MBA in Canada: Top Universities, Colleges, Cost 2025, Eligibility
MBA in Canada for Indian Students: Top Colleges, Courses, Duration, Scholarships
The Master of Business Administration or MBA in Canada is one of the most sought-after courses that offer a wide range of career opportunities to graduates worldwide. As an affordable alternative to studying in the US, Canada has several high-quality MBA options for prospective students. MBA from Canada is one of the most affordable courses for international students as compared to other popular study destinations. There are 50+ MBA colleges in Canada. A few of the reasons to pursue this course from Canada include quality education, affordable education, post-graduate work options, better living standards, etc.
To take admission to an MBA course in Canada, international students must meet the entry criteria and have an average GMAT score. Applicants must have a bachelor's degree and meet English language requirements to study MBA program. Additionally, the applicants must have pri
The Master of Business Administration or MBA in Canada is one of the most sought-after courses that offer a wide range of career opportunities to graduates worldwide. As an affordable alternative to studying in the US, Canada has several high-quality MBA options for prospective students. MBA from Canada is one of the most affordable courses for international students as compared to other popular study destinations. There are 50+ MBA colleges in Canada. A few of the reasons to pursue this course from Canada include quality education, affordable education, post-graduate work options, better living standards, etc.
To take admission to an MBA course in Canada, international students must meet the entry criteria and have an average GMAT score. Applicants must have a bachelor's degree and meet English language requirements to study MBA program. Additionally, the applicants must have prior work experience. The top MBA colleges in Canada are University of Toronto, McGill University, Queen's University, the University of British Columbia, etc.
Also read: Study Guide to Canada for Indian Students
- MBA in Canada Highlights
- Types of Master in Business Administration (MBA) in Canada
- Top 10 MBA Colleges in Canada
- Popular MBA Specializations for Canada
- MBA in Canada Fees
- 5.1 MBA in Canada Student Visa
- MBA Requirements in Canada
- Work Permit after MBA in Canada
- MBA Scholarships for Canada
- MBA Jobs & Salaries for Canada
MBA in Canada Highlights
Over 50 MBA colleges in Canada offer Masters of Business Administration program for International students. Canada MBA fees range from INR 5 L to INR 70 L as per the university. Mentioned below are the highlights of the MBA in Canada for International students:
| Head |
Details |
|---|---|
| Total number of MBA Colleges in Canada |
50+ |
| MBA fees in Canada |
INR 5 L to INR 70 L (Varies from university to university) |
| Top Specialisations |
Business Economics, Finance, International Business, HR, Public Policy, etc. |
| Exams required |
|
| Top MBA colleges in Canada |
University of Toronto, McGill University, UBC, York University, University of Alberta |
Also read: Top Universities and Colleges in Canada
Know the difference between MIM and MBA from the video given below:
Types of Master in Business Administration (MBA) in Canada
MBA in Canada is available in multiple types for International students such as full-time, part-time, and Executive MBA as well. Mentioned below are the types of MBA in Canada and their course module:
- Full-Time MBA - This is a traditional MBA program that typically lasts for one or two years. This MBA program will build a complete understanding of business and management and is available for students who want to study full-time.
- Part-Time MBA - Part-time MBA in Canada are usually flexible and can be completed in two to four years. This MBA program is for working professionals who want to earn an MBA while continuing to work.
- Executive MBA - Executive MBA (EMBA) programs are typically part-time and allow students to continue working while earning their MBA degree. EMBA curriculum will focus on developing strategic thinking and decision-making skills.
Also read about Types of MBA Specializations in Demand Abroad
Top 10 MBA Colleges in Canada
Canada is home to some top-ranked universities in the world that offer quality master's programs to international students. Some MBA universities in Canada are ranked among the top 100 MBA schools in the world in 2025. Take a look at the best universities for MBA in Canada for international students in the table below:
| MBA Colleges in Canada |
QS Global MBA Ranking 2025 |
|---|---|
| #39 |
|
| #66 | |
| #76 |
|
| Queen's (Smith) | #91 |
| #101-110 |
|
| York University | #101-110 |
| University of Alberta | #131-140 |
| Concordia University | #141-150 |
| #151-200 |
|
| #151-200 |
Check the list of Top Ranked MBA Universities in Canada
Popular MBA Specializations for Canada
MBA in Canada for Indian students is available in multiple specializations. The top MBA specialization in Canada is Business Economics and more than 30+ universities are offering this specialization. The table below includes some popular MBA specializations to study in Canada:
| Popular MBA Specializations in Canada | |
|---|---|
| Business Economics | International Business |
| Finance | Human Resources |
| Healthcare & Hospital | Public Policy |
| Business Analytics | Operations |
Also read: top MBA programs in Canada
MBA in Canada Fees
The total cost of MBA in Canada for Indian students is inclusive of the tuition fees and cost of living. The annual MBA tuition fees in Canada range between INR 10 lakh - INR 40 lakh. However, a majority of the universities have tuition fee between INR 30 lakh - INR 40 lakh. The cost of living in Canada is around CAD 19,000 per annum (Around INR 11 lakh). The living cost would be subject to increase/decrease depending on the lifestyle and preferred accommodation of the candidate. Check the tuition fees for the top-ranked MBA colleges in Canada from the table given below:
| University | Annual Tuition Fees |
|---|---|
| University of Toronto | INR 42 L |
| Western University |
INR 76 L
|
| UBC | INR 62 L |
| McGill University |
INR 60 L
|
| HEC Montreal |
INR 38 L
|
| University of Calgary |
INR 30 L
|
| Queen's University |
INR 66 L
|
| York University |
INR 37 L
|
Check the list of Most Affordable MBA Colleges in Canada
MBA in Canada Student Visa
International students who wish to study MBA in Canada must have a Canadian Student Visa for admission to top Universities in Canada. This permit is issued to students upon arrival in Canada. The Canada Student Visa cost is CAD 150 (INR 9,100) for Indian Students.
MBA Requirements in Canada
Applicants must meet the MBA requirements Candidates looking to pursue an MBA in Canada are required to fulfill these primary requirements:
- Students must have a bachelor's degree in any discipline. Make sure to meet the minimum entry requirement
- Most universities require GMAT or GRE scores for admission
- Students must appear in English proficiency tests such as IELTS, TOFEL, and PTE followed by a personal interview conducted by some universities to pursue an MBA in Canada
- 2 -3 years of work experience is mandatory for getting enrolled in various Canadian universities
Work Permit after MBA in Canada
Getting a PGWP (Post-Graduation Work Permit) while studying in Canada depends largely on the chosen course and its duration. Permission to work under the PGWP is usually issued for the duration of the study program. The maximum length of the PGWP in Canada is 3 years. It means that if the duration of your post-graduate course is two years, you get a three-year PGWP visa. A postgraduate work permit cannot be issued for more than the duration of the program. The duration of the course should be at least eight months for you to obtain a PGWP permit in Canada.
MBA Scholarships for Canada
International MBA students in Canada can apply for many scholarships. Candidates seeking MBA scholarships to study in Canada can view the most comprehensive study-abroad scholarships mentioned on our website. A few of the scholarships available for MBA students are Ontario Graduate Scholarships, University of Calgary International Entrance Scholarship, Academic Excellence Fund, etc.
MBA Jobs & Salaries for Canada
After completing an MBA from Canada, students can work in various sectors such as Consulting, General Management, Finance and Accounting, IT Services, etc. The top recruiters in Canada for MBA graduates are Apple, Amazon, Bank of America, EY, KPMG, HSBC, Deloitte, etc. The average salary in Canada for MBA graduates can be around CAD 88,000 per year (Around INR 54 lakh). Popular job roles after doing an MBA in Canada are:
- Financial Analyst
- Marketing Manager
- Operations Manager
- HR Manager
- Project Manager
- Management Consultant
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MBA in Canada for Indian Students: Top Colleges, Courses, Duration, Scholarships
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Commonly asked questions On MBA in Canada: Top Universities, Colleges, Cost 2025, Eligibility
Most of the top-ranked MBA colleges in Canada have the tuition fees range between INR 30 lakh - INR 40 lakh. However, MBA fees in Canadian Universities can start from around INR 7 lakh. The tuition fees for the top-ranked MBA Universities in Canada can be checked from the table given below:
| University | Annual Tuition Fees |
|---|---|
| University of Toronto | INR 42 L |
| Western University | INR 76 L |
| UBC | INR 62 L |
| McGill University | INR 60 L |
| HEC Montreal | INR 38 L |
| University of Calgary | INR 30 L |
| Queen's University | INR 66 L |
| York University | INR 37 L |
Canada is the home to some top ranked MBA universities in the world. They offer quality Masters of Business Administration programs to International students at low cost. MBA in Canada for Indian students fees range from INR 5 L to INR 70 L as per the university. The table below includes highlights of the MBA in Canada for International students:
Head | Details |
|---|---|
Total no. of MBA Colleges in Canada | 50+ |
MBA tuition fees in Canada | INR 10 L to INR 40 L+ |
Top Specialisations | International Business, Business (others), Finance, HR, Public Policy, etc. |
Exams required | GMAT, GRE, IELTS, TOEFL |
The following MBA colleges have been ranked at the top positions by the QS Global MBA Rankings 2025:
- Toronto (Rotman)
- Western (Ivey)
- McGill (Desautels)
- Queen's (Smith)
- York (Schulich)
- UBC (Sauder)
- Alberta School of Business,
- Concordia (John Molson)
- HEC Montréal
- Dalhousie (Rowe).
Each college has different selection criteria and requirements. However, broadly speaking, you will require a valid GMAT score, work experience, proof of English language proficiency, a statement of purpose, letters of recommendation, a resume, admission essays, etc. for your application.
Choosing to study MBA in Canada or USA depends on various factors such as tuition fees, career goals, immigration opportunities, cultural preferences, etc. A few of the comparison factors are given below:
- Cost: The cost of studying an MBA from USA is generally more expensive. The annual tuition fees for MBA in USA can range from USD 60,000 – USD 120,000 per year (Around INR 52 Lacs - INR 1 Cr.). Whereas, in Canada, the tuition fee can range from CAD 30,000 – CAD 130,000 per year (Around INR 18.3 Lacs - INR 79.5 lakh)
- Quality of Education and Reputation: USA is home to many top-ranked schools for MBA such as Stanford and Harvard. Even Canadian universities have great reputation. Some of the top-ranked Canadian Universities for MBA are the University of Toronto, McGill University, Queen's University, etc.
- Class Size and Networking: USA Universities often have larger class sizes and extensive alumni networks. This can be beneficial for networking on a global scale. On the other hand, Canadian Universities have smaller class sizes and they may offer more personalized education and close-knit community, with strong regional and national networks
The duration of majority of the MBA courses in Canada is 2 years. However, some of the business schools in Canada have the MBA duration of 13-24 months or more. Also, there are many MBA universities in Canada who have a duration of one-year. The top MBA Colleges in Canada are Toronto University, Queen's University, McGill University, York University, University of British Columbia, University of Alberta, etc.
According to QS Global MBA 2025 rankings, the University of Toronto ranks at the top. However, there are many universities that are considered best for an MBA in Canada. The rankings of these universities are listed below:
MBA Colleges in Canada | QS Global MBA Ranking 2025 |
|---|---|
Toronto (Rotman) | #39 |
McGill (Desautels) | #66 |
Western (Ivey) | #76 |
Queen's (Smith) | #91 |
UBC (Sauder) | #101-110 |
York University | #101-110 |
University of Alberta | #131-140 |
Concordia University | #141-150 |
HEC Montréal | #151-200 |
McMaster University | #151-200 |
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Commonly asked questions On MBA in Canada: Top Universities, Colleges, Cost 2025, Eligibility
International students who wish to study MBA in Canada must meet the admission requirements of the university. Applicants must complete a bachelor's degree in a relevant discipline with a qualifying GPA to get admission at Canada MBA colleges. Mentioned below are the general requirements for study in Canada for Indian students:
- Students must have a bachelor's degree in any disciplinary
- A minimum score of 75% in bachelor's or equivalent CGPA
- Most universities require GMAT or GRE scores for admission
- Students must appear in English proficiency tests such as IELTS, TOFEL, and PTE followed by a personal interview conducted by some universities to pursue an MBA in Canada
- 2 -3 years of work experience is mandatory for getting enrolled in various Canadian universities
A few of the top recruiters hiring MBA graduates in Canada are Amazon, Deloitte, Apple, HSBC, Adidas Group, KPMG, PwC, Barclays, EY, etc. Popular job roles in Canada after doing an MBA include:
- Financial Analyst
- Operations Manager
- Business Development Manager
- HR Manager
- Marketing Manager
- Project Manager
- Management Consultant
Yes, most of the Canadian Universities offering MBA course need some years of work experience. A few of the MBA colleges in Canada that do not have work experience as a mandatory requirement are:
- Thompson Rivers University
- Brock University
- Vancouver Island University
- University of Windsor
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Commonly asked questions On MBA in Canada: Top Universities, Colleges, Cost 2025, Eligibility
Most of the universities ask for GMAT score from the applicants seeking admission to MBA in Canada. The average GMAT score required by the top-ranked MBA universities in Canada is 550. However, there are some universities in Canada that grant admission to those students who do not have GMAT scores. But, for that, such students need to have excellent academic record and professional achievements.
International students who wish to study MBA in Canada must complete a bachelor's degree in a relevant discipline with a qualifying GPA to get admission at Canadian MBA colleges. Mentioned below are the eligibility criteria for the MBA college in Canada for Indian students:
- A bachelor's degree in a relevant discipline
- English language proficiency score
- A valid GMAT / GRE score
- SOP
- Must have 2 -3 years of work experience (vary by college)
- Letters of recommendation
The range of tuition fee to pursue MBA in Canada between INR 7 L to INR 70 L per year. It can vary from universities to university. However, students are advised to check the official webpage of various Canadian Universities in order to gain knowledge about the exact fee details. Apart from this, you should have a sufficient budget to cover the cost of living in Canada. An Indian student needs INR 88,400 per month to cover the monthly expenses.
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