Full-time Diploma 5730diplt

BCIT Finance Diploma

Note: New admission procedures effective November 15, 2013. Review the instructions carefully. View summary of the changes

The BCIT Finance diploma program provides a solid foundation in accounting, economics, finance, and investing principles. You will learn to prepare and analyze financial statements, apply personal and corporate tax principles and review capital investment plans. BCIT Finance students will also gain specific skills and knowledge in financial analysis and investing that will be complementary to the program’s accounting curriculum. This combination positions graduates to pursue an accounting designation and also lays the foundation for a career in a variety of industries, including financial services.

BCIT Finance students learn to:
  • Prepare and analyze financial statements
  • Implement cost and management accounting practices
  • Raise bank financing, government funding, and venture capital
  • Evaluate and analyze public company financial reports
  • Manage investment portfolios of stocks, bonds, and securities
  • Determine stock valuations and growth projections
  • Create corporate and personal tax saving strategies
BCIT FINANCE DIPLOMA
BCIT Credential: BCIT Diploma
Program Length: 2 years, Full-time
Program Start: September
Number of Courses: 33 courses, 123 credits
Total Tuition/Cost: Learn about Tuition & Fees
1st Year Entry: View Requirements
Advanced Placement: View Requirements
Laddering Options: Bachelor of Business Administration BBA Degree

Bachelor of Technology in Accounting BTech Degree

Professional Designations

Graduates of the Finance diploma program can pursue additional career building opportunities. Graduates are eligible to enter the following professional designation programs:

Finance Jobs & Careers

Graduates of the Finance diploma program have specialized finance training to succeed in the world of corporate finance and investment.

Entry-Level Positions:
  • Financial Analyst
  • Accounting Clerk
  • Financial Services Representative
Mid-Level Positions:
  • Finance Manager
  • Corporate Financial Manager
  • Senior Financial Analyst

Program Entry

Entrance requirements

This program is open to applications beginning November 1st*. Applicants must meet all entrance requirements and will be accepted on a first qualified basis as long as space remains.

*or next business day

Transfer credit

Transfer credit may be granted for courses completed at BCIT or another post-secondary institution where the learning outcomes duplicate those of the BCIT course. As per Admission Procedure 5003-PR1, the department reserves the right to determine the granting of credit where appropriate.

Applications will be accepted up to day 14 of the term; an official transcript and a course outline where appropriate must be provided (or be on file with BCIT) to process the request. A maximum of two courses per level are eligible for credit through this process.

Advanced Placement

Entry into the middle of the first year or the start of the second year may be possible. When applying for advanced placement, you must submit the Course-by-Course Self-Assessment form [PDF] with your online application.

View the Advanced Placement section for details.

Recommended for success

  • It is strongly recommended that you assess your fundamental mathematical skills. The Mathematics Self-Diagnostic Test [PDF] is voluntary. If you find these problems difficult, we strongly recommend that you attend OPMT 0199. You should be able to do this exercise in about an hour, after which you should compare your answers with the correct ones supplied. If you scored less than 20 out of 26 correct, you should seriously consider upgrading your mathematical skills.

Apply to program

BCIT accepts only complete applications. In order to apply:

  • Include proof of meeting all entrance requirements prior to submission
  • Convert all transcripts and supporting documents to PDF files
  • Have a credit card ready to pay the application fee
Apply Online

You can check the status of your application online at any time using the Student Information System.

Scheduled intakes

September each year.

myCommunication

Within 3 weeks of applying to a program, you will be sent a letter in the mail confirming receipt of your application. The letter will identify your student number, BCIT e-mail address and instructions on how to login to your myBCIT account.

All official BCIT correspondence will be sent to your myBCIT account. Check myCommunication often during the application process and throughout your studies at BCIT.

You can expect to receive communication concerning the status of your application within 4 weeks.

Costs & Supplies

Tuition fees

Please see the Fees, Payments and Refunds section of the website for more information on full-time tuition fees.

Books and supplies

Level 1: $542; Level 2: $388; Level 3: $981; Level 4: $758
(General estimated cost, subject to change)

Financial assistance

Financial assistance may be available for this program. For more information, please contact Student Financial Aid and Awards.

Courses

Program matrix

Level 1 (15 weeks) Credits
  BSYS 1000 Business Information Systems 3.0
  COMM 1100 Business Communication 1 3.0
  ECON 2100 Microeconomics 3.0
  FMGT 1105 Accounting 1 for Financial Management 5.0
  MKTG 1102 Essentials of Marketing 3.0
  OPMT 1110 Business Mathematics 4.0
  ORGB 1100 Organizational Behaviour 3.0

Students must achieve a grade of 65 per cent or better in FMGT 1105; or, a grade of 70 per cent or better in FMGT 1100 in order to take FMGT 2105.

 
Level 2 (20 weeks) Credits
  BLAW 3100 Business Law 4.0
  BSYS 2050 Business Data Analytics* 2.0
  BSYS 2060 Business Data Management* 2.0
  BUSA 2100 Principles of Management* 2.0
  COMM 2200 Business Communication 2 4.0
  ECON 2200 Macroeconomics 4.0
  FMGT 2105 Accounting 2 for Financial Management 6.5
  FMGT 2540 Working Capital Management* 2.5
  FMGT 2710 Computerized Accounting* 2.0
  OPMT 1130 Business Statistics 5.5
*denotes a half-term course
 
Level 3 (15 weeks) Credits
  FMGT 3110 Financial Accounting 1 5.0
  FMGT 3210 Cost/Managerial Accounting 1 4.0
  FMGT 3410 Taxation 1 4.0
  FMGT 3510 Finance 1 4.0
  FMGT 3610 Security Analysis 1 4.0
  FMGT 3720 Advanced Computer Applications 1 4.0
 
Level 4 (20 weeks) Credits
  FMGT 4110 Financial Accounting 2 7.0
  FMGT 4210 Cost and Managerial Accounting 2 5.5
  FMGT 4410 Taxation 2 5.5
  FMGT 4510 Finance 2 5.5
  FMGT 4520 Enterprise Finance* 2.5
  FMGT 4570 Money and Banking 5.5
  FMGT 4611 Security Analysis 2 5.5
  FMGT 4720 Advanced Computer Applications 2 for Finance 2.5
*denotes a half-term course
 
Total Credits: 123.0

Transfer credit

Do you have credits from another BC/Yukon post-secondary school? Do you want to know if they transfer to courses here at BCIT? Check out BCIT's Transfer Equivalency Database to find out.

Program Details

Program length

Two years, full-time

Additional program options

Accreditation

The accounting profession, through its professional bodies, recognizes a wide variety of subjects offered in the program. The Canadian Institute of Chartered Accountants, the Certified General Accountants' Association of Canada, the Certified Management Accountants Society and the Canadian Credit Institute give credit for various subjects, and our graduates are able to achieve a professional designation within two years of receiving their BCIT diploma.

Students who choose the Finance program will write the Canadian Securities Course examination while they are students at BCIT. Successful completion is a mandatory step for anyone considering a career in the field of financial planning, or indeed in any aspect of the investment world. In addition, it is a prerequisite course for all other courses and programs offered by the Canadian Securities Institute.

Program location

Burnaby Campus
3700 Willingdon Avenue
Burnaby, BC

Continue your education

Degree Completion

The Financial Management department offers an Accounting degree completion program to those who already have an Accounting, Finance, or Financial Planning diploma or equivalent. Please see our Accounting Bachelor of Technology program for more information.

Universities will give credit for subjects taken in the program to those students who wish to continue their training and qualify for a university degree. Block transfer credit arrangements are in effect with Thompson River University, Simon Fraser University, the University of Northern British Columbia, Royal Roads University and Lakehead University.

Graduating & Jobs

Job Opportunities

Finance: The Finance program emphasizes the finance function of a corporation. Topics include: banking, venture capital, international finance, and hedging through financial derivatives. The program will be of interest to students who will be seeking employment in the finance department of an enterprise.

Beginning Salaries
Successful graduates who complete additional training can expect, with significant varied experience, to achieve middle to senior management positions earning annual salaries in excess of $60,000. Achieving this level of success means starting in entry-level positions in financial accounting, cost accounting, internal audit, budget preparation, brokerage, banking, trust and insurance, with starting salaries as high as $3,000 per month.

Advanced Placement

Do you have a degree, diploma, or completed a substantial amount of post-secondary courses? You may qualify for advanced placement into the Finance program. Students that qualify for advanced placement can enter the program in the middle of first year depending on the number of transfer credits received.

Acceptance into advanced placement is dependent on a number of factors including: seat availability, course transfer credits, and the number of applications received. Most applicants are required to complete additional course work before entering their desired program. Early application is strongly recommended.

Entry into the middle of Year 1 (January)

  • Application process opens on February 1st*

Entry into the start of Year 2 (September)

  • Application process opens on November 1st*

*or next business day

When applying for advanced placement, you must submit the Course-by-Course Self-Assessment form [PDF] with your online application.

For more information about eligibility requirements and the application process, please download the Finance Advanced Placement Guide [PDF].

Contact Us

Questions or comments?

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As well, if you meet any of the following criteria, please follow the links for more information, instead of sending the form:

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The personal information on this form is collected under the authority of the College and Institute Act (RSBC 1996, Ch.52). BCIT will use this information to communicate with you regarding relevant BCIT programs, courses and services. This information is only used by authorized BCIT staff. Email communication sent to and from BCIT is routed through the United States of America. If you have any questions about BCIT's collection and use of this information, please contact BCIT’s manager of Freedom of Information and Protection of Privacy.

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Testimonial

Taking the corporate finance program was definitely beneficial in getting me where I am now...without all the time management skills I learned (among other things) I would not have been able to easily complete my degree while working full-time. Since joining Sherritt two years ago, I've been fast tracked from a financial analyst to (now) senior management.
Leanne Gawley, Financial Management - Corporate Finance diploma grad 2003