Top 10 Schulich Stories of 2022
1. Schulich Establishes New Chair in Sustainable Finance
Thanks to a $1.25-million commitment made by CIBC, Schulich established a new research chair in sustainable finance that will pursue pioneering research to meet the growing sustainable investment needs of the financial sector. The CIBC Chair in Sustainable Finance will help bridge the gap between academia and industry in areas such as green energy transition, the low carbon economy, and the political, regulatory and governance challenges of a sustainable financial system. The new Chair will also expand the School’s expertise in the emerging field of sustainable finance and bolster its leadership in the field.
2. Schulich Showcases Business Thought Leadership
In early 2022 Schulich established a new, live speakers’ series called the Dean’s Leadership Dialogues. The series involves ongoing dialogues between Dean Zwick and a number of inspirational business leaders while also providing a dynamic and interactive platform for members of the Schulich community to engage with these leaders on a wide range of issues. Dialogue sessions that took place during the year included: Kim Parlee (IMBA ’95), VP, TD Wealth, and Host of Moneytalk on BNN Bloomberg and CTV; Jasper Cheung (MBA ’90), President of Amazon Japan; Vito Paladino (BBA ’99, MBA ’11), President of Audi Canada; and Katie Taylor (MBA/JD ’84, Hon LLD ’14), Chair of the Royal Bank of Canada. Schulich also created the Dean’s Desk, a new initiative launched in early 2022 to showcase the School’s thought leadership on the latest current and emerging trends in management and the world of business. Featured topics have included advertising ethics in the digital age, the rise of micro credentials in management education, navigating the new hybrid world of nonprofit and for-profit business, and business education and the metaverse.
3. Team Schulich Wins National Business School Competitions
Schulich’s case competition teams excelled in 2022. Team Schulich won the national MBA Games for the second year in a row in early 2022. As the previous year’s champion, Schulich hosted the online games, considered the largest MBA competition in Canada. The three-day event featured over 280 students from 16 MBA programs across the country competing in Academic, Athletic and Spirit challenges for the coveted Queen’s Cup. This year’s victory marked the third time in the last five years that Schulich has won the Queen’s Cup. Schulich also won the “School of the Year” title at the 2022 Jeux du Commerce Central (JDCC) competition as a result of 17 podium finishes in a wide range of categories, including debate, finance, and business strategy. The JDCC is the largest undergraduate business school competition in Central Canada with more than 600 student delegates from Ontario, Québec and the Maritimes.
4. Schulich Launches Weekend and Evening MBA Program Option
Accelerated by the pandemic and the rapidly changing world of work, students are increasingly looking for much greater flexibility in management programs – not only where they study, but also when they study. As one response to this new and growing trend, Schulich launched a new MBA program option – The Weekend and Evening MBA – in September 2022. The program is aimed at working professionals and provides them with a pathway to earn an MBA in 24 months without interrupting their careers.
The program combines core elements of Schulich’s traditional, full-time MBA in Year 1 together with a curated list of Schulich’s most popular MBA elective courses in Year 2.
Courses are taught in a Hyflex environment, with students able to access a maximum of four classes for each course remotely.
5. Schulich’s MBA Program Ranked Among World’s Best
Schulich’s MBA program performed well in a wide range of global rankings published during 2022. Schulich placed 1st in Canada and 40th in the world in The Economist MBA ranking. In addition to finishing 1st among Canadian business schools, Schulich placed 9th in the world among non-US schools in The Economist ranking. The dual degree MBA/JD Program offered by Schulich and Osgoode Hall Law School was named among the top 10 business and law programs in North America by FIND MBA, a leading management education website. The Financial Times of London, in its prestigious annual executive education ranking, rated Schulich’s Executive Education program 32nd in the world and 2nd in Canada, and it ranked the Kellogg-Schulich Executive MBA #1 in Canada and 30 globally. And Schulich ranked among the top 30 business schools in the world for MBA students wishing to pursue careers in finance, technology and information management. QS MBA ranked Schulich 13th in the world for careers in Finance, 25th in Technology, and 29th in Information Management. Schulich was also the #1 ranked MBA program in Canada for careers in Marketing.
6. Schulich Partners in Launch of New Tri-Business School Collective
Schulich participated in the launch of a pilot program as part of the Tri-Business School Collective – a partnership between Schulich, the Ivey Business School at Western and Smith School of Business at Queen’s – to address barriers that prevent the representation of Black students in business. The program is aimed at creating new pathways for Black high school students by enhancing their understanding of academic options and opportunities for careers in business following graduation, while supporting them financially to pursue an undergraduate business education.
7. Schulich Enters Into Experiential Education Partnership with CI Financial
Schulich and CI Financial Corp., a leading global wealth and asset management firm, signed a three-year Memorandum of Understanding in November to provide experiential learning opportunities and educational industry events to Schulich students. Under the terms of the agreement, CI Financial will offer 10% of its annual internships to Schulich students. In addition, CI Financial will engage students from Schulich’s one-year professional Masters programs in a minimum of four team consulting projects per year. The agreement also includes a provision for CI Financial and Schulich to organize and host two panel discussions under the theme of “Investing in the Future” each year, one during the Fall semester and one during the Winter semester. CI Financial and Schulich hosted their first joint panel discussion, “Leading Change in the Financial Services Industry,” at Schulich in November.
8. Schulich and MaRS Partner on Promoting Climate Innovations
A creative partnership between Schulich and MaRS gave eight undergraduate and graduate business students at Schulich an inside look at the many challenges climate tech ventures face as they try to grow their businesses for global impact. The students took part in the Mission from MaRS: Climate Impact Challenge, an initiative designed to help 10 of Canada’s most promising climate ventures accelerate deployment of their commercial solutions and overcome barriers that have held back their potential.
As part of the program, a special coalition of industry experts and corporate partners was established to act as industry advisors for each of the 10 ventures. Each participating Schulich student was also assigned to a venture as a Coalition Fellow. In exchange, the students earned academic credits and got the chance to connect and interact with a broad network of stakeholders, including entrepreneurs, scientists, engineers, investors, government officials and other subject-matter experts who supported coalition activities.
9. Schulich Has Record-Breaking Year in Research Grants
During the past year Schulich achieved an unprecedented 100% success rate in obtaining federal research grant income (Tri-Council Funding: SSHRC Insight Grants, NSERC Discovery Grants and CIHR Operating Grants). The School also secured more than $1.25 million in federal research grant income – a record high amount. Some of the School’s faculty members also enjoyed research success. Schulich Professor Dirk Matten was selected the #5 top scientist in Canada in the fields of Law and Political Science. Matten has published 29 books and edited volumes, as well as more than 90 journal articles and book chapters, which have won numerous prestigious awards. In 2018 he was ranked #44 in the ‘Top 100 Corporate Social Responsibility Influence Leader’ ranking (he was the only academic scholar on the list). And in 2019, he received the Lifetime Achievement Award from Schulich as well as the York Research Leader Award.
10. Schulich Receives Two Key Global Accreditations
Schulich received re-accreditation from two of the world’s leading accreditation bodies known for their rigorous assessment criteria: AMBA (The Association of MBAs), an international accreditation authority for graduate business education based in London, England; and EQUIS, widely regarded as the premier quality designation for business schools. Both accreditations affirm that Schulich continues to meet the highest standards with regard to learning and employability outcomes, program quality and real-world impact.