The Bachelor of Commerce degree[1] is designed to provide students with a wide range of managerial skills, while building competence in a particular area of business (see aside). Most universities, therefore, plan the degree such that in addition to their major, students are exposed to general business principles, taking courses in accounting, finance, business management, human resources, marketing, and economics; some programs also require business statistics and -calculus, and information systems. Depending on the institution, a formal academic major may or may not be established.