Situated in London, Ontario, Richard Ivey School of Business established in 1922 is one of the oldest and premier business institutes in the country that stands at par with the Harvard Business School as the producer of maximum business cases in the world. It uses a unique case study method to facilitate the interaction between students and teachers, equipping the learners well for the practical world and is thus one of the renowned higher education institutes of Canada.
Affiliated with the University of Western Ontario, the institute is popular for its state-of-the-art curriculum and provides a top ranked MBA program as per Bloomberg Businessweek. This unparalleled program is a coveted choice among international aspirants seeking to study in Canada and thus has the most number of Asians as well as Indian alumni to its credit.
Admissions at Richard Ivey School of Business are available on a rolling basis throughout the year. Applicants must deposit a non refundable fee of 150 CAD for MBA enrollment which differs for its various programs.
It is one of the highly selective schools that observes an acceptance rate of merely 17%. Thus, factors like work experience, leadership skills play a major role along with the spectacular GPA and an impressive interview performance when seeking enrollment at the institute. The institute has an employment rate of over 95% which reflects great opportunities for its graduates who have a chance of landing some of the high-paying jobs in Canada.
Richard Ivey School of Business is ranked as follows-
|Type of Institution||Public|
|Main Campus||London, Ontario|
|Courses||HBA, MBA, MSc, and PhD, EMBA and Executive Education programs|
|Average Accommodation Cost||CAD 9,000|
|English language proficiency score||TOEFL or equivalent|
|Financial Aid||Available as grants, awards and scholarships|
Students are offered both on-campus and off-campus living options which are discussed in details as follows:
Residence at Western is the on-campus alternative for students choosing to live on the campus. It’s primarily available for first-year students, but some plans are also available for students from upper years. Additionally, first year students must keep in mind that the meal option is mandatory for them.
|Type||Single-room cost||Double-room cost|
|Traditional style||8,460 CAD||7,740 CAD|
|Hybrid style||10,010 CAD||9,220 CAD|
|Suite style||10,400 CAD||-|
*Note: Meal plan is for 3,200 CAD for every type of accommodation.
Off-campus lodging is easily available and can be checked through Western News, The Gazette, and Off-Campus Guide for International Students, etc. Residence amenities include study room availability, laundry facilities, room for workout and music practice, dining hall, lounge space, internet connectivity, and regular cleaning.
The institute provides an array of courses for international students including a diverse range of programs in Business, Finance, Management and Entrepreneurship areas. In an extensive research format, the institute offers multiple courses centered on Business education, such as MBA, HBA, Accelerated MBA, Executive MBA, Ph.D. in courses related to Business, Direct MBA, etc. The business programs offer excessive ground level experience.
MSc program in Management is another popular course taken up by international aspirants, designed primarily to strengthen the undergraduate learning even further. The most popular program at the school is the prestigious MBA. The basic MBA is a one year course aimed at building the basics using the case method.
Accelerated MBA caters to the working class with a prior degree in business. Those taking up this course can keep working while earning a degree. Executive MBA provides you with the ability to act as a leader and to also solve complex work problems.
One remarkable course offered by the institute is direct MBA. This course is reserved for those who have just received an HBA. They can take up an MBA course merely in 8 months without having to give GMAT.
Application Portal: Applying using the online application at the official website
Application Fee: 150 CAD for MBA, 100 CAD for MSc
Application deadlines: The institute observes rolling deadlines for admissions. Some of the upcoming deadlines for its various courses are as mentioned below.
|Round 3||July 13, 2020|
|Round 4||September 21, 2020|
|Round 5||November 9, 2020|
|Round 6||January 4, 2021|
Note that international applicants are encouraged to apply at the institute as early as possible but no later than Round 5 to ensure enough time for processing application and obtaining a visa.
Basic Admission Requirements
International candidates are always encouraged to plan their expenses in advance when applying for admissions at the institute. To aid the same for you, an estimated cost of living for international students to stay in Canada has been tabulated below.
|Type of Expenditure||Cost (in CAD)|
|Tuition fee (MBA program)||1,17,500|
|Western Student Ancillary Fees||250|
The institute provides aid in the form of awards and scholarships in Canada for international students. All the applicants are evaluated for merit-scholarship when they apply for admission. They must fill in the financial aid section available in the admission form.
International students are provided scholarships on various criteria, primarily academic excellence. Following are the popular scholarships and aids available for international applicants-
Richard Ivey School of Business has an alumni network of about 10,000 working professionals from diverse fields. Alumni from Ivey School are accredited with the following benefits-
Notable alumni include-
The school has an incredible placement rate with maximum students getting picked by top-notch firms for departments such as finance, accounting, technology, etc. More than 90% students received placement across various program categories. The most prominent sector where students get placed is finance.
Maximum pay scale is generally bagged by students from MBA programs. An average salary of 1,15,146 CAD is offered to MBA candidates, whereas an average of 73,152 CAD is offered to HBA students. About 16% Indians received placement from the 2019 MBA program.
|Average Cost of Attendance||$83,812 / Year|
The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate. Check Program wise Fees
|Post Graduate Program||$83,812 / Year|
*All distance are measured radially. Actual distance may vary