Master of Administration or MBA is one of the most sought-after programs in Canada. Many top-rated universities in Canada offer a 1 year MBA course. Such courses help an individual to learn and develop various skills regarding various subjects like finance, accounts, management, etc.
An MBA in Canada is a one or two-year course. The tuition fee varies from one university to another. However, it may range from CAD 6,592 to CAD 129,750.
MBA in Canada – An Overview
| Aspect | Description |
| Program duration | 1–2 years for full-time programs |
| Top universities | Rotman School of Management |
| McGill University | |
| Western University | |
| Average tuition fees | CAD 30,000–40,000 per year, varies by program and university |
| Popular specializations | Finance, Marketing, Strategy, Operations, Data Analytics, Entrepreneurship |
| Eligibility |
|
| Scholarships | Merit-based and need-based scholarships are available at various universities |
| Job prospects |
|
| Global Recognition | Recognized globally with strong industry connection and impact. |
List of the Top Colleges for MBA in Canada
| QS Ranking Canada | University Name | Location |
| 1 | Toronto (Rotman) | Toronto, Canada |
| 2 | McGill (Desautels) | Montreal, Canada |
| 3 | Western (Ivey) | London (ON), Canada |
| 4 | Queen’s (Smith) | Kingston (ON), Canada |
| =5 | British Columbia (Sauder) | Vancouver (BC), Canada |
| =5 | York (Schulich) | Toronto, Canada |
| 7 | Alberta School of Business | Edmonton (AB), Canada |
| 8 | Concordia (John Molson) | Montreal, Canada |
| =9 | HEC Montréal | Montreal, Canada |
| =9 | McMaster (DeGroote) | Hamilton, Canada |
| =11 | Dalhousie (Rowe) | Halifax, Canada |
| =11 | Haskayne School of Business | Calgary, Canada |
| =11 | Ottawa (Telfer) | Ottawa, Canada |
| =11 | Simon Fraser (Beedie) | Vancouver, Canada |
Why pursue an MBA in Canada?
Here are some reasons for pursuing an MBA in Canada:
- High standard of living: In Canada, the standard of living is quite high, and students will get a safe and comfortable lifestyle. Healthcare services and public services are excellent.
- Top-notch quality of education: Canada has top-rated universities that offer MBA courses to international students. These courses are globally accepted.
- Affordable education fees: Compared to other countries like the USA, tuition fees in Canada are economical.
- Availability of various scholarship facilities: International students can get various scholarships while pursuing an MBA in Canada.
- Hand-on approach learning: All MBA programs in Canada help students to incorporate real-life practical skills through various projects, internships, case studies, etc.
- Post-study employment opportunities: After completing an MBA in Canada international students can get job opportunities from renowned MNCs.
- High employment rate: Canada’s rapid economic growth ensures employment for all.
Types of MBA in Canada
| Name of MBA Program | Description |
| Full-time MBA | This is a one or two-year course that covers various subjects related to finance, business, management, etc |
| Part-time MBA | This is a longer course that has been designed for working professionals who are willing to earn an MBA degree while working part-time |
| Executive MBA | This is a 13-month course that has been designed for students who are willing to work in Canada while pursing an MBA |
Admission Checklist
| Requirement | Details |
| Bachelor’s Degree | A degree from a recognized and accredited university in any relevant field. |
| Work Experience | Minimum 2–5 years of professional experience from a reputable company, depending on the program. |
| GMAT Score | Typically above 650; some programs may accept GRE scores as an alternative. |
| GRE Score | Competitive scores in both the verbal and quantitative sections (e.g., 310+). |
| TOEFL Score | Minimum 90–100 (iBT) depending on program requirements. |
| IELTS Score | Minimum overall band score of 6.5–7.0 with no section below 6.0. |
| Academic Transcript | Official transcripts showing detailed grades and degree completion from previous institutions. |
| Bank Statement | Proof of financial resources sufficient to cover tuition and living expenses (e.g., $50,000+ CAD). |
| Statement of Purpose (SOP) | A 1–2 page essay describing career goals, reasons for choosing the program, and personal motivations. |
| Letters of Recommendation (LOR) | Two professional or academic letters from supervisors or professors highlighting achievements and potential. |
| Curriculum Vitae (CV)/Resume | A detailed document outlining education, work experience, skills, and achievements. |
| Student Visa | A valid student visa for the country of study, such as a Canadian Study Permit. |
| Photographs | Passport-sized photographs meeting specific application requirements (e.g., 2″x2″, neutral background). |
Fee Structure for Pursuing an MBA in Canada
| Sl No. | Name of University | Name of College | Fee in CAD |
| 1 | University of Toronto | Rotman School of Management | 124,030 |
| 2 | McGill University | Desautels Faculty of Management | 8,205 |
| 3 | Western University | Ivey Business School | 129,750 |
| 4 | Queen’s University | Smith School of Business | 110,000 |
| 5 | York University | Schulich School Business | 123,732 |
| 6 | University of Alberta | Alberta School of Business | 57,000 |
| 7 | Concordia University | John Molson School of Business | 53,511 |
| 8 | HEC Montréal | John Molson School of Business | 6,592 |
| 9 | Simon Fraser University | Beedie School of Business | 67,843 |
Eligibility for Pursuing an MBA in Canada
One year MBA course is gaining immense popularity in Canada. Here are some eligibility criteria for pursuing one MBA in Canada:
- A 3years or 4 years Bachelor’s degree from a recognized University
- High GMAT score and GRE score
- High TOEFL score and IELTS score
- 2 to 5 years of work experience from an established company
Intake & Admission deadline
| Name of University | Name of College | Intake/Admission Deadline | |
| University of Toronto | Rotman School of Management | Round 1- 16-December-2024
Round 2- 10-March-2025 Round 3- 05-June-2025 |
|
| McGill University | Desautels Faculty | 15-January-2025 | |
| Western University | Ivey Business School | 29-January-2025 | |
| York University | Schulich School Business |
Round 1- 14-October-2024 Round 2- 15-January-2025 Round 3- 19-February-2025 Round 4- 7-May-2025 |
|
MBA Scholarships in Canada
Here is a list of scholarships available for pursuing an MBA in Canada:
| Scholarships | Description |
|
Ivey Business School offers this MBA scholarship to meritorious students. The amount of the scholarship depends on the result of the applying student |
|
The University of Alberta offers this scholarship to its students who are pursuing an MBA. Students with excellent academic performance can avail of this scholarship |
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This is a government-aided scholarship that students from Ontario can avail |
|
York University offers this scholarship to its international students studying for an MBA at the Schulich School of Business. Students with good grades and leadership quality can get this scholarship |
|
MBA students who are pursuing a combined course can receive this scholarship |
Life after MBA in Canada
| Job Role | Description |
|
A financial analyst’s main job is to analyze a company’s data and prepare financial models, business reports, etc. Their job is also to work on budgeting, forecasting, and evaluating the company’s performance |
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Their main task is to supervise investment strategies, financial planning, etc. |
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A company relies on a business development manager to build client relationships, identify business opportunities, develop business strategies, etc. |
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Brand managers of companies supervise product development, brand strategy, marketing campaigns, market research |
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The main job of an HR is to recruit new employees, set up training sessions, develop new policies, ensure employees are being paid properly, etc. |
Top Recruiters for MBA in Canada
Here is a list of top recruiters in Canada:
| Recruiter | Details |
| Capgemini Group | A global consulting, technology services, and digital transformation company, known for its strong focus on innovation and transformation in various industries. |
| Business Development Bank of Canada (BDC) | A government-backed financial institution that offers funding and advisory services to small and medium-sized businesses in Canada, supporting entrepreneurial growth. |
| Manulife Financial Corporation | A major Canadian multinational insurance company offering a wide range of financial products, including wealth and asset management services. |
| TD Canada Trust | One of the largest banks in Canada, providing a wide array of banking services including retail, commercial, and investment banking. |
| Unilever Canada | A global consumer goods company, known for its range of products in the food, home care, and personal care sectors, with a commitment to sustainability and innovation. |
| Petro Canada | A major Canadian oil and gas company that focuses on petroleum exploration, production, refining, and marketing of oil and natural gas products. |
| Ceridian Canada Ltd. | A global human resources software company, offering cloud-based solutions for human resources, payroll, and talent management. |
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