British Columbia Institute of

Important Notice: COVID-19 Institute response


FMGT 3555 - Finance for Business Management

Financial Management Part-time Studies Course

School of Business + Media

BCIT is planning for a substantial return to on-campus activity for the fall 2021 term as informed by BC Public Health Officer guidelines. Refer to each course listing for details.

Course Details

The purpose of the course is to give the student an understanding of the role finance plays in business and industry. Corporate finance is a tool that helps managers maximize the financial performance of a company for the long-term benefit of its shareholders. In this course students learn how firms can efficiently allocate their financial resources and how they can acquire those resources on as favourable terms as possible.


FMGT 2100 or FMGT 2105 or FMGT 2152





Fall 2021

Below is one offering of this course for the Fall 2021 term.

CRN 45835

Thu Sep 09 - Thu Dec 16 13 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 09 - Dec 16 Thu 18:00 - 22:00 BBY SE06 Rm. 206


Pav Manchanda

Course Outline




  1. Departmental approval needed
  2. Class WILL NOT be held on September 30th (National Day for Truth and Reconciliation) & Thursday, November 11th (Remembrance Day). This course is intended for students that were unsuccessful in their first attempt at the following courses: FMGT 4561 – Finance for Business Management, FMGT 3550 – Business Finance 1; FMGT 3222 – Managerial Finance (MKTG). Please contact Samantha Rubinic at for approval to register in this course.
  3. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

This course offering is in progress. Please check back next term or subscribe to receive email updates.

In Progress

Learning Outcomes

Upon successful completion of the course, the student will be able to:

  • Describe and discuss the goals and functions of financial management.
  • Analyze a firm’s financial statements using ratios, vertical analysis and horizontal analysis.
  • Analyze the contents and the structure of the income statement, the balance sheet, the cash flow statement and the statement of changes in equity.
  • Calculate present value, future value, annuity amounts, and rates of return and analyze time value of money problems.
  • Develop cash budgets and forecast financial statements.
  • Compare and contrast different sources of long-term financing.
  • Measure the firm’s cash conversion cycle.
  • Determine the optimal mix of working capital: receivables, inventory, cash.

Effective as of Winter 2015

Related Programs

FMGT 3555 is offered as a part of the following programs:

School of Business + Media

  1. Business Administration (General Option)
    Part-time   Diploma
  2. Business Administration (Global Studies Option)
    Part-time   Diploma
  3. Business Administration (Human Resources Option)
    Part-time   Diploma
  4. Business Administration (Management Option)
    Part-time   Diploma
  5. Business Administration (Marketing Option)
    Part-time   Diploma


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BCIT's Part-time Studies English Language Proficiency Standard is English 12 (or equivalency). Students who do not meet this requirement should upgrade their English skills prior to any future registration.

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Registration is now open for the Fall 2021 term.

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Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at on the first day of any course you are registered for.

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