Download - Rotman commerce report 2013 14 lores
N I N E T Y Y E A R S O F E X C E L L E N C E
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Ninety years ago, in June 1924, the first Bachelor of Commerce degrees were awarded at the University of Toronto.
I am exceptionally proud to present this year’s annual report, which in many ways recognizes the rich history that laid the
foundation for our success today. From its inception in 1920, the commerce program was designed to provide students
with a broad education that incorporated studies in business and economics into a rich liberal arts undergraduate
experience. In the words of C.A. Ashley, one of the program’s early directors, the goal was “not to prepare [students] so
that they will rapidly command good positions and high salaries in an expanding business world; it is to train [students] in
the use of the faculties, to give them a sound knowledge of economic theory in the widest sense, and to turn out graduates
who can expect to apply themselves with success to the task of learning a business quickly, of becoming good citizens,
and of living a full life.”
Over the last ninety years, Rotman Commerce has more than accomplished its mission. Our 13,000-plus graduates have
shaped the world around them in innumerable ways; our alumni have gone on to build lives that reflect the breadth of
interest and talent that has always characterized our student body. We find among them prominent bankers, politicians,
accountants, ambassadors, physicians, actors, musicians, lawyers, entrepreneurs, professors, journalists, teachers,
soldiers, priests, and philanthropists, among many others.
Our current program upholds the vision set by its founders – to give Rotman Commerce students an education that will equip
them to succeed both in the important work of business and in life more generally. In 2013-14, we refined our admissions
process to further ensure that the students we admit are ready to make the most of the wide array of opportunities we
offer. At the same time, we strengthened these offerings through enhancement of our programming in areas spanning
international study, community building, professional skills development, financial modeling, career training, mentorship,
communication skills development, entrepreneurship, and student leadership. We continue to provide what is arguably
the most academically rigorous curriculum of any Canadian undergraduate business program, one that is rooted in
the fundamentals of commerce and economics but that also attends to the emergence of new trends in business and
student interest.
As I look back over our history, I am confident that the Rotman Commerce of today is one that our forebears would be
proud of. Embracing more diversity than could have been foreseeable in the 1920s, we have built a strong, ambitious, and
principled community of students, alumni, faculty, and staff. I hope you enjoy reading about what we have accomplished
together over the past year.
With very best wishes,
Professor Kenneth S. Corts
Director, Rotman Commerce
Associate Dean, Undergraduate Education, Rotman School of Management
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F R O M O U R D I R E C T O R
Kenneth S. Corts
RECRUITMENT& ADMISSIONS
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As one of Canada’s top undergraduate business programs, we are fortunate to be able to select our students from an
applicant pool that includes some of the world’s best. While excellent academic achievement is always an important
aspect in our admissions, in recent years we have begun to put more weight on selecting applicants who have a high
potential to thrive in all aspects of our program. Traditionally, our admissions team relied almost solely on grades to
determine admission; four years ago, however, we introduced a supplemental essay that was used, in addition to a student’s transcript,
to help determine suitability for our program. This year, applicants to our 2014-15 session were asked to submit a video “essay” in
response to one of three pre-determined questions. These submissions were then carefully assessed by our admissions staff and a
select group of recent graduates. The process was designed to help us get a better sense of each applicant’s interests, abilities, and
aspirations. We are hopeful that adding this new level of engagement with our applicants will allow us to better select students who will
take advantage of the many leadership and professional development opportunities that are key parts of our program.
In addition to the new video tool, we also revamped our recruiting materials to showcase the developments we have made at Rotman
Commerce over the past three years, including our robust student leadership programs, intensive industry training opportunities, new
scholarships, and increased faculty involvement. The viewbook’s new theme, The Business of Possible, was chosen to reflect Rotman
Commerce’s excellence in offering literally hundreds of leadership, social, career, and academic possibilities. We look forward to
reporting on the results of these efforts in next year’s annual report.
SIZE OF INCOMING FIRST-YEAR CLASS
705
NUMBER OF APPLICANTS TO THE PROGRAM
6,533
NUMBER OF NATIONALITIES REPRESENTED IN FIRST-YEAR CLASS
MEAN ADMISSION AVERAGE OF ONTARIO STUDENTS
91.6%3
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PERCENTAGE OF INTERNATIONAL STUDENTS IN FIRST-YEAR CLASS
32%
PERCENTAGE OF WOMEN IN FIRST-YEAR CLASS
57%
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Rotman Commerce is well known for our rigorous academic curriculum – one that is guided by our goal of educating
students to become both innovative leaders and engaged participants in their communities. Our program consists of
advanced study in both management and the liberal arts and sciences, reflecting our long-held commitment to ensuring
that Rotman Commerce students gain expertise in the fundamentals of business and management as well as the contexts
in which this knowledge is deployed. In truth, the context of business is ever-shifting; to ensure that our curriculum keeps pace, every
year we offer a certain number of “special topics” courses that deal with aspects of business education that have not yet become part
of our core offerings. This year, for example, we introduced RSM410: Private Equity and Finance, taught by Rotman Finance and
Business Economics Professor, Alexander Dyck. Professor Dyck’s course joins Professor Becky Reuber’s RSM 493: Entrepreneurship
as part of a growing set of courses on innovation and entrepreneurship in our curriculum.
Teamwork and communication skills continue to be an important part of our curriculum as we work to ensure that Rotman Commerce
students have the personal and professional skills to complement the academic expertise they develop in our program. Many of our
core courses have incorporated these skills into the course requirements, ensuring that all students gain an understanding of their
importance to a well-rounded business education.
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OUR CURRICULUM
OUR CURRICULUM
TOTAL NUMBER OF COURSE SECTIONS OFFERED
259
NUMBER OF UNIQUE COURSES OFFERED SUMMER 2013 – WINTER 2014
88
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We are fortunate to have an incredibly internationally diverse student body. Nearly 33% of our students come from
countries other than Canada; in 2013-14, 57 different nations were represented in our total student population – a
testament to our program’s strong international reputation.
Recognizing that business today extends far beyond regional and national borders, we are also keen to help students gain international
experience while studying with us. For the past two years, we have delivered an optional international study module in one of our
fourth-year classes, RSM491: Globalization and Capital Markets, in which students travel to Turkey over the February reading break to
meet with Turkish firms that represent first-hand, real-world examples of the types of cases studied in the course itself.
Many of our students also take advantage of our international exchange and study abroad programs. Rotman Commerce students
participated in semester or year-long exchanges at our accredited partner universities in several countries, including Australia, China,
France, Korea, Singapore, and the United Kingdom. Other students wishing to gain international experience participated in UofT’s
Summer Abroad programs, where they were able to complete courses for credit overseas.
INTERNATIONAL STUDY
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NUMBER OF VISITING EXCHANGE STUDENTS AT ROTMAN COMMERCE
44NUMBER OF ROTMAN COMMERCE STUDENTS WHO PARTICIPATED IN AN INTERNATIONAL EXCHANGE
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160NUMBER OF ROTMAN COMMERCE STUDENTS PARTICIPATING IN SUMMER ABROAD 2013
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I n the classroom, Rotman Commerce students learn from skilled teachers and brilliant researchers drawn from the Rotman
School of Management and UofT’s Department of Economics. Over two-thirds of the RSM courses offered in Fall/Winter
2013-14 were taught by full-time faculty, ensuring that our students have access to many of the same professors who teach in
Rotman’s acclaimed MBA program.
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Scott HawkinS
Associate Professor of MarketingRotman School of Management
OUR FACULTY
“Teaching Rotman Commerce students makes it easy to stay inspired and keep course material fresh. Every year, and without prompting, students send me great examples of data and articles to include on topics ranging from work hours and longevity to Olympic performance and a nation’s wealth. Course evaluations often praise my enthusiasm, but it is easy to be enthusiastic when working with great students.”
Jennifer Murdock
Senior Lecturer, Department of EconomicsRecipient, 2014 Faculty of Arts & Science Outstanding Teaching Award
Scott HawkinS
Associate Professor of MarketingRotman School of Management
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Part of our mission in preparing students for their success in the future is to help them gain hands-on experience in
applying the knowledge they learn in class to real-world situations. Several of our classes in 2013-14 partnered with local
corporations and organizations to underscore the links between the course material and its application. In Jan Klakurka’s
RSM495: Management Consulting, for example, students learned through a mix of lecture and case study that culminated
in an actual consulting project. The project engaged nine external organizations, including Purolator and BMO, which provided real
business problems for student consultants to work on. Students analyzed and presented their solutions to senior leadership teams
from each of the partner organizations. The students performed extremely well, garnering rave reviews, and impressing the corporate
representatives with their knowledge, enthusiasm, energy, and professionalism.
In keeping with the commerce program’s long tradition of community engagement, we also encourage students to contribute to and
learn from their local communities through a number of outreach initiatives. Our First-Year Learning Communities (FLCs) incorporate
a service-learning module, in which student groups partner with a local homeless aid program to provide needed volunteer assistance
while learning about issues related to homelessness in the Toronto region. They also participate in a case competition that requires
delving into the funding, organizational, and client issues that the aid program faces in delivering their services.
Rotman Commerce students also get involved in a number of experiential learning opportunities facilitated by our student life program
staff. This spring, Rotman Commerce students volunteered with the CRA Tax Volunteer Program to help eligible taxpayers in Toronto’s
Jane-Finch and Agincourt communities prepare their returns. Our Initiative Consulting Program offers an opportunity for students
to gain consulting experience with a real client. Mentored by professional consultants drawn from our alumni community, students
work in groups to provide consulting services to non-profit community partners that might not otherwise be able to afford professional
accounting..
Additionally, we run a Financial Literacy Volunteer Program in which student volunteers co-facilitate workshops on financial literacy to
low-income individuals. Programs such as these allow our students to apply their business skills to help agencies and individuals in
the broader community that can benefit from them.
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Jan Klakurka teaches RSM 495: Management Consulting, in which students participate in an actual consulting project for external organizations.
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NUMBER OF STUDENTS PARTICIPATING IN ROTMAN COMMERCE FIRST-YEAR LEARNING COMMUNITIES
275NUMBER OF WORKSHOPS DELIVERED TO COMMUNITY PARTNERS THROUGH OUR FINANCIAL LITERACY PROGRAM
22 11
EXPERIENTIAL LEARNING & COMMUNITY ENGAGEMENT
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NUMBER OF STUDENTS INVOLVED IN OUR INITIATIVE CONSULTING PROGRAM
13
NUMBER OF VOLUNTEER HOURS DONATED THROUGH OUR CRA TAX VOLUNTEERS PROGRAM
261
The many scholarships endowed by our generous
donors help ensure that qualified students, regardless
of their financial situation, are able to gain access
to a top-notch business education. Last year, 195
incoming Rotman Commerce students received an entrance
award from the University to offset the cost of their education.
In addition, twenty-eight commerce-specific scholarships were
awarded to in-program students in recognition of outstanding
academic and community contributions to the program.
In 2013-14, we received two new generous four-year scholarship
endowments from Commerce alumni. The program was honoured
with a $275,000 gift from two married Los Angeles-based
Bachelor of Commerce graduates who met on their first day of
classes at the University of Toronto. Their gift establishes the Peter
P. Copses and Judith V. Mueller 1980 Commerce Scholarship, a
$10,000 award to be disbursed annually to a Rotman Commerce
student exhibiting strong leadership and academic potential, and
who values the opportunities presented by the free enterprise
system. Strong adherents to libertarian economic thought who
attribute their own successes to that world view, Mr. Copses and
Ms. Mueller created the scholarship to reward promising students
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SCHOLARSHIPS & DONORS
“We achieved financial success primarily through hard work and a strong educational foundation. The Bachelor of Commerce degrees we earned served us extremely well, and we thought the best way to show our appreciation to the University of Toronto was to endow a scholarship to help future generations of students who are just like we were almost forty years ago: young Canadians looking to acquire the skills to be successful in the business world.”
— Peter Copses and Judy Mueller
David Scrymgeour, BCom ‘79, with Siobhan Scott, winner of the 2013 Scrymgeour Scholarship in Entrepreneurial Management.
Peter Copses and Judy Mueller, both Class of 1980, endowed the Peter P. Copses and Judith V. Mueller 1980 Commerce Scholarship.
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SCHOLARSHIPS & DONORS
NUMBER OF COMMERCE-DESIGNATED ENTRANCE SCHOLARSHIPS AVAILABLE
4NUMBER OF IN-PROGRAM SCHOLARSHIPS AVAILABLE SPECIFICALLY FOR ROTMAN COMMERCE STUDENTS
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195NUMBER OF INCOMING FIRST-YEAR ROTMAN COMMERCE STUDENTS WHO RECEIVED ENTRANCE AWARDS
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when every individual is free to exploit their potential and maximize their own wealth. The scholarship will be awarded for the first
time in Fall 2015.
The Scrymgeour Scholarship in Entrepreneurial Management, endowed by David Scrymgeour (BCom’79) with gifts totalling
$600,000 was disbursed for the first time this year to incoming student Siobhan Scott. Awarded to Ontario students intending to
study management and who are committed to contributing to the economic vitality of their local community, the award—renewable
for four years—is given to one entering student each year who is selected on the basis of an application and interview.
Mr. Scrymgeour was also behind a watershed $1.5 million donation to establish the Building Canadian Leaders Matching Scholarship
Fund. The goal of the fund is to inspire other individual, corporate, and foundation donors to support outstanding domestic current
or potential Rotman Commerce students who demonstrate strong leadership potential. Thanks to this groundbreaking contribution,
new donors will be able to immediately double the impact of their support through a dollar-for-dollar match in capital that will be
available to support new annual scholarships for Rotman Commerce students. Due to the generosity of Robert D. (BCom ’66)
and Joan McKeracher, the first donation to take advantage of the match will be the Donald S. McKeracher Scholarship in Rotman
Commerce, which with the match boasts an endowment of $300,000 to help our program attract the most dynamic, bright, and
ambitious candidates.
While academic instruction is our raison d’être, our program is also renowned for the depth and scope of the student
life activities we offer. Our ten program-supported student groups hold dozens of events each year, including case
competitions, conferences, networking events, symposia, and socials. Each group focuses on a particular career
path (accounting, finance, consulting, marketing, and law) or other interest (community engagement, women in
business, public speaking, and LGBTQ visibility). Among this year’s main student group events were the:
• Rotman Commerce Women in Business’ Leadership Symposium;
• Rotman Commerce Beyond Business’ Corporate Social Responsibility Conference;
• Rotman Commerce Consulting Association’s Alumni Panel;
• Rotman Commerce Students’ Association Gala;
• Rotman Commerce Law Association’s The Advocate Case Competition;
• Rotman Commerce Marketing Association’s Marketing Summit;
• Rotman Commerce Pride Alliance’s DiverCity Case Competition;
• Rotman Commerce Finance Association’s Mergers and Acquisitions Competition.
The Rotman Commerce Accounting Society – our oldest student group – held their annual CGA Case Competition, and published two
issues of their magazine, InSight, while Rotman Commerce Toastmasters held several public speaking workshops and competitions
throughout the year. We are grateful to the dozens of alumni who contributed their time and expertise to our student groups as guest
speakers and panellists, including Mark Bonham (BCom ’82), Richard Clark (BCom ’82), Rick Goldsmith (BCom ’78), Jim Hong
(BCom ’96), Brian Pukier (BCom ’89), Martha Tory (BCom ’76), and Michael Yhip (BCom ’99).
In addition, our student life staff organize a variety of programs and events that complement students’ classroom curriculum, build
community, and encourage students to get involved in their local and UofT communities. This year, with the help of dedicated
alumni mentors and faculty, we introduced a number of new student life initiatives, such as the Portfolio Management Group (PMG),
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STUDENT LIFE
which helps students interested in portfolio management develop skills relevant to their career interests. As in previous years, our
conferences and competitions subsidy helped fund students to participate in professional learning opportunities held outside of UofT,
while our Competitions Teams – coached by several dedicated faculty – represented Rotman Commerce at a number of national
interuniversity events.
Our student life team also ensures that students have access to vital training opportunities to help them hone the technical skills in
Excel, financial modeling, valuation analysis, and merger models that they require in both the classroom and the job market. These
sessions build on other professional skills programming that we offer, such as our annual Y1 and Y2 conferences, which provide
first- and second-year students with valuable hands-on skills development opportunities to help them succeed in the critical first two
years of university.
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STUDENT LIFE
NUMBER OF TECHNICAL TRAINING OPPORTUNITIES AVAILABLE TO STUDENTS
NUMBER OF STUDENTS AWARDED A CONFERENCE OR COMPETITION SUBSIDY
99
NUMBER OF STUDENTS PARTICIPATING IN Y1 AND Y2 CONFERENCES
367
NUMBER OF OFFICIAL ROTMAN COMMERCE STUDENT ORGANIZATIONS
NUMBER OF STUDENT EVENTS ORGANIZED BY ROTMAN COMMERCE STUDENT ORGANIZATIONS
87
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321
NUMBER OF STUDENTS SERVING IN EXECUTIVE POSITIONS IN ROTMAN COMMERCE STUDENT ORGANIZATIONS
80
“I gained a lot by studying at Rotman Commerce. My peers inspired and motivated me to better myself constantly. The education I received helped me become an analytical thinker and effective communicator and prepared me for the work I do today. And through the Career Centre, I got the opportunity to spend two summers interning at Fortune 500 companies before eventually joining one of them full-time.”
Marina MilenkovicBCom ’14
Specialist in ManagementFounding Team Member and Past Hub President, Social Spark
Project Manager, Coca-Cola Refreshments
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OUR STUDENTS
“Rotman Commerce gave me the opportunity to be an active participant in leadership and extra-curricular activities, where I gained practical experience in team-based environments both within and outside of Rotman Commerce. I met individuals who shared my passions for the environment, diversity and inclusion, and community involvement, and who helped make my university journey memorable.”
kwan Ho Fok BCom ’14
Specialist in AccountingPast President, University of Toronto Environmental Resource Network
Staff Accountant, Deloitte
vincent Ho BCom ’15
Specialist in AccountingPast President Rotman Commerce Pride Alliance
Marina MilenkovicBCom ’14
Specialist in ManagementFounding Team Member and Past Hub President, Social Spark
Project Manager, Coca-Cola Refreshments
“I truly believe that the people here at UofT are what set it apart from other universities. The student population is incredibly diverse and I learn so much from interacting with my fellow classmates. The academic reputation of the university draws extremely intelligent students from around the world to attend and also allows the university to attract faculty who are renowned in their field.”
“Going into my fourth year in Rotman Commerce, I can confidently say that the program and community have helped me achieve my highest potential across the board in technical, professional, and personal aspects. Being at Rotman Commerce at the University of Toronto, I benefit from a world-class university that attracts the best professors who have a richness of industry knowledge and experience.”
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vincent Ho BCom ’15
Specialist in AccountingPast President Rotman Commerce Pride Alliance
catHerine ruyun Qian
BCom ’15Specialist in Finance and Economics
Recipient, HSBC Women in Business Leadership Award
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CAREER SERVICES
In addition to the University of Toronto’s central career centre, Rotman Commerce students benefit from our program’s business-
focused career services. The Rotman Commerce Career Centre has five full-time staff dedicated to helping our students find
internships and full-time jobs in their fields. As part of our activities, we offer a number of career preparation services, such as
resumé workshops, mock interviews, one-on-one career coaching, access to professional case interview preparation software,
employer site visits, networking events, and a number of industry-specific training programs, such as the Management Consulting
Alumni Program (MCAP), Simplify the Street, Consumer Packaged Goods (CPG) and Marketing Club, and Accounting Bootcamp.
These programs complement the rigorous academic education we offer to prepare students for on-campus recruitment activities, job
and internship interviews, and ultimately, their chosen careers.
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NUMBER OF ONE-ON-ONE CAREER COACHING APPOINTMENTS DELIVERED
821
NUMBER OF CORPORATE PARTNER INFORMATION SESSIONS FACILITATED BY THE ROTMAN COMMERCE CAREER CENTRE
69
NUMBER OF INDUSTRY-SPECIFIC ROUNDTABLE DISCUSSION SESSIONS OFFERED
51
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Our corporate associates are essential partners in our career services offerings. We currently have 250 corporations
and institutions that collaborate with us in helping Rotman Commerce students succeed in their careers. Every year
we work with a number of companies to deliver specialized training opportunities that benefit our students while also
helping firms find qualified and job-ready candidates for their entry-level and management-stream positions. Among the
companies with whom we worked closely with this year were TELUS, who partnered with us to create the TELUS LGBTQ Mentorship
Program, and P&G, with whom we hosted a sales pitch simulation session for our management students. We are extremely grateful to
all of our corporate partners for the vital enthusiasm and support that they bring to our students.
A.T. Kearney Ltd.
Acasta Capital
Accenture
Agree Property Management Ltd.
AIM Group Canada Ltd.
AimCo
Alignvest Capital Management
Altus Group Ltd.
Amazon
AMD
Apple
AquaMobile Inc.
Aritzia
Arlene Dickinson Enterprises
Asian Institute, University of Toronto
AssetGrow Capital International
Aurigen Reinsurance Company
AZURE Magazine
B2B Trust
Bain & Company Canada, Inc.
Bank of America Merrill Lynch
Bank of Canada
Barry Blostein Executive Search
Bay Street HR
BDO Canada LLP
Belairdirect
Bell Canada
Bench Accounting
Best New Product Awards Inc.
BlackRock
Blair Franklin Capital Partners Inc
Bloomberg L.P.
BMO Capital Markets
BMO Financial Group
Boston Consulting Group
Brookfield Renewable Energy Group
Brookfield RPS
Buytopia
CAA
Canaccord Genuity Corp.
Canadian Apartment Properties Real Estate
Investment Trust
Canadian Centre for Responsibility to
Protect (CCR2P)
Canadian Institute of Diversity and Inclusion
Canadian Marketing Association
Canadian Security Intelligence Service
Canadian Tire Corporation
Capgemini Canada Inc.
Capital One Canada
CapitalWest Partners
Career Connections
Caseware
Celestica
Centre for Social Innovation
CentreCourt Developments
Certified General Accountants of Ontario
Chippingham Financial Group
CIBC
Citigroup
Citrix SAAS Division
Coca-Cola Enterprises, Inc.
Coerente Capital Management Inc.
Colliers International
Corporate Consultants
CPG Connect
CPP Investment Board
Crawford Connect
Crescent Park Capital Partners
Crowe Soberman LLP
Cumberland Private Wealth Management
DBRS
Deloitte
Direct Media Technologies
DraftFCB
Dundee Realty Management Corporation
DundeeWealth
Easton’s Group of Hotels
Edgecrest Capital Corporation
Energizer Canada
Entuitive
Equitable Group Inc.
Ernst & Young
Evisors
Export Development Canada
Far & Wide
FIRMA
Flynn Canada Ltd.
Foyston, Gordon & Payne Inc.
Friedrich Schiller Schule Inc.
Gata Labs
General Electric Company
General Mills Canada
Geneva Career Solutions
Global Golf Advisors
Global Impact Capital
Goldman Sachs & Co.
Government of Israel, Economic Mission
to Canada
Grant Thornton LLP
Great West Life
Green Standards
Hawkbridge Capital Inc.
Hay Group Ltd.
Haywood Securities
Hendricks and Associates
HK Connex
Holt Renfrew
HSBC Bank Canada
Hudson’s Bay Company
CORPORATE PARTNERS
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Hydro One Networks Inc.
IBM Canada Ltd.
Imperial Oil
Imperial Tobacco Canada
Investeam Canada
Investor Economics
J.P. Morgan Asset Management
Jane/Finch Community and Family Centre
Janet David + Associates Inc.
Jardines
Johnson & Johnson
Kerr Financial Group
Kestrel Capital Management Corp.
Keurig Canada Inc.
KEV Group
KPMG Consulting
KPMG LLP
Kraft Canada Inc.
Labatt
Leopard Capital Ltd.
Level5
Liberty Mutual Insurance Group
LiveCa
Loblaw Companies Ltd.
Locomotion Music
Longview Asset Management Ltd.
L’Oreal Canada
Loyalty One
Lush
MacLaren McCann
Macquarie North America Ltd.
Managing Matters Inc.
Manulife Financial
Maple Leaf Foods Inc.
Market Data Company
Mars Canada
MasterCard Canada
Mawer Investment Management Ltd.
McCain Foods Ltd.
MCIS Language Services
McKinsey & Company, Inc.
Melissa Andre Events
Mercer Consulting
Metrolinx
Meyers Norris Penny
Milkin Holdings Ltd.
Miracle Brand Company
Mondelez International
Monitor Deloitte Canada
Moody’s Investors Service Canada
Morgan Stanley Canada Ltd.
National Bank Financial
National Bank of Canada
Natural World Vitamins
NBA China
Nexgate
Nielsen
OMERS
Ontario Energy Board
Ontario Ministry of Health and Long-Term Care
Ontario Ministry of Transportation
Ontario Securities Commission
Ontario Teachers’ Pension Plan Board
Optimus SBR
Orbis Mutual Funds
Origin Merchant Partners
Osler, Hoskin & Harcourt LLP
Palmer & Company Executive Recruitment
PenEquity Realty Corporation
PepsiCo Canada
Philips
PricewaterhouseCoopers LLP
Procter & Gamble Inc.
PSP Investments
PwC China
PwC Consulting
Raymond James Ltd.
RBC Capital Markets
RBC Financial Group
RBS Global Banking & Markets
Real Tech
Realized Worth
Realosophy Realty Inc.
Rebecca Ling Chartered Accountant
Redwood Strategic
River Plate House Capital Management Corp.
Rodan Energy Solutions Inc.
Rogers Communications Inc.
Ross Smith Asset Management Inc.
Rotman School of Management
RSA Group
SalesSpider Media
Salman Partners Inc.
Scotiabank
Shoppers Drug Mart
Siemens Canada Limited
SNC-Lavalin Inc.
Spectrum Capital Partners
Starbucks
State Street Canada
Sun Life Financial
SunGard
Target Canada
Tata Consulting Services
TD Bank Financial Group
TD Canada Trust
TD Securities
Teksystems
TELUS
TerraCycle Canada
The Canadian Chamber of Commerce in
Hong Kong
The Mason Group
The Next 36
The Truth Music Group
The Varsity
TJX Companies
TMX Group
Toronto 2015 Pan Am/Para Pan Am Games
Toronto Financial Services Alliance
Toronto Memory Program
Towers Watson
Tricor Pacific Capital Inc
TrojanOne
U.S. Commercial Service
UBS Securities Canada
Unilever Canada
Univa Corporation
University of Toronto
Venture Accelerator Partners Inc.
Verold Inc
Vigilant Global
Vision Capital Corporation
Voco Canada Inc.
VRG Capital
Walmart Canada Inc.
Wealhouse Capital
Wells Fargo Financial Corporation Canada
Wise Capital Management
Wisely
WSIB Ontario
Yellow Point Equity Partners
ZS Associates
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ALUMNI ENGAGEMENT
2014 marked the ninetieth anniversary of the first Bachelor of Commerce degrees being awarded at
the University of Toronto. The current Rotman Commerce program is the legacy of ninety years
of expertise in business education, during which time more than 13,000 students have proudly
earned their degrees.
We celebrated this milestone with a number of special ninetieth anniversary events for students and alumni, beginning in January with
a student social and an Inside the Alumni Network event with Pamela Laycock (BCom ’87), Senior VP of Corporate Development and
Strategy at Torstar. In February, Ken Valvur (BCom ’84), Founder and President of the Ontario Spring Water Sake Company, hosted a
fascinating brewery tour and sake tasting event at the company’s distillery in Toronto’s historic distillery district. President and CEO of
Manulife Financial Corporation, Donald Guloien (BCom ’80), spoke to a rapt room of Rotman Commerce students and alumni at our
annual Leadership in Business talk in March, while in April, we hosted a special ninetieth anniversary Evening for Young Professionals
at the Drake Hotel for graduates from the last ten years. Our celebrations culminated in May at an all-alumni celebration at the Royal
Conservatory’s TELUS Centre for Performance and Learning that featured remarks from UofT Chancellor Michael Wilson (BCom ’59),
followed by an exclusive performance by Juno award winning jazz vocalist Sophie Milman (BCom ’11). In addition, several of our
graduates, including Jim Balsillie (BCom ’84), Danièle Bertrand (BCom ’82), Vinay Chopra (BCom ’01), Geoff Chutter (BCom ’76),
Marilyn De Mara (BCom ’75), Alan Redway (BCom ’58), Mark Weisdorf (BCom ’79), David Wilson (BCom ’68), and Betty Yuen (BCom
’79), agreed to be profiled on our website as part of our 90th anniversary alumni recognition.
Our alumni also continue to contribute immeasurably to our program by volunteering with our students as mentors, guest speakers,
event facilitators, and coaches. A number of our key initiatives, such as the Alumni Mentorship Program, Alumni Coffee Breaks, and
Inside the Alumni Network, which allow our students to learn directly from our alumni, are only possible because so many of our
graduates are willing to come back and donate their time and expertise to today’s students. Additionally, our alumni are vital to the
success of our experiential learning and industry training programs such as our Management Consulting Alumni Program (MCAP),
Portfolio Management Group (PMG), Initiative Consulting, Accounting Bootcamp, and Simplify the Street, and give generously of their
time to participate in our student group events and as members of our Alumni Steering Committee.
24
ALUMNI ENGAGEMENT
BY
TH
E N
UM
BE
RS
B
Y T
HE
N
UM
BE
RS
NUMBER OF ALUMNI WHO VOLUNTEERED IN PROGRAM ACTIVITIES
250+
NUMBER OF INSIDE THE ALUMNI NETWORK DISCUSSIONS
5
NUMBER OF ALUMNI ON OUR ALUMNI STEERING COMMITTEE
9NUMBER OF ALUMNI MENTORS IN THE ROTMAN COMMERCE MENTORSHIP PROGRAM
25
A N N U A L R E P O R T | 2 0 1 3 / 1 4
116
CONVOCATION 2014
On June 13, 2014, the Rotman Commerce Class of 2014 accepted their Bachelor of Commerce degrees at Convocation
Hall. Following an inspirational address by former President of Minto Urban Communities and GreenSoil Investment
Chairman and Co-Founder, Alan Greenberg (BCom ’83), the next generation of Rotman Commerce alumni crossed the
stage to receive their degrees. At the convocation reception that followed, a number of students were honoured with
Director’s Awards to recognize academic excellence, innovation, leadership, and spirit.
D I R E C T O R ’ S AWA R D S R E C I P I E N T S 2 0 1 3 - 1 4
Academic ExcellenceHadi AhmadJae Hyun ChaSophia KimJordan KremblewskiKe LiCe Shi
InnovationShunxin Cinthia LinMegan JiangMarina Milenkovic
LeadershipKwan Ho FokNicola RothgiesserChristina TroinaHailey Vasyliw
SpiritKristine AndalLakshman NamburiJennifer PazioShayaan Shahbaz
26
CONVOCATION 2014
rotman Commerce attracts the best and brightest students from around the world due to our excellent academic
reputation and our innovative programming. We could not continue to offer and improve upon the high calibre of
education for which we are recognized were it not for the generosity of our donors, whose contributions support
numerous student life, international study, and professional development opportunities annually. To those who give
so generously, THANK YOU for your ongoing commitment to the education of tomorrow’s business leaders. To those who wish to
renew or begin their contributions, please visit us online at rotmancommerce.utoronto.ca/donate.
Remember that thanks to the Building Canadian Leaders Matching Scholarship Fund, endowed by alumnus David Scrymgeour,
BCom ’79 (see page 13), scholarship endowment donations will be matched dollar for dollar to double their impact. There has
never been a better time to support Rotman Commerce. Your contributions make a crucial difference.
$250,000+Peter P. Copses (BCom ’80) and Judith V. Mueller (BCom ’80) T. David Scrymgeour (BCom ’79)
$20,000 - $249,999Fednav Limited HSBC Bank Canada The Lawrason Foundation Robert D. (BCom ’66) and Joan McKeracher
$5,000 - $19,999The Friends and Family of Bobby HundalThe Family of Ms. Catherine M. Logie Lorne Weil (BCom ’68)
$1,000-$4,999Cynthia Anne J. Bishop Kenneth Corts and Anna-Marie Castrodale Ernst & Young Matching Gifts Program for Higher Education Institutional Equity Traders Association Janet L. Lamb (BCom ’73)Stephens B. Lowden (BCom ’60)Alan (BCom ’58) and Louise Redway Deanne Saunders Dragan Stojanovic (BCom ’03)Kenneth A. Valvur (BCom ’84)Anonymous (1)
$500-$999David L. Adams (BCom ’79)Ron Bull (BCom ’69)David W. Finlay (BCom ’84)Brian (BCom ’81) and Colleen JohnstonBrian and Colleen Johnston (BCom ’81)Marcin Kiersnowski (BCom ’09)George Kosmas (BCom ’93)Theodore H. Spevick (BCom ’70)Maureen Stapleton Michael A. Tambosso (BCom ’79)Filomena ZielinskiAnonymous (1)
$250-$499Mary Bukovcan (BCom ’92)David J. (BCom ’66) and Sandra A. JohnstonAndrea Kwan Kecheng Li Elena Mascarenhas (BCom ’81)Nick Pantaleo (BCom ’80)George P. Petropoulos (BCom ’80)Norman W. Quon Stephen Stewart (BCom ’02)Luigi (BCom ’03) and Tonia (BCom ’01) TrentadueJohn W. L. Winder (BCom ’54)Janice E. WitkowskiAnonymous (4)
$100-$249Diana Addeo (BCom ’96)Fahad Ahmed (BCom ’09)Lyne Arseneau (BCom ’88)Sheila M. Baird (BCom ’59)Mark S. Bonham (BCom ’82)John F. Bulloch Salvatore Cesario (BCom ’78)Grace S. M. Chow (BCom ’82)Alison Cuffari (BCom ’05)K. Allan Cuzen (BCom ’57)Robert A. Davis (BCom ’89)Neil Edward de Gray (BCom ’07)Harry A. Drew (BCom ’54)Jean M. Due (BCom ’46)Norman James Elliott (BCom ’62)Annette G. Filler (BCom ’87)John A. Foulds (BCom ’71)Darren Jason Francis (BCom ’02)Betsie (Ewing) Gerber (BCom ’47)E. Philip Giroday (BCom ’77)Joseph Jany (BCom ’60)Mulhim Khan (BCom ’09)Enn C. Kiudorf (BCom ’88)Brian La (BCom ’07)Nancy B. Lee (BCom ’91)
Gary S. Love (BCom ’84)Kevin Chung Pui Mak (BCom ’07)Andy Mark (BCom ’81)Nicholas Martin-Sperry Karen McLeister Terence A. McNally (BCom ’72)Robert Michaud P. Douglas Musselwhite (BCom ’62)Aleksander Oleszkowicz (BCom ’70)J. Clair Peacock (BCom ’59)Matthew Arnold Pereira (BCom ’11)W. John Rae (BCom ’62)Donald L. Richmond (BCom ’74)Duncan E. Rowland (BCom ’91)Stanley B. Stein (BCom ’66)Cheryl J. Swan (BCom ’80)Jeffery David Trapp Eric E. Trethewey (BCom ’49)Christine Wilhelm Ken Wormald (BCom ’48)Samuel Yen (BCom ’94)Dilshod Zakhidov (BCom ’10)Zhao’an Zhang (BCom ’03)Anonymous (8)
* Donor listing reflects gifts received between May 1, 2013 and May 30, 2014.
OUR DONORS
28
O U R M I S S I O NRotman Commerce seeks to inspire and empower our students and alumni to become innovative leaders and engaged citizens who contribute to the success of organizations and the betterment of communities in Canada and around the world.
Inside front cover and pages 24 (far right and background), 25-27Lisa Sakulensky
Pages 2, 4-7, 9-11, 14, 18-10James Kachan
Pages 6-7Shayaan Shahbaaz
Page 9 Diana Tyszko
Page 12 (left)Courtesy of Peter Copses and Judith Mueller
Page 12 (right)Courtesy of the University of Toronto
Page 15 (top)He (Jimi) Li
Pages 15 (bottom), 16, 19 (far right), 24 (middle)Andrea Kwan
Pages 20-21Meaghan Ogilvie
Page 24 (far left)Courtesy of Manulife Financial
PHOTOGRAPHY CREDITS
125 St. George StreetToronto, Ontario M5S 2E8
Tel: +1 416.978.3339 Fax: +1 416.978.5844
Email: [email protected]
@RotmanCommerce
Rotman Commerce Alumni Network
www.facebook.com/RotmanCommerce