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Economics & Management Science

During your first year at the School of Business Management, you'll acquire the foundational business knowledge that prepares you to specialize in a major.

Major Overview

In this program you will become well-versed in economic analysis and quantitative skills, which are essential to successful management decision-making in today’s fast-paced, global economy.

The principles and methods of economic analysis are applicable to many types of enterprises, including private sector firms, public utilities, government agencies, and nonprofit organizations. The EMS major is designed to meet the need for professionals with well-developed analytical and model-building skills. The EMS major also prepares you for graduate studies in a variety of business and economic fields.

How You Earn This Degree

Business management students must complete a total of 42 credits comprising Required, Required Group or Professional Elective, Professionally-Related and Liberal Studies courses. The curriculum provides you with a general overview of business in society, introduces you to all of the basic business functions, and develops awareness of social, human and economic issues through the introduction of the liberal studies.

Business management students must complete a total of 42 credits which comprise of Required, Required group or Professional elective, Professionally-Related and Liberal Studies courses.
Business management students must complete a total of 42 credits which comprise of Required, Required group or Professional elective, Professionally-Related and Liberal Studies courses.
Business management students must complete a total of 42 credits which comprise of Required, Required group or Professional elective, Professionally-Related and Liberal Studies courses.

Curriculum Overview

Year 1: Begin common courses, pick your major; Year 2: start specialized studies; year 3: apply for co-op option, start work terms; year 4: graduate with a B.Comm

1st Semester

REQUIRED:

ACC 100 Introductory Financial Accounting
BUS 100* Strategies for Success
ECN 104 Introductory Microeconomics
ITM 102 Business Information Systems I
QMS 102 Business Statistics I


LIBERAL STUDIES:

One course from Table A - Lower Level Liberal Studies.

2nd Semester

REQUIRED:

ACC 406 Introductory Management Accounting
ECN 204 Introductory Macroeconomics
GMS 200 Introduction to Global Management
MHR 523 Human Resources Management
MKT 100 Principles of Marketing
QMS 202 Business Statistics II

 

* This course is graded on a pass/fail basis.

Note: Students planning to enter the Marketing Management Major must obtain a grade of at least 2.67 (B-) in MKT 100.

Business Management students must declare their Major prior to course intentions in March of their first year. How to Change your Plan / Major.

Direct Entry students will normally be admitted into 5th semester (3rd Year) of this program. Students should refer to their Offer of Admission for details. 

3rd Semester

REQUIRED:

CMN 279 Introduction to Professional Communication
FIN 300 Managerial Finance I
GMS 401 Operations Management
LAW 122 Business Law
QMS 702 Calculus for Business


LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.  

 

4th Semester

REQUIRED:

CMN 279 Introduction to Professional Communication
ECN 230 Mathematics for Economics
FIN 401 Managerial Finance II
LAW 122 Business Law
QMS 442 Multiple Regression for Business


LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.
 

CMN 279 and LAW 122 will be timetabled either in the 3rd or 4th semester.

REQUIRED:

ECN 301 Intermediate Macroeconomics I
ECN 504 Intermediate Microeconomics I
ECN 600 Intermediate Macroeconomics II
ECN 627 Econometrics I
ECN 700 Intermediate Microeconomics II
QMS 703 Business Forecasting Techniques


LIBERAL STUDIES:
Two courses from Table B - Upper Level Liberal Studies.

PROFESSIONALLY-RELATED: Two courses from Table I.
Course selection must not include any courses with an ECN prefix.

REQUIRED:

BUS 800 Strategic Management


LIBERAL STUDIES¶:
One course from Table B - Upper Level Liberal Studies.

PROFESSIONAL: Four courses from the following:

ECN 321 Introduction to Law and Economics
ECN 501 Industrial Organization
ECN 502 Economics of Energy and Natural Resources
ECN 506 Money and Banking
ECN 510 Environmental Economics
ECN 601 The Economics of Information
ECN 605 Labour Economics
ECN 606 International Monetary Economics
ECN 610 The History of Economic Thought
ECN 614 An Introduction to Game Theory
ECN 620 Applied Economic Analysis
ECN 630 Economic History
ECN 640 The Economics of Immigration
ECN 702 Econometrics II
ECN 703 Public Sector Economics
ECN 707 Economics of International Trade
ECN 710 Transportation Economics
ECN 715 Advanced Microeconomics
ECN 721 International Financial Markets
ECN 724 Advanced Econometrics
ECN 803 Canadian Tax Policy
ECN 808 Economic Growth and Technological Change
ECN 815 Advanced Macroeconomics
ECN 821 Country Risk Analysis


PROFESSIONALLY-RELATED: Three courses from Table I.
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL or PROFESSIONALLY-RELATED:
One course from Professional Table above or Table I.

¶ Offered in Fall term only.

Curriculum Overview

1st Semester

REQUIRED:

ACC 100 Introductory Financial Accounting
BUS 100* Strategies for Success
ECN 104 Introductory Microeconomics
ITM 102 Business Information Systems I
QMS 102 Business Statistics I


LIBERAL STUDIES:

One course from Table A - Lower Level Liberal Studies.

2nd Semester

REQUIRED:

ACC 406 Introductory Management Accounting
ECN 204 Introductory Macroeconomics
GMS 200 Introduction to Global Management
MHR 523 Human Resources Management
MKT 100 Principles of Marketing
QMS 202 Business Statistics II

 

* This course is graded on a pass/fail basis.

Note: Students planning to enter the Marketing Management Major must obtain a grade of at least 2.67 (B-) in MKT 100.

Business Management students must declare their Major prior to course intentions in March of their first year. How to Change your Plan / Major.

The Economics and Management Science Major offers an optional co-op program which provides graduates with 16 months of work experience integrated into their academic program. Students wishing to be considered for this program must apply for admission into the co-op option during the fifth semester of the program.

Admission into the co-op program is based on the following four items:

  1. Minimum CGPA of 3.0 (or higher). Subject to competition, grades above the minimum may be required
  2. Evidence of superior oral and written communication skills
  3. Interview with the Faculty Advisor
  4. Resume/CV

Students commence work terms upon completion of third year of the Business Management program and the co-op option extends the Economics and Management Science major to five years from four. The Economics Department cannot guarantee work term jobs, but the Office of Co-operative Education and the Department will prospect for employers and make every effort to locate suitable positions, as well as be available to advise students on their search for program-related jobs. The co-op program enables students to earn prevailing wages for the level of responsibility and contribution of the jobs they perform and thus finance at least part of their university education.

The sequencing of academic and work terms is shown below. Please be advised that this schedule may be subject to revisions.

3rd Semester

REQUIRED:

CMN 279 Introduction to Professional Communication
FIN 300 Managerial Finance I
GMS 401 Operations Management
LAW 122 Business Law
QMS 702 Calculus for Business


LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.  

 

4th Semester

REQUIRED:

CMN 279 Introduction to Professional Communication
ECN 230 Mathematics for Economics
FIN 401 Managerial Finance II
LAW 122 Business Law
QMS 442 Multiple Regression for Business


LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.

CMN 279 and LAW 122 will be timetabled either in the 3rd or 4th semester.

REQUIRED:

ECN 301 Intermediate Macroeconomics I
ECN 504 Intermediate Microeconomics I
ECN 600 Intermediate Macroeconomics II
ECN 627 Econometrics I
ECN 700 Intermediate Microeconomics II
QMS 703 Business Forecasting Techniques


LIBERAL STUDIES:
Two courses from Table B - Upper Level Liberal Studies.

PROFESSIONALLY-RELATED: Two courses from Table I.
Course selection must not include any courses with an ECN prefix.

Begins 2017-2018

REQUIRED:

BUS 800 Strategic Management


LIBERAL STUDIES¶:
One course from Table B - Upper Level Liberal Studies.

PROFESSIONAL: Four courses from the following:

ECN 321 Introduction to Law and Economics
ECN 501 Industrial Organization
ECN 502 Economics of Energy and Natural Resources
ECN 506 Money and Banking
ECN 510 Environmental Economics
ECN 601 The Economics of Information
ECN 605 Labour Economics
ECN 606 International Monetary Economics
ECN 610 The History of Economic Thought
ECN 614 An Introduction to Game Theory
ECN 620 Applied Economic Analysis
ECN 630 Economic History
ECN 640 The Economics of Immigration
ECN 702 Econometrics II
ECN 703 Public Sector Economics
ECN 707 Economics of International Trade
ECN 710 Transportation Economics
ECN 715 Advanced Microeconomics
ECN 721 International Financial Markets
ECN 724 Advanced Econometrics
ECN 803 Canadian Tax Policy
ECN 808 Economic Growth and Technological Change
ECN 815 Advanced Macroeconomics
ECN 821 Country Risk Analysis


PROFESSIONALLY-RELATED: Three courses from Table I.
Course selection must not include any courses with an ECN prefix.

PROFESSIONAL or PROFESSIONALLY-RELATED:
One course from Professional Table above or Table I.

¶ Offered in Fall term only.

The sequencing of academic and work terms is shown below. Please be advised that this schedule may be subject to revisions.

  Fall Winter Spring/Summer
Year 1 1st Semester 2nd Semester  
Year 2 3rd Semester 4th Semester  
Year 3 5th Semester 6th Semester WKT 125
Work Term I
Year 4 WKT 225
Work Term II
WKT 325
Work Term III
WKT 425
Work Term IV
Year 5 7th Semester 8th Semester  

Work terms are graded on a pass/fail basis. Each work term is assessed by the Co-op Faculty Advisor on the basis of the student's comprehensive written report and the employer's evaluation of the student's performance on the job.

NOTE: Students are expected to follow the sequence prescribed for their program. Deviation from the sequence requires the submission of a formal request to the Co-op Faculty Advisor and approval from the School. With permission from the School/Department, students may be allowed to graduate with the co-op endorsement with fewer than the prescribed work terms.

Part-time Program

The part-time program is offered to accommodate students who intend to take the degree at a slower pace than the full-time day program, due to the demands of daytime employment and/or family obligations. Part-time students fulfill their course requirements primarily in the evenings by enrolling in courses through the G. Raymond Chang School of Continuing Education for the first six semesters, and through The Ted Rogers School of Business Management evening course offerings for semesters seven and eight. Part-time students are entitled to enroll in a maximum of three courses per semester.

Minors

A minor is an opportunity for you to explore a secondary area of undergraduate study either for personal interest beyond your degree program, or as an area of expertise related to the your degree that will serve your career choice. Learn more about minors.

Examples of Careers Students May Pursue After Graduation

Commodity specialist 
Business analyst
Data analyst
Information officer
Foreign currency investment advisor
Operations officer 
Economist 
Business analyst 

Co-op Opportunities

Co-operative education at the Ted Rogers School of Management and Ryerson University is a program designed to provide students with work experiences that complement their academic studies. It gives them the opportunity to connect their knowledge and skills to the world around them. Co-op integrates a student’s academic learning with workplace learning in fields relevant to the student’s academic and professional goals.

Students are required to meet the minimum cumulative grade point average (CGPA) of 3.0 at the end of their first year of study as part of the academic requirements for the Co-op option.

Business Management 3.00

Business Management Office

Penny Shahzadi

TRS 1-004

416-979-5000 Ext. 3876

p.shahzadi@ryerson.ca

Academic Success

TRSM offers a wide range of services to help you succeed. 

Awards & Scholarships

To recognize student excellence, TRSM and Ryerson offer many awards and scholarships to undergraduate and graduate students.