Diploma of Business Management - BSB50401

Code and title of qualifications
BSB50401 – Diploma of Business Management

Diploma of Business Management
Requiring 8 units for the qualification, consisting of:
• A minimum of 5 units from the Strategic Management Domain.
• 3 Units from the Business Services Training package or any other endorsed training package, of which a minimum of 2 units must be from a Diploma qualification and 1 unit may be included from a Certificate IV or Advanced Diploma qualification.

Units of Competency
Strategic Management units at Diploma are:

Core Units
BSBMGT 501A Market services and concept to internal customers
BSBMGT 502A Manage people performance
BSBMGT 503A Prepare budgets and financial plans
BSBMGT 504A Manage budgets and financial plan
BSBMGT 505A Ensure a safe workplace
BSBMGT 506A Recruit, select and induct staff
BSBMGT 507A Manage environmental performance
BSBMGT 508A Mange risk management system
BSBMGT 509A Mange a knowledge management system
BSBMGT 510A Determine needs of customer populations
BSBMGT 511A Develop a business opportunity
BSBMGT 512A Manage relationships in a family business
BSBMGT 513A Plan for family business succession
BSBMGT 514A Plan and manage growth in a family business

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