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New Zealand qualifications

Prescriptions

227 Entrepreneurial Planning (expiry date 31 December 2009)

400 Prescriptions (Level 4)
500 Prescriptions (Level 5)
600 Prescriptions (Level 6)

All 100 and 200 prescriptions (except 227 Entrepreneurial Planning) expired on 31 December 2008 and are no longer available for assessment (including assessment of prior learning - APL/RPL) or credit transfer.

Prescription feedback form for 400-600 prescriptions

A prescription review schedule will be confirmed in late 2009. For further details, refer to Tertiary Circular T2008/007.

Questions and answers for specific prescriptions are available where feedback from assessors or the national external moderation process indicates this is appropriate. Refer to the prescription list below for available questions and answers.

National External Moderation Summary Reports may also provide information about prescription interpretation.

View general information about national and local prescription development, review and approval.

View information about transition arrangements from version one to version two of the qualification.

Code Title Outcomes/aims
227 Entrepreneurial Planning
Prescription 227 expires on 31 December 2009. Replacement may not carry planned 627 code - to be determined by review in 2009.
To equip students with the skills to evaluate the issues that arise when establishing or purchasing a small business.
234 Planning and Control  
Prescription 234 expired 31 December 2008. Replacement may not carry planned 534 code – to be determined by review in 2009.
1 To provide students with the major tools and techniques of business planning and control. 2 To encourage an innovative approach to the solving of planning problems. 3 To introduce students to the principles of management information systems and the use of computers as management tools.    

Prescription codes in brackets ( ) below indicate the prescription which has been replaced. Core prescriptions are indicated in bold below.

Code Title Outcomes/aims
400 (Level 4)
400 (100) Accounting Principles Students will understand financial statements and reports and be able to analyse and interpret business performance for sole traders and small companies.
430 (160) Quantitative Business Methods Students will demonstrate knowledge of the concepts and methods of data analysis, statistical inference and financial mathematics.
432 (132) Office Management Students will demonstrate knowledge of effectively managing an office and its employees.
435 (115) Fundamentals of Small Business Students will demonstrate knowledge of the characteristics, options and operation of small business in the New Zealand context.
469 (139) Academic Skills for Business Studies Students will recognise the skills of vocabulary acquisition and use, reading, note taking, critical thinking, writing and oral presentation in a business context.
500 (Level 5)
501 (101) Accounting Practices Students will record and process financial transactions and prepare financial statements and cash budgets for entities in accordance with current accounting practices.
510 (110) Introduction to Commercial Law Students will demonstrate knowledge of commercial law, to enable application of legal reasoning.
520 (120) The Economic Environment Students will apply elements of economic theory to contemporary business issues.
(Questions and Answers)
530 (130) Organisation and Management Students will understand the factors that influence management and the organisation and apply a range of factors.
541 (141) Fundamentals of Marketing Students will have a working knowledge of fundamental marketing concepts relevant to contemporary organisations.
550 (150) Business Computing Students will understand, discuss, evaluate and apply information technology to meet business requirements.
560 (140) Business Communication Students will apply communication knowledge and skills in the evolving context of New Zealand and global business.
570 (170) Introduction to Banking and Financial Services Students will demonstrate an understanding of the structure, customer relationship, products and services of the financial services industry in New Zealand .
580 (180) Principles of Tourism Students will understand concepts of global tourism and apply this knowledge to the tourism industry in New Zealand .
600 (Level 6)
601 (201) Financial Accounting Students will apply the regulatory and technical aspects of financial accounting and external reporting for companies and evaluate financial and non-financial information.
602 (202) Management Accounting Students will collect, interpret, present and use relevant management accounting information for an organisation to effectively plan, control and make appropriate decisions regarding business operations.
603 (203) Business Finance Students will apply financial management knowledge and skills to a small or medium size business for decision-making purposes.
605 (205) Internal Auditing Students will understand the role of internal auditing in the corporate governance framework.
606 (206) Taxation Students will apply knowledge of taxation rules to New Zealand taxable entities in a range of situations.
610 (210) The Law of Business Entities Students will demonstrate understanding of the legal requirements for establishment, operation and the cessation as applied to various forms of business entity.
611 (211) Business Law Students will demonstrate understanding of practical legal opportunities, responsibilities and risks that arise in specific business situations.
620 (220) Managerial Economics Students will apply economic principles for managerial decision-making.
630 (230) Leadership Students will understand concepts and apply principles of leadership. Students will create a personal plan to develop leadership capabilities.
631 (215) Strategic Planning for Small Business Students will develop a strategic plan for a small business in New Zealand .
632 (232) Operations Management Students will understand functions of operations management and apply techniques to ensure efficient and effective production of goods and services.
633 (233) Human Resource Management Students will understand the roles, functions and application of Human Resource Management within contemporary New Zealand organisations.
635 (235) Employment Relations Students will apply knowledge of current employment relations legislation, processes and practices, and understand the relationship of the parties involved.
636 (236) Applied Management Students will apply management concepts.
642 (242) Marketing Research Students will conduct marketing research to develop and assess marketing strategies.
644 (244) Buyer Behaviour and Communication Strategies Students will understand buyer behaviour and develop appropriate marketing communication strategies to reach consumer and organisation markets.
648 (248) Marketing Planning and Control Students will produce an operational marketing plan for a market or business of interest.
650 (250) Applied Computing Students will use software applications in developing computer-based solutions for business problems.
652 (252) Systems Development Project Students will analyse and develop a simple work group application to improve productivity in a multi-user environment, using a systems development methodology.
655 (255) Information Systems Management Students will demonstrate understanding of information systems and their effective management, and use information methodologies to enhance business processes and contribute to achievement of organisational goals.
670 (270) Advanced Banking Students will apply knowledge of aspects of strategic management within banks.
675 (275) Lending and Securities Students will apply the principles of good lending and loan management to personal and business customers.
676 (225) International Trade and Finance Students will apply knowledge of appropriate products, strategies and practices in the conduct, financing and settlement of international trade.
685 (285) Tourism Industry Management Students will apply business concepts to develop a business plan for a small to medium sized tourism venture.

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Page updated: 28 January 2009