Where is he now? A Master of Finance alumnus shares 5 years after graduation

Interview with Yasir Mallick, MFin ’11, CPA

Yasir Mallick, MFin ’11, CPAThe Master of Finance (MFin) program at the Rotman School of Management strives for strong connections with our alumni network. Not only do we think it’s important to see how our former students are doing – we believe in paying it forward.

In this second blog post of our series, Where are they now?, we checked in with Yasir Mallick, MFin ’11, CPA, Director, Manager Selection and Portfolio Construction at the University of Toronto Asset Management Corp. (UTAM).

Thank you for speaking with us, Yasir. Tell us what it means to you and your career to be an MFin alumnus.
I applied for the MFin program after the 2008 financial crisis – I viewed it as a way to enhance my technical background given my work experience in the financial services sector. As an alumnus, I have definitely experienced direct educational and professional benefits from the program. Beyond these benefits, I am also proud of being an alumnus because I am part of a much broader community at the University of Toronto and at Rotman, a highly-regarded centre of knowledge in the Toronto financial community.

It’s been a while since you graduated; is there anything you miss from the program?
While I can’t say I miss attending classes and studying as a working professional, the program certainly reinforced my intellectual curiosity. During the program we were constantly exposed to interesting academic papers and empirical research that challenged our knowledge of finance. I have now replaced the intellectual stimulation of class with the intellectual challenges I face in my day to day role at UTAM.

Did the program give you a new appreciation for different area(s) of finance?
There were actually two areas: risk management and long-term portfolio management. These courses have provided a great foundation for my work ever since I graduated. I draw on this material daily to better understand new complexities and to execute my job.

Aside from that, what would you say have been the immediate impacts from completing your degree?
In my last year of the program, I was trying to make a career transition and I’d say that completing the MFin was critical in helping me achieve this goal. Not only did the program give me the necessary knowledge and technical skills to become a strong candidate for jobs in the industry, but it also gave me the confidence to apply to a more executive role in the pension fund management industry. I knew that, without the MFin, I would have likely been screened out by recruiters. I believe that, often, all you need is that first opportunity to meet with the hiring manager, and the MFin allowed me to get my foot in the door.

How are you involved with the MFin community as an alumnus? How do you foresee getting involved moving forward?
I’m still in touch with various professors, as I often connect with them when I see they have published new work in my area of interest. In fact, there’s a chance that I may be a guest lecturer for Rotman in the future.

In terms of the student body, I have also met with many prospective or current students to share my insights or tips as they consider their choices in the program and in their careers. I plan to continue my involvement in this capacity, as I believe it is important to share our experiences and help others.

Do you have any words of advice for future students or anyone thinking of applying now? 
Two things…

  1. Whatever course you choose to take, make sure that you are truly engaged with the material and passionate about it. As a working professional and part-time student you are pushing yourself to learn and work very hard. To keep yourself motivated, it’s important that you find the material useful and intellectually stimulating.
  1. On a more professional note, I certainly think that it’s important to have a loose outline of what you want to do with your career. However, keep an open mind! Be aware that this outline may not resemble anything close to where you end up, which sometimes, can also be a great thing.

Yasir Mallick, MFin ’11, CPA, has seen the benefits of being part of the MFin community. Since graduating 5 years ago he has been rewarded with two promotions and a job at a new organization. Intrigued by his career path? Visit our website or sign up to one of our admissions events and get ready to become part of the MFin community.

 

 

Annual Rotman Open House Draws Huge Interest: A Recap

With over 300 prospective students at the Rotman Open House on Sunday November 6, the event was nothing short of a great success. The event was an exciting opportunity for attendees to learn more about the 6 programs that Rotman has to offer through engaging sample classes and information sessions.

me-mba-networking

Morning and Evening MBA students are more than happy to answer questions from prospective applicants!

The programs that were represented at the fair were the Morning and Evening MBA, Full Time MBA, Executive MBA, Global Executive MBA, Master of Finance, and the Master of Financial Risk Management.

Making Connections at the Programs Fair

As guests began to arrive, they eagerly headed to the buzzing programs fair. Representatives for each of our Master’s programs provided information regarding admissions details and program structures. Current students were also more than happy to share their own Rotman experience. There was something new for everybody to discover about the school. One of our attendees commented that “I know I registered for one program of interest, but with such a wide range of programs that Rotman offers, it was hard to pick just one!”

open-house-programs-fair

The programs fair is in  full swing

A New Way to Think

Rotman’s Annual Open House formally kicked off with a keynote speech by Don Tapscott, CEO of The Tapscott Group, and one of the world’s leading authorities on the impact of technology on business and society. He also happens to be an Adjunct Professor here at the Rotman School of Management, and was ranked the 4th most influential management thinker in the world by Thinkers50.

tapscott-speaking

Don Tapscott kicking off the event with a keynote speech

He provided us with his thrilling insight into how blockchain is becoming an industry disruptor. Don concluded by challenging our audience, the future leaders in management, on how we can develop solutions to new technological, social and economic problems.

Mix and Match to Customize Your Day

Attendees mixed and matched the sessions that were of most interest to them. With a wide selection of 17 different sessions to attend, it was definitely not an easy choice to make.

Each session brought a unique perspective and experience for our prospective applicants. On top of the information sessions led by our recruiters about what applicants needed to get in and to succeed at Rotman, there were also unique interactive sessions. In our BMO Financial Group Finance Research and Trading Lab, prospective students had the opportunity to get involved in an exciting trading simulation where they made decisions under different scenarios. There were also a number of sample classes showcasing the world renowned faculty that teach at Rotman and their research strengths. Professor Brian Golden’s sample class on Strategic Management was energizing, overflowing and was even followed enthusiastically by an international audience via our live stream!

briam-golden-sample-class

Brian Golden presenting a sample class on Strategic Management

The Perfect Fit at Rotman

The Rotman Open House is not only a great event for prospective applicants to learn more information about the admissions process and to get their questions answered, it is also a chance to meet with our recruitment team to network and build a one-on-one relationship.

On behalf of the entire recruitment and admissions team, thank you to each and every individual who took the time to come out and learn about all the graduate programs that Rotman has to offer. We hope you had as much fun as we did!

To learn more about the Rotman School of Management, visit our website at www.rotman.utoronto.ca

Meet Emily Mancuso: New Rotman Master of Finance Assistant Director

Emily Mancuso, Assistant Director, Recruitment and Admissions, Master of Finance

Emily Mancuso, Assistant Director, Recruitment and Admissions, Master of Finance

We are delighted to introduce Emily Mancuso, our new Rotman Master of Finance Assistant Director of Recruitment and Admissions!

Thinking about how to accelerate your finance career? Emily will be able to answer your questions and help you find the right fit at Rotman. Please feel free to contact her directly with any questions about the Rotman Master of Finance program.

Here are a few fun facts about Emily:

  • She has a degree in Fine Arts and she enjoys printmaking in her free time
  • She has travelled to 60+ countries
  • She ran three half-marathons and is training to run a fourth race in spring 2017
  • She loves quiz nights and usually ranks as MVP in the music, arts and culture categories

The Time is Now – Prepare your application for the Morning & Evening MBA program!

skyline_650x219

Now that we are in November, we are approaching our first deadline, November 20 for the Morning & Evening MBA program. Pro tip: the earlier you apply the better your chances are to become part of our next MBA class for working professionals. While the application process may appear daunting, we have compiled a number of tips that will help you prepare your application with ease. Read below and get started right away to secure your spot in Rotman’s  Morning & Evening MBA program.

Talk to the recruitment team. First and foremost, you need to make sure that this is the right program for you. One major advantage for the Morning & Evening MBA program is that it allows you to work and study towards your degree at the same time. Talking to a recruiter from the program can help you better understand how the Morning & Evening MBA program fits your career. In addition, the team can also shed some light on different aspects of the application and share tips with you to help you make sure to have satisfied all requirements. Our recruiters are eager to help, so don’t hesitate to contact them to set up a coffee chat.

Submit your documents early on. The application process requires you to fulfill a number of steps, some more time-consuming than others. Getting your transcripts and references is often relatively easy. As a result, we recommend to start by submitting these documents right away so that you can focus on other aspects of your application.

 Ace your GMAT. We know that the GMAT/GRE requirement can often cause anxiety in students thinking of applying to an MBA. That’s why at Rotman we help you prepare with our GMAT Review webinars. The next one is coming up on November 17th and you can sign up up today! Remember also that if you have completed all three levels of the CFA, you may be exempted from this requirement altogether.

When writing your essays, focus on content. To submit a complete application to our Morning & Evening MBA program you are required to complete two written essays. Remember when writing these essays to reflect back on your knowledge and experience and to focus on the content rather than the length of your piece. This is a way for the recruitment team to assess fit for the program; show them why you are meant to be part of the Morning & Evening MBA community.

These are just some of the tips we’ve collected over time from our experts, students and alumni. For more information on the program and the application process, contact us or sign up to one of our admissions events.

Ready to apply? Visit our website today and start your application today.

 

Where is he now? A Master of Finance alumnus shares 2 years after graduation

Where are they now? Where have their careers taken them since their days at Rotman? In our new series, Where are they now?, we seek out Rotman Master of Finance alumni and ask them to review their careers since graduation.

In this first blog post, Michael Hayes, MFin ’14, CFA, Director of Structuring and Credit Risk, BMO Corporate Finance took the time to share his wide ranging insights as an MFin alumni.

So, it’s been two years! How does it feel?
It feels great! I feel grounded in my career in finance since completing the Master of Finance (MFin); the program has a lot to do with my current success.

Michael Hayes MFin '14, CFA, Director of Structuring and Credit Risk , BMO Corporate Finance

Michael Hayes MFin ’14, CFA, Director of Structuring and Credit Risk, BMO Corporate Finance

Why did you choose to do the MFin instead of an MBA?
I’ve always been a big believer that credentials are ever more important in mature industries like banking. As I wanted to remain in this sector, I knew that I needed highly qualified credentials to my name in order to advance significantly and remove any potential future career barriers. I already had a Bachelors of Commerce and my CFA, but knew that it wouldn’t be enough.

When you realize that, you need to ask yourself: why am I going back to school? Is it to further develop skills necessary in my current field or to move industries and land a job in a different area?

If your answer is like mine, and you are looking to become an expert in your field, then your best bet is to stay in your job and complete the MFin. With my work experience and previous education, for me, it simply didn’t make sense to do an MBA. I was more interested in the technical skills and depth of finance knowledge that could best be obtained through the MFin.

What would you say have been the immediate impacts of being part of the MFin community?
When I first joined the MFin program, I was managing a book of commercial clients in Toronto as a Relationship Manager. I needed a change and starting the MFin program gave me the confidence to reach out to executive leaders and to talk about my career goals. This was a great decision, as just two months after joining the program I was promoted with an opportunity to work as an Associate in Investment & Corporate Banking in Chicago, USA.

Since then, I’ve advanced another two times within the same institution, with my most recent promotion in June 2016 when I became the Director of Structuring and Credit Risk for BMO’s Corporate Finance Division. I can certainly say that joining the Master of Finance was a catalyst for my first upward move.

What does it mean to you and your career to be an MFin alumni?
I am exceptionally proud not only of being a Rotman alumnus, but also of being a graduate of the MFin program. I take a lot of pride in being part of the highly-skilled and experienced community that is made up of MFin alumni. The Rotman MFin is a challenging program that admits students with work experience in finance. Many of my classmates already possessed designations such as the CFA or CPA.

What we learn and the networks that we build are extremely valuable to our professional and even our personal life.

How has this network impacted your life?
I have worked with some of my classmates at BMO, and there’ve been times when we leaned on each other for career advice. More importantly, some of my best friends today are from the MFin program.

You’ have to realize that in the program you not only meet people who share your passion for finance; you also meet people who share similar life experiences, whether it means being a working professional and part-time student, or having kids for the first time. In fact, aside from the intellectual stimulation present in the program, getting together with my classmates during our lunch break or after class is probably what I miss the most from the program.

How do you foresee getting involved with the MFin community as an alumni going forward?
I think it’s very important to stay connected. Every single graduate of the MFin program can give back and increase your scope. For example, working in a bank for quite sometime, I hadn’t been exposed to the perspectives of finance leaders who are non-bankers. During the MFin program, I met several classmates working in insurance companies and pension funds, which made me recognize the bigger world outside of banking.

As alumni, we have a responsibility to pay it forward and connect with current students looking to learn about our work and opportunities in our field.

What advice would you give to someone considering starting the program now?
First, recognize the importance of your community of classmates who will be your connections for life. Make connections with as many people as you can. As a tip, the easiest way to do that is to never sit in the same seat twice.

Second, remember that going back to school is a family decision. As a working professional and part-time student you’ll be sacrificing some of the time you spend with your family. Recognize their importance, and ensure they are on board with your plans.

Third, challenge the status quo. As a graduate student, you are here to learn and push the boundaries, so don’t just settle for what’s in the textbook. The best classes take place when students challenge the concepts reviewed in class and put them to the test.


Interested to learn more about what our students and alumni have to say about the program? Our upcoming Open House on November 6 is the perfect time to speak with students and alumni. Or, sign up for an upcoming admissions events.

6 Master’s Programs, 1 Open House

Rotman's Annual Open House. Join us November 6, 2016.

Rotman’s Annual Open House. Join us November 6, 2016.

Rotman’s Open House 2016 – mark your calendars!

Rotman’s Annual Open House takes place on Sunday, November 6, 2016. Check out all six of our Master’s programs to see which program is the right fit for you. It’s the perfect day! Attend an information session, sample a class, try your hand at a trading simulation, and meet current students and alumni.

MBA programs at Rotman

Specialized degrees at Rotman

Don Tapscott, CEO of the Tapscott Group and one of the world's leading authories on the impact of technology. He is also an Adjunct Processor at the Rotman School of Management.

Don Tapscott, CEO of the Tapscott Group and one of the world’s leading authorities on the impact of technology. He is also an Adjunct Professor at the Rotman School of Management.

Don Tapscott, keynote

Our exciting keynote speaker is Don Tapscott, CEO of The Tapscott Group. He is one of the world’s leading authorities on the impact of technology on business and society. He has authored over 15 books including Wikinomics: How Mass Collaboration Changes Everything which has been translated into over 25 languages.

Don’s most recent and ambitious book was co-authored with his son, startup CEO and bitcoin governance expert Alex Tapscott. Blockchain Revolution: How the Technology Underlying Bitcoin is Changing Business, Money and the World was published in May 2016 and is, according to Harvard Business School’s Clay Christensen, “the book, literally, on how to survive and thrive in this next wave of technology-driven disruption” and, “likely to become one of the iconic books of our time.”

In 2015, Don became a member of the Order of Canada, and was ranked the 4th most influential management thinker in the world by Thinkers50. He is an Adjunct Professor at the Rotman School of Management, an Associate of the Berkman Klein Center for Internet and Society at Harvard University, and Chancellor of Trent University in Ontario. Don is the Founder and Executive Director of the $4M Global Solution Networks investigation of multi-stakeholder models for global problem solving and governance.

It is hard to imagine anyone who has been more prolific, profound, and influential in explaining today’s technological revolutions and their impact on the world.

Register now to meet Don and our Master’s admissions teams on November 6, 2016 at Rotman’s Annual Open House.

The Fall 2017 Master’s programs application cycle is now open!

Start your application for one of Rotman’s Master’s programs for working professionals today!

Study while you accelerate your career. At the Rotman School of Management, University of Toronto, we have four flexible options for ambitious working professionals looking to boost their potential through part-time Master’s programs.

Whether you are thinking of making changes at work or expanding your professional network, now is the time to take charge of your career.

Applications are now open for all our Master’s programs for working professionals at Rotman. Take a look at each of our four Master’s programs for working professionals and get ready to apply to the program that is the right fit for you.

Master of Finance

Rotman Finance Lab

Do you:
• work in the financial industry?
• have solid technical skills?
• want to become an expert in the finance field?

Consider the Master of Finance. Attend one of our admissions events to learn more about the program or start your application today. The first application deadline is November 15, 2016.

Check out the profiles of some of our students and alumni.

Morning & Evening MBA

skyline_650x271

Our Morning & Evening MBA program is perfect for those who have started their careers and want to broaden their leadership skills to strengthen their presence in the boardroom. Learn more about the program requirements through our admission events and start planning your submission for our first application deadline on November 20, 2016.

Executive MBA

rotman-sept-2012-650

At Rotman, we designed the One-Year Executive MBA program with senior industry leaders in mind. As an executive leader, this program will give you the tools to lead your team into success with confidence. Come to one of our information sessions to learn more or start preparing your application; the first submission deadline is on November 16, 2016.

Global Executive MBA

East Asia-Rotman18 months. 4 continents. Career Transformation.

In today’s global market it is imperative for leaders to understand the complexities of doing business across border. With Rotman’s Global Executive MBA program you’ll gain the practical skills and international experience to respond to the demands of today’s globalized world. The first application deadline is on November 16, 2016. Visit our website or attend one of our information sessions to learn more about the program.


Excited about the possibility of joining the Rotman community in 2017 but still unsure which program is right for you? Come to Rotman’s Open House on November 6 where you’ll be able to meet with alumni, current students and recruiters for all of our programs.

This is your chance to start building connections and learning all that there is to know to ensure you prepare a great application and start your part-time Master’s program in Fall 2017. Don’t wait, register now!

Bonus tip: the earlier you apply, the greater your chance of securing an entrance award.

MBA or MFin? Choosing the program that is right for you

MBA or MFin? Counting on our record of excellence from our cutting-edge Master’s programs, the Rotman School of Management at the University of Toronto is a key destination for ambitious working professionals looking to advance in their careers. Given the choice of top Master’s programs, the question often then comes down to: which program should I choose?

If you work in finance, you may be wondering whether the Rotman Morning & Evening MBA or the Master of Finance (MFin) program is right for you. We spoke to Rummy Gill and Emily Mancuso, our Assistant Directors of Recruitment for the respective programs, to put together key tips and considerations that will help you choose the program that is most appropriate for your career goals.

Rummy Gill, Assistant Director, Morning & Evening MBA, Recruitment & Admissions

Rummy Gill, Assistant Director, Morning & Evening MBA, Recruitment & Admissions

Consider your background. Have you worked in finance for some time? Or, did you major in finance in your undergrad? The Rotman MFin program requires a strong foundation in finance.  In fact, over 60% of students have already passed the CFA I, II or III examinations by the time they are admitted into the program.

On the other hand, if you are interested in working in finance but your educational background does not have a strong foundation in this field or you need to gain more work experience in the sector, an MBA may be a better option. In fact, completing the Morning & Evening MBA and majoring in Finance would be a great choice for someone looking to transition into finance from a different functional area.

Emily Mancuso, Assistant Director, Recruitment and Admissions, Master of Finance

Emily Mancuso, Assistant Director, Recruitment and Admissions, Master of Finance

What kind of leader do you want to be? If you’re considering both programs, then, it’s likely you already have a strong finance background. In this case, you’ll need to ask yourself whether the skills that you need to do your job better include gaining in-depth finance expertise or whether it may be skills associated with general management.

The MFin focuses on further developing the technical know-how and strategic thinking that is needed to become a leading finance practitioner; even people with a CFA will feel challenged in this program.

On the other hand, the Morning & Evening MBA is about broadening your perspective. It has classes in Innovation & entrepreneurship, business design, consulting & strategic management. Our  grad Ciara Wakita makes reference to this in her interview with us. People whose immediate or mid-career goals include attaining a senior leadership role within their organization, therefore, might find this program a better fit.

Consider whether you are looking for breadth or depth. While in the Morning & Evening MBA you can choose from various majors and have the chance to pick from over 115 elective courses, the MFin program is designed to provide you with in-depth finance knowledge. Most courses in the MFin are finance specific. This means that you, your peers and your professors can expect a certain level of foundational knowledge and skills from the class and can move faster through the course. This also means you’ll be learning from a richer depth of material.

Think of the network you’d like to build. Given that the MFin is planned as one cohort of 35 to 50 students all the way through the program, you’ll be able to tap into a strong tight-knit network of finance professionals. The expertise that comes with such a group will certainly impact class discussions as it will be centered around finance and will be guided by the perspective of finance practitioners.

ME-MBA-IntensiveWeek1
In the Morning & Evening MBA program, your peers might come with a different background, influencing a multi-faceted perspective and network. Think of it like this: if your career goals include staying in finance but moving companies, the MFin could help you meet the right people to connect you with these kinds of opportunities; instead, if you were hoping to explore positions in other functions, you might want to consider the MBA, where you’ll meet people from all backgrounds and function areas.

Ultimately you’ll have to ask yourself, what are your career goals for the next 5-10 years? We recommend that you do your research to understand positions you’d like to aspire to and what people in these roles have done to get there. Consider, speaking to your HR department to learn about the future of your industry and what qualifications may become necessary or give you an advantage in the job market.


Still not sure which one is right for you? Visit our website or contact us and we’ll help you choose the program that is right for you.

International Study Tour to Japan: Rotman Master of Finance

Sabrina Wu, MFin '17, FRM, Money Market Trader, Bank of Tokyo Mitsubishi UFJ

Sabrina Wu, MFin ’17, FRM, Money Market Trader, Bank of Tokyo Mitsubishi UFJ

Opportunities to expand your experience and network internationally beyond the classroom abound at Rotman. Sabrina Wu, an MFin ’17, in our Master of Finance program for working professionals embarked on the Trans-Pacific Partnership Study Tour to Japan. Here is her account of her time on this once-in-a-lifetime experience:


I was chosen as one of two Rotman students to join a delegation of Canadian graduate students on the Trans-Pacific-Partnership Study Tour to Japan. It was a unique opportunity presented by the Ministry of Foreign Affairs of Japan aimed to foster better understanding of Japanese society, history, politics and economy. The trip focused on issues related to the Trans-Pacific-Partnership and provided exposure to several industries in Japan including Biotechnology, Agriculture, Automotive and Textile.

Rotman - Japan International Study Tour

The eight-day trip was packed with activities that included company visits, courtesy calls to local governments, lectures, site-seeing and dining. During my stay there, I visited three Japanese cities – Tokyo, Nagoya, and Kyoto. I had the privilege of experiencing Japan’s world class bullet train ¬ the shinkansen – travelling at speeds of 240 to 320 kilometers per hour. The well-developed and well-maintained infrastructure in Japan was very impressive. Its extensive and modern road network consists of 1,152,207 kilometers of highways and 6,114 kilometers of expressways.

The visit to Toyota City, Aichi Prefecture, and in particular, the tour of Toyota’s manufacturing plant was the most interesting to me. As business students, we are familiar with “the Toyota Way” – kaizen (continuous improvement), jidoka (intelligent automation) and just-in-time system. Being able to see these management concepts in action was absolutely amazing!

Our learning of Japanese auto industry did not stop there. Contrary to the assumption that industrial cities such as Toyota City must have the highest carbon footprint in the country, the city in fact led the country in low-carbon infrastructure. A visit to Ecoful Town allowed us to take a peek at what a future green society can look like. In 2009, Toyota City was selected by the Japanese government to be a model city for the environment. It set high standards for carbon reduction through building smart grids, smart homes, and hydrogen fueling stations. Each smart home is equipped with a Home Energy Management System (HEMS) to monitor and allocate energy use efficiently.

Rotman - Japan International Study TourAll serious business aside, touring around the beautiful Imperial Palace, Meiji Shrine, Asakusa, Osu Kannon, and Kiyomizu Temple was a very unique experience. Kyoto, the cultural centre of Japan, has 1600 temples. Dining and sleeping on tatami, enjoying Yebisu beer at a Super Mario-themed pub, and sampling 10 different kinds of Sake were some of the best memories of Japan.

Rotman - Japan Study Tour

Thank you to Rotman for providing the opportunity. I am so grateful for it and I look forward to sharing this amazing experience with many others!


Interested in learning more about the Master of Finance program at Rotman? Visit our website or contact us for more information.

Theory in Practice Series: Master of Finance Part Three

What is the Rotman Master of Finance curriculum like? How do our working professional students and alumni take the theory they learn in the classroom and apply them to real situations in the workplace? In this final blog post of our 3-part series on the Rotman MFin curriculum, current student Jose Rivas gives his view of the program so far.


Jose Rivas, MFin '17, CPA, CGA, Senior Manager, Financial Planning & Analysis Business, Operations, National Diabetes Trust

Jose Rivas, MFin ’17, CPA, CGA, Senior Manager, Financial Planning & Analysis, Business Operations, National Diabetes Trust

Jose Rivas, MFin ’17, CPA, CGA
Current role: Senior Manager, Financial Planning & Analysis, National Diabetes Trust
Role entering the program: Senior Finance Manager, National Diabetes Trust

The Theory:

In the Forecasting Risks and Opportunities class taught by Professor Tom McCurdy, we covered advanced methods to forecast and to assess risks in our financial models. In the Advanced Accounting class taught by Associate Professor Ramy Elitzur, we covered the use of statistical regressions to derive meaningful forecasting relationships.

The Application:

Although I didn’t use the exact forecasting models taught in the forecasting risk course (a mean reversion model), the methodology to develop a forecast and to assess model risk was meaningful as I was able to use the same techniques to create a production forecasting model. I then used the advanced accounting course material to assess the adequacy of the model (autocorrelation tests as well as the evaluation of the model’s parameters).

The end result was the creation of a forecasting model with robust documentation. After presenting my findings to my CFO and senior operations management group, I got buy-in to roll out, and to use it to forecast production, which was a deficient process in the past. Through this, we have drastically improved guidance and product planning nationally.

Breadth of Finance Knowledge

In terms of general capital markets knowledge, most people with my background and level of seniority have a soft understanding of capital markets. The Analysis of Fixed Income Markets class taught by Associate Professor Fotini Tolias gave me a much better understanding of debt products and their origination.

Certainly, the context of this course is more relevant to those who work for large firms. However, in gaining this type of knowledge, I have been able to open up conversations with senior management surrounding access to mid-markets, and to understand what financial institutions seek out of these deals.

Finance Career Bridge

All in all, my take on the Rotman MFin program is that it is not only about specific knowledge – it is also about our ability to expand what we’ve learned in creative applications beyond the classroom. The Rotman MFin program is excellent for those with a background similar to mine who want to change up their finance career path as the program truly advances your finance knowledge and bridges your knowledge or skill set gaps.


Interested to see how the Rotman Master of Finance program for working professionals can help you master your finance career in just 20-months? Learn more about the Rotman MFin program on our website, or contact us to see if the program is right for you.

Theory in Practice Series: Master of Finance Part Two

Di Shan, MFin '17, CPA, CMA, Senior Financial Analyst, Canadian Tire Corporation

Di Shan, MFin ’17, CPA, CMA, Senior Financial Analyst, Canadian Tire

Make an immediate impact at work and on your finance career. According to our working professional students, the ability to practically apply the latest finance theories learned in the classroom is one of Rotman’s Master of Finance program’s key benefits.

Half way into the 20-month Rotman MFin program, current MFin student Di Shan shares her experiences so far – the knowledge she has gained, and how she applies this to her work daily. This is the second blog post in a series of three posts about the Rotman MFin curriculum.


Di Shan, MFin ’17, CPA, CMA
Current role: Senior Financial Analyst, Canadian Tire Corporation
Role entering the program: Financial Analyst, Canadian Tire Corporation

At Canadian Tire, I work in the corporate finance area providing financial support and management consulting to the senior management of our business teams.

The six courses that we’ve taken so far in the first half of the Rotman MFin program covered a broad range of topics in finance. The Foundation of Finance and Macroeconomics courses provided a great foundation for the theories and models required to understand and analyze market movements. I was able to very quickly apply what we learned in class. I linked discoveries from our weekly news article assignments to my weekly meetings with business clients; I would provide relevant market updates such as interest rate and exchange rate movements, and engage in in-depth conversation with senior leaders.

The Forecasting Risks & Opportunities course provided many practical tools and models that I was able to use in my financial planning work where I enhanced my existing forecasting models with regressions and simulations. The Financial Analysis course provided new perspectives to analyzing and valuing a company; the experience gained from working on the final project of valuing and comparing two firms was highly valuable. Applying the same procedures, and focusing more on the quality of financial disclosure, I was able to link back to corporate strategies when performing analysis on competitors at work.


Are you a working professional in finance? Have a look at the Rotman Master of Finance curriculum and see if the program is right for you. Contact us if you have any questions or to meet us for a coffee chat.

Theory in Practice Series: Master of Finance

MFin Theory in Practice: Hank Liu, Rotman MFin '17, Senior Performance Analyst, Manulife Asset Management

Hank Liu, MFin ’17, CPA, CGA, CFA II Candidate, Client On-boarding Manager, Manulife Asset Management

The latest financial theories with direct practical applications – this is what students can expect with the Master of Finance program at the Rotman School of Management, University of Toronto. Every day, our globally renowned faculty and practitioners translate their latest research and experience in the finance field into the classroom.

Over 20-months, the Rotman MFin curriculum covers in-depth topics such as Risk Management and Financial Institutions, Applications of Derivative Products, Investment Banking, Applied Portfolio Management and more. In this first of a series of three blog posts on the Rotman MFin curriculum, current MFin student Hank Liu shares his experiences in a few of the courses to date, and what this means in his everyday work, and for his career.


Hank Liu, MFin ’17, CPA, CGA, CFA II Candidate
Current role: Client On-boarding Manager, Manulife Asset Management
Role entering the program: Senior Analyst, Performance Measurement and Attribution, Manulife Asset Management

Professor Laurence Booth‘s Foundations of Finance course requires me to follow the market closely on a daily basis. Through this, I know more about what is happening around in the financial world, and this helps me better understand and predict our portfolio manager’s strategy. For instance, by closely following world news, I know when the U.S. treasury rate is expected to go up and would expect our U.S. fixed income PM to reduce our exposure to long duration securities.

Associate Professor Fotini Tolias‘ Analysis of Fixed Income Markets course is directly applicable to my work. I developed a much deeper understanding on all types of fixed income products. Part of my work is to analyze the performance, analytics, and attribution for our fixed income portfolios. By learning how to calculate average life, yield, duration, convexity, I developed an independent calculation tool/model for our team, and if there were any discrepancies on those characteristics, I have the confidence to validate them. Another example: there were some data issues with a “fix-to-floating” security held in our portfolio. As we covered it in class, I quickly figured out what caused the issues and suggested how to fix them.

Most importantly, these incredible courses offered by MFin program sharpened my expertise in financial world, and taught me how to speak the same language as professionals in other areas of finance. I now have a much better understanding of how other teams operate. For example, after taking the Forecasting Risks and Opportunities course taught by Professor Tom McCurdy, I am able discuss with the variable annuity team about their hedging strategies. The Corporate Finance and Valuation course taught by Adjunct Professor Heather-Anne Irwin was helpful for me to discuss the models developed by our finance project team.

I’m taking the MFin program at just “The Right Time”. As I am transitioning from accounting to investments, the MFin program is preparing me well for all the challenges that I will encounter in the future. Since I’m taking the MFin program as a working professional with a few years of work experience, rather than as a fresh undergraduate, I have a clear sense on “why I am taking the program”, “what I expect from the program”, and “what my plan is after the program”.


Interested in exploring the Rotman Master of Finance curriculum or want to see if the program is right for your finance career? Visit our Rotman MFin website or contact us for a chat.

Get It Done – Start Your Morning or Evening MBA Application

Do you want to start your Morning or Evening MBA at Rotman this September? Time is running out – get to it! Morning MBA 2017 student, Bojan Grabovac, spoke to us about his experience as a late applicant and came up with some useful tips for you to complete your application in time. Get started so you can have a chance to be the new addition to the Morning & Evening MBA class of 2018.

Hello Bojan! Thanks for taking time to speak to us.

As we are reaching the tail-end of application season, we want to hear about your experience as an applicant and how you managed to complete the application in just one month.

One of the reasons for my late application last year was that I took my time to figure out if the program was right for me. I was already convinced that I wanted to pursue an MBA, but I wanted to be absolutely confident that Rotman’s Morning MBA was the right fit for me. During the year I took my time getting to know the school, joining class visits, and researching everything the program had to offer so that I could make an informed decision.

Bojan Grabovac, Rotman Morning MBA '17

Bojan Grabovac, Rotman Morning MBA ’17

Applying at the later stages though meant that I had less time to prepare my application. However, at least for me, I needed the time pressure to just get it done. I think having just a month to complete the application gave me the necessary urgency to organize myself. There was still time to complete the GMAT after the application is submitted. Rotman’s admissions team was also amazing at turning around and giving me feedback — learning whether I’ve been accepted or not.

Complete your Morning & Evening MBA Application

Were you concerned that your application would be part of a final round of admissions?

I wasn’t concerned enough to dissuade me from applying. Obviously, I had some concerns about whether the class was full or whether there’d be any awards left. But I already knew I wanted to do an MBA and I wanted to get it as soon as possible. I had to think positively and had to remind myself that if I got in, then I’d be a year ahead in terms of reaching my goals.

How did you manage? Were there any specific strategies that helped you complete the application successfully and on time?

I knew I only had one month, so my first step was to get simpler items out of the way. For example, I wanted to get the transcripts and references done as fast as possible. This way, I’d have more time to focus on more challenging aspects of the application.

For the GMAT, Rotman offers useful GMAT events like mock exams, verbal and math refreshers that can help you prepare for the exam and get a good score.* I took advantage of the free online exams to understand where I stood and where my weaknesses were. Once I had a clear picture of my weak spots, I started focusing on practicing and preparing for these areas so that I could improve my score on the GMAT and my chances of getting in the program. Keep in mind that you are not required to complete the GMAT before submitting your application, you can do so after, which gives you a little extra time to prepare.

Do you have any pieces of advice for other applicants in a similar situation?

First, I’d suggest to try to eliminate all speculation and talk to the recruitment team. They are always ready to help. Not only can they answer burning questions, but they can also help arrange class visits so you can see for yourself whether you can see yourself as a student at Rotman, and offer help with a GMAT course.

Also, if you are sure that you want to do an MBA, don’t delay! The faster you get it done, the more time you’ll have to reap the benefits of this degree. I know for myself, once I made the decision I wanted to get it done as soon as possible. There is simply no benefit to waiting another year.


Ready to apply? Have questions? Contact us, visit our Morning & Evening MBA website and start your application today!

* Check our admissions events schedule often to see upcoming GMAT-related and other events.

Master of Finance: June 11-13, 2016 in review

What a busy couple of weeks at Rotman for our recently graduated Master of Finance class of 2016 and current MFin students! More than just in the classroom, our alumni, students, faculty and staff rubbed shoulders (and noisemakers) outside of school.

On June 11, 2016, we had our third annual friendly soccer match with Schulich’s and Smith’s MFin classes. Trophy goes to Smith this year. Well played!

The day after on June 12, we had our pre-convocation MFin reception where valedictorian Morgan Pampe gave a rousing and at times, emotional retrospective of the class over the past 20 months.

Finally, the big day! On June 13, the MFin class of 2016 officially became Rotman alumni.

Check out the photos below.

2016 Master of Finance Soccer Match

This slideshow requires JavaScript.

Rotman Master of Finance Class of 2016 Convocation Reception

This slideshow requires JavaScript.

Rotman Master of Finance Class of 2016 Convocation

This slideshow requires JavaScript.

Rising Up with Rotman’s Morning MBA

Congratulations to the Rotman Morning & Evening MBA Class of 2016 on convocation day! After 32 months of hard and rewarding work, our Rotman MBA class of 2016 is graduating today and ready to expand their impact globally. It’s the perfect day to reflect on the overall MBA experience. We spoke to Ciara Wakita, about her time in the Morning MBA for working professionals.

Ciara Wakita, Rotman Morning MBA ' 17

Ciara Wakita, MBA ‘ 16

Congratulations on your graduation, Ciara! You must be thrilled to have arrived to the finish line. Looking back do you remember why you chose to complete the Morning MBA at Rotman?

Thank you. It has definitely been a fulfilling time of my life!

When I decided to enrol in an MBA program, I knew that I would do it part-time. Taking time away from my career was simply not an option for me. I ended up choosing Rotman because of its reputation in the financial services sector and because U of T is an internationally renowned school.

Once I chose Rotman, I had to decide between the morning or evening program. Because I wanted to keep an active social life and play sports in the evenings, waking up earlier two mornings a week made my days hyper-productive. After my 7 to 9 am class, I would still be able to get to work in time and put in a full day.

What would you say is your favourite aspect of the program?

I’d say it’s the camaraderie of the entire Rotman community. While you make a natural bond with people in your cohort in the first half of the program, I also made friends when I went into my electives in the second half of the program. I met amazing people from other cohorts. I didn’t the camaraderie, but there is just a very common understanding amongst everyone.

Ciara open house

Ciara Wakita (Morning MBA 2016) at our 2015 Rotman Open House

Did you develop a strong network with your friends and faculty during the program? How was this beneficial?

Yes. I feel that when you are in the program, you become part of a league of professionals who all have a common understanding about what you know. You are surrounded by super smart and overachieving people and it’s cool to talk about ideas. I have three close friends in the program who are what I call my ‘board of directors’. When I need to make a professional (or personal) decision, I go to them for guidance.

How has attending the Rotman school and completing the Morning MBA impacted your career so far?

Almost everyone in my cohort switched either jobs or roles while in the program. Even I switched roles within the same company. Just by being part of the program you become a hotter commodity in the labour market.

What piece of advice could you give new incoming students and prospects for the Morning MBA at Rotman?

Do things your way. There are so many events and clubs at Rotman, it can be overwhelming at first! Don’t feel like you need to do everything. Join clubs and events that matter to you; be selective. Personally, I didn’t get involved in student life as much as others. I don’t feel that I missed out on anything. I did what worked for me.

Congratulations again and thank you for your reflections, Ciara!


If you’re interested to learn more about the Morning MBA, contact us, visit our website or sign up for an admissions event. We’d love to hear from you. 

 

Rotman Master of Finance: A Wealth of Surprises

Today is convocation day for the Rotman Master of Finance Class of 2016! Congratulations. Our newly graduated Rotman MFin Class of 2016 is now armed with a new way to think about finance and management that will transform their careers as finance leaders.

Morgan Pampe, MFin ’16, CFA is the class of 2016’s valedictorian. He was drawn to the program for career reasons. What came as a welcome surprise was the wealth of experiences that Rotman makes possible: the professors, the case competitions, the speaker series, and most of all, the friendships. Here is a conversation we recently had with him.

Morgan Pampe, MFin '17, CFA

Morgan Pampe, MFin ’17, CFA

How does it feel to be finally done?

It’s nice to have a lot more free time. And since the weather has improved, it’s doubly uplifting. However, I do miss coming back to Rotman because I made so many great friends here.

Something people don’t appreciate or understand about the Master of Finance program is the closeness of the friendships you form here. As the program is so intensive, you end up spending a lot of your free time at the School, working on challenges together. It’s like when you’re younger and you’re doing everything together at the cabin, or going on a canoe trip.  I really enjoyed that aspect, because I was a camper and I like that idea of closely bonding with people.

That was something you didn’t expect.

Like most people, I was drawn to the program for career reasons. With regards to that, it was the right choice. But I had no idea of how much I’d like everyone in class. There are people from all sorts of different backgrounds, in terms of the country they’re from, or their professional experience or education. You get great perspective on many different things. You’re all going through the same process of working and doing school, so there’s a lot of empathy. People are smart and ambitious, and there’s also a sense that we’re all in it together.

Aside from the friendships you made, what’s the biggest take away from your experience?

I couldn’t imagine how smart the professors would be. I’d learn something in, let’s say, John Hull’s or Peter Christoffersen’s class, and the next day I would be doing it at work and showing people. I would get some blank stares or head nods, and they’d be, “That’s good.  We’ve never done that before. Keep doing that.”  I got to see how worthwhile the program is in real time.

Coming out as a graduate, you feel confident in talking to anybody about their job or their line of business. If you don’t understand it, you know how to find out. The program gives you the tools and confidence to dig deeper.

 If you were to talk to someone just entering the program, what advice would you give?

I would point out that Rotman has so much to offer. The professors are great. There’s a wonderful stream of smart people and ideas and knowledge that flow through here. There’s an incredible speaker series that brings in heads of state, professionals and industry leaders to come and share their ideas.  There’s an incredible alumni network, and always someone willing to sit down and talk to you.

That said, the opportunity is fleeting. Time is passing. It’s up to you to have the discipline to constantly try to get as much out of it as possible.  It’s like a wet towel and you need to just squeeze as much as you can out.  How hard you’re willing to do that is in your hands.

Edited. Full conversation with Morgan can be found here.


Are you interested in investing in your career with the Rotman MFin? Contact us or visit our website for more information. We’d love to hear from you.

A Day in the Life: Rotman Master of Finance

Finance working professional Christina Alexander, MFin '17, Vice-President, Derivatives and Structured Products, Citibank Canada

Christina Alexander, MFin ’17, Vice-President, Derivatives and Structured Products, Citibank Canada

Christina Alexander is Vice-President, Derivatives and Structured Products at Citibank Canada and a student in our Rotman Master of Finance program for finance working professionals. Demanding schedules are the norm for her and her peers in the finance industry.

We asked her to walk us through her regular work day and share about her experience as a working professional studying for her MFin.


6:00 am – 8:00 am. Typically, I’m awake between 6:00 am and 6:30 am. I head to work with the goal of being in my seat anywhere from 7:00 am to 8:00 am. “Breakfast” (aka coffee) takes place at my desk while I catch up on overnight news, and plan my day before the market opens.

8:00 am – 5:30 pm. The work day is unpredictable; it is usually a mixed bag of conference calls, meetings, watching the market, pricing and executing transactions, or working on new ideas and presentation materials for client meetings. I generally eat lunch at my desk unless I am taking out a client or have other commitments.

It’s hard not to think about the Master of Finance during the work day as it naturally fits in with my daily conversations with colleagues and clients. For example, I recently pitched a complicated hedging strategy to the Treasurer of a company. While she liked the idea, she needed to run it by her accounting team to understand how it may impact the company’s cash flow and leverage ratios. I wasn’t able to give her the perfect answer, but I was able to give her some preliminary thoughts, and more importantly, I had a good appreciation for her concerns.

5:30 pm. My team at work knows that I have class every Wednesday evening, and I try to start wrapping things up at 5:30 pm to make sure I’m on time for class at 6:15pm. Otherwise, unexpected things could come up and I could be stuck in the office forever!

Usually I receive a comment or two on the way out such as, “Wow, I forget Wednesdays are extra-long for you.”  Or, my co-workers want to ask me about what the night’s class topic will be – so I have to budget extra time for this. Additionally, we often have visits from our senior management in New York, as well as client entertainment in the evenings. Sometimes getting to class for 6:15 pm is not always so smooth; I have now perfected the art of popping into a social event, saying hello to everyone for a short period of time before politely excusing myself, and then finding a cab to dash to the Rotman campus.

6:15 pm – 9:30 pm. Class time! We also have a break for dinner where our entire class eats together; this is a great time to catch up with my classmates.

On an average day, I will leave campus right at 9:30 pm, with a couple exceptions: 1. As the program has a fair bit of group work, sometimes my group will meet briefly after class to make sure we are on track for our projects, and 2. If we’ve just written a final exam, our class may pop over to the pub for a celebratory drink!

9:45 pm – 11:00 pm. This is when I decompress and prepare for the next day. Hopefully I don’t have to pack and be up extra early for a flight to Calgary or Vancouver. Other times, if I have upcoming client meetings, I may spend some time preparing for those presentations. In any case, I try to get to sleep by 11:00 pm.


Thank you for sharing, Christina!

Christina exemplifies our Rotman Master of Finance students who have challenging, full-time finance careers, and who also attend classes part-time. Designed with busy finance working professionals in mind, the MFin program at the Rotman School of Management, University of Toronto has classes only every Wednesday evening and full days every other Saturday.

Curious to see if the Rotman MFin might be the next step in your finance career? Drop us a line and visit our website for more information. We’d love to hear from you.

Tips to Ace Your Master of Finance Application Written Essays

As you prepare the written portions of your Rotman Master of Finance application, your undergrad days when you last wrote essays may seem like a distant memory. Have no fear! We’ve talked to some of our current MFin students who came up with great advice on how to complete the written essays for your Master of FInance application.

In your application, you have to demonstrate that you have a record of academic excellence and relevant work experience. You also have to demonstrate your communication skills and suitability for the program through application items such as the written essays.  Here are some tips to help get past your writer’s block:

Startup Stock Photos

Focus on content. While style and grammar are important indicators of your ability to communicate effectively, on your written essays you should definitely focus on content—what you want to communicate to the admissions committee.

John McGlynn (MFin 2017) mentions, “The essays are your pitch to an admissions representative, therefore content is the most important part of the essays.” He adds that you should make sure to:

  1. Match up the Master of Finance degree to your long term goals. Think of how the MFin program can uniquely contribute to your professional and personal growth in comparison to other programs.
  2. Demonstrate how you’ll be a great asset to the class. Consider, for example, how your academic background, work experience, and network can add value to the program and your classmates.
  3. Emphasize why you want to attend Rotman. There are many finance programs in various schools in Toronto and around the world, so let the admissions committee know why you Rotman is the best fit for you.

Write from your own perspective: the essay is not generic, it is about you! This is your chance to get personal. Both Amy Wang (Mfin 2017) and Johnny Wu (MFin 2017) point out that being genuine is key to the success of your written essays. The admissions committee wants to know what you can bring to Rotman and the MFin program, and this is your chance to tell us. Mention what you have learned at work and how your job aligns with the goals of the program. Don’t forget to include details about your professional network; remember that as students of the MFin program you will learn from each other as much as from our professors.

John also emphasized this point, mentioning that the essay should be memorable. You need to shine through the hundreds of other essays that the admissions committee reads daily.

Ask for help. If you are stuck at any point or would like some guidance, Amy reminds us that you can always reach out to our Recruitment and Admissions team. Our team is always willing to help you at any point during your application! We are here to help you succeed.

writing tips post 3

Don’t forget to edit! Writing the essay is only half the work. Editing is just as important. A good tip from Johnny is to have others – like your family and friends – read over your essay. Having someone else read your work can often help you notice details and typos you would have otherwise missed.


Do you have any tips to share? Leave us a note below or contact us with any questions.

Rotman Evening MBA’s Impact on a Healthcare Professional

Healthcare professionals find the depth and breadth of management knowledge, and the flexibility of Rotman’s Morning & Evening MBA programs particularly attractive. In today’s guest blog post, current Evening MBA student and healthcare professional Jia Inacio shares her experience so far in the program, and why the Rotman MBA works for her.

Jia Inaco, MBA '17

Jia Inacio, MBA ’17, MRT(R)

“I completed my Bachelor’s education specialised in Radiation Sciences at the University of Toronto. Currently I am working in Princess Margaret as a Breast Cancer Imaging Expert. My work is involves imaging guided breast cancer detection and diagnosis. I take pride in helping women, addressing their personal concerns, as well as providing timely treatment.

“My days are often from 8 am to 4 pm with slight variations. Unlike many other clinicians who may have to work in shifts, mine are fairly fixed. On my own time, I enjoy learning and self-improvement, which led me to pursue several professional development courses and the UHN emerging leaders program. At the same time, I seriously looked into master’s programs that would be a right fit for my career goals.

Princess Margaret Cancer Centre

Princess Margaret Cancer Centre

“I knew I wanted to keep working as I pursued further education because keeping my professional skill and experience fresh was important to me. Also, I love the tangible impact I am making battling breast cancer.

Reputation, convenient location, doable schedule and powerful network

Welcome to the Rotman School of Management, University of Toronto.

Welcome to the Rotman School of Management, University of Toronto.

“Rotman’s part-time MBA degree is an attractive option due to its reputation, convenient location, and outstanding alumni network. Having met a couple of Rotman alumni, and encouraged by my husband, I decided to apply to the part-time MBA program. The evening MBA program appeals to me, because it fits around my work schedule. I can work, go to school, and still have my weekends. Every Tuesday and Thursday, I’d finish at Princess Margaret, get home quickly to my little puppy, and then walk over to Rotman for class by 6:30pm. Most times, I’d be home around 9 or 9:30pm, and be able to have a late dinner before heading to bed.

“My classmates are one of the best parts of my Rotman experience. I have classmates who work in finance, IT, telecom, aerospace and so on. I get to discuss ideas with fresh new perspective all the time. In the beginning, I had doubt in my ability to compete in this elite group. However, I found that we are all aiming for the same goal: to get better together and to seek knowledge, which makes this education experience great. Learning aside, I have made great friends along the way.

Beyond the classroom

“Outside of the regular school schedule, I am also a member in two student societies. Last year, I was able to participate in a case competition. My goal for the next year is to take on more projects as well as to join more case competitions.

“The benefit of choosing to do my MBA at Rotman is already shining through. I find that I can often apply what I have learned in the classroom into work and my personal life. I’ve led a hospital wide open house event, made several work environment improvements, started my personal blog in helping women to seek breast health knowledge, and am now applying for a research fellowship for allied health professionals. Post Rotman, I hope to stay in the healthcare sector. My clinician experience together with my business management knowledge would help me to identify needs and bring tangible benefits to patients. I am a dedicated healthcare professional and am proud to be a part of the Rotman community.”


Students and alumni in Rotman’s Morning & Evening MBA programs for working professionals come from all industries, including healthcare. At Rotman, they’re able to bring together their industry experience with new management knowledge to make big impacts in the global community. Read about some of our Rotman MBA students and graduates – where they’ve been and where they are now.

If you’re interested in learning more about our MBA programs and how they might fit your career, please fill out our contact form. We’d love to hear from you. We also have opportunities for you to experience what it’s like to be a Rotman MBA student with events like our upcoming strategy sample class on May 31, 2016.

StrategyatRotman-160531

The topic will be Aligning the Stars: Using Systems Thinking to (Re)Design Canadian Healthcare. We invite you to attend and look forward to meeting you.

How to Ace the Master of Finance Video Essays

Working on your Rotman Master of Finance application? Flummoxed by the video essays? We asked our newly admitted students to share tips on how to complete and ace our Master of Finance video essays. These incoming students only recently completed their applications, so the MFin video essays are very fresh in their minds. Review their tips below and prepare to ace the Master of Finance video essays:

Screenshot from Rotman Master of Finance video essays application.

Screenshot from Rotman Master of Finance video essays application.

How you express and present yourself is just as important as what you say. As a finance leader, you’ll be expected to present strategies for success; along the same lines, the admission committee is looking to see if you have what it takes when it comes to your presence and ability to clearly articulate your ideas.

Brendon Buschman (MFin 2018) says, “Even if you feel like your response is not shaping up to be reflective of your abilities, keep focused on how you are presenting yourself non-verbally.” This thought is echoed by Jessie Hao (MFin 2018) who emphasizes that, “Even if you are at home, you should dress professionally and be ready to impress.”

Also, don’t be afraid about the content and nature of the questions. As Nicole Chang (MFin 2018) says, “the video essays questions are straightforward and personal in nature. You don’t have to worry about anything too technical or complicated. Brainstorming a handful of experiences about who you are, what you like to do, and the things that make you tick. When answering the question, be confident and get to the point directly within the given time frame.”

“Be confident and get to the point directly within the given time frame.”

Practice like you would for an interview, but don’t memorize a script. Much like a job interview, the video essays are trying to assess what you are like as a person and as a professional. This means that you can use similar job interview preparation techniques. Brendon notes that practice helped him calm his nerves during the video essays. Nonetheless, Daanish Afzal (MFin 2018) reminds us that you should definitely not memorize a script. After all, the video essays are evaluating your ability to think on your feet and communicate effectively. Instead, he suggests to focus on key points you want to highlight and how you’d like to relay this message.

Get used to a recording environment. Last but not least, all students agree that it is essential to get comfortable with a recording environment. Brendon mentions that in order to get rid of the strange feeling of being recorded, he set up his own recording environment and practiced several times through dry runs to get used to it. Jessie points out that you should definitely check for any hardware and software malfunctions. Just imagine starting the video essays and your computer running out of battery!

Following these tips will sure help you ace the MFin video essay. If you have any questions on concerns don’t hesitate to contact us or visit our website.

Redesigning Canadian Healthcare: Rotman Major in Health Sector Management & Sample Class

How can we redesign, and improve, Canadian healthcare? Without question, in our current environment of changing demographics and population demands, every healthcare system on the planet has room for improvement. At the Rotman School, we are aware of the important challenges and questions faced by healthcare professionals and managers worldwide. With a view to making meaningful impact on the industry, our Major in Health Sector Management is designed to help tackle these issues and work towards creating world class healthcare systems.

Through this major you can study important topics such as: the commercialization of life-science products, the role of the private sector in the industry and performance management, governance and control. You’ll also be able to learn about such areas as Health Sector Strategy and Organization, Pharmaceutical Strategy and Healthcare Consulting. Whether you are a physician looking to refine your management skills or a healthcare administrator looking to gain specialized knowledge in your field, this may be a great option for you.

Jia_Inacio_MBA

Jia Inacio, Evening MBA 2017

Jia Inacio (Evening MBA 2017) and Rishie Seth (Evening MBA 2017) are both healthcare practitioners benefiting from Rotman’s close research ties to the health sector. With Rotman’s Morning or Evening MBA programs, working professionals have the option to accelerate their careers and work on their MBA at the same time. Jia works at Princess Margaret Cancer Centre and Rishie is a physician at St Joseph’s hospital; both students agree that this program will help them make an impact on the future of their organization and the healthcare system in Ontario.

Rishie_Seth_MBA

Rishie Seth, Evening MBA 2017

Wondering about the actual classroom experience? We have the perfect opportunity for you to sample an MBA class on May 31, 2016. We invite to attend and meet us at our sample class Aligning the Stars: Using Systems Thinking to (Re)Design Canadian Healthcare.

StrategyatRotman-160531

This sample class will open your eyes to different ways of thinking about a management problems and will point you to system thinking as a tool to redesign healthcare systems and healthcare organizations. You will learn from none other than Professor Brian Golden, Vice-Dean, Professional Programs and the Sandra Rotman Chaired Professor in Health Sector Strategy at the Rotman School of Management, The University of Toronto, and The University Health Network.

The sample class is based on his research with the Veterans Administration’s Health System in the U-S. – a publicly funded health system remarkably similar to those in Canada. Professor Golden will reveal the levers that leaders of health systems and healthcare organizations can use to move from woefully under-performing to world class.

Professor Brian Golden

If you are a healthcare professional interested in expanding and deepening your knowledge of the health sector and tackling common management challenges, or you are interested in growing your strategic thinking, we would love to meet you at this sample class! Register to Aligning the Stars, and we look forward to seeing you on May 31.

Do you have any questions? Contact us or leave us a note below!

Are You the Next Addition to Our MFin Class of 2018?

As we near our next application deadline on June 15, here’s a sneak peek at how the new Rotman Master of Finance class of 2018 is shaping up. These MFin candidates will start the program this coming September 2016. They come from all areas of the industry and are already very professionally accomplished.

You could be their future classmate and share in their MFin journey this year.

Are you the next addition to our MFin class of 2018? To see where you stand, email a copy of your resume & transcript to Breanna Brooks, our Assistant Director of Recruitment & Admissions.

MFin Class of 2018

Kitty Rong
Manager, Securitization, Real Estate Secured Lending, Scotiabank
Portfolio Management
10 years’ experience
CFA & FRM
Bachelor Degree of Mathematics, University of Waterloo

 

MFin Class of 2018

Daanish Afzal
Associate Portfolio Manager, RP Investment Advisors
Portfolio Management
5 years’ experience
CFA
Bachelor of Arts in Economics & Employment Relations, University of Toronto

 

MFin Class of 2018

Daniel Nieto
Analyst, Risk Management, East Coast Fund Management
Portfolio Management
8 years’ experience
CFA level III candidate
Bachelor of Business Administration, University of Guelph

 

MFin Class of 2018

Mathieu Galipeault
Structuring Manager, BMO
Risk Management
6 years’ experience
CPA/CMA
Bachelor of Commerce, University of Ottawa

 

MFin Class of 2018

Patrick Kodjo
Senior Risk Rating Specialist, Commercial Banking, TD
Investment Banking
4 years’ experience
CFA level II candidate
Bachelor of Finance, EDHEC
MBA, Auburn University
Master of International Economics, Université de Clermont-Ferrand I – CERDI

 

Nicole Chang, Rotman MFin candidate

Nicole Chang
Senior Fund Accountant, CITCO Fund Services Companies
Accounting/Audit
3.5 years’ experience
CFA level II candidate
Bachelor of Commerce, McGill

A Day in the Life: Rotman Morning MBA

Adam Cohen, Morning MBA '16

Adam Cohen, Morning MBA ’17

Ever wondered what it’s like to be a full-time working professional who also attends classes part-time two mornings a week as a Morning MBA student? We asked Adam Cohen, Morning MBA 2017 and Nursing Unit Administrator at Mount Sinai Hospital to walk us through a typical day.

4:00 – 7:00 am. I wake up at 4:00 am, have breakfast and head to the gym. At 6:00 am I will finish up my work-out and get ready to head to Rotman.

Morning MBA

7:00 – 9:00 am. Class starts at 7:00 am, so I arrive at 6:45 am and chat with my classmates until then. During class, professors involve students’ experiences and perspectives to explain theoretical concepts. I find this the most beneficial aspect of the program. By 9:00 am class is over and everyone heads out to start their day.

9:30 am – 12:00 pm. My work day starts at 9:30 am, when I head out to my team at Mount Sinai Hospital and see what events have transpired overnight or that morning. At 10:00 am I check my emails and continue to work on projects. This is where I see the benefits of the Morning MBA program taking place as I apply what I’ve just learned that morning to my work. Here is an example: upon review of my surgical floor, I discovered that I require an additional regular full-time employee. Due to the new government funding reform, my organization requires rational for any new hire. Using my knowledge from the course, I am able to accurately articulate the net present value of this position. Applying new learnings to my daily activities is an extremely beneficial strategy to reinforce the lesson that took place earlier in the day. It also shows senior leadership that my decisions are based on sound knowledge

Morning MBA

12:00 pm. At noon I will sit down an eat lunch with colleagues where I share about what I’m currently learning, and future social gatherings organized through my Rotman network. My colleagues are shocked to hear that class starts at 7:00 am and at how early I wake up. I chuckle and remind them that I arrive to work at 6:30 am on a day when I don’t have class. So starting at 7:00 am is actually a 30 minute sleep in!

12:45 – 5:30 pm. After lunch I go back to my units and connect with the team leader. This is often followed by leadership meetings. I believe I have developed in my role due to my time at the Rotman Morning MBA program. I am asking questions and thinking in a way I typically would not have prior to the program. I am speaking with more confidence at work, which resulted in my manager asking me to take on projects that are beyond my current scope of practice, and that have wider organizational impacts.

5:30 pm. I finish up for the day and start my walk home, checking my messages and group chats with my friends and teammates from Rotman.

6:30 – 9:30 pm. It is dinner time and I watch a mindless show to relax. Once dinner is over I catch up on phone calls and personal emails. Reading the Rotman’s GBC weekly article is very helpful for me to gauge the different events that are occurring at school. Finally, I’ll review my notes and put a plan in place to complete my homework over the weekend or work on my group responsibilities to ensure they are complete prior to meeting up.  Given that I wake up at 4:00 am, I like to go to bed early; so at 9:30 pm I turn on my alarm and hit the sack in order to wake up and start my day bright and early!


Are you a morning person? Tell us what are your strategies to get your day moving and how these help you be more productive!

Classmates, friends, network for life

Network for life: Rotman MFins Jose Rivas, Wentao Jiang, Srijan Agrawal, Fotini Tolias (Academic Director), Michael Kristanto, Tony Zhuang, Tracy Chong, Christina Alexander, Chi Woong Hoh, Emile Givogue, Morgan Pampe

A fun night of connecting with Rotman classmates and friends (and winning a lot, apparently)! Master of Finance students at Charity Casino Night left to right: Jose Rivas, Wentao Jiang, Srijan Agrawal, Fotini Tolias (MFin Academic Director), Michael Kristanto, Tony Zhuang, Tracy Chong, Christina Alexander, Chi Woong Hoh, Emile Givogue, Morgan Pampe.

A network for life: that’s one of irreplaceable benefits that you can expect from being at the Rotman School of Management, University of Toronto. Classmates become lifelong friends who become the network that you can rely on throughout your career.

This March, the Graduate Business Council launched the inaugural Charity Casino Night, modelled after the Master of Finance program‘s traditional event. This year’s event brought together students, alumni, faculty and staff from all of the Rotman School’s master’s programs for a lively evening of fun, connection and raising proceeds for four charity partners.

Beyond the classroom, there are so many opportunities to develop your network for life here at Rotman. Here are a few examples of moments during your time at Rotman that could lead to your next great connection:

Remember that when choosing a graduate program, it’s also important to think about the community that will surround you. In the end, it’s this network that will make all the difference.


For more sneak peeks into some of our great events, keep reading our blog or visit our website.

Meet Your Professor: Fotini Tolias

Today, we’d like to introduce Fotini Tolias, our new Academic Director for the Master of Finance program. You will no doubt be interacting with her during the course of your time at Rotman.Fotini Tolias

Congratulations and welcome! We’re so excited to have you as our new Master of Finance Academic Director. Can you tell us a little bit about your background?

I spent the majority of my career in the capital markets, bond origination, which means that I used to create fixed-income securities in the primary market. Working for banks such as RBC and CIBC, my client coverage included Media & Telecom, Financial Institutions and special situations. My clients were large, publicly traded companies.

Can you tell us a little bit about your time at Rotman?

I’ve been at Rotman since 2009. I teach across all programs, from undergraduate to graduate programs. My area of expertise is in fixed income and I approach my teaching of it from a former practitioner’s point of view. Within the Master of Finance program, I teach the Fixed Income course. The course provides students with an understanding of the capital markets—specifically the bond markets—and how these markets function in practice.

What would you say is your approach to teaching?

Every class, I begin by reviewing new bond issues done in the market. I pick transactions that I think are interesting – that may tie into the lecture of the day – and then discuss them in class. Most people think that quants are boring, but they are absolutely not! That’s what I want to show my students in class. I try to make the market come alive for everyone.

By looking at actual transactions, students can make more sense of the finance theory. The classes I teach on fixed income are very hands-on.

Any advice to anyone interested in the Master of Finance program?

I think it’s a fantastic program. I wish it’d existed when I was thinking of going back to complete a graduate degree.

What I love about the program is that the students are very knowledgeable. To various degrees, every student has industry experience or an established career path. This brings a good mix to the classroom. It’s definitely one of the more challenging groups to teach because they have so much experience already. I have definitely been challenged in the classroom by students who work in the fixed income area. This keeps me on my toes and keeps me engaged and often leads me to consider fixed income from their perspective.

I am pleased to expand my involvement with the Rotman Master of Finance program and I’m looking forward to meeting everyone.


Subscribe to our blog for more thoughts on the finance industry, career paths and the Rotman MFin program. If you want to learn more about starting the Master of Finance program this September, check out our website or fill out our Master of Finance contact form for more information.

Tip: There are 3 ways to receive a GMAT exemption on your Rotman MFin application, including passing the CFA III exam. This is just one way we acknowledge the experience of our working professional applicants.

Meet Anne Deng, P.Eng, M.Eng, recipient of the Women in Business Excellence Entrance Award

 

Women in Business

Anne Deng, P.Eng, M.Eng, MBA ’19 is one of this year’s recipients of the Women in Business Excellence Entrance Award

Every year, applicants to our programs are considered for various entrance awards. The Women in Business Excellence Entrance Award is given to an outstanding female candidate in support of her career aspirations. We spoke to Anne Deng, one of this year’s award winners, to learn more about her career path and decision to do an MBA.

Congratulations on receiving the Women in Business Excellence Entrance Award!

Tell us a bit about your professional journey. What is your professional area of work?

I started working at Hydro One immediately after graduating from Engineering Science at the University of Toronto. Currently, I work at Hydro One as a senior engineer; I provide technical solutions to special projects, and offer technical support on new technology or new designs to be rolled out to the field.

While some may think that the utilities industry is stagnant and lacks excitement, I find it to be the opposite; there are diverse areas of interest in my line of work! Today in North America, new technologies are emerging waiting to be incorporated into the relatively dated power grid system. In this environment, there are numerous opportunities to use my knowledge to create something meaningful. Over the years, I’ve been quite lucky to be involved in a few large scale and impactful projects at Hydro One.

I see that you already have a Master of Engineering. Where do you see your MBA taking you in the future?

To be honest, when I obtained my Master of Engineering, I never thought I would be working towards an MBA one day. At the time I just thought “there are two routes – technical expertise or management, you either take one or the other”. Back then, I had my head set on the technical path, and was convinced that technical competency was the only thing I needed in my career.

I’ve become good at solving problems –problems handed to me by other people. As I see and experience more, I realize that having a mind that can pose questions and create solutions is a must for innovation and career advancement. While the Master of Engineering helped me to become a great problem solver, I certainly believe that the Rotman MBA will give me the insights to become a good “problem poser”; that is, to know the right questions to ask in order to facilitate impactful change.

Why do you think there’s a need for an MBA in your profession?

The Rotman MBA will help me to become a good strategic thinker, and THAT I believe is a very valuable skill-set in any profession.

What convinced you that Rotman is for you?

I debated between US business schools and Canadian ones. In the end, I decide to stay in Canada, and more specifically in Toronto, because I realized that the start-up community in Toronto is growing strong. The creative talent in this city cultivates a huge up-and-coming pool of entrepreneurs.

Once I picked the city, Rotman became the automatic choice. The downtown Toronto location is amazing, it’s the number one business school in Canada, and it has one of the greatest professional and alumni network in the country. I have to say though, as a proud U of T alumna, picking Rotman may have been a slightly biased choice! At the end of the day, Rotman is the obvious and right choice for me.


For this and other stories keep checking our blog! If you would like to learn more about our program, check out our website or contact us. The next application deadline is April 10!

Career growth in finance: reflections from a first class Rotman Master of Finance alumna

It’s incredibly inspiring to follow the career growth of our Rotman alumni. Recently, we got a chance to follow up with Krati Chhajer, MFin, CFA. She is an alumna from the inaugural Rotman Master of Finance class of 2009 and is currently a Director in Corporate Banking at CIBC.

Finance Career Growth: Krati Chhajer, MFin, CFA, Director, Corporate Banking, CIBC

Krati Chhajer, MFin, CFA, Director, Corporate Banking, CIBC

Thank you for taking the time to share your finance career story with us today! What made you first consider the Rotman Master of Finance program?

When I started to contemplate a graduate program, my options were endless. My credentials at the time were a Bachelor of Commerce degree with specialization in Finance and the CFA designation, with four years of work experience in capital markets.  I wasn’t looking for a career change but wanted to enhance my knowledge from the basic and intermediate foundation that were set.  First year MBA classes would have been repetitive with only second year offering the specialization that I was looking for.  I wanted to focus my immediate learning on quantitative skills with a deep dive on corporate structure and derivatives. The Rotman Master of Finance program offered these topics from day 1. Also, Rotman’s downtown location and vicinity to my workplace in the financial district was definitely attractive.

Has the Rotman MFin impacted your career in finance?

Definitely! I’d say that the critical thinking skills I learned had the biggest impact. The Master of Finance gave me the analytical skills to assess and understand how markets work, and to comprehend the theories and assumptions behind pricing and tail risk. The combination of critical thinking skills and learned knowledge affected how deep I could dig into my work.

All this being said, you have to evaluate for yourself what your finance background is and what the MFin program offers. At the end of the day, your MFin credentials will be compared to that of other masters’ programs. What will help is the incredibly deep finance knowledge you have gained from the program.

Tell us a bit about your professional journey.

Getting into the rotational program at Scotiabank with my MFin was a huge step, as I had rotations in corporate lending, market risk and economic capital – giving me the opportunity to see many aspects of the business. After completing the rotations, I took on a Senior Manager position in Global Risk Management with Scotiabank, where I adjudicated on trading lines to hedge fund counterparties. From there, I moved to Corporate Banking as a Director at CIBC, with a focus on non-bank financial institutions. I know the industry well, and have developed the technical skills with experience and with education – which helped me move effortlessly between these roles.

Krati, we know you’re a mom as well – any advice on balancing your career and home life?

I have two great kids who are three and five. I can’t say that I have all the answers on maintaining a good work/life balance all the time. You definitely have to stay on top of things. I have never held myself back because I am a mom but have acknowledged that having children does delay your career progression to some degree in the first few years. You do catch up, just don’t expect too much in the first five years with kids.

What I found really encouraging was listening to and meeting up one-on-one with other successful women with children. Hearing them talk about their experiences also helped to put the career and home balance into perspective.


If you’re interested to learn more about the Rotman Master of Finance program, visit our website at www.rotman.utoronto.ca/MFin or contact us. Our next MFin application deadline is in April and we look forward to reviewing your application.

Tip: the earlier you apply, the greater your chance of an entrance award.

Congratulations! Rotman Master of Finance Women’s Excellence Entrance Scholarship Recipient

Kitty Rong, MFin '18, Rotman Master of Finance Women's Excellence Entrance Scholarship winner

Kitty Rong, CFA, FRM, MFin ’18 is one of our Rotman Master of Finance Women’s Excellence Entrance Award winners

Congratulations to Kitty Rong, CFA, FRM, one of our Master of Finance Women’s Excellence Entrance Scholarship winners entering the program this September.

Would you be able to tell us about your professional background?

I’ve been at Scotiabank for nine years, and have been in the securitization area as a Manager for about five years. I’m happy to be working in a field that I’m truly interested in.

How did you find out about the Master of Finance?

I’ve always known that I wanted a Master’s degree. I first heard about the Master of Finance program through researching the Master of Financial Risk Management program which is also offered at Rotman. Due to my extensive work experience in the finance field, I was referred to the working professional MFin program instead.

What convinced you that the Rotman Master of Finance program is right for you?

I wanted a degree that offers very in-depth — and at the same time — broad finance-specific knowledge, which is why I ultimately chose the MFin instead of an MBA.

Two current MFin students chatted with me and gave me great insights into the MFin program. I also did a class visit and sampled a class in investments that is taught by Professor Peter Christoffersen. The teaching style and the remarkable material helped to cement my decision to apply.

How do you think the Rotman Master of Finance will help you in the next steps in your career?

With the knowledge that I’ll gain from the MFin program, I know that I will also gain confidence in my abilities to enhance my career. Today, everyone working in finance has a CFA, so a Master’s degree, particularly a specialized one, is a step that I need to take to move ahead faster.

Do you have any advice for other women in finance who may be in your shoes?

Women can be very accomplished in the workplace. We need to gain confidence in ourselves and education is a tool that we can use to build this confidence.

What do you hope to accomplish during your time at Rotman?

I look forward to the connections and friendships that I’ll make with my peers, alumni and faculty. I also look forward to building strong presentation skills and critical thinking skills from case study learning.

Congratulations again, Kitty – we look forward to having you here at Rotman this September!


If you’re interested to learn more about the Rotman Master of Finance program and our other entrance awards, visit our website at www.rotman.utoronto.ca/MFin. MFin entrance awards range from $5,000 to $20,000 each. Our next MFin application deadline is February 1. Tip: the earlier you apply, the greater your chance of an entrance award.

Contact us for more information or to start your MFin September 2016. You may also contact Breanna Brooks, Assistant Director of Admissions directly. We would be pleased to meet with you!

CFA Ethics Challenge: Third Win for Rotman Master of Finance

CFA Ethics Competition Winners 2016 - Rotman Master of Finance

CFA Ethics Challenge Rotman Master of Finance winning team. L-R Johnny Wu, Nicole Jiang, Elizabeth Ren and Michael Kim (CNW Group/CFA Society Toronto)

Congratulations to the Rotman Master of Finance winners of the annual CFA Ethics Challenge! This is the third consecutive year that Rotman students achieved first place, competing against students from Schulich, Queen’s Smith School of Business, and the University of Ottawa’s Telfer School of Management.

The CFA Ethics Challenge is organized to encourage the development of analytical and ethical skills required to tackle real-life challenges in the workplace. We asked winners Elizabeth Ren, Nicole Jiang, Michael Kim and Johnny Wu from the Master of Finance 2017 winning team to tell us about their experience.

Congratulations on winning this competition! How do you feel about bringing it home for the third year?

We are so proud (and also relieved, phew!) to bring home the top honor for the third year in a row, especially since Rotman was hosting the challenge this year. We all strongly believe in the importance of ethics for financial professionals. With the bloom of compliance and the regulatory industry, Rotman has taken the leadership in educating financial practitioners in this area. Our very own MFin Program is a strong evidence of this.

Where there other resources that you tapped into to prepare for this challenge?

While academic courses provided us insights into ethics in the finance world, mandatory and optional professional development modules offered by the Rotman MFin program really gave us an edge. The dynamic Teams Workshop showed us how powerful we can be if we value each other’s input and truly collaborate with each other; the Presentation Skills Workshop sharpened our skills and enabled us to present effectively in front of the CFA Society of Toronto. We worked extremely hard to dissect the complicated case, and now we know that all those Sunday practices and late online meetings were worth it! This experience has been more than rewarding and we are so grateful to have had the opportunity to participate in this challenge.

Did you reach out to your external network outside of your team?

We could not have done this without the support from last year’s winning team (Michael Szaura, Sheng Fei, Mahtab Faruqui and Roger Brown). We are so thankful for Roger taking time on a Saturday afternoon to coach us. Special thanks to our former and current MFin Academic Directors Alexandra MacKay and Fotini Tolias, and Reema Chaudhry our MFin programs Assistant Director,  who not only encouraged us but also provided much guidance.


If you’re interested to learn more about the Rotman Master of Finance program, visit our website at www.rotman.utoronto.ca/MFin or contact us. Our next MFin deadline is February and we look forward to reviewing your application.

Tip: the earlier you apply, the greater your chance of an entrance award.

Passionate about a career in finance? This program is designed for you.

Passionate about finance and accelerating your career? The Master of Finance at the Rotman School of Management may be the perfect program for you. In our latest video, world renowned Professors of Finance John Hull and Peter Christoffersen give compelling reasons why this program will enrich your professional life.

The Rotman Master of Finance is designed for students who are already working in the financial industry. “The Rotman Master of Finance offers a deep focus on a broad set of finance topics, where the CFA is quite centered on money management. The learning style is very different as well,” says Lindsay Sinclair, CFA, an MFin alumna and Vice-President, Rates Sales at RBC Capital Markets. The depth and breadth of our curriculum will give you the finance fluency to make direct impact in your boardroom and your career.

This program will impact your career in two main ways:

First, by studying at the top finance school in Canada, you’ll have access to state of the art resources such as our finance lab and to world-class finance faculty strongly connected to industry. Often, the best schools will have ties with industry, creating a reciprocal feed of input and ideas. This is the case with Stanford and Silicon Valley, and it is also the case with Rotman and the financial industry in Toronto.

Second, this program only admits one cohort per year, which means that you’ll be taking courses with the same people and at the same time. This will allow you to build strong professional and personal relationships that will continue well beyond the duration of the program. At Rotman we have a highly active and engaged Master of Finance alumni network, often participating in events together with our current students. In this community you’ll share study notes, tips and advice and you’ll be able to grow together as professionals by sharing ideas and challenging each other to think.

There is simply no question that this program can help you achieve your goal to become a future finance leader.

Want to learn more about the program? Contact us or attend one of our upcoming events.

The one skill that will boost your career in 2016

Whether your 2016 professional goal is to land a promotion in your company or get a new job, there is one skill that can help you: Networking.

The One Skill that will boost your career in 2016

Networking might seem overwhelming, but it’s nothing more than connecting with people with whom you have something in common, in this case, an industry or a career. It is also a critical skill in today’s job market. Research suggests that 80%[1] of jobs are obtained through networking. This makes sense when considering that, on average, companies receive 250 applications per job posting.[2] Hiring someone you know is simply a more efficient way of recruiting, making networking the key to a job seeker’s success.

From attending industry events to meeting someone for a coffee chat, there are various ways to network. But how do you get better at it?

Here are three steps to tone your networking muscle:

Engage. Attending an industry event or connecting with a former colleague? Be engaging to be memorable. Use LinkedIn; prepare questions and answers—remember that this should be a two-way conversation. It is certainly important to have an elevator pitch ready, but you can’t forget to listen. Listening can help you find out how you can be useful to others and create a stronger connection.

Reciprocate. Sometimes helping others is the best way to create connections that will turn into job success in the future. You may connect a friend or former colleague with someone you know; in turn, they may also be introduced to new people through this connection that you previously didn’t know, potentially extending the reach of the overall network for your colleague and yourself.

Appreciate. Whatever you do, don’t forget to say thank you. This is especially true after attending informational interviews or coffee chats. People have taken time to meet with you, so you should demonstrate that you value their time and what they’ve shared with you. It is always a good idea to send a thank you email or, even better, a thank you card.

As a working professional studying at the Rotman School of Management you can count on tailored Career Services and resources that can help you improve your networking skills. Be sure to connect with us or attend one of our events to learn more.

For these and other tips check our blog regularly this year.

Best of luck in 2016!

[1] Click here to read the article.

[2] Click here to read the article.

Happy Holidays from the Rotman Admissions Team!

Happy Holidays from the Rotman Admissions Team!

Happy Holidays from the Rotman Admissions Team!

We wish you a very happy holiday! This past year has been an exciting one as we welcomed into our midst Rotman’s newest degree program: the Master of Financial Risk Management (MFRM). Check out their blog too for tips and the latest program updates.

As we’re winding down for the holidays, we’re also gearing up to meet you in the new year. Please visit our Rotman Morning & Evening MBA or Master of Finance admissions events pages to sign up for one of our many upcoming 2016 events.

Our offices will be closed for the holidays from Dec 23, 2015 to January 1, 2016. In the meantime, check out our websites for more information.

Have a wonderful holiday and we wish you a prosperous new year!

Canada’s Demographic Challenge – How you can take the lead

A demographic challenge is fast looming for Canada. As our population ages, a whole new set of societal, business and political challenges arise, where currently no ideal solution exists. These challenges aren’t limited to just our country – they are also occurring in Western Europe and countries such as China.

demographic challenge

We spoke with Doug Hyatt, Professor of Business Economics here at the Rotman School of Management to get his view on Canada’s demographic Challenges, and how you can take the lead.

Could you tell us a little bit about the main demographic challenge that Canada faces today?
Canada’s challenge of an aging population is a critical issue because unlike other challenges that we face in the economy, what’s happening with demographics is not something that you can fix by increasing interest rates or choosing other short-term tools common in government economic policy. Really, this is a long-term challenge.

How is this topic relevant to prospective MBA students?
This topic is important to those learning to become leaders because this isn’t something that we’ve encountered before. For example, current challenges in the workplace – the way that companies finance their retirees’ benefits or where they source new workers – are issues that we’ve never dealt with before. Ultimately, solutions need to be headed by a new generation of leaders.

Is there a particular industry that will be affected more than others?
If you think about this from the perspective of “how do I make money?” it’s really hard to know who the winners will be. You may think of investing in the retirement home business, but the problem will come in 15 to 20 years when the generation of baby boomers has passed. You’ve got to think about what your business model is 15 years after that. So, it’s a harder question to answer than you’d think.

Do you think that high-skilled immigration to Canada is going to offset the issues associated with an ageing population?
That’s another important issue to address in conjunction with this topic. There’s a lot of competition for new immigrants and Canada regularly doesn’t meet its quota. Everyone wants young people who are highly educated and entrepreneurial; unsurprisingly, these people want to bring the rest of their family, including their parents. So, if you look at the demographic profile of immigrants to Canada, it doesn’t look very different from Canada’s population make up.

Any advice to business leaders and prospective students regarding this topic?
I would suggest that they familiarize themselves with the popular press. There’s a lot written about saving for retirement, myths about working longer, and intergenerational conflict. This will help them understand how this demographic challenge is already affecting their personal, professional and political life and can help them think of ways to address these issues.


On January 20th, 2016 meet Professor Doug Hyatt and learn about this critical topic that will affect your future and the world of business. Register and attend his sample class on the nature and implications of Canada’s evolving demographic.

T’is the Season! Dining Do’s & Don’ts

Rotman Happy Holidays Christmas CardOffice holiday parties offer the chance to gather with colleagues outside of work, and networking with food & drink can be tricky. The career coaches from our Career Services for Working Professionals team (they work with both our Rotman Morning & Evening MBA and Master of Finance programs) put together a quick Holiday Party Guide with tips, do’s and don’ts to showcase your professional polish.

Holiday Party Guide

Table Setting

Formal Place Setting

Formal Place Setting

Informal Place Setting

Informal Place Setting

Dining Etiquette

Dining Etiquette

Dining Etiquette

Source: tonyatko.com

Networking with Food & Drink

DOs

DON’Ts

Follow your host’s lead (allow them to sit and order first) Do not start eating before your host
Place your napkin in your lap upon sitting down Do not season before tasting your meal
Select easy to eat, familiar, mid-price range options Do not put your cell phone, bag, keys, or elbows on the table
Wait until everyone is served to begin your meal Do not dip your bread into soup or other sauces on your plate
Remember that conversation comes first, eating is secondary Do not push your plate or bowl away when you are finished
Use your inside voice, turn off your phone and keep it out of view Do not reach across the table
Mind your posture Do not dominate conversation; give everyone a chance to speak
Chew with your mouth closed Do not speak with your mouth full
Thank your host! Do not rub your chopsticks together

Connect with top finance leaders

The Rotman School of Management is home to many of the industry’s top finance leaders, and this is one of the reasons why working professionals increasingly look to our Master of Finance program to accelerate their careers.

Peter Meech, MFin '16, CFA, Investment Associate, Ontario Teachers' Pension Plan on connecting with finance leaders.

Peter Meech, MFin ’16, CFA, Investment Associate, Ontario Teachers’ Pension Plan

Peter Meech, one of our current MFin students provides his perspective on choosing the program. He is currently an Investment Associate with Ontario Teachers’ Pension Plan.

“I have a keen interest in expanding my knowledge through learning from and working with top finance leaders in the industry. The Rotman School of Management is the perfect outlet for satisfying this component of my goals due to its strong reputation for expert instructors. Although my successful completion of the CFA exams and a B.Math degree gave me the skills and foundational knowledge crucial to my individual learning, the MFin at Rotman adds a layer of leadership training that is vital to well-rounded success in finance. Specifically, through its opportunities for networking and collaborative work, I had the opportunity to work through practical scenarios with my peer group. Through this, I gained the practical skills that complemented my theoretical background knowledge.

“I believe this program is for people who are ambitious and have a passion for the financial industry. The benefits are twofold: the professors challenged me to apply my theoretical knowledge in the classroom into practice, and I have made strong relationships with classmates who I am confident will be future leaders in the industry.”


Interested in accelerating your finance career and in connecting with top finance leaders in Toronto? Contact us or attend one of our upcoming MFin information events to learn more.