Full-time Diploma 5740diplt

BCIT Accounting Diploma

Note: The September 2014 intake is now closed for new applications. The next intake will begin accepting applications on November 1, 2014 (or next business day).

Please check our list of programs that may have space available or access our program database for a complete list of BCIT programs.
The BCIT Accounting diploma program provides a solid foundation in accounting principles. Accounting students can earn an accounting diploma, bachelor’s degree, and accounting designation in as little as five years. You will learn to prepare and analyze financial statements, create an audit working paper file, and apply personal and corporate tax principles. Graduates can work in various finance and accounting positions at accounting firms, investment banks, and small and large companies.

BCIT Accounting students learn to:
  • Prepare and analyze financial statements
  • Implement cost and management accounting practices
  • Understand basic securities concepts
  • Create strategies to reduce corporate and personal income tax
  • Generate financial forecasts
BCIT ACCOUNTING DIPLOMA
BCIT Credential: BCIT Diploma
Program Length: 2 years, Full-time
Program Start: September
Number of Courses: 31 courses, 122 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

Accounting Designations

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

Accounting Jobs & Careers

Graduates of the Accounting diploma program have specialized accounting training to meet the high demands of the accounting industry.

Entry-Level Positions:
  • Accounting Clerk
  • Internal Auditor
  • Staff Accountant
  • Budget Analyst
Mid-Level Positions:
  • Intermediate Accountant
  • Financial Analyst
  • Senior Tax Manager
  • Controller

Program Entry

Application processing

Open to applications beginning November 1st (or next business day)

Entrance requirements

Applicants must meet all entrance requirements and will be accepted on a first qualified basis as long as space remains.

Read more about how to meet BCIT’s entrance requirements

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.

Advanced Placement / Transfer Credit

Advanced Placement – you may be eligible to apply to an advanced level of the program through 1. re-admission or 2. direct entry. The following applies to all advanced placement applicants:

  • Complete applications: you must show proof of completing all requirements (proof of registration is acceptable for advanced placement applicants) to be considered.
  • Competitive entry: if the number of applications exceeds available seats, BCIT will accept those deemed to have the best opportunity for success.
  • Acceptance based on seat availability: confirmation may not be available until approximately one week before the term begins.
  1. Re-admission: Have you completed part of this program at BCIT and want to apply to an advanced level?

    Applications are accepted throughout the year. You must submit the Course-by-Course Self-Assessment form [PDF] with your application.

  2. Direct Entry: Are you new to this program but have completed an equivalent part of it at BCIT or elsewhere and want to apply to an advanced level?

    BCIT accepts complete applications starting:

    • February 1st for level 2 (January start)
    • November 1st for level 3 (September start)

    You must submit the Course-by-Course Self-Assessment form [PDF] and proof of meeting the entrance requirements with your online application. View the Direct Entry sheet for details.

Transfer credit – do you have credits from another post-secondary school?

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.

Apply to program

The September 2014 intake is now closed for new applications. Applications for September 2015 will be accepted starting November 1, 2014 (or next business day).

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 3310 Auditing 1 3.0
  FMGT 3410 Taxation 1 4.0
  FMGT 3510 Finance 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 4310 Auditing 2 5.5
  FMGT 4410 Taxation 2 5.5
  FMGT 4510 Finance 2 5.5
  FMGT 4620 Security Fundamentals* 2.5
  FMGT 4710 Advanced Computer Applications 2 5.5
and
  FMGT 4430 Selected Topics in Tax* 2.5
  or
  FMGT 4915 Payroll Essentials 2.5
  or
  FMGT 4910 Projects in Industry* 2.5
  or
  OPMT 4300 Quantitative Analysis for Finance* 2.5
  or
  OPMT 4103 Operations Management for Finance* 2.5
  or
  FMGT 4750 Financial Information Systems* 2.5
  or
  FMGT 7120 Advanced Accounting** 5.5
  or
  FMGT 4920 Career Preparation* 2.5
* denotes a half-term course

**Note: Students who select FMGT 7120 will complete the program with a total of 125.0 credits.

 
Total Credits: 122.0

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.

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

Accounting: The Accounting program leads to middle management positions in financial accounting, cost accounting, internal audit and budget preparation. Graduates of this program will usually go on to obtain a professional designation as a CPA.

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 Accounting 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 Accounting Advanced Placement Guide [PDF].

Graduate Certificate in Business Administration

The BCIT Graduate Certificate in Business Administration is also a viable option for students that have completed a bachelor’s degree. This is an eight month full-time program that leads into a number of international MBA programs.

Faculty, Advisors & Staff

Advisory committee

  • Dr. R. Gayton, Western Silver Corporation
  • Mr. D. Chew, DJ Chew & Associates Consulting Ltd.
  • Ms. S. Hussey, CTV
  • Ms. S. Jaswal, Canada Customs and Revenue Agency
  • Mr. K. Kwan, Jones Richards & Company
  • Mr. J. Nagy, Reid Hurst Nagy
  • Mr. E. Shawchuk, BDO LLP

Contact Us

Questions or comments?

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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

I love the fast pace of the program, I can’t believe how much I’ve already accomplished! You learn the in-depth information and then apply it all within such a short time period to real-life situations. BCIT has really given me the tools I need to succeed while I’m here and after I leave. Amor Blackstock Pedroso, Financial Management 2010

Testimonial

As a graduate of the Financial Management Professional Accounting Diploma and Bachelor of Technology in Accounting, I feel that my experience through the programs not only has given me the skills and technical knowledge that I needed to excel in my career at Meyers Norris Penny LLP, but also gave me the technical knowledge and the discipline that is required to make it through CASB and successfully pass the UFE.
Jay Parley, CA, Meyers Norris Penny LLP.