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Graduate Diploma in Business and Finance (Awarded by Management Development Institute of Singapore)

About the Course
Course Curriculum
Local Application

Programme Aims & Objectives

The programme aims to achieve the following objectives:

  • to enable candidates to acquire sufficient breadth of knowledge, deeper insights and a greater understanding of the interdisciplinary area in business and finance.
  • to provide candidates with a structured training for personal and career development and job knowledge.

It is an endorsement of their competence in attaining both academic and practical understanding of the subject matters.



Students who successfully complete the programme will be awarded the MDIS Graduate Diploma in Business & Finance.

In addition, graduates from the programme are entitled to use the title, GDip. BF, after their names.



Management Development Institute of Singapore (MDIS)

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.


Module Descriptions


Business Law

This module provides participants with an understanding of the Singapore legal framework from the business perspective. Participants will be able to explain the basic principles of the law of contract and identify legal issues and problems that arise in business transactions and disputes.

Topics include: formation of contract, sale and supply of goods and services, Law of Agency, Law of Partnership, Company Law and Law of Torts. 

Corporate Finance

This module introduces participants to the principles and techniques involved in investment decision-making and basic financial statement analysis and their implication.

Topics include: overview of financial reporting, short-term financial management, capital structure, cost of capital, valuation of securities, operating & financial leverage, dividend policies, time value of money, investment decision techniques and analysis and interpretation of financial statements. 

Cost and Management Accounting for Decision Making

This module provides participants with the knowledge and skill to plan, implement and decide the right course of action to attain the profitability the organisation deserves.

Topics include: cost behaviour and breakeven analysis, absorption costing and marginal costing techniques, relevant costs and opportunity cost concept for decision making, budgeting and budgetary control and product pricing strategies. 

Singapore Taxation

This module introduces participants to the Singapore tax framework.

Topics include: issues pertaining to taxable income and tax-deductible expenses, capital allowances, and taxation of individuals and companies including non-residents, basic tax planning and anti-avoidance provisions and goods and services tax. 

Strategic Business Planning and Development

This module is designed to provide participants with a sound understanding of how managers can become strategically aware of their company’s competitive environments and the need to respond to opportunities and threats. It discusses the significance of market positioning and describes strategies that entrepreneurial firms can use to compete effectively.

Topics include: product portfolio management, external environmental scanning, internal assessment of strengths & weaknesses, formulating strategies, preparation of a business plan, and nature of global competition and exit strategies.

Profile of lecturers and their respective teaching modules

The average lecturer/student ratio is 1 : 100 (lecture)

The average lecturer/student ratio is 1 : 40 (tutorial)

Click here to download profiles of lecturers.



Structure and Duration

Part-Time Programme 

9 months



Commencement Date


Course Commencement Date
Part-Time Programme 16 July 2018


Application Fees                                      S$32.10

Tuition Fees                                          S$4,387.00

Non-Tuition Fees                                    S$186.34
Total                                        S$4,573.34


  • All fees quoted are inclusive of GST.
  • Non-tuition fees for part-time programmes include MDIS membership entrance fees, annual membership fees, condition tutorial fee (if applicable) and Fees Protection Scheme (FPS) Insurance Premium.

Admission Requirements

  • All applicants must be of age 16 and above
  • A recognised degree or diploma with two years of working experience in any industry


English Language Requirement

Applicants are to meet one of the requriements:

  • At least a C6 pass in English at GCE 'O' level
  • IELTS 5.5 or equivalent
  • Pass the English Entrance Test conducted by MDIS
  • MDIS Professional Certificate in English



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


    Organisation Contact Number Website
    TCC Limited Tel : 6319 3700
    DBS Bank Tel : 1800 111 1111
    Maybank Tel : 1800 629 2265



    For All Programmes (Available in 6, 12 or 24 months)

    Organisation Contact Number Website
    Standard Chartered
    Tel : 1800 747 7000
    DBS Bank Tel : 1800 111 1111
    Maybank Tel : 1800 968 2265
    UOB Tel : 1800 226 6121
    OCBC Tel : 1800 363 3333
    Citibank Tel : 1800 225 5225
    POSB Tel:  1800 339 6666
    Bank of China Tel:  1800 669 5566


Duration of Course | Part-time: 9 months


Class Intakes for 2018

Part Time Programme
16 July 2018
TEL [65] 6247 9111/6372 1000


Local Enquiries
+65 6247 9111
+65 6278 8000
International Enquiries