Post tagged "toronto"

Feb 22, 2018

Toronto News: Ivey Students Come to the UN, and More

Toronto News: Ivey Students Come to the UN, and More

Let’s visit some of the biggest news coming out of Toronto business schools this week.

François Neville Unpacks Why Some Minority Groups Won’t Seek Business Loans – DeGroote Communications Department

François Neville, Assistant Professor of Strategic Management at the DeGroote School of Business at McMaster University, recently investigated whether certain minority entrepreneurs become discouraged when it comes to entrepreneurial activities such as seeking capital. Neville’s has published a study in the Journal of Management Studies breaks down how years of mistreatment have led to many minority business owners not wanting to begin the process of seeking a loan.

“There is a fairly established body of research offering compelling evidence that minorities are subject to inequality in the workplace and entrepreneurship, despite numerous policy initiatives to curb this,” Neville told the school.

You can read more about Neville and the study here.

Ivey Students Participating in UN Conference – News@Ivey

Two Ivey Business School students were given the special opportunity to take part in a United Nations (UN) conference earlier this month. Emma Hogeterp, HBA/Huron Global Studies ’19; and Sanket Mehta, MBA ’18 , participating in the 2018 Winter Youth Assembly at the United Nations headquarters in New York City from Feb. 14-16.

“The purpose of the conference is to not only discuss ideas, but also how they can be applicable in your country,” said Mehta. “What works in one country might not work in another because every country has a different set of economic indicators, such as life expectancy, income levels, and population.”

Ivey Business School students Emma Hogeterp and Sanket Mehta / Photo via

Learn more about the Youth Assembly and the Ivey students attending the summit here.

Student Trading Competition Celebrates its 15th Anniversary at the University of Toronto’s Rotman School of Management – Rotman Media Centre

The Rotman School of Management is hosting the 15th annual Rotman International Trading Competition (RITC) from February 22 to 24 in the Rotman School’s BMO Financial Group Finance Research and Trading Lab. Teams from 52 different universities spanning the globe will participate in various activities including electronic and outcry trading cases, seminars with industry practitioners, and social events with their fellow competitors.

“Given the challenge associated with each competition case, participants build models to apply theory, process information to separate the signal from the noise, quantify uncertainty and manage risks. Teams who combine those skills with good decision making do the best over the weekend.” Prof. Tom McCurdy, the Bonham Chair in Finance and academic director of the lab and the competition, said.

You can read more about RITC here.

The Differences Between a Full-Time MBA in New York City and TorontoMetroMBA

We stack up the best of the best when it comes to NYC and Toronto MBA programs, and where each city stands out. Not surprisingly, Toronto MBAs are more affordable, and the cost of living in the city is infinitely more reasonable, but NYC programs have more prestige and potential financial reward.

Even for those who do not pay extra for room and board, expenses for U.S. residents studying at many NYC business schools will be higher than their neighbors to the north. According to Numbeo, the cost of living in Toronto is 24 percent less than the cost of living in New York City, and rent is nearly 40 percent less.

However, the value of the individual school tends to favor New York City programs over its Toronto counterparts. NYU Stern is currently the 12th overall on the U.S. News & World Report 2018 ranking, with CBS coming even higher at 9th overall. The ranking comparison remains consistent with The Economist as well, with CBS coming in 9th (again), Stern coming in 14th. The highest ranked Canadian program in The Economist ranking—Ivey Business School—came in 59th.

Check out the rest of our comparison here.

Feb 21, 2018

The Differences Between a Full-Time MBA in New York City and Toronto

The Differences Between a Full-Time MBA in New York City and Toronto

New York and Toronto are the largest cities in the United States and Canada, respectively. Both are major financial and cultural centers, and home to millions of hard-working students, employees, and businesses.

Both metros are also home to a number of quality business schools, each with their own prestigious full-time MBA programs. How do New York and Toronto compare as cities and as destinations for your full-time MBA studies? Let’s take a deeper dive and see.


The most bustling and populous metro in the United States, New York City is is the capital of the business world. More Fortune 500 companies are headquartered here than in any other city. The Big Apple is not only home to Wall Street and the world’s largest financial institutions, but also media, marketing and advertising companies. New York is an enormous city and, unfortunately, expensive to live in, so it may not be for everyone.

When looking at metros with bustling financial sectors and companies, New York is often is the first to come to mind. But how about it neighbor to the north? Toronto is also considered one of the world’s fast-growing financial hubs. An article on the Huffington Post explains how Toronto has risen into the top 10 of the world’s most important financial centers. According to the Global Financial Centres Index from Z/Yen Group and Qatar Financial Centre, Toronto has surpassed Chicago and Boston to become the second-most important financial center in North America, and eighth in the world.

According to one unidentified New York banker quoted in the Global Financial Centres Index survey, “Toronto seems to get stronger and stronger. A number of our rivals have opened up subsidiaries there.”

New York City Full-Time MBA Programs

What stands out about these programs?

A Columbia MBA opens up countless career options and is sure to pay off in the long run. The median starting salaries for Columbia MBAs is $125,000, with 34 percent of full-time MBA of graduates being employed in the financial services industry. Students may assemble their own elective tracks, but the school also provides recommend course tracks for students interested in careers in entrepreneurship, healthcare, marketing, media, real estate, value investing, and social enterprise.

Meanwhile, Stern’s MBA curriculum gives students tons of flexibility, and allows degree seekers to choose one or two MBA specializations, NYU allows up to three specializations from 20 plus options. Stern makes sure that all students enrolled in the full-time program are ready for business school: Stern hosts a mandatory two-week orientation program in August called “Launch” as well as a special “Summer Start” program that allows students the school believes may need additional preparation to earn up to six credits before starting courses with their classmates in September.

Both Gabelli and Zicklin’s full-time programs feature cohort-based structures. Gabelli’s program features a New York immersion experience where, over the course of five days, students are exposed to a number of company visits with corporations like Deutsche Bank,, and Hewlett Packard. As an alternative to completing a major, Zicklin students may pursue a joint JD/MBA in conjunction with Brooklyn Law School or New York Law School.

Toronto’s Full-Time MBA Programs

What stands out about these programs?

DeGroote’s full-time MBA is a 16-month program ideal for candidates who are early in their career and want to gain advanced business knowledge in order to have more job opportunities. McMaster is one of only four Canadian universities ranked among the top 100 in the world, including by premiere publications like The Financial Times.

Ivey’s full-time program stands out because it can be completed in one year. During the year, students will learn business essentials from Canada’s only case-based MBA program. Students are able to experience real-world business scenarios through more than 300 cases a year, providing them of hands-on experience for how to best handle a variety of business scenarios.

The Sculich School of Business full-time MBA program is non-traditional due to its amorphous teaching format: The organization, pedagogy, and style of classes is determined solely by the most effective way to teach a particular course. This means that while some course instructors make extensive use of case studies, others do not. Other approaches to delivering courses include in-class presentations, role-playing exercises and visiting speakers and business leaders.

Schulich’s program, however, is on the more expensive side when it comes to Toronto metro business schools. The current full cost of the program in 2018-19 is $77,900 CAD for Canada residents, and $99,400 for international residents. While the tuition costs are actually higher than the likes of NYU Stern or the Columbia Business School full-time programs, because of the cost of living in New York City, the price is actually negligible—especially for Canadian residents.

Schulich/NYU/Columbia Full-Time MBA Costs

York/SchulichNYU/SternColumbia Business School
$57,000 (Canada Residents)$69,086 USD$71,544 USD
$77,900 (Full Cost, Canada Resident)$110,562 (Full Cost, U.S. Resident)$107,749 (Full Cost, U.S. Resident)

Ryerson’s full-time MBA stands out thanks to its Management of Technology and Innovation (MBA-MTI) program, which provides graduates with skills in problem-solving, critical thinking, communication and collaboration. Despite it’s technical sounding name, the MBA-MTO is not a technical program. Instead students enrolled in this track graduate with the skills needed to manage within companies that are focused on tech and innovation.

Breaking Down the Numbers

Even for those who do not pay extra for room and board, expenses for U.S. residents studying at many NYC business schools will be higher than their neighbors to the north. According to Numbeo, the cost of living in Toronto is 24 percent less than the cost of living in New York City, and rent is nearly 40 percent less.

However, the value of the individual school tends to favor New York City programs over its Toronto counterparts. NYU Stern is currently the 12th overall on the U.S. News & World Report 2018 ranking, with CBS coming even higher at 9th overall. The ranking comparison remains consistent with The Economist as well, with CBS coming in 9th (again), Stern coming in 14th. The highest ranked Canadian program in The Economist ranking—Ivey Business School—came in 59th.

NYC/Toronto MBA Rankings

SchoolFinancial Times Ranking (2018)The Economist Ranking (2017)
NYU Stern2314
Columbia Business School79

The higher rankings and costs tend to, unsurprisingly, have a high correlation with financial output. MBA graduates from higher-ranked NYC metro schools tend to do better in terms of salary and bonuses. As previously mentioned, CBS Class of 2017 MBA grads pulled in a median annually salary of $125,000. Class of 2017 Schulich grads, in comparison, made an average median salary of around $90,000 USD.

For more information on the best full-time programs, check out our New York City and Toronto metro pages.

Feb 14, 2018

Toronto News: DeGroote Launches New Fellowship, Rotman Makes New Hire, and More

Toronto News: DeGroote Launches New Fellowship, Rotman Makes New Hire, and More

Let’s visit some of the biggest news coming out of Toronto business schools this week.

EMBA Physicians Invited to Enroll in HLA Fellowship ProgramDeGroote Communications Department

According to a press release from the DeGroote School of Business at McMaster University, the Michael G. DeGroote Health Leadership Academy (HLA) is launching a new fellowship program for physicians who enroll in the Executive MBA in Digital Transformation (EMBA) at the DeGroote School of Business. Called the HLA Physician Fellowship Program, five fellows will be selected for the inaugural year of the program, which starts in September 2018.

The EMBA in Digital Transformation is a 13-month program that allows candidates to work while pursuing their degree. It features an evolving interdisciplinary curriculum includes customized, integrated cases developed around new and emerging trends in business and technology.

“The HLA strives to attain a transformative impact on global healthcare by nurturing a community of future leaders,” Del Harnish, Co-Director of the HLA, said. “This fellowship program helps develop these leaders by providing a broad perspective of the intersections of health and business knowledge.”

You can read more about the new fellowship here.

Rotman School Strengthens Business Design and Innovation with New AppointmentRotman Media Centre

The Rotman School of Management announced an exciting new faculty hire via their Media Centre: Angèle Beausoleil is joining the school’s faculty as an assistant professor of Business Design and Innovation. In addition to developing and delivering new courses, she will be collaborating with Rotman DesignWorks, the school’s Business Design Centre on industry projects to help advance innovation practices at the school.

You can read more about Professor Beausoleil here.

Schulich School of Business Wins 2018 MBA GamesSchulich Media Centre

Last month, a team of MBAs from the Schulich School of Business at York University bested teams from 16 other Canadian graduate business schools to win the 2018 MBA Games. The victory was Schulich’s seventh MBA Games win in 16 years.

“This was our year to win the MBA Games,” said Catherine Sim, Team Captain, who expects to graduate with a Schulich MBA degree later this year. “It feels great to bring the Queen’s Cup back to where it belongs.”

You can read more about the team’s triumph here.

Jan 30, 2018

Wilfrid Laurier Alzheimer’s Research Making Significant Strides

Wilfrid Laurier Alzheimer’s Research Making Significant Strides

Researchers in the business technology management program at the Wilfrid Laurier University Toronto Campus are making a huge impact in the study of early Alzheimer’s detection.

Continue reading…

Jan 29, 2018

DeGroote Business Looks Back on Successful 2017, and its Future

DeGroote Business Looks Back on Successful 2017, and its Future

The MBA program at the McMaster University DeGroote School of Business is changing the game for prospective MBAs in Canada, offering a valuable return on investment, strong network of partners and alumni, and diverse student body.

Since 2010, the school’s full-time and co-op MBA programs have been based at McMaster’s Ron Joyce Center, transforming into a top-rate business education at one of the highest-ranked universities on the planet. In fact, the 2017 Academic Ranking of World Universities named McMaster the 66th best university in the world. Today, the Ron Joyce Center is not just home to DeGroote’s MBA program but also to the school’s Health Leadership Academy (HLA), Executive MBA in Digital Transformation (EMBA), and Digital Transformation Research Centre.

YOU MAY ALSO LIKE: What Are The Most Valuable Toronto MBA Programs?

DeGroote’s MBA program took another step forward just last year, when university staff and faculty took a deep look into best practices throughout North America to reform the MBA into an even more comprehensive business education. Inspired by insights from students, alumni and faculty, the program integrated features such as cohort classes, case studies, and a series of foundation weeks at the start of the program. “The foundation weeks, in particular, introduce critical business skills and principles to new students at the outset of the program,” commented Will Weisner, Director of the MBA program at DeGroote. “As a result, students begin their MBA journey with the foundation to succeed in the classroom, at their co-op jos, and in their leadership and networking activities.”

The numbers don’t lie when it comes to return on investment: something we’ve previously noted in our highlight of the most valuable Toronto MBA programs. In 2016, 102 students graduated from the co-op stream, earning an average of $71,930 after joining the workforce. For the 84 students graduating from the full-time MBA, the average salary $60,125.

There’s more exciting developments for the DeGroote MBA in 2018 as well. Currently, the school is reviewing proposal for a part-time blended MBA that would offer a blended learning experience combining both online and in-residence components. You can read more about whats in store at DeGroote here.

Jan 24, 2018

MBA on the Lake: Higher Learning in Chicago & Toronto

MBA on the Lake: Higher Learning in Chicago & Toronto

To have some type of natural source to balance out the cacophony of city life is crucial to a healthy mind. Not every major city is a concrete jungle, completely broken off from its former natural self or its surroundings. It might surprise city slickers the amount of wilderness opportunities that exist just outside their doorstep.

Take Toronto, for instance. Situated on the shoulder of Lake Ontario, Toronto is surrounded by plateaus, deep forest, ravines, and three rivers. While other Canadian cities may beg to differ, Toronto is the financial and cultural capital of the country. It has long been a hub for migration since the days of the Huron and Iroquois and houses the five largest financial institutions in Canada.

As the heart of American transportation and distribution, Chicago’s metropolitan reputation belies its abundance of natural splendors. Located at the toe of Lake Michigan, the Second City plays host to a wide array of green spaces—arboretums, nature centers, conservatories, and botanical gardens—as well as lakeside walking and biking paths.

Both Chicago and Toronto are world centers for higher education and research, yet offer resplendent surroundings to maintain a balanced state of mind. Both offer much more affordable living situations than New York or San Francisco and are highly underrated for their cultural appeal. Whichever you choose, you will find established, reliable education in your pursuit for the proper MBA. Last month, we analyzed the best part-time offerings in both metros, but let’s take a closer look at the full-time MBA options.

Our Favorite Toronto Full-Time MBA Programs

York University – Schulich School of Business

The Schulich School of Business at York University offers 18 MBA specializations. In addition to full-time programs, the school also accommodate working students with part-time programs that offer both day and evening courses. Students are also able to switch between full and part-time status during their tenure to suit their needs. In 2016, 89 percent of students were hired within three months of graduation by 140 companies. Graduates were employed with an average salary of $91,860 USD and an average signing bonus of $12,050.

McMaster University – DeGroote School of Business

DeGroote School of Business at McMaster University offers full-time and part-time options, as well as a three-year paid work term co-op schedule. Full-time applicants are required to have one year of full-time continuous managerial, professional, or technical work experience (this is where the Co-op plan can come in handy—work as you go). The school offers seven specializations and International study. About 94 percent of recent graduates were employed within six months (over the last two years) with an average starting salary of $71,930 USD.

Western University Canada – Ivey Business School

The Western University Canada Ivey Business School is technically located just outside of Toronto, in London, Ontario. The school offers a full-time program that gives students an opportunity to work with over 200 recruiters, with about 66 percent of graduates finding jobs in Canada. In 2017, 91 percent of the graduating class received a job offer by September 1. Average starting salaries were typically around $90,000 USD with an average signing bonus of $15,000. Other compensations averaged at $9,875.

CHECK THIS OUT: Kings of the North: Should You Get a Part-Time MBA in Chicago or Toronto?

University of Toronto – Rotman School of Management

Students in the Rotman School of Management full-time MBA program are offered 16 major options and more than 90 electives to allow for a very customizable experience. Between 2016 and 2017, 85 percent of full-time Rotman MBA students were employed within six months of graduation and 80 percent landed jobs just within three months. Average starting salaries were $85,000 USD with an average signing bonus of $13,500.

Ryerson University – Ted Rogers School of Management

MBA applicants at the Ted Rogers School of Management at Ryerson University are given two full-time options: the Global MBA or an MBA in the Management of Technology and Innovation (MBA-MTI). Their Global MBA program strives to help their graduates “understand the global context of various industries and have the knowledge necessary to drive innovation and deliver as capable and confident leaders.” The MBA-MTI helps students “gain the skills needed to manage within companies that are focused on tech and innovation.” Last year, about 80.3 percent of graduates found employment within three months of graduation and earned an average starting salary of $89,250 USD.

Our Favorite Chicago Full-Time MBA Programs

Booth School of Business – University of Chicago

The University of Chicago Booth School of Business offers what the school calls the “world’s most flexible MBA program,” and is regarded by U.S. News & World Report as the third best full-time offering in the U.S. The curriculum consists of 20 classes—nine mandatory and 11 courses tailored to personal interest—plus a Leadership Effectiveness and Development (LEAD) program. As of September 2017, an absurd 97.1 percent of graduates reported having received full-time job offers within three months, with 95.3 percent accepted offers in that time. Average starting salaries were an impressive $125,000 with an average starting bonus of $25,000.

Kellogg School of Management – Northwestern University

The Kellogg School of Management at Northwestern University offers two full-time MBA variations, either to be completed in one or two years. The school’s 2017 employment report, which can be downloaded here, detailed that 94.1 percent of graduates received job offers within three months and 90.8 percent of those grads accepted job offers. The average starting salaries for graduates with three-to-five years of work experience was an unsurprisingly lavish $128,686.

Like the Booth School of Business, when comparing Chicago and Toronto programs, financial gain is clearly an advantage for those who elect to study in the U.S. However, perhaps unsurprisingly, schools like Kellogg come with a steeper tuition cost. Applicants for the One Year full-time program should expect to pay more than $133,000 for the entire program, while those in the Rotman School of Management will have to pay around $75,000 USD.

Kellstadt Graduate School of Business – DePaul University

At the DePaul University Kellstadt Graduate School of Business, students can obtain a full-time MBA with the availability of 100 courses in 20 MBA concentrations and 17 specialized Master degrees. In 2016, within six months 89 percent of surveyed graduates were employed, 14 percent being entrepreneurial, contract or freelance. Average starting salaries were about $82,200.

Liautaud Graduate School of Business – University of Illinois at Chicago

The Liautaud Graduate School of Business at the University of Illinois at Chicago full-time MBA is a 13.5 course program, with six courses designed to deepened functional business knowledge, while the remaining 7.5 are geared towards allowing students to customize their experience towards their personal career interests. They provide twelve concentrations in their MBA program.

Mendoza College of Business – Notre Dame

The Mendoza College of Business at Notre Dame University offers two traditional full-time MBA options, which can be taken in two years, or just one in a more accelerated format. According to employment statistics recently released by the business school, about 88 percent of Two-Year full-time students were given a job offer within three months of graduating, with about 86 percent of those graduates accepting the offers. Like many of the major business schools located in the Chicago metro (although, yes, Notre Dame is technically in Indiana), full-time MBA grads enjoyed a lush base salary upon employment, with an average salary of $105,000 for the Class of 2017. Median signing bonuses also ranked in the higher end of the schools on this list, coming in at around $20,000.

The Mendoza College of Business is one of the many business schools in the U.S. that has seen a dramatic shift in terms of graduates moving into the tech industry. Three industries in particular dominated when it came to employing Mendoza MBA grads: tech, financial services, and consulting. However, a slim majority (24.7 percent) joined the tech industry, enjoying salaries slightly higher than the Mendoza average, coming in at $110,000.

Quinlan School of Business – Loyola University

The Quinlan School of Business offers full-time MBA offering is one of the most affordable high-quality Chicago options out there, with the most recent full-cost of the program coming in at $73,422; comparable to many of the aforementioned Toronto programs. And unlike many of the programs on this list, Quinlan isn’t located in some quaint suburb. Rather, the school is centered right on the historic Magnificent Mile in Chicago, fully integrated into the vibrant city.

Jan 22, 2018

The QS World MBA Tour Is Coming To Toronto

The QS World MBA Tour Is Coming To Toronto

The QS World MBA Tour will be stopping in Toronto on Saturday, February 3, 2018.

Potential graduate school applicants attending these events will have an opportunity to connect with alumni from many of the most prestigious schools in the world, including the likes of The Wharton School at the University of Pennsylvania, Harvard Business School, the Stanford Graduates School of Business, and much more.

Details on the event website read as follows:

“The QS World MBA Tour gives you the opportunity to network with admissions directors and alumni from over 120 business schools around the globe. Our fairs feature top local and international business schools presenting a diverse range of programs to choose from and a chance to apply for a pool of exclusive MBA scholarships, totaling $7m [million]! The QS World MBA Tour takes place in 23 cities across the US and Canada; find an event in a city near you and discover the many benefits that an MBA has to offer.”

Registration and further details for the Toronto event can be found here. For those not in the metro, check out the rest of the QS World MBA Tour dates, listed below.

  • Boston: Thursday, January 18, 2018 – 4:30 – 9 p.m.
  • New York: Saturday, January 20, 2018 – 1:30 – 6 p.m.
  • Washington DC: Tuesday, January 23, 2018 – 4:30 – 8:30 p.m.
  • Chicago: Thursday, January 25, 2018 – 4:30 – 8:30 p.m.
  • Los Angeles: Saturday, January 27, 2018 – 1:30 – 6 p.m.
  • San Francisco: Sunday, January 28, 2018 – 1:30 – 6 p.m.
  • Vancouver: Tuesday, January 30, 2018 – 4:30 – 9 p.m.
  • Montreal: Thursday, February 1, 2018 – 4:30 – 9 p.m.
  • Toronto: Saturday, February 3, 2018 – 1:30 – 6 p.m.

Registration and more information on the QS World MBA Tour events can be found here.

Jan 18, 2018

20 Cities Survive Amazon HQ2 Shortlist

20 Cities Survive Amazon HQ2 Shortlist

Four months after Amazon announced plans to construct a second headquarters, North American cities have been making grandstanding pleas in order to court the ecommerce behemoth. New York City’s mayoral office lit up the Empire State building with Amazon’s glowing orange hue in a symbolic gesture, while certain cities like Chicago went the more extreme route, proposing laws that could funnel income taxes directly back to the company. After much speculation, here is the official Amazon HQ2 shortlist:

  • Atlanta
  • Austin
  • Boston
  • Chicago
  • Columbus, Ohio
  • Dallas
  • Denver
  • Indianapolis
  • Los Angeles
  • Miami
  • Montgomery County, Md.
  • Nashville
  • Newark
  • New York
  • Northern Virginia
  • Philadelphia
  • Pittsburgh
  • Raleigh, N.C.
  • Toronto
  • Washington, D.C.

Unsurprisingly, most of the cities that made the cut were among the largest in North America, with only one Canadian city—Toronto—left standing. Over 230 cities from the U.S., Canada, and Mexico made official bids for the company’s second headquarters, with Amazon prioritizing tech-centric metros of populations larger than 500,000. In fact, only four of the 20 metro areas—Miami, Nashville, Newark, and Pittsburgh—have a population of less than half a million, with Newark being the smallest of the entrants. Notably, Newark offered perhaps the largest financial incentive to the company, proposing upwards of $7 billion in tax incentives.

How the Amazon HQ2 shortlist was formed is not totally known, according to the New York Times:

“According to people briefed on the process who would speak only anonymously because the deliberations were private, the process was conducted by a team of about a dozen people within Amazon, including economists, human resources managers and executives who oversee real estate. Jeff Bezos, Amazon’s chief executive who was the mastermind behind turning the search into a public process and coined the term “HQ2,” was also involved, the people said.”

At the time of the initial announcement, Amazon released a stream of positive economic statistics about its impact in Seattle, home to the original headquarters. The company stated (although these statistics are still not yet verified by any source outside of Amazon) that it added $38 billion USD to the value of the city from 2010-16 alone, due to its investments and rapidly expanding workforce. Detractors argue that the financial value added to the city did not positively impact the quality of life, however, with more than 51 percent of Seattle residents making less than $50,000 per year and more than quarter of city residents earn less than $25,000 per year. The influx of high-level employment also contributed to rapidly rising housing costs and poorer traffic.

Experts from CNBC believe that Raleigh might be the front-runner of the remaining entrants, which matches the initial bid criteria the most. Although some speculate that Austin most aligns up with Amazon’s future. The company declined to announce when the final decision will be made.

What Amazon Means For MBA Students

Not so secretly, Amazon has become one of the world’s largest MBA recruiters, hiring students from top schools all over the world. We’ve previously outlined the details of why it has become such an attractive destination for business school students.

The company creates a direct pipeline from its MBA internship program to full-time employment, which should rapidly increase with the creation of HQ2. In a previous interview with the Financial Times, Miriam Park, the Amazon Director of University Programs, highlighted the company’s recruitment strategy:

“The Amazon recruitment process is designed to ensure we hire top candidates with high-growth potential whatever their background may be. As part of this we recruit current MBA students and MBA alumni for permanent and internship opportunities worldwide and see MBAs as an important part of our leadership development. We value people who can balance long-term strategic thinking with tactical execution, and who have the ability to make data-driven decisions.”

Stay tuned for more information about the second headquarters and more potential MBA employment opportunities with MetroMBA.

Jan 18, 2018

New Ryerson University Research Finds Immigrants Take Greater Business Risks

New Ryerson University Research Finds Immigrants Take Greater Business Risks

A new study from the Ted Rogers School of Management at Ryerson University investigates the role immigrant entrepreneurs play in global markets, finding that greater business risk does isn’t always worth the reward.

Continue reading…

Jan 17, 2018

What Are The Most Valuable Toronto MBA Programs?

What Are The Most Valuable Toronto MBA Programs?

For prospective MBAs, looking at the price tag of earning a degree can be startling- and may even deter talented business leaders from pursuing an advanced education. The fear is certainly justified: an MBA from some of North America’s top business school can reach upwards of $100,000.

Yet, when considering the well-recorded increase that most professionals witness in their salary after earning an MBA, along with a greater likelihood of finding employment, the seemingly impossible cost of an MBA can seem more within reach.

Factors like the cost of a degree, salary increase after graduation and employment rate of graduates are all key numbers that must be considered together before one can determine the true cost of a degree. Below, we take a glance at these different numbers and round up the Toronto MBA programs that provide the best return on investment.

Ivey Business School – Western University Canada

The Ivey Business School at Western University Canada MBA program began in 1950, and has since established itself as one of the best offerings in the world. The business school’s rich legacy has been recognized again and again by the likes of Bloomberg, which touted its MBA as the 11th best international MBA program in 2017. Ivey, with its main teaching center on Western University’s campus in London, Ontario, offers a variety of MBA experiences, such as an full-time, Accelerated, and Executive MBA. The Tangerine Leadership Centre in Toronto’s downtown business district also offers EMBA courses through the Ivey Business School.

The full-time MBA at Ivey is a 12-month program that costs $88,250 to attend for domestic students and $101,500 USD for international applicants. According to the most recent Ivey employment report, about 91 percent of the 169 students in the Class of 2017 earned a job opportunity shortly after graduation, reporting an average salary of $103,560. More than one-third of the Class of 2017 also earned a singing bonus upon employment with a median value of $15,000. Signing bonuses for Ivey MBA grads ranged as high as $45,000 alone, proving that even with high price tag, the degree can immediately pay off.

Ivey Return on Investment (In USD)

Ivey MBA TuitionMedian Signing BonusMedian Annual Salary

Schulich School of Business – York University 

The Schulich School of Business at York University offers students a number of ways to pursue an advanced business education, from full-time, Executive, and International MBA programs as well as offering Master’s degrees in accounting, finance, business analytics, and more. The Schulich International MBA is the first of its kind in Canada, and the Kellogg-Schulich Executive MBA is North America’s first ever cross-border executive MBA degree. However, length of programs should be taken into consideration, since it will determine the time without a full-time income; an important distinction for students that are looking to enter the workforce as soon as possible. At 16-20 months, an MBA at Schulich will take slightly longer to earn than year-long programs like at Ivey.

Roughly 89 percent of graduates from Schulich’s MBA programs find a job within three months, earning an average base salary of $91,860 USD and an average singing bonus of $12,050. Full-time MBA students at Schulich will pay a tuition of $77,900 during the life of the degree, while part-time students pay $81,000. Meaning, grads typically earn about $10,000 more in their first year of employment than the entire cost of the program.

Schulich Return on Investment (In USD)

Schulich MBA TuitionMedian Signing BonusMedian Annual Salary

Rotman School of Management – University of Toronto 

The Rotman School of Management at the University of Toronto can boast of origins dating all the way back to 1901, when the university first established a diploma program in commerce. By 1972, the School of Business was an official part of the university, and hasn’t stopped growing since. Today, the Rotman School of Management has become universally recognized by the likes of Financial Times the and Bloomberg as one of the best business schools in the country. Located in downtown Toronto, Rotman offers a two-year, full-time MBA degree, but also more flexible options such as part-time morning and evening MBA programs, executive MBA, and an 18-month Global Executive MBA.

The two-year, full-time MBA tuition at Rotman comes with a price tag of $101,350 CAD ($74,999 USD). However, graduates—80 percent of whom typically find employment within three months after earning their degree—saw a median base salary of $85,000 and median signing bonus of $13,500. This salary increase seems to be typical of MBA graduates in Canada, so considerations of employment rate and program duration may be most important when evaluating Return on Investment for top programs in Canada.

Rotman Return on Investment (In USD)

Rotman MBA TuitionMedian Signing BonusMedian Annual Salary