Last updated: March 10, 2022 @ 11:53AM

Management

Master of Science in Management

Fields of Specialization
Accounting
Finance
Marketing
Operation and Information Systems Management
Organization Studies

brocku.ca/goodman/programs/msc

Dean
Andrew Gaudes
Goodman School of Business

Associate Dean, Research and Graduate Programs
Narongsak (Tek) Thongpapanl
Goodman School of Business

Core Faculty

Professors

Mohamed Ayadi (Finance, Operations and Information Systems), Anteneh Ayanso (Finance, Operations and Information Systems), Darlene Bay (Accounting), Walid Ben Omrane (Finance, Operations and Information Systems), Ernest Biktimirov (Finance, Operations and Information Systems), Dave Bouckenooghe (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Danny Cho (Finance, Operations and Information Systems), Dirk De Clercq (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Sheng Deng (Marketing, International Business and Strategy), Paul Dunn (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Fayez A. Elayan (Accounting), Zhongzhi He (Finance, Operations and Information Systems), Hemantha Herath (Accounting), Tejaswini Herath (Finance, Operations and Information Systems), Princely E. Ifinedo (Finance, Operations and Information Systems), Shibing (Marshall) Jiang (Marketing, International Business and Strategy), Mark Julien (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Eugene Kaciak (Finance, Operations and Information Systems), Kenneth J. Klassen (Finance, Operations and Information Systems), Skander Lazrak (Finance, Operations and Information Systems), Jingyu (Jennifer) Li (Accounting), Antonia Mantonakis (Marketing, International Business and Strategy), Deborah McPhee (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Narongsak Thongpapanl (Marketing, International Business and Strategy), Teresa V. Menzies (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Kojo Saffu (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Tanya Tang (Accounting), Samir Trabelsi (Accounting), Kai-Yu Wang (Marketing, International Business and Strategy), Robert Welch (Finance, Operations and Information Systems), Reena Yoogalingam (Finance, Operations and Information Systems), Lianxi Zhou (Marketing, International Business and Strategy)

Associate Professors
Michael J. Armstrong (Finance, Operations and Information Systems), Abdul R. Ashraf (Marketing, International Business and Strategy), Kareen Brown (Accounting), Dipanjan Chatterjee (Finance, Operations and Information Systems), Shawna Chen (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Todd Green (Marketing, International Business and Strategy), Wesley Helms (Marketing, International Business and Strategy), Adam Kanar (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Jin Lei (Finance, Operations and Information Systems), Pascale Lapointe-Antunes (Accounting), Diane Miller (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Onem Ozocak (Finance, Operations and Information Systems), Unyong (Howard) Pyo (Finance, Operations and Information Systems), Barbara Sainty (Accounting), Tashfeen Sohail (Accounting), Tatyana Sokolyk (Finance, Operations and Information Systems), Robert Steinbauer (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Francis Sun (Marketing, International Business and Strategy), Yan Wang (Finance, Operations and Information Systems)

Assistant Professors
Magnus Hultman (Marketing, International Business and Strategy), Nigussie Mengesha (Finance, Operations and Information Systems), Waqar Nadeem (Marketing, International Business and Strategy), Osman Ulas Aktas (Finance, Operations and Information Systems), Ali Vaezi (Finance, Operations and Information Systems), Shuai Yuan (Finance, Operations and Information Systems)

Participating Faculty

Professors Emeriti
Thomas H. Barnes (Finance, Operations and Information Systems), A. Tansu Barker (Marketing, International Business and Strategy), J. Robert Hanrahan (Finance, Operations and Information Systems), Kenneth E. Loucks (Marketing, International Business and Strategy), Carol Sales (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics), Peter Yannopoulos (Marketing, International Business and Strategy)

Professors
Donald Cyr (Finance, Operations and Information Systems), Martin I. Kusy (Finance, Operations and Information Systems), Alex Nikitkov (Accounting)

Associate Professors
Ian Adamson (Accounting), Louis Culumovic (Accounting), Eric Dolansky (Marketing, International Business and Strategy), Sohyung Kim (Accounting), Zhefeng (Frank) Liu (Accounting), Paul Scarbrough (Accounting), Anamitra Shome (Accounting), Linda Stillabower (Accounting), Francine Vachon (Finance, Operations and Information Systems), Barry Wright (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics)

Assistant Professors
François Côté-Vaillancourt (Organizational Behaviour, Human Resource Management, Entrepreneurship and Ethics)

Graduate Program Office
Director, Operations, Graduate and Executive Programs
Goodman School of Business
Carrie Kelly
905-688-5550, extension 3954
GSB 342A

Graduate Academic Coordinator
Philip Alexander
905-688-5550, extension 5871
GSB 344

Manager, International Programs
Jingtao (Teresa) Feng
905-688-5550, extension 4157
GSB 343

Student Skills Development Coordinator
Luiza Guimaraes
905-688-5550, extension 5727
GSB 342

International Recruitment/Admissions Officer, Graduate Programs
Jason Barfoot
905-688-5550, extension 5936
GSB 347

Graduate Admissions/Scholarships Coordinator
Laurie Redford
905-688-5550, extension 6169
GSB 346

Graduate Recruitment Coordinator
Rebecca White-Côté
905-688-5550, extension 5362
GSB 340

Graduate Program Assistant
Stephanie McIntosh
905-688-5550, extension 3535
GSB 347

Administrative Assistant, Graduate Programs
Donna Panetta
905-688-5550, extension 4156
GSB 341

Program Description
The MSc in Management is a rigorous program that is intended to position students for admission to top Ph.D. programs or to give them a jump-start in a research-intensive career. This research-oriented program, responds to an increasing demand from industry and government for researchers and consultants from various disciplines of business. The program is also designed to prepare students for graduate studies in business at the doctoral level.

The MSc program consists of research-focused coursework, research seminars, courses in research methodology, and a year-long thesis project working individually with a supervisor and committee of faculty members who are leading reseachers in their respective fields.

The MSc takes two years to complete and is offered on a full-time basis.

Admission Requirements
Successful completion of four year Bachelor's degree, or equivalent, with an average of not less than B+ (78). A minimum score of 550 on the Graduate Management Admissions Test (GMAT) is required. Candidates who have attained a minimum of the 60th percentile for both the verbal and the quantitative scores on the GRE general exam will also be considered.

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 Academic IELTS score of 7.0 or TOEFL IBT score of 100 or Pearson Test of English (Academic) score of 70 or equivalent is required.

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 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 the courses as outlined below.

Accounting
ECON 5P03 Econometrics
ECON 5P04 Topics in Applied Economics
MSCM 5P32 Capital Market Research in Accounting
MSCM 5P33 Advanced Special Topics in Accounting
MSCM 5P34 Introduction to Empirical Archival Accounting Research
Plus one graduate elective course selected in consultation with and approved by their thesis supervisor and the Associate Dean of Research and Graduate Programs.

Finance
ECON 5N11 Mathematics and Statistics Review for Economists
MSCM 5P03 Empirical Finance I
MSCM 5P04 Empirical Finance II
MSCM 5P41 Theory of Capital Markets

Students will also take three of the following:
MSCM 5P42 Risk Management
MSCM 5P43 Options and Futures
MSCM 5P44 Fixed Income Securities and Interest Rate Models
MSCM 5P45 Advanced Corporate Finance
MSCM 5P46 International Finance
MSCM 5P47 Numerical Methods

With approval of the field advisor, students may take as elective(s) the following courses:
ECON 5P03 Econometrics
ECON 5P13 Analysis of Time Series

Operations and Information Systems Management
MSCM 5P01 Research Methodology I
MSCM 5P02 Research Methodology II
MSCM 5P71 Operations Research Modeling
MSCM 5P72 Seminar in Operations and Information Systems Management

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

Marketing
MSCM 5P01 Research Methodology I
MSCM 5P02 Research Methodology II
MSCM 5P61 Current Issues in Marketing Theory
MSCM 5P62 Consumer Behaviour and Behavioural Decision Theory

Students will also take two 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

Organization Studies
MSCM 5P01 Research Methodology I
MSCM 5P02 Research Methodology II
MSCM 5P81 Micro-Foundations in Organization Studies
MSCM 5P82 Macro-Foundations in Organization Studies

Students will also take two of the following:
MSCM 5P83 Advances in Entrepreneurship Research
MSCM 5P84 Advances in Human Resources Theory and Practice
MSCM 5P85 Theoretical and Methodological Issues in International Management

Course Descriptions

Note that not all courses are offered in every session. Refer to the applicable timetable for details.

Students must ensure that prerequisites are met. Students may be deregistered, at the request of the instructor, from any course for which prerequisites and/or restrictions have not been met.
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 Goodman School of Business research 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 Goodman School of Business research 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 Goodman School of Business research 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 Goodman School of Business research 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 advanced regression methods commonly employed in management research including random sampling and the multivariate normal distribution, multivariate analysis of variance and covariance, principal component analysis, factor analysis, discriminant and classification analysis, and time series econometrics. Theoretical concepts underlying multivariate statistical and econometrics techniques as well as their practical use through various exercises employing a variety of statistical software.

MSCM 5P02
Research Methodology II
A continuation of Research Methodology I including measurement and scaling, survey research and questionnaire design, sampling methods, experimental design, qualitative research, structural equation modeling, and other multivariate statistical techniques. Theoretical concepts underlying these topics as well as their practical use through various exercises employing a variety of statistical software.

MSCM 5P03
Empirical Finance I
Rigorous introduction to empirical research methods in investment finance. Discussion topics include key financial models, statistical and econometric techniques, empirical testing, financial databases and empirical results interpretation. Development of research skills through practical assignments with real stock markets and mutual funds data.
Note: Completion of this course will replace previous assigned grade and credit obtained in MSCM 5P42 and/or 5P48.

MSCM 5P04
Empirical Finance II
Continued study of econometric techniques used in empirical finance research. Emphasis on model formulation, estimation methods and result interpretation.
Prerequisite(s): MSCM 5P03.

MSCM 5P31
Current Issues in Accounting Research
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
Capital Market Research in Accounting
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 5P34
Introduction to Empirical Archival Accounting Research
This course offers a rigorous introduction to empirical accounting research design and methodology. Discussion topics include the theories that inform accounting research, financial models, statistical and econometric techniques, empirical testing, introduction to accounting databases and interpretation of empirical results. Students develop research skills through practical assignments using firm financial data.

MSCM 5P35
Advanced Financial Accounting Theory
Economic, ethical and behavioral foundations of accounting theory. Topics may include agency theory, efficient markets and expectancy theory.

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 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 5P47
Numerical Methods
Selected financial market models in corporate finance, portfolio risk management, asset pricing, bonds markets, and optimal portfolio selection are discussed at the theoretical level. Numerical methods are introduced and used to approximate selected performance parameters. Software packages are written and large numerical experiments are conducted to report and interpret the results.

MSCM 5P48
Risk Management
Introduction to modern risk management and associated techniques for volatility and correlation modeling with an emphasis on univariate and multivariate risk methods using copulas models for various assets and portfolios.

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 behavioural 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 behaviour 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 behavioural 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
Seminar in Operations and Information Systems Management
Introduction to various academic research streams. Operations management research focuses on process improvement through increasing productivity, efficiency and quality, as well as thorough, informed decision analysis. Research in information systems focuses on how organizations use and interact with information and communication technologies including adoption, implementation, organizational and strategic impacts, and various operational and organizational forms of IT.

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
Topics in Information Systems Research
Emerging issues and topics in the area of information systems research. Examination of relevant literature, theories and methodologies. Development of a deeper understanding of and critical thinking skills about a topics in information systems.

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 the entire simulation modeling process in various business disciplines, including Finance, Marketing, Information Systems and Operations. 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 5P81
Micro-Foundations in Organization Studies
Analysis of major theoretical frameworks and empirical research of micro-issues in organization studies. Topics may include personality and individual differences, employee attitudes and behaviours, groups and teams, ethics, conflict, diversity, leadership, decision making, and creativity, stress, and motivation.

MSCM 5P82
Macro-Foundations in Organization Studies
Exploration of theoretical and methodological approaches to the study of strategy, strategizing, and macro-forces shaping organizational action. Topics may include historical roots and conceptual foundations; strategy content versus strategy process; neo-institutionalism; decision-making; resource-based and knowledge-based views; strategic change and implementation; the multi-business firm; mergers, acquisitions, and alliances; transaction-cost economics and organizational ecology; and industry dynamics.

MSCM 5P83
Advances in Entrepreneurship Research
Exploration of the field of entrepreneurship and methodological approaches to the study of entrepreneurial phenomena. Topics may include a theoretical overview of entrepreneurship research, entrepreneurial processes, individual entrepreneurs, founders and entrepreneurial teams, new venture strategy, growth, and performance, international entrepreneurship, corporate entrepreneurship, interorganizational relationships in young ventures, and venture capital and venture capitalists.

MSCM 5P84
Advances in Human Resources Theory and Practice
Analysis of the major functions, policies, and procedures involved in human resources in the modern organization. Topics include staffing, recruitment, performance evaluation, development, compensation, labour relations, and safety. Exploration of the legal and international impact of relevant topics.

MSCM 5P85
Theoretical and Methodological Issues in International Management
Analysis of theories in international management and the fundamental research approaches applied in international business examinations. Topics may include international business theories (internationalization theory, internalization theory/transaction cost theory, resource-based view, knowledge-based view, international learning theories, trade theories, etc.), international market entry, timing of entry, strategic alliances and networking, performance determinants in foreign markets, market exit, technology transfer and management.

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 Goodman School of Business Graduate Programs Office before students will be allowed to register for this course.