LRN
Level 7
QN: 603/1359/6
Curriculum Active
LRN Level 7 Diploma in Business Management
Official qualification regulated by Ofqual, awarded by LRN. Classified as a Vocationally-Related Qualification. Total guided learning hours: 900 hours.
Qualification Level
Level 7
Awarding Body
LRN
Syllabus Units
5 Units
Guided Hours
900 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Business Strategy, Planning and Management
Verified
Key Learning Objectives:
- Understand the nature, scope and need for strategic business management and planning in international profit and not-for-profit organisations.
- Understand a range of classical and contemporary models, concepts and tools in business strategy and planning.
- Understand the processes by which organisations identify and develop their goals and values.
- Understand the impact of political, economic, social, technological, environmental and legal factors on an organisation.
- Understand the key forces that represent both opportunities and threats to organisations whether for profit or not-for-profit.
- Understand the strategy process for an organisation to achieve competitive advantage.
- Understand the future challenges affecting strategic business management and planning.
2
Corporate Strategy, Governance and Ethics
Verified
Key Learning Objectives:
- Know how to analyse the business environment and development of a business organisation which operates worldwide.
- Understand the relationships between an organisation’s resources, product/services and its environment.
- Know how to evaluate business ethics from a worldwide perspective.
- Understand the concepts and perspectives of Corporate Governance in an organisation which operates worldwide.
- Understand the impact of corporate social and environmental responsibility on organisations.
- Understand how organisations manage corporate governance and ethics in order to achieve corporate goals.
- Know how to implement and monitor ethical and governance issues in developing an appropriate corporate strategy.
3
Financial Resources and Performance Management
Verified
Key Learning Objectives:
- Know how to use financial statements to evaluate performance, and understand the limitations of such analysis.
- Know how to use, and appraise the effectiveness of, management accounting information in the planning and control of an organisation’s resources.
- Know how to critically appraise and evaluate contemporary management accounting methodology to support the effective management and control of resources.
- Know how to identify and critically assess the management and performance of tangible and intangible resources in business strategy and planning.
- Understand organisational objectives and alternative finance available to fund the achievement of these objectives.
- Know how to use financial data, techniques and tools to evaluate long term capital decisions.
- Understand the international aspects of financial strategy.
- Understand the sources and consequences of risk for organisations and know how these risks may be managed.
4
Leadership, Change and People Management
Verified
Key Learning Objectives:
- Understand the contribution that an organisation’s employees can make to competitive advantage and the advancement of the strategic vision and values.
- Understand and be able to apply appropriate strategies for people resourcing, retention and development.
- Understand strategies for enhancing employee commitment and engagement within an organisation.
- Understand the potential value of leadership approaches linked to High Performance Working (HPW) at all levels in the organisation (strategic, managerial and operational/tactical).
- Understand and be able to implement the theories, concepts and techniques associated with organisational change.
- Know how to apply the capabilities associated with the effective management of change, and be able to maximise the contribution of people, within an HPW culture.
5
Research methods and their application to marketing
Verified
Key Learning Objectives:
- Understand the role of research methods as used in business.
- Understand how to research methodologies that relate to business research.
- Understand how to develop research designs from quantitative and qualitative perspectives.
- Understand how to set research objectives and plan a research project.
- Understand management, business and marketing theory and the relevant literature from varied sources that contribute to the research project.
- Understand how to determine a specific marketing related research issue, set research objectives
- plan and carry out a research project, critically analyse and evaluate evidence, and report the findings and outcomes.
- Know how to design the data collection surveys from quantitative and qualitative perspectives
- evaluate the contrasting research methodologies and determine the best approaches to obtain the required data.
- Understand how to write up the results of the project as a business consultancy report.
Regulatory & Verification Details
- Qualification Number (QN)
- 603/1359/6
- Regulated Status
- Available to learners
- Awarding Body
- LRN
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- May 2017