Commerce Major

With a program focusing on Entrepreneurship, this course provides an introductory overview of Canadian business, both as an area of study and as a potential career choice. After an introduction to basic concepts, it explores the nature of business from a Christian world-view, as well as the many opportunities and challenges of starting and operating your own business. The main functional areas of business will be highlighted. Current trends in business will be addressed. The course will end with a critical assessment of business from a macro perspective. We will address the role of business in the context of our larger social systems.

This course is about financial accounting - the preparation and reporting of financial information to users who are outside of a firm (e.g., creditors, shareholders, and tax authorities). This information is usually communicated through the preparation of a set of financial statements. This course will provide an understanding of how financial statements are prepared, and how the financial information they contain can be used and interpreted by various external decision makers. At the same time, the student will gain an understanding of assumptions and conventions that underlie accounting in general, and various financial statement components in particular.

Students will be introduced to foundational concepts in applied ethics and corporate social responsibility. These concepts will address issues at the individual, oganizational and societal levels and in the economic, human and environmental realms. Students will be challenged to identify their own value system and how it interfaces with the dominant value systems within business and management.

This course has two elements: first, an introduction to the use of statistical methods, descriptive statistics, frequency distributions, regression and correlation, inference on means and proportions, sampling distributions, and analysis of variance. Second, the application of these tools to business decision-making is demonstrated throughout. A hands-on experience in using a computerized statistical analysis software package is also provided. Students with credit in BUSI 301 or BUSI 312 cannot receive credit in BUSI 320.

This course will examine the relationship between human behaviour, managerial practices, and organizational outcomes. Theoretical and practical aspects of organizational behaviour will be explored from both micro and macro perspectives. Topics covered include self-awareness, perceptions and emotions, motivation, group dynamics, leadership, power and conflict, organizational structure and culture, decision-making, and organizational change. The overall objective of this course is to enable students to develop the foundational skills necessary to be an effective employee as well as manager.

An introduction to the process of setting up, developing and operating a small business in Canada, particularly in the West. This includes creation of a business plan, securing finance, selecting a site, developing products/services, marketing, and legal, ethical, and environmental aspects of setting up a firm. The responsibilities inherent in each of these activities, as well as the resources required, are also reviewed. Students that wish to take this Business Elective course are required to register for both BUSI 341 and BUSI 342. They are required to register for BUSI 341 in the Fall semester and BUSI 342 in the Winter semester of the same school year.

This course concentrates on the development of a new enterprise and the innovative management of an existing small business with an eye on expansion or change. Casework and practical projects will enable students to learn how to assess opportunities and risks, and how to acquire the capabilities necessary for entrepreneurial success and responsibility. The emphasis is on the managerial and strategic problems existing during the early years of business formation and growth, including sound business planning. Students that wish to take this Business Elective course are required to register for both BUSI 341 and BUSI 342. They are required to register for BUSI 341 in the Fall semester and BUSI 342 in the Winter semester of the same school year.

This course will study approaches to managing in the nonprofit sector, particularly the unique programs and policies that are required for effective management practices. These practices will be contrasted with the approaches utilized in the private for-profit sector.

As organizations move rapidly into a knowledge-based economy, the strategic importance of effective human resource management become increasingly evident. This course aims to familiarize students with the key functions, concepts, and practices which characterize modern HRM. Issues examined include staffing, work design, reward systems, training and development, performance evaluation, union-management relationships, workplace health and safety, and legal concerns.

As the network of globalized operations expand and the diversity in workplaces increases, individuals will need to become more culturally competent and responsive in order to effectively address issues, challenges, and opportunities that arise. This course will explore the implications of culture and diversity on managerial and leadership approaches, business practices, communication and interpersonal relations, organizational and individual performances as well as overall workforce management - in both international and domestic settings.

Family owned enterprises present unique management issues which will be explored in this course, including: family vs. business value sets, integration of non-family managers, taxation and inheritance, generational transition, exit strategies, governance structures and conflict management issues.

This course explores the primary concepts of operations including: logistics, scheduling, lay-out, work flow, project management. Emphasis will be placed on service sector applications, technology, communications, stewardship, and applications in the small and medium enterprise sector.

This course focuses on elements of the Balance Sheet, Capital Assets, Current and Long-term Liabilities, Partnerships, Shareholders Equity, Investments and Cash Flow generated, and Taxes on Corporation Income. This course is available to first year B.Com. students.

This course teaches cost terms, cost behaviour, costing systems, product costing, cost allocation, relevant costs for decisionmaking, budgeting and capital budgeting.

Managers are constantly in need of timely information for decision making. This course will focus on the Computer Technology applications used in the identification of business data and the application of such information to Management processes. Selected functional areas will be examined such as product costing, payroll, taxation and supply chain management. A computer laboratory will introduce and develop skills in specific Business application programs, including a student project.

Modern business operates within a complex web of relations with governments (at various levels), the rest of society and the natural environment. These interactions are mediated presently by a set of regulations, laws and voluntary programs with an uncertain (and contested) effect. Increasingly it is realised though, that business is embedded in and cannot exist without sound relations with society and nature. But this realisation is only slowly becoming an essential and integral part of both the internal decision logic of business and of its evolving relations with governments an other stakeholders in society. This course provides an overview of the unfolding an evolution of these relations. It also examines the options for making earthkeeping and sustainable livelihood basic elements of healthy business and its functioning in its broader context. Resources for keeping abreast of this evolving and increasingly relevant field of action for business will be surveyed and evaluated.

This course gives students a practical knowledge of business law that enables them to participate in the managerial decisions of a business and allows them to recognize problems and situations that require the help of a lawyer. The basic content of the course consists of legal concepts, principles and precedents of commercial law and their application to business situations, especially through the case-study method.

This course provides a general corporate framework for financial decision-making. The course examines: Introduction to Financial Management, the Canadian Financial System, and Environment; The Time Value of Money; Risk and Value; The Cost of Capital; Capital Budgeting: Certainty, Part I; Capital Budgeting: Certainty, Part II; Capital Budgeting: Uncertainty; Financing Decisions and Capital Structure; Dividend Policy and Retained Earnings; Financial Analysis and Planning; Financial Forecasting and Planning; Management of Working Capital; Sources of Long-term Capital; and Other Financial Topics: Mergers, International Financial Management, Corporate Reorganizations and Liquidation.

This course starts with marketing vocabulary, concepts and techniques. It foregrounds the 4 P's of marketing: Product, Price, Place and Promotion. Students will also be introduced to such concepts as consumer behaviour and marketing research. We will evaluate modern marketing from a Christian worldview. Students will have an opportunity to develop critical skills through evaluating the marketing strategy of a specific product, service or concept of their choice.

A course on a topic or field of special interest to a member of the commerce faculty and offered on a non-reoccurring basis. Prerequisites: Consent of the Instructor.

This course will give attention to the nature and impact of pressing current issues that affect all Canadian firms and which do not have easy solutions. The impact of these on various aspects of the business enterprise relevant to the particular issue will be investigated and possibilities suggested. This course will be offered in alternative years and its content will be informed by the dynamics of business as an ongoing process.

Provides an extension to the financial reporting and managerial accounting courses. This course melds the choice of accounting policies which impact external users and the perspective gained from approaching similar issues from an internal management perspective.

This course will emphasize that all business decisions have significant ethical content. It will explore the varied history of incorporating ethics into or attempting to eliminate it from business. The contemporary ethical challenges in the conduct of business will be examined from a Christian viewpoint and compared with other ethical stances. It is intended to help students develop and refine an ethical framework.

In this course we will introduce a range of eCommerce opportunities and operations. This will include the structure, limitations and potential use, from a general management perspective, of information systems and networks. Exploring issues such as increasing productivity through technology, marketing in the electronic environment, and regulatory concerns will equip managers to direct business development while optimizing the human use of technology.

Marketing research is the systematic planning, collecting, analyzing and reporting of data relevant to marketing decisionmaking. In this course students will: a) gain familiarity with the tools and ethics of marketing research; b) learn by doing; ie. Design and execute a significant research project; and c) interpret and present the research results in a manner that allows the decision-maker to address his/her marketing problem or opportunity.

This course creates awareness of the nature, development and implications of the powerful spread of trade and finance flows across the modern world. It analyses the positive and negative aspects of globalization and alerts students to the opportunities for responsible extension of economic activities (trade in particular) to countries, regions and parts of the world very different from Canada. The ethical, developmental and environmental dimensions of globalization will be integrated with the business aspects and options. Same as ECON 461.

This course examines the formation of business strategy for the small to medium-sized business in the Canadian environment. It recognizes and explores the complexities of the competitive environment in which the firm has to operate. Business strategy is an attempt to analyze the firm's internal and external environment and match the firm's resources, responsibilities, and capabilities with market opportunities. Students are required to register for both Business Core courses, BUSI 471 and BUSI 496, in the same school year. They are required to register for BUSI 471 in the Fall semester and BUSI 496 in the Winter semester of that school year. Students with credit in BUSI 404 cannot receive credit in BUSI 471.

This course provides students with the preparatory tools, guidance, knowledge and skills to successfully seek, secure, and engage in their internships. Students will develop their internship learning plans and internship search portfolio. As well, students will attend industry forums and interview field practitioners to familiarize themselves with opportunities and challenges of working in various industries and professional fields. Students will use these knowledge and skills to seek, secure, and engage in internships that will enhance their business/management skills as well as provide them with genuine career opportunities.

The internship allows students to apply in a work setting, the knowledge, tools and skills gained from a combination of theoretical and practical business/management training facilitated by the Commerce program. It consists of a 160-hour work placement with either a for-profit or non-profit organization. Grading will be based on employer evaluation and student's performance on mandatory activities and reports. Mark for the placement will be pass/fail. Students may complete their internships in either Winter or Spring semester only. No Fall placements will be accepted.

This course provides students who expect to graduate with a first concentration in business administration with the opportunity to work closely with faculty members on a project, either a research project or a practicum, which will allow them to pursue some facet of their business studies in a more concentrated way. Students are required to register for both Business Core courses, BUSI 471 and BUSI 496, in the same school year. They are required to register for BUSI 471 in the Fall semester and BUSI 496 in the Winter semester of that school year.

This course gives an opportunity to do intensive study of some area of business of particular interest to the student. Students work closely with a member of the business or economics faculty in tutorials. Students must apply in advance for directed studies to the faculty member involved.