Hi Maroliv,
I agree with you all points -- particularly about your concerns regarding Schulich.
With regards to Ivey, I couldn't agree more. Having worked as an IB analyst in Canada, Ivey and Rotman certainly dominate the IB associates placements, with Queen's and McGill (from my experience) rounding out the pack. Likewise, career switchers should definitely look to Rotman.
In my case, I'm looking to move from IB (where I covered tech) to a VC/PE shop. From my what I've heard from people in the industry, internships (in Canada that is) are relatively uncommon: they either like you and hire you, or they don't. Teams in Canada tend to be smaller than in the US, thus the effort required to train/recruit interns is difficult to justify.
This negated my need for a two-year program; though Rotman does just fine placing people in this industry.
That said, both Ivey and Queen's are the two best schools in terms of placement and alumni bases with PEs and VCs. However, Ivey's recruitment was a bit too early for me -- strange how 1-2 months can make all the difference timing-wise. The small bonus was that in terms of VC funds (which is my preference over PE), Queen's has slightly stronger placement opportunities -- given their Tricolor Venture Fund.
For those interested: The Tricolor Venture Fund is a MBA-run venture capital fund at Queen's managed by 5-7 students. The students make real investments in ventures, and are supervised by a advisory board consisting of several VC fund managers. Provides great networking opportunities, and hands-on learning experiences, for those breaking into the field.So in my case, Queen's just fit.
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Does anyone know about placement rates (in terms of actual # of positions filled) for management consulting? Particularly the Big-3 (Bain, McKinsey, BCG)? I think each school touts its superiority in someway, but at the MBA-employment figures by sector are too convoluted to make an accurate call... Anybody have some
hard data?
maroliv12 wrote:
I'll throw my 2 cents in here....I only applied to one program in canada, and that was Ivey. I think in terms of recruitment and employer perception, it stands clear of the other three schools for my purposes. In terms of education, I think Rotman, Queens, and Ivey are all similar quality. If you're looking for finance, I'd say Rotman is a better school for that. I think Queens might be a better 'program', but Rotman is pretty good for finance recruitment. Ivey usually places best into finance and consulting (out of the 18 people taken in September for IB associates out of 5 schools, Ivey took 6 and it has 40% less people in the class than Rotman), but Rotman is next. For your purposes, if you're completely switching careers, I'd say Rotman.
Also, I wouldn't even consider applying to Schulich. Go visit the class and speak to some MBA's and you'll see why. Let's say they have a 'diverse' spread of abilities....from very minimal to very good.