Business Diploma Level 3

Quick facts

Is it for me?

The Level 3 in Business will provide you with the opportunity to develop knowledge, understanding and skills surrounding Business with specialist pathways of study in Marketing or Accounting and Finance.
You will receive advice and guidance about the many careers in business, hearing from speakers about the ever-evolving industry, its new technologies and future challenges, and have the chance to visit a range of business of all shapes and sizes to gain valuable insight. To further develop your skills, you will work on real life project-based scenarios involving industry 'clients', national competitions and challenges. 
Alongside the Level 3 Business Diploma, you will also be enrolled on to the V Level in Finance. This new Level 3 qualification combines the theory of accounting and finance with practical, work-related learning. Rather than simply learning concepts, you will use financial information to investigate real organisational situations, identify patterns, evaluate performance and make informed recommendations.
You will develop the skills to understand what financial information is really telling us. You might analyse whether an organisation is profitable, investigate why costs have changed, compare financial performance over time, interpret budgets or consider whether an investment represents a good business decision.

What you'll learn

• Exploring business 
• Personal and business finance 
• Principles of management 
• International business 
• Investigating customer service 
• Analyse financial statements and assess an organisation's financial position
• Calculate and interpret profitability, liquidity, efficiency and solvency ratios
• Using percentages, margins, contribution and variance calculations
• Identify financial patterns and trends
• Interpret cash flow, budgets and performance information
• Using break-even information and graphical representations

Equipment required for the course

No specialist equipment requirements have been confirmed. You will need your usual college stationery and access to the digital resources used for teaching and assessment. Eastern Education Group will confirm any additional requirements before the course begins.

Work experience placements

Work experience is a big part of this course - you'll need to undertake 50 hours mandatory work experience where you can enhance existing skills, as well as further developing transferable skills in a business context. In addition, you can take part in an industry work placement one day a week. These are yearlong placements which work around the course timetable, giving learners the opportunity to gain a more in-depth experience which can be linked to existing part-time employment.

Assessment

A range of assessment strategies are used to up skill learners and prepare them for their next steps upon competition of the course.  Examples include: 

• Written reports 
• Vlogs, blogs, logbooks, production diaries 
• Role play 
• Articles for journals, press releases, web pages 
• Production of visual or audio materials 
• Presentations 
• Exams and controlled assessments

Further study

• BA (Hons) Business and Management

Example careers

• Marketing
• Finance, Accountancy and Banking 
• Customer Service
• Human Resources 
• Business Management
• Business Consultancy 
• Sales
• Operations 
• Public Relations
• Communications 
• Business Analyst
• Insurance 
• Project Management
• Office Management

Days & times

Starting September 2027