I NS TIT UT E
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U N I VERSI TY OF TORON TO M I SSIS S A UG A
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Institute for Management & Innovation / Annual Review 2015 • 2016
CONTENTS DIRECTOR’S NOTE
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OUR GRADUATE PROGRAMS Master of Biotechnology Master of Management of Innovation Master of Management and Professional Accounting Master of Science in Biomedical Communications Master of Science in Sustainability Management Diploma in Investigative & Forensic Accounting
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OUR STUDENTS IMI Around the World
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OUR ADMINISTRATIVE STAFF IMI Awards Reception
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OUR UNDERGRADUATE PROGRAMS Commerce Management
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ICUBE STARTUPS
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OUR ALUMNI Killulark (Laura) Arngna’naaq
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OUR FACULTY IMI in the Headlines Speaker Series New to IMI
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LI KOON CHUN FINANCE LEARNING CENTRE 2016 BIO CONFERENCE
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IMI-SUPPORTED EVENTS COUNTDOWN TO SUCCESS
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Last year was one of getting settled into our new surroundings, the magnificent Innovation Complex. This year has been one of really beginning to exploit these resources, and of seeing the benefits in terms of thriving programs and activities.
It has been both an enormous pleasure, as well as a privilege, to be associated with IMI’s launch. There have been exciting developments on the programmatic front within IMI. Our new 12-month MMPA, designed for graduates of the U of T’s undergraduate accounting specialist programs, launched in the Fall and will soon be graduating its first class. A new Master of Forensic Accounting has been approved by the University and awaits approval by the Province. As well, a highly innovative program with the working title Master of Management of Urban Innovation, which will complement nicely IMI’s other offerings, is in an advanced stage of development. Changes to the structures of our graduate programs mean that all now have a co-op format, and those developments, together with greater focus on the marketing of the programs, has resulted in significant increases in applications all round. As has interest in, and enthusiasm for, ICUBE, which has now established itself with astonishing speed as the go-to location in the western GTA for nurturing and developing business concepts through their earliest stages. It has been both an enormous pleasure, as well as a privilege, to be associated with IMI’s launch. I am confident that its wonderful administrative team, to be led during the forthcoming year by my colleague Professor Pierre Desrochers, will continue to surprise us all with their energy, creativity and inexhaustible capacity to get things done, and that as a result IMI will continue from strength to strength.
Best Wishes, Hugh Gunz, Director Institute for Management & Innovation
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MBIOTECH Master of Biotechnology
The MBiotech Program is tailored to meet the evolving needs of our students and those of the global health sciences industry. Our faculty is drawn from the Departments of Biology, Chemistry and Management. The program makes frequent use of guest lecturers from the biotechnology sector, including individuals from government, public and private companies, and members of other U of T faculties. The carefully selected combination of courses, coupled with relevant industry experience and a strong focus on teamwork, provides our graduates with a truly interdisciplinary educational experience at a world-renowned university. Our students come to the program with a strong work ethic, and learn to operate effectively in teams and develop their leadership skills. They also gain excellent opportunities to build communications skills through frequent presentations to their class, and to the wider community. Innovative thinking and entrepreneurship are actively encouraged. When our students graduate, a host of opportunities await them.
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MMI
Institute for Management & Innovation / Annual Review 2015 • 2016
Master of Management of Innovation
The MMI Program is an accelerated professional degree which focuses on the management of the innovation process and the diffusion of new technologies. The MMI courses provide a strong foundation in economic analysis, technology management, business strategy, finance and marketing. The program provides knowledge, skills and strategic perspectives required for leaders and senior managers responsible for managing the innovation process. This is done through small classes and research seminars that support interactive learning and maximum student faculty dialogue. This year, we introduced a mandatory internship requirement to the MMI. The internship is mandatory in order to be eligible for graduation and is completed during the final four months of the program. The goal of our internship term is to allow students to gain valuable, real-world work experience and an opportunity to demonstrate the key competencies the MMI program has taught them.
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MMPA
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Master of Management and Professional Accounting The MMPA Program covers the core of the MBA curriculum and subjects that are vital for technical leadership in the accounting profession of the future, delivered in an integrated academic and co-op work experience. The MMPA program is the only program dedicated to developing both MBA and Professional Accounting knowledge and skills in an integrated framework. An MBA learning experience develops analytical skills and caseoriented reasoning capacities, and an MMPA learning experience develops technical knowledge and application skills. The MMPA is designed to be the most time-concentrated Master’s level gateway to Professional Accounting and financial markets employment, particularly for students graduating from non-business programs. Advanced standing is available for business students.
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MScBMC
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Master of Science in Biomedical Communications The MScBMC Program offers an interdisciplinary graduate program in the design and assessment of visual media in science and medicine. Drawing on our rich heritage of medical illustration, Biomedical Communications (BMC) bridges disciplines (art, science, medicine and communication) to develop visual material for health promotion, medical education, and as part of the process of scientific discovery. BMC offers both an interdisciplinary Master of Science in Biomedical Communications (MScBMC) degree as well a BMC Undergraduate Minor Program that have an interdisciplinary focus in science communication.
Endoscopic transphenoidal surgery, watercolour-and-ink by Stacey Krumholtz MScBMC, Class of 2015
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MScSM
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Master of Science in Sustainability Management
The MScSM Program provides training for our graduates to act outside traditional disciplinary boxes and to integrate knowledge from management, social and natural sciences to address sustainability issues. MScSM is a 20-month program that consists of 10 required core courses, six elective courses, and a summer internship/co-op placement term of 10-16 weeks. Through their electives, students can select either a management or science concentration. Each core course provides the knowledge, skills and strategic perspectives that many forward-thinking leaders have communicated to us as essential to their organizations’ goals. Our graduates will be well-suited to provide effective leadership in the many fields that are emerging in the area of sustainability.
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DIFA
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Diploma in Investigative & Forensic Accounting The demands for and of Forensic Accountants have been growing as the field expands and as business and related schemes become more complex. To meet the challenges involved, the University of Toronto offers a Graduate Diploma in Investigative & Forensic Accounting (DIFA). It is intended to respond to the needs of the forensic accounting practice, securities regulation enforcement, police fraud squads, banking compliance, and compliance professionals in general. Consisting of 10 courses, the DIFA program is delivered part-time over a period of slightly more than two years, primarily on a distance-education, problem-based learning basis. Two one-week residency periods are required, one each at the beginning and end of the diploma. The remainder of the courses are delivered online in a web-based format. * The University has approved a new Master of Forensic Accounting (MFAcc) Program, hopefully to commence on September 1st, 2017. The MFAcc is subject to final approval by the Province of Ontario. When MFAcc commences, the DIFA Program will be replaced.
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In January two MScSM students were invited to discuss the Sustainable North at the prestigious Arctic Frontiers Conference in Tromso, Norway. They were among the first North American students chosen to present papers on food security in the Canadian Arctic and shifting ice conditions in the Northwest Passage.
Andrew Orawiec MScSM, Class of 2017
Kevin Jakiela MScSM, Class of 2017
G R A D U AT E S WITH
A
MISS
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Last spring students from IMI’s MMI program and the Institute of Communication, Culture, Information and Technology (ICCIT) were invited to travel to the Republic of Georgia as part of the Gadachrili Gora Regional Archaeological Project Expedition (G.R.A.P.E.) to investigate the origins of wine production and viticulture during the Neolithic Period (+/- 7,000 B.C.E.). The expedition is in its first year of collaboration between the University of Toronto and the Georgian Wine Association.
Andrew Graham Co-Director of G.R.A.P.E. and Lab Manager, LKC Finance Learning Centre Jane Dong MMI, Class of 2016
SION
IMI AROUND THE WORLD
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U of T Mississauga Principal Deep Saini welcomed IMI faculty and staff to the first annual IMI Awards Reception at Lislehurst, where outgoing IMI Director Hugh Gunz and MMPA Director Len Brooks were also recognized.
IMI AWARDS
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IMI FACULTY AWARD RECIPIENT - IRENE WIECEK
Associate Professor and incoming Director of the Master of Management and Professional Accounting (MMPA) program, Irene Wiecek was responsible for the redesign and accreditation of the MMPA program. Graduates can now receive advanced standing and be exempt from most of the 2-year CPA Professional Education Program (CPA PEP).
Irene Wiecek
Len Brooks
IMI STAFF AWARD RECIPIENT - NATASHA WALLI
Careers Officer Natasha Walli established the Mike Jalland Professional Development & Learning Centre (PDLC) for the Undergraduate Management programs. She successfully used many tools including guest speakers, mock interviews and social media to educate students on career development, engage internal and external stakeholders, and effectively promote and brand the PDLC.
Natasha Walli
Heather Hines
IMI TEAM COLLABORATION AWARD RECIPIENTS SHASHI KANT, ROSE MARY CRAIG and CLAIRE WESTGATE
The Master of Science in Sustainability Management (MScSM) Program Director Shashi Kant’s approach to engaging the class is unlike any other professional master’s program. With the help of Program Coordinator Rose Mary Craig and Placement & Employer Relations Officer Claire Westgate, the program has exceeded expectations, meeting enrollment targets and attracting international students. Rosemary Craig
Shashi Kant
Claire Westgate
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COMMERCE Undergraduate Programs
The Commerce Program is a four-year program designed to prepare business students within an environment of collegiality and professionalism. The Commerce Programs combine economics and the various sub-disciplines of management enabling students to develop analytical skills and gain knowledge of relevant institutions. The background is useful for solving problems and making decisions in business and government environments. Courses are taught by internationally recongnized scholars and educators with outstanding academic and professional qualifications. Commerce graduates frequently become professional accountants, economists, finanacial analysts, marketing analysts, managers of firms and government, or proprietors of small business. Some commerce students choose to do postgraduate studies in law and/or MBA programs.
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MANAGEMENT Undergraduate Programs
The Management Programs prepare students to become integral members of organizations. Drawing on a balanced offering of rigorous intellectual frameworks from the social sciences, they cover the nature and working of organizations, and managerial functions. The programs provide students with a good understanding of the major aspects of management and help them to acquire an integrated set of management skills. Students can specialize in Management, Human Resources/Industrial Relations or complete a Management Major. The Management Major is a two-track program which combines the study of organizations and their management with the study of a second major discipline of your choice. It is offered exclusively at the University of Toronto Mississauga. Completion of the Management Programs will lead to BBA, HBA or HBSc.
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START ME ParticipAid’s public-facing mobile app helps clinical research scientists recruit participants from the public for their research investigations.
SoCity is a free website application that helps users find places to go and activities to do based on a city, user mood or real time weather to help create the perfect day.
Learn. Play. Connect. GolfPlz is a platform connecting the best golf coaches with golfers everywhere to help grow the Canadian community of golfers.
ALTO cordless earbuds uses technology that provides heightened sensitivity for a smaller size, and removes a lot of the moving parts, allowing users to hear all the details in the music. To date, ALTO has raised $100K on Kickstarter.
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ICUBE is an early-stage business accelerator founded by the Institute for Management & Innovation at the University of Toronto Mississauga. ICUBE offers students and community youth business development and commercialization services. This includes entrepreneurship training, business advisory services, collaborative space, expert speaker sessions, and facilitated mentor relationships.
Sam Dumcum ICUBE Program Director
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OUR ALUMNI
THE EDUCATION of KILLULARK (LAURA) ARNGNA’NAAQ Former MMPA student breaks new ground
Working in downtown Toronto, Killulark (Laura) Arngna’naaq is thousands of miles from her home community of Baker Lake, Nunavut. But the young Inuk doesn’t see a daunting mass of buildings. Rather she sees opportunities for social development as the Accounting Manager for Habitat for Humanity GTA. Arngna’naaq is one of the few Inuk Chartered Accountants in Canada. She graduated from Trent University with a Bachelor of Business Administration in 2011 and was the first Indigenous student to be accepted into the prestigious Master of Management and Professional Accounting (MMPA) program at the University of Toronto. She completed her Master’s degree in 2013 and achieved all her professional qualifications in 2015. “I was the first Aboriginal to graduate from the MMPA program, which is cool,” said Arngna’naaq. Although she found it to be a very challenging program, Arngna’naaq believes it changed her perspective because of just how rigorous it was. “The academic skills developed through the MMPA programming completely changed who I was as a person; I find myself thinking back to class and drawing from that in my current job.”
While she is based in Toronto and has lived in southern Ontario since 2000, Arngna’naaq has worked diligently to stay connected to her Inuit roots: she taught herself to carve soapstone, and worked on her Inuktitut language skills through self-study and by auditing an Inuktitut course at the University of Toronto. Arngna’naaq is even building a kayak in her few spare hours and is now learning the traditional Inuit game of throat singing. She also volunteers for organizations serving Indigenous people and has taken on the challenge of bringing awareness of Inuit heritage and history to her financial sector colleagues.
The academic skills developed through the MMPA programming completely changed who I was as a person; I find myself thinking back to class and drawing from that in my current job.
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Killulark (Laura) Arngna’naaq, MMPA, Class of 2013
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IMI in the Headlines SPEAKER SERIES This year the Institute for Management & Innovation (IMI) launched its first Speaker Series featuring various IMI cross-appointed faculty. The first session was presented by Professor Sonia Kang from the Department of Management, entitled “Diversity and Discrimination in the Job Market,” where she spoke about her research on organizational diversity practices and “résumé whitening.” The series is free and happens three times a year, giving attendees an opportunity to learn about faculty research while providing a forum for them to join in the dialogue. All events, hosted by IMI, will be held in one of the lecture halls in the Innovation Complex, and are open to all UTM faculty, staff, students, alumni and the broader Mississauga community.
Assistant Professor, Sonia Kang Organizational Behaviour & HR Management
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NEW TO IMI Laurel Besco
Assistant Professor, Geography
Professor Besco completed her PhD in Law at the University of Ottawa. Her teaching philosophy is that diversity and integration of ideas, materials, and methods in the classroom is the best way for students to learn and feel engaged. Her research is interdisciplinary and uses law and policy to generate and evaluate creative solutions to pressing environment and sustainability issues. In 2016 Professor Besco was awarded a SSHRC IDG for her research project entitled “Engendering the Production of Corporate Environmental Norms: Implications for Achieving Energy Efficiency Targets.�
Laura Derksen
Assistant Professor, Health Economics
Professor Derksen has a PhD in economics from the London School of Economics. Her research investigates barriers to health care use in the developing world. In her strategy courses, she encourages students to find real world examples of firm strategy based on economic theory, and engage in intelligent, open and respectful class discussion. Professor Derksen is proud to be part of an academic community that values diversity, innovation and the open exchange of ideas.
Ruben Gaetani
Assistant Professor, Strategic Management
Professor Gaetani joined IMI after receiving a PhD in Economics from Northwestern University. He will teach a class in Management of Technology in the Winter session at UTM. His research explores the connection between innovation and macroeconomic trends, and the implications of technology and science for aggregate economic outcomes. In his opinion, U of T and UTM are privileged spots to observe how technology can improve our lives. Indeed, passion for change is what he likes to convey to his students, by challenging them to think beyond what they already know.
R. Christopher Small Assistant Professor, Accounting
Professor Small is an Assistant Professor of Accounting at the University of Toronto. His research interests focus on the relation between accounting information and economic fundamentals as well as the economic and behavioral factors that influence the disclosure of accounting information by managers and the use of accounting information by market participants. Professor Small serves as co-editor of the Harvard Law School Forum on Corporate Governance and Financial Regulation and as an ad hoc reviewer for Contemporary Accounting Research. He holds CPA and CGMA designations in the United States. Prior to obtaining his PhD from the University of Iowa, he worked as a tax manager at Deloitte.
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Li Koon Chun FINANCE LEARNING CENTRE The Li Koon Chun Finance Learning Centre (LKCFLC) is the knowledge partner of the Institute for Management & Innovation. It actively supports the learning, teaching and research needs of both the IMI community and the broader University. As a hub for students, faculty and staff interested in finance, investing and business, the LKCFLC provides specialized information resources, services, and expertise that bridges theory and practice. It also collaborates with IMI and other UTM units to promote innovation and entrepreneurship on campus. The LKCFLC is a joint venture of IMI and the University of Toronto Mississauga Library. It partners with student societies, academic and student support services, other Library units and faculty to deliver programming and in-class/in-LKCFLC instruction. The LKCFLC is located on the lower level of the Innovation Complex in Room L1245.
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BIO International Convention The City of Mississauga goes to San Francisco
2016 BIO Conference In June, the 2016 BIO International Convention was held in San Fransisco and drew over 15,000 industry leaders from 69 countries and 47 states. By partnering with the City of Mississauga and the Province of Ontario, the Institute for Management & Innovation worked closely with the City and Mayor Bonnie Crombie to ensure we represented Mississauga and the outstanding talent pool that IMI is creating through our sector-specific management programs. We highlighted the Master of Management of Innovation (MMI), Master of Biotechnology (MBiotech) and Master of Science in Sustainability Management (MScSM) programs to a great deal of interest. About BIO
The Biotechnology Innovation Organization is the world’s largest trade association representing biotechnology companies, academic institutions, state biotechnology centres and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. The BIO International Convention is the world’s largest gathering of the biotechnology industry. It is held annually in different biotech hubs across North America. The conference draws together biotech and pharmaceutical businesses of all sizes, financial institutions, venture capitalists, academic institutions and relevant government partners.
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IMI - SUPPORTED EVENTS Unlock Your Big Idea
The Unlock Your Big Idea Pitch Competition was created to give start-ups the opportunity to compete with entrepreneurs across the western GTA, experience pitching their ideas and win cash prizes as well as mentorship through the Ontario Network of Entrepreneurs. The judging panel was composed of Dan Sinai from IBM Canada, Heather Arthur from Rogers Communications, Karen Grant from Angel One Investor Network, Matt Schnarr from Awake Chocolates, Michael List from Ormston List Frawley LLP, Sean Stanleigh from The Globe and Mail and Stephen Beney from Bereskin & Parr.
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Ready, Set, Market This annual competition is open to students across all universities. Last year’s Ready, Set, Market Case Competition was a great success, as we had a highly involved external sponsor who specifically designed a case to challenge all the student competitors. This year, we look forward to the creativity, determination and talent of the undergraduate students.
Show Me the Green The Show Me the Green Conference is an annual Ontario University environmental sustainability case competition held at the University of Toronto Mississauga. Our mission is to inspire future business leaders to strive towards creating new ventures that are not simply economically profitable, but also environmentally responsible.
Young Entrepreneurs Conference Launched on January 14, 2012, the Young Entrepreneurs Conference (YEC) is a competition for innovative minds. Living with the influence of information technology in the world today, innovation becomes critical to success in every industry. From startups to well-established companies, technological innovation creates meaningful value to existing and new products and services.
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The truth is, it might have seemed like an overnight success, but this was years in the making. - CRAIG KIELBURGER Me To We Founder & U of T Alumnus
Countdown to Success Free The Children co-founder Craig Kielburger came to the University of Toronto Mississauga campus last November, where he talked about the evolution of Me ToWe. The U of T alumnus addressed more than 300 students, alumni, and professionals. He spoke at the Institute for Management & Innovation’s Countdown to Success - an annual event where students are given an opportunity to learn, engage, and network with fellow students and community members. Narrating the story of how his social enterprise, Me to We, grew to what it is today, Kielburger spoke about the importance of his mentorship from Oprah Winfrey, Nelson Mandela, and the Dalai Lama, especially when the organization’s prospects were grim. “The truth is, it might have seemed like an overnight success, but this was years in the making.”
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Fifth Annual Countdown to Success Thursday November 24, 2016 Featuring Manjit Minhas, co-founder and coowner of the Minhas Breweries and Distillery and Dragon on CBC’s Dragon’s Den Petroleum Engineering student turned beer baroness, Manjit Minhas, was born and raised in Calgary, Alberta. To date, her companies have sold 6 billion pints of beer! As a keynote speaker, Manjit frequently shares the secrets of her success with aspiring MBA, engineering and other students as well as entrepreneurs and seasoned business people.
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THE INNOVATION COMPLEX University of Toronto Mississauga
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For enquiries please contact:
Donna Heslin
Director, Graduate Programs and External Relations Institute for Management & Innovation d.heslin@utoronto.ca 905.828.3861
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IMIUofT.CA
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