Bachelor of Commerce (BCom) Degree Requirements
This is a four-year Honours program. To qualify for a Bachelor of Commerce degree, a student must:
- Complete twenty full-course equivalents, including no more than six 100-series courses;
- Complete one of the Specialist programs – Accounting, Finance & Economics, or Management;
- Complete the Breadth Requirement for BCom students (see below);
- Obtain standing (i.e., complete with a grade of 50% or more or CR) in at least six 300- or 400-series courses, including at least one 400-series course. No more than one 300+ series transfer credit may be counted towards these six. (Students participating in an approved exchange program may count ALL 300+ transfer credits from the exchange towards the required six.);
- Achieve a cumulative GPA of 1.85 or more by the time of graduation.
BCom Breadth Requirements
The purpose of the Breadth Requirement is to ensure all students graduating with an Honours degree from the Faculty of Arts & Science have chosen courses across a broad range of subject areas in the Faculty as part of their undergraduate education.
- Creative and Cultural Representations
- Thought, Belief, and Behaviour
- Society and Its Institutions
- Living Things and Their Environment
- The Physical and Mathematical Universes
Rotman Commerce students are required to fulfill specific breadth requirements in order to complete the Bachelor of Commerce degree program. The requirements are as follows:
- Complete at least 4.0 full-course equivalents (FCEs) that have been designated as satisfying the Breadth Requirement (note that some courses do not have a breadth designation and cannot be used to satisfy the Breadth Requirement). The 4.0 FCEs must include:
1. At least 1.0 FCE from Category 1 (Creative and Cultural Representations).
2. At least 3.0 FCEs from the remaining categories (i.e. categories 2, 3, 4 and 5), accomplished by either:
A. Completing at least 1.0 FCE in each of any three of the four remaining categories (for example, 1.0 FCE in each of categories 2, 3 and 5)
B. Completing 1.0 FCE in each of two of the remaining categories, AND, .50 FCE in each of the other two (for example, 1.0 FCE in Category 2; .50 FCE in Category 3; .50 FCE in Category 4; and 1.0 FCE in Category 5)
BCom Specialists Requirements
Specialist in Accounting
The Rotman Commerce Accounting Specialist program exists to provide in-depth accounting education to students wishing to pursue careers or graduate studies in accounting. Students enrolled in the specialist must choose one of the two streams: Public Accounting or Financial Reporting and Control. Both streams of the Specialist in Accounting consist of 15 credits out of the 20 credit BCom degree.
>> View Accounting Specialist Overview
>> Download Accounting Specialist Checklist
Specialist in Finance and Economics
This program is designed for those who wish to pursue graduate studies or a career in finance or economics. The program consists of 13.5 credits out of the 20 credit BCom degree.
>> View Finance and Economics Specialist Overview
>> View Finance and Economics Specialist Checklist
Specialist in Management
This program is intended for students who wish to pursue either a broad business program, or who are interested in concentrating in Marketing, Organizational Behaviour, Strategy, or Operations Management. The program consists of 12 credits out of the 20 credit BCom degree.
- Note: The admission requirements and tuition fees are the same for the three Specialist programs. Rotman Commerce fees override any other program fees. Please visit the University of Toronto Student Accounts website for more information.
Majors and Minors
Additional Faculty of Arts & Science (FAS) Programs – Optional
With over 200 programs offered within the Faculty of Arts & Science, the option to combine another program with a Rotman Commerce specialist represents a compelling choice to consider.
The range of minor and major programs includes the following examples:
Thinking about doing a Minor or Major?
Students ought to take into account five key aspects to determine whether pursuing an additional program is a desirable option:
- Plan EarlyIt is important to establish early in one’s undergraduate studies what programs may be of interest in order to take the appropriate prerequisite courses in first-year. Since upper year courses typically require entry level prerequisites, early program planning will help students fully optimize credits as there are a limited number of non-business electives (non-RSM courses) in each Rotman Commerce specialist.
- Determine electives in Rotman Commerce specialistsThe quota of required non-business electives varies depending on the program specialist:
Program Specialist Electives (non-RSM courses) Accounting 5.0 FCEs Finance & Economics 2.5 FCEs Management 4.0 to 5.0 FCEs
Once the number of electives within each specialist has been determined- which can be utilized to fit-in another set of program requirements- students can realistically assess whether they wish to pursue this option and plan accordingly.
- Understand the types of Faculty of Arts & Science programsThe feasibility of pursuing an FAS program with a Rotman Commerce specialist may depend on the extent of FAS program requirements involved:
- Determine Double-counting courses optionsIn some cases a course can be used to satisfy a specific program requirement between two separate programs (i.e. multiple Subject POSts), which is referred to as double-counting. Double-counting is an opportunity to reduce the number of required credits for completing an additional program.Double-counting in action: Two case studiesCase 1 – Economics minor with an Accounting specialist
Result: 4.0 credits for an Economics minor are included in the Accounting specialist (note: this also applies to the Management specialist).
Case 2 – Psychology minor with a Management specialist
Result: 1.5 of the 4.0 credits for a Psychology minor can be double-counted with a Management specialist.
- Consult an Academic AdvisorAttempting to complete a minor or major may involve going beyond 20 degree credits. It is not only important for students to receive assistance with reviewing program requirements and to study opportunities for double-counting courses, but to also discuss important questions and issues that may stem from such a plan. For example, in what ways will additional requirements impact a student’s timetable and program progression? Could graduation plans be delayed? What are the financial and career implications for completing summer courses? How does one measure the overall value of whether to pursue a minor or major? These are just a sample of questions that should be addressed with an advisor to clarify academic goals and to develop an optimal academic plan.