OTHM Level 7 Diploma in Accounting and Finance

The OTHM Level 7 Diploma in Accounting and Finance is a prestigious UK-based qualification designed for senior professionals, financial strategists, and accountants looking to master advanced concepts in finance, accounting, and auditing. Fully regulated by Ofqual (Office of Qualifications and Examinations Regulation – UK) and 100% assignment-based, this diploma is accepted worldwide by employers and academic institutions alike.

Incorporating cutting-edge insights like Auditing Fundamentals and ISO 19011:2018 Guidelines, the course prepares you for high-level strategic roles in the global financial industry.

Finance and accounting professionals play a critical role in shaping business success. The OTHM Level 7 Diploma in Accounting and Finance equips learners with advanced theoretical and practical knowledge required to excel in complex financial environments. Designed at the level of a Master’s degree, the qualification is ideal for professionals aiming to expand their expertise in financial analysis, risk management, strategic accounting, and regulatory compliance.

This course also includes a strong emphasis on auditing practices, ensuring graduates understand and apply ISO 19011:2018 Guidelines—a global standard for auditing management systems.

Course Overview

  • Qualification Title: OTHM Level 7 Diploma in Accounting and Finance
  • Awarding Body: OTHM Qualifications (Regulated by Ofqual – UK)
  • Level: Level 7 (Equivalent to a Master’s Degree)
  • Mode of Study: 100% Online / Distance Learning
  • Assessment: Assignment-Based (No Exams)
  • Duration: 6 to 12 Months (Flexible)
  • Global Recognition: Highly respected in the UK and internationally
  • Progression Route: Eligible for MSc/MBA top-up and professional certifications

Course Study Units

The diploma consists of six core units designed to develop strategic and analytical competence:

  1. Investment Analysis
  2. Corporate Social Responsibility and Governance
  3. Global Finance and Strategy
  4. Strategic Financial Management
  5. Strategic Audit and Assurance
  6. Auditing Fundamentals and ISO 19011:2018 Guidelines

The final unit dives into auditing techniques, risk assessments, and the implementation of ISO 19011:2018, offering practical skills in managing internal audits for accounting systems and financial controls.

Learning Outcomes

Upon successful completion of this qualification, learners will be able to:

  • Critically assess investment portfolios and financial instruments.
  • Evaluate the impact of global finance and international accounting standards.
  • Lead strategic financial decision-making processes in organizations.
  • Analyze corporate governance and ethical responsibilities in finance.
  • Conduct advanced auditing and assurance practices using ISO 19011:2018 guidelines.
  • Manage organizational risk and ensure regulatory compliance in global finance.

Course Benefits

  • Globally Respected UK Qualification – Recognized by universities and employers worldwide.
  • No Exams – 100% Assignment-Based – Practical and relevant assessment tasks.
  • Online & Flexible Study – Perfect for working professionals or international learners.
  • Audit & Compliance Focus – Learn how to conduct professional audits under ISO standards.
  • Fast Track to a Master’s – Progress to an MSc or MBA Top-Up with most UK universities.
  • Professional Development – Gain insights into international financial markets and strategies.

Who Can Enroll?

This course is ideal for:

  • Senior finance professionals and accountants
  • Financial auditors and controllers
  • Accounting graduates seeking a progression route
  • Professionals working in corporate finance, investment, or consultancy
  • Those aiming to pursue a Master’s degree in accounting, finance, or business

Entry Requirements:

  • A recognized Level 6 qualification (equivalent to a Bachelor’s degree) in Accounting/Finance
  • Or relevant professional experience in accounting or financial management
  • English language proficiency for non-native speakers

Future Progression

After completing the OTHM Level 7 Diploma in Accounting and Finance, learners can pursue:

  • MSc/MBA Top-Up Programmes at UK universities
  • Chartered Accountant (CA), ACCA, or CIMA progression pathways
  • Certified Internal Auditor (CIA) and related audit certifications
  • Career advancement into roles such as:
    • Finance Director
    • Financial Auditor or Controller
    • Risk & Compliance Manager
    • Chief Financial Officer (CFO)
    • Investment Analyst or Financial Strategist

The diploma also prepares professionals to engage in high-level consultancy, policy development, and financial audit practices across industries

The OTHM Level 7 Diploma in Accounting and Finance is more than just a qualification—it’s a gateway to advanced professional growth. With its emphasis on strategy, sustainability, and auditing under ISO 19011:2018, this diploma positions learners to become future leaders in global finance.

If you’re ready to take your financial expertise to the highest level, enroll today and unlock opportunities across industries and borders.