About New Zealand Diploma In Business (level 5) With Strands In Accounting, Leadership And Management in Wellington Institute of Technology (Weltec)
What you will learn
- Develop the thinking to improve business operations
- Understand accounting and economic principles and practices
- Develop marketing plans and sales strategies
- Learn skills for recruitment and staff training
- Explore risk management
- Learn how to develop and maintain long-term business relationships
- Carry out business research
- Develop problem-solving and business communication skills
- Analyse the impact of multicultural influences on business operations
- Consider how principles of the Treaty of Waitangi can be applied to business practice in Aotearoa
Choose a specialisation
Accounting
- Process financial transactions
- Prepare financial statements and reports
- Monitor business performance against budgets
- Analyse financial information to inform business decisions
- Apply tax rules for individuals and small businesses
- Determine controls to minimise financial risk
- Follow the accounting profession’s code of ethics
Leadership and Management
- Identify operational issues and challenges
- Plan and apply techniques to improve business performance
- Develop leadership skills, learn to delegate tasks
- Positively influence others to achieve business goals
- Foster a positive workplace culture
- Encourage team engagement
- Manage projects within scope, resources and time
Career options
- Team leader
- Project and event administrator
- Office manager
- Accounts receivable/payable officer
- Business developer
- Finance administrator
Further study options
You can cross-credit courses towards the Bachelor of Business Management (Level 7). If you're doing the diploma with the Leadership and Management specialisation, that is year one of the degrees so you can straight on to year two.
Academic qualification equivalents
- Completion of All India Senior School Certificate (CBSE) or Indian School Certificate (CISCE).
English language requirements (one of the below):
IELTS:
- Postgraduate Diploma and Graduate Diploma in Engineering: 6.5 overall with no sub-score less than 6.0
- Graduate Diploma, Bachelor and Level 6 Diploma: 6.0 overall with no sub-score less than 5.5
- Level 5 Diploma: 5.5 overall with no sub-score less than 5.0
TOEFL iBT :
- Postgraduate: Score of 79 (with a writing score of 21)
- Graduate Diploma, Bachelor and Level 6 Diploma: Score of 60 (with a writing score of 20)
- Level 5 Diploma: Score of 46 (with a writing score of 20)
PTE:
- Postgraduate Diploma: PToE (Academic) score of 58
- Graduate Diploma, Bachelor and Level 6 Diploma: PToE (Academic) score of 50
- Level 5 Diploma: PToE (Academic) score of 42
Wellington Institute of Technology Tuition Fees
| Courses |
Duration |
Tuition Fees |
| Engineering (7 Courses) |
1 Year - 3 Year |
NZD 17500 - NZD 20000 |
| Arts (3 Courses) |
1 Year - 3 Year |
NZD 17500 - NZD 22750 |
| Information Technology (IT) (3 Courses) |
1 Year - 3 Year |
NZD 17500 - NZD 21200 |
| Management (3 Courses) |
1 Year - 3 Year |
NZD 17500 - NZD 18250 |
New Zealand Living Expenses
You'll require between $20,000 and $25,000 a year ($380–480 per week) for housing/rent, food, transportation, phone bills, internet usage, and entertainment, in addition to your tuition and insurance fees. The average living expense will be the same for everyone, regardless of their tuition or course price. Please keep in mind that these are only suggestions; the Immigration New Zealand requirement is $15,000 per year including return travel or an additional $2,000.
| General expenses |
Cost
(in NZ dollars) |
| Rent (per month) |
$800–$950 |
| Groceries (per week) |
$100–$150 |
| Gym membership (per year) |
$300 |
| Entertainment (per week) |
$50 |
| Milk (per litre) |
$3 |
| Coca Cola (per can) |
$2 |
| Cup of Coffee |
$3–$5 |
| Lunch from University food hall or campus café |
$7–$12 |
| Local calls made from a cell-phone |
$0.50–$1.50 |
| Taxi - 5 km ride |
$10–$12 |
| Movie ticket |
$10–$14 |
| Visit to doctor |
$45–$85 |
