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IVEY MBA Deadlines 2025
Round 1 - January 29, 2024
Round 2 - April 15, 2024
Round 3 - July 8, 2024
Round 4 - September 23, 2024
Round 5 - November 18, 2024
Round 6 - January 10, 2025

IVEY MBA Employment Report

Detailed Analysis of the IVEY MBA Employment Report


The IVEY MBA program at the Ivey Business School, Western University, is a prestigious MBA in Canada known for its exceptional career outcomes and rigorous academic environment. The MBA Employment Report for 2023 provides a comprehensive overview of the program’s effectiveness in placing graduates into rewarding careers, highlighting key statistics, industry engagements, and the robust support provided by the Career Management team.


Key Highlights from the IVEY MBA Employment Report 2023

  • High Placement Rates:

    • 92% of students received at least one job offer within six months of graduation.

    • 89% secured offers by September 15th, 2023, with a reporting rate of 92%.

  • Compensation:

    • Average Base Salary: $131,282

    • Average Signing Bonus: $21,284

    • Average Total Compensation: $148,478 (including base, signing bonus, and other guaranteed compensation).

Industry Placement

The IVEY MBA graduates found opportunities across a diverse range of industries, demonstrating the program’s versatility and the high demand for its graduates.

  • Top Industries:

    • Consulting: 20%

    • Financial Services: 26%

    • Technology: 11%

    • Other Industries: 43% (including healthcare, consumer products, energy/resources, entertainment, and more)

Employment by Function

  • Consulting/Corporate Strategy: 64%

  • Finance: 10%

  • Leadership Development/Rotational Programs: 12%

  • Other Functions: 14% (including general management, marketing, operations/logistics, product management, R&D, and sales/business development)

Geographic Distribution

  • Canada: 88%

    • Toronto/GTA: 69%

    • Calgary: 5%

    • London: 5%

    • Other Canadian Cities: 9% (including Halifax, Montreal, Orillia, Regina, Sarnia, Vancouver, Victoria)

  • International: 12% (including the USA, Ecuador, France, and UAE)

Class Profile

  • Average Age: 28.5 years

  • Age Range: 24-35 years

  • Average Years of Work Experience: 5.5 years

  • Gender Diversity: 35% women

  • International Representation: 22% non-Canadian students from countries including India, Pakistan, Nigeria, China, France, Peru, Vietnam, and the Philippines.

Career Transitions

  • Significant Career Transitions:

    • 96% of graduates made at least one career transition (change in industry, function, and/or geography).

    • 72% made at least two career transitions.

    • 42% made three career transitions.

Employer Engagement

  • Companies with Employment Acceptance: 57 companies

  • Companies Posting Jobs: 119 companies

  • Top Hiring Companies: Accenture, Bain & Company, BCG, Deloitte, EY, KPMG, McKinsey & Company, and PwC.

Compensation Breakdown by Industry and Function

  • By Industry:

    • Consulting: Average base salary $156,820, median $180,000

    • Financial Services: Average base salary $102,933, median $100,000

    • Other Industries: Average base salary $95,868, median $95,000

  • By Function:

    • Consulting/Corporate Strategy: Average base salary $148,332, median $160,000

    • Finance: Average base salary $107,000, median $102,500

    • Leadership Development/Rotational Programs: Average base salary $98,000, median $97,000

    • Other Functions: Average base salary $100,891, median $95,500

Career Management and Support

  • The IVEY Career Management team provides unparalleled support, guiding MBAs through the recruitment process and helping them develop the skills needed for their post-MBA careers.

  • Source of Employment:

    • School-Facilitated: 57% (including career management postings, alumni and corporate partner networking, referrals, and faculty recommendations)

    • Graduate-Facilitated: 31% (including personal networks, previous employers, and executive recruiters)

Alumni and Corporate Engagement

The IVEY MBA program benefits from a strong alumni network and robust corporate partnerships, providing students with ample networking opportunities and support throughout their career journeys. Alumni and employers from various sectors actively engage with students through events such as coffee chats, networking sessions, and office visits.

The IVEY MBA program stands out as a top MBA in Canada, delivering impressive career outcomes and high compensation levels for its graduates. The program’s strong emphasis on leadership, case-based learning, and career support ensures that students are well-prepared to make significant career transitions and achieve their professional goals.

Interested in taking the next step towards an IVEY MBA? Connect with GOALisB MBA Admission Consultants for personalized guidance on your application process. Our expert consultants will help you highlight your strengths, craft compelling essays, and prepare for interviews to increase your chances of success.

IVEY MBA Class Profile

Detailed Analysis of the IVEY MBA Class Profile 2025

The IVEY MBA Class of 2025 at the Ivey Business School, Western University, reflects a diverse and dynamic cohort, bringing together students from various geographical regions, industries, and educational backgrounds. This diversity enriches the learning environment and prepares students for leadership roles in a global business context. Here’s a detailed analysis of the IVEY MBA Class Profile 2025:


Geographic Diversity

The Class of 2025 is composed of students from around the world, showcasing significant international representation:

  • Canada: 37%

  • India: 26%

  • China: 12%

  • Latin America: 8%

  • Africa: 7%

  • Southeast Asia: 3%

  • Other Regions: 7%

This geographical diversity brings a wide range of perspectives and experiences to the program, fostering a rich, multicultural learning environment.


Industry Background


Students in the IVEY MBA Class of 2025 come from various professional backgrounds, providing a wealth of industry knowledge and expertise:

  • Finance/Insurance: 22%

  • Consulting: 15%

  • Technology: 7%

  • Engineering: 7%

  • Accounting: 6%

  • Energy/Utilities: 5%

  • Not-for-Profit/Government: 5%

  • Marketing/PR/Advertising: 5%

  • Healthcare: 4%

  • Manufacturing: 3%

  • Mining: 3%

  • Wholesale/Retail: 3%

  • Other Industries: 17%

The diverse industry representation ensures that students can learn from peers with different professional experiences and insights, enhancing their understanding of various sectors.


Educational Background

The educational backgrounds of the students are varied, contributing to a multidisciplinary approach to learning:

  • Business: 38%

  • Engineering: 34%

  • Arts: 14%

  • Sciences: 14%

This mix of educational backgrounds helps in fostering critical thinking and problem-solving skills from different academic perspectives.

IVEY MBA Class Demographics

  • Total Students: 150

  • Average Age: 29 years

  • Age Range: 24-34 years

  • Average Years of Work Experience: 5.5 years

  • Number of Passports Represented: 25

  • Languages Spoken: 39

  • Number of Different Birth Countries Represented: 24

  • Number of Different Industries Represented: 23

  • GMAT Range: 540-740 (average of 665)


The demographics highlight the class's diversity in terms of age, experience, and cultural background, which are crucial for developing well-rounded business leaders.

Gender Diversity

  • Women (self-identified): 40%

  • Domestic Students: 60%

  • International Students: 37%

The IVEY MBA program is committed to gender diversity, with a significant proportion of women in the class, contributing to a balanced and inclusive environment.


Key Takeaways

  • Diverse and International: The IVEY MBA Class of 2025 is highly international, with significant representation from various regions, particularly India and China.

  • Industry and Academic Backgrounds: Students come from a wide array of industries and academic backgrounds, ensuring a multidisciplinary approach to business education.

  • Experienced Cohort: With an average of 5.5 years of work experience, the students bring substantial professional insights to the classroom.

  • Inclusive Environment: The class demonstrates a strong commitment to gender diversity and inclusivity.

The IVEY MBA Class of 2025 exemplifies the program’s dedication to fostering a diverse and dynamic learning environment. The varied backgrounds of the students enrich the learning experience, preparing them to become effective leaders in a global business landscape. With a strong focus on diversity, inclusivity, and academic excellence, the IVEY MBA continues to be a top choice for aspiring business professionals worldwide.

Interested in joining the diverse and dynamic IVEY MBA program? Connect with GOALisB MBA Admission Consulting for personalized guidance on your application process. Our expert consultants will help you highlight your strengths, craft compelling essays, and prepare for interviews to increase your chances of success.

IVEY MBA Requirements

  • Established Year - 1922

  • College Type - Public Business School

  • Weighted Package - US$ 110586

  • Current Package - US$ 112480

  • Domestic Tuition Fees - 7,576.74 CAD

  • International Tuition Fees - 24,851.7 CAD

  • Global MBA FT Rank 2021 - 97

  • FT Research Rank - 60

  • Scholarships - Merit-based and MBA entrance scholarships are available.​

  • Application Rounds - 6

  • Overall Satisfaction according to Financial Times - 8.93

  • Rank for Value of Money according to Financial Times - 43

IVEY MBA Requirements 2023:

  1. Unofficial transcripts from all post-secondary institutions; official/certified transcripts required upon admission offer.

  2. GMAT score (with code CMB-MG-18) or GRE score (with code 0292)

  3. GMAT requirement waived for candidates with CFA Level 2, CPA, P.Eng, LSAT, or MCAT.

  4. Resume showing 2+ years full-time work experience.

  5. TOEFL/IELTS (for ESL applicants).

  6. 2 professional references.

  7. Online application with 2 written essays and 2 video questions.

  8. Application fee of $150 CAD.

IVEY MBA Essay topics:

What are your short-term career plans immediately post-MBA, and why is an Ivey MBA essential to those plans? (250 word limit)

Tell us about a challenge you have faced in your life, and what lessons you learned from it. (250 word limit)

About IVEY MBA 2023

Ivey School of Business is a leading institute affiliated with the University of Western. The school has received honors from different ranking agencies for its prominent MBA program making it one of the best and topmost business schools in Canada. At present, the student population of Ivey includes more than 35% global applicants. Ivey Business School is acknowledged to be one of the key producers of business cases worldwide.

IVEY MBA employment report:

Average total compensation as per IVEY MBA employment report 2021: CAD122,525

Average base salary as per IVEY MBA employment report 2021: CAD107,850

Percentage of those seeking employment who received at least one job offer within three months of graduation as per IVEY MBA employment report 2021: 97%

IVEY MBA  ranks as the #1 Program in Canada for value of money.​


IVEY MBA class profile

  1. Total students in Class: 168

  2. Average Age at Entry: 28.5

  3. Age Range: 24-35

  4. Average Years of Work Experience 5.5

  5. GMAT Range in the IVEY MBA class profile: 520-780

  6. Women in the IVEY MBA class profile: 37.50%

  7. International students in the IVEY MBA class profile: 44%

  8. 21% of the class of 2022 at IVEY MBA comprises Indians.

  9. ​IVEY MBA ranking is 1 by Bloomberg Business Week 6 years in a row.

IVEY MBA Class profile in terms of nationalities comprised:

  1. Canada: 56%

  2. Peru: 2%

  3. Nigeria: 7%

  4. Pakistan: 2%

  5. India: 17%

  6. Vietnam: 3%

  7. China: 6%

  8. Others including Bangladesh, Colombia, Côte d’Ivoire, Ghana, Mexico, Philippines, South Africa, Sri Lanka, United Arab Emirates and Venezuela : 7%


IVEY MBA class profile in terms of Pre-MBA Industries:

  1. Financial Services: 25%

  2. Consulting: 22%

  3. Consumer Packaged Goods/Wholesale/Retail: 7%

  4. Energy & Resources: 7%

  5. Technology/Telecommunications: 7%

  6. Engineering: 4%

  7. Healthcare/Pharmaceuticals/Medical : 4%

  8. Marketing/PR/Advertising: 4%

  9. Government: 3%

  10. Charities/Not-for-Profit: 2%

  11. Legal: 2%

  12. Real Estate: 2%

  13. Automotive: 2%

  14. Other: 11%

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