Home > Study in Canada > Lakehead University - Thunder Bay Campus > Bachelor of Commerce (Honours) in Business Economics
Bachelor of Commerce (Honours) in Business Economics Lakehead University - Thunder Bay Campus, Canada
CAD 35261
Annual Tuition Fee
CAD 135
Application Fee
48 months
Duration
6.5
IELTS
80
TOEFL
70%
Min GPA
Program Overview
The curriculum for the Honours Bachelor of Commerce program at the Thunder Bay campus includes learning experiences in:
- General knowledge and skill areas that include communication abilities, ethical understanding and reasoning abilities, analytic skills, use of information technology, understanding of multicultural and diversity issues, and reflective thinking skills.
- Management-specific knowledge and skill areas that include ethical and legal responsibilities in organizations and society; financial theories, analysis, reporting and markets; creation of value through the integrated production and marketing of goods, services, and information; group and individual dynamics in organizations; statistical data analysis and management science as they support decision-making processes throughout an organization; information technologies as they influence the structure and processes of organizations and economies, and as they influence the roles and techniques of management; domestic and global economic environments of organizations.
- Developing capacities to lead in organizational situations; to apply knowledge in new and unfamiliar circumstances through a conceptual understanding of relevant disciplines; to adapt and innovate to solve problems, to cope with unforeseen events, and to manage in unpredictable environments.
- Developing a commitment to an area of specialization and acquiring advanced knowledge in that area; developing advanced theoretical or practical skills for that area; devoting explicit attention to the role of the specialization area in managerial and organization contexts.
Major: Business Economics
The Business Economics major provides the foundation and develops the critical thinking necessary to solve complex economic problems. Business Economics applies economic theories and statistical techniques to the study of business administration and analyzes the decision-making processes of organizations. This major examines the environmental, financial, market-related and organizational aspects encountered by organizations in domestic and international markets. Business Economics also studies the role of governments, central banks, and global economic institutions in the economy, and analyzes the individual and social effects of public policies.
A Business Economics major can lead to careers in business, banking, and government. Business Economics graduates play a crucial role in the strategy and policy formation of private firms and public organizations.
Additional Information
Program Level 4-Year Bachelor's Degree
College/University Processing Time 14 Days
Program Format Full-Time
Post-Graduation Work Permit (PGWP)
General Admission Requirement
- IELTS
- Minimum Overall Score - 6.5 - With No Band Less Than - 6
- TOEFL
- Minimum Overall Score - 80 - With no score less than - 19
- PTE
- Minimum Overall Score - 58 - With no score less than - 50
- DUOLINGO
- Minimum Overall Score - 110.0
Academic Requirement
- Minimum Level of Education Required: To be accepted into this program, applicants must have a Grade 12 / High School Diploma or equivalent, including the following required course(s):
- English
- Math
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Tuition Fee
The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.
Average Tuition Fee Per Year
35261
Tuition Fee
(CAD)
CAD 135
Application Fee
(CAD)
12000 Per year
Average Cost of Living
(CAD)
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Check program website for more information about funding options.
Scholarships
Scholarship
Under Graduate Entrance Scholarship:
Non-Canadian citizens who are entering Lakehead University from a high school, or who are transferring from an international college or university, will be considered for the Undergraduate Entrance Scholarships. The scholarship is available to the top international students applying to Lakehead University for 2024-2025.
International Entrance Scholarships 2024-2025 automatically considered. No scholarship application is required.
Academic Average (Canadian Equivalent) |
IB Average | Scholarship Total4 (in Canadian dollars) |
Scholarships Available |
90.0%+ | 35+ | $40,000 ($10,000 x 4 years)1 | Limited |
80.0% - 89.9% | 30-34 | $30,000 ($7,500 x 4 years)2 | Limited |
75.0% - 79.9% | 28-29 | $6,000 ($6,000 in Year 1 only)3 | Limited |
1. Renewable provided a 90% average is achieved in each academic year. If a student's university academic average falls between 80.0% - 89.9%, the student will receive an amended scholarship valued at $7,500 CAD/year for each subsequent academic year for the remaining term of the scholarship.
2. Renewable provided an 80% average is achieved in each academic year.
3. Non-renewable, one-time only scholarship awarded in Year 1.
4. Maximum length of scholarship term is 4 academic years or until the first degree is awarded, whichever occurs first. To be considered eligible for scholarship consideration, recipients must be entering Years 1, 2, or 3 of a minimum 4-year undergraduate degree program. Recipients whose status changes and may be charged domestic fees will have their scholarship value reassessed to equate to the domestic entrance scholarship grid and regulations available at that time.
Graduate Scholarship:
Graduate Assistantships
Graduate Assistant appointments may be offered to some full-time graduate students (including Visa students) at a rate of $10,506.69 (2022-23) at the Master's level; and $11,457.79 (2022-23) at the Doctoral level. A regular appointment constitutes a maximum of 270 hrs of work over the Fall and Winter terms, averaging not more than 10 hours of work per week. Representative duties, include but are not limited to: preparing classes, teaching, demonstrating, leading seminars, supervising laboratories, marking, consulting with students, holding assigned office hours, setting tests, examination and lab sets, conducting field trips, and providing other academic support assistance. A graduate student is eligible to hold a maximum of two full-time appointments at the Master's level or four full-time appointments at the Doctoral level.
Faculty Research Awards for Graduate Students
Some graduate students may also receive a Faculty Research Award. This stipend may be paid to a full–time degree candidate for research or academic activities relevant and related to the student's field(s) of study within the academic program. Faculty Research Awards are awarded by the student's supervisor.
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