Course at a glance

The Accredited Level 2 Business Studies Diploma course introduces students to new ideas and concepts within business while continuing to use and reinforce previously learned concepts and skills from the world in general. The course is designed to give students a sound understanding of business and the ability to use knowledge, skills and understanding appropriately in the context of international markets and the United Kingdom (UK).

While studying the course the student gets to develop an interest in, and enjoyment of, business subjects that will be useful throughout life. Learning relevant terminology, concepts and methods effectively allowing them to recognise the strengths and limitations of the ideas used.

This course assists students to achieve the knowledge, skills and understanding to apply their learning to real business examples, be aware of current issues which affect businesses, focus on current business practice, understand the importance of seeing business issues and situations through different perspectives.

The course is a year in length and divided into 2 units of study. At the end of each unit there is an associated TMA (Tutor Marked Assessment) which students are required to complete and submit. The course is formally assessed by an average grade being attained from the 2 submitted Assessments.

Accredited Level 2 Business Studies Diploma Entry Requirements

Basic English reading and writing skills, as full tutor support is given.

All students must be 16 years of age or above.

Study Hours

Approximately 160 hours.

Accredited Level 2 Business Studies Diploma Course Duration

1 Year.


You can enrol on the course at any time.

Awarding Body

AccordAI/Accord Certified

Quality Licence Scheme

Assessment Method

Two tutor marked assignments; one assignment after each unit.

Accredited Level 2 Business Studies Diploma Course Content

Accredited Level 2 Business Studies Diploma Unit 1: Personnel and Finance 

Module 1 – Business Activity and the Changing Environment

This unit will consider the objectives of businesses, the changing environment and the criteria for judging success. The focus is on the importance of having clear business objectives and how the
business environment, provides opportunities for, and imposes constraints on, the pursuit of those objectives.
Subjects covered: business objectives; different types of organisations; factors of production; primary, secondary and tertiary activities; location; government influences; external influences and judging success.

Module 2 – Human Resources (Personnel)

This unit will consider people within organisations focusing on their roles, relationships and management in business.
Subjects covered: internal organisation; communication; recruitment & selection; training and motivation & rewards.

Module 3 – Accounting and Finance

This unit will explore the use of accounting and financial information as an aid to decision making.
Subjects covered: external & internal sources of finance; Budgets & cash flow forecasts; Cost & break-even analysis; Financial statements Ratios & performance (students will not be required to construct accounts for this unit – although some formulae in the examination will be required, which will be provided for that examination section)

Accredited Level 2 Business Studies Diploma Unit 2: Promotion and Production

Module 4 – Marketing

This unit focuses on identifying and satisfying customer needs in a changing and competitive international environment.
Subjects covered: the market; the marketing mix and market research.

Module 5 – Production

This unit examines the way organisations use and manage resources to produce goods and services.
Subjects covered: Economies & diseconomies of scale; methods of production; productivity and quality assurance.
Each unit will have appropriate ‘case studies’ ‘summaries’, ‘keywords features’ and also some ‘examination tips’.


This Accredited Level 2 Business Studies Diploma can be used in preparation for progressing to higher level study in relevant business subjects (for example Accredited Level 3 Diplomas) or as a vehicle for career development or to fulfil entry requirements to education courses.