Diploma in Accounting and Finance (Full Time & Part Time)

The Diploma in Accounting and Finance is to give students the best possible preparation for a successful career in one of a wide range of industries. Graduates of this course will be able to demonstrate a sound knowledge of the basic underlying academic concepts and principles associated with the broader discipline of Accounting and Finance.

Why study Diploma in Accounting and Finance?

  • To acquire the knowledge and skills that will enable you to follow a career in all areas of accounting and a wide range of careers in business and finance.
  • To lay a strong foundation for your career and continual professional development.
  • To develop your competency and practical skills in accounting.
  • To provide you with the relevant knowledge and understanding of accounting and finance as it relates to the wider business context.
Who is the course for?

The program is designed for students who are aiming to explore their careers in the industry or pursue higher qualification in the field of accounting and finance.

Learning Outcome
On successful completion of this programme, students should be able to:

  • Demonstrate knowledge of organisations and 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.
Course Duration

Full Time: 8 Months
Contact Hours: 42 hours/module

Part Time: 12 Months
Contact Hours: 36 hours/module

Course Intake

Full-Time: Every 2 Months
Part-Time: Every 3 Months

Mode of Delivery

Face to Face

Entry Requirement
Minimum Age
17 years or above

Minimum Academic Entry Requirement
  • Two passes in Singapore-Cambridge GCE A Level Examinations; OR
  • Higher NITEC; OR
  • Completion of equivalent high school qualification (12 years); OR
  • Pass in appropriate Foundation / Certificate programme; OR
  • Other similar qualifications; OR
  • Mature Entry Route (MER) Minimum age of 21 plus work experience (2 years min) will be assessed on a case-by-case basis.

Minimum English Language Entry Requirement
  • Achieved a grade C6 or better in English language O level; OR
  • Equivalent qualification e.g. IELTS 5.5/TOEFL 550; OR
  • LSBF PCE Advanced.
  • All international students for whom English is not their first language must provide evidence of their linguistic ability by achieving a minimum level of IELTS 5.5 or equivalent, prior to receiving an offer for the course.

Students, who have other qualifications, will be assessed on a case-by-case basis.
Module Outline

Cost Accounting
This module is the foundation to the understanding of the principles and concepts of Costing. Students will be taught the different principles, concepts, techniques, methods and systems of costing products and services. It also prepares the students for more advanced studies in Management Accounting.

International Business Management
This module promotes an integrative understanding of international business issues, particularly in relation to how new businesses are established. Students will develop a critical understanding of major trends and issues in international business, evaluate how global firms analyse their business environment and develop an understanding of multi-disciplinary management.

Principles of Accounting and Finance
This module introduces students to the foundation and understanding of the principles and concepts of Accounting. Students will be exposed to the application of these accounting concepts in the preparation of financial statements for use by individuals, businesses, non-profit organisations and government institutions. Students will also be developing expertise in using these accounting principles and concepts in their analytical approach to financial problem-solving.

Principles of Banking and Finance
The study of the Principles of Banking and Finance is to equip students with the working knowledge of the characteristics and roles of banks and other financial institutions. The regulation of financial institutions, the risks in banking and the main methods used for risk management is discussed. The Module also exposes the students to the Forex and Derivatives markets and the future of financial transactions.

Principles of Economics
The module is an introduction to basic economic principles and concepts and how they apply to the business environment. It introduces students to the global economy and reviews both the national and the global market. It establishes the framework for future courses by providing students with an overview of fundamental micro and macroeconomic concepts.

Principles of Information System
This module will introduce students to the concepts and methods of business information technology and its application to practical business situations. The goal is to help students to learn how to use and manage information technologies, conduct electronic commerce, improve decision-making, and gain competitive advantage in the marketplace. It therefore emphasizes on the role of Internet technologies as a technology platform for electronic business, commerce, and collaboration within and among corporations.

Principles of Management
The aim of this module is to provide students with an introduction to the principles and practices of management. Students will learn how to examine the nature of managerial work including strategy, operations and project management, control, ethics, structures and culture, organisational power, groups and teams, individual performance and stress, social responsibility and change management.

Quantitative Methods
This course introduces the basic concept of quantitative approaches to decision making. It introduces students to basic concepts of and methods of qualitative methods used by Management. Enables students to understand how to collate and present data, and apply a range of statistical and operations research techniques.

Attendance Requirements

International Students: 90%
Local, PR, non-student pass: 75%

Assessment Requirements

A: Assessment Outline
Assignment/Class test :   50%
Final Exam:                    50%                                     
Total:                            100%

B: Assessments Profile
i. In-course Assessment: (50%)
  • Assessment guidance will be given in the first session of the module, with any relevant documentation distributed to the students.
  • The In-Course Assessment content will be aligned to the module’s learning objectives and the form can represent any type of assessment. The assessment selected for the module will be the method most conducive to enhancing student learning and maintaining standards.

ii. Final Examination: (50%)
  • Assessment guidance will be given in the first session of the module, with any relevant documentation distributed to the students.
  • The Lecturer will conduct a revision for the examination to provide the student an opportunity to focus on the primary learning objectives and to answer any remaining questions from the students
  • Students are required to sit for the examination to successfully complete the module.
Certificate Awarded

Graduating students will be awarded with a Diploma in Accounting and Finance by London School of Business & Finance in Singapore upon successful completion of the programme and a pass for all modules.

Course Fee

   Local Student
   Part / Full time: S$5,750 (inclusive of GST)

SDF Funding Available: http://www.lsbf.edu.sg/students/financial-assistance/

International Student
Full time: S$7,500 (inclusive of GST)

Teacher-Student Ratio

1 Teacher: 80 Students

Education Pathway

Upon completing the Advanced Accounting and Finance course, student can pursue their to Degree qualification at the following universities:

University of Canterbury (UC)

  • View the articulation here


Victoria University (VU)

  • View the articulation here
Career Pathway

Graduates can seek career opportunities starting Administrative Assistant levels as accounting technician, audit assistant, tax assistant, costing assistant in professional firms and organizations.

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