Stories from the road to the future.Annual Report 2014/15

As my term as Director of Rotman Commerce draws to a close,

I have been reflecting on the many changes that have taken place

in the program over the past six years. I am extremely proud of the

work the students, alumni, staff, and faculty of Rotman Commerce

have accomplished, and am confident that the developments and

innovations we have implemented—to our curriculum, our student

programming, and our organizational structure—will provide a strong

foundation for the program’s continued growth.

Together we have broadened the opportunities open to our students

both in and out of the classroom. We have launched specialized

career programming, leadership training, and hands-on technical

skills development initiatives to better prepare our students for

a competitive and challenging job market. We have forged new

partnerships with universities, corporations, professional associations,

and not-for-profits that allow us to offer Rotman Commerce students

a diverse and fulsome environment in which to study. And we have

engaged with our alumni, hundreds of whom have come back to

campus over the years to lend their knowledge and experience to a

new generation of commerce graduates.

There is still much to be done, as the world of business (and our

place in it) continues to evolve, but I know that my successor,

Professor David Goldreich of the Rotman School of Management, is

far and away the best person to chart our course from this point on.

In closing, I want to acknowledge the passing of Joe Rotman in

January of this year. A supporter of our program and a friend to

higher education and culture across the country, Joe was the most

gracious of benefactors. He is greatly missed. ❚

Letter from the Director

Professor Kenneth S. CortsDirector, Rotman Commerce,

2009-2015

Telling Our Stories

In past years, our annual report has been a collection of

facts and figures recounting the developments, successes,

and challenges of the previous year. In this year’s annual

report, we do a little bit more. Every person’s journey through

our program is uniquely their own but what we share is an

intangible connection to what it means to be a student in this

remarkable program, on this magical campus, as a part of

this historic institution. In the pages that follow, a few of our

graduates, current students, and faculty share stories of their

time here and show how even the most ordinary of occurrences

can anchor our most enduring memories. We hope you enjoy

them, and invite you to share your own with us.

➤ TELL US YOUR STORY ROTMANCOMMERCE.ALUMNI@UTORONTO.CA

ROTMAN COMMERCE ANNUAL REPORT 2014/15 5

Jim Balsillie, BCom ’84Philanthropist; Co-Founder

and former Co-CEO of

Research in Motion;

Founder of the Centre for

International Governance

Innovation, the Canadian

International Council,

and the Balsillie School

of International Affairs

➤ TELL US YOUR STORY ROTMANCOMMERCE.ALUMNI@UTORONTO.CA

Jim Balsillie, BCom ’84

Peers are one of the most important aspects of undergraduate life,

and surrounding yourself with the very best people you can find on

campus can make a lasting impact on both your business and life

skills. After all, friends push you to be better at whatever it is they

are good at and help you expand your own potential. Trinity College

gave me a terrific environment in which I could do just that. This

included acting in an Atom Egoyan short film, political debates

with Nigel Wright, and a year-long backgammon tournament

(called the “Juggernaut”) with Malcolm Gladwell. Though I surged

into an early lead in the Autumn of 1980, Malcolm patiently passed

me in the Spring of 1981 marching to the coveted 1,000 win

threshold. Malcolm was (and still is!) very bright and hardworking,

and competing with him encouraged me to develop skills—such

as persistence and strategic thinking—that were invaluable to me

later in life.

A good deal of what I learned at U of T came courtesy of backgammon—specifically, a year-long tournament with Malcolm Gladwell.

Developing Future Leaders

EXECUTIVE AND COMMITTEE POSITIONS AVAILABLE WITH OUR STUDENT ORGANIZATIONS

250+

INITIATIVES ORGANIZED BY STUDENTS

69 38 technical training workshops offered in 2014-15

650 spaces available in technical training workshops

90 students funded through our Conferences and Competitions Subsidy Fund

44 conferences attended by students receiving Conferences and Competitions Program subsidies

61 students participating in co-curricular experiential learning programs

51% of Rotman Commerce students attended at least one student-organized event

297 first-year students registered in Rotman Commerce First-Year Learning Communities

128MENTORSHIP MATCHES IN 2014-15

ROTMAN COMMERCE ANNUAL REPORT 2014/15 7

The climate of business education has changed significantly

over the years. Today’s undergraduate business students

are entering a challenging job market where they vie for jobs

amongst a diverse group of competitors.

Our First-Year Learning Communities, led by senior

students, help our incoming class to build

community and successfully transition to university

life. In their third and fourth years, students can

take advantage of our popular Alumni Mentorship

Program that matches them with commerce

graduates whose experience aligns with the

students’ goals and aspirations. We also offer a

Conferences and Competitions Subsidy Program,

which helps defray costs associated with attending

externally organized events.

As part of our ongoing commitment to supporting

innovation and entrepreneurship, this year we

welcomed David Scrymgeour (BCom ’79) as

our first Executive-in-Residence, who was

dedicated to helping students develop their own

entrepreneurial projects. ❚

READ MORE ABOUT OUR LEADERSHIP INITIATIVES AT ROTMANCOMMERCE.UTORONTO.CA/LEADERSHIP

Innovation and entrepreneurship are the catchwords

of the new economy, with sophisticated “soft

skills” in public speaking, effective presentation,

teamwork, leadership, and networking ability

being key qualities of successful candidates. A

rigorous education in the foundations of business

is still key, but it is no longer enough on its own.

At Rotman Commerce we prepare our students

for success across all these areas. Our ten student

organizations allow students to develop their

leadership skills through organizing and delivering

professional-level conferences, competitions,

and workshops. We offer a full complement of

professional development opportunities so students

can build the competencies they need to succeed

in their chosen fields. Programs such as our

Portfolio Management Group, Initiative Consulting

Group, CRA Tax Volunteers, and Financial Literacy

Volunteers allow students to work with industry

professionals to gain “on-the-ground” experience

while also building the skills that today’s employers

are seeking. Our industry-standard training in

financial modeling and Excel ensures that students

are fluent in the technical requirements of their

fields, while our presentation training allows them to

learn how to present their knowledge in compelling,

succinct, and dynamic ways.

8 STORIES FROM THE ROAD TO THE FUTURE

➤ TELL US YOUR STORY ROTMANCOMMERCE.ALUMNI@UTORONTO.CA

András TilcsikAssistant Professor of

Strategic Management,

Rotman School of

Management

Professor András Tilcsik

Rotman Commerce students provided a great community in which

to develop my new course, Catastrophic Failure in Organizations.

Even before the course was offered to my MBA students, fifty-

some Commerce students had a chance to enrol in it, and they

made invaluable and lasting contributions to the course. Learning

from business failures and other organizational meltdowns—from

airplane crashes to financial crashes to corporate fraud—requires

a great deal of maturity and insight into organizational behaviour,

and the Rotman Commerce students exceeded all my expectations.

I was able to learn a lot from them not only about how to structure

and deliver the course but also about core aspects of the subject

matter—how systemic, organizational, and human factors conspire

to cause catastrophic failures and what we can do about this. I was

so pleased with the way students raised important questions and

were never afraid to poke holes in my arguments, making this a truly

collective journey.

I made this mug for me and my students to commemorate the completion of one of my favourite teaching experiences.

Developing Future Leaders

NUMBER OF EXECUTIVE AND COMMITTEE POSITIONS AVAILABLE WITH OUR STUDENT ORGANIZATIONS

250+

Teaching for Future Success

239 course sections offered

67% of courses were taught by full-time faculty

3:1 recommended ratio of study hours to class time

166 students participated in Summer Abroad 2014

40 visiting exchange students

140 international exchange partners

488 students completing a minor or other major in addition to their commerce specialist program

HOURS SPENT IN CLASS ON AVERAGE PER STUDENT

240

UNIQUE ROTMAN COMMERCE COURSES OFFERED

73

STUDENTS PARTICIPATED IN AN INTERNATIONAL EXCHANGE

57

We are exceptionally proud of the academic rigour

for which our program is known. In each of our

three specialist programs—accounting, finance

and economics, and management—mastery of

the fundamentals underpins advanced teaching

and study of complex present-day business

problems. Recognizing that business thrives when

coupled with creative and critical thinking, we

encourage our students to explore their interests

in the arts and sciences. Many Rotman Commerce

graduates also hold majors or minors in language

studies, political science, psychology, history, and

sociology to name but a few.

Our curriculum is carefully designed to reflect

and anticipate the skills our students will need

to succeed in their chosen careers. Increased

demand and attention to innovation and

entrepreneurship encouraged us to develop

several new courses in this area recently,

and last year, we introduced an Innovation and

Entrepreneurship concentration for students in

our management specialist stream. Likewise,

in 2014-15, we worked closely with CPA Ontario

to respond to the changes in accreditation in the

accounting industry. With the development of

the Rotman School’s new twelve-week Graduate

Diploma in Professional Accounting (G.Dip.P.A.),

Rotman Commerce accounting grads can continue

to gain advanced standing with the CPA when

pursuing their designation.

While we offer a full suite of leadership development

opportunities outside of the classroom, we know

that students have differing abilities to commit

to extracurricular activities. Many of our professors

have made leadership, teamwork, community

engagement, and even international study key

components of their courses, ensuring that every

Rotman Commerce student has the opportunity

to experience and develop their skills in these

vital areas. ❚

With faculty drawn from Canada’s top-ranked university and business school, Rotman Commerce offers students the finest in undergraduate education.

Breakdown by specialist (years 2-4):Total number of students (years 2-4): 1,730

■ Finance: 42%

■ Accounting: 41%

■ Management: 17%

ROTMAN COMMERCE ANNUAL REPORT 2014/15 11

12 STORIES FROM THE ROAD TO THE FUTURE

➤ TELL US YOUR STORY ROTMANCOMMERCE.ALUMNI@UTORONTO.CA

Asli Ersozoglu, BCom ’17

Asli Ersozoglu, BCom ’17Specialist in Management,

Varsity Blues Women’s

Volleyball Team

As a member of the Varsity Blues Women’s Volleyball Team, I have

been fortunate to be able to play the sport I love at a competitive

level. However, without a Canadian passport, I would never be

eligible to compete for Canada’s national team. On May 2015, all

of that changed when I took the oath and received my citizenship

certificate. I had been waiting for four long years to become

Canadian, and when I did, it was an unforgettable experience.

I had always felt like Canada was my home, but the ceremony

made it official. With the support of my Varsity Blues coach Kristine

Drakich, as well as from Volleyball Canada, I can now represent my

home country on the court with pride.

In 2011, my family and I moved from

Istanbul to Toronto. Although we lived a good

life in Turkey, my parents wanted my brother

and me to have a more stable environment

in which to build our futures.

Believing in Bright Futures

30.6% of our first-year class were international students

36 nationalities represented

33 scholarships available exclusively to Rotman Commerce students

APPLICANTS TO OUR 2014-15 FIRST-YEAR CLASS

5,888

STUDENTS IN OUR FIRST-YEAR CLASS697

MEAN ADMISSION AVERAGE OF ONTARIO STUDENTS

91.6%

55% 45%FEMALE MALE

ROTMAN COMMERCE ANNUAL REPORT 2014/15 15

The best and brightest students come from all over

the world to attend our program. We are exceptionally

proud of our diverse student body. Each of our students

is distinguished by their intelligence, creativity, and

individual potential to succeed.

As one of Canada’s best known business

programs, we are fortunate to have an extremely

talented pool of applicants for admission. While

academic aptitude is important, it is far from

the only criteria. Some years ago, we re-crafted

our mission, vision, and values statement to

reflect our dedication to attracting and admitting

a diverse group of talented and engaged

students who share a commitment to excellence,

a demonstrated capacity for leadership, and a

passion for the world of business. Our challenge

in recent years has been to find a fair and effective

way to assess prospective students in relation to

these qualities.

For the first time in 2014-15, all applicants to

our first-year class were asked to submit both a

video and a written essay. These were designed to

help our admissions team identify those students

who will best be able to take advantage of our

program’s strengths.

In choosing to attend a business program, our

students and their families make a significant

financial investment. The University of Toronto

is unique among Canadian universities in

providing assurance of financial support in

the form of loans and bursaries, and we are

consistently seeking to augment the number of

scholarships that are available to our students

both at the time of entry and throughout

their studies. With help from the Building

Canadian Leaders Matching Scholarship

Fund, established through a watershed

1.5 million dollar donation in 2014, we are

looking forward to increasing the financial

aid we are able to offer in attracting and

rewarding our most dynamic, bright, and

ambitious students. ❚

READ MORE ABOUT SUPPORTING ROTMAN COMMERCE STUDENTS ROTMANCOMMERCE.UTORONTO.CA/SUPPORT

ROTMAN COMMERCE ANNUAL REPORT 2014/15 17

I like biking. When I was at U of T, I always

used a bike to commute to school, much to

the horror of some of my friends who believe

that if you bike in Toronto, you’re putting

your life in the hands of impatient motorists.

➤ TELL US YOUR STORY ROTMANCOMMERCE.ALUMNI@UTORONTO.CA

Majier Madol, BCom ’14Consultant, Accenture

Majier Madol, BCom ’14

For me, though, biking is a reliable and convenient way to commute

downtown, especially if the possibility of brushing shoulders with

taxis once in a while doesn’t terrify you. The way I see it, biking in the

city is an exercise in managed risk. While it’s totally understandable

that people want to settle for security, embracing some risks and

trying new paths can open up new opportunities, experiences,

and ideas.

I’ve only had one accident in the last four years. I was running late

for my RSM392 Strategic Management midterm and was practically

flying. I crashed, got up and went and wrote the test (thanks to my

helmet!). I was actually pretty pleased with how my grade turned

out in the end, and consider myself appropriately schooled in the

benefits of punctuality and the importance of protective cycling gear.

Successful Futures

184 on-campus corporate information sessions

428 students participated in our industry-specific career prep programs

89 Rotman Commerce alumni participated in career services programming with current students

JOBS LISTED WITH ROTMAN COMMERCE CAREER SERVICES

852

INDIVIDUAL CAREER COACHING SESSIONS DELIVERED

809

Accounting 40%Finance 22%Consulting 5%Marketing 2%Operations 4%Other 6%Pursuing Education 20%Travelling 1%

WHERE ARE OUR 2014 GRADUATES?*

* Based on data reported by BCom ’14 graduates

ROTMAN COMMERCE ANNUAL REPORT 2014/15 19

At Rotman Commerce, we are committed to delivering the best academic

education in the country. Our program is defined by an academic rigour matched

by none. We pair with that a dedicated career services team to help Rotman

Commerce students turn their outstanding academic credentials into outstanding

career success. Our graduates work with some of the world’s top firms, many

of whom recruit directly from our program. Our in-house relationship managers

offer students specialist-specific career counselling and meet with students

throughout their time with us to ensure that their career plans are on track.

For each area of specialization—accounting, finance and economics, and

management—we have developed industry-specific career training programs,

such as our Accounting Bootcamp, Management Consulting Alumni Program,

and Simplify the Street, that help students progress towards their goals while

developing the necessary skills for success. We partner with a broad spectrum

of employers to offer mock interviews, corporate information sessions, and on-

campus recruiting activities that connect our student talent with companies that

are seeking it. ❚

What I’ve appreciated most about Rotman

Commerce is the people—from friendships

forged, to thought-provoking exchanges with

professors, to invaluable feedback from my

relationship manager in the Career Centre,

I’ve been absolutely blown away by the

sincerity of people that I encounter.

▲

Honghu Wang, BCom ’16Specialist in Management,

Summer 2015 Customer

Business Development

Intern, Procter & Gamble

FIND OUT MORE ABOUT OUR CAREER SERVICES ROTMANCOMMERCE.UTORONTO.CA/CORPORATEPARTNERS

Every year, we work with a number of companies

to deliver specialized training opportunities that

benefit our students while also allowing the firms

to identify qualified, job-ready candidates for their

entry-level and management-stream positions.

We are extremely grateful to all of our corporate

partners for the vital enthusiasm and support that

they bring to our program.

Investing in Future TalentOur corporate associates are essential partners in our career services offerings.

ROTMAN COMMERCE ANNUAL REPORT 2014/15 21

A.T. Kearney

Aberdeen Asset Management

Accenture

Amazon

American Express

Apple

Armstrong Partnership LP

Bain & Company

Bank of America-Merrill Lynch

Bank of Canada

Barclays Capital

Beacon Securities

Bell Canada

BlackRock

Blair Franklin Capital Partners

Bloomberg

BMO

Boston Consulting Group

Brookfield Asset Management

BDC (Business Development

Bank of Canada)

CAA

Canaccord Genuity

Canadian Chamber of Commerce -

Hong Kong

Canadian Revenue Agency

Canadian Tire Corporation

Capco

Capgemini

Capital One

CIBC

Citibank

Coca-Cola

Collins Barrow

CPP Investment Board

Crowe Soberman LLP

Deloitte Consulting

Deloitte LLP

Deutsche Bank

DHL Consulting

DREAM (formerly Dundee

Realty/REIT)

Dundee Wealth

Enterprise Holdings

Equitable Bank

Ernst & Young LLP

FactSet

FEDNAV

Four Seasons

General Electric (GE) Canada

General Mills

Goldman Sachs

Google

Government of Canada

Grant Thornton LLP

Great West Life

Hendricks & Associates

HSBC

Hudson’s Bay Company

Hydro One Networks

IBM Global Business Services

IMAX Corporation

Imperial Oil Limited

Imperial Tobacco

INTACT Insurance

Interward Asset Management

Investor Economics

Johnson & Johnson

J.P. Morgan

KPMG LLP

Kraft Foods

L’Oreal

Labatt Breweries of Canada

Level5 Strategy Group

Liberty Mutual Insurance

Loblaw Companies Ltd.

Lowes Canada

LoyaltyOne/Air Miles

MacLaren McCann

Manulife

MARS Canada

MaRS Discovery District

Mawer Investment Management Ltd.

McKinsey & Company

Mercer (Canada) Ltd.

MNP LLP

Mondelez International

Monitor Deloitte

Morgan Stanley

National Bank

NBA - China

OMERS

Ontario Power Generation

Ontario Public Service

Ontario Securities Commission

Ontario Teachers Pension

Plan Board

Optimus SBR

Orbis (Access) Investment

Management

Origin Merchant Partners

PepsiCo

Philips

Procter & Gamble Inc.

Protiviti

Public Service Commission

of Canada

PwC LLP

PwC Management Services

RBC

Reliance

Rogers Communications

Rothmans, Benson & Hedges

Salman Partners

Sapient Capital Partners

Scotiabank

ScotiaMcLeod

Shell Canada Ltd.

Sid Lee

Sionna Investments Manager

Société Générale

Sun Life Financial

TD

TELUS

Tim Horton’s

Toshiba Canada

Towers Watson

Treasury Board of Canada

UBS

Unilever Canada

UPS

US Commercial Service

Vale

Walmart Canada

Warner Bros Canada

Wells Fargo Financial

Corporation Canada

Winners Merchants International LP

ZS Associates

ROTMAN COMMERCE ANNUAL REPORT 2014/15 23

Amara Hakak, BCom ’15Specialist in Accounting

Staff Accountant, Deloitte

➤ TELL US YOUR STORY ROTMANCOMMERCE.ALUMNI@UTORONTO.CA

Amara Hakak, BCom ’15

Out of the many delightful experiences I have had at U of T, the

happiest I have ever felt in my university career was when I walked

across the stage on my convocation day. It’s bittersweet that that

moment also marked my departure from U of T. But all the hard

work, the late nights, the endless coffee—it’s all worth it for that one

moment when you know that you have done it. You have graduated

from the best university in Canada. That’s when your four years at

U of T flash before your eyes, reminding you of the person you were

when you entered this place, compared to the person you are now—

ready to change the world.

This pack has been everywhere with me. Four years of being dragged around Robarts, Sid Smith, and the WDW and WO classrooms. Four of the best years of my life.

Soaring into the Future

ROTMAN COMMERCE ANNUAL REPORT 2014/15 25

On Wednesday, June 17, 2015, Rotman Commerce welcomed 454 new

alumni to our fold as the Class of 2015 accepted their Bachelor of Commerce

degrees at Convocation Hall.

University of Toronto Chancellor, the Rt. Hon. Michael Wilson (BCom ’59),

Faculty of Arts and Science Dean, David Cameron, and Rotman Dean Tiff

Macklem presided over the ceremony. Rotman Commerce Executive-in-

Residence and entrepreneur, David Scrymgeour (BCom ’79) delivered the

convocation address, reminding students of the importance of staying open to

potential opportunities throughout their careers.

Graduates and their families joined staff and faculty for our annual convocation

celebration in Desautels Hall, where the Director’s Awards for Academic

Excellence, Innovation, Leadership, and Spirit were presented. ❚

Don’t limit your perspective.

If it’s interesting, fun, and

you’ll learn—do it.

Academic Excellence ► Vincent George

Marchese Ho

► Sijia Li

► Sachin Naik

► Meng Zhang

► Stephen Zhao

Leadership ► Sabah Ali

► Tiffany T.L. Chan

► Samantha Satish

► Stephen Zhao

Innovation ► Yu Cao

► Ervin Cheah

► Patrick Nathan Deekimcheng

► Tiffany Leung

► Waseem Malik

Spirit► Joshua Bondi

► Joanna Chen

► Vanessa Lie

2015 Director’s Award Winners

▲

David Scrymgeour, BCom ’79 Convocation 2015

26 STORIES FROM THE ROAD TO THE FUTURE

Al Pearlstein, BCom ’50Founder, Pearlstein

Financial Corporation;

Vice-President,

Mark Pearlstein

Wealth Management,

RBC Dominion Securities, Inc.

➤ TELL US YOUR STORY ROTMANCOMMERCE.ALUMNI@UTORONTO.CA

Al Pearlstein, BCom ’50

Instead, I spent my days playing bridge. Fortunately, I had a friend

who would go to the lectures and take notes in shorthand, so I would

do all the readings at night for my classes, and get the lecture notes

from my friend, and that’s how I got by. We used to play for pretty

big stakes as well, but I never got involved in gambling. Instead,

I learned how to play the risks. Ironically, it was my class material that

helped me the most. At that time, Frank Knight’s Risk, Uncertainty,

and Profit was our second-year Commerce & Finance economics

theory textbook, and it taught me things that I have carried with

me long past those bridge games and into the rest of my career—

which, 65 years after graduation, is still going strong.

I wasn’t always an A student in school but that may

have been because I didn’t really go to classes during

the day. Even the draw of Harold Innis, the famed

economist who taught in the program back then,

wasn’t enough to get me to campus.

Giving Back to the Future

ROTMAN COMMERCE ANNUAL REPORT 2014/15 29

Our graduates participate in dozens of initiatives

every year—our specialized career programming,

our Inside the Alumni Network and Alumni

Coffee Break talks, networking events, company

information sessions, mock interviews, recruitment

and admissions activities, and our mentorship

program to name a handful. This year, we invited

over 600 volunteers, a significant portion of

whom are commerce graduates, to our Director’s

Reception in recognition of their contributions to our

program. We simply couldn't do it without them.

Our alumni community continues to grow in

strength and numbers. Our global alumni

network is now over 13,000 strong, spanning

both generations and geography. Locally, we host

a number of alumni events annually, designed

to help graduates connect with their classmates

and alumni from other years. ❚

GET INVOLVED IN YOUR ALUMNI COMMUNITY ROTMANCOMMERCE.UTORONTO.CA/ALUMNI

Every year, hundreds of our graduates give their time

and expertise to help current Rotman Commerce students

develop their skills, learn the tricks of the trade, and

prepare for success in their future careers.

Our alumni are one of our program’s greatest resources.

Afghanistan Albania Armenia Australia Austria

Bahamas Bahrain Bangladesh Barbados

Belgium Bermuda Brazil Cayman Islands Chile

China Cyprus Czech Republic Ecuador England

Finland France Germany Ghana Great Britain

Honduras Hungary India Indonesia Israel Italy

Jamaica Japan Jordan Kenya Latvia Macau

Malaysia Mauritius Mexico Morocco Netherlands

New Zealand Nigeria Norway Pakistan Poland

Saudi Arabia Singapore Slovenia South Africa

South Korea Spain Sri Lanka Swaziland Sweden

Switzerland Taiwan Tanzania Thailand Trinidad

& Tobago Turks & Caicos United Arab Emirates

United States

607 program volunteers in 2014-15

13,313 Rotman Commerce graduates

63 countries in our Alumni Network:

30 STORIES FROM THE ROAD TO THE FUTURE

Making the Future PossibleRotman Commerce can continue to offer and improve upon the high calibre of education

for which we are recognized due to the generosity of our donors. Their contributions

support numerous student life, international study, and professional development

opportunities annually.

$250,000+Peter P. Copses (BCom ’80) and

Judith V. Mueller (BCom ’80) T. David Scrymgeour (BCom ’79)

$25,000-$249,999 FEDNAV Ltd.Norman Fraser (BCom ’65) HSBC Bank Canada The Lawrason FoundationRobert D. (BCom ’66)

and Joan McKeracher Anonymous (1)

$5,000-$24,999Thomas DiGiacomo (BCom ’64)Ira Gluskin (BCom ’64) and

Maxine Granovsky-Gluskin Peter Mitchelson (BCom ’64)Lorne Weil (BCom ’68)Anonymous (1)

$1,000-$4,999 Cynthia Anne J. BishopErnst & Young Matching Gifts

Program for Higher EducationCameron Fellman (BCom ’64)Institutional Equity Traders AssociationFarhan M. Ali Khan (BCom ’04)Janet L. Lamb (BCom ’73)Stephens B. Lowden (BCom ’60)Ephry N. Merkur (BCom ’64)James Mossman (BCom ’81)Alan (BCom ’58) and Louise RedwayDeanne SaundersEdward (BCom ’64)

and Marisa SorbaraKenneth A. Valvur (BCom ’84)Leonard Waverman (BCom ’64)Peter Levitt and Mai WhyAnonymous (1)

$500-$999 Ron Bull (BCom ’69) David Choi (BCom ’98)Jim Dingle (BCom ’64)David W. Finlay (BCom ’84)Paul J. N. Halpern (BCom ’64)Bill Kilfoyle (BCom ’64)Eugene Krivyan (BCom ’08)Elena Mascarenhas (BCom ’81)Bruce A. Moyle (BCom ’64)Robert B. Shortly (BCom ’64)Maureen StapletonRobert Tyson (BCom ’64)Judy and Larry (BCom ’64) WardSamuel Yen (BCom ’94)Alan S. Zekelman (BCom ’84)Filomena Zielinski

$250-$499David L. Adams (BCom ’79)Caterina Ardito-Toffolo (BCom ’80)Hilary Austen and Jack MayMark A. Caranci (BCom ’92)Freda M. Eickmeyer (BCom ’47)Albert H. Fast (BCom ’49)John A. Foulds (BCom ’71) Anthony Gichuri NdiranguYat Ming S. Kan (BCom ’93)Brian La (BCom ’07)Bill McFarland (BCom ’80)Carmela Pallotto (BCom ’90)Nick Pantaleo (BCom ’80)Norman W. QuonR. Gary Seagrave (BCom ’58)John W. L. Winder (BCom ’54) Anonymous (2)

$100-$249Fahad Ahmed (BCom ’09)Lucio F. Ammerata (BCom ’82)Lyne Arseneau (BCom ’88)Mark S. Bonham (BCom ’82)

Leonard Cappe (BCom ’72)Dennis H. Cartwright (BCom ’65)Salvatore Cesario (BCom ’78)Jenifer Man Yee Cho (BCom ’79)Murray O. Dalgleish (BCom ’84)Robert A. Davis (BCom ’89)Neil Edward de Gray (BCom ’07)Norman James Elliott (BCom ’62)E. Philip Giroday (BCom ’77)Paul J. Gooderham (BCom ’60) Stephen R Haist (BCom ’67)Ivan L. Hurlbut (BCom ’59)Mulhim Khan (BCom ’09)Enn C. Kiudorf (BCom ’88)Dale Brenda Kozicz (BCom ’96)Kirby M. Kumagai (BCom ’87)Andrea KwanCameron C. Laird (BCom ’81)Cheuk Kin Lau (BCom ’01)Kecheng LiKevin Chung Pui Mak (BCom ’07)Nicholas Martin-SperryTerence A. McNally (BCom ’72)Edward Medeiros (BCom ’85)Robert MichaudTomoyoshi Nakamura (BCom ’96)Aleksander Oleszkowicz (BCom ’70) George M. OlsenRudolph G. Penner (BCom ’58)William J. Raymond (BCom ’50) Duncan E. Rowland (BCom ’91)J. Kenneth Stevens (BCom ’52)Stephen Stewart (BCom ’02) Theodore H. Spevick (BCom ’70)Jeffery David TrappNikolaos Tsimidis (BCom ’87)Gary H. Usling (BCom ’82) Roger F. Watts (BCom ’76) Doug C. Welsh (BCom ’80)Yupin YangDilshod Zakhidov (BCom ’10) Anonymous (12)

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