MBA PROGRAMS IN CANADA FOR INTERNATIONAL STUDENT: Canada is quickly growing as a place to go to college, especially for Indian kids. Canada has some of the best business schools in the world, and the cost of an education there is cheaper than in some other countries.
The MBA program in Canada is renowned around the world. It teaches students how to run a business in the real world and gives them the tools they need to adapt to a changing world. Read more of this blog to learn more about how Indian students can get an MBA in Canada.
Highlights of an MBA in Canada
| Total number of MBA Colleges in Canada | Approximately 40+ MBA colleges |
| MBA cost in Canada | INR 26 lakhs (approx.) |
| Top Specialisations | General Management, International Business, Business (others), Finance, Entrepreneurship, Supply Chain, Economics |
| Exams required | GMAT, GRE, IELTS, TOEFL |
Why choose Canada to get your MBA?
Students at colleges in Canada have the chance to meet a lot of successful and interesting businesspeople. A 2019 study from U.S. News and World study said that Canada was the seventh best country for business and entrepreneurship.
Canada is a great place for international students to live because the environment is great. When foreign students come to Canada, they can find lots of jobs on and off campus. Here are the best things about getting your MBA in Canada:-
A lot of cities in Canada are rated as having the best student life. These cities also work together and let foreign students come in. The students like being around people of different backgrounds and eating tasty foods from those backgrounds.
Getting a job in Canada is easier than ever, and there are lots of chances for people with an MBA.
Canada gives student cards to people from other countries. Additionally, compared to other countries, there is a lot less paperwork that needs to be done. Finally, they give foreign students work permits as soon as they graduate, which is helpful for all of them.
Canada is a great place to invest because it gives students a great return on their money and makes the MBA school much easier to get into.
MBA Programs in Canada
The Master of Business Administration can be earned in a number of different areas. One or two main things, like the theme and length of the course, can help you decide which course to take. In general, the length of the course makes it possible to group MBA schools in Canada into a wide range of categories. You’ll have a better idea of how to choose the right path.
MBA full-time: If you want to become a leader in the workplace, you should get a full-time MBA in Canada. Take advantage of this great chance to learn about how diverse the Canadian population is. This course can be taken full-time since it lasts two years. International students must get good scores on the GMAT and language tests in order to be accepted.
Part-time MBA in Canada: This is a great chance for people who want to work and get a degree in management. Getting this degree could take anywhere from three to six years, depending on the school you choose.
Canada’s Executive MBA : This curriculum is best for leaders and future managers who want to gain experience at the senior manager level. It will take between 20 and 28 months to finish.
Eligibility for an MBA in Canada
- The individual must have a bachelor’s degree from a recognized college or university and have earned at least the minimum number of points needed by the chosen university.
- A typical work history of two to three years (some places may not require this).
- You also need a good GMAT or GRE score and scores from tests of your English skills, like IELTS, TOEFL, etc.
- Letters of recommendation (LORs) and a statement of purpose (SOP).
Structure of Course
There are 4 levels in the MBA program that will help students improve their skills. Activities that you do with a group are also taught. Here is a general outline of how an MBA school works in Canada. Also, as the year goes on, students can pick any of the optional classes.
| Syllabus | Elective Courses |
| Preparatory – New Student Orientation | Business Analytics |
| Analytical Foundations (talent management, business analytics, etc) | Consulting |
| Management principles and practices | Finance |
| Business applications | Entrepreneurship |
| Integration and implementation | HRM |
| Leadership | |
| Marketing | |
| Project Management | |
| Digital Marketing |
Popular MBA Specialisations
- Marketing
- International Management
- International Business
- Finance Leadership
- Consulting
- Information Technology
- Data Science
- Entrepreneurship
- Strategy
- Design
Top Universities for Pursuing MBA in Canada
Mentioned below for your reference are the top universities for pursuing MBA in Canada.
- Rotman School of Management
- McGill University
- Ivey Business School
- Schulich School of Business
- Sauder School of Business
- HEC Montreal
- Queen’s School of Business
- Alberta School of Business
- Beedie School of Business
- Edwards School of Business
Let us elaborate upon the top MBA programs in Canada offered by these universities:
Rotman School of Management
The Rotman School of Management is one of Canada’s best business schools. The school has been around since 1950 and has taught many types of management classes. At Rotman School of Management, there are undergraduate, graduate, and doctoral programs in many different fields. The most famous program is the MBA. It has four kinds of MBA programs in Canada: an Executive MBA, a Joint MBA, a full-time MBA, and a part-time MBA. In their MBA classes, real-life cases give students a unique chance to learn. In their MBA school, they offer a number of specializations, such as
- Investment banking
- Consulting
- Brand management
- Global management
- Funds management
- Innovation and Entrepreneurship
McGill University
When you think of MBA programs in Canada, McGill University is one of the best. The University knows that their students need to learn skills that are in high demand around the world, and they work hard to teach those skills to their students. They have a great staff that works hard to build a strong network that students can use.
The Ivey Business School
Universities Western Ontario has a business school called Ivey Business School. It is known for teaching people how to be good managers. Western University chose to make a separate business school in 1949, which is when the business school was founded. They have MBA, MSc, MFE, and Ph.D. classes, among others. The business school has a strong network of more than 25,000 graduates, which is great for students because they can meet other smart people.
The university also has a number of mentoring programs where former managers offer to help current students. Students learn about the real world of the market and get ready for what’s next in these classes.
The HEC Montreal
The HEC Montreal school has a range of management classes for all levels and with a range of specializations. It is one of the best places in Canada to get an MBA. The 2019 QS Global Ranking gives HEC Montréal a rank of 131–140 around the world. The school has an excellent 91% placement rate. This business school is thought to be one of the largest in Canada because it accepts more than 72,000 new students each year.
Cost of Studying MBA in Canada for Indian Students: Tuition Fees
| University | Tuition Fees 2022 -Full-time MBA |
| University of Toronto | INR 70,60,424 |
| University of British Columbia | INR 63,41,361 |
| University of Alberta | INR 43,93,908 |
| McGill University | INR 72,86,564 |
This is just the school fees. Students also have to pay for things like application fees, housing, extracurricular activities, and other fees.
MBA scholarships available in Canada.
For your information, here are the different scholarships that Indian students can get to go to Canada to get their MBA:
- Ontario Graduate Scholarship
- University of Waterloo Graduate Scholarship
- Go Clean Scholarship
- Central Sector Scheme of National Overseas Scholarship for SC etc. Candidates
- Hani Zeini Scholarship
- Narotam Sekhsaria’s Scholarships
Cost of Living in Canada
| Common Utilities | Expenses (CAD) |
| Shared flat rents | 724 |
| Share of utilities | 55 |
| Internet subscription | 79 |
| Local transportation | 90 |
| Food | 11 |
| Cinema ticket | 14 |
| Pint of local beer | 6 |
MBA in Canada Requirements
- List of academic certificates and transcripts
- Scorecard of proficiency exams
- Bank Statements
- Work experience proof(if any)
- LOR – Letter of Recommendation (at least 2)
- SOP – Statement of Purpose
- MBA Essays (if needed)
- Updated CV/Resume
- Photographs
- Visa
Jobs After MBA in Canada
- Marketing Analyst
- Marketing Manager
- Marketing Coordinator
- Senior Human Resources Manager
- Human Resource Manager
- HR Coordinator
- Human Resources Director
- Human Resources Coordinator
- Consultant
- Business Development Officer
- Business Management Consultant
- Administrative Manager
Salary After MBA in Canada Work permit after MBA in Canada
| Top employers | Average Annual Salary (CAD) |
| Goldman Sachs | 193,000 |
| Amazon | 185,000 |
| HSBC | 83,000 |
| RBC Asset Management | 150,000 |
| KPMG, LLP | 54,000 to 123,000 |
| EY | 54,000 to 160,000 |
| TD Canada | 44,000 to 120, 000 |
| Canadian Imperial Bank of Commerce | 40,000 to 98,000 |
| Thomas Reuters | 80,000 |
| Rogers Group Inc | 79,000 |
People want to move to Canada because it has a lively, mixed society and a growing need for people with business degrees. When MBA grads finish their programs, the Canadian government welcomes them back.
So, getting a work visa in Canada after getting an MBA is easy and doesn’t cause any problems. Yes, you can get a work visa if you do a few simple things right away. Here is a summary of the most important things we learned about the rules for getting a work pass after getting an MBA.
- International students have 180 days from the time they graduate to apply for a work visa.
- With a work visa, graduates can work for any company in Canada, which is an extra bonus.
- Graduates can stay in Canada for three years if they get a job visa.
Cheapest Universities for MBA in Canada
- Memorial University of Newfoundland
- University of Northern British Columbia
- University of Ottawa
- University of Waterloo
- University of Manitoba
- Université de Moncton
- Université de Sherbrooke
- Université Laval
- HEC Montréal
- Concordia University
- Saint Mary’s University
- Carleton University
- University of Saskatchewan
Most Common Intakes
Universities in Canada offer three different types of admissions:
Fall intakes start in September and are the most popular time for universities and students to start new classes. For this intake, all studies and programs are open.
Winter intakes start in January and are the second most popular intake for foreign students. Students who missed the deadlines for the fall term usually sign up for this one.
Summer Intakes: This starts in April or May. This intake is great for people who want to apply for a specific program, since universities only have so many seats and classes to give. This is the least-liked diet.
Life as a student in Canada
Canada puts a lot of money into schools and their buildings. This makes the country one of the most sought-after places to study abroad. Let’s take a quick look at how busy student life is in Canada.
- People say that living in Canada is multicultural, which helps kids see things from a different point of view and make connections that last.
- The country is also known for letting most immigrants in, which adds to the progressive spirit of the people who live there.
- Canada has a huge variety of fun things for students to do in their free time. Students can do a lot of different things because the area has many world heritage places and fun festivals.
- Also, Canada is known for having the world’s lowest crime rate. In Canada, there are fewer violent crimes and fewer breaks. Also, police officers have strict morals that keep children safe.
MBA Universities for the Winter Intake 2023
| University | City | QS Rankings 2023 |
| Ivey Business School, University of Western Ontario | Ontario | 69 |
| Schulich School of Business, York University | Toronto | 98 |
| John Molson School of Business, Concordia University | Montreal | 121 |
| Smith School of Business, Queen’s University | Ontario | 601 |
MBA Without Work experience
Candidates can pursue MBA in Canada for Indian students without Work Experience at various universities such:
- Thompson Rivers University
- New York Institute of Technology, Vancouver
- Cape Breton University
- Brock University
- Dalhousie University
- Vancouver Island University
Top Sectors and Companies in Canada for MBA Graduates
Following are the Sectors and Companies in Canada for MBA Graduates:
Sectors for MBA students in Canada
- Finance
- Consulting
- IT
- Legal
- Retail
- Healthcare
Top Companies
- Amazon
- Disney
- Accenture
- Bain & Company
- AstraZeneca International
- Baylis Medical Company
- Bank of Canada
- Impact Consulting Group
- IBM
- Apple
- Procter & Gamble
- PwC
Summary:
- Canada is increasingly becoming a preferred destination for Indian students pursuing MBA.
- Canada has top-notch business schools and comparatively lower education costs.
- Offering specializations in General Management, International Business, Finance, Entrepreneurship, and more.
- Admission typically requires exams like GMAT, GRE, IELTS, or TOEFL.
- Vibrant student life, diverse cultural experiences, and ample job opportunities for international students both on and off campus.
- MBA programs in Canada are diverse, including full-time, part-time, and executive options.
- The eligibility criteria usually involve a bachelor’s degree, work experience, good exam scores, and recommendation letters.
FAQs for MBA Programs in Canada for International Students
Q1: Why should I consider pursuing an MBA in Canada?
A: Canada offers world-class education, a multicultural environment, and a thriving economy, making it an attractive destination for international students. The MBA programs are renowned for their quality and global recognition.
Q2: What are the top specializations available in Canadian MBA programs?
A: Popular specializations include General Management, International Business, Finance, Entrepreneurship, Supply Chain, and Economics.
Q3: What exams are required for admission to MBA programs in Canada?
A: GMAT, GRE, IELTS, and TOEFL scores are commonly required for admission to MBA programs in Canada.
Q4: Are there scholarships available for international students pursuing an MBA in Canada?
A: Yes, various scholarships, such as the Ontario Graduate Scholarship and University of Waterloo Graduate Scholarship, are available to support international students financially.
Q5: What is the eligibility criteria for an MBA in Canada?
A: Typically, applicants need a bachelor’s degree, a minimum number of points as per the chosen university, work experience, good GMAT or GRE scores, and proficiency in English (tested through IELTS, TOEFL, etc.).
Q6: Can international students work during their MBA program in Canada?
A: Yes, international students can work both on and off campus during their MBA program in Canada.
Q7: What is the duration of MBA programs in Canada?
A: The duration varies; full-time MBA programs usually last two years, part-time options may take three to six years, and Executive MBA programs typically range from 20 to 28 months.
Q8: How does the post-graduation work permit (PGWP) work for international MBA graduates in Canada?
A: International MBA graduates can apply for a PGWP, allowing them to work in Canada for up to three years after graduation. This provides valuable post-graduation work experience.
Q9: Which are the top universities for pursuing an MBA in Canada?
A: Some of the top business schools include Rotman School of Management, McGill University, Ivey Business School, Schulich School of Business, and Sauder School of Business.
Q10: What are the average tuition fees for MBA programs in Canada for Indian students?
A: Tuition fees can vary, but on average, they range from INR 26 lakhs and can go higher depending on the university and program.
