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McMaster University MBA FAQs
Check below the McMaster University MBA FAQs:
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:
Particulars | Details |
---|---|
Annual Tuition Cost | CAD 113,500 (INR 70 L) |
Duration | 20 months (including an optional 4-month paid summer internship) |
Placement Rate | 94% 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
McMaster University admission are highly competitive because of its acceptance rate. The McMaster University acceptance rate for international students is 59%, which means out of 100 applications received only 59 are admitted. Students must have a qualifying GPA to get into the university successfully. They also need to meet the admission requirements to get admission to the university.
International students who wish to MBA programme at McMaster must provide the additional test score of GMAT/GRE. The average GMAT score for McMaster MBA is 600 for international students. Each application is processed on its own merits with higher scores on some criteria compensating for lower scores in other areas.
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:
MCAT
CFA level 2
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 |
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 |
There are many MBA colleges in Canada for international students that ranked among the top 100 in the world for MBA. We have mentioned below the list of popular MBA colleges in Canada that rank under top 100 MBA universities in the world:
MBA Universities in Canada | QS MBA Ranking 2023 |
---|---|
41 | |
69 | |
73 | |
76 | |
92 |
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:
Particulars | Return on Investment (ROI) |
---|---|
Average Salary | CAD 81,900 (INR 50 L) |
Average Signing Bonus | CAD 9,900 (INR 6 L) |
the highest Salary | CAD 128,800 (INR 79.3 L) |
the highest Signing Bonus | CAD 50,900 (INR 31.3 L) |
the lowest Salary | CAD 44,500 (INR 27.4 L) |
the lowest Signing Bonus | CAD 1,500 (INR 92.3 K) |
Conversion Rate: 1 CAD = INR 61.60
McMaster University MBA application fee stands at CAD 150. This fee is typically required when submitting an application for admission. It is important to remember that the application fee may be subject to change, so it is advisable to confirm the current fee amount before applying. The application fee helps cover administrative costs with processing and evaluating the applicants. Applicants are suggested to check the official website to avoid the last minute hassle.
Securing an admission in the McMaster University Canada for MBA is a competitive affair, but not impossible. International students must fulfill the McMaster University MBA admission requirements listed below order to boost their chances of pursuing the course:
- Completion of an honors bachelor’s degree from a recognised university;
- GPA of 8.0 (on a 12.0 scale) in the two most recent years of undergraduate study, or the equivalent of 60 academic credits;
- At least 4 years of relevant full-time post-graduate work experience;
- GMAT score;
- Resume/CV;
- 2 letters of references, including at least one from a current or former supervisor;
- Proof of English language proficiency; and
- Admissions interview.
Given below are some interesting details about the latest MBA class at McMaster University:
Particulars | Details |
---|---|
Average Years of Work Experience | Total: 5 years Full-Time MBA: 5 years Full-Time MBA with Co-op: 2 years Accelerated MBA: 1 years |
Academic Background | Business: 38% Science: 31% Engineering: 17% Arts & Humanities: 12% Other: 2% |
Countries Represented | 13 |
Gaduates Employed Within Ten Months | 94% |
Students Who Secure Summer Internship | 91% |
Female Students | 55% |
Male Students | 45% |
Check below the McMaster University admission requirements for international students to study MBA program:
- A bachelor’s degree with “B” or 75% average, or higher, in the final two years of your degree
- Additional test score of GMAT/GRE
- English Language Proficiency test score of IELTS or TOEFL
- Two Letters of Recommendation
- KIRA online interview
Also read: Top Countries to Study MBA without Work Experience
McMaster University world ranking is 189 by QS World University ranking 2024. The McMaster University MBA ranking is under the top 100 MBA universities in the world. Students get quality education and better placement opportunities after completing the degree. The McMaster University placement is also good and the recoded placement rate for 2022 is 95%. Therefore, McMaster is the perfect choice to study MBA Abroad in Canada.
McMaster University
Student Forum
Answered 3 weeks ago
The University of Saskatchewan has an acceptance rate of 73%, suggesting the insititute is somewhat selective at granting admissions to its students. The McMaster University acceptance rate stands at 59%. Thus, it can be said that McMaster University is relatively tougher to secure admissions at tha
A
Contributor-Level 10
Answered a month ago
McMaster University acceptance rate is around 59%, whereas, that of Wilfrid Laurier University is 89%. A comparison of these 3 universities for reference is given below:
Particulars | UNF | McMaster University | Wilfrid Laurier University |
---|---|---|---|
No. of Courses offered | Around 5 | 280+ | 75+ |
Annual tuition fees | Between INR 12.08 L – INR 19.3 L | Between INR 2 L - 58 L | Between INR 9 L - 32 L |
Location | Niagara Falls, Ontario | Hamilton, Canada | Waterloo, Canada |
Shiksha Popularity Ranking | - | #6 | #30 |
Answered a month ago
Both Conestoga & McMaster are considered among the best institutions in the region. However, both these universities are selective to varying degrees at granting admissions to students. Therefore, interested candidates must perform really well in academics as well as university entrance exams to hav
A
Contributor-Level 10
Answered 2 months ago
According to the QS, the University of Waterloo is ranked at #115 and McMaster University ranks at #176 under the category of “QS World University Rankings 2025”. The comparative rankings of University of Waterloo and McMaster University are given as follows:
Year | University of Waterloo | McMaster University |
2021 | 166 | 144 |
2022 | 149 | 140 |
2023 | 154 | 152 |
2024 | 112 | 189 |
2025 | 115 | 176 |
V
Contributor-Level 8
Answered 3 months ago
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”.
N
Contributor-Level 8
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Which has a higher chance of admission: University of Saskatchewan or McMaster University?