MBA in Canada: Universities, Cost, Eligibility

MBA in Canada: The Master of Business Administration (MBA) is one of the most sought-after courses that offer a wide range of career opportunities for students worldwide. MBA in Canada is offered by approximately more than 40 universities and colleges. To pursue an MBA from a top MBA university in Canada an average GMAT score of 550-720 is required. MBA in Canada is one of the most affordable courses for international students as compared to other popular study destinations.

MBA in Canada Highlights

Head	Details
Total number of MBA Colleges in Canada	Approximately 40+ MBA colleges
MBA cost in Canada	INR 26 lakhs (approx.)
Top Specialisations	General Management, International Business, Business (others), Finance, Entrepreneurship, Supply Chain, Economics
Exams required	GMAT, GRE, IELTS, TOEFL

MBA Colleges in Canada

Here is a list of the top MBA colleges in Canada. Rankings are based on QS Global MBA Rankings Canada 2023.

University	QS Global MBA Rankings Canada 2023
Toronto (Rotman)	1
Western (Ivey)	2
McGill (Desautels)	3
Queen's (Smith)	4
York (Schulich)	5
UBC (Sauder)	6
Alberta School of Business	7
Concordia (John Molson)	8
HEC Montréal	9
Dalhousie (Rowe)	10

MBA in Canada Top Specializations

Here is a list of top MBA Specialisations in Canada for Indian students looking to study in the country.

MBA in General Management	MBA in Entrepreneurship
MBA in Finance	MBA in Economics
MBA in Business (Others)	MBA in International Business
MBA in Supply Chain

Best Universities in Canada for MBA

In this section, we are going to talk about the top MBA universities in Canada as per QS World University Rankings 2023.

University	QS World University Rankings 2024
The University of Toronto	21
McGill University	30
The University of British Columbia	34
University of Alberta	111
University of Waterloo	112

MBA in Canada Cost

In this section, we will be discussing the average cost of studying MBA in Canada and the cost of living in Canada for international students. The average first-year MBA in Canada costs INR 25.96 lakhs. The average cost of living in Canada is around INR 5.97 lakhs per year. The living cost would be subject to increase/decrease depending on the lifestyle and preferred accommodation of the candidate.

MBA in Canada Student Visa

If you wish to take academic, professional, or vocational training at a university, college, or any other educational institution in Canada, you will require a student visa before entering Canada. This permit is issued to students upon arrival in Canada. However, to get there, a student must first apply for a Temporary Residence Visa issued by the Canadian High Commission which is facilitated by Visa Application Centers. The Canada Student Visa cost is CAD 150.

MBA in Canada Requirements

Candidates looking to pursue MBA in Canada are required to fulfil these primary requirements:

• 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
• For pursuing MBA in Canada, students must appear in English proficiency tests such as IELTS, TOFEL, and PTE; followed by a personal interview conducted by some universities
• 2 -3 years of work experience is mandatory for getting enrolled in various Canadian universities

Work Permit after Studying 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 in Canada Scholarships

International MBA students in Canada can apply for many scholarships. Candidates seeking MBA scholarships to study in Canada can view the most comprehensive study of abroad scholarships mentioned on our website. Our website currently registers almost 200o scholarships distributed in 11 countries amounting to over INR 1,300 crores in total amount.

MBA in Canada Jobs and Salaries

In this section, we are going to talk about top MBA universities in Canada their first-year tuition fees and the average salary students can expect upon graduation.

College Name	First-Year Tuition Fee	Average Salaries (Source – emolument)
McGill University	INR46.8 lakhs	$117,000
University of Toronto	INR 39.42 lakhs	$96,000
McMaster University	INR 23.7 lakhs	$110,000
University of Windsor	INR 30.0 lakhs	$93,000
The University of British Columbia	INR 49.1 lakhs	$83,000

Top Recruiters for MBA in Canada

Canada is home to some of the top multinationals and being an immigrant-friendly nation it is one of the best places to work after studying MBA in Canada. Below we have listed some of the top MBA recruiters in Canada.

University	Top Recruiters
University of Toronto	American Express | Hyundai | Google | Capital One | Citigroup | IBM | TATA | Deloitte | Procter Gamble | Ernst & Young | PWC | Goldman Sachs
The University of British Columbia	Aditya Birla Group | Amazon.com | SAP | Amazon | Accenture | Ernst & Young | IBM | McKinsey | Apple | Toyota | Nestle | Google
University of Alberta	Google | HONEYWELL | PricewaterhouseCoopers | shell | KPMG | IBM | SAP | Amazon.com | Microsoft | Deloitte | Ernst & Young | Infosys
McGill University	ABB | Deloitte | Unity Technologies | GlaxoSmithKline| KPMG | BCG |Walmart| CIBC | IBM | Scotiabank|McKinsey & Company | Infosys
York University	KPMG | IBM | E&Y | Deloitte | Microsoft | Amazon | PWC | Siemens | IBM | P&G | SONY | American Express

Aprant Agarwal09-01-2023 09:58