In the business environment, accounting and financial information are essential for internal and external decision-making. Therefore, understanding the basics of accounting and financial statements are important for every business graduate. This course provides an introduction to the fundamental principles and concepts of accounting with an emphasis on decision-makers' objectives and use of financial information. Key concepts explored include accounting principles and standards, the complete accounting cycle, recording and reporting business transactions, and preparing and analyzing financial statements.

Learners are recommended to complete the Business Math Skills Self-Assessment (https://bowvalleycollege.ca/schools/chiu-school-of-business/MSA) prior to taking this course.

Note: Learners with prior credit in ACCT1101 and ACCT1102 cannot take ACCT1103.

The central theme of the course focuses on the relationship between thinking, human behaviour, and organizational effectiveness. Opportunity is provided for learners to experience incidental learning as they evaluate their own behaviour. Learners explore how concepts and ideas pertaining to human behaviour can transform self, relationships, and the workplace.

Learners apply their knowledge of human resource functions through multiple stakeholder lenses while aligning functions to an organization's vision and strategy. Utilizing business scenarios, learners transition through the employment cycle adhering to legal requirements, ensuring health and safety in the workplace, and building positive work culture initiatives.

With today's dynamic business climate and diverse workforce, the demands of managers to engage employees, be innovative, and be adaptive have become paramount to organizational effectiveness. As a result, managers are required to demonstrate a diverse range of skills which include, but are not limited to: planning and strategic management; effective decision-making and critical thinking; organizing human capital to facilitate efficient and effective work-practices; fostering positive influence to engage a diverse workforce with a focus on employee wellbeing, satisfaction, and performance; and implementing controls to establish and measure performance. This course provides the opportunity for students to explore key management concepts and the multi-faceted role of a manager within an organization.

Introduction to organizations and sustainability articulates a management approach to integrating economic, ethical, and environmental responsibilities into all aspects of organizations working to benefit society. Learners examine ethics of business and constructs of morally appropriate behavior concerning decision-making and businesses' relationship with the community. Concepts and practical approaches are used to discuss and integrate sustainability criteria with business requirements, including performance management and evolving strategies as business needs change.

This course enhances a learner's confidence in business communication skills, preparing them for a professional career. Learners use strategies and techniques to develop effective communication while using digital tools. Through practical exercises focused on real-world dynamics, learners also develop interpersonal skills essential for today's workforce. Learners are required to participate in groups for developing collaborative competence.

The allocation of scarce resources in the face of unlimited wants and needs is at the core of economics. This course introduces the fundamentals of microeconomics and creates the foundation for economic analysis and thinking. The course starts with the study of individual choice and opportunity cost, then proceeds to introduce supply and demand and the market adjustments leading to equilibrium, and addresses the use of market price and the sources of market failure. It transitions to consumer behaviour focusing on how consumers make decisions, while creating a framework to understand how firms optimize production under different market structures. The course concludes with the application of microeconomic theory to more advanced topics such as international trade, marginal analysis and the trade-off between equity and efficiency.

Learners are recommended to complete the Business Math Skills Self-Assessment (https://bowvalleycollege.ca/schools/chiu-school-of-business/MSA) prior to taking this course.

A basic understanding of key elements of the law is an essential factor in successful business management. Learners apply legal fundamentals useful in today's fast-paced, rapidly changing business environment.

Learners critically evaluate day-to-day economic subjects in a personal and business context. Throughout the course the economy is examined at the aggregate level with an emphasis on the determination and measurement of national income in the short and long run. The role of households, businesses, government, financial intermediaries and the international sector in influencing national income is examined. Learners analyze business cycles, money and banking, inflation, unemployment, exchange rates, and fiscal and monetary policies.

Learners are introduced to concepts aimed at providing a solid foundation of marketing principles and the role marketing plays in business. Emphasizing a holistic approach, learners have the opportunity to analyze and apply the marketing mix. Key concepts include product, price, placement, and promotion (4Ps), the Integrated Marketing Communications Mix (IMC), market research, and consumer behaviour.

This course explores the concepts and key fundamentals of managerial accounting used for planning, controlling, and measuring operations. Focus is on short-term management decision-making and the techniques, methods, and systems of performance reporting and evaluation used to assist management. Learners explore a variety of costing systems, cost-volume-profit relationships, budgeting, and variance analysis, which are essential to understanding business operations.

This course covers the fundamentals of business strategy theory and application of the frameworks. Learners integrate the knowledge gained in previous business courses and demonstrate how the various pieces of the business puzzle fit together. Learners explore why the different parts of an organization need to be managed in strategic harmony to meet its goals within its competitive environment. A pragmatic approach to developing a strategic analysis skill set is followed. Learners work in multi-disciplinary teams from across the business majors to focus on building long-term strategies for organizations.

This course identifies the role of human resource professionals within the context of change management theories. Learners analyze and apply change management theories and strategies to different business scenarios. Focus is directed toward the change process which includes initiation, through to maintaining the change. Trends within change management are identified and discussed.

This course examines legislative acts and delves into hazards that exist in the workplace while building engagement on the importance of health and safety within the workforce. Various human resources programs are explored, including wellness, disability, return to work, and training. The use of relevant people analytics to assess a workplace's emergency response and readiness are also discussed. At the core of this course are emerging trends in the workplace, including mental health, bullying and remote workforce.

This course provides hands-on learning with Microsoft Excel and its applications in today's business environment. Learners develop skills to navigate, consolidate, and analyze data across multiple worksheets. Learners also create macros for efficient analysis, manage complex nested formulas for scenario planning, and design effective corporate dashboards.

This course is aimed at providing a hands-on learning experience with a Windows operating system and computer applications (Microsoft Office: Word, Excel, Outlook, and PowerPoint) used in a business environment. Learners will develop skills and gain experience to create business documents, navigate, consolidate, and analyze data across multiple worksheets, manage professional communications, and create electronic presentations.

Project management is an essential skill contributing to an organization's competitive advantage. This course incorporates the global standards from the Project Management Institute. The essential elements of project management include principles of project management, proposal stages, project scheduling, controlling, reporting, and the use of technologies to manage projects.

Operations management is the administration of all activities that transform inputs to outputs for all goods and services. This course explores the design and management of products, processes, services, and supply chains. Learners examine the integration of critical business processes from planning to short-term scheduling.

The goal of finance is to increase the value of a firm as measured by the market value of the share price. Focusing on the framework of working capital management, capital budgeting process, long-term financing and external growth through mergers, learners explore the major financial decisions faced by the business. This course provides opportunities for learners to apply the skills and knowledge of finance to contemporary business situations.

Risk management is critical for an organization's operation. The ability to identify, assess, manage, and monitor risks benefits a business's sustainability and continuity in today's evolving society. This course introduces the fundamental principles and concepts of risk management. Learners practice and apply the risk management standards, framework, process, and strategies through the course.

This course explores introductory statistical data analysis and interpretation techniques used in business environments. Learners develop foundational knowledge on key topics including data collection and presentation and measures of descriptive statistics. Random variables, probability and probability distributions, point and interval estimation, hypothesis testing, correlation, and regression analysis are also covered.

This course is an introduction to business analytics as a way to improve business decisions. Learners explore descriptive, predictive and prescriptive analytics, and have the opportunity to compile database analytics including querying databases. Learners focus on descriptive analytics to create data visualization for real-world applications, use Excel, and explore other tools such as SQL and Power BI.

This course explores the sales process from business concept to post sales follow-up with an emphasis on trust-based relationship selling and developing a loyal customer base. Learners are provided an opportunity to develop key skills to execute on the entire sales cycle.
Pre-requisites: MKTG1101, MGMT1201
Anti-requisites: FNSR2501, MKTG2201 & MKTG2202

The focus of integrated marketing communications is making sure that an organization's brand identity and messages are consistent and credible across all communication channels. This approach creates a competitive edge for an organization and improves brand loyalty. For consumers and stakeholders, this continuity creates a seamless journey across the different components of the marketing mix and the many communication channels. Learners explore the various promotional approaches including advertising, direct marketing, interactive communication, sales promotion, and public relations.

This course explores both the creation of an entrepreneurial venture as well as the development of an innovative, entrepreneurial and team approach to business. Learners are challenged to develop an entrepreneurial mindset through engagement in a process that includes identifying entrepreneurial opportunities, testing business model attribute hypotheses, and presenting an entrepreneurial opportunity. Working through this process builds awareness of the experiences an entrepreneur will have in practice.

The impacts that differences in culture, politics, law, ethics, and economics have on business decisions are closely examined. Learners consider decisions in international expansion strategies and entry modes. Application of theory is focused on operations in human resource management, supply chain, marketing, and communications, all within the context of globalization and the global money system.
Prerequisite: MGMT2401