DOUBLE DEGREE: BBA, SPECIALIST (CO-OPERATIVE) PROGRAM IN MANAGEMENT AND FINANCE / HONOURS BSc, SPECIALIST (CO-OPERATIVE) PROGRAM IN STATISTICS, QUANTITATIVE FINANCE STREAM

Assistant Co-op Director: 
P. Brown  Email: mgmtcoop.utsc@utoronto.ca
Academic Directors:
S. Ahmed Email: mgmtss.utsc@utoronto.ca (BBA)
S. Damouras Email: sotirios.damouras@utoronto.ca  (BSc)

The Double Degree program combines the Specialist (Co-operative) Program in Management and Finance and the Specialist (Co-operative) Program in Statistics, Quantitative Finance stream. Students completing the Double Degree program will qualify to graduate with two degree designations – the Bachelor of Business Administration (BBA) and the Honours Bachelor of Science (BSc), assuming all other degree criteria are met.

The Double Degree program is a Work Integrated Learning (WIL) program that combines academic studies with paid work terms in public and private enterprises. Depending on their needs and abilities, students work in areas such as finance, insurance, data analytics, accounting, consulting, business intelligence, marketing, policy, strategic planning and entrepreneurship. The Double Degree program will equip students with a comprehensive understanding of financial markets, and develop the business and quantitative skills required to function in them.

The Double Degree program operates on a trimester schedule, featuring three terms (Fall, Winter and Summer) in each Calendar year. Students work or study in all three terms for five years, or until graduation requirements are met. It requires 11 four-month terms of study and 3 four-month work terms. Students normally begin their first work term within three to five study terms (Fall, Winter and Summer), then alternate study and work terms. Students always conclude their degree with a study term. 

Enrolment Requirements

Enrolment in the Double Degree program is limited.

1. Students applying directly from high school are admitted on the basis of academic performance. They must have completed Grade 12 English, Grade 12 Advanced Functions, and Grade 12 Calculus & Vectors. Applicants must also submit a Supplementary Application Form.

Course Guidelines for Students Admitted to Double Degree Program Directly from High School:

Students must complete the following courses in their first year of study: MGEA02H3, MGEA06H3, MATA22H3, MATA31H3, MATA37H3, MATA67H3/CSCA67H3, MGAB01H3, MGAB02H3, MGHA12H3, MGMA01H3 and MGTA38H3.

2. Students already pursuing a BBA program and degree may apply to enter this Double Degree program. The application can be made before the end of the Winter semester and/or before the end of the Summer semester. Application for admission will be considered only for the round during which the student has made the Subject POSt request. Students considering switching to the Double Degree program should consult with the Academic Directors as soon as possible.

Admission will be based on academic performance in University of Toronto courses only. Decisions are made when all grades have been received.

Students must have completed at least 5.0 credits (none of which can be designated as CR/NCR), including: MGEA02H3, MGEA06H3, MGAB01H3, MGAB02H3, MGHA12H3, MGTA38H3, MATA22H3, MATA31H3, MATA37H3, and MATA67H3/CSCA67H3.

Students who have taken MATA34H3 or [[MATA30H3 or (MATA32H3)] and [(MATA33H3) or MATA36H3]] instead of [MATA31H3 and MATA37H3] can still apply to the Double Degree program if they are taking or plan to take MATA37H3 at the time of application and could receive admission conditional on their grade in MATA37H3 being above a threshold to be specified each year.

Notes:

  1. Students MUST complete the pre-requisite of MATA67H3/CSCA67H3 in order to take MATA37H3.
  2. MATA34H3 is not a substitute for MATA31H3. Students who have completed MATA34H3 will be required to take MATA31H3 as an Extra (EXT) course before taking MATA37H3

Students may apply until they have completed up to 10.0 credits. Students who have completed more than 10.0 credits will not be able to apply to the Double Degree Program. For those who apply with more than 5.0 credits, their CGPA at the time of application will be calculated with more weight assigned to the required courses listed under the 5.0 credits.

Applicants must submit a resume and covering letter to the Management Co-op Office during the limited Subject POSt request period outlined on the Office of the Registrar website.  For information on what to include in your resume and covering letter, visit the Management Co-op website. An interview may also be required.

Requirements to Remain in the Double Degree Co-op Program

Students must satisfy both of the following two requirements:

  1. Students must maintain a CGPA of 2.5 or higher. Students whose CGPA falls below 2.5 will be placed on probation. Students on probation will be reinstated to the Double Degree program if they complete at least 2.0 credits (none of which can be designated as CR/NCR) in the following session and raise their CGPA to at least 2.5. Students who cannot get out of probation in two consecutive sessions, or whose CGPA falls below 2.3, will be removed from the Double Degree Co-op Program. Students can remain in the Double Degree non-Co-op Program or enroll in BBA Specialist Program in Management and Finance non-Coop or the BSc Specialist Program in Statistics, Quantitative Finance stream non-Co-op provided that the CGPA is 2.0 or above.
     
  2. Students must achieve a CGPA of at least 2.5 over the following courses: CSCA67H3, MATA22H3, and MATA37H3. These three courses must be taken by the time students complete 10.0 credits. Each course may be retaken once for the purpose of meeting these requirements. Students who do not meet this requirement by the time they complete 10.0 credits in the Double Degree program will have the opportunity to move to the Co-op BBA Specialist Program in Management and Finance if their CPGA is 2.5 or higher, or the non-Co-op BBA Specialist Program in Management and Finance if their CGPA is 2.0 or higher but falls below 2.50. 

Program Requirements
The Double Degree program requires the completion of 25.0 credits. 21.5 credits are core program requirements as listed below, and 3.5 further credits are required to complete degree requirements. 

NOTES: 

  1. Students who have taken STAB52H3 and STAB57H3 and then transfer to any other BBA program must also take MGEB12H3 to fulfill the program requirements.
  2. A single course may only be used once to fulfill one of the following program requirements. 

1. Communications requirement (0.5 credit)
MGTA38H3 Management Communications

2. Management requirements (5.0 credits)
MGAB01H3 Introductory Financial Accounting I
MGAB02H3 Introductory Financial Accounting II
MGAB03H3 Introductory Management Accounting
MGHB02H3 Managing People and Groups in Organizations
MGHA12H3 Human Resource Management
MGHC02H3 Management Skills
MGMA01H3 Principles of Marketing
MGMB01H3 Marketing Management
MGOC10H3 Analysis for Decision-Making
MGOC20H3 Operations Management: A Mathematical Approach

3. Science requirements (9.0 credits)
CSCA08H3 Introduction to Computer Science I
(MATA67H3)/CSCA67H3 Discrete Mathematics
CSCC37H3 Introduction to Numerical Algorithms for Computational Mathematics
MATA22H3 Linear Algebra I for Mathematical Sciences
MATA31H3 Calculus I for Mathematical Sciences
MATA37H3 Calculus II for Mathematical Science
MATB24H3 Linear Algebra II
MATB41H3 Techniques of the Calculus of Several Variables I
MATB42H3 Techniques of the Calculus of Several Variables II
MATB44H3 Differential Equations I
MATB61H3 Linear Programming and Optimization
MATC46H3 Differential Equations II
STAB52H3 An Introduction to Probability
STAB57H3 An Introduction to Statistics
STAC62H3 Probability and Stochastic Processes I
STAC67H3 Regression Analysis
STAD37H3 Multivariate Analysis
STAD57H3 Time Series Analysis

4. Economics requirements (2.0 credits)
MGEA02H3 Introduction to Microeconomics: A Mathematical Approach
MGEA06H3 Introduction to Macroeconomics: A Mathematical Approach
MGEB02H3 Price Theory: A Mathematical Approach
MGEB06H3 Macroeconomic Theory and Policy: A Mathematical Approach

5. Finance requirements (3.0 credits)
MGFB10H3 Principles of Finance
MGFC10H3 Intermediate Finance
[MGFC30H3 Introduction to Derivatives Markets or STAB41H3 Financial Derivatives]
MGFC35H3/(MGFD10H3) Investments
STAC70H3 Statistics and Finance I
STAD70H3 Statistics and Finance II

6. At least four courses (2.0 credits):
Any C- or D-level Finance courses (MGF) and/or MGEC71H3 Money and Banking.

NOTE: In selecting options and electives, students should refer to the guidelines for program breadth and depth found in the Degree Requirements section of this Calendar.

Planning your Co-op Work Terms & Academics:  
Enrollment in a Co-op program requires careful planning of both academics and work terms. Students should consult their Co-op Program Coordinator and Program Advisors, as well as review the standard co-op sequences and course maps provided during the Advancing Your Career Exploration (AYCE) course.

Co-op Work Term Requirements:  
Students must successfully complete three Co-op work terms, totaling 12 months in duration. This can be fulfilled through three separate four-month work terms. Following each work term, students are required to critically reflect on their experiences through designated reports, assignments, or presentations that aim to deepen their learning and connect insights gained on the job to their academic studies. Alternative work term lengths and sequences, including longer work terms, may be approved by the Management Co-op Office, provided the total duration meets or exceeds the minimum requirements and does not exceed a maximum of 20 months or five co-op work terms.

Students must be available for work terms during the Fall, Winter, and Summer semesters, and are required to complete at least one of their work terms in either the Fall or Winter semester. As a result, students must also take courses during the Summer semesters. 

Eligibility Requirements for Co-op Work Terms:

First Work Term – Students must:

Second Work Term – Students must have completed at least 9.0 credits and maintain a CGPA of at least 2.50.

Third Work Term – Students must have completed at least 11.0 credits and maintain a CGPA of at least 2.50.

Co-op Course Requirements:  
Co-op students complete the following Co-op-specific courses in addition to their academic program requirements. These courses have no credit weight and are considered additional beyond the 20.0 required degree credits.  

Co-op Preparation Courses (Completed in First Year):

Co-op Work Term Courses:

Students must complete COPC71H3 – Management Co-op Work Term 1 and at least two of the following co-op work term courses:

  • COPC72H3 – Management Co-op Work Term 2
  • COPC73H3 – Management Co-op Work Term 3
  • COPC79H3 – Entrepreneurial Co-op Work Term  
  • COPC80H3 – International Co-op Work Term

Co-op work term courses should not be taken concurrently with academic courses. Exceptions require consultation with the Management Co-op Office.

Additional Work Term Courses:

After successful completion of the three required work terms, students interested in pursuing additional work terms require approval from the Management Co-op Office. Access to the Co-op job portal is restricted to students completing their required work terms. Students who have fulfilled their required work terms are not eligible to access the Co-op job portal. Additional work terms are subject to an additional Co-op fee.  

  • COPC74H3 – Management Co-op Work Term 4
  • COPC75H3 – Management Co-op Work Term 5

In some cases, a student’s final required work term may be extended, resulting in a combined third and fourth (or fifth) work term. These extended terms follow the standard work term approval process.