FOR APPROVAL
TO:
PUBLIC
OPEN SESSION
University of Toronto Scarborough Academic Affairs Committee
SPONSOR:
Dean and Vice-Principal (Academic), Rick Halpern
CONTACT INFO: vpdean@utsc.utoronto.ca
PRESENTER:
Vice-Dean, Undergraduate, Mark Schmuckler
CONTACT INFO: vicedean@utsc.utoronto.ca
DATE:
Wednesday, January 8, 2014
AGENDA ITEM:
()
ITEM IDENTIFICATION:
Minor modifications to curriculum submitted by the Department of Management.
JURISDICTIONAL INFORMATION:
University of Toronto Scarborough Academic Affairs Committee (AAC) “is concerned
with matters affecting the teaching, learning and research functions of the Campus (AAC
Terms of Reference, Section 4).” Under section 5.6 of its Terms of Reference, the
Committee is responsible for approval of “Major and minor modifications to existing
degree programs.” The AAC has responsibility for the approval of Major and Minor
modifications to existing programs as defined by the University of Toronto Quality
Assurance Process. (UTQAP, Section 3.1)
GOVERNANCE PATH:
1. UTSC Academic Affairs Committee [For Approval] (Wednesday, January 8,
2014)
PREVIOUS ACTION TAKEN:
No previous action in governance has been taken on this item.
HIGHLIGHTS:
This package includes all minor modifications to curriculum requiring governance
approval submitted by the Department of Management for the 2014-15 academic year.
Minor modifications include new courses, changes to program requirements, changes in
course level. The Department of Management is adding 1 new course at the C-level, and
changing the level of two existing courses.
Page 1 of 5
Minor modifications to curriculum submitted by the Department of Management.
FINANCIAL IMPLICATIONS:
There are no significant financial implications to the campus operating budget.
RECOMMENDATION:
Be It Resolved,
THAT all minor modifications to curriculum in the Department of Management,
as described below and recommended by the Dean and Vice-Principal
(Academic), Professor Rick Halpern, be approved to be effective April 1, 2014
for the academic year 2014-15.
DOCUMENTATION PROVIDED:
Minor modifications to curriculum submitted by the Department of Management.
Page 2 of 5
Minor modifications to curriculum submitted by the Department of Management.
Department of Management
1. New Course
Calendar Copy:
MGSC40H3
Corporate Governance
This course examines issues in Corporate Governance in today’s business environment.
Through case studies of corporate “ethical scandals”, students will consider workplace
ethical risks, opportunities and legal issues. Students will also examine professional
accounting in the public interest as well as accounting and planning for sustainability.
Prerequisite: MGAB01H3 and MGAB02H3
Corequisite: MGSC30H3
Enrolment Limits: 40
Breadth Requirement: Social & Behavioural Sciences
Rationale:
Corporate Governance includes a study of cases with topics concerning ethical
governance and accountability, corporate sustainability and the impact on accounting and
regulation. These topics are not covered in detail in other courses in either accounting or
business law, but they are significant for any business. Students need to know how to
prepare accounting statements that comply with regulations in various jurisdictions,
which Canadian and international law impact how business is carried on, something
about sustainable business so they can set a strategic course that allows sustainability, and
the ethical implications of their business activities and the implications of those activities
for Canadian and international human rights. All of these important topics, which are not
currently covered in detail in other courses, would be covered in this new course.
Learning Outcomes:
Students will acquire a solid understanding of the legal and ethical environment for
business, corporate governance and accountability issues. They will develop an
appreciation of the complexities of accounting and planning for sustainability concerns.
As well, they will acquire an understanding of the management of ethical risks and
opportunities.
Topics Covered:
 Ethical Environment in Business
 Laws Governing Corporate Action
 The Corporation as Criminal
 International Human Rights and Local Laws in Conflict
 Governance, Accounting and Auditing Reforms
 Ethical governance and Accountability
 Professional Accounting in the Public Interest
 Accounting and Planning for Sustainability
 Approaches to Ethical Decision Making
Page 3 of 5
Minor modifications to curriculum submitted by the Department of Management.


Managing Ethics Risks and Opportunities
Accounting for Sustainability
Consultation:
Within the Department of Management. Reviewed by the Dean’s Office
2. Course Level Change
Existing Course Level and Code: MGSC22H3 Entrepreneurship
New Course Level and Code: B-level – MGSB22H3
Calendar Copy Showing Changes:
MGSC22 B22H3 Entrepreneurship
This course focuses on the skills required and issues - personal, financial, sales,
operational, personnel - entrepreneurs face as their smaller business grows from start-up
to maturity. The course should interest those who wish to own, or seek careers with, an
entrepreneurial business in either the "old" or "new" economies.
Prerequisite: MGAB03H3/(MGTB03H3) and [MGHB02H3 or [(MGTB23H3) and
(MGTB29H3)] or
[(MGTB27Y3)]
Exclusion: (MGSC22H3)/( MGTC38H3), MGT493H3, RSM493H3
Enrolment Limits: 60
Breadth Requirement: Social & Behavioural Sciences
Rationale:
During the academic year 2012 – 2013, as part of its ongoing review of the Department
of Management’s courses and programs, the Departmental Curriculum Committee
realized that the suite of courses related to Entrepreneurship could be reorganized to offer
a more logical progression, and be promoted as a coherent whole.
The change in designation for MGSC22H3 from a C-level to a B-level course is part of
an effort to offer a broader suite of entrepreneurship courses, organised in a more
coherent and progressive fashion. This course follows on logically from the brief
overview of “Entrepreneurship and New Ventures” offered in the A-level MGTA05
“Foundations of business Management” course, and functions logically as an introduction
to the further study of Entrepreneurship at UTSC.
No change is envisioned to the course’s learning outcomes, the topics to be covered, or
the methods of assessment.
Consultation:
Within the Department of Management. Reviewed by the Dean’s Office.
Page 4 of 5
Minor modifications to curriculum submitted by the Department of Management.
3. Course Level Change
Existing Course Level and Code: MGSC24H3 New Venture Creation and Planning
New Course Level and Code: D-level – MGSD24H3
Calendar Copy Showing Changes:
MGSC24D24H3 New Venture Creation and Planning
Aimed at students interested in launching their own entrepreneurial venture. The core of
the course is the development of a complete business plan which details the student's
plans for the venture's initial
marketing, finance and growth. This course provides a framework for the evaluation of
the commercial potential of business ideas.
Prerequisite: MGMA01H3/(MGTB04H3) and MGAB01H3/(MGTB05H3) and
MGAB02H3/(MGTB06H3)
Exclusion: (MGSC24H3)/(MGTC39H3)
Breadth Requirement: Social & Behavioural Sciences
Rationale:
During the academic year 2012 – 2013, as part of its ongoing review of the Department
of Management’s courses and programs, the Departmental Curriculum Committee
realized that the suite of courses related to Entrepreneurship could be reorganized to offer
a more logical progression, and be promoted as a coherent whole. The change in
designation for MGSC24H3 from a C-level to a D-level course is part of an effort to offer
a broader suite of entrepreneurship courses, organised in a more coherent and progressive
fashion. The new “Venture Capital” course will provide more extensive preparation, and
this course functions most logically as a capstone to the study of Entrepreneurship at
UTSC. No change is envisioned to the course’s learning outcomes, the topics to be
covered, or the methods of assessment.
Consultation:
Within the Department of Management. Reviewed by the Dean’s Office.
Page 5 of 5