OVERVIEW
About This Programme
The Higher Diploma in Accounting & Finance 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 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.
Graduates of the Higher Diploma in Accounting & Finance may wish to progress further in their studies and will be equipped to join a level six (Honours degree) qualification in Accounting. 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.
Bilingual programme
18 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 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, apply and range of statistical and operations research techniques.
Principles of Accounting & 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, business, 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 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.
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 Information Systems
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.
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.
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. It discussed the regulation of financial institutions, the risks in banking and the main methods used for risk management. It also exposes the students to the Forex and Derivatives markets and the future of Money.
Business Law
This module will provide students with the general knowledge and understanding of the fundamentals of business law in Singapore. It covers major topics discussed in business law courses providing clear examples and simplified cases. The module contains many practical points and common clauses when drafting a contract.
Strategic Management
This module introduces the student to the theory and practice of strategic management, and the holistic way in which it draws upon a wide variety of managerial functions in its creation. It will provide students with an understanding of the key concepts, theories and process integral to the strategic management of organisations.
Professional Practice
This module aims to develop students’ knowledge and understanding of aspects of accounting and auditing represented in professional practice in public accounting firms. Specifically the module aims to provide students with an understanding of ethical reasoning as applied to issues in professional practice and business. Develop awareness of aspects of the development of the accounting profession.
Management Accounting
The primary aim is to extend students’ understanding of the theories, techniques and practices of management and cost accounting. This module will familiarise students with both the theoretical role and purposes of management accounting and with all the major aspects of management accounting practice and will enable them to better understand the various techniques, and issues surrounding them, by which accountants provide useful information to assist managers with the activities of planning, controlling, decision-making and performance measurement and management within organisations.
Financial Accounting
This module further develops students understanding of the principles and practices of financial accounting, so that they can appreciate the contribution it makes to the effective operation of a business. The module provides students with the knowledge and skills to help them apply current accounting standards and critically appraise the underlying concepts and financial reporting methods. Provides an introduction to Corporate Governance.
Corporate Finance
The study of Corporate Finance is to equip students with a working knowledge of the financial environment. Students will learn the tools and concepts needed for making financial decisions. The course addresses the three main areas of Corporate Finance, namely, what long-term investments a corporation should take on; how should it finance its investments; and how should a corporation manage its everyday financial activities.
Taxation
The module will cover the Singapore Income Tax System as it applies to individual employees, investment income and business income. The module is structured to provide an excellent foundation in the core areas of tax likely to be encountered during the initial phase of tax experience and to prepare students for more advanced study in Taxation.
Auditing
Students will learn about the Regulatory Framework for the professional assurances services profession; the Professional Code of Ethics and Conduct for accountants, the auditing process which includes audit planning, review of internal control systems, compliance testing and substantive testing and finally reporting.
Full progamme structure & learning outcomes
Get details and learn about the advantages of learning with LSBF.
what to expect
Prepare for a Career in Accounting and Finance
Programme Aims
- 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
- The ability to present, evaluate and interpret qualitative and quantitative data
- To develop students’ competence and practical skills in accounting and finance
- To lay the foundation for future pathway and continuing professional development
- To provide students with the relevant knowledge and understanding of accounting and finance as it relates to the wider business context
- The 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
- 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
- Support and guidance to develop as independent learners and acquire a range of transferable skills
Learning Outcomes
Graduates of the Higher Diploma in Accounting & Finance should be able to understand and apply, within the employment context, basic theories and concepts from the following generic management areas:
- Finance
- Accounting
- Management
- Economics
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
- 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 relevant accounting and finance knowledge and understanding of organisations, the external environment in which they operate and how they are managed
- 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 ethical and regulatory requirements and issues
- 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
In addition, holders of the Higher Diploma in Accounting & Finance should have:
- Acquired a range of personal and professional skills that can be used in a wide range of situations and contexts
- Gained the qualities and transferable skills necessary for employment requiring the exercise of personal responsibility and decision-making
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 Higher 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 8 modules are eligible for an Exit Award of a Diploma in Accounting and Finance (Mandarin).
attendance requirements
STP holders: 90%
Non-STP holders: 75%
Teacher Student Ratio
1:80
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
Minimum age requirements
- Aged 18 years old and above
Minimum Language Entry Requirement:
Students must achieve a Pass in Mandarin Language in Year 11 Higher School qualification or equivalent.
Local students
- At least two passes in GCE ‘A’ Level
- International Baccalaureate (24 points)
- Local Polytechnic Diploma in any field
International students
- Completion of year 12 Higher 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
Exemptions
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.
TUTION FEES
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