Business Fundamentals

Faculty List

D. Goldreich, BS, MS, MSIA, PhD

Associate Professors, Teaching Stream
R. Tassone, BComm, MEd, CPA, CA

Assistant Professor, Teaching Stream
D. Richards, BA, MBA


The Rotman School of Management offers a Certificate in Business Fundamentals, available to students across Arts & Science who are interested in enhancing their discipline-specific education with an introduction to business. The four courses of the Certificate cover a range of domains across the business spectrum. The courses are taught in a manner which makes them accessible to students from a variety of core disciplines.

Registration Instructions for Faculty of Arts & Science students can be found in the Program Toolkit and Course Enrolment Instructions sections of the Arts & Science website.

General inquiries should be directed to your College Registrar's office.

Business Fundamentals Programs

Certificate in Business Fundamentals - ASCER2400

The purpose of this certificate is to provide all interested non-Rotman Commerce students in the Faculty of Arts & Science with an opportunity to obtain some basic business knowledge as part of their degree. This could be beneficial for all disciplines within the Faculty of Arts & Science as many students go on and work in a variety of businesses and industries or want some general understanding of management disciplines when entering the workforce. This will better equip students when going on the job market by helping them signal some business knowledge and greater career readiness.

The certificate is offered by the Rotman School of Management and is composed of 2.0 credits that can be taken as part of a student's elective courses within the 20.0 credits that are required to complete a Bachelor’s degree in the Faculty of Arts & Science. This certificate and included courses are not open to non-degree students.

Enrolment Requirements:

This is a limited enrolment certificate for any non-Rotman Commerce student in the Faculty of Arts & Science. A student who has completed 4.0 credits including MGT100H1 or equivalent may enrol in the Certificate.

Completion Requirements:

(2.0 credits)

Successful completion of the following four courses (or their equivalents):

  1. MGT100H1
  2. MGT201H1
  3. MGT230H1
  4. MGT250H1

No courses in the Certificate in Business Fundamentals can be taken as Credit/No Credit if they are to fulfill certificate requirements.


  • MGT100H1, MGT201H1, MGT230H1, MGT250H1 have considerable overlap with RSM100H1, RSM219H1, RSM230H1 and RSM250H1 taught in Rotman Commerce. These courses are listed as exclusions to one another.
  • Students who move from the Rotman Commerce program (BCOM) to another degree program (HBA/HBSc) within Arts & Science would be able to use any completed RSM course equivalents towards the completion of the Certificate in Business Fundamentals (e.g. RSM100H1 would be deemed equivalent to MGT100H1 as part of the Certificate in Business Fundamentals, etc).
  • Students who move from a different degree program (HBA/HBSc) within Arts & Science to the Rotman Commerce program (BCOM) would be able to count these MGT courses towards their Rotman Commerce degree (conditional on being accepted to the program based on the requirements listed in the Rotman Commerce section of the Calendar). Please note that students who are accepted to Rotman Commerce after having completed 4.0 credits are charged retroactive program fees as applicable.

Business Fundamentals Courses

MGT100H1 - Fundamentals of Management

Previous Course Number: RSM100Y1

Hours: 24L

Introduction to management and its subdisciplines. Themes include business in a Canadian context, the nature of corporations, corporate governance, organizational behavior, operations, and strategy. Not open to Rotman Commerce students.

Exclusion: RSM100H1, RSM100Y1
Breadth Requirements: Society and its Institutions (3)

MGT201H1 - Fundamentals of Financial Accounting

Hours: 24L

Introduction to financial reporting and analysis that is used by companies to organize and evaluate data in light of their organization’s goal. Emphasis is on decision-making and interpretation of financial statements and how they can be used to plan a firm’s overall business activities through the use of real-world companies. Not open to Rotman Commerce students.

Prerequisite: MGT100H1 or equivalent, or enrolment in the Actuarial Science Specialist or Major
Exclusion: RSM219H1
Breadth Requirements: Society and its Institutions (3)

MGT230H1 - Introduction to Financial Markets

Hours: 24L

This course is an introduction to financial securities and financial markets. It discusses the structure and function of financial markets, financial institutions and market participants, as well as some tools for market analysis. The objective of the course is to provide students with basic knowledge required to understand the nature of financial securities and markets and current financial issues. Not open to Rotman Commerce students.

Prerequisite: MGT100H1
Exclusion: RSM230H1, ECO358H1
Distribution Requirements: Social Science
Breadth Requirements: Society and its Institutions (3)

MGT250H1 - Fundamentals of Marketing

Hours: 24L

This course is designed to introduce students to the key principles of marketing. After taking the course, students will understand the marketing planning process, including segmentation, targeting, positioning, marketing analysis, and strategy. In addition, students will be able to make basic marketing decisions to profitably satisfy customer needs and execute marketing strategies including product development, pricing, distribution and communications. Not open to Rotman Commerce students.

Prerequisite: MGT100H1 or equivalent
Exclusion: RSM250H1
Distribution Requirements: Social Science
Breadth Requirements: Thought, Belief and Behaviour (2)

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