McMaster University
DeGroote School of Business

Research Centres

Our research centres and institutes rank among the world’s best, and our students – both graduate and undergraduate – reap the benefits of these first-class facilities while they learn from some of the country’s finest researchers and educators.

AIC Institute for Strategic Business Studies

The AIC Institute for Strategic Business Studies includes a Director of the Institute, an endowed Chair in Investment and Portfolio Management, two Professorships, and an MBA program with specific focus on strategic business studies. Scholarships are available in order to help recruit top talent into this competitive program. The stream in Strategic Business Studies is intended to train investment professionals in the best practices for business valuation and will stress interdisciplinary models and investigative techniques that thoroughly value the whole business. It will draw upon traditional valuation techniques as well as newer, more contemporary approaches, especially in the valuation of intangibles.

The Allen H. Gould Trading Floor (GTF)

One of the first such facilities in North America, and one of only 30 in the world, the Allen H. Gould Trading Floor is a state-of-the-art educational tool that enables students to experience the relationships and interactions of the financial markets.

The Floor is comprised of 21 computer terminals, each equipped with two flat screen monitors; plus three Trans-Lux display boards delivering real-time data from all Canadian exchanges, the Chicago Board of Trade and the New York Stock Exchange. The room is served by Reuters' latest Kobra information technology, and features two Bloomberg terminals.

The CA / DeGroote Centre for the Promotion of Accounting Education and Research

The primary purpose of this centre is to encourage research, scholarly development and professional activities in the field of accounting. This is a new joint research centre and it is in the process of being approved by the Institute of Chartered Accountants of Ontario (ICAO) and McMaster University. The process is expected to be complete in early 2011. When approval is complete, DeGroote’s will become one of only seven ICAO Research Centres in the province.

McMaster eBusiness Research Centre (MeRC)

The McMaster eBusiness Research Centre recognizes the potential of eBusiness and has responded by developing educational and research programmes to meet the needs of students and businesses in this evolving field. The aim of the Centre is to focus on and provide infrastructure support for research in eBusiness to academics and industry partners and build a world-class research centre to link our research and educational activities in eBusiness at the graduate, undergraduate and corporate levels.

Management of Innovation and New Technology Research Centre (MINT)

Established in 1994, MINT received formal recognition as Canada's first innovation research centre. This led to the design and launch of Canada's first MBA stream devoted to the Management of Innovation and New Technology. Quickly becoming the world's foremost think-tank in the field of innovation research, the mission of MINT is to develop the highly skilled innovators that business and industry need to compete in a technology-driven, change-intensive marketplace.

Faculty Profile

Pat Wakefield

Some consumer purchase decisions involve highly technical and complicated issues and information.  This is especially true when the "consumer" is a patient or caregiver and the "product" is a health care service.

Assistant professor Pat Wakefield examines how consumers cope in such highly consequential decision settings. Results of her work provide guidance to health care practitioners and policy makers by identifying what kind of support patients need and how and when they want it.

Wakefield is also the Director of the AIC Institute for Strategic Business Studies.

Under her leadership, the AIC Institute has a renewed focus on investigation into the creation of value in an enterprise. This mandate strives to provide business professionals with the techniques and expertise to understand and assess more fully, business strategies and the tangible and intangible assets that contribute to their value.