Level 7 Diploma in Business Management


Business Management

Level 7 Diploma in Business Management

This postgraduate Level 7 Diploma in Business Management from Learning Resource Network (LRN) is designed to enhance your career prospects and leads directly on to the advanced stages of MBA and Masters degree programmes. (These are shown in the university progression and MBA Advanced Entry Route pages).

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Total fees   £2950

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First unit (including LRN registration and assessment)     £650
remaining four units (each including LRN assessment)  £575

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Per unit fees     £654

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The qualification is assessed by assignment so you can join and complete your studies anytime without being restricted to the academic year.

Who is it for?

The course is intended for directors and senior or middle managers of private, not for profit and public sector organisations who want to obtain a post-graduate level qualification.


The LRN Level 7 Diploma in Business Management consists of five units:

  • Business strategy, planning and management (20 credits)
  • Financial resources and performance management (25 credits)
  • Leadership, change and people management (25 credits)
  • Corporate strategy, governance and ethics (25 credits)
  • Research methodology and its application to marketing (25 credits)

Download LRN Level 7 Diploma in Business Management learning outcomes and assessment criteria May 2017

Entry Requirements

You must have one of the following:

For learners who have recently been in education and training the entry profile is likely to include:

  • a first degree in business, management or related subjects or a level 6 qualification for example a Diploma in Management
  • other equivalent international qualifications

Learners may also have work experience. Mature learners may present a more varied profile of their achievement that is likely to include at least five years extensive relevant work experience (paid and/or unpaid) with levels of responsibility, participation and/or achievement of a range of relevant professional qualifications. This may be used for recognition of prior learning (RPL).

Learners must also have an appropriate standard of English to enable them to access relevant resources and complete the unit assignments. Therefore candidates should have a speaking, listening, reading and writing ability which is commensurate to CEFR Level B2 (or equivalent).

What is included?

The units are taught through our Teaching Zone by a mixture of recorded and live lectures coupled with essential reading texts and exercises. You will have a personal tutor who is a subject expert whom you can contact if you have any questions.

As it is delivered through our Teaching Zone you also gain free access to our Manager’s tool kit and effective learning skills sections along with entry to the student lounge discussion forum.

LRN assignment marking fees are included in the prices shown.


Business Strategy, Planning and Management

This unit aims to give you a strategic understanding of:

  • the nature, scope and need for strategic business management and planning in international profit and not-for-profit organisations
  • a range of classical and contemporary models, concepts and tools in business strategy and planning
  • the processes by which organisations identify and develop their goals and values
  • the impact of political, economic, social, technological, environmental and legal factors
  • the key forces that represent both opportunities and threats to organisations whether for profit or not-for-profit
  • the strategy process for an organisation to achieve competitive advantage
  • the future challenges affecting strategic business management and planning.

Financial Resources and Performance Management

This unit aims to give you a strategic understanding of:

  • how to use financial statements to evaluate performance, and understand the limitations of such analysis
  • how to use, and appraise the effectiveness of, management accounting information in the planning and control of an organisation’s resources
  • how to critically appraise and evaluate contemporary management accounting methodology to support the effective management and control of resources
  • how to identify and critically assess the management and performance of tangible and intangible resources in business strategy and planning
  • organisational objectives and alternative finance available to fund the achievement of these objectives
  • how to use financial data, techniques and tools to evaluate long term capital decisions
  • the international aspects of financial strategy
  • the sources and consequences of risk for organisations and know how these risks may be managed.

Leadership, Change and People Management

This unit aims to give you a strategic understanding of:

  • the contribution that an organisation’s employees can make to competitive advantage and the advancement of the strategic vision and values
  • be able to apply appropriate strategies for people resourcing, retention and development
  • strategies for enhancing employee commitment and engagement within an organisation
  • the potential value of leadership approaches linked to High Performance Working (HPW) at all levels in the organisation (strategic, managerial and operational/tactical)
  • be able to implement the theories, concepts and techniques associated with organisational change
  • how to apply the capabilities associated with the effective management of change, and be able to maximise the contribution of people, within an HPW culture.

Corporate Strategy, Governance and Ethics

This unit aims to give you a strategic understanding of:

  • how to analyse the business environment and development of a business organisation which operates worldwide
  • the relationships between an organisation’s resources, product/services and its environment
  • how to evaluate business ethics from a worldwide perspective
  • the concepts and perspectives of Corporate Governance in an organisation which operates worldwide
  • the impact of corporate social and environmental responsibility on organisations
  • how organisations manage corporate governance and ethics in order to achieve corporate goals
  • how to implement and monitor ethical and governance issues in developing an appropriate corporate strategy.

 Research Methodology and its Application to Marketing

This unit aims to give you a strategic understanding of:

  • the role of research methods, as used in business
  • how to research methodologies that relate to business research
  • how to develop research designs from quantitative and qualitative perspectives
  • how to set research objectives and plan a research project
  • management, business and marketing theory and the relevant literature from varied sources that contribute to the research project
  • how to determine a specific marketing related research issue, set research objectives, plan and carry out a research project, critically analyse and evaluate evidence, and report the findings and outcomes
  • how to design the data collection surveys from quantitative and qualitative perspectives, evaluate the contrasting research methodologies and determine the best approaches to obtain the required data
  • how to write up the results of the project as a business consultancy report.

How do I study and how long does it take?

There are five units in total and each one should take 180 guided learning hours which is the total time you are likely to spend studying including all your time spent on listening to the lectures, reading the online information, reading the workbooks, using the software, undertaking the exercises, discussions with other students and completing the assessments or revising for the one exam. The qualification is taught online, so you can start at any time as you are not restricted by term times. You will receive your log in and password for the Teaching Zone as soon as we have received payment. All you need is Internet access!

The time it takes in practice is up to you, and will vary depending on your commitment and how easy you find it to study. 180 hours is roughly:

Over twelve months – 30 minutes per day or four hours per week or 15 hours per month
Over six months – one hour per day or eight hours per week or 30 hours per month

How is it assessed?

All five units are each assessed by a 3,500 word written assignment.