Faculty of Engineering and Architectural Science

Optional Specialization in Management Sciences (OSMS)

Course Descriptions

ECN 801/CECN 801: Principles of Engineering Economics: Principles of economic decision analysis applied to private and public sector capital projects. Discounted cash flow methods are studied. Tax impacts of depreciation and interest charges are incorporated into decision rules. Other topics covered include: lease analysis, replacement decisions, sensitivity and break even analysis, inflation impacts and public sector project analysis.  Lect: 3 hrs. Course Weight: 1.00. Billing Units: 1. 

EMS 201: Entrepreneurship and Innovation Management: This course is designed to illustrate how successful managers implement innovation in their areas of responsibility. Students will learn the importance of leadership, entrepreneurial thinking and creativity in dealing with the changing and complex issues facing today's business enterprises. The courses will attempt to develop the individual's creative instincts and improve their capacity as agents of change within careers as independent business owners or managers within large corporations. Lect: 3 hrs. Course Weight: 1.00. Billing Units: 1.

EMS 202: Operations Management: Topics include: productivity; competitiveness and strategy; quality management; product and service design; process selection; design or work systems; learning curves; inventory management; materials requirements planning (MRP), Just In Time (JIT); maintenance and reliability. Issues in supply chain management will also be introduced such as: distribution strategies, location analysis, customer service, outsourcing decisions, buyer-supplier relationships, and information exchange, with an emphasis on emerging technology and its impact on Supply Chain Management (SCM). Lect: 3 hrs. Course Weight: 1.00. Billing Units: 1.

EMS 203: Investment Analysis: This course is designed to give students an overview of both security analysis and portfolio management. The course covers the valuation of common stock, treasury bills and bonds, the trade-off between risk and return, the efficient market hypothesis, modern portfolio theory, equilibrium pricing relationships, and the evaluation of portfolio performance. Playing an investment challenge game is a requirement of the course. Pre-requisite: EMS 303. Lect: 3 hrs. Course Weight: 1.00. Billing Units: 1.

EMS 204: Organization Design and Dynamics: This course is designed to help students develop a theoretical understanding of organizational behaviour, and to help them improve their interpersonal skills and their ability to work productively in a team. Topics include: employee motivation, job design, perception and diversity, interpersonal and organizational communication, team dynamics, leadership, industrial relations and legislation, power and organizational culture, stress, organizational commitment and job. Lect: 3 hrs. Course Weight: 1.00. Billing Units: 1.

EMS 301: Management Information Systems: Topics include algorithm analysis and design, data structures, basic algorithms for searching and sorting, recursion, and list processing. Database systems from a systems analyst perspective will give students some foundations in design and analysis of information systems (IS). In addition, the concepts, structure, benefits and problems of Enterprise Resource Planning (ERP) solutions are examined from a business perspective, as well as from a technical Information Technology perspective. This course is not available to Computer Science students. Pre-requisite: EMS 201. Lect: 3 hrs. Course Weight: 1.00. Billing Units: 1.

EMS 302: Operations Research: Topics include: the linear programming model and simplex method of solution, duality, and sensitivity analysis; transportation and assignment problems; and shortest path and maximal flow problems. In addition, probability review, Markov decision process, queuing theory, inventory models, and simulation will be covered. Pre-requisite: EMS 202. Lect: 3 hrs. Course Weight: 1.00. Billing Units: 1.

EMS 303: Managerial Accounting: In this course, students will gain a quick review of the principles of accounting and reporting to various users that are external to the organization. Topics covered provide a good balance between the concepts and procedures used in the accumulation and use of data by management accountants to facilitate planning and decision-making. Management Control is studied through the use of budgets, standards, and variance analysis, return on investment and residual income expectations. Pre-requisite: CHE 411 or ECN 801. Lect: 3 hrs. Course Weight: 1.00. Billing Units: 1.

EMS 304: Project Management: The objective of this course is to examine the fundamentals of project management within a life-cycle approach. This course will cover topics such as: project screening and selection, evaluation methods of projects, project structures, management and control, project scheduling, resource management, life-cycle costing, research and development projects, computer support for project management, and project termination. This course is not available to Civil Engineering students. Pre-requisite: EMS 204. Antirequisites: CVL 742, IND 713. Lect: 3 hrs. Course Weight: 1.00. Billing Units: 1.