Rotman commerce report 2013 14 lores

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EX C ELLENC E

FROM OUR DIRECTOR

Kenneth S. Corts

Ninety years ago, in June 1924, the first Bachelor of Commerce degrees were awarded at the University of Toronto.

I am exceptionally proud to present this year’s annual report, which in many ways recognizes the rich history that laid the foundation for our success today. From its inception in 1920, the commerce program was designed to provide students with a broad education that incorporated studies in business and economics into a rich liberal arts undergraduate experience. In the words of C.A. Ashley, one of the program’s early directors, the goal was “not to prepare [students] so that they will rapidly command good positions and high salaries in an expanding business world; it is to train [students] in the use of the faculties, to give them a sound knowledge of economic theory in the widest sense, and to turn out graduates who can expect to apply themselves with success to the task of learning a business quickly, of becoming good citizens, and of living a full life.”

Over the last ninety years, Rotman Commerce has more than accomplished its mission. Our 13,000-plus graduates have shaped the world around them in innumerable ways; our alumni have gone on to build lives that reflect the breadth of interest and talent that has always characterized our student body. We find among them prominent bankers, politicians, accountants, ambassadors, physicians, actors, musicians, lawyers, entrepreneurs, professors, journalists, teachers, soldiers, priests, and philanthropists, among many others.

Our current program upholds the vision set by its founders – to give Rotman Commerce students an education that will equip them to succeed both in the important work of business and in life more generally. In 2013-14, we refined our admissions process to further ensure that the students we admit are ready to make the most of the wide array of opportunities we offer. At the same time, we strengthened these offerings through enhancement of our programming in areas spanning international study, community building, professional skills development, financial modeling, career training, mentorship, communication skills development, entrepreneurship, and student leadership. We continue to provide what is arguably the most academically rigorous curriculum of any Canadian undergraduate business program, one that is rooted in the fundamentals of commerce and economics but that also attends to the emergence of new trends in business and student interest.

As I look back over our history, I am confident that the Rotman Commerce of today is one that our forebears would be proud of. Embracing more diversity than could have been foreseeable in the 1920s, we have built a strong, ambitious, and principled community of students, alumni, faculty, and staff. I hope you enjoy reading about what we have accomplished together over the past year.

With very best wishes,

Professor Kenneth S. Corts Director, Rotman Commerce Associate Dean, Undergraduate Education, Rotman School of Management

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RECRUITMENT & ADMISSIONS

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s one of Canada’s top undergraduate business programs, we are fortunate to be able to select our students from an applicant pool that includes some of the world’s best. While excellent academic achievement is always an important aspect in our admissions, in recent years we have begun to put more weight on selecting applicants who have a high potential to thrive in all aspects of our program. Traditionally, our admissions team relied almost solely on grades to

determine admission; four years ago, however, we introduced a supplemental essay that was used, in addition to a student’s transcript, to help determine suitability for our program. This year, applicants to our 2014-15 session were asked to submit a video “essay” in response to one of three pre-determined questions. These submissions were then carefully assessed by our admissions staff and a select group of recent graduates. The process was designed to help us get a better sense of each applicant’s interests, abilities, and aspirations. We are hopeful that adding this new level of engagement with our applicants will allow us to better select students who will take advantage of the many leadership and professional development opportunities that are key parts of our program.

In addition to the new video tool, we also revamped our recruiting materials to showcase the developments we have made at Rotman Commerce over the past three years, including our robust student leadership programs, intensive industry training opportunities, new scholarships, and increased faculty involvement. The viewbook’s new theme, The Business of Possible, was chosen to reflect Rotman Commerce’s excellence in offering literally hundreds of leadership, social, career, and academic possibilities. We look forward to reporting on the results of these efforts in next year’s annual report.

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B Y N U M B E R S

6,533

T H E

NUMBER OF APPLICANTS TO THE PROGRAM

PERCENTAGE OF WOMEN IN FIRST-YEAR CLASS

57%

B Y N U M B E R S

705

T H E

SIZE OF INCOMING FIRST-YEAR CLASS

B Y N U M B E R S

91.6%

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MEAN ADMISSION AVERAGE OF ONTARIO STUDENTS

PERCENTAGE OF INTERNATIONAL STUDENTS IN FIRST-YEAR CLASS

32%

NUMBER OF NATIONALITIES REPRESENTED IN FIRST-YEAR CLASS

34

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OUR CURRICULUM

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otman Commerce is well known for our rigorous academic curriculum – one that is guided by our goal of educating students to become both innovative leaders and engaged participants in their communities. Our program consists of advanced study in both management and the liberal arts and sciences, reflecting our long-held commitment to ensuring that Rotman Commerce students gain expertise in the fundamentals of business and management as well as the contexts

in which this knowledge is deployed. In truth, the context of business is ever-shifting; to ensure that our curriculum keeps pace, every year we offer a certain number of “special topics” courses that deal with aspects of business education that have not yet become part of our core offerings. This year, for example, we introduced RSM410: Private Equity and Finance, taught by Rotman Finance and Business Economics Professor, Alexander Dyck. Professor Dyck’s course joins Professor Becky Reuber’s RSM 493: Entrepreneurship as part of a growing set of courses on innovation and entrepreneurship in our curriculum.

Teamwork and communication skills continue to be an important part of our curriculum as we work to ensure that Rotman Commerce students have the personal and professional skills to complement the academic expertise they develop in our program. Many of our core courses have incorporated these skills into the course requirements, ensuring that all students gain an understanding of their importance to a well-rounded business education.

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B Y N U M B E R S

259

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TOTAL NUMBER OF COURSE SECTIONS OFFERED

NUMBER OF UNIQUE COURSES OFFERED SUMMER 2013 – WINTER 2014

88

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INTERNATIONAL STUDY

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e are fortunate to have an incredibly internationally diverse student body. Nearly 33% of our students come from countries other than Canada; in 2013-14, 57 different nations were represented in our total student population – a testament to our program’s strong international reputation.

Recognizing that business today extends far beyond regional and national borders, we are also keen to help students gain international experience while studying with us. For the past two years, we have delivered an optional international study module in one of our fourth-year classes, RSM491: Globalization and Capital Markets, in which students travel to Turkey over the February reading break to meet with Turkish firms that represent first-hand, real-world examples of the types of cases studied in the course itself.

Many of our students also take advantage of our international exchange and study abroad programs. Rotman Commerce students participated in semester or year-long exchanges at our accredited partner universities in several countries, including Australia, China, France, Korea, Singapore, and the United Kingdom. Other students wishing to gain international experience participated in UofT’s Summer Abroad programs, where they were able to complete courses for credit overseas.

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N U M B E R S

NUMBER OF ROTMAN COMMERCE STUDENTS PARTICIPATING IN SUMMER ABROAD 2013

160

NUMBER OF VISITING EXCHANGE STUDENTS AT ROTMAN COMMERCE

44

NUMBER OF ROTMAN COMMERCE STUDENTS WHO PARTICIPATED IN AN INTERNATIONAL EXCHANGE

54

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OUR FACULTY

Scott Hawkins Associate Professor of Marketing Rotman School of Management

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n the classroom, Rotman Commerce students learn from skilled teachers and brilliant researchers drawn from the Rotman School of Management and UofT’s Department of Economics. Over two-thirds of the RSM courses offered in Fall/Winter 2013-14 were taught by full-time faculty, ensuring that our students have access to many of the same professors who teach in Rotman’s acclaimed MBA program.

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“Teaching Rotman Commerce students makes it easy to stay inspired and keep course material fresh. Every year, and without prompting, students send me great examples of data and articles to include on topics ranging from work hours and longevity to Olympic performance and a nation’s wealth. Course evaluations often praise my enthusiasm, but it is easy to be enthusiastic when working with great students.”

Jennifer Murdock Senior Lecturer, Department of Economics Recipient, 2014 Faculty of Arts & Science Outstanding Teaching Award

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Jan Klakurka teaches RSM 495: Management Consulting, in which students participate in an actual consulting project for external organizations.

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art of our mission in preparing students for their success in the future is to help them gain hands-on experience in applying the knowledge they learn in class to real-world situations. Several of our classes in 2013-14 partnered with local corporations and organizations to underscore the links between the course material and its application. In Jan Klakurka’s RSM495: Management Consulting, for example, students learned through a mix of lecture and case study that culminated

in an actual consulting project. The project engaged nine external organizations, including Purolator and BMO, which provided real business problems for student consultants to work on. Students analyzed and presented their solutions to senior leadership teams from each of the partner organizations. The students performed extremely well, garnering rave reviews, and impressing the corporate representatives with their knowledge, enthusiasm, energy, and professionalism.

In keeping with the commerce program’s long tradition of community engagement, we also encourage students to contribute to and learn from their local communities through a number of outreach initiatives. Our First-Year Learning Communities (FLCs) incorporate a service-learning module, in which student groups partner with a local homeless aid program to provide needed volunteer assistance while learning about issues related to homelessness in the Toronto region. They also participate in a case competition that requires delving into the funding, organizational, and client issues that the aid program faces in delivering their services.

Rotman Commerce students also get involved in a number of experiential learning opportunities facilitated by our student life program staff. This spring, Rotman Commerce students volunteered with the CRA Tax Volunteer Program to help eligible taxpayers in Toronto’s Jane-Finch and Agincourt communities prepare their returns. Our Initiative Consulting Program offers an opportunity for students to gain consulting experience with a real client. Mentored by professional consultants drawn from our alumni community, students work in groups to provide consulting services to non-profit community partners that might not otherwise be able to afford professional accounting..

Additionally, we run a Financial Literacy Volunteer Program in which student volunteers co-facilitate workshops on financial literacy to low-income individuals. Programs such as these allow our students to apply their business skills to help agencies and individuals in the broader community that can benefit from them.

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EXPERIENTIAL LEARNING & COMMUNITY ENGAGEMENT T H E N U M B E R S

275

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NUMBER OF STUDENTS PARTICIPATING IN ROTMAN COMMERCE FIRST-YEAR LEARNING COMMUNITIES

B Y N U M B E R S

13

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NUMBER OF STUDENTS INVOLVED IN OUR INITIATIVE CONSULTING PROGRAM

NUMBER OF VOLUNTEER HOURS DONATED THROUGH OUR CRA TAX VOLUNTEERS PROGRAM

261

NUMBER OF WORKSHOPS DELIVERED TO COMMUNITY PARTNERS THROUGH OUR FINANCIAL LITERACY PROGRAM

22

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SCHOLARSHIPS & DONORS

Peter Copses and Judy Mueller, both Class of 1980, endowed the Peter P. Copses and Judith V. Mueller 1980 Commerce Scholarship.

“We achieved financial success primarily through hard work and a strong educational foundation.

The Bachelor of Commerce degrees we earned served us extremely well, and we thought the best way to show our appreciation to the University of Toronto was to endow a scholarship to help future generations of students who are just like we were almost forty years ago: young Canadians looking to acquire the skills to be successful in the business world.”

— Peter Copses and Judy Mueller

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David Scrymgeour, BCom ‘79, with Siobhan Scott, winner of the 2013 Scrymgeour Scholarship in Entrepreneurial Management.

he many scholarships endowed by our generous donors help ensure that qualified students, regardless of their financial situation, are able to gain access to a top-notch business education. Last year, 195

incoming Rotman Commerce students received an entrance award from the University to offset the cost of their education.

In addition, twenty-eight commerce-specific scholarships were awarded to in-program students in recognition of outstanding academic and community contributions to the program.

In 2013-14, we received two new generous four-year scholarship endowments from Commerce alumni. The program was honoured with a $275,000 gift from two married Los Angeles-based Bachelor of Commerce graduates who met on their first day of classes at the University of Toronto. Their gift establishes the Peter P. Copses and Judith V. Mueller 1980 Commerce Scholarship, a $10,000 award to be disbursed annually to a Rotman Commerce student exhibiting strong leadership and academic potential, and who values the opportunities presented by the free enterprise system. Strong adherents to libertarian economic thought who attribute their own successes to that world view, Mr. Copses and Ms. Mueller created the scholarship to reward promising students who are also committed to the idea that societies are better off

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NUMBER OF INCOMING FIRST-YEAR ROTMAN COMMERCE STUDENTS WHO RECEIVED ENTRANCE AWARDS

195

NUMBER OF COMMERCE-DESIGNATED ENTRANCE SCHOLARSHIPS AVAILABLE

4

NUMBER OF IN-PROGRAM SCHOLARSHIPS AVAILABLE SPECIFICALLY FOR ROTMAN COMMERCE STUDENTS

28

when every individual is free to exploit their potential and maximize their own wealth. The scholarship will be awarded for the first time in Fall 2015.

The Scrymgeour Scholarship in Entrepreneurial Management, endowed by David Scrymgeour (BCom’79) with gifts totalling $600,000 was disbursed for the first time this year to incoming student Siobhan Scott. Awarded to Ontario students intending to study management and who are committed to contributing to the economic vitality of their local community, the award—renewable for four years—is given to one entering student each year who is selected on the basis of an application and interview.

Mr. Scrymgeour was also behind a watershed $1.5 million donation to establish the Building Canadian Leaders Matching Scholarship Fund. The goal of the fund is to inspire other individual, corporate, and foundation donors to support outstanding domestic current or potential Rotman Commerce students who demonstrate strong leadership potential. Thanks to this groundbreaking contribution, new donors will be able to immediately double the impact of their support through a dollar-for-dollar match in capital that will be available to support new annual scholarships for Rotman Commerce students. Due to the generosity of Robert D. (BCom ’66) and Joan McKeracher, the first donation to take advantage of the match will be the Donald S. McKeracher Scholarship in Rotman Commerce, which with the match boasts an endowment of $300,000 to help our program attract the most dynamic, bright, and ambitious candidates.

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STUDENT LIFE

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hile academic instruction is our raison d’être, our program is also renowned for the depth and scope of the student life activities we offer. Our ten program-supported student groups hold dozens of events each year, including case competitions, conferences, networking events, symposia, and socials. Each group focuses on a particular career path (accounting, finance, consulting, marketing, and law) or other interest (community engagement, women in

business, public speaking, and LGBTQ visibility). Among this year’s main student group events were the: • Rotman Commerce Women in Business’ Leadership Symposium; • Rotman Commerce Beyond Business’ Corporate Social Responsibility Conference; • Rotman Commerce Consulting Association’s Alumni Panel; • Rotman Commerce Students’ Association Gala; • Rotman Commerce Law Association’s The Advocate Case Competition; • Rotman Commerce Marketing Association’s Marketing Summit; • Rotman Commerce Pride Alliance’s DiverCity Case Competition; • Rotman Commerce Finance Association’s Mergers and Acquisitions Competition.

The Rotman Commerce Accounting Society – our oldest student group – held their annual CGA Case Competition, and published two issues of their magazine, InSight, while Rotman Commerce Toastmasters held several public speaking workshops and competitions

throughout the year. We are grateful to the dozens of alumni who contributed their time and expertise to our student groups as guest speakers and panellists, including Mark Bonham (BCom ’82), Richard Clark (BCom ’82), Rick Goldsmith (BCom ’78), Jim Hong (BCom ’96), Brian Pukier (BCom ’89), Martha Tory (BCom ’76), and Michael Yhip (BCom ’99).

In addition, our student life staff organize a variety of programs and events that complement students’ classroom curriculum, build community, and encourage students to get involved in their local and UofT communities. This year, with the help of dedicated alumni mentors and faculty, we introduced a number of new student life initiatives, such as the Portfolio Management Group (PMG),

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which helps students interested in portfolio management develop skills relevant to their career interests. As in previous years, our conferences and competitions subsidy helped fund students to participate in professional learning opportunities held outside of UofT, while our Competitions Teams – coached by several dedicated faculty – represented Rotman Commerce at a number of national interuniversity events.

Our student life team also ensures that students have access to vital training opportunities to help them hone the technical skills in Excel, financial modeling, valuation analysis, and merger models that they require in both the classroom and the job market. These sessions build on other professional skills programming that we offer, such as our annual Y1 and Y2 conferences, which provide first- and second-year students with valuable hands-on skills development opportunities to help them succeed in the critical first two years of university.

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STUDENT LIFE

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B Y T H E N U M B E R S

80

NUMBER OF STUDENTS PARTICIPATING IN Y1 AND Y2 CONFERENCES

367

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NUMBER OF STUDENTS SERVING IN EXECUTIVE POSITIONS IN ROTMAN COMMERCE STUDENT ORGANIZATIONS

N U M B E R S

10

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NUMBER OF OFFICIAL ROTMAN COMMERCE STUDENT ORGANIZATIONS

NUMBER OF STUDENTS AWARDED A CONFERENCE OR COMPETITION SUBSIDY

99

B Y N U M B E R S

87

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NUMBER OF STUDENT EVENTS ORGANIZED BY ROTMAN COMMERCE STUDENT ORGANIZATIONS

NUMBER OF TECHNICAL TRAINING OPPORTUNITIES AVAILABLE TO STUDENTS

321

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OUR STUDENTS

Kwan Ho Fok

BCom ’14 Specialist in Accounting Past President, University of Toronto Environmental Resource Network Staff Accountant, Deloitte

“Rotman Commerce gave me the opportunity to be an active participant in leadership and extra-curricular activities, where I gained practical experience in team-based environments both within and outside of Rotman Commerce. I met individuals who shared my passions for the environment, diversity and inclusion, and community involvement, and who helped make my university journey memorable.”

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Marina Milenkovic

BCom ’14 Specialist in Management Founding Team Member and Past Hub President, Social Spark Project Manager, Coca-Cola Refreshments

“I gained a lot by studying at Rotman Commerce. My peers inspired and motivated me to better myself constantly.The education I received helped me become an analytical thinker and effective communicator and prepared me for the work I do today.

And through the Career Centre, I got the opportunity to spend two summers interning at Fortune 500 companies before eventually joining one of them full-time.”

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Vincent Ho

BCom ’15 Specialist in Accounting Past President Rotman Commerce Pride Alliance

“Going into my fourth year in Rotman Commerce, I can confidently say that the program and community have helped me achieve my highest potential across the board in technical, professional, and personal aspects. Being at Rotman Commerce at the University of Toronto, I benefit from a world-class university that attracts the best professors who have a richness of industry knowledge and experience.”

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Catherine Ruyun Qian

BCom ’15 Specialist in Finance and Economics Recipient, HSBCWomen in Business Leadership Award

“I truly believe that the people here at UofT are what set it apart from other universities.

The student population is incredibly diverse and I learn so much from interacting with my fellow classmates.The academic reputation of the university draws extremely intelligent students from around the world to attend and also allows the university to attract faculty who are renowned in their field.”

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CAREER SERVICES

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n addition to the University of Toronto’s central career centre, Rotman Commerce students benefit from our program’s businessfocused career services. The Rotman Commerce Career Centre has five full-time staff dedicated to helping our students find internships and full-time jobs in their fields. As part of our activities, we offer a number of career preparation services, such as resumé workshops, mock interviews, one-on-one career coaching, access to professional case interview preparation software,

employer site visits, networking events, and a number of industry-specific training programs, such as the Management Consulting Alumni Program (MCAP), Simplify the Street, Consumer Packaged Goods (CPG) and Marketing Club, and Accounting Bootcamp.

These programs complement the rigorous academic education we offer to prepare students for on-campus recruitment activities, job and internship interviews, and ultimately, their chosen careers.

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NUMBER OF ONEON-ONE CAREER COACHING APPOINTMENTS DELIVERED

821

B Y T H E N U M B E R S

NUMBER OF INDUSTRYSPECIFIC ROUNDTABLE DISCUSSION SESSIONS OFFERED

51

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NUMBER OF CORPORATE PARTNER INFORMATION SESSIONS FACILITATED BY THE ROTMAN COMMERCE CAREER CENTRE

69

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CORPORATE PARTNERS

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ur corporate associates are essential partners in our career services offerings. We currently have 250 corporations and institutions that collaborate with us in helping Rotman Commerce students succeed in their careers. Every year we work with a number of companies to deliver specialized training opportunities that benefit our students while also helping firms find qualified and job-ready candidates for their entry-level and management-stream positions. Among the

companies with whom we worked closely with this year were TELUS, who partnered with us to create the TELUS LGBTQ Mentorship Program, and P&G, with whom we hosted a sales pitch simulation session for our management students. We are extremely grateful to all of our corporate partners for the vital enthusiasm and support that they bring to our students.

A.T. Kearney Ltd. Acasta Capital Accenture Agree Property Management Ltd. AIM Group Canada Ltd. AimCo Alignvest Capital Management Altus Group Ltd. Amazon AMD Apple AquaMobile Inc. Aritzia Arlene Dickinson Enterprises Asian Institute, University of Toronto AssetGrow Capital International Aurigen Reinsurance Company AZURE Magazine B2B Trust Bain & Company Canada, Inc. Bank of America Merrill Lynch Bank of Canada Barry Blostein Executive Search Bay Street HR BDO Canada LLP Belairdirect Bell Canada Bench Accounting Best New Product Awards Inc. BlackRock Blair Franklin Capital Partners Inc Bloomberg L.P. BMO Capital Markets BMO Financial Group Boston Consulting Group Brookfield Renewable Energy Group Brookfield RPS

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Buytopia CAA Canaccord Genuity Corp.

Canadian Apartment Properties Real Estate Investment Trust Canadian Centre for Responsibility to Protect (CCR2P) Canadian Institute of Diversity and Inclusion Canadian Marketing Association Canadian Security Intelligence Service Canadian Tire Corporation Capgemini Canada Inc. Capital One Canada CapitalWest Partners Career Connections Caseware Celestica Centre for Social Innovation CentreCourt Developments Certified General Accountants of Ontario Chippingham Financial Group CIBC Citigroup Citrix SAAS Division Coca-Cola Enterprises, Inc. Coerente Capital Management Inc. Colliers International Corporate Consultants CPG Connect CPP Investment Board Crawford Connect Crescent Park Capital Partners Crowe Soberman LLP Cumberland Private Wealth Management DBRS Deloitte Direct Media Technologies

DraftFCB Dundee Realty Management Corporation DundeeWealth Easton’s Group of Hotels Edgecrest Capital Corporation Energizer Canada Entuitive Equitable Group Inc. Ernst & Young Evisors Export Development Canada Far & Wide FIRMA Flynn Canada Ltd. Foyston, Gordon & Payne Inc. Friedrich Schiller Schule Inc. Gata Labs General Electric Company General Mills Canada Geneva Career Solutions Global Golf Advisors Global Impact Capital Goldman Sachs & Co. Google Government of Israel, Economic Mission to Canada Grant Thornton LLP Great West Life Green Standards Hawkbridge Capital Inc. Hay Group Ltd. Haywood Securities Hendricks and Associates HK Connex Holt Renfrew HSBC Bank Canada Hudson’s Bay Company

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Hydro One Networks Inc. IBM Canada Ltd. Imperial Oil Imperial Tobacco Canada Investeam Canada Investor Economics J.P. Morgan Asset Management Jane/Finch Community and Family Centre Janet David + Associates Inc. Jardines Johnson & Johnson Kerr Financial Group Kestrel Capital Management Corp.

Keurig Canada Inc. KEV Group KPMG Consulting KPMG LLP Kraft Canada Inc. Labatt Leopard Capital Ltd. Level5 Liberty Mutual Insurance Group LiveCa Loblaw Companies Ltd. Locomotion Music Longview Asset Management Ltd. L’Oreal Canada Loyalty One Lush MacLaren McCann Macquarie North America Ltd. Managing Matters Inc. Manulife Financial Maple Leaf Foods Inc. Market Data Company Mars Canada MasterCard Canada Mawer Investment Management Ltd. McCain Foods Ltd. MCIS Language Services McKinsey & Company, Inc. Melissa Andre Events Mercer Consulting Metrolinx Meyers Norris Penny Milkin Holdings Ltd. Miracle Brand Company Mondelez International

Monitor Deloitte Canada Moody’s Investors Service Canada Morgan Stanley Canada Ltd. National Bank Financial National Bank of Canada Natural World Vitamins NBA China Nexgate Nielsen OMERS Ontario Energy Board Ontario Ministry of Health and Long-Term Care Ontario Ministry of Transportation Ontario Securities Commission Ontario Teachers’ Pension Plan Board Optimus SBR Orbis Mutual Funds Origin Merchant Partners Osler, Hoskin & Harcourt LLP Palmer & Company Executive Recruitment PenEquity Realty Corporation PepsiCo Canada Philips PricewaterhouseCoopers LLP Procter & Gamble Inc. PSP Investments PwC China PwC Consulting Raymond James Ltd. RBC Capital Markets RBC Financial Group RBS Global Banking & Markets Real Tech Realized Worth Realosophy Realty Inc. Rebecca Ling Chartered Accountant Redwood Strategic River Plate House Capital Management Corp.

Rodan Energy Solutions Inc. Rogers Communications Inc. Ross Smith Asset Management Inc. Rotman School of Management RSA Group SalesSpider Media Salman Partners Inc. Scotiabank Shoppers Drug Mart Siemens Canada Limited

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SNC-Lavalin Inc. Spectrum Capital Partners Starbucks State Street Canada Sun Life Financial SunGard Target Canada Tata Consulting Services TD Bank Financial Group TD Canada Trust TD Securities Teksystems TELUS TerraCycle Canada The Canadian Chamber of Commerce in Hong Kong The Mason Group The Next 36 The Truth Music Group The Varsity TJX Companies TMX Group Toronto 2015 Pan Am/Para Pan Am Games Toronto Financial Services Alliance Toronto Memory Program Towers Watson Tricor Pacific Capital Inc TrojanOne U.S. Commercial Service UBS Securities Canada Unilever Canada Univa Corporation University of Toronto Venture Accelerator Partners Inc. Verold Inc Vigilant Global Vision Capital Corporation Voco Canada Inc. VRG Capital Walmart Canada Inc. Wealhouse Capital Wells Fargo Financial Corporation Canada Wise Capital Management Wisely WSIB Ontario Yellow Point Equity Partners ZS Associates

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ALUMNI ENGAGEMENT

2014

m arked the ninetieth anniversary of the first Bachelor of Commerce degrees being awarded at the University of Toronto. The current Rotman Commerce program is the legacy of ninety years of expertise in business education, during which time more than 13,000 students have proudly earned their degrees.

We celebrated this milestone with a number of special ninetieth anniversary events for students and alumni, beginning in January with a student social and an Inside the Alumni Network event with Pamela Laycock (BCom ’87), Senior VP of Corporate Development and Strategy at Torstar. In February, Ken Valvur (BCom ’84), Founder and President of the Ontario Spring Water Sake Company, hosted a fascinating brewery tour and sake tasting event at the company’s distillery in Toronto’s historic distillery district. President and CEO of Manulife Financial Corporation, Donald Guloien (BCom ’80), spoke to a rapt room of Rotman Commerce students and alumni at our annual Leadership in Business talk in March, while in April, we hosted a special ninetieth anniversary Evening for Young Professionals at the Drake Hotel for graduates from the last ten years. Our celebrations culminated in May at an all-alumni celebration at the Royal Conservatory’s TELUS Centre for Performance and Learning that featured remarks from UofT Chancellor Michael Wilson (BCom ’59), followed by an exclusive performance by Juno award winning jazz vocalist Sophie Milman (BCom ’11). In addition, several of our graduates, including Jim Balsillie (BCom ’84), Danièle Bertrand (BCom ’82), Vinay Chopra (BCom ’01), Geoff Chutter (BCom ’76), Marilyn De Mara (BCom ’75), Alan Redway (BCom ’58), Mark Weisdorf (BCom ’79), David Wilson (BCom ’68), and Betty Yuen (BCom ’79), agreed to be profiled on our website as part of our 90th anniversary alumni recognition.

Our alumni also continue to contribute immeasurably to our program by volunteering with our students as mentors, guest speakers, event facilitators, and coaches. A number of our key initiatives, such as the Alumni Mentorship Program, Alumni Coffee Breaks, and Inside the Alumni Network, which allow our students to learn directly from our alumni, are only possible because so many of our graduates are willing to come back and donate their time and expertise to today’s students. Additionally, our alumni are vital to the success of our experiential learning and industry training programs such as our Management Consulting Alumni Program (MCAP), Portfolio Management Group (PMG), Initiative Consulting, Accounting Bootcamp, and Simplify the Street, and give generously of their time to participate in our student group events and as members of our Alumni Steering Committee.

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A N N U A L

NUMBER OF ALUMNI ON OUR ALUMNI STEERING COMMITTEE

BY THE NUMBERS

NUMBER OF ALUMNI MENTORS IN THE ROTMAN COMMERCE MENTORSHIP PROGRAM

BY THE NUMBERS

9

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NUMBER OF INSIDE THE ALUMNI NETWORK DISCUSSIONS

5

NUMBER OF ALUMNI WHO VOLUNTEERED IN PROGRAM ACTIVITIES

250+

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CONVOCATION 2014

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n June 13, 2014, the Rotman Commerce Class of 2014 accepted their Bachelor of Commerce degrees at Convocation Hall. Following an inspirational address by former President of Minto Urban Communities and GreenSoil Investment Chairman and Co-Founder, Alan Greenberg (BCom ’83), the next generation of Rotman Commerce alumni crossed the stage to receive their degrees. At the convocation reception that followed, a number of students were honoured with

Director’s Awards to recognize academic excellence, innovation, leadership, and spirit.

D I R E C T O R ’ S AWA R D S R E C I P I E N T S 2 0 1 3 - 1 4 Academic Excellence Hadi Ahmad Jae Hyun Cha Sophia Kim Jordan Kremblewski Ke Li Ce Shi

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Innovation Shunxin Cinthia Lin Megan Jiang Marina Milenkovic

Leadership Kwan Ho Fok Nicola Rothgiesser Christina Troina Hailey Vasyliw

Spirit Kristine Andal Lakshman Namburi Jennifer Pazio Shayaan Shahbaz

OUR DONORS

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otman Commerce attracts the best and brightest students from around the world due to our excellent academic reputation and our innovative programming. We could not continue to offer and improve upon the high calibre of education for which we are recognized were it not for the generosity of our donors, whose contributions support numerous student life, international study, and professional development opportunities annually. To those who give

so generously, THANK YOU for your ongoing commitment to the education of tomorrow’s business leaders. To those who wish to renew or begin their contributions, please visit us online at rotmancommerce.utoronto.ca/donate.

Remember that thanks to the Building Canadian Leaders Matching Scholarship Fund, endowed by alumnus David Scrymgeour, BCom ’79 (see page 13), scholarship endowment donations will be matched dollar for dollar to double their impact. There has never been a better time to support Rotman Commerce. Your contributions make a crucial difference.

$250,000+ Peter P. Copses (BCom ’80) and Judith V. Mueller (BCom ’80) T. David Scrymgeour (BCom ’79) $20,000 - $249,999 Fednav Limited HSBC Bank Canada The Lawrason Foundation Robert D. (BCom ’66) and Joan McKeracher $5,000 - $19,999 The Friends and Family of Bobby Hundal The Family of Ms. Catherine M. Logie Lorne Weil (BCom ’68) $1,000-$4,999 Cynthia Anne J. Bishop Kenneth Corts and Anna-Marie Castrodale Ernst & Young Matching Gifts Program for Higher Education Institutional Equity Traders Association Janet L. Lamb (BCom ’73) Stephens B. Lowden (BCom ’60) Alan (BCom ’58) and Louise Redway Deanne Saunders Dragan Stojanovic (BCom ’03) Kenneth A. Valvur (BCom ’84) Anonymous (1) $500-$999 David L. Adams (BCom ’79) Ron Bull (BCom ’69) David W. Finlay (BCom ’84) Brian (BCom ’81) and Colleen Johnston Brian and Colleen Johnston (BCom ’81) Marcin Kiersnowski (BCom ’09) George Kosmas (BCom ’93) Theodore H. Spevick (BCom ’70) Maureen Stapleton Michael A. Tambosso (BCom ’79) Filomena Zielinski Anonymous (1)

28

$250-$499 Mary Bukovcan (BCom ’92) David J. (BCom ’66) and Sandra A. Johnston Andrea Kwan Kecheng Li Elena Mascarenhas (BCom ’81) Nick Pantaleo (BCom ’80) George P. Petropoulos (BCom ’80) Norman W. Quon Stephen Stewart (BCom ’02) Luigi (BCom ’03) and Tonia (BCom ’01) Trentadue John W. L. Winder (BCom ’54) Janice E. Witkowski Anonymous (4) $100-$249 Diana Addeo (BCom ’96) Fahad Ahmed (BCom ’09) Lyne Arseneau (BCom ’88) Sheila M. Baird (BCom ’59) Mark S. Bonham (BCom ’82) John F. Bulloch Salvatore Cesario (BCom ’78) Grace S. M. Chow (BCom ’82) Alison Cuffari (BCom ’05) K. Allan Cuzen (BCom ’57) Robert A. Davis (BCom ’89) Neil Edward de Gray (BCom ’07) Harry A. Drew (BCom ’54) Jean M. Due (BCom ’46) Norman James Elliott (BCom ’62) Annette G. Filler (BCom ’87) John A. Foulds (BCom ’71) Darren Jason Francis (BCom ’02) Betsie (Ewing) Gerber (BCom ’47) E. Philip Giroday (BCom ’77) Joseph Jany (BCom ’60) Mulhim Khan (BCom ’09) Enn C. Kiudorf (BCom ’88) Brian La (BCom ’07) Nancy B. Lee (BCom ’91)

Gary S. Love (BCom ’84) Kevin Chung Pui Mak (BCom ’07) Andy Mark (BCom ’81) Nicholas Martin-Sperry Karen McLeister Terence A. McNally (BCom ’72) Robert Michaud P. Douglas Musselwhite (BCom ’62) Aleksander Oleszkowicz (BCom ’70) J. Clair Peacock (BCom ’59) Matthew Arnold Pereira (BCom ’11) W. John Rae (BCom ’62) Donald L. Richmond (BCom ’74) Duncan E. Rowland (BCom ’91) Stanley B. Stein (BCom ’66) Cheryl J. Swan (BCom ’80) Jeffery David Trapp Eric E. Trethewey (BCom ’49) Christine Wilhelm Ken Wormald (BCom ’48) Samuel Yen (BCom ’94) Dilshod Zakhidov (BCom ’10) Zhao’an Zhang (BCom ’03) Anonymous (8) * Donor listing reflects gifts received between May 1, 2013 and May 30, 2014.

OUR MISSION Rotman Commerce seeks to inspire and empower our students and alumni to become innovative leaders and engaged citizens who contribute to the success of organizations and the betterment of communities in Canada and around the world.

PHOTOGRAPHY CREDITS Inside front cover and pages 24 (far right and background), 25-27 Lisa Sakulensky

Page 12 (right) Courtesy of the University of Toronto

Pages 2, 4-7, 9-11, 14, 18-10 James Kachan

Page 15 (top) He (Jimi) Li

Pages 6-7 Shayaan Shahbaaz

Pages 15 (bottom), 16, 19 (far right), 24 (middle) Andrea Kwan

Page 9 Diana Tyszko

Pages 20-21 Meaghan Ogilvie

Page 12 (left) Courtesy of Peter Copses and Judith Mueller

Page 24 (far left) Courtesy of Manulife Financial

125 St. George Street Toronto, Ontario M5S 2E8 Tel: +1 416.978.3339 Fax: +1 416.978.5844 Email: rotmancommerce.info@utoronto.ca www.rotmancommerce.utoronto.ca

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