What is a good GMAT score for McGill University MBA?
Short Answer – The average GMAT score at McGill University is 675 for the last entering class. If you score above 675, 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 McGill University MBA?
The average salary at McGill University for the last graduating class was $ 102,466. 94% of the class was employed with 3 months of graduation with majority of class going into consulting (33%), Finance (27%) and technology (7%) oriented functional roles.
McGill also provides MBA Mentoring Program. The MBA Mentoring Program at the Desautels Faculty of Management at McGill University serves to build a strong and vibrant community of professionals engaged with the Faculty in furthering and supporting careers of its MBA graduates. With the support of Career Management, the program allows its students to engage in significant dialogue with mid-high level executives in an effort to lessen the gap between academic learning and favorable shift to the workplace.
Tuition Fees & Scholarship at McGill
The Tuition fees for McGill MBA is $ 99,500 and an additional $ 24,195 in living cost.
Financial aid is made available through a large number of substantial MBA-specific scholarships and awards. In addition, the Faculty’s exclusive partnership with Desjardins Financial Group allows future students who are Canadian citizens or permanent residents access to a line of credit up to $90,000 at the lowest financing rate in the country (prime).
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FAQs about McGill University
The full-time McGill MBA program is a one year or two-year program. You can choose between our 48-credit (12-month) and 54-credit (20-month) programs. The 54-credit takes 20, though many students accelerate it to finish in 16 months.
Yes, McGill does have a core curriculum, and one of the most unique core curriculums in the world. The first semester of the MBA program is referred to as the Core. The Core, consisting of five integrated modules and a final case competition, provides the organizational and environmental context for the rest of the program.
There are five areas of specializations that students can choose from – Global Strategy & Leadership, Marketing, Entrepreneurship, Finance, Business Analytics. Concentrations allow students to tailor their studies to their specific career goals and interests. A concentration is comprised of five courses (15 credits) selected from a chosen area.
Candidates applying must have an undergraduate degree from a recognized university. Additionally, all applicants must complete the GMAT or the GRE exam. For candidates whose mother tongue is not English and who have not completed their degree in an English speaking country, the TOEFL or IELTS is required. The minimum TOEFL iBT score is 100, with a minimum of 20 in each category. The minimum overall band for the IELTS is 7.0, with a minimum of 7.0 in each category. Additionally, all applicants must have a minimum of two years of work experience following their undergraduate degree.
Our MBA is flexible in many ways. Changing from one program length to another is possible, though there are deadlines and other considerations for those wishing to switch.
For international students, it is important to note that changes to the length and program of study may affect your post-graduation work permit.
Students completing the 12-month program will not be required to complete an internship and will be taking a full load of classes in all three terms (i.e. Fall, Winter and Summer). For international applicants interested in completing this option, their post-graduate work permit in Canada would be for a maximum of 1- year.
For the 16 or 20 month- internship option, students are required to complete an internship. The internship can be completed any time after the core. For international applicants interested in completing this option, their post-graduate work permit in Canada can be issued for a period of up to 3 years.
If a change to the initial program of acceptance is required, students will need to consult with the student advising team.