FULL-TIME MBA Profiles Publish Date 11/05/09

University of Western Ontario

Ivey School of Business

Getting In

Richard Ivey School of Business

1151 Richmond St N
London , Canada

Program Web site:

http://www.ivey.uwo.ca/mba/

Status:

Public Institution

Program e-mail address:

mba@ivey.ca

Graduate business school is accredited by:

EQUIS

SCHOOL BASICS

Graduate business school enrollment:

Total: 466
Full-Time MBA: 165
Executive MBA: 230
PhD Program: 71

Undergraduate business school enrollment:

862

Other graduate degree programs:

N/A

PROGRAM COSTS

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

Resident : $ 65,543
Nonresident : $ 75,619
Recommended annual budget (Resident): $ 19,685
Recommended annual budget (Nonresident): $ 19,685

PROGRAM LENGTH

Full-time program (months):

ADMISSIONS

Application Deadlines

N/A

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 Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

U Michigan Language Test

Relative Importance of Application Elements:

GMAT Score:

Important

Resume/Work Experience:

Important

Application Essays:

Important

Interviews:

Very Important

Recommendations:

Important

Undergraduate Transcripts:

Important

Applicant interviews are:

Required

Admitted applicants who were interviewed:

100 %

Mean base salary forgone:

$ 59,326

Median base salary forgone:

$ 50,619

CLASS PROFILE

Full-time students in newest entering class (2009-2010) that are:

Female: 30 %
International: 20 %

Students from following regions:

Africa : 0 %
Asia: 5 %
Eastern Europe and Central Asia: 8 %
Latin America and the Caribbean: 2 %
Middle East: 2 %
North America: 81 %
Oceania : 0 %
Western Europe: 1 %

Percentage of U.S. students in newest entering class that are:

N/A

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

N/A

Mean months of work experience of newest entering class:

Median months of work experience of newest entering class:

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

From: 25
To: 84

Median age of entering class:

Mean age of entering class:

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:

95 %

Full-time MBAs receiving financial aid in the current academic year:

44 %

Mean MBA financial aid package for the current academic year:

$ 10,594

Median MBA financial aid package for the current academic year:

$ 9,417

On what basis are scholarships awarded?

Financial need

Academic merit

A combination of need and merit

Some other criteria

Full-tuition scholarships school will award during the upcoming academic year:

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:

$ 10,830

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$ 51,794

GMAT

Are applicants required to take the GMAT?

Yes

GMAT scores:

Mean : 662
Median: 660

Middle 80% range GMAT scores:

From: 590
To: 730

Academics & Lifestyle

CLASS OFFERINGS

Average number of students in a full-time MBA core class:

Average number of students in a full-time MBA elective class:

Elective courses available to full-time MBA students:

Electives that have been added to the full-time program since June 30, 2009:

Global Strategy
Business Law
Business Simulation

Year of last major change or significant overhaul to the core curriculum:

2006

Concentrations and specializations offered to full-time MBA students:

Entrepreneurship

Other: Health Sector

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

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:

Entrepreneurship

Finance

General Management

Marketing

Strategy

FACULTY

Faculty employed by the B-school:

Full-time faculty:

Tenured: 50
Non-Tenured: 35

Adjunct/Visiting Faculty:

Tenured: 1

Women on Faculty:

Tenured: 9
Non-Tenured: 9

Minority Faculty:

N/A

International Faculty:

Tenured: 22
Non-Tenured: 15

Faculty with PhDs:

Tenured: 50
Non-Tenured: 24

STUDENT LIFE

Professional clubs available to full-time MBA students:

Biotech/Health care

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

High Tech

Marketing

Other

Networking clubs available to full-time MBA students:

International Club

Partners/Family

Volunteer

Wine

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used:

Case Study: 70 %
Distance Learning: 0 %
Experiential Learning: 5 %
Lectures: 10 %
Simulations: 5 %
Team Projects: 10 %
Other: 0 %

Requirements for graduation:

Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/letter grade average

Students must complete a company-specific project and present results to relevant parties

Other:

Additional graduation requirements:

average of 70% each module; no grade below 60%; minimum 9 electives

TECHNOLOGY

Technology improvements in the last three academic years:

N/A

Alumni Affairs & Careers

B-SCHOOL ALUMNI

Living MBA alumni:

12,261

Active MBA alumni clubs:

Countries in which MBA clubs exist:

Living MBA alumni who gave in past year:

12 %

Mean gift from MBA alumni:

$ 1,616

Median gift from MBA alumni:

$ 118

Did school receive an individual gift in excess of $10 million in the past academic year?

Business school endowment

$ 39,551,747

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.alumniconnections.com/uwo/

Does the B-School have an alumni networking Web site?

Yes

Business school alumni networking site:

http://www.ivey.uwo.ca/alumniportal

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 88 %
Graduates not seeking employment: 7 %
Graduates for whom you have no information regarding employment: 5 %

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

Destination: Industry Week in Canada
Month: November
Amount Paid By School: Full
Destination: Wall Street Visit
Month: August
Amount Paid By School: None
Destination: Networking Events
Month: throughout year
Amount Paid By School: None
Destination: Healthcare Networking
Month: November
Amount Paid By School: None
Destination: Orlando International Career Fair
Month: November
Amount Paid By School: None

Primary source of job offer:

School-facilitated activities: 57 %
Graduate-facilitated activities: 40 %
No information provided by graduate: 3 %

Job Offers for 2009 graduates:

Received first job offer by graduation: 47 %
Received first job offer in three months following graduation: 40 %
Did not report having received a job offer: 13 %
Accepted first job offer by graduation: 53 %
Accepted first job offer in three months following graduation: 40 %
Did not report having accepted a job offer: 7 %

Top recruiting organizations most recent academic year:

TD Bank
Deloitte
Sears
Booz & Company
IBM
RBC Bank
Rogers Communications
Labatt Breweries of Canada
Boston Consulting Group
CIBC Bank
Accenture
Johnson & Johnson
GMP Securities Ltd.
MaRS Discovery District
Export Development Canada

Job-accepting graduates who received a signing bonus:

24 %

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

Mean base salary: $ 82,023
Median base salary: $ 80,610
Mean signing bonus: $ 11,174
Median signing bonus: $ 9,417
Mean other guaranteed compensation: $ 26,201
Median other guaranteed compensation: $ 28,251

Graduating students who accepted jobs in the following functional areas:

Consulting: 37 %
Finance/Accounting: 15 %
General Management: 13 %
Human Resources: 1 %
Marketing/Sales: 20 %
Management Information Systems (MIS): 0 %
Operations/Logistics: 11 %
Other: 3 %

Graduating students who accepted jobs in the following industries:

Government: 2 %
Consulting: 22 %
Consumer Products: 8 %
Financial Services: 24 %
Manufacturing: 3 %
Media/Entertainment: 5 %
Non-Profit: 0 %
Petroleum/Energy: 4 %
Pharmaceutical/Biotechnology/Health Care: 7 %
Real Estate: 2 %
Technology: 8 %
Other: 15 %

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

Africa: 0 %
Asia: 5 %
Eastern and Central Europe and Central Asia: 0 %
Latin America and the Caribbean: 0 %
Middle East: 3 %
North America: 89 %
Oceana: 1 %
Western Europe: 2 %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 4 %
Mid-Atlantic: 0 %
South: 0 %
Southwest: 0 %
Midwest: 1 %
West: 0 %
Possessions and territories: 0 %
Canada: 95 %

Top recruiting organizations for internships, most recent academic year:

N/A

Weekly internship compensation:

Mean: N/A
Median: N/A

SCHOOL COMMENTS

School Comments:

N/A

Graduate Comments

Ivey provides a world class MBA program and experience, the best in Canada, which would definitely cause me to recommend it to anyone I know. -- Marketing

The unique case study and classroom discussions at Ivey are highly effective learning methods, empowering students to learn from each other, challenge each other and think critically about their own conclusions. I would undoubtedly recommend Ivey's MBA program to my friends and colleagues because of the high quality of education it provides. -- Consulting

As part of the international component, I studied in China, which was a fantastic experience. That along with other students' experience in Eastern Europe was a great learning experience and something that I'll carry with me as long as I go. -- Consulting

The best investment I've made to date. -- Consulting

I truly believe the Richard Ivey School of Business is the top MBA school in Canada and highly recommend it to anyone that wants to go through a rigorous and challenging MBA program. Through this program, I have obtained one of the most sought after positions and feel that I have the tool kit necessary to succeed in it. -- Investment Banking

Overall a fantastic program with top notch faculty. -- Information Technology

As an international student, I believe this MBA experience is most beneficial because it can open a window for me: not only has it provided me more career opportunities worldwide, but it has also made me realize what the international standards are, what are right things, and what are not. From now on I know how to improve myself, which is the most valuable thing I have ever learned. -- Finance

Ivey prepares students with the acumen, knowledge, and polish that is required for long-term success, in addition to the tools to land your first job post-MBA. -- Information Technology

Ivey has been undergoing a number of changes including the one year curriculum and the increasing the student recruiting standards that have made the MBA experience richer, although more complex to manage. The school needs to improve its efforts in improving career management, scheduling and administration. Moreover, Ivey needs to align its curriculum schedule so that it can build the skills students need for the job search instead of just accommodating the recruiting season around our calendars. After completing the full program, it becomes evident that the combination of quality, cross-functional content, and experience gained through the case method is invaluable. This however, should be delivered in a more structured way that reconciles learning with recruiting. -- Consulting

An MBA program is really what you make of it. Given you are someone who wants to take full advantage of extra-curricular activities, as long as the program affords you those opportunities, it is a valuable experience. I for one took advantage of everything Ivey had to offer. I believe that is why I probably had a more enriching experience than most, and also why I would (and have) quickly urged friends pursuing an MBA to attend Ivey as well. -- Consulting

The MBA program at the Richard Ivey School of Business far exceeded my expectations with respect to instructional content, idea sharing and networking with my classmates, and in the confidence that its case-based discussionary methodology enabled me to develop. Ivey's cross-functional approach for problem solving analysis demonstrated the degree to which decision making in one functional area can significantly affect the operations of an organization enterprise wide. I would recommend Ivey to anyone with any experiential background from anywhere in the world. It is second to none. -- Finance

We have a very strong alumni network; I am confident in bringing more people I know into this group. I have already recruited four studetns who have accepted their offers. I want the school to grow and increase its network even more. -- Consulting

The 12 month cross-enterprise program saves time and money if you are not a career switcher. However, it becomes a bit challenging if you want to change function without internship opportunity. -- Marketing

The experience with talking to potential employers was disheartening - many did not believe in the merits of a 1-year program. There was an expectation of cross-enterprise learning, however many courses had minimal integration from perspectives of other business functions. -- Marketing

I exceeded my expectations and the school gave enough exposure to real business cases. -- Consulting

Case method is a great way to learn. Faculty is excellent and really cares for you. Great colleagues - brightest from around the world. -- Consulting

For anyone looking to advance their career within the same industry there is no better MBA program in Canada. -- Finance

Ivey was one of the best experiences of my life. The ability to learn and interact with Canada's business elite was exceptional. The opportunity to learn from talented and intelligent classmates was second to none. Trips to China and Barcelona also provided me with excellent international coverage. -- Finance