Rotman Commerce
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See also: Faculty Members | Course Descriptions | Course Winter Timetable |

Introduction

The Rotman Commerce Program is jointly offered by the Faculty of Arts & Science and the Rotman School of Management

Rotman Commerce at the University of Toronto offers an innovative curriculum with a global perspective for an enriched professional undergraduate experience. The program explores the role of commerce in modern society while developing skill and confidence in analysis, effective communications and decision making.

The Bachelor of Commerce degree builds on a common foundation of business and liberal arts courses. Rotman Commerce students go on to specialize in one of three programs: Finance and Economics, Management, or Accounting. Each program combines career-oriented courses in management and applied economics with a variety of advanced courses in the Arts & Sciences. The balance assures graduates of a solid understanding of business and modern society along with a command of critical skills in decision-making and organizational leadership.

The Major in Commerce provides students with a foundation in business while allowing them to concentrate in another discipline within Arts & Science.
Rotman Commerce graduates frequently become economists, accountants, actuaries, financial analysts, marketing analysts, managers of firms and government, or proprietors of small businesses. Some Commerce students elect to undertake post-graduate studies in the form of further university education: law schools and MBA programs have been particularly favoured destinations of recent graduates.

Assistant Director, Academic Services: N. Martin-Sperry, 321 Bloor Street West (416-978-3339)

Enquiries: 321 Bloor Street West (The entrance is on St. George Street just south of Bloor.); (416-978-3339)

Bachelor of Commerce (B.Com.) Degree Requirements

This is a four-year Honours program.

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 one of the Specialist programs - Management, Finance and Economics, or Accounting (see below);
(c) For students who began September 2010 or after: complete the new Breadth Requirement for B.Com students (see next page)

OR

For students who began degree studies prior to September 2010: complete the Distribution Requirement for B.Com students (see next page).

(d) 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. No more than one 300+series transfer credit may be counted towards these six. (Students participating in an approved exchange program may count ALL 300+ transfer credits from the exchange towards the required six.)
(e) 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 use the Student Web Service or notify their College Registrar in writing 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 Convocation providing details of the convocation ceremony (late March/mid-October);
3. a letter from the Office of the Faculty Registrar confirming degree eligibility (end of May/late October).

Faculty Breadth Requirement for B.Com. Students

Students beginning degree studies in September 2010 or after are required to complete the following Breadth Requirement as part of their Degree Requirements. (The Distribution Requirement described following this section does not apply to such students.)

Courses in the Faculty of Arts and Science are classified into five Breadth categories by subject content. (Note that some courses are not designated and do not count toward this requirement.). The purpose of the Breadth Requirement is to ensure all students graduating with an Honours degree from the Faculty of Arts & Science have chosen courses across a broad range of subject areas in the Faculty as part of their undergraduate education.

1. Creative and Cultural Representations
2. Thought, Belief, and Behaviour
3. Society and Its Institutions
4. Living Things and Their Environment
5. The Physical and Mathematical Universes

Students must take at least 4 full-course equivalents (FCEs) that have been designated as satisfying the Breadth Requirement. These 4 credits must be either (a) at least 1 FCE in each of any 4 of the 5 categories above, or (b) at least 1 FCE in each of any 3 of the 5 categories, and at least 0.5 FCE in each of the other 2 categories. As part of the degree requirements for the B.Com., STUDENTS MUST COMPLETE at least 1.0 FCE from Category 1 (Creative and Cultural Representations).
Note that there is no Breadth Requirement status for MGT120H1/MGT201H1, COM110H1, RSM100Y1, and tHAT 100-series courses in CSC, MAT, STA; STA250H1, STA255H1, STA257H1, STA352Y1 cannot be used to satisfy the Breadth Requirement.

A course’s Breadth designation can be found following the course description in the Calendar for the year in which the course is taken. (Note: the 2010-2011 printed Calendar contains designations FOR 100-series and 200-series courses only. Designations FOR 300- and 400-series courses FOR 2010-2011 will be available in the Faculty’s web site in Summer 2010.)

Courses marked "BR=None" do not count toward any breadth category.

Courses count toward the Breadth Requirement as they have been classified in the Calendar of the year in which they were taken.

Students may count towards the Breadth Requirement any course which has a Breadth designation, and in which they have achieved standing, whether or not the course is used to satisfy a Subject POSt requirement, and whether or not the course was taken as CR/NCR.

More information on the Breadth Requirement.

Faculty Distribution Requirement for B.Com. Students

Students who began degree studies prior to September 2010 must complete the 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.
2. one full course equivalent must be from the Social Sciences (MGT/RSM courses may be used to meet this requirement with the exception of MGT120H1/MGT201H1, COM110H1, and RSM100Y1 which have NO Distribution Requirement status).
3. one full course equivalent must be from the Sciences, with the following exceptions: ALL 100-series courses in CSC, MAT, STA; STA250H1, STA255H1, STA257H1, STA352Y1.
4. NOTE: transfer students from University of Toronto Mississauga or Scarborough must meet the St. George B.Com. Distribution Requirement.

Rotman Commerce

Notes

  • Enrolment in Rotman Commerce programs is limited. Formal program enrolment takes place before entry into second year. The majority of spaces each year will be reserved for students admitted to First Year Commerce with a guaranteed place in their offer of admission. A limited number of places may be available for other Arts & Science students not admitted to First Year Commerce with the guarantee (see below).
  • First Year Commerce Students Admitted with the Commerce Guarantee: These students will be offered a space in Rotman Commerce programs after their first year, provided they complete the following requirements within one calendar year of their first enrolment in Arts & Science. (For students beginning in September, the requirements must be completed no later than the end of the following Summer session.)
    • (i) accumulate a minimum of four credits with a cumulative grade point average of at least 2.00 (see the “Degree Requirements” section of the Calendar);
    • (ii) attain a minimum grade in the three required courses: ECO100Y1 and RSM100Y1 each with at least 67% and MAT133Y1 or equivalent with at least 50%. Note: students who fail to attain the requisite grade in a required course may repeat the course once; however, the course must be completed successfully within one calendar year, as per the conditions of the Commerce Guarantee. None of these courses may be completed using the CR/NCR option.
  • Part-Time Students: Students holding the Commerce Guarantee, who have applied for and been admitted to Part-Time study, will be assessed for entry into Rotman Commerce programs at the point when they have accumulated 4.0 credits including the required courses (see ii above). To qualify under the Part-Time provision, students must have been enrolled in a part-time course load from the beginning of each session.
  • Other Students: Students not admitted with the Commerce Guarantee may apply to Rotman Commerce at the end of their first year. Applications are normally made in April, as with other POSts. Such students must complete the First Year requirements with the minimum marks specified below, but must also meet a competitive academic standard established each year by the number of places available.
    o Accumulate a minimum of 4.0 credits
    o Complete ECO100Y1 and RSM100Y1 each with at least 67% and MAT133Y1 or equivalent with at least 50%.
    o Obtain a CGPA to be determined each year on a competitive basis (CGPA based on all courses taken for credit in the Faculty of Arts & Science)
    o Complete the Rotman Commerce On-line Applicant Profile and pay applicant profile fee
    o Admission will be based on marks, CGPA, and applicant profile
  • Tuition Fees: Students enrolling in the Rotman Commerce programs pay fees that are higher than for other Arts & Science programs, and are assessed on a program-fee basis rather than a per-course basis. Note: being admitted to Rotman Commerce at a point later than the beginning of second year will result in retroactive Commerce program fees being charged for the period between the beginning of second year and the point of admission.
  • Mathematics Note: MAT133Y1/(MAT123H1, MAT124H1) are courses that satisfy the minimum Program requirements. Students who are likely to enrol in 200+ series MAT or CSC courses are advised to take MAT137Y1 instead, noting that MAT137Y1 is a theoretically-oriented course for mathematically-based disciplines such as Mathematics, Computer Science, and Actuarial Science.
  • Maximum Course Load: Rotman Commerce students are limited to a maximum of 6.0 credits in any Fall/Winter session of their program.

Accounting (B.Com)

Specialist program:

(15 full courses or their equivalent out of 20 courses, for a B.Com.)

First Year:
1. ECO100Y1, RSM100Y1
2. MAT133Y1/(MAT123H1, MAT124H1)/MAT135Y1/MAT137Y1/MAT157Y1
3. Students are encouraged to take one course towards the Distribution Requirement (above) in First Year
Second Year:
4. ECO204Y1/ECO206Y1; ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
5. RSM220H1, RSM221H1, RSM222H1, RSM225H1
6. 1.0 from: RSM230H1, RSM250H1, RSM260H1
Third Year:
7. RSM320H1, RSM321H1, RSM322H1, RSM323H1, RSM324H1, RSM332H1, RSM333H1
8. Any 1.0 300+ ECO except ECO301Y1, ECO302H1, ECO303Y1, ECO307H1, ECO308H1, ECO309H1, ECO321Y1, ECO342Y1, ECO353Y1, ECO354H1, ECO355H1, ECO423H1, ECO429Y1, ECO435H1, ECO457Y1
Fourth Year:
9. RSM422H1, RSM423H1, RSM424H1, RSM426H1, RSM427H1
Note: Students must take a minimum of 10.0 RSM and 10.0 non-RSM courses (See B. Com. degree requirements above).
ECO209Y1 and374H1 are strongly recommended.

Finance and Economics (B.Com.)

Specialist program:

(14 full courses or their equivalent out of 20 courses, for a B.Com.)

First Year:
1. ECO100Y1, RSM100Y1
2. MAT133Y1/(MAT123H1, MAT124H1)/MAT135Y1/MAT137Y1/MAT157Y1
3. Students are encouraged to take one course towards the Distribution Requirement (above) in First Year
Second Year:
4. ECO204Y1/ECO206Y1; ECO208Y1/ECO209Y1; ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
5. RSM220H1, RSM221H1, RSM222H1, RSM230H1
6. 0.5 from: RSM225H1, RSM250H1, RSM260H1, RSM324H1
Note: Students are not required to complete all 5.5 credits in Second Year; most students will elect to fulfill some portion of these requirements in Third Year.
Third Year:
7. RSM330H1, RSM332H1, RSM333H1,
8. 2.5 300+ ECO of which no more than 1.0 can be from ECO301Y1, ECO302H1, ECO303Y1, ECO307H1, ECO308H1, ECO309H1, ECO321Y1, ECO342Y1, ECO353Y1, ECO354H1, ECO355H1, ECO423H1, ECO429Y1, ECO435H1, ECO457Y1
Fourth Year:
9. RSM433H1, RSM435H1
10. 0.5 from: RSM437H1, RSM480H1, RSM490H1

Note: Students must take a minimum of 10.0 RSM and 10.0 non-RSM courses (See B. Com. degree requirements above).
ECO374H1 is strongly recommended.

Management (B. Com.)

Specialist program:

(12 full courses or their equivalent out of 20 courses, for a B.Com.)

First Year:
1. ECO100Y1, RSM100Y1
2. MAT133Y1/(MAT123H1, MAT124H1)/MAT135Y1/MAT137Y1/MAT157Y1
3. Students are encouraged to take one course towards the Distribution Requirement (above) in First Year
Second Year:
4. ECO204Y1/ECO206Y1; ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
5. RSM220H1, RSM222H1, RSM250H1, RSM260H1
Third Year:
6. RSM270H1, RSM332H1, RSM333H1, RSM392H1
7. Any 1.0 300+ ECO except ECO301Y1, ECO302H1, ECO303Y1, ECO307H1, ECO308H1, ECO309H1, ECO321Y1, ECO342Y1, ECO353Y1, ECO354H1, ECO355H1, ECO423H1, ECO429Y1, ECO435H1, ECO457Y1
Fourth Year:
8. 1.0 from: ECO364H1, ECO365H1, ECO419H1, RSM437H1, RSM480H1, RSM490H1 (excluding any courses that have already been used to satisfy requirement 7, as outlined above)
9. 1.0 400-level RSM, in addition to any courses taken in # 8 above.
Note: Students must take a minimum of 10.0 RSM and 10.0 non-RSM courses (See B. Com. degree requirements above).
ECO209Y1 and374H1 are strongly recommended.

Rotman Commerce (Arts program)

Students taking this program follow the degree requirements for the Honours Bachelor of Arts (see page 23).

Major program:

(7.5 full courses or their equivalent)

First Year:
1. RSM100Y1, ECO100Y1, MAT133Y1/(MAT123H1, MAT124H1)/MAT135Y1/MAT137Y1/MAT139Y1/MAT157Y1
Higher Years:
1. ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
2. RSM220H1 - Financial Accounting I
RSM222H1 - Management Accounting I
RSM250H1 - Marketing
RSM332H1 - Capital Market Theory
RSM333H1 - Introduction to Corporate Finance
3. 1.0 courses from:
RSM225H1 - Legal Environment of Business I
RSM260H1 - Organizational Behaviour
RSM270H1 - Operations Management
RSM327H1 - Business Information Systems
RSM330H1 - Investments
or any 400-level RSM course