Business Administration

(2 years, 960 hours, 60 credits)
The following program offered is designed to prepare students in the changing nature of modern business and global competition. Theory and practice are linked through learning opportunities provided by the practical experience of excellent faculty members. The courses are organized so that students learn business concepts and principles, and apply both theory and logic to problem-solving.

Aimed at producing active minded business professionals, this program seeks to equip students with the basic knowledge and the underlying discipline of modern business practices, such as problem solving, analytical interpretation, human recourse management, accounting and marketing.

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Cape Breton University Partnership

Students graduating from the Business Administration program at CIST are eligible for direct entry into the 3rd year of CBU’s Bachelor of Business Administration program.

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Core Courses

ACCT200 – Introduction to Accounting I
This course covers basic accounting concepts and principles, their application to transactions, financial statements, and an introductory consideration of the balance sheet and income statement.

ACCT201 – Introduction to Accounting II
This course deals with accounting for corporate investments, financial statements, statement of changes in financial position, accounting in a manufacturing firm, and managerial use of accounting data.

ACCT300 – Managerial Accounting
This course focuses on the use of accounting data for budgeting, cost control, pricing, performance evaluation, and general decision making.

COMP 103 – Introduction to Computers
Technology is quickly becoming a crucial part of any profession. This course focuses on making effective use of today’s computers in order to be competitive in today’s markets.

ECON100 – Principles of Microeconomics
This course will cover the general principles of price and market theory. Emphasis will be put on supply & demand, cost structures, profit maximization, and competitive market strategies.

ECON101 – Principles of Macroeconomics
Topics include national income determination, unemployment, inflation, fiscal policy, the central bank, monetary policy, international trade, and the balance of payments.

ENGL100 – College English
This course is crucial for understanding the fundamentals of English at a post-secondary level. Students prepare for necessary grammatical writing and oral presentation to ensure their ability to proceed in programs expecting a high standard of English writing and grammar.

ENGL101 – English Composition
This course is designed to develop writing skill at a post-secondary level. The focus is on grammar, rhetoric, and logic in writing with established practice.

ENGL102 – Effective Speaking
The course concentrates on diction, pronunciation, interpretation, projection, organization and presentation of speeches of varying length. Assigned topics: extemporaneous speaking, elementary debate, and panel participation.

ENGL200 – Research Method and Bibliography
This course provides students with the necessary research skills relating to a business environment. It focuses on understanding the research process and proposal; distinguishing between good research and research that falls short of professional quality; different approaches towards problem solving; recognizing the need for ethics in conducting business research; designing a research paper using various strategies, sampling, and measurement; giving oral presentations with the use of modern technology.

FINA300 – Managerial Finance
This course is broken into 3 major sections: Capital investment, capital structure, and dividend policy. It also examines current practices in short and long term financial planning. This course will also examine the issues and risks associated with lease financing, mergers, acquisitions, and hedging.

IBUS300 –International Business
This course is broken into two main sections: (1) The concept of the multi-national firm and it's implications on financial management decisions, (2) The challenges faced in the international banking system with regard to asset/liability management, offshore financial centers, external debt and the increase of regulatory and supervisory measures.

IBUS303 – International Marketing
Students will explore the economic, cultural, political, and legal challenges involved in marketing within an international focus. Main issues will include international product policy, distribution, pricing and promotion, international consumerism, and research and management issues.

MGNT100 – Introduction to Business Management
Today’s fast paced business environment requires an integration of proficient business skills and computers skills. This course introduces students to how technology is quickly becoming an integral part of everyday business.

MGNT200 – Organizational Behaviour I
This course focuses on the macro aspect of organizational behaviour. Students will learn the basics of human needs, motivation, learning, perception, and attribution. Students will apply this knowledge in the form of open discussion sessions and case analysis.

MGNT210 – Operations Management
Operations managers are in charge of the processes that transform raw inputs into finished goods and services. This course will focus on understanding the responsibilities of an operations manager. Students will learn about operational strategies, process transformations, conflict resolution, boundary management, and standard practices used by a typical operations manager. Students will need to apply their critical thinking skills during class discussions.

MKTG200 – Introduction to Marketing
Students are introduced to basic marketing tools, segmentation, product and price positioning, distribution, and promotion. Topics include market research, buyer behavior, planning, and marketing in a global setting. The relationships between marketing and society are introduced. This course will incorporate lectures, current readings, videos, class exercises, and case analysis.

QMGT100 – Introduction to Quantitative Methods I
Purpose of this course is to provide a basic understanding of the dynamics of non-linear functions as they relate to the use of scarce resources for non-profit maximization. Students will be exposed to the basic methods of calculus and the basic concepts of probability as they relate to decision making in an uncertain environment.

QMGT 101 – Introduction to Quantitative Methods II
This course illustrates applications of basic mathematical techniques in various analysis, data manipulation aggregate planning and further financial planning. Students will further their knowledge in linear functions, linear inequalities, the simplex method, compound interest, annuities and depreciation.

QMGT 200 – Introductory Statistics for Commerce
This course provides a study of statistical concepts of business and knowledge. Concepts include statistical tools and chi-square tests on contingency tables, multiple regression analysis, and time series as they are applied to various business and economic problems.