Top MBA Colleges in Canada 2024: Ranking, Fees and More
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Top MBA Colleges in Canada 2024: Ranking, Fees and More

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Raj
Raj Vimal
Study Abroad Expert
Updated on Jul 10, 2024 23:08 IST

The high-quality education and affordability of top MBA colleges in Canada attract students from across the world. These colleges offer MBA courses in various specializations such as General Management, International Business, Entrepreneurship and more. Recently, the QS ranking of the top 10 MBA colleges in Canada is announced.

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Top MBA Colleges in Canada: MBA is one of the most demanding programs among international students in the past few decades. Canada has become the most sought-after destination for studying MBA. Pursuing an MBA in Canada is still a dream for many international students. Canadian universities provide full-time and part-time MBA programs in different specializations with many scholarship opportunities. In this article, we will inform you about the top MBA colleges in Canada along with their fees and eligibility criteria.

Canada is a perfect destination to get an MBA degree from well-recognized universities. Students can learn all the latest tactics to solve all the problems organization. International students are looking to get admission to top management universities to complete their MBA degrees. We have listed below the top 10 MBA colleges in Canada 2024 (rankings are based on QS Global MBA Rankings Canada 2024).

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Top Ranking MBA Colleges in Canada 2024

Based on QS Global MBA Rankings 2024, the following Canadian universities have been ranked for offering top MBA programs in Canada to international students:

Canada Universities Offering MBA

QS Global MBA Rankings Canada 2024

Rotman School of Management

#1

Desautels Faculty of Management

#2

Ivey Business School

#3

Sauder School of Business

#4

Smith School of Business

#5

Schulich School of Business

#6

Alberta School of Business

#7

John Molson School of Business

#8

HEC Montréal

#9

DeGroote School of Business

#10

Check out the following section for elaborate details on top MBA colleges in Canada and corresponding information.

10 Best MBA Colleges in Canada 2024

Do you know which is the best MBA college in Canada? Well, the "best" college for you depends on your requirements such as course, budget and other information. Below, we have mentioned the list of top management colleges in Canada. These educational institutes offer admission to those students who fulfil the required eligibility and have decent GMAT scores.

MBA is one of the most demanding courses in Canada and students from various parts of the world apply to get enrolled in this. Let us now go through the details of the top MBA colleges in Canada for Indian students:

1) Toronto (Rotman School of Management)

The Rotman School of Management is a business school at Toronto University. It is on a mission to become one of the world’s top ten business schools. This university provides an executive MBA and a Full-Time MBA program to students. Rotman School of Management is the best MBA college in Canada in terms of ranking.

  • Course Duration: 20 months
  • 1st-Year Tuition Fees: CAD 67,532
  • MBA Ranking: 1 (by QS)

2) McGill (Desautels Faculty of Management)

The MBA program at McGill University’s Desautels Faculty of Management is known as one of the world’s most recognized, international, and dynamic degree programs. DFM curriculum is built on an integrated, interdisciplinary model that combines research, practice, and teaching. The school’s graduates and faculty have included 6 Nobel Prize winners and 127 Rhodes Scholars. No doubt, Desautels Faculty of management is one of the best business schools in Canada.

  • Course Duration: 12 months
  • 1st-Year Tuition Fees: CAD 99,500
  • MBA Ranking: 2 (by QS)

3) Western (Ivey Business School)

Recognized for its excellence worldwide, Ivey Business School is defined by its outstanding education in management programs. It has a great alumni network of over 23,000 students from over 98 countries. You need to complete the Graduate Management Admission Test (GMAT) for admission. It is one of the top MBA colleges in Canada for international students.

  • Course Duration: 12 months
  • 1st-Year Tuition Fees: CAD 126,600
  • MBA Ranking: 3 (by QS)

4) UBC (Sauder School of Business)

The Sauder School of Business is a business school at the University of British Columbia. It is one of the world’s leading academic business schools. Sauder provides better education to students to make them future business leaders. It is in 35 positions in the world for business and economics by 2022 Times Higher Education World University Rankings by subject

  • Course Duration: 16 months
  • Total Program Fees: CAD 94,559
  • MBA Ranking: 4 (by QS)

5) Queen's (Smith School of Business)

Smith is the business school of Queen’s University. It holds 5th rank in the list of best MBA colleges in Canada for international students. The annual intake of the university is in January and September for the full-time MBA program.

  • Course Duration: 12 months
  • Total Program Fees: CAD 105,100
  • MBA Ranking: 5 (by QS)

6) York (Schulich School of Business)

Schulich School of Business is located in the business hub of Canada in Toronto. This university develops innovative programs for future business leaders. Schulich offers a variety of management programs in finance and marketing for students. This university also provides scholarships up to the value of CA$ 85,000. It is one of the best MBA programs in Canada for international students with short duration.

  • Course Duration: 12 months
  • Total Program Fees: CAD 112,250
  • MBA Ranking: 6 (by QS)

7) Alberta School of Business

Alberta School of Business is the business school of the popular Alberta University in Canada. ABS is known for its both undergraduate and postgraduate programs. It offers core MBA courses with an internship program to students.

  • Course Duration: 20 months
  • Total Program Fees: CAD 65,000
  • MBA Ranking: 7 (by QS)

8) Concordia (John Molson)

Concordia’s John Molson School of Business is one of Canada’s top institutions to learn the MBA program. John Molson consistently ranked among the top 10 MBA schools in Canada by QS World University Ranking 2024 by subjects.

  • Course Duration: 20 months
  • Total Program Fees: CAD 47,900
  • MBA Ranking: 8 (by QS)

9) HEC Montréal

HEC Montréal was Canada’s first business school when founded in 1907. Montréal is known for its research in finance, economics, and operations research. The strength of the HEC Montréal MBA program is in its practical education. Its amazing teaching methods prepare students to use their skills in organizational management.

  • Course Duration: 12 months
  • Total Program Fees: CAD 59,000
  • MBA Ranking: 9 (by QS)

10) DeGroote School of Business

DeGroote School of Business comes under McMaster University. It is one of the leading universities in Canada for undergraduate and postgraduate programs. DeGroote School of Business attracts students by providing the best MBA program with proper practical knowledge. It offers full-time MBA and Online MBA programs to students.

  • Course Duration: 20 months
  • Total Program Fees: CAD 67,014
  • MBA Ranking: 10 (by QS)

Also Check: MBA in Canada without GMAT

Why Study MBA in Canada?

In this section of the article, we will look at some reasons to study at the best colleges for MBA in Canada:

  • It is a cost-effective country for international students to study MBA Abroad.
  • MBA colleges in Canada offer student dormitories to international students at affordable fees.
  • Chance to stay in Canada after the completion of the degree.
  • Following the immigration procedure carefully may allow students to get permanent residence in Canada.
  • Students get quality education at MBA Universities in Canada.
  • You will get proper practical and theoretical expertise.

Eligibility Criteria to Study MBA in Canada

Admission criteria, for the best colleges for an MBA in Canada, vary as per the college and course requirements. We have covered below the basic criteria followed by the students to study MBA programs from universities in Canada.

  • Complete the Bachelor’s degree from a recognized university with the minimum GPA required by the University.
  • Must have relevant experience as per the requirements.
  • Must have a valid score on the GMAT or GRE Exam.
  • Also submit the score of the English Language Proficiency Tests such as IELTS, TOEFL, PTE, etc.

Popular Part-Time MBA Programmes in Top B-Schools in Canada

Some aspirants do not have the time or funds to invest in a full-time MBA program. There are multiple options available for such aspirants. Check out the following part-time business programs offered by some of the top Canadian universities:

Programme Name

Tuition fee

Course duration

University of Alberta – Executive MBA

CAD 83,197

6 years maximum

Rotman School of Management – Morning and Evening MBA

CAD 136,410

32 months

Queen's University – Accelerated MBA for Business Graduates

CAD 81,920

12 months (1 year)

Source: Shiksha Study Abroad

Cheapest MBA Colleges in Canada

Canada offers several MBA options to those who do not wish to spend an exorbitant amount to pursue an MBA. Here are some of the cheapest MBA colleges in Canada:

To receive expert guidance on the best MBA colleges in Canada, register with Shiksha and avail yourself of free-of-cost counselling services starting from profile evaluation until visa filing. Learn how the Shiksha counsellors rate students' chances of getting into a college abroad.

All the best!

MBA Colleges in Canada FAQs

Q. Is Canada good for pursuing an MBA?

A. International students looking for a top-notch MBA frequently choose Canada as their destination. Studying MBA in Canada may be a fantastic option for many reasons. For one thing, academic quality is highly regarded in Canadian institutions, which provide a choice of programmes and courses to suit different interests and professional objectives. Additionally, studying MBA in Canada gives students the ability to interact with individuals from all over the world and experience a different culture and way of life. Canada is a wonderful location to further your academic and personal objectives because of its open and inclusive society, first-rate healthcare, and high level of life.

Q. Which are the top 10 MBA colleges in Canada?

A. Here is the list of 10 best colleges in Canada for MBA studies for International students:

Canada Universities Offering MBA

QS Global MBA Rankings Canada 2024

Rotman School of Management

#1

Desautels Faculty of Management

#2

Ivey Business School

#3

Sauder School of Business

#4

Smith School of Business

#5

Schulich School of Business

#6

Alberta School of Business

#7

John Molson School of Business

#8

HEC Montréal

#9

DeGroote School of Business

#10

Q. Which are the best MBA colleges in Canada for Indian students?

A. Here are some of the top universities in Canada for MBA programs as per QS Global MBA Rankings: Rotman School of Management - University of Toronto, Smith School of Business - Queen's University, Ivey Business School - Western University, Desautels Faculty of Management - McGill University, and Sauder School of Business - University of British Columbia. Before choosing one of these colleges, do your homework and carefully weigh your alternatives because each of these schools has a different MBA programme curriculum and criteria.

Q. What are the admission requirements for top 10 MBA colleges in Canada?

A. Depending on the university and programme you are applying to, there may be different entrance criteria for MBA programmes in Canada. The majority of programmes demand that candidates hold an undergraduate degree with a minimum GPA of 3.0 or above. Candidates must also provide official transcripts, a CV, letters of recommendation, and a statement of purpose defining their educational and professional objectives. Additionally, certain programmes could need exams like the GMAT or GRE. International students could also be required to provide TOEFL or IELTS results as confirmation of their English language competency. Before applying, it is crucial to thoroughly research the admission requirements of the particular programmes you are interested in and make sure you satisfy them all.

Q. What are the career options after MBA in Canada?

A. For graduates, earning an MBA in Canada may lead to a variety of professional prospects. The economy of the nation is booming, and graduates are frequently accepted into the top echelons of professions like finance, consulting, and marketing. Financial Manager, Financial Analyst, Marketing Analyst, Recruitment Specialist, Sales Manager, Investment Analyst, Business Analyst, Business Development Manager, and Project Manager are a few of the prominent career paths for MBA graduates in Canada. Although the earning potential varies by sector, job function, and region, MBA graduates in Canada may typically anticipate a salary range of CAD 60,000 to CAD 150,000 annually.

Q. How do I reduce the cost of pursuing an MBA in Canada?

A. Students may choose to apply for scholarships and/or work part-time in Canada to reduce their overall cost of pursuing an MBA degree. The Ontario Graduate Scholarship, the Robert Krembil Scholarship of Merit, the Goldberg Leadership Award of Excellence, etc. are a few of the well-known MBA scholarships in Canada for overseas students. These scholarships are designed to help students who are struggling financially accomplish their academic and career objectives by offering financial support. To avoid missing out on scholarship options that might help you pay for your MBA programme in Canada, it is crucial to complete your research and submit your application as soon as possible.

Q. What is the cost of pursuing an MBA from Canada?

A. The cost of pursuing an MBA from Canada for top colleges can range from CAD 45,000 to CAD 126,000 for 1 year. Depending on the institution and programme you choose, as well as your residency status, the cost of an MBA in Canada can change. Finding an MBA programme in Canada at a price that fits your tastes and budget would need study and comparison of various colleges and programmes. To lessen the cost of getting an MBA from Canada, you can also work part-time or seek for a scholarship.

About the Author
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Raj Vimal
Study Abroad Expert

Raj Vimal has experience of 7+ years in SEO Content Writing, which includes 5+ years in the Ed-Tech industry. He has written articles about studying abroad, especially in the USA, UK, and other English-speaking coun... Read Full Bio

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Armed with a decade of professional experience, Prayas is a connoisseur of the overseas education industry. He holds a post-graduate diploma in marketing and has the knack for finding ideal study options for student... Read Full Bio

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Comments

(37)

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neha sharma

a year ago

Hello, I'm about to complete my graduation (BBA) by this March - April 2023 which course will best for me (diploma/ masters )? and if i go for MBA so is it mandatory to appear for GMAT or without this i can get good colleges with better future placements?

Reply to neha sharma

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Aprant Agarwal

12 months ago

Hello. A Master's degree definitely has more value as compared to a Diploma. You must note that top MBA programmes usually require some work experience. However, the GMAT is not compulsory in many cases (though it will be usually required by the top universities). Since you do not have work experie

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F

Forum Parikh

a year ago

I have already pursue masters in business administration and now planning to go abroad, which course can i pursue?

Reply to Forum Parikh

A

Aprant Agarwal

a year ago

Since you have already completed one MBA, you can pursue a Doctorate (PhD) course abroad.

a

abul qais khan

a year ago

My son passed in mechenical engineering in 2021. He is job less nw. He want mba from Canada. Wht fees will be. Pls tell in detail. Thanks

Reply to abul qais khan

A

Aprant Agarwal

a year ago

Hello. Please refer to the above article once again. You can visit this link as well: https://studyabroad.shiksha.com/canada/mba-colleges-dc

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Dheeraj Bhatia

a year ago

Study from Canada Can i do mba after ba in Psychology (distance graduation IGNOU) and had 3 year experience within the graduation period .

Reply to Dheeraj Bhatia

10894929
A B

2 years ago

my agent is just insisting not to give gmat just IELTS and take admission in geogrian college and other average colleges.. but i want to follow the basic process gmat, ielts and work exp. is it worth taking mba from college like Georgian, candore is there any placement from these

Reply to A B

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Sudip BANERJEE

a year ago

Don't take undue risk.. agents are concerned with the money they can squeeze out.. the faster they can do, faster the money.. one of my known girl, applied for mca. In canada. Her visa was refused as that university was not recognized... she paid all fees, but getting hard time for refund... they st

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Hi All colleges are good with their level of study but for some course you need check the reviews and professors , Georgian and Canadore are very good colleges but sometimes you need a specific exp in order to get the knowlegde properly and apply it in future , MBA is a good course so i recommend t

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