Higher Education

Graduate Diploma in Business (GDB)

Quick Facts

Course Overview

This course is designed for both aspiring managers and people currently employed in business or management. The program will provide you with the understanding, knowledge and skills necessary to explain and discuss essential principles and practices of business. These are delivered through the core subjects in business and management. 

The core curriculum develops your understanding and ability to interpret financial statements and marketing plans, analyse markets, read audit reports and develop business plans.

Knowing how to read financial statements is important during the evaluation of a vendor's financial standing. Knowing how to interpret marketing plans and conduct a market analyse will help you identify a vendor's strengths and overall strategies.

On completion of the Holmes’ Graduate Diploma in Business you will have developed a broad business mindset.

Course Structure

The Graduate Diploma in Business is a one-year course, delivered over two trimesters on a full-time basis. To meet the requirements for graduation, all students must successfully complete 8 units.

Graduate Diploma in Business (GDB)

4 core units + 4 elective units


Core Units

HI5001 Accounting For Business Decisions


HI5002 Finance For Business


HI5003 Economics for Business


HI6007 Statistics For Business Decisions

Elective Units*

4 electives may be chosen from the MBA core or specialisation units


*Please note: Elective/specialisation units are offered subject to demand and may not be offered in a given study period.


On successful completion of this course, students are awarded the Graduate Diploma in Business. The course meets the Australian Qualifications Framework specifications for a Level 8 graduate diploma degree.

Advanced Standing

Students may be able to shorten the length of this course by applying to transfer any recognised prior learning credits. The application will be assessed in consistence with the principles of the Holmes’ Advanced Standing Policy.

Opportunities for Further Study

An Australian GDB equips a graduate to go on and apply to enrol in the Master of Business Administration or the Master of Professional Accounting at Holmes Institute and receive up to 8 credits. There are also opportunities to enrol and gain credits in postgraduate business courses at other higher education institutions.

Career Opportunities

Potential careers exist in industry and government, for graduates as the course improves their ability to run and manage a business, or helps them move into a management role. Graduates are equipped to understand mid-level management roles in a broad spectrum of industries.

Mode of Delivery

This course is delivered face-to-face on campus. Units are delivered in a lecture and tutorial format.


Throughout the course students must demonstrate an understanding of all elements of a particular competency to be deemed competent. Assessment methods in the course have been designed to measure achievement of each competency in a flexible manner over a range of assessment tasks.

Assessment will incorporate a variety of methods including assignments, journals, presentation, test and examinations. These tasks could be undertaken as an individual or group.

Students are advised of the assessment requirements for a unit in the unit outline.

Course Learning Outcomes

The GDB course is designed to provide students with a wide breadth of knowledge of different aspects of management and business. The course is relevant to a range of professionals who wish to develop their skills and knowledge in relation to business management and their application to business. The Course Learning Outcomes are consistent with the Australian Qualifications Framework (AQF Level 8) and Bloom’s Taxonomy.

Accordingly, the graduates of the Graduate Diploma in Business will be able to:

  1. Demonstrate, contemporary theoretical and applied knowledge of business administration and the practical skills necessary to identify, investigate and solve managerial issues in a contemporary business environment.
  2. Demonstrate managerial knowledge, underpinned by the principles of corporate and social responsibility, ethics and sustainability, to support organisational processes
  3. Evaluate the impact of managerial decisions on corporate strategies, performance, and associated business processes.
  4. Synthesise and effectively communicate managerial models and frameworks relevant to real-world situations with due consideration of the impacts and outcomes affecting diverse stakeholders.
  5. Work well autonomously as well as within group settings to identify and apply innovative business administration solutions to professional scenarios.