is often considered to be on par with a Master's degree?

The Level 7 Diploma in Strategic Management and a UK Master’s degree both sit at RQF Level 7, confirming equivalent academic rigour and strategic depth. However, they differ in awarding bodies and final certification. The Diploma, regulated by Ofqual and awarded by OTHM, provides 120 credits. It does not confer a Master’s title itself but serves as a direct pathway to an MBA top-up. Universities accept these 120 credits towards their final Master’s module, typically requiring a dissertation. Therefore, while the learning outcomes and strategic capability developed are on par with postgraduate study, the Diploma is a distinct vocational qualification. It offers the academic standing of a Master’s without the initial university tuition fees, allowing professionals to validate their strategic management skills before committing to the final university-based dissertation phase for the full MBA award.