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OTHM Level 7 Diploma in Accounting and Finance

This Level 7 diploma develops advanced accounting, finance, audit, strategy and research capabilities for progression into senior professional roles or master's top-up study, through six mandatory ...

Awarding Body: OTHM|Course Level: Level 7
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Course features

The OTHM Level 7 Diploma in Accounting and Finance is an Ofqual-regulated RQF qualification with six mandatory units that develop advanced knowledge in accounting, finance, audit, strategy and research.

  • Awarded by OTHM and regulated by Ofqual

  • Level 7 qualification on the Regulated Qualifications Framework

  • 120 credits, 1200 Total Qualification Time and 600 Guided Learning Hours

  • Six mandatory units completed over a typical duration of one year

  • Pass/Fail grading with assessment by coursework

  • Eligible for progression to master's top-up programmes with advanced standing

About course

The OTHM Level 7 Diploma in Accounting and Finance is designed to provide learners with an understanding of contemporary and specialised approaches to accountancy and finance, key practical, theoretical and empirical issues, and academic research. It also develops awareness of the complex and changing legal framework in which the financial sector operates and the latest developments in accountancy and reporting required by government.

  • Builds understanding of advanced accounting and finance practice

  • Covers legal, regulatory and reporting developments affecting the sector

  • Combines financial strategy, audit, investment and research skills

  • Supports career development in public and private sector organisations

  • Prepares learners for senior professional and management responsibilities

  • Provides a recognised route toward master's top-up study

What you will learn

Learners develop advanced knowledge and practical capability across accounting, finance, investment, audit, strategy and applied business research through the qualification's mandatory units.

  • Contemporary and specialised approaches to accountancy and finance

  • Practical, theoretical and empirical issues in accounting and finance

  • Academic research principles and business research proposal development

  • The changing legal and regulatory framework affecting financial services

  • Corporate reporting, strategic finance and audit decision-making

  • Investment analysis, global finance and portfolio management skills

Course content

Who should attend

This qualification is suited to learners aiming for advanced study or high-level careers in accounting, finance and management-related fields.

  • Learners pursuing careers in the financial services industry

  • Aspiring professional accountants and finance specialists

  • Individuals seeking roles in banking and finance

  • Current or future managers needing advanced financial knowledge

  • Professionals working in public or private sector organisations

  • Learners planning progression to master's top-up study

Course requirements

Entry to the OTHM Level 7 Diploma in Accounting and Finance is based on prior academic achievement or relevant professional maturity, together with age and English language requirements.

  • An honours degree in a related subject, a UK Level 6 diploma, or an equivalent overseas qualification; mature learners with management experience may also be considered by the delivery centre

  • Learners must be aged 21 or over at the start of the course, and applicants from non-majority English-speaking countries must provide evidence of English language competency

Assessments

All units in this qualification are assessed by coursework, internally assessed by the centre and externally verified by OTHM. Learners must achieve all learning outcomes and assessment criteria for each unit to gain a pass.

  • Coursework-based assessment across all units

  • Internal assessment by the approved centre

  • External verification by OTHM

  • Assessment formats include business reports, a presentation with accompanying report, and a research proposal

Progression

The qualification enables learners to progress into or within employment and to continue further study. Because it is Ofqual-regulated, learners may progress to master's top-up programmes in the UK and overseas with advanced standing.

  • Progress into employment in accounting, finance, audit and management roles

  • Progress within existing professional or managerial positions

  • Advanced standing for master's top-up programmes at many universities

  • Route toward completing a full master's degree through dissertation-stage progression

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