What Can You Do With A Diploma In Business Management?

Last Updated on August 1, 2022 by

Taking up a business career will always be a wise option to choose. No matter what you can become at the end of the day, you can learn a hell of many things throughout your career. Many colleges in Australia offer various business courses, and one of them is the Diploma of Business. Here we discuss the most common job opportunities you can get after you complete your course.

1. Program Manager

As a program manager, you have to take the responsibility to improve the performance of both the business and the team. The general duty of a program manager is to manage the project operations within a business organization. You should put your focus on building strategy and designing smaller projects to achieve your business objective.

A company will hire you in the position of a program manager for the specialized skills you have learned in the Diploma of Business Management course. Once you are hired, you have to develop and implement several forward-looking projects at different organization levels. These projects will help you generate larger revenue, reduce costs, and build a brand reputation.

It is crucial to learn a variety of techniques required to work in different types of industries. Two of these most critical skills are managing and overseeing the workforce and effective risk management.

After your Diploma course, you may start as an entry-level program consultant. As time passes, you can gain enough experience to become a program coordinator and a manager. 8 years of experience in the programming industry can open your doors. The yearly salary of a senior manager in Australia is around AUD 101K.

2. Risk Management Consultant

As the name suggests, the primary job of a risk management consultant is to carry out preventive checks on the ongoing internal problems that may or may not harm the different aspects of business operations, like cash flow to skilled employees. This role has a direct impact on the overall profit margins of the business.

As a risk management consultant, you will work directly with the company stakeholders to decide on a specific set of operational regulations and policies to keep the business going. You may also have to do auditing, reviewing functional methods, and user profiling as part of your daily jobs.

To become a successful risk management consultant, you should have in-depth knowledge and understanding of business operations and the basics of business performance. These knowledge and skills include building strategy and implementing changes in a business system, project area, or across the company.

You have to cross several steps to become a risk management consultant. After your Diploma, you should do a Bachelor degree in Business. Doing the mandatory industry internships after the Bachelor degree will open your path to enter the risk assessment sector, which will eventually open the way to becoming a risk management consultant. A senior risk management consultant earns around AUD 88355 in a year.

3. Office Manager

If you want to manage office operations for small or large-scale businesses, an office manager’s job will be the best option for you. As an office manager, you have to manage the daily administrative operations within a company. However, the duties may differ from one organization to another based on the business size and the industry type. Your tasks may be ordering and stocking office goods, customer support and service and supervising officers working in the administration.

For this job, you should have both coordinating skills and take on various tasks simultaneously. As you will be a part of the administration, you should build structured systems to manage job priorities pretty effectively. You will also be responsible for conducting interviews and recruiting employees.

Doing a diploma of business Perth can directly open the door for you to become an office manager. The average salary for an office manager in Australia is around AUD 57399 per year.

4. Financial Planner

You can understand from the name that you have to manage finances, demonstrate the results of investments and savings, and help build plans to meet financial goals. You will be glad to hear that financial planners are recruited in rapidly growing Australian industries.

As a financial planner, you have to collect financial and personal data for an organization or an individual and draw an action plan with definite steps. It is usually done to ensure that a company’s savings and profitability can increase while maintaining stable sustainability.

You should be able to maintain the customer-company relationship and meet all the requirements effectively. So, you should have in-depth background knowledge of business needs and business operations.

After your Diploma, you can complete a Bachelor course, which will help you become an entry-level financial planner. You can become a senior planner with a yearly salary of AUD 70687.

Read More: 9 Important Professions You Need for the Success of Your Business