Our Diploma of Business is a hands-on, practical course designed to prepare you for the real world of business. From developing an idea to launching, managing, and growing a company, you will gain skills that can be applied immediately in any industry. You will learn not just theory, but the exact processes, tools, and strategies used by successful business owners and managers today.
The ICT50220 Diploma of Business is an Australian nationally recognised course.
Core Achieved Skills
- Business Ideas and Research – Generating viable business ideas, researching market opportunities, and assessing competitors.
- Creating Your Business – Choosing a business name, branding fundamentals, building your online presence, legal structures, ABN registration, bookkeeping setup, and professional communication tools.
- Core Business Skills – Time management, communication, negotiation, critical thinking, leadership, adaptability, and decision-making.
- Business Planning – Writing policies and procedures, setting missions and goals, budgeting, and creating realistic projections.
- HR and Staff Management – Hiring and onboarding, performance management, workplace health and safety, award compliance, staff training, and employer obligations.
- Marketing and Networking – Digital marketing (SEO, social media, email), defining your target market, content creation, networking opportunities, partnerships, and measuring marketing performance.
- Managing Ongoing Business Operations – Evaluating performance, improving systems, customer service excellence, sales funnels, pricing strategies, and online reputation management.
- Business Technology – E-commerce platforms, productivity tools, workflow automation, inventory management, and cybersecurity essentials.
- Business Finance – Budgeting, cash flow management, tax compliance, accounting software, financial reporting, insurance, and GST obligations.
- Growth and Expansion – Strategic reviews, identifying opportunities, preparing for investment, and planning for scaling or exiting.
- Legal and Ethical Compliance – Business registration, licensing, consumer law, contracts, intellectual property, employment law, and privacy regulations.
By the end of this course, you will have the confidence and skills to create, run, and grow a business with solid foundations, legal compliance, strong branding, and sustainable strategies.
Subsidy Information
The BSB50120 Diploma of Business course is eligible as a FEE-FREE NSW Traineeship*. The traineeship is subsidised by the NSW Government for eligible students.
*Training in priority qualifications is fee-free and fully funded by the NSW and Commonwealth governments.
Course fee: $14,000
Traineeship Student fee: $0.00
Traineeship training in priority qualifications is fee-free and fully funded by the NSW and Commonwealth governments (Commencement in 2025, Eligible students only). At present, the subsidised traineeship student fee is $0.00 for BSB50120 Diploma of Business. There are no additional fees for this course.
Training in BSB50120 Diploma of Business is deemed by the NSW Government to be training in a priority qualification. Training in this qualification as a Traineeship is fee-free and fully funded by the NSW and Commonwealth governments, for enrolment and commencement before 31 December 2025.
Your eligibility for fee-free traineeship training is subject to meeting conditions set by the NSW government and EQC Institute.
Traineeship Eligibility:
- Be a new entrant trainee* (see below).
- 15 years old or over.
- No longer at school.
- Live or work in NSW.
- Australian citizen, Permanent Resident, humanitarian visa holder or NZ citizen.
Traineeship Process: The traineeship onboarding process is simple and we will support you through all the steps.
Step 1. Speak with us and discuss course options and potential
Step 2. Workplace and employee (trainee) speak to discuss traineeship potential
Step 3. Set up a training contract with an Australian Apprenticeship Support Network (AASN) provider: the contract is between the employer, the trainee, and the AASN – we will support with this.
Step 4. We set up a training plan, which reflects what has been agreed in the contract, and is approved and signed by the employer, the trainee and us. The training plan is sent to the AASN for registration.
Step 5. Commence employment and your learning course with us!
*What is a new entrant traineeship Smart & Skilled funding is only available for new entrant traineeships in NSW. A new entrant has been employed by their traineeship employee for: o less than 3 months full time or full-time equivalent part-time or casual; o less than 12 months as a part-time or part-time equivalent casual employee; or o less than 12 months in a combination of part-time, casual and full-time (or equivalent).
EQC Institute always uses its best endeavours to ensure our website is up to date. However, as Government funding requirements and availability can be changed at any time, we cannot guarantee that the course listed as qualifying for government subsidies on our website will have subsidised places available at the time of your inquiry. Please check availability and eligibility criteria with our team on 1800 338 883 or at info@equinimcollege.com.
Careers in Business for BSB50120 Diploma Graduates
Business is not just an industry; it is a language and foundation that the world of today is built on. No longer are these skills specialised—they impact the everyday life of every person, and the demand for people who understand this foundation is massive. Business expertise drives every organisation, every industry, and modern life across the globe. Once you learn these skills, the career and life options are endless—welcome to the building blocks of the future!
Searches from SEEK show (as of 11/8/2025):
- Approximately 9,499 jobs advertised for Business Administration
- This is in addition to:
- Over 3,424 jobs advertised for Business Development
- Over 1,052 jobs advertised for Management Trainee
Typical roles on offer include full-time and part-time positions, with many Business Administration and Business Development roles available as full-time, while Management Trainee positions often include both full-time and part-time opportunities, depending on the employer.
Click Here View Salary Research
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