About the McGill MBA

The Ivey Business School of the University of Western Ontario is situated in Ontario, Canada. According to The Economist Rankings 2021, Ivey is ranked first in student assessment of career services. The Ivey MBA is a hands-on learning experience designed to accelerate your achievement in business management. It is acknowledged at Ivey that doing your MBA and taking time away from working affects your income.

The 12-month Full-time MBA Program 

The Ivey MBA exposes you to the workings of the business world and prepares you to face challenges straight on. You improve your leadership skills through experiential learning.  Ivey calls these five capabilities “the Ivey Leadership Essentials”. They are the foundation of everything. The five interconnected Leadership Essentials provide you with not just the business principles you’d expect from an MBA program, but also the leadership talents needed to transform thoughts into choices, knowledge into action, and ideas into change.

The tuition fee for Ivey’s MBA program is CAD $123,500. The living expenses per year are estimated at CAD $20,000. 

Ivey offers many awards and fellowships for international students such as

  1. MBA Indigenous Entrance Scholarships
  2. Rise Awards in Resilient Leadership for Indigenous Students (MBA)
  3. Rise Awards in Resilient Leadership for Black Students (MBA)

Ivey’s Class Profile

There are 132  students in the full-time MBA class. Their average age is 28.5 years and their average length of employment is 5.5 years. The class is made up of 32% female students and 37% international students. The GMAT scores lie between 540 and 770. 

29 percent of the students had majored in business or commerce as undergraduates. 14% of those with degrees in arts and 25% in engineering. 

Course Curriculum Summary

Foundation

The core subjects of the Ivey MBA are intended to strengthen your business knowledge. The college spends the first six months building this foundation. The core subjects are as follows – 

  • Accounting and Control for Managers
  • Managing Operations
  • Communicating Effectively
  • Leading People and Organizations
  • Macroeconomics for Business Decisions
  • Developing and Executing Strategies
  • Leveraging Information Technology
  • Decision Making with Analytics
  • Marketing Products and Services
  • Managing Financial Resources

Specializations

Students can tailor the MBA program to their professional objectives. The curriculum allows you to hone your abilities and expand your knowledge in a variety of areas of specialization. The following are the five specializations available: 

  1. Finance
  2. Entrepreneurship
  3. Marketing
  4. Corporate Strategy and leadership
  5. International Management

Real-world projects 

The Ivey Field Project puts your knowledge to the test. The Ivey MBA emphasizes experiential learning. You can either start a new firm or assist an existing one in developing strategic solutions.

Capstone 

The Ivey MBA capstone curriculum integrates all you’ve studied and applies it to today’s real-world leadership issues. Explore answers to some of the big questions, like

  • Who leads best and how do they do it?
  • How are great leaders developed?
  • What are the major forces and trends that will affect business in the 21st century?

Case Method Learning

Students interact with real-world examples rather than lectures. It is an active learning experience in which students learn by doing. The Case Method Learning influences how you think for the rest of your life. There is no obvious path, mirroring the unpredictable nature of the commercial world, and we work with the facts we have (sometimes too much, often time not enough).

Ivey New Venture Project

The Ivey New Venture Project (INVP) is a team-based entrepreneurial Ivey Field Project (IFP) that guides students through the process of – 

  • Developing and refining a new venture idea.
  • Investigating and evaluating the opportunity
  • Creating a thorough and persuasive Business Model and Plan
  • Creating and delivering an “Investor Pitch” to an outside review group or possible investors

The INVP culminates with the submission of a written plan and a live ‘investor pitch’ to an external venture review panel with the assistance of Ivey Faculty and Entrepreneurs-in-Residence.

Student Life

At Ivey and Western University, you can join a variety of clubs and groups. Student-led organizations and associations are an excellent way to broaden your network, learn new skills, and share your interests outside of the classroom.

Ivey’s official industry clubs allow students to connect with others who share their passion for a particular area. Ivey also offers a variety of non-industry groups to students. If you can’t find the club you’re searching for, you can start your own.

List of student clubs –

  • Business of sports and entertainment
  • Consulting 
  • Culinary and spirits
  • Energy and resource
  • Finance
  • Health Sector
  • International business
  • Investing and economics
  • Ivey Pride
  • Operations 
  • Project Management
  • Real Estate
  • Sales and marketing
  • Sustainability
  • Technology
  • Women in Management

Placement Statistics 

The success of Ivey’s employment is largely due to its world-class Career Management department. Career Management assists MBA students through the recruiting and interview process, offers them tools and resources, and assists them in developing the skills necessary to thrive in their post-MBA career journey.

The class relied on business partner and alumni recruiting events, Career Management posts, and their talents built during the program. 34% of students acquired their prospects through their networking skills, while 59% took advantage of possibilities presented by the School. In the three years after graduation, 89% of the Ivey MBA Class of 2021 had at least one job transfer (change in industry, function, and/or region – nation).

Notable Alumni

Prem Watsa, Chief Executive Officer of Fairfax Financial

Nick Bontis, President of the Canadian Soccer Association

Mike Moffatt, Canadian economist

Admission Details 

Requirements/Eligibility

  • Unofficial transcripts from all post-secondary institutions.
  • GMAT score  (The GMAT requirement is waived for applications who have passed all 3 Levels of the CFA designation or, possess a CPA designation (CPA Canada), possess a P.Eng designation (P.Eng Canada), or those who have a valid and competitive LSAT or MCAT score.)
  • Resumé demonstrating a minimum of two years, full-time work experience.
  • TOEFL or IELTS score (if required for ESL applicants).**
  • Two professional references.
  • Online application including completion of two required written essay questions and two required video questions.
  • Application fee of $150 CAD.

Application deadline 

Essay Questions

  1. What are your short-term career plans immediately post-MBA, and why is an Ivey MBA essential to those plans? (250 word limit)
  2. Tell us about a challenge you have faced in your life, and what lessons you learned from it. (250 word limit)
  3. Video Essay – Click on the link below to be taken to your KIRA video essay space. You will have an opportunity to complete practice questions before recording live. You may complete this practice ahead of time before returning to KIRA to complete your live questions. You must submit your video essay in KIRA in order to be able to submit your completed application. (Two video questions of one minute each.)
  4. Reapplicant Essay – Please highlight any significant changes/developments since your previous application to Ivey. (250 word limit)

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