Higher Diploma in Business Studies

Full Time Study Mode

The Higher Diploma in Business Studies has been developed by London School of Business and Finance as a qualification for students aiming for a career in one of a wide range of industries, and/or for students aiming for a Higher Education qualification in a subject allied to Business and Management.

Throughout the course, students are fully supported and their development is checked frequently by progress assessments. Student performance and satisfaction is monitored to ensure that the course meets students’ academic and personal development needs; and industry contacts ensure that the programme is relevant and suitable for the demands of a career in the industry.

Graduates of the Higher Diploma in Business Studies may wish to progress further in their studies and will be equipped to join a level six (Honours degree) qualification in Business Studies or Management. Graduates wishing instead to enter employment at this stage will be suited to roles that require effective, autonomous action and the exercise of personal responsibility and decision-making skills.

Who is the course for?

This course is best suited for students who desire to pursue a career in the Business industry or a bachelor degree in the same field.

Learning Outcome

At the end of this course, students will:

  • 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
  • Demonstrate relevant knowledge and understanding of organisations, the external environment in which they operate and how they are managed
  • Apply theory to the solution of familiar and unfamiliar problems within the organisation
  • Demonstrate proficiency in quantitative methods and computing techniques and know how to use these techniques and methods effectively across a range of problems
  • Interpret financial data and carry out statistical and financial analysis
  • Demonstrate understanding of economic concepts and principles
  • Demonstrate understanding of economic theory and modelling approaches, and their competent use
  • Demonstrate effective use of communication and information technology for business applications
  • Demonstrate interpersonal skills of effective listening, negotiating, persuasion and presentation
  • Effectively communicate information, arguments and analysis in a variety of forms to specialist and non-specialist audiences, including use of a range of media which are widely used in business such as the preparation and presentation of business reports
  • Demonstrate cognitive skills of critical thinking, analysis and synthesis
  • Demonstrate effective problem solving and decision making using appropriate quantitative and qualitative skills including identifying, formulating and solving business problems
  • Take and demonstrate responsibility for their own learning and continuing personal and professional development
  • Undertake further training, develop existing skills and acquire new competences that will enable them to assume significant responsibility within organisations
Course Duration

Full Time course:
18 Months
Students attend 3 hours a day per day plus directed/independent study for a period of 18 months from Monday to Friday.

Course Intake

Full-Time: Every 2 Months / Modular

Entry Requirement

Minimum Age
At least 17 years old

Minimum Academic Entry Requirement

  • Two passes in GCE A Level Examinations; OR
  • Higher NITEC; OR
  • Completion or equivalent High School qualification (12 years); OR
  • Pass in appropriate Foundation/Certificate programme; OR
  • Other appropriate qualifications; OR
  • Mature Entry Route (MER) Minimum age of 21 plus work experience (2 years minimum) will be assessed on a case-by-case basis

Minimum English Language Entry Requirement

Applicants must have ANY of the following:

  • Achieved a Grade C6 or better in the English Language at the Singapore GCE ‘O’ levels;OR
  • IELTS 5.5/TOEFL 550; OR
  • LSBF PCE Advanced.


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

Course Fee

Local Student
Full time: $12,500 (inclusive of GST)

International Student
Full time:$15,200 (inclusive of GST)

Attendance requirements

STP holders

Non-STP holders

Assessment requirements

Assignment/Class test:

Final Exam:

Module Outline

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 and 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 interprete, identify and define the appropriate quantitative methods to solve business-related problems and determine a set of alternative solution as well as apply the principles and rules of probability and handle a range of financial calculations

Principles of Accounting
This module describes to students 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 as well as perform simple financial decision-making.

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 competitor, discuss the impact of economic policies on business and the business environment as wekk as critically review the global trading and financial systems and perform simple financial ratio analysis.

Principles of Information Systems
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 as well as 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

International Business Management
On successful completion of this unit, students should be able to evaluate concepts and techniques in the multi-disciplinary international business issue, 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 as well as apply the relevant policies to suggest solutions to multi-faceted business problems and issues

Business Communication
On successful completion of this unit, students should be able to have the ability to clearly and logically express themselves in both oral and written format, design and deliver a well-structured presentation, including the use of slides, explain the issues involved in communicating in teams. comprehend the challenges faced with communication in multicultural settings, discuss the changes in business communication and possible future issues and develop academic skills for reports and projects with regards to referencing and plagiarism. This course will involve the student in the diverse aspects of business communication theories and practices, and provide instruction in understanding basic principles and the importance of appropriate and professional business communication. The Purpose is to enable students to communicate effectively in business settings, including effective presentation skills.

Principles of Marketing
On successful completion of this unit, students should be able to demonstrate an awareness of marketing concepts and tools, comprehend how to apply marketing theory to actual situations, demonstrate how to apply the key elements of the marketing mix to products and services, show understanding of the evaluation and selection of consumer and business target markets, understand the importance of steps in marketing research and develop an analytical approach to dealing with marketing communications.

Strategic Management
At the end of this module students should be able to describe the strategy process and provide a critical evaluation of different approaches to strategy, critically evaluate the business models of various organizations and discuss the appropriateness of their approaches to strategy, distinguish between external and internal analysis and how they are used in the strategy process, evaluate a range of strategies at the business, corporate and global level, critically evaluate the main factors and requirements for the successful implementation of new strategies, innovation and change as well as select and apply appropriate strategic management tools and techniques to analysis business problems and issues and be able to evaluate the implications from such an application

Human Resource Management
On successful completion of this unit, students should be able to explain why human resource management is a vital part of international organisational success, assess the main theoretical frameworks used in HRM, evaluate broad activities of HRM, such as resourcing, reward, performance management, training, development and employee relations, describe and evaluate the policies and practices of key areas of HRM that are available to HR managers, assess the role of employee involvement and participation in motivating and empowering employees, evaluate the external and internal factors, which potentially have an impact on HRM as well as explain the international and comparative aspects of HRM

Operations Management
At the end of this Module, students will be able to explain the function of operations in organisations, describe the way operations contribute to organisational competitiveness and strategic direction, identify information needed to establish and implement effective operational decisions with particular reference to change management, evaluate both the concepts of operations strategies and also the issues raised with implementation in a fast changing environment and describe and evaluate the importance of people in the change management process

Financial and Management Accounting
On successful completion of the module, students will be able to develop a greater knowledge and understanding of accounting concepts and practises used in preparing financial statements, record and summarise accounting data, and prepare basic financial statements, use of accounting information to assist in the management decision making process, appreciate, evaluate, apply and discuss concepts in management accounting relating to costing, planning and budgeting, explain and use principles of relevant costing, decision making, investment appraisal, standard costing, variance analysis and pricing

Organisational Theory and Behaviour
On successful completion of the module, students will be able to appreciate core themes of current debates in organisational theory and behaviour, explain the base of individual behaviour and interpretation, analyse group and team dynamics and develop adequate operational theories, explain and discuss the interplay of organisation structure, culture, theory and politics, discuss intra-organisational and inter-organisational issues

Business Law
On successful completion of this unit, students should be able to understand and appreciate the fundamentals of business law as applied in Singapore, know the context of Contract Law, Law of Sale of Goods, and Company Law relating to business organization, and the Singapore Code of Corporate Governance, know the context of the Employment Law, Law of Agency, and Intellectual Property law and critically analyse and evaluate simple legal arguments

Project Management
On successful completion of the module, students will be able to describe and explain the nature of projects, type of projects and why project management is important, apply project management ideas and techniques, identify and evaluate the roles with a project team and sources of conflict, identify and evaluate the stages within a project and discuss issues relating to planning and control of projects

International Marketing
At the end of this module, students will be able to critically analyse the models of marketing in an international context, critically assess the steps in the international marketing process, analyse in detail the environments of international marketing, the impact of culture, the assessment of international market opportunities, the difficulties in international market research and the international marketing mix. Students will also be able to critically analyse the range of skills necessary to develop a marketing strategy for international markets and evaluate international marketing problems by applying insights into strategic and operational decision-making

Teacher-Student Ratio

1 Teacher: 80 Students

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