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 $124,992. 92% 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.
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.
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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.