Program overview
The mission of the Toronto Business Academy is to facilitate business education through international experiences and resources. It creates a positive and stimulating learning environment for young perspective entrepreneurs, who are thinking ‘out of the box’ and want to bring about change. The concept of the program is to add additional experience to student’s knowledge, ideas and skills. At the same time the program will introduce international students to the North American campus life-style by emerging them onto Canadian campuses for their lectures, living arrangements and free-time activities. Within the program several tours of Canadian companies will be organized where students will be able to gain more in depth information about the company’s daily operations, challenges and opportunities for expansion. The goal is to expose students to different industries and determine where opportunities for future working relationships exist. Toward the end of their lectures and site visits students are given the task of competing in a business plan competition that will be judged by the leaders in Canadian business. By participating at the Toronto Business Academy students will gain a deeper understanding of the North American business culture, way of thinking, business practices and life-style. Program will provide an important intellectual treasure that will stay with learners for the rest of their lives
Schedule
Summer session I
- Start Date: 09/07/2017
- End Date: 29/07/2017
Summer session II
- Start Date: 23/07/2017
- End Date: 12/08/2017
Course Outline
International Business Course
The course is organized in such a way that participants will get applied business knowledge and skills from academics and business leaders who have built successful companies and are willing to share their knowledge with students. This will greatly assist students to improve their pre- or post- knowledge and skills about the North American markets and methods of doing business internationally. In some ways, it is a vocational as well as an academic programme, delivered by academics and practicing business professionals.
Content
The course is designed to improve managerial practices with ‘intrapreneurial thinking’ (thinking like an entrepreneur within an existing organization) as well as entrepreneurial thought. To be able to think like an entrepreneur one must be able to understand: the types, characteristics, skills and strategies that entrepreneurs use in starting, building and scaling an enterprise. But entrepreneurs do not live in isolation; they must understand their role within the entrepreneurial ecosystem, and know where support and partnerships can be made in order to sustain and finance growth.
Objectives
The objectives of this course are to leverage the Canadian business culture of innovation and international resources to help students prepare to understand the role of entrepreneurs and to assist them in starting and successfully operating their own businesses. The focus is on the role and scope of entrepreneurial start-ups, the process of start-ups, their ecosystem and what is required to develop management plans to take ideas to national and international markets
Intended Learning Outcomes: Students will learn:
- the role, scope and process of entrepreneurial pursuit
- the good, bad and ugly aspects of an entrepreneurial lifestyle
- the factors of success and failure of start-ups
- to self-analyze and evaluate opportunities
- how to write a business plan and develop a business model
- how to start & sustain a new venture
- how to seek alternative forms of venture capital
- how to conceptually reflect on global factors in decision-making
Learning & Teaching Methods: The course will be taught through lectures, case studies, discussion and readings. Specially designed team projects will be designed to enhance the teaching-learning process and give practical experience in developing key components of entrepreneurial strategies. Much of the work is team-based and will focus on decision-making and business communications. 6 ECTS credits have been allocated to the programme.
Assessment: Team industry report, 20%; Team business plan report, 40%; Final exam, 40%.
Note: Team participation is an essential part of the course. Students failing to participate according to the expectations of their teams will receive greatly reduced marks on the team component (60%) and could fail the course).
Course Professor
Dr. Laurence Hewick – Canada
Dr. Hewick is President of Hewick Research Inc., an international firm who specializes in market intelligence facilitating companies to commercialize new technology, raise capital and to expand into foreign markets. Prof. Dr. Hewick is also Academic Director of the Toronto Business Academy, since its founding in 2014 and President and Director of Research for the Global Family Business Institute.
Currently, in Canada, Dr. Hewick is on the Board of Advisors for Rocklinc Investment Partners, GruCorp Services, and is Senior Partner of First Line Capital. Internationally, he is a member of ERENET (Entrepreneurship Research Education Network of Central Europe) and KEN (the Knowledge Economy Network). Dr. Hewick is a Professor of Entrepreneurship and Family Business at Alma Mater Europea and has spent his career evenly split between academe and industry.
Dr. Hewick has spoken at 24 international economic development conferences in 12 different countries: Austria, Bolivia, Croatia, China, Hungary, Indonesia, Macedonia, Malaysia, Moldova, Slovenia, Serbia and the Ukraine. He is known for his “grass-roots, no nonsense” business approach with respect to entrepreneurship, venture capital and its role in economic development and the importance of community collaboration for economic sustainability. Dr. Hewick has been honored by Florida State University as their ‘Distinguished Alumni for Business and Industry; by Streetsville Secondary School with a plaque on their Hall of Fame; Wilfrid Laurier University as ‘Alumnus of the Year’ and in 2013 by the Ontario Legislative Assembly for his transformative impact on public-private partnerships. Dr. Hewick holds a Ph.D. from Florida State University, a M.Sc. from the University of Guelph and an Honors B.A. in Business Administration from Wilfrid Laurier University. He has also completed the Canadian Securities Course and worked as a market analyst in the Canadian securities sector. In his personal life Dr. Hewick is an avid outdoorsman and naturalist with many interests including his farm in north Burlington and European wines. He is also a strong advocate of partnering the business and academic communities to reduce youth unemployment and underemployment.
Application
Set your self apart from the rest!
Be part of our summer school programme and gain new knowledge, broaden your horizon, meet new people and have fun at the same time. Spend your summer in Toronto and take your career to the next level!
Tuition Fee
- Regular Tuition Fee - 2,600.00 CAD
- Tuition Fee ‘Early Bird’ price - 2,400.00 CAD; For Applications until 28th of February 2017
- Tuition Fee ‘Early Bird’ price: 1710€
The Tuition Fee includes
- accommodation
- welcome package
- lectures – course material
- seminars and corporate seminars
- certification of completion and transcript
- 1 day trip to Niagara Falls
- 24/7 assistance
Breakfast package – 280.00 CAD
Breakfast package includes everyday meals, available from 7:30 AM to 10:00 AM daily, served buffet style. Self-service breakfast includes a choice of fresh juice, yogurt, cereal, hot breakfast, eggs, ham, pastry, fruit, and coffee or tea.
Payment by installments
There is a possibility of paying the tuition fee by 5 installments (after February 4 installments), each installment is valued at 20% of the Tuition Fee, deducted by the Registration Fee in the amount of 100CAD. Payment dates for the installments are as follows:
- 1st installment – 1 month after the registration date
- 2nd installment – 2 months after the registration date
- 3rd installment – 3 months after the registration date
- 4th installment – 4 months after the registration date
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5th installment – 5 months after the registration date
NOTES
There are possibilities of scholarships or grants in your home country of residence. Discounts are not cumulative. A registration fee of 100 CAD must be paid upon confirmation from the management about your participation. This amount is non‐refundable and will be deducted from your tuition fee. The tuition fee and extra costs must be paid at least 4 weeks prior to the start of the programme.