BSB50120 Diploma of Business in Australia - STUDY IN PTY LTD

BSB50120 Diploma of Business

Get In Touch

For a free skill check

Qualification Name: Diploma of Business      (Release 1)

Qualification Code: BSB50120

Other Mode: Classroom – Study | Online | RPL | Credit Transfer

Offered By: Affiliated Institutions

This qualification would apply to people with different employment titles including executive officials, program advisors, and program facilitators. People in these jobs may have considerable involvement with a scope of settings, yet look to additionally build up their abilities over a wide scope of business capacities.

How STUDYIN can help You?

STUDY IN can help you to find the right institution based on your requirements. We can help you to prepare your application for Enrolment – Admission – Credit Transfer – RPL – Upskills/Upgrade

Book an online appointment to discuss further.

Why Study the BSB50120 Diploma of Business?

BSB50120 Diploma of Business is focused on the real world, relevant global contexts. Going through the program will give the required skills you can use immediately and encourages you to think diversely.

This BSB50120 has become developed by industry specialists and endorsed by sector bodies and can be sure you have the practical knowledge to ‘hit the ground running’ in modest, medium or big organisations across the industry.

Experience alone is no longer efficient; potential employers are looking for evidence of professional proficiency via a current formal qualification.

  1. 1
    Get your Skills Recognised

    The Diploma of Business applies to people in places that incorporate program facilitators, program specialists, and official officials. The certified individual commonly has considerable experience, yet try to build up those aptitudes further over a wide scope of capacities.

    In any case, the capability may likewise apply to people with no professional experience who have sound business aptitudes and hypothetical information who wish to grow further work or instructive chances.

  2. 2
    What Evidence you need ?

    You will need to provide a range of evidence to assist your assessor to make a decision about your competence. The types of evidence you may be asked to provide can include

    • ID
    • Payslips/work contract/BN if independently employed
    • Letter of Employment
    • Current business contracts
    • Letters of reference
    • Money related Reports
    • Procedure Plans
    • Meeting Minutes
    • Advertising Pans
    • Publicizing Campaigns
    • Enactments Documents
    • Undertaking Proposals
    • Spending Plans
  3. 3
    What are the Potential Job Opportunities?

    For a student, it is crucial to know the occupation he/she will eligible once finish a qualification successfully. If you complete this qualification, you will able to work with this role.

    • Actuarial Analyst
    • Arbitrator
    • Business Adviser
    • Business Analyst
    • Business Development Manager
  4. 4
    Packaging Rules

    Total number of units = 12 

    5 core units  plus

    7 elective units,  of which:

    • 2 elective units must be selected from Group A
    • for the remaining 5 elective units:
    • up to 5 units may be selected from Groups A – I
    • if not listed, up to 2 units may be selected from a Certificate IV, Diploma or Advanced Diploma from this or any other currently endorsed Training Package qualification or accredited course.

    Elective units must be relevant to the work environment and the qualification, maintain the integrity of the AQF alignment and contribute to a valid, industry-supported vocational outcome.


    This qualification can provide for specialisations. To achieve a specialisation, the following additional packaging rules must be adhered to:

    • For specialisation in Business Operations , 4 elective units must be selected from Group A
    • For specialisation in Leadership , 4 elective units must be selected from Group B
    • For specialisation in Organisational Development , 4 elective units must be selected from Group C
    • For specialisation in Compliance , 4 elective units must be selected from Group D
    • For specialisation in Business Development , 4 elective units must be selected from Group E
    • For specialisation in Digital and Data , 4 elective units must be selected from Group F
    • For specialisation in Records and Information Management , 4 elective units must be selected from Group G
    • For specialisation in Procurement , 4 elective units must be selected from Group H
    • For specialisation in Evaluations , 4 elective units must be selected from Group I.


    The achievement of a specialisation will be identified on a testamur as follows:

    • BSB50120 Diploma of Business (Operations)
    • BSB50120 Diploma of Business (Leadership)
    • BSB50120 Diploma of Business (Organisational Development)
    • BSB50120 Diploma of Business (Compliance)
    • BSB50120 Diploma of Business (Business Development)
    • BSB50120 Diploma of Business (Digital Transformation)
    • BSB50120 Diploma of Business (Records and Information Management)
    • BSB50120 Diploma of Business (Procurement)
    • BSB50120 Diploma of Business (Evaluations).


    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 

    Group A – Business Operations 

    BSBFIN502 Manage financial compliance

    BSBFIN601 Manage organisational finances

    BSBHRM525 Manage recruitment and onboarding

    BSBHRM526 Manage payroll

    BSBHRM529 Coordinate separation and termination processes

    BSBINS512 Monitor business records systems

    BSBOPS502 Manage business operational plans

    BSBOPS503 Develop administrative systems

    BSBOPS504 Manage business risk

    BSBOPS601 Develop and implement business plans

    BSBPMG430 Undertake project work

    BSBPMG530 Manage project scope

    BSBPRC505 Manage ethical procurement strategy

    BSBSTR503 Develop organisational policy

    BSBSTR603 Develop business continuity plans

    BSBSUS601 Lead corporate social responsibility

    BSBTWK503 Manage meetings

    Group B – Leadership 

    BSBHRM412 Support employee and industrial relations

    BSBHRM521 Facilitate performance development processes

    BSBLDR521 Lead the development of diverse workforces

    BSBLDR522 Manage people performance

    BSBLDR523 Lead and manage effective workplace relationships

    BSBPEF501 Manage personal and professional development

    BSBTWK501 Lead diversity and inclusion

    BSBTWK502 Manage team effectiveness

    BSBXDB501 Support staff members with disability in the workplace

    BSBXDB502 Adapt organisations to enhance accessibility for people with disability

    Group C – Organisational Development 

    BSBCRT412 Articulate, present and debate ideas

    BSBCRT512 Originate and develop concepts

    BSBCRT611 Apply critical thinking for complex problem solving

    BSBHRM531 Coordinate health and wellness programs

    BSBLDR601 Lead and manage organisational change

    BSBPEF401 Manage personal health and wellbeing

    BSBPEF502 Develop and use emotional intelligence

    BSBSTR501 Establish innovative work environments

    BSBSTR502 Facilitate continuous improvement

    BSBSTR601 Manage innovation and continuous improvement

    BSBSUS412 Develop and implement workplace sustainability plans

    BSBSUS413 Evaluate and report on workplace sustainability

    BSBTWK601 Develop and maintain strategic business networks

    Group D – Compliance 

    BSBAUD411 Participate in quality audits

    BSBAUD513 Report on quality audits

    BSBAUD514 Interpret compliance requirements

    BSBAUD515 Evaluate and review compliance

    BSBLEG522 Apply legal principles in contract law matters

    BSBOPS602 Monitor corporate governance activities

    BSBWHS521 Ensure a safe workplace for a work area

    Group E – Business Development 

    BSBMKG541 Identify and evaluate marketing opportunities

    BSBMKG546 Develop social media engagement plans

    BSBMKG548 Forecast international market and business needs

    BSBMKG549 Profile and analyse consumer behaviour for international markets

    BSBMKG550 Promote products and services to international markets

    BSBOPS404 Implement customer service strategies

    BSBOPS505 Manage organisational customer service

    BSBPRC502 Manage supplier relationships

    BSBTWK401 Build and maintain business relationships

    SIRXMGT005 Lead the development of business opportunities

    SIRXMKT006 Develop a social media strategy

    SIRXSLS004 Drive sales results

    Group F – Digital and Data 

    BSBDAT501 Analyse data

    BSBINS502 Coordinate data management

    BSBTEC403 Apply digital solutions to work processes

    BSBTEC404 Use digital technologies to collaborate in a work environment

    BSBTEC501 Develop and implement an e-commerce strategy

    BSBTEC601 Review organisational digital strategy

    BSBXBD501 Develop big data strategy

    BSBXCS402 Promote workplace cyber security awareness and best practices

    SIRXECM003 Design an ecommerce site

    Group G – Records and Information Management 

    BSBINS501 Implement information and knowledge management systems

    BSBINS504 Maintain digital repositories

    BSBINS512 Monitor business records systems

    BSBINS513 Contribute to records management framework

    BSBINS514 Contribute to records retention and disposal schedule

    BSBINS515 Participate in archiving activities

    BSBINS601 Manage knowledge and information

    CUAPRE401 Implement preventative conservation activities

    Group H – Procurement 

    BSBPMG537 Manage project procurement

    BSBPRC501 Manage procurement strategies

    BSBPRC502 Manage supplier relationships

    BSBPRC503 Manage international procurement

    BSBPRC504 Manage a supply chain

    BSBPRC505 Manage ethical procurement strategy

    PSPPCM008 Manage contract performance

    PSPPCM009 Finalise contracts

    PSPPCM010 Manage procurement risk

    PSPPCM012 Plan for procurement outcomes

    PSPPCM013 Make procurement decisions

    PSPPCM015 Conduct and manage coordinated procurement

    PSPPCM016 Plan and implement strategic sourcing

    PSPPCM017 Plan and implement procurement category management

    PSPPCM018 Conduct demand and procurement spend analysis

    Group I – Evaluations 

    DEFEVL001 Develop an evaluation program

    DEFEVL002 Evaluate and report collected information

    DEFEVL003 Maintain and enhance professional practice

    DEFEVL004 Evaluate a training and assessment system

    DEFEVL005 Evaluate a community based program

    DEFEVL006 Evaluate business performance

      Call Back Request

      Is there any question popping up in your mind? Try not to stop for a second to ask us anything. We have all the responses for you! Don't hesitate to get in touch with us whenever. We react to our client's questions as quickly as possible. We give untouched dynamic administrations for you and ensure that all of your interests are tended to convenient. With our six workplaces in Melbourne, Darwin, Tasmania, Dhaka, Malaysia, and Canada, we are accessible at your administration consistently! Get in touch with us now!


      Level 1, 530 Little Collins Street, Melbourne, Victoria - 3000, Australia


      1300 937 775