VTCT Skills
Level 3
QN: 603/1250/6
Curriculum Active
VTCT Skills Level 3 Diploma in Business Studies
Official qualification regulated by Ofqual, awarded by VTCT Skills. Classified as a Vocationally-Related Qualification. Total guided learning hours: 1100 hours.
Qualification Level
Level 3
Awarding Body
VTCT Skills
Syllabus Units
20 Units
Guided Hours
1100 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Based finance costing
Verified
Key Learning Objectives:
- Understand the nature and role of costing systems within an organisation
- Understand how to record and analyse cost information
- Understand absorption costing
- Understand the use of budgets in managing costs
- Understand the use of costing information in decision making
2
Business principles
Verified
3
Developing teams in a business
Verified
Key Learning Objectives:
- Understand teams in a business
- Understand the structure of effective work teams
- Understand how to establish an effective work team
- Understand how to develop team members
- Understand the features of a high performing team
4
Entrepreneurism and business start-up
Verified
Key Learning Objectives:
- Understand entrepreneurship
- Understand how entrepreneurial ideas are generated
- Understand how to assess the feasibility of an entrepreneurial idea
- Understand ways of financing a new business venture
- Understand how to develop a Business
- Plan for a new venture
- Understand the risks associated with setting up a new business
5
Financial appraisal of projects
Verified
Key Learning Objectives:
- Understand the time value of money
- Be able to determine the financial benefits of a project using Net Present Value
- Be able to recommend project/investment choices based on Internal Rate of Return
- Be able to use the Return on Capital Employed to appraise investment options
- Be able to calculate when a project will repay the investment
6
Human resource management policy and legal dimensions
Verified
Key Learning Objectives:
- Understand the range of policies that apply to human resource management
- Understand the legislation impacting on human resource management
- Understand contracts of employment
- Understand the termination of contracts of employment
7
Identifying human resource requirements for a business
Verified
Key Learning Objectives:
- Understand the planning of human resource needs in a business
- Understand when and how to recruit human resources
- Understand how to set recruitment requirements for a vacancy
8
Introduction to accounting
Verified
9
Managing innovation and change
Verified
10
Managing non-financial resources in a business environment
Verified
11
Managing the marketing mix
Verified
12
Managing the performance of human resources
Verified
Key Learning Objectives:
- Understand what motivates employees
- Understand how organisational culture affects employee commitment
- Understand performance appraisal
- Understand how to develop a training plan for a business
13
Market research and analysis
Verified
Key Learning Objectives:
- Understand market research
- Understand approaches to environmental scanning
- Understand customer segmentation
14
Marketing strategies and plans
Verified
Key Learning Objectives:
- Understand strategies for growth
- Understand how to develop a marketing plan
15
Motivation and leadership of people in business
Verified
Key Learning Objectives:
- Understand the attributes of successful leaders
- Understand the range of leadership styles that may be adopted
- Understand what motivates employees
- Understand the role of culture in motivating employees
16
Principles of finance
Verified
17
Principles of leadership and management
Verified
18
Promoting products and services
Verified
Key Learning Objectives:
- Understand the development a brand
- Understand the promotion of products and services
- Understand promotional campaigns
- Understand the potential of internet marketing
19
Recruiting human resources for a business
Verified
Key Learning Objectives:
- Understand the role of paper
- work in staff recruitment
- Understand how to advertise a job vacancy
- Identify ways of applying for a job vacancy
- Understand how to implement a selection process
20
Strategic planning
Verified
Key Learning Objectives:
- Understand strategy in the context of a business
- Understand the process of strategic planning
- Understand strategic analysis
- Understand strategic choices and directions
Regulatory & Verification Details
- Qualification Number (QN)
- 603/1250/6
- Regulated Status
- Available to learners
- Awarding Body
- VTCT Skills
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Apr 2017