Schulich Achievements - 2020 -2021 YEAR-END REPORT
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WHAT’S INSIDE 2 Teaching & Learning 6 World-Class Research 12 Student Success 16 Alumni Success 20 School Success 24 Strengthening b Our Achievements Schulich Community
Thank You! A Message from Schulich Dean Detlev Zwick Dear Members of the Schulich Community, I am very pleased to present the first ever year-end report highlighting the many achievements of Schulich’s faculty, staff and students for the past academic year. As Dean, it gives me great pride to see so many of your accomplishments reflected in the pages of this report. These accomplishments are a great and enduring testament to the spirit of togetherness, hard work and perseverance of the entire Schulich community in the face of the unprecedented challenges brought about by the pandemic. From first-place finishes at case competitions and winning prestigious research awards to teaching innovations and community outreach that made an impact, our wonderful community of students, faculty, staff, alumni and supporters excelled in a most remarkable fashion. To the entire Schulich community — when it was needed more than ever, you came together to make this academic year a year to be proud of. Thank you! Sincerely, Detlev Zwick, PhD Interim Dean 2020 – 2021 Year-End Report 1
Teaching & Learning Since the pandemic, we’ve invested heavily in new teaching technologies that enhance the remote learning experience. Our long-term goal: to become a leader in delivering hybrid formats of learning and more flexible programming for a world that is increasingly digital. 2 Schulich Achievements
We migrated all Schulich We created the Office of We launched courses to an online format Curriculum Innovation and exclusive career and piloted a hybrid format for Teaching Excellence to workshops for the Kellogg-Schulich EMBA. support the technology needs alumni in of Schulich’s faculty and added collaboration 2 academic technologists. with SEEC. We rolled out a new software We launched a new microsite platform and mobile app profiling our student case branded OneSchulich to competition achievements. support our 54 undergraduate and graduate student clubs and virtual student networking. SCHULICH CREATES ONLINE OPEN COURSE ABOUT THE PANDEMIC Schulich created a first-of-its-kind, inter-disciplinary online course on leadership lessons from the pandemic. Titled “Leading Through the Pandemic: Insights from Individuals, Organizations, Governments and Societies”, the course brought together the expertise of 11 Schulich faculty members from a wide range of disciplines — everything from strategy and marketing to real estate and sustainability — to provide students with important business insights about the COVID-19 pandemic. 2020 – 2021 Year-End Report 3
TEACHING & LEARNING We conducted an More than 70% of Schulich’s environmental scan on the graduate and undergraduate We designed and future of business education courses are using asynchronous delivered a four-part to enrich the collected content to support teaching Teaching Online series data and inform a series of and learning. combining lessons learned discussions at Faculty Council. from Schulich’s most innovative instructors and training on learning technology tools. + We delivered bi-weekly Teaching Online drop-in sessions for faculty and more than 20 teaching excellence workshops with an average of 40 participants per session. + We produced a monthly A large percentage of graduate students (66%) in a Curriculum Innovation survey reported “high satisfacation” with the delivery & Teaching Excellence of remote teaching during a year marked by pandemic (CITE) newsletter lockdowns and a completely new learning environment. addressing emerging The student survey also showed that teaching evaluations concerns and sharing best were as good or better than before the introduction of practices in teaching and director-led ZOOM instruction and asynchronous learning. course design. 4 Schulich Achievements
Experiential Learning INNOVATION & ENTREPRENEURSHIP During the 2020-2021 academic year, we established the Office of Innovation and Entrepreneurship to lead the development of accelerator/incubator services for the School and its various programs, build new partnerships throughout the wider innovation ecosystem and continue its work designing innovation-centric Work Integrated Learning programs. Chris Carder, Executive Director of the Office of Innovation and Entrepreneurship at Schulich WORK PLACEMENTS CONSULTING PROJECTS SCHULICH PARTNERS • Over 200 innovation/ • Schulich’s graduate students WITH STARTUP INDIA startup work placements for in programs such as the Master TO LAUNCH VIRTUAL our students and more than of Business Analytics and the 500 coaching sessions. Master of Management in ENTREPRENEURSHIP Artificial Intelligence took VENTURE COMPETITION part in a wide range of CASE COMPETITIONS Schulich partnered real-world consulting projects • A total of 14 different Schulich during the year. with Startup India to graduate teams participated create a seven-day • Corporate clients included in 9 case competitions, 6 of companies such as Cineplex, virtual Entrepreneurship which were global. Loblaw, OMERS, Ontario Power Bootcamp and Venture Generation, L’Oréal and CIBC. Competition in January • The graduate teams placed 2021. in the finals at 6 of the 9 competitions. STRATEGY FIELD STUDY Backed by global • Largest ever MBA Case Team, organizations, leading • During the past year, a total entrepreneurs, and top with 25 graduate-level team of 55 teams comprised of venture capitalists, members. 327 graduate students started 250 student entrepreneurs a Strategy Field Study (601) from India and Canada INTERNSHIPS project. formed teams and were • Schulich’s Career • 10 Faculty Chairs guided the challenged to come up Development Centre 55 teams and 110 Schulich with potential solutions posted 1,440 undergraduate faculty members were involved that aligned with the internships and 1,248 as advisors. values of self-reliability, graduate internships. • The 601 Office secured 40+ sustainability, and social client sites — the highest number purpose. Throughout the • Companies that recruited ever — through the alumni week, the 50 teams had Schulich students for network, active outreach, and the opportunity to consult internships included Amazon, our own professional networks. with various mentors from Deloitte, CIBC, KPMG, Royal Canada and India to refine Bank, Nestlé and Labatts. their ideas before the • All 23 IMBA students secured judging round. Through internships at companies three judging rounds, that included Panasonic, leading venture capitalists BlackBerry, Michael Kors and and investors chose the Cognizant. top three venture ideas. 2020 – 2021 Year-End Report 5
World-Class Research We transformed our School’s research efforts during the past year by implementing a dual strategy built around research intensification and knowledge mobilization. 6 Schulich Achievements
Research Highlights MINISTER’S AWARD PRESIDENT’S EMERGING RESEARCH OF EXCELLENCE LEADERSHIP AWARD Schulich professor Theodore Noseworthy was named a Murat Kristal received recipient of the York Research Award a Minister’s Award of for “his extraordinary leadership and Excellence from the contribution to the fields of marketing Ontario Ministry of and consumer studies”. Colleges and Universities for his leadership role in developing an analytics dashboard to provide daily insights into the spread of COVID-19. BEST INDUSTRY STUDIES PAPER AWARD A research paper on early-stage drug development co-authored by Moren Lévesque was named the runner-up in this year’s Ralph Gomory Best Industry Studies Paper Award for excellence in industry studies research. The research paper found that scientific teams in biopharma companies might be allocating too much time to early-stage drug discovery projects that are doomed to fail. NEWLY APPOINTED RESEARCH CHAIRS Kiridaran (Giri) Kanagaretnam, Professor of Accounting and Associate Dean, Students, was appointed the Ron Binns Chair in Financial Reporting, Banking and Governance. David Johnston, Professor of Operations Management and Information Systems and Director of the Master of Supply Chain Management Program, was appointed as the inaugural George Weston Ltd Chair in Sustainable Supply Chains. 2020 – 2021 Year-End Report 7
WORLD-CLASS RESEARCH Honours & Accolades SCHULICH RESEARCH EXCELLENCE FELLOWS Charles Cho, Professor of Yelena Larkin, Associate Accounting, is listed as the Professor of Finance, was We established the new most-cited academic in invited to attend a meeting Schulich Research Excellence Canada in the Accounting of the House of Commons of Fellow as a means of retaining, subfield for 2019. Canada’s Standing Committee incentivizing, and recognizing on Industry, Science and non-chaired tenured faculty Technology as an expert witness members who are achieving to share the implications research excellence. of her research regarding The following 13 faculty competitiveness in Canada. members qualified for the inaugural launch of the Schulich Research Excellence Fellow: Adam Diamant Associate Professor of OMIS Irene Henriques Matthias Kipping, Professor Professor of Economics of Policy, released a new Yelena Larkin book, History in Management Associate Professor and Organization Studies: of Finance From Margin to Mainstream, Maxim Voronov, Professor Moshe Arye Milevsky providing a historical roadmap of Organization Studies, Professor of Finance on management research. was appointed Senior Editor, Grant Packard Organization Studies. Associate Professor of Marketing Perry Sadorsky Professor of Economics Gregory Saxton Associate Professor of Accounting Ruodan Shao Associate Professor of Organization Studies Ela Veresiu, Associate Winny Shen Professor of Marketing, Associate Professor of served as a Reviewer for the Organization Studies Marketing Science Institute’s Linda Thorne Alden G. Clayton Dissertation Professor of Accounting Proposal Award. Maxim Voronov Professor of Organization Studies Julian Scott Yeomans Professor of OMIS Luke Zhu Associate Professor of Organization Studies 8 Schulich Achievements
SCHULICH RESEARCHERS AMONG WORLD’S MOST CITED 23%: the year-over- The following is a list of Schulich faculty members who were among year increase in the top 2% most cited researchers in their the number of research articles field and/or subfield in the world: authored by Schulich’s • Russell Belk • Dean Neu faculty members that were published • Charles Cho • Robert Phillips in the Financial Times • Eileen Fischer • Perry Sadorsky Top 50 journals. • Matthias Kipping • Gregory Saxton • Dirk Matten SCHULICH LAUNCHES TWO NEW Developing the Next Generation of CENTRES OF EXCELLENCE HEALTH LEADERS Thank you to Robert Krembil and the We established two new Centres of Excellence during Krembil Foundation for your $5-million gift to the Schulich School of Business at York University the past academic year: the Krembil Centre for Health – a significant contribution that will change the lives of our students for decades to come. Management and Leadership, made possible by This gift will go toward the establishment of the Centre of Excellence in Health Management and Leadership designed to become a leading global hub of industry outreach, education and research at Schulich and expansion of the Krembil Scholars Program. a generous $5 million donation from the Krembil Through the Krembil Foundation, the family has generously donated more than $12 million to the Schulich School of Business and York University since 2001, including the Krembil Scholars Program, a groundbreaking scholarship program Foundation and Schulich graduate Robert Krembil that set the gold standard for financial aid support in Canada. The Centre of Excellence in Health Management and Leadership will be located in Schulich’s Rob and Cheryl McEwen Graduate Study & Research Building, opened in January 2019. (MBA ’71, Hon LLD ’00), and the George Weston Ltd Today’s gift is part of Schulich’s Leading Change Campaign, the School’s most comprehensive and ambitious fundraising Centre for Sustainable Supply Chains. and alumni engagement campaign to date. Under the leadership of Dean Dezsö J. Horváth, C.M., and the Leading Change Campaign Cabinet, the School has raised more than $65 million. The newly established Centre for Health Management Robert Krembil, C.M. (MBA ’71, Hon LLD ’00) President, Chiefswood Holdings Chair, Krembil Foundation Member, Dean’s Advisory Council, Schulich School of Business Recipient, Schulich Alumni Recognition Award for Outstanding Executive Leadership, 2005 and Leadership will become a leading global hub of Recipient, York University Bryden Alumni Award for Outstanding Contribution, 2019 Leading Change is an initiative of: IMPACT: THE CAMPAIGN FOR YORK UNIVERSITY industry outreach, education and research at Schulich. The Centre will combine academic excellence in degree programs and executive training together with substantial scholarship support and collaborative research on The Schulich School of Business launches the George Weston Ltd Centre leadership opportunities in the health sector. for Sustainable Supply Chains and Research Chair Strong, sustainable supply chains have never been more critical the Centre’s inaugural Research Forum “Supply Chain Problems: than they are now. That is why the Schulich School of Business and Practical Insights from Emerging Research.” The Forum brought George Weston Ltd have joined forces to establish a new Centre management researchers and industry together to find practical of Excellence and Research Chair. solutions and explore new opportunities. The new George Weston Ltd Centre for Sustainable Building on Schulich’s unique Master of Supply Chain Management (MSCM) program, its deep relationships with industry and George Weston Ltd’s world-class expertise in supply chain management, the new Centre is poised to be a global leader in supply chain education. Thank you to George Weston Ltd for this transformative partnership — one that will help develop the next generation of sustainable supply chain leaders. Supply Chains will become a global leader in management On May 28, Schulich officially launched the George Weston Ltd Centre for Sustainable Supply Chains and announced the Research Chair at For more information, please visit: schulich.yorku.ca/supplychains education and research related to supply chain management, and a hub for industry outreach and collaboration. “ Our goal is to harness the desire for change emerging in a post-pandemic economy and engage industry, academics, NGOs and government in a dialogue, one that leads to an actionable agenda that modernizes critical infrastructure, lowers greenhouse gas emissions, From top: Krembil Centre for Health Management and Leadership announcement and provides environments where people can thrive.” DAVID JOHNSTON, PhD Program Director, MSCM; Director & Research Chair, George Weston Ltd Centre for Sustainable Supply Chains in the Globe & Mail, June 2020; George Weston Ltd Centre for Sustainable Supply Chains announcement in the Globe & Mail, May 2021 Global Reach. Innovative Programs. Diverse Perspectives. schulich.yorku.ca 2020 – 2021 Year-End Report 9
WORLD-CLASS RESEARCH Research Awards RECIPIENT AWARDS/HONOURS Charles Cho • 2020 Honorable Knight Award, University of Central Florida’s Hall of Fame • The most-cited academic in Canada in the Accounting subfield for 2019 Ivona Hideg • 2020 Kauffman Foundation Best Student Paper Award from the Gender and Diversity Division (GDO) of the Academy of Management for a paper co-authored with a former MSc student Ambrus Kesckes • Best Paper Award for Corporate Finance, Academy of Finance Conference, 2020 Murat Kristal • 2020 Recipient, Ontario Minister of College’s and Universities’ Award of Excellence for contributions to the province during the pandemic Yelena Larkin • First prize in the Pagano-Zechner award for the Best Non-Investments Paper in the Review of Finance in 2019 –2020 Brent Lyons • 2020 York Research Leader Nicole Mead • 2020 Outstanding Reviewer Award, Journal of Consumer Research • Commendation from the Society for the Improvement of Psychological Science (SIPS), 2021 Lilian Ng • 2020 AFAANZ Best Paper Award in Corporate Governance; “Labor Voice in Corporate Governance: Evidence from Opportunistic Insider Trading” • 2020 AJFS Best Paper Award (Sponsored by Mirae Asset Global Investments); “Insider Trading, Informativeness, and Price Efficiency Around the World” Theodore J. • 2020 York University “Research Leader” Designation Noseworthy • 2020 Journal of Consumer Research (JCR) Outstanding Reviewer Award Grant Packard • Outstanding Reviewer Award, Journal of Consumer Psychology, 2020 M. Johnny • 2020 10th Most Cited Paper in the 50-year history of Decision Sciences for Rungtusanatham article titled “The Severity of Supply Chain Disruptions: Design Characteristics and Mitigation Capabilities” • 2019 Best Paper Finalist, Decision Sciences, 2020 Perry Sadorsky • 2020 Web of Science Highly Cited Researcher in the field of Economics and Business Linda Thorne • The Lazaridis Institute Prize for Paper on Accounting Issues Relevant to Technology Firms for “A Study of Technological Adoption in the Audit Industry: The Theory of Disruption Applied to a Regulated Industry”, 2020 (With Krista Fiolleau, Carolyn MacTavish, Errol Osecki) Ela Veresiu • 2020 York University Research Leader Award Maxim Voronov • Mike Wright Prize for Best Journal of Management Studies Reviewer, August 2020 • Best Developmental Reviewer Award, Academy of Management Review, August 2020 • Best Reviewer Award, Academy of Management Journal, August 2020 • OMT Research Committee Service Award, August 2020 10 Schulich Achievements
SSHRC Insight Grants Results Pouyan Foroughi Mark Kamstra Lilian Ng Amin Mawami Burkard Eberlein Assistant Professor of Professor of Professor of Associate Professor Professor of Finance Finance Finance of Accounting Strategic Management/ “When do acquirers “Investor attention, “How firms combat “Evaluation of Public Policy overpay for target mood, and price climate change: wage subsidies for firms? Evidence persistence” International public corporations “Global sustainability from M&A target evidence” during COVID-19 standards in national valuation analyses” using legislative context: Comparing and accounting business-government disclosures” interactions in Argentina, Brazil and Canada” SCHULICH REVAMPS FACULTY & RESEARCH WEB PAGE The Faculty & Research section on the Schulich website was completely revamped with new modules that include: • Spotlight on Research • Faculty Impact • Research Funding • Publication Database • Schulich’s Centres of Excellence and other Research Institutes and Labs • A breakdown of Schulich faculty by research area 2020 – 2021 Year-End Report 11
Student Success Schulich’s students won top prizes and excelled in various national and international competitions, while the School raised a record amount of funding for new student scholarships. 12 Schulich Achievements
#1 – Yale Case #1 in the world + Top 10 – Competition $50,000 US cash prize ICC Global Mediation in the annual Urban Competition in Paris Land Institute (ULI)/ 42 schools from 30 countries competed over 6 consecutive Hines Global Case days. Competition Yanlin (Lynn) Zhou, a student in Schulich’s Master of Real Estate & Infrastructure Program, was part of an all-Toronto team that captured top spot in the case competition. 20 schools participated, including Yanlin (Lynn) Zhou, MBA Case Competition coach Joe Fayt Harvard, Yale and Berkeley MREI Candidate ’21 with the team in Paris, February 2020 #1 at the 2021 National MBA Games #1 in Academics #1 in Athletics #2 in Spirit 250 students from 16 MBA Programs across Canada competed 2020 – 2021 Year-End Report 13
STUDENT SUCCESS Top 20 – Global Case #3 – Global HEC Final Round at Competition at Harvard CSR Challenge the 2021 Net Impact Close to 200 teams from all Case Competition over the world took part. Two teams from Schulich made Schulich is one of only two it all the way to the final round schools who have made it to of the leading sustainability- the Top 10 three times. focused case competition for graduate students. Congratulations to our MBA Team on finishing in the Top 3 at the 2021 HEC CSR Challenge #2 – John Molson Final Four at the 2021 International Canadian Marketing Undergraduate Team Schulich, Global Case Competition, League National Case Case Competition Harvard, April 2020 Competition A team of 3rd and 4th year Schulich Master of Marketing Schulich undergraduate students Julianna Akindele students placed 2nd overall #2 – L’Oréal and Maggie Chen made it within their division at the Brandstorm, Canadian to the final four in a case largest undergraduate case competition formerly known as competition in the world with National Finals “Canada’s Next Top Ad Exec”. 150 participants from 28 Three Schulich teams made it business schools in 13 countries. to the Top 10. Top 3 – University of Toronto LIVE Case Competition Top row: Yusuf Khan and Monica Xie Two Schulich teams placed Julianna Akindele, Maggie Chen, Bottom row: Rachel Aarons and 2nd and 3rd at Canada’s leading MMKG MMKG Nour Nassif undergraduate strategy case Candidate ’21 Candidate ’21 competition. #2 – Ted Rogers #3 – UNB Data Ethical Leadership Challenge Case Competition Thirty teams from 8 countries Canada’s largest undergraduate competed in the sustainability business ethics case competition. challenge. The winning undergraduate teams with coach Mona Afrouz 14 Schulich Achievements
Student Entrepreneurial Success Stories Amy Ge (MBA ’21), founder of Heartcade, an alternative game-based dating app, was chosen as the winner in the Student category at the Fall 2020 Startup Night session. Bansee Dave (MBA ’21), founder of Myoga, a company that brings advanced Indian yoga masters into people’s homes for personalized wellness classes, was declared the winner in the Student category at the Spring 2021 Startup Night session. Daniyal Dehleh (iBBA ’21), founder of BeTimeFul, a browser extension that makes social media usage less addictive, won the Peterson Family Gold Medal in Entrepreneurship and his company won the BEST Lassonde Impactful Tech Award. Dimash Kunayev (MBA ’21) launched Engamio, an easy-to-use platform that helps event professionals boost audience engagement at virtual and hybrid events through gamification. Dimash raised over $500,000 in angel funding and has been accepted into the York Entrepreneurship Development Institute (YEDI) Accelerator Program. 1,241 Schulich graduated one of the highest number of students in the School’s history: 1,241, of which 465 were undergraduate students and 776 were graduate students. 2020 – 2021 Year-End Report 15
Alumni Success Schulich’s alumni continued to make a mark in the world of business by winning top honours, launching new ventures, rising through the ranks of companies and organizations, and giving back to their alma mater. 16 Schulich Achievements
Governor General’s Schulich 83 Events Involving Gold Medal Engage Series Participants from Schulich graduate Michelle Per We launched the Schulich 40 Countries (BBA ’18) won the prestigious Engage Series, featuring Our Alumni Relations office Governor General’s Gold Medal alumni in eight countries who carried out 83 events at the 2020 Common Final delivered 10 dynamic fireside involving participants from Examination (CFE) — the top chats to Schulich students 40 countries. result in the country. in partnership with Student Services & International Relations and faculty advisors. Alumni Professional Development Schulich Workshops Engage Schulich’s Alumni Relations CONNECT WITH office launched Alumni YOUR COMMUNITY Professional Development workshops in partnership with the Schulich Executive Education Centre (SEEC) to meet the career needs of alumni from around the world. Michelle Per (BBA ’18) Our Alumni Mentorship Program engaged more than 2,000 Schulich alumni and over 600 students. 2020 – 2021 Year-End Report 17
ALUMNI SUCCESS C-Suite Appointments James P. O’Sullivan Susan E. Hutchison Jack Fraser (MBA/LLB ’90) (MBA ’97) (EMBA ’13) Chief Executive Officer, President, Chairman of the Board, IGM Financial Equifax Canada Hill Street Beverage (Sept. 2020) (Dec. 2020) Company Inc. (Jan. 2021) Lori Kerr John H. Kousinioris François L. Poirier (IMBA ’99) (MBA/LLB ’90) (MBA ’91) Chief Executive Officer, President and CEO, President and CEO, FinDev Canada TransAlta Utilities Corporation TC Energy Corporation (April 2021) (April 2021) (Jan. 2021) CONNECT Online ’20 Leadership and Resilience Schulich’s CONNECT 2020 Alumni Forum: • 400+ attendees • 32 speakers • 9 sessions 18 Schulich Achievements
Alumni Entrepreneurs SCHULICH ALUMNI GUEST SPEAKERS Swyft, a logistics technology company Prominent and successful co-founded and led by former Schulich Schulich alumni participated Startup champion Aadil Kazmi (BBA ’15), in the School’s Launch raised $22 million in venture capital Week Leader Panels and financing, the largest amount ever for other conferences and a Schulich Startups Founder. events, including: Schulich Startups company ALT TEX, co-founded by Myra Arshad (BBA ’18), raised $1.5 million in pre-seed funding. Dennis Mitchell (MBA ’03), ALT TEX is working on the development of CEO & CIO, Starlight Capital a polyester replacement fibre for clothing that can be re-engineered from food waste. Canadian Astronaut Chris Hadfield and Chris Carder, Executive Director of the Office of Innovation and Entrepreneurship at Schulich, also invested in the business. Katie Taylor (MBA/JD ’84), Chair of the Board, RBC Schulich Startups company Skygauge Robotics, co-founded by Schulich graduate Nikita Iliushkin (BBA ’16), received a $3.3 Million seed investment round in October 2020. Vito Paladino (BBA ’99, MBA ’11), President, Audi Canada Treasured, a virtual museum platform co-founded by Vito Giovannetti (BBA ’14) was featured in The New York Times and on CBS Evening News. Reetu Gupta (MBA ’08), President and CEO, Easton’s Group of Companies; President and Co-Chair, The Gupta Family Foundation 2020 – 2021 Year-End Report 19
School Success Our School was rated among the very best in various business school rankings, our newest facility was recognized for its sustainable design, we saw year-over-year growth in student enrolment, and we raised record amounts of funding to support teaching and learning at Schulich. 20 20 Schulich Schulich Achievements Achievements
#1 in Canada $8.8 million Our Career Development Centre completed over: 2021 Economist During the pandemic year, MBA Ranking Schulich provided a record level • 2,600 one-on-one of student support through #21 in the world & 8th overall scholarships, awards, bursaries student coaching among non-US business schools. and other funding totaling appointments approximately $8.8 million. • 88 virtual workshops • 341 corporate recruiting events Kellogg-Schulich Executive MBA GMR Innovex Ranked #1 in Canada Schulich teamed up with GMR Group, our Schulich MBA and #9 in the World in India partners, on a new 2020 Economist EMBA Ranking innovation hub called GMR Innovex. The hub’s mission is to foster and drive innovation with start-ups, academia, research $3 million institutions and other platforms. We raised more than $3 million to create 30 new student awards & scholarships. Schulich rated one of the world’s top business schools for careers in Finance, Marketing and Operations Management* 17th in the world for careers in Finance 21st in the world for careers in Operations Management 22nd in the world for careers in Marketing *QS MBA by Career Specialization Ranking, October 2020 2020 – 2021 Year-End Report 21
SCHOOL SUCCESS Enrolment & Applications Despite the challenges brought about by the pandemic, Schulich saw substantial growth in applications and enrolment at both the undergraduate and graduate levels and across almost all programs. Graduate applications were Our School’s up 18% programs continue year-over-year. to attract high-calibre students from MBA applications were around the world. up 37% over the prior year. McEwen Building Undergraduate Achieves Gold applications were Standard in up 13% over the Sustainable Design prior year. Schulich’s Rob and Cheryl McEwen Graduate Study & Research Building received LEED Gold certification in March 2021 — one of the highest standards of sustainability for a building. TOTAL RAISED: 700 $65 M Schulich Startup Night registrations Our Leading Change Campaign, at the 15th edition Schulich’s most comprehensive and in March 2021 – the ambitious fundraising campaign to date, highest amount ever exceeded its $50-million fundraising goal by an additional $15 million 22 Schulich Achievements
Schulich Executive Education Centre New SEEC Executive Launches New Programs & Wins Director Rami Mayer New Clients Rami Mayer became the new Executive Director Despite the enormous challenges brought about by the of the Schulich Executive COVID-19 pandemic, the Schulich Executive Education Education Centre this past Centre (SEEC) converted over 60 executive development year and is leading Schulich’s programs to digital learning and launched 20 new programs. executive education division SEEC not only retained all of its clients, which included companies in a new direction, such as Walmart, FedEx, Sun Life and Loblaw, but won many new having refreshed high-profile clients. New programs launched by SEEC during the their portfolio past year include “Building Back Better: A Leadership Bootcamp with innovative for a Strategic and Sustainable Recovery”, “Strategic Foresight”, new programs. and “Digital Fluency”. The following are some of the other highlights from the past year for SEEC: • Expanded the popular Mini-MBA Program by targeting it at various professions, including engineers, dentists and physicians • Acquired more than $2 Million in funding from Ontario’s Ministry of Labour, Training and Skills Development for community-based programs • Introduced new leadership programs • Moved to micro-credentialing and digital badging for short course programs SEEC won more than 20 new, high-profile clients this year, including: Schulich’s inaugural Giving Day raised more than $62,000 Participants from a SEEC global leadership program in Athens 2020 – 2021 Year-End Report 23
Strengthening Our Community From support programs for our students to initiatives designed to improve the well-being of individuals here at home and around the world, the people of Schulich made our community and the community around us stronger, better, and more inclusive. 24 Schulich Achievements
We launched wellness support We created 8 new Equity, initiatives for undergraduate Diversity & Inclusion and graduate students. scholarships to remove SCHULICH STUDENTS financial barriers for students HELP TORONTO-AREA from Black, Indigenous and RETAIL BUSINESSES other under-represented DURING THE PANDEMIC communities. Schulich played a key role in the Digital Main Street ShopHERE Initiative when the City of Toronto partnered with our School and leading e-commerce We developed the Culture of companies such as Shopify, Integrity webinar to reinforce Google and Facebook to values of honesty, good launch online stores virtually conduct, respect and fairness. overnight at thousands of retail companies throughout We provided the GTA. We introduced the Fostering vital support to The Digital Main Street the Spirit of Entrepreneurship international initiative helped main street Among Black Youth online students retailers survive the COVID-19 course co-taught by Schulich significantly crisis by harnessing the instructors, Black entrepreneurs impacted by marketing and IT skills of and Black community leaders. COVID-19. Schulich’s business students as well as the digital expertise of some the world’s leading tech companies. As part of the project, 100 Schulich INDIGENOUS LAND ACKNOWLEDGMENTS students received work placements to help small We recognize that many Indigenous Nations have businesses move their longstanding relationships with the territories upon businesses online at no cost. which York University campuses are located that precede the establishment of York University. York University acknowledges its presence on the traditional territory of many Indigenous Nations. The area known as Tkaronto has been care taken by the Anishinabek Nation, the Haudenosaunee Confederacy, and the Huron-Wendat. It is now home to many First Nation, Inuit and Métis communities. We acknowledge the current treaty holders, the Mississaugas of the Credit First Nation. This territory is subject of the Dish with One Spoon Wampum Belt Covenant, an agreement to peaceably share and care @digital_mainst for the Great Lakes region. @digitalmainstreet 2020 – 2021 Year-End Report 25
STRENGTHENING OUR COMMUNITY Schulich Launches Business Excellence Academy We launched the Schulich Business Excellence Academy, a business education and mentorship program supporting The program ran for 60 Black and Indigenous Ontario high school students. two hours a day in the The program was conceived by four Schulich undergraduate evening, four days a week students, Rebecca Jodhan (BBA ’21), Brittany Rossi (BBA ’21), (Monday to Thursday) during Joy Zhang (BBA ’21), and Kim Tram (BBA ’21), and supported the month of July. Sessions by Schulich instructor Ushnish Sengupta, Michelle Hughes, were a combination of guest Recruitment & Communication Coordinator at Schulich, and speaker discussions, followed Ruodan Shao, Associate Professor of Organization Studies. by interactive activities led The program aims to help high school students discover the by undergraduate Schulich many career options tied to the world of business. students. “ What I love about the Business Excellence Academy is that it is a student-led initiative supported by our faculty and staff, all working together toward the shared goal of greater Black and Indigenous representation at our School.” DETLEV ZWICK, INTERIM DEAN SEEC Community Impact Initiatives BLACK STUDENTS Focused on Diversity, Equity & BUSINESS COLLECTIVE Inclusion Schulich entered into a collaboration with the Ivey The Schulich Executive Education Centre launched more Business School at Western than 20 community impact initiatives focused on Diversity, University, the Smith School Equity & Inclusion, including the following: of Business at Queen’s, and the Toronto District School • Talent and Inclusion Champion Program and Board’s Centre of Excellence 360 Assessment for senior leaders for Black Student Achievement • Unconscious Bias: Virtual Classroom Programs to develop a program called • Anti-Black Racism Short Program “Black Students in Business • Program for Ontario Native Women’s Association Collective”. The multi-year • Custom program for the Bimose Tribal Council, program is aimed at Grade 10 a First Nations educational institution & 11 students and is designed to create a pathway for • Custom Program for Black Entrepreneurs careers in business • A version of the Mini-MBA program specifically tailored following for Indigenous Leaders and other leaders who work with graduation. Indigenous communities • Overcoming Unconscious Bias to Achieve Diversity and Inclusion Webinar • Canadian Aboriginal Management Program • Diversity & Inclusion program for Kids Help Phone 26 Schulich Achievements
Schulich Creates Business CREATING GREATER Certificate Program for Toronto’s DIVERSITY, EQUITY & Black Community INCLUSION Schulich’s Diversity, We partnered with A Different Booklist Cultural Equity & Inclusion (DEI) Centre (ADBCC) — The People’s Residence to Working Group create an Introduction to Business webinar series for members of Toronto’s Black community. We established a Diversity, Equity & Inclusion (DEI) The eight-week business certificate program, which was free Working Group with of charge, covered topics ranging from marketing to human representatives from resources management and concluded with a session on how to the School’s student, develop a business plan. Each webinar included a lecture from staff, faculty and alumni a Schulich professor and a discussion with a Black entrepreneur. communities. Ashwin Joshi, Associate Professor of Marketing and Director The Working Group’s of Schulich’s MBA Program, described the webinar series as mission: “part of a more sustained and purposeful engagement between Schulich and the Black community in Toronto”. 1 identify ways to create greater Black and “ We’re delighted to be able to Indigenous representation; partner with ADBCC to create community-based learning that will help people grow their 2 integrate Black and businesses and turn ideas into Indigenous perspectives new business ventures.” into our curriculum and ASHWIN JOSHI learning; and 3 strengthen Schulich’s engagement with COMFORTING SENIORS external stakeholders to DURING THE PANDEMIC create greater career and business opportunities Schulich graduate Mahad Shahzad for Black and Indigenous (BBA ’20) created a non-profit called people. Chatting to Wellness to combat senior isolation and loneliness during the pandemic. The organization carries out weekly visits to retirement homes conducted by a student team of more than 30 volunteers to talk with lonely, isolated, and abandoned seniors. Mahad’s non-profit was selected as an Ownr’s Grant Recipient, a $25,000 fund sponsored by RBC Ventures for entrepreneurs in Canada, and was a recipient of the Jordan James Pickell Mental Health Achievement Recognition Award. 2020 – 2021 Year-End Report 27
A Remarkable Year Like No Other You could call it “the power of community”. It was the first time in our School’s We continued to produce research history that we had to deliver all of our that is making an impact on academic courses virtually. fields, on business practice, and in the classroom. And when the year was over, From the moment we had to pivot to we graduated one of the largest classes online courses more than a year ago, in our School’s history. the Schulich community came together, embraced the unprecedented challenge As the pandemic begins to ease, we before us with determination and recognize with pride that in the face dedication, and successfully transitioned of this historical challenge the Schulich to remote learning. community has continued to thrive. The School’s success over the past twelve It was a year of transition in so many months is the result of faculty, staff ways, one that saw the end of an era with and students working together, learning the close of Dezsö Horváth’s remarkable from one another, struggling together 32-year tenure as Dean, and the start of and supporting each other. a new chapter in Schulich’s history led by a new leadership team under Interim It was a year where we were tested Dean Detlev Zwick. like never before, and we responded with resilience and fortitude, kindness Through it all, we came together as a and generosity. It was a year where community. We supported our students we saw the very best of Schulich. and our executive learning clients. We re-invented the way we teach and how Thank you! we deliver learning, creating innovative new courses along the way. 28 Schulich Achievements
To the entire Schulich community — when it was needed more than ever, you came together to make this academic year a year to be proud of. Thank you! Follow us on Instagram: @SchulichSchool Follow us on Twitter: @SchulichSchool Connect with us on LinkedIn: linkedin.com/company/SchulichSchool Like us on Facebook: facebook.com/SchulichSchool schulich.yorku.ca Global Reach. Innovative Programs. Diverse Perspectives. 30 Schulich Achievements
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