Queen's School of Business
|School of Business|
|Academic affiliation||Queen's University|
|Location||Kingston, Ontario, Canada|
|Colours||Red, blue, and gold
The Queen's School of Business is located in Queen's University in Kingston, Ontario, Canada. The school offers undergraduate and graduate programs as a part of Queen's University, but is managed separately with its own dean and budget. The school of business became its own faculty in 1963 with its first dean, Lawrence Macpherson. The current dean at the Queen's School of Business is Dr. David Saunders, who also founded the MBA Japan Program in Tokyo when he was associate dean at the Faculty of Management of McGill University in Montreal.
Queen's Commerce is one of Canada’s oldest and most prestigious undergraduate business program, established in 1919. Since 2006, the Queen's School of Business MBA program has been ranked by Business Week number one internationally, outside the United States.
- 1 Programs
- 1.1 Undergraduate
- 1.2 Graduate
- 2 Location
- 3 Student Involvement
- 4 Rankings
- 5 Notable Alumni
- 6 References
- 7 External links
Today, the Queen's School of Business offers a variety of business programs, including:
- Queen's Bachelor of Commerce
- Queen's Full-Time MBA (previously Queen's MBA for Science and Technology)
- Queen's Executive MBA
- Cornell-Queen's Executive MBA (joint program with the Samuel Curtis Johnson Graduate School of Management at Cornell University)
- Accelerated MBA for Business Graduates
- Queen's MSc in Management
- Queen's PhD in Management
- Queen's Master of International Business
- Queen's Graduate Diploma in Accounting
- Queen's Master of Management in Finance
- Queen's Master of Management Analytics
Queen's Commerce Program
The Commerce program is the QSB's undergraduate business program. It is known for its reputation as the most prestigious undergraduate business program in Canada and its extremely selective admission process. Students are selected based on academic excellence and extraordinary extracurricular involvement. In 2012, the mean entrance average was 91.1%, with 13.5% of students achieving an entrance average of over 95%.
Queen's Commerce is the most selective undergraduate program at Queen's University and one of the most selective in Canada. Prior to 2010, the admission rate fluctuated in the 6% to 7% range, with approximately 300 students admitted per year. The program expanded in 2010, in preparation for a larger class size of approximately 450 students beginning in 2011. For September 2013 entrance, QSB's Commerce Program received a record 5,498 applications for 450 spots, resulting in an 8.1% admission rate.
In 2012, 96% of graduates acquired quality jobs within 6 months of graduation. The average base salary (not including signing bonus or other guaranteed compensation) was $52,510/yr, with a top base salary of $100,000. On-campus recruiters include Goldman Sachs, RBC, TD, JP Morgan, Morgan Stanley, Citibank, CPP Investment Board, McKinsey & Co., Bain & Company, Boston Consulting Group, Oliver Wyman, Apple, SNC Lavalin, P&G, Unilever, PricewaterhouseCoopers, Deloitte, Ernst & Young, KPMG, and many more.
The undergraduate business exchange program is the most developed in Canada, with approximately 85% of third-year Commerce class participating in an international exchange. Students generally study for a semester abroad at one of more than 95 highly respected partner schools in 35 countries around the world, which include HEC Paris, ESADE Business School, University of Mannheim, Peking University, Hong Kong University of Science and Technology, Tsinghua University, National University of Singapore, and Cass Business School. Instead of exchange, the program also allows for study at the Bader International Study Centre (BISC) at the Herstmonceux Castle in England. A third option is to complete an internship at The Washington Center.
The program hosts the Queen's Commerce Society, which is the largest undergraduate business student society in Canada, and one of the largest in North America. They oversee 25 student committees and 14 conferences/case competitions, many of which serve the Canadian undergraduate business student pool, as well as international students.
The Queen's Full-time MBA program (previously Queen's MBA for Science and Technology) was ranked as the number one full-time MBA program in Canada and number one outside of the U.S. by bi-annual ranking of Business Week in 2004, 2006 and 2008. Environics ranked the Queen's Full-time MBA program number one in Canada in 2006 in their Report on Executive Education in Canada. In the 2012 QS Global 200 Business Schools Report the school was indexed as the 3rd best business school in Canada and the 16th best business school in North America.
Accelerated MBA for Business Graduates
The Queen's Accelerated MBA for Business Graduates is a 12 month program that is targeted towards those who have already obtained an undergraduate degree in business, so rather than relearning concepts students can obtain an MBA in a minimal amount of time while continuing to work. Students are required to have an undergraduate degree in business with a minimum B average, two years work experience, outstanding letters of reference and a minimum GMAT score of 550 or QMAT equivalent. Some candidates may require additional testing of their knowledge of management fundamentals and/or English as a Foreign Language (TOEFL) scores.
The Queen's Executive MBA program has been ranked as the best program in Canada for Executive MBAs by BusinessWeek and Environics. The program is 16 months in length and the admission decision is dependent on the applicants management experience, references, previous academic experience, QMAT (or GMAT) scores and a personal interview. There is no application fee as the process is purely competitive. The average Queen's Executive MBA student has an age of 35 years, but may be up to 50 years old, and boasts a minimum of 13 years working experience.
Cornell-Queen's Executive MBA
The Cornell-Queen's Executive MBA program offers a 17 month MBA program that gives students the opportunity to earn an MBA from Queen's University and from the Samuel Curtis Johnson Graduate School of Management at Cornell University that may be completed while continuing to work. Student applications are considered on the basis of their management experience, references, previous academic experience, QMAT or GMAT score and, for some applicants, a personal interview. All applicants must qualify for a U.S. Study Visa.
Master of International Business
The Queen's Master of International Business is a 12－20 month single or double degree program that focuses on international business curriculum and cross-cultural experience.
Applicants must have a minimum average of B+ in their four-year undergraduate business-related degree, written a GMAT or GRE and an English comprehension test if the applicant's native language is not English and their undergraduate university studies were taken in a language other than English.
Master of Science in Management
The Queen's Master of Science in Management (MSc) is a 12 month program that is divided up into three full terms of study, starting with the fall term in September and ending with the summer term. Research is focused upon one of seven fields of study: accounting, finance, management information systems, marketing, organizational behavior, management science and managerial economics. The MSc program allows for an advanced level of conceptual foundations in your chosen field which would aid highly focused research.
Applicants must have a minimum average of B+ in their four-year undergraduate degree in a discipline that is related to their field of interest (e.g. an honours BA in Economics would be suitable for an MSc in Finance), have written a GMAT or GRE and a TOEFL if English is not their native language. The role of the MSc program is to prepare students for higher level study in a doctoral program of their choice.
The Queen's School of Business PhD program is rooted in the idea that there are substantial benefits in selecting both a major and a minor for developing analytic and research skills. Students select one major area of study from five; accounting, finance, management information systems, marketing, organizational behavior, management science and managerial economics, and a minor from within or outside of the school of business. The first two years of the Doctoral program consist of traditional courses and a research workshop with faculty to help develop research skills, and the last two years are dedicated to the development of the students thesis and dissertation. The philosophy is that the major goal of a doctoral program should be to develop the next generation of scholars and researchers so the program is geared towards developing a healthy breadth of knowledge to better aid each student's thesis.
Applicants typically have an A average in their Master's degree and are in the 85th percentile for their GMAT scores. They are expected to provide outstanding letters of recommendation, a well-developed statement of purpose and a TOEFL score of 600 if English is not their native language.
Master of Finance
The Queen's Master of Finance program is designed for aspiring investment bankers, asset managers and financial analysts. This intensive 10-month program combines residential sessions in Kingston with classes one evening per week and every other Saturday at the program's downtown Toronto facility. The curriculum includes extensive preparation for CFA exams and eventual CFA designation. Admission requirements include an undergraduate degree from a recognized university, a minimum of two years relevant work experience, successful completion of the GMAT, QMAT GRE or equivalent and two letters of reference.
Graduate Diploma in Accounting
The Queen's Graduate Diploma in Accounting is a 12-week program consisting of four accounting courses that meet CA certification requirements. Classes take place two days a week from early May until mid-July, with six hours of daily course work supplemented by individual study and course preparation. Admission requirements include an undergraduate degree with an emphasis on accounting and several course prerequisites.
Almost all business classes are held in Goodes Hall, which sits at the upper-west corner of Queen's University campus. The building is named in honour of the family of Mel Goodes, a Commerce ‘57 alumnus and former Chairman & CEO of Warner-Lambert worldwide. Goodes Hall combines the history of Victoria School, a preserved 1892 schoolhouse, with the contemporary design, architecture and cutting-edge learning tools of a modern business school.
Built in 1892 on the occasion of Canada's 25th birthday and named after Queen Victoria, Victoria School is one of the oldest and most ornate in Canada. It served the Kingston community as an elementary school until it was closed in 1985. Queen's purchased the property in the early 1990's, using it for the Registrar's office until it was designated as the site of Goodes Hall in 1999.
Numerous historical elements of Victoria School have been preserved and incorporated into Goodes Hall. For example, plaques and room signage recognizing the building's donors have been custom-carved from the original slate blackboards that were first installed in Victoria School in the 1890s. During construction of Goodes Hall, the original 1892 schoolhouse blackboards were uncovered, revealing a handwritten honour roll dating back to 1934. This honour roll has been preserved and was showcased at the opening of Goodes Hall.
Many other original architectural details have been preserved and refinished, such as the grand maple staircase, maple wainscoting and tin ceilings. Original design elements have been maintained as well. For example, the original circa-1892 classrooms continue to be used as classrooms in Goodes Hall, complete with airy 14-foot ceilings, and the school's original exterior doors have been preserved as a ceremonial entrance to the building.
The design of Goodes Hall is consistent with Queen's University's philosophy of "construction with respect for history," and the belief that new buildings should be tastefully integrated with the historic surroundings of Kingston, Ontario.
September 2012 marked the completion of a significant expansion of Goodes Hall, increasing the size of the facility by 75,000 feet to a total of 188,000 square feet. The expansion includes several new state-of-the-art classrooms, student breakout rooms, 51 additional faculty offices and many enhanced features for students.
Peter Berton, partner-in-charge of the Toronto office of architectural firm The Ventin Group, was the lead architect on Goodes Hall.
The Queen's School of Business opened its first foreign campus in Dubai, United Arab Emirates, at the DIFC on May 25, 2007. Classes started in October 2007. The campus will mainly host Queen's executive development programs.
Established in 1967, many activities and conferences are organized and run by the Queen’s University Commerce Society, commonly referred to as ComSoc. There are also numerous external opportunities students can participate in outside of the business school. The following is not a comprehensive list of conferences/competitions/committees overseen by the Queen's Commerce Society.
- Commerce and Engineering Environmental Conference (CEEC) 
- Queen's Advanced Canadian Entrepreneurship (QACE)
- Queen's Conference on the Business Environment Today(QBET)
- Queen's Business Forum on the Fashion Industry (QBFFI) 
- Queen's Conference on International Business (QCIB) 
- Queen's Finance Association Conference (QFAC)
- Queen's Leadership, Excellence and Development (QLEAD) 
- Queen's Marketing Associating Conference (QMAC) 
- Queen's Sports Industry Conference (QSIC)
- Queen's Women in Leadership (QWIL)
- Queen's Commerce Corporate Challenge (Q3C) 
- Queen's Entrepreneur's Competition (QEC) 
- Queen's Case Competition (QCC)
- Commerce Kids
- Cure Cancer Classic
- Queen's Commerce Initiative Abroad (Q'CIA)
- Queen's Micro-Credit Challenge (QMCC)
- Queen's Non-Profit Gateway
- Student in Free Enterprise (SIFE Queen's)
- Student Faculty Academics Committee (StuFAC)
- Queen's Accounting Association (QAA)
- Queen's Consulting Association (QCA)
- Queen's Commerce Trading Competition (QCTC)
- Queen's Energy and Commodities Association (QECA)
- Queen's Global Markets (QGM)
- Queen's Real Estate Association (QRA)
- Queen's Commerce Law Association (QCLA)
- Queen's Commerce Athletics Committee (QCAC)
- Mentor and Alumni Committee (M&A)
- Queen's Business Review 
- Queen's University Business Engagement (QUBE)
- CREO Solutions
BusinessWeek (USA) Queen’s Full–Time MBA (Nov 2010)
- 1st in Canada
- 2nd internationally
Queen’s Executive Education (Nov 2009)
- 1st in Canada
- 19th in the world
Queen’s Executive MBA (Nov 2009)
- 1st in Canada
- 25th in the world
2010 Environics Report (http://business.queensu.ca/about_us/docs/Environics_Report.pdf)
Queen’s Executive MBA
- 1st in Canada
Queen’s Executive Education
- 1st in Canada
QS Global 200 Business School Report 2012 Queen's Full-Time MBA
- 3rd in Canada
- 16th in North America
Financial Times (UK) Queen’s Executive Education (May 2010)
- 26th in the world
This is partial list of notable alumni of Queen's School of Business.
- Andrew Chisholm, Chief Strategy Officer, Goldman Sachs 
- Gordon Nixon, President, CEO, and Director, Royal Bank of Canada
- John Stackhouse, Editor-in-Chief, The Globe and Mail
- Suneel Bakhshi, President and CEO, Citigroup Global Markets Japan
- Bob Dorrance, Chairman, CEO and President, TD Securities
- Alain Auclair, Head of Investment Baking, UBS Canada
- Bruce Sellery, Author and Former Anchor, Business News Network
- Edward Speal, President and CEO of BNP Paribas Canada 
- Christopher Viehbacher, CEO, Sanofi
- Dame Pamela Banks, Former Premier of Bermuda 
- Don Carty, Chairman, Porter Airlines, Virgin America; Chairman, Big Brothers Big Sisters of America; Vice Chairman, Dell; Former CEO, AMR Corp
- Jerry Del Missier, Former COO and Co-Chief Executive of the Corporate and Investment Bank, Barclays PLC 
- Kimbal Musk, Co-Owner of Tesla Motors
- Melvin Goodes, Former Chairman and CEO, Warner-Lambert
- Jim Leech, President and CEO, Ontario Teachers' Pension Plan Board 
- Thomas O'Neill, Chair of the Board, BCE and Bell Canada 
- Bryan A. Pearson, CEO and President, LoyaltyOne 
- Brian Wardrop, CEO, Belvall Investments 
- John Prato, Canada's Consul General in New York 
- Jason Capello, Co-Founding Partner, Merchant's Gate Capital 
- David Hutton, Former Ambassador to UAE 
- Douglas Peters, Former Secretary of State for International Financial Institutions 
- Stewart Beck, Canada's High Commissioner to India 
- Michael Kehoe, CEO, Cosmetica Laboratories 
- Michael Nowlan, President and CEO, Marketwire
- David Shaw, CEO, Knightsbridge Human Capital 
- Ian Friendly, Executive Vice President and COO, General Mills 
- Chris J. B. Clark, Former CEO, PricewaterhouseCoopers Canada 
- David Sculthorpe, CEO, Heart and Stroke Foundation of Canada 
- Donald Sobey, Chair Emeritus, Empire Company 
- Doug McIntosh,CEO & Managing Director, Alvarez & Marsal Canada ULC 
- Frank Vettese,Chief Executive & Managing Partner, Deloitte 
- "Queen's University Visual Identity Guide". Queen's University. Retrieved 30 November 2012.
- Porter, Jane (2008-11-13). "International B-Schools Have Unique Appeal". BusinessWeek. Retrieved 2010-06-10.
- Queen's School of Business - International Exchange
- About Us
- [dead link]
- "layout" (PDF). Retrieved 2010-06-10.
- "QS Global 200 Business Schools Report 2012, North America".
- "QS Global 200 Business School Report 2012".
- "Queen's School of Business - Media and News - 2006 News - QUEEN’S MBA REPEATS #1 BUSINESSWEEK RANKING". Business.queensu.ca. Retrieved 2010-06-10.
- "Queen's School of Business - Executive MBA - National Program". Business.queensu.ca. 2010-04-26. Retrieved 2010-06-10.
- "Queen's School of Business - Media and News - 2007 News - Queen's School of Business Opens Dubai Campus". Business.queensu.ca. Retrieved 2010-06-10.
- Commerce and Engineering Environmental Conference
- Queens Advancing Canadian Entrepreneurship
- QLEAD - Queen's Leadership, Excellence, and Development Conference
- Queen's Marketing Association Conference
- Queens Sports Industry Conference
- Inter-Collegiate Business Competition
- Welcome to the Queen's Entrepreneurs' Competition
- "Queen's Global Markets".
- "Queen's Business Review".
- "QS Global 200 Business School Report 2012-North America".
- "Gordon Nixon Wiki".
- John Stackhouse - The Globe and Mail
- Ready for his Close-Up | QSB Magazine
- University Secretariat - Biographical Sketches
- Sanofi - Christopher A. Viehbacher
- Year in Review 2011-2012
- Donald Carty: Executive Profile & Biography - Businessweek
- Barclays' Jerry Del Missier and Rich Ricci: profiles - Telegraph
- Tesla - Board of Directors
- QSB Campaign Cabinet | Invest in Queen’s School of Business
- Bryan Pearson: Executive Profile & Biography - Businessweek
- Bay Street Meets Wall Street | QSB Magazine
- Douglas Peters, BCom'63 | QSB Magazine
- Our Man in New Delhi | QSB Magazine
- Micheal Nowlan and Marketwire | QSB Magazine
- Mr. Friendly Goes to Washington | QSB Magazine
- Queen's School of Business - About Us - Advisory Board
- Queen's School of Business Website
- Queen's University Website
- Queen's Commerce Online Portal
- Queen's Commerce Society
- Queen's Leadership, Excellence and Development Conference (QLEAD)
- Queen's Conference on the Business Environment Today (Q'BET)