Canada

With an MBA from Canada or Germany, you will have access to a top-notch education and fantastic employment options. German living expenses are often lower than those in Canada are, despite the former having generally lower education prices. It is important to take into account both the course types you are interested in and the employment opportunities in each nation. Whereas courses in Canada are more aimed towards acquiring business skills, those in Germany tend to focus more on technical subjects.

When we talk about the cost of studying in Canada, in terms of tuition fees, students can expect to pay between CAD 10,000 and CAD 30,000 per year for an undergraduate degree. In the case of Germany, students can expect to pay between €150 and €20,000 per year for an undergraduate degree. In terms of Indian Rupee, Canada will cost somewhere between INR 6 Lacs and INR 19 Lacs per year. In the case of Germany, the annual tuition fee will be between INR 13,234 per year and 18 Lacs per year. Students should try for public universities in Germany if they are aiming for an affordable education abroad.

When it comes to changing your institution in Canada, there are two scenarios:

• If your current institution loses its DLI status: In this case, you can study in this institution till the validity of your Canada student visa. However, in this case you will not be able to extend your study permit.
• If you change your institute: In this case, you will have to sign in to your account and choose the “Transfer from DLI number”. You can then enter further details and input the new DLI Number, Student ID, and start date. You can then complete the transfer.

The range of tuition fee to pursue MBA in Canada between INR 7 L to INR 70 L per year. It can vary from universities to university. However, students are advised to check the official webpage of various Canadian Universities in order to gain knowledge about the exact fee details. Apart from this, you should have a sufficient budget to cover the cost of living in Canada. An Indian student needs INR 88,400 per month to cover the monthly expenses.

According to Glassdoor, the range of average salary in Canada is CAD 40K - CAD 60K (INR 24.54 Lakhs to INR 35.53 Lakhs) per year.  On the other hand, According to Glassdoor, the average salary in Australia is around AUD 98,000 per year (INR 52.14 Lakhs), with significant variations depending on the industry, location, and experience level.

Canada's immigration policies are welcoming in nature. A strong economy and robust job market of Canada offer ample job opportunities. However, the cost of living is recently hiked. On the other hand, the climate of Australia is warmer. The government here charges less tax than Canada.

Selecting a country to migrate is depends on your skill set and personal preferences.  If you have family members in either country, this may influence your decision.

Both countries offer excellent educational opportunities, diverse cultures, and a variety of courses. When comparing the two for study in 2025, Australia may be a better option to consider. Currently, the Canadian government has imposed a cap on study visa approvals. This could lead to a lower likelihood of approval compared to Australia.