X. Degree Programs
Bachelor of Commerce (B.Comm.)
Management Economics in Industry and Finance (MEIF)
Department of Economics, College of Management & Economics
The Management Economics in Industry and Finance major is designed to offer students an appreciation of business problems in the areas of industrial organization and finance using the analytical orientation of the discipline of Economics and the tools of Business Management, Marketing and Accounting. This major combines the applied thrust of business courses with the analytical rigor of Economics.
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, Business Administration, Law, and Public Policy. The major is administered by the Department of Economics and students are urged to consult the faculty advisor.
In addition to the Management Economics in Industry and Finance core, students will choose their restricted electives from the List of Restricted Electives. In selecting the restricted electives, students have a choice of either following a program of studies that covers a wide spectrum of topics in the areas of Industry and Finance or declaring an Area of Emphasis in Finance. Students that identify the Finance Area of Emphasis will choose their restricted electives from the appropriate list of restricted electives below. Students wishing to have an Area of Emphasis are encouraged to declare by Semester 4, in order to facilitate the availability of restricted electives. A planning guide is available in the department. Students should note that most courses carry prerequisites and that ECON*1050 and ECON*1100 are normally prerequisites for all other courses in Economics.
Students who fail any Economics course twice or who do not achieve a 65% average in Economics courses taken during the first 4 semesters in this major are likely to encounter difficulties in the more advanced courses. They are strongly advised to consult the faculty advisor in Economics to discuss the options available.
For this major, 10.00 credits are specified, 5.50 are restricted electives and 4.50 are free electives. (1.50 Liberal Education Requirement; 3.00 free electives).
Liberal Education Requirement
As part of the graduation requirement all students within the B.Comm. Program are required to complete 1.50 credits from at least two different subject prefixes as listed under the B.Comm. Program Information section of the undergraduate calendar.
Major
Semester 1
| CME*1000 | [0.50] | Introduction to Business | |||||||||
| ECON*1050 | [0.50] | Introductory Microeconomics | |||||||||
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| 0.50 electives | |||||||||||
Semester 2
Semester 3
| BUS*2230 | [0.50] | Management Accounting | ||||||
| ECON*2310 | [0.50] | Intermediate Microeconomics | ||||||
| One of: | ||||||||
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| 1.00 electives or restricted electives | ||||||||
| Note: One of ECON*2770 and MCS*3040 must be taken in Semester 3; the other must be taken in Semester 4. | ||||||||
Semester 4
Semester 5
Semester 6
Semester 7
| BUS*2090 | [0.50] | Individuals and Groups in Organizations |
| 2.00 electives or restricted electives | ||
Semester 8
| ECON*4800 | [0.50] | Theory of Strategic Management |
| 2.00 electives or restricted electives | ||
The restricted electives for the MEIF major are listed below. By choosing from this list, students will obtain a broad exposure to the areas of Finance and Industry. If, instead, students wish to obtain a greater degree of specialization in either the area of Finance or Industry, they may opt to diverge from the restricted electives given below and instead choose their restricted electives so as to satisfy the Finance Area of Emphasis Restricted Electives or the Industry Area of Emphasis Restricted Electives.
Restricted Electives
4.50 additional credits in economics, of which
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at most 0.50 credits can be at the 2000 level
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at least 1.00 credits must be at the 4000 level - only one of ECON*4900, ECON*4910 may count as one of the required minimum number of 4000 level economics credits in the B.Comm. program.
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1.50 credits are from the following:
ECON*3510 [0.50] Money, Credit and the Financial System ECON*3520 [0.50] Labour Economics ECON*3530 [0.50] Industrial Organization ECON*3660 [0.50] Economics of Equity Markets
1.00 credits from the following:
| BUS*3230 | [0.50] | Intermediate Management Accounting | ||||||
| BUS*3280 | [0.50] | Auditing I | ||||||
| BUS*3330 | [0.50] | Intermediate Financial Accounting I | ||||||
| BUS*3340 | [0.50] | Intermediate Financial Accounting II | ||||||
| BUS*3350 | [0.50] | Taxation | ||||||
| BUS*4220 | [0.50] | Advanced Financial Accounting | ||||||
| BUS*4230 | [0.50] | Advanced Management Accounting | ||||||
| BUS*4250 | [0.50] | Business Policy | ||||||
| BUS*4260 | [0.50] | International Business | ||||||
| FARE*4360 | [0.50] | Marketing Research | ||||||
| MCS*3000 | [0.50] | Advanced Marketing | ||||||
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Finance Area of Emphasis Restricted Electives:
Students must take the following:
| ECON*3510 | [0.50] | Money, Credit and the Financial System | ||||||
| ECON*3660 | [0.50] | Economics of Equity Markets | ||||||
| ECON*3710 | [0.50] | Advanced Microeconomics | ||||||
| ECON*4560 | [0.50] | Advanced Topics in Finance | ||||||
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2.50 additional credits in economics, of which