Course at a glance
Introduction
The Accredited Level 2 Commerce Diploma has been designed to provide students with a sound understanding of commercial activities. In particular, it will benefit those who seek employment in commercial occupations, whether in trade or in one of the services ancillary to trade.
Upon completion of the Accredited Level 2 Commerce Diploma, students will acquire a knowledge of and develop an understanding of, the nature and purpose of commercial activities and commercial institutions. Alongside developing skills of numeracy, literacy, presentation and interpretation.
The course is a year in length and divided into 2 units of study. At the end of each unit there is an associated TMA (Tutor Marked Assessment) which students are required to complete and submit. The course is formally assessed by an average grade being attained from the 2 submitted Assessments.
The following unit descriptors are brief content guides to the course components and should provide a holistic overview of structure and format.
Assessment Objectives (AO)
AO: 1
Students must select and demonstrate clearly relevant knowledge and understanding through the use of evidence, examples and correct language and terminology appropriate to the course of study. This assessment, involves two written assignments: one halfway through the course and following the final unit. Both are assessed and graded by the assigned tutor, according to college procedures. The grading procedure if Pass or Fail. If you Fail an assessment you have the opportunity to amend where your tutor has highlighted and resubmit.
AO: 2
Students must critically evaluate and justify a point of view through the use of evidence and reasoned argument. Students can include evidence in different formats to support their written work such as documentation or images to support their course remembering Confidentiality and Data Protection.
Quality of Written Communication (QWC)
In addition, COLC require students’ to produce written material in English, candidates must: ensure that text is legible and that spelling, punctuation and grammar (SPG) are accurate so that meaning is clear; select and use a form and style of writing appropriate to studying a complex subject matter; organise information clearly and coherently, using specialist vocabulary when appropriate and Harvard referencing of citation and sources. In this Specification, SPG will be assessed in all tutor marked assignments (TMAs)
To ensure that we maintain quality standards; all our students written assignments are subject to our plagiarism policy and procedure.
Accredited Level 2 Commerce Diploma Entry Requirements
Basic English reading and writing skills, as full tutor support is given.
All students must be 16 years of age or above.
Study Hours
Approximately 160 hours.
Course Duration
1 Year.
Enrolment
You can enrol on the course at any time.
Awarding Body
Assessment Method
Two tutor marked assignments; one assignment after each unit.
Course Content
Accredited Level 2 Commerce Diploma Unit 1: Production, Trade, and Consumer Credit
Module 1: Production and Commercial Activity
- Production
- Organisation of Production
- Barter and Money
- Kinds of Occupations
- Commercial Activity
- Channels of Distribution
- The production of goods and services; the various activities, occupations and commercial functions in-volved.
Module 2: Trade
- Retail Trade
- Wholesale Trade
- International Trade
- The channels of distribution for goods and services in home and international trade; the role of markets, government involvement.
Module 3: Consumer Credit and Protection
- Buying Goods and Services
- Types of Credit
- Consumer Protection
- Purchase and payment considerations;
- Sources of finance for purchases of goods and services;
- Methods of protection available to consumers.
Accredited Level 2 Commerce Diploma Unit 2: Business Ownership and Trade
- Private and Public Ownership
- Private Sector
- Public Sector
- Multi-nationals
- Commercial Calculations
- Measuring Business Performance
- Improving Business Performance
- Sources of Finance
- Private and public ownership of business organisations; control, profits and losses; the results of trading
- Sources of finance.
Module 5: Aids to Trade
- Banking
- Transport
- Communications
- Insurance
- Advertising
- Warehousing
- The role of banks, transport, communications, insurance, advertising and warehousing in making buying and selling safer and simpler.
Progression
This Accredited Level 2 Commerce Diploma can be used in preparation for progressing to higher level study in relevant business or economics subjects (for example Accredited Level 3 Diplomas) or as a vehicle for career development or to fulfil entry requirements to education courses.
