E-commerce Ecosystem Financial Accounting
- e-Commerce
- Finance & Investment
- Innovation & Business Improvement
This programme is conducted on-campus.
3 Days
Weeknights (7pm - 10.30pm)
Saturday (9am - 6pm)
Who Should Attend
- Career Transition or fresh graduates who are exploring a career in Digital Commerce Industry
- SME Owners
- e-Commerce Sellers and Operators
- Digital Commerce Marketing, Sales, Ad Tech Professionals, and Brand Managers
- Digital Commerce Strategy & Planning Professionals and Managers
Overview
However, for brands, merchants and sellers, the digital space is as challenging as the physical one. Profitability and margins are driven by ever-complex supply chain issues, platform fees and platform commission. A good understanding of financial frameworks and metrics is therefore key to every business intending to retail digitally.
In this module, participants will first understand how the financial model of an e-Commerce business works before diving further into various accounting and financial concepts. Thereafter, they will advance their skillset by calculating various ratios which will be used for comparative benchmarking.
Learning Objectives
- Gain a high-level understanding of Financial Accounting in the areas of Profit & Loss Statement, Balance Sheet and Cash Flow Statement
- Build their first operating budget
- Understand and appreciate key e-Commerce metrics such as GMV, PC1 and PC2
- Calculate profitability margins
- Compare and contrast their financial numbers with industry benchmarks
Topic/Structure
- Introduction to e-Commerce Financial
- Creating your business: Market Sizing
- Building your TAM/ SAM/ SOM
- Managing your business: Accounting
- Preparing an Operating Budget
- Comparing your business: Margins & Ratio
- Growing your business: Financing
- Valuing your Business
Assessment
- Multiple Choice Questions (MCQ)
- Project
CERTIFICATION
As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion.
Calculate Programme Fee
Fee Table
| COMPANY-SPONSORED | |||
|
PARTICIPANT PROFILE |
SELF-SPONSORED |
SME |
NON-SME |
|
Singapore Citizen < 40 years old Permanent Resident LTVP+
|
$654 (After SSG Funding 70%) |
$254 (After SSG Funding 70% |
$654 (After SSG Funding 70%) |
|
Singapore Citizen ≥ 40 years old |
$254 (After SSG Funding 70% |
$254 (After SSG Funding 70% |
$254 (After SSG Funding 70% |
|
International Participant |
$2,180 (No Funding) |
$2,180 (No Funding) |
$2,180 (No Funding) |
All prices include 9% GST
Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.
Self Sponsored
SkillsFuture Credit
Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.
This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.
Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).Workfare Skills Support Scheme
From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.
Company Sponsored
Enhanced Training Support for SMEs (ETSS)
- Organisation must be registered or incorporated in Singapore
- Employment size of not more than 200 or with annual sales turnover of not more than $100 million
- Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
- Trainees must be Singapore Citizens or Singapore Permanent Residents
- Trainees must not be a full-time national serviceman
- Trainees will be able to enjoy ETSS funding only if the company's SME's status has been approved. To verify your SME's status, please click here.
Please click here for more information on ETSS.
Absentee Payroll
Companies who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:
AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)
Intake Information
Next Intake: To be advised
Testimonials
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