Awarded by University of London, UK and Developed by the Member Institution, London School of Economics and Political Science, UK.
Upon completion of the programme, graduates will have better understanding of the workings of the economy in the modern world, and a grasp of fundamental principles of economic analysis.
Graduate Diploma in Economics
Programme Overview
Academic Level
Postgraduate/Masters,
Awarded by
University of London, UK
Programme type
Full-time, 1 year
Campus location
SIM Campus
Application Dates
Now till 1 Feb 2024 (local and international applicants)
Estimated Fees
(incl. GST)*
S$12,950 to S$13,550
* All fees inclusive of current 9% GST (exclude textbooks / course materials, SIM application fee, preparatory / bridging course fee, and other fees). Refer to GST Notes under Fees Tab for more information.
Graduate Diploma in Economics, University of London
Programme Outline
Learning Outcomes
Upon successful completion of this programme, you will be able to:
- Demonstrate knowledge and understanding of the fundamental aspects of economics analysis.
- Apply economics principles and quantitative techniques to the analysis of economics data.
Further Studies & Career Prospects
This programme is designed for students looking for an additional skillset or qualification in economics or a foundation for further postgraduate study, either locally or overseas.
Hear from our students
Raymond Chia
After graduating in 2001, Raymond Chia went on to pursue his master’s degree in Australia. His University of London degree gave him such a strong foundation in economics that he would graduate as the top student of his cohort. Since then, he has been working with some of the largest financial companies, focusing on research and analysis of varied investment instruments. Last year, Raymond joined BlackRock as its Managing Director, Head of APAC Company Research/Portfolio Manager.
Read story
Why study at SIM x University of London
SIM is the leading private education institution in Singapore.
Excellent value with lower tuition costs in SIM.
Curriculum is by LSE, 6th globally in the 2022 QS World University by Subject Ranking for Economics and Econometrics.
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LSE is one of the foremost social science universities in the world with a worldwide reputation for the quality of its reasearch.
Intake Dates
2024 Sep intake
PROGRAMME DURATION
Sep 2024 to Aug 2025
APPLICATION PERIOD
Now till 1 Feb 2024 (local and international applicants)
Early submission of application is strongly recommended.
Minimum / Maximum period:
1 year / 5 years
No refund or recourse should the student fail to complete within the maximum period.
Curriculum
Structure
- Blended lectures, group discussions, workshops and online study.
- Duration of each lesson is 3 hours.
- Students will attend classes with those pursuing a Bachelor’s programme at SIM campus.
- Classes are taught by local faculty, supplemented by webinars by the London School of Economics on the Virtual Learning Environment.
- Academic materials include Virtual Learning Environment, SIMConnect portal, subject guides, past exam papers and exam commentaries, reading lists and handbooks on good study strategies.
- Learning support include intensive revision, classes on study skills, academic writing and the Peer-Assisted Learning sessions.
- Full time classes are held in three-hour blocks between Monday and Friday, starting at 8.30am, 12pm, or 3.30pm. There are occasional classes on weeknights at 7pm and weekends.
View sample of full-time class schedule (PDF 67 KB) - Average teacher-student ratio: 1:79
View a list of lecturers (PDF 37 KB) - Minimum class size to commence is 25 students. Students will be informed within 30 days after the application period.
Assessment & Attendance
- Assessment by the University is made up of examinations and coursework (for selected modules).
- Attendance and Coursework are part of the University's requirements to sit for the examinations every May/June. SIM students may take resits in the Oct/Nov sitting.
- Students may have a maximum of 3 attempts for each paper prior to classification.
- Key dates:
- University Exams: May – Jun 2025
- Results released: Mid-Aug 2025
- Attendance requirement
- Local: 75%
- International (Dependent Pass holders/ Long-term Visit Pass holders): 90%
Requirements to Graduate
- The award of the Graduate Diploma requires successful completion of all 4 full modules.
- Grading Scheme:
- 70-100: Distinction
- 60-69: Merit
- 40-59: Pass
- 0-39: Fail
- Graduates can attend the April SIM campus ceremony or the March University of London ceremony (UK).
Modules
The programme is made up of 4 full modules. There are no prerequisites or exemptions for each module.
Compulsory modules
- EC2020 Elements of econometrics
- EC2065 Macroeconomics
- EC2066 Microeconomics
AND
One 300 module with the prefix EC chosen from selection group E
View 2023-2024 modules offered at SIM
Admission Criteria
Accepted Entry Qualifications
- A *first degree completed in a minimum of three years on a full-time basis (or equivalent) from a university or other institution acceptable to the University of London
University of London graduates from the same range of degrees under the academic direction of LSE may be considered for the Graduate Diploma on a case to case basis.
View the University of London Prospectus.
Notes:
Although it is not a formal requirement, students are advised to select the management based course option as opposed to the mathematical based if you do not come from a strong quantitative background.
* An acceptable quantitative degree / award title includes Computer Science, Economics, Engineering, Finance, Mathematics, Medicine, Physics, Psychology, Quantitative Management, Quantitative Finance, Social Sciences with Quantitative Methods or Statistics.
Equivalent International Qualifications
For information on international qualifications, refer to SIM’s International Student Prospectus.
Other Requirements
- You must have a minimum Grade C6 and above in GCE 'O' Level English language examinations or an equivalent qualification to apply to the University of London.
- 2 satisfactory mathematical subjects** done at degree level (or its equivalent)
Notes:
** Satisfactory mathematical subjects include: Algebra, Algorithms, Business Mathematics, Business Statistics, Calculus, Computer Mathematics, Differentials, Engineering Mathematics, Geometry, Mathematics, Quantitative Methods, Quantitative Techniques, Statistics or Trigonometry.
Notes:
** Satisfactory mathematical subjects include: Algebra, Algorithms, Business Mathematics, Business Statistics, Calculus, Computer Mathematics, Differentials, Engineering Mathematics, Geometry, Mathematics, Quantitative Methods, Quantitative Techniques, Statistics or Trigonometry.
Fees & Financial Aid
All fees inclusive of current 9% GST (exclude textbooks / course materials). The estimated overall fees are payable in instalments. The amount of each instalment is dependent on the number of modules undertaken for each semester and based on the following components:
- SIM Programme Fees and UOL Examination Fees - Payable and calculated on a per subject basis
- UOL Registration Fees - Payable annually
GST Notes:
- Fees published are inclusive of current GST of 9%. The parts of fees not invoiced, not paid and where services are not rendered in year 2023 are subject to the new GST rates effective on 1 Jan 2024. Refer to IRAS website here for more details.
- For invoice generated in 2023 for services to be rendered in 2024, if payment is collected by 2023, 8% GST will apply.
- For invoice generated in 2023, if the payment is received in 2024 and service is rendered in 2024, 9% GST will apply. Credit note against original invoice and a new invoice bearing 9% GST will be issued.
- For invoice generated in 2023 and service is rendered in 2023, if payment is collected in 2024 (i.e. late payment), 8% still applies.
Payment to SIM can be made through SIMConnect using Credit Card (Visa or Master), PayNow, eNETS, and OCBC Interest-free Instalment Plan (min. S$500).
Programme Fees
Additional fees apply for those who repeat/resit the coursework/exam and also for those who extend their registration with the University.
Total programme fee: S$12,950*
The breakdown is as follows:
Payable to SIM
Programme Fees for Graduate Diploma (4 full modules): S$7,194.00
Payable to University of London (UOL)
UOL Application Fee (One-Time Payment) : £107*
UOL Initial Registration Fee : £1,275*
Payable to UOL Examinations
UOL Examination Fee (4 full units) : S$3,200*
*This is an estimated amount as UOL fees are subject to exchange rate fluctuation, Singapore taxation and yearly increase.
Total programme fee: S$13,550*
The breakdown is as follows:
Payable to SIM
Programme Fees for Graduate Diploma (4 full modules): S$7,804.40
Payable to University of London (UOL)
UOL Application Fee (One-Time Payment) : £107*
UOL Initial Registration Fee : £1,275*
Payable to UOL Examinations
UOL Examination Fee (4 full units) : S$3,200*
*This is an estimated amount as UOL fees are subject to exchange rate fluctuation, Singapore taxation and yearly increase.
Mandatory One-time Fees
All fees inclusive of prevailing GST.
|
International Student Induction Fee A one-time fee payable by new full-time international students. This fee covers pre-arrival and arrival support, including activities to enhance the international student learning experience. As applicable, payable with the programme fee's first instalment. |
S$436.00 |
|
Application Fee Payable for each application form that is submitted. Fee is non-refundable and non-transferable. The fee will be refunded fully only if the intake does not commence. Unpaid applications will not be processed. |
Local applicants: S$98.10 |
