Since its inception in 2009, McGill's annual Hot Cities of the World Tour has taken undergraduates, graduates, alumni, and professors to the frontier of our increasingly globalized world. This year, the 13th iteration of the tour visited Egypt and Morocco – two of the largest and most important economies in Africa, and critical gateways to Europe and the Middle East.

Classified as: Karl Moore, Genevieve Bassellier, experiential learning, Hot Cities of the World Tour
Published on: 12 Apr 2024

Alter delivers critical climate intelligence data to improve financial management and investments.

Check out our interview with the co-founder of Alter, Cedric B. Robert, EP, CSR-P, MBA!

Classified as: McGill Dobson Centre for Entrepreneurship
Published on: 12 Apr 2024

The achievements of International Master’s Program for Managers alumnus Damiano Baj (IMPM’16) were recognized with the European Chief Information Officer Award at the Wealth Briefing Awards in London on March 21, 2024. “Anyone who meets Damiano is immediately struck by both his accomplished expertise and thoughtful philosophy of management and how this connects to his theory of business,” says Martin Brigham, an associate professor at Lancaster University in the UK and the worldwide academic director of IMPM.

Classified as: IMPM Alumni, International Masters Program for Managers (IMPM)
Published on: 3 Apr 2024

Widespread access to higher education is a relatively recent phenomenon. People in Quebec only started attending university in significant numbers in the 1960s. And Quebec’s highly educated workforce has yielded dividends, writes Nicolas Bérubé in La Presse. In 2021, the median household income was up 26% from ten years before. It’s a golden age for earners in Quebec, and with more income comes more money management responsibility. McGill’s free, online Personal Finance Essentials course can help people learn more about managing their money.

Classified as: McGill Personal Finance Essentials (MPFE), Desautels Faculty of Management, Benjamin Croitoru
Published on: 3 Apr 2024

The Montreal Canadiens have been the hottest ticket in town for over a century, but the Habs are no longer the only professional hockey team capable of drawing a standing-room only crowd to the Bell Centre. Tickets for the Professional Women’s Hockey League (PWHL) April 20, 2024, matchup between Montreal and Toronto sold out in less than twenty minutes, and will set a new record for a PWHL game. It’s the team’s first time playing at the Bell Centre, but they have sold out all of their games at their home arena, the 3,245-seat Verdun Auditorium.

Published on: 3 Apr 2024

Headquartered in Mumbai, the Tata Group is a multibillion-dollar conglomerate with operations in more than 100 countries. Their information technology services arm Tata Consultancy Services (TCS) is expanding its operations in Montreal. They’re investing in a state-of-the-art IT services delivery facility that will provide TCS customers with a range of technology solutions, including AI, machine learning, cloud computing, and advanced analytics.

Classified as: Laurette Dube
Published on: 22 Mar 2024

 

McGill University hosted its annual Bravo Gala on Thursday, March 21, which honours its faculty members and researchers who have won special awards, memberships and prizes over the past year. McGill Desautels is proud to announce 14 of its faculty amongst the distinguished honourees this year. Congratulations to our deserving laureates! Full list below.
#Bravo2024

· Geneviève Bassellier, Best AMCIS Emergent Research Forum Paper, Americas Conference on Information Systems

Classified as: Genevieve Bassellier, Sebastien Betermier, Yolande E. Chan, Maxime Cohen, Samer Faraj, Warut Khern-am-nuai, Anna Kim, Henry Mintzberg, Robert Nason, Amandine Ody-Brasier, Saibal Ray, Emmanuelle Vaast, David Schumacher, Thomas Rivera
Published on: 21 Mar 2024

The McGill Personal Finance Essentials (MPFE) course helps prepare young Canadians for life, Benjamin Croitoru tells Jessica Moorhouse on the More Money Podcast. Personal finance should be taught in high school, or maybe even junior high, he posits. Finance can seem intimidating to the uninitiated, but personal finance isn’t as complicated as the world of high finance.

Classified as: McGill Personal Finance Essentials (MPFE), Benjamin Croitoru
Published on: 14 Mar 2024

For people with defined contribution pension plans, longevity risk is a significant concern. You don’t want to outlive your money. The issue is compounded because today’s retirees have longer life expectancies than ever before, writes Sebastien Betermier in Benefits Canada. Most retirees decumulate their capital on their own, but because they’re afraid to outlast their savings, this leads to a pattern of living poor and dying rich. An advanced life deferred annuity (ALDA) can help address this problem.

Classified as: Sebastien Betermier
Published on: 14 Mar 2024

The online marketplace Temu, launched in 2022, has become one of the most downloaded apps in North America. The platform is known for ultra-low prices, though the quality and safety of the products it sells are sometimes suspect. “If I understand their business model correctly, they sell products at a loss, and make money from the data they collect,” said Bensadoun School of Retail Management (BSRM) Executive Director Charles de Brabant in an interview with Radio-Canada.

Classified as: Bensadoun School of Retail Management, Charles de Brabant
Published on: 14 Mar 2024

Some scholars have argued that MBAs serve business school bottom lines more than they benefit students, writes Ann Peng in the Kansas City Business Journal. Other studies have quantified significant financial benefits for those who hold these degrees. But the MBA doesn’t make the manager, and Peng suggests that recruiting MBA students based on their leadership experience instead of their years of general work experience can facilitate their leadership development.

Classified as: Henry Mintzberg
Published on: 8 Mar 2024

In February, WestJet announced it was increasing fees for checked bags. Shortly after, Air Canada followed suit. Both airlines now charge between $35 and $42 for the first checked bag on economy fares. Though now common throughout the industry, it was only in 2014 that Canada’s major airlines introduced checked bag fees. “It’s a business,” says Prof. Karl Moore. “You’re leaving money on the table if you don’t do it. There’s no outrage about it, so you can make some more money.”

Classified as: Karl Moore
Published on: 8 Mar 2024

Airfares are getting cheaper in Canada, but that doesn’t necessarily mean you’ll pay less when you fly. In late 2023, WestJet introduced a $10 surcharge for checking bags with agents instead of online. Then, in February 2024, it increased checked bag fees for economy passengers on domestic flights. Low fares help attract customers, but the added fees can drive up the final bill substantially. “Airlines entice you with the low cost of the ticket, but the price is not as low as it appears with the ancillary fees,” Prof.

Classified as: Karl Moore
Published on: 8 Mar 2024

In February 2024, the low-cost carrier Lynx Air announced it was filing for creditor protection and would cease operations, with just a few days’ notice to its ticket holders. The airline had significant overlap with Air Canada’s routes and never managed to gain a foothold in the market. “It’s a difficult environment for airlines to make money in Canada,” says Prof.

Classified as: Desautels Faculty of Management, Karl Moore
Published on: 8 Mar 2024

McGill University's Desautels Faculty of Management has become the first Faculty to achieve Silver status in the Sustainable Workplace Certification program. Led by McGill's Office of Sustainability, the program encourages eco-friendly practices and a sustainability culture for departments and units across campus. 

Classified as: Sustainability Initiative
Published on: 6 Mar 2024

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