OTHM Level 6 Diploma in Accounting and Business

OTHM Level 6 Diploma in Accounting and Business

Are you ready to take your career in finance and accounting to the next level? Look no further! Our OTHM Level 6 Diploma in Accounting and Business is designed to equip you with the skills, knowledge, and qualifications needed to excel in today’s competitive business world.

OTHM Level 6 Diploma in Accounting and Business aims to equip learners with the expertise and confidence needed to pursue careers in accounting, finance, or general business management. It provides a comprehensive understanding of key concepts and practical skills required to excel in the field.

The OTHM Level 6 Diploma in Accounting and Business is usually suited for individuals who have completed prior qualifications in accounting or related fields at Level 5 or equivalent. It offers an advanced level of study, allowing learners to deepen their understanding of accounting principles and their application in real-world business contexts.

This diploma program typically covers a range of topics including financial accounting, management accounting, financial management, auditing, taxation, business law, economics, and business ethics.

Ready to take the next step? Contact us now to learn more about our diploma program and how it can help you achieve your career goals.

The OTHM Level 6 Diploma in Accounting and Business is a qualification offered by the Oxford, Cambridge and RSA Examinations (OCR). It is designed to provide learners with a thorough understanding of accounting and business principles, preparing them for roles in finance, accounting, and related fields.

Upon successful completion of the program, students may pursue further education or enter the workforce in roles such as financial analyst, accountant, auditor, tax advisor, or financial manager, among others. The qualification is recognized by employers globally, providing opportunities for career advancement and professional development in the field of accounting and business.

The program often emphasizes the importance of corporate governance and ethical considerations in accounting and business practices.


The OTHM Level 6 Diploma in Accounting and Business offers several benefits to individuals pursuing a career in finance, accounting, or related fields:

  1. Comprehensive Knowledge: The diploma provides a comprehensive understanding of accounting and business principles, covering a wide range of topics including financial reporting, management accounting, business management, and financial analysis. This broad knowledge base equips learners with a solid foundation to excel in their careers.
  2. Career Advancement: Holding a Level 6 Diploma in Accounting and Business enhances one’s professional credentials and can open up opportunities for career advancement. It demonstrates to employers that the individual has attained a high level of competency and expertise in accounting and business management.
  3. Pathway to Professional Qualifications: The diploma serves as a pathway to professional qualifications such as ACCA or CIMA. By completing this diploma, individuals lay a strong foundation for further study and qualification as a chartered accountant or management accountant, which can significantly enhance their career prospects and earning potential.
  4. Practical Skills Development: The course not only focuses on theoretical knowledge but also emphasizes the development of practical skills such as financial analysis, budgeting, and strategic planning. These skills are highly valued by employers and are essential for success in the workplace.
  5. Global Recognition: OTHM qualifications are recognized internationally, providing individuals with the flexibility to pursue opportunities in various countries around the world. This global recognition enhances the portability of the qualification and increases career mobility for graduates.
  6. Industry-Relevant Curriculum: The curriculum of the diploma is designed in consultation with industry experts to ensure that it remains relevant to the needs and demands of the accounting and business sectors. This ensures that graduates are well-prepared to tackle real-world challenges and excel in their roles upon entering the workforce.
  7. Networking Opportunities: Participating in the diploma program allows individuals to network with fellow students, faculty members, and professionals in the field. Networking can lead to valuable connections, mentorship opportunities, and potential job leads, further enhancing career prospects.

Mandatory Units

  • Corporate and Business Law (20 credits)
  • Business Performance Measurement (20 credits)
  • Financial Securities Markets (20 credits)
  • Audit and Assurance (20 credits)
  • Business Research Project (20 credits)
  • Investment and Risk Management (20 credits)

CORPORATE AND BUSINESS LAW

  • Understand key elements of the English legal system.
  • Understand English legislation relating to anticompetitive practices.
  • Understand intellectual property rights.
  • Understand the legal relationship between business organisations and their consumers.
  • Understand the legal background relating to limited companies.

BUSINESS PERFORMANCE MEASUREMENT

  • Understand the principles of performance measurement.
  • Understand performance analysis in for profit and notfor-profit organisations.
  • Understand specialist cost and management accounting techniques.
  • Understand performance measurement reporting.

FINANCIAL SECURITIES MARKETS

  • Understand different types and trading of securities.
  • Understand principles of investment theory, securities and market analysis.
  • Understand the legislation and regulation controlling the financial services industry.

AUDIT AND ASSURANCE

  • Understand internal audit principles.
  • Understand current external audit legal and professional requirements.
  • Understand the risk involved in the external audit process.
  • Understand current external auditing practice.

BUSINESS RESEARCH PROJECT

  • Be able to propose a research project in a business and management context.
  • Be able to prepare a research plan and conduct a literature review.
  • Be able to carry out research according to the chosen research specification.
  • Be able to evaluate research and present results and conclusion.

INVESTMENT AND RISK MANAGEMENT

  • Understand the principles of financial market trading and investment.
  • Understand the theory of financial market trading and investment.
  • Understand risks associated with market trading and investment.

The OTHM Level 6 Diploma in Accounting and Business is ideally suited for individuals who possess a strong interest in finance, accounting, and business management and are looking to pursue a career in these fields. Ideal learners for this diploma typically include:

  1. Recent Graduates: Graduates with a bachelor’s degree in accounting, finance, business administration, economics, or related fields who are seeking to deepen their knowledge and enhance their career prospects.
  2. Working Professionals: Individuals already working in accounting or finance roles who wish to further their education and skills to advance in their careers or transition into more senior positions.
  3. Career Changers: Individuals from non-accounting backgrounds who are considering a career change into accounting or finance and require a comprehensive foundation in accounting and business principles.
  4. Aspiring Chartered Accountants and Management Accountants: Those aiming to pursue professional qualifications such as ACCA or CIMA, as the diploma serves as a stepping stone towards obtaining these certifications.
  5. Entrepreneurs and Business Owners: Business owners and entrepreneurs who seek a better understanding of financial management, reporting, and analysis to effectively manage their businesses and make informed strategic decisions.
  6. International Students: Individuals from various countries who seek an internationally recognized qualification that can enhance their career opportunities globally.
  7. Those Seeking Professional Development: Professionals who wish to enhance their skills and knowledge in accounting and business management to stay competitive in the job market and increase their earning potential.
  8. Individuals Interested in Financial Analysis and Investment: Those interested in careers in financial analysis, investment banking, or corporate finance, as the diploma provides a solid understanding of financial analysis techniques and investment principles.
Course Overview

Course Level

Level 6

Course Units

6 mandatory Units

TQT

1200 hours

GLH

480 hours

Duration

6 to 12 Months

Awarding Body

OTHM

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FAQs

The curriculum covers a wide range of topics including advanced accounting principles, financial reporting, management accounting, business management, financial analysis, corporate governance, and ethics.

To enroll in the OTHM Level 6 Diploma in Accounting and Business qualification, candidates need to meet the following criteria:

  1. Hold a relevant NQF/QCF/RQF Level 5 diploma or an equivalent recognized qualification.
  2. Mature learners aged over 21 may also be eligible if they possess management experience, but they should confirm this with the delivery center before registering for the program.
  3. Candidates must be at least 18 years old at the start of the course.
  4. Non-native English speakers must demonstrate English language proficiency unless they are from a majority English-speaking country.

Yes, the diploma serves as a pathway to professional qualifications such as ACCA or CIMA. It provides a solid foundation of knowledge and skills required for further study and qualification as a chartered accountant or management accountant.

Graduates of the diploma program can pursue various career paths in accounting, finance, or business management. Career options may include roles such as financial analyst, management accountant, auditor, tax consultant, financial manager, or business consultant.

Yes, graduates of the diploma program may choose to pursue further study by enrolling in higher-level qualifications such as master’s degrees or professional certifications in accounting or finance.

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