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4566 New Zealand Diploma in Business - Invercargill

Qualification: Diploma
Level: 4-6
Dates:

Semester One: 16 February to 26 June 2015

Semester Two: 13 July to 20 November 2015

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 the New Zealand Institute of Chartered Accountants. 

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 depend upon student demand and resource availability. Papers not offered at SIT are available through the Open Polytechnic by correspondence. Papers not being offered in 2015 are marked with an asterisk* below.

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     Quantitative Business Methods*
  • 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
Students will understand financial statements and reports and be able to analyse and interpret financie performance for sole traders and small companies.

430 Quantitative Business Methods (not available in 2015)
Students will demonstrate knowledge of the concepts and methods of data analysis, statistical inference and financial mathematics.

435 Fundamentals of Small Business Management
Students will demonstrate knowledge of the characteristics, options and operation of small business in the New Zealand context.

501 Accounting Practices
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
Students will demonstrate knowledge of commercial law, to enable application of legal reasoning.

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

530 Organisation and Management
Students will understand the factors that influence management and the organisation and apply a range of factors.

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

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

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

580 Principles of Tourism (not available in 2015)
Students will understand concepts of global tourism and apply this knowledge to the tourism industry in New Zealand.

601 Financial Accounting
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
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
Students will apply financial management knowledge and skills to a small or medium size business for decision making purposes.

605 Internal Auditing (not available in 2015)
Students will understand the role of internal auditing in the corporate governance framework.

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

610 The Law of Business Entities (not available in 2015)
Students will demonstrate an understanding of the legal requirements for establishment, operation and the cessation as applied to various forms of business entity.

611 Business Law (not available in 2015)
Students will demonstrate understanding of practical legal opportunities,  responsibilities and risks that arise in specific business situations.

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

633 Human Resource Management
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
Students will apply knowledge of current employment relations legislation, processes and practices, and understand the relationship of the parties involved.

636 Applied Management
Students will apply management concepts.

650 Applied Computing (not available in 2015)
Students will use software applications in developing computer based solutions for business problems.

685 Tourism Industry Management (not available in 2015)
Students will apply business concepts to develop a business plan for a small to medium sized tourism venture.

The New Zealand Diploma in Business is a widely recognised intermediate level business qualification in New Zealand. Organisations such as the New Zealand Institute of Chartered Accountants (NZICA) 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.

Many of the NZ Diploma in Business papers cross credit to papers in SIT's Bachelor of Commerce programme.

New Zealand Diploma in Business Timetable

Semester 2, 2015

Note: Students are required to attend both weekly sessions. Papers begin on the 13 July and run through to the 20th November (two week break from the 28th September). Papers, times, locations are subject to confirmation and change.

500 Accounting Principles
Tuesday 9 - 11:30am B2:17
Thursday 9 - 11:30am B2:17
Exam: No exam

501 Accounting Practices
Tuesday 12.30 - 3:00pm B2:20
Thursday 12.30 - 3:00pm B2:20
Exam: Tues 17 Nov

510 Introduction to Commercial Law
Monday 9 - 11.30am B2:37
Wednesday 9 - 11.30am B2:37
Exam: Mon 9 Nov

530 Organisation & Management
Monday 1 - 3:30pm, Room TBC
Wednesday 1 - 3:30pm
Exam: Wed 11 Nov

541 Fundamentals of Marketing
Tuesday 6 - 8:30pm B2:32
Thursday 6 - 8:30pm B2:32
Exam: Thurs 12 Nov

550 Business Computing
Monday 6 - 8:30pm B2:19
Wednesday 6 - 8:30pm B2:14
Exam: Mon 16 Nov

560 Business Communication
Tuesday 1 - 3:30pm B2:32
Thursday 1 - 3:30pm B2:32
Exam: Tues 10 Nov

435 Fundamentals of Small Business Management
Monday 9 - 11.30am B2:18
Wednesday 9 - 11:30am B2:38
No exam

602 Management Accounting
Tuesday 1 - 3.30pm B2:18
Thursday 1 - 3.30pm B2:18
Exam: Tues 10 Nov

606 Taxation
Tuesday 9:30 - 12noon B2:19
Thursday 9:30 - 12noon B2:19
Exam: Thurs 19 Nov

630 Leadership
Monday 6 - 8:30pm B2:32
Wednesday 6 - 8:30pm B2:32
No exam

636 Applied Management
Tuesday 9 - 11.30am B2:20
Thursday 9 - 11.30am B2:20
No exam

This programme is eligible for the Zero Fees Scheme.

  • NO tuition fees
  • Direct material costs of just $69.00 per paper (GST inclusive)

International Fees can be found here.

NZ Diploma in Business Textbook List 2015

Tutor Estimated numbers Paper Code Paper Title Text Edition Authors Publisher
Kay McKinnel 500 Accounting Principles Required Principles of Accounting 5th   Smart, M.J.  Awan, N. & Baxter, R. Pearson
Kay McKinnel 501 Accounting Practices Required Accounting practices: The NZ Context 3rd McIntosh, R. Pearson
Tim Matsis 510 Introduction to Commercial Law Required Introduction to New Zealand Commercial Legislation CCH NZ
Tim Matsis 510 Introduction to Commercial Law Required Understanding Commercial Law 7th Gebric & Miller LexisNexis
Peter Johnson 520 The Economic Enviornment Required Economics for Today - 9780170190855 4th/5th Layton, A.
Carol Cheong 530 Organisation & Management Required Management the Essentials 2nd Robbins, DeCenzo, Coulter, & Woods Pearson
Robyn Valentine 541 Fundamentals of Marketing Required Marketing. Real people. Real choices. 2nd Solomon, M., Charbonneau, J., Marshall, G., & Stuart, E. (2012). North Shore, NZ; Pearson Education. 
Chris Powley                     550 Business Computing Recommended Computing essentials 2011 or 12 or 13 O'Leary, T.J. & O’Leary, L.I. McGraw-Hill/Irwin. 
Julian Galt 560 Business Communication Required Communication organisation and innovation 3rd Barnett & O'Rourke
Carol Cheong 601 Financial Accounting Required NZ Financial Accounting 5th   Deegan & Samkin
Jill Farquhar 603 Business Finance Required Principles Managerial Finance 6th Gitman, Juchau, & Flanagan
Fred Musika 633 Human Resource Management Required Human Resources Management in New Zealand 5th Rudman, R. (2010) Pearson
Dave Rohan 635 Employment Relations Required Employment Relations in New Zealand - 9781877371530 2nd Rasmussen, E. (2009)
NZDipBus SEMESTER 2 TEXTBOOK LIST 2015
NZ Diploma in Business, NZIM Diploma in Management, and Diploma in Human Resource Management.
Tutor Estimated numbers Paper Code Paper Title Text Edition Authors Publisher
Kay McKinnel 500 Accounting Principles Required Principles of Accounting 5th   Smart, M.J.  Awan, N. & Baxter, R. Pearson
Kay McKinnel 501 Accounting Practices Required Accounting practices: The NZ Context 3rd McIntosh, R. Pearson
Tim Matsis 510 Introduction to Commercial Law Required Introduction to New Zealand Commercial Legislation CCH NZ
Carol Cheong 530 Organisation & Management Required Management the Essentials 2nd Robbins, DeCenzo, Coulter, & Woods Pearson
Robyn Valentine 541 Fundamentals of Marketing Required Marketing. Real people. Real choices. 2nd Solomon, M., Charbonneau, J., Marshall, G., & Stuart, E. (2012). North Shore, NZ; Pearson Education. 
Chris Powley                       550 Business Computing Recommended Computing essentials 2011 or 12 or 13 O'Leary, T.J. & O’Leary, L.I. McGraw-Hill/Irwin. 
Julian Galt 560 Business Communication Required Communication organisation and innovation 3rd Barnett & O'Rourke
Patrice Spencer-Humm 435 Fundamentals of Small Business Required The Small Business Book 6th Oliver, L. and English, J
Lynley Woodward 602 Management Accounting Required Management Accounting: Information for Creating and Managing Value - 9780071016650 6th Langfield-Smith, K., Thorne, H., & Hilton, R.  
Lynley Woodward 606 Taxation Required New Zealand Master Tax Guide for Students  2014 - 9781775470502 CCH NZ
Tim Matsis 630 Leadership The leadership experience 1st Daft
Phil Lawson 636 Applied Management No prescribed text
NZ Diploma in Business Textbook List 2015

Paper Code - Text (Edition); Authors; Publisher.

435 - The Small Business Book (6th) Oliver, L. and English, J. (Required)

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

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

510 - Introduction to New Zealand Commercial Legislation; CCH NZ. (Required)

510 - Understanding Commercial Law (7th); Gebric & Miller; LexisNexis. (Required)

520 - Economics for Today - 9780170190855 (4th/5th); Layton, A. (Required)

530 - Management the Essentials (2nd); Robbins, DeCenzo, Coulter, & Woods; Pearson. (Required)

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

550 - Computing essentials (2011 or 12 or 13); O'Leary, T.J. & O’Leary, L.I.; McGraw-Hill/Irwin. (Recommended)

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

601 - NZ Financial Accounting (5th); Deegan & Samkin (Required)

602 - Management Accounting: Information for Creating and Managing Value - 9780071016650 (6th); Langfield-Smith, K., Thorne, H., & Hilton, R. (Required)

603 - Principles Managerial Finance (6th); Gitman, Juchau, & Flanagan (Required)

606 - New Zealand Master Tax Guide for Students 2014 - 9781775470502; CCH NZ (Required)

630 - The leadership experience (1st) Daft Phil Lawson

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

635 - Employment Relations in New Zealand - 9781877371530 (2nd); Rasmussen, E. (2009) (Required)

636 - No prescribed text.

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.

Language Requirements

Applicants whose first language is not English, or who come from a country where the language of instruction in schools is not English, must meet the English Proficiency Outcomes in accordance with the NZQF Programme Approval and Accreditation Rules 2013 as below. 

  • IELTS test: Score of 6.0 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 79 or  higher (with a writing score of 20)
  • University of Cambridge ESOL Examinations: FCE or CAE with a score of 52 or higher
  • NZCEL: Level 4 with the Academic endorsement

Many of the New Zealand Diploma in Business papers cross credit to papers in SIT's Bachelor of Commerce programme.

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.