Higher Diploma in International Business (Awarded by Management Development Institute of Singapore)

Objectives

• To equip participants with the ability to handle the challenges of managing across national borders.
• To inculcate the spirit of entrepreneurship and venture into international business arena.

Assessment Methods

Students are assessed in each unit by various methods. These include researched essays and reports, reports, presentation, case studies, problem solutions portfolio, online discussions, tests and exams.

Modules are taught in a face-to-face manner.

Students may also be asked to participate in group work as well as individuals assignments. The weighting of assessment marks between assignments and examination varies.

Graduation

Candidates who successfully complete all coursework and pass the examinations will be awarded the MDIS Diploma in International Business.

The Management Development Institute of Singapore (MDIS), founded in 1956, is Singapore's oldest not-for-profit professional institute for lifelong learning. MDIS has two subsidiaries: Management Development Institute of Singapore Pte Ltd (MDIS Pte Ltd) to oversee its Singapore academic operations, and MDIS International Pte Ltd to further its globalisation strategy.

International Marketing

• Introduction to international marketing management
• Analysing global marketing environment
• Strategic alternatives for product entry and positioning
• Competitive analysis and strategy
• Multinational exporting and importing
• Managing international marketing programme
• The future of international marketing

Introduction to International Finance

• Objectives and role of business financial management
• Operation of the financial markets
• The principles of valuation of securities risk and return, concept of cost of capital
• Market efficiency, sources of long-term and short-term finance
• Capital structure, analysis and impact of leverage
• Capital budgeting and evaluation of investment projects
• Working capital management and dividend policy
• International business finance and globalisation of product and services
• Exchange rates, interest rate parity theory and purchasing power parity theory
• Interest rate risk, use of money market, forward contracts, futures and options to manage foreign exchange exposure
• Taxation issues in international finance, transfer price and tax planning
• International investment project
• The problems involved in international operations, which include differences in currency, language, politics and culture as well as the potential risks and benefits of doing business in foreign countries
• Evaluate international trade agreements, financial markets and their effect on business

Macroeconomics

• The determination of real income, employment and unemployment, price level, inflation in an open market and macroeconomic policies
• Aggregate demand in a closed economy: consumption functions, investment, an examination into the money and goods markets (IS-LM) and macroeconomic policies
• Aggregate demand in an open market: exchange rates, international trade and the flow of capital, IS-LMBP model
• The aggregate demand and supply curves, the determination of price and output, demand management policy and the neoclassical growth model
• Inflation and unemployment, full employment, natural rate of employment, types and causes of unemployment and policies to reduce them

International Information Technology Management

• Improving communications
• Business models and IT
• Understanding IT architecture
• Business scope and alignment
• IT strategic planning
• Implementation issues and project management
• Vendor selection and system procurement
• Change, problem, storage, network, and configuration management
• Facilities management
• Capacity planning and disaster recovery
• Quality control and strategic security
• International IT system development and strategy formulation

International Business Strategy

• Analysis of external and internal environments
• The cultural context of international business
• Implementation & control of the international strategic business plan
• Foreign market entry strategies
• Controlling and coordinating overseas subsidiaries
• Appropriate organisational design for international business

Business Law II

• The nature and meaning of law
• Terms of contract and vitiating factors
• The discharge of a contract
• Remedies for breach of contract
• Law of Tort Agency Law
• Introduction to Property Law
• Partnership
• Company Law
• Copyright, passing off and trademark laws
• Cyber Law

Public Relations: Strategic Planning & Management

• Roles of research in PR strategic planning
• Global and local media relations
• Organisational settings
• Corporate communications
• Ethical implications & professionalism
• Legal considerations
• Theoretical underpinnings: communication and public opinion
• Issues management and crisis management
• The practice of public relations in industries
• Evaluation: purpose of evaluation, measurement of production, current status of measurement and evaluation and measurement of audience

Accounting & Corporate Governance

• Distinction between accounting and auditing
• Causes of information risk and reducing information risk
• Introduction to generally accepted accounting principles and the International Accounting Standards (IAS) for revenue recognition, leases, segment reporting, presentation of financial statements, cash flow statements, etc
• Introduction to group consolidation of accounts – balance sheet, profit and loss account
• Audit Committee – appointment of non-executive directors, role and functions of audit committee
• Internal controls – definition, classification of control, management responsibility
• Factors to achieve good internal control
• Applying internal control to cash receipts, cash disbursements including petty cash transactions, fixed assets, payroll, sales and inventory
• Introduction to external audit – meaning of true and fair view, types of audit and audit reports, materiality decisions and risk
• Auditing process – objectives, management’s responsibility and auditor’s responsibility
• Types of audit evidence and documentation

Structure and Duration

Day Programme (for International students only)

• 8 modules
• Minimum 8 months
• 4 modules per term

Commencement Date

Class Intake for 2013

Fees:

: : Application Fee:        S$321.00

: : Tuition Fees:             S$6,955

* All fees quoted are inclusive of GST.
* Non-tuition fees are not included.

Entry Requirements

Interested applicants must possess ONE of the following entrance requirements:

• MDIS Advanced Diploma in Business Management

    OR

• MDIS Advanced Diploma in International Business

    OR

• Non-business Polytechnic Diploma

    OR

• Recognised Business Advanced Diploma from other professional institutes

Other equivalent qualifications may be considered on a case by case basis.

Additional Criteria

All applicants must demonstrate proficiency in English. Failing which they are required to sit for the following entrance examination:

Applicants without C6 pass in English (EL1) at GCE ‘O’ Level as First Language or its equivalent are required:

• To sit and pass the English Entrance Test conducted by MDIS OR

    OR

• To score a minimum of band 6 in IELTS conducted by the British Council OR

    OR

• To score 213 points (computer-based) or 550 points (paper-based) in TOEFL

Student Pass Application

International student are required to apply for student pass if he/she wishes to study full-time in Singapore. Please click here for more information.

Structure and Duration

Evening Programme (for Local students only)

• 8 modules
• Minimum 9 months
• 2-3 modules per term

Day Programme (for Local students only)

• 8 modules
• Minimum 8 months
• 2 modules per term

Commencement Date

Class Intake for 2013

Fees:

• Application Fee:     S$21.40

Day Programme

• Tuition Fees:          S$5,564.00
• Non-Tuition Fees:   S$360.49
• Total:                      S$5,924.49    

Evening Programme

• Tuition Fees:           S$5,564.00
• Non-Tuition Fees:    S$207.39
• Total:                       S$5,771.39          

Note:

• All fees quoted are inclusive of GST.
• Non-tuition fees for evening programmes include MDIS membership entrance fees, annual membership subscription fees and fee protection scheme.
• Non-tuition fees for day programmes include MDIS membership entrance fees, annual membership subscription fees, MDIS experience seminars, medical insurance and fee protection scheme.
• The above does not include Miscellaneous Fees, which refer to any non-compulsory and non-standard fees which the student will pay only when necessary or applicable.  Such fees are normally collected on an ad-hoc basis by the PEI when the need arises.

Entry Requirements

Interested applicants must possess ONE of the following entrance requirements:

• MDIS Advanced Diploma in Business Management

    OR

• MDIS Advanced Diploma in International Business

    OR

• Non-business Polytechnic Diploma

    OR

• Recognised Business Advanced Diploma from other professional institutes

Other equivalent qualifications may be considered on a case by case basis

Additional Criteria

All applicants must demonstrate proficiency in English. Failing which they are required to sit for the following entrance examination:

Applicants without C6 pass in English (EL1) at GCE ‘O’ Level as First Language or its equivalent are required:

• To sit and pass the English Entrance Test conducted by MDIS

    OR

• To score a minimum of band 6 in IELTS conducted by the British Council 

    OR

• To score 213 points (computer-based) or 550 points (paper-based) in TOEFL

Financial Assistance Scheme

Student loans from the organisations listed below are available to Singapore Citizens and Permanent Residents. Please contact the organisations directly to find out how you may benefit from their services

1. STUDY LOANS
    

   Organisation	Contact Number	Website
   TCC Limited	Tel : 6319 3700	www.tcc.org.sg
   DBS Bank	Tel : 1800 111 1111	www.dbs.com.sg
   Maybank	Tel : 1800 629 2265	www.maybank2u.com.sg




2. CREDIT CARD INTEREST FREE 0%  INSTALMENT PLANS

   a)        For All Progammes(6 to 12 months)

   Organisation	Contact Number	Website
   Standard Chartered Bank	Tel : 1800 747 7000	www.standardchartered.com.sg
   POSB/DBS Bank	Tel : 1800 111 1111	www.dbs.com.sg
   Maybank	Tel : 1800-9682265	www.maybank.com.sg
   UOB	Tel : 1800 22 66 121	www.uob.com.sg
   OCBC	Tel : 1800 363 3333	www.ocbc.com.sg

   
   

   b)       For Degree & Masters Programmes (24 months)

   Organisation	Contact Number	Website
   POSB/DBS Bank	Tel : 1800 111 1111	www.dbs.com.sg
   UOB	Tel : 1800 22 66 121	www.uob.com.sg