Scholarships for MBA in Canada – Eligibility & Selection

Canada is considered one of the most sought-after study abroad destinations preferred by international students, especially for MBA courses and programs. MBA is one of the lucrative and promising fields of study that offers high salaried job opportunities. Canada has some of the top-ranked universities like Ivy Business School, Rotman School of Management, and McGill University. Indian students prefer studying MBA programs at Canadian universities due to academic excellence, affordable cost of study, and friendly immigration facilities. There is also a wide range of MBA scholarships for Indian students in Canada. If you are planning to take up an MBA program in the country, below are some grants you can consider applying. 

Rotman School of Management Scholarship

The scholarship is applicable for MBA courses and programs in Canada for international students. Since it is completely meant for MBA courses, students with undergraduate degrees opting for master’s in business administration are only eligible for this particular management scholarship program. The scholarship is available for the entire course duration i.e., two years. It is renewed annually on the basis of merit and need. This scholarship is given to two exceptional students. 

The scholarship is a fully-funded grant that covers the 100% tuition fee.

Eligibility and Selection

The selection process is completely based on academic scores and standardized test scores like GMAT, GRE, and IELTS. Students need to have excellent academic scores, financial proof as well as all documents including academic transcripts, work experience, and internship letters. 

To be considered they need to have a GMAT examination score requirement of 700, and GRE score requirement is 320 and for IELTS it is 6.5 band. The application process is online, where students need to submit the online application within the deadline. The next deadline for the application cycle is April 25, 2022.

Ivey MBA Scholarship

The Ivey MBA scholarship is applicable for international students. The scholarship is completely based on merit and academic excellence. The scholarship funds range from CAD 10,000 to 65,000 (INR 6,04,271 – 39,27,766). 

Eligibility and Selection

The selection criteria include leadership skills, GMAT score, academic records, professional experience. Ivey MBA scholarship is applicable on an annual basis which can be renewed based on good academic scores overall for that academic year. Students need to apply for the scholarship through the online portal. The selection process is based on merit and need. Students get the final confirmation after 6 rounds of the selection process. The application deadlines are as below: 

Round 2: April 11, 2022, Round 3: July 11, 2022, Round 4: September 19, 2022, Round 5: November 7, 2022, and Round 6: January 9, 2023. 

Haskayne MBA Program Scholarship

Haskayne MBA scholarship is applicable for students taking admission to the University of Calgary. Students need to apply for the scholarship through the online portal. The award amount for the scholarship is $23,000 (INR 1396137) for the first year and $13,000 (INR 788935) for the second year. 

Eligibility and Selection

The selection criteria for the scholarship is based on academic GPA scores, GMAT score, and academic success in prior records. Every student applying for the MBA program at the University of Calgary is eligible to apply. The scholarship is based on merit. It is offered on a one-time basis and cannot be renewed. The application deadline is April 22, 2022. 

Some Other Mba Scholarships For Indian Students In Canada Are 

  • Alberta MBA Scholarships- Scholarship Award up to 15,000 CAD
  • Sauder School of Business Scholarship – Awards $10,000 – $40,000
  • Schulich School of Business Scholarships – The school awards Seymour Schulich MBA Entrance Scholarship worth $27,104.00; Tanna H. Schulich MBA Entrance Scholarship worth $27,104.00; Robert Krembil Scholarship of Merit worth $40,000.00 among several other scholarships.
  • Wigwamen Scholarship- York University awards $2500 under this scholarship.
  • The Thomas Beck MBA Award – York University awards $5000 under this scholarship.
  • Sony of Canada MBA Scholarship – Awards $3,000 to second year full-time students at York.


Being a developed economy, Canada is one of the best study abroad destinations for MBA courses and programs. The scholarship programs are available based on academic proficiency and merit for international students. Get in touch with the academic experts of upGrad Abroad to know more about the MBA scholarships in Canada for Indian students and the selection process.

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