Ryerson Foundations of Management
Curriculum - Foundation Courses
The Foundations of Management Program has six (6) required courses that contribute to the "Professional Achievement in Management" credential from the Ted Rogers School of Management. These courses are offered over three semesters and are taken in the order presented below. Students will take two (2) courses per semester.
FMG 901 - Foundations of Marketing
This course demonstrates the history and role of marketing and its relationship to and integration with other business functions. Fundamental marketing principles, including the global and domestic external environment, target marketing, positioning, segmentation, consumer and corporate behaviour, research, product, price, distribution and promotions as well as specific quantitative marketing decision making tools will be reviewed in terms of value creation for stakeholders. Micro and macro marketing strategies including global and ethical issues and challenges are reviewed. [3 hours]
FMG 902 - Foundations of Management
This course provides fundamentals of non-financial management functions from an organizational structure, activity and context perspective and includes discussions of the history of management thought, business law, corporate governance and the roles and responsibilities of managers and executives. Principles of organizational behaviour / human resources and their relationship to operations, management information systems, technology and entrepreneurship are considered. [3 Hours]
FMG 903 - Foundations of Quantitative Methods
This course provides students basic statistical and decision making tools for strategic global and domestic business decisions, in the context of today's information technology framework, building on previous business knowledge. Students learn to apply a variety of computer based tools for statistical analysis of business problems and develop a broader understanding of the role of information technology to support strategic, predictive and analytical methods in business. [3 Hours]
FMG 904 - Foundations of Accounting
This course provides students accounting fundamentals from a business perspective including balance sheets, income statements, cash flow statements, retained earnings, depreciation, receivables, inventory, amortization, deferred taxes, goodwill and generally accepted accounting principles. A variety of managerial models including cost-volume profit, activity based costing, economic value- added, transfer pricing, overhead allocation and balanced scorecard that are used in accounting decision making are reviewed in the context of previous business knowledge, business strategy, control systems and the global and domestic environment. [3 Hours]
FMG 905 - Foundations of Economics
This course provides a micro and macro- economic perspective on business decision making in the global and domestic environment. This course develops the fundamental tools of economic analysis essential for understanding marketing and relates them to managerial decision making. The economic concepts of business cycles, growth, inflation, credit, interest rates, monetary and fiscal policies are examined. International, input and product markets, foreign and domestic investments, multinationals, mergers and acquisitions and exchange rates are considered in the context of previous business knowledge. [3 Hours]
FMG 906 - Foundations of Finance
This course provides the fundamentals of finance for the manager of an enterprise in the domestic and global business environment. Concepts including shareholder wealth maximization, financial statement analysis and interpretation, ratios, time value of money, discounted cash flow analysis, valuation of financial assets, value of equity, interest rate analysis, value of debt and bond valuation will be addressed in the context of previous business knowledge. [3 Hours]
Fees: $1,414.34 per course.
Courses commence January, 2013. Room TBA.
