THE SOCIETY OF BUSINESS PRACTITIONERS
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- Laureen Allison
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1 THE SOCIETY OF BUSINESS PRACTITIONERS PROSPECTUS The Society of Business Practitioners was established in the United Kingdom by, and for the benefit of, a group of highly successful business practitioners. Their objective was to share a common wealth of knowledge, skill and experience, with the aim of furthering and protecting the success of each member of the Society. This aim achieved, the Society grew from strength to strength, leading to the introduction of new members, gaining entry by qualifying examination and a world-wide expansion to allow membership from other nations. Today, the Society has become the accepted senior professional body for business practitioners and business students, with a wide international distribution of members, embracing the complete range of business activities and integral disciplines. The Society s Diploma awards are valuable, internationally recognised business qualifications which attract credits and exemptions from other institutes and educational establishments. Employers of commerce and industry look to the Society to provide professional business executives capable of enhancing business performance. The Society adopts a strong international role in all its activities, with offices or representatives in many nations, actively serving the needs of local members, organising locally the SBP Diploma and other examinations and developing essential working relationships with government departments, educational establishments, professional institutes and employers. A number of the Society s senior members hold key positions in these areas, thus enabling the Society to make its voice heard in business and education forums, further encouraging the development of entrepreneurial practice, in a spirit of international co-operation. Under the Society s continuous improvement policy, increased growth has beneficially changed the Society s infrastructure with permanent representation in many countries. A long-standing involvement in Asia has led to a syllabus content and qualifications being offered in languages applicable to several countries through international agreement by our Committee of Examiners. 1
2 THE PRIMARY OBJECTIVE OF THE SOCIETY To encourage, promote and develop through its Members, a standard of excellence in business practice, which can contribute to the well-being of nations and their peoples. This objective is achieved by: Strict criteria governing membership entry based on a high level of qualification and suitability of applicants Arranging the provision of quality tuition to prepare candidates for the Society s Diploma examinations Issue of the Society s Diploma Awards to successful examinees Dissemination of business information to members and other selected parties Supporting the Society s international offices and local representatives to develop optimum services to members and students Providing advice, guidance and help to members and students in relation to business practice, education and personal development Working in liaison with governments, members, educational establishments, other professional bodies, employers in industry and commerce and other influential organisations, world-wide, in pursuance of excellence in business practice and business education. Working for the improvement of nations and their peoples and for international understanding 2
3 MEMBERSHIP Membership is open to persons occupied in business practice or business students who are considered suitable by the Membership Committee and in accordance with the conditions described below. STUDENT (minimum age 18 years) Open to applicants who are following a course of study in preparation for the examinations of the SBP Diploma in Business Administration or an equivalent qualification. Applicants must also possess 4 GCSE passes at C Grade or higher, including one in English Language and two at A level (or equivalents). MEMBER (minimum age 21 years) Full Membership status is open to applicants who have obtained the SBP Advanced Diploma in Business Administration, (or its equivalent) and can give evidence of holding an executive position in business practice for at least 3 years. Mature applicants with at least 5 years senior executive experience will be considered but may be asked to complete a thesis of at least 3,000 words on an agreed business topic and on which entry will depend. CERTIFIED PROFESSIONAL MANAGER (minimum age 23 years) Membership exclusively for holders of the Society s Postgraduate Diploma in Business Administration and at least 3 years full-time experience in business administration management. FELLOW (minimum age 30 years) Senior level membership for members or non-members who have demonstrated a high level of achievement in business practice and possesses an acceptable level of qualification equal to the Society s Postgraduate Diploma in Business Administration. Mature applicants with an acceptable level of business experience will be considered but may be asked to complete a thesis of at least 5,000 words on an agreed business topic. HON. FELLOW Honorary Fellowship may be offered to any person who, in the opinion of the Membership Council, has rendered outstanding service to the Society or to business practice or business education. DESIGNATORY TITLES Members of the Society are entitled to use the following letters after their names: Student... Stu.SBP Member... M.SBP Fellow... F.SBP Certified Professional Manager... CPM.SBP Honorary Fellow... Hon.F.SBP 3
4 EXAMINATION ENTRANCE The SBP Diploma in Business Administration, Advanced Diploma in Business Administration and Postgraduate Diploma in Business Administration or International Marketing are internationally recognised professional qualifications for business practitioners. REGISTRATION DIPLOMA IN I BUSINESS ADMINISTRATI ION 1. Must be 18 years of age or over 2. Must be a Registered Student or Member of the Society 3. Must have at least one of the following: NOTE: Four GCSE passes at Grade C or higher, one of which must be in English Language and two of which must be at A Level (or equivalents) BTEC Ordinary or Higher Certificate or Diploma in Business & Finance (or equivalent) Passed matriculation or entrance examinations of a recognised University Passed LCCI Stage II (Intermediate) level examinations or RSA Stage III Level examinations An equivalent qualification from a recognised professional institute The Examination Committee may, at its discretion, allow exemption from the above entry requirements, to mature candidates aged 25 years or over, possessing an adequate level of education and practical business experience. ADVANCED DIPLOMA IN I BUSINESS ADMINISTRATI ION 1. Must be 18 years or over 2. Must have obtained the Society s Diploma in Business Administration (or its equivalent) NOTE: Direct entry is available to candidates who have been exempted from the Diploma in Business Administration 4
5 POST GRADUATE DIPLOMA IN I BUSINESS ADMINISTRATI ION & POST GRADUATE DIPLOMA IN I INTERNATII IONAL MARKETING Candidates must have at least one of the following: 1. The Society s Advanced Diploma in Business Administration 2. A Degree in a business subject from a recognised University. 3. A qualification from a recognised professional institute which is equivalent to the Advanced Diploma in Business Administration. NOTE: Exemptions will not allowed from any of the examination papers of the Postgraduate Diplomas EDUCATION There are numerous study centres in many countries which offer tuition for the Society s Diploma examinations and awards. These centres are reputable colleges, locally accredited and assessed and selected by the Society. Annual on-site inspection visits are made by the Society to ensure the continuation of a high standard of courses, teaching staff, facilities and other criteria. Intending students should contact the Society for details of recommended study centres in their area. EXEMPTIONS EXEMPTIONS FROM THE SOCIETY S EXAMINATIONS Equivalent examinations passed with other approved examination bodies qualify for grant of exemptions from the Society s examinations on a subject-for-subject basis. These are subject to documentary proof and payment of exemption fees. NOTE: Exemptions cannot be given from any of the Examination Papers of the Postgraduate Diplomas. 5
6 EXEMPTIONS FROM THE EXAMINATIONS OF OTHER PROFESSIONAL INSTITUTES Holders of the Society s awards are usually offered exemptions from the examinations of recognised professional institutes. Reciprocal exemptions agreements have been entered into with many institutes and a selection of these are shown below. Association of Business Executives Association of Cost & Executive Accountants Centre Association of Certified Accountants Chartered Insurance Institute Cyprus Institute of Marketing Corporation of Executives & Administrators Institute for the Management of Information Systems Institute of Administrative Management Institute of Management Specialists. Institute of Personnel & Development Managing & Marketing Sales Association Professional Business & Tech. Management United Examination Board UNIVERSITIES A number of Universities accept the Society s awards for entry to Degree Programmes and/or grant of credits. Applicants should apply direct to Universities for course entry. Each establishment has its own entry conditions which may vary in each case. EXAMINATION INFORMATION EXAMINATION QUESTION PAPERS Examination Question Papers are written and marked externally by independent Examiners and Moderators from educational establishments. TUITION Tuition is available from selected centres in many countries. Courses require at least 110 hours of study for each Examination Paper subject. This applies whether study is full-time, part-time or via distance learning. Some study centres offer distance learning tuition tailored to the SBP Syllabus. This can be combined with face-to-face tuition if required. EXAMINATIONS Registration for examinations may be made at local centres or direct to the Society. 6
7 CLOSING DATES Examination candidates must register in compliance with the following closing dates: February Examinations Closing date 1st October June Examinations Closing date 1st February October Examinations Closing date 1st June RESULTS & RESITS Candidates are notified of their Examination results within 10 weeks from the date of Examination. Application to resit failed papers must be made immediately. EXAMINATION STRUCTURE DIPLOMA IN I BUSINESS ADMINISTRATI ION Candidates will be required to sit and pass all five Examination Question Papers (compulsory subjects). The structure has been modified from the main SBP Syllabus to meet the needs of business practitioners and students in the Far East. Examination Paper 1 Examination Paper 2 Examination Paper 3 Examination Paper 4 Examination Paper 5 Business Administration/Management Economics Principles of Accounting Communication in Business Principles & Practice of Selling SINGLE SUBJECT CERTIFICATE For candidates who have not passed all five papers of the Diploma in Business Administration, a Certificate can be issued to cover the Papers passed for a small additional charge. ADVANCED DIPLOMA IN I BUSINESS ADMINISTRATI ION Candidates will be required to sit and pass all five Examination Question Papers (compulsory subjects). The structure has been modified from the main SBP Syllabus to meet the needs of business practitioners and students in the Far East. 7
8 Examination Paper A Examination Paper B Examination Paper C Examination Paper D Examination Paper E Production & Operations Management Marketing Management Statistics Financial & Management Accounting Management of Human Resources SINGLE SUBJECT CERTIFICATE For candidates who have not passed all five papers of the Advanced Diploma in Business Administration, a Certificate can be issued to cover the Papers passed for a small additional charge. POST GRADUATE DIPLOMA IN I BUSINESS ADMINISTRATI ION Candidates will be required to sit and pass all five Examination Question Papers (compulsory subjects). The structure has been modified from the main SBP Syllabus to meet the needs of business practitioners and students in the Far East. Examination Paper 1 Examination Paper 2 Examination Paper 3 Examination Paper 4 Examination Paper 5 Corporate Strategic Planning Organisational Behaviour International Marketing or Management Information Systems Advanced Management Accounting Entrepreneurship POST GRADUATE DIPLOMA IN I INTERNATII IONAL MARKETING Candidates will be required to sit and pass all five Examination Question Papers (compulsory subjects). The structure has been modified from the main SBP Syllabus to meet the needs of business practitioners and students in the Far East. Examination Paper 1 Examination Paper 2 Examination Paper 3 Examination Paper 4 Examination Paper 5 Corporate Strategic Planning Organisational Behaviour International Marketing Strategic Marketing Planning Exporting 8
9 SYLLABUS DIIPLOMA IIN BUSIINESS ADMIINIISTRATIION EXAMINATION PAPER 1 ~ BUSINESS ADMINISTRATION/MANAGEMENT Management philosophy The nature & role of management Corporate management structures Organisational approaches Human relations Styles of management Responsibility & leadership Nature of authority Manager qualities Corporate & departmental policy making Strategic planning Establishing objectives Control systems Management tools Decision making Management techniques Delegation Performance measurement Economics of management Management resources Functional management Line management Problem diagnosis & analysis Management of people Functional administration Group behaviour Management information Business executive skills Management training & development Management information systems EXAMINATION PAPER 2 ~ ECONOMICS The economic system Economic laws Production of goods & services Demand Elasticity of demand Supply Determination of price Markets Perfect & imperfect competition Profit Competition Monopoly Restrictive practice The entrepreneur Commerce & industry Business & public structures Business performance Theory of value National income & expenditure Trade cycle International trade Population Wages Rent Interest Credit Money Central banks Commercial banks The capital market Macro economics Balance of payments. EXAMINATION PAPER 3 ~ PRINCIPLES OF ACCOUNTING Public finance The business unit as an entity & as a going concern Accounting & the Companies Act The nature & purpose of the accounting function Sources of accounting information Assets Interpretation of accounting data Recording financial data Sources of finance The balance sheet Trading and profit & loss accounts Double entry methods Trial balance Accounting periods Breakeven analysis Profit measurement Fixed & current assets Current & long-term liabilities Understanding costs Ratio analysis Standard & marginal accounting Depreciation Budgets Inflation Cash cycle - Interpretation of tabular data, charts & diagrams Banking procedures. EXAMINATION PAPER 4 ~ COMMUNICATION IN BUSINESS Importance of effective communication Language Timing Communication media Mental attitude Opinion & fact Clarity of thought Subjectivity & objectivity Perception & understanding Barriers to communication Intellectual, cultural & attitudinal influences Motivation Organisation of 9
10 information Methods of communication The two-way communicational process Organisational internal lines of communication Vertical, quasi-vertical & horizontal communication Influence of status & authority Body language Communicating the company image External communication Letters Telex Facsimile Internet/Intranet - Telephone Telegrams Video film Computer link Public speaking Interviews Internal communication Memoranda Reports Internal telephones Charts & graphs Discussions & meetings Training Personal contact Films Libraries & reference information Internal interviews Effective listening & reading. EXAMINATION PAPER 5 ~ PRINCIPLES & PRACTICE OF SELLING Origin & development of selling as a profession The philosophy of selling The selling environment The selling act Sales executive s personal qualities Correct mental attitude & personal motivation Loyalty to customer & company Classification of goods & services Human behaviour & selling Communication and selling Sales forecasts, targets & quotas The selling sequence Product knowledge Product features & benefits Prospecting Pre-approach planning Territory & journey planning Record keeping The approach The sales interview Demonstration A.I.D.A. Closing a sale Leads Dealing with objections & complaints Time management Using the telephone Sales techniques. ADVANCED DIIPLOMA IIN BUSIINESS ADMIINIISTRATIION EXAMINATION PAPER A ~ PRODUCTION & OPERATIONS MANAGEMENT The production function The production manager Marketing & production Determining market needs Organisation of the production unit Training & development of production personnel Recruitment, selection & training of machine operators Organisation of single, multi or team working Shift & continuous working systems Flexitime systems Operator performance measurement Materials specification Selection & purchase of materials Materials quality control Materials stock control Materials store management Internal stock requisition procedures Stock rationalisation Quality circles Selecting plant & machines Purchasing, leasing or hiring Plant layout & workflow systems design Materials handling Plant health & safety legislation Planning installation of machines Machine function level planning Plant & machine maintenance scheduling Automation, mechanisation & computer operations Batch production Flow production Special order production Methods specification & time standards Production scheduling & programming Work progress control - Project network analysis Gannt charts Flow diagrams Process charts Critical path analysis PERT Work sampling Learning curve analysis. 10
11 EXAMINATION PAPER B ~ MARKETING MANAGEMENT Marketing organisation Qualities of the marketing manager Responsibilities of the marketing manager Marketing as strategic behaviour Corporate marketing policy Nature of marketing problems Corporate analysis, diagnosis & prognosis Applying the marketing concept Management of the marketing information & research function Information needs & collection Marketing research & planning operations Management of the product planning function Product planning activity analysis Planning for existing & new products Critical path analysis Managing the advertising & promotion function Planning advertising & promotion Media planning Finance of advertising & promotion Management of the sales & distribution function Sales planning & control Coordination & control of the marketing functions Monitoring & control of the marketing functions Performance measurement. EXAMINATION PAPER C ~ STATISTICS Nature of statistics Forms of information Accuracy & approximation Numerical data Primary & secondary data Sources of information in an organisation External sources of information Accuracy of information Tolerance, error & rounding Methods of information collection Surveys, observation, interviewing & questionnaires Sampling theory & practice Skill with figures Vocabulary of mathematics Operations sequence Presentation of facts & figures Tabulation, charts, graphs & diagrams X charts & Lorenz curves Moving totals & moving averages Summarising data Averages & dispersion Estimation & probability Statistical quality control Trends & forecasting Frequency distributions Correlation. EXAMINATION PAPER D ~ FINANCIAL & MANAGEMENT ACCOUNTING Financial Management of a business organisation Balance sheet analysis Return on capital Accounting ratios Funds sources & their creative application Management accounting principles & techniques Management accounting reports Inflation accounting Current purchasing power Current cost accounting Break-even analysis Achieving financial balance Financial planning Capital budgets Operating budgets Cash forecasting Budgeting & budgetary control Short-term cost behaviour Capital costs structure & gearing Capital costs, debt & equity Fund flow statements Marginal & standard costing Differential costing Cash flow Capital projects Internal & external pricing Profit control Variance analysis Control analysis strategy Planning & control of capital expenditure Charts & graphs Accounting & business systems Computer techniques in financial management. EXAMINATION PAPER E ~ MANAGEMENT OF HUMAN RESOURCES Organisational behaviour Sociology Psychology Applied psychology Hierarchy of needs Individual psychology Individual differences Group behaviour Work motivation Learning & conditioning Health & safety The working group Testing methods interviewing techniques - Nature of 11
12 leadership Personal & impersonal relationships Human communication Personnel management Corporate manpower planning Job analyses, specifications & descriptions Recruitment & selection Induction Individual development Systematic training policies Training methods & techniques Labour turnover forecasting Promotion & lateral transfer Demotion Discipline Employment legislation Dismissal Retirement & resignation Appraisal Job evaluation & performance measurement Remuneration strategy Conditions of employment The employment contract Effects of change Structure of the personnel department Personnel data & statistics Computer techniques. POST GRADUATE DIIPLOMA IIN BUSIINESS ADMIINIISTRATIION EXAMINATION PAPER 1 ~ CORPORATE STRATEGIC PLANNING Nature of corporate planning Corporate planning as a management process The role of the chief executive Introduction of corporate planning to an organisation Corporate planning systems & organisation The basic model Forms of plans Planning levels Planning periods Organisation of the corporate planning department Job specification in planning Practical phases of planning Corporate objectives, guidelines & policies Information base SWOT analysis Strategy formulation Action programmes Financial aspects of planning Planning letters Schedules in the planning cycle Format & presentation of plans Unit plans Co-ordination of unit plans & approval Monitoring & control Format of control reports Preparation & presentation of control reports Variances Frequency of reporting. EXAMINATION PAPER 2 ~ ORGANISATIONAL BEHAVIOUR Nature of behavioural science Applied psychology Organisational philosophy Organisational sociology Research methodology Ethics & the organisation Health & safety at work Individual hierarchy of needs Corporate hierarchy of needs Work motivation Individuality Nature & functions of groups Personal & corporate stability Formal & informal behaviour Corporate psychology Attitudes & personality Culture & work Social, economic, political & technological change effects The power game Corporate politics The competitive spirit Psychology of management Authority, roles & status Styles of management Objective thinking Decision-making Employee performance Nature & effects of conflict Communication & human relations Value & effects of training Personnel assessment & development Job satisfaction & enrichment Creation & maintenance of morale Employee welfare. 12
13 EXAMINATION PAPER 3 ~ INTERNATIONAL MARKETING The nature of international business Ethics & international marketing The world s markets Trade blocks International & multination companies Overseas agencies Franchisers & licences Joint ventures Exporting & importing Political & financial incentives of multinational marketing Environmental & ecological aspects of international marketing - International market research Behavioural research World market information banks Identification of specific product markets Socio-economic & cultural research National trade infrastructures National law & foreign trade International trade regulations Trade barriers Trade tariff, customs & quota systems Free trade areas Offshore operations International marketing Planning & control Market entry Market penetration Marketing mix planning Product planning International quality control Pricing strategies International distributive channels Advertising, promotion & selling Handling competition. EXAMINATION PAPER 3 ~(option) MANAGEMENT INFORMATION SYSTEMS Competitive & strategic uses of information systems socio-technical approach of text v. technical & behavioural approaches use of competitive forces & value chain modes in identifying opportunities for strategic information systems concept & salient features of organisations affecting information systems issues arising during systems design, building & management relationship between information systems & ethical, social & political needs of societies basic components & terminology of hardware computer representation of processed information & system design decisions role & types of software effective file management databases & maintenance managerial & organisational requirements of database environments role of telecommunications, networks & applications client /server models of computing Internet & electronic commerce/ business Intranets & Extranets management issues raised by enterprise-wide computing systems development as a socio-technical process of planned organisational change - concepts of systems analysis & design development, analysis, feasibility, requirements, specifications, programming, testing, conversion, production & maintenance EXAMINATION PAPER 4 ~ ADVANCED MANAGEMENT ACCOUNTING Monetary economics The UK Companies Act & accounting Current statute law for business EC statute law for business International accounting practice Handling pre & post incorporation profit Taxation Liquidations Amalgamations Reconstructions Consolidations & publications Capitalisation of profits Management & financial information systems Interpretation of balance sheets, profit & loss statements & funds flow statements Advanced accounting techniques Break-even analysis Managing inflation Managing working capital Advanced costing techniques Auditing Integrated accounting systems Business performance evaluation & control Coordination of budgets Accounting ratios in planning Redemption of 13
14 debentures & preference shares Valuation Technique for profit maximisation Discounted cash flow Project funding. EXAMINATION PAPER 5 ~ ENTREPRENEURSHIP Perspective of entrepreneurship The entrepreneurial philosophy The nature of psychology of the entrepreneur The background & characteristics of the entrepreneur The entrepreneurial process The four key factors of vision, flexibility, motivation & risk Essential salesmanship Creating & developing business Business plans Marketing plans Financial plans Organisational plans Sources of finance & capital Financing new ventures Managing new ventures Legal issues Franchising & direct marketing. POST GRADUATE DIIPLOMA IIN IINTERNATIIONAL MARKETIING EXAMINATION PAPER 1 ~ CORPORATE STRATEGIC PLANNING Nature of corporate planning Corporate planning as a management process The role of the chief executive Introduction of corporate planning to an organisation Corporate planning systems & organisation The basic model Forms of plans Planning levels Planning periods Organisation of the corporate planning department Job specification in planning Practical phases of planning Corporate objectives, guidelines & policies Information base SWOT analysis Strategy formulation Action programmes Financial aspects of planning Planning letters Schedules in the planning cycle Format & presentation of plans Unit plans Co-ordination of unit plans & approval Monitoring & control Format of control reports Preparation & presentation of control reports Variances Frequency of reporting. EXAMINATION PAPER 2 ~ ORGANISATIONAL BEHAVIOUR Nature of behavioural science Applied psychology Organisational philosophy Organisational sociology Research methodology Ethics & the organisation Health & safety at work Individual hierarchy of needs Corporate hierarchy of needs Work motivation Individuality Nature & functions of groups Personal & corporate stability Formal & informal behaviour Corporate psychology Attitudes & personality Culture & work Social, economic, political & technological change effects The power game Corporate politics The competitive spirit Psychology of management Authority, roles & status Styles of management Objective thinking Decision-making Employee performance Nature & effects of conflict Communication & human relations Value & effects of training Personnel assessment & development Job satisfaction & enrichment Creation & maintenance of morale Employee welfare. 14
15 EXAMINATION PAPER 3 ~ INTERNATIONAL MARKETING The nature of international business Ethics & international marketing The world s markets Trade blocks International & multination companies Overseas agencies Franchising & licences Joint ventures Exporting & importing Political & financial incentives of multinational marketing Environmental & ecological aspects of international marketing - International market research Behavioural research World market information banks Identification of specific product markets Socio-economic & cultural research National trade infrastructures National law & foreign trade International trade regulations Trade barriers Trade tariff, customs & quota systems Free trade areas Offshore operations International marketing Planning & control Market entry Market penetration Marketing mix planning Product planning International quality control Pricing strategies International distributive channels Advertising, promotion & selling Handling competition. EXAMINATION PAPER 4 ~ STRATEGIC MARKETING PLANNING The strategic planning process Organising marketing planning personnel Assessment & appraisal of marketing opportunities Intensive opportunities Integrative opportunities Extensive opportunities Matching company objectives & market opportunities Hierarchy of objectives Developing information systems Selection & analysis of specific marketing opportunities Assessment of competition Market segmentation strategy Market penetration strategy Market positioning strategy Market share Marketing mix policy & planning Product planning & development Pricing policy & planning Advertising & promotion planning Sales Management Distribution channel policy & planning Formulation of strategic plans Performance monitoring Follow-up & adjustment information subsystems planning Communication of market response feedback Financial aspects of strategic planning. EXAMINATION PAPER 5 ~ EXPORTING The role of exporting in an economy Company export department organisation The export management task Exporting & marketing Market research Sources of overseas market information Identification of export markets Exporting, forecasting & planning Representation abroad Agents Subsidiaries Joint ventures Export houses Contractual agreements Qualities & skills of the export salesperson Visiting the export markets Export of technical expertise Participation Overseas sales branches Overseas advertising & promotion Overseas public relations The export transaction Obtaining export orders Processing export orders Special clauses & quotations Offer & acceptance Export documentation Government export bodies International export bodies Export credit guarantee procedures Letters of credit International banking support Financial arrangements Invoicing & payment Distribution Distribution, freight & packing Air cargo containerisation Insurance. 15
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