Ivey MBA Review

Ivey MBA Introduction

The Ivey MBA program is designed to help students accelerate their career growth, supported by Canada's leading career management team and a vast alumni network. The program utilizes Ivey's renowned case study methodology, which replicates the challenges and complexities of real-world business situations through an interactive and dynamic approach.

As one of the top MBA colleges in Canada, Ivey is dedicated to preparing students for leadership roles across various industries. The program places a strong emphasis on case-based teaching strategies and experiential learning, providing students with hands-on experience and practical skills that are directly applicable to their future careers.

Ivey MBA Class Profile

The Ivey MBA class profile features very experienced students who learn by interacting and networking with other students, with an average student age of 29 years. Ivey has also observed many students who have made at least one professional change. Thus, Ivey's MBA is a fantastic location to help you realize your goals and take action towards them. From the class of 146 students, about 35% are female students. 65% are domestic students and 35% are international candidates with 27 spoken languages.

Ivey's MBA class profile brings together a diverse group of individuals from various sections and cultures of the world which leads to an amazing experience with various students and gives the students a great networking experience.

Ivey MBA Acceptance Rate

The Ivey MBA has an acceptance rate of roughly 8%. It is preferable to have at least 90% in your undergraduate degree and some excellent extracurricular experience. Because the admissions committee at Ivey Business School values holistic growth more, you must make your profile stand out in all disciplines. It depends on the cohort you are where Indian and Chinese cohorts have the lowest acceptance rate due to a high number of applicants.

Acceptance Rate= 8%

Program and Curriculum Ivey MBA

The first six months of the Ivey MBA Curriculum comprise basic management courses to ensure you have a firm foundation in the key areas. The next six months will be devoted to electives and application - as part of the elective cycle, participate in an optional study trip to China or South America. You can also volunteer to teach or provide business consultancy in China or Eastern Europe. 

Core Courses

Elective Courses

Clubs and Associations 

• Consulting Club: The Consulting Club provides resources and support for students interested in pursuing careers in consulting, including case interview workshops and networking events with consulting firms.
• Entrepreneurship Club: The Entrepreneurship Club supports students who are interested in starting their own businesses, and provides resources such as mentorship and funding opportunities.
• Finance Club: The Finance Club is dedicated to helping students explore careers in finance, and provides opportunities for students to network with professionals and learn about the latest trends in the industry.
• Health Industries Management Club: The Health Industries Management Club is focused on the healthcare industry, and provides resources and networking opportunities for students interested in pursuing careers in healthcare.
• Ivey Asia Club: The Ivey Asia Club is focused on promoting understanding of the Asian business environment, and provides opportunities for students to connect with professionals and learn about business practices in Asia.
• Ivey Marketing Club: The Ivey Marketing Club is dedicated to promoting understanding of the marketing industry, and provides opportunities for students to network with professionals and learn about the latest marketing trends.
• Ivey Women in Management Club: The Ivey Women in Management Club is dedicated to promoting gender equality in the workplace, and provides resources and support for women pursuing careers in business.
• Private Equity & Venture Capital Club: The Private Equity & Venture Capital Club is focused on providing students with a deep understanding of the private equity and venture capital industry, and provides networking opportunities and access to industry professionals.
• Social Impact Club: The Social Impact Club is focused on promoting social responsibility and sustainability in business, and provides resources and opportunities for students to engage in social impact initiatives.
• Sports and Entertainment Management Club: The Sports and Entertainment Management Club is focused on the sports and entertainment industry, and provides resources and networking opportunities for students interested in pursuing careers in this field.

Extra Activities 

• Ivey Entrepreneurship Bootcamp: The Ivey Entrepreneurship Bootcamp is a three-day intensive program that helps students develop the skills they need to start and run their own businesses.
• Ivey Global Lab: The Ivey Global Lab is a unique opportunity for students to work on real-world business challenges in an international setting, providing hands-on experience in global business.
• Ivey Impact Day: Ivey Impact Day is an annual event where students, faculty, and alumni come together to volunteer in the local community and make a positive impact.
• Case Competitions: Ivey students have the opportunity to participate in case competitions, both locally and internationally, to apply their knowledge and skills in a competitive setting.
• Guest Speakers: Throughout the year, Ivey students have the opportunity to hear from and engage with a variety of guest speakers, including business leaders, entrepreneurs, and industry experts.
• Ivey Connects: Ivey Connects is a mentorship program that connects students with Ivey alumni for guidance and support throughout their MBA journey and beyond.
• Student Clubs and Associations: In addition to the clubs and associations mentioned earlier, Ivey MBA students can also get involved in a variety of other student-led clubs and associations focused on a range of interests and industries.
• Industry Treks: Ivey MBA students have the opportunity to participate in industry treks, where they can visit companies and organizations in different industries and learn from professionals in the field.

Scholarships 

Ivey Business School offers MBA scholarships for Indian students. Some of these scholarships include:

• RBC Future Launch Scholarship for Indian Women: This scholarship is available to Indian women who are pursuing an MBA at Ivey. The award is valued at $20,000 CAD.
• Berytech Scholarship for Indian Students: This scholarship is available to Indian students who have a strong interest in entrepreneurship and innovation. The award is valued at $10,000 CAD.
• Indian Alumni Scholarship: This scholarship is available to Indian students who have been admitted to the Ivey MBA program and have demonstrated academic excellence and leadership potential. The award is valued at $10,000 CAD.
• Rajiv and Jayshree Misra Scholarship: This scholarship is available to Indian students who have demonstrated exceptional academic achievement and leadership potential. The award is valued at $20,000 CAD.
• Ashish Dhawan Scholarship for Indian Students: This scholarship is available to Indian students who have a demonstrated interest in social entrepreneurship and have shown a commitment to making a positive social or environmental impact. The award is valued at $10,000 CAD.

Eligibility and Requirements for Getting into Ivey MBA

What are the Eligibility Requirements?

Here is a list of the Ivey MBA Eligibility and Requirements: 

• A four-year undergraduate degree from a recognized university or equivalent institution.
• A minimum grade point average (GPA) of B+ (76% or equivalent) in the last two years of undergraduate study.
• Two to five years of work experience (recommended).
• Completion of the GMAT or GRE (no minimum score requirement).
• Proficiency in English demonstrated through an English language proficiency test such as IELTS or TOEFL, if English is not the applicant's first language.
• Two references, one professional and one academic, that speak to the candidate's potential for success in the program.
• A completed online application including essays, resume, and transcripts.

What Documents are needed for the Application?

• Official transcripts
• GMAT or GRE scores
• English language proficiency test
• Two references
• Resume
• Essays
• Application fee
• TOEFL or IELTS score
• Unofficial transcripts from all post-secondary institutions. One copy of official/certified transcripts will be required if a candidate receives an admissions offer.

Application Fee

As a part of the application, there is a direct Ivey MBA fees of CAD 150.

GPA 

Ivey MBA does not have a strict minimum GPA requirement for admission, and the school takes a holistic approach to evaluating candidates. However, a strong academic record is an important factor in the admissions process, and a GPA of 3.5 is generally considered competitive for admission to the program.

GMAT

There is no minimum GMAT score required for admission to the Ivey MBA GMAT program. However, the GMAT (or GRE) is a required component of the application and is considered alongside other factors such as academic performance, work experience, and extracurricular activities. The admissions team looks at the entire application package to evaluate candidates holistically, so there is no specific GMAT score that guarantees admission. However, a strong GMAT score can certainly help strengthen an applicant's profile and increase their chances of being admitted.

GRE 

Similar to the GMAT, there is no minimum GRE score required for admission to the Ivey MBA program. However, the GRE (or GMAT) is a required component of the application and is considered alongside other factors such as academic performance, work experience, and extracurricular activities. The admissions team evaluates candidates holistically, so there is no specific GRE score that guarantees admission. However, a strong GRE score can certainly help strengthen an applicant's profile and increase their chances of being admitted.

Avg work experience

The Ivey MBA program does not have a specific requirement for the average work experience of admitted students, you cannot apply for MBA without experience. However, most applicants have some level of work experience before starting the program.

In fact, the program is designed for candidates with some professional experience who are looking to advance their careers. The admissions team looks for candidates who have demonstrated leadership potential and a commitment to personal and professional growth. The average work experience of the incoming class can vary from year to year, but typically ranges from 2-8 years.

English language proficiency test scores

If English is not the applicant's first language, they will need to demonstrate proficiency in English by taking an English language proficiency test such as the IELTS or TOEFL. However, if the applicant has completed their undergraduate degree in a country where English is the primary language of instruction, they may be exempt from this requirement. It's always best to check with the Ivey MBA admissions team to confirm the specific requirements for your situation.

Ivey MBA Deadlines

The Ivey MBA deadline overseas applicants applying on a study visa is in Round 4. Students are advised to apply before the deadline ends. Details on the deadlines are given below:

Ivey MBA Admission Process

Online application: Applicants must complete the online application form and submit all required documents, including transcripts, test scores, references, resume, and essays.
Application review: The admissions team reviews each application holistically, considering factors such as academic performance, work experience, leadership potential, and diversity of experience.
Interview: Shortlisted candidates are invited for an interview, which may be conducted in person or online.
Admission decision: The admissions committee reviews all aspects of the application, including the interview, and makes an admission decision. Applicants are notified of their admission status via email.
Acceptance and enrollment: Accepted candidates must confirm their acceptance and pay a non-refundable deposit to secure their place in the program. They must also provide final transcripts and other documentation as required.

When do the admissions start?

Ivey welcomes two sections of students each March. Ivey's Preparatory Knowledge Program (optional, Pre-Ivey programming) starts at the beginning of March, with official classes beginning mid-March.

What are the steps to the application process? Does this involve an interview round?

Online application: Applicants must complete the online application form and submit all required documents, including transcripts, test scores, references, resume, and essays.
Application review: The admissions team reviews each application holistically, considering factors such as academic performance, work experience, leadership potential, and diversity of experience.
Interview: Shortlisted candidates are invited for an interview, which may be conducted in person or online.
Admission decision: The admissions committee reviews all aspects of the application, including the interview, and makes an admission decision. Applicants are notified of their admission status via email.
Acceptance and enrollment: Accepted candidates must confirm their acceptance and pay a non-refundable deposit to secure their place in the program. They must also provide final transcripts and other documentation as required.

When will I hear from the university after I submit my application?

You're probably eager to hear back from the Ivey after submitting your application. Well, hold onto your seats because the admissions team will be in touch with you faster than you can say "MBA"!

In all seriousness, the timeline for hearing back from the university can vary depending on the admissions cycle and the number of applications received. But fear not, if you meet the eligibility requirements and submit a complete application by the deadline, you can expect to receive a notification of your admission decision within four to eight weeks. Now, if you're really on top of your game and are shortlisted for an interview, you'll be notified within a few weeks of the application deadline.

Ivey MBA Employment And Placement

Ivey Business School offers one of the largest and most qualified Career Management (CM) departments. The career management team will equip you with the primary tools and resources you will need to navigate your career path successfully in the future. Although the type of post- Ivey MBA salary you will get is entirely dependent on your efforts and required skills, the integrated curriculum and faculty knowledge are unparalleled.

Employment Report

• 92% of Ivey MBA graduates secured employment within three months of graduation.
• The top three sectors that Ivey's MBA graduates entered were Consulting (32%), Finance (25%), and Technology (16%).
• The most popular industries for Ivey's MBA graduates were Consulting (29%), Financial Services (19%), and Technology (14%).
• The average base salary for Ivey's MBA graduates was 141,231 CAD, with a range of 50,000 CAD to 175,000 CAD.

Top Sectors Hiring Ivey MBA Graduates

Consulting, financial services, and technology are the most well-known industries that hire MBA graduates from Ivey Business School. Ivey has a high graduate employment rate and can get you the best jobs after MBA, with two out of every five graduates holding Director-level or higher roles in our Alumni organisations. Other industries that hire Ivey alumni are listed in order of the percentage of students accepted.

Ivey MBA Alumni Info

You'll also have access to one of the most distinguished alumni networks among MBA Colleges in Canada and the world as an Ivey MBA student. Ivey MBA Alumni are busy leading the business world, but they also keep close to the school as recruiters, guest lecturers, sponsors, and mentors.

Some Famous Alumni of Ivey MBA

• Prem Watsa – Chief Executive of Fairfax Financial
• Ray Sharma – co-founder and executive manager of Extreme Venture Partners,
• David I. “Dave” McKay  – President of Royal Bank of Canada

Application Essay for Ivey MBA

As part of the Ivey's mba application process, you are required to compose three essays. Make certain to adhere to the word restrictions when writing the essays. Focus on explaining your skills, limitations, and why you are a perfect fit for the program of MBA in Ivey in your Ivey MBA essays.

Essay 1
What career do you plan to pursue upon completing the MBA and why? How will the Ivey Business School help you achieve these goals? (250 words)

Essay 2
Describe why you believe you will be successful in the Ivey case study environment. (250 words)

Essay 3
If you could choose anyone (alive or deceased) to teach a course at Ivey, who would you choose and why? (250 words)

Letter of Recommendation for Ivey MBA

For your MBA Ivey application, you must compose two letters of recommendation. References from your current employer, who is aware of your strengths and weaknesses, are preferred. After submitting your online application, your references can be provided. It is your responsibility to make sure your references are completed and submitted within two weeks of when your application was submitted.

Interview Questions for Ivey MBA

The MBA interview at Ivey is super important when you want to join their program. They use it to see if you're a good fit. During the interview, they'll ask you different kinds of questions, like ones about how you act in certain situations, your work experiences, if you're good at leading, what you want to do in your career, and why you want to get an MBA. Here are two sets of Ivey MBA interview questions that you can go through if you want to get through the admission process: 
 

Set 1
Q: For 2-3 minutes, go over your CV with me.
Q: What exactly do you do in your present position?
Q: What are the advantages of earning an MBA Ivey? Why now, specifically Ivey?
Q: When was the last time you engaged in a contentious activity? What would you alter if you had the chance to do it all over again?
Q: You had a period of time when you were enraged. If you had the ability to go back in time, what would you change?
Q: What were the other schools to which you applied, and why did you submit an application?
Q: Have you applied to any other MBA Colleges?
Q: What do you believe you can add to the Ivey experience?
Q: Which Ivey clubs would you like to join?

Set 2
Q: There was a period when you had to cope with a particularly tough coworker. What steps did you take to cope with the situation?
Q: What are the three things that would keep you awake if you were the CEO of your company?
Q: Why did you make the list of organisations you’d like to work with after getting your MBA?
Q: What are your plans for getting a job with them?
Q: Why did you decide on the role/profile you wish to pursue after your MBA?
Q: How do you intend to get work in Canada after IVEY? What kind of research did you conduct?
Q: What are your main worries about migrating to Canada and attending IVEY Business School?
Q: Do you have any idea how your target company hires?
Q: Do you have a backup plan?

What Makes Ivey MBA Unique

Is Ivey MBA worth it? Yes, it is! The Ivey MBA program is special because it gives you a well-rounded education and connects you with lots of alumni worldwide. You'll learn by doing, and you'll have classmates from all sorts of backgrounds, so you'll learn a lot from each other.

Case-based learning: The Ivey MBA program uses a unique case-based learning approach, where students work through real-world business problems to develop their analytical and decision-making skills. This approach helps students develop a deep understanding of business concepts and prepare for real-world challenges.
Integrated curriculum: The Ivey MBA curriculum is integrated across all courses, meaning that students learn how different business functions interact and how to develop holistic business strategies. This approach helps students develop a broad understanding of business and prepares them for leadership roles.
Experiential learning opportunities: The Ivey MBA program offers a variety of experiential learning opportunities, including case competitions, consulting projects, and global study trips. These opportunities help students apply their classroom learning to real-world situations and develop practical skills.
Personalized career support: The Ivey Career Management team provides personalized support to students throughout their MBA journey, helping them identify their career goals and develop a strategy to achieve them. The team provides access to a vast network of alumni and employers to help students secure meaningful employment post-graduation.
Collaborative community: The Ivey MBA community is known for its collaborative and supportive culture. Students work closely with their peers and faculty to solve business problems and develop their skills, building lasting relationships that extend beyond the MBA program.

Conclusion

The Ivey MBA program offered by the esteemed Ivey Business School is an intensive one-year, full-time journey combining both core and elective coursework. At MIM Essay, we recognize it as one of the leading MBA programs from Canada, designed specifically to equip students with leadership skills pertinent across diverse industries. Known for its selective acceptance criteria, the Ivey MBA program stands out with its robust focus on enhancing students' communication, leadership, and critical thinking abilities. Its challenging academic standards, paired with a focus on experiential learning and leadership development, render the Ivey MBA program a standout choice for ambitious MBA aspirants.