Online diploma programs in small business management are not common, but there are options available. Although many programs are offered 100% online, a few require students to take at least some courses on campus. These programs can take as little as two months for students to complete. Individuals will learn how to write a business plan, manage day-to-day finances, market a business and prepare a budget. Online diploma programs may end in a final project that students complete on their own time.
Small Business Management Diploma
Online small business management diploma programs include courses in the financial, legal and personal aspects of owning a small business. In less time than it takes to earn a degree, small business owners and managers can gain the skills they need to start or grow their businesses.
Program Information and Requirements
Online small business management diploma programs can take between two months and one year to complete. Many programs cater to part-time students. Students taking all of their courses online may not have access to on-campus resources, such as small business development centers, but they'll be able to contact instructors and program staff during regular business hours.
List of Common Small Business Management Courses
Courses in an online small business management diploma program typically cover topics such as human resources management, accounting, mathematics for business, marketing and business law. Other possible course topics include starting a business, entrepreneurship, writing a business plan and networking.
Small Business Management
In this foundational course, students learn about the stages involved in planning for, starting and operating a small business. They learn about marketing techniques, managing finances, overcoming legal hurdles and meeting government regulations.
Students learn how to select the right marketing methods for their small businesses. The course discusses advertising, promotion, budgeting and public relations.
Students learn how to use financial information as a gauge to determine how their businesses are performing. They learn how to create financial statements, analyze investment returns and calculate break-even points.
Those who complete diploma programs in small business management tend to already be small business owners or already be planning to start a small business in the future. According to PayScale.com, as of October 2016, annual wages for most small business owners were anywhere between $25,644 and $154,528. This statistic includes bonuses, profit sharing and commission, in addition to base salary.
Continuing Education Information
Students who wish to further their educations can pursue associate's or bachelor's degree programs in small business management. Entirely online programs are available for both degree levels.
Online diploma programs in small business management teach students financial, legal and planning skills necessary for running a business. Additional education is also available at the associate's and bachelor's degree levels.