Level 5 Diploma in Business Management
Duration: 10 months
Program pace: Self-pace
Credits: 120 credits
Location: Fully Online
Tution Fee: 2.500 €
Equivalent to 2nd year of BA University
The Online Business Academy Level 5 Diploma in Business Management is the same as the second year of university studies in Management. This course can quickly track students 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. This course consists of 10 Level 5 modules and carries 120 credits. When a student finalizes Level 5, they 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 various study resources and 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.
Entry CriteriaThese 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 + Entry profile:
- 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
Career PathSuccessful 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.
- 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.
- 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.
|TUITION FEE PAYMENT OPTIONS - EDUWW ONLINE BUSINESS ACADEMY|
|Program||Tuition Fee||Enrollment fee||Monthly installments||Monthly fee|
|Level 5||2.500 euros||700 euros||10||180 euros|
The course is Accredited by the ATHE and approved and regulated by OFQUAL.
- Lectures 76
- Quizzes 0
- Students 0
- Assessments Yes
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.