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4566 New Zealand Diploma in Business - Invercargill

Qualification: Diploma
Level: 4-6
Dates:

Semester One: 13 February to 23 June 2017

Semester Two: 10 July to 10 November 2017

Duration:

Two years full time. Part time study is also available.

Location: Invercargill
Credits: 240

Make the next steps towards the practical business career for your future in this two year programme (12 papers). The New Zealand Diploma in Business provides an excellent grounding in business skills. You will benefit from applied theory and practice that is relevant to today's business world. 

Choose the papers that you want to create a qualification that will best suit your desired career in general business or specialised areas such as management, accounting or human resources. Working with experienced tutors you will explore real world business situations, learning and creating to get the most out of your future career.

This diploma is highly valued by employers. We have strong links with local businesses and focus on creating opportunities whereby our students can obtain real world experience before they graduate. Many students combine employment or other options with part time study, taking one or two papers each semester. 

If you want to keep studying, papers from the diploma can also be credited to the Bachelor of Commerce degree offered at SIT. Students advancing to the Bachelor of Commerce majoring in Accounting may gain membership to Chartered Accountants Australia and New Zealand (CAANZ). 

See also Diploma in Human Resource ManagementNZIM Diploma in Management and Accounting Technicians Requirements.

The New Zealand Diploma in Business consists of six compulsory and six optional papers. At least four papers must be taken at Level 6.  No more than three papers may be taken at Level 4.  Evening classes are offered in addition to day classes to allow students flexibility in study arrangements.  The papers offered each semester are marked below. (This depends upon student demand and resource availability). Papers not offered at SIT are available through the Open Polytechnic by correspondence.

 

Qualification Structure:

Compulsory Papers
Six of the following seven papers must be completed:

  • 500     Accounting Principles
  • 510     Introduction to Commercial Law
  • 520     The Economic Environment
  • 530     Organisation and Management
  • 541     Fundamentals of Marketing
  • 550     Business Computing
  • 560     Business Communication

Optional Papers

Six optional papers, at least four papers must be taken at Level 6:

  • 430     Statistics and Financial Mathematics for Business
  • 435     Fundamentals of Small Business
  • 501     Accounting Practices
  • 580     Principles of Tourism
  • 601     Financial Accounting
  • 602     Management Accounting
  • 603     Business Finance
  • 605     Internal Auditing
  • 606     Taxation
  • 610     The Law of Business Entities
  • 611     Business Law
  • 630     Leadership
  • 633     Human Resource Management
  • 635     Employment Relations
  • 636     Applied Management
  • 650     Applied Computing
  • 685     Tourism Industry Management

 

Paper Descriptions

500 Accounting Principles (S1 & S2)
Students will understand financial statements and reports and be able to analyse and interpret financie performance for sole traders and small companies.

501 Accounting Practices (S1 & S2)
Students will record and process financial transactions and prepare financial statements and cash budgets for entities in accordance with current accounting practices.

510 Introduction to Commercial Law (S1 & S2)
Students will demonstrate knowledge of commercial law, to enable application of legal reasoning.

520 The Economic Environment (S1)
Students will apply elements of economic theory to contemporary business issues.

530 Organisation and Management (S1 & S2)
Students will understand the factors that influence management and the organisation and apply a range of factors.

541 Fundamentals of Marketing (S1)
Students will have a working knowledge of fundamental marketing concepts relevant to contemporary organisations.

550 Business Computing (S2)
Students will understand, discuss, evaluate and apply information technology to meet business requirements.

560 Business Communication (S1 & S2)
Students will apply communication knowledge and skills in the evolving context of New Zealand and global business.

601 Financial Accounting (S1)
Students will apply the regulatory and technical aspects of financial accounting and external reporting for companies and evaluate financial and non financial information.

602 Management Accounting (S2)
Students will collect, interpret, present and use relevant management accounting information for an organisation to effectively plan, control and make decisions regarding business operations.

603 Business Finance (S2)
Students will apply financial management knowledge and skills to a small or medium size business for decision making purposes.

606 Taxation (S1)
Students will apply knowledge of taxation rules to New Zealand taxable entities in a range of situations.

630 Leadership (S2)
Students will understand concepts and apply principles of leadership.  Students will create a personal plan to develop leadership capabilities.

633 Human Resource Management (S1)
This paper is designed to meet the needs of students who require skills and knowledge in human resource management in general or specific organisational roles.

635 Employment Relations (S1)
Students will apply knowledge of current employment relations legislation, processes and practices, and understand the relationship of the parties involved.

636 Applied Management (S2)
Students will apply management concepts.

This programme is eligible for the Zero Fees Scheme.

  • NO tuition fees
  • 2017 direct material costs of just $451.42 total (GST inclusive)

International Fees can be found here.

The New Zealand Diploma in Business is a widely recognised intermediate level business qualification in New Zealand. Organisations such as Chartered Accountants Australia and New Zealand (CAANZ) and the New Zealand Institute of Management (NZIM) recognise the value of the qualification and use it in conjunction with their professional qualifications.

Graduates are well positioned to find rewarding career opportunities in accountancy, management and marketing.

Graduates are ideally suited to general office management in an intermediate role or as a lead role in middle to smaller size business organisations in both the private and public sectors.

Graduates are well equipped to develop and run their own businesses.

Students less than 20 years old must have a minimum of 14 numeracy credits at level one or higher in mathematics or Pangarau on the Directory of Assessment Standards, and 50 credits at level two or above with at least 12 credits in each of three subjects including a minimum of eight literacy credits at level two or higher in English or Te Reo Māori, four credits must be in reading and four credits must be in writing.  The literacy credits will be selected from a schedule of approved achievement standards and unit standards.  The schedule may be found on the NZQA website at Literacy Requirements for University Entrance.

Or students must have equivalent to the above to be administered at the discretion of the programme manager under delegated authority from the head of faculty.

Or New Zealand University Entrance.

Language Requirements
Applicants from countries with an annual student visa approval rate of at least 80 percent, whose first language is not English, or who come from a country where the language of instruction in schools is not English, are required to provide evidence of having passed an NZQA approved English Proficiency Assessment, or one of the following tests of English language competence in accordance with the NZQA rules below:

  • IELTS test – Academic score of 6, with no band score lower than 5.5
  • TOEFL Paper-based test (pBT) – Score of 550 (with an essay score of 5 TWE)
  • TOEFL Internet-based test (iBT) – Score of 60 (with a writing score of 20)
  • University of Cambridge English Examinations – FCE, or FCE for schools, or CAE, or CPE with a score of 169. No less than 162 in each skill
  • NZCEL – Level 4 with the Academic endorsement
  • Pearson Test of English (Academic) – PtoE (Academic) score of 50
  • City & Guilds IESOL – B2 Communicator with a score of 66

 

Applicants from countries with an annual student visa approval rate below 80 per cent, whose first language is not English, or who come from a country where the language of instruction in schools is not English must provide evidence that they:

  1. Have gained NCEA Level 3 and met New Zealand University Entrance requirements or
  2. Hold a bachelor’s degree of at least 3 years from New Zealand, Australia, Canada, The Republic of Ireland, South Africa, United Kingdom or United States of America or
  3. Have achieved a Certificate in English Language Teaching to Adults, CELTA or
  4. Have achieved one of the English Language competence tests  specified  above

Students must achieve a pass within the first three attempts at any given paper.  Following three fails in any given paper the student is barred from enrolling in that paper.

To pass any paper, a student must achieve a combined total of at least 50% in their course work plus final exam.

To complete the programme a student must have a minimum of a pass in 12 papers.  This must include six core papers.  At least four of the remaining six papers must be at Level 6. Of the total no more than three papers shall be at Level 4.

In addition to credits for the prescribed core and optional papers, each student may include in the qualification one unspecified credit as a substitute for an optional paper.  This credit must arise from a course that assesses the outcomes that are not part of an approved New Zealand Diploma in Business prescription.  The programme must be at an appropriate level, and assess outcomes that are relevant to the New Zealand Diploma in Business objectives as described in these regulations.  Any paper which is to be offered by a teaching institution for the award of an unspecified credit must meet the requirements of the regulations as per NZQA.

Please note: students failing to attend for 80% of timetabled programme hours will forfeit Zero Fees entitlement.  However, if due to individual circumstances a student is unable to meet this requirement, but nevertheless is able to satisfy the Programme Manager (in writing) that they have a viable learning strategy in place, this requirement may be waived.

Combinations of New Zealand Diploma in Business papers also form the following qualifications, meaning if you complete all the required papers, you could graduate with more than one qualification:

Some of the New Zealand Diploma in Business papers can also be credited towards SIT's Bachelor of Commerce and Bachelor of Applied Management degree programmes. The following majors are available:

The BCom is taught on campus in Invercargill and the BAM is studied via SIT2LRN distance learning.

School of Business Timetable 2017 S1                                                                         

Bachelor of Commerce, NZ Diploma in Business, Diploma in HRM, NZIM Diploma in Management, Hotel Management                                                                                                                   

Semester 1
Papers begin on the 13th February 2017 and run through to the 23rd June 2017 (two week break from 17th - 28th April)

DipBus500            Accounting Principles     
Monday               3.30 - 6.00pm      B2:20    
Thursday             1 - 3:30pm          B2:20    

DipBus501            Accounting Practices (+ ACC103)
Monday               9:30 - 12noon      B2:20    
Wednesday          9:30 - 12noon      B2:20    

DipBus510            Introduction to Commercial Law  
Tuesday              9 - 11:30am        B2:37    
Thursday             9 - 11:30am        B2:37    

DipBus520            The Economic Environment
Tuesday              3.30 - 6pm          B2:37    
Thursday             3.30 - 6pm          B2:37    

DipBus530            Organisation & Management (+ MAN130)
Tuesday              9 - 11.30am        B2:32    
Thursday             9 - 11.30am        B2:32    

DipBus541            Fundamentals of Marketing (+ MKT171)  
Monday               1 - 3:30pm          B2:20    
Wednesday          1 - 3:30pm          B2:20    

DipBus560            Business Communication (+ COM140)      
Tuesday             1 - 3:30pm          B2:18    
Thursday             1 - 3:30pm          B2:18     

DipBus601            Financial Accounting      
Wednesday          9 - 11:30am        B2:19    
Friday                9 - 11:30am        B2:19    

DipBus606            Taxation (+ ACC206)      
Tuesday              1 - 3.30pm          B2:37    
Thursday             1 - 3.30pm          B2:37    

DipBus633            Human Resource Management
Monday               9 - 11:30am        B2:31    
Wednesday          9 - 11:30am        B2:31   

 Note:    Students are required to attend both weekly sessions                 

 Papers, times, locations are subject to confirmation and change                                                   

 

School of Business Timetable 2017 S2                                                                          

Bachelor of Commerce, NZ Diploma in Business, Diploma in HRM, NZIM Diploma in Management, Hotel Management                                                                                                                               

Semester 2

Papers begin on the 10th July and run through to the 10th November (two week break from 2nd October - 6th October)                                                                                                                      

DipBus500            Accounting Principles     
Monday               9 - 11.30am        B2:18    
Thursday             9 - 11:30am        B2:18    

DipBus501            Accounting Practices (+ ACC103) 
Monday               9.30 - 12pm        B2:32    
Wednesday          9.30 - 12pm        B2:32    

DipBus510            Introduction to Commercial Law  
Monday               6 - 8:30pm          B2:37    
Wednesday          6 - 8:30pm          B2:37    

DipBus530            Organisation & Management (+ MAN130)
Tuesday              9-11.30am          B2:32    
Thursday             9-11.30am          B2:32    

DipBus550            Business Computing       
Monday               1 - 3:30pm          B1:18    
Wednesday          1 - 3:30pm          B1:18    

DipBus560            Business Communication (+ COM140)      
Tuesday              1 - 3:30pm          B2:32    
Thursday             1 - 3:30pm          B2:32     

DipBus602            Management Accounting
Tuesday              1 - 3.30pm          B2:18    
Thursday             1 - 3.30pm          B2:18    

DipBus603            Business Finance (+ ACC203)      
Monday               9-11.30am          B2:38    
Thursday             6 - 8:30pm          B2:18    

DipBus630            Leadership        
Monday               1 - 3:30pm          B2:31    
Wednesday          1 - 3:30pm          B2:19    

DipBus635            Employment Relations (+ MAN235)         
Tuesday              1 - 3.30pm          B2:37    
Thursday             1 - 3.30pm          B2:37    

DipBus636            Applied Management     
Tuesday              6 - 8:30pm          B2:20    
Thursday             6 - 8:30pm          B2:20     

 Note:    Students are required to attend both weekly sessions                 

 Papers, times, locations are subject to confirmation and change

NZ Diploma in Business, NZIM Diploma in Management, and Diploma in Human Resource Management.

500 Accounting Principles (Required)
Principles of Accounting-9781486010134         
5th Edition
Smart, M.J.  Awan, N. & Baxter, R.  
Pearson

501 Accounting Practices (Required)
Accounting practices: The NZ Context-9781442562554
3rd Edition
McIntosh, R.
Pearson

510 Introduction to Commercial Law (Required)
Introduction to New Zealand Commercial Legislation-9781775471967
2017
CCH NZ 

520 The Economic Environment (Required)
Economics for Today – 9780170347006
5th Edition
Layton, A.            

530 Organisation & Management (Required)
Management the Essentials-9781488609077
3rd Edition
Robbins, DeCenzo, Coulter, & Woods
Pearson

541 Fundamentals of Marketing (Required)
Marketing. Real people. Real choices.-9781442552722
2nd Edition
Solomon, M., Charbonneau, J., Marshall, G., & Stuart, E. (2012).
North Shore, NZ; Pearson Education.

550 Business Computing (Recommended)
Computing essentials
2013 or 14 or 15
O'Leary, T.J. & O’Leary, L.I.           
McGraw-Hill/Irwin.

560 Business Communication (Required)
Communication organisation and innovation-9781442541535       
3rd Edition
Barnett & O'Rourke           

601 Financial Accounting (Required)
NZ Financial Accounting-9780071013086
6th Edition
Deegan & Samkin

602 Management Accounting (Required)
Management Accounting: Information for Creating and Managing Value – 9780071016650
7th Edition
Langfield-Smith, K., Thorne, H., & Hilton, R.   

603 Business Finance (Required)
Principles Managerial Finance-9781442518193  
6th Edition
Gitman, Juchau, & Flanagan             

606 Taxation (Required)
New Zealand Master Tax Guide for Students  2017 9781775472001
CCH NZ 

630 Leadership
The Leadership Experience
6th Edition
Stamford

633 Human Resource Management (Required)
Human Resources Management in New Zealand-9781877371271  
5th Edition
Rudman, R. (2010)
Pearson

635 Employment Relations (Recommended)
TBC                               

636 Applied Management           
No prescribed text

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