Here is what sets our qualification apart:
RQF Level 5
OTHM Qualifications
Regulated Qualification
1 year – 2 years
Online (Self-Paced)
Your Pathway to Accounting and Business Expertise.
Ready to advance your career in accounting and business management? The OTHM Level 5 Extended Diploma in Accounting and Business is designed to equip you with industry-relevant knowledge and practical expertise needed to thrive in today’s dynamic business environment. Equivalent to the first two years of a university degree, this comprehensive qualification delivers 240 credits, with a Total Qualification Time (TQT) of 2400 hours and 1200 Guided Learning Hours (GLH). It provides a strong academic and professional foundation, enabling you to confidently progress into higher education or skilled employment.
Throughout the programme, you will build a deep understanding of accounting principles within a broader business context while developing practical skills in financial reporting, planning, budgeting, and control. You will explore how businesses operate in economic environments, apply quantitative methods for decision-making, and gain the ability to manage financial performance effectively. The course also strengthens your analytical thinking, research capabilities, and problem-solving skills, ensuring you can interpret complex financial data and contribute to organisational success.
As you progress, you will enhance your leadership and management abilities, learning how to manage teams, develop business strategies, and make informed decisions that drive growth. You will gain valuable insights into financial management, taxation, corporate responsibility, and human resource practices, while also applying your knowledge to real-world scenarios such as developing a viable business plan. This blend of accounting and business expertise prepares you to take on versatile roles across industries where financial and managerial skills are essential.
Delivered with a career-focused approach at Inspire London College, this diploma opens doors to both academic progression and employment opportunities. OTHM’s progression pathways allow learners to advance into the final year of a degree or pursue further professional qualifications. Whether you aim to become an accounting professional, business manager, or entrepreneur, this programme equips you with the skills to succeed in a competitive global market. Take the next step in your professional journey, enrol today and unlock your potential in accounting and business.
Let us know if you have a question about this course and we will get back to you ASAP.
The OTHM Level 5 Extended Diploma in Accounting and Business includes 12 mandatory units and carries a total of 240 credits. It requires 2400 hours of Total Qualification Time (TQT), with a recommended minimum of 1200 Guided Learning Hours (GLH). To complete the qualification, learners must achieve 240 credits in total, split evenly between Level 4 and Level 5, 120 credits at each level, with 6 units at Level 4 and 6 units at Level 5.
Learners who do not complete the Level 5 Extended Diploma may receive the Level 4 Diploma in Accounting and Business if they pass all 6 Level 4 units and earn 120 credits. A separate registration is required for the Level 4 award.
Qualification Accreditation Number (QAN): (610/0728/6)
| Unit Ref No. | 12 Mandatory Units: 240 credits | Level | Credit | GLH | TQT |
| H/650/1099 | Academic Writing and Research Skills | 4 | 20 | 100 | 200 |
| T/650/1760 | Business and the Economic Environment | 4 | 20 | 100 | 200 |
| R/650/1912 | Principles of Financial Accounting | 4 | 20 | 100 | 200 |
| M/650/1911 | Quantitative Methods in a Business Context | 4 | 20 | 100 | 200 |
| Y/650/1914 | Management Accounting | 4 | 20 | 100 | 200 |
| T/650/1148 | Leading and Managing Teams | 4 | 20 | 100 | 200 |
| A/650/2356 | Principles and Concepts of Business Strategy | 5 | 20 | 100 | 200 |
| F/650/1917 | Financial Management | 5 | 20 | 100 | 200 |
| H/650/1918 | Financial Planning and Control | 5 | 20 | 100 | 200 |
| J/650/1919 | Financial Reporting | 5 | 20 | 100 | 200 |
| H/650/1151 | The Management of Human Resources | 5 | 20 | 100 | 200 |
| M/650/1155 | Business Start-up: Conception to Market | 5 | 20 | 100 | 200 |
The OTHM Level 5 Extended Diploma in Accounting and Business is designed to be accessible and flexible, allowing learners from diverse backgrounds to progress without unnecessary barriers. To enrol in this qualification, you should meet the following entry requirements:
Before enrolling, please ensure you meet these requirements to make the most of your learning experience. For detailed entry guidelines, click here.
*Learners from non-majority English-speaking countries must provide acceptable proof of English language ability. For more information, visit Language Expectations.
The OTHM Level 5 Extended Diploma in Accounting and Business is ideal for learners who want to build a career in accounting and finance. It develops practical skills in business management and financial decision-making, preparing you for roles such as Accounts Assistant, Bookkeeper, Finance Officer, or Business Analyst.
Progression
On completion of this qualification, learners can:
The OTHM Level 5 Extended Diploma in Accounting and Business is accredited by OTHM Qualifications. OTHM is an awarding body approved and regulated by Ofqual (Office of Qualifications and Examinations Regulation), reference RN5284. Ofqual makes sure qualifications meet high standards, while OTHM ensures the course is reliable, quality-checked, and meaningful for your career. Inspire London College offers these RQF qualifications through OTHM, giving you respected, recognised credentials that help you grow and succeed in accounting and finance.
Learners can verify this qualification on the Ofqual Register of Regulated Qualifications for confirmation and further details. This qualification holds the Qualification Accreditation Number (QAN): 610/0728/6. OTHM also maintains strong progression arrangements with several UK universities, allowing learners who complete Level 3 to Level 7 qualifications to gain advanced entry into relevant degree top-up and Master’s top-up programmes. This supports both academic and professional progression.
Inspire London College internally assesses all units of the OTHM Level 5 Extended Diploma in Accounting and Business, which is externally assessed by OTHM Qualifications. The qualification is criterion-referenced, meaning learners are evaluated based on their ability to meet the specified learning outcomes for each unit. Assessment is coursework-based and focuses on assignment writing and report writing rather than traditional examinations, allowing learners to demonstrate applied understanding through structured academic tasks.
To achieve a “Pass” in any unit, learners must submit coursework that provides clear and sufficient evidence of meeting all assessment criteria. Each assignment is reviewed by qualified assessors to ensure fair, consistent, and accurate evaluation in line with OTHM standards, supporting learners in developing practical academic and professional skills through structured coursework completion.
After successfully completing the OTHM Level 5 Extended Diploma in Accounting and Business, you will receive an official Ofqual-regulated certificate and transcript issued by OTHM Qualifications. All certificates are securely provided in electronic PDF format at no extra cost.
If you want a hard copy of the Certificate and Transcript, you can order it directly from the Awarding Body OTHM using the self-service e certificate & transcript portal and completing the registration process. The hard-copy certificate will cost £30, plus charges for your preferred shipping option to your location.
You may contact certificate@inspirelondoncollege.co.uk if you require any assistance.
| Pay full Fee | Regular Fee | Discounted Fee | % Discounted | Initial Deposit | Instalments | Fast track |
|---|---|---|---|---|---|---|
| Pay Full Fee | £1856 | £1299 | 30% | – | – | – |
| 6 Month Instalment | £1856 | £1392 | 25% | £350 | £173.66 | – |
| 8 Month Instalment | £1856 | £1392 | 25% | £350 | £130.25 | – |
The OTHM Level 5 Extended Diploma in Accounting and Business includes 12 mandatory units and carries a total of 240 credits. It requires 2400 hours of Total Qualification Time (TQT), with a recommended minimum of 1200 Guided Learning Hours (GLH). To complete the qualification, learners must achieve 240 credits in total, split evenly between Level 4 and Level 5, 120 credits at each level, with 6 units at Level 4 and 6 units at Level 5.
Learners who do not complete the Level 5 Extended Diploma may receive the Level 4 Diploma in Accounting and Business if they pass all 6 Level 4 units and earn 120 credits. A separate registration is required for the Level 4 award.
Qualification Accreditation Number (QAN): (610/0728/6)
| Unit Ref No. | 12 Mandatory Units: 240 credits | Level | Credit | GLH | TQT |
| H/650/1099 | Academic Writing and Research Skills | 4 | 20 | 100 | 200 |
| T/650/1760 | Business and the Economic Environment | 4 | 20 | 100 | 200 |
| R/650/1912 | Principles of Financial Accounting | 4 | 20 | 100 | 200 |
| M/650/1911 | Quantitative Methods in a Business Context | 4 | 20 | 100 | 200 |
| Y/650/1914 | Management Accounting | 4 | 20 | 100 | 200 |
| T/650/1148 | Leading and Managing Teams | 4 | 20 | 100 | 200 |
| A/650/2356 | Principles and Concepts of Business Strategy | 5 | 20 | 100 | 200 |
| F/650/1917 | Financial Management | 5 | 20 | 100 | 200 |
| H/650/1918 | Financial Planning and Control | 5 | 20 | 100 | 200 |
| J/650/1919 | Financial Reporting | 5 | 20 | 100 | 200 |
| H/650/1151 | The Management of Human Resources | 5 | 20 | 100 | 200 |
| M/650/1155 | Business Start-up: Conception to Market | 5 | 20 | 100 | 200 |
The OTHM Level 5 Extended Diploma in Accounting and Business is designed to be accessible and flexible, allowing learners from diverse backgrounds to progress without unnecessary barriers. To enrol in this qualification, you should meet the following entry requirements:
Before enrolling, please ensure you meet these requirements to make the most of your learning experience. For detailed entry guidelines, click here.
*Learners from non-majority English-speaking countries must provide acceptable proof of English language ability. For more information, visit Language Expectations.
The OTHM Level 5 Extended Diploma in Accounting and Business is ideal for learners who want to build a career in accounting and finance. It develops practical skills in business management and financial decision-making, preparing you for roles such as Accounts Assistant, Bookkeeper, Finance Officer, or Business Analyst.
Progression
On completion of this qualification, learners can:
The OTHM Level 5 Extended Diploma in Accounting and Business is accredited by OTHM Qualifications. OTHM is an awarding body approved and regulated by Ofqual (Office of Qualifications and Examinations Regulation), reference RN5284. Ofqual makes sure qualifications meet high standards, while OTHM ensures the course is reliable, quality-checked, and meaningful for your career. Inspire London College offers these RQF qualifications through OTHM, giving you respected, recognised credentials that help you grow and succeed in accounting and finance.
Learners can verify this qualification on the Ofqual Register of Regulated Qualifications for confirmation and further details. This qualification holds the Qualification Accreditation Number (QAN): 610/0728/6. OTHM also maintains strong progression arrangements with several UK universities, allowing learners who complete Level 3 to Level 7 qualifications to gain advanced entry into relevant degree top-up and Master’s top-up programmes. This supports both academic and professional progression.
Inspire London College internally assesses all units of the OTHM Level 5 Extended Diploma in Accounting and Business, which is externally assessed by OTHM Qualifications. The qualification is criterion-referenced, meaning learners are evaluated based on their ability to meet the specified learning outcomes for each unit. Assessment is coursework-based and focuses on assignment writing and report writing rather than traditional examinations, allowing learners to demonstrate applied understanding through structured academic tasks.
To achieve a “Pass” in any unit, learners must submit coursework that provides clear and sufficient evidence of meeting all assessment criteria. Each assignment is reviewed by qualified assessors to ensure fair, consistent, and accurate evaluation in line with OTHM standards, supporting learners in developing practical academic and professional skills through structured coursework completion.
After successfully completing the OTHM Level 5 Extended Diploma in Accounting and Business, you will receive an official Ofqual-regulated certificate and transcript issued by OTHM Qualifications. All certificates are securely provided in electronic PDF format at no extra cost.
If you want a hard copy of the Certificate and Transcript, you can order it directly from the Awarding Body OTHM using the self-service e certificate & transcript portal and completing the registration process. The hard-copy certificate will cost £30, plus charges for your preferred shipping option to your location.
You may contact certificate@inspirelondoncollege.co.uk if you require any assistance.
| Pay full Fee | Regular Fee | Discounted Fee | % Discounted | Initial Deposit | Instalments | Fast track |
|---|---|---|---|---|---|---|
| Pay Full Fee | £1856 | £1299 | 30% | – | – | – |
| 6 Month Instalment | £1856 | £1392 | 25% | £350 | £173.66 | – |
| 8 Month Instalment | £1856 | £1392 | 25% | £350 | £130.25 | – |
6 Monthly payments of £173.66 (25% OFF)
8 Monthly payments of £130.25 (25% OFF)
Pay full fee to get 30% discount
Inspire London College is dedicated to turning your ambition into achievement. Our courses blend practical skills with professional development to prepare you for real progress in your career.
Study anytime, anywhere, and take full control of your learning schedule to fit your lifestyle.
Get 24/7 assistance from our dedicated team, who guide you every step of the way.
Spread your payments with simple, interest-free instalment options designed for flexibility.
Develop practical, job-ready skills that enhance your employability and set you apart in the workplace.
Access high-quality education at a price that keeps your ambitions within reach.
£400/Initial Deposit
£70.5 per month for 8 months
OTHM Qualifications
6 months – 12 months
Assignments / Report Writing£200/Initial Deposit
£41.87 per month for 8 months
OTHM Qualifications
6 months – 12 months
Assignments / Report WritingThis is a 240-credit qualification (Levels 4 and 5) designed to give you strong accounting, finance, and business management skills equivalent to the first two years of a UK bachelor’s degree.
No. There are no written exams. Your progress is evaluated through assignments that demonstrate your understanding of each unit.
Yes. It is awarded by OTHM Qualifications, which is approved and regulated by Ofqual. This makes it widely recognised by employers and many universities.
After successful completion, you will receive an official OTHM e-certificate and transcript. If you want a printed copy, you can order it directly from OTHM for a small fee.
You can aim for roles such as Accounts Assistant, Finance Officer, Payroll Administrator, Business Analyst, Team Leader, or Junior Business Manager.
£350.00 – £1,299.00Price range: £350.00 through £1,299.00
Fill out the form to get the full course details in PDF.

