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Ameer Khatri MBA Consultant

Schulich MBA

July 8, 2023

636

Avg. GMAT

32

Avg. Age

5.5 Yrs.

Avg. Exp.

270

Class Size

24

Months Duration

Table of Contents

What is a good GMAT score for Schulich MBA?

Short Answer – The average GMAT score at Schulich is 690 for the last entering class. If you score above 636, 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 Schulich MBA?

Key Employers

The average salary at Schulich for the last graduating class was $ 97,725. 89% of the class was employed with 3 months of graduation with majority of class going into Finance (25%), Consulting (18%) and technology (15%) oriented functional roles. 

Throughout the MBA program, you will have access to the Centre for Career Design (CCD). As Schulich’s in-house team of certified Career Coaches and Industry Advisors, the CCD offers a wealth of innovative resources, individualized mentoring and coaching to help advance your career.

89%

Employed within 3 months of graduation

97,725

Avg. Salary

 

18%

Consulting

25% 

Finance

15%

Technology

42% 

others

 

$ 106,888

Tuition Fee

$ 34,800

Living Cost

141,688

Cost of Attendance

Tuition Fees & Scholarship at Schulich

The Tuition fees for Schulich MBA is $ 106,888 and an additional  $ 34,800 in living cost. 

Schulich students have access to a full range of scholarships and awards which recognize excellence through academic achievement and extracurricular involvement in the School and/or wider community. Through the generosity of alumni and friends, these scholarships and awards are among the highest value offered to business students in Canada and around the world.

Important Scholarships

Quick Overview & Rankings

NA

FT Rankings

98

QS Top MBA

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Deadlines

Schulich Application Essays

1. How will the Schulich MBA degree help you achieve your short and long-term career goals? (please limit your answer to 350 words)

2. Is there any other information or area of concern in your academic or personal history that you believe would be helpful to the Admissions Committee when considering your application? (please limit your answer to 350 words)

Schulich 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 Schulich

How do I apply?

The application starts by creating a profile in our online system. Once you submit your profile page, check your email to create a password for your application. It may take up to 15 minutes for the email to arrive. Save that email for reference, as it also contains the permanent link to the application portal. You will then be able to begin your application and upload your documents.

How much does it cost to apply?

The application fee is $150CAD payable online with any major credit card.  If you are a graduate of Schulich, that application fee can be waived prior to submission.  If you pay the application fee, unfortunately we cannot issue a refund.

If you have any questions, contact [email protected]

How do the applications rounds work?

We recommend that you apply to the earliest round possible for admission consideration. When you apply in a given round, your application will be assessed against other applicants to that round. If you are not eligible for admission to the round for which you applied, your application may be refused, or wait-listed and held for review in subsequent rounds.

Can I apply to more than one round or program?

Students may only submit a single application for a given entry point. Students are not permitted to apply in multiple rounds or to multiple programs.

Can I apply before I have written the GMAT/GRE/IELTS/TOEFL?

Yes. You can indicate the date of a future test on your application and submit it prior to writing. It is recommended that your scores are received within 4 weeks of the application deadline for the round to which you applied.

When will a decision be issued?

Applications will be reviewed following each round deadline. The usual turnaround time is 6-8 weeks* from the deadline.

International applicants are always encouraged to apply in the earliest round possible to allow for time to receive a decision and apply for a study permit. For current study permit processing times please click here.

*Due to the current high volume of applications received for our masters programs, please expect delays in our response time. There is no need to contact our admissions team. They will reach out in the event that additional information is needed. We appreciate your patience.

Do I need to send in official documents?

You can apply with unofficial documents that are scanned and uploaded to your application. Please ensure all information on scanned documents is clear and legible. Remember to include the grade scale for each institution; this information is often found on the back or at the end of the transcript.

If you are admitted, you will then be required to submit official copies of your transcripts, GMAT/GRE test scores and English proficiency test results (if applicable). Official transcripts and test results must be sent directly from the issuing institution to be considered official. Please refer to the transcript guidelines for details.

Official GMAT/GRE Score – Send the official digital copy using the following codes:

Master of Accounting (MAcc): GMAT code Z75-X8-38, GRE code 5697

Master of Finance (MF): GMAT code Z75-X8-02, GRE code 5697

Master of Real Estate and Infrastructure (MREI): GMAT code Z75-X8-77, GRE code 5697

Master of Business Administration (MBA) – Full-Time: GMAT code Z75-X8-30, GRE code 5697

Master of Business Administration (MBA) – Part-Time: GMAT code Z75-X8-23, GRE code 5697

PhD Program: GMAT code Z75-X8-80, GRE code 5697

Kellogg-Schulich EMBA Program: GMAT code Z75-X8-18, GRE code 5697

Official TOEFL Score – Send official digital copy using the following codes: TOEFL code is B710 with Department Code 02.

Which part of the application is most important?

We take a holistic approach during the application review process and all components of the application are thoroughly reviewed. There is no particular weight assigned to any of the components in the application.

Are late applications accepted?

We will accept applications after the final round deadline based on space availability in the program. If you are applying after the final deadline, please connect with a member of the admissions team to discuss next your steps.

What is the GMAT? Why is it required?

The Graduate Management Admissions Test (GMAT) is a standardized entrance exam, which consists of four main parts: the Quantitative section, the Verbal section, the Integrated Reasoning section, and the Analytical Writing Assessment.

The GMAT is a highly reliable predictor of student performance, as well as the most powerful tool available to graduate management admissions professionals for measuring the skills students need to succeed in today’s classroom.

How should I prepare for the test?

We do not recommend a specific test prep method. There are numerous online and off-line resources available for students to prepare for the test.

Where can I register to take the test?

You can register for the exam at mba.com. The cost of the exam is $250 USD.

What is minimum competitive score?

While we do not have a GMAT cut-off, in order to be considered for admission MBA candidates must have a minimum score of 550. A competitive score for the MBA programs based on our successful candidates is 660 with a balanced score (at least 50th percentile) across all four measures of the exam.

For our Masters degrees, competitive scores will vary by program. Below are the average GMAT scores of students who were admitted to the Fall 2017 intakes:

Master of Accounting – 640

Master of Business Analytics – GMAT is not required

Master of Finance – 640

Master of Real Estate and Infrastructure – 580 (GMAT is optional)

Master of Management – GMAT is not required

Master of Management in Artificial Intelligence – GMAT is not required

Master of Marketing – GMAT is not required

Master of Supply Chain Management – GMAT is not required

Master of Health Industry Administration – GMAT is not required

Can the GMAT be waived?

All applicants are required to complete the GMAT if they wish to be eligible for admission, regardless of their academic or professional profile. Please note that the GMAT is waived for CFA Level 1 holders and CPAs applying only to the Master of Finance (MF).

Master of Business Analytics (MBAN), Master of Management in Artificial Intelligence (MMAI), Master of Management (MMgt), Master of Marketing (MMKG), and Master of Supply Chain Management (MSCM) do not require GMAT for admission into the program.

Submission of a GMAT score is optional for the Master of Real Estate and Infrastructure (MREI). See Admission Requirements for full policy. 

Can the GRE be used for admission consideration instead of the GMAT?

Yes, the GRE is accepted for admission consideration to all of our graduate programs.

The GRE measures your verbal reasoning, quantitative reasoning, critical thinking and analytical writing skills through three sections. The GRE features questions that closely reflect the kind of thinking you will do and the skills you need to succeed in a business school program.

What is the minimum GRE score?

You should have a balanced score (at least 50th percentile) across all three measures of the exam. A competitive score should be equivalent to the GMAT scores stated above. To determine your GRE’s equivalent GMAT score please use this comparison tool.

I have written the GMAT or GRE multiple times. Will this affect my profile?

The admissions committee will consider the best total score obtained. An average of all tests is not taken.

How is the GPA calculated?

The admissions committee will calculate your GPA based on the last two years of credits obtained during the most recent degree that you completed. In the case of your most recent degree being a one-year masters degree, the GPA of the entire degree will be used.

A full year course will be given a value of 2 and a half year course will be given a value of 1. The last 20 half courses will be assessed. If 20th course falls in the middle of a term then the entire term will be used in the GPA calculation.

All courses in the last two years of study will be included in the calculation, regardless of year level or subject, with the exception of pass/fail courses. If you have repeated a course, the higher grade will be used.

What is a B average?

A B average is a 3.0 on a 4.0 scale or 74-76% depending on the grading scale on your university transcript. For international degrees this may vary. The grading scale provided on your university transcript will help to determine if you fall within this range.

What is a B+ average?

A B+ average is a 3.3 on a 4.0 scale or 77-79% depending on the grading scale on your university transcript. For international degrees this may vary. The grading scale provided on your university transcript will help to determine if you fall within this range.

My GPA is lower than the requirement. Should I apply?

This depends on the strengths in your profile and your program of interest. We recommend you connect with a member of the admissions team to discuss your case.

What is relevant work experience for the MBA?

Relevant work experience can be in any industry or in any function. The admissions committee is looking for progression and growth in your role throughout time with the organization. Please ensure that your resume highlights the impact that you have made in your work environment.

Does my co-op/internship count as work experience?

Co-ops or internships that were completed as a formal part of your degree, and are noted on your transcript, may be counted for up to 12-months of work experience.

What is life experience?

In special cases, the admissions committee may consider life experience to satisfy the work experience requirement. Examples include two years volunteering overseas or successful completion of a 2-year masters program.

If I have more than 2 years of work experience, can I apply to the Master of Management?

No. Students with 2 years or more of post-graduate, full-time work experience are not eligible for the MMgt. We would encourage you to apply to the MBA or IMBA to further your business education.

How much is tuition?

Please visit our Tuition page for more information.

Where can I find more information on scholarships and funding opportunities?

Please visit our Financial Aid page for more information on scholarships and applying for funding.

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