In the third part and the most sought after part of the interview with Imran Kanga, we discuss the Curriculum Structure and the Post-MBA opportunities at Schulich School of Business.
Schulich offers 18 specializations. Among them, which are the top 3 in popularity? When can students start their specialization?
Students choose their electives and specializations in the 2nd year of the program and have the opportunity to specialize in up to two areas. Many of our students combine Marketing with Strategy, or Finance and Strategy for example. Students are also able to combine functional specializations such as Marketing or Finance with one of our many industry specializations – everything from global mining and retail to health, entertainment or real estate and infrastructure. This ability to combine functional areas with industries helps differentiate our graduates. There is a lot of choice and flexibility given to students that allow them to customize the program to meet their individual needs.
The three most popular specializations are Finance, Marketing, and Strategic Management.
In the second part of the interview, Imran Kanga - Assistant Director, Graduate Recruitment & Admissions reveals the biggest misconception about Schulich Full-time MBA program and the massively popular International Field Study project.
What is the biggest misconception about Schulich Full-time MBA program?
I think a common misconception students have about our MBA is that our program is best suited for students who would like to pursue careers in Finance and Marketing. While the Finance and Consumer Products sectors do tend to recruit a large number of Schulich graduates, I think our program has strengths beyond just these two sectors. For example, our students gain live consulting experience in Canada by working with companies on consulting projects during the program, so students that would like to pursue a career in Consulting would also benefit immensely from our program. We also offer some very niche and unique industry specializations like Arts and Media, Real Estate and Infrastructure, Social Sector Management, Business and Sustainability and Healthcare Industry Management. So students that have diverse interests in these areas would also be a great fit for our program.
In the first part of the interview, Imran Kanga - Assistant Director, Graduate Recruitment & Admissions shares about the various MBA program options and the teaching methodology used at Schulich School of Business.
The Schulich MBA has an unusual option – switching from Full-time to part-time and vice versa. How does it work logistically? When should candidates opt for this option?
The Schulich MBA program is one of the most flexible programs in the country today. Students have the option to start the program part-time or full-time but can also switch back and forth during the program.
Students need to complete 20 full courses (60 credits) to graduate. They can do this full time in 4 terms (taking 5 courses per term) or part-time over 10 terms (taking 2 courses per term).
A student would benefit from this option because it helps students maintain a work-study balance. Let’s say a student is working with a company and he starts the program part-time in the Fall. During the winter term, if work is relatively slow the student can add a few more courses and study Full time for that term. In the next term, as work...
We interviewed J.D. Clarke - the Executive Director, Recruitment of Admissions (Masters Programs) to learn about the biggest Misconception about Ivey MBA and the admission process for getting into the one-year MBA program.
What is the biggest misconception about Ivey MBA program?
The one that causes many potential candidates to self-select out of the process is probably the misconception that we only have students from business or engineering backgrounds in the program. In fact, we seek out students who have diverse experience as it adds to the overall classroom experience. We have had doctors in the program, military personnel, students with arts and music backgrounds, professional athletes, and the list goes on.
Our students have mentioned learning from peers as the most surprising part of the classroom experience.
If you’re a candidate with a non-traditional background who is wondering whether you could be a fit for our program, we encourage you to have a conversation with us!
With the emphasis on real-world experience, do you think case study method would become irrelevant and replaced by experiential learning modules? ...
Read the First Part of the Interview with Nikki Da Silva, where we discuss self-development labs and Rotman Full-time MBA Curriculum
In the second part of the Interview Series, Nikki shares the opportunities for career switchers, post-MBA mobility trends and a unique feature of Rotman Full-time MBA – Flexible Internships.
What percentage of the MBA Class successfully switched job functions? How can career switchers get maximum value out of Rotman MBA Curriculum?
Job switch can be defined beyond simply a functional switch as many of our MBAs identify a goal of switching industry and/or geography, and sometimes all three. Broadly, more than 95% of our class identifies as career switchers. When drilling down to function, typically more than 70% of the class successfully switches functions (the recent historical range is 67%-77%).
There are a number of things career switchers should do to maximize their program experience. Start the Career Foundations modules online before the Program even begins, join...
In the first part of the Interview with Atul Jose (Editor, F1GMAT), Niki da Silva, the Managing Director of Rotman’s Full-Time MBA Program, shares the common misconception about the full-time MBA program, the motivation behind the self-development Lab and the curriculum structure of Rotman Full-time MBA
What is the biggest misconception about Rotman Full-time MBA?
Our proximity to downtown Toronto provides so many benefits for our students to build their network and connect directly with alumni and organizations. This may create the misconception that all Rotman grads are “Bay Street bound” for traditional management consulting and investment banking roles. One of the benefits of a relatively large class size (intake of 350) is that we certainly do have students targeting these highly sought after post-MBA roles, but, we also have students pursuing start-ups, technology, healthcare, innovation, real estate, and many others industries and functions. The diversity of our class definitely shows up with a broad range of post-MBA roles, and the common theme is that our grads have a real desire to make a difference and have an impact wherever their career takes them.
Although the Trudeau government has rechristened the Citizenship and Immigration Canada (CIC) to Immigration, Refugees and Citizenship Canada, the rules for MBA and post-graduate International students have remained the same. For MBA students, the route to finding opportunities is through the Post-Graduation Work Permit (PGWP) Program.
When should you apply (PGWP)?
Within 90 days of completing your courses, you should apply for PGWPP, confirming that you have met the minimum requirements (Course Credit, Grades) for the academic program. For Business Schools, the date of completion will be different from the date of convocation. Don’t wait till the official ceremony. Apply when your student visa is valid.
How many years (months) is the PGWP valid?
The rule is simple – you cannot get PGWP with validity longer than the program’s duration. If you are completing your 2-year Full-time MBA from say Rotman School of Management, the validity of the post-graduation work permit will be a minimum of three years.
You are not eligible for PGWP if:
• You Availed the Canadian Common Wealth Scholarship Program(funded by Global Affairs Canada (GAC))...
MBA Applicants planning to join Canadian Business Schools have a natural curiosity to compare the MBA program offered by Canada with that of top American Business Schools. You have to understand the inherent difference in values between the American and the Canadian society. Although we don’t want to do a case study on over 60 social, individual and religious values, learning about some of the key difference between the two societies is essential if you are planning to choose Canada as your MBA and post-MBA location.
The Constitution of Canada lists the fundamental freedom for everyone in Canada. The freedoms have been articulated as:
1. Freedom of Thought: Cited as the foundation for freedom of religion and expression, you are free to hold thoughts or beliefs, independent of what others in the society think.
2. Freedom of Religion: You are free to follow a community, religion or implement practices and teachings through worship or compliance to a sacred text. You are also free to change your religion.
3. Freedom of Expression: You are free to express your thoughts and beliefs through speaking, writing, and reading.
4. Freedom of the Press: An evolution of the Freedom of Expression - the freedom of the press, allows publications and media to share information, both positive and negative...
If you are a Canadian, the incentive to pursue an MBA and join Business Administration is high as roles in Business with a Bachelor’s degree is the 20th best-earning degree in Canada.
A Master’s degree pushes your median salary to the 3rd best in Canada with $92,050.
The interesting part is that if you have a Pharma background, switching to Business Administration would reduce your earning capacity even if you return to the Pharma industry. However, Engineers can expect to increase their earning capacity between 15 and 21% with an MBA.
Finance is the most popular post-graduate program despite the 2008 financial meltdown cutting out almost 70% jobs for Finance professionals aged 28 and below.
The unemployment rate among the group now is 6.7%, lower than the national average of 7%. The quick recovery has pushed Finance back to the top in Canada.
The Above Post is an Excerpt from the Book - Why Canada: A Complete
Career Guide for MBA Applicants.
Download it from...
Although not as dependent on Oil & Gas as Alberta, Saskatchewan earns a large chunk of its revenue from Agriculture, Minerals, Forestry, Life Sciences, Manufacturing, and Energy sectors. The worsening Potash price, as reported by the losses of Potash Corp, is one of the worst in a decade for the Fertilizer major, but the province has the second largest reserve of Potash – a key ingredient used in fertilizers. For 2016-17, the province is projecting a deficit of $259 million; that means no drastic spend cutting but layoffs in the major contributing sectors. Despite the current economic setback, Saskatchewan has a history of dominating the provinces when it comes to per capita GDP, just behind Alberta, at C$73,759. Like Canada, Saskatchewan goods and services found the largest market in the US, receiving 55% of the total $33 billion exports in 2015. China, India, Japan and Brazil were the other markets where the province found the largest markets with the Asia market growing from $2.2 billion in 2004 to $8.6 billion in 2015.
With 44% of Canada’s total cultivated farmland confined in the province, Saskatchewan leads other provinces as an exporter of durum wheat, lentils, dried peas, mustard, flaxseed, and canola. Agri-...
British Columbia (BC) is a relief for the Canadian Economy. The real GDP for the province is expected to grow at an average of 2.2% till 2024. One reason is that BC is not dependent on the Energy Sector for their primary revenue. For a 10-year period 2014 to 2024, the Employment rate is projected to grow at 1.2% on average, every year. Companies need Managers to manage the diverse workforce, resources Technology, and Strategy. MBAs planning to join the Technology, Manufacturing, and Finance sectors, will find long-term career paths in the region. In terms of GDP contribution by sector, Oil & Gas is ranked #11.
The Small Business boom in the province explains why a province that came to prominence with contribution from non-renewable energy has now moved away to service in a big way. The latest Small Business Profile report shows that BC is ranked #1 in the Country, tied with Saskatchewan as the province with the highest per capita of small businesses (82.6 for every 1000 people). The number is nearly 12 points higher than the national average. According to the 2014-15 survey, 98% of all Businesses in BC were small businesses, running to a total of 382,600, out of which 4 out of 5 were micro-businesses with less than 5 employees.
BC has managed to duck the crisis witnessed in rest of the resource-dependent provinces of Canada by...
Quebec has a history of separatist tendencies. A feeling of historical injustice ran root from the time the British took over the province in 1760, but with the formation of Canada, the referendums in 1980 and 1995 were two moments when the province came close to pulling out of Canada. The unique French identity in a country dominated by British ancestry and culture becomes apparent in the city signboards and language of choice.
The majority French population has maintained the unique demographic composition for 300 years. 60.1% are Canadian citizens, of which the majority has French ancestry in Quebec. The largest ethnicity of immigrants is French (28.8%).
For other ethnicities, immigration into Quebec is not easy. The province has an arrangement with the Government of Canada, according to which, there are a narrow set of rules based on which immigrants are chosen. Only after the Quebec government issues a Certificat de sélection du Québec (CSQ), you can apply for permanent residence. The other two routes to Quebec are through the Entrepreneur and Investor programs that require a declaration of assets worth C$300,000 and C$1,600,000 respectively.
The GDP of the province is at C$363 billion with 70% of the per capita income contributed by goods and services. Quebec leads Canada in the Aerospace, Life Sciences, IT (Technology), Hydroelectricity, and Green Technology industries....
Ontario is the provincial powerhouse that generates 37% of Canada’s national GDP, employing over 50% of all employees in Financial Services, Knowledge, and Technology sectors. Blessed with the second largest area, Ontario covers 1 million square kilometers with Quebec and Manitoba enclosing the borders on the east and the west respectively. The Great Lakes (Lake Superior, Lake Michigan, Lake Huron, Lake Erie and Lake Ontario), which accounts for world’s one-fifth of fresh water supply was the basis for industrial development in Canada. For early European settlers, the lakes were inroads into the vast resources in Ontario. With 98% of all Ontario residents settled near the Great Lakes and St. Lawrence River Basin, the influence of waterways on migration and settlement in the province is paramount.
Toronto, the capital of Ontario, is one of the world’s most ethnically diverse cities with the inhabitants speaking over 100 languages and dialects; the most commonly spoken language apart from English include French, Chinese, Spanish, Italian, German, Polish, Punjabi, Ukrainian and Portuguese. The province is a favorite destination for immigrants with 40% of them, choosing Ontario over other provinces.
Ontario’s Manufacturers create products worth $275 billion, each year that includes 81.5% of the province's exports. There are...
When 45% of Canada’s GDP is contributed by Exports, mostly Oil & Gas, to the United States (79% of Canada’s total exports), we start believing that Canada cannot survive without Oil & Gas. It is in part true. Look at the International trade deficit. As of Dec 2015, Canada recorded 584.90 CAD Million in trade deficits. The surplus trade started faltering after the financial meltdown of 2008 when cash was in short supply; American consumers stopped spending, and eventually from 2014, the oil prices started falling.
If you look at the industries that contribute towards the GDP, there are a few surprises. Unlike the ‘less government’ cry from the majority of US Citizens, Canadian government workers, specifically the ‘Health Care and Social Assistance’ & the ‘Public Administration’ department combined contribute the most towards Canada’s GDP.
The top three industries are:
1. Real Estate and Rental and Leasing
3. Mining, Quarrying, and Oil and Gas Extraction
Unfortunately, real estate has a high correlation with the health of the Economy, which is driven by the employment opportunities. Oil & Gas extraction and related industries contribute the most towards Employment. Since the Financial Meltdown in 2008, the government has diversified the economic portfolio to a large number of industries. Manufacturing has...
MBA Applicants planning to join Canadian Business Schools have a natural curiosity to compare the MBA program offered by Canada with that of top American Business Schools. You have to understand the inherent difference in values between the American and the Canadian society. Although we don’t want to do a case study on over 60 social, individual and religious values, learning about some of the key difference between the two societies is essential.
Canadian society values diversity as an enabler for economic activity. Canada, like the US, is a nation built by immigrants. Unlike the US, where the diversity is noticeable in a few metropolitan cities, Canada’s workforce is driven by diverse professionals from the UK, France, Germany, Italy, China, Ukraine, India, Netherlands, Poland, Philippines, Russia, Norway, Portugal, Spain, Sweden, and Hungary.
It is no surprise to see the Canadian Prime Minister welcoming Syrians Immigrants with roses despite Europe at large and Americans in particular, looking at them with suspicion. According to the 2011 Census, 20.8% of the Canadian population is born in another country, the largest percentage of immigrants among the G8 Countries.
Over 62.5% of the immigrants chose Toronto, Montreal, and Vancouver as their destination. Among the three, one-third (32.8%) settled in Toronto, 16.3% in Montreal and 13.3% in...