OTHM Level 1 Award in Understanding Essential Finance

Saturday, 14 February 2026 08:54:30

International Students can apply

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OTHM Level 1 Award in Understanding Essential Finance

Overview

The OTHM Level 1 Award in Understanding Essential Finance is designed for individuals seeking to develop a foundational understanding of finance concepts.

This course covers key topics such as budgeting, financial statements, and basic financial calculations.

Whether you are a student looking to enhance your knowledge or a professional aiming to improve your financial literacy, this qualification will provide you with the essential skills needed to succeed in the world of finance.


Take the first step towards mastering finance by enrolling in the OTHM Level 1 Award today!

Unlock your potential with the OTHM Level 1 Award in Understanding Essential Finance. This comprehensive course provides a solid foundation in financial principles, equipping you with the knowledge and skills to excel in various industries. Gain a deep understanding of financial terminology, budgeting techniques, and financial statements analysis. Enhance your career prospects with this globally recognized qualification, opening doors to roles in accounting, banking, and financial management. Stand out in the competitive job market with a certificate that showcases your expertise in finance. Enroll today and take the first step towards a successful career in finance. (15)

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

• Introduction to finance
• Understanding financial statements
• Budgeting and forecasting
• Cash flow management
• Financial analysis
• Risk management
• Investment appraisal
• Sources of finance
• Financial regulations and ethics
• Financial decision-making

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

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  • 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
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Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Financial Analyst Analyzes financial data to provide insights for decision-making and forecasting.
Accounting Clerk Assists with financial record-keeping and processing transactions.
Budget Analyst Develops and monitors budgets to ensure financial stability and efficiency.
Financial Planner Helps individuals and organizations create financial plans for their future goals.
Tax Consultant Provides advice on tax planning and compliance to individuals and businesses.

Key facts about OTHM Level 1 Award in Understanding Essential Finance

The OTHM Level 1 Award in Understanding Essential Finance is designed to provide learners with a foundational understanding of key financial concepts and principles. The course aims to equip individuals with the necessary knowledge and skills to manage personal finances effectively and make informed financial decisions.
Throughout the program, students will explore topics such as budgeting, financial planning, banking services, and investment options. By the end of the course, learners will be able to analyze financial statements, understand basic financial calculations, and evaluate different financial products and services.
The duration of the OTHM Level 1 Award in Understanding Essential Finance typically ranges from 1 to 3 months, depending on the mode of study and individual learning pace. The course is delivered through a combination of lectures, workshops, and practical exercises to enhance understanding and application of financial concepts.
This qualification is highly relevant to individuals seeking to enhance their financial literacy and improve their financial management skills. It is particularly beneficial for professionals working in finance-related roles, entrepreneurs, students, and anyone looking to gain a solid foundation in essential finance principles. The OTHM Level 1 Award in Understanding Essential Finance can also serve as a stepping stone for further studies in finance or related fields.

Why this course?

The OTHM Level 1 Award in Understanding 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 pressing need for improved financial education. This qualification equips learners with essential knowledge and skills in finance, covering topics such as budgeting, financial planning, and understanding financial statements. In a rapidly changing economic landscape, where financial decisions can make or break businesses, having a solid foundation in finance is invaluable. By obtaining the OTHM Level 1 Award, individuals can enhance their employability and career prospects in various industries that require financial acumen. Employers are increasingly seeking candidates with a strong understanding of finance to drive business growth and make informed decisions. In conclusion, the OTHM Level 1 Award in Understanding Essential Finance is a valuable asset in today's market, providing learners with the necessary tools to navigate the complexities of finance and contribute effectively to the success of their organizations.

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

The ideal audience for the OTHM Level 1 Award in Understanding 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 wanting to enhance their money management skills.