You are reading the 2024/25 Academic Calendar. The 2023/24 version remains in effect until August 31, 2024 and is available here.

Business, Faculty of Commerce & Business Administration

BUSI: Business


  1. BUSI 100 (3) Micro Foundations of Real Estate Economics

    Basic principles of microeconomics and application to current economic problems.

  2. BUSI 101 (3) Capital Markets and Real Estate

    Basic principles of macroeconomics and application to current economic problems.

    Prerequisite: BUSI 100.

  3. BUSI 111 (3) British Columbia Real Estate Law and Real Estate Ethics

    Canadian legal system and contract law and detailed aspects of real estate law as it applies in British Columbia.

  4. BUSI 112 (3) Canadian Real Property Law and Real Estate Ethics

    Canadian legal system and contract law and detailed aspects of real estate law as it applies across Canada.

  5. BUSI 121 (3) Foundations of Real Estate Mathematics

    Introduction to mathematics of real estate finance and statistical measures and methods and their application to practical real estate concepts.

  6. BUSI 221 (3) Real Estate Finance in a Canadian Context

    History, function and mechanics of Canadian mortgage markets.

    Prerequisite: BUSI 121.

  7. BUSI 290 (3) Introduction to Quantitative Decision Analysis

    Introduction to decision models in business, including basic optimization, linear programming, probability, decision analysis, random variables, simulation, and solving decision problems using spreadsheet tools.

  8. BUSI 291 (3) Application of Statistics in Business

    Methods and applications of statistics in business; data analysis, descriptive regression; data generation; sampling distributions; hypothesis testing; confidence intervals; two sample problems; inference in regression. This course is not eligible for Credit/D/Fail grading.

  9. BUSI 293 (3) Introductory Financial Accounting

    Introduction to the construction and interpretation of financial reports prepared primarily for external use. This course is not eligible for Credit/D/Fail grading.

  10. BUSI 294 (3) Introductory Management Accounting

    Introduction to the development and use of accounting information for management planning and control, and the development of cost information for financial reports. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: BUSI 293 or equivalent.

    Corequisite: BUSI 293 or equivalent.

  11. BUSI 295 (3) Business Economics

    Introduction to microeconomics and macroeconomics principles with applications to accounting and business decision making. This course is not eligible for Credit/D/Fail grading.

  12. BUSI 299 (1) Business Communications

    Basic communication theory, communications in organizations. Includes written and oral practice in lab sessions.

  13. BUSI 300 (3) Urban and Real Estate Economics

    Comprehensive treatment of urban and real estate economics; introduction to study of cities and real estate market; analytical microeconomic principles.

    Prerequisite: All of BUSI 100, BUSI 101.

  14. BUSI 329 (3) Principles of Organizational Behaviour

    An introductory examination of work organizations and the behaviour of individuals within them. Phenomena to be studied include organizational structure, environments, group processes, motivation and leadership. This course is not eligible for Credit/D/Fail grading.

  15. BUSI 330 (3) Foundations of Real Estate Appraisal

    Introduction to concepts and techniques for appraising the value of real estate. Recommended pre-requisite: BUSI 121.

  16. BUSI 331 (3) Real Estate Investment Analysis and Advanced Income Appraisal

    Valuation techniques for income real estate, including income method of appraisal, tax consequences of real property ownership, and portfolio analysis methodology.

    Prerequisite: All of BUSI 121, BUSI 330.

  17. BUSI 335 (3) Information Systems

    Introduction to information technology related to business use: design, implementation, and application of information systems. This course is not eligible for Credit/D/Fail grading.

  18. BUSI 344 (3) Statistical and Computer Applications in Valuation

    Explores creative, practical uses of statistical and computer applications in determining and analyzing real estate value. Through case studies and hands-on computer work, students will learn the fundamentals of exploratory data analysis and appraisal valuation modelling.

  19. BUSI 352 (3) Case Studies in Residential Valuation

    Examines common issues that affect the practice of residential real estate valuation. Credit will be granted for only one of BUSI 352 or both BUSI 442 and BUSI 452.

    Prerequisite: BUSI 330. BUSI 121, BUSI 344 recommended.

  20. BUSI 353 (3) Intermediate Financial Accounting I

    An examination of accounting as a means of measurement and as an information system for external reporting purposes. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: BUSI 293 or equivalent.

  21. BUSI 354 (3) Cost Accounting

    The provision and analysis of cost accounting information that will assist management in making operating decisions and in evaluating operational performance. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: All of BUSI 293, BUSI 294, BUSI 370.

  22. BUSI 355 (3) Introduction to Income Tax

    A study of income tax from the standpoint of the individual and business enterprise. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: BUSI 293 or equivalent.

  23. BUSI 370 (3) Business Finance

    An introduction to the basic principles of financial valuation and an examination of corporate enterprise decisions including working capital management; capital budgeting; capital structures and dividend policy. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: BUSI 293 or equivalent.

  24. BUSI 391 (3) Introduction to Management Information Systems

    Overview of computer technology and terminology; use of computers as managerial and administrative tools; the management of computer resources and the influence of information technology within the organization. This course is not eligible for Credit/D/Fail grading.

  25. BUSI 393 (3) Introduction to Business Law

    Introduction to the law of contracts, with particular reference to contracts for sale of goods and related law of personal property, principles of agency, partnership, and company law. This course is not eligible for Credit/D/Fail grading.

  26. BUSI 398 (4) Residential Property Guided Case Study

    The residential property appraisal process, focusing both on valuation techniques as well as general research and report writing skills.

  27. BUSI 399 (3) Logistics and Operations Management

    The design and management of systems to make products, provide services and deliver them to the end user. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: All of BUSI 290, BUSI 291 or equivalents.

  28. BUSI 400 (3) Residential Property Analysis

    Underlying theory and techniques used in design, construction, and inspection of residential properties.

  29. BUSI 401 (3) Commercial Property Analysis

    Underlying theory and techniques used in the design and construction of commercial properties.

  30. BUSI 414 (3) Data Visualization and Business Analytics

    Descriptive analytics including data analysis and visualization. Predictive analytics including forecasting and various statistical techniques. Predictive analytics including optimization, Monte Carlo simulation, decision trees, and discrete event simulation. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: All of BUSI 291, BUSI 335.

  31. BUSI 433 (3) Real Estate Business

    General business skills for real estate practitioners.

  32. BUSI 441 (3) Real Estate Management I

    Examines the day-to-day issues which affect the practice of property management.

    Prerequisite: BUSI 330. BUSI 331 recommended.

  33. BUSI 442 (3) Case Studies in Appraisal I

    Examines the day-to day issues that affect the practice of real estate appraisal.

    Prerequisite: All of BUSI 121, BUSI 330, BUSI 331.

  34. BUSI 443 (3) Assessment Administration

    Introduces the practice of real property assessment, including the nature of the techniques used, the required duties of assessors, and how an assessment office is administrated. Recommended pre-requisite: BUSI 330

  35. BUSI 444 (6) Computer Aided Mass Property Assessment

    This course develops and applies the major techniques for valuing real property. Recommended pre-requisites: all of BUSI 121, BUSI 330, BUSI 443.

  36. BUSI 445 (3) Real Estate Development I

    Real estate development process from the project idea to the cursory feasibility stage. Steps in development planning, including analysis, design and evaluation. Evaluating development potential, land acquisition, and site planning.

    Prerequisite: All of BUSI 330, BUSI 331.

  37. BUSI 446 (3) Real Estate Development II

    Analysis of real estate development process with an examination of economic feasibility studies, approval processes, project financing, construction, project management, and marketing phases.

    Prerequisite: BUSI 445.

  38. BUSI 447 (3) Applied Project Management

    Project management methodology based on the practices defined by the Project Management Institute, including planning, execution, monitoring, control, and completion. This course is not eligible for Credit/D/Fail grading.

  39. BUSI 450 (3) Intermediate Financial Accounting II

    A continuation of the examination of accounting as a means of measurement and as an information system for external reporting purposes. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: All of BUSI 293, BUSI 370.

    Corequisite: BUSI 353.

  40. BUSI 451 (3) Real Estate Management II

    Continuation of BUSI 441.

  41. BUSI 452 (3) Case Studies in Appraisal II

    Continuation of BUSI 442 This course is not eligible for Credit/D/Fail grading.

  42. BUSI 453 (3) Advanced Financial Accounting

    An examination of advanced financial accounting topics. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: BUSI 450.

    Corequisite: BUSI 450.

  43. BUSI 454 (3) Accounting for Management Control and Incentives

    Design of accounting systems for facilitating and influencing management decisions, with emphasis on performance evaluation in organizations.

    Prerequisite: BUSI 294.

  44. BUSI 455 (3) Principles of Auditing

    Principles of internal control; audit evidence; sampling and testing; audit reports; standards and responsibilities of the external audit. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: All of BUSI 353, BUSI 450.

  45. BUSI 460 (3) Critical Analysis and Forecasting in Real Estate

    Delves into two quantitative decision-making methodologies--decision analysis and forecasting--and explores them using a problem-solving framework.

    Prerequisite: BUSI 121. BUSI 331 and BUSI 444 are also recommended.

  46. BUSI 465 (3) Marketing Management

    Basic considerations affecting the domestic and international marketing of goods and services. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: All of BUSI 293, BUSI 295.

  47. BUSI 470 (3) Financial Management

    This course is not eligible for Credit/D/Fail grading.

    Prerequisite: One of BUSI 370, COMM 473.

  48. BUSI 485 (3) Taxes and Decision Making

    Analysis of business and financial decisions in the presence of taxes. This course is not eligible for Credit/D/Fail grading.

  49. BUSI 486 (1-9) d Special Topics in Business

  50. BUSI 493 (3) Strategic Management in Business

    A conceptual and practical introduction to the major areas of business strategy with an integrative perspective on managing a business. Includes the analysis of a business and its environment, the development and evaluation of strategic alternatives, and implementation of change. This course is not eligible for Credit/D/Fail grading.

    Prerequisite: All of BUSI 291, BUSI 293, BUSI 294, BUSI 295, BUSI 335, BUSI 353, BUSI 370, BUSI 393, BUSI 450.

  51. BUSI 497 (6) Guided Case Study in Agricultural Real Estate

    An agriculturally-focused version of BUSI 499.

    Prerequisite: All of BUSI 330, BUSI 331, BUSI 442, BUSI 452.

  52. BUSI 498 (3) International Business Management

    Development of general environmental framework for international business studies by drawing on international and development economics, research into government-business relations and studies in comparative socio-cultural systems and political systems.

    Prerequisite: BUSI 293 and either (a) all of ECON 101, ECON 102 or (b) ECON 309.

    Corequisite: Two of BUSI 294, BUSI 329, BUSI 370, BUSI 465.

  53. BUSI 499 (6) Income Property Guided Case Study

    The income property appraisal process, focusing both on valuation techniques as well as general research and report writing skills.

    Prerequisite: All of BUSI 330, BUSI 331, BUSI 442, BUSI 452.


UBC Crest The official logo of the University of British Columbia. Urgent Message An exclamation mark in a speech bubble. Caret An arrowhead indicating direction. Arrow An arrow indicating direction. Arrow in Circle An arrow indicating direction. Arrow in Circle An arrow indicating direction. Chats Two speech clouds. Facebook The logo for the Facebook social media service. Information The letter 'i' in a circle. Instagram The logo for the Instagram social media service. Linkedin The logo for the LinkedIn social media service. Location Pin A map location pin. Mail An envelope. Menu Three horizontal lines indicating a menu. Minus A minus sign. Pencil A pencil indicating that this is editable. Telephone An antique telephone. Plus A plus symbol indicating more or the ability to add. Search A magnifying glass. Twitter The logo for the Twitter social media service. Youtube The logo for the YouTube video sharing service.