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Comments (10)

Jun 9, 2017 - 11:04am

Very good program at an awesome school (although in a crap building). The honours program only take a few people every year so it is competitive. It also really help for recruiting (pretty much everyone in the program gets a top job).
As to the difference with HEC, it really depends on what you want to do. If you want to stay in Montreal, it makes no difference, you'll have access to the exact same opportunities. Similarly for Toronto, McGil obviously has a lot more alums, but opportunities through OCR will be the same. The huge difference is with regards to US opportunities, McGil gets OCR from NYC banks and places decently there and HEC doesn't (although HEC does rather well with London since such a high % of the class is french). Note that a significant % of the class at McGil are from outside Quebec so they join a year earlier than those coming from CEGEP which makes for a weird integration. PM me if you have other questions.

Jun 9, 2017 - 11:46am

If you're planning on breaking into banking or high finance, make sure you get into the HIM (honors investment management program) if you decide on McGill. It's true they do only take a few candidates a year but almost 100% of students in the program do get the top jobs. They receive private recruitment ops, tours at banks, and have their own dedicated CV book from what I heard so you're pretty much set. If you're left out of the program it'll be A LOT more difficult to get a job in high finance since you're essentially on your own (unless if you have the network and an incredibly high GPA). McGill doesn't have a strong alumni community with banks in Montreal, and the career service office is mediocre albeit it has improved. There's also the joint honors in economics and finance program but it's an incredibly tough program to maintain top grades. From what I heard HEC has a solid alumni in Montreal and has a strong placement with some of the banks. If you're planning on staying in Montreal, mtnmmnn is somewhat right in that it doesn't make all that of a difference but I'd highly consider HEC. Feel free to ask any other questions.

Best Response
Jun 9, 2017 - 1:34pm

Actually, McGil forces banks doing OCR to post job offers to the entire school (ie. they don't allow restricting to Desautels students) so technically everyone has the same opportunities. However, people have in the HIM program have a significant leg up due to the exclusivity of the program (ie. the best students are already enrolled in HIM and signaling is very important for IBD recruitment) as well as the learning, exposure and experience gained through the program (especially running the fund). Plus they get to participate in a lot of events with industry professionals so it really helps to built connections. That being said, banking recruiting is very competitive and you need a strong GPA (cutoff will be 3.7-3.8 depending on the bank) to stand a chance whether you are in the program or not. No one is getting a high finance job without a stellar GPA. Having run the recruiting for one of the top bank in Canada, I can assure you that McGil recruiting is top tier and the only Canadian schools that can claim to offer better recruiting opportunities are Ivey and Queen's and the difference is fairly marginal (especially in the case of Queen's).

Jun 10, 2017 - 9:14am

Thanks alot for the infos, now I just need to figure out what I want to study next... I feel like studying administration in cegep doesn't really help me to find the field that fit me the best. I only had 1 business class and 1 econ, but we never studied accounting. Do you guys think that 33 r score (about 92% school average) is enough to get in honours econ/finance?

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