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Ameer Khatri MBA Consultant

IVEY MBA

June 20, 2023

670

Avg. GMAT

29

Avg. Age

5.5 Yrs.

Avg. Exp.

146

Class Size

12

Months Duration

Table of Contents

What is a good GMAT score for IVEY MBA?

Short Answer – The average GMAT score at IVEY MBA is 670 for the last entering class. If you score above 670, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 

 

Average Employment Salary after IVEY MBA?

The average salary at IVEY MBA for the last graduating class was $141,231. 96% of the class was employed with 3 months of graduation with majority of class going into consulting (51%), Finance (24%) and technology (12%) oriented functional roles. 

Ivey’s employment success is largely supported by its world-class Career Management department. Career Management guides MBAs through the recruiting and interview process, provides students with tools and resources, and helps them develop the skills they need to succeed in their post-MBA career journey. 

Key Employers

96%

Employed within 3 months of graduation

141,231

Avg. Salary

 

51%

Consulting

24% 

Finance

12%

Technology

13% 

others

 

$ 126,600 

Tuition Fee

$ 22,500

Living Cost

149,100

Cost of Attendance

Tuition Fees & Scholarship at IVEY

The Tuition fees for IVEY MBA is $ 126,600 and an additional  $ 2,573 in living cost. 

Ivey partners with several organizations to offer financing support for incoming MBA students by way of exclusive scholarships and fellowships. Students will apply for these awards on their admissions application. Recipients will be chosen by the admissions committee and if selected, will be notified at the time of their offer.

Important Scholarships

Quick Overview & Rankings

84

FT Rankings

69 

QS Top MBA

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Ameer khatri Portrait 2

Deadlines

IVEY Application Essays

1: What are your short-term career plans immediately post-MBA, and why is an Ivey MBA essential to those plans? (250 word limit)

2: What is the most important issue that you’ve ever changed your mind about? (250 word limit)

IVEY Recommendation Ques.

1: How long and in what capacity have you known the candidate? (No word limit)

2: If this is a work-related reference, in what position is/was the candidate employed and for how long? (No word limit)

3: What do you consider to be the candidate’s principal strengths/talents? (No word limit)

4: What do you consider to be the candidate’s weaknesses or areas that need improvement? (No word limit)

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about IVEY

Ivey welcomes two sections of students each year in March. Ivey’s Preparatory Knowledge Program (optional, Pre-Ivey programming) starts at the beginning of March, with official classes beginning mid-March. The program is approximately 12 months in length.

No. At Ivey we pride ourselves on providing an MBA experience that cannot be delivered on a part-time or distance studies basis. Because of the interactive nature of the case-method and our focus on developing leadership essentials and a strong network of personal and professional relationships, it is necessary that students commit to pursuing the program in London for the year.

Before making an appointment, we recommend completing a profile assessment. This allows our team to provide you with feedback on your fit with our admissions requirements. From there, we will direct you to the best next steps.

Ivey has one of the largest and most qualified Career Management (CM) departments in North America. The Career Management team’s mandate is to provide you with the tools and resources needed to navigate your career path well into the future. We are extremely proud of our employment statistics, with our track record of placement consistently 90% or higher. For our current full employment report, please click here.

A GMAT or GRE score is a mandatory component of the application, however, if you hold all 3 Levels of the CFA designation, CPA (CPA Canada) designation or have a valid LSAT and received a score of 160+ this would be accepted in place of the GMAT score.

Yes, Ivey accepts both the GMAT and the GRE. However, candidates interested in pursuing post-MBA careers in the Financial Services or Management Consulting sectors should consider writing the GMAT to ensure a competitive profile as recruiters in these industries may request a GMAT score as part of their application process. Candidates should research the application criteria for their employers-of-preference before deciding which exam to write.

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Application Prep

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Interview Prep

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