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Introductory Business Accounting


Gain foundational skills in financial management and accounting with this ONLINE program.

At a glance

Program Length: 2 terms
Credential: Earn a Letter of Accomplishment in Introduction to Business Accounting from the University of Manitoba.

What an instructor says

 

 

 

“With accounting, it’s like teaching a language. You’re teaching the language of business… Accounting is kind of a dry subject. It’s exciting when you get to the real world and you are putting it to practical use.

“In FINC 0200, we go from basic accounting to managerial accounting where we help managers with their decisions. In FINC 0300, a corporate finance course, we’re dealing with more advanced types of topics on how corporations finance their activities.”

Frank Nowak
Accounting Instructor
Extended Education at the U of M

 

Learn to Stay on Balance

The business world isn’t black and white. It’s black and red. Numbers matter. Get a stronger command of business through an understanding of basic accounting principles and managerial finance from the Introductory Business Accounting program.

Learn More

Program Description

as listed in the 2019-2020 Academic Calendar

The Letter of Accomplishment (LOA) in Introductory Business Accounting provides students with introductory skills in financial management and accounting.  It is intended for students who have little or no background in the field, but are required or interested in obtaining foundational skills in the areas of finance and accounting.  The LOA consists of two courses: Introductory Accounting for Business, which provides an understanding of basic accounting principles; as well as Financial Management, which seeks to introduce students to the broader field of managerial finance.

Credential Awarded

Letter of Accomplishment (LOA) in Introductory Business Accounting

Who is the Program for?

Apply for the LOA program if you are:

  • A professional or student with little or no background in the field of accounting and are seeking foundational skills
  • An internationally-educated individual seeking introductory accounting training in a Canadian post-secondary institution

Admission Requirements

You must possess a High School Diploma or be eligible for admission as a Mature Student to apply.

Program Objectives

You will gain an understanding of basic accounting principles and the broader field of managerial finance. Specifically, you will be able to:

  • Identify and apply the terminology used in both financial and managerial accounting
  • Prepare budgets for planning and control purposes
  • Evaluate and interpret a company’s general purpose financial statements
  • Identify the core areas of Corporate Finance and how they relate to a company’s ability to operate
  • Apply valuations methods to value projects

Career Opportunities

  • Introductory-level skills for those wishing to pursue a career in accounting
  • Enhanced knowledge and skills for professionals in any field

Length of Study

You can complete the program part time in a minimum of two terms, as Introductory Accounting for Business is a prerequisite for Financial Management.

Delivery Methods

The courses are currently offered in an Online format.

Course Requirements

FINC 0200 – Introduction to Accounting for Business is a prerequisite for FINC 0300 – Financial Management.

Fees

$100 application for applying to the program and course fees.

Laddering / Transfer Credit Arrangements

While there is no provision for transfer of credit with short courses and programs as per the Non-Degree Taxonomy, contact hours may be counted towards requirements for applicable certificates or post baccalaureate certificates offered through Continuing and Professional Studies.

Certification/Graduation

In order to be eligible to graduate, students must make a formal application at the beginning of the session in which they expect to complete graduation requirements, before the last date of the registration revision period. This can be done on-line through Aurora. (Login, select “Enrolment and Academic Records”, select “Declarations”, and follow the instructions. If the date you wish to graduate does not appear, you will need to contact an advisor in your Faculty as soon as possible; as you may have missed the online application deadline).The deadline date for declaring your intention is the end of the revision period in the term in which you expect to complete your courses. For example:

  • For Spring graduation, declare by mid-January
  • For Fall graduation, declare by late July/early August
  • For February graduation, declare by mid-September

Courses

Required Courses

  • FINC 0200 – Introduction to Accounting for Business
  • FINC 0300 – Financial Management

Optional Tutorial

  • FINC 0800 – Introductory Accounting for Business Tutorial
  • FINC 0802 – Financial Management Tutorial

Plan Ahead Course Schedule

TERMCOURSE NUMBERCOURSE NAME
WinterFINC 0200Introductory Accounting for Business (REQ)
FINC 0300Financial Management (REQ)
FINC 0800Introductory Accounting for Business Tutorial (recommended)
FINC 0802Financial Management Tutorial (recommended)
Spring/SummerFINC 0200Introductory Accounting for Business (REQ)
FINC 0300Financial Management (REQ)
FINC 0800Introductory Accounting for Business Tutorial (recommendedl)
FINC 0802Financial Management Tutorial (recommended)
FallFINC 0200Introductory Accounting for Business (REQ)
FINC 0300Financial Management (REQ)
FINC 0800Introductory Accounting for Business Tutorial (recommended)
FINC 0802Financial Management Tutorial (recommendedl)

FAQs

What is Online Learning?

Online learning is how we offer the course content. The where and when is completely up to you. You’re free to decide the way that you’d like to integrate the classroom into your life, whether you’d like to do the course work on lunch breaks, in bed, or on a picnic table on a leisurely Saturday afternoon. Simply download the course modules, and learn at your own pace. Remember, instructors are still available to help when you need it.Online courses are delivered through UofM’s online learning management system UM Learn.

What is a Letter of Accomplishment (LOA)?

The Letter of Accomplishment credential indicates that you have successfully completed an intensive, focused program that addresses the educational requirements for a very precise field of study.

How long does it take to complete the program?

The program consists of 72 contact hours. Each course is 36 hours in length. The program can be completed part time in 8 months. You have two years from your registration date to complete the program.

Do I have to take the courses in a specific order?

FINC 0200 – Introduction to Accounting for Business is a prerequisite for FINC 0300 – Financial Management.

Can I just enroll in a single course if I'm not interested in the entire program?

Yes, you can enroll in just a single course. Completed courses can later be applied towards a Letter of Accomplishment (LOA) in Introductory Business Accounting.

Apply to the Program



1. Fill Out an Application Form


Download and submit a completed Program Application Form.
Program Application Form (PDF)

2. Gather Your Transcripts


Submit official transcripts of the highest level of education you have completed. Student copies or photocopies are not acceptable. Transcripts become the property of University of Manitoba and will not be returned.

3. Submit Your Documents


Submit completed application form and transcripts by email or mail to:
Student and Instructor Services

185 Extended Education Complex
University of Manitoba
Winnipeg, MB, R3T 2N2
extended@umanitoba.ca
Final official transcripts from any university or college attended other than University of Manitoba are required. Student copies or photocopies are not acceptable. Transcripts become the property of University of Manitoba and will not be returned.

You must also register for your course(s).

Register ONLINE Now

  1. Select a course and Click “Register” for a course in the term you wish to begin
  2. “Submit” the Registration Form
  3. Pay for the course

    4. For more information, email us extended@umanitoba.ca

    NOTE: To register for additional course, return to the program page and repeat the process above.

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Info Sheet - Introductory Business Account

The program highlights to save, print, and share.