Q&A with American McGill Management Student (2015)

So I saw the other Q&A thread which seemed to be 2 years old so I though why not do one for students this year?

I’m a current American 1st year Desautels student living in Upper Rez. Feel free to ask me literally anything: life at McGill, life in management, life in Rez, transitioning to Montreal/Canada, AP Credits, extracurriculars, student permits, phone plans, bank accounts, NEXUS, etc. etc.

MODERATOR’S NOTE: Anyone is free to ask or answer questions in this thread.

My daughter was recently accepted to McGill (Faculty of Arts) and is very excited about attending. She has not been able to visit the campus, so all we know about it is what we’ve seen on the web. I would love to hear what your first year experience has been like. My daughter will be coming from a relatively small town in Alaska, so there is the culture shock thing, but really, what is Montreal like? I’ve heard it’s a beautiful city. Is it easy to get around? Where exactly is the campus? Is it in the city proper or is it on the outskirts? How difficult was it for you to get all the international paperwork done? How are the residence halls? See, lots and lots of questions. Any information you could provide would be most helpful. Thank you.

Hi! Wow I’m so happy to have found this thread.
I got accepted into McGills Desaults program. I’m from Berkeley, California so obviously it would be a big move for me.
Is the weather tolerable? Is the social life really good, and are there cool people? Are there good professors and how are you liking the program in General?

I’m visiting McGill next week to check it out, I’m very excited. However I also got accepted into University of Washington Foster school of business, so that’s another top choice for me. Thanks!

@JuneauMom‌

In terms of culture shock, I didn’t really find it that much different from the States. McGill is located smack in the middle of downtown Montreal, and you probably have already heard the phrase “McGill Bubble”, and it certainly is true. In case you haven’t, the McGill campus and surrounding neighborhood is predominantly English speaking and Anglophone, and not as heavily influenced by French culture as other parts of Montreal/Quebec. Pretty much everybody Montreal will be at least semi-fluent in English and everybody working in the service industry, from banks to restaurants, will be fluent in both English and French as well. If you stay within the bubble, it won’t really feel that much different from living in the States with the exception of all the signs being in French. There’s also alot more to Montreal outside of the McGill Bubble which I’ve only gotten little tastes of as a 1st year, so I can’t comment too much about that. And the city certainly is beautiful, especially from the top of Mount Royal. And living in Montreal can certainly be cold, but probably not as much as Alaska.

For a US Citizen, the international paperwork wasn’t too bad. Now, you should definitely double-check everything I’m saying here since I’m not an immigration expert or anything, but for Americans you only need to apply for a CAQ and Study Permit, both of which can be done online. You have to apply for the CAQ first, and after you’re approved for that you apply for your study permit, which you can either do online or at the border crossing if you bring all the paperwork. If you do plan on attending though, you should start your paperwork ASAP. You can find out more on Canada’s site here: http://www.cic.gc.ca/ctc-vac/getting-started.asp

Getting around McGill/Montreal certainly isn’t difficult. You can get from the two furtherest corners of the downtown campus in a 10-15 minute walk. If you live in any of the Rez’s except for Solin or the McGill Ghetto, the campus is only a 5-10 minute walk away. If you live further away, there’s always the metro (subway) which is pretty cheap. And of course there’s always bus service (including an express bus to and from the airport), and taxi/Uber in the city.

Now in terms of the Residence Halls, I live in Upper Rez (Gardner, McConnell, Molson), which is more of a traditional college dorm experience. I would say that Upper Rez definitely are the most social ones, and things can get pretty rowdy on the weekends (and often the weekdays as well), but studying certainly is possible as well. Of course there are also other residences as well as such as the ones that used to be hotels (New Rez, C4, Cit), RVC, Douglas Hall, etc. etc. which I’m not as familiar with, but you can check out the Unofficial McGill Guide here: http://www.unofficialmcgillguide.com/residence-reviews/ for some other student opinions.

@youngscholar4797‌

I’m from the northeast, so adapting to Montreal wasn’t THAT hard for me. But if you’re from Cali, it probably will be harder to adapt, but certainly not impossible (I think I met a couple of guys from California here). It can get cold in Montreal in the winter, but you shouldn’t have too much of a hard time if you invest in one or two nice winter coats. They do a fairly decent job of shoveling snow quickly in the winter, but keep in mind that classes will pretty much NEVER close for weather conditions until it reaches near apocalyptical levels, so you may have to walk through a snowstorm or two.

Now as you’re probably aware, the drinking age in Quebec is 18, and alcohol is allowed on all the Rezzes. I’m in Upper Rez myself, which are definitely the most social Rezzes as well as having the biggest partiers, there are people pre-gaming in the common room almost every weekend and alot of weekends as well. There’s a house party at someone’s apartment in the McGill Ghetto pretty much every night of the week as well. Of course, there’s no pressure to join and it’s not hard to find your own little niche. There are also a jllion nightclubs and bars within a 20 minute walk from Rez/Ghetto (if you’ll like be you’ll probably get quickly acquainted with the 1st year clubs like Tokyo and Korova).There’s a pretty vibrant EDM scene as well, and I saw a couple of big name performers this year (Steve Aoki and Dillion Harper). Greek life at McGill is pretty small though, and there’s not that much of a social scene revolving around McGill athletic teams. Can’t forget frosh of course, which is basically a week of partying before school starts (there’s also Hype Week/Carnival/Faculty Olympics which you can do if you want to re-live frosh week).

I think the Bcom program is pretty solid at McGill. I’ve enjoyed all the profs I’ve had so far, and most of the classes aren’t humongous in Management. All classes (with a few exceptions) in Management have to be curved between a B- to B, but if you study hard getting As certainly isn’t impossible. The McGill name is certainly strong internationally, and alot of major banks and consulting firms do on-campus recruiting and events.

Now if you’re entering as a U0 (under 24 credits), you aren’t actually allowed to take any management classes except for a couple of mandatory U0 classes, which means your schedule will be dominated be random non-management electives which can give a nice boost to your GPA early on. However, if you have some credits (from APs, etc.) but not enough to enter as a U1 (over 24), you can start taking a few management core classes during your first year if you want to, which I’d strongly recommend since it’d give you a leg up and more flexibility in your program later.

I was recently admitted to Desautels, and I would have enough credits to enter as U1. I was wondering if there is an advantage to starting as U0 though (assuming cost isn’t an issue)? Also, if I enter as U1, would I have to choose a concentration immediately? A few more questions as well:
1)what is the most competitive concentration/honors program, and which ones are most prestigious (I hear that honors in investment management only has like 10 spots).
2)What is the on-campus recruiting scene like? Which major Finance companies recruit at McGill (specifically from the US)?
3) What have you found to be the most important thing to focus on (from your experience) during the first year in order to further job prospects/chances to get into prestigious programs.
4) What is the social scene like for Desautels students.

Thanks

@Kstanz33‌

I believe if you enter as a U1, you technically do have to declare a major. However, changing majors in management is as simple as hitting submit on a form online. You wouldn’t be taking any major courses in your first year anyway, since you’d be taking core classes anyway (http://www.mcgill.ca/study/2015-2016/faculties/desautels/undergraduate/ug_mgmt_mgmt_core) which are the courses all management students have to take.

For the Honors in Investment Management program, you generally apply during your U1 year. And yes, it is pretty competitive, there are only around 10 spots for new students every year (and usually over 40 apply). To be competitive, you’ll need around a 3.7+ GPA (at McGill), while also having a demonstrated interest in finance (self-teaching yourself finance, prior finance internships, reading the WSJ everyday, etc. all help).

Many of the major bulge bracket banks and all the big Canadian banks have an on-campus presence. Most of the of OCR is primarily geared towards working in Canada, however plenty of grads manage to find their way to the US as well. The McGill Investment Club holds an annual finance convention to New York (as well as Toronto), and if you look on Linkedin, McGill grads do find their way to i-banking positions in the US. While it will require some more networking, it certainly isn’t impossible. Doing HiM definitely helps your odds, but a finance major with a high GPA and good extracurriculars will do well in recruitment as well.

For your first year, work hard at keeping your GPA up, do extracurriculars and get involved on-campus, and start hunting for internships early. It’s difficult for first years to find internships since most firms want juniors, but network and search far and wide, and having something is better than having nothing.

Social scene is very vibrant in Management. There’s 4a7 every Thursday in the Bronfman basement with $1 beers. The MUS hosts several concerts throughout the year (Halloween, Valentines Day, etc). And of course there’s Hype Week and Carnival which is basically a week of drinking and debauchery (if you want to do it of course).

  1. This is a pretty simple question but how much do you end up paying to go to McGill (in USD)? How does it compare to the rate given at this website ( http://www.mcgill.ca/student-accounts/tuition-charges/fallwinter-term-tuition-and-fees/undergraduate-fees ). What hidden costs are there for US students outside of plane tickets?
  2. Is it imperative that I visit McGill/Montreal? It seems like a really difficult thing for a 17 year old like myself to visit Canada on my own for a few days. It would probably be easier to do with one of my parents but It would cost an extra 400 dollars or so. Did you visit beforehand?

I have more questions but I’ll first try to get these big ones out of the way.

@gminor

  1. The rate given on the website is about right. Keep in mind that it's based on taking 15 credits or semester (so it'll increase/decrease if you take more or less credits), doesn't include housing/meal plan (obviously), and doesn't include financial aid. You can also opt out of the dental plan and around $30-$50 of minor fees at the beginning of each semester. In terms of USD, it depends. The exchange rate was better my 2nd semester than during my 1st after CAD took a tumble, who knows what direction the exchange rate will take the future. McGill recommends that international students use Western Union for payments (https://www.mcgill.ca/student-accounts/your-account/payment/western-union-globalpay-international-students) which looked like it had slightly better exchange rates than what my bank would have given me.
  2. It's not absolutely imperative that you visit, but if you can it's a good idea. Montreal is around a 7 hour drive from home for me, so I only visited once in the spring before I made the decision. I think there's also an optional 2 or 3 day program in July for incoming students (called Target McGill after I looked it up: https://www.mcgill.ca/students/housing/residents/targetmcgill) which I didn't do personally, but it seems like it could be a good fit for you. Don't worry if you can't visit at all though, the week before classes is full of Discover McGill and Frosh events which should help get you acclimated to the campus/city.

@usert123
Thank you so much for answering.

  1. So… would you consider the expected price of McGill to be the price listed on the website (14650 or so in USD) + ABOUT how much for housing/meal plan (assuming I get a meal plan and also assuming that I don’t receive financial aid)? I just want an estimate that I can give my parents.
  2. answered
  3. Do you think that if I choose to be an economics major that I’ll have similar opportunities as the people in management?
  4. How much time do you spend outside? My skin withers in the cold.
  5. Is the CND to USD conversion rate something that a US student needs to worry about for the future?

@gminor

  1. I would say so, yes. Don't forget to factor in personal discretionary costs though (restaurants, clothes, going out, etc.)
  2. This would depend on what you want to do. But IMO, if you want to something specific, like banking, accounting, consulting, marketing etc., having a major more specific to that field in management would be better than just a general economics degree in arts. The classes are better tailored and more relevant to the field, you have more networking opportunities with other students with similar career goals, and you have access to services available only to management students (e.g. Bcom career office, etc.). Of course you can always do a minor in management, but it's still not quite the same.
  3. During the winter, pretty much only when walking between classes. Make sure you invest in a nice winter coat once you arrive (it doesn't have to be a $600 Canada Goose jacket, but something that's good quality and will keep you warm).
  4. The rate will fluctuate like all exchange rates, but it's not something I would worry too much about.

Hi there.

My daughter (an international student) got offers from McGill BCom and BA (Economics). She plans to study Economics / Finance for undergrad, work for a few years and then do an MBA in the US. (This is the plan as of now!) I have some questions:

  1. BCom is almost two and half times the cost of BA Economics for international students. Why is there such a big difference? Is the BCom programme worth the premium. How do the job scene compare?
  2. As of now my daughter is veering towards BCom (mainly because it's more selective). She got offers from UBC Sauders, UofT, Boston Uni, Emory, Ohio State. I hope she is taking the right choice with Desautels. Few questions re Desautels:
  3. She has IB schooling so I understand will be entering U1 - Does this assure that the duration would be 3 years?
  4. How does she choose the courses. How difficult is Honours in Econ & Finance. If she does not manage to get into Honours, is there a BCom major in Econ & Finance?
  5. How big is the class size during U1, U2, U3. Is this manageable? 6, What kind of companies come for campus recruitment? Where do most anglophone students get a job - Montreal? Toronto? NY?
  6. Which rez is better suited for Desautels?
  7. We plan to rent a car and drive down from NY, we would be carrying the study permit / TRV visa. I guess it would not be an issue to can do the immigration procedure at the Champlain border (we are non-US citizens).

Appreciate your help.

@papamcgill

This is completely my opinion, but I wouldn’t start planning out MBA schooling before even beginning undergrad. Whether an MBA is appropriate or necessary or not depends entirely on prior work experience and career goals, which you certainly won’t be able to predict before even graduating.

  1. I believe it's mostly due to government regulations. Whether it's worth it or not depends entirely on your goals, etc. However, full management students do get access to certain perks that a normal arts students wouldn't have access to such as some networking events, the BCom career center, the trading room, etc.
  2. All certainly good schools, but I may be biased here when I say this, but I would definitely say that McGill has the best international reputation out of all of them :)
  3. Yup, if she went through the IB diploma program than she would automatically enter as a U1, which would mean a 3 year program. If she wanted to, she could stretch out her program to 4 years.
  4. To begin the Honors Econ or either of the Joint Honors Econ programs is pretty simple, all you need is the prerequisite courses completed (Calc 1, Calc 2, Linear Algebra). However, graduating from the Honors Econ program is an entirely different affair. A lot of what I'm saying is what I've heard second hand so take it with a grain of student, but around 120 students sign up for the 1st course as part of the Honors Econ, and usually only around 30 students actually finish it (just the first course in the Honors Econ Program). It has the reputation of a GPA killer at McGill, and unless she really loves economics and really loves math (since the program is very math heavy), I wouldn't recommend the program. Also, doing the Honors Econ program probably would require 4 years at McGill. There is also a minor concentration in economics she could take instead, which isn't nearly as difficult. Although if she wants to work in finance, the Honors in Investment Management program would probably suit her better.
  5. I can't speak regarding higher level classes, but most of the classes in U1 are around 50 - 70 students. Certainly bigger than a high school class, but still small enough to get to know the professor if you want to. I think Econ classes in arts are a lot bigger though, but don't quote me on that.
  6. Usually all over. You can find placement stats for the BCom program here: https://www.mcgill.ca/desautels/career/data#bcom_employment_data
  7. There's not really a "Desautels" rez. I would pick the rez with whatever social scene she's most interested in.
  8. I'm not that familiar with immigration requirements to enter Canada as a non-US Citizen, so I can't really help you there, sorry.

Thanks usert123. That was a huge help! God bless.

Do you know much about switching faculties?

@rosebud11450

I don’t know a whole lot about it, but it certainly is possible (but I believe there is an admission process though). Here’s McGill’s link on it: http://www.mcgill.ca/students/transfer-readmission/home-page

Okey doke! Do you have an estimate on the number of people who are waitlisted/ get in from the waitlist? I was just put on it and I’m anxious to improve my chances

@rosebud11450

No idea. You can try contacting Service Point or an advisor in that Faculty to see if they have more info.

Hi! So happy to have found this thread!!!
I’m from Portugal and I’ve been currently admitted to Mcgill - Desaultels Faculty of Management for an exchange semester - Fall 2015.
I have to pick my courses now. Can you give me some feedback about this courses: Strategic Management, Operations Management and Mangerial Economics? Are they easy?
I have also to pick electives, do you know any with low workload that can easily increase my GPA? Because I’m planning to do these 3 core courses…
Thank you! :slight_smile:

@jojo755

I haven’t taken any of those yet, but they’re all core courses so they shouldn’t be too bad, but I wouldn’t call them easy. If you’re looking for easy GPA boosters, you won’t find any in management because of the curve, but some popular ones outside of management are ATOC 185, MUAR 211, MATH 180, or most 200 level course in RELG. You should probably just check your school’s transfer credit policy though, since courses taken at exchange are often only counted as pass/fail and the grades themselves don’t transfer back.