Mcgill/Transfer to Ivey

Hey, I am an Indian student finishing my high school in Singapore (IB Diploma), and I am planning to apply to Mcgill (Desautels) for Intl Business/Strategic Management, Ivey AEO, Queen's commerce, Rotman commerce and UBC (Sauder). I just have a few questions regarding transfer to Ivey HBA1 in the case that I get rejected from AEO.

I want to work in the USA in BB/EB or MBB. This past year I have fallen in love with Mcgill: its student life, social scene, downtown location, and obviously a very strong brand name. In the case that I am denied AEO status (which has become a very real possibility since my IB score is pretty average), would it be easy to transfer to Ivey HBA1 from Mcgill Desautels? From what I have heard, Mcgill has an incredible reputation in the States, but I am not so sure if they get OCR for NYC offices from BB/EB or MBB. Their strategic management major, and investment management honours seem very attractive to me, and these combined with the student life and reputation have me set on Mcgill. Would it be worth staying in Mcgill for all 4 years or transferring to Ivey HBA1 to increase chances of an ibanking/consulting job in the US?

Thanks.

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Comments (24)

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  • Prospect in IB-M&A
Aug 29, 2021 - 11:45pm

Current McGill student here. Not sure about your transfer situation but I can provide insight into IB recruiting. McGill is a top target in Canada, but going to the US is more difficult. Usually, a few kids manage to break into NYC every year. US firms recruiting at McGill include: Liontree (Their top target is McGill), Evercore (They have info sessions at McGill but not so many people manage to land them), Houlihan Lokey RX (Not sure if they'll still be recruiting at McGill since the only 2 McGill alumn analysts who were there left for buyside). You have to network your way into other firms, but there is a very decent alumni base in most US BBs and less so in US EBs. As far as Canadian recruitment goes there is OCR from pretty much all banks (Big 5+1, International BBs like MS, Barclays, CS, BofA and more)

So as far as recruiting in the US, you'll have a better shot at Ivey imo, because that school has more alumni in the US than McGill I think and the culture there is more centered on banking and that makes a meaningful difference imo. Usually only the best kids from McGill manage to make it to the US, but if you get a good gpa, good internships and network a lot it's definitely possible to make it.

A great thing about McGill is the HIM program which will prepare best for banking because of the network of other hardo students who will help you and give you prep resources/mock/tips. You also get to manage the $2m in funds and that looks great on a CV. If you don't get into the program you can still manage funds with the applied investments class (Each team of 3 or 4 get 200k to manage with any type of strategy they want vs HIM 2M for 30 people and no flexibility on strategy choice). You also get to learn excel and grinding slides very well, because you make lots of stock pitches with a lot of financial modeling practice. So plenty of opportunities for practical experience. Being in the HIM program does not increase your chances directly because non-McGill people don't know the program in the US, but it definetely helps indirectly because of the alumni network.

Student life at McGill is awesome. Work hard play hard culture with good parties and the campus is beautiful. Very international student base (40% of all students are international) and proximity to restaurants, bars, clubs and everything you need because it's in downtown Montreal. You don't need to know french.

Let me know if you have other questions.

TLDR; McGill gives you a decent shot at landing US firms if you're willing to work hard for it, but Ivey is better for that imo. Student life probably better at McGill imo because of location/international student base.

Aug 30, 2021 - 12:45am

Hey, thank you so much for the answer, it is really helpful. Is the applied investments class that you mentioned only available to finance majors, or can strategic management/intl business take that class? Plus if I do get accepted into Ivey, then Ivey will almost be a for-sure decision, just that I would have some qualms doing 2 years of some other subject and even then not be confirmed Ivey if I do not average an 80+. These past weeks I have really fallen in love with Mcgill, and can definitely see myself there. Did anyone from your batch manage to successfully transfer to Ivey or a decent American university like NYU, Berkeley, UMich, UVA?  

  • Prospect in IB-M&A
Aug 30, 2021 - 10:10am

The class can be taken by anyone, even non-business students. I don't know anyone who tried to transfer. I know that transferring to McGill is practically impossible tho because of the very few available spots.

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  • PM in HF - Other
Aug 30, 2021 - 12:59am

This…not sure why you are overlooking starting your career in Canada. Your largest hurdle anywhere is going to be the visa issues but for sure the visa issues are easier in Canada these days. Just mean if you willing to spend 4 years to live and study there not sure why you writing it off so fast.

Aug 30, 2021 - 3:52am

Hey, I'm not overlooking a career in Canada, a career on Bay St. would be very lucrative and desirable I'm sure, but I have wanted to work in the States for the longest time, and it was just recently that I realised that I couldn't apply to USA unis coz of financial and visa constraints. By no means am I overlooking a career in Canada, its just that I would like to end up working in the States.

Hope that makes sense!

  • Business School in IB - Cov
Aug 31, 2021 - 12:01am

Lol don't go to UBC under the assumption that admittance to PMF is in any way likely

They only take 6 kids a year and it is highly political

True tho that they have insane placements (Goldman TMT, KKR Analyst etc)

Aug 31, 2021 - 12:08am

You go to a US college for that. People going into US from Canadian schools are Canadians citizens who are qualified for TN visa (Economist).

Even if it's non-target you go to US and hope for the best. 

You can go to Ivey, McGill for Canadian IB, and then transfer to US office on a L1 Visa. I think this is a better idea.

Aug 31, 2021 - 5:11pm

Hard for Canadian citizens to break into IB in-the states impossible for non Canadian citizens (especially Indians). Ivey will increase your chances but they're closer to zero than to 1. My advice would be try and work in Canada maybe become a Canadian citizen and then try and to transfer to the NY office of your bank.

  • Incoming Analyst in IB - Cov
Oct 6, 2021 - 12:42am

If you go to McGill and want to do IB, don't major in strategic management. HIM or Finance or Joint Honours Economics/Finance will make you far more attractive a candidate. Former mcgill student.

Oct 7, 2021 - 12:40am

I'm considering Consulting also, and strategic management basically sounds just like what you wld do at a strategic consulting firm. Plus I do Higher Level Business Management already in high school, and strategic management might be a good extension of this.

  • Incoming Analyst in IB - Cov
Oct 9, 2021 - 11:13pm

My advice, look on linkedin and see what kind of McGill student is now working in consulting, what majors they had. Personally I recall Honours Econ, Finance, HIM, and a couple (but far fewer) from strat man or international business. HIM will give you more visibility.

Oct 17, 2021 - 2:11am

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