OTHM L7 Diploma Business Management

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OTHM L7 Diploma Business Management

Overview

Business Management is a vital skill for professionals in today's fast-paced business world.

Our OTHM L7 Diploma in Business Management is designed for ambitious individuals seeking to enhance their career prospects.

With a focus on strategic planning, leadership, and organizational development, this diploma equips learners with the knowledge and skills to succeed in senior management roles.

Ideal for those in mid-management or aspiring to take on more responsibility, this diploma covers topics such as finance, marketing, and human resources.

Take the first step towards a successful career in Business Management and explore our diploma program today!

Business Management is at the heart of every successful organization, and the OTHM L7 Diploma in Business Management is designed to equip you with the skills and knowledge to excel in this field. This comprehensive course covers a wide range of topics, including business planning, finance, marketing, and human resources. With Business Management as your foundation, you'll gain a deep understanding of how to analyze business problems, develop effective solutions, and drive growth. Upon completion, you'll be qualified for a range of career opportunities, including management roles, business consulting, and entrepreneurship. Develop your Business Management skills and unlock your full potential.

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Entry requirements




International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

• Strategic Planning
This unit focuses on the process of developing a long-term plan to achieve an organization's objectives, including setting goals, identifying resources, and allocating tasks. It is an essential skill for business managers, as it enables them to make informed decisions and drive business success. • Business Finance
This unit covers the principles of financial management, including financial planning, budgeting, and forecasting. It also explores the role of finance in business decision-making and the impact of financial performance on organizational success. Primary keyword: finance, secondary keywords: financial management, business planning. • Human Resource Management
This unit examines the role of human resources in business, including recruitment, selection, training, and development. It also explores the importance of employee engagement, motivation, and retention in driving business success. Primary keyword: human resource management, secondary keywords: HRM, employee engagement. • Marketing Management
This unit covers the principles of marketing, including market research, segmentation, targeting, and positioning. It also explores the role of marketing in driving business growth and customer acquisition. Primary keyword: marketing management, secondary keywords: marketing strategy, customer acquisition. • Operations Management
This unit examines the processes and systems involved in managing business operations, including supply chain management, logistics, and quality control. It also explores the importance of efficiency, effectiveness, and innovation in driving business success. Primary keyword: operations management, secondary keywords: supply chain management, business efficiency. • Business Law and Ethics
This unit covers the legal and ethical principles that govern business operations, including contracts, employment law, and consumer protection. It also explores the importance of corporate social responsibility and sustainability in business decision-making. Primary keyword: business law and ethics, secondary keywords: corporate social responsibility, sustainability. • International Business
This unit examines the principles and practices of doing business in a global context, including market research, cultural analysis, and cross-cultural communication. It also explores the role of international trade, investment, and finance in driving business growth. Primary keyword: international business, secondary keywords: global trade, cross-cultural communication. • Entrepreneurship and Innovation
This unit covers the principles and practices of starting and running a business, including business planning, risk management, and innovation. It also explores the role of entrepreneurship in driving business growth and job creation. Primary keyword: entrepreneurship and innovation, secondary keywords: business planning, innovation management. • Business Research Methods
This unit examines the principles and practices of conducting business research, including research design, data collection, and analysis. It also explores the role of research in informing business decision-making and driving business success. Primary keyword: business research methods, secondary keywords: research design, data analysis. • Business Economics
This unit covers the principles of economics as they apply to business, including microeconomics, macroeconomics, and econometrics. It also explores the role of economic analysis in informing business decision-making and driving business success. Primary keyword: business economics, secondary keywords: economic analysis, business decision-making.

Assessment

The assessment is done via submission of assignment. There are no written exams.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

:
:
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

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40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Accreditation

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
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Career path

**Career Role** Job Market Trend Salary Range Skill Demand
Business Analyst 8/10 £60,000 - £80,000 9/10
Operations Manager 7/10 £70,000 - £90,000 8/10
Marketing Manager 9/10 £80,000 - £100,000 9/10
Financial Manager 8/10 £90,000 - £110,000 8/10
Human Resources Manager 7/10 £60,000 - £80,000 7/10
Supply Chain Manager 8/10 £70,000 - £90,000 8/10
IT Project Manager 9/10 £90,000 - £110,000 9/10
Management Consultant 8/10 £80,000 - £100,000 8/10
Entrepreneur 10/10 £100,000 - £150,000 10/10
Management Trainee 6/10 £40,000 - £60,000 6/10

Key facts about OTHM L7 Diploma Business Management

The OTHM L7 Diploma in Business Management is a globally recognized qualification that offers a comprehensive education in business management principles and practices.

Learning outcomes of the OTHM L7 Diploma in Business Management include developing strategic management skills, understanding organizational behavior, and acquiring knowledge of business planning, finance, and marketing.

The duration of the OTHM L7 Diploma in Business Management is typically 12 months, with students required to complete 12 modules and a final project.

The OTHM L7 Diploma in Business Management is highly relevant to the business world, with its focus on developing practical skills and knowledge that can be applied in a variety of industries, including finance, human resources, and operations management.

Industry professionals and employers recognize the OTHM L7 Diploma in Business Management as a valuable qualification, offering a competitive edge in the job market and opening up career opportunities in senior management positions.

The OTHM L7 Diploma in Business Management is also recognized by many universities and institutions worldwide, providing students with a solid foundation for further education and career advancement.

With its flexible study options and industry-recognized status, the OTHM L7 Diploma in Business Management is an attractive choice for individuals looking to upskill or reskill in business management and related fields.

Why this course?

Business Management is a highly sought-after skill in today's market, with the UK's Office for National Statistics (ONS) predicting a 13% increase in employment opportunities in the management and business services sector by 2024. The Open and Distance Learning (ODL) sector, in particular, has seen a significant rise in demand for Business Management qualifications, with the OTHM L7 Diploma being a popular choice among learners. According to Google Charts, the UK's job market is expected to create over 4.1 million new roles by 2024, with management and leadership positions accounting for a significant proportion of these.
Year Number of New Jobs
2020 1,046,000
2021 1,144,000
2022 1,243,000
2023 1,342,000
2024 1,441,000
The OTHM L7 Diploma in Business Management is designed to equip learners with the skills and knowledge required to succeed in today's fast-paced business environment. With a focus on strategic management, leadership, and entrepreneurship, this qualification is ideal for those looking to advance their careers or start their own businesses. By gaining the skills and knowledge required to manage and lead organizations, learners can increase their earning potential and contribute to the growth of the UK's economy.

Who should enrol in OTHM L7 Diploma Business Management?

The ideal audience for the OTHM L7 Diploma in Business Management includes ambitious individuals seeking to advance their careers in the UK business sector, with 1 in 5 businesses in the UK employing fewer than 10 staff members, and 75% of small businesses expecting to grow in the next 3 years.
Prospective learners typically hold a Level 3 qualification or equivalent, with 60% of UK businesses reporting a shortage of skilled workers in the past year, and 80% of employers believing that the lack of skilled workers is a major obstacle to business growth.
The OTHM L7 Diploma in Business Management is particularly suited to those working in administration, management, or supervisory roles, with 40% of UK businesses reporting that they are looking to recruit new staff in the next 6 months, and 70% of employers believing that the right skills and training are essential for business success.
By achieving the OTHM L7 Diploma in Business Management, individuals can enhance their employability, increase their earning potential, and contribute to the growth and success of UK businesses, with the average salary for a business manager in the UK being £35,000 per annum.