The Rotman School of Management at the University of Toronto is the best (#1) business school in Canada. The Rotman MBA is ranks among the top 10 finance programs globally (according to Financial Times).
Apart from these globally relevant reasons, there are a few India specific ones too. Devashish Khatwani shares those reasons that helped him choose the Rotman MBA over many other top MBA offers in hand.
I graduated from IIT Roorkee in 2007 and joined PricewaterhouseCooper’s (PwC) consulting division straight out of college. I worked in the consulting space for five years. Throughout my professional career I faced a steep learning curve and this in part motivated me to go for a MBA.
I also wanted to change track from consulting to private equity (PE) as I consider PE industry to be an ideal mix of consulting expertise and investment acumen. I know it is not an easy industry to break into but an MBA eases the path to a PE role.
I wrote my GMAT in late 2009 and applied to B-Schools in 2010 admission cycle. Unfortunately, I was not able to secure admission to any of the schools.
In hindsight I would attribute this to unfocussed essays and nervousness during interviews. I got back to applying to B-Schools with vengeance in 2011 admission cycle. I chose not to apply to any of the US B Schools, this is because I do not consider my profile (GMAT 720, IIT, 5 yrs. management consulting) to be competitive at the schools I wanted to go to (The M7).
I applied to Tier 1 B Schools in Europe and Canada (Oxbridge, IESE, ESADE, Rotman) and ISB. I got interview invites from all the schools except Cambridge (still no clue why?) and was able to secure admission to ISB and Rotman.
– I wanted to global career which to me seemed more likely at Rotman than at ISB.
– I have been through education system at an elite Indian institution (IIT) and wanted to try out the education system at a top tier global institution.
– Canada is a much more stable economy than either US or Europe at the moment.
– Canada is much more immigrant friendly than either US or Europe.
– I did the ROI calculation for both ISB and Rotman and found both ISB and Rotman were at parity if I took a time frame of >7 years.
– Know what you want from your MBA. I wanted to broaden my business knowledge and hopefully be looked upon more favorably by the recruiters in my target industry.
– Know which colleges you want to go to and judge whether your profile will be competitive there.
– The essays should have a sharp focus: read advice from Precision Essay, The Essay Snark ad The MBA Mission and if you have the dough go ahead and hire a good MBA consultant.
– Do mock interviews with your friends and ask them to poke holes into your story. Read the questions provided on Clear Admit wiki, they are representative of the questions you normally get asked.
– Decide which college to attend logically and don’t be swayed by brand reputations.
I am loving it! The diversity of the class is truly amazing. We have regular (too regular!) interactions with business and thought leaders from across North America.
What I like the most about the course so far is that it is not just about rot learning but really LEARNING (‘3 Idiots’ movie style learning). The professors are doing a wonderful job and the infrastructure is world class.
If you have questions for Devashish about the Rotman MBA or opportunities in Canada, please post them below as a comment. Speaking of Canadian MBA programs, another one that you may want to check out is the Ivey MBA. Also, don’t miss this interview with Rotman School of Management – MBA Admissions Team.