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Western’s Ivey business school came in 87th, up from 94th last year and beating out both McGill’s Desautels school, which dropped four spots to 91st, and the University of Toronto’s Rotman school, which fell nine places to 94th. (Financial Times)

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Talking point: Harvard University took the top spot in the ranking for the first time since 2015. The ranking lists the top 100 MBA programs in the world based on 20 criteria, including an alumni survey, research output and salary percentage increases for students after taking their MBA. Ivey graduates saw an 85 per cent salary increase, the highest of any Canadian school, but near the bottom globally. The Shanghai University of Finance and Economics’ business graduates, for example, had a 216 per cent salary increase.

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McArthur spent over six decades as a member of the Harvard Business School (HBS) community as a student and faculty member, including 15 years as the school’s dean. In 1984, he launched the Harvard Business School Press (incorporated as Harvard Business School Publishing in 1993). Born in Vancouver, he was a founding board member of the Canada Development Investment Corporation and served on several boards, including those of Telesat Canada and Bell Canada. He was awarded honourary doctorates at numerous academic institutions, including Simon Fraser University and the University of British Columbia, where he received a bachelor’s degree in forestry in 1957. In 2013, he was appointed an Officer of the Order of Canada. He died on August 20 outside of Boston. (The Logic)

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Talking point: McArthur is credited for changing the culture of HBS: “We have to stress how human values, like ethics, relate to business decisions,” he told the Boston Globe in 1979. He chaired the Asia Pacific Foundation (APF) of Canada until 2015; the organization then established the John H. McArthur Distinguished Fellowship in his honour. Michael Bloomberg, the businessman and former New York City mayor, was named APF Canada’s second John H. McArthur Distinguished Fellow in January. McArthur was instrumental in the 1994 merger of two of the U.S.’s leading teaching hospitals—Brigham and Women’s Hospital and Massachusetts General—creating Partners HealthCare, where he served as founding co-chairman.

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Students at Queen’s University and York University have created Instagram accounts to object to what they describe as racism from peers and lack of faculty training. Both universities said they’re looking to do more to promote diversity. (The Canadian Press)

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Talking point: Both accounts have attracted significant followings. The Queen’s University account, Stolenbysmith, was created by a 20-year old student less than two months ago. It now has over 12,000 followers and has shared 323 stories. Silenced at Schulich has about 900 followers and has shared 52 posts. Ontario business schools are responding by working on initiatives to tackle barriers for Black and Indigenous students. The accounts are part of a broader trend of students using Instagram accounts to post anonymous descriptions of racism at schools ranging from Harvard University to high schools.