Business management focuses on preparing students to organize and oversee the activities that keep a business running effectively.
Students gain a solid understanding of several different areas: accounting, marketing, human resources, etc.
Through a business management diploma program, you learn how to develop strategy, lead a team, make executive decisions, run an office, do accounting, and much more.
That can open the door to a wide range of career opportunities, including starting your own business.
Here at Herzing, business management is one of our most popular programs because it covers so much ground and leads to so many job options.
So what specific topics and skills are taught in a business management diploma program?
Let’s dig into the details.
BUSINESS AND MANAGEMENT PRINCIPLES
As you might expect, a business management diploma will introduce you to fundamental business principles.
You will learn about the environment that Canadian businesses operate in and how companies are organized and run.
You’ll also explore the role managers play and see how they coordinate various functions, such as marketing, finance, information technology, and HR.
Software skills are a key focus of any business management course.
You will receive in-depth training in standard business applications like the Microsoft Office suite (Word, Excel, Outlook, PowerPoint, and Access).
You’ll learn how to create reports and presentations, schedule meetings and appointments, work with spreadsheets, and manage data.
You will also get hands-on practice with accounting and payroll packages like QuickBooks and Sage.
By the end of the program, you should be comfortable with a wide range of software programs used by businesses today.
ACCOUNTING AND PAYROLL
Every good business management diploma program emphasizes accounting principles and procedures.
You’ll learn how to record transactions, work with journals, and produce and analyze financial statements. And you will become familiar with concepts like capital assets and long-term liabilities.
Business management training also covers payroll processing. You will delve into the details of income tax, employment insurance, pension plans, records of employment, and more.
Plus, a quality program will show you how to customize payroll setup for different business requirements.
SALES AND MARKETING
For managers, knowing what goes into marketing and selling a company’s products and services is critically important.
A business management program provides an overview of pricing strategies and sales techniques.
You’ll learn how to navigate the global marketplace, identify opportunities, develop effective promotion plans, and nurture customer relationships.
HUMAN RESOURCES MANAGEMENT
A business management diploma program will help you understand how to manage an organization’s number one asset: its people.
You will learn strategies for recruiting talent, supervising employees, and creating staffing schedules.
Perhaps most importantly, you’ll also learn how to motivate team members to give their best.
COMMUNICATION AND CUSTOMER SERVICE
Training also focuses on helping students boost their oral and written communication skills.
What’s involved in writing clear reports, emails, and letters? How can you deliver effective presentations? What’s the best way to handle customer complaints?
Those are the kinds of questions that a business management course will help you answer.
DOES A BUSINESS MANAGEMENT DIPLOMA PROVIDE ACTUAL WORK EXPERIENCE?
A good business management diploma program includes an internship so students can get work experience in a real business before they even graduate.
As part of her business management course at Herzing College, Gladys Gonzales interned at an Ottawa company that prints magazines and catalogues.
“I was responsible for many tasks during the internship. I prepared vacation reports, payroll entries and reports, and completed detailed data entry.
I also organized expenses, garnishment, vacations and leaves, personal information changes, as well as changes to pay.
I also learned how to deal with applicants. I conducted phone interviews for applicants, scheduled them for meetings, and prepared employment agreements for newly hired staff.”
WHAT CAN YOU DO WITH A BUSINESS MANAGEMENT DIPLOMA?
Business management diploma holders are qualified for a wide range of roles, including:
✅ Office manager
✅ Administration officer
✅ Business manager
✅ Marketing coordinator
✅ Financial officer
✅ Business development officer
✅ Account executive
Keep in mind, however, that you will likely start out in a non-supervisory position. Once you gain some administrative experience, you can advance into a management role.
GET STARTED WITH A BUSINESS MANAGEMENT DIPLOMA
A business management diploma provides comprehensive training without requiring years of study.
For instance, the Business Management program at Herzing College Ottawa is just 12 months long.
Training includes a 4-week internship at a local company.
Our graduates have landed jobs with Aramark, Earnscliffe Strategy Group, Revenue Canada, Carefor Health and Community Services, and many other organizations.
Need more information? An Admissions Advisor can answer all your questions about course content, tuition, financial aid, and more.
Click below to get further program details and connect live with an Advisor. We’re here to help!