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Business Students to Benefit from 
Generous BDO Accounting Scholarship

(September 14, 2010 – Thunder Bay, ON) Lakehead University’s Faculty of Business Administration is pleased to accept a substantial gift from BDO Canada.  The BDO Accounting and Community Service Scholarship is an endowment valued at $80,000.  Each year it will be awarded to a student with financial need who is enrolled in Lakehead’s Honours Bachelor of Commerce degree program.  The successful candidate must intend to pursue a Chartered Accountant designation, maintain an 80%+ average, demonstrate community involvement, and be a resident of Ontario.

Interest earned on the capital is used to pay out the award in perpetuity.  A student will receive $1,500 this year, with thanks to a top-up gift made by BDO. 

“Lakehead offers a strong and competitive business program, and it’s tremendously rewarding to see this reputation reflected in a gift of such magnitude from a respected and successful organization, both locally and nation wide,” says Dr. Brian Stevenson, President, Lakehead University.  Lee Gould, Vice-President (External Relations), notes the lasting impact Lakehead’s students, both current and former, have on the University and the broader community.  “Many employees of the local BDO firm are Lakehead alumni, so this particular gift speaks volumes to the quality of Lakehead’s business programming in providing sound career opportunities for our graduates.  It also speaks to the level of satisfaction employers have with our graduates in giving back to current students.”

BDO Canada is committed to creating scholarships for the most deserving and motivated accounting students, actively supporting and encouraging academic excellence, initiative, diligence, and leadership among Canada’s next generation of accounting leaders. The scholarship provides students with financial support, and rewards those who distinguish themselves through academic merit while demonstrating involvement both at school and in the community.

“Lakehead University has long been the primary recruiting source for the Thunder Bay office of BDO Canada.  Of our current staff complement, almost 40% of the staff are Lakehead alumni,” says Blair Smith, Office Managing Partner of BDO Canada LLP.  Smith adds that BDO Canada has enjoyed a great deal of success with Lakehead graduates and sees this scholarship as a way to help Lakehead continue to grow and attract the finest students.

“Our business students, faculty, and staff are grateful to BDO Canada for this gift.  It certainly demonstrates the firm’s desire to invest in deserving students and to motivate them to achieve ongoing excellence,” says Dr. Bahram Dadgostar, Dean, Faculty of Business Administration.  “Business programs are very competitive by nature, so providing this opportunity to students in need allows them to reserve their drive for academics rather than worrying about supporting themselves financially while simultaneously focusing on their studies.”


MEDIA: Dr. Bahram Dadgostar (Thunder Bay campus) is available for interview from 9:30 a.m. - 10:30 a.m. today.  Lee Gould (Orillia campus) is available from 1:30 p.m. - 2:00 p.m. today.  To arrange interview times, please contact Heather Scott, Communications Officer, at 807-343-8177 or To arrange interview with Blair Smith, please contact Carol Kelner at 807-625-4444.

About Lakehead
Lakehead is a comprehensive university with a reputation for innovative programs and cutting-edge research. With a main campus located in Thunder Bay, Ontario and a campus in Orillia, Ontario, Lakehead has over 7,700 students and 2,250 faculty and staff, and is home to the west campus of the Northern Ontario School of Medicine. In 2006, Research Infosource Inc. named Lakehead University Canada's Research University of the Year in the undergraduate category. For more information on Lakehead University, visit

Last updated September 15, 2010

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