OTHM Level 5 Extended Diploma in Business Management

The OTHM Level 5 Extended Diploma in Business Management is a dynamic qualification designed to equip individuals with the essential skills, knowledge, and expertise required to thrive in the competitive and fast-paced world of business management. This qualification provides a strong foundation in core business principles and leadership practices, making it an ideal choice for individuals aiming to advance their careers in management, strategy, and organizational leadership.

This extended diploma is equivalent to the second year of a bachelor’s degree, offering both academic knowledge and practical skills that will empower students to take on leadership roles across a wide range of industries. Whether you are looking to enhance your current managerial abilities or progress into a senior leadership position, the OTHM Level 5 Extended Diploma in Business Management will provide you with the tools to succeed.

The OTHM Level 5 Extended Diploma in Business Management is designed to offer students comprehensive insights into key aspects of business management, including leadership, strategic decision-making, financial management, marketing, and human resources. This qualification enables students to understand the broader context of business operations and equips them with the expertise to manage and grow organizations effectively.

The course blends theoretical learning with practical applications, ensuring students are prepared to tackle real-world business challenges. With an emphasis on leadership, strategy, and change management, this qualification is ideal for those seeking to enhance their professional profile and pursue senior positions in management.

Course Benefits

  1. Comprehensive Business Management Knowledge: Gain expertise in key areas such as strategic planning, organizational behavior, financial management, marketing, and leadership.
  2. Global Recognition: The OTHM qualification is internationally recognized, providing you with a credential that will enhance your career prospects across the globe.
  3. Career Progression: This diploma is ideal for individuals looking to climb the corporate ladder, switch to managerial roles, or transition into new leadership positions.
  4. Practical Skills for Real-World Application: Develop hands-on experience through case studies, business simulations, and industry projects that will equip you with the skills to make informed decisions.
  5. Pathway to Higher Education: The OTHM Level 5 Extended Diploma provides a strong foundation for progressing to a bachelor’s or master’s degree in business management or related fields.
  6. Leadership Development: Focus on honing your leadership, decision-making, and strategic thinking skills to prepare you for higher managerial roles.

Course Learning Outcomes

Upon successful completion of the OTHM Level 5 Extended Diploma in Business Management, students will have gained the following skills and knowledge:

  • Strategic Management: Understand and apply strategic management concepts, including planning, analysis, and execution of business strategies.
  • Leadership and Organizational Behavior: Develop leadership qualities, including team management, conflict resolution, and organizational dynamics to inspire and manage teams effectively.
  • Marketing and Market Strategy: Learn how to design, implement, and evaluate marketing strategies that align with business objectives.
  • Financial Management: Understand the key principles of financial management, budgeting, financial analysis, and making informed financial decisions for business success.
  • Operations Management: Gain insights into optimizing operational processes, improving productivity, and ensuring business efficiency across various departments.
  • Human Resource Management: Learn about HR practices, including recruitment, training, performance management, and employee relations.
  • Change Management: Understand how to manage organizational change effectively, including leading teams through transitions and innovation.

Study Units

The OTHM Level 5 Extended Diploma in Business Management qualification consists of 12 mandatory units, 240 credits, 2400 hours Total Qualification Time (TQT) and the recommended Guided Learning Hours (GLH) for this qualification is a minimum of 1200 hours.

To achieve the OTHM Level 5 Extended Diploma in Business Management, learners must achieve 240 credits, of which 120 credits are at Level 4 (6 units) and 120 credits are at Level 5 (6 units).

Level 4: 6 Mandatory units
  • Academic Writing and Research Skills (20 credits)
  • Business Operations (20 credits)
  • Communication in Business (20 credits)
  • Finance and Accounting (20 credits)
  • Leading and Managing Teams (20 credits)
  • Operating in a Global Context (20 credits)
Level 5: 6 Mandatory units
  • Principals and Concepts of Strategy (20 credits)
  • The Management of Human Resources (20 credits)
  • Marketing for Managers (20 credits)
  • Business Law for Managers (20 credits)
  • Management Accounting for Decision Making (20 credits)
  • Business Start-up; Conception to Market (20 credits)

Who is This Course For?

The OTHM Level 5 Extended Diploma in Business Management is suitable for:

  • Aspiring Managers and Leaders: Individuals who wish to build or enhance their career in business management and progress into leadership roles within organizations.
  • Current Managers: Professionals already working in management roles who want to enhance their skills and knowledge to take on more senior positions.
  • Entrepreneurs and Business Owners: Individuals looking to start or grow their own business and develop a deeper understanding of business operations and management.
  • Graduates and Students: Those who have a foundation in business and management but want to deepen their understanding of advanced business management concepts.
  • Professionals Seeking Career Change: Individuals currently working in other sectors who wish to transition into business management or leadership roles.

Future Progression

After completing the OTHM Level 5 Extended Diploma in Business Management, students have multiple pathways for further study and career advancement:

  1. Level 6 or Level 7 Diplomas: Progress to higher-level diplomas in business or management to specialize in areas such as strategic management, marketing, or HR.
  2. Bachelor’s Degree: This diploma can serve as a stepping stone to completing a bachelor’s degree in business management, either through a top-up program or direct enrollment at a university.
  3. Master’s Degree: Students may pursue a master’s degree in business management or a related field to deepen their knowledge of advanced business concepts.
  4. Professional Certifications: Many students opt to pursue professional qualifications from organizations such as the Chartered Management Institute (CMI), Project Management Institute (PMI), or the Institute of Leadership & Management (ILM) to further enhance their career prospects.

About OTHM

OTHM (Organisation for Tourism and Hospitality Management) is a recognized awarding body that offers high-quality qualifications designed to help students gain practical skills and academic knowledge in various sectors. OTHM qualifications, including the Level 5 Extended Diploma in Business Management, are globally recognized and respected by employers, making them an excellent choice for individuals looking to boost their careers.

The OTHM Level 5 Extended Diploma in Business Management is the perfect qualification for individuals looking to enhance their business and leadership skills and take their career to the next level. With a comprehensive curriculum that covers essential aspects of business management, leadership, and strategy, this diploma equips you with the knowledge and skills required to excel in managerial roles.

Whether you are aiming for career progression, entrepreneurship, or seeking to broaden your understanding of business operations, the OTHM Level 5 Extended Diploma in Business Management provides the foundation for a successful career in business leadership.