PG1 Business Diplomas Faculty of Business and Information Technology Programme Guide 2016 Course of study and programme specific completion requirements. This programme guide provides you with specific programme information and course summaries for the Business Diploma programmes. Prior to selecting your courses and occurrences, please ensure that you work with both this programme guide (PG1) and the latest version of the timetable (T1). These documents are available online http://www.manukau.ac.nz/fobitguide. For all programmes in this guide we recommend you bring your own laptop. Please see page 10 for the recommended minimum specifications. PROGRAMMES OFFERED: MN4516 MIT DIPLOMA IN BUSINESS (LEVEL 5) PAGE 3 NC5121 NEW ZEALAND DIPLOMA IN BUSINESS (LEVEL 6) PAGE 5 ACCOUNTING FOCUS AND GENERAL NEW ZEALAND DIPLOMA IN BUSINESS COURSE SUMMARIES AND PRE-REQUISITES FOR ALL PROGRAMMES LISTED PAGE 8 STUDYLINK - EFTS IN RELATION TO YOUR STUDENT LOAN PAGE 11 If you require information about the progress of your enrolment contact: Christine Walker Programme Administrator 975 4673 christine.walker@manukau.ac.nz If you require help planning your course of study: Uma Moodley Programme Co-ordinator 975 4642 uma.moodley@manukau.ac.nz Nuddy Pillay Programme Leader 975 4651 nuddy.pillay@manukau.ac.nz Some programmes require you to refer to this information during the academic year. We recommend that you file this document for safe keeping. FACULTY OF BUSINESS AND INFORMATION TECHNOLOGY MIT Manukau, Reception, Floor 2, Corner of Manukau Station Road and Davies Avenue Private Bag 94 006, Auckland 2241. 09 975 4564 manukau.ac.nz facultyofbusinessandit@manukau.ac.nz PROGRAMME GUIDE 1 2016_V3.0
FOR NEW STUDENTS ONLY If you are using the online process to enrol you would have already clicked on Accept to accept the offer to study. The next step is to use the Select Courses screen (example shown below). Please ensure that you work with both this programme guide (PG1) and the latest version of the timetable (T1). Now select your courses, then finish by clicking on Confirm Courses (example shown below). (Please note - if you are a re-enrolling student please use the Re-enrolment form E2 please visit us at the Faculty Reception). Once you have made your selection, please finish by clicking Confirm Courses GLOSSARY OF TERMS Compulsory course A course which must be studied as part of a programme of study by all students. Core A course in a group of courses from which a certain number must be taken. Cross credits A Cross Credit is given to a student when they have successfully completed a course at MIT or another institution, which is equivalent to a course on their present programme. Occurrence The time and place that a course is held. Optional courses A course which may be taken as part of a programme of study but is not compulsory. Pre-requisite One or more specified courses which must be completed before a student is permitted to proceed to another course or programme. Programme A set or group of courses that must be passed by a student to meet the requirement of a qualification.
MIT DIPLOMA IN BUSINESS * LEVEL 5 MN4516 Method of study Qualification Duration Start dates Full time or part time MIT Diploma One year (full time) February and July Credits 120 Cost (2016 Fees) ABOUT THE PROGRAMME $5900 (approx) per year The MIT Diploma in Business provides a great foundation in Business that will develop your all-round business acumen, which you can use to increase your opportunities for promotion or staircase into further study. The programme has a focus on core business skills and knowledge such as Accountancy, Management, Economics, Marketing and Commercial Law. It also allows you the flexibility to tailor your study to areas of interest and personal need, e.g. Accounting, Management or Marketing. You will also develop your knowledge of computing, as well as interpersonal and organisational communication essential for any business career. You will also develop critical thinking skills as well as improving writing and speaking skills essential for any career. Completion of the MIT Diploma in Business opens doors to further study options such as the New Zealand Diploma in Business (Level 6) or the Bachelor of Applied Management with its wide range of majors. To discuss this further please contact the Faculty Reception, Floor 2 on (09) 975 4564 for an appointment with the Programme Leader. To graduate with the MIT Diploma in Business (Level 5) You may complete the degree without a major. The Programme Leader will approve your course of study. Students must successfully complete 6 courses (120 credits) drawn from the New Zealand Diploma in Business, made up as follows: No less than 80 credits drawn from the core New Zealand Diploma in Business Courses at Level 5 listed below and; No more than 40 credits from the New Zealand Diploma in Business courses at Level 6 where all pre-requisites have been met. To enrol in Level 6 courses your course of study must be approved by the Programme Leader. CORE COURSES 183.508 Business Communication 560 311.539 Accounting Principles 500 323.509 Introduction to Commercial Law 510 351.511 Fundamentals of Marketing 541 353.503 Organisation and Management 530 371.513 The Economic Environment 520 311.530 + Accounting Practices 501 (recommended for those choosing the Accounting pathways in the New Zealand Diploma in Business or Bachelor of Applied Management). + Pre-requisite 311.539 Accounting Principles 500 The MIT Diploma in Business can be completed part time, allowing you to carry on working as you study. All courses on the MIT Diploma have evening classes. New Development tailor-made for your future study: If you complete the MIT Diploma in Business for a total of 120 credits, you will be eligible to progress to the second year of the Bachelor of Applied Management programme. You will gain cross credits in the six courses you have completed plus two additional unspecified cross credits. * Please note it is likely that NO NEW APPLICATIONS will be accepted on this programme after Semester 1, 2016. 3
RECOMMENDED COURSE OF STUDY The recommended study for a full time student is: FIRST SEMESTER 183.508 Business Communication 560 353.503 Organisation and Management 530 (Management focus) and ONE of the following depending on your focus: 311.539 Accounting Principles 500 (Accounting focus) 351.511 Fundamentals of Marketing 541 (Marketing focus) SECOND SEMESTER Choose BOTH Level 5 courses below: 371.513 The Economic Environment 520 323.509 Introduction to Commercial Law 510 The third course is selected from ONE of the TWO you did not do in Semester 1. Either: Accounting Principles or Fundamentals of Marketing. ENTRY REQUIREMENTS Applicants must have: A minimum of 14 numeracy credits at level one or higher in Mathematics or Pangarau on the Directory of Assessment Standards; and Fifty credits at level two or above with at least 12 credits in each of three subjects including a minimum of 8 literacy credits at level 2 or higher in English or Te Reo Mãori; of which 4 credits must be in reading and 4 credits must be in writing; and The literacy credits will be selected from a schedule of approved achievement standards and unit standards found on the NZQA website or equivalent to the above International students for whom English is not a first language must also have an IELTS Academic score of 5.5 with no band score lower than 5.0 or equivalent. Students who have attained the age of 20 years and do not hold the minimum entry requirements for a programme will be eligible to be enrolled as a student where their previous educational, work or life experience indicates they have a reasonable likelihood of success. Students who have not attained the age of 20 years and do not hold the required minimum entry requirements for a programme may also be eligible to enrol in exceptional circumstances. Such decisions will be made by the Faculty Dean. Applicants who meet the entry criteria will be accepted in order of application. 4
NEW ZEALAND DIPLOMA IN BUSINESS ACCOUNTING FOCUS & GENERAL NEW ZEALAND DIPLOMA IN BUSINESS LEVEL 6 NC5121 Method of study Qualification Duration Start dates Full time or part time New Zealand Diploma Two years (full-time) February and July Credits 240 Cost (2016 Fees) ABOUT THE PROGRAMME $5900 (approx) per year The New Zealand Diploma in Business is a nationally recognised qualification. Students gain a broad range of general business skills or focus on an Accounting career. Students will also be eligible for cross credits to the relevant Degrees offered by the Faculty of Business and Information Technology. To discuss this further please contact the Faculty Reception, Floor 2 on (09) 975 4564 for an appointment with the Programme Leader. New Development tailor-made for your future study: If you complete the New Zealand Diploma in Business for a total of 240 credits, you wil be eligible to progress to the third year of the Bachelor of Applied Management programme, You will gain cross credits for the 12 courses you have completed plus four additional unspecified cross credits. NEW ZEALAND DIPLOMA IN BUSINESS WITH AN ACCOUNTING FOCUS Students may choose to complete the Diploma with a focus in Accounting. The courses from the Accounting focus provide students with skills for the Finance and Accounting sectors of Business and are recognised by the New Zealand Institute of Chartered Accountants (NZICA) as fulfilling the academic requirements for membership as an Accounting Technician (AT). The Financial Services Institute of Australasia (FinSIA) recognises the New Zealand Diploma in Business as a qualification in Banking at the Associate level. To graduate with a New Zealand Diploma in Business (Accounting Focus) (Level 6) students must successfully complete 12 courses (240 credits), comprising of: CORE COURSES 120 CREDITS (THESE SIX COURSES) 183.508 Business Communication 560 311.539 Accounting Principles 500 323.509 Introduction to Commercial Law 510 351.511 Fundamentals of Marketing 541 353.503 Organisation and Management 530 371.513 The Economic Environment 520 COMPULSORY COURSES 100 CREDITS (THESE FIVE COURSES) 311.530 Accounting Practices 501 (compulsory) 311.630 Financial Accounting 601 (compulsory) 311.631 Management Accounting 602 (compulsory) 311.632 Business Finance 603 311.634 Taxation 606 OPTIONAL COURSES 20 CREDITS (ONE COURSE) To complete the New Zealand Diploma in Business (Accounting focus), students must also select and complete one more course from the course summaries list on page 8-9 of this enrolment 5
guide, subject to meeting the pre-requisites. GENERAL NEW ZEALAND DIPLOMA IN BUSINESS Students may choose to complete a General New Zealand Diploma in Business. To graduate with a New Zealand Diploma in Business (General) Level 6 students must successfully complete 12 courses (240 credits), comprising of: Six Level 5 core courses Four of the level 6 courses offered in this programme. Choose carefully if you want to progress to further study on the Bachelor of Applied Management Two optional courses may be taken at level 5 or 6. CORE COURSES 120 CREDITS (THESE SIX COURSES) 183.508 Business Communication 560 311.539 Accounting Principles 500 323.509 Introduction to Commercial Law 510 351.511 Fundamentals of Marketing 541 353.503 Organisation and Management 530 371.513 The Economic Environment 520 PLUS SIX OPTIONAL COURSES 120 CREDITS ENTRY REQUIREMENTS Applicants must have: A minimum of 14 numeracy credits at level one or higher in Mathematics or Pangarau on the Directory of Assessment Standards; and Fifty credits at level two or above with at least 12 credits in each of three subjects including a minimum of 8 literacy credits at level 2 or higher in English or Te Reo Mãori; of which 4 credits must be in reading and 4 credits must be in writing; and The literacy credits will be selected from a schedule of approved achievement standards and unit standards found on the NZQA website or equivalent to the above International students for whom English is not a first language must also have an IELTS Academic score of 5.5 with no band score lower than 5.0 or equivalent. Students who have attained the age of 20 years and do not hold the minimum entry requirements for a programme will be eligible to be enrolled as a student where their previous educational, work or life experience indicates they have a reasonable likelihood of success. Students who have not attained the age of 20 years and do not hold the required minimum entry requirements for a programme may also be eligible to enrol in exceptional circumstances. Such decisions will be made by the Faculty Dean. Applicants who meet the entry criteria will be accepted in order of application. To complete the General New Zealand Diploma in Business, students must also select and complete four more Level 6 and two Level 5 or 6 courses from the course summaries list on page 8-9 of this enrolment guide, subject to meeting the prerequisites. NOTE: Each course is worth 20 credits Course levels may be identified by the three digit NZQA code, the first digit in the code describes the level: Fundamentals of Marketing 541 is a Level 5 course. 6
NZIM DIPLOMA IN MANAGEMENT ABOUT THE PROGRAMME The NZIM Diploma in Management is offered under the direction of the New Zealand Institute of Management. It is not a qualification awarded by Manukau Institute of Technology. To receive this qualification students will be required to register their results, in the correct courses, with the New Zealand Institute of Management (NZIM) and pay the registration fees. The fees and correct courses are available online www.nzim.co.nz. The NZIM Diploma in Management consists of a selection of courses from the New Zealand Diploma in Business. By completing the NZIM Diploma in Management and a further six appropriate New Zealand Diploma in Business courses you will gain the NZIM Diploma in Management and the New Zealand Diploma in Business. If you want to discuss the Programme or your choice of courses please make an appointment with the Programme Leader. 7
COURSE SUMMARIES The full course prescriptions can be found on the New Zealand Qualifications Authority website. Type the 3 digit NZQA code for the course into the search box in the top right hand corner of the page. The efts value for all Diploma courses is 0.1670. LEVEL 5 183.508 Business Communication NZQA 560 Apply communication knowledge and skills in the evolving context of New Zealand and global business. Topics include the communication process in work place contexts; interpersonal, group, cultural and organisational communication; effective business writing in email, letters, reports, e-communication (web-page analysis), and effective oral communication. Pre-requisite: None 311.530 Accounting Practices NZQA 501 Record and process financial transactions and prepare financial statements and cash budgets for entities in accordance with current accounting practices. Topics include accounting for sole traders full set of books through to final accounts, reconciliations, end of period processes; accounting for other entities including trusts, companies, partnerships and not for profit organisations, and computerised accounts using the MYOB accounting software package and Microsoft Excel. Pre-requisite: 311.415 Accounting Principles 400 353.503 Organisation and Management NZQA 530 Understand the factors that influence management and the organisation. Topics include introduction to organisations and management, the development of management theory, organisational culture, managerial ethics and social responsibility, decision-making, planning and controlling, organising, motivation, leadership, groups, topical issues, and managing change. Pre-requisite: None 371.513 The Economic Environment NZQA 520 Apply elements of economic theory to decision making by individuals and businesses and contemporary issues. Topics include the economic way of thinking, the price mechanism, theory of the firm, evaluation of the market, international trade, the national economy, government policy and the economy, and current economic issues. Additional course material fee may apply. Pre-requisites: None 311.539 Accounting Principles NZQA 500 Understand financial statements and reports and be able to analyse and interpret business performance for sole traders and small companies. Topics include the nature, purpose and scope of accounting; preparation of a full set of accounts for a sole trader, the traditional historical cost model, analysis and interpretation of accounts, and accounting theory. Pre-requisites: None 323.509 Introduction to Commercial Law NZQA 510 Understand the general principles of commercial law, to enable application of legal reasoning. Topics include an introduction to the legal system, contract law, the law of agency, and the law relating to contracts for the sale of goods and consumer transactions. Pre-requisite: None 351.511 Fundamentals of Marketing NZQA 541 Gain a working knowledge of fundamental marketing concepts relevant to contemporary organisations. Topics include the marketing function, market research, buyer behaviour, market segmentation, industrial marketing, service marketing, the marketing mix, marketing planning and strategy, and international marketing. Pre-requisite: None 8
LEVEL 6 311.630 Financial Accounting NZQA 601 Apply the regulatory and technical aspects of financial accounting and external reporting for companies and evaluate financial and non-financial information. Topics include accounting for company formations, business amalgamations and other reconstructions, group accounts, income determination, external presentation of company accounts, and analysis and interpretation of company accounts. Pre-requisites: 311.415 Accounting Principles and 311.530 Accounting Practices 311.631 Management Accounting NZQA 602 Collect, interpret, present and use relevant management accounting information for an organisation to effectively plan, control and make appropriate decisions regarding business operations. Topics include objectives and role of management accounting, cost behaviour, control recording and accounting for allocation of materials, labour overheads, job costing, process costing, joint and by-products, service industry costing, responsibility accounting, introduction to budgeting, standard costing, cost-volume-profit relationships, marginal costing, and decision-making. Pre-requisites: 311.415 Accounting Principles and 311.530 Accounting Practices 311.632 Business Finance NZQA 603 Gain the necessary knowledge and skills of business finance to function effectively in association with the financial management decision-makers. Emphasis is given to modern accounting practice in New Zealand, particularly as it relates to small to medium businesses. Topics include financial planning and control, working capital management, capital structure and cost of capital, investment decisions, sources of finance, mergers and take-overs, and international finance. Pre-requisite: 311.415 Accounting Principles 400 311.634 Taxation NZQA 606 Apply knowledge of taxation rules to New Zealand taxable entities in a range of situations. Topics include income, deductions, depreciation, payment of taxes, individuals and partnerships, companies and dividends, fringe benefit tax, goods and services tax, assessments, and objections and penalties. Pre-requisite: 311.415 Accounting Principles 341.622 Leadership NZQA 630 Understand concepts and apply principles of leadership. Students will create a personal plan to develop leadership capabilities. Topics include concepts of leadership, the individual as a leader, leadership in the context of the organisation, and leadership in the context of society. Pre-requisite: None (but we strongly recommend 353.503 Organisation and Management) 341.623 Operations Management NZQA 632 Study the management function in relation to the production of goods and services as well as the practical realities of operations management. Students will also gain an introductory understanding of operations contributions to the overall management of the organisation. Topics include operations management overview, quality management principles, quality management tools and techniques, collection, collation and use of operations data, design of goods and services and their processes, performance measurement, resource planning, and specific implementation techniques. Pre-requisites: 353.503 Organisation and Management 530 341.624 Applied Management NZQA 636 Learn to apply management concepts. New Zealand Diploma in Business students are strongly advised to study this paper towards the end of their studies, as paper 10, 11 or 12. Pre-requisites: 353.503 Organisation and Management 530 342.612 Human Resource Management NZQA 633 Gain knowledge of the human resource functions, processes, procedures and related legislation needed to effectively manage people in organisations, as well as practical skills in specific human resource management processes. Topics include introduction and overview of human resource management, job analysis and design, the employment process, training and development, performance management, rewards management, health and safety, human resource systems and information, and current human resource issues. Pre-requisites: 353.503 Organisation and Management 530 342.613 Employment Relations NZQA 635 Apply knowledge of current employment relations legislation, processes and practices, and understand the complex relationship of the parties involved. Topics include definition theories and development in New Zealand, employment law in New Zealand, negotiation and conflict resolution, the parties to employment relations and work organisation. Pre-requisites: 353.503 Organisation and Management 530 351.623 Marketing Planning and Control NZQA 648 Produce an operational marketing plan for a market or business of interest. Topics include corporate appraisal, competitive analysis, customer analysis, category attractiveness analysis, marketing objectives and strategies, marketing mix tactics, actions plans, monitoring and control, and financial analysis. Pre-requisite: 351.511 Fundamentals of Marketing 541 351.624 Buyer Behaviour and Communication Strategies NZQA 644 Gain the knowledge and understanding of buyer behaviour. Develop consumer profiles and appropriate marketing communication strategies to reach specific target markets. Topics include levels of involvement and risk-taking in the decisionmaking processes, consumer profiles, perceptual positioning, the marketing communication process, and communication objectives and strategies. Pre-requisite: 351.511 Fundamentals of Marketing 541 9
COMMON TESTS Some courses run common tests, usually held on a Friday afternoon. To find out whether your courses run a common test, check in the course outline you will receive in the first week of your course. It is essential that you are available. BRING YOUR OWN DEVICE If you currently own a laptop that has the minimum specs or above, you can use it at MIT Manukau. The minimum specs are; Laptop A 10 inch screen or larger 4GB RAM 50GB free space minimum Windows v7.0 or higher (XP will not work) Apple Mac 10.6 (Leopard) or higher Wireless capable CPU meets vendor OS minimum requirements. (Please note for IT students CPU must be i5 or equivalent). If you do not currently own a device or are thinking of buying a new device, we recommend a laptop with the following specifications, or better, to future proof your needs and ensure a great experience; Windows 7 or 8, Android v3 or above or an equivalent 32/64 bit operating system i3 dual core or equivalent processor (i5 or equivalent if you are an IT student) 4GB RAM 320GB or greater hard drive Wi-fi capable At least a 13 inch screen Up-to-date antivirus software GRADE TABLE FOR DIPLOMAS PASS GRADES A+ 85 100 A 75 84 B + 70-74 B 60-69 C 50 59 P AP CP FAIL GRADES Pass Aegrotat Pass Conceded Pass D 40 49 E Below 40 F NC Failed Compulsory Assessment Did not complete the course NZIM Diploma in Management and NZIM/ATTO Diploma in Tourism students need to register their own results using the registration form on the NZIM website, www.nzim.co.nz 10
STUDYLINK EFTS IN RELATION TO YOUR STUDENT LOAN As a guideline: To be considered as a full time student by Studylink a student enrolled into programmes in this enrolment guide requires: A minimum of 3 courses in one semester or A minimum of 5 courses (enrolled in both semesters in one calendar year) To be considered as a part time student by Studylink a student enrolled into programmes in this enrolment guide requires: A minimum of 1 course in each semester (enrolled in both semesters in one calendar year) or A minimum of 2 courses in one semester To be considered for a student loan by Studylink (subject to any other Studylink eligibility requirements) a student must be enrolled in at least enough courses to satisfy the part-time eligibility requirements above. Studylink requires you to be enrolled in a certain value of EFTS. EFTS stands for Equivalent Full-time Student. It measures the amount of study or workload involved in a course and is used to calculate if you are studying full- time or part-time. Please refer to T1 timetable to calculate the total number of EFTS you are enrolled in. To confirm your eligibility for Student Loan and Allowances we recommend that you consult Studylink, visit www.studylink.govt.nz or call them on 0800 88 99 00. NOTE: Every effort is made to ensure that this Programme Guide is correct at the time of printing. However the Faculty of Business and Information Technology reserves the right to make any changes that may be necessary. 11
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