Searching for the latest information on post graduate diploma in business analytics in Canada? You need not look further as the article below brings you all you need to know on it. Read on to know more.
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PG Diploma in Business Analytics in Canada is a 1 to 2 year program that is quickly rising the ladder of popularity among international applicants. With some 1.7 MB of data created every second in 2020 globally (Data never sleeps, 6th ed.), our world is exploding with the overflow of information. It is this where the role of business analytics comes into play and aids organizations use this data to their advantage. This and a lot more makes the program a coveted choice among international applicants looking for higher education in Canada.
- The tuition fee for one of the top colleges for PGDM in Business Analytics in Canada is nearly 9,400 to 44,000 CAD, per year (~10 to 40 lakhs for Indian students).
- Work Experience is not required for the program. However, students with a 2-year UG diploma or equivalent have to necessarily present a min. experience of 2 years.
- Additional test scores like GMAT or GRE are not required for this program.
- Familiarity with concepts like linear algebra, statistics, calculus and basic knowledge of R, Python, SAS, Excel, among others is recommended.
- Shorter in duration and comfortable on pocket, the course is definitely becoming the choice of the hour with the starting salary package of 39,000 to 50,000 CAD, per year.
Canada is expected to add some 14,800 new jobs to the field in the coming decade that will create a flood of employment opportunities for students with a PG Diploma in Business Analytics in Canada (Job Bank Canada). Ontario followed by Alberta and British Columbia are some of the states in the country that are expected to generate the best possible job prospects in the field.
Top Universities for PG Diploma in Business Analytics in Canada
PG Diploma in Business Analytics in Canada is one of the coveted alternatives for students interested in short courses when looking to study abroad. The list of top universities in the country for the program along with their world rankings and tuition fee are as tabulated below.
| Institute | Program offered | Tuition Fee (in CAD, per year) |
|---|---|---|
| McMaster University | Diploma (Business Analysis) | 9,457 |
| University Of Montreal | Specialized Graduate Diploma (Management- Business Analysis) | 18,407 |
| University Of Calgary (Haskayne School Of Business) | Diploma (Business Analytics) | 23,746 |
| Cape Breton University | Post-baccalaureate Diploma (Business Analytics) | 10,090 |
| Northern Alberta Institute Of Technology | Diploma (Business Analyst) | 17,139 |
PG Diploma in Business Analytics in Canada: Graduate Certificate Courses
Apart from PG Diploma courses in the field, interested applicants can also choose from a range of interesting graduate certificate courses in business analytics. Some such courses are as mentioned below.
| Institute | Program offered | Duration | Tuition Fee (in CAD, per year) |
|---|---|---|---|
| Cambrian College | Graduate Certificate in Business Analytics | 3 Semesters | 16,799 |
| Centennial College | Business Analytics and Insights | 16 months | 16,532 |
| Centennial College | Marketing – Research and Analytics | 1 year | 16,531 |
| St Lawrence College | Graduate Certificate in Business Analytics-International Stream | 2 years | 44,000 |
| Humber Institute of Technology & Advanced Learning | Ontario Graduate Certificate in Research Analyst | 2 semesters | 16,607 |
| Durham College | Certificate in Data Analytics for Business Decision Making | 1 year | 13,322 |
| Algonquin College | Certificate in Business Intelligence System Infrastructure | 1 year | 20,228 |
| St. Clair College | Ontario College Graduate Certificate in Data Analytics for Business | 2 years | 30,732 |
Why Study PG Diploma in Business Analytics in Canada?
- Rising job opportunities: As per the report published by Job Bank Canada, the country is expected to generate 14,800 new jobs in the field of business analytics between 2019 and 2028 in addition to the current employment opportunities of 43,900 (in 2018).
- Demand-supply balance: With nearly 15,000 new jobs for 15,400 job seekers, business analytics as a domain is expected to continue with a constant demand-supply balance in Canada till 2028 (Canadian Occupational Projections System).
- Shorter duration of program: PG diploma in Business Analytics in Canada is usually a short course of 12-14 months but is highly coveted for in-demand jobs.
- High paying jobs in Canada: For a candidate with higher education in the field of Business Analytics in Canada, the starting salary in the country is nearly 27.60 to 68.38 CAD, per hour or 53,000 to 150,000 CAD, per year with experience.
PG Diploma in Business Analytics in Canada: Course Highlights
| Duration | 1 to 2 years |
| Eligibility | Bachelor’s degree or diploma in related field; SOP; LORs; Resume |
| Exams Required | IELTS (6.5) or TOEFL (60 to 90) |
| Work Experience | 1-2 years (recommended; mandatory for 2-y diploma undergraduates) |
| Tuition Fees | 9,400 to 44,000 CAD |
| Job Role Available | Senior Business Analyst, Executive Financial Services, Marketing Specialist, Business Developer |
| Top Recruiters | Amazon, Accenture, HSBC Bank Canada, BMW group, IBM, Centro |
| Salaries at Fresher level | 39,000 CAD per year |
PG Diploma in Business Analytics in Canada: Course Curriculum
PG Diploma in Business Analytics in Canada is a 1-2 year program that provides the students with necessary knowledge, skills and hands-on experience of how and where statistical analysis meets business insights. Designed specifically for candidates interested in finding solutions to big business problems, the program offers in-depth training of concepts like big data, statistical and predictive modeling, visualization and data storytelling.
Students looking for a short-term course after their undergraduate or wishing to pursue 2 master’s programs at the same time (degree and diploma) can opt for this course in particular when seeking to study in Canada.
Some relevant skills that a desirable student looking to pursue the program must possess includes the following:
- Strong English communication skills and interpersonal abilities.
- Time management and ability to handle deadlines and pressure.
- Possess critical-thinking skills.
- Should be inquisitive and analytical.
- See themselves as future team leaders or significant contributors of the team.
- Quick analyzing and problem-solving capacity.
- Passionate about learning the marketing research industry.
PG Diploma in Business Analytics in Canada Admissions
All the admission requirements for PG Diploma in Business Analytics in Canada differ on university basis. The detailed list of requirements comprising application deadlines, exams to study in Canada, relevant test scores and required documents are as compiled below.
PG Diploma in Business Analytics in Canada: Application Deadlines
Some top universities for PG Diploma in Business Analytics in Canada and their corresponding deadlines are as follows:
| Institute | Application Deadline |
|---|---|
| Mcmaster University | January 1 |
| University Of Montreal | February 15, April 22, September 15 |
| Cape Breton University | January 1 |
| Haskayne School Of Business | February 1 |
| Northern Alberta Institute Of Technology | January 6 |
| Cambrian College | January 11, 2021 |
| Centennial College | January, May, September 2021 |
| St Lawrence College | January 11, 2021 |
| Humber Institute of Technology & Advanced Learning | January 11, 2021 |
| Durham College | January 6, 2021 |
| Algonquin College | January 11, 2021 |
| St. Clair College | September 20, 2021 |
PG Diploma in Business Analytics in Canada: Admission Requirements
While most of the basic specifications for the program vary for different universities, some common admission requirements for PG Diploma in Business Analytics in Canada are as listed below.
- A 3-year honours degree/diploma or its equivalent in the field of business or related stream.
- Minimum GPA score of 3.0 or 65% (varies for different institutes)
- English proficiency scores like IELTS or TOEFL for candidates hailing from non-native English speaking countries.
- Work Experience of 2 years is highly recommended. It is a mandatory requirement in most cases who accept 2-year undergrad diploma courses.
- Statement of Purpose
- Letters of recommendation (2 to 3; preferably mix of academic and professional)
- Updated CV/Resume
- Prior comfort with subjects like mathematics, statistics, computer software, computer programming and enterprise systems is recommended.
- Assessment of numeracy skills might be an added requirement.
- For candidates pursuing PG Diploma in Business Analytics in Canada in French, basic eligibility for the language must also be met accordingly.
PG Diploma in Business Analytics in Canada: Eligibility
Mostly all the colleges observe their specific eligibility and GPA requirements when offering admissions to PG Diploma in Business Analytics in Canada. Some of the institutes and their specifications are as tabulated below.
| Institute | Admission Requirements |
|---|---|
| Mcmaster University | Diploma or equivalent degree; CV; LORs (2); SOP |
| University Of Montreal | High School Diploma in English or French (min 60%) |
| Cape Breton University | Min 65% (60% for Indian applicants) |
| University Of Calgary (Haskayne School Of Business) | A GPA of 3.0 or above (at least 2.0 in English); |
| Northern Alberta Institute Of Technology | 3 Digital Media and IT courses through NAIT (min GPA of 2.0) or equivalent |
| Cambrian College | Diploma or degree in the equivalent field, proficiency in Microsoft Excel |
| Centennial College | Degree of advanced diploma (3.0 or above); 2-year work experience and Resume (for 2-y diploma courses with 75% or above); Assessment of numeracy skills might be required |
| St. Clair College | Relevant degree or diploma in the related field with work experience (recommended) |
| St Lawrence College | 2-3 year college diploma or degree |
| Algonquin College | Degree or diploma in business, information systems, computer science, engineering |
PG Diploma in Business Analytics in Canada: English Language Requirements
As discussed above, candidates who are not the natives of an English speaking countries will have to necessarily submit English proficiency scores when applying for a PG Diploma in Business Analytics in Canada which are compiled as follows:
| Institute | IELTS | TOEFL |
|---|---|---|
| Mcmaster University | 6.5 | 86 |
| University Of Montreal | 5.5 | 72 |
| Cape Breton University | 6.5 | 80 |
| Durham College | 6.5 | 88 |
| Algonquin College | 6.5 | 88 |
| University Of Calgary (Haskayne School Of Business) | 6.5 | 86 |
| Northern Alberta Institute Of Technology | 6.0 | 83 |
| Cambrian College | 6.5 | 84 |
| Centennial College | 6.5 | 88 |
| St Lawrence College | 6.5 | 83 |
| St. Clair College | 5.5 | 61 |
Canada Student Visa Requirements
International students when looking to enroll in a program that is longer than 6 months in duration must also apply for a study permit and visa to study in Canada. They can be easily obtained by consulting the nearest Canadian Embassy. An applicant is advised to apply for the Canadian visa right after receiving an offer letter without any further delay.
The process of obtaining immigration documents differs on the basis of various factors like visa offices, country one is hailing from, candidate’s overall profile, among others and can take up to 12 months to complete. The application process is available both online and via paper.
The list of mandatory documents required when applying for a permit are as follows:
- Application for Study Permit.
- Letter of acceptance.
- Standardized test scores like IELTS (6.5 or equivalent), TOEFL etc.
- Proof of financial support.
- Passport photos.
- Valid passport.
Students will also have to appear for a visa interview with the nearest Canadian Embassy in order to successfully obtain a student visa. It is an important part of the application process and is one of the important reasons for rejection for Canadian Visa. It is important for applicants to be in good health when applying for a visa and should be able to clearly prove to the immigration officer their intent of leaving the country for their homeland.
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PG Diploma in Business Analytics in Canada: Cost of Study
When looking to study abroad, a student must essentially plan their expenses and budget before applying to a program. The detailed distribution of the cost of living in Canada is as detailed below.
Pre-Arrival Costs
For the students who have decided to pursue their higher studies in Canada, the immediate list of expenses to be taken into account is as follows:
| Type of fee | Cost (in CAD) |
|---|---|
| Program Application Fees | 75 to 150 |
| Visa Application Fees | 150 (for Indian applicants) |
| Health Insurance | 10,000 |
| IELTS Fees | 185-190 |
| TOEFL Fees | 160-250 |
| Airfare | 450-1400 |
PG Diploma in Business Analytics in Canada: Tuition Fee
Tuition fee for PG Diploma in Business Analytics in Canada in the country is highly university specific and varies depending on the duration and type of program. The basic estimated cost for the course required as tuition deposit would range somewhere between 9,400 and 44,000 CAD. The courses start as low as 9,000 which is a great relief for students who are finding it difficult to afford a full-time Masters in Canada.
The cost for Indian Students to pursue PG Diploma in Business Analytics in Canada is:
| Institute | Tuition Fee (in INR, per year) |
|---|---|
| Mcmaster University | 12,273 |
| University Of Montreal | 23,888 |
| Cape Breton University | 10,090 |
| University Of Calgary (Haskayne School Of Business) | 13,094 |
| Northern Alberta Institute Of Technology | 22,242 |
| Cambrian College | 21,801 |
| Centennial College | 21,454 |
| St Lawrence College | 57,101 |
| Humber Institute of Technology & Advanced Learning | 21,552 |
| Durham College | 17,289 |
| Algonquin College | 26,250 |
| St. Clair College | 39,882 |
Cost of Living in Canada
Other charges that a candidate will incur in the form of post-arrival expenses when pursuing PG Diploma in Business Analytics in Canada are as tabulated below.
| Type of Expenditure | Cost (in CAD, per month |
|---|---|
| Book and Supplies | 100 to 120 |
| Housing/Accommodation | 1,300 to 3,500 |
| Food | 250 to 300 |
| Transportation | 156 to 200 |
| Utilities | 500 |
| Internet and Cable | 120 to 160 |
| Gas and Electricity | 80 to 120 |
| Entertainment | 100 to 200 |
| Living expenses Guarantee Fund | Min 10,000 per year |
PG Diploma in Business Analytics in Canada with Scholarships
Canada is one of the highly student-friendly destinations that ensures that studying abroad doesn’t become a nightmare as far as money is concerned. Always encouraging brilliant and exceptional talent, the country provides a plethora of awards and studentships for international students.
Some of the popular scholarships in Canada for international students are tabulated as follows:
| Name of Scholarship | Amount (in CAD) | Eligibility |
|---|---|---|
| Paul Foundation scholarships | Up to 26,900 | Indian students with 1st class degree looking to pursue diploma/degree courses abroad |
| University of Montreal International Student Scholarship Program | 9,420 per year against tuition fee | International students pursuing masters or diploma courses at graduate level |
| BrokerFish International student scholarship | 1300 CAD | Covers health insurance for students enrolled in any field in Canada, US, UK, among others |
| Forktip Women’s- Innovation Scholarship | 2000 CAD | Available to all women candidates who fulfill required academic criteria |
| McMaster University Scholarships | 2,500 to 20,000 CAD (varies) | Various awards to academically outstanding candidates |
| University of Calgary International Scholarships | Varies | International students enrolled in a program at the institute |
Jobs after PG Diploma in Business Analytics in Canada
According to the survey conducted by ICTC, Canada has some 44,000 people working directly or indirectly in the field of business analytics after the country’s major decision to adopt big data to its business models. This number is expected to reach nearly 56,000 by the end of 2020 which indicated thousands of new job opportunities.
The current trends for business analytics across various states of Canada are expected to remain the coming decade. Some such salary trends expected across Canada with the obvious addition to the number of people employed over the years is as detailed below (Job Bank Canada).
| City/State | Median Wage (in CAD, per hour)* | Max Wage (in CAD, per hour) |
|---|---|---|
| Canada (trend across the country) | 43.75 | 68.38 |
| Alberta | 47.73 | 74.31 |
| British Columbia | 38.78 | 60.56 |
| Manitoba | 35.03 | 68.88 |
| Ontario | 42.09 | 69.74 |
| Quebec | 46.15 | 66.67 |
| Saskatchewan | 42.09 | 69.94 |
*On average, around 40 working hours per week (~36.9 h).
As reflected in the table above, a business analyst in Canada can earn an average salary of 27.60 to 68.38 CAD, per hour. While the entry-level positions in the field start at 39,000 CAD per year, the experienced individuals can make as high as 147,416 CAD with skills and relevant experience. A comparison of salaries of graduates enrolled in different roles post their PG Diploma in Business Analytics in Canada is depicted in the table below.
| Designation | Annual Salary (in CAD, per year) |
|---|---|
| Business Analyst | 99,197 |
| Product Owner | 95,000 |
| Project Manager | 90,000 |
| Executive Financial Services | 107,129 |
| Business Systems Analyst | 80,262 |
| Business Intelligence Analyst | 77,500 |
| Marketing Specialist | 54,468 |
| Business Intelligence Developer | 80,282 |
| Financial Planning Analysis | 100,000 |
| Salesforce Developer | 110,000 |
Are Masters and PG Diploma in Business Analytics in Canada different?
While opting for a short-term course like a PG diploma, a question that often arises is how similar or different is it from MBA in Canada or Masters in Canada. Also, is it worth it in terms of job prospects and a balanced career ahead. To answer these relevant questions, we have compiled some essential differences for the same below.
PG Diploma vs MBA vs Masters in Business Analytics in Canada
| Specifications | PG Diploma | MBA | Masters |
|---|---|---|---|
| Duration | 12-14 months | 2 years | Mostly 1.5 to 2 years |
| Courses included | Business and Data Analytics, Programming, Statistics | Marketing, Accounting, Finances Organizational Behavior | Business analytics, Data Management and Analytics, Programming, Statistics |
| Fees | 9,000 to 22,000 CAD | 16,000-80,000 CAD | 15,000-60,000 CAD |
| UG degree Requirements | 2 to 3 year diploma/degree | 4 years UG degree | 4 years UG degree |
| IELTS Requirements | 5.5 to 6.5 | 7.0 or more | 6.5 to 7.5 |
| GMAT/GRE | Not required | GMAT | GRE/GMAT (depending on course/institute) |
| Work Experience | Not required (2 y for students with 2-yr UG program) | 3 to 5 years | Recommended but not mandatory (2-3 years) |
| Fresher Salaries | 39,000 to 50,000 CAD | 80,000 to 200,000 CAD | 50,000 to 130,000 CAD |
| Job profiles | Business analyst, data analyst, investment banking, entertainment | Startup Businesses, Chief of Operations, Government Officials | Intelligence analyst, Business analyst, data analyst, investment banking, entertainment |
| Post-Study Work Visa | On 1 years of study, 1 year of work visa | On 2 years of study, 3 years of work visa | On 2 years of study, 3 years of work visa |
Since our world is currently overwhelmed with the data generated every minute, businesses around the world want to use this opportunity to their advantage and this is where the role of a business analyst comes into play. This new domain is expected to revolutionize the way businesses around the globe are approached and will create a wave of change and endless opportunities for candidates studying in Canada in the global market.
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