MBA in Canada
Canada is one of the top destinations in the world for both domestic and international MBA students likewise. There are about 92 universities and more than one hundred seventy-five Technical Institutes and Colleges in Canada, featuring a range of professional, vocational and academic programs. In Canada, MBA based programs are substantially affordable than pursuing the same degree in the US. For some of the top MBA schools, the tuition fees and cost of residence on an average, in America, is almost $80,000, which is much greater as compared to the cost in Canada for doing the same which is about $60,000.
Some of the courses in MBA are as follows which you can pursue while studying in Canada:
⦁ Finance and Accounting
⦁ MBA and CMA
⦁ Forestry and Agriculture.
⦁ Executive MBA
⦁ Health and Medical MBA
⦁ Hospitality and Tourism MBA
⦁ Human Resources MBA
⦁ International MBA
⦁ Master of Public Administration
⦁ Master of Management
⦁ Master of Business Administration
⦁ Part-time MBA
⦁ MBA and Law
⦁ Master of Science in Management
⦁ PhD in Management
⦁ Natural Resources and Energy MBA
⦁ Science and Technology MBA
⦁ PhD in Business Administration
⦁ Public and Service Management MBA
Duration For MBA
The MBA courses in Canada may vary in their duration. The course could be of either ten months or two years, or anywhere between this duration. All of the MBA related programs in Canada basically come under the umbrella of 3 categories that includes the combined, specialised and the generalised streams.
Admission Requirements/ Eligibilty Criteria
In order to pursue a MBA degree in Canada, it is must for a student to possess a four-year degree (undergraduate), GMAT score, work experience and for all those international students whose language of instruction in education is not English, a proficiency test like TOEFL/IELTS or likewise, in English, would be necessary. Each school has it’s own required prerequisites and admission specifics criteria. But in most of the Canadian business schools, the minimum GPA requirement is between 3.0 and 3.5 or higher than 70% for getting admission in any MBA based program.
Top Colleges /Universities for MBA in Canada
⦁ McGill Faculty of Management, Montreal, Quebec
⦁ University of Western Ontario, Richard Ivey School of Business
⦁ Queen’s University, Queen’s School of Business, Kingston in Ontario
⦁ York University, The Schulich School of Business, in Toronto
⦁ Simon Fraser University, Faculty of Business Administration, Burnaby at British Columbia
⦁ University of New Brunswick MBA, at Saint John
⦁ The University of British Columbia, Sauder School of Business, at Vancouver
⦁ McMaster University, Michael G. DeGroote School of Business, in Ontario
⦁ The University of Calgary, at the Haskayne School of Business, in Alberta
⦁ The University of Victoria, the Faculty of Business, at B.C
TUITION FEE ( In Canadian Dollars)
The fee for tuition ranges from $10,000 to nearly $25,000 Canadian dollars, every year. The fee goes up to $ 35,000 Canadian dollars for some of the top schools, for the whole program.
In Canada, the living expense ranges from $7,200 to 11,000 Canadian dollars each year. But if you live in big cities such as Toronto, Vancouver and Montreal, these get even higher. However, the expenses also depend upon one’s lifestyle and numerous other things. Following division can be made for the major expenses:
- Groceries: Ranging from $150 and $200/each month
- Books and other Supplies: $1000/year
- Sundry and Utilities: $300/each month
Job Opportunities in Canada for MBA’s
For degree holders of MBA in Canada, major Job opportunity categories are as following:
⦁ Legal jobs
⦁ Accounting and Consultancy jobs
⦁ Academic teaching, for all health related professions
⦁ Consultant jobs, Management and senior executive openings in leading companies
⦁ Canadian Government jobs
⦁ Management jobs
⦁ Academic jobs
⦁ Management jobs in publications, periodicals, print and electronic media
For degree holders of MBA in Canada, below categories has the highest demand for the jobs:
⦁ Product Management
⦁ Project Management
⦁ Sales Management
⦁ Executive Management
⦁ Sales professionals
⦁ Technical Management
Financial Aid and Scholarships
For pursuing an MBA degree in Canada, the financial assistance is quite limited and especially for the international students. However, some schools might offer scholarships on the basis of academic merit of the students, specifically for foreign students.
The aid awarded by an MBA institute is in the form of a part waiver in tuition fee and the students who receive such aids normally have great academic achievements or top scores in GMAT. But the scholarships don’t cover the whole study cost since a lot of people apply for such awards.
The determinants of Salary
You can get a salary of about $80,000 in Canada if you’re an MBA degree holder in Canada. However, there are some specific requirements in jobs which would affect the prospects of your salary such as:
⦁ The overall experience you have
⦁ Rather than jumping jobs, holding on to a job for a longer period of time (being stable)
⦁ Reputation of the institute from where you got your degree
⦁ Your field of interest while searching for the job
⦁ Demand/supply of the jobs for which you’re looking
⦁ Location of your employer
Career Prospects In Canada
According to the reports carried out through surveys, it is stated that almost 95% students who pass out with MBA degree, secure a job under six months of graduating. Those students who specialise in fields like international business or management and entrepreneurship are comparatively seen to be more successful. To achieve this objective, some of the top Canadian MBA programs follow a structured program module. There also are also plenty of opportunities for diversifying your career as well, like taking part in work on a co-operative basis with the public and private firms. Reasons for expansion and elaboration of overall opportunities for graduates of MBA in Canada are a part of the country’s growing economy. In Canada, graduates of Business Administration with a strong background of academic and industrial expertise prove themselves to be very worthy and valuable for the firms they get engaged in.
MBA at Alberta School of Business
Alberta Business school is located in Edmonton, Alberta which is one of the largest City of Canada and it is an amazing place with a population of around one million. Alberta Business school is amoung the top 10 school in Canada and one of the 100 best MBA school globally.
In order to get admission in Alberta School of business, following things are important
⦁ Your GMAT score should be more than 550
⦁ Your GPA should be greater than 3.0
⦁ You should have work experience of more than two years
⦁ You should have proficiency in English (TOEFL/IELTS)
⦁ For a typical entering class the average GPA is 3.3/4.0.
⦁ Admission rate is almost 40%.
⦁ For students who got admitted, average GMAT is around 620.
⦁ Average years of work experience is six years
⦁ Average Salary is about $72,500
⦁ Around 55% of entering class is from North America and 35% is from Asia.
Most important decision factors for admission are years of work experience and GPA, GMAT, other than that the quality of the academic background, statement of intent, references, extracurricular experiences and work is also of high importance.
For entire MBA, total tuition fees for residents is around $25,000 and for non-residents, it is $50,000.
One of the glad tidings associated with the idea of studying in Canada is that most of the students get employment within Canada and also there is a fair chance that you might get some type of funding there. Other than that, studying in Canada always comes with the advantage of getting immigration by getting residence permit which is much easier if you complete higher education in Canada and that’s how you can earn extra points.
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Best MBA in Canada for international students
- MBA General
- study abroad
- study in canada
Canada is listed in our top study abroad countries . In this post we look at the best Canadian universities and colleges that draw international students to its campuses. We also look at the various types of MBA programs they offer (full-time, part-time, executive MBA, joint MBA).
Best MBA Colleges in Canada for international / Indian students
Why choose Canada for your MBA
You can expect a high standard of living while in Canada. It’s a country that respects diversity, so irrespective of your ethnicity, you can feel at home in Canada.
Medical insurance is usually covered by the government so your health worries are taken care of. There’s life outside the campus as well with a lot of activities in and around as well as a lot of places to explore.
International students can qualify to work in Canada after completing their MBA under PGWPP (Post-graduation Work Permit Program). Skilled Canadian work experience acquired under the PGWPP helps in qualifying for permanent residence in Canada.
Your spouse may also be eligible to apply for a work permit and work as long as you hold a valid study permit. Read Life and Jobs after MBA in Canada
Cost of Living in Canada
Following is a list that can give you an idea of the approximate cost of living in Canada.
Cost of living in Canada
|Milk (1 litre)||$2|
|Potatoes (4.5 kg)||$5|
|Groceries for one person (per month)||$250 – $350|
|Litre of gas/petrol||$1.15 – $1.30|
|Public transit fare||$2.50 – $3.00|
|Restaurant meal||$15 – $30|
|Fast food meal||$5 – $10|
|Cup of coffee||$2|
|Pint of beer||$5 – $7|
|Movie||$13 – $20|
|Mobile (cell) phone package||$50|
|Internet (1 month, high speed)||$40|
|Cable television (per month)||$25 – $50|
|Postage stamp (within Canada) (0-30g)||$0.61|
|Postage stamp (international) (0-30g)||$1.80|
|Youth hostel (per night)||$25|
|Rent (bachelor apartment, large city, per month)||$700 – $1,100|
|Rent (bachelor apartment, small city, per month)||$500 – $700|
List of the top MBA universities in Canada
For the reasons we shared, if Canada is where you aspire to study and work, we have a list of some of the top MBA programs that you can look at.
1. University of Toronto – Rotman School of Management
Located in the heart of Toronto, this is one of the well-known MBA programs in Canada.
Full-time MBA program:
This involves 16 month of rigorous academic study and four months of internship or summer elective course making it a 20 month long program. The first year focuses on the core courses. In the second year, you can choose to specialise in the area of your interest by choosing an MBA major or from a range of electives offered.
Joint MBA program:
Various options are available where you can combine education in engineering, pharmacy, law and global affairs along with an MBA.
Here, you have two options-either a morning MBA for which you have to devote two hours before work or an evening MBA where you’re required to put in two hours after work twice a week. This arrangement allows you to complete the program in 32 months while continuing with your professional commitments.
This is an intense 13-month long executive MBA program with four terms, each of which has a week-long on-campus residential session. In addition, there are weekend classes held twice a month on Fridays and Saturdays. This program is meant for senior professionals with at least eight years work experience.
Here are a few related posts on Rotman:
– MBA in Canada (Rotman) as an international student
– Rotman School of Management – MBA Admissions Team Interview
– Rotman MBA (Toronto, Canada) beckons Indian students
2. York University – Schulich School of Business
This is another good program having its campus in Toronto.
This program offers the option of either a September or January admission. The program can be completed in a minimum period of 16 months or an average of 20 months or a maximum of 24 months.
Schulich offers dual degree programs where you can opt for the joint degree and complete your education in another field along with an MBA in a shorter period than the two degrees studied separately.
Law, fine arts, arts are some fields you can combine with your MBA study.
The program can be completed in a minimum of 40 months or a maximum of 72 months. At the Keele campus, you can choose between evening classes (twice a week) or alternate weekends or day classes. Evening classes are also offered at the downtown King and Bay campus.
The Schulich MBA also offers the option of switching between a part-time and a full-time MBA program.
The Kellogg-Schulich Executive MBA:
The EMBA program is held at the Schulich School of Business in Toronto. The program involves alternate weekend classes at Schulich as well as residential weeks at the Schulich and Kellogg campuses. It commences in January and gets completed in June the following year.
There is also an option of ‘Schulich MBA in India’ where you spend time in Hyderabad as well as the Schulich campus in Toronto.
Read this related post:
– Schulich School of Business MBA Interview with Admissions Team .
3. Western University – Ivey Business School
This bschool has its main campus at London, Ontario.
This is an intense one year MBA program that begins its session in March. It is well-suited for those who wish to complete their full-time program within a year and get back to their professional life. The program begins with focus on the core courses. The curriculum employs case study method extensively to prepare students to face real world challenges.
A joint business and law degree helps complete both the courses in three years instead of four.
This 15 month program is meant for senior executives with a minimum of eight years work experience. You need to be able to commit around 25 hours a week to complete the group projects and various assignments including reading.
Here’s a related article:
– Ivey MBA Canada – Interview with Associate Director of Admissions
4. University of British Columbia – Sauder School of Business
Located in Vancouver, Sauder has a 16 month long full-time MBA program, a 28 month duration part-time MBA program, a dual MBA/JD and an executive MBA program in healthcare and strategic mining management.
5. McGill University – Desautels Faculty of Management
Located in Montreal, Quebec, this school offers a 20 month long full-time MBA program, a part-time MBA, dual degree programs (MD MBA and Law MBA) and a 15 month long MCGill-HEC Montreal Executive MBA.
6. HEC Montreal
Again this college has its campus in Montreal, Quebec. It offers a 13 month long full-time MBA with the option of English or French as the language of study. The two year part-time MBA program has only French as the language of study, so it would be irrelevant to a majority looking for English as the medium of education. It also provides MCGill-HEC Montreal Executive MBA as mentioned earlier.
7. Queen’s University – Queen’s School of Business
The programs offered include a 12 month full-time MBA at the Queen’s Kingston, Ontario campus, starting in January, various options for dual degree and a 16 month executive MBA starting in August offered anywhere in Canada.
8. University of Alberta
This business school allows you the option of a 16-20 month long full-time MBA, dual degree with several options, a part-time MBA with classes held in the evenings and a 20 month long executive MBA program.
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- Alina dhamani says:September 1, 2015 at 5:42 am
I am interested in doing an MBA from Canada (Rotman or schulich preferably). I have completed B.com with 58.25% and currently I am appearing for ca final exam. Considering my low score in graduation, can I get an admission in those schools? Or do you advise doing an mcom to grade up my scores before appearing for admissions? Also can you throw some light on the type and duration of work experience required?Reply
- Sameer Kamat says:September 1, 2015 at 12:51 pm
Alina: Many admission teams encourage prospective applicants to reach out and share their profiles + questions. Eligibility is among the most common topics that they tackle.
I think Rotman has started accepting 15-years of education, so you may not need to go through the painful process of getting another degree just to qualify.
But best to reach out to them and check directly.Reply
- sadhana says:September 1, 2015 at 6:05 pm
i am pursuing bba and i dnt have any work experience. so i can apply to d college in canda widout having any work experience for mbaReply
- Sameer Kamat says:September 2, 2015 at 6:40 pm
Sadhana: Unlike the traditional 2-year CAT MBA programs in India, international MBA courses work differently. It won’t be a good idea to apply without any experience,Reply
- Apoorva says:July 9, 2018 at 12:26 pm
How many years of work experience are we looking at ?Reply
- Sameer Kamat says:July 10, 2018 at 8:13 pm
Close to 5 years is the average for many of the reputed 2 year programs. For 1 year options (popular in Europe), the average is higher.Reply
- dhruv says:September 15, 2015 at 11:32 am
i completed b tech in computer science and engineering 2015 which mba is good for getting more job after study in canada ?(marketing or finance or any other way my main motive is to work there after study any college providing 100% job garanteeReply
- Parminder Singh says:September 19, 2015 at 6:54 am
I have completed BTech Mechanical in 2011 with 65.8% after doing some petty jobs in industry now I am working as Probationary Officer in a PSU Bank since 1 Aug 2014, got 7.5 bands in Ielts.. is there any chance to get a good business school in Canada with scholarship if I crack GMAT with good scores?Reply
- Sachin saini says:November 9, 2015 at 2:43 am
I have 2.5 years of experience in Infosys Limited as Systems Engineer, 2.5 years in Software Technology Parks of India as Assistant Director in implementing STP scheme of FTP of India, 2 years (current job) in Border security force as Assistant Commandant in General Duty and Communication cadre.
I have BE in Electronics n Telecommunications with 56.67 % aggregate and 64.13% in Degree(Pune university awards degree on d basis of final year marks so I have first class in Degree certificate). 10th – 74% and 12 th – 68%. There is a gap of 2 years in 12th n BE first year due to illness(meningitis).
I am expecting 650+ score in GMAT based on d results of mock tests.
I am planning for MBA in 2017 preferably from Germany , second choice is Canada.
Kindly let me know about my prospects of getting a top B School based on my profile. Will low percentage in BE will be a factor. Do they consider aggregate marks or marks/class awarded by university in Degree certificate.
- MINI says:November 12, 2015 at 11:07 am
I HAVE APPEARED GMAT IN NOV15 and got only 620 .My tofel score is 109 .I am working with buliding automation company as product owner for last 3 years, with BTECH background .Is it wise to apply for SAUDER SCHOOL for product management with this score or reappear for gmat.
- Swapnil Chavan says:December 9, 2015 at 3:47 pm
I have completed mechanical engineering and have 3.5 yrs experience in sales and marketing. I am planning for an mba or executive mba .i will be giving my IELTS in coming week. Please suggest me some reputed colleges in canada where i can apply without GRE or GMAT score. Or else also suggest if i should proceed with GRE or GMAT.Reply
- Ankit Shukla says:January 31, 2016 at 5:50 pm
Hi My Name is Ankit Shukla, I Have an MS in FInance from Ireland, And i have a work ex of total 2 years. I am Working with Royal Bank of Scotland at present. I am looking for an MBA programme which will be beneficial for me in the long term. Please advice meReply
- Shubham Tripathi says:March 3, 2016 at 3:58 pm
Hello Swati/MBA Crystal Ball,
Do any of these Schools mentioned above provide non-cosigner loans to students who wish to pursue an MBA from CANADA ?
- Rishi Khurana says:April 3, 2016 at 12:32 pm
I have a work experience of almost 3 years in a technical Actuarial Science field but i am willing to opt for a MBA program from canada which have a good placement record.
Major problem is i did a Bsc Mathematics Hons 3 year degree from DU and scored 57% overall (45,55,69) which i feel is less compared to the requirements from some schools in canada. Can anyone suggest if this will become a hurdle for my application if i apply or suggest any great colleges which do consider Gmat score over degree grade?
Thanks in advanceReply
- Keyur savaliya says:July 24, 2016 at 12:14 am
Hello I am keyur from india I got 6 bands in ietls with each 5.5 and 6 and I want to do mba in marketing management.can I get admission I am through out english.Reply
- vrushal says:August 2, 2016 at 1:43 pm
Hi sir..I have completed my BE -EE with 7.81 CGPA & have nearly 2 yrs of experience as sales & service engineer.I wish to persue MBA in Canada. Plz suggest me some good universities and their cutoffs.
Waiting for us reply. Regards.
- sumit kumar says:August 13, 2016 at 12:43 pm
I have completed my Graduation in BSc(Hons) Mathematics with 62% MARKS can i get admission into MBA in canada and having IELTS band 6.5Reply
- AMAN KRUESHI says:August 22, 2016 at 2:46 pm
I have completed my B.TECH from SRM University chennai, presently i am working in Cognizant at Pune and having jst 1 yr of experience.Whta marks and Profile addons are required to get admisson in top 10 Universities at Canada and offcourse How many marks in GMAT and TOEFL? CGPA 7.1Reply
- Nabanita Devi says:August 27, 2016 at 6:50 pm
What is the minimum graduation percentage for getting admission in mba in canadaReply
- Nishtha Dadia says:September 1, 2016 at 3:20 pm
I had a backlog of 1 year in my B.Sc. IT. Also, I have done my M.Sc. IT where I have over all more than 70% without backlogs. I am willing to do MBA from Canada. Will my master degree marks be considered by the university? Or the graduation marks will be considered?Reply
- Anuj Gosein says:September 15, 2016 at 12:32 pm
Below is my work ex & qualifications. Please advise what options do I have. I want to pursue an MBA from Canada.
1. Engineering graduate.(First class with distinction)
2. 6+ yeas of work ex in a steel manufacturing MNC.
3. IELTS score : 7.5
4. GMAT score: 690
Please advise, in which colleges do I stand good chances of getting an admit. My prefrences are Queen’s, Rotman, Schulich, and Sauder.
- Yajit Puri says:September 22, 2016 at 11:25 am
I recently completed my graduation in BBA and now i have applied in thompson rivers university for MBA as i dont have work experience and i have not even given GMAT. I need to know that is it a good university and value of degree as compared to collages and other university ? Please do reply asap !Reply
- Sameer Kamat says:October 1, 2016 at 6:44 pm
MBA programs that don’t require work experience or GMAT scores don’t rank very high in the eyes of employers.
Also, going in as a fresher into any international management program means that you are less likely to be able to appreciate the practical nature of the course.Reply
- amandeepnkaur says:September 23, 2016 at 6:06 pm
Ii have completed my graduation in bachelor in social science with 72% marks and post graduation in pol science with 62% marks in 2013. I have experience of teaching in school and college. Can I get admission in mba from canada?Reply
- Tushar Chugh says:September 28, 2016 at 2:13 pm
I have completed BBA LL.b. in 2016 with 64% and currently i am working in finance Industry in a very good profile. I would like to know if I am eligible for MBA(finance) degree in some good college in canada.Reply
- Mohammed Abdun Noor says:November 3, 2016 at 4:19 pm
I am Mohammed Abdun Noor; a Bangladesh citizen completed M.A. in History with Honours from the University of Chittagong. Now I intend to complete MBA from a well established Canada University.Reply
- Ajay says:December 7, 2016 at 10:28 pm
Great article. However, I have a couple of questions. I hear that the 1 year MBA programs have a disadvantage as the students wouldn’t be able to get a 3-year work permit post graduation. Can you throw some light on this information? and also what about the Early entry i.e, Jan or March. Would that be a challenging factor when a student is searching for jobs?Reply
- Abhimanyu Singh Dhapola says:March 20, 2017 at 3:17 pm
I am a B.Tech student and will graduate in may 2017. I wanted to know about the corporate residency MBA at Dalhousie University Canada. I dont have any work experience as i am yet to graduate and dalhousie is the only one that takes freshers according to me. Can you suggest some other colleges in canada that are better than dalhousie and that take freshers.
Abhimanyu Singh DhapolaReply
- Jamie Katryn Tayko says:July 5, 2017 at 5:18 pm
I came from the Philippines and a hopeful professional to study MBA in Canada. I have previous work related to Banking and Finance. I graduated from Silliman University with Bachelors Degree Major in Management, I have had almost 2 years working in a private bank and 1 year in the Government Bank. I am planning to proceed my studies in Canada but what would be the factor in getting admitted to the school?
Thank you for your time. God speed!Reply
- RS says:December 18, 2017 at 8:31 pm
which school is better , Haskayne Ted rogers or John Molson, i have admit from all three of themReply
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