DeGroote School of Business – McMaster University

McMaster University Full-Time MBA Program Structure

The McMaster University full-time MBA at DeGroote School of Business is a 16-month program. This program is ideal for individuals who are early in their career and want to gain advanced business knowledge in order to have more job opportunities. Students will learn about business theory as well as career skills.

Curriculum

The full-time program encompasses 22 courses taken over a 16-month period, starting in September. Students may also choose to not attend summer courses and complete their MBA over a 20-month period.

The first year of the MBA program is dedicated to taking core classes that cover such foundational topics as Economics and Business Statistics, Managing Financial Resources, Marketing, Operations Management and more. Students will take two required classes in the second year—Business, Government and the Global Environment, and Strategic Management—as well as eight electives. Students have the opportunity to tailor their electives so that they can specialize or minor in a particular area.

Class Profile

Seventy percent of DeGroote students come from academic backgrounds other than business. The full-time MBA Class of 2016 had 84 students. Of these students 38 percent were women. The average student had a salary of $60,125, with salaries ranging from $40,000 to $83,000. Common employment backgrounds included students who worked in financial services, retail, consulting and technology.

Careers

The Career and Professional Development center provides MBA students with a variety of career resources. They offer services such as resume reviewing, career coaching, mentorship, networking tips, and interview practice. There are several career-oriented events each year that students can attend, including McMaster’s annual career fair, company information sessions, mock-interview night, alumni networking events, industry events, business etiquette dinner and more. Students and alumni also have access to the school’s online job job board.

Tuition & Financial Aid

For the 2017-18 school year, the McMaster University full-time MBA degree tuition for the entire program is between $41,200 total for Canadian citizens or landed immigrants and $80,000 for international students. These figures include tuition, fees and the mandatory enrollment fee in the GSA Health Plan (subject to change annually). There are a variety of financial aid opportunities through McMaster, including scholarships and loans. Scholarships are available for full-time, co-op and accelerated program students.

The Ontario Student Assistance Program (OSAP) provides students with financial aid to help pay for education-related expenses such as tuition, books, compulsory fees, transportation and living costs; it is available to Canadian citizens and landed immigrants who are residents of Ontario.

Unfortunately, visa students are not eligible, though they may be able to obtain out of province or out of country student loan assistance. McMaster’s Student Financial Aid and Scholarships (SFAS) office administers these programs on behalf of the government. It generally takes 4-6 weeks for OSAP applications to be processed.

Students may also be able to apply for a bursary, which is a grant that they won’t need to repay. These are available for new and returning students. They are available to students who have also received OSAP or the equivalent for out-of-province students.

Admissions Procedures

Applicants to the MBA programs must have completed a four-year degree or its equivalent for admission. To apply to the McMaster University full-time MBA program, applicants must submit a completed application form, all college transcripts from degree-granting and non-degree-granting institutions, a current résumé and two letters of recommendation, along with the CDN $150 application fee. Applicants must also send in their GMAT scores with a recommended verbal score of 28, and a quantitative score of 37 (a total score of 600 is normally competitive); GRE tests may be accepted in lieu of the GMAT when an applicant has scored within the 80th percentile in both the verbal reasoning and quantitative reasoning sections. Applicants who have not resided in an English-speaking country for at least four years, or if English was not the primary language of instruction for at least three years of their full-time post-secondary education (excluding ESL courses), TOEFL scores are required.

Application Deadlines

The application deadlines for the McMaster University Full-Time MBA program is June 17 for the September admission cycle.