yconic - Difference Between Finance and Economics and Commerce, at U Of T
Hide Menu

My Feed Money for School Student Help Brands Winners Support Center



Explore yconic
Explore Student Life Topics
Scotiabank
STUDENT CHAMPION
yconic proudly recognizes Student Champion Partners who are providing our community with superior support for their student journeys. Learn More
Student Help Brands

Difference Between Finance and Economics and Commerce, at U Of T

A photo of jeffk jeffk
I am looking to apply to a business program at university of toronto, but i am not sure if i want to apply to Finance and Economics or Commerce. I am taking an economics class in highschool and i enjoy it, but i was wondering what the major differences are between the 2 programs.
Was this helpful? Yes 0
18 replies
 
A photo of jeffk jeffk
bump
Was this helpful? Yes 0

 
A photo of Toronto12 Toronto12
Which UofT campus are you referring to?
If it's St.George campus, the Rotman commerce is very
prestigious and you can focus on different streams such
as; finance, economics, marketing, accounting etc. UTSC
has a management BBA which lets you focus on different
streams too. UTM has a commerce which also lets you choose
the major/stream you plan to take. Depending on the courses
and YOUR interest, you can specialize in a specific field
based on your courses throughout the four year. However, if
the program that you are referring to is "Finance and Economics",
it may be one of those programs which will only focus on finance
and economics...If I were you... I would probably pick a business
program at UofT that allows you to choose a specialist by taking
courses instead of doing all four years with just finance and economics
in the "finance and economics program".


Was this helpful? Yes 0

 
A photo of Toronto12 Toronto12
Also say if you took a general business program that allows you to specialize
by taking x amount of courses...you'll gain more experience and knowledge of
other business operations. For example, you plan to major or specialize in
economics...by taking a general business program (BBA or commerce), you may
encounter that economics is "not your thing" and accounting or marketing suits
you more...so ya :P. Merry Xmas!
Was this helpful? Yes 0

 
A photo of jeffk jeffk
i was talking about St George, and just the programs in general. I was just wondering what the difference was between the Finanace and Economics Program, vs the Commerce program. Like what you learn, what will it help you with, what professions it can lead into that sort of stuff.
Was this helpful? Yes 0

 
A photo of jeffk jeffk
Bump
Was this helpful? Yes 0

 
A photo of KWala KWala
im srry but i didnt get the diffrence between the 2 programs!
Was this helpful? Yes 0

 
A photo of reddy16 reddy16
Yeah I've defs been wondering the difference between the courses. I really like econ, but I find that it's mixed with Business and Social Sciences. So I'm still feeling lost.

I think with commerce, you'll learn econ, but it won't be the largest focus... idk.. :P
Was this helpful? Yes 0

 
A photo of Anonymous Anonymous
i am currently at UofT and will tell you about economics and commerce and the difference

Commerce and Finance is the program where you can specialize in Accounting, Finance, Human Resources and Marketing. Doing a Commerce Specialist automatically qualifies you for an Economics major. because at UofT Commerce student take so many economics courses it basically fulfills the eco major requirement.

However you can also do the commerce program with an Economics specialist.

BUT if you want to strictly focus on Economics there is a program called Financial Economics which is strictly math, economics and statistics focused. It is pretty difficult because Financial Eco is close to a graduate level program. but the payoff is worth it.

Economics at UofT is nothing like high school, its more math than theory. you MUST be great at math in order to succeed in eco courses.

in conclusion, if you want to focus just on economics, do eco specialist or financial eco. if you want a good knowledge of eco but want to specialize in another stream do commerce & finance.
Was this helpful? Yes 0

 
A photo of jeffk jeffk
well there actually isn't a choice for Finance and Commerce, this year atleast. It is Accoutning, Commerce, Finance and Economics, and Marketing.
Was this helpful? Yes 0

 
A photo of jeffk jeffk
BUMP really need to know this
Was this helpful? Yes 0

 
A photo of ederoo ederoo
wtf everyone on this thread is retarded.

THERE IS NO "COMMERCE PROGRAM". You go to Rotman Commerce and you pick one of of the streams/specialists "Finance and Economics", "Accounting", "Management".

There's no general commerce program. First year all streams take the same courses...then when you actually make it into Rotman Commerce in second year, your courses become more specialized depending on what stream you're in.

Note: First year Rotman Commerce students are actually just plain old "Arts and Science" students at U of T. The real program doesn't start till second year.
Was this helpful? Yes 0

 
A photo of roadno13 roadno13
So 1st year Rotman Commerce students take courses same as "Arts and Science" students?
Was this helpful? Yes 0

 
A photo of ederoo ederoo
No, you will take:

ECO100 (intro to econ)
MAT133 (intro to financial math - basically same as high school calc with some added topics)
RSM100 (a business course involving accounting, history of money and business organization)

2 electives of your choosing .

You are an "Arts and Sci" student, but you'll be taking different courses, just like how all arts and sci kids take different courses depending on what they're studying (i.e. philosophy, political science, sociology, etc)
Was this helpful? Yes 0

 
A photo of roadno13 roadno13
Is there a list of certain electives I must choose from? Or can I take any.
Was this helpful? Yes 0

 
A photo of ederoo ederoo
There are breadth requirements you must fill (i.e. social sciences, humanities, etc). You can take any elective as long as you fill your breadth requirements before you graduate.
Was this helpful? Yes 0

 
A photo of roadno13 roadno13
I guess it'd be best if I finish off the requirements early on, thanks for the info.
Was this helpful? Yes 0

 
A photo of immaculatedx immaculatedx

@ederoo wrote
wtf everyone on this thread is retarded.

THERE IS NO "COMMERCE PROGRAM". You go to Rotman Commerce and you pick one of of the streams/specialists "Finance and Economics", "Accounting", "Management".

There's no general commerce program. First year all streams take the same courses...then when you actually make it into Rotman Commerce in second year, your courses become more specialized depending on what stream you're in.

Note: First year Rotman Commerce students are actually just plain old "Arts and Science" students at U of T. The real program doesn't start till second year.



+1
Was this helpful? Yes 0

 
A photo of jeffk jeffk
i am so confused, why does it have commerce under one of the areas of interest, along with accounting management, and finance and economics, when i apply.

EDIT: Way more confused now, i just looked at the online application, and now it doesn't even ask for an area of interest.
Was this helpful? Yes 0