If you are a foreign student who is studying and pursing your M.B.A in Canada, then you can apply for scholarships. There are many different scholarship programs that will help you pay the full cost of your school fees and educational costs. The Canadian government provides most of it’s citizens with financial assistance for higher education.
The Mba Scholarships program is aimed at the students who want to get preferred admission into Canada’s most prestigious MBA programs. Canada economy is a highly developed market and consequently, there are many students seeking admission in Canada for pursuing their higher education. These students would often come across various types of scholarship schemes which might be difficult for them to enter because they don’t have any connections or contacts with any of these organization.
You can have trouble finding the proper information online, so we’ve provided the greatest and most recent information on mba scholarships in Canada for international students 2022 and can i get scholarship for mba in Canada in the following post to help. Learn more by reading on. We at collegelearners have all the details you require regarding gmat score for scholarship in Canada. Learn more by reading on.
Mba Scholarship In Canada
Here we have listed some of the top MBA scholarships in Canada that are worth a try:
- 1. Ontario Graduate Scholarship (OGS) Program
A popular MBA scholarship in Canada, the Ontario Graduate Scholarship funds graduate studies at the master’s and doctoral levels. It is a merit-based scholarship offered by top universities in Canada in the Ontario region. Also being merit-based, the scholarship is highly competitive.
Participating universities: Some of the popular participating universities include:
- University of Toronto
- McMaster University
- Carleton University
- York University
- University of Windsor
- University of Waterloo
MBA scholarships in Canada for foreign students: Ontario Graduate Scholarship
| Scholarship | Value | Eligibility | Deadline |
| Ontario Graduate Scholarship | 5,000 per term up to a maximum of $15,000 per academic year. | Should be enrolled in graduate studies in master’s or doctoral level Should be pursuing a full-time program comprising 2 or more terms (21 to 52 weeks in total) Should be attending a participating Ontario school | Applications become available in October. Deadlines vary by school and you need to contact your university for the deadlines. |
Popular Exams to Study in Canada
| IELTS | GRE | TOEFL |
| PTE Academics | USMLE Exam | ACT |
- 2. Rotman School of Management Scholarships
Around one-third of students enrolled at Rotman School of Management, University of Toronto, are granted entrance scholarships, fellowships and awards every year. Among the popular MBA scholarships in Canada for foreign students, Rotman scholarships seek to remove the financial barriers that may come in the way of qualified applicants seeking admission at the business-school.
MBA Scholarships in Canada for foreign students –Rotman School of Management
| Scholarship | Value | Eligibility | Deadline |
| Rotman Entrance Awards and Fellowships | Two popular entrance awards granted to students enrolled in Morning & Evening MBA programmes: Five Women in Business Excellence Awards of $10,000 Two Morning MBA Excellence Awards of $20,000 | All students admitted to Rotman School of Management are automatically considered for Rotman Entrance Awards and Fellowships Students though need to fulfill MBA programme admission requirement, which includes English language proficiency TOEFL/IELTS test scores, GMAT scores and interview | First Application Deadline for morning and evening MBA: November |
| Forte Foundation Scholarships | $40,000 | Candidates must showcase exemplary leadership ability Demonstrate a commitment to women and girls via personal mentorship or community involvement. | |
| MGA/MBA Awards | $30,000 | Offered to the top student in the MGA(Master of Global Affairs)/MBA Programme |
How to apply: Students are automatically considered for the awards based on their application for admission and don’t have to apply separately.
- 3. Sauder School of Business Entrance Scholarship
Sauder School of Business at the University of British Columbia offers its own brand of MBA scholarships in Canada for foreign students to attract potential talents from across the world. Sauder extends merit-based entrance scholarships to outstanding international students.
MBA scholarship in Canada: Sauder Entrance Scholarships
| Scholarship | Description | Value | Eligibility |
| Global Business Leader of Tomorrow Scholarship | This scholarship is awarded to candidates with the potential to make lasting impression to Sauder’s global brand. | $10,000 – $15,000 | A holistic approach is adopted to select students, including parameters like GMAT/GRE and GPA scores. Other contributing factors include application essays and interview performance. |
| Accelerated Career Scholarship | This award is for candidates with outstanding career potential, especially who can lead by example and showcase Sauder’s commitment to excellence. | $5,000 – $15,000 |
How to apply: No separate application form is needed for applying to Sauder Entrance Scholarship, among the popular MBA scholarships in Canada.
Deadline:
| Application Round | Deadline |
| Early Admissions Round | December |
| 1st Admissions Round | February |
| 2nd Admissions Round | April |
| Final Admissions Rounds | June |
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- 4. Alberta MBA Scholarships
Alberta School of Business, University of Alberta, extends a number of MBA scholarships in Canada to meritorious and needy international students. These scholarships are generally offered for the duration of the MBA program.
MBA Scholarships in Canada for foreign students: Alberta MBA scholarships
| Scholarship | Description | Value | Eligibility | Deadline |
| AIMCo MBA Award | Offered annually to full-time MBA students specializing in finance. | $10,000 | a) High academic achievementsb) Excellence outside the classroom is also consideredc) GMAT Score | April |
| Claude Winspear MBA Award | Open to students with leadership skills and academic credentials and who are enrolled in a full-time MBA program at Alberta University. | $10,000 | ||
| Michael Lang MBA Award | Another popular MBA scholarship in Canada, it is awarded to full-time candidates. | $10,000 |
How to apply: Generally no separate applications are needed to apply for the scholarship, as your program application form will be used to judge your eligibility.
- 5. Ivey MBA Scholarships
One reason why you may want to study at Ivey Business School could be that Ivey offers a number of MBA scholarships, including some of the largest merit-based MBA scholarships in Canada.
MBA scholarships in Canada for foreign students: Ivey scholarships
| Scholarship | Description | Value | Eligibility | Deadline |
| Ivey MBA scholarships | Largest merit scholarship funding in Canada | Amounts ranging from $10,000 to half tuition | Based purely on merit and leadership qualities Selection parameters include exceptional professional experience, leadership skills, and academic excellence, in addition to strong GMAT scores. | Applications accepted multiple times a year, including in November and January |
How to apply: There is no separate scholarship application. Instead, you need to complete the scholarships section included in the online MBA admission application.
- 6. Haskayne School of Business MBA Entrance Scholarships
This scholarship aims at removing obstacles faced by international students in their path towards becoming future leaders. Among the popular MBA scholarships in Canada, the Entrance Scholarship also intends to attract high-achieving students from across the world to the university.
MBA scholarships in Canada for foreign students: Haskayne MBA Entrance Scholarships
| Scholarship | Description | Value | Eligibility |
| Haskayne School of Business MBA Entrance Scholarships | Helps needy international students in their path towards becoming future leaders by sponsoring their studies | The value of the award is between $1,500 and $20k per individual. | Award is based on merit and takes into account GPA and GMAT scores Offered to daytime and evening students. All international daytime visa students are eligible |
How to apply: There is no separate application form as your MBA applications will be used to evaluate eligibility.
Deadline
| Academic session | Deadline |
| Fall Admission | Early submission: January 15 (decision made by March 1)Final deadline: June 1 |
| Winter Admission | November |
- 7. Schulich School of Business Scholarships
International students at Schulich School of Business Scholarships can choose from a number of scholarships to fund their MBA studies. Many of these scholarships offer good monetary value to be considered among the most generous MBA scholarships in Canada. MBA scholarships are available under two categories: 1) Entrance Scholarships and 2) Continuing Student Awards
1) Entrance Scholarships: These scholarships offer a generous amount of money and are offered to full-time students at Schulich.
| Scholarship | Value | Eligibility | Deadline |
| Robert Krembil Scholarship of Merit | $40,000 | Full-time students at Schulich are selected based on merit | No separate application is necessary as full-time students are automatically considered for these MBA scholarships in Canada |
| Seymour Schulich MBA Entrance Scholarship | $27,104 | ||
| Tanna H. Schulich MBA Entrance Scholarship | $27,104 | ||
| Scotiabank Scholarships in International Business | $20,000 |
2) Continuing Student Awards: This specific type of MBA scholarship in Canada is available to students enrolled in MBA, IMBA or MPA programs at the University of Schulich.
| Scholarship | Value | Eligibility |
| The Thomas Beck MBA Award | $5,000 | Awarded based upon academic achievement as well as specific criteria |
| Carol Anne Letheren Women’s MBA Award | $3,000 | |
| Sony of Canada MBA Scholarship | $3,000 | |
| Wigwamen Scholarship | $2,500 |
How to apply: No separate application is necessary as full-time students are automatically considered for these MBA scholarships in Canada
Deadline: Schulic offers both part-time and full-time MBA. Deadlines for part-time MBA end in early-May.
Full-time MBA deadlines
| Entry | Round 1 | Round 2 | Round 3 |
| January | Sep | Oct | Late applications |
| September | Jan | Feb | April |
Mba scholarships in Canada for international students 2022
Latest information about MBA Scholarships for International students in Canada, 2022-23
UCW Special Targeted Regional Award Program, 2022
UCW Special Targeted Regional Award Program, 2022 is a Partial Funding international scholarship offered by the University Canada West (UCW), Canada for international students. Students eligible for this scholarship are: Open to students from Mauritius, Morocco, Mongolia, South Korea, Turkey
This scholarship can be taken for pursuing in Business, Arts, Commerce. 30 Nov is the deadline to send applications for UCW Special Targeted Regional Award Program, 2022. This scholarship can be taken at University Canada West (UCW), Canada, . The scholarship application form can be seen here
Check out other international scholarships, fellowships and grants offered by University Canada West (UCW), Canada.
HEST 2023- Higher Education Scholarship Test for Indian students
HEST 2023- Higher Education Scholarship Test for Indian students is a Partial Funding international scholarship offered by the Ministry of Information & Technology (IT) for international students. Students eligible for this scholarship are: Open to Indian nationals
This scholarship can be taken for pursuing in All courses except Medicine/ MBBS are eligible. 20 Nov is the deadline to send applications for HEST 2023- Higher Education Scholarship Test for Indian students. This scholarship can be taken at Can be utilized in any country other than India . The scholarship application form can be seen here
Check out other international scholarships, fellowships and grants offered by Ministry of Information & Technology (IT).
Forte Fellows Program 2022-23
Forte Fellows Program 2022-23 is a Partial Funding international scholarship offered by the Forte Foundation for international students. Students eligible for this scholarship are: Open to all nationalities
This scholarship can be taken for pursuing in Business Administration. Deadline varies is the deadline to send applications for Forte Fellows Program 2022-23. This scholarship can be taken at Forte sponsor schools . The scholarship application form can be seen here
Check out other international scholarships, fellowships and grants offered by Forte Foundation.
UCW MBA Excellence Scholarship for Continuing Students 2022
UCW MBA Excellence Scholarship for Continuing Students 2022 is a Partial Funding international scholarship offered by the University Canada West (UCW), Canada for international students. Students eligible for this scholarship are: Open to all nationals
This scholarship can be taken for pursuing in Business Administration. Deadline varies is the deadline to send applications for UCW MBA Excellence Scholarship for Continuing Students 2022. This scholarship can be taken at University Canada West (UCW), Canada, . The scholarship application form can be seen here
Check out other international scholarships, fellowships and grants offered by University Canada West (UCW), Canada.
UCW Second Language Excellence Scholarship 2022
UCW Second Language Excellence Scholarship 2022 is a Partial Funding international scholarship offered by the University Canada West (UCW), Canada for international students. Students eligible for this scholarship are: Open to International students
This scholarship can be taken for pursuing in Business Administration, Commerce, Business Communication, Arts. Deadline varies is the deadline to send applications for UCW Second Language Excellence Scholarship 2022. This scholarship can be taken at University Canada West (UCW), Canada, . The scholarship application form can be seen here
Check out other international scholarships, fellowships and grants offered by University Canada West (UCW), Canada.
AMBA 50th Anniversary Scholarships, 2017
AMBA 50th Anniversary Scholarships, 2017 is a Partial Funding international scholarship offered by the Association of MBAs (AMBA) for international students. Students eligible for this scholarship are: Open to all nationals
This scholarship can be taken for pursuing in Business. Deadline varies is the deadline to send applications for AMBA 50th Anniversary Scholarships, 2017. This scholarship can be taken at AMBA-accredited Business Schools . The scholarship application form can be seen here
Can i get scholarship for mba in canada
After having spent significant time in Canada, I have had the opportunity to learn about its education system and interact with many business school graduates. University of Toronto’s Rotman School, Western University’s Ivey Business School, and Queens University’s Smith School of Business are generally considered the top schools. All of them are located in Ontario, and feature state-of-the-art campuses in downtown Toronto; Ivey and Smith have satellite campuses in which they run EMBA, Accelerated MBA and other executive and Masters programs. I have had the privilege of visiting the facilities of each one of these schools, which, by any global standards, are topnotch. Other well-reputed schools outside of Ontario are McGill in Montreal, and University of British Columbia in Vancouver.
With respect to the quality of education, curriculum and instruction, I was impressed with how responsive and current the Canadian system is. All Schools offer an array of specializations and concentrations, and boast star faculty, whose published books have made way into classrooms even at top American programs. The Schools also feature well-known research institutes and innovation hubs that are at the forefront of new-age thinking, such as AI. One such lab is the Creative Destruction Lab. Housed within the Rotman School, it is a dream workspace for budding entrepreneurs wishing to incubate and commercialize their ventures.
Location is definitely an advantage at many of these schools. Toronto is a fast growing commercial and tech hub. It is home to large multinationals, many startups, and the financial industry, all of which are a stone’s throw from these campuses. As examples, Rotman is within minutes of Mars Discovery District, the largest urban innovation center in the world, and Ivey’s downtown campus is located inside the Exchange Tower at Kings Street. It can’t get any better than this!
My goal from these articles is to answer the question in an unbiased way so that you can make the best decision for yourself, given your circumstances and future goals. Lately, interest in Canada has risen, in part due to insecurity associated with post-MBA work authorization in the US, and relatively easier routes to Canadian residency. I hold a Diploma in Canadian Immigration and can well comprehend the attraction of a global and multicultural ticket. A two-year program in Canada gives you a work-permit for three years, or in other words, makes you eligible for the Post Graduate Work Permit Program, which is a path towards residency. Further, any Master’s degree from Canada will give you additional points on your Express Entry application, making education a worthwhile endeavor if residency is your goal.
Having said that, in Canada, post-MBA salaries are lower, and the exchange rate is weaker. If you check placement reports of Canadian business schools, the average starting salaries are lower than those posted by their American counterparts; $80k to 90k Canadian is nowhere near $140+ American posted this year by some top US schools, especially if you take into account exchange rates. Reported Canadian salaries may also be slightly inflated because American companies, such as consulting firms and tech giants, pay higher than domestic companies to maintain parity across borders. Also, it is no surprise that in Canada, underemployment is high. Studies have also indicated that first generation immigrants face challenges, and make lower than local residents, although in the long run these gaps taper; I have interacted with many immigrant professionals making upwards of 300k.
So should you get an MBA in Canada? Absolutely! We have worked with many candidates who are now in business school, or settled in Canada, and all of them are very satisfied with their decision. Many of them have made it to multinationals and other top companies, which would not have been possible without a top academic program. I continue to maintain that education is the best route to the Canadian dream as time spent in University gives you exposure to the market and helps build important connections, both important for your job search. Given the effects of Globalization, and Canada’s growing position, this may very well be the right time for a Canadian degree. In a few years, as Canadian firms make way into the rest of the world, the stamp’s brand equity is likely to be comparable to that of top American schools.
For now, in case you weigh the possibility of residency and a great education over short-term salaries, consider Canada. On the other hand if you want a stamp from a top global brand, one you can flash today anywhere in the world, consider the US or Europe (I would argue that all top schools provide a great academic experience, and a multicultural environment).
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