Supply chain management, finances added to business school
Senior News Reporter
Humber College has approved two new bachelor of commerce degrees, in supply chain management and finances, for its Business School.
“The two degrees that recently went through the board are two new degrees that will sit on The Business School’s two-year platform,” said Michael Hatton, Humber’s vice-president, academic. “They will be two new options for students to take when they enter third year.”
Bachelor of commerce students take common courses for the first two years, choosing a specialization for the final two years, Hatton said.
A paid, 14-week full-time work placement between the third and fourth years is a component of the program, said Rick Embree, associate vice-president for planning and development.
Both programs will be installed at the Lakeshore Campus, he said.
The motion sheets for each program noted a need in the labour market for trained workers in both supply chain management and finance fields with a large retirement bloc expected in the near future.
“It’s a growing business area, it’s important,” said Eli Lewin, a Business School co-ordinator and point man in developing the supply chain management proposal. “There are no other business communication degrees in Ontario that offer supply chain management.”
The industry employs 745,000 workers, but faces annual vacancies in the neighbourhood of 80,000, the college said.
The work placement will be an integral part of the program, said Lewin.
“It will help students find jobs with companies and help them establish contacts with industries.”
The program has received support from various companies, including Home Depot and the Logistics Institute, said Lewin.
There’s a growing demand for people with skills, said Paul Griffin, a Humber business professor and finance program project lead.
“It’s going to help students be job ready upon graduation,” he said. “(It’ll) raise the competency of the industry as a whole.”
The college said 85.5 per cent of employers rate the job market as good to excellent, while 75 per cent maintain a degree is mandatory.
“We design programs in order to maximize the opportunities to get good paying jobs,” said Hatton. “We do that by combining strong theoretical foundations with applied learning.”
Hatton said he was positive the college would get the right people to teach the program.
“I do believe that Humber is in a strong position to recruit high quality faculty,” said Hatton.
Assuring faculty is in place is part of the lengthy approval process, said Embree.
“We have a lot of time to find the right people, so we can start looking immediately,” he said.
New faculty will teach in the diploma program, moving to the degree program once it begins, he said.
The programs will begin in September 2012, with degrees in fine arts to follow, while a journalism degree awaits final ministry approval.