MBA in Canada: Top Universities, Colleges, Cost 2026, Eligibility

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

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	GMAT, GRE, IELTS, TOEFL
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	Quacquarelli Symonds Global MBA Ranking 2025
Toronto (Rotman)	#39
McGill (Desautels)	#66
Western (Ivey)	#76
Queen's (Smith)	#91
UBC (Sauder)	#101
York University	#101
University of Alberta	#131
Concordia University	#141
HEC Montréal	#151
McMaster University	#151

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 19 L - INR 49 L
Western University	INR 9 L - INR 80 L
UBC	INR 6 L - INR 65 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 

Tasneem Hoda07-16-2025 17:42