Stephen J.R. Smith School of Business

The Stephen J.R. Smith School of Business or the Smith School of Business (formerly the Queen's School of Business) is a business school located at Queen's University in Kingston, Ontario, Canada. The school is managed separately from Queen's University with its own dean and budget. The School of Business became its own faculty in 1963 with its first dean, Lawrence MacPherson. Dr. Teri Shearer is the current interim dean.

Stephen J.R. Smith School of Business
Former name
Queen's School of Business
TypeBusiness school
Established1919 (1919)
AffiliationQueen's University
DeanBrenda Brouwer
Undergraduates1409
Postgraduates541
Location
Kingston
,
Ontario
,
Canada
ColoursBlue and gold[1]
         
Websitesmith.queensu.ca

The school is fully accredited by the AACSB (United States) and the EFMD (EQUIS) (Europe).

Naming

On October 1, 2015, the Queen's School of Business was renamed the Stephen J.R. Smith School of Business in recognition of a $50-million donation from Stephen J. R. Smith, a graduate of the Queen's University's Faculty of Engineering and Applied Science. The donation is the largest gift ever made to a Canadian business school.[2] This donation grew the school's endowment from $54 million to $104 million. As of 2015, this will result in Smith being a close second in total endowment among Canadian business schools, next to only the Rotman School of Management.

History

Queen's University launched its undergraduate business program in 1919, making it the oldest Bachelor of Commerce in Canada. The first woman to earn an undergraduate business degree, Beatrice Eakins, graduated from the program in 1922.The MBA program was launched in 1960.

Programs

Undergraduate

The Bachelor of Commerce program receives over 7,000 applications per year for 475 positions.[3] Queen's University allows students to pursue an Arts and Science degree concurrently with the Bachelor of Commerce, graduating with a dual degree.[4]

Graduate

Full-time MBA

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.[5] Environics ranked the Queen's Full-time MBA program number one in Canada in 2006 in their Report on Executive Education in Canada.[6] In the 2012 QS Global 200 Business Schools Report[7] the school was indexed as the 3rd best business school in Canada and the 16th best business school in North America.[8]

Accelerated MBA for Business Graduates

In the 2017 Financial Times ranking, Queen's MBA was ranked 50th in the world [9] and in the 2018 The Economist ranking, Queen's MBA was ranked 88th in the world [10] The program is 12 months in length and admission decisions are dependent on applicant work experience, undergraduate academic performance, GMAT score, and personal interview.[11]

Executive MBA

The Queen's Executive MBA program was ranked in 2006 as the best program in Canada for an Executive MBA by BusinessWeek[12] and Environics.[6] The program is 16 months in length and admission decisions are dependent on applicant management experience, references, previous academic experience, QMAT (or GMAT) scores and personal interview. The average Queen's Executive MBA student has an age of 35 years, but may be up to 50 years old, and possesses a minimum of 13 years working experience.[13]

Master of International Business

The Queen's Master of International Business is available in either a Single Degree Option or Double Degree Option.

Master of Management in Artificial Intelligence

Launched in 2018, the MMAI is the first graduate business degree in North America revolving around artificial intelligence.[14] In addition to Smith professors, instructors include adjunct faculty from Element AI and Deloitte Omnia AI.

Master of Management, Innovation & Entrepreneurship

Launched in 2015, the MMIE program is offered in partnership with the Queen's Faculty of Engineering and Applied Science.[15] Prototyping and design facilities with 3-D printers are available to students.

Queen's also offers two research intensive degrees, namely the Masters of Science in Management (MSc) and a Doctoral program in Management (Ph.D) in the areas of

  • Accounting
  • Analytics
  • Business Economics
  • Finance
  • International Business
  • Management Information Systems
  • Marketing
  • Organizational Behaviour
  • Strategy

Location

The majority of business classes are held in Goodes Hall. Opened in 2002, the building is named in honour of the family of Mel Goodes, a Commerce ‘57 alumnus and former Chairman and CEO of Warner–Lambert. In September 2012, a significant expansion of Goodes Hall was completed, increasing the size of the building by 75,000 ft² to a total of 188,000 ft². The expansion included new classrooms, breakout rooms, and 51 additional faculty offices.

The Smith 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 mainly hosts Queen's executive development programs.[16]

Centres

Queen's Executive Education

Queen's Executive Education placed 2nd in the world for growth in custom programs in the 2017 Financial Times education ranking.[17]

Scotiabank Centre for Customer Analytics

The SCCA was founded in 2016 through a donation of $2.2 million from partner Scotiabank.[18] The SCCA brings interdisciplinary teams of professors, graduate students and analytics practitioners to collaborate in the field of data analytics. In July 2019, Scotiabank provided an additional $2 million in funding, supporting the centre to 2025.

IBM Canada | Smith Cognitive Computing Centre

Opened in 2017 at SmithToronto, the Smith Cognitive Computing Centre features 7 interactive wall screens for users to work directly with IBM Watson technology.

International exchange

The Smith School of Business is partnered with over 115 business schools in 38 countries.[14] Exchange partners include Copenhagen Business School, HEC Paris, and National University of Singapore. Students may also choose to study for a semester at the Bader International Study Centre in Herstmonceux Castle. Over 87% of Smith Commerce students participated in exchange during the 2017-2018 academic year.[14]

Reputation and rankings

The Stephen J.R. Smith School of Business ranked 1st nationally and 38th globally in highest number of graduates employed as Chief Executive Officers or equivalent in a Fortune Global 500 corporation.[19] The MBA Class of 2019 had the highest total starting pay of any Canadian MBA program.[20]

Bloomberg Businessweek:

2019-20 Best Business Schools Rankings 2nd in Canada[21]

Financial Times:

2017 Masters in Management Ranking 1st in North America

2016 Global MBA Ranking 1st in Canada for Alumni Recommendation[22]

2016 Global MBA Ranking 1st in Canada for Salary Increase[22]

2016 Global MBA Ranking 1st in Canada for Value for Money[22]

2016 Global EMBA Ranking Cornell University: Johnson/Queen's Smith School of Business 47th worldwide[23]

Research

In 2018, Smith faculty published 35 articles in academic journals, 13 of which were ranked in the Financial Times’ 50 top-tier journals worldwide.[14]

Student life

With 55 conferences and committees, the Smith Commerce Society is Canada's largest undergraduate business society.[24] In the 2012-2013 academic year, students raised over $400,000 through sponsorships and corporate partnerships. In the 2013-2014 academic year, two businesses operated by the Commerce Society generated a total of $143,500 in independent revenue.

Notable alumni

Undergraduate

Bachelor of Commerce

Graduate

MBA

Executive MBA

References
  1. "Queen's University Visual Identity Guide" (PDF). Queen's University. Retrieved 30 November 2012.
  2. "NEWS RELEASE - Queen's University names the Stephen J. R. Smith School of Business in recognition of historic $50-million gift - Queen's Gazette - Queen's University". www.queensu.ca.
  3. "Smith Bachelor of Commerce - Program - Admission". smith.queensu.ca. Retrieved 2020-08-16.
  4. "Dual and Second Degrees | Faculty of Arts and Science". Dual and Second Degrees | Faculty of Arts and Science. Retrieved 2020-08-16.
  5. Archived June 3, 2007, at the Wayback Machine
  6. "layout" (PDF). Retrieved 2010-06-10.
  7. "QS Global 200 Business Schools Report 2012, North America". Archived from the original on 2012-09-13.
  8. "QS Global 200 Business School Report 2012".
  9. "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  10. "Queen's University – Smith School of Business". The Economist.
  11. "Application Process and Admission Requirements - Accelerated MBA for Business Graduates - Smith School of Business".
  12. "(Press Release) Queen's School of Business - Media and News - 2006 News - QUEEN'S MBA REPEATS #1 BUSINESSWEEK RANKING". Business.queensu.ca. Retrieved 2010-06-10.
  13. "Queen's School of Business - Executive MBA - National Program" (PDF). Business.queensu.ca. 2010-04-26. Archived from the original (PDF) on 2009-05-30. Retrieved 2010-06-10.
  14. "Innovating Business Education 2017-2018 Year in Review" (PDF).
  15. "Master of Management Innovation & Entrepreneurship - About The Program". smith.queensu.ca. Retrieved 2018-03-24.
  16. "(Press Release) 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.
  17. "Year in Review" (PDF). Smith School of Business.
  18. "Smith School of Business - - Scotiabank Centre for Customer Analytics at Smith School of Business celebrates success". smith.queensu.ca. Retrieved 2020-08-16.
  19. "International Professional Ranking of Higher Education Institutions" (PDF). MINES ParisTech. 2011. Retrieved 2 March 2012.
  20. Schmitt, Jeff (2020-03-16). "Poets&Quants | Meet Queen's University's Smith MBA Class Of 2021". Poets&Quants. Retrieved 2020-08-15.
  21. "Best B-Schools Rankings 2019–20". Bloomberg.
  22. "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  23. "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 2020-08-15.
  24. "Overview". Smith Commerce Society. Retrieved 2020-08-16.
  25. John Stackhouse - The Globe and Mail Archived 2014-03-20 at the Wayback Machine

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