Business Ontario College Diploma

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  • Objectives
    The core curriculum of this two-year Ontario College Diploma program provides you with the broad base of skills necessary to succeed in today's business environment. You then tailor the program to suit your individual needs and goals through a wide variety of electives. This program is designed to give you a maximum flexibility in career choice.
  • Practical experience
    This program features a practical, hands-on approach, incorporating the use of current technology and business application software in a simulation of the real world of business.
  • Academic title
    Business Ontario College Diploma
  • Course description
    Level 1    Credits
    Take all of the following Mandatory Courses:
    • ACCT-1004    Principles of Accounting 1     4.00
    • MATH-1052    Business Math     3.00
    • BUSI-1060    Strategies for Success     1.00
    • WRIT-1032    Reason & Writing - Business 1     3.00
    • MKTG-1012    Principles of Marketing I     3.00
    • BUSI-1005    Introduction to Business Processes     3.00

    Level 2    Credits
    Take all of the following Mandatory Courses:
    • BUSI-1070    Small Business Ownership     3.00
    • FINA-1031    Financial Management Applications     3.00
    • COMM-3020    Professional Communication     3.00
    • COMP-3077    Excel for Business-Adv     3.00
    • BUSI-1068    Effective Meetings & Presentations     3.00
    • FINA-1037    Taxation     3.00

    Level 3    Credits
    Take all of the following Mandatory Courses:
    • MATH-1175    Financial Math     3.00
    • ECON-1019    Contemporary Issues in Economics     3.00

    Level 4    Credits
    Gen Ed - Take a 3 credit General Education elective course
    Take all of the following Mandatory Courses:
    • LAWS-3018    Ethics and Law     3.00
    • MGMT-3005    Strategic HR Management     3.00

    Electives
    Take 7 of the following courses:
    ACCT-1011 ACCT-1015 ACCT-1068 ACCT-1069
    ADMN-1013 ADMN-1014 ADMN-3006
    BUSI-1066 BUSI-1071 BUSI-1092 BUSI-3004
    BUSI-3013 BUSI-3014 BUSI-3022 BUSI-3023
    BUSI-3026 COMP-1389 COMP-3054 ECON-1002
    ECON-1005 FDMG-1039 FINA-1004 FINA-3030
    INSR-1001 MATH-0013 MATH-1080 MGMT-3009
    MGMT-3041 MGMT-3042 MGMT-3011 MGMT-3021
    MGMT-3048 MGMT-3053 MGMT-3054 MKTG-1013 MKTG-1027
    MKTG-1028 MKTG-3007 MKTG-3022 PRCH-1007 PRCH-3015

    • ACCT-1011    Principles of Accounting II     5.00
    • ACCT-1015    Management Accounting     3.00
    • ACCT-1068    Introduction to Payroll     3.00
    • ACCT-1069    Quickbooks     3.00
    • ADMN-1013    Office Procedures & Strategies     4.00
    • ADMN-1014    Administrative Documentation 1     4.00
    • ADMN-3006    Administrative Documentation 2     4.00
    • BUSI-1066    Customer Service     3.00
    • BUSI-1071    The Business of Real Estate     3.00
    • BUSI-1092    The Greening of Business     3.00
    • BUSI-3004    Critical Thinking     3.00
    • BUSI-3013    Small Business Entrepreneurship     3.00
    • BUSI-3014    Small Business Simulation     3.00
    • BUSI-3022    Foreign Exchange Peer Project     2.00
    • BUSI-3023    Foreign Exchange Language Studies     3.00
    • BUSI-3026    Business Plan Creation     3.00
    • COMP-1389    Business Web Design     3.00
    • COMP-3054    Desktop Publishing     3.00
    • ECON-1002    Economics I     3.00
    • ECON-1005    Economics II     3.00
    • FDMG-1039    Dining for Professional Success     3.00
    • FINA-1004    Finance I     3.00
    • FINA-3030    Tax Planning     3.00
    • INSR-1001    Fundamentals of Insurance     4.00
    • MATH-0013    Calculus & Vectors     3.00
    • MATH-1080    Statistics for Marketing     3.00
    • MGMT-3009    Recruitment and Selection     3.00
    • MGMT-3041    Organizational Behaviour     3.00
    • MGMT-3042    Training & Development     3.00
    • MGMT-3011    Project Management     3.00
    • MGMT-3021    Ethical Issues in Business     3.00
    • MGMT-3048    Compensation & Benefits Administration     3.00
    • MGMT-3053    Supervisory Management     3.00
    • MGMT-3054    Retail Management     3.00
    • MKTG-1013    Retail Merchandise Management I     3.00
    • MKTG-1027    Principles of Marketing II     3.00
    • MKTG-1028    Secondary Market Research     3.00
    • MKTG-3007    Selling Fundamentals     4.00
    • MKTG-3022    Graphic Design     3.00
    • PRCH-1007    Buying-Intro     3.00
    • PRCH-3015    Operations Management     3.00

    Gen Ed - Electives
    Take 3 General Education Credits -
    Normally taken in Level 4

    ACCT-1004 -  Principles of Accounting 1

    This course introduces the student to the subject of Accounting and is designed to teach the student an essential life skill. The course focuses on the concept of accounting and its connection to students’ financial well being. The student will learn a basic understanding of accounting and its importance to business success.

    ACCT-1011 -  Principles of Accounting II

    This course is a continuation of the study of Financial Accounting at an introductory level. Students will cover additional material related to:- Asset, liability, and owners'/shareholders' equity accounts- Accounting for partnerships and corporations- Analysis of financial statements, including balance sheet and income statement- Retained earnings and cash flow

    ACCT-1015 -  Management Accounting

    This introductory course emphasizes management accounting topics such as financial statement analysis, budgets, nature of costs etc. This will allow the student to understand the role of accounting in business and how accounting data is used in the decision making process.

    ACCT-1068 -  Introduction to Payroll
    Students will learn the basics of payroll practices and procedures including, an overview of the payroll function, employment standards, earnings, taxable benefits, pension plans, employment insurance, taxation, calculating net pay, and completing a record of employment. Current payroll software will be used.

    ACCT-1069 -  Quickbooks
    QuickBooks is designed for the small to midsized business owner. Learn how this program can make it a snap to set up a chart of accounts, create and print invoices, receipts, and statements, track your receivables, payables, and inventory, and generate reports.

    ADMN-1013 -  Office Procedures & Strategies

    In addition to an in-basket simulation, studentswill learn the importance of customer service,telephone techniques, telework, mail processing,and reprographics. A strong emphasis will beplaced on learning electronic and manual recordsmanagement, managing an Outlook account, preparingfor employment, and providing exceptionaladministrative support in today's officeenvironment.

    ADMN-1014 -  Administrative Documentation 1

    Keyboarding speed, accuracy and technique combinedwith electronic file management and basic Internetresearch are essential skills required foreffective computer usage. Proper keyboarding,grammar, and proofreading techniques will betaught and reinforced. Introductory wordprocessing concepts and commands will be appliedto the production of business documents.

    ADMN-3006 -  Administrative Documentation 2
    Students will continue to build text and datainput speed and accuracy required to meet multipledeadlines encountered in subsequent courses, aswell as in today's business environment. Properkeyboarding, grammar, and proofreading techniqueswill be reinforced. Intermediate word processingconcepts and commands will be applied to businessdocuments.

    BUSI-1005 -  Introduction to Business Processes
    The purpose of this course is to explore the various functional areas of business in Canada and to demonstrate the interrelationship among these areas. Students are introduced to many concepts, including major business trends, the role of government in business, marketing, operations, employee-management issues, financial resources management, business ethics, social responsibility and community-related philanthropy.

    BUSI-1060 -  Strategies for Success

    This course presents and helps to develop some of the skills required to achieve college and career success. Areas of focus include: goal-setting, time management, note-taking from texts and lectures, study skills, test preparation strategies, and managing college life.

    BUSI-1066 -  Customer Service
    This course covers the concepts and skills needed for success in today's business environment including verbal and non-verbal communication, listening skills, and time management. Emphasis is placed on dealing with customer service problems, how to handle conflicts, stress and service expectations in a diverse culture.

    BUSI-1068 -  Effective Meetings & Presentations
    The primary objective of this course is to provide students with an opportunity to develop many of the business skills that the School of Business aims to cultivate in each student. Those skills include critical thinking and problem solving; verbal and written communication skills including the effective use of PowerPoint and multimedia; team work; personal initiative; business research and analysis; and ethical, social, historical, and global awareness. To help students develop these skills, the course will involve team work, presentations, role playing in simulated business meetings using Robert’s Rules of Order, class participation, and tests.

    BUSI-1070 -  Small Business Ownership

    Welcome to the world of small business! Obtain the knowledge required to plan, start and manage your own small business. Topics covered include preparing the business plan and the long-term management of the business, including development of the entrepreneur. This course will give you insight into the challenges and rewards of being a small business owner and help you decide whether small business ownership is right for you.

    BUSI-1071 -  The Business of Real Estate
    This course is an introduction to a broad overview and ‘general understanding’ of the residential real estate industry. The first section is an introduction to what is involved in Property Ownership, Real Estate Investment, property development, asset management and doing a ‘profit plan’ in advance. The middle section introduces the student to the Business side of Real Estate and the important technical details of Financing, Legal, Tax, and Insurance aspects as well as Buying, Selling, and the Negotiating process, the benefits of a Real Estate Agent, and analyzing the Residential Offer to Purchase Agreement. The last section is an introduction to the Profession; Industry structure, Brokers, Agents, Buyers and Sellers new legal rights and Agent’s Professional obligations, MLS listings, which will result in the student having a ‘value-oriented framework‘ with a set of valuation and decision making tools, that can be applied in a number of real world situations from personal to business.

    BUSI-1092 -  The Greening of Business

    This is it! Your guide to the environmentallyfriendly business.

    BUSI-3004 -  Critical Thinking
    Critical Thinking is the general term given to a wide range of cognitive skills needed to evaluate arguments and truth claims, discover and overcome personal prejudices and biases, formulate and present convincing reasons in support of conclusions and make reasonable, intelligent decisions about what to think and what to do. The general purpose of this course is to assist you in developing these intellectual skills and dispositions, in order to apply the reasoning process to various fields such as business, science, social science and ethics.

    BUSI-3013 -  Small Business Entrepreneurship

    Should you become a small business owner? Do you want to know how small business can compete effectively in today's marketplace? Examine the risks and rewards of ownership by participating in panel discussions and interviews with successful small business owners, plus explore ideas that can make your small business more competitive. Explore alternate methods of getting your own business, from buying an existing business or franchising to taking over the family business. You get the benefit of years of experience and new insights for success.

    BUSI-3014 -  Small Business Simulation
    Students will apply the business knowledge they have gained throughout the first three semesters of the curriculum in a (computerized) simulated business environment to test their knowledge and abilities as a business owner/manager. Working initially individually, then moving into teams, students will use business information to plan, execute and analyze strategies to achieve business success.

    BUSI-3022 -  Foreign Exchange Peer Project
    Fanshawe students studying at HZ University of Applied Sciences in the Netherlands on the one semester student exchange program may select the Peer Project, an HZ course designed to bring together students of all nationalities to foster understanding and cooperation.

    BUSI-3023 -  Foreign Exchange Language Studies
    Fanshawe students studying at HZ University of Applied Sciences in the Netherlands on the one semester student exchange program may select a foreign language elective offered by the university.

    BUSI-3026 -  Business Plan Creation
    Students will prepare a comprehensive businessplan for a viable new business venture.

    COMM-3020 -  Professional Communication
    This course develops students’ literacy and professional communication skills. Students focus on key issues and convey relevant meaning in oral and written formats. Main topics include writing in a variety of short report and other relevant business documents (like letters, memos, short reports); communicating in groups (including meetings); awareness of multicultural communication and diverse audiences; the job search (including résumés and cover letters); business rhetoric in speaking and writing; summarizing and evaluating current business-related readings; delivering oral presentations; researching and documenting research reports applying an acceptable documentation style to written material; and self-editing skills. Students use a computer lab for writing assignments throughout this course.

    COMP-1389 -  Business Web Design
    This course is designed to introduce the student to the tools and facilities of web design: page composition, XHTML, CSS, web design and code validation. Students will use these software technologies together to produce web design projects. Students will cover the Web design/development process, with Adobe Dreamweaver as the primary Web development tool. Topics covered include basic and enhanced site structure, local and remote site management, optimization of graphics and search engine optimization.

    COMP-3054 -  Desktop Publishing
    Students will design flyers, ads or other publications using Adobe in Design. Students will be introduced to broad concepts such as handling type, images and colour. Basic design principles used by professional graphic artists will be reviewed and put into terms that everyday people can understand and relate to. The different levels of publications, from basic to advanced professional, and what software and technology is appropriate for success at each level will be covered.

    COMP-3077 -  Excel for Business-Adv
    Modern spreadsheet programs perform far beyond simple number crunching. The functionality of Microsoft Excel continues to move the application into new venues such as visual interactive data presentations or sales proposals. Given the now commonplace nature of the program, it is crucial that all business minded professionals have a comprehensive knowledge of MS Excel. In this course, you will observe, practice, and apply MS Excel 2003 at the expert level. The textbook is approved courseware for the Microsoft Office Specialist (MOS) certification program. Upon successful completion of this curriculum, students will be trained in MS Excel 2003 at the highest attainable MOS achievement level. MOS testing is available at certified testing centers across Canada.

    ECON-1002 -  Economics I
    Economics I is an introductory microeconomics course which covers a broad curriculum of microeconomic principles. Students will study the foundations of economic choice, market pricing, consumer behaviour, business decision making, market structure and policy development in a small open economy like Canada.

    ECON-1005 -  Economics II
    This is an introductory macroeconomics course. Basic economic theories will be examined and applied to a small mixed economy operating in a global environment.

    ECON-1019 -  Contemporary Issues in Economics

    This course introduces students to the structure and function of our economic system. The course will develop an understanding of the principles of both micro and macroeconomic activity through modeling and analysis. Students will examine the role that households (consumers), industry (producers) and governments play in a modern economic system and how the decisions by these different levels affect all of our lives. The course is structured to provide insight through lectures, discussions and current events.

    FDMG-1039 -  Dining for Professional Success
    Enjoy the tastes, sounds and aromas as you dine each week. This exploration of culture and customs in various national dining practices is designed to create an awareness of and develop sensitivity to different cultural behaviors and customs, especially for students traveling outside their own country or who will be dealing with people of other countries or cultures. Students will explore the influence of culture, religion, geography and history on dining practices around the world.

    FINA-1004 -  Finance I

    A general education course developed to provide students with the fundamental financial life skills so that they can make educated financial management decisions over the course of their lifetime. The emphasis is on those financial life skills that are of particular relevance in the early stages of the financial management life cycle.

    FINA-1031 -  Financial Management Applications

    The purpose of this course is to give students an opportunity to understand and use the financial statements and reports of both unincorporated and incorporated small businesses, namely the Income Statement, Balance Sheet, Statement of Cash Flows, Pro Forma Statements and Cash Budgets. Students will perform analysis, prepare projections and improve their skills in the managing of small business financial affairs.

    FINA-1037 -  Taxation

    Designed to provide students with an understandingof the objectives, principles and administrationof income taxation, this course covers employment,business, property, capital gains, other income,deductions, tax credits and the calculation oftaxes payable for individuals resident in Canada.Upon successful completion of the course, thestudent will be able to prepare a T1 tax returnusing commercial software.

    FINA-3030 -  Tax Planning
    This course continues to look at the Canadian income tax system as it pertains to individuals. It explores advanced concepts related to personal tax affairs and tax planning strategies.

    INSR-1001 -  Fundamentals of Insurance
    The objective of this course is to introduce students to the principles and practice of insurance by showing the multi-faceted nature of the insurance business, dealing with risk and how insurance responds to it, looking briefly at some of the law that deals with insurance, introducing many of the terms and practices commonly encountered in the business, and outlining the basic policy coverages for automobile and property insurance.

    LAWS-3018 -  Ethics and Law
    An examination of the principles of Canadian business law with a focus on commercial purchasing issues including contract, personal and commercial liability and fiduciary obligations.

    MATH-0013 -  Calculus & Vectors

    This course covers geometric and algebraicrepresentations of vectors and representations oflines and planes in three-dimensional space. Othertopics include derivatives of polynomial,exponential, rational and radical functions andapplications including rates of change.

    MATH-1052 -  Business Math

    This course provides a review of basic arithmetic and algebra as well as providing students with mathematical tools and concepts needed for other college courses and in future employment. This course is to prepare students for later courses in Marketing, Business, Financial Planning, Accounting, Purchasing and Insurance.

    MATH-1080 -  Statistics for Marketing
    This course is designed to provide students with an understanding of statistics. It includes regression analysis, probabilities and distributions, sampling, statistical estimation, and hypotheses testing. These statistical measures will evaluate quantitative and qualitative data from marketing surveys. Data analysis is part of the marketing research process and will prepare the student for the use of the computerized data analysis program (SPSS).

    MATH-1175 -  Financial Math
    This course explains the time value of moneycalculations used in Financial Math. It coverstopics such as simple interest, compound interest,annuities - simple and general, bonds and costbenefit analysis.

    MGMT-3005 -  Strategic HR Management
    This course will emphasize the importance of human resource management from a strategic perspective by providing students with an overview of the issues, functions and responsibilities of today's HR professional. Students will gain the ability to analyze and develop HR practices and policies that include planning, recruiting, selecting, training, motivating, rewarding, evaluating and providing feedback. Such activities enable today's HR professionals to create and maintain highly effective, efficient and empowered organizations.

    MGMT-3009 -  Recruitment and Selection
    This course will assist the student in developing skills in recruitment, interviewing and orientation. Other topics will include learning the best methods for attracting potential employees, selecting people, establishing criteria for hiring, conducting the screening process, and evaluating application forms, letters and resumes.

    MGMT-3011 -  Project Management
    Project management is about meeting unique challenges. Project management involves understanding and managing the relationships between people and technology, and the scarce resources of time and money. This course will provide practical theories for the successful development, implementation and evaluation of projects to meet the strategic and operational goals/objectives of an organization. Students will be introduced to a variety of principles, practices, tools and resources they can use to manage both workplace and personal projects

    MGMT-3021 -  Ethical Issues in Business
    An introduction to the study of ethics in business using the Case Study Method. Organizations which are supportive of a positive ethical culture enjoy critical competitive advantages, such as a good reputation and the respect and support of their clients, employees and other stakeholders. This course is designed to assist employees in developing and understanding a framework with which to make ethical decisions. Cases will be drawn from real business situations. Research papers and case studies will be used to formulate the discussion topics.

    MGMT-3041 -  Organizational Behaviour
    Whether working in private/public sectors, profit or not-for-profit institutions, OB theories apply to everyone. This course investigates how individuals, groups and structure affect behaviour within organizations. Discussions include: history of OB, evolution of organizational structure, design and culture; work place productivity, employee skills and technology demands; conflict resolution; interpersonal skills; legislation as it relates to workplace discrimination and harassment; leadership; manage change and power/politics.

    MGMT-3042 -  Training & Development
    Students will learn how to identify training needs, develop and evaluate training programs, and training delivery techniques. In addition, students will learn about the importance of training programs and how they contribute to the corporate well being and development of an organization and its employees.

    MGMT-3048 -  Compensation & Benefits Administration
    This course will provide students with an understanding of the process, issues, and techniques involved in administering a compensation system. Students will learn both the theoretical and applied aspects of the compensation function; the linkage between the compensation function and the organizational management process; and the compensation system design necessary to attract, retain and motivate the required workforce.

    MGMT-3053 -  Supervisory Management
    Are you up to the challenge of supervising others? This course will help you understand the principles of effective leadership and will help you acquire the skills necessary to act in a supervisory capacity in business, government, and industrial settings.

    MGMT-3054 -  Retail Management
    Canada ranks third in the world in consumer spending, making retail management critical in the Canadian economy. This course discusses the management principles, concepts and modern practices related to the field of retail management. Special emphasis is placed on the theoretical concepts and practical applications required to make managerial decisions in a retail environment. Everything from location analysis to operations and image will be examined.NOTE: Prior credit in MKTG-1013 would be beneficial for the successful completion of this course.

    MKTG-1012 -  Principles of Marketing I
    This course is designed to provide an overview of the decisions that face Marketers in today's fast-paced and competitive business environment. Students will learn that marketing is not only advertising but a broad set of activities designed to satisfy consumer needs and wants. Students begin by examining the information Marketers require for effective decision-makingin order to develop effective marketing strategies. Students will then study product planning, channel system management, integrated communications and pricing policies.

    MKTG-1013 -  Retail Merchandise Management I
    This course introduced students to various concepts and calculations related to profitable merchandising. The course will introduce fundamental principles and techniques of merchandising mathematics that can be applied to solve specific retail merchandising problems. With retail businesses having a major role to play in the economy, the concepts presented will assist management to properly price, discount, and value inventory. NOTE: Basic mathematical skills are required in order for the student to be successful.

    MKTG-1027 -  Principles of Marketing II

    Principles of Marketing II resumes where principles of Marketing I finished and covers the fundamentals of marketing in more depth. Designed for Business Marketing students, the course will test students' ability to synthesize data, analyze ambiguous information, and make decisions through chapter case studies. Students are exposed to in-depth decision making challenges related to ethical dilemmas in marketing, brand management, logistics, pricing and integrated marketing communications. The practical component of the course involves the assembly of a complete marketing plan.

    MKTG-1028 -  Secondary Market Research

    This course provides an introduction to marketing research. It focuses on the collection, analysis and reporting of secondary data (data that has already been published) for planning, evaluating and improving marketing programs. Secondary data is used to answer questions about the size and segmentation of markets, competitor strategies, media effectiveness and changing customer needs. Students will be introduced to paper-based, database and Internet sources of marketing data and information and will complete a research project.

    MKTG-3007 -  Selling Fundamentals

    A course to demonstrate skills of selling such as: awareness of buyer behaviour, ability to organize an effective sales presentation, ability to present an effective sales presentation and comprehension of skills and attitudes essential to the successful salesperson.

    MKTG-3022 -  Graphic Design
    This course is designed to give you a solid foundation in the world of graphic design. You'll be introduced to broad concepts such as handling type, images, and color. You will learn how to create, manipulate, and retouch photos using the industry-leading software, Adobe Photoshop. With Adobe Illustrator you will learn how to create artwork for illustrations, logos, stationery, and page layouts, using this vector based application.

    PRCH-1007 -  Buying-Intro

    This course introduces an overall view of the functions of the purchasing profession. The management and organization of the procurement cycle is the focus of this course. Topics will include the acquisition of materials and services, e-commerce, sourcing of suppliers, supplier selection, price determination, global supply management, public purchasing and investment recovery. The importance of the purchasing profession within various organizations will be emphasized.

    PRCH-3015 -  Operations Management
    This course is an introduction to the field of operations management. The practical applications of operations in both manufacturing and service operations will be emphasized. Topics will include operational strategy and the impact on customer satisfaction.

    WRIT-1032 -  Reason & Writing - Business 1

    This course will introduce business students to essential principles of reading, writing, and reasoning at the postsecondary level. Students will identify, summarize, analyze, and evaluate multiple short readings and write persuasive response essays to develop their vocabulary, comprehension, grammar, and critical thinking. This course will also introduce students to selected business terms.

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