Diploma in fINANCial services

OBJECTIVE

This course provides students with a strong foundation understanding of a broad-based business and financial services industry. Students will also acquire specialized knowledge in essential business functions of accounting, finance and taxation. This will place them in good stead for flexible career options and further educational advancement.

 

Admission Requirements

Academic:

  • Student must have minimum age of 17 years old with min 3 GCE 'O' Level passes, SPM or equivalent
  • Mature applicants of 25 years of age with minimum of 2 years of working experience
  • Other qualifications will be evaluated on a case-by-case basis

English Requirements:

If English is not your first language you are also required to provide evidence of your English language skills as listed below.

  • Min. English IELTS 5.5 or equivalent
  • Other qualifications will be evaluated on a case-by-case basis

Duration
24 Months (Full Time)
48 Months (Part Time)

Intakes
September

 
Certificate Awarding Body
 
This diploma is awarded by Chartered Institute of Technology.
 
Name of Award
 
Diploma in Financial Services.
 
Course Structure

Year 1 Stage 1

Module Code

Module Name

Hours

AFPA111

Principles of Accounting I

60

COMM211

Business Communication I

60

ICIT101

Information Technology - Concepts

60


Year 1 Stage 2

Module Code

Module Name

Hours

ECMI221

Principles of Microeconomics

60

COMM221

Business Communication II

60

AFPA121

Principles of Accounting II

60


Year 1 Stage 3

Module Code

Module Name

Hours

ECMA211

Principles of Macroeconomics

60

MGNT321

Principles of Management

60

AFMC215

Managerial Accounting

60


Year 2 Stage 4

Module Code

Module Name

Hours

MTPL311

Marketing Fundamentals

60

AFFA331

Financial Accounting I

60

MGNT351

Customer Relationship Management

60


Year 2 Stage 5

Module Code

Module Name

Hours

AFMT331

Financial Markets

60

AFIF332

International Finance

60

ICEM221

Essentials of E-Business

60


Year 2 Stage 6

Module Code

Module Name

Hours

AFFM332

Risk Management

60

LABL313

Business Law

60

AFPL311

Financial Planning

60

 
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Modules Synopsis

 
AFPA111 Principles of Accounting I

The module provides students with an understanding of the concepts and principles of maintaining financial records, the use of double-entry accounting techniques, and the preparation of basic financial statements.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


COMM211 Business Communication I

You will learn the common terms used in the business world. Various exercises will be given, requiring you to apply the terms learnt to the business context. This would help to build a basic foundation for the next module, Business Communication II. It would also equip you with the vocabulary to understand and learn the other business courses more easily.

Class Participation - 10%
Continuous Assessment 1 - 20%
Continuous Assessment 2 - 20%
Final Written Examination - 50%
Total Assessments - 100%


ICIT101 Information Technology - Concepts

This module introduces to students about the basic computer concepts with emphasis on the personal computer and its practical use, including hardware, application and system software, the Internet and World Wide Web. It is designed to provide students with an understanding of what are the current computer applications, network and technology in the market.

Class Participation - 10%
Continuous Assessment 1 - 20%
Continuous Assessment 2 - 20%
Final Written Examination - 50%
Total Assessments - 100%


ECMI221 Principles of Microeconomics

This module provides the student with the underlying concepts, theories, and examples for market structures, product pricing, resource pricing, behaviour and the organization of industry, current economic problems and an introduction to international economics.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


COMM221 Business Communication II

You will learn to thrive in todayís fast-paced business environment. In the context of solving realistic business case problems, you will learn how to deliver a wide range of business documents, e-mails, and oral presentations. In the process, you will use technology to communicate effectively, address the needs of diverse audiences, and consider the ethical implications of your communication practices.

Continuous Assessment 1 - 45%
Continuous Assessment 2 - 30%
Final Project and Presentation - 25%
Total Assessments - 100%


AFPA121 Principles of Accounting II

This course provides the student with the underlying concepts, theories, and procedures on accounting for cash, trade and notes receivable and payable, merchandise inventories, accounting for different types of business, statement of cash flow etc.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


ECMA211 Principles of Macroeconomics

This module primarily deals with the economic context of business and how competition, the behaviour of financial markets, and government economic policy can influence an organisation.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


MGNT321 Principles of Management

In this module, it provides studentís understanding of the underpinning systems of organization and management, and the ways these can evolve in progressive organisations.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Project and Presentation - 50%
Total Assessments - 100%


AFMC215 Managerial Accounting

This module deals with the basic techniques for the identification and control of costs and cost management. It introduces the context of management accounting in commercial and public sector bodies and its wider role in society. It identifies the position of the management accountant within organizations and the role of management accountants.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


MTPL311 Marketing Fundamentals

In this module, the students will learn the development of marketing and its changing role within a variety of organisations. It also provides students with an awareness and consideration of the various tools of the marketer and an evaluation of their strengths and weaknesses. This course also ensures students are able to recognise the impact achievable through modifying the marketing mix for (re)positioning the product and service offerings. This course also introduces students to the importance of planning in the management of the marketing activity.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Project and Presentation - 50%
Total Assessments - 100%


AFFA331 Financial Accounting I

This module covers the preparation of the full financial statements for a single company. Coverage of a wide range of international standards is implicit in the objectives of this module, as specified in the course outline.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


MGNT351 Customer Relationship Management

This module introduces the basic concept of customer relationship management and its strategic importance in todayís business environment. It also discusses the various tools commonly employed by organisations to manage customer data, develop customer loyalty and improve customer profitability.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


AFMT331 Financial Markets

This module provides a basic understanding of key financial markets such as equity market, bond market, money market, foreign exchange market and derivatives market. Module also covers the features of various financial instruments and their usefulness.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


AFIF332 International Finance

This subject is a theoretical and practical analysis of International Financial Management. It builds upon the key ideas that are taught throughout the traditional finance curriculum, explaining how financial concepts such as foreign exchange are applied in a global setting.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


ICEM221 Essentials of E-Business

This module provides students with a comprehensive understanding of e-business entrepreneurship. Students will learn information related to the following topics: assessing entrepreneurial abilities, defining the entrepreneurial process, recognizing the characteristics of e-business and the role e-business plays in the global economy, identifying various e-business models, developing new e-business ideas, creating a business plan, securing startup financing, facing various startup challenges including hiring key staff and selecting technologies, marketing an e-business and its products or services, developing an e-business Web site, and securing an e-businessís assets from various internal and external threats.

Continuous Assessment 1 - 20%
Continuous Assessment 2 - 30%
Final Written Examination - 50%
Total Assessments - 100%


AFFM332 Risk Management

This module provides a basic understanding of the services provided by securities firms and investment banks. The module will discuss the concepts of Mutual Fund & Hedge Fund, and examine the types of risks incurred by financial institutions which include the management of credit risk, liquidity risk, and interest Rate risk and risk off the Balance Sheet.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


LABL313 Business Law

This module introduces students the legal framework for business and provide the underpinning framework for commercial activity. It includes the areas of contract law, employment law, financing, administration and management of companies. The globalisation of business is recognised by the inclusion of alternative legal systems, as well as the English legal system. Judicial precedent is included in relation to professional negligence. Wherever business is conducted, the highest professional standards must be demonstrated for the benefit of all stakeholders. With this in mind, the place of ethics and ethical conflict is considered, as well as the role of corporate governance and its increasing impact in the management of organisations.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


AFPL311 Financial Planning

This module introduces the students to the principles and current practices of personal financial planning. It provides an overview of risk management, insurance planning, tax planning, retirement planning, estate planning and credit management.

Continuous Assessment 1 - 25%
Continuous Assessment 2 - 25%
Final Written Examination - 50%
Total Assessments - 100%


 
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Mode of Assessment
 
Each module is assessed by academic work comprising of a mixed of assignments, tests, presentation, projects and final written examination as determined by the course outline. The assessment criterion varies from module to module.
 
Learning and Teaching Strategies
 
Every modules are delivered via lectures, PowerPoint presentations, tutorials, and individual assistance as required.
 
Our courses are generally conducted on a modular basis.
 
Graduation Requirements
 
On successful completion of the Diploma program, students will be able to receive a certificate in Diploma in their respective area of course. This certificate is awarded by Chartered Institute of Technology.
 
Student must achieve an overall mark score of minimum 50% for all the modules in order to graduate with the respective award.
 
The grades for awards of respective course are as follows:
No. Marks Grade Grade Description
1. 80% and above A Very Good
2. 70% to 79% B Credit
3. 60% to 69% C Good Pass
4. 50% to 59% D Pass
5. 0% to 49% F Fail
6. 50% P Re-sit Pass
 
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