Diploma in Accounting and Finance (Mandarin)

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.

Diploma in Accounting and Finance

Key Facts

  • Duration: 8 months (full-time), 12 months (part-time)
  • Intake dates: Start every two months (full-time), every three months (part-time)
  • Delivery Mode:
    • Live Online
    • Blended
  • Fees: Ask your student advisor
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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.

The credits gained by achieving the Diploma in Accounting and Finance may enable progression to a suitable Advanced Diploma in Accounting and Finance, and the skills learned equip students for entry to a career in industry.

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. 

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.

Working adults (first language is mandarin) who would like to explore the study of Accounting & Finance world in part-time study basis; The Diploma in Accounting and Financemay lead to an Advanced Diploma in Accounting Finance, or to employment in a role requiring some personal responsibility but within a mainly supervised context.

This course consists of eight modules:

  • Principles of Accounting & Finance
  • Cost Accounting
  • International Business Management
  • Principles of Banking and Finance
  • Principles of Economics
  • Principles of Information Systems
  • Principles of Management
  • Quantitative Methods

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 course 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 course 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.

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 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 Certificate in Accounting and Finance (Mandarin).

 

Mode Lecture/Tutorial/Seminars/Workshops StudentIndependent  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.

STP holders: 90%

Non-STP holders: 75%

  • Aged 18 years old and above

 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.

Modules

On successful completion of this unit, students should 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.

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

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
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

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
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
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
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

 

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Contact a programme advisor by calling
+65 6580 7700

 

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