DIPLOMA PROGRAMS There are three diplomas programs offered in the School of Business and Economics: The Diploma in Management Studies, the Diplomas in Business Administration, and the Diploma in Accounting. A student may enrol in and qualify to receive a diploma in only one of the programs. Admission requirements and specific academic regulations for each of the diplomas are outlined below. Note that the last grade received on any course attempt will be used to calculate the Grade Point Average (GPA) and that no course may be attempted more than twice. This rule applies to courses taken at this and other institutions. Application for admission should be sent to the Office of the Registrar: Admissions. Diploma in Management Studies Program The Diploma in Management Studies is designed to introduce holders of non-Business degrees to the functional areas of Business and to allow students to explore areas of special interest in their final term. Exceptional students may wish to use the program as a vehicle to enter a Master of Business Administration program. The program is three academic terms in length. Term Two (Fall) and Term Three (Winter) must be taken on a full-time bases. Admission requirements 1. Admission to the program normally requires an undergraduate degree. This may be in any discipline except Business. 2. Students may be admitted directly into Term Two if they have completed all of Term One or its equivalent. 3. Exemptions may be granted for any three of BU155, or BU205, or BU231, or BU388, or their equivalents. Students granted these exemptions must substitute Business electives as approved by the External Programs Director. 4. Normally, students must attain a minimum GPA of 6.00 in the courses in Term One in order to be admitted to Term Two. This average must be attained with a maximum of four credit attempts; that is, only two courses may be repeated or substituted. This rule applies to courses taken at this and other institutions. Note that a higher average may be required if the demand from qualified applicants for places in the program exceeds the number of places available. The program is three terms in duration of which Terms Two and Three are offered only on a full-time basis. Term One (Admission Requirements for Term Two) EC120 or EC101 Introduction to Microeconomics EC140 or EC102 Introduction to Macroeconomics BU111 and BU121 (or BU100*) Introduction to Business Organization BU227 Introduction to Financial Accounting BU247 Managerial Accounting Term Two (Fall) BU155 Data Processing and Information Systems or BU115 Computer Fundamentals BU205 Introduction to Applied Statistics BU352 Marketing I BU383 Financial Management I BU388 Human Resources I Term Three (Winter) BU231 Business Law BU385 Operations Management I One and a half elective credits selected from the following list: BU208 Interpersonal Communication BU233 Personal Investments BU311 Small Business Management BU357 Taxation BU362 Marketing II BU393 Financial Management II BU398 Human Resources II BU430 Management Controls BU454 Personnel Management BU464 Labour Relations Academic Regulations: 1. Students who do not attain the required GPA in the courses of Term One may be allowed to proceed on probation without condition by a motion of the faculty of the Department of Business. 2. In order to graduate, students must attain a minimum cumulative GPA of 7.00 in the required and elective courses in Terms Two and Three. This average must be attained with a maximum of five and one-half credit attempts in these terms combined; that is, only one course may be repeated or substituted. 3. Term Two and Term Three must be taken consecutively and on a full-time basis. 4. Students have until August 31 of the academic year in which they are enrolled to complete Term Two and Term Three requirements. Diploma in Business Administration Program The Diploma in Business Administration has been designed to meet the needs of people with work experience in business or government who wish to enhance their skills in the functional areas of administration. The courses in the program have been selected to give broad coverage of the functional areas of management. The program is made up of six credits (four required and two elective). It is a part-time program only. Courses are offered in the evenings. Admission requirements 1. Students must have three years of work experience in business or government following their most recent formal education or an undergraduate degree in any discipline except business. 2. Students may be granted a maximum of two credits toward the diploma for courses taken prior to admission to the program. This rule applies to all students with or without a previous degree or diploma. Required Courses BU111 and BU121 (or BU100*) Introduction to Business Organization BU115 Computer Fundamentals or BU155 Data Processing and Information Systems BU227 Introduction to Financial Accounting BU247 Managerial Accounting BU352 Marketing I BU388 Human Resources I One of: (1) EC101 or EC120 Introduction to Microeconomics (2) EC102 or EC140 Introduction to Macroeconomics Electives: EC101 or EC120 Introduction to Microeconomics EC102 or EC140 Introduction to Macroeconomics Any two senior level economics half-credit courses One of: (1) BU205 (2) EC235 (3) BU275 Applied Statistics BU208 Interpersonal Communication BU231 Business Law BU233 Personal Investments BU255 Decision Analysis BU311 Small Business Management BU357 Taxation BU362 Marketing II BU383 Financial Management I BU385 Operations Management I BU387 Intermediate Accounting I BU393 Financial Management II BU397 Intermediate Accounting II BU398 Human Resources II BU454 Personnel Management BU464 Labour Relations BU471 International Strategic Management Academic Regulations: 1. In order to graduate, students must attain a minimum cumulative GPA of 6.00. This average must be attained with a maximum of seven credit attempts; that is, only two courses may be repeated or substituted. 2. Students must complete at least four credits at Wilfrid Laurier University after admission to the program. Note: Although diploma students are allowed to take BU255/EC255 without the prerequisite of MA130, such students should be aware that the other members of the class will have taken this Mathematics course and the instructors may assume that all students have the same level of sophistication in mathematics. As a result, students without the prerequisite may be at a disadvantage. Diploma in Accounting Program The Diploma in Accounting has been designed to meet the needs of people planning for a career in accounting. The program is offered on both a full-time and a part-time basis. Full-time students must take Term Two in the fall and Term Three in the winter. Admission Requirements: l. Admission to the program normally requires an undergraduate degree. This may be in any discipline except business. 2. Students may be admitted directly into Term Two if they have completed all Term One or its equivalent. 3. Exemptions may be granted for any of BU155, or BU205, or BU231, or their equivalents. Students granted these exemptions must substitute non-accounting business electives as approved by the External Programs Director. Term One (Spring) EC120 or EC101 Introduction to Microeconomics EC140 or EC102 Introduction to Macroeconomics BU111 and BU121 (or BU100 ) Introduction to Business Organization BU227 Introduction to Financial Accounting BU247 Managerial Accounting Term Two (Fall) BU115 Computer Fundamentals or BU155 Data Processing and Information Systems BU205 Introduction to Applied Statistics BU231 Business Law BU387 Intermediate Accounting I BU383 Financial Management I BU397 Intermediate Accounting II Term Three (Winter) BU357 Taxation BU393 Financial Management II BU457 Financial Accounting Theory BU467 Advanced Management Accounting BU477 Auditing BU476 Accounting Information Systems or BU415 Introduction to Management Information Systems Courses are available to enable students to complete CA and/or CMA requirements. Contact the External Programs Director for further information. Academic Regulations: 1. Students must attain a minimum GPA of 6.00 in the courses of Term One in order to be admitted to Term Two. This average must be attained with a minimum of four credit attempts; that is, only two courses may be repeated. 2. Students who do not attain the required GPA in the courses of Term One may be allowed to proceed on probation without condition by a motion of the faculty of the Department of Business. 3. In order to graduate, students must attain a minimum cumulative GPA of 6.00 in Terms Two and Three. This average must be attained with a maximum of six and one-half credit attempts in these terms combined; that is, only one course may be repeated or substituted. 4. Subject to the approval of the External Programs Director, part-time students may take Term Two courses prior to completing Term One. 5. Students must complete at least six credits at Wilfrid Laurier University after admission to the program. Note: The Diploma in Accounting does not include all of the courses needed to satisfy Chartered Accountant or Certified Management Accountant program requirements. These additional courses are available, however, through the Department of Business. See the External Programs Director for information on these courses.