Introduction
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Validated by: University of Cambridge International Examinations The main aim is to provide the students with the necessary theoretical knowledge and the practical aspects to meet career opportunities in the commercial, manufacturing, financial and service sectors of the economy. The TMC Higher Diploma in Business is equivalent to the first and second years of a degree programme and enables students to enter directly to the final year of a number of UK degrees, or to claim advanced standing when entering Australian or other degrees. Cambridge International Examinations validate the programme, providing quality assurance for the course structure, content, and assessment. The organization moderates the setting and marking of all the coursework. The Higher Diploma consists of a total of 12 modules of which 9 core and 3 subjects in specific areas of specialisation (except for accounting which has 4 units):
Core Modules Introduction to Management Operating in an environment of globalisation and knowledge management, an organization needs to be able to respond quickly to the changes so as to stay ahead of the competition. The task of managers has, therefore, shifted from a tight supervision and control of the work processes to that of empowering the individuals and teams to work together. Today’s managers perform the role of a coach and leader, guiding their ‘people’ towards achieving a common goal. The module will provide an opportunity for the students to analyse how management challenges have developed under the different conditions of the recent times. It will explore how management practices impact on and is shaped by the environment, through a consideration of globalization, ethics, social responsibility, and the social and cultural context of management. The module will cover management thought, the main principles of management, management skills, social responsibility and business ethics. Assessment: 100% (Coursework) Business Communication & ICT Business Communication is increasingly becoming an important aspect of a business organization today. The need to communicate effectively has already become a necessity than a choice for almost any type of business. This module introduces students to this increasing need to improve communication of business. It explores the implications of effective communication has for business environment and is examined by a series questions related to business. Information Technology has become the architect of change all across different kinds of business organizations. Progressively, information technology positively augments productivity and competitiveness of an organization, which in return cuts costs and improves profits and consumer satisfaction. This module points up strategic and operational implications of information and communications technology (ICT) as applied to business. It explores the impact of ICT as a tool for planning, managing, and marketing in many industries. Assessment: 40%/60% (Coursework/Examination) Accounting This module introduces students to the basic principles of Accounting and the procedures of applying of such principles in practice. Accounting is always described as a language of business. Indeed, sensible business decisions have to be based on relevant and reliable accounting information. Accounting information has long been regarded as one of the major source of decision making information. Studying accounting not only helps students to communicate effectively in the current business world, but also enables them in decision making within the limitation of such information. For students who wish to pursue their career in the accounting profession, this module will help pave the way for their further studies in other accounting related subjects. Assessment: 40%/60% (Coursework/Examination) Business Finance Business Finance deals with Financial mathematics, Risks & returns, Capital structure, Financial markets, Money markets, Currencies exchange markets and Techniques for decision-making and dividend policy. As business grows, there is a need for more funds and, hence, different types of financing have to be considered. How do these methods of financing affect the firm’s revenue, profitability and also its cost of capital? Today, firms have many financial choices available. These include listing the company, selling bonds, as well as borrowing from banks or obtaining credit from suppliers. It is, therefore, important to understand business finance, as well as the terms associated with it. Assessment: 100% Examination Marketing for Managers The Module will provide students with an introduction of marketing functions, basic elements of the marketing management process, and its key roles in a business’ operation. Students will be able to identify the importance of meeting market needs and wants in order to sustain and achieve global competitiveness. This course will also enable students to identify and solve many business problems by using a marketing perspective. Focus will be on product, pricing, promotion, and distribution strategies. Assessment: 100% Coursework Business Law This module introduces students to the basic principles of law, the principles of negligence and the law of contracts. As a student of business studies, every student is required to know the environment in which the business would operate. Indispensable among them would be the knowledge on the legal environment. Particularly, the knowledge on the principles of negligence, law relating to contracts and consumer protection are highly relevant for a businessman to be successful in his business. This module would help the students to mould their understanding of the other business principles in a legal environment. Assessment: 100% (Coursework) Business Economics Every business model has to operate as part of a big system known as the Macroeconomic Environment. It becomes logical on the part of the business managers to have an adequate understanding of the concepts underlying the economic environment in order to help them manage their businesses more effectively and efficiently. The module provides students with an understanding of international economics in general. Economics plays a very important role in the people’s daily life as well as in the development, survival and growth of a nation. A person is affected by the prices of goods and services, the economic situation, the job opportunity etc. Everyday, there is news of the number of people retrenched, the interest rate, the downturn of the property market or the stock market and so on. Especially, after the economic crisis, the information on the overall economic status becomes more crucial to businesses and individuals. It is, thus, important for students to understand the nature of economics and how that could be used to facilitate business decision-making as well as international and regional economics and in facilitating the business decision-making at national and regional levels. Students should also be aware that a given economic problem might have more than one solution. Assessment: 100% Coursework Statistical Techniques in Business This module covers intermediate statistical techniques that can be applied in various business disciplines, including marketing, management and economics. It makes use of examples drawn from these disciplines. The module will enable students to analyse, interpret and utilize information, and assist managers, investors and the like in decision-making. It is common knowledge that business and finance professionals now routinely use basic to intermediate statistical techniques in areas such as marketing, management, risk management, auditing and accounting. Because of good employment prospects, there is considerable interest among students in business faculties in many colleges and universities to learn more than just basic statistical techniques. Assessment: 100% Examination Business Strategy Business strategy is increasingly becoming a more important aspect of business management today, in terms of sustaining growth and increasing shareholder value. Current business growth trends of globalisation, internationalization and increasing M&A activities, underlie a renewed focus in the Strategic planning, and management process. This module introduces students to the key building blocks of Business Strategy through the strategic planning process. It also demonstrates the integration of the various new business skills acquired by the students in the other modules of the HDBS course. Of importance, this course enables students to gain a holistic understanding of the strategic and general management challenges in the Company’s business growth. Having an elementary overview of the Business Strategy course at this stage will provide an early learning platform to develop and instill business acumen. Assessment: 100% Coursework
Accounting Specialisation
Cost and Management Accounting Cost and Management Accounting deals with Costing techniques and Cost Accounting methods; Short-term and Long-term planning; and Budgeting & Budgetary Control. The module introduces students to the application of Costing and Management Accounting techniques used in planning, control and decision-making. It enables students to interpret and report upon the information obtained from the use of such techniques. Accounting is a language that communicates financial and non-financial information to people who have an interest in an organization. A Cost Accounting system accumulates financial information for stock valuation and profit measurement. A Management Accounting system accumulates, classifies and reports information that will assist managers in their decision-making, planning and control information. Assessment: 100% Examination Advanced Financial Accounting Advanced Financial Accounting is a specialisation module in the Higher Diploma in Accounting. The module helps to further develop students’ knowledge and capability in Accounting and Financial techniques and applications. The module aims to build on students existing knowledge and understanding of Financial Accounting and the various accounting concepts and conventions. This includes the issues and impact of the various methodologies used in reporting company profits and performance, and the guidance application of various accounting standards used in preparing financial statements. Assessment: 100% Examination Financial System The purpose of this module is to provide basic understanding of various Financial Systems, the segments and the main features of each System. It enables students to better understand the roles and functions of financial institutions, and to appreciate the wide range of economic and technological factors affecting portfolio risk and returns. The module provides an understanding of the overall view of the Financial System and the various constituents of the Financial System. Assessment: 100% Coursework Investment and Planning Techniques The module provides students with an understanding of numerical techniques relevant to finance and investment. Students will learn how to perform various financial calculations and interprete the results. The module also includes the use of differentiation techniques to solve managerial type problems, and solving network problems using relevant methods. The module aims to give the students a foundation for the use of a variety of optimising techniques used by the management. Assessment: 100% Coursework
Business Specialisation International Organizational Behaviour International Organizational Behaviour (OB) is increasingly becoming an important aspect of a business organization today. Organizations need growth to reach a critical mass of operation, and in the early phases of growth, they are not shacked by the immediate need for complicated structure and systems. But what is important at any phase is a firm’s development is the way staffs are managed. Leadership is always a critical factor, and this module provides a valuable starting point for discussing the importance of OB as a field of study for all managers and professionals. Organizational Behaviour (OB) is defined as a field of study that investigates the impact that individuals, groups, and structures have on behaviour within organizations, for the purpose of applying such knowledge toward improving an organization’s effectiveness. OB is concerned with the study of what people do in an organization, and how the behaviour affects the performance of the organization. It includes the topics of motivation, leader behaviour and power, interpersonal communication, group structure and process, learning, attitude development and perception, change processes, conflict, job design, and work stress. Assessment: 100% Coursework Marketing Communications & Research This module is increasingly becoming an important aspect of a marketing organization today. The need to conduct marketing research has already become a necessity than a choice for almost any type of business. This module introduces the student to the various communication tools and explores the implications of marketing communication for marketing decisions. Companies need to communicate effectively and efficiently with their target markets. Global organizations must first look at the macro-to micro marketing communications approach at the broader implications of advertising, and then at the more focused promotion tools that can be used to communicate with target audiences. Marketing communications and research theory will be aligned with contemporary marketing practices by the use of case studies. Assessment: 40%/60% (Coursework/Examination) Human Resource Management Strategy Human Resource Management Strategy module gives an overview of the major strategic and operational aspects of human resource management (HRM). The concept of HRM is explored with reference to the potential for HRM to contribute to organizational strategies. The development and implementation of HR strategies is discussed. An overview of the HR functional areas is provided, and the linkages between HR functions are considered. The module is designed to develop interpersonal skills required to function effectively within the organization. One of the most important shifts in the emphasis of HR management in the past few years has been the recognition of HR as a strategic business contributor. Organizations emphasise human resources because effective management of people in the organizations can contribute a competitive advantage, both domestically and abroad. The strategic role of HR management emphasizes that the people in an organization are valuable resources representing significant organizational investment. For HR to play a strategic role, it must focus on the longer-term implications of HR issues. Assessment: 100% Coursework
Human Resource Management Strategy Human Resource Management Strategy module gives an overview of the major strategic and operational aspects of human resource management (HRM). The concept of HRM is explored with reference to the potential for HRM to contribute to organizational strategies. The development and implementation of HR strategies is discussed. An overview of the HR functional areas is provided, and the linkages between HR functions are considered. The module is designed to develop interpersonal skills required to function effectively within the organization. One of the most important shifts in the emphasis of HR management in the past few years has been the recognition of HR as a strategic business contributor. Organizations emphasise human resources because effective management of people in the organizations can contribute a competitive advantage, both domestically and abroad. The strategic role of HR management emphasizes that the people in an organization are valuable resources representing significant organizational investment. For HR to play a strategic role, it must focus on the longer-term implications of HR issues. Assessment: 100% Coursework Developing People at Work It is often said that an organization is only as good as its people. Organizations of all types and sizes, including schools, retail stores, government agencies, restaurants, and manufacturers, have at least one thing in common that is they must employ competent and motivated workers. This need has become even stronger as organizations grapple with the challenges presented by a fast paced, highly dynamic, increasingly global economy. To compete and thrive, many organizations are including employee education, training and development as an important and effective part of their strategy. Human Resource Development (HRD), part of a larger human resource management system, includes training and development, career development and organizational development programs and processes. HRD managers and staff must establish working relationships with line managers in order to coordinate HRD programs and processes throughout the organization. To be effective, HRD professionals must be able to serve in a number of roles. These roles will help the HRD professional to meet the challenges facing organizations in the future. These challenges include changing workforce demographics, competing in a global economy, eliminating the skills gap, and meeting the need for lifelong learning and becoming a learning organization. Assessment: 100% Coursework International Human Resource Development International Human Resource Development takes off from the introductory module on Developing People at Work (DPW) and aims to enable learners to develop a critical analysis and appraisal of the essential cross-cultural issues, practices and frameworks which influence the development and implementation of HRD theories and practices across national boundaries. International HRD focuses on the development of the resources in a company. This field focuses on organizational development, performance management, training and learning and coaching for organizations operating globally or across national boundaries. Thus, learners are exposed to evaluating the performance of employees, helping employees learn and develop new skills and providing assistance on areas that require improvement. The module also trains learners to develop skills in diagnosing problems with how people can work together in a diversified and multicultural environment. Assessment: 40%/60% (Coursework/Examination)
International Business Specialisation
International Business International Business is increasingly becoming an important aspect of a business organization today. This module introduces students to this increasing international context of business and it explores the implications that external environment has upon business decision making. International Business has already become a necessity than a choice for a business organization. Unlike in the past, where international business studies were important only to companies involved in international trading and exports. Today, every business is part of the global environment. With the arrival of the Multinational, Transnational and global companies, every business has to compete with international players even in the home country. This makes it very important to understand how international companies take decisions and the effects of those decisions. Assessment: 40%/60% (Coursework/Examination) International Organizational Behaviour International Organizational Behaviour (OB) is increasingly becoming an important aspect of a business organization today. Organizations need growth to reach a critical mass of operation, and in the early phases of growth, they are not shacked by the immediate need for complicated structure and systems. But what is important at any phase is a firm’s development is the way staffs are managed. Leadership is always a critical factor, and this module provides a valuable starting point for discussing the importance of OB as a field of study for all managers and professionals. Organizational Behaviour (OB) is defined as a field of study that investigates the impact that individuals, groups, and structures have on behaviour within organizations, for the purpose of applying such knowledge toward improving an organization’s effectiveness. OB is concerned with the study of what people do in an organization, and how the behaviour affects the performance of the organization. It includes the topics of motivation, leader behaviour and power, interpersonal communication, group structure and process, learning, attitude development and perception, change processes, conflict, job design, and work stress. Assessment: 100% Coursework Human Resource Management Strategy Human Resource Management Strategy module gives an overview of the major strategic and operational aspects of human resource management (HRM). The concept of HRM is explored with reference to the potential for HRM to contribute to organizational strategies. The development and implementation of HR strategies is discussed. An overview of the HR functional areas is provided, and the linkages between HR functions are considered. The module is designed to develop interpersonal skills required to function effectively within the organization. One of the most important shifts in the emphasis of HR management in the past few years has been the recognition of HR as a strategic business contributor. Organizations emphasise human resources because effective management of people in the organizations can contribute a competitive advantage, both domestically and abroad. The strategic role of HR management emphasizes that the people in an organization are valuable resources representing significant organizational investment. For HR to play a strategic role, it must focus on the longer-term implications of HR issues. Assessment: 100% Coursework
Logistical Specialisation (to be launched)
Introduction to Business Logistics Introduction to Business Logistics deals with the Logistics in Supply Chain Management and its Technology Structure. It covers Logistics of Business, Customer Accommodation, Strategy in Market Distribution as well as Procurement and Manufacturing, Operational Integration, Information Networks and Advanced Planning in Supply Chain. Business logistics is one of the most recent fields of study in business administration. It is concerned with the physical movement and storage of raw materials and semi-finished or finished goods, as well as the managerial activities that are crucial for effective control. The managerial responsibilities encompass customer service, inventory, transportation, warehousing, packaging, material handling and network design. Thus an exposure to general management and control concepts relevant to logistics is important. Assessment: 100% Coursework Supply Chain Management Supply Chain Management deals more with the Operations and Network Design of the Supply Chain Management. It covers Management of Inventory, Transportation, Warehousing, Packaging and Materials Handling in the supply chain management. The Network Design used in the supply chain management includes Network Integration as well as Process and Techniques Design. Since early 1990’s, the field of supply chain management has become tremendously important to companies in the increasingly competitive global marketplace. In order to have an effective management and control, an understanding of how this field is applied in this 21st century is crucial. Assessment: 40%/60% (Coursework/Examination) Business to Consumer Logistics Business to Customer Logistics deals with the Concepts and Modeling of E-Supply Chain. It covers the Procedure for Modeling and Improving E-Supply Chain Management Processes, Dynamic Transhipment in the Digital Age, Building and Managing Modern E-Services and Service Value Networks. New technology is creating new ways for organizations and customers to do business. The Internet offers a wide range of services and products designed to cater for the needs of each individuals at low cost, fast and convenient from home and office. Businesses have to change their attitude and approach in marketing and customer relations. Business to Customer Logistics is, thus, important to provide the strategies and procedures in responding to increasing customer aspirations. Assessment: 100% Coursework
International Marketing The module builds on the materials of the modules of marketing management and strategic management. It encompasses the global and international marketing strategies applicable within the various industries, and uses examples drawn from the businesses. One of the key issues is to develop students' understanding of the difference between international and domestic marketing. In the new operating environment, firms are increasingly linked to the international market place. Besides being subject to a wide range of macro-environmental factors, they also face competition from the global companies and multinational companies. As the domestic market reaches the mature stage, the firms will find it necessary to expand its activities beyond its domestic market. In the international market place, they will face different sets of constraints imposed on them by the different national rules and regulations. Assessment: 100% Coursework Consumer Behaviour The module intends to put forth the essence of consumer behaviour through behavioural concepts and models, and to show how an understanding of buyer consumption behaviour can complement marketers in implementing the marketing concept. Consumers are constantly changing in their attitude, belief, taste, perception, preferences, values and activities regardless of their age, sex, or socio-economic background. The marketer who does not stay abreast of these changes faces the risk of launching a product that will fail miserably in the market place. It is marketers' business to understand, predict and satisfy the needs and wants of consumers. Knowing what consumers are thinking and doing as well as identifying what they want are essential for the effective delivery of products and services to consumers. A successful marketing campaign is very much dependent on keeping in touch with the consumers’ attitudes and behaviour. This module introduces the notion of consumer behaviour as an interdisciplinary science that investigates the decision-making activities of individuals in their consumption roles and activities. Assessment: 100% Coursework Marketing Communications & Research This module is increasingly becoming an important aspect of a marketing organization today. The need to conduct marketing research has already become a necessity than a choice for almost any type of business. This module introduces the student to the various communication tools and explores the implications of marketing communication for marketing decisions. Companies need to communicate effectively and efficiently with their target markets. Global organizations must first look at the macro-to micro marketing communications approach at the broader implications of advertising, and then at the more focused promotion tools that can be used to communicate with target audiences. Marketing communications and research theory will be aligned with contemporary marketing practices by the use of case studies. Assessment: 40%/60% (Coursework/Examination) |
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University of Cambridge International Examinations Other Programmes of Interest Higher Diploma in Mass Communication - University of Cambridge International Examinations
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Structure
Delivery
This programme is wholly delivered in Singapore. Students will have access to local lecturers and the on-line resources provided by TMC.
There will be a combination of lectures, tutorials, seminars, presentations and sessions in computer laboratories where appropriate. Students will also be given additional work to complete outside of scheduled classes.
Resources and materials provided for students will include lecture notes and references for further reading in books, professional journals, publication, articles and websites.
Assessment
Modules are assessed by means of examination and /or coursework.
Duration & Intakes
Duration
- Full Time : 12 months
- Part Time : 16 months
Intakes
- January
- May
- September
Entry Requirements
Local
| Age: | 17 years old (based on date of birth) at point of start class |
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Academic Qualification: |
Any of the following:
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English Proficiency: |
Any of the following:
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Not meeting English Proficiency:
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| Mature Candidates: | 21 years of age (based on date of birth) with 2 years of working experience will be considered on case-by-case basis (IT and Gaming programmes require related working experience) |
International
| Age: | 17 years old (based on date of birth) at point of start class |
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Academic Qualification:
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English Proficiency:
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| Not meeting English Proficiency: Attend Hawthorn English classes and pass at the equivalent of EAP level |
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| Mature Candidates: | N/A |
Progression
Graduation Requirement
To achieve a pass grade in any module, students must achieve a minimum mark of 40% for their coursework, their examination or both their coursework and their examination (if there are 2 components in the assessment).
Pathways
Progression Paths for this course:
- Bachelor of Arts (Hons) in Business & Management
- Bachelor of Arts (Hons) in Hospitality Industry Management
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