CIE Level 5 Diploma in Business Studies Applications
Course Code: OLL320
Are you seeking to pursue a career in business? This course can equip you with the qualification you need to go onto further studying at an undergraduate degree level. It can also help you to learn the skills and knowledge you need to further your career.
This course will enable you to:
Understand how to use information, communication and technology ICT in the study of business
Explore the financial planning in a business
Investigate the Structure, risk and enterprise of a business
Learn about Job analysis and operational management
Study Marketing and the competitive environment
Explore the economy and how it has an effect on a business
Understand the layers in business administration
Know how leadership has an effect on how a business is run
Learn what business consultancy is
Understand how to manage a project and resources
Learn how to research and write for a business
Explore the role of human resources of a business
This course will allow you to study when and where you want, at your own pace.
You will receive all of the course material through an online eLearning portal, so it couldn’t be easier. Our experienced and friendly tutors are always a click away by email, giving you advice and helping you through your course.
Develop your interest and knowledge by enrolling now and join the 60,000 students that have already done so.
Enrol now and receive a £25 gift voucher towards your next course.
Unit 1: Using information, communication and technology ICT in the study of Business
Types of ICT skills
Tools and strategies
4 Principles of self-assessment
Unit 2: Financial planning in business
Output and input
Assessing and monitoring cost and profit
Fixed, variable and semi-variable cost and profit
Case study examples
Processes for increasing revenue
2 Break even analysis
Margins of safety
3 Cash flow forecasting
Unit 3: Structure, risk and enterprise
Nature of demands in business
Cash flow and unforeseen expenditure relevant to enterprise activities
Control and monitoring
Customer reliance and its impacts
2 Variance analyses
Hierarchy and chain of command
Definition and application with examples
Unit 4: Job analysis and operational management
Job structures and process
Job descriptions and expectations
Relationship of job to operational process
Example case studies
2 Operational targets
Formulae and equations
Unit costing and examples
3 Quality measurements
Unit 5: Marketing and the competitive environment
Aims and objectives
Business to business marketing
The Marketing Mix (4 ‘P’s)
Product development and the product lifecycle
Extension strategies and development
Product portfolio analysis and the Boston Matrix
Unit 6: The economy and business
GDP and GNP
The business cycle
Unemployment influences and impacts
Inflation: demand pull and cost push
Unit 7: Understanding the layers in business administration
Origins of leadership
Direction and alignment
Relationships and qualities
Empowerment and vision
Empathy and values
Future roles and responsibilities
Unit 8: Leadership: developing visionary concepts
Characteristics of innovators
Repetition, representation and assistance as visionary concepts
Effective decision making
Steps in open-ended problem resolution
Unit 9: Business consultancy
Aims and objectives
Selection, qualifications and experience related to practice
Small business advisory services and their role
Client customer relations
Conducting consultancy assignments
Key attributes for consultants
Unit 10: The project management perspective
Goal and objective setting
Deliverables and agreed timings
Stakeholder planning and procurement processes
Reporting, communication and feedback
Transparency and openness in approach
Responsibility and accountability
Unit 11: Resource management
Overview and aims and objectives
Roles within resource management
Applications and uses related to company/business objectives
People, equipment and labour
Materials and products
Using matrices and other resource management tools
Relevance of resource management
Unit 12: Research and writing for business
Aims and objectives
Empiricism in business research
Qualitative, quantitative and mixed methodology
Unit 13: Human resource applications
Aims and objectives
Historical development and emergence of practices
Public sector development
Patterns of employment and the labour markers
Unit 14: Employment contracts
Elements of the contract Definition of contract terms
Position of minors in contracts
Intention within contracts
Influence of European law
Identification of the Contract of Employment
Case study review
Precedent and legislative directives
Unit 15: Managing conflicts and motivation in business applications
The Universal Declaration of Human Rights
UK legislative sources
European legislative sources
Articles of Treaties
Unit 16: Recruitment and selection processes
Who recruits and why within large and small businesses
Rational, aims and objectives
Direct and indirect recruitment
Processes and procedures
Phases of recruitment
Formal and informal recruitment
Source of recruitment
You are required to create an ePortfolio. After each unit you will have to send your work by email to your tutor. You will also have to take part in self-assessment activities, do your own independent research and conduct your own reflective journal.
You have 2 years to complete this course. The approximate learning time for each unit is 60 hours.
This course will allow you to work at home or at work. All materials for the course will be received online. You will also get tutor support by email.
Successful students will achieve a CIE Level 5 Diploma in Business Studies Applications.
This course is awarded by CIE. CIE (Centre for Interactive Education) is an innovative awarding organisation in the UK. Their courses are known to allow learners to study in an interactive and effective way and in a time-efficient manner without compromising the quality of learning.
This course is thoroughly checked to ensure the best practice of quality assurance.
The completion of this course alone does not lead to an Ofqual regulated qualification, but may be used as evidence of knowledge and skills towards regulated qualifications in the future. The unit summary can be used as evidence towards your Recognition of Prior Learning if you wish to progress your studies in this sector.
course questions & answers
What skills are needed to enrol in this course?
All students must be 17 years of age and above. Students should have completed a Level 3 Diploma or an A level standard course (or equivalent) before enrolling on this Level 5 qualification.
Is there a time limit for the completion of this course?
You may start at any time and have 2 years to complete your studies. It is truly flexible and is designed to be adaptable around your lifestyle and other commitments.
What is included in the cost of my course?
Online learning platform
Personal tutor support
Assignment marking and feedback
Dedicated student support
FREE NUS Extra card worth £12.00
FREE CV writing service
How do I get my work assessed?
You will send your work by email to your personal course tutor for them to mark and return to you. On successful completion of the course you will be awarded your CIE Level 5 Diploma in Business Studies Applications.
Only available to UK residents over 18 and in part or full-time employment subject to terms and conditions.
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