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<!DOCTYPE html> <html lang="en" xmlns:og="http://ogp.me/ns#" xmlns:article="http://ogp.me/ns/article#" xmlns:book="http://ogp.me/ns/book#" xmlns:profile="http://ogp.me/ns/profile#" xmlns:video="http://ogp.me/ns/video#" xmlns:product="http://ogp.me/ns/product#"> <head profile="http://www.w3.org/1999/xhtml/vocab"><script type="text/javascript" src="https://web-static.archive.org/_static/js/bundle-playback.js?v=7YQSqjSh" charset="utf-8"></script> <script type="text/javascript" src="https://web-static.archive.org/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="https://web-static.archive.org/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("https://www.mcgill.ca/mbanext50/50-years-impact","20220114160157","https://web.archive.org/","web","https://web-static.archive.org/_static/", "1642176117"); </script> <link rel="stylesheet" type="text/css" href="https://web-static.archive.org/_static/css/banner-styles.css?v=p7PEIJWi" /> <link rel="stylesheet" type="text/css" href="https://web-static.archive.org/_static/css/iconochive.css?v=3PDvdIFv" />  <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <meta name="mcgill:pubdate" content="2018-06-28T18:06:16Z"/> <meta name="mcgill:language" content="en"/> <script type="application/ld+json">{"@context":"https:\/\/web.archive.org\/web\/20220114160157\/http:\/\/schema.org","@type":"CollegeOrUniversity","name":"McGill University","url":"https:\/\/web.archive.org\/web\/20220114160157\/https:\/\/www.mcgill.ca","sameAs":["https:\/\/web.archive.org\/web\/20220114160157\/http:\/\/www.facebook.com\/McGillUniversity","https:\/\/web.archive.org\/web\/20220114160157\/http:\/\/www.linkedin.com\/edu\/mcgill-university-10890","https:\/\/web.archive.org\/web\/20220114160157\/http:\/\/twitter.com\/mcgillu","https:\/\/web.archive.org\/web\/20220114160157\/http:\/\/www.instagram.com\/mcgillu\/","https:\/\/web.archive.org\/web\/20220114160157\/http:\/\/www.youtube.com\/mcgilluniversity"]}</script> <meta name="description" content="Here is a glimpse of our remarkable MBA achievements and milestones over the past 50 years. Together we will build on our successes for the NEXT 50 years of impact. Don LewtasThanks to generous financial investments from alumni and friends, as well as that of their personal time and professional expertise, our MBA has been gaining momentum for the last 10 years. We are confident that our MBA program is the best catalyst to enable top students to embark on transformative and impactful careers.” - Don Lewtas, CFO Onex Corporation, Desautels Advisory Board Chair Milestones 1906 Management education begins at McGill Management education begins at McGill University. The Department of Commerce is established within the Faculty of Arts, offering “commercial courses to train people as accountants, clerks, and the like.” A Diploma of Commerce is awarded to students completing the two-year program. 1965 First MBA Class McGill graduates its first MBA class. Businessman and future McGill benefactor Seymour Schulich is one of the graduates. 1968 Faculty of Management The Faculty of Management of McGill University is established, incorporating the School of Commerce and the Graduate School of Business Administration. 1972 Samuel Bronfman Building The Samuel Bronfman Building is inaugurated, providing the Faculty of Management with a modern new home on Sherbrooke Street. A generous donation from the Bronfman family makes the building possible. 1976 PhD Program The Faculty of Management initiates a joint PhD program with Concordia University, École des Hautes Études Commerciales (HEC) of the Université de Montréal, and Université du Québec à Montréal (UQAM). 1978 MBA/Law Program The joint MBA/Law program receives approval. Applications begin in 1979. 1988 Applied Investments Program In an effort to provide a much-needed link between financial market theory and practical investment experience, McGill pioneers the Applied Investments Program, which was the first program of its kind in Canada. 1991 International Advisory Board Chaired by Paul Desmarais Jr. (BCom’77), an International Advisory Board is established to seek management education advice from leading Canadian and foreign business leaders. 1996 MD/MBA Program The Faculty launches the Joint MD/MBA program—the first of its kind in Canada. 1998 MBA Japan Program The Faculty launches the MBA Japan program, the first Canadian degree program offered in Japan. 2005 $22 Million donation from Marcel Desautels On November 17, the Canadian Credit Management Foundation and Dr. Marcel Desautels CM, O.Ont., LLD’07, donate $22 million to the Faculty. The gift allows our Faculty to invest in the MBA program curriculum, renovate facilities, enhance career services and hire new professors. It is the largest single donation ever made to a business or management faculty in Canada. The Faculty is named the Desautels Faculty of Management of McGill University. 2008 $10 Million donation from Marcel Desautels & MDIIM Creation / Joint EMBA Program Another $10 million donation from Dr. Marcel Desautels creates the Marcel Desautels Institute for Integrated Management (MDIIM) and contributes to the formation of the innovative Integrated MBA curriculum, a new, cohesive direction to the Faculty under the integrated management approach. The Faculty launches the bilingual joint Executive MBA (EMBA) program with HEC Montréal. 2009 Hot Cities of the World Tour The first-ever Hot Cities of the World Tour begins, taking BCom and MBA students to Israel. 2010 MBA / PMBA / MBA Japan The MBA program becomes self-funded, allowing us innovate and invest in the right areas and solidify our position among the world’s top MBA programs. The Faculty evaluates and redesigns the Professional Part-Time MBA and MBA Japan program under the integrated management umbrella. 2011 Self-funded MBA The Québec Ministry of Education approves our MBA as a distinct international program within Quebec, allowing us to be the only MBA in the province to be self-funded while forgoing government subsidies, giving us increased flexibility and self-reliance. 2013 Hult Prize / MBA International Study Trip / EQUIS Desautels MBA students Mohammed Ashour (MD-MBA), Shobhita Soor (LLB-MBA), Jesse Pearlstein, Zev Thompson and Gabe Mott triumph over 10,000 applicants from around the world to win the 2013 Hult Prize of $1 million toward their social enterprise (sponsored by the Clinton Global Initiative). The MBA program introduces a mandatory International Study Trip to enhance its globally-oriented curriculum. The full-time class visits Tokyo, Japan, and the part-time class heads to Buenos Aires, Argentina. The European Foundation for Management Development (EFMD) grants the Desautels Faculty of Management the European Quality Improvement System (EQUIS) accreditation for a five-year period. 2014 MBA Next 50 Campaign New gift from Dr. Marcel Desautels lays the groundwork for the MBA Next 50 campaign. 2015 MBA turns 50 2015 marks the 50th anniversary of the first graduating MBA class at McGill. Read about the campaign launch and how the Faculty celebrated this landmark anniversary. Top Impact Maker Seymour Schulich, proposes that the new MBA Building be named in honour of Professor Don E. Armstrong, PhD’54 (1925-2011), founder of our MBA. Feb. 2016 Masters of Management in Finance In response to the need for a program that integrates advanced financial concepts and quantitative methods with real-world business practices, the Desautels Faculty of Management launched the Masters of Management in Finance (MMF) in February. As a pre-experience, 12-month program, the MMF welcomed its first cohort in the summer of 2016. 2016 Future Home of the MBA April 14 2016 The Desautels International Advisory Board, pictured with Dean Isabelle Bajeux-Besnainou, has championed the new building and future home of the MBA. At their last meeting, the Board posed under the announcement of the future home of the MBA and Masters programs. June-Sept 2016 McGill University approves naming of building and renovations begin November 2016 Gift from the Schulich Foundation to the MBA Next 50 campaign Jan. 25, 2017 Donald E. Armstrong MBA Campaign update; announcement that the new MBA Building will be named in honour of Professor Don E. Armstrong, founder of our MBA. Panoramic view of ground floor, MBA and Masters building Panoramic view of 3rd floor, MBA and Masters building Panoramic view of basement, MBA and Masters building July 2017 MBA Campaign Update MBA Campaign update; new panoramic photos of Armstrong Building progress May 2017: Panoramic view of 3rd floor, MBA and Masters building July 2017: Panoramic view of 3rd floor, Event Space, MBA and Masters building July 2017: Panoramic view of 2nd floor, Hall and classrooms, MBA and Masters building Jan. 2018 Donald E. Armstrong Building The MBA & Specialized Masters programs move into the new Armstrong Building named for Professor Donald E. Armstrong, PhD’54 (1925-2011). The 48,666 sq. ft. expansion brings new dedicated teaching and learning spaces that benefit all in the Faculty. While the building opened for students as of January 2018, the grand opening took place over May 25-27, 2018. Jan. 2018 Masters of Management in Analytics In response to the growing needs of organisations (for profit, non-profit, governmental) for business analytics, the Desautels Faculty of Management launched the Masters of Management in Analytics (MMA) program in 2018. The MMA degree is a pre-experience, twelve-month specialized program in the evolving field of management analytics. The MMA welcomed its first cohort in the summer of 2018. May 2018 MBA Next 50 Campaign Celebration Video of MBA Next 50 Celebration Thanks to incredible donor support, Desautels has a new home for our Masters programs - and extra space for our BCom students. Donors also created 34 new MBA awards for the #1 MBA Program in Canada and named more than 140 MBA Lockers. On May 25th and 26th, hundreds of donors and alumni gathered to celebrate this success. Now Desautels has a building and suite of awards that match our ambitions and accomplishments as a Faculty. See photos June 2018 EQUIS re-accreditation The European Quality Improvement System (EQUIS) Accreditation Board rendered its decision to re-accredit the Desautels Faculty of Management for a five-year period – the maximum term granted by the European Foundation for Management Development (EFMD) through EQUIS. Explore a timeline of McGill University's history > These historical notes were last updated on June 26, 2018."/> <meta name="generator" content="Drupal 7 (http://drupal.org)"/> <link rel="canonical" href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/mbanext50/50-years-impact"/> <link rel="shortlink" href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/mbanext50/node/590"/> <meta property="og:type" content="website"/> <meta property="og:site_name" content="MBA Next 50"/> <meta property="og:title" content="50 Years of Impact"/> <meta property="og:url" content="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/mbanext50/50-years-impact"/> <meta property="og:description" content="Here is a glimpse of our remarkable MBA achievements and milestones over the past 50 years. Together we will build on our successes for the NEXT 50 years of impact. Don LewtasThanks to generous financial investments from alumni and friends, as well as that of their personal time and professional expertise, our MBA has been gaining momentum for the last 10 years. We are confident that our MBA program is the best catalyst to enable top students to embark on transformative and impactful careers.” - Don Lewtas, CFO Onex Corporation, Desautels Advisory Board Chair Milestones 1906 Management education begins at McGill Management education begins at McGill University. The Department of Commerce is established within the Faculty of Arts, offering “commercial courses to train people as accountants, clerks, and the like.” A Diploma of Commerce is awarded to students completing the two-year program. 1965 First MBA Class McGill graduates its first MBA class. Businessman and future McGill benefactor Seymour Schulich is one of the graduates. 1968 Faculty of Management The Faculty of Management of McGill University is established, incorporating the School of Commerce and the Graduate School of Business Administration. 1972 Samuel Bronfman Building The Samuel Bronfman Building is inaugurated, providing the Faculty of Management with a modern new home on Sherbrooke Street. A generous donation from the Bronfman family makes the building possible. 1976 PhD Program The Faculty of Management initiates a joint PhD program with Concordia University, École des Hautes Études Commerciales (HEC) of the Université de Montréal, and Université du Québec à Montréal (UQAM). 1978 MBA/Law Program The joint MBA/Law program receives approval. Applications begin in 1979. 1988 Applied Investments Program In an effort to provide a much-needed link between financial market theory and practical investment experience, McGill pioneers the Applied Investments Program, which was the first program of its kind in Canada. 1991 International Advisory Board Chaired by Paul Desmarais Jr. (BCom’77), an International Advisory Board is established to seek management education advice from leading Canadian and foreign business leaders. 1996 MD/MBA Program The Faculty launches the Joint MD/MBA program—the first of its kind in Canada. 1998 MBA Japan Program The Faculty launches the MBA Japan program, the first Canadian degree program offered in Japan. 2005 $22 Million donation from Marcel Desautels On November 17, the Canadian Credit Management Foundation and Dr. Marcel Desautels CM, O.Ont., LLD’07, donate $22 million to the Faculty. The gift allows our Faculty to invest in the MBA program curriculum, renovate facilities, enhance career services and hire new professors. It is the largest single donation ever made to a business or management faculty in Canada. The Faculty is named the Desautels Faculty of Management of McGill University. 2008 $10 Million donation from Marcel Desautels & MDIIM Creation / Joint EMBA Program Another $10 million donation from Dr. Marcel Desautels creates the Marcel Desautels Institute for Integrated Management (MDIIM) and contributes to the formation of the innovative Integrated MBA curriculum, a new, cohesive direction to the Faculty under the integrated management approach. The Faculty launches the bilingual joint Executive MBA (EMBA) program with HEC Montréal. 2009 Hot Cities of the World Tour The first-ever Hot Cities of the World Tour begins, taking BCom and MBA students to Israel. 2010 MBA / PMBA / MBA Japan The MBA program becomes self-funded, allowing us innovate and invest in the right areas and solidify our position among the world’s top MBA programs. The Faculty evaluates and redesigns the Professional Part-Time MBA and MBA Japan program under the integrated management umbrella. 2011 Self-funded MBA The Québec Ministry of Education approves our MBA as a distinct international program within Quebec, allowing us to be the only MBA in the province to be self-funded while forgoing government subsidies, giving us increased flexibility and self-reliance. 2013 Hult Prize / MBA International Study Trip / EQUIS Desautels MBA students Mohammed Ashour (MD-MBA), Shobhita Soor (LLB-MBA), Jesse Pearlstein, Zev Thompson and Gabe Mott triumph over 10,000 applicants from around the world to win the 2013 Hult Prize of $1 million toward their social enterprise (sponsored by the Clinton Global Initiative). The MBA program introduces a mandatory International Study Trip to enhance its globally-oriented curriculum. The full-time class visits Tokyo, Japan, and the part-time class heads to Buenos Aires, Argentina. The European Foundation for Management Development (EFMD) grants the Desautels Faculty of Management the European Quality Improvement System (EQUIS) accreditation for a five-year period. 2014 MBA Next 50 Campaign New gift from Dr. Marcel Desautels lays the groundwork for the MBA Next 50 campaign. 2015 MBA turns 50 2015 marks the 50th anniversary of the first graduating MBA class at McGill. Read about the campaign launch and how the Faculty celebrated this landmark anniversary. Top Impact Maker Seymour Schulich, proposes that the new MBA Building be named in honour of Professor Don E. Armstrong, PhD’54 (1925-2011), founder of our MBA. Feb. 2016 Masters of Management in Finance In response to the need for a program that integrates advanced financial concepts and quantitative methods with real-world business practices, the Desautels Faculty of Management launched the Masters of Management in Finance (MMF) in February. As a pre-experience, 12-month program, the MMF welcomed its first cohort in the summer of 2016. 2016 Future Home of the MBA April 14 2016 The Desautels International Advisory Board, pictured with Dean Isabelle Bajeux-Besnainou, has championed the new building and future home of the MBA. At their last meeting, the Board posed under the announcement of the future home of the MBA and Masters programs. June-Sept 2016 McGill University approves naming of building and renovations begin November 2016 Gift from the Schulich Foundation to the MBA Next 50 campaign Jan. 25, 2017 Donald E. Armstrong MBA Campaign update; announcement that the new MBA Building will be named in honour of Professor Don E. Armstrong, founder of our MBA. Panoramic view of ground floor, MBA and Masters building Panoramic view of 3rd floor, MBA and Masters building Panoramic view of basement, MBA and Masters building July 2017 MBA Campaign Update MBA Campaign update; new panoramic photos of Armstrong Building progress May 2017: Panoramic view of 3rd floor, MBA and Masters building July 2017: Panoramic view of 3rd floor, Event Space, MBA and Masters building July 2017: Panoramic view of 2nd floor, Hall and classrooms, MBA and Masters building Jan. 2018 Donald E. Armstrong Building The MBA & Specialized Masters programs move into the new Armstrong Building named for Professor Donald E. Armstrong, PhD’54 (1925-2011). The 48,666 sq. ft. expansion brings new dedicated teaching and learning spaces that benefit all in the Faculty. While the building opened for students as of January 2018, the grand opening took place over May 25-27, 2018. Jan. 2018 Masters of Management in Analytics In response to the growing needs of organisations (for profit, non-profit, governmental) for business analytics, the Desautels Faculty of Management launched the Masters of Management in Analytics (MMA) program in 2018. The MMA degree is a pre-experience, twelve-month specialized program in the evolving field of management analytics. The MMA welcomed its first cohort in the summer of 2018. May 2018 MBA Next 50 Campaign Celebration Video of MBA Next 50 Celebration Thanks to incredible donor support, Desautels has a new home for our Masters programs - and extra space for our BCom students. Donors also created 34 new MBA awards for the #1 MBA Program in Canada and named more than 140 MBA Lockers. On May 25th and 26th, hundreds of donors and alumni gathered to celebrate this success. Now Desautels has a building and suite of awards that match our ambitions and accomplishments as a Faculty. See photos June 2018 EQUIS re-accreditation The European Quality Improvement System (EQUIS) Accreditation Board rendered its decision to re-accredit the Desautels Faculty of Management for a five-year period – the maximum term granted by the European Foundation for Management Development (EFMD) through EQUIS. Explore a timeline of McGill University's history > These historical notes were last updated on June 26, 2018."/> <meta property="og:updated_time" content="2018-06-28T14:16:15-04:00"/> <meta property="og:image:width" content="300"/> <meta property="og:image:height" content="300"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:site" content="@McGillU"/> <meta name="twitter:title" content="50 Years of Impact"/> <meta name="twitter:description" content="Here is a glimpse of our remarkable MBA achievements and milestones over the past 50 years. Together we will build on our successes for the NEXT 50 years of impact. Don LewtasThanks to generous"/> <meta name="twitter:image" content="https://web.archive.org/web/20220114160157im_/https://www.mcgill.ca/sites/all/themes/moriarty/images/mcgill_crest.png"/> <meta property="og:locale:alternate" content="fr_FR"/> <meta property="og:video:width" content="300"/> <meta property="og:video:height" content="250"/> <title>50 Years of Impact | MBA Next 50 - McGill University</title> <meta name="viewport" content="width=device-width, initial-scale=1.0"/> <link type="text/css" rel="stylesheet" href="https://web.archive.org/web/20220114160157cs_/https://www.mcgill.ca/mbanext50/files/mbanext50/css/css_xMUT_GHrm7c_XRmStVjyvipo8D_-EPjJGglfGsyoy_0.css" media="all"/> <link type="text/css" rel="stylesheet" href="https://web.archive.org/web/20220114160157cs_/https://www.mcgill.ca/mbanext50/files/mbanext50/css/css_Ipw0sd8z-J54ivRaYjroil-cUWNA8tCDIHwoia3qQMg.css" media="all"/> <link type="text/css" rel="stylesheet" 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class="sf-depth-1">Contact</a></li></ul></div> </div> </div> <div id="highlighted" class="clearfix"> </div>  <div id="container" class="clearfix"> <div class="breadcrumb"> <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/" class="custom-breadcrumbs-item-1">McGill.CA</a> / <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/mbanext50" class="custom-breadcrumbs-item-2">MBA Next 50</a> </div> <div id="inner-container"> <div id="tabs"> </div> <div id="top-page"> </div>  <h1 id="page-title" class=" "> 50 Years of Impact </h1> <div id="main-column"> <div id="top-content"> </div>  <div id="content"> <div id="content-inner"> <div class="region region-content"> <div id="block-system-main" class="block block-system region-content"> <div class="block-inner"> <div class="content"> <div id="node-590" class="node clearfix"> <div class="content"> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p><big>Here is a glimpse of our remarkable <strong>MBA achievements</strong> and <strong>milestones</strong> over the past 50 years. Together we will build on our successes for the <strong>NEXT 50 years of impact.</strong></big></p> <blockquote><big><div class="image-caption-container rt"><img alt="Don Lewtas" title="Don Lewtas" height="133" width="100" style="font-size: 13px; line-height: 1.538em; float: right;" class="file-default rt" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/styles/wysiwyg_medium/public/don-lewtas-web.jpg?itok=p9Nl2gL9"/><div class="image-caption">Don Lewtas</div></div>Thanks to generous financial investments from alumni and friends, as well as that of their personal time and professional expertise, our MBA has been gaining momentum for the last 10 years. We are confident that our MBA program is the best catalyst to enable top students to embark on transformative and impactful careers.”<br/><br/> - <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/donald-w-lewtas">Don Lewtas</a>, CFO Onex Corporation, Desautels Advisory Board Chair</big><br/> </blockquote> <h2><big>Milestones</big></h2> <div class="two-column-1"> <div> <bignumber><bnvalue>1906</bnvalue><bncaption>Management education begins at McGill<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>Management education begins at <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/">McGill University</a>. The Department of Commerce is established within the Faculty of Arts, offering “commercial courses to train people as accountants, clerks, and the like.” A Diploma of Commerce is awarded to students completing the two-year program.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>1965</bnvalue><bncaption>First MBA Class<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p><img alt="MBA Class of 1965" title="MBA Class of 1965" height="200" width="246" class="file-original no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/business-graduate-1965.jpg"/></p> <p>McGill graduates its first MBA class. Businessman and future McGill benefactor <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/alumni/notable-alumni/seymour-schulich" target="_blank">Seymour Schulich</a> is one of the graduates.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>1968</bnvalue><bncaption>Faculty of Management<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>The Faculty of Management of McGill University is established, incorporating the School of Commerce and the Graduate School of Business Administration.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>1972</bnvalue><bncaption>Samuel Bronfman Building<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p><img alt="Samuel Bronfman Building" title="Samuel Bronfman Building" height="200" width="281" class="file-original no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/samuel-bronfman-building.jpg"/></p> <p>The Samuel Bronfman Building is inaugurated, providing the Faculty of Management with a modern new home on Sherbrooke Street. A generous donation from the Bronfman family makes the building possible.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>1976</bnvalue><bncaption>PhD Program<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>The Faculty of Management initiates a joint <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/phd" target="_blank">PhD program</a> with Concordia University, École des Hautes Études Commerciales (HEC) of the Université de Montréal, and Université du Québec à Montréal (UQAM).</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>1978</bnvalue><bncaption>MBA/Law Program<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>The joint <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/mba-programs/mbalaw" target="_blank">MBA/Law program</a> receives approval. Applications begin in 1979.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>1988</bnvalue><bncaption>Applied Investments Program<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>In an effort to provide a much-needed link between financial market theory and practical investment experience, McGill pioneers the Applied Investments Program, which was the first program of its kind in Canada.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>1991</bnvalue><bncaption>International Advisory Board<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>Chaired by <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/paul-desmarais" target="_blank">Paul Desmarais Jr.</a> (BCom’77), an <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/about/advisory" target="_blank">International Advisory Board</a> is established to seek management education advice from leading Canadian and foreign business leaders.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>1996</bnvalue><bncaption>MD/MBA Program<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>The Faculty launches the Joint <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/mba-programs/mdmba" target="_blank">MD/MBA program</a>—the first of its kind in Canada.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>1998</bnvalue><bncaption>MBA Japan Program<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>The Faculty launches the <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/mba-japan" target="_blank">MBA Japan program</a>, the first Canadian degree program offered in Japan.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>2005</bnvalue><bncaption>$22 Million donation from Marcel Desautels<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p><img alt="Marcel Desautels" title="Marcel Desautels" height="200" width="133" style="width: 133px; height: 200px; float: right;" class="file-default rt" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/styles/wysiwyg_medium/public/marcel-desautels.jpg?itok=n0sYiTzj"/>On November 17, the Canadian Credit Management Foundation and <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/channels/news/mcgill-university-receives-22-million-donation-canadian-credit-management-foundation-and-marcel-desa-17559" target="_blank">Dr. Marcel Desautels CM, O.Ont., LLD’07, donate $22 million to the Faculty</a>. The gift allows our Faculty to invest in the <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/mba-programs/mba" target="_blank">MBA program curriculum</a>, renovate facilities, enhance <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/career" target="_blank">career services</a> and <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/people" target="_blank">hire new professors</a>. It is the largest single donation ever made to a business or management faculty in Canada. The Faculty is named the Desautels Faculty of Management of McGill University.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>2008</bnvalue><bncaption>$10 Million donation from Marcel Desautels & MDIIM Creation / Joint EMBA Program<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>Another $10 million donation from <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/about/marcel-desautels" target="_blank">Dr. Marcel Desautels</a> creates the <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/integrated-management" target="_blank">Marcel Desautels Institute for Integrated Management (MDIIM)</a> and contributes to the formation of the innovative Integrated MBA curriculum, a new, cohesive direction to the Faculty under the integrated management approach.</p> <p>The Faculty launches the bilingual <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/mcgill-hec-montreal-emba" target="_blank">joint Executive MBA (EMBA) program</a> with HEC Montréal.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>2009</bnvalue><bncaption>Hot Cities of the World Tour<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>The first-ever <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/hot-cities" target="_blank">Hot Cities of the World Tour</a> begins, taking BCom and MBA students to Israel.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>2010</bnvalue><bncaption>MBA / PMBA / MBA Japan<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>The <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/mba-programs/mba" target="_blank">MBA program</a> becomes self-funded, allowing us innovate and invest in the right areas and solidify our position among the world’s top MBA programs.</p> <p>The Faculty evaluates and redesigns the <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/mba-programs/pmba" target="_blank">Professional Part-Time MBA</a> and <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/mba-japan" target="_blank">MBA Japan</a> program under the integrated management umbrella.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>2011</bnvalue><bncaption>Self-funded MBA<br/></bncaption></bignumber></div> </div> <div class="two-column-2">The Québec Ministry of Education <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/channels/news/province-backs-down-fine-mcgill%E2%80%99s-self-funded-model-176894" target="_blank">approves our MBA as a distinct international program within Quebec</a>, allowing us to be the only MBA in the province to be self-funded while forgoing government subsidies, giving us increased flexibility and self-reliance.</div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>2013</bnvalue><bncaption>Hult Prize / MBA International Study Trip / EQUIS<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>Desautels MBA students Mohammed Ashour (MD-MBA), Shobhita Soor (LLB-MBA), Jesse Pearlstein, Zev Thompson and Gabe Mott triumph over 10,000 applicants from around the world to <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/channels/news/hult-prize-one-million-dollar-start-challenge-239719" target="_blank">win the 2013 Hult Prize of $1 million</a> toward their social enterprise (sponsored by the Clinton Global Initiative).</p> <p>The MBA program introduces a mandatory <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/mba-programs/mba/academics/curriculum/international-study" target="_blank">International Study Trip</a> to enhance its globally-oriented curriculum. The full-time class visits Tokyo, Japan, and the part-time class heads to Buenos Aires, Argentina.</p> <p>The <a href="https://web.archive.org/web/20220114160157/https://www.efmd.org/" target="_blank">European Foundation for Management Development (EFMD)</a> grants the Desautels Faculty of Management the <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/channels/news/desautels-faculty-management-receives-equis-accreditation-228784" target="_blank">European Quality Improvement System (EQUIS) accreditation</a> for a five-year period.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>2014</bnvalue><bncaption>MBA Next 50 Campaign<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>New gift from <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/about/marcel-desautels" target="_blank">Dr. Marcel Desautels</a> lays the groundwork for the MBA Next 50 campaign.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>2015</bnvalue><bncaption>MBA turns 50<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <img alt="Donald E. Armstrong" title="Donald E. Armstrong" height="170" width="160" style="width: 160px; height: 170px; float: right;" class="file-default rt" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/styles/wysiwyg_medium/public/donald-armstrong-circle.jpg?itok=1_tXMjCq"/>2015 marks the 50th anniversary of the first graduating MBA class at McGill. Read about the <a href="//web.archive.org/web/20220114160157/https://www.mcgill.ca/mbanext50/next-50-years-impact/campaign-progress" target="_blank">campaign launch</a> and how the Faculty <a href="https://web.archive.org/web/20220114160157/http://publications.mcgill.ca/reporter/2015/06/desautels-celebrates-50-years-of-mba-impact/" target="_blank">celebrated this landmark anniversary</a>. <p>Top Impact Maker <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/alumni/notable-alumni/seymour-schulich" target="_blank">Seymour Schulich</a>, proposes that the new MBA Building be named in honour of Professor Don E. Armstrong, PhD’54 (1925-2011), founder of our MBA.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>Feb. 2016</bnvalue><bncaption>Masters of Management in Finance<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>In response to the need for a program that integrates advanced financial concepts and quantitative methods with real-world business practices, the Desautels Faculty of Management launched the <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/programs/mmf" target="_blank">Masters of Management in Finance (MMF)</a> in February. As a pre-experience, 12-month program, the MMF welcomed its first cohort in the summer of 2016.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <p style="text-align:center"><img alt="Announcement of the future home of the MBA program" title="Announcement of the future home of the MBA program" height="348" width="320" class="file-large no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/styles/wysiwyg_large/public/mba-banner-april-14-2016.jpg?itok=MSARAnj2"/></p> <div> <bignumber><bnvalue>2016</bnvalue><bncaption>Future Home of the MBA<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <h4>April 14 2016</h4> <p>The <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/about/advisory" target="_blank">Desautels International Advisory Board</a>, pictured with <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/about/message-dean" target="_blank">Dean Isabelle Bajeux-Besnainou</a>, has championed the new building and future home of the MBA.</p> <p>At their last meeting, the Board posed under the announcement of the future home of the MBA and Masters programs.</p> <h4>June-Sept 2016</h4> <p>McGill University approves naming of building and renovations begin</p> <h4>November 2016</h4> <p>Gift from the <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/alumni/notable-alumni/seymour-schulich" target="_blank">Schulich Foundation</a> to the MBA Next 50 campaign</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>Jan. 25, 2017</bnvalue><bncaption>Donald E. Armstrong<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>MBA Campaign update; announcement that the new MBA Building will be named <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/channels/news/announcing-donald-e-armstrong-building-265368" target="_blank">in honour of Professor Don E. Armstrong</a>, founder of our MBA.</p> </div> <p></p> <p></p> <hr/><p style="text-align:center"><img alt="Panoramic Shot of Ground Floor" title="Panoramic Shot of Ground Floor" height="135" width="750" class="file-original no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/panoramic-ground-floor-1.jpg"/></p> <p style="text-align:center">Panoramic view of ground floor, MBA and Masters building</p> <p style="text-align:center"><img alt="Panoramic Shot of Second Floor" title="Panoramic Shot of Second Floor" height="131" width="750" class="file-original no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/panoramic-second-floor-2.jpg"/></p> <p style="text-align:center">Panoramic view of 3rd floor, MBA and Masters building</p> <p style="text-align:center"><img alt="Panoramic Shot of Basement" title="Panoramic Shot of Basement" height="108" width="750" class="file-original no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/panoramic-basement-3.jpg"/></p> <p style="text-align:center">Panoramic view of basement, MBA and Masters building</p> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>July 2017</bnvalue><bncaption>MBA Campaign Update<br/></bncaption></bignumber></div> </div> <div class="two-column-2">MBA Campaign update; new panoramic photos of Armstrong Building progress</div> <p></p> <p></p> <hr/><p style="text-align:center"><img alt="May 2017: Panoramic view of 3rd floor, MBA and Masters building" title="May 2017: Panoramic view of 3rd floor, MBA and Masters building" height="135" width="750" class="file-original no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/may-2017-third-floor-panorama-750.jpg"/></p> <p style="text-align:center">May 2017: Panoramic view of 3rd floor, MBA and Masters building</p> <p style="text-align:center"><img alt="July 2017: Panoramic view of 3rd floor, Event Space, MBA and Masters building" title="July 2017: Panoramic view of 3rd floor, Event Space, MBA and Masters building" height="135" width="750" class="file-original no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/july-2017-third-floor-panorama-750.jpg"/></p> <p style="text-align:center">July 2017: Panoramic view of 3rd floor, Event Space, MBA and Masters building</p> <p style="text-align:center"><img alt="July 2017: Panoramic view of 2nd floor, Hall and classrooms, MBA and Masters building" title="July 2017: Panoramic view of 2nd floor, Hall and classrooms, MBA and Masters building" height="135" width="750" class="file-original no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/july-2017-third-floor-panorama-2-750.jpg"/></p> <p style="text-align:center">July 2017: Panoramic view of 2nd floor, Hall and classrooms, MBA and Masters building</p> <p></p> <p></p> <hr/><p><img alt="Donald E. Armstrong Building" title="Donald E. Armstrong Building" height="587" width="940" class="file-original no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/new-building-dea-statement.jpg"/></p> <div class="two-column-1"> <div> <bignumber><bnvalue>Jan. 2018</bnvalue><bncaption>Donald E. Armstrong Building<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>The MBA & Specialized Masters programs move into the new Armstrong Building named for Professor Donald E. Armstrong, PhD’54 (1925-2011). The 48,666 sq. ft. expansion brings new dedicated teaching and learning spaces that benefit all in the Faculty. While the building <a href="//web.archive.org/web/20220114160157/https://www.mcgill.ca/mbanext50/next-50-years-impact/mba-building/announcing-donald-e-armstrong-building/opening-armstrong-building-photo-gallery" target="_blank">opened for students as of January 2018</a>, the grand opening took place over May 25-27, 2018.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>Jan. 2018</bnvalue><bncaption>Masters of Management in Analytics<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>In response to the growing needs of organisations (for profit, non-profit, governmental) for business analytics, the Desautels Faculty of Management launched the <a href="//web.archive.org/web/20220114160157/https://www.mcgill.ca/mbanext50/next-50-years-impact/mba-building/announcing-donald-e-armstrong-building/opening-armstrong-building-photo-gallery" target="_blank">Masters of Management in Analytics (MMA)</a> program in 2018. The MMA degree is a pre-experience, twelve-month specialized program in the evolving field of management analytics. The MMA welcomed its first cohort in the summer of 2018.</p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>May 2018</bnvalue><bncaption>MBA Next 50 Campaign Celebration<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p><div class="media-youtube-video media-element file-default media-youtube-1"> <iframe class="media-youtube-player" id="media-youtube-grnhqwf8ylc" width="525" height="268" title="MBA Next 50 Celebration" src="//web.archive.org/web/20220114160157if_/https://www.youtube.com/embed/grnhQwf8Ylc?wmode=opaque&enablejsapi=1&modestbranding=1&playerapiid=media-youtube-grnhqwf8ylc&rel=0" frameborder="0" allowfullscreen>Video of MBA Next 50 Celebration</iframe> </div> </p> <p>Thanks to incredible donor support, Desautels has a new home for our Masters programs - and extra space for our BCom students. Donors also created 34 new MBA awards for the #1 MBA Program in Canada and named more than 140 MBA Lockers. On <a href="//web.archive.org/web/20220114160157/https://www.mcgill.ca/mbanext50/next-50-years-impact/mba-building/announcing-donald-e-armstrong-building/registration/mba-next-50-weekend-line">May 25th and 26th</a>, hundreds of donors and alumni gathered to celebrate this success. Now Desautels has a building and suite of awards that match our ambitions and accomplishments as a Faculty. <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/channels/news/mba-next-50-celebration-287809">See photos</a></p> </div> <p></p> <p></p> <hr/><div class="two-column-1"> <div> <bignumber><bnvalue>June 2018</bnvalue><bncaption>EQUIS re-accreditation<br/></bncaption></bignumber></div> </div> <div class="two-column-2"> <p>The European Quality Improvement System (EQUIS) Accreditation Board rendered its decision to <a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/desautels/channels/news/equis-re-accreditation-testifies-strength-our-faculty-287708" target="_blank">re-accredit the Desautels Faculty of Management for a five-year period</a> – the maximum term granted by the European Foundation for Management Development (EFMD) through EQUIS.</p> </div> <p></p> <p></p> <hr/><h3><a href="https://web.archive.org/web/20220114160157/https://www.mcgill.ca/about/history" target="_blank">Explore a timeline of McGill University's history ></a></h3> <p> </p> <blockquote> <p><em>These historical notes were last updated on June 26, 2018.</em></p> </blockquote> </div></div></div> </div> <ul class="links inline"><li class="node-readmore first last"></li> </ul> </div> </div> </div> </div> </div> </div> </div> <div id="bottom-content"> </div>  </div>   </div>  <div id="bottom-page"> <div class="region region-bottom-of-page"> <div id="block-block-2" class="block block-block region-bottom_of_page"> <div class="block-inner"> <div class="content"> <p style="text-align:center"><img alt="MBA Next 50 Shapes Footer" title="MBA Next 50 Shapes Footer" height="150" width="940" class="file-original no-float" src="//web.archive.org/web/20220114160157im_/https://www.mcgill.ca/mbanext50/files/mbanext50/mba-next-50-shapes-footer_1.png"/></p> </div> </div> </div> </div> </div>  <a 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