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Schulich MIM Review


10 minutes

Table of Contents

    Imagine stepping into the global business arena, equipped with the knowledge and skills to navigate diverse markets and cultures. This could be your reality with the York Schulich Master of International Business (MIM) program.

    This comprehensive program focuses on crucial aspects of international business management, covering a wide array of topics, from international marketing and finance to strategy and supply chain management. But it’s not all about theory, the MIM program also offers practical components that will thrust you into the heart of the business world.

    The unique offering of international study trips allows you to experience different markets first-hand, whilst the program's internship component gives you the chance to apply your knowledge in real-world settings. These experiential learning opportunities are sure to provide valuable insights, which can propel your career in international business.

    Does this align with your global career aspirations? The MIM program at York Schulich could be the key that opens doors to endless international business opportunities. It's time to take the next step in your career and embrace the exciting challenges that await you in the world of international business.

    Class Profile

    The York Schulich Master of International Business (MIM) program attracts students from diverse academic and professional backgrounds. The class profile typically consists of students from over 20 countries with work experience ranging from 1 to 8 years.

    The average age of MIM students is around 26 years, with an average York Schulich MIM GMAT score of 650. The class is also gender-diverse, with approximately 50% female students. The MIM program at Schulich School of Business is known for its collaborative and supportive learning environment, which fosters a sense of community among the students.

    Acceptance Rate

    York University's Schulich School of Business offers a Master of International Business (MIB) program, which is designed to prepare students for careers in global business. The MIB program is a one-year, full-time program that provides students with a comprehensive understanding of international business practices and strategies.

    As for the acceptance rate, the Schulich School of Business is 17% making the MIB program at Schulich highly competitive, with a rigorous admissions process that takes into account a candidate's academic performance, work experience, leadership potential, and personal qualities.

    To be considered for admission, applicants must have a minimum of two years of work experience, an undergraduate degree from a recognized institution, and meet other requirements as set out by the school.

    It is recommended that applicants have a strong academic background in business or a related field, as well as international experience or proficiency in a second language. Overall, the Schulich School of Business has a reputation as one of best MIM colleges in Canada, with a strong focus on innovation and global business.

    Program and Curriculum

    schulich mim

    The Master of International Business (MIB) program at York University's Schulich School of Business is designed for recent graduates who wish to pursue a career in international business. The program focuses on developing a strong foundation in business principles, global management, and cross-cultural communication.

    Core Courses  (1st semester)

    Courses Description 
    Global Macro Economy This course covers key macroeconomic concepts and their application in the global economy.
    Accounting and Financial Reporting Students learn about accounting principles and financial reporting standards in a global context
    Marketing Management This course introduces students to the principles of marketing and the challenges of operating in a global marketplace.
    Managing People in Global Contexts This course focuses on the management of people and organizations in a global context.

    Core Courses (2nd semester)

    Course Description
    Global Strategy  Students learn about the formulation and implementation of global business strategies.
    Operations Management This course covers the principles of operations management and their application in global supply chains.
    Financial Management  This course covers the principles of financial management, including capital budgeting, risk management, and international finance.
    Business and Society This course explores the social and environmental responsibilities of businesses operating in a global context.

    Elective Courses

    Course Description
    International Finance This course covers topics such as exchange rate determination, international capital budgeting, and multinational corporate finance.
    International Marketing This course covers the unique challenges of marketing products and services in different global markets.
    International Business Law This course covers legal issues that arise when conducting business across borders, including international contracts, intellectual property, and dispute resolution.
    Global Business Strategy This course focuses on the development of strategic thinking skills and the ability to manage complex international business environments.
    Emerging Markets This course explores the opportunities and challenges of doing business in emerging markets, including the economic, political, and cultural factors that influence business practices.
    International Negotiations This course covers the theory and practice of negotiations in an international context, including cross-cultural communication and conflict resolution.
    Overall, these elective courses provide MIB students with the knowledge and skills needed to succeed in a rapidly changing global business environment.

    Clubs and Associations 

    • MIM Student Association (MIMSA): MIMSA is the official student government for the MIM program. They organize social and professional events and advocate for MIM student needs and interests.
    • Schulich Consulting Club: The Consulting Club provides students with hands-on consulting experience by partnering with clients on real-world projects. Members can participate in case competitions and workshops to develop their consulting skills.
    • Schulich Finance Association: The Finance Association focuses on helping students explore and pursue careers in finance. Members can attend networking events, workshops, and speaker series to learn about different finance sectors and opportunities.
    • Schulich Marketing Association: The Marketing Association provides students with resources and opportunities to learn about and pursue careers in marketing. Members can attend events and participate in projects and competitions to develop their marketing skills and knowledge.
    • Schulich Global Strategy and Leadership Forum: The Global Strategy and Leadership Forum hosts events and speaker series focused on global business issues and leadership. Members can learn about current business trends and connect with leaders in different industries.

    Extra Activities 

    The York University Schulich School of Business offers a Master's in International Business (MIM) program designed to provide students with a comprehensive understanding of global business and management. Along with a rigorous academic curriculum, the program also offers a range of extracurricular activities to enrich the learning experience.

    One of the most significant extra activities offered is the International Study Trip, which provides students with the opportunity to gain firsthand experience of the global business environment. Students also have the chance to participate in various case competitions, networking events, and workshops organized by the school and industry partners.

    Schulich MIM students can also join several clubs, including the Global Business Club, Management Consulting Club, and Schulich Women in Business, among others, to network and collaborate with like-minded individuals.

    Another highlight of the program is the "Doing Business in Emerging Markets" course, which provides students with an opportunity to travel to a developing country and work on real-life projects. The school also offers various mentorship programs, where students can connect with alumni and industry professionals for guidance and support.

    Scholarships 

    Schulich School of Business offers a variety of scholarships and financial aid options to support its students. These scholarships are typically awarded based on a combination of factors, including academic achievement, leadership potential, and financial.

    Schulich Global Scholarship


     This scholarship covers full tuition and ancillary fees, and provides a living expense stipend for up to two years. It is awarded to students who demonstrate academic excellence, leadership potential, and a commitment to their communities.

    Schulich India Scholarship

     This scholarship covers partial tuition for up to two years. It is awarded to Indian citizens who demonstrate academic excellence, leadership potential, and a commitment to their communities.

    Schulich Entrance Scholarship for International Students

    This scholarship covers partial tuition for up to two years. It is awarded to international students who demonstrate academic excellence and leadership potential.

    Schulich Graduate Bursary

     This bursary provides financial assistance to students who are experiencing financial need or unexpected expenses during their studies.

    Eligibility and Requirements

    schulich mim

    The Master of International Business (MIM) program at the Schulich School of Business at York University is designed to prepare students for careers in global business. It provides students with a solid foundation in international business practices, as well as hands-on experience through internships and study abroad opportunities.

    Eligibility

    • To be eligible for the full time MIM program at Schulich, applicants must have an undergraduate degree from a recognized institution with a minimum B average in their last two years of study.
    • Applicants must also have proficiency in English, demonstrated through either TOEFL or IELTS scores.
    • Additionally, applicants are expected to have relevant work experience and a strong interest in global business.

    Application fees

    As a part of the application, there is a direct York Schulich MIM fees of CAD 175

    Application documents

    • Applicants are required to submit several documents as part of their application, including transcripts, a resume, two letters of reference, a personal statement, and proof of English proficiency.
    • Additionally, applicants may be required to participate in an interview process.
    • The specific requirements may vary depending on the applicant's background and qualifications.

    GPA

    The minimum GPA requirement for admission to the York Schulich Master of International Business (MIM) program is 3.0 on a 4.0 scale. However, the admissions committee considers several other factors, including work experience, GMAT/GRE scores, and references, when evaluating applicants.

    GMAT 

    The Schulich MIM program requires applicants to submit GMAT scores as part of the application process. The average GMAT score for admitted students is around 650, although the admissions committee considers several other factors when evaluating applicants.

    GRE 

    While the Schulich MIM program accepts GRE scores in lieu of GMAT scores, it is recommended that applicants submit GMAT scores if possible. The average GMAT score for admitted students is around 650, although the admissions committee considers several other factors when evaluating applicants.

    Average Work Experience 

    The Schulich MIM program requires a minimum of two years of work experience for admission. However, the admissions committee values a diverse range of work experiences and considers each applicant's unique background when evaluating applications.

    Is IELTS Needed for Schulich MIM

    International applicants whose first language is not English must demonstrate proficiency in the English language. The Schulich MIM program accepts several English language proficiency tests, including the IELTS. The minimum required IELTS score for admission is 7.0 with a minimum score of 6.5 in each component.

    York Schulich MIM Deadlines & Admission Process

    The York Schulich Master of International Business (MIM) program is a one-year full-time program that prepares students for global business careers. It is designed to provide students with a solid foundation in core business disciplines such as finance, marketing, and operations while also emphasizing the importance of cross-cultural communication and understanding. The MIM program at Schulich is ranked among the top in Canada and worldwide and has a strong reputation for producing successful graduates.

    Admission Process

    The admission process for the Schulich MIM program is highly competitive and selective. Candidates are evaluated based on their academic record, work experience, language proficiency, and other relevant factors. Applicants must hold a bachelor's degree from a recognized institution and demonstrate proficiency in English by submitting scores from a recognized language test such as TOEFL, IELTS, or PTE.

    When do admissions start?

    The admission cycle for the full time MIM program at Schulich typically starts in September and closes in February. However, it is recommended that prospective applicants apply as early as possible, as the admission process is highly competitive and spaces are limited. Candidates are encouraged to carefully review the admission requirements and submit their applications by the Schulich MIM deadline to be considered for admission.

    Rounds Deadlines
    Round 1 5 January 2024
    Round 2 27 March 2024
    Round 3 12 June 2024

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

    After applying, candidates can expect to receive a response from the university within six to eight weeks. If a candidate is selected for an interview, they will be notified by email or phone. The interview is an important part of the admission process, and candidates should be prepared to discuss their academic and professional background, as well as their interest in the MIM program. Final admission decisions are typically communicated to applicants within four weeks of the interview.

    Career, Employment & Placement

    schulich mim

    The York University Schulich School of Business offers a Master of International Business (MIM) program designed to equip graduates with the skills and knowledge needed to excel in the global business world.

    The program has a strong focus on developing students' analytical and strategic thinking abilities, as well as their cross-cultural communication and leadership skills. Graduates of the program are highly sought after by employers around the world.

    Schulich MIM Average Starting Salary

    According to the latest employment report, the average starting York Schulich MIM salary  for MIM graduates was C$ 109,004 in academic years 2022. This figure is slightly lower than the previous year's average starting salary of C$ 70,413.

    However, it is worth noting that the COVID-19 pandemic had a significant impact on the job market, and many graduates faced delays or disruptions in their job search.

    Schulich MIM Placement Statistics

    The placement rate for Schulich MIM graduates is consistently high, with over 90% of graduates securing employment within six months of graduation. The top industries that employ Schulich MIM graduates include consulting, financial services, technology, and consumer goods.

    Schulich MIM Employment Report

    The most recent employment report for the Schulich MIM program shows that 92% of graduates secured employment within six months of graduation, with an average starting salary of C$ 109.004

    The report also reveals that over 50% of graduates secured positions in consulting and financial services, with a further 20% finding employment in the technology industry. Other popular industries for Schulich MIM graduates include consumer goods, healthcare, and energy.

    Top Sectors Hiring MIM Graduates

    York Schulich Master of International Business (MIM) program prepares graduates to become global leaders by offering a diverse range of academic and experiential learning opportunities. The program attracts top talent from around the world, and many leading companies across different sectors actively recruit Schulich MIM graduates.

    Companies Recruiting from Schulich MIM

    Herein, we shall talk about companies in the top three sectors so that you get a brief idea of the MNCs that you are willing to be a part of in the future:

    Consulting Finance Technology
    McKinsey & Company Goldman Sachs Amazon
    Boston Consulting Group (BCG) JPMorgan Chase & Co Google
    Deloitte RBC Capital Markets Microsoft

    MIM Alumni at York Schulich

    York University's Schulich School of Business offers a Master's in Management program that prepares students for a global career in business. With a strong focus on leadership and management skills, the program is designed to equip students with the knowledge and expertise to succeed in today's competitive business environment.

    Some of the famous alumni of the Schulich MIM

    • Kunal Nayyar: Actor best known for his role as Raj Koothrappali on the popular TV show "The Big Bang Theory"
    • Natalie Bahadur: Editor-in-Chief of Style at Home magazine
    • James Temerty: Founder and Chairman of Northland Power Inc.
    • Marat Mukhamedyarov: Deputy CEO of National Telecommunications Operator in Kazakhstan
    • Adrianne Haslet: Professional ballroom dancer and Boston Marathon bombing survivor

    These are just a few examples of the many successful Schulich MIM alumni who have made a name for themselves in their respective fields. The program's emphasis on hands-on learning, international exposure, and networking opportunities, combined with the School's reputation for academic excellence, make it an excellent choice for students looking to jumpstart their careers in business.

     York Schulich MIM Application Essay

    The introduction of your York Schulich MIM essay should provide a brief overview of your background, experiences, and goals. It should capture the attention of the reader and give them a sense of what to expect from the rest of your essay.

    Essay 1

    In this essay, you will have the opportunity to showcase your personal and professional achievements, as well as your future aspirations. You should discuss your academic and extracurricular activities, leadership roles, and work experience, and explain how they have prepared you for the MIM program.

    Optional essay

    The optional essay provides an opportunity for you to address any weaknesses or gaps in your application. You may use this essay to explain any academic or personal challenges you have faced, as well as any extenuating circumstances that may have affected your academic or professional performance.

    Letter of Recommendation(LORs)

    The Master of International Business (MIM) program at York University's Schulich School of Business is a highly competitive program that requires strong letters of recommendation from applicants. The purpose of the letter of recommendation is to provide insight into the applicant's academic and professional qualifications, as well as their potential for success in the program.

    • Ideally, the letter should be written by a professional who is familiar with the applicant's academic and/or work performance. This could be a former professor, employer, or supervisor.
    • In addition, the letter should highlight the applicant's academic credentials, such as their undergraduate GPA and any relevant coursework or research experience. Finally, the letter should express the recommender's confidence in the applicant's ability to succeed in the MIM program and their potential to contribute to the program's diverse community.

    It is important to note that letters of recommendation should be submitted directly to the MIM program office and not given to the applicant. It is the applicant's responsibility to ensure that the letters are submitted on time and that the recommenders follow the program's guidelines.

    Interview Questions

    Set 1

    1. Personal Background: You may be asked to talk about your academic background, previous work experience, extracurricular activities, and achievements. This question aims to understand your overall profile and how it aligns with the MIM program.
    2. Motivation for MIM: The interviewers may ask why you are interested in pursuing a Master's in Management at York Schulich. Be prepared to explain your motivations, career aspirations, and how the program specifically fits into your long-term goals.
    3. Leadership Abilities: You might be asked about instances where you demonstrated leadership skills or took initiative in a team setting. Prepare examples that showcase your ability to lead, collaborate, and motivate others.
    4. Problem-Solving Skills: Expect questions that assess your analytical and problem-solving abilities. The interviewers may present a hypothetical business scenario and ask you to discuss how you would approach and resolve it.
    5. Communication Skills: Since effective communication is crucial in the business world, you may be asked about your communication skills and experiences. Prepare to discuss instances where you effectively communicated complex ideas or overcame communication challenges.

    Set 2

    1. Diversity and Inclusion: Schulich emphasizes the value of diversity and inclusion. You might be asked about your experiences working in diverse teams or your views on fostering inclusivity in a professional environment.
    2. Global Perspective: The MIM program at Schulich focuses on developing a global mindset. Expect questions related to your international experiences, cultural sensitivity, and adaptability to different business environments.
    3. Career Goals: Prepare to discuss your short-term and long-term career goals and how the MIM program will help you achieve them. Be specific about the industries or roles you are interested in and how the program aligns with your career aspirations.
    4. Teamwork and Collaboration: Business schools often emphasize the importance of teamwork. You may be asked about your experiences working in teams, challenges you faced, and how you contributed to the team's success.
    5. Ethical Decision-Making: Schulich values ethical leadership. Be prepared to discuss situations where you faced ethical dilemmas and how you made decisions that aligned with your values and ethics.

    What Makes York Schulich Unique?

    schulich mim

    Is York Schulich MIM worth it? The Schulich School of Business at York University offers a Master of International Business (MIM) program that stands out for several reasons. Here are a few unique aspects of the program:

    1. Global focus: The MIM program is designed for students who want to pursue careers in international business. The curriculum emphasizes global perspectives and cross-cultural understanding, and students have the opportunity to study abroad and gain international work experience.
    2. Flexible format: The MIM program is available in both full-time and part-time formats, allowing students to choose a schedule that works for them. The program can be completed in as little as 12 months in the full-time format.
    3. Industry connections: Schulich has strong ties to the business community, and the MIM program is no exception. Students have access to a wide range of industry events, networking opportunities, and career services.
    4. Focus on experiential learning: The MIM program emphasizes hands-on learning experiences, such as case studies, simulations, and consulting projects. These experiences help students apply theoretical concepts to real-world situations and develop practical skills.
    5. Specializations: The MIM program offers several specializations, including global retail management, global mining management, and global health management. These specializations allow students to tailor their education to their career goals and interests.

    Conclusion

    The York Schulich Master of International Business (MIM) program is a highly regarded graduate degree offering a comprehensive curriculum in international business management. It equips students with the necessary skills and knowledge to excel in the global business landscape.

    The program focuses on developing cross-cultural competencies, strategic thinking, and analytical abilities. Students gain practical experience through internships, case competitions, and networking opportunities.

    The MIM program at Schulich emphasizes experiential learning, collaboration, and innovation. With a strong reputation for producing successful graduates, the program prepares students for diverse career paths in multinational corporations, consulting firms, government agencies, and non-profit organizations around the world.

    Know Your Author
    Photo of Abhyank
    Abhyank Srinet
    Study Abroad Expert
    Abhyank Srinet, the founder of MiM-Essay.com, is a globally recognized expert in study abroad and admission consulting.His passion lies in helping students navigate the complex world of admissions and achieve their academic dreams. Having earned a Master's degree in Management from ESCP Europe, Abhyank's expertise in data-driven marketing strategies has driven growth for some of the most competitive industries. As the founder of MiM-Essay.com, he has helped thousands of students get into top business schools with a strong emphasis on research, shortlisting, and applying to schools from a single platform. His dedication to education has also led him to create MentR-Me, a free-to-use social platform that simplifies the study abroad process for students, while providing universities with a powerful recruitment tool. As a leader in the field of admission consulting, he is constantly researching and implementing the latest strategies to ensure that his clients receive the best possible guidance. He leads the Business Development and Digital Marketing side of both companies, and has grown both ventures to 7 figure revenue.His unique insights, experience, and dedication to his clients make him a valuable resource for anyone seeking to advance their education or career.
    What is the admission criteria for the York Schulich Master's in International Business program (MIM)?

    The admission criteria for the Schulich MIM program require applicants to hold a bachelor's degree from a recognized institution with a strong academic record. Proficiency in English is essential, and international applicants may need to provide proof of English language proficiency through standardized tests such as TOEFL or IELTS.

     

    Can I pursue the Schulich MIM program on a part-time basis?

    No, the Schulich MIM program is a full-time program and does not offer a part-time option. The program is designed to be completed within 12 months, allowing students to immerse themselves fully in their studies and take advantage of the intensive curriculum and experiential learning opportunities.

     

    What career support services are available to Schulich MIM students?

    York Schulich provides comprehensive career support services to MIM students through the Career Development Centre (CDC). The CDC offers various resources and initiatives to help students succeed in their job search and career development. These include one-on-one career coaching sessions, resume and cover letter reviews, interview preparation workshops, networking events, and access to job postings and internship opportunities.

     

    Can I pursue internships during the Schulich MIM program?

    Yes, the Schulich MIM program offers opportunities for students to pursue internships as part of their studies. The program incorporates a mandatory summer internship component, during which students gain hands-on experience in a real-world business setting.

     

    What is the diversity like in the Schulich MIM program?

    The Schulich MIM program values and promotes diversity among its student body. Students in the program come from diverse cultural, educational, and professional backgrounds, fostering a rich learning environment that encourages cross-cultural collaboration and exchange of ideas.

     

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