Higher Education

Graduate Diploma in Business (GDB) - 081497K (QLD) 062950G (NSW) 061403J (VIC)

Objectives of this Course

Enhance your undergraduate degree with versatile business expertise. Holmes’ Graduate Diploma in Business is designed to provide you with a global business perspective, broadening your career options and paving the way to take on our Master of Business Administration (MBA). This post-graduate course encapsulates the knowledge and skills demanded in the globalised business environment of today. It is designed for both aspiring managers and people currently employed in business or management.

The GDB is designed to provide knowledge and skills embedded in contemporary business practice in an advanced course of study for both graduates and experienced managers. The course aims to develop graduates capable of generating strategic and creative solutions to problems in business and the public sector requiring a familiarity with interdisciplinary analysis. Graduates are in high demand in the public sector and small and large corporations in fields involving their initial expertise linked with accounting and finance, entrepreneurship, marketing or human resource management. Graduates may choose to set up small businesses as self-employed entrepreneurs. The course creates networking opportunities with cohorts of achievement oriented students and delivers strong return on investment for graduates.

The course can be completed in 1 year of full time study over two study periods. On completion of this course, there is the guaranteed pathway into the Holmes Master of Business Administration (MBA) which can be completed in just a further 6 months of full-time study.

The Holmes Advantage

The business world is constantly evolving, with issues such as changing technology, greater global mobility and increasing competition all factors in this process. As a business owner or professional, you need to understand the core business principles that help you succeed and stay ahead in today’s fast-paced world.

This program includes study in finance and budget control, marketing, global management and business strategy.

As well as guiding you towards bigger management roles, the Graduate Diploma of Business is a pathway to further study, including Holmes Institutes' Master of Business Administration (MBA) program. Graduates receive eight units of credit towards the MBA.

Course Structure and Content

Four core units must be completed plus four elective units.

GDB Core Subjects
HI 5001Accounting for Business Decisions
HI 5002Finance for Business
HI 5003Economics for Business
HI 6007Statistics for Business Decision Making

 

Electives
Choose one unit from the fifteen units below:
HI 5004Marketing Management
HI 5009Leading and Managing People and Relationships for Performance
HI 5010Innovation and Entrepreneurship
HI 5013Managing Across Borders
HI 5014International Business Across Borders
HI 5015Legal Aspects of International Business and Enterprise
HI 5016International Trade and Enterprise
HI 5017Managerial Accounting (prerequisite HI5001)
HI 5019Strategic Information Systems for Business and Enterprise
HI 5020Corporate Accounting (prerequisite HI5001)
HI 6005Management and Organisations in a Global Environment
HI 6006Competitive Strategy
HI 6011Leveraging Information Technology for Business
HI 6012Managing Operations and Supply Chains
HI 6027Business and Corporate Law

 

Core Subjects

HI 5001 Accounting for Business Decisions
Principles and practices of accounting as they relate to business decision making is the focus of this unit. The theory is applied to large organisations, both private and public, as well as to small and medium sized enterprises. The fundamentals of integrating accounting into the market valuation of business enterprises and the preparation and interpretation of the financial statements are canvassed. Relevant contemporary issues and challenges from the field are introduced.

HI 5002 Finance for Business
This unit provides an understanding of the operations of the financial system and capital market institutions locally and internationally. Both the banking and non-banking sectors are examined. Topics covered include: equities, short and long term debt instruments, derivatives, interest rates determination, forecasting and international finance. The management of risk is an essential component of this unit.

HI 5003 Economics for Business
Macroeconomic and microeconomic issues relevant to business are canvassed - the broad business and economic environment and range of settings in which managers work. The focus is on the development and use of economic principles and tools that equip business managers to operate in these settings. Questions addressed include: what makes firms competitive as well as what makes economies successful in a global environment. Policy issues addressed include: the issue of trade versus aid, imports and exports, investment and taxation policy.

HI 6007 Statistics for Business Decision Making
This unit engages students in the exploration of statistical analysis for the purpose of business decision making in a variety of settings. Emphasis is placed on understanding and justifying the use of statistical analysis in the context of critical reasoning in business problem solving. In addition, appropriate research methodologies and techniques (qualitative and quantitative) are explored as a strategic tool for business problem-solving. Statistical software packages are utilised to analyse and present data.  Different data presentation techniques are also discussed.

Elective Subjects

HI 5004 Marketing Management
Principles and practices of marketing management, both local and international, are addressed. The role of marketing in business as well as non-business settings is covered. Topics include the role of market research and metrics in the formulation of marketing strategy in response to specific market conditions. The tools of marketing such as positioning, segmentation, targeting, price, distribution and promotion are all elaborated.

HI 5009 Leading and Managing People and Relationships for Performance
The capabilities required to lead people and manage relationships effectively in a variety of circumstances is the unit focus. The human resource functions of delegation, leadership, conflict resolution and communication are applied in diverse settings. Theories of leadership and performance management anchor the discussions.

HI 5010 Innovation and Entrepreneurship
The processes of purposeful innovation and entrepreneurial management are explored in a variety of contexts: in start-up ventures, in large businesses and in service institutions and government operations. The role of innovation and entrepreneurship as crucial drivers of economic activity, albeit involving managed risk, is explored.

HI 5013 Managing Across Borders
The impact on the main issues in international management, such as the variety of social, political, economic, technological and cultural forces, are the focus of this unit. The theoretical frameworks underpinning the cross-cultural management of international enterprises are expounded.

HI 5014 International Business Across Borders
The unit provides a broad introduction to the economics of the international business enterprise. Market, financial and productivity analysis is used to develop empirically-based strategies for both firms and industries operating in an international setting.

HI 5015 Legal Aspects of International Business and Enterprise
Elements of international law, relevant to an international manager such as: contract, commercial, employment and company law are explored along with business regulation, arbitration law and business ethics. The role of International organisations such as the World Trade Organisation, the International Monetary Fund, and the International Property Organisation is also discussed.

HI 5016 International Trade and Enterprise
Theories of trade (Ricardian and Heckscher-Ohlin models) are expounded in the context of international economic policy. Trade instruments and barriers to trade, such as tariffs, quotas and subsidies and their impact on welfare are also elaborated along with the influence of international trading bodies and organisations.

HI 5017 Managerial Accounting
Processes relating to accounting information are studied: from generation to communication, interpretation, and ultimately usage in operational and strategic decision making. As the approach is case-oriented, there is strong emphasis on the ability to diagnose and evaluate a situation and identify underlying assumptions so as to make effective business decisions.

HI 5019 Strategic Information Systems for Business and Enterprise
This unit examines accounting-based information systems and business processes. Concepts relating to the management and organisational use of computer based information systems are explored, in particular, the design of accounting-based information systems able to provide support for business strategy formulation.

HI 5020 Corporate Accounting
The theoretical framework and practical techniques of accounting for corporate groups forms the focus for this unit. Areas of study include company formation, profit distribution, capital reconstruction, liquidation and preparation of consolidated accounts for groups of entities required under Accounting Standards and Stock Exchange regulations.

HI 6005 Management and Organisations in a Global Environment
Management, described by some as an art and by others as a science, has no precise formulation. Students of management are expected to develop and in-depth knowledge of management concepts but also a critical appreciation of the controversies that besiege them. As management operates in a globalised business environment, the multi-faceted nature of the management challenge is even more demanding.  The world is becoming a Global Village, managers (even those in small business) must increasingly look to the world for markets, competitive threats and opportunities. As such managers must increasingly be able to transcend the norms and biases of their own culture and comfort zones and be competent in communicating and competing with managers and others from other cultures and norms.

HI 6006 Competitive Strategy
The process of strategy formulation, applicable in a variety of organisational contexts, is introduced from the principles and practices in the field. Examples are chosen from large organisations in both the private and public sectors, as well as from small to medium enterprises. Advanced knowledge of strategies that deliver competitive advantage is detailed. The drivers of strategy are explored in the context of a globally competitive business environment.

HI 6011 Leveraging Information Technology for Business Advantage
The impacts and influences of Information Technology on shaping and developing business environments is examined. The unit explores the deployment of IT in a wide variety of industries and environments to leverage business advantage - such as the re-engineering of business processes and the yielding of competitive edge. IT's impact on a manager's own personal environment and strategic decision making is also explored

HI 6012 Managing Operations and Supply Chains
Viability in the modern management environment is analysed in terms of the underlying value chain and value proposition. For an enterprise to successfully forge its niche, the value driver demands that it delivers efficiencies in the external and internal supply chains.  The enabling technologies that provide these efficiencies are elaborated.

HI6027 Business and Corporate Law
The focus of this unit is to provide students with an understanding and awareness of the principles and practices of Australian business law. It provides an understanding of the Australian legal system, the law of tort, contract law, consumer protection law, agency law, laws governing forms of business ownership, laws governing financial transactions, and employment law.

 

Course Location
Melbourne
Sydney
Brisbane
Gold Coast