Schulich School of Business

The Schulich School of Business is the business school of York University located in Toronto, Ontario, Canada. The institution provides undergraduate and graduate degree and diploma programs in business administration, finance, accounting, business analytics, public administration and international business as well as a number of PhD and executive programs. Originally known as the Faculty of Administrative Studies (FAS), it was renamed in 1995 after Seymour Schulich, a major benefactor who has donated $15 million to the school.[1] Although the Schulich School of Business is a Faculty of York University, it operates under a separate budget. The dean of the school, Dezsö J. Horváth, was first appointed in 1988, making his tenure one of the longest at any business school in the world. The School is accredited by the Association of MBAs (AMBA) and the European Quality Improvement System (EQUIS).[2][3] According to Forbes and CNN Expansión, Schulich has the best full-time MBA program in Canada.[4]

Schulich School of Business
Former names
Faculty of Administrative Studies
TypeFaculty (business school)
Established1966 (1966)
AffiliationYork University
DeanDezső Horváth
Location
Toronto
,
Ontario
,
Canada

43°46′23″N 79°29′55″W
Websiteschulich.yorku.ca
Seymour Schulich Building

Primarily located at the Seymour Schulich Building on the Keele Campus in Toronto, Ontario, the school also maintains an executive education centre in Toronto's Financial District in downtown Toronto and a satellite campus in Hyderabad, India. The School also operates representative offices in Beijing and Shanghai, China; Mumbai, India; Seoul, South Korea; and Moscow, Russia. Schulich offers undergraduate, graduate and postgraduate business degrees that lead to careers in the private, public and nonprofit sectors, and has more than 29,000 alumni working in approximately 90 countries. Schulich pioneered Canada’s first International MBA (IMBA) and International BBA (iBBA) degrees, as well as North America’s first cross-border executive MBA degree, the Kellogg-Schulich Executive MBA. Schulich’s Executive Education Centre provides executive development programs annually to more than 16,000 executives in Canada and abroad.

History

The Schulich School of Business was known as the Faculty of Administrative Studies which was founded in 1966.[5] Before the establishment of the Seymour Schulich Building on the Keele Campus in 2003, the school was run from a York University building, currently renamed as Health, Nursing & Environmental Studies Building. In 1995, following a major monetary donation from Canadian billionaire Seymour Schulich, the school underwent a series of changes that created the present-day Schulich School of Business.

Campuses

Seymour Schulich Building
Peter F. Bronfman Business Library

The Seymour Schulich Building, opened in August 2003, is a $102-million complex. The building was jointly designed by Siamak Hariri and Robbie/Young & Wright Architects Inc. and was awarded the Governor General's Medal in Architecture in 2006.[6] The Seymour Schulich Building and its Executive Learning Centre houses Peter F. Bronfman Business Library, Executive Dining Room, Robert R. McEwen Auditorium, educational facilities of York Entrepreneurship Development Institute, Tuchner's Eatery (restaurant/bar), Starbucks, a multi-storey hotel, and a number of small lecture halls.

Miles S. Nadal Management Centre

Management programs are held in downtown Toronto at the Miles S. Nadal Management Centre which is located in the Ernst & Young Tower of the Toronto-Dominion Centre. The closest subway stations to the downtown location are King, Union and St. Andrew's on the Yonge-University-Spadina line.

India Campus

The Schulich School is currently constructing a campus in Hyderabad, India.[7] The campus, to be named the Schulich GMR Campus, is accredited by the All India Council for Technical Education (AICTE) and the inaugural class began in September 2013. During the first 8 months of students study in Hyderabad to develop a strong foundation in business management fundamentals. In August, students travel to Toronto as part of the curriculum to attain international education during Year 2 at Schulich's main campus. For the next eight months (two terms), they develop more specialized expertise as they tailor their MBA studies to meet career goals.

Graduate programs

The Schulich School of Business offers a number of graduate degree programs:

  • PhD - Doctor of Philosophy in Business Administration
  • MBA - Master of Business Administration
  • IMBA - International Masters of Business Administration is an MBA program with a strong emphasis on International Business.
  • EMBA - Schulich offers a joint Executive MBA program with the Kellogg School of Management at Northwestern University
  • India MBA - Schulich offers an MBA program at the Schulich GMR Campus in India
  • MBA/J.D. - MBA with a Juris Doctor in partnership with Osgoode Hall Law School of York University
  • MBA/MFA/MA - Master of Business Administration, Master of Fine Arts, and Master of Arts
  • MPA - Master of Public Administration
  • MF - Master of Finance
  • MAcc - Master of Accounting
  • MBAN - Master of Business Analytics
  • MMgt - Master of Management
  • MMKG - Master of Marketing
  • MREI - Master of Real Estate and Infrastructure (Jan. 2017)
  • MSCM - Master of Supply Chain Management

The Schulich School also offers two Graduate diploma programs:

  • Post MBA, Advanced Management - Open only to individuals who hold an accredited North America equivalent MBA degree from a recognized business school. To qualify, the MBA program must be a two-year, full-time program or equivalent (60 credits) and cover all the material presented in the one year Schulich MBA program.[8]
  • Financial Engineering, Stand Alone

The School currently offers 18 specializations within the MBA curriculum as well as part-time and accelerated degree options.

Undergraduate programs

Overview

Schulich offers two undergraduate programs:

  • BBA - Bachelor of Business Administration
  • iBBA - International Bachelor of Business Administration

In 2013–2014, the iBBA program will be in its 14th class, and the BBA program will be in its 36th.

Admissions

The Schulich School of Business maintains a selective admission standard for its undergraduate programs. The BBA and iBBA programs together enrol around 400 students and up (300 for BBA and 100 for iBBA) from an average of 4,500 to 5,000 applicants per year, providing an applicant to place ratio of around 12 to 1. Delayed entry students who have studied one year at another school are also allowed to apply. However, there are only a limited number of spaces reserved for the delayed entry stream and prospective applicants must meet specific degree requirements to qualify.[9][10] Students applying to the BBA/iBBA program must have at least a low 90s average to remain competitive; the cut-off line for undergraduate applicants in 2017 stood at 91%, with the overall average for incoming undergraduates being 94%. There are two parts of the application process. For the first part, applicants must submit a Supplementary Information Form that includes a summary of the organizations, sports teams, volunteer or paid work that the applicant has been involved in. Secondly, there are three video interview questions along with a five-minute written portion. All undergraduate applicants must take at least six U and M courses, but cannot take more than two M courses in the same discipline. Applicants must also take Grade 12 English (U) and Grade 12 Advanced Functions and either Grade 12 Data Management or Grade 12 Calculus (Calculus Recommended). Delayed entry students must maintain at least an A average in order to be considered and must also fill out a Supplementary Information Form.

Academics

Similar to the graduate program, students are not required to specialize in a discipline. However, students can choose to specialize in up to two areas such as: Accounting, Economics, Entrepreneurship and Family Business, Finance, International Business, Marketing, Organization Studies or Operations Management & Information Systems, and Strategic Management. iBBA students are also required to complete one semester of study abroad at one of Schulich's partner schools and to take a foreign language course every year. The most popular specializations include Accounting, Finance and Marketing.

Undergraduate students in the BBA and iBBA programs also have the option of pursuing a Certificate in Managing International Trade and Investment. This is the first Certificate to be offered at the Schulich School.

International exchange

Any student enrolled in the BBA/iBBA program may apply for one Study Abroad term. Students may apply for a full academic year only in cases where a full year option is available as per the information on individual partner schools. Exchange term could either be the second semester of Year 3, or first and second semester of Year 4. Schulich partners with 56 exchange partner universities in 28 different countries. Less than 50% of the student body goes on exchange during their studies at Schulich. Exchange is mandatory for iBBA students as it is a part of their graduation requirements, but BBA students are also allowed to participate in exchange. Most countries that invite Schulich students for exchange terms have limited spots; therefore, a portion of the spots in each university is reserved for iBBA students, and the rest of the spots are for students studying in either undergraduate designation.

Rankings

Global rankings
  • 48th[11] in the 2019 MBA ranking, by the Economist. 1st in Canada. 12th among all schools outside the USA.
  • 8th[12] in the 2017 International MBA ranking, by Forbes. 1st in Canada.
  • 56th[13] in the 2016 MBA ranking, by the Economist. 1st in Canada.
  • 66th[14] in the 2014 MBA rankings, by the Financial Times, a financial newspaper published in London. It places 59th over a 3-year average and has the 2nd highest ranking among all business schools in Canada.
  • 24th[15] in the 2016 Best Global MBA rankings, conducted by CNN Expansión. 1st in Canada.
  • 9th[16] in the 2015 International MBA ranking, by Forbes. 1st in Canada.
  • 26th[17] in the 2013 EMBA rankings, by the Financial Times of London, up one spot from the previous list.
  • 22nd[15] in the world in the 2013 Best Global MBAs ranking, conducted by Expansión, a Time Warner publication based in Mexico City
  • 27th[19] in the 2016 ranking Of The Best International Business Schools, by Poets & Quants.[20]

Specialized rankings
  • 1st[21] 1st in the world in the 2016 Corporate Knights ranking of the top MBA programs integrating social, ethical and environmental impact management issues into the curriculum
  • Top 15[22] Among the top 15 international business schools in the 2019 MBA ranking by the Economist.
  • Top 15[23] Among the top 15 international business schools in the 2012 MBA ranking by Bloomberg Businessweek
  • 2nd[24] 2nd in the world in the 2011-2012 ranking of the top 100 MBA programs incorporating social and environmental leadership into the main curriculum, conducted by the Aspen Institute, a Washington, D.C.-based leadership think tank

Notable faculty

Notable alumni

Student clubs

There are two student government bodies responsible for the student experience at Schulich.

  • On the undergraduate level, students can participate in annual elections to become representatives in the Undergraduate Business Society (UBS).
  • Graduate students have the same opportunity to be elected as their student body representatives in the Graduate Business Council.

Additionally, students can become members and hold position in various student organizations. Each of these organizations solicits membership from newly admitted students at the Club Fair, which takes place during the first week of classes.

References
  1. "Seymour Schulich named Officer of the Order of Canada". York University. 2012-01-12. Retrieved 2014-05-07.
  2. "Business school detail - Association of MBAs". www.mbaworld.com. Retrieved 2015-09-23.
  3. "EQUIS Accredited Schools". www.efmd.org. European Foundation for Management Development.
  4. "The Best International MBAs: Two-Year Programs". Forbes. 2017-01-12. Retrieved 2017-10-07.
  5. "York_University_Schulich_School_Of_Business". The Economist. 2012-09-27.
  6. http://www.yorku.ca/yfile/archive/index.asp%3FArticle%3D6440
  7. "GMR Group announces partnership with Schulich to develop campus in Hyderabad, India". Schulich School of Business. Retrieved 2011-09-18.
  8. http://schulich.yorku.ca/client/schulich/schulich_lp4w_lnd_webstation.nsf/page/Post-MBA+Overview?OpenDocument
  9. http://schulich.yorku.ca/client/schulich/Schulich_LP4W_LND_WebStation.nsf/page/BBA+Program+Description?OpenDocument
  10. "Schulich School of Business - Schulich Snapshot". Schulich School of Business. Retrieved 2010-01-29.
  11. "2019 MBA & Business School Rankings | Which MBA?". The Economist. Retrieved 2019-11-20.
  12. "The Best International MBAs |". Forbes. Retrieved 2017-10-16.
  13. "2016 MBA & Business School Rankings | Which MBA?". The Economist. Retrieved 2016-12-16.
  14. "Global MBA rankings in 2014". Financial Times. Retrieved 2014-08-31.
  15. "Schulich top-ranked MBA program in Canada for seventh straight year in global survey". Schulich School of Business. Retrieved 2016-01-05.
  16. "The Best International MBAs |". Forbes. Retrieved 2016-12-16.
  17. "EMBA Rankings 2013". Financial Times. Retrieved 2013-10-24.
  18. "Full Time MBA Ranking 2014". The Economist. Retrieved 2015-08-31.
  19. "2016 Ranking Of The Best International Business Schools". Poets and Quants. Retrieved 2016-12-31.
  20. http://poetsandquants.com/. Missing or empty |title= (help)
  21. "2016 Better World MBA results". Corporate Knights. Retrieved 2016-10-29.
  22. "2019 MBA & Business School Rankings | Which MBA?". The Economist. Retrieved 2019-11-20.
  23. "Top 15 international business schools in the world". Bloomberg Businessweek. Retrieved 2013-09-23.
  24. "Schulich named a world leader in 2011 Aspen Institute MBA ranking". Aspen Institute. Retrieved 2011-09-26.
  25. "Dean of the Year Award". Academy of International Business. Retrieved 2007-09-25.
  26. Gibson Burrell and Gareth Morgan (1979). Sociological Paradigms and Organizational Analysis. Heinemann: London. ISBN 0-435-82130-X
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