Level 5 Diploma in Business Management has been created to develop and reward the business managers of today and the future, and to continue to bring recognition and professionalism to the management sectors. Learners will gain insight into the functioning, objectives and processes of organisations, appreciating their diversity and the influences and impact of external forces on them. The fast-changing and complex business environment and different organisation’s ability to stay resilient and respond positively to change and opportunities will be explored. Management of a range of business operations and functions, the management of specific challenges for organisations will introduce Learners to management theory, practice and models that will provide valuable knowledge and know-how. The rationale of the programmes is to provide a career path for learners who wish to develop their management capabilities within the business sector. Level 5 Diploma in Business Management is an international recognised qualification accredited by Ofqual - UK Qualifications and Examination Regulator onto UK Qualifications Framework at Level 5, Equivalent to BA degree and also accredited onto European Qualifications Framework at Level 6.
The Qualifications will develop the Learner’s ability to:
- apply analytical and evaluative techniques and to enhance those skills;
- investigate issues and opportunities;
- develop their awareness and appreciation of managerial, organisational and environmental issues;
- use management techniques and practices in imaginative ways;
- make use of relevant information from different sources;
- develop and encourage problem-solving and creativity to tackle problems and challenges;
- exercise judgement, own and take responsibility for decisions and actions; and
- develop the ability to recognise and reflect on personal learning and improve their personal, social and other transferable skills.
Start Date: January 2019
Level 5 Diploma in Business Management is 240 credits qualifications, accredited to UK RQF at Level 5. You will study following 12 units to achieve 120 credits at Level 4 and 120 credits at Level 5.
Unit 01: Communication in an Organisation
The module aims to develop the learner’s awareness of organisational, personal, team and external communications. Communication practices, systems, styles and tools are explored and how they support individual and group’s commitment to organisations and their objectives.
Unit 02: Leadership and the Organisation
Through a study of leadership styles, current theory and models learners will be gain an appreciation of leadership skills and their importance at all levels in organisations and for specific purposes.
Unit 03: Financial Awareness
The overriding aim of the module is to provide the learner with the necessary knowledge to be able to critically evaluate the financial systems, processes and procedures in their own organisations. Learners will gain understanding of accounting conventions, appreciate measurement for efficiency, profitability and solvency, and the different demands made by different stakeholders. Learners will gain understanding of financial commentary.
Unit 04: Managing Change
The aim of this model is to introduce different models and practices of change management. The model further aims to help Learners to develop an understanding of the issues and practices involved in the management of change and those activities that contribute to positive organisational change. Learners are encouraged to develop and use their problem solving skills.
Unit 05: Business Operations
This module aims to enable learners to develop an understanding of the issues relating to the management of activities with a particular focus on problem solving. The module provides a basis for understanding how different organisations are structured and controlled, and the importance of business goals and objectives. The workings and operations of the organisation are examined and Learners are required to develop and deliver operational plans.
Unit 06: Developing Teams
The module focuses on building, developing and supporting teams to enable them to achieve their goals and objectives. Learners will identify the skills and potential of teams and individuals. Opportunities for teams to develop, gaining new skills and experiences and ways to evaluate and improve their performance are important to the module too.
After completion of above units, you can exist with Level 4 Diploma in Business Management or continue your studies to achieve the following units.
Unit 07: Responding to the Changing Business Environment
The aim of the module is to introduce the learner to a number of dynamic factors that affect how an organisation operates and the change in management that is required. By understanding how relationships between public and private sector organisations are affected by socio-economic factors the learner will be better placed to manage that relationship.
Unit 08: Effective Decision Making
The module aims to equip the learner with the means to manage the process of decision-making rather than the outcome or decision itself. By recognising methods of decision taking, the learner can stress the need for greater participation of stakeholders to ensure pro-activity and innovation.
Unit 09: Business Development
The aim of this module is to provide the Learner with the knowledge and skills to research a market and plan a development strategy such as the launch of a new business model, new enterprise, product or service line. Learners will need to fully develop and pitch their business development strategy
Unit 10: Business Models and Growing Organisations
To introduce the concept of working for and managing creatively within a smaller growth organisation. This module examines how the small business grows, reasons for success and how best to manage available growth options. This will give the learner a greater understanding of fast growth organisations in both private and social sectors of the economy. Learners will develop skills to support their ability to understand business strategy and development with an emphasis on business growth.
Unit 11: Customer Management
The aim of the module is to provide Learners with understanding and insight into customer behaviour. It will develop skills and Learners will use tools and practices an organisation can use to retain and improve customer retention and relationships.
Unit 12: Risk Management and Organisations
This module will involve the Learner developing risk profiles and identifying risk management strategies for selected case studies. These will be available on-line as used as a means to illustrate the different ways organisations approach change. The course material will be closely linked with creativity and innovation.
You will write 12 assignments to complete 12 units. There are no examinations in this course. We will provide you a Virtual Learning Platform to upload your assignments for the assessor to mark and to provide you feedback.
Our Virtual Learning Platform will be available to you study 24/7. You can use your Desktop Computer, Laptop, Mobile or Tablet anytime in a flexible way to study entirely online. You will get full support from the school including study materials, IT facility and tutor guidance.
Results and Certificate
Learners must complete 12 units successfully and achieve 240 credits before the qualification certificate and final transcript will be issued by the awarding body.
You can complete the course in minimum 12 months or maximum in 24 months.
Qualification Accreditation and Equivalence to UK University BA
Level 5 Diploma in Business Management (240 credits) is accredited to UK Regulated Qualification Framework at at Level 5 which is equivalent to Framework of Higher Education Qualifications (FHEQ) Level 5 - UK University Bachelor foundation degree & Higher National Diplomas (HND) awarded by degree-awarding bodies in England, Wales and Northern Ireland under licence from Pearson.
Note - Assessment Fees
- Learners will pay £1300 (240 credits) either full with 15% discounts or in 10 monthly instalments of £130/month, No resit/re-submission cost.
- Learners will start the course on January 2019.
Who is this course for?
This course is suitable to
- Candidates who are looking to study cost effective further and higher education qualification in Administration, Business Management and Leadership; OR
- Candidates who are on job and would like a qualification for their personal and professional development; OR
- Candidates who are willing to complete a Bachelor degree with Honour with the UK University with this cost effective route to study 240 credits Level 5 Diploma in Business Management. You will get direct entry to the University Final year. OR
- Candidates who are re-entering employment after a period of absence and for those who are seeking a career change or would like to learn and achieve a formal Business Management qualification.
Most of our courses don’t have entry requirements.
However, we prefer learners to
- have a computer/Laptop or an equivalent device with word/excel and a good internet speed and
- Know basic English - if you do not hold any English Qualification, you can take our English Language course and
- Have any qualification at Level 3 (or equivalent) - if you do not hold any previous level qualification, we can offer you our Level 3 Certificate in Management and Leadership (Free of Cost) to develop your business and management skills alongside this main course. OR
- hold some work experience in business, law, management or leadership.
Qualification holders can have careers as Finance Managers, Marketing/Sales/Business Relationship Manager, Risk Manager or Strategy Analysts and so on...
We will also make successful students admission to the following Universities BA/BSC (Hons) Final Year/Top Up programme
- De Montfort
- New Bucks
- University of Northampton
- Anglia Ruskin University
- University of Lincoln
- University of Bolton
Questions and answers
No questions or answers found containing ''.
After completing this course can I use the 240 creditpoints accumulated to take a level 6 course and get a degree, or do I have to go to a university?
Yes, you will be able to progress to De Mont Fort University BA (Hons) Final Year, Anglia Ruskin, Lincoln and many other Universities. OR you can simply progress to our Level 6 Diploma in Business Administration with progression to MSC or MBA.This was helpful. Thank you for your feedback.
Can I pay the full price of the course monthly? Thank you
Hi, we normally accept students on monthly instalments. If you purchase the course from Reed then you can pay assessment fee in monthly instalments.This was helpful. Thank you for your feedback.
I want to achieve a firm formal qualification. I appreciate the level 3 and going onto this one doing both 4 & 5 too
Do you have Level 3 or equivalent qualification? If not then you can take our foundation Level 3 short course we can offer free if you would like to signup/enrol for this 240 credits Level 5 Diploma in Business Management (including Level 4). That is a strong academic qualification.This was helpful. Thank you for your feedback.
Do I still need to pay an assessment fee to get a certificate at the end of this course though it says this is an assignments based course?
Dear Grace, Assessment fee is payable in advance with 15% discounts or in 10 monthly instalments. We do not accept the assessment fee at the end of the course. As per regulated/accredited course regulations in England, we have to register you with the accreditation body at the beginning of the course, pay & assign assessors to you to provide timely feedback and results on your assignments.This was helpful. Thank you for your feedback.
How much would it cost for exams and assessments please if I was to purchase this course?
Learners will pay £1300 assessment fee (240 credits) either full or in 10 monthly instalments of £130/monthThis was helpful. Thank you for your feedback.
Where can i send the transcription of my studies to be recognized ?
At reed, this option is not available to exchange documents.This was helpful. Thank you for your feedback.
If i have 120 credits at level 5 in education. Will I have to study only one stage for this course?
RPL - Recognition of Prior Learning is only available if there is a similar qualification in the subject. We need to see your transcript for confirmation.This was helpful. Thank you for your feedback.
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