Level 3 Diploma in Business Innovation and Entrepreneurship

Entrepreneurship and Business Innovation is one the newest and the popular internationally recognised qualification in the UK, accredited to Regulated Qualifications Framework (RQF) Level 3 and European Qualification Framework (EQF) Level 4 and it includes all elements of formal traditional Business Management, Business Studies or Administration qualification. By studying this course, you will be able to become a qualified Entrepreneur to develop new business idea or bring change and innovation in the products, services and processes to gain competitive advantages over your competitors in the local, regional or international market. This qualification will equip students capabilities to solve business problems, improve business communications, develop new business, explore business ideas, drive innovation in existing products and services, manage internal and external business environment, information system, people/HR, and resources of any business in any sector. This course will also prepare for professional managerial and leadership roles in the public or private sector.

By the end of the programme, students will be able to:

• understand innovation management for business development and self-analysis in the context of entrepreneurial career;
• understand the concept of entrepreneurship and its relation to small businesses;
• understand innovation management for business development and self-analysis in the context of entrepreneurial career;
• understand the concept of entrepreneurship and its relation to small businesses;
• identify various theories of entrepreneurship, the value of innovation for business, ethical consideration and issues for communication in the organisation;
• gain skills and knowledge required for effective communications in the organisation;
• develop critical thinking skills for innovative business ideas and evaluate entrepreneurial business idea;
• identify analyse role, nature and characteristics of the entrepreneur in the economy;
• understand the entrepreneurial steps to business planning;
• understand the nature of small and medium enterprises (SME) and their marketing practice;
• develop a marketing strategy for a new business;
• identify an entrepreneurial role in the brand development and market positioning and analyse key issues and challenges faced by an entrepreneur to target a market;
• understand the nature of entrepreneurial finance and basic accounting principles;
• identify nature, purpose and characteristics of financial statement and entrepreneurial finance in decisions making the process.

Start Date: November 2021 / December 2021 / January 2022

This qualification consists of three mandatory units and two optional units that provide for a combined 60 credits. Learners are required to complete all mandatory units and two optional units to achieve the Level 3 Diploma in Business Innovation and Entrepreneurship.

Course structure includes following three mandatory units of total 30 credits

1. Innovation for Business (10 credits)
2. English for Business Communication (10 credits)
3. Thinking Entrepreneurially (10 credits)

Learners will select two units from the following three units to achieve the remaining 30 credits

1. Entrepreneurial Marketing (15 credits)
2. Entrepreneurship and Entrepreneurial Business Planning (15 credits)
3. Entrepreneurial Finance and Accounting (15 credits)

Assessment

Learners are required to develop an assignment for each unit of minimum 1000 words in length. In total, you will be required to submit five assignments.

Note - Assessment Fees

Learners will pay Assessment cost £360 the beginning of the course that will cover awarding body registration, assessment of five units, marking, feedback and certification.

This fee is payable at the beginning of the course to ensure the quality. You will also have an option to pay £60/month for six months

This qualification is useful for individuals from all over the world who are already on job (for personal and professional development), managers and leaders to become qualified and successful entrepreneur or for individual who would like to gain skills to develop a new business idea and to manage the whole business, or for individual who are re-entering employment after a period of absence and for those who are seeking a career change.

This qualification is suitable for learners who would like to get admission to any relevant Bachelor degree in the same discipline by any UK University.

This qualification is open to all learners without any restrictions. Any one with the previous level qualification or experience can join this course.

The users of this qualification will be able to progress into a variety of careers including:

• Entrepreneur, Business Owner
• Manager, Leader or Supervisor
• Administration Officer/Administrator
• Senior Administration Officer
• BA (Hons) degree

Graduates can have their own business in a variety of sectors i.e. Marketing, Finance, Insurance Services, Energy, Manufacturing, and Retails etc.