Whether you’ve just completed your bachelor’s and planning do your business studies in Canada or you’re a working professional looking to enhance your skills and career through a prestigious MBA degree in Canada, we’re here to guide you. This post covers top MBA universities, cost involved, scholarships, requirements, cheapest MBA options in Canada, job prospects post-graduation, and more.
Why Study MBA In Canada?
Pursuing MBA in one of the best MBA universities in Canada offers significant benefits for international students, providing exposure to the global business stage. Top MBA colleges in Canada offer a platform for extensive exposure and learning in the business world.
- Global exposure: Studying in Canada provides a global stage for showcasing your expertise, with notable personalities like Elon Musk and Margaret Atwood having studied there.
- Top universities: Canada boasts around 45 institutions offering MBAs, with eight of them ranking among the top in the country, ensuring quality education.
- Part-time work opportunities: Pursuing an MBA in Canada offers numerous part-time job opportunities, allowing you to manage expenses and build a professional network alongside your studies.
- Post-study work opportunity: After completing your MBA from one of the best business schools in Canada, you can apply for a post-study work permit, offering excellent prospects for working abroad.
- Entrepreneurial development: The MBA course in Canada, especially from the best business schools, not only enhances business skills but also fosters an entrepreneurial mindset through real project work, showcasing talents in practical scenarios.
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Best MBA Programs In Canada For Indians
You may find 1 year MBA programs, 2 year MBA programs, on-campus and online MBA programs in Canada in the table given below. Find out MBA in Canada fees for various universities.
Logo | University | Programs | Duration | Location | Intakes | Fee (CAD) | Fee (INR) | More Details |
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Thompson Rivers University | MBA | 2 Years | Canada, Kamloops | May, 24: Closed September, 24 January, 25 | 51,381 per course | 31,80,032.13 per course | More Details | |
University of Windsor | MBA | 16 Months | Canada, Windsor | May, 24: Closed | 12,000 per term | 7,42,694.49 per term | More Details | |
University of Manitoba | MBA | 1 Year | Canada, Winnipeg | September, 24 January, 25 | 48,300 per course | 29,89,345.32 per course | More Details | |
Trinity Western University | MBA | 21 Months | Canada, Langley | April, 24: Closed September, 24 | 45,000 per course | 27,85,104.33 per course | More Details | |
Lakehead University | MBA MBA With Advanced Studies In Management | 1 Year | Canada, Thunder Bay | September, 24 | 41,000 per course | 25,37,539.50 per course | More Details | |
University of Northern British Columbia | MBA | 21 Months | September, 24: Closed | Canada, Prince George | 8,660 per semester | 5,35,977.86 per semester | More Details | |
Vancouver Island University | MBA | 20 Months | September, 24 January, 25 | Canada, Nanaimo | 51,408 per course | 31,81,703.19 per course | More Details | |
Brock University | MBA MBA - International Student Pathway | 1 Year | September, 24 January, 25 | Canada, Hamilton | 71,773 per year | 44,42,117.63 per year | More Details | |
University of Saskatchewan | MBA | 2 Years | May, 24 July, 24 September, 24 | Canada, Saskatoon | 68,189 per year | 42,20,299.54 per year | More Details | |
Cape Breton University | MBA In Community Economic Development | 2 Years | April, 24: Closed September | Canada, Vancouver | 46,141 per course | 28,55,722.20 per course | More Details | |
University of Prince Edward Island | MBA In Global Leadership | 2 Years | May, 24: Closed September, 24 | Canada, Charlottetown | 2,363 per credit | 1,46,248.92 per credit | More Details |
MBA Specializations In Canada
Specialization | Description | Skills | Careers |
---|---|---|---|
Business Analytics | The students in this specialization use data to solve business problems. The topics are focused on how to collect, clean, analyze, and interpret data. | Data mining, data visualization, machine learning | Data analyst, business intelligence analyst, financial analyst |
Finance | This area of specialization centers on the financial facets of business, delving into topics such as financial markets, investments, and corporate finance, providing students with valuable insights into these critical areas. | Financial modeling, risk management, portfolio management | Financial analyst, investment banker, portfolio manager |
Marketing | This course is about product and service marketing, encompassing essential subjects like market research, product development, and branding, empowering students with comprehensive knowledge in these dynamic fields. | Consumer behavior, marketing research, advertising | Marketing manager, product manager, brand manager |
Human Resources | This specialization teaches students about art of managing individuals within organizational settings. Topics included are recruitment, training, and compensation. | Employee relations, talent management, performance management | Human resources manager, recruiter, training manager |
Operations Management | Students can learn about supply chain management, inventory management, and quality control, equipping them with the expertise to streamline processes and enhance overall business performance. | Process improvement, logistics, lean manufacturing | Operations manager, supply chain manager, quality control manager |
International Business | This specialization focuses on the global aspects of the business. Students learn about international trade, cultural differences, and foreign exchange. | Cross-cultural communication, global business strategy, international marketing | International business manager, export manager, import manager |
MBA Scholarships In Canada
If you aspire to pursue an MBA abroad with scholarships, showcasing academic excellence and achieving a remarkable GMAT score can significantly boost your chances. A strong academic background, impressive scores, and an all-around stellar profile can help secure MBA scholarships in Canada.
Scholarship | University Name | Eligibility | Amount (CAD) | Amount (INR) |
---|---|---|---|---|
Forte Fellowship Awards | Rotman School of Management | Merit-based for women | 10,000 to 25,000 | 6,18,912.07 to 15,47,280.19 |
Entrepreneurship Fellowship | Ivey Business School | Must have completed the Ivey Certificate in Entrepreneurship and New Venture Project | 40,000 | 2475648.30 |
Laurentian Bank MBA Leadership Award | Desautels Faculty Of Management | Must demonstrate leadership quality | 4,000 | 247564.83 |
General entrance scholarship | Smith School of Business | Merit-based | 10,000 to 70,000 | 6,18,912.07 to 43,32,384.52 |
UBC Sauder scholarships and awards | Sauder School of Business | Merit-based | 10,000 – 60,000 | 6,18,912.07 to 3713472.44 |
To find out suitable scholarships for you, fill the form, and our student advisor will reach you soon.
Requirements For MBA In Canada
These are the requirements for MBA universities in Canada. There are certain requirements that are specific to each college.
Requirements | Description |
---|---|
Curriculum vitae or resume | Prepare a comprehensive CV or resume outlining your academic and professional achievements. |
Official transcript | Provide your official academic transcript as part of the application process. |
Minimum undergraduate degree | Possess an undergraduate degree and meet the minimum score requirements set by the institution. |
English proficiency test scores | Submit IELTS, TOEFL, or PTE scores as proof of English proficiency for studying in Canada. |
GMAT or GRE scores | Present scores from either GMAT or GRE as required by the university. |
Work experience | Many universities prefer a minimum of two years of work experience, although exceptions can be found in some institutions. |
Letters of Recommendation (LORs) | Submit two professional and one academic Letter of Recommendation as part of the application. |
Statement of purpose (SOP) | Compose a Statement of Purpose outlining your aspirations and reasons for pursuing an MBA. |
Valid passport and study permit | Ensure you have a valid passport and obtain a study permit for your stay in Canada. |
Here are some of the exams that are important for MBA candidates to know about if you are searching for Canada best university for MBA.
Standard Examinations | Tests |
---|---|
GMAT | The Graduate Management Admission Test (GMAT) is required for admission to many MBA programs in Canada. It measures your quantitative, verbal, and analytical reasoning skills. |
GRE | The Graduate Record Examinations (GRE) is accepted by some MBA programs in Canada. It measures your verbal, quantitative, and analytical writing skills. |
IELTS and TOEFL | The International English Language Testing System (IELTS) and Test of English as a Foreign Language (TOEFL) are English language proficiency tests accepted by many MBA programs in Canada. IELTS measures your listening, reading, writing, and speaking skills, while TOEFL assesses your proficiency in English. |
Cheapest MBA In Canada For Indians
Logo | University | Programs | Duration | Location | Intakes | Fee (CAD) | Fee (INR) | More Details |
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University of Windsor | MBA | 16 Months | Canada, Windsor | May, 24: Closed | 12,000 per term | 7,42,694.49 per term | More Details | |
University of Northern British Columbia | MBA | 21 Months | September, 24: Closed | Canada, Prince George | 8,660 per semester | 5,35,977.86 per semester | More Details | |
University of Prince Edward Island | MBA In Global Leadership | 2 Years | May, 24: Closed September, 24 | Canada, Charlottetown | 2,363 per credit | 1,46,248.92 per credit | More Details |
MBA In Canada Without GMAT
Most business schools in Canada typically require either GMAT or GRE scores for admission to MBA programs. However, there are universities and business schools in Canada that don’t insist on GMAT scores, especially for students with exceptional academic and professional achievements. It’s important to note that not requiring GMAT doesn’t compromise the quality of education. In such cases, you still need to meet other admission criteria set by the university.
Logo | University | Location | Intakes | Fee (CAD) | Fee (INR) | More Details |
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Carleton University | Canada, Charlottetown | May, 24: Closed September, 24 | 2,363 per credit | 1,46,248.92 per credit | More Details | |
University of Manitoba | Canada, Winnipeg | September, 24 January, 25 | 48,300 per course | 29,89,345.32 per course | More Details | |
Memorial University of Newfoundland | Canada, St. John's | September, 24: Closed | 20,790 per year | 12,84,393.01 per year | More Details | |
University of Northern British Columbia | Canada, Prince George | September, 24: Closed | 8,660 per semester | 5,35,977.86 per semester | More Details | |
Brock University | Canada, Hamilton | September, 24 January, 25 | 71,773 per year | 44,42,117.63 per year | More Details | |
Royal Roads University | Canada, Victoria | April, 24 September, 24 January, 25 | 4,500 per course | 278007.14 per course | More Details | |
Trent University | Canada, Peterborough | January, 25 | 4,513 per term | 278810.28 per term | More Details | |
Lakehead University | Canada, Orillia | September, 24 January, 25 | 112,046 per course | 6922130.78 per course | More Details | |
University of Lethbridge | Canada, Lethbridge | September, 24 | 21,304 per year | 1316147.60 per year | More Details | |
University of Prince Edward Island | Canada, Charlottetown | May, 24:: Closed September, 24 | 25,518 per year | 15,76,485.85 | More Details | |
University of the Fraser Valley | Canada, Abbotsford | September, 24 | 33,074 per course | 20,43,290.73 | More Details |
Admission Requirements
- IELTS or TOEFL scores
- A GPA of 3.0 or above in the bachelor’s degree
- At least 2 years of work experience
- Resume
- Two or more letters of recommendation
- GRE scores
MBA In Canada Without Work Experience
International students are increasingly choosing Canadian business schools for their MBA studies, as reported by the Graduate Management Admissions Council (GMAC). Unlike many other countries, Canadian MBA programs often don’t require prior work experience for admission.
While it’s commonly believed that MBA programs require work experience, not all business schools emphasize this criterion. This assumption can disadvantage fresh graduates. Fortunately, several reputable Canadian B-schools offer MBA programs without the need for prior work experience.
Logo | University | Location | Intakes | Fee (CAD) | Fee (INR) | More Details |
---|---|---|---|---|---|---|
University of Windsor | Canada, Windsor | May, 24: Closed | 12,000 per term | 7,42,694.49 per term | More Details | |
Vancouver Island University | September, 24 January, 25 | Canada, Nanaimo | 51,408 per course | 31,81,703.19 per course | More Details | |
Cape Breton University | April, 24: Closed September | Canada, Vancouver | 46,141 per course | 28,55,722.20 per course | More Details | |
Thompson Rivers University | Canada, Kamloops | May, 24: Closed September, 24 January, 25 | 51,381 per course | 31,80,032.13 per course | More Details | |
Brock University | September, 24 January, 25 | Canada, Hamilton | 71,773 per year | 44,42,117.63 per year | More Details | |
Carleton University | Canada, Ottawa | May, 24 September, 24 January, 25 | 31,808 per year | 19,65,078.06 per year | More Details |
MBA Jobs In Canada For Indians
In Canada, pursuing an MBA is highly sought after by international students due to the promising job opportunities it opens up. The Canadian job market, particularly in cities like Toronto, Vancouver, and Montreal, offers substantial opportunities, with small and medium-sized enterprises (SMEs) being major employers.
Key Points:
- Job Opportunities: Canada’s job market, especially in SMEs, creates a demand for over 150,000 professionals annually, making it attractive for MBA graduates.
- Major Hotspots: Cities like Toronto, Vancouver, and Montreal are major hubs for job opportunities after completing an MBA in Canada.
- Analysis Topics: The blog will cover various aspects such as stay-back options, popular MBA specializations, major recruiters, MBA starting salary in Canada, effective job search techniques, and return on investment (ROI) after completing an MBA for international students.
Salaries After MBA In Canada
Job Role | Average Salary (CAD) |
---|---|
Operations Manager | 82,328 |
Project Manager | 97,974 |
Financial Manager | 115,332 |
Business Analyst | 74,976 |
Investment Banker | 97,430 |
Marketing Manager | 76,727 |
Chief Financial Officer (CFO) | 262,000 |
Human Resources Manager | 103,414 |
Management Consultant | 85,612 |
Frequently Added Questions
How much does MBA in Canada cost?
The average cost of studying an MBA in Canada is around CAD 30,000-40,000 per year, making it a more affordable option compared to pursuing an MBA in Canada.
What is the difference between an Executive MBA and a Regular MBA?
Executive MBA | Regular MBA | |
Who Can Do | Mid to senior-level professionals | Typically recent graduates or individuals with 1-5 years of work experience |
Experience | Requires substantial work experience (usually 5-15 years) | Can be pursued directly after completing a bachelor’s degree |
Teaching Style | Leverages collective experience of the cohort | More traditional classroom-based learning |
Learning Support | Tailored support for experienced professionals | General support for a diverse range of students |
What is the cheapest 1 year MBA in Canada?
Opting for a 1-year MBA in Canada can be a cost-effective choice for international students. The shorter duration reduces living expenses and allows for a quicker return on investment.
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MBA Universities In Canada
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Dalhousie University
Dalhousie University, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. AcmeStudy helps with choosing the right institution for their further studies and…
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Desautels Faculty of Management
Desautels Faculty of Management, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. AcmeStudy helps with choosing the right institution for their further…
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Capilano University
Capilano University, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. AcmeStudy helps with choosing the right institution for their further studies and…
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Concordia University
Concordia University, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. AcmeStudy helps with choosing the right institution for their further studies and…
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Queen’s University
Queen’s University, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. AcmeStudy helps with choosing the right institution for their further studies and…
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Schulich School of Business
Schulich School of Business, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. AcmeStudy helps with choosing the right institution for their further…
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HEC Montreal
HEC Montreal, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. AcmeStudy helps with choosing the right institution for their further studies and…
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Ivey Business School
Ivey Business School, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. AcmeStudy helps with choosing the right institution for their further studies…
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Rotman School of Management
Rotman School of Management, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. AcmeStudy helps with choosing the right institution for their further…
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Greystone College
Greystone College, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. AcmeStudy helps with choosing the right institution for their further studies and…