McMaster’s DeGroote School of Business in Hamilton receives $1M gift as it overhauls education delivery

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Published September 29, 2021 at 10:18 am

McMaster University's DeGroote School of Business is undergoing an overhaul in the way it offers undergraduate education, with fewer lecture halls and podiums and more open spaces that encourage interaction between students from different disciplines.

McMaster University’s DeGroote School of Business in Hamilton has received a $1 million gift that will be used to build a new lab.

The KPMG Ignition Lab, funded by KPMG, will “embrace digital technology” and promote experiential learning among students.

“The idea to bring KPMG’s Ignition Lab to life at the DeGroote School of Business originated from our mutual deep roots in the local Hamilton community and our commitment to offering students a new way of embracing innovation and technology to learn about business,” said Ruth Todd, DeGroote School of Business graduate and regional managing partner for KPMG.

DeGroote is undergoing an overhaul in the way it offers undergraduate education, with fewer lecture halls and podiums and more open spaces that encourage interaction between students from different disciplines.

“The contribution for this new lab is directly in line with our vision for the McLean Centre as a premier destination for students to discover, learn and collaborate across multiple Faculties and academic disciplines,” said McMaster President David Farrar.

McMaster says students from different faculties and disciplines can come together in the new lab, “explore synergies, spark new thinking and,  solve real-world problems.”

KPMG is hoping the space acts as a pathway for and the next generation.

“It’s important for us to engage with students in a different way to demonstrate how their studies can contribute to positive impact around the world,” said Todd. “This is a commitment to the community and the next generation of professionals.”

The KPMG Ignition Lab will be a dedicated innovation, analytics, and advanced technology space housed within the new McLean Centre for Collaborative Discovery — a multi-storey addition to the DeGroote School of Business scheduled for completion in 2023.

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