McGill Vs UToronto
Context: I’m a HS senior that got basically all their college decisions back yesterday, wanting to work in IB, VC, or PE in the US after college, and I’m not American but live here on a visa.
Sparing the details, McGill and U Toronto are my two top choices.
Really, I just want to know: What school gives me the best chance of making this happen?
(Trust me, I applied to plenty US schools but none that I got into seem worth it.)
At McGill I’m into the Bachelors of Arts: Foundation Year. At UToronto I’m into the Faculty of Arts and Science Studies in Social Sciences. I applied to a bachelor of commerce at Desautels but I’m still wanting on that decision.
I intend to major in economics or finance, whatever gives me the best shot.
Also; I’m expecting to have a green card by when I graduate college and a work authorization before I start college. Any ideas on how immigration status affects job prospects in IB/ that world in general? Does it significantly complicate the process?
thanks!
tomf
Based on the most helpful WSO content, here's what you need to know:
McGill vs. U of Toronto for IB/VC/PE:
Immigration Status and Job Prospects:
Key Considerations:
Actionable Advice:
Hope this helps you make an informed decision!
Sources: Here are the Target Undergraduate Schools in Canada, Canadian vs USA vs International unis, College Decision (Canadian vs US schools), IBD Barriers to Entry For Canadians and How to Overcome Them, Why Canadians get an MBA AND the CFA
Canadian Rankings for IB
Western >= Queens >> McGill >>> Rest
That being said, anything is possible.
^This
If you want to work in the US - McGill's probably the better option.
If you want to work in Canada, they'll both work well (though Canadian banks value undergrad business degrees more than American banks do - so the arts / social sciences programs you referenced might make this trickier).
In Québec, McGill, JMSB, and HEC basically dominate finance placements, and McGill has the best shot at U.S. exits. The 5-10 students per year making it to the U.S. is small but not impossible, especially for those in HIM or with strong networking.
For Toronto, though, Rotman is definitely better. The alumni network there is way stronger, and Bay Street is a few minutes walk from campus, which makes recruiting much more in their favour compared to McGill. If you’re dead set on IB in Toronto, Rotman probably gives you the best odds. But if you're open to other areas like credit, private equity, or U.S. opportunities, McGill is still a solid choice.
Are you thinking about trying for U.S. roles at some point, or is Bay Street the main target?
Rotman is absolutely not king even in Toronto compared to McGill
Hey, thanks for the info.
Bay street is not my goal. I’m hoping to go back to the US after graduation and during the summer too for internships.
I’m not 100% sold on IB. Definitely open to other areas, even consulting. I’m definitely leaning towards McGill atm. I’m only confused by what school has the better reputation in the US. U of T has better rankings for undergrad but when I talk to people here in the US it seems like McGill is better known and regarded. How do you compare their reputations? (for undergrad, Econ programs, management/business, and in general?)
Just to be fully transparent, I’m a first-year at McGill, so my perspective comes from that experience. That said, McGill tends to have stronger international recognition compared to U of T, especially in the U.S. Many people there see it as Canada’s equivalent of an Ivy (even if that’s not exactly the case). U of T ranks higher in global university rankings, but McGill has a stronger name brand in the U.S., particularly in finance.
From a recruiting standpoint, McGill’s BCom program offers solid opportunities through extracurriculars like JED, MIC, and Red Point Capital. These clubs are heavily involved in prepping students for IB, PE, and other high-finance roles, and they provide networking opportunities that are crucial for breaking into the U.S. market. If you’re serious about recruiting in the U.S., I’d definitely recommend reaching out to people in those groups to get a better sense of where McGill grads have landed and what paths they’ve taken.
McGill.
Far better UG experience, way better recognition in the US, and probably better even in Canada compared to Rotman’s UG program.
.
I would try to get into any decent program at Western or Queens > McGill or Rotman
Go to McGill. Placement aside, you’ll have much more fun and likely have a better university experience (which you could correlate to better life skills, being more interesting - things that also matter in recruitment).
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