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Toronto Rotman 2012 - Calling All Applicants

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gijoedude

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04 Apr 2012, 14:01

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deadlycat

Took the words right out of my mouth. As a proud engineering grad from U of T, it saddens me to have to write anything negative about my Alma Mater but it is what it is. The anecdotes that you brought up about job placement and Rotman students’ gloomy outlooks are the exact same from my experiences with Rotman’s students. I really hate to generalize from such a few examples but with MBA students being coached to say good thing about their programs to protect ranking and rep, it’s especially worrying that multiple Rotman alums are saying the same thing.

At 100k, Rotman’s tuition rivals schools such as Stanford and Harvard, however the neither the quality of education nor the employment potential justify that kind of costs. With low entry stats, high tuition and poor employment record, Rotman is a high risk and low reward investment. For those looking to study in Toronto, I would recommend Schulich, higher admission stats, lower tuition and better employment opportunities.

Hey I am an engineer too - Skule 0T9! Which branch were you in?

deadlycat

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04 Apr 2012, 14:09

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ECE 0T3

chundomoon

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15 Apr 2012, 16:10

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deadlycat

gijoedude

I scored a 700+ GMAT and received the Diaminds book too. Initially Rotman was my top choice but I ultimately not ended up applying for the following reasons:

1) I want to do investment banking. Even though Rotman is an excellent finance school with top-notch faculty, Toronto has only about 15-18 positions in investment banking every year. This is all the Big 5 banks and top boutiques put together. At Rotman typically half the class is interested in finance, so basically there are 120 people gunning for the 20 odd positions. Btw, your competition also includes folks from Ivey, Schulich, Queens and Canadians at top US MBAs who want to come back. Hence for my career goals, the problem wasn't Rotman, the problem was the Toronto job market. And plus Ontario's economy is pretty darn crappy and isn't poised to get better anytime soon.

2) A Rotman alum I met himself told me that CCC at Rotman isn't as the good as the career management at Ivey. He said that Ivey's career management is more involved. A student I talked to said that apparently only 60% of people found jobs in the summer of 2011. Another student I talked to said "try for Wharton/Columbia/Stern if you want to work in finance. Come to Rotman if you have no other choice". Again, this is primarily because of Toronto, not because of Rotman.

3) For those interested in consulting, Rotman (and Ivey for that matter) are not core schools for M/B/B. Each take 0-1/2 students from Rotman/Ivey every year.

4) Finally the price tag. I would have applied to Rotman if it cost $60,000. But I can't justify paying $85K for a Canadian MBA. It's just not worth it for me, a person who already went to UofT for undergrad. I personally was disappointed by my undergrad experience and didn't want to hand over to UofT that much money all over again. For international students it's $100k. For that kind of money one can go to a comparable school like UNC-KF, Georgetown, UT-Austin and get access to a much bigger job market. Of course US has its visa issues and all, that's something for you to decide.

5) I have been in Toronto for a decade now. I wanted to make a move to the US. Hence if I got a UofT degree, my life would be here. I can't see myself in Toronto in the long term. Hence didn't end up applying. For the international who are trying to migrate to Canada, Rotman obviously is a good choice, although Schulich might be cheaper.

Take my opinions for FWIW.

This is a bit negative and condescending post

I am not sure how many alums you talked to, I talked to two, both were people I trust because I worked with them in the past... neither were coached to say these things and are doing well in their careers. Not convinced with the rest of your post either unless you can provide more details (what's your standard for low entry stats? employment comment? etc.)

I didn't apply to Schulich because their campus is in the middle of nowhere and I didn't see myself commuting 45 min one way unless their program was MUCH better than the rest

Ivey is other school I seriously considered. However, their 1 year MBA is IMO really suitable for individuals who already have their career going in a certain direction, and just need a nudge (MBA from a reputable school) to go to the next step. For me it's a bigger change so that's why I didn't go with Ivey.

nikhilsrl

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26 Apr 2012, 06:33

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I have been accepted at Rotman after a skype interview on Apr 20th. No scholarship so I am still working on the finances. Accepting the offer will depend on whether I can find the funding apart from the loan provided by RBC.

wayahead123

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26 Apr 2012, 22:33

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nikhilsrl

Hi,

When did you apply ?

How much time did they take to get back to you after completing the formalities ?

Any clue on the no of seats increased at rotman this year ?

nikhilsrl

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27 Apr 2012, 08:19

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wayahead123

nikhilsrl

Hi,

When did you apply ?

How much time did they take to get back to you after completing the formalities ?

Any clue on the no of seats increased at rotman this year ?

I applied on Mar 28th after which it took some time for my references and TOEFL score to reach them. Post the interview it took them about a week to get back but I am not sure about the increase in seats stuff.

Agustin

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27 Apr 2012, 08:29

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What is the most useful for you, on a trouble analysis of only the results of

wayahead123

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01 May 2012, 17:23

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Hi,

Something really surprises me here !! No rejections ? i believe i just noticed one

Do you guys think that since rotman has increased the class size this year, it is going to affect the quality of placements - both internship and final.

I heard the capacity has been increased by 30% ( i could be wrong too )

Please give insights

DaMan12

Joined: 17 Apr 2012

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01 May 2012, 20:06

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I was already skeptical of Rotman's current internship/full time placement rates, I don't see how they'll stop the numbers from declining further.

I would love to hear how any 2012 students find the recruitment process once it begins. I image UofT will increase the amount of internship students they hire internally (such as the Impact Consulting Group) in order to inflate their numbers.

I really wish Ivey & Queens offered 2 year programs, right now Rotman has free reign and very little competition so they aren't forced to invest heavily in their career services program.

wayahead123

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01 May 2012, 22:41

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I am also a part of another forum - typical indian forum, i found the question floating around - why no one is getting rejected this year ?

I think someone who has seen the working of the school closely can give good insights, because the size of the batch will grow and in terms of capacity schullich and rotman will almost be the same.

Do you think the economy will be able to digest such an outflow ? because almost all international students come to canada MOSTLY because of friendly work permit rules, else in terms of quality of education i believe I would prefer not to spend 100k US $ for Rotman (personal opinion, people may agree/disagree), because with the same amount of money i might get into top 10 b-schools of US.

My intention to compare the fees is to help me understand whether it will be worth a job even once you spend 100k US$.

nikhilsrl

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02 May 2012, 03:37

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wayahead123

Hope one of the existing students or alumnii can pitch in with their opinions.

wayahead123

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02 May 2012, 04:01

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i am also very eager to have a concrete and authenticated opinion (not just an analysis), its big money for me as an indian, and if i come back to india with rotman, i am not gaining anything out of it because rotman is still a regional school (canada) and people do not give due weightage to it.

In that case, schullich has a campus in india with a full time director sitting at mumbai for their industry interaction, i am sure schullich could turn out to be a safer option (if i can not hear any concrete opinion)

I have heard that some 50 odd students are indians, any idea how many have paid money ? because i noticed in some past threads that those who have applied to two or more schools (one at reputed US and second at Canada - rotman) choose US one considering high tuition fees .. any idea ?

peco

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09 May 2012, 03:12

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These concerns are pretty serious and it will be great to have clarification on these areas. In addition, does anyone fully understand the loan options for international students?

ssmba

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18 May 2012, 08:27

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Hi All,

I got admission offer from Rotman yesterday. Had applied very late (May 3rd) ..interviewed on May 16th and got the offer on may 17th.
But as I did not get any scholarship, wont be joining Rotman.

nikhilsrl

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GMAT 1: 760 Q50 V42 Verified score

WE:Information Technology (Computer Software)

Schools: INSEAD '14 (D) LBS '14 (D) Tuck '14 (D) Rotman '15 (A) Judge (D) Queen's (M$)

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18 May 2012, 08:33

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ssmba

I have also decided not to join Rotman, due to financial reasons. So you planning to go to Schulich.

ssmba

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18 May 2012, 08:48

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nikhilsrl

ssmba

I have also decided not to join Rotman, due to financial reasons. So you planning to go to Schulich.

Yes I am joining Schulich in all probability. Have been waitlisted in Nanyang S'pore for long.
I have visited both the campuses of Schulich and Rotman. Both seem equally good or bad

Even the latest salary report suggests schulich is better (little ahead) or at par with rotman. So dont see much value in spending 84500$ for Rotman as compared to Schulich 56000$.

nikhilsrl

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Schools: INSEAD '14 (D) LBS '14 (D) Tuck '14 (D) Rotman '15 (A) Judge (D) Queen's (M$)

GMAT 1: 760 Q50 V42 Verified score

WE:Information Technology (Computer Software)

Schools: INSEAD '14 (D) LBS '14 (D) Tuck '14 (D) Rotman '15 (A) Judge (D) Queen's (M$)

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19 May 2012, 07:08

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ssmba

nikhilsrl

ssmba

I have also decided not to join Rotman, due to financial reasons. So you planning to go to Schulich.

Yes I am joining Schulich in all probability. Have been waitlisted in Nanyang S'pore for long.
I have visited both the campuses of Schulich and Rotman. Both seem equally good or bad

Even the latest salary report suggests schulich is better (little ahead) or at par with rotman. So dont see much value in spending 84500$ for Rotman as compared to Schulich 56000$.

All the best man

versatile

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20 May 2012, 22:27

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Hello,

I applied to rotman (completed application a few days ago because of pending document), was interviewed on 13th and rejected for the admission

my profile is
m,india
630 gmat
9 years of work ex

I have read previously that most of those interviewed get through, so i was optimistic, and even my interview was also very comfortable, i do not see interview a reason for my rejection. I asked the concerned before applying that is it worth to apply since i am on lower side of GMAT, the concerned suggeted that "yes" , you should apply.

I am not complaining, but i have a few questions if someone could help me with

1) could my rejection be because of my lower gmat or because i applied too late ?

2) Could it be because of my age - am 32 right now

3) Should i reapply with better GMAT score ( i heard that if rotman likes the candidate, the school also offers admission for the future batch - 2013 , not sure how true is this ) or once rejected I do not stand any chance because I am already at a semi higher level in terms of management cadre, and I do not expect a sea change in my work profile in a span of 6-8 months from now.

4) I believe every school talks about OVERALL profile, but my personal experience says "Its probably all about GMAT, may be because every school wants a higher rank and wants to touch an average of 700"

5) any one aware about the approach of rotman for reapplicants ? or is it waste of time considering my case has been rejected this year

thanks

versatile

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20 May 2012, 22:39

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ssmba

nikhilsrl

ssmba

I have also decided not to join Rotman, due to financial reasons. So you planning to go to Schulich.

Yes I am joining Schulich in all probability. Have been waitlisted in Nanyang S'pore for long.
I have visited both the campuses of Schulich and Rotman. Both seem equally good or bad

Even the latest salary report suggests schulich is better (little ahead) or at par with rotman. So dont see much value in spending 84500$ for Rotman as compared to Schulich 56000$.

Hello,

I have been researching about the programs of canada for some time now, i would share my research for the same. I have interacted with quiet a sizable no of students from schullich, rotman, mc.gill, HEC and UBC, Ivey ( none left

)

Almost everyone said schullich and rotman are at par, i also asked a few about the effect of increase in class size, quiet a few expressed uncertainity as to what will happen with the increased no of students at rotman. I take this in a stride that none was confident that this increase will not cause any problem.

I believe in terms of ROI, probaly schullich is better ( i missed their deadline for 2012

) , and almost all employers who visit rotman visit schullich as well, so it ultimately comes down to an individual ( chances of one to be employed by x firm are same even if he studies at rotman or schullich).

From Indian's perspective, schullich has a campus in india. I met the admissions director of schullich indian arm, i can see the hunger in schullich india to build a local network as well, so this might help to explore indian market with schullich degree.

i dont want to keep this post long, but if any one wants to know about the feedback on other school, please PM me.

thanks