Business, Administration and Finance

Providing a solid grounding in up-to-the-minute business skills, the Diploma in Business, Administration and Finance will enable learners to develop an understanding of what business is all about and how it works in practice. Designed to meet the needs of employers in the private, public and voluntary sectors the Diploma covers major topics including: business enterprise; business administration; personal finance and financial services; customer service; sales; and business communication.

From developing essential life skills such as planning and managing personal finances to generating employment qualities including flexibility, team working, communication and self motivation, the Business, Administration and Finance Diploma is the first step for the business leaders of tomorrow.

Diploma levels

Foundation Diploma (Level 1) - equivalent on average to 5 GCSEs (600 guided learning hours)
Higher Diploma (Level 2) - equivalent on average to 7 GCSEs (800 guided learning hours)
Advanced Diploma (Level 3) - equivalent in terms of UCAS points to 3.5 A levels (1080 guided learning hours)

Diploma components

Principal learning for Business, Administration and Finance
Generic Learning - including Functional Skills, Personal Learning and Thinking Skills (PLTS), Projects and Work Experience.
Additional and Specialist Learning (ASL) - A range of employer endorsed study options allowing students to specialise or take up complementary learning.

Principal Learning

Principal Learning develops the knowledge, understanding and skills specific to each Diplomas relevant industry sector

At Foundation level students will:

explore different types of products and services
know the main administrative roles and processes that support businesses
understand the knowledge and skills needed to manage personal finance and to plan for expenditure
examine different styles of communication
gain high quality customer service by developing and understanding interpersonal skills
be introduced to the process of personal selling including the main techniques and essential skills involved

At Higher level students will:

gain an appreciation of how innovation and creativity benefit business and society
develop and demonstrate communication skills appropriate to the business environment
understand the many important aspects of personal finance and financial services
study marketing and sales in business
explore how business interacts with, and affects, the local, national and global community

At Advanced level students will:

investigate communication theories and practices within the business world
research and make decisions about a range of financial products and services
explore business taxation, costing, budgetary planning and control
understand how businesses use marketing to increase demand for their goods and services
become effective at handling customers in a business environment
explore the concept of corporate social responsibility

Final units

Find out more: Generic Learning; Additional and Specialist Learning (ASL); Assessment

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