Nunavut gets first business degree

Nunavut’s students will finally be able to get a Bachelor’s degree in Business Administration without moving south.

That means they will be able to become Chartered Accountants without leaving their own territory, possibly increasing the likelihood they will stay and work in the territory.

The four-year program will build on the existing two-year Management Studies diploma program. The school will partner with a Southern Canadian university on curriculum.

Nunavut Arctic College in Iqaluit received a $150,000 charitable donation from the Royal Bank of Canada to fund the new program over three years, starting with 15 to 20 students in 2012.