X. Degree Programs

Bachelor of Commerce (B.Comm.)

Management Economics and Finance (MEF)

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.

Degree Requirements (20.00 Total Credits)

10.50 - Required Core Courses

6.00 - Restricted Electives (from lists)

0.00 – MGMT*1100 (Business Career Preparation)

1.50 - Liberal Education Electives

2.00 - Free Electives

Major

Semester 1
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
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
ACCT*2230 [0.50] Management Accounting
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
MGMT*1100 [0.00] Business Career Preparation
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
ECON*2410 [0.50] Intermediate Macroeconomics
ECON*2560 [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.
Semester 5
ECON*3740 [0.50] Introduction to Econometrics
MGMT*3020 [0.50] Corporate Social Responsibility
1.50 electives or restricted electives
Note: ECON*3710 is required for the Finance Area of Emphasis.
Semester 6
FARE*3310 [0.50] Operations Management
2.00 electives or restricted electives
Note: ECON*3810 is required for the Finance Area of Emphasis
Semester 7
2.50 electives or restricted electives
Semester 8
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
ECON*4560 [0.50] Advanced Topics in Finance
1.50 credits from the following Finance courses:
ECON*3360 [0.50] The Strategy of Mergers and Acquisitions
ECON*3660 [0.50] Investments
ECON*3760 [0.50] Fundamentals of Derivatives
ECON*3860 [0.50] International Finance
ECON*3960 [0.50] Money, Credit and the Financial System
1.50 Economics credits at the 3000 or 4000 level
In addition to the required credits listed above, students must take a minimum of 1.5 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*3660 [0.50] Investments
ECON*3760 [0.50] Fundamentals of Derivatives
ECON*4660 [0.50] Risk Management in Finance and Insurance
ECON*4760 [0.50] Topics in Monetary Economics
Courses in Quantitative Finance
ECON*3100 [0.50] Game Theory
ECON*4640 [0.50] Advanced Econometrics
ECON*4700 [0.50] Advanced Mathematical Economics
ECON*4840 [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
MANAGEMENT Area of Emphasis
ECON*4400 [0.50] Managerial Economics
1.50 credits from the following Finance courses:
ECON*3360 [0.50] The Strategy of Mergers and Acquisitions
ECON*3660 [0.50] Investments
ECON*3760 [0.50] Fundamentals of Derivatives
ECON*3860 [0.50] International Finance
ECON*3960 [0.50] Money, Credit and the Financial System

2.50 additional credits in economics 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 credits listed above, students must take a minimum of 1.50 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] Agrifood 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