McMaster University
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#14 in MBA/PGDM in Canada

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  • Institute IconDeGroote School of Business
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MBA
 at 
McMaster University 
Overview

Duration

20 months

Tuition & Fees

42.20 Lakh
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Course Level

PG Degree

MBA
 at 
McMaster University 
Fees

icon1st year tuition fees
Fees componentsAmount (for 1 year)
Tuition & feesINR 42,20,109
iconOther expenses in 1st Year
Fees componentsAmount (for 1 year)
Hostel & MealsINR 8,56,411
Application feeINR 9,833
Info IconCalculated at the exchange rate of 1 CAD = INR 65.55 | Tuition & expenses were last updated on 30ᵗʰ December 2025

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MBA
 at 
McMaster University 
Entry Requirements

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MBA
 at 
McMaster University 
 
Frequently Asked Questions

Q:   What is McMaster University MBA fees for international students?
A: 

The McMaster University MBA fees for international students is INR 59 L for first year. Students can check the complete first year package to study MBA at McMaster University:

Fees components

Amount

Tuition & fees

INR 58,86,720

Hostel & Meals

INR 7,20,510

Insurance

INR 46,358

Total

INR 66,53,588

Q:   What are the benefits of studying MBA at McMaster University Canada?
A: 

Master of Business Administration (MBA) is one of the best courses offered at McMaster University Canada. With the help of this course, students get to develop communication skills, analytical and strategic thinking abilities, and leadership skills by getting to work in teams. Given below are the details of the McMaster University MBA:

ParticularsDetails
Annual Tuition CostCAD 113,500 (INR 70 L)
Duration20 months (including an optional 4-month paid summer internship)
Placement Rate94% of the students get placed within 10 months of graduation
Specializations

General MBA

Accounting & Financial Management Services

Business Analytics

Finance

Health Services Management

Strategic Marketing

Strategic Business Valuation

Average Salary & Signing Bonus

Salary: CAD 81,900 (INR 50 L)

Signing Bonus: CAD 9,900 (INR 6 L)

Salary & Signing Bonus Range (the lowest - the highest)

Salary: CAD 44,500 (INR 27.4 L) - CAD 128,800 (INR 79.3 L)

Signing Bonus: CAD 1,500 (INR 92.3 K)- CAD 50,900 (INR 31.3 L)

Conversion Rate: 1 CAD = INR 61.60

Q:   How much does MBA cost at McMaster University?
A: 

For international students, the McMaster University MBA fees is CAD 113,500 (INR 70 L) per academic year. Note that the duration of this MBA course is 20 months - 2 years. It is expensive to study this course, however, the return on investment is quite impressive as the graduates secure top-notch placements. Given below are the details of the salary:

ParticularsReturn on Investment (ROI)
Average SalaryCAD 81,900 (INR 50 L)
Average Signing BonusCAD 9,900 (INR 6 L)
the highest SalaryCAD 128,800 (INR 79.3 L)
the highest Signing BonusCAD 50,900 (INR 31.3 L)
the lowest SalaryCAD 44,500 (INR 27.4 L)
the lowest Signing BonusCAD 1,500 (INR 92.3 K)

Conversion Rate: 1 CAD = INR 61.60

Q:   What are the requirements for MBA course at MCMasters University?
A: 

In order to get into McMaster University for MBA, international applicants must fulfill the admission requirements listed below:

  • Applicants need a minimum GPA requirement of 8.0 which is a B average. Applicants with a GPA below 8.0 may be able to qualify for GMAT waiver. However, the University still asks the applicants to submit a GMAT score;

  • 2 Letter of Recommendations (One academic and one from a direct supervisor or manager);
  • At least 1 year work experience in any field;

  • Resume showing professional experience;
  • If a GMAT is not awarded, the applicants will still be welcomed and reviewed equally .Submission of one of the below teasts will be required at the time of application:

  1. GRE

  2. MCAT

  3. CFA (2nd Level)

There are some important minimum English language requirements that the applicants must meet: 

English Language Proficiency Tests

Minimum requirments 

TOEFL 

A minimum score of 100

IELTS

Minimum score of 7.0 

Q:   Is MBA course good at MCMasters University?
A: 

McMaster University MBA program has consistently been ranked among the top 200 in the world QS MBA rankings and Times Higher Education (THE). The rankings portray the quality education of the programme and the skills and knowledge that the graduates acquire. The program offers various and variety curriculum for it’s students as it prepares students for various types of career in business. Check the table listed below for McMaster University MBA rankings:

Ranked By

2021

2022

2023

QS - Accounting & Finance 

#251-300

#251-300

NA

QS - Global MBA

#151-200

#151-200

#151-200

THE (Times Higher Education) - PG Business & Economics 

#151-175

#201-250#301-400
 

MBA
 at 
McMaster University 
Application Process

Step one
Prepare documents for application
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LOR
  • Two (2) references are required

  • Applicants are encouraged to seek one academic and one professional (current or former direct supervisor or manager) reference. If this is not possible, two academic or professional references are acceptable

CV
  • A professional resume is required

MBA
 at 
McMaster University 
Rankings

Course Ranking
University Ranking
RankRank Publisher
#201

MBA
 at 
McMaster University 
Placements

ParticularsStatistics (2025)
Average SalaryUSD 81,900
Highest SalaryUSD 1.29 Lakh
Lowest SalaryUSD 44,500
% Batch placed94
Internship AvailableYes,

MBA
 at 
McMaster University 
 
Students also asked

Q:   Is McMaster University a good university?
A: 

McMaster University is ranked among the study 10 universities in Canada. From what we can gather from the QS World University Ranking 2025, McMaster University ranks 9th in Canada. If we talk about the McMaster University world ranking, then QS ranks the university at 189. High ranking in the country as well as in the world makes McMaster one of the best choices for international students to study in Canada.

Q:   Should I choose the University of Toronto, University of Waterloo or McMaster University?
A: 

The University of Toronto, University of Waterloo, and McMaster University are among the top universities in Canada for international studnets. They offers the best education at undergraduate and graduate programme levels for students. We have compared them in the table below in term of tuition fees andranking:

UniversitiesQS Ranking 2024First Year Tuition Fees
University of Toronto21INR 15 L to INR 75 L
University of Waterloo112INR 9 L to INR 44 L
McMaster University189INR 2 L to INR 59 L

As per the above data, McMaster offers programme at low cost as compared to other two. While, Toronto University ranks high in the world. Therefore, it depends on your choice where you want to apply.

Q:   Which university ranks better in the QS rankings among University of Alberta and McMaster University?
A: 

The University of Alberta and McMaster University are some of the most esteemed universities in Canada. According to QS, the University of Alberta ranks at #96 under the category of “World University Rankings 2025”. Whereas, McMaster University is also ranks at #176 under the “World University Rankings 2025”. Check the table listed below for QS rankings of both the universities over the past years:

University Name

QS World University Ranking 2023

QS World University Ranking 2024

QS World University Ranking 2025

University of Alberta

#110

#111

#96

McMaster University

#152

#189

#176

Q:   Which university ranks better in the QS rankings among York University and McMaster University?
A: 

The York University and McMaster University are some of the most esteemed universities in Canada. According to QS, the York University ranks at #362 under the category of “World University Rankings 2025”. Whereas, McMaster University is also ranks at #176 under the “World University Rankings 2025”. Check the table listed below for QS rankings of both the universities over the past years:

University Name

QS World University Ranking 2023

QS World University Ranking 2024

QS World University Ranking 2025

York University

#456

#353

#362

McMaster University

#152

#189

#176

MBA
 at 
McMaster University 
Highlights

  • McMaster University's DeGroote School of Business offers 20 Months full time MBA program with an optional co-op (28 months) which helps the students in gaining valuable hands-on business experience, working through case studies and group projects with real organizations
  • This full-time program takes less than two years to complete and allows you to compete for paid summer internship opportunities during your studies

MBA
 at 
McMaster University 
Important Dates

Sep , 2025
Course Commencement Date

MBA
 at 
McMaster University 
Scholarships

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Class Profile

Average class profile for this course
Work Experience4
Student Age27

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Akash Gaur

Study Abroad Expert

Akash takes keen interest in writing content. He is particularly drawn towards putting his thoughts into words and is what he enjoys the most. Currently working as part of the Study Abroad team at Shiksha, he keeps a sharp focus on education policie...Read Full Bio

MBA
 at 
McMaster University 

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MBA
 at 
McMaster University 
Contact Information

Address

1280 Main Street West, Hamilton, Ontario L8S4L8
Hamilton ( Ontario)

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