Advanced Diploma in Management
Business, Commerce and Management Studies - Generic Management
Purpose and Rationale
Purpose: The purpose of this Advanced Diploma in Management is twofold:
- To prepare learners for Postgraduate study.
- To develop learners into fully competent organizational leaders and managers within and across the core functions of an organization.
This is achieved through:
- Developing an ethical consciousness.
- Deepening knowledge and understanding of theories, methodologies, and practices in selected management-related functional areas.
- Integrating knowledge of selected functional areas.
- Developing competencies to identify, analyze, critically reflect on, and address complex problems in identified functional areas.
Rationale: This vocational Advanced Diploma in Management:
- Provides graduates with knowledge and experience in management to improve their human capital and employability.
- Builds on fundamental principles, concepts, and methods learned in the Diploma in Management and related diplomas.
- Broadens knowledge scope and deepens understanding of specialization areas, preparing graduates for postgraduate studies.
- Provides insights into the world of work through work-integrated learning.
- Emphasizes effective corporate governance, transparency, and ethics in management.
- Addresses global business engagement, competitiveness, and collaborative work requirements.
- Responds to the need for qualifications that enable effective work across business sectors and integrating information technologies coherently.
Areas of Focus: The Advanced Diploma in Management covers:
- Strategic management; global strategic management; change management.
- Leadership; organizational behavior; corporate governance and compliance.
- Trends and theories in financial markets; cash flow management; debtors and creditors.
- Operations management referencing business systems.
- Qualitative and quantitative corporate research for postgraduate study preparation.
- Investment analysis.
Areas of Operation: Qualifying learners can work as:
- Junior Managers
- Team Leaders
- Financial Administrators
- Business Analysts
- Investment Administrators
Impact: The advancement of research capacity in this diploma, particularly related to the management sector and national industrial plans, will benefit employers and employees in the knowledge economy. This qualification aims to meet the high level of theoretical engagement and intellectual independence required for progression to Postgraduate level studies as per the HEQSF (2013).
Outcomes
- Interpret and prepare financial statements and draw relevant conclusions for investment purposes.
- Analyse and predict future financial trends using statistical methods.
- Apply principles of business operations in driving the overall business strategy.
- Demonstrate principles of good ethics and governance within a management environment.
- Apply appropriate problem-solving techniques to unfamiliar situations within the work environment.
- Demonstrate an ability to deconstruct data for organisational research use by applying research skills and methods within the management context.
- Demonstrate the ability to think strategically in a changing global environment.
- Apply leadership skills horizontally and vertically within the organisational environment.
- Apply knowledge to manage business processes by leveraging the people and technology to meet the changing needs of the business environment.
Assessment Criteria
Associated Assessment Criteria for Exit Level Outcome 1:
- Analyse and critically evaluate financial statements of any organisation.
- Make investment decisions based on financial statement analysis.
- Decide on short and long-term budgets and display an understanding of financial management.
- Consider implications of bond evaluations and shares.
- Make long-term decisions on project feasibility using investment techniques.
- Estimate project cash flow, business risks, and suitability for investment portfolio.
Associated Assessment Criteria for Exit Level Outcome 2:
- Analyse industry prospects in relation to the economy.
- Interpret financial statements to determine fair share price value.
- Improve risk-return trade-off by security selection and market timing.
- Evaluate portfolio performance.
- Use technical analysis in stock pricing.
Associated Assessment Criteria for Exit Level Outcome 3:
- Define and develop products and services through operations management.
- Solve inventory problems and develop inventory management models.
- Apply lean management techniques to eliminate waste.
- Use supply chain management to explain supply chain importance.
- Manage suppliers with effective sourcing strategies.
- Solve business constraints using theory of constraints.
- Optimise productivity with process analysis tools.
Associated Assessment Criteria for Exit Level Outcome 4:
- Display open, moral, humane mentality to handle ethical challenges with integrity.
- Establish methods for implementing corporate ethical policy.
- Develop ethically sound strategies for organisational culture and environmental sustainability.
Associated Assessment Criteria for Exit Level Outcome 5:
- Display confidence in approaching real-world problems.
- Demonstrate problem analysis and solution formulation skills.
- Transfer problem-solving techniques across domains.
- Reflect on problem-solving processes.
Associated Assessment Criteria for Exit Level Outcome 6:
- Identify and describe researchable problems in management.
- Develop well-formed arguments using appropriate discourse.
- Act ethically and professionally in decision-making.
- Justify decisions with ethical values.
Associated Assessment Criteria for Exit Level Outcome 7:
- Develop strategic plans integrating environmental research findings.
- Implement decisions in a theoretically sound manner.
- Apply innovative solutions when necessary.
Associated Assessment Criteria for Exit Level Outcome 8:
- Act ethically and professionally in business settings.
- Translate learning into improved business performance.
Associated Assessment Criteria for Exit Level Outcome 9:
- Manage business processes holistically.
- Understand cross-functional work and its linkages to business processes.
- Determine appropriate business process management technologies.
- Evaluate suitability of business process management frameworks.
- Communicate, measure, and manage primary components of business processes.
Integrated Assessment:
- Variety of summative and formative assessment methods.
- Assessment of management professional roles, knowledge, practice, and skills.
- Application of Management and Financial Management principles to various industries.
- Development of reflexive competence through reflection.
Formative Assessment:
- Enhance learning and reflect critically on personal development.
- Consist of assignments, presentations, and case studies.
Summative Assessment:
- Assess learners' attainment against learning outcomes.
- Consist of written tests, reports, and examinations.
- Moderated internally and externally to ensure validity and reliability.
- Have appropriate criteria and rubrics for guidance.
External Moderation:
- Conducted by suitably qualified and appointed moderators.
- Ensures assessments are valid, reliable, fair, and well-designed.
Qualification Details
- Type
- Advanced Diploma
- NQF Level
- 07
- Min. Credits
- 120
- SAQA Source
- More Information
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This page includes information from the South African Qualifications Authority (SAQA) . Builtneat Pty Ltd trading as Study Start, has modified all or some of this information. SAQA has not approved, endorsed, or tested these modifications.