- QS ranked the Schulich MBA among the world's top 100 in its 2026 Global MBA Ranking
- Under the 2026 fee framework the full-time MBA costs CAD 31,003 per term for international students, an estimated CAD 124,011 in total
- The Schulich MBA Class of 2024 reported average total compensation of CAD 95,578 and an average GMAT of 661
- The graduate application fee is CAD 150.
The Schulich School of Business is the business faculty of York University in Toronto, Ontario. It is consistently placed first among Canadian business schools by Corporate Knights and sits inside the QS global top 100 for its MBA, and it is one of the destinations Indian applicants most often shortlist when they compare Canadian management programmes.
This profile pulls every figure from Schulich's own published pages: the 2026 graduate fee framework, the 2026 rankings page, the school heritage timeline and the Centre for Career Design employment report. Aggregator numbers have been removed.
What Is the Schulich School of Business?
Schulich is the business school of York University in Toronto, Canada. It was established in 1965 as the Faculty of Administrative Studies, opened in 1966, and was renamed in 1995 after benefactor Seymour Schulich. It offers BBA, MBA, specialised master's and PhD degrees, with more than 37,000 alumni across over 90 countries.
York University's Faculty of Administrative Studies admitted its first students in 1966. The school established Canada's first International MBA in 1990 and, in the early 2000s, the first cross-border Executive MBA programme in Canada with Northwestern University's Kellogg School of Management. In 2019 Schulich opened the Rob and Cheryl McEwen Graduate Study and Research Building.
- Parent institution: York University, Toronto, Ontario
- Established 1965, opened 1966 as the Faculty of Administrative Studies
- Renamed the Schulich School of Business in 1995
- More than 37,000 alumni in over 90 countries, with 93 alumni chapters
How Is Schulich Ranked in 2026?
QS placed the Schulich MBA among the world's top 100 in its 2026 Global MBA Ranking. QS 2026 also ranked the Master of Supply Chain Management 25th in the world and the Master of Marketing in the global top 50, both first in Canada, and Corporate Knights ranked Schulich first in Canada for 2025.
Schulich's own rankings page lists results from several bodies. The most recent figures published there are set out below.
- QS Global MBA Ranking 2026: top 100 in the world
- QS Master of Supply Chain Management 2026: 25th in the world and first in Canada
- QS Master of Marketing 2026: top 50 in the world and first in Canada
- Corporate Knights 2025: first in Canada and third in the world among large MBA programmes
- Executive MBA global ranking 2025: first in Canada and top 35 in the world
- Executive Education global ranking 2025: top 35 in the world
- LinkedIn 2025: top 100 in the world for MBA career outcomes
What Are the Schulich School of Business Fees in 2026?
Under the Fall 2026 fee framework, the full-time Schulich MBA costs CAD 31,003 per term for international students, an estimated CAD 124,011 in total, and CAD 18,464 per term for domestic students, about CAD 73,858. Specialist master's programmes range from roughly CAD 72,354 to CAD 136,257 for international students.
The figures below are the estimated programme totals published by Schulich on its graduate tuition and costs page. Per-term fees are set by York University's Board of Governors and are reviewed annually, so the estimated totals move with each fee framework.
| Program (2026 Fee Framework) | International Total (CAD) | Domestic Total (CAD) |
|---|---|---|
| MBA (full-time) | 124,011 | 73,858 |
| Tech MBA (full-time) | 136,257 | 86,785 |
| Master of Business Analytics | 92,954 | 54,342 |
| Master of Finance | 92,954 | 55,393 |
| Master of Management | 72,354 | 27,817 |
| Master of Accounting | 96,472 | 36,409 |
| Master of Real Estate and Infrastructure | 92,954 | 54,041 |
| Master of Supply Chain Management | 92,954 | 54,341 |
The part-time MBA is billed at CAD 7,448 per term for domestic students, an estimated CAD 74,480 over the programme. The graduate application fee is CAD 150, payable online and non-refundable, although Schulich graduates can have it waived before they submit.
Which Programs Does Schulich Offer?
Schulich offers the BBA and iBBA undergraduate degrees, the full-time and part-time MBA, the Tech MBA, the Kellogg-Schulich Executive MBA, and specialist master's degrees in Business Analytics, Finance, Management, Accounting, Real Estate and Infrastructure, and Supply Chain Management. A PhD program rounds out the graduate portfolio.
Undergraduate degrees
- BBA - Bachelor of Business Administration, a four-year honours degree at the Keele campus
- iBBA - International Bachelor of Business Administration, which adds a study term abroad and a language requirement
Graduate degrees
- MBA - full-time in 16 to 20 months, part-time in 36 to 40 months, with accelerated options from 8 to 12 months
- Tech MBA - a technology-focused full-time MBA
- Kellogg-Schulich Executive MBA - a January-start programme for senior managers, Year 1 from January to October and Year 2 from November to May
- MBAN - Master of Business Analytics, 12 months full-time with a May intake
- MF - Master of Finance, three academic terms over 12 months
- MMgt - Master of Management, for graduates from non-business backgrounds
- MAcc - Master of Accounting
- MREI - Master of Real Estate and Infrastructure
- MSCM - Master of Supply Chain Management
- PhD - doctoral study in business administration
What Are the Admission Requirements and GMAT Scores?
MBA applicants need an undergraduate degree with a minimum B average in the last two full years, acceptable GMAT or GRE scores, and at least two years of full-time work experience. IELTS Academic 7.0 overall with 6.5 per band is required. The Class of 2024 averaged 661 on the GMAT.
Schulich reviews applications holistically, so meeting the minimums does not guarantee an offer. Applicants who hold a three-year degree may be considered with one additional year of work experience beyond the required minimum.
- Undergraduate degree from a recognised post-secondary institution with a minimum B average in the last two full years
- GMAT or GRE with acceptable scores on all measures; the GRE institution code is 5697
- Minimum two years of relevant post-degree full-time work experience or life experience
- Two written essays, one timed essay and two video essays
- An up-to-date resume, two references and unofficial transcripts
- IELTS Academic 7.0 overall with a minimum 6.5 in each dimension, or TOEFL 100 iBT for tests taken before 21 January 2026
- TOEFL scores from tests taken on or after 21 January 2026 use the new scale: 5 overall with a minimum 4.5 in each dimension
- A 30-minute virtual admissions interview by invitation
The Master of Business Analytics does not require the GMAT or GRE, and it asks for a four-year degree with a minimum B+ average in the last two full years. The Master of Finance requires a B+ average plus at least two 3-credit quantitative courses, and waives the test for CFA Level 1 or FRM Part I holders.
Best MBA Programs in Canada Without GMATRead →When Are the Schulich MBA Deadlines for 2026-27?
For January 2027 entry, Schulich MBA rounds close on 27 May 2026, 25 June 2026 and 7 July 2026, the final round for international candidates, with a domestic-only round on 18 November 2026. September 2027 entry opens with a Round 1 deadline of 21 October 2026.
| MBA Entry 2026-27 | Round 1 | Round 2 | Round 3 | Round 4 |
|---|---|---|---|---|
| January 2027 intake | 27 May 2026 | 25 June 2026 | 7 July 2026 (final round for international candidates) | 18 November 2026 (domestic only) |
| September 2027 intake | 21 October 2026 | 20 January 2027 | 3 March 2027 (final round for international candidates) | 26 May 2027 (domestic only) |
Undergraduate applicants apply through the Ontario Universities' Application Centre and then complete the Schulich supplementary application. For Fall 2026 direct entry, the OUAC deadline was 15 January 2026 and the supplementary application closed on 3 February 2026, so Indian applicants targeting the BBA should plan around a mid-January deadline.
How Selective Is Schulich and What Is the Class Profile?
Schulich does not publish an official acceptance rate. Its official employment report shows an MBA Class of 2024 of 235 graduates, averaging 27 years of age, five years of work experience, a 661 GMAT with a 530 to 780 range, 64 percent international students and 33 percent women.
Acceptance-rate figures circulating on aggregator sites are not published by the school and have been removed from this profile. The verified class profile below comes from the Centre for Career Design MBA Employment Report, the most recent edition available.
- Graduating class size: 235 students
- Average age at programme start: 27, with a range of 21 to 46
- Average years of work experience: 5
- Average GMAT: 661, range 530 to 780
- Average GPA: 7.0, equivalent to A-
- International students: 64 percent; self-identify as female: 33 percent
At undergraduate level Schulich admits roughly 800 students a year, and the minimum Grade 12 cutoff for Ontario direct-entry applicants has ranged between 91 and 92 percent in recent years.
What Salaries and Placements Do Schulich Graduates Get?
In the Schulich MBA Class of 2024, 80 percent of graduates actively seeking work received an offer within three months and 91 percent within six months. Average total compensation was CAD 95,578, built from a CAD 90,643 average base salary plus an average signing bonus of CAD 9,889.
Financial services remains the single largest destination at 27 percent of the class, followed by law at 17 percent, technology at 11 percent and consulting at 10 percent. By function, general management took 24 percent of graduates, with consulting and legal services at 16 percent each.
| Industry (MBA Class of 2024, latest report as of 2026) | Average Salary (CAD) | Median Salary (CAD) |
|---|---|---|
| Law | 108,788 | 96,000 |
| Energy | 103,000 | 100,000 |
| Consumer Packaged Goods | 95,667 | 100,000 |
| Financial Services | 89,400 | 87,500 |
| Consulting | 85,667 | 85,000 |
| Transportation and Logistic Services | 79,667 | 79,000 |
| Technology | 77,167 | 75,000 |
| Media and Entertainment | 70,667 | 70,000 |
Reported compensation covers graduates employed within three months of graduation who supplied figures; the reporting rate for the Class of 2024 was 86 percent.
Jobs After MBA in CanadaRead →What Is the Kellogg-Schulich Executive MBA?
The Kellogg-Schulich Executive MBA, launched with Northwestern University's Kellogg School of Management, was the first cross-border Executive MBA program in Canada. Candidates need a bachelor's degree and at least eight years of relevant work experience. For the 2027-28 cohort, fees are CAD 115,968.78 domestic and CAD 159,465.66 international.
The programme starts each January and runs across two academic years, Year 1 from January to October and Year 2 from November to May, with students on campus on average every three weeks. Schulich is one of four campuses in the Kellogg Executive MBA global network alongside Beijing, Hong Kong and Vallendar. Applicants are generally not asked to sit the Executive Assessment or the GMAT.
The published fee covers tuition, required books and course materials, organised meals on class days at Schulich, and meals and accommodation during Launch Week at Schulich, Global Network Week at Kellogg and the capstone in Costa Rica or Tanzania.
What Scholarships Are Available at Schulich?
Schulich offers some of Canada's highest-value business scholarships. The Robert Krembil Scholarship of Merit and the Goldberg Leadership Award of Excellence are each worth CAD 80,000 and open to any visa status. The Dean's International Scholarship gives ten international students CAD 12,000, and the SEED program covers 25 to 50 percent of international tuition.
| Award (2026 Entry) | Value (CAD) | Programs and Eligibility |
|---|---|---|
| Robert Krembil Scholarship of Merit | 80,000, renewable | MBA; any visa status; highest academic standing |
| Goldberg Leadership Award of Excellence | 80,000, renewable | MBA; any visa status; leadership, innovation, community involvement and financial need |
| Seymour Schulich MBA Entrance Scholarship | 31,890 | MBA; any visa status; 5 awards |
| Dean's International Scholarship | 12,000, renewable | MBA; international students only; 10 awards |
| Schulich SEED Scholarship Program | 25 to 50 percent of international tuition | MBA, Tech MBA, Master of Management, Master of Finance; visa holders from Asia, the Middle East or Africa |
| Gary Whitelaw Strength in Diversity Award | 25,000 | MREI; any visa status |
Where Is the Schulich Campus Located?
Schulich sits on York University's Keele campus at 4700 Keele Street in Toronto, served by its own subway station on campus. Teaching takes place in the Seymour Schulich Building and in the Rob and Cheryl McEwen Graduate Study and Research Building, an award-winning facility that Schulich opened in 2019.
The Keele campus is on the Toronto subway network, which puts the downtown financial district within a direct ride. Toronto is Canada's financial capital, and the concentration of banks, consulting firms and technology employers in the city is a large part of why financial services absorbs the biggest share of each graduating MBA class.
Why Should Indian Students Choose Schulich?
Indian applicants get a top-100 QS MBA in Toronto, Canada's financial capital, where 64 percent of the MBA Class of 2024 were international students. Average total compensation reached CAD 95,578, scholarships up to CAD 80,000 carry no citizenship restriction, and the graduate application fee is CAD 150.
- Ranked first in Canada by Corporate Knights in 2025 and inside the QS global top 100 for 2026
- A majority-international MBA cohort, so Indian students are not a small minority
- Entrance awards of CAD 80,000 and CAD 31,890 that are open to any visa status
- The SEED scholarship is reserved for visa holders from Asia, the Middle East and Africa
- Master of Business Analytics and Master of Management need no GMAT or GRE
- Toronto placement into financial services, law, technology and consulting
Fees, deadlines and rankings on this page were checked against Schulich's own published pages in August 2026. Schulich reviews its fee framework annually, so confirm the current per-term figure on the school's graduate tuition page before you budget.