OTHM Level 7 Diploma in Accounting and Finance
-
Title of Course
OTHM Level 7 Diploma in Accounting and Finance
-
Objective
The objective of the OTHM Level 7 Diploma in Accounting and Finance qualification is to provide learners with an understanding of:
- Contemporary and specialized approaches to accountancy and finance
- Key practical, theoretical and empirical issues, and academic research
- The complexity of the ever-changing legal framework in which the financial sector operates
- The latest developments in accountancy and reporting required by local, national and European government.
This qualification is designed for learners who wish to pursue a career in the financial services industry, professional accountancy, banking and finance or management. The qualification equips learners with the essential skills and knowledge needed to pursue high level careers in all types of organisations in the public and private sector and within industry and commerce, both in the UK and abroad.
Module Synopses:
-
Investment Analysis
The aim of this unit is to develop learners’ understanding of investment theories and market equilibrium models, and includes the requirement to perform bond valuations and evaluate current investment performance. On successful completion of this unit, learners will be equipped with the skills to critically assess the cause and effect of developments on the world’s capital market. Learners will be able to make effective recommendations for future investments.
Learning Outcome:
The learner will
- Understand different types of securities
- Understand the regulation of security trading and new issues in world markets
- Be able to apply principles of investment theory, securities and market analysis
- Understand the principles of taxation
- Understand the laws and regulations controlling the financial services industry
- Be able to plan, manage and assess client portfolios
-
Corporate Reporting
The aim of this unit is to develop learners’ ability to prepare and interpret financial statements for a range of business organisations. Learners will be able to apply relevant accounting concepts and principles. The unit provides an opportunity for learners to enhance their quantitative and qualitative analytical skills through the interpretation of financial data.
Learning Outcomes:
- Understand the accounting and finance regulatory framework
- Understanding accounting concepts, principles and theories.
- Be able to prepare and interpret accounting information.
- Be able to review specific policies, practices and regulations within corporate accounting.
-
Global Finance and Strategy
The aim of this unit is to develop learners’ understanding of the types of decisions that need to be taken when entering global markets. Learners will gain an understanding of why independence in solving financial issues within a specific period of time is vital for business success.
Learning Outcomes:
- Understand the concept of globalisation
- Understand the impact of the global business environment on national and multinational business organisations.
- Be able to construct strategies that will result in the enhancement of organisational value.
- Be able to evaluate the financial consequences of strategic decisions.
- Understand appropriate sources of finance.
- Be able to assess techniques to manage global risk.
- Be able to assess potential investment decisions and global strategies.
-
Strategic Financial Management
The aim of this unit is to develop learners’ understanding of planning and managing the use of an organisation’s financial resources. Learners will understand the importance of attaining business objectives and maximizing shareholder return. Learners will gain a working knowledge of business strategy design and the production of comprehensive business plans.
Learning Outcomes:
- Understand the significance of strategic management and decision making to the performance of a business organisation.
- Understand key financial theories.
- Be able to apply stakeholder analysis and corporate valuation techniques.
- Understand the role of culture in strategic decision making.
- Understand performance measurement systems.
-
Strategic Audit
The aim of this unit is to develop learners’ understanding of how managers can position and execute business strategy appropriately. This will involve an in-depth study of the strategic auditing process and related procedures. Learners will be able to understand and apply suitable investigative techniques to both positive and negative environments.
Learning Outcomes:
- Understand historic and current auditing processes and procedures.
- Understand the importance of legal and professional requirements when completing an audit
- Understand audit strategy.
- Understand the risk involved in the audit process.
- Understand current developments in auditing.
-
Business Research Methods
The aim of this unit is to develop learners’ understanding of research principles including the formulation of research proposals, literature reviews, referencing, data collection using interviews and surveys, questionnaire design, statistical analysing using SPSS, qualitative data, and methods for drawing conclusions from the analysed data
Learning Outcomes:
- Be able to identify research problems and formulate research objectives.
- Understand how to review the literature on a research topic.
- Be able to design appropriate business research methodologies
- Be able to develop a research proposal.
Enrolment Requirements
Course entry requirement(s)
Age: 25 years of age an above
Language:
Applicants are required to possess one of the following:
- GCE O’ Level Pass in English and above
- IELTS 5.5 and above; OR
- Bizchamp Internal Placement test with minimum 50% achievement of the test
Academic:
- Honours degree in related subject OR
- UK Level 6 diploma or equivalent overseas qualification OR
- An equivalent overseas qualification of Bachelor Degree in any field
Work experience: N.A.
Course Entry requirement (Mature Candidates)
Age: 30 years of age an above
Language:
Applicants are required to possess one of the following:
- GCE O’ Level Pass in English and above
- IELTS 5.5 and above; OR
- Bizchamp Internal Placement test with minimum 50% achievement of the test
Academic:
- Diploma in any field OR GCE O’Level
Work experience:
- Mature learners (more than 8 years) with management experience
Scope of Study
Principles, theories, cases studies, research work
Mode of Learning
Part time basis
Delivery Mode
Hybrid
Commencement Dates/Intakes
January, May, September
Course Duration:
8 months
Class Period:
2 sessions per week x 2 hours per session
Contact hours: 120 hours
Type of Assessments:
Assignment: 100%
Course Fee:
S$16,800.00
Qualification Awarded:
OTHM, UK
Graduation Requirements:
Achieved a ‘Passed’ for all units
Teacher to Student Ratio:
1:43