Sunday, January 25, 2015

Memorial University of Newfoundland



Location: St. John's, Newfoundland
Program Options: Full-Time, Part-Time
Program Length: 2 years (Full-Time), 3+ years (Part-Time)
Accreditation: AACSB
Tuition and Fees: $4,400 (Canadian), $5,700 (International)
Notable Rankings: N/A
GMAT: Required
Specializations: N/A

Memorial is a small program, but one that offers a great value for money.  The program is accredited by AACSB, so the teaching and learning quality is will be high. The program cost is very low, even international students would pay under $6,000 in tuition for the entire degree.  Class sizes are also very small.  Memorial has ~60 full-time students in total in the MBA program and 85 part-time students.  With 45-50 students entering the program each year, you'd be looking at approximately 30 full-time students, and 20 part-time students each year.

Employment Summary

3-Month Placement Rate: N/A
Average Salary: N/A
Average Salary Increase: N/A

With a very small class size (~30 students), it's not surprising that Memorial doesn't publish placement stats (or possibly even track them).  For students in Newfoundland and Atlantic Canada (or students interested in staying there) Memorial would be a great value.  St. John's is the capital and largest city in Newfoundland, although with a population of 200,000 it is not a large city.  Career opportunities will be somewhat limited by the location.  With very low tuition, there will not be much support beyond the basic career placement support.

Summary

Memorial has extremely low tuition, for both Canadian and International students, along with AACSB accreditation.  For students in Newfoundland, this would be a great option.  If you are looking to move outside of Newfoundland,  you would need to be very comfortable in your own networking and job searching abilities to do well.  For international students, with the large tuition difference compared to other accredited schools, you'd probably be better off going to Memorial and hiring a career coach outside of the University - the cost would end being less than at other schools and more personalized towards you. 

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