An MBA in Canada is your gateway to a fulfilling corporate career. Most MBA colleges in Canada have course tenures of two years. A few MBA universities in Canada also have tenures of 18 months for their degrees. You can also find one-year degrees at some of the top institutions in the country. The course is about business management and administration and comes with varied specializations.
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Top 5 Reasons to Pursue the Course
Why is an MBA in Canada for Indian students worthwhile? Here are some reasons that will give you an idea:
- Globally recognized degrees that will boost your resume and career prospects.
- Comparatively affordable programs at the best business schools in Canada than many other nations.
- Multiple internship opportunities and a hands-on learning scope.
- Flourishing job market with friendly immigration policies and several opportunities across business sectors.
- Multicultural and welcoming environment that will help you broaden your horizons and get much-needed global exposure.
Top Universities for MBA Programs in Canada
You should note that the MBA in Canada requirements may vary across institutions. You have to search for universities offering an MBA in Canada without GMAT or an MBA in Canada without work experience, if these are your preferred criteria. Here is a list that you can check out:
Business School
University
QS MBA Rankings for 2023
Courses
Tenure
Average Fees
Rotman School of Management
University of Toronto
41
Brand Management
Investment Banking
Management Analytics
Real Estate
Health Sector Management2 years
CAD 55-56,000
Desautels Faculty of Management
McGill University
73
General
Law
MBA
Executive MBA12-20 months
CAD 43-44,000
Smith School of Business
Queen’s University
=76
MBA+JD
Digital Transformation
Sales and Marketing
MBA + Master of Finance1 year
CAD 89-90,000
Ivey Business School
University of Western Ontario
69
International Management
Entrepreneurship
Finance1 year
CAD 1,10,000
Schulich School Business
York University
=98
Business Consulting
Strategic Management
Marketing
Global Mining Management16-20 months
CAD 48-50,000
Sauder School of Business
The University of British Columbia
=92
Finance
Product & Service Management
Technology & Analytics Leadership16 months
CAD 58,500-60,000
Alberta School of Business
University of Alberta
111-120
Energy Finance
Strategy and Consulting
Innovation and Entrepreneurship20 months
CAD 20-22,000
John Molson School of Business
Concordia University
121-130
Marketing
Finance
Supply Chain16 months
CAD 38-40,000
Department of Business
HEC Montreal
151-200
EMBA
Full-time MBA
Part-time MBA1 year
CAD 45-47,000
Rowe School of Business
Dalhousie University
151-200
Corporate Residency, Financial Services, Leadership, Dual MBA,
Online/Blended MBA1 year
CAD 40-42,000
As you can see, the average MBA in Canada cost can be anywhere around CAD 35,000-40,000 and upwards.
Eligibility for MBA in Canada
- Bachelor’s degree from a recognized institution
- GMAT score
- IELTS/TOEFL score
- Previous work experience
- LORs
- SOP
Specializations
- Finance
- Marketing
- Human Resources
- International Business
- Operations
Job Prospects and Expected Remuneration
MBA programs open the doors to several lucrative opportunities for graduates. There are several opportunities at leading companies in Canada, including Amazon, Apple, Deloitte, and the Royal Bank of Canada, to name a few. Here are some of the popular job options after completing an MBA program in Canada and their average salaries:
- Operations Manager- CAD 145-155,000 annually
- Data Analyst- CAD 51-64,000 annually
- Economic Development Officer- CAD 81-113,000
- Junior Financial Analyst- CAD 47-55,000
- Business Analyst- CAD 81-93,000
FAQs
How much does an MBA cost in Canada?
Students can expect an average of CAD 35-40,000 to start with, and premier institutions charge higher fees, exceeding CAD 1,10,000 at times.
Is an MBA worth it in Canada?
Doing an MBA in Canada is always a great option, since the country has a flourishing economic sector with several opportunities for graduates. It is also home to several top-ranked global business schools for MBA programs.
Is an MBA a good career in Canada?
MBA is a great career option in Canada. MBA graduates are some of the highest-paid professionals in the country, earning approximately CAD 100,000 per year and upwards with an Executive MBA degree, as per reports.
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