IMPACT REPORT 2016 -2018 LEADING CHANGE
Rotman Commerce is growing and expanding, leading change for our students as they prepare for meaningful careers in a dynamic and rapidly shifting business environment. The rise of new technologies and new ways
like John Shi (BCom ’17) and the Class of
of thinking about the future of work means
1964. Contributions like theirs – as well as
that every new start-up, every new innovative
the thousands of volunteer hours that our
business concept, or even every new hire has
alumni give to our students every year – make
the potential to make a significant impact on
it possible for us to offer the unparalleled
the way we live and do business. We don’t
education and inspiration that will allow
just want our graduates to be prepared for
the next generation of Rotman Commerce
that change – we want them to be at the
business talent to thrive.
forefront of it, bringing meaningful innovation
Leading change.
and leadership to organizations across
On behalf of all of us at Rotman Commerce,
Canada and the world.
I thank you for your involvement in our community. Together, we are leading change
Over the next five years, we will be investing
for Canada and the rest of the world. ›
new resources and energy into our program in areas that will empower our students to become change leaders themselves. With new initiatives designed to incubate innovation
and
entrepreneurship,
foster
a deeper proficiency in the professional skills that are vital to success, and develop a truly global mindset in our students, we are empowering our graduates to embody the change that they want to create. And as always, our vibrant alumni – innovators, leaders, and participants in this exciting landscape – play vital parts as role models, mentors, teachers, and supporters who inspire this next generation of talent.
DAVID GOLDREICH DIRECTOR ROTMAN COMMERCE
This report offers a snapshot of our program activities over the past two years, and highlights the impact of support from donors
ROTMAN COMMERCE IMPACT REPORT 2016-2018 3
Our Program at a Glance The following figures are drawn from the 2016-17 academic year.
2,685
34% INT'L
66%
DOMESTIC
STUDENTS ENROLLED IN ROTMAN COMMERCE
57%
FEMALE
43% MALE
2017 Director’s Award Recipients
2018 Director’s Award Recipients
Academic Excellence
Academic Excellence
Kang Fu
Zi Tynn Cheng
Mouhib Nourallah
Steven Huynh
Scott Li
Kyungmin Kim
Taralyn Miller
Arvind Kulathu
Zhengquan Mao
Haozheng Li Nicholas Anthony Vavaroutsos
Diversity & Inclusion Akhila Chintalapati
1,782 STUDENTS IN SPECIALIST PROGRAMS (YEARS 2-4)
ACCOUNTING: 35.7% FINANCE AND ECONOMICS: 44.3% MANAGEMENT: 20%
Yue (Amy) Yu
74
unique Rotman Commerce courses offered (Fall/Winter)
281
sections
140
universities at which University of Toronto students can study on exchange
live and work in 33 countries around the world.
Anne Ageh Brandon Primozic Filip Pejic Sergey Sapel’Nyk
Leadership
students studied abroad
297
Rotman Commerce students received entrance awards to the University of Toronto
Claudia Jiang
in-course scholarships offered specifically for Rotman Commerce students
Judy Chow
Amanda Wildi Jennifer Zhang Jenny Nguyen
Spirit Barhayita Bhatia
Network is over 14,000 graduates strong. Rotman Commerce alumni
Innovation
210
41 The Rotman Commerce Alumni
Vivian Zheng
$44,574.61
Danica Radovanovic Helen Jiayuan Shen
Richard Ruizhi Zhang
Community Nitika Agarwal Adit Daga Isabel Kwok Elaine (Shao Yi) Lin Keiron Narine Kim Brecci Solidum
Innovation Geethika Nair Haris Raheel Aaron Shafton Weiyi Yun
Leadership Daisy Chak Karee (Yulong) Chen Rachel Levitt Leila Martin Arshiya Sehgal
TOTAL VALUE OF IN-COURSE SCHOLARSHIPS
ROTMAN COMMERCE IMPACT REPORT 2016-2018 5
Sowing the Seeds of Change Leading change for us begins even before we
admissions team, the Boardroom challenges
accept students into our program. Bringing
high school students to work in teams on a
top talent into the Rotman Commerce
business case solution. This past spring, nine
community starts with our recruitment
teams were selected to present their cases
activities, where we reach out to aspiring
in the one-day intensive final pitch event.
young businesspeople from around the
Members of the winning team were each
world. Events like our Experience Rotman
offered a $2,500 award towards their first-
Commerce Day and the alumni-organized
year tuition at Rotman Commerce.
Boardroom High School Case Competition help us to introduce our program to
Key to fostering the next generation of
prospective students. Each of these events
Rotman Commerce business talent is the
allows us to show high school students what
capacity to support them financially. We have
business – and our program – has to offer,
been fortunate to be able to establish three
and connect them with current students,
major entrance awards under the Building
staff, and faculty.
Canadian Leaders matching scholarship fund, established through a landmark donation by
At our Experience Rotman Commerce Day,
David Scrymgeour, BCom ’79. Through this
students get a first-hand view of our program
matching program, donations of $25,000 or
through mini-lectures by Rotman professors,
more are matched dollar-for-dollar to endow
a student panel, and networking time. The
scholarships at Rotman Commerce. ›
Boardroom Case Competition, by contrast, focuses
on
fostering
business
school
thinking in prospective students. A joint initiative of the Rotman Commerce Alumni Steering Committee and our recruitment and
ROTMAN COMMERCE IMPACT REPORT 2016-2018 7
Changing the Classroom As the landscape of business changes, so must the classroom that leads to it. While we are constantly adding new courses that reflect the newest research and thinking in business theory and practice, over the past few years, we have also sought to shift the structure of our curriculum to better prepare our students to succeed in a dynamic, international, and increasingly challenging job market. This past year, we rebalanced our curriculum to introduce more business earlier in our students’ education. While the program retains our signature integration of business and the liberal arts, we are now bringing key in-depth introductory courses in finance, marketing, and accounting to students in their first year. In recognition of the shift towards innovation
“The Rotman Commerce Intro to Business Design course turned my world upside down. Business Design taught me how to become comfortable with ambiguity and nonlinearity, which has ultimately altered how I see the world around me. It taught me how to turn ‘failures’ into opportunities to create something amazing from what I’ve learned. But most importantly, it has led me away from a very black and white way of thinking, allowing me to see opportunity in more places than before.” MARINA DOMINGO CLASS OF 2018
and entrepreneurism, we have expanded our offerings in these areas with courses such as The CEO’s Toolkit, The Creative Destruction Lab, and Introduction to Business Design. We are also encouraging faculty and staff to deliver experiential
and
work-integrated
learning
opportunities that will allow students to put into practice the critical theoretical knowledge they gain in class. ›
ROTMAN COMMERCE IMPACT REPORT 2016-2018 9
A Community of Changemakers Over the years, we have witnessed the coming
For their part, our alumni continue to play
and going of trends of all kinds – in business,
vital roles at Rotman Commerce as mentors,
education, politics, social movements – but
coaches, guest speakers, donors, and stalwart
there has always been one thing that has
supporters of our program. Our alumni
remained constant: our incredible community.
mentorship program remains one of the largest at UofT, with more than 250 mentors signing
A cornerstone of our program, student life
up to offer their expertise and guidance.
has been the site of exciting expansion in our
Hundreds more of our graduates volunteered
community. From 2016 to 2018, we added our
their time to share their experiences, and help
support to six new student groups: the Rotman
our students gain vital skills and knowledge to
Commerce Business Design Association, the
succeed in their career aspirations. ›
Liquid Assets Dragonboat Team, the Rotman Commerce International Business Assocation, the Rotman Commerce Non-Profit Network, the Rotman Commerce Sales Association, and Rotman Commerce Students in Sports. In total, we now have sixteen student groups comprising both academic associations and interest groups. Over 300 students have been involved either in the leadership of the groups or event organization; through their involvement, they were able to gain valuable hands-on experience while contributing invaluable professional, academic, and social opportunities for their Rotman Commerce peers.
ROTMAN COMMERCE IMPACT REPORT 2016-2018 11
The Rotman Commerce Career Landscape The following figures are drawn from the 2016-17 academic year.
Changing Futures While careers are not necessarily the end-all and be-all of post-secondary education for everyone, there can be no doubt that landing that perfect job is a priority for many of our students. To that end, we’ve focused significant
88%
EMPLOYMENT RATE FOR JUNE 2016 GRADS
energy and resources to developing our career services to help our students become the future professionals they aspire to be. Since 2016, we have strengthened our career services team and restructured the portfolio to add a deeper focus on career education for students during their studies. In addition to
JUNE 2016 GRADUATES BY JOB FUNCTION
SALES & MARKETING 17% ACCOUNTING 29% CONSULTING 7% FINANCE 31% OPERATIONS 1% OTHER 15%
offering career development programming in our traditional areas of accounting, finance, and management, we are also building programs in
entrepreneurship
and
less
traditional
industries. At the same time, we are working to engage a broader variety of employers to ensure that we match our student talent with the best fit possible. Our placement rate for new graduates remains high, at nearly ninety percent.
268
employers posted jobs with our Career Centre
114
on-campus employer information sessions
“The Career Centre brings CEOs, VPs, and senior-level execs to come and speak to students from first year on at Rotman Commerce, which increases our exposure to the people that we aspire to be as future leaders.” BASSAM ABDELATIF CLASS OF 2018
In the past, our career services offerings were accessible only to students as of their second
1,624
one-on-one career coaching sessions offered
year of study. To better support students across the entire arc of their commerce education, we expanded services to include programming for first-year students, and extended our support to alumni for up to five years after graduation. ›
ROTMAN COMMERCE IMPACT REPORT 2016-2018 13
Leading Change by Supporting Students LEADERSHIP GIVING PROFILE JOHN SHI Leadership giving is one of the most important
associations, and I went to every event,” he
ways for donors and alumni to support our
recalls fondly. “A big part of the reason I’ve
students. Leadership gifts allow us to establish
achieved [this level of success] is because
new awards and scholarships, leveraging the
of what Rotman Commerce gave me. And
success and generosity of our community to
as young entrepreneurs, I think it’s really
reinvest in young Rotman Commerce talent.
important that we give back to society.” ›
John Shi (BCom ’17) is one such generous individual. A new graduate of the Rotman Commerce program, John found himself in a position to give back when he launched an education venture while still a student. Now a successful business owner and manager, John wanted to establish a new scholarship that would recognize leadership and volunteering in the name of his company, an education consultancy that helps international students
“…as young entrepreneurs, I think it’s really important that we give back to society.”
gain the additional skills they sometimes need to succeed in the wider business world. “Our company was doing quite well, and was funded entirely by U of T graduates, so we wanted to do something for our school,” he explains. “And we thought ‘why not start something new, something to benefit future students?’” For John, an interest in maximizing the educational experience led him to create the Uforse Scholarship in Volunteerism and Leadership at Rotman Commerce. “I joined all the clubs I could, I was part of student ROTMAN COMMERCE IMPACT REPORT 2016-2018 15
Leading Change by Supporting Students MAJOR GIVING PROFILE Investing in the long-term future of our
Peter Mitchelson (BCom ’64), says that for
students often requires a “big picture”
him, the motivation for giving stemmed from
view of the structural, developmental, and
his own experiences as a student.
strategic priorities that will best serve our students now and in the future. Many of
“I strongly believe the education I received at
our more established supporters opt to
U of T was a major building block helping me
contribute to these larger projects through
to achieve any success that I had,” says Mr.
a major gift to the program. Major donors
Mitchelson. “I am extremely grateful for that
are able to provide crucial support towards
education, for the friends I made there, and for
our strategic funding priorities, such as
the opportunity to experience first-hand one of
endowed scholarships, innovation and
the great cities of the world. The chance for all
entrepreneurship initiatives, and long-term
of us to ‘give back’ to help future generations
experiential learning projects. Through
receive the same opportunities is a blessing.” ›
their generous contributions, major donors advance our ability to be change leaders in business education and beyond. Major giving can come in many forms. Sometimes our major donations come from groups, such as the Class of 1964. Recipients of the 2016 Building Canadian Leaders Scholarships meet with the Scrymgeour family.
This extraordinary class of leaders donated
Back row (l-r): Justin Glaspell, Caitlin Da Silva, Steven Scrymgeour (BCom ’85), Sandra Beaumont, David Scrymgeour (BCom ’79), Yang Song, Siobhan Scott.
1964 Scholarship will support exceptional
together to create a new scholarship in honour of their class year. The Class of students under the umbrella of the Building Canadian Leaders Fund. Class member
“I strongly believe the education I received at U of T was a major building block helping me to achieve any success that I had.”
Front row (l-r): Emily Naing, Disha Mittal, Purnoor Tak. ROTMAN COMMERCE IMPACT REPORT 2016-2018 17
ROTMAN COMMERCE ANNUAL FUND At Rotman Commerce, we are grateful for all
PLANNED GIVING PROFILE TRUDY AND HAYDEN
contributions to our program, no matter the amount. Many of our supporters choose to
Another way that our community supports
greatest needs in perpetuity. “After 35 years,
show their support by giving to the Rotman
our students is through planned giving – an
you ask yourself ‘what would our society
Commerce Annual Fund, which supports a
important but sometimes overlooked way
be like without an institution like U of T?’”
wealth of initiatives that meet the immediate
to contribute. Bequests, such as gifts of life
asks Hayden. “I can’t even imagine it.”
strategic needs of our program.
funds, or other giving vehicles, empower you
Gifts like these allow our donors to create a
While we sometimes run a dedicated campaign
to have a significant impact on the future.
lasting legacy, and enable us to provide future
for the Annual Fund, such as the 1,000 Hats
support for exceptional students and invest
Campaign, contributions can be made in any
Trudy and Hayden, a couple who have decided
in the ongoing development of our programs.
amount and at any time, and all donations go
to leave a general bequest, are one example.
A link between our past, present, and future
directly to improving the student experience.
When it came time to think of their estate plans,
communities, planned gifts are vital to building
Programs that have benefited from the Rotman
they said it was an easy decision. “We have
a strong foundation for the ongoing success
Commerce Annual Fund in the past include
a complete debt of gratitude to U of T,” says
of Rotman Commerce and the University
our Conferences and Competitions Subsidy
Trudy. To pay it forward, they have included
of Toronto. ›
Fund, our annual New York City Finance Trip,
insurance, proceeds of registered retirement
a gift in their will to support the University’s
and experiential learning initiatives, such as our Tax Volunteers, Consult for Impact, and Financial Literacy programs.
“Receiving scholarship awards has impacted my journey because I have been reminded that I’m not alone and that there are people who support me. These awards have also motivated me to do better and persevere when times get tough.” CLARA YANG SCHOLARSHIP RECIPIENT CLASS OF 2021
Support of Rotman Commerce advances the program’s top strategic priorities including
“After 35 years, you ask yourself ‘what would our society be like without an institution like U of T?’” asks Hayden. “I can’t even imagine it.”
scholarships that provide deserving students with the resources, confidence, and support they need to succeed. ›
Rotman Commerce finance students in New York, November, 2017. Our annual New York City Finance Trip is supported by funds from our generous donors.
ROTMAN COMMERCE IMPACT REPORT 2016-2018 19
Ways to Give Everyone’s financial situation and philanthropic goals are different. Find your best fit here, whether it is a matching program, an annual gift, a bequest, a gift-in-kind, or another option. Each gift will support groundbreaking research and excellence in learning, and help the University to solve urgent global challenges and prepare the leaders of tomorrow.
The Last Word A MESSAGE FROM NELL REDLEY DIRECTOR OF ADVANCEMENT As the new Director of Advancement for
improve our capacity to offer innovative and
Rotman Commerce, I get the chance to speak
relevant programming, and award outstanding
ANNUAL AND TRANSFORMATIONAL GIFTS
and work with our alumni every day, and I am
and deserving students through scholarships
consistently impressed with their experiences
and bursaries. In this way, Rotman Commerce
Every day, Rotman Commerce alumni and
and the level to which they support their
alumni form an endless chain of talented,
supporters give their time and energy to help
communities. I have seen firsthand the
engaged individuals who can help to shape the future of business and society.
our students reach their boundless potential.
PLANNED GIFTS
generosity and responsibility that our alumni
Every year, generous donors like you go above
Gift planning allows you to make a strategic
embody in their roles throughout the business
and beyond with an annual donation to the
charitable donation that will have a much
world, and I am proud to represent and
If you haven’t already done so, I invite you
Rotman Commerce Annual Fund, which
greater impact than you might expect. Usually
advocate for this amazing community. The
to partner with us in leading change –
raises tens of thousands of dollars each year.
available to the University sometime in the
sense of interconnection and engagement that
whether as a volunteer, mentor, or donor to
These contributions demonstrate to the wider
future, a planned donation gives you the
I have seen among our graduates is one that
our program. ›
community that these donors have partnered
opportunity to establish your own personal
I see us developing in every single one of our
with us and believe in our work. Additionally,
legacy through a variety of vehicles suited to
students through the continued support and
transformational gifts have the ability to
your particular situation.
participation of our alumni and donor network.
These are many ways to make a strategic
At Rotman Commerce, our students gain the
donation tailored to your goals, needs and
strongest of academic foundations. But in
timeline.
addition to that, they also learn how to become
dramatically change and significantly impact the lives of our students. For more information contact us at: rotmancommerce.giving@utoronto.ca
leaders – individuals who will positively affect
or go online and give at
For more information contact us at:
not only the business world, but also the
rotmancommerce.utoronto.ca/give
rotmancommerce.giving@utoronto.ca
communities in which they live and work. Our
ROTMAN COMMERCE
Nell Redley, Director of Advancement 252 Bloor Street West, Suite 4499 Toronto ON M5S 1V6 (416) 946-3017 nell.redley@utoronto.ca
alumni play a critical role in this education,
NELL REDLEY
as each generation of graduates supports
DIRECTOR OF ADVANCEMENT
the next through mentorship, professional
ROTMAN COMMERCE
networking, and generous donations that
ROTMAN COMMERCE IMPACT REPORT 2016-2018 21
Thank you to our supporters. Your generous contributions have enabled us to accomplish so much. Please note that the following list acknowledges donations made between May 1, 2016 and April 30, 2018. $100,000+ T. David Scrymgeour Bob McKeracher
$50,000-$99,999 Shelagh and David Wilson Fund at the Toronto Foundation John W. L. Winder
$25,000-$49,999 Costco Wholesale Canada Ltd. J&L Rogers Family Charitable Foundation Chunping Huang Anonymous
$10,000-$24,999 Institutional Equity Traders Association HSBC Bank Canada Norman Fraser Uforse Education Group Inc. Torquest Partners C. W. Scott Eric and Marsha Slavens
$5000-$9,999 Lorne Weil
$2500-$4999 Gordon A. Clancy Ernst & Young Matching Gifts Program for Higher Education Janet L. Lamb Elena Mascarenhas Conrad M. Siegel
$1000-$2499 Mark Weisdorf and Lorraine Bell Ronald B. M. Blainey Ron Bull Legacy Private Trust Foundation Ronald G Hosking Samuel Yen Farhan Ali Khan Gregory Kanargelidis
David Klug Mark A. Caranci Michael A. Tambosso Lorrie and Krystyna Goldstein Raymond Kan Robert L. McLeish Alan and Louise Redway Kenneth A. Valvur
$250-$999 Ravindar Bhojwani Stephen Brown Christopher Calenti Thomas M. Canning TELUS Cares Dennis H. Cartwright Pat B. Chaukos Class of 5T7 Commerce Rosa M. Del Campo Tom Elek Daniel Ellul Cameron Fellman R. Gary Seagrave Peter Gerhardt Mehrzad Ghassemi Ivan L. Hurlbut David J. and Sandra A. Johnston Siong-Kee Keh Mulhim Khan George Kosmas Andrea Kwan Edgar N. Legzdins Kathryn McCain John Minister Eric M. Pascal Rudolph G. Penner Anne M. Sado Wally J. Smieliauskas Roman Smolak Maureen Stapleton Stephen Stewart Larry A. Torkin Tuan Minh Tran Jeff Trapp Janice E. Witkowski Sarideen Abu Zahra Dilshod Zakhidov Anonymous
$249 and under Diana De Acetis David L. Adams
Diana Addeo Angela M. Albini Salvatore Amodeo Anders H. Au Mark Bank David A. Bishop Douglas K. Blair Albert T-C. Boey Leonard Cappe Salvatore Cesario Jenifer Man Yee Cho Lisa Conroy Michael Cooke Murray O Dalgleish R. David Nowell Jiayi Deng Andrea M. Englert-Rygus Bruce English Diane Fantinato Annette G. Filler John A. Foulds Garth D. Frazer Gary W. Getson Robert S. Goldberg Jared Eliot Green Stan Grudzinski Chen Guo Silvana Ho Anthea J. Horne Helen Hristienko Fion Hung Tanguy Josz Bong Suk Kang C. W. Karen Tse Ryan Keller Bill Kilfoyle Brian B. Kipping Enn C. Kiudorf Stanley H. Konar Pamela V. Korn (McIntyre) Aakrit Kumar Karlos Kwok Brian S. Lass Stanley F. M. Lee Muzi Li Jadie W. Li Yi F. Liu Kevin M. Lo Peter B. MacKinnon Lesley V. Mak Kevin Mak Ellen Malcolmson Andy Mark Brian J. McAulay Terence A. McNally
Andrew McRae Tarun Mehta Shalini Menon Arshaq Meraj Heather A. Mort Louis Mostyn Ronny Ng Stephenny Ng Colleges Ontario John and Dorota Parafianowicz Pradhan Prabhakara Hugh Preston Paul Quigley Justin Rawlinson Brent Rector Nell Redley Brian Riddell James W Ringrose Florence L. Saunders Deanne Saunders Mark Scarrow Manfred Schneider Ian Scott Keshav Seechurn Amar Sharma Nancy Sherman Mengze Shi David C. Shnier Manfred P. Simon Nicholas Martin-Sperry Theodore H. Spevick Joseph Yiu-Tong Tam Ralph R. Tassone Ajith Thilakan Sheila Thompson Wendy J. Tilford Timothy Tiong Caterina Ardito-Toffolo William Edgar Toyne Victor Tsui Felix Y. Tsui Yu Wang Michael D. Wennberg Jason Woo Mary Yang Lawrence G. Young Elliot Yung Andrew Zalvin Minnie Zheng Jun Zhou Anonymous (5)
Lead Change To renew or begin your contribution to the next generation of successful Rotman Commerce graduates, please visit us online at rotmancommerce.utoronto.ca/give
rotmancommerce.utoronto.ca
Lead Change. Get Involved. Be Part of the Future. 252 Bloor Street West, Suite 4499 Toronto ON M5S 1V6 (416) 946-7168 rotmancommerce.utoronto.ca
The Rotman Commerce Alumni Network offers many opportunities for you to connect with alumni and students. Find out more about upcoming Rotman Commerce alumni exclusive events and available volunteer opportunities at rotmancommerce.utoronto.ca/alumni.
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