Last updated: July 14, 2008 @ 09:00AM

Management

Master of Science in Management

Fields of Specialization
Accounting
Finance
Management Science
Marketing

Interim Dean
Barbara Sainty
Faculty of Business

Associate Dean, Graduate Studies
Donald Cyr
Faculty of Business

Graduate Faculty

Professors Emeriti
Thomas H. Barnes (Finance, Operations and Information Systems), J. Robert Hanrahan (Finance, Operations and Information Systems), Kenneth E. Loucks (Marketing, International Business and Strategy)

Professors
Barbara J. Austin (Marketing, International Business and Strategy), A. Tansu Barker (Marketing, International Business and Strategy), Sheng Deng (Marketing, International Business and Strategy), Martin I. Kusy (Finance, Operations and Information Systems), William W. Liddell (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Teresa V. Menzies (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Raafat R. Roubi (Accounting), Carol Sales (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Robert Welch (Finance, Operations and Information Systems)

Associate Professors
Ian Adamson (Accounting), Mohamed Ayadi (Finance, Operations and Information Systems), Darlene Bay (Accounting), Ernest Biktimirov (Finance, Operations and Information Systems), Danny Cho (Finance, Operations and Information Systems), Gail L. Cook (Accounting), Carman W. Cullen (Marketing, International Business and Strategy), Louis Culumovic (Accounting), Donald Cyr (Finance, Operations and Information Systems), Dirk De Clercq (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Maureen Donnelly (Accounting), Paul Dunn (Accounting), Fayez Elayan (Accounting), Sandra M. Felton (Accounting), Hemantha Herath (Accounting), Eugene Kaciak (Finance, Operations and Information Systems), Kenneth Klassen (Finance, Operations and Information Systems), Eli Levanoni (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Herbert MacKenzie (Marketing, International Business and Strategy), E. Sharon Mason (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Bülent Mengüç(Marketing, International Business and Strategy), H. Brian W. Metcalfe (Marketing, International Business and Strategy), Diane Miller (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Thomas M. Mulligan (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Patricia M. Myers (Accounting), Ronald H. Rotenberg (Marketing, International Business and Strategy), Kojo Saffu (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Barbara Sainty (Accounting), Paul Scarbrough (Accounting), Anamitra Shome (Accounting), Linda Stillabower (Accounting), John Walker (Finance, Operations and Information Systems), J. David Whitehead (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Barry Wright (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Peter Yannopoulos (Marketing, International Business and Strategy), Allister Young (Accounting), Deborah Zinni (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics)

Assistant Professors
Anteneh Ayanso (Finance, Operations and Information Systems), Donald Brown (Accounting), Dipanjan Chatterjee (Finance, Operations and Information Systems), Anthony Halog (Finance, Operations and Information Systems), Calvin Hayes (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Zhongzhi He (Finance, Operations and Information Systems), Sahn-Wook Huh (Finance, Operations and Information Systems), Shibing (Marshall) Jiang (Marketing, International Business and Strategy), Mark Julien (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Antonia Mantonakis (Marketing, International Business and Strategy), Pascale Lapointe-Antunes (Accounting), Skander Lazrak (Finance, Operations and Information Systems), Jingyu (Jennifer) Li (Accounting), Dominic Lim (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), James Moore (Accounting), Alex Nikitkov (Accounting), Chang Hoon Oh (Marketing, International Business and Strategy), Ben Omrane (Finance, Operations and Information Systems), Onem Ozocak (Finance, Operations and Information Systems), Parunchana Parchan (Accounting), Unyong Pyo (Finance, Operations and Information Systems), Sampsa Samila (Marketing, International Business and Strategy), Narongsak Thongpapanl (Marketing, International Business and Strategy), Samir Trabelsi (Accounting), Francine Vachon (Finance, Operations and Information Systems), Maxim Voronov (Marketing, International Business and Strategy), Kai-Yu Wang (Marketing, International Business and Strategy), Reena Yoogalingam (Finance, Operations and Information Systems)

Director of Graduate Programs
Shari Sekel
905-688-5550, extension 3916
Taro 461A
http://www.bus.brocku.ca/msc

International Co-ordinator, Graduate Programs
Jingtao (Teresa) Feng
905-688-5550, extension 4157
Taro 458

Recruitment Officer, Graduate Programs
Andrea Navin
905-688-5550, extension 5362
TA 456

Administrative Assistant, Graduate Programs
Mary Froese
905-688-5550, extension 4156
Taro 461

Program Description
The Master of Science in Management (MSc) program allows students with relevant undergraduate degrees to further focus their studies in a particular functional area of business. Research-oriented programs, such as the MSc, respond to an increasing demand on the part of industry and government for researchers and consultants in the various disciplines of business. In addition, they prepare students for graduate studies in business at the doctoral level.

The MSc in Management will provide for an advanced-level conceptual foundation in a student's chosen field, and allow for the pursuit of highly focused research through a master's level thesis. Specifically, the MSc in Management will promote the acquisition of advanced knowledge in an area of specialization and the development of advanced theoretical or practical research skills. The program gives explicit attention to the role of the specialization areas in managerial and organizational contexts. The thesis requirement in the program requires that students demonstrate personal integration of, and original intellectual contribution to, a field of knowledge.

The specialized streams offered in the MSc program are Accounting, Finance, Management Science and Marketing depending on student demand. Please be aware that, although we will endeavour to offer the specialty streams in the MSc each year, the possibility exists that a stream may not be offered if there is insufficient student interest.

Admission Requirements
Successful completion of an Honours Bachelor's degree, or equivalent, in a business discipline, closely related to the student's MSc field of interest, with an overall average of not less than B+ (78). A minimum score of 550 on the Graduate Management Admissions Test (GMAT) is required. Where applicants have a primary language other than English or who have a degree from a university where the primary language of instruction was not English, a minimum TOEFL score of 600, or TOEFL CBT of 230 and TWE of 4.5 is required. However, a TOEFL score (or equivalent) of 620 is recommended.

Although a minimum score of 550 on the GMAT exam is preferred for entry into the program, candidates who have attained a minimum of the 70th percentile on the GRE general exam component will also be considered.

In exceptional cases, graduates of other disciplines may be considered for admission to the program. The other discipline must be closely related to the student's field of interest in the MSc program. In these cases, the students may be required to complete additional business courses at the undergraduate level.

While each of these general criteria is important, an applicant's entire profile of academic and professional achievement will be evaluated. Strengths in one or more areas may compensate for weakness in another.

The Graduate Admissions Committee will review all applications and recommend admission for a limited number of suitable candidates. Admission is subject to availability of core faculty supervision in the requested area of specialization.

Students interested in part-time study should consult the Graduate Program Director.

Degree Requirements
Students must complete a total of 4.5 credits which includes required courses, field of specialization courses (outlined below), and an elective course. The required courses include: MSCM 5P01, 5P02, 5P90 and 5F90 as well as the non-credit Research Seminars MSCM 5N01, 5N02, 5N03 and 5N04.

As part of their program, each student must complete, and defend at a public oral examination, a thesis (MSCM 5F90) that demonstrates a capacity for independent work and original research and thought. The thesis topic shall be chosen in consultation with the student's thesis Supervisor and other members of the student's Supervisory Committee. A formal thesis proposal must be approved by the Committee.

Students normally complete the MSc over five terms or twenty months.

Fields of Specialization and Elective Courses
Students must select one of the following fields of specialization and take three courses in their respective field. Students will also be required to take one elective course selected in consultation with and approved by their thesis supervisor and the Associate Dean of Graduate Studies. This course will be selected from the general graduate course offerings at Brock University (including the MBA and MAcc course offerings) as well as selected fourth year undergraduate courses (in exceptional circumstances only).

Accounting
MSCM 5P31
Current Issues in Accounting Research I

MSCM 5P32 Current Issues in Accounting Research II
MSCM 5P33 Advanced Special Topics in Accounting

Finance
MSCM 5P41 Theory of Capital Markets
MSCM 5P42 Research Methodology in Finance

Students will also take one of the following:

MSCM 5P43 Options and Futures
MSCM 5P44 Fixed Income Securities and Interest Rate Models
MSCM 5P45 Advanced Corporate Finance
MSCM 5P46 International Finance

Management Science
MSCM 5P71 Operations Research Modeling
MSCM 5P72 E-Business Modeling & Applications

Students will also take one of the following:
MSCM 5P73 Logistics and Supply Chain Management
MSCM 5P74 Data Mining Techniques and Applications
MSCM 5P75 Advanced Information Systems Modeling
MSCM 5P76 Mathematical Programming
MSCM 5P77 Simulation of Business Systems
MSCM 5P78 Forecasting Systems for Management

Marketing
MSCM 5P61 Current Issues in Marketing Theory
MSCM 5P62 Consumer Behaviour and Behavioural Decision Theory

Students will also take one of the following:
MSCM 5P63 Advances in New Product Development
MSCM 5P64 Selected Readings in Consumer Behaviour
MSCM 5P65 Advances in Strategic Market Management
MSCM 5P66 Advances in Business-to-Business Marketing
MSCM 5P67 Advances in International Marketing
MSCM 5P68 Advances in Services Marketing

Course Descriptions
Note: Not all courses are offered in every session. Students must consult with the Graduate Program Director regarding course offerings and selection and must have their course selections approved by the Graduate Program Director each term. Refer to the Timetable for scheduling information: http://www.brocku.ca/registrar/guides/grad/timetable/terms.php
MSCM 5F90
MSc Thesis
The preparation and defence of a thesis demonstrating the candidate's ability for independent and original research.Pre-requisite: MSCM 5P90.

MSCM 5N01
Research Seminar I
Students will participate actively in and contribute to the presentations held at the Faculty of Business bi-weekly seminar series. Faculty members, visiting speakers, and students present the results of their academic research.

MSCM 5N02
Research Seminar II
Students will participate actively in and contribute to the presentations held at the Faculty of Business bi-weekly seminar series. Faculty members, visiting speakers, and students present the results of their academic research.

MSCM 5N03
Research Seminar III
Students will participate actively in and contribute to the presentations held at the Faculty of Business bi-weekly seminar series. Faculty members, visiting speakers, and students, present the results of their academic research. Students will present both their thesis research proposals and completed theses in the second year of their program.

MSCM 5N04
Research Seminar IV
Students will participate actively in and contribute to the presentations held at the Faculty of Business bi-weekly seminar series. Faculty members, visiting speakers, and students, present the results of their academic research. Students will present both their thesis research proposals and completed theses in the second year of their program.

MSCM 5P01
Research Methodology I
A comprehensive overview of the multivariate statistical techniques and time series analysis commonly employed in management research and an overview of the issues associated with economic data and survey research. Students will be exposed to both the theoretical concepts underlying multivariate statistical techniques and the practical use of these concepts through various exercises employing a variety of statistical software packages.

MSCM 5P02
Research Methodology II
A continuation of Research Methodology I with a focus on more advanced multivariate statistical techniques such as discriminate analysis, logistic regression, principal component and factor analysis, cluster analysis, multidimensional scaling as well as structural equation modeling. Additional topics will include survey and experimental research design.

MSCM 5P31
Current Issues in Accounting Research I
Introduction to accounting theory and research methods used in behavioural accounting research. Critical analyses of the behavioural implications of current accounting practice and principles within the frameworks will be studied.

MSCM 5P32
Current Issues in Accounting Research II
Introduction to accounting theory and research methods used in market-based research, information economics research, decision theory research as well as critical perspectives in accounting. Analyses of current accounting practice and principles within these frameworks will be studied.

MSCM 5P33
Advanced Special Topics in Accounting
Emerging issues and topics in accounting and its subdisciplines. Development of a deeper understanding of and critical thinking skills about a specific area. Research proposals will be developed throughout the term.

MSCM 5P41
Theory of Capital Markets
Introduction to financial economics emphasizing discrete-time models and empirical applications. Includes a review of the theory of choice under uncertainty, then develops the main classical asset theory. Discussions on empirical puzzles and recent theories that have been proposed to address them.

MSCM 5P42
Research Methodology in Finance
Introduction to important econometric techniques that are used in empirical finance. Emphasis on the model formulation, estimation methods, and result interpretations. Students will be required to conduct computer assignments based on assigned research papers.

MSCM 5P43
Options and Futures
Introduction to the theories and pricing models of the various types of derivative securities: forwards, futures, swaps, options, and exotics. Includes an introduction to stochastic calculus, martingale pricing and the application of mathematics to derivatives pricing.

MSCM 5P44
Fixed Income Securities and Interest Rate Models
Introduction to theory of fixed-income securities and the term structure of interest rate models. Topics may include the discrete interest rate model, arbitrage-free continuous-time models, the valuation of interest rate derivatives, and models of credit spreads dynamics.

MSCM 5P45
Advanced Corporate Finance
Introduction to theoretical models and related empirical evidence of the corporate financial decisions. Topics include the theory of valuation under certainty and uncertainty, the optimal capital structure, and the asymmetric information, signaling, and principal-agent problems.

MSCM 5P46
International Finance
Introduction to the theory of business finance as applied to the operations of multinational firms. Includes the theoretical and practical aspects of the various international financial markets, the impact of the international environment on the financial decision making of the individual and the firm, and financial analysis and control of foreign investment decisions.

MSCM 5P61
Current Issues in Marketing Theory
Discussion of the discipline of marketing as a theoretical domain. Topics may include major contemporary and controversial issues in marketing theory, the history and evolution of marketing thought, and the fundamental issues involved in the philosophy of science and its impact on marketing inquiry.

MSCM 5P62
Consumer Behaviour and Behavioural Decision Theory
Exposure to the academic field of consumer decision-making. Integration of theories from psychology, economics, and behavioral accounting. An exploration of how consumers arrive at certain decisions and what factors facilitate and hinder this process. Topics may include prospect theory, mental accounting and preference reversal.

MSCM 5P63
Advances in New Product Development
The study and analysis of the new product development process and outcomes. Understanding of the differences between and implications of incremental vs. breakthrough new products. Readings and discussion will focus on the significance of innovations for firm survival.

MSCM 5P64
Selected Readings in Consumer Behaviour
Introduction to consumer behavior using various literatures in the social sciences such as economics, psychology, and anthropology. Information processing paradigm will be the cornerstone framework used in the course. Cross-cultural behavioral issues are also explored.

MSCM 5P65
Advances in Strategic Market Management
Exploration of research on marketing strategy content, formulation process and implementation related issues. Discussion of literature from many different areas such as marketing, sociology, organizational theory, organizational psychology, and economics. An exploration of the theories, concepts, models, and paradigms that collectively form the foundation for marketing strategy.

MSCM 5P66
Advances in Business-to-Business Marketing
Discussion of major theories and current research in business-to-business marketing. Includes advanced topics on business-to-business marketing as a sub-discipline, including customer value generation, relationship marketing, buyer-seller relationships, and supply chain management process in organizations. Marketing phenomena and processes as they apply to managerial decision-making and increased the productivity of the marketing function within the organization.

MSCM 5P67
Advances in International Marketing
Introduction to the complex marketing issues that are crucial to the success of an international business. Discussions on international expansion and the obstacles that firms must overcome when expanding overseas as well as standardization vs. localization of marketing strategies. Special attention will be focused on examining and evaluating global marketing opportunities and developing marketing strategies to capitalize on these opportunities.

MSCM 5P68
Advances in Services Marketing
Discussion of the major differences between services marketing and products marketing as well as internal marketing and the role of employees in service management. Other topics may include the importance of service quality and customer satisfaction in creating loyalty, the significance of and opportunities brought by service failure recovery, and the role of information technology in delivering superior service experiences.

MSCM 5P71
Operations Research Modeling
Formulation of optimization models for the design and operation of business systems. An exploration of the operations research modeling approach and the concepts, algorithms, and tools needed to approach real world business problems. Topics covered may include linear, integer and nonlinear programming, network flow models, multicriteria decision making,game theory, probabilistic inventory models, Markov chains, deterministic and stochastic dynamic programming, and queuing theory.

MSCM 5P72
E-Business Modeling & Applications
Introduction to the fundamental issues and models of e-business and the key technologies and methodologies required for the development of e-business applications. Emphasis will be on methodical approach to e-business performance analysis and evaluating e-Business infrastructure and services. Other topics may include E-Business Modeling, E-Business Functions and Application Architecture, Capacity Planning Methodology for E-Business, and E-Business Performance Modeling Concepts.

MSCM 5P73
Logistics and Supply Chain Management
An overview of supply chain management and modeling systems, covering both technical and managerial issues. Topics will include information technology support in supply chain such as ERP and e-business, supply chain modeling and solution methods, and modeling applications to strategic and tactical supply chain planning.

MSCM 5P74
Data Mining Techniques and Applications
Introduction to the data mining process and the various concepts, principles, and techniques of data mining. Students will also have hands-on experience in applying the concepts to solving real-life business problems using data mining tools and systems. Major topics include foundations of data mining, data warehousing and on-line analytical processing, association rule mining, classification and prediction, and clustering.

MSCM 5P75
Advanced Information Systems Modeling
Advanced knowledge for managing information systems focused on modeling and the use of computer tools to solve real-life organizational problems. An exploration of the integrated organizational context of information systems. Major topics include theoretical concepts for information systems modeling, quantitative analysis and decision-making for business environments, computer-based systems development tools, and decision support and data warehousing techniques.

MSCM 5P76
Mathematical Programming
Formulation and applications of linear and integer programming: simplex method, sensitivity analysis and duality; parametric programming and post-optimality analysis; branch and bound technique; implicit enumeration; cutting plane algorithm. Theory and applications of non-linear optimization: convex sets, convex and concave functions, Kuhn-Tucker conditions; duality in nonlinear programming; computational methods for quadratic and convex programming; geometric programming; dynamic programming.

MSCM 5P77
Simulation of Business Systems
Applications of simulation in various business disciplines, including Finance, Marketing, Information Systems and Operations. Students will explorethe entire simulation modeling process. More than just creating a computerized model, emphasis will also be on understanding and formalizing the problem, properly defining the scale and scope of modeling projects, collecting data, and appropriately interpreting and presenting simulation results.

MSCM 5P78
Forecasting Systems for Management
Introduction to forecasting tools that are necessary for firms to remain competitive in the digital world. Topics include simple forecasting tools and Box-Jenkins forecasting tools.

MSCM 5P90
Thesis Research Proposal
The development of a proposal which will provide the framework for the student's thesis. The proposal will be formally presented to the supervisory committee.
Note: The proposal contract form must be completed and returned to the Faculty of Business Graduate Programs Office before students will be allowed to register for this course.