Business Administration – Accounting (Fast-Track)

The Business School will be offering a variety of delivery modes for new students in all programs. These can include, asynchronous learning, synchronous learning, hybrid, and on-campus deliveries, including evenings and weekends.

You may also be interested in the Optional Co-op option:

• Business Administration - Accounting (Optional Co-op)

This unique fast-track Business Administration - Accounting program is designed specifically for foreign and domestic applicants with existing academic credentials. You should consider this business program if you want maximum recognition for studies you've already completed and a pathway to a rewarding career in accounting.

You'll gain direct admission into the fourth semester of Centennial College's three-year (six-semester) Business Administration - Accounting program, if you've already completed a post-secondary education. By receiving a block transfer credit for three semesters of the program, you'll bypass introductory courses, leaving only three semesters of study before graduation. This fast-track program will not only provide you with the full value for previous studies, but it will also eliminate the administrative activities related to individual transfer credits.

Through a very concentrated accounting program curriculum, you'll acquire a sound knowledge of:

• Managerial and financial accounting
• Taxation
• Accounting systems
• Accounting software

Note: Courses you took as part of the post-secondary credential used to gain admission to this fast-track program may not be used to obtain further transfer credits.

Program Highlights

• As a student of this fast-track Accounting program, you build the strong foundational skills necessary for a career in accounting.
• You have the opportunity to further enhance your education and specialization in accounting.
• A team of Business Administration - Accounting professors with strong academic backgrounds, deep subject matter expertise and extensive business and management experience teaches the courses.
• You optimize your learning experience with small class environments that offer a leading-edge information technology infrastructure.
• Many classes are taught in lab environments that are fully outfitted with an integrated network of computer systems.
• The transition into the workplace is made easier with training in industry-standard accounting software, including QuickBooks and Sage 300 ERP.

Career Outlook

• Service accountant
• Financial Accountant
• Merchandising accountant
• Accountant in the public
• private and non-profit sectors

Education Pathways

Start in a diploma program, end with a degree! Successful graduates of this Business Administration - Accounting (Fast-track 3 semesters) advanced diploma program have the opportunity to apply their learning for credits toward further study at the degree level. Listed below are the degrees from partnering institutions that are available for this program.

Please note that each partner pathway has specific minimum requirements in order to qualify for transfer credits, which are assessed by the receiving partner institution.

Please visit website at //centennial.adv-pub.moveonca.com/outgoing-home/ for more information on articulation agreements.

For pathways to other Ontario post-secondary institutions, please visit ONTransfer.

Educational Partners

Qualified graduates of this Accounting program may be eligible to participate in an articulated program with select universities, institutes and professional associations. These partnerships allow you to apply academic credit towards further study.

Areas of Employment

• Advertising agencies
• Enterprise corporations
• Federal/provincial government
• Not-for-profits
• Start-ups
• Accounting firms
• Banks

Academic Requirements

• Three-year college diploma or university degree in any discipline

Additional Requirements

• Centennial English Admission Test is required by all applicants prior to admission to this Accounting program
• Math skills assessment may be required (if your previous diploma or degree does not include mathematics courses)
• English language proficiency

1. Apply Online

Domestic Students

If you are applying through the Better Jobs Ontario Program, please apply at the Employment Training Centre (Progress Campus). The Better Jobs Ontario Program is a funding initiative for those who have been laid-off and are in need of training. For more information go to Better Jobs Ontario Program.

If you have previously attended a full-time program at Centennial College, you may be eligible for a Program Transfer. Visit Enrolment Services at any Campus for information.

All other applicants must apply online at Ontariocolleges.ca. A non-refundable application fee of $125 must accompany applications. The fee is payable online, by telephone, online banking, by mail, or in-person to Ontariocolleges.ca. For more information go to Ontariocolleges.ca Application Fees.

International Students

 Apply directly to Centennial College here.

2. Submit Documents

Domestic Applicants

Current Ontario high school students and graduates from Ontario high schools: Notify your guidance counsellor that you have applied to college and your school will forward transcripts to Centennial College via Ontariocolleges.ca.

Graduates of college/university, or high school outside Ontario but within Canada: You are responsible for requesting that your educational institute sends any required documents and transcripts to Ontariocolleges.ca.

Domestic applicants who attended school outside of Canada: If you are submitting transcripts to meet admission requirements, you must have the transcripts assessed by an independent credential assessment agency such as World Education Services (WES) or International Credential Assessment Service (ICAS). For more information go to Submitting your Transcripts.

International Applicants

Please refer to the International Education Application Guide.

3. Confirm Your Offer of Admission

Offers of Admission are sent by mail to eligible applicants. When you receive your offer, you must login to your account at Ontariocolleges.ca and confirm before the Deadline to Confirm noted in your offer letter.

You may confirm only one college and one program offer at a time.

You must confirm your offer by the Deadline to Confirm noted in your Offer of Admission letter or your seat may be given to another applicant.

When you confirm your Offer of Admission at Centennial College you are given access to your personal myCentennial account where you can check your email, grades, register for courses, pay tuition fees, and see your class timetable.

4. Pay Fees

Centennial fees statements are sent by email to your personal email account and to your myCentennial email account. Fees statements are not mailed.

You must make a minimum payment by the Fees Deadline noted in your Fees Statement or your seat may be given to another applicant.

5. Build Your Timetable (Register for Courses)

Build your timetable (web-register for courses) at my.centennialcollege.ca.

Fall registration begins mid-July
January registration begins mid-December
May registration begins mid-April

Your web-registration will not open if:

You have not submitted your minimum fee payment by the deadline
You received a Conditional Offer of Admission and you have not met the conditions of your offer.

Once you have paid your fees or have made appropriate arrangements, register for your courses online through myCentennial.

Fees noted below are estimates only. Tuition is based on two semesters, beginning Fall 2024.

Program Vocational Learning Outcomes

Program Vocational Learning Outcomes describe what graduates of the program have demonstrated they can do with the knowledge and skills they have achieved during their studies. The outcomes are closely tied to the needs of the workplace. Through assessment (e.g., assignments and tests), students verify their ability to reliably perform these outcomes before graduating.

1. Record financial transactions in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships, private enterprises, publicly accountable enterprises and non-profit organizations.
2. Prepare and present financial statements, reports and other documents in compliance with Canadian Generally Accepted Accounting Principles for sole proprietorships, partnerships and private enterprises.
3. Contribute to strategic decision-making by applying advanced management accounting concepts.
4. Prepare individuals' and Canadian-controlled private corporations' income tax returns and individuals' basic tax planning in compliance with relevant legislation and regulations.
5. Analyze and evaluate organizational structures and the interdependence of functional areas and contribute to the development of strategies which positively impact financial performance.
6. Analyze and evaluate, within a Canadian context, the impact of economic variables, legislation, ethics, technological advances and the environment on an organization's operations.
7. Analyze and evaluate an organization's internal control system, taking risk management into account.
8. Contribute to strategic decision-making by applying advanced financial management concepts.
9. Co-ordinate the planning, implementation, management and evaluation of team projects by applying project management principles.