Approved Subject Areas

The following subject areas are approved for business competencies.


  • Preparation of financial statements and reporting
  • Accounting issues related to business
  • Analyze key financial information related to business
  • Prepare accounting documentation for payroll
  • Interpretation of financial data
  • Record business transactions
  • Prepare cash flow statements
  • Evaluate assets, liabilities in a business entity
  • Introduce financial tools and their application to corporate financial management\ income tax accounting


  • Planning
  • Staffing
  • Budgeting
  • Provide Direction
  • Business Office Technology
  • Setting company policy
  • Outlining company objectives
  • Information management

Business Law

  • Understand legal issues facing business such as liability
  • Contract law
  • Employment law
  • Human rights
  • Credit collection
  • Insurance

Business Mathematics

  • Basic principles of business math
  • Estimate and evaluate answers to business math problems
  • Apply math skills to budgets and banking
  • Use graphs and charts


  • Written business communication skills
  • Oral business communication skills
  • Electronic business communication skills


  • Understand overall economic, financial and monetary conditions to analyze economic activity and forecast trends
  • Perform cost benefit analyses and feasibility studies
  • Provide advice on the financing of capital requirements
  • Understand consumer behaviour of humans
  • Analyze government and global forces affecting business
  • Understand sustainable business practices


  • Take a business idea from creation to implementation
  • Leadership Skills
  • Risk Analysis
  • Securing venture capital
  • Develop a financial business plan


  • Management of money and other assets
  • Financial planning and decision making
  • Analyze business problems

Human Resource Management

  • Attract and retain employees
  • Employee performance management
  • Conflict management
  • Employee relations
  • Motivating and team building
  • Interpersonal communication in the workplace

Industrial Relations

  • Labour relations
  • Conflict management
  • Labour law
  • Collective bargaining process
  • Understand the nature and administration of collective agreements


  • Innovation and creativity in the workplace
  • Leaders as coaches
  • Art of motivating employees toward growth
  • Influencing others
  • Maintaining morale
  • Leading teams for high performance
  • Lead change


  • Organizational performance improvement
  • Decision making
  • Risk management
  • Ethics
  • Supervision of business
  • Time management


  • Customer relations
  • Principles of marketing
  • Advertising and promotion

Operations Management

  • Manage an operation and improve the operation
  • Manage inventory
  • Source out products and raw materials
  • Develop a facilities plan

Organizational Behavior

  • Understanding multi-generational issues in the workforce
  • Understanding organizational behavior
  • Organizational dynamics

Project Management

  • Planning, organizing and executing a project
  • Cost estimates
  • Budget project management and cost control
  • Team building
  • Productivity improvement
  • Tools for project management
  • Project risk management
  • Managing projects from start to finish

Public Administration

  • Public finance
  • Governance leadership
  • Government management


  • Effective leadership skills
  • Employee relations
  • Understanding diversity in the workplace
  • Conflict management
  • Develop work scheduling
  • Employee training
  • Manage productivity