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Scotiabank supports changemakers

Bank’s $325,000 gift enables business-student internships at not-for-profits
November 15, 2016

TRSM student Megan Thomas learned valuable skills at her co-op placement with the Canadian Executive Service Organization (CESO). Photo: Clifton Li.

Ryerson University and Scotiabank are pleased to announce the bank’s $325,000 gift to boost student engagement and training in the not-for-profit sector.

Scotiabank’s support makes it easier for not-for-profits to benefit from the new skills and perspectives that an intern brings to the workplace, and creates opportunities for Ryerson students to learn and gain experience with charities and organizations working toward positive social change.

With Scotiabank Changemakers, students from the Ted Rogers School of Management (TRSM) will be able to participate in internships with not-for-profits – a sector often under-represented as a career option to young people. Encouraging this interaction between business students and the not-for-profit sector will further opportunities for employment and continued volunteerism.

Last summer, two students from TRSM’s accounting and finance program participated in Scotiabank Changemakers. Megan Thomas and Mehrnaz Maleki both completed co-op placements with the Canadian Executive Service Organization (CESO), a leading economic development organization dedicated to reducing poverty and fostering economic growth in Canada and worldwide.

Thomas says the experience was particularly relevant to her education as a finance student: “I learned so much over the summer and gained valuable skills that will help me throughout the rest of my schooling. I was doing work on their database and assisting in monitoring submissions of evaluation reports for both international and national assignments. It was an amazing experience for me."

“At Scotiabank, we believe investing in young people is the path to community prosperity,” said Paul Baroni, senior vice-president, business finance head, Scotiabank. “Scotiabank aims to support organizations that are committed to helping young people reach their full potential. We believe this is an investment in the long-term security, stability and growth of both our communities and our business. We are proud to continue our partnership with the Ted Rogers School of Management at Ryerson University through our funding of the Scotiabank Changemakers program.”

Ryerson University President and Vice-Chancellor Mohamed Lachemi said, “Scotiabank has been a generous and forward-thinking partner with Ryerson University for many years. With this gift, they further our work to engage and build community, and they provide real-world opportunities for students to bring to life the university’s mission to serve society’s needs. We are truly grateful for their investment to make a positive difference for tomorrow.”