{"id":52378,"date":"2024-06-18T10:17:37","date_gmt":"2024-06-18T04:47:37","guid":{"rendered":"https:\/\/leverageedu.com\/learn\/?p=52378"},"modified":"2024-06-18T10:17:37","modified_gmt":"2024-06-18T04:47:37","slug":"mcmaster-university-mba","status":"publish","type":"post","link":"https:\/\/leverageedu.com\/learn\/mcmaster-university-mba\/","title":{"rendered":"McMaster University MBA: Fees, Requirements, Ranking, Salary, and More"},"content":{"rendered":"\n<p>The <a href=\"https:\/\/leverageedu.com\/universities\/mcmaster-university-hamilton\/\"><strong>McMaster University<\/strong><\/a> MBA is a full-time, 20-month program offered by DeGroote School of Business. The program costs <strong>CAD 111,300 per year<\/strong> for international students and has an acceptance rate of <strong>63-65%. <\/strong>Ranking within the band <strong>#151-200 <\/strong>globally (QS MBA Rankings 2024), McMaster\u2019s 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&#8217;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.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Program Options<\/strong><\/td><td>Full-time, Co-op, Accelerated, Blended Learning, and Executive<\/td><\/tr><tr><td><strong>Offered by&nbsp;<\/strong><\/td><td>DeGroote School of Business<\/td><\/tr><tr><td><strong>Acceptance Rate&nbsp;<\/strong><\/td><td>63-65%<\/td><\/tr><tr><td><strong>Global Ranking<\/strong><\/td><td>#151-200<\/td><\/tr><tr><td><strong>Tuition Fee (international students)<\/strong><\/td><td>CAD 111,300 per year<\/td><\/tr><tr><td><strong>Entry Requirements<\/strong><\/td><td>An Honours Bachelor&#8217;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)<\/td><\/tr><tr><td><strong>Graduate Salary<\/strong><\/td><td>CAD 113,274 per year<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mcmaster-university-mba-an-overview\"><span id=\"mcmaster-university-mba-an-overview\">McMaster University MBA: An Overview<\/span><\/h2>\n\n\n\n<p>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.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-full-time-mba\"><span id=\"full-time-mba\">Full-Time MBA<\/span><\/h3>\n\n\n\n<p>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.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Duration<\/strong><\/td><td>20 months<\/td><\/tr><tr><td><strong>Tuition Fee (international students)<\/strong><\/td><td>CAD 111,300 per year<\/td><\/tr><tr><td><strong>Start Date<\/strong><\/td><td>September 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-full-time-mba-with-co-op\"><span id=\"full-time-mba-with-co-op\">Full-Time MBA with Co-op<\/span><\/h3>\n\n\n\n<p>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.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Duration<\/strong><\/td><td>28 months<\/td><\/tr><tr><td><strong>Tuition Fee (international students)<\/strong><\/td><td>CAD 118,300 per year<\/td><\/tr><tr><td><strong>Start Date<\/strong><\/td><td>September 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-accelerated-mba\"><span id=\"accelerated-mba\">Accelerated MBA<\/span><\/h3>\n\n\n\n<p>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.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Duration<\/strong><\/td><td>8 months (full-time), 20 months (part-time)<\/td><\/tr><tr><td><strong>Tuition Fee (international students)<\/strong><\/td><td>CAD 22,600 per year<\/td><\/tr><tr><td><strong>Start Date<\/strong><\/td><td>September 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-blended-part-time-mba\"><span id=\"blended-part-time-mba\">Blended Part-Time MBA<\/span><\/h3>\n\n\n\n<p>This is the newest offering and caters to working professionals. It combines online learning with in-person classes.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Duration<\/strong><\/td><td>36 months<\/td><\/tr><tr><td><strong>Tuition Fee (international students)<\/strong><\/td><td>Available on query<\/td><\/tr><tr><td><strong>Start Date<\/strong><\/td><td>September 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: <\/strong><strong>Audencia Business School Acceptance Rate: Application Process, Selection Criteria and More<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mcmaster-university-mba-ranking\"><span id=\"mcmaster-university-mba-ranking\">McMaster University MBA: Ranking<\/span><\/h2>\n\n\n\n<p>As of 2024, the McMaster University MBA program ranks within the band <strong>#151-200 <\/strong>globally and at <strong>#10<\/strong> in Canada according to QS Full-time MBA Rankings. The Executive MBA at McMaster also secured a place at <strong>#141-150 <\/strong>worldwide in 2023.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mcmaster-university-mba-acceptance-rate\"><span id=\"mcmaster-university-mba-acceptance-rate\">McMaster University MBA: Acceptance Rate<\/span><\/h2>\n\n\n\n<p>The acceptance rate of the McMaster University MBA program is around <strong>63-65%, <\/strong>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mcmaster-university-mba-entry-requirements\"><span id=\"mcmaster-university-mba-entry-requirements\">McMaster University MBA: Entry Requirements<\/span><\/h2>\n\n\n\n<p>Here are the entry requirements for McMaster University&#8217;s full-time MBA program for international students:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Completion of an Honours Bachelor&#8217;s degree from a recognized university.<\/li>\n\n\n\n<li>A B average or higher is recommended (equivalent to a McMaster 8.0 GPA out of 12).<\/li>\n\n\n\n<li>A minimum of 1-7 years of full-time continuous professional, managerial or technical work experience.<\/li>\n\n\n\n<li><strong>Standardized test scores: <\/strong>GMAT, GRE or MCAT<\/li>\n\n\n\n<li><strong>English Language Proficiency: <\/strong>IELTS, TOEFL iBT<\/li>\n\n\n\n<li>2 letters of reference (one academic and one professional are recommended)<\/li>\n\n\n\n<li>Online Kira interview<\/li>\n\n\n\n<li>Application fee<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-application-process\"><span id=\"application-process\">Application Process<\/span><\/h2>\n\n\n\n<p>The application process for the full-time McMaster University MBA program for international students is as follows:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Apply through the McMaster University application portal.<\/li>\n\n\n\n<li>Prepare all the necessary documents to go along with your application.<\/li>\n\n\n\n<li>Complete the application form and submit it well before the deadline.<\/li>\n\n\n\n<li>Complete the Kira Talent online interview (You&#8217;ll be given questions to answer on video).<\/li>\n\n\n\n<li>Attend a program information session to learn more about the program and application process.<\/li>\n\n\n\n<li>Connect with admissions staff and current students to get insights.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-documents-required\"><span id=\"documents-required\">Documents Required<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Official transcripts<\/li>\n\n\n\n<li>Resume<\/li>\n\n\n\n<li>GMAT score report<\/li>\n\n\n\n<li>English language proficiency test score<\/li>\n\n\n\n<li>2 letters of recommendation<\/li>\n\n\n\n<li>Essay\/ Personal Statement<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: <\/strong><strong>MBA in Oxford University: Fees, Requirements, Application Process<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-career-scope\"><span id=\"career-scope\">Career Scope<\/span><\/h2>\n\n\n\n<p>According to the program website, a whopping <strong>95%<\/strong> of full-time McMaster University MBA graduates seeking employment secured jobs <strong>within 3 months<\/strong> of graduation. The average base salary for the graduating class of 2022 was <strong>CAD 113,274<\/strong>. Graduates land jobs across numerous industries, with the top sectors being Financial Services, Consulting, Technology, Healthcare, and Consumer Packaged Goods.<\/p>\n\n\n\n<p>Here&#8217;s a table outlining some popular job profiles and their average salaries for McMaster University MBA graduates (based on 2022 data):<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Job Title<\/strong><\/td><td><strong>Average Salary (CAD)<\/strong><\/td><\/tr><tr><td>Management Consultant<\/td><td>CAD 120,497 per year<\/td><\/tr><tr><td>Technology Specialist<\/td><td>CAD 130,723 per year<\/td><\/tr><tr><td>Financial Analyst<\/td><td>CAD 113,883 per year<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Relevant Reads:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>MBA in Sweden for Indian Students<\/strong><\/td><td><strong>MBA at the University For The Creative Arts<\/strong><\/td><\/tr><tr><td><strong>MBA in Australia<\/strong><\/td><td><a href=\"https:\/\/leverageedu.com\/blog\/low-cost-mba-in-canada\/\"><strong>Low Cost MBA in Canada<\/strong><\/a><\/td><\/tr><tr><td><strong>HEC Paris MBA: Know Fees, Requirements, Admission Process, and More<\/strong><\/td><td><strong>MBA at the University of Buckingham (UB)<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span id=\"faqs\">FAQs\u00a0<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1718698301815\"><strong class=\"schema-faq-question\">Q.1 <strong>How much does the McMaster University MBA program cost?<\/strong><\/strong> <p class=\"schema-faq-answer\">Answer: For international students, the McMaster University MBA (full-time) program costs CAD 111,300 per year.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1718698354835\"><strong class=\"schema-faq-question\">Q.2 <strong>What are the acceptance rates for the McMaster University MBA program?<\/strong><\/strong> <p class=\"schema-faq-answer\">Answer: The acceptance rate of the program is <strong>63-65%<\/strong> according to different sources on the web.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1718699315816\"><strong class=\"schema-faq-question\">Q.3 <strong>Does the McMaster University MBA program offer any co-op options?<\/strong><\/strong> <p class=\"schema-faq-answer\">Answer: Yes! The DeGroote School of Business offers a Full-Time MBA with a Co-op program that integrates classroom learning with paid work terms (up to 12 months). It is a great option for recent graduates to gain valuable experience while launching their careers.<\/p> <\/div> <\/div>\n\n\n\n<p>We hope this blog gave you a complete overview of the McMaster University MBA program. Stay tuned to <strong><a href=\"https:\/\/leverageedu.com\/\">Leverage Edu<\/a><\/strong> for daily updates on study-abroad universities like this.<\/p>\n","protected":false},"excerpt":{"rendered":"The McMaster University MBA is a full-time, 20-month program offered by DeGroote School of Business. The program costs&hellip;\n","protected":false},"author":101,"featured_media":52392,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"editor_notices":[],"footnotes":""},"categories":[37,57],"tags":[],"class_list":{"0":"post-52378","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-study-abroad","8":"category-universities"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>McMaster University MBA: Fees, Requirements, Ranking, Salary, and More | Leverage Edu Learn<\/title>\n<meta name=\"description\" content=\"Discover the McMaster University MBA fees, requirements, ranking, salary, co-op, acceptance rate, courses, and more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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year.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/leverageedu.com\/learn\/mcmaster-university-mba\/#faq-question-1718698354835","position":2,"url":"https:\/\/leverageedu.com\/learn\/mcmaster-university-mba\/#faq-question-1718698354835","name":"Q.2 What are the acceptance rates for the McMaster University MBA program?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Answer: The acceptance rate of the program is <strong>63-65%<\/strong> according to different sources on the web.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/leverageedu.com\/learn\/mcmaster-university-mba\/#faq-question-1718699315816","position":3,"url":"https:\/\/leverageedu.com\/learn\/mcmaster-university-mba\/#faq-question-1718699315816","name":"Q.3 Does the McMaster University MBA program offer any co-op options?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Answer: Yes! The DeGroote School of Business offers a Full-Time MBA with a Co-op program that integrates classroom learning with paid work terms (up to 12 months). It is a great option for recent graduates to gain valuable experience while launching their careers.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"acf":[],"_links":{"self":[{"href":"https:\/\/leverageedu.com\/learn\/wp-json\/wp\/v2\/posts\/52378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leverageedu.com\/learn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leverageedu.com\/learn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leverageedu.com\/learn\/wp-json\/wp\/v2\/users\/101"}],"replies":[{"embeddable":true,"href":"https:\/\/leverageedu.com\/learn\/wp-json\/wp\/v2\/comments?post=52378"}],"version-history":[{"count":0,"href":"https:\/\/leverageedu.com\/learn\/wp-json\/wp\/v2\/posts\/52378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/leverageedu.com\/learn\/wp-json\/wp\/v2\/media\/52392"}],"wp:attachment":[{"href":"https:\/\/leverageedu.com\/learn\/wp-json\/wp\/v2\/media?parent=52378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leverageedu.com\/learn\/wp-json\/wp\/v2\/categories?post=52378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leverageedu.com\/learn\/wp-json\/wp\/v2\/tags?post=52378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}