L4 Diploma in Business Management

This course is ideal for:

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• Aspiring or current supervisors and junior managers

• Learners who have completed a Level 3 business or management qualification

• Individuals wanting to develop broad business management capability

• Professionals preparing for middle-management responsibilities

• Entrepreneurs and business owners needing structured management knowledge

 

There are no formal entry requirements, but Level 2 English & Maths is recommended. Suitable for learners aged 16+.

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What you’ll learn

 

The qualification includes eight mandatory units totalling 120 credits, giving you a comprehensive understanding of the business world. Each unit includes 60 guided learning hours. 

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✨ The Business Environment

Learn how organisations operate and make decisions, including:

• Types of businesses and their purposes

• Organisational structures (UK and international)

• Internal and external business factors

• Decision-making theories

• Impact of the macro environment (PESTLE, economic and market changes)

 

✨ Fundamentals of Marketing

Understand how to plan and deliver effective marketing, including:

• Marketing concepts and research

• Current and future marketing trends

• B2B vs B2C marketing

• Marketing mix and extended mix

• Creating and evaluating marketing plans

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✨ Human Resource Management

Develop HR knowledge and people-focused management skills:

• Recruitment and retention plans

• Labour market trends

• Training and development approaches

• Reward management and motivation theories

• Employment law and employee relations

• Technology in HR and performance monitoring

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✨ Leadership & Operations Management

Gain skills in leading people and managing operational activities:

• Leadership vs management theories

• Roles, functions and behaviours of effective leaders

• Operational functions and meeting business objectives

• Enhancing operational performance

• Managing change and contemporary business pressures

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✨ Management Accounting Systems

Build financial confidence and analytical skills:

• Management vs financial accounting

• Costing methods and financial reporting

• Planning tools, budgeting and pricing strategies

• Evaluating financial stability

• Governance and risk management

• Using accounting techniques to solve business problems

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✨ Project Management

Learn to plan, conduct and evaluate business projects:

• Project scope, methodology and initiation

• Research methods, sampling and ethics

• Producing a detailed project plan

• Presenting findings and evaluating data

• Understanding how project research improves practice

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✨ Innovation in Business

Develop creative thinking and innovation skills:

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• Invention vs innovation

• Sources and types of innovation

• Innovation funnels and frugal innovation

• Commercialising new ideas

• Funding innovation and protecting intellectual property

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✨ Entrepreneurship & Business Start-Ups

Essential knowledge for launching or developing a business:

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• Entrepreneurial skills, traits and motivations

• Venture types and business growth

• Impact of SMEs on the economy

• International factors affecting start-ups

• Managing uncertainty and evaluating risks