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Commerce Courses

For Distribution Requirement purposes (see page 27), all MGT/RSM courses (except COM110H1, MGT120H1, MGT201H1, and RSM100Y1, which have NO distribution requirement status) are classified as SOCIAL SCIENCE courses.

(Economics course descriptions)

| Course Winter Timetable |


MGT201H1
Introduction to Financial Accounting (formerly MGT120H1) [26L]

Introduction to financial reporting and analysis that is used by companies to organize and evaluate data in light of their organization’s goal. Emphasis is on decision-making and interpretation of financial statements and how they can be used to plan a firm’s overall business activities through the use of real-world companies.
Not open to Commerce students.

Exclusion: MGT120H1
This course has no status for distribution requirement purposes.


RSM100Y1
Introduction to Management [52L]

Introduction to management and its various subdisciplines-accounting, finance, marketing, organizational behaviour, operations management, and strategy.
Enrolment priority is given to students entering the University with an expressed interest in studying Commerce. Other Arts & Science students will be allowed to enrol, space permitting. Non-Arts & Science students are ineligible to enrol in this course.

Exclusion: COM110H1
Co-requisite: ECO100Y1, MAT133Y1
This course has no status for distribution requirement purposes.


RSM220H1
Financial Accounting (formerly MGT220H1) [26L, 26T]

This course introduces Commerce students to financial accounting including both conceptual and technical aspects.

Exclusion: MGT220H1
Prerequisite: MGT120H1/MGT201H1/RSM100Y1


RSM221H1
Intermediate Financial Accounting I (formerly MGT224H1) [26L]

Covers topics such as income statement and balance sheet topics with an emphasis on quality of earnings.

Exclusion: MGT224H1
Prerequisite: MGT220H1/RSM220H1


RSM222H1
Management Accounting I (formerly MGT223H1) [26L, 26T]

Covers the conceptual and analytical foundations of management accounting and the applications of cost accounting information. Costing and control concepts are analyzed to equip students with tools for establishing costing systems, making business decisions, and evaluating management performance. Materials are designed to help students understand strategic cost management principles.

Exclusion: MGT223H1
Prerequisite for students enrolled in Employment Relations or Human Resource Management: MGT201H1
Co-requisite for students enrolled in Rotman Commerce: RSM220H1


RSM225H1
Legal Environment of Business I (formerly MGT393H1) [26L]

Introduces 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.

Exclusion: MGT393H1
Prerequisite: COM 110H1/RSM100Y1


RSM230H1
Financial Markets [26L]

Introduction to Canadian and international financial markets. It provides an overview of the major financial institutions, their roles and some problems they face, the major types of financial securities and the mechanisms under which they are traded. It is a helpful preparation for students thinking of taking the Canadian Securities Course.

Exclusion: ACT349H1, ECO358H1, ECO359H1
Prerequisite: COM110H1/RSM100Y1


RSM250H1
Principles of Marketing (formerly MGT252H1) [26L]

Students receive an introduction to the basic concepts, theories, and methods of contemporary marketing. The course offers a comprehensive framework to develop successful marketing efforts and allows students to create a marketing plan. Specific topics examined: market research, consumer behaviour, segmentation, product policy, pricing, distribution, communications, sales, and direct marketing.

Exclusion: MGT252H1
Prerequisite: COM110H1/RSM100Y1


RSM260H1
Organizational Behaviour (formerly MGT262H1) [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: MGT262H1, PSY332H1, WDW260H1
Prerequisite: COM 110H1/RSM100Y1


RSM295Y0
Special Topics [26L]


RSM296Y0
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)


RSM320H1
Intermediate Financial Accounting II (formerly MGT322H1) [26L]

Covers broader areas in financial reporting, drawing upon regulatory documents and corporate communications. Topics include corporate reporting quality, employee future benefits, employee compensation disclosure and analysis, income tax accounting, narrative reporting. Emphasis on the context of financial reporting including an organization’s ‘tone at the top’ and the adoption of international standards.

Exclusion: MGT322H1
Prerequisite: MGT224H1/RSM221H1


RSM321H1
Advanced Financial Accounting Topics (formerly MGT426H1) [26L]

This course covers accounting issues and practices relating to long-term investments, consolidations, foreign transactions and foreign investments. International accounting issues are also introduced.

Exclusion: MGT426H1
Prerequisite: MGT322H1/RSM320H1


RSM322H1
Management Accounting and Decision Making (formerly MGT323H1) [26L]

The course focuses on making managerial decisions based on cost information. The relationship between strategy and costing systems is explored and as are the economic characteristics which form the context for business decisions.

Exclusion: MGT323H1
Prerequisite: MGT223H1/RSM222H1


RSM323H1
Auditing I (formerly MGT321H1) [26L]

This course introduces students to the concepts and theory underlying audit practice. Practical examples are used to help students develop skills in exercising professional judgment.

Exclusion: MGT321H1
Prerequisite: MGT224H1/RSM221H1, MGT393H1/RSM225H1


RSM324H1
Canadian Income Taxation I (formerly MGT423H1) [26L, 26T]

This course gives a basic understanding of the Income Tax Act and its administration. Topics covered include administration of the tax system, residence, and the sources of income included in the computation of net income for individuals, partnerships, and corporations, computation of taxable income and taxes payable for individuals.

Exclusion: MGT423H1
Prerequisite: MGT220H1/RSM220H1


RSM325H1
Legal Environment of Business II (formerly MGT394H1) [26L]

This course canvasses 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.

Exclusion: MGT394H1
Prerequisite: MGT393H1/RSM225H1


RSM327H1
Business Information Systems (formerly MGT371H1) [26L, 13T]

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, MGT371H1


RSM330H1
Investments (formerly MGT330H1) [26L]

This course provides an introduction to financial theories and analytical tools for making investment decisions and for understanding how prices are determined for stocks and bonds. The course covers a broad range of topics including asset allocation, technical analysis, fundamental analysis, anomalies, and bond portfolio management.

Exclusion: ACT349H1, MGT330H1
Prerequisite: MGT337Y1/RSM230H1/RSM332H1


RSM332H1
Capital Market Theory [26L]

An introduction to capital market theory explaining how financial securities are priced. Topics covered include the time and risk value of money, the use of discounted cash flow techniques, efficient set theory, asset pricing and market efficiency.

Exclusion: ACT349H1, ECO358H1, ECO359H1, MGT337Y1
Prerequisite: ECO204Y1/ECO206Y1, ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1), MGT220H1/RSM220H1, MGT223H1/RSM222H1


RSM333H1
Introduction to Corporate Finance [26L]

Application and development of the ideas in RSM332H1 to corporate finance problems such as determining the weighted average cost of capital, project evaluation, corporate financing decisions, working capital management and initial public offerings.

Exclusion: ACT349H1, ECO358H1, ECO359H1, MGT337Y1
Prerequisite: RSM332H1


RSM350H1
       Marketing Management (formerly MGT353H1) [26L]

This course employs the case method of instruction to develop the skills required of marketing managers. Students will learn to diagnose marketing problems and develop, present, and defend their recommendations. They will also gain experience analyzing marketing situations, identifying market opportunities, developing marketing strategies, and designing the marketing mix.

Exclusion: MGT353H1
Prerequisite: MGT252H1/RSM250H1
Recommended Preparation: ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)


RSM360H1
Organization Theory and Design (formerly MGT363H1) [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.

Exclusion: MGT363H1
Prerequisite: MGT262H1/RSM260H1


RSM370H1
       Operations Management (formerly MGT374H1) [26L]

Introduction to the management of business processes that convert inputs (labor, material, equipment) into outputs (goods and services) for internal and external markets. Topics include aggregate planning, inventory processes, supply chain management and service operations management. Presents modern quantitative and computing tools necessary for in-depth operational design and analysis.

Exclusion: MGT374H1
Prerequisite: ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)


RSM392H1
       Strategic Management (formerly MGT492H1) [26L]

Introduces core ideas, concepts and models in the area of Strategic Management. Addresses the following questions: Why does firm performance vary across industries, and across firms within a given industry? What types of competitive strategies can managers pursue? When are different types of strategies more or less likely to be successful?

Exclusion: MGT492H1
Co-requisite: MGT337Y1/RSM332H1


RSM395Y0
Special Topics

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


RSM401H1
Independent Study Course [TBA]


RSM402H1
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 fourth-year St. George Commerce students. Consult the Commerce Programs Office for details.
Prerequisite: Cumulative GPA of at least 2.70


RSM403Y1
Independent Study Course [TBA]


RSM404Y1
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 4th year St. George Commerce students. Consult the Commerce Programs Office for details.
Prerequisite: Cumulative GPA of at least 2.70


RSM410H1
Special Topics in Management [TBA]


RSM411H1
Special Topics in Management [TBA]


RSM412H1
Special Topics in Management [TBA]


RSM413H1
Special Topics in Management [TBA]


RSM414H1
Special Topics in Management [TBA]


RSM415H1
Special Topics in Management [TBA]


RSM416H1
Special Topics in Management [TBA]


RSM417H1
Special Topics in Management [TBA]


RSM418H1
Special Topics in Management [TBA]


RSM419H1
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.


RSM422H1
Management Control (formerly MGT428H1) [26L]

This course considers 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.

Exclusion: MGT428H1
Prerequisite: MGT323H1/RSM322H1


RSM423H1
       Auditing II (formerly MGT421H1) [26L]

The course focuses on the reasoning and evidence theory underlying audit decision making. Coverage includes professional judgment, statistical auditing, framework for assurance engagements, and responsibilities to detect fraud.

Exclusion: MGT421H1
Prerequisite: MGT321H1/RSM323H1


RSM424H1
Canadian Income Taxation II (formerly MGT429H1) [26L, 26T]

This course is designed to give the student an understanding of more complex issues of Canadian income tax law and tax planning. Topics include computation of corporate taxes, integration, corporate reorganizations, business acquisitions and divestitures, partnerships and trusts.

Exclusion: MGT429H1
Prerequisite: MGT423H1/RSM324H1


RSM426H1
Critical Thinking, Analysis and Decision Making (formerly MGT420H1) [26L, 13T]

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.

Exclusion: MGT420H1
Prerequisite: MGT426H1/RSM321H1, MGT323H1/RSM322H1, MGT321H1/RSM323H1, MGT423H1/RSM324H1


RSM427H1
Auditing and Information Systems (formerly MGT422H1) [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.

Exclusion: MGT422H1
Prerequisite: MGT321H1/RSM323H1


RSM428H1
Analysis of Banking Financial Institutions and Instruments (formerly MGT427H1) [26L]

Covers financial analysis of firms in the financial services industries: accounting and disclosure rules for financial instruments. Gives an in-depth understanding of how financial reports provide fairly accurate information about the risks and performance of banks and other financial services firms.

Exclusion: MGT427H1
Prerequisite: MGT337Y1/RSM333H1, MGT426H1/RSM321H1


RSM430H1
       Fixed Income Securities (formerly MGT430H1) [26L]

Describes 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.

Exclusion: MGT430H1
Prerequisite: MGT337Y1/RSM333H1/ACT349H1


RSM432H1
       Risk Management for Financial Managers (formerly MGT432H1) [26L]

This course examines the ways in which risks are quantified and managed by financial institutions. The principal risks considered include market risk, credit risk and operational risk. The course also covers the evolution of bank regulation and the regulatory limits on risk taking.

Exclusion: MGT432H1
Prerequisite: MGT337Y1/RSM333H1


RSM433H1
       Advanced Corporate Finance (formerly MGT431H1) [26L]

Applying fundamental finance ideas developed in RSM332H1, RSM333H1 to real-life problems. The course will focus on business valuation and financial decisions in practical situations, on the assumption that students are already familiar with basic concepts from previous finance courses.

Exclusion: MGT431H1
Prerequisite: ECO204Y1/ECO206Y1, MGT337Y1/RSM333H1/ACT349H1


RSM435H1
       Futures and Options Markets (formerly MGT438H1) [26L]

This course covers the analysis of derivative instruments such as forwards, futures, swaps and options. By the end of the course, students will have good knowledge of how these contracts work, how they are used and how they are priced.

Exclusion: ACT370H1, MGT438H1
Prerequisite: ECO204Y1/ECO206Y1, MGT337Y1/RSM333H1


RSM437H1
International Finance (formerly MGT439H1) [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.

Exclusion: MGT439H1
Prerequisite: ECO204Y1/ECO206Y1, MGT337Y1/RSM333H1/ACT349H1


RSM451H1
Consumer Behaviour (formerly MGT455H1) [26L]

Formulating successful marketing strategies requires an understanding of consumers’ cultures, motivations, cognitions, and emotions. Students will learn how to use theoretical perspectives from psychology, economics, anthropology, and other disciplines to generate predictions about consumers, interpret consumer reactions to marketing stimuli, and develop rigorous skills in marketing analysis.

Exclusion: MGT455H1
Prerequisite: MGT353H1/RSM350H1


RSM452H1
       Marketing Research (formerly MGT453H1) [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.

Exclusion: MGT453H1
Prerequisite: MGT353H1/RSM350H1, ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)


RSM458H1
Branding Strategy (formerly MGT452H1) [26L]

Students will assume the role of senior marketing managers responsible for the design, implementation, and evaluation of branding strategies. Brands represent valuable assets that must be created, sustained, leveraged, and defended. This course will use case analysis and a group project to reinforce successful decision making and communication skills.

Exclusion: MGT452H1
Prerequisite: MGT455H1/453H1/RSM451H1/RSM452H1


RSM460H1
       Human Resource Management (formerly MGT460H1) [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.

Exclusion: MGT460H1
Prerequisite: MGT363H1/RSM360H1/WDW260H1


RSM461H1
       Managerial Negotiations (formerly MGT461H1) [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.

Exclusion: MGT461H1
Prerequisite: MGT363H1/RSM360H1


RSM470H1
Management Science (formerly MGT475H1) [26L]

The course presents quantitative methods of modeling business and other systems in order to objectively evaluate available alternatives and select the ‘best’ one with respect to pre-defined criteria. Topics include: Decision Analysis, Linear Programming, Integer Programming, Network Methods, Simulation and Waiting Line Models.

Exclusion: MGT475H1
Prerequisite: MGT374H1/RSM370H1


RSM480H1
       Business in a Global Economy (formerly MGT480H1) [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.

Exclusion: MGT480H1
Prerequisite: ECO208Y1/ECO209Y1, MGT337Y1/RSM333H1


RSM481H1
       Organization Strategies (formerly MGT481H1) [26L]

Explores the issue of outsourcing, broadly defined: which activities should a firm do “in house” and which should it take outside? Using a combination of cases and economic analysis, it develops a framework for determining the “best” firm organization.

Exclusion: MGT481H1
Prerequisite: MGT337Y1/RSM332H1


RSM482H1
       Market Strategies (formerly MGT482H1) [26L]

Applies game-theoretic reasoning to analyze business strategy problems, focusing specifically on pricing, advertising, product positioning, product introduction, and relationships with upstream and downstream firms.

Exclusion: MGT482H1
Prerequisite: ECO208Y1/ECO209Y1, MGT337Y1/RSM332H1


RSM490H1
       International Business (formerly MGT491H1) [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.

Exclusion: MGT491H1
Prerequisite: MGT337Y1/RSM333H1


RSM493H1
       Entrepreneurship (formerly MGT493H1) [26L]

Introduces essentials of starting a new business: how to evaluate new opportunities, craft strategy, obtain resources, manage growth, and distribute ownership. Applies concepts from strategic management to challenges facing new/small businesses. Examines the role of entrepreneurs in spurring technological innovation and economic growth, and the effect of government policy on entrepreneurial activity.

Exclusion: MGT493H1
Prerequisite: MGT252H1/RSM250H1, MGT337Y1/RSM333H1


RSM494H1
       Technology Strategy (formerly MGT494H1) [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.

Exclusion: MGT494H1
Prerequisite: MGT492H1/RSM392H1


RSM499Y1
Integrated Management Course (formerly MGT499Y1) [52L, 26T]

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.

Exclusion: MGT499H1, 499Y1
Prerequisite: MGT337Y1/RSM333H1, one of: (MGT252H1/RSM250H1)/(MGT262H1/RSM260H1)/(MGT374H1/RSM370H1)