Get the comprehensive guide to Schulich MBA admissions deadlines for 2023-24. Learn about the application timeline, requirements, and FAQs. Your one-stop resource for Schulich MBA admissions.
Are you considering pursuing an MBA at Schulich School of Business? Congratulations on taking a significant step towards your career growth! Understanding the admissions process and deadlines is crucial to ensuring a successful application. In this guide, we’ll walk you through everything you need to know about Schulich MBA admissions deadlines for the 2023-24 academic year. From the application timeline to key requirements, we’ve got you covered. Let’s dive in!
York University’s Schulich School of Business is renowned as Canada’s esteemed global business institution. Situated in Toronto, the Schulich School of Business has achieved high rankings in numerous international surveys, solidifying its status among the world’s top business schools. With a global, forward-thinking, and diverse approach, Schulich provides business programs throughout the year at its two Toronto campuses: a modern, advanced complex on York University’s main grounds, and the Miles S. Nadal Management Centre located in downtown Toronto’s financial district. Additionally, the school offers the Schulich MBA in India, a pioneering initiative as one of the initial MBA programs delivered by a prominent international business school outside of India. Further expanding its reach, Schulich maintains satellite centers in key cities such as Beijing and Shanghai in China, Mumbai in India, Seoul in South Korea, and Moscow in Russia.
Schulich MBA Admissions Deadlines:
Before embarking on your MBA journey, it’s essential to familiarize yourself with the application deadlines. The admissions process is highly competitive, and meeting the deadlines is paramount to maximize your chances of acceptance. Here’s a quick overview of the key milestones:
Application Open Date
The application process for Schulich MBA admissions for the 2023-24 academic year opens in June 2023. This marks the beginning of your journey towards securing a spot in one of Canada’s top MBA programs.
Early Application Deadline
For applicants keen on gaining an edge, the early application deadline is middle of september. Submitting your application by this date showcases your enthusiasm and commitment to joining Schulich’s esteemed MBA cohort.
The Full-time MBA Program
Schulich’s MBA program is ranked #1 in the world by the Aspen Institute (a Washington, DC-based leadership think tank) in a global survey that identifies which schools are doing the best job of preparing future business leaders for the environmental, social, and ethical complexities of modern-day business. Schulich’s MBA program is ranked #1 in Canada by Forbes, The Economist, and Expansión (a Time Warner publication based in Mexico City).
Schulich offers business degrees that lead to careers in the private, public and nonprofit sectors, and has more than 33,000 alumni working in approximately 90 countries.
The Schulich full-time MBA is completed over four terms with an estimated tuition fee of $106,900 CAD. The living cost per term is $8,669 CAD.
Schulich students get access to a full range of scholarships and awards which recognize excellence through academic achievement and extracurricular involvement in the School and/or the wider community. List of all available scholarships and awards is as follows –
- Robert Krembil Scholarship of Merit
- Seymour Schulich MBA Entrance Scholarship
- The Goldberg Leadership Award of Excellence
- Edward Sonshine Scholarship
- Heather L. Main Scholarship (Women in Capital Markets)
- Scotiabank Scholarship in International Business
Application Process: Step by Step
Navigating the application process is a critical part of your Schulich MBA journey. Here’s a step-by-step breakdown to guide you through:
Step 1: Online Application
Begin by completing the online application form on the Schulich School of Business website. Provide accurate personal and academic information.
Step 2: Transcripts and Test Scores
Submit official transcripts from all post-secondary institutions attended. Additionally, include your GMAT or GRE scores as part of the application.
Step 3: Work Experience
Detail your work experience, highlighting key responsibilities and achievements. A strong professional background can enhance your application.
Step 4: Letters of Recommendation
Secure two letters of recommendation that attest to your capabilities and potential as an MBA candidate. Choose referees who can provide specific insights into your skills and character.
Step 5: Essays and Statement of Interest
Compose well-crafted essays and a statement of interest. Articulate your career goals, reasons for pursuing an MBA, and how Schulich aligns with your aspirations.
Step 6: Application Fee
Pay the non-refundable application fee according to the instructions provided on the application portal.
Step 7: Interview
Admission requirements:
- An undergraduate degree with a minimum average grade of B in the final 2-years of the degree. (Applicants with a 3-year degree need one year of work experience beyond the minimum requirement)
- GMAT/GRE score: The average GMAT score is 680 for the class of 2023. The Schulich MBA program does not mention a minimum GMAT score for admission.
- Minimum 2 years of full-time work experience.
- Online application
- Essays (2 written, one-timed written, two videos)
- Resume
- Two references
- Transcripts of the undergraduate institution(unofficial)
- GMAT /GRE score (unofficial)
- English language proficiency: only required if English was not the official language of instruction.
- IELTS (Academic Test): 7.0 overall score with 6.5 minimum on each dimension.
- TOEFL (B710): 100 iBT(minimum 23 on each dimension)
- Letter of recommendation – In your Schulich application, you will be asked to provide two MBA letters of recommendation – from your current or previous supervisors.
Application Fees – CAD $150
If shortlisted, participate in the admissions interview. Prepare by researching common MBA interview questions and practicing your responses.
Course Curriculum
The academic offerings at Schulich encompass both full-time courses located at the Keele Campus, with first-year courses additionally available in a full-time format downtown. The educational approach places a strong emphasis on active student engagement within the classroom, fostering participation, and practical application of managerial concepts. Many courses integrate real-world projects within companies, providing students with hands-on experiences.
The teaching methodology lacks a universal format, as the arrangement, teaching methods, and class style are tailored to best suit each specific course’s educational goals. Several course instructors heavily rely on analyzing real-life cases, while others follow alternative paths. Various strategies for course delivery involve interactive classroom presentations, immersive role-playing activities, and the inclusion of guest speakers who are prominent figures within the business realm.
Students typically enroll in a course load of nine to 15 credit hours per term, with an option to take on a maximum of 18 credit hours. The program’s duration spans a minimum of 16 months across four consecutive terms. Alternatively, it averages around 20 months, allowing for a summer break. Lastly, the most extended period for program completion is 24 months, extending over six terms. Additionally, an accelerated track exists, enabling students to finish their studies within a condensed timeframe of 12 to 18 months
Class Composition
The full-time MBA cohort comprises 270 students. On average, they are 32 years old and have worked for an average of 5.5 years. Within the class, 35% of the students are female, and 47% hail from international backgrounds. This assembly is marked by their notable intellectual competitiveness, as demonstrated by an average collegiate GPA of 6.62 and a GMAT score of 636. The range of GMAT scores spans from 550 to 730.
Scholarships and Financial Aid
Financing your MBA is an important consideration. Schulich School of Business offers various scholarships and financial aid options to support deserving candidates. These include:
- Entrance Scholarships: Awarded based on academic excellence and leadership potential.
- International Student Scholarships: Specifically for international applicants.
- Merit-Based Scholarships: Recognizing outstanding achievements.
- Need-Based Financial Aid: Supporting candidates with demonstrated financial need.
To name a few:
- Robert Krembil Scholarship of Merit
- Seymour Schulich MBA Entrance Scholarship
- The Goldberg Leadership Award of Excellence
- Edward Sonshine Scholarship
- Heather L. Main Scholarship (Women in Capital Markets)
- Scotiabank Scholarship in International Business
Read more about the scholarships at Schulich here!
Placement Statistics
The Schulich MBA program has an 94% employment rate within three months of graduation for the class of 2023. This is made possible with the help of its in-house Career development team that offers personalized mentoring and coaching and other resources.
The salary range for the class of 2023 is between $49,000 – $270,000, with an average salary of $98,720.
141 companies hired Schulich MB/IMBA batch 2023. The following are some of the top organizations that hired graduates of the Schulich MBA Program – CIBC, TD, KPMG, P&G, Mondelez, Amazon, YouTube, Deloitte, and IBM
FAQs
Can I apply for multiple intakes within the same academic year?
No, you can only apply for one intake. Choose the intake that aligns with your career goals and timeline.
What is the ideal length for the essays?
While there’s no strict word limit, aim for concise and impactful essays. Generally, 500 to 750 words per essay is a good guideline.
Can I submit my application before obtaining my GMAT/GRE scores?
Yes, you can submit your application with pending test scores. However, make sure to send your scores directly to Schulich once available.
How are scholarship recipients selected?
Scholarship selection is based on a combination of factors, including academic performance, leadership potential, work experience, and contributions to the community.
Is an admissions interview mandatory?
While not all candidates are invited to an interview, it is a common part of the selection process. An interview provides the admissions committee with more insights into your candidacy.
When should I expect to receive my admission decision?
Admission decisions are typically communicated by the notification date mentioned in the admissions timeline.
Embarking on an MBA journey is an exciting endeavor, and understanding the admissions deadlines is the first step towards achieving your academic and career goals. We’ve covered the essential aspects of Schulich MBA admissions for the 2023-24 academic year, from application timelines to key requirements and frequently asked questions. Remember, the admissions process is your opportunity to showcase your unique qualities and potential. Best of luck as you embark on this transformative journey!
