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BSB50120

Diploma of Business

Study Method Online
Provider Monarch Institute
Recognition Nationally Recognised Training
Start Date Enrol anytime
Monarch Institute

Course overview

With Monarch's Diploma of Business, you can explore new possibilities for your life. The flexible course curriculum can be tailored to suit your goals and dreams, whether that's running your own business, becoming an entrepreneur or furthering your career.

You'll get a practical education, online, with the support of a community of like-minded professionals.

Who's It For?

This diploma could be a good fit for you if you want broad business knowledge instead of training for one specific job. It is suited to those interested in leadership, financial management, project work and risk — whether you're managing a team, running your own operation or moving between industries.

Three specialisations are available if you'd prefer to concentrate on operations, organisational development or digital transformation.

Job outcomes

  • Department Manager
  • Start-up founder
  • Business owner
  • Executive Officer
  • Product Manager

Want to see more job outcomes and how your future could change?

What you'll learn

  • Lead communication in the workplace
  • Manage business resources, budgets and financial plans
  • Manage business risk
  • Lead and manage organisational change
  • Develop critical thinking in others
  • Establish innovative work environments
  • Develop and use emotional intelligence
  • Undertake project work
  • Undertake marketing activities
  • Promote workplace cyber security awareness and best practices

Recognitions

Nationally Recognised Training

This is a nationally approved vocational course that is recognised throughout Australia

Study method

  • Online Online info icon
    Online delivery - online course content with the exception of assessments and work placement
  • Blended Blended info icon
    Blended delivery - both online course content and partial face to face requirements
  • In-class In-class info icon
    In class delivery - predominately face to face course content conducted at a specific location
  • Virtual Virtual info icon
    Virtual Delivery - Live and interactive classroom-style learning conducted completely online

Duration study load

This course is designed to be completed within 12–24 months (up to two years). There is no minimum timeframe; students who are highly motivated and well organised can complete the course at an accelerated pace.

The key factors that influence course completion are a student's experience, time availability, how fast they work and how committed they are.

Delivery

This course is delivered entirely online with absolute flexibility — study on your couch, on public transport, on your break at work, or wherever and whenever you like.

You'll receive:

  • Easy-to-follow course materials
  • Videos and webinars
  • Support from course trainers via phone, email, and Zoom (Monday to Friday, 9am to 5.30pm)
  • A dedicated admin team on hand to guide you
  • Online assessments
  • Access to a student Facebook group to discuss material with other students

Entry requirements

There are no formal prerequisites. The following enrolment process applies:

  • Once your enrolment is received, course consultants will undertake a pre-training review to ensure the training is right for you.
  • It is recommended that you are proficient in the use of computer and web-based technology and applications, and have high-level learning, reading, writing, language, oral communication and numeracy skills.
  • For students without an equal or higher-level qualification, there is a short language, literacy and numeracy quiz to complete online.
  • You should have basic skills and understanding of MS Word and Excel.

Find out more about the entry requirements for this course

Course features

Key features of this course include:

  • Broad skill development — covers critical business competencies including financial management, project planning, team leadership and effective communication
  • Tailored to your business career — flexible and convenient, designed to fit around work, family and personal commitments
  • Nationally recognised under the Australian Qualifications Framework
  • Option to specialise in one of three areas:
    • Diploma of Business (Operations)
    • Diploma of Business (Organisational Development)
    • Diploma of Business (Digital Transformation)

Recognition of prior learning

Recognition of prior learning (RPL) is available. Monarch may be able to take into account relevant knowledge and skills gained through previous formal or informal training, education and employment. Contact a Course Consultant for more information.

Professional Recognition

NRT — This course is nationally recognised under the Australian Qualifications Framework (AQF).

Assessment

Assessment formats include:

  • Case studies
  • Multiple-choice questions
  • Short-answer questions
  • Workplace scenarios
  • Projects
  • Roleplays: video self-recording and upload of the file

Materials

You will need access to the following equipment to successfully complete the course:

  • Working computer with Microsoft Office (2016 or later)
  • Access to the internet
  • Access to a smartphone, video camera or web camera

Subjects

Core Units
BSBXCM501Lead communication in the workplace
BSBCRT511Develop critical thinking in others
BSBSUS511Develop workplace policies and procedures for sustainability
BSBOPS501Manage business resources
BSBFIN501Manage budgets and financial plans
BSBOPS504Manage business risk
BSBPEF502Develop and use emotional intelligence
BSBPMG430Undertake project work
BSBMKG433Undertake marketing activities
BSBLDR601Lead and manage organisational change
BSBXCS402Promote workplace cyber security awareness and best practices
BSBSTR501Establish innovative work environments

Want more information about the subjects for this course?

Payment options

Two payment options are available:

  • Upfront payment (full course fee paid at enrolment)
  • Payment plan (weekly instalment payments)

Find out more about the payment options for this course

About Monarch Institute

Monarch Institute is one of Australia’s leading providers of professional services training. We believe education should be an experience, not a transaction.

Our award-winning, innovative approach to course content and design means that you get relevant, accredited courses with loads of support from experienced trainers who give you the time to ensure you’ve got the skills that the industry needs. Study online today with Monarch and change the way you think about studying.

Study online with Monarch Institute and experience education, reimagined.

Want to know more about this course?
Complete the form and learn about:

  • Pricing and payment options
  • Start dates
  • Subjects
  • Study method
  • How to get help and contact information
  • Everything you need to know before enrolling!

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