Brock University's Goodman School of Business is receiving top marks.
The School has become the third business school in North America to receive the Business School Impact System (BSIS) label.
The designation is in recognition of the School's local and global contributions.
Through indirect and induced contributions, the School's activities have had an economic impact around the $380 million mark.
Brock President Gervan Fearon says this shows the importance of forming relationships between universities and communities.
"Importantly, the report highlights that the impact of the Goodman School of Business goes far beyond its direct economic contribution to Niagara. Brock University is committed to enhancing the life and vitality of our local region and fostering a culture of diversity and the BSIS report highlights how Goodman is exemplifying both of these core University objectives."