FULL-TIME MBA Profiles Publish Date 11/13/08

University of Western Ontario

Richard Ivey School of Business

Getting In

PROGRAM BASICS

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:

European Foundation for Mgt. Development (EFMD)

Years in which the following programs were founded:

Full-time MBA: 1948
Undergraduate business program: 1922
Executive MBA: 1991
Executive Education (non-degree): 1948
PhD program: 1961

PROGRAM COSTS

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

Resident : $ 59,288
Nonresident : $ 68,603
Recommended annual budget (Resident): $ 75,742
Recommended annual budget (Nonresident): $ 85,058

PROGRAM LENGTH

Full-time program (months):

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 486
Full-time MBA: 170
Executive MBA: 238

PhD program: 78

Undergraduate business school enrollment

740

Other graduate degree programs:

N/A

Application Deadlines

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

Other: N/A

Relative importance: Application Elements

GMAT Score:

Important

Resume/Work Experience:

Very Important

Application Essays:

Important

Interviews:

Very Important

Recommendations:

Important

Undergraduate Transcripts:

Important

APPLICANTS

Applicant interviews are:

Required

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

Mean base salary forgone:

$ 53,760

Median base salary forgone:

$ 52,236

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 26 %
International: 26 %

Ethnicity/US Students in Program

Students from following regions:

Africa : 1 %
Asia: 8 %
Eastern Europe and Central Asia: 10 %
Latin America and the Caribbean: 3 %
Middle East: 1 %
North America: 75 %
Oceania : 1 %
Western Europe: 1 %

Entering North American citizens by region:

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: 24
To: 108

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 applied for financial aid for the current academic year:

90 %

Full-time MBAs receiving financial aid through school:

50 %

Mean MBA financial aid package for the current academic year:

$ 10,000

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 scholarships awarded to full-time MBAs in the previous academic year:

$ 10,000

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:

$ 69,648

GMAT

Applicants required to take the GMAT?

Yes

Mean : 658
Median: 660

Middle 80% range GMAT scores:

From: 570
To: 730

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

Average 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, 2008:

Global Manager
Entrepreneurial Finance
Corporate Strategy
Investment Management
Advanced Corporate Finance

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

2006

Other: Health Sector

Does the school offer an accelerated full-time MBA program?

Yes

FACULTY

Faculty employed by the B-school:

Full-time faculty

Tenured: 51
Non-Tenured: 26

Adjunct/Visiting Faculty

Non-Tenured: 1

Women on Faculty

Tenured: 8
Non-Tenured: 4

Minority Faculty

International Faculty

Tenured: 21
Non-Tenured: 13

Faculty with PhDs

Tenured: 51
Non-Tenured: 25

STUDENT LIFE

Professional clubs available to full-time MBA students:

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Environmental

Finance

Marketing

Networking clubs available to full-time MBA students:

Partners/Family

Volunteer

Wine

Women in MBA

TEACHING/ACADEMICS

Teaching methods used

Case study: 70 %
Experiential Learning: 5 %
Lecture: 10 %
Simulations: 5 %
Team Project: 10 %

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:

avg 70% each module;no grade below 60%;min 9 electives

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

Integration to Windows Vista and Office 2007 completed. Full wireless upgrade completed with full reviews and additions to security and wireless network system. Installation of two high-tech classrooms and four classrooms with full video conferencing and recording capabilities. Installed 12 new flat panel displays for breakout rooms and digital signage. Upgraded classroom projectors and VCR/DVD players in most classrooms. Installed new Audio/Visual system. Purchased new video editing system.

Amount spent:

$ 5,500,000

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

12,065

Active MBA alumni clubs

Countries in which MBA clubs exist

Living MBA alumni who gave in past year:

16 %

Mean gift from MBA alumni:

$ 892

Median gift from MBA alumni

$ 131

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

Business School Endowment

$ 43,530,000

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 site:

Yes

Business school alumni networking site:

http://www.ivey.ca/alumni

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: 6 %
Graduates for whom you have no information regarding employment: 6 %

Percentage who were continuing their education (after graduation): 1 %
Percentage who were postponing their job search: 3 %
Percentage who were starting their own business(es) : 1 %
Percentage who were not seeking employment for other reasons: 1 %

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 - Calgary, HongKong, London(UK), Montreal
Month: throughout year
Amount Paid By School: None
Destination: Healthcare Networking Event
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: 62 %
Graduate-facilitated activities: 34 %
No information provided by graduate: 4 %

Job Offers for 2008 graduates:

Received first job offer by graduation: 63 %
Received first job offer in three months following graduation: 28 %
Did not report having received a job offer: 8 %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

	TD Financial		6
	International Bus. Machines		3
	Google Inc.		2
	General Motors		2
	Boston Consulting Group		2
	McKinsey & Company		2

	Deloitte Consulting		10
	Royal Bank of Canada		6
	Accenture		5
	Johnson & Johnson		3
	Scotiabank		3
	Bank of Montreal		3
	CIBC		2
	Home Depot		2

Job-accepting graduates who received a signing bonus:

41 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $ 78,441
Median base salary for most recent graduates: $ 74,001
Mean signing bonus for most recent graduates: $ 11,492
Median signing bonus for most recent graduates: $ 9,577
Mean other guaranteed compensation for most recent graduates: $ 19,153
Median other guaranteed compensation for most recent graduates: $ 10,665

Graduating students who accepted jobs in the following functional areas:

Consulting: 35 %
Finance/Accounting: 24 %
General Management: 8 %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 16 %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 7 %
Other: 10 %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 1 %
Consulting: 28 %
Consumer Products: 7 %
Financial Services: 30 %
Manufacturing: 4 %
Media/Entertainment: 1 %
Petroleum/Energy: 1 %
Pharmaceutical/Biotechnology/Health care Products: 7 %
Technology: 9 %
Other: 12 %

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

Asia: 5 %
Latin America and the Caribbean: 2 %
Middle East: 3 %
North America: 87 %
Western Europe: 3 %

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

Northeast: 3 %
Southwest: 2 %
Midwest: 2 %
Canada: 93 %

Top Companies - Internships:

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