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Advisory Board Terms of Reference

Board Membership

The Sprott Advisory Board is comprised of a broad cross section of members of the external community and should be diverse in terms of gender, culture, sectors and public and private ownership. Membership on the Board is in a volunteer capacity and expenses for work in this capacity are not paid for by the School. Total board membership should not exceed more than 15-20 representatives of the external community at large, and members are chosen by the Dean, in consultation with the School management team and key stakeholders. The powers of the board will be limited to PROVIDING ADVICE and recommending lines of action.

Length of Membership Term

Members of the Board will typically serve a two year renewable term of office and are invited to serve by the Dean of the School in consultation with members of the School and existing members of the Board. The Chair of the Board will be appointed in a similar manner and will also normally serve for two years, with the possibility for renewal.

Frequency of Meetings

The Board will meet at least three times per year, typically once in each of the fall (September to December), winter (January to April) and summer (May to August) terms during the academic year, or as needed and agreed upon by all members and other participating stakeholders.

The Sprott Advisory Board provides the Dean of the Sprott School of Business with advice and support in the following three core areas:


  • Advise on the overall strategy and direction of the School, particularly in terms of issues such as corporate research, corporate engagement in general and professional development education. This may also include advising with respect to: external image, identity and positioning of the School.
  • To consider recommendations and offer advice on a broad range of issues relevant to the Business School’s work, including research activities, program and curriculum development, academic standards and faculty development.
  • Help establish and develop the School’s position, where appropriate and practical, within areas of professional practice that board members have experience.
  • Other questions of strategy and direction that might arise.


  • To be champions of the School, building the Sprott brand locally, nationally and internationally by communicating key strategic messages, creating awareness for existing and new program initiatives, and showcasing both school and student achievements.
  • When requested by the Dean, to act as a spokesperson on behalf of the School, which could include being profiled on the School website and in other communication as an Advisory Board Member.


  • Advise on fundraising activities, including identifying opportunities most relevant to the focus areas of the School.

The powers of the Board will be limited to recommending lines of action based on strategic and operations information received from the School’s management team. The final decision on whether or not to act on the recommendations will rest with the Dean and the School.