Rotman AcademicPlan WEB PDF
Rotman AcademicPlan WEB PDF
for Change
Academic Plan
2019–2024
To create
value for business
and society
Our values
Excellence
Diversity
Integrity
Respect
Our promise
Here’s
where it
changes.
A Catalyst for Change charts the next leap forward Our first three goals focus on Rotman’s distinct avenues
for Rotman. It celebrates our belief in the transformative of activity: innovative research, transformational teaching
power of learning and thought leadership. And it and learning, and dynamic engagement with academic
amplifies our commitment to building the knowledge, colleagues, business leaders and policymakers. Of course,
skills and confidence that turn insights into impact these three avenues overlap in myriad ways, informing and
and learning into action. interacting with one another. What ultimately binds them
together is our fourth goal: to harness and leverage the
To make our ambition a reality, we’ve identified four
global community of stakeholders who benefit from the
key goals for 2019–2024, consciously aligning them
knowledge and ideas Rotman provides — and who in turn
with the four pillars of our promise.
share valuable perspectives and experience that give our
collective efforts added impact.
The pillars of our promise Our five-year goals How we developed this plan
Advance
1 1
In 2016, we began in-depth consultations Based on all of this input, we refined Rotman’s
Insights the frontiers across the Rotman community, seeking insights promise, identifying its four key pillars (see
that cut through of management
that we knew would be critical to articulating page 8). At a series of town hall meetings
our promise. We conducted surveys, as well beginning in the fall of 2017, we invited ideas
the noise thinking as selective interviews and focus groups, with from students and staff on how to bring our
faculty, staff, incoming students, recent and promise to life. We also conducted focus
mid-career alumni, employers and opinion groups with employers and participants in
leaders. We also sought the views of potential our Executive Programs and events. And we
Deliver
2 2
students and faculty who had chosen not to benchmarked several of our programs against
Deeper transformational come to Rotman. those of comparable business schools.
learning management We supported our initial findings with The Academic Plan has also benefited from
education quantitative research, analyzing 2,700 two recent external reviews of the Rotman
responses from Rotman students (graduate and School: one by the Association to Advance
undergraduate), faculty, staff, alumni, donors, Collegiate Schools of Business, and the other
employers and other members of the business commissioned by U of T’s Vice-President and
3 3
Engaged on community — including subscribers to Rotman Provost under the University of Toronto Quality
the most Take insight Management magazine and attendees at our Assurance Process. Lastly, the Academic Plan
pressing issues to impact public events. We also surveyed prospective was sharpened through mid-2019 by feedback
candidates for two graduate programs on how from students, faculty and staff.
they viewed our school.
All of this input has been invaluable as we’ve
developed A Catalyst for Change.
4 4
In a Harness
powerful the power of
place community
897
the frontiers
of management
thinking
$
76m
Rotman
PhD
graduates
Total funding from external sources — including are pursuing academic careers at top-ranked global
donations, grants and sponsorships — attracted by business schools, including London Business School,
Rotman’s research centres, labs and institutes, which Sloan (MIT), Stern (NYU), Kellogg (Northwestern),
work with corporate, academic and government Judge (Cambridge), McCombs (Texas/Austin), Goizueta
partners to translate valuable knowledge and activate (Emory), Desautels (McGill), Singapore Management
groundbreaking insights in business and society. University and the University of New South Wales.
2,794
transformational
management
education
2,662
The total number of Rotman MBA graduates in the five
academic years through 2019 — a cohort of future leaders
spanning our full-time, morning and evening programs, as
well as the Executive MBA and the Global Executive MBA.
• Expanding opportunities for experiential
and applied learning, as well as international
exposure.
6 Integrating more real-business problem-
solving into all programs.
6 Strengthening and expanding
Rotman’s industry partnerships to
add depth and breadth to current
project and internship options.
6 Expanding talent development
opportunities such as case competitions,
datathons, hackathons and trading
competitions.
6 Seeking opportunities to extend teaching
strategies and new content from our
focused programs portfolio to our flagship
MBA and undergraduate Rotman
Commerce programs.
6 Investing in the infrastructure required to
support further growth in our focused and
global programs — a key differentiator for
Rotman as an innovation catalyst.
• Leveraging digital technology both to
maximize the impact of on-campus learning
and to expand Rotman’s global footprint.
6 Supporting faculty members in
6 Extending opportunities across all Rotman designing and implementing effective
programs to gain international experience digital learning experiences.
and develop a global mindset, including 6 Increasing the proportion of personalized,
helping Rotman Commerce students
Rotman The Rotman- take full advantage of the University of
self-paced digital learning for all programs
— particularly those aimed at working
FinHub SDA Bocconi Global Toronto’s Summer Abroad program and
longer-term exchanges with universities
professionals.
offers learning opportunities focused on financial Executive MBA worldwide, as well as study tours, career
6 Building a body of globally relevant online
content and learning experiences to reach
innovation, including workshops on topics such as treks, conferences, and other work and
launched in 2019, combines the best of management a wider audience and attract potential
machine learning and blockchain, which are transforming study options abroad; creating more
education from Rotman and one of Europe’s leading students, including executives pursuing
financial services. FinHub is also a centre of scholarship opportunities for full-time and morning/
business schools. The program cultivates a global professional development.
and research, and a meeting place where students evening MBA students to participate in
mindset, with on-site studies in seven cities on four
participate in industry projects. international exchanges, study tours and • Enhancing and expanding Rotman’s spaces
continents — plus a flexible digital platform connecting
consulting projects; and increasing for teaching, learning and research.
students from around the world.
international networking opportunities in
6 Refining and augmenting our existing
programs such as the Global Executive
facilities to ensure students have access
MBA for Healthcare and the Life Sciences
to the most up-to-date technologies and
(GEMBA–HLS) and the Rotman-SDA
learning support.
Bocconi Global Executive MBA.
6 Constructing a new building designed
• Enhancing and scaling Rotman’s focused to serve the unique needs of the Rotman
and global management programs. Commerce undergraduate program.
6 Strengthening innovative offerings such 6 Building a new executive education
as the Master of Finance (MFin), the centre to provide a sophisticated learning
Master of Management Analytics (MMA), environment for professionals at all stages
the Master of Financial Risk Management of their careers.
Experiential The TD (MFRM) and the GEMBA–HLS. We will 6 Ensuring critical expansion space for
learning Management Data potentially scale or add streams or
programs where they complement our
our growing research centres, as well as
opportunities and Analytics Lab existing offering, address an emerging
work and collaboration spaces for key
administrative functions.
or underserved need in the marketplace
for Rotman MBA students include global consulting is a resource hub for teaching and research in and reinforce Rotman’s leadership in
projects, applying what they’ve learned in assignments data science and artificial intelligence. The lab helps management education.
abroad; OnBoard, an eight-month fellowship on strategic Rotman students, faculty and industry partners
governance, working with a non-profit board of directors; manage big data applications and gain valuable
and CityLab, tackling urban challenges by helping stimulate insights using advanced analytical tools.
social and economic activity at the neighbourhood level.
$
45m
to impact
Harness
20‚000 +
the power of
community
We will The Rotman community is both local and global. It’s students
connect and alumni. Faculty and staff. Thinkers and researchers.
and grow Partners and employers. Donors and supporters. Leaders
our global and innovators in industry, government and the not-for-profit The 118 public events Rotman hosted in 2018–2019
community sector. It’s people of diverse backgrounds, cultures and attracted more than 20,000 registrations. Our events
to bring added beliefs, with wide-ranging experience, talents and aspirations. bring together a wide range of stakeholders, including
business leaders, policymakers and the general public,
perspective, as we share research insights and innovative thinking
support on business, economic and social issues.
and meaning
to what we
We will do this by:
do — and
to further
accelerate
• Deepening alumni engagement — with
our school and with each other.
6 Promoting lifelong learning across the
Rotman community, encouraging all
We received Rotman’s Equity,
Rotman’s 6 Enhancing alumni programs to meet
stakeholders to stay connected to our more than Diversity and Inclusion
impact. the needs of Rotman graduates through
school as a source of continued career
momentum and personal growth.
$94.5 million Committee
every stage of their careers.
6 Nurturing financial support, inviting in donations from the Rotman community between formed in 2015, brings a stronger equity lens to
6 Encouraging more Rotman alumni
donors to direct their generosity toward 2014 and 2019. Donors directed their generous our school as we build a more diverse and inclusive
who’ve achieved success to share
critical areas of impact: scholarships; gifts toward research centres, institutes and labs; community. We’ve implemented many of its
their perspectives as guest speakers
student experience; innovative research; chairs and professorships; student support; and the recommendations, including the recent creation
or expert panellists.
and initiatives at the intersection of Dean’s Strategic Fund. of an ED&I Director position with the resources
6 Inspiring more alumni to participate academia, business and public policy. to further accelerate progress.
in volunteer initiatives such as mentorship
programs, helping current students • Growing Rotman’s impact as the destination
and recent graduates achieve their career in the GTA for gaining valuable insights
aspirations. — through events, forums and conferences
— on current management issues in business,
6 Enriching the functionality, content
economics, technology, science and health.
and relationship-building dimensions
of Rotman Connect, our virtual platform • Expanding the role of Rotman Executive
for alumni. Programs (see page 18) as a trusted
source of learning and insights for the
• Strengthening the value and impact of
business, public and not-for-profit sectors
Rotman’s global network.
— extending our reach and impact by
6 Broadening and deepening our
relationships with corporate partners,
helping to advance careers, deepen the The Judy Our U of T
academic allies and other friends of
national talent pool and connect Canada’s
business community to the world. Project partnerships
Rotman by disseminating innovative
is a unique forum for women advancing into senior include Rotman Commerce, delivered jointly with the
research and thought leadership.
executive roles. Highly experiential, it blends the expertise Faculty of Arts and Sciences; combinations of the MBA
of Rotman faculty and distinguished participating CEOs, with degrees from the faculties of Law, Engineering and
and provides long-term support via personal advisory Pharmacy, and the Munk School of Global Affairs and
boards. Launched in 2003, the Judy Project trained more Public Policy; and the Master in Financial Economics, in
than 400 women leaders in its first 17 years. association with the Department of Economics.
1 2
Advance Deliver
the frontiers transformational
of management management
thinking education
Publications and citations: total and per Rankings: sustain Rotman’s position
capita publications in leading academic as the leader in Canada, and strengthen
journals; recognition among the global top 10 our global rankings.
in the Financial Times research rankings.
Academic excellence: consistently
Funding: total value of grants; success strong student ratings of their learning
in securing grants from major Canadian experience across all programs.
federal agencies.
Diversity: attract outstanding and
Faculty: success in continuing to attract and diverse students from across Canada
retain diverse, talented faculty. and around the world.
PhD success: placement of Rotman graduates Career paths: placement rates of Rotman
at top-tier global universities. graduates in their fields of choice.
Learning beyond the classroom:
number of experiential, applied and
international learning opportunities for
students across all programs.
3 4
Take Harness
insight to the power of
impact community
Publications and media: translation of faculty Alumni engagement: percentage of
research and expertise to reach a broad graduates engaged with Rotman annually.
audience; coverage of Rotman research,
Donor generosity: philanthropic support
activities and events in the media.
from alumni, friends of the Rotman School
Industry sponsors: volume of corporate and corporate partners.
engagement and sponsorship activities with
Events: number of Rotman-hosted events
Rotman’s centres, labs and institutes.
that cement our role as a leading destination
Executive Programs: increased Canadian and for management insights.
international participation in a growing array of
market-leading business education programs.
To create Excellence
value for business Diversity
and society Integrity
Respect
Advance
1 1
Insights
that cut through the frontiers
the noise of management
thinking
Deliver
2 Deeper
learning 2 transformational
management
education
3 3
Engaged on Take insight
the most to impact
pressing issues
4 4
In a Harness
powerful the power of
place community