|School||School of Business + Media|
|Program||Bachelor of Accounting|
|Minimum Passing Grade||50%|
|Start Date||September 09, 2021|
|End Date||December 09, 2021|
|Pre-requisites||Completion of FMGT 3510 and FMGT 4510 with a minimum average grade of 65%|
Acknowledgement of Territories
The British Columbia Institute of Technology acknowledges that our campuses are located on the unceded traditional territories of the Coast Salish Nations of Sḵwx̱wú7mesh (Squamish), səl̓ilwətaɁɬ (Tsleil-Waututh), and xwməθkwəy̓əm (Musqueam).
|Instructor to provide|
|Office Hours||Instructor to provide|
This course stresses the application of financial strategies to financing challenges faced by business enterprises. Using a predominantly small business, case-based approach, students are introduced to various areas of business operations which drive financing requirements, or exacerbate financial challenges and then examine means of satisfying those requirements or modifying operations to minimize financial challenges.
Course Learning Outcomes/Competencies
Upon successful completion, the student will be able to:
- Evaluate financing issues and challenges small business managers face.
- Compare and analyze various short-term financing options available to a small business.
- Select assumptions for constructing forecast financial statements.
- Select an appropriate supporting rationale for commercial loan applications.
- Compare and contrast various methods and criteria employed in valuing and assessing start-up ventures.
- Evaluate capital budgeting opportunities for businesses in different industries.
- Evaluate currency-hedging alternatives by comparing among different alternatives.
- Outline the impact financial decisions may have on other aspects of the business.
- Construct and interpret a valuation model for a business.
- Select a suitable financial instrument as well as appropriate terms and conditions by evaluating financial opportunities.
Case study pack available at BCIT bookstore, and
Articles in course outline schedule
Davis and Pinches. Canadian Financial Management, 4th edition, Addison Wesley Longman, 2002.
Ross, Westerfield, Jordon, Roberts, Corporate Finance, 4th, 5th, or 6th Cdn ed. McGraw Hill Ryerson, 2005
Brigham, Ehrhardt, Gessaroli and Nason Financial Management: Theory and Practice, Nelson, First Canadian Edition, 2010 or Second Canadian Edition 2013 or Third Canadian Edition 2016
Mid-term exam = 25%
Final exam = 35%
Group case presentation = 10%
Capital IQ assignment = 5%
Weekly case studies & participation = 25%*
*Criteria/Rubric for allocating weekly case study mark will be provided to students in the first class.
The mid-term and final exams will be held on campus in room SW1 1021
Attendance will be taken at the beginning of each Zoom session throughout the course. A student’s absence will result in a grade of zero for that week’s case study.
Please note that this class will be completed online.
Course Schedule and Assignments
Case due at beginning of class
1. Sept 9
2. Sept 16
3. Sept 23
Jones Electrical Distribution
4. Sept 30
National Truth & Reconciliation Day – No class
5. Oct 7
6. Oct 14
Mid Term Exam
7. Oct 21
NCB Office Products Inc.
9. Nov. 4
10. Nov 11
Remembrance Day – No class
11. Nov 18
12. Nov 25
13. Dec 2
Student cases due
14. Dec 9
Any student who needs special assistance in the event of a medical emergency or building evacuation (either because of a disability or for any other reason) should promptly inform their course instructor(s) and Accessibility Services of their personal circumstances.
Human Rights, Harassment and Discrimination:
The BCIT community is made up of individuals from every ability, background, experience and identity, each contributing uniquely to the richness and diversity of the BCIT community as a whole. In recognition of this, and the intrinsic value of our diversity, BCIT seeks to foster a climate of collaboration, understanding and mutual respect between all members of the community and ensure an inclusive accessible working and learning environment where everyone can succeed.
Respect, Diversity, and Inclusion is a supportive resource for both students and employees of BCIT, to foster a respectful learning and working environment. Any student who feels that they are experiencing discrimination or harassment (personal or human rights-related) can confidentially access this resource for advice and support. Please see Policy 7507 – Harassment and Discrimination and accompanying procedure.
Students should make themselves aware of additional Education, Administration, Safety and other BCIT policies listed at https://www.bcit.ca/about/administration/policies.shtml
Guidelines for School of Business + Media
Students must successfully complete a course within a maximum of three (3) attempts at the course. Students with two attempts in a single course will be allowed to repeat the course only upon special written permission from the Associate Dean. Students who have not successfully completed a course within three attempts may not be eligible to graduate from their respective program.
Regular attendance in lectures and labs is seen as integral to student success, therefore, attendance in class is monitored. Unexcused absences in excess of 10% of the time prescribed for this course may result in the assignment of a failing grade. Attendance may be taken at any time during class. A student not present for attendance will be marked absent. A student who leaves class for a period of time deemed excessive by the instructor may be considered absent regardless of whether they are present when attendance is taken.
In case of illness or other unavoidable absence, students must communicate with the instructor, or the appropriate Program Head, as soon as possible (preferably in advance) indicating the reason for the absence. Students who are seeking accommodation for a medical absence must have a BCIT-approved medical certificate ). For other absences, students must be prepared to provide appropriate supporting documentation.
A student who has unexcused absences in excess of 10% of the time prescribed for the course by the Withdrawal Deadline is considered to have ‘Vanished’ and will be assigned a grade of ‘V’. In these cases, no further work will be graded.
These requirements are set out in accordance with BCIT Policy 5101 Student Regulations. More information regarding withdrawals from PTS courses is available at https://www.bcit.ca/pts/pts_withdrawals.shtml.
I verify that the content of this course outline is current.
Terry Gordon, Program Head
August 31, 2021
I verify that this course outline has been reviewed.
Jennifer Kerr, Academic Coordinator
August 31, 2021
I verify that this course outline has been reviewed and complies with BCIT policy.
Robin Day, Associate Dean
September 06, 2021
Note: Should changes be required to the content of this course outline, students will be given reasonable notice.