Hey Carl,
Ivey program management said this year that they have to increase the number of international students they take because it sits around 30%. Don't get me wrong, having too few is a problem too. I should actually reword what I said about guaranteed compensation. From what I understand based on the report here, they lump signing bonus in with year-end bonuses.
https://www.mcgill.ca/desautels/programs ... ment-statsWhereas other schools only used guaranteed compensation to report salaries. Given that discretionary bonuses are pretty significant, that's what I meant by the numbers being skewed. Not that it would appear to make much difference. Every decent MBA school is within 10k of each other.
Also regarding the fact that Schulich has a high amount of banking CEO's. I think that's good for the schools reputation and contributes to visibility. Let's leave Ivey aside for a minute and compare placings between the school that places best into finance, which lately is Rotman, versus Schulich.
https://www.schulich.yorku.ca/client/sch ... Survey.pdfvs
https://mbaschoolprofile.topmba.com/uplo ... Report.pdfIn every capital markets function, Rotman pretty much doubles the percentage placement that Schulich has. Now you may very well say that's because not as many students in Schulich are as interested in banking and I would actually agree with you. The same applies to Ivey, we had maybe 20% of the entire class who wanted capital markets vs probably 50% or more at Rotman. All the same, at the end of the day, Rotman places better into finance and is a finance school.
I personally went to Ivey instead of Rotman for finance as I felt I had enough of a finance background (consumer credit risk modelling for JPMChase) to make the capital markets jump and luckily it worked out. Ivey's finance placements have significantly declined though as it's switched to a 1 year program because half the finance jobs go to interns and you can't intern at Ivey. That said, if you're already in capital markets and want to move up, it's a great place to be. We had kids from hedge funds, s&t etc etc, and they all got placed very well.
Also would like to add that for someone like Carl, who wants to work in Montreal, Mcgill is a better choice as they place significantly better there.
CarlMtl wrote:
d55 wrote:
maroliv12 wrote:
Interesting perspective. I only ever applied to Ivey in Canada... and was told to only apply to Ivey by someone in the industry. I would've preferred that it were a two-year program but hey. On the street there's only Ivey and Rotman. Nothing else comes close for recruiting for finance and consulting. Rotman has definitely done some amazing things in the past few years and have done really well for themselves. Ivey is the most historic brand for MBA's but their one-year program has drawbacks for career-switchers. As such, the students that attend are mostly looking to return to the same industry. The amount of people I know who have attended Schulich and regretted it are immense. The school is an ESL-fest. Rotman is in danger of going down this path as well. In their recent attempt to match Ivey's incoming student stats, which used to be the highest by a considerable margin, they've started admitting a LOT of internationals who have killer GMAT's and GPA's but aren't quite nuanced in their communication ability yet.
I think it's sort of sad that you have to lie about other schools in order to build up your own.
I'm a Schulich MBA, and haven't regretted it at all. You self defeat your own argument when you say Schulich is an ESL fest, then go on about international students who can't communicate but have killer GMATS. Um, isn't the purpose of the GMAT verbal to test english and communication skills? I mean really! You can't get out of a high school without speaking english in Ontario, let alone a top MBA program. Another common hoax that people like you like to spread is that you will get robbed, raped, murdered, or disemboweled if you come within half a mile of York. That's all over forums like this so let me answer that one. 80,000 people come to York every day, and come home in one piece. I'm not going to put down
Ivey. I got in there and it's a good program, but Schulich was a better choice for me. At least I don't go around slandering other school now I'm out.
Boys! Boys! Calm the hell down. The point here is to bring different perspectives to the table, and that's exactly what we're accomplishing, let's just be a little more diplomatic about how we go about it. d55, could you tell us what you like most about Schulich's program? I know they rank very well in the Economist's rankings.
Maroliv12, what's the % of domestic vs international students at Ivey? How do you think that affects job placements? You also mentioned:
"I believe Mcgill includes guaranteed compensation into salary, which skews the numbers a bit...."What do you mean by that? What does guaranteed compensation mean?