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: BCIT Financial Management


1XTC
09-06-2010, 01:31 PM
Anyone have any idea what it's like in this course?? I have to know so I can shift to the right gear lol =)

p.s tomorrow is bcit orientation day :blush:

ajax
09-06-2010, 02:26 PM
If you get your shit together, not slack off and do all your work it'll be fine. Don't bother working full time unless you're some kind of super human. If you haven't bought your textbooks yet lemme know.
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ajax
09-06-2010, 02:28 PM
I'm volunteering at the orientation. I'll be the brown guy with the fauxhawk lol feel free to say hi
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xPhuong
09-06-2010, 07:19 PM
I need some of those textbooks I'm in the same course.
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mc.
09-06-2010, 08:46 PM
got some friends in there. Told me that the work load is brutal, but if you work hard, you'll do fine.

tiger_handheld
09-06-2010, 09:41 PM
u need 6th gear , plan to use turbo as well.

mickz
09-06-2010, 09:45 PM
ITMG has the same basic classes as FinMan for the first year so I can relate to this.

I went to the Orientation when I took ITMG and it was a waste of time. Pretty much you just sit in the gym, play some drums, listen to a few people talk and take a campus tour.

Be prepared to live at BCIT when you are going to school. When you aren't in class you'll be busy with meetings with your various OB or Marketing groups working on projects.

Are you going straight from high school? I went straight from highschool to BCIT Business and it murdered me because I didn't take it seriously. Not trying to scare you but be prepared to have no life for two years.

dhari
09-07-2010, 02:21 PM
fmgt is killer. do your hmk and study.

over 60% of full time students drop out or do part time after the first semester. lots of people cannot handle the workload. but that is why a fmgt diploma is recognized so highly among employers.

i have a better job with a diploma than some friends who have BBAs .

1XTC
09-07-2010, 03:08 PM
aiightt


I GOT THIS YO

hotshot1
09-08-2010, 12:08 PM
First year was pretty easy imo but 2nd year just murdered me. Do not slack off or skip whatsoever.

Jeremy617
09-08-2010, 12:25 PM
yeah first year is a bit of a joke if you're smart and can pick things up quickly.

You have to do alot of BS courses that are pointless, like marketing, communications, and some course i can't remember the name of where the whole term is just 1 group presentation and 1 solo presentation. basically all your marks in that course are whether or not you actually go to class to watch other peoples presentations.

Second year, first term isn't so bad, second term sucks.

Make sure to join the BCITFMA club that me and a few others started a couple years back! That'll help to get you some exposure with local employers.

http://bcitfma.com/

Girl
09-08-2010, 12:27 PM
Just know you're sacrificing 2 years of your life. Organize yourself and enjoy the ride. Have fun in the all the group work.

BCIT - Being Crammed Into Teams

!Nhan
09-08-2010, 08:32 PM
First semester isn't really that bad. Second semester gets tougher with some of the finance courses. Second year is just fucking expensive. Right now I'm forking out a grand for books and it's so stupid. Even working part time is hard with the course load.

Ajax did you go finance or accounting?

Stevie P
09-09-2010, 10:10 AM
The only classes you have to worry about are accounting and tax.
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RacePace
09-09-2010, 11:41 AM
yeah first year is a bit of a joke if you're smart and can pick things up quickly.

You have to do alot of BS courses that are pointless, like marketing, communications, and some course i can't remember the name of where the whole term is just 1 group presentation and 1 solo presentation. basically all your marks in that course are whether or not you actually go to class to watch other peoples presentations.

Second year, first term isn't so bad, second term sucks.


This is the key, focus on about 4 core courses and you'll be ok

1XTC
09-09-2010, 08:42 PM
I don't feel like reading communications book and organization behaviour book.. because there's so much text in there about crap that I don't give a shit about =(

-----------------------------------------
btw the 7 courses for 1st term r

accounting 1
business math
micro economics

organizational behaviour - idc
business info systems - cool, i like computer stuff
business communcations - idc, i just wanna sit at a desk all day and make money
essentials of marketing - idc

!Nhan
09-09-2010, 09:17 PM
all those classes i think are weighted the same credit wise so you should do well in all of them haha. comm isn't about sitting in a desk, it teaches you how to properly do a resume cover letter. also teaches you how to write emails and what not in a proper business manner. bsys is good for learning excel and what not. any questions just ask me

ajax
09-09-2010, 09:38 PM
I went the accounting route Mike. I'm assuming you went finance because I haven't seen you in any lectures?
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!Nhan
09-09-2010, 09:49 PM
lol no man i'm in accounting too

UnDeadMage
09-09-2010, 10:04 PM
what are the 4 main courses in first year?

!Nhan
09-10-2010, 07:36 AM
accounting1/2, econ, business math/stats and mayb comm?

Jeremy617
09-10-2010, 12:13 PM
all those classes i think are weighted the same credit wise so you should do well in all of them haha. comm isn't about sitting in a desk, it teaches you how to properly do a resume cover letter. also teaches you how to write emails and what not in a proper business manner. bsys is good for learning excel and what not. any questions just ask me


BCOMM was full of so much bad advice it's unreal.

they actually stated that in all circumstances you should ALWAYS WRITE THE SUBJECT LINE OF YOUR EMAILS IN FULL CAPITALS.

you'll have people laughing at you pretty quick if you do that IRL.

RacePace
09-10-2010, 12:29 PM
accounting1/2, econ, business math/stats and mayb comm?

Not Comm. Tax 1 in second semester, then Finance and Auditing will come into the mix in 2nd year in place of Stats and Econ if I remember correctly

!Nhan
09-10-2010, 01:59 PM
BCOMM was full of so much bad advice it's unreal.

they actually stated that in all circumstances you should ALWAYS WRITE THE SUBJECT LINE OF YOUR EMAILS IN FULL CAPITALS.

you'll have people laughing at you pretty quick if you do that IRL.

i'll have to keep that in mind then lol

Not Comm. Tax 1 in second semester, then Finance and Auditing will come into the mix in 2nd year in place of Stats and Econ if I remember correctly

he was asking for first year. and yes finance and auditing replace stats and econ in second year

TheNewGirl
09-10-2010, 02:32 PM
I have been working full time in accounting for 5 years but learned everything on the job rather then in school. I do have some of the business courses which I can transfer (like org behavior and business communication) from Douglas and SFU.

I was thinking about taking this program part-time. What's the required course load on part timers? Anyone know? 2 courses a semester? Or is it 3?

dhari
09-10-2010, 03:11 PM
^u can take max 4 classes part time i think.

1XTC
09-10-2010, 06:45 PM
nvm accounting isnt that hard its just like socials 10-11 where you have to know a lot of stuff and reading more/repetition will eventually make the connection, i probably already have a good guess/idea on how the tests will be like already =)

ajax
09-10-2010, 07:04 PM
Who are your profs xtc?
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1XTC
09-10-2010, 07:34 PM
for

accounting 1 - lecture(Jo-Ann L. Johnston) lab(David K. Chan)
business math - lecture/lab(Myra Andrews)
micro economics - lecture(Robert Delorme) lab(Eddy fung lol)

organizational behaviour - lecture(dunno) lab(Deborah J. Cleveland)
business info systems - lecture(Ronald McMillan) lab(Masoud Jihad)
business communcations - lecture(Gretchen Quiring) lab(James Peterson)
essentials of marketing - lecture(Jeff Collier) lab

!Nhan
09-10-2010, 07:44 PM
myra is the best prof for business math. try to get her for stats as well. i don't know much about your other profs except masoud can get pretty annoying sometimes. you'll ask him a question and he'll tell you to go look on the bsys website. pretty annoying if you ask me

EDawg
09-10-2010, 08:38 PM
fmgt is killer. do your hmk and study.

over 60% of full time students drop out or do part time after the first semester. lots of people cannot handle the workload. but that is why a fmgt diploma is recognized so highly among employers.

i have a better job with a diploma than some friends who have BBAs .

just out of curiousity what kind of job do you have? and your friends with BBAs?

hotshot1
09-11-2010, 12:08 AM
for

accounting 1 - lecture(Jo-Ann L. Johnston) lab(David K. Chan)
business math - lecture/lab(Myra Andrews)
micro economics - lecture(Robert Delorme) lab(Eddy fung lol)

organizational behaviour - lecture(dunno) lab(Deborah J. Cleveland)
business info systems - lecture(Ronald McMillan) lab(Masoud Jihad)
business communcations - lecture(Gretchen Quiring) lab(James Peterson)
essentials of marketing - lecture(Jeff Collier) lab

LMAO. It's Jalili, and I thought he was pretty cool. Also, Eddy Fung makes me wanna burst out laughing every time I talk to him.

goo3
09-11-2010, 01:02 AM
I have been working full time in accounting for 5 years but learned everything on the job rather then in school. I do have some of the business courses which I can transfer (like org behavior and business communication) from Douglas and SFU.

I was thinking about taking this program part-time. What's the required course load on part timers? Anyone know? 2 courses a semester? Or is it 3?

I don't know for sure, but I'd guess you're ok with 1 since it's p/t.

ajax
09-11-2010, 03:27 PM
Bob Delorme is actually a pretty funny guy with a very dry sense of humour. Myra is a great math teacher and hope you get her for stats again. Ronny mac is good too but Masoud is hard to understand sometimes and doesn't answer some questions very clearly. Finally Jeff is not that great of a teacher but is a pretty cool guy. Marketing with him was eaasssyyy.
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UnDeadMage
09-11-2010, 03:34 PM
lol my god eddy fung and his accent is almost ridiculous. and he keeps saying "okay" and "is that okay".

TheNewGirl
09-13-2010, 01:50 PM
I don't know for sure, but I'd guess you're ok with 1 since it's p/t.

Awesome. Some of the programs I looked at have a minimum as well as a max for part time students.

dhari
09-13-2010, 02:17 PM
lol my god eddy fung and his accent is almost ridiculous. and he keeps saying "okay" and "is that okay".

OH MAN! ahhahah i love edddyyy

dhari
09-13-2010, 02:18 PM
just out of curiousity what kind of job do you have? and your friends with BBAs?

im an accountant.

the friends with bba's are either unemployed or accounts payable clerks.

!Nhan
09-13-2010, 05:04 PM
im an accountant.

the friends with bba's are either unemployed or accounts payable clerks.

Can you elaborate on accountant? Designation or working doing accounting work for a company

Euro7r
09-14-2010, 01:06 AM
Anyone got any hookups/leads for accounting related positions? I don't have any accounting experience, making things tough to land a position.

dhari
09-14-2010, 07:58 AM
Can you elaborate on accountant? Designation or working doing accounting work for a company

im a staff accountant at some company downtown.
level 4 cga, almost ready to do the pace levels.

TheNewGirl
09-14-2010, 08:19 AM
Anyone got any hookups/leads for accounting related positions? I don't have any accounting experience, making things tough to land a position.

If you're looking to get into accounting (really more bookkeeping) without experience I would start looking for a clerking position. Particular accounts receivables is a good place to start with little or no experience. That's how I got into my potion. I started as an AR clerk, then moved into AP and then human resources and payroll. Now I do full cycle accounting for a small business and am working on going back to school to eventually get a designation.

It's the long route but you end up with a pretty well grounded in practical experience while getting paid better then your average intro position. And you will know if you're a good fit for it before you invest a bunch of time and money into going to school.

Purely
09-14-2010, 02:41 PM
is the finance option only available in part-time? ( on the site it says only part-time)

!Nhan
09-14-2010, 03:49 PM
im a staff accountant at some company downtown.
level 4 cga, almost ready to do the pace levels.

Wouldn't this be what separates you from your friends who have their BBA's? You're a level 4 CGA which means you're almost done which means you're more specialized and more work ready compared to them. Not only that, but you've also done more schooling than them as well, so I don't think it's really fair to say you're doing better than they are when they could be at the same position you are in

dhari
09-15-2010, 09:41 AM
^ i only have a diploma from bcit. thats way less schooling than a BBA

icemiko
09-15-2010, 10:58 AM
You can get into the CGA program with only a Financial Management diploma? I thought you need a degree?

RacePace
09-15-2010, 11:10 AM
you can get in with a diploma, but you need a degree to finish

Gt-R R34
09-15-2010, 11:19 AM
you don't need either, you can take the CGA program that CGA offers, You could take classes at their CGA office on Broadway. This information is like 5 years old. Haha I don't know if that has changed.

The one that needs a degree to be even considered is CA or Chartered Accountant.

Dhari's coment about BBA, i think that comment is pretty dependant on the person itself. Depends where they did their BBA and in what major.

I know tonnes of Commerce/BBA grads as CAs, CFAs, bank analyst, CFOs, COOs. stuff like that. Granted i'm an old fart in terms of RS. But most of them came out with a decent job and income. And no unemployed or accounts payable clerk that's for sure.

Wetordry
09-15-2010, 12:07 PM
You dont need anything to get IN to the cga program. However, in order to get the designation, you will need a degree.


CGA Route (through fin man)
- finish 2 yr fin man @ BCIT
- finish 2 yr Bachelors of Technology @ BCIT (can be full time or pt)
- Transfer all courses over to CGA
- Complete couple more PACE level courses

UnDeadMage
09-15-2010, 12:48 PM
CGA Route (through fin man)
- finish 2 yr fin man @ BCIT
- finish 2 yr Bachelors of Technology @ BCIT (can be full time or pt)
- Transfer all courses over to CGA
- Complete couple more PACE level courses

does this work for being a CA as well? except replace CGA with CA?

Euro7r
09-15-2010, 02:41 PM
If you're looking to get into accounting (really more bookkeeping) without experience I would start looking for a clerking position. Particular accounts receivables is a good place to start with little or no experience. That's how I got into my potion. I started as an AR clerk, then moved into AP and then human resources and payroll. Now I do full cycle accounting for a small business and am working on going back to school to eventually get a designation.

It's the long route but you end up with a pretty well grounded in practical experience while getting paid better then your average intro position. And you will know if you're a good fit for it before you invest a bunch of time and money into going to school.

A lot of entry level job openings even demand 1-2 years experience. Don't even know how I am going to get this experience, for them to even consider. I guess volunteer is one route.

TheNewGirl
09-15-2010, 03:23 PM
They say they do but you can get around it. APPLY APPLY. APPLY. Especially to places where you have room for advancement, large centers, while soul killing in may ways, are handy for this.

If you're job hunting I also highly recommend getting involved with a job club like Theo - it sounds lame but they have case workers that will do a lot of the leg work in your job search for you and help you with your front pages and resume to target your job search better. The case workers often have access to job lists and data banks the average person does not. They'll also coach you on cold calling and other methods of job search that work far far better then the classifieds.

Usually you need to go to a company like RDK and they'll refer you to a job search program that works for your needs. Some are good, some are bad. Personally I had fantastic experiences and my case worker found me the exact job I wanted at the time.

You can also look at companies like H&R Block, they intake untrained people, or people with minimal data entry experience and hire them on during tax season to do income taxes and such. It's really glorified data entry BUT it's at least dealing with money and there's your foot in the door, or at least some experience to add to your resume.

When I'm hiring clerks I look for people with data entry experience because I know they can handle the tedium of inputting invoices and have an eye for accuracy. The rest can be taught but those things are most important to me. A lot of people do NOT have the patience for plugging info into a comp all day and reviewing reports.

Euro7r
09-15-2010, 03:49 PM
They say they do but you can get around it. APPLY APPLY. APPLY. Especially to places where you have room for advancement, large centers, while soul killing in may ways, are handy for this.

If you're job hunting I also highly recommend getting involved with a job club like Theo - it sounds lame but they have case workers that will do a lot of the leg work in your job search for you and help you with your front pages and resume to target your job search better. The case workers often have access to job lists and data banks the average person does not. They'll also coach you on cold calling and other methods of job search that work far far better then the classifieds.

Usually you need to go to a company like RDK and they'll refer you to a job search program that works for your needs. Some are good, some are bad. Personally I had fantastic experiences and my case worker found me the exact job I wanted at the time.

You can also look at companies like H&R Block, they intake untrained people, or people with minimal data entry experience and hire them on during tax season to do income taxes and such. It's really glorified data entry BUT it's at least dealing with money and there's your foot in the door, or at least some experience to add to your resume.

When I'm hiring clerks I look for people with data entry experience because I know they can handle the tedium of inputting invoices and have an eye for accuracy. The rest can be taught but those things are most important to me. A lot of people do NOT have the patience for plugging info into a comp all day and reviewing reports.

Thanks for the feedback. Most of the time I see a job posting that interests me, but I don't bother applying because they ask for 1-2 years of experience which I don't have. Therefore, I don't feel there is a point in applying since they probably wouldn't consider me due to the fact, not many companies would want to train someone from bottom up.

!Nhan
09-15-2010, 07:10 PM
^ i only have a diploma from bcit. thats way less schooling than a BBA

An exit requirement for the CGA is a degree so eventually you will have to complete that and in the end it will be the same amount of time spent at school

dhari
09-15-2010, 08:24 PM
An exit requirement for the CGA is a degree so eventually you will have to complete that and in the end it will be the same amount of time spent at school

agreed
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UnDeadMage
09-15-2010, 08:46 PM
so when im done the fin man program at bcit, would getting a CA designation be the same as CGA practically?

!Nhan
09-15-2010, 09:09 PM
so when im done the fin man program at bcit, would getting a CA designation be the same as CGA practically?

You need a degree before you can even hand in your CACEE. CA is a harder designation to get IMO and a lot of it comes from standing out from the rest of the pack at networking events.

Nhat
09-16-2010, 10:37 PM
You need a degree before you can even hand in your CACEE. CA is a harder designation to get IMO and a lot of it comes from standing out from the rest of the pack at networking events.

wow its like you just came out of a cram session or something. You know so much ;)

Gt-R R34
09-16-2010, 11:38 PM
naw, you don't need a degree to hand in your CACEE form,
but you do need to be in university, and not BCIT.

CACEE forms can be done while you're in university, but with the prior correct pre-reqs.

To get the CA, it's 5000? i forgot the hours, 6 mods, and the UVE. exams, even if you fast track it. it's roughly 3years.

And No. Chartered Accountants can't not get in via. BCIT.

if you do DAP, when you have a degree, then !Nhan is correct, you need the degree first.

EDIT: on a side note, you need a CA qualified AC firm for you to even have the chance to get the degree. If the company isn't CA, you can't get CA.

Chartered Accountants is recognized in most developed countries. Hence why it is more stringent and more involved.

CGA is Canada only.

!Nhan
09-17-2010, 08:35 AM
naw, you don't need a degree to hand in your CACEE form,
but you do need to be in university, and not BCIT.

CACEE forms can be done while you're in university, but with the prior correct pre-reqs.

To get the CA, it's 5000? i forgot the hours, 6 mods, and the UVE. exams, even if you fast track it. it's roughly 3years.

And No. Chartered Accountants can't not get in via. BCIT.

if you do DAP, when you have a degree, then !Nhan is correct, you need the degree first.

EDIT: on a side note, you need a CA qualified AC firm for you to even have the chance to get the degree. If the company isn't CA, you can't get CA.

Chartered Accountants is recognized in most developed countries. Hence why it is more stringent and more involved.

CGA is Canada only.

You can be a grad or attending BCIT to hand in your CACEE forms. You can't seriously think that if you go to BCIT you can't become a CA do you? Consider the fact that CA has a cram session at BCIT over a "university" like Douglas or Capilano. Also the fact that BCIT hosts a meet and greet night with CA and CA firms from the lower mainland. I think you should rethink that idea that you need to be in a university to become or hand in your CACEE instead of being at BCIT

The CGA is also recognized in places like Australia and the UK I believe

Gt-R R34
09-17-2010, 09:57 AM
let me re-phrase that, the wording isn't specifically what i wanted to say. If you go to BCIT for a diploma, unless you going to a degree you won't be able to become a CA.
Therefore you can't in essence do your CACEE form with a margin of success. In essence, University will always be better then BCIT for this instance. And don't tell me, i'm bias, I have taken a couple of courses for work @ BCIT right now and it's a great school.

Yes BCIT has a meet and greet with CA firms but they're for all the Bachelor of Tech Degree in Accounting, therefore a degree.

I should apologize, I'm pretty old school. Unlike you youngings.

When i went to school: BCIT = Diploma/Trade. U = Degree.

1XTC
09-17-2010, 07:20 PM
i would do my degree at ubc because i am bored of bcit's surroundings

Purely
09-21-2010, 04:08 PM
What is the difference between part time and full time? I am kind of interested in finance, and it seems like part time is the only option.