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MBA in Canada
Find about the cost of MBA in Canada, top business schools, admission & more!
The Master of Business Administration (MBA) is the one of the most sought-after courses that offer an array of career opportunities to students across the globe. The MBA degree offers a deep understanding of various aspects of management, its real-life applications and experiential knowledge that pushes students to discover practical business solutions.
If you are seeking an MBA degree in Canada, check out our comprehensive guide to learn about tuition fees, best business schools and admission requirements!
First, why study MBA in Canada?
- An MBA degree from Canada is internationally recognized, and it will enhance your career prospects and earnings potentials
- The cost of studying MBA in Canada is more affordable compared to other countries
- Canadian business schools offer internship opportunities to help students gain industry experience while studying their MBA degree
- Canada is a multicultural country, which means that you will study alongside students from different cultures. This will enable you to broaden your cultural perspective of business and management.
How much does it cost for MBA in Canada?
The average cost of an MBA degree in Canada is approximately CAD 30,000 to CAD 40,000 per year (indicative price). Your IDP counsellor can provide you with the latest information about the cost of studying an MBA degree in Canada and help you choose the best business school that suits your budget.
How to select the right university for your MBA degree?
Selecting a university to study in can be rather tedious task. Here some of the key factors to consider while selecting the right university for your MBA in Canada:
- Academic Excellence – Make sure the university you select to study in offers high quality education with excellent teaching standards.
- International student support – It is advised to select a university that has a well-planned structure for international students that includes orientation to the university, accommodation help and other advice services.
- Location – Analyse the location of the university and its nearby area as you will be staying there for a substantial period of time.
- MBA cost – Take into account the cost of MBA programs as it varies from university to university.
Top 10 business schools in Canada for your MBA degree
According to the QS Global MBA Rankings in Canada 2020, these10 universities and their business schools offer the best MBA programs in Canada:
- Toronto University (Rotman Business School)
- McGill University (Desautels Faculty of Management)
- Western University (Ivey Business School)
- Queen’s University (Smith School of Business)
- York University (Schulich School of Business)
- University of Alberta (Alberta School of Business)
- University of British Columbia (Sauder School of Business)
- Concordia University (John Molson School of Business)
- University of Montreal (HEC Montréal)
- Saint Mary’s University (Sobey School of Business)
Admission requirements for MBA in Canada
Most business schools in Canada require the below for MBA admission:
- Bachelor’s degree from a recognized university or education institution
- Graduate Management Admissions Test (GMAT) score
- Previous relevant work experience
- English language proficiency test, like IELTS or TOEFL
- Statement of Purpose
- 2 Recommendation Letters
- Admission interview
Colleges In Toronto Canada MBA
The Master’s Degree in Business Administration is a university degree designed to equip students with a wide range of skills and knowledge that are relevant to business and management. Since management and business strategies are essential for every company, MBA graduates enjoy a high level of employability and a multitude of career options.
Canada is one of the most sought-after countries for studying amongst international students. Also, with its immigration-friendly policies and an array of post-study opportunities, international students went to study in top universities in Canada for an MBA. Apart from this, there are numerous best MBA colleges in Canada which offers world-class education to students.
Why study an MBA in Canada?
With state-of-the-art universities and excellent job opportunities to MBA graduates after completing their studies, Canada is on the list of top countries for studying MBA abroad. There are various top universities in Canada for MBA which offers both full-time as well as part-time MBA courses to students.
Great standard of living
Like the US, Canada also has a multi-culture society where people from all regions, religions, culture, background, and languages live. Also, its flourishing economy offers excellent post-study opportunities to MBA graduates. Currently, Canada is considered as one of the most preferred destinations for immigrants from across the world. Also, a large population of the country can converse in French and English both, which signifies that the people here accept multi-culture.
Student Life in Canada
First of all, students should know how to apply to universities in Canada. Once you get admission, there are numerous things which students should know before moving to Canada. Apart from college studies, students can do a lot of activities while completing their studies. Also, students can also find part-time work which can help them with their living expenses.
MBA Colleges In Toronto Canada
Cornell University – Johnson College of Business
Executive MBA Americas
Calgary, Dallas, Edmonton, Houston, Ithaca, Lima, Los Angeles, Mexico City, Monterrey, Montreal, New York City, Ottawa, Salem, San Francisco, San Jose, Santiago, Seattle, Toronto, Vancouver, Washington DC
A dual degree program offered in partnership with Queen’s University in Canada launched in 2005. Previously known as “Cornell-Queen’s Executive MBA”, the program has been renamed in 2015 “Executive MBA Americas” and has expanded into Latin America. Classes are held every other weekend at at a designated boardroom location across North America. There are also three residential sessions split between the Cornell Johnson campus in Ithaca, NY and the Queen’s University campus in Kingston, Ontario, Canada.
Schulich School of Business – York University
Full-time MBA
Two campuses in Toronto
Part-time MBA
Two campuses in Toronto
Accelerated MBA
Two campuses in Toronto
International MBA
Toronto
MBA in India
Shamshabad, Hyderabad; Toronto
Program accredited by the All India Council on Technical Education (AICTE).
Kellogg-Schulich Executive MBA
Toronto; Evanston, IL
Full-time MBA/JD
Toronto
Joint degree program offers in collaboration with the Osgoode Hall Law School.
Full-time MBA/Master of Fine Arts
Toronto
Dual degree offered in partnership with the School of the Arts, Media, Performance & Design Graduate Studies that leads to a MBA and a MA in Art History, Dance, Music, Film (Cinema & Media Studies) or Theatre Studies.
Full-time MBA/MA
Toronto
Dual degree offered in partnership with the School of the Arts, Media, Performance & Design Graduate Studies that leads to a MBA and a MFA degree in Visual Arts, Theatre, Film, or Dance.
Queen’s University – Smith School of Business
Executive MBA
Anywhere in Canada
Cornell-Queen’s Executive MBA Americas
Atlanta, Calgary, Dallas, Edmonton, Fort McMurray, Houston, Lima, Los Angeles, Markham, Mexico City, Mississauga, Monterrey, Montreal, New York City, Ottawa, San Jose, Santiago, Seattle, Toronto, Vancouver, Washington DC
Classes meet all day Saturday and Sunday mornings every other weekend.
Accelerated MBA for Business Graduates
Calgary, Edmonton, Kingston, Ontario, Markham, Mississauga, Montreal, Ottawa, Toronto, Vancouver
Ryerson University – Rogers School of Management
MBA
Toronto
MBA in Management of Technology and Innovation
Toronto
University of Toronto – Rotman School of Management
Full-Time MBA
Toronto
Morning or Evening MBA
Toronto
Classes meet two mornings per week, from 7:00 to 8:59 a.m. or two evenings per week, from 6:30 p.m. to 8:30 or 9:30 p.m.
Rotman-SDA Bocconi Global Executive MBA
Global locations including Toronto and Milan
One-Year Executive MBA
Toronto
Classes meet class all day on Friday and Saturday, every other week, and for four one-week residential modules throughout the year.
JD/MBA
Toronto
Four-year combined degree offered in conjunction with the Faculty of Law
Jeffrey Skoll BASc/Full-time MBA
Toronto
Combined degree program offered in collaboration with the Faculty of Applied Science and Engineering.
Master of Global Affairs (MGA)/MBA
Toronto
Wilfrid Laurier University – Lazaridis School of Business and Economics
Part-Time Alternate Weekend MBA
Downtown Toronto
Classes meet on Friday 7 p.m. to 9:30 p.m. and Saturday 8:15 a.m. to 5:15 p.m. on alternating weekends.
Part-Time MBA with CPA
Toronto
MBA/Master of Finance
Toronto
Accelerated MBA Alternate Weekends
Downtown Toronto
Classes meet on Friday 7 p.m. to 9:30 p.m. and Saturday 8:15 a.m. to 5:15 p.m.
Part-Time Accelerated MBA for CMAs
Downtown Toronto
Program for CMA designation holders who want to pursue an MBA degree.
Concordia University – Molson School of Business
MBA in Investment Management
Montreal, Toronto
The program prepares students to write all three levels of the CFA exams while completing an MBA.
Western University – Ivey Business School
Executive MBA
Toronto. Each term begins with a residential module in London, Canada
Classes meet once per month, Thursday through Sunday in downtown Toronto. Each term begins with a one-week residential module at the Ivey Spencer Leadership Centre in London, Canada.
Compare Top 20 MBA colleges in Canada
Here is a comparison between the top 20 MBA colleges in Canada based on tuition fee, GMAT Score, location, and type of MBA program available:
Sr.no | MBA colleges in Canada | Tuition Fees CAD (International student) | GMAT Score | Location | Type of MBA Program |
1. | The University of Toronto – Rotman School of Management | $131,120 | 670 | Toronto | Full time, Part-time, Executive, and dual degree |
2. | Queen’s Smith School of Business | $102,100 | 654 | Kingston | Full time, Part-time, Executive, and dual degree |
3. | Western University – Ivey Business School | $120,500 | 680 | London | Full-time, Executive, dual degree |
4. | McGill University – Desautels Faculty of Management | $99,500 | 675 | Montreal | Full time, Part-time, Executive, and dual degree |
5. | York University – Schulich School of Business | $106,900 | 660 | Toronto | Full time, Part-time, Executive, and dual degree |
6. | UBC Sauder School of Business | $90,057 | 650 | Vancouver | Full-time, Part-time, dual degree |
7. | Alberta School of Business | $60,000 | 650 | Edmonton | Full time, Part-time, Executive, and dual degree |
8. | Concordia University – John Molson School of Business | $41,500 | 640 | Montreal | Full time, Part-time, and Executive MBA |
9. | HEC Montréal | $54,000 | 625 | Montreal | Full time, Part-time, and Executive MBA |
10. | Rowe School of Business | $82,205 | 550+ | Halifax | Online, corporate residency, Dal MBA |
11. | McMaster University – DeGroote School of Business | $86,000 | 580-700 | Burlington | Full time, Part-time, and Executive MBA |
12. | Brock University – Goodman School of Business | $70,317 | 550+ | St. Catharines | Full-time, Part-time MBA, and dual degree |
13. | University of Ottawa – Telfer School of Management | $64,000 | 510-720 | Ottawa | Full time, Part-time, Executive, and dual degree |
14. | Simon Fraser University – Beedie School of Business | $58,058 | 615 | Vancouver | Full time and Part-time |
15. | Sobey School of Business | $43,000 | 590 | Halifax | Full time, Part-time, Executive, and dual degree |
16. | Wilfrid Laurier University | $49,738 | 550-640 | Toronto/Waterloo | Full-time, Part-time MBA, and dual degree |
17. | University of Victoria | $38,419 | 550+ | British Columbia | Full-time, executive, and part-time |
18. | The University of Calgary – Haskayne School of Business | $29,087 | 550+ | Calgary | Full time, Part-time, Executive, and dual degree |
19. | Ryerson University – Ted Rogers School of Management | $47,391 | 550-750 | Toronto | Full-time and Part-time MBA |
20. | Edwards School of Business | $54,854 | 550+ | Saskatchewan | Full-time and Part-time |