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Languages. —The examination in French or German at the end of the first year will be the same as that for the Intermediate Examination in Arts. Students, therefore, who select either of these languages and are unable, from want of preparation, to benefit by the first University course, will begin with the preliminary course and will be expected to give a larger proportion of their attention to the language in which they are backward in order to make up the deficiency as rapidly as possible. Provision will be made for instruction in Spanish or Italian. Students who wish to select these languages are requested to communicate with the Professor of Commerce a few days before the opening of the session. Mathematics. —Either pure mathematics, Course L, or applied mathematics, Course I. Physics and Chemistry.- —The courses to be taken in these subjects by those students in the Faculty of Commerce who select them will be determined after consultation with the Professor of Commerce, upon consideration of the needs and purposes of the individual students. When the course arranged involves less expenditure of time on the part of the student than Physics I. or Chemistry 1., supplementary work in other subjects will be required, and must be planned after consultation with the Professor of Commerce. Geography. —See the syllabuses of the Faculty of Science. Logic. —See the syllabuses of the Faculty of Arts. For commerce, accounting, European history, and British institutions, see the syllabuses below. Second Year. 1. Commerce 11. Two papers. 2. Languages, as in the first year. Two papers in each. 3. Accounting 11. One paper. 4. Public finance. One paper. 5. Economic analysis. One paper. 6. One of the following: (1) Mathematics, (2) physics, (3) engineering, (4) metallurgy; or two of the following: (5) Geography or geology, (6) ethics and social philosophy, (7) history and institutions of France, (8) history and institutions of Germany, (9) history and institutions of Spain and Spanish America. Languages. —Students can in this year select only those languages on which they have passed the examinations of the previous year, or in which they can already show, to the satisfaction of the professor of the language, the same proficiency as is demanded at the First University Examination. The work in each language will include conversation, dictation, translation at sight, composition, and lectures on the history of literature. The books read will consist, in the earlier part of the session, of literary masterpieces; in the later part of the session, of typical examples of foreign, commercial, and industrial literature. The object of the course is to enable the student to keep abreast in future of commercial and industrial changes in other countries by consulting current foreign publications. Mathematics. —Either pure mathematics, Course 11., or applied mathematics, Courses I. or 11. Physics, Engineering, Metallurgy. —The courses to be taken in these subjects by those students who select them will be determined after consultation with the Dean of the Faculty of Commerce, upon consideration of the needs and purposes of the individual students. Geography or Geology. —See the syllabuses of the Faculty of Science. Ethics and Social Philosophy. —See the syllabuses of the Faculty of Arts. History, &c, of France, Germany, and Spain. —These courses can only be selected by students who are taking the corresponding language courses, or have reached a proficiency in the corresponding languages equal to that required in the Second University Examination in the Faculty of Commerce. For commerce, accounting, public finance, and economic analysis, see the syllabus below. Third Year. 1. Commerce 111. Two papers. 2. Languages, as in the previous years. One paper in each. 3. Accounting 111. One paper. 4. Commercial law. One paper. 5. Transport. One paper. 6. Subjects involving six papers, selected from the following list: — (1.) Technique of trade. Two papers. (2.) Money, credit, banking, and international exchange. Two papers. (3.) Methods of statistics. One paper. (4.) Factory hygiene and legislation. One paper. (5.) i., Physics; ii., chemistry ; iii., engineering; iv., metallurgy; v., economic geology; vi., electro-technics; vii., brewing; viii., mining. Two subjects at most from this list Students looking forward to a specifically mercantile life are recommended to select the courses numbered (1) to (3) under 6. Those looking forward to a manufacturing career are recommended to take (4); and, after consideration of their capabilities and prospects, they may be wise in making a selection among the courses i. to viii. under (5). The details of this year's work will be announced later. Languages. —The work in this year will deal with commercial correspondence; though in exceptional cases, with the consent of the Dean of the Faculty, the study of the literature of some particular branch of business in the languages selected (e.g. on engineering, mining, railway administration, municipal administration) may be substituted. Students will be allowed to select the course in commercial correspondence only in those languages in which they have reached the proficiency demanded at the First University Examination.