Diploma in Business Administration

Strategic Management:

Strategy by itself means the step by step approach put in place by an individual or group of people to achieve a set goal. Strategic management therefore, is the formulation and implementation of objectives and goals by the management of an organization based on the amount of resources available to that organization and the amount of competitors it has in its internal and external environment. Simply put, it is managing the resources of an organization to meet its set out goals. Strategic management can therefore be divided into two parts: firstly, the identification of goals and objectives and the measures put in place to actualizing them, and secondly, the process of actually implementing them.

Aims:

This module was designed to make students understand the importance of first defining your goals and objectives before setting out strategies to attain them as strategy is not only limited to having a successful business, but it is also implemented in other spheres of life like politics, sports and war. This module is also important because it incorporates all other modules together by fusing management, leadership, vision and mission statement, mergers and acquisition, and corporate strategies.

Objectives:

By the end of the class, the students should be able to:

1. Define and explain what strategic management is.
2. Distinguish between the internal and external forms of strategy.
3. Explain and illustrate the models of business and corporate strategies as related to global strategies.
4. Explain the different ways of carrying out strategy to actualize organizational goals.

Economics:

As we all know, the term “economics” can be defined in different contexts, but primarily, economics is a social science that deals with the study of production of goods and service, taking into consideration, the way these goods and services are being distributed and consumed. It is also the study of the implementation of resources, response to incentives, scarcity and decision making. The study of economics is so important that there is no human endeavor, business establishment or government parastatal that can do without it. It is so vast as it cuts across various disciplines.

Aims:

The essence of this module is to introduce economics to them in a whole new level. The economic principles, factors for economic analysis and the study of the elasticity of demand and supply. Microeconomics and macroeconomics will also be discussed in details. The students will also be exposed to the income and expenditure, choices, imperfection of the market system, and the effects of governmental policies. Other important topics like international trade policies, public policies and the world economy will be treated in details.

Objectives:

By the end of the class, the students should be able to:

1. Define economics and state its application in real life.
2. Differentiate between demand and supply in the market place.
3. State the roles of banking and explain the concept of interest rates and fiscal policies.
4. Differentiate between income and wages.
5. Explain the effect of governmental policies to the market.
6. State the similarities and differences between microeconomics and macroeconomics.
7. Define unemployment, stating its types, causes and effects to the society.

Operations Management:

Operations management (OM), is the aspect of management that deals with the design and control of the factors of production as well as remodeling the organizational operations in the production of goods and services. It also entails using scarce or limited resources as effectively as possible to attain maximum products to satisfy the consumer. Operational management is concerned with converting labor and raw materials into finished goods and services to attain maximum profit as possible.

Aims:

The aim of this module is to make students understand the necessity of operations to management in an organization. They will also be introduced to the factors of production as a key to implementing operational management. They will understand the idea of an effective supply chain and the importance of Quality Assurance and Control in the operational sphere. Other topics that will be covered include planning for production, project management and inventory management.

Objectives:

By the end of this course, students should be able to:

1. Define operational management and state its importance to an organization.
2. State the functions of an operations manager as related to the market he covers.
3. Explain what a Period Order Quantity is and state ways of viewing it.
4. Illustrate the relationship between production and operational management as related to manufacturing of goods and services.
5. Outline challenges faced by operational managers I real life and suggest solutions to these problems.

Business Communication:

Communication is the process of transferring information from one source to another, with the receiving source acknowledging to the sender through a feedback that the message has been received. Business communication therefore, is the act of sharing information between individuals or group of people in and outside an organization with the essence of boosting the commercial advantage of the company. The company can choose to use different means to achieve this like the print and electronic media. Business communication is very necessary as this is the way customers, staff and management all meet at a general consensus to achieve organizational goals and objectives.

Aims:

The aim of this course is for the students to understand the concept of effective business communication and its importance to actualizing organizational goals and objectives. Students will be exposed to ways and methods of presenting business communication like using reports, presentations, board meetings, face to face meetings, video conferences and telephone messages.

Objectives:

By the end of this course, students should be able to:

1. Define and explain the concept of effective business communication.
2. Explain and illustrate the three steps processes for writing.
3. Use simple drafted messages to communicate effectivity in a business setting.
4. Use both formal and informal written or oral presentations to convey business information.
5. State ways on how to write employment letters and how to communicate effectively during interviews.

Enrolment Requirements:

Academic Requirements:

• 3 GCE ‘O’ Levels OR
• Completed secondary school level in their home countries; or equivalent OR
• Should have completed 10 years of formal education OR
• Relevant Certification(related to the field of studies), from other recognized local/overseas polytechnics or other PEIs

Language Requirements:
Applicants are required to possess one of the following:

• At least a pass for English (EL1) at GCE ‘O’ Levels or equivalent
• Achieve a minimum band of 5.0 in IELTS or equivalent
• Pass the English Placement Test conducted by BizChamp
• A pass grade in the Chinese Language proficiency for the student who is taking the Diploma in Chinese/Mandarin-medium.

Work Experience:

• No working experience is required for this course.

Age requirements:

• Candidates must be a minimum of 18 years of age as at the time of application.

Course information:

• Course Duration:
  6 months
• Course Developer:
  BizChamp International College
• Qualification Awarded:
  Diploma
• Awarding institution:
  BizChamp International College
• Awarding Country:
  Singapore
• Delivery Method:
  Hybrid
• Mode of Learning:
  Part time basis
• Type of Assessments:
  Written Examination 60%
  Assignment: 40%
• Course Fee:
  S$5880.00
• Intake:
  Every fifth week.
• Teacher to Student Ratio:
  1:43
• Course Commencement Date
  See Schedule