Business Management level 4/5

Take your career to the next level with RAI Academy’s Level 4/5 Diploma in Business Management. Our extensive 240-credit program is strategically crafted to provide you with the necessary skills to advance swiftly to the concluding year of an associated undergraduate degree in business and management. Whether you choose to pursue your degree on a UK university campus or through a distance learning format, we’ll equip you with the knowledge you need to succeed in the world of business. Enroll now and start your journey to success.

• Start date: Anytime
• Location: Online
• Study pace: Flexible, you have up to 5 years to complete this course
• Qualifications: Level 4 Qualifi diploma (120 credits) Level 5 Qualifi diploma (120 credits) or Level 4 & 5 Qualifi diploma (240 credits)
• Assessment: Online written assignments
• Ofqual Link: Level 4 Diploma in Business Management – 601/6048/2
• Ofqual Link: Level 5 Diploma in Business Management – 601/6049/4

Course Modules

The Level 4 diploma in Business Management has 10 modules:

1. Developing Personal Skills: Develop essential personal skills for business, including communication, leadership, and decision-making.
2. Effective Communication: Learn various communication techniques used in business settings.
3. The Business Environment: Explore external factors that affect businesses, such as economics, international dimensions, nature, and competition.
4. The Marketing Mix: Understand and apply the marketing mix in business planning.
5. Strategic HRM: Manage employees as a valuable business asset through recruitment, rewards, and retention strategies.
6. Managing Ethically: Explore different management theories and models and their ethical implications.
7. Culture and the Organization: Understand the concept of organizational culture and its importance.
8. Customers and Customer Service: Recognize the importance of customers and provide excellent customer service.
9. Fundamentals of Accounting: Understand accounts and their use in assessing organizational health.
10. Financial Management and Control: Compare and contrast good and bad financial decision-making and their impact on the business.

The Level 5 diploma in Business Management has 10 modules:

1. The Entrepreneurial Manager: Explore the characteristics and skills of entrepreneurs, including innovation, risk-taking, leadership, and problem-solving.
2. Organisational Structures: Understand the factors that influence organisational structure, such as size, industry, culture, and strategy.
3. Practical Accounting Analysis: Analyse accounts to gain insights into financial performance, identify trends, and inform decision-making.
4. Business Planning and Goal Setting: Develop clear goals and objectives for a business, create a strategic plan, and allocate resources effectively.
5. Politics and Business: Explore the impact of political factors on business, including government policies, regulations, and economic conditions.
6. Business Law: Understand the legal responsibilities of managers, including employment law, contract law, and corporate governance.
7. Managing in Today’s World: Explore modern business practices, such as sustainability, corporate social responsibility, and ethical leadership.
8. Performance Management: Improve employee and business performance through strategies such as performance reviews, goal setting, and training and development.
9. Marketing and Sales Planning: Develop a comprehensive marketing and sales plan, including market research, target market identification, product positioning, and sales strategies.
10. Quantitative Skills: Acquire knowledge of numeric exercises and their application in business, including financial analysis, data analysis, and statistical modelling.

Assignment Unit Titles:

The assignment unit titles for the Level 4 course are:

1. Managing change
2. Communication in an organisation
3. Business operations
4. Leadership and the organisation
5. Developing teams
6. Financial awareness

More information about the level 4 units can be found here: https://qualifi.net/qualifi-level-4-diploma-in-business-management/

The assignment unit titles for the Level 5 course are:

1. Business development
2. Business models and growing organisations
3. Customer management
4. Responding to the changing business environment
5. Risk management and organisations
6. Effective decision making

More information about the level 5 units can be found here https://qualifi.net/qualifi-level-5-diploma-in-business-management/