Joint Honours Economics and Accounting (81 credits)

Offered by: Management     Degree: Bachelor of Commerce

Program Requirements

The B.Com. Joint Honours in Economics and Accounting program is offered jointly between Economics and the Desautels Faculty of Management. This program requires the completion of 30 specified credits of Honours courses listed in the Economics Honours part of this program and 24 specified credits for Accounting. In addition, all B.Com. students take a Core curriculum.

Students in this program should see an Economics adviser and a Management adviser. For the economics part, the students should consult: http://www.mcgill.ca/economics/undergraduates/honours. For the current list of advisers in Economics and their advising times, see the website of the Department of Economics, Faculty of Arts.

Continuation from one year to the next in the Economics part of this Joint Honours program requires a minimum grade of B- in ECON 250 and a minimum B- average in the required and complementary Honours Economics courses. Students failing to meet these requirements must switch out of the Honours program. If they continue to register in Honours, they will not be allowed to graduate with Honours.

The Faculty of Management requires that students must achieve a grade of B- or better in all courses of the Accounting component of this program.

For the Economics component, a student must also obtain a 3.00 GPA in the required courses, a 3.00 average in the required and complementary credits in Economics, and an overall CGPA of 3.00. For a First Class Honours degree, the minimum requirements are a 3.50 program GPA in the required courses, a 3.50 average in the required and complementary credits in Economics, and an overall CGPA of 3.50. In cases where a student takes a Supplemental Exam in a course, both the original and the Supplemental Exam grades will be counted in the calculation of the GPA and CGPA averages.

For the Management part of this program, students also have to meet the requirements of the Faculty of Management for Honours and First Class Honours.

Program Prerequisites (0-10 credits)

  • MATH 133 Linear Algebra and Geometry (3 credits) *

    Offered by: Mathematics and Statistics (Faculty of Science)

    Overview

    Mathematics & Statistics (Sci) : Systems of linear equations, matrices, inverses, determinants; geometric vectors in three dimensions, dot product, cross product, lines and planes; introduction to vector spaces, linear dependence and independence, bases; quadratic loci in two and three dimensions.

    Terms: Fall 2019, Winter 2020

    Instructors: Rosalie Bélanger-Rioux (Fall)

    • 3 hours lecture, 1 hour tutorial

    • Prerequisite: a course in functions

    • Restriction A: Not open to students who have taken MATH 221 or CEGEP objective 00UQ or equivalent.

    • Restriction B: Not open to students who have taken or are taking MATH 123, MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics.

    • Restriction C: Not open to students who are taking or have taken MATH 134.

  • MATH 140 Calculus 1 (3 credits) **

    Offered by: Mathematics and Statistics (Faculty of Science)

    Overview

    Mathematics & Statistics (Sci) : Review of functions and graphs. Limits, continuity, derivative. Differentiation of elementary functions. Antidifferentiation. Applications.

    Terms: Fall 2019, Winter 2020

    Instructors: Sidney Trudeau (Fall) Jérôme Fortier (Winter)

    • 3 hours lecture, 1 hour tutorial

    • Prerequisite: High School Calculus

    • Restriction: Not open to students who have taken MATH 120, MATH 139 or CEGEP objective 00UN or equivalent

    • Restriction: Not open to students who have taken or are taking MATH 122 or MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics

    • Each Tutorial section is enrolment limited

  • MATH 141 Calculus 2 (4 credits) **

    Offered by: Mathematics and Statistics (Faculty of Science)

    Overview

    Mathematics & Statistics (Sci) : The definite integral. Techniques of integration. Applications. Introduction to sequences and series.

    Terms: Fall 2019, Winter 2020

    Instructors: Sidney Trudeau, Jeremy Macdonald (Winter)

    • Prerequisites: MATH 139 or MATH 140 or MATH 150.

    • Restriction: Not open to students who have taken MATH 121 or CEGEP objective 00UP or equivalent

    • Restriction Note B: Not open to students who have taken or are taking MATH 122 or MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics.

    • Each Tutorial section is enrolment limited

* Required course to be completed prior to U2 (or equivalent)
** Prerequisite for entering this program (or equivalent)

Required Courses (66 credits)

Management Core (27 credits)

  • MGCR 211 Introduction to Financial Accounting (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : The role of financial accounting in the reporting of the financial performance of a business. The principles, components and uses of financial accounting and reporting from a user's perspective, including the recording of accounting transactions and events, the examination of the elements of financial statements, the preparation of financial statements and the analysis of financial results.

    Terms: Fall 2019, Winter 2020

    Instructors: Seunghwan Oh, Hongping Tan, Philippe Levy (Fall) Dongyoung Lee (Winter)

    • Continuing Studies: requirement for CMA, CGA, the EA of AACI, and the Institute of Internal Auditors

  • MGCR 222 Introduction to Organizational Behaviour (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : Individual motivation and communication style; group dynamics as related to problem solving and decision making, leadership style, work structuring and the larger environment. Interdependence of individual, group and organization task and structure.

    Terms: Fall 2019, Winter 2020

    Instructors: Chantal Westgate, Alfred M Jaeger, John-Paul Ferguson, Jean-Nicolas Reyt (Fall) Chantal Westgate, Diana Dakhlallah (Winter)

    • Continuing Studies: requirement for CMA, CGA, the EA of AACI, and the Institute of Internal Auditors

  • MGCR 331 Information Systems (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : Introduction to principles and concepts of information systems in organizations. Topics include information technology, transaction processing systems, decision support systems, database and systems development. Students are required to have background preparation on basic micro computer skills including spreadsheet and word-processing.

    Terms: Fall 2019, Winter 2020

    Instructors: Richard George Donovan (Fall)

    • Prerequisite (Continuing Studies): CMSC 101 Mathematical Tools for Management Professionals or equivalent Basic computer skills including DOS, Spreadsheets and Word-processing and Database.

    • Restriction: Fall sections restricted to BCom students

    • Continuing Studies: requirement for the Institute of Internal Auditors, CMA, CGA

    • A special seminar will be available to those students who do not possess the above basic computer skills, at the students' own expense.

  • MGCR 341 Introduction to Finance (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : An introduction to the principles, issues, and institutions of Finance. Topics include valuation, risk, capital investment, financial structure, cost of capital, working capital management, financial markets, and securities.

    Terms: Fall 2019, Winter 2020

    Instructors: Vadim di Pietro (Fall) Vadim di Pietro, Sujata Madan (Winter)

    • Corequisite: MGCR 271 or equivalent

    • Continuing Studies: requirement for CMA, CGA, the EA of AACI, and the Institute of Internal Auditors

  • MGCR 352 Principles of Marketing (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : Introduction to marketing principles, focusing on problem solving and decision making. Topics include: the marketing concept; marketing strategies; buyer behaviour; Canadian demographics; internal and external constraints; product; promotion; distribution; price. Lectures, text material and case studies.

    Terms: Fall 2019, Winter 2020

    Instructors: Hamid Etemad, Hee Ryung Kim (Fall) Yi Lu, Nathan Yang, DaHee Han, Emine Sarigollu (Winter)

    • Continuing Studies: requirement for the Institute of Internal Auditors, and the Canadian Institute of Management

  • MGCR 360 Social Context of Business (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : This course examines how business interacts with the larger society. It explores the development of modern capitalist society, and the dilemmas that organizations face in acting in a socially responsible manner. Students will examine these issues with reference to sustainable development, business ethics, globalization and developing countries, and political activity.

    Terms: Fall 2019, Winter 2020

    Instructors: Lindsay Holmgren (Fall) Saku Mantere, Arvind Karunakaran, Lindsay Holmgren, Jan J Jorgensen (Winter)

  • MGCR 382 International Business (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : An introduction to the world of international business. Economic foundations of international trade and investment. The international trade, finance, and regulatory frameworks. Relations between international companies and nation-states, including costs and benefits of foreign investment and alternative controls and responses. Effects of local environmental characteristics on the operations of multi-national enterprises.

    Terms: Fall 2019, Winter 2020

    Instructors: Jan J Jorgensen, Donald Melville (Fall) Donald Melville (Winter)

  • MGCR 423 Strategic Management (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : An integrative and interdisciplinary introduction to strategy formation and execution. Concepts, tools, and practical application to understand how firms leverage resources and capabilities to gain competitive advantage in dynamic, contemporary industries. Strategic positioning, organizational design, and managerial action for the long-term success of businesses and positive social and ecological outcomes.

    Terms: Fall 2019, Winter 2020

    Instructors: Matthew Corritore, Donald Melville, Karl James Moore, Gregory Bryan Vit (Fall) Kwangjun An, Gregory Bryan Vit (Winter)

    • Restriction: Open to U2, U3 students only

    • Continuing Studies: requirement for CMA, CGA, the Institute of Internal Auditors, and the Canadian Institute of Management - in addition to these, the course "Introduction to Business," CGMG 282 is also required for C.I.M.

  • MGCR 472 Operations Management (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : Design, planning, establishment, control, and improvement of the activities/processes that create a firm's final products and/or services. The interaction of operations with other business areas will also be discussed. Topics include forecasting, product and process design, waiting lines, capacity planning, inventory management and total quality management.

    Terms: Fall 2019, Winter 2020

    Instructors: Shanling Li (Fall)

    • Prerequisite: MGCR 271 or equivalent

    • Requirement for the Canadian Institute of Management

Honours Courses (39 credits)

For the regulations governing courses in statistics, please refer to the Department's document "Rules on Stats Courses for Economics Students" available on the following website: http://www.mcgill.ca/economics/undergraduates/courses. Students who have taken equivalent statistics courses prior to entering the program may be waived the ECON 257D1/ECON 257D2 requirement. These students will normally be required to take ECON 469 in addition to ECON 468.

Complementary Courses (15 credits)

3 credits from the following:

  • ECON 460 History of Thought 1 - Honours (3 credits)

    Offered by: Economics (Faculty of Arts)

    Overview

    Economics (Arts) : The evolution of economic thought prior to the close of the 19th century, as reflected in the writings of prominent economists from the time of Adam Smith to the emergence of marginalism and neoclassical economics.

    Terms: Fall 2019

    Instructors: Christopher Green (Fall)

  • ECON 461 History of Thought 2 - Honours (3 credits)

    Offered by: Economics (Faculty of Arts)

    Overview

    Economics (Arts) : The evolution of economic thought in the 20th century, as reflected in the writings of prominent economists on equilibrium, dynamics, games, expectations, econometrics, industrial structure, economic policy and other primary areas of interest.

    Terms: Winter 2020

    Instructors: Christopher Green (Winter)

  • ECON 469 Econometrics 2 - Honours (3 credits)

    Offered by: Economics (Faculty of Arts)

    Overview

    Economics (Arts) : Treatment of asymptotic theory and classical inferential procedures, an introduction to the bootstrap, maximum likelihood, non-linear models, mis-specification testing, non-stationarity and limited dependent variable models.

    Terms: Winter 2020

    Instructors: Silvia Goncalves (Winter)

    • Prerequisite: ECON 468

    • Restriction(s): Not open to students who have taken or are taking ECON 467D1/D2

12 credits from the following:

  • ACCT 354 Financial Statement Analysis (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Accounting : Interpretative nature of the conceptual framework underlying a multitude of financial reporting standards, including the impact of alternative accounting methods, management biases and stakeholder interests in the analysis and valuation of the firm.

    Terms: Fall 2019, Winter 2020

    Instructors: Julia Scott (Fall)

  • ACCT 362 Cost Accounting (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Accounting : An examination of a number of recurring issues in the area of decision-making and control, including cost allocation, alternative costing systems, and innovations in costing and performance measurement.

    Terms: Fall 2019, Winter 2020

    Instructors: Philippe Levy (Fall) Jingjing Zhang (Winter)

  • ACCT 385 Principles of Taxation (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Accounting : An introduction to the concepts underlying the Canadian tax system and how they are applied in relation to the taxation of individuals and businesses.

    Terms: Fall 2019, Winter 2020

    Instructors: Larry Goldsman (Fall) Brian Wenzel (Winter)

  • ACCT 452 Financial Reporting Valuation (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Accounting : Models to determine firm value from accounting information and a broader perspective on key sources of information, key value drivers, in a setting where evaluating firm value is the ultimate purpose.

    Terms: Winter 2020

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • ACCT 453 Advanced Financial Accounting (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Accounting : Reporting relevant financial information subsequent to long term intercorporate investments. The preparation of consolidated financial statements with emphasis on their economic substance rather than legal form.

    Terms: Fall 2019, Winter 2020

    Instructors: Julia Scott (Fall)

  • ACCT 463 Management Control (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Accounting : The theoretical frameworks for the examination and evaluation of management accounting and control systems. The technical aspects of accounting along with behavioural issues of management control.

    Terms: Fall 2019, Winter 2020

    Instructors: Philippe Levy (Fall) Philippe Levy (Winter)

  • ACCT 475 Principles of Auditing (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Accounting : An introduction to basic auditing concepts and internal controls of an accounting system. Topics include current auditing standards, ethical conduct, legal liability, planning of an audit, sampling techniques, non-audit engagements, the study and evaluation of internal controls in an accounting system.

    Terms: Fall 2019, Winter 2020

    Instructors: Ralph Cecere (Fall) Ralph Cecere (Winter)

  • ACCT 486 Business Taxation 2 (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Accounting : A study of the Income Tax Act as it applies to the taxation of individuals and corporations, including capital cost allowances, capital gains, corporate reorganisations, trusts and partnerships and administrative regulations. A review of consumption taxes.

    Terms: Fall 2019, Winter 2020

    Instructors: Larry Goldsman (Fall) Larry Goldsman (Winter)

Desautels Faculty of Management—2019-2020 (last updated Mar. 18, 2019) (disclaimer)