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Schulich partners with ACCA to advance global accounting career opportunities

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Schulich MBA and Master of Accounting students now have a second globally recognized accreditation pathway with the global Association of Chartered Certified Accountants.

The ACCA pathway will now enable graduate accounting students to tailor their education in order to directly enter Professional Level exams for the ACCA designation upon graduation. ACCA members and affiliates with an undergraduate degree may also receive advanced standing toward earlier completion of a Schulich MBA or Master of Accounting (MAcc) degree under the agreement.

Schulich also has official accreditation with the Canadian accountancy body, through which students may work toward certification upon graduation.

“The ACCA accreditation means that Schulich students who are enrolled in the School’s Master of Accounting program and MBA accounting specialization will have a more direct route to achieve a globally recognized professional accounting designation, which is recognized in 80 countries around the world,” said Marcia Annisette, Program Director of the Master of Accounting program.

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Hon doc John Manley says opportunity knocks for the digital generation

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Former Deputy Prime Minister, John Manley, painted a picture on how the world is evolving to the Schulich graduating class during Convocation.

Manley was this year’s recipient of the Honorary Doctor of Laws degree. “It is an honour to be among your number,” said Manley while addressing over 600 graduates. “You are graduating from a truly great school.”

Manley is a former Minister of Finance and Minister of Foreign Affairs and a member of the Order of Canada. Throughout his decorated career he recalls one lesson he learned. “You have to stand up to be seen; speak up to be heard; and sit down to be appreciated.”

Now as President of the Business Council of Canada, Manley still follows that lesson in the rapidly changing world. In his new position he sees firsthand the effect of disruptive technologies. When he began; Iphones were three years away, tweeting was what birds did and Über was a German word meaning over. “We live in a shrinking world,” Manley said. “Technological change on a massive scale creates risk and opportunity.”

Schulich Dean Dezsö J. Horváth echoed Manley’s thoughts. “The Class of 2016 is graduating during a time of economic challenge but also a time of great promise filled with opportunities in new and emerging industries,” said Horváth. “You (graduates) are the world’s first truly digital generation, so you will be better prepared than most to navigate the digital revolution.”

Manley closed by saying Schulich graduates are in a great position to succeed with sharp minds and strong educational credentials, as well as ‘soft-skills’ that employer’s value. But the journey does not stop here, as each outcome today is uncertain, so students must continue to “take responsibility.”

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Craig Seeley joins the Centre for Global Enterprise

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Craig Seeley is the new Coordinator for the Centre for Global Enterprise at the Schulich School of Business.

Craig comes to us from CPA Ontario where he gained valuable experience in the areas of communications and public affairs, while in the position of Corporate Communications Coordinator. Craig studied Political Science at Western University and has since completed a postgraduate Certificate in Public Relations at Humber College, as well as a Certificate in Project Management at the University of Toronto.

During his time at the CGE, Craig will play a key supportive role in executing our various programs, initiatives and events under the leadership of Professor Lorna Wright, Executive Director of the Centre, and Douglas Kennedy, RBC Managing Director of the Centre. In his career to date, Craig has taken particular interest in researching and writing on the many challenges facing Canada’s small- and medium-size enterprises (SMEs) and has committed himself to finding innovative ways to better position SMEs to take full advantage of global opportunities.

Craig is located on the second floor, RBC Capital Markets Wing, suite N205A at the Schulich School of Business at York University. He can be best reached via email at cge@schulich.yorku.ca or by phone at 416-736-2100 ext. 55075.

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NOESIS Lab: Measuring Consumer Response

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Schulich launches newly equipped NOESIS Innovation, Design and Consumption Lab

The NOESIS Innovation, Design, and Consumption Laboratory is a state of the art behaviour and product design testing facility. It features an impressive array of specially calibrated equipment to measure arousal levels and other physiological responses, such as changes in pupil size, that occur when people are introduced to new products and design innovations. The lab, which is dedicated to fostering innovative research into consumption, consumer behaviour and design, will also help companies find out if their products will pass the ‘smell test’ with consumers.

Housed at Schulich since 2014, the NOESIS Lab is affiliated with 22 researchers and students across many disciplines at Schulich; the Kellogg School of Business at Northwestern University; and other universities.

“The NOESIS Lab is currently in talks with several companies interested in testing new products at the secure facility,” said Theodore J. Noseworthy, Scientific Director of the NOESIS Lab, Canada Research Chair in Entrepreneurial Innovation and the Public Good, and an Associate Professor of Marketing at Schulich.

“Marketers and new product design specialists can use our research results to better plan their launch strategies,” says Noseworthy. “This research can help them coordinate a launch that supports a climate where consumers are responsive to innovation.”

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Reducing landfill waste one coffee pod at a time

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Are single serve coffee pods a new eco-villain? If you ask Schulich BBA alumnus Eugene Ace, that would be a definite yes.

That’s why after years with a large national company selling coffee products; he developed GoJava with his co-founder Evan Birmann. GoJava is a Toronto-based coffee supply company that sells coffee pods online, delivers them to your home or business and recycles your used cups. The recycling fare is covered in the cost so consumers of the single serve coffee can drink guilt-free.

“There was a lot of negative press around single serve coffee pods,” Ace said. “We knew there were some niche recycling solutions available. So we subsidized the process and absorbed the cost to provide a sustainable solution to our customers.”

According to Ace, the two main hurdles why people do not recycle are cost and convenience. In their business model they remove those excuses out of the equation.

“There are over 10 billion coffee pods produced each year and they all make their way to landfills. We want to create a solution to the problem across North America,” Ace said.

GoJava has been in business for just over a year and collected around two tons of coffee waste to be recycled. And that number continues to double every few months.

To learn more about the company or set up your coffee service visit their website GoJava.ca or watch them on season 11 of Dragons Den starting Oct. 2016.

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Schulich Welcomes Economist $25,000 Scholarship Winner

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Canadian Dan Gherasimenco outscored thousands of other international students last spring to win The Economist’s Brightest Minds MBA Scholarship Contest.  At 29, he’s already proven himself as a successful serial entrepreneur. Now he’ll add “Schulich MBA candidate” to his list of accomplishments.

Brightest Minds is an international competition in which entrants are challenged to write The Economist’s GMAT simulation test. The competition offers a $25,000 scholarship to attend a preeminent partner business school.

Dan, who won in May of this year, is a graduate of the BBA program at Trent University and will begin his full-time Schulich MBA program this fall. He credits his win to a combination of strategic, disciplined study and regular breaks for squash, ping pong, swimming and cooking.

Now in the midst of launching his second venture in the fashion industry, Dan hopes his Schulich MBA will provide him with “efficient interpersonal and communication skills” needed for continued growth.

“I was interested in Schulich for its vast choice of courses and specializations, experienced faculty and strategic positioning in Canada’s business capital,” says Dan.

“People overemphasize the importance of organizational skills, calculated risk and even luck,” he cautions. “In doing so, they forget that none of these would matter without hard work and commitment.”

Doubtless, Dan’s work ethic, creativity and resilience that arise from his entrepreneurial pursuits will be an asset to his colleagues in the rigorous MBA program.

Schulich extends its heartfelt congratulations and welcome as Dan joins our community this September.

 

 

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Two Schulich grads finish top seven on national honour roll

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Schulich graduates Christopher Chan (BBA ’15) and Nina Mak (iBBA ’15, MAcc ’16) have made the prestigious CFE National Honour Roll after successfully completing the accounting profession’s May 2016 Common Final Examination (CFE).

“Schulich is known for its accounting program,” said Nina, who works as an Internal Auditor for WalMart Canada. She completed an exchange in Singapore and an internship in Hong Kong during her time as a Schulich student. “Schulich was very accommodating with my unique schedule and offered a summer option that allowed me to better prepare for the CPA.”

Christopher completed his BBA with a specialization in Accounting. He was an active member of the Schulich Accounting Society and York Finance Committee while also contributing to the student experience as a Schulich Ambassador.

“It’s unbelievable to be awarded such a distinction, especially among so many talented future CPAs that I had the privilege of learning from,” says Chris. “I’m incredibly grateful for the full support of the Schulich faculty for the past five years and the RBC CPA Pre-Approved program. They’ve provided the resources and mentorship necessary to me to reach my potential – and beyond!”

Interested in learning more about the MAcc? Click here.

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Making a business case for student mental health

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Being a university student can be stressful, and unresolved stress can lead to anxiety in some students.

The Canadian Institute of Health Research (CIHR) recently funded a York University study that will support its students with web-based clinical treatment.  Amin Mawani, Associate Professor of Accounting at Schulich, is undertaking an economic analysis of this web-based clinical treatment to make a business case for investing in students’ mental health.

The intervention program is designed to capture students-at-risk at an early onset of stress, anxiety or depression, thereby making their symptoms easier and less costly to treat.  Students with better mental health are more likely to complete their degree programs successfully, join the labour force and become tax payers in a timely manner, while accessing fewer OHIP services.

“The costs of providing the treatment will not be very difficult to quantify. However, quantifying the economic benefits will require a lot more work,” Professor Mawani says.

If the clinical trial can show that Internet-based intervention works, and that the benefits exceed the costs, the intervention program may be rolled out to other university campuses.

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Women rock the mining world

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“Inspired by the likes of Pat Dillon, Anna Tudela, Maureen Jensen and Deb McCombe, I saw that I could play a role in empowering and connecting women within the mining industry. And so Women Who Rock was born,” declares President and Founder Elena Mayer (IMBA ’15).

In 2015, Women Who Rock (WWR) donated $3,000 to the Schulich School of Business to create the Women Who Rock Award in Global Mining Management in honour of their first anniversary as an organization.

WWR’s gift has funded two awards, worth $1,000 each, to date. Awarded to a second-year female student in the Schulich MBA/IMBA program, specializing in Global Mining Management (GMM), “The WWR Award was created to recognize women who are passionate about the sector and active in bringing positive change to the industry,” says Mayer.

Last October, WWR presented their second award to Sophie Bertrand (IMBA ’16), who was pursuing the second year of her International MBA studies at Schulich, specializing in both Global Mining Management and Business and Sustainability. Accomplished and passionate about the mining sector, Sophie has over seven years of work experience in environmental consulting for the industry with world-class firms like AMEC and Golder Associates. Sophie recently graduated with her IMBA degree from the Schulich School of Business in June.

Mayer states, “We hope to inspire women in the program to take proactive steps while they are still in school so they will become an integral part of the positive change in gender diversity and mining.”

For more information about WWR and how you can be a part of it, please visit www.womenwhorock.ca

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Women In Leadership takes steps to elevate women in business

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Women In Leadership (WIL), a student association at the Schulich School of Business, has recently donated $4,000 to create the Women In Leadership Student Award, which recognizes academic excellence and provides financial support to undergraduate and graduate Schulich students who are enrolled in the BBA/iBBA or MBA/IMBA program. The Award, valued at $1,000 annually, is given in alternating years to a female undergraduate and graduate student, with preference given to a student who demonstrates significant financial hardship.

Through this Award, WIL hopes to alleviate some of the financial burden and empower female Schulich students to succeed in leadership roles at school, in the workplace and beyond. Caitlyn Bertone, iBBA ’16 and Alexandra Artamonova, IMBA ’16, WIL Co-Presidents for the 2015-2016 academic year, spearheaded the initiative before they graduated from Schulich in June.

“We were motivated to establish this Award because we, as students, recognize how much Schulich has impacted our own lives. We see the opportunities that are available at our school and how, when utilized to its fullest extent, these opportunities allow students to flourish into influential leaders that truly do extraordinary things upon graduating,” said Bertone and Artamonova.

At WIL’s recent 12th Annual INSPIRE TO ASPIRE Conference in March, Professor Marcia Annisette, Associate Dean of Students at Schulich and Program Director of the Master of Accounting Program, spoke about the importance of recognizing and inspiring future business leaders through awards such as the Women In Leadership Student Award. “This Award will have a very powerful and positive impact on a recipient’s success and development while at Schulich and throughout their life,” said Annisette.

For more information about WIL, please visit their Facebook page at https://www.facebook.com/schulichwil. Or if you would like to make a contribution toward this award, please go to www.wil.supportschulich2016.ca.

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CGE Executive Director participates in Women’s Business Conference in Warsaw

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Dr. Lorna Wright, Executive Director at the Centre for Global Enterprise, recently returned from the 2016 Global Summit of Women held in Warsaw, Poland. The three-day summit was packed with over one thousand delegates from across the globe who gathered to promote the advancement of women’s interest in business.

In it’s 26th year, the Global Summit of Women has become one of the premier international events for sharing best practices and promoting further collaboration amongst the planet’s most distinguished female leaders in business, politics, culture and non-for-profits. This year’s theme, “Women, Building an Inclusive Economy in the Digital Age”, highlighted the challenge of ensuring that all women have fair access to the opportunities provided by the digital age.

In brief, technology can be a great catalyst to accelerate global gender equality. Access to technology can assist women with gaining employment and attaining higher levels of education worldwide. According to a recent report from the World Economic Forum, approximately 60 per cent of job openings now require at least basic digital or STEM literacy. There are also endless opportunities for online learning and in the emerging sharing economy that are now intrinsic to the digital age.

Learning to leverage the digital age’s tremendous value and building a more inclusive economy as set out by the 2016 Global Summit of Women is a vital step toward advancing the interests of women in business worldwide.

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The Schulich Experience

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Schulich recently introduced new Viewbooks for our MBA and Masters programs. The Viewbooks feature engaging photography and useful information about admission requirements, financing, working and studying overseas, and career opportunities.

Over the next few months, alumni from various Schulich programs will share their journeys with you on webpages and through videos.  Discover the personal success stories of Tian, Lisa Marie, J.P., Elle, Regina, Tej, Daniel, Shilpa, Dan and Nina. You’ll gain firsthand accounts of what it’s like to be enrolled at Schulich. Our alumni also share their personal experiences about how Schulich prepares you to lead in your chosen field after graduation.

Begin your Schulich journey now – click the Viewbook below and connect with our Alumni Story videos.

MBA Viewbook:

Masters Viewbook:

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2020 Visions

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In a life replete with academic markers and milestones, perhaps none stands out more than the year in which we complete our undergraduate degree. The year we secure our “Class of” moniker.

The four-year journey to get there is one of immense growth and self-discovery. They are the years where we unearth passions, strengthen our capacity for resilience, develop lifelong friendships, and explore the boundaries of our comfort zones. Simply put, they are the years where we start to picture who we want to be in this world, and develop a plan to make it happen.

This September, Schulich welcomes the i/BBA Class of 2020 to campus. 248 young women, and 181 young men from 20 different countries will set out on this exciting path as classes begin September 8th. We caught up with a few of them during O-Week to ask a question that only seemed natural, given their anticipated year of graduation:

“What 2020 vision do you have for yourself?”

Karolina Devesen iBBA 2020After graduating from Schulich in 2020, I see myself very well prepared for whatever challenges I have to face in my future career, as well as well-equipped with the knowledge I’ll need in order to accomplish the most daring and ambitious goals of mine in the field of marketing.
– Karolina Devesen, iBBA 2020

 

 

 

Tosin Alawode BBA 2020I want a career in professional accountancy. I’m considering a 5-year plan where I complete the Master of Accounting (MAcc) after my BBA, and go on to write the CFE.

– Tosin Alawode, BBA 2020

 

 

 

Nil Harxhi iBBA 2020I hope to take my iBBA degree around the world. My ultimate goal is to explore what shapes European economies, and to educate people new to Canada about personal finance.

– Nil Harxhi, iBBA 2020

 

 

 

Moyosore Adesina BBA 2020By 2020, I plan to be a well-rounded graduate who has experienced everything Schulich has to offer, from serving on the UBS, to participating in club and networking events, and even playing on Schulich intramural teams!

– Moyosore Adesina, BBA 2020

 

 

 

 

Best of luck as you start your Schulich journey, Class of 2020. We can’t wait to see what you accomplish over the next four years!

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Welcome to our Inaugural Master of Management Class

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Schulich is pleased to welcome 50 students in the new 12-month Master of Management program. This is the first program of its kind at the School, specifically designed as a bridge to the business world  for high-achieving graduates from non-business degrees by inculcating them with both general management and industry-specific skills.

Prospective students at the Master of Management Launch

The inaugural class defies the stereotypes of what typical graduate business programs look like.  With a class that is 56% female, it is the first female majority graduate program at Schulich. The class of 2017 comes from 13 different institutions with a number of different subject backgrounds including: social sciences and humanities, health studies and kinesiology, as well as students from law, drama, sociology, biology, computer science and other fields.

Incoming student Harpreet Gill feels the new program will help her get introduced to the business world. “Coming from a Health Sciences background and working in pharmaceuticals for a year, I knew I lacked the business fundamentals to excel in this industry,” Gill said. “When Schulich announced the launch of the MMgt program, I knew it was the perfect fit for me where I can kick start my professional career in just  12 months.”

Watch Program Director Kevin Tasa share more about Schulich’s newest program.

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Kellogg-Schulich EMBA Residence Week to Module 2 – Mellie Chow

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I thought that I would NEVER go back to school!  But never say NEVER, because life is long and your career can feel even longer!?!  After much hemming and hawing over the ROI of a graduate degree, I decided it was time to go back to school, as I felt I had risen to a humbling level of mediocrity at work. So I decided to pursue my EMBA at Kellogg-Schulich at the beginning of this year.  It turned out to be one of the best decisions I’ve ever made and I will tell you about my experience with residence week and the first two modules at Schulich so far…

Residence Week was a “throw-yourself-into-the-deep-end of the pool” kind of immersive introduction to being back in the academic environment.  But what immediately struck me was the people in my class which was comprised of approximately 45 other highly motivated, ambitious and capable Type A personalities.  It instantly felt like home.  And incredibly refreshing to be surrounded by a wealth of talent and experience.  Residence week was a warm fully engaging welcome that would set the tone towards the depth of relationships and life-long bonds that was in store for me throughout this experience.  I was eagerly looking forward to spending the next 18 months and learning from my EMBA family.

Module 1 was our initial experience working with our hand-picked study groups and the high-caliber professors from Kellogg who made learning feel gratifying and almost let you forget about the pain of how challenging the work load was.  The richness and depth of the content made me feel like I was acquiring the right tools towards my future.  Our class was also very fortunate to have the Schulich administrative support which we quickly learned would go above and beyond to ease some of the burden of our heavy work load.

Module 2 further built on the relationships and knowledge we had acquired to prepare us to meet the rest of the global network.  We fanatically and confidently awaited what was in store for us next…

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From Theatre to Leader

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If you’ve spent any time on campus this summer, chances are you’ve seen the newest GBC President Frank Paul in the hallways. He believes in relationship-building and hasn’t wasted any time since his appointment.

With a refreshed Strategic Plan underway, his focus on outcomes and data for the upcoming year are a testament to Frank’s management instincts and natural business leadership. But it was not long ago the fine arts undergrad major was working in film and television. Now he is combining both disciplines, as well as writing a screenplay as part of his MBA/MFA/MA degree program.

“I really enjoy telling stories,” Frank said. “I realized (in my undergrad) that if I wanted to produce Canadian stories in film and television, I needed a measure of business acumen and when I learned about the Arts and Media MBA specialization at Schulich, I knew it was something I had to do to invest in my future.”

Some of the projects on his plate include preparations for the GBC’s events, exploring better communications, fostering greater student engagement and supporting new mental health initiatives.

However it’s not just behind the camera where Frank has found rewarding ways to use his creative side, it’s also in building meaningful connections.

“You’ll meet many different people here, sometimes just for a project or event. But for every relationship, there’s always a story to take away with you. That’s the magic of Schulich.”

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Lighting up the ‘i’ in the Schulich iBBA

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From Toronto to Tanzania, Adam Camenzuli (iBBA ’10) has explored business opportunities far from home as the Executive Director and Founder of KARIBU Solar Power, a social enterprise that helps bring affordable and safe energy and light to African homes. One of 32 delegates that represented Canada at the G20’s Young Entrepreneurs Alliance (YEA) Summit in Beijing in September, Adam has been profiled in Forbes Africa, The Globe and Mail, and CNN.

KARIBU Solar Power provides a safer alternative to dangerous kerosene products often used to light African homes and seeks to contribute to social change, economic renewal, and job creation. The KARIBU “hockey puck” solar lamp, contains a rechargeable battery, mobile phone charger and a light, and are sold to small-scale entrepreneurs. KARIBU describes the solar lamp on its website as “an income-producing asset for an entrepreneur (just like a chicken or goat) but it is also an affordable way to buy light (and mobile phone charging) for an end-consumer”.

At the G20, Adam was focused on raising awareness of KARIBU, and encouraging global policymakers to further equip young entrepreneurs to bring ideas to market. He hopes the high-profile event helped further develop his national and international networks so that KARIBU Solar Power can expand into other African countries where electricity is scarce.

“By being featured as a sustainability champion, I hope to bring more support to our cause of bringing affordable energy to the world,” says Camenzuli.

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Revolutionizing the fan experience

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Technology has connected fans closer than they have ever been to their favorite athletes and sports teams. Now it’s changing the fan experience. Mark Silver (MBA ’00) is a part-time Marketing instructor at Schulich and President of Stadium Digital, a company that offers a SaaS fan loyalty and engagement platform that rewards fans who interact with their client’s sports properties.

One of their clients, the Toronto Argonauts, use Stadium Digital’s services to engage fans both during games and afterwards with Argos All Access, giving fans a chance to earn “yards” which can be redeemed for merchandise, contest entries and other promotions.

“Our platform engages fans through digital channels while collecting data to better understand who these people are,” Silver said. “It is a win-win for both our clients and their fans where instead of paid advertising it is organic as fans are targeted with relevant content and offers based on their profile and real-time location.”

Silver has worked in the sports digital sphere for many years. Before Stadium Digital he spearheaded the restructuring of TSN’s digital media, including the launch of the TSN GO apps, BarDown.com and the new TSN.ca. He previously led digital for the joint Bell and Rogers Media broadcast of the London 2012 Olympics and oversaw digital operations for the Vancouver 2010 Olympics. Building many industry connections over the years, he uses that diverse network to enrich the student experience in the classroom.

“As a student, one of my favorite parts of class was when guests came to speak,” Silver said. “It is a big priority for me to get people from businesses like Facebook, LinkedIn and Twitter into my social media class who can speak on issues that are relevant and topical to make the curriculum come to life.”

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Team Schulich joins Terry Fox Run

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Members of the Schulich community laced up their sneakers for the 36th annual Terry Fox Run in support of Cancer Research. This year Schulich assembled the largest team at York with over 70 members. In total Team Schulich raised over $5,000 for the Terry Fox Foundation.

The team was led by Co-Captains Sean Siddik (MBA 2003) and Ashelyn Fung (GBC Athletics Director and IMBA 2017). According to Siddik “this year’s team set the school’s fundraising record for the event.”

“We are so proud to once again exceed our fundraising goal of $3000 and it is because of the support from all levels of students, alumni, faculty and staff, as well as community members that made it possible,” said Fung.

Participants ran the five and ten kilometre course around York University starting and ending at the new York University Stadium, which previously housed the athletics events at the Pan Am and Para-Pan Am Games. Runners finished the race with a lap around the state-of-the-art track.

This year the top fundraiser was Member of the International Advisory Council, Toronto Alumni Chapter and part-time sessional lecturer Gregory Pau (BBA ‘88 / MBA ‘89) collecting $1,295. Others finishing in the top five were: Susan Jackman (MBA ’05), Margarita Cargher (MBA ’18 candidate), Lilly Wong (MBA ’10) and Ika Janiszewski (iBBA ’19 candidate).

Siddik hopes that this year’s momentum will carry forward for years to come. “We really appreciate the contributions from various people who sponsored our team and helped us exceed our goals.”

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New Club Aims to Connect Schulich Students with World of International Business

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A new club for Schulich students, the International Schulich Business Association (ISBA), celebrated their inaugural club fair earlier this term. This ISBA is the only graduate student club at Schulich entirely dedicated to international business.

“Each day there are more and more interactions with foreign companies, countries, and cultures in the world of business,” says Grace Yoobin Hur, IMBA Candidate (2017) and Co-Founder & Co-President of the International Schulich Business Association. “The ISBA was founded to support Schulich students in becoming global leaders, and to establish a truly global network for all ISBA members, both past and present.”

The Centre for Global Enterprise (CGE) and the International Schulich Business Association share a common vision in that engagement with international markets and fostering professional connections overseas is not only beneficial for the Canadian economy on a macro-level, it’s also essential for early-career success for young professionals looking to establish an international career.

“The mission of the Centre for Global Enterprise is to help businesses achieve their full potential through interaction with international markets,” says Douglas Kennedy, RBC Managing Director of the CGE. “We are pleased and encouraged that the newly-formed International Schulich Business Association demonstrates the interest of Schulich students in international business and issues such as global value chains. We look forward to collaborating with the ISBA to achieve our complementary goals.”

If you are Schulich student interested in joining the International Schulich Business Association, please contact yhur@schulich.yorku.ca.

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