Advanced Diploma in Business Management
Business, Commerce and Management Studies - Generic Management
Purpose and Rationale
Purpose:
The qualification is designed for individuals with existing vocational qualifications, those looking to enter Postgraduate studies, and technical professionals aspiring to move into management roles. Graduates will acquire the necessary skills to effectively perform key management tasks. Through coursework, students will develop business management skills comprehensively, covering essential areas in the field. The qualification aims to provide students with a solid understanding of management theories, methodologies, and practices, blending theoretical knowledge with practical applications. It will prepare students for Postgraduate studies in management by enhancing their problem-solving abilities and fostering a holistic approach to organizational management. Given the current demand for skills and the scarcity of Advanced Diploma qualifications in general business management, the qualification aims to produce graduates with attributes including critical thinking, problem-solving skills, effective communication, ethical conduct, accountability, and customer orientation.
Rationale:
The institution specializes in distance education, attracting students from South Africa and the Southern African Development Community. The Advanced Diploma in Business Management contributes to enhancing management skills in the region. The qualification focuses on developing skills in general business management, essential for providing effective leadership and direction to support national economic growth and organizational performance in both public and private sectors. In the modern business landscape, characterized by multifaceted dynamics of opportunities and risks, management education plays a crucial role in equipping managers and organizations with the necessary skills to drive growth and profitability while managing risks effectively. The qualification meets the demand for management qualifications that not only build a fundamental understanding of management practices but also complement existing qualifications. It serves as a stepping stone for middle management positions and prepares students for further Postgraduate studies. Moreover, it offers a pathway for Diploma holders to pursue advanced studies. The qualification aligns with the national skills development agenda, addressing the scarcity of management skills in South Africa as identified in the 2014 List of Occupations in High Demand. The diverse management positions in demand highlight the need for specialized skills beyond commerce, which this qualification aims to fulfill by supplementing technical backgrounds with strong business management knowledge. It is also suitable for professionals seeking continuous professional development.
Outcomes
- Understand the role of management and leadership in organisational success.
- Employ integrated knowledge to solve complex problems in an organisation.
- Demonstrate understanding of financial management within an organisation.
- Understand the key management theories used to manage organisations.
- Engage in self-directed learning.
- Display an understanding of marketing principles and practices to promote and grow the business.
- Assess problems in organisations and propose viable solutions.
- Demonstrate an appreciation and understanding of ethics and accountability.
- Apply the concepts of economics and data analysis to process information for decision making.
Assessment Criteria
Associated Assessment Criteria for Exit Level Outcome 1:
- Use management theories to understand the concept of management and leadership.
- Use elements of management techniques to assess the difference between management and leadership.
Associated Assessment Criteria for Exit Level Outcome 2:
- Apply problem-solving concepts, techniques, and tools to help solve real work-life situations.
Associated Assessment Criteria for Exit Level Outcome 3:
- Use financial concepts and terminology to understand financial management.
- Apply financial formulas and calculation of ratios to understand the financial state and health of the business.
Associated Assessment Criteria for Exit Level Outcome 4:
- Unpack and apply management structures to various organizational designs.
- Use theories of the evolution of management theories, from classical approaches to human relations approaches, to understand the various theorists' contributions to management.
Associated Assessment Criteria for Exit Level Outcome 5:
- Engage business management techniques independently to understand organizational operations and how appropriate management gives effect to well-run organizations.
Associated Assessment Criteria for Exit Level Outcome 6:
- Use marketing principles and practices to evaluate business potential and product need.
- Use marketing strategy as a company's competitive advantage.
Associated Assessment Criteria for Exit Level Outcome 7:
- Apply problem-solving concepts to work-life situations.
- Apply problem-solving techniques and tools to propose viable solutions.
Associated Assessment Criteria for Exit Level Outcome 8:
- Integrate ethics and good corporate governance principles in management and leadership.
- Apply management policies, procedures, and practices to manage an organizational ethics program and intervention.
Associated Assessment Criteria for Exit Level Outcome 9:
- Use Economic Circular Flow to understand the economy and various role players.
- Use micro-economics to guide business operations for efficient production.
Integrated Assessment:
- Formative and Summative Assessment.
- The assessment methods measure the extent to which the student has achieved competence in the different areas of study delivered through the modules.
Principles of Assessment:
- Appropriateness.
- Fairness.
- Manageability.
- Integration into work or learning.
- Validity.
- Direct.
- Authenticity.
- Sufficient.
- Systematic.
- Open.
- Consistent.
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.