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schulich school of business-MBA Review

Schulich School of Business MBA Review

The Schulich School of Business is indeed one of the world’s top business schools, with a global, innovative, and diverse student body. Schulich provides an unrivalled experience: successful and dedicated alumni.

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Schulich School of Business MBA Introduction

Accreditation

AACSB

International Students

55%

Women

40%

Alumni Network

31,000+

Salary

Average Salary

94,200CAD

duration

Course Duration

20 Months

fees

Course Fee

112,250CAD

Intake

Intake

2

Schulich provides a robust network of external stakeholders, and great and diverse students contribute to Schulich’s position as one of the world’s top business schools.

Global, innovative and diverse, the Schulich School of Business is rated among the world’s leading business schools. With cutting-edge specializations, groundbreaking programs and unique flexibility of programs, Schulich provides a curriculum that moulds and shapes leaders for the future who would encapsulate the spirit of globalisation and sustainable business practices.

Schulich MBA Class Profile

Average Age

32

GMAT

640

Nationalities

25

Average Work Ex

5 Years

Average GPA

6.4

Class Size

420

Schulich Canada takes a holistic approach during the application review process and all components of the application are thoroughly reviewed. Hence, it is imperative that students complement their profiles with a strong application that highlights their capabilities and strengths focusing on the aspect of how their addition to the program would benefit the cohort.

Schulich MBA Acceptance Rate

Applicants to business schools know that certain programmes are more selective than others, but how difficult is it to get into a top business school? The first and best place to start is to look at previous MBA admission rates: while not a real indicator of quality, a business school’s acceptance rate is the best measure of selectivity available.

Many programmes make their acceptance rates public as part of their annual incoming class profiles. The Schulich MBA school has an average acceptance rate of 25-30%.

Program and Curriculum

Specializing offered

The Schulich MBA combines classroom learning of fundamental and advanced management concepts with real-world experience and provides students with specialized knowledge and leadership skills they need to gain a competitive advantage. With their flexible program requirements, students can take up various specializations and take courses as per their own needs, requirements and unique career goals.

Core Course

  • Financial Accounting for Managers
  • Management Accounting
  • The Economic Environment of Business
  • Managerial Finance
  • Skills for Leadership
  • Marketing Management
  • Managing for Value Creation
  • Information systems
  • Quantitative Methods
  • Operations Management
  • Strategic Management
  • Strategy Field Study Formation
  • Organizational Behaviour

Electives

Specalizations and electives are offered in the following broad categories:

  • Accounting
  • Arts, Media & Entertainment Management
  • Business & Sustainability
  • Business Consulting
  • Entrepreneurial Studies
  • Finance
  • Financial Risk Management
  • Financial services
  • Global Mining Management
  • Global Retail Management
  • Health Industry Management
  • International Business
  • Operations Management & Information Systems
  • Marketing
  • Organization study
  • Real Estate & Infrastructure
  • Social Sector Management
  • Strategic Management

Extra-Curricular Activities

Students personalise and expand their Schulich experiences by taking advantage of a variety of networking, socialising, and personal development opportunities.

Scholarships 

  • Heather L. Main Scholarship (Women in Capital Markets)
  • Scotiabank Scholarship in International Business
  • Harry Steele Entrance Award
  • Lawrence Bloomberg Entrance Award
  • Mira & Bhabani Charan Pattanaik Award for Excellence in Finance
  • Allen T. Lambert Scholarship

Experiential Learning Opportunities

  • Strategy Field Study
  • International Field Stud

Internationalize Your MBA

Schulich’s community is diverse and ever-expanding. Seize the opportunity to work and study all over the world as part of your MBA programme.

  • Apply to participate in an exchange programme and gain experience working in a foreign culture.
  • Take a research excursion to South America for academic credit.
  • Tour local plants, farms, and factories to gain a fresh perspective on business.
  • Form long-lasting bonds with international friends, hosts, and colleagues.

Schulich Clubs

Schulich’s clubs give an excellent opportunity for you to explore your business interests and develop leadership abilities.

The diverse range of groups allows students to pursue a wide range of relevant, timely interests, from Canadian mining to investment banking to sustainable enterprise. These groups are a terrific way to meet students, mobilise activities in crucial business areas, and take the lead in putting on guest lectures, expert panels, and conferences.

In addition to the numerous student groups available at Schulich, York University offers over 250 clubs and organisations to join.

Eligibility and Requirements for getting into Schulich MBA

Eligibility

  • An undergraduate degree from a recognized post-secondary institution with a minimum B average in the last two full years (or equivalent) of academic work.
  • GMAT or GRE score
  • English Language Proficiency
  • Minimum two years of relevant post-degree, full-time work experience or life experience

Document Related to the Application

  • Unofficial copies of transcripts from all previously attended post-secondary institutions
  • Resume
  • Essays (2 written, 1 timed written, 2 videos)
  • GMAT or GRE score
  • 2 Letters of recommendation

For international candidates, the committee also assesses:

  • TOEFL
  • IELTS

Schulich MBA Deadline

Business schools usually have three or four application rounds or cycles, during which applicants can submit their applications. As a general rule, the first round is when institutions have the most openings, making it the time when admissions chances are best, and scholarship money is plentiful.

The very last round is not suggested for MBA applicants since there are so few spaces available at that point and not much merit scholarship money left; hence, the final application round tends to be a very challenging one.” International students must also consider visa timing, making the final round much less feasible for them.

For September 2022 Intake

   Rounds                     Deadline Dates
Round 1                          October 28, 2021
Round 2                          February 10, 2022
Round 3                          March 31, 2022
Round 4                          May 19, 2022

 

For January 2023 Intake

   Rounds                     Deadline Dates
Round 1                          June 1, 2022
Round 2                          July 13, 2022
Round 3                          September 7, 2022
Round 4                          October 26, 2022

 

Schulich MBA Employment

Students of the Schulich MBA Program get access to their Career Development Centre (CDC). As Schulich’s in-house team of certified Career Coaches and Industry Advisors, the CDC offers a wealth of innovative resources, individualized mentoring and coaching to help advance students’ careers. Students can meet alumni, recruiters and industry leaders at corporate information sessions and other CDC events, and receive online access to the very best career tools available.

94,200CAD

AVERAGE STARTING SALARY

88%

PLACEMENT

Top Sectors hiring Schulich MBA Graduates 

Schulich’s Career Development Centre is there to assist you in finding the right fit with the right employer or organisation. In addition, the school has undergone considerable restructuring in the last year to better match its core services with Schulich’s vast choice of MBA specialisations and programmes and better serve the professional goals of its students and recent alumni.

The good news is that Schulich alumni continue to prosper in today’s highly competitive job market thanks to the school’s diversified perspectives, innovative programmes, and worldwide presence.

Top 3 Sectors

  1. Consulting
  2. Financial Services
  3. Technology

 

Consulting

15%

Finance

22%

Technology

17%

Consumer Goods

7%

Marketing

8%

Companies recruiting from Schulich MBA

Consulting Sector

  • Deloitte Consulting
  • Ernst & Young LLP
  • KPMG
  • Morgan Stanley Canada
  • Brevitas Consulting Inc.

Finance

  • Asian Development Bank
  • Bank of Canada
  • British Columbia Investment
  • Graham Capital Partners LP
  • National Bank of Canada

Technology

  • Amazon
  • Google
  • American Express
  • Hyundai Capital Canada
  • IBM Canada Ltd

Schulich MBA Alumni Info

Schulich School of Business has an expansive network of 31,000+ alumni spanning across 90 countries in the world. There are 90+ alumni chapters of Schulich where Alumni enjoy various benefits and attend events and workshops and connect with current students as mentors and alumni guides.

Some Famous Alumni

  • Bharat Masrani (Group President and CEO of TD Bank Group)
  • Richard E. Waugh (President and CEO of Scotiabank)
  • Kathleen Taylor (President and CEO of Four Seasons Hotels and Chair Designate of Royal Bank of Canada)

We have a 97% Success Rate In Helping Applicants Get Into Top Schools Like

Application Essay for Schulich MBA

Essays for college applications is a great method to impress members of the admissions committee. The essays must be between 500 and 2000 words long, and the length of your writings may affect your acceptance. Writing well is challenging, but it is possible if you plan ahead of time. Anyone who works in journalism understands the importance of getting off to a good start when it comes to attracting the interest of a reader.

Begin with an intriguing paragraph to keep their attention. You may start with an amusing story or anecdote that highlights some of the great qualities of your personality and character, providing the admissions committee with some insight into who you are. Instead of trying to arrange your essay around hackneyed terminology or ideas, focus on your own particular ideals. 

Application Essays 

Essay 1- How will the Schulich MBA degree help you achieve your short and long-term career goals? (350 words)

Essay 2-  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 Written Essay: After the short questions, you will be required to submit a video answer and answer a 5min-timed question.

Letter of Recommendation for Schulich MBA

The essential thing to remember about graduate school letters of recommendation is that they must be written by someone who has professional knowledge of you. Each recommender’s 

LoR should, in theory, highlight a variety of characteristics. Your Letter of Recommendation may also be used to determine whether or not you qualify for financial aid. As a result, a large LoR is required. Universities frequently demand three letters of recommendation, so they go out to three different persons with differing levels of involvement. Remember that your recommendation letter should add value to your application by demonstrating how relevant the programme is to you.

Interview Questions for Schulich MBA

1) What are your immediate and long-term objectives?

2.) How can an MBA assist you in achieving your objectives?

3.) How do you distinguish yourself from the other candidates?

4.) What do your coworkers think of you?

5.) Assume you’re in charge of a team, and one of the members isn’t taking his work seriously. What would you do if you were in that situation?

6.) Have you lately completed any extracurricular activities?

7.) What do you consider to be your most significant contribution or accomplishment at work?

8.) Is there something about you that isn’t included in your CV.

  1. Why pursue an MBA?
  2. Why are you getting an MBA now?
  3. Why did you choose our school?
  4. What are your short- and long-term professional ambitions after earning your MBA?
  5. What are your three best assets?
  6. What are your two biggest flaws?
  7. What do you believe the Admissions Committee will be most concerned with when considering your application?
  8. Do you have any questions that you’d want to ask me?

What makes Schulich MBA Unique

The MBA Programme at Schulich will provide you with the specialised knowledge and leadership skills you’ll need to succeed. Develop your expertise in your subject of interest by choosing from one of our 17 specialist areas in managerial roles, industry sectors, and particular business concerns.

  • Modify your MBA: Flexible study options allow you to move between full-time and part-time enrollment and take classes uptown at the Keele campus or the downtown Toronto satellite campus. You can complete your MBA programme in as little as eight months with accelerated standing. There is now a Weekend and Evening MBA for working professionals interested in a full-time programme.

  • Real-World Experiential Learning: The Schulich MBA blends classroom learning of fundamental and advanced management ideas with real-world experience, including a two-term strategic consulting project where you collaborate with clients on real-world problems and solutions.

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FAQ’s

Aside from the GMAT score, prior GPA, and present employment position, what are the essential parts of the Schulich MBA application process?

The video essays and interviews and these features are essential aspects of the admissions process. These elements bring what has been given in the other application sections to life and allow the committee to perceive the applicant’s personality.

Is language proficiency a requirement at Schulich School of Business?

Yes, overseas applicants must submit their English language competency scores to the Schulich School of Business, with a minimum IELTS score of 7.0 and a TOEFL-iBT score of 100.

What strategies may a candidate use to overcome a low GMAT score?

While a minimum GMAT score of 550 is required for admission, Schulich’s average GMAT score is 660. Therefore, candidates with lower-than-average grades might use the interview and video essays, in particular, to demonstrate why they would be a good fit for Schulich.

Could the GRE be used instead of the GMAT for admissions at Schulich?

Yes, the GRE is accepted as part of the application process for all of the graduate programmes at Schulich. The GRE assesses your verbal reasoning, numeric reasoning, critical thinking, and analytical writing abilities through three portions. The GRE includes questions that closely mirror the type of thinking you’ll conduct in business school and the abilities you’ll need to succeed.

How much time will I have to complete the timed written essay?

The timed written essay has to be completed in up to 5 minutes.

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