All undergraduate business degree students will complete a common first year called Business One, after which they must apply for entry into either the Bachelor of Commerce or the Bachelor of Commerce (Co-operative).

Business One is 30 credit hours comprised of BUSI 1000, Economics 1010, Economics 1020, 6 credit hours in English, 3 credit hours of which may be replaced by any Memorial University of Newfoundland Critical Reading and Writing (CRW) course, Mathematics 1000, and 12 additional credit hours in non-BUSI electives. Critical Reading and Writing (CRW) courses are regulated by the Faculty of Humanities and Social Sciences and are indicated under Faculty of Humanities and Social Sciences.

The courses comprising Business One must be successfully completed with an overall average of at least 65%, and an overall cumulative average of at least 60%.

A student who wishes to complete the Joint Degrees of Bachelor of Commerce (Co-operative) and Bachelor of Arts should structure Business One as outlined under Joint Degrees of Bachelor of Commerce (Co-operative) and Bachelor of Arts to ensure the timely completion of the Joint Degrees.

Modifications to Business One requirements for the Joint Degrees of Bachelor of Commerce and Bachelor of Music are outlined in Table 6 Program of Study for the Bachelor of Commerce Component of the Joint Degrees of Bachelor of Commerce and Bachelor of Music.