McMaster University MBA: Fees, Requirements, Ranking, Salary, and More

The McMaster University MBA is a full-time, 20-month program offered by DeGroote School of Business. The program costs CAD 111,300 per year for international students and has an acceptance rate of 63-65%. Ranking within the band #151-200 globally (QS MBA Rankings 2024), McMaster’s MBA program is designed for students ready to bring change to the world of business. They can choose from different program options (Co-op, Accelerated, Blended, Executive) to fit their learning schedules, requiring an Honours Bachelor’s degree with a GPA of 8.0 out of 12 and a work experience of 1-7 years to apply. Read this blog further for more details about the program.

Program Options	Full-time, Co-op, Accelerated, Blended Learning, and Executive
Offered by	DeGroote School of Business
Acceptance Rate	63-65%
Global Ranking	#151-200
Tuition Fee (international students)	CAD 111,300 per year
Entry Requirements	An Honours Bachelor’s degree from a recognized university with a GPA of at least 8.0 out of 12, 1-7 years of work experience, GMAT/GRE/MCAT scores, proof of English proficiency (IELTS, TOEFL)
Graduate Salary	CAD 113,274 per year

McMaster University MBA: An Overview

The McMaster University MBA program, offered by the DeGroote School of Business, is a highly respected program with several options for students. It equips graduates with a strong foundation in business, leadership, and critical thinking skills, opening doors to a wide range of career opportunities.

Full-Time MBA

This is a 20-month program designed for students with 1-7 years of work experience. It offers a strong foundation in business disciplines and the opportunity to specialize in one of seven areas.

Duration	20 months
Tuition Fee (international students)	CAD 111,300 per year
Start Date	September 2024

Full-Time MBA with Co-op

This is a unique program in Canada that integrates classroom learning with paid work terms (up to 12 months). Ideal for recent graduates, it allows you to gain valuable experience while launching your career. This program is 28 months long.

Duration	28 months
Tuition Fee (international students)	CAD 118,300 per year
Start Date	September 2024

Accelerated MBA

This 8-month program is designed for business graduates (with a minimum of 2 years of work experience) who want to fast-track their careers.

Duration	8 months (full-time), 20 months (part-time)
Tuition Fee (international students)	CAD 22,600 per year
Start Date	September 2024

Blended Part-Time MBA

This is the newest offering and caters to working professionals. It combines online learning with in-person classes.

Duration	36 months
Tuition Fee (international students)	Available on query
Start Date	September 2024

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McMaster University MBA: Ranking

As of 2024, the McMaster University MBA program ranks within the band #151-200 globally and at #10 in Canada according to QS Full-time MBA Rankings. The Executive MBA at McMaster also secured a place at #141-150 worldwide in 2023. 

McMaster University MBA: Acceptance Rate

The acceptance rate of the McMaster University MBA program is around 63-65%, indicating its moderately selective nature. However, the program is competitive, and a strong application with a high GPA, relevant work experience, and a competitive GMAT score will improve your chances of admission.

McMaster University MBA: Entry Requirements

Here are the entry requirements for McMaster University’s full-time MBA program for international students:

• Completion of an Honours Bachelor’s degree from a recognized university.
• A B average or higher is recommended (equivalent to a McMaster 8.0 GPA out of 12).
• A minimum of 1-7 years of full-time continuous professional, managerial or technical work experience.
• Standardized test scores: GMAT, GRE or MCAT
• English Language Proficiency: IELTS, TOEFL iBT
• 2 letters of reference (one academic and one professional are recommended)
• Online Kira interview
• Application fee

Application Process

The application process for the full-time McMaster University MBA program for international students is as follows:

1. Apply through the McMaster University application portal.
2. Prepare all the necessary documents to go along with your application.
3. Complete the application form and submit it well before the deadline.
4. Complete the Kira Talent online interview (You’ll be given questions to answer on video).
5. Attend a program information session to learn more about the program and application process.
6. Connect with admissions staff and current students to get insights.

Documents Required

• Official transcripts
• Resume
• GMAT score report
• English language proficiency test score
• 2 letters of recommendation
• Essay/ Personal Statement

Also Read: MBA in Oxford University: Fees, Requirements, Application Process

Career Scope

According to the program website, a whopping 95% of full-time McMaster University MBA graduates seeking employment secured jobs within 3 months of graduation. The average base salary for the graduating class of 2022 was CAD 113,274. Graduates land jobs across numerous industries, with the top sectors being Financial Services, Consulting, Technology, Healthcare, and Consumer Packaged Goods.

Here’s a table outlining some popular job profiles and their average salaries for McMaster University MBA graduates (based on 2022 data):

Job Title	Average Salary (CAD)
Management Consultant	CAD 120,497 per year
Technology Specialist	CAD 130,723 per year
Financial Analyst	CAD 113,883 per year

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FAQs 

We hope this blog gave you a complete overview of the McMaster University MBA program. Stay tuned to Leverage Edu for daily updates on study-abroad universities like this.