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CAREERS IN BUSINESS BUSINESS ADMINISTRATION DIPLOMA - FAQ What can I do with a Business Administration Diploma? This program will provide you with a solid foundation on which to build your career in business. The general curriculum enables graduates to assume a variety of roles within the public and private sectors. The types of occupations acquired are heavily dependant on your major and the industry in which you seek employment. Below is a brief outline of the occupations acquired by graduates from the different specializations: Accounting: Business Diploma graduates with a major in accounting will have a broad understanding of business with a specialized aptitude in the accounting field. Graduates typically find employment as: bookkeepers, accounts payable clerks, accounts receivable clerks or in a variety of other accounting positions. Many of the courses in the accounting specializations will also transfer to the Certified management Account (CMA) and Certified General Accountant (CGA) designation requirements. Financial Services: Business Diploma graduates with a major in financial services will have a broad understanding of business with a specialized aptitude in the financial services field. Graduates typically find employment in financial institutions as: customer service representatives; banking, credit or other investment managers; finance and insurance clerks; insurance and real estate clerks; supervisors in sales and services or investment professionals. Several of the courses can be used towards achieving the Associate Designation from the Institute of Canadian Bankers (ICB). General: Business Diploma graduates with a major in general studies have a broad understanding of a multitude of business concepts and applications. Graduates typically find employment as: management trainees, general managers, assistants, sales representatives, sales managers or personnel officers in retail, financial services, insurance, human resources, non-profit, sales and marketing industries. Besides a diploma in Business Administration what other skills are necessary to be successful in this profession? Today’s companies seek employees with excellent communication and interpersonal skills. The evolution of the modern workplace as a result of increasing competition and rising consumer demands has forced employers to seek out motivated candidates with critical thinking and decision-making capabilities who also possess leadership potential. What makes a student successful in this program? To succeed in this program, students must attend all classes, or if an absence is necessary, make arrangements with the instructor prior to the missed class. A positive attitude and a willingness to learn will also contribute to creating a positive and fun learning environment. Where do I study? This program is taught at the downtown Calgary campus at 332 – 6 Avenue SE Calgary, AB. Can I receive credit if I have been employed or have taken courses in the Business Administration field? If you have prior work experience or have taken courses comparable to those required under this program at another institution, you may be eligible for Prior Learning Assessment (PLA). For more information please contact our Registrar’s Office at (403) 410-1400, or e-mail info@bowvalleycollege.ca. All requests must be submitted prior to the start of the program. What is the expected growth in this industry? Accounting-The expected growth for entry-level accounting and bookkeeping positions in Alberta is 2.8 to 3.8% each year from 2006 to 2011. It is also expected that 600 NEW positions will be created each year in additions to job openings created by employment turnover. Financial Services-The expected growth for banking, investment and credit/loan managers is between 1.5 and 2.5% each year from 2006 to 2011 in Alberta. This growth is directly linked to the predicted creation of 50 to 100 NEW positions in addition to job openings created by employment turnover. General-The expected growth for sales representatives and retail managers is approximately 1.5 to 2.5% each year in Alberta from 2006 to 2011. Also, 380 to 640 NEW are expected to be created each year, in addition to those openings created by employment turnover. How much can I expect to make? Accounting-Salary is dependent on position and qualifications; however, Albertans employed in this field earn between $10,800 and $91,300 each year and have an average salary of $32,400 a year. Financial Services-Although salary is greatly dependent on position and experience, Albertans employed as financial service managers earn between $23,500 and $109,500 a year, with an average salary of $68,200 each year. General-While salary is dependent on position and experience, most Albertans in this field earn between $12,000 and $195,300 a year, with an average salary of $47,800 a year. Do I need a computer at home? Although having a computer at home is helpful, it is not necessary, as computers are available at the LRS on the 4th Floor of the downtown campus. The LRS is open Monday to Thursdays, from 8 a.m. to 7 p.m., and Fridays from 8 a.m. to 5 p.m. Can I transfer any of these credits towards a degree? Bow Valley College has established transfer agreements with: University of Lethbridge Athabasca University St. Mary’s University College Mount Royal College Thompson Rivers University How long will it take me to complete this program? The Business Administration Diploma takes two years or four semesters to complete. |
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