Stephen J.R. Smith School of Business

The Stephen J.R. Smith School of Business or the Smith School of Business (formerly the Queen's School of Business) is one of Canada's most prestigious business schools located at Queen's University in Kingston, Ontario, Canada. The school offers undergraduate and graduate programs as a part of Queen's University, but is managed separately with its own dean and budget. The school of business became its own faculty in 1963 with its first dean, Lawrence MacPherson. The current dean at the Smith School of Business is Dr. David Saunders.

On October 1, 2015, the Queen's School of Business was renamed The Stephen J.R. Smith School of Business in recognition of a $50-million donation from Stephen J.R. Smith. The donation is the largest gift ever made to a Canadian business school. ^[2] This donation nearly doubled the school's already significant endowment from $54 million to $104 million. As of 2015, this will result in Smith being an extremely close second in total endowment amongst all Canadian Business Schools, next to only the Rotman School of Management. Two thirds of the donation will be channelled towards attracting world class professors and faculty, while the remaining third will form a pool of scholarships and bursaries designed to attract the top students from around the world.

The school is fully accredited by the AACSB (United States) and the EFMD (EQUIS) (Europe).

Naming

On October 1, 2015, the Queen's School of Business was renamed The Stephen J.R. Smith School of Business in recognition of a $50-million donation from Stephen J.R Smith. Smith, a graduate of the Queen's University's Faculty of Engineering.

Programs

Undergraduate

The Queen's Commerce program is one of North America's leading undergraduate business programs. ^[3] The Queen's Bachelor of Commerce is consistently regarded as the most prestigious undergraduate business degree in Canada.

The program offers students a multitude of extracurricular options to develop their skills in the fields of Consulting, Accounting, Marketing and Finance. These include student-run security portfolios, consulting firms, and dozens of conferences.

The Queen's Commerce undergraduate business program also provides its students with an international exchange option for their third year of study. The Smith School of Business is partnered with over 95 prestigious business schools in over 35 countries such as Bocconi University in Italy and HEC Paris in France, and the majority of students participate in the exchange.

Queen's allows students to pursue an Arts and Science degree concurrently with their Bachelor degree Commerce to graduate with two degrees in their four years.

Graduate

Full-time MBA

The Queen's Full-Time MBA program (previously Queen's MBA for Science and Technology) was ranked as the number one full-time MBA program in Canada and number one outside of the U.S. by bi-annual ranking of Business Week in 2004, 2006, and 2008.^[4] Environics ranked the Queen's Full-time MBA program number one in Canada in 2006 in their Report on Executive Education in Canada.^[5] In the 2012 QS Global 200 Business Schools Report^[6] the school was indexed as the 3rd best business school in Canada and the 16th best business school in North America.^[7]

Executive MBA

The Queen's Executive MBA program has been ranked as the best program in Canada for Executive MBAs by BusinessWeek^[8] and Environics.^[5] The program is 16 months in length and the admission decision is dependent on the applicants management experience, references, previous academic experience, QMAT (or GMAT) scores and a personal interview. The average Queen's Executive MBA student has an age of 35 years, but may be up to 50 years old, and boasts a minimum of 13 years working experience.^[9]

Queen's Master of Management Analytics

The Queen’s Master of Management Analytics program provides the knowledge and skills to develop, direct, and deliver projects in analytics that add value to an organization. The field of management analytics is growing because companies need people who can organize, analyze, and create value from data. A recent study by McKinsey suggests that demand for deep analytical talent in North America will outstrip supply by 50% in 2018. Queen’s Master of Management Analytics provides the knowledge, skills and tools required in this area of high demand.

Queen's Master of Finance

The Queen's Full-Time Master of Finance program provides a deeper and broader understanding of Finance and prepare with the knowledge and tools to move immediately from theory to real-world applications. The Financial Times has called a Master's degree in Finance the must-have degree for people pursuing a career in Investment Banking or Asset Management.^[10]

Location

Almost all business classes are held in Goodes Hall, which sits at the northwest corner of Queen's University campus. The building is named in honour of the family of Mel Goodes, a Commerce ‘57 alumnus and former Chairman & CEO of Warner–Lambert Worldwide.

September 2012 marked the completion of a significant expansion of Goodes Hall, increasing the size of the facility by 75,000 ft² to a total of 188,000 ft². The expansion includes several new state-of-the-art classrooms and student breakout rooms, as well as 51 additional faculty offices and many enhanced features for students.

The Smith School of Business opened its first foreign campus in Dubai, United Arab Emirates, at the DIFC on May 25, 2007. Classes started in October 2007. The campus mainly hosts Queen's executive development programs.^[11]

Rankings

The Stephen J.R. Smith School of Business has received significant recognition in the past years. The school was also found to have the most number of graduates employed as Chief Executive Officers (or equivalent) in a Fortune Global 500, out of any university in Canada, and 38th globally.^[12]

2012 Bloomberg Businessweek: Full-Time MBA International Ranking placed 4th outside of the US^[13]

2014 Canadian Business magazine placed 1st in Canada Overall^[14]

2015 Canadian Business magazine placed 2nd in Canada Overall ^[15]

2015 Bloomberg Business Week placed 2nd in Canada Overall^[16]

Financial Times Rankings:

2016 Global MBA Ranking placed 1st in Canada for Salary Increase ^[17]

2016 Global MBA Ranking placed 1st in Canada for Value for Money ^[18]

2015 Global MBA Ranking placed 86th in the world^[19]

2014 EMBA Cornell University: Johnson/Queen's Smith School of Business ranked 47th^[20]

Notable alumni

• Elon Musk, CEO, Tesla Motors (did not graduate)^[21]
• Kimbal Musk, entrepreneur and venture capitalist.
• Gordon Nixon, Former President, CEO, and Director, Royal Bank of Canada^[22]
• John Stackhouse, Editor-in-Chief, The Globe and Mail^[23]
• Bruce Sellery, business journalist and television presenter
• Donald J. Carty, chairman, Virgin America, Porter Airlines and eRewards
• Melvin Goodes, CEO and philanthropist
• Michael MacMillan, CEO, Blue Ant Media
• Earle McLaughlin, banker and former Chairman, Royal Bank of Canada
• Nik Nanos, Public opinion specialist and founder of Nanos Research
• Douglas Peters, economist and Member of Parliament
• David Radler, President, Ravelston Corporation
• Mark Wiseman, CEO, CPP Investment Board
• Chris Viehbacher, former CEO of Sanofi and Chairman of Genzyme

References

External links

• Smith School of Business Website

Coordinates: 44°13′41″N 76°29′51″W / 44.22792°N 76.49746°W / 44.22792; -76.49746