Algoma University opens new business and economics school in downtown Brampton

The City of Brampton has announced yet another highlight for its Downtown Reimagined initiative, now underway. Algoma University will add a new School of Business and Economics to its Brampton campus that will begin enrolment this month. The new programming will give students the choice of two new four-year bachelor degrees: business or finance and economics.

Algoma’s home campus is located in Sault Ste. Marie, Ontario. Established in 1965 as an affiliate of Laurentian University, it became an independent degree-granting institution in 2008. Besides Brampton, the university also has a satellite location in Timmins.

The university’s presence in the heart of downtown Brampton began in 2010 with just under 40 students in a Bachelor of Business Administration program. The program targeted college graduates who were aiming to complete an undergraduate business degree to move forward in their professional careers. Enrolment grew to more than 100 students each year and the university’s expansion plans call for more than 500 students in downtown within the next three years.

“Algoma University is proud to launch the School of Business and Economics as the exciting next phase of development for our long-standing efforts to grow post-secondary access in Brampton,” said Asima Vezina, Algoma University president and vice-chancellor. “The new School of Business and Economics demonstrates our continued commitment to enhancing the quality of our programs while ensuring our students are well-prepared to support the needs of the Brampton business community. We are excited by the City of Brampton’s vision for the downtown core and look forward to working with the Ministry (of Education) and our partners in the post-secondary sector to collectively support the growing needs of the community.”

With the Ryerson University campus development already underway in the downtown core, new post-secondary options for students from Brampton and the GTA are rapidly growing.

“I’m excited to hear that Algoma University is expanding to include a new School of Business and Economics in downtown Brampton,” said Mayor Linda Jeffrey. “This new programming builds on our goal of offering more quality education in our city and creates more opportunities for Brampton students and businesses to excel.”

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