Course Overview
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
Domestic fees
$705.23
International fees are typically 3.4 times the domestic tuition. Exact cost will be calculated upon completion of registration.
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:
- Indicates programs accepting international students.
School of Business + Media
- Finance
Diploma Part-time
- Financial Management (Finance Option)
Certificate Part-time
- Financial Management (Professional Accounting Option)
Certificate Part-time
- Financial Planning
Diploma Part-time
Course Offerings
Fall 2026
Below is one offering of FMGT 1540 for the Fall 2026 term.
CRN 30766
Dates
Sep 14 - Dec 07 Loading
- CRN 30766
- $705.23 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 14 - Dec 07 | Mon | 18:30 - 21:45 | Burnaby SW03 Rm. 4725 |
Duration
12 weeks
Instructor
Trevor Jones
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- Class WILL NOT be held on Monday, October 12th (Thanksgiving).
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
Winter 2027
Below is one offering of FMGT 1540 for the Winter 2027 term.
CRN 10247
Dates
Jan 04 - Apr 05 Loading
- CRN 10247
- $705.23 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 04 - Apr 05 | Mon | 18:30 - 21:45 | Burnaby SW01 Rm. 2004 |
Duration
12 weeks
Instructor
Trevor Jones
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Class WILL NOT be held on Monday, Feb. 15th (Family Day), and Monday, March 29th. (Easter Monday).
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.