Students in TMC Academy

Higher Diploma in Business Studies with International Business

Provided by: TMC Academy

Course Introduction

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. This course consists of an Industrial Attachment module, to allow students to learn from practical experience in the relevant industry.

Course aims:

  • To enhance the students’ knowledge of the global business environment and its importance to international business.
  • To appreciate and develop an overview of issues relating to competing effectively in international business.
  • To provide students with knowledge of International Organisational Behaviour and HRM strategy
  • To equip students to proceed to the final year degree programme in International Business or other relevant disciplines in some universities.
The rationale of this course is to produce professionals who are well rounded and competent in Business with a particular orientation towards International Business.


Curriculum Overview

Higher Diploma in Business Studies (Foundation)
  • Strategies for Academic Success
  • Business Communication
  • Introduction to Information Technology
  • Introduction to Business

Core modules:
  • Marketing for Managers
  • Accounting
  • Statistical Techniques in Business
  • Business Economics
  • Industrial Attachment
  • Business Law
  • Business Finance
  • Business Strategy

Elective modules:
  • International Business
  • International Organisational Behaviour
  • Human Resource Management Strategy

Additional modules to be taken if Industrial Attachment cannot be completed:
  • Introduction to Management
  • Business Communications and ICT

SAS001: Strategies for Academic Success

The Strategies for Academic Success (SAS) module is comprised of two components – Academic English (ACE) and Introduction to Study Skills (ISS).

In the ACE component, students will be equipped with the competencies essential to improve their academic language proficiency necessary at the tertiary level. Students will engage in the study of four major areas:  reading, listening and note-taking, and writing; as well as work on vocabulary-building and grammar.

In the ISS component students will receive an introduction to the tools and methods they will need to utilise in order to be successful in their academic endeavours, including a more in-depth examination of writing reports, locating and validating sources, research techniques, and presentations.

COM001: Business Communication

Business Communication is increasingly becoming an important aspect of a business organisation today. The need to communicate effectively has already become a necessity than a choice for almost any type of business. This module introduces the student to the increasing need to improve communication in business. It explores the implications of effective communication has for business environment and is examined by a series questions related to business.

This module enables the individual to improve their skills interpersonal communication such as oral and written communication. It also enables the individual to review and understand their own behaviour and performance, with a view to improve their future learning ability. It provides a good foundation for the individual to acknowledge their own strength and weakness in communication.

COS001: Introduction to Information Technology

The purpose of this module is to develop the competency of the students in the use of the Microsoft Windows operating system and some common business software packages such as Microsoft Word, Microsoft Excel and Microsoft PowerPoint.

BMG001: Introduction to Business

Introduction to Business covers various characteristics of business and organizations, different types of business ownership and their structures as well as critical functional areas for business operation.

This module enables students to develop a basic understanding of the nature of business and organizations. The module aims to equip students with the fundamental knowledge and skills required to be a manager.

COM101: Business Communication and ICT

Business Communication and ICT is a Level 1 Module offered in Higher Diploma in Business.  Business Communication is increasingly becoming an important aspect of a business organisation today. The need to communicate effectively has already become a necessity than a choice for almost any type of business. This module introduces the student 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 on the impact of ICT as a tool for planning, managing, and marketing such industries.

This module enables the individual to improve his/ her skills interpersonal communication such as oral and written communication. It provides a good foundation for the individual to acknowledge his own strength and weakness in communication. The combination of business and ICT also promotes advancement on individual’s communication skills making him more efficient and effective in any aspect of business-related activity.

BMG101: Introduction to Management

Introduction to Management is a Level 1 Module offered in Higher Diploma in Business. Operating in an environment of globalization 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.

The module includes the following functions:
  • Providing managers with a theoretical framework to understand the complexities of managing a diverse group of employees;
  • Training managers in the art and science of relevant and effective management to enable them to achieve their organizational goals;
  • Enabling managers to be effective leaders by equipping them with practical skills to effectively lead their employees.
The module aims to build on the students’ existing knowledge of management, by expanding their knowledge and skills.

Being a manager involves far more than commanding and controlling their employees. While this legal-rational power is vested in the manager, ‘soft’ skills’ are required to accomplish the goals of the organization.

In the military, the commanders know that they have to earn the respect of their troops, if they hope to accomplish their goals.

During the course of studying the module, the students will explore the essential aspects of management. This will include understanding pivotal topics, conflict management, handling cultural diversity, crisis management.

The aim of the Module is to equip the students with a firm foundation in management. To the employers, management skills are a valuable skill that they would look for when they interview job applicants for diploma and degree level jobs. So, the aim of the Module is to enable the students to learn how to become a good manager.

On completion of the module, the students should have an understanding of the nature of managerial work in organizations; theories of management and their historical development; the management of people as individuals and groups; the importance of leadership and motivation; the principles by which change is introduced into the organizations; the key factors in the organisation’s environment that impact on how managers and organizations work.

MAR101: Marketing for Managers

Marketing for Managers is a Level 1 Module offered in Higher Diploma in Business.  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.

This Module will enable students perform planning, building and managing markets and customers. This will further provide them with an understanding of the marketing framework of a business organization and will help them focus on best practices, tools and models to implement an effective marketing and sales management system. Marketing functions emphasizes planning and executing advanced marketing strategies. This is significant to managers in providing insights on how to develop strategies, initiatives and programs to build and sustain a competitive market advantage.

ACC101: Accounting

This Module introduces the 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 and propel students for their further studies in other accounting related subjects.

QUA101: Statistical Techniques for Business

Statistical Techniques for Business is a Level 1 Module offered in Higher Diploma 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 modules will enable students to analyze, 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.

Statistics is the science of collecting, organizing, and interpreting numerical facts, which we call data. Data bombards us in everyday life. Most of us use statistics someway or another with bits of data that appear in news reports, for example, imported car sales, the latest poll of a politician’s popularity, and the average temperature for today. Advertisements often claim that data show the superiority of the advertiser’s product. Public debates about economics, education, and social policy often take place with the aid of data. Yet the usefulness of statistics goes far beyond these examples.

The study and collection of data are important in the work of many professions. Training in the science of statistics is a valuable preparation for a variety of careers. Each month, for example, government statistics offices release the latest numerical information on unemployment and inflation. Economists, financial advisors and policy makers can study these data to make informed decisions. Politicians also rely on data from polls of public opinion. Market research data that reveal consumer tastes influence business decisions. Farmers study data from field trials of new crop varieties. Engineers gather data on the quality and reliability of manufactured products.

ECO101: Business Economics

Business Economics is a Level 1 Module of the Higher Diploma in Business. 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 manage their businesses more effectively and efficiently. The Module provides the student 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.

LAW201: Business Law

This Module introduces the 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.

ACC201: 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.

BMG201: 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 globalization, internationalization and increasing M&A activities, underlie a renewed focus in the Strategic planning, and management process.

This Module introduces the 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.

Business Strategy planning develops the integrative skills of business students, giving them a holistic cross-functional and competitive perspective of the Company’s position, challenges and its strategic options.

Of importance, this course enables the students to gain a holistic understanding of the strategic and general management challenges in the Company’s business growth.

HRM201: Human Resource Management Strategy

Human Resource Management Strategy subject 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 organisational 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 subject is designed to develop interpersonal skills required to function effectively within the organisation.

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. Organisations emphasise human resources because effective use of people in the organisations can contribute a competitive advantage, both domestically and abroad. The strategic role of HR management emphasizes that the people in an organisation are valuable resources representing significant organisational investment. For HR to play a strategic role it must focus on the longer-term implications of HR issues.

BMG202: International Business

International Business is increasingly becoming an important aspect of a business organisation today. The need to internationalise has already become a necessity than a choice for almost any type of business. This module introduces the student 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 organisation. 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.

HRM202: International Organisational Behaviour

International Organisation Behaviour is a Level 2 specialisation Module offered in Higher Diploma in Business and the Higher Diploma in Business (International Business). International Organisational Behaviour is increasingly becoming an important aspect of a business organisation today. Organisations 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.

Organisational Behaviour (OB) is defined as a field of study that investigates the impact that individuals, groups, and structures have on behaviour within organisations, for the purpose of applying such knowledge toward improving an organisation’s effectiveness. OB is concerned with the study of what people do in an organisation and how the behaviour affects the performance of the organisation.  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.

IA102: Industrial Attachment

At TMC Academy, we recognise that Industrial Attachments (placements) are an integral part of our Students’ learning process. In order to consolidate that learning process and ensure that both the Student and the Employer are gaining the most from the Industrial Attachment experience, we ask that all Students are assessed while on Industrial Attachment. Although assessment is a continuous process (and we ask employers to review their Students’ progress informally on a continuous basis), TMC Academy has put in place assessment procedures that enable the Student and the host organization’s Industrial Attachment Supervisor to review progress. A Learning Contract is drawn up to identify the Student’s role and objectives and formal reviews take place periodically throughout the Industrial Attachment.
Students will write an individual report which focuses on a specific area in their Higher Diploma Studies and report on how it affects the company, what practices they would recommend for the company and why. The report should be 4000 words in length and should also include a brief write-up of the company, a portfolio of work experience and an updated version of their curriculum vitae.

Area of Studies

Upon completion of the different specialisation of the Higher Diploma in Business Studies, students are encouraged to pursue undergraduate programmes at various universities from the UK, Australia and USA.

Career Pathway

The Higher Diploma will equip students to meet career opportunities in the Business and Commerce industry such as:

  • Marketing/ sales executive
  • Accounts officer
  • Human Resource officer
  • Front office officer
  • Personal Assistant

Entry Requirements

  Local Qualifications International Qualifications
Age * Students must be at least 18 years old at the time of Industrial Attachment.

Any of the following or equivalent:
  • Obtained at least an E at GCE A level in any 2 subjects
  • TMC Diploma/Foundation Diploma
  • International Baccalaureate Diploma (at least 24 points)
  • NUS High School Diploma
  • Polytechnic Diploma
  • Diploma (in Accounting / Business / Management / IT / Computing / Hospitality / Psychology) from Private Education Institutions (assessed on a case by case basis)
  • Completed High School or Year 12

Any of the following or equivalent:
  • At least a C6 at GCE O English
  • Completed a Diploma or equivalent where medium of instruction is English
  • Pass an English online test and an interview with the Dean/HOD/designate
Any of the following or equivalent:
  • IELTS 6.0 or TOEFL (Paper) ≥ 547 or TOEFL (Computer) ≥ 210 or TOEFL (Internet) ≥ 78 or TOEIC ≥ 780
  • Other qualifications equivalent to High School or Year 12 where the medium of instruction is English
  • Attend and pass Certificate in English up to Academic English level
≥ 30 years old with 8 years of work experience N.A

^ Students who are admitted through Psychometric Test must pass at least 50% of the modules in the first 2 terms else the enrolment shall be discontinued.

Fees & Funding

Course Fees
Full-Time: $7,860 (+$1,573 Industrial Attachment Admin Fees)
Part-Time: $7,860 (+$1,573 Industrial Attachment Admin Fees)
$300 SkillsFuture Singapore Agency (SSG) Funding available for company-sponsored individual.
$500 SkillsFuture Credits applicable to cover course fees. Visit for details or submit a course enquiry to reach us.

Administrative Fee
(New Student / TMC’s Existing / Local Transfer Student)
All the course fees stated below are inclusive of course materials, examination fee and lab fee unless stated otherwise. Repeat fees and other administrative fees are listed in the Miscellaneous Fee List.
Application Fee
Fee Protection Scheme Fee
0.75% of (Course Fee less grant + Medical Insurance)OR $25 whichever is higher
Medical Insurance Fee
$80 Per Course Per Year
All fees subject to prevailing GST of 7%

Course Fees

Administrative Fee
(New Student / TMC’s Existing / Local Transfer Student)
All the course fees stated below are inclusive of course materials, examination fee and lab fee unless stated otherwise. Repeat fees and other administrative fees are listed in the Miscellaneous Fee List.
Single / Bundled Programs
Application Fees: $200
International Student Administrative Fee: $650
Existing / Local Transfer
Application Fees: $100
International Student Administrative Fee: $350
Fee Protection Scheme Fee
0.75% of (Course Fee less grant + Medical Insurance + International Student Administrative Fee) OR $25whichever is higher
Medical Insurance Fee
$80 Per Course Per Year
All fees subject to prevailing GST of 7%

All fees indicated are in Singapore Dollars (SGD)


Study Mode & Duration

Course Start Dates:

January / February / April / June / July / September / October

First Intake: October 2015


Full-Time: 16 to 19 months + 6 months Industrial Attachment
Part-Time: 23 to 24 months + 6 months Industrial Attachment

with Advanced standing:

Full-Time: 12 to 15 months + 6 months Industrial Attachment
Part-Time: 16 to 19 months + 6 months Industrial Attachment

Mode of Delivery

Lectures, tutorials and independent learning are empolyed. To make sure that students have a clear understanding of the concepts, tutorials are used to re-emphasize they key areas.

Independent learning involves pupils taking the initiative in recognizing learning requirements and undertaking activities to meet them. These actitivies could take the form of research, tutorial exercises, review questions and coursework.
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