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McMaster DeGroote MBA

Table of Content

600

Avg. GMAT

27

Avg. Age

4 Yrs.

Avg. Exp.

67

Class Size

20 

Months Duration

What is a good GMAT score for McMaster MBA?

Short Answer – The average GMAT score at McMaster is 600 for the last entering class. If you score above 600, 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 McMaster MBA?

The average salary at McMaster for the last graduating class was $ 82,464. 95% of the class was employed with 3 months of graduation with majority of class going into consulting, Finance  and technology oriented functional roles. 

Working with the Career and Professional Development team, you will be provided the skills, tools and resources necessary so you can find success after graduating with your MBA from DeGroote. Working with a team dedicated exclusively to supporting our MBA student, we will help you explore and reach your potential. 

Key Employers

 

17%

Consulting

34% 

Finance

11%

Technology

38% 

others

 

95%

Employed within 3 months of graduation

82,464

Avg. Salary

Tuition Fees & Scholarship at McMaster

The Tuition fees for McMaster MBA is $ 111,300 and an additional  $ 20,000 in living cost. 

Please note that co-op students are required to pay the Co-op Program Fee of $5250. For convenience, this fee has been divided into three instalments of $1,750 and are applied to the student account when the student is on the work term. Students that choose to transfer out of the co-op program are required to pay the full Co-op Program Fee.

Important Scholarships

$ 111,300

Tuition Fee

20,000

Living Cost

131,300

Cost of Attendance

Quick Overview & Rankings

NA

FT Rankings

151-200

QS Top MBA

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FAQs about McMaster

Our international application deadline of March 31st remains unchanged.

We have a few seats remaining for exceptional domestic/PR candidates whose plans for fall 2020 may have changed.  These candidates will have until July 1st to apply. For more information, we invite you to talk to a recruiter or begin your application here.

Yes, we welcome your application! When we review an application we look holistically at the candidate’s full profile – education, work experience and community engagement.  We will proceed with conditional offers to applicants who have a strong profile, but are waiting to write a GMAT, TOEFL or IELTS (if required).

  • Review the MBA Resource Centre: Our team is working hard to curate a package for MBA students to review ahead of classes that includes resources to help set you up for success, especially for quants-based courses for students who do not have a business or math background. We will let you know once these resources have been uploaded to this onboarding website this summer. 
     
  • Register for the Quants/Math Workshop: This two-part workshop is running during August 2023. Students will be invited to RSVP for the virtual workshop in early July.

Once you’re registered, your tuition and ancillary fees will appear in your student account on Mosaic.

Program and tuition fees are due on September 25th. Late fees and interest accrue following the payment deadline.

Visit the Student Accounts Payment Methods page for payment instructions.

More information is also available on Mac’s Money Centre site.

More information about payment plans can be found on the Office of the Registrar payment plan page.

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