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Home > Articles > MBA COLLEGES IN CANADA: OVERVIEW, HIGHLIGHTS, WHY CANADA, ELIGIBILITY,COST, SCHOLARSHIP, JOBS, RECRUITERS
Updated on 29th December, 2023 , 4 min read
Canada, which is renowned for quality education of global recognition, offers MBA (Master of Business Administration) courses in 40 universities. Consistently making a place in the QS Global Ranking, MBA colleges in Canada have proved their commitment to fostering future business leaders. In the year 2023, there has been a 30% hike in Indian students choosing Canada as their study destination for pursuing an MBA. MBA colleges in Canada offer expert faculty, extensive practical sessions, diverse networking opportunities, excellent academic sessions, and global alumni contact which enhances professional growth for students in the ever-evolving global business market.
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Details | Description |
Course Name | MBA |
Course Full Form | Master in Business administration |
Duration | 1 to 2 years |
Admission Process | Merit based + Entrance exam |
Eligibility Criteria | Minimum GPA, English Proficiency Test, GMAT/GRE |
Course Fee | INR 11 - 59 Lakhs |
Entrance Exam | |
Salary | INR 58 lakh or $ 70,000 |
Top Recruiters | Apple, Deloitte Canada, Adidas, EY, KPMG, Barclays etc. |
Canada is known for its reputation for academic excellence. The high-quality education is the reason students choose Canada as their study destination. Complementing it, Canada has a diverse society; welcoming people with warm open arms. Numerous scholarships for Indian students in Canada and various work opportunities after post-graduation, offer ample scope to have excellent career prospects. Therefore, Canada has become a place where aspirations intersect with unparalleled opportunities. Outlined below are the reasons why MBA Colleges in Canada stands as the preferred study destination for Indian Students:
Also Read: Comprehensive Ranking System (CRS)
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Among 40 universities offering MBA courses in Canada, below given tableau lists the best MBA colleges in Canada:
College / University | Global MBA Rank | Canada MBA Rank | Fees (CAD) |
Rotman school of management, (Toronto) | 42 | 1 | 71,885 |
Stephen J.R. Smith School of Business (Queen’s) | 64 | 2 | 12,927 |
Richard Ivey School of Business (Western) | 72 | 3 | 86,772 |
Desautels Faculty of Management (McGill) | 74 | 4 | 32,292 |
Schulich School of Business (York) | 81 | 5 | 30,059 |
Sauder School of Business (UBC) | 84 | 6 | 107,959 |
HEC Montreal (Montreal) | 151 -200 | 9 | 59,000 |
Rowe School of Business (Dalhousie) | 151 -200 | 10 | 19,560 |
College / University | Global ranking | Fees (CAD) |
University of Ottawa | 203 | 22,389 |
University of Victoria | 322 | 33,546 |
University of Saskatchewan | 345 | 32,856 |
Laval University | 441 | 11,980 |
Memorial University of Newfoundland | 641-650 | 5,180 |
Canada also has colleges with low fees giving an edge to students who want to pursue an MBA without spending exorbitant amounts.
College/ University | Course | Fees |
University of New Brunswick | Full-time MBA | Approx. 7 lakh/year |
University of Guelph | Online/ Distance | Approx. 8.8 lakh/year |
Trinity Western University | Online/ Distance | Approx. 12 lakh/yea |
University of Northern British Columbia | Full-time MBA | Approx. 13 lakh/year |
Thompson Rivers University | Full-time MBA | Approx.14 lakh/year |
Eligibility criteria vary from college to college. However, mentioned below are some basic eligibility criteria for admissions in MBA colleges in Canada:
GMAT is a prerequisite for taking admission to MBA colleges in Canada. There are universities that provide full-time / part-time MBA courses without GMAT or work experience. Here is a list of MBA Colleges in Canada without GMAT:
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The fee structure in MBA colleges in Canada varies from institute to institute. Complementing lifestyle and choice of accommodation, living costs may tend to increase and decrease.
Thus, the average cost of living in Canada is 6 lakhs per year.
Securing financial assistance for international students pursuing an MBA, being a professional program, is often constrained in terms of available opportunities. However, students with exceptional academic records, relevant work experience, and other achievements may qualify for scholarships. Here are some popular scholarship programs students can apply for to pursue MBA in Canada:
Name of the Scholarship | Description |
University of Waterloo Graduate Scholarship | Merit based for graduate students |
Central Sector Scheme of National Overseas Scholarship for SC (except UK) | For students who want to pursue master’s or PhD abroad |
Go Clean Scholarship | For students who want to pursue higher studies abroad |
Scotiabank Scholarship | Amount of 30,000 CAD |
MBA Jobs in Canada
Canada’s reputation as a hub of quality business education exposes candidates to job placements that help them embark on prosperous careers after obtaining an MBA degree from a Canadian University. Following is the list of work opportunities.
Finance and accounting | Consultancy |
General management | IT service |
Healthcare Management | Education |
Oil and Gas | Legal jobs |
Apple | TC Energy | Amazon |
Bank of America | eBay | Barclays |
Deloitte (Canada) | Hyundai Canada | KPMG |
EY | Adidas | PwC |
HSBC | AT & T | Hewlett - Packard Enterprise |
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By - Nikita Parmar 2024-09-06 10:59:22 , 6 min readYes, Canada is one of the best study abroad destinations for pursuing MBA. MBA colleges in Canada emphasize on theoretical knowledge, practical skills and cater to diverse career aspirations of students. They have strong career service departments that help them secure internships and job placements.
Yes, MBA colleges in Canada are affordable as compared to the MBA colleges in other countries. Along with available scholarships provided by government, non government and institutions, such financial assistance helps students fulfill their dream of pursuing higher studies abroad.
Although admission requirements vary from institution to institution. Some basic requirements include GMAT/ GRE scores, Scores of English Proficiency Test - IELTS, TOEFL, PTE. A work experience for more than 2 years, SOP, LOR, Academic scores, Essays etc.
Canada is a hub of various international firms. An average salary of an MBA Graduate in Canada is around $70,000. Since MBA students have a global exposure, they can expect excellent placement offers.
If the course duration of MBA was 2 years, then one can stay for 3 years in Canada. Meanwhile if the course duration of MBA is 1 year, then a valid work permit is only for one year.
September/ Fall intake in Canada is highly preferred amongst students due to the availability of large seats in all the courses, availability of numerous scholarships etc.
Yes, Canada has pro immigration policies to cater diverse interests. You can apply for PR in Canada with an MBA degree. The process will hardly take 6 months.