Advanced Diploma in Business Management (Entrepreneurship) (ERC Institute)

Local Singaporean/PR Student

• Minimum C6 in English Language at GCE ‘O’ Level
• Minimum 2 GCE ‘A’ Level Credits (Grade D and above)
• Note: [must exclude all Languages]
• Local Polytechnic Students will be exempted from Year 1 Study
• ERCI Foundation Certificate in Business Management

International Student

• Equivalent of Year 12 from the respective home country of the applicants
• IELTS 5.5 or regional equivalent
• ERCI Foundation Certificate in Business Management

Remarks

• Applicants should be at least 16 years of age (based on birth year) at the time of registration.
• All applications are subject to the Institute’s assessment of eligibility for entry into the programme.

Information not available

Course Delivery

Students undertaking the Advanced Diploma in Business Management (Entrepreneurship) programme will be expected to complete 12 modules of academic study. This programme is available on both full and part time basis, and will take 16 months and 24 months respectively to complete. Full-time students will attend classes 5 days a week on weekdays, while part-time students will attend classes 2 times a week on weekdays and/or on weekends.

Module Descriptions

Module 1: Accounting Principles

This module aims to provide students with a solid foundation in the dynamics and growing field of accounting and its principles. Students will be introduced to the workings of accounting equations, recordings of double-entry system and the process of completing the Accounting cycle. In addition, they will understand the purpose of reconciliation of cash, receivables, inventory system, and allocation of cost of fixed assets throughout the module.

Module 2: Economics and Financial Analysis

This module aims to provide students with rudimentary knowledge of basic macroeconomics and macroeconomic principles and how these could be applied in field of Finance especially in fundamental analyses where the economic climate would have direct bearings on the prospective performance of corporations. Key Economic Policies, arising from the analyses of macroeconomic objectives such as Inflation, Unemployment, Sustained Economic Growth and healthy balance of Payments, and their impact on the valuation of currencies and the financial implications on corporations would be examined. Key Financial theories would be integrated into module to equip student with the basic tools in determining the resulting valuations of the individual firms.

Module 3: Business Communication and Reports

This module aims to provide students key business communication skills necessary for the effective and efficient operations in today’s complex business environment. In this module, students will be introduced to various communication concepts and principles to develop an understanding of the importance of communication skills that include both verbal and written format.

Module 4: Marketing Management

In a fast-changing, increasingly digital and social marketplace, it is more vital than ever for marketers to develop meaningful connections with their customers. This module helps students master today’s key marketing challenge: to create vibrant, interactive communities of consumers who make products and brands an integral part of their daily lives. This module also helps students understand how to create value and build customer relationships. This module takes a practical marketing-management approach, providing in-depth, real-life examples and stories that engage students with marketing concepts and bring modern marketing to life. Every topic includes real marketing highlights that provide fresh insights into real marketing practices.

Module 5: Supply Network Solutions

Supply Network Solutions is a module that covers the key concepts in supply chain management, which involves the management of flows between and among stages in a supply chain to maximize total supply chain sustainability. For any supply chain, there is only one source of revenue i.e. the customer. All flows of information, product, or funds generate costs within the supply chain. Thus, the appropriate management of these flows is a key to supply chain success. In this module, students learn how every supply chain maximizes the overall value generated. The value a supply chain generates is the difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer’s request.

Module 6: Human Capital and Talent Management

In today’s complex economic and social environments, it is important to manage human resources well in order to build an enriching work environment and an effective and organization. This course provides the basic concepts of human resource management that are useful for all employees and managers.

Module 7: Innovation and Digital Management

This module will introduce participants to the critical role played by digital technologies and information systems to enable organizations to achieve competitive advantage in a globalized economy. It will demonstrate how the ubiquitous digital technologies may be woven into the processes and culture of an organization to promote innovation and collaborative partnerships amongst the stakeholders.

Module 8: Capstone Industry Project

This project module aims to provide student with basic understanding of project life cycle, project management process, and groups and knowledge areas that are applicable to large and small projects. Student will also learn general management and leadership skills that can help them plan and lead successful projects. Students will work with a designated lecturer whom will supervise the progress and processes of project. The project undertaken is with an industry partner. Project students are expected to utilize their learning and apply the theories they learnt throughout the course of core units and specialization to solve real world business issues. Students will have to carry out primary and/or secondary research to gather relevant information to make a feasible and practical recommendation to the industry partner. An assessment panel will be available at the end of the course to evaluate their presentation on students’ findings and recommendations.

Module 9: Operations & Quality Management

This module has been developed to promote an understanding of key concepts of Operations Management as it applies to today’s organization. Students will be exposed to the different frameworks of studying Operations Management and Production as organizational functions. Topics covered include the Introduction to Operations Management, Designing Operations, Managing Operations, Project Management and Quality Management.

Module 10: Sales Management

Sales Management is an essential part of any companies selling process. This course places emphasis on major aspects of selling and sales management whilst also covering how marketing mix influence sales. Students will be exposed to various factors in creating a good sales environment and how to manage it effectively.

Module 11: Entrepreneurship & New Venture Creation

This module will introduce the framework of business management from an entrepreneurial perspective. It enables students to evaluate trends in thinking about core entrepreneur qualities like risk management, making accurate corporate decisions and managing growth. The emphasis will be on how new economic, social and technological trends can be turned into opportunities through a process of critical thinking and innovation.

Module 12: Global Marketing

This module covers the essentials and basic to global marketing focusing on elements of external environment influences and company global competitive advantage from the perspective of segmentation, branding and positioning. Students will have a good overview of what global companies are doing in the competitive world economy of international marketing.

Course Availability

Intakes for the Advanced Diploma in Business Management (Entrepreneurship) programmes are available 4 times a year. All applications should be submitted to ERCI no later than 1 month before the commencement date.

Assessment Framework

Courses are assessed by a combination of coursework, practical assignments and examinations. Unless otherwise stated, all modules within the Advanced Diploma in Business Management (Entrepreneurship) programme are assessed based on the 3-3-4 framework: 30% Competency-Based Assessment, 30% on individual assignment(s) and/or class tests, 40% on group assignment(s) and/or class participation.