Accounting and Finance

O.S.S.D. with six Grade 12 U/M courses including Grade 12 U courses in: English, Advanced Functions (MHF4U) and Calculus and Vectors (MCV4U).

Notes:

1. ENG4U/EAE4U is the preferred English.
   
2. The grade(s) required in the subject prerequisites (normally 75 percent or higher) will be determined subject to competition.
   
3. Subject to competition, candidates will be required to present averages/grades above the minimum.  

Located in the heart of Canada’s Financial District, the School of Accounting and Finance (SAF) welcomed over 300 new students in the Fall of 2013. The Ted Rogers School of Management has always provided top-notch accounting and finance course offerings to their students, and the School of Accounting and Finance continues to hold itself to a standard of excellence.

Accounting and Finance classes have long been an important part of the Ted Rogers School of Management. With the creation of a separate school, we are better able to hone and perfect the skills required of accounting and finance professionals in today’s ever-changing business world.

We are excited to be the only separate School of Accounting and Finance in the heart of Canada’s Financial Sector, and can’t wait to see the great things our graduates will do in the future. Together, we will continue to make sure that the accounting and finance graduates from the Ted Rogers School of Management are second to none.

All first year students in the School of Accounting and Finance will be automatically enrolled in CAF 199 Communication Skills and will write a Writing Skills Test (WST). These tests are administered during the second week of classes in the Fall term.

CAF 199 Communication Skills is graded on a Pass/Fail basis.

Students who pass the WST will receive a PASS in CAF 199 and may enrol in the Lower Level liberal studies course of their choice (subject to availability).

Students who do not pass the WST will receive an INP (In-Progress Grade) in CAF 199 and will be required to enrol in one of LNG 111, LNG 112, LNG 113, or LNG 121 as their first-year Lower Level liberal studies course. LNG courses are designed to help students improve their English skills. These students will then have three additional opportunities to write and pass the WST:

• In May, following Semester 2
  
• During the second week of classes in Semester 3
  
• In May, following Semester 4
  

A PASS in CAF 199 Communication Skills is required to enrol in all third-year AFA and AFF courses in the School of Accounting and Finance.

For further information contact the School of Accounting and Finance.  

At the School of Accounting and Finance we put a premium on getting you a job after graduation. We foster relationships with the major accounting and finance firms and regulatory bodies to ensure that there will be networking events, in-class workshops, and employment opportunities available for you.

With a BComm in Accounting you can obtain the necessary credits to start your career path toward the Chartered Professional Accountants (CPA) designation. With this designation you could pursue a career as an auditor, chief financial officer or controller.

With a BComm in Finance, some career options available to you are: Securities Trader, Portfolio Analyst, Financial Analyst, or Personal Financial Planner.  

In their first two years, accounting and finance students take general courses in each specialization before choosing their academic destination. Students choosing to specialize in accounting will take courses toward a professional accounting career. Students choosing to specialize in finance will be prepared for a career in the financial industry. Finance is becoming increasingly complex with advances in information exchange and the continued growth of the mutual funds industry. The graduates of the School of Accounting and Finance will be able to stand up to the challenge.

Students must take three lower level liberal studies courses and three upper level liberal studies courses to graduate. Students must not choose courses that are restricted for their program or major.

Please refer to the liberal studies section of the calendar for more information on the Liberal Studies Policy. Further information on liberal studies can also be found at the Faculty of Arts/Liberal Studies website (opens in new window) .

Table A Restrictions

Table B Restrictions

Students may pursue any Minor offered by Ryerson (with some exceptions). Please refer to the Minors section of this calendar for further information on individual Minor requirements and exclusions.

Undergraduate students wishing to pursue a continuing education certificate program should be aware of possible program exclusions. Please refer to the Certificate Registration section (opens in new window)  of the Curriculum Advising website for complete details. 

The School of Accounting & Finance offers an optional co-op program which provides graduates with 16 months of work experience integrated into their academic program.

Students wishing to be considered for this program must apply for admission into the co-op option during the third semester of the program. Admission to the co-op program is based on the following four items:

1. Minimum CGPA of 3.33 (or higher) and a Clear Standing. Subject to competition, candidates may be required to present a CGPA above the minimum.
   
2. All first year courses must be successfully completed (including AFA 100, AFA 200, QMS 130 and AFF 210)
   
3. Resume, Cover Letter and Application must be completed and submitted by the deadline date.
   
4. Interview with the Faculty Advisor.

Students commence work terms upon completion of second year of the program and the co-op program extends the Accounting & Finance program to five years from four. The School of Accounting & Finance cannot guarantee work term jobs, but the Office of Co-operative Education and the School will prospect for employers and make every effort to locate suitable positions, as well as be available to advise students on their search for program-related jobs. The co-op program enables students to earn prevailing wages for the level of responsibility and contribution of the jobs they perform and thus finance at least part of their university education.

The sequencing of academic and work terms is shown below:

Please be advised that this schedule may be subject to revisions.

Work terms are graded on a pass/fail basis. Each work term is assessed by the Co-op Faculty Advisor on the basis of the student's comprehensive written report and the employer's evaluation of the student's performance on the job.

Students are expected to follow the sequence prescribed for their program. Deviation from the sequence requires the submission of a formal request to the Co-op Faculty Advisor and approval from the School. With permission from the School/Department, students may be allowed to graduate with the co-op endorsement with fewer than the prescribed work terms.

In addition to the general criteria used to determine Academic Standing, students in this program must also meet the following conditions: 

All students enrolled in The School of Accounting and Finance must maintain a cumulative grade point average (CGPA) of 1.67 or above and also must achieve a satisfactory grade ('C+' or higher) in each the following courses:

As a condition of their Probationary standing, students will be required to repeat and successfully complete the affected courses with a satisfactory grade or 'C+' or higher in order to remain in the program.

Students with a cumulative grade point average (CGPA) less than 1.67 will be assigned a Probationary or Required To Withdraw (RTW) standing. See Academic Standings for information about the process and consequences. 

A Program Advisory Council (PAC) is a group of volunteers that provides expert advice to a school or department on program related matters such as curriculum, program review, technology and trends in the industry, discipline or profession. For more information, see  (PDF file) Senate Policy #158 (Program Advisory Councils).

Serge Gattesco (Chair)
Managing Partner, Cities, Clients and Operations
PwC

Richard Anton
SVP & Chief Operations Officer
CIBC Mellon

James P. Bowland
Vice Chairman
Alexander Capital Group

David Conway
Partner, Vice President and Chief Operating Officer
Front Street Capital

Eric Demirian, SBM ‘83
President and Chief Executive Officer and Director
Parklea Capital

Lorne Goldstein
President
Binbrook Holdings Limited

Brian Hunt
Chief Executive Officer
Canadian Public Accountability Board

Allison King, SBM ‘12
Associate, Audit, Financial Services
KPMG Canada

Alex Lelievre, SBM ‘09
Senior Manager, Finance, Retail Distribution,
TD Bank Group

Massimo Marinelli
Managing Partner, GTA and Southwestern Ontario Assurance
EY

Wayne McFarlane
Executive in Residence
Ted Rogers School of Management

Stuart Morrow
Portfolio Manager for U.S. Equities
RBC Global Asset Management

Mary Parniak, SBM ‘82
Chief Financial Officer
Longo's Brothers Fruit Markets Inc.

Anil Passi
Managing Director, Consumer, Communications and Real Estate
DBRS

Heather Strati, SBM ‘94
Partner of Private Company and Services
Deloitte

Peter Sweeney, SBM ‘86
Chief Financial Officer
Calloway Properties REIT

David Wong, SBM ‘81
Regional Vice President
National Bank of Canada

Ted Rogers School of Management Dean's Council

Betty DeVita (Council Chair)
President
MasterCard Canada

Andrea Cohen Barrack (Council Vice Chair)
CEO
Ontario Trillium Foundation

Paul Baroni
SVP and CFO International Banking
Scotiabank

Peter Bloch
CEO and Director
Bionik Laboratories

Andrea Bolger
Executive VP, Business Financial Services, Personal & Commercial Banking
RBC

Lisa Borsook
Executive Partner
WeirFoulds LLP

Kevin Chan
Head of Public Policy
Facebook Canada

Joe Cooper
Executive VP, Global Services, and CIO
Manulife Financial

Vito Curalli
Executive Director, Sales for Canada, Latin America and International
Hilton Worldwide

Allyson Hewitt
Senior Fellow, Social Innovation
MaRS Discovery District

Dave Hopkinson
Chief Commercial Officer
Maple Leaf Sports & Entertainment

Vikram Khurana
President
Silver Bullet Water Treatment

Lloyd Komori
Board Director
OMERS Administration Corporation

Lisa Kimmel
General Manager
Edelman Toronto

Art Mannarn
Executive VP and CAO, Retail and Business Banking
CIBC

Marilyn Monk
Executive VP, Clinical
Hospital for Sick Children

Andrew Mullin
Partner
McKinsey & Company

Rebecca Pang
Director, Strategy and Corporate Development
CIBC World Markets

Phil Soper
President and CEO
Royal LePage and Brookfield Real Estate Services Inc.

Stephen Testa
CFO
Nike Mexico

Robert Watson
CEO
Bermuda Regulatory Authority

Carol Wilding
President and CEO
CPA Ontario

Susan Wolburgh Jenah
Former President and CEO
Investment Industry Regulatory Organization of Canada

For updates see: https://www.torontomu.ca/content/ryerson/tedrogersschool/about/deans-council.html (opens in new window) 

* To maintain a CLEAR standing, a 'C+' or above is required in each of AFA 100, AFA 200, AFF 210 , AFF 310 and QMS 130. Other conditions also apply. See Academic Standing Variations.

** May be timetabled in either the fall or winter terms.

† This course is graded on a pass/fail basis.

‡ This test is graded on a pass/fail basis. Please see Program Overview for further information about CAF 199.

REQUIRED:

LIBERAL STUDIES:
Two courses from Table A - Lower Level Liberal Studies.

* To maintain a CLEAR standing, a 'C+' or above is required in each of AFA 100, AFA 200, AFF 210 , AFF 310 and QMS 130. Other conditions also apply. See Academic Standing Variations.

Revised 2015-2016. Begins 2016-2017. 

The sequencing of academic and work terms is shown below:

Please be advised that this schedule may be subject to revisions.

Work terms are graded on a pass/fail basis. Each work term is assessed by the Co-op Faculty Advisor on the basis of the student's comprehensive written report and the employer's evaluation of the student's performance on the job.

Students are expected to follow the sequence prescribed for their program. Deviation from the sequence requires the submission of a formal request to the Co-op Faculty Advisor and approval from the School. With permission from the School/Department, students may be allowed to graduate with the co-op endorsement with fewer than the prescribed work terms.

Begins 2016-2017.  

The sequencing of academic and work terms is shown below:

Please be advised that this schedule may be subject to revisions.

Work terms are graded on a pass/fail basis. Each work term is assessed by the Co-op Faculty Advisor on the basis of the student's comprehensive written report and the employer's evaluation of the student's performance on the job.

Students are expected to follow the sequence prescribed for their program. Deviation from the sequence requires the submission of a formal request to the Co-op Faculty Advisor and approval from the School. With permission from the School/Department, students may be allowed to graduate with the co-op endorsement with fewer than the prescribed work terms.