Ivey Business School is a constituent unit of the University of Western Ontario, located in London, Ontario, Canada. Ivey offers full-time undergraduate (HBA), MBA, MSc, MFE and PhD programs and also maintains two teaching facilities in Toronto and Hong Kong for its EMBA and Executive Education programs. It is credited with establishing the nation's first MBA and PhD program in Business. The business school was officially created in 1949, when Western University created a separate faculty as the School of Business Administration. In 1995, the school was renamed the Richard Ivey School of Business after an $11 million donation by the Richard M. Ivey family. The school is named after Richard G. Ivey (father of Richard M. Ivey). In 1998, Ivey was the first North American business school to open a campus in Hong Kong offering an Executive MBA program at the Cheng Yu Tung Management Institute. In 2010, Ivey became the first North American business school to offer the CEMS Global Alliance in Management Education, joining the likes of London School of Economics, HEC Paris, ESADE, University of St. Gallen, and Bocconi University. In 2013, the School abbreviated its name to "Ivey Business School" and updated its visual identity. The legal name of the Faculty of Business at Western University, however, remains Richard Ivey School of Business. On May 6, 2019, former IBM executive Sharon Hodgson became the Dean of Ivey. Programs The Ivey Business School offers a number of programs and degrees: Honors Business Administration The Ivey HBA (Honours Business Administration) was the first degree program in business at the University of Western Ontario. A class of six men were the program's first graduates in 1923. In 2010, the HBA program grew to 525 students with the final program size of 610 students in place since 2013. The HBA program is a second-entry, two-year program that enrolls students who have completed two years of undergraduate study (in any faculty at any recognized university). First year Ivey students, known as HBA1s, are typically in their third year of university. Previously, prospective students applied for admission to Ivey during their second year of university. In 1998, Ivey introduced the Advanced Entry Opportunity status (AEO), a conditional pre-admission status offered to secondary school students. Advanced Entry Opportunity (AEO) students may study in any faculty of interest at the University of Western Ontario for their first two years of university. The HBA1