DeGroote School of Business
Encyclopedia
The DeGroote School of Business is one of six faculties at McMaster University
in Hamilton, Ontario
, Canada
. The School of Business was founded in 1952 but was renamed in 1992 in honour of successful Canadian entrepreneur and philanthropist Michael G. DeGroote
. The DeGroote school offers (Hon) B.Commerce, MBA and Ph.D.
degrees.
The current interim dean
is Dr. Bob McNutt, the Director of the Canadian Research Data Centre Network.
The business school is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
degree. The program's first two years provide a foundation of business, while the latter two years are for specialization in a functional business area. Once students have completed their second year at the school, they are then admitted to either the honours commerce program or to the regular B.Comm program. To enter into the honours program, students must have completed all required courses with no failures and have a cumulative average of at least 6.0. After the third year, DeGroote Commerce students have an internship option, with a term of 8 to 16 months. Partners for the internship program include Procter & Gamble
, Dofasco
, Deloitte, IBM
and Ford.
MBA option was added. DeGroote is differentiated from other Canadian business schools by its focus on experiential learning through co-op. Also unique to DeGroote is a specialization in Health Services Management. A typical graduating class consists of 30% Finance, 30% Health, and 25% Marketing majors; the school also offers Accounting, Strategic Business Valuation, eBusiness, Innovation & New Technology, Operations Management, Information Systems and Human Resources streams. Because of the co-op option, the school's average age is relatively young (typically 25-26 at admission); the co-op MBA is the longest full-time MBA in Canada, at 28 months.
The DeGroote Marketing Association is coordinating Canada's Next Top Ad Exec, the first nationwide marketing and advertising competition in Canada
.
The DMA also coordinates the MARS Apprentice, a team-based case competition similar to the TV show of the same name.
McMaster University
McMaster University is a public research university whose main campus is located in Hamilton, Ontario, Canada. The main campus is located on of land in the residential neighbourhood of Westdale, adjacent to Hamilton's Royal Botanical Gardens...
in Hamilton, Ontario
Hamilton, Ontario
Hamilton is a port city in the Canadian province of Ontario. Conceived by George Hamilton when he purchased the Durand farm shortly after the War of 1812, Hamilton has become the centre of a densely populated and industrialized region at the west end of Lake Ontario known as the Golden Horseshoe...
, 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 School of Business was founded in 1952 but was renamed in 1992 in honour of successful Canadian entrepreneur and philanthropist Michael G. DeGroote
Michael DeGroote
Michael G. DeGroote, OC is a Canadian businessman and philanthropist from Hamilton, Ontario who currently resides in Bermuda. Aside from his business career, he is best known as a major private donor to local educational institutions such as McMaster University and Hillfield Strathallan...
. The DeGroote school offers (Hon) B.Commerce, MBA and Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...
degrees.
The current interim dean
Dean (education)
In academic administration, a dean is a person with significant authority over a specific academic unit, or over a specific area of concern, or both...
is Dr. Bob McNutt, the Director of the Canadian Research Data Centre Network.
The business school is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
Commerce Program
The school offers a reputable Bachelor of CommerceBachelor of Commerce
A Bachelor of Commerce is an undergraduate degree in commerce and related subjects. The degree is also known as the Bachelor of Commerce and Administration, or BCA...
degree. The program's first two years provide a foundation of business, while the latter two years are for specialization in a functional business area. Once students have completed their second year at the school, they are then admitted to either the honours commerce program or to the regular B.Comm program. To enter into the honours program, students must have completed all required courses with no failures and have a cumulative average of at least 6.0. After the third year, DeGroote Commerce students have an internship option, with a term of 8 to 16 months. Partners for the internship program include Procter & Gamble
Procter & Gamble
Procter & Gamble is a Fortune 500 American multinational corporation headquartered in downtown Cincinnati, Ohio and manufactures a wide range of consumer goods....
, Dofasco
Dofasco
Dofasco is a steel company based in Hamilton, Ontario, Canada, which is also home to longtime Canadian rival Stelco. Dofasco is currently a standalone subsidiary of ArcelorMittal, the world's largest steel producer. Previously ordered by the U.S...
, Deloitte, IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
and Ford.
MBA Program
The MBA program was introduced in 1968 and in 1973, the Co-opCooperative education
Cooperative education is a structured method of combining classroom-based education with practical work experience. A cooperative education experience, commonly known as a "co-op", provides academic credit for structured job experience...
MBA option was added. DeGroote is differentiated from other Canadian business schools by its focus on experiential learning through co-op. Also unique to DeGroote is a specialization in Health Services Management. A typical graduating class consists of 30% Finance, 30% Health, and 25% Marketing majors; the school also offers Accounting, Strategic Business Valuation, eBusiness, Innovation & New Technology, Operations Management, Information Systems and Human Resources streams. Because of the co-op option, the school's average age is relatively young (typically 25-26 at admission); the co-op MBA is the longest full-time MBA in Canada, at 28 months.
Allen H. Gould Trading Floor
The school also houses the Allen H. Gould Trading Floor, a state-of-the-art educational tool that enables students to experience the relationships and interactions of the financial markets. It is one of the first such facilities in North America, one of three in Canada, and one of only 30 in the world.Student Clubs and Associations
Both graduate and undergraduate students have access to various clubs and associations within the DeGroote School of Business. At this time, students may join- MBA Association
- Commerce Society
- E-Commerce Society
- McMaster Student Union Club Listing
- DeGroote Human Resources Association
- DeGroote Corporate Social Initiatives
- DeGroote Marketing Association
- DeGroote Accounting Association
- DeGroote Finance Association
- DeGroote Entrepreneur Association (which doubles as McMaster's SIFE club)
- DeGroote Women in Management Association
- MAC Investment Club
The DeGroote Marketing Association is coordinating Canada's Next Top Ad Exec, the first nationwide marketing and advertising competition in 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 DMA also coordinates the MARS Apprentice, a team-based case competition similar to the TV show of the same name.