OTHM Level 5 Diploma in Accounting and Business

OTHM Level 5 Diploma in Accounting and Business


OTHM Level 5 Online Diploma in Accounting and Business is related to Accounting and Finance, which is a specialised branch of accounting that keeps track of a company’s financial activities. The transactions are documented, summarised, and presented in a financial report or financial statement such as an income statement or a balance sheet using standardised rules. The London College of Professional Studies offers this course both online and in-person.


It is critical to note that the goal of the Diploma in Accounting and Business Level 5 is not to report a company’s value. Rather, its goal is to disclose enough information for others to appraise a company’s worth for themselves. You can study both at home and in class. We also provide blended learning.

Online, distance learning

Start dates and duration:
Apply now for any date

Tuition fees and funding:
Total course cost is £10,250 split equally across the duration of your course (full and part-time).
For UK students: you can apply for a non-means-tested government master’s loan.

Entry requirements:
2:2 honours degree and above or equivalent – from a recognised institution.
English language: IELTS Level 6.5 or above with no element below 6.0 (or equivalent).

Online application form

Information requested on this form should be completed in as much detail in order to process your application successfully. All fields marked * must be completed.

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Entry Requirements

For entry onto the Diploma in Account & Business qualification, learners must possess:

  • Relevant NQF/QCF/RQF Level 4 diploma or equivalent recognised qualification
  • Learner must be 18 years or older at the beginning of the course

Module Structure

The OTHM Level 5 Online Diploma in Accounting and Business consists of 6 mandatory units for a combined total of 120 credits

Unit Ref. No.Unit titleCreditGLHTQT
T/617/3298Financial Management2080200
M/617/3297Financial Planning and Control2080200
K/617/3296Financial Reporting2080200
H/617/3295Taxation Principles and Practices2080200
D/617/3294People Management2080200
Y/617/3293Business Ethics and Corporate Social Responsibility2080200


Learners completing the OTHM Level 5 Online Diploma in Accounting and Business will allow progress to:

  • Level 6 Diploma in Accounting and Business, and other relevant OTHM Level 6 Diplomas student can apply or
  • Learners are eligible to gain direct entry into the final year of a three-year UK Bachelor’s degree.


Assessment is via assignment submission

No Exams


This Diploma in Accounting and Business programme is accredited by Ofqual Awarding body (Othm). Click here to know about OTHM

If you have any questions and want to know the fees please email us or call us

Phone: +44 (0) 203 771 5653
Email: admissions@westfieldcollege.co.uk

Not sure how these qualifications translate to the UK equivalents, but this is the entry criteria we have for this programme:


Full time

Complete your degree in the shortest possible time and study flexibly – when and where suits you!


You’ll study 9 modules in total (approx. 37 hrs/week).

Part time option one

Study for a degree whilst fitting it around your work, care and other life commitments.


You’ll study 6 modules per year (approx. 25 hrs/week).

Part time option two

Take time to study and spread the tuition fees over a longer period – at no extra cost.


You’ll study 4–5 modules per year (approx. 19 hrs/week).

Have a question about our professional qualifications?

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If you have any questions about our professional qualifications in finance and banking, please contact our customer services team.

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