MBA in Canada

 

Course Overview

The Master of Business Administration (MBA) is an internationally recognized degree designed to prepare students for jobs of the future. It focuses on developing both industry-specific knowledge as well as high in-demand soft skills like leadership, empathy and interpersonal skills.

An MBA degree can propel a professional career across industries and functional departments. There are over 2000 MBA programs offered globally with multiple options to specialize in, like Finance Leadership, International Management, Consulting, Technology Management, Entrepreneurship and more. The core curriculum includes subjects like accounting, operations, marketing, and economics.

 

Eligibility Criteria for MBA Program in Canada:

The following are the standardized tests for MBA aspirants to qualify, for applying in Canadian universities. Primarily there are two entrance exams to qualify for studying MBA in Canada:

GMAT– Graduate Management Admission Test / GRE– Graduate Record Examination
IELTS– International English Language Testing System / TOEFL– Test of English as a Foreign Language

GMAT is the preferred entrance exam for admissions in most of the business and management schools in Canada. It consists of GMAT analytical writing assessment, GMAT integrated reasoning, GMAT quantitative reasoning, and GMAT verbal reasoning.

GRE scores are also now accepted for admission in MBA programs. There are two types of GRE tests: GRE general tests on GRE verbal reasoning, GRE quantitative reasoning & GRE analytical writing and GRE subject test gauges knowledge of a particular field of study like Biology, Chemistry, Literature in English, Mathematics, Physics, Psychology.

Both TOEFL and IELTS, test English language skills in reading, listening, speaking and writing.

Apart from these entrance exam scores, to apply for an MBA program a Bachelor’s degree, academic transcripts, letters of reference, and an essay or statement of purpose stating why you want to pursue an MBA degree, professional certificates (if applicable)  will have to be submitted.

 

Intake & Application Deadlines

The primary intake is in September / Fall Session
A few allow for a January / Winter Session and May/ Summer Session intake.
The ideal time to begin applications is 9-12 months prior to the intake deadline.

Know more about the Upcoming Intakes to Study in Canada.

 

Tuition Fees

The tuition fee or cost of an MBA in Canada varies depending on the type of college, course, study duration, and college location. On an average fee range for an MBA course is $ 30000-40000 per year

Scholarships for MBA in Canada are few. The ones available are highly competitive and based on merit. Some known ones are Ontario Graduate Scholarships (OGS) and the Go Clean Scholarship.

 

Type of MBA Programs and Course Duration in Canada 

A traditional full-time MBA program will typically last two years (24 months). This is the most sought-after program as it offers immersive tracks to study and focuses heavily on giving students maximum real-world experience.

There are institutions to study in Canada offering accelerated MBA programs, that last one year (12 months) or a year and a half (18 months).

Apart from these, there are part-time and Executive MBA (EMBA) programs available for students to enrol in. Both these programs are generally taken by working professionals, who attend the program while maintaining a full-time job.

Learn more about Types of MBA Programs.

Are You Planning to Pursue MBA from Canada?
Click Here to Book Your Free 1-On-1 Session with Experts

Common MBA Application Mistakes

There can be multiple reasons for applications to get rejected. Applications that are incomplete, that have grammatical mistakes will generally not get through. It is important for applicants to proofread the applications, especially the essay section. At Manya Education, as part of our admission services, we help applicants with edit services to ensure their application is error-free. A well-written and organized application will always stand a better chance of impressing the admission panel.

Related Blog: 10 Mistakes to Avoid in Your MBA Application

 

Why study an MBA in Canada?

In recent years, Canadian universities have become popular for MBA programs. Let us look at some of the reasons that make Canada the preferred choice among Indian students:

Internationally Recognized Degrees

Degrees conferred by Canadian universities are globally recognized and highly valued by international employers. The University of Toronto, University of British Columbia, McGill University, University of Waterloo are among the top 50 engineering and technology institutes in the world.

Low Cost of Education and Living

In spite of being a developed nation, the cost of higher education in Canada is comparatively cheaper than its western counterparts. High-quality education at an affordable tuition fee gives Canada its unique advantage.

Low cost of living compared to the US and UK, safety, stability, and a multicultural environment makes Canada an ideal destination

High Living Standards

Canada consistently ranks among the top 10 countries in the United Nations Quality of Life Index since 2004. Canada ranks above average in education and skills, jobs and earnings, health, safety, environmental quality, wealth and subjective well-being.

Immigration-Friendly Policies

Canada is known to be the most immigration-friendly nation in the world. Its policies are geared towards encouraging immigration from across the globe. This is one of the primary reasons to choose Canada as a study destination. It allows a post-study to stay back option of 3 years for students that can easily lead to immigration later.

 

Top Business Schools in Canada

According to QS Global MBA Rankings 2021, the following are the top MBA colleges in Canada:

Rotman School of Management, Toronto

The Rotman School of Management is an intense 20-month program that combines 16 months of academic study with a 4-month opportunity for a paid flexible internship during one of three work terms. The School of Management is part of the University of Toronto, Full-Time MBA Program.

QS Canada Rank #1
Duration 19 months
Avg. GMAT 658
Fee (USD) $80k-$90k

McGill University, Desautels

The MBA program at McGill University Desautels Faculty of Management ranks as one of the world’s most recognized and international degree programs. McGill’s global reputation and alumni network make Desautels a great place for students to take their career to the next level.

QS Canada Rank #2
Duration 20 months
Avg. GMAT 659
Fee (USD) $60k-$70k

Smith School of Business, Queen’s University

Smith School of Business at Queen’s University is renowned for its excellence, innovation, and leadership in business education. The Full-time MBA takes a flexible and highly personalized approach that allows you to build the right program for your career goals.

QS Canada Rank #3
Duration 12 months
Avg. GMAT 650
Fee (USD)$70k-$80k

Ivey Business School, Western University

Ivey Business School, Western University is Canada’s leading provider of real-world, case-based business education. The one year MBA program starts in March and is designed for high-achieving leaders who are ready to accelerate their career success

QS Canada Rank #4
Duration 12 months
Avg. GMAT 657
Fee (USD) $80k-$90k

Schulich School of Business, York University

The Schulich, York University Full-Time MBA is a 16-20 month program that offers an integrated approach to general management fundamentals. The program offers 18 different specializations, year-round study options including full-time, part-time and accelerated.

QS Canada Rank #5
Duration 16 months
Avg. GMAT 667
Fee (USD) $80k-$90k

Average Median Salaries for MBA Graduates

  • Schulich School of Business -$87,000
  • Rotman School of Management- $79,673
  • Ivey Business School- $77,744
  • University of Queen’s- $74,048
  • McGill University- $67,494Source: https://www.topuniversities.com/university-rankings/mba-rankings/global/2021

 

Top Industries to Choose (Post MBA)

  • Consulting
  • Consumer Goods
  • Financial Services
  • Technology
  • Finance
  • Data & Analytics
  • Sales
  • Marketing & Communications
  • General Management
  • Product Management

 

Student Visa Terms and Provisions

A Canadian student visa is referred to as a ‘Study Permit’. The Immigration, Refugees and Citizenship Canada (IRCC) website has updated information on the latest visa and immigration requirements. Students are advised to study the application requirements thoroughly before applying for a visa.

  • To apply for a Study Permit, a student should have received admission from a university that is listed under the Designated Learning Institutions (DLI) list authorized by IRCC.
  • Once a student has received admission, they can submit their visa applications at any VFS centers or file their application online via the IRCC website.
  • The visa application also requires the submission of visa documents such as passport­ sized photos, a valid passport, an admission letter from the university, financial and academic documents, test scores, fee receipt (mandatory), scholarship and work experience documents (if applicable) and a medical report.

 

Post Study Stay Back Options

A post-graduation work permit (PGWP) grants permission to international students to remain in Canada and work full time for up to three years after graduating from a Canadian post-secondary institution. The length of the work permit depends on the length of the program.

Are You Planning to Pursue MBA from Canada?
Click Here to Book Your Free 1-On-1 Session with Experts

Planning to study abroad?
Get free 1-on-1 counselling with our experts

Find Popular Colleges/Universities in Canada

If your are aspiring to study in Canada and are searching for the best fit university to match your profile, then you're at the right place!

More About Studying in Canada

The Education System in Canada

Studying in Canada is increasingly becoming the top choice for international students. ... Know More >

Student visa assistance for the Canada

Have you bagged an admit in the university of your choice in ... Know More >

Entry Requirements for Canada Universities

Interested in studying abroad? Finalised Canada as your dream destination? You are ... Know More >

Job Opportunities for International Students in Canada

Canada is one of the most popular study abroad destinations and rightly ... Know More >

Top Universities in Canada

Canada is indisputably one of the top study abroad destinations. The fact ... Know More >

Cost of Studying in Canada

Canada is one of the most popular destinations for international students worldwide. The ... Know More >

Upcoming Intakes to Study in Canada

Taking forward our exploration of the maze of intakes and deadlines ... Know More >

Scholarships to International Students in Canada

Canada consistently ranks among the top five countries for higher education, excelling ... Know More >

Manya Admission Consulting Packages

Icon- 7

Ultra Premium

Most popular and premier admission consulting service* by distinguished Ivy League mentors.

Exclusive

Our accomplished study abroad industry veterans will enable you to maximize your chances of admission to your dream university.

Premium

Meet our experienced advisors who will counsel you on the best-suited options

Partner

Our advisors will advise & assist you in applying to universities from our partner universities bucket.

Other Top Destinations

MBA Courses in Other Countries

About Study in Canada

Our Top Admits

  • University of Toronto
  • Brandon Lee
  • Kolkata | CAND23868
  • University of Alberta
  • Monal Nasa
  • New Delhi | CAND24759
  • McGill University
  • Mmalgari Shanthi
  • Chennai | CAND18560
  • University of Waterloo 
  • Solaiappan Alagappan
  • Chennai | CAND26856 

Upcoming Webinars/Events

Distinct Strategies to Improve Your SAT Score
20 October, 2021 | 05:30 PM onwards

Study Abroad Webinar 22 Oct 21
22 October, 2021 | 05:30 PM onwards

Kings Webinar 26 Oct 21
26 October, 2021 | 05:30 PM onwards

ACAD TUT Master Class 29 Oct 21
29 October, 2021 | 06:00 PM onwards

Trending Articles

10 Benefits of Enrolling for Higher Education in Canada

When you think of Canada, what is the first thing that comes to mind? Is it ... Read More >