OTHM Level 5 Diploma in Business Management (120 Credit)

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About Course

Credits Awarding body Course Code Delivery mode
120 OTHM, UK – an Awarding body by the UK Government’s regulator – OfQual. 610/1527/1 Online

Overview

The Level 5 Diploma in Business Management is a comprehensive program that equips students with the knowledge and skills necessary to excel in the dynamic world of business. This course covers a wide range of subjects, including business strategy, marketing, finance, human resources, and operations management. Students will gain a deep understanding of key business principles and develop practical skills that can be applied in various organizational settings. The program focuses on enhancing critical thinking, problem-solving, leadership, and communication abilities. Graduates of the Level 5 Diploma in Business Management are well-prepared to pursue careers in management positions across different industries or to further their education in business-related fields.

Entry requirements

The Learners must possess –

  • Relevant NQF/QCF/RQF Level 4 Award/Diploma or at the level of GCE/GCSE or equivalent qualification
    or
  • Mature learners with management 3 years of work experience in case of no formal qualification
    and
  • Learner must be 18 years or older at the beginning of the course

Units covered

Mandatory Units

  • Human Resource Management (20 Credits)
  • Project Management (20 Credits)
  • Marketing Management and Planning (20 Credits)
  • Financial Accounting (20 Credits)
  • Business Law (20 Credits)
  • Corporate Social Responsibility and Governance (20 Credits)

Payment plans

1. Option 1: (£925.00 +1.5% transaction fee) and get a 5% discount on the total fee when you pay in full.

2. Option 2: (£462.5+1.5% transaction fee) upon enrolment and pay the rest on the next month.

To pay in installments please Contact us.

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Course Content

Unit 1- Principles and Concepts of Strategy
Simply put, strategy is about putting a business in the best place possible to gain competitive advantage in its target market. However, to achieve competitive advantage requires research, analysis, interpretation and strategic decision making. The aim of this unit is to develop learner’s knowledge and skills, so they are in a strong position to contribute to an organisation’s strategy development and implementation.

  • Lecture: 1
    00:00
  • Handbook
    00:00
  • Assignment – 1

Unit 2- The Management of Human Resources
The ability to attract, develop and retain talented employees is a key factor in a business’s success. Human resource management has its focus on supporting and enhancing business success and performance through its strategic vision and operational functions. The aim of this unit is to introduce learners to the key human resource management principles and concepts so they can support a sustainable approach to people management through an understanding of the purpose and scope of the human resource management function.

Unit 3- Marketing for Managers
The aim of this unit is to provide learners with a detailed understanding of the marketing planning process and to apply these principles to a variety of business contexts. The unit also provides a comprehensive understanding of environmental analysis and how this can lead to the development of appropriate objectives and strategies to enhance operational marketing performance.

Unit 4- Business Law for Managers
All businesses and those employed by it must operate within the laws, legislation and regulations of the countries in which it conducts its activities. Some law only applies to specific types of business and their legal structure whereas other laws apply to any business irrespective of their operations and location. The aim of this unit is, therefore, to support a learner’s exploration of laws, legislation and regulations which apply in their home country and to different types of business.

Unit 5- Management Accounting and Decision Making
Management accounting provides business managers with financial information required to achieve business objectives. This requires effective decision making based on the timeliness and accuracy of financial information. The aim of this unit is to provide learners with an awareness of the scope and purpose of management accounting, so they are able to support effective decision making within a business.

Unit 6- Business Start-up; Conception to Market
Many people dream of setting up their own business but are not aware of what is required, what support is available, and what personal qualities are required. The aim of this unit, therefore, is to consolidate previous learning where learners employ the knowledge and skills of disciplines such as marketing and management to produce a viable business plan.

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