OTHM Level 6 Diploma in Accounting and Financial Management

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OTHM Level 6 Diploma in Accounting and Financial Management

The OTHM Level 6 Diploma in Accounting and Financial Management is designed for aspiring accounting professionals seeking advanced knowledge and skills.

With a focus on financial management, this diploma is ideal for those looking to transition into senior roles or start their own businesses.

Course content includes financial planning, budgeting, and forecasting, as well as advanced accounting techniques and financial analysis.

Develop your expertise in financial management and take your career to the next level with the OTHM Level 6 Diploma in Accounting and Financial Management.

Explore the benefits of this diploma and discover how it can help you achieve your career goals.

Accounting and financial management are crucial skills for any aspiring finance professional. The OTHM Level 6 Diploma in Accounting and Financial Management is a comprehensive course that equips learners with the knowledge and skills required to succeed in this field. With a focus on advanced topics such as financial management, accounting systems, and financial analysis, this course provides learners with a solid foundation in accounting principles and practices. Upon completion, learners can expect improved career prospects and increased earning potential, with many graduates securing senior roles in finance and accounting. The course is also flexible and accessible, with online learning options available.



Benefits of studying OTHM Level 6 Diploma in Accounting and Financial Management

OTHM Level 6 Diploma in Accounting and Financial Management holds significant importance in today's market, particularly in the UK. The UK's accountancy profession is highly regulated, and employers require professionals to possess a recognized qualification. According to the Institute of Chartered Accountants in England and Wales (ICAEW), the demand for accountants is expected to increase by 10% by 2025, with the average salary ranging from £35,000 to £60,000.

Year Number of Accountants
2020 140,000
2025 (projected) 154,000
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``` The OTHM Level 6 Diploma in Accounting and Financial Management is designed to equip learners with the necessary skills and knowledge to succeed in the UK's accountancy profession. The diploma covers a range of topics, including financial management, accounting principles, and financial analysis. By completing this diploma, learners can gain a recognized qualification and increase their employability in the UK's accountancy market.

Career path

Learn keyfacts about OTHM Level 6 Diploma in Accounting and Financial Management

The OTHM Level 6 Diploma in Accounting and Financial Management is a prestigious qualification that offers advanced knowledge in financial management, accounting, and business operations.

Learning outcomes of this diploma include understanding financial management, financial analysis, financial planning, and financial reporting, as well as advanced accounting techniques, taxation, and auditing.

The duration of this diploma is typically 12 months, with students required to complete 12 modules and a final project. This flexible learning program allows students to balance their studies with work and other commitments.

The OTHM Level 6 Diploma in Accounting and Financial Management is highly relevant to the accounting and finance industry, with graduates able to pursue senior roles in financial management, accounting, and business operations.

Industry relevance is further enhanced by the fact that this diploma is recognized by many employers and professional bodies, including the Institute of Chartered Accountants in England and Wales (ICAEW) and the Chartered Institute of Management Accountants (CIMA).

OTHM is a leading awarding body for business and finance qualifications, with a strong reputation for delivering high-quality, industry-recognized qualifications.

Graduates of the OTHM Level 6 Diploma in Accounting and Financial Management can expect to earn a salary range of £40,000-£70,000 per annum, depending on their role and industry.

Overall, the OTHM Level 6 Diploma in Accounting and Financial Management is an excellent choice for individuals seeking advanced knowledge and skills in financial management, accounting, and business operations.

Who is OTHM Level 6 Diploma in Accounting and Financial Management for?

Ideal Audience for OTHM Level 6 Diploma in Accounting and Financial Management
Prospective learners with a passion for accounting and financial management, particularly those in the UK, are ideal candidates for the OTHM Level 6 Diploma. With over 600,000 small businesses in the UK alone, the demand for skilled accountants and financial managers is on the rise. According to a report by the Chartered Institute of Management Accountants (CIMA), the UK's accountancy sector is expected to grow by 10% by 2025, creating new opportunities for those with the right qualifications. The OTHM Level 6 Diploma is designed to equip learners with the knowledge and skills required to succeed in this field, making it an attractive option for those looking to advance their careers or start their own businesses.
Key Characteristics:
  • Professionals looking to upgrade their skills and knowledge in accounting and financial management
  • Individuals seeking to start their own businesses or work in a management accounting role
  • Those interested in pursuing a career in public practice, industry, or academia
  • Entrepreneurs and small business owners looking to improve their financial management skills

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Course content

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Financial Management: This unit covers the principles and practices of financial management, including financial planning, budgeting, and forecasting. It also explores the role of financial management in achieving organizational objectives. •
Financial Reporting: This unit focuses on the preparation and presentation of financial reports, including balance sheets, income statements, and cash flow statements. It also covers the use of financial ratios and other analytical tools. •
Financial Analysis: This unit introduces students to the techniques and tools used in financial analysis, including ratio analysis, trend analysis, and break-even analysis. It also explores the use of financial modeling and forecasting. •
Accounting for Business Decision Making: This unit applies accounting principles to business decision making, including the use of financial ratios, cash flow analysis, and break-even analysis. It also explores the role of accounting in strategic planning. •
International Financial Management: This unit covers the principles and practices of international financial management, including foreign exchange management, transfer pricing, and international financial reporting. •
Financial Planning and Budgeting: This unit focuses on the preparation and implementation of financial plans and budgets, including the use of financial models and forecasting techniques. •
Financial Markets and Institutions: This unit introduces students to the principles and practices of financial markets and institutions, including the role of banks, securities markets, and other financial institutions. •
Corporate Finance: This unit covers the principles and practices of corporate finance, including capital budgeting, dividend policy, and risk management. •
Financial Management in Small and Medium-Sized Enterprises (SMEs): This unit explores the specific challenges and opportunities faced by SMEs in financial management, including access to finance, risk management, and financial planning. •
Financial Management in a Global Context: This unit covers the principles and practices of financial management in a global context, including the impact of globalization, cultural differences, and regulatory requirements.

Assessments

The assessment process primarily relies on the submission of assignments, and it does not involve any written examinations or direct observations.

Entry requirements


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Course fee

The fee for the programme is as follows:

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- * This programme does not have any additional costs.
* The fee is payable in monthly, quarterly, half yearly instalments.
** You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

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Accreditation

Discover further details about the OTHM Level 6 Diploma in Accounting and Financial Management

Why choose LSPM ?

  • ✓ Experience online study like never before with our purpose built smart learning tools which gives you advantage of studying anytime and anywhere.
  • ✓ Flexible fee payment plans: Pay fee in affordable monthly, quarterly or yearly instalments plans.
  • ✓ Fast track mode - get your qualification in just 6 months!
  • ✓ Dedicated Tutor Support via live chat and email.

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The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.

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