MBA's in 1981- Business Library - Western Libraries - UWO

MBA's in 1981

The MBA in 1981

"Blood, Sweat and Two Years: Does the Heavy Investment in a Mid-Career MBA Pay Off? Yes, say Those Who've Survived - If You Are Willing to Change Your Life Completely," Diane Wilson, Canadian Business, Vol.54, No.10, October 1981, p.48.

   This interesting article contains useful information about MBA programs in Canada in the early 1980s and the following comment about Western: "Among Canadian business schools it's Western that has the mystique and the power to open doors" (p.52). There are comments from Deans and graduates and those who are actually enrolled in programs and there is a sidebar (p.54) which asks "Is B-School For You? A Do-It-Yourself Entrance Exam". The "heavy investment" in the title above refers partially to the $1,000 tuition which does not seem so heavy from here.

    A bound copy of Canadian Business is available in the Business Library. For your convenience we reproduce here the chart that appears on p.5:
                                          "Scoring the B-Schools : A Very Unofficial Ranking"

Rank	School	Comments	Strengths	Class size year 1 F + E and total P enrollment	Average GMAT test score (perfect= 800)	Average Age	Average starting salary (1981)
1	Harvard (Boston)	Mother of invention (case method)	General MBA	780 F	640-650	mid-20s	$31,500 (1980)
2	Western (London)	Harvard North (case method)	General MBA	268 F	580	26	$28,000
3	York (Toronto)	Theoretical and applied, excellent faculty	Marketing, organiz-ational behavior and industrial relations, international business, entreperneurial studies, strategic management	150 F 850 P	565	25 F 29 P	$24,580
	UBC (Vancouver)	Stanford North (very Theoretical and Quantitative)	Industrial relations, marketing, accounting, finance, urban land economics, management	150 F 200 P	530-550	27 F 29-30 P	$25,000- $28,000
	Ecole des hautes etudes commerciales (Montreal)	Theoretical and applied, excellent faculty	Environmental economics (businesses as systems in dynamic societies)	300 F + P	GMAT Not Mandatory	29	$30,900 (1980)
	Queen's (Kingston)	Small, elite school, analytical in the traditon of Chicago and MIT	Finance, accounting	100F	550-600	24	$22,750

4	Alberta (Edmonton)	Seen as a comer, also theoretical like MIT, Chicago, Stanford and Carnegie	Finance, quantitative methods	50F 150 P	560	mid-20s	$25,000 (est.)
	Toronto (Toronto)	Research-based MBA Allows for concentr-ation as well as general analytical skills	Financial analysis, organizational design, resource management, strategic planning, retailing	150 F 550 P (35 E, est. for 1982)	575 F 605 P	25 F 28 P (35- 38 E)	$24,000
	McGill (Montreal)	Shifting from exclusively theoretical Focus, mixture of methods and faculty, lacks definition	Finance, marketing, international business	120 F 1,350 P	Not crucial because of international Students (who score poorly)	25-26	$24,000
	Concordia (Montreal)	Percieved as an MBA production house by some. Dean is close to business community and puts emphasis on applied education	General Management theory, marketing, finanace	750 F + P	600	32-33 (45 E)	$23,000- $24,000
5	Simon Fraser (Burnaby)	Solid EMBA, school might not have national reputation because program is still small and part-time	Behavioral science, business strategy, public policy	50 E	570- 600 (est.)	36	Already employed

Dalhousie

(Halifax)

Off the beaten track, with a local student population; developing attractive strengths

International business, marine transportation, marketing, finance

100 F

90 P

540

(est.)

late-20s

$23,000-

$24,000

Manitoba

(Winnipeg)

Intensely local, its message had yet to be heard by the rest of the country

General MBA or concentration in accounting, finance, quantitative methods, marketing, management, public policy, personnel

90 F

109 P

Uses minimum of 450

$24,000

Wilfred

Laurier

(Waterloo)

A fairly new program it's small and offered only in the evenings; valuable for local population

General management

125 P

525

Already employed

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