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.

  1. 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.
  2. Top universities: Canada boasts around 45 institutions offering MBAs, with eight of them ranking among the top in the country, ensuring quality education.
  3. 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.
  4. 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.
  5. 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
Thompson Rivers UniversityMBA 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 WindsorMBA 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 ColumbiaMBA 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 SaskatchewanMBA 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
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MBA Specializations In Canada

SpecializationDescriptionSkillsCareers
Business AnalyticsThe 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 learningData analyst, business intelligence analyst, financial analyst
FinanceThis 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 managementFinancial analyst, investment banker, portfolio manager
MarketingThis 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, advertisingMarketing manager, product manager, brand manager
Human ResourcesThis specialization teaches students about art of managing individuals within organizational settings. Topics included are recruitment, training, and compensation.Employee relations, talent management, performance managementHuman resources manager, recruiter, training manager
Operations ManagementStudents 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 manufacturingOperations manager, supply chain manager, quality control manager
International BusinessThis 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 marketingInternational 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.

ScholarshipUniversity NameEligibilityAmount (CAD)Amount (INR)
Forte Fellowship AwardsRotman School of ManagementMerit-based for women10,000 to 25,0006,18,912.07 to 15,47,280.19
Entrepreneurship FellowshipIvey Business SchoolMust have completed the Ivey Certificate in Entrepreneurship and New Venture Project 40,0002475648.30
Laurentian Bank MBA Leadership AwardDesautels Faculty Of ManagementMust demonstrate leadership quality4,000247564.83
General entrance scholarshipSmith School of BusinessMerit-based10,000 to 70,0006,18,912.07 to 43,32,384.52
UBC Sauder scholarships and awardsSauder School of BusinessMerit-based10,000 – 60,0006,18,912.07 to 3713472.44

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Requirements For MBA In Canada

These are the requirements for MBA universities in Canada. There are certain requirements that are specific to each college.

RequirementsDescription
Curriculum vitae or resumePrepare a comprehensive CV or resume outlining your academic and professional achievements.
Official transcriptProvide your official academic transcript as part of the application process.
Minimum undergraduate degreePossess an undergraduate degree and meet the minimum score requirements set by the institution.
English proficiency test scoresSubmit IELTS, TOEFL, or PTE scores as proof of English proficiency for studying in Canada.
GMAT or GRE scoresPresent scores from either GMAT or GRE as required by the university.
Work experienceMany 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 permitEnsure 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 ExaminationsTests
GMATThe Graduate Management Admission Test (GMAT) is required for admission to many MBA programs in Canada. It measures your quantitative, verbal, and analytical reasoning skills.
GREThe Graduate Record Examinations (GRE) is accepted by some MBA programs in Canada. It measures your verbal, quantitative, and analytical writing skills.
IELTS and TOEFLThe 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
University of WindsorMBA 16 Months Canada, Windsor May, 24: Closed 12,000 per term 7,42,694.49 per term More Details
University of Northern British ColumbiaMBA 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
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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
Carleton UniversityCanada, 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 ColumbiaCanada, 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
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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 WindsorCanada, 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 UniversityCanada, 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 UniversityCanada, Ottawa May, 24
September, 24
January, 25
31,808 per year 19,65,078.06 per year More Details
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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:

  1. Job Opportunities: Canada’s job market, especially in SMEs, creates a demand for over 150,000 professionals annually, making it attractive for MBA graduates.
  2. Major Hotspots: Cities like Toronto, Vancouver, and Montreal are major hubs for job opportunities after completing an MBA in Canada.
  3. 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 RoleAverage Salary (CAD)
Operations Manager82,328
Project Manager97,974
Financial Manager115,332
Business Analyst74,976
Investment Banker97,430
Marketing Manager76,727
Chief Financial Officer (CFO)262,000
Human Resources Manager103,414
Management Consultant85,612

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 MBARegular MBA
Who Can DoMid to senior-level professionalsTypically recent graduates or individuals with 1-5 years of work experience
ExperienceRequires substantial work experience (usually 5-15 years)Can be pursued directly after completing a bachelor’s degree
Teaching StyleLeverages collective experience of the cohortMore traditional classroom-based learning
Learning SupportTailored support for experienced professionalsGeneral 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

  • McMaster University

    McMaster 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…

  • University of Alberta

    University of Alberta, 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…

  • Western University

    Western 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…

  • McGill University

    McGill 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…

  • University of British Columbia

    University of British Columbia, located in Canada has plenty of 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 student…

  • University of Toronto

    University of Toronto, 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…

  • University Canada West

    University Canada West, 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…

  • University of Saskatchewan

    University of Saskatchewan, 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. Acme Study helps with choosing the right institution for their further…

  • Trent University

    Trent University, in Canada, offers numerous undergraduate and graduate programs. If you’re considering studying in Canada, check out the programs, fees, and other facilities at this university. Acme Study helps with choosing the right institution for their further studies and student application…

  • Wilfrid University

    Wilfrid 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…