Michael Lee-Chin& Family Institute for Strategic Business Studies
The Institute’s research, education and outreach activities provide future business professionals with the techniques and expertise to assess and understand businesses and their investment opportunities.
The Michael Lee-Chin & Family Institute for Strategic Business Studies is housed within the DeGroote School of Business at McMaster University. Formerly known as the AIC Institute for Strategic Business Studies, the Institute was renamed when AIC’s Canadian retail investment business was sold. Its mission is to advance the state of knowledge, technical skills and discipline for performing strategic business valuation for investment purposes. It also disseminates these advances to the academic and professional communities and to students.
The Michael Lee-Chin & Family Institute for Strategic Business Studies was made possible through the generosity of Michael Lee-Chin, a Jamaican-Canadian and former McMaster University graduate. Michael immigrated to Canada in 1970 and through the tenets of his value system — commitment, discipline, perseverance, passion and others — he rose to success and prominence and became one of Canada’s most successful entrepreneurs.
He founded AIC Limited, Canada’s largest privately owned mutual fund company. In addition to providing funds for construction of the Michael Lee-Chin & Family Wing at McMaster University’s DeGroote School of Business, the donation also created a Chair in Investment and Portfolio Management, two professorships and a student scholarship fund.
Under the leadership of the Director of the Institute, Dr. Ronald J. Balvers, the Michael Lee-Chin & Family Institute continues its focus on investigation into the creation of value in an enterprise. This mandate strives to provide business professionals with the techniques and expertise to understand, and assess more fully, business strategies and the tangible and intangible assets that contribute to their value.