Is an MBA worth it? What business school can do for your salary in 2014

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Financial Post | Business

Desautels, Ivey, Rotman, Sauder and Schulich all cracked the top 100 on the Financial Times’ business school rankings in 2014. While FT’s list is the global standard by which programs are measured, determining the “best” business school is ultimately complicated and subjective, dependent on a plethora of metrics each individual can and should weigh differently. There are at least 10 highly regarded business schools across the country that did not make the list but that may very well be the ideal program for a given individual based on industry, interests, wants, needs and goals.

With this in mind, The following uses data collected by the Financial Times and the Financial Post not to compare the relative merits of this or that business school but rather to help illustrate the average return on investment on an MBA in Canada today.

Desautels Faculty of Management

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Location: Montreal
Duration: 20 months
Tuition: $79,500

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Ontario Lottery and Gaming bets on a digital future to appeal to Millennials

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This may also apply to the LCBO and other government entities that need to embrace e-commerce in a big way!

Financial Post | Business

Disrupt or be disrupted. This is the stark choice with which many senior managers are faced as emerging technologies and corresponding behaviours continue to reshape the marketplace.

Given the choice, most would understandably choose the former. The problem, of course, is that many organizations are crippled by organizational inertia. Market leaders and public companies are particularly vulnerable, as they tend to possess deeply entrenched operational structures, revenue models and cultural values. Either they don’t see the change coming or, more likely, can’t muster the organizational willpower required to do anything about it.

Case study: OLG

Five years ago, Ontario Lottery and Gaming Corp. found themselves in this position. Senior management observed that Millennials are less interested than previous generations in gambling the old-fashioned way. Natives of the Internet and accustomed to the conveniences afforded by smartphones, many were turning away from corner-store kiosks and toward online poker and other “casino-style”…

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Stephen Harper courts Alibaba’s Jack Ma, opens 4 trades office in visit to China that so far is all business

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Financial Post | Business

HANGZHOU, China — China’s wealthiest citizen told Prime Minister Stephen Harper Friday that Alibaba, his e-commerce business, was seriously considering opening an office in Vancouver and hoped to sell 200,000 fresh Canadian lobsters online in a “single’s day” promotion next week.

“I don’t even know if you have that many lobsters in Canada,” Jack Ma, whose personal worth is estimated to be $25 billion, said to loud laughs.

An assistant said the actual goal was to sell 33,000 fresh Canadian lobsters next week.

All the numbers associated with Ma’s Internet businesses are staggering.

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Started in 1999 by the former high school English teacher, Alibaba Group and affiliated businesses has 600 million registered online buyers and is expected to handle about $270 billion in online transactions this year.

The prime minister and those traveling with him in China sat in wonder as they listened to Ma give…

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Bank of Canada’s Poloz to jobless youth living with parents: Work for free

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#cdnpoli Work for free? Not a long term solution to Youth Unemployment! #canada #youth #economy

Financial Post | Business

How bad are things in Canada’s job market? Bank of Canada Governor Stephen Poloz says bad enough for young people to consider working for free.

Adult children stuck in their parents’ basements because they can’t find adequate employment should take unpaid work to bolster resumes as they wait for the recovery to take hold, Poloz said Monday in Toronto.

The Bank of Canada estimates about 200,000 young people want to work or work more, and Poloz said they may be scarred by prolonged unemployment that prevents them from moving out on their own. He said he’s been asked for advice on how young people can find work.

“Having something unpaid on your CV is very worth it, because that’s the one thing you can do to counteract this scarring effect,” Poloz told reporters was his advice to discouraged youth.

The Bank of Canada Governor referred to discouraged young workers several…

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China’s Huawei Technologies to invest $500-million in Ontario, create 325 jobs

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Financial Post | Business

China’s Huawei Technologies Co. Ltd. is investing $500-million in Ontario over the next five years, creating 325 jobs and doubling its research and development staff.

On top of the $290-million the Chinese communications technology provider and smartphone maker had earmarked to support its ongoing operations in the province, it is investing an additional $210-million to boost its research and development capabilities, it said Friday.

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“We’re very pleased at how the Canada research centre has performed to date,” said Scott Bradley, Huawei Canada’s vice-president of corporate and government affairs in an interview. “We certainly see value in building up that team.”

The Shenzhen-based company currently has two offices in Ontario, with sales and marketing based out of Markham, Ont. and its research facility in Kanata, Ont. Its Canadian clients include Telus Corp. and BCE Inc., for which it is providing infrastructure for the carriers’ next-generation LTE networks.

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