Business

Lakehead University’s Faculty of Business Administration has one of the finest undergraduate business programs in Canada, producing exceptional business leaders through innovative programming that includes mentorship, consulting opportunities, and participation in national and international business competitions.

All students gain a comprehensive understanding of core business disciplines early in the program before digging deeper into fields of study that offer a range of advanced courses.

Our Faculty of Business Administration’s Thunder Bay campus has joined the ranks of elite business schools by earning our Association to Advance Collegiate Schools of Business (AACSB) certification. Fewer than 5% of business programs worldwide have been accredited with the AACSB certification. This globally-recognized hallmark of excellence guarantees you will experience a challenging and relevant curriculum delivered by the most highly-qualified faculty.  

We are also accredited by the Chartered Professional Accountants (CPA) of Ontario, with all Accounting majors meeting the requirements of the CPA Prerequisite Education Program (PREP) upon graduation.

Human Resources Management majors graduate with the required courses for use toward one of the Certified Human Resources designations (CHRP, CHRL, CHRE) as approved by the Human Resources Professionals Association (HRPA).

Minors are available for Honours Bachelor of Commerce students in their third or fourth years in either Accounting, Business Finance, Human Resources/Industrial Relations, Information Systems or Marketing.

 

The Lakehead Advantage 

Depending on your course selection, you may be eligible for considerable advanced standing toward a number of professional designations post-graduation.

Our relatively small class sizes mean you will receive a quality business education in an intimate learning environment. Faculty members have an open-door policy. You will graduate from an internationally recognized Business program, as demonstrated by our coveted AACSB Accreditation, and with a strong network of successful peers and educators in the industry. Our graduates have an impressive employment rate of over 80% within six-months after graduation and 100% after two years. 

Transfer Options

It’s easy to transfer to Lakehead. Our pathway and general transfer policies are designed to help you maximize your credits from your current or previous studies at either college or university – or even both.  

There are a number of ways to transfer to Lakehead. Let us help you achieve your degree completion goals. For more information regarding specific admission requirements from college or university, check out the “Admissions Requirement” tab above and select your most recent level of study.

Applying to Lakehead University is easy and we are here to help you along the way.

Step 1 – Determine your general admission requirements:

To determine your general admission requirements, select one of the definitions below:

Ontario High School Students
 General Admission Requirements:
  • Completion of the Ontario Secondary School Diploma (OSSD);
  • A minimum of 6 Grade 12U or M courses, or equivalent, including program specific prerequisite courses;
  • A minimum 70%* overall final average**

*Higher averages may be required for admission to programs in which the demand for places by qualified applicants exceeds the supply of available spaces.
**Admission averages are calculated using the top 6 Grade 12 U or M courses.  

Other Canadian High School Students
 General Admission Requirements: 
  • Completion of Grade 12 and the Secondary School Diploma (see the Program Specific Prerequisites section for your particular provinces requirements);
  • Program specific prerequisite courses;
  • A minimum 70%* overall final average

*Higher averages may be required for admission to programs in which the demand for places by qualified applicants exceeds the supply of available spaces.

International Secondary School/ College or University
 General Admission Requirements:
  • Successful graduation from an academic secondary school program or equivalent (For most countries, the same academic preparation as is required for university entrance in that country is required for consideration. Refer to Admission Requirements by Country.) 
  • Program specific prerequisite courses;
  • Equivalent of a minimum 70% overall final average (Canadian)

    Note: Meeting the minimum admission requirements is not a guarantee of admission.

Canadian College
 General Admission Requirements:

College transfer applicants who are applying to a program that does not have a college transfer pathway are eligible for admission consideration if they have:

  • Completed a minimum of 1 year of full-time academic studies at an accredited community college since leaving high school;
  • Completed the appropriate program-specific prerequisite courses; and
  • Achieved a minimum overall average of 70%. 
Canadian University
 General Admission Requirements:
  • Attended a university and successful completion of university level course work since leaving high school/college;
  • Program specific prerequisite courses;
  • A minimum overall average of C or 60%.
Canadian Bible College
 General Admission Requirements:
  • A minimum overall average of C / 60% or equivalent;
  • College must be accredited by the Association of Biblical Higher Education (ABHE);
  • Successfully meets the minimum program specific preparatory course prerequisites at the Grade 12U or M level or equivalent;
  • If not eligible right out of high school, a minimum of two years of full time studies must be completed at the Bible College.

Step 2 – Determine your program-specific prerequisite requirements for your program(s) of choice:

To determine your program-specific prerequisite requirements, choose from the drop-down menus below:

Program Specific Requirements

Please Select Your Applicant Type

  • Business Administration
    Degree:
    Business
    Alberta/NWT/Nunavut:
    English Language Arts 30-1, 1 from: Math 30-1, Math 30-2, or Math 31
    Program Specific Requirements for Ontario High School Students:
    English (ENG4U), 1 from: Advanced Functions (MHF4U), Calculus & Vectors (MCV4U), or Data Management (MDM4U)
    Program Specific Requirements for Alberta/NWT/Nunavut High School Students:
    English Language Arts 30-1, 1 from: Math 30-1, Math 30-2, or Math 31
    Program Specific Requirements for British Columbia/Yukon High School Students:
    English Studies 12 or English First Peoples 12, 1 from: Calculus 12, Foundation of Mathematics 12, Pre-Calculus 12, or Statistics 12
    Program Specific Requirements for International Students:
    English, Math
    Program Specific Requirements for Manitoba High School Students:
    English Language Arts (Comprehensive Focus, Literary Focus, or Transactional Focus) 40S, 1 from: Applied Math 40S, Advanced Mathematics 45S & Introduction To Calculus 45S, or Pre-Calculus 40S
    Program Specific Requirements for Mature/Transfer Students:
    English (ENG4U), 1 from: Advanced Functions (MHF4U), Calculus & Vectors (MCV4U), or Data Management (MDM4U). Other secondary or post-secondary courses that are equivalent to these requirements are accepted. College transfer students entering via a transfer pathway are not required to satisfy these specific prerequisite requirements.
    Program Specific Requirements for New Brunswick High School Students:
    English Language Arts 121 or 122, 1 from: Calculus 120, Foundations of Math 120, or Pre-Calculus A120 or B120
    Program Specific Requirements for Newfoundland/Labrador High School Students:
    English 3201, 1 from: Academic Math 3201, Advanced Math 3200, or Calculus 3208
    Program Specific Requirements for Nova Scotia High School Students:
    English 12 or English 12 African Heritage, 1 from: Calculus 12, Mathematics 12, or Pre-Calculus 12
    Other Admission Requirements & Important Information:
    Applicants without the mathematics prerequisite may be considered for admission but will be required to take a prescribed course as a first year elective.
    Program Specific Requirements for PEI High School Students:
    English 621A, 1 from: Calculus 611B, Foundations of Math 621A, or Pre-Calculus 621B
    Program Specific Requirements for Quebec (CEGEP) Students:
    2 English (603 or 604), 2 from: Calculus I (201-NYA or 201-103), Calculus II (201-NYB or 201-203), or Linear Algebra I (201-NYC, 201-105, or 201-106)
    Program Specific Requirements for Quebec (Private) Students:
    English (ENG4U), 1 from: Advanced Functions (MHF4U), Calculus & Vectors (MCV4U), or Data Management (MDM4U). Equivalent courses to the Ontario prerequisite requirements will be considered.
    Program Specific Requirements for Saskatchewan High School Students:
    English Language Arts 30 A or English Language Arts 30 B, 1 from: Calculus 30 or Pre-Calculus 30
  • Commerce
    Degree:
    Business
    Alberta/NWT/Nunavut:
    English Language Arts 30-1, 1 from: Math 30-1, Math 30-2, or Math 31
    Program Specific Requirements for Ontario High School Students:
    English (ENG4U), 1 from: Advanced Functions (MHF4U), Calculus & Vectors (MCV4U), or Data Management (MDM4U)
    Program Specific Requirements for Alberta/NWT/Nunavut High School Students:
    English Language Arts 30-1, 1 from: Math 30-1, Math 30-2, or Math 31
    Program Specific Requirements for British Columbia/Yukon High School Students:
    English Studies 12 or English First Peoples 12, 1 from: Calculus 12, Foundation of Mathematics 12, Pre-Calculus 12, or Statistics 12
    Program Specific Requirements for International Students:
    English, Math
    Program Specific Requirements for Manitoba High School Students:
    English Language Arts (Comprehensive Focus, Literary Focus, or Transactional Focus) 40S, 1 from: Applied Math 40S, Advanced Mathematics 45S & Introduction To Calculus 45S, or Pre-Calculus 40S
    Program Specific Requirements for Mature/Transfer Students:
    English (ENG4U), 1 from: Advanced Functions (MHF4U), Calculus & Vectors (MCV4U), or Data Management (MDM4U). Other secondary or post-secondary courses that are equivalent to these requirements are accepted. College transfer students entering via a transfer pathway are not required to satisfy these specific prerequisite requirements.
    Program Specific Requirements for New Brunswick High School Students:
    English Language Arts 121 or 122, 1 from: Calculus 120, Foundations of Math 120, or Pre-Calculus A120 or B120
    Program Specific Requirements for Newfoundland/Labrador High School Students:
    English 3201, 1 from: Academic Math 3201, Advanced Math 3200, or Calculus 3208
    Program Specific Requirements for Nova Scotia High School Students:
    English 12 or English 12 African Heritage, 1 from: Calculus 12, Mathematics 12, or Pre-Calculus 12
    Other Admission Requirements & Important Information:
    Applicants without the mathematics prerequisite may be considered for admission but will be required to take a prescribed course as a first year elective.
    Program Specific Requirements for PEI High School Students:
    English 621A, 1 from: Calculus 611B, Foundations of Math 621A, or Pre-Calculus 621B
    Program Specific Requirements for Quebec (CEGEP) Students:
    2 English (603 or 604), 2 from: Calculus I (201-NYA or 201-103), Calculus II (201-NYB or 201-203), or Linear Algebra I (201-NYC, 201-105, or 201-106)
    Program Specific Requirements for Quebec (Private) Students:
    English (ENG4U), 1 from: Advanced Functions (MHF4U), Calculus & Vectors (MCV4U), or Data Management (MDM4U). Equivalent courses to the Ontario prerequisite requirements will be considered.
    Program Specific Requirements for Saskatchewan High School Students:
    English Language Arts 30 A or English Language Arts 30 B, 1 from: Calculus 30 or Pre-Calculus 30
  • Global Entrepreneurship
    Degree:
    Business
    Alberta/NWT/Nunavut:
    English Language Arts 30-1, 1 from: Math 30-1, Math 30-2, or Math 31
    Program Specific Requirements for Ontario High School Students:
    English (ENG4U), 1 from: Advanced Functions (MHF4U), Calculus & Vectors (MCV4U), or Data Management (MDM4U)
    Program Specific Requirements for Alberta/NWT/Nunavut High School Students:
    English Language Arts 30-1, 1 from: Math 30-1, Math 30-2, or Math 31
    Program Specific Requirements for British Columbia/Yukon High School Students:
    English Studies 12 or English First Peoples 12, 1 from: Calculus 12, Foundation of Mathematics 12, Pre-Calculus 12, or Statistics 12
    Program Specific Requirements for International Students:
    English, Math
    Program Specific Requirements for Manitoba High School Students:
    English Language Arts (Comprehensive Focus, Literary Focus, or Transactional Focus) 40S, 1 from: Applied Math 40S, Advanced Mathematics 45S & Introduction To Calculus 45S, or Pre-Calculus 40S
    Program Specific Requirements for Mature/Transfer Students:
    English (ENG4U), 1 from: Advanced Functions (MHF4U), Calculus & Vectors (MCV4U), or Data Management (MDM4U). Other secondary or post-secondary courses that are equivalent to these requirements are accepted. College transfer students entering via a transfer pathway are not required to satisfy these specific prerequisite requirements.
    Program Specific Requirements for New Brunswick High School Students:
    English Language Arts 121 or 122, 1 from: Calculus 120, Foundations of Math 120, or Pre-Calculus A120 or B120
    Program Specific Requirements for Newfoundland/Labrador High School Students:
    English 3201, 1 from: Academic Math 3201, Advanced Math 3200, or Calculus 3208
    Program Specific Requirements for Nova Scotia High School Students:
    English 12 or English 12 African Heritage, 1 from: Calculus 12, Mathematics 12, or Pre-Calculus 12
    Other Admission Requirements & Important Information:
    Applicants without the mathematics prerequisite may be considered for admission but will be required to take a prescribed course as a first year elective.
    Program Specific Requirements for PEI High School Students:
    English 621A, 1 from: Calculus 611B, Foundations of Math 621A, or Pre-Calculus 621B
    Program Specific Requirements for Quebec (CEGEP) Students:
    2 English (603 or 604), 2 from: Calculus I (201-NYA or 201-103), Calculus II (201-NYB or 201-203), or Linear Algebra I (201-NYC, 201-105, or 201-106)
    Program Specific Requirements for Quebec (Private) Students:
    English (ENG4U), 1 from: Advanced Functions (MHF4U), Calculus & Vectors (MCV4U), or Data Management (MDM4U). Equivalent courses to the Ontario prerequisite requirements will be considered.
    Program Specific Requirements for Saskatchewan High School Students:
    English Language Arts 30 A or English Language Arts 30 B, 1 from: Calculus 30 or Pre-Calculus 30


In first year you will take the following core courses, plus one FCE elective:

  • Business 1011 – Introduction to Management

  • Business 1012 – Financial Accounting

  • Business 1013 – Business Computing

  • Business 1031 – Business Writing I

  • Business 1056 and 1076 – Business Quantitative Analysis I & II

  • Economics 1100 – Principles of Economics

This well-rounded introduction to various Business topics will give you a better understanding of your strengths as you progress throughout the program. If you pursue the H.B.Comm option, we encourage you to follow these strengths through one of the following majors:

  • Accounting

  • Business Administration*

  • Economics

  • Finance

  • Human Resources/Industrial Relations

  • General Management

  • Global Entrepreneurship*

  • Information Systems and Operations

  • International Business

  • Marketing

*majors available at our Orillia campus

AACSB Accredited

Fewer than 5% of business programs worldwide have been accredited by the Association to Advance Collegiate Schools of Business (AACSB) and Lakehead University’s Thunder Bay campus is one of them. This globally recognized hallmark of excellence guarantees a challenging and relevant curriculum delivered by the most highly-qualified faculty.

Designations

Depending on your course selection, you may be eligible for considerable advanced standing toward a number of professional designations post-graduation, including Certified Human Resources designations (CHRP, CHRL, CHRE) as approved by the Human Resources Professionals Association (HRPA).

Undergraduate Research

Gain exceptional hands-on experience in undergraduate research at Lakehead University. As Canada’s #1 Undergraduate Research University, we make research in your undergraduate years a reality.

High Employment Rate

Our graduates have an impressive 80% success rate in securing employment within one year of graduation, and 100% after two years. We attribute this to our balance of theory and practical courses, as well as co-op placements that provide hands-on experience in their field of choice.

Co-Op Advantage

Gain hands-on experience in the business world. With the co-op work terms of 4 to 16 months, you will work in a role directly suited to your major while earning a competitive salary. Not only have our students benefited from the incredible experiences co-op afforded them, but many also secured permanent employment with their co-op employers after graduation. 

 


More information about Payment Methods, and Payment Due Dates can be found here: Student Fees Information



Business Administration
Thunder Bay
YearTuitionAncillary FeesTotal1st Installment2nd Installment1.0 FCE Tuition1.0 FCE Total0.5 FCE Tuition0.5 FCE Total
3
$6,229.08
$1,134.37
$7,363.45
$3,681.73
$3,681.72
$1,245.82
$1,354.49
$622.91
$677.24
YearTuitionAncillary FeesTotal1st Installment2nd Installment1.0 FCE Tuition1.0 FCE Total0.5 FCE Tuition0.5 FCE Total
3
$27,000.00
$1,134.37
$28,134.37
$14,067.19
$14,067.18
$5,400.00
$5,508.67
$2,700.00
$2,754.34
In addition to the above, International Students must pay the mandatory University Health Insurance Plan (UHIP) which is payable in full with your first installment. Please click here for more information about UHIP
Business Administration
Orillia
YearTuitionField TripAncillary FeesTotal1st Installment2nd Installment1.0 FCE Tuition1.0 FCE Total0.5 FCE Tuition0.5 FCE Total
1(3)
$6,229.08
$0.00
$928.30
$7,157.38
$3,578.69
$3,578.69
$1,245.82
$1,324.78
$622.91
$662.39
YearTuitionField TripAncillary FeesTotal1st Installment2nd Installment1.0 FCE Tuition1.0 FCE Total0.5 FCE Tuition0.5 FCE Total
1
$27,000.00
$0.00
$948.30
$27,948.30
$13,974.15
$13,974.15
$5,400.00
$5,478.96
$2,700.00
$2,739.48
In addition to the above, International Students must pay the mandatory University Health Insurance Plan (UHIP) which is payable in full with your first installment. Please click here for more information about UHIP
Commerce (Administrative Studies)
Orillia
YearTuitionField TripAncillary FeesTotal1st Installment2nd Installment1.0 FCE Tuition1.0 FCE Total0.5 FCE Tuition0.5 FCE Total
1
$7,170.73
$0.00
$948.30
$8,119.03
$4,059.52
$4,059.51
$1,434.15
$1,513.11
$717.07
$756.55
2
$6,905.15
$0.00
$928.30
$7,833.45
$3,916.73
$3,916.72
$1,381.03
$1,459.99
$690.52
$730.00
3
$6,649.41
$0.00
$928.30
$7,577.71
$3,788.86
$3,788.85
$1,329.88
$1,408.84
$664.94
$704.42
4
$6,443.00
$0.00
$928.30
$7,371.30
$3,685.65
$3,685.65
$1,288.60
$1,367.56
$644.30
$683.78
YearTuitionField TripAncillary FeesTotal1st Installment2nd Installment1.0 FCE Tuition1.0 FCE Total0.5 FCE Tuition0.5 FCE Total
1
$27,000.00
$0.00
$948.30
$27,948.30
$13,974.15
$13,974.15
$5,400.00
$5,478.96
$2,700.00
$2,739.48
2-4
$27,000.00
$0.00
$928.30
$27,928.30
$13,964.15
$13,964.15
$5,400.00
$5,478.96
$2,700.00
$2,739.48
In addition to the above, International Students must pay the mandatory University Health Insurance Plan (UHIP) which is payable in full with your first installment. Please click here for more information about UHIP
Commerce (Honours)
Thunder Bay
YearTuitionField TripAncillary FeesTotal1st Installment2nd Installment1.0 FCE Tuition1.0 FCE Total0.5 FCE Tuition0.5 FCE Total
1
$7,170.73
$0.00
$1,154.37
$8,325.10
$4,162.55
$4,162.55
$1,434.15
$1,542.82
$717.07
$771.41
2
$6,905.15
$0.00
$1,134.37
$8,039.52
$4,019.76
$4,019.76
$1,381.03
$1,489.70
$690.52
$744.85
3
$6,649.41
$0.00
$1,134.37
$7,783.78
$3,891.89
$3,891.89
$1,329.88
$1,438.55
$664.94
$719.28
4
$6,443.00
$0.00
$1,134.37
$7,577.37
$3,788.69
$3,788.68
$1,288.60
$1,397.27
$644.30
$698.64
YearTuitionField TripAncillary FeesTotal1st Installment2nd Installment1.0 FCE Tuition1.0 FCE Total0.5 FCE Tuition0.5 FCE Total
1
$27,000.00
$1,154.37
$28,154.37
$14,077.19
$14,077.18
$5,400.00
$5,508.67
$2,700.00
$2,754.34
2-4
$27,000.00
$0.00
$1,134.37
$28,134.37
$14,067.19
$14,067.18
$5,400.00
$5,508.67
$2,700.00
$2,754.34
In addition to the above, International Students must pay the mandatory University Health Insurance Plan (UHIP) which is payable in full with your first installment. Please click here for more information about UHIP