Page 1

TOGETHER WE BUILT 100 DEAN’S CIRCLE MEMBERS

2016-2017 ANNUAL REPORT


Cent

REMARKS

1917

enni

al

2017

“Thank you to our 100 members who have donated or pledged over $1.6 million!”

1


2016-2017 ANNUAL REPORT

Welcome to the 2016-17 Dean’s Circle Annual Report! Friends, this year’s report is our Centennial. No, we have not been in existence for 100 years. Rather, this year marked a monumental milestone in our Dean’s Circle membership growth. Yes, folks… we reached 100 Dean’s Circle members! Your gifts demonstrate a lasting legacy of giving back, enriching the experiences of others, and paying it forward. Your generosity is a veritable game-changer. Without your valuable contributions, I firmly believe that the Edwards School of Business would be hindered in its ability to reward student success and enhance educational experiences. Truly, your gifts enable our students to accomplish more than could be otherwise achieved. Thus far, Dean’s Circle members have donated or pledged $1.6 million. Your genuine generosity funds 75 student awards and prizes each year. Moreover, you provide important support for student experiences like the JDC West business case competitions. Because of your monetary contributions, a host of Edwards students traveled to Stuttgart, Germany this past year. Your kindness has permitted Edwards to develop a High School Business Competition Prize to help recruit the next generation of undergraduate talent. You offered vital sponsorship for the creation of a Saskatchewan Business Teachers Association Case Competition. Friends, I could continue… but you get the idea. Dean’s Circle funds support the school’s mission to develop business professionals to build nations. Let me assure you that we earmark every contribution for the primary purpose of enhancing student experience. Thank you to Shelley Brown and Scott McCreath, two Dean’s Circle members who volunteer expertise and guidance on the Dean’s Circle fund approval committee. Thank you to Daphne Taras, former Dean of the Edwards School of Business, for pioneering the path that helped to create the Dean’s Circle fund. And thank you, each and every one of you, for doing the good that you do. Thank you for answering the call and enabling student success. Debbie Macomber, a 20th century American author, wrote: “You can't live a perfect day without doing something for someone who will never be able to repay you.” This is what Dean’s Circle is all about. I am honoured to be considered your friend and fellow Dean’s Circle member! I trust that you will enjoy reading our third annual report.

Keith A. Willoughby, Ph.D. Dean and Dean’s Circle member

Help us reach 150 members- nominate someone today!

TOGETHER WE BUILT

2


EDWARDS DEAN’S CIRCLE

EXPENDITURE COMMITTEE

REMARKS & FINANCIALS 2015

Dean’s Circle Members

2016

(April 30, 2015)

(April 30, 2016)

(April 30, 2017)

36

78

90

$666,955

$906,608

Total support received $471,325 for the Dean’s Circle Fund

“It has been another year of growth for the Dean’s Circle which has allowed us to continue to broaden the enhancement of the student experience at the Edwards School. We are taking steps to ensure the continuation of this funding by growing the membership and establishing a reserve that will allow us the flexibility to meet special requests or ensure funding should contributions decline in any particular year. With membership in the Dean’s Circle now at 100, we are confident that enhancement of the student experience will continue to reach new levels.”

“I am one of two Dean’s Circle members responsible for keeping an eye on the use of funds entrusted by you. Also, as a proud alumnus I am happy to report that we have had another record year. There isn’t enough time to tell you how sharing your hard earned treasure has enhanced the Edwards’ student experience. You would be very proud of what your generosity has done to allow students to engage in activities that they could not normally afford. They are grateful! Shelley Brown and I continue our vigilant audit of the use of funds towards the greatest good. Don’t stop contributing as you are making a big difference in student loyalty to the college and in influencing young minds.”

Shelley Brown PARTNER, DELOIT TE & TOUCHE LLP

Scott McCreath SENIOR INVESTMENT ADVISOR, BMO NESBITT BURNS

3

2017


2016-2017 ANNUAL REPORT

APPROVED SPENDING FOR

2017/18

*May 1 2017 - April 30, 2018

$302,641 Dean’s Circle Funds allocated for 2017-18

$114,248 RISK RESERVE FUND Established in 2016/17, the Dean’s Circle risk reserve fund will allow flexibility to meet special requests, and ensure funding for annual awards can continue in the event contributions decline in any particular year. Our goal is to reach a balance of $300,000.

$78,000 STUDENT AWARDS, PRIZES, AND SCHOLARSHIPS A wide range of student awards and scholarships to recruit and retain students. New! An Edwards MBA Management Consulting Prize was added this year.

$45,000 STUDENT PROFESSIONAL DEVELOPMENT & EXPERIENTIAL LEARNING Initiatives such as financial aid for students attending international workshops, competitions, & inter-university relationship-building seminars.

$35,393 CENTENNIAL We will be celebrating Edwards School of Business Centennial at events across Canada throughout 2017/18, culminating with an All Years Reunion Sept 2018. This expense is a carryforward from the 2016/17 commitments, and will offset registration costs for students.

$15,000 COMPETITION SUPPORT Among others, this includes mentors for Comm 119, and JDC West Faculty support.

$15,000 THE EDWARDS NETWORK An online tool used to facilitate networking, mentorship, recruiting and more amongst students, alumni, and the school. The Network now has 1,390 active users, with all 4th year students encouraged to join. If you haven’t already, join today! edwardsalumni.com

TOGETHER WE THRIVE

4


EDWARDS DEAN’S CIRCLE

BUDGETED & ACTUAL SPENDING FOR

2016-17

*May 1 2016 - April 30, 2017

In 2016-17, $293,748 in Dean’s Circle Funds were disbursed across the following areas: Budgeted Rapid Response Fund

Actual

126,262 74,000 71,751 35,393 15,000 -

2,592 50,500 59,793 14,078 129,784 37,001

Total $ 322,406

$ 293,748

Student Awards, Scholarships & Bursaries Supporting the Student Experience Edwards Centennial Edwards Network Deans Circle Risk Reserve Fund Surplus available for 2017/18

Explanation of variance (Balance rests at $40,000) (Variance awarded in the 2017/18 fiscal year) (Some 2016/17 funding applications paid in 2017/18) (Deferred to 2017/18 ) (Price paid in $USD) (Established to meet future commitments- see below) (Centennial carried forward to 2017/18)

* The reporting structure for the fund was updated this past year. The changes resulted in a difference of $28,658 of total funds available in 2016-17 (these were corrected to be carry forward commitments). If you have any questions please don't hesitate to contact Rae Oleksyn at oleksyn@edwards.usask.ca.

ABOUT THE DEAN’S CIRCLE RISK RESERVE FUND This fund was set up in 2016/17 to allow flexibility to meet special requests, and ensure funding of annual awards can continue in the event contributions decline in any particular year. Our goal is to reach a balance of $300,000.

5

ABOUT THE RAPID RESPONSE FUND Used to kick start and leverage support for initiatives that are time sensitive, impact the student experience and fall outside of the regular operating budget. In 2015/16, this fund was used for architectural and design plans which leveraged a $1.1M renovation project to the Moeller Resource Room. The goal and total balance of this fund is $40,000.


2016-2017 ANNUAL REPORT

MAKING AN

IMPACT

SUPPORTING THE STUDENT EXPERIENCE Financial aid for students attending international workshops, competitions, inter-university relationship-building seminars, the JDC West Competition & more. Students can apply to this fund and if the criteria is met, they are reimbursed for their expenses.

“The funding from the Dean’s Circle gave me the opportunity to interact and debate with fellow students from around the world. The funding allowed me to gain further insight into pressing global issues and to collaborate with other students on potential ways to solve these issues. I truly believe this experience at the Model United Nations Conference will help me to build better nations.” Austin Andrusiak Received funding to attend the McGill Model United Nations Assembly

“This funding allowed me to experience something I wouldn’t otherwise have. I learned from and got to know some of today’s business leaders while expanding my network. The theme “spark your story” has taught me that failure is always the first step to greatness. Thanks again.” Joshua Stranden Received funding to attend the Rocky Mountain Business Seminar

The Funding from the Dean’s Circle is beneficial to our group as it allows for us to put on events like PechaKucha powered by Confidence and bring together the community of young aspiring business professionals.” Jillian Hemstock Received funding for the Young Women in Business (YWiB) Confidence Workshop

TOGETHER WE WILL

6


EDWARDS DEAN’S CIRCLE

THANK YOU FOR SHARING YOUR TIME, TREASURE, AND TALENT A Dean’s Circle member graciously sponsored two tables for Edwards students to attend the 2017 NSBA Lessons I’ve Learned event and a table for students to attend the FCPA Gala.

Dean’s Circle Members volunteered their time to judge the 2016 COMM 119 Case Competition

“Study hard but don’t underestimate the power of a “Everyone follows good night’s a leader who sleep the night before a final” cleans the toilets first” Chris Hengen-Braun B.Comm. 2010 Dean’s Circle Member

Gord Haddock B.Comm. 1972 Dean’s Circle Member

Words of encouragement shared with students studying for finals during the 2017 “Take a Break” program.

7


2016-2017 ANNUAL REPORT

STUDENT AWARDS, SCHOLARSHIPS & BURSARIES

There were 69 awards totaling $50,500 distibuted through the Dean’s Circle Enhance & Innovate Fund in 2016/17 to recruit, retain, and reward high performing students.

"Last year I made the decision to give up work during the academic year to focus on my studies and extracurricular involvement; this award gave me confidence in that decision and to excel in my role as President of the Edwards Business Students’ Society. Thank you to the Dean's Circle for making these awards possible for students!" Courtney Roy Recipient of a Dean’s Circle Enhance & Innovate Award

2016 Edwards Awards Ceremony

2016 COMM 119 Case Competition winners

TOGETHER WE BUILT

8


EDWARDS DEAN’S CIRCLE

ABOUT

EDWARDS Our history starts with 17 students who registered in the School of Accounting to pursue a Chartered Accountant designation in 1917. Since then, over 25,000 alumni have left our classrooms armed with knowledge and practical experience to make a tremendous impact on our communities. Today, the Edwards School of Business offers a robust Bachelor of Commerce program with six majors, study abroad options and a cooperative education program. At the graduate level, we offer a variety of Master’s programs in Accounting, Business Administration, Finance, and Marketing. We also work closely with the business community through our Executive Education team by providing training and professional development opportunities. Students from around the world choose to study with us because we offer hands-on experiential learning in every area of study. Whether it is case competitions, student consulting projects in a strategic marketing class or practicum investment opportunities using the Dembroski Student Managed Portfolio, Edwards’ students learn by doing.

Centennial

COMM 352 (Marketing Strategy) students working in the Allsopp Learning Lab, which opened Sept 7, 2017

1 91 7

2 017

Celebrating 100 Years of Students The Edwards School of Business Centennial will celebrate the successes of our grads, local and global, of the companies and boards they serve, and the shared values that make our alumni network integral to business communities. As part of the festivities, we're holding events in Saskatoon, Regina, Swift Current, Edmonton, Calgary, Winnipeg, Toronto, Vancouver, and Victoria throughout 2017 and 2018. Our Centennial Celebrations will culminate with an All Years Reunion, September 20-22 2018. Join us in celebrating all that we’ve built together!

EDWARDS100.CA 9


2016-2017 ANNUAL REPORT

LOOKING BACK ON 100 YEARS

1917 First students attended the School of Accounting at the University of Saskatchewan.

1943 The College of Accounting became the College of Commerce, offering specializations including finance, marketing, human resources, management and operations management.

1998

1923 Walter Whittaker was the first graduate of the program with a B.Sc. in Accounting.

1951 Commerce students saved

College records in the Hangar building during the flood of '51.

A new addition to the building, “The PotashCorp Centre�, opened to accommodate enrolment growth.

1932 Isabel Wright was the first female graduate of the program.

1968 The first 50 years came with several moves before a permanent space, the Commerce/Law Complex opened.

2007

The U of S very proudly acknowledged Dr. Edwards' continued relationship with the business school by transforming the College of Commerce to the N. Murray Edwards School of Business

1936 The School of Accounting, initially part of the College of Arts and Science, became the College of Accounting.

1988 The first group of

International students attended the College of Commerce through a partnership with the government of Malaysia.

2017 Edwards celebrates 100 years of business education

TOGETHER WE THRIVE

10 9


EDWARDS DEAN’S CIRCLE

GET INVOLVED WITH EDWARDS

CENTENNIAL YEAR

We need YOU, the champions of our school, to help build momentum and raise awareness around our Centennial celebrations! Please consider the following ways you can lend your support: Register early for the All Years Reunion, and consider becoming a Class Rep. Contact your past classmates and encourage them to attend as well! (Email Shawna at jardine@edwards.usask.ca for details)

We know that you’re working hard to improve our communities, and we want your help collecting 100 examples for our Centennial year! Consider the ways you serve your community and share your stories with us. By participating, your act of service will be featured on our Centennial website to inspire others and you’ll be entered to win a $500 donation to a charitable organization of your choice. Submissions can be filled out online at edwards100.ca.

CENTENNIAL CLOTHING

JOIN THE EDWARDS NETWORK!

The official Edwards Centennial branded clothing is now available for purchase online.

Stay connected and network online with thousands of Edwards alumni, faculty and graduating students.

Browse our online catalogue for a look at our new varsity jacket,cardigan, hoodie, ball caps and shirts.

Order yours today at edwards100.ca

10 11

Find top recruits for your company, keep in touch with your classmates, mentor new grads, and learn of upcoming alumni events.

Join now at www.edwardsalumni.com


2016-2017 ANNUAL REPORT

Join us for the Centennial EDWARDS CENTENNIAL ALL-YEARS REUNION

>>> SCHEDULE SNEAK PEEK SEPT 20-22, 2018 Genuinely reconnect and proudly celebrate all we’ve built together over the past Century

THURSDAY, SEPT 20, 2018 10AM Golf Tournament: Riverside Country Club 6PM Registration & Networking: Holiday Inn (Campus location)

FRIDAY, SEPT 21, 2018 9AM Registration: Holiday Inn (Campus location) DEAN’S SPEAKER SYMPOSIUM

U OF S CAMPUS

Learn

Thought-provoking sessions by renowned faculty, alumni and industry leaders including CBC Dragons’ Den star Michele Romanow, 2017 Oslo Business for Peace Award Winner, Murad Al-Katib (B.COMM ‘94), and Indigenous Entrepreneur, Activist & Speaker, Gabrielle Scrimshaw (B.COMM ‘10).

Celebrate

Celebrate the impact and influence we have achieved together over the past century. From Gala, to Pinning Ceremony to cheering on our Huskies, there is truly something for everyone.

Reconnect

Although many things have changed, the energy and pulse of the University have stayed the same. Reconnect with old friends and forge new connections with class specific parties, Campus tours, and more.

REGISTER EARLY! DETAILS:

10AM OPENING KEYNOTE: Murad Al-Katib, Founder, AGT Food & Ingredients 11AM SPEAKER: Gabrielle Scrimshaw, Indigenous Educator & Advocate 11:30AM LUNCH & LEARN: Reconciliation and the Business World 1:30PM SPEAKER: Wayne Dunn, President, CSR Training Institute 2:30PM SPEAKER: Ainsley Robertson, Founder, The Princess Shop 3:30PM CLOSING KEYNOTE: Michele Romanow, CBC Dragons' Den 5PM Class Parties or Huskie Event

SATURDAY, SEPT 22, 2018 9AM Registration: Holiday Inn (Campus location) 9:30AM College & Campus Tours 12PM BBQ in the Bowl 1:30PM Pinning Ceremony: U of S Campus - Convocation Hall 5PM Centennial Gala: TCU Place Centennial Hall

Shawna Jardine, Alumni Relations Officer (306) 966-7539 | jardine@edwards.usask.ca edwards100.ca

TOGETHER WE WILL

12


EDWARDS DEAN’S CIRCLE

UPCOMING

EVENTS

Nov 6, 2017: Pitch Party Nov 22, 2017: Centennial Outreach Tour: Calgary Nov 23, 2017: Edwards Annual Awards Ceremony RSVP to oleksyn@edwards.usask.ca

Dec 1, 2017: COMM 119 Case Competition (Dean’s Circle Judging Panel) Get involved by emailing oleksyn@edwards.usask.ca

Dec 2, 2017: Commerce Cheer Zone- Huskie Women’s Hockey Jan 2018: Edwards Student Networking Event Get involved by emailing careers@edwards.usask.ca

Jan 12, 2018: Commerce Cheer Zone- Huskies Volleyball vs. MacEwan Jan 19, 2018: Commerce Cheer Zone- Huskies Basketball vs. Trinity Western Jan 24, 2018: Edwards Centennial Outreach Tour: Toronto Feb 2, 2018: Edwards Centennial Outreach Tour: Edmonton Mar 20, 2018: Edwards Centennial Outreach Tour: Winnipeg

13


2016-2017 ANNUAL REPORT

Spring 2018 (TBA): Edwards Centennial Outreach Tour: Swift Current Edwards Centennial Outreach Tour: Regina Edwards Centennial Outreach Tour: Victoria Aug 2018 (TBA): Annual Waskesiu Dean’s Circle Event Sept 20-22, 2018: Edwards Centennial All Years Reunion Find out more and get your tickets at www.edwards100.ca

More events in celebration of the Edwards School of Business Centennial will be planned throughout the year. Check edwards100.ca for the latest information.

COMM 119

CASE COMPETITION

COMM 119 is a mandatory first year course that prepares students for a case presentation competition at the end of their first term. The course integrates basic computer skills and case research. Mentorship plays a key role, primarily from experienced fourth year students who help prepare teams of students throughout the term. The top five groups from each of the three class sections are voted on by classmates and mentors to present to a panel of Dean’s Circle judges on December 1, 2017. The winning team of each section is awarded $1,000.

Volunteer Judges are needed for each section: Section 01: 9:00am – 10:20am Section 03: 10:30am – 11:50am Section 05: 12:00pm – 1:20pm

Please Contact Rae Oleksyn at (306) 966-7471 or oleksyn@edwards.usask.ca for details.

TOGETHER WE BUILT

14


THE DEAN’S CIRCLE 100 FOUNDING MEMBERS SASKATOON: 51 MEMBERS CALGARY: 25 MEMBERS TORONTO: 4 MEMBERS REGINA: 4 MEMBERS VANCOUVER: 3 MEMBERS EDMONTON: 3 MEMBERS KELOWNA: 1 MEMBER SWIFT CURRENT: 1 MEMBER PRINCE ALBERT: 1 MEMBER SAN FRANCISCO: 1 MEMBER NEW YORK: 1 MEMBER PARKSVILLE: 1 MEMBER VICTORIA: 1 MEMBER WINNIPEG: 1 MEMBER LETHBRIDGE: 1 MEMBER LONDON: 1 MEMBER

Lee Ahenakew Zeba Ahmad Daphne Arnason Merlis Belsher Manse Binkley Shelley Brown Wayne Brownlee Drew Byers Tim Conlin Rob Connoly Joy Crawford Glenn Dagenais Dwayne Dahl Matt Ditlove Clay Dowling David Dube N. Murray Edwards Don Engle James Estey Neil Evans Ron Fior Steve Flynn Sandy Foster Don Fox Craig Francis Barry Frank Jerry Grandey Tim Gitzel John Gordon Jane Graham Ron Graham Michael Greenberg Gord Haddock Maureen Haddock

Bob Hamm Kristen Hamm Stewart Hanlon Zane Hansen Betty-Ann Heggie Chris Hengen-Braun Brent Hesje M. Gordon Hunter Grant Isaac, former dean Grant Kook, member #100 Art Korpach Michael Lamborn Aaron Loraas Wally Mah Louis Marcil Russel Marcoux George Marlatte Tom McClocklin Bryan McCrea Grit McCreath Scott McCreath Margaret McKenzie Matt McMillan Neil McMillan Randy Meidl Larry Moeller Larry Mumford Barry Munro Jack Neumann Rae Oleksyn Lynne Pearson, dean emerita Annette Pilipiak Tom Pinder Allen Ponak

Gordon Rawlinson Jerry Richardson Don Robb Tracy Robinson Mike Rushby Irene Seiferling Sherwood Sharfe Myles Shedden Greg Smith James Sproule Gord Stewart Karen Stewart John Storey Lee Swanson Daphne Taras, former dean and founder Colin Taylor Shelley Thiel Gord Thompson Ryan Townend Greg Trotter Wayne Ulrich June Verhelst Joe Vidal Daymond Volk Cathy Warner Basil Waslen Cliff Wiegers Colton Wiegers Keith Willoughby, dean W. Brett Wilson Lorne Wright Greg Yuel

CONTACT US: Rae Oleksyn, Development | (306) 966-7471 | oleksyn@edwards.usask.ca

Edwards Deans Circle Report 2017