Diploma in Economics (Teach-Out)


A new certificate programme is replacing the Diploma in Economics. Please refer to Certificate of Higher Education in Social Sciences for more details.


Course Start Date & End Date

Last intake in 2015.


Not applicable.


Last intake in 2015.  


Last intake in 2015

Springboard to a full degree

The Diploma is equivalent to the first year of a degree. The Diploma is different from many other qualifications available to international students as students do not prepare for the examinations independently, but are required to attend a course of instruction at SIM which has approval to teach the Diploma in Economics.

SIM has been teaching the Diploma since 1989. Many international students enrol in this Diploma to springboard into Year 2 of the UOL degree programme.

Teaching Faculty

Local faculty, with intensive workshops by UK academics.

Delivery Mode

Lectures, group discussions, workshops and online study

Learning Support

  • Annual intensive revision from mid-March to end-April (lessons may be held in the evenings / weekends / public holidays).
  • Classes on study skills, academic writing and the Peer-Assisted Learning sessions.

Academic Materials

  • Virtual Learning Environment
  • SIM Connect portal
  • University materials such as subject guides, past exam papers and exam commentaries, reading lists and handbooks on good study strategies

Programme Calendar

Classes Aug 2015 – Feb 2016
Revision Mar – Apr 2016
University exams May 2016
Results released in mid-Aug 2016

Candidature Period

The programme is made up of 4 units and there are no prerequisites for each unit.

1 and 5 years to complete the qualification, with a minimum duration of 1 year.

Students will attend classes with those pursuing a Bachelor's programme at SIM campus.

Minimum Class Size

Minimum class size to commence: 25 students. Students will be informed within 30 days after the application period.


Choose from three subject combinations: A, B or C. The typical ratio of students for each option is 22%, 34% and 44% respectively.

For option A, you should preferably have completed GCE ‘A’ level equivalent Mathematics.

For option B, you need good language skills in order to cope with MN1178.

Applicants are to indicate their choice of Option A, B or C when applying to SIM or by the time the selection interview takes place. No changes are permitted after 1 July:

Option A

  1. EC1002 Introduction to economics
  2. ST104A Statistics 1 (half unit) and ST104B Statistics 2 (half unit)
  3. MT105A Mathematics 1 (half unit) and MT105B Mathematics 2 (half unit)
  4. FN1024 Principles of banking & finance
  5. Academic Study Skills

Option B

  1. EC1002 Introduction to economics
  2. ST104A Statistics 1 (half unit) and MT105A Mathematics 1 (half unit)
  3. AC1025 Principles of accounting
  4. MN1178 Business and management in a global context
  5. Academic Study Skills

Option C

  1. EC1002 Introduction to economics
  2. ST104A Statistics 1 (half unit) and MT105A Mathematics 1 (half unit)
  3. FN1024 Principles of banking & finance
  4. AC1025 Principles of accounting
  5. Academic Study Skills

Option A: for those wishing to pursue the degree programme in Banking & Finance, Economics, or Economics & Finance.

Option B: for those wishing to pursue the degree programme in Accounting & Finance, Banking & Finance, Business & Management or Economics & Management.

Option C: for those wishing to pursue the degree programme in Accounting & Finance, or Banking & Finance.

For students who wish to pursue other degrees not listed above, click HERE to view the examples of how they may transfer to BSc programmes.

Outline of Modules 

Entry Requirements

  • Must have completed University of London International Foundation Programme or meet the entry requirements listed below
  • Must attend an interview
  • Must be 18 years old by 31 Dec in the year of registration with UOL
  • Must satisfy the course requirements in Mathematics and English
  • May be assessed through further tests

In addition to the above criteria, Diploma candidates may not work full-time during their course of studies. They may not be students who were once Diploma in Economics candidates in other institutions, or those who were once registered as international students in the BSc degree.

Diploma candidates must achieve an attendance requirement of 90% by 1 Jan in order to register for the University examinations.

Diploma in Economics course requirement for English: You must possess one of the following:

  • GCE ‘O’ level English Language exam
  • Polytechnic diploma within the last 3 years
  • SIM Certificate in English Language Upper Intermediate (Level 5) (CEL)
  • TOEFL 550 (TWE 4.0) or 79 (iBT) or 213 (Computer-based)
  • IELTS 5.5

Foreign Applicants:
Click here for information on overseas qualifications

Last intake in 2015.


Last intake in 2015.


Lecturers & Teaching Modules

Average teacher-student ratio 1:25

Assessment & Exams

SIM assignments, class tests and preliminary examinations allow students sufficient practice for the University's annual examinations.
Exam marks account for 100% for most papers, except selected units where the coursework needs to be assessed by the University.

Attendance requirement

Local: 75%
International students: 90%


Graduates who do well may be awarded with a Diploma with Distinction, Merit or Credit.

Upon successful completion of the Diploma, candidates can progress to most of the BSc degrees with credit for up to four full units. A transfer to the BSc degree is possible for those who pass at least two full units (including a pass in a quantitative unit).

Candidates have a choice of Option A, B or C depending on the degree they plan to pursue from Year 2. Those who aspire to be CA Singapore (Chartered Accountants of Singapore) are recommended to select Option C. Option A is recommended if the candidate has a strong command of the quantitative skills. It is important to review the units offered in each unit combination when choosing the options.

NOTE: The LSE is phasing out the Diploma in Economics. The last intake for the Diploma will be in August 2015. Thereafter, students who wish to enrol for the BSc degrees should explore direct entry or the alternative routes via the International Foundation Programme or the new certificate programme in 2016.