McGill versus Rotman/Ivey
I've been offered spots at McGill and Rotman, with Ivey still in the air.
While its apparant that Rotman/Ivey are ahead in terms of its finance program, networking, recruiting, etc., McGill still remains on my mind because its tuition is significantly less, at approximately five thousand per year.
Anyone have thoughts on whether its worthwhile to pay the lower tuition amount and work harder to get a good job at graduation? I realize that its a matter of personal priorities, but I'm curious of how others see it.
$5,000 a year is absolutely nothing in the long run. Take on more debt and go to the better program.
have banks recruit there. But, more analysts come out of Ivey than McGill or Rotman. In fact, Queen's would come after Ivey.
I am going to stick with my initial position on this topic. If you are a Canadian and want to work in Investment Banking in the United States, don't make the same mistake I did: GO TO MCGILL!!!
I got into Schulich and thought I was God's gift until my buddies who didn't get in and "settled" for McGill started landing jobs at JPM and ML in NYC and the best Schulich-ites were struggling to get in at National Bank.
As an undergrad, don't go to UofT, it's far lower on the food chain than you might think. The HBA at Ivey is a good program, but it's only two years which is frowned upon by some banks (plus you have to re-apply and all that B.S). Ivey was a top b-school about a decade ago, but has been going downhill since. Queens is a good school, but is more accounting and consulting focused than corporate finance, like Schulich is.
My advice, from one Canadian to another:
First choice: MCGILL Second choice: Wilfred Laurier Co-op
I think the op was talking about MBA programs....not undergrad in which case Rotman is better for finance. I wouldn't worry about CDN tuition costs for something like your MBA, especially considering there alot cheaper than the states.
Valueadd, were your buddies at McGill the exception or did tons of people over there get BB offers?
i heard JPM/GS/MS were all at Schulich this year interviewing for SAs. Give the program time, the finance placement will get better. I dont think your worse off then we are here at WLU. We had only 1 IBanking job from a big 5 cdn bank during the first co-op. But I hear there is alot more chances in the later co-ops.
For MBA:
I would say you should hold out for Ivey and then decide on that or Rotman, McGill's MBA is not as strong in finance i beleive, the extra $$$ will be worth it.
Going to second valueadd. Go to McGill if you're aiming for NYC or anywhere outside of Canada. They piggyback on their stellar reputation in the sciences / medicine / law, which gives them good equity worldwide. BB's in NYC are most familiar with McGill, and more recently, Ivey is building a presence.
Within Canada, you would probably want to go to Ivey. Although all 3 unis you mentioned place very well locally. Personally, I see the choice as being between McGill and Ivey. Not to discount the strength of Rotman's program, but they simply don't resonate with the same prestige.
Sammy, McGill places well at the BB's in NYC, and in Canada too.
The question really needs to be based on how strong your current profile is, when competing for banking jobs. If you have a very strong resume, you can afford to place less emphasis on a schools career centre because you have a higher probability of winning interviews and jobs regardless.
Desautels MBA #1 in Canada for Salary, GMAT and International Faculty
http://www.mcgill.ca/desautels/about/news/item/?item_id=169212
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