1. Quality Education: Canada is known for providing high-quality education. Many Canadian universities and business schools are globally recognized and offer rigorous MBA programs that are designed to prepare students for leadership roles in the business world.
2. Diverse and Inclusive Environment: Canada is a multicultural country that embraces diversity and promotes inclusivity. Studying in such an environment can expose you to various perspectives and cultures, enhancing your ability to work in diverse teams and navigate global business environments effectively.
3. Networking Opportunities: Canadian business schools often have strong connections with the industry. They organize networking events, guest lectures, and career fairs, providing ample opportunities for students to connect with professionals, potential employers, and alumni who can offer valuable insights and open doors to career opportunities.
4. Global Outlook: Canada has a strong international outlook, making it an ideal place to study business with a global perspective. The country's economy is connected to various international markets, and Canadian business schools often emphasize global business strategies, international trade, and cross-cultural management.
5. Post-Graduation Work Opportunities: Canada offers excellent post-graduation work opportunities for international students. Upon completing your MBA, you may be eligible for a work permit that allows you to gain valuable work experience in Canada. This can enhance your chances of securing employment and even provide a pathway to permanent residency in Canada.
6. Quality of Life: Canada consistently ranks high in terms of quality of life, safety, and overall well-being. The country is known for its natural beauty, welcoming communities, and high standards of living. Studying in Canada can provide you with an enriching educational experience while offering a safe and comfortable environment.
7. Competitive Advantage: An MBA from a reputable Canadian institution can give you a competitive edge in the job market. Canadian degrees are well-regarded globally, and the skills and knowledge gained during your MBA program can make you an attractive candidate for employers both within Canada and internationally.
University |
Course Duration |
Fees (Approx.) |
Specializations |
|---|---|---|---|
|
Rotman School of Management - University of Toronto |
2 years (Full-time) |
CAD 120,680 |
Finance, Consulting, Marketing, Entrepreneurship, Healthcare Management, Global Management, Real Estate, Business Design |
|
Ivey Business School - Western University |
1 year (Full-time) |
CAD 105,000 |
General Management, Entrepreneurship, Finance, Consulting, Marketing, International Business |
|
Schulich School of Business - York University |
16 to 20 months (Full-time) |
CAD 94,000 (International) / CAD 67,500 (Domestic) |
Finance, Accounting, Business Analytics, Marketing, Entrepreneurial Studies, Real Estate & Infrastructure, Arts, Media & Entertainment Management, Global Mining Management, Health Industry Management, Retail Management, Social Sector Management |
|
Sauder School of Business - University of British Columbia |
16 months (Full-time) |
CAD 65,500 (Domestic) / CAD 88,100 (International) |
Innovation and Entrepreneurship, Strategy and Consulting, Finance, Marketing and Sales, Business Analytics and Decision Making, Operations and Logistics, Sustainability and Social Innovation, Real Estate, Business Technology Management |
|
Desautels Faculty of Management - McGill University |
20 months (Full-time) |
CAD 95,000 (International) / CAD 43,500 (Domestic) |
Finance, Marketing, Strategy & Leadership, Global Strategy & Leadership, Business Analytics, Entrepreneurship, Real Estate Leadership, Supply Chain & Operations Management |
|
Smith School of Business - Queen's University |
12 months (Full-time) |
CAD 87,000 (International) / CAD 65,000 (Domestic) |
Finance, Marketing, Consulting, Entrepreneurship & Innovation, Business Analytics, Healthcare Management, Social Impact, Digital Transformation, Supply Chain Management |
1. Fall Intake: The fall intake is the primary intake for most MBA programs in Canada. It typically starts in September, and the application deadlines are usually between December and February of the same year. This intake allows students to begin their studies in the fall semester, which aligns with the academic calendar of most universities.
2. Winter/Spring Intake: Some universities in Canada also offer a winter or spring intake for their MBA programs. This intake usually starts in January or February, with application deadlines falling between September and November of the previous year. The winter/spring intake allows students to join the program in the middle of the academic year.
University |
Specializations |
QS World Ranking 2021 |
|---|---|---|
|
Rotman School of Management |
Finance, Consulting, Marketing, Entrepreneurship, Healthcare Management, Global Management, Real Estate, Business Design |
51 |
|
Ivey Business School |
General Management, Entrepreneurship, Finance, Consulting, Marketing, International Business |
95 |
|
Schulich School of Business |
Finance, Accounting, Business Analytics, Marketing, Entrepreneurial Studies, Real Estate & Infrastructure, Arts, Media & Entertainment Management, Global Mining Management, Health Industry Management, Retail Management, Social Sector Management |
102 |
|
Sauder School of Business |
Innovation and Entrepreneurship, Strategy and Consulting, Finance, Marketing and Sales, Business Analytics and Decision Making, Operations and Logistics, Sustainability and Social Innovation, Real Estate, Business Technology Management |
130 |
|
Desautels Faculty of Management |
Finance, Marketing, Strategy & Leadership, Global Strategy & Leadership, Business Analytics, Entrepreneurship, Real Estate Leadership, Supply Chain & Operations Management |
145 |
|
Smith School of Business |
Finance, Marketing, Consulting, Entrepreneurship & Innovation, Business Analytics, Healthcare Management, Social Impact, Digital Transformation, Supply Chain Management |
151 |
|
Haskayne School of Business |
Energy Management, Finance, Marketing, Entrepreneurship and Innovation, Global Energy Executive MBA |
251-300 |
|
DeGroote School of Business |
Accounting, Entrepreneurship and Innovation, Finance, Health Services Management, Marketing, Strategic Business Valuation |
251-300 |
|
Beedie School of Business |
Business Analytics, Finance, Management of Technology, Marketing, Sustainable Innovation, Entrepreneurship and Innovation |
301-350 |
|
Telfer School of Management |
Finance, Entrepreneurship, Business Analytics, International Management, Marketing, Real Estate, Health Systems, Leadership and Human Resource Management |
401-450 |
1. On average, for domestic students: The tuition fees for an MBA program in Canada range from approximately CAD $25,000 to CAD $60,000 per year. However, prestigious universities or specialized MBA programs can have higher tuition fees that exceed this range.
2. For international students: The tuition fees for an MBA program in Canada are generally higher compared to domestic students. The fees for international students can range from approximately CAD $30,000 to CAD $120,000 per year. Again, this range can vary based on the university, program, and location.
Expense |
Cost per Year (CAD) |
|---|---|
|
Tuition Fees |
$25,000 - $60,000 |
|
Accommodation |
$8,000 - $20,000 |
|
Food |
$3,000 - $6,000 |
|
Transportation |
$1,200 - $2,500 |
|
Books and Supplies |
$1,000 - $2,000 |
|
Health Insurance |
$600 - $1,500 |
|
Miscellaneous |
$2,000 - $4,000 |
|
Total |
$40,800 - $96,000 |
1. Academic Qualifications: You are typically required to have a bachelor's degree from a recognized university or college. The degree can be in any discipline, although some MBA programs may prefer applicants with a background in business or a related field. The minimum grade point average (GPA) required may vary, but a competitive GPA is usually expected.
2. Work Experience: Many MBA programs in Canada prefer candidates with some prior work experience. The required work experience can vary, but typically ranges from 2 to 5 years of professional experience. Some programs may also have specific requirements for the type or level of work experience.
3. GMAT/GRE Scores: Most MBA programs in Canada require applicants to submit their scores from the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE). These standardized tests assess the applicant's analytical, quantitative, verbal, and writing skills. However, some universities may waive the GMAT/GRE requirement for applicants with significant work experience or other qualifications.
4. English Language Proficiency: If English is not your first language, you will need to demonstrate proficiency in English by providing scores from standardized English language tests such as the International English Language Testing System (IELTS) or Test of English as a Foreign Language (TOEFL). Minimum score requirements may vary between universities and programs.
5. Letters of Recommendation: MBA programs often require applicants to submit letters of recommendation from individuals who can assess their academic or professional abilities and potential. These letters are typically provided by professors, supervisors, or employers who can speak to your qualifications and suitability for the program.
6. Personal Statement or Statement of Purpose: Many universities ask applicants to submit a personal statement or statement of purpose. This is an essay where you can articulate your motivations, career goals, and how an MBA program aligns with your aspirations.
1. Application Form: Most universities will have an online application form that you need to complete. This form collects your personal information, educational background, work experience, and other relevant details.
2. Academic Transcripts: You will need to provide official transcripts from all post-secondary institutions you have attended. These transcripts should include information about the courses you have taken, grades received, and the degree awarded.
3. Resume/Curriculum Vitae (CV): A current and updated resume or CV that highlights your education, work experience, skills, achievements, and any other relevant information.
4. Letters of Recommendation: Typically, you will be required to submit two or three letters of recommendation. These letters should be written by individuals who can speak to your academic abilities, work experience, leadership potential, and overall suitability for the MBA program.
5. Standardized Test Scores: You may be required to submit scores from standardized tests such as the GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination). Some universities may also accept alternative tests or waive the test requirement for applicants with significant work experience or other qualifications.
6. English Language Proficiency Test Scores: If English is not your first language, you will need to provide scores from an English language proficiency test such as IELTS (International English Language Testing System) or TOEFL (Test of English as a Foreign Language).
7. Statement of Purpose or Personal Statement: This is an essay where you can articulate your motivations, career goals, and how an MBA program aligns with your aspirations. It allows you to showcase your communication skills and demonstrate your fit for the program.
8. Application Fee: There is usually an application fee associated with submitting your application. The amount can vary between universities.
1. Canadian Government Scholarships: The Canadian government offers various scholarship programs for international students, such as the Vanier Canada Graduate Scholarships and the Canadian Commonwealth Scholarship Program. These scholarships are highly competitive and cover a range of disciplines, including business administration.
2. University Scholarships: Many Canadian universities offer scholarships specifically for MBA students. These scholarships may be based on academic merit, leadership potential, or financial need. Some examples include the Schulich School of Business Entrance Scholarships at York University, the Rotman School of Management Entrance Awards at the University of Toronto, and the Sauder School of Business Entrance Scholarships at the University of British Columbia.
3. External Scholarships: There are numerous external organizations that provide scholarships for MBA students in Canada. These organizations may be industry-specific, region-specific, or based on certain criteria. Some examples include the Women in Business MBA Scholarship by Forté Foundation, the John H. Watson National Entrance Scholarship by Chartered Professional Accountants of Canada (CPA Canada), and the TD Scholarships for Community Leadership.
4. Employer Sponsorship: Some employers offer sponsorship programs for their employees pursuing an MBA. If you are currently employed, it's worth inquiring with your employer about any scholarship or financial assistance opportunities they may provide.
5. Diversity and Inclusion Scholarships: Many organizations and universities have specific scholarships to support underrepresented groups in business, such as women, minorities, and individuals from disadvantaged backgrounds. Examples include the Forté Fellows Program, the INSEAD MBA Diversity Scholarships, and the Smith School of Business MBA Entrance Awards for Women.
6. Professional Association Scholarships: Professional associations related to business and management fields often offer scholarships for MBA students. These associations include the Canadian Association of Management Consultants (CMC-Canada), the Canadian Institute of Management (CIM), and the Project Management Institute (PMI) Canada.
1. Management Consultant: MBA graduates often pursue careers as management consultants, providing strategic advice and solutions to organizations. The salary for management consultants in Canada can range from approximately CAD $60,000 to CAD $150,000 per year, depending on factors such as experience, consulting firm, and client engagements.
2. Marketing Manager: With an MBA, you can pursue roles as a marketing manager, overseeing marketing strategies, product development, and brand management. Salaries for marketing managers in Canada typically range from approximately CAD $60,000 to CAD $130,000 per year, depending on the industry and level of experience.
3. Financial Analyst/Manager: MBA graduates can work as financial analysts or managers, responsible for financial planning, analysis, and decision-making within organizations. Salaries for financial analysts/managers in Canada can vary widely, with ranges typically between CAD $60,000 and CAD $140,000 per year, depending on the industry and experience level.
4. Business Development Manager: MBA holders can pursue careers as business development managers, responsible for identifying growth opportunities, establishing partnerships, and expanding market reach. Salaries for business development managers in Canada can range from approximately CAD $60,000 to CAD $150,000 per year, depending on the industry and the size of the organization.
5. Operations Manager: MBA graduates often find opportunities as operations managers, overseeing the efficient management of processes, supply chains, and logistics within organizations. Salaries for operations managers in Canada typically range from approximately CAD $70,000 to CAD $130,000 per year, depending on the industry and level of responsibility.
6. Entrepreneur/Start-up Founder: Some MBA graduates choose to start their own businesses or become entrepreneurs. Earnings in entrepreneurship can vary greatly and depend on the success and profitability of the venture.
|
Intake |
January / Winter Session and May/ Summer Session |
|
Eligibility |
|
|
Exam |
English Test:- IELTS, TOEFL Aptitude Test:- GMAT |
|
Fees Structure |
$28,500 to $38,300/Per Year* ( Rs. 15,39,000 to 20,68,200/Per Year) CAD |
|
Hostel/Accommodation |
$10900/Per Year* ( Rs. 588,600/Per Year)* CAD |
|
Duration |
2 Years |
|
Medium of Instruction |
English |
|
Top Universities for MBA in Canada |
|
|
Scholarship |
|
|
About Canada |
Capital City: Ottawa |
Canada, a North American country is the second-largest country of the World whose climate varies with its vast area. This country experiences the Arctic climate in the North and hot summers in the south. It is a country with parliamentary democracy and a constitutional monarchy with a high rank in liberty, quality of life, economic freedom, and educational standards. Due to these reasons, this country has a large number of increased immigration every year. This country comes in developed nations and has a strong and advanced economy as compared to many countries around the globe.
This country produced fourteen Nobel laureates in Physics, Medicine, and Chemistry in the year 2018 and secured fourth in the world for scientific research quality. It has a large number of publicly funded Universities from which fifteen are listed in the top 500 Universities across the globe.
Its average temperature reaches about -15°C that can drop to even -40°C with chilled winds. In some regions of it like coastal ones, snow persists for about six months in a year whereas Northern provinces may experience a year-round coverage of snow. On the other hand, its high temperature on the west and east coast lies between 25°-30°C as an average.
There are many reasons to justify your MBA study in Canada worthy. These are:
This country has a high standard of education. It’s up to the mark quality of education due to equal emphasis on practical as well as theoretical knowledge and updated curriculum makes it a suitable option to pursue MBA there.
The low cost of education in this country as compared to other developed countries like USA, UK, Australia is also a beneficial feature of studying MBA in Canada.
There are about 15 universities of Canada in the top 500 countries of Canada. Therefore, large number of good and established Universities in Canada is one another very important advantage to study MBA in Canada.
Part-time works, scholarships are easily available in most of the Canadian Universities which makes stay and study in Canada affordable and possible for economically weaker students.
Canada is a welcoming and diverse country. It attracts many international students to come and study there.
It is easy to obtain a Canadian student VISA for MBA or any other course. It makes it easier for students to shift there.
MBA degree from any good University of Canada is quite worthy according to its curriculum and fee structure.
MBA is a very reputed and valuable course in India as well as other countries of the world. This not only opens up large opportunities in business for students but also gives enough knowledge about working to modern business.
Studying MBA from a foreign country like Canada increased chances of recruitment in MNC’s with good salary packages. Therefore, it is necessary to have proper knowledge of eligibility and admission process for MBA in Canada.
Here are the eligibilities:
Every Canadian University and Business school has its application dates that mostly depend on one another. Some of them have one deadline while others have two different admission times in a year. An early application for your favorite top University is advised for more possibility of qualifying.
There are mainly three modes to get the application form of Universities:
Downloading from the university website,
Requesting application via E-mail or
By CEC (Canadian Education Centre) in Delhi.
The admission process of Universities may vary with the region therefore it is always good to check the University webpage to get more accurate information.
All documents related to graduation programs like Mark sheets, admission letters, etc. (Some Canadian Business schools demand transcript sealed and attested copy of mark sheet).
Scores of all standardized tests like TOEFL, IELTS, and GMAT
Work Experience proof (It can be your resume or experience letter)
Letter of Recommendation (LOR) from any known colleague or professional you have worked with.
Statement of Purpose (SOP) that should have your distinguishing reason to pursue the course and personal interests that may impress the admission authorities.
Statement of purpose or SOP is an essay of about 1500 words describing yourself, your goals, future aspirations, vision, and achievements. It is an important part of your application for MBA admission in Canada as many universities take it very seriously for the process of selection. This can be the only document distinguishing you from thousands of applications.
It should be original and not copied at all.
It should cover all the important points like your introduction, dream, study options, future expectations in an orderly manner.
It should be innovative but formal that can establish you as a suitable candidate.
There are mainly two application intakes by most of the Canadian Universities – Fall and Spring.
Fall (September) intake is more suitable for admission and runs from December to April.
Spring (January) Intake starts in May and ends in August.
However, some Universities have rolling application deadlines. Hence to know more accurately, visit the website of Universities you want to apply in.
The application fee of Canadian Universities is higher for international students as compared to local applicants.
It lies from $130 to $200 including the fee for out-of-province transcripts.
Every International student requires a student VISA to officially stay in Canada or any other country to complete his/her studies for which they have to meet the requirements of the Canadian Immigration Act and Regulations. Normally, it takes about two months for completing VISA formalities.
Student application form with all documents and details.
Letter of Acceptance from a Canadian University or Business school.
Completed Supplementary Questionnaire for students
Bank Draft or Cheque as a VISA application fee.
NOTE: Proof of funds is also required to show the authorities that you have enough economical potential to bear the cost of travel, stay, and study in Canada for at least 12 month period. The amount decided for Canada is $10,000 per year.
An Interview with a VISA officer may take place in some cases where basic questions about yourself and reason for your going to Canada can be asked.
This is the final stage for getting Canadian VISA. The applicant must be in good health to pass this medical test.
Most of the Canadian Universities have 2-year course duration of MBA. But it may take about 18 months to have an MBA degree.
However, some Universities like Ted Rogers School of Management, Edward School of Business MBA provides a year special MBA program for students who already have a Master’s degree in some field and wants to complete their MBA in one year.
Syllabus of MBA in Canada is divided in two years with two semesters each.
The World of the General Manager and Strategic Management
Managerial Micro and Macroeconomics
Managerial Data Analysis
Management Skills and Organizational Behaviour
Financial and Managerial Accounting
Marketing Management
Operations and Supply Chain Management
International Business
Strategic Management of Information Technology
Strategy Formulation and Implementation
Business Simulation
Final Project
Reputed and highly paid MBA degree comes after a good amount of tuition fee to College or Business schools. MBA from Canada is expensive than many other countries like Germany, Poland, France, etc. but it is cheaper than an MBA from the USA. If talked about worthiness, it is worthy to spend on tuition fee for studying in top Universities of Canada that provides world-class education and up-to-date marketing knowledge with practical application lessons. It is also very obvious that the MBA is one of the highly paid professions in the World if completed from a reputed Institution and Canada has many top-ranked Universities of the World.
The Average Tuition fee for MBA from any top Universities of Canada lies in the range of $25,000 to $85,000 per year. The fee varies with Universities and their facilities. There are some Universities like Ivey Business School that costs about $1, 01,500 as per year tuition fee for MBA. Applicants must first get the idea of fee for the University they are applying so that it doesn’t go out of budget.
One Canadian Dollar costs about 50.94 Indian Rupees. This is a big difference in the currency of both countries that must be kept in mind when thinking of studying there. The Average Tuition fee for MBA per year in Indian rupee lies between 15 Lakh to 53 Lakhs Indian rupees.
Canada has mainly three types of MBA programs to suit students with diverse vision and time availability. They can choose the MBA program of their choice depending on their requirements.
It is the traditional MBA that is offered by the majority of Business Schools and Universities in Canada and all around the World. It is a general management degree that gives students the basic idea of the functioning of business and its internal mechanism. Finance marketing, human resources, and strategies are some topics taught in this MBA program. This course also allows students to focus on the field he/she wants to work in the future. The duration of this MBA in USA and Canada is 2 years commonly unlike the most European regions where 1-year courses are seen more.
It is for those who have to make hard choices between pursuing an MBA and work to increase their learning and widen their options. This is the solution to lack of time in working adults of this contemporary world who wants an MBA degree but cannot attend long lectures. Instead, these MBA programs are scheduled on the campus of Business schools and universities on convenient hours and weekends or evenings. The trend of this MBA is increasing every year.
Duration of this MBA varies in length as it depends on various facto₹ Most of the time, it gets completed in about 2-3 years but can last for 5 years or even more depending upon the number of hours of teaching. Some colleges provide accelerated part-time MBA programs that get completed in the almost same duration as a Full-time MBA.
This MBA is basically another version of the traditional MBA. The main things that differentiate it with part-time or normal MBA programs are its average age group of students, study hours, and experience required. Executive MBA program needs an experience of at least 10-15 years and is almost like a part-time MBA in terms of its study hours and pace. Most people perusing Executive MBA don’t attend classes regularly and mostly opt weekends for study. Also, the fee for the Executive MBA program is paid by the employer, unlike the normal MBA scenario. Its normal average age of students is about 38 years.
Joseph L. Rotman School of Management- University of Toronto
Schulich School of Business- York University
Ivey Business School- University of Western Ontario
McGill University- Desautels Faculty of Management
Stephen J.R. Smith School of Business- Queen’s University
HEC Montréal
Sauder School of Business- University of British Colombia
John Molson School of Business- Concordia University
Haskayne School of Business- University of Calgary
Beedie School of Business- Simon Fraser University
It was established in 1950 with Roger Martin, one of the most influential thinkers in the field of Management as its dean. Rotman is known for providing innovative and most integrative management courses since many years. It promises to transform the leadership potential of students into fresh and emerging business heroes of the North American business market.
Ranked #1 Business School of Canada by Financial Times, this Business school is located in Downtown Toronto city that is known as a safe, welcoming, and reputed city of Canada for business purposes. The School has been hosting business leaders of Operational management and Entrepreneurship since years. It also provides summer internships to give students some work experience. Rotman has a special welcome gesture for Indian students.
Tuition Fee – $1, 20,680 for two years
MBA Courses available – MBA, JD/MBA, MGA (Master of Global Affairs), Master of Financial Economics, Morning and Evening part-time MBA, Collaborative programs in Asia Pacific studies, and Environmental studies.
GMAT Score required – 540 to 790
MBA World Ranking – 29th
Located in Toronto, Ontario, Schulich is Canada’s one of the preeminent Business Schools that is known for anticipating the new trends in business since many past decades. The School gives respect to every student’s uniqueness by focusing on different aspects of their characters like Skills, Knowledge, personality, and aptitude.
The Institution is ranked #1in Canada by The Economist, Forbes and CNN Expansion, and many other established organizations. It is considered top for the number of sustainability-related top journals. Schulich School of Business offers two types of Undergraduate programs which are BBA and iBBA (International Bachelor of Business Administration and a range of MBA programs with and without specialization. These are MBA, International MBA, Executive MBA, and MBAs with specialization in fields like Accounting, AI, Business Analytics, Finance, Management, Marketing, etc. The cut-off list for this Business School is usually quite high.
Tuition Fee –$26, 020 per term for Full-time MBA of International students.
MBA Courses available –BBA, iBBA, MBA, iMBA, Executive MBA, MBA with specializations, Post-MBA Graduate Diplomas in Advanced Management, Financial Engineering, Intermediate Accounting, etc. and even Ph.D. in Administration
GMAT Score required – 600 to 660 (average)
MBA World Ranking – 59th
Ivey Business School was founded in 1949 and is named after Richard M. Ivey after the donation of $11 million by his family in 1995. The business school is commonly known as Ivey since then. It is known for its extraordinary track record of developing leaders and providing real-world based education. The innovative and practical approach of the School prepares the students to tackle today’s leadership challenges.
Ivey is also ranked #1 by many organizations like Bloomberg Business Week, The Economist, The Financial Times, etc. in Canada for its MBA programs. Plus it has an overall score of 45.1 in the Bloomberg Business week 2019 International MBA ranking.
Tuition fee – $117,500 for International students
MBA Courses available – Full-time MBA, Executive MBA, Accelerated MBA, and MBA Direct for HBA s.
GMAT score – 670
MBA World Ranking – 53rd
This University was founded in 1821 with currently over 300+ study programs. It has the highest number of Nobel Prize winners in the any other University of Canada with about 40,000 students from around 150 countries around the globe.
McGill is known as an established Institution for providing learning of advancements in knowledge and creation by a World-class system of education. A large number of excellent students are given by this University in almost every field. It's almost 24% of students are from outside of Canada making it a prime option for MBA by International students.
Tuition fee – $98,000 for MBA, $79,500* for professional Part-time MBA
MBA Courses available – MBA, Professional part-time MBA, Executive MBA, Law MBA
GMAT score – 660
MBA World Ranking – 42nd
Stephen J.R. Smith School of Business- Queen’s University is situated in Kingston, Canada, and is known as Canada’s premier Business school for its innovative way of teaching business. It is the World’s largest provider of executive education.
Since founded in 1841, the University has rich and outstanding traditions that make it one of the top universities in Canada. It teaches students to understand the business of the forefront.
Tuition fee – $63,239
MBA Courses available – Full-time MBA, Executive MBA, Accelerated MBA, etc.
GMAT Score – 654
MBA World Ranking – 38th
Hautes études commerciales de Montréal was founded in 1907 and is known as the first established Business school in Canada. It is a French-language University Institution that prepares students for leadership in all spheres of activity for example teaching, researches, and social involvement.
This University offers a range of undergraduate as well as graduate level of programs in various disciplines of business and management. It offers teaching in three languages which are- English, French, and Spanish.
There are about 4300+ International students in this University from around 140 nations with a student-faculty ratio of 23:1. It is ranked #11 World-wide by Forbes in the Non-USA business school listing and 47th in the International New York Times.
Tuition fee – $49,000
MBA Courses available – MBA full-time in English, French, and Spanish.
GMAT score required – 570
MBA World Ranking – 51st
Founded in 1916, Alberta School of Business is located in Edmonton, Alberta. It is one of the very well-known Institutions for Business training and researches that provide personalized and high-quality education to its every student. It especially focuses on entrepreneurial leadership skills in its students so that they can develop their business world.
The University promises to provide world-class faculty which can equip students with knowledge and skills in Business and Management. Experimental learning, International opportunities, and a wide range of specialization programs are some highlights of this Business school.
Tuition fee – $57,909
MBA Courses available – Full-time MBA, Fast track MBA, Part-time MBA, Executive MBA.
GMAT score – 550
MBA World Ranking – 101st
Located in Vancouver, Sauder School of Business aims to provide ethical and effective business skills and knowledge to its bright students who it believes can reshape the future of Business.
Due to its collegial and vibrant environment, students have experimental learning with a balance of global immersion and collaboration. This Business school is ranked #1 Business school of Canada by Maclean’s magazine and 45th by the QS Global for World’s 250 Business schools.
Tuition fee – $83,263
MBA Courses available – Full-time MBA, Professional MBA, International MBA
GMAT score – 550 to 650
MBA World Ranking – 96th
JMSB was established in 1974 in Montreal, Quebec. It provides an engaging learning and research environment to its students to help them achieve their highest potential.
John Molson has about 157 full-time faculties from about 32 countries teaching about 8,497 students. About 88% of its graduate students and 87% of undergraduates get employed after 3months of graduation.
Tuition fee – $45,000
MBA Courses available – Full-time MBA, MBA in Investment Management, Executive MBA.
GMAT score – 635
MBA World ranking – 77th
Haskayne School of Business by the University of Calgary was established in 1967 and named after Richard H. Haskayne. Its learning goals for the MBA program involves effective communication, critical thinking, decision making, incorporation of ethical, social, and environmental principles in business strategies and group leading skills.
Along with a single degree MBA s, Haskayne provides some dual-degree MBA courses too for students of Science and other fields. These dual degrees MBA s are of 48-month duration conducted in mostly the English language. It is one of the most dynamic business institutions in Canada.
Tuition fee – $26, 637
MBA Courses available – Day-time MBA, Evening MBA (part-time), Thesis based MBA, Executive MBA, and Global Energy Executive MBA
Dual degrees: MBA/MBT (Master of Biomedical Technology), MBA/JD, MBA/MD, MBA/MPP (Master of Public Policy), MBA/MPlan (Master of Planning)
GMAT Score – 550
MBA World Ranking – 95th
This University was established in 1965 in Metro Vancouver, British Columbia. There are about 700+ MBA students in the School studying dynamics of global-class research for knowledge of the economy.
Beedie is known to go innovative discarding traditional principles to give its students and up to date set of strategies and skills of the contemporary business world. Innovation and experimentation to stay advanced can be seen in its curriculum and other activities.
Tuition fee – $31,015
MBA Courses available – Full-time MBA, part-time MBA, Executive MBA, Executive MBA in Indigenous Business leadership
GMAT score required – 550
MBA World Ranking – 158th
Living cost involves accommodation expenses for the time of completion of MBA in Canada. Students can stay in campus dormitories, the school provided homestays, hostels or they can go for off campus stays from their own like rental rooms or other lodging facilities.
|
Campus Homestays |
$500-$900 /month |
|
Campus Dormitories |
$3500- $9,000/year |
|
Off Campus stay |
|
This part of the expense involves food, travel, and other necessary expenses. These highly depend on the city you are living in and the choices you are making for your quality of living. It is just a rough idea of what your expense chart will look like. These are expenses per year.
|
Books and Stationary |
$1000 - $1500 |
|
Food and Beverages |
$4500 - $5000 |
|
Medical Insurance |
$500 - $700 |
|
Travel and Tickets |
$800 - $1000 |
|
Personal Expenses |
$1700 - $2000 |
Here is the list of most popular scholarships available for MBA students in Canada-
Ontario Graduate Scholarship (for Ontario region)
Rotman School of Management Scholarship (for Rotman students only)
Global Business Leader of Tomorrow Scholarship (Candidates related to Saudar)
Accelerated Career Scholarship ( For Saudar students)
AIMCo MBA Award (Alberta MBA Scholarship)
United World Colleges (UWC) International Youth Scholarship
UBC International Leader of Tomorrow Award
Humber College International Entrance Scholarship
Ivey MBA Scholarship
Haskayne School of Business MBA Entrance Scholarship
Robert Krembil Scholarship of Merit (Schulich School of Business Scholarship)
The Thomas Beck MBA Award (Schulich School of Business)
Due to the high cost of living and tuition expenses, it is not always simple to go to Canada as an MBA destination. But some options can make your studying MBA in Canada possible. These are Educational loans provided by many Govt. as well as private banks and other financers as a facility to help economically weaker students to fulfil their dream of completing MBA in Canada.
Some of these with their features are:
Features |
SBI Bank |
ICICI Bank |
Axis Bank |
BOB Bank |
|
Loan Amount |
₹7.5 Lakh - ₹20 Lakh |
₹40 Lakh- ₹1 crore |
₹40 Lakh |
₹60 Lakh- ₹80 Lakh |
|
Loan Interest Rate |
10.15% |
11.5% |
11-13 % |
9.25-10% |
|
Margin |
Up to 4 Lakh-NIL Above 4 Lakh-15% |
Up to ₹20 lakh: NIL |
Up to 4 Lakh-NIL Above 4 Lakh-15% |
Up to 4 Lakh-NIL Above 4 Lakh-10% |
|
Processing Time |
7-10 days |
7 days |
7 days |
7-10 days |
|
Processing Fee |
₹ 10,000 + GST |
1% of loan amount + GST |
₹15,000- 0.75% of loan amount + GST |
₹10,000 + GST |
Other than this Public sector and private sector banks, some Non-banking financial companies provide education loans to students but their interest rates are mostly higher than the banks.
It is quite clear that as much attractive it is to study MBA from Canada as tedious the task is to get admission there. Due to lack of proper knowledge and a hell lot of process involved in this thing like admission application, VISA requirements, boarding, and lodging, etc. people go for consultancy services that make the whole process quite clear and easy to them.
But not all consultancies are trustworthy enough to handle your money and the future of your child. There are lots of frauds and scams done by many consultancies in name of guaranteed admission of the student to his/her choice of University and course.
Education has become business for many and that has led to emerging of a large number of fraud student agents and scammed consultancy services. There are lots of things that can go wrong by choosing a fraud consultancy for getting admission to Canadian or any other foreign University. Many times the VISA provided by these fraud companies gets found out as illegal and some other times students get some else course or University that he/she didn’t apply for. Not only has this, even in some cases, due to the faults and scams of some fraud consultancies, but the person also lost all chances of getting admission to any college there.
Therefore, here are some tips that you can keep in mind the time you go for any time of consultancy for admission procedures:
Double-check the University or Business school you are applying for MBA by yourself before confirmation and avoid having blind trust in the services for that.
Never agree for any course just by hearing about it from your agent. Always do qualitative research from your side to prevent any kind of regrets in the future.
Those who promise your admission or VISA are mostly fake ones because there is no guarantee for both of these things.
It’s always your right to ask all your doubts to them. You should also ask for some sort of written proof if you feel difficulty in believing any of their words.
Go for a review check of the agent of consultancy you are thinking of trusting. It will give you a clearer image of their background and transparency.
Just like Scammed consultants can reduce your chances of admission, the right consultants can actually boost your chances to the highest. This is because of the wide and organized network of theirs that help see every possible opportunity required to get you admission to your desired Business school and course.
These consultancies are quite familiar with the working of the whole admission scenario and have their efforts to fit you in the most suitable seat available according to your described requirements.
They help you get your VISA and make your travel, stay and other facilities easier. A good consultancy puts as many options as possible in front of you to choose the best for you.
We are a team of professionals who has the experience, expertise, and excellence in guiding young aspirants seeking to have foreign education by all the network and resources we acquire. As professionals, we separate the wheat from the chaff for you so that whole of the hectic steps involved in your way of studying abroad can become easier.
Our Facilities involve –
Studying and staying abroad is a big decision that requires a large amount of research and counselling before coming to the final decisions. Therefore, our services provide you the most updated and wide view of information to make your decision-making process easy and more accurate. We have top-notch experts who are quite familiar with all the mechanisms and trends in the field to help you have the best guidance for your future.
Internet is full of hundreds of Universities for every course with lots of inaccurate and insufficient information. This makes most of the students confused about where to apply and where not. Our experts put forward the best and personalized lists colleges as per the requirements and other suitability of the student. All information we provide is always verified as updated.
We can find you best student loan or financial help suitable as you and your child’s profile. This is a very important step to get the right loan for the study expenses otherwise it may become hard or burdensome to repay it in the future. This process is one of the hardest due to lots of numbers and factors involved in a loan. What we do is researching every factor of loans to select the best one for you. There is complete transparency in the whole process from our side.
We ensure that every application you submit is free from any kind of errors and presents you the best as a candidate. We have our team of professionals for reviewing and editing each application to avoid any chance of rejection at all.
After assisting you in your applications, we provide further guidance to help you crack the tests like TOEFL, IELTS, and GMAT, etc. that are essential for your selection. Every required detail is available with us to help increase your chances of getting your dream University or Business school.
It is economically challenging to complete your study in a foreign land. Therefore, we keep you updated with all the opportunities available to make your stay viable. Our professionals have a complete list of all the scholarships you are eligible for and guide you to get them.
This is another tedious job for students and their parents to complete the requirements of their studies. We make sure that all your VISA application details are accurate and favourable to get you a VISA. You are also prepared for your VISA interview by our experts as per the latest guidelines available.
After completing all the above steps, we give our assistance in your travel and insurance processing to finally ensure your comfortable stay in a foreign land. All of our arrangements and assistance are trustworthy.
We are very well aware that how complicated it can be to go to a different country for studies and living there, therefore, a pre-departure briefing of all the necessary information related to the country and basic training to establish a safe stay of yours there is provided by us.
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