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Don't go to Ivey - read this first Options
Elusive
Posted: Tuesday, May 13, 2008 11:48:18 PM
Rank: Senior Student
Groups: Member

Joined: 4/20/2008
Posts: 107
Just throwing a question out there, plz don't bash me and answer without proof smile

I've heard from forums (studentawards, wallstreetoasis, and others) and some recruitment statistics that Ivey has fallen quite a bit from where it was 15 years ago, both in terms of selectivity and job placement. Queen's, on the other hand, seems to be fighting an upward battle. Whereas it was not as competitive as Ivey 10 years ago, It has definitely caught up (if not surpassed) Ivey in recent years. Is this true? I've also heard that Mcgill finance had slumped quite a bit as well.

On a side note, I know Schulich had a restructuring a few years ago, how did that influence it's position among the top business schools in canada?

I know that, ultimately, it's up to the individual to find his/her own path, but I'm throwing this generic question out there. From what I've seen, more people have been accepted to Ivey and not QC than vice versa. More ppl seem to be accepting Queen's as well. Comments?
chiubacca
Posted: Tuesday, May 13, 2008 11:53:01 PM
Rank: Frosh
Groups: Member

Joined: 5/13/2008
Posts: 2
Location: Toronto
You keep pointing out the fact that Ivey is using marketing and advertising to "trick" high school students...

Seeing as so many people seem to be convinced of their prestige (which I think they deservedly have) and even just AEO status is so heaviliy sought after...I would say they know how to run other people's bidnesss pretty well.

batman
futureisme
Posted: Wednesday, May 14, 2008 1:06:30 AM
Rank: Senior Student
Groups: Member

Joined: 3/6/2008
Posts: 193
I've heard from forums (studentawards, wallstreetoasis, and others) and some recruitment statistics that Ivey has fallen quite a bit from where it was 15 years ago, both in terms of selectivity and job placement. Queen's, on the other hand, seems to be fighting an upward battle. Whereas it was not as competitive as Ivey 10 years ago, It has definitely caught up (if not surpassed) Ivey in recent years. Is this true? I've also heard that Mcgill finance had slumped quite a bit as well.

Don't worry too much about what ppl on studentawards say, most of them are high school students. Don't worry too much about what ppl on WSO say, most of them are Americans and are about as knowledgeable as a Canadian commenting on an American school...they rely completely on hearsay.

On a side note, I know Schulich had a restructuring a few years ago, how did that influence it's position among the top business schools in canada?

Alot. After speaking with BBA/MBA graduates from Schulich over the past 30 years, mostly in finance, many of them said they were really unhappy with the recruitment the school received in the past (back in the 80s and 90s). But around the time (early 2000s) the school introduced the 90% cutoff, the ibba as well as the new building, the school's recruitment improved drastically.

Just to pull something out of my marketing class, cause I'm a tool like that, the introduction of the Schulich name basically helped with the York business programs brand positioning (so hows the consumer, you guys, perceive it). This increased the demand, which increased the cutoff, which increased the student body quality, which leads to better alumni which leads to greater recruitment.

I know that, ultimately, it's up to the individual to find his/her own path, but I'm throwing this generic question out there. From what I've seen, more people have been accepted to Ivey and not QC than vice versa. More ppl seem to be accepting Queen's as well. Comments?

It has to do with the risk associated with the AEO.

Schulich BBA
alys98
Posted: Wednesday, May 14, 2008 1:12:35 AM
Rank: Student Council
Groups: Member

Joined: 3/5/2008
Posts: 393
Location: Paris, Ontario
quadrant wrote:
There’s some people who are going to Ivey here, and yes, congratulations, however, I just wanted to share with you some of my thoughts before you make that final decision.

Last year, I got accepted into Ivey and Schulich. I also applied to queens, but didn’t get in. I chose Schulich over Ivey, and boy, did I make the right choice. Going to Ivey is a huge rip-off; you may not feel like it at first, but Ivey at the end of the day is a school for MBAs, not a school for undergrads.

Here's a few of my points about going to Ivey:

A) The degree you get from graduating from Ivey is a Honours Bachelor of Arts (HBA). Seriously, you’re paying like double to get an Arts degree on Honours Business Administration. If your parents can afford it, great, but in reality, if you are going to go abroad to anywhere outside North America, recruiters are going to see this and it’d be a huge waste of money. Ivey has done well to hide that in their marketing, but if you ask them straight up, they will eventually tell you that its an Arts Degree you're getting (with the University of Western Ontario printed on it).

B) Ivey is a 2 year program, not a 4 year program. Most of the stuff you learn in third year at Ivey you learn in first and second year in 4 year program like Schulich. By the time you start third year, an Schulich 3rd year (or Queen’s or wherever you go) is in a much better position than a Ivey third year.

C) A lot of people on this forum talks about jobs, co-op, internships, etc. Well, students who are in AEO in first and second year do not receive career support from Ivey like they do from Schulich. All those job postings, benefits, etc are all stuff you get in year 3 and 4, not in year 1 or 2.

D) If you decide to go on exchange, Ivey is definitely not a good choice for that. Again, it’s about what you pay for vs. what you get. If you go on exchange to Mexico or Europe or wherever, you are losing half a year of Ivey which is 25% of the program. Why would you do that? At Schulich if you go on exchange you only lose 12.5% of the program.

E) Ivey says that they have electives and they have diverse classes, etc because you are in another program in year 1 and 2. In reality, you’d be taking arts or social science courses like every other “regular dude” in class sizes of 400 to 500, or even bigger, in year 1 or 2. Most people who go to Ivey start with BMOS, and the entering average of BMOS is not high at all – how would you find year 1 and 2 challenging when you’re in a class full of regular non-achieving students? Again, I’d rather be paying my money to go straight into a business program that has 300 or whatever (less if you’re in iBBA) students in the ENTIRE program. Just look at how many offers they are making to try get lots of people to get in - and they are even increasing their program size to 500 students?

F) Lastly, Ivey has no huge advantage these days anymore. Maybe 10 years ago they do, but lets get serious here. Everyone has case-based courses, everyone does cases, every school has a great career centre (especially at Schulich and Queen’s), and the top schools like Schulich and Queen’s are highly selective in admissions. We at Schulich also have smaller classes than Ivey’s class sizes of 75, and that’s just in third year. Classes get even smaller when you go up. Just look at the Ivey website… just look at it – it disgusts me that they use simple marketing campaigns to make their program look complex while it’s offered everywhere else. “Ivey Select (TM)”, “Ivey Immersion (TM)”, “Ivey Environment (TM)”, “Ivey Career View (TM)”. It’s a huge marketing scam and really they’re just trying to make you think you’re making a good investment while in the meantime they are getting your money to fund their MBA or executive programs.

You may disagree with some of my points, and that’s totally fine. But I just want to let you know that last year I was in the same position of many of you guys: Ivey vs. Schulich (or maybe for some other people its ivey vs queens or ivey vs. mcgill or ivey vs. laurier), and I almost chose Ivey – and I’m glad I didn’t. If I chose Ivey I would’ve been sitting without a proper job for the summer right now. I would not have been able to meet some really great people in my classes – hell I might still be drifting off in geography or psychology or some other useless subject. And I also think there’s a reason why people on the forums who chose to go to Ivey don’t post here… I think it’s because they feel ripped off and are little too embarrassed to come back. Schulich, Queen’s, McGill, Laurier are great schools and you need to really consider all your cards that is available to you.

Think before you make your decisions… think… think… think… it’s a huge decision and I know a few of my friends at UWO who was on the Ivey track are already kind of not happy about their decision. Don’t regret your choice.



Are you sure you weren't recruited by Schulich during the summer to do their marketing and advertising?

Success is not the key to happiness, happiness is the key to success. If you love what you do in life, you will be a success!!
sicklyfe
Posted: Wednesday, May 14, 2008 2:09:46 AM
Rank: Senior Student
Groups: Member

Joined: 3/31/2008
Posts: 64
Location: van
AllisonG wrote:
Aw people, lets not bash Quadrant, he was just trying to inform us, which he did (for me anyways) and shouldn't we thank him for letting us think differently instead of just worhiping ivey, queens or whatever school?
*edit* just so everyone knows, i am currently 99% sure on ivey
He definately didnt seem to say schulich was good, just pointed out and made us think of Ivey was worth 50000 (isnt it more..?) dollars.

Quadrant, I would like to thank you for this post and would like to ask if you are really satisfied at Schulich.
Im not asking you to say Schulich is better than Ivey and I know thats not what you will get at, but how do you feel that schulich is worth its money, and what do you like/not like about schulich? since you go there, maybe give us some insight?

I got into the BBA program, love the tuition cost and love the $8000 scholarship and dont mind living in the crappier side of toronto
but its the school spirit/social scene that i am most concerned about. I wish schulich was at wester or queens.

And about ivey people not getting career services in year 1 and 2, isnt that same almsot all around?
i mean, how many kids at queens/schulich have interships in year 1 and 2? not too many.


Are you kidding me? This guy is TELLING you what to do. He is definitely not informing.
"Don't go to Ivey" - That sounds like more of an order than trying to inform us.
and you are still backing this guy up? We are not bashing him, he is making absurd and invalid points and bashing Ivey. We are just saying he is absolutely wrong, which is a fact.


eddiehosa
Posted: Wednesday, May 14, 2008 2:39:12 AM
Rank: Senior Student
Groups: Member

Joined: 3/21/2008
Posts: 177
Location: Kingston, ON
AllisonG wrote:

i mean, how many kids at queens/schulich have interships in year 1 and 2? not too many.


While not many get internships in year 1, you do have a larger number getting internships in year 2. As an example, some of the first year commerce students I know are working at BMO in downtown Toronto, at Bloomberg in Japan, and at the CRA. These were first year students who I was don of on the Commerce Floor - and went through regular campus recruiting methods (not friends/networking). However, opportunities are much greater in 2nd year, and pretty much guarunteed in 3rd year. Now, I dont know what the scheme for AEOs are, but at Queen's you do get resume support, mock interviews, and assistance from the BCC starting in year one.

Commerce '08, Queen's School of Business
Email: eddie.ho@business.queensu.ca Search for the Queen's Commerce 2012 group on facebook!
eddiehosa
Posted: Wednesday, May 14, 2008 2:45:46 AM
Rank: Senior Student
Groups: Member

Joined: 3/21/2008
Posts: 177
Location: Kingston, ON
Elusive wrote:

I've heard from forums (studentawards, wallstreetoasis, and others) and some recruitment statistics that Ivey has fallen quite a bit from where it was 15 years ago, both in terms of selectivity and job placement. Queen's, on the other hand, seems to be fighting an upward battle. Whereas it was not as competitive as Ivey 10 years ago, It has definitely caught up (if not surpassed) Ivey in recent years. Is this true? I've also heard that Mcgill finance had slumped quite a bit as well.


I'd say that overall the recruiting scheme at Queen's is definitely steady and in some areas growing. With the downturn in the recent economy, recruiting scenes in banking are definitely not exploding - this is the same at all schools that produces prospective bankers, including Ivey. Recruiting is highly correlated with how well the economy is doing and thus you will see flunctuations here and there, but the opportunities at Queens is definitely comparable with Ivey's if not better.

Also, the new director of the Queen's Commerce program, Shannon Goodspeed, who just started her role, is aiming to make Queen's a "Wharton"-like school (or perhaps beyond) - so you will definitely see innovative changes in the next couple of years. I've chattered with her numerous times, and there are some good things coming. Shannon Goodspeed is the former director of the MBA program at Queen's where she turned the program and had it score #1 rankings in BusinessWeek. As an incoming alum I think there will be a lot of good things that will happen to the program and with a lot of campus development going on, it is definitely exciting times.

Commerce '08, Queen's School of Business
Email: eddie.ho@business.queensu.ca Search for the Queen's Commerce 2012 group on facebook!
Riverpeth
Posted: Thursday, May 15, 2008 9:50:07 PM
Rank: Senior Student
Groups: Member

Joined: 4/29/2008
Posts: 78
Location: Ontario
WOW, Schulich is #1!!!!, SO WHAT!, all the schools are rated #1 as long as u know where to look

http://www.ivey.uwo.ca/about/rankings.htm

showing that they were rated #1 in some magazine does not prove the value and worth of a school

Western BioMed + Ivey AEO!
webber3322
Posted: Saturday, May 17, 2008 10:44:37 PM
Rank: Frosh
Groups: Member

Joined: 4/12/2008
Posts: 39
Why is everyone complaining about Ivey's price?
30k with residence - 8k bursaries - 12k OSAP - 5k tax returns (determined by OSAP) = 5k total cost,
fine, i have to return 7k loan to OSAP, but thats without interest and doesn't seem so bad.
Am I missing something?, if i miscalculated, please tell me because then I am screwed for third year...

Also, I dont mind the marketing scam, as long as employers fall for it, its all fine by me.
Atleast I hope the placement report is not a scam, if it is then it would be really unfair.
But assuming placement reports are not scams, Ivey's is much more appealing than Schulich's 50% accounting placements.

The only thing that is holding me back is that there are no placements after year 1 and 2, but i hope career center will find somethin...

Also, what's wrong with spending the first 2 years in the regular program? Easier standards means that you get to party, relax, no pressure, and u end up with an awesome degree after 4 years...
FatMan
Posted: Sunday, May 18, 2008 12:47:54 AM
Rank: Senior Student
Groups: Member

Joined: 4/17/2008
Posts: 105
webber3322 wrote:


Also, what's wrong with spending the first 2 years in the regular program? Easier standards means that you get to party, relax, no pressure, and u end up with a kick ass degree after 4 years...


my sentiments exactly, plus, a high overall gpa when you apply for your mba a couple of yearrs after graduation (they take into account that, with your GMAT, work history, amoung other things)
easter
Posted: Sunday, May 18, 2008 11:56:44 AM
Rank: Senior Student
Groups: Member

Joined: 3/26/2008
Posts: 95
Location: Toronto
webber3322 wrote:

Also, what's wrong with spending the first 2 years in the regular program? Easier standards means that you get to party, relax, no pressure, and u end up with a kick ass degree after 4 years...



i wouldnt want to waste my parent's $50,000 on 2 yrs of an easy program in y1 and y2.... it just doenst make sense....

u wernt sent to university to party - u were sent to university to enter the real world

if u do more research and actually talk to real students in business schools the stuff they do isnt much different (schulich, ivey, queens)... so why pay double?
come to schulich razz

Schulich '12 (turned down ivey)
dixm655
Posted: Sunday, May 18, 2008 1:25:58 PM

Rank: Senior Student
Groups: Member

Joined: 3/4/2008
Posts: 129
Location: Ontario, Canada
easter wrote:
webber3322 wrote:

Also, what's wrong with spending the first 2 years in the regular program? Easier standards means that you get to party, relax, no pressure, and u end up with a kick ass degree after 4 years...



i wouldnt want to waste my parent's $50,000 on 2 yrs of an easy program in y1 and y2.... it just doenst make sense....

u wernt sent to university to party - u were sent to university to enter the real world

if u do more research and actually talk to real students in business schools the stuff they do isnt much different (schulich, ivey, queens)... so why pay double?
come to schulich razz


Yeah, I'd agree that most business schools teach the same thing from the same textbook. Ivey is case-based though, that's one thing you have to remember. Another reason why you're paying more to go to Ivey is for their larger alumni base, their large career management team, the prestige of the program, career options after graduation, etc.

There is also another flaw in your reasoning why people shouldn't choose Ivey. It's basically like saying why not take Psychology at the University of Texas (or whatever) instead of taking Psychology at Harvard, when you'll be paying MUCH less at Texas. For some people, it's the name and prestige of the program that makes them choose it over others. By no means am I saying Ivey is Harvard, but you can put it as something else like why go to Queen's Commerce when you can just go to Brock for the exact same education?

See where I'm getting at? There are a lot more factors into making a university decision than just looking at what you learn inside the classroom, there are also a lot of external factors (such as prestige or alumni, or where you could see yourself for 4 years) that are equal to or even more important than what you actually learn inside any classroom.

Richard Ivey HBA 2012
Elusive
Posted: Sunday, May 18, 2008 1:45:26 PM
Rank: Senior Student
Groups: Member

Joined: 4/20/2008
Posts: 107
dixm655 wrote:
It's basically like saying why not take Psychology at the University of Texas (or whatever) instead of taking Psychology at Harvard, when you'll be paying MUCH less at Texas.

University of Texas at Austin is a pretty good school, lol.
Stringer
Posted: Sunday, May 18, 2008 1:50:52 PM

Rank: Student Body President
Groups: Member

Joined: 3/5/2008
Posts: 1,660
Location: Wilfrid Laurier University
dixm655 wrote:
Yeah, I'd agree that most business schools teach the same thing from the same textbook. Ivey is case-based though, that's one thing you have to remember. Another reason why you're paying more to go to Ivey is for their larger alumni base, their large career management team, the prestige of the program, career options after graduation, etc.


Every major business school in Canada teaches using the case-method.

-Stringer
easter
Posted: Sunday, May 18, 2008 1:51:44 PM
Rank: Senior Student
Groups: Member

Joined: 3/26/2008
Posts: 95
Location: Toronto
dixm655 wrote:

Yeah, I'd agree that most business schools teach the same thing from the same textbook. Ivey is case-based though, that's one thing you have to remember. Another reason why you're paying more to go to Ivey is for their larger alumni base, their large career management team, the prestige of the program, career options after graduation, etc.


the problem is u'd likely be taking psychology and all other courses with students who got into western with 70s or low 80s avgs in yr 1 and 2...... to me thats kinda yuk. BMOS is kinda like York's atkinson or some unknown college program - the name BMOS isnt even internationally recognized - and its funny u talk about brock cuz the first 2 yrs at western is like going to brock... which i honestly do not want. honestly, id rather be in a class that has been selected with the brightest minds in day 1, and that is my preference. id rather be in the small classes with U style shaped seating and comfortable environment along with my peers and friends who have earned their way in

and plus the whole management career team etc is only 3rd yr and 4th yr.... at schulich it's throughout yr1 to 4.

Schulich '12 (turned down ivey)
dixm655
Posted: Sunday, May 18, 2008 1:54:45 PM

Rank: Senior Student
Groups: Member

Joined: 3/4/2008
Posts: 129
Location: Ontario, Canada
Elusive wrote:
dixm655 wrote:
It's basically like saying why not take Psychology at the University of Texas (or whatever) instead of taking Psychology at Harvard, when you'll be paying MUCH less at Texas.

University of Texas at Austin is a pretty good school, lol.


That wasn't really the point; I was just trying to compare an Ivy to a non-Ivy. If it helps, replace that with University of Delaware.

And Easter, that's great. The whole thing is picking the school that suits you the best, and if that's Schulich, than that is great because Schulich is a really good program. That was sort of the point of my post (last part of the post).

Richard Ivey HBA 2012
easter
Posted: Sunday, May 18, 2008 2:00:32 PM
Rank: Senior Student
Groups: Member

Joined: 3/26/2008
Posts: 95
Location: Toronto
dixm655 wrote:
Elusive wrote:
dixm655 wrote:
It's basically like saying why not take Psychology at the University of Texas (or whatever) instead of taking Psychology at Harvard, when you'll be paying MUCH less at Texas.

University of Texas at Austin is a pretty good school, lol.


That wasn't really the point; I was just trying to compare an Ivy to a non-Ivy. If it helps, replace that with University of Delaware.

And Easter, that's great. The whole thing is picking the school that suits you the best, and if that's Schulich, than that is great because Schulich is a really good program. That was sort of the point of my post (last part of the post).


So dixm, r u doing some other program in ur first 2 yrs? Or are u in BMOS

Schulich '12 (turned down ivey)
webber3322
Posted: Sunday, May 18, 2008 2:09:24 PM
Rank: Frosh
Groups: Member

Joined: 4/12/2008
Posts: 39
First of all, can someone double check if this makes sense:

30k ivey with residence - 8k bursaries - 12k OSAP - 5k tax returns (determined by OSAP) = 5k total cost

thanks,

Also, i'd rather have a top rank and easier work load in a class with average (70s or 80s highschool avg) students than an average/low rank while working my butt off with a class of bright students.
easter
Posted: Sunday, May 18, 2008 2:22:15 PM
Rank: Senior Student
Groups: Member

Joined: 3/26/2008
Posts: 95
Location: Toronto
webber3322 wrote:
First of all, can someone double check if this makes sense:

30k ivey with residence - 8k bursaries - 12k OSAP - 5k tax returns (determined by OSAP) = 5k total cost

thanks,

Also, i'd rather have a top rank and easier work load in a class with average (70s or 80s highschool avg) students than an average/low rank while working my ass off with a class of bright students.


no i think i have a problem with ur calculation...its a little low.

http://www.registrar.uwo.ca/FinancialServices/2007_2008FeeScheduleUGRDFT.pdf

first 2 yrs at western are roughly $5400 each, plus ivey which is roughly $19,800 in yr 3 and 4. Total would come to around $50,500 and this is for tuition only
ON top of that u have residences, meals, food, textbooks, cases, etc.

You'd prolly need $80k in total.

Remember too OSAP isnt always necessarily garunteed every yr.

Schulich '12 (turned down ivey)
Riverpeth
Posted: Sunday, May 18, 2008 2:22:22 PM
Rank: Senior Student
Groups: Member

Joined: 4/29/2008
Posts: 78
Location: Ontario
easter wrote:
dixm655 wrote:

Yeah, I'd agree that most business schools teach the same thing from the same textbook. Ivey is case-based though, that's one thing you have to remember. Another reason why you're paying more to go to Ivey is for their larger alumni base, their large career management team, the prestige of the program, career options after graduation, etc.


the problem is u'd likely be taking psychology and all other courses with students who got into western with 70s or low 80s avgs in yr 1 and 2...... to me thats kinda yuk. BMOS is kinda like York's atkinson or some unknown college program - the name BMOS isnt even internationally recognized - and its funny u talk about brock cuz the first 2 yrs at western is like going to brock... which i honestly do not want. honestly, id rather be in a class that has been selected with the brightest minds in day 1, and that is my preference. id rather be in the small classes with U style shaped seating and comfortable environment along with my peers and friends who have earned their way in

and plus the whole management career team etc is only 3rd yr and 4th yr.... at schulich it's throughout yr1 to 4.


how does starting year 1 put u in a program with all the "brightest minds". Do you know how inconsitant High Scool marks are? A person getting a 96 avg could go to another high school and may only be able to manage a high 80. Like I go to a catholic school, and whenver I talk t someone who transferred their from a public school, they always say how much harder the catholic school is, and how their marks have dropped. I think making everyone have to do 2 years b4 hand would weed out anyone who really shouldnt be in Ivey.

Western BioMed + Ivey AEO!


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