LCFP

OTHM Level 5 Extended Diploma in Business Management

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Description

OTHM Level 5 Extended Diploma in Business Management

COURSE LEVEL COURSE TYPE AWARDING BODY DURATION STUDY METHOD CERTIFICATE Assessment Method
Level 5 Ext Endorsed Course OTHM 2 Year Online Self-Paced Available to Purchase Separately All units within this qualification are internally assessed by the centre and externally verified by OTHM

Overview of Level 5 Extended Diploma in Business Management

The objective of the OTHM Level 5 Extended Diploma in Business Management is to provide learners with in-depth knowledge. Specifically, this program focuses on key aspects within the business sector.

Learners will study Level 4 and 5 units. Each academic year is worth 120 credits, ultimately totaling 240 credits. This is equivalent to the first two years of an honors degree. Moreover, all units are mandatory.

In addition, Level 4 units lay the foundation by introducing contemporary business topics. These units not only combine theoretical and practical knowledge but also develop and enhance skills in academic research, business operations, finance, and accounting.

Furthermore, learners will improve communication, leadership, and teamwork skills. Subsequently, Level 5 units offer opportunities to apply key skills in various occupational areas. The program, therefore, engages learners with challenges faced by managers and professionals in their respective countries.

As a result, learners will further develop skills in business strategy, human resources, marketing, and business law. They will also gain knowledge in management accounting and decision-making. Moreover, learners will understand the requirements for starting a new business.

Successful completion of this qualification, therefore, equips learners with specialist skills. They will also gain the technical terminology needed to develop business and management skills. Finally, this qualification allows progression to further study or employment.

Course Outline

The OTHM Level 5 Extended Diploma in Business Management qualification consists of 12 mandatory units, 240 credits, 2400 hours Total Qualification Time (TQT) and the recommended Guided Learning Hours (GLH) for this qualification is a minimum of 1200 hours.

To achieve the OTHM Level 5 Extended Diploma in Business Management, learners must achieve 240 credits, of which 120 credits are at Level 4 (6 units) and 120 credits are at Level 5 (6 units).

Mandatory units 

  • Level 4: 6 Mandatory units
  • Academic Writing and Research Skills (20 credits)
  • Business Operations (20 credits)
  • Communication in Business (20 credits)
  • Finance and Accounting (20 credits)
  • Leading and Managing Teams (20 credits)
  • Operating in a Global Context (20 credits)
  • Level 5: 6 Mandatory units
  • Principals and Concepts of Strategy (20 credits)
  • The Management of Human Resources (20 credits)
  • Marketing for Managers (20 credits)
  • Business Law for Managers (20 credits)
  • Management Accounting for Decision Making (20 credits)
  • Business Start-up; Conception to Market (20 credits) 

Requirements Level 5 Extended Diploma in Business Management

These qualifications are designed for learners who are typically aged 18 and above.

The entry profile for learners is likely to include at least one of the following:

  • Relevant Level 3 Diploma qualification or equivalent qualification
  • GCE Advanced level in 2 subjects or equivalent qualification
  • Mature learners (over 21) with relevant management experience (learners must check with the delivery centre regarding this experience prior to registering for the programme)

English requirements: If a learner is not from a majority English-speaking country, they must provide evidence of English language competency. For more information visit the English Language Expectations page.

Level 5 Extended Diploma in Business Management for?

The objective of the OTHM Level 5 Extended Diploma in Business Management qualification is to provide learners with a specialist work-related Programme of study that provides a depth of knowledge and understanding of key aspects within the business sector.

Learners will study level 4 and 5 units, worth 120 credits per academic year with a total credit value of 240 credits (equivalent to the first 2 years of an honors degree). All units are mandatory.

The Level 4 units lay the foundations of learning by providing an introduction to contemporary Business topics.

The units combine both theoretical and practical knowledge in the profession and will develop and enhance knowledge and skills in the areas of academic and research skills, business and global operations, finance and accounting, communication, leadership and team working.

The Level 5 units give learners the opportunities to apply key skills and techniques in a variety of relevant occupational areas. The Programme of study provides learners with an opportunity to engage with the challenges facing managers, professionals and policy makers in their own country. Learners will develop and enhance knowledge and skills in the areas of business strategy, human resources, marketing, business law, management accounting and decision making and understand the requirements for staring a new business.

Successful completion of this qualification will equip learners with the specialist skills and technical terminology to develop their business and management skills and to progress to further study or employment.

Assessment

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.

Accreditation

London College for Professionals Offers Endorsed Courses by OTHM UK and under OTHM Endorsed Provision.

OTHM Endorsed Provision

London College for Professionals has designed and developed its courses under the guidance and supervision by OTHM to ensure that its courses meet the high standards quality criteria.

About OTHM

UK based Awarding Organisation regulated by Ofqual (Office of the Qualifications and Examinations Regulation). We have a network of numerous delivery centres globally to deliver our qualifications. OTHM has established strong academic relationships in the UK and overseas to ensure that OTHM qualifications are recognized globally.

The local and international recognition has enabled OTHM graduates to enhance their employability skills as well as allowing them to join degree and/or Master top-up programmes.

Certification

Upon successfully passing the course, the learner must pay for a Certificate of Completion from LCFP (either in PDF format or Hardcopy) or an Endorsed Diploma from OTHM (Hardcopy).

 

Additional information

Assessment Method

Internal assessment by the LCFP and external verification by OTHM

Awarding Body

OTHM

Certificate

E-Certificate, Hard Copy is Available to Purchase Separately

Course Level

Course Type

Duration

2 Years

Study Method

Online Self-Paced

Query Form

Query Form

FAQ

Yes, you have a Cooling-Off Period of 14 days from the course start date to cancel your enrollment and receive a refund, subject to a cancellation fee of £150. Please notify the College’s finance team via email at info@lcfp.org.uk within this period to initiate the refund process.

If you’re unable to make a payment on the agreed date, you should promptly inform the College’s finance team in writing via email, detailing the reasons for the delay and requesting an extension. Failure to do so may result in additional charges, including late payment fees of £50 after 30 days from the original due date, and potential interest. It’s essential to keep communication open to avoid any penalties.

The College reserves the right to make changes to courses, including content, instructors, and schedules, or to cancel them entirely. In such cases, we will make reasonable efforts to inform affected students and provide suitable alternatives. If you have any concerns or questions about changes to your course, please reach out to us via email at info@lcfp.org.uk for assistance.

If you’re inactive for a prolonged period, meaning you’re not engaging in course activities such as logging into the learning portal, attending scheduled classes, or submitting assignments, LCFP will send you reminders to encourage your participation. If you fail to respond to three reminders, you may be withdrawn from the course. It’s essential to stay engaged and communicate with us if you encounter any difficulties during your studies.

If you’re struggling academically, LCFP is here to support you. Upon failing an assignment, you’ll receive detailed feedback to help you improve. However, if you fail the same assignment twice, you’ll receive a formal warning about potential withdrawal from the course. Continued poor academic performance despite the warning may lead to withdrawal. We encourage you to take advantage of our support services and communicate any challenges you face during your studies.

Unfortunately, students who are withdrawn from the course due to inactivity or poor academic performance are not eligible for a refund. It’s important to maintain engagement and academic progress to avoid withdrawal. If you’re withdrawn and wish to re-enroll, you’ll need to meet specific criteria, and there will be a re-enrolment fee of £250.

If your first submission doesn’t meet all the assessment criteria, you’ll receive a grade of “refer” along with detailed feedback from your tutor/assessor. The feedback will highlight areas where your work fell short and provide guidance for improvement. You’ll then have the opportunity to revise your work and resubmit it within a designated time frame, typically two weeks.

Yes, under certain conditions, you may be eligible for a further resubmission opportunity. Your tutor may approve a third attempt if they believe it aligns with your academic development. However, there are considerations such as maintaining academic integrity and potential additional fees for the assessment of the second resubmission. It’s important to engage with the feedback provided and seek support if needed to improve your work.

If you fail to meet the passing grade after all permitted resubmissions, you’ll be considered to have failed the unit. In such cases, you’ll have the option to retake the unit in the following semester. This involves re-enrolling for the unit at the prevailing fee and completing all assessments afresh, regardless of previous attempts. It’s essential to make use of available support services and focus on improvement throughout your studies.

Yes, you have the right to cancel your acceptance at any point before the course commencement in accordance with LCFP’s Fee & Refund Policy. Please ensure your refund request aligns with the policy guidelines for a smooth cancellation process.

You may request a change to your initially selected course once, provided you haven’t accessed or commenced the course. Approval for such changes depends on meeting the specific criteria of the new course and is at LCFP’s discretion. Please submit all related requests formally to admissions@lcfp.org.uk for consideration.

It’s essential to complete your course within the allocated timeframe (18 months for Level 3 courses, 24 months for Levels 4 to 7). Failure to do so necessitates re-enrollment, which incurs a fee of £250, subject to approval. Make sure to manage your time effectively to meet these deadlines and avoid additional costs.

Plagiarism involves using someone else’s ideas, words, or work without proper acknowledgment. To avoid plagiarism, ensure that you always attribute sources correctly using the Harvard referencing style. This means providing in-text citations for direct quotes or paraphrased ideas and including a reference list at the end of your work. It’s crucial to distinguish between your own thoughts and those of others and to always credit external sources appropriately.

While some level of similarity is expected, especially when using common terminology or quoting from academic sources, excessive similarity may indicate potential plagiarism. Your assignment will be reviewed using text comparison software like Turnitin and Copy Catch, which checks for similarities with internet sources and previous student submissions. If concerns arise, you may receive academic writing support to improve your referencing and citation skills. In more serious cases, you may be referred to the Academic Conduct Officer for further investigation and disciplinary action if necessary.

LCFP provides detailed guidance on referencing and avoiding plagiarism in the LCFP Guide to the Harvard Referencing Style. Additionally, module-specific guidelines and feedback from tutors can help you understand academic conventions and improve your referencing skills. Remember, mastering proper citation and referencing is essential for academic success and integrity, so don’t hesitate to seek support and feedback as you develop your academic writing skills.