Business
www.degroote.mcmaster.ca
HAMILTON O N TA R I O CANADA mcmaster.ca/future
www.degroote.mcmaster.ca
Business
The DeGroote School of Business provides a full range of business education opportunities – Honours Bachelor of Commerce, Bachelor of Commerce, MBA and Ph.D programs, executive development and international exchanges. Professionals worldwide view DeGroote as a centre for academic excellence, innovation and recruitment of graduates. The School also has established links with educational institutions around the world. The goal of our programs is to provide students with the opportunity to obtain a broadly-based education to prepare for a rapidly changing, globally competitive business environment that will be encountered upon graduation.
AACSB Accredited AACSB (Association to Advance Collegiate Schools of Business) International accreditation represents the highest standard of achievement for business schools. Less than 15 percent of business schools worldwide have earned AACSB Accreditation – the hallmark of excellence in management education. For details, visit their website at: aacsb.edu
2
Focus of Study Although our Commerce programs are broad-based in nature, you can choose to focus your courses in a specific area of study starting in Level III. Accounting: a balanced and integrated view of all areas of accounting including management and cost accounting as well as auditing, taxation and the preparation and analysis of financial statements. Finance: covers both the theory and practice of business finance. You will be exposed to various financial instruments and institutions, various types of options and futures, money market instruments, international currency, corporate valuation and over-the-counter securities. Human Resources: provides opportunities for intensive study of the fundamental and current issues in human capital management and labour relations. You will acquire specific skills in personnel recruitment, selection and training, compensation administration, collective bargaining, dispute settlement, and organizational development. Information Systems: the knowledge and expertise needed to acquire, design, develop and manage information systems, services and technology. You will acquire analytical techniques that will be vital to the success of knowledge-based organizations.
International Business: the global environment and operational issues encountered by firms doing business abroad. Enhancement of your ability to produce creative, action-oriented, practical solutions to international management problems will be strengthened. Marketing: a thorough understanding of the current theory and practices of business and consumer marketing. You will be exposed to pricing, advertising, distribution, promotion, sales, business development, consumer behaviour, new product development and much more. Strategic Management: provides you with the integrative framework in order to align the resources of the firm within its competitive environment. You will analyze real-life case studies, and participate in management simulations in an attempt to maximize the triple bottom line of the organization: people, planet and profits.
Allen H. Gould Trading Floor One of the first such facilities in North America, and one of only 30 in the world, the Allen H. Gould Trading Floor is a state-of-the-art educational tool that enables students to experience the relationships and interactions of the financial markets. The Trading Floor is an essential component of the finance focus and represents an astounding opportunity for students who wish to pursue a career in the financial services industry, it features: 21 computer terminals each with two flat screen monitors (served by Reuters’ latest Kobra information technology). three Trans-Lux display boards real-time data feeds from all Canadian exchanges, Chicago Board of Trade and the NYSE two Bloomberg terminals a unique Trader-in-Residence program offering mentors from the financial community
3
Level I Program Total = 30 units Required: 18-24 units, including: Commerce
1E03 1PA0 Computer Science 1BA3 Economics 1B03 & 1BB3 Math 1M03 or 1A03 Math 1F03 (for those without MCV4U) Stats 1L03 (for those without MDM4U) Selection from: Anthropology, Geography, Health Studies, Political Science, Psychology, Religious Studies, Sociology Commerce
Electives: 3-12 units (to bring total to 30 units) Note: The unit value of a particular course is indicated by the last digit of the course code (i.e. 1A03 = 3 units).the last digit of the course code (i.e. 1A03 = 3 units).
Level I Course Descriptions Note: The course descriptions contained in this publication provide a general outline of the courses offered. Actual course content and availability may vary from year to year.
Commerce 1E03
Economics 1BB3
Business Environment & Organization
Introductory Macroeconomics
This course examines the relationship between business organizations, their functional areas, and the social, political, legal and regulatory and technological environments that affect them.
An introduction to the method and theory of macroeconomics and their application to the analysis of contemporary economic problems.
Commerce 1PA0 Orientation to Undergraduate Business Program This course provides entering students with a comprehensive orientation of all programs and services within the DeGroote community. This class will be taught using a combination of in-class instruction and online resources.
Introduction to Calculus and Analytic Geometry A first course in the techniques of the differential calculus including exponential, logarithmic and trigonometric functions. An introduction to vector geometry. Prerequisite: MHF4U with a grade of at least 80%. Not open to students with a credit in MCV4U.
Computer Science 1BA3
Math 1M03
Introduction to Computing and Computer Use for Business
Calculus for Business, Humanities and the Social Sciences
Organization of microcomputers and introduction to computer communications; introduction to operating systems; basics of word processing/desktop publishing and information exchange using the Internet; problem-solving using electronic spreadsheets; elementary database concepts.
Differential and integral calculus. This course has a prerequisite of Grade 12 Calculus & Vectors (MCV4U). Students without MCV4U must take Math 1F03 or Math 1K03 prior to taking this course.
Economics 1B03
Probability and Linear Algebra
Introductory Microeconomics
The algebra of probability, conditional probability and independence, discrete and continuous random variables, mean and variance, matrices, determinants, Cramer’s rule, and solution of linear equations. Students with a credit in Mathematics of Data Management 4U are exempt from this course.
An introduction to the method and theory of microeconomics and their application to the analysis of contemporary economic problems.
4
Math 1F03
Stats 1L03
Our Graduates
Possible Careers
Professional Designations Educational requirements toward a variety of professional designations can be met in varying degrees within the Honours Bachelor of Commerce Program, including: credits for the Chartered Accountant (CA), Certified General Accountant (CGA), Certified Management Accountant (CMA) Certified Human Resources Professional (CHRP). Additional coursework may be taken while in the program. Further units of credit may also be taken after graduation. Students interested in completing all requirements towards the CA designation will be required to complete summer courses upon graduation.
Graduates of the Commerce Programs enter a wide variety of managerial and professional careers. Some become self-employed entrepreneurs; others join established business or governmental organizations operating in Canada and abroad. Examples of entry-level positions obtained by our students at graduation include: brand management staff accountant consultant financial analyst product manager human resources strategic planner associate marketing analyst / systems analyst specialist portfolio manager operations analyst account representative advertising associate project specialist / communications coordinator coordinator stock / bond trader
Typical Timetable – Term 1 Time
Monday
Tuesday
Wednesday
Thursday
Friday
Computer Science 1BA3 (lecture)
Computer Science 1BA3 (lecture)
Computer Science 1BA3 (tutorial)
Economics 1B03 (lecture)
Math 1F03 (tutorial)
Economics 1B03 (lecture)
8:30 a.m. 9:30 a.m.
Math 1F03 – Calculus (lecture)
10:30 a.m. 11:30 a.m.
Economics 1B03 – Introductory Economics (tutorial)
Math 1F03 (lecture)
12:30 p.m. 1:30 p.m. 2:30 p.m.
3:30 p.m.
Psychology 1XO3 – Introduction to Experimental Psychology (lecture) Anthropology 1A03 – Intro to Anthropology Culture and Society (lecture)
Psychology 1XO3 (lecture)
Psychology 1X03 (tutorial)
Anthropology 1A03 (tutorial)
4:30 p.m. 5:30 p.m.
Commerce 1PA0
5
Exchange Opportunities www.mcmaster.ca/oia/programs.htm It has become increasingly important for individuals and organizations to compete in the international marketplace. The most successful business leaders of tomorrow will be those who are comfortable crossing national and cultural boundaries. The Exchange Program offers an unparalleled opportunity for immersion in another culture, often in another language, and for another perspective of the world. During third-year, students may participate in an exchange with institutions in the following countries: Australia China Denmark England
France Germany Japan Netherlands
Norway Scotland Singapore
Internship Opportunities During the third year of the Commerce Program, you may choose to participate in the Internship Program. Preparation begins with a career development course, Commerce 3IN0. This workshop-based, non-credit course is mandatory for any student wishing to compete for internship opportunities and is designed to ensure that students are ready for the job selection process. Successful candidates (pre-requisites must be met) will elect to embark on a period of employment, after completion of third-year, for a period of 8, 12 or 16 months. Unlike traditional co-op programs, interns will be employed with the same company for the duration of their internship. The current average salary for interns is approximately $38,500 per year. There is an impressive list of companies who have partnered with the DeGroote School of Business to offer internship opportunities for business students: BMW Canada
Ford Motor Company
Canada Revenue Agency Celestica
PricewaterhouseCoopers LLP, Canada
GE Canada
Research In Motion
IBM Canada Ltd.
TD Business Banking
KPMG LLP
State Street Financial
Career Internship Fields Accounting: auditing, taxation, managerial accounting and control, accounting information systems. Finance: banking, public finance, financial performance evaluation, personal financial planning, security analysis, portfolio management. Human Resources: personnel management, compensation and benefits, employment equity, recruitment and selection, HR policy. Strategic Management / Consulting: strategic planner, business analyst, management consultant. Information Systems: system analysis, design and implementation, systems planning and management, technology analyst, IT support. Marketing: market research and analysis, sales, product promotion, brand management, product development, advertising agency. Production/Operations: inventory and quality control, materials planning, supply and distribution management, production planning.
6
tours.mcmaster.ca
Visitor Information Regular Campus Tours Campus tours take about 1½ hours and are conducted by McMaster students. The entire campus is covered in the tour including a visit to at least one residence building. Please note: advanced notice of two to three working days is required tours are available Monday to Friday, from October 3 to December 6, 2011 and January 9 to April 5, 2012 tour times are 10:30 a.m. or 1:30 p.m. campus tours may be scheduled on some Saturdays with at least one week’s advance notice campus tours are also available throughout the summer, from mid-May to the beginning of August
Special Visit Events Fall Preview Saturday, October 29, 2011
Virtual Tour tours.mcmaster.ca Unable to visit McMaster in person? Explore our picturesque campus via one of our online tours. You can take a Guided Tour that follows the same route as an in-person walking tour, create a personalized tour or simply explore major campus hotspots. We also offer a basic version for users with a slower internet connection or older computer.
visit display areas and talk with reps from academic, service areas and student groups in a relaxed and informal Roam Around Session tour the campus
March Break Monday, March 12 – Friday, March 16, 2012
To register for a campus tour, contact the Student Recruitment & Admissions Office: Tour Portal tours.mcmaster.ca e-mail liaison@mcmaster.ca phone 905-525-9140 ext. 23650 fax 905-524-3550
regular campus tours faculty-specific activities available be sure to register in advance as group sizes are limited
May@Mac Saturday, May 12, 2012 Complimentary parking passes will be provided for registered campus tour visitors upon arrival. Please refer to your tour booking confirmation e-mail for further details. It is best to enter the campus via the Sterling Street entrance (Central Campus). Directions can be found online at: www.mcmaster.ca/welcome/findus.cfm
University-wide Open House event applicants will be sent information in the Spring includes campus bus tours, special facility tours, sample lectures and lab demonstrations, opportunities to speak with professors, staff and students
7
Still have questions? ask.mcmaster.ca
Hamilton, Ontario Canada L8S 4L8 905-525-9140 ext. 23650 mcmaster.ca/future