Bissett Insider

Bissett Accounting Finance Department hosts Bringing Voices Together: Diversity and Inclusion in Accounting and Finance

Sponsored by the CPA Education Foundation, the Bissett Accounting & Finance Department, spearheaded by Assistant Professor Nicole Edge, hosted “Bringing Voices Together: Diversity & Inclusion in Accounting & Finance” on March 16, 2018. A group of ~ 50 registrants including experienced professionals, alumnae and students came together over lunch to share stories about experiences working as women in a male-dominated profession.

Robin Taub,  author, speaker, writer, “solopreneur” and former Chair of CPA Canada’s Women’s Leadership Council, provided current Canadian context on gender diversity and the business case for why Canada needs to take action to address gender diversity. She and Ruth McHugh, current COO of the Alberta Office of the Auditor General, then shared their stories of what it was like for them to enter this discipline and carve out their own space as CPAs. The conversation then moved to small round-table discussion where students had an opportunity to engage with professionals and discuss a range of questions and ideas about gender diversity and inclusion in the profession.

Nicole reports that based on positive feedback – particularly from students who felt this was one of their first opportunities to hear directly from the “on-the-ground” practitioners about these issues, options for follow-up events are being explored.

Special thanks to Nicole for spearheading this event and ensuing this timely issue is at the forefront of the faculty.

The annual Bissett Stock Market Challenge sees a record number of student participants

The ATB Investor Services Investment Challenge, otherwise known as the Bissett Stock Market competition, wrapped up at the end of March after seven months. Starting in September 2017, this year saw a record number of 33 teams compete.

The winning team of Austin Glenn, Lucy Javorcikova, and Harrison Lane had an outstanding return of 92%. The second place team of Jarett Bishop, Rob Flach, and Graham Perry managed an impressive 54% return, and the third place team of David Carlson, Amy Gillies, and Ahsan Khan were close behind with a return of 44%. All three teams are the recipients of cash prizes. The winning team is immortalized by having their names inscribed on the Stock market competition trophy. This year’s competition was the 13th edition of the popular competition.

Congratulations to the students and special thanks to Jim Fischer, Associate Professor and faculty adviser for the competition!

Bissett students win 2018 CFA Society Winnipeg Ethics Challenge!

Bissett School of Business would like to congratulate the winning team of the 2018 CFA Society Winnipeg Ethics Challenge: Dylan Assen, Tiffany Doyle, Harrison Kozak, Andy McAuley, Graham Perry and Faculty Adviser, Catherine Roy Heaton.

Winners, 2018 CFA Winnipeg Ethics Challenge, Mount Royal

Our Bissett team competed against six other universities that are members of the CFA Institute University affiliation program and/or embed financial ethics into their curriculum. Those institutions include the  University of Alberta, University of Calgary, University of Saskatchewan, University of Manitoba and the University of Winnipeg.

“The teams had four weeks to analyze and evaluate a case which presented several ethical dilemmas and then identify the violations of the CFA Institute Code of Ethics and Standards of Professional Conduct.”  Students presented their findings, gave recommendations and were grilled by a panel of industry professionals.  Bissett Chair and faculty adviser of the team, Catherine Roy Heaton,  indicated the students excelled through their preparation and work ethics, teamwork, strong presentation skills, comprehension of the Code and Standards and the ability to apply their learned acumen to “real world applications” is what made them the stand out team.

The team will be representing Bissett at Nationals in Vancouver this coming May, competing against the top teams from across Canada. Bissett School of Business  wishes the students a successful showing in Vancouver and would like to extend our thanks to Cathy for her continued dedication and mentor-ship to the CFA Ethics team!


Bissett School of Business students participate in a town hall consultation with the Federal Minister of Finance

In its budget consultation process (#budget2017), the Federal Government presented students the opportunity to discuss and share ideas with the Federal Minister of Finance, Bill Moreau. A number of our own Bissett business students tool the opportunity to particiapate in the Google town hall consultation.

The video is available on online at the following link:


Finance Students looking forward to upcoming events

The 12th Annual ATB Investor Services Investment Challenge, otherwise known as the Bissett Stock Market Competition, is up and running. Students in teams of three have until March 31, 2017 to maximize their returns in a real-time simulation. The members of the 1st, 2nd and 3rd place teams win cash prizes and a luncheon with members of ATB Investor Services. The 1st place team is also immortalized on the Stock Market Competition trophy. The competition is grateful to ATB for their support of this competition. For more details, contact Jim Fischer.
The Financial Students Organization (FSO) has undertaken some fund raising initiatives this semester. On a challenge from Jim Fischer, the FSO is attempting to raise $2,000 to be split evenly between the Terry Fox Foundation and the United Way. If they are successful, the stakes are a public shaving of Jim’s beard on October 25! This much anticipated event will take place in the Bissett 2nd floor atrium at 12:00 noon. Refreshment will be provided. 

Bissett Finance students compete in the CIFP Case Challenge

Mount Royal - CIFP Case Challenge 2016The Bissett School of Business wishes to congratulate our students, coached by financial services contract faculty member, Sean Bjorkland, who competed in the annual CIFP Case competition, western edition, hosted by SAIT on March 12th.
“After a sequestration period where the students analyzed a personal financial planning case, the students presented and answered questions from industry leaders.  It is a challenging, if not daunting task.   I was extremely impressed with our team’s bold, yet reasoned and comprehensive recommendations.- Cathy Roy-Heaton
The CIFP Case Challenge was the largest Western edition to date with 8 teams, from 4 business schools, competing.  Representing Mount Royal University were:


Sean Bjorkland, VP, Financial Planning, BMO Group & Contract Faculty, Bissett School of Business

 Student Team:

Uyen Nguyen
Jared Salekin
Carmela Salvador

Student Understudies:

Simar Bedi
Adam Szafraniec
Congratulations to the students and their coach, Sean Bjorkland,  for their dedication and professional representation of  the Bissett School of Business.

Bissett School of Business, Associate Professor, Allan Dwyer comments on the future of Alberta’s Oilsands.

A recent article by Kyle Bakx,  CBC News Reporter,   discussed the future of the Oilsands beyond the year 2020, with Bissett School of Business, Associate Professor, Allan Dywer providing comment. Allan’s concern is that there has not been enough research and development to keep pace with the increasingly competitive oil market and that the opportunity to decrease production costs through technological advancements has been lost.

‘The report confirmed my main concern, which is long term, the oilsands are not viable’– Allan Dwyer, Mount Royal University

To read the article in its entirety, please follow this link:

Carlton Osakwe, Associate Professor at Bissett School of Business, is published in October issue of Journal of Futures Markets

Carlton Osakwe published a paper in the October issue of the Journal of Futures Markets  entitled: “Heston-Type Stochastic Volatility with a Markov Switching Regime”
His coauthors on this paper are Robert J. Elliott (University of Calgary) and Katsumasa Nishide (Yokohama National University)
“The Journal of Futures Markets chronicles the latest developments in financial futures and derivatives. Coverage ranges from the highly practical to theoretical topics that include futures, derivatives, risk management and control, financial engineering, new financial instruments, hedging strategies, analysis of trading systems, legal, accounting, and regulatory issues, and portfolio optimization written by leading finance academics and professionals.”

Former Bissett Student, Tasha Taylor appointed Assistant Chief of Staff to the Deputy Minister’s Office, Finance Canada

Bissett School of Business wishes to congratulate alumna, Tasha Taylor on her appointment to Assistant Chief of Staff for the Deputy Minister of  Finance Canada, in Ottawa.

Tasha graduated with a Bachelor of Business Administration – Finance/Financial Services from Mount Royal University in 2012. While in her final year at the Bissett School of Business, Tasha captained the Bissett CFA Institute Investment Research Challenge team, where she demonstrated excellence in research, writing, presentation skills and analytical work. Upon graduation Ms. Taylor continued her education at the University of Calgary, obtaining a Master’s of Public Policy, International Trade and Investment in 2014. Prior to this appointment, Tasha served as an Economist with Finance Canada in the Capitals Markets Division, Market Policy Section.

Congratulations Tasha!