If you're organised, great at numbers and a top communicator, you'll be in demand by employers for roles such as account supervisor or accounts clerk. Many businesses need these types of positions in-house, meaning that your knowledge and skills will serve you well for many years to come, in a variety of potential environments.
By combining the finance component with business administration, you’ll have skills and insider knowledge that will keep your job in-demand and interesting. This is simply a great all-round qualification and a real way to get ahead.
This Certificate is useful for people looking to gain skills that will get them a job in business, finance and administration, but also for those who are currently employed who need to take their formal qualifications to the next level. The BSB40515 Certificate IV in Business Administration (specialising in Finance) gives you training in financial services, payroll and coordination of business resources as well as office basics like managing multiple tasks, writing complex documents and working on set projects.
This course can be done in your own time around your current work, study or family commitments.
Potential career outcomes
- Accounts Supervisor
- Executive Personal Assistant
- Office Administrator
- Office Manager
- Project and Program Administrator in business administration assisting accounting and finance professionals
|Qualification name||BSB40515 Certificate IV in Business Administration|
|Course duration||Maximum 18 months|
|Assessments||Case studies, Portfolio of evidence, Projects, Questions, Video/Audio recording, Written reports|
While there are no formal education entry requirements, Open Colleges suggests you should have completed:
- Year 10 and a minimum of one year of vocational experience, or
- A nationally recognised qualification at the Certificate III level or higher, or
- At least two years of relevant vocational experience.
You will need to be at least 18 years old.
This course requires you to read comprehensive learner workbooks, undertake a range of written assessments and engage in online discussion forums. Furthermore, the delivery mode relies on the extensive use of written communication.
As such, entry to the course requires English proficiency to Year 11 level or equivalent:
- A qualification at the Certificate III level or higher; or
- 2 years of work experience in a role that requires the use of written documentation and communication.
Open Colleges recognises that not all people are able to read, write and perform calculations to the same standard. See the Language, Literacy and Numeracy Considerations section for more information on tools, resources and support services provided to by Open Colleges.
You will need access to a computer and the internet and have basic computing skills. Minimum specifications for your computer are:
- Microsoft Office 2010 or equivalent
- Broadband internet connection
- 2GB of RAM
- CD-ROM or DVD drive
- Adobe Reader XI or equivalent
- Adobe Flash Player 10 or higher.
- Access to printer and associated software
- Access to scanner and associated software
- Digital imaging software
- File compression software.
- Microsoft Windows 7 or higher (Windows 8 recommended)
- 1 Ghz or faster processer (2GHz recommended)
Mac OS users:
- Mac OSX v10.5 or higher (Mac OSX v10.6 recommended)
- 1 Ghz or faster processer (2GHz recommended)
You will need access to a digital video recording device and/or a digital camera and associated software to save and upload video, audio and image files to OpenSpace. Many mobile phones and smart phones include this technology.
You will also need access to software to view online videos and images. Software such as Adobe Reader, Windows Media Player, Windows Photo Viewer etc are available as a download from the internet.
Some assessments include a component for you to record an audio or video. The requirements for these vary depending on the assessment. If you are unable to conduct these in the workplace and this is a requirement of the assessment, you have the option of engaging with friends, family and other students to record this via other means, such as Skype.
You'll also need access to a telephone for some of the activities in this course.
To successfully complete this course, you will require basic computing skills. This includes:
- Creating, saving and editing Microsoft Office documents
- Accessing and searching the internet
- Downloading and saving documents from websites
- Uploading documents through websites
- Participating in online discussions
- Connecting digital cameras and downloading and storing images and audio files
- Connecting digital video devices and downloading and storing videos
- Compressing image files.
Language, Literacy and Numeracy
Our free online assessment tool can help give you an idea of the language, literacy and numeracy skills needed to study a VET course. This tool can also help you determine your learning level and help you plan your future studies. You can access the Language, Literacy and Numeracy tool here.
- Make meeting arrangements
- Prepare documentation for meetings
- Record and produce minutes of meeting
- Plan project administration
- Coordinate project administration
- Finalise and review project administration
|FNSINC401||Apply principles of professional practice to work in the financial services industry|
- Identify the scope, sectors and responsibilities of the industry
- Identify and apply financial services industry guidelines, procedures and legislation
- Identify sustainability issues for the financial services industry
- Manage information
- Participate in and facilitate work team activities
- Plan work to be completed taking into consideration time, resources and other constraints
- Develop and maintain personal competency
|BSBFIA301||Maintain financial records|
- Maintain daily financial records
- Maintain general ledger
- Monitor cash control
|BSBFIA401||Prepare financial reports|
- Maintain asset register
- Record general journal entries for balance-day adjustments
- Prepare final general ledger accounts
- Prepare end-of-period financial reports
|BSBITU402||Develop and use complex spreadsheets|
- Prepare to develop spreadsheet
- Develop a linked spreadsheet solution
- Automate and standardise spreadsheet operation
- Use spreadsheets
- Represent numerical data in graphic form
|BSBWRT401||Write complex documents|
- Plan documents
- Draft text
- Prepare final text
- Produce document
|BSBADM409||Coordinate business resources|
- Determine resource requirements
- Acquire and allocate resources
- Monitor and report on resource allocation and usage
|FNSBKG405||Establish and maintain a payroll system|
- Record payroll data
- Payroll preparation
- Handle payroll enquiries
- Maintain payroll
The assessments for this unit require 40% to be supervised by an independent supervisor. The supervision should not be administered by a family member, friend or someone that has a close personal or professional relationship with the student undertaking the assessments. Organising this supervision is the responsibility of the student.
|BSBINM401||Implement workplace information system|
- Identify and source information needs
- Collect, analyse and report information
- Implement information systems
- Prepare for information system changes
What are my payment options?
Pay in full
If you pay your course fees up-front in full, you’ll benefit from a discount. When you pay in full, we don’t have to spend extra money on administration for tasks such as payment plan processing. Instead, we get to pass this saving onto you in the form of a discount.
Pay for you course in weekly or fortnightly instalments. By paying in instalments, you can schedule your payments around your regular outgoings and get ahead without breaking the bank. Open Colleges payment plans are interest-free.
ZipMoney Payment Plan
If you need a little more flexibility in your finances, and want to pay off your course fees over a longer period of time, you can switch to a zipMoney payment plan. Essentially, zipMoney pays your course fees for you, and you pay this loan back over 24, 36 or 48 months. As long as you are eligible, you can switch to a zipMoney plan at any time.
Damian has worked in the IT industry for over eight years in many different roles. Starting from desktop support, he progressed to network and systems engineering, software development and IT project management. He has worked for international organisations in both Timor-Leste and Papua New Guinea, while learning to fluently speak Tetun. His most recent position was IT Manager for a large multinational corporation. Damian’s qualifications include the Bachelor of Computer Science and Technology (Networks & Systems), TAE40110 Certificate IV Training and Assessment and Certificate II in Information Technology.
Holly is an enthusiastic and dedicated professional with over 13 years' experience in business administration, account management, marketing and print. She has also been working within the education and training industry since 2013, in both a face-to-face and online capacity, and is passionate about the power of education.
Holly holds a Bachelor of Commerce, Diploma of Business Administration, Diploma of Business, Diploma of Marketing Communication, Certificate IV in Training & Assessment and a Certificate III in Printing & Graphic Arts. She is also currently completing the Diploma of Social Media Marketing.
Lorraine Danos is an experienced bookkeeper who has been working as a trainer with Open Colleges since 2004. She has worked across many industries, including manufacturing, community services, hospitality and property management, and has particular experience with the transfer of records from manual to computerised systems. Lorraine has also written a bookkeeping course which was certified by the NSW Vocational Education & Training Accreditation Board (VETAB), recently replaced by the Australian Skills Quality Authority.
Melissa has been employed within the financial services industry for the past 18 years. During this time Melissa has had experience with general accounts, lending, insurances and OHS as well as training, assessing and development. Melissa also holds a Certificate IV in Training and Assessment, obtained through further study with Open Colleges. She enjoys playing sport and in her spare time is a sports development officer and softball academy instructor.
Suzanne JudgeSuzanne has worked in many fields in local government from finance, records management, property management, procurement, executive assistance and strategic planning. She has been a trainer and assessor in the Business Services Training Package for the last seven years for Open Colleges, St George TAFE and the NSW Department of Education and Training. Suzanne currently serves on the Training and Advisory Board of Open Colleges and holds a Bachelor of Business from UTS, a Postgraduate Diploma in Local Government from Charles Sturt University and a Certificate IV in Training and Assessment.
Venise Damaskos has experience in retail, business administration and teaching and has worked for high profile retailers including Grace Bros, Norman Ross and World 4 Kids. She developed her teaching skills at the Macarthur Business Training Centre before moving to TAFE as a teacher and workplace trainer/assessor. Venise holds a Certificate IV in Business Administration, as well as a Diploma in Retail Management and a Certificate IV in Assessment and Workplace Training, Diploma in Vocational Education and Training and currently studying her Advanced Diploma of Management.
Yvonne has worked extensively in the business sector and has worked across the banking/finance, government, health, and education areas. Her experience includes reception, executive assistant, office manager, AP/AR, payroll, travel domestic/international and events management. Yvonne’s work has taken her to exotic and sometimes dangerous locations that require strategic planning for security and visa requirements.
Yvonne has also worked with long term unemployed youth to assist them in obtaining employability skills and qualifications. Her qualifications include a Bachelor of Adult and Further Vocational Education (BAVE), Certificate IV in Training and Assessment, Computer Studies, Customer Engagement, and is a member of the QCT. Yvonne has also received awards for partnering and innovation.
Yvonne brings a wealth of experience, skills and knowledge to business and education sector.
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