The objective of the Level 3 Diploma in Business Studies qualification is to provide learners with an in depth understanding of the operations and structure of businesses. Successful completion of this qualification will equip learners with the underpinning knowledge and skills required to succeed in employment or further studies.
The Level 3 Diploma in Business Studies qualification can be offered to learners from age 16.
Course fee – £2500
Qualification at RQF Level 3 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to GCE AS/A Levels.
The Level 3 Diploma in Business Studies qualification consists of 4 mandatory units plus 2 optional units for a combined total of 60 credits, 600 hours Total Qualification Time (TQT) and 360 Guided Learning Hours (GLH) for the completed qualification.
-> Introduction to Research and Academic Skills (10 credits): provides learners with a grounding in the key research and academic skills required for successful study at this level and subsequent employment and/or further study
-> Using IT for Business (10 credits): familiarises learners with the use, application and development of core IT skills, including preparation for presentations, and formats for business writing such as a report.
–> Introduction to Economics and Accounting (10 credits): provides learners with an understanding of the basic principles of economics and accounting in a business environment. Learners will also develop an understanding of the content of basic financial statements and the principles of recording financial transactions.
–> Introduction to the Business Environment (10 credits): enables learners to understand different types of businesses, their functions and structures, as well as an introduction to basic marketing principles. They will be required to explore the micro and macro business environment, understand the concept of quality and carry out basic business analyses.
Optional units: Choose any two
-> Introduction to Customer Service (10 credits): develops learners’ understanding of the principles that apply to customer service delivery in organisations across different sectors. Learners will understand how to propose and implement improvements to customer service.
-> Managing Business Events (10 credits) develops learners’ understanding of the principles that apply to the planning and management of events in a range of business sectors. It explores reasons why businesses hold events and why these have become more prominent in recent years
–> Introduction to Marketing (10 credits): develops learners’ understanding of the principles that apply to marketing in a business environment, including marketing models, sales principles, and marketing planning.
–> Introduction to People Management (10 credits): develops learners’ understanding of the principles that apply to the management of people in a range of business sectors. It also introduces concepts such as reward, motivation and leadership.
Duration and delivery
The qualification is designed to be delivered over 6 months for full-time study but it is also flexible in its delivery in order to accommodate part-time and distance learning.
The qualification is delivered face-to-face, through lectures, tutorials, seminars, distance, online by approved centres only.
Assessment and verification
All units within this qualification are internally assessed by the centre and externally verified by OTHM. The qualifications are criterion referenced, based on the achievement of all the specified learning outcomes.
To achieve a ‘pass’ for a unit, learners must provide evidence to demonstrate that they have fulfilled all the learning outcomes and meet the standards specified by all assessment criteria. Judgement that the learners have successfully fulfilled the assessment criteria is made by the Assessor.
The Assessor should provide an audit trail showing how the judgement of the learners’ overall achievement has been arrived at.
Successful completion of the Level 3 Diploma in Business Studies qualification enables learners’ direct entry into Year 1 of a three-year UK Bachelor’s degree or pursue Level 4 Diplomas. As this qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), many universities acknowledge the ability of learners after studying Level 3 Diploma in Business