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.
| 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
Semester 2 - Winter
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
Summer Semester
| COOP*3000 | [0.50] | Co-op Work Term III |
Semester 6 - Fall
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 |