Extended Diploma in Business Management (Level 5)
Level 4 Diploma in Business Management - 8 -10 Months - 120 Credits
The Undergraduate Level 4 Diploma in Business Management is a 120 credit course designed to fast-track students to the final year of an associated Undergraduate BA (Hons) in Business Management, which can either be completed on campus or via distance learning. The course is made up of 6 units of Level 4 modules (120 credits) and will offer an exemption from year 1 of a Bachelors degree.
Course Details
Each module consists of 40 guided learning hours of material with an additional 30-50 hours worth of optional materials which comprise of recommended exercises, recommended readings and internet resources. Within the modules are self-testing exercises. You must take care in answering these. Although they are not marked nor do they count towards your final assessment, the marking is tested against your scoring on the final assessment to check for consistency of score.
The modules are written against prescribed learning outcomes defined by the Qualifications and Credit Framework (QCF) administered by Ofqual, the Government appointed regulator. In addition, the learning outcomes are articulated against the MSBM Awarding Bodies curriculum who is a recognised awarding body monitored and assessed by QAA, the Quality Assurance Agency, the Government appointed quality assurance body.
Successful completion of the full Level 4 Extended Diploma in Business Management will give students the right credentials to go on and apply for a job in marketing, accounting, human resources, management or business consultancy.
Accreditation
All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to
MSBM accreditation in about us for more details.
Entry Requirements
For entry into Level 4 or 5 Diploma in Business Management, learners must possess the following:
* Relevant/Local Board of Examination Result in your Country, which must include at least 5 'C' Grades in English and 4 other subjects.
* Mock Examination Result can also be accepted for initial Conditional Admission, pending the release of the Board of Examination Result. (This is assessed on a case by case basis)
* Learner must be 18 years or older at the start of the Course.
OR
* Mature Learners (21 years or older) with work experience in supervisory, leadership or management roles. (This is assessed on a case by case basis).
Course Modules
This module provides the most critical information about the study course and assignment submission.
The accounting module provides an essential foundation in the principles and practices of financial reporting and analysis. It begins with an introduction to key concepts such as Generally Accepted Accounting Principles (GAAP) and double-entry bookkeeping, emphasizing the fundamental accounting equation: Assets = Liabilities + Equity. Students learn to prepare and interpret the three primary financial statements: the income statement, balance sheet, and cash flow statement. These documents are crucial for assessing a company’s financial health and performance. The module also covers transaction recording through journals and ledgers, ensuring accurate financial reporting via adjusting entries and trial balances. Financial analysis techniques, including ratio analysis and trend analysis, are explored to evaluate business performance effectively. Additionally, budgeting and forecasting skills are developed, teaching students to create operating and capital budgets and perform variance analysis. Finally, the module addresses the importance of ethics in accounting, highlighting the accountant's role in maintaining integrity and transparency. Overall, this module equips students with the necessary tools to understand and apply accounting concepts in various business contexts, laying the groundwork for careers in finance and accounting.
The microeconomics module focuses on the decision-making processes of individuals and firms regarding resource allocation. It begins with foundational concepts like supply and demand, illustrating how market forces determine prices and quantities. Students delve into various market structures, including perfect competition, monopolies, and oligopolies, examining their implications for efficiency and consumer welfare. The module also covers elasticity, consumer behavior, and the role of government in addressing market failures. Through real-world case studies, students develop critical analytical skills, enabling them to understand and apply microeconomic principles in everyday contexts.
The Principles of Management module provides a comprehensive overview of essential management theories and practices. It covers foundational concepts such as planning, organizing, leading, and controlling, which are crucial for effective management. Students explore various management styles and approaches, including strategic management, human resource management, and operational management. The module emphasizes the importance of communication, teamwork, and decision-making within organizations. Through case studies and practical applications, students develop critical skills to address real-world challenges, preparing them for leadership roles in diverse business environments.
The Business Mathematics module equips students with essential mathematical skills applicable in real-world business scenarios. It covers key topics such as financial calculations, including interest, annuities, and amortization, alongside statistical concepts like averages, percentages, and probability. Students learn to analyze data, make informed decisions, and solve practical problems related to budgeting, forecasting, and pricing strategies. By applying mathematical principles to business contexts, the module enhances analytical skills and prepares students for challenges in finance, marketing, and operations management.
The Principles of Marketing module provides a foundational understanding of marketing concepts and strategies essential for business success. It covers key topics such as market research, consumer behavior, segmentation, targeting, and positioning. Students learn to develop effective marketing strategies by analyzing the marketing mix—product, price, place, and promotion. The module emphasizes the importance of branding and digital marketing in today’s landscape, incorporating case studies and real-world examples. By the end, students are equipped with the skills to create and implement marketing plans that resonate with target audiences and drive business growth.
The Financial Accounting module introduces students to the principles and practices of financial reporting and analysis. It covers essential topics such as the accounting cycle, preparation of financial statements, and the importance of Generally Accepted Accounting Principles (GAAP). Students learn to interpret income statements, balance sheets, and cash flow statements, gaining insights into a company’s financial health. The module emphasizes the role of financial accounting in decision-making and includes practical applications, such as analyzing financial ratios and understanding regulatory requirements, preparing students for careers in finance and accounting.
The Legal & Political Environment in Business module examines the impact of legal and political frameworks on business operations. It covers key topics such as contract law, corporate governance, employment law, and regulatory compliance, highlighting the legal responsibilities businesses face. Students explore how government policies and political stability influence economic conditions and business strategies. The module also discusses ethical considerations and the role of social responsibility in business practices. Through case studies and current events, students develop a comprehensive understanding of how legal and political factors shape the business landscape.
The Human Resources Management module provides a comprehensive overview of HR functions essential for organizational success. It covers key topics such as recruitment, selection, training, performance management, and employee relations. Students learn about the strategic role of HR in aligning workforce capabilities with business goals, as well as the importance of diversity and inclusion in the workplace. The module emphasizes legal compliance and ethical considerations in HR practices. Through case studies and practical exercises, students develop skills in talent management and conflict resolution, preparing them for effective HR roles in various industries.
The English Language Skills I module focuses on developing essential language proficiency for academic and professional contexts. It emphasizes reading, writing, listening, and speaking skills, enabling students to communicate effectively in diverse situations. The module covers grammar, vocabulary, and pronunciation, along with techniques for effective reading comprehension and essay writing. Students engage in discussions and presentations to enhance their verbal communication abilities. Through interactive activities and assessments, the module aims to build confidence and fluency, preparing students for further academic studies and career opportunities.
The Self-Management module is designed to equip students with essential skills for personal and professional development. It focuses on key concepts such as time management, goal setting, stress management, and effective decision-making. Students learn to identify their strengths and weaknesses, develop self-discipline, and enhance productivity through practical techniques. The module encourages reflection on personal values and motivation, fostering a growth mindset. Through interactive activities and self-assessments, students gain the tools needed to navigate challenges and achieve their aspirations, both academically and in their future careers.
The Financial Accounting module provides students with a thorough understanding of the principles and practices essential for accurate financial reporting. It covers the accounting cycle, from transaction recording to the preparation of key financial statements: the income statement, balance sheet, and cash flow statement. Emphasizing Generally Accepted Accounting Principles (GAAP), the module teaches students how to analyze financial data and assess a company’s financial health. Through practical exercises and case studies, students develop critical skills for careers in finance and accounting, preparing them to make informed business decisions.
The Legal & Political Environment in Business module explores how legal frameworks and political dynamics influence business operations. It covers essential topics such as contract law, regulatory compliance, corporate governance, and employment law, emphasizing the legal obligations businesses must meet. Students analyze the impact of government policies, political stability, and ethical considerations on business practices. Through case studies and discussions on current events, the module helps students understand the complex interplay between law, politics, and business, preparing them for strategic decision-making in a global context.
The aim of this unit is to provide learners with a broad understanding of the roles and requirements for businesses to embed ethics and incorporate social responsibility. It provides learners with an understanding of the issues surrounding corporate social responsibility and ethics from national and international perspectives.
The aim of this unit is to develop learners’ understanding of the concepts and principles of UK business law and the ability to apply them to practical situations.
The aim of this unit is to introduce learners to Human Resource theory and skills that underpin Human Resource Management (HRM) practices through a range of case studies.
The aim of this unit is to develop learners’ understanding and skills relating to the project management principles, methodologies, tools and techniques that are used in business.
The aim of this unit is to provide learners with a detailed understanding of the marketing planning process and to apply these principles to a variety of business contexts. The unit also provides a comprehensive understanding of environmental analysis and how this can lead to the development of appropriate objectives and strategies to enhance operational marketing performance.
Workshops
Workshops are conducted by live webinars for online students.
Classroom workshops are available if there is a local branch in your country. Speak our course advisors on this subject.
Visa Requirements
There is no Visa requirement for this programme.