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RICHARD IVEY SCHOOL OF BUSINESS, LONDON, ONTARIO

London, OntarioLOCATION
SchoolSCHOOL TYPE
Estd 1922Established Year
  1600Enrollment
Western UniversityParent College

Richard Ivey School of Business: Rankings, Courses, Admissions, Tuition Fee, Cost of Attendance & Scholarships

Hitaishi Bhatia Hitaishi Bhatia
Study Abroad Expert

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.

Rankings

Richard Ivey School of Business is ranked as follows-

  • Number 1 MBA Program in Canada for six consecutive years and 6th finest MBA program situated outside the USA in 2017 by Bloomberg Businessweek.
  • Number 1 MBA Program in Canada and 87th best on a global scale by The Financial Times in 2020.
  • Number 1 MBA Program in Canada and 60th best globally by The Economist.
  • 1st rank in Canada for Education Executive Program in 2019 as surveyed by The Financial Times.

Highlights

Type of InstitutionPublic
Main CampusLondon, Ontario
CoursesHBA, MBA, MSc, and PhD, EMBA and Executive Education programs
Faculty109
Average Accommodation CostCAD 9,000
English language proficiency scoreTOEFL or equivalent
Financial AidAvailable as grants, awards and scholarships
Websitewww.ivey.uwo.ca/

Programs, Campus and Accommodation 

Campus

  • Richard Ivey School of Business’ campus is a cumulative formation of four different campuses- Richard Ivey Building, Spencer Leadership Centre, Donald K. Johnson Centre, and the Hong Kong Campus.
  • The main campus has around 15 classrooms of 78 seats and 5 classrooms of 50 seats, along with 112 faculty offices.
  • Along with a humongous auditorium with a capacity to hold 1,640 people, the campus also has 36 rooms for staff meetings and 9 rooms for conferences.
  • The huge campus spread in about 2,70,000 square foot area also houses 52 traditional breakout rooms, 8 Open Concept Work Areas and 7 lounges.

Housing facilities/Residence

Students are offered both on-campus and off-campus living options which are discussed in details as follows:

On-Campus

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.

TypeSingle-room costDouble-room cost
Traditional style8,460 CAD7,740 CAD
Hybrid style10,010 CAD9,220 CAD
Suite style10,400 CAD-

*Note: Meal plan is for 3,200 CAD for every type of accommodation.

Off-campus

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.

Courses

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.

Richard Ivey School of Business Application Process 

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.

Application RoundDeadline
Round 3July 13, 2020
Round 4September 21, 2020
Round 5November 9, 2020
Round 6January 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

  1. Official Transcripts on receiving an admission offer.
  2. Resume (Must demonstrate minimum two years’ work experience for MBA course.)
  3. 2-3 Letters of Recommendation.
  4. GMAT or GRE scores.
  5. Unofficial transcripts from all post-secondary institutions.
  6. English Proficiency Scores for International applicants (TOEFL- 100, IELTS- 7.0, MELAB- 85, PTE- 70, CAEL-60)
  7. Letter of intent

How to apply?

  • For all the courses, you have to apply online on the official website.
  • Create an account and assemble the documents mentioned above for each of the courses.
  • Upload/attach the required documents as listed above.
  • Submit your application and wait for the institution to review it.
  • For MBA, Accelerated MBA and MSc programs, interviews may be conducted.
  • For the MSc program, Richard Ivey has added an additional video question-answer component from 2018 onwards
  • Pay the mandatory application fee.

Richard Ivey School of Business: Cost of Attendance

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 ExpenditureCost (in CAD)
Tuition fee (MBA program)1,17,500 
Monthly expenses1,175
MBA Deposit5,000
Western Student Ancillary Fees250
Meals3,000
Personal 3,500

Scholarships/Financial Aid

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 MSc Excellence Awards- An award of up to 20,000 CAD is granted to those who excel in the MSc course and demonstrate exemplary academic and practical potential.
  • Financial Needs Award- Those students who fill the scholarship section of the application form, demonstrating need for scholarships is considered for this scholarship. The awarded scholarship is 20,000 CAD.
  • MPOWER Financing- Loans within this scheme range from 2,001 CAD-50,000 CAD. Students from around the globe can apply for loan under this scheme in order to finance their course.

Alumni Network

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-

  • Alumni receive digital badges that they can flash anywhere, demonstrating a specific skill that they have learnt from the respective program.
  • A 25% discount is awarded to alumnus for specific programs.
  • Alumni also receive a monthly e-letter providing information about research, events, etc.
  • The alumni network is also sent invitations for numerous important events.

Notable alumni include-

  • George Cope- Bell Canada (CEO and President)
  • Dave Nichol- Founder of President’s Choice
  • Ray Muzyka – BioWare (CEO)

Placements

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.

Find a Program
$ 83,8121st YEAR
FEES

1 YEAR

Course Duration

Nov 12

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670

15 MONTHS

Course Duration

Nov 12

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670
$ 51,1871st YEAR
FEES

16 MONTHS

Course Duration

Jan 16

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7
$ 62,4371st YEAR
FEES

1 YEAR

Course Duration

Jan 13

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670

4 YEARS

Course Duration

Nov 26

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7
$ 83,8121st YEAR
FEES

1 YEAR

Course Duration

Nov 12

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670

15 MONTHS

Course Duration

Nov 12

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670
$ 51,1871st YEAR
FEES

16 MONTHS

Course Duration

Jan 16

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7
$ 62,4371st YEAR
FEES

1 YEAR

Course Duration

Jan 13

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670

4 YEARS

Course Duration

Nov 26

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7
$ 83,8121st YEAR
FEES

1 YEAR

Course Duration

Nov 12

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670
$ 62,4371st YEAR
FEES

1 YEAR

Course Duration

Jan 13

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670

4 YEARS

Course Duration

Nov 26

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7

15 MONTHS

Course Duration

Nov 12

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670
$ 83,8121st YEAR
FEES

1 YEAR

Course Duration

Nov 12

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670

15 MONTHS

Course Duration

Nov 12

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670
$ 51,1871st YEAR
FEES

16 MONTHS

Course Duration

Jan 16

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7
$ 62,4371st YEAR
FEES

1 YEAR

Course Duration

Jan 13

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7  |  GMAT  670

4 YEARS

Course Duration

Nov 26

Application Deadline

 EXAM SCORES     TOEFL  100  |  IELTS  7
View All Courses

Richard Ivey School of Business Overview

Institution TypePublic
AffiliationWestern University
Student Population1600
Average Cost of Attendance$83,812 / Year

Admission & Dates

Round 4 Deadlines

September 23

Application Deadline

January 15

Application Results

Round 5 Deadlines

November 12

Application Deadline

February 01

Application Results

Read more about admission seasons and deadlines

Test Scores for International Applicants

ExamsAvg. ScoreMin. ScoreMax. Score% Submitted
Graduate
GMAT735670800 -
Language Proficiency
IELTS-79 -
PTE-7090 -
TOEFL-100120 -

Attendance Cost

$83,812

Attendance Cost

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

Tuition Fees
Post Graduate Program$83,812 / Year
RANKING
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

  • Financial Times logo

    Financial Times

    RANKED  #87

    Overall (International)

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    1255 Western Rd, ON N6G 0N1
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