Top Ten

January 30, 2007

UofT's Rotman Steadiest in Financial Times 2007 Rankings

The Financial Times of London has released its annual rankings of global MBA schools, and Canadian schools have taken a fall.  York 's Schulich School of Business fell from 18 to 49, allowing uToronto's Rotman School of management to take its place as the highest ranked Canadian school.  Rotman fell from 24 to 27.  Western's Ivey came in at 41, down from 31 in 2006, but still making it the second highest of Canadian schools.  Queen's fell off the FT top 100, but was ranked the top non-US business school six months ago by BusinessWeek magazine.  Globe & Mail | Financial Times

Atlantic Premiers Hope to Bring Workers Home

Premiers of Newfoundland & Labrador, Prince Edward Island, Nova Scotia and New Brunswick are touring Alberta with almost three dozen Atlantic companies looking for business opportunities, and maybe to inspire some of the 13,000 Atlantic migrants from 2005-06 to return home.  New Brunswick 's premier was publicly confronted by one of these migrants about why he had to relocate to find a substantial career, after his and 300 other jobs were lost by the closing of a NB printing bindery. Globe & Mail 

UNBC Cuts 50 Positions

The University of Northern British Columbia 's Board of Governors came back from its weekend retreat announcing 50 positions to be cut over the next three years.  Student enrolment has stayed at the same rate over the past five years, which is largely the cause of a predicted $2 million budget shortfall. The cuts are to be half staff and half faculty, but while some staff will be terminated immediately, faculty have a little buffer time because of their collective agreement.  The school intends to offer incentive programs and early retirement to minimize the impact as much as possible. UNBC is also considering increased business and trade tech programs to boost enrolments.  Opinion 250 

UNB Forestry Drops a Year, Adds Environmental Management

In response to financial trouble in the forestry industry, and decreased enrolment in forestry programs across the country, the University of New Brunswick is considering cutting its Forestry program from 5 years to 4, adding an environmental management degree option, and planning a bilingual stream with l'Université de Moncton . Enrolment in the UNB program dropped from 550 in 1998 to 170 this year. (In Ontario, OUAC statistics reported earlier this month that Forestry actually received the third biggest increase in first choice applications, up 22.2% over last year.  CBC 

Joint Aviation/Business Degree in Sault Ste. Marie

Sault College and Algoma University College yesterday announced a new joint degree program for aviation flight students.  The four year program will give students a commercial pilot license and an advanced diploma in aviation flight, along with a professional degree providing students with technical skills and business education.  Sault College media release | SooNews 

Outsourcing International Student Recruitment in the UK

The University of East Anglia and a company called "Into University Partnerships" have pioneered a jointly-owned international student centre that offers courses that hope to increase international undergraduate enrolment at the University.  British universities increasingly depend on international students: Tony Blair has called for an additional 100,000 over the next five years. At UEA, the joint program hopes to draw 600 students.  Students in the "Into" programs have full access to the university's facilities and services, as well as a bilingual services to help with course registration, visas and beyond.  By joining with a private company, UEA's international program gets a boost of capital that it otherwise would not have. Into media releaseGuardian Weekly (January 19-25 2007 p31)

Brown Receives $100 Million from Warren Alpert

The Warren Alpert foundation has announced a $100 million gift to the Brown University medical school.  The money will be used to construct a new building, fund scholarships and attract top researchers and doctors.  The school will be renamed in honour of Warren Alpert, who founded the convenience store chain Xtra Mart and is the founder and chairman of Warren Equities Inc, which sells fuel and groceries in more than 400 Xtra Mart convenience stores in the Northeastern US.  The gift is the largest received by the school, the largest given by the Foundation, and will affect every dimension of the school.  CNN 

Students Rack Up Credit Debts

Along with student loans, many students are dealing with credit card debt caused by a lack of financial awareness.  The National Foundation for Credit Counselling (US) says that parents do not introduce financial literacy to children, and even parents themselves do not know how to stay stable financially.  Students do not seem to be aware that their credit card slip-ups can influence their ability to borrow toward cars and homes later in life. Students should only use credit if they have employment, and should wait until their second year of study to try their hand at credit.  CNNU 

Dorm of the Future Focuses on Flexibility

The winning "dorm room of the future" features rooms made in factories and stacked to make buildings.  Each room is fitted with modular furnishings that easily switch to update the user's needs: a kitchenette for a bed, etc.  A one-piece sink and toilet unit would be built on a slanted, water-repellent floor that allows the bathroom to double as a shower stall.  Walls switch from transparent to opaque with a click, and display custom decoration on media-walls.  Many contestants included moveable walls in their submissions, and almost all designed concepts with students living in single rooms. Chronicle of Higher Education (subscription required)