Exciting developments in Brampton's downtown continued on July 25th as Algoma University announced a new School of Business and Economics. This expanded programming at the university's Brampton campus will open for enrolment this September. Students in Brampton and the GTA will now have the choice of two new four-year bachelor degrees, in Business or Finance and Economics, both offered in the heart of downtown Brampton.
This exciting news adds to the buzz around new developments and transformation in Brampton's core, particularly as it relates to new post-secondary options for students from Brampton and the GTA. With plans for a new Ryerson University campus well underway, and Downtown Reimagined project work beginning in the fall, Brampton's downtown is becoming a destination for learning, working and playing.
This next chapter of Algoma University's business programming builds on the University's commitment to provide competitively priced, quality academic offerings that prepare students for long-term career success while supporting the needs of the local business community and beyond.
Algoma University began offering a Bachelor of Business Administration pathway program in downtown Brampton in the fall of 2010, with just under 40 students. The initial program model was focused on college diploma holders who were looking to complete an undergraduate business degree in order to move forward in their professional careers. Enrolment grew to more than 100 students each year, and the university's expansion plans call for more than 500 students in downtown within the next three years.
Quick Facts
- Approximately 200 students have completed their degree requirements at Algoma University's Brampton campus
- Roughly 70 per cent of Algoma University's Brampton campus students are from Brampton or immediately adjacent communities. The remainder are from other GTHA communities as well as students from China, India and other countries.
- Ryerson University's new downtown campus is currently planned to be open for classes in the fall of 2022, offering experiential learning in undergraduate programs with a broad focus on cyber science and business.
- The City is preparing vacant space downtown to launch a business incubator and co-working space, with Ryerson University sharing best practices gleaned from its extensive experience with innovation and incubation.
- The City of Brampton and the Region of Peel are set to begin an infrastructure upgrade and beautification project, Downtown Reimagined, which will create a vibrant public realm with an aesthetically beautiful streetscape around the historic Four Corners.
Quotes
"I'm excited to hear that Algoma University is expanding to include a new School of Business and Economics in downtown Brampton. This new programming builds on our goal of offering more quality education in our city and creates more opportunities for Brampton students and businesses to excel."
- Brampton Mayor Linda Jeffrey
"Algoma University is proud to launch the School of Business and Economics as the exciting next phase of development for our long-standing efforts to grow post-secondary access in Brampton. The new School of Business and Economics demonstrates our continued commitment to enhancing the quality of our programs while ensuring our students are well-prepared to support the needs of the Brampton business community. We are excited by the City of Brampton's vision for the downtown core and look forward to working with the Ministry and our partners in the post-secondary sector to collectively support the growing needs of the community."
Asima Vezina, President and Vice-Chancellor, Algoma University
