Business Administration
Overview
This program offers a wide-ranging education in key business areas equipping students with a diverse skill set and practical experience to pursue career opportunities, or further education in related fields.
The three-year Business Administration program prepares graduates for a world of business and educational opportunities combining theoretical knowledge with practical application. For those looking to work for an existing corporation, to start their own business, or continue their education with one of Lambton's university pathways, this is the right program for you!
This program has been developed specifically for students to personalize their program of study to suit their abilities and interests and put them on the best possible path for employment. During the first year, students will participate in an active learning environment and be exposed to a curriculum that builds a solid knowledge base of the major areas of business. This lays a foundation for the areas of concentration and for the development of teamwork, leadership, and research skills.
Meet Kaila
Admission Requirements
O.S.S.D. or equivalent with:
- Grade 12 English C or U
- Grade 11 or 12 Mathematics C or U
Mature Student Assessment for this program is available in the subjects of English and Mathematics for the purpose of demonstrating proficiency in these required admission subjects. For all other admission requirements, applicants must complete the required course(s) as listed above. For more information, please contact counselling@lambtoncollege.ca. Review the Mature Student Admission process.
Academic admission requirements can be obtained through Academic Upgrading and the Pre-Programs at Lambton College.
Develop your Business Skills
Students in this program can develop their business skills by participating in our world champion social entrepreneurship team - Enactus Lambton.
Costs
- Year 1 $4,600.94
- Year 2 $4,518.94
- Year 3 $4,245.82
Please Note: These fees apply to the 2023-2024 academic year and are subject to change. Fees do not include books (unless specifically noted), supplies or living costs.
Technology Requirements
In order to keep pace with the requirements of each and every course in your program, Lambton College requires that each student have access to a laptop while studying at our college.
Accreditation Council for Business Schools & Programs (ACBSP)
This program has achieved ACBSP Candidacy status which means that this program aligns with global business standards and prepares you for success in your career.
ACBSP Candidacy signifies our commitment to high quality, industry relevant education, ensuring you gain not just knowledge but a competitive edge in the business world.
Courses
Accounting Theory & Practice I
This course is an introduction to the theory of accounting and the standard methods of record-keeping. Accounting principles and concepts are emphasized in the preparation of financial statements for both service and merchandising organizations. Topics covered, take the student through the entire accounting cycle and include preparing and posting journal entries for business transactions, adjusting and closing entries, inventory costing and valuation, merchandising transactions, payroll, and bank reconciliations. This course is designed to provide the accounting skills required in business and for those students who intend to pursue a professional accounting designation.
Workplace Communication Applications & Analysis
In today's management and administration workplace, having strong computer skills is essential. This course provides students with resources and guidance to develop skills in Microsoft Office applications, focusing on three key areas: Word, Excel, and PowerPoint. While learning about these programs, students develop skills in time management, accountability, and their ability to follow direction.
Critical Thinking & Writing
In this writing course, students respond to current issues and news articles via various styles of paragraphs and essays. Students practice thinking critically and organize and hone their writing to ensure clarity and correctness in their messages. Students explore different perspectives, and through synthesis, analysis, and response, strive for clarity of message and diplomatic expression of opinion based on fact. One of the pillars of Lambton College is a commitment to sustainability and equity, diversity, and inclusion, including Indigenization of the curriculum; where appropriate, readings in this course will reflect this commitment. Critical Thinking and Writing lays the foundation for a subsequent research-writing course.
Marketing Fundamentals
This introductory marketing course provides students with a comprehensive overview of the principles, concepts, and practices of marketing. Marketing plays a critical role in today's business landscape, helping organizations effectively connect with their target audiences, create value, and drive business success. This course explores the fundamental theories and techniques of marketing while also emphasizing the role of sustainability in creating long-term value for businesses, society, and the environment. Students are introduced to various marketing components, including consumer and business buying behaviour, customer segmentation, marketing research, product development, pricing, distribution, and integrated marketing communications.
Business Mathematics I
This is a course in the mathematical concepts needed for success in the modern business world. We will study percentages, ratios and proportions, exponents; algebraic manipulation and solution of equations and equation systems; plotting, graphing and reading descriptive charts; deriving and presenting descriptive statistics.
Human Resources Management
Effective Human Resources Management (HRM) is critical to the success of organizations today. This course will provide an overview of the key concepts of HR management and will include some history and theory of the HR function and important terminology. It will introduce students to the core competencies of effective HR practitioners and allow for self-assessment against these competencies. We will be discussing core HR practice areas such as Strategic Planning, HR Planning, HR Administration, Talent Management, Training Learning and Development, Performance Assessment, Total Rewards (including Compensation and Benefits) Employee and Labour Relations and Health and Safety in the workplace. In addition, the course looks at the legal environment for effective HR management, and the role of HRM in mergers and acquisitions and organizational change management.
Accounting Theory & Practice II
This course is a continuation of ACC-1004, and it introduces additional and more advanced concepts. Topics covered include accounting for property, plant and equipment, and intangible assets as well as short- and long-term liabilities and the different forms of equity. Students will also learn how to report cash flows. This course is designed to provide accounting skills required in Business Administration and for those students who intend to proceed towards a professional accounting designation.
Entrepreneurial Mindset
This course introduces students, through a Canadian lens, to the development of an entrepreneurial mindset. The ability to think like an entrepreneur and act like an innovator are critical skills for success across industries and are proven tools to help distinguish individuals in the workplace. Whether applied in a start-up company, or as an employee within an existing organization (intrapreneurship), learners develop knowledge on how to navigate barriers to creating, developing, and sustaining innovative new initiatives. Topics related to the development of resilience, focus, productivity, creativity, and success are introduced to support learners in building their own entrepreneurial capacity.
Communications for Business
This course provides students with the skills required for professional, written, and oral communications essential to business success and subsequent courses. Students will develop database and internet research skills; prepare professional written business communication; and create, practice and deliver professional oral presentations. Students will research and document borrowed information in a business report and will demonstrate critical reading and thinking skills.
Business Mathematics II
This course applies mathematical principles to problems of finance and probability. We will study simple and compound interest, annuities, bonds, project evaluation, laws of probability, and probability distributions.
Job Search & Succes
This course provides student with skills and knowledge to help support their career search and succeed in the workplace. Students align their personal skill set and goals to guide them on their career paths. They will learn how to effectively conduct a job search, build a professional and well-tailored resume and cover letter, and develop and practice interview techniques. Students will also develop their personal brand to help support effective career networking and aid in their job search. Teamwork and collaboration in the workplace are also discussed. Self-reflection is used to inspire insight and support their professional career journey.
General Education Elective
Business Statistics
This course is designed to provide students with an understanding of statistics. It includes regression analysis, probabilities and distributions, sampling, statistical estimation, and hypotheses testing.
Microeconomics
This course provides an understanding of how society chooses what goods and services to produce through an examination of the laws of supply and demand as well as how and for whom they are produced by examining the behaviour of firms, market structures and the distribution of income.
Social Media Marketing
This course explores online marketing tools and tactics, such as social media, email, digital advertising and content marketing, that businesses can use to build a profitable relationship with their customers. Students engage in simulated social media, email and digital advertising campaigns to gain a better understanding of how to use these tools in their marketing efforts. Along with learning about digital and social media marketing, students learn general principles of marketing that are key for every business, regardless of industry or size: identifying who your customers are; understanding what needs they have that you are uniquely able to serve; creating a brand voice that speaks to them; identifying who your competitors are; deciding how to differentiate your offering from theirs; and creating a plan for engaging customers across social media and digital advertising platforms.
Organizational Behaviour
This subject is an examination of the contemporary Canadian business environment including the organization, leadership and management decision process which influences the behaviour of individuals and groups. Increased global competition, technological change and the rising expectations of both employees and employers have underlined the need for improved and more effective leadership. This subject provides a better understanding of this process.
Secondary Market Research
This course introduces students to the constantly expanding world of secondary data research. This is the first of two research courses designed to develop research techniques and skills that meet the needs of today's business. Students develop their research technology skills by learning how to locate, evaluate, and qualify high-quality data. Students strengthen their ability critically interpret and evaluate the data collected and suggest potential trends and implications. An important focus of the course is learning to create appropriate tables, graphs, and infographics that aid in understanding and visualizing the data. Through a series of research assignments, students learn to craft high-quality written reports, presentations and infographics with accurate references and citations. Throughout the course, students are exposed to a wide variety of government, business, and economic information expanding their knowledge of the dynamic business environment.
Business Option - Select 1
Business Law
In this course, students are prepared for a business environment increasingly affected by laws. They learn how laws must be understood and applied by management in the conduct of business. They also learn how to analyze a business situation from a general legal perspective. Emphasis is placed on methods of dispute resolution, contracts, torts, employment law, methods of carrying on business, sale of goods, and marketing law.
Macroeconomics
This course provides an understanding of the role of economics in business decision-making through the study of the methodology of economics, the components of the Canadian economy, cycles in the economy, macroeconomic goals, the measuring of economic performance, and government intervention in the economy as government attempts to manage the economy.
Operations Management
Operations and supply chain management have evolved into one of today's most important business disciplines. In the dynamic world of manufacturing and service delivery, designing systems more effectively and efficiently is a key source of competitive advantage. This course introduces business students to foundational concepts and practical methods used in the design and operations of manufacturing and service firms. Students explore strategic decisions related to how firms compete including operations strategy, supply chain design, process and facility design, and capacity planning. Students also learn tactical and day-to-day strategies for inventory management, forecasting, resource scheduling, quality control, project management, and lean operating systems.
Primary Market Research
This course emphasizes the important role that primary market research plays in guiding strategic decision-making. Students build on their market research skills as they develop primary research instruments through practical application. This includes creating and implementing tools, analyzing the data, and presenting the findings with recommendations to their client.
Integrated Marketing Communications
In today's marketing world, there are more advertising contact points and specialized media competing for consumer's attention than ever before. To effectively break through the clutter, companies need to use a well-coordinated approach to selecting different promotional methods to differentiate their communication and present a consistent message to target audiences. This course introduces students to the concept of integrated marketing communications (IMC); a strategic planning process that helps companies identify the most appropriate and effective methods for communicating and building relationships with consumers. Students will learn the essential components of an IMC plan, including how to integrate advertising, sales promotions, public relations, direct marketing and digital media to maximize the impact of communications. Students will utilize this knowledge to build their own comprehensive marketing communications plan for a selected product or service.
General Education Elective
Co-op Work Term (optional)
Co-operative education provides students with the opportunity to apply classroom learning to the workplace, undertake career sampling and gain valuable work experience that may assist students in leveraging employment after graduation. For further information regarding co-op, please refer to: https://www.lambtoncollege.ca/co-ops-placements
Entrepreneurship I
As the first of a two-part capstone, students use an entrepreneurial and project management approach to assess the viability and sustainability of a business idea. Students explore the United Nations 17 Sustainable Development Goals (SDGs) examining the role of businesses in addressing global challenges such as poverty, climate change, and inequality, by conducting a thorough research analysis and delivering a feasibility study for a new entrepreneurial venture. Students engage in team building, meeting strategies, and project planning activities that emphasize the importance of equity, diversity, and inclusion in fostering an inclusive learning environment. Students develop creativity, critical thinking, and problem-solving skills within the context of business entrepreneurship. These activities enhance leadership and communication abilities, essential for success in the business world.
Financial Analysis & Budgeting
This course is an introduction to the essentials of financial management with a view for wealth maximization of a business enterprise. Topics covered in this course include the following: analysis of financial performance, cost-volume-profit analysis, financing alternatives and costs, management of working capital, budgeting, and capital investment decisions.
Financial Management I
This course provides an overview of financial management and covers financial statement analysis, forecasting, operating and financial leverage, working capital management, and sources of short-term financing. It provides a brief review of time value of money concepts as a stepping stone for capital budgeting decisions to be reviewed in Business Finance II. Some long-term financing valuation concepts are also addressed.
General Education Elective
Business Options - Select 3
Entrepreneurship II
As the second of a two-part capstone, students undertake two major projects that further strengthen their creativity, critical thinking, and problem-solving skills within the realm of business entrepreneurship, while emphasizing the importance of equity, diversity, and inclusion in fostering an inclusive learning environment. In the first project, students create the operations and human resources strategies for their chosen business idea, doing so while considering the United Nations 17 Sustainable Development Goals (SDGs). For the second project, students create a financial strategy for their entrepreneurial venture. Students quantify the social, economic, and environmental impact of their new venture and audit the business' impact regarding the 17 SDGs. Through these two projects, students have constructed a portfolio that highlights their comprehensive business knowledge, exceptional skills, and outstanding talents.
Ethical Leadership & Critical Decision Making
This interdisciplinary course combines insights from the field of business with social psychology and applied ethics to challenge students with an introspective look at some of today's most important ethical dilemmas. Students in PHL-1253 learn that the ethical standards employed by businesses and corporations ultimately concern the quality of human behaviours in those organizations. Human behaviour evolves from many influences: our past relationships, the ways we think and feel, how we respond to pressures in various social contexts, and how we deliberate in our daily thoughts and actions. Each of these influences is intimately involved with the quality of our ethical decision making.
Financial Management II
This course builds upon the theories and principles of managerial finance learned in Financial Management I. It introduces the student to the theories and principles of long-term financing decisions and capital budgeting decisions. The purpose of this course is to complete the introduction to the theory and principles of managerial finance.
Business Options - Select 4
Selecting Business Option Courses
To see the specific course options available for Business Options, please visit the More Information tab to view the 12 business option courses.
Contact
Program Information
1-844-LAMBTON
Business, English & Liberal Studies
After Graduation
Employment Opportunities
Depending on your unique skills and chosen area of concentration, you can expect to enter a broad range of employment roles, from entry-level management to positions of greater responsibility. Our graduates can be found in marketing management and strategic planning, marketing research, media and promotion, retailing, sales, supply chain management, recruitment, training and development, and labour relations. Some graduates have opted to become entrepreneurs and follow their dreams by developing their own businesses.
Pathways
Transfer to Programs within Ontario
We’ve worked with Ontario colleges to provide the following transfer opportunities:
- Bachelor of Commerce - Three-Year - can be complete at Lambton College
- Bachelor of Commerce - Four-Year - can be complete at Lambton College
- Honours Bachelor of Interdisciplinary Studies
- Honours Bachelor of Commerce - Business Management
- Honours Bachelor of Commerce - Human Resources Management
- Honours Bachelor of Commerce - International Accounting & Finance
Want to see more Ontario transfers? Visit ONTransfer.ca.
Transfer to Programs outside of Ontario
- Bachelor of Business (Honours) - enter third year of four-year program
- Bachelor of Business Administration (BBA) - International Business
- Upon completion of the BBA, students can also access pathways into the JAMK MBA program
- Bachelor of Arts in Business & Sustainability - minimum B average in Lambton College program
Co-op
About Co-op
Students in this program have the opportunity to gain valuable work experience by applying classroom learning during co-op experiences.
Learn more about co-op terms and the roles and responsibilities of students and co-op advisors.
Experiential Learning
Taking a college business program with a co-op can provide significant value to students as it allows them to gain practical work experience, apply their academic knowledge in real-world scenarios, and make professional connections.
Co-op programs provide students with the opportunity to work in a professional setting, develop their skills, and gain exposure to the industry while earning academic credits. This valuable experience can help graduates stand out in the competitive job market, improve their employability, and prepare them for a successful career in the business world.
Program Capabilities
Program Capabilities outline what skills students should possess as they progress through each term/year of their program.
Students and employers will find this information most useful and can reference either the list of skills or the full program capabilities document to ensure students are gaining the experience they need to fulfill the program requirements.
More Information
Business Options
Entrepreneurship
- Fall Term Courses
- ACC-3083 Managerial Accounting
- ACC-3154 Accounting & Finance
- MKT-3103 Consumer Behaviour
- MKT-3113 Retailing
- CPT-4333 Introduction to Project Management
- CSCP-0543 Customer Relationship Management
- Winter Term
- ACC-3083 Managerial Accounting
- ACC-3403 Computerized Accounting Systems
- MKT-3403 Selling
- CPT-4333 Introduction to Project Management
- CSCP-0543 Customer Relationship Management
Human Resources
- Fall Term Courses
- POD-3203 The Legal Aspects of HR
- OHS-1023 Occupational Health & Safety
- Winter Term Courses
- POD-2004 Total Rewards
- POD-2103 Talent Acquisition
- POD-2403 HR Analytics
Technology Requirements
It is recommended that students purchase a laptop with a Windows operating system.
Internet Speed Requirements
For best performance for students learning remotely, an internet connection with a minimum of 40 Mbps download and 10 Mbps upload speed is recommended in order to effectively use video conferencing and remote lecture delivery software as well as, other online resources remotely. Due to the large area over which students may be dispersed, we are unable to recommend a specific provider, so you will need to inquire around your area to find one that best suits your needs.
Minimum Laptop Requirements
In order to access the internet and virtually-delivered software and courseware, student laptops should include the following at a minimum. By meeting the following specifications, students will be equipped to access software and courseware on their laptop through the internet:
- Intel i5 8th Gen Processor or equivalent
- 16 GB of RAM (with a minimum of 8 GB)
- 100 GB HDD or more
- HD Graphics
- Webcam with a microphone
- Wireless 802.11n/ac 5ghz capable
- Windows Operating System (Windows 11)
Software
To ensure students are getting the most our of their classroom experience, some software will be required.
Lambton College has made this software easily accessible online. Students can leverage our Microsoft Office 365 software packages and services. In addition, much of the software you require for your courses will be available on demand for use on any device - on or off campus.