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Business Management (Business Management Course)

Level 5 Diploma in Business Management | Endorsed by TQUK | 24/7 Tutor support & Quiz Based Exam included


Inspire London College Ltd

Summary

Price
£12 inc VAT
Study method
Online
Course format What's this?
Reading material - PDF/e-book
Duration
4 weeks · Self-paced
Access to content
12 months
Qualification
No formal qualification
CPD
120 CPD hours / points
Achievement
Certificates
  • Certificate of completion - £42
  • Certificate of completion - £65
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

16 students purchased this course

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Overview

Business Management Course, Endorsed by TQUK, 120 Endorsed Credits, Quiz based assessment (MCQs)

Business Management Course enables you to complete the studies at your own pace and acquire the endorsed Business Management certificate of completion from a reputable awarding body, TQUK.

Business management demands the learner to resolve conflicts between employees and manage the risk. Managing and mitigating the risk is essential as the business depends on these critical aspects. Moreover, business management requires fundamental knowledge of customer services, sales management, employee supervision etc.

Business management course will equip the learner with fundamental skills and knowledge of project management, risk management, marketing etc. A business management course will enhance your confidence by equipping you with more desired skills to manage whatever you are on. Whether you want to manage your venture or sell your services to others, this business management course is especially for you because this will enable you to develop and grow business strategies.

Benefits of Studying Business Management course

The following is included for online study with Inspire London College (ILC)

We proudly provide an inexpensive alternative to traditional classrooms and tutors. Enrol in this course to get access to the following benefits:

Courses / Training that best suit to Work Experience, Knowledge and Skills

  • No deadlines
  • Easy to access
  • Online platform
  • User friendly
  • Tutor support
  • 24/7 access

Self-paced Training/Courses to continue working while studying

  • Learn at your pace
  • Learn at your will
  • Get the promotion
  • Showcase it in your resume
  • Present to the employer

Self-Paced Courses to get free from the deadlines

  • No more deadlines
  • No hurry
  • No, wait
  • Learn in your style
  • Your preference first

Course materials

  • PDFs
  • Quizzes
  • Mock quizzes
  • Word
  • PowerPoint presentations

24/7 access

  • Learn anytime
  • Access anytime
  • From anywhere
  • Any device

One-to-one tutor

  • Inclusive learning
  • Professional tutor
  • Throughout tutor support
  • Very query answered

Achievement

Certificates

Certificate of completion

Digital certificate - £42

Upon successfully passing the course Final Test, Learner needs to pay for CPD Accredited Certificate of Completion either in PDF format or Hardcopy from ILC.

Certificate of completion

Hard copy certificate - £65

Upon successfully passing the course Final Test, Learner needs to pay for CPD Accredited Certificate of Completion either in PDF format or Hardcopy from ILC.

CPD

120 CPD hours / points
Accredited by Step Ahead CPD Qualifications

Course media

Description

Business Management

Business Management | Level 5 Endorsed Diploma by TQUK | Quiz Based Assessment

Level 5 Diploma Business Management is an Endorsed Diploma. To achieve a Level 5 Business Management Diploma learner must have to achieve 12 Unit with 120 Credits.

Upon Completion Learner will get Endorsed Level 5 Diploma Business Management Diploma from awarding organisation Training Qualifications UK (TQUK).

Unit Outline

Unit 1 - The Business Environment

Learning Topics:

  • What is a business?
  • Business Organisation and its types
  • Types of business ownership
  • Difference between private limited and public limited
  • Stalk holders and its types
  • Expectations of various stalk holders
  • What is organisational structure?
  • Common types and Basic dimensions of organisational structure
  • Business Strategies and its mission
  • Business Environment and some relevant factors

Unit 2 - Human Resource Management

Learning Topics:

  • Describe the implications of different aspects of Human Resource Management on their daily responsibilities
  • Define human resources terms and subject matter
  • Recruit, interview, and retain employees more effectively
  • Follow up with new employees in a structured manner
  • Be an advocate for your employees’ health and safety
  • Provide accurate, actionable feedback to employees
  • Act appropriately in situations requiring discipline and termination
  • Evaluate some of the strengths and opportunities for Human Resources in your own workplace
  • Identify three areas for further development within the Human Resources field as part of a personal action plan

Unit 3 - Project Management

Learning Topics:

  • Define projects, project management, and project managers
  • Identify the importance of the PMBOK and PMI
  • Identify the five process groups and ten knowledge areas as defined by the PMI
  • Describe the triple constraint
  • Perform a project needs assessment and write goals, requirements, and deliverables
  • Create key project documents, including the statement of work, project planning worksheet, and project charter
  • Build a project schedule by estimating time, costs, and resources
  • Understand and use the work breakdown structure
  • Create project planning documents, such as a schedule, risk management plan, and communication plan

Unit 4 - Basic Bookkeeping

Learning Topics:

  • Understand basic accounting terminology.
  • Identify the differences between the cash and accrual accounting methods.
  • Keep track of your business by becoming familiar with accounts payable and accounts receivable.
  • Use a journal and general ledger to document business financials.
  • Utilize the balance sheet.
  • Identify different types of financial statements.
  • Uncover the reasons for and actually create a budget.
  • Be familiar with internal and external auditing.

Unit 5 - Archiving and Record Management

Learning Topics:

  • Define records and archives
  • Analyze records in context
  • Classify records
  • Understand different systems
  • Maintain and convert records

Unit 6 - Basics of Marketing

Learning Topics:

  • Define your market.
  • Know the different types of marketing and ways to use them.
  • Learn effective ways of communicating with the customer.
  • Know how to set marketing goals and strategies.
  • Recognize common marketing mistakes and know how to avoid them.

Unit 7 - Team Building and Management

Learning Topics:

  • Setting up your virtual team (I)
  • Communication (II)
  • Building Trust
  • Cultural issues
  • To succeed with a virtual team
  • Dealing with poor team players

Unit 8 - Risk Assessment and Management

Learning Topics:

  • Identify hazards and risks
  • Update control measures
  • Grasp the fundamentals of accident reports
  • Identify risk management techniques
  • Outline a disaster recovery plan
  • Communicate to the organization

Unit 9 - Performance Management

Learning Topics:

  • Identify hazards and risks
  • Update control measures
  • Grasp the fundamentals of accident reports
  • Identify risk management techniques
  • Outline a disaster recovery plan
  • Communicate to the organization

Unit 10 - Sales Fundamentals

Learning Topics:

  • Prepare for a sales opportunity
  • Make an effective pitch
  • Handle objections
  • Seal the deal
  • Follow up on sales
  • Set sales goals
  • Manage sales data
  • Use a prospect board

Unit 11 - Customer Services

Learning Topics:

  • State what customer service means in relation to all your customers, both internal and external
  • Recognize how your attitude affects customer service
  • Identify your customers’ needs
  • Use outstanding customer service to generate return business
  • Build good will through in-person customer service
  • Provide outstanding customer service over the phone
  • Connect with customers through online tools
  • Deal with difficult customers

Unit 12 - Supervising Others

Learning Topics:

  • Define requirements for particular tasks
  • Set expectations for your staff
  • Set SMART goals for yourself
  • Help your staff set SMART goals
  • Assign work and delegate appropriately
  • Provide effective, appropriate feedback to your staff
  • Manage your time more efficiently
  • Help your team resolve conflicts
  • Understand how to manage effectively in particular situations
  • Understand what a new supervisor needs to do to get started on the right path

Course / Training Format

After successful enrolment, the learner will get access to ILC Moodle, where all the study material / Training Manual will be available. Moodle can be accessed 24/7 anywhere, anytime.

Training Manual contains several modules, each having specific knowledge and case study at the end. All the courses material will be in the form of texts (images/illustrations), and there are no video or live lectures during the training course.

The Test (MCQ’s) will be based on modules of the Training Manual.

Course Assessment

After studying through the training manual, Learner will have to attempt the Final Test (online multiple-choice test – 2 attempts), if necessary, may attempt the test third times at no extra cost. Your test will be assessed automatically and straightaway so that you will directly know whether you have been successful or not. The passing score is 80%. You can retake the test in the case of not being successful at the first attempt.

Before attempting your Final Test, you will have the opportunity to test your proficiency with a Mock Test (online multiple-choice test - Unlimited attempts).

All test(s) / Assessment(s) are online and are taken either through or after the course; these are included in the course price.

Course Duration

The minimum time period to complete this training is 4 Weeks. But it is a self-paced course, and the duration of completion depends on the learner’s pace and ability to give time to study.

Learners will have access to their Training via Learning Platform for up to 12 months from the date of enrolment. During this period, flexibility will be given to learners for completing the course at any time.

Course Certification

Upon successfully passing the course, Learner needs to pay for CPD Accredited Certificate of Completion either in PDF format or Hard-copy From ILC or ENDORSED certificate from the Awarding Body TQUK (Hard-copy Only)

CPD Accredited Certificate of Completion (PDF format) = £42

CPD Accredited Certificate of Completion (Hardcopy) = £65 + postage charges £15 = £80

Endorsed Certificate from Awarding Body TQUK (Hardcopy Only) = £119 + postage charges £15

Who is this course for?

Without any prior knowledge of the Business Management, the learners can take this Level 5 Diploma Business Management training course and in addition to this, there are no age restrictions. Thus, anyone who is passionate and ambitious about Business Management can take the course. There are no specific deadlines for admission, and you can enroll anytime on this Business Management course.

Requirements

If you want to polish your skills in field of Business Management then you do not require any additional or prior knowledge of Business Management because this diploma is based on professional Business Management knowledge from field exerts all you need is to have basic knowledge of English language and computer skills to access contents of this course or Business Management diploma and to enroll in this Business Management training you should be age of 16 or above.

No fancy requirements are needed for Business Management diploma by ILC.

Career path

Talking about the career path of learner taking Business Management course, well there are number of roles you can take after learning these valuable skills of Business Management like the learner could able to get role of a team lead and apply the techniques and content taught in this Business Management diploma.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.