General information
The Bachelor of Commerce (Honours) degree prepares graduates with strong employability skills and the foundations for excellence in managing business corporations.
Organizations are examined from a number of perspectives, including how they are managed and the changing environments in which they operate. National and international contexts of business are explored, along with relevant issues facing managers in business, labour and the public sector.
Students receive extensive practice in applying theory to the processes of decision-making and problem solving through technology-based exercises and simulations, case study analyses, problem-based learning activities and field-based projects.
In years 1 and 2 of the program, students build strong qualitative and analytical foundation and become familiar with economics theories and concepts. They are also introduced to each of the functional areas of business—accounting, finance, marketing and organizational behaviour—and examine the ever-increasing role of technology in organizations.
In the second half of the program (years 3 and 4), students may pursue majors and minors in one of the areas offered by the faculty. This is also the time to select elective courses that students find interesting and that are in line with their career and professional aspirations.
Students will participate in one (or more) of FBIT’s experiential learning opportunities: Capstone Study Project, Internship, Co-op , and/or Venture Creation. These exciting courses provide opportunities to consolidate learning from earlier years of the program while working for an organization or working in teams on a real-world project with a partner organization.
Admission requirements
Admission to the Bachelor of Commerce program is competitive. The specific average or standing required for admission varies from year to year. Students are selected by taking into consideration a wide range of criteria including school marks, distribution of subjects taken, and performance in subjects relevant to the academic program. Possession of the minimum requirements does not guarantee acceptance. Preference will be given to applicants with the best qualifications.
Current Ontario secondary school students must complete the Ontario Secondary School Diploma (OSSD) with six 4U or 4M credits including English (ENG4U) with a recommended minimum average of 60 per cent and one of Advanced Functions (MHF4U) or Calculus and Vectors (MCV4U) or Mathematics of Data Management (MDM4U) with a recommended minimum average of 60 per cent. All other applicants should refer to admissions for the requirements for their specific category of admission.
Internship program
This program offers students who have successfully completed two years of study, achieved a minimum 2.3 GPA (C+ average on a 4.3 scale) and who are in good academic standing, an opportunity to obtain on-the-job experience with businesses locally and globally. Faculty members may provide links to various internship placement opportunities or a student may secure an employer who meets the criteria as prescribed by the Faculty of Business and Information Technology.
The internship program gives students an opportunity to apply classroom concepts in a real-world environment and gain valuable and relevant work experience to promote networking and life-long career success. Participating employers are given the opportunity to bring the motivated learners, thinkers, and doers of tomorrow into their workplaces, as well as provide valuable mentoring to students.
The internship program placement equates to a minimum of 560 hours of progressive business and management experience. The intern’s wages (stipulated in a contract) are paid by the sponsoring business over the internship. Successful internship completion and both a verbal and written final report will result in the intern receiving a letter grade and three credits toward their undergraduate degree requirements. Students who have successfully completed the Internship program are not required to take the Capstone Study Project.
Admission to the internship program is competitive. While students are participating in an internship program, they may enrol in one course (3 credits) per semester. This course must not interfere with the internship schedule outlined by the employer.
Academic requirements to major/minor in the Bachelor of Commerce program
To remain in their major or minor, students must hold a minimum 2.0 cumulative GPA (or 2.3 for the Accounting major or minor). Students falling below a 2.0 (or 2.3 in the case of Accounting), will be enrolled in general Commerce.
Accounting major
Ontario Tech’s Accounting major is designed for students interested in becoming a Chartered Professional Accountant (CPA), and for students who want to develop a strong foundation in accounting. The Accounting major offers all the courses needed to meet the requirements for admission to the CPA Professional Education Program (CPA PEP). In addition to covering all the knowledge requirements for the CPA, our Accounting major places heavy emphasis on the skills and abilities needed to obtain a CPA and to be a successful professional accountant.
The university’s Bachelor of Commerce Accounting major combined with the Graduate Diploma in Accounting have been accredited by CPA Ontario for advanced standing in the CPA PEP. Completing the minimum requirements for the Accounting major does not make a student eligible for admission to the CPA PEP. Admission to the CPA PEP requires satisfying the requirements set out by CPA Ontario.
Program details and degree requirements
To be eligible for the honours Bachelor of Commerce degree, students must successfully complete 120 credit hours, including all courses outlined in the following program map.
Although reasonable efforts will be made to adhere to the following program map, course requirements and term offerings may change. For the most up-to-date list of course offerings, please visit the faculty website at businessandit.ontariotechu.ca.
Required courses for all Bachelor of Commerce students [78 credit hours]
Accounting major courses and electives [42 credit hours]
In addition to the required courses for all Bachelor of Commerce students, students enrolled into the Accounting major are required to complete 13 core accounting courses and one (1) additional open elective.
Elective course definitions
*General elective
A general elective is considered a course outside of business (i.e., without the BUSI prefix).
†Business (BUSI) elective
A business (BUSI) elective is a business course outside of one’s major.
‡Open elective
An open elective can be either a general or a business elective.
A maximum of two (6 credit hours) of any open or BUSI electives can consist of courses within one’s major.
CPA designation
To be eligible for admission to the CPA PEP students must meet the following minimum standards:
- 60 per cent minimum in each core course.
- 65 per cent average GPA in core courses.
- 50 per cent minimum in each non-core course.
Accounting major graduates have two options:
Students who complete all 19 courses (see the list below) will be eligible to apply to the Graduate Diploma in Accounting. Students who successfully complete the diploma program will receive credit for four CPA PEP modules (Core 1, Core 2 and two electives (the diploma program will cover all four CPA PEP electives)) and enter CPA PEP at Capstone 1.
Students who complete all 19 courses are eligible to enrol in the CPA PEP and complete the modules through CPA Canada.
Core courses (60 per cent required in each course and 65 per cent GPA)
Non-core courses (50 per cent required in each course)
Note:
Ontario Tech does not control the recognition of courses by the professional bodies. Please verify with CPA Ontario.
