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All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
| SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
| REGISTERED QUALIFICATION: |
| Diploma in Business Management |
| SAQA QUAL ID | QUALIFICATION TITLE | |||
| 112051 | Diploma in Business Management | |||
| ORIGINATOR | ||||
| IQ Academy | ||||
| PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | NQF SUB-FRAMEWORK | |||
| - | HEQSF - Higher Education Qualifications Sub-framework | |||
| QUALIFICATION TYPE | FIELD | SUBFIELD | ||
| Diploma (Min 360) | Field 03 - Business, Commerce and Management Studies | Finance, Economics and Accounting | ||
| ABET BAND | MINIMUM CREDITS | PRE-2009 NQF LEVEL | NQF LEVEL | QUAL CLASS |
| Undefined | 360 | Not Applicable | NQF Level 06 | Regular-Provider-ELOAC |
| REGISTRATION STATUS | SAQA DECISION NUMBER | REGISTRATION START DATE | REGISTRATION END DATE | |
| Reregistered | EXCO 0821/24 | 2019-09-09 | 2027-06-30 | |
| LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
| 2028-06-30 | 2033-06-30 | |||
| In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This qualification does not replace any other qualification and is not replaced by any other qualification. |
| PURPOSE AND RATIONALE OF THE QUALIFICATION |
| Purpose:
The Diploma in Business Management has been designed to provide learners with a well-rounded education and a solid foundation in the fields of general management and, in particular, business management, whether within a non-profit or profit organisation. The qualification contains a solid theoretical component across core business disciplines. Foundation-type modules imbedded in the curriculum act as scaffolding, to assist learners to cope with the academic, theoretical concepts and practical aspects of the qualification. Special emphasis is placed on the importance of sustainability and ethical business practices, which are deemed highly relevant within the South African context. Together with the competencies in the managerial functions and skills, there is an ever- increasing need for learners to be able to apply their thinking towards making decisions and solving problems in a complex space in which businesses exist today. This complexity is introduced by a rapidly and frequently changing environment, with advances in technology leading the way. In order for the country to remain competitive in the global market, there is a need to produce competent learners who are able to contribute to and lead teams and manage staff across all levels of the organisation. As the learners' knowledge deepens, so does their practical exposure through experiential learning and other Work Integrated Learning (WIL) components. To achieve this, years of study build onto the foundational knowledge gained at the start of the qualification in order to keep abreast with the qualification's vocational nature. Rationale: Government, business and the labour market have expressed the current and future needs for competent first-line and middle level management to grow the economy. This qualification is therefore a response to the workplace need for competent managers across all economic sectors. The National List of Occupations in High Demand (2018) reflects a great need for Managers to occupy six out of the top ten listed occupations in the highest demand. In particular, the need for more Finance Managers holds fifth place whilst the need for Corporate General Managers holds tenth place (Department of Higher Education, 2018). Although these two occupations/professions may be specific to their fields, the principles of general management that will be presented in this qualification still apply. From an employment outlook, the World Economic Forum rates business and financial operations as the most likely "job family" to create global employment. Business management is important to organisations as it provides a foundation for understanding the various facets of business. Given the variety of activities that occur in a business, a well-rounded learner with a broad, encompassing view of all business functions will be an asset to any organisation, particularly here in South Africa where the demand for managers is high. Qualifying learners will be equipped with a healthy mix of theoretical and practical skills in the core business disciplines in order to meet the increasing demand for managers. In addition, the attitudes and values needed to conduct professional and ethical business practices are inculcated in the approach to, and delivery of, this qualification. Should the learner, on completion of the qualification, decide not to pursue further studies, the following careers, among others, will be an option: The most appropriate learning pathway within which the qualification resides is general business management. It builds on the Higher Certificate in Business Management. Learners may also pursue further studies towards an Advanced Diploma or a Bachelor's qualification in Business Management or a cognate discipline. Government, business and labour have expressed their current and future needs for competent, first-line and middle-level management to grow the economy. This qualification is in response to the workplace need for competent managers across all sectors of the South African economy. The Diploma in Business Management equips learners with 21st Century skills which will enable them to not only cope with the demands of a dynamic workplace, but to grow as productive citizens. |
| LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
| Recognition of Prior Learning (RPL):
The following alternative access routes are available to applicants who do not meet the minimum requirements: Entry Requirement: The minimum entry requirement for this qualification is: Or Or Or Or |
| RECOGNISE PREVIOUS LEARNING? |
| Y |
| QUALIFICATION RULES |
| This qualification consists of the following compulsory modules at National Qualifications Framework Levels 5 and 6 totalling 360 Credits.
Compulsory Modules, Level 5, 120 Credits: Compulsory Modules, Level 6, 240 Credits: |
| EXIT LEVEL OUTCOMES |
| 1. Apply managerial competencies and integrate elements of ethics into the managerial principles of planning, organising, leading and control.
2. Apply contemporary management principles effectively and efficiently in organisations. 3. Describe how the various functional management areas fit into the broader field of business management. 4. Use a sound project management methodology, execute a project from initiation to conclusion. 5. Construct, implement and control a strategic plan for an organisation. 6. Develop a business plan for a new business venture and apply kills of managing a new business. 7. Apply the principles of personal and corporate financial management. 8. Understand the role of global business and international management. 9. Apply the principles of good corporate citizenship in an organisation. |
| ASSOCIATED ASSESSMENT CRITERIA |
| Associated Assessment Criteria for Exit Level Outcome 1:
Associated Assessment Criteria for Exit Level Outcome 2: Associated Assessment Criteria for Exit Level Outcome 3: Associated Assessment Criteria for Exit Level Outcome 4: Associated Assessment Criteria for Exit Level Outcome 5: Associated Assessment Criteria for Exit Level Outcome 6: Associated Assessment Criteria for Exit Level Outcome 7: Associated Assessment Criteria for Exit Level Outcome 8: Associated Assessment Criteria for Exit Level Outcome 9: Integrated Assessment: Assessment of competence is achieved through a combination of formative and summative assessment methodologies, tools and procedures. Assessment practices are fair, transparent, valid and reliable so as not to discriminate against learners in an unjust or invalid way. The purpose of assessment is to determine whether a learner has met the Exit Level Outcomes of the qualification in terms of theory and practice. Integrative techniques are therefore used to assess applied competence. Learners will be required to demonstrate that they can perform the Exit Level Outcomes with understanding and insight. Assessment will ensure that all Exit Level Outcomes are evaluated. |
| INTERNATIONAL COMPARABILITY |
| The following comparable qualifications are offered within the context of the internationally comparable qualifications:
The Open University (United Kingdom) offers a Diploma of Higher Education in Business. This qualification looks at how businesses are organised, how strategies are developed, risk is handled and decisions are made, and how all these factors impact on the business organisation. It provides the learner with a general understanding of business organisations and their structures and cultures; wider considerations such as environments, markets and processes; and how all these work together to contribute to organisational success. The core business functions such as accounting, marketing and finance are explored. Oxford Business College in the United Kingdom offers a Higher National Diploma in Business. This is a 12-month qualification that provides an intensive, fast-track route to the 2nd or 3rd year of a university Degree. The following comparable modules are presented in this Higher National Diploma in Business, namely: Business Environment; Managing Financial Resources and Decisions; Marketing Principles; Business Decision Making; Business Strategy; Research Project; Working With and Leading People; Small Business Enterprise; Operations Management in Business; and Project Management. New South Wales TAFE in Australia offers a Diploma in Business. This Diploma in Business aims to provide the learner with a broad range of general business skills. The qualification covers a range of competencies including planning e- marketing communications, managing risk, managing budgets and financial plans, managing recruitment selection and induction processes, identifying and evaluating marketing opportunities, developing workplace policy and procedures for sustainability, and managing operational plans. The learner will develop skills in managing meetings, finances and people, leading projects and understanding marketing and human resources. American College (America) offers a Diploma in Business Administration. This Diploma in Business Administration is designed to prepare learners for entry-level positions in private and public organisations and for higher studies in business. The aims and objectives of the qualification are to: The following comparable modules are presented in the Diploma in Management, namely: Principles of Microeconomics; Principles of Macroeconomics; English Communication; English Writing; Financial Accounting; Management Information Systems; Principles of Marketing; Principles of Management; Business Policy and Strategic Management; International Economics; Production and Operational Management; Management Theory and Practice; Human Resource Management; and Business Ethics. The Diploma in Business Management can be said to be internationally comparable in terms of the broad content provided in the four international qualifications. The primary themes covered in all four qualifications namely, the business environment, principles of business management, accounting, marketing, human resource management, production, operations, communication, writing, decision making, strategy, ethics, etc. are all evident in the Diploma in Business Management. |
| ARTICULATION OPTIONS |
| This qualification allows possibilities for both horizontal and vertical articulation.
Horizontal Articulation: Vertical Articulation: |
| MODERATION OPTIONS |
| N/A |
| CRITERIA FOR THE REGISTRATION OF ASSESSORS |
| N/A |
| NOTES |
| N/A |
| LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: |
| NONE |
| PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION: |
| This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
| NONE |
| All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |