The University of Regina’s Paul J. Hill School of Business and Kenneth Levene Graduate School of Business are making a substantial economic and social impact on our communities. This is the key finding of an Economic and Social Impact Study conducted by Economic Development Regina on behalf of the two schools.
Some of the highlights from the study include:
· The two schools generated $211 million in economic activity, or $140 million in GDP to the provincial economy in 2018.
· 1 in 280 jobs in Regina depends directly or indirectly on the Hill and Levene Schools of Business. That adds up to 475 jobs in Regina and 868 jobs province-wide.
· 1,722 students spent $10.1 million in Regina in 2018.
· 83% of Hill graduates in 2017-18 already had employment in place. 74% started work in their relevant fields of study.
“We were eager to collaborate with Economic Development Regina to measure the impact of what we do here at the Hill and Levene Schools of Business,” said Dr. Gina Grandy, Dean of the Schools of Business. “The results reinforce what we intuitively know; not only do we educate our future leaders, but our activities also contribute to our local and provincial economies in a significant way as demonstrated in the report.”
Beyond the dollars and cents, the study also identified significant social contributions to our city, our region and our province. Our students, graduates and faculty members are involved in their communities and are active as leaders, volunteers and philanthropists in business, government and Indigenous organizations here in Saskatchewan and across the country:
· Since 2010, the Business Students’ Society has raised over $300,000 for Carmichael Outreach through the 5 Days for the Homeless initiative.
· From 2017 to 2019, students involved in our JDC West case competition teams raised nearly $75,000 for Hope’s Home and logged more than 10,000 volunteer hours.
Business graduates are shaping local business, industry and community. Alumni of the schools are leading global firms such as Hillberg & Berk, Ten Tree, Viterra and Stikeman Elliott. The National Chief of the Assembly of First Nations, Chief Perry Bellegarde, is a graduate.
“The Hill and Levene Schools have a far-reaching impact in shaping our region both economically and socially in a number of areas, including job growth, economic spending and revenue creation for all levels of government. Both schools are an essential part of the fabric of our thriving community,” said John Lee, President and CEO of Economic Development Regina.
