Diploma of Business Studies

Get a head start on university with a Diploma of Business Studies

Key Information

Duration

Stage 1:  8 or 12 months

Stage 2:  8 or 12 months

Intake Dates

February, June, October

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Campus Location

Coglin Street Campus

Programs are delivered through a variety of modes, not excluding online studies

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Fees

Stage 1: A$27,700 (A$3,462.5 per module)

Stage 2: A$35,200 (A$4,400 per module) 

FEE-Help available

CRICOS Code: 088633F

Program overview

Your pathway to Flinders University

The Diploma of Business Studies is a two-stage program. The program consists of Stage 1 (2 or 3 trimesters) and Stage 2 (a further 2 or 3 trimesters), making a total study period of 4 – 6 trimesters.

Students who have completed Year 11, or equivalent, enter Stage 1. Students who have completed Year 12, or equivalent, enter Stage 2 and receive credit for Stage 1.

The subject material covered in Stage 2 of the Diploma of Business Studies is the same as what is studied in the first year at Flinders University. For the majority of programs you can enter your second year at university, or depending on the degree receive credit for coures studies in your Diploma of Business Studies.

Program structure

Required modules (Stage 1)

Students study 8 core modules from the below list:

Required modules (Stage 2)

Students choose 8 modules from a range of core modules and elective modules. Students will be counselled by Eynesbury academic staff to ensure the electives they choose will meet university requirements.

This module introduces students to identifying, recording, and reporting business events and transactions for decision-making. Students will develop an understanding of principles and concepts in the conceptual framework. Students will learn the fundamentals of the double entry accounting system and preparing financial statements alongside the practical aspects of using a computerised accounting system. Specific topics include accounting for inventories, accounts receivable, non-current assets, liabilities and equity.

Business and Society provides an introduction to the relationship between society, business, government, and the not-for-profit sector. It considers the historical and cultural influences on that relationship and the responsibilities of professionals as managers, practitioners, employees and customers. It provides the foundation for future study in the Business School courses.

This module examines firm investment and distribution decisions in the context of a capital market structure and efficiency. Valuation methods are developed for valuing projects and securities. Basic portfolio theory is discussed to develop simple asset pricing models and used for determining the cost of capital for use in investment evaluation. The implications of different financing options (debt and equity) are considered and elementary capital structure theorems are presented, in relation to which the dividend decisions are analysed. The question of market efficiency is considered and its implications for trading strategies are discussed.

Introduction to the concepts of employability and career planning/management; knowledge and tools to enhance career decision-making through exploration of self, the world of work, recruitment and selection methods, and career-focused opportunities; development of career self-marketing skills and techniques.

Time value of money: principles of compounding and discounting; financial markets: functions and operations of the financial markets for debt and equity securities; financial instruments: properties, uses and valuation of typical financial instruments: equities, bonds, bills and discount-type instruments; financial institutions: operations and role of banks and managed/superannuation funds: bank regulations; risk and financial instruments: identifying and describing risks.

Introduction to contemporary management and the four management functions, planning, organising, leading and controlling; the nature of the internal and external environments including culture, diversity and the international dimensions. The nature of decision making, motivation and managing change.

This module introduces students to the role and contribution of Marketing to organisations and enterprises today. Marketing and marketing people are used in, and by, most types of organisations both big and small. The course will cover the main concepts and principles that underlie marketing thinking and practice.

The economic decisions faced by individuals, households, firms and governments; analysis of prices and output determination in the context of markets and incentives; market structures, the strengths and weaknesses of the market mechanism and the role of public policy; business cycles, inflation and unemployment; role of monetary and fiscal policy; trade and the open macroeconomy.

Business Mathematics and Statistics for decision making: time value of money and net present value calculations with applications, working with equations and graphs of straight lines, linear programming, quantitative research principles in collecting, summarising and displaying business data, index numbers, relations in categorical data, measures of association, fitting straight lines, elementary probability concepts, the normal distribution and its business applications, elementary estimation and hypothesis testing, elementary decision making with Excel spreadsheets.

Additional information

Timetable

Online and on-campus classes run between 9am and 5.30pm on weekdays (Adelaide time zone, ACST). Some modules run as 2 x 2-hour classes each week. You can also expect between 4-6 hours of private study per module, per week.

Entry requirements

Second year entry into Flinders University

Progression requirements

Enter the below degrees at Flinders University with a full year of credit from your Eynesbury Diploma of Business:

SC = Successfully Completion