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Business Studies – Compensation & Benefits (BSCB)

Published on 15 July 2009 by in Business Studies, Georgian Certificates

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Want to specialize? This part-time single semester course will empower current HR generalists or other business professionals to become experts in insurance benefits and retirement plans. Or, transfer your credits to a business diploma program!

Description

The Certificate of Achievement in Compensation and Benefits is for individuals who are currently in or wish to launch a career in the field of compensation and benefits. Human resource management generalists, insurance professionals and anyone preparing for a career as a specialist in compensation or benefits will develop a better understanding of this profession and gain the tools and knowledge in the areas of group insurance benefits and retirement plans.
All of the courses are credits towards the Business, Business Administration and Business Administration – Human Resources diplomas at Georgian College

Career Opportunities

Successful organizations understand that compensation and benefit packages that are both attractive to employees and cost-effective to the organization are important components of effective retention strategies. This program can assist those who own their own business and/or those looking for a career in human resources, compensation and benefits, or the insurance industry.

Students completing this certificate program can benefit with a competitive edge, industry recognition, higher compensation and opportunities for job promotion and career enhancement in their chosen field.

Program Learning Outcomes

The graduate has reliably demonstrated the ability to:

  • Distinguish between government and employer sponsored benefit and pension plans and describe how these plans are integrated;
  • Examine the types of pension plans and be able to differentiate between defined contribution, defined benefit and combination hybrid plans;
  • Identify and describe typical employee benefits components and systems and describe in detail those that are legally required in Ontario;
  • Explain a compensation system according to the firm’s policies and the legal requirements in Ontario.

Admission Requirements

Applicants following the OSS curriculum must have an Ontario Secondary School Diploma (OSSD – 30 credits) or equivalent. Applicants following the OSS curriculum must also have Grade 12 English (C) or (U) (ENG 4C, ENG 4U) and any Grade 12 College Mathematics (MAP 4C or MCT 4C), or any Grade 12 University Mathematics.

Applicants who are 19 years of age or over by the first day of classes, and who lack the academic admission qualifications, may be considered for entrance as mature students. Each applicant will be considered on an individual basis and acceptance will be determined by counselling, Communication Placement Assessment (CPA), previous post-secondary education and evaluation of experience. Some programs also have specific prerequisite requirements that must be met prior to admission. Mature applicants must meet all program specific prerequisites. Those applying as mature students and having no documentation of Grade 12 education must supply, if requested, proof of age, such as a copy of an official birth certificate or driver’s licence.

Graduation Requirements

3 Mandatory Courses
3 Optional Courses

  • Students must have completed the College Placement Assessment with high standing or have taken College Communications to enroll in Communications at Work.

Graduation Eligibility

To graduate from this program, the passing weighted average for promotion through each semester, from year to year and to graduate is 60%. Additionally, a student must attain a minimum of 50% or a letter grade of P (Pass) or S (Satisfactory) in each course in each semester.

Certain courses may be taken as either in-class or by distance education where available. The following are the certificate requirements:

Courses

In Class Courses:
Mandatory:
HURM 2002 Benefits and Pensions
HURM 3002 Retirement Plans
HURM 1004 Compensation

Options (choose three):
HURM 1000 Human Resources Management Foundations
ACCT 1003 Finance and Accounting
BUSI 1001 Introduction to Organizational Behaviour
BUSI 1007 Payroll Compliance
MKTG 1003 Personal Selling

Ontario Learn with Georgian College
Mandatory:
HURM 1015 Compensation Management

Options (choose three):
HURM 1012 Principles of HR Management
BUSI 1010 Introduction to Business Management and Organizational Behaviour

For more information, call