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Leading-Edge Management Facility to Open at UTSC

A new home for UTSC's Division of Management

Toronto, ON -- Tomorrow’s business leaders have a new base from which to grow with today’s official opening of the University of Toronto at Scarborough’s (UTSC) Management Building.

“As we celebrate the opening of this leading-edge facility we also celebrate the unique programs that distinguish UTSC’s Division of Management as a leader in business education,�? says U of T’s interim president Frank Iacobucci. “This facility will stimulate the exchange of ideas and provide new learning opportunities that will give students the knowledge and skills required to compete in today’s global economy.�?

Designed by KuwabaraPayne McKenna Blumberg Architects Inc. the 47,000 square-foot (4,385-gross-square-metre) management building features a spectacularatrium, specially designed case rooms, interview rooms, a resource room for co-op students, study space and faculty and staff office space. The $16-million facility was funded by the Government of Ontario and the UTSC Enrolment Growth Fund.

“In business, strong partnerships are the basis of success. The Government of Ontario has been a vital partner in developing this outstanding building, making the pursuit of academic excellence and entrepreneurial success possible for our students,�? says UTSC vice-president and principal Kwong-loi Shun.

“This new Management Building at the University of Toronto at Scarborough is good news for post-secondary education in Ontario,�? says Mary Anne Chambers, minister of training, colleges and universities and MPP Scarborough East. “This facility will supply knowledgeable and innovative business leaders who are ready to participate in building Ontario’s future.�?

The new building, which also received support from private donors, is home to the Division of Management at UTSC. With more than 1,200 students enrolled in the Bachelor of Business Administration program, management is one of UTSC’s largest academic units.

“The Division of Management at UTSC is closely connected to the business community through co-op education,�? says management chair Mike Krashinsky. “The innovative design of this outstanding teaching and research facility will allow us to enhance both classroom theory and relevant employment experience for our students.�?

Founded in 1964, UTSC has a current enrolment of approximately 8,800 students, projected to increase to 10,000 by 2010. The opening of its new Student Centre in October marked the beginning of its 40th anniversary celebrations. Joan Foley Hall, a new residence for 230 students and a new Academic Resource Centre were opened in 2003. Currently under construction is the Arts and Administration Building, scheduled for completion in 2005.

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