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Interview with Jenni & Julia - Ivey MBA Admissions Team

Ivey MBA Admissions TeamF1GMAT: Ivey MBA has put emphasis on Case Method Learning. What are some of the unique courses and learning methodologies adopted in Ivey MBA program? 

Jenni & Julia (
Ivey MBA): We are one of only a handful of truly case-based MBA programs in the world.  We believe you can’t be lectured into becoming a great decision-maker, therefore the focus in all of our courses is on practical learning.  This means that we mix cases with real-world projects and simulation activities.  A few of our most popular courses are Value Investing (with George Athanassakos), Negotiating for Leaders, High Impact Presenting and our International Study Trips (to China, India and South America).

F1GMAT: What is the biggest misconception about Ivey MBA program? 

Jenni & Julia (Ivey MBA): One of the biggest misconceptions is that because we’re a case-based school, career opportunities are limited to the consulting industry.  While it’s true that about a third of our grads go into consulting, more than half go into other industries.  Typically another a third of the class goes into the finance industry and the final third into industries including consumer packaged goods, logistics and operations, technology, the health sector, and entrepreneurship.

Another common misconception is that we don’t teach the necessary business fundamentals with the case-method, and without traditional lecturing and textbooks. Not true at all!  First and foremost – we are a business school, and we ensure that our grads are equipped with all of the necessary knowledge and skills to succeed in the business world. The difference is that at Ivey, we go one step further than that – we use real-world simulations to teach these fundamentals and to prepare our students to think from a much broader perspective. We feel that this is what truly develops the best leaders; people who have to make decisions with too much or too little information, and can think, act and deliver with confidence. Faculty members act more as facilitators of discussion so students learn and form ideas on cases based on the perspectives of 140 other students, with diverse backgrounds.

F1GMAT:  Canada's Economy is 9th largest in the world. Canada is among the few economies to have shown steady recovery from the Global meltdown of 2009. Has the state of the economy affected the job prospects for Ivey MBA Students?

Jenni & Julia (Ivey MBA): We consistently have the highest placement rate in the country, and while there was a slight decrease in the number of postings that companies were hiring for after the 2008 crisis, we have seen those come back up and have maintained and grown relationships with recruiting firms.  If you’re curious to know where grads go after the MBA and the companies that formally recruit at Ivey, check out our Placement Report
 
F1GMAT: What are some of the networking opportunities provided by Ivey Business School?

Jenni & Julia (Ivey MBA): At Ivey, we offer a limitless number of networking opportunities with over 22,000 alumni in 99 countries. Some of our formal networking initiatives include:

Alumni Partnership Program: This program involves top Ivey alums who have volunteered to act as mentors to current students and alumni. Students can choose to be partnered with an alumnus based on a number of criteria including function, industry or geography.

Get Connected Event: The “Get Connected” event in Toronto is hosted by Ivey’s Career Management team in partnership with our alumni and top recruiting firms. For 3 days, students are exposed to information sessions, formal networking events, functional panels and mock interviewing events with Ivey recruiters and alums. This is the students’ official ‘debut’ or introduction to the market, following their 12-weeks of in-class Career Management programming.

Global Ivey Day: This is an annual event for Ivey students and alums around the world to connect, network and socialize. Events are hosted by alumni chapters all over the world, including a Gala event in Toronto, with live webinars and webcasts available for alums and students to join as well.

Informal Networking Opportunities: The Ivey community is an incredibly tight-knit group of individuals whose alumni are very engaged with the school. Every day presents an opportunity for informal networking with faculty, alumni and fellow students. This may be in the form of a student-lead recruiting trip, an alum guest speaker who comes to the school (which happens quite frequently), faculty members who take a vested interested in each student’s development and/or an individual relationship built with an alumnus contact through our Alumni directory.

F1GMAT: Does the Ivey MBA Program give emphasis on Entrepreneurship?

Jenni & Julia (Ivey MBA): Yes!  We even have a Certificate in Entrepreneurship that was created to provide students with a coordinated set of courses and experiences to best position them to begin their entrepreneurial journeys.  Student enrolled in the Certificate will be invited to participate in entrepreneurship programs and events offered by Ivey’s Pierre L Morrissette Institute for Entrepreneurship (such as 3x5 Dinners and Ivey Venture Forum) and will be preferred for entrepreneurship scholarships. 

For students who are interested in learning more about entrepreneurship, but perhaps not taking the Certificate, there are a number of elective courses they can opt to take, including a courses focusing on Family Business.  Additionally, one of the two options for the major project that students complete is called the Ivey New Venture Project (INVP).  INVP is an entrepreneurial, team-based field project that takes students through the process of developing/refining an idea for a new venture, researching and analyzing that opportunity, writing a detailed and compelling Business Plan and creating/presenting a “Business Plan Pitch” to an external review panel. 

F1GMAT: Who should join Ivey MBA Program?

Jenni & Julia (Ivey MBA): We're looking for people with ‘leadership DNA’; people with exceptional talent and ambition to succeed in areas they are passionate about. Our candidates represent a diverse group of backgrounds and experiences - culturally, professionally and personally. We like to see people with a strong track record of accomplishments and leadership success, with focused career aspirations. Because our program is 12-months, it’s important that those coming to our program have clear career goals in mind. Our program begins each April, with formal recruiting starting in September and no internship component.
                
Additionally, we want people who are looking for a unique MBA experience.  Our program is not for people who want to come to class, sit-back and take notes while the professor teaches. Ivey’s learning environment is dynamic and engaging – it’s for emerging leaders who are ready to lean forward and contribute their experiences to the learning of their peers. Additionally, our program is for people who are looking for an overall experience. Ours is not a commuter program where students come to class and then go their separate ways at night. The experience spills over outside of class with club and social activities, sports, case competitions, and general camaraderie and friendship amongst classmates. If you’re ready to commit and jump into an entire MBA experience for one year, than our program is for you.

F1GMAT: What makes Ivey stand out from its competition?

Jenni & Julia (Ivey MBA): There are 5 things we feel really set us apart from other MBA Programs:

How You Learn: Ivey is one of only a handful of schools that are truly cased-based.  Learning at Ivey is not about textbooks and lectures, it is about you being an active part of your MBA experience, and that means learning by doing.

Who You Learn With: Ivey attracts some of the most talented young professionals from all over the globe. In addition to their diverse cultural and geographical backgrounds, the quality of professional experience that students bring to the Ivey MBA classroom consistently raises the bar for the learning environment and student success year-over-year.

What You Learn: You learn how and when to apply core business knowledge. This cross-enterprise perspective of business combined with accelerated leadership capabilities prepares you for uncommon career success.

Who Came Before You: As an Ivey MBA, you’ll also have access to one of the most prestigious alumni networks in Canada and the world. That means more “who you knows” than you will likely ever need. Ivey Alumni are busy leading the business world, but they also maintain strong connections to the school as recruiters, guest speakers, sponsors, and mentors.

Where You’ll Go: The MBA program you choose should share your career goals. Our mandate at Ivey has never been just to prepare you for your first post-MBA job and be done with it. Rather, we want to give you the tools to create and navigate opportunities successfully throughout your career.

F1GMAT: Can you give our readers a demographic snapshot of the latest Full-time MBA program?

• Avg work experience = 4.8
• Average age = 29
• Average GMAT = 667
• Canadian : International = 70:30
• 47% born outside Canada
• 25% have more than one degree
• 40% have international work experience
• 27 different languages spoken




Undergraduate Major

Ivey MBA Undergraduate

Pre-MBA Experience


Ivey Pre-MBA

F1GMAT:
  What are the entry criteria in terms of the number of years of experience/GMAT/GPA for Ivey Full-time MBA program?

-    Minimum of two years full-time work experience; quality valued over quantity
-    GMAT score of 600+
-    Strong ‘B’ cumulative average over last two years of university (approximately 3.0 – 3.5 GPA)
-    TOEFL or Academic IELTS score required if English as a second language, or no education in an English speaking institution; 100 for TOEFL, 6 for IELTS
-    Track record of leadership achievements, professional or personal (extra-curricular activities, volunteer work)
-    Application components also include 2-3 professional references, 3 essays questions (250 words each)

F1GMAT: What are the post-MBA opportunities available for Ivey MBAs?

Jenni & Julia (Ivey MBA): For the 2010-11 Batch, Ivey MBA graduates achieved 90% placement across a variety of industries, functions, geographies and companies.

Post-MBA Offers (Industry)


Post-MBA Offers
 

Post-MBA Offers (Function)

Post-MBA Offers Ivey MBA

Download Ivey MBA Permanent Employment Report 2010-11

F1GMAT:
What are some of the defining characteristics that you look for in an Ivey MBA candidate?

Jenni & Julia (Ivey MBA): We're looking for tomorrow's leaders; people with exceptional talent and ambition to succeed in areas they are passionate about. These candidates represent a diverse group of backgrounds and experiences - culturally, professionally and personally. Building on your track record of accomplishments and leadership success, you have strong career aspirations and are looking for a dynamic and challenging MBA experience.

Key Elements

• Leadership:
From career success and promotion, to volunteer work and community initiatives, or other interests like athletics or the arts – we are looking for candidates who have demonstrated strong leadership orientation in previous experience, and can bring that into the Ivey classroom.

• Strong Academic Record: The Ivey program and case method require you to be highly analytical, and comfortable solving problems and making decisions with ambiguity or incomplete information. A strong academic history with a “B” average and solid GMAT score (min. 600) help to demonstrate these skills.

• Quality Work Experience: At least two years, full-time work experience ensures that you and your classmates will have experiences to contribute to team and class discussions, along with the context and maturity to apply this learning in a professional setting.

F1GMAT: Will the Interviews be conducted on-campus, through phone/Skype or during World MBA Tours? What qualities will be measured during the interview?

Jenni & Julia (Ivey MBA): We always attempt to conduct interviews in-person when possible. This may be on various recruiting trips across Canada or internationally, or during Class Visit Days at the school. Alternatively, a Skype interview is arranged.

During the interview, we will assess an applicant’s candidacy based on a number of factors including, but not limited to:

ability to articulate and structure thoughts and ideas clearly and articulately
clarity and focus of personal career goals (both short-term and long-term) and how the MBA fits into these plans
self-awareness and confidence
ability to identify the contributions that he/she will bring to the classroom and Ivey experience
• an understanding of the business market and current events
Examples of teamwork, client-facing skills, communication skills, leadership experiences, conflict resolution, etc.

Authors

Ivey MBA Admissions TeamJenni Denniston is the Associate Director of Recruiting and Admissions at the Ivey Business School.  She has a BA in Kinesiology from the University of Western Ontario (UWO), an HBA from Ivey and an MBA from the International University of Monaco.  Jenni was a lecturer at UWO prior to completing her MBA overseas, and post MBA she worked with two start ups in the Principality of Monaco, but moved back to Canada for the opportunity to join the Recruiting and Admissions team in 2008.

Julia Michienzi is the Communications Officer for MBA Recruiting & Admissions at the Ivey Business School. She started at the school five years ago in the Career Management department, advising and coaching undergraduate and graduate students on the development of resumes and cover letters to articulate their unique value proposition for top recruiting companies. Prior to starting at Ivey, Julia completed a Bachelor of Arts in English Language & Literature, and also has a post-degree diploma in Public Relations from the University of Western Ontario.

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