Honours Bachelor of Commerce - Major in Accounting

Thunder Bay Campus

 

INTAKE: Jan & Sept

Program Overview

The Honours Bachelor of Commerce (BComm) program with a major in Accounting at Lakehead University provides students with a comprehensive understanding of accounting principles, practices, and regulations. The Honours Bachelor of Commerce program with a major in Accounting at Lakehead University offers a rigorous and comprehensive curriculum that prepares students for successful careers in accounting. Graduates emerge with a strong foundation in accounting principles, practical skills, ethical awareness, and professional readiness to excel in diverse roles within the accounting profession.

Curriculum:

  1. Core Business Courses: The program begins with foundational courses in various areas of business, including finance, marketing, management, and operations. These courses provide students with a broad understanding of business fundamentals and help them develop essential skills for a career in accounting.

  2. Specialized Accounting Courses: As students progress through the program, they take specialized courses in accounting that cover topics such as financial accounting, managerial accounting, auditing, taxation, and accounting information systems. These courses delve deeper into accounting concepts and prepare students for the specific challenges and responsibilities of the accounting profession.

  3. Practical Learning Opportunities: Lakehead University emphasizes experiential learning, and the BComm program in Accounting offers students numerous opportunities to apply their knowledge in real-world settings. This may include internships, co-op placements, case competitions, and projects with industry partners. These practical experiences allow students to gain valuable hands-on experience and develop professional skills that are highly sought after by employers.

  4. Professional Development: The program places a strong emphasis on professional development and prepares students for careers as professional accountants. Students have the opportunity to pursue professional accounting designations such as Chartered Professional Accountant (CPA) through additional certification programs or graduate studies.

  5. Ethical and Legal Considerations: Given the importance of ethics and integrity in the accounting profession, the program includes courses that cover ethical and legal considerations in accounting practice. Students learn about professional standards, ethical dilemmas, corporate governance, and the role of accountants in ensuring transparency and accountability in financial reporting.

  6. Advanced Topics: In addition to core and specialized courses, students may have the opportunity to explore advanced topics in accounting such as forensic accounting, international accounting standards, sustainability reporting, and accounting for mergers and acquisitions. These courses provide students with a deeper understanding of emerging trends and issues in the accounting field.

  7. Research and Analysis: The program encourages students to develop strong research and analytical skills through coursework, projects, and independent study. Students learn how to conduct financial analysis, interpret accounting data, and make informed decisions based on financial information. These skills are essential for success in the accounting profession and can be applied in various professional settings.

  8. Capstone Experience: The program typically culminates in a capstone experience, such as a senior project or thesis, where students demonstrate their mastery of accounting concepts and skills. This allows students to showcase their knowledge and expertise and prepare for entry into the workforce or further studies in accounting or related fields.

Pollster Education

Location

Thunder Bay Campus

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

CAD 33500

ENTRY REQUIREMENTS for International Students:

Application Fees : CAD $ 135

  1. Academic Qualifications:

    • Undergraduate: To be eligible for admission to Lakehead University, international students must have completed their secondary education or its equivalent. They should have achieved a minimum grade percentage of 65% or above in their qualifying examinations.
       
  2. English Language Proficiency:

    • IELTS: For undergraduate programs, the minimum IELTS score required is an overall band score of 6.5, with no individual band score less than 6.
    • TOEFL: Lakehead University accepts a minimum TOEFL score of 88 for undergraduate programs.
    • PTE: Lakehead University requires a minimum PTE score of 60 for undergraduate programs.
    • DET: Lakehead University accepts a minimum DET score of 110 for undergraduate programs.

    It is important to note that the English language proficiency requirements may vary for different programs and levels of study. 

  3. Other Requirements:

    • Transcripts: International students must provide official transcripts from their previous educational institutions, including grades and courses completed.
    • Proof of Identity: A valid passport or other identification documents are required for the application process.
    • Letter of Intent: Some programs may require international students to submit a letter of intent or statement of purpose outlining their motivations and goals for studying at Lakehead University.
    • Letters of Recommendation: Depending on the program, international students may need to provide letters of recommendation from teachers, professors, or employers to support their application.

Lakehead University values diversity and welcomes international students who meet the entry requirements. It offers a range of undergraduate programs, including the opportunity to pursue a Bachelor's degree in various fields.

Lakehead University offers several scholarships and financial aid opportunities to support international students in their academic pursuits. These scholarships recognize students' achievements and provide assistance to help cover the cost of tuition and living expenses. 

  1. International Entrance Scholarships: Lakehead University offers a range of entrance scholarships for international students who demonstrate academic excellence. These scholarships are available to both undergraduate and graduate students and are awarded based on academic achievements and potential. The values of the scholarships vary and are renewable for subsequent years based on maintaining the required academic standing.

  2. President's Entrance Scholarships: The President's Entrance Scholarships are prestigious awards available to high-achieving international students entering Lakehead University's undergraduate programs. These scholarships are valued at a significant amount and are renewable for subsequent years based on maintaining the required academic standing.

  3. Graduate Research Assistantships: Lakehead University offers graduate research assistantships to international students pursuing research-based master's or doctoral programs. These assistantships provide financial support and valuable research experience while assisting faculty members with their research projects.

  4. International Student Bursary: The International Student Bursary is a need-based financial aid program designed to support international students facing financial challenges. This bursary provides assistance to eligible students to help cover their educational expenses.

  5. External Scholarships and Funding Opportunities: Lakehead University encourages international students to explore external scholarship opportunities offered by government agencies, foundations, and organizations in their home countries. The university provides resources and guidance to help students search for and apply to these external scholarships.

It's important to note that the eligibility criteria, application process, and deadlines for scholarships may vary. Students are advised to visit the official Lakehead University website and the specific scholarship pages for detailed information on each scholarship, including eligibility requirements, application procedures, and deadlines.

A Honours Bachelor of Commerce (BComm) degree with a major in Accounting from Lakehead University equips graduates with the knowledge, skills, and credentials necessary for a wide range of rewarding career opportunities in the field of accounting. The Honours Bachelor of Commerce program with a major in Accounting at Lakehead University prepares graduates for dynamic and rewarding careers in accounting and related fields. With strong technical skills, critical thinking abilities, and ethical awareness, graduates are well-positioned to excel in diverse roles and make significant contributions to organizations and society.

  1. Public Accounting Firms: Graduates can pursue careers in public accounting firms, where they may work as auditors, tax consultants, or assurance professionals. Public accounting firms provide services to clients ranging from individuals and small businesses to large corporations, offering diverse opportunities for career growth and specialization.

  2. Corporate Accounting: Many organizations, including corporations, government agencies, non-profit organizations, and educational institutions, employ accountants to manage their financial records, prepare financial statements, analyze financial data, and ensure compliance with accounting standards and regulations. Graduates may work in various roles such as financial analysts, budget analysts, controllers, or internal auditors within these organizations.

  3. Government Sector: Government agencies at the local, provincial, and federal levels employ accountants to manage public finances, oversee budgeting and expenditures, conduct audits, and ensure compliance with government regulations and policies. Graduates may find employment opportunities in departments such as finance, taxation, auditing, and public administration.

  4. Financial Services Industry: Graduates with a major in accounting may pursue careers in the financial services industry, working for banks, investment firms, insurance companies, or other financial institutions. Roles in this sector may include financial analysts, risk managers, investment bankers, or financial advisors, where professionals use their accounting expertise to analyze financial data, assess risks, and make informed financial decisions.

  5. Consulting Firms: Consulting firms provide advisory services to clients in various industries, including accounting, finance, business strategy, and operations. Graduates with a background in accounting may work as management consultants, financial consultants, or business analysts, helping clients improve their financial performance, optimize business processes, and address complex financial challenges.

  6. Entrepreneurship: Some graduates may choose to pursue entrepreneurial ventures or start their own accounting or consulting businesses. With a solid foundation in accounting principles, financial management, and business operations, graduates can leverage their skills and knowledge to establish successful businesses in accounting, consulting, or related fields.

  7. Professional Designations: Graduates of the Honours Bachelor of Commerce program with a major in Accounting may pursue professional accounting designations such as Chartered Professional Accountant (CPA). Obtaining a CPA designation enhances career prospects and opens doors to advanced career opportunities, including senior management positions, partnership in accounting firms, or leadership roles in organizations.


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