MBA Program. Co-op Full-time Accelerated Part-time

Transcription

1 MBA Program Co-op Full-time Accelerated Part-time

2 2 Welcome to DeGroote MBA Program Dean Leonard Waverman DeGroote School of Business When I ask our MBA students what s special about the DeGroote MBA, I hear over and over it s the community. They use words like fun, friendly, diversity, experience, helpful. Your classmates are your friends. You connect over business concepts, group projects, exams and presentations. You bond through competitions, charitable activities and social events. The faculty are your partners, pushing you to think critically, acquire the latest knowledge and apply your learnings. Our staff are your cheerleaders, guiding you through the program and supporting your development. Alumni are your advocates, mentoring you, hiring you and endorsing you. Sarah Lake, MBA Student Ambassador I came from a science background, studying biological sciences at the University of Western Ontario. I quickly realized in my final year, however, that the skills I had developed while completing an honours research project were better suited to a career in business. DeGroote was an opportunity for me to challenge myself academically, personally and professionally and I was both nervous and excited to trade my lab coat for a suit. I started at DeGroote in September 2012, and it did not take long to recognize that the co-op program was my best investment to ensure future success. DeGroote offered a program that would provide not only a strong business foundation but also the necessary work experience to build my thin resume. Equally as valuable to me as the academics and experiential learning offered at DeGroote were the involvement opportunities. With an MBA, you will be equipped with the real-world skills and knowledge to thrive in a rapidly changing business environment. With an MBA from DeGroote, you will acquire those skills and knowledge through a unique and exciting student experience, as part of a collaborative, supportive, fun community. Incoming students, I encourage you to take challenges head on and allow yourself to deviate from your intended path or plan. The toughest, but most exciting reality I have learned, as an avid planner myself, is that you can t plan anything. Take advantage of the development opportunities, because these will not only enhance your DeGroote experience but will open new doors you didn t know were available.

3 International Exchange Opportunities Why DeGroote? It is vitally important for individuals to compete in the international marketplace. we offer student exchanges to a total of 45 schools in 16 countries prepare for success in today s global economy, while enjoying a rewarding personal experience abroad A.T. Kearney Student Lab This course, offered in partnership with A.T. Kearney (a global management consulting firm), comprises two key components: expert lectures and client projects. The projects are actual A.T. Kearney client projects that address real-world strategic and operations-based business problems. Students will learn the concepts and skills to handle ambiguity, perform a persuasive analysis and communicate effectively. Students will also develop a deeper understanding of how organizations can leverage synergies across a range of disciplines by effective deployment of technologies and organizational structures and processes. Accreditation The DeGroote School of Business is accredited by AACSB International - the Association to Advance Collegiate Schools of Business. Less than 5% of schools of Business worldwide have earned this distinguished hallmark of excellence in management studies. McMaster has been accredited by AACSB since Accreditation affirms the high quality of DeGroote's degree programs, its faculty and its excellence as a teaching school. Accreditation confirms DeGroote as a world class business school. Xperience. Xplore. Xcel. Return on Investment With a 40-year heritage, our MBA co-op program offers a strong network of national and international industry partners. DeGroote s co-op work term placement rate typically exceeds an average of 95% as evidenced below. TERM EMPLOYMENT RATE Summer % Winter % Fall % Summer % Winter % Fall % Summer % Furthermore, upon graduation, the average co-op graduate earns a 76% increase in starting salary as compared to when they entered the program. As well, 51% secured employment with a previous co-op employer. Average starting salaries in 2012 were $66,674 with the highest reported in the Financial Services sector where students launched their careers with salaries of $100,000 per year. 3 Co-op Full-time Accelerated Part-time

4 DeGroote MBA Fast Facts (Based on 2012 Admissions) Our Profile Full-time Co-op Part-time Total 46/54 65/35 67/33 63/37 Average Age of Class 26 years 25 years 29 years 26 years Average Years of Work Experience 3 years 1 year 5 years 2 years Number of applicants Number of Students who Registered NETT T R HA 630 B+ (77%-79%) 24% MBA C AND TE IDA TIO LIZ A NOM IC S S P ECIA N :G ECO Business...30% Science...22% Social Science...18% Engineering...13% Health & Kinesiology...08% Humanities...05% Other...03% Non-degree...01% Overall Average GMAT: Overall Average Grades: Overall % of Visa Students: EN N D: DISTRIBUTION OF UNDERGRADUATE MAJORS Percentage of Male/ Female Students JOH N MBA Program ERA L A CA D E M IC B A R CKG OU

5 Application Process & Standards Required Documentation SAR GY OLO IO ND Z AT : BI A LI GE NER AL A CA D E M IC B G ACK RO U 5. Co-op interview Candidates applying to the co-op option must successfully complete a behaviour based interview. 6. TOEFL/IELTS TOEFL ( Minimum required score of 100 on the internetbased test. IELTS ( is also accepted with a minimum score of Qualifying admission interview - An admission interview is required for all qualified international candidates who will be studying on a Student Visa. These interviews are either in-person or online via Skype, 8. Non-Degree Applicants - The Admissions Committee will consider a small number of highly qualified candidates who do not hold a bachelor s degree. Applicants must have a minimum of seven years of successful business experience and a GMAT score of Co-op Full-time Accelerated Part-time S P E CI N: Admission Standards & Assessment 1. Grades - In the final 2 years of study, a B average is recommended. 2. GMAT - Minimum GMAT scores of 28 on the Verbal and 37 on the Quantitative sections are required. To be competitive, candidates should achieve a total score of References - While it is preferred that at least one reference be from an instructor who has taught the candidate, work-related references are also acceptable. 4. Work experience Domestic candidates applying to the accelerated and full-time options must have at least one year of full-time, continuous work experience at the professional, technical, or managerial level. All international candidates must have one year of full-time work experience that has been completed after graduation. MBA CA NDI D ATE 1. Completed on-line application ( with $150 (Cdn) application fee 2. Official transcripts sent directly to DeGroote from each postsecondary institution. 3. GMAT score reports sent directly to DeGroote by Pearson VUE (www. mba.com). 4. Two letters of recommendation. 5. A full résumé. 6. TOEFL results (if applicable) sent directly by the Educational Testing Service. KE A L AH

6 Program Options Co-op MBA MBA Co-op Term Sequencing Year 1 Term 1 Year 1 Term 2 Year 2 Term 3 Year 2 Term 4 Fall Winter Summer Fall Winter Summer Fall Academic Work Academic Work Academic Work Academic The DeGroote co-op MBA is Canada s premier program of its type and has the proven track record for providing engaging, meaningful and rewarding graduate business education, consistently producing market-ready business professionals. Industry Sectors As a long standing co-op school, DeGroote has many employer partners across a variety of business sectors including: n Health Care n Consulting n Pharmaceutical & Biotech Since this option requires no previous work experience, it is an ideal way for more recent graduates to enhance their resume or those looking to test drive a new career option. n Government n Education n Not for Profit n Capital Markets n Financial Services The co-op MBA program is an opportunity to be exposed to various industry positions and gain valuable work experience that complements classroom business principles. MBA 0 9 Sample Work Term Roles RD ASSFO B AN I n E-Business Analyst n Solutions Architect n Account Executive/Manager n Marketing Analyst n Auditor-Internal Audit & Corporate Security n Performance Improvement Consultant :B TIO LIZ A U SI NESS S P E CIA N :G EN ND MBA Program ERA L A C A D E M IC B G ACK RO U

7 Full-time MBA Accelerated MBA The DeGroote full-time MBA is a carefully blended combination of practical and theoretical business education. The 16-month program** includes an emphasis on both the learning of business fundamentals, and the development of practical skills required for you to advance your career. It is intended for those with at least one year of managerial, professional, or technical work experience. If you have already completed a recognized undergraduate business degree within the last 10 years (subject to Graduate Council approval), or are a graduate of McMaster University s Engineering and Management program, you may be eligible for advanced standing in year one and admitted directly into year two. You can earn your MBA degree in as little as 8 months of full-time study, or 20 months of part-time study. Candidates from a non-business academic background and who have at least seven equivalent courses with B grades will be considered on a case-by-case basis for this option. It is intended for those with at least one year of managerial, professional, or technical work experience. Year 1 Term 2 Year 2 Term 3 Year 2 Term 4 Fall Winter Summer Fall Academic Academic Academic Academic MB A E DIC A L S C IE N C E S TH S P E CI A LI Z ATI O N : H E A L VIC SER For students wishing to complete their MBA but unable to commit to a full-time study schedule, the DeGroote parttime option is an ideal alternative. This option allows you to set your own timetable, taking courses as you are able and gives you the flexibility and balance you require. For your convenience, MBA courses are offered in the daytime and evening in each of the 3 terms in a year allowing you to work while earning your degree. In terms of completing your program, you may take up to two courses per term, with the option of taking entire terms off, if needed. You have a maximum of 8 years to complete your degree. HITHEAD D: M Part-time MBA AW I G R 11 GEO 7 ES MA NAGE M ENT ACA D B E M IC AC KG Summary of Program Course Requirements Year 1 Year 2 Term 1 Term 2 Term 3 A600 Financial Accounting and Reporting A610 Managerial Accounting B600 Organizational Behaviour F600 Managerial Finance E600 Economics H600 K603 Information Systems in Business Human Resources Management Marketing Concepts and M600 Applications Q600 Applied Business Statistics O600 Operations Management P700 Term 4 Business, Government and the Global Environment P720 Strategic Management Plus 4 additional courses Plus 4 additional courses taken as taken as specialization specialization requirements / electives. requirements / electives. Co-op Full-time Accelerated Part-time ** As the MBA program is currently undergoing a curriculum redesign, it is possible that not all specializations will be available in a 16-month schedule. With planning, students may also choose to complete the program in 20 months and take the summer off. For the most up-to-date information, please visit our web site at mbarecruit.degroote.mcmaster.ca. UN Year 1 Term 1 RO MBA Full-time Term Sequencing

8 Student Life 8 MBA Program MBA Student Ambassadors Our Student Ambassador Program is a great way to build your extra-curricular activities and to give back to the DeGroote community. Student Ambassadors provide potential candidates with their perspective on the DeGroote MBA program. Whether it s to give advice on the application and admission processes, take candidates to an MBA class, or give tours of the Ron Joyce Centre, our enthusiastic volunteers enjoy promoting the program while developing their leadership and communication skills at the same time. MBA Association (MBAA) The MBAA is responsible for addressing the administration and leadership needs of the MBA class, and representing student interests through its cooperative interaction with other major stakeholders within DeGroote. Participating in organizations like these can help you develop skills outside the classroom while meeting new people and expanding your network. MBA Games The DeGroote School of Business was tops in Canada after sweeping the competition at the 2012 MBA Games in Edmonton, Alberta. DeGroote claimed first place in all three divisions of the national competition: spirit, athletics and academics. The MBA Games began at Queen s University in Generally, the winning school has the honour of hosting the Games the following year and in 2013 the MBA Games were held at the DeGroote School of Business with over 600 people from across Canada attending. I am taking away inspiration from this journey, says DeGroote MBA Games 2012 Co-Chair, Alex Paton. It has cemented in my brain that if you really hit the pavement and commit to something 100% and believe in it wholeheartedly it will pay off in the end. Winning the 2012 MBA Games has proven to me that if you work hard, good things will come your way. Sleep. Eat. Socialize. Get involved. Case Competitions DeGroote MBA students have the opportunity to represent the school at international competitions and test themselves against students from around the world. FEI BEST IN CLASS CASE COMPETITION TORONTO; NOVEMBER 2012 The DeGroote Team made it to the finals in this very prestigious event where participation is by invitation only to the top ranked MBA schools across Canada. SCHULICH INTERNATIONAL CASE COMPETITION TORONTO, DECEMBER 2012 The DeGroote Team placed 3rd out of 18 teams that were accepted to participate in this unique 2-round competition focused on the mining industry. JOHN MOLSON INTERNATIONAL CASE COMPETITION MONTREAL, JANUARY 2013 The DeGroote Team placed 3rd in the oldest and largest case competition in the world, known globally as the premier World Cup event for MBA case competitions. MBA NATIONAL CAPITAL CASE COMPETITION APRIL 2013 The DeGroote Team greatly impressed senior executives of the case company and brought home the first place trophy for this inaugural competition.

9 Career Development The Centre for Business Career Development The DeGroote Centre for Business Career Development (CBCD) provides comprehensive career development and employment services for full-time and co-op students. Throughout your MBA studies, you receive one-on-one coaching and customized career development. You will be fully equipped with well-rounded skills and experience, easing the transition into the workplace Our mission: Inspiring students to explore and achieve their career potential. Services As a unique benefit to the DeGroote MBA program, a full suite of career development services is provided to co-op and full-time students through CBCD. Resume and cover letter critiques Self-assessment, goal setting and career guidance Interview skills offered via group sessions, round table discussions, individual mock interviews and continuous feedback Networking sessions Student/Alumni Mentoring program Student profiling to guide career choices Careers after Graduation A wide range of opportunities are available for DeGroote graduates to pursue from banking/capital markets to health care/pharmaceutical to marketing to consulting to business development roles, and everything in between! Manager, Enterprise Strategic Investments Risk Analyst Senior Financial Analyst Consultant Business Analyst Equity Research Analyst Project Manager Entrepreneur Manager, Operational Projects Primary Care Industry Sectors Senior Policy Advisor Senior Business Development Analyst Business Valuation Analyst Mergers and Acquisitions Analyst Associate Brand Manager Operations Analyst CBCD partners with a broad base of employers across Canada delivering seamless, on-campus company information sessions and career recruiting. A small sample of our employer partners include: 9 Co-op Full-time Accelerated Part-time HEALTHCARE CONSULTING PHARMACEUTICAL & BIOTECH GOVERNMENT Office of the Auditor General of Canada FINANCAL SERVICES OTHER

10 Specializations An added benefit to the DeGroote MBA is the opportunity to concentrate your studies in a specific business field. Specializations are offered in a variety of areas and are completed in the second year of the program, allowing students the opportunities to further hone their career marketability by emerging with an MBA degree within a specialized field. You can also select a general MBA stream in the second year, which allows you to receive a broader overview of all management disciplines. 10 MBA Program Accounting & Financial Management Services This specialization, which emphasizes the fundamental theories and current issues in corporate governance and financial reporting, opens doors to a variety of career options, such as financial reporting, public accounting, auditing and assurance, forensic accounting, taxation, business valuations or bankruptcy trusteeship. Graduates can also pursue professional accounting/financial designations such as Chartered Professional Accountant (CPA-Canada), Certified General Accountant (CGA), Certified Public Accountant (CPA-US), Chartered Financial Analyst (CFA), and Chartered Business Valuator (CBV). Finance Graduates look forward to a wide variety of career opportunities, including investment management, investment banking, treasury and controllership, public sector financial analysis and management or management consulting. Course offerings also provide most of the finance and economics preparation required to complete Levels I and II of the Chartered Financial Analyst (CFA) syllabus. Health Services Management (certain restrictions may apply) The DeGroote HSM specialization has become Canada s gold standard for graduate health management education. HSM combines expertise found in the DeGroote School of Business with hands-on training gained through work experience in either public or private health care organizations. DeGroote's alliance with the Canadian College of Health Service Executives (CCHSE) allows HSM students to fast track their Certified Health Executive designation while earning their MBA degree. Management Information Systems The Management Information Systems (MIS) specialization provides you with the knowledge and skills you need to shape the effective implementation and use of information systems to facilitate the strategic objectives of organizations. The DeGroote MIS specialization will provide you with the requisite knowledge to act as a consultant and/or analyst. Through our alliance with SAP, the world's leading vendor of enterprise software, you have access to state-of-the-art SAP R/3 Enterprise software which allows companies to gain a competitive advantage in the marketplace by integrating all business processes and optimizing the utilization of available resources. SAP supported MBA courses can lead to certification in SAP Business Integration.

11 Management of Innovation and New Technology The innovative commercialization of science and technology in such sectors as pharmaceuticals, biotech, aerospace, telecommunications, software and electronics is revolutionizing how business is done. Although many students with technical backgrounds take this specialization because it provides a unique way to leverage technical skills, a substantial number of students without technical backgrounds select it because it provides generalized capabilities for managing innovation. General The General MBA takes a holistic approach to prepare you for positions that require the ability to co-ordinate and manage across several functional business areas. The General MBA is a popular choice for those who are looking to advance to upper levels of management, or for those who intend to start their own business or enterprise. Strategic Marketing The most sought-after marketers in today s diverse, global economy are ones who understand the psychology, sociology and politics of customer behaviour as it applies to both consumer and business markets domestic and international. In the Strategic Marketing specialization, concepts, theories and hands-on experience combine to prepare you for a successful career in marketing management, new product marketing, brand management, services marketing, marketing research and modeling, as well as advertising and promotion. Supply Chain Management This specialization prepares you to think through and analyze complex problems encountered by managers in the planning and control of processes. You will have handson encounters with real-world operations management projects and will be exposed to modern techniques used in logistics, inventory management, quality control and assurance, production planning and scheduling. 11 Co-op Full-time Accelerated Part-time Strategic Business Valuation The Strategic Business Valuation specialization is intended to train financial professionals in the best practices for business valuation. Requirements for the Canadian Operations Research Society (CORS) Diploma in Operational Research can be fulfilled with the appropriate academic standing and selection of courses. The courses in this specialization can also assist you in preparing for certification examinations conducted by the American Production Inventory Control Society (APICS). The purpose is to profile firms accurately in order to identify those that meet rigorous standards of excellence and growth. The underlying philosophy of this approach is that wise investments are made for the long run rather than for quick returns through rapid buying and selling. Such long-term financial health and growth can only be assessed through a complete analysis of the firm.

12 Financial Considerations MBA Tuition The following represents estimated total tuition and fees for students entering the MBA Program in September Tuition and fees may change in following years. Tuition is due at the beginning of each semester (fall, winter, and summer). International students should make sure they are aware of the tuition costs associated with their program, and be prepared to pay all necessary fees with or without scholarship assistance. 12 Program option Estimated total tuition fees for Canadian Citizens/ Permanent Residents Estimated total tuition fees for Visa Students MBA Program Co-op MBA $39,600 * $68,500 Full-time MBA $34,350 $63,200 Accelerated MBA $17,050 $31,625 Part-time MBA Approx. $41,000-$45,000 ($1,999/course) $3,786 per course * A limited number of Visa students with one year of work experience will be considered for the Co-op option. Financing your MBA Entrance Scholarships, Bursaries & Awards DeGroote School of Business MBA Entrance Scholarships range from $1,000 to $10,000. Candidates applying to the traditional full-time, accelerated full-time, or co-op options are reviewed automatically at the time of application. Those successful applicants who qualify for a scholarship are notified in their offer of admission. Additionally, a number of McMaster University Graduate Entrance Scholarships are available through the generosity of philanthropic donors. A separate application form may be required for these awards. Additional information is available on our web site. MBA Admission Awards are granted to incoming full-time, co-op, part-time and accelerated students who have achieved a score of 700 or higher on the Graduate Management Admission Test (GMAT). Determination of these awards is made at time of admission. (Approximate value $1,000 - $3,000) The Adam Felesky MBA Scholarship is an invitationonly competition that awards a full-tuition scholarship to an incoming full-time or co-op MBA student. Qualified candidates invited to participate must demonstrate both outstanding academic achievement and a 640+ GMAT score. Value: $30,000 ($15,000 annually for two years provided the recipient achieves a minimum B+ average at the conclusion of the first year of their studies).

13 Ontario Graduate Scholarships (OGS) Teaching Assistantships (TAs) The Province of Ontario annually provides funding for Ontario Graduate Scholarships (OGS), valued at $5,000 per term, to students in post-graduate programs. An OGS application is required at each graduate school where the student applies for admission to a graduate program. A limited number of teaching assistantships are available for MBA students normally registered in second year. ENCE L S CI ICA RA PO GE LIT N: NE L ACADE M IC B A OU CKGR Work Term Date Range Average Work Term I Jan Apr 2013 $2,200* - $5,000 $3,422 Work Term II Sept Dec 2012 $2,600 - $5,460 $3,719 Work Term III May - Aug 2012 $2,275 - $8.333 $3,980 ND : Note: The above information is provided by participating co-op employers, and students independent search. These salaries are offered as a guideline only. Each organization sets its own co-op salaries based upon several factors including internal wage structure, market competition, and student qualifications. *All salaries are quoted on a monthly basis. Salaries are not included if the work term is outside Canada. 13 Co-op Full-time Accelerated Part-time AT I O DeGroote MBA co-op students earn on average, between $3,400 to $4,000 per month per work term, covering a broad range of work term salaries. MBA CAN DID A S P E CI A LIZ Co-op Work Term Salaries ILL H EX TE As the financial institution chosen by McMaster University to offer Student Lines of Credit, TD Canada Trust can help you finance your MBA studies. Benefits include an available credit limit that you can use to cover all or part of your educational and living expenses or any other expenses, at a competitive variable interest rate. Payment options are flexible, with no prepayment penalties and there is no set-up, monthly or annual fees. To learn more about the TD Canada Trust Student Line of Credit, visit any TD Canada Trust branch, or visit their website at Ontario students may wish to visit for more information about the Ontario Student Assistance Program (OSAP). Students from out of province should investigate government financial aid opportunities through their home province. AL TD Student Line of Credit Provincial Government Student Loans

14 Key Information Deadline for Applications and Documentation MARCH 30 JUNE 1 NOVEMBER 1 (international applications) (domestic applications) (part-time studies only) For September admission For September admission For January admission Meet with a recruiter What makes the DeGroote MBA different? Want to make sure the program is right for you? Not sure if you meet our admission requirements? Our recruitment team can answer all of your questions about the DeGroote MBA! We are available in-person at the Ron Joyce Centre for one-on-one appointments, or meet with us at one of the numerous MBA Fairs, Canadian University Graduate/Education Fairs, or Information Sessions that are held throughout the year. Or our Student Ambassadors would be happy to speak with you as well. Finally, you are more than welcome to give us a call or send us an with any questions that you may have. To attend one of our recruiting events and to complete your application online, visit our student portal - the DeGroote MBA Insider - at RT STEWA K AR MBA 0 9 M D: H TIO LIZ A IS TO RY S P ECIA N :M UN MBA Program AR KET IN G A CA D E M IC B G ACK RO EARLY-BIRD INCENTIVE, Apply early AND WIN!! Submit a completed MBA application package by March 1, 2014 for international applicants, and by April 15, 2014 for domestic applicants. Candidates who accept an offer of admission, and register for classes will be placed into the draw. Be entered to WIN 1 of 2 cash prizes of $1,000! Visit our web site at mbarecruit.degroote.mcmaster.ca for full contest details.

15 Where to Find Us The Ron Joyce Centre State-of-the-art technology Open and flexible design promotes the best learning environment accommodates various uses enriches the student experience facilitates collaboration Horizon Exchange 7 classrooms Traded Funds 250-seat auditorium Investment Decision 30 break-out rooms Centre Teaching Boardroom Great Hall Learning Commons Teaching Commons Light Court MB A N: GE KIN TIO LIZ A ESIO LOGY S P ECIA The Ron Joyce Centre has been awarded a Leadership in Energy and Environmental Design (LEED) rating of gold - a testament to its many sustainable, environmentally-conscious features. UTLEDGE O R A ECC 10 REB DeGroote School of Business, Ron Joyce Centre Burlington, MBA Program and Executive Education NE RAL A CA D E M IC B A RO CKG UN 15 Co-op Full-time Accelerated Part-time Hamilton D: Burlington Toronto Opened September 2010 DeGroote s new Ron Joyce Centre in Burlington, Ontario is home to McMaster s MBA and Executive Education programs. The 90,000-square-foot facility s many features include:

16 16 MBA Academic Services Office Our Mission: The MBA Academic Services Office is committed to recruiting, rewarding and retaining the best and brightest students and supporting them throughout their MBA experience. Administrators, Recruiting and Admissions Denise Anderson Caitlin Rivero Steven Walker Manager, MBA Programs Isabella Piatek mbarecruit.degroote.mcmaster.ca DeGroote School of Business MBA Academic Services Office Ron Joyce Centre 4350 South Service Road Burlington, Ontario L7L 5R ext