Accredited Level 3 Business Studies Diploma Entry Requirement
Entry to this Accredited Level 3 Business Studies Diploma requires that potential students have gained GCSE/IGCSE or equivalent qualifications and have, good English oral, reading and writing skills.
Advice on enrolment and guidance of prior learning (APL) can be obtained through out contact centre. The course is a rolling programme and can be started at any point in the year. Successful students can go on to Higher Education, including remaining as students at OLC to complete courses in our portfolio of higher awards.
All students must be aged 16 or over.
The coursework is assessed through continuous assessment with no formal exit examinations.
Approximately: 200 hours of personal study time for the entire course is recommended. All of which is supported by the OLC Course Tutor, who we greatly encourage students to access support from throughout their course.
This course has been developed by the College’s professional team of tutors to meet the needs of sector based employers and employees. It is also part of the College’s validated level three Diplomas’, recognised internationally, as verified and moderated Centre for Interactive Education (CIE Global). Further details of our accreditations are provided on our website.
Accredited Level 3 Business Studies Diploma Course Length
Accredited Level 3 Business Studies Diploma Course Content
The whole level three diploma has TEN (10) specific units of study, which are sub-divided into topic areas these are:
Accredited Level 3 Business Studies Diploma Unit 1: Starting a Business.
In this unit, students will explore how a business idea grows to being a fully functioning business. The processes involved, the commitment, foresight and hindsight that is, business acumen.
Accredited Level 3 Business Studies Diploma Unit 2: Financial Planning
This unit explores how businesses are financed, the types of capital sources, how forecasting and control sets boundaries, maintaining financial accounts, budgeting and accountability.
Accredited Level 3 Business Studies Diploma Unit 3: Finance
The unit continues to build on the themes of unit two. Once a business is established, what are the key aspects of good financial practice, accounting, income and expenditure, manual or computer controlled, responsibilities. The unit also looks at taxation, VAT and rent/mortgage, banking and much more.
Accredited Level 3 Business Studies Diploma Unit 4: The People in Business
This unit helps the student explore people or personalities in business. It looks at managing human resources, recruitment, accountability, appraisal, training, structures and discipline. Along with other aspects of consideration.
Accredited Level 3 Business Studies Diploma Unit 5: Operational Management
The ‘day to day’ management of a business is its “operation”. How do you move from a product/service provision to the delivery/sale of the unit of production/service? Measure the success/failure of the product/service being presented to the customer/client? This unit explores the importance of crucial administrative management of this process.
Accredited Level 3 Business Studies Diploma Unit 6: Marketing and Competitive Marketing
A business’ ultima goal in a growing diverse economy is to sell/provide its products/services. This unit explores the importance of strong marketing strategy, research and product/service placement. You will look at the Unique Selling Point (USP), but essentially the price of that product/service.
Accredited Level 3 Business Studies Diploma Unit 7: Marketing Strategies and Operational Management
The crucial collaboration between marketing and operational management is the maker or breaker of that business. How ever, large or small a business may be, it is crucial to have clear strategy that brings these two aspects together. This unit explores the importance of this collaborative partnership through good administration.
Accredited Level 3 Business Studies Diploma Unit 8: Human Strategies, Financial Strategies & Managing Accounts
Whatever the size or shape of a business, through its administration the necessity to ensure continuity between the human and physical resources and the financial strategies is crucial. This unit explores the middle ground of business those areas of, accountability, legal, financial and wellbeing.
Accredited Level 3 Business Studies Diploma Unit 9: The Business Environment
This unit explores the very nature of business and its environment. Each business setting will have impact, both internally and externally. These can be large or small depending on the business sector/industry. We explore how, legal, environmental, social, technological and ethical settings impact on successfully managing business.
Accredited Level 3 Business Studies Diploma Unit 10: Managing Change
In this final unit we explore how managing change has become a core focus for all businesses. Change happens, but in business the way change is managed is crucial. We explore the changing nature of business, theories and strategies, that are currently ‘in vogue’ and those that have fallen away. In a 21st century business, we explore why managing change is a continuous discipline for business entrepreneurs in all sectors.
This Accredited Level 3 Business Studies Diploma can be used to gain entry to a Level 4 Diploma or higher.