Diploma of Business Studies

The course has 3 streams: Finance, Administration and Banking. In the first year, all major units are compulsory to all streams and two electives in mathematics studies (Mathematics 1 or Quantitative Methods 1). In year 2, the majors are in the streams from which students have to choose from. A student has to score at least B to do the Finance Stream.

Admission Requirements


  1. Satisfactory completion of Form 6.
  2. Successful completion of the Certificate in Business Studies.
  3. Satisfactory completion of form V with at least three years relevant work experience.

Course Structure


Course Code: FDBS
Course Name: Diploma of Business Studies
Duration: 2 years
Total Credit Points: 240
Campus: Kukum
Streams:

1. Finance
2. Administration
3. Banking

Unit CodeUnit NamePre-requisiteSemester OfferedCredit Points
Year 1 Core Units
BA411Financial Accounting I112
This unit aims to introduce the key components of accounting and financial management so as to enable students to understand the importance of proper accounting and management of financial resources in an organizational setting. It covers accounting for basic transactions, end-of-period adjustments and the reporting process, preparation and interpretation of financial statements, cash management control and reporting, cost volume profit analysis for decision making and capital budgeting decisions.
EC431Microeconomics112
This unit will help students understand the profound effects that economic events has in shaping the environment of work. The aim is to introduce students to the knowledge and skills to explain and understand the behaviour of prices.
MG421Organizational Communication112
This course is designed to help you improve your communication style and to understand the impact of good communication for the success of your career, your employees and organisations. Students in this course must be comfortable and prepared to engage in frequent individual mini presentations, academic writing and willing to provide and receive constructive feedback. Organisation communication provides an introduction and overview of basic communication principles and theories as well as strong practical focus on improving students ability to communicate persuasively. The goal is to raise student awareness of basic tools for effective communication at different levels of the organisation, with different audiences and in different contexts. The sessions will build on each other, beginning with the foundation of organisation communication, the types and means of communication, communication and personal factors, effective writing in business communication, oral communication, patterns of communication and concluding with communication and technology and communication issues in the 21st century.
BL461Introduction to Law112
Introduction to Law is one of the compulsory units offered in the Diploma Year 1 Business Studies. This unit relates to some of the basic aspects of law at an introductory level. Law in general governs human societies, i.e. the activities of individuals and corporate entities, including private businesses and government departments. It introduces what law is to the students and covers the different sources of law in Solomon Islands, their authority and importance, the public and private law, the court system in Solomon Islands. It also examines basic principles of a contract or an agreement.
BC451Introduction to Computer Studies 1212
This unit covers the basic computer concepts, which covers both theory and practical. Theory topics cover internet and web, electronic commerce, computer application software, system software, communications and networks, system unit input and output devices, secondary storages, and privacy and security. The practical component covers Microsoft Office Application (Word).
EC432MacroeconomicsBA411212
The units emphasis is on understanding the macroeconomic context that students are living in. Students studying business needs to know about macroeconomic theories to analyze and interpret microeconomic information. This unit aims to create in students an understanding about how the cash economy works and the interrelationships that exist between various markets. The unit focuses on basic economic theories; some attempt will be on developing skills required for macroeconomic analysis.
MG422Introduction to Management212
This unit is designed as an introduction to the study of management, encompassing the basic functions and the behavioral aspect of management. It will focus on how to effectively manage the work of organizations wherever they exist. It will aim to improve students knowledge on management studies for future career development. Emphasis will also be on basic function of planning, organizing, leading, controlling and evaluating the kinds of role that managers must engage in while carrying out their duties. Upon completion of the unit student should be able to understand the role and functions of a manager and develop decision making skills and applying the theoretical and philosophical knowledge acquired in this unit to actual work setting.
BA412Financial Accounting IIBA411212
In this unit, the basic principles of accounting will be extended to enable students to deal with a range of accounting issues and business structures. This subject is intended to develop further the skills and knowledge of students in the record keeping system of a business, and anticipate various control mechanism inherent in such systems.
Year 1 Elective Units
BM471Quantitative Methods I112
In our everyday activities, we involve in decision making. Making sound decisions relating to the business world is essential for its success and that is where mathematics plays an important role.
BM472Math I112
Students need to take mathematics in order to appreciate the relevance and application of maths in Business and real life situation. This unit aims equip students with Basic mathematical skills that promotes efficiency and effectiveness in the work place.
BM473Quantitative Methods IIBM471212
In our everyday activities, we involve decision making. Making sound decisions relating to the business world is essential for its success and that is where mathematics plays an important role. This unit aims to provide an understanding of the application of mathematical and statistical topic in business situation.
BM474Math IIBM472212
In everyday activities the element of decision making is inevitable. This can be in a formal setting or non- formal setting. To make sound decisions and to solve many of our queries mathematics plays a vital role in these aspects. It equips trainees to use various mathematical tools to make informed decisions whatever the settings are. The aim of this unit is to equip students with Basic mathematical skills efficiency and effectiveness in the work place.

Year 2 – Finance Stream

Unit CodeUnit NamePre-requisiteSemester OfferedCredit Points
BL562Law of Business Association312
Law of Business Associations is a compulsory service unit for all streams (Finance, Administration and Banking streams). Business takes on various structural forms in the form of a sole proprietor, a partnership, a cooperative society or a company and each operates within the environment of legal framework. This identifies the need for students to take the Law of Business Associations in order to appreciate the legal requirements attached to a corporate entity, partnership and other forms of business structures. The general objectives of this unit are to develop the students with a comprehensive knowledge and understanding of the law relating to different business structures in the Solomon Islands, to develop the students awareness of the need to apply legal concepts in solving problems related to associations, and to assist students in developing their abilities to analyze associations problems and solve them by applying relevant legal concepts to precedents.
BC552Data Processing I312
Data Processing I unit aims at offering the knowledge and skills to acquire in order to become a comprehensive and effective user in Microsoft Excel software at the intermediate level and to accomplish the basic knowledge required when using computers and information technology in processing data. Lecture topics mainly cover computer hardware and software, computer system architecture, disk storage devices, and computer networks.
BA512Financial Accounting IIIBA412312
Accountancy is an important language of business. Its knowledge has become indispensable for recording and analyzing business transactions, interpreting the business results thereof and initiating future action. This unit provides students with an introduction to financial accounting. Emphasis is placed on accounting processes, practices and policies that enable the preparations of financial statements. Students will integrate theoretical and technical knowledge learned and exercise judgment to explore accounting issues.
BA513Financial Management I312
A management accounting system accumulates, provides and interprets information for management for policy formulation, planning, controlling, decision-making and performance appraisal. As part of a management accounting system, cost accounting accumulates financial information for stock valuation and profit measurement purposes.
BA514Taxation312
This unit is intended to introduce students to the taxation regulations on Solomon Islands in order to facilitate optimum tax management policies and practices as financial managers. At the completion of the unit students should be able to distinguish between the various forms of taxation in Solomon Islands, reconcile the differences between accounting concept of revenue and expense and the taxation concepts of assessable income, allowable deductions, set-off double taxation, professional have the idea on how the tax returns of individuals & partnership. Demonstrate an understanding of the administrative procedures, regulations, penalties and other requirements of the Act.
BC553Data Processing IIBC552412
This unit covers both theory and practical. The topics cover Introduction of Database Concepts, Relational Database Management, Entity Relationship Model, System Analysis and Design, Database Design, Normalization of Data, Security and Integrity of Data. The practical component requires students to create a simple database using Microsoft Access Application.
BA516Auditing412
The aim of this unit is to develop students understanding of the professional issues that concern auditors, and the techniques that auditors use in the current business environment. It provides essential professional education for people who intend becoming chartered accountants. It is also useful for other commerce students in order to facilitate their understanding of this significant function.
Emphasis includes external audits under the Company Act 1993 and Financial Reporting Act 1993. The class focuses on developing professional judgment and inter-personal skills necessary for a successful career in business and/or auditing. In addition, this unit includes the study of methods used to provide control over resources within a business (internal control)
BA515Financial Management IIBA513412
Finance is the life blood of any undertaking and consequently management of liquidity, profitability and funding is essential to the success of the endeavor. Decision makers need to understand and develop the underlying concepts to enable evaluation of the financial investment and distribution decisions. Decisions should be made based on all relevant facts available keeping in mind the overall objective of maximizing the wealth of the owner.
BA517Financial Information Systems412
With the increasing use of computers in accounting, it is important that students have the ability to demonstrate proficiency in integrated computer accounting package. This unit uses the MYOB accounting package. This unit intends to introduce to students computer based accounting, having learned the basic skills of accounting in a manual system. It also intends to provide students with the opportunity to learn how to use a computer accounting software in inputting, storing and processing of accounting data.

Year 2 – Administration Stream

Unit CodeUnit NamePre-requisiteSemester OfferedCredit Points
BL562Law of Business Association312
Law of Business Associations is a compulsory service unit for all streams (Finance, Administration and Banking streams). Business takes on various structural forms in the form of a sole proprietor, a partnership, a cooperative society or a company and each operates within the environment of legal framework. This identifies the need for students to take the Law of Business Associations in order to appreciate the legal requirements attached to a corporate entity, partnership and other forms of business structures. The general objectives of this unit are to develop the students with a comprehensive knowledge and understanding of the law relating to different business structures in the Solomon Islands, to develop the students awareness of the need to apply legal concepts in solving problems related to associations, and to assist students in developing their abilities to analyze associations problems and solve them by applying relevant legal concepts to precedents.
BC552Data Processing I312
Data Processing I unit aims at offering the knowledge and skills to acquire in order to become a comprehensive and effective user in Microsoft Excel software at the intermediate level and to accomplish the basic knowledge required when using computers and information technology in processing data. Lecture topics mainly cover computer hardware and software, computer system architecture, disk storage devices, and computer networks.
MG523Introduction to Operations Management312
This unit will introduce students to basic knowledge about the nature and scope of operational management; it will increase their awareness about sensitivity of the things that are occurring in the work place. It will lead to improving students decision making ability with respect to complex operational problems.
MG524Business Administration312
This unit aims to provide students with the opportunity to study and gain some ideas of the many forces and business functions which contribute to the success of business operations and developmental issues within the scope of any economy. Upon completion student should be able to understand the nature of business administration and be aware of the global forces affecting business and organisations, identify the various technique applied in many businesses and be able to explain the impact of information on businesses globally. Also gain an understanding of business approaches available and appreciate business administration as essential in any type of organisations.
MG526Human Resource Management312
This unit will enable students to learn and acquire some basic knowledge and skills in HRM. In general it will focus on policies, functions and activities of HRM and their strategic importance. Human resource is very critical to the continuity of any organisation. Upon completion students will acquire some basic knowledge and skills to lay the foundation for them to deal effectively with human resources in the future.
BC553Data Processing IIBC552412
This unit covers both theory and practical. The topics cover Introduction of Database Concepts, Relational Database Management, Entity Relationship Model, System Analysis and Design, Database Design, Normalization of Data, Security and Integrity of Data. The practical component requires students to create a simple database using Microsoft Access Application.
MG529Public Administration412
This unit is designed to develop students an understanding of the concepts of and methods of government administration. It should enable students to understand the governments role in national development. At the completion of the unit student should be able to identify different levels in the government and their function and understand the principles of administrative conduct and issues critical public sectors.
MG527Introduction to Marketing412
This unit introduce students the key components of the marketing process so as to enable students to develop an understanding and knowledge of the subject as both the consumers as well as the producers. Marketing play an important role towards the growth, survival and success of business organization by learning consumer behaviours and attitudes as well as examining vital strategies employed by marketers to compete in their particular industry.
MG528Strategic Management412
The aim of this unit is to provide students an interactive learning, experience. Enable them to acquire basic knowledge and skills in strategic management that are application to real life and business situation. Topics includes: strategic planning, environmental analysis, SWOT analysis, strategy formulation, strategy implementation and control and action plans &work programs.

Year 2 – Banking Stream

Unit CodeUnit NamePre-requisiteSemester OfferedCredit Points
BL562Law of Business Association312
Law of Business Associations is a compulsory service unit for all streams (Finance, Administration and Banking streams). Business takes on various structural forms in the form of a sole proprietor, a partnership, a cooperative society or a company and each operates within the environment of legal framework. This identifies the need for students to take the Law of Business Associations in order to appreciate the legal requirements attached to a corporate entity, partnership and other forms of business structures. The general objectives of this unit are to develop the students with a comprehensive knowledge and understanding of the law relating to different business structures in the Solomon Islands, to develop the students awareness of the need to apply legal concepts in solving problems related to associations, and to assist students in developing their abilities to analyze associations problems and solve them by applying relevant legal concepts to precedents.
BC552Data Processing I312
Data Processing I unit aims at offering the knowledge and skills to acquire in order to become a comprehensive and effective user in Microsoft Excel software at the intermediate level and to accomplish the basic knowledge required when using computers and information technology in processing data. Lecture topics mainly cover computer hardware and software, computer system architecture, disk storage devices, and computer networks.
BF543Banking & Lending Practices312
This unit provides an introduction to banking. It also explores issues relating to international banking and current developments in the international banking arena. Topics include bank risk management; asset and liability structures; securitization; bank performance analysis, and the impact of cost of funds and capital adequacy provisions on bank lending policies. A consistent theme is that the functions and services provided by banks are influenced by the theory of finance, technology, government regulation and the forces of competition.
BF542Introduction to Banking312
This unit provides foundation knowledge that is required to 1. Give students a broad understating of the roles of banks and the structure of the banking industry in different countries as relevant information in its own right; 2. Provide background information needed by students to benefit from for courses that they might subsequently undertake.
BC553Data Processing IIBC552412
This unit covers both theory and practical. The topics cover Introduction of Database Concepts, Relational Database Management, Entity Relationship Model, System Analysis and Design, Database Design, Normalization of Data, Security and Integrity of Data. The practical component requires students to create a simple database using Microsoft Access Application.
BF545International Banking & Finance412
This unit will focus on international financial institutions and international banking activities. Topics include: credit and market risk management, loan syndication, investment banking, banking and financial markets, international banking law and regulation. Case studies are used frequently as a teaching tool to present real life banking experiences in the classroom.
BF541Commercial Banking & Finance4
The unit will give knowledge inputs to the candidates and expose them to the operational processes and modern banking environment so that they can man the counters at the bank from the first day of their joining the bank. It is expected that successful graduates of the Diploma of Banking & Finance would have a competitive edge and will be absorbed by banks and financial institutions and emerge with a preferred professional qualification for employment in banking and finance industry.
BF544Financial Institutions Law412
This unit provides an overview of the regulation of the banking and financial services industry. It also provides an introduction to the overall financial system and focusing on regulatory and transactional courses in the areas of banking law, securities law, and general financial services law.
BA517Financial Information Systems412
With the increasing use of computers in accounting, it is important that students have the ability to demonstrate proficiency in integrated computer accounting package. This unit uses the MYOB accounting package. This unit intends to introduce to students computer based accounting, having learned the basic skills of accounting in a manual system. It also intends to provide students with the opportunity to learn how to use a computer accounting software in inputting, storing and processing of accounting data.
Year 2 Electives
Unit CodeUnit NamePre-requisiteSemester OfferedCredit Points
MG522Small Business Management412
To start a new business and remain in business profitably one must be able to adapt o the changes in the population, workforce and technology and to the demands of the market place. To address these changing conditions, sound management and organizational practices are now more important than ever before. The necessity of increasing the productivity of employees, the difficulties of recruiting qualified workers and the importance of devising ways to meet workers benefits will challenge managers of all small businesses.
BL563Administrative Law412
This unit is an elective for final year students. It is introduced to students to identify the basic concepts and principles of administrative law, which is a branch of public law concerned with the composition of powers and duties, rights and liabilities of various public authorities, the secondary organs of government (i.e. government ministries, statutory bodies and other government agencies). As such, it is a particularly important unit for people or students who are currently working or aspire to work as public officers. In controlling these public bodies, all public authorities must act within their power. If they act outside their powers their actions/decisions will be challenged in court and declared invalid. In exercising their powers, public authorities must treat the citizen fairly in matters that affect him. Administrative law allows a citizen who has not been treated fairly by a public body to challenge the unfair decision in court and obtain an appropriate redress.