Common Mistakes in Business Innovation and Entrepreneurship and How to Avoid Them: A Guide for Level 3 Diploma Students

The Level 3 Diploma in Business Innovation and Entrepreneurship is a comprehensive course that equips students with the skills and knowledge necessary to thrive in the dynamic world of business and entrepreneurship. This diploma covers a wide range of topics, including business planning, marketing strategies, financial management, innovation and creativity, and entrepreneurial mindset. Students will develop practical skills in areas such as opportunity identification, market analysis, problem-solving, and effective communication. The course combines theoretical concepts with real-world application, encouraging students to think critically and develop innovative solutions. Upon completion, students will have a solid foundation to pursue entrepreneurial endeavors, start their own business, or contribute to the growth and innovation of existing businesses.

This 60 credit Qualification has been created to develop and reward business innovators and entrepreneurs of today and the future, and to continue to bring recognition and professionalism to a wide range of sectors.

The rationale of the programme is to provide a career path for learners who wish to develop their care capabilities within any business-related sector. The outcome of the Diploma, which is a recognised UK Qualification, is for learners to develop the skills required by organisations globally.

OfQual Qualification Number: 603/1051/0

Learning Outcomes
? The ability to read and use appropriate literature with a full and critical understanding the ability to think independently and solve problems
? Applying subject knowledge and understanding to address familiar and unfamiliar problems
? Recognising the moral and ethical issues of business practice and research; appreciating the need for ethical standards and professional codes of conduct
? An appreciation of the interdisciplinary nature of business and service provision
? Capacity to give a clear and accurate account of a subject, in a mature way and engage in debate and dialogue both with specialists and non-specialists.
? To develop transferable skills and knowledge that will enable individuals to meet changes in business.
? To motivate individuals to progress to further professional development through future study or as part of their chosen career.
 

Progression

Successful completion of the Level 3 Diploma qualification enables learners direct entry to BA (Hons) Business Studies / BA (Hons) Global Business degree (fee - £5500 for LSIB learners) or you can pursue any other Level 4 Diploma qualification.

Equivalences

This qualification at Level 3 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to GCE AS/A Levels.

Qualification structure

The Level 3 Diploma in Business and Management qualification consists of 3 mandatory units and 3 optional units for a combined total of 120 credits.