Top 10 Universities for Master's in Business Analytics in Canada
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Masters in Business Analytics in Canada is one of the most popular courses in Canada after the MBA. Pursuing a Masters in Business Analytics in Canada can fetch remunerative work opportunities in the leading sectors of the Canadian economy and especially in the IT and ITES sectors. Pursuing a Masters in Business Analytics in Canada can be crucial for standing out in a crowded sector and can significantly improve your credentials as a business analyst. Moreover, Business Analytics in Canada is growing in demand as companies are always looking for professionals who can make informed decisions with the help of data.
Let us look at some of the reasons to pursue Business Analytics courses in Canada:
- High-quality education: Universities in Canada offer high-quality Business Analytics courses that provide knowledge and skills to excel in the current business scenario.
- Job opportunities after Business Analytics courses in Canada: Students can receive excellent job opportunities after completing Business Analytics courses in Canada. According to Glassdoor, the average salary of a Business Analyst in the Toronto region is CAD 72,658 per year. This translates to Rs. 44,15,601 per year (as per the current exchange rate).
- Post-study work opportunities: Students have excellent post-study work opportunities in Canada after completing their Masters in Business Analytics in Canada. Students can apply for PGWP Canada and can work for up to 3 years, post which, they can apply for a Canada PR.
Top 10 Universities for MS in Business Analytics in Canada
It is essential for the students to know the details of the top 10 Universities for MS in Business Analytics in Canada. Students must go through the list, of the top 10 Universities for Masters in Business Analytics in Canada, given below:
1) McGill University
McGill University has been ranked at 31st spot on the QS World University Rankings 2023. When it comes to Business Analytics course, it offers Master of Management in Analytics (MMA). Master of Management in Analytics offered by McGill University has been ranked at 10th position on the QS Business Master’s Rankings 2023 (Business Analytics). Here are the important features of the course:
- Curriculum: The course revolves around Advanced Statistics, Technology, and Business Strategy.
- Duration: Length of the programme is from 1 to 1.5 years.
- Fees: Tuition fee for 2023 entering class is CAD 57,600.
2) University of Toronto
University of Toronto is ranked at 34th position on the QS World University Rankings 2023. It offers Master of Management Analytics (MMA) course that is ranked at 13th spot on the QS Business Master’s Rankings 2023 (Business Analytics). Here is an overview of the programme:
- Duration: MMA is an 11-month course.
- Fees: The programme costs CAD 72,630 for international students.
- Employability: As per the official website, 94% of Master of Management Analytics (MMA) students were employed within 6 months of graduation.
3) University of British Columbia
University of British Columbia is ranked 47th on the QS World University Rankings 2023. University of British Columbia offers Master of Business Analytics (MBAN) course that is ranked 31st on the QS Business Master’s Rankings 2023 (Business Analytics). Here are some important points about the programme:
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- Duration: MBAN is a 12-month course and involves an 8-16 week internship.
- Fees: The tuition fee for the course is CAD 63,251
- Career Services: Mentorship, training programmes, career development workshops, and career coaching are available to support the students.
4) University of Alberta
University of Alberta is ranked at 110th position on the QS World University Rankings 2023. The University offers an MBA with a concentration in the Business Analytics field. Here are the details of the course:
- Courses offered: Operations Management + Introduction to Business Analytics + Predictive Business Analytics + Simulation and Computer Modelling Techniques in Management + Decision Support Systems
- Duration: The course is 2 years in duration.
- Fees: The total programme fee is about CAD 65,000.
5) University of Montreal
University of Montreal stands at 116th spot on the QS World University Rankings 2023. It offers MSc Data Science and Business Analytics that is ranked in the 81st-90th range on the QS Business Master’s Rankings 2023 (Business Analytics). The following points will provide you with an overview of the course:
- Duration: The length of the course is 16-24 months.
- Fees: Tuition fee for the first 4 terms for international students is CAD 30,800 for a thesis-based course and CAD 34,100 for a supervised project course.
- Career Outcome: Placement rate for the course is nearly 100% across various fields such as finance, marketing, HR, etc.
6) McMaster University
McMaster University is ranked at 152nd spot on the QS World University Rankings 2023. It offers Business Analytics as a specialization in its MBA programme. Certain important details of the course are given below:
- Compulsory Courses: Data Mining and Business Intelligence + Modelling and Analytics Using Spreadsheets + Predictive Modelling and Analytics + Business, Government and the Global Environment + Strategic Management
- Duration: The course is for 2 years
- Tuition Fee: Tuition fee is CAD 21,457.56 for Level 1 and CAD 20,662.80 for Level 2 EXT.
7) University of Waterloo
University of Waterloo is ranked at 154th spot on the QS World University Rankings 2023. It offers two courses in Data Science and Business Analytics; Master’s of Data Science and Artificial Intelligence (MSDAI) and Master’s of Mathematics in Data Science (MMath in DS). The details of the programmes are given below:
- Curriculum: Course includes a convergence of Statistics, Computer Science and Combinatorics and Optimization.
- Fees: Fees for both programmes is CAD 7,696 per term.
- Career Support: Career support services include Co-op advisors, WaterlooWorks (Waterloo's employment administration system), workshops, events, etc.
8) Western University
Western University is ranked at 172nd position on the QS World University Rankings 2023. The University offers MSc in Business Analytics. Here are some important facts about the programme:
- Duration: The duration of the programme is 16 months.
- Fee: Tuition fee for the course is CAD 73,800.
- Placements: Average base salary of the graduates stood at $74,588 with 97% of students receiving offers within 6 months of graduation.
9) University of Ottawa
University of Ottawa is at 237th spot on the QS World University Rankings 2023. The University offers MSc Management with a concentration in Business Analytics. The points given below provide certain important details of the course:
- Curriculum: Subjects include Quantitative Methods, Predictive Analysis, Decision Analytics, etc.
- Duration: The University offers 1-year research project, research project and co-op, and 2-year thesis options.
- Fees: Tuition fee for international students is nearly CAD 11,300 per term.
10) University of Calgary
University of Calgary is placed at 242nd position on the QS World University Rankings 2023. The University offers Master of Data Science and Analytics (MDSA) course. Here are some important points:
- Curriculum: Core subjects include Data and Visualization, Statistical Data Analysis, Statistical Modeling with Data, etc.
- Duration: The duration of the course is 12 months.
- Fees: The tuition fee for the programme is CAD 2,375.67 per 3-unit course.
Pursuing MS in Business Analytics in Canada can help you excel in the current business world as the demand for Data Analysts and Business Analysts is growing continuously. Students are advised to visit the university websites and do their own research in order to decide the best fit for them. For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.
Masters in Business Analytics in Canada FAQs
Q. Which are the top 10 Universities for MS in Business Analytics in Canada?
A. Top 10 Universities for MS in Business Analytics in Canada include McGill University, University of Toronto, University of British Columbia, University of Alberta, University of Montreal, McMaster University, University of Waterloo, Western University, University of Ottawa, and University of Calgary. It is advised that the students research the individual webpage of the Business Analytics programmes in order to decide where they wish to apply. Students must check the curriculum, fees, scholarships, and career outcomes before taking a final decision.
Q. Is it worth pursuing MS in Business Analytics in Canada?
A. The value of earning a Masters in Business Analytics in Canada is very high. Business Analytics courses in Canada are offered by many renowned universities and colleges, and graduates can anticipate having favourable employment and wage prospects. Additionally, a degree in the discipline of business analytics can lead to chances in a variety of businesses because it is in high demand on a global scale. The value of obtaining an MS in Business Analytics in Canada, however, ultimately depends on a number of variables, including job objectives, personal interests, and financial means. Therefore, it is advised to do some study and take these things into account before deciding.
Q. Which are the best colleges for Business Analytics in Canada?
A. The University of Toronto, the University of British Columbia, McGill University, and the University of Alberta are a few of Canada's top universities for business analytics. The Rotman School of Management at the University of Toronto, HEC Montreal, and the Schulich School of Business are some additional top-notch universities that provide Masters in Business Analytics programmes. The greatest institution is ultimately determined by a number of variables, including the program's curriculum, faculty, location, and employment prospects. Therefore, it is wise to explore and contrast the offerings of many universities before deciding which one best suits your needs and objectives.
Q. Does an MBA in Business Analytics in Canada offer good placement opportunities?
A. Many prestigious colleges in Canada offer MBA programmes with an emphasis on Business Analytics, and there is a strong job market for graduates of business analytics programmes. Graduates can anticipate job opportunities in a variety of sectors, including retail, healthcare, finance, and technology. In addition, a few Canadian colleges provide co-ops and internships that can help students gain significant work experience and networking possibilities. When assessing career prospects following an MBA in Business Analytics in Canada, it is prudent to investigate and take these variables into consideration as the job market might differ depending on a number of factors, such as geography and the status of the economy.
Q. Which are some top recruiters for MS in Business Analytics in Canada?
A. EY, Deloitte, KPMG, PwC, Accenture, IBM, CIBC, RBC, TD Bank, and Scotiabank are a few of the top Canadian employers looking to fill MS in Business Analytics positions. These are some of the biggest and most well-known businesses in Canada that hire students who have completed business analytics programmes. However, a lot of other businesses also employ people with business analytics skills, so it's crucial to look into and compare a variety of career prospects and industries to discover the greatest fit.
Selkirk College Canada expects a non-refundable application fee from international students, which is USD 100 (INR 8K). International students must fill out the application form where they must upload documents like transcripts, test scores, passport ID page, resume, and more. At the end of the application, international students can expect to pay the application fee, and once their application meets eligibility, they get an offer of acceptance.
Both the University of Lethbridge and Memorial University of Newfoundland are among the top universities in Canada for international students. They offers the quality education at a low cost compared to other top MS in CS universities in the world. We have compared them in the table below in terms of tuition fee and ranking:
MS in CS Universities | Tuition Fees | US News World Ranking |
|---|---|---|
University of Lethbridge | INR 10 L | 1741 |
Memorial University of Newfoundland | INR 4.7 L | 698 |
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According to the student review on the unofficial web, pursuing a PGDBA is not a great option in Canada, and pursuing an MBA is far better than that. However, international students who are looking for an affordable option can choose PGDBA from Selkirk as they offer programs way cheaper than other SPP colleges in Canada. In addition, Selkirk College has supporting faculty members and smaller class sizes which means students will get to learn a lot with assignments and projects and get three years to showcase their talent to grab the best career.