Before we even talk about the best colleges for an MBA in Canada, let us take a look at why Canada is a preferable destination to pursue an MBA. So, here are the top 5 reasons for you to choose Canada as your study destination, especially for an MBA:
It is widely known that MBAs are expensive courses and need one to be financially backed up to pursue an MBA. An MBA from a Canadian university has comparatively lower tuition fees and makes it rather affordable especially, when compared to MBAs from universities in the USA.
Canada offers a Post Graduate Work Permit after one completes graduation from a Designated Learning Institution (DLI). The validity of the permit depends on the length of the course. So, if you graduate from a programme less than two years in duration, then the validity of the permit will also be for the same duration. However, if your MBA is two years or longer, you will be given a three-year work permit. Furthermore, Canada has clear-cut point-based permanent residence programmes.
Be assured of good Return-on-Investment after graduating with an MBA in Canada. You can expect to start your post-MBA career with a salary of approximately CAD 94,021. Moreover, the employability rate in Canada is one of the highest at 85%.
Officially multicultural, Canada endorses immigration and is one of the most immigrant-friendly nations. Their policies are designed to attract more immigrants and make their transition smooth.
| Name of the B-School/University | Duration | Cost and ROI | Ranking within Canada | Class Profile |
|---|---|---|---|---|
| The Joseph L Rotman School of Management, University of Toronto
|
18 months | Cost: US$92,868 Post MBA Salary hike (Approx.): US$26,000 |
#1 for thought leadership
#2 for diversity and employability #3 for Return on Investment #4 for entrepreneurship and alumni outcomes |
Average student age: 27 years
Average work experience: 4 years Cohort size: 350 % of international students: 52% |
| The Desautels Faculty of Management, McGill University, Montreal | 22 months | Cost: US$70,880
Post MBA Salary hike (Approx.): US$36,000 |
#1 for diversity, entrepreneurship, and alumni outcomes
#2 for thought leadership and employability #3 for Return on Investment |
Average student age: 28 years
Average work experience: 5 years Cohort size: 85 % of international students: 84%
|
| Ivey Business School, University of Western Ontario | 12 months | Cost: US$ 84,817
Post-MBA salary hike (Approx.): US$8,000 |
#2 for entrepreneurship and alumni outcomes
#3 for employability #4 for thought leadership #6 for Return on Investment and Diversity |
Average student age: 28 years
Average work experience: 4.8 years Cohort size: 144 % of international students: 29% |
| Schulich School of Business, York University, Toronto | 20 months | Cost: US$72,214
Post-MBA salary hike (Approx.): US$48,000 |
#2 for Return on Investment
#4 for Diversity #5 for thought leadership #7 employability and entrepreneurship and alumni outcomes |
Average student age: 29 years
Average work experience: 4 years Cohort size: 360 % of international students= 55% |
| The Smith School of Business, Queen’s University, Ontario | 12 months | Cost: US$67,689
Post-MBA salary hike (Approx.): US$ 23,000 |
#1 for employability
#7 for thought leadership #8 for entrepreneurship and alumni outcomes #14 for Return on Investment #11 for diversity |
Average student age: 28 years
Average work experience: 4.4 years Cohort size: 91 % of international students: 42% |
| HEC Montreal | 12 months | Cost: US$26,440
Post-MBA salary hike (Approx.): US$6000 |
#3 for entrepreneurship and alumni outcomes
#4 for employability #5 for Return on Investment #9 for thought leadership #10 for diversity |
Average student age: 31 years
Average work experience: 7 years Cohort size: 40 % of international students: 64% |
| UBC Sauder School of Business, University of British Columbia | 16 months | Cost: US$61,786
Post-MBA salary hike (Approx.): US$8000 |
#3 for thought leadership
#3 for entrepreneurship and alumni outcomes #6 for employability #12 for diversity #15 for Return on Investment |
Average student age: 29 years
Average work experience: 6 years Cohort size: 97 % of international students: 51% |
| John Molson School of Business, Concordia University, Montreal | 16 months | Cost: US$10,592
Post-MBA salary hike (Approx.): US$36,000
|
#1 for Return on Investment
#9 for employability #12 for thought leadership #13 for entrepreneurship and alumni outcomes |
Average student age: 29 years
Average work experience: 6 years Cohort size: 81 % of international students: 68% |
| Alberta School of Business, Edmonton | 20 months | Cost: US$ 46,119
Post-MBA salary hike (Approx.): US$ 10,800 |
#6 for thought leadership
#8 for employability #12 for Return on Investment #14 for entrepreneurship and alumni outcomes #16 for diversity |
Average student age: 28 years
Average work experience: 4 years Cohort size: 59 % of international students: 49% |
| Beedie School of Business, Simon Fraser University, Vancouver | 12 months | Cost: US$ 39,581
Post-MBA salary hike (Approx.): US$ 19,700 |
#6 for entrepreneurship and alumni outcomes
#8 for Return on Investment #8 for diversity #10 for thought leadership #10 for employability |
Average student age: 29 years
Average work experience: 5 years Cohort size: 50 |
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