The objective of the above qualification is to provide learners with an understanding of accounting and business in the broader business context, and to provide them with the practical, industry-focused skills to manage business finances, budgets and cash flow effectively, and to play a key role in business growth. Learners will build the knowledge and skills required for a career in a wide range of businesses, where accounting and business literacy are key skills for managers at all levels.


OTHM Level 4 Diploma in Accounting and Business (EQF/MQF Level 5) is an Approved Foreign Higher Education Qualification and accredited by OTHM (UK) regulated by Ofqual (Office of Qualifications and Examinations Regulation) and Malta Further and Higher Education Authority (MFHEA), which is recognised for advanced entry into corresponding degree year/top up and Bachelor’s/top-up programmes.

Regulatory Information

Qualification Title OTHM Level 4 Diploma in Accounting and Business
Ofqual Reference Number 610/0792/4
Duration 1 year
Total Credit Value 120 Credits (60 ECTS)
Total Qualification Time (TQT) 1200 Hours
Guided Learning Hours (GLH) 600 Hours
Overall Grading Type Pass / Fail
Assessment Methods Coursework
Language of Assessment English
Structure of Programme Full Time/Part Time
Delivery Mode Campus, Online & Blended


OTHM Level 4 Diploma in Accounting and Business(EQF/MQF Level 5) represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to Higher National Certificates (HNC) and Year 1 of a three-year UK University degree programme.

Course Structure

Unit Ref. No Unit Title RQF/MQF UK Credit/ECTS GLH TQT
H/650/1099 Academic Writing and Research Skills 4/5 20/10 100 200
T/650/1760 Business and the Economic Environment 4/5 20/10 100 200
R/650/1912 Principles of Financial Accounting 4/5 20/10 100 200
M/650/1911 Quantitative Methods in a Business Context 4/5 20/10 100 200
T/650/1148 Leading and Managing Teams 4/5 20/10 100 200
T/650/1148 Management Accounting 4/5 20/10 100 200

Assessment Procedure

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.

Entry Requirements

Candidates must hold/meet one or more of the criteria on the list below:

  • NQF/QCF Level 3 Award or at the level of GCE/GCSE or equivalent.
  • An equivalent professional qualification from a recognised institution.
  • Mature students with a minimum of two years of relevant work experience may be considered.
  • The provider will determine English Language ability if English is not your native language.
  • IELTS 4.5 or equivalent qualification is preferred.
  • This course is designed for learner’s aged 19 and above.


On passing the OTHM Level 4 Diploma in Accounting and Business(EQF/MQF Level 5) learner will be eligible to join OTHM Level 5 Diploma in Accounting and Business Qualification. Learners must pass all units to be eligible to join the Level 5 Diploma.

Term Dates

Jan/Feb, May/June, Sep/Oct

Registration Fee 


Course Fee

Maltese/EU – €3900

Non-EU – €5900

Full Course Details can be found HERE

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