Diploma of Retail Management (SIR50112)

Qualification: Diploma
Course Code: SIR50112
Study mode: Online
Payment options: Payment plan
Upfront payment
Duration: Self-paced; complete within 12 months
Start date: Anytime – start today!
Awarded by: Foundation Education (RTO 22557)
This course meets Nationally Recognised Training standards. It is listed on the Australian government's National Register for Vocational Education and Training (VET). Studying this course leads to a qualification that's recognised throughout Australia, and lets employers know that you have the right skills for the job.

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About this course

Broaden your horizons and equip yourself with the knowledge and skills to run a large-scale retail operation in a senior role. A Diploma of Retail Management (SIR50112) will provide you with industry insights, that will boost you up the career ladder or inspire you to launch a venture of your own.

Covering daily operations, staff training and development, marketing strategies, financial considerations and navigating the relatively new field of online branding and sales, this course is comprehensive in scope and invaluable in its insights.

Delivered online by Foundation Education and Australian Institute of Personal Trainers, you can set your own study times, work at your own pace and get the most out of your learning experience.


Applicants must meet the following entry requirements to enrol in this course:

  • Have the required language, literacy and numeracy skills to complete a diploma-level qualification
  • Have access to a computer, the internet and an active email address
  • Have computer literacy skills
  • Have the capacity to complete assessment items within the required timeframes

This qualification also includes units that comprise an approved Tax Practitioner Board (TPB) course in Australian taxation law and commercial law. Persons seeking registration with the TPB should check current registration requirements via their website. A certified copy of the following qualifications will also be highly regarded:

  • Certificate III in Retail Operations (SIR30212)
  • Certificate IV in Retail Management (SIR40212)

Areas of study

In this retail course, the subjects you may study include:

Core units

  • SIRXFIN005A - Manage operations to budget
  • SIRXSLS009A - Manage sales teams

Elective units

  • BSBWOR501B - Manage personal work priorities and professional development
  • BSBHRM506A - Manage recruitment, selection and induction process
  • BSBRSK501 - Manage risk
  • SIRXEBS001A - Acquire and retain online customers
  • SIRXEBS002A - Manage retail brands online
  • SIRXMER405 - Manage store presentation and pricing
  • BSBADM502B - Manage meetings

Upon successful completion of this course you will receive a nationally recognised, accredited Diploma of Retail Management (SIR50112SIR50112) from Foundation Education or Australian Institute of Personal Trainers.

This course provides you with a broad overview of the running and management of a retail business, providing you with in-depth industry insights and the skills to move up the career ladder or even launch your own business.

You will have the skills to pursue employment at a large retail store or wholesaler in a variety of senior positions such as:

  • Store Manager
  • Merchandise Manager
  • Buyer
  • Sales Manager
  • Area/Regional Manager

Finance options

VET FEE-HELP* is available for this course through Foundation Education's partner, the Australian Institute of Personal Trainers (RTO 32363). If you enrol in this course with VET FEE-HELP you will automatically become a student of AIPT's, and will be subject to their terms and conditions. Course fees include the delivery and assessment of your qualification, study materials (including all resources), and student support services.

Foundation Education offers students exceptional flexibility when it comes to paying for course fees.

Three instalment plans are available:

  • o Upfront payment: deposit + remaining course fee to be paid within 30 days
  • Rapid payment plan: deposit + remaining course fee to be paid within 4 months
  • Payment plan: deposit + remaining course fee to be paid within 8 months

Alternatively, you can pay the full course fee upfront via credit card.

*VET FEE-HELP is an Australian Government study loan scheme, which can be used to help you pay for all or part of your tuition fees. Eligibility criteria apply.

RTO 22557
With over 14 years in the industry, Foundation Education endeavours to deliver flexible and personalised training solutions. A student satisfaction rate of over 80% and an industry leading graduation rate of 65%, combined with state-of-the-art technology, expert trainers and ongoing support, make Foundation Education one of Australia’s leading RTOs. Specialising in business services, health services, training and education and fitness and recreation courses, Foundation Education is the perfect choice for anyone looking for quality vocational training.
Studying with Foundation Education, you will be supported by an experienced trainer currently working in the industry. You will receive ongoing and personalised support with your assignments and career goals, and have access to coaching and advice from industry professionals. With state-of-the-art technology, you will have access to your course materials 24/7, meaning you can truly study when and where you want.

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