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  5. Business Administration Accounting Finance - Diploma

Business Administration

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  • Business Administration Accounting Finance - Diploma

Business Administration Accounting Finance - Diploma

*Please note, this program is not accepting applications for the spring (May) 2025 or 2026 terms. Applications from domestic students are welcome for the fall (September) 2025 term and for part-time studies in the winter (January) 2026 term, as this program is not eligible for post-graduation work permits for international students.
Program at a Glance
Length
2 years
Credential
Diploma
Delivery Method
On Campus
Campus
Castlegar
Intake Dates
Fall
Winter
Spring
Contacts
Business Program Coordinator
Business Program Coordinator
Contact by email
Have Questions?
Student Recruiters
Direct
1 (250) 304-5071
Contact by email
    Overview

    Capable accounting and finance professionals are highly respected in the global business world and are in high demand. We give you a solid financial understanding and management background to secure your career potential in this high-paying and diverse field.

    Our Accounting Finance concentration allows you to start working right away or receive advance credit toward earning your Chartered Professional Accountant (CPA), or other professional designations.

    This concentration provides students with a solid background in the financial structure of business. Students develop skills in such areas as: financial and managerial accounting, systems analysis and design, auditing, taxation and computer systems.

    Career Opportunities

    Our comprehensive course offerings train you to be successful in a variety of respected careers, such as:

    • Management accounting
    • Taxation
    • Auditing
    • Purchasing
    • Financial planning
    • Business analyst
    • Financial accounting
    • Bookkeeping

    Common first-year courses must be completed before moving into second-year courses. For first-year course and admission requirements, see Business Administration.

    Program Outcomes

    Upon successful completion of this program, learners will be able to:

    1. Explain and apply terms, concepts, and theories relevant to Canadian business

    2. Communicate effectively in various formats to a variety of stakeholders

    3. Demonstrate management thinking and problem-solving at the foundational level

    4. Use a range of contemporary digital technologies effectively

    5. Apply multi-stakeholder perspectives in decision-making

    Admission Requirements

    In addition to meeting the general entrance requirements for admission to Selkirk College, applicants must meet the following Business Administration requirements:

    • English Studies 12 or equivalent with a minimum of 60% or higher required. For international applicants, IELTS 6.0 overall band score with no band below 5.5, or equivalent on other internationally recognized English Language Proficiency Tests.
    • Any Math 11 with a minimum of 60%. Note that students who may pursue a university degree in Business should complete a pre-calculus course.
    Additional Requirements

    The deadline for receiving required documentation is stated in the student’s admissions letter.

    An interview (in person or by telephone) with the program advisor may be required before entry to the program.

    Students are required to complete an orientation at the beginning of the program.

    Where space permits, students may be admitted up to the end of the first week of the semester.

    The program may be taken on a full-time or part-time basis.

    1. Early Entry

    a) Subject to Chair approval applicants who lack the specific English or Math entrance admission requirements may still gain admission to the program through a multi-level entry system which allows students to take a combination of program and upgrading courses in the first year.

    b) Early Entry students will not be able to advance beyond their first year (30 credit hours) until any and all upgrading requirements are met.

    c) This mode of entry can extend the duration of the program accordingly as not all courses are offered every term.

    2. General

    a) Applicants must submit a completed application form and other required documents (i.e. secondary school and any post-secondary transcripts, application package) to the Registrar's office.

    b) Program Chairs, Advisors or Counsellors, in consultation with Assessment Services, will determine which subtests of the CRT may be completed to support applicants' personal learning plans.

    c) Entry to the Program may be made at the commencement of the Fall, Winter, or Spring semesters. However, normal entry is at the beginning of the Fall semester. The progression of courses may be different dependent on which semester the student commences studies.

    d) Where space permits students may be admitted up to the end of the first week of the Fall and Winter semesters, and first week of the Spring semester. Admission beyond this point will only be possible with the approval of the instructor(s) involved.

    e) Entry may be limited by prerequisites, space limitations and/or completion of preadmission assessment. International students' entry may be limited where international student enrolment targets or limits have been met.

    f) Accepted applicants may be placed in particular classes and/or sections by the School Chair or designate.

    g) No class or section switches will be permitted after the first week of the Fall, Winter, or Spring semester. All class or section switches require the approval of the School Chair or designate.

    h) Students admitted to a specific program will be given preferred access to that program's courses.

    3. Part-time Study

    a) The Program accommodates part-time study. Special consideration has been given to the integration of part-time students into the program. However, only full-time students are eligible for Co-op work term experiences.

    b) Subject to space limitations and prerequisites, students who wish to take fewer than the maximum number of courses in any semester may do so.

    c) International students are responsible to determine whether part-time studies will affect one's study permit, ability to work and future status in Canada post-graduation.

    Graduation and Promotion

    CO-OP EDUCATION

    This program is eligible for co-op education opportunities. Details under Program Specific Regulations.

    PROMOTION

    1. To be promoted in good standing, a student must achieve a minimum program GPA of 2.00.

    2. Early Entry students must complete upgrade courses before registering beyond 30 program credit hours or receive prior approval from the School Chair or designate.

    3. To be qualified for automatic admission into a course which stipulates a prerequisite, a minimum grade of "C" or better must be achieved in the prerequisite course, unless the course concerned requires a higher grade.

    4. Students will not be permitted to exceed a full semester course load except with the permission of the School Chair or designate.

    5. Two (2) failures in a non-elective course is cause for withdrawal from the program. A third attempt at a course may be made at the discretion of the School Chair or designate.

    6. Any student who has left the program because of unsatisfactory performance may be readmitted with the approval of the School Chair or designate after consultation with instructors.

    1. A student who has completed the Diploma graduation requirements with a cumulative program GPA of 3.50 or better and no "C+" or lower grades in any subject will be designated as graduating with Honours.

    2. A student who has complete coop requirements as stated above will be designated as graduating with Coop.

    3. Requirements: see Policy 8617: Graduation

    Courses
    Program Courses
    Term 1

    ADMN100 - Skills Orientation

    ADMN 100 Skills Orientation will welcome students to Selkirk College and highlight the expected knowledge and skills that will be required in all School of Business programs. This course will provide resources and learning opportunities to assist students in acquiring the essential skills in math and computer applications to support the successful completion of their chosen program in business. In addition, this course introduces several important college policies and programs that all students need to be aware of.

    Prerequisites
    Acceptance to the School of Business diploma and post-graduate diploma programs
    Credits
    1

    ADMN170 - Introduction to Business

    ADMN 170 Introduction to Business is a course that introduces students to the management and operation of business, including the principles, concepts, ideas and tools used by managers. In addition, the course exposes students to international and local business issues, and to large companies as well as to smaller, entrepreneurial firms. This course also provides an introduction to Career exploration and preparation

    Prerequisites
    Program admission requirements.
    Credits
    3.00

    COMM240 - Financial Accounting I

    COMM 240 Financial Accounting I is an introductory course in accounting from the basic accounting equation to the preparation of the income statement, statement of owner's equity and balance sheet. This course covers merchandise operations, valuation and control of cash, temporary investments and receivables, inventories and cost of goods sold, principles of internal control and capital assets. Includes important accounting principles and concepts as well as the classification of accounts. The use of special journals, worksheets and computerized accounting is also covered.

    Prerequisites
    Program admission requirements.
    Credits
    3.00

    ECON106 - Principles Of Macroeconomics

    ECON 106 Principles of Macroeconomics covers: national income accounts, national income determination model, monetary system, monetary and fiscal policy, problems with the Macro System, inflation, unemployment, etc.; international trade - balance of payments, exchange rates, capital flows.

    Prerequisites
    English Studies 12, or equivalent with a minimum of 60%
    Credits
    3.00

    MATH125 - Business Mathematics

    MATH 125 Business Mathematics is intended for first year students enrolled in the Business Administration program. It stresses the mathematics required in financial processes. The course starts with a review of basic arithmetic and algebra. With these skills the student will solve several practical business problems. Topics include (but are not limited to) ratio and proportion, merchandising, break-even analysis, simple interest and promissory notes, compound interest and effective rates, equivalent payment streams, simple and general annuities, annuities due and deferred annuities, amortization of loans and payment schedules.

    Prerequisites
    Any Math 11, or equivalent with a minimum of 60%
    Credits
    3.00
    or

    MATH140 - Calculus I for Social Sciences

    MATH 140 Calculus I for Social Sciences is an introductory course in calculus designed to provide students majoring in business, the life sciences or the social sciences with the necessary mathematical background for further study in these areas. The course includes functions, limits, the derivative and its application, anti-differentiation and the indefinite integral and an introduction to differential equations.

    Prerequisites
    Pre-calculus 12, or equivalent with a minimum of 60%
    Credits
    3.00

    TWC164 - Business Communications I

    TWC 164 Business Communications I is an introduction to the fundamentals of effective written business communication and their application to workplace communication. Additionally, students will solidify and advance their skills in researching and presenting ideas and reports.

    Prerequisites
    NOTE: PGBM students must complete BUS 300 or BUS 301 with a minimum of 68%, before taking this course. No prerequisites required in other programs.
    Credits
    3.00
    or

    ENGL110 - College Composition

    ENGL 110 introduces students to the world of scholarly writing -- reading it, thinking about it, and producing it as academic researchers. Students will explore how professional and/or academic writers across disciplines communicate to a variety of audiences. Students will practice active reading, writing and critical thinking skills by conducting scholarly research on a topic. This course aims to equip students with the skills and knowledge they need to write effectively within academic contexts.

    Prerequisites
    English Studies 12, or equivalent with a minimum of 60%
    Credits
    3.00

    Students who may pursue a university degree should take ENGL 110 instead of TWC 164.

    Term 2

    ADMN181 - Marketing

    ADMN 181 Marketing introduces students to basic concepts and principles of marketing. Topics include Canadian entrepreneurship, small business management, evaluation of business opportunities, and marketing management. Market planning will be emphasized as well as practical decision making in regards to evaluating the business environment, market segmentation, market research, and strategy choices. The marketing mix or product, price, place of distribution, and promotion will be discussed in depth.

    Prerequisites
    ADMN 170 or equivalent with a minimum of 60%
    Credits
    3.00

    COMM241 - Financial Accounting II

    COMM 241 Financial Accounting II is the second financial accounting course, reviewing and enlarging upon concepts and principles, their application to and effect upon financial statements. Topics include: capital and intangible assets, current and long-term liabilities, partnership accounting, accounting for corporate transactions, notes and bonds payable, the cash flow statement, and financial statement analysis.

    Prerequisites
    COMM 240 and ADMN 170 or equivalent with a minimum of 60%
    Credits
    3.00

    ECON107 - Principles Of Microeconomics

    ECON 107 Principles of Microeconomics usually taken following Economics 106 Principles of Macroeconomics. Topics covered include: supply and demand - price supports, the agricultural problem, value theory, theory of the firm - competition, pollution, industrial organization - monopoly, public utilities, advertising, income distribution - labour unions, productivity.

    Prerequisites
    English Studies 12, or equivalent with a minimum of 60%
    Credits
    3.00

    STAT105 - Introduction To Statistics

    STAT 105 Introduction to Statistics is intended for social, environmental science, and business students, or others who would benefit from a one-term statistics course. Topics include estimation of means and hypothesis testing. Applications are explored.

    Prerequisites
    Math 11 at any level or equivalent with a minimum of 60%
    Credits
    3.00

    TWC165 - Business Communications II

    TWC 165 Business Communications II focuses on developing oral presentation skills by practice and application. Students will develop these skills by planning and delivering speeches, pitches, interviews, and informative reports created through a rigorous research and pre-writing process.

    Prerequisites
    ENGL 110 or TWC 164, or equivalent with a minimum of 60%
    Credits
    3.00

    COOP101 - Business Co-op Work-term I
    Business Co-op Work-term I, COOP 101 is a (paid) work-term which fosters partnerships between students, employers and institution; to bring classroom learning into the workplace. Co-op Education is a process of education that formally integrates students' academic study with periods of related work experience. By connecting with employers, COOP 101 students will gain valuable hands-on experience related to their area of study within the School of Business.
    Prerequisites
    The student must have completed a minimum of one semester in the School of Business with a minimum cumulative GPA of 2.0, completion of all courses. Any student with one (1) or more failing grades must have Advisor approval to enter into a Co-op Work Term.
    Credits
    6.00

    COOP 101 Co-op Education Work Term is an optional course.

    COOP 101 Co-op Education Work Term (worth 6 credits) can replace any second-year course except ADMN 297 Entrepreneurship. In this option, the net increase in program credits is three.

    Term 3

    ADMN250 - Managerial Accounting

    ADMN 250 Managerial Accounting examines how accounting information is used within organizations to plan, monitor and control. Managers in all functional areas will have to deal with the management accounting system of the organization they work for. The purpose of this course is to ensure that you have a basic understanding of how such systems operate, the language they use and their limitations. CPA Adapted

    Prerequisites
    COMM 241 or equivalent with a minimum of 60%
    Credits
    3.00

    ADMN251 - Intermediate Accounting I

    ADMN 251 Intermediate Accounting I is the first part of a two-semester course dealing with theory and concepts as applied to financial reporting. Valuation and cost allocation problems applying to cash, receivables, inventories and investments, and property, plant, and equipment and finally Intangible assets form an integral part of this course.

    Prerequisites
    COMM 241 or equivalent with a minimum of 64%
    Credits
    3.00

    ADMN252 - Financial Management

    ADMN 252 Financial Management course examines the role of finance and the tools and environment of financial decision making. Topics include: time value of money, foundations for valuation, financial analysis and planning, management of current assets and liabilities, capital budgeting, risk and return, and personal finance. Together with ADMN 255 this course will enable the student to acquire the needed skills and knowledge to analyze common corporate financial decisions. These two courses will also provide a basis for further advanced studies.

    Prerequisites
    COMM 241 or equivalent with a minimum of 60%
    Credits
    3.00

    ADMN253 - Principles Of Income Tax I

    ADMN 253 Principles of Income Tax I course studies the nature and structure of the Income Tax Act, as it applies to individuals. Topics include determination of net income for tax purposes, taxable income and income taxes payable. Income from employment, business, property, capital gains and miscellaneous sources are included. Basic tax planning topics are examined.

    Prerequisites
    COMM 241 or equivalent with a minimum of 60%
    Credits
    3.00

    ADMN269 - Information Systems

    ADMN 269 Information Systems is an introductory course that covers the use of computer-based information systems in management and accounting. After completing this course, students will have the knowledge required to make informed decisions about the applications of information technology. (Adapted from CPA).

    Prerequisites
    COMM 241 or equivalent with a minimum of 60%
    Credits
    3.00
    Term 4

    ADMN254 - Intermediate Accounting II

    ADMN 254 Intermediate Accounting II builds on the financial accounting skills that you acquired in Financial Accounting I and Intermediate Accounting I.

     

    Intermediate Accounting II is an intermediate-level course that focuses on the liabilities and equities side of the statement of financial position along with topics such as accounting for income taxes, leases, employee benefits, earnings per share and accounting changes* (adapted from CPA)

    Prerequisites
    ADMN 251 or equivalent with a minimum of 60%
    Credits
    3.00

    ADMN255 - Corporate Finance

    ADMN 255 Corporate Finance introduces you to finance concepts and provides you with essential knowledge of various tools used in corporate finance. You will examine the corporate financial environment and its impact on decision-making, introductory finance concepts (including the time value of money, investing and risk management) and distribution of earnings. In addition, you will look at capital budgeting techniques and short-, medium- and long-term financing decisions* (adapted from CPA).

    Prerequisites
    ADMN 252 or equivalent with a minimum of 60%
    Credits
    3.00

    ADMN257 - Principles of Income Tax II

    ADMN 257 Principles of Income Tax II provides a study of the nature and structure of the Income Tax Act, as it applies to corporations, partnerships, deceased taxpayers, trusts and non-residents, with the focus on corporate taxation. A corporate tax return and relevant schedules are prepared to determine net income for tax purposes, taxable income and income taxes payable. The sale of an incorporated business, tax planning techniques and special topics are included.

    Prerequisites
    ADMN 253 or equivalent with a minimum of 60%
    Credits
    3.00

    ADMN272 - Commercial Law

    ADMN 272 Commercial Law is an introduction to law as it applies to business. The development of the courts and the machinery of justice will be outlined. A study will then be made of torts and negligence, and of contracts including their formation, interpretation, breach, assignment and discharge. Methods of carrying on business such as employer/employee, proprietorship, partnership, agency and incorporation will be introduced and compared.

    Prerequisites
    ADMN 170 or equivalent with a minimum of 60%, or successful completion of Year 1 of Law and Justice Studies.
    Credits
    3.00

    ADMN297 - Entrepreneurship

    ADMN 297 Entrepreneurship examines the process of researching and developing a business plan. A business plan provides a comprehensive framework for a firm's marketing, financing, and operational activities. Students will research and develop a business plan to assess the viability of a proposed business venture. Students will also learn to critically assess the viability of a business plan through completing a due diligence process.

    Prerequisites
    ADMN 250, ADMN 181 and TWC 165, or equivalent with a minimum of 60%.
    Credits
    3.00

    COOP101 - Business Co-op Work-term I
    Business Co-op Work-term I, COOP 101 is a (paid) work-term which fosters partnerships between students, employers and institution; to bring classroom learning into the workplace. Co-op Education is a process of education that formally integrates students' academic study with periods of related work experience. By connecting with employers, COOP 101 students will gain valuable hands-on experience related to their area of study within the School of Business.
    Prerequisites
    The student must have completed a minimum of one semester in the School of Business with a minimum cumulative GPA of 2.0, completion of all courses. Any student with one (1) or more failing grades must have Advisor approval to enter into a Co-op Work Term.
    Credits
    6.00

    COOP 101 Co-op Education Work Term is an optional course.

    COOP 101 Co-op Education Work Term (worth 6 credits) can replace any second-year course except ADMN 297 Entrepreneurship. In this option, the net increase in program credits is three.

    Elective

    ADMN399 - Directed Studies Business

    ADMN 399 Directed Studies Business involves students engaging in independent study, research, and practice related to a topic in business under faculty supervision.

    Prerequisites
    Program CGPA of 3.0 or above. Approval by School Chair.
    Credits
    3.00

    ADMN 399 Directed Studies (3) can replace a second-year course with school chair approval.

    Note:
    1. For students who started the program prior to Fall 2020, credit towards the graduation requirements will not be given for both ADMN 295 and ADMN 297, ADMN 170 and 171, or ADMN 291 and ADMN 259.
    2. ADMN 399 Directed Studies (3) can be used as an elective as described above. Alternatively, it can be added to the program to increase the total credit count. Replacing any course with ADMN 399 will not support any block transfer agreement. If adding ADMN 399 to the total program credit count, some block transfer agreements may limit block transfer to 60 credits. See program coordinator for details and implications.

    Tuition & Fees
    Domestic
    International
    Domestic
    2024/25
    Business Administration Accounting Finance – Diploma, Year 2
    Tuition
    $3,162
    Mandatory Fees
    $431
    Student Union Fees
    $455
    Total
    $4,048
    2025/26
    Business Administration Accounting Finance – Diploma, Year 2
    Tuition
    $3,225
    Mandatory Fees
    $439
    Student Union Fees
    $455
    Total
    $4,119
    International
    2024/25
    Business Administration Accounting Finance – Diploma, Year 2
    Tuition
    $13,300
    Mandatory Fees
    $633
    Student Union Fees
    $455
    Total
    $14,388
    2025/26
    Business Administration Accounting Finance – Diploma, Year 2
    Tuition
    $13,950
    Mandatory Fees
    $844
    Student Union Fees
    $455
    Total
    $15,249

    All amounts are estimates and are subject to change. Tuition amounts are based on a full-time course load. Please note that many programs have additional costs beyond those listed here. For more information, please visit Tuition & Fees.

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