Higher Diploma in Business Studies

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.

Programme Aims

The aim of the Higher Diploma in Business Studies is to give students the best possible preparation for a successful career in one of a wide range of industries. Graduates of the course will be able to demonstrate a sound knowledge of the basic underlying academic concepts and principles associated with the broader discipline of Management. Holders of the Higher Diploma will be able to demonstrate detailed knowledge and critical understanding of the major theories in business and management, and of the way in which those theories have developed

The Higher Diploma in Business Studies aims to provide students with:

  • The ability to present, evaluate and interpret qualitative and quantitative data.
  • The ability to develop lines of argument and make sound judgements in accordance with basic theories and concepts of their subject area, and the ability to communicate these accurately to a range of peers.
  • The ability to apply underlying concepts and principles of business and management in an employment context
  • Knowledge of the main methods of enquiry in the academic study of Business Studies and management
  • An understanding of the limits of their knowledge, and how this influences analyses and interpretations based on that knowledge.
  • A range of personal and professional skills that can be used in a wide range of situations and contexts. 
Learning Outcomes

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
  • Apply theory to the solution of familiar and unfamiliar problems within the organisation
  • Interpret financial data and carry out statistical and financial analysis
  • 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
Mode of Delivery

Lectures, Tutorial, Seminars, Workshops, Case Study and Exercises,Group work project and presentations, Computer Exercise, Class Discussion

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
Intake falls inJanuary, March,May, July, September, November 

Entry Requirement

Minimum Age: 18

Local students shall possess one of the following:

  • At least two passes in GCE ‘A’ Level
  • International Baccalaureate (24 points)
  • Local Polytechnic Diploma in any field
     

International students shall possess one of the following:

  • Completion of Year 12 High School Qualification or equivalent qualification from respective home countries
  • Completed International Baccalaureate (24 points)
  • Equivalent Local Polytechnic Diploma in any field in respective home countries
     

AND

Both local and international students MUST fulfil the minimum English language entry requirement of one of the following (except Mandarin programmes):

  • Achieved grade C6 or better in English language in GCE O level;
  • Pass in English Language in Year 10 High School qualification or equivalent;
  • IELTS 5.5/TOEFL 550;
  • Completed LSBF Preparatory Course in English Upper Intermediate Level;
     

Students with non-standard entry requirements (e.g. other PEI qualification, lack of equivalent Year 12 in home country, etc) will be assessed on a case by case basis subject to approval of the Academic Board.

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

Attendance requirements

STP holders: 90%
Non-STP holders: 75%

Assessment, Graduation and Awards

Assessments Profile

  • Assignment/Class test: 50%
  • Final Exam: 50%

Student must achieve an overall passing grade of 40%.  If students fail to achieve an overall passing grade of 40%, students will be permitted one retake attempt in each failed assessment and failure of this retake will require students to re-module the failed module(s) again in full prior to additional retake attempt.

Graduation and Awards
Students must complete and pass all required modules in this course to receive a Higher Diplomain Business Studies certification.

Students who are for any reason unable to complete the Higher Diploma and who have successfully passed a minimum of 8 modules are eligible for an Exit Award of a Diploma in Business Studies.

Teacher-Student Ratio

1 Teacher: 80 Students

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