OTHM Level 1 Award in Essential Finance

Sunday, 15 February 2026 21:08:05

International Students can apply

Apply Now     Viewbook

OTHM Level 1 Award in Essential Finance

Overview

The OTHM Level 1 Award in Essential Finance is designed for individuals seeking to develop a foundational understanding of financial concepts and principles. This course covers key topics such as budgeting, financial statements, and risk management, making it ideal for beginners in the field of finance. Whether you are a student looking to enhance your knowledge or a professional aiming to upskill, this qualification will provide you with the necessary skills to succeed in the world of finance. Take the first step towards a successful career in finance and enroll in the OTHM Level 1 Award in Essential Finance today!

Embark on your journey to financial literacy with the OTHM Level 1 Award in Essential Finance. This comprehensive course equips you with the fundamental knowledge and skills needed to navigate the world of finance confidently. From understanding financial statements to analyzing investment opportunities, you will gain valuable insights that can be applied in both personal and professional settings. With a focus on practical learning, this course offers hands-on experience that sets you apart in the competitive job market. Whether you are looking to advance your career in finance or simply enhance your financial acumen, this award is the perfect stepping stone towards success. (17)

Entry requirements




International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

• Understanding Financial Documents
• Budgeting and Forecasting
• Financial Analysis
• Risk Management
• Financial Regulations and Ethics
• Investment Appraisal
• Working Capital Management
• Financial Reporting
• Corporate Finance

Assessment

The assessment is done via submission of assignment. There are no written exams.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

6 months: GBP £1250
9 months: GBP £950
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

6 months - GBP £1250

9 months - GBP £950

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

Apply Now

Accreditation

 Awarded by an OfQual regulated awarding body

Apply Now

  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now
    •

Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Career Opportunity Description
Financial Analyst Analyze financial data, create financial models, and provide insights to support decision-making in organizations.
Accounting Clerk Assist with financial record-keeping, prepare financial reports, and support accounting functions within a company.
Finance Assistant Provide administrative support to finance departments, assist with budgeting, and financial reporting tasks.
Investment Analyst Evaluate investment opportunities, conduct market research, and make recommendations for investment strategies.
Financial Planner Help individuals and families create financial plans, set financial goals, and provide advice on investments and savings.

Key facts about OTHM Level 1 Award in Essential Finance

The OTHM Level 1 Award in Essential Finance is designed to provide learners with a fundamental understanding of financial concepts and principles. The course aims to equip individuals with the necessary skills to manage personal finances effectively and make informed financial decisions.
Throughout the program, students will learn about key financial topics such as budgeting, saving, investing, and managing debt. By the end of the course, participants will be able to create a basic financial plan, analyze financial statements, and understand the importance of financial literacy.
The duration of the OTHM Level 1 Award in Essential Finance typically ranges from 3 to 6 months, depending on the mode of study and individual learning pace. The course is delivered through a combination of online lectures, self-study materials, and assessments to ensure a comprehensive learning experience.
This qualification is highly relevant to individuals seeking to enhance their financial literacy skills, whether for personal or professional development. It is particularly beneficial for those working in entry-level finance roles, small business owners, or anyone looking to improve their financial management capabilities. The OTHM Level 1 Award in Essential Finance provides a solid foundation for further studies in finance and related fields.

Why this course?

The OTHM Level 1 Award in Essential Finance holds significant importance in today's market, especially in the UK where financial literacy is crucial for individuals and businesses alike. According to recent statistics, a staggering 49% of UK adults struggle with basic financial calculations, highlighting the urgent need for improved financial education and skills development. This award provides learners with essential knowledge and understanding of key financial concepts, such as budgeting, financial planning, and investment principles. In a rapidly changing economic landscape, where financial decisions can have far-reaching consequences, having a solid foundation in finance is essential for personal and professional success. By completing this qualification, individuals can enhance their employability and career prospects in various industries, including banking, accounting, and financial services. Employers are increasingly seeking candidates with strong financial acumen, making this award a valuable asset for those looking to advance their careers. In conclusion, the OTHM Level 1 Award in Essential Finance is not only a stepping stone towards higher qualifications but also a practical tool for navigating the complexities of today's financial world. Investing in financial education is key to securing a stable financial future and staying competitive in the job market.
Statistic Percentage
UK adults struggling with basic financial calculations 49%

Who should enrol in OTHM Level 1 Award in Essential Finance?

The ideal audience for the OTHM Level 1 Award in Essential Finance is individuals looking to gain a foundational understanding of finance concepts.
This qualification is perfect for students, professionals, or anyone interested in improving their financial literacy.
In the UK, 69% of adults have low financial capability, making this course essential for those seeking to enhance their money management skills.