HBA 2017 EMPLOYMENT REPORT Ivey Business School MESSAGE FROM THE EXECUTIVE DIRECTOR

Congratulations to the Ivey HBA classes of 2017 and 2018! HBA BY THE This year was another successful year for our Class graduates as they achieved 94% placement NUMBERS of 2017 across a variety of industries, functions, geographies and organizations.

Ivey HBA graduates continue to be attracted to the Consulting and Financial Services sectors and placement in these two industries remains strong, accounting for over half of the graduates from the Class of 2017. Ivey students continue to seek an increasingly diverse range of opportunities, based the perception or belief that they can make an impact quickly within these organizations. As a result, placement in other industries including Information Technology, Accounting, Consumer Packaged Goods, Telecommunications and 94% Hospitality Services remain somewhat consistent. Of those seeking, received an offer by September 30, based on a 95% reporting rate Summer employment offers our students great opportunities to Of those seeking, 95% received an offer by put their first year of HBA into action and explore a new function or December 1, based on a 96% reporting rate industry. For the Class of 2018 seeking summer internships, a full 95 percent of the class received at least one job offer. As internships continue to be valuable for companies to assess a students fit for full-time employment after graduation, this past year, 33% of the graduating class of 2017, translated their summer employment opportunity to a full-time role with the same organization. This year’s graduating class is typical in terms of where their careers $ are beginning, and indicative of a strong start to what promises to be a progressive and diverse leadership track. 68,873 As always, our active network of more than 25,000 alumni and over Average salary (includes: base salary, signing 460 corporate partners played a central role in our students’ success. bonus, and other guaranteed compensation) This report would not be possible without the organizations and alumni who not only trust us with their recruitment efforts, but share market insights that help drive our students’ success. Thank you to them for their support and confidence in Ivey talent – we look forward to another great year ahead. of students Sincerely, accepted a full- time offer from their previous summer employer Sharon Irwin-Foulon 33% Executive Director, Career Management and Corporate Recruiting Ivey Business School

Page 2 Ivey Business School | ivey.ca CLASS OF 2017 AT A GLANCE

Demographics

616 40% 5% 20% 3 26 78% Total Students Percent Percent Non- Pursue Dual Months to 94% Industries where School-Facilitated in Class Women Canadian* Degrees Employment graduates work Job Offers

*as defined by Citizenship

Citizenship by Geography

Canada (95%)

Other includes: Bangladesh, India, Pakistan China (4%)

Other (1%)

Distribution of n Financial Institution (33%) Distribution of n Financial Services (30%) Industries where HBA Industries of our 28,000 Class of 2017 is going n Consulting (20%) alumni worldwide n Consulting (13%) n Accounting (9%) n Information Technology (7%) n Information Technology (6%) n Biotech/Healthcare/Pharma (5%) n Consumer Packaged Goods (5%) n Education (5%) n Telecommunications/ n Wholesale/Retail (4%) Communications (4%) n Food/Drink/Tobacco (3%) n Wholesale/Retail (3%) n Manufacturing (3%) n Real Estate/Property (3%) n Marketing/PR/Advertising (3%) n Legal (2%) n Real Estate/Property (3%) n Marketing/PR/Advertising (2%) n Telecommunications/ 3320+96543211y+ Restaurant/Food Services/ Communications (3%) n 3013+754321y+ Hospitality Services (2%) n Other (21%) n Other (11%)

Given Ivey’s commitment to privacy when collecting student data, the industries contained within ‘Other’ include less than 1% and/or less than 3 graduates, of the graduating class in the following industries: Aerospace, Agribusiness, Construction, Charities/Non-Profit, Distribution/Production, Education, Electricity/Gas/Water, Entertainment, Government, Healthcare, Manufacturing, Petroleum/Energy, Pharmaceuticals/Medical, Public Administration/Regulatory, Tourism/Leisure

Page 3 Ivey Business School | ivey.ca RECRUITING AT THE IVEY BUSINESS SCHOOL

2017 Graduates Compensation Summary* Source of Offer

Base Salary School-Facilitated 78% % Receiving Median Range Career Management Posting 33%

100% $60,000 $20,000 - $177,768 Summer Internship 33% Networking Signing Bonus 10% (with Alumni and Corporate Partners) % Receiving Median Range Alumni/Classmate/Faculty Referrals 2% 41% $5,000 $1,000 - $33,000 Graduate-Facilitated 10% Other Guaranteed Compensation Networking (outside School) 7% % Receiving Median Range Internet, Company Websites, Executive 3% 13% $6,500 $750 - $50,000 Search Firms and Newspaper Posting

*Data reflects students who reported compensation and does not include students who are Other 12% starting their own business 323 221 14 160 Companies that posted Companies our Number of HBAs returning to jobs to the Ivey HBA HBA 2017 students students pursuing their summer Class of 2017 signed with Entrepreneurship employer

Offers Accepted by Geography

Canada (Other) Alberta 3% Average Salary Average Salary $51,723 3% $85,986

British Other Columbia 3% Average Average 2% Salary Salary $57,047 $49,727 3% 78% United **Canada - Other includes Ontario (Kitchener/ States Waterloo, Ottawa/Hull), Quebec (Montreal), British Ontario (London) Columbia (Vancouver) 8% Average Average Salary Ontario (Toronto/GTA) Salary Average Salary *Other includes Asia, Caribbean Islands, Middle East $53,093 $129,557 $64,439

Page 4 Ivey Business School | ivey.ca COMPENSATION BY INDUSTRY HBA Class of 2017

Base salary ranged from $20,000 – $177,768 with a median salary of $60,000 and where other compensation was offered, it ranged from $750 – $70,000

BASE SALARY OTHER COMPENSATION

INDUSTRY % RANGE $ MEDIAN $ % RANGE $ MEDIAN $

Accounting 9% 37,500 - 58,000 45,000 15% 1,300 - 15,000 3,750

Consulting 20% 45,000 - 107,112 65,000 78% 1,000 - 23,712 5,000

Consumer Packaged Goods 5% 46,992 - 75,000 60,000 44% 1,500 - 7,500 5,000

Financial Institution 33% 26,400 - 130,000 80,000 54% 1,000 - 56,500 10,000

Information Technology 6% 35,000 - 177,768 53,500 36% 1,600 - 70,000 8,000

Legal Services 2% 48,000 - 75,396 69,600 33% 750 - 5,000 4,000

Marketing/PR/Advertising 2% 30,000 - 60,000 52,000 Not Enough Data*

Real Estate/Property 3% 35,000 - 78,000 46,500 Not Enough Data*

Restaurant/Food Services/ 2% 60,000 - 65,000 60,000 88% 7000 - 11,500 7,000 Hospitality Services

Telecommunications/ 4% 50,000 - 60,000 60,000 56% 1,200 - 13,500 3,500 Communications

Wholesale/Retail 3% 39,960 - 93,000 50,000 23% 1,967 - 27,500 2,500

Other 11% 20,000 - 72,000 57,000 22% 5,000 - 14,000 7,000

Given Ivey’s commitment to privacy when collecting student data, the industries contained within ‘Other’ include less than 1% and/or less than 3 graduates, of the graduating class in the following industries: Aerospace, Agribusiness, Construction, Charities/Non-Profit, Distribution/Production, Education, Electricity/Gas/Water, Entertainment, Government, Healthcare, Manufacturing, Petroleum/Energy, Pharmaceuticals/Medical, Public Administration/Regulatory, Tourism/Leisure *This denotes either not enough data to sustain anonymity and/or no data was provided

Page 5 Ivey Business School | ivey.ca COMPENSATION BY FUNCTION HBA Class of 2017

Base salary ranged from $20,000 – $177,768 with a median salary of $60,000 and where other compensation was offered, it ranged from $750 – $70,000

BASE SALARY OTHER COMPENSATION

FUNCTION % RANGE $ MEDIAN $ % RANGE $ MEDIAN $

Accounting 9% 37,500 - 53,800 45,000 15% 1,300 - 15,000 3,750

Business Development/ 3% 30,000 - 63,000 50,000 Not Enough Data* Corporate Development

Consulting/Corporate 24% 30,000 - 107,112 65,000 70% 1,000 - 23,712 5,000 Strategy

Engineering 2% 50,000 - 177,768 81,000 50% 13,260 - 40,500 27,500

Finance - Asset Management 4% 40,000 - 94,395 55,000 31% 2,500 - 32,500 8,000

Finance - Commercial Banking 2% 55,000 - 70,000 58,500 38% 1,000 - 6,605 6,500

Finance - Corporate Office 3% 36,000-67,000 57,500 33% 1,967 - 7,500 5,000

Finance - Other 2% 34,200 - 66,810 65,000 Not Enough Data*

Finance - Private Equity/ 2% 43,200 - 114,735 75,000 Not Enough Data* Venture Capital

Finance - Real Estate 2% 38,000 - 78,000 55,000 Not Enough Data*

Finance - Wholesale Banking/ Capital Markets (includes Corporate Banking, 19% 26,400 - 130,000 85,000 78% 2,000 - 56,500 10,000 Investment Banking, Sales and Trading, Equity Research, and Risk Management)

Leadership Development/ 8% 45,000 - 66,000 60,000 51% 1,700 - 12,000 7,000 Rotational Program

Legal 2% 48,000 - 75,396 70,000 33% 750 - 5,000 4,000

Marketing 4% 37,692 - 75,000 55,000 24% 5,000 5,000

Operations 2% 50,000 - 60,000 60,000 Not Enough Data*

Sales 4% 35,000 - 70,000 42,500 25% 1,500 - 12,000 5,000

Other 8% 20,000 - 150,000 57,151 30% 1,200 - 70,000 8,000

Given Ivey’s commitment to privacy when collecting student data, the functions contained within ‘Other’ include less than 1% and/or less than 3 graduates, of the graduating class in the following functions: Human Resources, Information Technology, Project Management, Research and Development/Product Development, Startup *This denotes either not enough data to sustain anonymity and/or no data was provided

Page 6 Ivey Business School | ivey.ca SUMMER INTERNSHIP CLASS OF 2018 EMPLOYMENT

Class of 2018 Companies Providing Summer employment Summer Internships at a glance by Size: 253 Number of companies posting summer roles to the HBA Class 95% of 2018 Of those seeking received an offer based on a 100% reporting rate 267 24n 1-50 employees (24%) 8+492031y+ Number of companies HBA 2018 n 51-200 employees (8%) students signed with n 201-500 employees (4%)

n 501-1000 employees (9%)

n 1001-5000 employees (20%) $940 n 5001-10,000 employees (4%) 429 n 10,000+ employees (31%) Number of HBA 2018 students accepting positions with summer Average weekly base salary employers they had not worked with before their HBA studies

Demographics

607 39% 7% 29 31 65% Total Students Percent Percent Non- Different functions Different industries School-Facilitated in Class Women Canadian* that the students that the students Job Offers summered in summered in

*as defined by Citizenship

Page 7 Ivey Business School | ivey.ca SUMMER INTERNSHIP CLASS OF 2018 JOB OFFERS

Source of Opportunity Salary by Geography

Average Weekly 65% Location School-Facilitated Salary ($)

Asia 371 Career Management Posting 40% Alberta 1,160 Networking 22% (with Alumni and Corporate Partners) British Columbia 611

Alumni/Classmate/Faculty Referrals 3% Ontario – Kitchener/Waterloo 653

Graduate-Facilitated 21% Ontario – London 858

Ontario – Toronto/GTA 905 Networking (outside School) 13% Quebec 587 Previous Employer 6% Canada – Other 764 Internet, Company Websites, Executive 2% Search Firms and Newspaper Posting United States 1,901

Other 14% Other Not Enough Data*

Offers Accepted by Geography

Canada 2% 3% (Other) Alberta Quebec

Other 2% Ontario 1% 4% Kitchener/ Waterloo)

British Columbia 2% 68% 7% Ontario United (London) 5% Asia States 6% Ontario (Toronto/GTA)

Page 8 Ivey Business School | ivey.ca SUMMER EMPLOYMENT COMPENSATION (BY INDUSTRY)

BASE WEEKLY SALARY

INDUSTRY % RANGE $ MEDIAN $

Accounting 6% 678 - 1,600 790

Charities/Not-for-Profit 2% Not Enough Data*

Consulting 9% 560 – 1,625 1,050

Consumer Packaged Goods 5% 400 – 1,150 845

Entertainment 2% 625 – 818 713

Financial Institution 34% 130 – 3,750 1,000

Government 2% 475 – 990 700

Healthcare 2% 500 – 595 573

Information Technology 7% 120 – 2,773 800

Manufacturing 2% 900 – 950 950

Marketing/PR/Advertising 3% 250 – 650 577

Real Estate/Property 4% 325 – 1,375 643

Restaurant/Food Services/Hospitality Services 3% 265 – 850 800

Telecommunications/Communications 6% 645 – 1,057 866

Tourism/Leisure 2% 200 – 750 500

Wholesale/Retail 3% 350 – 900 550

Other 8% 120 – 1,250 667

Given Ivey’s commitment to privacy when collecting student data, the industries contained within ‘Other’ include less than 1% and/or less than 3 students in the following industries: Aerospace, Automotives, Construction, Distribution/Transportation, Education, Electricity/Gas/Water, Environmental, Executive Search, Legal, Not for Profit, Petroleum/Energy, Pharmaceuticals/Medical, Printing/Publishing/Media, Public Administration/Regulatory *This denotes either not enough data to sustain anonymity and/or no data was provided

Page 9 Ivey Business School | ivey.ca SUMMER EMPLOYMENT COMPENSATION (BY FUNCTION)

BASE WEEKLY SALARY

FUNCTION % RANGE $ MEDIAN $

Accounting 8% 595 – 1,600 789

Business Development/Corporate Development 4% 120 – 950 575

Consulting/Corporate Strategy 15% 468 – 1,625 920

Finance - Asset Management 5% 600 – 1,200 715

Finance - Corporate Office 5% 490 – 1,667 875

Finance - Other 4% 130 – 1,774 713

Finance - Private Equity/Venture Capital 5% 450 – 2,217 875

Finance - Real Estate 3% 325 – 1,375 630

Finance – Wholesale Banking/Capital Markets (includes Corporate Banking, Investment Banking, Sales and Trading, 16% 538 – 3,750 1,635 Equity Research, and Risk Management)

Information Technology 2% 595 – 940 760

Leadership Development/Rotational Program 2% 616 – 850 800

Marketing 11% 350 – 900 700

Operations 5% 500 – 950 855

Sales 5% 200 – 1,150 872

Startup 2% 265 – 1,250 688

Other 8% 120 – 2,773 640

Given Ivey’s commitment to privacy when collecting student data, the functions contained within ‘Other’ include less than 1% and/or less than 3 students in the following functions: Communications/Public Relations, Entrepreneurship, Legal, Research and Development/Product Development, and Project Management *This denotes either not enough data to sustain anonymity and/or no data was provided

Page 10 Ivey Business School | ivey.ca RECRUITING COMPANIES (SUMMER AND FULL-TIME)

Below is a list of companies who engaged with Ivey’s HBA students this year through networking, formal postings, and/ or on-campus recruiting. Those denoted with (*) hired an Ivey HBA student or graduate. The bolding recognizes the top hiring firms for the HBA class of 2017 and 2018.

3M Canada Company Anthem Sports Baskin Wealth Management Bruno Event Team Entertainment* A.T. Kearney Bayer Inc. BTY Group* AnyCard Absolute Software BC Investment Management Buckley Dodds Parker LLP* APP* Corporation (BcIMC) Acasta Capital Burgundy Asset Management Arcane BDO Canada LLP * Ltd. Accenture* Architect Hair Design Beacon Securities Ltd.* Business By Philosophy* Accreon Arctic Glacier* Bell Canada Enterprises* Calistix Capital* Ace Bakery Ardenton Benefit Cosmetics Camp Oochigeas* Ace Hill Beer Ares Management* Berq Capital Inc. * Canaccord Genuity Corp.* ACM Advisors Ltd.* Arla Foods Inc. Best Buy Canada Canada Bread Company Acquia* Limited* Armstrong Partnership LP Bethanys Hope Foundation ACR Alpine Capital Research Canada Goose Inc. Arrow Electronics BFL Canada* ADP Canada* Canada Post Artscape Birch Hill Equity Partners Advanced Analytics and Canadian Addiction Treatment Research Lab* Aryzta* Bitches Walking Dogs Centre Agentis Capital* AskStory* Bitmaker Labs Canadian Breast Cancer AGF Investments Inc. Askuity* BlackBerry Limited* Foundation Air Canada* AstraZeneca Blackhawk Network* Canadian Hospital Specialties Ltd.* Airscape* Atlas Advisors LLC* BlackRock* Canadian Nuclear Alayche & Company* Autodata Solutions Blair Franklin Capital Partners Laboratories Alberta Investment Automotive Retailers Blinds To Go Canadian Pharmaceutical Management Corporation Association* Distribution Network (AIMCo) Bloomberg LP* AVIC International Ltd.* Canadian Real Estate Aldo Group* Blue Pie Productions Avison Young Commercial Investment Trust (CREIT)* BlueCat Alera Skin Care Real Estate* Canadian Tire Corporation Alfan Group Bain & Company Canada BMO Financial Group* Limited* Inc.* All Seniors Care Living BMW Canada Inc.* Capco* Centres Ballard Power Systems Inc.* Boler Mountain* Capitalize for Kids* AltaGas Ltd.* Bank of America-Merrill Borrowell* CardSwap Inc.* Lynch* Alvarez & Marsal Canada BrandActive CareerUp ULC* Bank of Canada BrandFit* Cargill Amazon Canada* Bank of China* Bridgeable Carpedia International Ltd.* American Eagle Outfitters Bank of Communications* Canada BroadGrain Commodities Inc. CarProof Banyan Software* American Express* Brock Solutions Carson Dunlop Barclays Capital Canada* Amico Brookfield Capital Partners Cassels Brock & Blackwell Barometer Capital LLP* Animus Capital Partners* Management* Brookfield Renewable Energy Group CBRE Caledon Capital Anixter International Basketball World Toronto Management Inc.* Bruce Power*

Page 11 Ivey Business School | ivey.ca Cedarhurst Dementia Care CrowdChange ecobee Forest City Pool and Patio Home Inc.* Crowe Soberman LLP* Ecolab CGI Group Forge and Foster Investment Cubane Consulting Edusight Inc.* Management* Charity Intelligence Canada* Cushman & Wakefield Inc.* Edward Jones Fortune Marketing Chengdu International Fashion Outlet* Cybernaut Investment Group* EFESO CONSULTING Forum Equity Partners Choice Hotels Canada Inc.* D2L Corporation EFS Forum Family Office GmbH CIBC Bank* dac group* Eight Capital Fosun Property Holdings* CIBC Run for the Cure* Dah Makan* EllisDon Four Seasons Hotels and Resorts Ciel Capital Dancing Bee Equipment* EMCO Corporation* FreshBooks Cineplex Deloitte.* Emmit Financial Freshii* Cintas dentalcorp* Emzingo* Fuel Trade* Cisco Systems* Dentons* Enbridge Inc. Fusion Retail Analytics Citi* Design1st* EnerCare Inc.* Desjardins Group Enterprise Holdings* General Dynamics Land CITIC Group* Systems Canada* Detecon International* Entertainment One City of Burlington General Electric (GE) Canada* Devencore NKF Environmental Defense Fund City of Hamilton* General Mills* City of Toronto* Dhandho Capital Epcor Utlities* Management* General Motors of Canada Clausehound Equitable Bank* Limited DHL Express Canada* CleanSlate UV eSight Eyewear* Georgette Packaging Diamond & Diamond* CNTRBND* Evans Investment Counsel Giampaolo Group of Diamond* Companies College Pro Eventi Capital Partners* Digital Assets International* GlaxoSmithKline Inc* Colliers International* Evercore Partners* Digital Extremes Glidepath Portfolio Services* Complete Merchandising Everipedia, Inc.* DMASL Solutions Inc* Ewing Morris & Co. Global Golf Advisors Conestoga Meats Doblin Investment Partners Ltd. GlucoGuide Conflict Advertising Inc.* Doc.It* Extreme Venture Partners GMP Securities LP* Connor, Clark & Lunn DoctorCare EY* Golden Spruce Capital* Financial Group* DoorDash* Facebook Inc.* Goldenwise Capital Conservative Party of Double Insight* FactSet* Management* Canada* DoUknow* FairVentures* Goldman Sachs & Co.* Cormark Securities* Dow Jones* Federal Economic Goodlife Fitness Clubs Cormark Securities* Development Agency for Dream Office REIT* Google* Cornerstone Research* Southern Ontario (FedDev Dream Unlimited Ontario)* Government of Ontario* Corus Entertainment* Dress for Success Toronto Federal Express Canada Ltd. Grand Challenges Canada Cossette DRI Capital* Ferrero Grand Slam Media Couch & Associates Drop* Ficanex Grant Thornton LLP* CPG Connect Duff and Phelps* Fidelity Investments Grason International Sourcing CPP Investment Board* Dundee Private Equity* Fiera Capital Gravitas Financial Inc.* Craft + Keen Dundee Private Equity* Figure 1* Great Circle Solar Credit Suisse* Management Corporation* Duojin Investment (Canada) Fintros Creditease Wealth Great-West Life Inc. FirePower Capital* Management Co.* Green Acre Capital* DW Healthcare Partners Fivewalls Realty* Crestview Strategy* Green Carrot Juice Co.* E.&J. Gallo Winery Canada Flora Media Inc.* Crossgrove & Company Greenhill & Co., Inc.* Wealth Management Inc.* Echelon Wealth Partners*

Page 12 Ivey Business School | ivey.ca Greenhouse Juice Co.* IMS Health JRP Employee Benefit Marsh Canada Limited* Solutions Grewal Guyatt LLP In the Funnel Martinrea International Inc. Juniper Park \TBWA* Greystone Managed Indigo * MasterCard Advisors* Investments* Kahuso* INFOR Financial Group Inc* Mattel Grosvenor Group* KAR Auction Services Information Venture Partners* Mavencare Groupe Dynamite* Kerry Holdings Limited Info-Tech Research Group Maxit Capital GrowSumo Inc.* Keurig Canada McCain Foods Growth Angel* Infrastructure Ontario* Kew Media Group* McCarthy Tétrault LLP* GrowthGenius* Infusion Health* Kids Help Phone McDonald’s Restaurants of Gryllies In-lite Design Corporation* Kin Community Canada* GTA Photography Classes Institutional Mortgage Kinross Gold McKesson* Capital* HAITONG Securities Co., Kirchner Group* McKinsey & Company* LTD.* Intact Financial Corporation* Klass Capital McMillan LLP* Haldimand County* Integra Medical Inc klick inc* Medcan Health Management Harry Rosen Intel Corporation Inc.* Korn Ferry Futurestep HaulerAds* Intelex Medcan* KPMG* Hay & Watson Chartered Intellitix* Medical Mart* Accountants* Labatt Breweries of Canada* Intelliware Development Inc. Meltwater* Headwater Equity Partners* LaSalle Investment Interact China Management* Mercer (Canada) Limited* HelloFresh Interactive Sports Lazard Canada* Merck - EMD Serono HFG CHINA* Technologies Inc League Inc.* MetaLab* High Commission of Canada Interbrand* in Australia Leonard Green & Partners Metavrse* Intercast Staffing Hilti* LEVEL5 Strategy Group Metro Inc. Interfacing Hines Loblaw Companies Limited* MFS Investment Management Interfor Corporation* HollisWealth London Cross Cultural MHI Corporation Invesco Canada Ltd. Learner Centre Homadorma Inc. Michael Kors Invictus Analytics and London Knights Hockey Club* Home Trust Company* Strategy Inc. Microsoft* London Stock Exchange Honeywell IPG Mediabrands Group Ministry of Children and Youth Services* Houlihan Lokey Howard & iPrice Group Sdn Bhd Longview Asset Management Zukin* Ltd.* Ministry of Economy, Ironbridge Equity Partners* Government of HRdownloads LoyaltyOne* Saskatchewan* ISD Group* HSBC Bank* Lyft* Ministry of Transportation* Istuary Innovation Group* Hudson’s Bay Company* Mackenzie Investments* MNP LLP Itelligence* Hugessen Consulting Inc.* Mackie Research Capital MOD Developments* Ivey Business School* Corporation* hvGrid-tech Inc* Moelis & Company* Ivey Career Management Macquarie* Hydro One Networks Moen Jack.Org* Mamann, Sandaluk & Kingwell IA Clarington Investments* Mohawk Medical* Jack.Org* LLP* IBM Canada Ltd.* Molson Coors Canada Jackman Mansfield Inc. IBM Global Business Services Mondelez International* Janet David & Associates Inc. Manulife Financial* ICICI Bank Moneris Solutions Jarislowsky Fraser Maple Leaf Foods Inc.* Idea Couture* Moresby Group Tech-enabled Johnson & Johnson* Maple Leaf Sports & consulting ifeng.com* Entertainment* Jones Lang LaSalle* Morgan Stanley* Impact Capitalyst Maple Rock Capital Partners JP Morgan* Morneau Shepell* Imperial* Mars Canada Inc.*

Page 13 Ivey Business School | ivey.ca Mosaic Sales Solutions* OpalCap Partners* Rajni Tekriwal Law* SapientNitro* Motoinsight Open Avenue Inc.* Raymond James Ltd* SAS Canada Mountain Top Promotions* OpenText RBC Financial Group* Satov* Muskoka Woods* OPTrust* RE/MAX Legacy Realty Inc* Saturn Power* N49 Interactive* Orbis Investment Realstar Management* Scholars Education Centre* Management Ltd* Nanjing Suning* Regional Municipality of York* Schwartz Levitsky Feldman* Origin Merchant Partners* National Bank Financial* Reliance Home Comfort Scotiabank* Osler Business Consultants National Bank of Canada* Ltd Remington Group* SDG* nD Insight Osler, Hoskin & Harcourt LLP* Reprisk AG Sears Canada Inc.* Nestle Canada Inc. Overbond Resilience Equity Partners* Seaspan Marine* Netchem Inc. Owens Wright LLP* Resolver Inc.* Selffii Artificial Intelligence* New Leaf Enterprises / Oxford Properties Group & Restaurant Brands Sentry Investments* Cloudwalk Farm International * OMERS* Serind Labs* Newcomp Analytics Retail Ready Foods Inc. PAPOO Games* Setter Capital Newmark Knight Frank Parmar Capital Revlon Devencore* Shopify* Pathfinder Asset Revoderm Pharma* NewPoint Capital Partners* Shoppers Drug Mart* Management* Reynolds and Reynolds SickKids Foundation Newport Private Wealth* Paulsan Construction Inc.* (Canada) Ltd. Sid Lee Newterra PeaceGeeks* RFA Capital Partners Inc. Silver Lake Partners* Nielsen* Pelmorex Media Inc.* Richter Consulting Group Slate Asset Management* North Toronto Early Years PepsiCo Canada* Richter LLP Learning Centre SmartREIT Peptalk Motivation* Rinovia Capital* Novantas, Inc. Smith and Long* Pharmascience* RioCan Management Inc.* Nudestix Inc* Specialisterne Phreesia RL Solutions* OES Inc.* Speridian Technologies PI Financial Corp.* Rocket Internet OES Inc.* Spiral* PICC* Rogers Communications Inc.* Officialize SportBox Pivotal Inc.* Rogers Corporate Strategy Ogilvy & Mather Canada and Planning Group SSense* PJT Partners* OKO Group* Royal Canadian Yacht Club St. Paraskeva Orthodox Pluck Tea Inc.* Old Tomorrow Ltd. Royal Capital Corporation Charity* PointClickCare Oliver Wyman* RS Energy Group* Stack’d Consulting Inc. Polar Asset Management Staffy Canada Inc OMERS* Partners* Ruffalo Noel Levitz* Stanton House OnCall Health* Polaris Transportation Group* Russell Reynolds Associates Starlight Investments* Ondra Partners* PostBeyond* Russell Square Partners* StarTech.com* One Properties* President’s Choice Financial Ryerson Inc. Onex Corporation (PC Financial)* Rylor Inc. Starwood Hotels & Resorts Worldwide, Inc Ontario Bioscience Innovation Princess Auto Ltd.* S&P Global* Organization Stericycle Procter & Gamble Inc.* S.i.Systems Ontario Power Generation* Stikeman Elliott LLP* PropertySpark* Sakura Media* Ontario Public Service* Storey Living Pro-X Event* Salesforce.com StormFisher Environmental Ontario Securities PSP Investments Commission* SaleSpider Media Inc* Public Sector Digest Inc. Ontario Teachers’ Pension Samsung Electronics Canada Strategic Insight Inc.* Plan Board* PwC* Street Contxt SAP Canada Inc. OP Investment Management Qatalyst Partners* Sun Life Financial* Ltd.* SapientNitro* Race Roster Suncare Assisted Living*

Page 14 Ivey Business School | ivey.ca Suntchi Fashion Brand & Trapeze Group Wells Fargo & Company* Technology* Travelers Western University* Symbility Intersect* Traxxall Technologies* Williams & Partners Taplytics* Tree of Life Canada* Willis Towers Watson* TD Bank Financial Group* Triage.com* Workday* Tealeaves Trillium Network for Advanced Workplace Safety and Tell Me Travels Ltd* Manufacturing* Insurance Board* TELUS* Trindent Consulting* Xerox Tennis Canada* Tsingdata Xesto* TenTree* Tutor Doctor XPND Capital* Teranet Inc. Uber * Yahoo Tesla* Uberflip YayTrip TGO Consulting UBS SDIC Fund Management Yodo1* Co.* The Bedford Consulting Yorkdale Partners* Group UBS Securities* Zhangshu Rural District* The Boston Consulting UNICEF Canada Group* ZS Associates* Unilever Canada* The Brattle Group ZTR Control Systems, LLC* Union Gas The Deck Store, Inc.* Union Square Advisors, LLC* The Goal Getters* United Way - London & The Hershey Company* Middlesex* The Hospital for SickKids* Universe The Kraft Heinz Company* University Health Network (UHN)* The Lightning Group * University of British Columbia The Loop Agency University of New Brunswick* The Shopping Channel Valitas Capital Partners* The Sullivan Source Inc. Venture for Canada* The T1 Agency* VERGE Capital* The Luxury Properties Showcase Ltd Veritas Investment Research* Thinking Capital VIA Rail Canada Inc.* Tianfeng Securities* Vidyard* Tidal Migrations* Vigorate Digital Solutions Time Development Group Vision Capital* TJX Canada/Winners vivovii* Merchants International L.P.* Volaris Software Group* TMX Group* Walmart Canada* Top Hat Warner Music Group Torkin Manes LLP* Wasserman Media Group* Toronto Central LHIN* Waterton Global Resources Toronto Hydro* Management, Inc. TouchBistro Wattpad TPCM Inc.* Wayfair TradeWinds Group* Wealthsimple Inc.*

Page 15 Ivey Business School | ivey.ca