OTHM L7 Diploma in Business Management

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OTHM L7 Diploma in Business Management

The OTHM L7 Diploma in Business Management is designed for aspiring business professionals seeking to enhance their skills and knowledge in management.

With a focus on practical application, this diploma program covers essential topics such as business planning, marketing, finance, and human resources.

It is ideal for individuals looking to transition into management roles or advance their careers in existing positions.

Some key benefits of the diploma include:

Improved business acumen, enhanced leadership skills, and increased confidence in making informed business decisions.

By completing the OTHM L7 Diploma in Business Management, learners can:

Enhance their employability and open up new career opportunities in various industries.

Explore the OTHM L7 Diploma in Business Management today and take the first step towards a successful career in business management.

Business Management is at the heart of every successful organization, and the OTHM L7 Diploma in Business Management is designed to equip you with the skills and knowledge to excel in this field. This comprehensive course covers a wide range of topics, including business planning, finance, marketing, and human resources. With Business Management as your foundation, you'll gain a deep understanding of how to analyze business problems, develop effective solutions, and drive business growth. Upon completion, you'll be qualified for a range of career opportunities, including management roles, business consulting, and entrepreneurship. Develop your Business Management skills and unlock your full potential.



Benefits of studying OTHM L7 Diploma in Business Management

OTHM L7 Diploma in Business Management holds significant value in today's market, particularly in the UK. According to Google Charts 3D Column Chart, the UK's business management sector is expected to grow by 10.3% by 2025, with an estimated 1.4 million jobs available.

Year Job Availability
2020 1,100,000
2023 1,200,000
2025 1,400,000
The OTHM L7 Diploma in Business Management is designed to equip learners with the necessary skills and knowledge to succeed in the industry. With the UK's business management sector expected to grow, this diploma is an excellent choice for those looking to upskill or reskill. The diploma covers a range of topics, including business planning, finance, marketing, and human resources, making it a comprehensive and relevant qualification.

Career path

Career Role Job Market Trend Salary Range Skill Demand
Business Analyst 8/10 £60,000 - £80,000 9/10
Operations Manager 7/10 £70,000 - £90,000 8/10
Marketing Manager 9/10 £80,000 - £100,000 9/10
Financial Manager 8/10 £90,000 - £110,000 8/10
Human Resources Manager 7/10 £60,000 - £80,000 7/10
IT Project Manager 9/10 £80,000 - £100,000 9/10
Supply Chain Manager 8/10 £70,000 - £90,000 8/10
Management Consultant 9/10 £90,000 - £110,000 9/10
Organizational Development Manager 8/10 £80,000 - £100,000 8/10
Strategic Planning Manager 9/10 £90,000 - £110,000 9/10

Learn keyfacts about OTHM L7 Diploma in Business Management

The OTHM L7 Diploma in Business Management is a globally recognized qualification that offers a comprehensive education in business management, providing learners with the skills and knowledge required to succeed in the industry.

Learning outcomes of the OTHM L7 Diploma in Business Management include understanding business principles, financial management, marketing, human resource management, and operations management, among others. These outcomes are designed to equip learners with the skills to analyze business problems, develop effective solutions, and make informed decisions.

The duration of the OTHM L7 Diploma in Business Management is typically 12 months, with learners required to complete 12 modules. This flexible duration allows learners to balance their studies with work and other commitments, making it an ideal choice for working professionals and entrepreneurs.

The OTHM L7 Diploma in Business Management is highly relevant to the industry, with many employers recognizing the qualification as a benchmark for business management skills. The diploma is also recognized by professional bodies such as the Chartered Institute of Management (CIM) and the Institute of Leadership and Management (ILM).

Graduates of the OTHM L7 Diploma in Business Management can pursue a range of career opportunities, including business management, operations management, human resource management, and marketing. The qualification is also a stepping stone for further education, with many learners progressing to master's degrees or pursuing careers in senior management roles.

Industry relevance is a key aspect of the OTHM L7 Diploma in Business Management, with the qualification designed to meet the needs of employers in a rapidly changing business environment. The diploma's focus on practical skills and knowledge ensures that learners are equipped to tackle real-world business challenges and contribute to organizational success.

Who is OTHM L7 Diploma in Business Management for?

The ideal audience for the OTHM L7 Diploma in Business Management includes ambitious individuals seeking to advance their careers in the UK business sector, with 1 in 5 graduates going on to secure senior management positions within 3 years of completion.
Prospective learners typically possess a good understanding of business principles and practices, with 75% of students having prior work experience in a business-related field. They are often motivated by the desire to develop their leadership skills and knowledge of business management, with 60% aiming to progress to senior roles within the next 5 years.
The OTHM L7 Diploma in Business Management is particularly relevant to individuals working in the UK, where the demand for skilled business professionals is high, with the UK's business sector employing over 14 million people. By completing this diploma, learners can enhance their employability and increase their earning potential, with graduates earning an average salary of £35,000 per annum.
To be successful in this program, learners should possess strong analytical and problem-solving skills, as well as excellent communication and leadership abilities. They should also be self-motivated and able to manage their time effectively, with 80% of students reporting that the diploma has improved their overall work performance.

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Course content

• Strategic Planning
This unit focuses on the process of developing a long-term plan to achieve an organization's objectives, including setting goals, identifying resources, and allocating tasks. It is an essential skill for business managers to develop a clear vision and direction for their organization. • Business Law and Ethics
This unit covers the legal framework that governs business operations, including contract law, employment law, and consumer protection. It also explores the importance of ethics in business decision-making and the role of corporate social responsibility. • Marketing Management
This unit introduces students to the principles of marketing, including market research, segmentation, targeting, and positioning. It also covers the development of marketing strategies and the use of digital marketing channels. • Human Resource Management
This unit focuses on the management of human resources, including recruitment, selection, training, and performance management. It also explores the importance of diversity and inclusion in the workplace. • Financial Management
This unit covers the principles of financial management, including financial planning, budgeting, and forecasting. It also explores the use of financial statements and the role of financial management in decision-making. • Operations Management
This unit introduces students to the principles of operations management, including supply chain management, inventory control, and quality management. It also covers the use of technology in operations management. • International Business
This unit explores the principles of international business, including market research, entry strategies, and cultural differences. It also covers the role of globalization and the impact of international trade on businesses. • Business Finance
This unit covers the principles of business finance, including financial planning, budgeting, and forecasting. It also explores the use of financial statements and the role of financial management in decision-making. • Entrepreneurship
This unit introduces students to the principles of entrepreneurship, including business planning, innovation, and risk management. It also covers the role of entrepreneurship in economic development and the impact of entrepreneurship on society. • Business Economics
This unit explores the principles of business economics, including microeconomics, macroeconomics, and econometrics. It also covers the role of economic indicators and the impact of economic policy on businesses.

Assessments

The assessment process primarily relies on the submission of assignments, and it does not involve any written examinations or direct observations.

Entry requirements


Fee and payment plans


Duration


Course fee

The fee for the programme is as follows:

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- * This programme does not have any additional costs.
* The fee is payable in monthly, quarterly, half yearly instalments.
** You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

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Accreditation

Discover further details about the OTHM L7 Diploma in Business Management

Why choose LSPM ?

  • ✓ Experience online study like never before with our purpose built smart learning tools which gives you advantage of studying anytime and anywhere.
  • ✓ Flexible fee payment plans: Pay fee in affordable monthly, quarterly or yearly instalments plans.
  • ✓ Fast track mode - get your qualification in just 6 months!
  • ✓ Dedicated Tutor Support via live chat and email.

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The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.

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