Anyone attending/graduated from Richard Ivey?

Are there any posters who currently attend or have completed a degree (HBA or MBA) at Ivey?

I have a friend who is considering going there (for HBA), but wants to do finance and wants to know what recruiting is like there. Who are the main recruiters? How many students typically get summer positions? Full-time?

Is Ivey generally a good school for finance? I hear they use the 'case' method more than anything-can you learn finance this way? And also, can you specialize in finance?

Any insight you have into this would be much appreciated.

Thanks

 

Ivey is the best school for finance in Canada. The U.S. offices that recruit on campus are JPM NY, UBS LA, CS LA, CS SF, UBS NY, GS LA, GS SF, GS NY IB, GS NY S&T, HLHZ LA FRG, Bear NY (S&T) and CS UK. Every Canadian bank (big-6) and practically every US BB/boutique in Toronto comes on campus as well. Teachers PE and CPP PE also take summer students. Most jobs are IB, with some S&T jobs available at Toronto offices. Out of the US-based offices, only Bear and GS take people for S&T (GS takes for IB and S&T).

All the main consulting firms also come on campus.

The case method prepares you well for interviews and finance. If anything, it teaches you that there is rarely an exact answer in finance. The better people will always learn what they need to. The first year of the program is very general, with a core finance course to prep you for IB, but you can almost completely specialize in finance in 2nd year if you chose to do so.

It's still extremely competitive for summer positions and generally the same people get interviewed for everything, with marginal candidates getting a few interviews. About 30 people get IB positions for the summer. It's a little easier for full time because most summer students sign back.

 

my friend goes there...he worked at Greenhill last summer in TO...very competitive...but its marked on a bell curve, and 50% is class participation, also the career services office is the best in canada, TD Securities and other big banks throw ivey exclusive events

if you want to study finance, Ivey should be your only choice...Queens/McGill are strong too

 

How many people does each US bank take? I am surprised so many come from the US...why does LA come to Ivey? And the UK? That's pretty awesome. I didn't realize there was that much of a 'name' for the school.

CDNmonkey are you HBA or MBA?

 

History behind L.A. recruiting and some of the others are as follows:

Back in the mid-late 90s DLJ was growing fast and branched out to Ivey in order to fill the analyst spots. If I remember correctly, about 20 (being this was the tech boom's heyday) Ivey HBA's were hired at DLJ LA in one particular year (either class of 97 or 98). When CS bought DLJ, some of the CS ppl left to start up the UBS LA office (including some of the aforementioned Ivey alums). And, despite recruits from Wharton, Berkeley, UMich and other top schools at the LA offices, the Ivey analysts continually ranked at the top of the class (many have ended up at top PE shops like KKR). That is the history behind the UBS/CS LA recruitment.

Don't know about CS LA, but I recently heard that UBS LA will no longer be recruiting from Ivey. Reason I think is Visa related.

GS LA recruitment is a very recent event. Reason for this is the guy that used to recruit for GS NY at Ivey recently moved to the LA office.

No Canadian school has better credibility (especially in the eyes of headhunters) in the U.S. Ivey alumni have done very well there.

 
Best Response

Richard Ivey alumn do well, but were not continuously at the top of their class.

anonymo:
History behind L.A. recruiting and some of the others are as follows:

Back in the mid-late 90s DLJ was growing fast and branched out to Ivey in order to fill the analyst spots. If I remember correctly, about 20 (being this was the tech boom's heyday) Ivey HBA's were hired at DLJ LA in one particular year (either class of 97 or 98). When CS bought DLJ, some of the CS ppl left to start up the UBS LA office (including some of the aforementioned Ivey alums). And, despite recruits from Wharton, Berkeley, UMich and other top schools at the LA offices, the Ivey analysts continually ranked at the top of the class (many have ended up at top PE shops like KKR). That is the history behind the UBS/CS LA recruitment.

Don't know about CS LA, but I recently heard that UBS LA will no longer be recruiting from Ivey. Reason I think is Visa related.

GS LA recruitment is a very recent event. Reason for this is the guy that used to recruit for GS NY at Ivey recently moved to the LA office.

No Canadian school has better credibility (especially in the eyes of headhunters) in the U.S. Ivey alumni have done very well there.

-- Interview Guides GMAT Tutors WSO Resume Review --- Current: Senior Analyst - Hedge Fund Past: Associate - Tech Buyout Analyst - Morgan St
 
CDNmonkey:
UBS LA is gone for a year because of the Visa issues. Apparently they will be back in 2008 for summer recruiting.

Why would "Visa issues" prevent them from hiring in 1 particular year? Is there a shortage of summer work visas this particular year or something, or did UBS LA just screw up and can't hire any internationals this summer? I'm just curious (I'm a citizen thankfully).

 

Waterloo is very strong in S&T. But the banks usually only offer jobs to Math or the top people in any of the engineerings..i.e #1 in the class or top 10 gpa....AFM-FM if your a real star has a shot too

there is a lot of co-ops available as trading assistants usually...and not that hard to land one...especially if you want to go into derivatives

 

Ivey guys place well and are ranked at teh top of the UBS LA class fairly often. However, I wouldn't say neccessarily more often than the others. Last 3 years top of the class (Not including this year) has been everyone got top bonus, Ivey (KS at KKR), I beleive Pomona / Wharton.

Not 100% sure on that last one but positive on the other two. Also, from people I know in that office this past summer both Ivey students were amongst the best and two summers ago and Ivey student left full time to GS TMT and got top bucket there and is at Sageview starting 2007 Fall.

However, that being said it depends on the year and you cant make a broad generalizationn about one school dominating. Why don't we leave it at, they have more than enough incentive to recruit there.

 

It's basically this. H1-B (International Visas) only beging on October 1st. Therefore, you need to issue a temporary TN Visa but to do so the candidate has to have a degree in one of a list of buckets (economics being one). Ivey graduates have Business majors. Therefore, firms like GS, CS etc are comfortable issuing them TN Visas as economists; UBS, Lehman and MS are not.

That's why those firms don't hire at Ivey for NY (for example, MS used to have a program where you did one year in NY and then the second in toronto). MS' former head of ibd (temporary) when the mack - purcell thing was in full force had an ivey HBA, Corey Spencer.

So.. UBS LA full timers from Ivey used to spend time in Toronto before heading to LA on October 1st - thats a logistical nightmare and UBS HR got pissed; so its been a battle amongst UBS LA management and UBS HR. It's being sorted out for the next year as I understand it because the gov't came down on them hiring a lot of Canadians for the LA office (in 2002 3/5 or 6 analyts were Ivey).

Candians and Internationals in the US don't have this problem because they are allowed to stay in the states for training purposes and then by the time thats done they move into the H1-B.

 

Then Ivey is probably the best for banking in Ontario. 30 people summering is alot, conversely Queen's only has about 10-15 people summering.

If you're a top student, I don't think it makes a huge difference though

 

Every analyst from Ivey I've worked with was a rockstar too. I think a big reason is that only 10-15 get non Canadian Ibanking jobs at top groups. These guys must be top of their class; also many canadians don't even think about going south to the states so you could argue that the top guys at Ivey could easily have made it into top tier US schools.

The two I worked with during the summer both got into ivy league schools but chose not to go because it costs like a quarter of the tuition to go to Ivey.

 

I didn't think any Canadian school would have this kind of reputation.

What do you guys think about UBC then? I don't think the quality of education is that off, but geographically it's at a disadvantage and I think the reputation in part suffers for that.

If you've never heard of it.. UBC = University of British Columbia, located in Vancouver.

 

UBC is really not as good and definetely not even a target in Canada. They have the investment management program that's ok.

If you want banking from Canada from what I hear its all Ivey followed by some Queens. McGill is ok.

In my time I have only run across Ivey and McGill analysts in the US to be honest.

 

Is not even on the radar. There is a reason Ivey's the only undergrad program in Canada that can charge 4x the tuition of any other program.

If you want a shot at banking go to: ivey, queen's commerce, u of t

If you want the best shot at top banking jobs go to: ivey

If you want the best shot at the very best banking jobs: finish near the top of your class at ivey

 

Recent Ivey grad… In addition to the list of firms provided there are some US boutiques that recruit.

On the East Coast: Barclays, CIBC WM, Fox-Pitt Kelton, Cowen & Co, TD

On the West Coast: Chanin

There is also every Toronto boutique i.e. Canaccord and GMP who recruits when they need bodies.

From my graduating class, almost everyone who wanted banking, got it (30-45). This is a lot greater than 10-15 at Queens or McGill.

I would strongly recommend going to Ivey.

 

Gotta admit, it's quite discouraging to hear but I wasn't expecting anything less.

I do enjoy the insurmountable odds, though. It should be fun. Thanks for the confirmation guys.

With respect to going to Ivey, I'm about to finish my junior year here anyways. Transferring, to me, is not an option. I hope any Canadian freshman reading this don't make my mistake.

 

There has to be a downside to the fact that ivey is only a 2 year program. Like how can these guys possibly learn in 2 years what other people learn in 4 years....

For anyone that goes to Ivey, do people enter the program knowing from day one about what they wanna do and about ibanking? Or do people enter their 3rd years like most 1st years in other schools....not knowing anything about the business.

Also, I heard that 22% get into ibanking? Is this accurate because that seems awfully high for a canadian schools.

 

Generally most people who want banking get it fulltime. I would believe 22%. Keep in mind, the % of people who get it through on campus recruiting would be a bit lower. I didn't know I wanted banking when I entered my first/third year, but I figured it out very fast.

It's not like the first two years at any other CDN business school are incredibly focused and intense. Many kids enroll in the other UWO undergrad biz program, ACS/BMOS, for their first two years and then switch to Ivey.

 

Also dude, any 2 year program like Michigan etc. all just load the b-school classes into the first two years and put hte electives up front rather than concurrently. That's why they learn as much in 2 as others in 4.

 

I have friends who graduated from Ivey. Ivey was historically the best in Canada for the MBA because it pioneered the case based approach in Canada. Something it is no longer the best at and it is not the best "finance" school in Canada, that distinction goes to Rotman, which is also ranked in FT's global top 10 finance schools and top 16 in North America; accolades that Ivey does not share.

Ivey's HBA program is top, and Ivey is still strong in the HBA/MBA when it comes to the alumni network. However, that strength has been slowly waning over the years and given the new 1 year program for the MBA, I do think (and looking at my first year class' summer offers in IB, S&T and research) that it will continue to go downhill.

For the record, I am slightly biased because I am a Rotman 2nd year; but I also turned down Ivey (and Schulich) for Rotman.

Metals & Mining I-Banker
 

Dude, i m pretty sure this guy is talking HBA not MBA. If you are really good and want IB you wont be doing your MBA in Canada -- end of story. I'd rather go to like University of Texas MBA than any school in Canada.

 

I was initially skeptical of the 2+2 system Ivey offers for their HBA... but I did a bit of research on the top US Business schools and here's what i found: Rank B-School Length 1 Wharton 4 2 Virginia McIntire 2+2 3 Berkley Haas 4 4 Emory Guizueta 2+2 5 Michigan, Ross 1+3

The ranking is based on businessweek's 2007 Undergrad B-School Ranking: http://bwnt.businessweek.com/bschools/undergraduate/07rankings/index.asp

It would seem the 2+2 system is pretty popular in the best US universities as well.

 

Westcoasting; I disagree. I was U.S. bulge bracket after undergrad and went to Ivey for my MBA. My class was full of people from Morgan Stanley (including me and my roommate), Goldman Sachs, Credit Suisse, Citigroup among a long list of others. Each one of us "bulge bracket alumni" are doing very interesting things and had tremendous access to opportunities that ranged from top private equity through hedge funds through top U.S. buldge bracket firms. I am now a VP at one of the top BB IB firms in the world and when I recruit for my office, guess where I go?

I chose to go to a Canadian business school for the alumni network in Canada. No school can touch Ivey for its Canadian alumni network. If you are really good and want IB in Canada not only do you do your MBA in Canada but you do it at Ivey.

Seriously, having worked for wall street firms almost my entire career, I can honestly say that Ivey dominates the investment banking landscape. There is no close second. Anyone who tells you McGill is on the radar is wrong. Anyone who tells you that Rotman is a finance powerhouse and takes all the best finance jobs is wrong. There is a lot of misinformation on this board. There may be better U.S. schools with better access (HBS, Wharton, Columbia, Kellogg among others) but there is no better Canadian business school.

 

I am currently an HBA at Ivey, summering in ibanking at an american firm in Toronto. Just to briefly touch upon the Ivey alumni, i did not particularly rank top of my class and did not go through the formal on campus interview process. I tackled alumni, got advice, made some trips to ny and tdot, had a few interviews in toronto and superdays in new york and got offers. So that just speaks to the quality and power of alumni helping out.

I wanted to follow up on the UBS LA story and having them coming back to recruit. Is there any information on recruiting full time 2008? I am definately keeping options open for full time.

 

That's a good point ojayoj. I get contacted by current Ivey students about once a month (mostly because I keep an active dialogue with the school). Obviously I don't dole out jobs to everyone who contacts me, but I spend a half hour on their resume giving tips on how to get into ibanking and how to "spin" their experience to get the highest impact. Once I become convinced that the person is intelligent and can handle the work I typically let them know which firms are looking for people and how to position themselves with the individuals who do the hiring. Moreover, I often give them contact names to get into certain firms outside of recruiting season. I know for a fact that in the three years since graduating I have helped people get more than ten interviews and three people have landed jobs, all outside of on-campus recruiting. Often the only thing I ask is that they return the favour in a few years when a student contacts them.

I suppose it is a good point that we alumni not only go back to Ivey religiously to recruit but are also a resource for students outside of normal on-campus recruiting. I myself got my first job in investment banking through an Ivey alumna (although I hadn’t yet gone to Ivey at the time) as well as my first job after my MBA through an Ivey alumnus. I have always felt that I wouldn’t have had a chance without the breaks they gave me so I have been sure to make sure that I do what I can to help out Ivey people. But then that’s the power of alumni.

 

Being a Peruvian who has done thorough web-based research about MBAs in Canada and the UK, I firmly believe Ivey is - by far - the best business school in Canada and one of the best the world over. It is funny yet quite dissapointing to see how many students choose schools based solely on rankings; FT, Businessweek, WSJ, you name them. But what do these rankings measure? are they a reliable indicator of quality? do they really capture the essence of schools?. Sure, rankings help us to identify strong schools but they will NEVER measure quality objectively. Should we rank rankings? which ranking is more reliable? it all depends on how does a particular school want to view things. However, when I go through "hidden" threads such as this one, and see how Ivey fares with others based on personal opinions and some hard facts (Ivey´s powerful alumni network, who can deny that?), the conclusion comes natural. Ivey is the most reputed b-school in Canada. Period! Another important aspect, those who think the 1Y format will fail are absolutely lost and time will prove they were wrong. Time is a critical asset! and as the world moves faster and gets more complex, an additional year outside the job market will mean myriads of wonderful lost opportunities. The 2Y format is sustained only because US schools keep that format. However, with all the H1 Visa issue, many more international students will now land in MBA programs in Europe, Canada, Australia and India-China. The 1Y format will prevail, no question about that. Ivey has pioneered the case method in Canada and schools such as Rotman and Queens are using synonims for Ivey´s XEL curriculum. Ivey is a comprehensive MBA program and has not been labeled simply as a "financial powerhouse" nor a "science-tech based" school. I am sure most students are happy with their choices, at the end you will stand for your team. However one thing is crystal clear; Ivey leads the MBA game in Canada. Ivey, wait for my application for 2008!!! best regards

 

ivey's Cross-Enterprise Leadership is actually a competitive response to the Rotman MBA's Integrative Thinking format which preceded 'XEL' by atleast 3-4 years. Personally i think Integrative thinking, XEL, etc. is all fluff...

hearing that Ivey applications have dropped precipitously since change to 1Y format

as a peruvian international, i think a summer internship would serve you well if you plan to live/work in canada...i hear that rotman is now the leading school for summer MBA recruiting in canada

anyways best of luck at ivey

 

Right now, I'm at UBC in the faculty of science. I want to transfer to UWO Ivey for 3rd year. Is it hard to get a high GPA in the UWO Ivey HBA program? I am aiming for a GPA of 3.7 or higher (or 83-84%). Do most people in the HBA Ivey program get this GPA? Is there a lot of work involved. Also, I understand I need extra-curricular activites. Can anyone who is in the program tell me what you did to get into Ivey HBA??

 

Rotman as the leading school for summer MBA recruiting makes sense as Ivey no longer competes in the spot. I would tend to agree that Ivey needs to get back into the summer recruiting to get folks that want to try new industries or who don't know what they want to end up as.

From what I hear from Ivey, applications are down slightly as the result of the 1Y program, but the class size (by design) has shrunk, resulting in a more exclusive process and lower acceptance rates. The change has resulted in a wave of incredible candidates that would otherwise not have done an MBA given the opportunity cost. The quality and depth of the class has improved and is expected to continue to improve.

And Western does have a reputation for being a party school (although not a "BS" party school). I think it provided a nice backdrop to my MBA. Nothing like going to school at a place ranked by David Letterman and Playboy Magazine as the #2 school to get laid at in North America. Call me whacky, but I don't see that as a problem.

 

the Rotman vs Ivey finance debate comes down to how you define finance.

Rotman has John Hull. He (literally) wrote the textbook on derivatives, look it up, its used everywhere (wharton, harvard, etc). They have the best quant finance program in the country. U of T generally has a very strong science faculty so kind of makes sense.

Ivey's faculty are all into corporate finance. They have Athanassakos and Bob White, value investing, etc. Also, being the oldest and most established MBA in the country is a huge networking advantage.

Basically, Rotman trains you for understanding financial instruments (trading), Ivey trains you for corporate finance roles (investment banking, PE). These can both be called 'finance' but require a very different skillset.

McGill is/used to be known as the 'Harvard of the North'. I really have no idea what they're good at.

 

Rotman vs. Ivey debate??

Fuck Rotman. That's like saying there's a Wharton vs. UC Santa Cruz debate.

So what Rotman has Hull. Stern has damodaran but that doesn't mean you go there over HBS.

 

Stats are a little off because what's the graduating class size of Ivey? I think it's pretty big like 500 or 600...

Queen's has about 250 graduates in a calss so I mean if Queen's has 15-20 people going into Investment Banking and Ivey has 30, it's the same percentages. Queen's sent the same number of interns to GS NY IB this year as Wharton.

 

Ivey looks at your last 2 years, so worst case scenario you do an extra year before entering the HBA program. I wouldn't worry about joining finance clubs pre-ivey; just get involved in something where you can take a leadership role, preferably something with a community service element.

 

I want to say you're in a good position gpa wise except that I've never seen Western use a 4.3 scale. I believe it goes ..., 3.2/4, 3.3/4 then jumps to 3.7/4, 3.8/4,... Rising average looks good. If you manage a 80% avg with extracurrics then you should be fine. Finance related clubs aren't necessary - they're looking for magnitude of involvement.

 
Calumniam:
Hi guys,

I've been over almost every thread - here and on other forums - surrounding the HBA program but have a few questions if anyone can help.

1) Western has stipulated their "minimum" and "competitive" grades but I haven't had much luck in finding a common GPA range for those actually accepted.

My biggest concern is that I did, relatively speaking, quite poorly my first year but picked it up my second year.

...My first year, in both semesters, I received a 3.6/4.3 and in my first term of my second year, just completed, I received a 4.2/4.3. My past ten courses would average 3.9 (five at an average of 3.6/4.3 and five at an average of 4.2/4.3).

This past semester was completely comprised of second year business courses. I also took the necessary financial and managerial accounting courses at the same time and received an A+ in both.

I've read on a few threads that a 4.0+ (on a 4.3 scale, of course) almost guarantees acceptance in most cases. Is that true and what would that make a 3.9?

2) Does a rising GPA have any significant impact or is it pretty much irrelevant?

3) My university has very few finance related clubs and I haven't joined any.

...The few that do meet aren't equivalent to what Western students are probably accustomed to and, although I know it'd round out an application well, I don't want to be a part of them.

I know I probably should've sucked it up and joined just to put something down on my application but nothing I can do now.

Thanks so much

Hi there,

My name is Alan and I am a recent grad and now recruiter for the HBA program and would like to clear up some of the questions you have. In terms of the grades which Ivey accepts, a competitive average for entering the program is an 80% cumulative average for your past two years of studies. With that said, the overall average for students entering the HBA program last year was an 83%. However, no grade will guarantee you acceptance into the HBA program as your application is based 50% on marks and 50% extracurricular activities .

The rising GPA does have an impact as it is a cumulative average they calculate based on both your first and second years. The rise between the years would only have an impact if special circumstances were involved resulting in the decreased average in your first year.

Ivey does not look for students that have been only enrolled in business clubs/extracurriculars. We want you to explore your passion and allow you to join any clubs, activities, sports you might be interested. What we are looking for is leadership potential demonstrated through these activities.

Hope this helps. Feel free to post again if you have any further questions!

 

I am about to be entering my second year at Schulich school of business, but am starting to have a few doubts about whether I'll be able to attain my investment banking ambitions here. My goal is to break into Wall street... I'm curious about how many second year students get accepted into Ivey for third year, and if the fact that I am already enrolled in a b-school will hinder/help my chances. My grades/clubs/work experience are as follows:

-About 75% average first year (fucked up terribly in my electives and playing on the varsity basketball team for first semester definitely did not help out my grades), but I am pretty confident I can bring that up to about an 80 this year.

  • Currently working as an underwriter assistant (full-time) at Chubb Insurance on a summer contract

-Was on the York Finance Club in first year. Plan on becoming an executive of the club this year and joining the York Investment Fund

-Also I have been trading equities (planning on dabbling with other asset classes soon hopefully) for about 8 months now. Also have some experience creating DCF models/fair valuations for mega cap companies, forecasting topline growth, and using CAPM to discount future cash flows, etc.. Generally just have an intense passion for how markets work and corporate finance in general. Will including these kind of things help boast my application??

Also if someone could let me know what the application entails, that would be awesome!

Thanks

 

going to depend on your current college course work, I bet they ask for SAT scores. 3.5 is good, will need to explain your problems when you started. Personal statement will be key, however, they are all getting apps with 3.9 plus and extremly high SAT scores and all other "wonderful" accomplishments. Give it a shot though...you have nothing to loose.

Good Luck!!!

 

Hey, thank you very much for the advice. However, I failed to mention that this is the Richard Ivey School of Business in London, Ontario. :)

I apologize for the misunderstanding.

 

I don't know why people put a hell of a lot of time into ECs if they can't keep up their grades while doing so. Grades always just kind of seem first priority in my opinion.

Once you have the grades, then you pack your resume with stuff you didn't actually do and just spend time tying together an intricate web of lies for future interviews.

Did they let you replace grades in previous courses you failed after passing them in summer school? That seems like the only way you'd be able to jump from failing to 3.5. I know at my school you can take a course over and replace the previous grade; if this is the case, can Ivey even see your previously poor performance?

 

Did you take a full course load for first year. If not, then i think you may have some trouble becuase Ivey requires that you have a full course load for both years 1 and 2. But call and verify. If you don t mind asking, what school do you go to? In response to the above poster, Ivey is the only school that takes EC and grades 50/50. Why? Becuase they want students who are leaders and well rounded and students who can also contribute to the overall student learning environment. The prefer students who for example run an entrepreneurial venture and as well have like a 3.5 GPA. Anybody can get a high GPA by just studying in the library all day. But how many people can keep a high GPA and do all the extra activities as well.

 

I am also applying to Ivey for next year and am actually in the same situation as you with not so stellar marks at the start, lack of full course loads, summer make-up, etc.

As alabinjo mentioned, Ivey puts a significant emphasis on year 1 and 2 full course loads, they will calculate your admissions average based upon your past 10 credits by first taking any courses that you took in the regular semesters, followed by filling the gaps with summer courses. Ofcourse it reflects poorly not having full course loads - it won't kill your application - they just assume that your summer courses were easier and don't know if you can handle the Ivey workload (150% of regular uni load). They also see plenty of cases of people not taking full course loads due to all of the ECs they do, and from what I understand, have no sympathy for you... bottom line - you still didn't have a full course load...as hard as it is to believe - they would rather see you with a full course load and worse grades then a partial course load and better grades, even if you do plenty on the side.

A few things that they look at are your Year 1 GPA, Year 2 GPA, and the GPA of your last 10 credits (20 half courses) - which is caluclated as I mentioned above, by first taking regular courses and then filling in with summer to get to 10. They also look at your Financial and Managerial Acct (BUS257 equivalent) grades... based on my calculations, mine are going to be Year 1: 75% Year 2: 88% Last 10: 82% BUS257 equiv: 85% With a few summer courses - mostly not counting those though in above calcs... my ECs are similar to yours... It would be really cool if we both got in - we would have a lot in common!

Of course, I don't know exactly how they choose the courses to count in the averages...and what has more importance - but I also know they will take your grades and put them on a 5-point scale, then your ECs on a 5 point scale and rank you... (They also look at grade trends - in both our cases - it will be good because we have been improving haha)

In addition, in situations such as ours, due to the early poor performance, they won't be as confident extending a conditional offer (next week) and will instead wait for your final grades and extend an offer in early June.

I was wondering - you mentioned your 3.5/4 GPA... is that based on past 10 credits (first counting regular semesters) - and what does that equal to % wise? In Ontario there is no official 3.5/4, only a 3.3/4 and 3.7/4 which are a B+ and A- respectively. I linked the "standard" conversion scale for Ontario below.

http://www.ouac.on.ca/omsas/pdf/c_omsas_b.pdf

Second question - if you dont mind me asking - do you know if they have contacted any of your references yet?
I heard AEOs were still getting offers even until today, which leads me to believe that they are slighly behind schedule with regular applications... I am fairly certain (unless they were told not to say...) that my references have not been contacted yet - my contacts - im not sure about. Putting the dean down as a reference was a great idea... I just didn't know how to explain to the dean of my current business school that the quality of education at Ivey is actually better ... oh man, that would have been a funny conversation... hahaha ...

 

I did a funny calculation actually and didn't use an official scale. I didn't know that if any official ones existed, thanks!

Furthermore, I don't know if my references have been contacted yet.

However, I have been considering going at the end of my third year of university to really enjoy the full benefits of what my university has to offer in terms of ECs. I do not mind graduating at 23. It is a hard decision, because even if I do not get in this year I will not be discouraged.

Does anyone have any statistics on how many transfer university students actually apply for the HBA program. I would assume its terribly low because most people just don't bother.

 

I have spoken to admissions before on this subject. About 300-350 university transfers apply for the HBA program and there is about 150 spots available for university transfers. So you have a 1 in 2 chance of making it. Thats why a lot of people on this board say if you have an 80 average and decent EC's that you should be fine. Unlike Harvard business school, where 7000 people apply for 1000 spots (1 in 7). And you are right, a lot of people already at a university don t bother to make the switch. Its hassle moving to another school after you are comfortable in your current environment. The people who switch are student who's end game is investment banking or consulting. Banks really don t recruit anywhere else besides Ivey, Queens and Mcgill. Other than that, there is no real reason to go to Ivey since your current school is sufficient to get you to any other job. I hope that clears things up.

 

"Banks really don t recruit anywhere else besides Ivey, Queens and Mcgill."

Thats not true bro, you shouldn't be making comments like that because some people on this forum may actually believe it. I attend University of Toronto and we get decent recruitment. On the other hand, my older brother is at Schulich and is going to be starting FT in the summer and I have seen that every Canadian and basically all the BB Toronto offices recruit there.

If you're talking about the New York City offices then maybe but if your talking about in Canada the banks definately recruit outside just those 3. Ivey obviously dominates though..

 

You need a minimum of 80%... For most schools its around the 3.6 range. So make sure to boost the hell out of your score next year but if you have absolutely amazing EC's and a minimum of 80% on your Bus 2257 equivalent. You still have a chance.

I'm assuming you're a rising sophomore though? If anything above, you're out.

 

Yea its because AEOs get places first. I want to transfer as well but looking at my 3.4 and poor ECs, started a business however doesn't look too promising... I will still give it a shot you never know ;) GL

 

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