69热视频

After receiving a $30M donation from Marcel Desautels in 2005, our Faculty launched an entirely unique new MBA curriculum in 2008 based on Integrated Management. The new curriculum is team-taught and requires an unusually high degree of collaboration by professors from different and often deeply specialized disciplines. We also invested heavily in state-of-the-art MBA facilities and Career Services. Our goal was to build one of the best MBA programs in the world.听

With Quebec student tuition at less than $2,000 per year, our income per student (tuition plus government grants) amounted to approximately $12,000 per year.听 The costs to run the new integrated program are approximately $22,000 per student per year. 69热视频 subsidized an MBA education by approximately $10,000 per student per year.听

To sustain and build on our program investments, in 2010, we decided to raise our MBA tuition to the market rate of $29,500 per year and forgo government subsidies, as we have done with our other Master's programs. The Quebec government considers these programs as "self-funded." Our shift to the self-funded MBA was not without controversy but it was essential.

This move was validated both externally through rankings and internally by the students themselves. Our MBA jumped from 95th to 57th place in the prestigious Financial Times rankings; BusinessWeek ranked our MBA as 11th in the world outside of the U.S.; and our graduates had the highest job placement rates and compensation in Canada according to Canadian Business. We had a 95% satisfaction rate among our students regarding their MBA experience and 100% of the 2011 graduating class said they would recommend the Desautels MBA to others.

With the new tuition, we were able to allocate significantly more to student aid with average awards of $12,000 per student, one of the best scholarship offerings in Canada. This past year, more than 80% of our students received a scholarship.

After much deliberation over the last year, we are pleased to announce that the Qu茅bec Ministry of Education, Recreation and Sports has recently approved our MBA as a unique, self-funded program.

According to the Financial Times, the Desautels MBA already has the most international faculty and internationally mobile graduates in Canada. Still, in keeping with 69热视频's reputation as Canada's most international university, we will be further enhancing the MBA with an even stronger international focus, including a mandatory study trip abroad and other measures to ensure all students have the most worldly experience possible. These program innovations combined with the self-funded financing model, will enable us to continue investing in our students and help us reach our goal of being in the top 10 MBA programs world-wide by 2020.