With the burgeoning relevance of corporate analytics, the ability to analyze and decipher Big Data is in high demand. The Schulich Master of Business Analytics (MBAN), the first of its type in Canada, is a 12-month full-time program designed to provide you with the tools and techniques to become an expert in this expanding, high-demand industry.
In an era where data reigns supreme, the Schulich School of Business stands out with its cutting-edge Business Analytics program, designed to equip the next generation of leaders with the power to decipher the language of data and transform insights into actionable strategies. This blog offers an in-depth review of the Schulich Business Analytics program, spotlighting its curriculum, teaching methodologies, industry relevance, and the tangible impact it has on students' careers.
As businesses worldwide navigate through an increasingly data-driven landscape, the demand for analytics-savvy professionals has skyrocketed. Join us as we delve into the nuances of this program, examining its strengths, areas for improvement, and its overall contribution to the field of business analytics.
Schulich Business Analytics Class Profile
The Schulich University Master of Business Analytics (MBAN) program boasts a diverse and dynamic class profile, reflective of its high standards and the rigorous demands of the business analytics field. With an average GPA of 3.3, the program attracts academically strong candidates who are ready to deepen their analytical skills. The class typically showcases a GMAT average score of 680, indicating a group of students with strong quantitative and verbal reasoning abilities.
On the professional front, the average work experience of the cohort is 1 year, highlighting the program's appeal to early-career professionals eager to fast-track their careers in analytics. With a class size of 55, the program fosters a tight-knit community that encourages collaboration, networking, and a personalized learning experience.
This blend of academic rigor, professional experience, and a supportive learning environment makes the Schulich MBAN program a beacon for aspiring business analytics professionals.
Acceptance Rate
The acceptance rate for the Schulich Business Analytics ranges between 25% and 30%. Since the programme is highly competitive, you have a decent chance of being admitted if you have outstanding grades and a great application that can set you apart from the crowd.
Acceptance rate= 25%
Schulich Business Analytics Program and Curriculum
Schulich Business Analytics provides students with the technical, quantitative expertise and strategic mindset to support data-driven business decision-making. The program holistically bridges the gap between technology and business acuity.
The programme culminates in an Analytics Consulting Project, in which students spend two terms working with real data in the service of the community. Students will complete a hands-on, problem-driven analytics project and produce appropriate business solutions using the capabilities of the state-of-the-art Deloitte Cognitive Analytics and Visualization Lab, simulating real-world “Big Data Competitions.”
Core Course
Here are the major sources the program offers:
| Visual analytics and modelling | Dive into the art and science of making data comprehensible and actionable through visual representation and advanced modelling techniques. |
| Big data fundamentals and applications | Explore the foundational elements of big data, including its structure, management, and the diverse ways it can be leveraged across industries. |
| Data science I | Embark on your data science journey with an introduction to the core principles, tools, and methodologies used in extracting valuable insights from data. |
| Realizing value from ai and analytics in organizations | Learn how to strategically implement AI and analytics within organizations to drive decision-making, innovation, and sustainable competitive advantages. |
| Predictive modelling | Master the techniques of predictive modelling to forecast future trends, behaviors, and outcomes based on historical data. |
| Data science ii | Delve deeper into data science with advanced topics, building upon foundational knowledge to tackle more complex data analysis challenges. |
| Project management | Acquire essential project management skills tailored for the analytics domain, focusing on delivering projects on time, within budget, and according to specifications. |
| Analytics consulting project | Apply your analytical skills in a real-world consulting project, working with actual clients to solve pressing business problems through data-driven insights. |
| Models & applications in operational research | Investigate the models and applications pivotal to operational research, optimizing processes and decision-making in complex scenarios. |
| Interpersonal managerial skills | Enhance your managerial effectiveness with strong interpersonal skills, crucial for leading teams and managing stakeholder relationships in a data-driven environment. |
| Ethics and societal implications of artificial intelligence | Address the ethical considerations and societal impacts of AI deployment, ensuring responsible use and understanding of its broader implications. |
Electives
Here are the major sources the program offers:
| Management accounting | Gain insights into the critical role of management accounting in strategic planning, decision-making, and performance management within organizations. |
| Economic forecasting and analysis | Explore the methodologies and tools essential for predicting economic conditions and their implications for business strategy and policy-making. |
| Applications of data science in finance | Discover how data science techniques are revolutionizing finance, from algorithmic trading to risk assessment and financial modeling. |
| Management of risk in financial institutions | Delve into the complexities of managing financial risk, focusing on the strategies institutions employ to mitigate exposure and ensure stability. |
| Enterprise risk management & strategy | Learn the principles of enterprise risk management as a strategic framework for identifying, assessing, and managing risks across an organization. |
| Artificial intelligence in business I | Introduce yourself to the fundamentals of AI in the business context, examining its potential to transform operations, customer service, and decision-making. |
| Artificial intelligence in business ii | Build upon your understanding of AI in business with advanced concepts and applications, preparing you to lead AI initiatives and innovations within your organization. |
Extra Activities for Schulich Business Analytics
Schulich’s clubs offer a crucial space to explore your business interests and develop leadership abilities. From Canadian mining to investment banking to sustainable enterprise, our diverse range of organisations allows students to pursue a wide range of timely and relevant interests. Further, these groups are an excellent method to meet students, mobilise efforts in critical areas of business, and take on leadership positions in the execution of 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 engage.
- Able York
- Active Minds
- AIESEC
- Alteri Productions | Productions Alteri
- Amnesty International at York
- Anthropology Students Association
- Armenian Students’ Association
- Arts & Docu-Film Club
- Association of Graduate Students in the Biological Sciences
- Astronomy Club at York University
Eligibility and Requirements
Schulich University Master of Business Analytics (MBAN) program opens doors to a world where data transforms into strategic insights, driving business decisions and innovation. The program's competitive nature reflects its commitment to excellence, seeking candidates who not only meet but exceed its stringent eligibility and requirements. Aspiring analytics leaders must navigate through a set of academic prerequisites, professional experiences, and personal attributes to secure their place in this prestigious program.
This guide outlines the essential criteria and steps needed to embark on this transformative educational journey, providing a roadmap for prospective students aiming to leverage the power of analytics in their careers. Whether you are a recent graduate or an early-career professional, understanding the pathway into the Schulich MBAN program is the first step towards achieving your aspirations in the dynamic field of business analytics.
Eligibility
- A four-year undergraduate degree from a recognised postsecondary school with a minimum B+ average in the previous two full years (or equivalent) of academic work in one of the following subjects: Mathematics, Business, Computer Science, Economics, Engineering, or Science.
- Undergraduate degree holders in other subject areas (such as Social Sciences, Arts and Humanities, Fine and Performing Arts, Education, and so on) will be considered, provided they have completed at least one university course.
Document related to the application
- Essays (2 written, 1 timed written, 2 videos)
- An updated resume
- There are two references.
- GMAT/GRE scores are not necessary.
- English language certificate (IELTS/ TOEFL or equivalent test)
- High school diploma (certified copy)
- University degree certificate, such as a bachelor’s degree certificate (certified copy)
- Receipt of transfer of application fee (not refundable)
Application fees
The application fee for the direct application is $150.
| Is IELTS needed for Schulich MBAN? | 7.0 overall (minimum 6.5 on each dimension) |
| GPA needed | Not Required |
| GRE needed | Not Required |
| Average Work Experience needed | Not Required |
Schulich Business Analytics Deadlines & Admission Process
These deadlines are pivotal for prospective students aiming to secure their spot in a cohort of future analytics leaders. Understanding and meeting the Schulich Business Analytics application deadlines is crucial for a smooth and successful admission journey. This guide provides an overview of the key dates and milestones in the application cycle, ensuring that candidates are well-informed and prepared to submit their applications, documentation, and fulfill all necessary requirements within the established timeframes.
| Deadline | Deadline Dates |
| Round 1 | July 26, 2023 |
| Round 2 | September 6, 2023 |
| Round 3 | November 22, 2023 |
| Round 4 | February 14, 2024 |
Schulich Business Analytics admission process
This comprehensive process ensures that admitted students are well-equipped to thrive in the rigorous academic environment and contribute positively to their cohort. Here’s an overview of the steps involved in the Schulich Business Analytics admission process:
- Application Preparation: Prospective students should begin by gathering all necessary documents, including academic transcripts, GMAT or GRE scores (if required), a detailed resume showcasing work experience, and letters of recommendation. It's crucial to check the program's website for the most current requirements and recommendations for these documents.
- Statement of Interest: Applicants are required to submit a statement of interest (or essays), which provides insights into their motivations for pursuing the MBAN at Schulich, their career aspirations, and how they envision contributing to the program and the field of business analytics.
- GMAT/GRE Scores: While not always mandatory, providing GMAT or GRE scores can strengthen an application. The requirement for these scores can vary, so applicants should verify the current criteria.
- Proof of English Proficiency: International applicants or those whose first language is not English may need to submit TOEFL or IELTS scores to demonstrate English proficiency, depending on their educational background and the school’s requirements.
- Interview: Shortlisted candidates are usually invited for an interview, which can be conducted in person or via video conferencing. The interview assesses the applicant's communication skills, leadership potential, and suitability for the program.
- Work Experience: While work experience is highly valued and can add significant weight to an application, the MBAN program also considers fresh graduates with strong academic records and potential. The specifics of work experience requirements can vary, so checking the latest program criteria is important.
- Application Submission: After preparing all documents and completing the necessary steps, applicants must submit their application by the designated deadline. Late submissions may not be considered, underscoring the importance of time management throughout the process.
- Admission Decision: Following a thorough review of all application components and interview performance, the admissions committee makes its decision. Successful candidates will receive an offer of admission, which they must accept by the specified deadline to secure their place in the program.
Employment And Placement
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York University's career management services are provided by their Career Planning Service. It will assist you in searching for permanent, part-time, and summer jobs and internships. The CaPS team will work with you to support you in making career-related decisions and choosing your path.
They will help you build your CV/ cover letter, take mock interviews, one-on-one counselling, and job offer negotiation tactics, create your online presence and so on. In addition, the Career Management team hosts different programs, academic & cultural events, workshops, and speaker series. The portal for searching for jobs is known as ‘myFuture’.
| Average Starting Salary | Graduates of the Schulich MBAN program enjoy a robust start to their careers, with an average starting salary of $86,430. This figure underscores the high value that employers place on the skills and knowledge imparted by the program, reflecting the strong demand for analytics professionals across industries. |
| Placement Statistics | The program demonstrates exceptional placement success, with 97% of its graduates securing employment within three months of graduation. |
| Employment Report | The employment report for the Schulich MBAN program further reinforces its standing as a leader in business analytics education. |
Top Sectors Hiring Schulich Graduates
The Schulich University Master of Business Analytics (MBAN) program has established itself as a premier gateway for students aspiring to enter the dynamic field of business analytics. A testament to its comprehensive curriculum and industry-aligned training is the diverse array of sectors that actively seek its graduates.
These sectors recognize the depth of analytical expertise, strategic thinking, and practical skills that Schulich MBAN alumni bring to the table. From finance and consulting to technology and healthcare, graduates find themselves in high demand, illustrating the program's effectiveness in preparing students for successful careers in a variety of industries.
Companies recruiting from Schulich Business Analytics
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 |
| Bloomberg LP | i80 Group | Accern |
| Boston Consulting Group | Allianz Euler Hermes | Ubisoft |
| Ernst & Young | Euler Hermes | Replicon |
Business Analytics Alumni at Schulich
When you complete your Schulich Business Analytics, you become a part of a strong alumni network of 34,000+ graduates. Further, students can leverage more than 90 alumni chapters in more than 60 countries. The York University alumni community works in 90+ countries across the world.
Some Famous Alumni
- Yon-Joon Choo, Consultant at Deloitte
- Gaya Raj, Data Science Analyst at Pepsi Co. Foods Canada
- Ricardo Luhm Silva, Data Scientist at Manulife
- Damil Alam Prakash, Data Scientist at Cineplex
Schulich Business Analytics Application Essay
The purpose of including written essays as part of the application package is twofold: first, the school wants to assess your fit for the School and program to which you are applying, and second, it wishes to assess the strength of your written communication skills.
| Essay 1 | How will the Schulich Business Analytics degree help you achieve your short and long-term career goals? (350 word maximum) |
| 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 when considering your application? (350 word maximum) |
| Video Essay | At the bottom of the application’s Essays section, you’ll discover a link to begin your video essays. After you’ve logged in and tested your technical setup, you’ll be asked a question through pre-recorded video by someone from the Schulich community. The task must be completed within the prescribed time limit of 45 seconds. |
Letter of Recommendation
Two references are required for all Schulich Business Analytics applicants. References can be academic or professional. Please note that professional references are preferred for candidates with work experience.
Schulich Business Analytics Interview Questions
There is no specific set of instructions for interviews issued by the Schulich Business Analytics program. However, students can go through the following set of questions that might be asked by the interviewer:
Set 1
Q: Tell me about yourself.
Q: What interests you about this course/school?
Q: What skills and attributes can you bring to this school?
Q: What are the main benefits you have gained from your previous work experience?
Q: Which aspects of the course did you find most enjoyable, least enjoyable, have found most difficult and why?
Q: How do you organize and prioritize your work?
Q: Give me an example of how you have coped under pressure.
Q: What would you do if a team member was not pulling their weight?
Q: Can you give an example of a time when you have used your initiative? What was the outcome?
Q: When have you demonstrated good organization skills?
Set 2
Q: Give me an example of a time when you did not meet a client’s/manager’s/supervisor’s expectations. What happened, and how did you attempt to rectify the situation?
Q: How many Golf balls can fit in a Boeing 747?
Q: What’s the global market size for smartphones?
Q: What areas do you think you need to develop to meet your career goals?
Q: What have you learned from your professional experience so far that you can take into the next stage of your career?
Q: Why did you choose the course you are doing at University?
Q: When you have had a deadline to meet, what have you done to ensure that you have met the deadline?
Q: If you work in a team, how do you see your role in the team?
Q: If you have two deadlines to meet, how would you go about prioritising your tasks?
Q: What do you think makes a good team?
What Makes Schulich Unique?
Here are a few facts about Schulich Business Analytics that makes it unique-
- International Accreditations and Memberships: Schulich Business School has several accreditations and memberships like AMBA, The Equis, The PIM, and The PACIBER, making it a dream school in Canada.
- Diverse Perspectives: Schulich Business School is a comprises of people coming in from varied backgrounds. To start with around 55% of the students come from more than 30 countries around the globe. In addition, 65% of Schulich’s Award Winning faculty comes from different corners of the world.
- Global Reach: With more than 34,000 alumni have graduating from the Schulich Business School work across more than 90 countries, an admit here is a passport for you to explore the work cultures globally.
Conclusion
In conclusion, as one of the leading MSBA colleges in Canada, the Schulich University Master of Business Analytics (MBAN) program shines as a beacon for aspiring analytics professionals. It presents a rigorous curriculum, comprehensive training, and an impressive array of career opportunities across diverse sectors. The Schulich MBAN program stands out with its compelling blend of academic excellence, practical experience, and career readiness.
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