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Admission Requirements

Admission Requirements for Graduate Programs in Business

ADMISSION REQUIREMENTS

For the Master of Science in Management program:
In addition to the general admission requirements for Faculty of Graduate Studies programs, the following minimum requirements also apply:
(a) Four-year business degree or four-year degree in related field or three-year business degree plus five additional FCEs (10 half-courses at the second year level or higher in the field of study; a minimum of six must be in business at the third or fourth year level, and not already used for any degree considered for admission into this program).
(b) GMAT with recommended score of 500, or a GRE General Exam with recommended combined score of 1000 (prior to August 2011) or GRE revised General Test score of 300 (after August 2011).
(c) A short outline (approximately 500 words) of intended area of research investigation. The research outline will help the Admissions Committee determine the availability of supervisors.

For the Master of Business Administration program:
In addition to the general admission requirements for Faculty of Graduate Studies programs, the following minimum requirements also apply:
(a) four year degree or three year degree plus five additional full-course equivalents (10 half-courses at the second year level or higher; a minimum of six courses must be at the third or fourth year level, and not already used for any degree considered for admission into this program),
(b) GMAT with recommended score of 500, or a GRE General Exam with recommended combined score of 1000 (prior to August 2011) or a GRE revised General Test combined score of 300 (after August 2011) or successful completion of the Business Skills Development Program offered by the Faculty of Business Administration. All 6 Business Skills Development Program modules must be completed with a minimum average of 70% (no more than two modules may have a grade less than 70% but must be above 60%),
(c) statement of academic intent of 750-1000 words, to outline the nature of the academic and work history, the academic and career goals, and the strengths and weaknesses of the applicant,
(d) Curriculum Vitae.

Preference will be given to applicants with more than two years of general work experience.

Applicants with experience greater than 5 years at a middle or upper level managerial position, or professional designations such as CA, CMA, CGA, CFA, CHRP AND CFP and other recognized designation will be looked on favourably and may be considered in cases of less than required undergraduate average or GMAT/GRE score.

Graduates of the Lakehead University Faculty of Business Administration with an excellent academic record will be considered for a waiver of the GMAT/GRE requirement.

The application deadline is February 1. Late applications will be considered for admission, but may not be eligible for funding. Meeting the above minimum requirements does not guarantee admission to the program(s).

Admission Requirements for Graduate Diploma in Accounting

To be considered for admission to the program, applicants must have:

1. Graduated with an Honours Bachelor of Commerce Degree from Lakehead University A B.

 

2. Completed the following core and non-core courses (or equivalent) and achieve a minimum 72% overall average across all courses (core plus non-core) with a 50% minimum grade in the non-core courses and a 60% minimum grade in the core courses.  

 

Core Courses

Course Code                  Course Name 

BUS 2019                             Finance I

BUS 2039                             Finance II 

BUS 2052                             Intermediate Accounting I 

BUS 3071                             Strategic Management I 

BUS 4412                             Auditing I 

BUS 3052                             Intermediate Financial Accounting II 

BUS 3072                             Management Accounting II 

BUS 3012                             Advanced Financial Accounting 

BUS 3019                             Corporate Finance 

BUS 4032                              Financial Reporting and Analysis 

BUS 4232                             Strategic Cost Management 

BUS 4071                             Strategic Management II 

BUS 4272                             Taxation

BUS 4072                             Advanced Corporate Taxation

BUS 4432                             Auditing II 

 

Non-Core Courses

Course Code                   Course Name 

BUS 1012 or                          

BUS 1512                             Financial Accounting

BUS 1011                             Introduction to Management 

BUS 1056                            Business Quantitative Analysis I

BUS 1076                            Business Quantitative Analysis II

ECO 1100                            Principles of Economics 

BUS 2012                             Management Accounting 

BUS 2033                             Management Information Systems                 

BUS 3051                             Law

Lakehead University may consider graduates from other CPA Accredited universities with exceptional academic record or experience.  Students must ensure that they have received all core and non-core subject area pre-requisite credits for admission in the CPA PEP. A list of prerequisite courses in each CPA technical competency area for all CPA accredited schools can be found on the CPA Ontario website. Additionally, the admission committee will examine program congruency with Lakehead’s Honours Bachelor of Commerce program, including courses that are not included in the CPA PEP Prerequisite list. Graduates from Universities other than Lakehead are encouraged to reach out to the faculty prior to applying.

 

B Admission may be considered for graduates of other Canadian universities, who:

  1. have completed equivalent courses to those listed above (or substantial coverage of competencies covered in these courses), and
  2. are eligible for registration in the CPA Professional Education Program.

Admission decisions will be based upon an assessment of course equivalencies, undergraduate academic performance, and the availability of space in the program.

 

Meeting the above minimum requirements does not guarantee admission to the program.