Level 4 and 5 Business Management
Duration: 2 years
Program pace: Self-pace
Credits: 240 credits
Location: Fully Online
Tution Fee: 3.000 €
Equivalent to the first two years of BA University
Combined Levels 4 and 5 Diplomas in Business Management at Online Business Academy is an excellent opportunity of getting two courses at a special price. Level 4 Diploma is equal to the first year of a BA University diploma, while Level 5 Diploma is equivalent to the second year. Although we offer these programs as separate qualifications, you can choose a combined program that you will get at a lower price.
The combination of these qualifications can quickly track you to the final year of an associated Undergraduate BA in Business and Management, which you can take at a university on campus or via online learning. The program consists of 20 modules (10 at each Level) and carries 240 credits (120 for each Level). After finalizing these two levels, a student can apply for an exemption from the second year of a university degree course.
Each module consists of approximately 40 guided learning hours of material with an additional 30-50 hours of optional learning material. While studying this program, students will have access to additional materials to help in the completion of their graduate. The program is entirely individual and self-paced, which means that students learn on their own.
These qualifications provide a flexible route for learners who have already achieved management qualifications at a lower level. It is also great for learners who do not have business or management qualifications but may have qualifications in other areas and/or prior management experience.
Age: 19 +
- Prior study in business, the management or related subjects at Level 4 or above Level 4 qualification,for example, a Level 4 Diploma in Business and Administrative Management
- Other equivalent international qualifications
Successful completion of the full Level 5 Diploma in Management and final year of an accredited Undergraduate Degree program gives students the right credentials to apply for a job in marketing, accounting, human resources, management, or business consultancy.
The Level 5 Extended Diploma in Management has ten modules and eight written assignments at each level. Once you complete the modules, you’ll get access to the assignments. The assignments are approximately 3000-5000 words each.
The Assignment unit titles for the level 5 course are:
- Managing Communications
- Business Organisations in a Global Context
- People Management
- Finance for Managers
- Research Project
- Marketing Principles and Practice
- Planning a New Business Venture
- Business Law
- After finalizing an online module, you will have to complete an online assessment. This assessment contains 30 multiple-choice questions. You will have one hour to complete these questions, which are answered in sets of five so you will have plenty of time to review and edit your answers. After an hour, the test will automatically time out.
- You will get the results immediately after you complete the test. If you didn’t pass, you will receive a notification of a “refer,” and you’ll have to retake a module assessment. You can complete these modules at your own pace, as there is no deadline to complete the course.
- Once you complete online modules, you will take the final written assignments that test your knowledge and understanding of the modules.
The Level 5 Diploma in Management is equivalent in level to the second year of a bachelor’s degree and covers the same broad areas of management knowledge, understanding and skills. It therefore provides a natural progression route to a management BA degree program in a higher education institution, where you should be able to claim exemptions for some of the units completed.
You should take the Level 5 Diploma if you:
- are relatively new to management or are seeking an entry role in management
- have already achieved Level 4 qualifications, or completed training at this level in a related area to management or have prior, relevant experience
- want to develop a comprehensive set of knowledge, understanding and skills relating to management
- have sufficient time to achieve a qualification of 120 credits
- are planning to embark on a Management degree course and are looking for a qualification which will be regarded as equivalent to the second year and therefore ‘count towards’ your degree.
Students are required to pay enrollment fees, as the first installment of tuition fees, in advance, and the rest will be divided into equal monthly payments. See the table below for more details.
We accept online payment and wire transfer. The tuition fee covers all our services. We will not impose any additional or hidden expenses on your behalf.
|TUITION FEE PAYMENT OPTIONS - EDUWW ONLINE BUSINESS ACADEMY|
|Program||Tuition Fee||Enrollment fee||Monthly installments||Monthly fee|
|Level 4&5||3,000.00 euros||700 euros||10||230 euros|
The fee for enrolling onto the Level 4 and Level 5 courses together is 3,000.00 €. Alternatively, students can enroll onto a single level (level 4 or 5) for 2,500.00€ each.
Students are required to pay an enrollment fee of 700 € in advance, while the rest of the tuition fee 2,300.00€ can be paid in up to 10 installments, which is 230€ monthly.
The course is Accredited by the ATHE and approved and regulated by OFQUAL.
ATHE Level 5 Extended Diploma in Business and Management
Available to learners
- Lectures 146
- Quizzes 0
- Students 0
- Assessments Yes
LEVEL 4 IN BUSINESS MANAGEMENT - DEVELOPING PERSONAL SKILLS
Developing Personal Skills Develop a range of personal skills vital to the world of business. Concentrating on communication, leadership and decision making techniques.
- Numeracy in business – financial information, stock levels, graphical representation
- The communication cycle and media
- Gathering information – interviews and questionnaires
- Non-verbal behaviour
- Role of managers – Luthan’s activities
- Culture and diversity – Hofstede’s ideas
- Teams and team roles – Belbin, Tuckman
- Creative thinking
Communication is the key to effective operations and working effectively with others. Throughout this module, learners will grasp a range of communication techniques used for a variety of commercial purposes.
THE BUSINESS ENVIRONMENT
Explore issues outside of the business that may affect the business and its operations. Considering economics, international dimensions, nature, and competition.
Exploring and using the marketing mix as part of the business planning process.
This module looks at employees and people as a business’ most asset. Recruit the best, reward the best and retain the best.
Explore the various theories and models of management and their different contexts.
CULTURE AND THE ORGANISATION
What is meant by culture? Why is it important? How does it differ between organizations?
FUNDAMENTALS OF ACCOUNTING
On completion of this module, learners will understand accounts and how they can be used to give insight into the health of the organization.
FINANCIAL MANAGEMENT AND CONTROL
In this module, learners will compare some examples of good and bad financial decision making and the impact on the business.
CUSTOMERS AND CUSTOMER SERVICE
After completing the module, the student should be able to describe the importance of focusing on customer needs and wants when marketing products and services.
- Relationship marketing – scope, development, 7Ps of marketing
- Internal and external customers
- Needs and wants
- Consumer behaviour – decision making, buying situations
- Delighted customers – customer service
- Effectiveness of marketing – brand recognition
- External influences – PESTLE, consumer groups
LEVEL 5 DIPLOMA IN BUSINESS MANAGEMENT - THE ENTREPRENEURIAL MANAGER
What is an Entrepreneur? Examine the skills and qualities of entrepreneurship.
MANAGING IN TODAY’S WORLD
Business in the modern world. This module focuses on governance and equality as a means to do right in business.
- Management, administration and leadership
- Principles of management – Fayol, Moorcroft, Hamel
- Tasks – Drucker, Stewart
- Mintzberg’s roles
- Theories of management – Scientific Management, bureaucracy, Hawthorne experiment
- Systems theory
- Economic influences
- Purpose, power and authority – Friedman, Handy
- Delegation and empowerment
Why are organizations structured in the way they are? What determines the optimum structure and how does it differ between organizations? In this module, learners will look at the numerous models and theories that make up organizational structure.
- Historical development – Scientific Management, Classical Approach, Human Relations Approach, Systems Approach, Contingency Approach
- Organisational structures
- Leadership styles
- Business environment – PESTLE analysis, Porter’s Five Forces
- Influence of business strategy – Porter’s competitive strategies
- Global operations
BUSINESS PLANNING AND GOAL SETTING
What is the business trying to achieve? What will it do? How will it do it? This module focuses on the creation of clear goals and clear plans to achieve a clear objective.
- Stages in business planning
- Vision and mission, goals and objectives
- Creating a business plan
- Scanning the environment – PESTLE analysis, Porter’s Five Forces framework
- Competitive advantage – strategic group analysis
- Market strategy – customer appeals analysis, Ansoff matrix
- Internal strengths – SWOT analysis
- Implementing, monitoring and controlling the plan
POLITICS AND BUSINESS
Impact of politics on business and how it may help or hinder business. This module will educate learners on economic impact, exports, and government support.
- Political influences on the macro-environment – PESTLE framework
- Political influences on the micro-environment – Porter’s Five Forces model
- Role of stakeholders
- Economic policies and government legislation
- International trade – theories of competitive advantage, Ohame, OLI paradigm
- The European Union
Explore the statutory responsibilities of managers as learners consider the legalities of business and business executives.
MARKETING AND SALES PLANNING
Learners will analyze how markets, customers, competitors, and products can come together in a cohesive plan.
- Markets, customers and offerings
- The marketing mix
- The 7Ms of marketing
- Marketing strategies – internal and external markets, environmental analysis
- Porter’s Five Forces framework
- Market positioning and targeting – portfolio analysis, growth and entry strategies
- Marketing plans and sales effectiveness – buying cycle
- Sales management
Understanding how your people and your business can continually improve together, learners will review reward structures, CPD, training and development to ensure high performance in business.
- Performance management cycle
- Appraisal process
- Interviewing skills
- Setting objectives – SMART
- Organisational culture
- Addressing poor performance
- Rewarding performance – performance-related, competence-based, skills-based, contribution-based pay
- Motivation – Maslow, Herzberg, Adams, Vroom, Latham and Locke
- Continuous Professional Development
PRACTICAL ACCOUNTING ANALYSIS
Learners will complete exercises in accounts throughout this module to understand what they are telling us and the actions that analysis can precipitate.
On successful completion of this module, learners will have knowledge of numeric exercises and will understand their use within the context of the business.