Richard Ivey School of Business

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The Richard Ivey School of Business

Image:Ivey.jpg
Established 1922
Location London, ON, Canada
Website www.ivey.uwo.ca

The Richard Ivey School of Business, also known as Ivey, is the undergraduate and graduate business school at the University of Western Ontario. Located in London, Ontario, Canada, it was first established as the Department of Commercial Economics in 1922. By 1950 it had become a separate faculty at the university, and in 1995 was renamed the Richard Ivey School of Business in honour of businessman and philanthropist Richard G. Ivey.

The Ivey School grants bachelor's, master's, and doctoral degrees in business administration. A leader in the case method approach to management learning (similar to the Socratic method), it is the world's second largest producer of business cases behind Harvard Business School. Carol Stephenson, former CEO of Lucent Technologies Canada, was appointed dean of the school in 2003.

Ivey also maintains two Executive MBA and executive education facilities: the Ivey Toronto Campus located in the Exchange Tower at 130 King Street West, and Spencer Conference Centre, a retreat located in London. Ivey was the first North American business school to establish a campus in Asia. Called the Cheng Yu Tung Management Institute and located in the Hong Kong Convention and Exhibition Centre, the Institute was opened in 1998 by former dean Lawrence G. Tapp and Ivey alumnus Dr. Henry K.S. Cheng, managing director of New World Development Co. Ltd. The Institute offers a top rated Executive MBA. It is the world leader in the production of Asian business cases.

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[edit] MBA Program

Ivey was the top-ranked Canadian business school by The Wall Street Journal in the 4th Annual Wall Street Journal MBA survey (September 2004). In 2005, Ivey unveiled a new approach to business education called Cross-Enterprise Leadership. As part of this initiative, the traditional two-year (16 months) MBA program was replaced with a one-year (12 months) program, in line with other top international business schools such as INSEAD and IMD. The first class in this new program started classes in May 2006.

In BusinessWeek's biannual ranking of MBA programs, Ivey was ranked #2 in the International ranking up from #6 in 2004. According to BusinessWeek, Ivey’s jump in the ranking is credited to the School’s #1 place in the poll of Corporate Recruiters, who praised Ivey grads for their ability to “quickly adapt to the workplace with little additional training."

Ivey's MBA program offers specialization in Finance, Entrepreneurship, and the Health Sector (specifically Biotech).

[edit] HBA Program

The Ivey HBA (Honors Bachelor of Arts) in Business Administration is one of the most respected undergraduate business programs in Canada, with more than 20% of graduates finding jobs in competitive sectors such as management consulting and investment banking. According to Career Management's 2005 HBA Placement Statistics, the average starting salary (total compensation) of undergraduates in permanent placements was $57,122. Of the students who responded to the survey (92% of the graduating class of 2005) the highest salary was $85,000.

The HBA program follows a "2+2" structure, whereby students take a general program of studies in their first two years and focus exclusively on business courses in their third and fourth years. This approach allows students to bring a diverse array of skills, experiences, and undergraduate backgrounds into the classroom. The first year of the HBA program, dubbed "HBA1", prescribes an intense curriculum of common courses for all students, covering the fundamentals of finance, accounting, marketing, operations, strategy, and organizational behaviour. The second year of the HBA program, "HBA2", is a mix of both core courses and electives, allowing students to focus on a particular area of business or maintain a broad program of management studies. The current HBA program director is Mark Vandenbosch.

The HBA program is popular among students who attend the University of Western Ontario due to its flexibility with concurrent degree options. Students pursuing concurrent degrees also add to the diversity of skills and experiences in the program.

  • HBA / BESc. - Engineering & Business
  • HBA / BHSc. - Health Sciences & Business
  • HBA / BAHK - Kinesiology & Business
  • HBA / BA MIT - Media, Information and Technoculture & Business
  • HBA / BMSc. - Medical Sciences & Business
  • HBA / BSc. (Hon) - Honors Science Specialization & Business
  • HBA / LLB - Law & Business

[edit] Current and Past Faculty Members

  • Murray Bryant, Managerial Accounting and Control
  • John Haywood-Farmer, Operations Management
  • Mary Heisz, Managerial Accounting and Control
  • Darroch (Rick) Robertson, Finance/Managerial Accounting and Control
  • Denis Shackel, Management Communications
  • Carol Stephenson, Dean of the Faculty, former Lucent Canada CEO
  • Jeffrey Gandz, Professor (Global Environment of Business), Managing Director, Program Design, Executive Development

[edit] Prominent Alumni

[edit] External links

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