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Diploma of Business

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Course Description

  • Diploma of Business

    BSB50120 Diploma of Business

    Are you a born leader? Knowing a little about a lot is a helpful skill to managing teams in a business environment and ensuring that the staff with the right skills, are handling the right jobs and creating innovative solutions for change. 

    This qualification contains multiple streams which you can choose from depending on the specific skill set you wish to attain.

    This qualification reflects the role of individuals in a variety of Business Services job roles. These individuals may have frontline management accountabilities.

    Individuals in these roles carry out moderately complex tasks in a specialist field of expertise that requires business operations skills. They may possess substantial experience in a range of settings, but seek to further develop their skills across a wide range of business functions.

    On successful completion of this course, you will be awarded a Diploma of Business (BSB50120).

    Depending on the stream you choose, possible job outcomes may include:

    • Executive Officer
    • Program Consultant
    • Program Coordinator
    • Team Leader
    • Administration Manager
    • Office Manager
    • Contact Centre Manager

    There are no formal prerequisite units required for entry into this course.

    You will however require intermediate English language, literacy and numeracy (LLN) skills.

    Before commencing this course, you may be required to undertake an Online LLN ASSESSMENT. You can complete this higher level LLN test here now!

    If you are completing the course via an online or RPL delivery mode, you will need access to a computer with word processing, PDF reader capabilities and an internet connection.

    Before enrolling with Asset College, please ensure you are fully informed by reading our Student Handbook.

    Please be advised we are unable to train students on a student visa. You must find a CRICOS registered training provider.

    You will need to provide on enrolment:

    • Enrolment Form
    • USI
    • Photo Identification
    • Completion of LLN assessment or provide copies of previous qualifications
    • Payment

    To complete this course you must demonstrate competency in a total of 12 units.

    Core Units

    • BSBCRT511 Develop critical thinking in others
    • BSBFIN501 Manage budgets and financial plans
    • BSBOPS501 Manage business resources
    • BSBSUS511 Develop workplace policies and procedures for sustainability
    • BSBXCM501 Lead communication in the workplace

    Elective Units*

    Elective Group A (Completed by all students)

    • BSBOPS504 Manage business risk
    • BSBOPS601 Develop and implement business plans

    Choose from one of the following specialisations

    Electives (No Specialisation)

    • BSBLDR523 Lead and manage effective workplace relationships
    • BSBLDR601 Lead and manage organisational change
    • BSBPEF501 Manage personal and professional development
    • BSBOPS502 Manage business operational plans
    • BSBLDR522 Manage people performance

    Electives (Operations Specialisation)

    • BSBOPS502 Manage business operational plans
    • BSBPMG430 Undertake project work
    • BSBHRM525 Manage recruitment and onboarding
    • BSBPMG530 Manage project scope
    • BSBTWK503 Manage meetings

    Electives (Leadership Specialisation)

    • BSBOPS502 Manage business operational plans
    • BSBLDR522 Manage people performance
    • BSBLDR523 Lead and manage effective workplace relationships
    • BSBPEF501 Manage personal and professional development
    • BSBTWK502 Manage team effectiveness

    Electives (Organisational Development)

    • BSBOPS502 Manage business operational plans
    • BSBCRT412 Articulate, present and debate ideas
    • BSBPEF401 Manage personal health and wellbeing
    • BSBSTR502 Facilitate continuous improvement
    • BSBPEF502 Develop and use emotional intelligence

    Compliance specialisation coming soon!

    You can view the full list of units available to study within this qualification on

    *If you wish to change one or more of your elective units please contact us. While we endeavour to be able to provide all options, changes to elective units cannot be guaranteed. The cost for custom unit packaging is $500 per qualification for full study or $250 for RPL.

    Standard Online Delivery

    1 unit per month for up to 12 months. Includes regular contact with a trainer. Should allow 20 – 25 hours per week to study.

    Accelerated Learning

    For people with prior knowledge, skills or qualifications. 2 units per month for up to 6 months. Should allow 30 – 40 hours per week to study.

    Assessment Only / RPL

    For people with evidence of their extensive experience.

    We aim to have all RPL assessments finalised within 12 weeks but it is usually much quicker. The actual timeframe depends on the course you are seeking RPL for, how long it takes you to supply the evidence and how long it takes us to verify your evidence.

    You can complete our Free Skills Assessment right now to determine if this is the right option for you.

    Custom Enrolment

    If you wish to customise your course, change your elective units or study load please contact us to request an individual learning plan.

    The number of hours outlined is a guide only and each individual will learn at a different pace. Students may request an extension or submit their assessments early as required to suit their individual learning needs.

    Online Resources

    Asset College delivers this qualification completely online. For some courses, learning material is not able to be printed or downloaded by students into PDF or Word format for offline purposes. If you would like to discuss printed materials, please contact us prior to enrolment.

    Other Information

    On enrolment, you will receive a customised training plan. This training plan will list all units of competency you will complete within this qualification along with their due dates for submission. Students must be submitting units by the due dates outlined on your training plan or an extension application will be required.

    Online Study – $5270

    RPL – $2700

    Payment Options

    Online Study

    1. Pay as you go

    Pay for each unit of your course as you commence it. Please view our Course Fees brochure to see first payment required plus fee per unit for your specific qualification.

    2. zipMoney – From $220 a week over 6 months

    Up to 6 months interest free on zipMoney. Best for people with an existing zipMoney account.


    Individualised quotes will be discussed with our RPL Manager after submission of a free skills assessment. Please read the full outline on our RPL process here.

    1. 2 split payments

    Pay 50% of the course fees to begin your RPL, with 50% due on completion before your certificate is issued.

    2. zipMoney payment plan

    Other Information

    Please read our Course Fees and Refund policy here.

    For information about studying this qualification under a traineeship arrangement please click here.

    Extension Request Fees

    Should you require an extension on your study, the following applies:

    Full Qualification
    One Month$150
    Six Months$300
    Single Unit
    One Month$50
    Six Months$150

    Assessment Re-Submission Fees

    Should you be deemed not competent after 2 attempts at a unit of competency, an assessment re-submission fee of $50 will apply per assessment.


    Should you wish to cancel your course or your enrolment is cancelled by us due to no progress and you then wish to re-enrol, a re-enrolment fee of 25% of the standard course fee will apply if requested within 3 months of initial cancellation. If re-enrolment is requested within 4 – 12 months of initial cancellation, 50% of the standard course fee will apply.

    After completing this course you may wish to further your studies with:

    Student Testimonials

    The instructor was an absolutely amazing instructor. He had a wealth of knowledge and experience and delivered lectures with detail and a little humour which makes for a perfect learning environment..

    Michael SlorachFormer student

    Engaging. Everyone is part of the learning experience. I received support from everyone. The visual learning was easy to understand and acknowledge. Through their reassurance my motivation held strong throughout the course.

    Gail CarterFormer student

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