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Bachelor of Commerce (Digital Marketing) - Postsecondary ...

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University (7%), and Western University (6%). Part‐time enrollment <strong>of</strong> college graduates is highest at<br />

Ryerson (34%) and York (11%) Universities. 5<br />

Interestingly, 19% <strong>of</strong> those who graduated from a college in Business Administration (3‐year), 21% in<br />

Business Administration‐ Accounting (3‐year), and 15% in Business Administration ‐ Human Resources<br />

(3‐year) enrolled in university within six months <strong>of</strong> graduation (2006‐2007). 6 Looking at the data from<br />

another point <strong>of</strong> view but with similar results, 20% <strong>of</strong> students in the program area <strong>of</strong><br />

<strong>Commerce</strong>/Business/Administration in university were college graduates, the highest proportion <strong>of</strong> any<br />

program in university. 7<br />

The Demand Side <strong>of</strong> the Equation: Labour Market Trends in Southwestern Ontario<br />

According to the landmark 2009 report Ontario in the Creative Age, Ontario’s capacity to compete and<br />

prosper in a period <strong>of</strong> global economic transformation will depend on its ability to harness the creative<br />

talents <strong>of</strong> its people, and enable innovation and economic growth in the businesses and industries <strong>of</strong> the<br />

future. The report describes the shift from a routine‐oriented economy that relies on physical skills and<br />

repetitive tasks, to a creativity‐oriented economy that values creativity, analytical and social intelligence<br />

skills. The shift is evident in the trend away from goods‐producing to service industries – with nearly<br />

80% <strong>of</strong> the Ontario workforce now employed in service occupations in financial institutions, retail, law<br />

firms, schools, and hospitals – and in the emergence <strong>of</strong> an urban mega‐region stretching from Windsor<br />

to Ottawa.<br />

In the centre <strong>of</strong> this urban mega‐region, London is a mid‐sized city situated midway between Detroit and<br />

Toronto. As Canada’s tenth largest market area, London also serves as a regional hub for urban and rural<br />

surrounding communities in Southwestern Ontario. With a population <strong>of</strong> over 464,000, the London CMA<br />

represents about one‐third <strong>of</strong> the total population <strong>of</strong> Southwestern Ontario.<br />

Although manufacturing continues to be the dominant sector in the regional economy, the region has<br />

experienced a long‐term shift away from manufacturing to a service‐based economy, in the face <strong>of</strong> a<br />

reduction in export competitiveness caused by the rising Canadian dollar, intensified competition from<br />

Asian imports, the downturn in the US economy, and overdependence on the auto sector. More<br />

recently, the city is slowly recovering from the devastating shock <strong>of</strong> the 2009 global recession, which<br />

saw a 15.2% decline in manufacturing output and a 4.6% decline in construction output, with<br />

corresponding impacts on service sector industries such as transportation and warehousing (6.7%<br />

decline) and wholesale and retail trade (6.9% decline). 8<br />

5 Ibid., p.8.<br />

6 Ibid., p.9<br />

7 Ibid.<br />

8 Conference Board <strong>of</strong> Canada, 2011. Economic Insights into 27 Canadian Metropolitan Economies. Ottawa:<br />

Conference Board <strong>of</strong> Canada.<br />

LKSB Degree Program Feasibility Study • 2011<br />

8

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