GMAT Club
August 06, 2023
emeari

Joined: May 07, 2020

Posts: 11

Kudos: 13

Self-reported Score:
690 Q47 V38

Post-MBA Placement

REVIEWER IDENTITY VERIFIED by membership [?]

This review is for Rotman

Program Full Time MBA

Class of 2023

Experience during the program

The Rotman MBA is indeed a transformational experience, especially if you're an international student. You will be surrounded by extremely diverse, competitive (in a good way) and talented people- to me, that was the value of this MBA.

The major downside is that nearly half the class was still seeking employment at convocation in June, though classes wrap up by late April. I am nearly 4 months into my full-time job search in August, and I have yet to land a competitive offer. I have had interviews and offers in target pivot roles in innovation, leadership development, and product delivery, but they have been few and far between. Additionally, budgeted compensation for these roles have been below my expectations. I have been offered salaries lower than what I was making prior to the MBA...which has been surprising, given the high 5 figure and 6 figure average salaries reported in Rotman's annual employment report.

Be warned that these salaries are skewed UPWARDS due to outliers in consulting, investment banking and law. Many students are being offered salaries in the $75k-$85k range post-MBA from chatting to classmates. If you are ok with this, then do join for the experience and the network. If you're ok with making less for a career/industry pivot, then do join. There are some who are landing the $200k+ jobs, but they are NOT the majority. Do not walk into the program expecting you will be the outlier- by definition, this is not the benchmark. If compensation is not a main reason for joining the MBA, then you should be fine.

Rotman is a fine place to develop your leadership skills, meet people from all around the world and learn about yourself. It will teach you grit, perseverance, and adaptability- all important skills for the world of work. The Career Centre is mainly there for emotional support- they are not typically able to directly get you a first-round interview. They can let you know about certain jobs, but it is rare that they can put you at the front of the line when it's you vs the rest of the market. However, they are nice people who can coach you on soft skills like how to reach out for a coffee chat, how to build your network and how to negotiate your first offer. Most of the game with job-hunting is mental anyway...

About job placement process

The banks definitely like to recruit from Rotman for finance and investment banking positions. The big consulting companies have also recruited from our cohort- in my year, for internships, around 6 people were recruited (the majority were diversity hires from atypical demographic and career backgrounds) by McKinsey, and a handful by Bain and BCG.


Overall BSchool experience (4.0)
Schools contribution (3.0)
Classmates rating (4.0)

Strengths of the program:

Student body, diversity
Location
Brand/Ranking

Best fit at this program:

Consulting
Finance
Investment Banking

Can be improved:

Alumni Network
Career opportunities provided by school


August 18, 2023
bb

Thank you so much for sharing and posting the review! Really appreciate it!

PS. About the high numbers that schools report, my guess they would not report people who are still looking for jobs (since you have no salary) so the statistics gets skewed towards the top 25-50% who had jobs at graduation that paid well.

Hope things pick up in September after everyone is back from summer and things will need to get done. I have a recommendation to put out there to consider - get laser focused on a position/job. So Instead of casting a wide net for many jobs and positions, what if you recruit for a small specialized job/field. Getting highly focused in your search has many benefits and I have seen people succeed as the result. I was more of a wide net applicant, applying for anything that was open 😇

Login to create/modify/remove your own comments