Global Reach. Innovative Programs. Diverse Perspectives. Schulich MBA You want a business degree with world-class credentials. You want an international learning environment. You want relevance, flexibility and choice. Look no further. Schulich is your perfect match. Global Reach. Innovative Programs. Diverse Perspectives. TABLE OF CONTENTS 1 A Message from the Dean 3 The Schulich MBA 5 Program Overview 7 Study Options 8 Real-world Experience 9 Multiple Degree Choices 11 Beyond the Classroom 12 Admissions and Financial Aid Front cover: Natasha Penzo-McIntosh (MBA ’13) “Business today is global and your credentials must be too. A Schulich degree is recognized around the world. We’ve earned this strong reputation based on our global reach, innovative programs and diverse perspectives on management and leadership.” Dezsö J. Horváth, phd, CM Dean and Tanna H. Schulich Chair in Strategic Management Schulich School of Business A MESSAGE FROM THE DEAN Accelerate your career with the Schulich MBA. Global Reach If you seek a highly rewarding and stimulating program, in a learning environment that is truly international, then I invite you to come to Canada’s Global Business School™ – the Schulich School of Business. You’ll deal with global themes and issues in both core and elective courses and experience the world first-hand through Schulich students and faculty from abroad. Your classmates will include MBA students from our 50 international MBA exchange partners – leading management schools in 30 countries. And when you graduate, you’ll join a network of more than 25,000 Schulich alumni working in over 90 countries worldwide. You’ll have access to 87 alumni chapters in 62 countries and to Schulich Satellite Centres in Brazil, China, India, Mexico and South Korea. Innovative Programs At Schulich, our expertise in 20 specialized areas of study will help you meet your unique career objectives and give you a competitive career advantage. Our specializations focus on management functions such as accounting, finance and marketing, as well as cutting-edge industry sectors and business issues such as global mining management, global retail management, health industry management and social sector management. In the classroom, Schulich faculty members integrate theory and practice using a range of pedagogical approaches, including case studies, discussions, simulations and team-based projects. For example, you’ll complete the Strategy Field Study, a comprehensive group project which will give you the opportunity to conduct an in-depth evaluation of an organization, develop actionable recommendations and implement a plan for improved performance. Diverse Perspectives As a Schulich student, you will constantly be exposed to multiple and varied perspectives on management. These will include private, public and non-profit sector issues, as well as economic, social, ethical and environmental considerations. Your horizons will be further expanded through the diversity at Schulich. Over 50 per cent of our students are international and come from more than 30 countries around the world. Sixty-five per cent of Schulich faculty are international as well. They are award-winning teachers and researchers with expertise in all areas of business. The highly varied educational, cultural and professional experience of your classmates and instructors will enrich your formal learning, as will extracurricular activities such as conferences, case competitions and guest lectures. 1 “I chose Schulich because of the strength of its faculty and students, as well as its truly global orientation. My experience exceeded my expectations. Armed with all that I had learned and helped by the School’s vast alumni network, I was able to land a very competitive position in finance.” ANDREW PUCHER (MBA/JD ’09) Vice President, Investment Banking Goldman, Sachs & Co. (New York City) Global Reach Schulich is among the world’s leading international business schools with alumni in over 90 countries. 2 Beth Nuniam (MBA ‘13) Healthcare Consultant Deloitte Canada Gustavo Alvarez (MBA ’05) ITS Sales Leader, IBM, East Africa Nairobi, Kenya Jeffrey Austin (MBA ’13) Account Manager Business Development Bank of Canada THE SCHULICH MBA A world of choice. Schulich offers you countless ways to meet your career goals and lifestyle demands. We offer innovative degrees and cutting-edge specializations. All programs include carefully designed courses to provide you with a strong foundation in all aspects of general management. You’ll build on this core program with specialized elective courses in 20 key areas. Our integrated curriculum allows you to tailor your studies and stand apart from the competition. Fast track your degree with Schulich’s Accelerated MBA or launch a global career with the International MBA (IMBA). Become an expert in the fields of business and law with an MBA/JD or specialize in the arts sector with an MBA/MFA or MBA/MA. After graduation you can add to your degree with a Post-MBA Diploma in Advanced Management. It’s up to you. And the choices don’t stop there. Depending on your program, you may start in September, January or May. Study year-round in the fall, winter and summer, or take a term off. You can choose between full-time or part-time study and take classes during the day, in the evening or on weekends. You may also switch between part-time and full-time to manage your studies, career and lifestyle demands. Schulich has two Toronto campuses – a state-of-the-art home on York University’s main campus and downtown at King and Bay, in the Miles S. Nadal Management Centre. CHoose your program Schulich Degrees Degrees MBA IMBA EMBA MBA/JD MBA/MFA/MA MBA in India MAcc MBAN MF Master of Business Administration International MBA Kellogg-Schulich Executive MBA MBA/Juris Doctor MBA/Master of Fine Arts/Master of Arts Schulich MBA in India Master of Accounting Master of Business Analytics Master of Finance 20 areas of specialization with over 150 electives Customize your studies Management Functions Industry Sectors Special Issues Accounting Economics Finance Marketing Operations Management and Information Systems Organization Studies Strategic Management Arts and Media Administration* Financial Engineering* Financial Services Global Mining Management Global Retail Management Health Industry Management* Public Sector Management* Real Estate and Infrastructure* Social Sector Management Business and Sustainability* Business Consulting Entrepreneurial Studies International Business • Complete a full-time degree in just 16 months • Switch between full-time and part-time study • Choose flexible part-time options – Daytime, Evening and Weekend • Finish the Accelerated MBA in just 8 months (qualified applicants) • Start in September, January or May • Main campus and downtown locations Diplomas PDAM Post-MBA Diploma in Advanced Management Financial Engineering Diploma (Stand-alone) *Graduate Diploma Option These diplomas include a concentration of courses and a strategy study in a specific area. A work term, internship or independent study may also be required to complete a diploma concurrently with your degree. schulich.yorku.ca/specializations • Study one term abroad in one of Schulich’s global network of leading management schools 3 “Schulich programs pull together students and faculty from all over the world to grapple with business challenges and management responsibilities. That interaction generates remarkable insights and lessons. We’re developing the analytical, problem-solving and decision-making skills necessary for the next generation of business leaders.” STEPHEN WEISS, PhD MBA Program Director Associate Professor of Strategic Management/Policy and International Business Innovative Programs Schulich excels in cutting-edge fields with a focus on specific industries and business issues. 4 PROGRAM OVERVIEW Your competitive advantage. Today’s globalized world is both complex and fastpaced. Your success in it will depend on how well you differentiate yourself from your peers. The Schulich MBA will equip you with the specialized knowledge and leadership skills you’ll need to gain a competitive career advantage. You’ll become an expert in one or more fields through your selection of elective courses across 20 areas of specialization, including management functions, industry sectors and special business issues. At the same time as you complete your degree, you’ll also have the option of earning an additional Graduate Diploma in specializations such as Business and Sustainability and Financial Engineering. Equally important will be your skill set and knowledge base – how well you identify problems, not just solve them. You will learn to manage complexity, ambiguity and change as you examine business issues in a global environment using multiple perspectives. Success will also depend on how well you work with others to achieve results. Developing your communication, presentation, interpersonal and group management skills will be integral to your MBA studies. So will relevance. At every opportunity, Schulich faculty bring current issues into the classroom in the form of case studies, simulations and guest lectures. Faculty are skilled at drawing on the varied perspectives of their students and Schulich’s students are among the most diverse anywhere in terms of background and experience. This translates into relevant and multiple points of view. The result is a powerful and engaging classroom environment. At Schulich, you’ll go beyond the case method and be exposed to applied learning with our one-of-a-kind capstone course – the Strategy Field Study. The ultimate in integrative management learning, this six-month strategic consulting project allows you to work with real clients on real issues. It’s how you’ll apply your learning and strategic thinking in the real world. MBA at a Glance – Full-time The flexibility of Schulich’s full-time study options allows you to complete your MBA in either 16 or 20 months. If you have an undergraduate business degree and work experience, you may also qualify to complete the Accelerated MBA in just 8 months. You can start your full-time MBA studies in September or January. MBA Program year 1 (Equivalent to 8 months) MBA Program year 2 (Equivalent to 8 months) Launch Week Term 1 Term 2 Terms 3/4 Skills for Leadership Managing for Value Creation Strategic Management Financial Accounting for Managers Managerial Finance The Economic Environment of Business Marketing Management Information Systems* Management Accounting* Strategy Field Study Quantitative Methods* Operations Management* 8 Elective courses Organizational Behaviour Core foundation Electives/Specialization Options schulich.yorku.ca/mba 1 Elective course Strategy Field Study * 1/2 term course 5 Daniela Guzman Manhey (MBA ’13) Manager, Strategy & Transformation Services, RBC Ivan Guisao (MBA ’11) Senior Manager, Mobile Banking Scotiabank Akshay Rumalla (MBA ’13) Senior Consultant, Global Business Services IBM Canada Ltd. Michelle Chislett (MBA ’06) Managing Director, Business Development SunEdison Canada MBA at a Glance – Part-time Schulich’s part-time MBA is one of the most flexible available. Complete the program in 10 terms (approximately three years). At the Keele campus, choose evenings (two per week), alternate weekends (Saturday/Sunday) or day classes. The downtown King and Bay campus offers evening classes. The Schulich full-time and part-time MBA are the same great programs – only the schedule differs – enabling you to switch between the two. Evening Schedule: Downtown Campus, Miles S. Nadal Management Centre MBA Program year 1 (Equivalent to 20 months) Launch Week Term 1 Term 2 Term 3 Term 4 Term 5 Skills for Leadership Organizational Behaviour Information Systems* Managing for Value Creation Management Accounting* Financial Accounting for Managers The Economic Environment of Business Marketing Management Managerial Finance 1 Elective course Term 8 Term 9 Term 10 Quantitative Methods* MBA Program year 2 (Equivalent to 20 months) Term 6 Term 7 Strategic Management Strategy Field Study Strategy Field Study 2 Elective courses 2 Elective courses 1 Elective course 2 Elective courses 1 Elective course 6 Core foundation Electives/Specialization Options Strategy Field Study * 1/2 term course Operations Management* Leverage all your options “The Schulich MBA program equipped me with the strategic and analytical tools I need in the workplace to maximize resources and generate synergies which significantly impact our bottom line. I developed a global perspective, specifically in relation to European and Asian markets, and expanded my worldwide network.” to meet your career goals and lifestyle needs. Valentina Luján (MBA ’13) Project Leader in the Processes’ Integration and Improvement Area at the Human Resources Subdirection Petroleos Mexicanos (PEMEX) STUDY OPTIONS Unparalleled flexibility. Accelerated MBA If you have a BBA or BComm and two years post-degree work experience, or if you are a Canadian Chartered Accountant (CA) who has obtained an undergraduate honours degree, you can fast-track and start in Year 2 to complete your MBA in just eight months. You will be awarded with advanced standing for Year 1 core courses of the MBA, reducing the total required MBA courses from 60 to 30 credit-hours. Available for part-time study also. Advanced Standing Depending on your undergraduate degree and work experience, you could be eligible for advanced standing for one or more first year core courses. Your BBA or BComm may qualify you for advanced standing (exemption) from some or all of your core courses and shorten the length of your program. Waiver with Replacement For students with some prior undergraduate business courses, but no undergraduate business degree, it is possible that some core course requirements may be waived and elective courses substituted in their place. Switch between Part-time and Full-time Customize your schedule and switch between part-time and full-time study. Both Schulich programs are identical except for the schedule, enabling you to switch between them to manage your studies, career and lifestyle. MBA Student Undergraduate Degree Backgrounds Class of 2015 Business / Economics: 32% 9% 32% 16% Engineering / Math / Science: 43% Humanities / Social Sciences: 16% Other: 9% 43% MBA Class of 2015 Profile MBA Pg 7 – MBA Student Undergraduate Degree Backgrounds revised: May 2014 Average Age......................................................................................... 28 Average Work Experience.............................................................. 5 years Study Abroad Apply to study abroad at one of Schulich’s academic partner institutions – 50 of the world’s leading MBA schools in over 30 countries around the globe – including Beijing, London, Milan, New York, Paris, Santiago, Sydney and Tokyo. schulich.yorku.ca/studyabroad Average GMAT................................................................................... 661 GMAT Range............................................................................ 550 – 780 Average GPA......................................................................... 3.3 / 4.0 (B+) Male Students....................................................................................69% Female Students................................................................................31% International Students........................................................................50% 7 Integrate classroom “Schulich takes you beyond the comfort of a traditional classroom with practical, real-world learning. The innovative approach of the Strategy Field Study challenged me and developed the skills I needed to add value in today’s business landscape. The Schulich MBA gave me a competitive career advantage.” learning with applied hands-on experience as you work with real clients and real problems. Chance Moran (MBA ’12) Associate, Equity Derivatives Trading CIBC World Markets REAL-WORLD EXPERIENCE Enrich your learning. Throughout the Schulich MBA there are many opportunities that will enrich your learning. You will strengthen interpersonal and communication skills, learn to negotiate and act entrepreneurially, and you’ll gain hands-on experience and an understanding of how to develop and implement effective strategies. Launch Week Even before the start of formal classes, you’ll begin honing the critical soft management skills that are valued by organizations today. You’ll begin your studies with an intensive Launch Week. Part orientation and part icebreaker, it’s a multi-faceted, integrative experience that ensures you’ll hit the ground running. 8 The Strategy Field Study This hallmark of the Schulich MBA is an intensive, two-term project in which student teams develop a comprehensive strategic consulting report for real-world organizations. The project is a hands-on learning tool for applied strategic thinking and for the development of real-world judgment and decision-making skills. As well, it allows you to integrate the business functions you have been studying in order to apply them holistically to real clients, real problems and real solutions. Global Leadership Program The Global Leadership Program is an alternative to the Strategy Field Study. You’ll work with a team that includes Schulich students and MBAs from one of Schulich’s international partners to develop a market entry strategy for either a foreign company interested in the Canadian market or a Canadian company interested in foreign markets. Study Teams Throughout the MBA, you’ll gain experience working effectively in teams. The diverse professional, academic and cultural experiences of your team members will expose you to highly varied points of view as you identify and solve problems. These multiple perspectives fundamental MBAare Pg 7 – a MBA Student Undergraduate Degree Backgrounds revised: May 2014 part of decision-making in today’s transformed world and will offer you a distinct competitive advantage. Where Schulich MBA Grads are Working Class of 2013 Finance: 26% Real Estate / Energy / Law / Others: 18% Consulting: 11% Non-profit / Gov’t / Arts / Media: 11% Consumer Products: 10% Technology: 10% Manufacturing: 8% Pharma / Health Services / Biotech: 6% 8% 6% 26% 10% 10% 11% 18% 11% MBA Pg 8 – Where MBA Grads are Working revised: May 2014 “The Schulich MBA/JD program allowed me to distinguish myself in the highly competitive job markets of business and law. Specializing in Real Estate and Infrastructure and participating in high-profile case competitions throughout North America gave me the opportunity to land a coveted position at a law firm in New York City.” Amber Lam (MBA/JD ’14; Graduate Diploma in Real Estate and Infrastructure ’14) Corporate First-Year Cravath, Swaine & Moore LLP MULTIPLE DEGREE CHOICES Combine your interests. MBA/JD (MBA/Juris Doctor) This highly respected and challenging program will prepare you for career opportunities in both business and law. Schulich delivers the MBA portion, and York’s Osgoode Hall Law School, the law portion. Upon completion of your studies, you’ll receive a Joint Master of Business Administration (MBA) and Juris Doctor (JD) degree. The full-time joint degree gives you the added value of completing your studies in just four years – one year less than if both degrees are undertaken separately. You can also complete the program in three years by starting in the summer term (May). This option condenses Years 1 and 2 to 16 months through year-round study. For a career that integrates business and law, you can specialize in areas such as environmental law/ business management; economic regulation; finance; international business; corporate/commercial law; corporate tax; labour law/labour relations; public administration; or real estate and infrastructure. Admission is required by both Schulich and Osgoode Hall Law School. Schulich’s admission criteria are the same as for the MBA program with the following exceptions: A- average in last 2 years of study, GMAT of 85th percentile and the requirement for work experience is waived although it is important to note that the average MBA student has several years work experience. schulich.yorku.ca/mbajd osgoode.yorku.ca/programs MBA/MFA/MA (MBA/Master of Fine Arts/ Master of Arts) Schulich and York’s Faculty of Fine Arts have combined their unique expertise in business and the arts to offer the combined MBA and MFA, as well as MBA and MA degree programs including: • the MBA/MFA in Film Production & Screenwriting, Visual Arts or Dance; • the MBA/MA in Cinema & Media Studies, Art History & Curatorial Studies, Music, Dance or Theatre & Performance Studies. The three-year, full-time joint degree programs offer excellent preparation for students interested in management careers in the arts and cultural industries. The combination of discipline-specific and business expertise provides a unique perspective on, and understanding of, management in the cultural sector. Students must apply to, and be accepted by, each program separately. Relevant work experience in the arts or cultural industries is preferred. schulich.yorku.ca/mbamfama Post-MBA Diploma in Advanced Management This unique program offers MBA graduates from recognized business schools the opportunity to keep abreast of new developments in their fields, or to develop expertise in a different career area. Study full-time or part-time and design your schedule to suit career needs and lifestyle demands. The full-time program is one term (3 1/2 months) in length and the part-time is three terms (12 months). schulich.yorku.ca/post-mba Financial Engineering Diploma (Stand-alone) Launch a career in the rapidly expanding field of financial engineering/quantitative finance with Schulich’s standalone, part-time Diploma in Financial Engineering. The program is 3 terms (12 months) in length. Career paths include specialized positions in finance with banks, investment firms, brokerage houses and other financial institutions, as well as risk management with large corporations and consulting firms. schulich.yorku.ca/finengdiploma 9 “Schulich’s rich learning environment comes from both faculty and students’ multidisciplinary approach to management education. The diversity of specializations, sectors and global experiences enables us to explore issues from a wide range of perspectives in the classroom.” MOREN LÉvESQUE, PhD Professor of Operations Management and Information Systems Certified General Accountants of Ontario Chair in International Entrepreneurship Diverse Perspectives Students and faculty come from around the world bringing experience in the private, public and non-profit sectors. 10 Take advantage “I chose the Schulich MBA for its reputation, variety of specializations and diverse student body. But from day one, my experience outside the classroom was equally rewarding. As President of the Graduate Business Council, I built valuable leadership, time management and interpersonal skills, landing a position with Ernst & Young well before graduation.” of countless opportunities to enrich your formal, in-class learning. Inder Dhillon (MBA ’13) Management Consultant Ernst & Young BEYOND THE CLASSROOM Leverage your Schulich experience. Extracurricular Activities Get involved, be active – that’s a recurring message we hear in the advice given by Schulich students and alumni. Take advantage of the countless opportunities Schulich provides to enhance your formal, in-class learning. Attend one of the dozens of events that student-led organizations put on throughout the year, including guest lectures, expert panels and conferences. Hone your leadership skills as an executive member of one of Schulich’s numerous clubs. Represent the School at the annual Canada-wide MBA Games or at high-profile national and international case competitions. The Schulich experience is about community. It’s about making the most of your MBA studies. You’ll meet people from diverse backgrounds, build networks that will last a lifetime and gain invaluable experience. gbc.schulich.yorku.ca/clubs Career Management Cultivate your professional development and maximize your career opportunities with Schulich’s Career Development Centre (CDC). The CDC offers a wealth of innovative programs and resources to help you launch your ideal career path and facilitate future employment opportunities. Benefit from individual advising and career development counseling. Meet recruiters, alumni and executives at corporate information sessions. And participate in workshops that will provide you with the latest information on job search techniques and help you stand out from the competition. CDC counsellors have a unique combination of first-hand knowledge and experience in a wide variety of industry sectors. They’ll help you identify your strengths, hone your skills for career management and put your professional development plan into action. Global Alumni Network As a Schulich graduate, you’ll join a global network of more than 25,000 alumni making their mark in over 90 countries worldwide. The Schulich Global Alumni Network encourages and facilitates a lifelong association with the Schulich community, providing you with a wide range of services that will continue to support you throughout all the stages of your career. You’ll have access to a secure, online alumni directory that allows you to stay in touch with your classmates or seek out new contacts working in the same industry, city or country. You’ll receive monthly updates on alumni and School activities, as well as notifications for upcoming events, including the prestigious Alumni Recognition Awards and CONNECT, the School’s annual Alumni Forum, which features panels, keynote speakers and limitless networking opportunities. schulich.yorku.ca/careers schulich.yorku.ca/alumni 11 ADMISSIONS AND FINANCIAL AID Invest in your future. Admissions Financial Aid Criteria • Undergraduate degree from a recognized university with a minimum B average on the last two full years of study or equivalent Scholarships and Awards Schulich offers a large number of awards, bursaries and scholarships to domestic and international students to help you invest in your future. Financial aid is available both at entrance and during the program. Schulich’s entrance awards program rewards high-calibre incoming students with numerous awards that are among the highest value offered to MBA students in Canada. There are also many in-course awards and bursaries for continuing students. • Acceptable scores on all measures of the Graduate Management Admission Test (GMAT) • Two recommendations • Two years of relevant full-time work experience (after undergraduate degree) • Proof of English language proficiency (if English was not language of degree study) • Joint Degrees and Post-MBA Diploma programs have additional admission criteria • Interviews are required on a select basis by the Admissions Committee • Management experience, leadership potential, entrepreneurial experience, communication skills, creativity, involvement in the community and extracurricular activities are additional considerations To attend an information session, register at: schulich.yorku.ca/infosessions Government Student Loans Full-time students are eligible to apply for government student loans (Canadian citizens and landed immigrants). Ontario residents may apply for OSAP (Ontario Student Assistance Program). Students from other provinces may apply to the government student assistance program in their home province. U.S. citizens are eligible to apply for the Direct Loan program. There are also select loans programs for international students available. Preferred Banking The Royal Bank of Canada offers Preferred Banking to Canadian citizens or permanent residents. This includes preferred lending rates through a Royal Bank Professional Student Line of Credit. Royal Bank representatives are available on campus at the start of the terms to meet with students and discuss their budgeting needs. For a complete listing of awards and scholarships, visit: schulich.yorku.ca/financialaid 12 APPLICATION process Apply on-line at schulich.yorku.ca/apply and submit: • Application and supplementary essays • Two recommendations • Official GMAT results • Official transcripts from all post-secondary institutions attended (transcripts to be sent directly to Schulich from the issuing institution) • Detailed résumé • Application fee • Proof of English language proficiency (if applicable) For application deadlines and details, please visit: schulich.yorku.ca/apply We are here to guide you in your decision-making and provide as much information and assistance as you may need. Please call, e-mail or visit us. We’re here to help. 06/2014 Photography: Ian Chrysler, Steven Evans, Klixpix, Joncarlo Lista, Alex Urosevic Design: bhandariplater.com Printed in Canada We know choosing your school is a big decision. Global Reach. Innovative Programs. Diverse Perspectives. www.schulich.yorku.ca Contact us Schulich School of Business Seymour Schulich Building Graduate Admissions York University 4700 Keele Street Toronto, Ontario Canada M3J 1P3 Domestic Admissions Tel.: (416) 736-5060 Fax: (416) 650-8174 E-mail: admissions@schulich.yorku.ca International Admissions Tel.: (416) 736-5059 Fax: (416) 650-8174 E-mail: intladmissions@schulich.yorku.ca facebook.com/SchulichBusiness facebook.com/SchulichMBA twitter.com/SchulichSchool twitter.com/Schulich_MBA Global Reach. Innovative Programs. Diverse Perspectives.