Program Basics

• • Full-time MBA
  • The University of Western Ontario - Richard Ivey School of Business
  • 1151 Richmond St N
  • London, N6A 3K7
  • Canada
  • Program Web site: http://www.iveymba.ca
  • Status: Public
  • Program e-mail address: mba@ivey.ca
  • Graduate business school is accredited by:
    • EQUIS
    • European Foundation for Mgt. Development (EFMD)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 338
  • Full-Time MBA: 133
  • Executive MBA: 135
  • PhD Program: 70
• • Other graduate degree programs:
    • Master of International Management/Business

PROGRAM COSTS

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

  • Resident: $76,800.00
  • Nonresident: $92,550.00
  • Recommended annual budget (Resident): $99,540.00
  • Recommended annual budget (Nonresident): $115,290.00

PROGRAM LENGTH

• • Full-time program (months): 12

ADMISSIONS

• Application Deadlines

  • Semester: Spring 2012
  • Deadline: Aug 2, 2011
  • Semester: Spring 2012
  • Deadline: Oct 3, 2011
  • Semester: Spring 2012
  • Deadline: Nov 28, 2011
  • Semester: Spring 2012
  • Deadline: Jan 9, 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: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Very Important
  • Interviews: Very Important
  • Recommendations: Very Important
  • Undergraduate Transcripts: Very Important

APPLICANTS

• • Applicant interviews are: Required
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • Mean base salary forgone: $61,784.00
  • Median base salary forgone: $61,000.00

CLASS PROFILE

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

  • Female: 32 %
  • International: 30 %

• Students from following regions:

  • Africa: 2 %
  • Asia: 21 %
  • Europe: 2 %
  • North America: 71 %
  • Latin America and the Caribbean: 4 %
• • Mean months of work experience of newest entering class: 57
  • Median months of work experience of newest entering class: 55

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

  • From: 31
  • To: 90
• • Median age of entering class: 29
  • Mean age of entering class: 29

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: 47 %
  • Mean MBA financial aid package for the current academic year: $15,150.00
  • Median MBA financial aid package for the current academic year: $10,000.00
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $13,830.00
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

GMAT

• • Are applicants required to take the GMAT? Yes

• GMAT score distribution (incoming class):

  • Average GMAT Score 665
  • 10th Percentile 590
  • 50th Percentile (median) 670
  • 90th Percentile 750

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 75
  • Average number of students in a full-time MBA elective class: 40
  • Elective courses available to full-time MBA students: 40

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

  • New Media Marketing
  • Management Consulting
  • Private Equity
  • Sustainable Business Practices
  • Transcendent Leadership

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

  • • MBA/JD (Law)

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

  • • General Management
    • Entrepreneurship
    • Health Care Administration
    • Leadership
    • Strategy

FACULTY

• • Faculty employed by the B-school: 99

• Full-time faculty:

  • Tenured: 46
  • Non-Tenured: 53

• Women on Faculty:

  • Tenured: 10
  • Non-Tenured: 14

• International Faculty:

  • Tenured: 21
  • Non-Tenured: 31

• Faculty with PhDs:

  • Tenured: 46
  • Non-Tenured: 45

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Other
    • Finance
    • Marketing
    • High Tech
    • Information Technology
    • Manufacturing
    • Media & Entertainment
    • New Media

• Networking clubs available to full-time MBA students:

  • • International Club
    • Partners/Family
    • Women in MBA
    • Volunteer
    • Gay/Lesbian/Bisexual
    • Wine

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 75 %
  • Distance Learning: 0 %
  • Experiential Learning: 5 %
  • Lectures: 10 %
  • Simulations: 5 %
  • Team Projects: 5 %
  • Other: 0 %

• Requirements for graduation:

  • • Students must write a complete business plan
    • 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: Expanded capacity of our research compute server (24x). Improved our LMS to better aid students in finding courses and to help faculty manage their courses. Provide students with free Microsoft software. Added Adobe Connect to facilitate virtual meetings for students who are not geographically collocated. Added Microsoft Sharepoint in order to foster richer collaboration and communication across all Ivey faculty and staff.

B-SCHOOL ALUMNI

• • Living MBA alumni: 12,858
  • Active MBA alumni clubs: 43
  • Countries in which MBA clubs exist: 22
  • Living MBA alumni who gave in past year: 19 %
  • Mean gift from MBA alumni: $2,934.00
  • Median gift from MBA alumni: $125.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • 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.alumni.uwo.ca/
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.ivey.ca/alumniportal
  • 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: 83 %
  • Graduates not seeking employment: 12 %
  • Graduates for whom you have no information regarding employment: 5 %

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

  • Destination: Get Connected in Toronto
  • Month: June
  • Amount Paid By School: Full
  • Destination: Calgary Visit
  • Month: September
  • Amount Paid By School: Partial
  • Destination: New York Visit
  • Month: July
  • Amount Paid By School: Partial
  • Destination: Global Health Innovation Conference
  • Month: November
  • Amount Paid By School: Full
  • Destination: Networking Events
  • Month: Throughout Year
  • Amount Paid By School: Partial

• Primary source of job offer:

  • School-facilitated activities: 63 %
  • Graduate-facilitated activities: 32 %
  • No information provided by graduate: 5 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 48 %
  • Received first job offer in three months following graduation: 42 %
  • Did not report having received a job offer: 10 %
  • Accepted first job offer by graduation: 46 %
  • Accepted first job offer in three months following graduation: 37 %
  • Did not report having accepted a job offer: 6 %
• • Job-accepting graduates who received a signing bonus: 28 %

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

  • Mean base salary: $89,238.00
  • Median base salary: $87,000.00
  • Mean signing bonus: $10,668.00
  • Median signing bonus: $10,000.00
  • Mean other guaranteed compensation: $12,053.00
  • Median other guaranteed compensation: $7,500.00

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

  • Consulting: 32 %
  • Finance/Accounting: 20 %
  • General Management: 11 %
  • Human Resources: 2 %
  • Marketing/Sales: 22 %
  • Management Information Systems: 1 %
  • Operations/Logistics: 6 %
  • Other: 6 %

• Graduating students who accepted jobs in the following industries:

  • Government: 2 %
  • Consulting: 22 %
  • Consumer Products: 8 %
  • Financial Services: 37 %
  • Manufacturing: 2 %
  • Media/Entertainment: 3 %
  • Non-Profit: 1 %
  • Petroleum/Energy: 1 %
  • Pharmaceutical/Biotechnology/Health Care: 4 %
  • Real Estate: 1 %
  • Technology: 7 %
  • Other: 11 %

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

  • Africa: 1 %
  • Asia: 5 %
  • Europe: 0 %
  • North America: 94 %
  • Oceania: 0 %
  • Latin America and the Caribbean: 0 %

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

  • Northeast: 2 %
  • South: 1 %

• • -The Ivey brand and long term reputation in Canada is the strongest of any of the Canadian schools. Case method of learning develops stronger decision making and leadership skills. Ivey network is one of the best in the world. Good return on investment with the 12 month program. World class professors and excellent learning facilities.
    
    -Unless you have the initiative to design your own MBA, the offering at this school was pretty weak.
    
    -I would recommend this program to those who would thrive in a case-based learning environment, which is certainly not for everyone. I find this type of learning far more engaging than lecture based programs because it forces you to articulate and defend your position, which advances your decision making skills. Ivey offers its students high caliber professors and other students; both of which are important participants in each student's learning process. Ivey also offers a tremendous alumni network.
    
    -One needs to be very careful about going into a one year program. You need to be much clearer on what your goals are, you need to prepare for recruitment very quickly and you will not have the relationships that students who do internships have. Otherwise, doing it in one year is much better. I had friends in two year programs that just simply did not have enough to do. Better to make it intense and get out quicker to start earning!
    
    -The case study method is a great way to learn and was very helpful in applying business theory to real life. Cross enterprise leadership is a great way to integrate the different silos of business decisions.
    
    -It is challenging and enriching both personally and professionally. The combination of the program, the parent university and the town create an experience that surpasses those of other universities that I have known or been to.
    
    -It is very simple: for people like me, who are looking for a boost in their career and an open door to the business world with the top employers, Ivey delivers. I am an engineer. I knew i have the mental horsepower to compete in the high end fields of business, all i needed was a foot in the door. Ivey delivered both in education and most defiantly with alumni relations and recruiter contacts. Ivey gave the opportunities i wanted in North America for half the cost of US schools. By far best value for money!
    
    -If you are interested in going to a Canadian school I still feel that Ivey is the best. However, if you're looking internationally I would not consider it on par with the absolute top schools. The one year program makes financial sense, but I think that it has harmed the experience somewhat, especially without the summer internship and exchange.
    
    -Ivey is a superior school in many respects - particularly the caliber of the class and the professors and the overall learning experience. However career management, that is touted to be the best in Canada, falls short of expectations that were built before I joined Ivey. To be fair, career management does a great job in polishing the resume through a process that they have mastered long ago, however, in terms of helping in other aspects of the job search and keeping students in the loop of placement rates, it sadly falls sharply behind.
    
    -The Ivey program shows that less is more. I got in, and in only 12 months (11 months net) learned a huge deal about business, landed a job in a top tier consulting firm and all with minimal MBA expenses in comparison to other schools. School is very intimate and friendly and great emphasis was made on making us ready for interviews and recruiters. Thumbs up!
    
    -My MBA experience could have been better if the school has done a better job at marketing the program. Outside of Canada, Ivey is still not as well known as some American B-schools that are of lower quality and prestige.
    
    -The case based program at Ivey was a big part of my decision to attend. The lecture style used at most other schools is not as conducive to my learning style.
    
    -Ivey was a great choice. I felt that its Career Management group thoroughly prepared students to enter into their desired field - and this is met by the success at placement ratings. The administration allows the students independence to run their own events, and craft the type of MBA that they want.