Business Administration Diploma Allows for Further Education

If you’re looking to attend a Business Administration diploma program that not only prepares you for the field but also connects you with university programs should you want to pursue further education, look no further Centennial College. The three-year program trains students for careers in: personnel management, general administration, sales, purchasing, accounting and finance, general and public administration, and small business or franchise management. In addition, qualified students interested in continuing their education upon graduation can do so through articulated programs with selected universities, institutes and professional associations. These partnerships allow graduates to apply academic credit towards further study. Partners of this Business Administration college program include: Ryerson University, Athabasca University, Algoma University, Royal Roads University, University of Lethbridge, Davenport University and University of New Brunswick. 

How exactly does Centennial College get students from novices to Business Administration experts? First and foremost, a team of professors with strong academic backgrounds and extensive business and management experience delivers the business administration training. Secondly, the offering is designed in a way that ensures students graduate with a solid understanding of the macro-environment of business, the industry-specific contexts of a variety of business enterprises and the economics of particular industries.

Students also learn the range of tasks and managerial practices in all the areas of business including: finance and accounting, management information systems, general management leadership, operations management, human resources management, marketing, international business, entrepreneurship, supply chain management and project management.

All courses in the Business Administration diploma offering combine both theory and practical training. As such students learn through extensive case analyses, rigorous problem solving, business presentations and directed research. To ensure students are comfortable upon graduation, technology-supported learning is offered in-and-out of the classroom. Another real-life aspect of this program is the exposure students get to the management practices of leading companies in the world. This guarantees that students are ready if hired by one of these companies upon graduation. 

Specific courses within the Business Administration training include: Business Strategy (demonstrates the use of accounting information to make better judgments and decisions about the organization); Developing a Business Plan (familiarizes students with small business ownership as a career option, to assist students - individually and collectively - to critically analyze small business situations and to have them prepare a business plan for a new venture of their choosing); Management Principles (participants utilize a variety of analytical and ethical frameworks to analyze problems and produce viable solutions. They critically assess and apply different planning, organizing, leading and controlling strategies in a variety of organizational and environmental settings); and more.

In order to graduate with a Business Administration diploma, students must achieve a minimum C grade average and 2.0 GPA. 

To apply for Centennial College’s Business Administration training applicants are required to have completed at minimum an Ontario Secondary School Diploma (OSSD) or equivalent, or have mature student status (19 years or older). In addition, they must have finished the English Grade 12 C or U or equivalent, or skills assessment; Math Grade 11 C, M or U, or Grade 12 C or U or equivalent or skills assessment; and Math 11C, M or U, or 12C or U or skills assessment, or equivalent.

Obtain a Business Administration Diploma in Just Three Years

“It’s a program that covers all of the key areas of business — so everything from human resource to marketing, operations and internationals business,” says Deborah Warren the coordinator of Business Administration training at Centennial College. “We also offer a work placement, which allows students to work for three semesters in an organization. They have to go through a whole interview process just the way they would if they were looking for a full-time position. What we find is our students have a tendency to go out and work in a variety of areas: Some go on to open their own business, some are in management, and we also have a lot of customer service representatives. We’re really quite a broad program in terms of what we offer students and where they can go after they graduate.”

While Ms. Warren gives a great overview of the program, let’s take a look at the specifics. The three-year Business Administration diploma offering is aimed at those whose ultimate goal it is to become front-line managers in business across any type of industry. To apply, Centennial College expects students to have completed at minimum an Ontario Secondary School Diploma (OSSD) or equivalent or be 19 years of age or older. They are also required to have the compulsory English 12C or U credit or skills assessment, or equivalent and the Math 11C, M or U, or 12C or U credit or skills assessment, or equivalent.

Throughout the Business Administration diploma program, emphasis is placed on sound theoretical grounding, critical thinking and analysis, rigorous problem solving, effective business presentations, relevance and application to the world of business management.

The program is designed to ensure that students graduate with a solid understanding of the macro-environment of business, the industry-specific contexts of a variety of business enterprises and the economics of particular industries. Students also learn the range of tasks and managerial practices in all the areas of business including: finance and accounting, management information systems, general management leadership, operations management, human resources management, marketing, international business, entrepreneurship, supply chain management and project management. Specific business administration diploma courses include: Mathematics of Finance (through classroom instruction, students will review basic algebra as applied to business issues. Student are also introduced to the common practices in consumer finance as used by Canadian companies); Financial Accounting (introduces simple tools to allow students to analyze financial information and explain the information contained in the financial statements in their future roles as managers, investors, or other users of financial accounting information); Management Principles (critical thinking in assessing both management theory and practice is stressed throughout the course); and more.

In order to graduate with a business administration diploma, students must achieve a minimum C grade average and 2.0 GPA.

Crunch Numbers to Ensure the Success of a Company as an Accountant

A large part of the success of any company comes from the job done by its accounting department. This financial sector of the industry analyzes financial information and prepares financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization. In other words, accountants crunch numbers to ensure that the financial aspect of a company is at its best.

While we often associate accounting with tax time, accountants are responsible for much more than just filling out your tax forms at the end of the year. These professionals have a multitude of tasks within small businesses, large companies or in the personal finances of individuals. At the base of their jobs, accountants keep records that document every financial aspect of the company so that problem areas can be pinpointed and corrected. They also handle payrolls and sales, perform audits, analyze a business’s ledger and operations, develop budgets, prepare forms and manuals for accounting and bookkeeping personnel, advise in areas such as compensation, employee health care benefits, the design of accounting and data processing systems and more; investigate bankruptcies, and much more. According to the Bureau of Labor Statistics, most accountants made between $42,520 and $71,960 a year in 2006. The lowest-paid accountants earned less than $34,470, while the highest-paid earned $94,050 a year.

There are a few qualities that will help to make a person a successful accountant. Of course, mathematical aptitude and strong analytical skills top the list of must-have attributes. Second, as accounting is an exceptionally time-sensitive job (especially when it comes to employee compensation), these professionals should also possess organizational and multitasking skills. Another attribute of a successful accountant is being detail-oriented. In this profession, small errors such as the incorrect placement of a decimal point can result in big financial losses. Lastly, accountants should be comfortable with their ability to use spreadsheets and database programs. They should also have familiarity with common accounting software.

Luckily, there is a program that teaches all those skills and more. Centennial College’s three-year Business Administration – Accounting program provides the rigorous training that students need to be successful. By offering courses in financial accounting, management accounting, taxation auditing, corporate finance and computers, students are guaranteed to have well-rounded knowledge by the end of the program. The topics that are covered serve to help students develop a strong foundation in problem solving, communications, math, analysis and other business functions. Classes are taught in lab environments that are fully equipped with an integrated network of computer systems so any computer courses are hands-on, allowing students to develop proficiencies with industry standard accounting software such as Simply Accounting and ACCPAC for Windows and SAP. Another aspect of the Business Administration – Accounting program that ensures student success is flexibility in curriculum design. For more important features, check out the Accounting program’s benefits page, which also has information on its educational partners.

To enjoy all that the Business Administration - Accounting program has to offer, students must present at minimum an Ontario Secondary School Diploma (OSSD) or equivalent or be 19 years of age or older during the application process. They must also possess the compulsory English 12C or U, or skills assessment, or equivalent and Math 11C, M or U or 12C or U or skills assessment, or equivalent.

In Business Administration, You’ll steer People towards Success

If you love the process of organizing and directing people, resources and activities towards a common goal or objective, then Business Administration might be the field for you. This field consists of the performance or management of business operations and involves implementing major decisions.

Centennial College offers a three-year Business Administration program that sees you graduate with an Ontario College Advanced Diploma. The undertaking is aimed at those whose ultimate goal it is to become front-line managers in business across any type of industry. It is designed to provide knowledge, skills and competencies through a combination of theory, hands-on training, extensive case analyses, rigorous problem solving, business presentations and directed research. Students will find that the Business Admin program covers all areas of business and management with technology-supported learning and team projects that simulate real-life situations. Another real-life aspect is the exposure students get to the management practices of leading companies in the world. Therefore, they are comfortable if hired by one of these companies upon graduation. Specific understanding that students obtain through the program includes: the macro-environment of business, the economics and contexts of particular industries and the range of tasks in managerial practices across all areas of business. Courses include titles such as Developing a Business Plan, Corporate Finance, Management Information Systems, Quantitative Methods, Management Accounting and many more. Once training is complete, students have the opportunity to pursue further studies in business administration at the degree level at universities through articulation agreements negotiated by the School of Business. You can check out the list of associated schools by visiting the Business Administration benefits page.

However, before applying to the Business Administration program, Centennial College expects students to possess and present at minimum an Ontario Secondary School Diploma (OSSD) or equivalent or be 19 years of age or older. They are also required to have the compulsory English 12C or U credit or skills assessment, or equivalent and the Math 11C, M or U, or 12C or U credit or skills assessment, or equivalent.

Once you’ve been accepted, successfully completed all your courses and graduated with a minimum C grade average and 2.0 GPA, you’ll be ready for the workforce. Graduates create long-lasting careers in: personnel management, general administration, sales, purchasing, accounting and finance, general and public administration and small business or franchise management. During their time in the Business Administration program, students will have discovered their niche and will be able to obtain jobs across the board. One popular option for graduates is becoming a personnel manager. This is a term describing any number of jobs that manage the hiring and developing of employees in an organization. Some of these jobs include human resources manager, compensation and benefits manager, training and development manager, and human resources generalist. Job responsibilities vary by title. For example, compensation and benefits managers may administer the company’s health and retirement plans, while training and development managers handle workshops and other educational development opportunities for employees. If a smaller company employs you as a human resources generalists, you may handle all of these responsibilities. Another job option within Business Administration is general administration. These professionals may be responsible for allocating office space, supporting services and staff, overseeing office maintenance duties and purchasing supplies and equipment. Some also prepare and negotiate contracts with supply and material vendors.