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Diploma in Banking and Financial Services (N53)



What will I learn?

Go on a six-month internship

Gets real-world exposure through job shadowing programmes in financial institutions?

Enjoy accreditation and exemptions from professional bodies and universities

The Diploma in Banking & Financial Services (BFS) provides you with a broad-based knowledge of financial accounting, banking and financial services, economics and risk management. You will gain an understanding of how financial institutions operate and how banking and financial principles are applied in the real world.

Intern at a prestigious financial institution and enhance your exposure and augment your knowledge with our broad range of learning journeys with local and foreign banks. You will benefit from our strong links with industry leaders such as the Bank of America Merrill Lynch, Citibank, DBS, Monetary Authority of Singapore, OCBC, Singapore Exchange Limited, Standard Chartered Bank and UOB.

Recognised & Accredited

As a BFS graduate, you will enjoy accreditation and module exemptions from local and foreign universities as well as professional bodies.

BFS graduates can find good career opportunities in fields such as credit and marketing, corporate finance, financial planning, investment and wealth management, trade finance, treasury, risk management, as well as settlements and operations management.

The BFS diploma is recognised by all local universities and many overseas universities. Many universities in Australia and the United Kingdom grant at least one year’s exemption, which means you can complete your degree programme faster.

Professional bodies like the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA), the Institute of Chartered Accountants in England and Wales (ICAEW), the Institute of Banking & Finance (IBF) and the Singapore College of Insurance (SCI) also recognise our diploma. For industry-linked certification, you will be exempted from one module of the Capital Markets and Financial Advisory Services (CMFAS) examinations.

Which department am I in?

School of Business and Accountancy

Study options

Full Time (3 years)

Tuition fees
SG$9,050.00 (5,57,266) per year
Start date

Expected October 2023


School of Business and Accountancy

Ngee Ann Polytechnic,

535 Clementi Road,

599489, Singapore

Entry requirements

For international students

Students from Singapore must have completed International General Certificate of Secondary Education (IGCSE) qualification attained in Singapore school system. Students from other countries should have country specific requirements equivalent to Singapore. Also they must have scored 'A's and 'B's or above 75 per cent for all core subjects to stand a higher chance of being shortlisted. They should obtain good grades in English, mathematics, two other subjects and a relevant subject for the course they are applying for.


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