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Introduction

The term “ Commerce and Finance” and its short form, “Commerce”, are used at the University of Toronto to describe programs of study that combine the related disciplines of Economics and Management. Students enrolled in Commerce Programs take roughly equal numbers of courses in Economics and Management, as well as courses in the Humanities, the Sciences and other areas that collectively define the liberal arts.

At present, two distinct programs are offered in Commerce. The Specialist Program in Commerce and Finance, also known as the B.Com. Program, is a 4-year (20 credit) program of study leading to an honours degree in the form of the Bachelor of Commerce. The Major Program in Commerce and Finance is a less concentrated program of study in Economics and Management. A student completing the Major Program in Commerce may obtain a 3-year B.A. degree or the student may combine this with major or minor programs in other disciplines to earn a 4-year honours B.A. or B.Sc. degree.

Prospective students are advised that neither the B.Com. Program nor the Commerce Major Program is a professional regimen of study in business administration or management. Each has a broad-based liberal arts focus, designed to provide foundations upon which professional and managerial skills might later be built -- from post-graduate work experience, training or further study.

The B.Com. Program provides an intermediate-level exposure to Economics at the theoretical and applied levels and to a number of the sub-disciplines of Management. The Major Program provides an introductory-level exposure to these areas.

B.Com. graduates have traditionally been desired employees of business and government. They are also well prepared to pursue further studies — either in academic institutions, such as law or graduate schools, or through enrolment in certification courses offered by professional associations, such as the various accounting societies.

Commerce Programs are jointly offered by the Faculty of Arts and Science and the Rotman School of Management on the basis of limited enrolments. Prospective applicants enrol in the Faculty of Arts and Science and may apply for admission to Commerce Programs near the end of first year. Successful applicants are registered with the Rotman School of Management and are enrolled in both Faculties through their remaining years of study.

Undergraduate Secretary:

L. MacTavish, 105 St. George Street, Room 111 (978-3339)

Enquiries:

105 St. George Street, Room 111 (978-3339)

BACHELOR OF COMMERCE (B.COM.) DEGREE REQUIREMENTS

To qualify for a Bachelor of Commerce degree, a student must:

(a) Complete twenty full-course equivalents, including no more than six 100-series courses;

(b) Complete the Commerce and Finance Program (see below);

(c) Complete the Faculty Distribution Requirement for B.Com. students (see below);

(d) Complete five full course equivalents from disciplines outside of Management (MGT) and Economics (ECO); (courses taken to fulfill (b) and (c) may be also counted towards meeting this requirement; see also III.3 in Commerce and Finance Program below).

(e) Obtain standing (i.e., complete with a grade of 50% or more) in at least six 300- or 400-series courses, including at least one 400-series course.

(f) Achieve a cumulative GPA of 1.85 or more by the time of graduation.

GRADUATION

Students who expect to graduate at the end of a given session must notify their College Registrars in writing or use the student telephone service to make their degree requests by the dates specified in the Calendar. Prospective graduands should receive the following documents from the University:

1. a Program of Study Assessment form (late April/late August) from the program sponsor;

2. a letter from the Office of Statistics, Records and Convocation providing details of the convocation ceremony (late March/mid-October);

3. a Statement of Results (or letter for non-registered students) from the Office of the Faculty Registrar confirming degree eligibility (early June/early September).

FACULTY DISTRIBUTION REQUIREMENT FOR B.COM. STUDENTS

As part of the degree requirements for the B.Com., STUDENTS MUST COMPLETE ONE FULL COURSE EQUIVALENT IN EACH OF THE HUMANITIES, THE SOCIAL SCIENCES AND THE SCIENCES AREAS as defined below:

1. ONE full course equivalent must be from the Humanities (see Page 37).

2. ONE full course equivalent must be from the Social Sciences (MGT courses may be used to meet this requirement with the exception of MGT 120H and 121H, which have NO Distribution Requirement status; see Page 38).

3. ONE full course equivalent must be from the Sciences (see Page 36), with the following exceptions:

All 100-series courses in CSC, MAT, STA; STA 250H, 255H, 257H, 352Y.

4. NOTE: transfer students from Erindale or Scarborough must meet the St. George Distribution Requirement.

COMMERCE PROGRAMS

NOTE: Subject to final approval, the tuition fees for students enroling in the Commerce programs from 2001 onwards may be higher than for other Arts and Science programs.
Enrolment in Commerce and Finance Programs is limited; students normally apply in April of their First Year. Students must take at least four courses including MGT 120H, ECO 100Y, and MAT 133Y/(123H, 124H)/137Y. Minimum marks of 63% in MGT 120H and ECO 100Y are required, as well as a passing grade in MAT. The cumulative GPA will also be considered for enrolment in the Program. MAT 133Y/(123H, 124H) are courses which satisfy the minimum Program requirements. Students who are likely to enrol in 200+ series MAT courses are advised to take MAT 137Y instead, noting that MAT 137Y is a theoretically oriented course for Specialists in Mathematics and mathematically based disciplines such as Actuarial Science.

COMMERCE AND FINANCE (B.Com)

Specialist program:
(14 to 15 full courses or their equivalent out of 20 courses, for a B.Com.)

First Year:

1. MGT 120H; ECO 100Y
2. MAT 133Y/(123H, 124H)/137Y
3. Students are encouraged to take one course towards the Distribution Requirement (above) in First Year

Higher Years:

I: Additional MGT Component (5.5 full courses or their equivalent)
1. MGT 123H, 220H, 337Y
2. 1.5 courses from: MGT 252H, 262H, 353H, 363H, 371H, 374H, 393H
3. One 400-series MGT full-course equivalent
4. One additional 200+ series MGT course
5. No more than 15 MGT and ECO courses may be taken for degree credit. STA 250H, 255H, 257H, 261H count as ECO courses.
II: Additional Economics Component (5 full courses or their equivalent)
1. ECO 200Y/206Y
2. ECO 202Y/208Y
3. ECO 220Y/227Y/STA (250H, 255H)/(257H, 261H)
4. Two 300+ series ECO full course equivalents, no more than one of which may be a course in Economic History (see III.2 below).
NOTE: MGT 310Y may be counted as an ECO course
III: Writing Component (2 full courses* or their equivalent)
Two full course equivalents from the following groups of which a maximum of 1.0 courses may be from Group B:

Group A: ANT 100Y, 204Y; CLA (except 201H); EAS 270Y, 352Y; ENG; FAH; FCS; GGR 240Y; HIS; HPS; HUM; INI 204Y, 235Y, 300Y, 311Y and all INI “Cinema Studies”; JMC 201Y; LIN; NEW; NMC 185Y, 278Y; PHL (except 245H, 246H, 247H, 344H, 345H, 346H); POL (except 242Y); RLG; SMC; SOC; TRN 200Y; UNI; VIC; WLD

Group B: ECO 201Y/302Y/303Y/306Y/321Y/322Y/323Y/335Y/342Y/429Y/452H/453Y/457Y. If ECO 201Y is taken, only four full course equivalents need be taken outside MGT and ECO to meet the B.Com. degree requirement (d). If one ECO 300+ series course is taken, then only one additional ECO full course equivalent need be taken under II.4 above.
* The course(s) taken from III Group A may also count towards the Faculty Distribution Requirement above.

ECONOMICS (COMMERCE AND FINANCE) (B.Com.)
This Program may only be taken conjointly with the Specialist Program in Commerce and Finance (above). Students must be accepted in the Commerce and Finance (B.Com.) Program in order to complete the Economics (B.Com.) Program.
NOTE: Enrolment in this Program is limited to students with 70% in ECO 100Y and (60% in MAT 133Y or 55% in MAT 137Y) AND a C in MGT 120H AND a minimum cumulative GPA.

Specialist program:
(15.5-16 courses in a program of 20 full courses or their equivalent)

First Year:
ECO 100Y; MAT 133Y/137Y; MGT 120H

Higher Years:

I: Additional MGT Requirements (5.5 full courses or their equivalent):
1. MGT 123H, 220H, 337Y
2. 1.5 credits from MGT 252H, 262H, 353H, 363H, 371H, 374H, 393H
3. One 400-series MGT full course equivalent
4. One additional 200+ series MGT course
5. No more than 15 MGT and ECO courses may be taken for degree credit. STA 250H, 255H, 257H, 261H count as ECO courses.
II: Additional ECO Requirements (6.5 full courses or their equivalent):
1. ECO 206Y, 208Y, 227Y/STA (257H, 261H)
2. ECO 327Y/357Y
3. One Economic History course from: ECO 302Y/303Y/306Y/321Y/322Y/323Y/335Y/342Y/429Y/453Y/457Y
4. ECO 325H, 326H plus one-half additional ECO course at the 300+ level
NOTE: MGT 310Y may be counted as an ECO course
III: Writing Component (1 full course or equivalent):
One full course equivalent from 1. below; this course may also count toward the Faculty Distribution Requirement (above):
1. ANT 100Y, 204Y; CLA (except 201H); EAS 270Y, 352Y; ENG; FAH; FCS; GGR 240Y; HIS; HPS; HUM; INI 204Y, 235Y, 300Y, 311Y and all INI “Cinema Studies”; JMC 201Y; LIN; NEW; NMC 185Y, 278Y; PHL (except 245H, 246H, 247H, 344H, 345H, 346H); POL (except 242Y); RLG; SMC; SOC; TRN 200Y; UNI; VIC; WLD

COMMERCE (B.A.)
Students taking this program follow the degree requirements for B.A. and Hon. B.A.; see Page 34)

Major program:
(7 full courses or their equivalent)

First Year:

1. MGT 120H
2. ECO 100Y
3. MAT 133Y/(123H, 124H)/137Y

Higher Years:

1. ECO 220Y/227Y/STA (250H, 255H)/(257H, 261H)
2. MGT 123H, 220H, 331Y/337Y, 252H
3. One full course or equivalent from MGT330H, 363H, 371H, 374H, 393H, or any 400-level MGT course