2005/2006 - Registrar - McMaster University

1 76 COMMERCE5;, Level II and Level III Commerce courses are generally scheduled for, three' one-hour lectures per week; one term. Level' IV Commercecourses' are generally scheduled fqr two lectures per week (a twohourlecture and a one-hour lecture); one term:6. Level IV, Commerce requirements: ,the six units of Le'vel IIIor IV Commerce courses noted in the School of Businesssection of this' Calendar can only be taken by Level IV Commercestudents in their final year. ',CoursesCOMMERCE 1 E03 BUSINESS ENVIRONMENT AN,D ORGANIZATIONThis course will examine the relationship between busine,ss organizations,the,ir functional areas, and the environments - social, political, legal, and regulatory and technological- that affect them.Prerequisite: Registration in Business I ",COMMERCE 2AA3 FINANCIAL ACCOUNTING I "This is an introduction to the basic principles and .practice,s of financialaccounting,which includes an examination of incom.e measurement and ,asset and liability valuation, to provide an understanding of financial, accounting information and the ethics of financial' reporting. ,. Prerequisite: ECON 1 A06 or 1 B03 and registration in any Commerce or Engineeringand Management program; or a grade of at least B- in ECON tA06 or1 B03 and registration in any four or five-level non-Commerce programEnrolment is limited. ,(See Note 2 above.)CQMMERCE 2AB3 MANAGERIAL ACCOUNTING I,An introduction to concepts underlying the, use_ of cost accounting informationfor managerial planning and control, and for inventory valuation.The nature and analysis of costs, and the usefulness and limitations ofaccounting data for decision-making, including ethical considerations,will be' discussed.'Prerequisite: COMMERCE2AA3 and registration inany Commerce, Engineeringand Management orfouror five-level non-Commerce programEnrolment is limited. (See N0.te' 2 above.)' ~COMMERCE 2BA3 ORGANIZATIONAL BEHAVIOUR, AND HUMAN RESOURCESThis course provides an overview of the field. LTopics include: creativ-'ity,problem solving, decision-making', systems approaches, organizatiorialeffeGtiveness, motivati'on, work reorganization and organizationalstructures. .Prerequisite: Registration in any Commerce, Engineering and Management,Labour Studies or four or five-level non-Commerce programAntirequisite: KINESIOL 3L03" Enrolment is limited., ' (See Note 2 above.)COMMERCE2FA3 INTRODUCTION TO FINANCEThis course introduces the main instruments and institutions in the Canadianfinancial system. The basic concepts and models of modern financialtheory are introduced through lectures and "hands-on" problem solving.Topics include: the time value of money, capital budgeting, thetrade-off between risk' and return and security valuation.Prerequisite: ECON 1A06 or 1 B03; and one of MATH 1A03, 1 M03, or1 N03; and COMMERCE 2AA3; ,and registration in any Commerce, Engi- -neering and Management. or four or five-level non-Commerce program.Students in a four- or, five-level non-Commerce program must ,have atleast B- in ECON1A06 or 1 B03.Not open to students with credit or registration in EGON 2103.,Enrolment is limited. (See Note 2 above.)COMMERCE 2MA3 INTRODUCTION to MARKETINGThis course introduces the conceptual underpinnings and operationalfacets of marketing with a primarily consumer (as opposed to industrial)focus. " "Prerequisite: ECON 1 A06 or1 B03 and registration in any Commerce orEngineering and Management program; or a grade of at least B- in ECON1 A06 or 1 B03 and registration in any four or five-level non-CommerceprogramEnrolment is limited. (See Note 2 above.)COMMERCE 2QA3 COMPUTER-AUGMENTEDSTATISTICAL ANALYSISAn introduction to the application of statistical analysis in managerial,': decision-making.' The concepts of statistical analysis are applied to avariety of tbpics,including decision-making, estimation by sampling, hypothesistesting, analysis of variance, simple' linear and inultipleregres~sion, and forecasting. "Prerequisite: OAG Finite Math (or Mathematics 'of Data Management U) or,STArS 1 L03; and registration in any Commerce,' Engineering and Managementor four or five-level non-Commerce program'Antirequisite: ECON 2B03, STATS,1CC3Enrolment is limited. '(See Note 2'above.)COMMERCE 2QB3 INFORMATION SYSTEMS IN MANAGEMENTThis course emphasizes the strategic role of information systems' inmodern bU§,iness. Topics include: the technical foundations of informationsystems,the impactofinformation systems on bustness operationsand,decision-m?king, and the, processes that a'rerequired for successfulimplementation of business information systems. 'Prerequisite: One of COMP SCI 1 BA3, 1 MC3, 1 SA3, 1 TA3, 1 ZA3, ENGI­NEER 1004, MMEDIA 1 A03; and registration in any Commerce, Engineer-, ing and Management or four or five-level non-Commerce programAntirequisite: COMMERCE 30B3Enrolment is limited. (See Note 2 above.),COMMERCE 2S03 COMMUNICATION, THINKINGAND GROUP SKILLS ', , Students will be introduced to the effective use of written and oral com~munication skills; thinking skills inclLiding convergent, divergent and creativethinking as well as logic and rhetoric; and group and interpersonalskills including leadership. Students practice these skills in exercisesconcerned with' current business' issues. ' ,Prerequ,isite: Registration in a Commerce programCOMMERCE 2SB3 BUSINESS ETHICS,Ananalysis of ethical issues ariSing in contemporary business life. SampletopiCS include: fair and unfair competition; responsibilities towardsemployees, society and the environment; honesty and integrity in busi- ,, ness;' the moral, status of corporations.Prerequisite: Registration in Level II or above of any Commerce or Engineeringand Management program ' ,Cross-list: PH ILOS 2N03This course is administered: by the Depa,rtment of Philosophy.COMMERCE 3AB3 FINANCIAL ACCOUNTING IIA first course in intermediate financial accounting dealing with,the theoryand practice of financial statement preparation and reporting. The emphasiswill be on asset valuation and the related impact on income measurement.Prerequisite: COMMERCE 2AA3and registration in ar:lY Commerce or Engineeringand Management program. (B.Com. students -see Note 6 above.)COMMERCE 3AC3 FINANCIAL ACCOUNTING III,A second course in intermediate financial accounting dealing wi,th reportingissues that relate to liabilities and owners' equity. In pa,rticular, .the concepts of recognition, measurement and disclosure of such itemsas'bonds, taxes, leases and pensions as well as the phenomenon ofoff~balance sheet financing are examined.- " 'Prerequisite: COMMERCE3AB3 and registration in any Commerce or Engineeringand Management program. (B.Com, students - see Note 6 above.)Antirequisite: COMMERCE 4AB3COMMERCE3BC3 , HUMAN RESOURCE MANAGEMENTAND LABOUR RELATIONSThis course builds, on COMMERCE 2BA3, focusing on human resourcemanagement cind labour relations issues and practices from a general, management education perspective. 'Prerequisite: CQMMERCE 2BA3 or KINESIOL 3L03; and registration in anyCommerce, Labour Studies, Engineering and Management or four or five-, level non-Commerce programAntirequisite: 'COMMERCE 3BA3, 3BB3Enrolment is limited. (See Note 2 above.)COMMERCE 3FA3 MANAGERIAL FINANCE,This course examines various aspects of the financial management ofthe firm inclutling the sources and methods of financing, capital stru'cture,dividend policy, leasing, mergers and acquisitions, working capitalmanagement, effects of taxation on financial decisions and internationalaspects of finance: ''Prerequisite: COMMERCE 2FA3 or ECON2103; and registration in anyCommerce, Engineering and Management or four or five-level non'; ,Comme~eprogffim'fnrolment is limited. (See Note 2 above.)COMMERCE 3FB3 SECURITIES ANALYSISThis course is concerned with the analysis of marketable securities,­especially common stocks.' Topics include: the institutional characteristicsand operation of financial markets, securities analysis and'valuation,investment characteristics and strategies to increase return.Prerequisite: COMMERCE 2FA3 or ECON,2103; and registration in anyCommerce or Engineering and Management program. (B. Com. students- see Note 6 above.)'