I N V E S T O R S’ R E P O R T 2 0 0 6 0 7

1 A M E S S A G E F R O M T H E D E A N

2 T H E R O T M A N V I S I O N

3 S C H O O L R E C E I V E S $ 5 0 M I L L I O N F R O M T H E P R O V I N C E O F O N TA R I O

4 O U R C O L L E C T I V E A C H I E V E M E N T S : T H E Y E A R I N R E V I E W

6 V O L U N T E E R P R O F I L E : L A R R Y WA S S E R

7 T S X I N V E S T S A D D I T I O N A L $ 7 5 0 , 0 0 0 I N C A P I TA L M A R K E T S I N S T I T U T E

8 D O N O R H O N O U R R O L L 2 0 0 6 – 2 0 0 7

10 T H E R O T M A N V I S I O N F U N D

13 F I N A N C I A L R E P O R T A N D C A M PA I G N S TAT I S T I C S

14 R O T M A N B O A R D S

15 R O T M A N V O L U N T E E R S

17 R O T M A N AT A G L A N C E

TM Integrative Thinking and Business Design are registered trademarks of the Rotman School of Management.

This fifth annual Rotman Investors’ Report is a special tribute

to not only our donors, but also the countless volunteers who

give their time in support of the School and its vision. We

are incredibly grateful to enjoy unwavering support from

alumni, friends and organizations who believe in the School

and its ambition to rank among the world’s best. Your

backing is critical as we continue our quest to revolutionize

business education by developing an innovative curriculum

built around Integrative ThinkingTM and Business Design TM.

In the past year, the Rotman School has continued its

fierce competition among the world’s best business schools.

We have been very active in recruiting and retaining the

most talented students and faculty. While finding the financial

resources to support these individuals is a significant and

challenging task, we have been successful in attracting

some of the best human capital from around the world. With

leading faculty providing a unique educational experience

and producing ground-breaking research, the Rotman School

is at the head of the class in global thought leadership.

We wouldn’t be where we are today without you. Your

generosity in time and financial support has an immediate

impact: it enables our faculty to conduct pioneering research;

ensures that we offer the most modern and well-equipped

facilities; attracts leading young academics from top-tier

schools; and provides financial backing for many

11

A M E S S A G E F R O M T H E D E A N

exceptional students who would otherwise be unable to

gain the long-term benefits of our innovative programs.

Volunteers provide further support in curriculum development,

helping the School build valuable relationships and running

critical programs for students and alumni.

Your support of the Rotman School’s vision is a wise

investment in our collective future. While the School’s recent

momentum has been strong and our accomplishments

many, work remains to be done in reaching our highest

aspirations. I thank you for your support and encourage

you to remain close to us as we continue on our journey of

innovation and excellence. Rotman’s future is bright, and

I look forward to sharing every success with you.

RRooggeerr MMaarrttiinn

Dean, Joseph L. Rotman School of Management,

Premier’s Research Chair in Productivity & Competitiveness,

and Director, AIC Institute for Corporate Citizenship

Toronto, September 2007

22

The Rotman School has become globally renowned for its

unique approach to business education, built around

Integrative Thinking™. Rotman is developing a new way

to think about business for the 21st century, enabling the

development of creative business solutions for a world

filled with uncertainty, instability and risk. Rather than

accepting the world as it is presented to them, Rotman

students are learning how to create new, more powerful

models and solutions to shape the world around them

for the better.

S U C C E S S B R E E D S S U C C E S S

The reception to the Rotman vision for redesigning

business education has been greater than anyone could

have imagined. As a result,

• Rotman is currently ranked 27th in the Financial Times

ranking of the world’s top 100 MBA Programs, top 16

in North America and top 7 worldwide for Finance.

BusinessWeek ranks Rotman in its ‘International Top Ten’.

• Our faculty’s research is ranked 23rd in the world,

up from 65th place just four years ago, indicating that

their contributions are making a major impact on

global business thinking.

• Renowned business leaders such as JJaacckk WWeellcchh,

MMiicchhaaeell DDeellll, MMeegg WWhhiittmmaann, IIssaaddoorree SShhaarrpp, Canada’s

last five CEOs of the Year, and a roster of Nobel

Laureates have visited the School to share their wisdom

and experience.

• Since 1998, the annual intake of full-time MBA students

has more than doubled, to 267. The School also now

draws students from a wider talent pool: nearly 40

per cent of the Two-Year Full-Time MBA class of 2008

consists of international students from 33 countries,

speaking 39 languages. A larger student population

helps attract and support the best students, faculty and

recruiters, and ensures solid tuition revenue.

I N V E S T O R S H E L P PAV E T H E R O A D A H E A D

If they are to become tomorrow’s leaders and innovators,

Rotman students require access to world-class services and

equipment. With your support, we are able to provide

them with leading-edge classroom technology, a state-of-

the-art Business Information Centre (library), a Financial

Research and Trading Lab, the world-class computing

resources of the Rotman Portal, and the Rotman Interactive

Trader, a breakthrough tool in trading education.

In addition to new cutting-edge facilities, future priorities

for the School include investments in academic chairs and

individual faculty and enhancements to our evolving

curriculum. This year, we announced our ambitious plans to

construct a new building that will host the newly-established

PPrroossppeerriittyy IInnssttiittuuttee. The Institute was made possible by a

$50-million donation to the Rotman School by the Province

of Ontario (see details, page 3) and a $10-million gift

from Joseph and Sandra Rotman.

The new building will be constructed just south of the

Rotman School on St. George Street. In addition to

providing space for the new Prosperity Institute and a

50 per cent expansion of the School’s graduate programs,

the new building will house the DDeessaauutteellss CCeennttrree ffoorr

IInntteeggrraattiivvee TThhiinnkkiinngg.

S H A R I N G I N S U C C E S S

In the case of a great business school, success is something

that is shared across a virtuous circle: successful schools

attract great students; great graduates succeed in the business

world and demonstrate their school’s effectiveness; and all

those who invest their time and money in the school —

as advisors, investors, volunteers and recruiters — help to

generate even more success. The return on these investments,

both for the Rotman School and its supporters, lies in the

School’s increasing reach, reputation and influence around

the world. We encourage your continued support and

invite you to share in our successes to come.

T H E R O T M A NV I S I O N

When the PPrroovviinncciiaall GGoovveerrnnmmeenntt announced its 2007

budget, it also made a landmark funding announcement

for the Rotman School. The funding, which will total $50

million, will enable the School to construct a new building

that will host its newly-established PPrroossppeerriittyy IInnssttiittuuttee and

provide space for a 50 per cent expansion of the School’s

graduate programs, including its renowned MBA and

PhD programs. An additional $10 million in government

funding has also been allocated to the project, while a

further $60 million will be raised from private donations

to match the total government funding.

The campaign to raise the private funding is currently

more than half way to its goal and is being led by

GGeeooffff BBeeaattttiiee, President of WWooooddbbrriiddggee CCoommppaannyy, who

is serving as chair. The campaign’s honorary co-chairs are

DDrr.. JJoosseepphh RRoottmmaann, Chairman and CEO of RRooyy--LL CCaappiittaall

CCoorrppoorraattiioonn, and DDrr.. MMaarrcceell DDeessaauutteellss, President and

CEO of the CCaannaaddiiaann CCrreeddiitt MMaannaaggeemmeenntt FFoouunnddaattiioonn.

“The Prosperity Institute will enhance the province’s

prosperity by taking an integrative approach to the study

and creation of jurisdictional advantage,” says Rotman

Dean RRooggeerr MMaarrttiinn. “Currently, the study of how jurisdictions,

including provinces, become magnets for companies to

start-up, locate and grow, and for talent to study, live

and work, has been fragmented across many diverse

fields. This disconnected knowledge has been less helpful

to policy-makers and businesses than is required.”

“The Prosperity Institute will remedy this by bringing

together the best group of scholars in the world to study

jurisdictional advantage in order to create new and

valuable insights that will benefit Ontario and the world

at large,” adds the Dean.

Over the past decade, the Rotman School has assembled

the largest academic research group in Canada dedicated

to the study of jurisdictional advantage and prosperity

but has lacked the physical and funding infrastructure

necessary to advance the research. In summer 2007, the

Prosperity Institute announced that renowned urban thinker

RRiicchhaarrdd FFlloorriiddaa will serve as its academic director.

33

S C H O O L R E C E I V E S $ 5 0 M I L L I O N

F R O M T H E P R O V I N C E O F O N TA R I O

M AY 2 0 0 6

MMDDSS IInncc.., a leading provider of

enabling products and services to the

global life sciences markets, establishes

a new scholarship in honour of

JJoohhnn AA.. RRooggeerrss, the company’s

former president and chief executive

officer. The $250,000 gift is matched

by the University’s Graduate Student

Endowment Fund, creating a $500,000

fund for the JJoohhnn AA.. RRooggeerrss AAwwaarrdd

iinn LLeeaaddeerrsshhiipp for MBA students. The

first award will be granted in the

2007/2008 academic year to an

incoming graduate student who exhibits

outstanding qualities of leadership.

The award is valued at $30,000.

J U N E 2 0 0 6

The Rotman School launches RRoottmmaann

BBrriiddggee ttoo BBuussiinneessss (B2B), a month-

long program to help new graduates

of undergraduate programs learn

skills to get the right first job.

Lead partner SSccoottiiaabbaannkk creates 15

scholarships for students who have

an interest in pursuing a career in

the financial services industry, and

offers employment opportunities for

students who complete the program.

PPrrooff.. JJeeffffrreeyy CCaalllleenn, who holds the

Rotman Chair in Accounting, is the

winner of the HHaaiimm FFaallkk AAwwaarrdd

ffoorr DDiissttiinngguuiisshheedd CCoonnttrriibbuuttiioonn ttoo

AAccccoouunnttiinngg TThhoouugghhtt from the

CCaannaaddiiaann AAccaaddeemmiicc AAccccoouunnttiinngg

AAssssoocciiaattiioonn (CAAA). Also in July,

GGaarryy LLaatthhaamm, Secretary of State

Professor of Organizational

Effectiveness, receives the MMiicchhaaeell RR..

LLoosseeyy HHuummaann RReessoouurrccee RReesseeaarrcchh

AAwwaarrdd from the SSoocciieettyy ffoorr HHuummaann

RReessoouurrccee MMaannaaggeemmeenntt.

A U G U S T 2 0 0 6

JJaann MMaahhrrtt--SSmmiitthh, an Assistant Professor

of Finance, wins a HHPP TTeecchhnnoollooggyy ffoorr

TTeeaacchhiinngg HHiigghheerr EEdduuccaattiioonn GGrraanntt

valued at more than $80,000. The

grant, part of the HHPP TTeecchhnnoollooggyy ffoorr

TTeeaacchhiinngg IInniittiiaattiivvee, is designed to

improve student success and engage

faculty through the innovative deployment

of mobile technology in the classroom.

The School’s Financial Research and

Trading Lab launches the RRoottmmaann

IInntteerraaccttiivvee TTrraaddeerr, a breakthrough

tool in trading education. The software,

developed at the School, gives students

hands-on experience in investment,

trading and hedging strategies.

S E P T E M B E R 2 0 0 6

Dean RRooggeerr MMaarrttiinn is appointed the

University of Toronto’s first PPrreemmiieerr’’ss

RReesseeaarrcchh CChhaaiirr iinn PPrroodduuccttiivviittyy &&

CCoommppeettiittiivveenneessss following a $3-million

gift from the provincial government. The

chair has as its aim the strengthening

of Ontario’s productivity and economic

advantage.

O C T O B E R 2 0 0 6

In its bi-annual ranking, BBuussiinneessssWWeeeekk

ranks Rotman third among international

MBA programs, the biggest jump in

the rankings, and second in both the

corporate recruiters and intellectual

capital polls.

The Rotman School’s leadership in

Human Resources Management is

strengthened by a gift from KKWWAA

PPaarrttnneerrss that helps the School attract

leading HR executives to its MBA

program. The KKWWAA PPaarrttnneerrss AAwwaarrdd

iinn LLeeaaddeerrsshhiipp, to be granted annually

beginning in September 2007, provides

a continuing student in Rotman’s

Two-Year MBA program with $5,000

to help fund their education in the

area of Human Resource Management.

J A N U A R Y 2 0 0 7

A study tour takes a group of MBA

students to China, led by Prof. WWeennddyy

DDoobbssoonn, director of the School’s

IInnssttiittuuttee ffoorr IInntteerrnnaattiioonnaall BBuussiinneessss.

During their two-week tour, students

visit Hong Kong, Shenzhen, Shanghai

and Beijing to learn about the

opportunities and risks associated

with China’s integration into the

world’s economy.

44

O U R C O L L E C T I V E A C H I E V E M E N T S

T H E Y E A R I N R E V I E W: M AY 2 0 0 6 – A P R I L 2 0 0 7

J A N U A R Y 2 0 0 7

Four professors share the 2006

RRooggeerr MMaarrttiinn aanndd NNaannccyy LLaanngg

AAwwaarrddss ffoorr EExxcceelllleennccee iinn RReesseeaarrcchh

aanndd TTeeaacchhiinngg at the School. Profs.

FFrraannççooiiss DDeerrrriieenn, assistant professor

of Finance, and SSttéépphhaannee CCôôttéé,

associate professor of Organizational

Behaviour, are the co-winners of the

Award for Excellence in Research,

while Profs. RRaammyy EElliittzzuurr, Edward J.

Kernaghan Professor of Financial

Analysis, and DDoouugg HHyyaatttt, professor

of Business Economics, receive the

Award for Excellence in Teaching.

In its 2007 ranking of full-time MBA

programs worldwide, the FFiinnaanncciiaall

TTiimmeess ranks Rotman 27th in the

world. The School ranks in the top ten

worldwide for Finance, and Rotman

faculty are ranked 23rd in the world

for their research output. Rotman ranks

in the top 16 overall in North America.

F E B R U A R Y 2 0 0 7

The School’s CCaappiittaall MMaarrkkeettss IInnssttiittuuttee

(CMI), Canada’s only independent

institute for capital markets research,

receives a $750,000 boost in funding

from the TToorroonnttoo SSttoocckk EExxcchhaannggee.

The gift establishes the TTSSXX CCaappiittaall

MMaarrkkeettss IInniittiiaattiivvee and provides the

CMI with funds to support research

and policy initiatives in areas such as

cross-border investing, shareholder

activism, hedge fund dominance and

executive compensation.

M A R C H 2 0 0 7

For the second consecutive year, a

team of Rotman MBA students wins

an international case competition at

TThhee GGeeoorrggee WWaasshhiinnggttoonn UUnniivveerrssiittyy

SScchhooooll ooff BBuussiinneessss in Washington,

DC. The annual competition focuses

on finding solutions for a real-world

not-for profit agency. The Rotman

team of first-year MBA student

SSaarraahh SStteerrnn and second year MBA

students AAbbhhiijjiitt RRaawwaall, HHaallaa

KKoossyyuurraa and EElllliiee AAvviisshhaaii defeats

teams from 20 other business schools

to take the US$3,000 first prize.

In a landmark funding announcement,

the Rotman School receives $50 million

in funding from the PPrroovviinnccee ooff

OOnnttaarriioo. The funding will enable

construction of a new building that

will host the newly-established

PPrroossppeerriittyy IInnssttiittuuttee, and provide

space for a 50 per cent expansion of

the School’s graduate programs. An

additional $10 million in government

funding is allocated to the project,

while a further $60 million will be

raised from private donations to match

the government funding.

A P R I L 2 0 0 7

The School launches a MMaasstteerr ooff

FFiinnaannccee PPrrooggrraamm, a 20-month,

five-term program for professionals

currently working in the Finance

industry. Beginning in September

2007, the program offers a mix of

theoretical and applied courses, with

content that goes beyond that offered

by an undergraduate commerce degree,

a CFA or other professional programs.

The School launches the world’s

first MMoorrnniinngg MMBBAA PPrrooggrraamm for

professionals looking to pursue their

business studies outside of regular

office hours. The Three-Year program

features classes held on Tuesday and

Thursday mornings, from 7 to 8:59 a.m.

A $25,000 gift from the estate of

MMaarryy VVeerrnnaa SSiimmmmoonnddss establishes

the MMaarryy VVeerrnnaa SSiimmmmoonnddss RRoottmmaann

MMBBAA FFeelllloowwsshhiipp iinn SSoocciiaall CChhaannggee,

to be awarded to an MBA student

in the Two- or Three-Year program

demonstrating a commitment to

corporate social responsibility, global

citizenship, non-profit initiatives and

social justice. The $1,000 award will

be granted annually, beginning in

September 2008.

For the fourth year in a row, Rotman

School staff win the FFaaccuullttyy aanndd SSttaaffff

CCaammppaaiiggnn participation challenge,

with 60 per cent of its members

contributing to this year’s campaign.

The total overall participation from

both faculty and staff reaches a record

51 per cent, while collectively they

pledge over $89,000 in support for

the School. More than a quarter of

this year’s total Vision Fund revenue

is attributed to the campaign.

55

66

V O L U N T E E RP R O F I L E

L A R R Y WA S S E R , P R E S I D E N T, LW C A P I TA L

LLaarrrryy WWaasssseerr is a prominent philanthropist with an outstanding

track record of entrepreneurial success. He is also a generous

supporter of the Rotman School, serving as Entrepreneur-in-

Residence, a member of the RRoottmmaann AAddvvaanncceemmeenntt BBooaarrdd

and Chair of the EEnnttrreepprreenneeuurrsshhiipp AAddvviissoorryy BBooaarrdd ((EEAABB)).

In 2000, recognizing the critical need for student financial

aid, Wasser established the LLaarrrryy WWaasssseerr OOnnttaarriioo

GGrraadduuaattee SScchhoollaarrsshhiipp at the Rotman School. Since then,

12 deserving students, who otherwise would not have been

able to afford a business education, have completed their

MBA degrees and are well into successful careers.

With Wasser’s outstanding reputation as a volunteer,

donor and community leader, he has become a role model

for the next generation of entrepreneurs and business leaders.

KKaarreenn PPaappaazziiaann, Senior Development Associate, spoke

with Wasser about some of his motivations for volunteering

and his advice for others thinking of making a contribution.

KKPP:: How long have you been involved at the Rotman

School, and what motivated you to become involved?

LLWW:: My involvement began nearly a decade ago. I was

intrigued by the fact that RRooggeerr MMaarrttiinn, such an incredibly

successful businessman, was recruited to helm the School,

and I was fascinated to see the School undergo such a

rapid and profound metamorphosis under his guidance. It

became clear that, in order to sustain such growth, the

School required the support of the community. That’s when

I helped establish the Larry Wasser Ontario Graduate

Scholarship. Around the same time, I was invited to be a

member of the Rotman Advancement Board. My role at

the School and my interest in the School’s growth and

direction gradually intensified and in time, led to several

other rewarding volunteer opportunities.

KKPP:: Tell me about your involvement as the Entrepreneur-in-

Residence and Chair of the Entrepreneurship Advisory Board.

LLWW:: When I started as the inaugural Entrepreneur-in-

Residence — a position I have held for the past three years

— a specific job description didn’t exist, giving me free

reign to transform the position into whatever shape would

add the most value to the student experience and to the

School. Over time, the role has evolved to include a variety

of functions, including my Tuesday afternoon guidance

counselling sessions. I work closely with the students in

reviewing their business plans and proposals, as well as

providing general counselling and career advice. When an

idea introduced at a Tuesday meeting requires capital

and/or connectivity to the business world, whether through

partnerships or job opportunities, I can draw upon my contacts

in the business community to help push the project forward.

Many of the contacts I’ve made in the business community

have also ended up visiting the School as classroom guest

lecturers and judges of business plan competitions. I don’t

set out to recruit my colleagues, friends and contacts

for these roles, they are drawn to Rotman’s reputation as

a world-class business school. Once these individuals are

introduced to the School and our talented students and

faculty, they are often keen to become more involved,

whether as volunteers or donors.

In addition to my role as Entrepreneur-in-Residence, I

am Chair of the Entrepreneurship Advisory Board. EAB is

a volunteer board which provides advice on the direction

and development of course curriculum in the area of

Entrepreneurship. In this capacity, I am also working with

Professor OOllaavv SSoorreennssoonn on the School’s Technology-

Management Interface, in which student teams engage with a

client for six months to help solve a real-life business challenge.

KKPP:: In your opinion, why have students been so receptive

to the Entrepreneur-in-Residence position?

LLWW:: I bring my practical experience directly to the students

which complements what they are learning in the classroom. I’m

not afraid to tell them whether or not they have a real chance

with a business plan. I think the students value my candour,

and appreciate knowing what kind of answer they’re likely

to hear when talking to others like me in the business world.

KKPP:: What have you found most rewarding about working

with students, and what have you learned about yourself or

others during this experience?

LLWW:: I truly believe that however much the students are getting

out of this experience, in terms of advice and guidance, I

am benefiting a great deal more. It is incredibly rewarding

and uplifting to meet and work with such young, energetic

students, and it energizes me to know that I am making a

difference in the lives of tomorrow’s business leaders.

continued on next page

In February 2007, Canada’s only independent institute

for capital markets research received a $750,000 boost

in funding from its founding sponsor, the TToorroonnttoo SSttoocckk

EExxcchhaannggee (TSX).

The gift established the TTSSXX CCaappiittaall MMaarrkkeettss IInniittiiaattiivvee

aatt RRoottmmaann and will provide the CCaappiittaall MMaarrkkeettss IInnssttiittuuttee

(CMI) at the Rotman School of Management with funds to

support research and policy initiatives in areas such as

cross-border investing, shareholder activism, hedge fund

dominance and executive compensation.

“We investigate issues that impact the competitiveness of

Canadian capital markets,” says Professor PPaauull HHaallppeerrnn,

CMI Director and Toronto Stock Exchange Chair in Capital

Markets at the Rotman School. “This funding will work to

identify effective capital market strategies for Canada and

provide policy guidance to government and regulators. We

are delighted to have the TSX as our strongest supporter.”

As part of the Rotman Initiative, Halpern will also lead in

the creation and ongoing support of a TTSSXX NNaattiioonnaall

AAddvviissoorryy CCoouunncciill. The Council will meet at least once each

year to identify public policy issues concerning regional

and national capital markets.

“This is a first-of-its-kind network for policy research in

Canada,” says RRiicchhaarrdd NNeessbbiitttt, CEO of TSX Group.

“It will encourage a cross-fertilization of research ideas

among academic institutions across the country and, at the

same time, allow the informal sharing of ideas among

academic researchers from Canada’s top universities and

the people most involved in the minute-by-minute changes

taking place in Canadian capital markets. It’s a very

exciting initiative.”

The UUnniivveerrssiittyy ooff BBrriittiisshh CCoolluummbbiiaa LLaaww SScchhooooll was

the first to join the advisory council. “We can already

see how the council will add a cross-country perspective

to the research that various institutions undertake with our

support,” Nesbitt says.

To date, TSX funding has helped the Capital Markets

Institute advance thinking in areas such as income trusts,

credit rating systems and enforcement in Canada.

77

KKPP:: What advice would you give to someone who is

interested in using their skills and knowledge to help others

outside of the workplace?

LLWW:: I would tell them to get involved in something that is a

part of their history, just as the University of Toronto was

part of mine, and to look for ways of adding value to the

lives and careers of others. I guarantee that in the end, it

will be a positive experience for all involved.

Larry Wasser (BAH ’78, U of T) is President of LW Capital

Corporation, a private investment firm which offers strategic,

advisory and consulting services. Previously, he was Chairman

and CEO of Beamscope Canada Inc., one of Canada’s largest

sales, marketing and distribution companies of consumer

electronics products and computer products. In 1994, Wasser

was founder and joint venture partner of Electronics Boutique

(Canada) Inc., a mall-based retailer of video game related

products. A year later, he founded Ironside Technologies Inc.,

a company that specialized in creating business-to-business

Internet electronic commerce software solutions.

In addition to his outstanding commitment to the Rotman

School of Management at the University Toronto, Wasser

serves as Alumni Governor for the University of Toronto’s

Governing Council, and as Honorary Campaign Chair at

Innis College. Wasser has also been involved with a number

of other non-profit organizations in the community including

Mount Sinai Hospital and Baycrest Centre.

T S X I N V E S T S A D D I T I O N A L $ 75 0, 0 0 0 I N C A P I TA L M A R K E T S I N S T I T U T E AT T H E R O T M A N S C H O O L

$50 ,000 ,000 OR MOREProvince of Ontario

$10 ,000 ,000 – $49 ,999 ,999Marcel Desautels / Canadian Credit

Management FoundationSandra and Joseph (MCom ’60) Rotman*

$1 ,000 ,000 – $9 ,999 , 999Martin Ossip Family at the

Jewish Foundation of Greater Toronto

$750 ,000 – $999 ,999TSX Group Inc.

$100 ,000 – $749 ,999The John Dobson FoundationJohn H. Watson (MBA ’67)Anonymous (1)

$25 ,000 – $99 ,999Mary B. (MBA ’85) and

Graham Hallward*Jarislowsky FoundationKWA PartnersLoblaw Companies LimitedRoger Martin and Nancy Lang*The estate of Mary Verna Simmonds

$10 ,000 – $24 ,999Timothy D. Dattels*FirstService Corporation*RBC Foundation*Scotiabank Group*

$5 ,000 – $9 ,999Bank of MontrealHarvey Botting (MBA ’85)*Michael BregmanBrendan Calder*CIBC*Manulife FinancialElizabeth W. (MBA ’05) and

Andrew McBethJack Mintz*Peter Pauly*Gerry Rocchi (MBA ’81)*Sun Life Financial*Natalie (MBA ’89) and

Geoff (MBA ’87) TownsendVoorheis & Co. LLPPhyllis and Bill (MBA ’62) Waters*Alan White (PhD ’87)*Women in Capital Markets*Anonymous (3)

$2 ,500 – $4 ,999Joel A. Baum (MBA ’85, PhD ’89)*Jill E. Black (MBA ’80)*Canadian Tire Corporation, Limited*William A. Downe (MBA ’78)Norman Fraser (MBA ’68)*Aran D. Hamilton (MBA ’99)John Hull*Eric Kirzner (MBA ’70)John Robert Knebel (MBA ’73)*Thomas McCurdy*Robert D. and Joan McKeracherDouglas E. McLean (MBA ’98)Merrill Lynch & Co. Inc. FoundationMauro Pambianchi (MBA ’81)*Richard PowersBrian Scott Silverman*Dilip SomanGlen Whyte (DBA ’80, MBA ’81)*Anonymous (3)

$1 ,000 – $2 ,499Sidney E. Amster (MBA ’82)*Fariba Anderson (MBA ’04)Steve Arenburg*Ann Armstrong (MBA ’82, PhD ’93)*Kelly Battle (MBA ’97)*Bealight Foundation*James Richard Beattie (MBA ’98)William J. Biggar (MBA ’75)*Blake, Cassels & Graydon LLPBonnie Bloomberg (MBA ’94)*Laurence Booth*Leonard J. Brooks (MBA ’67)Donald A. Carmichael (MBA ’74)*Eric Y. W. (MBA ’77) and

Linda Y. H. Chan*Flora Chen (MBA ’01) and

Sheldon Hing San Sze-To (MBA ’02)*Gordon A. Clancy (MBA ’86)James D. Coutts (MBA ’99)*Lynn Damp (MBA ’82)Enzo De Luca (DBA ’70, MBA ’71)*Robert J. Ewen (MBA ’77)Michelle Mandy Fiebig (MBA ’99)Richard I. Findlay (MBA ’86)Ronald Paul Fournier (MBA ’62)*Brian Golden*Craig Roderick Stuart Goom (MBA ’06)Ann HatchDavid I. Hertzman (MBA ’74)*Wing Joe (MBA ’76)*David J. and Sandra A. Johnston*Harvey Kolodny*Merle Kriss (MBA ’77)*Asher Lai (MBA ’05)*Michelle C. Lalonde (MBA ’01)Spencer Lanthier and Diana Bennett*

Sam Lim (MBA ’93)Robert Ljubisic (MBA ’06)Rod Lohin*Stamatis Mantzavinos (MBA ’54)*Joe Martin*Vince Mazza (MBA ’98)*Thomas K. McCormick (MBA ’84)*Ken McGuffin*Michael N. Melanson (MBA ’87)*Sam Mokbel (MBA ’02)Tyler G. Moniz (MBA ’77)*Sridhar Moorthy*Colin Mark Mulligan (MBA ’96)Jeff Muzzerall*Huu Trung Nguyen (MBA ’87)*Gregory Nielsen (MBA ’05)John D. Ogden (MBA ’62)*Daniel A. Ondrack (MBA ’65)*Ian Donald Parker (MBA ’92)Donald W. Parkinson (MBA ’62)*Paul J. (MBA ’51) and

Patricia R. Phoenix*PPG Canada Inc.Joyce Rankin (MBA ’05)*Chandran Ratnaswami

(DBA ’77, MBA ’79)*Harold I. Redekopp (MBA ’87)Gail Regan (MBA ’78)Andrea Rudnick (MBA ’97)*John Sartz (MBA ’80)*Thomas C. Sears (DBA ’85, MBA ’88)Kim Shannon (MBA ’93) and Ho Sung*Jeffrey C. Shin (MBA ’82)*Lawrence Shum (MBA ’86)*Brian TannerScott Taylor (MBA ’93)*Torys LLPJohn M. Usher (MBA ’79, PhD ’90)*Norris W. Walker (MCom ’58)*Scott Roger Wambolt (MBA ’03)*John M. Warwick (MBA ’78)*Wendy Melvin & AssociatesMark D. Wiseman (MBA ’96)Evelyn S. Wong (MBA ’74)*Ruth G. Woods (MBA ’84)Jia Lin Xie*Laval Yau (MBA ’86)*Mary-Ellen Yeomans*Anonymous (4)

$500 – $999Tim Adlington (MBA ’90)Peter Alessi (MBA ’93)Donald ArmstrongGlenn Masao Asano (MBA ’94)*Neil Aubuchon (MBA ’98)*Kathryn Lorraine Beaton (MBA ’93)*Jennifer Berdahl

Shimmy Brandes (MBA ’02)*Paul M. CaseyLucy Wing-yee Chan (MBA ’92)Michael Chazot (MBA ’99)Brian G. Clark (MBA ’71)*Petra Cooper (MBA ’95)Tanya Maria Covassin (MBA ’96)Daniel Cushing (MBA ’97)*Beatrix Dart*David Diestel (MBA ’02)*Nicholas (MBA ’75) and

Susan Dietrich*Peter D. Dungan*David L. Dunne (PhD ’96)John Langley Easson (MBA ’94)*Colin EicherStacy Leigh Francis (MBA ’96)Jane S. Gertner (MBA ’76)*Jennifer Lara Gill (MBA ’03)Avi Goldfarb*Bill Goulios (MBA ’93)*Catherine E. Graham (MBA ’01)*Thomas E. Gray (MBA ’75)*Michael A. Hale (MBA ’82)*George W. P. Hayhurst

(DBA ’67, MBA ’68)*John R. Hicks (MCom ’60)*Andreas F. Hofmann (MBA ’93)R. Brian Howe (MBA ’93)Ian Janwaar (MBA ’06)Mark G. Johnson (MBA ’88)Linda Jussaume (MBA ’06)Raymond Kan*Seokjin Kim (PhD ’05)A. Douglas King (MBA ’65)*Arjun Kumar (MBA ’02)Glen and Susanne (MBA ’92) LadouceurGerald Legrove (MBA ’85)Michael S. Levy (MBA ’69)*Aven Wenyan Li (MBA ’05)Sing C. Li (MBA ’79)*Erwin Locher (MBA ’06)Yin Luo (MMPA ’00)*Stewart Evan Lyons (MBA ’04)Charles A. MacDonald (MBA ’90)David Murray Martin (MBA ’03)*Margaret and Wallace McCain*Joseph Milner*Mihnea Moldoveanu*William P. Molson (MBA ’81)Angela Moy (MBA ’96)*Esther Mui (MBA ’74)*Robert Natanegara (MBA ’93)Bernadette C. Naumann (MBA ’99)David Nava (MBA ’04) and

Mariana Urbiola (MBA ’04)*Jay Nicholson (MBA ’02)John Oesch*

88

D O N O RH O N O U R R O L L 2 0 0 6 – 2 0 0 7

Stella Beiqing Pan (MBA ’04)Chris Pandoff (MBA ’05)Carol S. Perry (MBA ’78)Douglas J. Pigot (MBA ’93)Paul Richards (MBA ’62)Jennifer Riel (MBA ’06)Gina Rizhanovsky (MBA ’06)Gary W. Ryan (MBA ’01)*A. Edward Safarian*Jim Sami (MBA ’92)James E. Seidewand (MBA ’74)*Amir Shalaby (MBA ’78)*Norman (MBA ’92) and

Janet (MBA ’04) Shiner*John D. Skelton (MBA ’74)H. Marie Smibert (MBA ’62)*Gregory W. Smith (MBA ’98)Suzanne J. Spragge*Ira M. Stambler (MBA ’91)Margaret E. Stephens (MBA ’75)*Toby Mina Stewart (MBA ’94)*Giovanni Strazzullo (MBA ’05)Jack R. Thompson*Anil Verma*Charles Vincent (DBA ’79, MBA ’83)Gordon A. Wilson (MBA ’60)*Thomas A. Wilson*Anita M. Windisman (MBA ’03)M. H. Franco WongJennifer Renee Young (MBA ’04)Ping Zhang*Anonymous (1)

$250 – $499Daisy Azer (MBA ’96)Patrice B. Bansa (MBA ’07)Dominique Barker (MBA ’98)Dushan Batrovic (MBA ’03)Michael C. J. Beamish (MBA ’70)*John Paul Beaudoin (MBA ’04)Arzhang Beheshti (MBA ’04)*Michal Berman (MBA ’03)Oded Berman*Christina R. Best (MBA ’85)John R. Bird (MBA ’71, PhD ’75)*Theodore S. Boreck (MBA ’75)*H. Ronald Bourdeau (MBA ’89)*Adam C. Brueckner (MBA ’06)Iain Robert Burnett (MBA ’03)*H. Michael BurnsAllan R. Butson (MBA ’95)*Garry Yiu Chu Chan (MBA ’03)*Patrick Kar Yin Chang (MBA ’00)Gautam Chaudhuri (MBA ’84)*Mark Cherutti (MBA ’03)Amelia L. Chik (MBA ’75)Paul Choy (MBA ’02)*Karen Christensen*

Jeffery Coles (MBA ’06)Raymond K. Cornbill (MBA ’63)Richard J. CurrieGeorge Daicos (MBA ’88)Jillian E. Darroch (MBA ’06)Donald R. Dawson (MCom ’51)*Leelah E. Dawson (MBA ’91)Francois DerrienLucio T. Di Clemente (MBA ’90)Janice and Anthony (MBA ’76)

DobranowskiJane Donaldson (MBA ’99)David Donnan (MBA ’82)Jackson Chun-Wen Doong (MBA ’05)Kevin Douglas (MBA ’06)Patricia Dunbar (MBA ’93)John C. EatonHeather-Anne Edwards Irwin*Ernst & Young*Cameron L. Fellman (MBA ’65)*Patrick T. Ferrier (MBA ’05)Ephraim Fiksel (MBA ’73)Warren W. H. Finlay (MBA ’92)*Amy Fisher (MBA ’04) and Bill Holy*David and Yvonne (MBA ’91) FleckFleck Family FoundationLouis Florence (MBA ’03)*David E. Fowler (MBA ’94)*Franmed Consultants (1993) Inc.Ian Fraser (MCom ’57)*Amos Fregoli (MBA ’96)Brent Furneaux (MBA ’04)John Roberts Fydell (MCom ’57)*David A. Galloway*Andy Ganapathy (MBA ’06)Michael A. Garratt (MBA ’89)*Amin Giga (MBA ’92)Rachel Linda Gillespie (MBA ’07)Robert G. Glover (MBA ’00)Masami Goto (MBA ’89)*Eleanor Gow (MBA ’77)Tony Gray (MBA ’00)Jonathan Greer (MBA ’04)Anthony F. Griffiths*Lawrence N. Gross (MBA ’57)*Lu HanCynthia A. Hansen (MBA ’94)*Larry HarrisonHaven Knowledge Systems Inc.William R. Hellings (MBA ’70)*Frank Hennessey (MBA ’05)Jennifer Hildebrandt*Paul Holden (MBA ’03)Michelle Lesley Horowitz (MBA ’95)Karen Hoy (MBA ’80)HSD Partners Inc.William Ka Chun Hui (MBA ’06)Tom Hyde (MBA ’05)

Peter Intraligi (MBA ’97)The Honourable Henry N. R. Jackman*Nadia JagarRon (MBA ’04) and Isable JagdeoAjay Jain (MBA ’06)Hongyuan Jing (MBA ’07)Donald E. Johnston (MBA ’69)*Fabian A. G. Joseph (MBA ’05)Santosh Damodar Kamat (MBA ’99)*Alik Kassner (MBA ’93)Stephen H. KauffmanEdward J. KernaghanMark Winston Kerzner (MBA ’00)*Anthony Koon Hung Ko (MBA ’91)Mohammad Ramin Komeilian (MBA ’06)Manfred Koo (MBA ’02)Subodh Kumar (MBA ’76)*Karin W. Kwan (MBA ’93)Young Wook Kwon (MBA ’06)Michael E. LeBlanc (MBA ’91)Robert J. Leblanc (MBA ’92)Geoffrey Leonardelli*Al Leong (MBA ’06)Larry Kei Fai Leung (MBA ’98)*Paul Yiming Li (MBA ’05)Andrew G. Lim (MBA ’04)Mary Elizabeth Loos (MBA ’98)Robert and Patricia Lord*Craig A. Lowery (MBA ’85)Hai Lu*Steve Lux (MBA ’05)Daniel J. Mader (MBA ’04)James P. Mahoney (MBA ’88)Kevin Lem MakBrenda MalloukAllan W. Mark*Rishi Marwah (MBA ’06)John M. Maxted (MBA ’95)*Donald I. McCaw (MBA ’98)John S. McFarlane (MBA ’75)*Gilbert G. McIntee (MBA ’72)Catherine A. McKay (MBA ’91)Peter R. McMullin (MBA ’67)Richard J. Meertens (MBA ’91)*Mark A. G. Methven (MBA ’92)Augustin Diakiesse Milandu (MBA ’07)Maria Milanetti (MBA ’89)Cheryl Millington*Ali Mozaffari (MBA ’05)Mary Helen Mullens (MBA ’02)*Kim Neutens*Robert Man-Chiu Ng (MBA ’93)*Allan P. O’Dette (MBA ’06)Hamid Omoumi (MBA ’93)John D. PennalAnton Pfisztner (MBA ’02)Robert Peter Preuner (MBA ’02)*David J. Pyper (MBA ’89)*

Sabaa Quao (MBA ’03)Norman W. Quon

(DBA ’70, MBA ’71)*Marc Reppin (MBA ’04)Catherine RiddellLindsay A. Rogan (MBA ’99)Joanna Rotenberg (MBA ’01)Wendy D. Rotenberg

(MBA ’83, PhD ’87)*Rothmans Bensons & Hedges

IncorporatedRodney J. Russell (MBA ’76)AnneMarie Ryan (MBA ’78)Bruce Sargeant (MBA ’05)Deanne SaundersKevin Michael Shnier (MBA ’01)Harry H. Shore (MBA ’56)*Marcello Populo DaCosta Silva

(MBA ’03)Paul R. Smeeton (MBA ’93)Wally J. SmieliauskasRichard Jean Smith (MBA ’01)*Olav Johann SorensonAndrew Thomson (MBA ’90)George O. Toller (MCom ’56)*Patricia B. Tremaine (MBA ’97)*David Russell Turner (MBA ’05)Jane Marie Van Alphen (MBA ’03)Michael A. Vanderkaden (MBA ’01)*Edmond F. Vanhaverbeke (MBA ’89)*Darlene Varaleau (MBA ’95)*Gabriel Villegas (MBA ’05)Louise A. Walker (MBA ’97)Jeffrey A. Wayne (MBA ’90)Mark Weber*Bruno Leo Welt (MBA ’05)Fredrick T. White (MBA ’62)*Christopher W. Wiegand (MBA ’93)*Albert Wu (MBA ’84)*Chai Him Yee (MBA ’74)*Wilson T. Young (MBA ’85)*Sherry Yuan-Hunter*David Zarek (MBA ’94)*Michelle Zathureczky*Anonymous (5)

** 33--yyeeaarr ddoonnoorr ttoo tthhee RRoottmmaann SScchhooooll

This list has been checked for accuracy, but errors may have occurred. If you have not been appropriately recognized, please let us know and we will correct the oversight.

For a complete list of donors, visitwww.rotman.utoronto.ca/supportrotman/donors.asp

99

1100

T H E R O T M A N V I S I O N F U N D

I N V E S T I N G I N S U C C E S S

The Joseph L. Rotman School of Management has set out

to become one of the world’s top-tier business schools.

Thanks in part to the generosity of RRoottmmaann VViissiioonn FFuunndd

donors, the School is well on its way to achieving that

goal. The annual Rotman Vision Fund supports the School’s

top strategic priorities and shapes the MBA experience for

future business leaders. Resources provided by the Vision

Fund support the School’s areas of greatest need, including

faculty recruitment and research, curriculum development,

and enhancement of student and alumni services and events.

In 2006 – 2007, the Vision Fund matched the impressive

fundraising achievements of the previous year, generating

nearly $350,000 in donations from alumni, friends, faculty,

V I S I O N F U N D C O M M I T T E E

The Vision Fund Committee is a group

of alumni who solicit peer-to-peer gifts

on behalf of the Rotman School and

educate others about the importance of

annual giving.

HHaarrvveeyy BBoottttiinngg (MBA ’85)

MMeerrllee KKrriissss (MBA ’77)

President, Kriss & Associates Limited

JJooyyccee RRaannkkiinn (MBA ’05)

Manager, Med/Surg/Neuro ICU,

Toronto Western Hospital,

University Health Network

AAmmiirr SShhaallaabbyy (MBA ’78)

Vice-President,

Power System Planning,

Ontario Power Authority

CChheerryyll YYoouunngg (MBA ’94)

General Manager,

Euro RSCG 4D

staff and students. Participation levels rose 10 per cent, as

more members of the Rotman community chose to reinvest

in the School’s future through their charitable gifts.

The VViissiioonn FFuunndd SSoocciieettyy (giving at the level of $1,000

or more) saw further success, enjoying a five per cent

increase in revenue and a six per cent increase in the

number of participants.

T H O U G H T L E A D E R S H I P

Rotman School faculty have built a stellar reputation for

their groundbreaking research and authoritative insight into

a wide range of management issues. Faculty expansion

is one of the key priorities of the Rotman School, and with

the help of Vision Fund donations, the School added five

1111

S U P P O R T I N G T H E S T U D E N T E X P E R I E N C E

This year’s annual GGrraadduuaattee SSttuuddeenntt GGiivviinngg CCaammppaaiiggnn

enjoyed a period of unprecedented growth as it expanded

beyond its origins in the Two-Year MBA program. For the

first time, students from the Three-Year MBA, EMBA and

OMNIUM programs also contributed to the Vision Fund

through the student giving campaign. This unprecedented

growth in student giving has helped the School make great

strides toward enhancing interaction between students and

alumni. In the past three years, the Alumni and Community

Relations office has increased the number of alumni

volunteer contacts for students by more than 500 per cent,

bringing the total to just under 2,000 participants. In the

upcoming year, the office plans to further increase the

number of contacts, and enhance the functionality of the

alumni contact database on the Student Portal to provide

easier access to career mentors. The GGrraadduuaattee BBuussiinneessss

CCoouunncciill and other student clubs will be given more

formalized assistance to help guarantee higher alumni

attendance at student events. The office also plans to

increase the number of events it hosts to provide students

and alumni with greater opportunities to network and

share their knowledge and experiences.

new accomplished faculty members last year: OOllaavv SSoorreennssoonn,

a professor of Strategic Management and Jeffrey S. Skoll

Chair in Technical Innovation and Entrepreneurship;

MM.. HH.. FFrraannccoo WWoonngg, an associate professor of Accounting;

PPhhiilliipppp AAfféécchhee, an assistant professor of Operations

Management; LLuukkaasszz PPoommoorrsskkii, an assistant professor

of Finance; and CChheenn--BBoo ZZhhoonngg, an assistant professor of

Organizational Behaviour.

The Rotman School’s roster of internationally-renowned

programs continue to grow and evolve to suit the needs of

the surrounding business community. Gifts to the Rotman

Vision Fund helped the School launch its new MMaasstteerr ooff

FFiinnaannccee program in September 2007. The Master of

Finance offers a mix of theoretical and applied courses,

with content that goes beyond that offered by an under-

graduate commerce degree, a CFA or other professional

programs. Also introduced in Fall 2007 was the world’s

first TThhrreeee--YYeeaarr MMoorrnniinngg MMBBAA program, for professionals

looking to pursue their business studies outside of regular

office hours. In 2006, Rotman debuted the BBuussiinneessss

DDeessiiggnn IInniittiiaattiivvee, an exciting collaboration with SSttaannffoorrdd

UUnniivveerrssiittyy’’ss IInnssttiittuuttee ooff DDeessiiggnn and other industry leaders

to help bring design thinking into the Rotman classroom.

1122

A L U M N I S U P P O R T F O R T H E V I S I O N F U N D

The generosity of Rotman alumni has always been the

foundation of the Vision Fund’s success, and the proud

tradition of alumni giving continued in 2006 – 2007.

To mark Spring Reunion 2007, alumni from the honoured

years were presented with a fundraising challenge that

asked them to contribute a total of $40,000 to the Vision

Fund. Before the challenge was presented, donations

raised over the course of the fiscal year totaled just over

$21,000. By challenge’s end, that total had climbed to an

impressive $51,500. The Rotman School would like to thank

everyone who participated in this successful fundraising

initiative, with a special thanks to JJaayy NNiicchhoollssoonn (MBA ’02)

who headed up the challenge, lending his name, time

and support to the appeal.

FA C U LT Y / S TA F F C A M PA I G N

One key growth area in the Vision Fund is the FFaaccuullttyy//

SSttaaffff CCaammppaaiiggnn, which provides those who work at the

School with a unique opportunity to show their support

for the School and its strategic goals. The past year saw

three new fundraising records set by the campaign. A

record total of $89,000 was raised; overall participation

hit 51 per cent; and despite the faculty’s valiant effort,

Rotman staff won the Participation Challenge for the fourth

year in a row, achieving a remarkable level of 60 per cent

participation.

This year’s Faculty/Staff Campaign was made possible

through the efforts of our five volunteer co-chairs. Serving

as the Senior Management Chair was RRiicchhaarrdd PPoowweerrss,

assistant dean and executive director of MBA programs.

Faculty Co-Chairs were DDiilliipp SSoommaann, Corus Chair in

Communication Strategy and professor of marketing and

Senior Fellow of the Desautels Centre for Integrative

Thinking, and AAllaann WWhhiittee, Peter L. Mitchelson/SIT

Investment Associates Foundation Chair in Investment

Strategy and professor of finance. Serving as Staff Co-Chairs

were JJeennnniiffeerr HHiillddeebbrraannddtt, manager of events and

communications, and LLyynnddaa PPaatteerrssoonn, recruiting coordinator

at the MBA Corporate Connections Centre.

Rotman development staff would like to sincerely thank

everyone who chose to get involved and reinvest in the

School by contributing to the Vision Fund this past year.

We greatly appreciate your loyalty and generous support.

If you have any questions about how to make an annual

gift, please contact the Rotman Vision Fund office at

416.946.3975 or at

visionfund@rotman.utoronto.ca.

To make a secure gift online, simply visit

www.rotman.utoronto.ca/supportrotman.

1133

C A M PA I G N P L E D G E S A N D PAY M E N T

As of April 30, 2007

$$ %%

Endowed Non-Student Aid 40,666,617

Endowed Student Aid 12,709,692

TToottaall PPaayymmeenntt aanndd PPlleeddggeess 5533,,337766,,330099 4477..4488

Expendable Non-Student Aid 53,389,915

Expendable Student Aid 625,013

TToottaall PPaayymmeenntt aanndd PPlleeddggeess 5544,,001144,,992288 4488..0055

Capital 5,014,425 4.46

Gifts-in-Kind 13,465 0.01

TToottaall CCaammppaaiiggnn:: PPaayymmeenntt aanndd PPlleeddggeess 111122,,441199,,112277 110000..0000

Based on the Rotman Development Report

B R E A K D O W N O F F U N D R A I S I N G E N D O W M E N T

As of April 30, 2007

$$ %%

Chairs 25,434,495 47.65

Professorships 509,027 0.95

Rotman Endowed Trust 9,422,020 17.65

Student Aid 12,709,692 23.81

Other Programs* 5,301,075 9.93

TToottaall PPaayymmeenntt aanndd PPlleeddggeess 5533,,337766,,330099 110000..0000

**BBrreeaakkddoowwnn ooff OOtthheerr PPrrooggrraammss

Centre for Finance 1,075

Marcel Desautels CCMF Journal of

Integrative Thinking 1,000,000

Marcel Desautels Centre for

Integrative Thinking 1,000,000

Dean’s Excellence in Teaching and

Research Award 100,000

AIC Institute for Corporate Citizenship 3,000,000

Petro-Canada Young Innovators Award 200,000

TToottaall OOtthheerr PPrrooggrraammss 55,,330011,,007755

Based on the Rotman Development Report

F I N A N C I A L R E P O R T

C A M P A I G N S TAT I S T I C S

O P E R AT I N G R E V E N U E

For Fiscal Year 2006 – 2007

$$ %%

University Base Allocation 12,733,108 19.3

Tuition and Other Fees 20,157,447 30.6

Government Funding 5,583,356 8.5

Executive Education Programs 16,093,682 24.5

Rotman Vision Fund

(including Annual Fund) (1) 415,130 0.6

Expendable Donations (1) 3,293,353 5.0

Endowment Income 2,714,972 4.1

External Recoveries 2,562,472 3.9

Miscellaneous Income 2,262,410 3.4

TToottaall 6655,,881155,,993300 110000..00

O P E R AT I N G G R O S S E X P E N D I T U R E

For Fiscal Year 2006 – 2007

$$ %%

Salaries and Benefits 38,605,697 62.4

Equipment and Furnishings 928,588 1.5

Supplies and Services 754,421 1.2

Space and Building Services 904,023 1.5

Program Delivery 3,909,455 6.3

Marketing and Communication 2,642,631 4.3

Research (2) 2,643,700 4.3

Student Financial Aid (2) 4,922,448 8.0

Other Costs 3,871,617 6.3

University of Toronto Overhead 2,705,166 4.4

TToottaall 6611,,888877,,774455 110000..00

(1) Rotman Vision Fund and expendable donations: unrestricted.

(2) Research and student financial aid: operating expense only.

YYeeaarr EEnndd RReessuullttss 33,,992288,,118844

1166

DEAN’S ADV ISORY BOARD

Members of the Dean’s Advisory Boardpossess diverse backgrounds and stellarexperience. The board provides advice andan external perspective to Dean RogerMartin as he guides the Rotman School.

HHiillaarryy AAuusstteenn

WW.. GGeeooffffrreeyy BBeeaattttiiee

President,The Woodbridge Company Limited

DDaavviidd RR.. BBeeaattttyy

FFaarreess BBoouullooss (MBA ‘79)Adjunct Professor of Strategyand Management, INSEAD

CChhrryyssttiiaa FFrreeeellaanndd

US Managing Editor,Financial Times

LLaalliittaa DD.. GGuuppttee

Chair,ICICI Ventures

DDaaiissyy HHoo (MBA ‘90)Deputy Managing Director and CFO,Shun Tak Holdings Ltd.

GGeerrrryy MMaabbiinn

Founder,The Mabin School

DDaavviidd SSaammuueell

Principal,Birch Hill Equity Partners

AA.. MMiicchhaaeell SSppeennccee

GGeeoorrggee SSttaallkk,, JJrr..

Senior Vice-President and Director,Boston Consulting Group

DDoouuggllaass EE.. SStteeiinneerr

Managing Partner, Venturion Group Incorporated

BBeelliinnddaa SSttrroonnaacchh

Member of Parliament for Newmarket-Aurora,Federal Government of Canada

TTiimmootthhyy DD.. DDaatttteellss

Partner,TPG Capital, LP

ROTMAN ADVANCEMENTBOARD

The Rotman Advancement Board helps to meet the School’s fundraising objectives and elevate its status andprofile, and encourages recruitment of Rotman students and mentorship of our future leaders.

LLaarrrryy BBaallddaacchhiinn (MBA ‘94)Vice-President, Professional Services,Dell Canada Inc.

KKeellllyy BBaattttllee (MBA ‘97)Vice-President,Burgundy Asset Management Inc.

JJaanneett BBeeeedd

President and CEO,Markham Stouffville Hospital

HHaarrvveeyy BBoottttiinngg (MBA ‘85)

MMiicchhaaeell BBrreeggmmaann

CEO,Tailwind Capital Inc.

JJoohhnn CCaassssaaddaayy (MBA ‘81)CEO and President,Corus Entertainment Inc.

AAnnnnee--MMeettttee ddee PPllaaccee FFiilliippppiinnii

Vice-President, International Equitiesand Portfolio Manager,AIC Group of Funds

DDrr.. MMaarrcceell DDeessaauutteellss

President and CEO,Canadian Credit ManagementFoundation

DDrr.. JJaammeess FFlleecckk

President,Fleck Management Services

DDrr.. DDoouuggllaass GGrraanntt

DDoonnaalldd GGuullooiieenn

Executive Vice-President andChief Investment Officer,Manulife Financial

DDoouuggllaass KKnniigghhtt

President, St. Joseph Media

DDrr.. JJ.. SSppeenncceerr LLaanntthhiieerr

IIaann LLoocckkee (MBA ‘91)General Partner,Jefferson Partners

MMaaxxwweellll NNeellssoonn (MBA ‘75)Vice-President and Financial Advisor,Berkshire Group

PPhhiilliipp OOrrssiinnoo

RRaammaammrriitthhaamm RRaammkkuummaarr (MBA ‘74)Chairman,Process Research Ortech Inc.

NNiiggeell SSttookkeess (MBA ‘87)President and CEO,DataMirror Corporation

DDaanniieell SSuulllliivvaann (MBA ‘71)Consul General, Consulate General of Canada

NNeevviill TThhoommaass

Chairman,Bedford Capital Corporation

DDrr.. SShheerrmmaaiinnee TTiilllleeyy (MBA ‘00)PrincipalCTI Life Sciences Fund

LLaarrrryy WWaasssseerr

President,LW Capital Corporation

RRoonnaalldd YYaammaaddaa

ROTMAN ALUMNI BOARD

The Rotman Alumni Board works toimprove communications between theRotman School and its alumni; engagesalumni in mentoring, training and recruitment of Rotman students; and serves to strengthen ties between theRotman School and the business community.

MMiicchhaall BBeerrmmaann (MBA ’03)President,B-Innovative Inc

JJiillll BBllaacckk (MBA ‘80)President,J. E. Black & Company Ltd.

JJaammeess DD.. CCoouuttttss (MBA ’99)President and Founder, J D Coutts Group Inc

CCaammeerroonn LL.. FFeellllmmaann (MBA ’65)Partner, inFORM Inc

JJaannee SS.. GGeerrttnneerr (MBA ’76)Partner,Wendy Melvin & Associates

GGeerraalldd LLeeggrroovvee (MBA ’85)

LLeennoorree MMaaccaaddaamm (MBA ‘99)Director of Finance,Mongrel Media Inc.

JJaayy NNiicchhoollssoonn (MBA ’02)Associate VP, National Sales Manager, TD Canada Trust

DDeessmmoonndd PPrreeuuddhhoommmmee (MBA ’99)Manager, Project Management, Dell Canada

AAnnddrreeaa RRuuddnniicckk (MBA ’96)Vice-President, Dundee Securities Corporation

RRiizzwwaann SSuulleeiimmaann (MBA ‘02)Institutional Equity Research,Credit Suisse First Boston Canada

DDaarrlleennee VVaarraalleeaauu (MBA ‘95)Principal,Power Projects Inc.

RRoobbeerrtt WWhhiittee (MBA ‘85)President,BRI International Inc.

AAnniittaa WWiinnddiissmmaann (MBA ‘03)Account Manager,Corporate Health Services,Medisys Health Group

CChheerryyll YYoouunngg (MBA ’94)General Manager, Euro RSCG 4D

Members of the following four advisoryboards cultivate resources, advise onMBA program curriculum, provideinsight as guest lecturers, and bridgethe academic and corporate worldsto assist in the study of CanadianBusiness History, Value Investing,Entrepreneurship and Marketing at theRotman School.

CANAD IAN BUS INESSH I S TORY ADV ISORY BOARD

RRiicchhaarrdd CCuurrrriiee

Chairman, BCE Inc.

AAnntthhoonnyy FFeellll

Chairman, RBC Capital Markets

DDrr.. JJaammeess FFlleecckk

President, Fleck Management Services

TThhee HHoonnoouurraabbllee HHeennrryy NN.. RR.. JJaacckkmmaann

Chancellor Emeritus, University of Toronto

LLyynnttoonn WWiillssoonn

Chairman and Director,CAE Incorporated

1144

R O T M A N B O A R D S

These lists have been checked for

accuracy, but errors may have

occurred. If you have not been

appropriately recognized, please

let us know and we will correct

the oversight.

VALUE INVEST ING ADV ISORY BOARD

JJoonnaatthhaann GGooooddmmaann (MBA ‘90)President and CEO,Dundee Resources Ltd.

EEddwwaarrdd JJ.. KKeerrnnaagghhaann

President,Kernaghan Securities

GGeerrrraarrdd PP.. RRoocccchhii (MBA ‘81)

RRiicchhaarrdd RRoooonneeyy

President,Burgundy Asset Management Ltd.

JJoohhnn HH.. WWaattssoonn (MBA ‘67)Founding Partner,Sprucegrove Investment Management Ltd.

ENTREPRENEURSH I P ADV ISORY BOARD

PPiieerrrree--LLuucc BBiissaaiilllloonn (MBA ’01)President,Ignite Consulting

PPeerrrryy NN.. DDeelllleellccee

Managing Partner,Wildeboer Dellelce LLP

DDrr.. MMaarrcceell DDeessaauutteellss

President and CEO,Canadian Credit ManagementFoundation

RReebbeeccccaa MMaaccDDoonnaalldd

Chair and CEO,Energy Savings Income Fund

GGiillbbeerrtt PPaalltteerr

Chief Investment Officer andManaging Partner,Edgestone Capital Partners

WWiillffrreedd PPoosslluunnss

President, The Posluns Family Foundation

RRaammaammrriitthhaamm RRaammkkuummaarr (MBA ‘74)Chairman,Process Research Ortech Inc.

KKeenn TTaanneennbbaauumm

Executive Vice-President,The Kilmer Group

WWiilllliiaamm TTaatthhaamm

CEO and Managing General Partner,XJ Partners Inc.

LLaarrrryy WWaasssseerr

President,LW Capital Corporation

MARKET ING ADV ISORY BOARD

DDaarrrreellll BBrriicckkeerr

President and Chief Operating Officer,Ipsos Reid Canada

AAnnnn CCuurrrraann

Director of Corporate Relations,AIC Limited

RRoonn DDaavviiss (MBA ‘05)PresidentBridgeMark – Branding & Design

EEnnzzoo DDee LLuuccaa (MBA ‘71)President and CEO,Siena Foods Limited andColio Estate Wines

LLiinnddssaayy DDuuffffiieelldd (MBA ‘85)President and CEO,BMW Canada Inc.

LLeenn GGiillll

President,Twenty6two International

DDeerreekk GGuuiillee

Vice-President, Sales, Marketing,Rothmans Inc.

DDeellaaiinnee HHaammppttoonn

Director of Customer MarketingKnowledge,Procter & Gamble Company

FFrraannkk HHeennnneesssseeyy (MBA ‘05)Vice-President of Purchasing, CARA Operations

JJuuddiitthh JJoohhnn

Vice-President of Communicationsand Marketing,Mount Sinai Hospital

FFrreedd SScchhaaeeffffeerr

President and CEO,McCain Foods (Canada)

RRaajjeesshh SSuubbrraammaanniiaamm

President,FedEx Canada

SSaannjjaayy TTuuggnnaaiitt

Managing Partner, Accenture Inc.

IN RES IDENCE

The In-Residence program provides valuable extracurricular learning opportunities by connecting industryexperts with Rotman MBA students.Volunteers hold office hours and meet with students to provide advice, guidanceand information relating to their respective areas of business expertise.

LLaarrrryy WWaasssseerr

Entrepreneur-in-Residence

EEddwwaarrdd JJ.. KKeerrnnaagghhaann

Value Investor-in-Residence

RRoonn YYaammaaddaa

Health and Life Sciences Sector StrategyExecutive-in-Residence

LLaarrrryy BBaallddaacchhiinn (MBA ’94)E-Executive-in-Residence

JJooee MMaarrttiinn

Executive-in-Residence

BBrreennddaann CCaallddeerr

Effective Executive-in-Residence

C LASS CHAMP IONS

Class Champions are class representativeswho help maintain strong bonds amongmembers of specific MBA classes and with the Rotman School of Management.

Fariba Anderson (EMBA ’04)Glenn Asano (MBA ’94)Daisy Azer (MBA ’96)Pamela Beigel (MBA ’03)Michal Berman (GEMBA ’03)Vanessa Blumer (MBA ’96)Len Brooks (MBA ’67)Bill J. Brown (EMBA ’89)Hank Bulmash (MBA ’74)Petra Cerhan (GEMBA ’02)Danny S. K. Chau (MBA ’82)Jennifer Chan (MBA ’03)Grace Cheung (MBA ’88)James D. Coutts (GEMBA ’99)Nancy Patricia Crump (MBA ’97)Fiona Cunningham (MBA ’05)Rajesh Dixit (MBA ’03)Steven Doede (EMBA ’99)Carmine Domanico (EMBA ’96)Nancy Dudgeon (GEMBA ’00)Daniel Eng (MBA ’85)Margaret Evered (GEMBA ’01)Cameron L. Fellman (MBA ’65)Jamie Ferguson (MMPA ’99)Jennifer Figueira (EMBA ’03)

Vitor M. Fonseca (EMBA ’87)Paul Forma (MBA ’06)Bill Fox (MBA ’06)Susan E. Frank (MBA ’75)Brent Furneaux (GEMBA ’04)Jane S. Gertner (MBA ’76)Melody Tien Grewal (MMPA ’98)Tanbir Grover (MBA ’05)Ken Hagerman (EMBA ’01)Gary Halpenny (MBA ’66)Michael A. Hale (MBA ’82)Frank Hall (MBA ’80)Aran D. Hamilton (MBA ’99)John C. Harris (MBA ’89)George W. P. Hayhurst (MBA ’68)Renald Hennig (GEMBA ’01)Michele Henry (EMBA ’05)Jennifer Margaret Hill (EMBA ‘97)Christopher Hind (MBA ’94)Andreas F. Hofmann (EMBA ’93)Elaine Katherine Ilavsky (MMPA ’01)Mari Iromoto (MBA ’98)Andrew Jenkins (EMBA ’03)Charles W. Johnston (MBA ’70)Robert F. Johnston (MBA ’75)Linda Jussaume (EMBA ’06)Susanne Justen (GEMBA ’03)Pamela Kanter (MBA ’91)Bob Kapur (MBA ’05)Blair R. Kingsland (MBA ’92)Manfred Koo (GEMBA ’02)Lorn I. Kutner (MBA ’79)Maya Lange (MBA ’04)Blake Langill (MBA’96)Steven Lane (MBA ’04)Bruce Gordon Lawson (EMBA ’00)Gerald Legrove (MBA ’85)Daniel C-J Lin (MBA ’93)David H. Littlejohn (MBA ’91)Rob Ljubisic (EMBA ’06)Maria Lundin (EMBA ’03)Lenore E. Macadam (MBA ’99)Elizabeth Duffy-MacLean (EMBA ’06)Burke Malin (MBA ’97)Ralf Martinelli (GEMBA ’04)Jake McArthur (MBA ’72)Judy McCreery (MBA ’77)Jennifer McGill-Canu (EMBA ’00)Paul McKernan (EMBA ’04)Maria Milanetti (MBA ’89)William Molson (MBA ’81)Cecilia Mueller Chen (GEMBA ’06)Peter J. Murphy (EMBA ’89)Paul Nagpal (MBA ’06)Jay Nicholson (MBA ’02)Shruti Owerie (MBA ’06)George L. Parker (MBA ’73)Cheryl Paradowski (EMBA ’02)

1155

R O T M A NV O L U N T E E R S

Desmond Preudhomme (EMBA ’99)David J. Pyper (MBA ’89)Mitchell Radowitz (MBA ’00)John Ramdeen (EMBA ’95)Joyce Rankin (EMBA ’05)Gary W. Ryan (EMBA ’01)Lisa Sansom (MBA ’01)Janet Scarpelli (MBA ’96)Ushnish Sengupta (MBA ’06)Ashok Sharma (EMBA ’98)Walter Sophia (MBA ’01)Karen Sparks (EMBA ’05)Ali Spinner (MMPA’02)Andrew Stewart (EMBA ’94)Nicholas C. Strube (MBA ’95)Rizwan Suleiman (MBA ’02)Roy Turunen (MBA ’86)Darlene A. Varaleau (MBA ’95)Jon Waisberg (EMBA ’96)Chris Ward (MBA ’71)Jeffrey Wayne (EMBA ’90)Suzanne Wilcox (MBA ’96)Christine Wong (MBA ’96)Cheryl Young (MBA ’94)Daniel Zinman (MBA ’01)

REG IONAL ENVOYS

Regional Envoys help build and support regional connections among alumni, current students, potential students, regional business leaders and other influencers.

Daniel Almenara (MBA ’92)Neil Aubuchon (MBA ’98)Ralph Awrey (MBA ’94)Dieter Bast (EMBA ’89)Kathryn Beaton (MBA ’93)Saju Bhaskaran (MBA ’06)Thomas Brehmer (MBA ’87)Jing Cao (MBA ’03)Matthew Chan (MBA ’02)Peter Cheng (MBA ’05)Kevin Chu (MBA ’97)Ronald Dahms (EMBA ’99)Bill Dertilis (MBA ’99)Marlene Dikany-Lehner (EMBA ’96)John Flohr-Svendsen (GEMBA ’02)Amos Fregoli (MBA ’96)David Gainer (MBA ’92)Cristian Gheorghe (MBA ’04)Lisanne Glew (MBA ’85)Masami Goto (MBA ’89)Holland Grant (MBA ’06)Peter Guo (MBA ’95)Al Hamdani (MBA ’97)Stephen Holden (MBA ’87)William Hui (MBA ’06)Jennifer Ilkiw (MBA ’03)

Boris Illetschko (MBA ’99)Omar Javed (MBA ’06)Robin Johnston (MBA ’99)Antti-Pekka Kaariainen (MBA ’00)Tae-il Kang (MBA ’04)Brenda Koulis (EMBA ’96)Raymond Lee (MBA ’05)Simon Lee (MBA ’06)John Lefas (MBA ’82)Rishi Marwah (MBA ’06)Leena Mathew (MBA ’93)Eliza McDougall (MBA ’01)Jennifer McGill-Canu (EMBA ’00)Munir Merali (EMBA ’96)Ejaz Mian (MBA ’74)Peter Murphy (EMBA ’89)Huu Trung Nguyen (EMBA ’87)Guillermo Obregon (MBA ’02)Lars Christopher Olsen (MBA ’89)Jerzy Paczkowski (EMBA ’91)Dorrian Porter (MBA ’97)Nadia Sadiq (MBA ’02)Marcy Saxe-Braith (EMBA ’00)Arwa Shahin (EMBA ’06)Tazmin Shariff (MBA ’92)O-Taeg Shim (EMBA ’99)Paola Silli (MBA ’06)Thiago Silva (MBA ’03)Caroline Sohn (MBA ’02)Mark Synnott (EMBA ’90)Kim Tan (MBA ’75)Siok Be Rachel Tan (MBA ’99)Tracy Tang (MBA ’03)Julia Thanasoura (MBA ’90)Antonio Torquato (GEMBA ’03)Stephen Tsang (MBA ’98)Philip Uglow (MBA ’03)Christopher Underwood (MBA ’95)Lillian Veri (EMBA ’92)Harri Vikstedt (MBA ’88)Rosa Villanueva (MBA ’91)Jeffrey Wayne (EMBA ’90)Peter Willborn (EMBA ’98)Robert Yeap (MBA ’78)Galit Yemini (MBA ’01)Catherine Zhu (EMBA ’01)

ROTMAN MENTORS

The Corporate Connections CentreMentorship program provides full-time MBA students entering theirsecond year of studies with a learning experience beyond the classroom byconnecting them with senior businessleaders committed to supporting theRotman School.

Anthony Aulicino (MBA ’00) Larry R. Baldachin (MBA ’94) Brendan Joseph Bergie (MBA ’06) Jill E. Black (MBA ’80) Gavin Brauer (MBA ’05) Andrij M. Brygidyr (EMBA ’86) Paul M. Cadario Jane Cayley (MBA ’01) Garry Yiu Chu Chan (MBA ’03) Isabel M. Chapman (MBA ’91) Robert S. Coatsworth (MBA ’78) David A. Codack (EMBA ’94) Gary Comerford Jason Cooper (EMBA ’05) Tim Cork Thomas Corr (EMBA ’03) Kimberly Cudney Ronald A. Cuperfain (MBA ’88) Christopher Dale (MBA ’00) David M. Danylewich (MBA ’04) Daniel Debow (MBA ’00) Michael Don Demeter (MBA ’01) Sanjay Dhar (MBA ’98) Debra Ann Dobson (MBA ’01) Katherine D. Eccles Linda Anna Ezergailis (MBA ’00) Michelle Mandy Fiebig (MBA ’99) Marc Finkelstein (EMBA ’04) Richard Fogler Lynda Friendly Alex Gallacher Jane S. Gertner (MBA ’76) James Peter Goheen (MBA ’98) Peter Jinghua Gu (MBA ’05) Richard J. Harvey (MBA ’88) Derek C. Hayes John M. Hemingway (MBA ’89) Scott C. Henshaw (MBA ’99) William E. Hewitt (MBA ’67) Jennifer Margaret Hill (EMBA ’97) Hart C. Hillman (EMBA ’94) Bhavna Hinduja (MBA ’05) Michael Hollend (MBA ’99) Yvette M. Holt (MBA ’84) Michael Horgan Brian Howe (MBA ’93) Frank Huggins Mark Hyland (EMBA ’00) Muhammad Asfandyar Janjua (MBA ’00) Andrew James Jenkins (EMBA ’03) Hiyam Theresa Jibry (MBA ’00) Daniel S. Johnson (EMBA ’88) David Alan Kaiser (MBA ’00) Paul J. Kapsos (MBA ’99) Andrew S. Kim (MBA ’98) Barbara Kofman Neil Labatte Belinda Elaine Labatte (MBA ’01)

Bob Lank Robert Lauzon (MBA ’02) Michael S. Levy (MBA ’69) David Lint (MBA ’65) Ron Lloyd Jeff P. K. Lowe (EMBA ’99) Richard Lu (MBA ’03) Yin Luo (MMPA ’00) Les Lyall James P. Mahoney (MBA ’88) Jeffrey Markusson (MBA ’04) Brian E. Martin (MBA ’02) Sean Martin (MBA ’02) Jane Matthews Krista Beth Mcleod (MBA ’01) Joshua Mendelsohn (MBA ’99) Munir M. Merali (EMBA ’96) Florence Narine (EMBA ’99) Marcela Oreopoulos (MBA ’04) Chris Pandoff (EMBA ’05) Ana Pereira (EMBA ’01) Lesley J. Poole (MBA ’86) Murali Prasad (EMBA ’06) Tony Redpath Tim W. Regan (MBA ’93) John A. Rogers Eugene O. Roman (MBA ’81) Robert G. Rutledge (MBA ’91) Paul Antony Salvini (EMBA ’04) David Schnarr Jane Shapiro Richard Sikes (EMBA ’05) Richard Jean Smith (MBA ’01) Peter A. Sprukulis (MBA ’85) Andrea Jennifer Stairs (MBA ’00) Giovanni Strazzullo (MBA ’05) Rizwan A. Suleiman (MBA ’02) Chia Chia Sun (MBA ’00) Rei Tanaka (MBA ’73) Alice Thomas (MBA ’94) Mark Venning Judy Wells Ken Wildgoose Elizabeth Wright (MBA ’78) George Yong Yang (MBA ’03) Catherine Jean Smiley Yarrow (MBA ’01)

In addition to our many other volunteers, there are over 2,000 alumni who have indicated their willingness to serve as a contact for career advice to current andprospective students. If you wish to be added to this list as a source of career help, please contact us at alumni@rotman.utoronto.ca— thank you!

1166

W H E R E W E S TA N D

BusinessWeek ranks Rotman in the “International Top Ten”

(October 2006)

The Financial Times ranks Rotman:

27th among the top 100 MBA programs in the world

Top 16 in North America

Top 7 worldwide for finance

23rd worldwide for research output (January 2007)

Consistently the most quoted business school

in the Canadian media, with more than 50 per cent

share of voice (Cormex media report)

C O R P O R AT E C O N N E C T I O N S

Companies that have recently recruited at Rotman include:

Bain & Company

BMO Financial Group

CIBC

Deloitte Consulting

FedEx

Hospital for Sick Children

IBM

Johnson & Johnson

Kraft Canada

Manulife Financial

Procter & Gamble

RBC Financial Group

Scotiabank

Sony Canada

Wal-Mart

R O T M A N A L U M N I B Y I N D U S T R Y S E C T O R

As of June 2007

Financial Services 25.8 %

Professional Services 16.5 %

IT/Telecommunications 11.8 %

Manufacturing/Engineering/Chemical 7.4 %

Consumer Goods/Retail 5.9 %

Education 5.7 %

Health Care/Pharma 5.6 %

Independent Consultant 5.2 %

Government/Public Services 3.6 %

Power/Energy/Utilities 3.4 %

Real Estate/Construction 2.8 %

Media/Publishing/Entertainment 2.1 %

Transportation/Distribution 1.2 %

Agriculture/Natural Resources 1.0 %

Associations/Not for Profit 1.0 %

Hospitality/Food Service/Travel 0.8 %

A N I N T E R N AT I O N A L S T U D E N T B O D Y:

A R E A O F O R I G I N F O R T W O - Y E A R M B A

C L A S S O F 2 0 0 8

Europe 8

Latin America and the Caribbean 12

North America 196

Asia 44

Africa and Middle East 6

A D I V E R S E FA C U LT Y

Percentage of international faculty*

Rotman 64 %

Columbia 60 %

Stanford 38 %

Harvard 37 %

Wharton 36 %

* Financial Times 2007 MBA Rankings

R O T M A NAT A G L A N C E

PPrroodduucceedd bbyy Joseph L. Rotman School of Management

DDeessiiggnn Douglas Counter Unlimited

PPrriinncciippaall PPhhoottooggrraapphhyy John Hryniuk

PPrriinnttiinngg Printed in Canada by Transcontinental Yorkville - O’Keefe

PPaappeerr Acid free, elemental chlorine free, containing 50% recycled content including 25% post-consumer waste 1177

TToo ppllaayy aa ppaarr tt iinn ffuullffiilllliinngg tthhee

RRoottmmaann SScchhooooll’’ss vviissiioonn,,

pplleeaassee ccoonnttaacctt oonnee ooff tthhee ffoolllloowwiinngg

mmeemmbbeerrss ooff oouurr tteeaamm ttoo ddiissccuussss

ccuurrrreenntt ggiivviinngg ooppppoorr ttuunniittiieess..

AAnnnn HHaattcchhExecutive Director, Developmentann.hatch@rotman.utoronto.caTel: 416.946.7841

HHeeaatthheerr UUllllmmaannAssociate Director, Annual Fundvisionfund@rotman.utoronto.caTel: 416.946.3975

MMiicchheellllee ZZaatthhuurreecczzkkyyManager, Volunteersmichelle.zathureczky@rotman.utoronto.caTel: 416.946.3665

Joseph L. Rotman School of ManagementUniversity of Toronto105 St. George StreetToronto, Ontario, Canada M5S 3E6

F O R M O R E I N F O R M AT I O N O R

T O M A K E A G I F T O N - L I N E , V I S I T

www.rotman.utoronto.ca/supportrotman

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