Brock University Faculty of Business
Encyclopedia
Brock University’s Faculty of Business is one of seven faculties at Brock University
Brock University
Brock University is a comprehensive university located in St. Catharines, Ontario, Canada. Brock offers undergraduate, graduate and doctoral degree programs that include co-op and other experiential learning opportunities to an enrolment of over 17,000 full-time students.The enabling legislation is...

 in St. Catharines, Ontario
St. Catharines, Ontario
St. Catharines is the largest city in Canada's Niagara Region and the sixth largest urban area in Ontario, Canada, with 97.11 square kilometres of land...

, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

. The current dean of the business school is Dr. Barbara Sainty. She is preceded by Dr. Martin Kusy, who retired from the position in June, 2008. As a rising business school, Brock’s Faculty of Business is now “entering the next stage of its growth” according to Canadian Business
Canadian Business
Canadian Business is the longest-publishing business magazine in Canada. It was founded in 1928 as The Commerce of the Nation, the organ of the Canadian Chamber of Commerce. The magazine was renamed Canadian Business in 1933...

 Magazine.

Brock University's Faculty of Business offers a range of programs at both the Undergraduate and Graduate level of study.

The Brock Faculty of Business is one of only five Canadian business schools to attain accreditation by the AACSB as well as attain membership in Beta Gamma Sigma
Beta Gamma Sigma
Beta Gamma Sigma or ΒΓΣ is an honor society for business students and scholars. Founded in 1913 at the University of Wisconsin, it has over 650,000 members, selected from over 500 chapters in AACSB-accredited business schools...

.

Association to Advance Collegiate Schools of Business (AACSB)

Brock's Faculty of Business is accredited by The Association to Advance Collegiate Schools of Business
Association to Advance Collegiate Schools of Business
The Association to Advance Collegiate Schools of Business was founded in 1916 to accredit schools of business worldwide. The first accreditations took place in 1919. The stated mission is to advance quality management education worldwide through accreditation and thought leadership. It is regarded...

(AACSB) International. Less than 5 percent of business schools worldwide (only 16 in Canada) have earned this accreditation, the highest standard in management education.

Institute of Chartered Accountants of Ontario (ICAO)

Brock's Accounting Co-op Program is fully accredited by the Institute of Chartered Accountants of Ontario. This accreditation allows students to fulfill all credit hours required to become a Chartered Accountant
Chartered Accountant
Chartered Accountants were the first accountants to form a professional body, initially established in Britain in 1854. The Edinburgh Society of Accountants , the Glasgow Institute of Accountants and Actuaries and the Aberdeen Society of Accountants were each granted a royal charter almost from...

 while enrolled in the BAcc program. In 2006, Brock partnered with the ICAO to develop the CA/Brock Institute for International Issues in Accounting (IIIA).
The IIIA's mission is to improve the practice of accounting through teaching, learning and research by stimulating, encouraging and supporting the creation and dissemination of knowledge in the accounting field as it relates to international issues.

European Foundation for Management Development (EFMD)

Brock's Faculty of Business is also a member of The European Foundation for Management Development
European Foundation for Management Development
The European Foundation for Management Development is an international membership organization, based in Brussels, Belgium. Europe's largest network association in the field of management development, it has over 700 member organizations from academia, business, public service and consultancy in...

 (EFMD). Based in Brussels, Belgium, the EFMD is a global accrediting body, recognizing schools of exceptional quality in management education. Only 12 other Canadian business schools have gained membership in the EFMD.

Beta Gamma Sigma

Further, Brock's Faculty of Business is also a member of Beta Gamma Sigma
Beta Gamma Sigma
Beta Gamma Sigma or ΒΓΣ is an honor society for business students and scholars. Founded in 1913 at the University of Wisconsin, it has over 650,000 members, selected from over 500 chapters in AACSB-accredited business schools...

. Beta Gamma Sigma is the honour society serving business programs accredited by AACSB International. Membership in Beta Gamma Sigma is the highest recognition a business student anywhere in the world can receive in a business program accredited by AACSB International. Only five other Canadian Business Schools have attained membership in Beta Gamma Sigma.

Brock is one of only two universities to have its curriculum accredited by the Canadian Professional Sales Association (CPSA). BBA students in the marketing stream can complete the CPSA's Professional Sales Certificate Program while completing their degree.

Ranking

The Globe and Mail
The Globe and Mail
The Globe and Mail is a nationally distributed Canadian newspaper, based in Toronto and printed in six cities across the country. With a weekly readership of approximately 1 million, it is Canada's largest-circulation national newspaper and second-largest daily newspaper after the Toronto Star...

's 2009 University Report Card, which is a national survey on student satisfaction gave Brock the following grades in the Medium-sized University category:
  • Most Satisfied Students: A- (4th in Canada)
  • Quality of Education: A- (4th in Canada)
  • Quality of Teaching: A- (2nd in Canada)
  • Class Size: A- (2nd in Canada)
  • Student Faculty Interaction: B+ (4th in Canada)


In a survey of Deans from international schools of Business, Brock placed fourth in Canada in the Excellent Business Schools nationally strong and/or with continental links category.

Brock University
Brock University
Brock University is a comprehensive university located in St. Catharines, Ontario, Canada. Brock offers undergraduate, graduate and doctoral degree programs that include co-op and other experiential learning opportunities to an enrolment of over 17,000 full-time students.The enabling legislation is...

 was named the Beta Gamma Sigma
Beta Gamma Sigma
Beta Gamma Sigma or ΒΓΣ is an honor society for business students and scholars. Founded in 1913 at the University of Wisconsin, it has over 650,000 members, selected from over 500 chapters in AACSB-accredited business schools...

 Bronze Collegiate Chapter in 2007 - the highest ranking attained by any Canadian Business School.

Business Administration (BBA)

The Brock BBA program is a nationally renowned undergraduate business degree program. The program is professionally oriented and combines intensive studies in business disciplines with studies in the Social Sciences, Humanities and Mathematics and Science. The program's first two years provide a foundation of business theory, while the third and fourth years are designed to allow student to concentrate on one particular area of business. The program offers a wide variety of concentrations, including: Accounting, Finance, Marketing, Human Resources Management, Operations, Information Systems, General Management, International Business, and Public Administration.

Brock's BBA Program offers a Co-op component. With a nearly 100% placement rate (one of the highest and most consistent placement rates in the country) and co-op opportunities with many of Canada's top companies, it is a popular option for business students.

Accountancy (BAcc)

The Brock BAcc program is widely regarded as one of the province's top accounting programs. Brock's Accounting Co-op Program is the second largest in Canada and is one of only two universities in Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....

 to have its undergraduate accounting program fully accredited by the Institute of Chartered Accountants of Ontario. Unlike other programs, where students are required to take additional courses on top of their degree program, students enrolled in Brock's BAcc program are able to fulfill all 51 credit hours concurrently while completing their degree.

Dual Degree Program

Brock's Dual Degree Program is a revolutionary undergraduate degree program. The program is offered in association with The European Business School
European Business School
The EBS Universität für Wirtschaft und Recht in Wiesbaden and Oestrich-Winkel, Germany, was founded in 1971. The university's activities focus on 3 core areas: undergraduate, postgraduate programs and executive education...

, International University Schloss Reichartshausen (EBS), which is ranked as one of the top business schools in Germany. Brock students complete the first five semesters at Brock and the remaining three semesters at EBS. Each student, upon successful completion of the course of studies will receive two degrees: The Bachelor of Business Administration, International Business concentration degree from Brock and a Bachelor of Science degree from EBS.

Master of Business Administration (MBA)

The Brock MBA program is a two year, full-time program starting each September at Brock's campus in St. Catharines, Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....

. It offers a wide range of professional development opportunities, appealing to both recent graduates from across Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

 and around the world as well as executives from many of Southern Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....

’s top corporations. The MBA program is designed to develop exceptional leaders and to provide talented individuals the opportunity to obtain an advanced professional business education that will enable them to realize their full potential and career goals. The program allows students to specialize in one of four areas: Finance, Marketing, Accounting (with the option of the joint MBA-CMA
CMA
- Accounting :* Cash management account* Certified Management Accountant, an accountant who has met certain qualifications* Certified market analyst, a financial analyst who has met certain qualifications set by the American Academy of Financial Management...

 program), and Human Resource Management.

The program also offers a Co-op option to further enhance the value for students. With strong connections, both regionally and nationally, students can attain placements with a wide range of companies to gain practical experience.

In 2009, Canadian Business
Canadian Business
Canadian Business is the longest-publishing business magazine in Canada. It was founded in 1928 as The Commerce of the Nation, the organ of the Canadian Chamber of Commerce. The magazine was renamed Canadian Business in 1933...

 Magazine ranked Brock's MBA 6th in Canada in terms of percentage increase in salary from students entering the program to starting salary upon completion.

Master of Accountancy (MAcc)

The Brock MAcc program is specifically designed to assist students in the assimilation of advanced knowledge in accounting and related aspects of business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...

. The program provides a strong academic grounding that will support and encourage the expansion of knowledge for both the individual and the profession over the long term. Students can specialize in one of three streams:
  • General: The general accounting stream is designed for students who wish to explore accounting education at the graduate level with a primary focus on all of the functional areas of accounting. Many of these students will combine their graduate program with experience in the profession to select an area of practice in which they may be specializing (e.g. audit, management advisory, financial services, information technology, valuation, litigation support etc.).
  • Taxation:The tax speciality steam is designed to provide students with advanced knowledge in taxation and an ability to research tax issues and communicate results efficiently and effectively.
  • Information Systems
    Information systems
    Information Systems is an academic/professional discipline bridging the business field and the well-defined computer science field that is evolving toward a new scientific area of study...

    : The information systems specialty stream provides students with advanced expertise in information systems and technology
    Technology
    Technology is the making, usage, and knowledge of tools, machines, techniques, crafts, systems or methods of organization in order to solve a problem or perform a specific function. It can also refer to the collection of such tools, machinery, and procedures. The word technology comes ;...

    . Students will also develop a strong understanding of the strategic role of information systems and will be able to review and assist in their design.

Master of Science (MSc)

The Brock MSc is a two year, thesis-based program focusing on business research in one of four fields of study: accounting, finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...

, marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

 or management science. The MSc curriculum is designed to provide students with extensive academic knowledge in a specialized area of study through focused course work and the completion of a major research program.

The goal of the program is to provide students with depth and breadth of knowledge in a specialized area and to prepare students for entry into high-quality PhD programs. The program is designed for students from a variety of disciplines who have completed a 4-year undergraduate degree.

Taro Hall

Taro Hall houses Brock's Faculty of Business. It was opened in 1990 and was designed by Moriyama & Teshima Architects. Taro Hall is primarily used for Faculty offices, including the Dean of the Faculty of Business, and lecture halls. It contains six lecture halls for undergraduate students (BBA & BAcc), three lecture halls for graduate students (MBA, MAcc, IMAcc, and MSc), and a number of break-out rooms for group study. There is also a student lounge and computer commons specifically for graduate business students. In December 2007, Taro Hall underwent an extensive renovation to upgrade the entire facility.

Brock Business Consulting Group

The Brock Business Consulting Group (BCG) employs students enroled in Brock's MBA program for one-year terms to offer professional, low-cost consultancy services to all organizations in the Niagara Region. The BCG employs MBA candidates with diverse backgrounds to provide clients with an array of solution-based services. Through direct consultant experience, or with the support of faculty experts, the BCG assists organizations with all aspects of their business, including: Marketing, Accounting, Finance, Strategy and Human Resources.

Management Development Centre

The Management Development Centre offers management and leadership development courses and seminars for middle and senior managers. Operated out of the Faculty of Business, the MDC is for managers and executives working in both private and public sector environments.

Student life

Brock Faculty of Business students enjoy a number of options to get involved outside of the classroom. With student associations at both the graduate and undergraduate level, students can apply many of the theories and techniques learned in the classroom in the real world. The Faculty of Business student associations run the majority of the on-campus activities for Faculty of Business students such as inter-collegiate business competitions, socials, networking and professional development event, as well as the annual Faculty of Business Formal.

Alumni

For Notable Alumni and Affiliates, please see: List of Brock University people.

The Faculty of Business has established the Distinguished Graduate Award to recognize an outstanding graduate who has excelled in their chosen field. Recipients are honoured for their professional, educational, community and/or volunteer leadership and achievements. Past Recipients include:
  • 2002: Doug Wilkinson, CA (BBA, 1991) — Partner, National Leader for Control Assurance Deloitte & Touche LLP
  • 2003: Debi Rosati, CA (BAcc, 1984) — Venture Capitalist
  • 2004: Dr. Paul Ingram (BBA, 1990) — Professor, Columbia University
    Columbia University
    Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...

  • 2005: Debbie Sevenpifer CA (BAdmin, 1987) — President & CEO, Niagara Health System
    Niagara Health System
    The Niagara Health System is Ontario's largest multi-site hospital amalgamation, comprising the following seven sites serving 434,000 residents across the 12 municipalities making up the Regional Municipality of Niagara, Canada....

  • 2006: Dr. Stephen Young (BAcc, 1991) — Managing Director of Accounting Policy, Citigroup
    Citigroup
    Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate...

    ’s Corporate and Investment Bank (CIB)
  • 2007: Jim Ryan, CA (BAdmin, 1984) — CEO, St. Minver Limited
  • 2008: John Zoccoli, CA (BAdmin, 1986) — President, Jamzoc Holdings Limited
  • 2009: James MacLellan (BAdmin, 1987) — Partner, Borden Ladner Gervais LLP

External links

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