Top 5 MBA colleges in Canada: Fees, Requirements

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Piyush Bhartiya
Modified on 2017-05-16 in Canada
Read time: 10 mins
Source: Namy Vlogs

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.

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:

Check out: Best courses and universities for MBA in Canada


Desautels Faculty of Management, McGill University, Montreal

mba colleges in canada-Desautels Faculty of Management

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 duration20 Months
Average Tuition Fee in CAD122,195
Requirements3-4 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

mba colleges in canada-Ivey business school

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 duration12 Months
Average Tuition Fee in CAD120,500
Requirements3-4 years of bachelors
GMAT: 660
English proficiency score
Work experience of 2 years
LOR
SOP

Rotman School of Management, Toronto

mba colleges in canada-rotman school of business

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 duration16 Months
Average Tuition Fee in CAD131,120
Requirements3-4 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

mba colleges in canada-john molson school of business

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 duration16-24 Months
Average Tuition Fee in CAD47,900
Requirements3-4 years of bachelors
GMAT: 580
English proficiency score
Work experience of 2 years
LOR
SOP

Alberta School of Business, University of Alberta

mba colleges in canada-alberta school of business

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 duration2 Years
Average Tuition Fee in CAD60,000
Requirements3-4 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

mba colleges in canada-haskayne schol of business

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 duration20 Months
Average Tuition Fee in CAD36,420
Requirements3-4 years of bachelors
GMAT: 570
English proficiency scores
Work experience of 2 years
LOR
SOP

HEC Montréal, Montréal

mba colleges in canada-hec montreal

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 duration12 Months
Average Tuition Fee in CAD55,000
Requirements3-4 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

mba colleges in canada- stephens jr smith school of business

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 duration16 Months
Average Tuition Fee in CAD102,100
Requirements3-4 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

mba colleges in canada-sauder school of business

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 duration16 Months
Average Tuition Fee in CAD90,057
Requirements3-4 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

mba colleges in canada-schulich school of business

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 duration20 Months
Average Tuition Fee in CAD106,900
Requirements3-4 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


MBA Colleges in Canada

FAQs

What is a competitive GMAT score?

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.

What are the most heavily weighted factors?

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.

Does my undergraduate degree have to be in business or commerce to apply to the MBA program?

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.

How long is my GMAT score valid?

Your GMAT score is valid for five years from the date of writing.

What is the minimum acceptable GPA?

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.

Do Canadian institutions accept the 10+2+3 education system of India?

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

Tags

Canada
MBA
study abroad

About the Author

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Piyush BhartiyaPiyush values education and has studied from the top institutes of IIT Roorkee, IIM Bangalore, KTH Sweden and Tsinghua University in China. Post completing his MBA, he has worked with the world's # 1 consulting firm, The Boston Consulting Group and focused on building sales and marketing verticals for top MNCs and Indian business houses.

Comments (14)

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TanishCommented on 2022-01-27

Is MBA from Canada good?

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IshaCommented on 2022-01-27

Is MBA from Canada good?

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VivekCommented on 2022-01-27

Can I study MBA in Canada without work experience?

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IshaCommented on 2022-01-27

Can I study MBA in Canada without work experience?

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AmritCommented on 2022-01-27

Which MBA colleges in canada accept students without GMAT?

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IshaCommented on 2022-01-27

Which MBA colleges in canada accept students without GMAT?

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AsifCommented on 2022-01-27

What is the minimum requirement of gmat to get admission for MBA in Canada?

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IshaCommented on 2022-01-27

What is the minimum requirement of gmat to get admission for MBA in Canada?

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AnmolCommented on 2022-01-27

Which exam is required to study mba in Canada?

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IshaCommented on 2022-01-27

Which exam is required to study mba in Canada?

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RajatCommented on 2022-01-27

Which university in canada have the best placement after mba?

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IshaCommented on 2022-01-27

Which university in canada have the best placement after mba?

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TusharCommented on 2022-01-27

What is the average fees for mba in Canada?

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IshaCommented on 2022-01-27

What is the average fees for mba in Canada?