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Degroote School of Business MBA - Eligibility, Admissions 2024

Updated: Jan 23

The DeGroote MBA program brings a diverse and dynamic group of individuals come together to shape the future of business and leadership. The latest class embodies a wide range of academic backgrounds, representing a melting pot of talents and expertise.


McMaster MBA ranks 10th on the QS Global MBA Rankings 2024: Canada.


Among the students in the MBA program, 32% come from a business background, bringing a strong foundation in the world of commerce and entrepreneurship. Another 23% hail from the scientific disciplines, infusing the program with analytical and innovative perspectives. Engineering and social sciences each contribute 16% of the class, enriching the cohort with problem-solving skills and insights into human behavior. Moreover, 7% come from various other fields, while 4% and 2% bring expertise in health/kinesiology and humanities, respectively, adding unique dimensions to the program's diversity.


DeGroote MBA
DeGroote MBA


The McMaster MBA students don't just bring diverse academic backgrounds; they also boast impressive work experience. On average, the McMaster MBA participants have accumulated 5 years of valuable experience in the professional world. For those pursuing the Co-op option, the average stands at 2 years, while the Accelerated program participants boast an average of 3 years of work experience. This wealth of experience ensures that the classrooms are enriched with real-world knowledge and practical insights.


DeGroote MBA has a significant representation of women. The Accelerated program leads the way with 54% female participants, while the DeGroote MBA (Co-op) follows closely with 49%.


With an average age of 27 for the DeGroote MBA, 24 for DeGroote MBA (Co-op), and 26 for the Accelerated program, the McMaster MBA classes consist of dynamic individuals at different stages of their careers, contributing to a vibrant learning community.


Programs for MBA in Canada ranked in the QS Global MBA Rankings 2024 for Canada are:

  1. Rotman MBA - Ranks 1st in Canada

  2. McGill MBA - Ranks 2nd in Canada

  3. Schulich MBA - Ranks 6th for MBA in Canada

  4. IVEY MBA - Ranks 3rd for MBA in Canada

  5. UBC Sauder MBA - Ranks 4th for MBA in Canada

  6. Queen's Smith MBA - Ranks 5th for MBA in Canada

  7. Alberta Business School MBA - Ranks 7th for MBA in Canada

  8. Concordia MBA - Ranks 8th for MBA in Canada

  9. HEC Montreal MBA - Ranks 9th for MBA in Canada

  10. McMaster MBA - Ranks 10th for MBA in Canada


2024 intake Application Deadline for McMaster MBA:

  1. Round 1: October 11, 2023

  2. Round 2: November 28, 2023

  3. Round 3: February 28, 2024

For assistance with the MBA Essay and MBA Interview preparation contact an expert MBA admission consultant at GOALisB. You can also whatsapp us at +91 7719497187.


What is DeGroote MBA?


DeGroote School of Business is the business school at McMaster University in Hamilton, Ontario, Canada. It offers a Master of Business Administration (MBA) degree program, which is a two-year program that provides students with a broad foundation in business and management. The DeGroote MBA program is designed to develop the skills and knowledge necessary for leadership roles in a variety of industries and sectors. It includes coursework in areas such as finance, marketing, operations, and strategy, as well as opportunities for experiential learning through case studies, simulations, and internships.


Is DeGroote a good MBA?


It is difficult to make a definitive statement about the quality of the DeGroote MBA program as the perception of what constitutes a "good" MBA program can vary widely depending on an individual's priorities and career goals. However, the DeGroote School of Business is generally well-regarded and has received a number of accolades. The school has received accreditation from the Association to Advance Collegiate Schools of Business (AACSB), which is a highly respected accrediting body for business schools.

It is worth noting that the quality of an MBA program can also depend on factors such as the quality of the faculty, the resources available to students, the support provided by the school, and the overall learning experience. It may be helpful for you to research these factors and speak with current or former students of the DeGroote MBA program to get a better sense of whether the program is a good fit for your needs and goals.

There are more options for MBA in Canada like the Rotman MBA, the Schulich MBA, the UBC Sauder MBA and the IVEY MBA programs.


How much does a DeGroote MBA cost?


The cost of an MBA program can vary widely depending on a number of factors, including the institution, the location, and the duration of the program. At the DeGroote School of Business, the cost of the full-time MBA program for the 2021-2022 academic year is $72,000 CAD for Canadian citizens and permanent residents and $80,000 CAD for international students. This cost includes tuition, mandatory fees, and a number of other expenses such as textbooks and course materials.


These costs do not include living expenses, which can vary depending on your personal circumstances and the location of the school. It is a good idea to budget for additional expenses such as housing, food, transportation, and other personal expenses when considering the cost of an MBA program.


Many MBA programs, including the DeGroote MBA program, offer a variety of financing options to help students cover the cost of their education. These options may include loans, scholarships, grants, and other forms of financial aid. It may be helpful for you to research these options and speak with the school's financial aid office to determine what funding options are available to you.


Is McMaster University good for MBA?


McMaster University is a highly respected institution that is known for its strong academic programs, including its MBA program at the DeGroote School of Business. The quality of an MBA program can depend on a variety of factors, including the quality of the faculty, the resources available to students, the support provided by the school, and the overall learning experience. It may be helpful for you to research these factors and speak with current or former students of the DeGroote MBA program to get a better sense of whether it is a good fit for your needs and goals.


Degroote School of Business MBA Program Overview

  1. Duration: 20 Months

  2. Time in Class: 16 Months

  3. Next Intake: September 2023

  4. Work Experience Required: 1-7 Years

  5. Format: Full-time

  6. Paid summer internship

  7. International Exchange

  8. Top 3 Two Year MBA, According to Times Higher Education and Wall Street Journal Business School Report

Degroote School of Business MBA Application Deadlines

  1. Round 1: October 11, 2023

  2. Round 2: November 28, 2023

  3. Februrary 28, 2024

Degroote School of Business MBA Admission Requirements

  1. Bachelors Degree

  2. Minimum 1 year of post graduate work experience

  3. GMAT/GRE Test Scores

  4. English Language Proficiency (IELTS/TOEFL) - Overall score of 7 in IELTS or Overall score of 100 in TOEFL

  5. Two References

  6. Updated Professional Resume

  7. KIRA Online Interview

Degroote School of Business MBA Fees

Approximate Tuition Fee for International Students: $96,000


More MBA in Canada Universities offer leading programs like the institutions like HEC Montreal MBA, Alberta MBA, and McGill MBA.


Degroote School of Business MBA Scholarships and Awards

  • MBA Admission Awards

  • DeGroote MBA Admission Scholarship Competition

  • MBA In-course and Entrance Scholarships

  • University-wide Scholarships and Bursaries


DeGroote Full-time MBA Curriculum

Term 1:

  • Managing Financial Resources

  • Economics and Business Statistics

  • Creating Customer Value

  • Competing through Digital Transformation and Analytics

  • Managing Organizations

Term 2:

  • Managing Financial Resources

  • Economics and Business Statistics

  • Creating Customer Value

  • Competing through Digital Transformation and Analytics

  • Managing Organizations

Term 3 & 4: Specializations

  • General MBA

  • Accounting and Financial Management Services

  • Business Analytics

  • Finance

  • Health Services Management

  • Marketing

  • Strategic Business Valuation

Degroote School of Business MBA Class Profile

  1. Average Years of Work Experience- 4

  2. Countries Represented- 9

  3. Class Size- 67

  4. Male- 52%

  5. Female- 48%

Undergraduate Degree Breakdown-

  1. Engineering- 21%

  2. Science- 21%

  3. Business- 40%

  4. Other- 10%

  5. Humanities- 8%

Summer Internship Secure Rate of those seeking: 91%


DeGroote MBA Employment Outcomes


Class of 2021

  • Total Students-191

  • Women: 40%

  • Men: 60%

Full-Time MBA students seeking employment were employed within three months of graduation: 94%

Employment by Industry

  • Financial Services: 28%

  • Technology: 15%

  • Healthcare: 14%

  • Professional Services – Consulting: 13%

  • Other: 11%

  • Manufacturing: 5%

  • Consumer Packaged Goods: 4%

  • Retail: 4%

  • Media/Entertainment: 3%

  • Energy & Natural Resources: 3%

Other includes Education, Entrepreneurship, Government, Law, Non-Profit, Accounting, Real Estate, Transportation and Logistics Services

Salaries & Signing Bonuses- 3 Months Post-Graduation

  • Highest Salary: $130,000

  • Lowest Salary: $50,000

  • Mean Salary: $77,080

  • Median Salary: $76,100

  • Highest bonus: $25,000

  • Lowest bonus: $5,000

  • Mean Bonus: $12,887

  • Median Bonus: $10,000

  • 20% of those reporting salaries reported receiving a signing bonus.

Top Employers by Number of Hires

  • Amazon

  • BMO

  • CIBC

  • Deloitte

  • EY

  • Microsoft

  • RBC

  • Scotiabank

  • TD

  • TELUS

  • TELUS Health

  • Whirlpool


DeGroote Executive MBA in Digital Transformation

Program Overview

  1. Duration: 14 Months

  2. Next Intake: July 2023

  3. Work Experience Required: 10+ Years

  4. Location: Burlington, Ontario, Burlington, Ontario

  5. Capstone Project


DeGroote EMBA Application Deadline: June 1, 2023


DeGroote EMBA Admission Requirements

  • 4-year bachelor’s degree in any discipline

  • B average (73-77%) in the two most recent years of university study

  • Considerable work experience, including managerial experience (7+ years)

  • English proficiency (written and oral) – IELTS/TOEFL

  • Exceptions: School will consider non-degree applicants if they have a minimum of 12-years managerial experience. If candidates fall short on work experience or degree requirements, they will be assessed on a case-by-case basis and may be required to write a GMAT.

DeGroote EMBA Fee

Tuition Fee for Executive MBA Program is $95,335 (CAD) Which Includes:

  • Accommodations and most meals during in-person residency

  • Course materials and technology licenses

  • On-site parking during residency

  • Travel during residency

For MBA Essay help, MBA interview preparation and application assistance connect with an MBA admissions consultant at GOALisB or write to us at contact@goalisb.com or whatsapp at +91 7719497187.


FAQs

Is McMaster University a good choice for MBA?


Undeniably, McMaster University and its DeGroote MBA program are highly recognized worldwide. They have all the factors like strong faculty, student resources and many more to deliver a high-quality MBA course. Conducting research and talking to current or former DeGroote MBA students can provide more insight into whether it suits your needs and goals."


Is DeGroote a Good MBA?


DeGroote School of business ranked 141 in 150 in the Executive MBA rankings 2023. This business school has prestigious accreditation from the Association to Advance Collegiate Schools of Business (AACSB). The DeGroote MBA program aims to create leadership skills and a solid knowledge background in business and management. The MBA program includes marketing, finance, operations, and strategy as part of the study.


What GMAT Score is Needed for DeGroote?


The average GMAT score is 600, but meeting the minimum requirements does not guarantee admission. You have a better chance if you can secure a higher than average score. However, the GMAT score is needed for those who do not meet the B average.


Is DeGroote Hard to Get Into?


The admission process is highly selective, yet the acceptance rate is 65%. If you can complete your admission process successfully with more than average marks, you can easily get into DeGroote MBA.


If you are seeking assistance with MBA essay writing, MBA interview preparation, or MBA application guidance, you can connect with an MBA admissions consultant at GOALisB. Feel free to reach out to us through email at contact@goalisb.com or via WhatsApp at +91 7719497187. We are here to support you in your MBA journey!


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