Diploma of Business
This qualification equips students with critical skills in management, marketing, finance, and operations. Through a blend of practical and theoretical learning, this course prepares you for diverse business roles, empowering you to lead effectively, manage projects, and drive success in various industries.
Employer Demand
Businesses increasingly seek professionals with formal business qualifications, with 65% of employers preferring candidates with a business diploma for managerial and administrative roles.
Start a Business
Many graduates use their skills to start their own businesses, with a notable success rate in establishing and growing small enterprises.
Industry Versatility
Business skills are highly valued in multiple sectors, including finance, healthcare, technology, and retail, offering diverse career opportunities.
Diploma of Business
BSB50120
Have a positive impact on your community
Enhance your earning potential and excel in a field with numerous career opportunities. Gain the practical and professional skills necessary for lasting success in the dynamic world of business.
Our nationally accredited BSB50120 Diploma of Business is perfect for those aiming to advance their careers in business management. The business sector is continually growing, requiring skilled professionals to lead and innovate. Prepare to enter a versatile and rewarding industry, with the ability to specialize in various areas and drive organisational success today.
Skills you will learn
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Design and implement comprehensive workplace policies that focus on sustainability and long-term growth;
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Improve workplace communication by leading with clarity and ensuring effective information exchange;
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Oversee budgeting and financial planning, equipping you with the skills to manage an organisation’s financial health;
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Promote awareness of cyber security threats and implement best practices to protect workplace information;
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Efficiently manage and optimize business resources to improve productivity and operational efficiency;
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Develop and manage efficient administrative processes to streamline business operations;
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Identify, assess, and manage potential business risks to ensure continuity and minimize disruptions.
Overview
Growth in employment prospects
There are approximately 40,000 job openings annually for business professionals, driven by workforce turnover and business expansion.
Common Job Outcomes
- Executive Officer
- Business Development Manager
- Project Consultant
- Office Manager
- Business Sales Team Leader
- Corporate Services Manager
- Team Leader
- Project Co-ordinator
- Administration Manager
- Customer Service Manager
Course Information
What You'll Learn
In the Diploma of Business (BSB50120), you will learn a comprehensive range of business skills and knowledge essential for success in various business environments. The course covers project management, teaching you how to plan, execute, and oversee projects effectively.
You’ll gain insights into marketing strategies, enabling you to develop and implement marketing plans to drive business growth. The curriculum includes human resources management, where you’ll learn to manage recruitment, staff development, and workplace relations. Financial management is another critical area, providing you with the skills to create budgets, manage finances, and make informed financial decisions.
You’ll also explore business operations, learning how to streamline processes and improve efficiency. Additionally, the course emphasises leadership and management skills, preparing you to lead teams, make strategic decisions, and enhance organisational performance. The blend of theoretical knowledge and practical applications ensures that you are well-equipped to tackle real-world business challenges and excel in your career.
Units of Study
In the Diploma of Business (BSB50120), you will gain skills and knowledge through the following core and elective units:
Core Units:
- BSBCRT511 - Develop critical thinking in others: Cultivate and enhance critical thinking skills within your team.
- BSBSUS511 - Develop workplace policies and procedures for sustainability: Create and implement sustainable workplace policies and procedures.
- BSBCMM511 - Lead communication in the workplace: Improve and lead effective workplace communication.
- BSBFIN501 - Manage budgets and financial plans: Oversee financial planning and budgeting processes.
- BSBOPS501 - Manage business resources: Optimise the use and management of business resources.
- BSBXCS402 - Promote workplace cyber security awareness and best practices: Ensure cyber security awareness and implement best practices.
Elective Units:
- BSBOPS503 - Develop administrative systems: Streamline business operations through effective administrative systems.
- BSBHRM525 - Manage recruitment and onboarding: Attract, recruit, and integrate new employees efficiently.
- BSBPMG430 - Undertake project work: Manage projects from initiation to successful completion.
- BSBOPS504 - Manage business risk: Identify, assess, and mitigate business risks.
- BSBTWK301 - Use inclusive work practices: Promote and implement inclusive practices in the workplace.
- BSBOPS502 - Manage business operational plans: Develop and execute strategic operational plans.
Career Pathways
Completing the Diploma of Business (BSB50120) opens up various rewarding career pathways, including:
- Business Manager: Oversee operations, develop strategies, and ensure business goals are met.
- Project Coordinator: Plan, execute, and monitor projects to ensure they are completed on time and within budget.
- Human Resources Manager: Manage recruitment, onboarding, and employee development to build a strong workforce.
- Operations Manager: Streamline processes, manage resources, and improve overall efficiency within an organization.
- Marketing Manager: Develop and implement marketing strategies to promote products and services effectively.
- Administrative Manager: Establish and oversee administrative systems to support business operations.
- Financial Planner: Create and manage financial plans, budgets, and forecasts to support business decision-making.
- Risk Manager: Identify potential risks and develop strategies to mitigate them, ensuring business continuity.
- Customer Service Manager: Enhance customer service practices, manage client relations, and improve customer satisfaction.
- Entrepreneur: Use business management skills to start and grow your own business.
These roles span various industries, offering diverse opportunities to apply your business skills and knowledge effectively.
Entry Requirements
Age
Minimum Age 18 Years old
Education & Experience
One of the following:
- Year 12 or equivalent
- Mature aged student with 2 years’ work experience
- Completion of a Certificate III or higher qualification
English
An upper-intermediate level of English is required.
Student Evidence
Evidence of any of the below:
- Australian citizenship;
- Permanent Australian residency; or
- Temporary Australian residency with a valid visa, other than the student visa, to study and work in Australia.
Students will be required to provide a Unique Student Identifier (USI) which is a reference number that creates an online record of a student’s training and qualifications attained in Australia.
Language, Literacy, Numeracy
Language, Literacy and Numeracy (LLN) test is required prior to enrolment where;
- the highest AQF qualification achieved is Certificate IV;
- student is mature aged with no prior formal learning;
- student is new to workforce (recent high school graduate)
- student is an International student (new enrolment)
LLN Test is not required where student provides evidence of completion of an AQF Diploma or higher qualification.
Fees & Payment Options
Assessment Methods
Ready to Enrol? Apply Now!
You can apply online now simply by clicking below. Its a simple 3 step process that helps us understand your suitability for the course.
Flexible, Online, Supported and Recognised Courses
Our online courses are designed to provide the highest quality education with the flexibility to fit into your busy life. Here’s why our online courses are the best choice for your professional development:
Flexible Learning
Study at your own pace and on your own schedule, allowing you to balance your education with work, family, and other commitments.
Interactive and Engaging
Our courses feature interactive content, live sessions, and collaborative projects to ensure you stay engaged and connected with your peers and instructors.
Accredited Programs
Our nationally recognised courses meet rigorous standards, ensuring you receive a high-quality education that is respected by employers.
Comprehensive Support
Benefit from personalised support services, including academic advising, technical assistance, and career guidance, to help you every step of the way.
Practical Skills
Gain hands-on experience through practical assessments and real-world projects that prepare you for success in your chosen field.
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