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McMaster MBA Review

McMaster MBA

7 minutes

Table of Contents

    Key Takeaways

    Program Overview: The McMaster MBA is a flexible program that offers full-time, part-time, and co-op options to cater to the diverse needs of students. The curriculum covers core areas such as finance, marketing, operations, and strategic management, with opportunities for specialization in fields like Health Services Management, Finance, and Strategic Business Valuation.

    Class Profile: The McMaster MBA program attracts a diverse group of students from various academic and professional backgrounds. The class profile typically includes a balanced mix of domestic and international students, fostering a rich learning environment. Students benefit from the diverse perspectives and experiences of their peers, which enhances collaborative learning and networking opportunities.

    Tuition Fees: The tuition fee for the McMaster MBA program varies depending on the mode of study. For the full-time program, the annual tuition fee is approximately CAD 40,000. Part-time and co-op program fees differ and may include additional costs for materials and activities.

    Average Salary and Employment: Graduates of the McMaster MBA program enjoy strong employment prospects, with a significant percentage securing positions within six months of graduation. The average starting salary for graduates is around CAD 90,000, with many finding opportunities in top consulting firms, financial institutions, and multinational corporations. 

    Introduction

    The McMaster MBA program is designed to equip students with the skills and knowledge necessary to excel in today's dynamic business environment. This program blends theoretical learning with practical experience, ensuring that graduates are well-prepared for leadership roles in various industries.

    With a focus on innovation, collaboration, and global perspectives, the McMaster MBA offers a transformative experience that not only enhances professional competencies but also fosters personal growth. The program's comprehensive curriculum, diverse class profile, and strong employment outcomes make it an excellent choice for aspiring business leaders.

    Program length 20 Months
    Tuition Fees $111,300 
    Program deadline 08 November 2023
    07 February 2024
    17 May 2024
    Intakes 3 (Summer, Fall and Winter)
    Application fees $150 

    Class Profile of McMaster MBA

    mcmaster mba

    The McMaster MBA program class consists of students from all around the globe. Interacting and networking with these students will help you enhance your perspective and broaden the horizon of your career aspects. These students would have about four years of work experience in different fields. This will enrich the classroom experience with the presence of various mindsets.

    Please visit McMaster MBA program Student Profiles for detailed analysis of profiles of selected students. 

    Average GMAT NA
    Average GRE NA
    Average GPA NA
    Average work experience 5 years
    Average age 27 Years
    Pre-MBA industry
    MBA2025
    32% Business
    23% Science
    16% Engineering
    16% Social Sciences
    7% Other
    4% Health/Kinesiology
    2% Humanities
    Pre-MBA location
    MBA 2025
    NA
    Class size 46
    Women
    MBA 2025
    54%
    Country Represented
    MBA 2025
    6 Countries 

    For detailed analysis of Class profile, You can visit McMaster MBA Student Profiles

    Full time MBA overview 

    McMaster MBA Acceptance Rate

    The McMaster MBA program has an acceptance rate of around 40%. This means that out of every 100 people who apply, about 40 are accepted. The program looks at things like your grades, GMAT/GRE scores, work experience, and personal achievements when deciding who gets in. If you're thinking about applying, make sure your application is strong in all these areas to improve your chances of being accepted into the DeGroote School of Business.

    McMaster MBA Ranking

    The MBA program at McMaster University’s DeGroote School of Business is recognized for its high quality and robust curriculum, earning impressive rankings both nationally and internationally. Here are some highlights of its rankings and the factors contributing to its reputation:

    Rankings Position
    Best Global Universties inn canada 4
    FT Global MBA Rankings  88
     The Times Higher Education (THE) 2021 Impact Rankings. 14

    McMaster MBA Eligibility and Requirements

    mcmaster mba

    The McMaster University MBA program, offered by the DeGroote School of Business, is designed to attract a diverse group of ambitious individuals who are ready to take their careers to the next level. Here are the key eligibility criteria and application requirements for prospective students:

    • Bachelor's degree
    • Honours Bachelor’s degree
    • B average recommended
    • GPA assessment case-by-case
    • Supplemental academic materials
    • Résumé
    • Two references
    • Admissions interview
    • English proficiency 

    Program and Curricuclum of McMaster MBA

    The full-time MBA program includes 4 academic terms. The full-time MBA with co-op program comprises 4 academic terms and 3 work terms. During the first 2 academic terms, all students complete the mandatory core business courses. In the second year, students take 2 required courses and choose 8 electives.

    Students in the accelerated program are admitted straight into the second year. They complete the 2 required second-year courses and select 8 electives.

    Electives

    The McMaster University MBA program at the DeGroote School of Business offers a diverse array of elective courses, allowing students to tailor their education to their career goals and interests. These electives cover various business disciplines, providing in-depth knowledge and specialized skills to complement the core curriculum.

    • Accounting
    • Economics
    • Finance
    • Management Science and Operations
    • Marketing
    • Organizational Behaviour
    • Strategy and Entrepreneurship

    SGS Training Modules

    • Accessibility for Ontarians with Disability Act
    • Academic Research Integrity

    For detailed analysis of Curriculum, please refer McMaster MBA Course Curriculum

    Fees and Financing 

    Pursuing an MBA at McMaster University’s DeGroote School of Business is a significant investment in your future. Understanding the costs and available financing options is crucial for prospective students.

    McMaster University's DeGroote School of Business offers a variety of Financial Supprt for International Students to support and recognize exceptional MBA candidates. These scholarships are aimed at attracting top talent and fostering diversity within the MBA program. 

    Tuition fee for the class 2024/25 $111300
    Application Fees $150 

    Please refer McMaster MBA Finances for detailed analysis of McMaster MBA Fees. 

    Employment Upon Graduation

    mcmaster mba

    Upon completing their MBA at McMaster University's DeGroote School of Business, graduates enter a dynamic job market with a range of employment opportunities across industries and sectors. The program's comprehensive curriculum, experiential learning components, and networking opportunities prepare graduates for success in various roles and career paths.

    Please refer McMaster Career for detailed analysis of Scope of program

    Average salary $82,464
    Offer accepted upon three months of graduation 95%
    Offer received upon three months of graduation NA
    Reporting rate NA
    Average Signing Bonus  $8,782
    Post MBA industries
    MBA2022
    Financial Services 34%
    Consulting 17%
    Technology 11%
    Healthcare 11%
    Consumer Packaged Goods 6%
    Accounting 4%
    Manufacturing 4%
    Other* 13%

    Please visit Class of 2022 for detailed information of Employment report

    McMaster MBA Application: Essays & Interview

    Entering the realm of McMaster's MBA application process marks a pivotal chapter in your professional trajectory. This voyage, encompassing the art of crafting compelling essays and engaging in insightful interviews, is your ticket to immersing yourself in a dynamic community of future business trailblazers, innovators, and influencers. 

    Essays 

    Crafting compelling essays is a crucial aspect of the McMaster MBA application process, offering applicants a platform to showcase their unique experiences, perspectives, and aspirations.

    • Please list all other graduate schools of business to which you are applying for admission. This will not prejudice your chances of being selected for admission to McMaster. (Character limit – 4000)
    • Please list any professional qualifications, academic or other honors, significant achievements, extra-curricular activities, etc. (No word limit)
    • What are your reasons for choosing to do an MBA degree? Why have you selected the McMaster MBA Program? Your answer may be used as part of the evaluation of your application.
    • Did you experience adversity, challenges, or setbacks that may have led to discrepancies in your academics or professional work?
    • Please provide any other information you feel would be helpful to us in making a decision on your application. (No word limit)

    Interview Questions 

    The interview is a key component of the McMaster MBA application process, allowing the admissions committee to gain deeper insights into your experiences, goals, and fit for the program. You can refer McMaster MBA Interview Questions for detailed analysis of Interview. 

    The MBA that puts you first 

    • At DeGroote, they support students eager to make a global impact.
    • They seek to engage with engineering students who have innovative ideas but need the tools and network to market them.
    • They are interested in political science majors working in government who want to explore consulting.
    • They want to connect with science students who are interested in finance.
    • No matter your academic background, they believe every DeGroote MBA student has untapped potential.

    What Makes it Unique

    mcmaster mba

    Here are a few facts about McMaster University that makes it unique-

    • According to Wall Street Journal Business School Report and Times Higher Education, McMaster MBA is among the top 3 two year MBA programs.
    • An MBA is more than just a certificate. It’s about the possibilities you’ll have along the route and the lasting connections and networks you’ll form along the way.
    • McMaster values involvement and makes sure every student is a member of a larger professional community.
    • McMaster MBA also assists its students in getting a four-month summer internship.

    Useful Links

    Eligibility Application Requirements
    Program Deadlines Dates and Deadlines
    Costs and Finance Finances
    Alumni McMaster Alumni Community
    Contact +1 (905) 525-9140
    iss@mcmaster.ca

    Conclusion 

    McMaster MBA program is a highly reputable and rigorous program that offers students a comprehensive education in business management and stands tall among top MBA Colleges in Canada. With a focus on experiential learning and a strong emphasis on case-based analysis, students are well-prepared to succeed in the competitive business world upon graduation. 

    Know Your Author
    Photo of Abhyank
    Abhyank Srinet
    |
    Study Abroad Expert

    Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.


    Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

    His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

    Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.

    What support services are available for McMaster MBA students?

    McMaster University offers a range of support services to help MBA students succeed academically and personally. These may include career counseling, academic advising, networking events, mentorship programs, and access to various campus resources such as libraries, research centers, and student clubs and organizations.

    Are there opportunities for experiential learning and networking in the McMaster MBA program?

    Absolutely! The McMaster MBA program places a strong emphasis on experiential learning and provides numerous opportunities for students to apply their knowledge in real-world settings. Through case competitions, consulting projects, internships, and networking events, students can gain practical experience, build valuable connections, and enhance their professional skills.

    What is the duration of the McMaster MBA program?

    The McMaster MBA program typically takes two years to complete on a full-time basis. However, there may be options for accelerated or part-time study, depending on the specific needs and preferences of the student. It's best to check with the program administration for information on available study options.

    Can I apply for the McMaster MBA program if my undergraduate degree is not in a business-related field?

    The McMaster MBA program welcomes applicants from diverse academic backgrounds. While having a business-related undergraduate degree may provide some foundational knowledge, it is not a strict requirement. The program is designed to equip students with the necessary business acumen and skills regardless of their previous educational background.

    Can I pursue the McMaster MBA program on a part-time or flexible schedule?

     Yes, McMaster offers part-time and flexible study options for the MBA program. This allows students to balance their academic pursuits with work or other commitments. Part-time students can typically complete the program over a longer duration, while flexible study options may include evening or weekend classes. It's recommended to check with the program administration for specific details on available study schedules.

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