are Qualifi Level 5 diploma carries 120 credits and holds academic equivalence to Year 2 of a UK Bachelor's degree or an HND?

No, the Level 5 Diploma in Health and Social Care Management Online (RQF, 120 Credits) is awarded by OTHM, not Qualifi. This specific OTHM qualification carries 120 credits at RQF Level 5 and is regulated by Ofqual. It holds academic equivalence to the second year of a UK Bachelor’s degree or a Higher National Diploma (HND). This equivalence allows graduates to progress directly to Level 6 top-up degrees, such as a BSc (Hons) in Health and Social Care Management. While Qualifi offers similar Level 5 qualifications, they are distinct awards with different unit specifications and accreditation pathways. Always verify the awarding body and Ofqual register entry for your specific qualification.