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15 Feb 2017, 15:23
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Although I only got accepted to Schulich at the moment, I am posting this now because I have to make a quick decision once I hear back from McGill and Rotman due to a fast approaching decision deadline of the offer from Schulich.
If I was going for finance, Rotman would be no brainer but since I am not, this is a little more tricky (I would like to continue my career in general management). I am also married with one child, so the cost of living factors in heavily for me.
Rotman
- Best brand name, especially in Toronto
- Downtown Toronto location, the business hub of Canada
- Large class size (about 400). Is this a good thing or a bad thing?
- Heavy focus on finance, which is not a good thing for me.
- High cost of living, especially for a family with young child (daycare cost in Toronto is through the roof!)
- I would most likely have to commute since the rent is too expensive in downtown. Expecting around 40 min commute each way (I will most likely end up in the far end of green line)
Schulich
- Located in Toronto, although it is a bit far away from the business district
- Good brand name in Toronto. However, I am worried about the disappearance from FT ranking.
- Large class size (about 500). Again, is this good or bad?
- More diversity in fields of placement than Rotman
- High cost of living just like Rotman
- Shorter commute and better quality housing as rent is slightly cheaper in nearby areas (I am staying away from Jane & Finch, however).
Desautels (McGill)
- Internationally recognized brand name. However, the brand has more to do with the school as a whole rather than its MBA program. Most people say "McGill MBA" rather than "Desautels MBA."
- Lower cost of tuition
- Much cheaper cost of living (daycare is capped at $7.50 / day)
- Much better quality housing than Toronto (I can get a good quality 3 bedroom for cheaper in Montreal than small 2 bedroom in Toronto)
- Small class size (about 70). Again, is this good or bad?
- Concerned about job placement as I do not speak French, which means getting a job in Montreal is nearly impossible. McGill places reasonably well in Toronto, but I'd imagine doing an MBA in Toronto would make it much easier to get a job there.
I think I will choose Rotman over Schulich if I get accepted there. Rotman vs. McGill is a tough choice for me... I am leaning towards McGill over Schulich (again if I get accepted).
Any inputs would be appreciated!
If I was going for finance, Rotman would be no brainer but since I am not, this is a little more tricky (I would like to continue my career in general management). I am also married with one child, so the cost of living factors in heavily for me.
Rotman
- Best brand name, especially in Toronto
- Downtown Toronto location, the business hub of Canada
- Large class size (about 400). Is this a good thing or a bad thing?
- Heavy focus on finance, which is not a good thing for me.
- High cost of living, especially for a family with young child (daycare cost in Toronto is through the roof!)
- I would most likely have to commute since the rent is too expensive in downtown. Expecting around 40 min commute each way (I will most likely end up in the far end of green line)
Schulich
- Located in Toronto, although it is a bit far away from the business district
- Good brand name in Toronto. However, I am worried about the disappearance from FT ranking.
- Large class size (about 500). Again, is this good or bad?
- More diversity in fields of placement than Rotman
- High cost of living just like Rotman
- Shorter commute and better quality housing as rent is slightly cheaper in nearby areas (I am staying away from Jane & Finch, however).
Desautels (McGill)
- Internationally recognized brand name. However, the brand has more to do with the school as a whole rather than its MBA program. Most people say "McGill MBA" rather than "Desautels MBA."
- Lower cost of tuition
- Much cheaper cost of living (daycare is capped at $7.50 / day)
- Much better quality housing than Toronto (I can get a good quality 3 bedroom for cheaper in Montreal than small 2 bedroom in Toronto)
- Small class size (about 70). Again, is this good or bad?
- Concerned about job placement as I do not speak French, which means getting a job in Montreal is nearly impossible. McGill places reasonably well in Toronto, but I'd imagine doing an MBA in Toronto would make it much easier to get a job there.
I think I will choose Rotman over Schulich if I get accepted there. Rotman vs. McGill is a tough choice for me... I am leaning towards McGill over Schulich (again if I get accepted).
Any inputs would be appreciated!
21 Feb 2017, 21:14
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Bookmarks
Rookie84
I had a similar dilemma with McGill vs. Rotman. I think you summed up the pros and cons very well, at least, they are very similar to the lists I made for myself.
Currently I am leaning towards McGill, even as someone who is in Finance, because of the smaller class size/community and they offered me really good funding. I didn't look at Schulich so I don't have much to add there, though it did seem that Ivey, Rotman, Queens and Mcgill are generally considered the top Canadian programs.
Are you Canadian? Do you know what kind of industries/employers you are interested in apart from just general management? In making my decision, I spoke to some employers about their recruiting and how they saw the different schools. McGill also connected me with some of their recent alumni (2/3 took jobs in Toronto) who were in the areas I was interested in, and their perspectives were very useful to me. McGill career services staff were also willing to talk to me before I joined, which was not the case at Rotman. This was what I liked most about McGill, the community seemed very strong (just walk around the MBA part of the business building and everyone, staff and students, knows each other and what they are all doing) and they were very interested in helping me. Rotman the community also seems strong (I visited as well), and alumni I met were quite happy with it, but it's definitely not as close-knit as McGill (there are advantages and disadvantages to this depending on what you are looking for).
I think this point is also well made by the Bloomberg BusinessWeek rankings... Rotman places higher because it does better on the "reputation" criteria (they ask recruiters to rank programs). Nevertheless, McGill does much better than Rotman on the alumni and current student rankings, which corresponds with my recruiting experience where McGill was more helpful and more personalized. The larger employers I talked to seemed to have a slight preference for Rotman (this was in Finance), but they all said they also actively recruited at McGill, and at the end of the day they are both good schools/it's going to be way more up to you what you do personally than any difference between those two schools.
If it's worth anything to you, Rotman also has the best b-school faculty in Canada probably (which they pay a fortune in salaries for, it's no wonder they need so many students). I'm not convinced the marginal benefit is that high for students though, given that the McGill faculty is by no means weak, and in my experience top class researchers don't necessarily make top class teachers... though they do enhance the reputation of the school to outsiders. One current McGill student I spoke to, who went to a very good American school for UG, said they were very happy with faculty/classes at McGill (Rotman students I met felt the same).
I hear that the speaking French part for Montreal really depends on what industry/function you are going for. Some industries you will be fine with English, or at least, they would like you to learn French as well, but they will hire you with just English no problem. Others you NEED to speak French (general management seems like it would fall more on the French side?).
On location, if you want to work in Toronto there is an undoubted benefit to living there. Nevertheless, the alumni I met thought that it is by no means an insurmountable challenge (obv they and their classmates surmounted it), and noted that McGill does have strong ties into particular Toronto circles. The school plans some trips to Toronto, and if you are proactive (which you should be regardless of your program/location), you shouldn't have too much trouble making connections in Toronto. Also, while I like Toronto a lot (I worked a summer there in UG), Montreal is a truly unique and great city - great food, great culture, great prices, lots of fun.
Sorry for the incredibly long and rambling answer, but it's been a tiring work day and I don't feel like editing myself
. Hopefully this is in anyway helpful to you.... 
