Eligibility for MBA in Canada

Looking to pursue MBA from Canada? Check out the eligibility criteria for MBA in Canada ....

Tasmeet Singh
Tasmeet Singh

Jul 02, 2020 02:10:42

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Master of Business Administration (MBA) is one of the most prestigious postgraduate degrees that helps students to become experts in managing businesses in all forms like a small family business or a big company or a start-up. It is the most popular qualification to have and is widely recognized in India and abroad by the top employers. A Bachelor’s Degree will help give direction and shape to your career. But a Master’s Degree like an MBA will help broaden the career prospects. It will open new doors of opportunities in front of you.

Many people nowadays are opting to pursue MBA from abroad as it increases the chances of getting placed in an MNC at an excellent pay scale. But, overseas education can be quite costly, so it is very important that you make the right decision at the very beginning, so that, you can gain an education without worrying much about the fees.

Why an MBA from Canada?

The booming economy and the cultural diversity of this country attract students from across the globe. High living standards, affordable and quality education, multicultural exposure, and friendly post-study or working rules make this country a hot favorite among the international students. It is amongst the five destinations in the world to pursue higher education. So, if you wish to do an MBA from one of the best universities and also be economical, then Canada is the country for you. Canada is tagged as the world’s most educated country and also one of the safest places to live in the world.

Also, after completing MBA all the international students are eligible to apply for permanent residence in Canada. The universities in Canada give job opportunities, so you can easily settle in Canada after your MBA if you wish to.

Canada’s degree has high placement value and is highly recognized throughout the world. Another amazing factor to pursue MBA from Canada is that it is more affordable as compared to other countries like the U.S.A, the U.K., etc.

Also, the major cities in Canada are Vancouver, Montreal, Quebec City, and Toronto. So, in case you need a break during the course of your MBA, you can easily escape to any one of these cities and explore the multicultural and beautiful environment.

Benefits of pursuing MBA from Canada are:

  • The admission and visa process is simple.

  • Education institutes/Colleges in Canada offer internationally recognized degrees at an affordable cost.

  • Business programs offered by Canadian institutes give a boost to the careers of the MBA professionals, thus ultimately enhancing their earning potential.

  • The internship programs help the students to get an insight into the industry.

Types of MBA programs in Canada

MBA programs can broadly be classified into two types –

  1. General management program.

  2. Specialization program.

A general MBA program focuses on the fundamentals of management. The curriculum covers core management subjects such as HRM, Marketing, Finance, Entrepreneurship etc.

Apart from that, there also exist numerous MBA programs, which focus on a particular domain/discipline. Such programs are known as specialization programs.

A typical specialization program focuses on both general management subjects and specialization-specific subjects

Best Colleges in Canada

Best MBA Specializations in Canada

Canadian B-Schools are also generous when it comes to modes of learning. They offer wide variety of modes of learning. Here they are –

  • MBA in HR Management.

  • MBA in Marketing Management

  • MBA in Digital Marketing

  • MBA in IT

  • MBA in Travel and Tourism Management

  • MBA in Finance Management

  • MBA in Business Analytics

  • MBA in Healthcare Management

  • MBA in Media  Management

  • MBA in Aviation Management

  • MBA in Operations Management

  • MBA in Infrastructure Management

  • MBA in International Management

  • MBA in Event Management

Different modes of learning

In Canada, you will find learning modes designed for everyone’s needs! An individual may choose a learning mode based on his/her present status (employed, student, international student etc.).

Here are some of the notable learning modes –

  • Regular Classroom programs

  • Online learning programs

  • Distance Education programs

  • Fast-track programs (Accelerated MBA)

Eligibility to pursue MBA from Canada

Some of the basic requirements to pursue MBA from Canada are:

  • BACHELOR’S DEGREE: Candidates must have a Bachelor’s degree in any discipline from a recognized university/institution.

  • WORK EXPERIENCE: The candidate must have relevant work experience in any relevant field, as universities give preference to students with work experience of a minimum 12 months. It is not a mandatory criterion, but, students having work experience definitely have an edge over others.

  • ENGLISH LANGUAGE PROFICIENCY: Candidates belonging to non-native English speaking countries have to prove their English language proficiency, by scoring good marks in IELTS and TOEFL in order to secure admission.

  • GMAT: A good GMAT score is also required to get admission to a top university in Canada.

Business School

Average GMAT Score

University of Toronto (Rotman)

672

McGill University (Desautels)

655

University of Western Ontario (Ivey)

655

Queen’s University

650

University of British Columbia (Sauder)

646

HEC Montreal

630

University of Alberta

623

Application Process

The whole application procedure to study MBA in Canada is quite lengthy, so make sure you are applying at least 15 to 18 months before you are planning to start. You can easily get the application form for most of the universities on their official websites.

Below mentioned are the documents required for the application process:

  • ACADEMIC RECORD: It includes all the documents related to your graduation degree.

  • STANDARD ADMISSION TESTS: English language proficiency test (IELTS/TOEFL) scores and GMAT test score.

  • PROOF OF FUNDING: Financial documents and bank statements, to ensure your financial well-being.

  • WORK EXPERIENCE: Documents related to your work experience.

  • LETTER OF RECOMMENDATIONS from your previous or existing supervisor. It can be from your previous and current supervisors/managers or from your graduate faculty who have seen your work closely.

  • STATEMENT OF PURPOSE: This is one of the major elements of the application, as, on the basis of this, the admissions committee will evaluate the candidate.

  • VISA DOCUMENTS: Documents associated to visa.

If your application is successful, you will receive a ‘Letter of Offer’ from the university you have applied in. To confirm the offer, you will be required to respond to this letter by signing and sending an acceptance of the offer back to the institution. Usually, this can be done by email or, in some cases, by scanning and emailing the letter.

 Best MBA colleges in Canada:

  • HEC Montreal

  • Rotman School of Management

  • Edwards School of Business, University of Saskatchewan

  • Ivey Business School, University of Western Ontario

  • Desaultels Faculty of Management, McGill University

  • Saunder School of Business, University of British Columbia

  • Beedie School of Business, Simon Fraser University

  • Schulich School of Business, York University

  • Telfer School of Management, University of Ottawa

  • Queen’s School of Business

  • University of Alberta

  • McMaster University

Cost/ Quality of Life

 Canada is a great country to study in as it provides a high-quality lifestyle to all its residents & citizens. As a Canadian citizen, you will be exposed to various benefits that the state provides like, world-class health services and that too free. To pursue MBA in Canada, the average tuition fee is in the range of $30,000 – $40,000, which is far less as compared to what US universities charge.

Cost and Duration of MBA at Top Business Schools in Canada

 

College/ University

Duration

Course  Fee

Rotman School of         Management

 

        2 Years

$84,028

York University- Schulich

        2 Years

$99,400

Queen’s Smith School of Business

        1 Year

$71,445

University of Alberta

        20 Months

$53,392

 

McGill Desautel

        20 Months

$89,000

UBC Sauder

        16 Months

$60,440

HEC Montreal

        1 Year

$33,200

Ivey Business  School

        1 Year

$101,500

Financial Aid & Scholarships in Canada

Since an MBA is a professional course, the scope of getting a scholarship for international students for pursuing an MBA program in Canada is limited. However, students with excellent academic records and other achievements can get scholarships relevant to the program. Many times, because of the top scores in GMAT and other academic achievements, students are given a partial waiver, which means the half cost of their education is free. Apart from this, candidates who wish to get some financial aid can apply to these popular scholarship programs:

  • Ontario Graduate Scholarships (OGS): This fellowship is funded by the government with the aim to provide quality education at the masters and doctoral levels.

  • University of Waterloo Graduate Scholarship: Meritorious students who are pursuing graduate studies are offered this scholarship by the University of Waterloo.

  • Central Sector Scheme of National Overseas Scholarship: This scholarship is provided to the deserving students who wish to pursue masters or Ph.D. abroad.

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