Diploma of Business

(CRICOS Code 088194B)

A Diploma of Business qualification can lead to a variety of opportunities in today’s global economy in public service, education, health, manufacturing, service industries, e-commerce, mining and retail. 

The Diploma of Business program is designed to provide a range of diploma level study options for students who either do not seek, or are unable to extend the time required, to complete a full undergraduate degree. As well as having value in its own right as a stepping-stone into a number of career opportunities, students can also gain a streamlined pathway from the Higher Education Diploma into the Bachelor of Business and Bachelor of Business (Accounting) degrees through credit exemptions. That is, once students successfully complete the core higher education diploma of business courses units, they can gain direct entry into the second year of Bachelor degrees.
To successfully complete the Diploma of Business Courses students will demonstrate the ability to:
• Integrate theoretical and technical knowledge and apply within a field of work and learning
• Review, analyse, and synthesise knowledge to act on information from a range of sources and communicate to relevant stakeholders.
• Apply thought, technical skills to analyse, plan, and design approaches to variable business problems and communicate to relevant stakeholders.
• Apply specialist technical and creative skills to communicate viewpoints and suggestions.
• Communicate and explain knowledge and specialised skills to others, with depth in some areas, in established or varied contexts
• Convey and apply theoretical and technical knowledge and creative skills in a range of contexts.
• Show responsibility to complete complex technical operations within general considerations of quantity and quality.
• Use initiative and judgement to organise the work of self and others and plan, coordinate and evaluate the work of teams within clear boundaries.
LearningWhite Study Mode Face to face
Duration Duration Full-time, 1 year
Location Location 310 King Street, Melbourne
Requirements Course Requirements 8 core units ( as per 1st year Bachelor of Business)
EntryRequirements Entry Requirements
English Entry Requirements
Domestic School Leavers: n/a
International Students: IELTS (Academic Module): Overall score of 5.5 (no band score less than 5.0) or equivalent
Academic Entry Requirements
Domestic School Leavers: Successful completion on of Year 12 in Australia or equivalent
International Students: Successful completion of  Year 12 in Australia or equivalent.
An approved University Foundation program or formal Australian Certificate IV may also be taken to satisfy this entry requirement.
Students must be minimum eighteen years of age prior to commencing a course at the Institute.
Ozford provides quality education. If you successfully complete your Diploma of Business course studies with Ozford you could pursue the following pathways:
  • Higher Education pathway on successful completion of Ozford High School Year 12.
  • Higher Education pathways for eligible candidates once you have successfully completed Ozford English Language Centre.
On completion of the Diploma of Business students will be eligible to commence studies at Batchelor Degree level. If students choose to enter a Batchelor Degree program at Ozford Institute of Higher Education they will be eligible to receive credit for one year of study. This means they can complete their Degree in two years instead of three years. Students who apply for studies at other higher education providers should check with that provider to determine their eligibility for credit.  

Diploma of Business Course Core Units

ICT1100 – Business Information Systems
Business Information Systems examines the role of information technology in contemporary business organisations. Students will investigate the ways in which information systems, through E-Business and E-Commerce, contribute to organisational innovation, competitiveness, and efficiency. Web-driven networked computing, social media and other information systems applications and enhancements will be considered and analysed in the context of ethical, practical, legal and security issues related to the use and storage of data in contemporary organisations.
MKT1100 - Marketing Principles
Marketing Principles exposes students to foundation concepts, theories and principles in marketing, and allows students to critically assess their relevance in today's marketplace. Students will research a company’s customer-driven strategy and marketing mix. Other topics examined include advertising, public relations, direct marketing and digital marketing.
ACC1100 – Accounting for Decision Making
Accounting for Decision Making considers the performance of a business using accounting information. Attention will be given to the analysis of business reports and financial statements and how they can be used to make better decisions by business managers. Analysis and interpretation procedures to evaluate financial statements of companies will be used to provide greater understanding.
ECO1100 – Economic Principles
Economic Principles covers contemporary developments and applications of macroeconomic concepts and fundamental microeconomic issues related to supply and demand. An examination of how economic models can be applied to address the basic problem of scarcity facing contemporary societies will be studied. Topics will also include the financial system, inflation as well as issues relating to globalisation and international trade.
LAW1100 – Commercial Law

Business Law provides an introduction to the underlying concepts and principles of the Australian legal system. Emphasis is placed on providing students with a working knowledge of commercial law by analysing case scenarios and applying legal principles to inform possible legal outcomes. The arguing of ethical issues arising out of business situations will be encouraged.

STA1100 – Business Statistics
Business Statistics provides students with an introduction to assessing business and economic data in graphical and numerical statistical form using a broad range of statistical techniques and methods. It covers the core concepts which underpin statistical analysis allowing students to interpret the results of independent statistical analysis to make informed decisions. Topics covered include estimation and hypothesis testing using knowledge of probability theory and probability distributions and evaluating business forecasts using regression and time series data.
MGT1100 – Management Principles
An analysis of the principles and theories of management and how they relate to the contemporary workplace will be undertaken in Management Principles. Management challenges linked to motivating and rewarding people, and the importance of effective communication skills will be examined. Of particular relevance are the benefits associated with effective team management and the inter-relationship to achieving organisational goals.
MGT1000 – Ethics, Sustainability & Social Responsibility
Ethics, Sustainability & Social Responsibility is a core unit in all Bachelor of Business courses. The concepts of corporate governance, social responsibility, environmental sustainability and the ethics of business will be examined in the context of emerging issues in the global business world. Important ethical issues examining alternative approaches to addressing the issues will also be considered.

Student workload

The table below indicates the expected student workload per week for this unit.
 No. timetabled hours per week (1) No. personal study hours per week (2) Total workload hours per week (3)
2 hours’ Lecture plus 1 hour Tutorial –Total 3 hours face-to-face per week 6 hours 9 hours
Total time spent per week at lectures, tutorials, clinical and other placements, etc. (2) Total time students are expected to spend per week in studying, completing assignments, etc. (3) Sum of (1) and (2) equals workload hours. For those students requiring additional English language support, a minimum of 2 additional hours per week should be allocated. For those students studying this unit by block delivery all hours shown above should be doubled.  
Assessment methods used for each course will vary depending on the individual unit of study. Generally, assessment will comprise one of more of the following methods with different percentage weightings being applied to each:

  • Class Test
  • Online Test or Quiz
  • Written Assignment
  • Oral Class Presentation
  • Examination
For example the unit, Marketing Principles (MKT1100) has the following assessment:
  • Class presentation (Individual class presentation based on group assignment; Topics 5-10) – 10%
  • Group Assignment (Topics 5-10) (2500 words written) – 30%
  • Exam (All topics; 3 hours duration) – 60%
The assessment requirements are detailed in the each "Subject Outline" in Moodle.

Key Dates and Fees

2019 Trimester Dates
  • Trimester 1 –––– 04 March - 12 July
  • Trimester 2 –––– 29 July - 06 December
  • Trimester 3 –––– 18 November - 14 February 2020
2019 Intake and Orientation Dates
 Intakes  Orientation
Trimester 1  04 March 22 February
Mid Intake  23 April  18 April
Trimester 2  29 July  19 July
Mid Intake  16 September  13 September
Trimester 3  18 November  08 November
For more information regarding Orientation please click here


Course Name Tuition Fee* (Per Annum) Duration
Diploma of Business $18,000 Full-time 1 Year
Bachelor of Business $18,000 Full-time 3 years
Bachelor of Business (Accounting) $18,000 Full-time 3 years
*Fees are subject to change without notice for new applications. More details on Refund Policy.
Higher Education Courses International Student On Student Visa Domestic Student
Application Fee $500 $250
2019 Overseas Student Health Cover (Single) $536 p/a and depends on course duration N/A
Materials and Resources (Excluding stationery) $300 per trimester $300 per trimester
Homestay Placement (Optional) $400 per student
Homestay Fee $300-$350 per week
Airport Pick Up (One way) (Optional) ($30 extra for flight arriving between 11pm—5am) $300 per person