One of the most popular courses in Canada is the MBA. Over 40 institutions and universities around the nation offer MBA courses in Canada. An international student’s average price to pursue an MBA is INR 30 lakhs. However, the cost can vary from 20-40 Lakh INR based on the university. 31 Canadian institutes are ranked among the top 100 in 2024 Times Higher Education.

 

The supply chain, international relations, finance, and general management MBA specializations are among the most popular in Canada. The University of Toronto, Concordia University, McGill University, and the University of York are a few prestigious universities.

 

Read the blog, to know why to study MBA in Canada? Also, a brief knowledge about the best universities, requirements, fees, and more.

 

Why Study MBA courses in Canada?

 

For a variety of reasons, overseas students are choosing Canada as their MBA destination. Here are the reasons:

 

1. Renowned universities:

Several well-known institutes offer MBA (Master of Business Administration) to Indian students in Canada. Based on the QS Ranking 2024 list over 21 colleges were listed. There are plenty of job opportunities in Canada.

 

2. Best Cities for Students:

For overseas students, Canada is a very appealing destination. Vancouver, Toronto, Montreal, Quebec, and Ottawa are the best cities for students, according to the QS Best students Cities 2024.

 

3. Simple to Settle:

Canada is the country of choice for all overseas students who wish to settle and get a work visa because of its welcoming work policies.

 

4. Job Availability:

 Canadian Colleges partner with businesses from a variety of industries to expand curricular possibilities through placements.

 

Types of MBA courses in Canada:

Numerous MBA program options are provided by Canadian Universities to meet the criteria and needs of different kinds of overseas students. Here is the list below:

 

 

 

Full time	Part Time	Executive
Course duration 2 years	Comparable for a longer period than full-time	Program duration is 13 months.
Students must study full-time	Ideal for professional in the workforce who intend to finish their studies while working.	Aimed at students who wish to acquire real-world business expertise.

 

Best MBA courses for International students:

 Canada has a diverse selection of high-quality MBA programs that appeal to a variety of specializations and professional objectives.

Below is the list of MBA specialization which includes:

1. Finance
2. Entrepreneurship
3. Marketing
4. Technology management
5. Healthcare management
6. International Business
7. Human Resource management

 

Best Universities offer MBA courses in Canada:

Indian students can pursue an MBA in Canada at several reputable universities. Below is the list of universities:

 

Universities	Course Specialization
Mc Gill University	Finance  Marketing Business Analytics Entrepreneurship
The University of Toronto	Executive MBA (1 year) Global Executive MBA Full-Time MBA
Carleton University	Business Analytics Financial Management International Development Management
Acadia University	Accounting Finance Marketing Entrepreneurship & innovation
University of Waterloo	Quantitative Finance Business Entrepreneurship& Technology
York University	Business Consulting Digital Transformation Accounting
Queen’s University	Leadership Development Marketing Management Business Analytics Managerial Finance
Dalhousie University	Finance Leadership International Business Marketing Skill Management
University of Prince Edward Island	Executive MBA MBA in Global Leadership
St. Francis Xavier University	Accounting Cybersecurity Human Resource Management Supply chain Management Finance Data Analytics
Mc Master University	Master of Business (Co-op) Accelerated MBA Master of Business Administration

 

Eligibility Criteria for MBA Courses in Canada:

To enroll for MBA courses, depend on the availability of the programs in the universities/colleges students desire to pursue. Below are the basic requirements:

• Bachelor’s Degree
• GRE/GMAT score
• Employment History
• Visa & Passport
• English test score (IELTS, PTE or TOEFL)

 

1. Bachelor’s Degree:

To get eligible for MBA course students must demonstrate with minimum of 80%. The original transcript must also be presented.

 

2. GRE/GMAT:

Some of Canada’s MBA programs now require applicants to have a respectable GMAT score. The score varies based on the university and the courses applicant choose. The general score of GMAT is between 500-700.

 

3. Employment History:

When applying, candidates must have a minimum of two years of work experience in the suitable matter. Although it is not always recommended by all the universities. It necessary to check the requirement before applying.

 

4. English Test Score:

All international applicants must pass the English language test to admitted to Canadian Universities. Below is the minimum requirement:

            IELTS – 6.5

            TOEFL- 100

 

5. Visa & Passport:

To enroll in any program at any Canadian university, Indian applicants must have a current passport and student visa. Remember to submit the application for visa at least three months prior to the date.

 

Document required for MBA courses:

Check the documents required before submitting the application for MBA:

1. Educational Transcripts
2. Resume/CV
3. Letter of recommendation (LOR)
4. Statement of purpose (SOP)
5. Result of English proficiency test
6. GMAT score (if required)
7. Employment certificate

 

Admission Process for MBA courses in Canada:

The following is a step-by-step guidance for Canadian MBA applicants:

1. Decide the course applicant want to pursue and then check which universities offering that specific course.
2. Go to the university’s official website and get all information on admissions and eligibility.
3. Upload the digital copies of the documents such as Resume, GMAT scores & more)
4. Complete the required application form and pay the required fees.
5. If required, go through the interview with directors of the relevant universities.
6. After passing the interview, applicant will get offer letter.

NOTE: Check all the necessary deadlines before applying to the university/college.

 

Cost of Studying MBA courses in Canada:

The total cost of an MBA course in Canada is determined by the way applicant lives there and the fees of the university.

It is divided into 2 parts:

 

Living Expenses (per month)	Tuition Fees (one year)
CAD 15,000- 20,000 (INR 9,09,120)	CAD 40,000-100,500 (INR 60,91,110)
Covers amenities such as house rent, food, travel etc.	Depend on the course specialization and university student choose.

 

Scholarships for MBA courses:

 

International students can apply for a variety of scholarships from Canadian colleges and universities that are awarded according to various criteria. Some of the MBA scholarships in Canada are:

 

 

 

Scholarship	Description	Amount
Ontario Graduate Scholarship	Students enroll for full & part-time graduate programs in Ontario.	INR 9,09,120 per year
AIMCO Scholarship	Applicant registered for 1–2-year MBA course (full-time).	INR 6,06,080
MBA Indigenous Entrance Scholarship	Candidate selected for Ivey Business School based on their academic grades.	6,06,080 INR
Women Business Leadership Scholarship	Outstanding candidates from Sauder Business School who show a strong desire to promote women in leadership roles in business and to achieve gender equality.	INR 6,06,080- 24,24,320
Michael Lang Youth & Leadership MBA Award	Specially grant to the applicant who enroll for Fulltime for MBA course in first year.	6.06,080 INR

 

Career Opportunities after MBA:

Many notable organizations that provide job opening for recent graduates of MBA courses in Canada are:

1. Deloitte
2. Apple
3. Ubisoft
4. Amazon
5. Royal Bank of Canada

 

Job Designation	Estimated Wages (yearly)*
Data Analyst	INR 30,91,010 – 38,78,920 (CAD 51,000)
Operational Manager	87,88,180 – 93,94,260 INR (CAD 145,000)
Business Analyst	INR 49,09,260 – 56,36,550 (CAD 81,000)
Financial Analyst (Junior)	28,48,580 – 33,33,440 INR (CAD 47,000)

 

Finally, Canada’s welcoming environment and diverse culture makes it perfect place for study & personal growth. So, start the journey towards achieving goal of study in Canada & get ready for an endlessly exciting existence.

 

Still wondering which university will suite you well. Get in touch with our DY immigration experts to get all the answers related to studying abroad.

 

FAQ

Q1. Is pursuing an MBA in Canada worthwhile?

Ans: The best business-related and leadership expertise is excellently provided to Indian students doing an MBA in Canada. It’s a fantastic chance to get the education you need before entering a job.

 

Q2. How long does an MBA take in Canada?

 Ans: In Canada, an MBA program typically lasts two years. Nonetheless, some Canadian universities also provide one-year MBA programs.

 

Q3. Which English test is necessary to obtain an MBA in Canada?

 Ans: To study an MBA in Canada, you must demonstrate your English language competence on many exams, including the GMAT, TOEFL, and IELTS. To get admitted to an MBA program in Canada, applicants must have a minimum GPA of 3.0-3.5.

 

Q4. Does Canada require work experience for an MBA?

 Ans: Indeed. The best colleges in Canada require a minimum of two years of work experience for an MBA. However, several well-known Canadian universities offer MBA programs without requiring any prior work experience.