The year at Smith
By the numbers
3,725 students
101 full-time faculty, plus 53 part-time
127 partner schools in 40 countries
No. 1 Financial Times’ Canadian ranking of Smith’s Full-time MBA program for student career services and graduate satisfaction.
Also ranked among Top 100 MBA programs in the world
Also ranked among Top 100 MBA programs in the world
No. 1 Financial Times’ North American ranking of Smith’s Master of International Business program
Two years in a row at No. 1
Two years in a row at No. 1
Top 100 Financial Times’ global ranking of Smith’s Executive MBA and Executive MBA Americas programs
EMBAA No. 46; EMBA No. 81
EMBAA No. 46; EMBA No. 81
$10.2M Student aid at Smith in 2020-2021
93% of Commerce 2020 class employed within six months of graduation
95% of full-time MBA’20 class employed within six months of graduation
Our fiscal year
The global pandemic highlighted Smith's experience and expertise in remote education delivery as well as our ability to pivot core student services, such as career and team coaching services, to ensure we maximized the experience and value to our students—despite doing so remotely. The end result saw us exceed our enrolment targets, including the largest international undergraduate Commerce intake in our school's history. Direct program service costs were down significantly due to savings in accommodation, food, travel and supplies from moving our residential sessions to remote setups from in-person learning. The charts below break down sources and uses of income for the fiscal year (May 1, 2020 to April 30, 2021).
(all amounts in ’000s)
Statement of sources and uses |
Year ended April 30, 2021 (actual) |
Year ended April 30, 2020 (actual) |
||
|---|---|---|---|---|
| Undergraduate, PhD/MSc, Master of Management & Diploma | $86,008 | 66% | $82,628 | 63% |
| MBA programs | $34,899 | 27% | $36,107 | 28% |
| Non-degree executive education programs | $3,368 | 3% | $6,235 | 5% |
| Fundraising gifts and contributions | $9,837 | 8% | $8,047 | 6% |
| Less: endowed contributions | $(7,633) | -6% | $(6,208) | -5% |
| Less: restricted for capital project | $(270) | 0% | $(298) | 0% |
| Endowment income | $4,265 | 3% | $3,825 | 3% |
| Other | $469 | 0% | $388 | 0% |
| Total sources | $130,942 | 100% | $130,726 | 100% |
Uses |
||||
| Salaries & benefits | $57,088 | 44% | $55,614 | 43% |
| Direct program expenses | $24,645 | 19% | $33,692 | 26% |
| Queen's University services | $28,134 | 21% | $26,474 | 20% |
| Student aid | $10,217 | 8% | $10,426 | 8% |
| Other | $2,595 | 2% | $2,777 | 2% |
| Capital expenditures | $1,898 | 1% | $1,072 | 1% |
| Transfer to/(from) reserves | $6,365 | 5% | $671 | 1% |
| Total uses | $130,942 | 100% | $130,726 | 100% |