Diploma of Business Course (BSB50120)

Duration	Up to two years
How it works	Study online. With a difference
Price	$2,650 \| $122.30 per week (payment plan)
Career opportunities	Business Manager \| Team Leader \| Specialist Manager
Course topics	Four modules
Units	12 units of competency \| Nationally recognised
Specialisations	Three specialisation pathways available
Course trainers	Industry experts and thought leaders.
Pathways	University courses
Entry requirements	No formal prerequisites \| RPL available \| Some equipment needed
Assessments	Multiple small assessments
Start date	Immediately, or whenever you're ready. Get in touch about enrolling

Key Benefits

Tailored to your business career

Flexible and convenient. It’s made to fit around your work, family and personal commitments.

Nationally recognised

The course is nationally recognised under the Australian Qualifications Framework. You can use it as a pathway to further studies, including university degrees.

Choose to specialise

Consider choosing to specialise, and gain knowledge in a specific area. You’ll still graduate with a Diploma of Business but with one of these options:

Diploma of Business (Operations)
Diploma of Business (Organisational Development)
Diploma of Business (Digital Transformation)

Course Accreditation

You’ll need to complete 12 units to obtain your Diploma of Business. Chat to us to find out about a Diploma of Business with a specialisation in Operations, Digital and Data or Organisational Development.

Module 1

BSBXCM501 Lead communication in the workplace (core)
BSBCRT511 Develop critical thinking in others (core)
BSBSUS511 Develop workplace policies and procedures for sustainability (core)

Module 2

BSBOPS501 Manage business resources (core)
BSBFIN501 Manage budgets and financial plans (core)
BSBOPS504 Manage business risk (elective)

Module 3

BSBPEF502 Develop and use emotional intelligence (elective)
BSBPMG430 Undertake project work (elective)
BSBMKG433 Undertake marketing activities (elective)

Module 4

BSBLDR601 Lead and manage organisational change (elective)
BSBXCS402 Promote workplace cyber security awareness and best practices (elective)
BSBSTR501 Establish innovative work environments (elective)

Specialisations

There are 3 specialisations to choose from. Check out the options below and gain knowledge in a specific area. You’ll still graduate with a Diploma of Business but with one of these options:

Diploma of Business (Organisational Development)
Diploma of Business (Operations)
Diploma of Business (Digital Transformation)

Diploma of Business (Organisational Development)

Module 1 / Core communication

BSBXCM501 Lead communication in the workplace (core)
BSBCRT511 Develop critical thinking in others (core)
BSBSUS511 Develop workplace policies and procedures for sustainability (core)

Module 2 / Beyond budgets

BSBOPS501 Manage business resources (core)
BSBFIN501 Manage budgets and financial plans (core)
BSBOPS601 Develop and implement business plans (elective)

Module 3 / Captaining change

BSBCRT611 Apply critical thinking for complex problem solving (elective)
BSBLDR601 Lead and manage organisational change (elective)
BSBSTR501 Establish innovative work environments (elective)

Module 4 / Team thinking

BSBPEF502 Develop and use emotional intelligence (elective)
BSBTWK501 Lead diversity and inclusion (elective)
BSBOPS504 Manage business risk (elective)

Diploma of Business (Operations)

Module 1 / Core communication

BSBXCM501 Lead communication in the workplace (core)
BSBCRT511 Develop critical thinking in others (core)
BSBSUS511 Develop workplace policies and procedures for sustainability (core)

Module 2 / Beyond budgets

BSBOPS501 Manage business resources (core)
BSBFIN501 Manage budgets and financial plans (core)
BSBOPS601 Develop and implement business plans (elective)

Module 3 / Overseeing operations

BSBOPS504 Manage business risk (elective)
BSBPMG430 Undertake project work (elective)
BSBOPS502 Manage business operational plans (elective)

Module 4 / People power

BSBHRM525 Manage recruitment and onboarding (elective)
BSBHRM529 Coordinate separation and termination processes (elective)
BSBWHS521 Ensure a safe workplace for a work area (elective)

Diploma of Business (Digital Transformation)

Module 1 / Core communication

BSBXCM501 Lead communication in the workplace (core)
BSBCRT511 Develop critical thinking in others (core)
BSBSUS511 Develop workplace policies and procedures for sustainability (core)

Module 2 / Beyond budgets

BSBOPS501 Manage business resources (core)
BSBFIN501 Manage budgets and financial plans (core)
BSBOPS504 Manage business risk (elective)

Module 3 / Digital development

BSBTEC403 Apply digital solutions to work processes (elective)
BSBTEC404 Use digital technologies to collaborate in a work environment (elective)
BSBTEC601 Review organisational digital strategy (elective)

Module 4 / People and projects

BSBXCS402 Promote workplace cyber security awareness and best practices (elective)
BSBPMG430 Undertake project work (elective)
BBSBSTR501 Establish innovative work environments (elective)

If you’re unsure which pathway is right for you, get in touch with one of our friendly Course Consultants today.

Course Assessments

The experts who design and deliver our courses (click back to Course trainers to meet some of them) have developed an assessment framework that’s uniquely designed to help you gain a deep understanding of the material.

Assessment formats include:

Case studies
Multiple-choice questions
Short-answer questions
Workplace scenarios
Projects
Roleplays: video self-recording and upload of the file

Career Opportunities

The Diploma of Business is a course that bridges the gaps between your technical skills and business skills. It’s designed to help you develop products that are truly original. The best part is, it’s so flexible that you can start working on your big idea while you’re still studying.

Key opportunities include:

Department Manager
Start-up founder
Business owner
Executive Officer
Product Manager

Pathways

The Diploma of Business is a potential pathway to further study for leaders and entrepreneurs who want to learn more about their area of interest. For example, you could use your nationally recognised Diploma to help gain entry (or even a head start) on an Advanced Diploma in a similar field.

Just make sure you check with the university of your choice about entry options and course credit before you enrol with Monarch Institute.

Entry requirements

Course entry requirements

There aren’t any formal prerequisites. But to make sure you get the most out of training with us, the following enrolment process applies:

Once we receive your enrolment, our friendly course consultants will touch base to undertake a pre-training review to ensure the training is right for you.
It is recommended that you are be proficient in the use of computer and web based technology and applications and have high-level learning, reading, writing, language, oral communication and numeracy skills.
For students without an equal or higher-level qualification, there’s a short language, literacy and numeracy quiz you complete online.
You should have basic skills and understanding of MS Word and Excel.

What equipment will I need?

You will need access to the following equipment to successfully complete the course:

You will need access to the following equipment to successfully complete the course:
Working computer with Microsoft Office (2016 or later)
Access to the internet
Access to a smart phone, video camera or web camera is required

Am I eligible for recognition of prior learning (RPL)?

We may be able to take into account relevant knowledge and skills you’ve gained through previous formal or informal training, education and employment. To find out more, refer to our Student Information Handbook by clicking here, or get in touch with one of our friendly Course Consultants.

Course Topics

The Diploma has five core units and seven elective units. You can choose to specialise in one of the below:

Diploma of Business (Operations)
Diploma of Business (Organisational Management)
Diploma of Business (Digital Transformation)

For more info on these, check out the ‘Specialisations’ tab back on the course page.

Diploma of Business

Module 1

Core Communication

This module guides you through the skills and knowledge required to lead communication in the workplace within any industry, whilst helping develop your critical thinking skills. You’ll also cover workplace policies and procesures, to ensure your business will stick around for the long term.

Module 2

Resources and Risk

Learn how to allocate resources to various projects and what it means to effectively manage financial resources within work teams. Understand how to ensure financial resources are managed in line with the financial objectives of the team and organisation.

Module 3

Practical Projects

The soft skills. Yep you need ’em! Here we take a look at the way you can develop and use emotional inteligence to create strong teams that work well together. You’ll learn about project planning and processes that can hold the key to a success business.

Module 4

Learning to Lead

This module sets you up with the basics of really good leadership practices. You can’t succeed in business if you don’t lead well! Here we look at how to lead and manage organisational change, as well as how to establish innovation work environoments.

Course Duration

This course is designed to be completed within 12-24 months.

There is no minimum timeframe to complete this course. Students who are highly motivated and well organised can complete the full course at an accelerated pace.

The key factors that influence course completion are a student’s experience, time availability, how fast they work and how committed they are.

How it works

More than online

You’ll get:

Easy-to-follow course materials
Videos and webinars
Heaps of support from your course trainers (phone, email, Zoom)
A dedicated admin team on hand to guide you
Online assessments
Student Facebook group

How does it work?

This course has been developed to give you absolute flexibility. Study on your couch, on public transport, on your break at work, out in the park – wherever and whenever you like. The best part is, with Monarch Institute, ‘online’ doesn’t mean ‘alone’. You’ll be backed by our trainers at every step along the way.

What support will I get?

Your trainer will be happy to contact you via phone, Zoom, or email (Monday to Friday, 9am to 5.30pm). So you definitely won’t feel alone. You’ll also have access to our student Facebook groups, so you can discuss the material with other students. It’s a handy way to stay in touch with trainers and others in the same course.

Course Price

Upfront payment

$2,650 (total)

The most cost-effective option. Pay up front and save 20% compared to the total payment plan. Payment options include electronic funds transfer (EFT), credit card (Mastercard or Visa), cheque or cash.

Payment plan

$122.30 per week, paid over 26 weeks (total $3,180)

This option is suitable for students wanting to manage their cash flow. It’s handy if you want to get started right away, but don’t have the full amount on hand. Payment must be made with Mastercard or Visa.

Meet your trainers

Industry experts and thought leaders.

Glenn Buesnel-May
"Instead of wondering when your next vacation is, maybe you should set up a life you don’t need to escape from."
– Seth Godin

I started my career in the Banking sector, with experience in lending and securities. I then spent over 20 years in the Royal Australian Air Force as a Logistics Officer and later specialised in Education and Training, where I was a trainer, assessor and executive.

In 2007, I established a private business as a consultant, specialising in Leadership, Management, Business and Professional Development training. I have qualifications in HR, Management, Leadership, Coaching, Warehousing, Transport and Logistics, the Myers Briggs Type Indicator (MBTI) and Advanced Facilitation. I also trained in Professional Mentoring, Workplace and Leadership Coaching, Counselling and Conflict Management and underwent undergrad studies in Human Resources.

What gets me out of bed in the morning?

I live for weekends, where I spend it exploring, listening to and making music, camping, flying aircraft, playing with my Staffy, named Harper Cookie Face!

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Business training. Study online today.

Diploma of Business

BSB50120

Key benefits

Business courses. For the real world.

You need a different learning experience.We're ready to deliver.

Expertise

Flexibility

Support

How we rank

Any questions? Ask away!

Key Benefits

Tailored to your business career

Nationally recognised

Choose to specialise

Course Accreditation

Module 1

Module 2

Module 3

Module 4

Specialisations

Diploma of Business (Organisational Development)

Module 1 / Core communication

Module 2 / Beyond budgets

Module 3 / Captaining change

Module 4 / Team thinking

Diploma of Business (Operations)

Module 1 / Core communication

Module 2 / Beyond budgets

Module 3 / Overseeing operations

Module 4 / People power

Diploma of Business (Digital Transformation)

Module 1 / Core communication

Module 2 / Beyond budgets

Module 3 / Digital development

Module 4 / People and projects

Course Assessments

Career Opportunities

Pathways

Entry requirements

Course entry requirements

What equipment will I need?

Am I eligible for recognition of prior learning (RPL)?

Course Topics

Diploma of Business

Module 1

Core Communication

Module 2

Resources and Risk

Module 3

Practical Projects

Module 4

Learning to Lead

Course Duration

How it works

More than online

How does it work?

What support will I get?

Course Price

Upfront payment

Payment plan

Meet your trainers

Industry experts and thought leaders.

Business training.
Study online today.

You need a different learning experience.
We're ready to deliver.