The MMASc program is an innovative, one-year course-based professional graduate program that requires the completion of one four-month full-time co-operative education (co-op) work term for the successful completion of the degree. Potential employers include all levels of government, not-for-profit organizations and public and private companies.
- Gain access to innovative, motivated students who have strong technical/scientific knowledge and a solid understanding of the fundamental functional areas of business/business skills (finance, marketing, organizational behaviour, project management, leadership, oral and written communications).
- MMASc students are a reliable, responsible, and cost-effective solution for many employers seeking individuals with technical/scientific knowledge as well as business skills & acumen.
- Opportunity to build a talent “pipeline” to provide on-going support to business projects while supporting Western and the Faculty of Science in developing industry-ready graduates who will be able to meet a with combined science & business expertise within your organization.
- The MMASc is a registered co-operative education program with the Ministry of Advanced Education & Skills Development and enables an employer to be eligible for the Ontario Co-operative Education Tax Credit that can reimburse an employer up to $3,000 of the costs incurred as a result of hiring an internship student.
- The ability to 'test drive' potential employees during a work integrated learning experience (co-op) allowing organizations to identify a strong ‘fit’ for full-time positions that may be available in the near future.
- Given the timeframe of the program, should a strong ‘fit’ be identified, employers may choose to offer our students extended placement terms, short-term contracts or full-time jobs, which are still eligible for the Ontario Co-operative Education Tax Credit. The first four months of any such option will still be considered internship and thus be eligible for an additional grant to offset up to $3,000 in costs to the employer.
As a host organization, we ask that you commit to the following:
- Offer the students work projects that are relevant, and degree-related
- Provide orientation and training for the student when they begin their work term
- Impart your experience and wisdom through regular supervision and mentorship
Typical Salary and Costs
The average hourly wage for an MMASc candidate is typically between $15-25/hr. For a four-month placement, which equals about 500 hours of work, the overall cost, excluding benefits, typically ranges from $7,500 - $12,500.
All of our four-month placements are eligible for The Ontario Co-operative Education Tax Credit (maximum credit $3,000 per four-month placement). Other funding for employers includes the MITACS – Accelerate program ($15,000 per four-month placement), where grants are available to offset the cost of employing our students.
Hiring a Student – The Process
Students will first complete academic studies between September-April and then a be ready to undertake a work integrated learning/co-operative education experience from May-August or beyond. As of May, candidates are able to not only complete a traditional co-op work term (4 months) but are also available for 8, 12, 16-month work-terms, contract term positions or full-time roles.
MMASc recruiting may begin in the Fall term; however, the most significant recruiting period for work term positions is typically from January-April with organizations posting opportunities, students applying, organizations interviewing selected candidates, and formal offers being extended to students throughout the months of February, March and April.
|Summer work placement jobs posted to MMASc class*||Starting November 1, 2017|
|Applications for posted positions typically due||January 8, 2018 - March 30, 2018|
|Interviews for posted positions held||January 15, 2018 - April 13. 2018|
|Students begin their placements||From April 30, 2018, onward|
|Identification of learning outcomes and professional development for students||Within the first two weeks of the internship|
|Mid-term evaluation of learning outcomes||At the end of eight weeks|
|End-of-term evaluation of learning outcomes||End of internship|
|Review of student final report||August 2018|
*Please note: Employers are encouraged to submit summer work term postings by January 31, 2018, at the latest in order to gain access to the greatest number of applicants.