Every single day across Australia, about 2.3 million businesses are engaging 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 make a profit in a competitive market.
Most of these businesses will also require a manager with business qualifications to succeed. It doesn’t matter if you’ve invented the best widget ever, you’ll get nowhere without the qualifications to market and sell your goods or services.
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 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, with the bonus of 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 $57,000, and a business diploma or business operations/administration diploma is a great starting point. A personal assistant can expect an average annual salary of $69,000, which is a smart way to see a solid return on the qualification investment. Careers such as business development manager attract salaries over $100,000, well above the average wage.
By completing your Diploma of Business (Leadership) (BSB50120), either 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. All of these benefits are available at less than a tenth the average price of an MBA, and you’re job-ready far earlier.
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In 2019, the Australian Securities and Investments Commission reported an 11.2% increase in companies entering administration. Even though opportunities vary, the marketplace of today is far more disparate and complicated than it’s ever been. For example, the retail market (which employs almost 1.3 million Australians) is going through a particularly tough time.
Given this environment, imagine how valuable a diploma of Business Administration could be for the long-term. The College for Adult Learning’s online diplomas offers real-world case studies, giving you the skills to identify and act on both problems and opportunities. A business administrator oversees all aspects of an organisation’s work, from hiring, budgets, human resources, training, and even overseeing rosters. The value of the Business Administration Diploma is in imparting creative thinking skills that can overcome the typical challenges facing all types of industries.
The business administration diploma outcomes are positive in that you’ll be job-ready quicker, and won’t run the risk of being overqualified for positions that don’t require a degree. Remember that the value of your business or business administration diploma will help you enter the workforce at a higher wage bracket, in order to earn an income to help pay for further study later on if you desire.
In 2019, a study by the Australian Institute of Management (AIM) found 72% of Australians who were leaving their jobs did so as a result of poor workplace leadership. Similarly, a survey by professional networking site LinkedIn 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 2021 at the earliest. There’s clearly a gap in the market for good leaders, and CAL’s Leadership Management diploma overs realistic value as a great starting point to help overcome this hurdle in the workforce.
The 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 it be in a workplace with two or 2,000 employees. You can make it easier and more convenient by learning theseskills online, at your own pace, with 24/7 support, through CAL. Once completed, a Diploma of Leadership Management can be your ticket to a valuable and satisfying role helping shape the workplace of the future.
Undertaking two of the three courses (Business, Business Administration and Leadership Management) as a double diploma can have advantages far 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 to in the workforce. The choice is flexible and entirely yours – and that’s the most valuable outcome of all.
The entire 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 the operations of a business, 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.
