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Rotman School Innovates With One-Year MBA for Executives

TORONTO, February 11, 2002 -- With a track record as a pioneer in executive education, the University of Toronto's Joseph L. Rotman School of Management once again breaks away from the rest of the field with an innovative evolution.

The new Rotman One Year MBA for Executives begins with the first class in August 2002. No other leading business school currently offers an MBA for Executives that enables participants to graduate in a 13-month time period while holding a full-time job. The program, which builds on the Rotman School's success in the teaching of leadership, combines an elite group of students with a faculty that combines the best of the business and academic worlds.

The program will be officially launched during a Rotman School Leadership Forum on Wednesday, February 13 from 7:30 to 9:30 am. The forum will be held at the Design Exchange, 234 Bay Street, Toronto. Rotman Professor of Strategic Management David Beatty, a former president of Weston Foods and current director of Bank of Montreal, will share some key leadership skills using his unique approach of examining real companies in real time.

"Organizations always need new leaders. No matter what our age, none of us has experienced the highly charged climate we now compete in. While companies claim they want more and better leaders, few have programs in place to develop the leaders they want in a timely and efficient manner," says Jim Fisher, Associate Dean, Rotman Executive Programs, and Professor of Strategic Management.

With its new streamlined and compact design, the Rotman One Year MBA for Executives will replace the current 20-month program. By eliminating a four-month summer break between school years and by adding two one-week residential modules, executives will receive their MBA degrees faster in a program that surpasses the high standards of the University of Toronto.

"This program is clearly aimed at high-achieving experienced candidates. Our admission standards are among the toughest in Canada and with our strict selection process we ensure that our classes are a stimulating learning environment in which students can cross-pollinate ideas with others as talented as they are," says Beatrix Dart, Director, Executive MBA Programs.

In a recent ranking of Canadian Executive MBA programs, Rotman was recently ranked number one in the number of students at the vice-presidential level or higher and number one in salaries and promotions received after graduation, according to Canadian Business, November 2001.

Rotman graduates of the program include:

  • Simon Cooper, MBA'88, President & Chief Operating Officer, Ritz-Carlton Hotel Co., Atlanta;
  • Solbyung (Stella) Yoon Coveley, MBA'99, Founder, President & CEO, cStar Technologies;
  • Roberta Hague, MBA'99, Vice President, Personal Loans, ScotiaBank;
  • Joseph Mapa, MBA'00, President & CEO, Mount Sinai Hospital.
"Few business schools are able to teach leadership because it sits outside of their framework but the Rotman School is one of the few elite business schools on the international scene that is highly specific in the development of leaders," says Roger Martin, Rotman Dean and Professor of Strategic Management. "We believe leadership, as a discipline, must be fostered within each of the traditional disciplines taught at the top business schools. Leaders are "big picture" people who have a vision and know not only how to communicate it but also how to build the team that can get them there."

In the most recent Business Week rankings of EMBA programs from around the world (October 2001), Rotman was in the top ten for the teaching of leadership.

Over the past three years Dean Roger Martin has built an executive education team that fosters the teaching of leadership. The team includes:

Jim Fisher, Associate Dean, Executive Education and Professor of Strategic Management, (former president of William Neilson Limited, George Weston North American Bakeries; current director of Canadian Tire, founder; The Canada Consulting Group);

Beatrix Dart, PhD, Director, Executive MBA Programs (former McKinsey & Co. consultant);

David Beatty, Professor of Strategic Management, (former president Weston Foods, current director of Bank of Montreal, and numerous other directorships, vice-chair, Peter F. Drucker Foundation);

Gary Latham, Secretary of State Professor of Organizational Effectiveness, fellow of both the American and Canadian Psychological Associations, consults widely in industry and also teaches executive programs in Australia and Europe;

Roger Martin, Dean and Professor of Strategic Management, (former director, The Monitor Company, current director of Thomson Corporation, Celestica Inc., Ontario SuperBuild Corporation, and the Canadian Film Centre, trustee, The Hospital for Sick Children, chair of the Ontario Task Force on Competitiveness, Productivity and Economic Progress).

For more information on the new Rotman One Year MBA Program for Executives, please visit our web site at www.rotmanemba.ca, effective February 13, 2002.

The University of Toronto's Joseph L. Rotman School of Management offers leading-edge research and degree programs, including the prestigious Rotman MBA, the newly redesigned Part-Time MBA, the One Year MBA for Executives, a first-rate Doctoral Program, the distinctive Master of Management & Professional Accounting program, the undergraduate Commerce program in partnership with the Faculty of Arts and Science, combined programs with the University of Toronto faculties of Law, Engineering and Nursing, and an innovative series of Executive Programs tailored to the current needs of businesses and individual managers.

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For further information, please contact:

Ken McGuffin
Manager, Media Relations
Rotman School of Management
Voice: (416) 946-3818
E-mail: mcguffin@rotman.utoronto.ca


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