National Code:  BSB40401

Course Location and Contact Information

Course Description

This course aims to provide essential training for owner/managers and people who need to gain management knowledge and skills in the areas of business planning, marketing, financial planning and legal requirements necessary to establish and successfully manage their small business. It is designed to assist people in the provision of skills training to establish self-employment ventures.

Career Opportunities

This comprehensive program is designed to assist people to establish self-employment opportunities as well as provide further skills for existing owner/managers.

Course Duration

This course may be offered during the day or in the evening.

Part-time: One year involving two evenings per week plus the supervised completion of the unit on Business Planning. 

Course Commencement Dates

February and July.

Entrance Requirements

There are no academic prerequisites for this course but the expectation is that successful applicants will have achieved an educational level that will enable the achievement of the objectives.

Application Procedures

Apply directly to NMIT.

Email:  commerce@nmit.vic.edu.au

Enrolment sessions are held in December, January, February and June.

Skills Recognition - Exemptions/Transfers

Recognition of Current Competencies (RCC) may be available based on skills and knowledge already acquired by the applicant through previous study or equivalent studies of a similar standard at another institution or from various work and life skills.

Pathways to Further Study

The successful completion of the Certificate IV in Business (Small Business Management) may allow students to continue study into a range of other tertiary programs. Entrance requirements and exemptions vary between course and university.

Course Outline

Participants must successfully complete ten units of competency to qualify for the certificate.

The Commerce Department is offering the following combination of units for this qualification:

BSBSBM301A Research business opportunities (30 hours)
This unit covers the investigation and research required to ascertain the opportunities available and the feasibility of a business opportunity.

BSBSBM401A   Establish business and legal requirements (50 hours)
This unit involves identifying and complying with business legal and administrative requirements. 

BSBSBM402A   Undertake financial planning (50 hours)
This unit involves the development of a financial plan to support business viability 

BSBSBM403A   Promote the business (50 hours)
This unit covers the development and implementation of marketing strategies and the monitoring and improvement of market performance.

BSBSBM404A   Undertake business planning (60 hours)
This unit covers the research and development of an integrated business plan for achieving business goals and objectives.

BSBSBM406A   Manage finances (50 hours)
This unit involves the implementation, monitoring and review of strategies for the ongoing management of finance. It also includes day to day financial management of a business.

BSBCMN405A   Analyse and present research information (40 hours)
This unit covers the skills and knowledge required to gather, organise and present workplace information using available systems.

BSBCMN408A   Report on financial activity (30 hours)
This unit covers the reporting of financial activity for business both in response to client requests and to meet statutory requirement reports.

BSBCMN409A   Promote products and services (20 hours)
This unit covers the skills and knowledge required to co-ordinate and review the promotion of an organisation's products and services.

FNSACCT401A Process business tax requirements (50 hours)
This unit covers the competency to maintain taxation accounting records and process lodgement and returns in accordance with the Australian Taxation requirements excluding income tax.

Note:  Students can enrol in any of the above as stand-alone units.

Assessment Methods

Various forms of assessment may be used including classroom testing, assignments, presentation, group work, case studies, and insutry or simulated industry practicums.

Materials

Students will be required to purchase prescribed text books as detailed in the Commerce Department booklist. Additional materials will be provided by the class teacher, as required, once the course commences.

Qualification

As part of the Australian Qualifications Framework this program is nationally recognised.  On successful completion students will be awarded the Certificate IV in Business (Small Business Management).

Links

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The Victorian Government makes a significant contribution to these programs.