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Course Overview

Are you an executive, a manager, or an entrepreneur with non-financial background? Or are you from engineering, information technology, marketing or other backgrounds, hoping to be more effective and competent with knowledge and skills in accounting and financial management?

This Specialist Diploma has the distinctive characteristic of dual specialisation in both accounting and finance disciplines. With knowledge and skills in one area building upon those in the other, you will enhance your management competencies and prospects for career advancement. It may also open opportunities for you to switch to a career in accounting and finance. 


The course aims to:


  • Provide candidates with a sound knowledge of accounting and finance in business organisations;
    Train candidates in the analysis and use of financial information;
  • Equip candidates with the techniques for planning, managing and controlling financial resources;
  • Impart problem-solving, thinking and research skills to candidates through article reviews, case studies and assignments.


Candidates who successfully complete the Specialist Diploma in Accounting & Finance will be eligible for the following exemptions:


  • Association of Chartered Certified Accountants (ACCA) – Accountant in Business (AB), Management Accounting (MA), Financial Accounting (FA) and Corporate and Business Law (LW)
  • Chartered Institute of Management Accountants (CIMA) – BA2: Fundamentals of Management Accounting and BA3: Fundamentals of Financial Accounting

Application/Entry Requirement

At least a Polytechnic Diploma or ITE Technical Diploma/Technical Engineer Diploma/Work-Learn Technical Diploma OR University Degree and at least 2 years of general work experience.


Currently in managerial jobs requiring finance knowledge.


Applicants who do not meet the entry requirements may be considered for admission to the course based on evidence of at least 5 years of relevant working experience or supporting evidence of competency readiness. Suitable applicants who are shortlisted may have to go through an interview and/or entrance test. The Polytechnic reserves the right to shortlist and admit applicants.

Who Should Attend

Executives, managers and entrepreneurs who wish to enhance their accounting and financial skills and knowledge. Prior knowledge of accounting and finance is not a pre-requisite.

What You'll Learn

To be awarded the Specialist Diploma in Accounting and Finance, participants are required to complete a total of 2 Post-Diploma Certificates (PDCs). A certificate will be issued upon successful completion of each PDC.

Subject Code Subject
BCAF005 Financial Accounting

This subject aims to equip students with the knowledge and skills of measuring business activities and processing the data into useful information for reporting and decision making. The subject covers the accounting principles and accounting process, and equips students with the requisite skills in preparing and interpreting corporate financial statements. It also addresses accounting issues relating to consolidated financial statements.

BCAF008 Financial Analysis

This subject seeks to equip students with the tools and skills needed to draw inferences from financial statements in tandem with corroborative information from the market and the economy, in order to facilitate better financial, investment and credit decision making within the firm. The subject examines in detail how financial statements can be used to evaluate performance and financial position; or to assess the risk and implications of a particular decision made by the firm’s management.

Subject Code Subject
BCAF006 Financial Management

This subject covers the role of finance and the financial manager, sources and allocation of funds within a business enterprise and the tools and techniques used by the financial manager in the management of funds and other financial resources. It also covers concepts related to valuation, international financial management and financial instruments such as shares, options and warrants.

BCAF007 Management Accounting

This subject provides an introduction to the use of accounting information in the planning, control and decision-making process. It covers the tools and techniques for planning, budgeting, performance evaluation and cost analysis. It also addresses emerging issues that are outside the traditional domain of management accounting. These issues include total quality management and the economic value added concepts.

Modes of Assessment


100% Coursework consisting of class tests/quizzes and assignments/projects

Career Opportunities

The course will enhance participants' management competencies, and prospects for career advancement. It may also open opportunities for participants to switch to a career in accounting and finance.

Course Schedule

Intake Info Application Closing Date Course Duration

18 October 2021

03 May 2021 - 19 July 2021

1 Year


Course Fees

Course Fee Per Post-Diploma Certificate

Fee Type Total Fees
w GST    
SME-sponsored Singapore Citizens & Permanent Residents S$291.72
Singapore Citizens aged 40 & above S$282.48
Singapore Citizens aged below 40 S$423.72
Singapore Permanent Residents S$1,129.92
Others & Repeat Students  S$2,837.64

SkillsFuture Credit Approved. For more details, please click here


Course fees payable is based on per MC.

Course fees will be reviewed by MOE on an annual basis and adjusted accordingly.

MOE subsidy will not be applicable for students who repeat a module or semester.


With effect from 1 Jul 2020, the Workforce Training Scheme (WTS) will be replaced by Work Support Scheme (WSS), for more information, please visit:


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Course Contact

  • 67881212
  • 8.30am – 6.00pm (Mon – Thu)

    8.30am – 5.30pm (Fri)

    Closed on Sat, Sun & Public Holidays

    Due to Safe Management Measures, our office is currently closed.

    Please call or email us your enquiry.

    Thank you for your patience and understanding.

  • Website: https://www.tp.edu.sg/tsa
  • Temasek SkillsFuture Academy
    Temasek Polytechnic
    East Wing Block 1A, 
    Level 3, Unit 81
    21 Tampines Ave 1
    Singapore 529757

  • Temasek Polytechnic reserves the right to alter the course, modify the scale of fee, amend any other information or cancel course with low enrolment.

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