26
CO CAREEROPTIONSMAGAZINE.COM/MBA FALL 2014 Helping students find the MBA program and post-MBA career that is right for them. CAREER OPTIONS BUSINESS DOESN’T STAY WITHIN BORDERS ANYMORE. Get international experience With PROFILES of top Canadian business schools 9 SPECIALIZATION GIVES YOU AN MBA EDGE 17 CAREER TURNING POINT: LEARNING A NEW LANGUAGE 22 CONSIDER JOINING A PROFESSIONAL ASSOCIATION FLIP THE MAGAZINE FOR MORE CAREER OPTIONS! +

CO MBA Fall 2014

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: CO MBA Fall 2014

CO

CAREEROPTIONSMAGAZINE.COM/MBAFALL 2014

Helping students find the MBA program and post-MBA career that is right for them.

CAREER OPTIONS

BUSINESS DOESN’T STAY WITHIN BORDERS ANYMORE. Get international experience

With PROFILES of top Canadian business schools

9 SPECIALIZATION GIVES YOU AN MBA EDGE

17 CAREER TURNING POINT: LEARNING A NEW LANGUAGE

22 CONSIDER JOINING A PROFESSIONAL ASSOCIATION

FLIP THE

MAGAZINE

FOR MORE

CAREER OPTIONS!

+

Page 3: CO MBA Fall 2014

CAREER OPTIONS

WE WOULD LIKE TO THANK OUR ADVERTISERS…

11 Athabasca University, Faculty of Business

25 Bond University

26 Cape Breton University, Shannon School of Business

2 HULT International Business School

15 IE Business School

7 John Wiley & Sons Canada, Ltd.

18 The MBA Tour

21 QS Fairs

20 Thompson Rivers University

10 Trinity Western University

23 University of New Brunswick, Fredericton

8 University of New Brunswick, Saint John

16 Vancouver Island University, Faculty of Management

24 Wilfrid Laurier University

18 Tips to take your

MBA application to the top of the pile

4ARE YOU READY FOR BUSINESS WITHOUT BORDERS?By Marc Cousineau

9UPWARD MOBILITY: Focus on Your Career VerticalBy Sabina Wex

12 CLICK YOUR WAY TO AN MBA: Online Degrees and Work-Life BalanceBy Vanessa King

17CAREER TURNING POINT: Learning a New LanguageBy William Johnson

19ACE YOUR MBA APPLICATION: Tips, Strategies and Practices for Your Best PresentationBy Sarah Whittaker

22SUCCESS BY ASSOCIATION: Why Joining a Professional Association Can Help Your CareerBy Marc Cousineau

12 What “face

time” with your MBA instructor looks like in 2014

CAREER OPTIONS MBA FALL 2014 3

FALL 2014

Page 4: CO MBA Fall 2014

4 FALL 2014 CAREEROPTIONSMAGAZINE.COM/MBA

Page 5: CO MBA Fall 2014

Chantel Pauley’s office in Saskatoon is a long way from

Brazil. This isn’t only true of the geographical difference

between the two places, but the cultural distance as well.

Saskatoon conjures up images of snow blowing across

prairie landscape or a river snaking through a bustling city, depending

on whether you’re withstanding winter or enjoying summer.

On the other hand, when someone mentions Brazil, tropical

rainforests and huge metropolises overlooking the ocean come to

mind—at least that’s the picture you get from travel brochures and

Google searches.

Pauley, however, is at home in both places, despite the 9,000

kilometres that separate them. That’s because her quest for a Master

of Business Administration (MBA) took her on a cross-continental

journey from her home and native land of Canada to the classrooms

and boardrooms of Brazil.

Pauley, a graduate of the Schulich School of Business’s International

MBA program at York University, says her semester studying in

Brazil gave her an edge in her job as an industrial account executive

at Imperial Oil.

“With globalization, borders are becoming obsolete to a certain

extent. I think it’s definitely attractive to companies to see someone

who is okay with working cross-culturally,” says Pauley, adding that

this could mean traveling to complete projects or negotiating with

suppliers located half a world away from a desk in Canada.

“Even when I walk into my head office, I see a lot of people from

different countries. It’s about valuing diversity and looking at things

from a variety of different perspectives.”

By Marc Cousineau

ARE YOU READY FOR BUSINESS WITHOUT BORDERS?

CAREER OPTIONS MBA FALL 2014 5

Page 6: CO MBA Fall 2014

GLOBAL CHALLENGES…

However, there are times where the benefits of

studying abroad for an MBA can be obscured by

unique challenges. In fact, if there was a job posting

for international MBA programs, it might look

something like this:

Our ideal candidate is interested in business, is

bilingual and doesn’t mind moving to a foreign

country without their family and friends, a resi-

dence, or a culture they’re used to.

Pauley was introduced to these challenges as soon

as she stepped onto Brazilian soil for her study term.

“It was difficult at first because I didn’t speak

Portuguese,” says Pauley, who speaks Spanish,

thanks to previous exchanges and work terms in

Mexico, Nicaragua and Ecuador.

“It was challenging to try to speak broken Portu-

guese… but I eventually found a place to live, got

set up and made some friends.”

Navigating the language can often turn into

navigating the politics of group work when traveling

abroad to study for an MBA. Pauley knows

this first-hand. “I remember working with one

group in particular where there were eight people

and every single one of us was from a different

country,” she says.

“You get a lot of different personalities and

ways of doing business… so you have to sit

back and listen and look at the situation,

asking yourself how you can approach the issue

from a different perspective depending

on where others are coming from because of

their cultural backgrounds.”

Pauley isn’t alone in her experiences. More and

more students are choosing to pursue their MBA

in another country, spending as little as a semester

and as much as two years abroad.

Students from the Schulich International MBA

program visited a total of 13 countries in

2014 to complete a work-term semester, up

from 12 the year before, says program director

Alexandra Campbell. The countries range from

close to home (the U.S.) to halfway around the

world (Bangladesh).

Campbell says that there has been increased

interest among students to work and study in

Asian countries.

“They’re the fastest growing economies,” she

says, “and the interest is partly due to the job

opportunities that are available there.”

If it’s a job they’re after, MBA students who go

abroad to complete a work or study term get a

double dose of allure to add to their resumé, says

Campbell. “It gives students an opportunity to get

a degree that is recognized by Canadian compa-

nies, but also gives them an international perspec-

tive, not only on language, but on how business is

actually done in different cultures.”

Potential employers don’t only look at the degree

in your hands, but also the degree of difficulty

in achieving that accomplishment. This is where

studying abroad has its merits.

“Companies… like the idea of someone who can

thrive in challenging environments,” says Pauley.

“They know that you’re not scared to take on new

projects and be in unchartered waters because

you’re comfortable with that sort of situation and

you’ve been in that situation more than once.”

Not everyone’s experience of studying for their

MBA in a foreign land is as positive as Pauley’s,

says Phanindra Deonandan, assistant director

of internship at Schulich. However, a negative

experience abroad doesn’t mean it was a waste,

she says.

“There are some who don’t enjoy their time

abroad… but this can help those students realize

that this isn’t the path they want to go down for

their career, and that’s beneficial too,”

says Deonandan.

…NEED GLOBAL EXPERIENCE

The decision to go abroad to pursue an MBA

is not one to be taken lightly. It takes a lot of

research into the cultural nuances of both school

and business to be successful in another country,

says Pauley.

“Studying abroad gives you that perspective that

you have to do your research if you’re going to

be working with someone from another country,

because you don’t want to accidently offend

them,” she says.

“For example, in many Latin American coun-

tries, if I have a meeting with someone, I’ll ask

them how their day is going or how their family

is. It’s really important to talk about those things,

because if you jump right into business… it’s seen

as rude.”

While it’s crucial to equip yourself with practical

knowledge before traveling for your MBA, it’s

just as essential to invest in some self-reflection,

says Pauley.

“A big thing is knowing yourself,” she says,

“knowing your own cultural biases and being

aware of them. Learn to value diversity… because

when you go abroad, you’re immersed in a culture

that’s not your own. It’s not like traveling, because

“Companies… like

the idea of someone who

can thrive in challenging

environments. They know

that you’re not scared to

take on new projects and

be in unchartered waters.”

6 FALL 2014 CAREEROPTIONSMAGAZINE.COM/MBA

Page 7: CO MBA Fall 2014

you’re on your own and you have school projects and probably roommates

from other countries.”

There is only so much you can prepare for when you go abroad, says

Deonandan, and some of challenges can come out of nowhere.

“When you arrive in a different country, there are always going to be things

you don’t expect,” says Deonandan. “It could be something as big as finding

accommodation or getting comfortable with a regional dialect, but most

of the time it’s probably cultural practices in the workplace or classroom.

There’s a lot of nuanced behaviour that you might not be aware of before

you arrive in an environment.”

In the end, Pauley says, it is you and you alone who controls how good or

how bad the experience is when traveling abroad to get an MBA.

“You’re responsible for your own experience,” says the Schulich alumna,

“and you have to be a leader in that sense. I did meet a lot of people who

went abroad and didn’t necessarily like the experience and that’s because

you need to be able to step outside of your comfort zone, explore the culture,

eat the food, taste the wine and make new friends.”

The triumphs outweigh the trials of pursuing an MBA abroad, says Pauley,

who recommends it to anyone considering the option.

“Do it, for sure,” she says.

“I’ve found that going outside of Canada can shape the way that you think

about your everyday challenges and how you approach them. I know it’s

scary to step outside of your comfort zone, but I encourage everyone to go

out there and do just that, because that’s where the best things happen and

that’s where you really discover what you’re capable of.” CO

MARC COUSINEAU is the founder and

president of Incline Marketing, a social media

marketing company working with non-profit

organizations and professional associations.

He is a graduate of Carleton University’s

School of Journalism. He currently lives in

Toronto where he dutifully cheers on his

hometown Maple Leafs.

CAREER OPTIONS MBA FALL 2014 7

For more information, please visit:

schulich.yorku.ca/imba, careeroptionsmagazine.com.

Page 8: CO MBA Fall 2014

Our MBA is an investment in your future, with an intensive program that

blends classroom learning with practical applications and real-world

experience. Our students enjoy small class sizes, a diverse international

student body, accessible faculty and a dedicated staff. All these elements

work together to hone the skills you need to compete and succeed in the

global marketplace. The program is designed to encourage students to

think creatively and develop business ideas that can lead to entrepreneurial

opportunities upon graduation. Students will benefit from the entrepreneurial

mindset and leadership capabilities of our faculty members.

CONCENTRATIONS

Our program offers four streams and two program options. International Business gives you the opportunity to gain a deep understanding of doing

business in other trade regions by pursuing studies in North America,

Europe and Asia. Entrepreneurship and Technology Management includes

an active role in a new venture or an established technology firm. General Management students may compose a broad program of study and

work experience that helps them along their chosen career path. Project Management will prepare you to challenge the PMI examination and gain

either the PMP or CAPM designation. Alternately, you may complete research

within any of the streams with a UNB Saint John faculty member.

WHY UNB SAINT JOHN? UNB ranks among the top four comprehensive universities in Canada,

according to the Maclean’s annual ranking. We offer scholarships of up

to $10,000 for full-time students, an Individual Effectiveness Program

that enriches your leadership potential, as well as a Corporate Mentorship

Program that builds your competitive edge by matching you with an

executive mentor. A low student-to-professor ratio guarantees access

to respected educators and visiting scholars. UNB offers value for your

investment. A compact, comprehensive, cost-effective one-year program

minimizes both your real cost and your opportunity cost.

Types of ProgramsMaster of Business Administration with concentrations in: Project Management, Entrepreneurship and Technology Management, International Business, and General Management.

Length of Program12 to 15 months. The International Business stream requires 15 months due to a study abroad requirement.

Tuition Fees$18,000 for domestic students and $24,500 for international students

Application Fees$100 application fee

Entry Requirements• CGPA of 3.0 (based on a 4.3 scale) or “high B”

standing in an internationally recognized 4-year bachelor degree or equivalent; 3-year honours degree with at least a second class standing will be considered.

• Minimum GMAT of 550. The GMAT may be waived for students with a 3.2 or higher CGPA.

• For international students: TOEFL score of 580 (237 CBT; 93 IBT) and TWE of 4.5; CAEL 60; IELTS 7; or equivalent.

• Minimum of two years of relevant post-graduate work experience.

• Personal statement.

• Apply by May 30th to be eligible for bursaries. Bursary details are available at www.mba.unbsj.ca/apply/FinancialAid

Job Acquisition Statistics• 35% employed to graduation• 78% within 6 months• 100% within 12 months• Average salary: $65,000

A D V E RT O R I A L

Offered by the oldest English-language university in Canada, the University of New Brunswick Saint John’s Master of Business Administration (MBA) program provides a world-class education and one of the shortest payback periods in North America for one-year or part-time MBAs.

CONTACTNAME: SARAH CRAIG EMAIL: [email protected]: 506-648-5973 WEBSITE: MBA.UNBSJ.CA

EXPERIENCE THE ONE-YEAR MBA AT UNB SAINT JOHN

Page 9: CO MBA Fall 2014

Swati Trivedi worked as an oncologist in

India. She always asked her patients

about their days and how they were

feeling. Much of the time, patients

responded with complaints about the bus sched-

ule that took them to the hospital or the chal-

lenges of navigating through various departments

at a tertiary medical centre.

“These are bigger concerns to them than what

the physicians are trying to address,” says Trivedi.

“If somebody can help them with making these

things streamlined, their lives would be signifi-

cantly better, or at least they wouldn’t be worrying

about these smaller things.”

Trivedi decided that she wanted to solve these

sorts of problems outside the clinic setting. She

looked into schools in the U.S. and Canada, and

eventually chose to pursue her Master of Business

Administration (MBA) at the University of Toronto’s

Rotman School of Management with a specializa-

tion in healthcare.

Trivedi graduated from Rotman this past May, and

interned at Johnson & Johnson in the summer

of 2013. From there, Johnson & Johnson hired

her as an associate product manager. She and a

supervisor manage equipment used in cardio-

vascular procedures.

Canadian Business magazine’s list of Canada’s

100 Best Jobs for 2014 ranked “healthcare

manager” as fifth best. With our country’s aging

population, Canadian Business predicts that

the sector’s job market will grow by 15 percent.

Healthcare managers already receive a median

salary of $87,360, which is expected to grow 14

percent over the next five years.

“The industry in Canada is so alive right now.

There’s so much change, and people are talking

about it,” says Trivedi. “Opportunities would have

increased, and they would be more well-defined.

People will be looking for a candidate who has a

passion for healthcare and some business acu-

men to come in and support the transformation.”

Trivedi cited how hospitals are trying to increase

efficiency and improve customer service by working

with each other and cutting wait times.

Almost all the business-related jobs in the top ten

of the Canadian Business Best Jobs list are spe-

cialized, whether in healthcare, human resources

or finance. Specializing in these industry verticals

during their MBA studies gives students an edge.

“Specializations help to anchor the business

fundamentals in a concentration or industry niche,

which allows students to think about their learning

in an applied way,” says Leigh Gauthier, Rotman

acting director, recruitment and admissions for

full-time MBA.

Saad Ahmad took a different approach to his MBA

specialization at Queen’s University. He knew he

wanted to get his MBA and become a Certified

Management Accountant (CMA). Queen’s allowed

him to get the MBA within one year and then take

his CMA online for six months.

UPWARD MOBILITY: FOCUS ON YOUR CAREER VERTICAL

By Sabina Wex

CAREER OPTIONS MBA FALL 2014 9

For more information, please visit:

rotman.utoronto.ca, business.queensu.ca

Page 10: CO MBA Fall 2014

3 Oil & Gas Drilling Supervisor

$72,800 4 Primary Production Manager

$110,240

5 Health Care Manager

$87,360 6 Human Resources Manager

$81,994

7 Head Nurse & Medical Supervisor

$76,960 8 Social, Community & Correctional Services Manager

$67,600

9 Financial Administrator

$82,992 10 Electrical & Telecommunications Contractor

$72,800

Public Administration Director

$97, 0742Lawyer

$79,9971

Rank Job TitleSalary, Job Outlook

“When you’re done with your CMA, if you’re an

accountant, I can go up in accounting a lot more

because I have that knowledge to audit or to sign

off,” says Ahmad.

While pursuing an MBA certainly will help you

grow horizontally, allowing you to take your

employment opportunities across the world,

tailoring your MBA to a particular specialization

will help you to grow vertically. This, for many

MBA candidates, is essential for advancing

within companies and industries. CO

SABINA WEX is

in her second year

at the University

of King’s College

studying Classics

and Early Modern

Studies. She is

the assistant news

editor for the

Dalhousie Gazette.

The Top 10 Best Jobs in Canada 2014Based on salary and job outlook

Source: canadianbusiness.com

Page 12: CO MBA Fall 2014

12 FALL 2014 CAREEROPTIONSMAGAZINE.COM/MBA

Page 13: CO MBA Fall 2014

T hanks to technology, pursuing an MBA doesn’t mean you have

to change cities or hit pause on your career and social life. More

and more universities in Canada have made the move to online

MBA delivery options in order to cater to a growing group of profes-

sionals who want to advance their education without moving or leaving work.

As of now, only a handful of Canadian universities offer fully web-based MBA

programs. Many schools have distance-learning options where some course

work is completed on campus and some online.

From increased flexibility to communication challenges, what are some of

the advantages and drawbacks of trading in notebooks and lecture halls for

keyboards and monitors?

MORE FLEXIBILITY Online MBAs are clearly a more flexible option than traditional programs.

Unlike on-campus courses, students don’t need to move to where their

school of choice is located, or leave jobs to attend class throughout the week.

“A program like an MBA appeals to working professionals,” says Victoria

Martin, the MBA program director at Thompson Rivers University. “They’re

seeking out the online options because they require that flexibility to be able

to advance their education.”

Online MBA programs offer varying levels of flexibility. Some schools, such as

Athabasca University, offer virtual courses without set lecture times. Students

can participate in discussions and group work whenever is most convenient for

them, notes Alain May, director of Athabasca’s Executive MBA program.

Other universities have set lecture times when students must be online to

participate, such as the MBA program at the University of Fredericton. These

live lectures give students a chance to directly interact with professors and

peers, although they have the potential to lead to time zone conflicts, says

Blair Lipsett, an MBA student at the university.

Lipsett is located in Atlantic daylight time, while most of his professors are

located in Eastern Standard Time (EST).

“Thankfully I haven’t had any professors who have had a class that’s too late

for me,” he says. “But if I get a professor who’s in California and wants to run

his class on Pacific time, then I’m staying up until midnight to take advan-

tage of those courses.”

The university is aware of time zone challenges when planning courses, says

David Large, dean of the Sandermoen School of Business at the University

of Fredericton. Online classes normally start at 7 p.m. or 8 p.m. EST to avoid

conflicts with students on the East and West coasts.

VIRTUAL INTERACTION What students gain in flexibility, they may lose in terms of face-to-face group

work and collaboration with peers. Many online programs are using new

technology in an attempt to replicate traditional classroom communication.

The University of Guelph, which offers an integrated MBA program with both

on-campus and online coursework, uses video technology that allows more

than 20 students to communicate with each other at once, says Sylvain

Charlebois, the university’s associate dean of research and graduate studies.

“The image is good enough to see someone’s expression, which is really

important when you’re trying to convey a message to people located in differ-

ent places around the world,” he says.

Although the university uses innovative technology to bridge the virtual gap,

Charlebois notes that it will never be quite the same as sitting down face-to-

face to communicate.

“You can’t replace real-time exchanges, but you can always try to enhance

online delivery,” he says.

CLICK YOUR WAY TO AN MBA: ONLINE DEGREES AND WORK-LIFE BALANCE

By Vanessa King

CAREER OPTIONS MBA FALL 2014 13

Page 14: CO MBA Fall 2014

Enhancements that many universities use include

Skype, Google Docs, email and other virtual collab-

orative tools. Still, communication continues to be

a work in progress for many online MBA programs.

“We’ll never be able to truly emulate the

interactivity that you get in the classroom, but we

do our best to encourage the students to connect

with each other, to work together and to really

build a network,” says Martin.

CASTING WIDER NETWORKS Student networks built through online MBAs are

also different from those forged in traditional pro-

grams. As a result of online programs’ flexibility,

students have the opportunity to connect with

peers involved in different sectors and located internationally.

“Being able to interact with people from all over the world is a big advantage

to online MBAs,” says Jan Reischek, a graduate of the Athabasca University

online MBA program. “I met and collaborated with so many people with

diverse backgrounds and experiences.”

This is a unique opportunity offered to online MBA students, as traditional pro-

grams tend to attract people from similar places and backgrounds, May added.

“If you’re in one particular place, you’ll get a lot of students in a particular industry,”

says May. “[In online programs] you hear a really international perspective

and you get a lot of different industries represented in your courses.”

Along with the opportunity to network with peers, online MBA programs also

stress that students connect with leaders from the business world. Most

programs live-stream speakers and presentations so that distance students

can benefit from the same opportunities as those studying on campus. Many

universities also offer mixers and other events to encourage networking

between students and industry leaders.

REAL-WORLD PREPARATION From live streams of speakers to virtual networking with peers, online pro-

grams encourage students to embrace technology and think differently when

it comes to business, says Martin.

By encouraging the frequent use of web collaboration tools, these online

programs are teaching students how to work in “virtual teams”—a necessary

skill in today’s workplace, she says.

“In the business world these days, you’re not just going to be working with

colleagues who are in the office next to yours,” she says. “You’re often going

to be working with clients, colleagues, partners

who may be located anywhere in the world.”

Students in online MBA programs are also taught

to be comfortable working in “asynchronous envi-

ronments,” added Reischek. “Communicating this

way is incredibly different than traditional class-

room methods, but becoming more common,” she

says. “[Online MBAs are] a great way to learn the

best practices for that type of communication.”

THE FUTURE OF ONLINE MBAS With so many advantages to studying online, it’s

not surprising that more universities are turning

their attention to online MBA programs.

A lot has changed since Athabasca University created its online program in

1994 and had to mail floppy disks to students. More and more “brick and

mortar” programs are joining the university in the online sphere, May says.

This trend will only continue, according to Large. In the United States there

are hundreds of online MBA programs, and many of the country’s top

schools offer online options with the same curriculum, professors and rigor

as their on-campus programs, he says.

The MBA sphere in Canada has already seen a shift online, with most MBA

programs adopting some kind of web-based coursework to complement

in-classroom curricula, he says.

As potential MBA students become busier, universities will find it more

necessary to offer the benefits associated with online programs, Martin says.

“Increasing flexibility and more options to be able to study in a flexible environment

will become more and more desirable, and I think programs will respond in

increasing their options,” she says. After all, that’s what attracted students like

Lipsett and Reischek to online MBA programs—and they have no regrets.

“I’ve had nothing but the best experiences and enjoyed my online MBA

program more than I ever enjoyed my on-campus college and university pro-

grams,” Reischek says. “The flexibility allows you to continue working toward

your career goals and still maintain some work-education-life balance.”

Whether you’re interested in flexibility, international networking or a tech-first

approach, the online MBA offers some major perks to any student considering

furthering their education. CO

VANESSA KING is a recent Carleton

University journalism graduate. She currently

works as a producer at an Ottawa-based

public affairs agency. You can follow her on

Twitter @vanessanking.

“IN ONLINE PROGRAMS YOU HEAR A REALLY

INTERNATIONAL PERSPECTIVE AND YOU

GET A LOT OF DIFFERENT INDUSTRIES REPRESENTED IN YOUR

COURSES.”

14 FALL 2014 CAREEROPTIONSMAGAZINE.COM/MBA

For more information, please visit: tru.ca/business/

mba.html, business.athabascau.ca/mba, ufred.ca, uoguelph.ca

Page 17: CO MBA Fall 2014

Canada is a remarkably diverse country. This reality is

apparent in the way our large cities strikingly contrast

with our vast forests and plains. It’s palpable in the micro-

cultures that shape the ideas and laws that govern our

provinces and territories. But no more is this idea of diversity more

evident than in how the people who live here communicate

with each other.

For example, in 2011, Canada’s foreign-born population totaled about

6,775,800 people, or 20 percent of our population—the highest

proportion among G8 nations, according to Statistics Canada. The

more interesting fact is that over 50 percent of them reported being

able to speak in two languages, and nearly 20 percent were proficient

in at least three. What’s more, according to the same survey, over 200

languages are being spoken at home in Canada. That’s a tall number

given that we only have two official languages: French and English.

Many people speak multiple languages to maintain relationships: a

mother tongue to communicate with immigrant relatives at home, and

then English or French with colleagues and clients at work. Others

grow up simply learning two languages in school. Whatever the rea-

son, out of necessity or interest, being able to communicate in mul-

tiple languages is an extremely valuable asset when it comes to your

career. So if you’re currently monolingual, it’s worth asking yourself:

are you missing out on opportunities to broaden your horizons or grow

relationships? Should you consider learning a new language?

Let’s look at the benefits of learning a new language. At the basic level,

it would help you to achieve the following:

• Open up new opportunities to communicate with a greater

number of people;

• Allow you to differentiate yourself from other job candidates with

similar skills and experiences; and

• Improve your memory, decision-making skills and multitasking

skills (according to multiple studies by the University of New

Brunswick, the University of Chicago and Pennsylvania State

University, respectively).

The benefits are clear. But ultimately, pursuing this course of action

must be justified for your current situation. You need to take a stra-

tegic approach, and reflect on how this new competency would mix

with your current cocktail of knowledge, skills and experiences. Not

only that, you need to think about what language is worth acquiring.

One way to go about this is to weigh the value of learning languages

that many people already speak, or the languages that may soon be in

demand. According to the 2011 Census, English, French, Mandarin,

Cantonese, Chinese (unspecified), Arabic and Punjabi are the most

commonly used languages in Canada’s major cities. So here are a few

things to think about:

• What are the different values attributed to different languages?

• What language’s usage is rising the most (in 2011, it was Tagalog)?

• What is the language of your customers or prospective customers?

• Where (what industries and geo-locations) are new market

opportunities emerging?

Let’s say you’ve contemplated those points and decided. You can’t

pretend that learning a new language isn’t a massive undertaking.

It is. However, you can take solace in knowing that Canada’s current

bilingual Governor General, David Johnston, didn’t actually learn

French—essential to his current role—until he was 37, after he moved

to Montreal, according to The Globe and Mail. It’s never too late.

You also need to survey your options for ways you will learn. You

can do this through audiotapes and podcasts; structured language

training courses; living in another city or a foreign country; listening to

international music and watching foreign media; and computer pro-

grams such as Rosetta Stone and Pimsleur, among other ways. Find

what works best for you. Oh, and before you get started on what may

seem for some people like a long, ambitious and challenging journey,

remember that you’ve technically already done this before (you’re

reading this, right?). You can do it again. CO

By William Johnson

WILLIAM JOHNSON is an Ottawa-based

student engagement and communications

professional working at the post-secondary

level. He blogs about productivity, personal

development and digital culture. Follow his

insights at williamjohnson.ca and on Twitter @notionport.

LEARNING A NEW LANGUAGE

CAREER TURNING

POINTBy William Johnson

CAREER OPTIONS MBA FALL 2014 17

Page 19: CO MBA Fall 2014

Every year, thousands of undergraduate students from across

Canada make the decision to pursue a Master of Business

Administration (MBA) degree. It’s no wonder: MBA graduates are

recognized internationally as examples of academic excellence

and professionalism.

Most MBA hopefuls tend to focus on achieving a high Grade Point Average

(GPA) and stellar Graduate Management Admission Test (GMAT) scores. But

while these factors are important, they do NOT guarantee you a place in an

MBA program! The key to getting accepted into your school of choice is how

successfully you personalize your application package, and differentiate

yourself from other applicants with similar qualifications.

PREPARE FOR THE GMAT The GMAT measures a diverse set of valuable business-related skills. It’s a

challenging test, to be sure, and it is recommended that you prepare at least

six months in advance. Make sure to target a competitive score of 600+ and

study using a variety of textbooks and online resources. Do practice tests

and a diagnostic exam to identify your strengths and weaknesses, so you

can learn from your mistakes and figure out how to focus your improvement

efforts. If you still do not feel prepared, consider enlisting the help of a quali-

fied private tutor who has experience and a high GMAT score.

PLAN FOR DEADLINES When considering an MBA, recognize the advantage of having ample time

for the application process. Although a range of different schools may appeal

to you, weigh the pros and cons to see if each school’s program relates

to your future goals. Once you have finalized a list of around six schools,

customize your resumé, essay or statement of intent, and reference letters to

suit the requirements of the individual institutions.

Ensure your entire application package is consistent and highlights the skills

and assets that make you unique as an applicant.

KNOW YOUR STRENGTHS AND WEAKNESSES If your GPA and GMAT scores aren’t particularly high, you can still get into

an MBA program. Even though the GPA and GMAT demonstrate the basic

level of required knowledge and skills, admission officers are looking for well-

rounded candidates with real potential to succeed in the business world—for

example, individuals with leadership skills who inspire and bring out the best

in others.

Knowing yourself is an essential part of the application process and your

success in the program. Prepare ahead by brainstorming a strategic and

authentic approach to your application that plays to your strengths. Tell a

consistent and personalized story that solidifies your reasons for seeking an

ACE YOUR MBA APPLICATION: Tips, Strategies and Practices for Your Best Presentation

By Sarah Whittaker

CAREER OPTIONS MBA FALL 2014 19

Page 20: CO MBA Fall 2014

20 FALL 2014 CAREEROPTIONSMAGAZINE.COM/MBA

MBA. Admissions officers will have a better understanding as to your motiva-

tion for pursuing an MBA, and also gain insight into your character.

ADJUST YOUR RESUMÉ AND SECURE LETTERS OF REFERENCE Complete your resumé by objectively assessing your strengths and weak-

nesses, and take the time to improve any gaps. Highlight full-time experience

that demonstrates responsibility, initiative and management of projects,

budgets or people. Broaden your network by connecting in advance with

individuals who can provide strong letters of reference. Be courteous and

ensure they have ample time to complete the recommendation forms. Your

resumé and reference letters are a chance to highlight skills that go beyond

the classroom.

Applying for an MBA can be a stressful and scary endeavour. Preparing in

advance will give you time to customize your application package and tell

a consistent and personal story. If you work hard to make sure you stand

out in a positive light, your chances of getting into an MBA program will

improve dramatically. CO

SARAH WHITTAKER is a student at

the University of Ottawa’s Telfer School of

Management specializing in finance. She

currently resides in Ottawa, Ontario.

WHAT TO DO WHEN APPLYING FOR AN MBA »

Page 22: CO MBA Fall 2014

LinkedIn is a great tool for students and new graduates looking to

make connections and start a career in their chosen field, but to be

honest, there’s really nothing like the original LinkedIn: professional

associations.

Professional associations have been hooking up young professionals with

great networking opportunities and jobs way before it was cool to do it online.

Membership in an association comes with all sorts of benefits, especially for

students wanting to jumpstart their careers.

Here are four ways students can get ahead by joining an association:

NETWORKINGJoining an association can offer

you many opportunities to tap

into the business circles of some

of the most successful, well-

connected and well-respected

people in any industry. Confer-

ences, local chapter events and

volunteering on committees are

all great occasions to talk to those

who have years of experience.

Use these events to learn from

them and to start building key

relationships, which could help

when applying to jobs later.

SUCCESS BY ASSOCIATION: WHY JOINING A PROFESSIONAL ASSOCIATION CAN HELP YOUR CAREER

By Marc Cousineau

“Associations give you the chance to pursue your passion and hone your skills in a supportive environment.”

22 FALL 2014 CAREEROPTIONSMAGAZINE.COM/MBA

Page 23: CO MBA Fall 2014

EDUCATIONMany associations provide their members with the latest news and develop-

ments in their industry. They can also give you the resources to deal with

industry issues and practical advice on how to make the most of the newest

innovations. Associations may provide seminars, newsletters and access

to online articles, giving student members the tools to grow and improve

every day. This is the edge you may need to come out of school with both a

diploma and a job.

MENTORSHIPHarry had Dumbledore, Katniss had Haymitch and Luke had Obi-Wan. If you

want to be the best, you need to learn from the best, and that means having

a mentor. Both industry veterans and hot up-and-comers may be part of

your association. Some might even be eager to help you—the rookie—out by

showing you the ropes and giving you all sorts of nuggets of wisdom that they

have collected through the years. Participating in your association’s events

and initiatives will expose you to these people and give you contacts you can

call on when you need some advice.

RESUMÉ BUILDINGThere aren’t many things in life that make you feel as good as tacking on

another great experience to your resumé. Associations can help you fill that

space under “Volunteer Activities” or “Achievements” pretty fast. Whether

it’s volunteering on a committee, helping to organize an event or writing an

article for the quarterly trade magazine, associations give you the chance to

pursue your passion and hone your skills in a supportive environment. Hav-

ing these experiences will look attractive on your resumé, but they also help

you grow and improve.

Joining your industry’s professional association as a student or when you are

just starting your career is definitely worth the cost of membership and will

help you get a great start to the career of your dreams. CO

MARC COUSINEAU is the founder and

president of Incline Marketing, a social media

marketing company working with non-profit

organizations and professional associations.

He is a graduate of Carleton University’s

School of Journalism. He currently lives in

Toronto where he dutifully cheers on his

hometown Maple Leafs.

Page 24: CO MBA Fall 2014

24 FALL 2014 CAREEROPTIONSMAGAZINE.COM/MBA

MBA SCHOOL PROFILE

At Laurier we aspire to the highest levels of personal, professional, and academic accomplishment.

You will discover that a Laurier MBA opens many opportunities for you both personally and

professionally. Our students leave with more than an MBA—they are equipped and inspired to make a

significant difference in the world.

Students completing their MBA at our downtown Toronto campus in the heart of the financial district will

benefit from our alternating weekend schedule. It is the best part-time schedule in the city for working

professionals, allowing you to balance your work, studies, and personal life. Students at the Toronto

campus can pursue their general MBA with one of eleven specializations or one of two designations (the

CPA and the CFA®). Students studying at our Waterloo campus will complete their MBA in a part-time

evening schedule, or through the renowned one year full-time format. Strong undergraduates may apply

to the Laurier MBA with co-op option to gain eight months of valuable work experience while pursuing

their MBA.

ENHANCE YOUR GENERAL MBA WITH A SPECIALIZATIONTo gain a level of expertise, students can choose from a wide range of specializations, which include

international business, operations, supply chain management, and more. These specializations are

designed and delivered to suit each candidate’s individual career aspirations. Our faculty members

are leaders and researchers in their areas of specialization, and bring a superior level of expertise and

collaboration into the Laurier MBA classroom.

Students interested in innovation and entrepreneurship will benefit from Laurier’s LaunchPad program,

an experiential learning opportunity for students and alumni to discover, validate, and launch an

innovative new venture.

WHY CHOOSE THE LAURIER MBA?The Laurier MBA’s “Integrated Core” is a superior teaching model that seamlessly incorporates all of the

core fundamental business courses. This methodology gives students a unique classroom experience

through immersive learning vehicles, such as live integrated cases, company-based projects and

simulations. Our goal is to motivate the personal and professional development of all MBA students to

their full potential. The ability to communicate clearly and persuasively is an essential competency for

graduates of our program. This development starts on day one for our students. Additionally, students

receive a high level of individual support and assistance from the Laurier Career Centre to develop

strategies to meet lifelong career goals.

Types of ProgramsWaterloo Campus• Oneyearfull-timeMBA•MBAwithco-op• Part-timeeveningsMBA•MBAinEntrepreneurshipToronto Campus (Part-time)• AlternateweekendMBA•MBAwithCPA•MBAwithCFA®TrackOption• AcceleratedMBA• AcceleratedMBAforCMAs

Length of Programs• 12months(full-time)• 20months(MBAwithco-op)• 40months(part-timeMBA)• 48months(MBAwithCPA)

Areas of Specialization• Accounting• Entrepreneurship• FinancialManagement• Innovation&Entrepreneurship• InternationalBusinessManagement• Marketing• OperationsManagement• OrganizationalBehaviour&HumanResourceManagement

• StrategicManagement• SupplyChainManagement• NEW IN 2014: GolfandResortManagementMBAspecialization

Entry RequirementsGeneral Requirements• GPAofB(73%)• GMATof550• Minimumtwoyearsoffull-timework experience

Co-op Requirements• GPAofB+(77%)• GMATof600• Lessthantwoyearsoffull-timework experience

CONTACTRYAN PYEAR, WATERLOO PROGRAMS

[email protected] | 519-884-0710 x3499

MAUREEN FERRARO, TORONTO PROGRAMS

[email protected] | 519-884-0710 x6220

WEBSITE: LAURIERMBA.CA

A D V E RT O R I A L

An Inspired Approach to Business Education

W I L F R I D L A U R I E R

Page 25: CO MBA Fall 2014

MBA SCHOOL PROFILE

PRIVATE STATUSBond University is a fully independent, privately owned, not-for-profit organisation. This means 100% of tuition fees and other revenue is re-invested into our students’ education.

INDUSTRY CONNECTIONSUnleash your potential with access to our relationships with prominent organisations, such as Cisco, Deloitte, Disney, Goldman Sachs, Hilton, IBM, KPMG, Marriott, Microsoft, PwC, and Virgin Group.

EXCLUSIVE LOCATIONWe are situated in Gold Coast, Australia, arguably one of the most beautiful locations in the world, offering seemingly endless beaches, a wealth of dining and entertainment opportunities, and over 300 days of sunshine a year.

ELITE COHORTSThe average Bond MBA student is 31 years of age with nine years’ professional experience. With a near 50/50 gender split, and over 20 nationalities represented from Africa, the Americas, Asia, Europe and the Middle East, we have one of the most elite and diverse MBA cohorts in the world.

DEDICATED FACILITIESStudents have complete access to a range of state-of-the-art facilities, including our Macquarie Trading Room, featuring streamed market information from our 24 Bloomberg data terminals, used to simulate real-world trading environments.

PROGRAM FLEXIBILITYStudying and working simultaneously can be challenging. Students can choose to complete their MBA in 12 months full-time, or take advantage of our flexible options, including part-time enrolment, selected evening classes, and intensive Friday-Saturday-Sunday subjects.

MBA ORIENTATIONOur MBA program starts with an exclusive three-day O’Reilly’s Rainforest Retreat, designed to build a cohesive cohort that understands each other’s strengths, challenges, and differences.

INTIMATE SCALEMost importantly, our intimate scale of less than 5,000 students and one of the lowest student-staff ratios in the world delivers unparalleled access to facilities, networking opportunities, industry connections, international experiences, and a truly personalised education with professors who know you by name.

* 2013 Financial Review MBA BOSS Rankings

Duration1yearfull-time(3semesters)

IntakesJanuary,May,September

Entry Requirements• Qualityundergraduatedegreefromarecognisedinstitution

• Curriculumvitaedocumentingaminimumthreeyears’professionalexperience

• Coverletterdetailingyourcareergoals,futureambitionsandexperience

• Twoprofessionalreferences• InterviewwiththeMBAProgramDirector

Program StructureStudentsmustcompletethefollowingsubjects:• MBAOrientation• AccountingPrinciples• StatisticalMethodsforBusiness•ManagingPeople•MarketingManagement•ManagerialFinance•ManagerialEconomics•ManagementAccountingandStrategy• InternationalBusiness• Entrepreneurship&Innovation• BusinessStrategyPlustwofreechoicepostgraduatebusinesselectives.

MBA SpecialisationsByundertakinganadditionalsemesterofstudy,youcangraduatewithanMBAspecialisation:•MBA(Finance)•MBA(Marketing)

Career OutcomesGraduateshavehighlydevelopedplanning,analytical,andinterpersonalskillsthatenhancetheirabilitytosuccessfullymanageinaglobalbusinessenvironment.AccordingtoForbes (2014),MBAgraduatesalariesareatleast50%higherthanthosewithoutanMBA.

Tuition Fees$49,104AUD

CONTACTEMAIL: [email protected]

PHONE: +61 7 5595 1024

WEBSITE: WWW.BOND.EDU.AU/MBA

A D V E RT O R I A L

Bond MBA: The One By One Difference

B O N D U N I V E R S I T Y

CAREER OPTIONS MBA FALL 2014 25

MBA SCHOOL PROFILE

Page 26: CO MBA Fall 2014

26 FALL 2014 CAREEROPTIONSMAGAZINE.COM/MBA

MBA SCHOOL PROFILE

Offered by the Shannon School of Business at Cape Breton University (CBU), a public institution established in Sydney, Nova Scotia, Canada in 1974, the MBA in Community Economic Development (CED) program provides options for students starting their career or professionals advancing their career.

Global competition and technological change are driving today’s economy and organizations realize that they require leaders who understand the dynamics and complexities of growth, innovation, and community. This is what drives the demand for multidisciplinary MBA programs. A combination of business, leadership, and development fundamentals, the MBA in CED prepares students for transformative careers in business, government, or community organizations.

CBU’s MBA in CED is a flexible option regardless of your location. You can earn your MBA over 12-15 months as a full-time student on campus, or as part of a 26-month program that requires three July residencies, or as part of a 26-month program that takes place on alternate weekends in five Canadian cities.

SPECIALIZATIONSThe MBA in CED consists of 13 core courses, 2 elective courses, and an Applied Research Project (ARP). One can earn an Option when one completes the 2 electives and the Applied Research Project in the same area. Options include: International Business, Strategic Leadership, Tourism, Marketing, Public Policy, Sustainability, First Nations, and Peace-building.

WHY CBUThe Canadian Business magazine observed that students who pursue the program on campus “can’t help but fall in love with Cape Breton’s friendly vibe and breathtaking scenery.”

CBU supports students in their learning, with small classes, committed faculty, writing centre services, student placement services, and hands-on research projects.

With more than 1,000 international students on campus, CBU’s MBA students find themselves in a rich multicultural immersion environment that helps improve cross-cultural, interpersonal skills.

“Working in administration and stakeholder engagement, CBU’s MBA helped further develop my business and management skills and broaden my professional opportunities,” said Amanda Tarr, Community Resources Advisor, Innovacorp. “I really enjoyed my classes as the diverse backgrounds of my fellow students enhanced classroom discussions and the overall learning experience.”

Types of ProgramsMBAinCommunityEconomicDevelopmentwithOptionsin:InternationalBusiness,StrategicLeadership,Tourism,Marketing,PublicPolicy,Sustainability,FirstNations,andPeace-building

Length of Program• Full-timeprogram:12-15months• Part-timeweekendprograminselectCanadiancities:24-26months

• Part-timeJulyshort-residencyprogram:26months

Tuition FeesCanadian students• Full-timeprogram:CAD$21,771• Part-timeweekendprogram:CAD$32,650-38,800,dependingonlocation

• Part-timeJulyshort-residencyprogram:CAD$21,771

International students• Full-timeprogram:CAD$32,155

Entry Requirements• Threestartdatesperyear(January,July,September)

• Opentograduatesfromanydegreeprogram

• B+standinginarecognized4-yearbachelordegree

•MinimumGMATscoreof500,withbalancedverbalandquantitativescores;theGMATmaybewaivedforstudentswhocompletedtheirpost-secondarystudiesinaCanadianuniversity,andearnedaB+averageinqualitativeandquantitativecoursesorhavemanagerialexperience

•Workexperiencepreferred,butnotrequired

• International students:TOEFLscoreof550(213CBT,80IBT);IELTS6.5;orequivalent

Application fee:$88.ApplybeforeMarch31forJulyorSeptemberadmission.ApplybeforeOctober31for Januaryadmission.

CONTACTEMAIL: [email protected]

PHONE: +1 902 563 1664

WEBSITE: WWW.CBU.CA/MBA

A D V E RT O R I A L

An MBA for Leaders in a Changing World

S H A N N O N S C H O O L O F B U S I N E S S AT C A P E B R E T O N U N I V E R S I T Y