Level 5 Award
in Business Development
Level 5 Award could transfer 20 credits and full tuition fees to Level 5 Diploma programs of SIMI Swiss.
Level 5 Award in Business Development
The aim of this award is to provide learners with the knowledge and skills to research a market and plan a development strategy, such as the launch of a new business model, new enterprise, product, or service line, while enhancing their ability to pitch and refine development strategies effectively.
Could transfer 20 credits and full tuition fee to the Level 5 Diploma in Business Management of SIMI Swiss.
Learning Outcomes:
1. Review relevant issues that are important to making business decisions.
- 1.1 Review several different business issues where decisions are needed and analyse stakeholder needs and expectations for each case.
- 1.2 Research and review all relevant information and knowledge on the business issues where decisions are needed.
2. Explore approaches to the decisionmaking process and how to improve approach.
- 2.1 Evaluate processes for obtaining relevant information on business issues for given organisations and identify where any strengths or weaknesses in approach exists.
- 2.2 Take decisions based upon information gained, provide justifications and say how the decision should be disseminated.
- 2.3 Make recommendations for improvements to the decision making process and make sure there is relevant participation in the process.
3. Recommend approaches to improve
decision making.
- 3.1 Plan for, communicate and oversee new approaches to decision making.
- 3.2. Identify and develop measures to allow the effectiveness of the decision making process to be evaluated.
Learning Outcomes:
1. Analyse the role that planning has in developing new business streams.
- 1.1 Use the TOWS matrix to identify a response to a future opportunity or threat.
- 1.2 Identify the business planning links between marketing, finance, HR and operations.
2. Conduct research into demand and assess market potential.
- 2.1 Produce an ‘opportunities matrix’ that supports strategy development and responses to external threats.
- 2.2 Use primary and secondary research to define the size of an opportunity.
- 2.3 Identify both tangible and intangible resources that exist and those required to support a development strategy.
3. Prepare a business model and present a business sales plan.
- 3.1 Develop a business model to support a development strategy.
- 3.2 Produce sales measures and key success factors.
- 3.3 Prepare and deliver a pitch to raise support and finance for a development strategy.
- 3.4 Take feedback on their development strategy and make improvements.
Indicative reading list
- Sorensen, H., (2012) Business Development; A Market-Oriented Perspective, Wiley
- Burns, P. (2012) Entrepreneurship and Small Business, Second Edition, Palgrave ISBN 1- 4039-4733-3 Part 1 Chapters 1-4, Part 2 Chapters 5-7, Part 4 Chapters 13-14
- Barrow, C. and Barrow, P. (2001). The Business Plan Workbook., Kogan Page, London
- Bazerman, M. & Moore, D. A. (2013) Judgment in Managerial Decision Making. 8th Edition; Wiley.
- Bridge, S., O’Neill., & Martin, F. Understanding Enterprise, 3rdEdition, Palgrave Macmillan 2009. Hardman, D. (2009) Judgment and decision making: psychological perspectives. BPS Blackwell.
Kahneman, Daniel (2012), Thinking, fast and slow, Penguin. - Newell, B. R. Lagnado D. A and. Shanks D. R. (2007) Straight choices: the psychology of decision making. Psychology Press.
- Rae, D. (2007) Entrepreneurship: from opportunity to action. Palgrave
- Martin & Smith, 2010 What is it that entrepreneurs learn from experience? Industry and Higher Education, Vol 24, No 6, December 2010, pp 505–512
- Rappa, M. (2001), “Business models on the web: Managing the digital enterprise,” [Online] <digitalenterprise.org/models/models.html >. Accessed: April 2016.
Entry requirements
- Learners must be over 18 years old.
- Relevant Level 4 Diploma or equivalent qualification
- Or GCE Advanced level in 3 subjects or equivalent qualification.
English requirements
If a learner is not from a predominantly English-speaking country, proof of English language proficiency must be provided.
- Common European Framework of Reference (CEFR) level B2 or equivalent
- Or A minimum TOEFL score of 101 or IELTS 5.5; Reading and Writing must be at 5.5 or equivalent
- Or A minimum Pearson Test of English Academic (PTE Academic) score of 51 or equivalent
The SIMI Swiss reserves the highest decision-making power for admission whether to accept or not accept after a specific review of each candidate’s profile to ensure that they can comprehend and gain benefits when participating. For the fake university or diploma mills, University Partners shall not be accepted.
After graduating with Level 5 Award, students receive all certified documents from the SIMI Swiss.
Certified Documents:
- e-Certificate from the Swiss Information and Management Institute (SIMI Swiss).
- Hard copy certificate from the Swiss Information and Management Institute (SIMI Swiss) – Optional.
- Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) certified from SIMI Swiss for credit and tuition fee transfer.
Because the program is accredited and recognized, students can easily use certified in the working environment and have many opportunities for career advancement. In addition, in case if you want to study for a SIMI degree or university partner degree, students can convert all credits and the full paid tuition fee when participating in the program University Partners.
The SIMI Swiss’ Level 5 Award means:
The SIMI Swiss Level 5 Award is a qualification at the higher undergraduate level and is equivalent to the following:
- Level 5 Certificate of the Regulated Qualification Framework (RQF) in the UK
- Level 8 Certificate of the Scottish Credit and Qualifications Framework (SCQF)
- Level 5 Certificate of the Credit and Qualifications Framework for Wales (CQFW)
- Level 5 Certificate of the European Qualifications Framework (EQF)
- Level 6 Certificate of the Australian Qualifications Framework (AQF)
- Level 5 Certificate of the ASEAN Qualifications Reference Framework (AQRF)
- Level 6 Certificate of the African Continental Qualifications Framework (ACQF)
Students can convert all credits and the full tuition fee when participating in the SIMI Swiss and/or University Partners academic programs if they want to study for an academic degree.
Credits transfer:
Learners can accumulate 20 credits from the Level 5 Diploma program. Please see the credit transfer policy HERE
Tuition fee transfer:
When participating in the Level 5 Diploma program, students who have graduated 1 Level 5 Award will receive a discount of full tuition fee which you paid. Please see the tuition fee transfer HERE
The SIMI Swiss micro-credential program allows for the transfer of credits and tuition fees into full degree programs from SIMI Swiss and/or its university partners. SIMI Swiss reserves the right to limit admissions once the number of students exceeds the quotas.
Apply Policy:
- To participate in the SIMI Swiss micro-credential program, students need to meet the entry criteria corresponding to each level. Please see the “Entry” tab for more details.
- SIMI Swiss will not accept applicants if their entry qualifications are from diploma mill universities or schools/universities that are not accredited.
- English is not a mandatory entry requirement for short course programs, but candidates need to ensure that English is used in reading documents, listening to lectures, and doing assignments. Candidates should note that English is a mandatory requirement when switching to an academic program at SIMI Swiss and University Partners.
Apply Process:
- Choose the program that suits your requirements.
- Email your application to support@simiswiss.ch with all the required documents. You could download the application form here.
- Our admission department will contact you and guide you through further processes if the registration documents need to be supplemented.
- SIMI Swiss will issue the Letter of Acceptant (LOA). You wil proceed to the next steps according to the instructions and pay tuition fee.
- SIMI Swiss will issue a student confirmation letter, login account to the e-learning system and related documents.
- You have become an official SIMI Swiss student and enjoy your study journey.
The SIMI Swiss micro-credential program is fully online, allowing you to study anytime, anywhere. You have the option to attend live classes with SIMI Swiss. The final exam will be uploaded to the system and evaluated by the academic panel of SIMI Swiss. Students must submit assignments on time; failure to do so will result in the student being considered to have discontinued the program.
Pricing Plans
Take advantage of one of our non-profit professional certified programs with favorable terms for your personal growing carreers.
- Live Class (Option)
- Full online videos
- e-Books
- Self study contents
- Online tutor videos
- Assignment guide
- e-Certificate
- Hard copy certificate
- Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) certified from University Partners for credit and tuition fee transfer
- Accreditation & Recognition certified from University Partners
- Deliver hard copy certificate and all certified documents to your home
- Transfer full credits & tuition fees to equivalent academic programs
- Get more support tuition fees and scholarships when becoming University Partners' international students
- (*) In the event that you receive a scholarship or discount, the fee you should transfer is the amount you actually paid.
SWISS MICRO CREDENTIAL
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If you interested this micro credential course, please feel free to contact with us! Please note that this program is a not for profit and learning with full online model.