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.


Career Opportunities

CITECH's Diploma in Financial Servicesgives you a career in multi-national companies and organizations. Graduates can work as:

  • Financial Specialist
  • Accounts Executive
  • Risk Management Executive

Who Can Apply?

Academic:

  • Student must have minimum age of 17 years old with GCE 'O' Level, 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
2 Years (Full Time)

Intakes
March, May, August

Course Schedules
March 2011 - March 2012
May 2010 - May 2011
August 2010 - August 2011

 
Certificate Awarding Body

This diploma is awarded by Chartered Institute of Technology.


Course Structure

Year 1 Stage 1

Module Code

Module Name

AFPA 111

Principles of Accounting I

COMM 211

Business Communication I

ICIT 101

Information Technology – Concepts


Year 1 Stage 2

Module Code

Module Name

ECMI 221

Principles of Microeconomics

COMM 221

Business Communication II

MGNT 321

Principles of Management


Year 1 Stage 3

Module Code

Module Name

ECMA 211

Principles of Macroeconomics

ICEM 221

Essentials of E-Business

AFMC 215

Managerial Accounting


Year 2 Stage 4

Module Code

Module Name

MTPL 311

Marketing Fundamentals

AFFA 331

Financial Accounting I

MGNT 351

Customer Relationship Management


Year 2 Stage 5

Module Code

Module Name

AFMT 331

Financial Markets

AFPL 311

Financial Planning

MGNT 361

Investment Management


Year 2 Stage 6

Module Code

Module Name

MGNT 371

Risk Management

LABL 313

Business Law

AFST 321

Financial Strategy

 
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Modules


AFPA 111 PRINCIPLES OF ACCOUNTING I
Level: Diploma
Year: 1
Stage: 1
  • This introductory module provides students with an understanding of the basic concepts and principles of accounting.  The main topics include double-entry book-keeping, the accounting process, preparation of financial statements, measuring profits, special journals, cash and internal controls.

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COMM 211 Business Communication I
Level: Diploma
Year: 1
Stage: 1
  • In this course, you will learn to thrive in today’s 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.

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ICIT 101 Information Technology - Concepts
Level: Diploma
Year: 1
Stage: 1
  • To ground students in fundamental knowledge of business computing and information concepts
  • To provide students with an introduction to microcomputer hardware and commercial software applications

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ECMI 221 PRINCIPLES OF MICROECONOMICS
Level: Diploma
Year: 1
Stage: 2
  • This course provides the student with the underlying concepts, theories, and examples for market structures, product pricing, resource pricing, behavior and the organization of industry, current economic problems and an introduction to international economics.

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COMM 221 Business Communication II
Level: Diploma
Year: 1
Stage: 2
  • In this course, you will learn to thrive in today’s 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.

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MGNT 321 PRINCIPLES OF MANAGEMENT
Level: Diploma
Year: 1
Stage: 2
  • To develop the student’s understanding of the underpinning systems of organization and management, and the ways these can evolve in progressive organisations.

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ECMA 211 Principles of macroeconomics
Level: Diploma
Year: 1
Stage: 3
  • Examine the ten principles of economics and the interdependence and the gains from trade. How market works: the market forces of supply and demand.
  • The data of macroeconomics: how to measure a nation's income and cost of living.
  • Production and Growth, Saving, Investment, and the Financial System.
    The Basic Tools of Finance, Unemployment and Its Natural Rate, The monetary system and the prices.
  • The macroeconomics of open economy, Basic Concepts: A Macroeconomic Theory of the Open Economy.
  • Economic Fluctuations: Aggregate Demand and Aggregate Supply, The Influence of Monetary and Fiscal Policy on Aggregate Demand, The Short-Run Tradeoff between Inflation and Unemployment.
  • Debates over Macroeconomic Policy.

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ICEM 221 Essentials of E-Business
Level: Diploma
Year: 1
Stage: 3

  • To provide students with a comprehensive understanding of e-business entrepreneurship

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AFMC 215 Managerial Accounting
Level: Diploma
Year: 1
Stage: 3
Pre-requisites: AFPA121

  • This course provides the student with the underlying concepts, theories, and procedures on accounting for cash, trade and notes receivable and payable, merchandise inventories, payroll etc.

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MTPL 311 MARKETING FUNDAMENTALS
Level: Diploma
Year: 2
Stage: 4
  • To provide students with an appreciation of the development of marketing and its changing
    role within a variety of organisations.
  • To provide students with an awareness and consideration of the various tools of the marketer and an evaluation of their strengths and weaknesses.
  • To ensure students are able to recognise the impact achievable through modifying the marketing mix for (re)positioning the product and service offerings.
  • To introduce students to the importance of planning in the management of the marketing activity.
  • To develop an awareness and understanding of the impact of information technology on the marketing mix decisions.
  • To enable students to realise the importance of customers and their behaviour relating to marketing decisions.

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AFFA 331 Financial Accounting I
Level: Diploma
Year: 2
Stage: 4
Pre-requisites: AFPA121

  • The objective of the course is to introduce the language of business and to train you in the analysis of financial statements. Accounting attempts to measure and report corporate performance. Users demand the performance measure in a variety of decisions they make. For example,
    • Managers use accounting information in making investment decisions;
    • Investors use accounting information in valuing stocks;
    • Bankers rely on accounting information in deciding whether to lend money to a business and in assessing the risk of the loan; and
    • Accounting information is crucial in evaluating the performance of employees at various levels in an organization
  • In making all of these decisions, an interdisciplinary understanding of the entire business is necessary. Toward this end, the course also introduces concepts from finance and economics (e.g., cash flow discounting, risk, valuation, and criteria for choosing among alternative investments) throughout the course, which will enable students to place accounting in the context of a business.

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MGNT 351 Customer relationship management
Level: Diploma
Year: 2
Stage: 4
  • Introduces the basic concept of customer relationship management and its strategic importance in today’s business environment. It also discusses the various tools commonly employed by organisations to manage customer data, develop customer loyalty and improve customer profitability.

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AFMT 331 FINANCIAL Markets
Level: Diploma
Year: 2
Semester: 5
  • 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.

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AFPL 311 financial planning
Level: Diploma
Year: 2
Stage: 5
  • 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.

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MGNT 361 investment MANAGEMENT
Level: Diploma
Year: 2
Stage: 5
  • Introduces the important topic of Time Value of Money using four approaches to reinforce the concept-interest tables, financial calculator keystrokes, and investment analysis.

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MGNT 371 Risk Management
Level: Diploma
Year: 2
Stage: 6
  • To achieve a sound appreciation of the theoretical and practical aspects of corporate governance, and to develop an understanding of the main theories and frameworks associated with the management of both financial and non-financial risk.

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LABL 313 BUSINESS LAW
Level: Diploma
Year: 2
Stage: 6
  • To equip the students with the ability of analyzing, creating and amending business contracts.
  • To identify the practical use of relevant business scenarios, the application of the law to
    different practical situations.
  • To allow students to apply their learning to analysing the legal prospects of various business scenarios.
  • To provide students with an understanding of the law relevant to the business organisation and its operations.
  • To provide students with an understanding of law relevant to personal property.

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AFST 321 financial strategy
Level: Diploma
Year: 2
Stage: 6
  • To develop an understanding of the role of financial strategy in the investment, finance and resource allocation decisions within an organisation.

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