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Rotman Commerce

Faculty


Professor and Director, Rotman Commerce
K. Corts, BA, Ph D

Professors
T.L. Amburgey, BS, MA, Ph D
J.H. Amernic, B Sc, MBA, FCA
O. Berman, BA, Ph D
L. Booth, MA, MBA, DBA
D.J.S. Brean, MBA, M Sc, Ph D
J. Callen, BA, MBA, Ph D
I. Horstmann, BA, Ph D
R. Kan, MBA Ph D
T. McCurdy, MA, Ph D
G. Richardson, BA, MBA, Ph D
W. Smieliauskas, MS, Ph
D D. Soman, BE, MBA, Ph D
A. Verma, B Tech, MBA, Ph D
A. White, B Eng, MBA, Ph D

Associate Professors
O. Baron, B Sc, MBA, Ph D
C. Doidge, B Com MSC, Ph D
A. Goldfarb, BAH, MA, Ph D
S. Hawkins, BA, MS, Ph D
M. Rotundo, BA, MIR, Ph D
M. Shi, BS, MBA, Ph D
K. Wang, MA, Ph D
P. Zhang, B Sc, MA, M Acc, Ph D

Assistant Professors
R. Borkowsky, MA, B Sc, Ph D
S. Buti, MA, Ph D
M. Christianson, MD, Ph D
S. Davydenko, M.SC, MA, Ph D
K. A. DeCelles, BS, Ph D
S. DeVoe, BA, Ph D
A. Fleischer, BA, MBA, Ph D
M. Grennan, BSc, MA, Ph D
L. Han, BA, MA, Ph D
S. Liao, Ph D
C. Liu, BA, Ph D, DBA
H. Lu, BE, MS, MBA, Ph D
N. Mazar, MBA, Ph D
L. Pomorski, BA, MA, Ph D
M. Simutin, BA, Ph D
C. Tsai, MBA, Ph D
B. Xin, Ph D
L. Yang, Ph D
M. Zhao, Ph D
C. Zhong, BA, MA, Ph D

Adjunct Professor
D. Dunne, B.Comm, Ph D

Senior Lecturers
J. Kitunen, BBM, FCA
D.L. Losell, MBA, CA
J. Oesch, B Sc, M Ed, MBA, M Sc, Ph D
E. Zuliani, B Com, CA

Lecturers
F. Farooqi, BBA, MBA
L. Harvey, BBA, MAcc, CA
M. Stapleton, B Sc, M Sc, MBA, CFA
D. Stojanovic, B.Comm, CA


Rotman Commerce

Rotman Commerce at the University of Toronto offers an innovative curriculum combining studies in management, economics, and the liberal arts 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:Accounting, Finance and Economics or Management.  Each program combines courses in management and applied economics with a variety of advanced courses in the liberal arts and 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.

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.

Rotman Commerce
125 St. George Street

General Enquiries: Rotman Commerce Student Academic Services; email: rotmancommerce.info@utoronto.ca; telephone: 416.978.3339; www.rotmancommerce.utoronto.ca

Associate Director, Academic Program Services: Karen McLeister; email: karen.mcleister@utoronto.ca; telephone: 416.978.3339

Faculty from the Rotman School of Management who teach in Rotman Commerce are listed below.


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 – Accounting, Finance and Economics or Management, (see below);
    (c) For students who began September 2010 or after: complete the Breadth Requirement for B.Com students (see below)

    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 or CR) 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 (mid-April/late August) from the program sponsor;
  2. an email 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. Courses in the Faculty of Arts & 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. To satisfy the requirements for the Bachelor of Commerce, Rotman Commerce students must a) complete at least 1.0 FCE from Category 1 (Creative and Cultural Representations) AND b) complete at least 1 FCE in each of any 4 of the 5 categories above, OR, 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.

Note that there is no Breadth Requirement status for 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.

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.

Students who transfer from the University of Toronto Mississauga or Scarborough must meet the Rotman Commerce B.Com Breadth Requirements.

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 1 full-course equivalent (FCE) in EACH OF the HUMANITIES, the SOCIAL SCIENCES and the SCIENCES AREAS as defined below:

1. one FCE must be from the Humanities.
2. one FCE 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 FCE 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

Rotman Commerce Programs


Rotman Commerce Programs

Accounting Specialist (B.Com)

(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 at least one course towards the Breadth Requirement in First Year
Second Year:
4.   ECO204Y1/ECO206Y1; ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
5.    RSM219H1, RSM220H1, RSM221H1, RSM222H1, RSM225H1
6.    0.5 from: RSM230H1, RSM250H1, RSM260H1, RSM270H1, RSM392H1.
Third Year:
7.    RSM320H1, RSM321H1, RSM322H1, RSM323H1, RSM324H1, RSM332H1, RSM333H1
8.    Any 1.0 300+ ECO
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 and ECO374H1 are strongly recommended.

Finance and Economics Specialist (B.Com.)

(13.5 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 at least one course towards the Breadth Requirement in First Year
Second Year:
4.    ECO204Y1/ECO206Y1; ECO208Y1/ECO209Y1; ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
5.    RSM219H1, RSM222H1, RSM230H1
6.    0.5 from: RSM250H1, RSM260H1, RSM270H1, RSM392H1
Third Year:
7.     RSM330H1, RSM332H1, RSM333H1
8.     2.5 300+ ECO
Fourth Year:
9.     NEW1.0 from RSM430H1, RSM432H1, RSM433H1, RSM434H1, RSM435H1, RSM437H1
10.   0.5 from: RSM437H1 (NEWnote: RSM437H1 may be counted towards requirement 9 OR 10 – not both), 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 Specialist (B. Com.)

(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 at least one course towards the Breadth Requirement in First Year
Second Year:
4.    ECO204Y1/ECO206Y1; ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
5.    RSM219H1, RSM222H1, RSM250H1, RSM260H1, RSM270H1
Third Year:
6.    RSM332H1, RSM333H1, RSM392H1
7.    Any 1.0 300+ ECO
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 requirement 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 and ECO374H1 are strongly recommended.

Rotman Commerce Courses


Rotman Commerce Courses
MGT201H1    Introduction to Financial Accounting (formerly MGT120H1)[24L]

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 Rotman Commerce students.

Exclusion: MGT120H1
Distribution Requirement Status: This is a None course
Breadth Requirement: None

RSM100Y1    Introduction to Management[48L/24T]

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 enroll in this course.

Corequisite: ECO100Y1, MAT133Y1
Exclusion: COM110H1
Distribution Requirement Status: This is a None course
Breadth Requirement: None

RSM219H1    Introduction to Financial Accounting[24L/24T]

Basic introduction to financial reporting and analysis. 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. Coverage includes the use of accounting information to prepare a basic set of financial statements

Prerequisite: RSM100Y1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM220H1    Financial Accounting (formerly MGT220H1)[24L/24T]

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

NEWPrerequisite: MGT120H1/MGT201H1/RSM100Y1, RSM219H1
Exclusion: MGT220H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM221H1    Intermediate Financial Accounting I (formerly MGT224H1)[24L/12T]

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

Prerequisite: MGT220H1/RSM220H1
Exclusion: MGT224H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM222H1    Management Accounting I (formerly MGT223H1)[24L/24T]

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.

NEWPrerequisite for students enrolled in Employment Relations or Human Resource Management: MGT201H1
NEWPrerequisite for students enrolled in Rotman Commerce: RSM219H1
NEWCo-requisite for students enrolled in Rotman Commerce: RSM220H1
Exclusion: MGT223H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM225H1    Legal Environment of Business I (formerly MGT393H1)[24L]

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.

Prerequisite: COM110H1/RSM100Y1
Exclusion: MGT393H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM230H1    Financial Markets[24L]

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.

Prerequisite: COM110H1/RSM100Y1
Exclusion: ACT349H1, ECO358H1, ECO359H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM250H1    Principles of Marketing (formerly MGT252H1)[24L]

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.

Prerequisite: COM110H1/RSM100Y1
Exclusion: MGT252H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Thought, Belief and Behaviour (2)

RSM251H1    Marketing Management (formerly MGT353H1/RSM350H1)[24L]

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.

Prerequisite: MGT252H1/RSM250H1
Exclusion: MGT353H1/RSM350H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Thought, Belief and Behaviour (2)

RSM260H1    Organizational Behaviour (formerly MGT262H1)[24L]

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.

Prerequisite: COM110H1/RSM100Y1
Exclusion: MGT262H1, PSY332H1, WDW260H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Thought, Belief and Behaviour (2)

RSM270H1    Operations Management (formerly MGT374H1/RSM370H1)[24L]

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.

Prerequisite: COM110H1/RSM100Y1
Exclusion: MGT374H1/RSM370H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM295Y0    Special Topics[24L]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM296Y0    Special Topics[24L]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM310H1    Special Topics in Management[TBA]

NEWTopics and Issues in Management. Content in any given year will depend on the instructor. Consult the Rotman Commerce Portal  for course description and prerequisites. Enrolment is restricted to 3rd and 4th year Rotman Commerce students.

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM311H1    Special Topics in Management[TBA]

NEWTopics and Issues in Management. Content in any given year will depend on the instructor. Consult the Rotman Commerce Portal  for course description and prerequisites. Enrolment is restricted to 3rd and 4th year Rotman Commerce students.

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM312H1    Special Topics in Management[TBA]

NEWTopics and Issues in Management. Content in any given year will depend on the instructor. Consult the Rotman Commerce Portal  for course description and prerequisites. Enrolment is restricted to 3rd and 4th year Rotman Commerce students.

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM313H1    Special Topics in Management[TBA]

NEWTopics and Issues in Management. Content in any given year will depend on the instructor. Consult the Rotman Commerce Portal  for course description and prerequisites. Enrolment is restricted to 3rd and 4th year Rotman Commerce students.

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM314H1    Special Topics in Management[TBA]

NEWTopics and Issues in Management. Content in any given year will depend on the instructor. Consult the Rotman Commerce Portal  for course description and prerequisites. Enrolment is restricted to 3rd and 4th year Rotman Commerce students.

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM315H1    Special Topics in Management[TBA]

NEWTopics and Issues in Management. Content in any given year will depend on the instructor. Consult the Rotman Commerce Portal  for course description and prerequisites. Enrolment is restricted to 3rd and 4th year Rotman Commerce students.

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM316H1    Special Topics in Management[TBA]

NEWTopics and Issues in Management. Content in any given year will depend on the instructor. Consult the Rotman Commerce Portal  for course description and prerequisites. Enrolment is restricted to 3rd and 4th year Rotman Commerce students.

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM317H1    Special Topics in Management[TBA]

NEWTopics and Issues in Management. Content in any given year will depend on the instructor. Consult the Rotman Commerce Portal  for course description and prerequisites. Enrolment is restricted to 3rd and 4th year Rotman Commerce students.

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM318H1    Special Topics in Management[TBA]

NEWTopics and Issues in Management. Content in any given year will depend on the instructor. Consult the Rotman Commerce Portal  for course description and prerequisites. Enrolment is restricted to 3rd and 4th year Rotman Commerce students.

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM319H1    Special Topics in Management[TBA]

NEWTopics and Issues in Management. Content in any given year will depend on the instructor. Consult the Rotman Commerce Portal  for course description and prerequisites. Enrolment is restricted to 3rd and 4th year Rotman Commerce students.

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM320H1    Intermediate Financial Accounting II (formerly MGT322H1)[24L]

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.

Prerequisite: MGT224H1/RSM221H1
Exclusion: MGT322H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM321H1    Advanced Financial Accounting Topics (formerly MGT426H1)[24L/12T]

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

Prerequisite: MGT322H1/RSM320H1
Exclusion: MGT426H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM322H1    Managerial Accounting and Decision Making (formerly MGT323H1)[24L]

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

Prerequisite: MGT223H1/RSM222H1
Exclusion: MGT323H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM323H1    Auditing I (formerly MGT321H1)[24L/12T]

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.

Prerequisite: MGT224H1/RSM221H1, MGT393H1/RSM225H1
Exclusion: MGT321H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM324H1    Canadian Income Taxation I (formerly MGT423H1)[24L/12T]

This course gives a basic understanding of the Income Tax Act and its administration. This is achieved by applying the law to practical problems and cases. Topics covered include administration of the tax system, residence, employment income, business and property income, capital gains, other income and deductions, computation of taxable income and taxes payable for individuals.

Prerequisite: MGT220H1/RSM220H1
Exclusion: MGT423H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM325H1    Legal Environment of Business II (formerly MGT394H1)[24L]

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.

Prerequisite: MGT393H1/RSM225H1
Exclusion: MGT394H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM327H1    Business Information Systems (formerly MGT371H1)[24L/12T]

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
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM328H1    Financial Distress and Insolvency[24L]

This course explores the reasons for financial distress and introduces options for managers, creditors, lenders, and directors of firms in financial distress. The use of financial ratios to predict solvency problems is covered as well as strategies both for restructuring companies having financial difficulties and for negotiation with creditors.

Prerequisite: MGT220H1/RSM220H1, MGT223H1/RSM222H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM330H1    Investments (formerly MGT330H1)[24L]

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.

Prerequisite: RSM230H1
Corequisite: ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
Exclusion: ACT349H1, MGT330H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM332H1    Capital Market Theory[24L]

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.

Corequisite: ECO204Y1/ECO206Y1, ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
NEWExclusion: ACT349H1, ECO358H1, MGT337Y1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM333H1    Introduction to Corporate Finance[24L]

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.

NEWPrerequisite: RSM219H1 or MGT220H1/RSM220H1, RSM332H1
NEWExclusion: ACT349H1, ECO359H1, MGT337Y1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM352H1    Marketing Research (formerly MGT453H1/RSM452H1)[24L]

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/RSM350H1/RSM251H1, ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
Exclusion: MGT453H1/RSM452H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM353H1    Consumer Behaviour (formerly MGT455H1/RSM451H1)[24L]

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.

Prerequisite: MGT353H1/RSM350H1/RSM251H1
Exclusion: MGT455H1/RSM451H
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Thought, Belief and Behaviour (2)

RSM360H1    Organization Theory and Design (formerly MGT363H1)[24L]

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.

Prerequisite: MGT262H1/RSM260H1
Exclusion: MGT363H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM380H1    Real Estate Finance and Investment[24L]

Real estate assets account for about one-third of the value of all capital assets in the world. This course provides an understanding of real estate investment, valuation and liabilities along with the public policy associated with home ownership, using modern finance and economic tools.

Prerequisite: ECO204Y1/ECO206Y1, ECO220Y1/ECO227Y1, RSM332H1
Corequisite: RSM333H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM392H1    Strategic Management (formerly MGT492H1)[24L]

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?

NEWCorequisite: RSM219H1 or MGT220H1/RSM220H1
Exclusion: MGT492H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

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)

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM401H1    Independent Study Course[TBA]

Open when a faculty member is willing and able to supervise. Students must obtain the approval of the Director of Rotman Commerce and the supervising faculty member before enrolling. Enrolment is restricted to fourth-year St. George Rotman Commerce students. Consult the Rotman Commerce Office for details.

Prerequisite: Cumulative GPA of at least 2.70
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

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 Rotman Commerce and the supervising faculty member before enrolling. Enrolment is restricted to fourth-year St. George Rotman Commerce students. Consult the Rotman Commerce Office for details.

Prerequisite: Cumulative GPA of at least 2.70
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM403Y1    Independent Study Course[TBA]

Open when a faculty member is willing and able to supervise. Students must obtain the approval of the Director of Rotman Commerce and the supervising faculty member before enrolling. Enrolment is restricted to 4th year St. George Rotman Commerce students. Consult the Rotman Commerce Office for details.

Prerequisite: Cumulative GPA of at least 2.70
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

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 Rotman Commerce and the supervising faculty member before enrolling. Enrolment is restricted to 4th year St. George Rotman Commerce students. Consult the Rotman Commerce Office for details.

Prerequisite: Cumulative GPA of at least 2.70
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM410H1    Special Topics in Management[TBA]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM411H1    Special Topics in Management[TBA]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM412H1    Special Topics in Management[TBA]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM413H1    Special Topics in Management[TBA]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM414H1    Special Topics in Management[TBA]

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

Prerequisite: RSM250H1
Corequisite: RSM251H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM415H1    Special Topics in Management[TBA]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM416H1    Special Topics in Management[TBA]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM417H1    Special Topics in Management[TBA]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM418H1    Special Topics in Management[TBA]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM419H1    Special Topics in Management[TBA]

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

Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM422H1    Management Control (formerly MGT428H1)[24L/12T]

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.

Prerequisite: MGT323H1/RSM322H1
Exclusion: MGT428H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM423H1    Auditing II (formerly MGT421H1)[24L]

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.

Prerequisite: MGT321H1/RSM323H1
Exclusion: MGT421H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM424H1    Canadian Income Taxation II (formerly MGT429H1)[24L/12T]

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.

Prerequisite: MGT423H1/RSM324H1
Exclusion: MGT429H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM426H1    Critical Thinking, Analysis and Decision Making (formerly MGT420H1)[24L/12T]

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: MGT426H1/RSM321H1, MGT323H1/RSM322H1, MGT321H1/RSM323H1, MGT423H1/RSM324H1
Exclusion: MGT420H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: None

RSM427H1    Auditing and Information Systems (formerly MGT422H1)[24L/12T]

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/RSM323H1
Exclusion: MGT422H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM428H1    Analysis of Banking Financial Institutions and Instruments (formerly MGT427H1)[24L]

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.

Prerequisite: MGT337Y1/RSM333H1, MGT322H1/RSM320H1
Exclusion: MGT427H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM430H1    Fixed Income Securities (formerly MGT430H1)[24L]

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.

Prerequisite: RSM332H1
Exclusion: MGT430H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM432H1    Risk Management for Financial Managers (formerly MGT432H1)[24L]

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.

Prerequisite: MGT337Y1/RSM333H1
Exclusion: MGT432H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM433H1    Advanced Corporate Finance (formerly MGT431H1)[24L]

Applying fundamental finance ideas developed in RSM332H1RSM333H1 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.

Prerequisite: MGT337Y1/RSM333H1
Exclusion: MGT431H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM434H1    Financial Trading Strategies (formerly offered as RSM412H Financial Trading Strategies) [24L]

This course will use finance theory applied with Excel applications to understand potential returns and risks inherent in particular investment/trading strategies. Learning-by-doing will be facilitated by simulation-based Rotman Interactive Trader cases focused on particular risks. This training will be analogous to using a flight simulator for learning to fly.

Prerequisite: RSM332H1
Exclusion: RSM412H1 Financial Trading Strategies
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM435H1    Futures and Options Markets (formerly MGT438H1)[24L]

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.

Prerequisite: ECO204Y1/ECO206Y1, RSM332H1
Exclusion: ACT370H1, MGT438H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM437H1    International Finance (formerly MGT439H1)[24L]

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/RSM333H1
Exclusion: MGT439H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM450H1    Judgment and Decision-Making: Psychology and Markets (formerly offered as RSM418H Integrative Thinking: Psychology and Markets)[24L]

What motivates consumers, investors, employees, and managers? In this highly interdisciplinary course, we will examine topics such as the role of emotions in decision-making, “irrational” patterns of how people think about products, money, or investments, and how expectations shape perceptions.

Prerequisite: RSM100Y1; enrollment restricted to third- and fourth-year students
NEWExclusion: RSM418H1 Integrative Thinking: Psychology and Markets
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Thought, Belief and Behaviour (2)

RSM455H1    Pricing (formerly RSM351H)[24L]

Approaches pricing decision as an intersection of economics and psychology. Using product categories as diverse as financial services, healthcare, industrial products and consumer packaged goods, students study dynamic pricing, value pricing, price customization, price bundling and multi-part tariffs, menu costs and price stickiness, sales promotions, and pricing in two-sided markets.

Prerequisite: RSM250H1/MGT252H
Exclusion: RSM351H
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM458H1    Branding Strategy (formerly MGT452H1)[24L]

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.

Prerequisite: MGT353H1/RSM350H1/RSM251H1
Exclusion: MGT452H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM460H1    Human Resource Management (formerly MGT460H1)[24L]

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/RSM260H1/MGT363H1/RSM360H1/WDW260H1
Exclusion: MGT460H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM461H1    Managerial Negotiations (formerly MGT461H1)[24L]

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/RMS260H1/MGT363H1/RSM360H1
Exclusion: MGT461H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM462H1    Managing People in the Context of Globalization (formerly offered as RSM410H Managing Human Resources in Context of Globalization)[24L]

This course introduces students to the impact of globalization on managing human resources. Understanding how human resource management processes work in the international context is essential for business success. This course helps students to develop a better understanding of how human resources create a competitive advantage in the international context.

Prerequisite: RSM260H1
Exclusion: RSM410H1 Managing Human Resources in Context of Globalization
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM470H1    Management Science (formerly MGT475H1)[24L]

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.

Prerequisite: MAT133Y1, ECO 220/227Y/(STA250H1,STA255H1)/(STA257H1,STA261H1)
Exclusion: MGT475H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: The Physical and Mathematical Universes (5)

RSM480H1    Business in a Global Economy (formerly MGT480H1)[24L]

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: ECO208Y1/ECO209Y1, MGT337Y1/RSM333H1
Exclusion: MGT480H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM481H1    Organization Strategies (formerly MGT481H1)[24L]

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” organizational structure.

Prerequisite: ECO204Y1/ECO206Y1, ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1)
Exclusion: MGT481H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM482H1    Game Theory for Business Strategy (formerly MGT482H1  Market Strategies) [24L]

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.

Prerequisite: ECO204Y1/ECO206Y1
Exclusion: MGT482H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM483H1    Real Estate Markets[24L]

This course uses economic methods to analyze real estate markets. Topics covered include the determinants of real estate values, the location decisions of households and firms, land use, urban growth and agglomeration, behavioural real estate economics and real options.

Prerequisite: ECO204Y1/ECO206Y1, ECO220Y1/ECO227Y1/(STA250H1, STA255H1)/(STA257H1, STA261H1), RSM332H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM490H1    International Business (formerly MGT491H1)[24L]

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: MGT492H1/RSM392H1
Exclusion: MGT491H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM491H1    Globalization and Capital Markets: Political Economy and Investment Strategy (formerly offered as RSM413H Globalization and Capital Markets: Political Economy and Investment Strategy)[24L]

This course exposes students to the intersection of global political economy and investment strategies, with particular emphasis on current global economic trends. The last 15 years have seen a dramatic expansion in the geographic scope for private equity investments, and in the risk involved in such investments. RSM491H1 will teach students to think through the issues facing executives, investors and policy makers considering investments.

Prerequisite: RSM332H1
Exclusion: RSM413H1 Globalization and Capital Markets: Political Economy and Investment Strategy
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM492H1    Cooperative Strategy (formerly offered as RSM419H Cooperative Strategy)[24L]

This course is intended to improve your ability to determine whether, how and with whom to execute cooperative strategies. The last 25 years have seen an explosion in strategic alliances; yet managers often report being disappointed with the results of their alliances. This course will teach students how to think through the issues facing managers considering or implementing cooperative ventures.

Prerequisite: RSM392H1
Exclusion: RSM419H1 Cooperative Strategy
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM493H1    Entrepreneurship (formerly MGT493H1)[24L]

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.

Prerequisite: MGT492H1/RSM392H1
Exclusion: MGT493H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM494H1    Technology Strategy (formerly MGT494H1)[24L]

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: MGT492H1/RSM392H1
Exclusion: MGT494H1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)

RSM499Y1    Integrated Management Challenge (formerly MGT499Y1)[48L/24T]

Students act as the senior officers of a fictitious public company in this experiential business simulation. Combining computer simulation with live interactions, student teams guide their company to success, report to boards of directors composed of outside business executives, negotiate collective agreements with real union negotiators, and much more.

Prerequisite: MGT337Y1/RSM333H1, one of: (MGT252H1/RSM250H1)/(MGT262H1/RSM260H1)/(MGT374H1/RSM370H1)
Exclusion: MGT499H1, MGT499Y1
Distribution Requirement Status: This is a Social Science course
Breadth Requirement: Society and its Institutions (3)