Every day across Australia, about 2.3 million businesses engage in the marketplace. Almost 900,000 of these employ at least one person, apart from the owner. All these businesses are trying to carve a niche and profit in a competitive market. Many businesses will also require a manager with business qualifications to succeed. It doesn’t matter if you’ve invented the best widget ever – without the knowledge to market and sell your goods or services (which you can attain through a qualification), you won’t get very far.
The long-term value of the Diploma of Business (Leadership) (BSB50120) means that you don’t need to set aside four years (part-time) and an average of nearly $50,000 to complete a Master of Business Administration (MBA) degree to succeed in the marketplace.
Online diplomas in business, business operations (and administration), and leadership management can be undertaken in less time than an MBA, for a fraction of the price. You can complete the diploma at your own pace, but most importantly, you’ll be job-ready from the moment you graduate. As a bonus, the list of jobs you qualify for will be virtually endless.
The demand for graduates with business-related diplomas is high. For example, hundreds of retail store manager jobs are vacant in Australia at any given time. The average salary is $60,000 and a business diploma or business operations diploma is a great starting point. A personal assistant can expect an average annual salary of $72,000 – a smart way to see a solid return on the qualification investment. A role such as business development manager attracts salaries over $100,000, well above the average wage.
By completing your Diploma of Business (Leadership) (BSB50120) before or after you commence work in a related field, you open the door to hundreds of career opportunities. By studying online, you can be qualified after just 12 months, while getting all the support you need. These benefits are available at less than a tenth of the average price of an MBA, plus you’re job-ready far earlier.
In 2019, ASIC reported an 11.2% increase in companies entering administration. Even though opportunities vary, today’s marketplace is far more disparate and complicated than ever. For example, the retail market (which employs almost 1.3 million Australians) is having a tough time.
Given this environment, imagine how valuable a Diploma of Business (Operations) (BSB50120) could be in the long term. The College for Adult Learning’s online diplomas offer real-world case studies, giving you the skills to identify and act on problems and opportunities. A business administrator oversees all aspects of an organisation’s work, from hiring, budgets, human resources, training, and overseeing rosters. The diploma’s value is in imparting creative thinking skills that can overcome the typical challenges facing all types of industries.
The business diploma outcomes are positive in that you’ll be job-ready quicker and won’t risk being overqualified for positions that don’t require a degree. Remember that the value of your business or business operations diploma will help you enter the workforce at a higher wage bracket. Your higher income can even help pay for further study later on if you desire.
A LinkedIn survey discovered that almost 70% of Australian and New Zealand human resources leaders say it’s difficult to fill leadership positions. In most circumstances, they couldn’t see the situation improving before a year at the earliest. There’s a gap in the market for good leaders and a leadership management diploma offers a great starting point to help overcome this hurdle in the workforce.
The leadership management diploma outcomes are both valuable and varied. You’ll learn the ins and outs of business protocols and processes and better understand how to promote productivity. All businesses benefit from having better leaders, whether the workplace has two or 2,000 employees. You can make it easier and more convenient by learning these skills online. Once completed, a Diploma of Leadership Management (BSB50420) can be your ticket to a valuable and satisfying role in helping shape the workplace of the future.
Undertaking two of the three courses (Business, Business Operations or Leadership Management) as a double diploma can have advantages beyond the sum of their parts. Ultimately, you get to choose your diploma(s) based on the time you have available, where your interests lie, and where you want to start and progress in the workforce. The choice is flexible and entirely yours – and that’s the most valuable outcome.
The BSB training package has undergone a review and overhaul from PWC and AISC. In October 2020, the new Diploma of Business (Operations) (BSB50120) course was announced, superseding and expanding on the older Diploma of Business Administration (BSB50415). The Diploma of Business (Operations) (BSB50120) focuses on business operations, particularly key transferable skills in business administration, finance and communication, to create a more holistic and future-focused business qualification. Learn more about the Diploma of Business (Operations) (BSB50120) here.
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