LEVEL 5 DIPLOMA IN CREDIT MANAGEMENT


Awarded by Chartered Institute of Credit Management, UK

Full-Time/Part-Time
Overview

The Level 5 Diploma in Credit Management programme offers a vast degree of essential knowledge and techniques in the key areas of credit management. This programme also increases your ability of innovation for effective credit solutions as well as team leadership strategies to succeed in today’s complex and dynamic business environments.

What Will I Learn?

You will be able to demonstrate a detailed and expanded knowledge and expertise of the overall credit function and increase your capability to maximise the efficiency of the credit function and hence the financial performance of business firms.

What Will I Gain?

  • The Level 5 Diploma in Credit Management qualification award by the Chartered Institute of Credit Management (CICM), UK
  • The eligibility for the Graduate Membership of the CICM
  • The use of MCICM (Grad) letters after your name
  • An internationally recognised qualification which enables you to advance to Master’s Degree programmes

At Whom Is This Programme Targeted?

  • Aspiring and existing credit controllers, analysts, and managers who desire to hone their knowledge and perspectives of the managerial process within the field of the credit function
Course Structure

Course Structure

Level 5 Diploma in Credit Management consists of 6 modules.

Course Outline

  • Outline for Strategic Planning
  • Outline for Advanced Credit Risk Management
  • Outline for Compliance with Legal, Regulatory, Ethical and Social Requirements
  • Outline for Process Improvement
  • Outline for Strategic Communications and Leadership
  • Outline for Legal Proceedings and Insolvency

Scope of Study

Principles, theories and case studies related to credit management and business

Delivery Mode

Lectures, tutorials, discussions and research

Commencement Date/Intakes

To check the dates of Programme Intake for 2019, please click here.
DIMENSIONS reserves the right to change the intakes at any time without prior notice.

Course Fees

Click to show course fee.

Full-time

1. Application Fee (Non – refundable)

:S$

500.00

2. Tuition Fee

:S$

12,800.00

3. Registration Fee for Chartered Institute of Credit Management

:S$

500.00

4. Administrative Fee

:S$

600.00

5. Examination Fee

:S$

800.00

6. Course Material

:S$

800.00

7. Medical Check-Up Fee

:S$

60.00

8. International Student Management Fee

:S$

500.00

9. ICA Processing and Student’s Pass Fee

:S$

120.00

7% GST

:S$

1,167.60

Total

:S$

17,847.60

Part-time

1. Application Fee (Non – refundable)

:S$

100.00

2. Tuition Fee

:S$

5,743.93

3. Registration Fee for Chartered Institute of Credit Management

:S$

500.00

4. Administrative Fee

:S$

400.00

5. Examination Fee

:S$

600.00

6. Course Material

:S$

600.00

7% GST

:S$

556.07

Total

:S$

8,500.00

Miscellaneous Fees:

1. Loss of Student’s Pass (For Student’s Pass holder only)

:S$

278.20

2. Renewal of Student’s Pass (For Student’s Pass holder only)

:S$

128.40

3. Administrative Fees for Extension / Replacement of Student’s Pass (For Student’s Pass holder only)

:S$

535.00

4. Additional Book Fee Per Book

:S$

107.00

5. Appeal for Result Fee Per Module

:S$

160.50

6. Re-issue of Certificate

:S$

214.00

7. Academic Status Certification Fee Per Certification Letter

:S$

53.50

8. Late Payment Fee

:S$

107.00

9. Documents Courier Services Fee Per Delivery

:S$

53.50

10. Re-enrolment Fee

:S$

535.00

11. Course Deferment Fee

:S$

374.50

12. Graduation Ceremony Fee

:S$

Subject to University / DIMENSIONS’ prevailing charges

13. Re-assessment Fee Per Module

:S$

214.00

14. Re-take Fee Per Module

:S$

1070.00

Note 1: All miscellaneous fees are inclusive of 7% GST.
Note 2: Total course fees paid (except application fee and GST) by students are protected under the Fee Protection Scheme (FPS).
Note 3: All students must sign the Advisory Note to Student before signing the Standard PEI-Student Contract.
Note 4: The Standard PEI-Student Contract must be signed by the student prior to making course fees payments to DIMENSIONS.
Note 5: The course fees shown above are effective from 24th September 2018. DIMENSIONS reserves the right to make necessary amendments to the course fees without prior notice.

Payment Mode

For more information on Payment Mode, please click here.
For more information on Fee Protection Scheme (FPS), please click here.
For further details, please contact your Admissions Officer at 6334 0600.

Duration

12 months Institutional Training
Maximum allowed period for a student to complete the course is 24 months

Opportunities for Further Education/Career Pathway

This Ofqual-regulated qualification enables learners to meet the requirements that facilitate the academic progression to Master’s Degree programmes, such as the Master of Business Administration, etc.

Entry Requirements

Entry Requirements

Academic Level:

Local students GCE A Level with at least 1 subject pass or Level 3 Diploma in Credit Management or other equivalent Level 3 qualifications.
International students Level 3 Diploma in Credit Management or equivalent qualifications related to Credit Management from the respective home country or other countries

Note: Applicants with non-standard entry qualifications will be considered on a case-by-case basis
English Proficiency : At least IELTS 5.5 or CAE Level 4 or pass the English Proficiency Test at equivalent level conducted by DIMENSIONS. English proficiency may be considered to have been met and an IELTS score may not be required if applicant possesses a highest qualification where English was the sole medium of instruction.

Assessment & Awards

Class Periods

Full-time

Monday to Friday: 8.30am - 11.30am and/or 12.15pm - 3.15pm and/or 3.30pm - 6.30pm

3 hours per session. All specific programme schedules will be reflected in the timetable.

Part-time

Weekday (Monday to Friday)
Sessions will be conducted from 7.00pm to 10.00pm

and/or

Weekend (Saturday and/or Sunday)
Sessions will be conducted within 9.00am to 6.00pm

3 hours per session. All specific programme schedules will be reflected in the timetable.

Note that Research Activities are required to ensure the international students are in the college from Mondays to Fridays, 3 hours per day

Examination Period

At the end of each semester or course

Assessment Methods

100% Assignment
Assignment Submission in January, June and October

Assessment Grading Criteria

 Module Name  Assessment Methods (Weighting)
Strategic Planning 100% Assignment
Advanced Credit Risk Management 100% Assignment
Compliance with Legal, Regulatory, Ethical and Social Requirements 100% Assignment
Process Improvement 100% Assignment
Strategic Communications and Leadership 100% Assignment
Legal Proceedings and Insolvency 100% Assignment

Grading Criteria

  • The overall qualification has pass/fail grades only.
  • Unit grade bands are:
    Distinction : (75% to 100%)
    Merit : (65% to 74%)
    Pass : (50% to 64%)
    Fail/Refer : (0% to 49%)

Expected Examination Results Release Date

Not more than 3 months after the final assessment

Qualification Award

Level 5 Diploma in Credit Management awarded by Chartered Institute of Credit Management, UK

Graduation Requirements

A “Pass” in all assignments

Teacher – Student Ratio

Average teacher-student ratio is 1:35
Note: The number of students in the classroom is subject to the maximum seating capacity.

Note 1: International Student must achieve at least 90% attendance rate (ICA Requirement).
Note 2: International Student must not be absent for more than 7 consecutive days without valid reason (ICA Requirement).
Note 3: Students who do not require ICA’s student’s pass must achieve at least 80% attendance rate.Our College only accept medical certificates as proof for absenteeism. Any other documents should only be accepted on a case-by-case basis with full justification and be acceptable by ICA.
Note 4: In the first week of studies, an induction session will be conducted. The students will be briefed by the Academic Staff on full details of the course including scheme of work, timetable, assessments and grading, assessment and exam dates and venue and many other academic matters.
Note 5: DIMENSIONS has the right to cancel a class/an intake if the minimum number of students enrolled is less than 10 for any programme per class. Students may enroll into a later intake, if any, or withdraw from course. (For refund, please refer to our Refund Policy).
Note 6: Students (both international and local) must achieve an attendance rate of 80% and above in order to qualify for examinations.