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It's s touch less competitive but they still get thousands and thousands of applicants.

Network with those banks alongside BB/EB if you have a low GPA/aren't Ross and think higher tier banks may be an issue

I was gonna ask the same question. I assume that MM IB is what the remaining students who couldn't land BB/EB would get. It's still competitive because you're competing with other target school kids, including your own school. At my target, the ones who decided IB very early on in their freshman year would land BB/EB. The ones who decided a bit late in their sophomore year tend to get MM IB, some are able to land BB/EB.