History
The programs for which the Rotman School of Management is now responsible had their origins in 1901 when a diploma program in Commerce was inaugurated in the Faculty of Arts of the University of Toronto. This was transformed into a Bachelor of Arts program in Commerce and Finance in 1909 and into a Bachelor of Commerce program in 1920. These programs had a strong liberal arts emphasis, which the Bachelor of Commerce program still tries to retain. A Master of Commerce program was started in the Faculty of Arts in 1938 to provide a more professional program. In 1950 the Master of Commerce program was transferred into the newly created Institute of Business Administration with a Director as its head. The degree was changed to Master of Business Administration in 1960 and the Institute was renamed the School of Business. It was elevated to the status of a Faculty with a Dean in 1972 and renamed the Faculty of Management Studies. The name was shortened to Faculty of Management in 1986. In 1995, the Joseph L. Rotman Centre for Management was opened and the Faculty of Management shifted its base to its current building. The School was again renamed as the Joseph L. Rotman School of Management in 1997 in honour of its principal benefactor, Joseph Rotman. It still, however, retains its status as a Faculty in the University of Toronto.
A Doctor of Philosophy program was begun in 1969 to develop its research orientation and to provide business school faculty for Canadian universities. In 1982 the School assumed responsibility for teaching the commerce courses within the Bachelor of Commerce program and in 1992 the Bachelor of Commerce program became a joint program of the Faculty of Arts and Science and of the Rotman School. In 1983 the School began a privately financed Executive MBA program. In 1989 a privately funded MBA in professional accounting was added. In 1996 it was moved to the University of Toronto at Mississauga and the degree changed to Master of Management & Professional Accounting. The School also offers a variety of non-degree Executive Development Programs and operates a number of research centres which complement its teaching and research activities.
In 1998, former management consultant Roger Martin was appointed Dean of the School. In the year 2000, Marcel Desautels, founder, president and CEO of the Canadian Credit Management Foundation helped in creating Marcel Desautels Centre for Integrative Thinking with a $10-Million Gift. Rotman developed a new model of business education based on integrative thinking in the same year. The Michael Lee-Chin Family Institute for Corporate Citizenship (originally the AIC Institute for Corporate Citizenship) was established at Rotman in 2004 with a $10-million gift from Michael Lee-Chin. The same year, Rotman completed an expansion of its campus. In recent years, the school has received significant funding from private and public quarters.
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