Program Basics

• • HEC Montreal intensive MBA
  • HEC Montreal
  • 3000 ch. de la Cote Sainte Catherine
  • Qc
  • Montreal, H3T 2A7
  • Canada
  • Program Web site: http://www.hec.ca/en/programs_training/mba/index.html
  • Status: Public
  • Program e-mail address: mba@hec.ca
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)
    • Association of MBAs (AMBA)
    • EQUIS

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 167
  • Full-Time MBA: 77
  • Part-Time MBA: 36
  • Executive MBA: 40
  • PhD Program: 14
• • Other graduate degree programs:
    • Master of Accounting
    • Master of Electronic Commerce/Information Systems
    • Master of Finance
    • Master of Human Resources
    • Master of Technology
    • Master of Marketing
    • Master of International Management/Business

PROGRAM COSTS

• Total direct costs (tuition and required fees) of the entire MBA program:

  • Resident: $7,000.00
  • Nonresident: $30,240.00
  • Recommended annual budget (Resident): $27,200.00
  • Recommended annual budget (Nonresident): $52,000.00

PROGRAM LENGTH

• • Full-time program (months): 12

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Feb 1, 2012
• • Does the program have rolling admissions? Yes
  • Is proficiency in English required for admission? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test

• Relative Importance of Application Elements:

  • GMAT Score: Important
  • Resume/Work Experience: Important
  • Application Essays: Important
  • Interviews: Important
  • Recommendations: Important
  • Undergraduate Transcripts: Important

APPLICANTS

• • Applications (admitted and denied) to the newest class: 351
  • Applicants who were accepted to the most recent class: 30 %
  • Admitted applicants who enrolled in the newest class: 74 %
  • Applicants wait-listed during the last admissions cycle: 0
  • Applicant interviews are: By invitation only
  • Applicants (admitted and denied) who were interviewed: 35 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 48 %
  • Applications from women received: 27 %
  • Mean base salary forgone: $55,000.00
  • Median base salary forgone: $54,200.00

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 27 %
  • International: 48 %

• Students from following regions:

  • Africa: 5 %
  • Asia: 21 %
  • Europe: 11 %
  • North America: 53 %
  • Latin America and the Caribbean: 10 %
  • Oceania: 0 %
• • Mean months of work experience of newest entering class: 80
  • Median months of work experience of newest entering class: 72

• Middle 80% range of work experience of newest entering class in months:

  • From: 47
  • To: 132
• • Median age of entering class: 31
  • Mean age of entering class: 31

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Full-time MBAs who applied for financial aid for the current academic year: 87 %
  • Mean MBA financial aid package for the current academic year: $4,000.00
  • Median MBA financial aid package for the current academic year: $1,500.00
  • On what basis are scholarships awarded?
    • a combination of need and merit
    • academic merit
    • financial need
  • How does an applicant apply for scholarship consideration? all candidates are considered for scholarship
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $4,000.00
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? No

• GMAT score distribution (applicant pool):

  • 10th Percentile 460
  • 50th Percentile (median) 610
  • 75th Percentile 660
  • 25th Percentile 550
  • 90th Percentile 700
  • Average GMAT Score 594

• GMAT score distribution (incoming class):

  • 25th Percentile 600
  • 50th Percentile (median) 640
  • 75th Percentile 680
  • 10th Percentile 560
  • 90th Percentile 720
  • Average GMAT Score 638

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 34
  • Average number of students in a full-time MBA elective class: 20
  • Elective courses available to full-time MBA students: 112

• Concentrations and specializations offered to full-time MBA students:

  • • Finance
    • Entrepreneurship
    • General Management
    • Marketing
    • Supply Chain Management
    • Human Resource Management
    • Manufacturing and Technology Management
    • Operations Management
    • Economics
    • International Business
    • Portfolio Management
    • Insurance

• Joint-degree programs offered to full-time MBAs:

  • • MBA/JD (Law)
• • Does the school offer an accelerated full-time MBA program? No

• The school believes that its leading areas of study for full-time MBA students are:

  • • Finance
    • General Management
    • Marketing
    • Management Information Systems
    • International Business
    • Human Resource Management

FACULTY

• • Faculty employed by the B-school: 750

• Full-time faculty:

  • Tenured: 181
  • Non-Tenured: 102

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 467

• Women on Faculty:

  • Tenured: 48
  • Non-Tenured: 202

• Minority Faculty:

  • Tenured: N/A
  • Non-Tenured: N/A

• International Faculty:

  • Tenured: 61
  • Non-Tenured: 171

• Faculty with PhDs:

  • Tenured: 170
  • Non-Tenured: 83

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Finance

• Networking clubs available to full-time MBA students:

  • • International Club

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 45 %
  • Experiential Learning: 10 %
  • Lectures: 25 %
  • Simulations: 5 %
  • Team Projects: 15 %

• Requirements for graduation:

  • • Students are required to be fluent in more than one language by graduation
    • Students must complete a company-specific project and present results to relevant parties
    • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

• • Technology improvements in the last three academic years: Development and implementation of a new version of HEC Montreal's Learning, Management system base on Sakai, of Eduroam a secure worldwide Internet Access service for research and education coomunities. Deployment of WIFI access on the main Campus. Renovation and technology upgrade of our second Campus. Investment in IT management best parctice : IT Governance, Enterprise Architecture, Project Management and Information security policy. Anlaysis and planning of the ERP update and evolution.
  • Amount spent: $6,298,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 8,057
  • Active MBA alumni clubs: 4
  • Countries in which MBA clubs exist: 3
  • Living MBA alumni who gave in past year: 14 %
  • Mean gift from MBA alumni: $811.00
  • Median gift from MBA alumni: $100.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business School endowment: $41,285,000.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://www.diplomes.umontreal.ca/
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.hec.ca/en/alumni/reseau/index.html
  • Does the B-SCHOOL offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 67 %
  • Graduates not seeking employment: 6 %
  • Graduates for whom you have no information regarding employment: 27 %

• Annual job-searching trips that the school coordinates or participates in:

  • Destination: Toronto - Ontario
  • Month: May
  • Amount Paid By School: Partial (travel paid by students)

• Primary source of job offer:

  • School-facilitated activities: 41 %
  • Graduate-facilitated activities: 59 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 55 %
  • Received first job offer in three months following graduation: 19 %
  • Received first job offer more than 3 months after graduation: 26 %
  • Accepted first job offer by graduation: 50 %
  • Accepted first job offer in three months following graduation: 20 %
  • Accepted first job offer more than 3 months after graduation: 30 %

• Top recruiting organizations most recent academic year:

  • Bombardier 6
  • SNC Lavalin 4
  • G.E 3
  • Flight Network 2
  • RYMA Technology Solutions 2
  • TD Bank Financial Group 2
  • Bell Canada 1
  • CGI 1
  • CIBC 1
  • IBM Canada Ltd 1
  • Nakiska Inc. 1
  • Rio Tinto Alcan 1
  • SAP Canada 1
  • Scotia Bank 1
  • Pratt&Whitney Canada 1
• • Job-accepting graduates who received a signing bonus: 5 %

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $74,000.00
  • Median base salary: $69,000.00
  • Mean signing bonus: $7,500.00
  • Median signing bonus: $6,400.00
  • Mean other guaranteed compensation: $13,700.00
  • Median other guaranteed compensation: $5,900.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 19 %
  • Finance/Accounting: 21 %
  • General Management: 10 %
  • Marketing/Sales: 20 %
  • Management Information Systems: 9 %
  • Operations/Logistics: 11 %
  • Other: 10 %

• Graduating students who accepted jobs in the following industries:

  • Government: 6 %
  • Consulting: 9 %
  • Financial Services: 17 %
  • Manufacturing: 13 %
  • Petroleum/Energy: 6 %
  • Pharmaceutical/Biotechnology/Health Care: 6 %
  • Technology: 14 %
  • Other: 29 %

• Graduates who accepted full-time jobs in the following regions:

  • Asia: 3 %
  • Europe: 6 %
  • North America: 90 %
  • Latin America and the Caribbean: 1 %

• • -The Intensive MBA program at HEC Montreal is highly integrated. For example, a marketing course will not exclusively contain marketing content. Instead there is an emphasis of marketing concepts that are integrated with elements of finance, strategy, and operations. Similarly, the finance course emphasizes financial concepts while including elements of marketing, strategy and operations. This type of integrated learning mirrors a spiral studying approach. It reinforces the learned concepts throughout the MBA program.
    
    -The program is intensive and allows you to fully focus your efforts and time on school. After one year, you are ready to apply the knowledge you've acquired in new endeavors. Not only do you gain academically but you learn so much about yourself and in my opinion, are better prepared to find a career path that compliments your abilities and allows you to show case your capabilities. The MBA program was definitely worth all the sacrifices I had to make in the past year.
    
    -The school didn't meet my expectations, more precisely in terms of teaching staff quality and career services. I might recommend the school, but only on a case-to-case basis.
    
    -I believe that HEC Montreal is one of the "best kept secrets" in business education in North America. The intensive one-year program provides a thorough grounding in the key skills that managers need to succeed, as well as an immersive insight into the cultural dimensions of managing (nearly half of the cohort each year are foreign-born students). The program operates in English and French, and allows students to perfect their skills in both languages while not being disadvantaged while they learn. HEC's deep expertise in energy management was also a perfect way to prepare me for entry into that field. All of this education is offered at one of the most affordable MBA tuition rates in North America, making the degree an immensely positive cost/benefit trade off.
    
    -No business school is perfect. However, I think HEC Montreal gave me exactly what I wanted an expected from an MBA school. I think its size gives it flexibility and intimacy with students and professors that other schools cannot do.
    
    -I think HEC Montreal gives quality education at very affordable prices. Career services could do a better job at placing non-French candidates. Alumni network is not well organized to tap on resources and find jobs, etc. The major disadvantage we face is that many of the resources (other than the mandatory ones needed to do the course) are in French.
    
    -I am very glad to have had the opportunity to do my MBA at HEC Montreal. It has proven to be very useful and I am sure it will continue to be useful in the future. The internationality and the experience in the program make it quite interesting.
    
    -Too much focus on GMAT scores caused a low age average for my class and a lot of inexperienced people.
    -There is not enough focus on ethics, soft-skills or sustainable development (SD). These three aspects should be integrated in all the courses.
    -There should be a mechanism to deal with "free riders" when working in teams.