PMC150 - Business Finance

Outline information
Schools offering this subject
Last revision date 2018-07-31 09:36:12.022
Last review date 2018-07-31 09:36:30.565

Subject Title
Business Finance

Subject Description
Students get an introduction to basic corporate accounting: department budgeting, strategic planning and budgeting at the corporate level are examined. Topics include cost projections, project selection, cost control and capital budgeting. Students learn the relationship of an IT project, with its cost obligations and promises of return, to the finance centre of an organization.

Credit Status
1 credit in the PMC program.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  •     Understand risk assessment from an accounting and auditing perspective
  •     Maximize profit outcomes by leveraging accounting and financing tools and principles
  •     Improve each project’s profitability by understanding its costs and benefits
  •     Analyze their business’s financial information to choose the right project
  •     Develop, implement, and analyze key financial information, translating financial information into project terms and establishing financial benchmarks.
  •     Identify, analyze, and refine project costs to produce a budget and control project costs
  •     Apply agile methodologies to budgeting, tracking and reporting project costs and profitability

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Execute mathematical operations accurately.

Apply a systematic approach to solve problems.

Use a variety of thinking skills to anticipate and solve problems.

Locate, select, organize, and document information using appropriate technology and information systems.

Analyze, evaluate, and apply relevant information from a variety of sources.

Manage the use of time and other resources to complete projects.

Take responsibility for one's own actions, decisions, and consequences.

Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.

To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on for further information regarding cheating and plagiarism policies and procedures.

All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.