Top Ten

October 27, 2009

Carleton endowment suffers $51-million loss

According to a report to Carleton University's board of governors, the university's endowment fund dropped $51.2 million in value in the school's last fiscal year. The fund's value dropped from about $231 million to just under $180 million. Despite the loss, Carleton's vice-president of finance and administration says the university does not expect to reduce student support or ask senior staff to take pay cuts. At the end of July, the endowment fund's value improved by about $10 million, and by about $20 million by the end of September. Ottawa Citizen

Huron launches $12.5-million fundraising campaign

Huron University College, an affiliate of the University of Western Ontario, recently kicked off the public phase of its $12.5-million "Touch the Future" fundraising campaign. Donations will support scholarships and bursaries, the Silcox Memorial Library, faculty research, academic programming, community-based learning, and volunteer service opportunities. Huron has set up a website to feature up-to-date results and the latest campaign news. The site is interactive in that alumni can share stories and submit photos from their time at Huron, and take a quiz on Huron trivia. The institution has raised more than $8.6 million to date. Touch the Future: The Campaign for Huron

4 McGill students diagnosed with H1N1

There are 4 confirmed cases and 17 suspected cases of the H1N1 influenza at student residences at McGill University. Hand sanitizer and masks are available at residences, and ill students are brought food so they don't have to leave their rooms. While the number of suspected cases is on the rise, McGill's director of student health services says there are no hard numbers across campus. CTV

Groundbreaking for UTM Health Sciences Complex

The University of Toronto at Mississauga broke ground Monday for its $37-million Health Sciences Complex. Scheduled to open in summer 2011, the 4-storey, 5,960-square-metre building will house the Mississauga Academy of Medicine, research laboratories, and the graduate biomedical communications program. The Academy of Medicine is a partnership among UTM, uToronto's Faculty of Medicine, Trillium Health Centre, and Credit Valley Hospital. uToronto News

First building opens at McMaster Innovation Park

On Monday, McMaster University celebrated the completion of the first building of the McMaster Innovation Park, following an extensive $19.2-million renovation. The building's airy new centre provides the official name of the facility -- the Atrium @ MIP. The building is already over 70% full, and is expected to reach full capacity by next year. The next phase of development at the research park is the federal government's CANMET Materials Technology Laboratory, a $60-million project scheduled to open next year. McMaster plans to construct about 14 buildings at the park over the next 15 years. McMaster Daily News | Hamilton Spectator

Trend in schools acquiring hotels for student housing

Since 2003, a number of Canadian universities and colleges have turned to hotels to relieve an increasing demand for student accommodation. That year, McGill University purchased the former Renaissance Hotel and converted it into a 700-bed dormitory. This spring, McGill acquired the Four Points Sheraton for $18.8 million. To cope with the double cohort following Ontario's elimination of Grade 13 in 2003, the University of Toronto bought the Colony Hotel for $72 million, which gave the university nearly a thousand new beds at once. Also with the double cohort in mind, the University of Ottawa scooped up a nearby condo project that was struggling, saving the institution time and money required to build a new residence. Globe and Mail

uToronto top research university in Canada

The University of Toronto has placed first in Research Infosource's annual list of the Top 50 research universities in the country. uToronto also topped the medical/doctoral category. The University of Waterloo ranked first in the comprehensive category, and Trent University placed first in the undergraduate category. Research Infosource reports that total research income at Canada's top 50 research universities reached $6.1 billion in the 2008 fiscal year, up from $5.7 billion the year before. Research Infosource News Release | Top 50 Research Universities List 2009 | Research Universities of the Year 2009

Financial Post runs special on MBAs

Yesterday's Financial Post featured a special section on Canadian MBA programs. An examination of tuition fees for MBA programs reveals that York University's Schulich-Kellogg Executive MBA program is the priciest at $108,000, which covers an extensive list of expenses, including travel and residence abroad. One article looks at why it can cost so much to attain an MBA. 2 MBA holders discuss the return on investment of their degrees. Other articles focus on employer-pay programs, EMBA programs, and the value of the MBA in the government sector. There is an interview with Richard Ivey School of Business dean Carol Stephenson, and features on the Alberta School of Business's brand and standing in rankings.

Women outnumber men globally in university enrolment, graduation rates

According to UNESCO's 2009 Global Education digest, the number of female students in post-secondary education rose six-fold between 1970 and 2007, while enrolment among males quadrupled during the same period. With regard to graduation, women outnumber men in 75 of the 98 nations. Since PSE enrolment ratios of men and women reached parity in 2003, the average global participation of females has been surpassing that of males. In 1970, the male-to-female enrolment ratio was 1.6, while in 2007 the female-to-male ratio became 1.08. Men continue to outnumber women in the fields of engineering, manufacturing, and construction in all countries for which figures were available. University World News

University Affairs blog picks up online publishing award

Margin Notes," a University Affairs blog written by deputy editor Léo Charbonneau, won the best blog award in the Blue division (business-to-business, professional association, farm, and scholarly websites) at the first-ever Canadian Online Publishing Awards on Monday. University Affairs, published by the Association of Universities and Colleges of Canada, was a finalist in 3 award categories: overall best magazine website, overall best design, and best blog. University Affairs' "Career Sense" blog was also nominated. Canadian Online Publishing Awards | Margin Notes