OTHM Level 7 Diploma in Accounting and Finance
OTHM Awarding Body
Average Completion Time: 6-18 Months
Course Level: 07
Study Method: Online
Study Units: 6 Units
Assessment Based
The OTHM Level 7 Diploma in Accounting and Finance is designed for professionals who want to deepen their financial expertise, gain strategic knowledge, and enhance their leadership skills in the financial sector. This internationally recognized qualification provides the foundation for higher-level roles in accounting, finance, and business management, making it a key stepping stone for career progression.
The OTHM Level 7 Diploma in Accounting and Finance is an advanced qualification that equips learners with the practical knowledge and strategic understanding necessary to succeed in high-level accounting and finance roles. The course covers a broad range of topics, including financial reporting, management accounting, corporate finance, and financial management. The diploma is ideal for individuals looking to pursue senior roles in accounting, finance, or business management, or those seeking to develop a deep understanding of financial strategies and corporate decision-making.
The OTHM Level 7 Diploma in Accounting and Finance is a comprehensive, globally recognized qualification that provides professionals with the advanced skills and knowledge needed to excel in high-level finance and accounting roles. Whether you are seeking career progression, planning to move into senior leadership positions, or aiming to further your academic studies, this diploma offers a valuable pathway to success. With flexible study options and a curriculum designed to meet industry needs, the OTHM Level 7 Diploma in Accounting and Finance is the key to unlocking your career potential.
Entry Requirements
To be eligible for the OTHM Level 7 Diploma in Accounting and Finance, learners must meet the following entry criteria:
Academic Qualifications:
A UK honours degree in a relevant subject such as Accounting, Finance, or Business, or a Level 6 qualification (e.g., a UK Level 6 diploma). Equivalent qualifications from overseas institutions may also be accepted, provided they meet the same academic standards.
Mature Learners with Professional Experience:
Mature learners (21 years or older) who have relevant management experience in the finance or accounting sector may be eligible for entry. However, these learners are encouraged to contact the delivery center to confirm if their professional experience meets the entry requirements before registering for the program.
Age Requirement:
Applicants must be at least 21 years old at the start of the course.
English Language Proficiency:
If the learner’s first language is not English, and they are from a non-majority English-speaking country, they must provide evidence of their English language proficiency. Accepted qualifications may include an IELTS score or an equivalent English test.
Equivalences
These diplomas are shorter than traditional master’s degrees, requiring only 120 credits for completion.
To achieve a full master’s degree, students who complete the OTHM Level 7 diploma must continue their studies by progressing to the dissertation stage.
The dissertation stage typically adds an additional 60 credits, which must be completed at a university or higher education institution.
The OTHM Level 7 diploma provides a strong academic foundation at postgraduate level, but the dissertation phase is needed to earn a full master’s qualification.
Key features of OTHM Level 7 diplomas:
They are recognized at the same level as master’s degrees on the RQF.
They offer a concise, 120-credit program, ideal for those seeking advanced knowledge in a specific field.
The dissertation phase allows for specialization and the completion of a full master’s qualification.
The OTHM Level 7 diploma is a flexible and affordable alternative for students aiming to progress into a full master’s degree later, enhancing career opportunities and academic expertise.
Qualification structure
The OTHM Level 7 Diploma in Accounting and Finance
Mandatory Units
| Sr# | Unit Title | Credit Hours |
|---|---|---|
| 1 | Investment Analysis | 20 |
| 2 | Corporate Reporting | 20 |
| 3 | Global Finance and Strategy | 20 |
| 4 | Strategic Financial Management | 20 |
| 5 | Strategic Audit | 20 |
| 6 | Business Research Methods | 20 |
Who is this Course For
The OTHM Level 7 Diploma in Accounting and Finance is ideal for individuals seeking to advance their careers in finance, accounting, and business management. This qualification is designed for:
Aspiring Finance Leaders:
If you aim to move into senior management or leadership roles such as Finance Director, Financial Manager, or Chief Financial Officer (CFO), this course equips you with the advanced skills required for these high-level positions.
Accounting Professionals:
If you already have a background in accounting or finance and wish to deepen your expertise, this diploma helps you develop strategic knowledge in areas like financial reporting, corporate finance, and strategic financial management.
Business Professionals:
For managers and executives who need a stronger understanding of financial principles to make informed decisions, the course provides essential financial and managerial skills that can be applied in a wide range of industries.
Mature Learners: Individuals with significant professional experience in finance or management but without formal academic qualifications may also be eligible for this course. Mature learners can benefit from the course’s focus on practical application and strategic thinking.
This qualification is perfect for those who wish to enhance their leadership capabilities, progress in their careers, or pursue further academic study in accounting or finance.
Future Progression
Completing the OTHM Level 7 Diploma in Accounting and Finance offers a range of exciting progression opportunities for both further study and career advancement:
Pathway to Master’s Degrees:
Seamless transition to Master’s top-up programs at universities in the UK and abroad.
Many universities offer advanced standing, allowing you to complete your Master’s degree faster by building on the 20 credits earned through this diploma.
Potential progression to programs like MBA, Master’s in Accounting and Finance, or Master’s in Business Management.
Career Advancement:
The diploma equips you for senior roles in accounting and finance, such as Finance Manager, Finance Director, Chief Financial Officer (CFO), and Financial Analyst.
Enhanced strategic financial management, reporting, and corporate finance skills prepare you for leadership positions.
Professional Recognition:
The qualification is Ofqual-regulated, making it globally recognized by employers and professional bodies.
Graduates can pursue professional certifications or memberships with top financial organizations, such as ACCA, CIMA, and CFA.
Global Career Opportunities:
The qualification’s international recognition opens up opportunities for work in global financial institutions and multinational corporations.
The OTHM Level 7 Diploma in Accounting and Finance provides a solid foundation for anyone looking to enhance their academic qualifications, elevate their professional status, and advance in the finance sector.
The Qualification Process
Qualification Process for the OTHM Level 7 Diploma in Accounting and Finance
- Eligibility Check and Application
- Ensure that you meet the entry requirements, including prior educational qualifications and relevant work experience in health and safety or a related field.
- Complete the application process through an approved OTHM training center, providing any necessary documentation and proof of qualifications.
- Enrollment and Orientation
- Once accepted, enroll in the course and participate in an orientation session to understand course requirements, timelines, and assessment methods.
- Course Study and Learning Activities
- Engage with six mandatory units that cover key areas of occupational health and safety management.
- Dedicate 1,200 hours of Total Qualification Time (TQT), including 600 Guided Learning Hours (GLH) through lectures, study materials, and interactive sessions.
- Assessment and Evaluation
- Complete unit assessments, which may include assignments, case studies, reports, and practical projects, to demonstrate your understanding of course content.
- Assessments are reviewed and graded by the center and are externally verified by OTHM to ensure quality and rigor.
- Certification
- Upon successful completion of all units and assessments, receive the OTHM Level 7 Diploma in Accounting and Finance
- Future Progression
- With this diploma, pursue career advancement in health and safety management, apply for Chartered status, or consider further academic progression, such as a Master’s degree.
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The Global Training and Certification Service (TGTCS) Is Associate Training partner of Inspire College of Technologies (ICTQual UK) . TGTCS is offering all OTHM qualifications in association with ICTQual.