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El pasado 23 de diciembre, un trágico accidente de tránsito en la Zona Sur de Macapá , específicamente en el conjunto Laurindo Banha en Brasil, dejó como saldo la perdida de una joven de 22 años que se encontraba embarazada .
El suceso ocurrió cuando un vehículo, que circulaba por la avenida 26 de Julio , no respetó la preferencia y colisionó con una moto en la que viajaba la víctima como pasajera, mientras su esposo la conducía.
El incidente tuvo lugar en un cruce de las calles 19 de Julio y 26 de Julio , cuando el automóvil rojo se desvió hacia la moto, golpeando de lleno a la mujer que no llevaba casco protector.
El impacto causó que la joven cayera violentamente al suelo, golpeándose la cabeza contra la acera.
En un video registrado, se observa la caída de ambos, mientras el conductor de la moto, tras perder el equilibrio, cae inmediatamente detrás de ella.
La mujer queda inconsciente en el suelo, mientras su esposo rápidamente se levanta, se acerca a ella y, al darse cuenta de la gravedad de su estado, entra en shock debido a la angustia por su esposa y las fuertes lesiones sufridas por el impacto.
El hombre, que rápidamente intentó ayudarla, fue atendido por una ambulancia del Servicio de Atención Móvil de Urgencia (Samu ), junto con su esposa, quien fue trasladada en estado crítico al Hospital de Emergencias .
A pesar de los esfuerzos médicos, la joven no resistió y falleció a la mañana siguiente, el martes 24 de diciembre .
Tras el accidente, las autoridades locales, a través del Centro Integrado de Operaciones de Defensa Social (Ciodes) , confirmaron que el conductor de la moto no poseía licencia de conducir .
Por otro lado, el conductor del automóvil que causó el accidente sí tenía habilitación tipo 'B' y pasó un test de alcoholemia , el cual resultó negativo, descartando el consumo de alcohol como factor en el incidente.
Este trágico suceso resalta la importancia de respetar las señales de tránsito y las normas de seguridad vial.
La comunidad de Macapá se encuentra consternada por la muerte de la joven, que deja atrás a su familia, incluido su esposo, quien también resultó afectado por este lamentable accidente.
La tragedia, que ocurrió justo antes de las celebraciones de Navidad, ha generado un llamado a la reflexión sobre la seguridad en las calles y la necesidad de mayor conciencia por parte de los conductores al transitar por zonas de alta circulación.
¿Vale la pena cursar un MBA?
A medida que las tarifas de los programas de Maestría en Administración de Empresas (MBA) continúan aumentando, muchos profesionales se preguntan si la inversión realmente vale la pena. Los programas más prestigiosos pueden llegar a costar más de 80.000 dólares al año, lo que ha llevado a una disminución del 4,9% en las solicitudes de MBA en 2023, según datos del Graduate Management Admission Council (GMAC). Además, empresas líderes como Apple Inc. y Alphabet Inc. han eliminado la necesidad de este tipo de títulos para muchos de sus puestos. Ante esta situación, surge la pregunta: ¿es rentable obtener un MBA en el entorno laboral actual?
El retorno de inversión del MBA
Los MBA son conocidos por mejorar las oportunidades profesionales, aumentar la compensación salarial y facilitar ascensos dentro de las organizaciones. Este título otorga las habilidades y conocimientos necesarios para emprender un negocio o acceder a puestos gerenciales que, en muchos casos, requieren un MBA. Asimismo, permite a profesionales de distintos sectores cambiar de carrera o acceder a un mundo empresarial en el que las conexiones juegan un papel crucial.
No obstante, incluso en universidades estatales de gran calidad, obtener un MBA sigue siendo una inversión significativa tanto en tiempo como en dinero. La pregunta central sigue siendo si el beneficio financiero y profesional justifica este elevado coste.
¿Qué incluye un programa de MBA?
El contenido académico de los MBA cubre una amplia gama de temas empresariales, como contabilidad, finanzas, estadísticas, economía, comunicaciones y gestión. Estos programas no solo preparan a los estudiantes para trabajar en instituciones financieras, sino que también los capacitan para roles gerenciales o incluso para fundar sus propias empresas. Muchos programas de MBA permiten especializaciones en áreas como la salud, bienes raíces o tecnología, lo que incrementa su aplicabilidad en diversas industrias.
En general, los programas de MBA valoran mucho la experiencia laboral relevante, lo que explica la oferta de MBA ejecutivos (EMBA) diseñados específicamente para personas con experiencia en gestión o liderazgo. Estos programas suelen dar más importancia a la experiencia profesional que al rendimiento académico.
¿Tiempo completo o parcial?
Existen dos modalidades principales para obtener un MBA: a tiempo completo o a tiempo parcial. Los programas de tiempo completo suelen estar destinados a estudiantes más jóvenes, recién graduados de licenciaturas, que pueden dedicar tiempo completo a los estudios. Por otro lado, los programas a tiempo parcial, como los EMBA, están dirigidos a empleados que ya están en posiciones de liderazgo y buscan avanzar en su carrera sin dejar de trabajar.
Pros y contras de un MBA
Obtener un MBA tiene sus ventajas y desventajas. Entre los beneficios, se encuentra el potencial de obtener un salario más alto y avanzar en el mundo corporativo, especialmente si el título proviene de una escuela de prestigio. Sin embargo, no todos los MBA tienen el mismo valor en el mercado laboral. Un título de una institución desconocida o exclusivamente en línea puede no ser tan atractivo para los reclutadores.
Además, no todos los sectores valoran de la misma manera un MBA. Mientras que en el ámbito empresarial o de gestión puede ser imprescindible, en otras áreas puede no ser tan relevante, a menos que esté vinculado a otro programa especializado.
Alternativas al MBA
Para aquellos que buscan avanzar en su carrera en finanzas o negocios, pero no desean cursar un MBA, existen otras opciones viables. Un Máster en Finanzas, que se completa en un año, es una opción para aquellos interesados en inversiones, gestión de activos o riesgo financiero. Asimismo, programas como el Chartered Financial Analyst (CFA), que se estudia de forma autodidacta, ofrecen una formación exhaustiva y son altamente valorados en el proceso de contratación.
¿Incrementa un MBA el salario?
De acuerdo con un informe del GMAC, el salario inicial promedio para un graduado de MBA es de 125.000 dólares, lo que representa un aumento del 22% al 40% en comparación con aquellos sin este título. Sin embargo, este impacto varía según la escuela, el campo laboral y la experiencia previa.
Opinión de los graduados
El informe de GMAC Alumni Perspectives Survey de 2022 revela que más del 90% de los graduados valoraron positivamente su experiencia educativa, y el 85% consideró que la inversión fue rentable. Además, dos tercios de los graduados reportaron haber avanzado al menos un nivel en su carrera tras obtener el título.
Conclusión
Si bien obtener un MBA puede ser un gran impulso para la carrera profesional, su rentabilidad depende en gran medida de la institución de donde provenga el título y del sector en el que se desee trabajar. En un mercado laboral cada vez más competitivo, contar con un MBA de una escuela de prestigio sigue siendo una ventaja considerable. Sin embargo, para aquellos que no pueden permitirse el tiempo o los costos, existen alternativas igualmente válidas para avanzar en el mundo empresarial.
Decidir estudiar un MBA (Master of Business Administration) es un paso importante para quienes buscan destacarse en el mundo empresarial. Aunque la inversión financiera puede parecer elevada, las ventajas de obtener este título en una escuela de negocios reconocida justifican el esfuerzo, abriendo puertas a mayores oportunidades profesionales y salarios competitivos.
¿Qué es un MBA?
Un MBA es un programa de posgrado diseñado para profesionales con experiencia laboral que desean profundizar sus conocimientos en administración y negocios. Este título prestigioso, altamente valorado por empleadores, ofrece diversas especializaciones que permiten a los egresados avanzar en sus carreras o emprender nuevos desafíos.
1. Desarrollo de Habilidades Gerenciales
El MBA te equipa con las habilidades necesarias para liderar con éxito una empresa. Aprenderás a gestionar equipos, desarrollar estrategias de mercado, mantener la salud financiera de una organización y enfrentar situaciones críticas, como crisis financieras. También te prepararás para tomar decisiones importantes en momentos clave.
2. Amplia Variedad de Especializaciones
Existen diversas áreas de especialización dentro de los programas de MBA, lo que permite a los estudiantes elegir el camino que mejor se adapte a sus intereses y objetivos profesionales. Algunas de las opciones más populares incluyen:
Gestión General: Ideal para quienes buscan una visión integral de los negocios.
Negocios Internacionales: Enfocado en empresas globales y la alineación de objetivos comerciales a nivel internacional.
Finanzas: Orientado a roles como banqueros, gerentes financieros y analistas.
Emprendimiento: Perfecto para aquellos con ideas de negocio innovadoras que buscan lanzar su propio emprendimiento.
3. Acceso a una Red Empresarial Global
Uno de los mayores beneficios de un MBA es la oportunidad de hacer networking. A lo largo del programa, tendrás acceso a una red global de estudiantes, profesores y egresados con experiencia en gestión, lo que te permitirá obtener una visión profunda del panorama empresarial global.
4. Altos Salarios y Seguridad Laboral
Los graduados de MBA suelen disfrutar de salarios significativamente superiores en comparación con aquellos que poseen otros títulos universitarios. En países como Estados Unidos, el salario promedio anual para un egresado de MBA es de aproximadamente 102,100 USD, mientras que en Suiza puede alcanzar los 123,500 USD. Además, un MBA mejora tus oportunidades de ocupar posiciones de liderazgo en grandes corporaciones.
5. Preparación para Emprender
Muchos estudiantes optan por un MBA para adquirir los conocimientos necesarios para iniciar su propio negocio. Los programas de MBA suelen contar con profesores experimentados en el mundo empresarial, quienes comparten sus conocimientos sobre cómo evitar los errores más comunes y asegurar el crecimiento sostenido de una empresa.
6. Oportunidad de Cambiar de Carrera
Para aquellos que buscan un cambio de carrera o ascender a puestos administrativos, un MBA es una excelente opción. Aproximadamente uno de cada tres estudiantes de MBA utiliza su formación para explorar nuevas industrias o asumir funciones que no habían desempeñado previamente.
7. Perspectivas Globales
Obtener un MBA internacional te permite vivir y estudiar en el extranjero, sumergiéndote en diferentes culturas empresariales. Esto te brinda una nueva perspectiva sobre cómo se gestionan los negocios en otros países y te prepara para un entorno global en constante cambio.
8. Flexibilidad de Estudio
Existen opciones de MBA en línea y MBA a tiempo parcial que permiten a los estudiantes equilibrar sus estudios con sus responsabilidades laborales. Estas modalidades son ideales para quienes desean continuar trabajando mientras obtienen su título.
9. Experiencia Real para Ejecutivos
El MBA Ejecutivo (EMBA) está dirigido a profesionales con más experiencia que buscan fortalecer sus habilidades directivas. Los programas EMBA suelen ser flexibles, permitiendo a los estudiantes continuar con sus trabajos a tiempo completo mientras cursan el programa.
10. Un Retorno de Inversión Garantizado
Aunque los programas de MBA pueden ser costosos, el retorno de inversión suele ser rápido. En muchos casos, los graduados logran cubrir el costo de su educación en solo dos o tres años gracias a los altos salarios y las oportunidades laborales que se les presentan.
En conclusión, un MBA no solo te proporciona habilidades avanzadas de gestión, sino que también te prepara para un mundo empresarial cada vez más competitivo y globalizado, garantizándote una ventaja competitiva a lo largo de tu carrera.
Hult International Business School ofrece programas de MBA diseñados específicamente para desarrollar las habilidades más demandadas por los empleadores a nivel mundial. Los estudiantes que se gradúan obtienen competencias prácticas, conocimientos aplicables y una mentalidad efectiva para transformar tanto su vida personal como profesional.
Programas a Tiempo Completo (1 año)
Con una duración de un año, estos programas inician en el otoño de 2025 y proporcionan una experiencia educativa transformadora en campus internacionales. Las opciones de campus incluyen Boston, Londres, San Francisco y Dubái.
Especializaciones disponibles:
Análisis de Datos
Finanzas
Marketing
Emprendimiento
Estrategia
Los estudiantes que completen el programa en el Reino Unido pueden acceder a una ruta de inmigración de dos años para graduados. Además, el MBA especializado en finanzas tiene un reconocimiento como título STEM, facilitando la autorización de trabajo (OPT) en EE.UU. para aquellos que estudien en Boston o Londres, con la posibilidad de realizar una rotación en Nueva York.
Programas a Tiempo Parcial (2 años)
Estos programas, flexibles y adaptados a las necesidades de profesionales activos, combinan clases en línea con sesiones presenciales concentradas en un fin de semana largo cada mes. Las fechas de inicio son variadas, incluyendo enero, abril, julio y octubre, con opciones adicionales en mayo y octubre. Los estudiantes pueden elegir entre los campus de Londres, Dubái y San Francisco (este último solo disponible para residentes de EE.UU. o ciudadanos permanentes).
Ayuda Financiera y Becas
Los estudiantes del Hybrid Executive MBA pueden solicitar una beca de hasta 5,000 USD para cubrir gastos de viaje. Este beneficio es una de las varias opciones de apoyo financiero disponibles para aquellos que cumplan con los requisitos de elegibilidad.
Desarrollo de Habilidades Prácticas
El enfoque pedagógico de Hult integra desafíos de aprendizaje práctico en todo el programa. Esto garantiza que los estudiantes no solo comprendan la teoría, sino que también desarrollen las habilidades y la mentalidad necesarias para liderar en un entorno global. Al finalizar el programa central, los estudiantes tienen la oportunidad de personalizar su título mediante la elección de materias optativas que se alineen con sus intereses y objetivos profesionales.
Cursos y Recursos de Apoyo
La escuela ofrece un directorio detallado de cursos, donde los estudiantes pueden buscar por palabra clave o explorar la lista completa de asignaturas. Cada curso incluye una descripción y los puntos clave de los temas y habilidades que serán cubiertos.
Hult también se enfoca en el desarrollo de liderazgo, incorporando prácticas avanzadas de autoconciencia en todos sus programas. Los estudiantes tienen la oportunidad de asumir roles de liderazgo en proyectos del mundo real, lo que les permite mejorar continuamente sus capacidades. Además, la institución ofrece opciones de aprendizaje permanente, permitiendo a los graduados mantenerse actualizados y relevantes en un mundo laboral en constante cambio.
Contacto y Proceso de Admisión
El equipo internacional de asesores está disponible para discutir los objetivos individuales de los candidatos y responder cualquier pregunta. La fecha límite de la Ronda 6 de aplicaciones es el 30 de septiembre de 2024. Los solicitantes que presenten su solicitud antes de esta fecha tendrán prioridad en el proceso de inscripción.
Para obtener más información sobre los programas de MBA de Hult y sus opciones de financiamiento, los interesados pueden descargar un folleto o ponerse en contacto directamente con los asesores de admisiones.
La Maestría en Administración de Empresas (MBA) con residencia corporativa está diseñada tanto para quienes acaban de finalizar un título universitario como para aquellos que están en los primeros años de su carrera y buscan redirigir su trayectoria profesional. Los candidatos ideales deben contar con menos de 5 años de experiencia laboral.
Oportunidades de Carrera
Los graduados de este programa tienen la posibilidad de acceder a diversos sectores profesionales, como Servicios Financieros y Bancarios, Consultoría, Marketing, Salud, Sector Público, Emprendimiento e Innovación. Entre los puestos laborales más comunes se encuentran:
Consultor
Gerente Financiero
Gerente de Marketing
El 92% de los graduados que buscan empleo de forma activa obtienen un puesto dentro de los seis meses posteriores a la graduación, y el 54% logra empleo dentro de Nueva Escocia, con una compensación anual promedio de $68,872.
Requisitos de Admisión y Apoyo Financiero
En Dalhousie University, los estudiantes pueden concentrarse en su educación sin preocuparse en exceso por sus finanzas personales. Ofrecemos tarifas de matrícula competitivas y una variedad de programas de apoyo financiero para estudiantes de posgrado en la mayoría de nuestras carreras.
Opciones del Programa
Año 1 - Verano: Después de una orientación inicial en junio, los estudiantes completan cuatro cursos fundamentales que proporcionan una comprensión esencial del mundo empresarial. También participan en sesiones de desarrollo personal y profesional para prepararse para la residencia corporativa.
Año 1 - Otoño: Los estudiantes cursan dos materias adicionales y cinco asignaturas base, lo que les permite desarrollar una sólida comprensión de conceptos clave organizacionales, independientemente del sector. El semestre concluye con una intensa sesión integradora por equipos, en la que se aplican todos los aprendizajes previos en situaciones competitivas y desafiantes, enfocadas en ventas, negociación y trabajo en equipo.
Residencia Corporativa: En enero, los estudiantes inician su residencia corporativa de ocho meses, la cual está remunerada. Durante este tiempo, aplican los conocimientos adquiridos en el aula dentro de un entorno corporativo. Al finalizar el año, se lleva a cabo una evaluación intensiva para analizar las experiencias obtenidas y celebrar los logros alcanzados.
Año 2 - Otoño/Invierno: Los estudiantes completan cuatro cursos finales y tienen la oportunidad de personalizar su MBA seleccionando entre 9 y 15 créditos de asignaturas electivas especializadas. El programa ofrece seis áreas de especialización, y se puede combinar con otros cursos de posgrado fuera de la Facultad de Administración. El MBA se concluye oficialmente en la ceremonia de graduación de junio.
Duración estándar del programa: 23 meses o más.
Modalidad: Tiempo completo con clases presenciales.
Oportunidades Internacionales
El programa también ofrece la posibilidad de realizar el primer semestre del segundo año en el extranjero, en instituciones como Toulouse Business School en Francia o Copenhagen Business School en Dinamarca. Las solicitudes para esta experiencia internacional se deben realizar durante el primer año del MBA.
Contacto y Consultas
Para preguntas sobre el proceso de admisión o más detalles del programa, los interesados pueden contactar a un asesor de admisiones. Si ya está listo para aplicar, el proceso se encuentra disponible en el sitio web oficial de Dalhousie University.
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Being able to balance work, life and school commitments is critical for working professional students. UF MBA provides you the tools to be successful in all areas of your life while earning your MBA. You don’t have to be on campus every day to get a well-rounded, rich MBA experience.
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This 16-month option is an accelerated program for those who have an undergraduate degree in business and graduated in the last seven years. This is one of the quickest ways to get your MBA at UF. Students enrolled in UF’s Outreach Engineering Management (OEM) program are also eligible for this option.
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This 24-month option uses course materials developed by the same respected faculty that have helped UF MBA at Warrington College of Business rise to national prominence. We recommend this for students seeking maximum flexibility.
Online or on campus, same MBA degree from a top ten university
In 1999 the UF MBA Program was one of the first schools to offer a fully-accredited online degree. Now, UF MBA is regarded as one of the world’s best by Financial Times and U.S. News & World Report.
Our Online MBA students come from all over the world and from a variety of organizations – Fortune 500 companies, government agencies, non-profits and more. To ensure quality interactions among students and professors, class size is limited to 65 students.
Similar to our other formats, a minimum of two years of full-time, professional work experience is required for our online MBA. The degree earned at the completion of the program is a full Master of Business Administration, and is equivalent to any other MBA degree offered by the University of Florida MBA.
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Clemson's MBA Program is highly regarded for its innovative approach to advanced business topics. Our students can expect an engaging classroom experience with academically qualified faculty that also boasts business experience reaching far beyond the classroom. In addition, students can expect over 30 annual career-focused events that range from employer visits to networking forums and individual career counseling with the Princeton Review's #1 ranked Career Services team. Whether it is to be better prepared for your current role, break through the glass ceiling for the next promotion or land your dream job, Clemson's MBA Program is here to help you achieve your goals. Clemson is proud to offer various flexible MBA options to suit your schedule and career goals best. With an array of full-time and part-time MBA curriculums offered through in-person, 100% online or hybrid styles, Clemson MBA has the program for you. Click the links below to learn more about our different MBA curriculums.
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Located in the heart of downtown Greenville Clemson is proud to offer our in-person MBA classes at the beautiful Greenville ONE campus in downtown Greenville. The campus is designed to be an immersive experience for students in the heart of one of the fastest-growing cities in the country. Access to Greenville's local, regional, and international business leaders allows students unique networking opportunities with employers and entrepreneurs that can't be replicated. Greenville is also home to beautiful parks, fantastic restaurants and personable city events, so it is easy to call our campus on Main Street home.
imothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. Timothy has helped provide CEOs and CFOs with deep-dive analytics, providing beautiful stories behind the numbers, graphs, and financial models.
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Term vs. Whole Life Insurance: An Overview
Term life insurance offers more affordable coverage than whole life, but it only lasts for a certain number of years instead of your lifetime, and it doesn't have the tax-free savings component that whole life has.
Term and whole are two of the most common types of life insurance. Whole life is a form of permanent life insurance that lasts as long as you live (assuming you pay the policy’s premiums). It also includes a cash value account—a savings component that grows tax-free over time and that you can withdraw from or borrow against while you are alive.
Term life insurance, on the other hand, lasts only for a set period of time (the term) and does not accrue any cash value. We’ll break down the key features that distinguish these insurance mainstays.
Key Takeaways
Term coverage only protects you for a limited number of years, while whole life provides lifelong protection—as long as you keep up with the premium payments. Term life is just insurance, whereas whole life adds a cash value component that you can tap during your lifetime. Whole life premiums can cost five to 15 times more than term policies with the same death benefit, so they're not a good fit for everyone.
Sabrina Jiang / Investopedia
Term Life Insurance
Term life insurance is perhaps the easiest to understand because it’s straightforward insurance, without a savings or investing component. The reason why you buy a term policy is because of the promise of a death benefit for your beneficiary should you pass away while it’s in force. For many people, it’s a way to make sure that their minor children are provided for and their mortgage is paid after they die.
As the name suggests, this basic form of insurance is only good for a certain period of time, whether it’s five, 20, or 30 years. After that, the policy expires.
Benefits
Costs are much lower than for many other types of life insurance. Term insurance is easier to understand than permanent policies.
Drawbacks
Only protects you for a limited number of years. Cannot be used as a wealth-building or tax-planning strategy.
Benefits of Term Life Insurance, Explained
Because term policies offer basic coverage with a finite duration, they tend to be the cheapest type of life insurance, often by a wide margin. If all you seek from a life insurance policy is the ability to protect your family when you die, then term insurance is likely the best fit.
Since term policies are typically more affordable and can last until your child enters adulthood, term insurance could be a particularly good option for single parents who want a safety net for their child if they die.
According to quotes gathered by Investopedia from more than 30 insurers, the average monthly premium for a 42-year-old man in excellent health applying for a 30-year term policy with a $250,000 death benefit is $33.24 a month. For a comparable female applicant, it’s $27.31.
Note
Women tend to have lower life insurance premiums on average because they typically have longer life spans than men.
Drawbacks of Term Life Insurance, Explained
A variety of factors will change the price, of course. For example, a larger death benefit or longer length of coverage will certainly increase the premiums. Also, most policies require a medical exam, so any health complications could raise your rates above the norm as well.
Because term insurance eventually expires, you can find yourself having spent all that money for no purpose other than peace of mind. Also, you can’t use your investment in term insurance to build wealth or save on taxes as you can with other types of insurance.
Whole Life Insurance
Whole life is a form of permanent life insurance, which differs from term insurance in two key ways:
It never expires as long as you keep making your premium payments. It provides some cash value in addition to the death benefit, which can be a source of funds for future needs.
Benefits
Allows you to borrow against or withdraw from the policy for other financial needs. Loans and withdrawals are generally tax-free, and loans may have beneficial terms. Lets you lock in your premiums for life.
Drawbacks
Costs much more than comparable term policies. If you let the policy lapse within the first few years, you could face surrender charges. Any outstanding loans will reduce your death benefit.
Benefits of Whole Life Insurance, Explained
Most whole life policies are “level premium,” meaning that you pay the same monthly rate for the duration of the policy. Those premiums are split in two ways. One part of your payment goes to the insurance component, while the other part helps build your cash value, which grows over time.
Many providers offer a guaranteed interest rate, although some companies sell participating policies, which pay unguaranteed dividends that can increase your total return.
Usually, your cash value doesn’t accrue until two to five years after coverage begins. Once it does, however, you can borrow or withdraw from your cash value amount, which grows on a tax-deferred basis. For example, you may want to do take out a loan to pay for expenses such as college tuition or repairs to your home.
The advantages of policy loans over other kinds of loans are that there’s no credit check and the interest rate may be lower. You also don’t have to repay the loan, but if you don't, you will reduce your death benefit. Withdrawals are generally tax-free if you don’t take out more than you’ve paid into the policy.
The ability to withdraw or borrow from a whole life insurance policy makes it a much more flexible financial tool than a term policy.
Drawbacks of Whole Life Insurance, Explained
Unfortunately, with whole life insurance, the death benefit and cash value aren’t completely separate features. If you take a loan from your policy, then your death benefit will go down by a corresponding amount if you don’t pay it back. For example, if you take out a $50,000 loan, then your beneficiaries will get $50,000 less, plus any interest due, if the loan is still outstanding.
The main disadvantage of whole life insurance is that it’s more expensive than a term policy—by quite a bit. Permanent policies cost on average five to 15 times more than term coverage with the same death benefit. For a lot of consumers, the relatively high cost makes it hard to keep up with payments.
Another potential drawback of whole life insurance is its complexity. With a term policy, for example, you can simply stop making payments if you no longer need the insurance or can no longer afford it. However, depending on your carrier, whole life policyholders may face a significant surrender charge if they decide to walk away from their policy. Usually, this charge shrinks as the years go by until it finally disappears.
Special Considerations
So which type of coverage is best for your family? If term coverage is all you can afford, then the answer is simple: Basic protection is better than no protection at all.
The question is a little trickier for folks who can afford the substantially higher premiums that come with a whole life policy. If your goal is to save for retirement, then many fee-based (that is, non-commission-earning) financial advisors recommend turning to 401(k)s and individual retirement accounts (IRAs) first. After maxing out those contributions, a cash value policy may be a better option for some people than a fully taxable investment account.
Some consumers have unique financial needs that a whole life policy can help manage more effectively. For example, parents with disabled children may want to consider whole life insurance, as it lasts your entire lifetime. As long as you keep paying the premiums, you know your kids will receive the death benefit from your policy, even when they’re adults.
Whole life can also be a valuable tool in succession planning for small businesses. As part of a buy and sell agreement, business partners will sometimes take out whole life insurance for each owner, so that the remaining partners can purchase the deceased’s equity stake in the event of their passing.
Regardless of insurance policy type, premiums will be lower the younger (and healthier) you are when you buy it.
Is Term Life Insurance Better Than Whole Life Insurance?
It depends on your needs and wants. If you only need life insurance for a relatively short period of time (such as only when you have minor children to raise), term life may be better because the premiums are more affordable. If you need permanent coverage that lasts your entire life, whole life is likely preferred. Whole life also offers several living benefits deriving from its cash value accumulation, which can be borrowed against or withdrawn during your lifetime.
What's the Longest Term Life Policy? Typical term life policies come in terms of 10, 15, 20, 25, or 30 years. A small number of insurers will offer 35- and 40-year policies as well.
What Happens to Term Life Insurance at the End of the Term? If the term ends on your life insurance policy, generally, the policy will just expire and you don’t need to do anything. However, your insurer may allow you to convert part or all of the term policy into a permanent policy. You’ll need to check on this possibility as early into the life of the policy as possible, because sometimes, term life conversion is only available in the early years of the policy.
The Bottom Line
With its cash value component, whole life insurance certainly offers more financial flexibility than term life insurance. Nevertheless, because permanent policies are more complex and expensive, a lot of consumers follow the old axiom, “Buy term and invest the rest.”
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
Insurance Information Institute. “What Are the Different Types of Term Life Insurance Policies?” Social Security Administration. “Actuarial Life Table, 2020 (2023 TR).” Allstate. “What Is Cash Value Life Insurance?” Fidelity Life. “Cash Value Life Insurance.” Guardian. “Can I Withdraw Cash from My Life Insurance Policy?” Policygenius. “Whole Life Insurance Rates for February 2023.” Guardian. “What Is the Cash Surrender Value of Life Insurance?”
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Whole Life Insurance Definition: How It Works, With Examples
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Partner Links
Related Terms
Whole Life Insurance Definition: How It Works, With Examples
Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component. more
Permanent Life Insurance: Definition, Types, and Difference from Term Life
Permanent life insurance refers to coverage that never expires, unlike term life insurance, and combines a death benefit with a savings component. more
Understanding Mortgage Life Insurance and Its Advantages
Mortgage life insurance is designed specifically to repay mortgage debt in the event of the death of the borrower. more
Life Insurance: What It Is, How It Works, and How To Buy a Policy
Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies. more
Level-Premium Insurance: Definition, Advantages, Example
Level-Premium Insurance is a term life insurance where the premiums remain the same throughout the duration of the contract. more
Adjustable Life Insurance: Definition, Pros & Cons, vs. Universal
Adjustable life insurance allows policyholders the option to change key features like premiums and the death benefit. more
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If you are looking for a hosting provider, you'll quickly discover there are different types of hosting with different prices, features, and technical specifications. In this article, we will discuss the most popular types of hosting and help you to decide which is suitable for your website.
If you’re looking to make a WordPress website, you’re going to need website hosting.
Once you start researching your options, you’ll quickly discover that there are different types of hosting, each with different prices, performance, features, and technical complexities.
If you want to make the right decision for your website, it’s important to know what each hosting type is, along with its associated pros and cons.
That’s what this post is for. We’ll start with a general explanation of what website hosting is. Then, we’ll break down the most popular types of hosting and help you understand which one is right for your website.
Read more about the hidden costs of website hosting
Table of Contents
What Is Website Hosting? The Five Main Types of Web Hosting Elementor Managed WordPress Hosting Conclusion
What Is Website Hosting?
Website hosting is the hardware that powers your website and makes it available to visitors around the world.
In other words, it’s where you store your website’s files and content and it’s also what serves those files to visitors when they access your site (by typing in your site’s domain name).
Every single website has some type of web hosting behind it, whether it’s a big website like YouTube or your friend’s knitting blog.
When you purchase web hosting, you’re essentially renting space on a computer. This could be part of a computer that you share with other people, an entire computer, or even space on a network of computers (AKA “the cloud”).
Once you have your website hosting, you can start putting it to use.
Just like you can install the software (e.g. apps) on your personal computer, you can also install software on your web hosting.
For example, creating a WordPress website requires two basic foundations: web hosting (the hardware) and WordPress (the software). Once you have these two set up, you can start designing your site with tools like Elementor. However, if you’re feeling overwhelmed by the technical aspects of managing your own web hosting, you can choose an all-in-one managed WordPress host like Elementor Hosting. It provides award-winning support and takes care of security, software updates, performance, and backups, so you can focus on designing and creating your site.
Different websites will have different hosting needs when it comes to the resources that are needed to power the website.
A high-traffic, high-resource website will need hosting with a lot of power to handle the workload, while a low-traffic site will be fine with less power.
In general, more powerful hosting will cost more money. You wouldn’t expect a cheap $300 laptop to perform as well as a $10,000 top-of-the-line computer, and it’s the same for web hosting.
The Five Main Types of Web Hosting
Now that you know what web hosting is, let’s go through the five main types of website hosting.
All of these hosting types are fully capable of powering WordPress sites. However, some may be more suited to your WordPress site’s unique situation than others.
1. Shared Hosting
With shared hosting, your account and websites will share resources with other hosting accounts on that server.
Really the only reason to choose shared hosting is the price. Because accounts share resources, shared hosting is typically the cheapest way of hosting a website.
Most shared hosting providers also advertise generous limits such as “unlimited websites” and “unlimited storage” (though there’s no such thing as truly “unlimited” hosting).
However, from a performance perspective, sharing resources with other accounts is not an optimal configuration. How well shared hosting performs really depends on how many hosting accounts the provider tries to put on each server.
2. VPS hosting
A Virtual Private Server (VPS) web hosting plan combines dedicated and shared web hosting features. The website content is hosted within virtually-partitioned sections on the web server to mimic a dedicated server while still sharing the server among multiple users.
VPS hosting provides businesses and website owners the ability to customize their storage resources on the web server without necessarily needing a dedicated server.
Advantages
Provides features of dedicated hosting but at a lower cost Higher uptimes and speeds than shared web hosting
Disadvantages
Cannot handle high traffic due to resource sharing Only a few aspects of the server can be controlled
3. Dedicated Hosting
With dedicated hosting, you have an entire physical server just for your site(s). You get everything and you don’t need to share it with anyone else.
The main advantage of dedicated hosting is that you have full control over the physical environment. You can choose the hardware, the software, and so on.
However, the vast majority of WordPress users do not need dedicated hosting. This is mainly a solution for large enterprise businesses that need a dedicated hardware environment for specific technical or regulatory reasons.
For most WordPress users, you can get the performance benefits of dedicated resources by using cloud hosting, at a lower price than dedicated hosting.
Dedicated hosting is something that you’ll come across, which is why it’s worth mentioning. But for a quick-loading website, Managed WordPress hosting offers better value.
4. Managed WordPress Hosting
Managed WordPress hosting is a type of hosting service specifically designed for websites built with WordPress. Unlike traditional hosting, managed WordPress hosting provides a more optimized and secure environment for hosting WordPress websites.
The hosting provider takes care of the technical aspects of running and maintaining the website, such as software updates, security, backups, and performance optimization. This allows website owners to focus on creating and publishing content, without having to worry about the underlying technical infrastructure.
The defining feature of managed WordPress hosting is that they offer a suite of “concierge” features for WordPress users that go beyond what generic hosting offers. This includes features such as the following:
Automatic backups Staging Automatic WordPress updates Built-in performance optimizations. WordPress-specific security features Expert WordPress support
5. Colocation Hosting
Colocation hosting is an advanced type of hosting that’s really only used by large businesses.
With colocation hosting, you physically own the hosting hardware. That is, you’ll actually purchase the hosting servers that you want to use. However, you rent space in another company’s data center to have that company power and maintain that hardware for you.
Basically, you get to keep using your own infrastructure but you eliminate the need to have your own physical space for that infrastructure (along with all of the associated costs such as electricity and air conditioning).
Again, this is not something a WordPress user will ever need, but it is a type of hosting that you might see, so it’s helpful to know this term.
Elementor’s Managed WordPress Hosting
As you can see, there’s a good deal of complexity when it comes to the different types of hosting.
If you don’t want to deal with choosing between all of these options and you’d rather just focus on building and growing your website, you might prefer to use Elementor Hosting.
Elementor Hosting takes the headache out of choosing hosting infrastructure by giving you a complete platform to build a website using WordPress and Elementor. Instead of messing around with technical details, all you do is sign up and start building your site using the pre-installed tools.
Elementor Hosting offers an all-in-one managed WordPress hosting solution for an affordable price with no other cost surprises.
With hosting plans starting from just $9.99/mo for the first year, you’ll get the following:
Managed WordPress Hosting powered by Google Cloud Platform WordPress and Elementor Pro pre-installed Fast & Secure CDN by Cloudflare Free SSL certificate and DDoS protection Plenty of storage, bandwidth and monthly visit options Free custom domain connection Free Elementor Domain Automatic daily backups On-demand backup Top support for both Hosting and Elementor
You get all Elementor Pro widgets, features and templates out of the box, in a hassle free hosting platform, optimized especially for Elementor builder. Remember – it’s an all-in-one solution for building websites!
Conclusion
If you want to make a website, you need website hosting. However, there are different types of hosting that you can choose from, so it’s important to understand your options, along with the pros and cons of each type of hosting.
For example, some hosting types focus on keeping costs low at the expense of performance, while others focus on offering maximum performance and flexibility (but often at the expense of higher costs or added complexity).
For those looking for a simpler user-friendly way to get started, Elementor Hosting is a great choice to get your site up and running quickly without any technical headaches. You’ll have peace of mind knowing that everything is managed for you, including robust security, automatic software updates, and regular backups. Additionally, your site will load quickly providing a great experience for your visitors.
Instead of worrying about technical details and which type of hosting is best, you can focus on building websites right away using Elementor’s all-in-one platform.
Do you still have any questions about the different types of hosting and which one is right for your website(s)? Let us know in the comments!
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Matan Naveh
Matan started his career as a Radio Broadcaster, he worked as a content manager and Editor-in-Chief for over 15 years. Matan enjoys psychological horror movies and 80's Chinese restaurants.
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Morning and Evening MBA
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General Information
For additional information about important dates and times, please consult the Rotman HUB.
The Morning & Evening MBA degree is considered a full-time program spanning 32 months for working professionals.
Rotman offers two Collaborative Program Specializations with different graduate departments at the University of Toronto for Morning & Evening MBA students:
Collaborative Program in Asia-Pacific Studies
Collaborative Program in Environmental Studies
Rules and regulations for the Morning & Evening MBA program are governed by the School of Graduate Studies (SGS) at the University of Toronto. The regulations of SGS are applicable, but not limited to, all matters relating to academic standards, examinations, course enrolment, and academic integrity. The SGS Calendar is available online.
The Managing Director, Professional MBA Programs is responsible for all aspects of the Morning & Evening MBA program and works closely with the Academic Director, the Vice-Dean, MBA Programs, and the Dean of the Rotman School of Management to ensure a high quality student experience for all.
Normal Program Length
8 sessions (3 years)Typical registration sequence: Fall > Winter > Summer > Fall > Winter > Summer > Fall > Winter
Time Limit
3 years
Curriculum
Curriculum information is available at Morning and Evening MBA Curriculum.
Fees and Registration
The information provided on this page is specific to the Morning and Evening MBA program. For general information on fees, including invoices; legal status; health insurance; making payments; tax forms; the Professional Student Loan Program; government assistance; sponsorship of tuition by a third party; additional and service charges; and restrictions and penalties on past due accounts, please see the Finances section.
Registration for the MBA Program is a multi-step process involving program registration, course enrolment, and fee payment. More information about registration and enrolment can be found in the Registration and Course Enrolment section of our Policies and Guidelines.
Students are registered as soon as they have paid the required minimum amount of academic, ancillary, and incidental fees as stated on the tuition fee invoice. By virtue of being registered, a student agrees to abide by all of the academic and non-academic policies, rules, and regulations of the University and their academic division as set out in the divisional calendar, and to ensure that the accuracy of personal information such as the current mailing address and telephone number is maintained.
Step One: Program Registration (Core Courses Only)
Students must read and agree to the terms outlined on the MBA Program Registration form and the Rotman Code of Conduct. Students who do not agree to the terms will not be considered registered and therefore will not be able to attend classes. These documents must be submitted by the start of the MBA Program.
Step Two: Course Enrolment
The Registar’s Office will automatically enrol students in all compulsory core MBA classes in early August. MBA students do not use the student registration system (ACORN) to register for MBA courses.
Step Three: Online Invoice and Fee Payment
The University of Toronto Student Accounts office will provide students with an online fees invoice via ACORN. The fees invoice will be available online as of mid-July. In order for students to be considered registered in the program, the minimum payment to register amount as stated on the fees invoice must be paid by 1 September. A monthly service charge of 1.5% compounded (19.56% per annum) will begin to accrue on any outstanding balance as of 15 October.
Fee payments are accepted at most Canadian financial institutions; please retain a receipt as proof of payment. Students will find payment instructions in Finances, Fees, and Taxes.
It is the students’ responsibility to ensure they make the fee payment by the deadline and to monitor their student account through ACORN.
It is the students’ responsibility to ensure they make every effort to make tuition payment by the deadline. Any student who registers (pays fees) after the deadline is required to pay a late registration fee of $44.00.
The tuition fees charged for each session of registration have four components:
Program Fees
Rotman Ancillary Fees
University Compulsory Incidental Fees
University Non-Compulsory Incidental Fees
The following tables are estimates. Please refer to the University of Toronto’s Planning & Budget website for the most accurate and up-to-date fees schedules.
The annual Program Fees for the Morning and Evening MBA Classes of 2024, 2025, and 2026 are illustrated below.
Annual Program Fees for the Morning and Evening MBA Class of 2024 (Entered in 2021)
Academic Year Canadian Citizens and Permanent Residents International Students on Student Authorization
Year 1 (2021–22) $30,846 $43,707
Year 2 (2022–23) $30,404 $43,707
Year 3 (2023–24) $29,522 $43,707
Total Program Fee $90,772 $131,121
Annual Program Fees for the Morning and Evening MBA Class of 2025 (Entered in 2022)
Academic Year Canadian Citizens and Permanent Residents International Students on Student Authorization
Year 1 (2022–23) $30,846 $44,580
Year 2 (2023–24) $30,404 $44,580
Year 3 (2024–25) $30,404 $44,580
Total Program Fee $91,654 $133,740
Annual Program Fees for the Morning and Evening MBA Class of 2026 (Entered in 2023)
Academic Year Canadian Citizens and Permanent Residents International Students on Student Authorization
Year 1 (2023-24) $30,846 $45,470
Year 2 (2024-25) $30,846 $45,470
Year 3 (2025-26) $30,846 $45,470
Total Program Fee $92,538
$136,410
Incidental & Ancillary Fees
In addition to the annual program fees noted above, students are required to submit payment for University mandatory incidental fees and Rotman ancillary fees. The University incidental fees amount to approximately $2,000 annually, which covers the terms from September–end-of-April and include campus fees and student society fees. Hart House privileges extend to end-of-August. The Rotman ancillary fees amount to approximately $325 annually, which covers the terms from September–end-of-August. Additional details, information, and finalized amounts will be updated as available and found on your fees invoice.
Rotman ancillary fees are charged by the School for services specific to the program. University incidental fees are charged by the University for services that are universal to all students: student unions; campus services, such as Hart House and the Athletic Centre; and electronic access fees for the cost of internet-based information access. This fee also includes health coverage and dental plan. Students with equivalent insurance elsewhere may opt out of these plans. Please visit the Graduate Students’ Union website for details.
The University Health Insurance Plan (UHIP) fee will automatically be added to fees invoices for International students only.
Note: The annual program fee, University incidental fees, and Rotman ancillary fees are set by the University and are subject to change. The University incidental fees amount noted above for future academic years are subject to approval by the Governing Council’s annual meeting each May.
Questions regarding how to Register Without Payment may be directed to the Registrar’s Office.
Teams
Team work is a substantial part of the Morning and Evening MBA program and plays a significant role in both the academic setting for course grades as well as training for professional life. Therefore, the content and the workload within the MBA program are structured around the requirement for students to work successfully in project teams.
In an effort to facilitate teamwork and allow students to benefit from the diversity of backgrounds represented in the program, the Program Services staff forms and assigns project teams of four to five students for all core courses which incorporate group work as part of the grading scheme. We take a number of factors into account when forming the project teams, including academic background, industry experience, program of study, and international background. Project teams are utilized for course projects and are also intended to provide an academic support for students for individual course work and class preparation.
Approximately 70% of the core courses have some element of graded team work, ranging in value from 10–40% of the overall course grade. The amount of team work varies by area and course in the elective phase of the program, during which period students will have the opportunity to form their own teams for project work.
Team Support
Rotman’s Self-Development Lab will be available to support the development of a positive team culture and to monitor the progress of each project team in terms of productivity and process.
Project teams or their individual members who encounter difficulties or are unable to resolve team issues are required to contact the Program Services staff as soon as possible. The Program Services staff, in consultation with the Self Development Lab will assist the student(s) to understand all angles of the situation, process and provide tools and resources to help students resolve project team concerns. The Program Service staff does not reassign project team member(s) unless extenuating circumstances occur and or the behaviour exhibited is contrary to the Rotman Code of Conduct. At which point additional sanctions may be placed on an offending student(s) that could impact their academic standing in the course and program.
Issues pertaining to academic and non-academic misconduct will be dealt with in accordance with the School of Graduate Studies policy (as defined by the University’s Code of Behaviour on Academic Matters).
Team Work and Academic Integrity
When working as a team, each team member is responsible for the work submitted collectively by the team. This includes work that may be considered academically dishonest, or in which an academic offence has been committed (as defined by the University’s Code of Behaviour on Academic Matters).
In other words, if one of your team members takes a shortcut and copies material from the internet or a past assignment, or simply isn’t aware of the rules regarding appropriate citation for sources consulted, the whole team faces consequences that may arise from an allegation of academic misconduct. It is up to each team member to be sufficiently familiar with the work being submitted; to check each other’s work for proper citations and originality; and to be aware of the relevant policies. As a general guideline, students should approach group assignments—and the checking of citations and originality—in the same manner that they normally would for an individual assignment; ultimately, ensuring the quality of the final product being submitted meets the standard of integrity.
Team Behaviours and Protocols
All students are expected to treat team work as they would in a business setting, ensuring professional behaviour at all times.
Professional behaviour in team settings includes (but is not limited to) the following:
Respecting and treating all others in a manner consistent with the Rotman Code of Conduct
Ensuring all team members voice their opinions, thoughts, and concerns
Taking personal responsibility to voice thoughts to benefit the team’s learning
Contributing equal time and effort to the project as others in the group
Committing to a standard of work agreed upon by the group
Participating in team projects at a level agreed upon by the entire team
General Dispute Resolution Procedures
The project team should attempt to resolve cases in which a team member does not demonstrate an adequate degree of commitment to the project team and its work, or if the quality of the work is not of MBA calibre or of the level expected by the project team. The general dispute resolution procedures are given below. Project teams that do not follow the general dispute resolution procedures described here are required to give each project team member equal credit for the disputed project work.
Early intervention can solve many of the minor disputes that arise among team members. During this stage a project lead is expected to ensure that the individual is aware of the team’s expectations and has the opportunity to commit to the successful completion of the project.
In the event that early intervention is unsuccessful, the project lead is expected to engage the support of the Program Services staff, without delay, to provide additional support and resolution options. The Program Services staff may enlist additional support and resources of an advisor from the Self-Development Lab and/or Academic Director if the situation necessitates.
If a satisfactory solution cannot be reached at the outcome of this discussion, the entire project team must meet with one of the team support designates. The team support designate will listen to every member of the team and discuss options for improving the team process and effectiveness. All members of the project team must commit to actively participate in the solution and utilize suggestions and terms agreed to in this meeting.
If attempts to resolve the project team’s issues have not been successful and the recurring issue(s) persist, the Program Services staff will consider alternative methods of team resolution, with due consideration for the University of Toronto’s Code of Behaviour on Academic Matters, Code of Student Behaviour, and the Rotman Code of Conduct, as well as the various support resources on campus. Resolution decisions may include an academic penalty.
Equitable Group Effort and Workload
In a situation where an individual or individuals have consistently failed to meet the project team’s expectations (as outlined in the team charter and the first project meeting for the specific project in question), and the dispute resolution procedure is not successful, a project lead must consult with their project team to decide whether or not the project team is to submit the assignment/project without all project team members’ names.
In the event that one or more project team members’ names are removed from the final submission, the affected student(s) is/are expected to contact both the instructor and Program Services immediately and no later than 48 hours after the submission deadline. The discussion with the affected student will be reviewed by the Program Services staff and the instructor for a final decision regarding academic penalty and/or accommodation by means of an alternative assignment.
Not all courses and deliverables in the Rotman MBA program lend themselves to individual completion. A key learning outcome of the program is a demonstrated ability to positively contribute to a project team. If a student is unable to function as part of the team they may jeopardize their ability to continue in or complete the program.
In extreme circumstances that involve concerns over physical or psychological safety (e.g. abusive behaviour, discrimination, harassment), the OSE will intervene much earlier in the process, drawing upon the appropriate resources of the University to do so.
Elective Course Teams
All members of the project team must actively work to resolve the issue through early intervention and discussion, led by a designated team leader. In the event that an internal project team resolution attempt fails, the instructor should then be approached as soon as possible for recommendations. The instructor may contact the Program Services staff or Registrar’s Office, if necessary, at any time in the process.
The instructor will listen to the team and offer options for improving the group process and to help with potential solutions. If these efforts do not result in a satisfactory resolution, the instructor and the Program Services staff will consider alternative methods of team resolution, with due consideration for the University of Toronto’s Code of Behaviour on Academic Matters, Code of Student Behaviour, the Rotman Code of Conduct, and the various support resources on campus. Resolution decisions may include an academic penalty.
Academic Penalties for Unprofessional Behaviour / Non-Participation
Failure to participate in group projects at a level agreed upon by the entire project team, or demonstrating unprofessional conduct, will not be tolerated and may be subject to investigation and academic penalty.
Unprofessional conduct includes violations of the professional behaviours listed above.
Support
Career Services
Rotman Career Services for Working Professionals recognizes that students are, for the most part, busy juggling full-time work, school, and families. Students are probably getting your MBA to advance their careers. And while there are many ways to measure the return on investment, our goal is to equip students with a lifelong toolkit they can use to take ownership of and manage their career and professional development long after their three years with us.
Career Services is committed to working closely with students to refine their career goals, market themselves efficiently, and network with people in a position to help them reach their targets. Career Services provides students with career support through a range of services, including:
Individual career counselling appointments in person or via telephone, including:
Self-assessment
Independent job search strategy
Career advancement strategies
Networking techniques
Résumé and cover letter review
Interview preparation
Job offer and negotiation advice
Professional development workshops and webinars on career related topics, including:
Developing a career management plan
Personal branding
Advanced Resumes
Networking
Technical interview preparation
Industry-specific speaker events
Attend over 80 free industry-specific speaking events per year
Participate in industry-specific student club events with alumni
Students looking for support or advice in any of the above areas are encouraged to request an appointment in person or through Career Services’ main email address.
Professional Development
Professional development is an overarching program for all MBA students which encompasses professional and personal skill development and career essentials workshops and seminars, delivered through the Registrar’s Office (RO) and Career Services.
The program has several key elements, all integral to the development of knowledge, skills and a network that can positively impact both career and academic success. Students are encouraged to consider their academic, personal, and professional goals when reviewing the various options made available throughout the MBA program to allow for skill and knowledge development that will assist each individual in meeting their goals.
Registration for a professional development workshop is via the Rotman HUB using the “Student Tools” tile. Once registered, students should submit payment either online or in person at the Registrar’s Office within 24 hours. Offerings may require additional registration fee and will be advertised accordingly.
The registration opens two to three weeks prior to each workshop date; details are communicated via email.
Note: All RO courses, workshops and activities require registration through the Rotman HUB.
Career Services workshops, courses and activities require registration through the Career Services website on the HUB. A program registration amount is listed for any activities which may require a fee.
Student Engagement
Getting involved in one of the many student leadership opportunities or becoming a member of an organization provides students with an excellent opportunity for personal and professional development. Being active in the Rotman community also allows students to expand their network by providing them with the opportunity to meet students in other programs, faculty, and industry professionals. Recognizing the hardest part is often finding time in already busy schedules, we encourage students to take full advantage of the numerous opportunities available to them while attending the Rotman School of Management.
Some of these opportunities include taking part in extracurricular activities, organizations, conferences, competitions, and events which further develop the already close-knit nature of the Rotman student community. Taking on a student leadership role allows you to partner with faculty, staff, and industry professionals to enhance the social, teaching, and learning environment at the school.
A schedule of current and upcoming events is available via the HUB‘s Calendar card. Program Services events are communicated via the the Programs Resources tile on Quercus.
Graduate Business Council
The Graduate Business Council (GBC) is the student-elected representative organization at Rotman. The GBC acts as an umbrella for all clubs, sporting, and social activities, as well as a liaison with the faculty and school administration.
Dean’s List
The Rotman School recognizes the top 20 per cent of both the first-year and graduating Morning and Evening MBA classes with a Dean’s List based on cumulative GPA. To be eligible for consideration, you must obtain passing grades in all courses and be registered in good standing.
Courses graded as CR/NCR, Pass/Fail, or Honours/Pass/Fail, do not count towards the GPA, nor do courses taken as EXTra. Late withdrawals (WDR) do not affect the GPA. Dean’s List notations are not included on the University of Toronto transcript.
Note that the Rotman School does not publicly rank students or release information on student rankings; however, the lists themselves are formally announced annually for the purposes of convocation, the Rotman Student Awards Ceremony and internal School recognition.
First Year Dean’s List
The First Year Dean’s list is compiled each year upon completion of all 1000-level core courses up to and including fall of Year 2.
In addition to recognizing the top 20 per cent the School also bestows the following honours:
The top student completing the core courses of the Morning or Evening MBA Program earns the title Dean’s List, with Distinction.
The Top 10 per cent of students completing the core courses of the Morning or Evening MBA Program earn the title Dean’s List, First Class.
The remaining students in the top 20 per cent of all students completing the core courses of the Morning or Evening MBA Program earn the title Dean’s List.
Graduating Year Dean’s List
The Graduating Dean’s List is compiled each year in mid-June and is based on a cumulative GPA for the entirety of the program. In addition to recognizing the top 20 per cent of the class, the School bestows the following honours:
The top student graduating from the Full-Time, Morning/Evening, EMBA, and GEMBA-HLS programs at the School earns the title Dean’s List and Bregman Scholar, Roger N. Wolff Prize.
The top 10 per cent of the students graduating from each Program earn the title Dean’s List and Bregman Scholar.
The remaining students in the top 20 per cent of students graduating from each Program earn the title Dean’s List.
Only elective courses taken to meet the degree requirements are considered; courses that have been designated as EXTra are not used in the GPA calculation for the Graduating Year Dean’s List.
Courses taken at other faculties within the University of Toronto will be considered as part of the GPA calculation for the Graduating Year Dean’s List.
Students who participate in the International Exchange Program are eligible to be considered for the Graduating Year Dean’s List based on Rotman MBA Courses taken. Grades received at the host university, however, will not be taken into consideration.
November Graduation: Students graduating in November will be reviewed and considered for the Dean’s List at the next June convocation.
Program Directory
The faculty and administrative staff at Rotman are dedicated to supporting the efforts of each individual student to realize his or her fullest potential. The staff in the Morning and Evening MBA Recruitment & Admissions Office, Office of Student Engagement, Registrar’s Office, Career Centre, and Career Services for Working Professionals Office are available for consultation on all matters relating to the Morning and Evening MBA program, including admissions; enrolment; registration; grade or course issues; financial assistance; international programs; career development opportunities; or special advising.
Managing Director, Program Strategy and Student Experience: Séan CorbishleyAcademic Director, Morning & Evening MBA Program: Tim RowleyDirector, Office of Student Engagement: Renice JonesAssistant Directors, Community and Culture, Morning & Evening MBA Program: Analise Anderson-Ma and Ashifa RajwaniProgram Manager, Morning & Evening MBA Program: Jonathan SooManaging Director, Recruitment, Admissions, and Business Development: Mohammad SalhiaDirector, Recruitment & Admissions, Full-Time and Morning & Evening MBA Programs: Nicola WoodsAssistant Directors, Recruitment & Admissions, Morning & Evening MBA Program: Angela Forster and Farhia JabaneyRecruitment & Admissions Officer, Morning & Evening MBA Program: Karla Palma BlandinoDirector, Career Services: Lyla KorhaniAssociate Director, Career Curriculum & Consulting, All MBA Programs: Cara McCreeryCareer Coaches, Full-Time and Morning & Evening MBA Programs: Amy Richards, Beti Ivanov, Cindy Chong, Rob Woon-Fat, Robyn Behlke, and Maria ParenteGeneral Questions/Assistance/Advice: me.mba.ose@rotman.utoronto.ca
Morning and Evening MBA
General Information Curriculum Fees and Registration Teams Support Student Engagement Dean’s List Program Directory
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This page was last updated: 2024-02-29 @ 10:56 am
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Table of Contents What is an MBA?Types of MBA Benefits of an MBAHow to Prepare for an MBA?What Next?
What Is MBA: Types, Career Benefits and Preparation By Simplilearn
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Last updated on Feb 1, 20242381
Table of Contents What is an MBA?Types of MBA Benefits of an MBAHow to Prepare for an MBA?What Next?
With today’s world offering multiple career opportunities but also being more competitive than ever, you need to figure out how to stand out from the crowd. Whether you have just graduated or are a professional looking to scale up in your career, you can never go wrong with an MBA degree. So what is an MBA degree and what are its benefits? Is it worth it? If so, how can you prepare yourself for it? Let’s dive into each of these questions in detail. Simplify your journey to success with Simplilearn's MBA Courses - Streamline your learning, achieve tangible outcomes, and make your mark in the business realm.
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What is an MBA? MBA or Master of Business Administration is an internationally recognized degree providing you with a plethora of job opportunities in the corporate world. Having an MBA goes way beyond three letters on your resume. It helps you to build in-depth business knowledge, boost your career and salary prospects, and also grow your professional network. Most MBA programs come with a broad spectrum of business-related topics such as marketing, operations, human resource, finance, and communications. They not only help you for a fulfilling career, but they also prepare you with the tools and mindset to start your own business. The eligibility criteria to apply for an MBA degree is a bachelor’s degree. Some business schools may even select only those candidates who have a few years of professional work experience.
Types of MBA There are several routes you can take to earn an MBA degree. Although all of them result in you earning an MBA degree, there are some things that you should consider before choosing which route to take. Full-Time MBA A full-time MBA is the classic two-year MBA program that you may be familiar with. It includes physical classes, semester-wise assessment, internship, and placements. This is the most preferable option if you are a fresh graduate or want to put your job on hold for a while. Part-Time MBA A part-time MBA is a program where classes are either conducted in the evenings or during the weekends. Usually, these programs won’t come with internships or placements. It is best suited for working professionals who want to learn key managerial skills after their work hours. Distance MBA A distance MBA allows you to pursue an MBA degree via remote communication and correspondence. It is comparatively less expensive than a regular MBA program and offers you the flexibility to complete it on your own time. It is best suited for people with limited time and resources. Online MBA With everything moving online these days, this is currently the most popular mode of an MBA program that you can opt for. Lectures are given through live sessions or prerecorded and saved in the Learning Management System (LMS). There are no physical classes in an online MBA and all the assessments are done online as well. This is best suited for people who want to pursue an MBA program from a college or university which is not in their city or country. Executive MBA An Executive MBA program is specially designed for professionals with more than five years of work experience. The courses are usually of shorter duration but the curriculum is similar to a full-time MBA. This is the most expensive MBA program out there that will help you gain expert-level knowledge to enhance your career growth. It is best suited for people who work full-time and want to scale up to leadership positions.
Benefits of an MBA According to GMAC’s annual Corporate Recruiters Survey, employers offer new MBA hires with a median starting salary of $115,000 as compared to bachelor’s degree hires ($65,000) and direct-from-industry hires ($95,000).. Here are some more benefits of getting an MBA degree:
New Career Paths - An MBA program will not only help you understand complex business issues but will always help you determine exactly what you want in your future. This can open up your mind to new career paths than you originally planned. Holistic business education - An MBA program will offer you in-depth insights into business functioning at advanced levels. Improved communication skills - From oral presentations to sending emails to working with groups, an MBA program is uniquely designed to push students to communicate better and get their ideas across in a more concise manner. Build Connections - This is especially true if you opt for an Executive MBA program as you will get to connect with people from different backgrounds and create a massively expanded network of business contacts. How to Prepare for an MBA? Before you start considering an MBA, you need to do some research on the best business schools, study for GMAT, know which MBA field to specialize in, and lots more. Whether you plan to attend an immersive two-year MBA program or take up a course online, here are some practical steps you can take to prepare for an MBA. Talk to Alumni or Current Students Reach out to current and former MBA students enrolled at the program of your choice to get their perspectives. Some business schools arrange for campus visits and provide introductions, but you can reach out to current students through online platforms like LinkedIn as well. Expand Your Reading List Most MBA coursework includes reading a number of books as part of the preparation and coursework. Moreover, this will help you expand your knowledge in business, leadership, and global markets and make you more valuable as an MBA applicant to prestigious business schools. Here is a list of some of the best project management books to help you level up your skills. Work on Your Networking Skills One of the most valuable skills that you can possess as an MBA applicant is good networking skills. Over the course of an MBA program, you will get the opportunity to meet future business leaders and hence, good networking skills will work to your advantage. Prior to enrolling in an MBA program, make a conscious effort to network in corporate and social events. Pick a Specialty Many business schools offer a number of specialized programs like marketing, international business, finance, and so on. Figuring out what you want to specialize in will help you get a jump in your career.
What Next? Unlock your potential for leadership and strategic decision-making with the Executive Certificate Program In General Management, offered in collaboration between Simplilearn and IIM Indore. This comprehensive program is designed to empower executives and business professionals with the knowledge and skills needed to excel in today's dynamic business landscape.
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With Federated Insurance, you work directly with an industry expert who is committed to understanding the unique risks and opportunities associated with your business. With a dedicated agent and risk management team on your side, you will always get the right coverage for your company and can focus on what matters most. Trust. Advise. Protect.
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We’ve been around since 1920, proudly serving Canadians with innovative and affordable insurance protection. And while a lot has changed over the years, we’ve always stayed true to our belief that knowing your business matters. We take the time to get to know what your business does inside and out to ensure we’re protecting you from any and all of the risks you may be facing. We give you the time, dedication, and attention you deserve because we’re committed to building long-term relationships with the businesses we protect.
We’ve got the insurance you need.
Here are just a few of the key industries Federated Insurance is dedicated to serving:
Automotive Dealers
Automotive Repairs
Commercial Property
Contractors
Equipment Dealers
Fuel Dealers
Grocery Stores
Manufacturers
Professional & Health Services
Wholesalers & Retailers
Surety Bonding Services
Restaurants
Automotive Dealers
Automotive Repairs
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Contractors
Equipment Dealers
Fuel Dealers
Grocery Stores
Manufacturers
Professional & Health Services
Wholesalers & Retailers
Surety Bonding Services
Restaurants
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Our insurance solutions.
When your business has strong insurance coverage, it has financial protection in the event of a loss. With a dedicated agent and risk management team there to help you, you’re able to focus on what matters most: running your business. Here are just a few of the insurance coverages that can help protect your business:
Cyber Risk Insurance: No matter what industry you’re in, your business could be vulnerable to cyber attacks. Cyber risk insurance helps support your business if devices or documents are lost or stolen, or if computer networks are breached.
Commercial General Liability: Commercial general liability insurance is an important coverage for all types of businesses to consider. It’s designed to protect businesses against costly lawsuits if they’re found legally liable for bodily injury or property damage to a third party.
Commercial Property Insurance: It takes a long time to build and maintain a strong business—why would you want to risk all of that hard work? Commercial property insurance will protect your business’ structure and everything inside it, such as tools, equipment, and inventory.
Commercial Auto Insurance: There are some key differences between personal and commercial auto insurance to consider, because without the proper coverage, your business may be vulnerable to an expensive claim. And as your business grows, so should your insurance coverage. If your business is protected by our Vehicle Fleet Insurance and acquires new vehicles, they’re automatically covered by a blanket fleet endorsement (even if you forget to tell us about them until your renewal!)
Business Interruption Insurance: What would you do if damage from an unexpected flood or fire forced you to cease operations for two to three months? Could your bank account handle the loss of income? Business interruption insurance will pay for your loss of net income, and continue to pay normal operating expenses if an insured loss suspends your operations.
Comprehensive Crime Coverage: This coverage will help mitigate the loss of money or securities due to employee dishonesty, robbery, burglary, and hold-ups. Comprehensive crime coverage can protect you both at and away from your business premises.
Our insurance solutions.
When your business has strong insurance coverage, it has financial protection in the event of a loss. With a dedicated agent and risk management team there to help you, you’re able to focus on what matters most: running your business. Here are just a few of the insurance coverages that can help protect your business:
Cyber Risk Insurance:
No matter what industry you’re in, your business could be vulnerable to cyber attacks. Cyber risk insurance helps support your business if devices or documents are lost or stolen, or if computer networks are breached.
Commercial General Liability:
Commercial general liability insurance is an important coverage for all types of businesses to consider. It’s designed to protect businesses against costly lawsuits if they’re found legally liable for bodily injury or property damage to a third party.
Commercial Property Insurance:
It takes a long time to build and maintain a strong business—why would you want to risk all of that hard work? Commercial property insurance will protect your business’ structure and everything inside it, such as tools, equipment, and inventory.
Commercial Auto Insurance:
There are some key differences between personal and commercial auto insurance, and without the proper coverage, your business may be vulnerable to an expensive claim.
Business Interruption Insurance:
What would you do if damage from an unexpected flood or fire forced you to cease operations for two to three months? Could your bank account handle the loss of income? Business interruption insurance will pay for your loss of net income, and continue to pay normal operating expenses if an insured loss suspends your operations.
Comprehensive Crime Coverage:
This coverage will help mitigate the loss of money or securities due to employee dishonesty, robbery, burglary, and hold-ups. Comprehensive crime coverage can protect you both at and away from your business premises.
Get a quote now
Cyber Risk Insurance:
No matter what industry you’re in, your business could be vulnerable to cyber attacks. Cyber risk insurance helps support your business if devices or documents are lost or stolen, or if computer networks are breached.
Commercial General Liability:
Commercial general liability insurance is an important coverage for all types of businesses to consider. It’s designed to protect businesses against costly lawsuits if they’re found legally liable for bodily injury or property damage to a third party.
Commercial Property Insurance:
It takes a long time to build and maintain a strong business—why would you want to risk all of that hard work? Commercial property insurance will protect your business’ structure and everything inside it, such as tools, equipment, and inventory.
Business Interruption Insurance:
What would you do if damage from an unexpected flood or fire forced you to cease operations for two to three months? Could your bank account handle the loss of income? Business interruption insurance will pay for your loss of net income, and continue to pay normal operating expenses if an insured loss suspends your operations.
Commercial Auto Insurance:
There are some key differences between personal and commercial auto insurance to consider, because without the proper coverage, your business may be vulnerable to an expensive claim. And as your business grows, so should your insurance coverage. If your business is protected by our Vehicle Fleet Insurance and acquires new vehicles, they’re automatically covered by a blanket fleet endorsement (even if you forget to tell us about them until your renewal!)
Comprehensive Crime Coverage:
This coverage will help mitigate the loss of money or securities due to employee dishonesty, robbery, burglary, and hold-ups. Comprehensive crime coverage can protect you both at and away from your business premises.
Get a quote now
Working with a Federated Insurance Agent is easy and fast.
We know you’re busy, which is why we’ve made our insurance process as seamless and effortless as possible.
Step
1You’ll speak to one of our industry-trained specialists. This person will become your dedicated Commercial Insurance Specialist, and be there throughout the entire process.
Step
2You and your Commercial Insurance Specialist will get to know one another. They’ll ask you some questions to ensure they understand your business inside and out.
Step
3Our expert team of Commercial Underwriters will review every aspect of the business you operate. Once they have all the information they need, they’ll build you a customized, comprehensive and affordable coverage program to meet all your needs.
Step
4Your long-term relationship with Federated Insurance begins! After your Commercial Insurance Specialist reviews your coverage program with you and walks you through the ins and outs of your coverage, you’ll sign on the dotted line.
Why do business owners buy from us?
We give you a personalized experience you just can’t find with other insurance companies. With Federated Insurance, you’ll have a dedicated Commercial Insurance Specialist to guide you through the entire journey. Here are just a few benefits of going direct with Federated Insurance.
Industry-trained specialists: Our Commercial Insurance Specialists take the time to understand your business now, and in the future. As your business grows and evolves, your Commercial Insurance Specialist will work with you to make sure your insurance coverage keeps up the changes. Direct access to expert underwriters: In some agencies, the sale comes first and the policy comes second. At Federated Insurance, our expert underwriters work side-by-side with our Commercial Insurance Specialists to make sure they understand the details and risks of your business before they create your coverage program. That way, you’re properly protected. A single solution and a streamlined claims process: Sometimes, depending on the complexities of your business, insurance companies will divvy up your coverage amongst a few different providers to ensure all your needs are met. If you ever suffer a claim, this can get messy due to multiple deductibles and different procedures, both of which result in longer timelines. We keep everything under one roof. Your dedicated Commercial Insurance Specialist will ensure you receive a customized program that meets all of your needs with one company. The personal touch: Big companies often mean call centres, multiple points of contact, and various forms of communication. With Federated Insurance, you have one dedicated specialist to guide you through all of your insurance needs. We’ll call, email, or drop by in person depending on what you prefer. We’ll also take care of all the paperwork so you can focus on what you do best — running your business. We’re more than just insurance coverage: We’re not just your insurance provider; we’re your trusted advisors and business partners. By choosing to partner with Federated Insurance, you gain direct access to our Risk Services team. This team of experts has decades of experience combating risks for all business types, and can provide mitigation and loss prevention strategies to help keep your business safe.
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What do our customers think of us?
Federated Insurance has been detailed, diligent and transparent with a view to ensuring appropriate cost-effective coverage for our business. On the claims side, responsive and accessible best describes their service. With Federated Insurance, we don’t just have an insurer; we have a real partner in our risk management program. Gregory P. Nakonechny - Vice President, Legal and Corporate Secretary, The Brick
As business owners, we have enough stress on a daily basis of running the company. To be honest, I was in complete awe you were so fast and accommodating in getting this all rectified for us. We are super busy on a daily basis, and I always felt that we were in good hands with you. Kendra Daniel - Production Manager, Viper Mechanical Plumbing & Heating Ltd.
Federated Insurance has been detailed, diligent and transparent with a view to ensuring appropriate cost-effective coverage for our business. On the claims side, responsive and accessible best describes their service. With Federated Insurance, we don’t just have an insurer; we have a real partner in our risk management program.
Gregory P. Nakonechny - Vice President, Legal and Corporate Secretary, The Brick
As business owners, we have enough stress on a daily basis of running the company. To be honest, I was in complete awe you were so fast and accommodating in getting this all rectified for us. We are super busy on a daily basis, and I always felt that we were in good hands with you.
Kendra Daniel - Production Manager, Viper Mechanical Plumbing & Heating Ltd.
We take your coverage a few steps further.
Risk Management Assist:
You work hard for your business, which is why it’s vital to do whatever you can to protect it from future losses. With Risk Management Assist, customers are granted unlimited telephone access to our team of Risk Services Specialists, who can help you mitigate risks by answering questions and providing expert guidance. Learn more
Legal Assist:
No matter the industry you work in, as a business owner you may encounter situations where you must contend with various laws and regulations. Federated Insurance’s Legal Assist service is here to help with expert legal advice on a variety of topics. Learn more
Trauma Assist:
Suffering a loss to your business is never easy. As a Federated Insurance customer, you’ll have access to confidential counselling services to help you and your employees work through the emotional effects of an insured, traumatic loss. Learn more
Cyber Assist:
Cyber attacks are becoming increasingly prevalent, which is why precautions against such attacks are vital. Federated Insurance offers Cyber Assist to help businesses take proactive measures against cyber breaches and provides reactive assistance in the event of a privacy breach. Learn more
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Being able to balance work, life and school commitments is critical for working professional students. UF MBA provides you the tools to be successful in all areas of your life while earning your MBA. You don’t have to be on campus every day to get a well-rounded, rich MBA experience.
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This 16-month option is an accelerated program for those who have an undergraduate degree in business and graduated in the last seven years. This is one of the quickest ways to get your MBA at UF. Students enrolled in UF’s Outreach Engineering Management (OEM) program are also eligible for this option.
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This 24-month option uses course materials developed by the same respected faculty that have helped UF MBA at Warrington College of Business rise to national prominence. We recommend this for students seeking maximum flexibility.
Online or on campus, same MBA degree from a top ten university
In 1999 the UF MBA Program was one of the first schools to offer a fully-accredited online degree. Now, UF MBA is regarded as one of the world’s best by Financial Times and U.S. News & World Report.
Our Online MBA students come from all over the world and from a variety of organizations – Fortune 500 companies, government agencies, non-profits and more. To ensure quality interactions among students and professors, class size is limited to 65 students.
Similar to our other formats, a minimum of two years of full-time, professional work experience is required for our online MBA. The degree earned at the completion of the program is a full Master of Business Administration, and is equivalent to any other MBA degree offered by the University of Florida MBA.
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Clemson's MBA Program is highly regarded for its innovative approach to advanced business topics. Our students can expect an engaging classroom experience with academically qualified faculty that also boasts business experience reaching far beyond the classroom. In addition, students can expect over 30 annual career-focused events that range from employer visits to networking forums and individual career counseling with the Princeton Review's #1 ranked Career Services team. Whether it is to be better prepared for your current role, break through the glass ceiling for the next promotion or land your dream job, Clemson's MBA Program is here to help you achieve your goals. Clemson is proud to offer various flexible MBA options to suit your schedule and career goals best. With an array of full-time and part-time MBA curriculums offered through in-person, 100% online or hybrid styles, Clemson MBA has the program for you. Click the links below to learn more about our different MBA curriculums.
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Located in the heart of downtown Greenville Clemson is proud to offer our in-person MBA classes at the beautiful Greenville ONE campus in downtown Greenville. The campus is designed to be an immersive experience for students in the heart of one of the fastest-growing cities in the country. Access to Greenville's local, regional, and international business leaders allows students unique networking opportunities with employers and entrepreneurs that can't be replicated. Greenville is also home to beautiful parks, fantastic restaurants and personable city events, so it is easy to call our campus on Main Street home.
imothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. Timothy has helped provide CEOs and CFOs with deep-dive analytics, providing beautiful stories behind the numbers, graphs, and financial models.
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Term vs. Whole Life Insurance: An Overview
Term life insurance offers more affordable coverage than whole life, but it only lasts for a certain number of years instead of your lifetime, and it doesn't have the tax-free savings component that whole life has.
Term and whole are two of the most common types of life insurance. Whole life is a form of permanent life insurance that lasts as long as you live (assuming you pay the policy’s premiums). It also includes a cash value account—a savings component that grows tax-free over time and that you can withdraw from or borrow against while you are alive.
Term life insurance, on the other hand, lasts only for a set period of time (the term) and does not accrue any cash value. We’ll break down the key features that distinguish these insurance mainstays.
Key Takeaways
Term coverage only protects you for a limited number of years, while whole life provides lifelong protection—as long as you keep up with the premium payments. Term life is just insurance, whereas whole life adds a cash value component that you can tap during your lifetime. Whole life premiums can cost five to 15 times more than term policies with the same death benefit, so they're not a good fit for everyone.
Sabrina Jiang / Investopedia
Term Life Insurance
Term life insurance is perhaps the easiest to understand because it’s straightforward insurance, without a savings or investing component. The reason why you buy a term policy is because of the promise of a death benefit for your beneficiary should you pass away while it’s in force. For many people, it’s a way to make sure that their minor children are provided for and their mortgage is paid after they die.
As the name suggests, this basic form of insurance is only good for a certain period of time, whether it’s five, 20, or 30 years. After that, the policy expires.
Benefits
Costs are much lower than for many other types of life insurance. Term insurance is easier to understand than permanent policies.
Drawbacks
Only protects you for a limited number of years. Cannot be used as a wealth-building or tax-planning strategy.
Benefits of Term Life Insurance, Explained
Because term policies offer basic coverage with a finite duration, they tend to be the cheapest type of life insurance, often by a wide margin. If all you seek from a life insurance policy is the ability to protect your family when you die, then term insurance is likely the best fit.
Since term policies are typically more affordable and can last until your child enters adulthood, term insurance could be a particularly good option for single parents who want a safety net for their child if they die.
According to quotes gathered by Investopedia from more than 30 insurers, the average monthly premium for a 42-year-old man in excellent health applying for a 30-year term policy with a $250,000 death benefit is $33.24 a month. For a comparable female applicant, it’s $27.31.
Note
Women tend to have lower life insurance premiums on average because they typically have longer life spans than men.
Drawbacks of Term Life Insurance, Explained
A variety of factors will change the price, of course. For example, a larger death benefit or longer length of coverage will certainly increase the premiums. Also, most policies require a medical exam, so any health complications could raise your rates above the norm as well.
Because term insurance eventually expires, you can find yourself having spent all that money for no purpose other than peace of mind. Also, you can’t use your investment in term insurance to build wealth or save on taxes as you can with other types of insurance.
Whole Life Insurance
Whole life is a form of permanent life insurance, which differs from term insurance in two key ways:
It never expires as long as you keep making your premium payments. It provides some cash value in addition to the death benefit, which can be a source of funds for future needs.
Benefits
Allows you to borrow against or withdraw from the policy for other financial needs. Loans and withdrawals are generally tax-free, and loans may have beneficial terms. Lets you lock in your premiums for life.
Drawbacks
Costs much more than comparable term policies. If you let the policy lapse within the first few years, you could face surrender charges. Any outstanding loans will reduce your death benefit.
Benefits of Whole Life Insurance, Explained
Most whole life policies are “level premium,” meaning that you pay the same monthly rate for the duration of the policy. Those premiums are split in two ways. One part of your payment goes to the insurance component, while the other part helps build your cash value, which grows over time.
Many providers offer a guaranteed interest rate, although some companies sell participating policies, which pay unguaranteed dividends that can increase your total return.
Usually, your cash value doesn’t accrue until two to five years after coverage begins. Once it does, however, you can borrow or withdraw from your cash value amount, which grows on a tax-deferred basis. For example, you may want to do take out a loan to pay for expenses such as college tuition or repairs to your home.
The advantages of policy loans over other kinds of loans are that there’s no credit check and the interest rate may be lower. You also don’t have to repay the loan, but if you don't, you will reduce your death benefit. Withdrawals are generally tax-free if you don’t take out more than you’ve paid into the policy.
The ability to withdraw or borrow from a whole life insurance policy makes it a much more flexible financial tool than a term policy.
Drawbacks of Whole Life Insurance, Explained
Unfortunately, with whole life insurance, the death benefit and cash value aren’t completely separate features. If you take a loan from your policy, then your death benefit will go down by a corresponding amount if you don’t pay it back. For example, if you take out a $50,000 loan, then your beneficiaries will get $50,000 less, plus any interest due, if the loan is still outstanding.
The main disadvantage of whole life insurance is that it’s more expensive than a term policy—by quite a bit. Permanent policies cost on average five to 15 times more than term coverage with the same death benefit. For a lot of consumers, the relatively high cost makes it hard to keep up with payments.
Another potential drawback of whole life insurance is its complexity. With a term policy, for example, you can simply stop making payments if you no longer need the insurance or can no longer afford it. However, depending on your carrier, whole life policyholders may face a significant surrender charge if they decide to walk away from their policy. Usually, this charge shrinks as the years go by until it finally disappears.
Special Considerations
So which type of coverage is best for your family? If term coverage is all you can afford, then the answer is simple: Basic protection is better than no protection at all.
The question is a little trickier for folks who can afford the substantially higher premiums that come with a whole life policy. If your goal is to save for retirement, then many fee-based (that is, non-commission-earning) financial advisors recommend turning to 401(k)s and individual retirement accounts (IRAs) first. After maxing out those contributions, a cash value policy may be a better option for some people than a fully taxable investment account.
Some consumers have unique financial needs that a whole life policy can help manage more effectively. For example, parents with disabled children may want to consider whole life insurance, as it lasts your entire lifetime. As long as you keep paying the premiums, you know your kids will receive the death benefit from your policy, even when they’re adults.
Whole life can also be a valuable tool in succession planning for small businesses. As part of a buy and sell agreement, business partners will sometimes take out whole life insurance for each owner, so that the remaining partners can purchase the deceased’s equity stake in the event of their passing.
Regardless of insurance policy type, premiums will be lower the younger (and healthier) you are when you buy it.
Is Term Life Insurance Better Than Whole Life Insurance?
It depends on your needs and wants. If you only need life insurance for a relatively short period of time (such as only when you have minor children to raise), term life may be better because the premiums are more affordable. If you need permanent coverage that lasts your entire life, whole life is likely preferred. Whole life also offers several living benefits deriving from its cash value accumulation, which can be borrowed against or withdrawn during your lifetime.
What's the Longest Term Life Policy? Typical term life policies come in terms of 10, 15, 20, 25, or 30 years. A small number of insurers will offer 35- and 40-year policies as well.
What Happens to Term Life Insurance at the End of the Term? If the term ends on your life insurance policy, generally, the policy will just expire and you don’t need to do anything. However, your insurer may allow you to convert part or all of the term policy into a permanent policy. You’ll need to check on this possibility as early into the life of the policy as possible, because sometimes, term life conversion is only available in the early years of the policy.
The Bottom Line
With its cash value component, whole life insurance certainly offers more financial flexibility than term life insurance. Nevertheless, because permanent policies are more complex and expensive, a lot of consumers follow the old axiom, “Buy term and invest the rest.”
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
Insurance Information Institute. “What Are the Different Types of Term Life Insurance Policies?” Social Security Administration. “Actuarial Life Table, 2020 (2023 TR).” Allstate. “What Is Cash Value Life Insurance?” Fidelity Life. “Cash Value Life Insurance.” Guardian. “Can I Withdraw Cash from My Life Insurance Policy?” Policygenius. “Whole Life Insurance Rates for February 2023.” Guardian. “What Is the Cash Surrender Value of Life Insurance?”
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Partner Links
Related Terms
Whole Life Insurance Definition: How It Works, With Examples
Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component. more
Permanent Life Insurance: Definition, Types, and Difference from Term Life
Permanent life insurance refers to coverage that never expires, unlike term life insurance, and combines a death benefit with a savings component. more
Understanding Mortgage Life Insurance and Its Advantages
Mortgage life insurance is designed specifically to repay mortgage debt in the event of the death of the borrower. more
Life Insurance: What It Is, How It Works, and How To Buy a Policy
Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies. more
Level-Premium Insurance: Definition, Advantages, Example
Level-Premium Insurance is a term life insurance where the premiums remain the same throughout the duration of the contract. more
Adjustable Life Insurance: Definition, Pros & Cons, vs. Universal
Adjustable life insurance allows policyholders the option to change key features like premiums and the death benefit. more
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If you are looking for a hosting provider, you'll quickly discover there are different types of hosting with different prices, features, and technical specifications. In this article, we will discuss the most popular types of hosting and help you to decide which is suitable for your website.
If you’re looking to make a WordPress website, you’re going to need website hosting.
Once you start researching your options, you’ll quickly discover that there are different types of hosting, each with different prices, performance, features, and technical complexities.
If you want to make the right decision for your website, it’s important to know what each hosting type is, along with its associated pros and cons.
That’s what this post is for. We’ll start with a general explanation of what website hosting is. Then, we’ll break down the most popular types of hosting and help you understand which one is right for your website.
Read more about the hidden costs of website hosting
Table of Contents
What Is Website Hosting? The Five Main Types of Web Hosting Elementor Managed WordPress Hosting Conclusion
What Is Website Hosting?
Website hosting is the hardware that powers your website and makes it available to visitors around the world.
In other words, it’s where you store your website’s files and content and it’s also what serves those files to visitors when they access your site (by typing in your site’s domain name).
Every single website has some type of web hosting behind it, whether it’s a big website like YouTube or your friend’s knitting blog.
When you purchase web hosting, you’re essentially renting space on a computer. This could be part of a computer that you share with other people, an entire computer, or even space on a network of computers (AKA “the cloud”).
Once you have your website hosting, you can start putting it to use.
Just like you can install the software (e.g. apps) on your personal computer, you can also install software on your web hosting.
For example, creating a WordPress website requires two basic foundations: web hosting (the hardware) and WordPress (the software). Once you have these two set up, you can start designing your site with tools like Elementor. However, if you’re feeling overwhelmed by the technical aspects of managing your own web hosting, you can choose an all-in-one managed WordPress host like Elementor Hosting. It provides award-winning support and takes care of security, software updates, performance, and backups, so you can focus on designing and creating your site.
Different websites will have different hosting needs when it comes to the resources that are needed to power the website.
A high-traffic, high-resource website will need hosting with a lot of power to handle the workload, while a low-traffic site will be fine with less power.
In general, more powerful hosting will cost more money. You wouldn’t expect a cheap $300 laptop to perform as well as a $10,000 top-of-the-line computer, and it’s the same for web hosting.
The Five Main Types of Web Hosting
Now that you know what web hosting is, let’s go through the five main types of website hosting.
All of these hosting types are fully capable of powering WordPress sites. However, some may be more suited to your WordPress site’s unique situation than others.
1. Shared Hosting
With shared hosting, your account and websites will share resources with other hosting accounts on that server.
Really the only reason to choose shared hosting is the price. Because accounts share resources, shared hosting is typically the cheapest way of hosting a website.
Most shared hosting providers also advertise generous limits such as “unlimited websites” and “unlimited storage” (though there’s no such thing as truly “unlimited” hosting).
However, from a performance perspective, sharing resources with other accounts is not an optimal configuration. How well shared hosting performs really depends on how many hosting accounts the provider tries to put on each server.
2. VPS hosting
A Virtual Private Server (VPS) web hosting plan combines dedicated and shared web hosting features. The website content is hosted within virtually-partitioned sections on the web server to mimic a dedicated server while still sharing the server among multiple users.
VPS hosting provides businesses and website owners the ability to customize their storage resources on the web server without necessarily needing a dedicated server.
Advantages
Provides features of dedicated hosting but at a lower cost Higher uptimes and speeds than shared web hosting
Disadvantages
Cannot handle high traffic due to resource sharing Only a few aspects of the server can be controlled
3. Dedicated Hosting
With dedicated hosting, you have an entire physical server just for your site(s). You get everything and you don’t need to share it with anyone else.
The main advantage of dedicated hosting is that you have full control over the physical environment. You can choose the hardware, the software, and so on.
However, the vast majority of WordPress users do not need dedicated hosting. This is mainly a solution for large enterprise businesses that need a dedicated hardware environment for specific technical or regulatory reasons.
For most WordPress users, you can get the performance benefits of dedicated resources by using cloud hosting, at a lower price than dedicated hosting.
Dedicated hosting is something that you’ll come across, which is why it’s worth mentioning. But for a quick-loading website, Managed WordPress hosting offers better value.
4. Managed WordPress Hosting
Managed WordPress hosting is a type of hosting service specifically designed for websites built with WordPress. Unlike traditional hosting, managed WordPress hosting provides a more optimized and secure environment for hosting WordPress websites.
The hosting provider takes care of the technical aspects of running and maintaining the website, such as software updates, security, backups, and performance optimization. This allows website owners to focus on creating and publishing content, without having to worry about the underlying technical infrastructure.
The defining feature of managed WordPress hosting is that they offer a suite of “concierge” features for WordPress users that go beyond what generic hosting offers. This includes features such as the following:
Automatic backups Staging Automatic WordPress updates Built-in performance optimizations. WordPress-specific security features Expert WordPress support
5. Colocation Hosting
Colocation hosting is an advanced type of hosting that’s really only used by large businesses.
With colocation hosting, you physically own the hosting hardware. That is, you’ll actually purchase the hosting servers that you want to use. However, you rent space in another company’s data center to have that company power and maintain that hardware for you.
Basically, you get to keep using your own infrastructure but you eliminate the need to have your own physical space for that infrastructure (along with all of the associated costs such as electricity and air conditioning).
Again, this is not something a WordPress user will ever need, but it is a type of hosting that you might see, so it’s helpful to know this term.
Elementor’s Managed WordPress Hosting
As you can see, there’s a good deal of complexity when it comes to the different types of hosting.
If you don’t want to deal with choosing between all of these options and you’d rather just focus on building and growing your website, you might prefer to use Elementor Hosting.
Elementor Hosting takes the headache out of choosing hosting infrastructure by giving you a complete platform to build a website using WordPress and Elementor. Instead of messing around with technical details, all you do is sign up and start building your site using the pre-installed tools.
Elementor Hosting offers an all-in-one managed WordPress hosting solution for an affordable price with no other cost surprises.
With hosting plans starting from just $9.99/mo for the first year, you’ll get the following:
Managed WordPress Hosting powered by Google Cloud Platform WordPress and Elementor Pro pre-installed Fast & Secure CDN by Cloudflare Free SSL certificate and DDoS protection Plenty of storage, bandwidth and monthly visit options Free custom domain connection Free Elementor Domain Automatic daily backups On-demand backup Top support for both Hosting and Elementor
You get all Elementor Pro widgets, features and templates out of the box, in a hassle free hosting platform, optimized especially for Elementor builder. Remember – it’s an all-in-one solution for building websites!
Conclusion
If you want to make a website, you need website hosting. However, there are different types of hosting that you can choose from, so it’s important to understand your options, along with the pros and cons of each type of hosting.
For example, some hosting types focus on keeping costs low at the expense of performance, while others focus on offering maximum performance and flexibility (but often at the expense of higher costs or added complexity).
For those looking for a simpler user-friendly way to get started, Elementor Hosting is a great choice to get your site up and running quickly without any technical headaches. You’ll have peace of mind knowing that everything is managed for you, including robust security, automatic software updates, and regular backups. Additionally, your site will load quickly providing a great experience for your visitors.
Instead of worrying about technical details and which type of hosting is best, you can focus on building websites right away using Elementor’s all-in-one platform.
Do you still have any questions about the different types of hosting and which one is right for your website(s)? Let us know in the comments!
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Matan Naveh
Matan started his career as a Radio Broadcaster, he worked as a content manager and Editor-in-Chief for over 15 years. Matan enjoys psychological horror movies and 80's Chinese restaurants.
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Morning and Evening MBA
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General Information
For additional information about important dates and times, please consult the Rotman HUB.
The Morning & Evening MBA degree is considered a full-time program spanning 32 months for working professionals.
Rotman offers two Collaborative Program Specializations with different graduate departments at the University of Toronto for Morning & Evening MBA students:
Collaborative Program in Asia-Pacific Studies
Collaborative Program in Environmental Studies
Rules and regulations for the Morning & Evening MBA program are governed by the School of Graduate Studies (SGS) at the University of Toronto. The regulations of SGS are applicable, but not limited to, all matters relating to academic standards, examinations, course enrolment, and academic integrity. The SGS Calendar is available online.
The Managing Director, Professional MBA Programs is responsible for all aspects of the Morning & Evening MBA program and works closely with the Academic Director, the Vice-Dean, MBA Programs, and the Dean of the Rotman School of Management to ensure a high quality student experience for all.
Normal Program Length
8 sessions (3 years)Typical registration sequence: Fall > Winter > Summer > Fall > Winter > Summer > Fall > Winter
Time Limit
3 years
Curriculum
Curriculum information is available at Morning and Evening MBA Curriculum.
Fees and Registration
The information provided on this page is specific to the Morning and Evening MBA program. For general information on fees, including invoices; legal status; health insurance; making payments; tax forms; the Professional Student Loan Program; government assistance; sponsorship of tuition by a third party; additional and service charges; and restrictions and penalties on past due accounts, please see the Finances section.
Registration for the MBA Program is a multi-step process involving program registration, course enrolment, and fee payment. More information about registration and enrolment can be found in the Registration and Course Enrolment section of our Policies and Guidelines.
Students are registered as soon as they have paid the required minimum amount of academic, ancillary, and incidental fees as stated on the tuition fee invoice. By virtue of being registered, a student agrees to abide by all of the academic and non-academic policies, rules, and regulations of the University and their academic division as set out in the divisional calendar, and to ensure that the accuracy of personal information such as the current mailing address and telephone number is maintained.
Step One: Program Registration (Core Courses Only)
Students must read and agree to the terms outlined on the MBA Program Registration form and the Rotman Code of Conduct. Students who do not agree to the terms will not be considered registered and therefore will not be able to attend classes. These documents must be submitted by the start of the MBA Program.
Step Two: Course Enrolment
The Registar’s Office will automatically enrol students in all compulsory core MBA classes in early August. MBA students do not use the student registration system (ACORN) to register for MBA courses.
Step Three: Online Invoice and Fee Payment
The University of Toronto Student Accounts office will provide students with an online fees invoice via ACORN. The fees invoice will be available online as of mid-July. In order for students to be considered registered in the program, the minimum payment to register amount as stated on the fees invoice must be paid by 1 September. A monthly service charge of 1.5% compounded (19.56% per annum) will begin to accrue on any outstanding balance as of 15 October.
Fee payments are accepted at most Canadian financial institutions; please retain a receipt as proof of payment. Students will find payment instructions in Finances, Fees, and Taxes.
It is the students’ responsibility to ensure they make the fee payment by the deadline and to monitor their student account through ACORN.
It is the students’ responsibility to ensure they make every effort to make tuition payment by the deadline. Any student who registers (pays fees) after the deadline is required to pay a late registration fee of $44.00.
The tuition fees charged for each session of registration have four components:
Program Fees
Rotman Ancillary Fees
University Compulsory Incidental Fees
University Non-Compulsory Incidental Fees
The following tables are estimates. Please refer to the University of Toronto’s Planning & Budget website for the most accurate and up-to-date fees schedules.
The annual Program Fees for the Morning and Evening MBA Classes of 2024, 2025, and 2026 are illustrated below.
Annual Program Fees for the Morning and Evening MBA Class of 2024 (Entered in 2021)
Academic Year Canadian Citizens and Permanent Residents International Students on Student Authorization
Year 1 (2021–22) $30,846 $43,707
Year 2 (2022–23) $30,404 $43,707
Year 3 (2023–24) $29,522 $43,707
Total Program Fee $90,772 $131,121
Annual Program Fees for the Morning and Evening MBA Class of 2025 (Entered in 2022)
Academic Year Canadian Citizens and Permanent Residents International Students on Student Authorization
Year 1 (2022–23) $30,846 $44,580
Year 2 (2023–24) $30,404 $44,580
Year 3 (2024–25) $30,404 $44,580
Total Program Fee $91,654 $133,740
Annual Program Fees for the Morning and Evening MBA Class of 2026 (Entered in 2023)
Academic Year Canadian Citizens and Permanent Residents International Students on Student Authorization
Year 1 (2023-24) $30,846 $45,470
Year 2 (2024-25) $30,846 $45,470
Year 3 (2025-26) $30,846 $45,470
Total Program Fee $92,538
$136,410
Incidental & Ancillary Fees
In addition to the annual program fees noted above, students are required to submit payment for University mandatory incidental fees and Rotman ancillary fees. The University incidental fees amount to approximately $2,000 annually, which covers the terms from September–end-of-April and include campus fees and student society fees. Hart House privileges extend to end-of-August. The Rotman ancillary fees amount to approximately $325 annually, which covers the terms from September–end-of-August. Additional details, information, and finalized amounts will be updated as available and found on your fees invoice.
Rotman ancillary fees are charged by the School for services specific to the program. University incidental fees are charged by the University for services that are universal to all students: student unions; campus services, such as Hart House and the Athletic Centre; and electronic access fees for the cost of internet-based information access. This fee also includes health coverage and dental plan. Students with equivalent insurance elsewhere may opt out of these plans. Please visit the Graduate Students’ Union website for details.
The University Health Insurance Plan (UHIP) fee will automatically be added to fees invoices for International students only.
Note: The annual program fee, University incidental fees, and Rotman ancillary fees are set by the University and are subject to change. The University incidental fees amount noted above for future academic years are subject to approval by the Governing Council’s annual meeting each May.
Questions regarding how to Register Without Payment may be directed to the Registrar’s Office.
Teams
Team work is a substantial part of the Morning and Evening MBA program and plays a significant role in both the academic setting for course grades as well as training for professional life. Therefore, the content and the workload within the MBA program are structured around the requirement for students to work successfully in project teams.
In an effort to facilitate teamwork and allow students to benefit from the diversity of backgrounds represented in the program, the Program Services staff forms and assigns project teams of four to five students for all core courses which incorporate group work as part of the grading scheme. We take a number of factors into account when forming the project teams, including academic background, industry experience, program of study, and international background. Project teams are utilized for course projects and are also intended to provide an academic support for students for individual course work and class preparation.
Approximately 70% of the core courses have some element of graded team work, ranging in value from 10–40% of the overall course grade. The amount of team work varies by area and course in the elective phase of the program, during which period students will have the opportunity to form their own teams for project work.
Team Support
Rotman’s Self-Development Lab will be available to support the development of a positive team culture and to monitor the progress of each project team in terms of productivity and process.
Project teams or their individual members who encounter difficulties or are unable to resolve team issues are required to contact the Program Services staff as soon as possible. The Program Services staff, in consultation with the Self Development Lab will assist the student(s) to understand all angles of the situation, process and provide tools and resources to help students resolve project team concerns. The Program Service staff does not reassign project team member(s) unless extenuating circumstances occur and or the behaviour exhibited is contrary to the Rotman Code of Conduct. At which point additional sanctions may be placed on an offending student(s) that could impact their academic standing in the course and program.
Issues pertaining to academic and non-academic misconduct will be dealt with in accordance with the School of Graduate Studies policy (as defined by the University’s Code of Behaviour on Academic Matters).
Team Work and Academic Integrity
When working as a team, each team member is responsible for the work submitted collectively by the team. This includes work that may be considered academically dishonest, or in which an academic offence has been committed (as defined by the University’s Code of Behaviour on Academic Matters).
In other words, if one of your team members takes a shortcut and copies material from the internet or a past assignment, or simply isn’t aware of the rules regarding appropriate citation for sources consulted, the whole team faces consequences that may arise from an allegation of academic misconduct. It is up to each team member to be sufficiently familiar with the work being submitted; to check each other’s work for proper citations and originality; and to be aware of the relevant policies. As a general guideline, students should approach group assignments—and the checking of citations and originality—in the same manner that they normally would for an individual assignment; ultimately, ensuring the quality of the final product being submitted meets the standard of integrity.
Team Behaviours and Protocols
All students are expected to treat team work as they would in a business setting, ensuring professional behaviour at all times.
Professional behaviour in team settings includes (but is not limited to) the following:
Respecting and treating all others in a manner consistent with the Rotman Code of Conduct
Ensuring all team members voice their opinions, thoughts, and concerns
Taking personal responsibility to voice thoughts to benefit the team’s learning
Contributing equal time and effort to the project as others in the group
Committing to a standard of work agreed upon by the group
Participating in team projects at a level agreed upon by the entire team
General Dispute Resolution Procedures
The project team should attempt to resolve cases in which a team member does not demonstrate an adequate degree of commitment to the project team and its work, or if the quality of the work is not of MBA calibre or of the level expected by the project team. The general dispute resolution procedures are given below. Project teams that do not follow the general dispute resolution procedures described here are required to give each project team member equal credit for the disputed project work.
Early intervention can solve many of the minor disputes that arise among team members. During this stage a project lead is expected to ensure that the individual is aware of the team’s expectations and has the opportunity to commit to the successful completion of the project.
In the event that early intervention is unsuccessful, the project lead is expected to engage the support of the Program Services staff, without delay, to provide additional support and resolution options. The Program Services staff may enlist additional support and resources of an advisor from the Self-Development Lab and/or Academic Director if the situation necessitates.
If a satisfactory solution cannot be reached at the outcome of this discussion, the entire project team must meet with one of the team support designates. The team support designate will listen to every member of the team and discuss options for improving the team process and effectiveness. All members of the project team must commit to actively participate in the solution and utilize suggestions and terms agreed to in this meeting.
If attempts to resolve the project team’s issues have not been successful and the recurring issue(s) persist, the Program Services staff will consider alternative methods of team resolution, with due consideration for the University of Toronto’s Code of Behaviour on Academic Matters, Code of Student Behaviour, and the Rotman Code of Conduct, as well as the various support resources on campus. Resolution decisions may include an academic penalty.
Equitable Group Effort and Workload
In a situation where an individual or individuals have consistently failed to meet the project team’s expectations (as outlined in the team charter and the first project meeting for the specific project in question), and the dispute resolution procedure is not successful, a project lead must consult with their project team to decide whether or not the project team is to submit the assignment/project without all project team members’ names.
In the event that one or more project team members’ names are removed from the final submission, the affected student(s) is/are expected to contact both the instructor and Program Services immediately and no later than 48 hours after the submission deadline. The discussion with the affected student will be reviewed by the Program Services staff and the instructor for a final decision regarding academic penalty and/or accommodation by means of an alternative assignment.
Not all courses and deliverables in the Rotman MBA program lend themselves to individual completion. A key learning outcome of the program is a demonstrated ability to positively contribute to a project team. If a student is unable to function as part of the team they may jeopardize their ability to continue in or complete the program.
In extreme circumstances that involve concerns over physical or psychological safety (e.g. abusive behaviour, discrimination, harassment), the OSE will intervene much earlier in the process, drawing upon the appropriate resources of the University to do so.
Elective Course Teams
All members of the project team must actively work to resolve the issue through early intervention and discussion, led by a designated team leader. In the event that an internal project team resolution attempt fails, the instructor should then be approached as soon as possible for recommendations. The instructor may contact the Program Services staff or Registrar’s Office, if necessary, at any time in the process.
The instructor will listen to the team and offer options for improving the group process and to help with potential solutions. If these efforts do not result in a satisfactory resolution, the instructor and the Program Services staff will consider alternative methods of team resolution, with due consideration for the University of Toronto’s Code of Behaviour on Academic Matters, Code of Student Behaviour, the Rotman Code of Conduct, and the various support resources on campus. Resolution decisions may include an academic penalty.
Academic Penalties for Unprofessional Behaviour / Non-Participation
Failure to participate in group projects at a level agreed upon by the entire project team, or demonstrating unprofessional conduct, will not be tolerated and may be subject to investigation and academic penalty.
Unprofessional conduct includes violations of the professional behaviours listed above.
Support
Career Services
Rotman Career Services for Working Professionals recognizes that students are, for the most part, busy juggling full-time work, school, and families. Students are probably getting your MBA to advance their careers. And while there are many ways to measure the return on investment, our goal is to equip students with a lifelong toolkit they can use to take ownership of and manage their career and professional development long after their three years with us.
Career Services is committed to working closely with students to refine their career goals, market themselves efficiently, and network with people in a position to help them reach their targets. Career Services provides students with career support through a range of services, including:
Individual career counselling appointments in person or via telephone, including:
Self-assessment
Independent job search strategy
Career advancement strategies
Networking techniques
Résumé and cover letter review
Interview preparation
Job offer and negotiation advice
Professional development workshops and webinars on career related topics, including:
Developing a career management plan
Personal branding
Advanced Resumes
Networking
Technical interview preparation
Industry-specific speaker events
Attend over 80 free industry-specific speaking events per year
Participate in industry-specific student club events with alumni
Students looking for support or advice in any of the above areas are encouraged to request an appointment in person or through Career Services’ main email address.
Professional Development
Professional development is an overarching program for all MBA students which encompasses professional and personal skill development and career essentials workshops and seminars, delivered through the Registrar’s Office (RO) and Career Services.
The program has several key elements, all integral to the development of knowledge, skills and a network that can positively impact both career and academic success. Students are encouraged to consider their academic, personal, and professional goals when reviewing the various options made available throughout the MBA program to allow for skill and knowledge development that will assist each individual in meeting their goals.
Registration for a professional development workshop is via the Rotman HUB using the “Student Tools” tile. Once registered, students should submit payment either online or in person at the Registrar’s Office within 24 hours. Offerings may require additional registration fee and will be advertised accordingly.
The registration opens two to three weeks prior to each workshop date; details are communicated via email.
Note: All RO courses, workshops and activities require registration through the Rotman HUB.
Career Services workshops, courses and activities require registration through the Career Services website on the HUB. A program registration amount is listed for any activities which may require a fee.
Student Engagement
Getting involved in one of the many student leadership opportunities or becoming a member of an organization provides students with an excellent opportunity for personal and professional development. Being active in the Rotman community also allows students to expand their network by providing them with the opportunity to meet students in other programs, faculty, and industry professionals. Recognizing the hardest part is often finding time in already busy schedules, we encourage students to take full advantage of the numerous opportunities available to them while attending the Rotman School of Management.
Some of these opportunities include taking part in extracurricular activities, organizations, conferences, competitions, and events which further develop the already close-knit nature of the Rotman student community. Taking on a student leadership role allows you to partner with faculty, staff, and industry professionals to enhance the social, teaching, and learning environment at the school.
A schedule of current and upcoming events is available via the HUB‘s Calendar card. Program Services events are communicated via the the Programs Resources tile on Quercus.
Graduate Business Council
The Graduate Business Council (GBC) is the student-elected representative organization at Rotman. The GBC acts as an umbrella for all clubs, sporting, and social activities, as well as a liaison with the faculty and school administration.
Dean’s List
The Rotman School recognizes the top 20 per cent of both the first-year and graduating Morning and Evening MBA classes with a Dean’s List based on cumulative GPA. To be eligible for consideration, you must obtain passing grades in all courses and be registered in good standing.
Courses graded as CR/NCR, Pass/Fail, or Honours/Pass/Fail, do not count towards the GPA, nor do courses taken as EXTra. Late withdrawals (WDR) do not affect the GPA. Dean’s List notations are not included on the University of Toronto transcript.
Note that the Rotman School does not publicly rank students or release information on student rankings; however, the lists themselves are formally announced annually for the purposes of convocation, the Rotman Student Awards Ceremony and internal School recognition.
First Year Dean’s List
The First Year Dean’s list is compiled each year upon completion of all 1000-level core courses up to and including fall of Year 2.
In addition to recognizing the top 20 per cent the School also bestows the following honours:
The top student completing the core courses of the Morning or Evening MBA Program earns the title Dean’s List, with Distinction.
The Top 10 per cent of students completing the core courses of the Morning or Evening MBA Program earn the title Dean’s List, First Class.
The remaining students in the top 20 per cent of all students completing the core courses of the Morning or Evening MBA Program earn the title Dean’s List.
Graduating Year Dean’s List
The Graduating Dean’s List is compiled each year in mid-June and is based on a cumulative GPA for the entirety of the program. In addition to recognizing the top 20 per cent of the class, the School bestows the following honours:
The top student graduating from the Full-Time, Morning/Evening, EMBA, and GEMBA-HLS programs at the School earns the title Dean’s List and Bregman Scholar, Roger N. Wolff Prize.
The top 10 per cent of the students graduating from each Program earn the title Dean’s List and Bregman Scholar.
The remaining students in the top 20 per cent of students graduating from each Program earn the title Dean’s List.
Only elective courses taken to meet the degree requirements are considered; courses that have been designated as EXTra are not used in the GPA calculation for the Graduating Year Dean’s List.
Courses taken at other faculties within the University of Toronto will be considered as part of the GPA calculation for the Graduating Year Dean’s List.
Students who participate in the International Exchange Program are eligible to be considered for the Graduating Year Dean’s List based on Rotman MBA Courses taken. Grades received at the host university, however, will not be taken into consideration.
November Graduation: Students graduating in November will be reviewed and considered for the Dean’s List at the next June convocation.
Program Directory
The faculty and administrative staff at Rotman are dedicated to supporting the efforts of each individual student to realize his or her fullest potential. The staff in the Morning and Evening MBA Recruitment & Admissions Office, Office of Student Engagement, Registrar’s Office, Career Centre, and Career Services for Working Professionals Office are available for consultation on all matters relating to the Morning and Evening MBA program, including admissions; enrolment; registration; grade or course issues; financial assistance; international programs; career development opportunities; or special advising.
Managing Director, Program Strategy and Student Experience: Séan CorbishleyAcademic Director, Morning & Evening MBA Program: Tim RowleyDirector, Office of Student Engagement: Renice JonesAssistant Directors, Community and Culture, Morning & Evening MBA Program: Analise Anderson-Ma and Ashifa RajwaniProgram Manager, Morning & Evening MBA Program: Jonathan SooManaging Director, Recruitment, Admissions, and Business Development: Mohammad SalhiaDirector, Recruitment & Admissions, Full-Time and Morning & Evening MBA Programs: Nicola WoodsAssistant Directors, Recruitment & Admissions, Morning & Evening MBA Program: Angela Forster and Farhia JabaneyRecruitment & Admissions Officer, Morning & Evening MBA Program: Karla Palma BlandinoDirector, Career Services: Lyla KorhaniAssociate Director, Career Curriculum & Consulting, All MBA Programs: Cara McCreeryCareer Coaches, Full-Time and Morning & Evening MBA Programs: Amy Richards, Beti Ivanov, Cindy Chong, Rob Woon-Fat, Robyn Behlke, and Maria ParenteGeneral Questions/Assistance/Advice: me.mba.ose@rotman.utoronto.ca
Morning and Evening MBA
General Information Curriculum Fees and Registration Teams Support Student Engagement Dean’s List Program Directory
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HomeResourcesCareer Fast-trackWhat Is MBA: Types, Career Benefits and Preparation
Table of Contents What is an MBA?Types of MBA Benefits of an MBAHow to Prepare for an MBA?What Next?
What Is MBA: Types, Career Benefits and Preparation By Simplilearn
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Last updated on Feb 1, 20242381
Table of Contents What is an MBA?Types of MBA Benefits of an MBAHow to Prepare for an MBA?What Next?
With today’s world offering multiple career opportunities but also being more competitive than ever, you need to figure out how to stand out from the crowd. Whether you have just graduated or are a professional looking to scale up in your career, you can never go wrong with an MBA degree. So what is an MBA degree and what are its benefits? Is it worth it? If so, how can you prepare yourself for it? Let’s dive into each of these questions in detail. Simplify your journey to success with Simplilearn's MBA Courses - Streamline your learning, achieve tangible outcomes, and make your mark in the business realm.
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What is an MBA? MBA or Master of Business Administration is an internationally recognized degree providing you with a plethora of job opportunities in the corporate world. Having an MBA goes way beyond three letters on your resume. It helps you to build in-depth business knowledge, boost your career and salary prospects, and also grow your professional network. Most MBA programs come with a broad spectrum of business-related topics such as marketing, operations, human resource, finance, and communications. They not only help you for a fulfilling career, but they also prepare you with the tools and mindset to start your own business. The eligibility criteria to apply for an MBA degree is a bachelor’s degree. Some business schools may even select only those candidates who have a few years of professional work experience.
Types of MBA There are several routes you can take to earn an MBA degree. Although all of them result in you earning an MBA degree, there are some things that you should consider before choosing which route to take. Full-Time MBA A full-time MBA is the classic two-year MBA program that you may be familiar with. It includes physical classes, semester-wise assessment, internship, and placements. This is the most preferable option if you are a fresh graduate or want to put your job on hold for a while. Part-Time MBA A part-time MBA is a program where classes are either conducted in the evenings or during the weekends. Usually, these programs won’t come with internships or placements. It is best suited for working professionals who want to learn key managerial skills after their work hours. Distance MBA A distance MBA allows you to pursue an MBA degree via remote communication and correspondence. It is comparatively less expensive than a regular MBA program and offers you the flexibility to complete it on your own time. It is best suited for people with limited time and resources. Online MBA With everything moving online these days, this is currently the most popular mode of an MBA program that you can opt for. Lectures are given through live sessions or prerecorded and saved in the Learning Management System (LMS). There are no physical classes in an online MBA and all the assessments are done online as well. This is best suited for people who want to pursue an MBA program from a college or university which is not in their city or country. Executive MBA An Executive MBA program is specially designed for professionals with more than five years of work experience. The courses are usually of shorter duration but the curriculum is similar to a full-time MBA. This is the most expensive MBA program out there that will help you gain expert-level knowledge to enhance your career growth. It is best suited for people who work full-time and want to scale up to leadership positions.
Benefits of an MBA According to GMAC’s annual Corporate Recruiters Survey, employers offer new MBA hires with a median starting salary of $115,000 as compared to bachelor’s degree hires ($65,000) and direct-from-industry hires ($95,000).. Here are some more benefits of getting an MBA degree:
New Career Paths - An MBA program will not only help you understand complex business issues but will always help you determine exactly what you want in your future. This can open up your mind to new career paths than you originally planned. Holistic business education - An MBA program will offer you in-depth insights into business functioning at advanced levels. Improved communication skills - From oral presentations to sending emails to working with groups, an MBA program is uniquely designed to push students to communicate better and get their ideas across in a more concise manner. Build Connections - This is especially true if you opt for an Executive MBA program as you will get to connect with people from different backgrounds and create a massively expanded network of business contacts. How to Prepare for an MBA? Before you start considering an MBA, you need to do some research on the best business schools, study for GMAT, know which MBA field to specialize in, and lots more. Whether you plan to attend an immersive two-year MBA program or take up a course online, here are some practical steps you can take to prepare for an MBA. Talk to Alumni or Current Students Reach out to current and former MBA students enrolled at the program of your choice to get their perspectives. Some business schools arrange for campus visits and provide introductions, but you can reach out to current students through online platforms like LinkedIn as well. Expand Your Reading List Most MBA coursework includes reading a number of books as part of the preparation and coursework. Moreover, this will help you expand your knowledge in business, leadership, and global markets and make you more valuable as an MBA applicant to prestigious business schools. Here is a list of some of the best project management books to help you level up your skills. Work on Your Networking Skills One of the most valuable skills that you can possess as an MBA applicant is good networking skills. Over the course of an MBA program, you will get the opportunity to meet future business leaders and hence, good networking skills will work to your advantage. Prior to enrolling in an MBA program, make a conscious effort to network in corporate and social events. Pick a Specialty Many business schools offer a number of specialized programs like marketing, international business, finance, and so on. Figuring out what you want to specialize in will help you get a jump in your career.
What Next? Unlock your potential for leadership and strategic decision-making with the Executive Certificate Program In General Management, offered in collaboration between Simplilearn and IIM Indore. This comprehensive program is designed to empower executives and business professionals with the knowledge and skills needed to excel in today's dynamic business landscape.
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With Federated Insurance, you work directly with an industry expert who is committed to understanding the unique risks and opportunities associated with your business. With a dedicated agent and risk management team on your side, you will always get the right coverage for your company and can focus on what matters most. Trust. Advise. Protect.
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We’ve been around since 1920, proudly serving Canadians with innovative and affordable insurance protection. And while a lot has changed over the years, we’ve always stayed true to our belief that knowing your business matters. We take the time to get to know what your business does inside and out to ensure we’re protecting you from any and all of the risks you may be facing. We give you the time, dedication, and attention you deserve because we’re committed to building long-term relationships with the businesses we protect.
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Here are just a few of the key industries Federated Insurance is dedicated to serving:
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Automotive Repairs
Commercial Property
Contractors
Equipment Dealers
Fuel Dealers
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Wholesalers & Retailers
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When your business has strong insurance coverage, it has financial protection in the event of a loss. With a dedicated agent and risk management team there to help you, you’re able to focus on what matters most: running your business. Here are just a few of the insurance coverages that can help protect your business:
Cyber Risk Insurance: No matter what industry you’re in, your business could be vulnerable to cyber attacks. Cyber risk insurance helps support your business if devices or documents are lost or stolen, or if computer networks are breached.
Commercial General Liability: Commercial general liability insurance is an important coverage for all types of businesses to consider. It’s designed to protect businesses against costly lawsuits if they’re found legally liable for bodily injury or property damage to a third party.
Commercial Property Insurance: It takes a long time to build and maintain a strong business—why would you want to risk all of that hard work? Commercial property insurance will protect your business’ structure and everything inside it, such as tools, equipment, and inventory.
Commercial Auto Insurance: There are some key differences between personal and commercial auto insurance to consider, because without the proper coverage, your business may be vulnerable to an expensive claim. And as your business grows, so should your insurance coverage. If your business is protected by our Vehicle Fleet Insurance and acquires new vehicles, they’re automatically covered by a blanket fleet endorsement (even if you forget to tell us about them until your renewal!)
Business Interruption Insurance: What would you do if damage from an unexpected flood or fire forced you to cease operations for two to three months? Could your bank account handle the loss of income? Business interruption insurance will pay for your loss of net income, and continue to pay normal operating expenses if an insured loss suspends your operations.
Comprehensive Crime Coverage: This coverage will help mitigate the loss of money or securities due to employee dishonesty, robbery, burglary, and hold-ups. Comprehensive crime coverage can protect you both at and away from your business premises.
Our insurance solutions.
When your business has strong insurance coverage, it has financial protection in the event of a loss. With a dedicated agent and risk management team there to help you, you’re able to focus on what matters most: running your business. Here are just a few of the insurance coverages that can help protect your business:
Cyber Risk Insurance:
No matter what industry you’re in, your business could be vulnerable to cyber attacks. Cyber risk insurance helps support your business if devices or documents are lost or stolen, or if computer networks are breached.
Commercial General Liability:
Commercial general liability insurance is an important coverage for all types of businesses to consider. It’s designed to protect businesses against costly lawsuits if they’re found legally liable for bodily injury or property damage to a third party.
Commercial Property Insurance:
It takes a long time to build and maintain a strong business—why would you want to risk all of that hard work? Commercial property insurance will protect your business’ structure and everything inside it, such as tools, equipment, and inventory.
Commercial Auto Insurance:
There are some key differences between personal and commercial auto insurance, and without the proper coverage, your business may be vulnerable to an expensive claim.
Business Interruption Insurance:
What would you do if damage from an unexpected flood or fire forced you to cease operations for two to three months? Could your bank account handle the loss of income? Business interruption insurance will pay for your loss of net income, and continue to pay normal operating expenses if an insured loss suspends your operations.
Comprehensive Crime Coverage:
This coverage will help mitigate the loss of money or securities due to employee dishonesty, robbery, burglary, and hold-ups. Comprehensive crime coverage can protect you both at and away from your business premises.
Get a quote now
Cyber Risk Insurance:
No matter what industry you’re in, your business could be vulnerable to cyber attacks. Cyber risk insurance helps support your business if devices or documents are lost or stolen, or if computer networks are breached.
Commercial General Liability:
Commercial general liability insurance is an important coverage for all types of businesses to consider. It’s designed to protect businesses against costly lawsuits if they’re found legally liable for bodily injury or property damage to a third party.
Commercial Property Insurance:
It takes a long time to build and maintain a strong business—why would you want to risk all of that hard work? Commercial property insurance will protect your business’ structure and everything inside it, such as tools, equipment, and inventory.
Business Interruption Insurance:
What would you do if damage from an unexpected flood or fire forced you to cease operations for two to three months? Could your bank account handle the loss of income? Business interruption insurance will pay for your loss of net income, and continue to pay normal operating expenses if an insured loss suspends your operations.
Commercial Auto Insurance:
There are some key differences between personal and commercial auto insurance to consider, because without the proper coverage, your business may be vulnerable to an expensive claim. And as your business grows, so should your insurance coverage. If your business is protected by our Vehicle Fleet Insurance and acquires new vehicles, they’re automatically covered by a blanket fleet endorsement (even if you forget to tell us about them until your renewal!)
Comprehensive Crime Coverage:
This coverage will help mitigate the loss of money or securities due to employee dishonesty, robbery, burglary, and hold-ups. Comprehensive crime coverage can protect you both at and away from your business premises.
Get a quote now
Working with a Federated Insurance Agent is easy and fast.
We know you’re busy, which is why we’ve made our insurance process as seamless and effortless as possible.
Step
1You’ll speak to one of our industry-trained specialists. This person will become your dedicated Commercial Insurance Specialist, and be there throughout the entire process.
Step
2You and your Commercial Insurance Specialist will get to know one another. They’ll ask you some questions to ensure they understand your business inside and out.
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3Our expert team of Commercial Underwriters will review every aspect of the business you operate. Once they have all the information they need, they’ll build you a customized, comprehensive and affordable coverage program to meet all your needs.
Step
4Your long-term relationship with Federated Insurance begins! After your Commercial Insurance Specialist reviews your coverage program with you and walks you through the ins and outs of your coverage, you’ll sign on the dotted line.
Why do business owners buy from us?
We give you a personalized experience you just can’t find with other insurance companies. With Federated Insurance, you’ll have a dedicated Commercial Insurance Specialist to guide you through the entire journey. Here are just a few benefits of going direct with Federated Insurance.
Industry-trained specialists: Our Commercial Insurance Specialists take the time to understand your business now, and in the future. As your business grows and evolves, your Commercial Insurance Specialist will work with you to make sure your insurance coverage keeps up the changes. Direct access to expert underwriters: In some agencies, the sale comes first and the policy comes second. At Federated Insurance, our expert underwriters work side-by-side with our Commercial Insurance Specialists to make sure they understand the details and risks of your business before they create your coverage program. That way, you’re properly protected. A single solution and a streamlined claims process: Sometimes, depending on the complexities of your business, insurance companies will divvy up your coverage amongst a few different providers to ensure all your needs are met. If you ever suffer a claim, this can get messy due to multiple deductibles and different procedures, both of which result in longer timelines. We keep everything under one roof. Your dedicated Commercial Insurance Specialist will ensure you receive a customized program that meets all of your needs with one company. The personal touch: Big companies often mean call centres, multiple points of contact, and various forms of communication. With Federated Insurance, you have one dedicated specialist to guide you through all of your insurance needs. We’ll call, email, or drop by in person depending on what you prefer. We’ll also take care of all the paperwork so you can focus on what you do best — running your business. We’re more than just insurance coverage: We’re not just your insurance provider; we’re your trusted advisors and business partners. By choosing to partner with Federated Insurance, you gain direct access to our Risk Services team. This team of experts has decades of experience combating risks for all business types, and can provide mitigation and loss prevention strategies to help keep your business safe.
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What do our customers think of us?
Federated Insurance has been detailed, diligent and transparent with a view to ensuring appropriate cost-effective coverage for our business. On the claims side, responsive and accessible best describes their service. With Federated Insurance, we don’t just have an insurer; we have a real partner in our risk management program. Gregory P. Nakonechny - Vice President, Legal and Corporate Secretary, The Brick
As business owners, we have enough stress on a daily basis of running the company. To be honest, I was in complete awe you were so fast and accommodating in getting this all rectified for us. We are super busy on a daily basis, and I always felt that we were in good hands with you. Kendra Daniel - Production Manager, Viper Mechanical Plumbing & Heating Ltd.
Federated Insurance has been detailed, diligent and transparent with a view to ensuring appropriate cost-effective coverage for our business. On the claims side, responsive and accessible best describes their service. With Federated Insurance, we don’t just have an insurer; we have a real partner in our risk management program.
Gregory P. Nakonechny - Vice President, Legal and Corporate Secretary, The Brick
As business owners, we have enough stress on a daily basis of running the company. To be honest, I was in complete awe you were so fast and accommodating in getting this all rectified for us. We are super busy on a daily basis, and I always felt that we were in good hands with you.
Kendra Daniel - Production Manager, Viper Mechanical Plumbing & Heating Ltd.
We take your coverage a few steps further.
Risk Management Assist:
You work hard for your business, which is why it’s vital to do whatever you can to protect it from future losses. With Risk Management Assist, customers are granted unlimited telephone access to our team of Risk Services Specialists, who can help you mitigate risks by answering questions and providing expert guidance. Learn more
Legal Assist:
No matter the industry you work in, as a business owner you may encounter situations where you must contend with various laws and regulations. Federated Insurance’s Legal Assist service is here to help with expert legal advice on a variety of topics. Learn more
Trauma Assist:
Suffering a loss to your business is never easy. As a Federated Insurance customer, you’ll have access to confidential counselling services to help you and your employees work through the emotional effects of an insured, traumatic loss. Learn more
Cyber Assist:
Cyber attacks are becoming increasingly prevalent, which is why precautions against such attacks are vital. Federated Insurance offers Cyber Assist to help businesses take proactive measures against cyber breaches and provides reactive assistance in the event of a privacy breach. Learn more
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Being able to balance work, life and school commitments is critical for working professional students. UF MBA provides you the tools to be successful in all areas of your life while earning your MBA. You don’t have to be on campus every day to get a well-rounded, rich MBA experience.
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This 16-month option is an accelerated program for those who have an undergraduate degree in business and graduated in the last seven years. This is one of the quickest ways to get your MBA at UF. Students enrolled in UF’s Outreach Engineering Management (OEM) program are also eligible for this option.
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In 1999 the UF MBA Program was one of the first schools to offer a fully-accredited online degree. Now, UF MBA is regarded as one of the world’s best by Financial Times and U.S. News & World Report.
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Clemson's MBA Program is highly regarded for its innovative approach to advanced business topics. Our students can expect an engaging classroom experience with academically qualified faculty that also boasts business experience reaching far beyond the classroom. In addition, students can expect over 30 annual career-focused events that range from employer visits to networking forums and individual career counseling with the Princeton Review's #1 ranked Career Services team. Whether it is to be better prepared for your current role, break through the glass ceiling for the next promotion or land your dream job, Clemson's MBA Program is here to help you achieve your goals. Clemson is proud to offer various flexible MBA options to suit your schedule and career goals best. With an array of full-time and part-time MBA curriculums offered through in-person, 100% online or hybrid styles, Clemson MBA has the program for you. Click the links below to learn more about our different MBA curriculums.
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imothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. Timothy has helped provide CEOs and CFOs with deep-dive analytics, providing beautiful stories behind the numbers, graphs, and financial models.
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Term vs. Whole Life Insurance: An Overview
Term life insurance offers more affordable coverage than whole life, but it only lasts for a certain number of years instead of your lifetime, and it doesn't have the tax-free savings component that whole life has.
Term and whole are two of the most common types of life insurance. Whole life is a form of permanent life insurance that lasts as long as you live (assuming you pay the policy’s premiums). It also includes a cash value account—a savings component that grows tax-free over time and that you can withdraw from or borrow against while you are alive.
Term life insurance, on the other hand, lasts only for a set period of time (the term) and does not accrue any cash value. We’ll break down the key features that distinguish these insurance mainstays.
Key Takeaways
Term coverage only protects you for a limited number of years, while whole life provides lifelong protection—as long as you keep up with the premium payments. Term life is just insurance, whereas whole life adds a cash value component that you can tap during your lifetime. Whole life premiums can cost five to 15 times more than term policies with the same death benefit, so they're not a good fit for everyone.
Sabrina Jiang / Investopedia
Term Life Insurance
Term life insurance is perhaps the easiest to understand because it’s straightforward insurance, without a savings or investing component. The reason why you buy a term policy is because of the promise of a death benefit for your beneficiary should you pass away while it’s in force. For many people, it’s a way to make sure that their minor children are provided for and their mortgage is paid after they die.
As the name suggests, this basic form of insurance is only good for a certain period of time, whether it’s five, 20, or 30 years. After that, the policy expires.
Benefits
Costs are much lower than for many other types of life insurance. Term insurance is easier to understand than permanent policies.
Drawbacks
Only protects you for a limited number of years. Cannot be used as a wealth-building or tax-planning strategy.
Benefits of Term Life Insurance, Explained
Because term policies offer basic coverage with a finite duration, they tend to be the cheapest type of life insurance, often by a wide margin. If all you seek from a life insurance policy is the ability to protect your family when you die, then term insurance is likely the best fit.
Since term policies are typically more affordable and can last until your child enters adulthood, term insurance could be a particularly good option for single parents who want a safety net for their child if they die.
According to quotes gathered by Investopedia from more than 30 insurers, the average monthly premium for a 42-year-old man in excellent health applying for a 30-year term policy with a $250,000 death benefit is $33.24 a month. For a comparable female applicant, it’s $27.31.
Note
Women tend to have lower life insurance premiums on average because they typically have longer life spans than men.
Drawbacks of Term Life Insurance, Explained
A variety of factors will change the price, of course. For example, a larger death benefit or longer length of coverage will certainly increase the premiums. Also, most policies require a medical exam, so any health complications could raise your rates above the norm as well.
Because term insurance eventually expires, you can find yourself having spent all that money for no purpose other than peace of mind. Also, you can’t use your investment in term insurance to build wealth or save on taxes as you can with other types of insurance.
Whole Life Insurance
Whole life is a form of permanent life insurance, which differs from term insurance in two key ways:
It never expires as long as you keep making your premium payments. It provides some cash value in addition to the death benefit, which can be a source of funds for future needs.
Benefits
Allows you to borrow against or withdraw from the policy for other financial needs. Loans and withdrawals are generally tax-free, and loans may have beneficial terms. Lets you lock in your premiums for life.
Drawbacks
Costs much more than comparable term policies. If you let the policy lapse within the first few years, you could face surrender charges. Any outstanding loans will reduce your death benefit.
Benefits of Whole Life Insurance, Explained
Most whole life policies are “level premium,” meaning that you pay the same monthly rate for the duration of the policy. Those premiums are split in two ways. One part of your payment goes to the insurance component, while the other part helps build your cash value, which grows over time.
Many providers offer a guaranteed interest rate, although some companies sell participating policies, which pay unguaranteed dividends that can increase your total return.
Usually, your cash value doesn’t accrue until two to five years after coverage begins. Once it does, however, you can borrow or withdraw from your cash value amount, which grows on a tax-deferred basis. For example, you may want to do take out a loan to pay for expenses such as college tuition or repairs to your home.
The advantages of policy loans over other kinds of loans are that there’s no credit check and the interest rate may be lower. You also don’t have to repay the loan, but if you don't, you will reduce your death benefit. Withdrawals are generally tax-free if you don’t take out more than you’ve paid into the policy.
The ability to withdraw or borrow from a whole life insurance policy makes it a much more flexible financial tool than a term policy.
Drawbacks of Whole Life Insurance, Explained
Unfortunately, with whole life insurance, the death benefit and cash value aren’t completely separate features. If you take a loan from your policy, then your death benefit will go down by a corresponding amount if you don’t pay it back. For example, if you take out a $50,000 loan, then your beneficiaries will get $50,000 less, plus any interest due, if the loan is still outstanding.
The main disadvantage of whole life insurance is that it’s more expensive than a term policy—by quite a bit. Permanent policies cost on average five to 15 times more than term coverage with the same death benefit. For a lot of consumers, the relatively high cost makes it hard to keep up with payments.
Another potential drawback of whole life insurance is its complexity. With a term policy, for example, you can simply stop making payments if you no longer need the insurance or can no longer afford it. However, depending on your carrier, whole life policyholders may face a significant surrender charge if they decide to walk away from their policy. Usually, this charge shrinks as the years go by until it finally disappears.
Special Considerations
So which type of coverage is best for your family? If term coverage is all you can afford, then the answer is simple: Basic protection is better than no protection at all.
The question is a little trickier for folks who can afford the substantially higher premiums that come with a whole life policy. If your goal is to save for retirement, then many fee-based (that is, non-commission-earning) financial advisors recommend turning to 401(k)s and individual retirement accounts (IRAs) first. After maxing out those contributions, a cash value policy may be a better option for some people than a fully taxable investment account.
Some consumers have unique financial needs that a whole life policy can help manage more effectively. For example, parents with disabled children may want to consider whole life insurance, as it lasts your entire lifetime. As long as you keep paying the premiums, you know your kids will receive the death benefit from your policy, even when they’re adults.
Whole life can also be a valuable tool in succession planning for small businesses. As part of a buy and sell agreement, business partners will sometimes take out whole life insurance for each owner, so that the remaining partners can purchase the deceased’s equity stake in the event of their passing.
Regardless of insurance policy type, premiums will be lower the younger (and healthier) you are when you buy it.
Is Term Life Insurance Better Than Whole Life Insurance?
It depends on your needs and wants. If you only need life insurance for a relatively short period of time (such as only when you have minor children to raise), term life may be better because the premiums are more affordable. If you need permanent coverage that lasts your entire life, whole life is likely preferred. Whole life also offers several living benefits deriving from its cash value accumulation, which can be borrowed against or withdrawn during your lifetime.
What's the Longest Term Life Policy? Typical term life policies come in terms of 10, 15, 20, 25, or 30 years. A small number of insurers will offer 35- and 40-year policies as well.
What Happens to Term Life Insurance at the End of the Term? If the term ends on your life insurance policy, generally, the policy will just expire and you don’t need to do anything. However, your insurer may allow you to convert part or all of the term policy into a permanent policy. You’ll need to check on this possibility as early into the life of the policy as possible, because sometimes, term life conversion is only available in the early years of the policy.
The Bottom Line
With its cash value component, whole life insurance certainly offers more financial flexibility than term life insurance. Nevertheless, because permanent policies are more complex and expensive, a lot of consumers follow the old axiom, “Buy term and invest the rest.”
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
Insurance Information Institute. “What Are the Different Types of Term Life Insurance Policies?” Social Security Administration. “Actuarial Life Table, 2020 (2023 TR).” Allstate. “What Is Cash Value Life Insurance?” Fidelity Life. “Cash Value Life Insurance.” Guardian. “Can I Withdraw Cash from My Life Insurance Policy?” Policygenius. “Whole Life Insurance Rates for February 2023.” Guardian. “What Is the Cash Surrender Value of Life Insurance?”
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Whole Life Insurance Definition: How It Works, With Examples
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Partner Links
Related Terms
Whole Life Insurance Definition: How It Works, With Examples
Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component. more
Permanent Life Insurance: Definition, Types, and Difference from Term Life
Permanent life insurance refers to coverage that never expires, unlike term life insurance, and combines a death benefit with a savings component. more
Understanding Mortgage Life Insurance and Its Advantages
Mortgage life insurance is designed specifically to repay mortgage debt in the event of the death of the borrower. more
Life Insurance: What It Is, How It Works, and How To Buy a Policy
Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies. more
Level-Premium Insurance: Definition, Advantages, Example
Level-Premium Insurance is a term life insurance where the premiums remain the same throughout the duration of the contract. more
Adjustable Life Insurance: Definition, Pros & Cons, vs. Universal
Adjustable life insurance allows policyholders the option to change key features like premiums and the death benefit. more
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If you are looking for a hosting provider, you'll quickly discover there are different types of hosting with different prices, features, and technical specifications. In this article, we will discuss the most popular types of hosting and help you to decide which is suitable for your website.
If you’re looking to make a WordPress website, you’re going to need website hosting.
Once you start researching your options, you’ll quickly discover that there are different types of hosting, each with different prices, performance, features, and technical complexities.
If you want to make the right decision for your website, it’s important to know what each hosting type is, along with its associated pros and cons.
That’s what this post is for. We’ll start with a general explanation of what website hosting is. Then, we’ll break down the most popular types of hosting and help you understand which one is right for your website.
Read more about the hidden costs of website hosting
Table of Contents
What Is Website Hosting? The Five Main Types of Web Hosting Elementor Managed WordPress Hosting Conclusion
What Is Website Hosting?
Website hosting is the hardware that powers your website and makes it available to visitors around the world.
In other words, it’s where you store your website’s files and content and it’s also what serves those files to visitors when they access your site (by typing in your site’s domain name).
Every single website has some type of web hosting behind it, whether it’s a big website like YouTube or your friend’s knitting blog.
When you purchase web hosting, you’re essentially renting space on a computer. This could be part of a computer that you share with other people, an entire computer, or even space on a network of computers (AKA “the cloud”).
Once you have your website hosting, you can start putting it to use.
Just like you can install the software (e.g. apps) on your personal computer, you can also install software on your web hosting.
For example, creating a WordPress website requires two basic foundations: web hosting (the hardware) and WordPress (the software). Once you have these two set up, you can start designing your site with tools like Elementor. However, if you’re feeling overwhelmed by the technical aspects of managing your own web hosting, you can choose an all-in-one managed WordPress host like Elementor Hosting. It provides award-winning support and takes care of security, software updates, performance, and backups, so you can focus on designing and creating your site.
Different websites will have different hosting needs when it comes to the resources that are needed to power the website.
A high-traffic, high-resource website will need hosting with a lot of power to handle the workload, while a low-traffic site will be fine with less power.
In general, more powerful hosting will cost more money. You wouldn’t expect a cheap $300 laptop to perform as well as a $10,000 top-of-the-line computer, and it’s the same for web hosting.
The Five Main Types of Web Hosting
Now that you know what web hosting is, let’s go through the five main types of website hosting.
All of these hosting types are fully capable of powering WordPress sites. However, some may be more suited to your WordPress site’s unique situation than others.
1. Shared Hosting
With shared hosting, your account and websites will share resources with other hosting accounts on that server.
Really the only reason to choose shared hosting is the price. Because accounts share resources, shared hosting is typically the cheapest way of hosting a website.
Most shared hosting providers also advertise generous limits such as “unlimited websites” and “unlimited storage” (though there’s no such thing as truly “unlimited” hosting).
However, from a performance perspective, sharing resources with other accounts is not an optimal configuration. How well shared hosting performs really depends on how many hosting accounts the provider tries to put on each server.
2. VPS hosting
A Virtual Private Server (VPS) web hosting plan combines dedicated and shared web hosting features. The website content is hosted within virtually-partitioned sections on the web server to mimic a dedicated server while still sharing the server among multiple users.
VPS hosting provides businesses and website owners the ability to customize their storage resources on the web server without necessarily needing a dedicated server.
Advantages
Provides features of dedicated hosting but at a lower cost Higher uptimes and speeds than shared web hosting
Disadvantages
Cannot handle high traffic due to resource sharing Only a few aspects of the server can be controlled
3. Dedicated Hosting
With dedicated hosting, you have an entire physical server just for your site(s). You get everything and you don’t need to share it with anyone else.
The main advantage of dedicated hosting is that you have full control over the physical environment. You can choose the hardware, the software, and so on.
However, the vast majority of WordPress users do not need dedicated hosting. This is mainly a solution for large enterprise businesses that need a dedicated hardware environment for specific technical or regulatory reasons.
For most WordPress users, you can get the performance benefits of dedicated resources by using cloud hosting, at a lower price than dedicated hosting.
Dedicated hosting is something that you’ll come across, which is why it’s worth mentioning. But for a quick-loading website, Managed WordPress hosting offers better value.
4. Managed WordPress Hosting
Managed WordPress hosting is a type of hosting service specifically designed for websites built with WordPress. Unlike traditional hosting, managed WordPress hosting provides a more optimized and secure environment for hosting WordPress websites.
The hosting provider takes care of the technical aspects of running and maintaining the website, such as software updates, security, backups, and performance optimization. This allows website owners to focus on creating and publishing content, without having to worry about the underlying technical infrastructure.
The defining feature of managed WordPress hosting is that they offer a suite of “concierge” features for WordPress users that go beyond what generic hosting offers. This includes features such as the following:
Automatic backups Staging Automatic WordPress updates Built-in performance optimizations. WordPress-specific security features Expert WordPress support
5. Colocation Hosting
Colocation hosting is an advanced type of hosting that’s really only used by large businesses.
With colocation hosting, you physically own the hosting hardware. That is, you’ll actually purchase the hosting servers that you want to use. However, you rent space in another company’s data center to have that company power and maintain that hardware for you.
Basically, you get to keep using your own infrastructure but you eliminate the need to have your own physical space for that infrastructure (along with all of the associated costs such as electricity and air conditioning).
Again, this is not something a WordPress user will ever need, but it is a type of hosting that you might see, so it’s helpful to know this term.
Elementor’s Managed WordPress Hosting
As you can see, there’s a good deal of complexity when it comes to the different types of hosting.
If you don’t want to deal with choosing between all of these options and you’d rather just focus on building and growing your website, you might prefer to use Elementor Hosting.
Elementor Hosting takes the headache out of choosing hosting infrastructure by giving you a complete platform to build a website using WordPress and Elementor. Instead of messing around with technical details, all you do is sign up and start building your site using the pre-installed tools.
Elementor Hosting offers an all-in-one managed WordPress hosting solution for an affordable price with no other cost surprises.
With hosting plans starting from just $9.99/mo for the first year, you’ll get the following:
Managed WordPress Hosting powered by Google Cloud Platform WordPress and Elementor Pro pre-installed Fast & Secure CDN by Cloudflare Free SSL certificate and DDoS protection Plenty of storage, bandwidth and monthly visit options Free custom domain connection Free Elementor Domain Automatic daily backups On-demand backup Top support for both Hosting and Elementor
You get all Elementor Pro widgets, features and templates out of the box, in a hassle free hosting platform, optimized especially for Elementor builder. Remember – it’s an all-in-one solution for building websites!
Conclusion
If you want to make a website, you need website hosting. However, there are different types of hosting that you can choose from, so it’s important to understand your options, along with the pros and cons of each type of hosting.
For example, some hosting types focus on keeping costs low at the expense of performance, while others focus on offering maximum performance and flexibility (but often at the expense of higher costs or added complexity).
For those looking for a simpler user-friendly way to get started, Elementor Hosting is a great choice to get your site up and running quickly without any technical headaches. You’ll have peace of mind knowing that everything is managed for you, including robust security, automatic software updates, and regular backups. Additionally, your site will load quickly providing a great experience for your visitors.
Instead of worrying about technical details and which type of hosting is best, you can focus on building websites right away using Elementor’s all-in-one platform.
Do you still have any questions about the different types of hosting and which one is right for your website(s)? Let us know in the comments!
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Matan Naveh
Matan started his career as a Radio Broadcaster, he worked as a content manager and Editor-in-Chief for over 15 years. Matan enjoys psychological horror movies and 80's Chinese restaurants.
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Morning and Evening MBA
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General Information
For additional information about important dates and times, please consult the Rotman HUB.
The Morning & Evening MBA degree is considered a full-time program spanning 32 months for working professionals.
Rotman offers two Collaborative Program Specializations with different graduate departments at the University of Toronto for Morning & Evening MBA students:
Collaborative Program in Asia-Pacific Studies
Collaborative Program in Environmental Studies
Rules and regulations for the Morning & Evening MBA program are governed by the School of Graduate Studies (SGS) at the University of Toronto. The regulations of SGS are applicable, but not limited to, all matters relating to academic standards, examinations, course enrolment, and academic integrity. The SGS Calendar is available online.
The Managing Director, Professional MBA Programs is responsible for all aspects of the Morning & Evening MBA program and works closely with the Academic Director, the Vice-Dean, MBA Programs, and the Dean of the Rotman School of Management to ensure a high quality student experience for all.
Normal Program Length
8 sessions (3 years)Typical registration sequence: Fall > Winter > Summer > Fall > Winter > Summer > Fall > Winter
Time Limit
3 years
Curriculum
Curriculum information is available at Morning and Evening MBA Curriculum.
Fees and Registration
The information provided on this page is specific to the Morning and Evening MBA program. For general information on fees, including invoices; legal status; health insurance; making payments; tax forms; the Professional Student Loan Program; government assistance; sponsorship of tuition by a third party; additional and service charges; and restrictions and penalties on past due accounts, please see the Finances section.
Registration for the MBA Program is a multi-step process involving program registration, course enrolment, and fee payment. More information about registration and enrolment can be found in the Registration and Course Enrolment section of our Policies and Guidelines.
Students are registered as soon as they have paid the required minimum amount of academic, ancillary, and incidental fees as stated on the tuition fee invoice. By virtue of being registered, a student agrees to abide by all of the academic and non-academic policies, rules, and regulations of the University and their academic division as set out in the divisional calendar, and to ensure that the accuracy of personal information such as the current mailing address and telephone number is maintained.
Step One: Program Registration (Core Courses Only)
Students must read and agree to the terms outlined on the MBA Program Registration form and the Rotman Code of Conduct. Students who do not agree to the terms will not be considered registered and therefore will not be able to attend classes. These documents must be submitted by the start of the MBA Program.
Step Two: Course Enrolment
The Registar’s Office will automatically enrol students in all compulsory core MBA classes in early August. MBA students do not use the student registration system (ACORN) to register for MBA courses.
Step Three: Online Invoice and Fee Payment
The University of Toronto Student Accounts office will provide students with an online fees invoice via ACORN. The fees invoice will be available online as of mid-July. In order for students to be considered registered in the program, the minimum payment to register amount as stated on the fees invoice must be paid by 1 September. A monthly service charge of 1.5% compounded (19.56% per annum) will begin to accrue on any outstanding balance as of 15 October.
Fee payments are accepted at most Canadian financial institutions; please retain a receipt as proof of payment. Students will find payment instructions in Finances, Fees, and Taxes.
It is the students’ responsibility to ensure they make the fee payment by the deadline and to monitor their student account through ACORN.
It is the students’ responsibility to ensure they make every effort to make tuition payment by the deadline. Any student who registers (pays fees) after the deadline is required to pay a late registration fee of $44.00.
The tuition fees charged for each session of registration have four components:
Program Fees
Rotman Ancillary Fees
University Compulsory Incidental Fees
University Non-Compulsory Incidental Fees
The following tables are estimates. Please refer to the University of Toronto’s Planning & Budget website for the most accurate and up-to-date fees schedules.
The annual Program Fees for the Morning and Evening MBA Classes of 2024, 2025, and 2026 are illustrated below.
Annual Program Fees for the Morning and Evening MBA Class of 2024 (Entered in 2021)
Academic Year Canadian Citizens and Permanent Residents International Students on Student Authorization
Year 1 (2021–22) $30,846 $43,707
Year 2 (2022–23) $30,404 $43,707
Year 3 (2023–24) $29,522 $43,707
Total Program Fee $90,772 $131,121
Annual Program Fees for the Morning and Evening MBA Class of 2025 (Entered in 2022)
Academic Year Canadian Citizens and Permanent Residents International Students on Student Authorization
Year 1 (2022–23) $30,846 $44,580
Year 2 (2023–24) $30,404 $44,580
Year 3 (2024–25) $30,404 $44,580
Total Program Fee $91,654 $133,740
Annual Program Fees for the Morning and Evening MBA Class of 2026 (Entered in 2023)
Academic Year Canadian Citizens and Permanent Residents International Students on Student Authorization
Year 1 (2023-24) $30,846 $45,470
Year 2 (2024-25) $30,846 $45,470
Year 3 (2025-26) $30,846 $45,470
Total Program Fee $92,538
$136,410
Incidental & Ancillary Fees
In addition to the annual program fees noted above, students are required to submit payment for University mandatory incidental fees and Rotman ancillary fees. The University incidental fees amount to approximately $2,000 annually, which covers the terms from September–end-of-April and include campus fees and student society fees. Hart House privileges extend to end-of-August. The Rotman ancillary fees amount to approximately $325 annually, which covers the terms from September–end-of-August. Additional details, information, and finalized amounts will be updated as available and found on your fees invoice.
Rotman ancillary fees are charged by the School for services specific to the program. University incidental fees are charged by the University for services that are universal to all students: student unions; campus services, such as Hart House and the Athletic Centre; and electronic access fees for the cost of internet-based information access. This fee also includes health coverage and dental plan. Students with equivalent insurance elsewhere may opt out of these plans. Please visit the Graduate Students’ Union website for details.
The University Health Insurance Plan (UHIP) fee will automatically be added to fees invoices for International students only.
Note: The annual program fee, University incidental fees, and Rotman ancillary fees are set by the University and are subject to change. The University incidental fees amount noted above for future academic years are subject to approval by the Governing Council’s annual meeting each May.
Questions regarding how to Register Without Payment may be directed to the Registrar’s Office.
Teams
Team work is a substantial part of the Morning and Evening MBA program and plays a significant role in both the academic setting for course grades as well as training for professional life. Therefore, the content and the workload within the MBA program are structured around the requirement for students to work successfully in project teams.
In an effort to facilitate teamwork and allow students to benefit from the diversity of backgrounds represented in the program, the Program Services staff forms and assigns project teams of four to five students for all core courses which incorporate group work as part of the grading scheme. We take a number of factors into account when forming the project teams, including academic background, industry experience, program of study, and international background. Project teams are utilized for course projects and are also intended to provide an academic support for students for individual course work and class preparation.
Approximately 70% of the core courses have some element of graded team work, ranging in value from 10–40% of the overall course grade. The amount of team work varies by area and course in the elective phase of the program, during which period students will have the opportunity to form their own teams for project work.
Team Support
Rotman’s Self-Development Lab will be available to support the development of a positive team culture and to monitor the progress of each project team in terms of productivity and process.
Project teams or their individual members who encounter difficulties or are unable to resolve team issues are required to contact the Program Services staff as soon as possible. The Program Services staff, in consultation with the Self Development Lab will assist the student(s) to understand all angles of the situation, process and provide tools and resources to help students resolve project team concerns. The Program Service staff does not reassign project team member(s) unless extenuating circumstances occur and or the behaviour exhibited is contrary to the Rotman Code of Conduct. At which point additional sanctions may be placed on an offending student(s) that could impact their academic standing in the course and program.
Issues pertaining to academic and non-academic misconduct will be dealt with in accordance with the School of Graduate Studies policy (as defined by the University’s Code of Behaviour on Academic Matters).
Team Work and Academic Integrity
When working as a team, each team member is responsible for the work submitted collectively by the team. This includes work that may be considered academically dishonest, or in which an academic offence has been committed (as defined by the University’s Code of Behaviour on Academic Matters).
In other words, if one of your team members takes a shortcut and copies material from the internet or a past assignment, or simply isn’t aware of the rules regarding appropriate citation for sources consulted, the whole team faces consequences that may arise from an allegation of academic misconduct. It is up to each team member to be sufficiently familiar with the work being submitted; to check each other’s work for proper citations and originality; and to be aware of the relevant policies. As a general guideline, students should approach group assignments—and the checking of citations and originality—in the same manner that they normally would for an individual assignment; ultimately, ensuring the quality of the final product being submitted meets the standard of integrity.
Team Behaviours and Protocols
All students are expected to treat team work as they would in a business setting, ensuring professional behaviour at all times.
Professional behaviour in team settings includes (but is not limited to) the following:
Respecting and treating all others in a manner consistent with the Rotman Code of Conduct
Ensuring all team members voice their opinions, thoughts, and concerns
Taking personal responsibility to voice thoughts to benefit the team’s learning
Contributing equal time and effort to the project as others in the group
Committing to a standard of work agreed upon by the group
Participating in team projects at a level agreed upon by the entire team
General Dispute Resolution Procedures
The project team should attempt to resolve cases in which a team member does not demonstrate an adequate degree of commitment to the project team and its work, or if the quality of the work is not of MBA calibre or of the level expected by the project team. The general dispute resolution procedures are given below. Project teams that do not follow the general dispute resolution procedures described here are required to give each project team member equal credit for the disputed project work.
Early intervention can solve many of the minor disputes that arise among team members. During this stage a project lead is expected to ensure that the individual is aware of the team’s expectations and has the opportunity to commit to the successful completion of the project.
In the event that early intervention is unsuccessful, the project lead is expected to engage the support of the Program Services staff, without delay, to provide additional support and resolution options. The Program Services staff may enlist additional support and resources of an advisor from the Self-Development Lab and/or Academic Director if the situation necessitates.
If a satisfactory solution cannot be reached at the outcome of this discussion, the entire project team must meet with one of the team support designates. The team support designate will listen to every member of the team and discuss options for improving the team process and effectiveness. All members of the project team must commit to actively participate in the solution and utilize suggestions and terms agreed to in this meeting.
If attempts to resolve the project team’s issues have not been successful and the recurring issue(s) persist, the Program Services staff will consider alternative methods of team resolution, with due consideration for the University of Toronto’s Code of Behaviour on Academic Matters, Code of Student Behaviour, and the Rotman Code of Conduct, as well as the various support resources on campus. Resolution decisions may include an academic penalty.
Equitable Group Effort and Workload
In a situation where an individual or individuals have consistently failed to meet the project team’s expectations (as outlined in the team charter and the first project meeting for the specific project in question), and the dispute resolution procedure is not successful, a project lead must consult with their project team to decide whether or not the project team is to submit the assignment/project without all project team members’ names.
In the event that one or more project team members’ names are removed from the final submission, the affected student(s) is/are expected to contact both the instructor and Program Services immediately and no later than 48 hours after the submission deadline. The discussion with the affected student will be reviewed by the Program Services staff and the instructor for a final decision regarding academic penalty and/or accommodation by means of an alternative assignment.
Not all courses and deliverables in the Rotman MBA program lend themselves to individual completion. A key learning outcome of the program is a demonstrated ability to positively contribute to a project team. If a student is unable to function as part of the team they may jeopardize their ability to continue in or complete the program.
In extreme circumstances that involve concerns over physical or psychological safety (e.g. abusive behaviour, discrimination, harassment), the OSE will intervene much earlier in the process, drawing upon the appropriate resources of the University to do so.
Elective Course Teams
All members of the project team must actively work to resolve the issue through early intervention and discussion, led by a designated team leader. In the event that an internal project team resolution attempt fails, the instructor should then be approached as soon as possible for recommendations. The instructor may contact the Program Services staff or Registrar’s Office, if necessary, at any time in the process.
The instructor will listen to the team and offer options for improving the group process and to help with potential solutions. If these efforts do not result in a satisfactory resolution, the instructor and the Program Services staff will consider alternative methods of team resolution, with due consideration for the University of Toronto’s Code of Behaviour on Academic Matters, Code of Student Behaviour, the Rotman Code of Conduct, and the various support resources on campus. Resolution decisions may include an academic penalty.
Academic Penalties for Unprofessional Behaviour / Non-Participation
Failure to participate in group projects at a level agreed upon by the entire project team, or demonstrating unprofessional conduct, will not be tolerated and may be subject to investigation and academic penalty.
Unprofessional conduct includes violations of the professional behaviours listed above.
Support
Career Services
Rotman Career Services for Working Professionals recognizes that students are, for the most part, busy juggling full-time work, school, and families. Students are probably getting your MBA to advance their careers. And while there are many ways to measure the return on investment, our goal is to equip students with a lifelong toolkit they can use to take ownership of and manage their career and professional development long after their three years with us.
Career Services is committed to working closely with students to refine their career goals, market themselves efficiently, and network with people in a position to help them reach their targets. Career Services provides students with career support through a range of services, including:
Individual career counselling appointments in person or via telephone, including:
Self-assessment
Independent job search strategy
Career advancement strategies
Networking techniques
Résumé and cover letter review
Interview preparation
Job offer and negotiation advice
Professional development workshops and webinars on career related topics, including:
Developing a career management plan
Personal branding
Advanced Resumes
Networking
Technical interview preparation
Industry-specific speaker events
Attend over 80 free industry-specific speaking events per year
Participate in industry-specific student club events with alumni
Students looking for support or advice in any of the above areas are encouraged to request an appointment in person or through Career Services’ main email address.
Professional Development
Professional development is an overarching program for all MBA students which encompasses professional and personal skill development and career essentials workshops and seminars, delivered through the Registrar’s Office (RO) and Career Services.
The program has several key elements, all integral to the development of knowledge, skills and a network that can positively impact both career and academic success. Students are encouraged to consider their academic, personal, and professional goals when reviewing the various options made available throughout the MBA program to allow for skill and knowledge development that will assist each individual in meeting their goals.
Registration for a professional development workshop is via the Rotman HUB using the “Student Tools” tile. Once registered, students should submit payment either online or in person at the Registrar’s Office within 24 hours. Offerings may require additional registration fee and will be advertised accordingly.
The registration opens two to three weeks prior to each workshop date; details are communicated via email.
Note: All RO courses, workshops and activities require registration through the Rotman HUB.
Career Services workshops, courses and activities require registration through the Career Services website on the HUB. A program registration amount is listed for any activities which may require a fee.
Student Engagement
Getting involved in one of the many student leadership opportunities or becoming a member of an organization provides students with an excellent opportunity for personal and professional development. Being active in the Rotman community also allows students to expand their network by providing them with the opportunity to meet students in other programs, faculty, and industry professionals. Recognizing the hardest part is often finding time in already busy schedules, we encourage students to take full advantage of the numerous opportunities available to them while attending the Rotman School of Management.
Some of these opportunities include taking part in extracurricular activities, organizations, conferences, competitions, and events which further develop the already close-knit nature of the Rotman student community. Taking on a student leadership role allows you to partner with faculty, staff, and industry professionals to enhance the social, teaching, and learning environment at the school.
A schedule of current and upcoming events is available via the HUB‘s Calendar card. Program Services events are communicated via the the Programs Resources tile on Quercus.
Graduate Business Council
The Graduate Business Council (GBC) is the student-elected representative organization at Rotman. The GBC acts as an umbrella for all clubs, sporting, and social activities, as well as a liaison with the faculty and school administration.
Dean’s List
The Rotman School recognizes the top 20 per cent of both the first-year and graduating Morning and Evening MBA classes with a Dean’s List based on cumulative GPA. To be eligible for consideration, you must obtain passing grades in all courses and be registered in good standing.
Courses graded as CR/NCR, Pass/Fail, or Honours/Pass/Fail, do not count towards the GPA, nor do courses taken as EXTra. Late withdrawals (WDR) do not affect the GPA. Dean’s List notations are not included on the University of Toronto transcript.
Note that the Rotman School does not publicly rank students or release information on student rankings; however, the lists themselves are formally announced annually for the purposes of convocation, the Rotman Student Awards Ceremony and internal School recognition.
First Year Dean’s List
The First Year Dean’s list is compiled each year upon completion of all 1000-level core courses up to and including fall of Year 2.
In addition to recognizing the top 20 per cent the School also bestows the following honours:
The top student completing the core courses of the Morning or Evening MBA Program earns the title Dean’s List, with Distinction.
The Top 10 per cent of students completing the core courses of the Morning or Evening MBA Program earn the title Dean’s List, First Class.
The remaining students in the top 20 per cent of all students completing the core courses of the Morning or Evening MBA Program earn the title Dean’s List.
Graduating Year Dean’s List
The Graduating Dean’s List is compiled each year in mid-June and is based on a cumulative GPA for the entirety of the program. In addition to recognizing the top 20 per cent of the class, the School bestows the following honours:
The top student graduating from the Full-Time, Morning/Evening, EMBA, and GEMBA-HLS programs at the School earns the title Dean’s List and Bregman Scholar, Roger N. Wolff Prize.
The top 10 per cent of the students graduating from each Program earn the title Dean’s List and Bregman Scholar.
The remaining students in the top 20 per cent of students graduating from each Program earn the title Dean’s List.
Only elective courses taken to meet the degree requirements are considered; courses that have been designated as EXTra are not used in the GPA calculation for the Graduating Year Dean’s List.
Courses taken at other faculties within the University of Toronto will be considered as part of the GPA calculation for the Graduating Year Dean’s List.
Students who participate in the International Exchange Program are eligible to be considered for the Graduating Year Dean’s List based on Rotman MBA Courses taken. Grades received at the host university, however, will not be taken into consideration.
November Graduation: Students graduating in November will be reviewed and considered for the Dean’s List at the next June convocation.
Program Directory
The faculty and administrative staff at Rotman are dedicated to supporting the efforts of each individual student to realize his or her fullest potential. The staff in the Morning and Evening MBA Recruitment & Admissions Office, Office of Student Engagement, Registrar’s Office, Career Centre, and Career Services for Working Professionals Office are available for consultation on all matters relating to the Morning and Evening MBA program, including admissions; enrolment; registration; grade or course issues; financial assistance; international programs; career development opportunities; or special advising.
Managing Director, Program Strategy and Student Experience: Séan CorbishleyAcademic Director, Morning & Evening MBA Program: Tim RowleyDirector, Office of Student Engagement: Renice JonesAssistant Directors, Community and Culture, Morning & Evening MBA Program: Analise Anderson-Ma and Ashifa RajwaniProgram Manager, Morning & Evening MBA Program: Jonathan SooManaging Director, Recruitment, Admissions, and Business Development: Mohammad SalhiaDirector, Recruitment & Admissions, Full-Time and Morning & Evening MBA Programs: Nicola WoodsAssistant Directors, Recruitment & Admissions, Morning & Evening MBA Program: Angela Forster and Farhia JabaneyRecruitment & Admissions Officer, Morning & Evening MBA Program: Karla Palma BlandinoDirector, Career Services: Lyla KorhaniAssociate Director, Career Curriculum & Consulting, All MBA Programs: Cara McCreeryCareer Coaches, Full-Time and Morning & Evening MBA Programs: Amy Richards, Beti Ivanov, Cindy Chong, Rob Woon-Fat, Robyn Behlke, and Maria ParenteGeneral Questions/Assistance/Advice: me.mba.ose@rotman.utoronto.ca
Morning and Evening MBA
General Information Curriculum Fees and Registration Teams Support Student Engagement Dean’s List Program Directory
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HomeResourcesCareer Fast-trackWhat Is MBA: Types, Career Benefits and Preparation
Table of Contents What is an MBA?Types of MBA Benefits of an MBAHow to Prepare for an MBA?What Next?
What Is MBA: Types, Career Benefits and Preparation By Simplilearn
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Last updated on Feb 1, 20242381
Table of Contents What is an MBA?Types of MBA Benefits of an MBAHow to Prepare for an MBA?What Next?
With today’s world offering multiple career opportunities but also being more competitive than ever, you need to figure out how to stand out from the crowd. Whether you have just graduated or are a professional looking to scale up in your career, you can never go wrong with an MBA degree. So what is an MBA degree and what are its benefits? Is it worth it? If so, how can you prepare yourself for it? Let’s dive into each of these questions in detail. Simplify your journey to success with Simplilearn's MBA Courses - Streamline your learning, achieve tangible outcomes, and make your mark in the business realm.
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What is an MBA? MBA or Master of Business Administration is an internationally recognized degree providing you with a plethora of job opportunities in the corporate world. Having an MBA goes way beyond three letters on your resume. It helps you to build in-depth business knowledge, boost your career and salary prospects, and also grow your professional network. Most MBA programs come with a broad spectrum of business-related topics such as marketing, operations, human resource, finance, and communications. They not only help you for a fulfilling career, but they also prepare you with the tools and mindset to start your own business. The eligibility criteria to apply for an MBA degree is a bachelor’s degree. Some business schools may even select only those candidates who have a few years of professional work experience.
Types of MBA There are several routes you can take to earn an MBA degree. Although all of them result in you earning an MBA degree, there are some things that you should consider before choosing which route to take. Full-Time MBA A full-time MBA is the classic two-year MBA program that you may be familiar with. It includes physical classes, semester-wise assessment, internship, and placements. This is the most preferable option if you are a fresh graduate or want to put your job on hold for a while. Part-Time MBA A part-time MBA is a program where classes are either conducted in the evenings or during the weekends. Usually, these programs won’t come with internships or placements. It is best suited for working professionals who want to learn key managerial skills after their work hours. Distance MBA A distance MBA allows you to pursue an MBA degree via remote communication and correspondence. It is comparatively less expensive than a regular MBA program and offers you the flexibility to complete it on your own time. It is best suited for people with limited time and resources. Online MBA With everything moving online these days, this is currently the most popular mode of an MBA program that you can opt for. Lectures are given through live sessions or prerecorded and saved in the Learning Management System (LMS). There are no physical classes in an online MBA and all the assessments are done online as well. This is best suited for people who want to pursue an MBA program from a college or university which is not in their city or country. Executive MBA An Executive MBA program is specially designed for professionals with more than five years of work experience. The courses are usually of shorter duration but the curriculum is similar to a full-time MBA. This is the most expensive MBA program out there that will help you gain expert-level knowledge to enhance your career growth. It is best suited for people who work full-time and want to scale up to leadership positions.
Benefits of an MBA According to GMAC’s annual Corporate Recruiters Survey, employers offer new MBA hires with a median starting salary of $115,000 as compared to bachelor’s degree hires ($65,000) and direct-from-industry hires ($95,000).. Here are some more benefits of getting an MBA degree:
New Career Paths - An MBA program will not only help you understand complex business issues but will always help you determine exactly what you want in your future. This can open up your mind to new career paths than you originally planned. Holistic business education - An MBA program will offer you in-depth insights into business functioning at advanced levels. Improved communication skills - From oral presentations to sending emails to working with groups, an MBA program is uniquely designed to push students to communicate better and get their ideas across in a more concise manner. Build Connections - This is especially true if you opt for an Executive MBA program as you will get to connect with people from different backgrounds and create a massively expanded network of business contacts. How to Prepare for an MBA? Before you start considering an MBA, you need to do some research on the best business schools, study for GMAT, know which MBA field to specialize in, and lots more. Whether you plan to attend an immersive two-year MBA program or take up a course online, here are some practical steps you can take to prepare for an MBA. Talk to Alumni or Current Students Reach out to current and former MBA students enrolled at the program of your choice to get their perspectives. Some business schools arrange for campus visits and provide introductions, but you can reach out to current students through online platforms like LinkedIn as well. Expand Your Reading List Most MBA coursework includes reading a number of books as part of the preparation and coursework. Moreover, this will help you expand your knowledge in business, leadership, and global markets and make you more valuable as an MBA applicant to prestigious business schools. Here is a list of some of the best project management books to help you level up your skills. Work on Your Networking Skills One of the most valuable skills that you can possess as an MBA applicant is good networking skills. Over the course of an MBA program, you will get the opportunity to meet future business leaders and hence, good networking skills will work to your advantage. Prior to enrolling in an MBA program, make a conscious effort to network in corporate and social events. Pick a Specialty Many business schools offer a number of specialized programs like marketing, international business, finance, and so on. Figuring out what you want to specialize in will help you get a jump in your career.
What Next? Unlock your potential for leadership and strategic decision-making with the Executive Certificate Program In General Management, offered in collaboration between Simplilearn and IIM Indore. This comprehensive program is designed to empower executives and business professionals with the knowledge and skills needed to excel in today's dynamic business landscape.
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With Federated Insurance, you work directly with an industry expert who is committed to understanding the unique risks and opportunities associated with your business. With a dedicated agent and risk management team on your side, you will always get the right coverage for your company and can focus on what matters most. Trust. Advise. Protect.
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We’ve been around since 1920, proudly serving Canadians with innovative and affordable insurance protection. And while a lot has changed over the years, we’ve always stayed true to our belief that knowing your business matters. We take the time to get to know what your business does inside and out to ensure we’re protecting you from any and all of the risks you may be facing. We give you the time, dedication, and attention you deserve because we’re committed to building long-term relationships with the businesses we protect.
We’ve got the insurance you need.
Here are just a few of the key industries Federated Insurance is dedicated to serving:
Automotive Dealers
Automotive Repairs
Commercial Property
Contractors
Equipment Dealers
Fuel Dealers
Grocery Stores
Manufacturers
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Wholesalers & Retailers
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Restaurants
Automotive Dealers
Automotive Repairs
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Contractors
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Grocery Stores
Manufacturers
Professional & Health Services
Wholesalers & Retailers
Surety Bonding Services
Restaurants
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Our insurance solutions.
When your business has strong insurance coverage, it has financial protection in the event of a loss. With a dedicated agent and risk management team there to help you, you’re able to focus on what matters most: running your business. Here are just a few of the insurance coverages that can help protect your business:
Cyber Risk Insurance: No matter what industry you’re in, your business could be vulnerable to cyber attacks. Cyber risk insurance helps support your business if devices or documents are lost or stolen, or if computer networks are breached.
Commercial General Liability: Commercial general liability insurance is an important coverage for all types of businesses to consider. It’s designed to protect businesses against costly lawsuits if they’re found legally liable for bodily injury or property damage to a third party.
Commercial Property Insurance: It takes a long time to build and maintain a strong business—why would you want to risk all of that hard work? Commercial property insurance will protect your business’ structure and everything inside it, such as tools, equipment, and inventory.
Commercial Auto Insurance: There are some key differences between personal and commercial auto insurance to consider, because without the proper coverage, your business may be vulnerable to an expensive claim. And as your business grows, so should your insurance coverage. If your business is protected by our Vehicle Fleet Insurance and acquires new vehicles, they’re automatically covered by a blanket fleet endorsement (even if you forget to tell us about them until your renewal!)
Business Interruption Insurance: What would you do if damage from an unexpected flood or fire forced you to cease operations for two to three months? Could your bank account handle the loss of income? Business interruption insurance will pay for your loss of net income, and continue to pay normal operating expenses if an insured loss suspends your operations.
Comprehensive Crime Coverage: This coverage will help mitigate the loss of money or securities due to employee dishonesty, robbery, burglary, and hold-ups. Comprehensive crime coverage can protect you both at and away from your business premises.
Our insurance solutions.
When your business has strong insurance coverage, it has financial protection in the event of a loss. With a dedicated agent and risk management team there to help you, you’re able to focus on what matters most: running your business. Here are just a few of the insurance coverages that can help protect your business:
Cyber Risk Insurance:
No matter what industry you’re in, your business could be vulnerable to cyber attacks. Cyber risk insurance helps support your business if devices or documents are lost or stolen, or if computer networks are breached.
Commercial General Liability:
Commercial general liability insurance is an important coverage for all types of businesses to consider. It’s designed to protect businesses against costly lawsuits if they’re found legally liable for bodily injury or property damage to a third party.
Commercial Property Insurance:
It takes a long time to build and maintain a strong business—why would you want to risk all of that hard work? Commercial property insurance will protect your business’ structure and everything inside it, such as tools, equipment, and inventory.
Commercial Auto Insurance:
There are some key differences between personal and commercial auto insurance, and without the proper coverage, your business may be vulnerable to an expensive claim.
Business Interruption Insurance:
What would you do if damage from an unexpected flood or fire forced you to cease operations for two to three months? Could your bank account handle the loss of income? Business interruption insurance will pay for your loss of net income, and continue to pay normal operating expenses if an insured loss suspends your operations.
Comprehensive Crime Coverage:
This coverage will help mitigate the loss of money or securities due to employee dishonesty, robbery, burglary, and hold-ups. Comprehensive crime coverage can protect you both at and away from your business premises.
Get a quote now
Cyber Risk Insurance:
No matter what industry you’re in, your business could be vulnerable to cyber attacks. Cyber risk insurance helps support your business if devices or documents are lost or stolen, or if computer networks are breached.
Commercial General Liability:
Commercial general liability insurance is an important coverage for all types of businesses to consider. It’s designed to protect businesses against costly lawsuits if they’re found legally liable for bodily injury or property damage to a third party.
Commercial Property Insurance:
It takes a long time to build and maintain a strong business—why would you want to risk all of that hard work? Commercial property insurance will protect your business’ structure and everything inside it, such as tools, equipment, and inventory.
Business Interruption Insurance:
What would you do if damage from an unexpected flood or fire forced you to cease operations for two to three months? Could your bank account handle the loss of income? Business interruption insurance will pay for your loss of net income, and continue to pay normal operating expenses if an insured loss suspends your operations.
Commercial Auto Insurance:
There are some key differences between personal and commercial auto insurance to consider, because without the proper coverage, your business may be vulnerable to an expensive claim. And as your business grows, so should your insurance coverage. If your business is protected by our Vehicle Fleet Insurance and acquires new vehicles, they’re automatically covered by a blanket fleet endorsement (even if you forget to tell us about them until your renewal!)
Comprehensive Crime Coverage:
This coverage will help mitigate the loss of money or securities due to employee dishonesty, robbery, burglary, and hold-ups. Comprehensive crime coverage can protect you both at and away from your business premises.
Get a quote now
Working with a Federated Insurance Agent is easy and fast.
We know you’re busy, which is why we’ve made our insurance process as seamless and effortless as possible.
Step
1You’ll speak to one of our industry-trained specialists. This person will become your dedicated Commercial Insurance Specialist, and be there throughout the entire process.
Step
2You and your Commercial Insurance Specialist will get to know one another. They’ll ask you some questions to ensure they understand your business inside and out.
Step
3Our expert team of Commercial Underwriters will review every aspect of the business you operate. Once they have all the information they need, they’ll build you a customized, comprehensive and affordable coverage program to meet all your needs.
Step
4Your long-term relationship with Federated Insurance begins! After your Commercial Insurance Specialist reviews your coverage program with you and walks you through the ins and outs of your coverage, you’ll sign on the dotted line.
Why do business owners buy from us?
We give you a personalized experience you just can’t find with other insurance companies. With Federated Insurance, you’ll have a dedicated Commercial Insurance Specialist to guide you through the entire journey. Here are just a few benefits of going direct with Federated Insurance.
Industry-trained specialists: Our Commercial Insurance Specialists take the time to understand your business now, and in the future. As your business grows and evolves, your Commercial Insurance Specialist will work with you to make sure your insurance coverage keeps up the changes. Direct access to expert underwriters: In some agencies, the sale comes first and the policy comes second. At Federated Insurance, our expert underwriters work side-by-side with our Commercial Insurance Specialists to make sure they understand the details and risks of your business before they create your coverage program. That way, you’re properly protected. A single solution and a streamlined claims process: Sometimes, depending on the complexities of your business, insurance companies will divvy up your coverage amongst a few different providers to ensure all your needs are met. If you ever suffer a claim, this can get messy due to multiple deductibles and different procedures, both of which result in longer timelines. We keep everything under one roof. Your dedicated Commercial Insurance Specialist will ensure you receive a customized program that meets all of your needs with one company. The personal touch: Big companies often mean call centres, multiple points of contact, and various forms of communication. With Federated Insurance, you have one dedicated specialist to guide you through all of your insurance needs. We’ll call, email, or drop by in person depending on what you prefer. We’ll also take care of all the paperwork so you can focus on what you do best — running your business. We’re more than just insurance coverage: We’re not just your insurance provider; we’re your trusted advisors and business partners. By choosing to partner with Federated Insurance, you gain direct access to our Risk Services team. This team of experts has decades of experience combating risks for all business types, and can provide mitigation and loss prevention strategies to help keep your business safe.
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What do our customers think of us?
Federated Insurance has been detailed, diligent and transparent with a view to ensuring appropriate cost-effective coverage for our business. On the claims side, responsive and accessible best describes their service. With Federated Insurance, we don’t just have an insurer; we have a real partner in our risk management program. Gregory P. Nakonechny - Vice President, Legal and Corporate Secretary, The Brick
As business owners, we have enough stress on a daily basis of running the company. To be honest, I was in complete awe you were so fast and accommodating in getting this all rectified for us. We are super busy on a daily basis, and I always felt that we were in good hands with you. Kendra Daniel - Production Manager, Viper Mechanical Plumbing & Heating Ltd.
Federated Insurance has been detailed, diligent and transparent with a view to ensuring appropriate cost-effective coverage for our business. On the claims side, responsive and accessible best describes their service. With Federated Insurance, we don’t just have an insurer; we have a real partner in our risk management program.
Gregory P. Nakonechny - Vice President, Legal and Corporate Secretary, The Brick
As business owners, we have enough stress on a daily basis of running the company. To be honest, I was in complete awe you were so fast and accommodating in getting this all rectified for us. We are super busy on a daily basis, and I always felt that we were in good hands with you.
Kendra Daniel - Production Manager, Viper Mechanical Plumbing & Heating Ltd.
We take your coverage a few steps further.
Risk Management Assist:
You work hard for your business, which is why it’s vital to do whatever you can to protect it from future losses. With Risk Management Assist, customers are granted unlimited telephone access to our team of Risk Services Specialists, who can help you mitigate risks by answering questions and providing expert guidance. Learn more
Legal Assist:
No matter the industry you work in, as a business owner you may encounter situations where you must contend with various laws and regulations. Federated Insurance’s Legal Assist service is here to help with expert legal advice on a variety of topics. Learn more
Trauma Assist:
Suffering a loss to your business is never easy. As a Federated Insurance customer, you’ll have access to confidential counselling services to help you and your employees work through the emotional effects of an insured, traumatic loss. Learn more
Cyber Assist:
Cyber attacks are becoming increasingly prevalent, which is why precautions against such attacks are vital. Federated Insurance offers Cyber Assist to help businesses take proactive measures against cyber breaches and provides reactive assistance in the event of a privacy breach. Learn more
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With over 395 universities, the United Kingdom is the world’s second-largest educational centre and a paradise for international students seeking world-class education. MBA in the United Kingdom is one of the most prestigious and sought-after programs in the world. Its universities offer a wide range of MBA specializations like Supply Chain Management, International Business, and Entrepreneurship for a duration of one to two years. Here are some of the best two-year MBA programs in the UK.
Why Pursue an MBA in the UK?
The United Kingdom has one of the world’s most developed economies. Universities are designed with the goal of providing students with the necessary skills and knowledge in a specific field. When it comes to choosing the UK for higher education, there are a number of key factors that make it an excellent choice, particularly for a master’s degree in business and administration. Here are some of the key factors that make the United Kingdom a desirable place to pursue an MBA:
Excellent Education: MBA programs at UK universities combine theoretical and practical learning to provide students with essential skills and knowledge. Students benefit from constant lectures and workshops from renowned business leaders, allowing them to learn from experienced professionals and broaden their exposure and knowledge of a specific industry.
Industry Connections: One of the most significant benefits of pursuing an MBA in the UK is the opportunity to meet leading industry experts and professionals at university-organized conferences, events, and lectures.
Scholarships: Studying for an MBA in a foreign country has a number of financial implications. Scholarships are available at a number of universities in the United Kingdom.
Prepare to lead with a Schulich MBA.
The Schulich MBA will equip you with the specialized knowledge and leadership skills you need to gain a competitive advantage. Hone your skills in your field of interest through our extensive selection of 18 areas of specialization in management functions, industry sectors and special business issues.
Ranked #1 in Canada by The Economist, Forbes & CNN Expansion, Schulich offers Canada’s preeminent MBA Program.
Customize your MBA: Flexible study options allow you to switch between full- and part-time enrolment, take classes uptown at the Keele campus or at our satellite campus in downtown Toronto. Accelerate your MBA and complete the program in as little as eight months with advanced standing. For working professionals interested in a full-time program, there’s now a Weekend and Evening MBA.
Real-World Experiential Learning: The Schulich MBA combines classroom learning of fundamental and advanced management concepts with real world experience, including a two-term strategic consulting project where you work with clients on real business problems and solutions.
Whether it’s a career as a Capital Markets Associate, Management Consultant, Brand Manager, Business Analyst, Commercial Banking Associate or Operations Analyst – the Schulich MBA will provide you the knowledge and network to succeed.
Throughout the MBA program, you will have access to the Centre for Career Design (CCD). As Schulich’s in-house team of certified Career Coaches and Industry Advisors, the CCD offers a wealth of innovative resources, individualized mentoring and coaching to help advance your career. Meet alumni, recruiters and industry leaders at corporate information sessions and other CCD events, and receive online access to the very best career tools available.
Recruiters value the communication, interpersonal and leadership skills that Schulich MBA graduates possess, and regularly hire Schulich MBAs.
The MBA curriculum includes 33.00 credits of core courses designed to equip students with a common set of capabilities necessary for effective management in the private, public, and nonprofit sectors.
In addition to foundational core courses, students have the opportunity to complete 27.00 credits of electives, allowing for deeper exploration in a particular area of focus, completion of a specialization or pursuit of a diploma.
As the capstone of the program, students will participate in the Strategy Field Study. In this exciting consulting project spanning two terms, teams conduct a strategic assessment of an organization and its environment, and present recommendations to senior management.
Learn more about the Strategy Field Study.
Students are eligible for graduation upon their successful completion of 60.00 credits. Students may shorten the duration to complete their MBA if they receive Advanced Standing.
Why Choose A Two-Year MBA Program in the UK?
Traditional format students are said to have a richer college experience. You can stay in the academic environment for longer periods of time, which allows you to interact with your peers and professors more.
Although knowledge and understanding can be gained quickly, developing competence takes time. To gain in-depth knowledge, you must devote time to digesting and integrating information. You must read, apply the material, create presentations, study, write exams, and apply the material in real-world situations.
Future Scope after 2-year MBA in the UK
Obtaining an MBA from a UK university is a sure way to success. MBA degrees from UK universities are highly valued in the job market. It serves as a lead magnet for employers all over the world. In the United Kingdom, there are over 6 million business entities with excellent potential for MBA graduates.
Q1. Is it worthwhile to pursue a 2-year MBA in the United Kingdom?
Ans. Yes, pursuing a two-year MBA in the United Kingdom is worthwhile because the profits can be as high as 202,000 GBP(20,324,634 INR) each year. The two-year gap allows overseas students to acquire professions and responsibilities where they can make good money while also gaining useful experience.
Q2. Is it possible for me to work in the United Kingdom after completing my MBA?
Ans. Yes, it is possible to work after completing MBA in the UK. Students have access to a post-study work visa for 2 years.
Q3. Is an MBA in the United Kingdom in high demand?
Ans. MBA programs focused on specific industries, including hospitality, finance, international business, and marketing, are in high demand in the United Kingdom.
Want to pursue two-year MBA programs in the United Kingdom? Then contact our Leverage Edu experts on 1800 572 000 and get all your queries about the study abroad programs and destinations sorted out.
Two-year students concentrate on their studies with few distractions and begin by looking at the big picture. It means you’ll be an excellent candidate for management fast-track programs, entry-level consulting positions, or any other graduate-level position in the business.
The two-year format is less intense than the one-year format, and it includes a wider range of electives, placements, and study trips, allowing you to focus more precisely on your studies.
Expand the menu below to see detailed degree requirements.
IVEY
MBA
Begins each
March in
London, ON,
Canada.
A LIFE-LONG
ADVANTAGE.
A YEARLONG MBA.
in Canada for
student
assessment
of career
services
#1
MBA program
#1
in Canada *
in Canada
for education
experience ‡
‡
#1
Features
“If I were to summarize Ivey in one word, it would
be transformational. You’ll notice how you change
as the days and months go by, to the point that
you are thinking in ways that astound you, and
make an impact on those around you.”
A TRANSFORMATIONAL
EXPERIENCE.
Carlos
– Carlos González Meyer, MBA ’18
Marketing Manager, Standards-Memberships,
2 / Ivey MBA
Events & Government Relations, CSA Group
IVEY NETWORK
Join an outstanding
alumni network of
more than 31,000 that
believes in paying it
forward and giving back.
18
GETTING STARTED
Start your journey
towards an Ivey MBA.
24
BY THE NUMBERS
Our reputation, by
the numbers.
20
YEAR AT A GLANCE
Everything you need to
know about your year
at Ivey.
22
LEADERSHIP
ESSENTIALS
Discover the five
elements that are
at the core of
everything we do.
12
REAL-WORLD
LEARNING
Hands-on, experiential
learning sets us apart
and is brought to life by
award-winning faculty
using our renowned
Case-Based approach.
4 8
WORLD-CLASS
CAREER OUTCOMES
Our Career Advisors
help you chart a path
from the moment you
start at Ivey through
to graduation.
6
STUDENT
LIFE
The Ivey student
experience is one
built on close-knit
community and
diverse perspectives.
16
IMAGINE WHAT ONE
YEAR COULD DO
Your year at Ivey will be
immersive, enriching,
and supportive.
Discover what it can
do for you.
YOUR
FIRST CASE
Experience a real case
and discover why CaseBased learning is the
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14
‡ The Economist Full-time MBA Ranking 2021
* Bloomberg Businessweek MBA Ranking 2014-2019, 2022
As Canada’s leading business school, you are investing in yourself when you
choose the one-year Ivey MBA Program.
Our one-year program will minimize your time away from the workforce. You’ll
immerse yourself, without distractions, in our world-class curriculum. And you’ll
form strong bonds with exceptionally talented and diverse classmates from around
the world. Throughout your journey here, you can count on a supportive team to
help you advance to your next career goal. The result: you’ll achieve more than you
ever thought possible, all in one year.
IMAGINE WHAT ONE YEAR CAN DO
Give yourself a
year. Get back
more than you
imagined.
“The strength of Ivey’s network, the
undeniable culture of ‘paying it forward,’
and the people I met have genuinely
inspired me to be a better person. The
personal growth I experienced and the
relationships I fostered have become the
most valuable part of my Ivey journey.”
Kwang
– Kwang Pithayachariyakul, MBA ’17
Vice President, Investment Banking,
TD Securities
4 / Ivey MBA
Career support
at Ivey. Career
outcomes for life.
WORLD-CLASS CAREER OUTCOMES
You have a vision of your future – and we have
the resources and expertise to help you get there.
From the moment you start at Ivey, our world-class
Career Management team will be by your side to help you
build a personal plan and ensure you achieve your high
career aspirations.
Your career goals are central to your success; that’s
why Career Management is integrated throughout the
MBA Program. Classroom activities are combined with
innovative experiences like Ivey’s renowned annual
networking event.
Our job offer rates are consistently over 90 per cent.
Year over year, our students, alumni, and recruiters give
us top scores when evaluating our Career Management
services.
From admissions to graduation and throughout your
career, we’re here to help you every step of the way.
“Career Management support at Ivey was invaluable.
Regular meetings with my career advisor on how
to approach networking was truly life-changing in
helping me with jobs after my MBA.”
Keisha
– Keisha Bailey, MBA ’15
Vice President,
TD Asset Management
† The Economist Full-time MBA Ranking 2016-2021
in the world for student assessment
of career services, five years running†
20 T
O
P
6 / Ivey MBA
Learn by doing
- a leadership
advantage.
Hands-on, experiential learning gives Ivey students an advantage.
Through a diversified roster of projects, activities, and more than 300
business cases, the Ivey MBA experience is all about real-world learning
for real-world problems. From the moment you graduate with your Ivey
MBA, you are prepared to take on real business challenges, and the
difference will be noticeable throughout your career.
REAL-WORLD LEARNING
“When I meet Ivey students or alumni,
I know that they’ve been tested and
thrived; I know that they’ve received
first-class professional and career
management training. And, that they
know what it means to lead, to problemsolve, and to pursue excellence.”
Gillian
– Gillian Fletcher, MBA ’15
Regional Business Manager,
Johnson & Johnson
8 / Ivey MBA
“Case discussions offer perfect ‘aha!’ moments
to weave insights from the case at hand, to my
research in digital transformation, and to the
students’ work experiences.”
Nicole
– Nicole Haggerty, HBA ’89, PhD ’04
Associate Professor,
Ivey Business School at Western University
Real-world
learning is
the norm, not
the exception.
REAL-WORLD LEARNING
Case-Based learning sets Ivey, and its students, apart.
Real-world examples form the foundation of the Ivey
education experience. Cases are dissected, discussed,
and debated in a stimulating environment.
Guided by world-class professors, and enriched by your
fellow students, your classroom conversations will be
dynamic and immersive. Case-Based learning is at the
heart of how Ivey’s students learn. The approach will
allow you to practise the leadership skills that mirror
real-life situations. The result is a transformation in
thinking, and lifelong leadership essentials.
Teaching faculty matters.
Their real-world business experience and expertise is
demonstrated not only in the classroom, but by the
business cases they write, and the research they do
with organizations. Ivey faculty will get to know you as
an individual, and they are highly committed to your
success. They love teaching, and it shows.
10 / Ivey MBA
Ivey’s five
Leadership
Essentials.
LEADERSHIP ESSENTIALS
The Ivey MBA opens your mind to how
the business world really works and
prepares you to take challenges head-on.
Develop Leadership Essentials
With a focus on experiential learning,
you will accelerate your leadership
capabilities. We call these five capabilities
the Ivey Leadership Essentials. They are
at the core of everything we do.
The five interlinked Leadership
Essentials give you not just the business
fundamentals that you would expect
from an MBA program, but also the
leadership capabilities required to turn
concepts into decisions, knowledge into
action, and ideas into change.
Leadership
Essentials
Take action
Knowledge is a
commodity. Today,
leadership is about
applying your
learning effectively.
At Ivey, you’ll gain the
confidence to turn
knowledge
into action.
Communicate persuasively
Effective communication isn’t about
winning. It’s about sharing your ideas
persuasively in the classroom, in teams,
and ultimately in the boardroom. At Ivey,
you are coached in your communication
effectiveness, your skills honed to the
place where you can communicate
effectively in any circumstance.
Leverage team talent
The strength of a leader is in knowing
your weaknesses. Through hundreds of
cases, you’ll learn how to approach difficult
problems with confidence, work effectively
with people of diverse perspectives and
skills, and solve problems by effectively
engaging your team.
Manage priorities
Great leaders must
be able to focus their
organizations on what
matters now in the midst
of competing choices.
Ivey’s experiential
learning, challenging
program, and demanding
schedule teach you
to navigate these
competing priorities for
the best outcomes.
Embrace complexity
A business case is real, complex, and
challenging. It doesn’t come in the
textbook titled Marketing or Finance.
A case study puts you in the position
of decision-maker, and demands you
understand how to manage the details
to get to the right solution.
12 / Ivey MBA
YOUR FIRST CASE
With more than 4.5 million listings in more
than 65,000 cities and 121 countries, Airbnb
is a household name, synonymous with
unique and affordable accommodation
offering “authentic experiences” from local
hosts. And it all began with one listing:
from their small apartment offering three
airbeds, founders Brian Chesky and Joe
Gebbia began in earnest in 2007 to develop
a new business model in short-term rentals.
This case study profiles the startup from
its inception to its rise in the mid-2010s, as
Airbnb took the leap from small upstart in
a highly competitive market to visionary
leader, fending off competition with
innovative approaches to marketing, social
media, and stakeholder engagement.
Your first case.
Ivey faculty use cases to expand
your perspective on the way
issues impact an organization
by using cross-teaching and
an integrated approach to
curriculum planning. Students
prepare for class by reading the
case and answering a series
of questions. The real learning
begins in the classroom where
the professor acts as a conductor
facilitating the discussion. You
can experience a real Ivey case
study with this Airbnb case.
9B16M186
AIRBNB: BUSINESS MODEL DEVELOPMENT AND FUTURE
CHALLENGES1
Sayan Chatterjee wrote this case solely to provide material for class discussion. The author does not intend to illustrate either effective
or ineffective handling of a managerial situation. The author may have disguised certain names and other identifying information to
protect confidentiality.
Copyright © 2016, Richard Ivey School of Business Foundation Version: 2016-11-24
In 2007, Brian Chesky and Joe Gebbia founded Airbnb. Chesky and Gebbia had met several years earlier
as students at the Rhode Island School of Design. After initially working in Los Angeles after graduation,
Chesky decided to move to San Francisco, where Gebbia was living. The two shared an apartment but were
struggling to pay their rent. While brainstorming ideas to earn more money, they came up with the idea to
rent out the three airbeds they had available. There was an upcoming design conference in their
neighbourhood, and all of the nearby hotels were sold out. They set up a quick website to advertise their
offer for an overnight stay on an airbed in their apartment, along with breakfast in the morning. One would
normally expect to find a few younger 20-somethings who might be interested in sleeping on someone’s
couch during the conference. However, the three people who stayed with them were a 45-year-old father
of five from Utah, a 35-year-old woman from Boston, and a man from India. Given the interest in their
apartment airbeds from a wide variety of people, Chesky and Gebbia decided to expand their small idea
and Airbnb was formed. Engineer Nathan Blecharczyk was added as the third co-founder.
2
From this serendipitous beginning, Airbnb grew into a business that spanned 16 countries and was valued
at $10 billion3 in the most recent round of financing in 2014. However, as of early 2014, its business model
had hit a major road bump. At the request of the State of New York attorney general, Airbnb was forced to
hand over anonymous listing information of hosts who rented out apartments in New York City. While the
listings were anonymous, the attorney general was determined to subpoena some of the hosts that might
have violated a New York law that prohibited any private rentals under 30 days where the host was not
present.4 This caused some consternation among hosts based in New York, and some pulled their listings.
The founders had to evaluate if these short-term rentals in large cities, which drove the majority of their
rentals, had suddenly become vulnerable. They also had to decide whether to defend their business model
in a court of law and in the court of public opinion, or change it.5
CONFERENCE PUSH
For the first year of its existence, Airbnb needed to focus entirely on the gaps between the number of
available hotel rooms and conference attendance. The founders did not seek out hosts that listed their
properties in perpetuity but instead focused on conferences and, later on, other events. The first major
conference they targeted was the 2008 South by Southwest conference and festival in Austin, Texas. To
help market the site and garner interest in Austin, they executed an online public relations campaign.
Because they had no budget to advertise, they relied on getting coverage from various blogs. They initially
Read the full case
14 / Ivey MBA
Our small class size, non-commuter campus, and close-knit
community provides the basis for an exceptional MBA experience.
And because Ivey attracts some of the most talented young
professionals from all over the globe, with diverse cultural and
business backgrounds, the Ivey MBA classroom consistently raises
the bar for its learning environment.
The shared experience you’ll have with your Ivey classmates
creates the foundation for a lifetime of personal and professional
connections you’ll cherish.
.
STUDENT LIFE
Becoming an
Ivey MBA student
means immersing
yourself in a unique
environment that
is friendly, spirited,
supportive,
and unforgettable.
Christina
– Christina Rupsingh, MBA ’16
Senior Manager, Insight and Thought Leadership,
Future of Work, RBC
“Ivey’s class sizes are considerably smaller than other
MBA programs, which meant I knew every single one
of my classmates on a first-name basis. Also, since Ivey
isn’t a commuter school, you get the time to develop
great friendships with your classmates.”
A LIFE-LONG
CONNECTION.
A SHARED
EXPERIENCE.
16 / Ivey MBA
IVEY NETWORK
“The Ivey Network brings enormous
value to your career. Not only will you
be part of the Ivey family, but you’ll
also learn how to network, a valuable
skill that often gets overlooked.”
Erik
– Erik Lapointe, MBA ’17
Chief Commercial Officer,
Tidal Health Solutions
The Ivey Network.
A lifelong connection.
The word Ivey alumni hear most is “yes.” Yes to discussing an
opportunity. Yes to giving advice. Yes to networking with other grads.
Ivey alumni have a habit of saying and hearing “yes” because there
is a strong culture of giving back and paying it forward throughout
the Ivey community. Our grads value the Ivey difference. Regardless
of graduation year, the shared Ivey experience is a connection that
sticks with you throughout your career. With an Ivey MBA, you will
have a network that will last a lifetime.
18 / Ivey MBA
#13
in the world for
networking*
* 13=, Bloomberg Businessweek Best B-Schools Global Ranking 2022-23
Reputation
matters.
“Ivey’s reputation as the number one
business school in Canada was a
key factor in choosing my MBA.”
Maksym
– Maksym Levytskyy, MBA
’19
Director of Investments,
Clarke Inc.
BY THE NUMBERS
20 / Ivey MBA
Ivey’s ranking
#1
among Canadian
MBA programs for
7 years.*
of Ivey MBA grads made at
89%
least one career transition
(Change in industry,
function, or geography).
#1
in Canada for student
assessment of career
services.
†
in Canada for
employment rate
3 months after the
program.
‡
in the world for student
rating for education
experience for
4 years in a row.
‡
10
TOP
#1
‡ The Economist Full-time MBA Ranking 2021 †
Financial Times Global MBA Ranking 2022
* Bloomberg Businessweek MBA Ranking 2014-2019, 2022
#1
program in Canada for
value of money.
†
ONE YEAR
The Ivey MBA –
Year at a glance.
Preparatory
Knowledge Program
To make sure you get the most out
of your MBA class time, we provide
optional courses before the official
program work begins.
These courses are a great way
to refresh your knowledge of
business basics, reacquaint
yourself with a school routine,
and get to know some
of your classmates.
Business
Essentials
Your transformational year
begins in the spring. To ensure
you have a solid foundation in
the core subjects, the first four
months of the Ivey MBA Program
consist of courses including
Strategy, Leadership, Finance,
Accounting, Information Systems,
Operations, Marketing, Analytics,
Communications, and Economics.
View courses
Leading
Cross-Enterprise
This capstone module pulls together
everything you’ve learned and
connects it to today’s real-world
leadership challenges.
You’ll examine some of the “big”
questions like “Who leads best and
how do they do it?;” “How are great
leaders developed?;” and “What are
some of the major forces and trends
that will affect business in the
21st century?”
Real-World
Projects
Put your learning to the test
when you participate in the Ivey
Field Project. You can choose to
develop a new venture or work
with an existing organization to
develop new business solutions.
Career-Focused
Electives
Our elective courses are
designed to support your
career goals and satisfy
your professional and
personal interests.
Learn more
International
Experiences
Participate in an optional study trip
to Asia and Latin America as part of
the elective cycle. You can also
pursue volunteer opportunities
through The LEADER Project where
you will coach promising
entrepreneurs in frontier markets.
If you want to experience an
international study exchange, you
can take advantage of this in the final
semester. This is a great opportunity
to immerse yourself fully in another
culture and to expand your
global network.
MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB
YEAR AT A GLANCE
22 / Ivey MBA
There are three qualities that we look at first when considering
prospective students for an Ivey MBA.
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, and can bring that into the Ivey classroom.
Strong Academic Record: Our assessment of this is based
on your academic history in combination with your GMAT
or GRE score.
Progressive Work Experience: At least two years of quality, 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.
Ready to
get started?
“The Ivey MBA is a fantastic program and
if it is the program for you, make sure you
come in motivated and ready. It is a very
rewarding experience.”
Kanwar
– Kanwar Randhawa, MBA ’17
Director, Enterprise Strategy,
RBC
GETTING STARTED
“We are committed to help you in any way
we can so that you can make a decision that
is best for you and your career. Please feel
free to contact us at any time if you have
questions about the Ivey MBA Program or
MBA programs in general.”
J.D.
– John-Derek (J.D.) Clarke, MBA
Executive Director, Masters Programs
Recruitment and Admissions,
Ivey Business School at Western University
24 / Ivey MBA
Take note
GETTING STARTED
Our recruitment and admissions team’s job is to
help answer any questions that you might have as
you navigate your MBA research and, in particular,
any specific inquiries you have about the Ivey
program or application. Contact a recruiter today!
Contact Info
Lindsay Lippmann
Associate Director, FT MBA Recruiting & Admissions
llippmann@ivey.ca
linkedin.com/in/lindsaylippmann
Aimee Froude
Associate Director, FT MBA Recruiting & Admissions
afroude@ivey.ca
linkedin.com/in/aimeefroude
Anna Creery
Associate Director, FT MBA Recruiting & Admissions
acreery@ivey.ca
linkedin.com/in/annacreery
26 / Ivey MBA
NOTES
For more
information:
Ivey Business School
Western University
1255 Western Road
London, Ontario, Canada
N6G 0N1
Telephone: +1.519.661.3212
Toll free: 1.866.878.4839
Fax: +1.519.661.3431
mba@ivey.ca
iveymba.ca
Visit: iveymba.ca
Profile assessment: go.ivey.ca/resume
Attend an event – online and in person: go.ivey.ca/events
The Ivey MBA is a one-year, full-time MBA program
beginning each March in London, Ontario, Canada.
• Located between Toronto and Detroit
(approx. 200 km from each)
• City population of 400,787
• Western University and student population is 40,000 with
more than 5,800 international students from 128 countries
12-MONTH PROGRAM STARTING IN JANUARY
smithqueens.com/ftmba
Small class sizes
outstanding
faculty, state-of-the-art business
school facility
Powerful
network of
alumni in
150+ countries
Study on-campus in Kingston
at Smith School of Business at
Queen’s University – one of
in Canada
Pioneering
leadership
and team
development
programs
Be ready for fall job interviews and
among the first MBA graduates on the
market with this 12-month
January.
AN MBA UNLIKE ANY OTHER
TECHNICAL EXPERTISE + TEAM DYNAMICS + SPECIALIZATIONS +
INTERPERSONAL SKILLS + CUSTOMIZED COACHING + CAREER SUPPORT
There are a lot of MBA programs
that provide a quality business
education, but very few rival
Smith’s team-based approach,
personalized coaching, and
tight-knit culture. I really felt
I was learning something new
every day in terms of business
acumen, leadership skills
and self-discovery. I would
absolutely recommend this
program to anyone looking
for a transformative MBA
experience.”
Kim Fulton, MBA
Principal
Kearney
Toronto, ON
“
2 | FTMBA
TECHNICAL
EXPERTISE
The MBA from Smith School of Business provides
outstanding foundational management skills
including analytics, accounting, financial theory,
marketing management, information systems,
strategy and more.
In addition, Smith is the pioneer and leader in
fostering the personal and team skills necessary to
excel in business today including group dynamics,
adaptability, communications, leadership,
resilience, and cultural intelligence.
Surveys* of CEOs and corporate recruiters
underscore that it is this combination of technical
management capacity and interpersonal skills that
is most highly valued.
Take the first step and connect
with your application advisor at
smithqueens.com/ftmba
INTERPERSONAL
SKILLS
The MBA unlike any other. It delivers both the
technical expertise and the interpersonal skills
development that employers require today.
*GMAC Corporate Recruiters Surveys
THE
POWERFUL
ADVANTAGE
FTMBA | 3
The Program
Complete your MBA in 12 months and get into
the workforce with the knowledge and skills to
begin advancing your career.
The first six months is foundational curriculum covering
the core management skills required to lead in business.
In the second six months you take elective courses and can
also select an area of specialization (eg. consulting, finance,
marketing & sales, digital transformation, management
analytics, entrepreneurship & Innovation). You will earn
a supplemental certificate in the area of focus.
Substantial team and individual project assignments
allow for deep learning and practical application.
Approach
A multi-faceted approach to teaching
ensures engagement, high-value and impact.
Class instruction is balanced with group
discussion, simulations, team assignments,
and real-world business projects. In addition,
Smith’s Living Case Studies provide a unique
and modern teaching approach immersing
you in business challenges in real time.
For more about our faculty,
go to smithqueens.com/ftmba
Faculty
Smith School of Business faculty work together as
teachers, researchers, and consultants. Together they
create a tightly integrated academic plan for you.
Faculty have outstanding academic credentials and
are also best-selling authors, award-winning teachers
and editors of leading academic journals. Canadian
Business, Bloomberg BusinessWeek, and The Financial
Times have recognized Smith faculty as among the
top management educators in the world.
+ EXPERIENTIAL LEARNING
+ REAL-WORLD BUSINESS PROJECTS
+ SIMULATIONS
+ LIVING CASE STUDIES
+ CLASS INSTRUCTION & DISCUSSION
4 | FTMBA
Options
Pre-MBA Preparatory Sessions
For advance grounding in core concepts and skills,
Smith offers non-credit, one-day sessions in topics such
as Accounting, Finance and Statistics, working with
MBACase, and more.
Certificate in Social Impact
By completing certain courses and participating in key
events and volunteer activities, you can earn a Certificate
in Social Impact and demonstrate engagement in
responsible leadership.
Double-degrees
You can apply MBA credits to other degrees from Smith
School of Business and Queen’s University including
Master of Finance, Master of Management Analytics, Juris
Doctorate, and Master of Science in Healthcare Quality.
Professional Designations
You can begin earning qualifications towards the
following professional designations:
The MBA program was a life changing experience from start
to finish. The diversity of people was incredible — diversity
not only of thought, but of life experiences. Interacting with
and learning from so many unique people provides a great
base for a future career. The program jump started my career
into an exciting new path with a disruptive growth-focused
company. I truly have been overwhelmed by the opportunity
for personal and professional growth.”
Josh Tovey, MBA
Senior Operations Manager
Amazon
Raleigh, NC
“
FTMBA |
5
Team Skills
Smith School of Business pioneered the team-based
learning approach that prepares you for the reality of
today’s workplace. You are assigned a team for the core
of the program and a dedicated professional coach helps
you perform collaboratively at the highest level. You
will have many opportunities to develop your personal
leadership capacity.
Executive Coaching
Become your best self with one-on-one coaching
to maximize your effectiveness in the workplace.
Coaching is an integral part of the Smith School
of Business offering and will give you a greater
understanding of yourself, your strengths and your
weaknesses. This will have a powerful impact on your
performance and your working relationships. Coaching
covers a range of areas from conflict resolution to
anxiety management to mindfulness.
Experiential Learning
‘Learn by doing’ through participation in the TriColour
Venture Fund (TCVF), Canada’s first student-advised
venture capital fund. Students meet with potential
portfolio companies, assess the opportunities,
conduct due diligence and make recommendations
to the Investment Advisory Board - a committee of
seasoned entrepreneurs, angel investors, and venture
capitalists. Deals are syndicated in conjunction with
some of Canada’s leading venture capital companies
and angel investors.
Queen’s University Alternative Assets Fund (QUAAF)
is Canada’s first student directed portfolio of hedge
funds managing a portion of the university’s endowed
funds. Each generation of QUAAF members is
responsible for ensuring sustainable operations
and financial stewardship of the fund, providing
outstanding practical experience.
Our program is unique in its focus on
developing the ‘whole you’ to be as
successful as possible in your career.
THE SMITH
DIFFERENCE
6 | FTMBA
The MBA experience at Smith helped me further refine
the type of leader I wanted to be. It also gave me the
confidence and the tools to successfully pivot into
a completely new career that would not have been
available to me otherwise. My year was truly a lifechanging experience where I not only gained a wealth
of contacts through the alumni network, but also
made lifelong friends.”
Roxane Ducasse, MBA
Project Manager
End-to-End Supply Chain at Walmart
Mississauga, ON
Lifestyle Coaching
Prepare for the fast pace and high demands of
your business career with the optional lifestyle
coaching program Fit to Lead™ that addresses
physical, mental and emotional well-being.
Cultural IQ
In today’s diverse and global business environment,
cultural intelligence is critical. Smith has partnered
with the Cultural Intelligence Center to teach
how culture influences behavior and thought
processes, and effective strategies for managing
in a multicultural environment.
International Opportunities
Study opportunities, available at more than
30 of the world’s top business schools, provide
an exceptional experience in a region of interest
to you.
“
FTMBA |
7
Recruitment & Career Support
You want to find the job that showcases your skills and
capabilities and accelerates you on an exciting career path.
The Smith School of Business Career Advancement Centre
will work with you from the start of your MBA to identify
your passion and help you secure a great job. The Centre
maintains strong relations with outstanding organizations
across Canada and around the world, and recruiters are
regularly on campus meeting with students.
A personal Career Coach will work with you one-onone to help you prepare and manage your job search
process. Coaches have specialized experience, training
and connections in specific sectors.
“
At graduation you join a powerful network of Smith
and Queen’s alumni in more than 150 countries.
Regular events and meeting opportunities help you
build valuable connections that will last a lifetime.
Smith is also the Official National Business Education
Partner of the Canadian Olympic Committee.
Join a Powerful Alumni Network
Anything you do in life that is challenging gives you
the opportunity to grow. After retiring from the Canadian
Women’s Rugby Team, I researched potential career paths in
business which led me to Smith. I enhanced my knowledge of
business theories, concepts and skills transference and I feel
I’m better prepared to pursue a career or start a business.”
Megan Lukan, MBA
RBC Olympian
Associate Financial Advisor
Black Star Wealth
Halifax, NS
8 | FTMBA
The team-based approach to the
curriculum really excited me. For
the first six months of the program,
while you’re going through the
core foundational courses, you’re
assigned to a team. Our team was
incredibly diverse. What I thought
was really beautiful about that was
that everyone brought a unique
approach and perspective to the
problem. It was challenging at
times because you needed to find
common ground, but I think it
made the quality of the product
and the learning that much better.”
Hanif Shariff, MBA
Consultant
McKinsey & Company
Vancouver, BC
“
Smith School of Business
Smith School of Business at Queen’s University
is renowned for its excellence, innovation and
leadership in business education.
From establishing the first undergraduate business degree
a century ago to creating ground-breaking programs and
courses in emerging areas including artificial intelligence,
fintech, analytics, cultural diversity, team dynamics, social
impact and more, Smith is at the forefront of preparing
you for the business marketplace.
In addition to its rich tradition of academic and teaching
excellence, Smith is known for delivering an outstanding
learning and development experience. Small class
sizes, personal attention, individual and team coaching,
opportunities for specialization, and a deep commitment
to student success characterize the Smith experience.
Recognized as a top global program by
FTMBA | 9
I chose to pursue my MBA at Smith because
of the team-oriented curriculum, the caliber
of the alumni network, and the renowned
academic vigour of the school. I’m pleased to
say that these criteria were met and exceeded.
Prior to Smith, I was playing professional
football in the CFL and working as a project
director for a non-profit. I used the MBA as
a catalyst to make a transition that many
athletes find difficult, and with the support of
the program I was able to thrive during this
precarious time of my life.”
Andrew Lue, MBA
Consultant
Boston Consulting Group
Toronto, ON
“ Smith’s team-based approach
and small class size enabled me
to build strong relationships with
classmates. I learned something
new from teammates every day and
we helped each other to become our
best selves. The skills I gained from
the team experience allowed me to
interact and work effectively with a
diverse group of people. These skills
ultimately helped me transition
from engineering to investment
banking. I would definitely
recommend the program.”
Lina Yang, MBA
Senior Financial Analyst
Teck Resources Limited
Vancouver, BC
“
10 | FTMBA
Canada is a thriving and welcoming
environment for business students. It was
ranked #1 for Best Quality of Life (2020, U.S.
News & World Report) citing its economic and
political stability, strong job market, diversity,
quality of education system, and safety.
Kingston is a dynamic small city
with great amenities, resources,
events and attractions.
Smith attracts students from more than
40 countries including full-time, exchange
and international double-degree students.
Our Application Advisors can assist you in
understanding requirements for studying
in Canada.
For current and future events,
go to visitkingston.ca
and kingstoncanada.com
Studying in Canada
FTMBA | 11
GLOBAL
PERSPECTIVE
We prepare you to thrive in an increasingly global business environment
— through Cultural IQ, an exchange opportunity and a global alumni
network. Typically more than 40 per cent of your MBA classmates will
come from outside Canada. Expand your perspective and build strong
connections as you work in class, in teams, and on projects.
Cultural IQ
Smith School of Business has partnered
with the Cultural Intelligence Center to
help our MBA students strengthen their
Cultural IQ, which assesses your ability
to relate and work effectively in diverse
situations. Learn how culture influences
behaviour and thought processes, and
gain effective strategies for managing in
a multicultural environment.
International Alumni Network
On graduation become part
of the powerful Smith School
of Business and Queen’s
University alumni network in
more than 150 countries.
Outside Front
FTMBA | 13
ARGENTINA Buenos Aires Torcuato Di Tella University,
Di Tella Business School
AUSTRALIA Brisbane Queensland University
of Technology
AUSTRIA Vienna WU, Vienna University of
Economics and Business
BELGIUM Brussels Solvay Brussels School of
Economics & Management
BRAZIL São Paulo FGV EAESP, São Paulo School
of Business Administration
CHINA
Beijing
Cheung Kong Graduate
School of Business
Peking University, Guanghua
School of Management
Tsinghua University, School of
Economics and Management
Shanghai
China Europe International
Business School (CEIBS)
Fudan University, School
of Management
Shanghai Jiao Tong
University, Antai College of
Economics & Management
Shanghai Jiao Tong University,
Shanghai Advanced
Institute of Finance
Tongji University, School of
Economics & Management
DENMARK Copenhagen Copenhagen Business School
FINLAND Mikkeli Aalto University,
School of Business
FRANCE
CergyPontoise ESSEC Business School
Lyon EMLYON Business School
GERMANY
Leipzig HHL Leipzig Graduate
School of Management
Mannheim University of Mannheim,
Business School
Vallendar WHU — Otto Beisheim
School of Management
HUNGARY Budapest
Corvinus University
of Budapest, Corvinus
Business School
INDIA
Bangalore Indian Institute of
Management Bangalore
Ghaziabad Institute of Management
Technology, Ghaziabad
Hyderabad Indian School of Business
ITALY Milan Università Bocconi
JAPAN
Nagoya Nagoya University of
Commerce & Business
Tokyo Waseda University,
Faculty of Commerce
MEXICO Mexico City Universidad Panamerica,
IPADE Business School
NETHERLANDS Rotterdam Erasmus University, Rotterdam
School of Management
NORWAY Bergen NHH Norwegian School
of Economics
RUSSIA St. Petersburg
St. Petersburg University,
Graduate School of
Management
SINGAPORE Singapore
National University
of Singapore, NUS
Business School
SOUTH AFRICA Bellville University of Stellenbosch
Business School
SWEDEN Stockholm Stockholm School
of Economics
SWITZERLAND St. Gallen University of St. Gallen
THAILAND Bangkok
Chulalongkorn University,
Faculty of Commerce
and Accountancy
UNITED
KINGDOM
Birmingham Aston University, Aston
Business School
London London Business School
International Exchange
Smith’s MBA program offers exchanges at more than 35
partner business schools around the world. Through this
extensive international partnership network, there are
enough places for every MBA student to participate in a
short or long-term exchange.*
Inside Back
Inside Front
*Seats at individual exchange partners cannot be guaranteed.
FTMBA | 14
CLASS AND CAREER
.
Outside Front
Accelerating Your Career
Our faculty, staff, coaches and Career Advancement Centre team work
closely with you to help you find the post-graduation job that showcases
your skills and capabilities, and accelerates your career.
$120,852 CAD
average total compensation
accepted a job offer within
3 months of graduation 98% (100% reporting rate)
Class of 2021
FTMBA | 15
Class Profile
59%
male 40%
female
Sample of Companies that Hire Our MBAs
36% Financial Services
26% Consulting
Technology 13%
Healthcare 6%
Retail 5%
Consumer Goods 4%
Government 2%
Non-Profit 2%
Real Estate 2%
Telecommunications 1%
Marketing Services 1%
Other 2%
Employment by Industry
Class of 2023
Class of 2021
CONSULTING
• A.T. Kearney
• Accenture
• Boston Consulting Group
• Capgemini
• Deloitte
• EY
• KPMG
• McKinsey & Company
• PricewaterhouseCoopers
CONSUMER PACKAGED
GOODS/FOOD/
PHARMACEUTICAL
• Johnson & Johnson
• McCain
• Maple Leaf Foods
• Molson Coors
• PepsiCo
• Pfizer
• Reckitt Benckiser
• Unilever
TECHNOLOGY &
COMMUNICATIONS
• Amazon
• Adobe
• Bell
• Google
• IBM
• Microsoft
• Rogers
• Telus
• Uber
• Xerox
ENTERTAINMENT/
MEDIA/ INFORMATION
• Disney
• Nielsen
INVESTMENT &
FINANCIAL SERVICES
• Bank of America
Merrill Lynch
• BMO
• Brookfield Financial
• Capital One
• CIBC
• CPPIB
• Credit Suisse
• Dundee Capital Markets
• Equitable Bank
• HBC
• Mackenzie Investments
• Macquarie Group
• Manulife
• National Bank
• RBC
• Scotiabank
• Sun Life Financial
• Travelers
• TD Bank
• Waterton Global
Resource Management
CONSTRUCTION/
INFRASTRUCTURE/
REAL ESTATE
• Aecon
• Cadillac Fairview
• Emma Capital
• Oxford Properties
MANUFACTURING/
INDUSTRIAL/ CHEMICAL/
ELECTRONICS
• DuPont
• Dow Chemical
• GE
• Honeywell
• Tenaris
• Texas Instruments
ENERGY & RESOURCES
• Atomic Energy of Canada
• Haliburton
• Imperial Oil
• Shell
• Suncor
• Teck Resources
• TransCanada
LUXURY GOODS
• Christian Dior
HEALTHCARE
• Hamilton Health Sciences
• Harvard Medical School
• Health Canada
• Heart & Stroke
• The Hospital for
Sick Children
• John Hopkins University
• University Health Network
RETAIL
• Canadian Tire
• Indigo
• Loblaw
• Staples
• Tim Hortons
• Walmart
We’ll Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process, during
the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
Inside Back
Inside Front
average base salary
delta vs. pre-MBA job
of grads made at least
one career transition
(industry, function or city)
69% 93%
4.2
average years of
work experience
78
students
28
average age
The Full-time MBA has deliberately small class sizes and diverse student
backgrounds which make for an outstanding learning experience.
From countries including: Bangladesh,
Bulgaria, Cameroon, Canada, China, Costa
Rica, India, Ireland, Kenya, Lebanon, Mexico,
Nigeria, Pakistan, Peru, Philippines, Portugal,
Serbia, Turkey, and USA.
Academic backgrounds include arts, business,
economics, engineering, healthcare, law,
sciences, technology, and more.
58%
Canadian
students
42%
International
students
1%
non-binary
FTMBA | 16
CURRICULUM
Complete your MBA in 12 months and re-enter the workforce
with the knowledge and skills to begin advancing your career.
Our modern curriculum features relevant courses that align
with employer needs. Through specializations including Digital
Transformation and Management Analytics, you will gain a broad
understanding of the global business environment and be equipped to
handle today’s business challenges. Our integrated approach to teaching
encompasses a variety of methodologies. This will allow you to develop
a full understanding of business functions applicable to any industry.
There are two modules: the Foundations Level, which provides an
overview of business fundamentals; and Mastery Level, which enables
you to choose an area of interest.
Upon completion of the MBA, you may then choose to advance to
the Expert level by pursuing a second Master’s degree in this area
of specialization.
Outside Front
FTMBA | 17
Business
Fundamentals
Career
Concentrated
Electives
Business Pre-MBA
Preparatory Sessions
Expert Level:
Double-degrees
Smith offers optional non-credit, one-day sessions in topics such as Accounting,
Finance and Statistics, case preparation, and more.
The Expert Level enables you to apply some of your MBA credits to a second Master’s degree.
Currently there are five options:
• Master of Finance
• Master of Management Analytics
• Juris Doctorate
• Master of Science in Healthcare Quality
• Master of Management in Artificial Intelligence
There are multiple ways to pursue a second degree.
Foundational curriculum covering the core management skills required to lead in business.
Take eight elective courses and an optional
area of specialization. Earn a supplemental
certificate in that area of focus.
Substantial team and individual project
assignments allow for deep learning and
practical application.
Specializations are offered in the areas
of highest demand such as:
• Consulting
• Finance
• Marketing and Sales
• Entrepreneurship and Innovation
• Management Analytics
• Digital Transformation
• Business Analytics
• Business and Corporate Strategy
• Business, Government and the Global Economy
• Economics and Industry Analysis
• Finance Fundamentals
• Financial Accounting
• Introduction to Digital Business
• Leading with Integrity
• Managing Human Capital
• Marketing Fundamentals
• Negotiations & Conflict Management
• Operations and Supply Chain Management
• Professional Communication Skills
• Integrated Team Project*
JUL
JAN
FEB
MAR
APR
MAY
JUN
AUG
SEP
OCT
NOV
DEC
Inside Back
Inside Front
* Our project based courses offer a unique opportunity to work with Small to Medium Size
Enterprises (SME) and put into practice what you are learning throughout the program.
NEW
ELECTIVES
• Advanced Portfolio
Management
• Analytical Decision Making
• Consumer Focused Marketing
• Corporate Valuation &
Mergers and Acquisitions
• Creating & Executing
Market-Based Strategy
• Decision-making
in Competitive
Environments NEW
• Digital Execution NEW
• Digital Transformation NEW
• Diversity and Inclusion
in Organizations NEW
• Dynamic Strategy Analysis NEW
• Finance Strategy
• Financing of New Ventures
• Global Strategy
• Management Accounting
• Managing Agile Projects
• New Venture Management
• Organizational Intelligence
& Strategy NEW
• Pricing Analytics
• Risk Management
• Sales Management
• Strategic Problem Solving
& Insights NEW
• Strategic Service Operations
• Strategy Implementation
& Change
• Topics in Analytics NEW
• Tri-Colour Venture Fund
• Individual Project (mandatory)*
FTMBA | 18
Let Us Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process,
during the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada, K7L 3N6
Toll-free: 1.888.393.2622
PROFESSIONAL DESIGNATIONS
While completing your MBA at Smith, you
can begin a professional designation:
Options
CERTIFICATE IN SOCIAL IMPACT
Participating students have an opportunity to augment
their degree with exposure to the dynamic world of social
impact — exploring areas such as sustainability, social
finance, social innovation, social entrepreneurship, and
values-based leadership. By completing certain courses
and participating in key events and volunteer activities,
you can earn a Certificate in Social Impact.
FTMBA | 19
ADMISSIONS
We are looking for exceptionally talented and motivated individuals.
Academic strength, career progress, leadership potential, and strong
interpersonal and communications capacity are just some of the
characteristics we are seeking for Smith’s MBA Class of 2024.
Successful applicants will typically meet the following requirements:
• A four-year (or international equivalent) undergraduate
degree from a recognized university;
• Two years relevant work experience;
• An acceptable and complete GMAT or GRE score;
• If applicable, an acceptable score on an approved English
proficiency test (TOEFL, IELTS, PTE, or MELAB);
• Two professional references; and
• Completion of two video questions and one written response.
In compelling cases, exceptions may apply. Candidates who meet the
core requirements may be invited for an admissions interview.
FTMBA | 20
Fees and Scholarships
The MBA fee includes program enrollment,
all books, case materials and other
instructional supplies, events like case
competitions, career related non-academic
events, and executive coaching.
The fees for Class of 2024 (starting January
2023) are $83,444 CAD for domestic and
$104,100 CAD for international students.*
All qualified candidates who submit a
completed admissions application will be
automatically considered for a number of
entrance scholarships.
There is no application fee.
The Time is Now
Admission to the Smith MBA
is competitive. Applicants are
encouraged to apply early as space
and academic scholarships are limited.
Complete applications are reviewed
immediately upon receipt and
admissions decisions are rendered
after references are checked.
Key Program Dates
• Classes start — January
• Early round major scholarship
decisions — May 1
• International application
deadline — September 1
• Late round major scholarship
decisions — October 1
Let Us Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process, during
the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada, K7L 3N6
Toll-free: 1.888.393.2622
A22.0043
Financing
Domestic students
Smith School of Business has partnered with
RBC to offer a student line of credit tailored
to your needs.
Those accepted into the Full-time MBA
Program can now apply for the Ontario
Student Assistance Program (OSAP).
Visit smithqueens.com/ftmba for detailed information
on fees, scholarships and financing options.
*Fees are subject to final approval from the Queen’s Board of Trustees
FTMBA | 21
At Smith School of Business
we provide a highly personalized
experience from initial inquiry,
through the admission process,
during the program, and after
graduation.
From the start we will work with you to
assess your fit for the program and help
you apply for admission. We’re looking
for outstanding individuals with stellar
academic capacity, a great work ethic,
the ability to work effectively in teams
and strong interpersonal skills.
For more information on
the admission process
and requirements go to
smithqueens.com/ftmba
LET US
HELP
YOU GET
STARTED
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada K7L 3N6
Toll-free: 1.844.533.1651
smithqueens.com/ftmba
A21.0064 Information in this brochure is accurate at time of publication.
The Montreal advantage
• Top 5 Best student cities in the world
(QS Best student cities ranking)
• #1 Safest city in North America
(Statistics Canada)
• #1 Most affordable major city in Canada
and the U.S. (UBS Prices and earnings, 2018)
Bienvenue à Montréal!
Montreal consistently ranks as one of the world’s
best student cities. Safe, clean and cosmopolitan,
it offers a high quality of living at a low cost. In
an affordable city with a vibrant atmosphere,
Montrealers thrive on great food and culture,
getting around by using its world-class cycling and
public transportation infrastructure.
Located in the vibrant heart of downtown
Montreal, Concordia University’s John Molson
School of Business is one of Canada’s leading
business schools.
Practical. Flexible. Experiential
The John Molson MBA is a practical program
in every possible way. We look at management
practices from a holistic and interdisciplinary
perspective. Our flexible program allows you
to create a schedule that fits your life while
you acquire the comprehensive skills employers
want through our case-based and experiential
learning approach.
MBA 650
Crafting and Implementing Successful Strategies
MBA 647
Managing People
in
Organizations
MBA 648
Business Process
Management
MBA 649
Strategic
Managerial
Accounting and
Control
MBA 643
Managerial
Analytics
MBA 644
Marketing
Management
MBA 645
Economics
for
Organizational
Decision
Making
MBA 646
Financial
Management
MBA 642
Financial Reporting for Responsible Decision Making
MBA 641
Responsible Manager
MBA 640
On Ramp (no credit)
Class profile
Designed as a two-year, 45-credit
program, the John Molson MBA may be
completed in as little as 16 months by
taking summer classes. It covers a wide
array of business topics to strengthen
your strategic decision-making and critical
thinking abilities.
On-ramp
Comprised of several quantitative
modules, this online course will give you
invaluable tools to prepare for the rest of
the MBA program.
Core (30 credits)
Our case-format core begins with an
overview of ethics, sustainability, and
the role of organizations in society. You
will then develop the practical expertise
needed to manage specific business areas
and finally apply it to cross-functional
business problems.
Join a diverse network
Expand your network and learn from
students who come from all over the
world, bringing together a diverse range
of backgrounds. Our small class size allows
for close-knit interactions with your peers.
Seize the opportunity to gain practical skills while earning credits toward your degree. The hands-on
experience, practical knowledge and network developed through these options add tremendous value to
your profile. Personalize your experience by tailoring the program according to your interests, motivation
and career goals.
Electives (15 credits)
Compete Experience Explore
ICOP Social Business
Case Competition
Live Case Challenge
MBA Case Competition Organizer
and Participant
MBA International Case
Competition Executive
Van Berkom Small-cap Investment
Case Competition
CEO shadowing
Co-op paid internship
Concordia Small Business
Consulting Bureau
Community Service
Initiative
Van Berkom Investment
Management Program
International exchange
Business research paper
Elective courses in:
• Accounting
• Business Technology
Management
• Data Analytics
(SAS certification available)
• Finance
• Management
• Marketing
• Supply Chain Management
• Surgical Innovation
CEO shadowing Unique to JMSB is the opportunity to learn to lead by shadowing a top executive. This special feature of the Co-op paid
internship program allows MBA students to work alongside the CEO of a small or medium-sized enterprise for up to 15 weeks.
Tap to learn more
Continue developing your skills and leadership style
by getting involved outside of the classroom. Every
year, our students participate in a wide array of case
competitions, community initiatives and networking
activities, taking their education and careers to the
next level by applying what they have learned in a
practical way. Getting involved in extra-curricular
activities is an excellent way to set yourself apart
while making connections that will last a lifetime.
• International Community Outreach Program
• John Molson Graduate Student Association
Speaker Series
• John Molson Entrepreneurship Club
• John Molson Graduates Investment Club
• John Molson Sustainable Business Group
• John Molson Women in Business Club
• MBA Case Competition Committee
• MBA Society
• Briscoe Business Ownership Club
• John Molson Project Management Club
Experiential learning was the highlight
of my MBA. Case competitions exposed
the intricacies of a wide range of industries
and inspired me to pursue a career in
sustainable investing. Many opportunities
and important insights arose out of my
involvement and I feel privileged to be a
part of the JMSB community.
Winnie Hu (MBA’19)
Get involved as an organizer or compete against
the world’s very best teams. Open to top business
schools worldwide, the John Molson MBA
International Case Competition is recognized
as the largest case competition of its kind. Our
annual, not-for-profit event welcomes 36 teams
from universities across the globe for a weeklong competition at the start of January and is
organized by a team of MBA students.
As part of the John Molson International
Case Competition, I gained access to
incredible mentorship from a board of
directors composed of C-Level executives.
Their advice and outlook on the challenges
we faced as a team had a huge impact on
my professional development. It was also
through ICC that I built my strongest and
most lasting friendships in the MBA.
Evan Baker (MBA’20)
Tap to learn more
Dedicated to your success, Career Management
Services supports all students and alumni in their
professional endeavours and provides relevant
resources to help you reach your career goals.
• Personalized support for résumé and cover
letter writing, job search, interview preparation,
job offer negotiation, LinkedIn / digital brand
management and dining etiquette.
• Graduate Student Elevator-Pitch Day
• C-RISE program for international students
(career seminars, networking events, etc.)
Yingying Zhang, Bombardier
(Strategy Intern), Montreal
Sample of employers who recruit JMSB graduates
Karolyne Courville, Deloitte
(Consultant), Montreal
Sapandeep Singh Randhawa, CIBC
(Associate, GLDP) Toronto
Tap to learn more
“The John Molson School of
Business allowed me to meet
and work with high-achieving,
motivated individuals of
the highest caliber, who
pushed me to better myself
and strive for excellence.
The experiential learning
opportunities provided by
the MBA program were key
to my personal and
professional growth.”
– Paola Sunye
An MBA is a significant financial and time investment,
which is why it is important to find the right fit to
achieve your personal and professional goals. At JMSB,
we take a holistic approach to admissions and assess you
based on your work experience, intellectual abilities,
leadership potential and communications skills.
Tuition fee*:
$6,000
(Canadians / Permanent
Residents - Quebec)
$14,000
(Canadians / Permanent
Residents – other)
$40,000
(International)
*Approximate total tuition. Merit-based scholarships are available to candidates applying by March 1.
What you need to apply:
Transcripts of
undergraduate degree
3.0+ GPA
GMAT
580+
TOEFL / IELTS*
95 / 7.0
CV / Resume
Required:
2+ years
of relevant working
experience
Statement of purpose
(500 words)
3
letters
of reference
Video interview
More questions?
Connect with
a recruiter!
gradadvisor.jmsb@concordia.ca
514-848-2424, ext. 2716
Application deadlines
September admission
March 1 Round 1 – International & Scholarships
May 1 Round 2
June 1 Round 3 – Canadian / Permanent Residents
January admission
June 1 Round 1 – International
October 1 Round 2 – Canadian / Permanent Residents
Tap to learn more
1450 Guy Street
MB 6.201 (6th Floor)
Montreal, Quebec H3H 0A1
Email: gradadvisor.jmsb@concordia.ca
CONCORDIA.CA/MBA
T20-62246
In New York state, hiring the right construction insurance company or insurance broker is crucial prior to beginning any new construction, including remodels and renovations. New York construction rules and regulations are highly detailed with regards to construction insurance and the amounts of coverage specific to each construction project.
Following are four questions that will help you ensure that the construction insurance company you are working with or interviewing has the requisite knowledge and insight into New York construction insurance regulations. Whether you are a builder, contractor, construction manager, subcontractor or employer you need to have the best possible coverage to protect yourself, your employees and your business.
1. Do they have significant New York state construction insurance experience?
If you’re a general contractor or employer working on a larger-scale construction project in New York, you are required to have construction insurance to protect against various liabilities stemming from construction site accidents. New York’s rules and regulations are highly specific and require in-depth knowledge of certain minimum insurance requirements that need to be met based on issues such as:
Permit type
Project scope
Proposed building height and number of stories
The height and number of stories of the tallest adjacent building
The use of a tower crane, and others.
An experienced and reputable construction insurance company or broker will know where the weaknesses are in the typical construction insurance policy and how to amend them to mitigate risk to your best advantage.
2. Do they ask the right questions about your construction business and your projects?
A knowledgeable construction insurance broker will know the questions to ask in order to provide the right policy for your construction project(s) and your business. They’ll want to know about the type of construction projects you work on, where, how big and for whom, what kinds of sub-contractors you use, what is the building height and number of stories, what types of equipment do you use and so on, and will make appropriate insurance recommendations based on your business. Remember your construction insurance policy is only as good as the language included within.
3. Do they have access to a wide range of insurance underwriters?
Your construction insurance broker should be able to present you with many options for insuring your project(s) and have access to multiple carriers to ensure that you get the right coverage at the best possible price through effective negotiation, exceptional experience and long-lasting relationships.
Schaefer Enterprises has served the specialized insurance needs of the construction industry for 15 years. We know what really matters and how to protect your interests. We offer unique programs flexible enough to suit the needs of general contractors, contractors and business owners of various sizes and circumstances. We have tailored construction insurance programs for projects ranging from below the ground floor up to many stories above street level, and we can provide protection to you, your family and your business with the following policies:
Workers’ Compensation
General Liability
Disability
Umbrella
Inland Marine
Builder’s Risk
4. Do they perform a comprehensive review of your existing construction insurance policy?
If you’re interviewing a new construction insurance company or broker, one of the first things they should undertake on your behalf is a comprehensive review of your existing policy. A thorough review of your current coverage will not only give them a well-rounded view of your construction business and what kinds of projects you work on, but it should also reveal any gaps in coverage that leave you exposed to uncovered claims. This includes reviewing of all your subcontractors’ ACORD certificates and sub agreement contracts to make sure you are covered adequately.
In addition to insurance, there are a number of exclusions and regulatory considerations (such as minimum coverages) that you need to take into account to protect yourself and your construction business.
Looking to find the best New York construction insurance company?
The Schaefer Enterprises, Inc. Construction Group provides expert guidance on construction insurance policies and regulatory issues for a wide range of contractors including general contractors, sub-contractors, sheet metal manufacturers, roofers, steel erectors and fabricators, steamfitters, HVAC contractors, electrical contractors and ready mix contractors.
Want to know if you’re current construction insurance policy has the minimum general contractor insurance required, and how well it is contributing to the growth of you
General liability insurance is a kind of business insurance that provides companies with some financial protection against claims by third parties – such as customers – relating to bodily harm, personal injury, and property damage. Additionally, it can assist with attorney fees owed when defending against such claims.
Typically, general liability insurance is recommended for any small business owner, regardless of whether they produce products or offer services. The concept of harm can extend beyond the physical. For example, reputational damage to another is considered harm in this case. Similarly, copyright infringement claims can also qualify as harm in regard to this type of coverage.
What Does This Type of Policy Cover?
With general liability insurance, the coverage provides some financial protection for several types of events or claims made by third parties. The policy usually covers bodily harm to a customer, such as an injury acquired while on a company’s property. With the coverage, the insurer assists with handling costs related to any required medical treatment, alleviating the burden the small business would otherwise shoulder.
In some cases, the bodily harm coverage also extends to cover injuries that occurred when a customer was using a company’s products. However, some insurers require separate product liability coverage for those events, so it’s critical to review the policy details carefully to determine whether this coverage is included in a general liability policy.
Similarly, damage caused to a third party’s property is covered by a general liability insurance policy. For example, if employees installed a product on a customer’s site and damaged any of the customer’s property during the process, any damage claims relating to that property are potentially addressable with the general liability policy.
In situations where a third party claims reputational harm – which typically emerges as claims of slander or libel – that’s also handled by the coverage. The policy helps pay for any attorney services needed to defend the small business and any resulting settlements or judgments. Advertising injury – such as copyright infringement claims – are also usually included in the policy, functioning similarly to the coverage for slander and libel.
What Claims Are Typically Excluded From Coverage?
General liability insurance is only usable in addressing harm caused to third parties. As a result, it won’t handle work-related injuries sustained by employees. Similarly, damage to a company’s property isn’t addressable with a general liability policy.
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Finally, mistakes made while providing professional services that would usually get covered by professional liability insurance aren’t usually covered by general liability insurance. That mainly includes claims involving misrepresentation or negligence. In some cases, claims involving slander or libel are addressed by professional liability insurance as well, though that’s still commonly a part of general liability insurance, too.
GLOBAL
ONLINE
MBA
BUSINESS & MANAGEMENT
Success in today’s
business reality calls for
the ability to navigate
complexity in order to
unlock value and drive
impact. Aimed at up-andcoming leaders, this topranked global program
shifts between in-person
and virtual environments
to boost employability
and maximize individual
potential.
Mode of Study Part-time
Format Blended
Intakes September & February
Duration 17, 24 or 30 Months
Language English
Location Online & Madrid or 100% Online
The Global Online MBA is a parttime program that consistently
tops the world’s most
prestigious rankings. Taking
place over 17, 24 or 30 months,
this flexible experience aims to
provide holistic understanding
of business management
while also elevating individuals’
mindsets to become more agile
and effective leaders. Lastly,
there is a strong emphasis
on career development to
maximize your employability.
ABOUT THE
PROGRAM
Your program overview
This program is designed for up-andcoming, high-potential managers who are
looking to take the next step in their career.
You are eager to lead teams in today’s
complex business landscape and want a
flexible program that provides the tools to
advance, without putting your career on
hold. Above all, you are seeking a rigorous,
high-intensity program that will allow you
to expand your global network of likeminded leaders.
For those who
wish to work in...
Sales & Marketing
Strategy & Business
Development
Consulting
Finance
Operations
Technology
Entrepreneurship
WHO IS THIS
PROGRAM FOR?
The perfect fit
WHY CHOOSE
THIS PROGRAM?
Reasons you should join
01
Accelerate your
professional progress
Our goal is to help you achieve yours.
Whatever your particular ambition,
the program’s combination of
academic concepts and real business
applications should set you up for
success—with added support through
personalized coaching sessions, the
Career Transformation program and
the IE Talent & Careers department.
02
Gain tools
of impact
The Global Online MBA is a platform
for experimentation that allows you to
constantly test out new concepts and
tools in your organization as soon as
you acquire them. During both online
and in-person sessions, you’ll reassess
how you work and gain an updated
business toolkit to drive even greater
results.
03 Shape your
learning journey
The Global Online MBA is all about choice, helping
you realize your personal learning goals. You decide
if you’d rather complete the program in 17, 24 or 30
months. You’ll work closely with your mentor on the
Entrepreneurial Venturing Final Project, for which
you’ll choose from the Startup Creation or Corporate
Entrepreneurship courses. And, in the last period, you
decide whether to opt in to one of the three program
learning tracks, where you’ll select a number of elective
modules. Every step of the way, the choice is yours.
04
Thrive in online
environments
It’s important to navigate online and
in-person dynamics in today’s world.
The blended nature of this program
reflects the reality of our current
professional trends, and will prepare
you to thrive in digital communities
during the program and long after you
graduate.
05
Expand your
global network
We welcome rising leaders with a
variety of professional backgrounds
from over 50 countries. These
classmates will soon become
both personal and professional
connections—but it doesn’t stop there.
Our expansive community of faculty
members, alumni, students and guest
speakers across the university will take
your network to the next level.
96%
of employers agree that
MBA graduates create value
for their company.
GMAC, Graduate Management
Admission Council
6,000
job opportunities from over
3,500 global recruiters are
available to IE University's
Global Online MBA students
upon graduation.
IE University is a leading business school
in Europe, with the Global Online MBA
program itself being selected as the best
online program in the world. The blended
methodology format allows for a very
flexible schedule while also creating
the possibility of having an extremely
international cohort.”
Martin Von Knobloch, Paraguay
Associate at McKinsey & Company
Pre-program:
Getting Started
The pre-program allows you to
familiarize yourself with basic business
concepts. In order to best prepare you
for the program, you will have access to
Financial Accounting & Analysis three
weeks prior to the program opening.
P
94%
of recruiters in Europe predict
future demand for business
school graduates to either
remain stable or increase.
GMAC, Graduate Management
Admission Council
PROGRAM
STRUCTURE
Your learning journey
The Global Online MBA is all about
transformation. To achieve this,
we systematically develop three
key areas of your learning: making
an impact in times of change;
driving change with a global and
digital mindset; and boosting your
employability. Throughout the
entire journey, these aspects work
together to result in a complete
transformation.
You have a choice with the
structure—blended or virtual. The
blended format features three inperson periods and three core virtual
periods. For the remote participants,
the in-person periods will take place
in a dynamic virtual format.
Online sessions are made up of
eight modules over three terms and
combine real-time conferences with
asynchronous forums. Moreover, if
the 17-month timeframe interferes
with professional commitments,
you can extend to 24 or 30 months,
allowing you to spread out your
third-term electives to better suit
your schedule.
Term One
After an intensive seven-day period of
transformational learning in Madrid,
you will move to a virtual environment
to begin Term One. This term is
designed to take you out of your
comfort zone, with online discussions
and live video conferences, you will
be immersed in the core elements
of management, learn how to run
economic analysis, and explore the
foundations of finance.
Term Two
In Term Two you will focus on how to
devise a business strategy that yields
results. You will explore financial issues,
key operational management skills
and the ins and out of launching a
start-up or driving innovation within a
corporation. This part of the program
also includes the optional Global
Immersion Week for those who want
to further develop their international
networks.
Term Three
Term Three allows you to tailor the
program to your own needs. You
can choose from an array of elective
courses, all of which aim to tackle the
latest trends in the business world,
allowing you to gain insights into
topics that directly impact your career.
You will also work with a mentor on
an Innovation Capstone project that
follows either an Entrepreneurship or
Intrapreneurship track.
T1
T2
T3
PROGRAM STRUCTURE
Pre-program
Getting Started: Self-study
(3 weeks prior to course
start date)
▶ Financial Accounting
& Analysis
Online
First Term Online
▶ Financial reporting
and analysis
▶ Economic
environment and
country analysis
▶ Digital
transformation
▶ Leading people
and teams
▶ Marketing
management
▶ Strategy
In person
▶ Team building
▶ Personal
communication
▶ Social
entrepreneurship
▶ Change
management
▶ Negotiation
▶ Networking
▶ Well-being
in practice
7 months
Online and Madrid
KEY SKILLS KEY SKILLS
Second Term Online
▶ Finance
▶ Entrepreneurial
venturing final
project
▶ Managing People
in the Digital Era
▶ Management
Accounting
▶ Precourse Data
Analytics
In person
▶ Creativity & ideation
▶ Influence
& persuasion
▶ Business,
government and
sustainability
▶ Teambuilding II
▶ Change
Management
5 months
Madrid or Online
Make the most
of your MBAse
fro
Read more about the Global Online MBA program. Find out more
*Students who opt for a program experience that’s either majority online or 100%
online will be able to participate in the residential period activities virtually, from
wherever they are.
Third Term Online
▶ Final exam
preparation
▶ Scaleup
fundamentals
▶ Entrepreneurial
venturing coaching
In person
▶ Mock pitch
▶ Final exam
▶ Careers
▶ Industry specialized
conferences
Online electives. Choose between:
▶ 1 track/concentration area + 3 electives
Area 1: Financial Markets and Fintech
Area 2: Strategic Management
Area 3: Marketing
▶ Three electives and one track, comprising
three courses of your choice.
▶ Global Immersion Week:
This week-long experience gives you the option to
travel to an international destination where you’ll
interact with other blended MBA cohorts, learn
about local markets, and hear from industry-leading
panelists. Historically, destinations have included:
Dubai, San Francisco, Singapore, Berlin.
Varies
▶ Career Transformation Program:
This program takes place over the course of your MBA,
enabling you to receive individual career coaching and
further define career goals. Through mock interviews,
one-on-one sessions and CV feedback, you’ll come to
deeply understand your professional profile and make
concrete plans for the future.
• Takes place throughout the program.
5 months
Madrid and Online
PROGRAM STRUCTURE KEY SKILLS KEY SKILLS
STUDENT PROFILE
Your future network
Students on the Global Online MBA come
from diverse professional backgrounds.
On the program, you will join a worldrenowned business network, where the
core community is centered on talent,
prestige and drive. At IE University you
will benefit from a global, dynamic and
talented learning environment, engaging
with students from different academic
backgrounds, industries and roles.
Find out more
33
years old is the
average age of
students in this
program.
50+
nationalities
represented on
average in the
classroom.
3
Minimum years
of professional
experience.
Join a diverse
community that
reflects the reality
of today’s business
world. Discover the
Global Online MBA
class profile.
Academic
background
Where do program
alumni work?
��������
31+24+12+10Business
Administration
Engineering
Science
Economics
Law & Politics
Biotech
Pharma
Benefit from
exclusive career
services
This program offers access to a
variety of career-boosting initiatives,
experiences and opportunities. The
Global Online MBA prepares you to
make your mark through exclusive
networking events, personalized career
guidance, and other resources to fuel
your transformation.
Find the right career path with the
Global Online MBA.
Designed
with you
in mind
The Global Online MBA is a highly
interactive program designed for
today’s professionals. Thanks to our
blended approach to education, you’ll
have the opportunity to participate in
a world-class learning experience, no
matter where you are.
Read more about the program
experience.
Find out more Find out more
Sophie Dornbach, Germany/France
Consultant at Spring Professional
Switzerland (The Adecco Group)
Never before have I had
such a burning desire to
chase my dreams and strive
for more. This sense of
ambition has been instilled
in me by the Global Online
MBA experience and the
determination of people in
the program.”
Who you are
Students across
all program areas
share common traits
that we look out
for. We particularly
value dedicated and
talented individuals
who come from
diverse backgrounds
and possess a global
mindset.
Alongside your strong
interpersonal skills and
innovative outlook,
you thrive under an
intensive academic
workload, considering
it an opportunity to
share new experiences
and create unique
approaches to
problem-solving.
The IE University admissions
process is simple yet
rigorous—and carried out
entirely online.
While the particulars may change
depending on your chosen program, it
always follows a similar format, which
you can discover below. With our
rolling admissions process, there’s no
application deadline. But spaces are
limited so we recommend that you apply
as soon as possible.
The first steps
Before you embark on your personal
learning journey, there are five
preliminary steps you need to take.
ADMISSIONS
PROCESS
& FINANCIAL
AID
01
Online
Application Form
Complete the online
application form and
upload the documents
required by your program.
04
English
Proficiency
TOEFL, IELTS, Duolingo
or Cambridge (C1 or C2)
certifications may be
necessary to demonstrate
your English level.
06
Final Decision
Your entire application
will be evaluated by the
Admissions Committee
and you will receive an
answer within 1–3 weeks.
05
Personal
Interview
This online interview
will take place with an
associate director of the
admissions team.
02
Online
Assessment
With the application
submitted and the fee
paid, you will receive a
link to answer three live
questions, two in video
format and one in written
format.
This process may vary depending on the program. Be
sure to consult the Admissions area of your program of
interest for more details on the admissions process.
* Special admission requirements
for Master in Finance candidates,
contact the admissions team for more
information.
** If you are considering a dual degree,
keep in mind that students must be
admitted to both programs.
Get started →
A
B
C
EXAM:
03
Entrance Exam
Next, you will have to take
either the GMAT, GRE or
IEGAT. If you would like
to apply to a Finance
Program you must take
either the GMAT, GRE,
CFA Level 1 or CAIA Level
1. Note that this is a
mandatory requirement,
and the IEGAT will not be
accepted.
If sorting out funding
and scholarships is
an important part of
making IE University
your next big step
in your professional
journey, the good
news is that we have
a range of funding
options available to
support you!
Most of our students rely on a
combination of different types of
financial means to cover the tuition
fees and the overall costs associated
with program attendance. These
means typically include personal
resources, student loans, scholarships
and, at times, some form of family
support or tuition assistance from
employers.
The IE Financial Aid Office will help
you understand the different financing
options and scholarship opportunities
available. Researching, understanding
your options and planning ahead is
key. The FAO will provide you with all
the necessary guidance to make any
scholarship or loan application process
as smooth as possible.
Please visit our financial aid website
for more details or schedule an
appointment with our team.
Go to the Site →
FINANCIAL
AID
IE Scholarships
Thanks to the IE Foundation and
the generosity of our students,
alumni, parents, corporate partners
and other benefactors who support
our groundbreaking Financial Aid
program, we are able to maintain a
strong commitment to providing topnotch education to highly qualified
candidates from around the world,
regardless of their economic situation.
Our wide portfolio of scholarships
allows us to guarantee diversity and
excellence through our needs-based
and merit-based scholarships.
Scholarships are awarded based on
economic need, merit, distinctive
competencies and/or academic and
professional excellence. The aim is
twofold: celebrating and rewarding
outstanding individuals and providing
scholarship support to deserving and
promising candidates who would
otherwise not be able to attend IE
University.
Check the IE Financial Aid website to discover the full
list of scholarships available and to learn more about the
application process.
The aim is twofold:
celebrating and
rewarding outstanding
individuals and
providing scholarship
support to deserving
and promising
candidates who would
otherwise not be able
to attend IE University.
Direct Awards
There is no formal application process
for the IE High Potential Award—
all applicants are automatically
considered. Awards are communicated
at the time of admission and
recipients are chosen based on the
information provided during the
admissions process: the strength of
their application, academic merit,
professional experience, the quality
of the interview, competitiveness,
life experiences and suitability to
the program and our school. These
awards are need-blind, and are
compatible with other IE Scholarships
should the candidate require further
support through a formal scholarship
application.
Loans
Many of our students rely on loans
—either government and/or privately
funded—to at least partially finance
their studies at IE University. As we
strive to provide our students with
further financing opportunities,
we are committed to securing
agreements with both Spanish and
international institutions that offer
our students financial loan schemes
on favorable grounds. While there are
many organizations that lend to IE
students—including those we have
an agreement with—it is critical that
you understand all fees and terms of
available loans to compare them and
determine which are best suited to
your particular needs.
Contact our dedicated team at loans@ie.edu to find out
which financing options may be available to you. Please
note that many financing schemes are time sensitive
and may require planning several months before your
program starts.
Tuition Payment Options
While making an investment in higher
education is extremely worthwhile,
we understand it isn’t always easy. At
IE University, we allow students to pay
in interest-free installments, without
pre-approval requirements or credit
checks.
The number of installments and
conditions depends on the program,
please talk to your admissions advisor
for more information.
ABOUT YOUR
UNIVERSITY
The IE University
ecosystem is designed
with the student in mind.
Rooted in a humancentered approach to
entrepreneurship and
innovation, we offer an
extensive global network,
cutting-edge facilities
and top institutional
partnerships—empowering
future leaders to define
their journey.
WHO
WE ARE?
WHO
WE ARE
First and foremost,
we are Liquid Learners.
Liquid Learning
at IE University is the
culmination of our
educational vision,
transcending any single
platform or approach
to produce a holistic,
streamlined academic
experience.
Developed over 20 years, this model
blurs the lines between online and inperson education resulting in a flexible,
highly interactive learning journey.
By breaking down traditional barriers
to education, Liquid Learning provides
access to the same world-class
education, regardless of location or
personal circumstances.
But what does this mean? Allow us to
explain. As Liquid Learners, we are:
1,800+
students can attend
the same session
simultaneously
100%
of our students have
online access to classes
200
classes streaming
online simultaneously
in HD
100K+
online sessions
in total
Leaders in
Business Education
IE University was founded by entrepreneurs
with a vision to disrupt traditional models of
education to equip students with the skills
they need for the future.
To achieve this, the institution was
created with five values in mind: diversity,
humanities, technology & innovation,
sustainability and entrepreneurship.
Pioneers in
Disruptive Learning
IE University transformed business
education by introducing disruptive
teaching methodologies, ranging from
immersive classroom approaches and
technological innovation to close ties with
industry leaders.
Over the years, our broad spectrum of
disruptive learning innovations has helped
students from 140 different countries
unleash their true potential.
“Through Extended Reality (XR),
we’re integrating engaging
technologies into our academic
offering to simulate real-world
scenarios and bring immersive
learning to life.”
Diego del Alcázar Benjumea
CEO of IE University
Diverse
Visionaries
Our cutting-edge methodologies
and global approach to education is
complemented by the diversity of our
community.
Students are in constant contact
with a variety of academic, ethnic
and cultural backgrounds, which
challenges preconceived notions
and empowers them to think in new,
innovative ways.
“I'm able to
study with
people from
all around the
world and learn
about different
cultures.
Patricia
Master in Management
Restless
Entrepreneurs
All our programs are taught from
an entrepreneurial perspective,
encouraging students to craft and
apply solutions in the real world—
whether in an intrapreneurial or
entrepreneurial capacity.
Through startup accelerators and
networking opportunities, students
are able to fuel their ideas, fully
supported as they embark on their
entrepreneurial journey.
25%
of our alumni have
started their own
businesses
1,500+
students trained
in entrepreneurial
management
100+
mentors working
alongside our students
WHERE WE ARE
OUR EDUCATIONAL
ECOSYSTEM
Enjoy the right university
experience for you.
We have three locations:
Segovia, Madrid and
Online.
“IE University
teaches you
to work and
cooperate
with people
from different
backgrounds,
and to bring
out the best in
others.
Dionysios Stavrakas, Russia
Executive MBA
Segovia
Declared a World Heritage Site
by UNESCO in 1985, Segovia is
famous for its cathedral, alcázar and
aqueduct.
One of the city’s most historic
buildings, the Convent of Santa Cruz
la Real, is home to the IE University
campus. This campus combines
rich history with state-of-the-art
classrooms.
“In every corner
of Segovia, in
every step you
take through its
streets, squares,
and countryside,
there’s a sense
of tradition, art,
and history.
Cheyenne Uribe
Switzerland. Dual Degree in Laws
and International Relations
Class of 2020
Know more →
Madrid
Our urban tech-based education hub
is located at the heart of one of the
most exclusive neighborhoods of the
city. Not far away, you can find our new
innovation tower—the fifth addition
to the Cuatro Torres—bringing an
environmentally efficient and avantgarde architectural design to a lively
business district.
Know more → Online
Our online classrooms
enable us to provide
Liquid Learning with
hybrid teaching
methodology.
Featuring synchronous
and asynchronous
learning, the online
campus puts the
student at the center
with dynamic learning
methodologies that
adapt to individual
circumstances.
The IE Tower in numbers 7,000
square meters set aside for
green spaces
180
meters high and 35 floors
6,000
undergraduate students on
campus
35
story tower with classrooms
and educational zones
70+
classrooms and a large
number of workspaces and
chill-out zones
50,000
square meters
Global Presence
Our extended IE community stretches
across the globe, with 30 offices working
together to build a lasting community
around the world.
These offices organize thousands of
international networking events, connecting
our alumni community, candidates,
companies and partner universities.
28
alumni reunions
6,000
participants
60+
career sessions per year
300+
career orientation
interviews
OUR ALUMNI IN NUMBERS
Benefits for
our global
community:
▶ IE events,
masterclasses and
workshops led by
IE professors
▶ Corporate
partnerships
▶ Venture Days
▶ Networking
and social events
for alumni and
students
▶ Global Alumni
Weekends
▶ “Glocal” network
▶ Worldwide
conferences
▶ Career
opportunities
for alumni and
students
▶ Alumni clubs
66,000+
total alumni
169
countries
1,300+
alumni events worldwide
Find us at one of our international offices.
Know more →
WHAT'S LIFE
LIKE AT
IE UNIVERSITY
There’s always something
happening at IE University.
From business conferences
to sports games and
coding competitions,
you’ll never be lacking in
opportunities for growth—
and fun!
“IE University
has provided me
with the right
network and
environment
to strengthen
my professional
potential as an
entrepreneur
and architect.
Dana Nayef Alfayez
Alum. Master in Business for
Architecture & Design
Area 31
Weekly Venture
Network event with
pitches given to
investors.
Exclusive workspace for
admitted teams
100
events every year
Venture Days
Event that connects
the entrepreneurial
community across all
continents.
30+
cities around the globe
1,000+
startups applied
Venture Lab
Launchpad for
startups under the
guidance of industry
experts.
10
finalists go to the
Venture Day in Madrid
450+
startups participate
each year
Know more →
EnlightED
Bringing together
the most innovative
startups in education,
innovation and
edtech.
IE Rockets
Residency program to
build your skills and
brand in the higher
education sector.
146
startups applied
$60M
raised from startups
South Summit
Brings together the most
innovative startups regardless
their industry, development
stage and country.
6,700+
CEO / Executives
participated in our
latest edition
$4.3B+
raised by former startup
competition finalists
IE Clubs and Centers
We believe that campus life is just as
important as academic life. With more than
120 active student-led clubs on campus
and online, our students have access to
countless opportunities to engage with
a variety of topics and learn beyond the
classroom.
Club spotlights
IE Out & Allies Club
The IE Out & Allies Club endeavors to broaden
understanding and support for LGBTQI* populations
worldwide. This student-led LGBTQI* club organizes
inclusive, year-round events, which range from
educational meetups to networking and cocktail
events to celebrate a break from school.
The club also proudly organizes the LGBT@Work, the
longest-running LGBTQI* work conference in Europe,
and third-largest business school LGBTQI* conference
in the world.
Women at IE
At IE University, we strive to maintain and promote
gender equality both on and off campus. With over
2,000 members, the IE Women in Business Club was
created to reduce the obstacles facing women in
gaining top leadership positions.
We also work with multiple international women’s
organizations to provide talented and driven women
the financial resources required to reach their
academic and professional goals.
Every year, we celebrate International Women’s Day
with a week full of events addressing gender equality.
Women at IE University
in numbers...
39 %
of our full-time faculty
are women
48%
of our students are
women
56%
of the scholarships
offered to master’s
students are awarded
to women
7.7
million
was awarded to women
pursuing a master’s or
bachelor's degree in
2019
IE Clubs →
IE Center for Diversity in
Global Management
The IE Center for Diversity in Global Management
harnesses the power of diversity to help organizations
become more resilient, efficient and innovative.
Created in September 2002, the Center is an invaluable
resource for the IE University community, engaging
in training, applied research and awareness-raising
activities, alongside holding networking events to
foster international debate.
IE Africa Center
IE Africa Center aims to revolutionize the way the next
generation of global executives understand African
innovation—past and present.
We understand that the intellectual and physical
contributions of Africa and its people are not only
central to the modern world as it exists today, but are
crucial to building a better future.
More IE student clubs:
▶ Net Impact
▶ AI & Big Data
▶ TechIE
▶ IE Tech Lab
▶ IE Tech & Innovation
▶ IE Smart Cities
▶ IE Cybersecurity
▶ IE Blockchain
▶ IE Air & Space
▶ IE Fintech
▶ IE Coding
▶ IE Women
in Business
▶ IE E-Commerce
▶ IE EdTech
and more...
1,500+
annual face-to-face and
online events
600+
speakers hosted on campus
37,000+
attendees
IE Centers →
OUR STUDENTS
IN NUMBERS
160+
nationalities
on campus
52%
male students
48%
female students
85%
international students
45+
languages spoken
on campus
70,000+
students on campus
100+
active clubs on campus
“I think the fact that there
were only 20 of us and there
are 17 different nationalities,
the fact that we got to learn
so much from different
cultures, is great. I think I
learned as much outside as
inside the classroom.
Manon Germain
Alum. Master in Talent Development
& Human Resources
Best MBA
Program
for Entrepreneurship
P&Q 2021
Worldwide
Master in
Management
QS 2021
Worldwide
Global MBA
QS 2021
Worldwide
Online MBA
QS 2022
Worldwide
Online MBA
Financial Times 2022
Worldwide
Executive MBA
(Joint programmes)
QS 2021
3RD
1ST 5TH
5TH
7TH 5TH
OUR RECOGNITION
& REPUTATION
Pioneers
in Online MBAs
since 2001
“I believe it is critical to understand
cultural differences and to be able to
work in a diverse environment, which is
exactly what IE University provides for
both its professors and students.
Bin Ma
Assistant Professor, Human Resources
& Organizational Behavior
WORLDWIDE
ACCREDITATIONS
IVEY
MBA
Begins each
March in
London, ON,
Canada.
A LIFE-LONG
ADVANTAGE.
A YEARLONG MBA.
in Canada for
student
assessment
of career
services
#1
MBA program
#1
in Canada *
in Canada
for education
experience ‡
‡
#1
Features
“If I were to summarize Ivey in one word, it would
be transformational. You’ll notice how you change
as the days and months go by, to the point that
you are thinking in ways that astound you, and
make an impact on those around you.”
A TRANSFORMATIONAL
EXPERIENCE.
Carlos
– Carlos González Meyer, MBA ’18
Marketing Manager, Standards-Memberships,
2 / Ivey MBA
Events & Government Relations, CSA Group
IVEY NETWORK
Join an outstanding
alumni network of
more than 31,000 that
believes in paying it
forward and giving back.
18
GETTING STARTED
Start your journey
towards an Ivey MBA.
24
BY THE NUMBERS
Our reputation, by
the numbers.
20
YEAR AT A GLANCE
Everything you need to
know about your year
at Ivey.
22
LEADERSHIP
ESSENTIALS
Discover the five
elements that are
at the core of
everything we do.
12
REAL-WORLD
LEARNING
Hands-on, experiential
learning sets us apart
and is brought to life by
award-winning faculty
using our renowned
Case-Based approach.
4 8
WORLD-CLASS
CAREER OUTCOMES
Our Career Advisors
help you chart a path
from the moment you
start at Ivey through
to graduation.
6
STUDENT
LIFE
The Ivey student
experience is one
built on close-knit
community and
diverse perspectives.
16
IMAGINE WHAT ONE
YEAR COULD DO
Your year at Ivey will be
immersive, enriching,
and supportive.
Discover what it can
do for you.
YOUR
FIRST CASE
Experience a real case
and discover why CaseBased learning is the
foundation of the
MBA Program.
14
‡ The Economist Full-time MBA Ranking 2021
* Bloomberg Businessweek MBA Ranking 2014-2019, 2022
As Canada’s leading business school, you are investing in yourself when you
choose the one-year Ivey MBA Program.
Our one-year program will minimize your time away from the workforce. You’ll
immerse yourself, without distractions, in our world-class curriculum. And you’ll
form strong bonds with exceptionally talented and diverse classmates from around
the world. Throughout your journey here, you can count on a supportive team to
help you advance to your next career goal. The result: you’ll achieve more than you
ever thought possible, all in one year.
IMAGINE WHAT ONE YEAR CAN DO
Give yourself a
year. Get back
more than you
imagined.
“The strength of Ivey’s network, the
undeniable culture of ‘paying it forward,’
and the people I met have genuinely
inspired me to be a better person. The
personal growth I experienced and the
relationships I fostered have become the
most valuable part of my Ivey journey.”
Kwang
– Kwang Pithayachariyakul, MBA ’17
Vice President, Investment Banking,
TD Securities
4 / Ivey MBA
Career support
at Ivey. Career
outcomes for life.
WORLD-CLASS CAREER OUTCOMES
You have a vision of your future – and we have
the resources and expertise to help you get there.
From the moment you start at Ivey, our world-class
Career Management team will be by your side to help you
build a personal plan and ensure you achieve your high
career aspirations.
Your career goals are central to your success; that’s
why Career Management is integrated throughout the
MBA Program. Classroom activities are combined with
innovative experiences like Ivey’s renowned annual
networking event.
Our job offer rates are consistently over 90 per cent.
Year over year, our students, alumni, and recruiters give
us top scores when evaluating our Career Management
services.
From admissions to graduation and throughout your
career, we’re here to help you every step of the way.
“Career Management support at Ivey was invaluable.
Regular meetings with my career advisor on how
to approach networking was truly life-changing in
helping me with jobs after my MBA.”
Keisha
– Keisha Bailey, MBA ’15
Vice President,
TD Asset Management
† The Economist Full-time MBA Ranking 2016-2021
in the world for student assessment
of career services, five years running†
20 T
O
P
6 / Ivey MBA
Learn by doing
- a leadership
advantage.
Hands-on, experiential learning gives Ivey students an advantage.
Through a diversified roster of projects, activities, and more than 300
business cases, the Ivey MBA experience is all about real-world learning
for real-world problems. From the moment you graduate with your Ivey
MBA, you are prepared to take on real business challenges, and the
difference will be noticeable throughout your career.
REAL-WORLD LEARNING
“When I meet Ivey students or alumni,
I know that they’ve been tested and
thrived; I know that they’ve received
first-class professional and career
management training. And, that they
know what it means to lead, to problemsolve, and to pursue excellence.”
Gillian
– Gillian Fletcher, MBA ’15
Regional Business Manager,
Johnson & Johnson
8 / Ivey MBA
“Case discussions offer perfect ‘aha!’ moments
to weave insights from the case at hand, to my
research in digital transformation, and to the
students’ work experiences.”
Nicole
– Nicole Haggerty, HBA ’89, PhD ’04
Associate Professor,
Ivey Business School at Western University
Real-world
learning is
the norm, not
the exception.
REAL-WORLD LEARNING
Case-Based learning sets Ivey, and its students, apart.
Real-world examples form the foundation of the Ivey
education experience. Cases are dissected, discussed,
and debated in a stimulating environment.
Guided by world-class professors, and enriched by your
fellow students, your classroom conversations will be
dynamic and immersive. Case-Based learning is at the
heart of how Ivey’s students learn. The approach will
allow you to practise the leadership skills that mirror
real-life situations. The result is a transformation in
thinking, and lifelong leadership essentials.
Teaching faculty matters.
Their real-world business experience and expertise is
demonstrated not only in the classroom, but by the
business cases they write, and the research they do
with organizations. Ivey faculty will get to know you as
an individual, and they are highly committed to your
success. They love teaching, and it shows.
10 / Ivey MBA
Ivey’s five
Leadership
Essentials.
LEADERSHIP ESSENTIALS
The Ivey MBA opens your mind to how
the business world really works and
prepares you to take challenges head-on.
Develop Leadership Essentials
With a focus on experiential learning,
you will accelerate your leadership
capabilities. We call these five capabilities
the Ivey Leadership Essentials. They are
at the core of everything we do.
The five interlinked Leadership
Essentials give you not just the business
fundamentals that you would expect
from an MBA program, but also the
leadership capabilities required to turn
concepts into decisions, knowledge into
action, and ideas into change.
Leadership
Essentials
Take action
Knowledge is a
commodity. Today,
leadership is about
applying your
learning effectively.
At Ivey, you’ll gain the
confidence to turn
knowledge
into action.
Communicate persuasively
Effective communication isn’t about
winning. It’s about sharing your ideas
persuasively in the classroom, in teams,
and ultimately in the boardroom. At Ivey,
you are coached in your communication
effectiveness, your skills honed to the
place where you can communicate
effectively in any circumstance.
Leverage team talent
The strength of a leader is in knowing
your weaknesses. Through hundreds of
cases, you’ll learn how to approach difficult
problems with confidence, work effectively
with people of diverse perspectives and
skills, and solve problems by effectively
engaging your team.
Manage priorities
Great leaders must
be able to focus their
organizations on what
matters now in the midst
of competing choices.
Ivey’s experiential
learning, challenging
program, and demanding
schedule teach you
to navigate these
competing priorities for
the best outcomes.
Embrace complexity
A business case is real, complex, and
challenging. It doesn’t come in the
textbook titled Marketing or Finance.
A case study puts you in the position
of decision-maker, and demands you
understand how to manage the details
to get to the right solution.
12 / Ivey MBA
YOUR FIRST CASE
With more than 4.5 million listings in more
than 65,000 cities and 121 countries, Airbnb
is a household name, synonymous with
unique and affordable accommodation
offering “authentic experiences” from local
hosts. And it all began with one listing:
from their small apartment offering three
airbeds, founders Brian Chesky and Joe
Gebbia began in earnest in 2007 to develop
a new business model in short-term rentals.
This case study profiles the startup from
its inception to its rise in the mid-2010s, as
Airbnb took the leap from small upstart in
a highly competitive market to visionary
leader, fending off competition with
innovative approaches to marketing, social
media, and stakeholder engagement.
Your first case.
Ivey faculty use cases to expand
your perspective on the way
issues impact an organization
by using cross-teaching and
an integrated approach to
curriculum planning. Students
prepare for class by reading the
case and answering a series
of questions. The real learning
begins in the classroom where
the professor acts as a conductor
facilitating the discussion. You
can experience a real Ivey case
study with this Airbnb case.
9B16M186
AIRBNB: BUSINESS MODEL DEVELOPMENT AND FUTURE
CHALLENGES1
Sayan Chatterjee wrote this case solely to provide material for class discussion. The author does not intend to illustrate either effective
or ineffective handling of a managerial situation. The author may have disguised certain names and other identifying information to
protect confidentiality.
Copyright © 2016, Richard Ivey School of Business Foundation Version: 2016-11-24
In 2007, Brian Chesky and Joe Gebbia founded Airbnb. Chesky and Gebbia had met several years earlier
as students at the Rhode Island School of Design. After initially working in Los Angeles after graduation,
Chesky decided to move to San Francisco, where Gebbia was living. The two shared an apartment but were
struggling to pay their rent. While brainstorming ideas to earn more money, they came up with the idea to
rent out the three airbeds they had available. There was an upcoming design conference in their
neighbourhood, and all of the nearby hotels were sold out. They set up a quick website to advertise their
offer for an overnight stay on an airbed in their apartment, along with breakfast in the morning. One would
normally expect to find a few younger 20-somethings who might be interested in sleeping on someone’s
couch during the conference. However, the three people who stayed with them were a 45-year-old father
of five from Utah, a 35-year-old woman from Boston, and a man from India. Given the interest in their
apartment airbeds from a wide variety of people, Chesky and Gebbia decided to expand their small idea
and Airbnb was formed. Engineer Nathan Blecharczyk was added as the third co-founder.
2
From this serendipitous beginning, Airbnb grew into a business that spanned 16 countries and was valued
at $10 billion3 in the most recent round of financing in 2014. However, as of early 2014, its business model
had hit a major road bump. At the request of the State of New York attorney general, Airbnb was forced to
hand over anonymous listing information of hosts who rented out apartments in New York City. While the
listings were anonymous, the attorney general was determined to subpoena some of the hosts that might
have violated a New York law that prohibited any private rentals under 30 days where the host was not
present.4 This caused some consternation among hosts based in New York, and some pulled their listings.
The founders had to evaluate if these short-term rentals in large cities, which drove the majority of their
rentals, had suddenly become vulnerable. They also had to decide whether to defend their business model
in a court of law and in the court of public opinion, or change it.5
CONFERENCE PUSH
For the first year of its existence, Airbnb needed to focus entirely on the gaps between the number of
available hotel rooms and conference attendance. The founders did not seek out hosts that listed their
properties in perpetuity but instead focused on conferences and, later on, other events. The first major
conference they targeted was the 2008 South by Southwest conference and festival in Austin, Texas. To
help market the site and garner interest in Austin, they executed an online public relations campaign.
Because they had no budget to advertise, they relied on getting coverage from various blogs. They initially
Read the full case
14 / Ivey MBA
Our small class size, non-commuter campus, and close-knit
community provides the basis for an exceptional MBA experience.
And because Ivey attracts some of the most talented young
professionals from all over the globe, with diverse cultural and
business backgrounds, the Ivey MBA classroom consistently raises
the bar for its learning environment.
The shared experience you’ll have with your Ivey classmates
creates the foundation for a lifetime of personal and professional
connections you’ll cherish.
.
STUDENT LIFE
Becoming an
Ivey MBA student
means immersing
yourself in a unique
environment that
is friendly, spirited,
supportive,
and unforgettable.
Christina
– Christina Rupsingh, MBA ’16
Senior Manager, Insight and Thought Leadership,
Future of Work, RBC
“Ivey’s class sizes are considerably smaller than other
MBA programs, which meant I knew every single one
of my classmates on a first-name basis. Also, since Ivey
isn’t a commuter school, you get the time to develop
great friendships with your classmates.”
A LIFE-LONG
CONNECTION.
A SHARED
EXPERIENCE.
16 / Ivey MBA
IVEY NETWORK
“The Ivey Network brings enormous
value to your career. Not only will you
be part of the Ivey family, but you’ll
also learn how to network, a valuable
skill that often gets overlooked.”
Erik
– Erik Lapointe, MBA ’17
Chief Commercial Officer,
Tidal Health Solutions
The Ivey Network.
A lifelong connection.
The word Ivey alumni hear most is “yes.” Yes to discussing an
opportunity. Yes to giving advice. Yes to networking with other grads.
Ivey alumni have a habit of saying and hearing “yes” because there
is a strong culture of giving back and paying it forward throughout
the Ivey community. Our grads value the Ivey difference. Regardless
of graduation year, the shared Ivey experience is a connection that
sticks with you throughout your career. With an Ivey MBA, you will
have a network that will last a lifetime.
18 / Ivey MBA
#13
in the world for
networking*
* 13=, Bloomberg Businessweek Best B-Schools Global Ranking 2022-23
Reputation
matters.
“Ivey’s reputation as the number one
business school in Canada was a
key factor in choosing my MBA.”
Maksym
– Maksym Levytskyy, MBA
’19
Director of Investments,
Clarke Inc.
BY THE NUMBERS
20 / Ivey MBA
Ivey’s ranking
#1
among Canadian
MBA programs for
7 years.*
of Ivey MBA grads made at
89%
least one career transition
(Change in industry,
function, or geography).
#1
in Canada for student
assessment of career
services.
†
in Canada for
employment rate
3 months after the
program.
‡
in the world for student
rating for education
experience for
4 years in a row.
‡
10
TOP
#1
‡ The Economist Full-time MBA Ranking 2021 †
Financial Times Global MBA Ranking 2022
* Bloomberg Businessweek MBA Ranking 2014-2019, 2022
#1
program in Canada for
value of money.
†
ONE YEAR
The Ivey MBA –
Year at a glance.
Preparatory
Knowledge Program
To make sure you get the most out
of your MBA class time, we provide
optional courses before the official
program work begins.
These courses are a great way
to refresh your knowledge of
business basics, reacquaint
yourself with a school routine,
and get to know some
of your classmates.
Business
Essentials
Your transformational year
begins in the spring. To ensure
you have a solid foundation in
the core subjects, the first four
months of the Ivey MBA Program
consist of courses including
Strategy, Leadership, Finance,
Accounting, Information Systems,
Operations, Marketing, Analytics,
Communications, and Economics.
View courses
Leading
Cross-Enterprise
This capstone module pulls together
everything you’ve learned and
connects it to today’s real-world
leadership challenges.
You’ll examine some of the “big”
questions like “Who leads best and
how do they do it?;” “How are great
leaders developed?;” and “What are
some of the major forces and trends
that will affect business in the
21st century?”
Real-World
Projects
Put your learning to the test
when you participate in the Ivey
Field Project. You can choose to
develop a new venture or work
with an existing organization to
develop new business solutions.
Career-Focused
Electives
Our elective courses are
designed to support your
career goals and satisfy
your professional and
personal interests.
Learn more
International
Experiences
Participate in an optional study trip
to Asia and Latin America as part of
the elective cycle. You can also
pursue volunteer opportunities
through The LEADER Project where
you will coach promising
entrepreneurs in frontier markets.
If you want to experience an
international study exchange, you
can take advantage of this in the final
semester. This is a great opportunity
to immerse yourself fully in another
culture and to expand your
global network.
MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB
YEAR AT A GLANCE
22 / Ivey MBA
There are three qualities that we look at first when considering
prospective students for an Ivey MBA.
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, and can bring that into the Ivey classroom.
Strong Academic Record: Our assessment of this is based
on your academic history in combination with your GMAT
or GRE score.
Progressive Work Experience: At least two years of quality, 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.
Ready to
get started?
“The Ivey MBA is a fantastic program and
if it is the program for you, make sure you
come in motivated and ready. It is a very
rewarding experience.”
Kanwar
– Kanwar Randhawa, MBA ’17
Director, Enterprise Strategy,
RBC
GETTING STARTED
“We are committed to help you in any way
we can so that you can make a decision that
is best for you and your career. Please feel
free to contact us at any time if you have
questions about the Ivey MBA Program or
MBA programs in general.”
J.D.
– John-Derek (J.D.) Clarke, MBA
Executive Director, Masters Programs
Recruitment and Admissions,
Ivey Business School at Western University
24 / Ivey MBA
Take note
GETTING STARTED
Our recruitment and admissions team’s job is to
help answer any questions that you might have as
you navigate your MBA research and, in particular,
any specific inquiries you have about the Ivey
program or application. Contact a recruiter today!
Contact Info
Lindsay Lippmann
Associate Director, FT MBA Recruiting & Admissions
llippmann@ivey.ca
linkedin.com/in/lindsaylippmann
Aimee Froude
Associate Director, FT MBA Recruiting & Admissions
afroude@ivey.ca
linkedin.com/in/aimeefroude
Anna Creery
Associate Director, FT MBA Recruiting & Admissions
acreery@ivey.ca
linkedin.com/in/annacreery
26 / Ivey MBA
NOTES
For more
information:
Ivey Business School
Western University
1255 Western Road
London, Ontario, Canada
N6G 0N1
Telephone: +1.519.661.3212
Toll free: 1.866.878.4839
Fax: +1.519.661.3431
mba@ivey.ca
iveymba.ca
Visit: iveymba.ca
Profile assessment: go.ivey.ca/resume
Attend an event – online and in person: go.ivey.ca/events
The Ivey MBA is a one-year, full-time MBA program
beginning each March in London, Ontario, Canada.
• Located between Toronto and Detroit
(approx. 200 km from each)
• City population of 400,787
• Western University and student population is 40,000 with
more than 5,800 international students from 128 countries
12-MONTH PROGRAM STARTING IN JANUARY
smithqueens.com/ftmba
Small class sizes
outstanding
faculty, state-of-the-art business
school facility
Powerful
network of
alumni in
150+ countries
Study on-campus in Kingston
at Smith School of Business at
Queen’s University – one of
in Canada
Pioneering
leadership
and team
development
programs
Be ready for fall job interviews and
among the first MBA graduates on the
market with this 12-month
January.
AN MBA UNLIKE ANY OTHER
TECHNICAL EXPERTISE + TEAM DYNAMICS + SPECIALIZATIONS +
INTERPERSONAL SKILLS + CUSTOMIZED COACHING + CAREER SUPPORT
There are a lot of MBA programs
that provide a quality business
education, but very few rival
Smith’s team-based approach,
personalized coaching, and
tight-knit culture. I really felt
I was learning something new
every day in terms of business
acumen, leadership skills
and self-discovery. I would
absolutely recommend this
program to anyone looking
for a transformative MBA
experience.”
Kim Fulton, MBA
Principal
Kearney
Toronto, ON
“
2 | FTMBA
TECHNICAL
EXPERTISE
The MBA from Smith School of Business provides
outstanding foundational management skills
including analytics, accounting, financial theory,
marketing management, information systems,
strategy and more.
In addition, Smith is the pioneer and leader in
fostering the personal and team skills necessary to
excel in business today including group dynamics,
adaptability, communications, leadership,
resilience, and cultural intelligence.
Surveys* of CEOs and corporate recruiters
underscore that it is this combination of technical
management capacity and interpersonal skills that
is most highly valued.
Take the first step and connect
with your application advisor at
smithqueens.com/ftmba
INTERPERSONAL
SKILLS
The MBA unlike any other. It delivers both the
technical expertise and the interpersonal skills
development that employers require today.
*GMAC Corporate Recruiters Surveys
THE
POWERFUL
ADVANTAGE
FTMBA | 3
The Program
Complete your MBA in 12 months and get into
the workforce with the knowledge and skills to
begin advancing your career.
The first six months is foundational curriculum covering
the core management skills required to lead in business.
In the second six months you take elective courses and can
also select an area of specialization (eg. consulting, finance,
marketing & sales, digital transformation, management
analytics, entrepreneurship & Innovation). You will earn
a supplemental certificate in the area of focus.
Substantial team and individual project assignments
allow for deep learning and practical application.
Approach
A multi-faceted approach to teaching
ensures engagement, high-value and impact.
Class instruction is balanced with group
discussion, simulations, team assignments,
and real-world business projects. In addition,
Smith’s Living Case Studies provide a unique
and modern teaching approach immersing
you in business challenges in real time.
For more about our faculty,
go to smithqueens.com/ftmba
Faculty
Smith School of Business faculty work together as
teachers, researchers, and consultants. Together they
create a tightly integrated academic plan for you.
Faculty have outstanding academic credentials and
are also best-selling authors, award-winning teachers
and editors of leading academic journals. Canadian
Business, Bloomberg BusinessWeek, and The Financial
Times have recognized Smith faculty as among the
top management educators in the world.
+ EXPERIENTIAL LEARNING
+ REAL-WORLD BUSINESS PROJECTS
+ SIMULATIONS
+ LIVING CASE STUDIES
+ CLASS INSTRUCTION & DISCUSSION
4 | FTMBA
Options
Pre-MBA Preparatory Sessions
For advance grounding in core concepts and skills,
Smith offers non-credit, one-day sessions in topics such
as Accounting, Finance and Statistics, working with
MBACase, and more.
Certificate in Social Impact
By completing certain courses and participating in key
events and volunteer activities, you can earn a Certificate
in Social Impact and demonstrate engagement in
responsible leadership.
Double-degrees
You can apply MBA credits to other degrees from Smith
School of Business and Queen’s University including
Master of Finance, Master of Management Analytics, Juris
Doctorate, and Master of Science in Healthcare Quality.
Professional Designations
You can begin earning qualifications towards the
following professional designations:
The MBA program was a life changing experience from start
to finish. The diversity of people was incredible — diversity
not only of thought, but of life experiences. Interacting with
and learning from so many unique people provides a great
base for a future career. The program jump started my career
into an exciting new path with a disruptive growth-focused
company. I truly have been overwhelmed by the opportunity
for personal and professional growth.”
Josh Tovey, MBA
Senior Operations Manager
Amazon
Raleigh, NC
“
FTMBA |
5
Team Skills
Smith School of Business pioneered the team-based
learning approach that prepares you for the reality of
today’s workplace. You are assigned a team for the core
of the program and a dedicated professional coach helps
you perform collaboratively at the highest level. You
will have many opportunities to develop your personal
leadership capacity.
Executive Coaching
Become your best self with one-on-one coaching
to maximize your effectiveness in the workplace.
Coaching is an integral part of the Smith School
of Business offering and will give you a greater
understanding of yourself, your strengths and your
weaknesses. This will have a powerful impact on your
performance and your working relationships. Coaching
covers a range of areas from conflict resolution to
anxiety management to mindfulness.
Experiential Learning
‘Learn by doing’ through participation in the TriColour
Venture Fund (TCVF), Canada’s first student-advised
venture capital fund. Students meet with potential
portfolio companies, assess the opportunities,
conduct due diligence and make recommendations
to the Investment Advisory Board - a committee of
seasoned entrepreneurs, angel investors, and venture
capitalists. Deals are syndicated in conjunction with
some of Canada’s leading venture capital companies
and angel investors.
Queen’s University Alternative Assets Fund (QUAAF)
is Canada’s first student directed portfolio of hedge
funds managing a portion of the university’s endowed
funds. Each generation of QUAAF members is
responsible for ensuring sustainable operations
and financial stewardship of the fund, providing
outstanding practical experience.
Our program is unique in its focus on
developing the ‘whole you’ to be as
successful as possible in your career.
THE SMITH
DIFFERENCE
6 | FTMBA
The MBA experience at Smith helped me further refine
the type of leader I wanted to be. It also gave me the
confidence and the tools to successfully pivot into
a completely new career that would not have been
available to me otherwise. My year was truly a lifechanging experience where I not only gained a wealth
of contacts through the alumni network, but also
made lifelong friends.”
Roxane Ducasse, MBA
Project Manager
End-to-End Supply Chain at Walmart
Mississauga, ON
Lifestyle Coaching
Prepare for the fast pace and high demands of
your business career with the optional lifestyle
coaching program Fit to Lead™ that addresses
physical, mental and emotional well-being.
Cultural IQ
In today’s diverse and global business environment,
cultural intelligence is critical. Smith has partnered
with the Cultural Intelligence Center to teach
how culture influences behavior and thought
processes, and effective strategies for managing
in a multicultural environment.
International Opportunities
Study opportunities, available at more than
30 of the world’s top business schools, provide
an exceptional experience in a region of interest
to you.
“
FTMBA |
7
Recruitment & Career Support
You want to find the job that showcases your skills and
capabilities and accelerates you on an exciting career path.
The Smith School of Business Career Advancement Centre
will work with you from the start of your MBA to identify
your passion and help you secure a great job. The Centre
maintains strong relations with outstanding organizations
across Canada and around the world, and recruiters are
regularly on campus meeting with students.
A personal Career Coach will work with you one-onone to help you prepare and manage your job search
process. Coaches have specialized experience, training
and connections in specific sectors.
“
At graduation you join a powerful network of Smith
and Queen’s alumni in more than 150 countries.
Regular events and meeting opportunities help you
build valuable connections that will last a lifetime.
Smith is also the Official National Business Education
Partner of the Canadian Olympic Committee.
Join a Powerful Alumni Network
Anything you do in life that is challenging gives you
the opportunity to grow. After retiring from the Canadian
Women’s Rugby Team, I researched potential career paths in
business which led me to Smith. I enhanced my knowledge of
business theories, concepts and skills transference and I feel
I’m better prepared to pursue a career or start a business.”
Megan Lukan, MBA
RBC Olympian
Associate Financial Advisor
Black Star Wealth
Halifax, NS
8 | FTMBA
The team-based approach to the
curriculum really excited me. For
the first six months of the program,
while you’re going through the
core foundational courses, you’re
assigned to a team. Our team was
incredibly diverse. What I thought
was really beautiful about that was
that everyone brought a unique
approach and perspective to the
problem. It was challenging at
times because you needed to find
common ground, but I think it
made the quality of the product
and the learning that much better.”
Hanif Shariff, MBA
Consultant
McKinsey & Company
Vancouver, BC
“
Smith School of Business
Smith School of Business at Queen’s University
is renowned for its excellence, innovation and
leadership in business education.
From establishing the first undergraduate business degree
a century ago to creating ground-breaking programs and
courses in emerging areas including artificial intelligence,
fintech, analytics, cultural diversity, team dynamics, social
impact and more, Smith is at the forefront of preparing
you for the business marketplace.
In addition to its rich tradition of academic and teaching
excellence, Smith is known for delivering an outstanding
learning and development experience. Small class
sizes, personal attention, individual and team coaching,
opportunities for specialization, and a deep commitment
to student success characterize the Smith experience.
Recognized as a top global program by
FTMBA | 9
I chose to pursue my MBA at Smith because
of the team-oriented curriculum, the caliber
of the alumni network, and the renowned
academic vigour of the school. I’m pleased to
say that these criteria were met and exceeded.
Prior to Smith, I was playing professional
football in the CFL and working as a project
director for a non-profit. I used the MBA as
a catalyst to make a transition that many
athletes find difficult, and with the support of
the program I was able to thrive during this
precarious time of my life.”
Andrew Lue, MBA
Consultant
Boston Consulting Group
Toronto, ON
“ Smith’s team-based approach
and small class size enabled me
to build strong relationships with
classmates. I learned something
new from teammates every day and
we helped each other to become our
best selves. The skills I gained from
the team experience allowed me to
interact and work effectively with a
diverse group of people. These skills
ultimately helped me transition
from engineering to investment
banking. I would definitely
recommend the program.”
Lina Yang, MBA
Senior Financial Analyst
Teck Resources Limited
Vancouver, BC
“
10 | FTMBA
Canada is a thriving and welcoming
environment for business students. It was
ranked #1 for Best Quality of Life (2020, U.S.
News & World Report) citing its economic and
political stability, strong job market, diversity,
quality of education system, and safety.
Kingston is a dynamic small city
with great amenities, resources,
events and attractions.
Smith attracts students from more than
40 countries including full-time, exchange
and international double-degree students.
Our Application Advisors can assist you in
understanding requirements for studying
in Canada.
For current and future events,
go to visitkingston.ca
and kingstoncanada.com
Studying in Canada
FTMBA | 11
GLOBAL
PERSPECTIVE
We prepare you to thrive in an increasingly global business environment
— through Cultural IQ, an exchange opportunity and a global alumni
network. Typically more than 40 per cent of your MBA classmates will
come from outside Canada. Expand your perspective and build strong
connections as you work in class, in teams, and on projects.
Cultural IQ
Smith School of Business has partnered
with the Cultural Intelligence Center to
help our MBA students strengthen their
Cultural IQ, which assesses your ability
to relate and work effectively in diverse
situations. Learn how culture influences
behaviour and thought processes, and
gain effective strategies for managing in
a multicultural environment.
International Alumni Network
On graduation become part
of the powerful Smith School
of Business and Queen’s
University alumni network in
more than 150 countries.
Outside Front
FTMBA | 13
ARGENTINA Buenos Aires Torcuato Di Tella University,
Di Tella Business School
AUSTRALIA Brisbane Queensland University
of Technology
AUSTRIA Vienna WU, Vienna University of
Economics and Business
BELGIUM Brussels Solvay Brussels School of
Economics & Management
BRAZIL São Paulo FGV EAESP, São Paulo School
of Business Administration
CHINA
Beijing
Cheung Kong Graduate
School of Business
Peking University, Guanghua
School of Management
Tsinghua University, School of
Economics and Management
Shanghai
China Europe International
Business School (CEIBS)
Fudan University, School
of Management
Shanghai Jiao Tong
University, Antai College of
Economics & Management
Shanghai Jiao Tong University,
Shanghai Advanced
Institute of Finance
Tongji University, School of
Economics & Management
DENMARK Copenhagen Copenhagen Business School
FINLAND Mikkeli Aalto University,
School of Business
FRANCE
CergyPontoise ESSEC Business School
Lyon EMLYON Business School
GERMANY
Leipzig HHL Leipzig Graduate
School of Management
Mannheim University of Mannheim,
Business School
Vallendar WHU — Otto Beisheim
School of Management
HUNGARY Budapest
Corvinus University
of Budapest, Corvinus
Business School
INDIA
Bangalore Indian Institute of
Management Bangalore
Ghaziabad Institute of Management
Technology, Ghaziabad
Hyderabad Indian School of Business
ITALY Milan Università Bocconi
JAPAN
Nagoya Nagoya University of
Commerce & Business
Tokyo Waseda University,
Faculty of Commerce
MEXICO Mexico City Universidad Panamerica,
IPADE Business School
NETHERLANDS Rotterdam Erasmus University, Rotterdam
School of Management
NORWAY Bergen NHH Norwegian School
of Economics
RUSSIA St. Petersburg
St. Petersburg University,
Graduate School of
Management
SINGAPORE Singapore
National University
of Singapore, NUS
Business School
SOUTH AFRICA Bellville University of Stellenbosch
Business School
SWEDEN Stockholm Stockholm School
of Economics
SWITZERLAND St. Gallen University of St. Gallen
THAILAND Bangkok
Chulalongkorn University,
Faculty of Commerce
and Accountancy
UNITED
KINGDOM
Birmingham Aston University, Aston
Business School
London London Business School
International Exchange
Smith’s MBA program offers exchanges at more than 35
partner business schools around the world. Through this
extensive international partnership network, there are
enough places for every MBA student to participate in a
short or long-term exchange.*
Inside Back
Inside Front
*Seats at individual exchange partners cannot be guaranteed.
FTMBA | 14
CLASS AND CAREER
.
Outside Front
Accelerating Your Career
Our faculty, staff, coaches and Career Advancement Centre team work
closely with you to help you find the post-graduation job that showcases
your skills and capabilities, and accelerates your career.
$120,852 CAD
average total compensation
accepted a job offer within
3 months of graduation 98% (100% reporting rate)
Class of 2021
FTMBA | 15
Class Profile
59%
male 40%
female
Sample of Companies that Hire Our MBAs
36% Financial Services
26% Consulting
Technology 13%
Healthcare 6%
Retail 5%
Consumer Goods 4%
Government 2%
Non-Profit 2%
Real Estate 2%
Telecommunications 1%
Marketing Services 1%
Other 2%
Employment by Industry
Class of 2023
Class of 2021
CONSULTING
• A.T. Kearney
• Accenture
• Boston Consulting Group
• Capgemini
• Deloitte
• EY
• KPMG
• McKinsey & Company
• PricewaterhouseCoopers
CONSUMER PACKAGED
GOODS/FOOD/
PHARMACEUTICAL
• Johnson & Johnson
• McCain
• Maple Leaf Foods
• Molson Coors
• PepsiCo
• Pfizer
• Reckitt Benckiser
• Unilever
TECHNOLOGY &
COMMUNICATIONS
• Amazon
• Adobe
• Bell
• Google
• IBM
• Microsoft
• Rogers
• Telus
• Uber
• Xerox
ENTERTAINMENT/
MEDIA/ INFORMATION
• Disney
• Nielsen
INVESTMENT &
FINANCIAL SERVICES
• Bank of America
Merrill Lynch
• BMO
• Brookfield Financial
• Capital One
• CIBC
• CPPIB
• Credit Suisse
• Dundee Capital Markets
• Equitable Bank
• HBC
• Mackenzie Investments
• Macquarie Group
• Manulife
• National Bank
• RBC
• Scotiabank
• Sun Life Financial
• Travelers
• TD Bank
• Waterton Global
Resource Management
CONSTRUCTION/
INFRASTRUCTURE/
REAL ESTATE
• Aecon
• Cadillac Fairview
• Emma Capital
• Oxford Properties
MANUFACTURING/
INDUSTRIAL/ CHEMICAL/
ELECTRONICS
• DuPont
• Dow Chemical
• GE
• Honeywell
• Tenaris
• Texas Instruments
ENERGY & RESOURCES
• Atomic Energy of Canada
• Haliburton
• Imperial Oil
• Shell
• Suncor
• Teck Resources
• TransCanada
LUXURY GOODS
• Christian Dior
HEALTHCARE
• Hamilton Health Sciences
• Harvard Medical School
• Health Canada
• Heart & Stroke
• The Hospital for
Sick Children
• John Hopkins University
• University Health Network
RETAIL
• Canadian Tire
• Indigo
• Loblaw
• Staples
• Tim Hortons
• Walmart
We’ll Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process, during
the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
Inside Back
Inside Front
average base salary
delta vs. pre-MBA job
of grads made at least
one career transition
(industry, function or city)
69% 93%
4.2
average years of
work experience
78
students
28
average age
The Full-time MBA has deliberately small class sizes and diverse student
backgrounds which make for an outstanding learning experience.
From countries including: Bangladesh,
Bulgaria, Cameroon, Canada, China, Costa
Rica, India, Ireland, Kenya, Lebanon, Mexico,
Nigeria, Pakistan, Peru, Philippines, Portugal,
Serbia, Turkey, and USA.
Academic backgrounds include arts, business,
economics, engineering, healthcare, law,
sciences, technology, and more.
58%
Canadian
students
42%
International
students
1%
non-binary
FTMBA | 16
CURRICULUM
Complete your MBA in 12 months and re-enter the workforce
with the knowledge and skills to begin advancing your career.
Our modern curriculum features relevant courses that align
with employer needs. Through specializations including Digital
Transformation and Management Analytics, you will gain a broad
understanding of the global business environment and be equipped to
handle today’s business challenges. Our integrated approach to teaching
encompasses a variety of methodologies. This will allow you to develop
a full understanding of business functions applicable to any industry.
There are two modules: the Foundations Level, which provides an
overview of business fundamentals; and Mastery Level, which enables
you to choose an area of interest.
Upon completion of the MBA, you may then choose to advance to
the Expert level by pursuing a second Master’s degree in this area
of specialization.
Outside Front
FTMBA | 17
Business
Fundamentals
Career
Concentrated
Electives
Business Pre-MBA
Preparatory Sessions
Expert Level:
Double-degrees
Smith offers optional non-credit, one-day sessions in topics such as Accounting,
Finance and Statistics, case preparation, and more.
The Expert Level enables you to apply some of your MBA credits to a second Master’s degree.
Currently there are five options:
• Master of Finance
• Master of Management Analytics
• Juris Doctorate
• Master of Science in Healthcare Quality
• Master of Management in Artificial Intelligence
There are multiple ways to pursue a second degree.
Foundational curriculum covering the core management skills required to lead in business.
Take eight elective courses and an optional
area of specialization. Earn a supplemental
certificate in that area of focus.
Substantial team and individual project
assignments allow for deep learning and
practical application.
Specializations are offered in the areas
of highest demand such as:
• Consulting
• Finance
• Marketing and Sales
• Entrepreneurship and Innovation
• Management Analytics
• Digital Transformation
• Business Analytics
• Business and Corporate Strategy
• Business, Government and the Global Economy
• Economics and Industry Analysis
• Finance Fundamentals
• Financial Accounting
• Introduction to Digital Business
• Leading with Integrity
• Managing Human Capital
• Marketing Fundamentals
• Negotiations & Conflict Management
• Operations and Supply Chain Management
• Professional Communication Skills
• Integrated Team Project*
JUL
JAN
FEB
MAR
APR
MAY
JUN
AUG
SEP
OCT
NOV
DEC
Inside Back
Inside Front
* Our project based courses offer a unique opportunity to work with Small to Medium Size
Enterprises (SME) and put into practice what you are learning throughout the program.
NEW
ELECTIVES
• Advanced Portfolio
Management
• Analytical Decision Making
• Consumer Focused Marketing
• Corporate Valuation &
Mergers and Acquisitions
• Creating & Executing
Market-Based Strategy
• Decision-making
in Competitive
Environments NEW
• Digital Execution NEW
• Digital Transformation NEW
• Diversity and Inclusion
in Organizations NEW
• Dynamic Strategy Analysis NEW
• Finance Strategy
• Financing of New Ventures
• Global Strategy
• Management Accounting
• Managing Agile Projects
• New Venture Management
• Organizational Intelligence
& Strategy NEW
• Pricing Analytics
• Risk Management
• Sales Management
• Strategic Problem Solving
& Insights NEW
• Strategic Service Operations
• Strategy Implementation
& Change
• Topics in Analytics NEW
• Tri-Colour Venture Fund
• Individual Project (mandatory)*
FTMBA | 18
Let Us Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process,
during the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada, K7L 3N6
Toll-free: 1.888.393.2622
PROFESSIONAL DESIGNATIONS
While completing your MBA at Smith, you
can begin a professional designation:
Options
CERTIFICATE IN SOCIAL IMPACT
Participating students have an opportunity to augment
their degree with exposure to the dynamic world of social
impact — exploring areas such as sustainability, social
finance, social innovation, social entrepreneurship, and
values-based leadership. By completing certain courses
and participating in key events and volunteer activities,
you can earn a Certificate in Social Impact.
FTMBA | 19
ADMISSIONS
We are looking for exceptionally talented and motivated individuals.
Academic strength, career progress, leadership potential, and strong
interpersonal and communications capacity are just some of the
characteristics we are seeking for Smith’s MBA Class of 2024.
Successful applicants will typically meet the following requirements:
• A four-year (or international equivalent) undergraduate
degree from a recognized university;
• Two years relevant work experience;
• An acceptable and complete GMAT or GRE score;
• If applicable, an acceptable score on an approved English
proficiency test (TOEFL, IELTS, PTE, or MELAB);
• Two professional references; and
• Completion of two video questions and one written response.
In compelling cases, exceptions may apply. Candidates who meet the
core requirements may be invited for an admissions interview.
FTMBA | 20
Fees and Scholarships
The MBA fee includes program enrollment,
all books, case materials and other
instructional supplies, events like case
competitions, career related non-academic
events, and executive coaching.
The fees for Class of 2024 (starting January
2023) are $83,444 CAD for domestic and
$104,100 CAD for international students.*
All qualified candidates who submit a
completed admissions application will be
automatically considered for a number of
entrance scholarships.
There is no application fee.
The Time is Now
Admission to the Smith MBA
is competitive. Applicants are
encouraged to apply early as space
and academic scholarships are limited.
Complete applications are reviewed
immediately upon receipt and
admissions decisions are rendered
after references are checked.
Key Program Dates
• Classes start — January
• Early round major scholarship
decisions — May 1
• International application
deadline — September 1
• Late round major scholarship
decisions — October 1
Let Us Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process, during
the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada, K7L 3N6
Toll-free: 1.888.393.2622
A22.0043
Financing
Domestic students
Smith School of Business has partnered with
RBC to offer a student line of credit tailored
to your needs.
Those accepted into the Full-time MBA
Program can now apply for the Ontario
Student Assistance Program (OSAP).
Visit smithqueens.com/ftmba for detailed information
on fees, scholarships and financing options.
*Fees are subject to final approval from the Queen’s Board of Trustees
FTMBA | 21
At Smith School of Business
we provide a highly personalized
experience from initial inquiry,
through the admission process,
during the program, and after
graduation.
From the start we will work with you to
assess your fit for the program and help
you apply for admission. We’re looking
for outstanding individuals with stellar
academic capacity, a great work ethic,
the ability to work effectively in teams
and strong interpersonal skills.
For more information on
the admission process
and requirements go to
smithqueens.com/ftmba
LET US
HELP
YOU GET
STARTED
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada K7L 3N6
Toll-free: 1.844.533.1651
smithqueens.com/ftmba
A21.0064 Information in this brochure is accurate at time of publication.
The Montreal advantage
• Top 5 Best student cities in the world
(QS Best student cities ranking)
• #1 Safest city in North America
(Statistics Canada)
• #1 Most affordable major city in Canada
and the U.S. (UBS Prices and earnings, 2018)
Bienvenue à Montréal!
Montreal consistently ranks as one of the world’s
best student cities. Safe, clean and cosmopolitan,
it offers a high quality of living at a low cost. In
an affordable city with a vibrant atmosphere,
Montrealers thrive on great food and culture,
getting around by using its world-class cycling and
public transportation infrastructure.
Located in the vibrant heart of downtown
Montreal, Concordia University’s John Molson
School of Business is one of Canada’s leading
business schools.
Practical. Flexible. Experiential
The John Molson MBA is a practical program
in every possible way. We look at management
practices from a holistic and interdisciplinary
perspective. Our flexible program allows you
to create a schedule that fits your life while
you acquire the comprehensive skills employers
want through our case-based and experiential
learning approach.
MBA 650
Crafting and Implementing Successful Strategies
MBA 647
Managing People
in
Organizations
MBA 648
Business Process
Management
MBA 649
Strategic
Managerial
Accounting and
Control
MBA 643
Managerial
Analytics
MBA 644
Marketing
Management
MBA 645
Economics
for
Organizational
Decision
Making
MBA 646
Financial
Management
MBA 642
Financial Reporting for Responsible Decision Making
MBA 641
Responsible Manager
MBA 640
On Ramp (no credit)
Class profile
Designed as a two-year, 45-credit
program, the John Molson MBA may be
completed in as little as 16 months by
taking summer classes. It covers a wide
array of business topics to strengthen
your strategic decision-making and critical
thinking abilities.
On-ramp
Comprised of several quantitative
modules, this online course will give you
invaluable tools to prepare for the rest of
the MBA program.
Core (30 credits)
Our case-format core begins with an
overview of ethics, sustainability, and
the role of organizations in society. You
will then develop the practical expertise
needed to manage specific business areas
and finally apply it to cross-functional
business problems.
Join a diverse network
Expand your network and learn from
students who come from all over the
world, bringing together a diverse range
of backgrounds. Our small class size allows
for close-knit interactions with your peers.
Seize the opportunity to gain practical skills while earning credits toward your degree. The hands-on
experience, practical knowledge and network developed through these options add tremendous value to
your profile. Personalize your experience by tailoring the program according to your interests, motivation
and career goals.
Electives (15 credits)
Compete Experience Explore
ICOP Social Business
Case Competition
Live Case Challenge
MBA Case Competition Organizer
and Participant
MBA International Case
Competition Executive
Van Berkom Small-cap Investment
Case Competition
CEO shadowing
Co-op paid internship
Concordia Small Business
Consulting Bureau
Community Service
Initiative
Van Berkom Investment
Management Program
International exchange
Business research paper
Elective courses in:
• Accounting
• Business Technology
Management
• Data Analytics
(SAS certification available)
• Finance
• Management
• Marketing
• Supply Chain Management
• Surgical Innovation
CEO shadowing Unique to JMSB is the opportunity to learn to lead by shadowing a top executive. This special feature of the Co-op paid
internship program allows MBA students to work alongside the CEO of a small or medium-sized enterprise for up to 15 weeks.
Tap to learn more
Continue developing your skills and leadership style
by getting involved outside of the classroom. Every
year, our students participate in a wide array of case
competitions, community initiatives and networking
activities, taking their education and careers to the
next level by applying what they have learned in a
practical way. Getting involved in extra-curricular
activities is an excellent way to set yourself apart
while making connections that will last a lifetime.
• International Community Outreach Program
• John Molson Graduate Student Association
Speaker Series
• John Molson Entrepreneurship Club
• John Molson Graduates Investment Club
• John Molson Sustainable Business Group
• John Molson Women in Business Club
• MBA Case Competition Committee
• MBA Society
• Briscoe Business Ownership Club
• John Molson Project Management Club
Experiential learning was the highlight
of my MBA. Case competitions exposed
the intricacies of a wide range of industries
and inspired me to pursue a career in
sustainable investing. Many opportunities
and important insights arose out of my
involvement and I feel privileged to be a
part of the JMSB community.
Winnie Hu (MBA’19)
Get involved as an organizer or compete against
the world’s very best teams. Open to top business
schools worldwide, the John Molson MBA
International Case Competition is recognized
as the largest case competition of its kind. Our
annual, not-for-profit event welcomes 36 teams
from universities across the globe for a weeklong competition at the start of January and is
organized by a team of MBA students.
As part of the John Molson International
Case Competition, I gained access to
incredible mentorship from a board of
directors composed of C-Level executives.
Their advice and outlook on the challenges
we faced as a team had a huge impact on
my professional development. It was also
through ICC that I built my strongest and
most lasting friendships in the MBA.
Evan Baker (MBA’20)
Tap to learn more
Dedicated to your success, Career Management
Services supports all students and alumni in their
professional endeavours and provides relevant
resources to help you reach your career goals.
• Personalized support for résumé and cover
letter writing, job search, interview preparation,
job offer negotiation, LinkedIn / digital brand
management and dining etiquette.
• Graduate Student Elevator-Pitch Day
• C-RISE program for international students
(career seminars, networking events, etc.)
Yingying Zhang, Bombardier
(Strategy Intern), Montreal
Sample of employers who recruit JMSB graduates
Karolyne Courville, Deloitte
(Consultant), Montreal
Sapandeep Singh Randhawa, CIBC
(Associate, GLDP) Toronto
Tap to learn more
“The John Molson School of
Business allowed me to meet
and work with high-achieving,
motivated individuals of
the highest caliber, who
pushed me to better myself
and strive for excellence.
The experiential learning
opportunities provided by
the MBA program were key
to my personal and
professional growth.”
– Paola Sunye
An MBA is a significant financial and time investment,
which is why it is important to find the right fit to
achieve your personal and professional goals. At JMSB,
we take a holistic approach to admissions and assess you
based on your work experience, intellectual abilities,
leadership potential and communications skills.
Tuition fee*:
$6,000
(Canadians / Permanent
Residents - Quebec)
$14,000
(Canadians / Permanent
Residents – other)
$40,000
(International)
*Approximate total tuition. Merit-based scholarships are available to candidates applying by March 1.
What you need to apply:
Transcripts of
undergraduate degree
3.0+ GPA
GMAT
580+
TOEFL / IELTS*
95 / 7.0
CV / Resume
Required:
2+ years
of relevant working
experience
Statement of purpose
(500 words)
3
letters
of reference
Video interview
More questions?
Connect with
a recruiter!
gradadvisor.jmsb@concordia.ca
514-848-2424, ext. 2716
Application deadlines
September admission
March 1 Round 1 – International & Scholarships
May 1 Round 2
June 1 Round 3 – Canadian / Permanent Residents
January admission
June 1 Round 1 – International
October 1 Round 2 – Canadian / Permanent Residents
Tap to learn more
1450 Guy Street
MB 6.201 (6th Floor)
Montreal, Quebec H3H 0A1
Email: gradadvisor.jmsb@concordia.ca
CONCORDIA.CA/MBA
T20-62246
Executive MBA Global
Creating a business case for company sponsorship
A. Introduction
B. Return on Investment
B.1. Key programme features
B.2. Programme structure
B.3. Recommendation
C. Asking for employer support
D. Contacts
A. Introduction
A significant number of EMBA Global students, more than 40%, are able to secure at least
some kind of financial support from their employer for their studies. The EMBA Global is
jointly developed by London Business School and Columbia Business School to inspire and
cultivate entrepreneurial thinking and a truly global perspective. This programme is thus a
particularly attractive option for sponsoring organisations since employees will have the
opportunity to study and network in two incredibly dynamic cities - London, New York, - and
study part-time to bring knowledge and perspectives from the programme and their fellow
students back to their workplace.
Drawing on the experience of past students who have secured sponsorship, from blue-chip
banks, SMEs and the public sector, we have compiled this guide to help you create a business
case to present to your organisation. Feedback from our students suggests that creating a
coherent and compelling business case is a pivotal tool when approaching any organisation
for sponsorship.
One EMBA Global alumnus, Chairman at an IT company in London, mentions how
receiving company sponsorship to study the EMBA Global benefited both him and his
employer:
“From the classroom, I developed new techniques in decision-making, leadership development
and strategic management, and my company benefited a lot from the infusion of new ideas.
They were surprised at how practical the knowledge is. Personally, I am grateful and proud
that I was offered the opportunity to join the programme. I consider this to be a privilege – a
great experience, which certainly changed my life."
Many companies, when approached with such a request may be asking, ‘why should we make
this investment?’ and ‘what’s in it for us?’ This guide can help you answer these questions
and clearly convey the benefits an EMBA Global from London Business School and Columbia
Business School can provide to you and your organisation.
We hope the following provides a useful framework upon which to build a solid case. There
is no guaranteed success, but thorough preparation and perseverance has paid dividends for
our sponsored students.
We hope you are successful!
B. Return on investment
Make sure you clearly articulate to your Line Manager your expected benefits to the company.
Define measurements to assess how your contribution will increase during or after the
programme in terms of skills and knowledge acquired, that will benefit both the organisation
and you as an individual.
It’s important to highlight that the EMBA Global at London Business School and Columbia
Business School is a part-time Executive MBA programme designed for dynamic professionals
who have global responsibilities and a minimum of 5 years of managerial experience. This
gives you a genuine edge and enables you to improve your workplace performance from day
one as you apply each new classroom concept with direct relevance to you and your
organisation. Whether your goal is to keep your career on the fast-track, or you are
looking to move from a specialist role into general management, EMBA Global can offer
you the knowledge and networks to achieve your goals, by equipping you with insights,
confidence, and innovative international business practices to operate successfully anywhere
in the world.
On the curriculum side, there is an emphasis on big picture business skills. The courses
will enable you to build a strong base of knowledge in all areas of general management
and develop the leadership skills that will set you apart throughout your career. For example,
the Leadership and Organisational Change core course offers you practical tools in order
to improve your ability to influence, negotiate, and lead changes in your organisation. Core
courses and electives can be taken in London, New York, or Dubai, and they are
respectively offered by London Business School and Columbia Business School.
An EMBA-Global alumnus, Head of Saving Banks at a commercial bank in Germany, mentions
how the electives practically helped him solve issues at work:
"Many of the electives, such as Managing Corporate Turnarounds, cover real life experiences,
which directly address new challenges I face developing my business unit. The electives are
often ‘turbocharged’ with cases presented by the people who made the turnaround possible,
which makes the class even more interesting. Another example of a particularly relevant
elective would be Behavioural Finance, analysing fundamental market insight and collapsed
market participants that do not fit into classical descriptions."
To conclude, it is significant to pinpoint the overall benefits for your organisation of
establishing links with London Business School. As their ambassador on campus, you can be
the bridge linking your organisation to world-class faculty, major global events and the global
alumni network.
B.1. Key programme features
Once you have defined the business need, the next step is to conduct your analysis. Support
your choice of programme by identifying the most relevant components to your organisation.
• Company project
The company project is done in co-operation with your employer and supervised by a member
of faculty, and is normally based on a company-specific issue. In general, project work will be
linked to your workplace, and will be of benefit not only to you, but also to your department
and organisation as a whole. The project and corresponding management report can be
discussed with Senior Managers and can be tailor-made to reflect strategic areas currently
needing analysis in your business. Additionally, the report can be used as a launchpad to
pursue areas of interest within your organisation, and explore areas that you would be
interested in working in afterwards.
This confidential report could give your organisation access to some of the best faculty in the
world to resolve or support any issues raised. Potential project topics might include:
- launching a learning and teaching platform
- private equity proposition for residential real estate investments
- improving CLV through data analytics
- investment strategy in emerging markets
- marketing plan for a niche online venture
• International Assignment and seminar
An exciting part of the EMBA Global programme is the international assignments and
seminars. They will give you the opportunity to broaden your global perspective by working
within real organisations and meeting senior industry leaders, in a choice of international
locations. Accompanied by a member of faculty and working in small teams, you spend a week
working closely with an organisation on a real business project and gain fresh insight into
international business practices. The range of week-long, faculty-led international
assignments and seminars has included:
- an economics assignment in China and South America
- a business development project in Moscow
- a cultural change project in South Africa
- an innovation and adaptation project in India
- a brand management project in Germany
As well as developing your global perspective in a key international business location,
international assignments and seminars also give you the opportunity to broaden your
network. You will travel and work alongside students from other Executive MBA programmes
at London and Columbia Business Schools' and connect with members of the alumni networks
in these cities.
An EMBA Global alumnus, Chief Budget Officer at a development bank in Tunisia,
mentions how the global nature of the programme enhanced his leadership skills:
"EMBA Global offers a unique professional, academic, cultural, and social experience: the
demanding lifestyle of a truly international executive. For me, travelling every month
between four continents, ensuring business continuity while being away from work 25% of
the time, and dealing with the sheer diversity of the programme puts to the test your
intellectual nimbleness and physical stamina. Such an experience profoundly shapes you as a
more insightful, resourceful and inspirational leader."
• Peer group
You’ll study with high-potential, globally-focused executives and managers representing a
wide range of nationalities and industries. They bring variety and depth to the EMBA Global
experience, learning from each other as well as from faculty members. Each class brings
together experienced managers, professionals and executives from around the world.
They are a diverse and highly engaged group of individuals who are working at the very
forefront of the rapidly changing world economy.
Typical class profile:
- 20 nationalities
- 13 industry sectors: finance, industry, IT, energy, consulting, military, architecture,
law, leisure, FMCG, pharmaceuticals, public sector etc.
- 10 job functions: general management, finance, new business development,
marketing, engineering, operations, legal, medical, etc.
An EMBA Global alumna, director at a hospitality consulting firm in Vietnam, mentions a
few highlights on the diversity of her peer group:
"Having worked in emerging markets for the last 10 years, it was great to connect with other
organisations and see how businesses work in other parts of the world. Everyone on the
programme was very different, not only culturally, but also in terms of work experience and
sector."
• Network
As a student and graduate of the EMBA Global you will:
- have lifelong access to blue-chip corporate partners and their industry network
- become part of the LBS community made up of 97,000 alumni in over 150 countries
- learn from a highly diverse and senior peer group coming from 20 different
countries.
• Sample analysis
Programme feature Return on investment
International Assignment to South America Analyse Mexico’s oil & gas market
Diverse, experienced and international
participants
Effective work with new project team based in
Eastern Europe
Skills development in team building and
leadership
Reduce delivery slippage by 10% in next 10
months
Decision making and risk analysis Conduct feasibility study for relocating site to
South East Asia
B.2. Programme structure
The EMBA Global curriculum is comprehensive, rigorous and demanding. The timetable
enables highly-focused learning, minimising your time spent away from the office and
ensuring optimum learning impact.
Key elements of the EMBA Global programme:
- the programme begins in May and runs for 20 months
- core courses are taught in six or seven-day residential blocks, once a
month, alternating between London and New York
- both schools make an equal contribution to the teaching of the core courses, with
faculty travelling to teach wherever the class is in residence
- you have access to the elective portfolios of both London Business School and
Columbia Business School
- you also study in one or more other markets as part of the international seminars or
assignments
- the collaborative learning environment means you learn from the experiences of
your fellow students, as well as from faculty.
B.3. Recommendation
After you have gathered specific evidence that our EMBA Global programme will benefit you
and your company, you will need to ensure that you highlight the aspects of your personal
development that are most important in the context of the business need and your career
development plans.
General:
‘I believe that it is the right time for me to pursue an EMBA Global programme because
I do not wish to restrict myself to technical management positions. The programme will
increase my opportunities to enter the more commercial side of the global business. Although
I have the necessary industry experience and knowledge, I cannot progress to more senior
positions without the transnational commercial and marketing skills acquired through an
EMBA Global. The EMBA Global will equip me with a broad range of business acumen in
order to manage projects and work at a strategic level anywhere in the world within our
organisation.’
Specific:
‘As a Global Head of... in X department, I am tasked with delivering on…’
‘To date, within our organisation I have achieved…’
‘In order to progress within the organisation, it is vital I develop X skills…’
If your organisation offers internal development programmes or even external training with
other institutions, you may need to clarify why an EMBA Global would be preferable to a
number of short development programmes. In this case, you should emphasise the ability
to learn from world-leading faculty who, alongside teaching, consult and sit on the boards
of major multinationals and conduct ground- breaking research in their fields of expertise.
The rigour of the programme sets it apart from shorter courses, as well as the opportunity to
learn from and collaborate with your diverse and experienced peer group. Once you have
graduated, remember that you and your company have access to a powerful and influential
professional network, from three world renowned business schools, for life.
C. Asking for employer support
I. Financial support
Think carefully about the level of financial contribution you require, making sure you have up
to date information on tuition fees. You may also need to request additional funds for
accommodation, travel and materials. Think about different funding models so you have a
“package” to request, and can offer different positioning. Outside of 100 per cent funding,
students on recent intakes have been financially supported in a variety of ways, including
matching funding, percentage splits, reduced hours, salary sacrifice, tuition reimbursement
at key stages or after successful completion of parts one and two, and bonus payments.
The agreement you finally come to will most likely be the result of a back and forth negotiation
between you and your employer. The monetary contribution you receive is most
commonly dependent on how long you are going to be contractually obliged to remain with
the organisation. If you require a significant level of funding, be prepared to be very
flexible with this detail.
II. Time
You will need to show how you will manage any time out of the office, and what you will do
to minimise the impact on your team or clients. Allow time off to complete studies, but also
be aware that deadlines may conflict with business needs. Indicate clearly in your request the
extent of the time required, and whether you will be using any personal time (agreed study
days, unpaid leave, vacation, lieu time) for this. It may be helpful to put the detailed schedules
into an appendix, and to give a short table within the business case showing the requirements
for the EMBA Global and, if appropriate, a comparison with any other programmes.
Please highlight the fact that you will be studying part-time, and will thus remain in fulltime
employment. Since you will be applying what you learn at the workplace, this is a
very important negotiating tool. Your potential absence from work is likely to be considered
as much of an investment for your employer as any financial contribution they make.
III. Commitment and Conclusion
Your statement of commitment is critical and should show your commitment to the
organisation, and to being a successful student on the programme. There are a variety of ways
of demonstrating this commitment, and as previously explained, agreements will most
typically encompass lock-in periods, reimbursement of tuition and other costs. The statement
of commitment ensures that you take responsibility for your learning and repay the
investment that has been made for you by your company.
D. Contacts
We hope this guide is helpful and wish you the very best of luck!
If you require any further information about the EMBA Global programme to support your
business case, please contact our Business Development Team in London:
Charlotte Tait
Senior Business Development Manager
Email: ctait@london.edu
Tel: +44 2070007464
2023-24 PROGRAM GUIDE
ONLINE PART-TIME MULTIPLE TIME ZONES
Hult International Business School
BOSTON | LONDON | DUBAI TIME ZONES
2023-24 Program Guide
HULT.EDU/ONLINEMBA
Global Online
MBA
2 GLOBAL ONLINE MBA DEGREE PROGRAM
Bringing the classroom experience online
We listened to the frustrations of learners who told us that the online MBAs out
there weren’t providing enough interaction and networking with peers, enough
live learning with professors in real-time, or enough practical skills development.
We knew we needed to bring these essential elements of the classroom
experience to our Global Online MBA.
Learning to suit your lifestyle
Teamwork is the key to business success and is the focus of skills development
at Hult. So, how can an online degree offer the level of peer-to-peer and studentto-faculty interaction that’s needed to grow while still offering the flexibility home
learners demand? By creating a program that enables multiple modes of
learning—from live online classrooms to entirely self-paced modules to oncampus options across three continents and time zones.
Build a global network from home
Hult’s Global Online MBA enables you to switch modes as it suits you while
experiencing our unique brand of challenge-based learning and building a global
network of like-minded professionals. You’ll all come together at the annual
Global Summit to cement the relationships you’ve formed in class and forge an
international career on your own terms.
A Unique Online MBA
for Those Made to Do
Become part of a worldwide cohort of professionals who want to get
ahead from home. Hult has brought its top-ranked, award-winning
MBA into the digital space to provide globally minded students with an
immersive learning-by-doing experience—online. With the ultimate
flexibility you need to continue to work as you learn part-time, Hult’s
two-year Global Online MBA offers a suite of weekend learning options
to suit your lifestyle and can adapt to changes in your needs.
2023-24 PROGRAM GUIDE 3
Communication and collaboration is
the foundation of a successful career
4 GLOBAL ONLINE MBA DEGREE PROGRAM
Start date
We have start dates in April and October
each year.
Weekend classes
Classes take place over a three-day weekend
per month from three different time zones
(Boston, London, and Dubai), meaning you can
attend any live class based on your time zone
preference.
Mode of study
Do the entire degree live online, or do a mix
of live online and self-paced courses.
On campus
Option to take classes at one of Hult’s
campuses for an additional fee.
A Fully Optimized Online
Learning Experience
You want to earn a world-class MBA from home, with all the
flexibility a working professional needs. But you don’t want to
compromise on networking and skills development. Hult’s Global
Online MBA program is designed to enable you to take control of your
schedule and your learning while providing you with opportunities to
engage, connect, and work in teams on practical challenges.
Optimized Engagement Optimized Flexibility
& Networking
Be part of a global community and cohort.
Connect and engage with peers from around
the world.
Network and increase your exposure at the
Global Annual Summit event on a Hult campus
(Boston, London, or Dubai).
2023-24 PROGRAM GUIDE 5
60% 40%
men women
38
average age
79%
speak two or more languages
91%
are living abroad at the time
of study
12
average years of work experience
Top 10 industries (pre-MBA)
Financial Services
Technology
Manufacturing
Healthcare
Media/
Entertainment
Consumer
Packaged Goods
Energy
Government
Consulting
Hospitality
*
These are stats from students from the Live Online program. There are 150+ nationalities across the Hult student body.
Hult Global Online MBA Class Profile 2023*
Challenge-based learning is at the heart of
the program.
Our small class sizes enable high-quality
classroom experiences and 1:1 time with
professors.
Develop in-demand business skills.
Learn from internationally renowned faculty
with years of industry experience. Attend
dedicated office hours with your professors for
one-to-one support throughout your program.
Optimized Skills
The flexible Global Online MBA program
helps you balance competing demands
on your time
6 GLOBAL ONLINE MBA DEGREE PROGRAM
The World Is
Your Campus
Hult Boston
Hult Dubai*
Hult London* Hult San Francisco
Hult New York
With upgrade options to come to any campus when you choose and a
global gathering of MBA candidates every year, this is an online degree
that gives you international experience on your own terms.
2023-24 PROGRAM GUIDE 7
*Come to campus
Gain on-the-ground international experience
and build your network on campus when you
upgrade to in-person classes. For an additional
fee, you can take classes of your choosing at
our London and Dubai campuses.
Global Annual Summit, 2023
Date: June 3-4, 2023
Location: Hult Boston
The Global Annual Summit is held in a different
location each year. Come together with your
classmates from across the globe to strengthen
relationships, forge connections, and experience
Hult’s stunning campuses in some of the world’s
most influential business hubs. This year’s summit
theme is Innovation & Growth, so expect to be
inspired by globally renowned professors who’ll
leave you inspired and ready to drive growth in
your career.
8 GLOBAL ONLINE MBA DEGREE PROGRAM
A Part-Time Degree
Designed to Challenge
Ranked among the best in the world by the Financial Times, the
Economist, Bloomberg Businessweek, and Forbes, Hult’s Global Online
MBA will equip you with the skills most in-demand with employers
worldwide so you can make an immediate impact that matters.
Your Global Online MBA program: how it works
Core Program FACULTY SUPPORT: Hult faculty o er frequent dedicated oce hours and are there to support you every step of the way.
Module
1
Business
Challenge 1
Module
2
Bodule
3
Business
Challenge 3
Module
4
Business
Challenge 4
MEAR 2
YEAR 1
Yonths
Accredited by the three most prestigious
independent bodies—AMBA, AACSB, and EQUIS—
our highly practical MBA curriculum is centered on
real-world business challenges. Throughout your
program, you’ll take the knowledge and skills you
learn in class and continually test them, and yourself,
through practical application.
With our uniquely Global Online MBA degree, you’ll
study every topic through a global lens, master working
in cross-cultural teams, and learn to lead in a complex
international business environment.
Do the entire degree live online, or do a mix of live
online and self-paced courses.
2023-24 PROGRAM GUIDE 9
Electives, Specializations
& Core Coursses
Electives, Specializations
& Core Coursses
Elective Courses
usiness
Challenge 2
Module
5
Business
Challenge 5
YEAR 2
YEAR 1
mtudents consider creative ways
of solving a team challenge before
finalizing their concept
10 GLOBAL ONLINE MBA DEGREE PROGRAM
Your Challenge-Centered
Global Online MBA Curriculum
*Course titles and challenges subject to change.
Year 1
Module Theme Core Courses Covered in Module* Challenges*
Module 1:
Design
Program Immersion
Authentic Leadership 1:
Leadership Journey
Marketing Strategy
Financial Statement Analysis
Business
Challenge 1
Module 2:
Sales
Authentic Leadership 2:
Managing Relationships
Business Insights Through Data
Applied Economics for Decision Making
Business
Challenge 2
Module 3:
Delivery
Authentic Leadership 3:
Personal Influence
Data Management
Global Operations
Business
Challenge 3
Elective Courses
Year 2
Module Theme Core Courses Covered in Module* Challenges*
Module 4:
Growth
Authentic Leadership 4:
Moral Perspective
Financial Management & Decision Making
Business Strategy
Business
Challenge 4
Module 5:
Transformation
Authentic Leadership 5:
Leading Change
Agile Project Management
Business
Challenge 5:
Digital Transformation & Impact
Elective Courses
2023-24 PROGRAM GUIDE 11
Sample Business Challenges
BUSINESS CHALLENGE 1*
New Venture Strategy
Simulation
Your first business challenge will immerse
you in the many decisions a company needs
to consider when assessing a new venture,
from market analysis and competitive
differentiation to sales strategies and
tactics, production, logistics, and financial
management. The cornerstone of the
challenge will be a competitive, team-based
business simulation. As you compete to win
in your industry, you’ll improve your ability
to develop and implement a strategy for
success in a dynamic team environment.
BUSINESS CHALLENGE 4*
New Market Expansion
Plan
Students will consult for a live client, conduct
market research to understand consumer
trends, the competitive landscape in new
markets, and potential impacts on the value
chain. Find and set out a solution that makes
use of an emerging technology, discuss the
impact on the client’s brands, competitors,
and current product offerings—and indicate
whether, why, and how those offerings
should change.
12 GLOBAL ONLINE MBA DEGREE PROGRAM
Work With Real-World
Businesses on Real-World
Challenges
Business Challenges are project-based, faculty-led courses that occur
during or at the end of each core module. These challenges combine
skills, topics, and knowledge from previous courses to apply toward
solving or developing real-world business strategies.
Previous Business Challenge examples include:
Client: Mercedes Benz
Developing solutions to increase the electric vehicle
share in key global markets.
Client: Verizon Wireless
Establishing new market segments and key enablers
of technological disruption.
Client: Kinder
Developing an integrated marketing campaign across
Above the Line and Below the Line touchpoints.
Client: Grupo Bimbo
Integrating technological strategies, including
ecommerce and autonomous vehicles, into food
industry strategy while enhancing existing business
models and creating new customer access innovations.
Entrepreneurial Challenge
Creating a new business concept at the edge of growth
trends, while developing and validating ideas through
deep insights, and building a go-to-market plan that is
executable and financeable.
Connect with your peers and tune in
to classes from wherever you are in
the world
At least one of these challenges involves working alongside a real-world corporate client, which gives students
the opportunity to gain practical experience working with successful companies, grow their network, and add
weight to their resume.
2023-24 PROGRAM GUIDE 13
Experience that gets results
The skills and mindset students gain at Hult have
earned our graduates a reputation among
employers as globally minded changemakers.
Hult alumni are in demand with the world’s
leading companies and are forging successful
careers across a variety of industries all over
the world.
Here’s a snapshot of Hult MBA graduates’ most recent
achievements:
$
average salary in USD 3 years after graduation,
206k
Financial Times,
Executive MBA Ranking, 2022
View the MBA Global Careers
Report in Full
91%
of MBA grads changed industry
122%
increase in pre-MBA salary, The Economist,
Which MBA?, 2021
326
companies hiring Hult 2021 graduates across 50 70 countries (MBA)
%
of alumni have been promoted or grown in their
company since graduation (EMBA)
2023-24 PROGRAM GUIDE 13
14 GLOBAL ONLINE MBA DEGREE PROGRAM
What Will My Weekend
Look Like?
Get out of your comfort zone and experience a different kind of
weekend. Attending career-focused webinars with industry experts
is a great way to expand your network and your knowledge and can
also greatly enrich your experience.
The sample schedule opposite shows you a typical
timetable of a Global Online MBA student. What it
doesn’t show you is the dynamic experience in classes
and the rich learning opportunities available outside
the classroom.
Make the most of your Live Online weekend courses
with:
– Interactive live classes with Hult faculty
– Dynamic guest speakers
– Roundtable & group discussions
– Team activities & challenges
– Real-life assessments post-weekend
– Networking events
Make the most of your Flex Online Self-Guided
courses with:
– Digital learning materials to complete at your pace
over 6–8 weeks
– Live online course kickoffs
– Curated online content & assessments by Hult
Faculty
– Interactive digital activities & online discussions
– Optional live online webinars with industry experts
– Dedicated office hours with Hult professors
Gain relevant business skills that you
can apply immediately
2023-24 PROGRAM GUIDE 15
Live Online Sample Core Weekend Schedule*
Flex Online Self-Guided Sample Weekly Schedule (6-8 weeks per class)
Friday Saturday Sunday
11am – 3pm:
Live Online Class
11am – 7pm:
Live Online Classes
11am – 7pm:
Live Online Classes
3pm – 5pm:
Teamwork & Class Preparation for
Next Day
7pm – 8pm:
Teamwork/Meeting
3pm –4pm:
Guest Speaker Event
6pm – 7pm:
Live Networking Event
8pm – 9pm:
Preparation for Next Day
7pm – 8pm:
Time to Start Working on Final
Assessment
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
Live Online
Class
Multiple Time
Options
Self-paced study:
Independent assignments and cohort
collaboration opportunities
Complete
Module 1
Quiz/
Assessment
Start
Working
Through
Module 2
Content
Meet With
the Hult
Faculty
During
Office Hours
Live Online Optional Guest Speaker Webinar
Mode of study: 100% live online classes over a three-day weekend each month.
Mode of study: 50% live online classes with 50% self-paced online courses.
*These are sample class times, subject to change.
Electives &
Specializations
Personalize your degree based on your personal and professional
goals by choosing from over 150 electives. You can also choose to
graduate with a specialization and deepen your skills and practice
in a specific field. You can take your electives online or in-person1
at our London and Dubai campuses—so how and what you study
is up to you.
1 You can choose to upgrade to in-person electives for an additional fee.
New electives are added every year to keep options
up to date and relevant, with a wide range available
every summer term.
To graduate with a specialization, you’ll need to
concentrate your elective choices in that specific
area and complete at least three electives relevant
to your specialization.
An elective a year for life
Hult is the proud recipient of the bronze award for
Best Lifelong Learning Initiative 2021 from the
Association of MBAs (AMBA) and the Business
Graduates Association (BGA).
Your knowledge, skills, and qualifications will need to
be constantly updated throughout your career. Once
you graduate, we have lifelong learning options that
enable you to stay up to date and relevant—always.
You can come back to any campus, every year, to
take an elective that suits you.
Build a network that spans
the globe
16 GLOBAL ONLINE MBA DEGREE PROGRAM
2023-24 PROGRAM GUIDE 17
Areas of specialization and sample electives:2
Digital Marketing
Psychology of Pricing in a Digital World
Social Media Marketing Strategy
Customer Acquisition Through Digital Marketing
Finance
Business Analysis & Valuation
Behavioral Economics & Decision Making
Mergers & Acquisitions
Technology Management
Introduction to Bitcoin & Blockchain Technologies
Managing Innovative Technology
Cybersecurity Technology
Data Analytics
Introduction to Machine Learning
Digital Analytics: Becoming a Digital Ninja
Applied Statistics with R
Project Management
Crisis Management, Mitigation & Response
Lean Project Management
Supply Chain Analytics
Other popular electives include:
International Negotiations & Business Consulting
Management Psychology
Entrepreneurship Through Acquisitions
The Science of Happiness & Well-Being
Artificial Intelligence & the Future of Humanity
Global Strategic Valuation
Sustainable Brands & Products
Luxury Marketing
Kisuc Kim maps out his options on
the walls of a meeting room on the
Dubai campus
2Electives subject to change.
18 GLOBAL ONLINE MBA DEGREE PROGRAM
Passionate Professors From
the Real Business World
More than just professors, our practitioner faculty are supportive mentors
that have your professional goals in mind. Known as much for their
academic credentials as for their decades of experience as executives,
consultants, and entrepreneurs, our faculty members know what it takes
to thrive in the demanding world of international business.
Ali Fenwick, PhD
Dutch/British
Organizational Behavior &
Innovation Professor
With 18 years of experience
in management consulting in
telecommunications, FMCG,
and pharma, Dr. Fenwick is a
professor of industrialorganizational psychology who teaches across several
key topics, including organizational behavior, leading
for innovation, and management psychology. Ali is
the founder and CEO of LEAD TCM&L™—a global
behavioral science advisory firm developing
psychological interventions for business, education,
government, and NGOs. He is also a Harvard Business
Review contributor, TEDx and keynote speaker, media
behavioral expert, conference chair, author, and
strategic advisor.
Amanda NimonPeters, PhD
Australian
Data Science & Leadership
Professor
Behavioral scientist Amanda
started university aged 16 and
went on to earn a master’s and
PhD from the University of
Cambridge, during which time she spent nine months
of her research work living in a tent in Antarctica.
Since then, her extensive corporate career includes 10
years in sales and marketing research at P&G as well
as launching and running her own consultancy, whose
clients included LG, Cisco, HSBC, and Shell. Her
current research includes behavioral change
techniques for leadership development as well as the
effects of leaders’ ethical choices. Her latest book,
Working with Influence: Nine Principles of Persuasion
to Accelerate Your Career (Bloomsbury, 2022) is a
prime example of her highly practical and applicable
insights into leadership.
2023-24 PROGRAM GUIDE 19
Caryn Pang, PhD
Chinese American
Marketing Professor
Dr. Caryn Pang is a faculty
member at Hult International
Business School in Boston. She
is also a professor at Parsons
School of Design in NYC. Her
ability to teach marketing and
business fundamentals is a result of her 15+ years of
experience as a retail business executive coupled
with consulting experience for businesses in the
international fashion industry. She has worked for
Neiman Marcus, Saks Fifth Avenue, TJX Corporation,
and Macy’s. By incorporating relevant business and
marketing strategies into the classroom, Dr. Pang
teaches her students applicable skills to ready them
for the industry. Her research stream focuses on
cross-cultural consumer consumption and the
luxury sector. Dr. Pang earned her PhD from Iowa
State University.
Omar RomeroHernandez, PhD
Mexican
Data Analytics & Operations
Professor
A Fulbright Scholar, Omar
uses his mastery of numbers
to transform the lives of
disadvantaged communities
via renewable energy in his native Mexico. He’s led
several internationally awarded projects with sponsors
including the UN, Mexico’s Ministry of Environment,
and the stock exchange. In 2010, he was appointed
leader of a national task force on economic growth
and low carbon emissions, which delivers
recommendations to the President of Mexico.
He was one of the recipients of the Franz Edelman
Award, the world’s most prestigious award for
operations research and management science.
Larry Louie, MBA
Chinese American
Finance, Accounting &
Entrepreneurship Professor
Hult Prize Mentor
Larry Louie is a global
professor, teaching courses in
finance, accounting, and
entrepreneurship. Larry joined
the Hult San Francisco campus at its opening in 2010
and served on the multi-disciplinary MBA Redesign
Committee that revamped Hult’s MBA program,
leading to the AMBA Innovation Award. Prior to
teaching, Larry worked for 25 years in venturebacked startups, commercial real estate, Bain &
Company, and KPMG. Larry earned an MBA from
the Stanford Graduate School of Business and a
BSc in finance and accounting from the University
of California at Berkeley. Larry has also served the
community as a board member of La Cocina
(a nationally recognized food incubator for lowincome women entrepreneurs).
2023-24 PROGRAM GUIDE 19
20 GLOBAL ONLINE MBA DEGREE PROGRAM
Fund Your Future
Your education is undoubtedly one of the most important investments
you will ever make. Throughout the application process, we will work
closely with you to help you understand the options available to you to
finance your degree.
Asking your company to help fund your
part-time MBA
Your part-time MBA also brings huge benefits to your
organization. Having your employer invest in your
business education is a mutually beneficial way to
fund your program. Many part-time MBA students
choose to focus on their employing company for their
class assignments. All of this can be immediately
applied in the workplace as well as to your own
professional growth.
Find out more about our Corporate Partner Program:
hult.edu/corporate Program fees
Global Online MBA
39,000 USD*
*This is indicative program pricing, other fees will apply.
Please visit our website for more detailed costs.
Payment plans
We have a variety of payment options to fit your
situation, including Early Payment discount. If you
choose the Early Payment plan, you are eligible for a
2%* discount on your tuition (*net fees after scholarship
and financial aid are deducted), providing you meet
the terms.
Please reach out to our enrollment team for more
information at hult.edu/contact
Loans & government support
Financial institutions in many countries offer education
financing specifically to local citizens. These loans are
typically repayable after completion of the course,
although terms vary widely. Depending on where
you are from, you may be eligible for loan and grant
opportunities offered by your government. We work
with candidates to help them identify suitable financial
institutions and government programs.
Your employer can also benefit
from your MBA
2023-24 PROGRAM GUIDE 21
22 GLOBAL ONLINE MBA DEGREE PROGRAM
Ready to Apply?
We are looking for dynamic, international, and open-minded
individuals who have the ambition to grow and succeed in the world.
Sound like you? Here’s how you can join Hult:
Entry requirements
– Bachelor’s degree or equivalent*
– Three or more years’ post-graduate work experience
– Proficiency in English (TOEFL/IELTS/PTE)**
How to apply
1. Complete your online application at
hult.edu/apply
2. Pay 95 USD application fee
3. Submit application and supporting documents
– Resume/CV
– Personal statement
– University transcripts
4. Personal Assessment Interview
5. Admissions decision
6. Submit deposit to confirm your seat
Your Personal Assessment Interview
This interview is the centerpiece of the
Hult admissions process. We are a futurefocused business school and this is the best
opportunity you have to share your plans
and dreams with us. This is the time for us to
really get to know each other in person, over
the phone, or via video call.
Apply Now
*Applicants without a bachelor’s degree but with over 10 years of relevant work experience will be considered.
**English test waivers may apply for native English speakers or if your bachelor’s was completed in an English-speaking country. Your English test
results can come later in the process if they’re not available immediately.
2023-24 PROGRAM GUIDE 23
We have enrollment advisors
in every region, so you can talk
directly to one of our team,
wherever you are in the world
2023-24 PROGRAM GUIDE
Hult is proud to be recognized and ranked among the best business schools in the world by the
Financial Times, the Economist, QS World University, Poets & Quants, Bloomberg Businessweek,
Forbes, Times Higher Education and WSJ, and US News & World Report.
FOR FULL DETAILS ON THE PROGRAMS INCLUDING:
CURRICULUM AND CAMPUSES, COSTS AND SCHOLARSHIPS, ADMISSIONS AND APPLICATION
HULT.EDU/ONLINEMBA
Latest information and updates about COVID-19 (coronavirus) from McMaster University
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DeGroote School of Business - Education with Purpose
MBA PROGRAM
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PROGRAMS
At DeGroote, we take a student-first approach. During your DeGroote MBA you will develop your network and graduate with the skills and knowledge our employers are looking for. Find your best fit among our program options below.
FULL-TIME DEGROOTE MBA
An opportunity to unlock your future potential with a full-time program that takes less than two years to complete. Students may apply for optional paid internships in the summer between levels one and two. This program is the perfect fit for those wishing to accelerate their career goals.
Length of study: 20 months
Start date: September 2023
Work experience: Best fit for anyone with less than seven years of work experience.
FULL-TIME DEGROOTE MBA (WITH CO-OP)
Interested in an MBA but lack the industry experience and network? Integrating classroom education with three full-time paid work terms, this program is ideal for newer grads wanting to build business acumen and launch their careers.
Length of study: 28 months
Start date: September 2023
Work experience: Best fit for anyone with less than four years of work experience.
ACCELERATED DEGROOTE MBA
Are you a business graduate from a Canadian university? The accelerated program allows you to complete your MBA and enter the workforce in as little as eight months.
Length of study: 8 months to two years
Start date: September 2023
Work experience: Best fit for anyone with an undergraduate degree in business with a minimum two years of work experience.
BLENDED LEARNING PART-TIME
Our newest MBA offering, it is the perfect program for the working professional. The experiences includes a combination of an in-class and online curriculum offers and is our most convenient option to complete an MBA.
Length of study: 36 months
Start date: September 2023
Work experience: Best fit for anyone with four to eight years of work experience.
EXECUTIVE MBA
This blended-learning program is the first EMBA in the world to focus on preparing executives to lead their organizations through digital disruption. With residencies in the GTA and Palo Alto, California, students learn to manage digital systems, lead diverse teams, foster innovation, and make data-driven decisions.
Length of study: 14 months
Start date: July 2023
Work experience: Best fit for anyone with greater than 10 years of work experience.
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Hamilton Campus
DeGroote School of Business
McMaster University
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Hamilton, Ontario
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Burlington Campus
DeGroote School of Business
Ron Joyce Centre
4350 South Service Road
Burlington, Ontario
L7L 5R8
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12-MONTH PROGRAM STARTING IN JANUARY
smithqueens.com/ftmba
Small class sizes
outstanding
faculty, state-of-the-art business
school facility
Powerful
network of
alumni in
150+ countries
Study on-campus in Kingston
at Smith School of Business at
Queen’s University – one of
in Canada
Pioneering
leadership
and team
development
programs
Be ready for fall job interviews and
among the first MBA graduates on the
market with this 12-month
January.
AN MBA UNLIKE ANY OTHER
TECHNICAL EXPERTISE + TEAM DYNAMICS + SPECIALIZATIONS +
INTERPERSONAL SKILLS + CUSTOMIZED COACHING + CAREER SUPPORT
There are a lot of MBA programs
that provide a quality business
education, but very few rival
Smith’s team-based approach,
personalized coaching, and
tight-knit culture. I really felt
I was learning something new
every day in terms of business
acumen, leadership skills
and self-discovery. I would
absolutely recommend this
program to anyone looking
for a transformative MBA
experience.”
Kim Fulton, MBA
Principal
Kearney
Toronto, ON
“
2 | FTMBA
TECHNICAL
EXPERTISE
The MBA from Smith School of Business provides
outstanding foundational management skills
including analytics, accounting, financial theory,
marketing management, information systems,
strategy and more.
In addition, Smith is the pioneer and leader in
fostering the personal and team skills necessary to
excel in business today including group dynamics,
adaptability, communications, leadership,
resilience, and cultural intelligence.
Surveys* of CEOs and corporate recruiters
underscore that it is this combination of technical
management capacity and interpersonal skills that
is most highly valued.
Take the first step and connect
with your application advisor at
smithqueens.com/ftmba
INTERPERSONAL
SKILLS
The MBA unlike any other. It delivers both the
technical expertise and the interpersonal skills
development that employers require today.
*GMAC Corporate Recruiters Surveys
THE
POWERFUL
ADVANTAGE
FTMBA | 3
The Program
Complete your MBA in 12 months and get into
the workforce with the knowledge and skills to
begin advancing your career.
The first six months is foundational curriculum covering
the core management skills required to lead in business.
In the second six months you take elective courses and can
also select an area of specialization (eg. consulting, finance,
marketing & sales, digital transformation, management
analytics, entrepreneurship & Innovation). You will earn
a supplemental certificate in the area of focus.
Substantial team and individual project assignments
allow for deep learning and practical application.
Approach
A multi-faceted approach to teaching
ensures engagement, high-value and impact.
Class instruction is balanced with group
discussion, simulations, team assignments,
and real-world business projects. In addition,
Smith’s Living Case Studies provide a unique
and modern teaching approach immersing
you in business challenges in real time.
For more about our faculty,
go to smithqueens.com/ftmba
Faculty
Smith School of Business faculty work together as
teachers, researchers, and consultants. Together they
create a tightly integrated academic plan for you.
Faculty have outstanding academic credentials and
are also best-selling authors, award-winning teachers
and editors of leading academic journals. Canadian
Business, Bloomberg BusinessWeek, and The Financial
Times have recognized Smith faculty as among the
top management educators in the world.
+ EXPERIENTIAL LEARNING
+ REAL-WORLD BUSINESS PROJECTS
+ SIMULATIONS
+ LIVING CASE STUDIES
+ CLASS INSTRUCTION & DISCUSSION
4 | FTMBA
Options
Pre-MBA Preparatory Sessions
For advance grounding in core concepts and skills,
Smith offers non-credit, one-day sessions in topics such
as Accounting, Finance and Statistics, working with
MBACase, and more.
Certificate in Social Impact
By completing certain courses and participating in key
events and volunteer activities, you can earn a Certificate
in Social Impact and demonstrate engagement in
responsible leadership.
Double-degrees
You can apply MBA credits to other degrees from Smith
School of Business and Queen’s University including
Master of Finance, Master of Management Analytics, Juris
Doctorate, and Master of Science in Healthcare Quality.
Professional Designations
You can begin earning qualifications towards the
following professional designations:
The MBA program was a life changing experience from start
to finish. The diversity of people was incredible — diversity
not only of thought, but of life experiences. Interacting with
and learning from so many unique people provides a great
base for a future career. The program jump started my career
into an exciting new path with a disruptive growth-focused
company. I truly have been overwhelmed by the opportunity
for personal and professional growth.”
Josh Tovey, MBA
Senior Operations Manager
Amazon
Raleigh, NC
“
FTMBA |
5
Team Skills
Smith School of Business pioneered the team-based
learning approach that prepares you for the reality of
today’s workplace. You are assigned a team for the core
of the program and a dedicated professional coach helps
you perform collaboratively at the highest level. You
will have many opportunities to develop your personal
leadership capacity.
Executive Coaching
Become your best self with one-on-one coaching
to maximize your effectiveness in the workplace.
Coaching is an integral part of the Smith School
of Business offering and will give you a greater
understanding of yourself, your strengths and your
weaknesses. This will have a powerful impact on your
performance and your working relationships. Coaching
covers a range of areas from conflict resolution to
anxiety management to mindfulness.
Experiential Learning
‘Learn by doing’ through participation in the TriColour
Venture Fund (TCVF), Canada’s first student-advised
venture capital fund. Students meet with potential
portfolio companies, assess the opportunities,
conduct due diligence and make recommendations
to the Investment Advisory Board - a committee of
seasoned entrepreneurs, angel investors, and venture
capitalists. Deals are syndicated in conjunction with
some of Canada’s leading venture capital companies
and angel investors.
Queen’s University Alternative Assets Fund (QUAAF)
is Canada’s first student directed portfolio of hedge
funds managing a portion of the university’s endowed
funds. Each generation of QUAAF members is
responsible for ensuring sustainable operations
and financial stewardship of the fund, providing
outstanding practical experience.
Our program is unique in its focus on
developing the ‘whole you’ to be as
successful as possible in your career.
THE SMITH
DIFFERENCE
6 | FTMBA
The MBA experience at Smith helped me further refine
the type of leader I wanted to be. It also gave me the
confidence and the tools to successfully pivot into
a completely new career that would not have been
available to me otherwise. My year was truly a lifechanging experience where I not only gained a wealth
of contacts through the alumni network, but also
made lifelong friends.”
Roxane Ducasse, MBA
Project Manager
End-to-End Supply Chain at Walmart
Mississauga, ON
Lifestyle Coaching
Prepare for the fast pace and high demands of
your business career with the optional lifestyle
coaching program Fit to Lead™ that addresses
physical, mental and emotional well-being.
Cultural IQ
In today’s diverse and global business environment,
cultural intelligence is critical. Smith has partnered
with the Cultural Intelligence Center to teach
how culture influences behavior and thought
processes, and effective strategies for managing
in a multicultural environment.
International Opportunities
Study opportunities, available at more than
30 of the world’s top business schools, provide
an exceptional experience in a region of interest
to you.
“
FTMBA |
7
Recruitment & Career Support
You want to find the job that showcases your skills and
capabilities and accelerates you on an exciting career path.
The Smith School of Business Career Advancement Centre
will work with you from the start of your MBA to identify
your passion and help you secure a great job. The Centre
maintains strong relations with outstanding organizations
across Canada and around the world, and recruiters are
regularly on campus meeting with students.
A personal Career Coach will work with you one-onone to help you prepare and manage your job search
process. Coaches have specialized experience, training
and connections in specific sectors.
“
At graduation you join a powerful network of Smith
and Queen’s alumni in more than 150 countries.
Regular events and meeting opportunities help you
build valuable connections that will last a lifetime.
Smith is also the Official National Business Education
Partner of the Canadian Olympic Committee.
Join a Powerful Alumni Network
Anything you do in life that is challenging gives you
the opportunity to grow. After retiring from the Canadian
Women’s Rugby Team, I researched potential career paths in
business which led me to Smith. I enhanced my knowledge of
business theories, concepts and skills transference and I feel
I’m better prepared to pursue a career or start a business.”
Megan Lukan, MBA
RBC Olympian
Associate Financial Advisor
Black Star Wealth
Halifax, NS
8 | FTMBA
The team-based approach to the
curriculum really excited me. For
the first six months of the program,
while you’re going through the
core foundational courses, you’re
assigned to a team. Our team was
incredibly diverse. What I thought
was really beautiful about that was
that everyone brought a unique
approach and perspective to the
problem. It was challenging at
times because you needed to find
common ground, but I think it
made the quality of the product
and the learning that much better.”
Hanif Shariff, MBA
Consultant
McKinsey & Company
Vancouver, BC
“
Smith School of Business
Smith School of Business at Queen’s University
is renowned for its excellence, innovation and
leadership in business education.
From establishing the first undergraduate business degree
a century ago to creating ground-breaking programs and
courses in emerging areas including artificial intelligence,
fintech, analytics, cultural diversity, team dynamics, social
impact and more, Smith is at the forefront of preparing
you for the business marketplace.
In addition to its rich tradition of academic and teaching
excellence, Smith is known for delivering an outstanding
learning and development experience. Small class
sizes, personal attention, individual and team coaching,
opportunities for specialization, and a deep commitment
to student success characterize the Smith experience.
Recognized as a top global program by
FTMBA | 9
I chose to pursue my MBA at Smith because
of the team-oriented curriculum, the caliber
of the alumni network, and the renowned
academic vigour of the school. I’m pleased to
say that these criteria were met and exceeded.
Prior to Smith, I was playing professional
football in the CFL and working as a project
director for a non-profit. I used the MBA as
a catalyst to make a transition that many
athletes find difficult, and with the support of
the program I was able to thrive during this
precarious time of my life.”
Andrew Lue, MBA
Consultant
Boston Consulting Group
Toronto, ON
“ Smith’s team-based approach
and small class size enabled me
to build strong relationships with
classmates. I learned something
new from teammates every day and
we helped each other to become our
best selves. The skills I gained from
the team experience allowed me to
interact and work effectively with a
diverse group of people. These skills
ultimately helped me transition
from engineering to investment
banking. I would definitely
recommend the program.”
Lina Yang, MBA
Senior Financial Analyst
Teck Resources Limited
Vancouver, BC
“
10 | FTMBA
Canada is a thriving and welcoming
environment for business students. It was
ranked #1 for Best Quality of Life (2020, U.S.
News & World Report) citing its economic and
political stability, strong job market, diversity,
quality of education system, and safety.
Kingston is a dynamic small city
with great amenities, resources,
events and attractions.
Smith attracts students from more than
40 countries including full-time, exchange
and international double-degree students.
Our Application Advisors can assist you in
understanding requirements for studying
in Canada.
For current and future events,
go to visitkingston.ca
and kingstoncanada.com
Studying in Canada
FTMBA | 11
GLOBAL
PERSPECTIVE
We prepare you to thrive in an increasingly global business environment
— through Cultural IQ, an exchange opportunity and a global alumni
network. Typically more than 40 per cent of your MBA classmates will
come from outside Canada. Expand your perspective and build strong
connections as you work in class, in teams, and on projects.
Cultural IQ
Smith School of Business has partnered
with the Cultural Intelligence Center to
help our MBA students strengthen their
Cultural IQ, which assesses your ability
to relate and work effectively in diverse
situations. Learn how culture influences
behaviour and thought processes, and
gain effective strategies for managing in
a multicultural environment.
International Alumni Network
On graduation become part
of the powerful Smith School
of Business and Queen’s
University alumni network in
more than 150 countries.
Outside Front
FTMBA | 13
ARGENTINA Buenos Aires Torcuato Di Tella University,
Di Tella Business School
AUSTRALIA Brisbane Queensland University
of Technology
AUSTRIA Vienna WU, Vienna University of
Economics and Business
BELGIUM Brussels Solvay Brussels School of
Economics & Management
BRAZIL São Paulo FGV EAESP, São Paulo School
of Business Administration
CHINA
Beijing
Cheung Kong Graduate
School of Business
Peking University, Guanghua
School of Management
Tsinghua University, School of
Economics and Management
Shanghai
China Europe International
Business School (CEIBS)
Fudan University, School
of Management
Shanghai Jiao Tong
University, Antai College of
Economics & Management
Shanghai Jiao Tong University,
Shanghai Advanced
Institute of Finance
Tongji University, School of
Economics & Management
DENMARK Copenhagen Copenhagen Business School
FINLAND Mikkeli Aalto University,
School of Business
FRANCE
CergyPontoise ESSEC Business School
Lyon EMLYON Business School
GERMANY
Leipzig HHL Leipzig Graduate
School of Management
Mannheim University of Mannheim,
Business School
Vallendar WHU — Otto Beisheim
School of Management
HUNGARY Budapest
Corvinus University
of Budapest, Corvinus
Business School
INDIA
Bangalore Indian Institute of
Management Bangalore
Ghaziabad Institute of Management
Technology, Ghaziabad
Hyderabad Indian School of Business
ITALY Milan Università Bocconi
JAPAN
Nagoya Nagoya University of
Commerce & Business
Tokyo Waseda University,
Faculty of Commerce
MEXICO Mexico City Universidad Panamerica,
IPADE Business School
NETHERLANDS Rotterdam Erasmus University, Rotterdam
School of Management
NORWAY Bergen NHH Norwegian School
of Economics
RUSSIA St. Petersburg
St. Petersburg University,
Graduate School of
Management
SINGAPORE Singapore
National University
of Singapore, NUS
Business School
SOUTH AFRICA Bellville University of Stellenbosch
Business School
SWEDEN Stockholm Stockholm School
of Economics
SWITZERLAND St. Gallen University of St. Gallen
THAILAND Bangkok
Chulalongkorn University,
Faculty of Commerce
and Accountancy
UNITED
KINGDOM
Birmingham Aston University, Aston
Business School
London London Business School
International Exchange
Smith’s MBA program offers exchanges at more than 35
partner business schools around the world. Through this
extensive international partnership network, there are
enough places for every MBA student to participate in a
short or long-term exchange.*
Inside Back
Inside Front
*Seats at individual exchange partners cannot be guaranteed.
FTMBA | 14
CLASS AND CAREER
.
Outside Front
Accelerating Your Career
Our faculty, staff, coaches and Career Advancement Centre team work
closely with you to help you find the post-graduation job that showcases
your skills and capabilities, and accelerates your career.
$120,852 CAD
average total compensation
accepted a job offer within
3 months of graduation 98% (100% reporting rate)
Class of 2021
FTMBA | 15
Class Profile
59%
male 40%
female
Sample of Companies that Hire Our MBAs
36% Financial Services
26% Consulting
Technology 13%
Healthcare 6%
Retail 5%
Consumer Goods 4%
Government 2%
Non-Profit 2%
Real Estate 2%
Telecommunications 1%
Marketing Services 1%
Other 2%
Employment by Industry
Class of 2023
Class of 2021
CONSULTING
• A.T. Kearney
• Accenture
• Boston Consulting Group
• Capgemini
• Deloitte
• EY
• KPMG
• McKinsey & Company
• PricewaterhouseCoopers
CONSUMER PACKAGED
GOODS/FOOD/
PHARMACEUTICAL
• Johnson & Johnson
• McCain
• Maple Leaf Foods
• Molson Coors
• PepsiCo
• Pfizer
• Reckitt Benckiser
• Unilever
TECHNOLOGY &
COMMUNICATIONS
• Amazon
• Adobe
• Bell
• Google
• IBM
• Microsoft
• Rogers
• Telus
• Uber
• Xerox
ENTERTAINMENT/
MEDIA/ INFORMATION
• Disney
• Nielsen
INVESTMENT &
FINANCIAL SERVICES
• Bank of America
Merrill Lynch
• BMO
• Brookfield Financial
• Capital One
• CIBC
• CPPIB
• Credit Suisse
• Dundee Capital Markets
• Equitable Bank
• HBC
• Mackenzie Investments
• Macquarie Group
• Manulife
• National Bank
• RBC
• Scotiabank
• Sun Life Financial
• Travelers
• TD Bank
• Waterton Global
Resource Management
CONSTRUCTION/
INFRASTRUCTURE/
REAL ESTATE
• Aecon
• Cadillac Fairview
• Emma Capital
• Oxford Properties
MANUFACTURING/
INDUSTRIAL/ CHEMICAL/
ELECTRONICS
• DuPont
• Dow Chemical
• GE
• Honeywell
• Tenaris
• Texas Instruments
ENERGY & RESOURCES
• Atomic Energy of Canada
• Haliburton
• Imperial Oil
• Shell
• Suncor
• Teck Resources
• TransCanada
LUXURY GOODS
• Christian Dior
HEALTHCARE
• Hamilton Health Sciences
• Harvard Medical School
• Health Canada
• Heart & Stroke
• The Hospital for
Sick Children
• John Hopkins University
• University Health Network
RETAIL
• Canadian Tire
• Indigo
• Loblaw
• Staples
• Tim Hortons
• Walmart
We’ll Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process, during
the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
Inside Back
Inside Front
average base salary
delta vs. pre-MBA job
of grads made at least
one career transition
(industry, function or city)
69% 93%
4.2
average years of
work experience
78
students
28
average age
The Full-time MBA has deliberately small class sizes and diverse student
backgrounds which make for an outstanding learning experience.
From countries including: Bangladesh,
Bulgaria, Cameroon, Canada, China, Costa
Rica, India, Ireland, Kenya, Lebanon, Mexico,
Nigeria, Pakistan, Peru, Philippines, Portugal,
Serbia, Turkey, and USA.
Academic backgrounds include arts, business,
economics, engineering, healthcare, law,
sciences, technology, and more.
58%
Canadian
students
42%
International
students
1%
non-binary
FTMBA | 16
CURRICULUM
Complete your MBA in 12 months and re-enter the workforce
with the knowledge and skills to begin advancing your career.
Our modern curriculum features relevant courses that align
with employer needs. Through specializations including Digital
Transformation and Management Analytics, you will gain a broad
understanding of the global business environment and be equipped to
handle today’s business challenges. Our integrated approach to teaching
encompasses a variety of methodologies. This will allow you to develop
a full understanding of business functions applicable to any industry.
There are two modules: the Foundations Level, which provides an
overview of business fundamentals; and Mastery Level, which enables
you to choose an area of interest.
Upon completion of the MBA, you may then choose to advance to
the Expert level by pursuing a second Master’s degree in this area
of specialization.
Outside Front
FTMBA | 17
Business
Fundamentals
Career
Concentrated
Electives
Business Pre-MBA
Preparatory Sessions
Expert Level:
Double-degrees
Smith offers optional non-credit, one-day sessions in topics such as Accounting,
Finance and Statistics, case preparation, and more.
The Expert Level enables you to apply some of your MBA credits to a second Master’s degree.
Currently there are five options:
• Master of Finance
• Master of Management Analytics
• Juris Doctorate
• Master of Science in Healthcare Quality
• Master of Management in Artificial Intelligence
There are multiple ways to pursue a second degree.
Foundational curriculum covering the core management skills required to lead in business.
Take eight elective courses and an optional
area of specialization. Earn a supplemental
certificate in that area of focus.
Substantial team and individual project
assignments allow for deep learning and
practical application.
Specializations are offered in the areas
of highest demand such as:
• Consulting
• Finance
• Marketing and Sales
• Entrepreneurship and Innovation
• Management Analytics
• Digital Transformation
• Business Analytics
• Business and Corporate Strategy
• Business, Government and the Global Economy
• Economics and Industry Analysis
• Finance Fundamentals
• Financial Accounting
• Introduction to Digital Business
• Leading with Integrity
• Managing Human Capital
• Marketing Fundamentals
• Negotiations & Conflict Management
• Operations and Supply Chain Management
• Professional Communication Skills
• Integrated Team Project*
JUL
JAN
FEB
MAR
APR
MAY
JUN
AUG
SEP
OCT
NOV
DEC
Inside Back
Inside Front
* Our project based courses offer a unique opportunity to work with Small to Medium Size
Enterprises (SME) and put into practice what you are learning throughout the program.
NEW
ELECTIVES
• Advanced Portfolio
Management
• Analytical Decision Making
• Consumer Focused Marketing
• Corporate Valuation &
Mergers and Acquisitions
• Creating & Executing
Market-Based Strategy
• Decision-making
in Competitive
Environments NEW
• Digital Execution NEW
• Digital Transformation NEW
• Diversity and Inclusion
in Organizations NEW
• Dynamic Strategy Analysis NEW
• Finance Strategy
• Financing of New Ventures
• Global Strategy
• Management Accounting
• Managing Agile Projects
• New Venture Management
• Organizational Intelligence
& Strategy NEW
• Pricing Analytics
• Risk Management
• Sales Management
• Strategic Problem Solving
& Insights NEW
• Strategic Service Operations
• Strategy Implementation
& Change
• Topics in Analytics NEW
• Tri-Colour Venture Fund
• Individual Project (mandatory)*
FTMBA | 18
Let Us Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process,
during the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada, K7L 3N6
Toll-free: 1.888.393.2622
PROFESSIONAL DESIGNATIONS
While completing your MBA at Smith, you
can begin a professional designation:
Options
CERTIFICATE IN SOCIAL IMPACT
Participating students have an opportunity to augment
their degree with exposure to the dynamic world of social
impact — exploring areas such as sustainability, social
finance, social innovation, social entrepreneurship, and
values-based leadership. By completing certain courses
and participating in key events and volunteer activities,
you can earn a Certificate in Social Impact.
FTMBA | 19
ADMISSIONS
We are looking for exceptionally talented and motivated individuals.
Academic strength, career progress, leadership potential, and strong
interpersonal and communications capacity are just some of the
characteristics we are seeking for Smith’s MBA Class of 2024.
Successful applicants will typically meet the following requirements:
• A four-year (or international equivalent) undergraduate
degree from a recognized university;
• Two years relevant work experience;
• An acceptable and complete GMAT or GRE score;
• If applicable, an acceptable score on an approved English
proficiency test (TOEFL, IELTS, PTE, or MELAB);
• Two professional references; and
• Completion of two video questions and one written response.
In compelling cases, exceptions may apply. Candidates who meet the
core requirements may be invited for an admissions interview.
FTMBA | 20
Fees and Scholarships
The MBA fee includes program enrollment,
all books, case materials and other
instructional supplies, events like case
competitions, career related non-academic
events, and executive coaching.
The fees for Class of 2024 (starting January
2023) are $83,444 CAD for domestic and
$104,100 CAD for international students.*
All qualified candidates who submit a
completed admissions application will be
automatically considered for a number of
entrance scholarships.
There is no application fee.
The Time is Now
Admission to the Smith MBA
is competitive. Applicants are
encouraged to apply early as space
and academic scholarships are limited.
Complete applications are reviewed
immediately upon receipt and
admissions decisions are rendered
after references are checked.
Key Program Dates
• Classes start — January
• Early round major scholarship
decisions — May 1
• International application
deadline — September 1
• Late round major scholarship
decisions — October 1
Let Us Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process, during
the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada, K7L 3N6
Toll-free: 1.888.393.2622
A22.0043
Financing
Domestic students
Smith School of Business has partnered with
RBC to offer a student line of credit tailored
to your needs.
Those accepted into the Full-time MBA
Program can now apply for the Ontario
Student Assistance Program (OSAP).
Visit smithqueens.com/ftmba for detailed information
on fees, scholarships and financing options.
*Fees are subject to final approval from the Queen’s Board of Trustees
FTMBA | 21
At Smith School of Business
we provide a highly personalized
experience from initial inquiry,
through the admission process,
during the program, and after
graduation.
From the start we will work with you to
assess your fit for the program and help
you apply for admission. We’re looking
for outstanding individuals with stellar
academic capacity, a great work ethic,
the ability to work effectively in teams
and strong interpersonal skills.
For more information on
the admission process
and requirements go to
smithqueens.com/ftmba
LET US
HELP
YOU GET
STARTED
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada K7L 3N6
Toll-free: 1.844.533.1651
smithqueens.com/ftmba
A21.0064 Information in this brochure is accurate at time of publication.
“where big ideas come to life
and bold leaders thrive”
Vision
Mission
“we create innovative research,
unparalleled learning opportunities
and meaningful engagement with
our community”
Welcome to Haskayne
The Haskayne School of Business was founded at the University
of Calgary in 1967, and is home to some of Canada’s brightest and
most accomplished minds. Haskayne prides itself on being
a leader in knowledge creation and has established specialized
centres to further prepare the next generation of leaders in key
industries including entrepreneurship and innovation, advanced
leadership, social entrepreneurship, sustainability, and real estate.
Haskayne has nearly 4,000 full- and part-time students enrolled in a
range of programs, including the Master of Business Administration
(MBA). An important member of the Canadian and international
business communities, Haskayne maintains partnerships spanning
the globe and an alumni network of 27,000 across 90 countries.
Haskayne’s reputation is one of distinction, integrity and innovation.
Haskayne was one of the first business schools in Canada to be
accredited by the Association to Advance Collegiate Schools of
Business (AACSB) in 1985, a stamp of quality held by less than five
per cent of the world’s schools offering business degree programs.
2 | Haskayne School of Business Haskayne MBA | 3
Why take your MBA
at Haskayne?
There are many MBA programs to choose from and committing
to a program means an investment of both time and money.
At Haskayne, our commitment is to empower you to become
a leader as you live, work and learn. The Haskayne MBA program
encompasses six elements that are critical to maximize your
experience both in and beyond the classroom.
01 An enhanced understanding
of business principles
02 Unique degree specializations
03 An immersive and enriched
learning experience
04 Flexible programs
05 A connected and supportive network
06 Access to one of Canada’s most dynamic
business communities
The Haskayne MBA is ranked among the top BETTER
WORLD MBAs by Corporate Knights. This prestigious global
ranking names MBA programs that best equip graduates
with the
“ability to change
the world for the
better.”
4 | Haskayne School of Business Haskayne MBA | 5
“I first entered the Haskayne MBA program
as a way to broaden my horizons and to
add to my engineering knowledge base.
The MBA reshaped the way I see the world,
and things that were hidden to me before now
became clear. I am fond of saying that my
engineering degree taught me how to make
things, and the MBA taught me why to make
things. Without the business knowledge and
experience I gained through the program,
the reasons for engineering and technology
innovation could still elude me.”
Jon Neufeld, MBA’15
CEO, Tecterra
Enhanced understanding
of business principles
The Haskayne MBA program is built on a foundation of academic excellence and business
principles tailored to help you understand organizations from multiple perspectives.
Your core courses will give you the functional tools and knowledge you need to confidently
step into a leadership role.
Leadership Development
• Develop the ability to identify trends that
can impact leaders and leadership.
• Increase your self-awareness as it relates to
your leadership style, communication skills,
cross-cultural literacy and personal values.
Strategic Thinking
• Learn how to apply critical and strategic
thinking processes to business problems.
• Develop confidence in decision-making
on organization-wide matters.
• Gain the ability to think long-term with
an in-depth understanding of effective
problem solving.
Entrepreneurial Thinking
• Learn to identify and deliver new value for
organizations by utilizing entrepreneurial
thinking tools, models and frameworks.
• Practice engaging and empowering teams
through unique approaches to business.
Supply Chain and Business Analysis
• Learn how to use quantitative models to
transform raw data into impactful information.
• Gain the ability to conduct business analysis
and integrate results into decision-making.
• Understand the role of technology and
innovation in leading organizations effectively.
People and Organizations
• Enhance your understanding of human
behaviours in team dynamics.
• Gain a greater understanding of the critical role
marketing plays in the mind of the consumer.
• Explore the economic, political, social and legal
factors affecting organizational decisions.
Finance and Accounting
• Enhance your ability to make sound fiscal
decisions using a variety of financial and
accounting tools.
• Gain a greater understanding of financial
markets and their inner workings.
• Develop the ability to use economic models
in decision-making.
01
6 | Haskayne School of Business Haskayne MBA | 7
Entrepreneurship
and Innovation
Dive into project-based
learning to develop
an understanding of
the entrepreneurial
mindset. You will
learn about the startup and development
of high-potential
businesses, and
experience all aspects
of entrepreneurship
through real-world
learning experiences.
Marketing
Build a solid theoretical
foundation and
cultivate the skills
needed to understand
how customers make
choices and how firms
design products and
services. You will learn
how to make strategic,
market-related
decisions to sustain a
competitive advantage.
Finance
Gain an understanding
of the theory and
methodology of
modern finance and
its application to the
complex problems
facing financial
executives. You will
learn how to make
investment decisions,
provide counsel about
financial opportunities
and manage
investments.
Project
Management
Apply the management
principles from business
disciplines to the
project environment.
You will learn how to
strategically incorporate
planning, control,
scope, time and cost
processes, project
organization, and human
resources into project
management.
Global Energy
Management
and Sustainable
Development
Develop an
understanding of the
global energy industry
and the context
for decisions and
planning. You will learn
concepts, principles
and processes to
help navigate this
sector’s complex and
competitive landscape.
Business
Intelligence and
Data Analytics
Develop data
management skills
and conduct statistical
analysis, business
analysis, and system
analysis and design.
You will learn about
business intelligence
and analytic
technologies and how
best to communicate
the data.
Management
Analytics
Deepen your data
analysis skills and
generate insights
and business
recommendations.
You will learn how
to build databased models and
communicate datadriven decisions.
Real Estate Studies
The real estate industry
is experiencing
technological and
environmental changes.
You will learn about
new trends and how
to apply key concepts
to land acquisition and
development, project
financing, real estate
law, marketing, and
sales and property
management.
Unique degree
specializations and
combined programs
The Haskayne MBA gives you the opportunity to dig deeper into the topics that appeal most
to you by offering eight unique degree specializations to help you gain a competitive edge in
your career.
02
Haskayne MBA | 7
“My finance specialization and the global case studies used throughout the Haskayne MBA
program have definitely given me an upper hand in my career. Being able to apply what I learned
during my MBA classes, especially in the areas of evaluating finance decisions, ranking outcomes
and understanding global business concepts, has enabled me to make numerous sound and
efficient financial and strategic decisions in my place of work. I am now more confident in the
recommendations I make to our CEO as well as members of the board.”
Daniella Ikurusi, MBA’16
Executive Director, Bethsaida Foundation
8 | Haskayne School of Business Haskayne MBA | 9
COMBINE YOUR MBA
Combining your Haskayne MBA with a graduate degree in another field enables you to develop the
skills and knowledge needed to stand out in a highly competitive global market. You will gain the
ability to view an issue from multiple perspectives and develop a diverse professional network,
creating a unique competitive advantage.
The Haskayne MBA can be earned in conjunction with a degree in biotechnology, law, medicine,
nursing, planning or public policy. The combination can give you an extraordinary advantage in
your career.
Doctor of Medicine/Master of Business
Administration (MD/MBA) (“Leaders in
Medicine” Program)
The combined program with medicine positions
students to be successful in roles such as
entrepreneurship in health sciences, private
medical practice or management of public health.
Juris Doctor/Master of Business
Administration (JD/MBA)
The combined program with law positions
students to be successful in roles such as
practicing law within a corporation, running
a private practice or being a business advisor
on legal and regulatory environments.
Master of Biomedical Technology/
Master of Business Administration
(MBT/MBA)
The combined program with the Cumming School
of Medicine positions students to be successful
in roles at the interface of science and industry
such as management of health sciences,
within regulatory bodies and entrepreneurship
in technology.
Master of Public Policy/Master of
Business Administration (MPP/MBA)
The combined program with public policy
positions students to be successful in roles at
the interface of government and industry such
as corporate social responsibility officers, within
regulatory bodies and entrepreneurship in
non-profit.
Master of Planning/Master of Business
Administration (MPlan/MBA)
The combined program with the School of
Architecture, Planning and Landscape positions
students to be successful in management and
leadership positions in the field of real estate
including public engagement, land use and
public approvals.
“Developing an in-depth understanding of key business
principles and building your strategic thinking skills
are essential for any lawyer practicing in not only
a corporate commercial environment but in any field
of law. The knowledge I gained from my courses in the
Haskayne MBA program gave me an advantage over
my peers and better prepared me to be the lawyer
I am today.”
William Katz, JD/MBA’16
Associate, JSS Barristers
10 | Haskayne School of Business Haskayne MBA | 11
Immersive and enriched
learning experience
03
Adventure Leadership Education
Revolutionize your student experience by
participating in outdoor learning and other bold
adventure-oriented programs in the Canadian
Rockies. Develop the skills that empower you
to take action and enhance your professional
performance. These unique opportunities include
a wilderness retreat, dojo martial arts and drum
circles. Discover the type of leader you want
to be.
Case Competitions
Join a fiercely competitive team to compete in
real-life business cases that cover a variety of
business scenarios. You will have the opportunity
to expand your network with students and
professionals from across the globe.
Creative Destruction Lab (CDL) Rockies
Experience the evolution of cutting-edge science
and learn to accelerate business growth with
a laser-focused program where a group
of carefully selected and highly successful
entrepreneurs and angel investors break down
complex business challenges and define high
priority measurable objectives to be achieved
in eight-week sprints.
MBA students have the opportunity to
support ventures in business development,
market research, financial modeling and
scaling strategies.
Haskayne Student Experiences Fund
(SEF)
Enhance your learning experience through the
Haskayne Student Experiences Fund, which
will help you participate in activities that foster
personal and professional development outside
of the classroom, nationally and internationally.
The SEF has funded experiences including the
International Young Leaders Assembly at the
United Nations Headquarters, the Silicon Valley
Discovery Tour, Women in Business events and
new, innovative case competitions.
International Exchanges
Understand the global context in which business
is conducted and expand your personal
and professional network on a global scale.
The Haskayne School of Business has carefully
selected over 20 leading business schools from
around the globe to facilitate both full-term and
short-term exchanges.
Jarislowsky Fellowship in Business
Management
The Jarislowsky Fellowship in Business
Management provides a unique opportunity to
enrich your experience through engaging with
successful leaders in business and in the social
and public sectors. You will be exposed to
a holistic business perspective through community
involvement, arts, international culture, politics
and diversity. Through events and networking
opportunities, you will better understand the
many factors that create a successful business.
Jane Zhang, MBA’16
Co-Founder and COO, ETCH Sourcing
“The Haskayne MBA program really allows you to get what you want out of your student
experience. I wanted to further my international business experience and build unforgettable
relationships, so I did two exchanges, one to Germany and one to England, participated in the
Global Business Challenge and took both the Finance and Global Energy Management and
Sustainability degree specializations. Through experiencing and learning new ways of living,
doing business and thinking, I was able to elevate my approach to business.”
At Haskayne, learning is not limited to the classroom. The Haskayne MBA program offers diverse
and innovative opportunities for you to enrich your MBA experience.
12 | Haskayne School of Business Haskayne MBA | 13
Haskayne programs for the emerging leader to the experienced professional
Did you know that the Haskayne School of Business offers a variety of specialized degree programs and
enhanced learning opportunities? Learn more about the Master of Management, Executive MBA, Master
of Science in Sustainable Energy Development, Doctor of Business Administration and PhD program at
haskayne.ucalgary.ca
“Taking the Haskayne MBA evening
program allowed me to take my learnings
from class and practice them in my work
environment the very next day. I was able
to transition quickly into conversations
about finance, strategy and organizational
effectiveness simply by being mindful of
the discussions from class the day before.
Transversely, we used real-life scenarios
from our professional lives and worked
through strategies to solve issues with our
classmates – it was like having a coach and
a support team with new tools to practice
each day.”
Joanna Desjardins, MBA’12
Sr. Specialist, Business and Corporate Development,
Cenovus
Flexible programs
The Haskayne School of Business has developed various MBA program delivery
options to help you find a program best tailored to your needs.
Daytime MBA
Through 20 months of intensive full-time study and real-world projects, you will hone
your leadership capabilities while gaining valuable insight and experience into today’s
modern business environment. Starting in September, you will be in class full-time,
allowing you to fully immerse yourself in the MBA experience. You will have the chance
to get involved in numerous extracurricular activities including case competitions,
conferences, international exchanges, speaker series and more. You may choose
a specialization after the first year and consider doing a combined degree with
another faculty.
Evening MBA
The evening program is structured to allow you to continue working while completing
your MBA in three years. Beginning each September, you will take classes two evenings
a week plus one intensive block-week every semester. Our practical approach means
you can apply new skills immediately to your workplace. Projects are designed to
create visibility and opportunities for you within your organization. You may also
choose a specialization, participate in the mentorship program and qualify for an
international exchange.
Accelerated MBA Option for Business Graduates
Built specifically for graduates of business programs, the accelerated MBA option
provides students with the opportunity to reduce their program length in half.
Upon meeting the admission requirements, you are eligible for nine course exemptions
bringing your total MBA course requirement to 11 courses. You are required to take three
core courses that build and develop your strategic thinking and leadership skills.
The remaining eight electives are an opportunity to specialize and tailor your degree
to your interests and career goals.
04
Haskayne programs for the emerging leader to the experienced professional
Did you know that the Haskayne School of Business offers a variety of specialized degree programs and enhanced learning opportunities?
Learn more about the Master of Management, Executive MBA, Master of Science in Sustainable Energy Development, Doctor of Business
Administration and PhD program at haskayne.ucalgary.ca
BLOCK WEEK
At the beginning of the Fall, Winter and Spring semesters, before the start of regular classes, some
courses are offered in a short intensive format over the course of five days. This allows you to finish
one class prior to the beginning of each semester, thus reducing your program length.
14 | Haskayne School of Business Haskayne MBA | 15
Connected and
supportive network
As a Haskayne MBA student, you will have access to a large and supportive network of people
here to help facilitate your educational growth and career advancement.
Haskayne Career Centre
A career team that offers customized career coaching. The Haskayne Career Centre has dedicated MBA
Career Consultants focused on supporting you as you build and advance your career. Take advantage of
a one-on-one career consultation in which you can fine-tune your interview and resumé writing skills, as
well as gain the tools you need to build a network of business contacts. To accommodate your personal
and professional schedules, you also have the flexibility of meeting consultants at Scurfield Hall on main
campus, or at our downtown campus location. Other opportunities offered by the Haskayne Career
Centre include:
• Career webinars
• Crack the case workshops
• Career fairs
• Office tours
• LinkedIn personal profile enhancements
The BMO Mentorship Program at the Haskayne School of Business
A unique and valuable opportunity to be paired with an established member of the Calgary business
community. This is an excellent way for you to build and develop your professional identity through
networking and gaining insight into industry.
Haskayne Alumni Network
Get connected to Calgary and Canada’s business community. As a Haskayne MBA student, you will
have access to one of the most influential alumni networks in Canada as you advance your career.
Take this exceptional opportunity to form relationships with, and learn from, Haskayne’s 27,000 alumni
across 90 countries.
05
16 | Haskayne School of Business Haskayne MBA | 17
“As an international student from India,
becoming part of the Calgary community and
Haskayne family was
a wonderful experience
filled with academic progress, professional
development and, above all, network
enhancement.
I turned my Haskayne MBA
into an experience, not merely an academic
degree.
I became
a student representative for
the career centre, participated in ICBC case
competitions, and went to several networking
opportunities and career fairs.
I cherished
working in teams on real-life, case-based
projects, with
a cohort diverse in cultures
and international experience.”
Prakash Kandala
, MBA’14
Associate, Castleton Commodities
International (former)
Access to one
of Canada’s
most dynamic
business
communities
One of Canada’s most dynamic and enterprising cities,
Calgary attracts the best and the brightest workforce from
around the globe. It boasts one of Canada’s most educated
populations
1
and has the most head offices per capita
in Canada
2
. Calgary also has the second highest small
business concentration of major cities in Canada
3
and is
the third most diverse metropolitan area in Canada
4
.
Ranked as one of the top five best cities to find a job out of 100
global cities
5, it’s no wonder Calgary is among the best places
to live in Canada. Calgary is ranked as the cleanest, safest, and
most liveable city in North America and has some of the most
affordable living and stable healthcare and education in the
country
6
.
Calgary is a city with a strong sense of community,
collaboration and support and is a great place to start or
grow your career.
Calgary is the perfect place to live,
work and learn.
1. Calgary CMA, Census 2016, Statistics Canada | 2. FP500 Database, 2018 | 3. Statistics Canada,
2017 | 4. Census 2016, Statistics Canada | 5. Cities of Opportunity: Best Cities to Find a Job,
Movinga, 2018 | 6. Calgary Economic Development, 2019
06
18 | Haskayne School of Business Haskayne MBA | 19
#5 #3 #2
CALGARY IS RANKED:
1. City Health Monitor, The Conference Board of Canada, 2016 | 2. fDi American Cities of the Future, 2017-2018 | 3. Economist Intelligence Unit, 2019
in healthy lifestyle and life
satisfaction in Canada1
North America’s top
business-friendliness cities2
most liveable city in
the world3
Two years of
progressive
work experience 2
after graduation
A TOEFL
score of 97 or higher
- or -
an IELTS
score of 7 or higher
(applicants for whom English
is a second language)
Successful completion of a four-year
undergraduate degree*
(minimum 3.00/4.00 GPA)
GMAT
score of 550
YEARS
Admissions
Application to the Haskayne MBA is competitive and based on a holistic review of each applicant’s
academic documentation, letters of reference, statement of career and learning goals, and
professional resumé.
TUITION AND FUNDING:
For current tuition and funding information please visit our website at haskaynemba.ca
APPLICATION DEADLINES:
We offer acceptance to the Haskayne MBA program through several admissions rounds. Scholarship and
award decisions are made alongside admissions decisions. To have the best chance of admission to the
program, applicants are advised to submit their complete package as early as possible, as the program
may be full prior to final application deadlines.
For more information on application deadlines, please visit haskaynemba.ca.
ADMISSION REQUIREMENTS:
*Please note: For the Accelerated MBA program, a four-year business undergraduate degree is required.
“where big ideas come to life
and bold leaders thrive”
Vision
Mission
“we create innovative research,
unparalleled learning opportunities
and meaningful engagement with
our community”
Where do you go
from here?
CONNECT WITH US:
Arrange a one-on-one appointment with
our admissions team or contact us with any
questions you may have.
mba@haskayne.ucalgary.ca
LEARN MORE AND APPLY NOW:
haskaynemba.ca
Contact us
Haskayne School of Business
Master of Business Administration
2500 University Drive NW
Calgary, AB T2N 1N4
CANADA
haskaynemba.ca
Apply today
haskaynemba.ca
An MBA is a graduate-level business degree designed to give professionals the critical knowledge they need to step into management and leadership roles in companies. It's a prestigious symbol to an employer that you are steeped in the art and science of business management and can apply your expertise to a wide range of industries, from accounting and finance to marketing, international business and many more.
MBA stands for Master of Business Administration. At its core, it's a degree that can help you learn to solve complex business problems, give you the expertise to lead across departments and industries and offer the skills you need to succeed in a fast-paced, evolving job market.
"The Master in Business Administration prepares professionals with foundational and core knowledge to develop the know-how to manage, lead and solve problems in complex global business environments," said Dr. Katie Carpen, an associate dean of business administration at Southern New Hampshire University (SNHU).
What Are MBA Courses All About?
Unlike many other degree programs that often focus on knowledge and skills specific to a particular industry, you can apply the learning you do in an MBA program to management roles across an almost impossibly diverse group of fields, said Carpen.
"The MBA remains the premier degree for business students and provides learners with the opportunity to develop knowledge, skills and abilities that employers seek in generalists, specialists, strategists or entrepreneurs," she said. "The MBA curriculum shows the interconnectedness of business functions, processes and people."
The coursework of MBA programs — which generally includes readings, lessons, projects and internships–often “integrates cross-cultural, geopolitical and systems knowledge,” Carpen said. Courses are designed to help learners:
Identify and assess problems to find or create solutions
Make ethical, legal, sustainable and data-driven decisions
Operate and lead in complex business environments
“In a program like ours, (students) can build their confidence as researchers and develop their academic voice, which in turn supports their professional or consultative voice,” said Dr. Kimberly Blanchette, academic associate vice president of STEM and business programs at SNHU.
Is Getting an MBA Hard?
Like all types of graduate degrees, earning an MBA is intended to challenge you so you can advance as a professional. You'll likely encounter new concepts and situations that can help you develop your skills in problem-solving, critical thinking, decision-making and people management, among others.
Some MBA programs approach course material with practical applications in mind. At SNHU, for example, MBA courses use scenario-based learning, allowing students to consider their approach to realistic business problems and decisions. This means you'll be better prepared to apply learning outcomes to situations that arise in your professional life.
It's important to note: You won't be going through the program alone, even if you're earning your MBA online. Your instructors are there to provide clarity and support as you work through subject material — and they can answer questions you might have along the way. Some schools also offer free tutoring services available to you no matter what day or time you're completing coursework.
Should I Get an MBA?
As a business professional, you can benefit from an MBA in many ways, including increasing your knowledge of advanced business concepts and strategies and gaining greater flexibility in your career options. The Graduate Management Admissions Council (GMAC) conducts an annual survey of hiring managers and recruiters. The group's 2022 Corporate Recruiters Survey shows 92% of the U.S. companies that responded planned to hire people with MBAs (GMAC 2022 PDF Source).*
[Image: A blue infographic with the text GMAC survey shows 92% of U.S. companies plan to hire MBA grads in 2022]
An MBA can be a tool to advance your career in nearly any industry, from business to finance and in disciplines such as engineering, information technology and healthcare.
"Everything is business as you progress up the ranks of leadership," said Kate Noor, an academic advisor and adjunct faculty at SNHU. "An MBA is great for those in a 'traditional' business setting, but every industry has room for an MBA in some capacity. What you learn is beyond just crunching numbers. You're also learning how to motivate your workforce and how to be an ethical and effective leader."
[Image: Terrell Wong with the text Terrell Wong]
Terrell Wong '19MBA, a director on Major League Soccer’s LA Galaxy partnership activation team, earned his MBA online at SNHU. He said it improved his understanding of business in general, but also some of the projects the Galaxy and its parent company, AEG, are involved in. In addition to having the credential under his belt — and on his resume — he said the program deepened his knowledge and skills, preparing him for new career opportunities.
“For me, to get the MBA in Marketing... has really given me an opportunity to open up and jump at any opportunity that comes,” he said.
What Does an MBA Do for You?
Earning an MBA is ideal if you're interested in advancing on the corporate ladder. While it depends on the size and type of company you work for and your professional experience, most MBA holders are qualified for middle or senior-level management positions, Carpen said.
[Image: Kelly Charest with the text Kelly Charest]
“When it comes to the professional value of earning an MBA, the driving factors usually include enhanced marketability, earning potential, transferability, domain knowledge and skill sets that are essential to the business environment,” she said. “An MBA program develops a person’s critical, creative and strategic thinking all within the scope of starting, running or growing an organization.”
For Kelly Charest ’21, an MBA unlocked new possibilities for her. She started her MBA program hoping to advance her career, and upon completing her degree, she did just that.
“Within a few months of graduating, I received a job offer for a position that offered me a great deal of advancement and promotion,” said Charest.
An MBA Gives You a Recognized Credential
[Image: Dr Kimberly Blanchette with the text Dr Kimberly Blanchette]
An MBA from an institution accredited by the Accreditation Council for Business Schools and Programs (ACBSP) or another major accrediting body carries a certain prestige and reputation — one that is recognized around the globe. That’s because graduates with an MBA are generally considered masters in understanding business, especially from a strategic leadership perspective.
“It’s a respected credential that signals to employers a person’s ability to look at business administration in a holistic, strategic manner while also understanding how the specific functional units work separately together,” Blanchette said.
More companies than ever are planning to hire new MBA graduates, and recruiters are increasingly trusting of the training and education a business degree provides, according to GMAC. Since more recruiters think business degrees successfully prepare workers for the field, these degrees now have more real-world value.
An MBA Can Improve Your Versatility and Stability
[Image: A blue infographic with the text An MBA can: Give you a recognized credential; Improve your versatility and stability; Help you network; Increase your earning potential]
Technology, including artificial intelligence and machine learning, is changing or even disrupting entire industries.
“In the long term, MBA graduates are much more versatile employees with regard to where and how organizations can make the best use of their talents,” Blanchette said. “As technology takes care of the more basic types of tasks or services, employers want people who can critically think and reason, who can analyze and leverage data, which is what an MBA prepares a person to do."
The knowledge and skills of MBA graduates prove advantageous across various disciplines, industries and organizations, especially relative to other master’s degrees.
For example, when comparing an MBA to a master’s degree in a related field (such as information technology, accounting or data analytics), the MBA offers a cohesive, well-rounded curriculum, which can benefit a range of professionals, whether they’re in strategic, operational, generalist or specialist positions.
“That’s really the driving force behind the ‘MBA preferred’ language you often see included in position descriptions,” Carpen said.
An MBA Can Help You Network
Another benefit to being enrolled in an MBA program is the networking and connections learners make with the faculty, classmates (who are often fellow professionals or entrepreneurs), alumni, guest speakers and more.
Upon graduation, you'll also enter into your institution's alumni network — and at a university like SNHU, that's over 200,000 alumni. This is a valuable resource that allows you to connect with and learn from a growing number of MBAs for years to come.
In addition, both before and after graduating, MBA students and degree holders can often join professional associations, such as the:
Association of MBAs
National Black MBA Association
Reaching Out MBA
An MBA Can Increase Your Earning Potential
There are also salary considerations when thinking about earning your MBA. According to GMAC, median starting salaries for MBAs at U.S. companies were estimated at $115,000 in 2022.* That's almost double the average salary for workers in the United States, as noted by the U.S. Bureau of Labor Statistics (BLS).*
An MBA also might help you land a higher-paying role at your current place of work. BLS noted some of the best-paying business positions and their average salaries in 2022:
Chief executives: $246,440 per year*
Financial managers: $166,050 per year*
Marketing managers: $158,280 per year*
Sales managers: $150,530 per year*
What Can I Do With an MBA?
[Image: Dr. Katie Carpen with text Dr. Katie Carpen]
One of the most critical steps to finding success with your MBA degree is applying your learning to the real world, whether that's in your current job, embarking on a new career path or even launching your own entrepreneurial endeavor.
As a business generalist, you can fill a variety of functions at a company. Carpen recommended identifying where there are frequent job openings and your career goals. If you notice any overlap, that could be a perfect focus for your studies. In many MBA programs, you will have the opportunity to personalize your degree and advance your expertise in a specific area of business with elective courses or degree concentrations. Be sure to research concentration options at your university; there may be many you aren't aware of — at SNHU, for example, there are 17 different concentrations to consider.
"For instance, an MBA with a concentration in business intelligence, operations management or project management may provide more career opportunities within the respective fields," Carpen said.
The types of MBA concentrations can include both general business fields and industry-specific subjects, such as:
MBA in Business Analytics
MBA in Finance
MBA in Healthcare Management
MBA in Human Resources
MBA in Project Management
[Image: Cristina Velez and the text "Cristina Velez"]
You can also begin your program, see what types of courses best grab your attention, and then decide how to focus your degree.
“Our advice to students that are unsure of MBA concentrations is to work on core classes first and decide at the end of the program which area they were more attracted to or enjoyed the most," said Cristina Velez, an assistant director of academic advising at SNHU. "We also advise students to go talk to their career advisor and navigate the different careers in different business areas, to make sure they choose a concentration where they will see themselves succeed."
Dr. Thomas Scott '15MBA had already completed his undergraduate degree, medical school and a 4-year residency and was leading a series of urgent care centers when he decided he needed to learn the language of business. It was an MBA degree that helped him develop the skills he needed.
[Image: Dr. Thomas Scott with the text Dr. Thomas Scott]
“As I got further along in my professional career, I realized the need for more education,” Scott said. “I didn’t think about it until I was far into the administrative part, thinking the people sitting in front of me were speaking a language I didn’t. That’s when I realized I needed to go back (to school) and learn it. I need to understand what these people were saying if I wanted to work forward.”
Scott chose a concentration in healthcare informatics, which paid dividends in his role leading a small team of administrators.
“A lot of my MBA comes into play because we have a lot of decisions to make, and we’re not a giant corporation with people telling us what to do,” he said.
Adding a specialization within your MBA program can also help make you uniquely qualified for specific roles within a company. The GMAC 2022 Corporate Recruiter's Survey found that hiring demand was highest in healthcare, consulting, technology and energy/utility industries.
A 2019 version of the report goes on to identify the top jobs by industry (GMAC 2019 PDF source):
Consulting: Information technology, engineering management and economics
Energy: Engineering management, information technology, economics
Finance/Accounting: Economics, information technology, risk management
Healthcare: Health administration, marketing, supply chain management
Technology: Information technology, engineering management, supply chain management
Manufacturing: Supply chain management, engineering management, information technology
Nonprofit/Government: Public administration, health administration, educational leadership
Products/Services: Marketing, supply chain management, information technology
MBA Degree Requirements and Preparation
While MBA admission rules often vary among programs and institutions, a bachelor's degree is a standard requirement to enroll in any master's level program.
Prerequisites for an MBA: Earn a Bachelor's Degree
While having prior business education experience can be beneficial when enrolling in an MBA program, most programs do not require that an applicant hold a business degree to apply.
"Earning an MBA is an option for any learner with a bachelor's degree," Carpen said. "Most MBA programs require students without a bachelor's degree in business to complete prerequisite foundational courses in core business content, such as business math, statistics, finance, accounting and economics."
You may also be able to use approved prior learning assessments or testing tools to prove your knowledge in these content areas and meet program requirements while saving time and money on foundational courses, Carpen said.
Find the Right Program: Consider Goals, Do Research
Once you've decided to go back to school, it's important to consider your reasons for getting an MBA. With so many programs available, knowing what you want will help you find the right one.
For example, going to school might be your full-time job right now, and you prefer to learn in person. Attending a traditional brick-and-mortar college could work for you. Or, maybe you're working and supporting a family, and going to school online is the best option.
Some online programs offer rolling admission and terms year-round, meaning you can start and finish faster. At SNHU, for example, you can earn your MBA online in just over one year if you take two classes at a time.
Know what's important to you when it comes to earning an MBA and do your research.
The Application Process: Gather Necessary Materials
Most universities require a graduate application and undergraduate transcripts from the college or university where you completed your bachelor's degree, according to the Princeton Review.
Some programs might also have other requirements, such as sitting for an admission interview or submitting an essay, resumé or letters of recommendation. You might also be asked to take an entrance exam.
Many schools require the Graduate Management Admission Test — or GMAT — to assess analytical writing, integrated reasoning, quantitative and verbal skills, and some use GMAT results to determine admission eligibility. But like many standardized tests, the GMAT’s effectiveness has long been debated. Does it accurately measure subject knowledge or how well a person prepares for a specific test?
Some schools, including SNHU, have designed MBAs that don’t require GMAT scores. This saves you time and money. By not having to shell out a few hundred dollars per test, you could put those savings toward books for your first few classes. While costs are a concern, the other big place that people like to save comes in the form of time. Preparing for the exam can be time-consuming, especially for adult learners who are already carving out time to further their education.
Consider Costs: How to Pay for Your Degree
Another essential step toward enrolling in an MBA program is determining how you'll pay for your degree. Luckily, there are several approaches you can consider.
Financial aid may be available for those who apply and qualify through the Federal Application for Financial Student Aid (FAFSA). Private student loans may also be an option to finance your degree, and there are many types of scholarships that might be of interest to you.
If you're earning your MBA while working full-time and hoping to advance your career within your current organization, you may also qualify for tuition reimbursement as an employee benefit. Be sure to check with your human resources department about any educational benefits your company offers.
[Image: Kate Noor with text Kate Noor]
While there are not as many MBA scholarships available as undergraduate scholarships, there are some opportunities if you're willing to put in the time and effort to apply for them, Noor said.
"Every school has different options, so always do your research, as you should with any large investment of your time and money," she said. Don't be afraid to reach out to your college or university's Student Financial Services office to speak with a counselor about your options.
Charest earned her bachelor's in communication at SNHU and thought it was a no-brainer to continue on to her MBA. She knew the cost was reasonable, and the online courses were worth it for the education and support she would receive.
“The price was comparable if not better than other options, but being an alumnus, it allowed me to just step right back in with a lot of ease,” said Charest. “I also enjoyed how responsive, helpful and proactive the academic advisers were.”
And be aware that there are big differences in tuition costs between the MBA programs at different universities. By doing your homework, you can determine which school offers the MBA program that is the best value for achieving your goals.
Is it Worth Getting an MBA?
An MBA can be beneficial to business professionals for many reasons. Some of the main benefits Carpen cited included:
Developing an authoritative voice through critical and strategic thinking
Enhancing your knowledge, skill set and ability to make evidence-based decisions
Strengthening your professional communication skills
Increasing your marketability by earning a degree that mixes the hard and soft skills employers are looking for
Before embarking on her career in higher education, Carpen was a recruiter for Fortune 500 companies and found that those employers were interested in hiring MBA holders because they are known for their "critical, creative and strategic thinking to start, run or grow an organization."
Especially if you are like so many professionals interested in an MBA who already have a full-time career as well as family responsibilities to balance, an online program may give you the flexibility you need. Studying online can allow you to fit your learning into your daily life, taking as many courses each term as you can handle and accessing course materials at the times that work best for your schedule.
"It's all about finding the balance that works for you," Noor said. "At the end of the day, take the time you need to do well. And make sure you take some time in your week to do something for you. ... Make sure you are prioritizing what is important, whatever that looks like for you. Without these things, you cannot learn properly."
Discover more about SNHU’s MBA program: Find out what courses you'll take, skills you’ll learn and how to request information about the program.
*Cited job growth projections may not reflect local and/or short-term economic or job conditions and do not guarantee actual job growth. Actual salaries and/or earning potential may be the result of a combination of factors including, but not limited to: years of experience, industry of employment, geographic location, and worker skill.
Joe Cote is a staff writer at Southern New Hampshire University. Follow him on Twitter @JoeCo2323.
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About Southern New Hampshire University
[Image: Two students walking in front of Monadnock Hall]
SNHU is a nonprofit, accredited university with a mission to make high-quality education more accessible and affordable for everyone.
Founded in 1932, and online since 1995, we’ve helped countless students reach their goals with flexible, career-focused programs. Our 300-acre campus in Manchester, NH is home to over 3,000 students, and we serve over 135,000 students online. Visit our about SNHU page to learn more about our mission, accreditations, leadership team, national recognitions and awards.
Daniel is a MarketWatch Guides team writer and has written for numerous automotive news sites and marketing firms across the U.S., U.K., and Australia, specializing in auto finance and car care topics. Daniel is a MarketWatch Guides team authority on auto insurance, loans, warranty options, auto services and more.
Writer
Edited by:
Rashawn Mitchner,
Edited by: Rashawn Mitchner Managing Editor
Rashawn Mitchner is a MarketWatch Guides team editor with over 10 years of experience covering personal finance and insurance topics.
Senior Editor
For the most part, getting new car insurance is pretty similar to buying coverage for any other vehicle. There are some particulars, however, and you may have different needs when it comes to insuring a new car than if you were protecting a used one.
We at the MarketWatch Guides Team take an in-depth look at how to get auto insurance for a new car, from the essential types of coverage to how much it might cost you. We also share a few recommended providers from our 2023 list of the best car insurance and cheapest car insurance companies to help you get started.
Key Takeaways:
Most dealers and dealerships require you to have car insurance before you purchase a new vehicle.
Some insurance companies offer a grace period, which allows you to purchase and drive a new vehicle for a set amount of time without starting a new insurance policy.
The best way to get new car insurance is to shop around and get car insurance quotes to find the right provider for you.
Related Resources Cheapest Car Insurance 10 Largest Car Insurance Companies in the U.S. Best Car Insurance Companies Average Cost of Car Insurance
In this review:
When To Buy Insurance for a New Car
How Much Does Insurance Cost for a New Car?
How To Get Insurance for a New Car
New Car Insurance Coverage
New Auto Insurance: The Bottom Line
New Car Insurance: FAQ
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When To Buy Insurance for a New Car
You should get insurance for a new car as soon as possible since most vehicle dealerships require proof of insurance before you drive off with a new vehicle. However, when you need to get the insurance depends on whether the dealer offers a grace period, which gives you time after purchase to get a car insurance policy. Even with this in mind, we recommend that you compare policies from multiple car insurance providers before purchasing a new car.
New Car Insurance Grace Period
If a company offers a grace period, it typically lasts seven to 30 days from the date of purchase. This grace period is a set amount of time in which you’re allowed to drive your vehicle without starting a new insurance policy. Whether you have a grace period depends on a few factors, including:
Insured status: One reason you may have a grace period is that you are rolling over your previous insurance policy into a new one. In this situation, your old coverage types and limits may apply until a new car insurance policy starts.
Insurance company: Grace period rules can vary significantly by insurer. For example, Progressive allows for a 30-day grace period, while some providers have none at all.
Since grace periods vary from company to company, it’s best to figure out exactly what your policy will allow for. You can find this information in the fine print of your contract, but it may be easier to ask an insurance agent.
When Does a New Car Insurance Policy Start?
If you buy insurance before taking ownership of a new car, the policy will begin the moment you drive your vehicle off the lot. This is often required by dealerships because it’s illegal for anyone to drive without auto insurance.
You’ll need the following information on hand to start a new car insurance policy before buying the vehicle:
Purchase price
Vehicle identification number (VIN)
Your contact information
Most car insurance providers will be able to start your policy within 24 hours. You can even find same-day insurance from many auto insurance companies.
How Much Does Insurance Cost for a New Car?
According to our research, the national average cost of full-coverage car insurance is $1,730 per year. Your premium, however, is likely to vary based on personal and car-specific factors.
Technically speaking, whether a car is new or used doesn’t factor into your premiums. However, you’ll see rates go up for a new car if it’s more expensive overall than your previous car.
Best Insurance for New Car
In our research, we found that State Farm tends to be the best overall car insurance provider due to its affordable rates, coverage options and customer service. However, there are several other providers worth considering as well, if you’re looking for the best insurance for your new car.
Car Insurance Provider Overall Rating Annual Cost Estimate
State Farm 9.3 $1,481
USAA 9.2 $1,054
Geico 9.1 $1,308
Erie Insurance 9.0 $1,238
Travelers 9.0 $1,669
Liberty Mutual 9.0 N/A
Auto-Owners Insurance 8.8 $1,337
Progressive 8.7 $1,611
Nationwide 8.7 $1,281
Country Financial 8.6 $1,295
What Factors Affect New Car Insurance Costs?
The value of your vehicle is just one of many factors that insurers use to determine premiums. When you insure any vehicle, new or used, several things are taken into account, like your age, driving history and credit score.
[Image: Icons showing the factors that influence the cost of car insurance]
Here are additional factors that affect the cost of car insurance:
Age: Younger drivers and especially teen drivers typically pay higher premiums than drivers in other age groups. How long you’ve had a driver’s license can also be a factor, as experience usually leads to responsible driving behaviors.
Driving history: A clean driving record gives you access to the lowest rates. Any at-fault accidents, speeding tickets or driving under the influence (DUI) violations could greatly boost your premiums.
Credit score: In states where it’s legal, insurance companies typically charge drivers with poor credit scores more for coverage than those with average or good scores.
Location: Car insurance rates vary from state to state, but they also vary within states. Those in New York City or in one of California’s urban areas will often pay far more for coverage than drivers in rural regions nearby.
Marital status: Some insurance companies charge married drivers less for coverage than drivers who are single.
Types of coverage: The types of insurance that you include on your policy make a big difference in what you’ll end up paying. Minimum coverage policies will usually be the cheapest, with additional coverages increasing your cost.
Coverage limits: The limits you set for insurance coverage play a major role in your premiums. Generally speaking, your monthly premiums will be less if you have lower coverage limits.
Deductible: Your deductible, which is the amount you’ll pay out of pocket for repairs or a total loss claim, can also affect your insurance premium. In most cases, your premium will be less if you have a high deductible on your new car insurance policy.
Discounts: Most insurance companies offer discounts on their coverage. One of the most common is a bundling discount for combining your auto insurance policy with other insurance products such as homeowners, renters or life insurance.
How To Get Insurance for a New Car
Buying a new car insurance policy is mostly the same as getting insurance for any other car. With most insurers, you should be able to find coverage, purchase it and start your policy while you wait at the dealership.
Getting New Car Insurance
The process for getting new car insurance coverage is relatively simple. You’ll just need to follow these steps:
Prepare the information needed to start getting quotes. This includes the car’s VIN number, purchase price and your contact information.
Start shopping for free quotes. You can compare car insurance quotes online quickly and easily with most providers. We recommend getting estimates from at least three providers before making a decision.
Choose your insurance provider and plan. Pick the quote that offers you the best combination of cost and peace of mind. You should be able to start your auto coverage policy almost immediately.
Give the dealership your new insurance card. Most companies now offer a mobile app that allows you to pull up your insurance card whenever you need it. You’ll be able to send this to the dealership to get your keys, usually through an emailed PDF copy.
New Car Insurance Coverage
For the most part, new cars don’t require any different types of insurance coverage than other vehicles. The kinds and amounts of coverage you need depend on other factors, such as where you live and whether your lender has extra requirements if you take out a new car loan.
[Image: A table that shows what the six standard types of insurance do and don't cover and where they're required]
State Minimum New Car Coverage Requirements
Each state has its own minimum insurance requirements. Usually established by the state’s department of motor vehicles (DMV) or a similar agency, these standards often vary widely.
You can find your state’s requirements and our recommendations for providers with cheap rates by clicking your state on the map below:
Click a state to learn more about the cheapest providers in that state.
COMPARE RATES
Standard Types of Required New Car Insurance
State minimum requirements are almost always made up of some variation of the auto insurance coverage options listed below.
Bodily injury liability insurance: Covers lost wages and medical bills for other parties in an accident for which you’re found at fault.
Property damage liability coverage: Covers the cost of damages to other vehicles and property involved in an accident that you caused.
Personal injury protection (PIP): Covers medical expenses and lost wages for you and other members of your party, no matter who caused an accident.
Medical payments (MedPay): Covers medical bills but not lost wages for you and your party, regardless of who is found at fault for a collision.
Underinsured motorist/uninsured motorist coverage: Covers your property and injury claims if an at-fault driver doesn’t have sufficient coverage to pay for them.
New Car Insurance Requirements
Some lenders require borrowers to carry new car insurance add-ons that cover damages to the vehicle in every circumstance. This is meant to protect the lender’s financial interest. That’s why you may be required to carry additional coverage options like these if you take out a loan to buy a new car:
Collision coverage: Covers damages to your vehicle regardless of who is found at fault for an accident.
Comprehensive coverage: Covers damages to your vehicle from sources other than accidents such as fires, theft or vandalism.
Gap insurance: This type of insurance covers the difference between what you owe on a vehicle and what it’s worth in the event of a total loss.
Loan or lease payoff: Covers the remaining balance on an auto loan or lease in the event of a total loss.
New Car Insurance Additional Coverage Options
While standard options are mostly the same from one provider to the next, many insurance companies differentiate themselves through additional choices. Many of these add-ons help to manage other aspects of new car ownership, such as breakdowns and emergencies.
Some of the most common optional coverages you’ll find are:
Roadside assistance: Covers the cost of emergency roadside services such as towing, fuel delivery and flat-tire repair or replacement.
Rental reimbursement: Covers the cost of a rental car while your vehicle is being repaired or replaced.
Mechanical breakdown insurance (MBI): Covers repairs to certain car components following a breakdown, similar to an extended car warranty.
Rideshare insurance: Covers you during downtime if you drive for a rideshare company like Lyft or Uber.
Travel expenses: Covers food, lodging and other travel costs if you can’t use your car following a covered loss away from home.
Most auto insurers offer unique lineups of optional new car insurance coverages. You can learn about all available options as well as what each plan covers by speaking with an agent.
[Image: List of common services found with roadside assistance programs at insurance companies]
New Auto Insurance: The Bottom Line
It’s best to get auto insurance for a new car before you buy it — and in many cases you’ll be required to. Thankfully, you have the ability to quickly get car insurance quotes online or over the phone with policies that can start the same day, if needed. We recommend that you compare car insurance quotes from multiple insurers before purchasing a new vehicle.
New Car Insurance: Recommended Providers
It’s so easy to shop around for car insurance that you can probably do it while you wait for the financing department or another delay that’s involved in buying a car. Our team recommends State Farm and Travelers as good places to start your search.
State Farm: Editor’s Choice
State Farm is the nation’s largest insurer and it earned the highest score of all providers in our 2022 insurance study. Drivers can often find inexpensive new car insurance through State Farm, and the company also offers an extensive selection of additional coverage options. With a large number of insurance discounts to choose from, State Farm policyholders can get the coverage they want at affordable rates.
Keep reading: State Farm insurance review
Travelers: Most Coverage Options
People looking to cover as many parts of their new cars or motorcycles as possible may want to look at Travelers. In our 2022 insurance study, we found that the company has an ample coverage portfolio, with many of Travelers’ choices appealing to owners of new vehicles. For example, Premier New Car Replacement® will cover the cost of a brand-new replacement of the same make and model in the event of a total loss.
Keep reading: Travelers insurance review
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Get matched with a top provider and compare instant quotes in just a few clicks
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New Car Insurance: FAQ
Below are some frequently asked questions about new car insurance.
Our Methodology
Because consumers rely on us to provide objective and accurate information, we created a comprehensive rating system to formulate our rankings of the best car insurance companies. We collected data on dozens of auto insurance providers to grade the companies on a wide range of ranking factors. The end result was an overall rating for each provider, with the insurers that scored the most points topping the list.
Here are the factors our ratings take into account:
Cost: Auto insurance rate estimates generated by Quadrant Information Services and discount opportunities were both taken into consideration.
Coverage: Companies that offer a variety of choices for insurance coverage are more likely to meet consumer needs.
Reputation and experience: Our research team considered market share, ratings from industry experts and years in business when giving this score.
Availability: Auto insurance companies with greater state availability and few eligibility requirements scored highest in this category.
Customer experience: This score is based on volume of complaints reported by the NAIC and customer satisfaction ratings reported by J.D. Power. We also considered the responsiveness, friendliness and helpfulness of each insurance company’s customer service team based on our own shopper analysis.
Our credentials:
800 hours researched
45 companies reviewed
8,500+ consumers surveyed
*Data accurate at time of publication.
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With over 395 universities, the United Kingdom is the world’s second-largest educational centre and a paradise for international students seeking world-class education. MBA in the United Kingdom is one of the most prestigious and sought-after programs in the world. Its universities offer a wide range of MBA specializations like Supply Chain Management, International Business, and Entrepreneurship for a duration of one to two years. Here are some of the best two-year MBA programs in the UK.
Why Pursue an MBA in the UK?
The United Kingdom has one of the world’s most developed economies. Universities are designed with the goal of providing students with the necessary skills and knowledge in a specific field. When it comes to choosing the UK for higher education, there are a number of key factors that make it an excellent choice, particularly for a master’s degree in business and administration. Here are some of the key factors that make the United Kingdom a desirable place to pursue an MBA:
Excellent Education: MBA programs at UK universities combine theoretical and practical learning to provide students with essential skills and knowledge. Students benefit from constant lectures and workshops from renowned business leaders, allowing them to learn from experienced professionals and broaden their exposure and knowledge of a specific industry.
Industry Connections: One of the most significant benefits of pursuing an MBA in the UK is the opportunity to meet leading industry experts and professionals at university-organized conferences, events, and lectures.
Scholarships: Studying for an MBA in a foreign country has a number of financial implications. Scholarships are available at a number of universities in the United Kingdom.
Prepare to lead with a Schulich MBA.
The Schulich MBA will equip you with the specialized knowledge and leadership skills you need to gain a competitive advantage. Hone your skills in your field of interest through our extensive selection of 18 areas of specialization in management functions, industry sectors and special business issues.
Ranked #1 in Canada by The Economist, Forbes & CNN Expansion, Schulich offers Canada’s preeminent MBA Program.
Customize your MBA: Flexible study options allow you to switch between full- and part-time enrolment, take classes uptown at the Keele campus or at our satellite campus in downtown Toronto. Accelerate your MBA and complete the program in as little as eight months with advanced standing. For working professionals interested in a full-time program, there’s now a Weekend and Evening MBA.
Real-World Experiential Learning: The Schulich MBA combines classroom learning of fundamental and advanced management concepts with real world experience, including a two-term strategic consulting project where you work with clients on real business problems and solutions.
Whether it’s a career as a Capital Markets Associate, Management Consultant, Brand Manager, Business Analyst, Commercial Banking Associate or Operations Analyst – the Schulich MBA will provide you the knowledge and network to succeed.
Throughout the MBA program, you will have access to the Centre for Career Design (CCD). As Schulich’s in-house team of certified Career Coaches and Industry Advisors, the CCD offers a wealth of innovative resources, individualized mentoring and coaching to help advance your career. Meet alumni, recruiters and industry leaders at corporate information sessions and other CCD events, and receive online access to the very best career tools available.
Recruiters value the communication, interpersonal and leadership skills that Schulich MBA graduates possess, and regularly hire Schulich MBAs.
The MBA curriculum includes 33.00 credits of core courses designed to equip students with a common set of capabilities necessary for effective management in the private, public, and nonprofit sectors.
In addition to foundational core courses, students have the opportunity to complete 27.00 credits of electives, allowing for deeper exploration in a particular area of focus, completion of a specialization or pursuit of a diploma.
As the capstone of the program, students will participate in the Strategy Field Study. In this exciting consulting project spanning two terms, teams conduct a strategic assessment of an organization and its environment, and present recommendations to senior management.
Learn more about the Strategy Field Study.
Students are eligible for graduation upon their successful completion of 60.00 credits. Students may shorten the duration to complete their MBA if they receive Advanced Standing.
Why Choose A Two-Year MBA Program in the UK?
Traditional format students are said to have a richer college experience. You can stay in the academic environment for longer periods of time, which allows you to interact with your peers and professors more.
Although knowledge and understanding can be gained quickly, developing competence takes time. To gain in-depth knowledge, you must devote time to digesting and integrating information. You must read, apply the material, create presentations, study, write exams, and apply the material in real-world situations.
Future Scope after 2-year MBA in the UK
Obtaining an MBA from a UK university is a sure way to success. MBA degrees from UK universities are highly valued in the job market. It serves as a lead magnet for employers all over the world. In the United Kingdom, there are over 6 million business entities with excellent potential for MBA graduates.
Q1. Is it worthwhile to pursue a 2-year MBA in the United Kingdom?
Ans. Yes, pursuing a two-year MBA in the United Kingdom is worthwhile because the profits can be as high as 202,000 GBP(20,324,634 INR) each year. The two-year gap allows overseas students to acquire professions and responsibilities where they can make good money while also gaining useful experience.
Q2. Is it possible for me to work in the United Kingdom after completing my MBA?
Ans. Yes, it is possible to work after completing MBA in the UK. Students have access to a post-study work visa for 2 years.
Q3. Is an MBA in the United Kingdom in high demand?
Ans. MBA programs focused on specific industries, including hospitality, finance, international business, and marketing, are in high demand in the United Kingdom.
Want to pursue two-year MBA programs in the United Kingdom? Then contact our Leverage Edu experts on 1800 572 000 and get all your queries about the study abroad programs and destinations sorted out.
Two-year students concentrate on their studies with few distractions and begin by looking at the big picture. It means you’ll be an excellent candidate for management fast-track programs, entry-level consulting positions, or any other graduate-level position in the business.
The two-year format is less intense than the one-year format, and it includes a wider range of electives, placements, and study trips, allowing you to focus more precisely on your studies.
Expand the menu below to see detailed degree requirements.
IVEY
MBA
Begins each
March in
London, ON,
Canada.
A LIFE-LONG
ADVANTAGE.
A YEARLONG MBA.
in Canada for
student
assessment
of career
services
#1
MBA program
#1
in Canada *
in Canada
for education
experience ‡
‡
#1
Features
“If I were to summarize Ivey in one word, it would
be transformational. You’ll notice how you change
as the days and months go by, to the point that
you are thinking in ways that astound you, and
make an impact on those around you.”
A TRANSFORMATIONAL
EXPERIENCE.
Carlos
– Carlos González Meyer, MBA ’18
Marketing Manager, Standards-Memberships,
2 / Ivey MBA
Events & Government Relations, CSA Group
IVEY NETWORK
Join an outstanding
alumni network of
more than 31,000 that
believes in paying it
forward and giving back.
18
GETTING STARTED
Start your journey
towards an Ivey MBA.
24
BY THE NUMBERS
Our reputation, by
the numbers.
20
YEAR AT A GLANCE
Everything you need to
know about your year
at Ivey.
22
LEADERSHIP
ESSENTIALS
Discover the five
elements that are
at the core of
everything we do.
12
REAL-WORLD
LEARNING
Hands-on, experiential
learning sets us apart
and is brought to life by
award-winning faculty
using our renowned
Case-Based approach.
4 8
WORLD-CLASS
CAREER OUTCOMES
Our Career Advisors
help you chart a path
from the moment you
start at Ivey through
to graduation.
6
STUDENT
LIFE
The Ivey student
experience is one
built on close-knit
community and
diverse perspectives.
16
IMAGINE WHAT ONE
YEAR COULD DO
Your year at Ivey will be
immersive, enriching,
and supportive.
Discover what it can
do for you.
YOUR
FIRST CASE
Experience a real case
and discover why CaseBased learning is the
foundation of the
MBA Program.
14
‡ The Economist Full-time MBA Ranking 2021
* Bloomberg Businessweek MBA Ranking 2014-2019, 2022
As Canada’s leading business school, you are investing in yourself when you
choose the one-year Ivey MBA Program.
Our one-year program will minimize your time away from the workforce. You’ll
immerse yourself, without distractions, in our world-class curriculum. And you’ll
form strong bonds with exceptionally talented and diverse classmates from around
the world. Throughout your journey here, you can count on a supportive team to
help you advance to your next career goal. The result: you’ll achieve more than you
ever thought possible, all in one year.
IMAGINE WHAT ONE YEAR CAN DO
Give yourself a
year. Get back
more than you
imagined.
“The strength of Ivey’s network, the
undeniable culture of ‘paying it forward,’
and the people I met have genuinely
inspired me to be a better person. The
personal growth I experienced and the
relationships I fostered have become the
most valuable part of my Ivey journey.”
Kwang
– Kwang Pithayachariyakul, MBA ’17
Vice President, Investment Banking,
TD Securities
4 / Ivey MBA
Career support
at Ivey. Career
outcomes for life.
WORLD-CLASS CAREER OUTCOMES
You have a vision of your future – and we have
the resources and expertise to help you get there.
From the moment you start at Ivey, our world-class
Career Management team will be by your side to help you
build a personal plan and ensure you achieve your high
career aspirations.
Your career goals are central to your success; that’s
why Career Management is integrated throughout the
MBA Program. Classroom activities are combined with
innovative experiences like Ivey’s renowned annual
networking event.
Our job offer rates are consistently over 90 per cent.
Year over year, our students, alumni, and recruiters give
us top scores when evaluating our Career Management
services.
From admissions to graduation and throughout your
career, we’re here to help you every step of the way.
“Career Management support at Ivey was invaluable.
Regular meetings with my career advisor on how
to approach networking was truly life-changing in
helping me with jobs after my MBA.”
Keisha
– Keisha Bailey, MBA ’15
Vice President,
TD Asset Management
† The Economist Full-time MBA Ranking 2016-2021
in the world for student assessment
of career services, five years running†
20 T
O
P
6 / Ivey MBA
Learn by doing
- a leadership
advantage.
Hands-on, experiential learning gives Ivey students an advantage.
Through a diversified roster of projects, activities, and more than 300
business cases, the Ivey MBA experience is all about real-world learning
for real-world problems. From the moment you graduate with your Ivey
MBA, you are prepared to take on real business challenges, and the
difference will be noticeable throughout your career.
REAL-WORLD LEARNING
“When I meet Ivey students or alumni,
I know that they’ve been tested and
thrived; I know that they’ve received
first-class professional and career
management training. And, that they
know what it means to lead, to problemsolve, and to pursue excellence.”
Gillian
– Gillian Fletcher, MBA ’15
Regional Business Manager,
Johnson & Johnson
8 / Ivey MBA
“Case discussions offer perfect ‘aha!’ moments
to weave insights from the case at hand, to my
research in digital transformation, and to the
students’ work experiences.”
Nicole
– Nicole Haggerty, HBA ’89, PhD ’04
Associate Professor,
Ivey Business School at Western University
Real-world
learning is
the norm, not
the exception.
REAL-WORLD LEARNING
Case-Based learning sets Ivey, and its students, apart.
Real-world examples form the foundation of the Ivey
education experience. Cases are dissected, discussed,
and debated in a stimulating environment.
Guided by world-class professors, and enriched by your
fellow students, your classroom conversations will be
dynamic and immersive. Case-Based learning is at the
heart of how Ivey’s students learn. The approach will
allow you to practise the leadership skills that mirror
real-life situations. The result is a transformation in
thinking, and lifelong leadership essentials.
Teaching faculty matters.
Their real-world business experience and expertise is
demonstrated not only in the classroom, but by the
business cases they write, and the research they do
with organizations. Ivey faculty will get to know you as
an individual, and they are highly committed to your
success. They love teaching, and it shows.
10 / Ivey MBA
Ivey’s five
Leadership
Essentials.
LEADERSHIP ESSENTIALS
The Ivey MBA opens your mind to how
the business world really works and
prepares you to take challenges head-on.
Develop Leadership Essentials
With a focus on experiential learning,
you will accelerate your leadership
capabilities. We call these five capabilities
the Ivey Leadership Essentials. They are
at the core of everything we do.
The five interlinked Leadership
Essentials give you not just the business
fundamentals that you would expect
from an MBA program, but also the
leadership capabilities required to turn
concepts into decisions, knowledge into
action, and ideas into change.
Leadership
Essentials
Take action
Knowledge is a
commodity. Today,
leadership is about
applying your
learning effectively.
At Ivey, you’ll gain the
confidence to turn
knowledge
into action.
Communicate persuasively
Effective communication isn’t about
winning. It’s about sharing your ideas
persuasively in the classroom, in teams,
and ultimately in the boardroom. At Ivey,
you are coached in your communication
effectiveness, your skills honed to the
place where you can communicate
effectively in any circumstance.
Leverage team talent
The strength of a leader is in knowing
your weaknesses. Through hundreds of
cases, you’ll learn how to approach difficult
problems with confidence, work effectively
with people of diverse perspectives and
skills, and solve problems by effectively
engaging your team.
Manage priorities
Great leaders must
be able to focus their
organizations on what
matters now in the midst
of competing choices.
Ivey’s experiential
learning, challenging
program, and demanding
schedule teach you
to navigate these
competing priorities for
the best outcomes.
Embrace complexity
A business case is real, complex, and
challenging. It doesn’t come in the
textbook titled Marketing or Finance.
A case study puts you in the position
of decision-maker, and demands you
understand how to manage the details
to get to the right solution.
12 / Ivey MBA
YOUR FIRST CASE
With more than 4.5 million listings in more
than 65,000 cities and 121 countries, Airbnb
is a household name, synonymous with
unique and affordable accommodation
offering “authentic experiences” from local
hosts. And it all began with one listing:
from their small apartment offering three
airbeds, founders Brian Chesky and Joe
Gebbia began in earnest in 2007 to develop
a new business model in short-term rentals.
This case study profiles the startup from
its inception to its rise in the mid-2010s, as
Airbnb took the leap from small upstart in
a highly competitive market to visionary
leader, fending off competition with
innovative approaches to marketing, social
media, and stakeholder engagement.
Your first case.
Ivey faculty use cases to expand
your perspective on the way
issues impact an organization
by using cross-teaching and
an integrated approach to
curriculum planning. Students
prepare for class by reading the
case and answering a series
of questions. The real learning
begins in the classroom where
the professor acts as a conductor
facilitating the discussion. You
can experience a real Ivey case
study with this Airbnb case.
9B16M186
AIRBNB: BUSINESS MODEL DEVELOPMENT AND FUTURE
CHALLENGES1
Sayan Chatterjee wrote this case solely to provide material for class discussion. The author does not intend to illustrate either effective
or ineffective handling of a managerial situation. The author may have disguised certain names and other identifying information to
protect confidentiality.
Copyright © 2016, Richard Ivey School of Business Foundation Version: 2016-11-24
In 2007, Brian Chesky and Joe Gebbia founded Airbnb. Chesky and Gebbia had met several years earlier
as students at the Rhode Island School of Design. After initially working in Los Angeles after graduation,
Chesky decided to move to San Francisco, where Gebbia was living. The two shared an apartment but were
struggling to pay their rent. While brainstorming ideas to earn more money, they came up with the idea to
rent out the three airbeds they had available. There was an upcoming design conference in their
neighbourhood, and all of the nearby hotels were sold out. They set up a quick website to advertise their
offer for an overnight stay on an airbed in their apartment, along with breakfast in the morning. One would
normally expect to find a few younger 20-somethings who might be interested in sleeping on someone’s
couch during the conference. However, the three people who stayed with them were a 45-year-old father
of five from Utah, a 35-year-old woman from Boston, and a man from India. Given the interest in their
apartment airbeds from a wide variety of people, Chesky and Gebbia decided to expand their small idea
and Airbnb was formed. Engineer Nathan Blecharczyk was added as the third co-founder.
2
From this serendipitous beginning, Airbnb grew into a business that spanned 16 countries and was valued
at $10 billion3 in the most recent round of financing in 2014. However, as of early 2014, its business model
had hit a major road bump. At the request of the State of New York attorney general, Airbnb was forced to
hand over anonymous listing information of hosts who rented out apartments in New York City. While the
listings were anonymous, the attorney general was determined to subpoena some of the hosts that might
have violated a New York law that prohibited any private rentals under 30 days where the host was not
present.4 This caused some consternation among hosts based in New York, and some pulled their listings.
The founders had to evaluate if these short-term rentals in large cities, which drove the majority of their
rentals, had suddenly become vulnerable. They also had to decide whether to defend their business model
in a court of law and in the court of public opinion, or change it.5
CONFERENCE PUSH
For the first year of its existence, Airbnb needed to focus entirely on the gaps between the number of
available hotel rooms and conference attendance. The founders did not seek out hosts that listed their
properties in perpetuity but instead focused on conferences and, later on, other events. The first major
conference they targeted was the 2008 South by Southwest conference and festival in Austin, Texas. To
help market the site and garner interest in Austin, they executed an online public relations campaign.
Because they had no budget to advertise, they relied on getting coverage from various blogs. They initially
Read the full case
14 / Ivey MBA
Our small class size, non-commuter campus, and close-knit
community provides the basis for an exceptional MBA experience.
And because Ivey attracts some of the most talented young
professionals from all over the globe, with diverse cultural and
business backgrounds, the Ivey MBA classroom consistently raises
the bar for its learning environment.
The shared experience you’ll have with your Ivey classmates
creates the foundation for a lifetime of personal and professional
connections you’ll cherish.
.
STUDENT LIFE
Becoming an
Ivey MBA student
means immersing
yourself in a unique
environment that
is friendly, spirited,
supportive,
and unforgettable.
Christina
– Christina Rupsingh, MBA ’16
Senior Manager, Insight and Thought Leadership,
Future of Work, RBC
“Ivey’s class sizes are considerably smaller than other
MBA programs, which meant I knew every single one
of my classmates on a first-name basis. Also, since Ivey
isn’t a commuter school, you get the time to develop
great friendships with your classmates.”
A LIFE-LONG
CONNECTION.
A SHARED
EXPERIENCE.
16 / Ivey MBA
IVEY NETWORK
“The Ivey Network brings enormous
value to your career. Not only will you
be part of the Ivey family, but you’ll
also learn how to network, a valuable
skill that often gets overlooked.”
Erik
– Erik Lapointe, MBA ’17
Chief Commercial Officer,
Tidal Health Solutions
The Ivey Network.
A lifelong connection.
The word Ivey alumni hear most is “yes.” Yes to discussing an
opportunity. Yes to giving advice. Yes to networking with other grads.
Ivey alumni have a habit of saying and hearing “yes” because there
is a strong culture of giving back and paying it forward throughout
the Ivey community. Our grads value the Ivey difference. Regardless
of graduation year, the shared Ivey experience is a connection that
sticks with you throughout your career. With an Ivey MBA, you will
have a network that will last a lifetime.
18 / Ivey MBA
#13
in the world for
networking*
* 13=, Bloomberg Businessweek Best B-Schools Global Ranking 2022-23
Reputation
matters.
“Ivey’s reputation as the number one
business school in Canada was a
key factor in choosing my MBA.”
Maksym
– Maksym Levytskyy, MBA
’19
Director of Investments,
Clarke Inc.
BY THE NUMBERS
20 / Ivey MBA
Ivey’s ranking
#1
among Canadian
MBA programs for
7 years.*
of Ivey MBA grads made at
89%
least one career transition
(Change in industry,
function, or geography).
#1
in Canada for student
assessment of career
services.
†
in Canada for
employment rate
3 months after the
program.
‡
in the world for student
rating for education
experience for
4 years in a row.
‡
10
TOP
#1
‡ The Economist Full-time MBA Ranking 2021 †
Financial Times Global MBA Ranking 2022
* Bloomberg Businessweek MBA Ranking 2014-2019, 2022
#1
program in Canada for
value of money.
†
ONE YEAR
The Ivey MBA –
Year at a glance.
Preparatory
Knowledge Program
To make sure you get the most out
of your MBA class time, we provide
optional courses before the official
program work begins.
These courses are a great way
to refresh your knowledge of
business basics, reacquaint
yourself with a school routine,
and get to know some
of your classmates.
Business
Essentials
Your transformational year
begins in the spring. To ensure
you have a solid foundation in
the core subjects, the first four
months of the Ivey MBA Program
consist of courses including
Strategy, Leadership, Finance,
Accounting, Information Systems,
Operations, Marketing, Analytics,
Communications, and Economics.
View courses
Leading
Cross-Enterprise
This capstone module pulls together
everything you’ve learned and
connects it to today’s real-world
leadership challenges.
You’ll examine some of the “big”
questions like “Who leads best and
how do they do it?;” “How are great
leaders developed?;” and “What are
some of the major forces and trends
that will affect business in the
21st century?”
Real-World
Projects
Put your learning to the test
when you participate in the Ivey
Field Project. You can choose to
develop a new venture or work
with an existing organization to
develop new business solutions.
Career-Focused
Electives
Our elective courses are
designed to support your
career goals and satisfy
your professional and
personal interests.
Learn more
International
Experiences
Participate in an optional study trip
to Asia and Latin America as part of
the elective cycle. You can also
pursue volunteer opportunities
through The LEADER Project where
you will coach promising
entrepreneurs in frontier markets.
If you want to experience an
international study exchange, you
can take advantage of this in the final
semester. This is a great opportunity
to immerse yourself fully in another
culture and to expand your
global network.
MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB
YEAR AT A GLANCE
22 / Ivey MBA
There are three qualities that we look at first when considering
prospective students for an Ivey MBA.
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, and can bring that into the Ivey classroom.
Strong Academic Record: Our assessment of this is based
on your academic history in combination with your GMAT
or GRE score.
Progressive Work Experience: At least two years of quality, 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.
Ready to
get started?
“The Ivey MBA is a fantastic program and
if it is the program for you, make sure you
come in motivated and ready. It is a very
rewarding experience.”
Kanwar
– Kanwar Randhawa, MBA ’17
Director, Enterprise Strategy,
RBC
GETTING STARTED
“We are committed to help you in any way
we can so that you can make a decision that
is best for you and your career. Please feel
free to contact us at any time if you have
questions about the Ivey MBA Program or
MBA programs in general.”
J.D.
– John-Derek (J.D.) Clarke, MBA
Executive Director, Masters Programs
Recruitment and Admissions,
Ivey Business School at Western University
24 / Ivey MBA
Take note
GETTING STARTED
Our recruitment and admissions team’s job is to
help answer any questions that you might have as
you navigate your MBA research and, in particular,
any specific inquiries you have about the Ivey
program or application. Contact a recruiter today!
Contact Info
Lindsay Lippmann
Associate Director, FT MBA Recruiting & Admissions
llippmann@ivey.ca
linkedin.com/in/lindsaylippmann
Aimee Froude
Associate Director, FT MBA Recruiting & Admissions
afroude@ivey.ca
linkedin.com/in/aimeefroude
Anna Creery
Associate Director, FT MBA Recruiting & Admissions
acreery@ivey.ca
linkedin.com/in/annacreery
26 / Ivey MBA
NOTES
For more
information:
Ivey Business School
Western University
1255 Western Road
London, Ontario, Canada
N6G 0N1
Telephone: +1.519.661.3212
Toll free: 1.866.878.4839
Fax: +1.519.661.3431
mba@ivey.ca
iveymba.ca
Visit: iveymba.ca
Profile assessment: go.ivey.ca/resume
Attend an event – online and in person: go.ivey.ca/events
The Ivey MBA is a one-year, full-time MBA program
beginning each March in London, Ontario, Canada.
• Located between Toronto and Detroit
(approx. 200 km from each)
• City population of 400,787
• Western University and student population is 40,000 with
more than 5,800 international students from 128 countries
12-MONTH PROGRAM STARTING IN JANUARY
smithqueens.com/ftmba
Small class sizes
outstanding
faculty, state-of-the-art business
school facility
Powerful
network of
alumni in
150+ countries
Study on-campus in Kingston
at Smith School of Business at
Queen’s University – one of
in Canada
Pioneering
leadership
and team
development
programs
Be ready for fall job interviews and
among the first MBA graduates on the
market with this 12-month
January.
AN MBA UNLIKE ANY OTHER
TECHNICAL EXPERTISE + TEAM DYNAMICS + SPECIALIZATIONS +
INTERPERSONAL SKILLS + CUSTOMIZED COACHING + CAREER SUPPORT
There are a lot of MBA programs
that provide a quality business
education, but very few rival
Smith’s team-based approach,
personalized coaching, and
tight-knit culture. I really felt
I was learning something new
every day in terms of business
acumen, leadership skills
and self-discovery. I would
absolutely recommend this
program to anyone looking
for a transformative MBA
experience.”
Kim Fulton, MBA
Principal
Kearney
Toronto, ON
“
2 | FTMBA
TECHNICAL
EXPERTISE
The MBA from Smith School of Business provides
outstanding foundational management skills
including analytics, accounting, financial theory,
marketing management, information systems,
strategy and more.
In addition, Smith is the pioneer and leader in
fostering the personal and team skills necessary to
excel in business today including group dynamics,
adaptability, communications, leadership,
resilience, and cultural intelligence.
Surveys* of CEOs and corporate recruiters
underscore that it is this combination of technical
management capacity and interpersonal skills that
is most highly valued.
Take the first step and connect
with your application advisor at
smithqueens.com/ftmba
INTERPERSONAL
SKILLS
The MBA unlike any other. It delivers both the
technical expertise and the interpersonal skills
development that employers require today.
*GMAC Corporate Recruiters Surveys
THE
POWERFUL
ADVANTAGE
FTMBA | 3
The Program
Complete your MBA in 12 months and get into
the workforce with the knowledge and skills to
begin advancing your career.
The first six months is foundational curriculum covering
the core management skills required to lead in business.
In the second six months you take elective courses and can
also select an area of specialization (eg. consulting, finance,
marketing & sales, digital transformation, management
analytics, entrepreneurship & Innovation). You will earn
a supplemental certificate in the area of focus.
Substantial team and individual project assignments
allow for deep learning and practical application.
Approach
A multi-faceted approach to teaching
ensures engagement, high-value and impact.
Class instruction is balanced with group
discussion, simulations, team assignments,
and real-world business projects. In addition,
Smith’s Living Case Studies provide a unique
and modern teaching approach immersing
you in business challenges in real time.
For more about our faculty,
go to smithqueens.com/ftmba
Faculty
Smith School of Business faculty work together as
teachers, researchers, and consultants. Together they
create a tightly integrated academic plan for you.
Faculty have outstanding academic credentials and
are also best-selling authors, award-winning teachers
and editors of leading academic journals. Canadian
Business, Bloomberg BusinessWeek, and The Financial
Times have recognized Smith faculty as among the
top management educators in the world.
+ EXPERIENTIAL LEARNING
+ REAL-WORLD BUSINESS PROJECTS
+ SIMULATIONS
+ LIVING CASE STUDIES
+ CLASS INSTRUCTION & DISCUSSION
4 | FTMBA
Options
Pre-MBA Preparatory Sessions
For advance grounding in core concepts and skills,
Smith offers non-credit, one-day sessions in topics such
as Accounting, Finance and Statistics, working with
MBACase, and more.
Certificate in Social Impact
By completing certain courses and participating in key
events and volunteer activities, you can earn a Certificate
in Social Impact and demonstrate engagement in
responsible leadership.
Double-degrees
You can apply MBA credits to other degrees from Smith
School of Business and Queen’s University including
Master of Finance, Master of Management Analytics, Juris
Doctorate, and Master of Science in Healthcare Quality.
Professional Designations
You can begin earning qualifications towards the
following professional designations:
The MBA program was a life changing experience from start
to finish. The diversity of people was incredible — diversity
not only of thought, but of life experiences. Interacting with
and learning from so many unique people provides a great
base for a future career. The program jump started my career
into an exciting new path with a disruptive growth-focused
company. I truly have been overwhelmed by the opportunity
for personal and professional growth.”
Josh Tovey, MBA
Senior Operations Manager
Amazon
Raleigh, NC
“
FTMBA |
5
Team Skills
Smith School of Business pioneered the team-based
learning approach that prepares you for the reality of
today’s workplace. You are assigned a team for the core
of the program and a dedicated professional coach helps
you perform collaboratively at the highest level. You
will have many opportunities to develop your personal
leadership capacity.
Executive Coaching
Become your best self with one-on-one coaching
to maximize your effectiveness in the workplace.
Coaching is an integral part of the Smith School
of Business offering and will give you a greater
understanding of yourself, your strengths and your
weaknesses. This will have a powerful impact on your
performance and your working relationships. Coaching
covers a range of areas from conflict resolution to
anxiety management to mindfulness.
Experiential Learning
‘Learn by doing’ through participation in the TriColour
Venture Fund (TCVF), Canada’s first student-advised
venture capital fund. Students meet with potential
portfolio companies, assess the opportunities,
conduct due diligence and make recommendations
to the Investment Advisory Board - a committee of
seasoned entrepreneurs, angel investors, and venture
capitalists. Deals are syndicated in conjunction with
some of Canada’s leading venture capital companies
and angel investors.
Queen’s University Alternative Assets Fund (QUAAF)
is Canada’s first student directed portfolio of hedge
funds managing a portion of the university’s endowed
funds. Each generation of QUAAF members is
responsible for ensuring sustainable operations
and financial stewardship of the fund, providing
outstanding practical experience.
Our program is unique in its focus on
developing the ‘whole you’ to be as
successful as possible in your career.
THE SMITH
DIFFERENCE
6 | FTMBA
The MBA experience at Smith helped me further refine
the type of leader I wanted to be. It also gave me the
confidence and the tools to successfully pivot into
a completely new career that would not have been
available to me otherwise. My year was truly a lifechanging experience where I not only gained a wealth
of contacts through the alumni network, but also
made lifelong friends.”
Roxane Ducasse, MBA
Project Manager
End-to-End Supply Chain at Walmart
Mississauga, ON
Lifestyle Coaching
Prepare for the fast pace and high demands of
your business career with the optional lifestyle
coaching program Fit to Lead™ that addresses
physical, mental and emotional well-being.
Cultural IQ
In today’s diverse and global business environment,
cultural intelligence is critical. Smith has partnered
with the Cultural Intelligence Center to teach
how culture influences behavior and thought
processes, and effective strategies for managing
in a multicultural environment.
International Opportunities
Study opportunities, available at more than
30 of the world’s top business schools, provide
an exceptional experience in a region of interest
to you.
“
FTMBA |
7
Recruitment & Career Support
You want to find the job that showcases your skills and
capabilities and accelerates you on an exciting career path.
The Smith School of Business Career Advancement Centre
will work with you from the start of your MBA to identify
your passion and help you secure a great job. The Centre
maintains strong relations with outstanding organizations
across Canada and around the world, and recruiters are
regularly on campus meeting with students.
A personal Career Coach will work with you one-onone to help you prepare and manage your job search
process. Coaches have specialized experience, training
and connections in specific sectors.
“
At graduation you join a powerful network of Smith
and Queen’s alumni in more than 150 countries.
Regular events and meeting opportunities help you
build valuable connections that will last a lifetime.
Smith is also the Official National Business Education
Partner of the Canadian Olympic Committee.
Join a Powerful Alumni Network
Anything you do in life that is challenging gives you
the opportunity to grow. After retiring from the Canadian
Women’s Rugby Team, I researched potential career paths in
business which led me to Smith. I enhanced my knowledge of
business theories, concepts and skills transference and I feel
I’m better prepared to pursue a career or start a business.”
Megan Lukan, MBA
RBC Olympian
Associate Financial Advisor
Black Star Wealth
Halifax, NS
8 | FTMBA
The team-based approach to the
curriculum really excited me. For
the first six months of the program,
while you’re going through the
core foundational courses, you’re
assigned to a team. Our team was
incredibly diverse. What I thought
was really beautiful about that was
that everyone brought a unique
approach and perspective to the
problem. It was challenging at
times because you needed to find
common ground, but I think it
made the quality of the product
and the learning that much better.”
Hanif Shariff, MBA
Consultant
McKinsey & Company
Vancouver, BC
“
Smith School of Business
Smith School of Business at Queen’s University
is renowned for its excellence, innovation and
leadership in business education.
From establishing the first undergraduate business degree
a century ago to creating ground-breaking programs and
courses in emerging areas including artificial intelligence,
fintech, analytics, cultural diversity, team dynamics, social
impact and more, Smith is at the forefront of preparing
you for the business marketplace.
In addition to its rich tradition of academic and teaching
excellence, Smith is known for delivering an outstanding
learning and development experience. Small class
sizes, personal attention, individual and team coaching,
opportunities for specialization, and a deep commitment
to student success characterize the Smith experience.
Recognized as a top global program by
FTMBA | 9
I chose to pursue my MBA at Smith because
of the team-oriented curriculum, the caliber
of the alumni network, and the renowned
academic vigour of the school. I’m pleased to
say that these criteria were met and exceeded.
Prior to Smith, I was playing professional
football in the CFL and working as a project
director for a non-profit. I used the MBA as
a catalyst to make a transition that many
athletes find difficult, and with the support of
the program I was able to thrive during this
precarious time of my life.”
Andrew Lue, MBA
Consultant
Boston Consulting Group
Toronto, ON
“ Smith’s team-based approach
and small class size enabled me
to build strong relationships with
classmates. I learned something
new from teammates every day and
we helped each other to become our
best selves. The skills I gained from
the team experience allowed me to
interact and work effectively with a
diverse group of people. These skills
ultimately helped me transition
from engineering to investment
banking. I would definitely
recommend the program.”
Lina Yang, MBA
Senior Financial Analyst
Teck Resources Limited
Vancouver, BC
“
10 | FTMBA
Canada is a thriving and welcoming
environment for business students. It was
ranked #1 for Best Quality of Life (2020, U.S.
News & World Report) citing its economic and
political stability, strong job market, diversity,
quality of education system, and safety.
Kingston is a dynamic small city
with great amenities, resources,
events and attractions.
Smith attracts students from more than
40 countries including full-time, exchange
and international double-degree students.
Our Application Advisors can assist you in
understanding requirements for studying
in Canada.
For current and future events,
go to visitkingston.ca
and kingstoncanada.com
Studying in Canada
FTMBA | 11
GLOBAL
PERSPECTIVE
We prepare you to thrive in an increasingly global business environment
— through Cultural IQ, an exchange opportunity and a global alumni
network. Typically more than 40 per cent of your MBA classmates will
come from outside Canada. Expand your perspective and build strong
connections as you work in class, in teams, and on projects.
Cultural IQ
Smith School of Business has partnered
with the Cultural Intelligence Center to
help our MBA students strengthen their
Cultural IQ, which assesses your ability
to relate and work effectively in diverse
situations. Learn how culture influences
behaviour and thought processes, and
gain effective strategies for managing in
a multicultural environment.
International Alumni Network
On graduation become part
of the powerful Smith School
of Business and Queen’s
University alumni network in
more than 150 countries.
Outside Front
FTMBA | 13
ARGENTINA Buenos Aires Torcuato Di Tella University,
Di Tella Business School
AUSTRALIA Brisbane Queensland University
of Technology
AUSTRIA Vienna WU, Vienna University of
Economics and Business
BELGIUM Brussels Solvay Brussels School of
Economics & Management
BRAZIL São Paulo FGV EAESP, São Paulo School
of Business Administration
CHINA
Beijing
Cheung Kong Graduate
School of Business
Peking University, Guanghua
School of Management
Tsinghua University, School of
Economics and Management
Shanghai
China Europe International
Business School (CEIBS)
Fudan University, School
of Management
Shanghai Jiao Tong
University, Antai College of
Economics & Management
Shanghai Jiao Tong University,
Shanghai Advanced
Institute of Finance
Tongji University, School of
Economics & Management
DENMARK Copenhagen Copenhagen Business School
FINLAND Mikkeli Aalto University,
School of Business
FRANCE
CergyPontoise ESSEC Business School
Lyon EMLYON Business School
GERMANY
Leipzig HHL Leipzig Graduate
School of Management
Mannheim University of Mannheim,
Business School
Vallendar WHU — Otto Beisheim
School of Management
HUNGARY Budapest
Corvinus University
of Budapest, Corvinus
Business School
INDIA
Bangalore Indian Institute of
Management Bangalore
Ghaziabad Institute of Management
Technology, Ghaziabad
Hyderabad Indian School of Business
ITALY Milan Università Bocconi
JAPAN
Nagoya Nagoya University of
Commerce & Business
Tokyo Waseda University,
Faculty of Commerce
MEXICO Mexico City Universidad Panamerica,
IPADE Business School
NETHERLANDS Rotterdam Erasmus University, Rotterdam
School of Management
NORWAY Bergen NHH Norwegian School
of Economics
RUSSIA St. Petersburg
St. Petersburg University,
Graduate School of
Management
SINGAPORE Singapore
National University
of Singapore, NUS
Business School
SOUTH AFRICA Bellville University of Stellenbosch
Business School
SWEDEN Stockholm Stockholm School
of Economics
SWITZERLAND St. Gallen University of St. Gallen
THAILAND Bangkok
Chulalongkorn University,
Faculty of Commerce
and Accountancy
UNITED
KINGDOM
Birmingham Aston University, Aston
Business School
London London Business School
International Exchange
Smith’s MBA program offers exchanges at more than 35
partner business schools around the world. Through this
extensive international partnership network, there are
enough places for every MBA student to participate in a
short or long-term exchange.*
Inside Back
Inside Front
*Seats at individual exchange partners cannot be guaranteed.
FTMBA | 14
CLASS AND CAREER
.
Outside Front
Accelerating Your Career
Our faculty, staff, coaches and Career Advancement Centre team work
closely with you to help you find the post-graduation job that showcases
your skills and capabilities, and accelerates your career.
$120,852 CAD
average total compensation
accepted a job offer within
3 months of graduation 98% (100% reporting rate)
Class of 2021
FTMBA | 15
Class Profile
59%
male 40%
female
Sample of Companies that Hire Our MBAs
36% Financial Services
26% Consulting
Technology 13%
Healthcare 6%
Retail 5%
Consumer Goods 4%
Government 2%
Non-Profit 2%
Real Estate 2%
Telecommunications 1%
Marketing Services 1%
Other 2%
Employment by Industry
Class of 2023
Class of 2021
CONSULTING
• A.T. Kearney
• Accenture
• Boston Consulting Group
• Capgemini
• Deloitte
• EY
• KPMG
• McKinsey & Company
• PricewaterhouseCoopers
CONSUMER PACKAGED
GOODS/FOOD/
PHARMACEUTICAL
• Johnson & Johnson
• McCain
• Maple Leaf Foods
• Molson Coors
• PepsiCo
• Pfizer
• Reckitt Benckiser
• Unilever
TECHNOLOGY &
COMMUNICATIONS
• Amazon
• Adobe
• Bell
• Google
• IBM
• Microsoft
• Rogers
• Telus
• Uber
• Xerox
ENTERTAINMENT/
MEDIA/ INFORMATION
• Disney
• Nielsen
INVESTMENT &
FINANCIAL SERVICES
• Bank of America
Merrill Lynch
• BMO
• Brookfield Financial
• Capital One
• CIBC
• CPPIB
• Credit Suisse
• Dundee Capital Markets
• Equitable Bank
• HBC
• Mackenzie Investments
• Macquarie Group
• Manulife
• National Bank
• RBC
• Scotiabank
• Sun Life Financial
• Travelers
• TD Bank
• Waterton Global
Resource Management
CONSTRUCTION/
INFRASTRUCTURE/
REAL ESTATE
• Aecon
• Cadillac Fairview
• Emma Capital
• Oxford Properties
MANUFACTURING/
INDUSTRIAL/ CHEMICAL/
ELECTRONICS
• DuPont
• Dow Chemical
• GE
• Honeywell
• Tenaris
• Texas Instruments
ENERGY & RESOURCES
• Atomic Energy of Canada
• Haliburton
• Imperial Oil
• Shell
• Suncor
• Teck Resources
• TransCanada
LUXURY GOODS
• Christian Dior
HEALTHCARE
• Hamilton Health Sciences
• Harvard Medical School
• Health Canada
• Heart & Stroke
• The Hospital for
Sick Children
• John Hopkins University
• University Health Network
RETAIL
• Canadian Tire
• Indigo
• Loblaw
• Staples
• Tim Hortons
• Walmart
We’ll Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process, during
the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
Inside Back
Inside Front
average base salary
delta vs. pre-MBA job
of grads made at least
one career transition
(industry, function or city)
69% 93%
4.2
average years of
work experience
78
students
28
average age
The Full-time MBA has deliberately small class sizes and diverse student
backgrounds which make for an outstanding learning experience.
From countries including: Bangladesh,
Bulgaria, Cameroon, Canada, China, Costa
Rica, India, Ireland, Kenya, Lebanon, Mexico,
Nigeria, Pakistan, Peru, Philippines, Portugal,
Serbia, Turkey, and USA.
Academic backgrounds include arts, business,
economics, engineering, healthcare, law,
sciences, technology, and more.
58%
Canadian
students
42%
International
students
1%
non-binary
FTMBA | 16
CURRICULUM
Complete your MBA in 12 months and re-enter the workforce
with the knowledge and skills to begin advancing your career.
Our modern curriculum features relevant courses that align
with employer needs. Through specializations including Digital
Transformation and Management Analytics, you will gain a broad
understanding of the global business environment and be equipped to
handle today’s business challenges. Our integrated approach to teaching
encompasses a variety of methodologies. This will allow you to develop
a full understanding of business functions applicable to any industry.
There are two modules: the Foundations Level, which provides an
overview of business fundamentals; and Mastery Level, which enables
you to choose an area of interest.
Upon completion of the MBA, you may then choose to advance to
the Expert level by pursuing a second Master’s degree in this area
of specialization.
Outside Front
FTMBA | 17
Business
Fundamentals
Career
Concentrated
Electives
Business Pre-MBA
Preparatory Sessions
Expert Level:
Double-degrees
Smith offers optional non-credit, one-day sessions in topics such as Accounting,
Finance and Statistics, case preparation, and more.
The Expert Level enables you to apply some of your MBA credits to a second Master’s degree.
Currently there are five options:
• Master of Finance
• Master of Management Analytics
• Juris Doctorate
• Master of Science in Healthcare Quality
• Master of Management in Artificial Intelligence
There are multiple ways to pursue a second degree.
Foundational curriculum covering the core management skills required to lead in business.
Take eight elective courses and an optional
area of specialization. Earn a supplemental
certificate in that area of focus.
Substantial team and individual project
assignments allow for deep learning and
practical application.
Specializations are offered in the areas
of highest demand such as:
• Consulting
• Finance
• Marketing and Sales
• Entrepreneurship and Innovation
• Management Analytics
• Digital Transformation
• Business Analytics
• Business and Corporate Strategy
• Business, Government and the Global Economy
• Economics and Industry Analysis
• Finance Fundamentals
• Financial Accounting
• Introduction to Digital Business
• Leading with Integrity
• Managing Human Capital
• Marketing Fundamentals
• Negotiations & Conflict Management
• Operations and Supply Chain Management
• Professional Communication Skills
• Integrated Team Project*
JUL
JAN
FEB
MAR
APR
MAY
JUN
AUG
SEP
OCT
NOV
DEC
Inside Back
Inside Front
* Our project based courses offer a unique opportunity to work with Small to Medium Size
Enterprises (SME) and put into practice what you are learning throughout the program.
NEW
ELECTIVES
• Advanced Portfolio
Management
• Analytical Decision Making
• Consumer Focused Marketing
• Corporate Valuation &
Mergers and Acquisitions
• Creating & Executing
Market-Based Strategy
• Decision-making
in Competitive
Environments NEW
• Digital Execution NEW
• Digital Transformation NEW
• Diversity and Inclusion
in Organizations NEW
• Dynamic Strategy Analysis NEW
• Finance Strategy
• Financing of New Ventures
• Global Strategy
• Management Accounting
• Managing Agile Projects
• New Venture Management
• Organizational Intelligence
& Strategy NEW
• Pricing Analytics
• Risk Management
• Sales Management
• Strategic Problem Solving
& Insights NEW
• Strategic Service Operations
• Strategy Implementation
& Change
• Topics in Analytics NEW
• Tri-Colour Venture Fund
• Individual Project (mandatory)*
FTMBA | 18
Let Us Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process,
during the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada, K7L 3N6
Toll-free: 1.888.393.2622
PROFESSIONAL DESIGNATIONS
While completing your MBA at Smith, you
can begin a professional designation:
Options
CERTIFICATE IN SOCIAL IMPACT
Participating students have an opportunity to augment
their degree with exposure to the dynamic world of social
impact — exploring areas such as sustainability, social
finance, social innovation, social entrepreneurship, and
values-based leadership. By completing certain courses
and participating in key events and volunteer activities,
you can earn a Certificate in Social Impact.
FTMBA | 19
ADMISSIONS
We are looking for exceptionally talented and motivated individuals.
Academic strength, career progress, leadership potential, and strong
interpersonal and communications capacity are just some of the
characteristics we are seeking for Smith’s MBA Class of 2024.
Successful applicants will typically meet the following requirements:
• A four-year (or international equivalent) undergraduate
degree from a recognized university;
• Two years relevant work experience;
• An acceptable and complete GMAT or GRE score;
• If applicable, an acceptable score on an approved English
proficiency test (TOEFL, IELTS, PTE, or MELAB);
• Two professional references; and
• Completion of two video questions and one written response.
In compelling cases, exceptions may apply. Candidates who meet the
core requirements may be invited for an admissions interview.
FTMBA | 20
Fees and Scholarships
The MBA fee includes program enrollment,
all books, case materials and other
instructional supplies, events like case
competitions, career related non-academic
events, and executive coaching.
The fees for Class of 2024 (starting January
2023) are $83,444 CAD for domestic and
$104,100 CAD for international students.*
All qualified candidates who submit a
completed admissions application will be
automatically considered for a number of
entrance scholarships.
There is no application fee.
The Time is Now
Admission to the Smith MBA
is competitive. Applicants are
encouraged to apply early as space
and academic scholarships are limited.
Complete applications are reviewed
immediately upon receipt and
admissions decisions are rendered
after references are checked.
Key Program Dates
• Classes start — January
• Early round major scholarship
decisions — May 1
• International application
deadline — September 1
• Late round major scholarship
decisions — October 1
Let Us Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process, during
the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada, K7L 3N6
Toll-free: 1.888.393.2622
A22.0043
Financing
Domestic students
Smith School of Business has partnered with
RBC to offer a student line of credit tailored
to your needs.
Those accepted into the Full-time MBA
Program can now apply for the Ontario
Student Assistance Program (OSAP).
Visit smithqueens.com/ftmba for detailed information
on fees, scholarships and financing options.
*Fees are subject to final approval from the Queen’s Board of Trustees
FTMBA | 21
At Smith School of Business
we provide a highly personalized
experience from initial inquiry,
through the admission process,
during the program, and after
graduation.
From the start we will work with you to
assess your fit for the program and help
you apply for admission. We’re looking
for outstanding individuals with stellar
academic capacity, a great work ethic,
the ability to work effectively in teams
and strong interpersonal skills.
For more information on
the admission process
and requirements go to
smithqueens.com/ftmba
LET US
HELP
YOU GET
STARTED
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada K7L 3N6
Toll-free: 1.844.533.1651
smithqueens.com/ftmba
A21.0064 Information in this brochure is accurate at time of publication.
The Montreal advantage
• Top 5 Best student cities in the world
(QS Best student cities ranking)
• #1 Safest city in North America
(Statistics Canada)
• #1 Most affordable major city in Canada
and the U.S. (UBS Prices and earnings, 2018)
Bienvenue à Montréal!
Montreal consistently ranks as one of the world’s
best student cities. Safe, clean and cosmopolitan,
it offers a high quality of living at a low cost. In
an affordable city with a vibrant atmosphere,
Montrealers thrive on great food and culture,
getting around by using its world-class cycling and
public transportation infrastructure.
Located in the vibrant heart of downtown
Montreal, Concordia University’s John Molson
School of Business is one of Canada’s leading
business schools.
Practical. Flexible. Experiential
The John Molson MBA is a practical program
in every possible way. We look at management
practices from a holistic and interdisciplinary
perspective. Our flexible program allows you
to create a schedule that fits your life while
you acquire the comprehensive skills employers
want through our case-based and experiential
learning approach.
MBA 650
Crafting and Implementing Successful Strategies
MBA 647
Managing People
in
Organizations
MBA 648
Business Process
Management
MBA 649
Strategic
Managerial
Accounting and
Control
MBA 643
Managerial
Analytics
MBA 644
Marketing
Management
MBA 645
Economics
for
Organizational
Decision
Making
MBA 646
Financial
Management
MBA 642
Financial Reporting for Responsible Decision Making
MBA 641
Responsible Manager
MBA 640
On Ramp (no credit)
Class profile
Designed as a two-year, 45-credit
program, the John Molson MBA may be
completed in as little as 16 months by
taking summer classes. It covers a wide
array of business topics to strengthen
your strategic decision-making and critical
thinking abilities.
On-ramp
Comprised of several quantitative
modules, this online course will give you
invaluable tools to prepare for the rest of
the MBA program.
Core (30 credits)
Our case-format core begins with an
overview of ethics, sustainability, and
the role of organizations in society. You
will then develop the practical expertise
needed to manage specific business areas
and finally apply it to cross-functional
business problems.
Join a diverse network
Expand your network and learn from
students who come from all over the
world, bringing together a diverse range
of backgrounds. Our small class size allows
for close-knit interactions with your peers.
Seize the opportunity to gain practical skills while earning credits toward your degree. The hands-on
experience, practical knowledge and network developed through these options add tremendous value to
your profile. Personalize your experience by tailoring the program according to your interests, motivation
and career goals.
Electives (15 credits)
Compete Experience Explore
ICOP Social Business
Case Competition
Live Case Challenge
MBA Case Competition Organizer
and Participant
MBA International Case
Competition Executive
Van Berkom Small-cap Investment
Case Competition
CEO shadowing
Co-op paid internship
Concordia Small Business
Consulting Bureau
Community Service
Initiative
Van Berkom Investment
Management Program
International exchange
Business research paper
Elective courses in:
• Accounting
• Business Technology
Management
• Data Analytics
(SAS certification available)
• Finance
• Management
• Marketing
• Supply Chain Management
• Surgical Innovation
CEO shadowing Unique to JMSB is the opportunity to learn to lead by shadowing a top executive. This special feature of the Co-op paid
internship program allows MBA students to work alongside the CEO of a small or medium-sized enterprise for up to 15 weeks.
Tap to learn more
Continue developing your skills and leadership style
by getting involved outside of the classroom. Every
year, our students participate in a wide array of case
competitions, community initiatives and networking
activities, taking their education and careers to the
next level by applying what they have learned in a
practical way. Getting involved in extra-curricular
activities is an excellent way to set yourself apart
while making connections that will last a lifetime.
• International Community Outreach Program
• John Molson Graduate Student Association
Speaker Series
• John Molson Entrepreneurship Club
• John Molson Graduates Investment Club
• John Molson Sustainable Business Group
• John Molson Women in Business Club
• MBA Case Competition Committee
• MBA Society
• Briscoe Business Ownership Club
• John Molson Project Management Club
Experiential learning was the highlight
of my MBA. Case competitions exposed
the intricacies of a wide range of industries
and inspired me to pursue a career in
sustainable investing. Many opportunities
and important insights arose out of my
involvement and I feel privileged to be a
part of the JMSB community.
Winnie Hu (MBA’19)
Get involved as an organizer or compete against
the world’s very best teams. Open to top business
schools worldwide, the John Molson MBA
International Case Competition is recognized
as the largest case competition of its kind. Our
annual, not-for-profit event welcomes 36 teams
from universities across the globe for a weeklong competition at the start of January and is
organized by a team of MBA students.
As part of the John Molson International
Case Competition, I gained access to
incredible mentorship from a board of
directors composed of C-Level executives.
Their advice and outlook on the challenges
we faced as a team had a huge impact on
my professional development. It was also
through ICC that I built my strongest and
most lasting friendships in the MBA.
Evan Baker (MBA’20)
Tap to learn more
Dedicated to your success, Career Management
Services supports all students and alumni in their
professional endeavours and provides relevant
resources to help you reach your career goals.
• Personalized support for résumé and cover
letter writing, job search, interview preparation,
job offer negotiation, LinkedIn / digital brand
management and dining etiquette.
• Graduate Student Elevator-Pitch Day
• C-RISE program for international students
(career seminars, networking events, etc.)
Yingying Zhang, Bombardier
(Strategy Intern), Montreal
Sample of employers who recruit JMSB graduates
Karolyne Courville, Deloitte
(Consultant), Montreal
Sapandeep Singh Randhawa, CIBC
(Associate, GLDP) Toronto
Tap to learn more
“The John Molson School of
Business allowed me to meet
and work with high-achieving,
motivated individuals of
the highest caliber, who
pushed me to better myself
and strive for excellence.
The experiential learning
opportunities provided by
the MBA program were key
to my personal and
professional growth.”
– Paola Sunye
An MBA is a significant financial and time investment,
which is why it is important to find the right fit to
achieve your personal and professional goals. At JMSB,
we take a holistic approach to admissions and assess you
based on your work experience, intellectual abilities,
leadership potential and communications skills.
Tuition fee*:
$6,000
(Canadians / Permanent
Residents - Quebec)
$14,000
(Canadians / Permanent
Residents – other)
$40,000
(International)
*Approximate total tuition. Merit-based scholarships are available to candidates applying by March 1.
What you need to apply:
Transcripts of
undergraduate degree
3.0+ GPA
GMAT
580+
TOEFL / IELTS*
95 / 7.0
CV / Resume
Required:
2+ years
of relevant working
experience
Statement of purpose
(500 words)
3
letters
of reference
Video interview
More questions?
Connect with
a recruiter!
gradadvisor.jmsb@concordia.ca
514-848-2424, ext. 2716
Application deadlines
September admission
March 1 Round 1 – International & Scholarships
May 1 Round 2
June 1 Round 3 – Canadian / Permanent Residents
January admission
June 1 Round 1 – International
October 1 Round 2 – Canadian / Permanent Residents
Tap to learn more
1450 Guy Street
MB 6.201 (6th Floor)
Montreal, Quebec H3H 0A1
Email: gradadvisor.jmsb@concordia.ca
CONCORDIA.CA/MBA
T20-62246
sustainability
Article
An Explanatory Study of MBA Students with Regards
to Sustainability and Ethics Commitment
Marian Buil 1,*, Juan Pedro Aznar 2
, Jorge Galiana 3 and Alba Rocafort-Marco 4
1 Entrepreneurship and Innovation Department, Escola de Ciències Socials i de l’Empresa-Tecnocampus,
Universitat Pompeu Fabra, Mataró 08302, Spain
2 Economy, Accounting and Finance Department, ESADE Business & Law School, Barcelona 08034, Spain;
juapedro.aznar@esade.edu
3 Accounting Department, LaSalle Barcelona, EAE Business School, Universitat Politècnica de Catalunya,
08015 Barcelona, Spain; jgaliana@ub.edu
4 Politics, Philosophy and Economics Departament, University of Manchester, Manchester M13 9PL, UK;
albarocafort@gmail.com
* Correspondence: mbuil@tecnocampus.cat; Tel.: +34-670677288
Academic Editor: Giuseppe Ioppolo
Received: 15 January 2016; Accepted: 11 March 2016; Published: 18 March 2016
Abstract: (1) Background: The consequences of the recent economic crisis have shown the need for
promoting certain key skills in future entrepreneurs to create enterprises that are capable of producing
added value, generating employment and remaining solvent or growing in a competitive and highly
volatile environment. Therefore, the issue is not simply a matter of creating more businesses, but
rather, a model based on organizations with strong sustainable values in the long term. (2) Methods:
The originality and new approach of this article is to establish, through an empirical approach,
the link between the entrepreneurial skills and environmental and social commitment in times of
crisis. Based on the analysis of a questionnaire answered by MBA students and using structural
equation modelling, the relation between entrepreneurial skills, social and environment commitment
are tested. (3) Results: The statistical analysis proved the existence of a positive relation between
entrepreneurs’ skills and environmental and social commitment pointing out the importance of
sustainability commitment as a source of high added value activities. (4) Conclusion: The paper
demonstrates that investing in the promotion of entrepreneurial skills in education systems has
positive effects on how future entrepreneurs will manage their firms. Therefore, this sustainably
depends on the present education policies.
Keywords: entrepreneurship skills; social commitment; environmental commitment; sustainability; ethics
1. Introduction
The consequences of the recent economic crisis have shown the need for promoting certain
key skills in future entrepreneurs to create enterprises that are capable of producing added
value, generating employment and remaining solvent or growing in a competitive and highly
volatile environment. Such an example is the European Commission’s statement, which in
mid-2009, already considered that developing an economic, social and educational environment
that fostered entrepreneurial skills among young people and that provided a proper environment
for entrepreneurship was the main action plan to combat youth unemployment [1]. To that end,
countless measures have gone into effect in Spain, with more or less success, starting with Act 14/2013
of Support to Entrepreneurs and Investors (Ley de Emprendedores) promoted by the Government of
Zapatero and ending with a large number of programs of study and university studies adapted and
more oriented to the labor market and entrepreneurship [2–4].
Sustainability 2016, 8, 280; doi:10.3390/su8030280 www.mdpi.com/journal/sustainability
Sustainability 2016, 8, 280 2 of 13
However, in taking a first glance at the media, one may observe that the global economic and
financial crisis has resulted in a marked crisis of values, a certain lack of ethics and, in some cases, a
significant disregard for the legal, environmental and even social setting [5–9].
International cases, such as Volkswagen (prosecution falsifying pollution levels in some of their
models) and Lehman Brothers (product commercialization without any ethical consideration), or
national cases, such as Bankia (they sold toxic financial products), highlight that, in times of crisis,
certain business leaders place their self-interest above the interests of other stakeholders and, naturally,
above those of the general public. They prioritize results based on individual benefits over stakeholder
or customer interests, with scarce considerations in terms of sustainability or ethics. This phenomenon
is the so-called short-term culture [10–13]. Therefore, the issue is not simply a matter of creating more
businesses, but rather, a model based on organizations with strong sustainable values in the long term.
Confronting this dichotomy, the present study aims to clarify the effects of promoting
entrepreneurial skills in future leaders and, more precisely, to observe whether, in a crisis environment,
negative consequences prevail in the form of short-termism for the future entrepreneur/manager or, on
the contrary, whether entrepreneurial skills have a positive effect on the future entrepreneur/manager’s
perception as regards managerial sustainability, which is defined as the achievement of economic goals
that are socially and environmentally responsible [14–16].
A survey was developed and distributed to contrast the present theory. A total of 339 students
who had taken a Master’s of Business Administration (MBA) in 2013–2014 and 2014–2015 responded to
this survey; they were asked about relevant aspects related to entrepreneurial skills, the commitment
to the environment and the commitment to society. It is precisely in this respect that the present
study adds value to the existing academic literature. [17] emphasize the scarcity of studies relating
entrepreneurial skills to social and environmental values in different environments and the lack of
articles focused on sustainable entrepreneurship from the perspective of the organizational leader’s
skills and values instead of the traditional managerial perspective.
MBA students present a suitable profile for performing this type of study, because their academic
background is very diverse, and additionally, once they finish their studies, they typically perform
tasks in which entrepreneurial skills are very present [18], either because some of the MBA students
decide to create their own business or because they tend to be employees occupying executive positions.
The analysis of aspects related to skills and entrepreneurial initiative has already been explained in
prior studies with MBA students [19–22].
This article makes a series of original contributions to research conducted in different ways.
First, the study analyzes the impact of entrepreneurial skills on the disposition to begin a sustainable
business venture. Second, it also analyzes a group destined to be an essential part of the future business
sector: MBA students. Third, it performs an empirical study in a crisis environment. Forth, the study
incorporates a methodological novelty by utilizing a second-order construct that adds the primary
entrepreneurial skills to the model to contrast. Fifth and finally, it introduces future lines of research
that, to date, have not been addressed and may provide useful and necessary information for a proper
definition of the public policies intended to promote the creation of sustainable enterprises.
The rest of the article is organized as follows. Section 2 offers a literature review regarding
entrepreneurial skills and sustainability. Section 3 describes the methodology through an empirical
study. Section 4 presents a quantitative analysis. The last section of this document is devoted to the
analysis of the obtained results, the conclusions based on the empirical study and the proposals for
future lines of research.
Sustainability 2016, 8, 280 3 of 13
2. Literature Review
2.1. Entrepreneurial Skills in a Crisis Environment
Economic crises are a recurring subject in economics [23]. They are characterized by periods of
limited growth, recession or stagnation of the GDP (gross domestic product), with consequences in the
distribution of resources and a range of social effects [24].
During the years 2008 and 2009, the global economy experienced its most severe financial crisis
since the 1930s [25–27]. This recession led to the collapse and government bailout of some of the most
important financial institutions in Europe and the U.S., in some cases, forcing the partial nationalization
of these institutions, in addition to the reformulation of the main monetary and fiscal policy programs
and the adoption of structural measures [28,29].
The effects of this crisis have been thoroughly studied in the literature, although there is no
consensus on establishing how the economic crisis affects entrepreneurial activities. According to [24],
the crisis situation may act as an agent of change for discovering new opportunities and generating
innovation. However, for other authors, such as [30], crisis situations negatively affect entrepreneurial
attitude, reducing the recognition of new opportunities and the investment in innovation; therefore,
one of the characteristics observed is the decline in entrepreneurship in these moments of crisis [31].
Other studies regarding the crisis conclude that, in times of deep recession, businesses adopt
a series of internal measures to maintain their profitability [32] and ensure their long-term survival.
Some of the internal measures described by [32] are imitated by entrepreneurs who create enterprises
in times of crisis [33].
In addition to the internal measures, several external factors favor the creation of enterprises in
certain areas and cities, such as policies supporting entrepreneurial initiative [34]
To outline policies that foster entrepreneurship [4], one must be aware of basic competences, so
that entrepreneurs can perform their role efficiently. In this context, a thorough understanding of such
skills helps guide educational policies and curricula, taking into account the growing weight of the
subjects and content related to the entrepreneur’s skills and the entrepreneurial projects not only in
business schools and economics and business faculties, but also in the field of science [2,3,21].
Due to the increasing significance of entrepreneurship in the educational system, the question that
arises is which entrepreneurial skills are required and which educational approach is the best. In one of
his most cited studies on entrepreneurial skills, [18] concludes that, for the entrepreneur to be successful
in an entrepreneurial initiative process, he or she does not require a single skill, but a set of skills
that should show a certain balance amongst them. Amongst these required competences, three major
entrepreneurial skills, recognized by the academic literature, can be distinguished. [35] propose three
basic skills that are necessary to perform a successful entrepreneurial task. One skill is the competency
of alertness, which measures the entrepreneur’s ability to recognize new business opportunities where
others cannot identify them. The second is the creative competency, which measures the ability to
provide a different and innovative approach when faced with a new problem; and finally, there is
self-consciousness, which is a competency of self-criticism and the ability to evaluate your own ideas
and the ideas of others with the aim of improving.
The available empirical evidence shows that students who possess such entrepreneurial skills
generally obtain more rapid entry into the job market than those who do not possess them, added
to the fact that their positions match their academic and competency-based profile, reducing youth
unemployment generated by the economic crisis [4].
Therefore, based on the existing literature, the following hypotheses are proposed:
H1: Creativity is a part of the basic competencies that an entrepreneur should possess, and
therefore, it has a direct and positive effect on entrepreneurial skills.
H2: Alertness is a part of the basic competencies that an entrepreneur should possess, and
therefore, it has a direct and positive effect on entrepreneurial skills.
Sustainability 2016, 8, 280 4 of 13
H3: Self-consciousness is a part of the basic competencies that an entrepreneur should possess,
and therefore, it has a direct and positive effect on entrepreneurial skills.
2.2. Sustainability
Sustainability references the transformation of an organization’s management model towards the
achievement of economic goals in a socially- and environmentally-responsible manner [14,16].
Management is not any more about trying to maximize profits. Some practices by managers
during the financial crisis without taking into account environmental and ethical considerations have
been overwhelmingly rejected by the society. There is an increasing demand for leadership and
management that considers social objectives and includes in the definition of the company aims
some related to the environment. Through their innovations and business practices, businessmen
and entrepreneurs with a profound sensitivity to sustainability have an impact on greater social
awareness about other ways of managing and determining organizational goals [17]. The introduction
of environmentally-responsible objectives and social aims into their business facilitates long-term
sustainability and has positive effects on customers and society. Therefore, the term sustainable
entrepreneurship has been introduced to refer to entrepreneurs who incorporate these concerns into
their way of acting.
Sustainable development is characterized by activity that is less focused on models of management
and technical procedures and more oriented toward personal initiative and the individual or
entrepreneurial group skills to achieve corporate success and social change through social and
environmental innovation [14,36]. Therefore, in addition to their entrepreneurial skills, sustainable
entrepreneurs should possess an environmental and social consciousness [37]. The combination of
entrepreneurial skills and environmental and social commitment enables sustainable entrepreneurs
to consider their professional life as a creative act [38]. In addition, these entrepreneurs possess the
capacity to modify and prioritize organizational goals so that social and environmental objectives
become a relevant part of the organizational objectives. Consequently, sustainable entrepreneurship is
performed by innovative businesses that offer products and services with social and environmental
benefits to a specific portion of the market who value these benefits [39], for example green
consumers [40].
Sustainable entrepreneurship includes both social and environmental aspects, and both have been
analyzed by the existing academic literature. On the one hand, the literature on social entrepreneurship
defines it as the achievement of social objectives and its financing [41–49], thus contributing to solving
social problems and creating value for society [17]. On the other hand, the literature on environmental
entrepreneurship defines it as the search for profitable business opportunities that solve environmental
problems [50–54]. Both social and environmental entrepreneurs have effects that go beyond their
business, playing the role of social change agents, as well.
This type of entrepreneurship has recently emerged as a managerial initiative that contributes to
sustainable development, including both social and environmental aspects [55–59].
However, contrary to the above-mentioned literature regarding sustainability, there are certain
studies that state that, in times of crisis, short-term goals related to personal survival prevail over
ethical, social or environmental aspects [10–13].
Therefore, based on the contribution made by most of the existing literature, future managers
should possess entrepreneurial skills and environmental and social commitment, which contribute to
the sustainability of the firm. Accordingly, the following hypotheses are proposed:
H4: The entrepreneurial skills possessed by entrepreneurs have a direct and positive effect on
their environmental commitment.
H5: The entrepreneurial skills possessed by entrepreneurs have a direct and positive effect on
their social commitment.
To summarize, Figure 1 displays the model to be contrasted. The model suggest the existence
of a relation between entrepreneurial skills that can be understood as a combination of at least three
Sustainability 2016, 8, 280 5 of 13
different skills (creativity, alertness and self-consciousness); and environmental and social commitment
by entrepreneurs and managers. The existence of such a relation would be important because firm
performance and community welfare increase when firms make a decision and define strategies
including these two dimensions.
Sustainability 2016, 8, 280 5 of 13
Figure 1. Model to be contrasted. CREAT, creativity; CONC, self‐consciousness; ENV, environment;
ENT, Entrepreneurial; SOC, social; COM, commitment.
3. Methodology
3.1. Sample and Data Collection
With the aim of contrasting the hypotheses noted above, a sample of 339 students who obtained
a Master’s in Business Administration (MBA) at Spanish universities during the 2013–2014 and
2014–2015 academic years has been analyzed. In the academic literature regarding entrepreneurship,
it is commonplace to utilize MBA students as study subjects because these students have chosen
studies that allow them to hold managerial and decision‐making positions, and they are supposed to
embark on entrepreneurial efforts for themselves or for others. As examples of the academic
literature using MBA students to contrast the entrepreneurial hypotheses, the authors who can be
cited include [19,20]. In terms of academic studies, work experience and scope of employment, the
main characteristics of the students in the sample are displayed in Table 1.
These students completed a survey composed of different items that intended to value the
different skills that an entrepreneur should possess, in addition to the social and environmental
commitment of each respondent, all in accordance with the relevant academic literature in this area.
The design of the survey took into account prior surveys documented by the academic literature.
Answers to the questions are established according to a 7‐point Likert scale with values ranging
from 1–7, 7 being the highest degree of identification with the proposed question. Table 2 displays
the mean values for the different questions that help define the three skills under consideration and
social and environmental commitment.
Table 1. Profile of survey respondents.
Variable N = 339
Age: mean 38
Education level:
‐ University degree/Bachelor’s degree 78.59%
‐ Master’s or Ph.D. 18.24%
‐ Other 3.17%
Work experience:
‐ <1 year 10.03% ‐ Between 1 and 5 years 19.77% ‐ Between 5 and 10 years 54.62% ‐ >10 years 15.58%
Current job:
‐Executiveteam65.49%Figure 1. Model to be contrasted. CREAT, creativity; CONC, self-consciousness; ENV, environment;
ENT, Entrepreneurial; SOC, social; COM, commitment.
3. Methodology
3.1. Sample and Data Collection
With the aim of contrasting the hypotheses noted above, a sample of 339 students who obtained
a Master’s in Business Administration (MBA) at Spanish universities during the 2013–2014 and
2014–2015 academic years has been analyzed. In the academic literature regarding entrepreneurship, it
is commonplace to utilize MBA students as study subjects because these students have chosen studies
that allow them to hold managerial and decision-making positions, and they are supposed to embark
on entrepreneurial efforts for themselves or for others. As examples of the academic literature using
MBA students to contrast the entrepreneurial hypotheses, the authors who can be cited include [19,20].
In terms of academic studies, work experience and scope of employment, the main characteristics of
the students in the sample are displayed in Table 1.
Table 1. Profile of survey respondents.
Variable N = 339
Age: mean 38
Education level:
- University degree/Bachelor’s degree 78.59%
- Master’s or Ph.D. 18.24%
- Other 3.17%
Work experience:
- <1 year 10.03% - Between 1 and 5 years 19.77% - Between 5 and 10 years 54.62% - >10 years 15.58%
Current job:
- Executive team 65.49%
- Entrepreneurs/other 34.51%
Sustainability 2016, 8, 280 6 of 13
These students completed a survey composed of different items that intended to value the different
skills that an entrepreneur should possess, in addition to the social and environmental commitment
of each respondent, all in accordance with the relevant academic literature in this area. The design
of the survey took into account prior surveys documented by the academic literature. Answers to
the questions are established according to a 7-point Likert scale with values ranging from 1–7, 7
being the highest degree of identification with the proposed question. Table 2 displays the mean
values for the different questions that help define the three skills under consideration and social and
environmental commitment.
Table 2. Measures of the variables that form the model.
Dimension Code Definition Average
Alertness
ALERT1 Frequent interactions with third parties
to acquire new information 4.51
ALERT2 I pay attention to new business opportunities 4.66
ALERT3 I actively search for new information 5.00
ALERT4 I maintain ongoing contact with resource centers
(chambers of commerce, business incubators, etc.)
4.23
Creativity
CREAT1 My point of view is often different from that of others 4.78
CREAT2 I often provide new ideas and approaches for different problems 4.75
CREAT3 I see relationships between parts that are apparently unrelated 4.62
CREAT4 I am good at connecting different points of view 4.27
Self-Awareness
CONC1 Detecting business opportunities is inherent to my personality 4.84
CONC2 I have an intuition regarding potential opportunities 3.59
CONC3 I can distinguish between profitable
and unprofitable opportunities 4.63
Social
Commitment
SOC COM1 I strongly believe in job preservation and the
positive effect of a good work environment 5.81
SOC COM2 I believe businesses should offer equal compensation
to people who perform the same task 5.41
SOC COM3 Businesses should be committed to their community 4.86
Environmental
Commitment
ENV COM1 I do not understand a business that does not
have a sustainable environmental approach 5.14
ENV COM2 Employees should be trained and encouraged to
promote positive environmental initiatives 4.66
ENV COM3 I believe in environmental marketing 4.54
ENV COM4 Businesses should quantify environmental savings and costs 5.37
3.2. Measures
The literature review has helped determine the variables that compose the model to contrast;
thus, the different items have been grouped in Table 2, measuring each variable according to the items
detailed below:
‚ Alertness (ALERT): frequent interactions with third parties to acquire new information; being
alert to new business opportunities; and active search for information and ongoing contact with
resource centers related to entrepreneurship, such as chambers of commerce, business incubators,
universities, Research Results Transfer Offices, etc.
‚ Creativity (CREAT): the diversity of approaches when facing a situation; the emergence of new
ideas for different problems; the ability to relate parts with no apparent connection; and the ability
to connect different points of view.
Sustainability 2016, 8, 280 7 of 13
‚ Self-consciousness (CONC): the inherent ability to recognize business opportunities; intuition
regarding potential opportunities; and the ability to distinguish between profitable and
unprofitable opportunities.
‚ Social commitment (SOC COMM): the belief in job preservation and the positive effects on
the work environment; equal pay for equal work; and the commitment of the business to the
community where it operates.
‚ Environmental commitment (ENV COMM): training and encouraging employees to promote
positive environmental initiatives; the belief in environmental marketing; and quantifying
business environmental savings and costs.
4. Results
The statistical analysis was divided into two distinct parts. Through a factor analysis of the survey
variables, the first part aimed to determine the different dimensions that formed the model to contrast.
Once the dimensions were defined, the second part aimed to test the validity of the proposed model
through structural equations. The work performed in each of these parts is detailed below.
4.1. Factor Analysis
Based on an exploratory factor analysis (EFA), the variables that best explained each of the
dimensions that form the model were selected. In addition, as indicated in the literature [60],
the variables with values lower than 0.5 were eliminated from the model. As a result of this first
analysis, it can be observed that the variables were grouped into five different dimensions.
Once the composition of the dimensions was determined, each dimension was subjected to a
confirmatory factor analysis (CFA) to refine each construct. Drawing from this analysis, several factors
were eliminated because they did not surpass the threshold value of 0.7 demanded by the literature,
reducing the model to 18 factors and five dimensions. These dimensions were subjected to analysis
through Cronbach’s alpha, which in all cases surpassed the required value of 0.7 [61].
The penultimate stage for this first part was an analysis of the consistency, reliability and
convergent validity of the dimensions. In all cases, the internal consistency surpassed 0.6 [62]; the
average variance extracted (AVE) surpassed 0.5; and convergence validity was confirmed based on [63].
The results and main statistics from this first part may be observed in Table 3:
Sustainability 2016, 8, 280 8 of 13
Table 3. Factor analysis of the dimensions. AVE, average variance extracted.
Dimension Code CFA Internal Consistency and
Reliability Statistics
Alertness
ALERT1 0.767
ALERT2 0.803 Cronbach’s alpha: 0.828
ALERT3 0.812 Composite reliability: 0.878
ALERT4 0.822 AVE: 0.642
Creativity
CREAT1 0.756
CREAT2 0.784 Cronbach’s alpha: 0.809
CREAT3 0.816 Composite reliability: 0.871
CREAT4 0.815 AVE: 0.629
Self-Awareness
CONC1 0.781 Cronbach’s alpha: 0.812
CONC2 0.776 Composite reliability: 0.829
CONC3 0.802 AVE: 0.618
Social Commitment
SOC COM1 0.763 Cronbach’s alpha: 0.821
SOC COM2 0.808 Composite reliability: 0.837
SOC COM3 0.812 AVE: 0.631
Environmental
Commitment
ENV COM1 0.796
ENV COM2 0.777 Cronbach’s alpha: 0.808
ENV COM3 0.785 Composite reliability: 0.867
ENV COM4 0.791 AVE: 0.620
Finally, once the dimensions were defined and tested, a final discriminant validity analysis was
conducted, demonstrating in all cases that each construct was more related to its own dimensions rather
than to the dimensions of the other constructs. Table 4 shows the statistics that confirm this situation.
Table 4. Discriminant validity.
Alert Creat Conc Soc Com Env Com
Alert 0.801 *
Creat 0.488 0.793 *
Conc 0.315 0.311 0.786 *
Soc Com 0.598 0.402 0.546 0.795 *
Env Com 0.253 0.411 0.186 0.304 0.787 *
* Square root of the AVE in the diagonal.
4.2. Contrast of the Model
Via EQS 6.1 software (Multivariate Software, Inc., Temple City, CA, USA) and utilizing the robust
model of structural equations, the validity of the proposed model was tested, confirming its aptitude
through the observation of the main statistics. According to the literature, [64] establish that having
three statistics available among the recommended values is sufficient to test the validity and the
explanatory ability of the defined models in accordance with this methodology. This model surpasses
the minimum requirements, proving the model’s robustness and explanatory power. Table 5 shows
the results for the main statistics and their ideal values according to the literature.
Sustainability 2016, 8, 280 9 of 13
Table 5. Main statistics.
Statistics Result Ideal Value
x
2/degrees of freedom 2.730 <3 BB-NFI (Bentler–Bonnet normed fit index) 0.863 >0.8
BB-NNFI (Bentler–Bonnet non-normed fit index) 0.919 >0.9
CFI (comparative fit index) 0.921 >0.9
RMSEA (root mean square error of approximation) 0.082 <0.06
* Satorra–Bentler-scaled chi-square.
To conclude the section regarding the results and as a summary, Figure 2 represents the model
and the statistics of the causal relationships derived from this model.
Via EQS 6.1 software (Multivariate Software, Inc., Temple City, CA, USA) and utilizing the
robust model of structural equations, the validity of the proposed model was tested, confirming its
aptitude through the observation of the main statistics. According to the literature, [64] establish that
having three statistics available among the recommended values is sufficient to test the validity and
the explanatory ability of the defined models in accordance with this methodology. This model
surpasses the minimum requirements, proving the model’s robustness and explanatory power.
Table 5 shows the results for the main statistics and their ideal values according to the literature.
Table 5. Main statistics.
Statistics Result Ideal Value
x2/degrees of freedom 2.730 <3 BB‐NFI (Bentler–Bonnet normed fit index) 0.863 >0.8
BB‐NNFI (Bentler–Bonnet non‐normed fit index) 0.919 >0.9
CFI (comparative fit index) 0.921 >0.9
RMSEA (root mean square error of approximation) 0.082 <0.06
* Satorra–Bentler‐scaled chi‐square.
To conclude the section regarding the results and as a summary, Figure 2 represents the model
and the statistics of the causal relationships derived from this model.
Figure 2. Standardized solution of the causal model. ** p‐value significant at the 0.05 level.
5. Analysis of the Results and Conclusions
The statistical analysis validates all of the hypotheses proposed in the present study. First, it is
important to highlight that, as suggested by [35], entrepreneurial skills, i.e., creativity, alertness and
self‐consciousness, have a strong presence in future entrepreneurs, mainly the skills of creativity and
awareness. The obtained results prove the validity of Hypotheses H1, H2 and H3 and reaffirm the
results obtained in other works, such as that by [24]. Future business leaders who were trained in
times of crisis possess a greater ability to detect new business opportunities that were most likely not
previously considered [37]. In addition, the present study seems to indicate that the subjects of the
study have developed an inherent ability to solve problems and face difficult situations by applying
differential perspectives as a consequence of an adverse environment. It seems logical that, in a crisis
environment where adversities prevail over good news, any actor who works efficiently in this
environment can develop the required skills to confront these problems. In this manner, creativity
prevails as a basic entrepreneurial skill in hostile environments.
Everything seems to indicate that educational policies, such as reorienting programs of study
and public policies for entrepreneurial development, have at least managed to maintain the main
Figure 2. Standardized solution of the causal model. ** p-value significant at the 0.05 level.
5. Analysis of the Results and Conclusions
The statistical analysis validates all of the hypotheses proposed in the present study. First, it is
important to highlight that, as suggested by [35], entrepreneurial skills, i.e., creativity, alertness and
self-consciousness, have a strong presence in future entrepreneurs, mainly the skills of creativity and
awareness. The obtained results prove the validity of Hypotheses H1, H2 and H3 and reaffirm the
results obtained in other works, such as that by [24]. Future business leaders who were trained in
times of crisis possess a greater ability to detect new business opportunities that were most likely
not previously considered [37]. In addition, the present study seems to indicate that the subjects
of the study have developed an inherent ability to solve problems and face difficult situations by
applying differential perspectives as a consequence of an adverse environment. It seems logical that,
in a crisis environment where adversities prevail over good news, any actor who works efficiently in
this environment can develop the required skills to confront these problems. In this manner, creativity
prevails as a basic entrepreneurial skill in hostile environments.
Everything seems to indicate that educational policies, such as reorienting programs of study
and public policies for entrepreneurial development, have at least managed to maintain the main
entrepreneurial skills in business leaders and future entrepreneurs, despite the adverse effect that the
crisis could cause on these individuals, as noted in the literature [4,65–68].
However, the main contribution of the present study lies in the fact that it confirms that
entrepreneurial skills are positively related to a greater environmental commitment and socially
responsible management. The statistical analysis validates Hypotheses H4 and H5, which assert
the existence of a positive relationship between entrepreneurial skills and entrepreneurs’ social and
Sustainability 2016, 8, 280 10 of 13
environmental commitment. Therefore, it is clear that future leaders bet on sustainability as a business
model and that the crisis did not make them eliminate these two ethical values from their business
scope. The present study cannot claim that the crisis was beneficial or detrimental to social and
environmental commitment, given that the methodology applied and the available data do not allow
such an analysis. However, the study can affirm that the crisis has not affected these basic values
and can also affirm that entrepreneurial skills have a positive effect on management as regards
business ethics.
Environmental commitment and a business that takes into account social aspects represent
significant positive externalities and are aligned with a growing opinion trend in favor of another
type of resource management, wherein general interests prevail over self-interest. It involves a social
commitment demanded by a growing fraction of the population, for whom consumers or workers
value a business commitment beyond the generation of profits. The increasing significance of corporate
social responsibility is a clear example of this trend.
The obtained results allow for certain recommendations that can guide decisions on educational
policies and continuing training. On the one hand, there is the need for programs of study and
teaching methodologies that take into account the promotion of entrepreneurial skills, in addition to the
necessary reflection on the social and environmental implications of the different types of management.
On the other hand, in the current context of continuous change, growing youth unemployment and
economic crisis, continued training becomes a relevant tool. The opportunity cost associated with the
use of these resources implies the need for managerial efficiency. The results of this study suggest
that training in entrepreneurial skills could improve students’ abilities to find a job or start a business
venture [4] and also helps them to manage businesses following the values demanded by our society.
Consumers are demanding from companies that the firm has behaved considering its environmental
and social impact [69], but also, there is an increasing number of rules and new regulations that
push in favor of this commitment (World Business Council for Sustainable Development, 2000 [70]).
The balance between regulation and consumers’ demands depends on the cultural and social context.
Europe is a clear example with some common regulations according to the European Union regulation,
but different pressure from consumers depending on the country.
Public policies will increasingly take into account the UN sustainable development goals.
Entrepreneurs have to consider that our cities and communities must be sustainable, be aware of the
climate change effects of our decisions in terms of productive process and consumer behavior and
the importance of reducing social inequalities, for instance facilitating access to new technologies, or
education to everyone, or to promote gender equality inside the organizations. The way we teach
our future managers needs to include that they learned how to take into account these items in their
decision-making process. These development goals do not only apply to education, the industrial
policy designed to support the growth of small and medium-sized companies also will consider the
contribution of these firms to the goals of common society.
This study invites future studies on the subject. For example, it might be interesting to add other
constructs to the model, more precisely in its final section, analyzing the effect of entrepreneurial
skills not only on social and environmental commitment, but also on the commitment to quality
management practices, fulfilling the triple bottom line business model. Another possibility might be to
segment the sample by gender or source study to detect possible differences between sub-samples.
Finally, it is important to note that this study is subject to the limitations of the methodology
employed. The main limitation resides in the fact that the surveys were conducted in a certain area;
thus, it might be difficult to extrapolate the results to other countries due to the different economic
situations or legal environments.
Acknowledgments: The authors would like to thank the anonymous reviewers for their contributions.
Sustainability 2016, 8, 280 11 of 13
Author Contributions: Marian Buil and Pedro Aznar conceived and designed the experiments based on the
literature review done; Alba Rocafort performed the experiments; Jorge Galiana analyzed the data; Jorge
Galiana contributed reagents/materials/analysis tools; Marian Buil and Pedro Aznar wrote the conclusions
and recommendations of the paper. All authors agree to the final version.
Conflicts of Interest: The authors declare no conflict of interest.
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With over 395 universities, the United Kingdom is the world’s second-largest educational centre and a paradise for international students seeking world-class education. MBA in the United Kingdom is one of the most prestigious and sought-after programs in the world. Its universities offer a wide range of MBA specializations like Supply Chain Management, International Business, and Entrepreneurship for a duration of one to two years. Here are some of the best two-year MBA programs in the UK.
Why Pursue an MBA in the UK?
The United Kingdom has one of the world’s most developed economies. Universities are designed with the goal of providing students with the necessary skills and knowledge in a specific field. When it comes to choosing the UK for higher education, there are a number of key factors that make it an excellent choice, particularly for a master’s degree in business and administration. Here are some of the key factors that make the United Kingdom a desirable place to pursue an MBA:
Excellent Education: MBA programs at UK universities combine theoretical and practical learning to provide students with essential skills and knowledge. Students benefit from constant lectures and workshops from renowned business leaders, allowing them to learn from experienced professionals and broaden their exposure and knowledge of a specific industry.
Industry Connections: One of the most significant benefits of pursuing an MBA in the UK is the opportunity to meet leading industry experts and professionals at university-organized conferences, events, and lectures.
Scholarships: Studying for an MBA in a foreign country has a number of financial implications. Scholarships are available at a number of universities in the United Kingdom.
Prepare to lead with a Schulich MBA.
The Schulich MBA will equip you with the specialized knowledge and leadership skills you need to gain a competitive advantage. Hone your skills in your field of interest through our extensive selection of 18 areas of specialization in management functions, industry sectors and special business issues.
Ranked #1 in Canada by The Economist, Forbes & CNN Expansion, Schulich offers Canada’s preeminent MBA Program.
Customize your MBA: Flexible study options allow you to switch between full- and part-time enrolment, take classes uptown at the Keele campus or at our satellite campus in downtown Toronto. Accelerate your MBA and complete the program in as little as eight months with advanced standing. For working professionals interested in a full-time program, there’s now a Weekend and Evening MBA.
Real-World Experiential Learning: The Schulich MBA combines classroom learning of fundamental and advanced management concepts with real world experience, including a two-term strategic consulting project where you work with clients on real business problems and solutions.
Whether it’s a career as a Capital Markets Associate, Management Consultant, Brand Manager, Business Analyst, Commercial Banking Associate or Operations Analyst – the Schulich MBA will provide you the knowledge and network to succeed.
Throughout the MBA program, you will have access to the Centre for Career Design (CCD). As Schulich’s in-house team of certified Career Coaches and Industry Advisors, the CCD offers a wealth of innovative resources, individualized mentoring and coaching to help advance your career. Meet alumni, recruiters and industry leaders at corporate information sessions and other CCD events, and receive online access to the very best career tools available.
Recruiters value the communication, interpersonal and leadership skills that Schulich MBA graduates possess, and regularly hire Schulich MBAs.
The MBA curriculum includes 33.00 credits of core courses designed to equip students with a common set of capabilities necessary for effective management in the private, public, and nonprofit sectors.
In addition to foundational core courses, students have the opportunity to complete 27.00 credits of electives, allowing for deeper exploration in a particular area of focus, completion of a specialization or pursuit of a diploma.
As the capstone of the program, students will participate in the Strategy Field Study. In this exciting consulting project spanning two terms, teams conduct a strategic assessment of an organization and its environment, and present recommendations to senior management.
Learn more about the Strategy Field Study.
Students are eligible for graduation upon their successful completion of 60.00 credits. Students may shorten the duration to complete their MBA if they receive Advanced Standing.
Why Choose A Two-Year MBA Program in the UK?
Traditional format students are said to have a richer college experience. You can stay in the academic environment for longer periods of time, which allows you to interact with your peers and professors more.
Although knowledge and understanding can be gained quickly, developing competence takes time. To gain in-depth knowledge, you must devote time to digesting and integrating information. You must read, apply the material, create presentations, study, write exams, and apply the material in real-world situations.
Future Scope after 2-year MBA in the UK
Obtaining an MBA from a UK university is a sure way to success. MBA degrees from UK universities are highly valued in the job market. It serves as a lead magnet for employers all over the world. In the United Kingdom, there are over 6 million business entities with excellent potential for MBA graduates.
Q1. Is it worthwhile to pursue a 2-year MBA in the United Kingdom?
Ans. Yes, pursuing a two-year MBA in the United Kingdom is worthwhile because the profits can be as high as 202,000 GBP(20,324,634 INR) each year. The two-year gap allows overseas students to acquire professions and responsibilities where they can make good money while also gaining useful experience.
Q2. Is it possible for me to work in the United Kingdom after completing my MBA?
Ans. Yes, it is possible to work after completing MBA in the UK. Students have access to a post-study work visa for 2 years.
Q3. Is an MBA in the United Kingdom in high demand?
Ans. MBA programs focused on specific industries, including hospitality, finance, international business, and marketing, are in high demand in the United Kingdom.
Want to pursue two-year MBA programs in the United Kingdom? Then contact our Leverage Edu experts on 1800 572 000 and get all your queries about the study abroad programs and destinations sorted out.
Two-year students concentrate on their studies with few distractions and begin by looking at the big picture. It means you’ll be an excellent candidate for management fast-track programs, entry-level consulting positions, or any other graduate-level position in the business.
The two-year format is less intense than the one-year format, and it includes a wider range of electives, placements, and study trips, allowing you to focus more precisely on your studies.
Expand the menu below to see detailed degree requirements.
IVEY
MBA
Begins each
March in
London, ON,
Canada.
A LIFE-LONG
ADVANTAGE.
A YEARLONG MBA.
in Canada for
student
assessment
of career
services
#1
MBA program
#1
in Canada *
in Canada
for education
experience ‡
‡
#1
Features
“If I were to summarize Ivey in one word, it would
be transformational. You’ll notice how you change
as the days and months go by, to the point that
you are thinking in ways that astound you, and
make an impact on those around you.”
A TRANSFORMATIONAL
EXPERIENCE.
Carlos
– Carlos González Meyer, MBA ’18
Marketing Manager, Standards-Memberships,
2 / Ivey MBA
Events & Government Relations, CSA Group
IVEY NETWORK
Join an outstanding
alumni network of
more than 31,000 that
believes in paying it
forward and giving back.
18
GETTING STARTED
Start your journey
towards an Ivey MBA.
24
BY THE NUMBERS
Our reputation, by
the numbers.
20
YEAR AT A GLANCE
Everything you need to
know about your year
at Ivey.
22
LEADERSHIP
ESSENTIALS
Discover the five
elements that are
at the core of
everything we do.
12
REAL-WORLD
LEARNING
Hands-on, experiential
learning sets us apart
and is brought to life by
award-winning faculty
using our renowned
Case-Based approach.
4 8
WORLD-CLASS
CAREER OUTCOMES
Our Career Advisors
help you chart a path
from the moment you
start at Ivey through
to graduation.
6
STUDENT
LIFE
The Ivey student
experience is one
built on close-knit
community and
diverse perspectives.
16
IMAGINE WHAT ONE
YEAR COULD DO
Your year at Ivey will be
immersive, enriching,
and supportive.
Discover what it can
do for you.
YOUR
FIRST CASE
Experience a real case
and discover why CaseBased learning is the
foundation of the
MBA Program.
14
‡ The Economist Full-time MBA Ranking 2021
* Bloomberg Businessweek MBA Ranking 2014-2019, 2022
As Canada’s leading business school, you are investing in yourself when you
choose the one-year Ivey MBA Program.
Our one-year program will minimize your time away from the workforce. You’ll
immerse yourself, without distractions, in our world-class curriculum. And you’ll
form strong bonds with exceptionally talented and diverse classmates from around
the world. Throughout your journey here, you can count on a supportive team to
help you advance to your next career goal. The result: you’ll achieve more than you
ever thought possible, all in one year.
IMAGINE WHAT ONE YEAR CAN DO
Give yourself a
year. Get back
more than you
imagined.
“The strength of Ivey’s network, the
undeniable culture of ‘paying it forward,’
and the people I met have genuinely
inspired me to be a better person. The
personal growth I experienced and the
relationships I fostered have become the
most valuable part of my Ivey journey.”
Kwang
– Kwang Pithayachariyakul, MBA ’17
Vice President, Investment Banking,
TD Securities
4 / Ivey MBA
Career support
at Ivey. Career
outcomes for life.
WORLD-CLASS CAREER OUTCOMES
You have a vision of your future – and we have
the resources and expertise to help you get there.
From the moment you start at Ivey, our world-class
Career Management team will be by your side to help you
build a personal plan and ensure you achieve your high
career aspirations.
Your career goals are central to your success; that’s
why Career Management is integrated throughout the
MBA Program. Classroom activities are combined with
innovative experiences like Ivey’s renowned annual
networking event.
Our job offer rates are consistently over 90 per cent.
Year over year, our students, alumni, and recruiters give
us top scores when evaluating our Career Management
services.
From admissions to graduation and throughout your
career, we’re here to help you every step of the way.
“Career Management support at Ivey was invaluable.
Regular meetings with my career advisor on how
to approach networking was truly life-changing in
helping me with jobs after my MBA.”
Keisha
– Keisha Bailey, MBA ’15
Vice President,
TD Asset Management
† The Economist Full-time MBA Ranking 2016-2021
in the world for student assessment
of career services, five years running†
20 T
O
P
6 / Ivey MBA
Learn by doing
- a leadership
advantage.
Hands-on, experiential learning gives Ivey students an advantage.
Through a diversified roster of projects, activities, and more than 300
business cases, the Ivey MBA experience is all about real-world learning
for real-world problems. From the moment you graduate with your Ivey
MBA, you are prepared to take on real business challenges, and the
difference will be noticeable throughout your career.
REAL-WORLD LEARNING
“When I meet Ivey students or alumni,
I know that they’ve been tested and
thrived; I know that they’ve received
first-class professional and career
management training. And, that they
know what it means to lead, to problemsolve, and to pursue excellence.”
Gillian
– Gillian Fletcher, MBA ’15
Regional Business Manager,
Johnson & Johnson
8 / Ivey MBA
“Case discussions offer perfect ‘aha!’ moments
to weave insights from the case at hand, to my
research in digital transformation, and to the
students’ work experiences.”
Nicole
– Nicole Haggerty, HBA ’89, PhD ’04
Associate Professor,
Ivey Business School at Western University
Real-world
learning is
the norm, not
the exception.
REAL-WORLD LEARNING
Case-Based learning sets Ivey, and its students, apart.
Real-world examples form the foundation of the Ivey
education experience. Cases are dissected, discussed,
and debated in a stimulating environment.
Guided by world-class professors, and enriched by your
fellow students, your classroom conversations will be
dynamic and immersive. Case-Based learning is at the
heart of how Ivey’s students learn. The approach will
allow you to practise the leadership skills that mirror
real-life situations. The result is a transformation in
thinking, and lifelong leadership essentials.
Teaching faculty matters.
Their real-world business experience and expertise is
demonstrated not only in the classroom, but by the
business cases they write, and the research they do
with organizations. Ivey faculty will get to know you as
an individual, and they are highly committed to your
success. They love teaching, and it shows.
10 / Ivey MBA
Ivey’s five
Leadership
Essentials.
LEADERSHIP ESSENTIALS
The Ivey MBA opens your mind to how
the business world really works and
prepares you to take challenges head-on.
Develop Leadership Essentials
With a focus on experiential learning,
you will accelerate your leadership
capabilities. We call these five capabilities
the Ivey Leadership Essentials. They are
at the core of everything we do.
The five interlinked Leadership
Essentials give you not just the business
fundamentals that you would expect
from an MBA program, but also the
leadership capabilities required to turn
concepts into decisions, knowledge into
action, and ideas into change.
Leadership
Essentials
Take action
Knowledge is a
commodity. Today,
leadership is about
applying your
learning effectively.
At Ivey, you’ll gain the
confidence to turn
knowledge
into action.
Communicate persuasively
Effective communication isn’t about
winning. It’s about sharing your ideas
persuasively in the classroom, in teams,
and ultimately in the boardroom. At Ivey,
you are coached in your communication
effectiveness, your skills honed to the
place where you can communicate
effectively in any circumstance.
Leverage team talent
The strength of a leader is in knowing
your weaknesses. Through hundreds of
cases, you’ll learn how to approach difficult
problems with confidence, work effectively
with people of diverse perspectives and
skills, and solve problems by effectively
engaging your team.
Manage priorities
Great leaders must
be able to focus their
organizations on what
matters now in the midst
of competing choices.
Ivey’s experiential
learning, challenging
program, and demanding
schedule teach you
to navigate these
competing priorities for
the best outcomes.
Embrace complexity
A business case is real, complex, and
challenging. It doesn’t come in the
textbook titled Marketing or Finance.
A case study puts you in the position
of decision-maker, and demands you
understand how to manage the details
to get to the right solution.
12 / Ivey MBA
YOUR FIRST CASE
With more than 4.5 million listings in more
than 65,000 cities and 121 countries, Airbnb
is a household name, synonymous with
unique and affordable accommodation
offering “authentic experiences” from local
hosts. And it all began with one listing:
from their small apartment offering three
airbeds, founders Brian Chesky and Joe
Gebbia began in earnest in 2007 to develop
a new business model in short-term rentals.
This case study profiles the startup from
its inception to its rise in the mid-2010s, as
Airbnb took the leap from small upstart in
a highly competitive market to visionary
leader, fending off competition with
innovative approaches to marketing, social
media, and stakeholder engagement.
Your first case.
Ivey faculty use cases to expand
your perspective on the way
issues impact an organization
by using cross-teaching and
an integrated approach to
curriculum planning. Students
prepare for class by reading the
case and answering a series
of questions. The real learning
begins in the classroom where
the professor acts as a conductor
facilitating the discussion. You
can experience a real Ivey case
study with this Airbnb case.
9B16M186
AIRBNB: BUSINESS MODEL DEVELOPMENT AND FUTURE
CHALLENGES1
Sayan Chatterjee wrote this case solely to provide material for class discussion. The author does not intend to illustrate either effective
or ineffective handling of a managerial situation. The author may have disguised certain names and other identifying information to
protect confidentiality.
Copyright © 2016, Richard Ivey School of Business Foundation Version: 2016-11-24
In 2007, Brian Chesky and Joe Gebbia founded Airbnb. Chesky and Gebbia had met several years earlier
as students at the Rhode Island School of Design. After initially working in Los Angeles after graduation,
Chesky decided to move to San Francisco, where Gebbia was living. The two shared an apartment but were
struggling to pay their rent. While brainstorming ideas to earn more money, they came up with the idea to
rent out the three airbeds they had available. There was an upcoming design conference in their
neighbourhood, and all of the nearby hotels were sold out. They set up a quick website to advertise their
offer for an overnight stay on an airbed in their apartment, along with breakfast in the morning. One would
normally expect to find a few younger 20-somethings who might be interested in sleeping on someone’s
couch during the conference. However, the three people who stayed with them were a 45-year-old father
of five from Utah, a 35-year-old woman from Boston, and a man from India. Given the interest in their
apartment airbeds from a wide variety of people, Chesky and Gebbia decided to expand their small idea
and Airbnb was formed. Engineer Nathan Blecharczyk was added as the third co-founder.
2
From this serendipitous beginning, Airbnb grew into a business that spanned 16 countries and was valued
at $10 billion3 in the most recent round of financing in 2014. However, as of early 2014, its business model
had hit a major road bump. At the request of the State of New York attorney general, Airbnb was forced to
hand over anonymous listing information of hosts who rented out apartments in New York City. While the
listings were anonymous, the attorney general was determined to subpoena some of the hosts that might
have violated a New York law that prohibited any private rentals under 30 days where the host was not
present.4 This caused some consternation among hosts based in New York, and some pulled their listings.
The founders had to evaluate if these short-term rentals in large cities, which drove the majority of their
rentals, had suddenly become vulnerable. They also had to decide whether to defend their business model
in a court of law and in the court of public opinion, or change it.5
CONFERENCE PUSH
For the first year of its existence, Airbnb needed to focus entirely on the gaps between the number of
available hotel rooms and conference attendance. The founders did not seek out hosts that listed their
properties in perpetuity but instead focused on conferences and, later on, other events. The first major
conference they targeted was the 2008 South by Southwest conference and festival in Austin, Texas. To
help market the site and garner interest in Austin, they executed an online public relations campaign.
Because they had no budget to advertise, they relied on getting coverage from various blogs. They initially
Read the full case
14 / Ivey MBA
Our small class size, non-commuter campus, and close-knit
community provides the basis for an exceptional MBA experience.
And because Ivey attracts some of the most talented young
professionals from all over the globe, with diverse cultural and
business backgrounds, the Ivey MBA classroom consistently raises
the bar for its learning environment.
The shared experience you’ll have with your Ivey classmates
creates the foundation for a lifetime of personal and professional
connections you’ll cherish.
.
STUDENT LIFE
Becoming an
Ivey MBA student
means immersing
yourself in a unique
environment that
is friendly, spirited,
supportive,
and unforgettable.
Christina
– Christina Rupsingh, MBA ’16
Senior Manager, Insight and Thought Leadership,
Future of Work, RBC
“Ivey’s class sizes are considerably smaller than other
MBA programs, which meant I knew every single one
of my classmates on a first-name basis. Also, since Ivey
isn’t a commuter school, you get the time to develop
great friendships with your classmates.”
A LIFE-LONG
CONNECTION.
A SHARED
EXPERIENCE.
16 / Ivey MBA
IVEY NETWORK
“The Ivey Network brings enormous
value to your career. Not only will you
be part of the Ivey family, but you’ll
also learn how to network, a valuable
skill that often gets overlooked.”
Erik
– Erik Lapointe, MBA ’17
Chief Commercial Officer,
Tidal Health Solutions
The Ivey Network.
A lifelong connection.
The word Ivey alumni hear most is “yes.” Yes to discussing an
opportunity. Yes to giving advice. Yes to networking with other grads.
Ivey alumni have a habit of saying and hearing “yes” because there
is a strong culture of giving back and paying it forward throughout
the Ivey community. Our grads value the Ivey difference. Regardless
of graduation year, the shared Ivey experience is a connection that
sticks with you throughout your career. With an Ivey MBA, you will
have a network that will last a lifetime.
18 / Ivey MBA
#13
in the world for
networking*
* 13=, Bloomberg Businessweek Best B-Schools Global Ranking 2022-23
Reputation
matters.
“Ivey’s reputation as the number one
business school in Canada was a
key factor in choosing my MBA.”
Maksym
– Maksym Levytskyy, MBA
’19
Director of Investments,
Clarke Inc.
BY THE NUMBERS
20 / Ivey MBA
Ivey’s ranking
#1
among Canadian
MBA programs for
7 years.*
of Ivey MBA grads made at
89%
least one career transition
(Change in industry,
function, or geography).
#1
in Canada for student
assessment of career
services.
†
in Canada for
employment rate
3 months after the
program.
‡
in the world for student
rating for education
experience for
4 years in a row.
‡
10
TOP
#1
‡ The Economist Full-time MBA Ranking 2021 †
Financial Times Global MBA Ranking 2022
* Bloomberg Businessweek MBA Ranking 2014-2019, 2022
#1
program in Canada for
value of money.
†
ONE YEAR
The Ivey MBA –
Year at a glance.
Preparatory
Knowledge Program
To make sure you get the most out
of your MBA class time, we provide
optional courses before the official
program work begins.
These courses are a great way
to refresh your knowledge of
business basics, reacquaint
yourself with a school routine,
and get to know some
of your classmates.
Business
Essentials
Your transformational year
begins in the spring. To ensure
you have a solid foundation in
the core subjects, the first four
months of the Ivey MBA Program
consist of courses including
Strategy, Leadership, Finance,
Accounting, Information Systems,
Operations, Marketing, Analytics,
Communications, and Economics.
View courses
Leading
Cross-Enterprise
This capstone module pulls together
everything you’ve learned and
connects it to today’s real-world
leadership challenges.
You’ll examine some of the “big”
questions like “Who leads best and
how do they do it?;” “How are great
leaders developed?;” and “What are
some of the major forces and trends
that will affect business in the
21st century?”
Real-World
Projects
Put your learning to the test
when you participate in the Ivey
Field Project. You can choose to
develop a new venture or work
with an existing organization to
develop new business solutions.
Career-Focused
Electives
Our elective courses are
designed to support your
career goals and satisfy
your professional and
personal interests.
Learn more
International
Experiences
Participate in an optional study trip
to Asia and Latin America as part of
the elective cycle. You can also
pursue volunteer opportunities
through The LEADER Project where
you will coach promising
entrepreneurs in frontier markets.
If you want to experience an
international study exchange, you
can take advantage of this in the final
semester. This is a great opportunity
to immerse yourself fully in another
culture and to expand your
global network.
MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB
YEAR AT A GLANCE
22 / Ivey MBA
There are three qualities that we look at first when considering
prospective students for an Ivey MBA.
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, and can bring that into the Ivey classroom.
Strong Academic Record: Our assessment of this is based
on your academic history in combination with your GMAT
or GRE score.
Progressive Work Experience: At least two years of quality, 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.
Ready to
get started?
“The Ivey MBA is a fantastic program and
if it is the program for you, make sure you
come in motivated and ready. It is a very
rewarding experience.”
Kanwar
– Kanwar Randhawa, MBA ’17
Director, Enterprise Strategy,
RBC
GETTING STARTED
“We are committed to help you in any way
we can so that you can make a decision that
is best for you and your career. Please feel
free to contact us at any time if you have
questions about the Ivey MBA Program or
MBA programs in general.”
J.D.
– John-Derek (J.D.) Clarke, MBA
Executive Director, Masters Programs
Recruitment and Admissions,
Ivey Business School at Western University
24 / Ivey MBA
Take note
GETTING STARTED
Our recruitment and admissions team’s job is to
help answer any questions that you might have as
you navigate your MBA research and, in particular,
any specific inquiries you have about the Ivey
program or application. Contact a recruiter today!
Contact Info
Lindsay Lippmann
Associate Director, FT MBA Recruiting & Admissions
llippmann@ivey.ca
linkedin.com/in/lindsaylippmann
Aimee Froude
Associate Director, FT MBA Recruiting & Admissions
afroude@ivey.ca
linkedin.com/in/aimeefroude
Anna Creery
Associate Director, FT MBA Recruiting & Admissions
acreery@ivey.ca
linkedin.com/in/annacreery
26 / Ivey MBA
NOTES
For more
information:
Ivey Business School
Western University
1255 Western Road
London, Ontario, Canada
N6G 0N1
Telephone: +1.519.661.3212
Toll free: 1.866.878.4839
Fax: +1.519.661.3431
mba@ivey.ca
iveymba.ca
Visit: iveymba.ca
Profile assessment: go.ivey.ca/resume
Attend an event – online and in person: go.ivey.ca/events
The Ivey MBA is a one-year, full-time MBA program
beginning each March in London, Ontario, Canada.
• Located between Toronto and Detroit
(approx. 200 km from each)
• City population of 400,787
• Western University and student population is 40,000 with
more than 5,800 international students from 128 countries
12-MONTH PROGRAM STARTING IN JANUARY
smithqueens.com/ftmba
Small class sizes
outstanding
faculty, state-of-the-art business
school facility
Powerful
network of
alumni in
150+ countries
Study on-campus in Kingston
at Smith School of Business at
Queen’s University – one of
in Canada
Pioneering
leadership
and team
development
programs
Be ready for fall job interviews and
among the first MBA graduates on the
market with this 12-month
January.
AN MBA UNLIKE ANY OTHER
TECHNICAL EXPERTISE + TEAM DYNAMICS + SPECIALIZATIONS +
INTERPERSONAL SKILLS + CUSTOMIZED COACHING + CAREER SUPPORT
There are a lot of MBA programs
that provide a quality business
education, but very few rival
Smith’s team-based approach,
personalized coaching, and
tight-knit culture. I really felt
I was learning something new
every day in terms of business
acumen, leadership skills
and self-discovery. I would
absolutely recommend this
program to anyone looking
for a transformative MBA
experience.”
Kim Fulton, MBA
Principal
Kearney
Toronto, ON
“
2 | FTMBA
TECHNICAL
EXPERTISE
The MBA from Smith School of Business provides
outstanding foundational management skills
including analytics, accounting, financial theory,
marketing management, information systems,
strategy and more.
In addition, Smith is the pioneer and leader in
fostering the personal and team skills necessary to
excel in business today including group dynamics,
adaptability, communications, leadership,
resilience, and cultural intelligence.
Surveys* of CEOs and corporate recruiters
underscore that it is this combination of technical
management capacity and interpersonal skills that
is most highly valued.
Take the first step and connect
with your application advisor at
smithqueens.com/ftmba
INTERPERSONAL
SKILLS
The MBA unlike any other. It delivers both the
technical expertise and the interpersonal skills
development that employers require today.
*GMAC Corporate Recruiters Surveys
THE
POWERFUL
ADVANTAGE
FTMBA | 3
The Program
Complete your MBA in 12 months and get into
the workforce with the knowledge and skills to
begin advancing your career.
The first six months is foundational curriculum covering
the core management skills required to lead in business.
In the second six months you take elective courses and can
also select an area of specialization (eg. consulting, finance,
marketing & sales, digital transformation, management
analytics, entrepreneurship & Innovation). You will earn
a supplemental certificate in the area of focus.
Substantial team and individual project assignments
allow for deep learning and practical application.
Approach
A multi-faceted approach to teaching
ensures engagement, high-value and impact.
Class instruction is balanced with group
discussion, simulations, team assignments,
and real-world business projects. In addition,
Smith’s Living Case Studies provide a unique
and modern teaching approach immersing
you in business challenges in real time.
For more about our faculty,
go to smithqueens.com/ftmba
Faculty
Smith School of Business faculty work together as
teachers, researchers, and consultants. Together they
create a tightly integrated academic plan for you.
Faculty have outstanding academic credentials and
are also best-selling authors, award-winning teachers
and editors of leading academic journals. Canadian
Business, Bloomberg BusinessWeek, and The Financial
Times have recognized Smith faculty as among the
top management educators in the world.
+ EXPERIENTIAL LEARNING
+ REAL-WORLD BUSINESS PROJECTS
+ SIMULATIONS
+ LIVING CASE STUDIES
+ CLASS INSTRUCTION & DISCUSSION
4 | FTMBA
Options
Pre-MBA Preparatory Sessions
For advance grounding in core concepts and skills,
Smith offers non-credit, one-day sessions in topics such
as Accounting, Finance and Statistics, working with
MBACase, and more.
Certificate in Social Impact
By completing certain courses and participating in key
events and volunteer activities, you can earn a Certificate
in Social Impact and demonstrate engagement in
responsible leadership.
Double-degrees
You can apply MBA credits to other degrees from Smith
School of Business and Queen’s University including
Master of Finance, Master of Management Analytics, Juris
Doctorate, and Master of Science in Healthcare Quality.
Professional Designations
You can begin earning qualifications towards the
following professional designations:
The MBA program was a life changing experience from start
to finish. The diversity of people was incredible — diversity
not only of thought, but of life experiences. Interacting with
and learning from so many unique people provides a great
base for a future career. The program jump started my career
into an exciting new path with a disruptive growth-focused
company. I truly have been overwhelmed by the opportunity
for personal and professional growth.”
Josh Tovey, MBA
Senior Operations Manager
Amazon
Raleigh, NC
“
FTMBA |
5
Team Skills
Smith School of Business pioneered the team-based
learning approach that prepares you for the reality of
today’s workplace. You are assigned a team for the core
of the program and a dedicated professional coach helps
you perform collaboratively at the highest level. You
will have many opportunities to develop your personal
leadership capacity.
Executive Coaching
Become your best self with one-on-one coaching
to maximize your effectiveness in the workplace.
Coaching is an integral part of the Smith School
of Business offering and will give you a greater
understanding of yourself, your strengths and your
weaknesses. This will have a powerful impact on your
performance and your working relationships. Coaching
covers a range of areas from conflict resolution to
anxiety management to mindfulness.
Experiential Learning
‘Learn by doing’ through participation in the TriColour
Venture Fund (TCVF), Canada’s first student-advised
venture capital fund. Students meet with potential
portfolio companies, assess the opportunities,
conduct due diligence and make recommendations
to the Investment Advisory Board - a committee of
seasoned entrepreneurs, angel investors, and venture
capitalists. Deals are syndicated in conjunction with
some of Canada’s leading venture capital companies
and angel investors.
Queen’s University Alternative Assets Fund (QUAAF)
is Canada’s first student directed portfolio of hedge
funds managing a portion of the university’s endowed
funds. Each generation of QUAAF members is
responsible for ensuring sustainable operations
and financial stewardship of the fund, providing
outstanding practical experience.
Our program is unique in its focus on
developing the ‘whole you’ to be as
successful as possible in your career.
THE SMITH
DIFFERENCE
6 | FTMBA
The MBA experience at Smith helped me further refine
the type of leader I wanted to be. It also gave me the
confidence and the tools to successfully pivot into
a completely new career that would not have been
available to me otherwise. My year was truly a lifechanging experience where I not only gained a wealth
of contacts through the alumni network, but also
made lifelong friends.”
Roxane Ducasse, MBA
Project Manager
End-to-End Supply Chain at Walmart
Mississauga, ON
Lifestyle Coaching
Prepare for the fast pace and high demands of
your business career with the optional lifestyle
coaching program Fit to Lead™ that addresses
physical, mental and emotional well-being.
Cultural IQ
In today’s diverse and global business environment,
cultural intelligence is critical. Smith has partnered
with the Cultural Intelligence Center to teach
how culture influences behavior and thought
processes, and effective strategies for managing
in a multicultural environment.
International Opportunities
Study opportunities, available at more than
30 of the world’s top business schools, provide
an exceptional experience in a region of interest
to you.
“
FTMBA |
7
Recruitment & Career Support
You want to find the job that showcases your skills and
capabilities and accelerates you on an exciting career path.
The Smith School of Business Career Advancement Centre
will work with you from the start of your MBA to identify
your passion and help you secure a great job. The Centre
maintains strong relations with outstanding organizations
across Canada and around the world, and recruiters are
regularly on campus meeting with students.
A personal Career Coach will work with you one-onone to help you prepare and manage your job search
process. Coaches have specialized experience, training
and connections in specific sectors.
“
At graduation you join a powerful network of Smith
and Queen’s alumni in more than 150 countries.
Regular events and meeting opportunities help you
build valuable connections that will last a lifetime.
Smith is also the Official National Business Education
Partner of the Canadian Olympic Committee.
Join a Powerful Alumni Network
Anything you do in life that is challenging gives you
the opportunity to grow. After retiring from the Canadian
Women’s Rugby Team, I researched potential career paths in
business which led me to Smith. I enhanced my knowledge of
business theories, concepts and skills transference and I feel
I’m better prepared to pursue a career or start a business.”
Megan Lukan, MBA
RBC Olympian
Associate Financial Advisor
Black Star Wealth
Halifax, NS
8 | FTMBA
The team-based approach to the
curriculum really excited me. For
the first six months of the program,
while you’re going through the
core foundational courses, you’re
assigned to a team. Our team was
incredibly diverse. What I thought
was really beautiful about that was
that everyone brought a unique
approach and perspective to the
problem. It was challenging at
times because you needed to find
common ground, but I think it
made the quality of the product
and the learning that much better.”
Hanif Shariff, MBA
Consultant
McKinsey & Company
Vancouver, BC
“
Smith School of Business
Smith School of Business at Queen’s University
is renowned for its excellence, innovation and
leadership in business education.
From establishing the first undergraduate business degree
a century ago to creating ground-breaking programs and
courses in emerging areas including artificial intelligence,
fintech, analytics, cultural diversity, team dynamics, social
impact and more, Smith is at the forefront of preparing
you for the business marketplace.
In addition to its rich tradition of academic and teaching
excellence, Smith is known for delivering an outstanding
learning and development experience. Small class
sizes, personal attention, individual and team coaching,
opportunities for specialization, and a deep commitment
to student success characterize the Smith experience.
Recognized as a top global program by
FTMBA | 9
I chose to pursue my MBA at Smith because
of the team-oriented curriculum, the caliber
of the alumni network, and the renowned
academic vigour of the school. I’m pleased to
say that these criteria were met and exceeded.
Prior to Smith, I was playing professional
football in the CFL and working as a project
director for a non-profit. I used the MBA as
a catalyst to make a transition that many
athletes find difficult, and with the support of
the program I was able to thrive during this
precarious time of my life.”
Andrew Lue, MBA
Consultant
Boston Consulting Group
Toronto, ON
“ Smith’s team-based approach
and small class size enabled me
to build strong relationships with
classmates. I learned something
new from teammates every day and
we helped each other to become our
best selves. The skills I gained from
the team experience allowed me to
interact and work effectively with a
diverse group of people. These skills
ultimately helped me transition
from engineering to investment
banking. I would definitely
recommend the program.”
Lina Yang, MBA
Senior Financial Analyst
Teck Resources Limited
Vancouver, BC
“
10 | FTMBA
Canada is a thriving and welcoming
environment for business students. It was
ranked #1 for Best Quality of Life (2020, U.S.
News & World Report) citing its economic and
political stability, strong job market, diversity,
quality of education system, and safety.
Kingston is a dynamic small city
with great amenities, resources,
events and attractions.
Smith attracts students from more than
40 countries including full-time, exchange
and international double-degree students.
Our Application Advisors can assist you in
understanding requirements for studying
in Canada.
For current and future events,
go to visitkingston.ca
and kingstoncanada.com
Studying in Canada
FTMBA | 11
GLOBAL
PERSPECTIVE
We prepare you to thrive in an increasingly global business environment
— through Cultural IQ, an exchange opportunity and a global alumni
network. Typically more than 40 per cent of your MBA classmates will
come from outside Canada. Expand your perspective and build strong
connections as you work in class, in teams, and on projects.
Cultural IQ
Smith School of Business has partnered
with the Cultural Intelligence Center to
help our MBA students strengthen their
Cultural IQ, which assesses your ability
to relate and work effectively in diverse
situations. Learn how culture influences
behaviour and thought processes, and
gain effective strategies for managing in
a multicultural environment.
International Alumni Network
On graduation become part
of the powerful Smith School
of Business and Queen’s
University alumni network in
more than 150 countries.
Outside Front
FTMBA | 13
ARGENTINA Buenos Aires Torcuato Di Tella University,
Di Tella Business School
AUSTRALIA Brisbane Queensland University
of Technology
AUSTRIA Vienna WU, Vienna University of
Economics and Business
BELGIUM Brussels Solvay Brussels School of
Economics & Management
BRAZIL São Paulo FGV EAESP, São Paulo School
of Business Administration
CHINA
Beijing
Cheung Kong Graduate
School of Business
Peking University, Guanghua
School of Management
Tsinghua University, School of
Economics and Management
Shanghai
China Europe International
Business School (CEIBS)
Fudan University, School
of Management
Shanghai Jiao Tong
University, Antai College of
Economics & Management
Shanghai Jiao Tong University,
Shanghai Advanced
Institute of Finance
Tongji University, School of
Economics & Management
DENMARK Copenhagen Copenhagen Business School
FINLAND Mikkeli Aalto University,
School of Business
FRANCE
CergyPontoise ESSEC Business School
Lyon EMLYON Business School
GERMANY
Leipzig HHL Leipzig Graduate
School of Management
Mannheim University of Mannheim,
Business School
Vallendar WHU — Otto Beisheim
School of Management
HUNGARY Budapest
Corvinus University
of Budapest, Corvinus
Business School
INDIA
Bangalore Indian Institute of
Management Bangalore
Ghaziabad Institute of Management
Technology, Ghaziabad
Hyderabad Indian School of Business
ITALY Milan Università Bocconi
JAPAN
Nagoya Nagoya University of
Commerce & Business
Tokyo Waseda University,
Faculty of Commerce
MEXICO Mexico City Universidad Panamerica,
IPADE Business School
NETHERLANDS Rotterdam Erasmus University, Rotterdam
School of Management
NORWAY Bergen NHH Norwegian School
of Economics
RUSSIA St. Petersburg
St. Petersburg University,
Graduate School of
Management
SINGAPORE Singapore
National University
of Singapore, NUS
Business School
SOUTH AFRICA Bellville University of Stellenbosch
Business School
SWEDEN Stockholm Stockholm School
of Economics
SWITZERLAND St. Gallen University of St. Gallen
THAILAND Bangkok
Chulalongkorn University,
Faculty of Commerce
and Accountancy
UNITED
KINGDOM
Birmingham Aston University, Aston
Business School
London London Business School
International Exchange
Smith’s MBA program offers exchanges at more than 35
partner business schools around the world. Through this
extensive international partnership network, there are
enough places for every MBA student to participate in a
short or long-term exchange.*
Inside Back
Inside Front
*Seats at individual exchange partners cannot be guaranteed.
FTMBA | 14
CLASS AND CAREER
.
Outside Front
Accelerating Your Career
Our faculty, staff, coaches and Career Advancement Centre team work
closely with you to help you find the post-graduation job that showcases
your skills and capabilities, and accelerates your career.
$120,852 CAD
average total compensation
accepted a job offer within
3 months of graduation 98% (100% reporting rate)
Class of 2021
FTMBA | 15
Class Profile
59%
male 40%
female
Sample of Companies that Hire Our MBAs
36% Financial Services
26% Consulting
Technology 13%
Healthcare 6%
Retail 5%
Consumer Goods 4%
Government 2%
Non-Profit 2%
Real Estate 2%
Telecommunications 1%
Marketing Services 1%
Other 2%
Employment by Industry
Class of 2023
Class of 2021
CONSULTING
• A.T. Kearney
• Accenture
• Boston Consulting Group
• Capgemini
• Deloitte
• EY
• KPMG
• McKinsey & Company
• PricewaterhouseCoopers
CONSUMER PACKAGED
GOODS/FOOD/
PHARMACEUTICAL
• Johnson & Johnson
• McCain
• Maple Leaf Foods
• Molson Coors
• PepsiCo
• Pfizer
• Reckitt Benckiser
• Unilever
TECHNOLOGY &
COMMUNICATIONS
• Amazon
• Adobe
• Bell
• Google
• IBM
• Microsoft
• Rogers
• Telus
• Uber
• Xerox
ENTERTAINMENT/
MEDIA/ INFORMATION
• Disney
• Nielsen
INVESTMENT &
FINANCIAL SERVICES
• Bank of America
Merrill Lynch
• BMO
• Brookfield Financial
• Capital One
• CIBC
• CPPIB
• Credit Suisse
• Dundee Capital Markets
• Equitable Bank
• HBC
• Mackenzie Investments
• Macquarie Group
• Manulife
• National Bank
• RBC
• Scotiabank
• Sun Life Financial
• Travelers
• TD Bank
• Waterton Global
Resource Management
CONSTRUCTION/
INFRASTRUCTURE/
REAL ESTATE
• Aecon
• Cadillac Fairview
• Emma Capital
• Oxford Properties
MANUFACTURING/
INDUSTRIAL/ CHEMICAL/
ELECTRONICS
• DuPont
• Dow Chemical
• GE
• Honeywell
• Tenaris
• Texas Instruments
ENERGY & RESOURCES
• Atomic Energy of Canada
• Haliburton
• Imperial Oil
• Shell
• Suncor
• Teck Resources
• TransCanada
LUXURY GOODS
• Christian Dior
HEALTHCARE
• Hamilton Health Sciences
• Harvard Medical School
• Health Canada
• Heart & Stroke
• The Hospital for
Sick Children
• John Hopkins University
• University Health Network
RETAIL
• Canadian Tire
• Indigo
• Loblaw
• Staples
• Tim Hortons
• Walmart
We’ll Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process, during
the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
Inside Back
Inside Front
average base salary
delta vs. pre-MBA job
of grads made at least
one career transition
(industry, function or city)
69% 93%
4.2
average years of
work experience
78
students
28
average age
The Full-time MBA has deliberately small class sizes and diverse student
backgrounds which make for an outstanding learning experience.
From countries including: Bangladesh,
Bulgaria, Cameroon, Canada, China, Costa
Rica, India, Ireland, Kenya, Lebanon, Mexico,
Nigeria, Pakistan, Peru, Philippines, Portugal,
Serbia, Turkey, and USA.
Academic backgrounds include arts, business,
economics, engineering, healthcare, law,
sciences, technology, and more.
58%
Canadian
students
42%
International
students
1%
non-binary
FTMBA | 16
CURRICULUM
Complete your MBA in 12 months and re-enter the workforce
with the knowledge and skills to begin advancing your career.
Our modern curriculum features relevant courses that align
with employer needs. Through specializations including Digital
Transformation and Management Analytics, you will gain a broad
understanding of the global business environment and be equipped to
handle today’s business challenges. Our integrated approach to teaching
encompasses a variety of methodologies. This will allow you to develop
a full understanding of business functions applicable to any industry.
There are two modules: the Foundations Level, which provides an
overview of business fundamentals; and Mastery Level, which enables
you to choose an area of interest.
Upon completion of the MBA, you may then choose to advance to
the Expert level by pursuing a second Master’s degree in this area
of specialization.
Outside Front
FTMBA | 17
Business
Fundamentals
Career
Concentrated
Electives
Business Pre-MBA
Preparatory Sessions
Expert Level:
Double-degrees
Smith offers optional non-credit, one-day sessions in topics such as Accounting,
Finance and Statistics, case preparation, and more.
The Expert Level enables you to apply some of your MBA credits to a second Master’s degree.
Currently there are five options:
• Master of Finance
• Master of Management Analytics
• Juris Doctorate
• Master of Science in Healthcare Quality
• Master of Management in Artificial Intelligence
There are multiple ways to pursue a second degree.
Foundational curriculum covering the core management skills required to lead in business.
Take eight elective courses and an optional
area of specialization. Earn a supplemental
certificate in that area of focus.
Substantial team and individual project
assignments allow for deep learning and
practical application.
Specializations are offered in the areas
of highest demand such as:
• Consulting
• Finance
• Marketing and Sales
• Entrepreneurship and Innovation
• Management Analytics
• Digital Transformation
• Business Analytics
• Business and Corporate Strategy
• Business, Government and the Global Economy
• Economics and Industry Analysis
• Finance Fundamentals
• Financial Accounting
• Introduction to Digital Business
• Leading with Integrity
• Managing Human Capital
• Marketing Fundamentals
• Negotiations & Conflict Management
• Operations and Supply Chain Management
• Professional Communication Skills
• Integrated Team Project*
JUL
JAN
FEB
MAR
APR
MAY
JUN
AUG
SEP
OCT
NOV
DEC
Inside Back
Inside Front
* Our project based courses offer a unique opportunity to work with Small to Medium Size
Enterprises (SME) and put into practice what you are learning throughout the program.
NEW
ELECTIVES
• Advanced Portfolio
Management
• Analytical Decision Making
• Consumer Focused Marketing
• Corporate Valuation &
Mergers and Acquisitions
• Creating & Executing
Market-Based Strategy
• Decision-making
in Competitive
Environments NEW
• Digital Execution NEW
• Digital Transformation NEW
• Diversity and Inclusion
in Organizations NEW
• Dynamic Strategy Analysis NEW
• Finance Strategy
• Financing of New Ventures
• Global Strategy
• Management Accounting
• Managing Agile Projects
• New Venture Management
• Organizational Intelligence
& Strategy NEW
• Pricing Analytics
• Risk Management
• Sales Management
• Strategic Problem Solving
& Insights NEW
• Strategic Service Operations
• Strategy Implementation
& Change
• Topics in Analytics NEW
• Tri-Colour Venture Fund
• Individual Project (mandatory)*
FTMBA | 18
Let Us Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process,
during the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada, K7L 3N6
Toll-free: 1.888.393.2622
PROFESSIONAL DESIGNATIONS
While completing your MBA at Smith, you
can begin a professional designation:
Options
CERTIFICATE IN SOCIAL IMPACT
Participating students have an opportunity to augment
their degree with exposure to the dynamic world of social
impact — exploring areas such as sustainability, social
finance, social innovation, social entrepreneurship, and
values-based leadership. By completing certain courses
and participating in key events and volunteer activities,
you can earn a Certificate in Social Impact.
FTMBA | 19
ADMISSIONS
We are looking for exceptionally talented and motivated individuals.
Academic strength, career progress, leadership potential, and strong
interpersonal and communications capacity are just some of the
characteristics we are seeking for Smith’s MBA Class of 2024.
Successful applicants will typically meet the following requirements:
• A four-year (or international equivalent) undergraduate
degree from a recognized university;
• Two years relevant work experience;
• An acceptable and complete GMAT or GRE score;
• If applicable, an acceptable score on an approved English
proficiency test (TOEFL, IELTS, PTE, or MELAB);
• Two professional references; and
• Completion of two video questions and one written response.
In compelling cases, exceptions may apply. Candidates who meet the
core requirements may be invited for an admissions interview.
FTMBA | 20
Fees and Scholarships
The MBA fee includes program enrollment,
all books, case materials and other
instructional supplies, events like case
competitions, career related non-academic
events, and executive coaching.
The fees for Class of 2024 (starting January
2023) are $83,444 CAD for domestic and
$104,100 CAD for international students.*
All qualified candidates who submit a
completed admissions application will be
automatically considered for a number of
entrance scholarships.
There is no application fee.
The Time is Now
Admission to the Smith MBA
is competitive. Applicants are
encouraged to apply early as space
and academic scholarships are limited.
Complete applications are reviewed
immediately upon receipt and
admissions decisions are rendered
after references are checked.
Key Program Dates
• Classes start — January
• Early round major scholarship
decisions — May 1
• International application
deadline — September 1
• Late round major scholarship
decisions — October 1
Let Us Help You Get Started
We provide a highly personalized experience from
initial inquiry, through the admissions process, during
the program, and after graduation.
Contact us through smithqueens.com/ftmba or
at 1.888.393.2622 to work one-on-one with an
Application Advisor.
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada, K7L 3N6
Toll-free: 1.888.393.2622
A22.0043
Financing
Domestic students
Smith School of Business has partnered with
RBC to offer a student line of credit tailored
to your needs.
Those accepted into the Full-time MBA
Program can now apply for the Ontario
Student Assistance Program (OSAP).
Visit smithqueens.com/ftmba for detailed information
on fees, scholarships and financing options.
*Fees are subject to final approval from the Queen’s Board of Trustees
FTMBA | 21
At Smith School of Business
we provide a highly personalized
experience from initial inquiry,
through the admission process,
during the program, and after
graduation.
From the start we will work with you to
assess your fit for the program and help
you apply for admission. We’re looking
for outstanding individuals with stellar
academic capacity, a great work ethic,
the ability to work effectively in teams
and strong interpersonal skills.
For more information on
the admission process
and requirements go to
smithqueens.com/ftmba
LET US
HELP
YOU GET
STARTED
The Stephen J.R. Smith School of Business
Goodes Hall, Queen’s University
Kingston, Ontario, Canada K7L 3N6
Toll-free: 1.844.533.1651
smithqueens.com/ftmba
A21.0064 Information in this brochure is accurate at time of publication.
The Montreal advantage
• Top 5 Best student cities in the world
(QS Best student cities ranking)
• #1 Safest city in North America
(Statistics Canada)
• #1 Most affordable major city in Canada
and the U.S. (UBS Prices and earnings, 2018)
Bienvenue à Montréal!
Montreal consistently ranks as one of the world’s
best student cities. Safe, clean and cosmopolitan,
it offers a high quality of living at a low cost. In
an affordable city with a vibrant atmosphere,
Montrealers thrive on great food and culture,
getting around by using its world-class cycling and
public transportation infrastructure.
Located in the vibrant heart of downtown
Montreal, Concordia University’s John Molson
School of Business is one of Canada’s leading
business schools.
Practical. Flexible. Experiential
The John Molson MBA is a practical program
in every possible way. We look at management
practices from a holistic and interdisciplinary
perspective. Our flexible program allows you
to create a schedule that fits your life while
you acquire the comprehensive skills employers
want through our case-based and experiential
learning approach.
MBA 650
Crafting and Implementing Successful Strategies
MBA 647
Managing People
in
Organizations
MBA 648
Business Process
Management
MBA 649
Strategic
Managerial
Accounting and
Control
MBA 643
Managerial
Analytics
MBA 644
Marketing
Management
MBA 645
Economics
for
Organizational
Decision
Making
MBA 646
Financial
Management
MBA 642
Financial Reporting for Responsible Decision Making
MBA 641
Responsible Manager
MBA 640
On Ramp (no credit)
Class profile
Designed as a two-year, 45-credit
program, the John Molson MBA may be
completed in as little as 16 months by
taking summer classes. It covers a wide
array of business topics to strengthen
your strategic decision-making and critical
thinking abilities.
On-ramp
Comprised of several quantitative
modules, this online course will give you
invaluable tools to prepare for the rest of
the MBA program.
Core (30 credits)
Our case-format core begins with an
overview of ethics, sustainability, and
the role of organizations in society. You
will then develop the practical expertise
needed to manage specific business areas
and finally apply it to cross-functional
business problems.
Join a diverse network
Expand your network and learn from
students who come from all over the
world, bringing together a diverse range
of backgrounds. Our small class size allows
for close-knit interactions with your peers.
Seize the opportunity to gain practical skills while earning credits toward your degree. The hands-on
experience, practical knowledge and network developed through these options add tremendous value to
your profile. Personalize your experience by tailoring the program according to your interests, motivation
and career goals.
Electives (15 credits)
Compete Experience Explore
ICOP Social Business
Case Competition
Live Case Challenge
MBA Case Competition Organizer
and Participant
MBA International Case
Competition Executive
Van Berkom Small-cap Investment
Case Competition
CEO shadowing
Co-op paid internship
Concordia Small Business
Consulting Bureau
Community Service
Initiative
Van Berkom Investment
Management Program
International exchange
Business research paper
Elective courses in:
• Accounting
• Business Technology
Management
• Data Analytics
(SAS certification available)
• Finance
• Management
• Marketing
• Supply Chain Management
• Surgical Innovation
CEO shadowing Unique to JMSB is the opportunity to learn to lead by shadowing a top executive. This special feature of the Co-op paid
internship program allows MBA students to work alongside the CEO of a small or medium-sized enterprise for up to 15 weeks.
Tap to learn more
Continue developing your skills and leadership style
by getting involved outside of the classroom. Every
year, our students participate in a wide array of case
competitions, community initiatives and networking
activities, taking their education and careers to the
next level by applying what they have learned in a
practical way. Getting involved in extra-curricular
activities is an excellent way to set yourself apart
while making connections that will last a lifetime.
• International Community Outreach Program
• John Molson Graduate Student Association
Speaker Series
• John Molson Entrepreneurship Club
• John Molson Graduates Investment Club
• John Molson Sustainable Business Group
• John Molson Women in Business Club
• MBA Case Competition Committee
• MBA Society
• Briscoe Business Ownership Club
• John Molson Project Management Club
Experiential learning was the highlight
of my MBA. Case competitions exposed
the intricacies of a wide range of industries
and inspired me to pursue a career in
sustainable investing. Many opportunities
and important insights arose out of my
involvement and I feel privileged to be a
part of the JMSB community.
Winnie Hu (MBA’19)
Get involved as an organizer or compete against
the world’s very best teams. Open to top business
schools worldwide, the John Molson MBA
International Case Competition is recognized
as the largest case competition of its kind. Our
annual, not-for-profit event welcomes 36 teams
from universities across the globe for a weeklong competition at the start of January and is
organized by a team of MBA students.
As part of the John Molson International
Case Competition, I gained access to
incredible mentorship from a board of
directors composed of C-Level executives.
Their advice and outlook on the challenges
we faced as a team had a huge impact on
my professional development. It was also
through ICC that I built my strongest and
most lasting friendships in the MBA.
Evan Baker (MBA’20)
Tap to learn more
Dedicated to your success, Career Management
Services supports all students and alumni in their
professional endeavours and provides relevant
resources to help you reach your career goals.
• Personalized support for résumé and cover
letter writing, job search, interview preparation,
job offer negotiation, LinkedIn / digital brand
management and dining etiquette.
• Graduate Student Elevator-Pitch Day
• C-RISE program for international students
(career seminars, networking events, etc.)
Yingying Zhang, Bombardier
(Strategy Intern), Montreal
Sample of employers who recruit JMSB graduates
Karolyne Courville, Deloitte
(Consultant), Montreal
Sapandeep Singh Randhawa, CIBC
(Associate, GLDP) Toronto
Tap to learn more
“The John Molson School of
Business allowed me to meet
and work with high-achieving,
motivated individuals of
the highest caliber, who
pushed me to better myself
and strive for excellence.
The experiential learning
opportunities provided by
the MBA program were key
to my personal and
professional growth.”
– Paola Sunye
An MBA is a significant financial and time investment,
which is why it is important to find the right fit to
achieve your personal and professional goals. At JMSB,
we take a holistic approach to admissions and assess you
based on your work experience, intellectual abilities,
leadership potential and communications skills.
Tuition fee*:
$6,000
(Canadians / Permanent
Residents - Quebec)
$14,000
(Canadians / Permanent
Residents – other)
$40,000
(International)
*Approximate total tuition. Merit-based scholarships are available to candidates applying by March 1.
What you need to apply:
Transcripts of
undergraduate degree
3.0+ GPA
GMAT
580+
TOEFL / IELTS*
95 / 7.0
CV / Resume
Required:
2+ years
of relevant working
experience
Statement of purpose
(500 words)
3
letters
of reference
Video interview
More questions?
Connect with
a recruiter!
gradadvisor.jmsb@concordia.ca
514-848-2424, ext. 2716
Application deadlines
September admission
March 1 Round 1 – International & Scholarships
May 1 Round 2
June 1 Round 3 – Canadian / Permanent Residents
January admission
June 1 Round 1 – International
October 1 Round 2 – Canadian / Permanent Residents
Tap to learn more
1450 Guy Street
MB 6.201 (6th Floor)
Montreal, Quebec H3H 0A1
Email: gradadvisor.jmsb@concordia.ca
CONCORDIA.CA/MBA
T20-62246
