Rotman School Weighs In on Canadian AI
Before Google, Amazon and Silicon Valley took advantage of the artificial intelligence boom, Canada actually laid the groundwork. In fact, it was a handful of Canadian researchers—backed by the Canadian government and universities—that helped to produce a growing number of artificial intelligence startups. Unfortunately, many of Canadian AI scientists have been lured away from Canada by fat paychecks from Google, Facebook, Apple and other companies. Continue reading…
Top International/Global Business MBAs in Toronto
Today’s economy is more globalized than ever, so to prepare the next wave of business leaders to take on the new challenges this economy can create, more top business schools are offering international or global MBA programs. Students enrolled in international or global MBA programs master global issues through specialized courses and study abroad experiences. Students pursuing these degrees also are likely to search for and find jobs in international business or at multinational corporations. Continue reading…
Looking For Toronto Consulting And Strategic Management MBAs
Whether you have already chosen your future career path or are still making up your mind, a career in consulting and strategic management is an excellent choice for someone earning their MBA. With roles available at a variety of organizations, strategic managers or management consultants have a number of opportunities, and an advanced degree can make MBA holders extremely competitive candidates for these jobs. Moreover, employment for strategic management positions is projected to grow 14 percent by 2024—a rate much faster than average—and proof that this field isn’t going anywhere soon.
If you are considering a future career in consulting and/or strategic management, many MBA programs are available with specializations that allow you to focus your business education in a particular sphere. In the Toronto metro area, there are a number of schools which provide the opportunity for special electives or MBA majors that focus on a strategic management and consulting education.
The Top Toronto Consulting and Strategic Management MBAs:
DeGroote School of Business – McMaster University
One of the most celebrated Toronto Consulting and Strategic Management MBAs in Canada, the DeGroote School of Business at McMaster University offers a Strategic Business Valuation specialization as part of its program. While the first year of a DeGroote MBA provides a broad range of business topics, the second year gives students the opportunity to choose electives which concentrate in a specific area. Strategic Business Valuation is one such elective, among others like Strategic Marketing.
A specialization in Strategic Business Valuation at DeGroote helps students learn how to make an impact on the market through the calculation of an organization’s worth- all while keeping corporate strategy in mind. Possible roles for students with a specialization in Strategic Business Valuation include Consultant/Senior Consultant, Business Valuation Analyst and Mergers and Acquisitions Analyst.
Ivey Business School – Western University Canada
When a student earns their MBA at Western University Canada’s Ivey Business School, they have the opportunity to add to the business fundamentals of the core curriculum through career focused electives. The school offers six main areas of focus, which include finance, entrepreneurship, marketing, corporate strategy & leadership and international management. However, students may also select from a number of elective courses and create a personalized approach to their business education.
While elements of the Corporate Strategy & Leadership focus would be appropriate for a student pursuing a strategic management career, there are also a number of individual electives which students could take to design their own specialization in consulting. Among these electives are courses such as:
- Management Consulting
- Strategy Implementation
- Financial Strategies for Global Success
- Managing High-Growth Companies
- Competition and Competitive Analysis
Rotman School of Management – University of Toronto
Students the University of Toronto’s Rotman School of Management may choose a major for their MBA to enhance the foundational business knowledge of their degree. A major in consulting is among the options available to students, helping students to “analyze cross-functional business problems and … justify your recommendations, using a diverse set of quantitative and qualitative tools.”
The consulting major at Rotman prepares students for careers in consulting regardless of the setting, from small to large consulting firms and whether in the for-profit or non-profit sector. To complete the major, students must take at least one course from the core category, which includes the options of Management Consulting, Healthcare Consulting, Management Consulting Practicum or Strategic Change and Implementation. They must also select at least one elective course, which includes options such as:
- Catastrophic Failure in Organizations
- Financial Statement Analysis
- Operations Management Strategy
- Business Analysis and Valuation
- Aligning People and Strategy
Schulich School of Business – York University
York University’s Schulich School of Business offers students a specialization in Strategic Management. The course emphasizes the synthesis of techniques from several other areas of business, including accounting, managerial economics, marketing, operations management and organization behavior to better understanding strategy making.
Students in the Strategic Management specialization at York must take six credits of recommended courses and six of recommended or additional courses. Such class options include:
- The Art of the Deal
- Managing Strategic Alliances and Joint Ventures
- Strategy Execution
- Strategic Thinking and Action in Turbulent Environments
- Economic Forecasting and Analysis
Canadian Business Schools Struggle in Latest Financial Times MBA Rankings
The newest batch of rankings from the Financial Times has been revealed, and the results aren’t very encouraging if you’re a Canadian business school. In fact, only three schools out of Canada’s 22 Association to Advance Collegiate Schools of Business (AACSB) accredited schools made the 2017 ranking of the world’s best full-time MBA programs. Continue reading…
The Top Toronto Marketing MBA Programs
According to the Greater Toronto Marketing Alliance, the Greater Toronto Area (GTA) is one of North America’s fastest-growing economic regions. The metropolitan area covers more than 7,000 square kilometers and consists of 25 municipalities and four regions with a total population of over 6 million. Toronto features a workforce of about 2.9 million people, more than 100,000 companies, and a gross domestic product of U.S $109 billion. All of this adds up to Toronto being Canada’s undisputed business and manufacturing capital. Continue reading…
INSEAD, Stanford Top Financial Times World MBA ‘17 Ranking
For the second year in a row, France and Singapore business school INSEAD topped the annual Financial Times‘ list of the world’s best full-time MBA programs. INSEAD was followed by the Stanford Graduate School of Business and The Wharton School at the University of Pennsylvania.
The methodology behind the construction of the Financial Times world full-time MBA list is simple:
The ranking is based on surveys of the business schools and their graduates of 2013. MBAs are assessed according to the career progression of alumni, the school’s idea generation and the diversity of students and faculty.
Meaning, that the list isn’t simply ordered by the annual average salary of those graduates surveyed, nor just isolating their individual approval of their time with the schools. For instance, despite being second on the list overall, Stanford GSB grads earned the highest average annual salary ($195,000). The reason INSEAD came ahead, despite a near $30,000 annual difference, was much higher rankings in the categories of value (11th overall) and international mobility.
For the first time in nine years Harvard Business School fell out of the top three while the London Business School fell to sixth, its lowest spot in 14 years. This also marks for the first time in the history of the ranking that LBS was not the first UK school on the list, supplanted by the University of Cambridge: Judge. As well, not listed in the top ten for the first time in 10 years—perhaps surprisingly—is the MIT Sloan School of Management.
Judge in particular may be the most outstanding winner of the ranking keeping in mind that just five years ago the school ranked 26th overall. Judge’s accolades stem from the tremendous value (1st overall). Tuition at the school is the cheapest among all selected in the top 15 and the opportunity cost was considered the 2nd best in the world.
Fifty-one U.S. schools managed a spot on the ranking (up from 47 in ‘16), including the Rutgers Business School, which was the highest new entrant at 70. The Mendoza College of Business at the University of Notre Dame saw the biggest increase from the previous year, moving up 16 spots to 60th overall (the school jumped 13 spots the previous year as well).
However, Canadian schools fell back slightly with only three making the top 100. The Rotman School of Management at the University of Toronto was the highest-ranking of the three at 65th.
Read the entire list and analysis here.
