- Ontario Secondary School Diploma (OSSD) or equivalent, including six Grade 12 U or M courses with a minimum overall average of 65%, or a mature applicant.
- Required courses with minimum final grade of 65% in each:
- English: Grade 12 ENG4U
- Mathematics: any Grade 12 U
Honours Bachelor of Commerce – Accounting & Finance (BACF)
About the Program
In this four-year honours degree program you will develop accounting, finance, management, and technology competencies. You will learn how to prepare, interpret and analyze financial information and be on the path toward a professional accounting designation. With this unique accounting education you will be job-ready for the Canadian and global business environments.
Life of a Credit
This program qualifies for Seneca's Life of a Credit policy. This policy will allow you to transfer your credits earned in the past 10 years toward this program.
Advanced Entry
Graduates of a diploma program may be eligible to complete this degree faster through one of our pathway options.
Credential Awarded
Honours Bachelor Degree
Duration
8 Semesters (4 Years)
Starts
January, September
Program and Course Delivery
This program is offered in Seneca's hybrid delivery format with some courses available in Seneca's flexible delivery format. Some coursework is online and some must be completed in person. Students will need to come on campus to complete in-person learning requirements. For courses offered in the flexible delivery format, professors use innovative learning spaces and technology to teach students in a classroom or lab and broadcast in real time to students attending remotely. In flexible courses, students have the choice of coming on campus or learning online.
Skills
Throughout this program you will develop the following skills:
- Financial analysis and critical thinking
- Problem-solving
- Communication
- Interpersonal skills
- Teamwork
Work Experience
Work Experience
Mandatory Degree Co-op
A work experience that includes at least one term in a formal work environment. In most cases the work term(s) is a paid position that is completed between two academic semesters and requires a minimum of 420 hours of work. Students must be in good standing and meet all identified requirements prior to participating in the work experience. The successful completion of the co-op work term(s) is required for graduation. Eligibility for participation does not guarantee that a work position will be secured. Additional fees are required for those participating in the mandatory co-op stream regardless of success in securing a work position.
Your Career
Graduates of the program can explore the following career options:
- Small business controller
- Divisional and corporate accountant
- Accounting analyst
- Investment accountant
- International financial analyst
As a graduate of Seneca's Honours Bachelor of Commerce – Accounting & Finance program, you will also be prepared to pursue the Chartered Professional Accounting (CPA) designation.
Professional Certification
As a graduate of this program, assuming you have met the minimum grade requirement, you will have:
- completed the equivalent of the 14 preparatory courses required for admission to the CPA Professional Education Program (PEP®)
- eligibility for ACCA Papers F1 to F8 exemptions
Accreditation
Accreditation Council for Business Schools and Programs
Program of Study
| Course Code | Course Name | Weekly Hours |
|---|---|---|
| Semester 1 | ||
| BAB100 | Introduction to Canadian Business | 3 |
| BAB110 | Financial Mathematics | 3 |
| BAB120 | Computer Applications for Business I | 3 |
| BAB140 | Introduction to Financial Accounting | 3 |
| BBA101 | Business Presentations Strategy | 3 |
| ENG106 | Writing Strategies | 3 |
| Semester 2 | ||
| BAB210 | Business Statistics | 3 |
| BAB220 | Computer Applications for Business II | 3 |
| BAB231 | Introduction to Business Law | 3 |
| BAB240 | Management Accounting | 3 |
| ENG205 | Applied Communication for Business and Industry | 3 |
| HRM701 | Introduction to Human Resources Management | 3 |
| Semester 3 | ||
| BAB235 | Introduction to Marketing | 3 |
| HST310 | Business Ethics | 3 |
| HST330 | Business Finance | 3 |
| HST430 | Organizational Behaviour | 3 |
| LSP240 | Micro Economics - Theory and Practice | 3 |
| plus: Liberal Studies Course (1) | 3 | |
| Semester 4 | ||
| BAB905 | Project Management | 3 |
| BBA102 | Business Innovation and Model Design | 3 |
| INX117 | Global Sustainability | 3 |
| LSP101 | World Geography | 3 |
| LSP340 | Macroeconomics - Theory and Practice | 3 |
| MRT296 | Integrated Marketing Communications | 3 |
| WTP200 | Work Term Preparation | 1 |
| Work-Integrated Learning Term | ||
| IAF771 | International Accounting and Finance, Co-op | 35 |
| Semester 5 | ||
| BMT850 | Strategic Management | 3 |
| GCN500 | Consultative Skills in a Global Environment | 3 |
| HST400 | Operations Management | 3 |
| IAF310 | Intermediate Financial Accounting I | 4 |
| IAF340 | Business Information Systems | 3 |
| IAF530 | Management Accounting - Intermediate | 3 |
| Semester 6 | ||
| BBA600 | Strategic Business Solutions | 3 |
| BMT700 | International Business Management | 3 |
| IAF320 | Income Tax I | 3 |
| IAF410 | Intermediate Financial Accounting II | 4 |
| IAF520 | Auditing | 3 |
| plus: Liberal Studies Course (1) | 3 | |
| Semester 7 | ||
| IAF420 | Income Tax II | 3 |
| IAF620 | Financial Management | 3 |
| IAF640 | Business Cases I | 3 |
| LSP700 | Applied Research Methodology | 3 |
| plus: Liberal Studies Course (1) | 3 | |
| Semester 8 | ||
| BMT800 | Applied Research Project | 3 |
| IAF710 | Advanced Financial Accounting | 3 |
| IAF826 | Advanced Auditing | 3 |
| IAF841 | Management Accounting - Advanced | 3 |
| plus: Liberal Studies Course (1) | 3 | |
Seneca has been granted a consent by the Minister of Colleges and Universities to offer this degree for a seven-year term starting March 20, 2020. In conformity with the Minister's criteria and requirements, Seneca will submit an application for the renewal of the consent for this program 12 months prior to the expiration of the consent. Seneca shall ensure that all students admitted to the above-named program during the period of consent will have the opportunity to complete the program within a reasonable time frame.
Program Learning Outcomes
This Seneca program has been validated by the Credential Validation Service as an Ontario College Credential as required by the Ministry of Colleges and Universities.
As a graduate, you will be prepared to reliably demonstrate the ability to:
- Demonstrate effective critical thinking and problem solving skills.
- Demonstrate a practical knowledge of the computer as a management and accounting tool.
- Demonstrate a sound understanding of computer and information technology, as required to use and participate in the design and control of complex information systems and to manage and adapt to technological change.
- Accurately apply the knowledge and principles, learned in the Program, in the Canadian and global context.
- Effectively research, select key data, process the information and analyze data, to arrive at valid and useful conclusions.
- Demonstrate effective communication skills, oral, written, and verbal.
- Effectively integrate knowledge in different fields such as business, accounting and finance.
- Apply the principles and language of different fields: accounting, finance, law, ethics, human behaviour, auditing and economics.
- Work effectively and cooperatively as a team member, making decisions, using effective strategies and taking initiative.
- Prepare and design different business internal control systems or transactions in accounting and finance.
- Demonstrate effective learning skills and technique.
- Demonstrate accurate knowledge of organizational structure and management skills.
Admission Requirements
Learn about Seneca’s free English upgrading course and math upgrading course for applicants who don’t meet the high school requirements, as well as recommended upgrading for applicants who don’t meet their academic subject requirements.
Advanced Entry
Advanced entry offers a pathway for graduates from the following Ontario diploma/advanced diploma programs with a GPA of 70% or higher:
- Accounting
- Accounting & Finance
- Accounting & Payroll
- Business – Accounting
- Business Administration – Accounting
Applicants from the Accounting & Finance or Business Administration – Accounting programs must also obtain a minimum grade of B in ACC415, ACC540, ACC517 and ACC533 or equivalent courses from their previous postsecondary institution. If minimum grades are not met, then one or more of the following degree courses must also be taken: IAF310, IAF320, IAF410 and IAF530.
International Student Information
International admissions requirements vary by program and in addition to English requirements, programs may require credits in mathematics, biology, and chemistry at a level equivalent to Ontario’s curriculum, or a postsecondary degree or diploma, equivalent to an Ontario university or college. Program-specific pre-requisite courses and credentials are listed with the admission requirements on each program page. To review the academic requirements please visit: Academic Requirements - Seneca, Toronto, Canada (senecapolytechnic.ca).
Pathways
As a leader in academic pathways, we offer a range of options that will allow you to take your credential further in another Seneca program or a program at a partner institution.
To learn more about your eligibility, visit the Academic Pathways web page.