NZIM Diploma in Management Level 5 & NZIM Diploma in Management Advanced Level 6

Aim of course:

To provide students with a thorough grounding in business and management practice. This programme has a focus on generic skills for professional managers

Outcomes:

At the end of Level 5 students will have knowledge and skills relating to general management, business communication, working in groups, applied research and leadership. Graduates of Level 6 will build on skills of management. This programme serves as a link between management theory and practice for both students with little management experience and managers with little academic experience.

Entry requirements:

•    NZIM Certificate in Management or

•    NCEA Level 2 or above or completion of an equivalent course of study approved by ICA

•    International students should be over 16 years and have IELTS of 6.0 or equivalent for entry into the first year of this 2 year course.

Course details:

Course Length: 80 weeks (Not including holidays)

Class Timings: Monday to Friday 9am to 5.30pm

Course Structure:

The NZIM Diploma in Management is an NZQA approved qualification. All papers are of 20 credits each.

Level 5 consists of six papers from the NZ Diploma in Business. The student needs to pass in four compulsory papers plus two optional papers to complete the qualification and be credited with 120 credits.

Core papers (Compulsory)

1) 530 Organisation and Management: Understand the factors that influence

management and the organization.

2) 560 Business Communication: Apply communication knowledge and skills in the

evolving context of New Zealand and global business

3) 630 Leadership: Understand concepts and apply principles of leadership. Create

a personal plan to develop leadership capabilities.

4) 636 Applied Management: Apply management concepts

Optional papers (select two) (ICA may offer any two of these prescriptions)

Optional: (Papers offered in any given term would be chosen by ICA)

5) 400 Accounting Principles: Understand financial statements, reports and skills

for analysis and interpretation of business performance for sole traders and

small companies

or

520 The Economic Environment: Apply elements of economic theory to

contemporary issues.

6) 510 Introduction to Commercial Law: Demonstrate knowledge of commercial law to

enable application of legal reasoning

7) 541 Fundamentals of Marketing: Have a working knowledge of fundamental

marketing concepts relevant to contemporary organizations

8) 550 Business Computing: Understand, discuss, evaluate and apply information

technology to meet business requirements.

9) 632 Operations Management: Students will understand functions of operations management

and apply techniques to ensure efficient and effective production of goods and services.

Level 6 qualification consists of eight advanced modules, most of which may be credited form the NZDipBus curriculum. Three modules are compulsory (core papers). 2 of these core papers 630 Leadership and 636 Applied Management are completed during year 1 of the study. Students must choose up to 5 optional modules. To be awarded the NZIM Diploma in Management Advanced Level 6 students must achieve 160 credits of which 40 credits are from year 1 study.

Core modules (Compulsory)

1)     630 Leadership (Completed in Year 1)

• analyse the concepts of leadership and their relationship to business

• understand the influence that culture has on leadership

• evaluate their current abilities and their leadership potential

• research, compare and evaluate how leadership concepts are applied

• discuss leadership in relation to social responsibility.

2)    636 Applied Management (Completed in Year 1)

• identify a business problem and write a project proposal for the research of possible

solutions

• report on the application of management concepts in recommending solutions to an

identified business problem

• critically review the completed project process and research outcomes of the completed

project.

3) 952 Systems Development (652)

• explain database concepts, and principles of data modelling, process modelling and

Systems development project management, and apply them in designing a simple

workgroup-based business application to meet user requirements in a multi-user

environment

• demonstrate an understanding of a systems development project life cycle by developing and implementing the workgroup-based business application in line with its design.

Optional modules (choose five) (ICA may offer any of these prescriptions)

Optional: (Papers offered in any given term would be chosen by ICA)

4) 902 Management Accounting (602)

• understand and apply the concept of costs to various costing systems including justification of cost and system choices

• implement systems to plan and control business operations

• use management accounting information for decision-making.

OR

5) 903 Business Finance (603)

• understand the business finance environment

• apply capital budgeting techniques and evaluate investment decisions

• apply knowledge of working capital to effectively manage a business for a given situation

• compare and contrast financing options to recommend a course of action

• discuss principles of capital structure and cost of capital, and calculate cost of capital

• apply business finance knowledge to a given situation and provide recommendations.

6) 931 Strategic Planning for Small Business (631)

• determine values, beliefs and vision for a small business to inform the strategic plan.

• conduct analyses to inform the strategic plan

• determine the direction, goals, tactics and key performance indicators for a small

business to inform the strategic plan

• develop and present a strategic plan and associated implementation plan for a small business.

7) 920 Managerial Economics (620)

• understand the role of managerial economics in the business decision making process

for profit maximisation

• analyse and evaluate risk and recommend an option for optimal decision making

• derive, analyse and interpret the relationship between factors influencing demand and

quantity demanded

• explain and analyse the nature of production and its relationship to costs

• select and apply appropriate pricing strategies to imperfect market states

• demonstrate an understanding of the legal constraints placed on pricing and competitive

decisions.

8) 925 International Trade and Finance (676)

understand concepts, relationships and mechanisms relating to international

trade and finance, including trade agreements, balance of payments, risk management,

foreign exchange and foreign exchange markets

understand mechanisms relating international trade, including bills of exchange,

documentary collection, documentary letters of credit

understand the different types of trade finance, including guarantees and bonds, letters of

credit, international capital markets and swaps

apply that understanding to resolve issues relating to international trade and

finance

9) 932 Operations Management (632)

• appraise the nature of operations management in a given situation

• explain quality management, and apply quality management techniques to improve

operations in a given situation

• and justify appropriate facilities to ensure efficient provision of a product

• discuss the role of project management, and apply appropriate project management

techniques in a given situation

• discuss performance management and determine appropriate performance measures for

an operations system(s)

• understand capacity management, apply techniques relating to resource planning, and

recommend appropriate actions in a given situation

• apply an understanding of supply chain management, inventory management and

materials management to given situations.

10) 933 Human Resource Management (633)

• evaluate the interrelationship between human resource management, an organisation

and its environment

• discuss the contribution of job design to organisational effectiveness, and complete a

job analysis in a given situation

• develop a recruitment and selection strategy for a given position, adhering to relevant

employment legislation

• develop an induction programme and a training and development plan to meet

individual and organisational needs

• evaluate performance management and its contribution to organisational effectiveness

• critique remuneration and rewards management and the relationship to performance

management

• apply an understanding of current legislative requirements for health and safety in the

workplace to a given situation

• discuss the collection, storage and use of human resource data for effective management.

11) 935 Employment Relations (635)

• understand key factors influencing the development of employment relations

• explain the employment relationship

• understand the main legislative provisions and common law principles in

developing employment relationships

• apply knowledge of the main legislative provisions and common law principles

• be able to critique and analyse an employment agreement negotiation

• understand the legal provisions of and principles applying to the resolution of either a conflict, issue or dispute, in an employment relationship

• understand the legal provisions applicable to enforcement actions.

12) 942 Marketing Research (642)

• evaluate legal, ethical, cultural and industry issues relevant to (a)

marketing research project(s).

• prepare a marketing research proposal

• conduct research; collate, analyse and interpret data; report the results of

marketing research; and make recommendations for marketing strategies.

13) 948 Marketing Planning and Control (648)

• complete a situation analysis

• develop marketing objectives, strategies and tactics

• produce a marketing action plan

• design a monitoring and control system for their marketing plan

14) 950 Applied Computing (650)

• demonstrate proficiency in using a range of current business software applications

• customise and integrate business software applications to improve productivity and efficiency for multiple users.

• solve business problems by identifying business requirements and designing and developing (a) functional solution(s) using appropriate software applications

• identify, extract, process and format information to produce reports to aid in the decision making processes of an organisation.

15) 955 Information Management (655)

• explain the nature of information systems and analyse their role in supporting business operations and performance

• describe, and evaluate the effectiveness of, strategies relating to managing information systems in an organisation

• use information technologies to enhance information flows, decision making and productivity in a business context

• investigate an information management issue and recommend a workable systems solution consistent with organisational goals and available resources

Career Opportunities:

Students graduating with this Diploma will have skills, knowledge and competence to undertake a broad range of business activities involving a degree of self directed work and/or the supervision of processes and people. They will

have skills, knowledge and competence to specialise in management as a profession.