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Business Management - Economics and Management Science Major

In today's highly technical and computerized world, acquiring timely and accurate business and economic data is essential for successful management decision-making. In this major you will become well-versed in economic analysis and quantitative skills, which are in high-demand in today’s fast-paced global economy.

1st & 2nd Semester

Revised curriculum begins 2021-2022 for students admitted Fall 2021 and after

The first two semesters of the program are common for all Business Management Majors.

1st Semester

REQUIRED:

CMN 279* Introduction to Professional Communication
ECN 104 Introductory Microeconomics
GMS 200 Introduction to Global Management
QMS 110 Applied Mathematics for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.

 

2nd Semester

REQUIRED:

ACC 100 Introductory Financial Accounting
ECN 204 Introductory Macroeconomics
MHR 523 Human Resources Management
MKT 100* Principles of Marketing
QMS 210 Applied Statistics for Business

*CMN 279 and MKT 100 will be timetabled either in 1st or 2nd Semester. 

Note: Students planning to enter the Marketing Management Major must obtain a grade of at least 2.67 (B-) in MKT 100.

 

Business Management students must declare their Major before course intentions in March of their first year. How to Change your Plan / Major.

 

  

3rd & 4th Semester

Last offered Fall 2021 to students admitted Fall 2020 

3rd Semester

REQUIRED:

CMN 279 Introduction to Professional Communication
FIN 300 Managerial Finance I
GMS 401 Operations Management
LAW 122 Business Law
QMS 702 Calculus for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

4th Semester

REQUIRED:

CMN 279 Introduction to Professional Communication
ECN 230 Mathematics for Economics II
FIN 401 Managerial Finance II
LAW 122 Business Law
QMS 442 Multiple Regression for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

CMN 279 and LAW 122 will be timetabled either in the 3rd or 4th semester.

  

3rd & 4th Semester

Revised curriculum begins 2022-2023 for students admitted Fall 2021 and after

3rd Semester

REQUIRED:

FIN 300 Managerial Finance I
GMS 401 Operations Management
LAW 122* Business Law
QMS 702 Calculus for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

4th Semester

REQUIRED:

ACC 406
Introduction Management Accounting
ECN 230 Mathematics for Economics II
ITM 102*
Business Information Systems I
QMS 442 Multiple Regression for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

* LAW 122 and ITM 102 will be timetabled either in the 3rd or 4th semester.

  

5th & 6th Semester

Last offered Fall 2022 to students admitted Fall 2020 

REQUIRED:

ECN 301 Intermediate Macroeconomics I
ECN 504 Intermediate Microeconomics I
ECN 600 Intermediate Macroeconomics II
ECN 627 Econometrics I
ECN 700 Intermediate Microeconomics II
QMS 703 Business Forecasting Techniques

LIBERAL STUDIES:
Two courses from Table B - Upper Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

PROFESSIONALLY-RELATED: Two courses from Table I.
Course selection must not include any courses with an ECN prefix.

  

5th & 6th Semester

Revised curriculum begins 2023-2024 for students admitted Fall 2021 and after

5th Semester

REQUIRED:

ECN 301 Intermediate Macroeconomics I
ECN 504 Intermediate Microeconomics I
ECN 627 Econometrics I
FIN 401
Managerial Finance II

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

6th Semester

REQUIRED:

ECN 600  Intermediate Macroeconomics II
ECN 700 Intermediate Microeconomics II
ECN 702 Econometrics II

PROFESSIONALLY-RELATED: One course from Table I.
Course selection must not include any courses with an ECN prefix.

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

  

7th & 8th Semester

REQUIRED:

BUS 800 Strategic Management

LIBERAL STUDIES¶:
One course from Table B - Upper Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL: Four courses from the following:

ECN 321 Introduction to Law and Economics
ECN 501 Industrial Organization
ECN 502 Economics of Energy and Natural Resources
ECN 506 Money and Banking
ECN 510 Environmental Economics
ECN 601 Economics of Information
ECN 605 Labour Economics
ECN 606 International Monetary Economics
ECN 610 The History of Economic Thought
ECN 614 An Introduction to Game Theory
ECN 620 Applied Economic Analysis
ECN 630 Economic History
ECN 640 Economics of Immigration
ECN 702* Econometrics II
ECN 703 Public Sector Economics
ECN 707 Economics of International Trade I
ECN 710 Transportation Economics
ECN 715 Advanced Microeconomics
ECN 721 International Financial Markets
ECN 723 Applied Research Methods
ECN 724 Advanced Econometrics
ECN 725 Financial Econometrics
ECN 729 Sports Economics
ECN 803 Canadian Tax Policy
ECN 807 Economics of International Trade II
ECN 808 Economic Growth and Technological Change
ECN 815 Advanced Macroeconomics
ECN 820 Thesis
ECN 821 Country Risk Analysis

* ECN 702 is only available as a Professional course for students admitted Fall 2020 and before 

PROFESSIONALLY-RELATED: Three courses from Table I.
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL or PROFESSIONALLY-RELATED:
One course from Professional Table above or Table I.

¶ Offered in Fall term only.

The Economics and Management Science Major 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 after the fourth semester of the program.

Admission into the co-op program is based on the following four items:

  1. Minimum CGPA of 3.0 (or higher). Subject to competition, grades above the minimum may be required
  2. Evidence of superior oral and written communication skills
  3. Interview
  4. Resume/CV

Students commence work terms upon completion of third year of the Business Management program and the co-op option extends the Economics and Management Science major to five years from four. The Economics Department cannot guarantee work term jobs, but the Business Career Hub (BCH) (opens in new window)  and the Department 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.

1st & 2nd Semester

Revised curriculum begins 2021-2022 for students admitted Fall 2021 and after

The first two semesters of the program are common for all Business Management Majors.

1st Semester

REQUIRED:

CMN 279* Introduction to Professional Communication
ECN 104 Introductory Microeconomics
GMS 200 Introduction to Global Management
QMS 110 Applied Mathematics for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.

 

2nd Semester

REQUIRED:

ACC 100 Introductory Financial Accounting
ECN 204 Introductory Macroeconomics
MHR 523 Human Resources Management
MKT 100* Principles of Marketing
QMS 210 Applied Statistics for Business

*CMN 279 and MKT 100 will be timetabled either in 1st or 2nd Semester. 

Note: Students planning to enter the Marketing Management Major must obtain a grade of at least 2.67 (B-) in MKT 100.

 

Business Management students must declare their Major before course intentions in March of their first year. How to Change your Plan / Major.

 

  

3rd & 4th Semester

Last offered Fall 2021 to students admitted Fall 2020 

3rd Semester

REQUIRED:

CMN 279 Introduction to Professional Communication
FIN 300 Managerial Finance I
GMS 401 Operations Management
LAW 122 Business Law
QMS 702 Calculus for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

4th Semester

REQUIRED:

CMN 279 Introduction to Professional Communication
ECN 230 Mathematics for Economics
FIN 401 Managerial Finance II
LAW 122 Business Law
QMS 442 Multiple Regression for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

CMN 279 and LAW 122 will be timetabled either in the 3rd or 4th semester.

  

3rd & 4th Semester

Revised curriculum begins 2022-2023 for students  admitted Fall 2021 and after

3rd Semester

REQUIRED:

FIN 300 Managerial Finance I
GMS 401 Operations Management
LAW 122* Business Law
QMS 702 Calculus for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

4th Semester

REQUIRED:

ACC 406 Introduction Management Accounting
ECN 230 Mathematics for Economics
ITM 102* Business Information Systems I 
QMS 442 Multiple Regression for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

LAW 122 and ITM 102 will be timetabled either in the 3rd or 4th semester.

  

5th & 6th Semester

Last Offered Fall 2022 to students admitted Fall 2020

REQUIRED:

ECN 301 Intermediate Macroeconomics I
ECN 504 Intermediate Microeconomics I
ECN 600 Intermediate Macroeconomics II
ECN 627 Econometrics I
ECN 700 Intermediate Microeconomics II
QMS 703 Business Forecasting Techniques

LIBERAL STUDIES:
Two courses from Table B - Upper Level Liberal Studies
Course selection must not include any courses with an ECN prefix.

PROFESSIONALLY-RELATED: Two courses from Table I.
Course selection must not include any courses with an ECN prefix.

  

5th & 6th Semester

Revised curriculum begins 2023-2024 for students admitted Fall 2021 and after

REQUIRED:

5th Semester

REQUIRED:

ECN 301 Intermediate Macroeconomics I
ECN 504  Intermediate Microeconomics I
ECN 627 Econometrics I
FIN 401 Managerial Finance II

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

6th Semester

REQUIRED:

ECN 600 Intermediate Macroeconomics II
ECN 700 Intermediate Microeconomics II
ECN 702 Econometrics II

PROFESSIONALLY-RELATED: One course from Table I.
Course selection must not include any courses with an ECN prefix.

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

  

7th & 8th Semester

REQUIRED:

BUS 800 Strategic Management

LIBERAL STUDIES¶:
One course from Table B - Upper Level Liberal Studies
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL: Four courses from the following:

ECN 321 Introduction to Law and Economics
ECN 501 Industrial Organization
ECN 502 Economics of Energy and Natural Resources
ECN 506 Money and Banking
ECN 510 Environmental Economics
ECN 601 Economics of Information
ECN 605 Labour Economics
ECN 606 International Monetary Economics
ECN 610 The History of Economic Thought
ECN 614 An Introduction to Game Theory
ECN 620 Applied Economic Analysis
ECN 630 Economic History
ECN 640 Economics of Immigration
ECN 702* Econometrics II
ECN 703 Public Sector Economics
ECN 707 Economics of International Trade I
ECN 710 Transportation Economics
ECN 715 Advanced Microeconomics
ECN 721 International Financial Markets
ECN 723 Applied Research Methods
ECN 724 Advanced Econometrics
ECN 725 Financial Econometrics
ECN 729 Sports Economics
ECN 803 Canadian Tax Policy
ECN 807 Economics of International Trade II
ECN 808 Economic Growth and Technological Change
ECN 815 Advanced Macroeconomics
ECN 820 Thesis
ECN 821 Country Risk Analysis

PROFESSIONALLY-RELATED: Three courses from Table I.
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL or PROFESSIONALLY-RELATED:
One course from Professional Table above or Table I.

¶ Offered in Fall term only.

* ECN 702 is only available as a Professional course for students admitted Fall 2020 and before

  

Sequencing of Academic and Work terms

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.

NOTE: Students are expected to follow the sequence prescribed for their program. Graduation with the co-op designation requires successful completion of a minimum of 3 work terms.

Direct Entry students will normally be admitted into 5th semester (3rd Year) of this program. Students should refer to their Offer of Admission for details.

  

5th & 6th Semester

Last offered Fall 2022 for students admitted to Direct-Entry in Fall 2022

REQUIRED:

ECN 301 Intermediate Macroeconomics I
ECN 504 Intermediate Microeconomics I
ECN 600 Intermediate Macroeconomics II
ECN 627 Econometrics I
ECN 700 Intermediate Microeconomics II
QMS 703 Business Forecasting Techniques

LIBERAL STUDIES:
Two courses from Table B - Upper Level Liberal Studies
Course selection must not include any courses with an ECN prefix.

PROFESSIONALLY-RELATED: Two courses from Table I.
Course selection must not include any courses with an ECN prefix.

  

5th & 6th Semester

Revised curriculum begins 2023-2024 for students to Direct-Entry in Fall 2023 and after

5th Semester

REQUIRED:

ECN 301 Intermediate Macroeconomics I
ECN 504 Intermediate Microeconomics I
ECN 627 Econometrics I
FIN 401
Managerial Finance II

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

6th Semester

REQUIRED:

ECN 600  Intermediate Macroeconomics II
ECN 700 Intermediate Microeconomics II
ECN 702 Econometrics II

PROFESSIONALLY-RELATED: One course from Table I.
Course selection must not include any courses with an ECN prefix.

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

  

7th & 8th Semester

REQUIRED:

BUS 800 Strategic Management

LIBERAL STUDIES¶:
One course from Table B - Upper Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL: Four courses from the following:

ECN 321 Introduction to Law and Economics
ECN 501 Industrial Organization
ECN 502 Economics of Energy and Natural Resources
ECN 506 Money and Banking
ECN 510 Environmental Economics
ECN 601 Economics of Information
ECN 605 Labour Economics
ECN 606 International Monetary Economics
ECN 610 The History of Economic Thought
ECN 614 An Introduction to Game Theory
ECN 620 Applied Economic Analysis
ECN 630 Economic History
ECN 640 Economics of Immigration
ECN 702* Econometrics II
ECN 703 Public Sector Economics
ECN 707 Economics of International Trade I
ECN 710 Transportation Economics
ECN 715 Advanced Microeconomics
ECN 721 International Financial Markets
ECN 723
Applied Research Methods
ECN 724 Advanced Econometrics
ECN 725 Financial Econometrics
ECN 729 Sports Economics
ECN 803 Canadian Tax Policy
ECN 807 Economics of International Trade II
ECN 808 Economic Growth and Technological Change
ECN 815 Advanced Macroeconomics
ECN 820 Thesis
ECN 821 Country Risk Analysis

PROFESSIONALLY-RELATED: Three courses from Table I.
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL or PROFESSIONALLY-RELATED:
One course from Professional Table above or Table I.

¶ Offered in Fall term only.

* ECN 702 is only available as a Professional course for students admitted Fall 2020 and before

1st & 2nd Semester

Revised curriculum begins 2021-2022 for students admitted Fall 2021 and after

The first two semesters of the program are common for all Business Management Majors.

1st Semester

REQUIRED:

CMN 279* Introduction to Professional Communication
ECN 104 Introductory Microeconomics
GMS 200 Introduction to Global Management
QMS 110 Applied Mathematics for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.

 

2nd Semester

REQUIRED:

ACC 100 Introductory Financial Accounting
ECN 204 Introductory Macroeconomics
MHR 523 Human Resources Management
MKT 100* Principles of Marketing
QMS 210 Applied Statistics for Business

*CMN 279 and MKT 100 will be timetabled either in 1st or 2nd Semester. 

Note: Students planning to enter the Marketing Management Major must obtain a grade of at least 2.67 (B-) in MKT 100.

 

Business Management students must declare their Major before course intentions in March of their first year. How to Change your Plan / Major.

 

  

3rd & 4th Semester

Revised curriculum begins 2022-2023 for students admitted Fall 2021 and after

3rd Semester

REQUIRED:

FIN 300 Managerial Finance I
GMS 401 Operations Management
LAW 122* Business Law
QMS 702 Calculus for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

4th Semester

REQUIRED:

ACC 406 Introduction Management Accounting
ECN 230 Mathematics for Economics
ITM 102* Business Information Systems I 
QMS 442 Multiple Regression for Business

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

* LAW 122 and ITM 102 will be timetabled either in the 3rd or 4th semester.

  

5th & 6th Semester

Revised curriculum begins 2023-2024 for students admitted Fall 2021 and after

5th Semester

REQUIRED:

ECN 301 Intermediate Macroeconomics I
ECN 504 Intermediate Microeconomics I
ECN 627 Econometrics I
FIN 401
Managerial Finance II

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

6th Semester

REQUIRED:

ECN 600  Intermediate Macroeconomics II
ECN 700 Intermediate Microeconomics II
ECN 702 Econometrics II

PROFESSIONALLY-RELATED: One course from Table I.
Course selection must not include any courses with an ECN prefix.

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

  

7th & 8th Semester

REQUIRED:

BUS 800 Strategic Management

LIBERAL STUDIES¶:
One course from Table B - Upper Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL: Four courses from the following:

ECN 321 Introduction to Law and Economics
ECN 501 Industrial Organization
ECN 502 Economics of Energy and Natural Resources
ECN 506 Money and Banking
ECN 510 Environmental Economics
ECN 601 Economics of Information
ECN 605 Labour Economics
ECN 606 International Monetary Economics
ECN 610 The History of Economic Thought
ECN 614 An Introduction to Game Theory
ECN 620 Applied Economic Analysis
ECN 630 Economic History
ECN 640 Economics of Immigration
ECN 702* Econometrics II
ECN 703 Public Sector Economics
ECN 707 Economics of International Trade I
ECN 710 Transportation Economics
ECN 715 Advanced Microeconomics
ECN 721 International Financial Markets
ECN 723 Applied Research Methods
ECN 724 Advanced Econometrics
ECN 725 Financial Econometrics
ECN 729 Sports Economics
ECN 803 Canadian Tax Policy
ECN 807 Economics of International Trade II
ECN 808 Economic Growth and Technological Change
ECN 815 Advanced Macroeconomics
ECN 820 Thesis
ECN 821 Country Risk Analysis

PROFESSIONALLY-RELATED: Three courses from Table I.
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL or PROFESSIONALLY-RELATED:
One course from Professional Table above or Table I.

¶ Offered in Fall term only.

* ECN 702 is only available as a Professional course for students admitted Fall 2020 and before

Direct Entry students will normally be admitted into 5th semester (3rd Year) of this program. Students should refer to their Offer of Admission for details.

  

5th & 6th Semester

REQUIRED:

ECN 301 Intermediate Macroeconomics I
ECN 504 Intermediate Microeconomics I
ECN 600 Intermediate Macroeconomics II
ECN 627 Econometrics I
ECN 700 Intermediate Microeconomics II
QMS 703 Business Forecasting Techniques

LIBERAL STUDIES:
Two courses from Table B - Upper Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.


PROFESSIONALLY-RELATED: Two courses from Table I.
Course selection must not include any courses with an ECN prefix.

  

7th & 8th Semester

REQUIRED:

BUS 800 Strategic Management

LIBERAL STUDIES¶:
One course from Table B - Upper Level Liberal Studies
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL: Four courses from the following:

ECN 321 Introduction to Law and Economics
ECN 501 Industrial Organization
ECN 502 Economics of Energy and Natural Resources
ECN 506 Money and Banking
ECN 510 Environmental Economics
ECN 601 Economics of Information
ECN 605 Labour Economics
ECN 606 International Monetary Economics
ECN 610 The History of Economic Thought
ECN 614 An Introduction to Game Theory
ECN 620 Applied Economic Analysis
ECN 630 Economic History
ECN 640 Economics of Immigration
ECN 702 Econometrics II
ECN 703 Public Sector Economics
ECN 707 Economics of International Trade I
ECN 710 Transportation Economics
ECN 715 Advanced Microeconomics
ECN 721 International Financial Markets
ECN 723 Applied Research Methods
ECN 724 Advanced Econometrics
ECN 725 Financial Econometrics
ECN 729 Sports Economics
ECN 803 Canadian Tax Policy
ECN 807 Economics of International Trade II
ECN 808 Economic Growth and Technological Change
ECN 815 Advanced Macroeconomics
ECN 820 Thesis
ECN 821 Country Risk Analysis

PROFESSIONALLY-RELATED: Three courses from Table I.
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL or PROFESSIONALLY-RELATED:
One course from Professional Table above or Table I.

¶ Offered in Fall term only.