Management Economics and Finance (BComm program)
Lang's Management Economics and Finance major offers students an appreciation of business and economic challenges, specifically within the area of finance.
In your fourth semester, you will choose to specialize in either Finance or Management as an area of emphasis. Both specializations provide you with the ability to think in a disciplined, structured and open-minded way, and apply this way of thinking to tackle challenges in a globalized economy. This major combines the analytical nature of finance and economics with the practical tools of accounting, business management and marketing for you to gain a broad exposure to the financial management sector. You will engage in a challenging and rewarding intellectual environment, gain in-depth knowledge of finance theory, and obtain a practical understanding of a broad range of business areas. Also available is the BA in Economics and Mathematics Economics.
- Theory of Finance: This course looks at capital budgeting and long-term finance and investment decisions by firms and individuals.
- Economics of Equity Markets: This course studies the economics and finance literature regarding the determination of security prices and the operation of the stock market.
- Strategy of Mergers and Acquisitions: This course examines the role of mergers and acquisitions in repositioning companies to remain competitive, to grow, or to exit.



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Join our renowned student community
Life as a university student is about more than the lecture hall.
At the University of Guelph, we want you to experience the student life we're known for, and that means joining clubs, staying active and discovering Guelph both as a place for top-notch education and a community you can be proud of.
Learn more about the student life in our Management Economics and Finance major.
Build your career
Graduates of the University of Guelph's Management Economics and Finance major are employed by some of the most respected organizations in the world.
- PwC
- TD
- RBC
- CIBC
- KPMG
- Scotiabank
- BMO
- Manulife
- Loblaw Companies Ltd.
- The Co-operators
Job titles of recent Economics and Finance graduates:
- Research economist
- Investment advisor
- Financial analyst
- Economist
- Policy analyst
- Accountant
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: | ||||||||
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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: | ||||||||
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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: | ||||||||
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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
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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) | |||||||||||||||||||||||||||||
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Courses in Quantitative Finance | |||||||||||||||||||||||||||||
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Courses in preparation for post-graduate work in Economics (MA) | |||||||||||||||||||||||||||||
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Community Engagement Courses | |||||||||||||||||||||||||||||
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Courses for Computational Finance | |||||||||||||||||||||||||||||
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MANAGEMENT AREA OF EMPHASIS
ECON*4400 | [0.50] | Managerial Economics |
1.00 credits from the following finance courses: | ||||||||||||||
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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.
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