N I N E T Y Y E A R S O F E X C E L L E N C E

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Ninety years ago, in June 1924, the first Bachelor of Commerce degrees were awarded at the University of Toronto.

I am exceptionally proud to present this year’s annual report, which in many ways recognizes the rich history that laid the

foundation for our success today. From its inception in 1920, the commerce program was designed to provide students

with a broad education that incorporated studies in business and economics into a rich liberal arts undergraduate

experience. In the words of C.A. Ashley, one of the program’s early directors, the goal was “not to prepare [students] so

that they will rapidly command good positions and high salaries in an expanding business world; it is to train [students] in

the use of the faculties, to give them a sound knowledge of economic theory in the widest sense, and to turn out graduates

who can expect to apply themselves with success to the task of learning a business quickly, of becoming good citizens,

and of living a full life.”

Over the last ninety years, Rotman Commerce has more than accomplished its mission. Our 13,000-plus graduates have

shaped the world around them in innumerable ways; our alumni have gone on to build lives that reflect the breadth of

interest and talent that has always characterized our student body. We find among them prominent bankers, politicians,

accountants, ambassadors, physicians, actors, musicians, lawyers, entrepreneurs, professors, journalists, teachers,

soldiers, priests, and philanthropists, among many others.

Our current program upholds the vision set by its founders – to give Rotman Commerce students an education that will equip

them to succeed both in the important work of business and in life more generally. In 2013-14, we refined our admissions

process to further ensure that the students we admit are ready to make the most of the wide array of opportunities we

offer. At the same time, we strengthened these offerings through enhancement of our programming in areas spanning

international study, community building, professional skills development, financial modeling, career training, mentorship,

communication skills development, entrepreneurship, and student leadership. We continue to provide what is arguably

the most academically rigorous curriculum of any Canadian undergraduate business program, one that is rooted in

the fundamentals of commerce and economics but that also attends to the emergence of new trends in business and

student interest.

As I look back over our history, I am confident that the Rotman Commerce of today is one that our forebears would be

proud of. Embracing more diversity than could have been foreseeable in the 1920s, we have built a strong, ambitious, and

principled community of students, alumni, faculty, and staff. I hope you enjoy reading about what we have accomplished

together over the past year.

With very best wishes,

Professor Kenneth S. Corts

Director, Rotman Commerce

Associate Dean, Undergraduate Education, Rotman School of Management

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F R O M O U R D I R E C T O R

Kenneth S. Corts

RECRUITMENT& ADMISSIONS

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As one of Canada’s top undergraduate business programs, we are fortunate to be able to select our students from an

applicant pool that includes some of the world’s best. While excellent academic achievement is always an important

aspect in our admissions, in recent years we have begun to put more weight on selecting applicants who have a high

potential to thrive in all aspects of our program. Traditionally, our admissions team relied almost solely on grades to

determine admission; four years ago, however, we introduced a supplemental essay that was used, in addition to a student’s transcript,

to help determine suitability for our program. This year, applicants to our 2014-15 session were asked to submit a video “essay” in

response to one of three pre-determined questions. These submissions were then carefully assessed by our admissions staff and a

select group of recent graduates. The process was designed to help us get a better sense of each applicant’s interests, abilities, and

aspirations. We are hopeful that adding this new level of engagement with our applicants will allow us to better select students who will

take advantage of the many leadership and professional development opportunities that are key parts of our program.

In addition to the new video tool, we also revamped our recruiting materials to showcase the developments we have made at Rotman

Commerce over the past three years, including our robust student leadership programs, intensive industry training opportunities, new

scholarships, and increased faculty involvement. The viewbook’s new theme, The Business of Possible, was chosen to reflect Rotman

Commerce’s excellence in offering literally hundreds of leadership, social, career, and academic possibilities. We look forward to

reporting on the results of these efforts in next year’s annual report.

SIZE OF INCOMING FIRST-YEAR CLASS

705

NUMBER OF APPLICANTS TO THE PROGRAM

6,533

NUMBER OF NATIONALITIES REPRESENTED IN FIRST-YEAR CLASS

MEAN ADMISSION AVERAGE OF ONTARIO STUDENTS

91.6%3

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PERCENTAGE OF INTERNATIONAL STUDENTS IN FIRST-YEAR CLASS

32%

PERCENTAGE OF WOMEN IN FIRST-YEAR CLASS

57%

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Rotman Commerce is well known for our rigorous academic curriculum – one that is guided by our goal of educating

students to become both innovative leaders and engaged participants in their communities. Our program consists of

advanced study in both management and the liberal arts and sciences, reflecting our long-held commitment to ensuring

that Rotman Commerce students gain expertise in the fundamentals of business and management as well as the contexts

in which this knowledge is deployed. In truth, the context of business is ever-shifting; to ensure that our curriculum keeps pace, every

year we offer a certain number of “special topics” courses that deal with aspects of business education that have not yet become part

of our core offerings. This year, for example, we introduced RSM410: Private Equity and Finance, taught by Rotman Finance and

Business Economics Professor, Alexander Dyck. Professor Dyck’s course joins Professor Becky Reuber’s RSM 493: Entrepreneurship

as part of a growing set of courses on innovation and entrepreneurship in our curriculum.

Teamwork and communication skills continue to be an important part of our curriculum as we work to ensure that Rotman Commerce

students have the personal and professional skills to complement the academic expertise they develop in our program. Many of our

core courses have incorporated these skills into the course requirements, ensuring that all students gain an understanding of their

importance to a well-rounded business education.

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OUR CURRICULUM

OUR CURRICULUM

TOTAL NUMBER OF COURSE SECTIONS OFFERED

259

NUMBER OF UNIQUE COURSES OFFERED SUMMER 2013 – WINTER 2014

88

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We are fortunate to have an incredibly internationally diverse student body. Nearly 33% of our students come from

countries other than Canada; in 2013-14, 57 different nations were represented in our total student population – a

testament to our program’s strong international reputation.

Recognizing that business today extends far beyond regional and national borders, we are also keen to help students gain international

experience while studying with us. For the past two years, we have delivered an optional international study module in one of our

fourth-year classes, RSM491: Globalization and Capital Markets, in which students travel to Turkey over the February reading break to

meet with Turkish firms that represent first-hand, real-world examples of the types of cases studied in the course itself.

Many of our students also take advantage of our international exchange and study abroad programs. Rotman Commerce students

participated in semester or year-long exchanges at our accredited partner universities in several countries, including Australia, China,

France, Korea, Singapore, and the United Kingdom. Other students wishing to gain international experience participated in UofT’s

Summer Abroad programs, where they were able to complete courses for credit overseas.

INTERNATIONAL STUDY

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NUMBER OF VISITING EXCHANGE STUDENTS AT ROTMAN COMMERCE

44NUMBER OF ROTMAN COMMERCE STUDENTS WHO PARTICIPATED IN AN INTERNATIONAL EXCHANGE

54

160NUMBER OF ROTMAN COMMERCE STUDENTS PARTICIPATING IN SUMMER ABROAD 2013

B Y T H E N U M B E R S

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I n the classroom, Rotman Commerce students learn from skilled teachers and brilliant researchers drawn from the Rotman

School of Management and UofT’s Department of Economics. Over two-thirds of the RSM courses offered in Fall/Winter

2013-14 were taught by full-time faculty, ensuring that our students have access to many of the same professors who teach in

Rotman’s acclaimed MBA program.

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Scott HawkinS

Associate Professor of MarketingRotman School of Management

OUR FACULTY

“Teaching Rotman Commerce students makes it easy to stay inspired and keep course material fresh. Every year, and without prompting, students send me great examples of data and articles to include on topics ranging from work hours and longevity to Olympic performance and a nation’s wealth. Course evaluations often praise my enthusiasm, but it is easy to be enthusiastic when working with great students.”

Jennifer Murdock

Senior Lecturer, Department of EconomicsRecipient, 2014 Faculty of Arts & Science Outstanding Teaching Award

Scott HawkinS

Associate Professor of MarketingRotman School of Management

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Part of our mission in preparing students for their success in the future is to help them gain hands-on experience in

applying the knowledge they learn in class to real-world situations. Several of our classes in 2013-14 partnered with local

corporations and organizations to underscore the links between the course material and its application. In Jan Klakurka’s

RSM495: Management Consulting, for example, students learned through a mix of lecture and case study that culminated

in an actual consulting project. The project engaged nine external organizations, including Purolator and BMO, which provided real

business problems for student consultants to work on. Students analyzed and presented their solutions to senior leadership teams

from each of the partner organizations. The students performed extremely well, garnering rave reviews, and impressing the corporate

representatives with their knowledge, enthusiasm, energy, and professionalism.

In keeping with the commerce program’s long tradition of community engagement, we also encourage students to contribute to and

learn from their local communities through a number of outreach initiatives. Our First-Year Learning Communities (FLCs) incorporate

a service-learning module, in which student groups partner with a local homeless aid program to provide needed volunteer assistance

while learning about issues related to homelessness in the Toronto region. They also participate in a case competition that requires

delving into the funding, organizational, and client issues that the aid program faces in delivering their services.

Rotman Commerce students also get involved in a number of experiential learning opportunities facilitated by our student life program

staff. This spring, Rotman Commerce students volunteered with the CRA Tax Volunteer Program to help eligible taxpayers in Toronto’s

Jane-Finch and Agincourt communities prepare their returns. Our Initiative Consulting Program offers an opportunity for students

to gain consulting experience with a real client. Mentored by professional consultants drawn from our alumni community, students

work in groups to provide consulting services to non-profit community partners that might not otherwise be able to afford professional

accounting..

Additionally, we run a Financial Literacy Volunteer Program in which student volunteers co-facilitate workshops on financial literacy to

low-income individuals. Programs such as these allow our students to apply their business skills to help agencies and individuals in

the broader community that can benefit from them.

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Jan Klakurka teaches RSM 495: Management Consulting, in which students participate in an actual consulting project for external organizations.

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NUMBER OF STUDENTS PARTICIPATING IN ROTMAN COMMERCE FIRST-YEAR LEARNING COMMUNITIES

275NUMBER OF WORKSHOPS DELIVERED TO COMMUNITY PARTNERS THROUGH OUR FINANCIAL LITERACY PROGRAM

22 11

EXPERIENTIAL LEARNING & COMMUNITY ENGAGEMENT

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NUMBER OF STUDENTS INVOLVED IN OUR INITIATIVE CONSULTING PROGRAM

13

NUMBER OF VOLUNTEER HOURS DONATED THROUGH OUR CRA TAX VOLUNTEERS PROGRAM

261

The many scholarships endowed by our generous

donors help ensure that qualified students, regardless

of their financial situation, are able to gain access

to a top-notch business education. Last year, 195

incoming Rotman Commerce students received an entrance

award from the University to offset the cost of their education.

In addition, twenty-eight commerce-specific scholarships were

awarded to in-program students in recognition of outstanding

academic and community contributions to the program.

In 2013-14, we received two new generous four-year scholarship

endowments from Commerce alumni. The program was honoured

with a $275,000 gift from two married Los Angeles-based

Bachelor of Commerce graduates who met on their first day of

classes at the University of Toronto. Their gift establishes the Peter

P. Copses and Judith V. Mueller 1980 Commerce Scholarship, a

$10,000 award to be disbursed annually to a Rotman Commerce

student exhibiting strong leadership and academic potential, and

who values the opportunities presented by the free enterprise

system. Strong adherents to libertarian economic thought who

attribute their own successes to that world view, Mr. Copses and

Ms. Mueller created the scholarship to reward promising students

who are also committed to the idea that societies are better off 12

SCHOLARSHIPS & DONORS

“We achieved financial success primarily through hard work and a strong educational foundation. The Bachelor of Commerce degrees we earned served us extremely well, and we thought the best way to show our appreciation to the University of Toronto was to endow a scholarship to help future generations of students who are just like we were almost forty years ago: young Canadians looking to acquire the skills to be successful in the business world.”

— Peter Copses and Judy Mueller

David Scrymgeour, BCom ‘79, with Siobhan Scott, winner of the 2013 Scrymgeour Scholarship in Entrepreneurial Management.

Peter Copses and Judy Mueller, both Class of 1980, endowed the Peter P. Copses and Judith V. Mueller 1980 Commerce Scholarship.

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SCHOLARSHIPS & DONORS

NUMBER OF COMMERCE-DESIGNATED ENTRANCE SCHOLARSHIPS AVAILABLE

4NUMBER OF IN-PROGRAM SCHOLARSHIPS AVAILABLE SPECIFICALLY FOR ROTMAN COMMERCE STUDENTS

28

195NUMBER OF INCOMING FIRST-YEAR ROTMAN COMMERCE STUDENTS WHO RECEIVED ENTRANCE AWARDS

B Y T H E N U M B E R S

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when every individual is free to exploit their potential and maximize their own wealth. The scholarship will be awarded for the first

time in Fall 2015.

The Scrymgeour Scholarship in Entrepreneurial Management, endowed by David Scrymgeour (BCom’79) with gifts totalling

$600,000 was disbursed for the first time this year to incoming student Siobhan Scott. Awarded to Ontario students intending to

study management and who are committed to contributing to the economic vitality of their local community, the award—renewable

for four years—is given to one entering student each year who is selected on the basis of an application and interview.

Mr. Scrymgeour was also behind a watershed $1.5 million donation to establish the Building Canadian Leaders Matching Scholarship

Fund. The goal of the fund is to inspire other individual, corporate, and foundation donors to support outstanding domestic current

or potential Rotman Commerce students who demonstrate strong leadership potential. Thanks to this groundbreaking contribution,

new donors will be able to immediately double the impact of their support through a dollar-for-dollar match in capital that will be

available to support new annual scholarships for Rotman Commerce students. Due to the generosity of Robert D. (BCom ’66)

and Joan McKeracher, the first donation to take advantage of the match will be the Donald S. McKeracher Scholarship in Rotman

Commerce, which with the match boasts an endowment of $300,000 to help our program attract the most dynamic, bright, and

ambitious candidates.

While academic instruction is our raison d’être, our program is also renowned for the depth and scope of the student

life activities we offer. Our ten program-supported student groups hold dozens of events each year, including case

competitions, conferences, networking events, symposia, and socials. Each group focuses on a particular career

path (accounting, finance, consulting, marketing, and law) or other interest (community engagement, women in

business, public speaking, and LGBTQ visibility). Among this year’s main student group events were the:

• Rotman Commerce Women in Business’ Leadership Symposium;

• Rotman Commerce Beyond Business’ Corporate Social Responsibility Conference;

• Rotman Commerce Consulting Association’s Alumni Panel;

• Rotman Commerce Students’ Association Gala;

• Rotman Commerce Law Association’s The Advocate Case Competition;

• Rotman Commerce Marketing Association’s Marketing Summit;

• Rotman Commerce Pride Alliance’s DiverCity Case Competition;

• Rotman Commerce Finance Association’s Mergers and Acquisitions Competition.

The Rotman Commerce Accounting Society – our oldest student group – held their annual CGA Case Competition, and published two

issues of their magazine, InSight, while Rotman Commerce Toastmasters held several public speaking workshops and competitions

throughout the year. We are grateful to the dozens of alumni who contributed their time and expertise to our student groups as guest

speakers and panellists, including Mark Bonham (BCom ’82), Richard Clark (BCom ’82), Rick Goldsmith (BCom ’78), Jim Hong

(BCom ’96), Brian Pukier (BCom ’89), Martha Tory (BCom ’76), and Michael Yhip (BCom ’99).

In addition, our student life staff organize a variety of programs and events that complement students’ classroom curriculum, build

community, and encourage students to get involved in their local and UofT communities. This year, with the help of dedicated

alumni mentors and faculty, we introduced a number of new student life initiatives, such as the Portfolio Management Group (PMG),

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STUDENT LIFE

which helps students interested in portfolio management develop skills relevant to their career interests. As in previous years, our

conferences and competitions subsidy helped fund students to participate in professional learning opportunities held outside of UofT,

while our Competitions Teams – coached by several dedicated faculty – represented Rotman Commerce at a number of national

interuniversity events.

Our student life team also ensures that students have access to vital training opportunities to help them hone the technical skills in

Excel, financial modeling, valuation analysis, and merger models that they require in both the classroom and the job market. These

sessions build on other professional skills programming that we offer, such as our annual Y1 and Y2 conferences, which provide

first- and second-year students with valuable hands-on skills development opportunities to help them succeed in the critical first two

years of university.

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STUDENT LIFE

NUMBER OF TECHNICAL TRAINING OPPORTUNITIES AVAILABLE TO STUDENTS

NUMBER OF STUDENTS AWARDED A CONFERENCE OR COMPETITION SUBSIDY

99

NUMBER OF STUDENTS PARTICIPATING IN Y1 AND Y2 CONFERENCES

367

NUMBER OF OFFICIAL ROTMAN COMMERCE STUDENT ORGANIZATIONS

NUMBER OF STUDENT EVENTS ORGANIZED BY ROTMAN COMMERCE STUDENT ORGANIZATIONS

87

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10

321

NUMBER OF STUDENTS SERVING IN EXECUTIVE POSITIONS IN ROTMAN COMMERCE STUDENT ORGANIZATIONS

80

“I gained a lot by studying at Rotman Commerce. My peers inspired and motivated me to better myself constantly. The education I received helped me become an analytical thinker and effective communicator and prepared me for the work I do today. And through the Career Centre, I got the opportunity to spend two summers interning at Fortune 500 companies before eventually joining one of them full-time.”

Marina MilenkovicBCom ’14

Specialist in ManagementFounding Team Member and Past Hub President, Social Spark

Project Manager, Coca-Cola Refreshments

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OUR STUDENTS

“Rotman Commerce gave me the opportunity to be an active participant in leadership and extra-curricular activities, where I gained practical experience in team-based environments both within and outside of Rotman Commerce. I met individuals who shared my passions for the environment, diversity and inclusion, and community involvement, and who helped make my university journey memorable.”

kwan Ho Fok BCom ’14

Specialist in AccountingPast President, University of Toronto Environmental Resource Network

Staff Accountant, Deloitte

vincent Ho BCom ’15

Specialist in AccountingPast President Rotman Commerce Pride Alliance

Marina MilenkovicBCom ’14

Specialist in ManagementFounding Team Member and Past Hub President, Social Spark

Project Manager, Coca-Cola Refreshments

“I truly believe that the people here at UofT are what set it apart from other universities. The student population is incredibly diverse and I learn so much from interacting with my fellow classmates. The academic reputation of the university draws extremely intelligent students from around the world to attend and also allows the university to attract faculty who are renowned in their field.”

“Going into my fourth year in Rotman Commerce, I can confidently say that the program and community have helped me achieve my highest potential across the board in technical, professional, and personal aspects. Being at Rotman Commerce at the University of Toronto, I benefit from a world-class university that attracts the best professors who have a richness of industry knowledge and experience.”

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vincent Ho BCom ’15

Specialist in AccountingPast President Rotman Commerce Pride Alliance

catHerine ruyun Qian

BCom ’15Specialist in Finance and Economics

Recipient, HSBC Women in Business Leadership Award

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CAREER SERVICES

In addition to the University of Toronto’s central career centre, Rotman Commerce students benefit from our program’s business-

focused career services. The Rotman Commerce Career Centre has five full-time staff dedicated to helping our students find

internships and full-time jobs in their fields. As part of our activities, we offer a number of career preparation services, such as

resumé workshops, mock interviews, one-on-one career coaching, access to professional case interview preparation software,

employer site visits, networking events, and a number of industry-specific training programs, such as the Management Consulting

Alumni Program (MCAP), Simplify the Street, Consumer Packaged Goods (CPG) and Marketing Club, and Accounting Bootcamp.

These programs complement the rigorous academic education we offer to prepare students for on-campus recruitment activities, job

and internship interviews, and ultimately, their chosen careers.

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NUMBER OF ONE-ON-ONE CAREER COACHING APPOINTMENTS DELIVERED

821

NUMBER OF CORPORATE PARTNER INFORMATION SESSIONS FACILITATED BY THE ROTMAN COMMERCE CAREER CENTRE

69

NUMBER OF INDUSTRY-SPECIFIC ROUNDTABLE DISCUSSION SESSIONS OFFERED

51

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Our corporate associates are essential partners in our career services offerings. We currently have 250 corporations

and institutions that collaborate with us in helping Rotman Commerce students succeed in their careers. Every year

we work with a number of companies to deliver specialized training opportunities that benefit our students while also

helping firms find qualified and job-ready candidates for their entry-level and management-stream positions. Among the

companies with whom we worked closely with this year were TELUS, who partnered with us to create the TELUS LGBTQ Mentorship

Program, and P&G, with whom we hosted a sales pitch simulation session for our management students. We are extremely grateful to

all of our corporate partners for the vital enthusiasm and support that they bring to our students.

A.T. Kearney Ltd.

Acasta Capital

Accenture

Agree Property Management Ltd.

AIM Group Canada Ltd.

AimCo

Alignvest Capital Management

Altus Group Ltd.

Amazon

AMD

Apple

AquaMobile Inc.

Aritzia

Arlene Dickinson Enterprises

Asian Institute, University of Toronto

AssetGrow Capital International

Aurigen Reinsurance Company

AZURE Magazine

B2B Trust

Bain & Company Canada, Inc.

Bank of America Merrill Lynch

Bank of Canada

Barry Blostein Executive Search

Bay Street HR

BDO Canada LLP

Belairdirect

Bell Canada

Bench Accounting

Best New Product Awards Inc.

BlackRock

Blair Franklin Capital Partners Inc

Bloomberg L.P.

BMO Capital Markets

BMO Financial Group

Boston Consulting Group

Brookfield Renewable Energy Group

Brookfield RPS

Buytopia

CAA

Canaccord Genuity Corp.

Canadian Apartment Properties Real Estate

Investment Trust

Canadian Centre for Responsibility to

Protect (CCR2P)

Canadian Institute of Diversity and Inclusion

Canadian Marketing Association

Canadian Security Intelligence Service

Canadian Tire Corporation

Capgemini Canada Inc.

Capital One Canada

CapitalWest Partners

Career Connections

Caseware

Celestica

Centre for Social Innovation

CentreCourt Developments

Certified General Accountants of Ontario

Chippingham Financial Group

CIBC

Citigroup

Citrix SAAS Division

Coca-Cola Enterprises, Inc.

Coerente Capital Management Inc.

Colliers International

Corporate Consultants

CPG Connect

CPP Investment Board

Crawford Connect

Crescent Park Capital Partners

Crowe Soberman LLP

Cumberland Private Wealth Management

DBRS

Deloitte

Direct Media Technologies

DraftFCB

Dundee Realty Management Corporation

DundeeWealth

Easton’s Group of Hotels

Edgecrest Capital Corporation

Energizer Canada

Entuitive

Equitable Group Inc.

Ernst & Young

Evisors

Export Development Canada

Far & Wide

FIRMA

Flynn Canada Ltd.

Foyston, Gordon & Payne Inc.

Friedrich Schiller Schule Inc.

Gata Labs

General Electric Company

General Mills Canada

Geneva Career Solutions

Global Golf Advisors

Global Impact Capital

Goldman Sachs & Co.

Google

Government of Israel, Economic Mission

to Canada

Grant Thornton LLP

Great West Life

Green Standards

Hawkbridge Capital Inc.

Hay Group Ltd.

Haywood Securities

Hendricks and Associates

HK Connex

Holt Renfrew

HSBC Bank Canada

Hudson’s Bay Company

CORPORATE PARTNERS

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Hydro One Networks Inc.

IBM Canada Ltd.

Imperial Oil

Imperial Tobacco Canada

Investeam Canada

Investor Economics

J.P. Morgan Asset Management

Jane/Finch Community and Family Centre

Janet David + Associates Inc.

Jardines

Johnson & Johnson

Kerr Financial Group

Kestrel Capital Management Corp.

Keurig Canada Inc.

KEV Group

KPMG Consulting

KPMG LLP

Kraft Canada Inc.

Labatt

Leopard Capital Ltd.

Level5

Liberty Mutual Insurance Group

LiveCa

Loblaw Companies Ltd.

Locomotion Music

Longview Asset Management Ltd.

L’Oreal Canada

Loyalty One

Lush

MacLaren McCann

Macquarie North America Ltd.

Managing Matters Inc.

Manulife Financial

Maple Leaf Foods Inc.

Market Data Company

Mars Canada

MasterCard Canada

Mawer Investment Management Ltd.

McCain Foods Ltd.

MCIS Language Services

McKinsey & Company, Inc.

Melissa Andre Events

Mercer Consulting

Metrolinx

Meyers Norris Penny

Milkin Holdings Ltd.

Miracle Brand Company

Mondelez International

Monitor Deloitte Canada

Moody’s Investors Service Canada

Morgan Stanley Canada Ltd.

National Bank Financial

National Bank of Canada

Natural World Vitamins

NBA China

Nexgate

Nielsen

OMERS

Ontario Energy Board

Ontario Ministry of Health and Long-Term Care

Ontario Ministry of Transportation

Ontario Securities Commission

Ontario Teachers’ Pension Plan Board

Optimus SBR

Orbis Mutual Funds

Origin Merchant Partners

Osler, Hoskin & Harcourt LLP

Palmer & Company Executive Recruitment

PenEquity Realty Corporation

PepsiCo Canada

Philips

PricewaterhouseCoopers LLP

Procter & Gamble Inc.

PSP Investments

PwC China

PwC Consulting

Raymond James Ltd.

RBC Capital Markets

RBC Financial Group

RBS Global Banking & Markets

Real Tech

Realized Worth

Realosophy Realty Inc.

Rebecca Ling Chartered Accountant

Redwood Strategic

River Plate House Capital Management Corp.

Rodan Energy Solutions Inc.

Rogers Communications Inc.

Ross Smith Asset Management Inc.

Rotman School of Management

RSA Group

SalesSpider Media

Salman Partners Inc.

Scotiabank

Shoppers Drug Mart

Siemens Canada Limited

SNC-Lavalin Inc.

Spectrum Capital Partners

Starbucks

State Street Canada

Sun Life Financial

SunGard

Target Canada

Tata Consulting Services

TD Bank Financial Group

TD Canada Trust

TD Securities

Teksystems

TELUS

TerraCycle Canada

The Canadian Chamber of Commerce in

Hong Kong

The Mason Group

The Next 36

The Truth Music Group

The Varsity

TJX Companies

TMX Group

Toronto 2015 Pan Am/Para Pan Am Games

Toronto Financial Services Alliance

Toronto Memory Program

Towers Watson

Tricor Pacific Capital Inc

TrojanOne

U.S. Commercial Service

UBS Securities Canada

Unilever Canada

Univa Corporation

University of Toronto

Venture Accelerator Partners Inc.

Verold Inc

Vigilant Global

Vision Capital Corporation

Voco Canada Inc.

VRG Capital

Walmart Canada Inc.

Wealhouse Capital

Wells Fargo Financial Corporation Canada

Wise Capital Management

Wisely

WSIB Ontario

Yellow Point Equity Partners

ZS Associates

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ALUMNI ENGAGEMENT

2014 marked the ninetieth anniversary of the first Bachelor of Commerce degrees being awarded at

the University of Toronto. The current Rotman Commerce program is the legacy of ninety years

of expertise in business education, during which time more than 13,000 students have proudly

earned their degrees.

We celebrated this milestone with a number of special ninetieth anniversary events for students and alumni, beginning in January with

a student social and an Inside the Alumni Network event with Pamela Laycock (BCom ’87), Senior VP of Corporate Development and

Strategy at Torstar. In February, Ken Valvur (BCom ’84), Founder and President of the Ontario Spring Water Sake Company, hosted a

fascinating brewery tour and sake tasting event at the company’s distillery in Toronto’s historic distillery district. President and CEO of

Manulife Financial Corporation, Donald Guloien (BCom ’80), spoke to a rapt room of Rotman Commerce students and alumni at our

annual Leadership in Business talk in March, while in April, we hosted a special ninetieth anniversary Evening for Young Professionals

at the Drake Hotel for graduates from the last ten years. Our celebrations culminated in May at an all-alumni celebration at the Royal

Conservatory’s TELUS Centre for Performance and Learning that featured remarks from UofT Chancellor Michael Wilson (BCom ’59),

followed by an exclusive performance by Juno award winning jazz vocalist Sophie Milman (BCom ’11). In addition, several of our

graduates, including Jim Balsillie (BCom ’84), Danièle Bertrand (BCom ’82), Vinay Chopra (BCom ’01), Geoff Chutter (BCom ’76),

Marilyn De Mara (BCom ’75), Alan Redway (BCom ’58), Mark Weisdorf (BCom ’79), David Wilson (BCom ’68), and Betty Yuen (BCom

’79), agreed to be profiled on our website as part of our 90th anniversary alumni recognition.

Our alumni also continue to contribute immeasurably to our program by volunteering with our students as mentors, guest speakers,

event facilitators, and coaches. A number of our key initiatives, such as the Alumni Mentorship Program, Alumni Coffee Breaks, and

Inside the Alumni Network, which allow our students to learn directly from our alumni, are only possible because so many of our

graduates are willing to come back and donate their time and expertise to today’s students. Additionally, our alumni are vital to the

success of our experiential learning and industry training programs such as our Management Consulting Alumni Program (MCAP),

Portfolio Management Group (PMG), Initiative Consulting, Accounting Bootcamp, and Simplify the Street, and give generously of their

time to participate in our student group events and as members of our Alumni Steering Committee.

24

ALUMNI ENGAGEMENT

BY

TH

E N

UM

BE

RS

B

Y T

HE

N

UM

BE

RS

NUMBER OF ALUMNI WHO VOLUNTEERED IN PROGRAM ACTIVITIES

250+

NUMBER OF INSIDE THE ALUMNI NETWORK DISCUSSIONS

5

NUMBER OF ALUMNI ON OUR ALUMNI STEERING COMMITTEE

9NUMBER OF ALUMNI MENTORS IN THE ROTMAN COMMERCE MENTORSHIP PROGRAM

25

A N N U A L R E P O R T | 2 0 1 3 / 1 4

116

CONVOCATION 2014

On June 13, 2014, the Rotman Commerce Class of 2014 accepted their Bachelor of Commerce degrees at Convocation

Hall. Following an inspirational address by former President of Minto Urban Communities and GreenSoil Investment

Chairman and Co-Founder, Alan Greenberg (BCom ’83), the next generation of Rotman Commerce alumni crossed the

stage to receive their degrees. At the convocation reception that followed, a number of students were honoured with

Director’s Awards to recognize academic excellence, innovation, leadership, and spirit.

D I R E C T O R ’ S AWA R D S R E C I P I E N T S 2 0 1 3 - 1 4

Academic ExcellenceHadi AhmadJae Hyun ChaSophia KimJordan KremblewskiKe LiCe Shi

InnovationShunxin Cinthia LinMegan JiangMarina Milenkovic

LeadershipKwan Ho FokNicola RothgiesserChristina TroinaHailey Vasyliw

SpiritKristine AndalLakshman NamburiJennifer PazioShayaan Shahbaz

26

CONVOCATION 2014

rotman Commerce attracts the best and brightest students from around the world due to our excellent academic

reputation and our innovative programming. We could not continue to offer and improve upon the high calibre of

education for which we are recognized were it not for the generosity of our donors, whose contributions support

numerous student life, international study, and professional development opportunities annually. To those who give

so generously, THANK YOU for your ongoing commitment to the education of tomorrow’s business leaders. To those who wish to

renew or begin their contributions, please visit us online at rotmancommerce.utoronto.ca/donate.

Remember that thanks to the Building Canadian Leaders Matching Scholarship Fund, endowed by alumnus David Scrymgeour,

BCom ’79 (see page 13), scholarship endowment donations will be matched dollar for dollar to double their impact. There has

never been a better time to support Rotman Commerce. Your contributions make a crucial difference.

$250,000+Peter P. Copses (BCom ’80) and Judith V. Mueller (BCom ’80) T. David Scrymgeour (BCom ’79)

$20,000 - $249,999Fednav Limited HSBC Bank Canada The Lawrason Foundation Robert D. (BCom ’66) and Joan McKeracher

$5,000 - $19,999The Friends and Family of Bobby HundalThe Family of Ms. Catherine M. Logie Lorne Weil (BCom ’68)

$1,000-$4,999Cynthia Anne J. Bishop Kenneth Corts and Anna-Marie Castrodale Ernst & Young Matching Gifts Program for Higher Education Institutional Equity Traders Association Janet L. Lamb (BCom ’73)Stephens B. Lowden (BCom ’60)Alan (BCom ’58) and Louise Redway Deanne Saunders Dragan Stojanovic (BCom ’03)Kenneth A. Valvur (BCom ’84)Anonymous (1)

$500-$999David L. Adams (BCom ’79)Ron Bull (BCom ’69)David W. Finlay (BCom ’84)Brian (BCom ’81) and Colleen JohnstonBrian and Colleen Johnston (BCom ’81)Marcin Kiersnowski (BCom ’09)George Kosmas (BCom ’93)Theodore H. Spevick (BCom ’70)Maureen Stapleton Michael A. Tambosso (BCom ’79)Filomena ZielinskiAnonymous (1)

$250-$499Mary Bukovcan (BCom ’92)David J. (BCom ’66) and Sandra A. JohnstonAndrea Kwan Kecheng Li Elena Mascarenhas (BCom ’81)Nick Pantaleo (BCom ’80)George P. Petropoulos (BCom ’80)Norman W. Quon Stephen Stewart (BCom ’02)Luigi (BCom ’03) and Tonia (BCom ’01) TrentadueJohn W. L. Winder (BCom ’54)Janice E. WitkowskiAnonymous (4)

$100-$249Diana Addeo (BCom ’96)Fahad Ahmed (BCom ’09)Lyne Arseneau (BCom ’88)Sheila M. Baird (BCom ’59)Mark S. Bonham (BCom ’82)John F. Bulloch Salvatore Cesario (BCom ’78)Grace S. M. Chow (BCom ’82)Alison Cuffari (BCom ’05)K. Allan Cuzen (BCom ’57)Robert A. Davis (BCom ’89)Neil Edward de Gray (BCom ’07)Harry A. Drew (BCom ’54)Jean M. Due (BCom ’46)Norman James Elliott (BCom ’62)Annette G. Filler (BCom ’87)John A. Foulds (BCom ’71)Darren Jason Francis (BCom ’02)Betsie (Ewing) Gerber (BCom ’47)E. Philip Giroday (BCom ’77)Joseph Jany (BCom ’60)Mulhim Khan (BCom ’09)Enn C. Kiudorf (BCom ’88)Brian La (BCom ’07)Nancy B. Lee (BCom ’91)

Gary S. Love (BCom ’84)Kevin Chung Pui Mak (BCom ’07)Andy Mark (BCom ’81)Nicholas Martin-Sperry Karen McLeister Terence A. McNally (BCom ’72)Robert Michaud P. Douglas Musselwhite (BCom ’62)Aleksander Oleszkowicz (BCom ’70)J. Clair Peacock (BCom ’59)Matthew Arnold Pereira (BCom ’11)W. John Rae (BCom ’62)Donald L. Richmond (BCom ’74)Duncan E. Rowland (BCom ’91)Stanley B. Stein (BCom ’66)Cheryl J. Swan (BCom ’80)Jeffery David Trapp Eric E. Trethewey (BCom ’49)Christine Wilhelm Ken Wormald (BCom ’48)Samuel Yen (BCom ’94)Dilshod Zakhidov (BCom ’10)Zhao’an Zhang (BCom ’03)Anonymous (8)

* Donor listing reflects gifts received between May 1, 2013 and May 30, 2014.

OUR DONORS

28

O U R M I S S I O NRotman Commerce seeks to inspire and empower our students and alumni to become innovative leaders and engaged citizens who contribute to the success of organizations and the betterment of communities in Canada and around the world.

Inside front cover and pages 24 (far right and background), 25-27Lisa Sakulensky

Pages 2, 4-7, 9-11, 14, 18-10James Kachan

Pages 6-7Shayaan Shahbaaz

Page 9 Diana Tyszko

Page 12 (left)Courtesy of Peter Copses and Judith Mueller

Page 12 (right)Courtesy of the University of Toronto

Page 15 (top)He (Jimi) Li

Pages 15 (bottom), 16, 19 (far right), 24 (middle)Andrea Kwan

Pages 20-21Meaghan Ogilvie

Page 24 (far left)Courtesy of Manulife Financial

PHOTOGRAPHY CREDITS

125 St. George StreetToronto, Ontario M5S 2E8

Tel: +1 416.978.3339 Fax: +1 416.978.5844

Email: rotmancommerce.info@utoronto.cawww.rotmancommerce.utoronto.ca

@RotmanCommerce

Rotman Commerce Alumni Network

www.facebook.com/RotmanCommerce