OTHM Level 6 Diploma in Accounting and Business

About this course


Accounting and finance are at the very heart of business operations. From banking to manufacturing, from huge service industries to micro businesses, the ability to manage, plan and account for money is still the ultimate measure of business success and the key driver of growth.

Many accountants occupy key managerial positions in business, yet few are qualified managers. In the increasingly complex modern business environment, there is a high demand for skilled professionals who can work flexibly in teams across business boundaries.

The objective of the OTHM Level 6 Diploma in Accounting and Business qualification is to provide learners with the knowledge and skills required by a middle or senior manager in an organisation, and who may be involved in managing organisational finances, investment and risk, audit and assurance, or research.


OTHM qualifications at RQF Level 6 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to Bachelor’s Degrees with Honours, Bachelor’s Degrees, Professional Graduate Certificate in Education (PGCE), Graduate Diplomas and Graduate Certificates.


Qualification structure

The OTHM Level 6 Diploma in Accounting and Business consists of 6 mandatory units for a combined total of 120 credits, 1200 hours Total Qualification Time (TQT) and 480 Guided Learning Hours (GLH) for the completed qualification.

Module1: Corporate and Business Law (20 credits)

it provides learners with a comprehensive overview of legal principles and regulations relevant to corporate and business operations.

This module covers fundamental legal concepts such as contract law, company law, employment law, and commercial law. Learners gain an understanding of the legal structures, governance requirements, and compliance obligations applicable to businesses.

Additionally, ethical considerations and principles of corporate social responsibility are explored within the context of legal compliance.

By studying this module, learners acquire the knowledge and skills necessary to navigate legal challenges, ensure regulatory compliance, and make ethically sound decisions in corporate and business settings.

Module 2: Business Performance Measurement (20 credits)

it focuses on equipping learners with the skills to effectively measure and evaluate business performance. Learners explore various techniques such as key performance indicators (KPIs), balanced scorecards, and benchmarking to assess financial and non-financial aspects of organizational performance.

The module emphasizes the alignment of performance measurement with strategic objectives and the communication of performance results to stakeholders.

Through this module, learners develop the ability to analyze performance data, identify areas for improvement, and contribute to strategic decision-making within organizations.

Module 3: Financial Securities Markets (20 credits)

it provides learners with an in-depth understanding of financial markets.

This module covers the structure, functioning, and regulation of financial securities markets, including primary and secondary markets, various types of securities, investment instruments, trading mechanisms, and regulatory frameworks.

Learners gain insights into market participants, trading platforms, and the roles of regulatory bodies.

By studying this module, learners develop the knowledge and skills necessary to analyze market trends, evaluate investment opportunities, and navigate the complexities of financial securities markets effectively.

Module 4: Audit and Assurance (20 credits)

it provides learners with a comprehensive understanding of auditing principles and practices.

This module covers audit planning, evidence gathering, internal control systems, audit procedures, audit reporting, and ethical considerations.

Learners develop the knowledge and skills necessary to conduct audits effectively, ensuring compliance with auditing standards, regulatory requirements, and ethical principles.

Additionally, learners gain insights into the role of assurance services in providing credibility and reliability to financial information, contributing to organizational governance and risk management processes.

Module 5: Business Research Project (20 credits)

it guides learners through the process of conducting independent research in the field of accounting or business management.

Learners develop a research proposal outlining objectives, methodology, and expected outcomes.

They conduct a comprehensive literature review, collect and analyze data using appropriate research methodologies, and critically evaluate findings to draw conclusions and make recommendations. Finally, learners present their research findings in a structured report and formal presentation.

This module equips learners with essential research skills and provides an opportunity to contribute new knowledge to the field.

Module 6: Investment and Risk Management (20 credits)

it provides learners with a comprehensive understanding of investment principles and risk management strategies.

Learners explore various investment vehicles, portfolio theory, asset allocation strategies, and risk management techniques.

Additionally, they examine derivative instruments and the regulatory environment governing investment management.

Through this module, learners develop the knowledge and skills needed to make informed investment decisions, construct diversified investment portfolios, and effectively manage investment risks.

They also gain insights into compliance with legal and ethical standards in the investment industry.

Duration and delivery

The qualification is designed to be delivered over one academic year for full-time study, but it is also flexible in its delivery in order to accommodate part-time and distance learning.

The qualification is delivered face-to-face, through lectures, tutorials, seminars, distance, online by approved centres only.

Assessment and verification

All units within this qualification are internally assessed by the centre and externally verified by OTHM. The qualifications are criterion referenced, based on the achievement of all the specified learning outcomes.

To achieve a ‘pass’ for a unit, learners must provide evidence to demonstrate that they have fulfilled all the learning outcomes and meet the standards specified by all assessment criteria. Judgement that the learners have successfully fulfilled the assessment criteria is made by the Assessor.

The Assessor should provide an audit trail showing how the judgement of the learners’ overall achievement has been arrived at.


Successful completion of Level 6 Diploma in Accounting and Business qualification provides learners the opportunity for a wide range of academic progressions including progression to relevant OTHM Level 7 Diplomas. This qualification has been developed with career progression and professional recognition in mind. As the Level 6 Diploma in Accounting and Business qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), learners are eligible to gain direct entry into relevant Master’s degree programmes. For more information visit University Progressions page in this website.

Entry Requirements

For entry onto the OTHM Level 6 Diploma in Accounting and Business qualification, learners must possess:

  • Relevant NQF/QCF/RQF Level 5 diploma or equivalent recognised qualification
  • Mature learners (over 21) with management experience (learners must check with the delivery centre regarding this experience prior to registering for the programme)
  • Learner must be 18 years or older at the beginning of the course
  • English requirements: If a learner is not from a majority English-speaking country must provide evidence of English language competency. For more information visit English Language Expectations page in this website

What you will learn

Corporate and Business Law (20 credits):

  • Understanding legal frameworks and regulations governing corporate and business operations.
  • Exploring contract law, company law, employment law, and other legal aspects relevant to business operations.
  • Analyzing legal implications for corporate governance, compliance, and risk management.

Business Performance Measurement (20 credits):

  • Learning techniques and methods for measuring and evaluating business performance.
  • Exploring key performance indicators (KPIs), balanced scorecards, and other performance measurement tools.
  • Analyzing financial and non-financial factors impacting business performance and decision-making.

Financial Securities Markets (20 credits):

  • Understanding the structure and functioning of financial securities markets, including equity, bond, and derivative markets.
  • Exploring investment instruments, trading mechanisms, and regulatory frameworks governing financial markets.
  • Analyzing factors influencing securities prices, market efficiency, and investor behavior.

Audit and Assurance (20 credits):

  • Learning principles and practices of auditing, including audit planning, risk assessment, and evidence gathering.
  • Understanding auditing standards, ethical considerations, and regulatory requirements.
  • Exploring internal control systems, audit procedures, and reporting requirements for various types of audits.

Business Research Project (20 credits):

  • Conducting independent research on a relevant topic in accounting or business management.
  • Applying research methodologies, data analysis techniques, and critical thinking skills to investigate a research question or problem.
  • Producing a research report or dissertation that demonstrates research findings, analysis, and conclusions.

Investment and Risk Management (20 credits):

  • Exploring principles and practices of investment management, portfolio construction, and asset allocation.
  • Understanding risk management techniques, including risk assessment, mitigation strategies, and hedging instruments.
  • Analyzing factors influencing investment decisions, financial markets, and portfolio performance.

Overall, the OTHM Level 6 Diploma in Accounting and Business provides learners with a comprehensive understanding of key concepts and skills essential for success in accounting, finance, and business management roles. Graduates are equipped with the knowledge and competencies needed to pursue careers in accounting firms, financial institutions, corporate finance departments, and other business sectors.

Benefits of this course

Professional Qualification:

  • Upon completion, learners receive a recognized diploma, enhancing their credibility and employability in the job market.

Comprehensive Knowledge:

  • The diploma covers a wide range of topics including corporate law, financial markets, audit, and investment management, providing learners with a well-rounded understanding of accounting and business principles.

Career Advancement:

  • Graduates are equipped with the skills and knowledge needed to pursue various career paths in accounting, finance, or business management, including roles such as financial analyst, auditor, investment advisor, or management accountant.

Industry-Relevant Skills:

  • Learners acquire practical skills such as financial analysis, risk management, and business research, which are highly valued by employers in the finance and accounting sectors.

Professional Development:

  • The diploma program fosters personal and professional development by enhancing critical thinking, analytical skills, and decision-making abilities.


  • The program is often designed to be flexible, allowing learners to study part-time or through distance learning, enabling them to balance their studies with work or other commitments.

Networking Opportunities:

  • Learners have the opportunity to interact with instructors, peers, and industry professionals during the course, providing valuable networking opportunities that can lead to career advancement or job opportunities.

Preparation for Further Study:

  • The diploma serves as a solid foundation for further study at higher levels, such as pursuing a bachelor’s or master’s degree in accounting, finance, or business administration.

Overall, the OTHM Level 6 Diploma in Accounting and Business offers a pathway for individuals to enhance their knowledge, skills, and career prospects in the dynamic fields of accounting, finance, and business management.

Qualification Number: 603/4018/6


Benefits Obtained :