Management Economics and Finance (BComm program)

 

The Management Economics and Finance major is designed to offer students an appreciation of business and economic problems particularly in the area of finance.

The major provides a suitable education for a career in the business world or in the public service. It also constitutes a useful preparation for more advanced studies, including graduate studies in Economics, Finance, Business Administration, Accounting, Industrial Relations, Law, and Public Policy. The major is administered by the Department of Economics and Finance and students are urged to consult the faculty advisor.

A principal aim of the Co-op program in Management Economics and Finance is to facilitate the transition of students from academic studies to a professional career by enhancing the integration of theory and practice.

Major

SEMESTER 1 - FALL

ECON*1050	[0.50]	Introductory Microeconomics
MGMT*1000	[1.00]	Introduction to Business
One of:
MATH*1030 [0.50] Business Mathematics MATH*1200 [0.50] Calculus I
0.50 electives
*Note: MATH*1200 is recommended for the finance Area of Emphasis.

SEMESTER 2 - WINTER

ACCT*1220	[0.50]	Introductory Financial Accounting
ECON*1100	[0.50]	Introductory Macroeconomics
HROB*2090	[0.50]	Individuals and Groups in Organizations
MCS*1000	[0.50]	Introductory Marketing
0.50 electives

SEMESTER 3 - FALL

ACCT*2230	[0.50]	Management Accounting
COOP*1100	[0.00]	Introduction to Co-operative Education
ECON*2310	[0.50]	Intermediate Microeconomics
ECON*2740	[0.50]	Economic Statistics
ECON*2770	[0.50]	Introductory Mathematical Economics
MCS*2020	[0.50]	Information Management
Note: Students who wish to take the Statistics courses listed under the finance Area of Emphasis may select STAT*2040 in place of ECON*2740.

SEMESTER 4 - WINTER

ECON*2410	[0.50]	Intermediate Macroeconomics
FIN*2000	[0.50]	Introduction to Finance
MCS*3040	[0.50]	Business and Consumer Law *
MGMT*3320	[0.50]	Financial Management
0.50 electives or restricted electives in an area of emphasis
* Note: Students may select REAL*4840 in place of MCS*3040. This is a Fall semester course and can be completed in any Fall semester, provided the prerequisites are completed.

SUMMER SEMESTER

COOP*1000

[0.50]

Co-op Work Term I

FALL SEMESTER

COOP*2000

[0.50]

Co-op Work Term II

SEMESTER 5 - WINTER

ECON*3740	[0.50]	Introduction to Econometrics
FARE*3310	[0.50]	Operations Management
One of:
FIN*3000 [0.50] Investments FIN*3100 [0.50] Corporate Finance
1.00 electives or restricted electives
Note: ECON*3810 is required for the finance Area of Emphasis

SUMMER SEMESTER

COOP*3000

[0.50]

Co-op Work Term III

SEMESTER 6 - FALL

MGMT*3020	[0.50]	Corporate Social Responsibility
One of:
FIN*3000 [0.50] Investments FIN*3100 [0.50] Corporate Finance
1.50 electives or restricted electives
Note: If in the finance Area of Emphasis take ECON*3710.

WINTER SEMESTER

COOP*4000	[0.50]	Co-op Work Term IV
(Eight month work term in conjunction with COOP*5000)

SUMMER SEMESTER

COOP*5000	[0.50]	Co-op Work Term V
(Eight month work term in conjunction with COOP*4000)

SEMESTER 7 - FALL

2.50 electives or restricted electives

SEMESTER 8 - WINTER

MGMT*4000	[0.50]	Strategic Management
2.00 electives or restricted electives

AREAS OF EMPHASIS

Students choose either Finance or Management as an area of emphasis in the MEF major. This choice should be made by semester 5. See the Economics and Finance departmental advisor to declare an area of emphasis.

FINANCE AREA OF EMPHASIS

ECON*3710 [0.50] Advanced Microeconomics ECON*3810 [0.50] Advanced Macroeconomics FIN*4000 [0.50] Advanced Topics in Finance 1.00 credits from the following finance courses: FIN*3200 [0.50] Fundamentals of Derivatives FIN*3300 [0.50] The Strategy of Mergers and Acquisitions FIN*3400 [0.50] International Finance FIN*3500 [0.50] Money, Credit and the Financial System

1.00 Economics or Finance credits at the 3000 or 4000 level

In addition to the required credits listed above, students must take a minimum of 1.50 credits in restricted electives. Restricted electives are listed below and have been grouped in major topical areas which are related to, or are an extension of, the professional interests of the major. Students may, however, choose restricted electives from any of those listed without regard to the categories, which are intended to be suggestive.

Courses toward a professional designation as a Chartered Financial Analyst (CFA)

ACCT*3330 [0.50] Intermediate Financial Accounting I ACCT*3340 [0.50] Intermediate Financial Accounting II ECON*4760 [0.50] Topics in Monetary Economics FIN*3200 [0.50] Fundamentals of Derivatives FIN*4200 [0.50] Risk Management in Finance and Insurance

Courses in Quantitative Finance

ECON*3100 [0.50] Game Theory ECON*4640 [0.50] Advanced Econometrics ECON*4700 [0.50] Advanced Mathematical Economics FIN*4100 [0.50] Financial Econometrics MATH*1160 [0.50] Linear Algebra I MATH*1210 [0.50] Calculus II STAT*3100 [0.50] Introductory Mathematical Statistics I STAT*3110 [0.50] Introductory Mathematical Statistics II

Courses in preparation for post-graduate work in Economics (MA)

ECON*4640 [0.50] Advanced Econometrics ECON*4710 [0.50] Advanced Topics in Microeconomics ECON*4810 [0.50] Advanced Topics in Macroeconomics

Community Engagement Courses

MGMT*4050 [0.50] Business Consulting MGMT*4350 [0.50] Business Case Competition Preparation MGMT*4350 [0.50] Business Case Competition Preparation

Courses for Computational Finance

CIS*1910 [0.50] Discrete Structures in Computing I CIS*2500 [0.50] Intermediate Programming CIS*2520 [0.50] Data Structures CIS*2750 [0.75] Software Systems Development and Integration CIS*3750 [0.75] System Analysis and Design in Applications MGMT*3140 [0.50] Business Analytics MGMT*4140 [0.50] Advanced Business Analytics

MANAGEMENT AREA OF EMPHASIS

ECON*4400

[0.50]

Managerial Economics

1.00 credits from the following finance courses:

FIN*3200 [0.50] Fundamentals of Derivatives FIN*3300 [0.50] The Strategy of Mergers and Acquisitions FIN*3400 [0.50] International Finance FIN*3500 [0.50] Money, Credit and the Financial System

2.50 additional credits in economics or finance of which at least 0.50 must be at the 4000 level and at most 0.50*** may be at the 2000 level.

*** May be replaced with a 4000 level 0.50 credits in Accounting.

In addition to the economics or finance credits listed above, students must take a minimum of 1.00 credits in restricted electives listed below. These courses have been grouped in major topical areas which are related to various professional interests. Students may, however, choose restricted electives from any of those listed without regard to the categories.

Courses toward a professional accounting designation Chartered Professional Accountants (CPA)

See http://www.business.uoguelph.ca/accounting.shtml for additional information.

ACCT*3230	[0.50]	Intermediate Management Accounting
ACCT*3280	[0.50]	Auditing I
ACCT*3330	[0.50]	Intermediate Financial Accounting I
ACCT*3340	[0.50]	Intermediate Financial Accounting II
ACCT*3350	[0.50]	Taxation
ACCT*4220	[0.50]	Advanced Financial Accounting
ACCT*4230	[0.50]	Advanced Management Accounting
ACCT*4270	[0.50]	Auditing II
ACCT*4290	[0.50]	IT Auditing and Data Analytics
ACCT*4340	[0.50]	Accounting Theory
ACCT*4350	[0.50]	Income Taxation II
ACCT*4440	[0.50]	Integrated Cases in Accounting

Courses to prepare for the Certified Human Resource Professional (CHRP) designation:

(see http://www.uoguelph.ca/business/academic-advisor-careers-chrp.shtml for more information)

HROB*2200	[0.50]	Labour Relations
HROB*2290	[0.50]	Human Resources Management
HROB*3010	[0.50]	Compensation Systems
HROB*3030	[0.50]	Occupational Health and Safety
HROB*3070	[0.50]	Recruitment and Selection
HROB*3090	[0.50]	Training and Development
HROB*4060	[0.50]	Human Resource Planning

Courses to prepare for a post-graduate program in Industrial Relations:

ECON*3400	[0.50]	The Economics of Personnel Management
ECON*3520	[0.50]	Labour Economics
ECON*3620	[0.50]	International Trade
ECON*4790	[0.50]	Topics in Labour Market Theory
HROB*2200	[0.50]	Labour Relations
HROB*2290	[0.50]	Human Resources Management
HROB*3010	[0.50]	Compensation Systems
HROB*3030	[0.50]	Occupational Health and Safety
HROB*3070	[0.50]	Recruitment and Selection
HROB*3090	[0.50]	Training and Development
HROB*4060	[0.50]	Human Resource Planning

Courses toward the Leadership Certificate:

(see http://www.leadershipcertificate.com/ for more information)

HROB*2010	[0.50]	Foundations of Leadership
HROB*4010	[0.50]	Leadership Certificate Capstone
POLS*2250	[0.50]	Public Administration and Governance
POLS*3440	[0.50]	Corruption, Scandal and Political Ethics

Courses in Public Administration:

ECON*3610	[0.50]	Public Economics
POLS*2250	[0.50]	Public Administration and Governance
POLS*2300	[0.50]	Canadian Government and Politics
POLS*3210	[0.50]	The Constitution and Canadian Federalism
POLS*3250	[0.50]	Public Policy: Challenges and Prospects
POLS*3270	[0.50]	Local Government in Ontario
POLS*3470	[0.50]	Business-Government Relations in Canada

Courses in Real Estate and Housing:

ECON*3500	[0.50]	Urban Economics **
REAL*1820	[0.50]	Real Estate and Housing
REAL*2820	[0.50]	Real Estate Finance
REAL*3890	[0.50]	Property Management
REAL*4820	[0.50]	Real Estate Appraisal **

** These courses count towards the Post Graduate Valuation Certificate offered by UBC, part of the requirements to obtain an Accredited Appraiser Canadian Institute designation

Courses in Corporate Social Responsibility:

BUS*4550	[0.50]	Applied Business Project I
BUS*4560	[0.50]	Applied Business Project II
ECON*2650	[0.50]	Introductory Development Economics
ECON*3300	[0.50]	Economics of Health and the Workplace
ECON*4930	[0.50]	Environmental Economics
HROB*3030	[0.50]	Occupational Health and Safety
REAL*2850	[0.50]	Service Learning in Housing
MGMT*4050	[0.50]	Business Consulting
MGMT*4060	[0.50]	Business Consulting

Courses in Marketing:

MCS*2600	[0.50]	Fundamentals of Consumer Behaviour
MCS*3000	[0.50]	Advanced Marketing
MCS*3010	[0.50]	Quality Management
MCS*3620	[0.50]	Marketing Communications
MCS*4400	[0.50]	Pricing Management

Courses in Food and Agribusiness:

FARE*2410	[0.50]	Agri-food Markets and Policy
FARE*3030	[0.50]	The Firm and Markets
FARE*3170	[0.50]	Cost-Benefit Analysis
FARE*4000	[0.50]	Agricultural and Food Policy
FARE*4220	[0.50]	Advanced Agribusiness Management

 

 

Estimated Cutoff Ranges: 78-82% for all majors.

Note: Estimated cutoff ranges are based on the admission averages from previous years and are provided solely as a point of reference. Exact cutoffs for the current cycle will be determined by the quantity and quality of applications received and the number of spaces available in the program. Co-op averages will often exceed the estimated cutoff ranges.

 

 

For more information, visit the Admissions website.

 

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Scholarships include:

The University of Guelph has an extremely generous scholarship program that recognizes academic achievements and supports students in their continuation of study. Below are some helpful links to entrance scholarships.

Top scholarship at the University of Guelph

Domestic entrance scholarships

International entrance scholarships