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Commerce Courses

Key to Course Descriptions.

For Distribution Requirement purposes, all MGT courses (except COM 110H1 and MGT 120H1, which have NO degree requirement status) are classified as SOCIAL SCIENCE courses.

(Economics course descriptions)

Enrolment in all Management (MGT) courses above the 100-series level is exclusively restricted to students enrolled in a St. George Commerce Program. Enrolment in 100-series MGT courses is subject to space availability; students admitted to the Faculty who indicated an intention to enrol in the Commerce program are given preference. Contact Commerce Programs Office for enrolment information.

Y = Full Course; H = Half-Course. For information on calculating “Course Load” and on “Dropping Courses,” see the “Guide to Choosing Courses & Programs”.

Course Winter Timetable


COM110H1
Introduction to Commerce        26L

Introduction to study of Economics and Management, and their sub-disciplines, that comprises Commerce. Enrolment in COM110H1 is restricted to first year students admitted to the Commerce admission category. (A joint course offered by the Rotman School of Management and the Department of Economics.)


MGT120H1
Financial Accounting I        26L

Introduction to the theory and concepts of financial accounting. Students learn how to construct and interpret financial statements. Topics include an introductory understanding of accounting and the context within which accounting occurs. MGT120H1 is a course aimed at students who wish to enrol in the Program in Commerce and Finance. Enrolment in MGT120H1 is restricted. Priority is given to students entering the University with an expressed interest in studying Commerce.
MGT120H1 does not count as a distribution requirement course


MGT220H1
Financial Accounting II        26L

Expands the analysis of financial accounting beyond MGT120H1. Topics include accounting’s conceptual framework, analysis of a business and financial statements, accounting for assets, and valuation of bonds.

Exclusion: MGT290H1
Prerequisite: At least a C in MGT120H1


MGT223H1
Management Accounting I        26L

Covers conceptual and analytical foundations of cost accounting and uses of accounting by management. Cost concepts for product costing and decision making provide an understanding of the uses of accounting information by management. Costing and control concepts are analyzed to equip students with tools for establishing costing systems and to make decisions.
MGT223H1 does not count as a distribution requirement course.

Exclusion: MGT291H1
Prerequisite: At least C in MGT120H1


MGT224H1
Financial Accounting Theory  and Policy I      26L

Expands the analysis of financial accounting beyond MGT220H1. Technical topics include accounting for leases, financial instruments, revenue recognition, intangibles and contingencies. Emphasis on implication for valuation and analysis.
Prerequisite: MGT220H1


MGT252H1
Principles of Marketing        26L

An introduction to the basic concepts of market definition, consumer behaviour, and the principal marketing functions: product line development, pricing, distribution, promotion, salesforce management, advertising, research, and planning.

Exclusion: MGT352H1


MGT262H1
Individual and Group Behaviour  in Organizations      26L

Theoretical ideas and practical applications concerning the behaviour of individuals and groups in organizations. We explore relevant problems confronting management: motivation, influence, communication, supervision, decision-making, work force diversity.

Exclusion: MGT362H1, WDW260H1


MGT290H1
Financial Accounting II        26L

Expands the analysis of financial accounting beyond MGT120H1. Cases are used to develop critical thinking and communication skills. Topics include accounting’s conceptual framework, analysis of a business and financial statements, accounting for assets, and valuation of bonds. (Offered only during the summer in Hong Kong.)
Prerequisite: At least a C in MGT120H1

Exclusion: MGT220H1


MGT291H1
Management Accounting I        26L

Covers conceptual and analytical foundations of cost accounting and uses of accounting by management. Cost concepts for product costing and decision making provide an understanding of the uses of accounting information by management. Costing and control concepts are analyzed to equip students with tools for establishing costing systems and to make decisions. (Offered only during the summer in Hong Kong.)
Prerequisite: At least a C in MGT120H1
Exclusion: MGT223H1


MGT295Y0/296YO
Special Topics        26L

The areas of concentration depend on the instructor teaching the course. (Offered only during the summer through the Woodsworth Summer Abroad Program)



Note

Commerce students admitted to the Faculty of Arts and Science in 2002 Summer or later MUST complete COM110H1 prior to enrolling in any 300 or 400-level MGT course.

MGT321H1
Auditing        26L

A study of the concepts and theory underlying audit practice. Students are introduced to the CICA Handbook recommendations and guidelines for assurance. Practical examples are used to help students develop skills in exercising professional judgement.
Prerequisite: MGT224H1


MGT322H1
Financial Accounting Theory and Policy II       26L

Examines several current measurement and disclosure issues in financial reporting, within a “quality of earnings” framework. Topics include: financial instruments, measuring and reporting pensions, financial reporting of corporate income taxes, corporate reporting via the Internet, etc. The emphasis is on developing judgement.
Prerequisite: MGT224H1


MGT323H1
Management Accounting II        26L

Introduction to the different contexts in which costs need to be determined for goods sold internally, externally, domestically, and internationally. Other topics include appropriate cost structures for centralized, decentralized, and matrix forms of organizations and costs for long term capital projects. Cases are used to promote understanding of the theories.
Prerequisite: MGT223H1, ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)


MGT330H1
Investments        26L

Security analysis and portfolio management. Emphasis is placed on an analysis of bonds and common stocks.
Co-requisite: MGT337Y1
Recommended Preparation: MGT120H1


MGT337Y1
Business Finance        52L

Valuation models, cost of capital, capital budgeting, investment under uncertainty, the use of leverage, dividend policy, and the financial environment within which Canadian companies operate. The characteristics of various debt and equity instruments available in the Canadian capital market.

Exclusion: ACT349H1, ECO358H1, ECO359H1, MGT331Y1
Prerequisite: ECO200Y1/ECO206Y1, ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1), MGT120H1


MGT353H1
Introduction to Marketing Management       26L

An applications-oriented course intended to develop the analytic skills required of marketing managers. The course is designed to improve skills in analyzing marketing situations, identifying market opportunities, developing marketing strategies, making concise recommendations, and defending these recommendations.
Prerequisite: MGT252H1
Recommended Preparation: ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)


MGT363H1
Organization Theory and Design        26L

The course looks at how organizations function as collective social systems, trying to succeed in their environment. An extensive body of research and theory about organizations has developed. Discussion of the theories with a focus on practical applications about managing organizations. Topics include strategy, structure, environment, technology, culture, change and global management.


MGT371H1
Introduction to Business Information Systems       26L

This course helps students use, develop, and manage computer-based systems. The first half covers the basic features of hardware, software, communications, and databases. The second half examines how users, businesses, the economy, and society are affected by the development of this technology. No previous background in computing is assumed.

Exclusion: CSC340H1


MGT374H1
Operations Management        26L

Operations management is concerned with the facilities and their operation to deliver the goods and services of the organization. The course develops this theme and gives a theoretical framework for managing operations. Some of the major themes include aggregate planning, materials management, and inventory control. This course introduces students to modern quantitative and computing tools necessary for in-depth operational analysis and planning.
Prerequisite: ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)


MGT393H1
Legal Environment of Business I        26L

An introduction for commerce students to the Canadian legal system focusing on business entities, the structure of the Canadian court system, the various elements of contract law and the law of negligence.


MGT394H1
Legal Environment of Business II        26L

This course builds on the legal principles developed in Legal I and canvasses other areas of law that impact on a business entity. Topics dealt with are the Sales of Goods Act and relevant consumer protection legislation, employment law, environmental law, the Personal Property Security Act and the rights of the secured creditor.
Prerequisite: MGT393H1



MGT 395YO
Special Topics

The areas of concentration depend on the instructor teaching the course. (Offered only during the summer through the Woodsworth Summer Abroad Program)


MGT401H1/402H1
Independent Study Course        TBA

Open when a faculty member is willing and able to supervise. Students must obtain the approval of the Director of Commerce and the supervising faculty member before enrolling. Enrolment is restricted to St. George Commerce students.
Prerequisite: Cumulative GPA of at least 2.70


MGT403Y1/404Y1
Independent Study Course        TBA

Open when a faculty member is willing and able to supervise. Students must obtain the approval of the Director of Commerce and the supervising faculty member before enrolling. Enrolment is restricted to St. George Commerce students. Consult the Commerce Programs Office.
Prerequisite: Cumulative GPA of at least 2.70


MGT410H1/411H1/412H1/413H1/414H1/415H1/416H1/417H1/418H1/419H1
Special Topics in Management        TBA

Topics and issues in Management. Content in any given year will depend on the instructor. Consult the Commerce website for course description and Prerequisites . Enrolment is restricted to 4th year St. George Commerce students.


MGT420H1
Critical Thinking, Analysis and Decision Making       39L

This is a capstone case course stressing the pervasive competencies and critical thinking skills required from Commerce graduates, professional accountants and advisors. The course integrates the technical and practical knowledge obtained in previous courses by applying this knowledge to case type situations. Aimed at students seeking an accounting designation.
Prerequisite: Fourth-year St. George Commerce student
Recommended Preparation: MGT321H1, MGT322H1, MGT323H1, MGT337Y1


MGT421H1
Advanced Auditing Topics        26L

The course focuses on the reasoning and evidence theory underlying audit decision making. Coverage includes professional judgement, statistical auditing, assurance engagements, and public sector auditing.
Prerequisite: MGT321H1


MGT422H1
Computer Auditing        26L

This course investigates strategies and procedures used to audit computerized accounting systems based upon their special control characteristics. Special attention is devoted to computerized statistical procedures.
Prerequisite: MGT321H1, MGT371H1


MGT423H1
Canadian Income Taxation I        26L

This is the first of two courses in federal income tax law. It is designed to give the student a basic understanding of the Income Tax Act and its administration. This is achieved by applying the law to practical problems and case settings. Topics covered include: residence, employment income, property income, business income, capital gains, computation of taxable income and tax for individuals.
Prerequisite: MGT322H1/MGT323H1/MGT337Y1


MGT426H1
Advanced Accounting        26L

The emphasis in this course is on accounting issues and practices relating to long-term investments, consolidations, foreign transactions and foreign investments. International accounting issues are also introduced. Assigned material includes cases to ensure that the user impact of accounting choices is appreciated.
Prerequisite: MGT322H1


MGT428H1
Management Control        26L

Management control includes all the processes and systems, many accounting-based, by which key managers allegedly ensure that resources are acquired and used effectively and efficiently in the accomplishment of an organization’s goals. The case method is used to provide an understanding of the issues and environment of management control.
Prerequisite: MGT323H1


MGT429H1
Canadian Income Taxation II        26L

This is the second of two courses in federal income tax law. It is designed to give the student an understanding of the more complex issues of Canadian Income Tax Law and tax planning. This is achieved through a combination of lectures and the application of the law to practical problems and case settings. Topics include computation of corporate taxes, integration, corporate reorganizations, surplus distributions, partnerships and trusts.
Prerequisite: MGT423H1



MGT 430H1
Fixed Income Securities 26L

The objective of this course is to describe important fixed income securities and markets. The course emphasizes traditional bond and term structure concepts crucial to understand the securities traded in these markets. Students are required to work in the Rotman Financial Research & Trading Lab to solve the assigned problems using real time data.
Prerequisite: MGT337Y1/(331Y with a B+)


MGT431H1
Advanced Corporate Finance        26L

Application and development of the ideas in MGT337Y1 to corporate finance problems such as initial public offerings and project evaluation.
Prerequisite: MGT337Y1/At least B+ in MGT331Y1/(ACT349H1, ACT370H1), ECO200Y1/ECO206Y1


MGT438H1
Futures and Options Markets        26L

Analysis of derivative instruments such as futures contracts, put and call options and swaps. Emphasis is placed on the valuation of these instruments as a foundation for valuing complex securities.
Prerequisite: MGT337Y1/At least B+ in MGT331Y1/(ACT349H1, ACT370H1), ECO200Y1/ECO206Y1


MGT439H1
International Finance        26L

International Financial markets, exchange rates, forward markets, interest rate parity. International dimensions of investment, including both portfolio and foreign direct investment. International dimensions of corporate finance, including valuation and the cost of capital of foreign investments.
Prerequisite: MGT337Y1/At least B+ in MGT331Y1, ECO200Y1/ECO206Y1


MGT452H1
Advanced Marketing Management        26L

The emphasis in this course is on marketing decision making in a dynamic environment. Building on the concepts and skills developed in MGT353H1, the course focuses on the major decisions facing marketing managers in the attempt to harmonize the resources of the organization with the opportunities in the market.
Prerequisite: MGT353H1


MGT453H1
Marketing Research        26L

Marketing research is studied from the perspective of the marketing manager. The course focuses on the initiation, design, and interpretation of research as an aid to marketing decision making. Case studies and projects are used to provide students with some practical research experiences.
Prerequisite: MGT353H1, ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)


MGT460H1
Human Resource Management        26L

Human resource management is studied from the perspective of the manager/practitioner. The course focuses on current theory and practices in the major functions of human resource management. Class exercises and projects are used to provide students with some practical HR experience.
Prerequisite: MGT262H1/MGT363H1/WDW260H1


MGT461H1
Managerial Negotiations        26L

Students learn to recognize, understand, analyze, and practice essential concepts in negotiations required for understanding more complex relations within and between organizations. The main objective is to learn how to analyze the critical factors of a negotiation situation and then to be able to prescribe a course of action.
Prerequisite: MGT262H1


MGT475H1
Management Science        26L

Introduction to Management Science methods dealing with decision making situations. The goal of these methods, which are quantitative in nature, is to obtain an objective evaluation of available alternatives and select the ‘best’ one with respect to pre-defined criteria. Topics include: Decision Analysis, Linear Programming, Integer Programming, Network Methods and Waiting Line Models.
Prerequisite: One full MGT course at the 300- or 400-level



MGT 480H1
Business in a Global Economy 26L

Application of the analytic framework of international trade, foreign investment and exchange rate economics to management of business. Special topics include the industrial effects of trade liberalization, the role of the World Trade Organization, foreign exchange risk management, competition policy and international taxation.
Prerequisite: 1.0 300+ MGT full course equivalent


MGT491H1
Introduction to International Business        26L

Focuses on developing an understanding of the fundamentals of doing business in an international environment. Based on the application of management theory (trade theory, modes of entry, foreign direct investment, theory of the multinational) to the strategic management problems of organizing business in the international arena.
Prerequisite: one full MGT course at the 300- or 400-level


MGT492H1
Introduction to Strategic Management        26L

Focuses on industry analysis and different models of the firm. The key questions addressed are: “why do some firms succeed where others fail?” and “what strategy should a firm employ to reach its goals?”
Prerequisite: one full MGT course at the 300- or 400-level


MGT493H1
Small Business Management        26L

Skills needed to set up and run a small business. Development of a business plan. Securing financing. Finding and keeping customers. Operations management. Aspects of legal, financial and taxation concerns of smaller businesses.
Prerequisite: one full MGT course at the 300- or 400-level


MGT494H1
Technology Strategy        26L

Teaches about technological evolution and how evolutionary stages impact firms’ strategic choices. Important issues in technological evolution are technological discontinuities, standards wars, dominant designs and patenting. Important strategic decisions concern innovation management, product versus process focus and intellectual property strategies. Project oriented coursework based on patent and business data bases.
Prerequisite: One full MGT course at the 300- or 400-level
Recommended Preparation: MGT252H1


MGT499H1
Integrated Management Simulation       26L

An experiential business simulation in which students form the executive committee of a fictitious company and compete in a virtual computer simulation. Students interact and work together as a team, guide a company to success and communicate with stakeholders by reporting to a board of directors composed of business executives.
Prerequisite: Fourth-year St. George commerce students with MGT337Y1