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Diploma of Business

Your first step for a successful business career starts here

Course Overview

Diploma of Business

The Diploma of Business is a uniquely positioned, higher education Diploma designed for those who are seeking to develop practical skills to succeed in business, while developing the knowledge and academic skills necessary to succeed in further study at University.

The Diploma provides an alternative to the first year of a Bachelor of Business as well as providing valuable business acumen and skills for those seeking to enter or re-enter the workforce, start your own business or innovate within an existing business.
You will complete 8 foundation business discipline subjects including business communication, management, marketing, data analysis, economics, accounting and law. These core disciplines are contextualised using a virtual business, providing students with an opportunity to understand how these concepts apply in a contemporary Small to Medium-sized Enterprise (SME). This application ensures the course is relevant, and that students acquire both a theoretical understanding of the disciplines as well as tangible skills which can be immediately applied in a workplace setting.

You will also develop important generic skills required to succeed both in university study and a global business environment including academic and digital literacy, numeracy, critical thinking, analytical evaluation, independent learning and working collaboratively. RBS graduates will also have developed entrepreneurial intelligence and the ability to execute – skills which characterise The Sarina Russo Group and are needed in the current and future workforce.

Study Options:
Face-to-face or online
Start Date:
May & September
Course Duration:
8 – 12 months full time
Entry Requirements:
CLICK HERE
Course Fees:
$15,800
$1,975per subject or
$3,950per cluster
FEE-HELP:
Available to eligible students

Course Overview

Diploma of Business

The Diploma of Business is a uniquely positioned, higher education Diploma designed for those who are seeking to develop practical skills to succeed in business, while developing the knowledge and academic skills necessary to succeed in further study at University.

The Diploma provides an alternative to the first year of a Bachelor of Business as well as providing valuable business acumen and skills for those seeking to enter or re-enter the workforce, start your own business or innovate within an existing business.
You will complete 8 foundation business discipline subjects including business communication, management, marketing, data analysis, economics, accounting and law. These core disciplines are contextualised using a virtual business, providing students with an opportunity to understand how these concepts apply in a contemporary Small to Medium-sized Enterprise (SME). This application ensures the course is relevant, and that students acquire both a theoretical understanding of the disciplines as well as tangible skills which can be immediately applied in a workplace setting.

You will also develop important generic skills required to succeed both in university study and a global business environment including academic and digital literacy, numeracy, critical thinking, analytical evaluation, independent learning and working collaboratively. RBS graduates will also have developed entrepreneurial intelligence and the ability to execute – skills which characterise The Sarina Russo Group and are needed in the current and future workforce.

Study Options:
Face-to-face or online
Start Date:
May & September
Course Duration:
8 – 12 months full time
Entry Requirements:
CLICK HERE
CRICOS Course code:
088834G
Course Fees:
$19,600
$2,450 per subject or
$4,900 per cluster

Your Academic Pathway into the Bachelor of Business degree

Russo Business School has articulation agreements with James Cook University and Griffith University, to fast-track you straight to the second year of a Bachelor of Business after completing the Diploma of Business.

Our Diploma serves as a fast-track into your chosen specialisation

A flexible approach to learning

We realise that students have complex lives and need flexibility, so have designed the course to provide as much flexibility as possible.


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Course Handbook

Handbook year

2022

Course codes

TEQSA Course Code – CRS1400267
CRICOS Course Code - 088834G

Course type

Diploma (AQF Level 5) Australian Qualifications Framework

Accreditation and Registration status

TEQSA Accredited Provider Code – PRV14013
CRICOS Registered Provider Code – 03441F

Professional accreditation status

Not Accredited with a professional association

Course Rules

Students must complete 8 core subjects to be awarded the Diploma

Course Duration

8-12 months

Delivery Mode

  • On Campus
  • Online

Credit points

24 credit points as per course structure

Course learning outcomes

  • Acquire basic business acumen and knowledge necessary for advanced skills, paraprofessional work, start-up, or further studies through independent and/or peer learning.
  • Develop an awareness of economic, legal, ethical, social responsibilities, environmental and technological factors which impact on business operations both nationally and globally.
  • Demonstrate essential people skills and ability to work effectively within a culturally global diverse environment through a range of contemporary media to transmit written and oral communication fluently.
  • Identify, analyse, evaluate, and synthesise information with an intrapreneurial and critical thinking mindset to address issues and provide solutions to a range of real-world complex business situations.
  • Apply basic academic, digital, numeracy and technical skills necessary to complete a range of activities within broad but established business parameters.

The Clusters

Cluster 1

Professional Skills for Business

This cluster focuses on preparing you to contribute effectively in a business environment while also developing the vital academic skills needed to succeed in the university-level study. You will develop skills in professional business communication (spoken, written, in-person and electronic) including leadership, teamwork, problem-solving, digital literacy, initiative and enterprise skills that are most sought by employers to work effectively in a business environment.

 

Cluster 2

Managing and Marketing a Business

You will gain a broad overview of the management functions within an organisation, with a focus on planning, organising, leading and effectively managing a team to business performance. You will also be gain an understanding of the marketing role in modern organisations including the marketing mix, customer segmentation, products, pricing, placement, advertising, selling and digital marketing. You will harness your marketing skills; learning how to build a business brand, connect and engage with your customers.

Cluster 3

Data Analytics & Decisions Making for Business


You will be introduced to the basic statistical methods that are widely used in modern business applications. Our aim is to equip you with the essential knowledge and skills to interpret and forecast real-world data in a business context. You will also be introduced to basic economic concepts and theories including microeconomics, focusing on decision making of individual customers and firms (e.g. customers’ decisions on consumption, and firms’ decisions on production) and macroeconomics, which addresses economic issues at an aggregate level (e.g. international trading, interest rates, taxes and government spending). You will develop data analytics and problem-solving skills to make informed decisions to respond to complex business challenges.

Cluster 4

Finance and Legal Essentials for Business



This cluster is designed to provide you with a basic understanding of accounting issues both in Australia and internationally. It covers accounting standards and concepts, elements of financial statements, recognition criteria, alternative methods of valuation and reporting, and disclosure of the financial performance of companies. You will learn how the financial world works and make smart business decisions. You are also introduced to the Australian legal system, and the legal rules regulating commercial activities in Australia. A substantial amount of time is dedicated to explaining the law of contract, relevant to most commercial exchanges of goods and services. You will acquire the skills to understand the important role that finance and law plays in business decision-making.

 

The next steps

If you’re ready to make the best business decision of your life, and to learn a course designed by industry entreprenuers, for entreprenuers, then fill in our entry form now. 

Apply Now
Or talk to our admissions team