OVERVIEW
About This Programme
The Diploma in Accounting and Finance has been developed by London School of Business and Finance as an initial qualification for students aiming for a career in one of a wide range ofindustries, and/or for students aiming for a Higher Education qualification in a subject allied to Accounting and Finance. One important feature of this programme is that it has been designed for students whose first language is Chinese (Mandarin), or who have proof of proficiency in the language.
CIMA and ACCA accredited degree
8 month | fulltime
fast track degree
Practical and theoretic modules
Guided career sessions
MODULES
Designed to explore beyond subject knowledge
By the end of the programme, graduates will be able to demonstrate the accounting and finance related knowledge, which will be further developed and integrated into broader business knowledge, skills and professional values and ethics.
Principles of Accounting and Finance
On successful completion of the module, students will be able to:
- Describe the nature and significance of the basic accounting principles and concepts.
- Apply these accounting principles and their relevance to personal and professional financial decision-making.
- Discuss the role of accounting information to external users.
- Explain the various categories of accounts.
- Describe the importance of internal control over cash and how to prepare a bank reconciliation statement.
- Discuss and evaluate the different methods of depreciation in relation to long-term assets of a business.
- Prepare the income statement, balance sheet and cash flow statement.
- Appreciate the difference between capital and revenue expenditure
Perform simple financial ratio analysis.
Cost Accounting
On successful completion of this unit, students should be able to:
- Appreciate the role of cost and managerial accounting in the management process
- Explain cost terminology and the various types of cost
- Calculate material, labour and overhead costs for products and services
- Allocate overhead costs to products or services under the various methods of allocation
- Use job-order cost information for decision-making
- Demonstrate how a process costing system tracks costs to products and the different costing systems used
- Use the various approaches in cost estimation
- Apply budgeting and standard costing techniques to assist management in controlling operations and have a critical understanding of the strengths and weaknesses of such techniques
International Business Management
On successful completion of this unit, students should be able to:
- Evaluate concepts and techniques in the multi-disciplinary international business issues
- Explain and evaluate structures, processes, and contexts of international business
- Demonstrate knowledge of international business issues and of the debates associated with this area of study
- Apply the relevant policies to suggest solutions to multi-faceted business problems and issues
Principles of Banking and Finance
On successful completion of this unit, students should be able to:
- Describe the different segments of the banking and finance industry, types of financial market
- Identify the economic, political, social, technological and demographic forces affecting the banking and finance industries
- Describe the organisation structure of a bank
- Describe the roles of a bank as well as financial intermediaries
- Identify the different types of banking customers as well as the types of banking products available to meet their needs
- Discuss the various common financial securities used by business organisations to raise capital
- Appreciate the objectives and role of finance management and the importance of the financial manager in a business organisation
Principles of Economics
On successful completion of this unit, students should be able to:
- Demonstrate an understanding of the key concepts in micro and macroeconomics
- Explain the impact of supply and demand, price elasticity on market position and competitors
- Discuss the impact of economic policies on business and the business environment
- Critically review the global trading and financial systems
Principles of Information System
On successful completion of this unit, students should be able to:
- Explain the importance of information systems for business professionals and basic knowledge they need to use and manage information technologies in business
- Identify the basic knowledge about information technology and the challenges information system technologies pose for business professionals
- Describe how Internet technologies and other forms of information technology support electronic business operations, electronic commerce, and business decision-making
- Describe how to use system development process and the model of IS components to develop and implement information system solutions to meet the challenges of business enterprises
Principles of Management
On successful completion of this unit, students should be able to:
- Develop an overview of the role of management
- Describe key the concepts of management and organisational theory
- Explain the key issues associated with achieving purposeful activity within organisations
- Identify different areas of the management function and their associated academic fields such as Marketing, Strategic Management and Project Management
- Recognise the issues and challenges raised by Corporate Social Responsibility and Ethics
Quantitative Methods
On successful completion of this unit, students should be able to:
- Develop a grounding in qualitative analysis
- Be able to use the key quantitative methods in business decision-making and management research
- Distinguish between different types of data, data collection, analysis and presentation
- Use statistical techniques to analyse, test and interpret
- Identify and define the appropriate quantitative methods to solve business-related problems and determine a set of alternative solutions
- Apply the principles and rules of probability
- Handle a range of financial calculations
Full programme structure and learning outcomes
Get detailed breakdowns and learn about the advantages of learning with LSBF Singapore.
what to expect
Prepare for a Diploma in Accounting and Finance (Mandarin)
Programme Aims
The Diploma in Accounting and Finance aims to provide students with:
- Knowledge and skills that will enable them to follow a career in all areas of accounting and a wide range of careers in business and finance.
- To lay the foundation for future and continuing professional development.
- To develop students’ competence and practical skills in accounting.
- To provide students with the relevant knowledge and understanding of accounting and finance as it relates to the wider business context
Whilst the Diploma in Accounting and Finance may be a first step towards obtaining higher level qualifications (for example an Advanced Diploma in Accounting and Finance), holders of the Diploma will be equipped to enter employment in a role requiring some personal responsibility but within a mainly supervised context.
Learning Outcomes
Graduates of the Diploma in Accounting and Finance should be able to understand and apply, within the employment context, basic theories and concepts from the following generic management areas:
- Economics
- Accounting
- Finance
- Management
On successful completion of this programme, students should be able to:
- Demonstrate knowledge of organisations, the external environment in which they operate and how they are managed
- Analyse strategic issues related to the subjects studied
- Evaluate the appropriateness of different approaches to solving problems related to the subjects studied
- Show an understanding of accounting and finance principles and practices in the context of their chosen specialisation
- Communicate the results of their study/work accurately and reliably, and with structured and coherent arguments
- Demonstrate study autonomy as well as planning, judgement and organisational skills.
- Work effectively with others as a member of a group
- Undertake further training and develop new skills within a structured and managed environment
In addition, holders of the Diploma in Accounting and Finance should have developed the qualities and transferable skills necessary for employment requiring the exercise of some personal responsibility.
Skills you will acquire
$92,000+
median Singapore salary for Accounting
483,000+
Singapore job openings in Accounting
75%
of graduates report positive career outcome
programme structure
Assessment method, graduation, and awards
A: Assessment Outline
Assignment/Class test 50%
Final Exam 50%
Total: 100%
B: Assessments Profile
i. Assignment/Class test: (50%)
The assessment may take the form of an in-class test, individual or group assignment.
Students to be communicated on assignment and assessment outlines/ parameters before programme and unit commencement.
Students are tasked to submit the assignment/ class test.
ii. Final Examination (50%) 3 hours
Students to be communicated on the final exam and assessment outlines/ parameters before programme and unit commencement.
Lecturer will go through with the students and highlight the importance of relevant topics during the final revision class.
Students are required to sit for the final exam.
Graduation and awards
Students must complete and pass all required modules in this programme to receive a Advanced Diploma in Accounting and Finance (Mandarin) certification.
Students who are for any reason unable to complete the Diploma and who have successfully passed a minimum of 4 modules are eligible for an Exit Award of a Diploma in Accounting and Finance (Mandarin).
Contact hours
Mode | Lecture/Tutorial/Seminars/Workshops | Student Independent Learning |
FT | 42 hrs. (14 Lessons of 3 hrs. each) | 108 hrs. |
PT | 36 hrs. (12 Lessons of 3 hrs. each) | 114 hrs. |
Full-time students attend 3-hour lessons per day plus directed/independent study for a period of 8 months from Monday to Friday. Part-time students attend 3-hour lessons two nights a week and scheduled weekends for a period of 12 months.
attendance requirements
STP holders: 90%
Non-STP holders: 75%
STUDENT SUPPORT SERVICES
Why choose LSBF for your education
Study Materials
Students will receive study materials after they have made full payment for their programme. Replacement of study materials is subject to additional charge.
Student Portal
Students have access to the Student Portal. It is a useful site where the course information and learning materials are available for students’ easy reference.
Accessible Faculty
Students may contact their lecturers directly via email outside the lecture hours for any academic related queries.
Recorded Lectures
We will show compassion and care to all stakeholders as we believe the journey is as important as the outcome.
ELIGIBILITY
Who can apply
Tailored for students and working professionals whose first language is Mandarin, this programme unlocks opportunities in the dynamic world of Accounting and Finance, empowering you to enhance your skills bilingually and thrive in a globalized workforce.
Minimum Academic Entry Requirement
- Two passes in GCE A level Examinations, or
- Completion of High School qualification, or
- Polytechnic Diploma or other similar qualifications such as completion of Vocational high school qualification; Technical high school qualification, or
- Pass in Certificate in Business (Mandarin)
- Language Proficiency in Mandarin equivalent to Year 11
- Mature Entry Route (MER): Minimum age of 30 with 8 years work experience will be assessed on a case-by-case basis.
Minimum age requirements
- Aged 18 years old and above
TUTION FEES
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