The 10th HEC-McGill Winter Finance Workshop took place from March 26-28, 2023, in Ischgl, Austria, in collaboration with the Faculty of Law, Economics and Finance (FDEF) at the University of Luxembourg. This year’s conference, once again sponsored by the Desmarais Global Finance Research Centre (DGFRC), brought together academics and researchers from around the world to present their latest work in all areas of finance, including interdisciplinary work in law and finance, sustainability, and new financial technologies.
The future of aviation will be more autonomous. Even though many people are not yet comfortable with the idea of self-flying plane, it has the potential to revolutionize the industry, said Airbus Canada CEO Benoît Schultz in an interview with Prof. Karl Moore for Forbes.com. Airbus is currently working to enhance in-flight connectivity for passengers, and improve aircraft autonomy. “Autonomy is important, even though you still fly it with two pilots,” Schultz says. “Every time we've made that kind of move, we have made aircraft safer.”
US News & World Report named the McGill Personal Finance Essentials Course as one of its top 12 free online personal finance courses. It’s the only Canadian university course to make the list, and the magazine notes that while the course focuses on tax rules in the Canadian, the personal finance essentials it teaches are of universal value.
Climate anxiety is real, and sometimes it can feel overwhelming, but the key to addressing it is to stop dwelling and start doing. Business owners can do more than most. The McGill Sustainability Systems Initiative wants to help them do exactly that, writes Prof. Karl Moore for Forbes.com. Called PIVOT for short, the program is led by Prof. Dror Etzion, and it’s creating an online community where business owners can share and discover what others do.
This Black History Month, McGill Desautels hosted a lineup of five in-person and virtual events that not only promoted equity in the workplace for Black people, but also highlighted uplifting aspects of Black culture through enterprise. Co-sponsored by the Desautels EDI Team and the Laidley Centre for Business Ethics (LCBE), the series was themed "Black Flourishing: Nurturing Excellence in Business." Read the recap article for all the details and join us in continuing to celebrate Black excellence year-round.
Thousands of restaurants and retailers across Canada sell food and beverages, and the logistics of getting these products where they need to be are complex. A new platform is using data to make it all more efficient. Led by Professor Laurette Dubé, Scientific Director of the McGill Centre for the Convergence of Health and Economics (MCCHE), MiXR will optimize resources throughout the food and beverage sector.
Allen Li, a student in the Master of Management in Finance (MMF) program at McGill University, has received this year’s Peter Christoffersen MMF Award in recognition of his academic excellence and contributions to Desautels Capital Management (DCM), a student-run, licensed, and regulated investment firm designed to give McGill students invaluable industry experience.
Lockdowns and remote work presented unique challenges for the commercial real estate sector. Vast amounts of office space were suddenly empty as people worked from home. But the sector is rebounding. There are projects underway in cities around the world are a testament to investors’ confidence in its outlook, says Sebastien Betermier, an Associate Professor of Finance at Desautels.
Quebecers who want to buy cold beer and wine may soon need to head to their local dépanneurs. The Societé des alcools du Québec (SAQ) plans to reduce the number of fridges in their stores from 2700 to 918, saying it’s part of their plan to reduce greenhouse gas emissions. According Desautels assistant professor of operations management Sanjith Gopalakrishnan, this a good first step but there are bigger pieces to consider. "This will have cost savings for SAQ, and there might be some environmental benefits.
McGill Online is a new portal that aggregates online degree programs from across McGill’s faculties, offering a McGill education to people who might not otherwise be able to get one. These degrees are offered fully online and present opportunities to people who are based in other cities, or who can’t study on a typical university schedule.
Digital platforms like Uber and Airbnb bring buyers and sellers together and create gig economy opportunities that did not exist before them. But they have problems too, and have been criticized for exclusionary practices, digital surveillance, and other questionable policies. However, this type of platform also has the potential to create social value. The Platform Commons Foundation is an Indian non-profit that seeks to build these platforms to address global grand challenges, writes Desautels Dean Yolande E.
CIBC has donated $1.25 million to the Sustainable Growth Initiative (SGI) at McGill University's Desautels Faculty of Management. CIBC's gift to the SGI will support a cross-faculty partnership between the Faculty of Agricultural and Environmental Sciences, Faculty of Arts, Faculty of Engineering and Faculty of Law to develop practical and actionable solutions for building a more sustainable economy.
Members of Generation Z are becoming an ever-larger presence in the workplace. It will be important to their growth, and to the company’s success, to ensure they have access to training and feedback, Prof. Karl Moore told Les Affaires. It’s also important for management to listen. This generation wants to be heard – and expects to. As they have grown up with the internet, they are accustomed to being able to easily express their thoughts and opinions.
We all need to wear clothing, but the environmental impact of purchasing clothing is significant, and a new initiative asks people to reflect on their own consumption. Participants in the New Clothing Detox Challenge refrain from clothing purchases during the month of March.
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