OTHM L5 Diploma in Business Management (MQF Level 5)
OTHM Level 5, MQF Level 5
The objective of the OTHM Level 5 Diploma in Business Management qualification is to provide learners with an excellent foundation for a career in a range of organisations. It is designed to ensure that each learner is ‘business ready’: a confident, independent thinker with a detailed knowledge of business and management and equipped with the skills to adapt rapidly to change. The content of the qualification is focused on human resource management, marketing, management accounting, business law, and business principles and strategy. Learners will also integrate their knowledge and skills from these disciplines and gain knowledge about how to start a business and produce a viable business plan.
For more info visit: https://othm.org.uk/qualification/othm-level-5-diploma-in-business-management
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| Venue: ThinkTalent Training Room, ThinkTalent Offices, Mriehel |
| Language: English |
| Duration: 1 year |
| Hours of Total Learning: OTHM L5 Diploma in Business Management: 600 hrs GLH and 1200 hrs TQT GLH = Guided Learning Hours TQT = Total Qualification Time |
| Entry Requirements: At least one of the following: • Relevant Level 4 Diploma or equivalent qualification • GCE Advanced level in 3 subjects or equivalent qualification • Mature learners (over 21) with relevant management experience (learners must check with ThinkTalent 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. Minimum Age: 21+ |
| Mode of Attendance: Part-time |
| Mode of Delivery: Face-to-face |
| Assessment Methods: Coursework, Presentations |
| Grading System: Each unit within an OTHM qualification is assessed on a pass/fail basis. Learners need to achieve a passing grade in all required units to be awarded the overall qualification. |
| Pass Mark: Not Applicable |
| Funding Options: Three Malta funding routes can cover most of your course. MySkills Scheme (cash grant reimbursement, individuals) — employed participants claim back up to 80% and unemployed up to 100%, paid as a cash reimbursement on completion, max €5,000 per application. Get Qualified Scheme (tax credit, individuals) — employed, self-employed and business owners recover up to 70% of eligible training costs as a personal tax credit, max €10,000 per application. Investing in Skills / IIS (tax credit, employers) — Malta-registered employers recover up to 70% of eligible training costs for their staff as a tax credit. Not sure which scheme fits you? Contact us — we will tell you exactly what you qualify for. |
| Non EU Rate: €6,500 |
Learning Outcomes
Unit 1: Principles and Concepts of Strategy
- Understand the principles of business strategy.
- Understand key business strategy theories and concepts.
- Be able to measure a business’s micro and macro environments.
- Understand a business’s strategic options.
Unit 2: The Management of Human Resources
- Know about the purpose and objectives of human resource management.
- Understand the functions of human resource management.
- Know how internal and external factors impact the human resource management function.
- Understand how a business uses its human resource management function.
Unit 3: Marketing for Managers
- Understand the context and concept of marketing.
- Understand the functions of marketing.
- Know how internal and external factors impact the marketing function.
- Understand how a business uses its marketing function.
Unit 4: Business Law for Managers
- Know about generic business law.
- Know about legal and justice systems in context.
- Know about key business-related laws.
- Know how laws impact on businesses.
Unit 5: Management Accounting and Decision Making
- Know about management accounting and decision making.
- Know about technical procedures used in management accounting.
- Be able to use management accounting to solve problems and inform decision-making.
Unit 6: Business Start-up; Conception to Market
- Know the fundamental requirements for starting a new business.
- Know sources of support available to new businesses.
- Be able to create a business plan for a new business to gain stakeholder support.
Target Group / Audience
The qualification is ideal for those who have started, or are planning to move into, a career in private or public sector business. Successful completion of the Level 5 Diploma in Business Management qualification will provide learners with the opportunity to progress to further study or employment.
Minimum Age: 18+
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