About the Schulich MBA

York University’s Schulich School of Business is known as Canada’s Global Business School. Schulich School of Business in Toronto is ranked among the world’s leading business schools by a number of global surveys. Global, innovative and diverse, Schulich offers business programs year-round at two Toronto campuses — its new state-of-the-art complex on York University’s main campus and its downtown Miles S. Nadal Management Centre located in the heart of the city’s financial district. The School also offers the Schulich MBA in India – one of the first MBA programs to be delivered in that country by a leading international business school from outside India. In addition, Schulich operates satellite centers in Beijing and Shanghai, China; Mumbai, India; Seoul, South Korea; and Moscow, Russia. 

The Full-time MBA Program 

Schulich’s MBA program is ranked #1 in the world by the Aspen Institute (a Washington, DC-based leadership think tank) in a global survey that identifies which schools are doing the best job of preparing future business leaders for the environmental, social, and ethical complexities of modern-day business. Schulich’s MBA program is ranked #1 in Canada by Forbes, The Economist, and Expansión (a Time Warner publication based in Mexico City). 

Schulich offers business degrees that lead to careers in the private, public and nonprofit sectors, and has more than 33,000 alumni working in approximately 90 countries. 

The Schulich full-time MBA is completed over four terms with an estimated tuition fee of $106,900 CAD. The living cost per term is $8,669 CAD. 

Schulich students get access to a full range of scholarships and awards which recognize excellence through academic achievement and extracurricular involvement in the School and/or the wider community. List of all available scholarships and awards is as follows –

  • Robert Krembil Scholarship of Merit
  • Seymour Schulich MBA Entrance Scholarship
  • The Goldberg Leadership Award of Excellence
  • Edward Sonshine Scholarship
  • Heather L. Main Scholarship (Women in Capital Markets)
  • Scotiabank Scholarship in International Business

Class Profile 

There are 270 students in the full-time MBA class. Their average age is 32 and their average length of employment is 5.5 years. The class is made up of 35% female students and 47% international students. They are also a very competitive group intellectually, with an average college GPA of 6.62 and a GMAT score of 636. The GMAT scores lie between 550 and 730. 

Course Curriculum Summary

Schulich full-time courses are offered on the Keele Campus, and first-year courses are also available full-time downtown. There is an emphasis on student involvement and participation in the classroom, and on practical managerial application. Many courses involve real-time, real-life, in-company projects of one sort or another.

There is no overall teaching format, as the organization, pedagogy, and style of classes are determined solely by the most effective way to teach a particular course. Many course instructors make extensive use of case studies, while others do not. Other approaches to delivering courses include in-class presentations, role-playing exercises, and visiting speakers and business leaders.

The normal full-time load is nine to 15 credit hours of courses per term (maximum course load is 18 credit hours per term). The program length requires a minimum of 16 months over four consecutive terms; an average of 20 months with summer off; or a maximum of 24 months over six terms. There is also an accelerated option where students can complete their studies in 12-18 months.

Strategy Field Study 

The Strategy Field Study, also known as the ‘601’ is the culmination of the Schulich MBA program. This eight-month project involves a team of six or seven top business students from diverse backgrounds conducting a comprehensive strategic assessment of all functional areas within an organization, as well as the external environment that a company faces. Each team gains the benefit of a Faculty Advisory Panel providing cross-functional oversight and guidance that combines academic expertise and real-world experience.

Advanced Standing (AS)

If you have received a BBA or BCom from a Canadian university (within ten years of graduation) and have 2 years of post-degree work experience, you may qualify for the Accelerated MBA. The Accelerated MBA reduces the total required MBA courses from 60.00 credit hours to 30.00 credit hours. This is the result of the awarding of advanced standing for all 5000-level core courses. The Accelerated option enables you to complete your MBA in as little as 8 months.

Placement Statistics 

The Schulich MBA program has an 89% employment rate within three months of graduation for the class of 2021. This is made possible with the help of its in-house Career development team that offers personalized mentoring and coaching and other resources.

The salary range for the class of 2021 is between $47,000 – $260,000, with an average salary of $97,725.

141 companies hired Schulich MB/IMBA batch 2021. The following are some of the top organizations that hired graduates of the Schulich MBA Program – CIBC, TD, KPMG, P&G, Mondelez, Amazon, YouTube, Deloitte, and IBM. 

Source: EmploymentReport2021

Notable Alumni 

Janice R. Fukakusa, Canadian businesswoman and executive, and currently serves as the chancellor of the Toronto Metropolitan University

Richard E. Waugh, Canadian banking executive, Deputy Chairman of Scotiabank, and an Officer of the Order of Canada.

Rajvinder Grewal, Canadian politician

Application Details 

Admission requirements – 

  • An undergraduate degree with a minimum average grade of B in the final 2-years of the degree. (Applicants with a 3-year degree need one year of work experience beyond the minimum requirement)
  • GMAT/GRE score: The average GMAT score is 670 for the class of 2019. The Schulich MBA program does not mention a minimum GMAT score for admission.
  • Minimum 2 years of full-time work experience.
  • Online application
    • Essays (2 written, one-timed written, two videos)
    • Resume
    • Two references
    • Transcripts of the undergraduate institution(unofficial)
    • GMAT /GRE score (unofficial)
  • English language proficiency: only required if English was not the official language of instruction.
    • IELTS (Academic Test): 7.0 overall score with 6.5 minimum on each dimension.
    • TOEFL (B710): 100 iBT(minimum 23 on each dimension)

Application Fees – CAD $150

Letter of recommendation – In your Schulich application, you will be asked to provide two MBA letters of recommendation – from your current or previous supervisors.

Application deadline – 


Schulich MBA essays 2021-2022 : 

Essay 1

How will the Schulich MBA degree help you achieve your short and long-term career goals? (350 words)

Additional Information Essay

Is there any other information or areas of concern in your academic or personal history that you believe would be helpful to the Admissions Committee in considering your application? (350 words)

Timed Response

After the short questions, you will be required to answer a 5min-timed question.

Tips from Schulich: In contrast to the written essays submitted with the application, this short essay question is written without time to deliberate. You will have up to 5 minutes to answer a question we provide in writing. This allows us see what you come up with on the spot. We will not expect a polished product, but will continue to look for interesting ideas, correct spelling and proper syntax.

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