QUALIFI Level 5 Diploma in Business Enterprise 601/6050/0
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The Level 5 units are also designed to dove-tail into a top-up undergraduate year at a UK University.
Qualification Structure and Requirement
The Qualification is made up of 6 units. All units are mandatory and required by learners to be awarded the Level 5 Diploma in Business Enterprise. The Qualification provides comprehensive coverage of the issues, challenges and disciplines growth organisations or business start-ups face. Learners who want to make a success of their own business venture or to develop their skills in promoting or creating growth in organisations will gain significantly from this qualification.
The Qualification provides comprehensive coverage of the issues, challenges and disciplines growth organisations or business start-ups face. Learners who want to make a success of their own business venture or to develop their skills in promoting or creating growth in organisations will gain significantly from this qualification. The inspired student or entrepreneur will gain valuable insights into the characteristics, skills, resources and tools required to drive a growing organisation or business start-up forward. Learners will be required to be proactive and engage with businesses that have growth strategies or start-ups with ambition. Learners will be expected to create ideas and plans that support their personal business goals or those of organisations that they are involved with.
Progression Pathways
Upon completing this Level 5 diploma, learners can progress to the final year of an undergraduate degree. Learners can also step directly into employment in an associated profession.
Career Opportunities
Primary areas of employment include:
- Entrepreneur Development Manager
- Business Analyst
- Marketing Manager
- Retail Manager
- Public Relations Manager
- Assistant Manager
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1
Unit code: A/507/1619 : Entrepreneurship, Enterprise and CreativityRQF level: 5
Overview
The focus for this unit is to develop understanding of the role of entrepreneurial activity in new venture creation and to explore the different approaches to running a fast growth organisation. A distinction is made between the individual entrepreneur and the role of enterprise and creative thinking as a means of achieving fast growth. The unit combines the intellectual and practical skills of the learner in the understanding and critical evaluation of the entrepreneurial process, and its emerging role in new business formation and growth. It combines the twin concepts of entrepreneurship with the management of a growing business. The unit will be of interest to anyone who wishes to manage a growing organisation as distinct from working in a larger corporate business.
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2
Unit code: M/507/1620 : Influences on Organisational Growth and Development
RQF level: 5
Overview
This unit offers an overview of the “modern world” and how the individual firm, large or small, can respond positively to a global business environment.
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3
Unit code: T/507/1621: Venture Management: Growing a Business
RQF level: 5
Overview
This unit focus on understanding the business development options that are available to faster growth organisations. The unit borrows from the literature on strategy, marketing and entrepreneurship to identify the choices that need to be made to sustain a rapidly growing business.
As well as looking at different growth models, the models look at entrepreneurial orientation and entrepreneurial learning as means of accelerating growth in smaller organisations. It also explores success and failure and how these can be measured as risk coping strategies.
It is aimed at anyone who wishes to work in a growing business by developing the enterprising mindset that facilitates creative thinking.
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4
Unit code: A/507/1622 : Marketing for Growth Organisations
RQF level: 5
Overview
The key themes to this unit examine the ways in which successful firms become market orientated to include becoming customer centred and creating sustainable competitive advantages. Core marketing concepts such as differentiation, value added and positioning are used to show how growth firms respond and adapt to changing market environments.
This unit will be of interest to anyone who wishes to explore new market opportunities, within an existing growth firms by creating a new business within a business.
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5
Unit code: F/507/1623 : Developing and Launching a New Business
RQF level: 5
Overview
The unit provides an appreciation of the role entrepreneurial thinking with reference to business start-up process and the preparation of a business plan. The unit looks at the ways in which successful firms research plan and test a business idea and the early stages of setting up a business.
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6
Unit code: J/507/1624 : Social Enterprise and Third Sector Organisations
RQF level: 5
Overview
This unit will allow learners to understand the essence of entrepreneurship, management and leadership in social organisations and whether this differs from the same elements in any other for profit business. It concentrates on matching social goals with revenue streams to create a social organisation that is self-sufficient and can deliver services to vulnerable members of the community.
Emphasis is placed on identifying new revenue streams that will ensure the independence of a third sector organisation. Consideration is also given to the role of stakeholders and how their expectation can be managed.
• QUALIFI Level 6 Diploma in related areas.
• Bachelor’s degree final year.
• Employment in an associated profession.
