Academic Programs Committee of Council Course Challenge Dec. 22, 2008 Edwards School of Business Items for approval through the University Course Challenge: new course, program revisions, and prerequisite changes Schedule for approval: Date of circulation: Dec. 22, 2008 Date by which Challenge must be received: Jan 12, 2009 Date by which changes will automatically be considered approved in the absence of Challenge: Jan. 26, 2009 Undergraduate & Certificate Programs Office Phone: 306‐966‐4785 Fax: 306‐966‐5408 MEMORANDUM MEMO TO: Gordon Hill, Chair Academic Programs Committee Cathie Fornssler, Secretary Academic Programs Committee MEMO FROM: Alison Renny, Assistant Dean Edwards School of Business Undergraduate Curriculum Committee Edwards School of Business DATE: December 15, 2008 RE: Approval requested for Edwards School of Business Curriculum Changes The Faculty of the Edwards School of Business is asking the Academic Programs Committee of Council to approve the following: 1. New Finance course: COMM 465.3 – Financial Modelling with Spreadsheets. This course applies spreadsheet software to analyze corporate and investment finance theory. Consideration will be given to good model building practices such as model structure, cell reference, array labeling, unit of measurement choice, function usage, and macro usage. Particular attention will be paid to the topics of decision analysis, sensitivity analysis, estimation and forecasting, optimization, and simulation. Prerequisites: COMM 363 and COMM 367 Proposed instructor: Craig Wilson Rationale: This course applies spreadsheet software to analyse corporate and investment finance theory. COMM 465 will help students develop a deeper understanding of financial theory and applications. It will also better prepare them for the workplace, since spreadsheet analysis is a standard tool used in the financial industry. Approval Process: Edwards School of Business Faculty – approved December 12, 2008 ESB Undergraduate Curriculum Committee – approved November 25, 2008 Department of Finance and Operations Management – approved November 18, 2008 2. Changes to the Management Major The course elective changes within the Management Major were necessary because of new course offerings, deletion of courses, and accessibility of courses to all majors.. Management Major consists of 30 credits from subject Groups 1-6, with a minimum of 3 credits from 5 of the 6 groups and a maximum of 9 credits from each of Groups 1 - 5 (and at least 3 credits must be an the 400 level). 1. MKT 2. ACC Current MGT Major COMM 352 COMM 354 COMM 357 COMM 451 COMM 308 COMM 321 COMM 323 COMM 337 COMM 405 COMM 438 Revised MGT Major COMM 352 COMM 354 COMM 357 COMM 451 COMM 456 COMM 321 COMM 323 COMM 405 3. FIN COMM 329 COMM 363 COMM 364 COMM 367 COMM 368 COMM 466 COMM 329 COMM 363 COMM 364 COMM 367 COMM 368 COMM 466 4. HRM COMM 342 COMM 348 COMM 382 COMM 383 COMM 386 COMM 441 COMM 485 COMM 488 COMM 342 COMM 348 COMM 382 COMM 383 COMM 381 COMM 441 COMM 485 COMM 488 5. OM COMM 393 COMM 395 COMM 491 COMM 493 COMM 495 COMM 393 COMM 395 COMM 491 COMM 493 COMM 495 6. MGT COMM 340 COMM 345 COMM 346 COMM 347 COMM 446 COMM 349 COMM 447 COMM 340 COMM 345 COMM 346 COMM 347 COMM 349 COMM 447 Approval Process: Edwards School of Business Faculty – approved December 12, 2008 ESB Undergraduate Curriculum Committee – approved November 25, 2008 Department of Management and Marketing – approved November 18, 2008 3. Changes to the Finance Major New course offering – COMM 465.3 added as an elective to the Finance Major. The Finance Major requires 21 credit units. Required Courses (9 credits units): COMM 363.3, COMM 367.3, COMM 461.3 Elective Courses (12 credit units): (at least 6 credits of electives must be at 400 level) COMM 364.3, COMM 368.3, COMM 419.3, COMM 429.3, COMM 465.3, COMM 466.3, COMM 467.3, COMM 469.3 Approval Process: Edwards School of Business Faculty – approved December 12, 2008 ESB Undergraduate Curriculum Committee – approved November 25, 2008 Department of Finance and Operations Management – approved November 19, 2008 4. Elimination of COMM 303.3 and BTMG 400.6 COMM 303.3 was removed as part of our core curriculum in 2006. ESB no longer offers any sections of this class. COMM 300.3 was last offered in the winter of 2007. BTMG 400.6 was the honours course that was an option within the Biotechnology Management Major. As the major is currently going through the elimination process (deletion not yet approved by Academic Programs Committee), there is no reason to keep BTMG 400.6 in the course calendar. Approval Process: Edwards School of Business Faculty – approved December 12, 2008 ESB Undergraduate Curriculum Committee – approved November 25, 2008 Department of Management and Marketing – approved November 18, 2008 5. Changes to Prerequisites/Co-requisite/Notes for COMM courses As part of the implementation of prerequisite and co-requisite checking within SiRIUS, the attached changes have been approved by the various departments with which the classes are associated . PREREQUISITE & CO-REQUISITE CHANGES approved December 12, 2008 Current prerequisite or co-requisite General (no department) COMM 209.0 - COMM 109.0 and 2nd year standing in ESB COMM 380.0 - 3rd year standing in ESB and acceptance to BCEP program and approved work placement Updated change to prerequisite or co-requisite COMM 109 acceptance to BCEP program and an approved work placement. Permission of director of BCEP program Finance & Management Science Dept. COMM 104 - corequisite of MATH 110 or MATH 121 COMM 363 - COMM 203 and permission of the department delete MATH 121 or 110 as corequisite COMM 364 - COMM 203 and permission of the department COMM 203 and COMM 207 and permission of department COMM 367 - COMM 203 and permission of the department COMM 203 and COMM 207 and permission of department COMM 368 - COMM 203 and permission of the department. Recommended COMM 363 COMM 395 - COMM 104 COMM 203 and COMM 207 and permission of department COMM 419 - f COMM 203, COMM 363 and permission of the department COMM 363, COMM 367 and permission of department COMM 461 - COMM 207, COMM 363, COMM 367 and permission of department COMM 363, COMM 367 and permission of department COMM 466 - COMM 203, COMM 363 and permission of the department COMM 363 and permission of the department COMM 467 - COMM 203, COMM 367 and permission of the department COMM 367 and permission of the department COMM 469 - COMM 367 and permission of the department COMM 363 or COMM 367 and permission of department Management & Marketing Dept COMM 340 - 3rd year standing in Edwards School of Business completion of 30 COMM credits OR permission of department. OMM 346 - 60 credit units at the university or 3rd year standing in ESB with priority given to students in the biotechnology program COMM 347 - 3rd year standing in the Edwards School of Business COMM 203 and COMM 207 and permission of department COMM 207 completion of 30 COMM credits OR permission of department. completion of 30 COMM credits OR permission of department. COMM 401 - open to BCOMM students in their graduating year COMM 447 - COMM 349 is a prerequisite COMM 451 - COMM 204 or 200, 352 and 354 or permission of the department Department of Industrial Relations and Organizational Behaviour COMM 402 - open to BCOMM students in their graduating year Department of Accounting COMM 405 - 4th year standing in Edwards School of Business, COMM 210 and permission of department COMM 407 - COMM 321, COMM 406 and permission of the department No prerequisite on system. Note: Open to BCOMM students in their graduating year COMM 349 be changed from a prereq to a coreq for COMM 447 COMM 352, COMM 354 and permission of department No prerequisite on system. Note: Open to BCOMM students in their graduating year COMM 210 and permission of department COMM 406 and permission of the department COMM 412 - COMM 323 and permission of the department. Note: It is highly recommended that students take COMM 412 and COMM 413 in the same term COMM 413 - COMM 323 and permission of the department. Note: It is highly recommended that students take COMM 412 and COMM 413 in the same term COMM 420 - COMM 201, 210, 321 and 323 and permission of the department COMM 323 and permission of the department. Delete note COMM 438 - COMM 308 and corequisite of COMM 401 and permission of the department COMM 308 and permission of the department COMM 323 and permission of the department. Delete note COMM 210 and COMM 323 and permission of the department Approval Process: Edwards School of Business Faculty – approved December 12, 2008 ESB Undergraduate Curriculum Committee – approved October 27, 2008 and November 25