GMAT Prep Courses Canada Toronto - Ottawa - Montreal - London - Vancouver - 416 410 - 7737 Sun, 23 Mar 2014 01:05:23 +0000 en-US hourly 1 GMAT Preparation Courses Canada Thu, 20 Mar 2014 22:53:04 +0000 GMAT Preparation Courses Canada

Upcoming Toronto One Weekend GMAT Courses – U of T Location –  $495:

S. 1 October 26, 27/13 – Optional Pre-Course Math Review – October 20

S. 2 November 30, December 1/13  – Optional Pre-Course Math Review – November 24

S. 3 May 31, June 1/14  – Optional Pre-Course Math Review – May 25

“Success Favors The PREPared Mind”

GMAT Courses Canada is the weekend course division of the Richardson GMAT Preparation Centre in Toronto, Ontario.

We have offered high quality GMAT preparation courses since 1979. This makes  us one of the longest running (perhaps the longest) GMAT preparation course provider in the world. Our longevity means that we offer Canada’s most experienced GMAT teachers.

We are pleased to offer our one weekend and two weekend GMAT Preparation Courses in major centers across  Canada. In addition we offer GMAT math review courses and  custom designed GMAT courses for the corporate market. For those taking both the GMAT and GRE we also offer a dedicated GMAT GRE Math Preparation. For those taking only the GRE we offer Toronto GRE Preparation Courses.

If you are  interested  in longer  courses and GMAT specialty modules, please  visit the  Richardson GMAT Preparation Centre in Toronto. This site is a repository of the best GMAT blog posts and provides  up-to-date  information and discussion about the “Next Generation GMAT“, the “Revised GRE“, best GMAT prep books,  and whether you should take the GMAT or GRE for MBA admission. If you are a GMAT teacher or GMAT tutor, feel free to submit a post for possible  inclusion in this blog.


“Hello John,

It is a pleasure for me to provide my strong endorsement for the outstanding value that John Richardson and Law School Bound has consistently delivered for the past 22 years since I had the opportunity to participate in both your LSAT and GMAT preparation courses. After securing outstanding results on both exams, I decided to pursue my MBA which has been instrumental in my professional career. During these years I have advised countless students to invest in both courses and it is truly amazing that John Richardson and his team have managed to maintain their extraordinary value proposition. Even though we have moved from fax machines to wireless technology the feedback from those who follow my advice is always the same. Awesome! If anyone is serious about pursuing an MBA, or if you are law school bound –I highly recommend that you invest in the magic John Richardson is offering!

Best regards,

Richard Pinnock

Managing Director –

Your Choice of One or Two Weekend GMAT Preparation Courses  – Intensive,  Focused, Targeted, Productive!

One  Weekend Format $495 + HST

Two Weekend Format $895 + HST

–  Saturdays run from 9:00 a.m. – 5:00 p.m.

– Sunday run from 9:30 a.m. – 5:30 p.m.

Toronto GMAT Preparation Course Dates

All Courses Include:

– free repeat

– AWA Webinar

– course materials: in-class workshop and home study

– GMAT computerized practice testing

– Free background GMAT math orientation in Toronto

Course materials include:

Official Guide for GMAT Review  (11th edition)

Official Guide  to  GMAT Quantitative Review (1st)

– In class  workshop materials

– 5 Computer based GMAT exams

– Free repeat

Take  our course in Toronto, Oshawa, Ottawa,  MontrealLondon, or Vancouver. We are also able to offer your school or company a custom GMAT course.


Meet the world’s best MBA programs: Toronto March 8, Montreal March 10, Vancouver March 13 – Register now! Mon, 03 Mar 2014 06:29:04 +0000 Don’t miss these great opportunities!

ACCESS MBA One-to-One Tour in Canada

Personalised meetings with admissions directors from the Top Canadian and International business schools

A unique and customised event format that helps you select the right MBA programme

• One-to-One meetings and workshops with Admissions Directors
• Personalised MBA Orientation
• Interactive MBA conferences
• GMAT advising
• Scholarship opportunities

Toronto, Saturday March 8 

Montreal, March 10

Vancouver, March 13

Among the 100 business schools participating I the Access MBA Tour:

Desautels Faculty of Management, McGill University, HEC Montreal, Queens School of Business, Rotman School of Management , University of Toronto, Western University – Richard Ivey School of Business, York University – Schulich School of Business, University of Massachusetts Amherst – Isenberg School of Business, Simon Fraser University – Beedie School of Business, University of Victoria – Peter B. Gustavson School of Business, INSEAD, Manchester Business School, IESE, HULT l … and many more

Free registration on!

Places are limited for One-to-One meetings and early registration is recommended.

MBA Tour Toronto – Saturday November 9, 2013 Sat, 19 Oct 2013 12:03:13 +0000 This annual event will be in Toronto on Saturday November 9, 2013. Tremendous value! Tremendous opportunity! Reserve for November 9 today! For a complete schedule of events, click here.


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Meet the world’s best MBA schools on February 13 in Toronto and February 16 in Montreal Tue, 05 Feb 2013 13:46:24 +0000

Meet the world’s best Business Schools in Montreal Feb. 16 Free GMAT, MBA advising. Limited places. Register now


GMAT Prep Canada

Meet the world’s best Business Schools in Toronto Feb. 13th Free GMAT, MBA advising. Limited places. Register now


GMAT Prep Canada

Don’t miss these great opportunities!

ACCESS MBA One-to-One Tour in Canada


Personalised meetings with admissions directors from the Top Canadian and International business schools

A unique and customised event format that helps you select the right MBA programme

• One-to-One meetings and workshops with Admissions Directors
• Personalised MBA Orientation
• Interactive MBA conferences
• GMAT advising
• Scholarship opportunities

Toronto, Wednesday 13th of Feb  

One King West Hotel

Montreal, Saturday 16th of Feb

Hyatt Regency Montreal Hotel

Among the 100 business schools participating I the Access MBA Fall Tour:

Desautels Faculty of Management, McGill University, HEC Montreal, Queens School of Business, Rotman School of Management , University of Toronto, Western University – Richard Ivey School of Business, York University – Schulich School of Business, University of Massachusetts Amherst – Isenberg School of Business, Simon Fraser University – Beedie School of Business, University of Victoria – Peter B. Gustavson School of Business, INSEAD, Manchester Business School, IESE, HULT l … and many more

Free registration on!

Places are limited for One-to-One meetings and early registration is recommended.


The MBA Investment: Demographics, Culture, Language, Citizenship and the value proposition Thu, 27 Dec 2012 18:04:03 +0000 englishchina

Last week I received an email from a GMAT test taker which read in parts as follows:

“We wanted to ask you out for a drink and learn your opinion on the MBA value proposition for potential students like us.”

The economic times could be better. People are nervous about leaving their jobs to pursue another degree. There is lots of anxiety over the “MBA Decision”. Even so, increasing numbers of Canadians are interested in pursuing an MBA. A majority of GMAT test takers are now outside the United States. Business education is  on a growth trajectory in India and China. To capitalize on the demand for “business case studies”  in Chinese MBA programs, Ivey has employed Chinese students to translate the cases. (The Indian School of Business uses cases  from Ivey.) Some schools are gong further and exporting their MBA program to other parts of the world. One of many examples is the Schulich presence in India. It’s  clear  that the “Business of the MBA” is a growing business. There is no shortage of MBA programs.

After 35 years of helping students achieve their “academic goals”, I thought it I would share a few thoughts on how people might consider achieving their life goals.

Now for the record, the “us” in the email  included one Canadian citizen and one U.S. citizen. What difference does this make? More than you might think. Read on.

What you do is  NOT who you are!

There is a difference between having a career and having a life. In some cases a career can make your life. In some cases your career can destroy your life. Your concern is your life and your happiness.

Therefore, if it would make you happy to pursue an MBA then you should pursue an MBA.

That said, I suspect the question in the email was more related to “career goals”. Will an MBA enhance your career? Is an MBA a good investment in your career? Will it improve  your employment opportunities? Will it improve your entrepreneurial opportunities? Will it improve your networking opportunities?

The short answer is: Maybe.

It depends on how you approach the decision. I would suggest that you should approach the decision based on two broad categories of factors:

Category 1 – Factors that are based on “Who you are”

Category 2 – Factors that are based on “Global trends”

Of course, some of these factors will overlap.

Category 1 Factors – Who Your Are

What kind of MBA program is it? There are many different kinds of MBA programs. They range from the traditional “General Management”, “Finance”, to the niche programs (example MBA in health management). You want to select an MBA program that is consistent with your interests and talents. (If you feel sick when you see numbers, you would NOT want an MBA in finance.)

Will you be happy in the environment that the MBA program offers? Life is competitive. You will never do as well as the person who likes the program better than you do. Therefore, it is essential that consider the environment, the courses, the location, the professors and anything else that think might contribute to your happiness or unhappiness in the program. If you are unhappy in the program you will not do as well as people who like the program.

Category 2 Factors – Global Trends

What are the demographics? The economist David Foot believed that demographics explain everything. Any discussion of demographics would include a consideration of:

1. The growth of the size of general populations; and
2. What the demographic of the population is.


The United States has a large population but an aging population. Statistics suggest that the United States has a growing population and that the growth is in  what used to be considered to be the “minority groups”. (Message to the Republican Party – Look out!)

China has a large, aging and fairly homogeneous population.

India has a large, growing and young population. (Did you know that 2/3 of he population in India is under the age of 35?)

The age of a country’s population has huge implications for its tax base and ability to provide services.

How developed is the economy?

North America and Western Europe have very mature economies.  This means that they have mature markets, bureaucratic democracies, and slow growth.

The rest of the world (things go in cycles) are less mature and can do things faster. For example China  was able to build a complete  new subway line in time for the Beijing Olympics. The city of Toronto can’t even make a decision on whether to expand (the need is obvious to anybody) their existing subway line. To put it simply: North America has become a bit of a “relative economic backwater”.  Democracy is a great thing. It’s just that too much democracy means that it’s hard to get anything done.

To put it simply: The rest of the world is developing and growing more quickly than North America.

As goes  population growth, so goes economic growth. As goes economic growth, so goes the growth of individual  businesses.

This implies that business must have a strategy for growth outside North America. Furthermore, that strategy should be a major factor in corporate planning.

Any business strategy for outside North America should include:

– the need to be physically present in the country
– the need  to understand the culture
– the need to understand the language
– the need to network with government, business, residents …

On the issue of language consider the following:

There are more people in China learning English than there are people in England (according to a recent HSBC ad)!

Culture is very much a function of language. Those Chinese who learn English will better learn and understand North American culture. This gives them a tremendous advantage over North Americans who speak only one language. Success in Asian markets will require fluency in Asian languages and culture. In order to achieve  this, one must go   to these countries and spend time in those countries. (I am reminded of the book  “The Charm School” by Nelson Demille. Mr. Demille understood the relationship between language and culture.)

This  is an argument for pursuing your MBA outside North America. I was at a recent MBA Forum. There were a number of schools represented from Europe. There were also schools represented from India and China. If the future  of business is in India, there is an advantage to doing an MBA in India. (On this point I recently did a post describing the Indian School of Business.) Think of the connections you could make. Think of the value that you could add to your company by having a cultural fluency with India or China.

Asians students come to North America partly for the academic education and partly to absorb the culture. Isn’t it time for North Americans to go to Asia for  the academic education and to absorb the culture? Cultural  fluency is a strong competitive advantage!

Why it is particularly important for U.S. citizens to study abroad!

To put it simply: studying abroad may be the only chance that U.S. citizens have to experience the business environment outside the United States. Since 911 the United States has adopted disturbing trends of preventing both capital and people from leaving the United States. The combination of the FBAR (“Foreign Bank Account Reports”) rules, FATCA (“Foreign Account Tax Compliance Act”) and citizenship-based taxation have made it very difficult for U.S. citizens to obtain employment, be accepted as business partners and shareholders in foreign companies and generally survive.

In other words U.S. citizens can’t easily survive  outside the United States.

What if a U.S. citizen does  leave  the  United  States? If they keep their money outside the U.S. they are subject to special reporting requirements that generally provide  strong incentives  for them to keep their money inside the U.S.

In other words it is has become increasingly difficult for U.S. citizens and/or their money to survive outside the U.S.

What? Isn’t the United States  a free country?

The root of the problem is that the United States is the only country in the world that taxes its citizens when they reside outside the U.S. (This also means that the U.S. actually levies tax on residents of other countries.) The tax requirements are onerous. Furthermore, U.S. citizens are required to report the details to the IRS of:

– all their non-U.S. bank accounts over which they have signing authority;  and

– all non-U.S. business arrangements (partnerships and shareholders)

This information reported often includes the financial details of non-U.S. citizens. You can imagine how non-U.S. citizens feel about that. In FATCA (no pun intended):

FBAR, FATCA and Citizenship-based taxation have combined to make it such that:

U.S. persons living outside the U.S. are no longer popular as:

– employees
– business partners
– shareholders
– even marriage partner

Nobody wants anything to do with them.

(At least one Canadian adoption agency has begun warning potential parents about the risk  of adopting U.S. born children.)

The bottom line is that it is difficult for U.S. citizens to live a normal  life outside the U.S. (Hence, a  form of people control.)

It  has gotten so bad that European banks are closing the bank accounts of U.S. citizens (they just don’t want to communicate with the IRS).

The new U.S. FATCA law makes it very difficult for U.S. citizens to keep their  money outside  the U.S. (Hence, FATCA is a form of capital control.)

As you can see, U.S. citizens are subject  to special disabilities. Hence, for U.S. citizens, doing  an MBA outside the U.S., might be your last best chance to see the world! It seems clear that U.S. citizens are now at a disadvantage in competing for business and employment opportunities outside the U.S.


Why choose among Kellogg, Wharton, LBS, MIT Sloan and the Fletcher School? – Updated Dec. 2012 Wed, 26 Dec 2012 03:13:48 +0000 Update December 26, 2012:

I just became aware of the following offer from  the Indian School  of Business:

“20 Scholarships worth 400,000 USD to study in INDIA from the Indian School of Business a globally top 20 ranked B-school” – Note that the deadline for application is January 15, 2013.

“20 Scholarships worth 400,000 USD to study in INDIA from the a globally top 20 ranked B-school”


GMAT Prep Canada


This is why you should seriously consider this! Note the deadline date of January 15, 2013!

It’s about the demographics!

Where are tomorrow’s markets? Asia will be two-thirds of the world’s middle class by 2030 – The Gold Rush! #GMAT #MBA


GMAT Prep Canada

So, what’s this got to do with the MBA decision? If you believe that “the trend is your friend”, it’s clear that there are huge populations  in Asia.  India and China  have particularly large populations. You knew that. But, let’s focus on India. What you might not know is that approximately 2/3 of the population in India is under the age of 35. This is evidence of a gigantic consumer market with huge potential for growth. The Indian School of Business – which requires a very high GMAT test score – estimates that India will need millions of new MBAs to guide India through the inevitable growth. Even the Educational Service (ETS) is benefiting. The number of GRE test takers in India is exploding.  The Law School Admission Council is now marketing the LSAT in India. The markets in North America and Europe are “mature markets”. Given that a business is either growing or dying, it’s clear that those companies that don’t focus on Asia will die. India should be at the forefront of the Asian marketing strategy.

If you accept the principle that India is a country with huge growth potential, then shouldn’t all businesses have a strategy for India? Downtown Mumbai features huge billboards advertising Franklin Templeton Mutual funds. Franklin Templeton is spending money in India. By way of contrast, Franklin Templeton is no longer offering their annual “investment opportunity” forums in Toronto, Canada. 2011 was the final year. What does this tell you? It means Franklin Templeton (one of the world’s biggest mutual fund companies) is investing in India and not in Canada.

Whether your company is based in North America or India, a strategy for operating in India is essential. India is a huge country. But, is it really one country? Actually, India was founded from a number of  different kingdoms that are bound together as one political entity. You cannot understand India without spending time there. And even then, you won’t know much about India. Those companies that approach the Indian market with North American assumptions are sure to fail. One of the goals in India is to create products that the masses can afford. Who would have thought, that the way to market refrigerators in India, would have been  to design a refrigerator without a freezer? (The freezer made the product too expensive.)  Who would have imagined that the world’s first $2000 car would originate in India?  (I predict that the $2000 car will be a product that India will export to the world.) In other words, success in India, depends on developing products for the India market. But what is meant by “India market”? There is no one “India market”. What works in North India might not work in South India.

Some of the world’s biggest brands are developing products specifically for the Indian market. For example:

In global first, McDonald’s plans to open vegetarian-only restaurants in India next year. 2 days ago


Wall Street Journal

Bottom line: There are great business opportunities in India. But, you need to work very hard to define and understand your market as McDonalds is clearly doing.

Opportunities in Education:

Interestingly during the summer of 2012 the Ryerson MBA Program in Toronto, Canada ran a week long course which they described as:

The Ryerson MBA is offering an intensive week-long a special course entitled “Doing Business in India”. Professor Rajeev Gowda from the Indian Institute of Management in Bangalore will teach the course.

The Ryerson course is an attempt to bring India to North America. Why not go and see India yourself. Consider an MBA at the Indian School of Business. I recently visited the school and I was impressed! It features a fantastic campus with “state of the art facilities”. The curriculum features the best of some of the world’s best MBA programs including: Wharton, Kellogg, London Business School, MIT Sloan, and the Fletcher School. ISB uses case studies that come from the Ivey School of Business at the University of Western Ontario. The faculty comes from leading business schools throughout the world. The ISB  MBA program lasts one year, and is very competitively priced, at a cost of approximately $45,000. At least one ranking places ISB in the top 20 MBA programs in the world. English is the language of instruction. (Did you know that India is actually the largest English language speaking country in the world?)  But, the best part is that you will experience an introduction to the culture of India. Furthermore, to attend ISB is to make friends with those who are certain to be the India business elite. ISB graduates are very proud of their school.

Admission is very competitive . (The average GMAT score is over 700, with a range of 570 – 780.) But, the payoff is surely worth it! For those who have sense of adventure and a desire to see the world, a year at ISB could make you aware of opportunities, that you could never have known of, if you had stayed in your homeland.

Bonus: you could have the time of life!

Why choose among Kellogg, Wharton, LBS, MIT Sloan, and the Fletcher School, when you can get the best of all five?

John Richardson





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5 Canadian business schools are in Bloombergs top 19 Sat, 24 Nov 2012 10:18:59 +0000

Queens, Ivey, McGill, U of T and Schulich are 5 Cdn #MBA programs that made Bloomberg top 19 Business schools –


GMAT Prep Canada

Congratulations to these schools. In addition, it appears that the MBA is becoming a more popular  degree in Canada. Number of GMAT test takers  is on the rise.

7% rise in Cdn citizens taking the #GMAT from 2008 to 2012. 7% decline in US. What do Canadians know?


GMAT Prep Canada



New GRE “Score Select” option could spell trouble for GMAT Sun, 10 Jun 2012 11:29:07 +0000 The GMAT GRE test wars continue.


New #GRE “Score Select” increases pressure on “GMAT – If #GMAT doesn’t do the same, the “GMAT GRE Wars” may be over


gmat prep




New GMAT Integrated Reasoning section off to an anxious start Sat, 09 Jun 2012 09:03:08 +0000 The new GMAT Integrated Reasoning section is finally here. Let the commentary begin!


New #GMATintegratedreasoning said to increase #GMAT anxiety – – many #MBA programs will now accept the #GRE instead


gmat prep



The GMAT and MBA Admissions Sun, 02 Oct 2011 15:00:53 +0000 The GMAT has been part of the MBA admissions process since the 1950s. Does it play a valuable role in determining an applicant’s potential to finish an MBA program? Does it serve the needs of MBA programs to bolster their rankings?  Regardless of the rationale for the GMAT (and the GRE is  a substitute for the GMAT at may schools), admissions testing in general and the GMAT in particular is here to stay. That means that GMAT preparation in some form or another is essential.

A GMAT score (and preferably a high score) is a necessary, but not a sufficient condition for admissions to an MBA program. Different schools use GMAT scores in different ways. There is little agreement on what a GMAT score is evidence of. Furthermore, not everybody agrees that the GMAT is a measure of things that matter to the MBA program.

See the following article from the National Post. Highlights include:

“One of the key areas of focus for Brock University is fit, says Shari Sekel, director of graduate programs for the university’s faculty of business. “We are trying to make sure that what a student is trying to achieve with their MBA is something our program is capable of delivering. Not all MBA programs are alike. There are similarities, but they all have different specializations, styles of learn-ing, opportunities, extra-curricular activities. We want to make sure there is a good fit between the expectations of the student and the realities of our program.”

Who is a good fit for Brock’s MBA program? “Someone who looks beyond the books. Some of our courses base 30% of the final grade on in class contribution,” says Ms. Sekel. “We are looking for people very comfortable in participating, sharing ideas, asking questions. We are also looking for them to get involved outside the classroom and have a lot of extra-curricular opportunities to help them round out the graduate experience.”

It is exactly for that reason that Ms. Sekel has concerns about the emphasis placed on GMAT scores. Administered by U.S.-based Graduate Management Admission Council (GMAC), the GMAT has become the standard assessment tool to measure the likely success of MBA candidates used by business schools around the globe. The test is divided into three parts: verbal, quantitative and analytical writing skills.

“The GMAT is well regarded and widely used but I’m torn on the subject. The admissions function is all about predicting who is going to be the most successful in the MBA program. The GMAT serves as a common evaluation tool because all students have to write the same test. That’s one of its most important uses,” says Ms. Sekel.

“On the other hand, we have to recognize the GMAT is not the only piece of an application that’s important, particularly when you are looking at students fresh from undergraduate programs. If you have students even in history or science who are scoring well, getting As, these are students with a good work ethic, they are motivated and those are some of the skill sets that will serve them well at the MBA level. The GMAT holds less weight in those instances for us.”