X. Degree Programs

Bachelor of Commerce (B.Comm.)

Management Economics and Finance (Co-op) (MEF:C)

Department of Economics and Finance, Gordon S. Lang School of Business and Economics

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.

Program Requirements

The Co-op program in Management Economics and Finance is a five year program, including five work terms. Students must complete a Fall, Winter and Summer work term, and must follow the academic work schedule as outlined below (also found on the Co-operative Education website: https://www.recruitguelph.ca/cecs/). Please refer to the Co-operative Education program policy with respect to adjusting this schedule.

Management Economics and Finance Academic and Co-op Work Term Schedule
Year Fall Winter Summer
1 Academic Semester 1 Academic Semester 2 Off
2 Academic Semester 3

COOP*1100

Academic Semester 4 COOP*1000 Work Term I
3 COOP*2000 Work Term II Academic Semester 5 COOP*3000 Work Term III
4 Academic Semester 6 COOP*4000 Work Term IV COOP*5000 Work Term V
5 Academic Semester 7 Academic Semester 8 N/A

To be eligible to continue in the Co-op program, students must meet a minimum 70% cumulative average requirement after second semester, as well as meet all work term requirements. Please refer to the Co-operative Education program policy with respect to work term performance grading, work term report grading and program completion requirements.

For additional program information students should consult with their Co-op Co-ordinator and Co-op Faculty Advisor, listed on the Co-operative Education web site.

Credit Summary (22.00 Total Credits)

11.50 - Required Core Courses

5.00 - Restricted Electives (from lists)

1.50 - Liberal Education Electives

2.00 - Free Electives

2.00 Co-op Work Terms

Note: A minimum of four Co-op work terms including a Summer, Fall, and Winter are necessary to complete the Co-op requirement. *A fifth Co-op work term is optional and if completed the total number of credits will equal 22.50.

The recommended program sequence is outlined below.

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
University of Guelph
50 Stone Road East
Guelph, Ontario, N1G 2W1
Canada
519-824-4120