The Diploma of Business (CRICOS course code 107473M) is a Diploma level qualification (AQF Level 5) delivered by Penfold College Pty Ltd (CRICOS 03946C) over 1 year. Designed for international students seeking foundational business management skills, this course covers key areas such as business operations, marketing, financial management, and leadership. Delivered at Level 3, 123 Lonsdale Street in Melbourne's CBD, students benefit from studying in Australia's second-largest student city, home to over 250,000 international students and more than 150 CRICOS-registered providers. With indicative tuition of A$12,000 and total estimated fees of A$13,000 (excluding OSHC, living costs, and visa charges), this Diploma offers an affordable pathway to further study or entry-level business roles in Australia. All providers listed on HeadStart Academy are CRICOS-registered, ensuring you receive quality assured education under the ESOS Act protections. Whether you plan to continue to a Bachelor's degree or return home with an internationally recognised qualification, this course provides a solid foundation in business principles.
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Diploma of Business (CRICOS course code 107473M) is a Diploma delivered by Penfold College Pty Ltd over 1 year. This qualification is classified under the field of Management and Commerce (Code 08), specifically Business Management (080301). The course is designed to equip students with practical business skills applicable across industries. Penfold College Pty Ltd is a private provider registered with CRICOS since 2019, offering a focused learning environment in the heart of Melbourne. As a CRICOS-registered course, students are protected by the ESOS Act, ensuring tuition assurance and refund rights. With over 1,500 CRICOS-registered providers and 26,433 courses available in Australia, this Diploma stands as a reputable option for those starting their business career or progressing to higher education.
While specific syllabi are determined by Penfold College, students in a Diploma of Business typically develop skills in business planning, financial management, marketing strategies, human resources, and risk management. The Australian Qualifications Framework (AQF) Level 5 Diploma is designed to provide graduates with broad theoretical and technical knowledge, enabling them to apply solutions to complex business problems. Graduates often pursue roles such as office manager, project coordinator, or business development officer, or continue their studies in a Bachelor of Business. The course also fosters critical thinking, communication, and teamwork skills essential in modern workplaces.
The Diploma of Business has a duration of 1 year (52 weeks) as recorded on the CRICOS register. Instruction is delivered in English. This is a single qualification (no dual qualification or foundation studies component). Students should expect a full-time study load consistent with visa conditions. Melbourne's public transport network, including trains, trams, and buses, provides convenient access to the campus at 123 Lonsdale Street, located near Melbourne Central station.
Indicative fees sourced from the CRICOS register: tuition A$12,000, non-tuition fees A$1,000, estimated total A$13,000. These fees are set by Penfold College and are subject to change. Additional costs not included: Overseas Student Health Cover (OSHC) — approximately A$500–700 per year for single cover; living expenses — indicative weekly costs in Melbourne: rent A$350–600, groceries A$80–150, transport A$30–50; and the student visa application charge (currently A$1,600 for Subclass 500). Always confirm current fees directly with the provider via their website. HeadStart Academy does not guarantee fees and recommends budgeting an extra 20% for unforeseen costs.
For the Diploma of Business, Penfold College requires an English proficiency of IELTS 5.5–6.0 overall (or equivalent). Applicants should hold a qualification equivalent to Australian Year 12. No foundation studies are offered for this specific course; however, the provider may offer pathway options – contact them directly. International students must also satisfy the Genuine Temporary Entrant (GTE) requirement and demonstrate financial capacity to cover tuition, living costs, and OSHC. HeadStart Academy recommends checking the provider's website for the most current entry criteria.
This course has no mandatory work component. This means there is no work placement, internship, or practical experience requirement built into the curriculum. Students may still seek part-time work independently under their student visa conditions (48 hours per fortnight during term, unlimited during scheduled breaks). Melbourne's vibrant economy offers many casual job opportunities in hospitality, retail, and administration.
The course is delivered at Level 3, 123 Lonsdale Street, Melbourne VIC 3000. Melbourne is Victoria’s capital city, home to over 5 million people and Australia's largest international student population (over 250,000). The city boasts over 150 CRICOS-registered providers offering thousands of courses. Students enjoy excellent public transport, diverse cultural experiences, and a strong job market. The campus is located in the CBD, close to libraries, cafes, and business hubs.
International students enrolling in this course must apply for a Student visa (Subclass 500). Key requirements: (1) be enrolled in a CRICOS-registered course (this course qualifies), (2) provide evidence of English proficiency, (3) meet GTE requirements, (4) have adequate OSHC for the duration, (5) demonstrate sufficient funds. Student visa holders can work up to 48 hours per fortnight during study periods and unlimited hours during scheduled course breaks (subject to current government policies). For visa advice, consult a registered MARA agent or visit homeaffairs.gov.au. HeadStart Academy does not provide migration advice.
Follow these three steps to apply for the Diploma of Business at Penfold College Pty Ltd:
1. **Research CRICOS-registered providers**: Use HeadStart Academy to search for providers offering Diploma of Business in Melbourne. Filter by course level, field, and location to find suitable options. 2. **Apply directly to your chosen institution**: Visit Penfold College's website, review entry requirements (including English test scores and academic documents), and submit your application before the deadline. 3. **Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500)**: Once accepted, you'll receive a CoE. Use this to lodge your visa application with the Department of Home Affairs, including proof of OSHC and financial capacity.
Ready to start your Diploma of Business in Melbourne? Explore Penfold College's website for the latest fees and intake dates, or contact HeadStart Academy for free guidance on CRICOS-registered courses.
Diploma of Business is a CRICOS-registered programme at Penfold College Pty Ltd. Use this register extract [CRICOS register, Apr 2026] to cross-check codes, duration and indicative fees before you apply.
This page is general information only and not migration advice. Confirm Student visa (Subclass 500) requirements with the Department of Home Affairs.