Ivey Business School MSc in Management: Detailed Review

Table of Content

600+

GMAT Score

Optional

Avg. Work Experience

CAD 89K

Avg. Cost of Study

16

Months Duration 

CAD 100K

Avg. Salary

Introduction to MScM at IBS

Ivey Business School’s Master of Science in International Management (MScM) is a prestigious 16-month program that prepares recent graduates for successful careers in business. The MScM offers three streams: Business Analytics, Digital Management, and International Business. Students can choose to start the program in either January or September, depending on their stream.

The MScM is designed to build on student’s undergraduate experience and give them the skills and knowledge they need to succeed in a globalized business world. The program is known for its rigorous academics, experiential learning opportunities, and strong focus on leadership development.

Why Study MScM at IBS?

73

FT Rankings

41

QS Top MiM

There are many reasons to choose Ivey for your MScM. Here are just a few:

  • Reputation: Ivey is one of the top business schools in the world. Its MScM program is consistently ranked among the best in the world.
  • Academics: Ivey offers a rigorous and challenging academic program that will prepare you for success in the global business world.
  • Experiential learning: Ivey is known for its commitment to experiential learning. You will have the opportunity to participate in a variety of experiential learning activities, including case competitions, consulting projects, and global immersion experiences.
  • Leadership development: Ivey is also committed to developing leaders. You will participate in a variety of leadership development activities that will help you develop the skills and confidence you need to lead effectively in the workplace.
  • Career outcomes: Ivey MScM graduates are highly sought-after by employers around the world. They go on to successful careers in a variety of industries, including consulting, finance, marketing, and technology.

If you are a recent graduate looking for a challenging and rewarding MScM program, Ivey Business School is a great option. With its rigorous academics, experiential learning opportunities, and strong focus on leadership development, Ivey will prepare you for success in the global business world.

Program Costs + Living Expenses : MScM at IBS

CAD 73,800

Cost of Tuition

(for international students)

+

CAD 6,000

Avg. Living Expenses/Quarter

+

CAD 3,000

(Avg. Academic Expenses)

CAD 82,800

Avg. Cost of Study

The Ivey MScM program is a significant investment, but it is also an investment in your future. Ivey graduates are highly sought-after by employers around the world, and they go on to successful careers in a variety of industries.

Tuition

Tuition for the Ivey MScM program varies depending on your stream and citizenship status.

  • Domestic students: CAD 38,250
  • International students: CAD 73,800

Academic Expenses

In addition to tuition, you will also need to budget for academic expenses, such as casebooks, supplies, and student fees. These expenses can vary depending on your stream, but you can expect to spend around CAD 3,000 on academic expenses throughout the program.

Living Expenses

Living expenses in London, Ontario are relatively affordable. You can expect to spend around CAD 2,000 per month on living expenses, including rent, utilities, food, entertainment, and transportation.

Total Costs

The total cost of the Ivey MScM program will vary depending on your stream, citizenship status, and lifestyle choices. However, you can expect to spend around CAD 60,000 on tuition, academic expenses, and living expenses over the course of the program.

International Business – CEMS Global Lab Expenses

CEMS students are required to participate in a Global Lab, which is an international consulting project. The cost of the Global Lab is included in the tuition for CEMS students. However, students are responsible for their own travel and living expenses while on the Global Lab.

Optional Pre or Post-Trip Personal Travel

CEMS students have the option to travel personally before or after their Global Lab. Students are responsible for the cost of any personal travel.

Click here for more information on tuition fees and related expenses.

Employment Prospects : MScM at IBS

97%

Employed within 3 months of graduation

CAD 100K

Avg. Salary

    Most Sought-after Jobs

Management Consultant

Marketing Manager

Sales Manager

Project Manager

International Trade Specialist

Market Researcher

Compliance Officer

Human Resources Manager

The MScM graduates from Ivey are in high demand, with 97% of those seeking employment receiving at least one job offer six months post-graduation. The average total compensation for MScM graduates is $78,153.

Ivey MScM graduates are well-prepared for a variety of careers in business. The program’s rigorous academics, experiential learning opportunities, and focus on leadership development give students the skills and knowledge they need to succeed in the global business world.

Popular career paths for Ivey MScM graduates include:

  • Consulting
  • Finance
  • Marketing
  • Operations
  • Product management
  • Sales

Ivey MScM graduates are also highly sought-after by employers in the technology and healthcare industries.

Eligibility Criteria : MScM at IBS

Requirements for All Streams

All streams of the MSc in Management share the following admission requirements:

  • An undergraduate degree completed within the past two years for International Business, CEMS, Digital Management and within four year for Business Analytics. You are able to apply to the MSc program during your last year of study.
  • A strong academic record demonstrated during your two most recent years of academic study
  • Online application, including the completion of the required written essay questions and video questions.
  • Unofficial transcripts from your post-secondary institution(s). One copy of official/certified transcripts will be required if you receive an admissions offer*
  • Resumé (two-page maximum)
  • Two references
  • Application fee of $150

*For Western (UWO) graduates, Ivey’s admissions office will contact Western directly to obtain transcripts so you are not required to order them.

English Language Proficiency

International applicants who did not complete post-secondary education at an English speaking institution will be required to demonstrate a strong level of English proficiency. This can be done through the successful completion of an English language proficiency test:

  • TOEFL (minimum internet-based score of 100)
  • IELTS General OR Academic (minimum total score of 7)
  • MELAB (minimum score of 85)
  • PTE (minimum score of 70)
  • CAEL (minimum overall score of 60 required with no part less than 60)
  • Duolingo (minimum 125)
  • PELMO (minimum 75)**

Click here for application requirements for specific streams within the MScM program.

Application Deadlines : MScM at IBS

The Ivey MSc in Management admissions committee processes applications on a rolling basis throughout the year. Please read and review the admissions process and online application instructions.

September 2024 intake

Business Analytics
Digital Management

Application RoundDeadlineDecision Date
Round 2October 30, 2023November 24, 2023
Round 3January 23, 2024March 5, 2024
Round 4*March 12, 2024April 19, 2024
Round 5May 14, 2024June 17, 2024
Round 6July 2, 2024August 6, 2024

Deadline: Date the application is due.

Decision Date: Applicants for that round deadline will receive a decision about their application on or before the date listed.

*International applicants must apply no later than our Round 4 deadline to ensure sufficient time to process the application and apply for any necessary VISAs.

January 2025 Intake Application Dates TBD

International Business

International Business with CEMS

Deadline: Date the application is due.

Decision Date: Applicants for that round deadline will receive a decision about their application on or before the date listed.

*International applicants must apply no later than our Round 4 deadline to ensure sufficient time to process the application and apply for any necessary VISAs.

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Scholarships Available : MScM at IBS

Scholarships are awarded to approximately 30% of the MSc cohort each year with an average value of $7,500 CAD. Award recipients will be notified along with their official MSc offer.

***Domestic and International students: If you want to be considered for financial need admission award, you MUST complete the entire scholarship application section, including the ESSAY answers and outline your financial resources.***

See International Student financing options. 

Richard Ivey MSc Excellence Awards 

Valued at up to $20,000, these awards are available to outstanding candidates pursuing the Ivey MSc in Management. All applicants are automatically considered for these awards. This evaluation is based on academic merit, leadership, past experience, international engagement and your score in our admissions interview.

Financial Need Awards 

Valued at up to $20,000, these awards are available to candidates who indicate a significant financial need in their online application. In order to be considered for these awards, students must complete the “Apply for Awards” section of the application. Only candidates who complete the scholarship section of the application will be considered for these awards.

Not all applicants who request a Financial Need Award will receive funding.

MSc Indigenous Entrance Scholarships

All Ivey MSc in Management applicants will be considered holistically. The MSc admissions process takes into account- academic performance, community contribution, career ambitions, personal motivation and leadership orientation.

Applicants who self-identify as Indigenous* Learners and who are admitted to the MSc will automatically be considered for one of five MSc Indigenous Entrance Scholarships valued at up to $10,000.

Rise Awards in Resilient Leadership for Indigenous Students (MSc)

Awarded annually to a full-time student entering any stream (Business Analytics, Digital Management, and International Business) of the MSc Program at the Ivey Business School. The award will be given to an equity- deserving student who self-identifies as an Indigenous* Learner and who demonstrates community leadership and academic achievement.

Preference will be given to students who demonstrate financial need.

Value: 1 at $5,000 (Business Analytics, Digital Management, OR International Business)

*Indigenous refers to the Original People of Turtle Island (North America) including First Nations, Metis and Inuit people of Canada as well as Native American, Native Alaskan, and Native Hawaiian people from the United States.

Click here to explore more scholarships.

Specializations & Electives Offered

Ivey Business School offers four streams in its Master of Science in Management (MScM) program:

  • Business Analytics
  • Digital Management
  • International Business
  • International Business + CEMS-MIM

Each stream is designed to give students the skills and knowledge they need to succeed in a specific area of management.

Business Analytics

The Business Analytics stream focuses on developing students’ data-driven business decision-making skills. Students learn how to use data to solve complex business problems and make better decisions. The stream also covers topics such as machine learning, artificial intelligence, and data visualization.

Digital Management

The Digital Management stream focuses on developing students’ digital skills. Students learn how to use technology to transform business models and processes. The stream also covers topics such as digital marketing, e-commerce, and social media.

International Business

The International Business stream focuses on developing students’ skills in managing international businesses. Students learn about the different challenges and opportunities of operating in a global environment. The stream also covers topics such as cross-cultural management, international trade, and global finance.

International Business + CEMS-MIM

The International Business + CEMS-MIM stream is a dual degree program that combines the Ivey MScM in International Business with the CEMS Master in International Management (MIM). 

The CEMS MIM is a one-year program that is offered by a consortium of leading business schools around the world. This dual degree program allows students to develop a deep understanding of international business and build a global network of contacts.

Students can choose the stream that best aligns with their interests and career goals. The MScM program is designed to be flexible, so students can also take courses from other streams if they wish.

FAQs About MScM at IBS

Applicants must have graduated within two years of the program start date to be considered eligible for admission to the International Business, CEMS or Digital Management Streams.

Applicants must have graduated within four years of the program start date to be considered eligible for admission to the Business Analytics stream.

Please feel free to proceed with submitting your application without a GMAT or GRE score. After your application is reviewed by the admissions committee we can determine whether you qualify for a GMAT or GRE exemption.

If you have already taken the GMAT, a competitive score of >600 will be ideal.

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