Diploma of Business (Procurement) - BSB51518

Course Overview

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Average Course Duration: Not available

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Description

This qualification would apply to individuals who contribute their skills and knowledge to leading, monitoring and guiding the activities of procurement teams. They may demonstrate a range of managerial skills to ensure that procurement activities are conducted effectively, whilst maintaining relationships with both internal and external stakeholders.

They will have responsibility to drive business strategies and add value through complex procurement initiatives.

Licensing/Regulatory Information

No licensing, legislative or certification requirements apply to this qualification at the time of publication.

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Student Outcomes

Students who graduate from VET courses are surveyed approximately 6 months after they have completed their training. For more information on the statistics provided in this section, including the different levels (course, field of education, all fields of education) of data available please select the Learn more button below.

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Satisfied with Training

Percentage of graduates in the Management and Commerce field who were satisfied with the training (Diploma).

Improved Work Status

Percentage of graduates in the Management and Commerce field who started/expanded a business or who have a new job, more highly skilled work, a promotion or higher pay (Diploma).

Salary

The middle of the range of salaries earned by graduates in the Management and Commerce field starting their first ever full-time job after graduating (Diploma).

Jobs

Graduates of the Management and Commerce field (Diploma) are most often employed as:

23.5%

Managers

23.2%

Clerical and Administrative Workers

22.6%

Professionals

Industries

Graduates of the Management and Commerce field (Diploma) are most often employed in:

13.3%

Accommodation and Food Services

12.8%

Health Care and Social Assistance

11.6%

Financial and insurance services

All statistics are supplied by the National Centre for Vocational Education Research.

Financial Assistance

The federal, state and territory governments provide financial incentives and support for vocational education and training students to help them gain the skills required to secure and maintain rewarding and sustainable employment.

There are programs for all kinds of students; apprentices and trainees, new job starters, those re-entering the workforce, retraining for a new job or upgrading their skills for an existing job.

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Subsidised Training

State and territory governments dedicate funds to reduce or, in some cases, fully cover tuition fees for VET students who wish to study certain courses.
Unfortunately, no subsidies are currently available for this course.

VET Student Loans

Certain courses are eligible for a VET Student Loan from the Australian Government to assist students with paying tuition fees. The initial debt amount (including the loan fee, if applicable) plus indexation must be paid back once the loan recipient starts earning over a certain amount. Compulsory repayment threshold information is available on the Australian Taxation Office (ATO) website.

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Australian Apprenticeships

Australian Apprenticeships (also known as apprenticeships and traineeships) combine work with training in a nationally recognised qualification. Australian Apprenticeships are available to anyone of working age and offer opportunities to learn new skills and be paid in over 500 different jobs.

Unfortunately, this qualification is not currently available as an Australian Apprenticeship.

Australian Apprenticeships Pathways

Units & Packaging

Total number of units = 11

5 core units plus

6 elective units, of which:

5 elective units must be selected from the elective units listed below

the remaining 1 unit may be selected from the elective units listed below, from elsewhere in this Training Package, or from any other currently endorsed Training Package or accredited course at this qualification level, or Advanced Diploma level

Elective units must be relevant to the work environment and the qualification, maintain the integrity of the AQF alignment and contribute to a valid, industry-supported vocational outcome.

Core Units

BSBCRT502 Develop critical thinking skills in others

BSBPRC501 Manage procurement strategies

BSBPRC502 Manage supplier relationships

BSBPRC504 Manage a supply chain

BSBPRC505 Manage ethical procurement strategy

Elective Units

BSBITU501 Conduct data analysis

BSBMGT502 Manage people performance

BSBMGT516 Facilitate continuous improvement

BSBMGT519 Incorporate digital solutions into plans and practices

BSBPMG518 Manage project procurement

BSBPRC503 Manage international procurement

BSBWHS521 Ensure a safe workplace for a work area

BSBXBD501 Develop big data strategy

PSPPCM008 Manage contract performance

PSPPCM009 Finalise contracts

PSPPCM010 Manage procurement risk

PSPPCM012 Plan for procurement outcomes

PSPPCM013 Make procurement decisions

PSPPCM015 Conduct and manage coordinated procurement

PSPPCM016 Plan and implement strategic sourcing

PSPPCM017 Plan and implement procurement category management

PSPPCM018 Conduct demand and procurement spend analysis

Training Providers

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USI

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Labour Market

Labour market insights can help you make decisions about study and training, your first job.

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