MBAA Q&A | Ivey MBAA
Skip to Main Content

MBAA Q&A

Please find below a list of the most commonly asked questions and answers from prospective students:

  1. What are the advantages and challenges of a 1 year program at Ivey?
  2. What are our placement rates?
  3. Does the school have any academic specialties or is it a more general management oriented program?
  4. What is a typical day for an Ivey MBA student and does that change throughout the year?
  5. Are there students who are married and have children in the program? How do they find a balance?
  6. What proportion of the work is team based vs. individual based?
  7. Where do students usually live? Is there on campus housing? Any specific suggestions?
  8. What are the different touch points between students and alumni?
  9. How academically diverse is the class? Will I be a disadvantaged if I don’t have a business degree?
  10. What’s the typical year like from an academic and recruiting perspective for someone who is looking to enter the various professions (consulting, finance, marketing, health sector and other industries)?
  11. What are the different ways to get involved in the Ivey Community?
  12. Are there many social events and outings? Any class trips?
  13. Are there many course options? Refer to website
  14. Is there anything I could do to prepare before I start the MBA program? Should I take the Preparatory Knowledge Program (PKP)?
  15. Does Ivey offer Internship opportunities throughout the year?
  16. Does Ivey participate in any joint MBA programs?
  17. Do you recommend bringing a car to London?
  1. What are the advantages and challenges of a 1 year program at Ivey?

    Advantages

    i. Opportunity Cost – the primary advantage of a one year program vs. a two year program all things being equal is the opportunity to earn income in your second year as opposed to spending another year in school paying tuition. The opportunity cost is estimated to double with a two year program although this will vary depending on the career path chosen out of school.

    ii. Efficient –At Ivey the MBA program is designed to provide the same learning opportunities and the same proportion of the classroom hours that a typical two year program would offer. The program is intense, lively and will keep you on your toes throughout the year with little time wasted. Further, the fast paced nature of the program will undoubtedly help improve your organization and multitasking skills.

    iii. Market Trends – The Richard Ivey School of business was one of the first top business schools to completely adopt the one year program and have successfully designed the program to the great satisfaction of students and recruiters. Increasingly, other business schools are looking to adopt such a model or offer their own one year program due to the recognized success and acceptance of this program among all stakeholders.

    Challenges

    i. Internships – Ivey does not currently offer summer internship opportunities due to timing constraints of the program. Such internships may be a consideration for those prospective students looking to test out certain opportunities before committing to their next career choice. The program is designed for people who know where they want their MBA to take them and have a transferable skill set from their previous work experience that will help them get there; it’s not for those who are unsure of what they want to do the one year program. However, it is important to note that the notion that internships improve the school’s overall full time placement opportunities is not accurate when it comes to Ivey as placement statistics have been consistently high over the years.

    ii. Amount of time networking – although the program offers plenty of networking opportunities through school organized alumni, recruiting and social events one can argue that another year of those same events would allow more time for networking and relationship building with your classmates.

  2. What are our placement rates?

    Please Refer to: http://www.ivey.uwo.ca/mba/docs/IveyMBA_Permanent_Employment_Report.pdf

  3. Does the school have any academic specialties or is it a more general management oriented program?

    The MBA program at Ivey offers courses that sufficiently cover all areas of business management. During the core module, students are enrolled in Accounting, Finance, Marketing, Operations, Economics, Strategy, Communications, Decision Making with Analytics and Leadership. During the elective periods, students have plenty of choices from each of the subject streams listed above. For example if students choose to focus on finance or strategy, the program provides students with the flexibility and options to select such courses during their elective periods. Ivey is sometimes labeled as a ‘consulting’ focused school because it utilizes the ‘case method’ approach to learning. Although the case method does lend itself well to a career in consulting, the approach is very effective in all areas of business as evidenced by the number of companies from different industries recruiting at the school and the success and diversity of our alumni.

  4. What is a typical day for an Ivey MBA student and does that change throughout the year?

    A typical day at Ivey is very busy and consists of classes, group meetings, school work (case prep), career management, club/sports meetings and liaising with friends. Although for the most part a typical day remains consistently busy throughout the year, certain activities will be prioritized at different times during the year. For example, if you are applying to consulting or finance jobs, the September-October time frame will be challenging as you will be preparing job applications, preparing for interviews, networking and attending information sessions, interviewing and trying to manage your school workload and other commitments.

    To help you envision a day in the life of an Ivey student, we will attempt to provide an outline of a typical day in the core modules and a typical day during the elective periods. Note that these are just generic outlines and the times of the activities will vary depending on the program schedule and student preferences.

    Core Period

    i. 7:50 am – first class starts
    ii. 9:10 am – break
    iii. 9:25 am – second class starts
    iv. 10:45 am – second break
    v. 11:00 am – third class starts
    vi. 12:20 pm – lunch
    vii. 1:00 pm – group meeting
    viii. 2:30 pm – individual case prep/read news
    ix. 5:30 pm – workout
    x. 6:30 pm – dinner
    xi. 7:00 pm – club meeting/extended dinner
    xii. 8:00 pm – sports game/liaise with friends
    xiii. 10:00 pm – career management/more case prep
    xiv. 12:00 am – bed time if it’s an early night!

    Elective period

    i. 8 am – first elective class starts
    ii. 9:30 am – break
    iii. 9:45 am – first elective class continued
    iv. 11:00 am – class ends/read news and review emails
    v. 12:00 pm – lunch
    vi. 1:00 pm – case/class prep
    vii. 4:00 pm – work out
    viii. 5:00 pm – New venture project or Internal Consulting Project meetings
    ix. 6:00 pm – club meetings
    x. 7:00 pm – dinner/liaise with friends
    xi. 8:00 pm – More school work or continue liaising with friends
    xii. 12:00 am – sleep!

  5. Are there students who are married and have children in the program? How do they find a balance?

    There is a significant percentage of students in the class who are married and a smaller percentage who have children. For the married class members integration and balance is easy. Many husbands and wives attend the social events and classmates are always very welcoming. For students with children, balancing social events, projects, exams, and recruiting events will require a bit more organization. However, finding that balance is no more challenging than having children while working fulltime. It’s also important to note that London is a great town to live in with children. There are many parks, events and programs provided for children in the London area. Housing in London is very affordable and commute times within town are very short – providing more resources and more time than available if attending school in a larger centre.

  6. What proportion of the work is team based vs. individual based?

    This is a difficult question and to a certain extent will depend on the individual student and their preferences. Students are assigned to teams at the beginning of each core module. Teams will generally meet daily to discuss and review the assigned cases before their upcoming classes. Moreover, teams will complete most class assignments and reports together. The assigned cases will require that each student prepare for them before hand to allow for a productive team meeting. These cases will generally take up most of the individual study time. You will find that students will also use their assigned teams or form other groups to study for exams together. It is important to note, that working in teams also takes place outside of classroom assignments including school clubs, sports and interview preparation. If we were to provide a range, we would say that everything considered the split could be between 40%-70% team based and the rest individual based.

  7. Where do students usually live? Is there on campus housing? Any specific suggestions?

    In general, students are divided into two areas: Windemere and Downtown. Students not living in those two areas are lightly scattered around London. For those living in downtown, most people live either in Cityplace, The Renaissance, or The Harriston buildings. The general consensus among the class is that if you have a car, live downtown. Most of your social activities will occur in downtown and school is a short 10-15 drive. Underground parking comes in very handy in the winter time

    Here is a list of property management companies to get you started: www.drewloholdings.com
    www.theharriston.com
    www.tricar.com/renaissance/index.html
    www.oxfordcenter.com
    www.timbercreekrentals.ca

  8. What are the different touch points between students and alumni?

    a. There are many school facilitated touch points throughout the year, however networking with alumni will largely depend on the individual students effort. School organized events include:
    i. Career management events (Corporate information sessions, Get Connected, Career fair, Partnership program)
    ii. Classroom speaker series (most courses are designed to include alumni speakers who are brought in to share their experience)
    iii. Leadership speaker series (several C-Suite leaders from different fields and industries are brought in to share their leadership experiences throughout the year)
    iv. Student Club Speaker Series (club’s will generally bring in speakers throughout the year to discuss their experience as it relates to a subject area and offer some student advice)
    v. Alumni student directory (students will have access to the alumni directory and may reach out to alumni to have informational meetings throughout the year; alumni are generally very receptive to such enquiries)

  9. How academically diverse is the class? Will I be a disadvantaged if I don’t have a business degree?

    Please refer to: http://www.ivey.uwo.ca/mba/docs/2011_class_profile.pdf

  10. What’s the typical year like from an academic and recruiting perspective for someone who is looking to enter the various professions (consulting, finance, marketing, health sector and other industries)?

    A typical year from an academic standpoint is very similar for all students irrespective of their academic interests. Please refer to question 4 above. However, so called ‘recruiting season’ differs depending on a student’s interest area. The primary recruiting season for the large consulting, finance and marketing firms generally occurs within the September-November time and is therefore a challenging period from a time management perspective for those students. Recruiting for students interested in the health sector and other industries will generally occur within the February-April timeframe. Although job posts for certain fields occur more frequently at certain times of the year, it is important to note that job postings for all types of positions will occur throughout the year.

  11. What are the different ways to get involved in the Ivey Community?

    There are many ways to get involved at Ivey. The first way is be part of the Ivey MBA Association (MBAA), either as President, VP Finance, VP Internal and VP External. Students holding these positions are elected by their classmates and have many responsibilities such as facilitating communications with Ivey faculty and administration as well as with external resources, managing the MBAA budget and reporting information to their classmates. Meet the current Executive Council: http://iveymbaa.ca/mbaa-executive-council/.

    Another way to get involved is to become a Senator. Senators are a resource, for both current and incoming students as they provide valuable information on a specific topic and organize various activities. Positions include Ivey Ambassador Senators, Games Senators and Women in Management Senators to name only a few. For a complete list of all the senator positions and to learn more about their responsibilities, please visit the MBAA website: http://iveymbaa.ca/student-senators/.

    Clubs are also a great way to get involved. There are two main types of clubs: career-oriented clubs, such as the Finance Club, Consulting Club and Marketing and Sales Club, and the leisure-oriented clubs, such as the Culinary Club and the Wine and Spirits Club. Whether it is as the Club President or member, getting involved in a club is a great way to learn more about a specific industry or topic. Career-oriented clubs will provide their members industry information and may also help members prepare for interviews by practicing cases and organizing mock interviews. Once again, please visit the website to learn more: http://iveymbaa.ca/clubs/.

    Last but not least, have fun! Even if you choose not to hold any of the positions mentioned above, join your classmates for social outings and get to know them better. Remember that an important part of your MBA experience takes place outside of the classroom!

  12. Are there many social events and outings? Any class trips?

    There are countless social events and outings! Whether they are carefully planned by the social senators or completely impromptu, you will have a lot of opportunity to celebrate. Reasons to go out include St. Patrick’s Day, Canada Day, Halloween, your friends’ birthdays, hockey games, and many more! Although you will not be able to attend every single one of them, we strongly encourage you to get the most out of your MBA experience and get to know your classmates outside of the classroom.

    There are also a number of class trips, the most notorious being the China Study Trip and the India Study Trip. These trips focus on doing business overseas and learning about a different culture. Therefore, you will have privileged access to manufacturing facilities and ports, get to meet with alumni as well other local business people and visit 4 cities. Both trips are elective classes, last about 10 days and take place in early December, which means you unfortunately may only choose one of them, should you decide to go on a study trip. Feel free to contact current students and ask them about their incredible learning experience!

    Career Management also puts together a great networking event in Toronto about 3 months into the program called “Get Connected”. This mandatory 3-day event allows students to network with Alumni and to attend many different industry panels and information sessions.

    Other class trips are organized by student themselves and include networking trips to Montreal, New York, Vancouver, Calgary and San Francisco and usually take place during the summer break week or during other days off.

  13. Are there many course options?

    Please refer to http://www.ivey.uwo.ca/mba/docs/Elective%20Course%20Offerings%20for%20website.pdf

  14. Is there anything I could do to prepare before I start the MBA program? Should I take the Preparatory Knowledge Program (PKP)?

    I highly recommend taking the PKP program even if you have a background in business. Those without a background will develop a foundation for when the program starts. For those with a background, PKP serves as a light refresher and a transition back into student life. In both cases, the social experience is what makes PKP. You have one month to get to know your classmates in a relatively stress free environment and PKP is filled with many fun social activities which helps to start forming friendships. If you are undecided whether to take a specific PKP course, I recommend contacting the instructor for the course syllabus. You can then decide whether it’s worthwhile for you to take that course.

    Also, it doesn’t hurt to start preparing for your future job search. You may want to get your CFA if you have an interest in finance or start reading a book about the case interview process if you have ambitions to become a consultant. You will be very busy when the program officially starts so it is recommended to get any certifications before you arrive since it is challenging to study for certifications and cases simultaneously.

  15. Does Ivey offer Internship opportunities throughout the year?

    Due to the intensive nature of the Ivey one year MBA, students are not provided an opportunity for internships. Students divide their time between class, case preparation, studying, extracurricular activities and career management. Within the school, however, there are many opportunities to take on leadership roles, such as becoming a member of the MBAA, or as a leader of a club or team. These opportunities provide students with a practical opportunity to hone their management skills during their year at Ivey.

  16. Does Ivey participate in any joint MBA programs?

    Ivey, in conjunction with the University of Western Ontario, Faculty of Law, offer a combined JD/MBA degree. This program offers students the ability to pursue a career in either business or law with a strong foundation of knowledge particularly where the two disciplines intersect.

  17. Do you recommend bringing a car to London?

    The short answer is yes; if you have a car, bring it. Having a car makes life a bit easier. That said can you get by without a car? This really depends on where you decide to reside within London. If you are going take residence in one of the Windermere buildings, then you can walk to school and generally find ways to get around to other places through your classmates. If you live downtown and you don’t have a roommate who has a car, then not having one is a hassle. Relying on people for rides all the time when student schedules are not necessarily aligned can be an inconvenience.