Are Canadian MBA's a complete waste of time?
Would love to hear some thoughts on this from people who have attended these programs and/or work on Bay street from sheer hustling without the pricey 3 letters.
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If your goal is to work on Bay Street then it’s not a waste of time, if you go to a reputable MBA program.
The cost of an MBA is small relative to the pay of a good role in finance.
Any thoughts on Rotmans Part Time program?
My suggestion is to look for people in the roles you want, on LinkedIn, and see where they went to school. This will give you an idea of what the target schools are.
IMO, if you want to work in a front office role and you're in a different Industry, or in a back/middle office role and want to me a move to the FO, Rotman or Ivey are by far and away your best bets. Rotman places about 5-10 students at MBB every year and about 10-15 in Investment Banking (Including the big 5 Canadian banks and the International BBs)
From what I understand, you will not have access to recruiting as part of the Rotman Part Time program.
I went to Rotman and while it definitely is pricey, it helped me do a Triple Jump (i.e. change countries, industries, and functions which would not have been possible without an MBA) PM me if you have any questions.
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Ivey is definitely top 2.
However, in my opinion and arguably most people on the street, the Rotman MBA is definitely tops when it comes to Finance jobs in Toronto. Ivey is second followed by Queens/McGill/Schulich in no particular order.
For Consulting, I'd say Rotman/Ivey are tied for first spot and I might give Ivey the edge just because of the entrenched relationship the school has with consulting firms due to the HBA program.
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