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Credit and Collections FMGT 1540

Financial Management Part-time Studies Course

Course details

Introduces credit and collections to persons who contemplate employment in credit and collections or need to understand the credit function. Topics include determining credit risk, credit instruments and collateral security, types of consumer credit and credit cards, sources of consumer credit information, collections, credit department management.

Prerequisite(s)

  • No prerequisites are required for this course.

Credits

3.0

Cost

$636.53

Course offerings

Fall 2022

Below is one offering of FMGT 1540 for the Fall 2022 term.

CRN 30766

Duration

Mon Sep 12 - Mon Dec 05 (12 weeks)

  • 12 weeks
  • CRN 30766
  • $636.53
Class meeting times
Dates Days Times Locations
Sep 12 - Dec 05 Mon 18:30 - 21:45 Burnaby SE06 Rm. 207
Instructor

Trevor Jones

Course outline

View

Cost

$636.53

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. Class WILL NOT be held on Monday, October 10th (Thanksgiving)
Status

Learning Outcomes

Upon successful completion of this course, the student will: 

  • Assess the purpose of credit, for both the users and providers of credit.
  • Evaluate the history of credit, its impact on society, and future trends involving credit.
  • Evaluate a company's credit and collections requirements and develop appropriate policies and procedures.
  • Evaluate credit applications from both consumers and mercantile customers and make appropriate decisions regarding the applicant.
  • Determine and implement the appropriate steps for successful collections.
  • Assess the functioning and efficiency of a company's credit and collections departments.

Effective as of Winter 2015

Related Programs

Credit and Collections (FMGT 1540) is offered as a part of the following programs:

School of Business + Media

  1. Finance
    Diploma Part-time
  2. Financial Management (Finance Option)
    Certificate Part-time
  3. Financial Management (Professional Accounting Option)
    Certificate Part-time
  4. Financial Planning
    Diploma Part-time

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