Level 3 Diploma in Business Innovation and Entrepreneurship
The Level 3 Diploma in Business Innovation and Entrepreneurship is designed for ambitious individuals seeking to drive growth and success within organisations. This comprehensive qualification equips learners with the knowledge and skills needed to identify business opportunities, create innovative products and serv…
About this Level 3 Diploma in Business Innovation and Entrepreneurship
The LSIB Level 3 Diploma in Business Innovation and Entrepreneurship is studied entirely online. It covers Level 3 Diploma in Business Innovation and Entrepreneurship, 60 credits, 100% online, assessed by assignments with no exams, payable in instalments (GBP £1250 / GBP £950).
This Level 3 Diploma equips learners with the necessary skills and knowledge to drive business growth and innovation. The comprehensive course combines theoretical foundations with practical applications, allowing you to develop innovative solutions and turn them into viable business ideas.
By the end of this diploma program, learners will be able to:
- Identify business opportunities and develop innovative solutions
- Create and lead a team to achieve business goals
- Understand market trends and consumer behaviour
- Develop financial strategies for new ventures
- Apply leadership principles in entrepreneurial contexts
The Level 3 Diploma in Business Innovation and Entrepreneurship holds significant importance in today’s market, particularly in the UK. According to a report by the UK's Office for National Statistics (ONS), there were over 670,000 new businesses started in the UK in 2020, with many of these startups focusing on innovation and entrepreneurship.
| Year | Estimated UK learners |
|---|---|
| 2026 | 120,000 |
| 2027 | 140,000 |
Programme structure
- Level: Undergraduate diploma (Level 3)
- Duration: 6 Months / 9 Months
- Fee: GBP £1250 / GBP £950
- Qualification number: 603/1051/0
- Credits: 60
- Awarding body: Qualifi, UK - an awarding body by the UK Government's regulator - OfQual.
- Flexible online study options available
What you'll study
- 01Business Planning and Strategy
- 02Innovation and Entrepreneurship
- 03Marketing and Branding
- 04Financial Management and Funding
- 05Operations and Supply Chain Management
- 06Digital Marketing and E-commerce
- 07Leadership and Team Management
- 08Entrepreneurial Finance and Accounting
- 09Business Model Innovation and Design
- 10Social Entrepreneurship and Sustainability
Entry requirements
Educational Background
- Previous Qualification: Applicants should have successfully completed a Level 2 qualification (e.g., GCSEs, Level 2 Certificate, Diploma) or hold an equivalent credential. Higher qualifications are also accepted.
- or
- Relevant Experience: Candidates with over 1 year of professional experience in their respective industry are encouraged to apply, as their practical knowledge is highly valued.
Age Requirement
- Minimum Age: Applicants must be 16 years or older. This program is designed to support both recent school leavers and those with some professional experience in advancing their careers.
Fees and instalment plans
| Payment option | Instalments | Amount |
|---|
All fees in GBP. A one-off enrolment fee of £10 applies. Paying in full gives a 5% discount.
Take the details with you
Where it can take you
By completing the Level 3 Diploma in Business Innovation and Entrepreneurship, learners will gain a competitive edge in the job market. Career prospects include:
- Management roles where innovative leadership is key
- Consulting positions that require an understanding of business trends and financial strategies
- Entrepreneurial ventures leading to new startups
Who it's for: This qualification is ideal for individuals looking to start their own business or enhance their career prospects in management, consulting, and more. Specifically, this diploma program is suited for:
- UK-based individuals looking to kickstart their entrepreneurial journey
- Business professionals seeking to enhance skills and knowledge in innovation and entrepreneurship
- Aspiring managers wanting to advance into leadership roles with a focus on innovation
- Entrepreneurs interested in understanding market trends and developing financial strategies
Common questions
Are there any exams?
No. This programme is assessed entirely through assignments.
Can I study while working full time?
Yes. The programme is 100% online and self-paced, with flexible deadlines and extensions available on request.
Who awards the qualification?
Qualifi, UK - an Awarding body by the UK Government’s regulator - OfQual.
Can I apply without a degree?
Many LSIB programmes accept applicants with relevant work experience. Contact admissions to confirm eligibility for your background.
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Insights
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