One of Canada’s top-ranked business schools for finance—the University of Toronto’s Rotman School of Management—benefits from the leadership of a foremost figure in the nation’s financial sector. After Roger Martin stepped down as the school’s dean, Tiff Macklem, the former senior deputy governor of the Bank of Canada, assumed the role in 2014 for a five-year term.
Rotman, ranked second among Canadian MBA programs by the Financial Times in 2018, underwent significant growth under Martin’s deanship, in both campus size and endowment. Macklem’s appointment as dean suggests a continued rise in Rotman’s academic profile and its reputation for financial education. “He has vast experience managing large institutions, translating academic research into public policy, and representing Canada on the world stage,” stated the university’s vice president and provost.
In addition to its finance-related strengths, Rotman offers a rather unique approach to core business pedagogy. Relying on what it terms “integrative thinking,” Rotman’s teaching model challenges the compartmentalization of traditional functional areas. Students complete a series of core courses in their first year that emphasize generalized business skills and the ability to think across functional disciplines. In their second year, they are given the option to choose from among 16 different major areas, while supplementing their focus with a broader array of elective courses.
Meanwhile, approximately only 170 miles away but across the border, the full-time MBA program at the Simon Business School at the University of Rochester offers a broadly finance-oriented general management curriculum featuring particular strengths in analytics and accounting. Simon’s program is built on a foundation of 11 core courses, including “Managerial Economics,” “Capital Budgeting and Corporate Objectives,” and “Marketing Management,” as well as a communication sequence.
Students complete their core with an assigned study team before exploring more specialized professional interests. The school’s elective courses represent a variety of industries and functions, such as entrepreneurship, consulting, and real estate. Students may choose among 15 optional career concentrations, ranging from Competitive and Organizational Strategy (which includes both a Pricing track and a Strategy and Organizations track) and Marketing (which includes tracks in Brand Management, Pricing, and Marketing Strategy), to such analysis-heavy fields as Business Systems Consulting and Computers and Information Systems. In addition, the Simon MBA EDGE Program provides students with opportunities for personal development in such areas as problem solving, communication, and leadership through involvement in activities including clubs, advisory boards, and other groups on campus, as well as case competitions and projects with area companies. The program aims to complement knowledge learned in the classroom and increase students’ value to potential employers.
Simon’s Ain Center for Entrepreneurship, Center for Information Intensive Services, and Center for Pricing offer curricular and research support to supplement the specific career concentrations. Simon is also home to more than 30 professional and social student-run organizations aimed at coordinating networking events and professional development resources to assist students in advancing their careers.