Diploma in Management Studies

Course details

This diploma provides student with an in-depth knowledge of five key management areas including communications, finance, human resource management and marketing and sales. It is delivered in an efficient and flexible timescale and is a beneficial stand alone diploma or can act as a gateway to further academic endeavour.

Programme Aims and Objectives

The Diploma in Management Studies aims to provide students with both academic knowledge and practical management skills. Students will apply appropriate academic theories and concepts to a range of business and management issues. During the course, students have the opportunity to add value to both their employers and themselves on a daily basis. In addition to providing a comprehensive knowledge of each of the major management disciplines, the programme is designed to ensure that students will have the widest range of career and further education opportunities open to them upon completion of the programme.

Programme Structure

This programme is diverse into five modules. Participants can elect to attend Individual modules and on completion of a satisfactory assignment an ICM single subject diploma will be awarded. Alternatively, they may take all five subjects thus allowing them to qualify for the ICM Diploma in Management Studies.

Assessment

To be awarded the Diploma in Management Studies, students will be required to complete anin-class assessment during each module (30%) and a written assignment at the end of each module (70%), apart from Marketing and Sales Management which is assessed on the basis of a 100% written assignment and Interpreting Financial Statements which is assessed on the basis of an in-class examination.

Programme Content

Areas Covered Include:

Management Principles

In this module, a comprehensive review of management theory and practice will be provided and students will gain an understanding of the complexities of modern management. The module will also familiarise the student with the process of management decision making and organisational design. Students will be empowered to gain insight into the interdependencies of a typical management structure.

Interpreting Financial Statements

Through this module students will learn the basic financial and management principles in use in the modern organisation and understand the construction and use of both financial and management techniques adopted. The interpretation and use of all financial data generated within the business will be covered along with the role accounting data plays in the everyday planning, decision making and control of the modern business.

Marketing and Sales Management

In this module, students will acquire the skills and knowledge necessary for the motivation and management of an effective marketing and sales function. Emphasis will be placed on such areas as marketing management, incentives and the planning of sales and marketing activities. Participants will be required to complete a commercially viable sales and marketing plan for the launch of a new product.

Human Resource Management

In this module, participants will develop the skills essential to the management of an effective team. In addition to broadening the understanding of motivational factors, leadership and delegation skills will be developed.

Communication Skills

This module demonstrates the techniques of evaluation and application, such as evaluating the relevance and quality of information. Students will develop a strategy for using communication skills, monitor and critically reflect on use of communication skills, adapting strategy as necessary, to produce the quality of outcomes required.