Canada has so many top MBA colleges for business students and also for MBA. 7 of the world’s top 150 universities are there in Canada. To stay on top of your game as an entrepreneur or businessperson, you will want to enrol in the top MBA colleges in Canada. Persistent Business professionals who graduate from MBA programmes in Canada earn an average of CA$ 80,000 per year. If you want to be one of them, you’ve come to the perfect spot!
Not only being home to the tallest free-standing structure i.e. THE CN TOWER in the world but Canada is being heaven for many national and international students by providing them with outstanding high education.
Canada provides students with the best and most affordable education, world-class resources, multi-cultural exposure and more importantly, the convenience of transition from studying to legal working status.
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Why study MBA in Canada?
Canada is one of the best nations for studying MBA abroad, thanks to its cutting-edge universities and outstanding career chances for MBA graduates upon completion of their studies. Many Canadian institutions provide full-time and part-time MBA programs to overseas students.
Let us now look at why you should pursue MBA from Canada:
- There are around 45 MBA programmes in Canada. Eight of these colleges are among the best in Canada for MBA programmes. As a result, top MBA schools in Canada provide high-quality education.
- Studying in Canada also helps with the easier and simpler immigration process
- Business degree graduates are one of the highly sought-after employees in Canada.
- The work opportunities are high in Canada. In addition to your studies, you will have many part-time career options in Canada during your MBA. This will assist you in managing your spending and networking.
Types of MBA in Canada
There are three different types of MBA degrees offered in Canada and they are as follows:
Full-Time MBA
The program is 2 years in total and students can opt to study the degree full time. GMAT scores, English proficiency test scores, and work experience are usually required for admission into full-time MBA degrees.
Part-Time MBA
This course longer time to complete compared to a full-time degree and can take from 3–6 years to complete and is mostly designed for fresh graduates who are working alongside their studies.
Executive MBA
It is aimed at executives who have 8-10 years prior experience and are looking into advancing their education. The course lasts for 13 months.
Students can also opt for dual degrees such as MBA/JD or MBA/MFA/MA apart from these courses.
Top MBA colleges in Canada
According to the latest applicant research, Canada is the third most popular MBA destination in the world. Canada has various famous MBA institutions in the world. The institutions of MBA offer programs that give the students the opportunity to develop their skills to tackle real-world business challenges very well.
Top MBA colleges of Canada are:
- Desautels Faculty of Management, McGill University
- Ivey Business School, University of Western Ontario
- Rotman School of Management
- John Molson School of Business
- Alberta School of Business, University of Alberta
- Haskayne School of Business, University of Calgary
- HEC Montréal, Montréal
- The Stephen J.R Smith School of Business, Queen’s University
- Sauder School of Business, University of British Columbia
- Schulich School of Business, York University
Check out: Best courses and universities for MBA in Canada
Desautels Faculty of Management, McGill University, Montreal
The Desautels Faculty of Management at McGill University was founded in 1906 and is regarded as one of the best MBA colleges in Canada. The Faculty’s innovative programs and well-deserved reputation for excellence continue to draw the best students and world-renowned academics to its downtown campus in Montreal’s vibrant metropolis.
Course Duration: 20 months
| Course duration | 20 Months |
| Average Tuition Fee in CAD | 122,195 |
| Requirements | 3-4 years of bachelors GMAT: 670 IELTS (7 overall) or TOEFL iBT 100 Work experience of 2 years LOR SOP |
Ivey Business School, University of Western Ontario
Ivey is one of Canada’s most prestigious business schools, having established the country’s first MBA and Ph.D. programs in business. The school has a strong track record of developing leaders. It was established in the year
| Course duration | 12 Months |
| Average Tuition Fee in CAD | 120,500 |
| Requirements | 3-4 years of bachelors GMAT: 660 English proficiency score Work experience of 2 years LOR SOP |
Rotman School of Management, Toronto
Rotman, Canada’s best business school, has all of the advantages of its international rivals, as well as a solid business education philosophy. Their innovative problem-solving method will transform your leadership abilities and assist you in addressing global business difficulties.
| Course duration | 16 Months |
| Average Tuition Fee in CAD | 131,120 |
| Requirements | 3-4 years of bachelor, min. GPA: 3.0 GMAT: 678 IELTS (7 overall) or TOEFL iBT 100 Work experience of 2 years LOR SOP |
John Molson School of Business, Montreal
The John Molson School of Business at Concordia University is one of Canada’s best, offering undergraduate, graduate, and doctoral programs with a practical, case-based teaching approach. Concordia was the top-ranked Canadian institution in the 2020 QS Top 50 under 50 university ranking and has consistently been listed in the top 10 Canadian MBAs by the Economist and Bloomberg.
| Course duration | 16-24 Months |
| Average Tuition Fee in CAD | 47,900 |
| Requirements | 3-4 years of bachelors GMAT: 580 English proficiency score Work experience of 2 years LOR SOP |
Alberta School of Business, University of Alberta
The University of Alberta’s Alberta School of Business is located in Edmonton, Alberta, Canada. The Alberta School of Business, which was founded in 1916 and is constantly ranked, is a research-oriented, publicly supported organization.
| Course duration | 2 Years |
| Average Tuition Fee in CAD | 60,000 |
| Requirements | 3-4 years of bachelor, min. GPA: 3.0 GMAT: 570 IELTS: 7.0 Work experience of 2 years LOR SOP |
Haskayne School of Business, University of Calgary
The Haskayne School of Business is the business school of the University of Calgary, which is located in Calgary, Alberta, Canada. It is named after Richard F. Haskayne, who endowed the business school with one of the largest endowments in Canada. The university provides undergraduate, master’s, and doctoral degrees, as well as executive programs. Haskayne is one of Canada’s best business schools and one of the world’s top 100.
Course Duration: 20 months
| Course duration | 20 Months |
| Average Tuition Fee in CAD | 36,420 |
| Requirements | 3-4 years of bachelors GMAT: 570 English proficiency scores Work experience of 2 years LOR SOP |
HEC Montréal, Montréal
HEC Montreal was established in 1906 as a university-based school. It was Canada’s first business and management school, founded by the Metropolitan Montreal Board of Trade. The EFMD Quality Improvement System (EQUIS), the Association of MBAs (AMBA), and the Association to Advance Collegiate Schools of Business have all given it their seal of approval (AACSB). It was the first institution in the United States to receive accreditation from these prestigious organizations. Universities, the Conférence des Grandes Écoles (CGE), and the Canadian Bureau for International Education are all affiliated with the school (CBIE).
Course Duration: 12 months
| Course duration | 12 Months |
| Average Tuition Fee in CAD | 55,000 |
| Requirements | 3-4 years of bachelors GMAT: 570 IELTS (7 overall) or TOEFL iBT 95 Work experience of 2 years LOR SOP |
The Stephen J.R Smith School of Business, Queen’s University, Kingston
Stephen J.R. Smith School of Business, formerly known as the Queen’s School of Business, was founded in 1963 and is one of Canada’s top business schools. It provides business studies at both the graduate and undergraduate levels. In the 2017 Financial Times Masters in Management Ranking, Queen’s Master of International Business program was placed first in North America.
Course Duration: 16 months
| Course duration | 16 Months |
| Average Tuition Fee in CAD | 102,100 |
| Requirements | 3-4 years of bachelors GMAT: 656 IELTS (7 overall) or TOEFL iBT 100 Work experience of 2 years LOR SOP |
Sauder School of Business, University of British Columbia, Vancouver
The University of British Columbia’s Sauder School of Business is one of the world’s most prestigious academic business schools. Sauder is based in Vancouver, Canada, which serves as a gateway to the Pacific Rim. He provides an international business perspective at a dynamic crossroads of the global economy.
Course Duration: 16 months
| Course duration | 16 Months |
| Average Tuition Fee in CAD | 90,057 |
| Requirements | 3-4 years of bachelors GMAT: 550 IELTS (7 overall) or TOEFL iBT 100 Work experience of 2 years LOR SOP |
Schulich School of Business, York University, Toronto
Schulich’s MBA program was ranked #1 in Canada by The Economist yesterday in the magazine’s annual evaluation of the world’s top 100 MBA programs. Schulich was ranked 48th overall and 12th in the world among non-US business schools, in addition to being first among Canadian business schools.
Course Duration: 20 months
| Course duration | 20 Months |
| Average Tuition Fee in CAD | 106,900 |
| Requirements | 3-4 years of bachelors GMAT: 660 IELTS (7 overall) or TOEFL iBT 100 Work experience of 2 years LOR SOP |
Check out: Mba in Canada vs Mba in India
FAQs
Ans: The minimum required GMAT scored is 550. The GMAT is just one factor that is considered. With a recent class, the average GMAT score was 630.
Ans: The committee looks at the GPA, GMAT, and years of work experience and also the quality of the statement of intent, references, academic background, work, and extra-curricular experiences. Except that all aspects of your application are important.
Ans: No, it does not. Applicants who have a variety of academic backgrounds. Candidates hold degrees from a wide range of areas including arts, business, engineering, sciences, music, nursing, education, and fine arts.
Your GMAT score is valid for five years from the date of writing.
An applicant should hold a bachelor’s degree from a recognized institution with a minimum grade point average of 3.0 out of 4.0, or a B standing, based on courses taken during the last 60 credits or two years of full-time study. The average GPA for a typical entering class is 3.3/4.
Ans: Yes, the 10+2+3 system is accepted for postgraduate (PG) diploma programs but, for masters, almost all universities require 10+2+4. However, certain universities may accept 10+2+3 for masters in selected programs on a case-to-case basis
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