Hi all,
I've applied for JD/MBAs, and outside of the T13 law schools, I don't see the point of moving out of Toronto and losing all my friends and connections. However, I am a bit perplexed about the Canadian MBA reputations, more specifically Rotmans.
When consulting MBA rankings like the Financial Times report, one can see that Canadian MBAs have significantly dropped in rankings since 2015. For instance, Rotman was previously ranked in the 40s during the early 2010s, to the 80s since 2015/16. The other top business schools like Ivey, Desautels, and Schulich have seen similar dwindling rankings spots.
Clearly, the problem is multifaceted and likely intertwined with the Canadian market. Some online sources I've consulted partially blame the drop on (1) the ranking methodology heavily emphasizing post-MBA increased wages reported in PPP, which inherently inflate the value of MBAs in developing countries; (2) a declining job market and currency value (the Canadian currency has plummeted since 2015); and (3) less valuable international students given the meteoric rise of some international schools – ergo, potential Chinese business students, for instance, would prefer to stay in China.
Nonetheless, I find it hard to believe that a 50 point drop is possible without some internal complications within Rotman. Perhaps (1) the class teaching styles changed; (2) the recent innovative features (e.g., Self-Development Lab) aren't as impressive as their predecessors; or (3) Rotman has severed ties with essential connections and/or donors.
I would greatly appreciate any insight on the Canadian MBA reputations and would love to hear about the experiences of any JD/MBA student browsing this forum.