Business Accounting

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Program Code: 2801

School: School of Business

Credential: Diploma

Program Type: Post-secondary program

Program Length: 2 years/ 4 semesters

Start Date: Fall, Winter, Summer

Location: Progress Campus

Email: business@centennialcollege.ca

Telephone: 416-289-5000, ext. 2280

Centennial College's Business – Accounting program is for students who are seeking excellent accounting related training in a short time frame.

In just two years, students will learn the basics of accounting through a rigorous curriculum that focuses on expanding employable skills. While this Business - Accounting program includes the quality features of all Centennial College accounting programs, it will concentrate on building proficiency in financial and managerial accounting, and on fostering in-depth knowledge of accounting software. Communication and analytical skills will also be emphasized, as they are essential for career success.

Graduates of this School of Business offering will be able to look forward to rewarding employment opportunities in a wide range of business sectors.

Semester 1
Course Code Course Title Location
ACCT-112 Financial Accounting 1 Progress Campus
COMM-160/161 College Communication 1 Progress Campus
COMP-106 Applied Business Software 1 Progress Campus
FINA-110 Canadian Investement Funds Course Progress Campus
MATH-128 Mathematics of Finance I - E Progress Campus
MKTG-116 Principles of Marketing Progress Campus

Semester Note

MATH128 prepares students for MATH119, which is a required course for most School of Business Diploma programs. Applicants who test between 21/45 and 35/45 in the MATH Assessment test will be exempted from MATH128, and will take MATH118. Students who score 36/45 or higher will be exempted from MATH128 and MATH118 and will take MATH119.
Semester 2
Course Code Course Title Location
ACCT-150 Small Business Software Progress Campus
ACCT-221 Financial Accounting 2 Progress Campus
ACCT-257 Accounting Information Systems 1 Progress Campus
COMM-170/171 College Communication 2 Progress Campus
COMP-126 Applied Business Software 2 Progress Campus
ECON-205 Principles of Microeconomics Progress Campus
Semester 3
Course Code Course Title Location
ACCT-226 Taxation 1 Progress Campus
ACCT-228 Accounting Microcomputer Applications 1 Progress Campus
ACCT-256 Intermediate Financial Accounting 1 Progress Campus
BUSN-225 Intro to Research Methods and Data Analysis 1 Progress Campus
BUSN-333 Business Culture and Collaborative Practices Progress Campus
GNED-500 Global Citizenship: From Social Analysis to Social Action Progress Campus
Semester 4
Course Code Course Title Location
ACCT-222 Management Accounting 1 Progress Campus
ACCT-224 Corporate Finance 1 Progress Campus
ACCT-356 Intermediate Financial Accounting 2 Progress Campus
ECON-206 Principles of Macroeconomics Progress Campus
GNED General Education Elective Progress Campus
HRMT-300 Organizational Behaviour Progress Campus

Semester Note

Minimum 2.0 (C Grade) required to graduate.

Program Highlights

  • In the Business – Accounting program, students will build the strong skills foundation necessary for pursuing a profession in accounting.
  • Professors in the School of Business have strong academic backgrounds, deep subject matter expertise, and extensive business and management experience.
  • Maximizing the learning experience will be small class environments that offer a leading edge information technology infrastructure.
  • Many classes will be taught in lab environments that are fully equipped with an integrated network of computer systems.
  • Students' transition into the workplace will be made easy with training in industry standard accounting software, including QuickBooks and Sage ACCPAC ERP.

Articulation Agreements

Start with a diploma, end with a degree! Successful graduates of this Business - Accounting program will have the opportunity to apply their credits towards further study at the degree level. Listed below are the degrees from partnering universities that are available for this program. Students should note that each partnership has a specific minimum grade requirement in order to qualify for transferring credits.

University Degree
Algoma University Honours Bachelor of Arts - multiple majors
Honours Bachelor of Business Administration
Athabasca University Bachelor of Commerce, with Major
Bachelor of Commerce
Bachelor of Management, with Major, 4 Yr
Bachelor of Human Resources & Labour Relations
Bachelor of Management, 4 yr
Bachelor of Management, 3 Yr
Davenport University Bachelor of Business Administration - Finance
Bachelor of Business Administration - Accounting Fraud Investigation
Bachelor of Business Administration - Accounting Information Systems
Bachelor of Business Administration - Professional Accountancy
Masters of Business Administration - Professional Accountancy
Kookmin University Bachelor Degree
New Brunswick, University of Bachelor of Applied Management
University of Ontario Institute of Technology Bachelor of Commerce
Royal Roads University Bachelor of Commerce - Entrepreneurial Management
Bachelor of Business Administration in Sustainability and International Business

Educational Partners

Advanced Certificate in Accounting and Finance

Centennial College works in partnership with CPA to offer a pathway to the Advanced Certificate in Accounting and Finance (ACAF). The ACAF credential will give students a competitive advantage after graduation and the opportunity to accelerate to a rewarding career in accounting and finance. Any student enrolled in one of Centennial's certificate or diploma Accounting programs may qualify to enroll in the ACAF.

Career Outlook

  • Junior (entry-level) accountant
  • Accounting clerk
  • Accounting assistant
  • Accounts payable clerk
  • Accounts receivable clerk
  • Accounts payable officer
  • Accounts receivable officer
  • Credit and collections officer
  • Fixed asset management officer
  • Auditor
  • Accountant
  • Financial consultant
  • Financial officer

Academic Requirements

  • Ontario Secondary School Diploma (OSSD) or equivalent, or mature student status (19 years or older)
  • English Grade 12 C or U, or equivalent (minimum grade required) or take the Centennial College English Skills Assessment for Admission
  • Mathematics Grade 11 or 12 C, M or U, or equivalent (minimum grade required) or take a Centennial College Math Skills Assessment for Admission

Additional Requirements

  • Students will be placed in the appropriate English level based on skills assessment results. This may lead to additional courses and require extra time and fees.

1. Apply Online

Are you an International Student? Apply directly to Centennial College here.

If you are applying through the Second Career Strategy, please apply at the Employment Training Centre for Second Career (Progress Campus). Second Career Strategy is a funding initiative for those who have been laid-off and are in need of training. For more information go to Second Career Strategy.

If you have previously attended a full time program at Centennial College, you may be eligible for a Program Transfer. Visit Enrolment Services at any Campus for information.

All other applicants must apply online at Ontariocolleges.ca. A non-refundable application fee of $95 must accompany applications. The fee is payable online, by telephone, online banking, by mail, or in person to Ontariocolleges.ca. For more information go to Ontariocolleges.ca Application Fees.

2. Submit Documents

Current Ontario high school students and graduates from Ontario high schools: Notify your guidance counsellor that you have applied to college and your school will forward transcripts to Centennial College via Ontariocolleges.ca.

Graduates of college/university, or high school outside Ontario but within Canada: You are responsible for requesting that your educational institute sends any required documents and transcripts to Ontariocolleges.ca.

Applicants who attended school outside of Canada: If you are submitting transcripts to meet admission requirements, you must have the transcripts assessed by an independent credential assessment agency such as World Education Services (WES) or International Credential Assessment Service (ICAS).

For more information go to Submitting your Transcripts.

3. Confirm Your Offer of Admission

Offers of Admission are sent by mail to eligible applicants. When you receive your offer, you must login to your account at Ontariocolleges.ca and confirm before the Deadline to Confirm noted in your offer letter.

You may confirm only one college and one program offer at a time.

You must confirm your offer by the Deadline to Confirm noted in your Offer of Admission letter or your seat may be given to another applicant.

When you confirm your Offer of Admission at Centennial College you are given access to your personal myCentennial account where you can check your email, grades, register for courses, pay tuition fees, and see your class timetable.

4. Pay Fees

Centennial fees statements are sent by email to your personal email account and to your myCentennial email account. Fees statements are not mailed.

You must make a minimum payment by the Fees Deadline noted in your Fees Statement or your seat may be given to another applicant.

5. Build Your Timetable (Register for Courses)

Build your timetable (web-register for courses) at my.centennialcollege.ca.

Fall registration begins mid-July
January registration begins mid-December
May registration begins mid-April

Your web-registration will not open if:

You have not submitted your minimum fee payment by the deadline
You received a Conditional Offer of Admission and you have not met the conditions of your offer.

Once you have paid your fees or have made appropriate arrangements, register for your courses online through myCentennial.

Fees noted below are estimates only. Tuition is based on two semesters, beginning Fall 2015.

Student Tuition (2 Semesters) Incidental Fees Total
Canadian $2,767.00 $950.00 $3,717.00
International $12,400.00 $2,145.00 $14,545.00