• Why Study Business at TWU?

    Student Spotlight

    Scott Forsyth

    TWU business major & dance choreographer. Find out more about Scott at twu.ca/scott

    Potential Careers

    TWU’s School of Business has prepared its graduates to pursue careers in accounting, sales and marketing, corporate or personal financing, advertising, banking, public relations, human resources, and law.

    Students have furthered their studies at TWU and entered the Master of Business Administration program (M.B.A) where students choose a direct study between Non-Profit and Charitable Organization Management, or Management of the Growing Enterprise. The iM.B.A program focuses on International Business and is for business graduates who seek careers in global business.

    TWU’s School of Business is the largest program in Canada that provides business education from a Christian faith perspective and is also one of the leading majors at TWU.

    Students from the School of Business obtain skills in communication, problem solving, goal setting, team building, and ethical decision making.

    Students can excel and study in any area of interest, yet still receive a thorough business education. The School of Business offers a Bachelor of Business Administration (BBA) that includes six possible specializations: accounting; corporate finance; human resource management; international business; leadership and management and marketing. Also, an honours program in business administration is offered (BBA Honours) for students achieving high grades.

    A Bachelor of Arts with a major in business administration (BA) allows flexibility. With this degree, students can expertise in business, liberal arts, and other academic disciplines.

    The School of Human Kinetics and School of Business have combined interests in business and recreation for students called, the Bachelor of Arts in sports and leisure management (BA).

    The School strives to prepare students for the professional world of business. In addition, several opportunities are available for students to get a competitive edge by putting what they’ve learned into practice.

    • Students can travel to China and Europe and learn about international business.
    • Students can integrate academics at co-op placements with companies like BC Hydro, Bank of Montreal, The Salvation Army, and Nesbitt Burns.
    • Laurentian Leadership Centre in Ottawa, ON has internships for students who wish to work in a local business or political office.
    • Students can compete in the International Undergraduate Case Competition at Royal Roads University (RRU) in Victoria, B.C and use their analytical, decision making, and communication skills to solve problems facing real businesses.
  • Courses

    • BUSI 111 Introduction to Business and Management

      Modern business is studied in its various aspects: economic and social setting, business classifications and financial requirements, business structure and functional areas, basic concepts and techniques, practices and responsibilities, and career opportunities in business.

    • Economics 102 Principles of Macroeconomics

      Basic lessons of macroeconomics, where the economic growth and economic fluctuations are studied. Issues such as GDP, CPI will be discussed. Long-run trend and causes of economic growth rate, unemployment rate and inflation rate will be examined. Short-run fluctuations of an economy around the long-run trend. Government responses to the short-run fluctuation of an economy, namely monetary and fiscal policy. Exchange rate, current account and capital flights in an open economy context.

    • BUSI 121 Principles of Accounting I

      Accounting fundamentals, techniques, principles and concepts. Other topics include the complete accounting cycle, including adjusting and closing entries, the preparation and interpretation of simple financial statements, inventory treatments, capital assets, and partnership accounting. Students are also required to complete a computer based accounting lab.

    • BUSI 176 Quantitative Analysis

      Mathematical modeling principles, concepts, and algorithms used in business problem formulation and solution interpretation. Linear, non-linear, and goal programming, project management, decision theory, simulation, queuing, forecasting, and inventory control models. The relationship to modern information systems is also discussed.

    • BUSI 222 Principles of Accounting II

      The first half of the course focuses on financial accounting with topics such as shareholder equity, investments, the cash flow statement, the comprehensive income statement and financial analysis. Students learn to analyze and extract key information from corporate financial statements. The second half of the course focuses on managerial accounting covering topics such as cost-volume-profit analysis and budgeting.

    • BUSI 231 Basic Marketing

      The basic considerations affecting the domestic and international marketing of goods and services: the nature of marketing activities and marketing institutions, the function and responsibility of an effective marketing system as well as its role in the economy, the manner in which various forces influence the marketing process, and the analysis of marketing concepts, policies and practices.

    • BUSI 241 Personal Financial Planning

      Personal financial planning is key to the successful accomplishment of our life goals. Topics covered in this course include: foundations in financial planning, asset management, debt management, insurance analysis, investment management, retirement planning, and estate planning.

    • BUSI 245 Business Law I

      A general overview of business law with specific focus on the law of contracts. Attention is given to offer and acceptance, consideration, assignment, discharge, breach and remedies available at law.

    • BUSI 275 Business Statistics

      Statistical tools and knowledge necessary for success in business endeavours. Descriptive statistics, probability (with discrete and continuous distributions), hypothesis testing, regression, and ANOVA. Students learn theory behind the methods, and primarily use spreadsheets as tools for solving advanced problems.

    • BUSI 280 Organizational Behaviour

      Focuses on the nature of individuals and behaviour in organizations. The emphasis of the course is on building a set of conceptual and pragmatic skills useful in understanding and managing interactions among individuals and groups within organizations. By providing a knowledge base of organizational and managerial concepts, and by using cases, videos, exercises and personal inventories, this course develops a student’s analytical, diagnostic, and interpersonal skills.

    • BUSI 301 Managerial Economics

      The study of the main principles and techniques of price theory and its practical applications. Major topics covered include price, production and distribution theories, the theory of the firm, risk and uncertainty, game theory, and transaction costs. New developments and/or approaches to microeconomic analysis.

    • BUSI 302 Intermediate Macroeconomics for Managerial Decision-Making

      The main concepts and methods usually used by economists to explain macroeconomic variables: inflation, unemployment, consumption, investment, foreign trade, monetary and fiscal policies, and economic growth. Classical and Keynesian macroeconomic models are studied and compared in terms of economic statics and dynamics.

    • BUSI 304 Money and Banking

      The study of the role of money, monetary policy, and financial institutions in the Canadian and U.S. economies. The major topics include: interest rates, decision makers, financial asset prices, risk management, banking and financial institutions, and central banks and monetary policy.

    • BUSI 311 Global Issues in Business

      The concepts of international trade theories and the role of multinational enterprises in fostering trade across international borders. The political, economic, and cultural environment of international business, global strategies, international competitiveness, country risk analysis, international logistics, marketing, finance, and personnel decisions.

    • BUSI 317 Investment Theory

      A study of financial markets and the various instruments traded on those markets, to include how these instruments are priced. Other topics explored include portfolio theory, market efficiency, and equilibrium, asset analysis, asset allocation, and portfolio management.

    • BUSI 318 Applied Investments

      This course encompasses the Canadian Securities Course (CSC) and will explore investment topics relevant to an investment advisor in the Canadian securities industry. Topics considered in this course include capital markets and their regulation, investment products, portfolio management and managed accounts. The student has opportunity to apply this knowledge through detailed analysis of a specific investment product.

    • BUSI 321 Intermediate Accounting I

      The role and objectives of financial reporting, the challenges facing GAAP standard setting in Canada, and the gradual move toward international accounting standards. The course also covers revenue recognition and the measurement of inventory.

    • BUSI 322 Intermediate Accounting II

      Accounting principles related to capital assets and amortization; investments, contingent liabilities and disclosure, bonds and long term liabilities, capital and operating leases, income tax liabilities, pension and benefits liabilities, shareholder’s equity, and earnings per share calculations.

    • BUSI 323 Management Accounting I

      Accounting concepts used by management to plan and control their operations. Analyzes accounting information for use in decision making. Cost-volume-profit relationships, the techniques for costing a firm’s products and services, the managerial uses of these costs, and the development of budgets.

    • BUSI 324 Management Accounting II

      The design, preparation, and use of flexible budgets and variances, the cost information required for pricing and product evaluation, management control systems and performance measures, and how to assist in the strategic planning of the firm.

    • BUSI 334 Sales Management

      Case studies and textual material relating to various aspects of sales management such as marketing strategy, planning the sales function, organizing and controlling the sales effort, sales analysis and evaluation, management of the sales force, and personal selling.

    • BUSI 342 Business Finance

      A study of the functions of a financial manager to include financial analysis and planning, risk management, valuation, cost of capital, leverage and capital structure, dividend policy, capital budgeting, working capital management, and international finance.

    • BUSI 346 Business Law II

      This course follows up on BUSI 345 and includes the concepts of the contract of sale, agency, bailment, insurance and guarantee, negotiable instruments, employment, real property, mortgages, partnerships, the nature and operation of corporations, credit transactions and government regulation of business.

    • BUSI 351 Industrial Relations

      The course focuses on the nature of union-management relations in organizations. The course emphasis is on building a set of conceptual skills useful in understanding the industrial relations system within organizations in Canada. By using cases, videos, and exercises, students discuss laws and practices of unionization, the negotiation and administration of collective agreements, and a variety of dispute-resolution procedures.

    • BUSI 352 Managing the Human Resource

      A practical study on how organizations obtain, maintain, and retain their human resources that enable them to achieve their objectives. Topics covered include: human resource planning, recruitment and selection, performance management, and training and development.

    • BUSI 363 Organization Design and Development

      The course focus is on how to design and maintain organizational effectiveness through developing appropriate levels of control and coordination. This course introduces and critically examines the current theories and approaches to the management and structural design of organizations, and assesses their relevance and usefulness to organizations wanting to remain competitive in a rapidly changing marketplace.

    • BUSI 371 Systems Development

      Current principles, concepts and techniques related to the design, development, and deployment of business computer information systems. Focus on the use of various systems analysis and design models, for example, uniform modeling language (UML), and various software tools, e.g., computer-aided design system environment (CASE).

    • BUSI 372 Enterprise Resource Planning Software

      The design principles of enterprise wide information systems such as customer relationship management, supply chain management, decision support systems, executive support systems, and data mining techniques.

    • BUSI 377 Management Science

      This course considers the various operative models by which firms attempt to create value. Topics include quality theory, quality measurement, production/supply chain planning and execution, process design, and project management. The course also covers information tools necessary for effective operations, and management of the service content of the firm’s products.

    • BUSI 381 Production and Operations Management

      The management of operations variables and their part in the overall business strategy. Topics include: allocation and scheduling of resources, inventory and quality control, personnel needs, how to achieve production efficiencies and cost control, operation layout and design, and standards and methods development. Quantitative management tools are incorporated.

    • BUSI 411 Business in the Global Market

      An introduction to global business practices. A survey of governmental and corporate practices of major economic systems — Japan, Europe, Pacific Rim, Rhine countries, etc. Different cultural meanings of concepts such as globalization, world class, nimble organizations, empowerment, and teams are explored. The class provides the students with experiential as well as classroom learning to provide a better grasp of the differences in cultures and the adaptation of the concepts.

    • BUSI 412 International Economic Competitiveness

      This course studies the competitiveness of companies in different countries and regions given ever-changing economic conditions and policies. The course reviews factors that determine competitive advantage including factor conditions, demand conditions, supporting industries, firm strategy, and government policy.

    • BUSI 421 Advanced Accounting

      Business combinations, foreign currency transactions, translation of foreign financial statements and the move toward international accounting standards. Students acquire skills and knowledge to analyze information from a consolidated Canadian public company with foreign currency transactions. Accounting for non-profit organizations, segmented reporting and interim financial reporting.

    • BUSI 426 External Auditing: Concepts and Methods

      Professional ethics and auditor responsibilities, legal liability and corporate governance issues. The strategic systems approach to auditing; preparing audit procedures that focus on the identified key areas of risk; the internal control system and audit reports; fraud awareness auditing; internal auditing; public sector auditing; and the movement toward international auditing standards.

    • BUSI 428 Canadian Taxation

      An initial examination of Canadian Income Tax legislation. Historical, legal, and theoretical background concerning taxation in Canada are presented. Current legislation is covered with emphasis on tax-planning opportunities for individuals and corporations.

    • BUSI 430 Marketing Research

      The course covers the role of research in the decision-making process. Objectives: first, to give some familiarity with the tools of research that are available; second, to learn by doing, i.e., to design and execute a research project; third, to provide some practice in the handling and interpretation of research results.

    • BUSI 435 Marketing Management

      The concepts and problems associated with the management of the marketing function. The development of problem-solving and effective communication skills, primarily through the use of the case study method.

    • BUSI 437 Advertising and Promotional Strategy

      A study of advertising and promotional strategy. Promotional planning, the various media, and the mechanics of advertising. Ethics and advertising’s role in modern society.

    • BUSI 441 Advanced Topics in Business Finance

      An in-depth look into advanced financial topics from personal, business, and investment finance. Topics covered include risk management, derivatives, and portfolio management. Case studies along with group projects are used to communicate these principles.

    • BUSI 442 Advanced Personal Financial Planning

      This course is the capstone for the financial planning track and will take an in-depth look into advanced personal finance topics. Topics covered include family law, risk management, retirement planning, estate planning and practice management. Case studies along with group projects are used to communicate these principles.

    • BUSI 446 Commercial Legal Relations

      The legal environment within which businesses must function, especially the legal relationships between individuals and commercial organizations. The legal relationships between the corporation and shareholders, directors, employees, financiers, debtors, lawyers, and society in general.

    • BUSI 470 Information Systems Project/Internship

      Application of several business disciplines and information systems concepts, principles, and practice in an actual business information system. Students are expected to develop a complex business information systems project. Students work closely with both the professor and individuals in the information systems profession. Students may also take the course as an internship while actually working for an enterprise in an information systems position.

    • BUSI 480 Leadership in the Global Context

      This course addresses issues faced by leaders working in settings throughout the globe. Students examine approaches to leadership and develop an understanding of the important role culture plays in multi-cultural organizational contexts. Cross-cultural communication, cultural intelligence, and individual and organizational behaviour in various cultures is studied. Particular attention is given to the servant leadership approach and how to develop the mindset of an effective leader in both non-governmental and for-profit organizational contexts.

    • BUSI 481 Business Ethics

      Role of business in contemporary society where multiple demands are placed upon it, responsibility of a corporation to its many constituencies, responsiveness to changing cultural climate. A biblical basis for business ethics.

    • BUSI 484 Strategic Management

      A capstone, integrative course that focuses on how firms formulate, implement, and evaluate strategies. Strategic management concepts and techniques; comprehensive strategic analyses of organizations.

    • BUSI 486 Small Business & Entrepreneurship I

      A capstone, integrative course focused on key concepts of entrepreneurship: the nature and role of the entrepreneur; creating and organizing new ventures; the tools and techniques needed to facilitate and plan a new enterprise; and the insight and judgment skills required in dealing with new venture management. Preparation and presentation of a comprehensive business plan.

    • BUSI 487 Small Business and Entrepreneurship II

      Entrepreneurial finance; obtaining venture and growth capital; valuation, structure, and negotiation of a deal; and obtaining debt capital. Managing rapid growth and entrepreneurship beyond the start-up; the entrepreneur and the troubled company; the harvest and beyond.

    • BUSI 490 Integrative Group Project

      The course requires students to apply several business disciplines, in an actual business setting, to the development of a complex business project. Students work closely with both the professor and individuals in the business community.

  • Highlights

    TWU’s School of Business offers four undergraduate degrees and diverse concentrations and minors. The School prepares students to excel in their interests while learning business ethics.

    Bachelor of Business Administration (BBA)

    The School's leading program is the Bachelor of Business Administration (BBA). Within the BBA degree students can choose from eight specializations:

    • Accounting – Students can learn various skills in this specialization from principles of accounting to Canadian taxation. This stream is designed to train students for any accounting job.
    • Corporate finance – In this field, students learn the principles of investing and finance, cash flow management, and business strategy.
    • Human resource management – This path leads students to motivate employees, create empowering work environments, develop and implement policies and procedures, design the structure of an organization, and plan for the workforce of the future.
    • International business – Students learn the fundamentals of business on a global level. This area of study combines purchasing, sales and marketing, and trade export controls.
    • Leadership and management – This stream focuses on leading and managing a business successfully. Students will learn communication techniques, problem solving, and ways to lead ethically.
    • Marketing – Marketing blends creativity and strategy to form an integral part of any business. Students apply their knowledge in areas such as advertising, new product development, product packaging design, promotions, or market research.

    BBA Honours Program

    Students with high academic standings can complete the Honours Program in Business Administration (BBA Honours) to strengthen business expertise. The Honours program puts students in top standing for enrolment into the Masters of Business Administration programs (MBA). This program sets students apart from other job applicants in the business workforce.

    Bachelor of Arts with a Major in Business Administration (BA)

    The Bachelor of Arts with a major in Business Administration (BA) provides flexibility for students who wish to take a concentration or minor from another degree. Using 29 semester hours of electives towards a study of interest and combining it with business makes a student’s degree unique.

    Bachelor of Arts in Sport and Leisure Management (BA)

    The School of Business and the School of Human provide students with courses related to recreation, human kinetics, communications, advanced marketing, and business. This degree develops student’s entrepreneurial skills and directs students into the field of sport and leisure management or senior sport management.

  • Minors & Concentrations

    Minor in Accounting is designed for students who want to make accounting a particular focus with their major. Students following this minor will have a solid foundation and skills in all forms of accounting.

    Concentration and Minor in Economics gives students the opportunity to learn two forms of economics: macroeconomics – the study of recession and economic growth – and microeconomics – the study of markets, prices, supply, and demand.

    Minor in Information Systems covers everything from data centre management, system analysis, to software training. With this minor, students have a balance between computer science and business courses, preparing them for the modern business environment.

    Concentration and Minor in International Development Studies prepares students for the developing world. With this addition to a student’s major, it can lead students to careers with non-governmental organizations, and governmental agencies.