MBA in Pharmaceutical Management Colleges in Canada

Last Updated on August 24, 2022 by Smile Ese

MBA in Pharmaceutical Management colleges are listed for the benefit of Canadian students who wish to pursue their career in Canada. The conventional mode of education has given rise to many institutes and schools that provide quality education. MBA in Pharmaceutical Management are considered as unique courses which are beneficial for students who wish to pursue their career in the relevant field in management.

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MBA in Pharmaceutical Management Colleges in Canada

The pharma industry is a highly competitive field. To pursue a career in this sector, you need to have proper training and education. The pharmacy management program is designed to help you gain expertise in the pharmaceutical industry as well as business administration.

If you are looking for a management degree in the pharmaceutical industry, then this program is right for you. It helps students manage and coordinate the supply chain of pharmaceutical products.

This program provides students with a unique perspective on the healthcare system. It combines elements of management science with biological sciences to provide students with an understanding of how the healthcare system works and how it affects the lives of consumers in a positive way.

Students will learn about the development of new drugs, which will be used to treat patients suffering from various diseases and conditions. They will also be taught about the regulation of medicines, their use and distribution, and how these laws affect patients’ health and wellbeing.

At an MBA level, students can expect to learn about advanced business skills such as finance, economics, marketing, strategic planning, human resources, and more. In addition to this, they will also be required to take courses in subjects such as communications law and ethics. These subjects are vital for all individuals involved in the healthcare industry to understand their roles and responsibilities

What is the Syllabus of MBA Pharmaceutical Management?

MBA in Pharmaceutical Management is a 2-year degree program. Each year consists of 2 semesters. The course curriculum incorporates various assignments, quizzes, and presentations. In some colleges, it is mandatory for students to take up any related internship while pursuing the course.

The table given below shows the semester-wise breakup of the subjects one is required to study under the curriculum of this course.

Semester 1Semester 2 
Quantitative Techniques in ManagementBusiness Environment
Managerial EconomicsCost and Management Accounting
Managerial AccountingMarketing Management
Managerial CommunicationFinancial Management
Organizational BehaviorProduction and operations management
Principles of managementHuman resource management
Computer application in ManagementBusiness research methodology
Communicative English: Laboratory 1Communicative English: Laboratory 2
Semester 3Semester 4
Strategic managementEntrepreneurship and management of innovations
Pharmaceutical management information systemManagement control system
AnatomyCorporate governance and business ethics
physiology and PharmacologyPharmaceutical advance human resource management
Legal aspects of Pharmaceutical businessPharmaceutical management research project
Pharmaceutical multinational managementPractical Work: Personality growth Lab 2
Personality growth Lab 1

What are Job Prospects and Career Options after MBA Pharmaceutical Management?

Global Executive MBA in Pharmaceutical Management at Ahmedabad University:  Placements, Fees, Admission & Eligibility

What is MBA Pharmaceutical Management?

MBA in Pharmaceutical Management is a 2-year postgraduate management degree course. This course aims at producing skilled professionals for managerial and related positions in the Pharmaceutical industry. 

For a student interested in pursuing an MBA after a BPharma degree, there are plenty of career opportunities available in the market. Here is all that you need to know before opting for a career in Pharmaceutical Management.

Pharmacy is an interesting field that promises good career opportunities to a student. After completing a Bachelor of Pharmacy (Pharma) course, a student can look for job opportunities in the pharmaceutical industry and also becomes eligible to pursue a career as a Pharmacist. The government sector also has job opportunities for pharmacy graduates, including posts of Drug Inspector.

However, the growth can get a bit limited after completing just a bachelor’s degree and students start feeling the need to explore their options after a BPharma course. Students who wish to go for higher education after BPharma have two options that they can look into. Either they can go for the PG option in Pharmacy i.e. Master of Pharmacy (MPharma) course or they can go for a Master of Business Administration (MBA) degree. In this article, we explore the option of MBA after BPharmacy course.

MBA after BPharma

MBA is a good choice of course after a student has completed BPharma. Many students are interested in going for an MBA after they have completed their BPharma degree. Many industries are on the lookout for skilled managers to assist in the operations and plan for the growth of the firm.

Management professionals are essential for the pharmaceutical industry as well. An MBA degree helps pharmacy professionals to tap into this requirement and make a career in Pharmaceutical Management.

Why Pursue an MBA after BPharma

There are a number of reasons why going for an MBA after BPharma can prove to be a good choice for any management aspirant.

  • MBA is a versatile course and can widen your scope of finding career opportunities.
  • There is a high demand for MBA graduates in the private sector.
  • An MBA degree will help you break the glass ceiling and climb up the corporate ladder.
  • The managerial skills you will learn in an MBA course will make you a better administrator in the pharmaceutical industry.

These were some of the points why you should consider an MBA after having completed a BPharma degree course. However, it is also important that you select the right MBA specialization to stick to your chosen career path. Let’s see which are the best MBA streams for a BPharma graduate.

Which MBA Course to Choose after BPharma

BPharma graduates have two choices for pursuing an MBA after Pharma.

CourseDuration
MBA in Pharmaceutical Management or MBA Pharma2 years
MBA in Pharma Business Management
MBA in General Management or MBA (GM)
PGDM in Pharmaceutical Management1 – 2 years

Both of these courses are great choices after completing a BPharma degree. Before a candidate decides their choice of course it is important to understand the difference between an MBA (GM) and MBA Pharma.

What is the difference between MBA (GM) and MBA Pharma?

A General Management MBA course is, as its name suggests, a generalised course that imparts the skills and attributes required for the management and administration of any business or industry. The course includes the study of subjects such as finance, marketing, accounts, human resource etc.

The apple of the MBA Pharma doesn’t fall far from the tree of MBA (GM). Pharmaceutical Management is a branch of MBA that is designed to prepare professionals for managerial roles in the Pharma industry. The course is similar to General MBA except that it additionally provides a basic understanding of the Pharmaceutical Industry and the subjects are more restricted to the operations of a Pharma business or industry.

PGDM courses are very similar to MBA courses. However, the PGDM courses are much more deregulated as compared to MBA courses. Plus, only universities are eligible to provide an MBA degree in India, so the standalone institutes offer PGDM courses.

For experienced students as well as fresh graduates, both courses are good options to consider. For more information, students can check our article on General vs Specialized MBA, where we have explored this topic in detail.

Eligibility Criteria for MBA after BPharma

Any student interested in pursuing an MBA after BPharma must take note of the eligibility criteria for their MBA course. The details provided below cover all of the important aspects of the eligibility criteria for pursuing an MBA after BPharma degree.

  • The student must have completed their bachelor’s degree course, which in this case is BPharma.
  • The course must have been completed from a college recognized by the Pharmacy Council of India (PCI).
  • The student must have received passing marks in all of the subjects in their BPharma degree.
  • The student must have scored at least 45% – 50% aggregate marks in the BPharma course. The aggregate percentage required varies from college to college and it may be more than 50%.
  • In some courses and colleges, students may also be required to have some work experience to be considered eligible. This is mostly true for MBA courses designed for working professionals such as Part-Time MBA or Executive MBA courses.
    For eg. a minimum of 5 years of work experience is mandatory for Executive MBA courses.
  • Students will be required to qualify in one of the MBA entrance exams for admission. Different colleges may accept different entrance exams. Some of the popular exams include CAT, GMAT, CMAT, MAT, XAT etc.
  • Some colleges also offer Direct Admission to MBA without Entrance Exams.
  • Students may even be shortlisted to an MBA college on merit based on their marks in BPharma degree.

The MBA eligibility criteria are common across most of the colleges but there may be minor tweaks depending upon the course and college selected by the student. Therefore, it becomes important to check the detailed eligibility criteria specified by the course and college chosen by a student for pursuing MBA after BPharma.

MBA Pharmaceutical Management: What is it about?

Information and details about the MBA Pharmaceutical Management program are as follows.

  • The course aims at producing skilled professionals for managerial and related positions in the Pharmaceutical industry. 
  • This course imparts various necessary skills to the students like business development, sales and marketing, consultancy and planning and operation management.
  • MBA Pharmaceutical degree course revolves around the study of health and chemical sciences combined with management and marketing strategies.
  • The course touches various aspects of the Pharmaceutical industry like analysis, research, sales, consultation, administration and distribution. It incorporates various managerial and research skills and business strategies.
  • The areas of study within the course include research, communication, management, accounting, finance, pharmaceutical science, and several other aspects of the Pharmaceutical business.
  • The course deals with the theoretical as well as with the practical aspect of the subject. Apart from the theory papers, It is also supported by various assignments, presentations, quizzes and internships.

What are Job Prospects and Career Options after MBA Pharmaceutical Management?

  • MBA in Pharmaceutical Management comes with various jobs and career opportunities. Fresh graduates of the course can easily expect compensation of INR 3,00,000 to 10,00,000 annually. 
  • Over the past years, MBA in Pharmaceutical Management has become immensely popular among students. More and more students are pursuing this course. The course offers diverse career opportunities. This further affirms the immense popularity of the course among students. 
  • MBA in Pharmaceutical Management graduates are hired in various organizations like Ranbaxy Laboratories, Dabur India Ltd., Central WareHousing Corp., Infosys, Cipla, Abbott India, Lupin, Sun Pharma, Dr Reddy’s lab, Piramal etc.
  • Major job profiles available to such graduates are Pharmaceuticals Distributors, Pharmaceutical Purchase Manager, Quality Assurance Manager etc.

Some of the major MBA Pharmaceutical Management job profiles along with respective salary packages are mentioned below:

Job PositionsJob DescriptionAverage Annual Salary
Business Development ManagerA Business Development Manager develops business opportunities, initiates various business deals, negotiates sales initiatives and raises funds for various projects.INR 3,50,000
Market Researcher and Drug DeveloperThe main tasks include gathering and analysing information from the market and further developing useful drugs based on the results.INR 4,50,000
Sales ManagerA Sales Manager is responsible for meeting the daily sales target of any company. His main focus is on generating more revenue and managing the sales team.INR 4,00,000
Drug Distribution ManagerA Drug Distribution Manager looks after the storage and distribution of licenced drugs. He deals with various manufacturers, suppliers and retailers.INR 4,00,000
Pharmaceutical Purchase ManagerA Pharmaceutical Purchase Manager analyses the market and the distribution system to assess present and future material availability.INR 3,50,000
MBA in Canada: Top Colleges, Fees, Admission, Scholarships, Jobs, Salaries

What are the Future Scopes of MBA Pharmaceutical Management?

Apart from seeking jobs, another option for students is to pursue higher education. Some higher education options available to students are given below:

  • PhD: If one wishes to continue in the same field of education, the first program of choice is a PhD Pharmaceutics. It is a three-year course and the eligibility criteria include having a Master’s degree in Pharmaceutics. Students can pursue PhD in any of the related fields. 
  • Students can also participate in the Fellow Programme in Management (equivalent to PhD) conducted by all the IIMs on completion of this course. 
  • Competitive examinations: Another route that postgraduates can opt to go for is to prepare for competitive examinations. Examinations that are meant for job opportunities in Government sector organizations are most popular. Students will be able to get to the highest paid jobs in this sector. 

MBA Programs in Healthcare / Pharma / Biotech – Canada

1 York University – Schulich School of Business Toronto, Canada 74 Followers 106 Discussions

Full-Time: MBA, International MBA (IMBA), MBA (in India)

Part-Time: MBA

Executive MBA: Executive MBA more…

Dual Degree: MBA / JD, MBA / MFA / MA more…

2 University of Calgary – Haskayne School of Business Calgary, Canada 29 Followers 35 Discussions

Full-Time: Daytime MBA, Haskayne Thesis MBA

Part-Time: Evening MBA

Executive MBA: Haskayne Executive MBA, Global Energy Executive MBA

Dual Degree: MBA / MBT (Master of Biomedical Technology), MBA / JD, MBA / MD (Doctor of Medicine), MBA / MPP (Master of Public Policy), MBA / MPlan (Mast…

3 University of Toronto – Joseph L. Rotman School of Management Toronto, Canada 73 Followers 106 Discussions

Full-Time: MBA

Part-Time: Morning & Evening MBA

Executive MBA: One-Year Executive MBA, Global Executive MBA, Global Executive MBA for Healthcare and the Life Sciences

Dual Degree: Jeffrey Skoll BASc / MBA, MBA / PharmD, MBA / JD, MBA / Master of Global Affairs, Collaborative Program in Asia Pacific Studies

4 Simon Fraser University – Beedie School of Business Vancouver, Canada 21 Followers 36 Discussions

Full-Time: MBA

Part-Time: MBA, MBA (Management of Technology)

Executive MBA: Executive MBA, Executive MBA in Indigenous Business and Leadership

5 McMaster University – DeGroote School of Business Burlington, Canada 16 Followers 34 Discussions

Full-Time: MBA, Co-op MBA, Accelerated MBA

Part-Time: Blended Learning Part-Time Program

Executive MBA: Executive MBA in Digital Transformation

6 Université Laval Québec City, Canada 6 Followers 5 Discussions

Full-Time: MBA, MBA with Options, MBA (Global Business), Specialized MBA

Part-Time: MBA in Management for Fiscal Frameworks

Executive MBA: Executive MBA

7 University of Alberta – School of Business Edmonton, Canada 48 Followers 52 Discussions

Full-Time: MBA, MBA (FastTrack)

Part-Time: MBA, MBA (FastTrack), MBA (Evening), Fort McMurray MBA in Natural Resources, Energy & Environment

Executive MBA: Alberta / Haskayne Executive MBA

Dual Degree: MBA / Master of Engineering, MBA / Master of Agriculture, MBA / JD, MBA / Master of Forestry, MBA / MD

8 Brock University – Goodman School of Business St. Catharines, Canada 20 Followers 21 Discussions

Full-Time: MBA, MBA (International Student Program)

Part-Time: MBA

Dual Degree: MBA / MPH, MBA / MIM, MBA / MSC

9 University of Saskatchewan – Edwards School of Business Saskatoon, Canada 6 Followers 7 Discussions

Full-Time: MBA

Part-Time: MBA

Dual Degree: JD/MBA, DVM/MBA, MD/MBA

10 University of Manitoba – Asper School of Business Winnipeg, Canada 15 Followers 16 Discussions

Full-Time: MBA

Part-Time: MBA

11 Athabasca University St. Albert, Canada 3 Followers 6 Discussions

Executive MBA: Online Executive MBA

Distance Learning: Accelerated Entry – Online Executive MBA, Online Executive MBA for Accountants, Executive MBA for the Business of Hockey, Executive MBA for…

Dual Degree: Online Executive MBA for Health Leaders

12 Queen’s University – The Stephen J.R. Smith School of Business Kingston, Canada 33 Followers 72 Discussions

Part-Time: MBA (Accelerated)

Executive MBA: Executive MBA, Executive MBA Americas

Dual Degree: MBA / Master of Finance, MBA / Master of Management Analytics, MBA / JD, MBA / MSc in Healthcare Quality, MBA / Master of Management in Arti…

mba in pharmaceutical management in canada fees

For an international applicant planning to study in Canada, the costs for studying can be widely distributed into three categories. These are pre-arrival costs, cost of study, and cost of living. The cost of studying or the tuition fee MS in Data Science in Canada varies from 11,600 USD to 33,000 USD.

Pre-arrival Costs

Given below is a table indicating the one-time major costs involved for an international student planning to study abroad.

Type of ExpenseCost (USD)
Program Application Fees76-136*
Visa Application Fees178**
Health Insurance10,000
IELTS Fees185-190
TOEFL Fees160-250
Airfare450-1400

*Depends on the university

**114 USD for a Canadian Study Permit and 64 USD is Biometric fees.

MBA in Canda Fees

The annual tuition fees for popular business schools in Canada for MBA are detailed above. However, it can be said that the tuition fees for the whole program range from 32,574 USD to 89,174 USD. This will mean that an Indian student will spend around 24,60,000 to 67,36,000 INR in total as the tuition fees for the program. When expected to spend such hefty amounts on tuition, the obvious question that arises is the rate on investment. Looking for MBA in Canada on a Budget? Find out details on Cheapest MBA in Canada for International Students

MBA in Canada Fees for Indian Students

UniversityTuition Fees
University of Toronto32,65,000 INR
McGill University25,61,000 INR
UWO64,53,000 INR
Queen’s University52,18,000 INR
York University28,58,000 INR
University of Alberta11,92,000 INR
University of British Columbia34,30,000 INR

Cheapest MBA in Canada for International Students

As the cost of pursuing MBA in Canada exceeds too much, finding a university that offers MBA at a cheaper price is bliss. Here are some of the universities that offer a cheaper MBA in Canada:

UniversityFees (USD)Fees (INR)
Memorial of University Newfoundland (2 years)9572~7 lakhs
University of Saskatchewan (2 years)4991~3 lakhs
Southern Alberta Institute of Technology (1 year)13,947~10 lakhs
Carleton University (1 years)10,977~8 Lakhs

Cost of Living in Canada 

The cost of accommodation, books & materials, transport, food & beverages, etc make up the cost of living for an international student. The cost of living in Canada may vary slightly depending upon the university and city the international student is living in. Basic living expenses are as follows:

Type of ExpenseCost (USD)
Books & Material1500/yr
Food & Beverage3000-5000/yr
Accommodations4,500-10,000/yr
Other Related Expenses78-163/month
Clothing40/month
Utilities400/month
Entertainment80-160/month

International applicants must not that the cost of accommodation in Canada will highly depend on the type of student accommodation opted for. 

MBA Scholarship in Canada

As the cost of study for an international student is cumbersome to support, international students look for scholarships available to study in Canada. Some of the popular scholarships to study MBA in Canada are detailed below:

ScholarshipAmount (CAD)Offered by
Women in Business Excellence AwardUp to 10,000Rotman School of Management
MBA Excellence AwardUp to 20,000Rotman School of Management
Global Business Leader of TomorrowUp to 10,000-15,00Sauder School of Business
Ivey MBA ScholarshipUp to 10,000Ivey Business School
MBA Entrance ScholarshipUp to 7500-11,500Haskayne School of Business
Scotibank ScholarshipsUp to 20,000Schulich School of Business
MBA Admission Awardup to 1000 to 10000DeGroote School of Business
MBA in-course & Entrance Scholarship500 to 1000DeGroote School of Business
Hardeep Grewal MBA Scholarship EndowmentVariableConcordia University

mba in pharmaceutical management salary in canada

Universities in Canada offer more than 55 MBA programs. The choice of specialization for studying in Canada should be made based on the job market, opportunities, and salary packages offered after course completion. Listed below are the top MBA specializations offered by Canadian B-schools.

SpecializationType of specializationAreas of function and studyAverage salary packageBest Universities in Canada
MBA in FinanceFunctionalFinancial management is a specialization that focuses on areas like financial management, accounting, money markets, capital, international finance, banking, and insurance. Students from commerce background and knowledge of accounting can go for an MBA in Finance.The average salary ranges between CAD 61,000 and 130,000 (INR 35,87,238-76,42,437) yearly after MBA in Finance.University of Alberta, University of Calgary, University of Toronto
MBA in Human ResourceFunctionalHuman Resource Management is a specialization that focuses on recruitment, employee engagement, staffing, retention, salary, performance appraisal and employee relations among others.The average salary ranges between CAD 89,000 and 169,000 (INR 52,32,121-99,33,871) yearly.University of Alberta, University of British Columbia, University of Toronto, McMaster University
MBA in OperationsFunctionalThe specialization deals with areas like improving productivity to deliver value to the end customer, turnaround time, cost, and quality.Average salary ranges between CAD 64,000 and 107,000 (INR 37,61,109-62,89,480) yearly.McGill University, University of British Columbia, University of Toronto, University of Concordia, Queen’s University
MBA in Information TechnologyFunctionalMBA in Information Technology revolves around programming, analytics, machine learning, artificial intelligence, and various technologies.Average salary ranges between CAD 95,000 and 212,000 (INR 55,85,075-1,24,63,535) yearly.University of Alberta, University of British Columbia, University of Toronto, University of Concordia, York University, McGill University
MBA in International BusinessFunctionalInternational Business involves various aspects of business all over the world. IB professionals are mainly into research of businesses across the world and determining their performance.Average salary ranges between CAD 99,000 and 113,000 (INR 58,18,539-66,44,523) yearly.University of Alberta, University of Toronto, University of British Columbia, University of Concordia, Queen’s University, York University, University of Montreal
MBA in MarketingFunctionalThe areas of work include selling, business development, revenue generation, leads, customer service, market research, techniques, and marketing strategies.Average salary ranges between CAD 89,000 and 95,000 (INR 52,33,297-55,85,607) yearly.Queen’s University, University of British Columbia, University of Alberta, University of Concordia, University of Toronto
MBA in logistics and supply chainFunctionalAreas like planning, implementing, controlling the flow and storage of goods and services between the point of origin and consumption are the focus.  Logistics and supply chain is a rewarding career with an average salary of CAD 65,000-89,000 (INR 38,21,731-52,33,448) yearly.University of Toronto, University of Alberta, University of British Columbia, University of Concordia, Queen’s University, York University, University of Montreal
MBA in HealthcareFunctionalIt is a fast-growing industry, and the scope is vast in the pharmaceutical and government healthcare sectors. Private sector offers equally rewarding opportunities.Average salary ranges between CAD 90,000 and 111,000 (INR 52,92,250-65,26,561) yearly.University of Toronto, Queen’s University, McGill University, University of Concordia, University of British Columbia
MBA Data ScienceFunctionalThe industry revolves around interpretation of data, researching data sources, processing data, and creating data models.   Average salary ranges between CAD 98,000-162,000 (INR 57,60,738-95,22,854) yearly.University of Montreal, University of Alberta, University of Toronto, University of Concordia, Queen’s University, York University, University of British Columbia

MBA in Canada Jobs

In Canada, international students who have completed a two-year master’s program from a Canadian University can automatically receive a three-year work permit for Canada. As the second-largest country on Earth, Canada opens a large number of doors for MBA students in terms of job opportunities in Canada. Some of these career opportunities are discussed below:-

  • Finance and Consulting:- The traditional employers of MBA, financial services firms, and consulting companies remain the major recruiters of MBA students. Hence, the majority of international students go for MBA in Finance in Canada.
  • SMEs:- Small and medium-sized enterprises are becoming one of the biggest hiring sectors of business school talent. MBA students who are specifically trained in the sector of management find this option as a great opportunity for learning and exposure.
  • Technology:- Living in the 21st century, technology has surpassed all the other sectors of the economy. Technology-based firms have always been the most enticing career choice for MBA students.

Some of the popular job destinations and their average salaries in Canada offered to MBA graduates in Canada are given below:

DesignationAverage Annual Salary (USD)
Business Development Manager182,000
General Manager180,000
Manager204,000
Project Manager138,000
Business Advisor141,000
Strategy Director200,000
Chief Financial Officer148,000
Executive Director80,000
Financial Analyst59,000
Marketing Manager46,000
Operations Manager61,000

Study MBA in Canada

An MBA in Canada is a 2-years degree program opening a world of lucrative career options. Master in Business Administration (MBA) degree from top business schools in Canada costs anywhere from 16,000 to 80,000 USD. For an Indian student, this will range between 11 Lakhs to 59 Lakhs (affected mostly by the choice of institution). These expenses can be cut to a minimum with the help of scholarships to study in Canada. 

If you wish to get admission to MBA in Canada, you will need to have at least 76% (or more) in your bachelor’s, IELTS score (7.0 or other test equivalents), GMAT scores (waivers available as an exception), and prior work experience (3-7 years). Though most of the top universities have GMAT and work experience as an integral eligibility criterion, there are many universities offering MBA without GMAT and MBA without work experience in Canada.

Home to over 100 higher education institutions and some of the top recruiters, Canada has spiked on the study abroad destination chart. The latest statistics suggest that the employment rate of MBA graduates in Canada has moved up considerably. You can earn as much as 80,000 to 200,000 USD annually with MBA jobs in Canada (~59 LPA to 1.4 Cr INR/yr).

Top MBA Colleges in Canada

Some of the best business schools in Canada rank globally amongst the QS top Global MBA Rankings (2021). International students can pursue a variety of MBA programs in Canada. The table below gives the duration of the full-time MBA programs. 

University NameBusiness School/Duration of ProgramTuition Fee(USD/year)Brochure
University of TorontoRotman School of Management (2 year)44,587Brochure
McGill UniversityDesautels Faculty of Management (1 year to 20 months)34,970Brochure
Queen’s UniversitySmith School of Business (1 year)71,250Brochure
University of Western OntarioIvey Business School (1 year)88,125Brochure
York UniversitySchulich School of Business (16-20 months)39,030Brochure
University of British ColumbiaSauder School of Business (16 months)46,835Brochure
University of AlbertaAlberta School of Business (20 months)16,287Brochure
Concordia UniversityJohn Molson School of Business (16 months)30,975Brochure
HEC MontrealDepartment of Business (1 year)36,750Brochure
Dalhousie UniversityRowe School of Business323,83Brochure
McMaster UniversityDeGroote School of Business (28 months)33,000Brochure
Brock UniversityGoodman School of Business (2 years)23,062Brochure
Simon Fraser UniversityBeedie School of Business (16 months)55,825Brochure
University of OttawaTelfer School of Management (1 year)51,000Brochure
Saint Mary’s UniversitySobey School of Business (16 months)43,000Brochure
Wilfrid Laurier UniversityLazaridis School of Business and Economics (1 year)11,553Brochure
University of VictoriaGustavson School of Business (2 years)30,076Brochure
University of CalgaryHaskayne School of Business (2 years)53,116Brochure
University of SaskatchewanEdwards School of Business (2 years)47,883Brochure
University of ManitobaAsper School of Business (2 years)27,919Brochure

As per Financial Times MBA Rankings 2021, only four business schools in Canada for MBA made it to the top 100. However, as per QS MBA rankings (2021), six business schools and universities in Canada make it to the top 100 list. An overall of 20 business schools from Canada made it to the top 200 rankings for Global MBA. Most graduates from top B-schools, like Schulich School of Business and McGill University, were offered jobs in Canada within three months. For Schulich, around 89% of the class was offered employment and 90% of McGill’s MBA graduates got their placement offers. 

Why Study MBA in Canada?

  • 11 Canadian universities made it to the top 200 universities for MBA globally, as per QS MBA Rankings (2021).  
  • A business degree in Canada is considered to be among top 10 subjects with the highest graduate salaries. Given below is a graph giving the average salaries of MBA graduates from top universities in Canada

Average MBA Salaries by University

  • Simpler Visa & Immigration Process:- Every student who has ever thought of studying abroad can not deny that the complex process of Visa and Immigration can be a huge discouragement. With immigration-friendly policies and an option for Indian students to get a faster visa is an added advantage for MBA aspirants. 
  • The financial services sector particularly stays strong in Canada, with a growth of around 11.6% in the span of 2007-2017. The opportunities to work in the sector are higher for an MBA graduate in Canada. 
  • With support towards SMEs and start-ups, the doors of entrepreneurship are always open for an MBA graduate in Canada.
Cheapest MBA in Canada for International Students

Types of MBA in Canada

There are several kinds of MBA degrees offered in Canada to suit the diverse interests and requirements of international students. Some of these are detailed below: 

Full-Time MBA

With an understanding of the diversity of the Canadian workforce, an MBA program prepares a student to enter the job market as a leader.

  • The duration of the program is usually two years and students can choose to study in full-time.
  • The program is best suited for a student who can devote their time solely to study.
  • Applicants are often required to appear for GMAT and language proficiency test scores to get admission with FT-MBA courses in Canada.

Part-time MBA

  • An MBA program of longer duration in comparison with FT-MBA but more suitable for working professionals looking for a degree alongside the work. 
  • The course duration is usually 3-6 years depending on the university you choose to study the course with.
  • The course is designed for students who are fresh graduates but cannot devote time to on-campus studies.

Executive MBA

  • Usually, the duration of the program is 13 months, where the return on investment is both personal and professional.
  • Designed for executives and those with a managerial level of experience looking to advance their education.
  • Often applicants are required to have at least 8-10 years of prior experience to get admissions with executive MBA courses in Canada.

Except for these, international students can also pursue Joint MBA degrees (a combination of pharmacy, law, engineering with global affairs) and Dual Degrees (MBA/JD or MBA/MFA/MA) available for studying in Canada. 

MBA Specializations in Canada

Some of the popular specializations to pursue when planning to study MBA from Canadian colleges are:

  • International MBA:- IMBA provides business insights from some of the world’s best professors and the opportunity to work with the world’s most renowned industry leaders. Apart from individual development, international students are exposed to global experiences such as international field study, global courses, integrated curriculum, etc. The duration of the international MBA in Canada is usually 20-28 months.
  • MBA in Finance: Dealing with different aspects of finance studies, MBA in Finance in Canada includes core courses like financial reporting & analysis, portfolio management, market finance, corporate finance, and more. MBA finance in Canada is usually 2-year long.  
  • MBA in HRM: MBA in human resource management specialization is available with only a handful of colleges. Focusing on people management, MBA HR in Canada trains applicants on the process of hiring, training, and managing employees in the organization. 

Apart from the above-mentioned streams, international applicants can also choose marketing, accounting, business analytics, hospitality management, digital marketing, tourism management, supply chain management, and many more streams to specialize in. 

MBA after B Pharmacy: Benefits, Universities & Salary - Leverage Edu

MBA in Canada Admission

International applicants planning to pursue an MBA from Canada must ensure that fulfill the basic requirements for the degree. You must be familiar with the basic application process of top MBA universities in Canada and their eligibility. Given below are some of the details which international students must be aware of when applying for an MBA in Canada. 

MBA in Canada without GMATLOR of MBASubmitting LORsSOP for MBA

Online Application:- Every university has its own application portal where candidates need to register and complete the application form. In some cases, you may be required to fill in the applications through the province-specific application portals, like OUAC/ApplyAlberta, etc. 

MBA in Canada Admissions Deadlines

The application deadlines for getting into MBA admission 2021 in Canada’s top colleges are discussed below:

UniversityUpcoming Deadline
University of TorontoApril 26, 2021
McGill UniversityApril 1, 2021
Queen’s UniversitySeptember 1, 2021
UWOApril 12, 2021
July 12, 2021
September 20, 2021
York UniversityApril 30, 2021
University of AlbertaApril 15, 2021 
University of British ColumbiaMay 4, 2021
Concordia UniversityJune 1, 2021 
HEC MontrealMarch 15 
Dalhousie UniversityJanuary 15
McMaster UniversityMarch 31

Application Fee:- Along with the completion of the online application, candidates must pay an application fee (in Canadian funds). This fee can be paid by credit card and is non-refundable when submitting the online application form.  

MBA in Canada Eligibility

International students must note that some important requirements that are to fulfilled for pursuing MBA in Canada include 4-year undergraduate degree, GMAT score, English language proficiency, and previous work experience. There are additional document requirements for MBA in Canada. The business school-specific eligibility for the MBA program in Canada and documents required are detailed in the sections below:

UniversityUG Degree RequirementLanguage Scores
Rotman School of Management8.0/10
7.5/10 (for IIT graduates)
IELTS: 7.0
TOEFL: 100
McGill UniversityRelevant bachelors degreeIELTS: 7.0
TOEFL: 100 (iBT)
600 (pBT)
Ivey Business SchoolRelevant UG degreeIELTS: 7.0
TOEFL: 100 (iBT)
Smith School of Business75% (B+ on grade scale)IELTS: 7.0
TOEFL: 96 (iBT)
Schulich School of BusinessUG degree (B+ grade)IELTS: 7.0
TOEFL: 100 (iBT)
Alberta School of Business80% or moreIELTS: 7.0
TOEFL: 100 (iBT)
Sauder School of BusinessB+ gradeIELTS: 7.0
TOEFL: 100 (iBT)
John Molson School of Business80% or moreTOEFL: 95
IELTS: 7.0
DeGroote School of BusinessB GradeTOEFL: 100
IELTS: 7.0

Average scores or experience is the one which was present in the previous class of MBA of the university. However, the required are the minimum scores or work experience required for pursuing MBA in Canada. 

MBA in Canada: GMAT Requirements

UniversityGMAT Score Required
UTorontoRequired- 550
Average- 669
McGill UniversityRequired- 550
Average- 660
UWORequired- 550
Average- 667
Queen’s UniversityRequired- 600
Average- 654
York UniversityRequired- 550
Average- 660
University of AlbertaRequired- 550
Average- 612
University of British ColumbiaRequired- 550
Average- 650
Concordia UniversityRequired- 580

MBA in Canada without GMAT

Most of the business schools in Canada for MBA ask for the submission of the Graduate Management Admissions Test (GMAT) scoresheet, based on which admission is granted. However, if you are an MBA aspirant who does not perform very well in tests, there is no need to worry. You are not completely out of luck. During admission decisions, students are evaluated on their analytical, decision-making, communication, and leadership skills through education and work experience.

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There are several top-notch Canadian universities accepting candidates without their GMAT scores as long as they meet certain other requirements. Some of these universities are the Schulich School of Business, York University, Queen’s University Smith School of Business, and many others

MBA in Canada: Work Experience Required

Top Universities offering MBA in Canada, require you to have work experience. The minimum requirements for top universities are:

UniversityWork Experience Required
University of TorontoRequired- 2
Average- 5
McGill UniversityRequired- 2 
Average- 5
UWORequired- 2
Average- 4.8
Queen’s UniversityRequired- 2
Average- 4.4
York UniversityRequired- 2
University of AlbertaRequired- 2
Average- 5.4
University of British ColumbiaRequired- 2
Average- 3 to 5
Concordia UniversityRequired- 2
Average- 6
McMaster UniversityAverage- 4

MBA in Canada without Work Experience

Though various business schools in Canada for MBA might not mandatorily ask for work experience as a part of the admissions process, the class profiles of these schools suggest that they prefer students with a work experience of as much as 3-4 years. You can still find some B-schools in Canada that will allow you to enter an MBA program without work experience. Some of these are:

  • New York Institute of Technology (Vancouver, BC): For MBA admissions you will require to submit a GMAT score and work experience is not required.
  • Thompson Rivers University:  Though the university prefers students with work experience, it is not mandatorily required for taking admission to the university.
  • Cape Brenton University:  To apply for the MBA program you need not have work experience. 
  • University of Windsor: Admission to the MBA program does not require previous work experience. 
  • Brock University: The university allows to you apply for MBA programs without previous experience. 

MBA Requirements in Canada

  • Transcripts:- To secure admission in Canada, international students need to submit scanned copies of all official transcripts through an online application portal. 
  • Resume:- Applicants must submit a one-page resume containing the details of their employment history. A well-made resume should have a record of the candidate’s academic qualifications presented in reverse chronological order. 
  • Letters of Recommendation/ Letters of Reference:- As a mandatory part of the admission process, students must submit at least two professional letters of recommendation. These letters must be directly from individuals who have been responsible for evaluating the candidate’s work performance and potential. 
  • Essays:- Writing a strong application essay can be the qualifying factor during the admission process. The idea behind it is to provide students with an opportunity to express themselves in formal prose. Students are asked to describe why should they be considered for the program. These essays are judged on the basis of their content, style, and tone.
  • Scores of exams required for studying in Canada include language proficiency scores and GMAT/GRE scores. International applicants from non-native English-speaking countries are required to submit these scores. 
  • Work Experience:- Most of the top universities admit candidates who have at least two years of full-time experience. 
  • Interview:- After a preliminary review of a candidate’s application, admitted students will be shortlisted for the interview process. Usually, for international students, the interview is conducted over Skype. 
  • To study MBA in Canada, it is compulsory for all international students to obtain a Canadian visa and study permit for the duration of their study. Unlike other countries such as US or UK, Canada’s visa policies are less complicated, transparent, and accessible for students. Applicants must receive a letter of acceptance from a Designated Learning Institute (DLI) which is applicable at the post-secondary level.
MBA in Canada: Top Colleges, Fees, Admission, Scholarships, Jobs, Salaries

Here is a sample SOP for MBA for your reference!

The best thing about these colleges is that they are located in Canada. In Canada, you will find some of the most beautiful places in the world. The weather there is beautiful and the people are friendly. You can study at any time of the year and not have to worry about the weather or anything else.It is a good idea to check with your local college to see if they offer any programs for students who want to pursue an MBA in pharmaceutical management colleges in Canada. Some colleges will have special programs for those who wish to study abroad and others will not. You should make sure that you know what type of program you are interested in before you decide on which college you want to attend. If you do not know what type of program you would like to pursue, then it might be better for you to look into one of the many online universities that offer this type of degree.

Many people think that this kind of degree is only available in large universities, but it is actually available at many different levels of education. If you have a college degree, then this may be a great way for you to earn an MBA while still working full-time. The amount of money that you can make with an MBA will depend on how much time and effort you put into

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