When considering a university, you should take into consideration such factors as accommodation cost, tuition fees, acceptance rate, tuition rates, graduation rate, etc. Therefore, what are the tuition fees for the Laurentian University?

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Laurentian University MBA Overview

Laurentian University acceptance rate

Building on core business foundations, the MBA program provides learners with the knowledge and skills that clients demand to take their business to the next level. Courses focus on ethical leadership, advanced financial and marketing concepts, managing information systems, business strategy and explores the complexities of managing within a global context. Recent graduates will be required to complete a work integrated learning program that will give them the experience needed to move their career forward. 

With a fully revitalized curriculum, the Master of Business Administration program at Laurentian University is available in a flexible format, allowing for full or part-time studies completed online, on-campus or through a combination of both formats.

1 yearDuration

17,723 EUR/yearTuition fee

Master of Business Administration (MBA)

Sudbury, Ontario, Canada

Program Description

Building on core business foundations, the Master of Business Administration (MBA) program provides learners with the knowledge and skills that clients demand to take their business to the next level. Courses focus on ethical leadership, advanced financial and marketing concepts, managing information systems, business strategy and explores the complexities of managing within a global context. Recent graduates will be required to complete a work integrated learning program that will give them the experience needed to move their career forward. 

The Laurentian University MBA Fees is a three-year program that costs $25,000. That includes tuition and most fees.

The fees include:

-Non-refundable application fee of $150

-Graduation fee of $300 (paid upon completion of the program)

-Course materials fee of $355 per course (paid by completing courses)

NOTE – GMAT Scores

Note that the GMAT score required will depend on students’ GPA score. The lower the GPA score, the higher the required GMAT. For the September 2021 intake, the GMAT requirement has been waived for all applicants with a cumulative average of 70%. See the chart below for details:

GPA	Laurentian GPA	GMAT Score
High C (65%)	4.5 – 4.6	600 or more
C+ (66-69%)	4.7 – 5.4	575 or more
B (70-74%)	5.5 – 6.4	Not required for Fall 2021
B+ (75-79%)	6.5 – 7.4	Not required for Fall 2021
A (80%)	7.5 or over	Not required for Fall 2021

Log In to see Admission Requirements and Other Fees

Details

Program level:Postgraduate Certificate / Master’s Degree

Length:1-2 year master’s degree

Application fee:$110.00 CAD

Tuition: $36,483.00 CAD/year

Cost of Living: $11,000.00 CAD/year

Career Opportunities

Graduates can rest assured knowing there is a multitude of career options they can explore post-graduation. Some career options include, but are not limited to:

• Banking
• Consulting
• Advertising
• Human resources
• Small business
• Digital marketing
• Chartered accounting
• Financial planning
• Entrepreneur
• Sales
• Management

Many of these careers can be found in the public and private sector.

Laurentian University Online Business Administration (MBA)

The cost to complete a Master of Business Administration (MBA) program at Laurentian University ranges from $14,500 to $24,000 per year. This includes tuition and fees.

The first step in determining how much you will pay for your MBA is to determine which program you want to enroll in. The university offers three different MBA programs: Full-time MBA, Part-time MBA and Executive MBA. Each program comes with its own set of fees and its own tuition rate.

Full-time MBA students pay $14,500 per year in tuition while part-time MBA students can expect to pay $13,500 per year in tuition. Executive MBA students pay $24,000 per year in tuition. In addition to this base rate, there are additional fees that will be charged depending on what type of student you are (Canadian citizen or international) as well as some extra costs for specific courses such as field trips or internships.

The cost to complete an Executive MBA program at Laurentian University ranges from $37,000 to $45,000 per year. This includes tuition and fees for the first two years of the program but does not include housing or food expenses which vary depending on where you live and whether or not you have children who require

he Laurentian University MBA goes beyond the development of business knowledge.  The interactive learning experiences online and on-campus will focus on the application of theory through action – building competencies that employers want from their business leaders.

Flexible • Accessible

Applicants can be admitted to the fully online delivery option with annual entry point in September.  With no on-campus requirement, learning from where and when is truly up to you. This format is ideal for business professionals that need the flexibility of balancing work with family and community commitments.

Academic Advisor

Telephone: 705-675-1151 x6715

Email: mba@laurentian.ca

Who is learning online?

• Business professionals working in a full-time capacity
• 55% of online learners are female
• Average of 13 years of intermediate level work experience
• Average of 43 years of age (up to early 70’s)
• 60% of learners are located in Ontario
• Great cultural diversity among the student population

An on-campus one-year fast-track option (September to July) is available for business graduates that meet the minimum admission requirements and have received advanced standing towards the foundations level of the MBA program. 

Who is learning on-campus?

• Recent business graduates
• International graduates who want to complement their education and experience with a North American graduate degree
• Recent university graduates from non-business degrees with a minor in management
• Local business professionals studying part-time (mainly from the mining, health, public and education sectors) 

Affordable

The Laurentian University MBA provides the best value for your dollar. Earn while you learn through the online learning option and take as little as one course annually to keep active in the program.  Advanced standing towards the Business Foundations of the MBA can provide substantial time and cost savings. Full-time domestic students can also access Graduate Teaching Assistant (GTA) opportunities.

Click here for more information on MBA fees
 

Fast-track option

Complete your program in less than one year with our fast-track option!

Graduates of undergraduate business programs will be assessed towards the fast-track MBA with advanced standing provided for the Business Foundations portion of the program. 

Applicants with less than 2 years of intermediate level experience will be required to complete an additional 3-credit experiential learning course. 

Applicants will be assessed for advanced standing towards courses in the Business Foundations level (provided that they received a minimum of 70% in equivalent courses as assessed by the MBA Admissions Committee) for a maximum of 24 credits towards the degree.

Admission Requirements

In order to be admitted to the Master of Business Administration (MBA) program at Laurentian University, you must meet the minimum admission requirements and submit a complete application package. 
 

Minimum admission requirements:

Note: The GMAT requirement has been waived for the 2021 admissions cycle due to the COVID-19 pandemic. Applicants require a minimum cumulative average of B (70%) to be eligible without a GMAT score.

• 4-year undergraduate degree from a recognized university or equivalent and a score on the Graduate Management Admission Test (GMAT). The combination of GPA and GMAT score must correspond to the table below*
• International applicants must meet the minimum Laurentian University language requirements (details available at http://laurentian.ca/international)

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GPA	Laurentian GPA	GMAT Score
High C (65%)	4.5 – 4.6	600 or more
C+ (66-69%)	4.7 – 5.4	575 or more
B (70-74%)	5.5 – 6.4	550 or more
B+ (75-79%)	6.5 – 7.4	525 or more
A (80%)	7.5 or over	500 or more

*Applicants with significant intermediate level work experience may apply without a GMAT and will be required to request a waiver with their application package.

Please note that a GMAT score is valid for 5 years after the date of issue. The Office of Admissions will not accept GMAT scores that do not meet this criteria.

Notice regarding foreign transcripts: Applicants who have attended post-secondary institutions outside of North America, must have their foreign transcripts and diplomas assessed by World Education Services (WES): www.wes.org/ca. Laurentian University requires a WES Credential Evaluation Report, including a Course-by-Course Analysis. WES evaluations must be sent directly to the Office of Admissions.

Application process:

Step 1. Click here to submit the online application. Once students have applied, they will receive instructions (typically within 48 hours) from the Office of Admissions leading them to the MyLaurentian portal. Students can access the portal at my.laurentian.ca; sign-in credentials will be provided in the correspondence received from the Office of Admissions upon successful completion of an application. The following documents will be required in order to complete an application.

Documents:

• Three Reference Forms (to begin the process at my.laurentian.ca click on “Reference Submission” on the left-hand navigation menu)
• Statement of Interest (to be uploaded via MyLaurentian)
• Curriculum Vitae/Resume (to be uploaded via MyLaurentian)
• Official GMAT Test Report or GMAT Waiver Request Form (Word or PDF)
• Official Academic Transcript(s) from all post-secondary studies* (Please note that current or prior Laurentian University students do not need to request transcripts)  

*Please note that official transcripts or WES course-by-course (for institutions attended outside of North America) must come directly to the Office of Admissions from the previous post-secondary institution by requesting at the time of your application or by contacting the institution’s Registrar’s Office.

Step 2. Once the Admissions Office receives all information and the application is deemed complete, the application will be forwarded to the department.  An Admissions Committee meets to review the applications.

Step 3. The Admissions Committee will review all applications on file and make a decision regarding the suitability of each applicant.  The Admissions Committee will then make a recommendation to the Dean of the School of Graduate Studies at Laurentian University. The Graduate Studies office will verify the dossier and if satisfactory, the Dean of Graduate Studies will forward the recommendation to the Office of Admissions at Laurentian University for admission. 

Step 4: If approved for admission, the Office of Admissions will send the student an Offer of Admission via MyLaurentian.  Applicants wishing to accept the offer of admission must indicate their response on MyLaurentian within 3 weeks of receiving the offer. Once the student has accepted the offer, a transition to the registration process occurs.

Admission to the MBA program is competitive and will be based on the Laurentian University Admission Committee’s relative rankings of applications. The Committee will review each application individually and assess each applicant’s own combination of prior education and unique strengths in determining the applicant’s ability to successfully undertake the MBA program.

Degree Options

For Current Students

The degree options listed below are for the upcoming academic year, not the current academic year. If you are a current student looking for which courses to take in order to complete your degree options from a previous academic year’s curriculum, please consult with an academic advisor.

Students must follow these regulations while in the Faculty of Graduate Studies.

Effective September 2016, COMM course codes will be replaced with ACCT, MGMT, MKTG, OPER and FNCE codes. This table explains the course equivalencies to help students and others understand the transition to the new course codes.

MBA – General Management  (ALSO OFFERED ONLINE)

The MBA program is comprised of foundations, core, capstone, and experiential learning courses for a total of 45 credits.  Advanced standing can be assessed towards the foundations courses and the work integrated learning course only. A set of 15 credits of advanced standings is awarded to CPA, or CPA candidates enrolled in the Professional Experience Program (PEP).  A minimum of 30 credits or 33 credits (if the student has no prior work experience) is required to complete the MBA program (residency requirement). 

Foundations courses (21 credits)

ACCT 5001E     Accounting

COMM 5032E     Economics
FNCE 5001E     Fundamentals of Finance
HROB 5001E     Organizational Behaviour
MKTG 5001E     Marketing
OPER 5001E     Business Statistics
OPER 5011E     Operations Management

Core courses (6 credits)

FNCE 5101E     Corporate Finance
MGMT 5101E     Ethical Leadership
 

Capstone course (3 credits)
MGMT 5121E     Strategic Management

Elective courses (12 credits)

Students select 12 elective credits in the MBA from courses with code ACCT, FNCE, MGMT, MKTG and OPER. (5000 level)

Work Integrated Learning Program (3 credits)

This course is required ONLY for students assessed with less than 2 years of intermediate work experience at the time of admission.

MGMT 5901E     Work Integrated Learning

PROGRAM REGULATIONS
To graduate with the MBA degree a student must:
Achieve a minimum a grade of “C” in all 57 credits (or have received advanced standing);
Achieve a minimum GPA of 5.5 on all MBA courses; and
Complete a minimum of 30 credits of MBA courses at Laurentian University.

MBA IBAC PATHWAY
Applicants that meet the minimum admission requirements and hold the CAIB or CPIB designation will receive 12 credits of advanced standing (MGMT/COMM 5901 and 9 credits of concentration courses) towards the 57 credit MBA program.
CLICK on the Unique Experiences tab for more information and FAQ’s

Total – 30 credits