Which university is better for IBD?
Hello everyone, I’m a grade 12 student from Ontario. I wanna compare a couple of programs and need some advice on what I can do in this situation.
So I applied for a couple programs and got accepted by all of them, but the four programs I mainly wanna compare are listed below
- Ryerson Bcomm: Accounting and Finance (co-op)
- UTM: Commerce (Correct me if I’m wrong, I don’t think there’s a co-op)
- McMaster Bcomm: DeGroote Commerce (Again do not know if there’s a co-op)
- UofG Bcomm: Management Economics and Finance
Programs that I didn’t apply but regret not doing so: Laurier BBA, Ivey, Schulich BBA, Queen Commerce, and Rotman commerce (After seeing my friends with less marks and barely any EC’s get into these programs, I’ve been so sad cuz everyone seems to tell me that these are the only programs that are good to get a job - also I called and checked with a couple of these universities to see if I have a chance to apply now since the deadline is over, but they said NO)
So I basically wanna get into finance, specifically, investment banking. But if that’s impossible idc as long as I can get a job that pays a similar salary to investment banking. However, after I asked people about the programs I’ve applied and which one I wanna chose, I didn’t get the responses I was expecting, everyone was just flaming me for wanting to go to Ryerson and saying that you should apply to Tier 1 schools blah blah blah... Like I wish I could too but at this time when all the programs are closed, there’s no way on earth I can apply to Tier 1 programs. Now, I can only go to the 4 programs I’ve mentioned above. I honestly don’t know what to do and I’m super stressed. Someone please tell me what I can do in this situation. All replies are appreciated and I’m sorry for the rant.
Btw taking a gap year is not an option for me and the only options I think I have is to either try to transfer from Ryerson or Mac to Ivey, Queens, Schulich, or Laurier.
Hey So I am a student as well and what I am going to say is based on what I have heard from people that I have talked to and articles I have read online. Firstly money shouldn't be the only reason you want to do IB and saying any Job that pays as much as IB is quite a big red flag(No shame in chasing the bag but still). With regards to universities, the Canadian Targets are Ivey/Queens/Mcgill there are others but these 3 place the most into IB. With regards to transferring u can definitely apply for Ivey after 2 years of undergrad as even people who have AEO will start Ivey in their third year only. The other universities, I am not quite sure how their transfer policies are but do note that all the top business schools have really really low acceptance rates for their Undergrad Bcom programs in Canada. That being said from your list I am only aware of McMaster and I have heard good things about it online could you clarify what UTM and UofG are?
Also, will majoring in McMaster finance allow me to get into IBD?
Oh alright, I am an international student that is why I don't know all the universities there so ye. I mean finance and accounting both would have a lot of overlap tbh. That being said Accounting I have heard is a better choice as you could even go on to do a CPA if IB doesn't work out. But really degree choice doesn't matter as much, University Name kinda plays a bigger factor in recruiting as what you will be studying will be a Business degree and there will be a lot of modules from accounting, eco and finance no matter what you choose.
I am not really sure about that man as I am also just a student now like you XDD. But I have heard it's a good program tho and I am not sure about the others sorry.
Thanks for the reply. UTM is University of Toronto Mississauga Campus not Rotman commerce and UofG is University of Guelph. Right now, I'm in the middle of trying to decide if I should go to Ryerson University or McMaster. Also, I wanted to know if having a bcomm in accounting affect chances of getting into IB? Like should I major in finance or accounting?
Oh thank you so much I did not know about that. If you did go to Ivey can you give me some insight on how to maintain AEO status for the first two years. I have an offer in hand and I am currently deciding on my university choices. Thank you
Oh I didn't know that. How would that affect me if I transfer in end of 2nd year and how can I try to make things right?
Definitely an unfortunate situation. I would take McMaster BComm and transfer to Laurier/Schulich ASAP. If you are unable to transfer to either of those two for your 2nd year, McMaster is the best option imo. Join the finance club (DFIC I think), they have a few S&T placements here and there so if you're smart and hardworking it's possible to get in.
Thanks for the reply! Yep. I’m now planning to do the commerce program at McMaster. Btw people told me that majoring in accounting is better at McMaster. Is this true? Or should I just major in finance if I wanna get into investment banking?
Not sure - I would ask people in finance at McMaster.
None of those are target schools for banking. You will have to have an absolutely stellar GPA/extracurriculars and will need to network your ass off for a look come recruiting season.
Queens and Ivey place the best, McGill/UBC/Rotman/Laurier are ok.
I’d just try to get into Ivey HBA in your 3rd year, rebrand, and get into IB. Uphill battle from those schools but seen it done. Stay patient/positive as you could still make it.
Yep. That's the plan now. McMaster and then try to get a transfer. Hopefully everything goes well. Thanks for the reply!
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