Program Basics

• • MBA Full-time program
  • Desautels MBA Program - McGill University
  • 1001 Sherbrooke Street West
  • Montreal, Quebec, H3A 1G5
  • Canada
  • Program Web site: http://www.mcgill.ca/desautels/mba
  • Status: Public
  • Program e-mail address: mba.mgmt@mcgill.ca
  • Graduate business school is accredited by:
    • Other

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 435
  • Full-Time MBA: 145
  • Part-Time MBA: 45
  • Executive MBA: 80
  • PhD Program: 70
• • Other graduate degree programs:
    • Other
  • International Masters for Health Leadership; Masters in Manufacturing Management; International Masters in Practicing Management; Post MBA Certificate

PROGRAM COSTS

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

  • Resident: $71,500.00
  • Nonresident: $71,500.00
  • Recommended annual budget (Resident): $54,000.00
  • Recommended annual budget (Nonresident): $55,000.00

PROGRAM LENGTH

• • Full-time program (months): 20

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Mar 15, 2012
  • Semester: Fall 2012
  • Deadline: May 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
    • TOEFL Paper-based Test
• • Minimum paper-based TOEFL score required for MBAs: 600

• Relative Importance of Application Elements:

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

APPLICANTS

• • Applicants who were accepted to the most recent class: 32 %
  • Admitted applicants who enrolled in the newest class: 61 %
  • Applicant interviews are: Required
  • Applicants (admitted and denied) who were interviewed: 40 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 74 %
  • Applications from women received: 32 %
  • Mean base salary forgone: $47,500.00
  • Median base salary forgone: $50,000.00

CLASS PROFILE

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

  • Female: 30 %
  • International: 62 %

• Students from following regions:

  • Africa: 2 %
  • Asia: 32 %
  • Europe: 14 %
  • North America: 31 %
  • Latin America and the Caribbean: 5 %
  • Dual citizenship: 16 %

• Percentage of U.S. students in newest entering class who are from the following regions:

  • Northeast: 60 %
  • Mid-Atlantic: 20 %
  • Southwest: 20 %
• • Mean months of work experience of newest entering class: 55
  • Median months of work experience of newest entering class: 48

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

  • From: 24
  • To: 84
• • Median age of entering class: 27
  • Mean age of entering class: 28

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: 90 %
  • Full-time MBAs receiving financial aid in the current academic year: 90 %
  • Mean MBA financial aid package for the current academic year: $12,000.00
  • On what basis are scholarships awarded?
    • a combination of need and merit
    • some other criteria
    • 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: $12,000.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 100 %
  • 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 (incoming class):

  • 10th Percentile 620
  • 75th Percentile 700
  • 25th Percentile 630
  • 50th Percentile (median) 650
  • 90th Percentile 720
  • Average GMAT Score 661

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 35
  • Average number of students in a full-time MBA elective class: 25
  • Elective courses available to full-time MBA students: 75

• Electives that have been added to the full-time program since June 30, 2010:

  • Growing National Competitiveness - South Africa

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

  • • Finance
    • Marketing
    • Strategy
    • Technology

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

  • • MBA/JD (Law)
    • MBA/MD (Medicine)
• • Does the school offer an accelerated full-time MBA program? Yes

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

  • • Finance
    • Technology
    • Marketing
    • Strategy
    • International Business

FACULTY

• • Faculty employed by the B-school: 97

• Full-time faculty:

  • Tenured: 35
  • Non-Tenured: 62

• Adjunct/Visiting Faculty:

  • Tenured: N/A
  • Non-Tenured: N/A

• Women on Faculty:

  • Tenured: 10
  • Non-Tenured: 22

• Minority Faculty:

  • Tenured: N/A
  • Non-Tenured: N/A

• International Faculty:

  • Tenured: 24
  • Non-Tenured: 41

• Faculty with PhDs:

  • Tenured: 35
  • Non-Tenured: 47

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Other
    • Finance
    • Marketing
    • Nonprofit
    • Information Technology
    • Investment Banking

• Networking clubs available to full-time MBA students:

  • • International Club
    • Women in MBA
    • Other

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 25 %
  • Distance Learning: 5 %
  • Experiential Learning: 20 %
  • Lectures: 25 %
  • Simulations: 10 %
  • Team Projects: 15 %

• Requirements for graduation:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
    • Other
  • Students must complete either an internship, practicum or study abroad.

TECHNOLOGY

• • Technology improvements in the last three academic years: 8-new classrooms-touch controls, Smart Board monitors; 2-new labs (~100 computers); 1-teaching lab (36 monitors and CPU's; New student lounge with plasma screens, surround sound; Classrooms with direct link to the internet; Wireless clickers for in-class surveys and exercises; New video-conferencing classroom; New trading floor to be completed in 2012.
  • Amount spent: $1,500,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 8,350
  • Active MBA alumni clubs: 9
  • Countries in which MBA clubs exist: 9
  • Living MBA alumni who gave in past year: 15 %
  • Mean gift from MBA alumni: $1,625.00
  • 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: $42,000,000.00
  • 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.mcgill.ca/aoc
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.mcgill.ca/desautels/alumni
  • 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: 94 %
  • Graduates not seeking employment: 6 %
  • Graduates for whom you have no information regarding employment: 0 %

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

  • Destination: Toronto
  • Month: February
  • Amount Paid By School: Partial
  • Destination: New York City
  • Month: January
  • Amount Paid By School: None

• Primary source of job offer:

  • School-facilitated activities: 57 %
  • Graduate-facilitated activities: 43 %
  • No information provided by graduate: 0 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 60 %
  • Received first job offer in three months following graduation: 38 %
  • Did not report having received a job offer: 2 %
  • Accepted first job offer by graduation: 60 %
  • Accepted first job offer in three months following graduation: 38 %
  • Did not report having accepted a job offer: 2 %

• Top recruiting organizations most recent academic year:

  • TD Bank Financial Group 3
  • Deloitte Consulting 2
  • BMO Capital Markets 2
  • McKinsey & Company 1
  • Mercer Management Consulting 1
  • Bombardier 1
  • Pratt & Whitney 1
  • Aldo Group 1
  • GE 1
  • Imperial Oil 1
  • SNC Lavallin 1
  • Royal Bank of Canada 1
  • Capital One 1
  • CN Investment Division 1
  • Cleveland Clinic Abu Dhabi 1
• • Job-accepting graduates who received a signing bonus: 22 %

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

  • Mean base salary: $92,500.00
  • Mean signing bonus: $2,700.00
  • Mean other guaranteed compensation: $20,800.00

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

  • Consulting: 21 %
  • Finance/Accounting: 37 %
  • General Management: 12 %
  • Human Resources: 0 %
  • Marketing/Sales: 18 %
  • Management Information Systems: 4 %
  • Operations/Logistics: 6 %
  • Other: 2 %

• Graduating students who accepted jobs in the following industries:

  • Government: 0 %
  • Consulting: 13 %
  • Consumer Products: 10 %
  • Financial Services: 39 %
  • Manufacturing: 2 %
  • Media/Entertainment: 2 %
  • Non-Profit: 4 %
  • Petroleum/Energy: 2 %
  • Pharmaceutical/Biotechnology/Health Care: 6 %
  • Real Estate: 2 %
  • Technology: 12 %
  • Other: 8 %

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

  • Africa: 0 %
  • Asia: 8 %
  • Europe: 2 %
  • North America: 90 %
  • Oceania: 0 %
  • Latin America and the Caribbean: 0 %

• Within the U.S., graduates who accepted full-time jobs in the following regions:

  • West: 100 %

• Top recruiting organizations for internships, most recent academic year:

  • Scotia Bank 4
  • Pfizer 2
  • Bristol-Myers Squibb 2
  • McKinsey & Company 1
  • The Coca Cola Company 1
  • Barclays 1
  • Procter & Gamble 1
  • GE 1
  • CAE 1
  • Deutsche Bank 1
  • Bombardier Aerospace 1
  • Rio Tinto 1
  • Bell Canada 1
  • Clinton Health Access Initiative (Ethiopia) 1
  • Reckitt Benckiser 1
• • Internships awarded that are paid: 100 %

• Weekly internship compensation:

  • Mean: $1,250.00
• • Average internship length in weeks: 12

• • -The McGill MBA has an integrated vision. It is not just another MBA; it gives to the students a new way to analyze the world.
    
    -The new integrated MBA program at McGill provides a better business view for future managers. It allows students to understand the links between the different subject matters and how to fully assess a business model. In addition the diversity of the student body in terms of foreign students, education, and work experience allowed me to learn and understand from the knowledge of my MBA colleagues.
    
    -The Desautels MBA program has not only equipped me with vast management skills and business knowledge; it has also taught me invaluable life skills such as effective networking and teamwork. In addition, the program has provided me a truly enjoyable and unforgettable learning experience.
    
    -The tuition cost for the McGill MBA program has drastically increased as of this year. Therefore, it no longer represents the same financial return on investment as it did for me.
    
    -The city of Montreal, which is perceived a small town in many people's eyes, is actually a quite fascinating and exciting place. McGill University itself has very strong academic resources, which can be leveraged by MBA students as well. When comparing to other B-schools, McGill is kind of staying a little behind but has great potential, allowing it to surpass many B-schools that are ranking in front easily sometime in the future.
    
    -The program is good but I would make sure that anyone has realistic expectations about what the school can provide. Certain reorganizations of the program lead me to believe that in the future availability of classes and events might not be as interesting as during my degree.
    
    -The program itself was fantastic, but I am from Montreal originally, so I am not sure others would have the same great cultural experience as I did. Also, my MBA was at the Quebec Resident costs of about $5,000 total. As of 2010, the McGill MBA change to a privately funded model, and the tuition is now $60,000, so I am not sure I am able to suggest this when I didn't pay that amount.
    
    -I seized excellent opportunities to get involved that helped me develop the skills I wanted to develop in a B-school. However such a small program doesn't foster the creation of a diversity of events, in particular, the opportunity for many to graduate early (after 1.5 year) means that during the second semester of every year, the size of the program is reduced even further. That hinders the creation of events and reduces the possibility to offer a variety of courses. Relations with alumni aren't as strong as I had imagined and this doesn't help in a graduate's job search.
    
    -The quality of the students at McGill and their international background and experience made the MBA a very valuable opportunity. There are many, many opportunities for networking through McGill and building your leadership skills but you have to take the initiative to participate and push yourself to excel. The career center posted both my summer internship and my current job but I was very motivated to take advantage of the career centre's help, most people were not so proactive and did not find the career center very helpful.
    
    -The Desautels MBA program has provided not only high quality business education but also it has also given me the best overall learning experience of my life. Given a chance to do it again, I will no doubt choose Desautels again.