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top business schools in canada

Last Updated on August 12, 2023 by Oluwajuwon Alvina

Thinking about doing an MBA in Canada? Many international students find that Canada — with its strong and varied industries across the country — is a great place to do their MBA. It doesn’t hurt that Canada’s post-MBA visa policies are among the most liberal in the world. This means that many students who do their MBA in Canada can and do stay to work in country for at least a couple of years after graduating. Popular destinations for international MBA students range from Toronto, the country’s financial center, to the west coast, where the oil and gas industry is prominent. Some students might also consider doing their MBA in Québec, the country’s French-speaking province.

That’s not to say that the best MBA programs in Canada can’t be found all across the country. The programs below can be found in several different provinces.

In terms of reputation, these degrees are up there with the best: Canadian MBA programs are increasingly showing up on international rankings. Many of the top business schools in the country now publish post-MBA career statistics, so that potential applicants can get a sense of the average salaries and other indicators.  

Although, at least compared to the country’s neighbor to the south, there aren’t that many business schools in Canada offering MBA programs, there are indeed a handful of world-class offerings. Among the several dozen or so business schools in the country, fewer than 30 are accredited by AACSB, AMBA, or EQUIS; the following is a list of the best MBA programs in Canada.McGill University – Desautels Faculty of ManagementMontréal, Canada 

Ranked by Businessweek, many of McGill’s grads go into industries that are traditionally popular with MBAs, such as finance and strategy consulting, both in Montréal and across Canada. However, an increasing number are leveraging their degree to go into technology companies and even start their own businesses. View School ProfileQueen’s University – The Stephen J.R. Smith School of BusinessKingston, Canada

Businessweek ranks the school higher than any other MBA in Canada in its full-time, non-US MBA ranking. Midway between Toronto and Montréal and right on the US/Canada border, the school’s location provides various networking options. Students can choose from a variety of MBA concentrations, including Consulting, Finance, and Healthcare Management, among others. View School ProfileUniversity of Western Ontario – Richard Ivey School of BusinessLondon, Canada 

Since it can be completed in one year, Ivey’s MBA program is popular with time-crunched students. The program is ranked by the Financial Times, Businessweek, and The Economist. Ivey has strong MBA placements in financial services and consulting, across Canada. View School ProfileUniversity of British Columbia (UBC) – Sauder School of BusinessVancouver, Canada

For sustainability-minded students, this west-coast business school is a good choice: it has been ranked in the “Global Green MBA” listing from Corporate Knights magazine. It has also been ranked in more traditional MBA listings, such as the Financial Times’ Global MBA rankings. MBA students often find work in Vancouver’s technology sector.

A business school is a university-level institution that awards degrees in business administration or management. According to Kaplan, business schools are “educational institutions specialized in courses and programs related to business and/or administration”.

Truly, Business schools enjoy extensive coverage in print and digital media, including popular business magazines and magazines, countless ratings, as well as blogs and books.

Although the coverage is largely positive, business schools are also subject to much criticism. But I find value in most writings about business schools, whether positive or negative. In all articles, I find pieces of truth and valuable information about unmet needs and pain points. In truth, I am grateful to those who take the time to think about business studies and make comments to the public. But there is a problematic side to all the coverage of business schools. Much of this tends to perpetuate common misconceptions and can be misleading for policymakers. Especially for those who are not yet familiar with the sector (eg potential students). However, positive or negative information, poorly designed or presented in business schools can be harmful.

Here are basically three simple observations. Based on my experience of working closely with hundreds of business schools around the world for almost two decades. For this purpose offering an alternative perspective on the most common representations of business schools.

As a student in a business school, you will equally learn to equate academic theories with real-world problems. Business schools encourage students to become smart, professional decision-makers who can easily handle uncertainty, risk, and change.

What to Expect in Business School

The b-school program is difficult and the students have to work hard to follow. But the bottom line is that the goal of every business student usually is to get a stimulating and well-paid job after graduation. So, for most people, getting perfect grades is not as important as connecting with peers, teachers, and executives that will be useful later on.

What Are the Requirements To Get into a Business School?

The Master of Business Administration (MBA) is one of the most interesting courses that offer a range of career opportunities to students across the globe. The MBA degree helps build a deep understanding of various aspects of management, its real-life applications, and experiential knowledge that throbs students to discover practical business solutions.

To get admission into an MBA program in Canada, you need to fulfill the conditions that include:

  • 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

Business schools in Canada offer some of the best programs replete with courses that will help your business intelligence.

#1. Sauder School of Business – University of British Columbia

The UBC Sauder Business School offers undergraduate and graduate programs to approximately 4,000 students.
The school is located in the city of Vancouver, on the Point Gray campus at the UBC. UBC Sauder offers a global business perspective through rigorous and relevant education.

The school offers a large number of opportunities for international studies, from semesters abroad to business development workshops in destinations such as China and Kenya, among others. UBC Sauder has been involved in research with specialized research centers that focus on social innovation, impact investing, urban economics and more.

Sauder School of Business Fees
Undergraduate tuition and fees: Out-of-state tuition: 42,179 CAD, International tuition: 52,541 CAD.

Sauder School of Business Ranking

The UBC MBA program at the Robert H. Lee GraduateSchool is ranked in the world’s top 50 Global Elite Quadrant for employability and research excellence. In the Times Higher Education World University Rankings 2016-2017, UBC is ranked 1st in Canada and 19th globally for business and economics studies.

#2. Schulich School of Business – York University

The Schulich School of Business is the business school of York University located in Toronto, Ontario, Canada.
Schulich offers undergraduate, graduate and postgraduate business degrees that lead to careers in the private, public and nonprofit sectors.

Also, has more than 29,000 alumni working in approximately 90 countries. Schulich pioneered Canada’s first International MBA (IMBA) and International BBA (IBBA) degrees. As well as North America’s first cross-border executive MBA degree, the Kellogg-Schulich Executive MBA. This is one of the best MBA schools in Canada.

Schulich School of Business Ranking

The Schulich is ranked among the leading business schools in the world and #1 in Canada. Schulich School of Business is ranking 8th in the 2017 International MBA ranking, by Forbes and 1st in Canada. This is the Schulich School of Business Global ranking.Visit Website

#3. Ivey Business School – Western University

Ivey Business School, generally abbreviated as Ivey, is the business school of the University of Western Ontario in London, Ontario, Canada. According to Bloomberg, Ivey was the best business school in Canada in 2017.
The Ivey School of Business at Western University is widely regarded as the most prestigious business school in Canada and one of the best in the world.

Based on extensive research and professional experience, Ivey provides students with the knowledge and skills to confront the challenges and opportunities of corporate leadership with confidence. Ivey offers undergraduate and graduate programs, as well as executive education programs on campuses in London, Ontario, Toronto and Hong Kong. This is one of the best MBA schools in Canada.

Ivey School of Business Programs

The Ivey Business School offers a number of programs and degrees, which includes; Honors in Business Administration, Master of Business Administration, Master of Science in Management, PhD, Pre-HBA Undergraduate Courses
This is one of the best undergraduate business schools in Canada and the best Masters business schools in Canada.

#4. Desautels Faculty of Management – McGill University

The Desautels School of Management is a faculty of McGill University. The faculty offers a range of undergraduate business programs and graduate students, including a Bachelor of Commerce, a Master of Business Administration and PhD in Philosophy and teaching management facilities in Montreal (Quebec), Canada and Tokyo (Japan).

The Faculty also offers a joint MD / MBA with the Faculty of Medicine and a joint MBA / Law program at the Faculty of Law. While it may be true, this is one of the best MBA schools in Canada.

McGill University Business School Ranking

The Desautels MBA program is ranked 2nd in Canada and 87th in the world by the 2019 Financial Times Global MBA Ranking—one of only three Canadian schools that made the list.

McGill University Business School Undergraduate programs

Undergraduate students can participate in an exchange at more than 70 different universities around the world and the Faculty offers an international summer program for university students visiting from other universities. Students from other McGill graduate schools may choose to take courses or complete a minor in Desautels.

McGill University Business School Graduate Programs
Graduate in business administration programs includes Master of Business Administration, a Ph.D. in management and other programs. The faculty also offers joint programs with the faculties of Law and Medicine.

McGill University Business School MBA Programs

The full-time MBA is a two-year program. Students can focus on the areas of finance, marketing, strategy and innovation, analysis and choose more than 50 elective courses. There are also other programs not included here but can be found in the McGill University Business School official site.Visit Website

#5. Joseph L. Rotman School of Management – University of  Toronto

The Joseph L. Rotman School of Management, known as the Rotman School of Management, is a graduate business school at the University of Toronto in downtown Toronto. The school offers undergraduate, graduate and doctoral programs in business administration, finance, and commerce, including full-time, part-time and executive MBA programs.
As well as a graduate program including Master of Finance, Master of Management Analysis, Graduate Diploma in Professional Accounting and Doctoral Program, Rotman Ph.D.
This Joseph L. Rotman School of Management is regarded as one of the best MBA universities/schools in Canada.

Rotman School of Management Ranking

In the Financial Times 2013 Financial Times ranking, Rotman ranked first in Canada, ranked 20th in North America and 46th in the world. Rotman’s EMBA program ranked second in Canada. Also, Rotman has been ranked as the best business school in Canada in recent decades.

In the 2017 ranking of the Financial Times MBA programs, Rotman ranked first in Canada.
The Rotman MBA program was ranked 60th in the 2016 MBA world ranking by the Financial Times magazine.
Furthermore, in the Financial Times ranking of the MBA programs in 2018, Rotman ranked second in Canada. And also ranking 86th in the general ranking, losing 21 times more than the Desautels School of Management. For this reason, making Rotman be behind the Schulich School of Business at York University and the Desautels School of Management at McGill University.

Rotman School of Management Undergraduate Program
The Rotman Commerce (formerly Commerce) is an undergraduate program jointly administered by the Faculty of Arts and Sciences of the University of Toronto and the Rotman School of Management.

Rotman School of Management Graduate Programs

The graduate programs offer degrees in Rotman Full-Time MBA, Morning/Evening MBA, Master of Finance, Executive MBA programs.

Rotman School of Management Doctoral Programs

The doctoral program offers degrees in Accounting, Business Economics, Finance, Marketing, Operations Management, Organizational Behavior, and Human Resources Management and Strategic Management. A joint degree in administration and economics is also proposed (Master in Financial Economics).Visit Website

#6. Alberta School of Business – University of Alberta

The Alberta School of Business at the University of Alberta is located in Edmonton, Alberta, Canada. Founded in 1916, it is a publicly funded institution focused on research. The Financial Times of London has ranked it consistently among the 50 best universities.

“The Alberta School of Business is one of the world’s leading business education and research institutions.”
The first and oldest accredited business school in Canada, the Alberta School of Business at the University of Alberta embodies the spirit of making of risks and the hard work that defines our province: For more than a century, innovation, entrepreneurship and the leadership of school alumni have strengthened businesses and communities around the world. “

Alberta School of Business MBA Fees
Undergraduate tuition and fees: Domestic tuition: 5,320.8 CAD, International tuition: 20,395.2 CAD.

Alberta School of Business Ranking

2019 Maclean’s Best Business Universities in Canada Ranked Alberta School of Business the #4th. And also 2018 QS Global MBA Rankings: Canada Ranked Alberta School of Business the #8 Equally, Shanghai Academic Subject 2018 Rankings: Business Administration Ranked Alberta School of Business the #17 (Globally). While in the Financial Times 2018: Executive Education (Open Enrolment) Ranked Alberta School of Business the #55 (Globally)

In addition, 2018 Financial Times: Executive Education (Custom Programs) Ranked Alberta School of Business the #72 (Globally). And finally, Bloomberg Businessweek Best B-Schools 2018 Ranked Alberta School of Business the #108 (Globally)

Alberta School of Business Program

The Alberta School of Business offers undergraduate, master’s and doctoral programs, as well as continuing education and lifelong learning programs. A master’s degree in financial management was introduced in September 2011.

The Alberta MBA program offers specializations in finance, international trade, public policy and management, natural resources, energy and environment, and technology commercialization. The Alberta MBA was ranked third in Canada for corporate social responsibility by the Corporate Knights magazine.

The Bachelor of Commerce program offers five undergraduate offers, which include BCom-Coop and BCom Bilingual. And degrees in AccountingEconomics and Commercial Law, Business Studies, Decision and Information Systems, Distribution Management. As well as a degree in East Asian StudiesEntrepreneurship, information management systems, management and organization, marketing, operations management, as well as retail and services.Visit Website

#7. HEC Montréal Business School | Montréal, Québec, Canada

HEC Montreal is a Canadian business school located in Montreal, Canada. Founded in 1907, HEC Montréal is the business school of the University of Montreal. It is recognized as the first management school established in Canada.
The business school offers undergraduate, graduate and postgraduate programs, which include a Bachelor of Business Administration, a Master of Science in Management, a Master of Business Administration, and a Ph.D. the administration. more to an Executive MBA program joint with McGill University.

HEC Montréal Ranking

HEC Montréal ranked first among Canadian business schools for its MBA program by Canadian Business in 2016. And also ranked 17th in the world by business schools outside the non-US from Forbes.
Equally, ranked 1ST in QUEBEC, 4TH in Canada and 54TH in the World. Also, KUBS Worldwide Business Research Rankings (2016). In addition, 5 Palmes of Excellence – the highest score ever in Eduniversal international ranking (2017). And finally among the 30 best international business schools by Bloomberg BusinessWeek in 2015.

Programs and Training

The HEC Montréal Business School offers a number of programs and degrees, which includes: Bachelor of Business Administration (BBA), Professional Certificates. As well as Master of Science in Administration (MSc), Professional Masters, Masters in International Arts Management (in English), MBA and much more. They equally have a platform for online courses.Visit Website

#8. Smith School of Business – Queen’s University

The Stephen J. R. Smith Business School or the Smith Business School is a business school located at Queen’s University in Kingston, Ontario, Canada. The school offers undergraduate and graduate programs at Queen’s University but is administered separately with its own director and budget.

The Stephen J. R. Smith Business School or the Smith Business School (formerly known as the Queen’s Business School) is a business school located at Queen’s University in Kingston, Ontario, Canada. The school offers undergraduate and graduate programs at Queen’s University but is administered separately with its own director and budget. This business school can be regarded as one of the best MBA universities/schools in Canada.

Queen’s University Smith Business School Ranking
Basically, Environics ranked the queen’s full-time MBA program number one in Canada in 2006 in its report on executive education in Canada.

In the 2012 Report of the QS Global Business Schools 200, the school was ranked as the third best business school in Canada. As well as the 16th best business school in North America.
In addition, in the Financial Times ranking in 2017, Queen’s MBA ranks 50th in the world. And in the Economist ranking of 2018, Queen’s MBA ranks 88th in the world.

Smith School of Business for Undergraduate

The undergraduate program offers students extracurricular options in the areas of consulting, accounting, marketing, and finance.

Smith School of Business for Graduate
Full-time MBA

The Queen’s full-time MBA program (formerly Queen’s Science and Technology MBA) occupied the first full-time MBA program in Canada. And the first outside the United States according to the biannual Business Week ranking in 2004, 2006 and 2008.

Accelerated MBA for business graduates

Queen’s accelerated full-time business graduation program is one of the best MBA programs in Canada for undergraduate business graduates. The program lasts 12 months and the admission decision depends on the candidate’s progressive work experience. As well as the academic training in Undergraduate Business Studies, GMAT and a personal interview.

Executive MBA

Queen’s Executive MBA program has been ranked among the best in Canada for executive MBA programs by BusinessWeek and Environics. The program lasts 16 months and the admission decision depends on the candidate’s management experience. As well as references, previous academic experience, QMAT scores (or GMAT) and a personal interview.Visit Website

#9. DeGroote School of Business – McMaster University

The DeGroote Business School at McMaster offers a variety of undergraduate programs that include Bachelor of Commerce, Bachelor of Commerce, MBA and Doctoral Programs, Executive Development and International Exchange.

The school Commerce Internship Program offers students the opportunity to work for 12 to 16 months. In addition to internship opportunities, undergraduate programs include professional certification.

A student enrolled in the Honours Bachelor of Commerce Program may apply to become an Authorized Professional Accountant (CPA) and a Certified Professional in Human Resources (CHRP).

DeGroote School of Business Programs

The school offers the following undergraduate programs such as Undergraduate Commerce and Integrated Business and Humanities.
The DeGroote School of Business also offers MBA and EMBA Programs such as MBA Program and Executive MBA in Digital Transformation Program.
They also offer Graduate Programs such as PhD Program in Business Administration and Health Policy PhD Program.Visit Website

#10. John Molson School of Business – Concordia University

The John Molson School of Business is a business school located in Montreal, Quebec, Canada. JMSB was created in 1974 by the University of Concordia. This is one of the best MBA universities/schools in Canada.

John Molson School of Business Fees

John Molson School of Business Tuition fees Includes:
Quebec residents $6,800
Canadian, non-Quebec $11,900
International students $26,400

John Molson School of Business – Concordia University Ranking

QS ranks the John Molson EMBA #77 in the world. John Molson EMBA has placed 77th in the world in the Executive MBA category of the 2019 QS World University Rankings.

John Molson School of Business Undergraduate programs

The Undergraduate programs offer degrees such as Bachelor of Administration, Bachelor of Commerce and many more.

John Molson School of Business Graduate Diploma Programs

The Graduate Diploma programs offer degrees such as Business Administration, Chartered Accountancy, Investment Management

John Molson School of Business Graduate Certificate Programs
The Graduate Certificate programs offer degrees such as Business Administration, Management Accounting

John Molson School of Business Postgraduate Programs
The Graduate Certificate programs offer degrees such as Master of Science in Management (Msc), MBA, Master of Science in Marketing (Msc), PhD in Business Administration. As well as MBA in Investment Management, Master of Science in Finance (Msc), Executive MBA, Master of Supply Chain Management (MSCM).Visit Website

#11. Telfer School of Management – University of Ottawa

The Telfer School of Management is a business school located at the University of Ottawa in Ottawa, Ontario, Canada. The school was named in honor of a university student, Ian Telfer, who made an important donation to the University of Ottawa.

Telfer School of Management MBA Fees

Telfer MHA tuition fees are highly competitive. The total cost of the Intensive option (4 terms) of the Telfer MHA is roughly $31,600 for students who are Canadians or permanent residents of Canada and roughly $53,000 for international students.

Telfer School of Management University of Ottawa Ranking

In the 2016 Global Ranking of the ReportED Business School, Telfer’s School of Management ranked 70th in the world and sixth in Canadian universities for its MBA program.
The Global Survey of EMBA programs conducted by the Financial Times in 2004 rated the Executive MBA of the U of O ranked 65 out of 220 worldwide. In the 2017 ranking, the university ranked 87th among the top 90 EMBA programs.

The Telfer School of Management has also been ranked among the Top 150 Business Schools of the Financial Times in the last four years.

Study Programs

The school offers a series of undergraduate and graduate programs. The undergraduate programs include the following: Accounting, GIS, E-Commerce, Entrepreneurship, Finance. As well as Human Resources Management, International Business, Management, and Marketing, all of which leads to a bachelor’s degree in Commerce.

The graduate programs include the Master of Business Administration (MBA), Joint Option of MBA-LLB, Master of Business Administration (EMBA). As well as Master of Science in Administration, Master of Health Systems and Master of Science in health administration (MHA).

The school also offers interdisciplinary graduate programs: Master’s Degree in Engineering Administration, Electronic Commerce and Electronic Commerce and Systems Sciences.Visit Website

#12. Sobey School of Business – Saint Mary’s University

The Sobey Business School is the business school of Saint Mary’s University, located in Halifax, Nova Scotia, Canada. Originally established in 1934 as a trade faculty at the University of Saint Mary, this program was one of the first management programs in Canada.

Sobey School of Business MBA Fees

The all-inclusive tuition fee for the Sobey School of Business Executive MBA for the 2019 – 2020 academic year is $52,000 (domestic). And it includes $4,000 credit towards a (7-12 day) International Trade Mission. All course materials and books.

Sobey School of Business Ranking

Quacquarelli Symonds (QS) ranked Sobey’s MBA program as one of the top ten in Canada.
Corporate Knights were ranked in the 8th Sobey MBA in the world in its best MBA World Rankings (2018), placing Sobey above MIT, Harvard and Stanford. The Canadian companies ranked Sobey MBA eighth in Canada and the best in the Canadian Atlantic in 2015.

Sobey School of Business Undergraduate Degree Programs

The Sobey School of Business offers a range of business degrees, starting with a Bachelor of Commerce with 10 major options or specializations. Such as Accounting, Computing and Information Systems, Economics, Entrepreneurship, Finance, General Business Studies (Custom-Design).

As well as Global Business Management, Honors Economics, Human Resource Management, and Industrial Relations, Management, Marketing. They also have a Certificate Programs like Human Resource Management.

Sobey School of Business Graduate Programs

The Sobey School of Business offers graduate and doctorate level programs, including
Ph.D. in Business Administration
Master in Finance
The MBA program with focus areas in Finance; Management Consulting; Entrepreneurship, Social Enterprise, and Sustainability; Marketing.
Master of Applied Economics
MBA (CPA Stream)
Master of Management, Co-operatives and Credit Unions
Graduate Diploma in Co-operative Management
Master of Technology Entrepreneurship and InnovationVisit Website

#13. Goodman School of Business – Brock University

The Goodman School of Business is the business school of Brock University in St. Catharines, Ontario, Canada. The business school offers undergraduate and graduate programs.

Goodman School of Business Fees
Undergraduate tuition and fees: 5,886.05 USD (2011), International tuition: 14,723.3 USD (2011)

Goodman School of Business Ranking

The 2013 Globe and Mail Academic Bulletin, a national survey on student satisfaction, gave Brock University the following qualifications in the medium-sized university category:
The most satisfied students: B + (4th in Canada)
The atmosphere of the campus: A- (4th in Canada)
School Board: B + (2nd in Canada)

Goodman School of Business Programs

The Undergraduate Programs of the Goodman School of Business includes Business Administration (BBA), Accounting (BAcc), Dual Degree Program.
The Graduate programs f the Goodman School of Business includes Master of Business Administration (MBA), Master of Accountancy (MAcc), Master of Science in Management (MSc)Visit Website

#14. Canadian Business College – Colleges in Toronto

The Canadian Business College is a private business school based in Ontario, Canada. Three campuses are located in Toronto, Scarborough, and Mississauga. The Canadian Business College was created by Mr. Mazher Jaffery, who served as Dean, President, and CEO until he sold the colleges.

In November 2012, the Canadian Business College began operating under new ownership, with John Nelson assuming the position of CEO until 2017.

Canadian Business College Ranking
The Business School is ranked 30 and 1198 in the world

Canadian Business College Programs

The Canadian Business College offers a variety of professional development programs and degrees, including Business, Law, Information Technology, Marketing, Medical Care, and Childcare.
Qualified Canadian students can apply for financial assistance through the Ontario Student Assistance Program (OSAP) or through the Second Career program. Students may also be eligible for scholarships, and private financing options.
Paralegal Program
Law Clerk Program
Accounting Program
Business Management ProgramVisit Website

#15. BCIT: School of Business

The BCIT Business School is a business school within the British Columbia Institute of Technology. In 1965, the Business School was founded and its campuses are located in Burnaby and in downtown Vancouver, British Columbia, Canada. The Council of Accreditation of Schools and Business Programs accredited programs.

“The BCIT Business School gives you the work experience you need to get the job you want.” With more than 100 programs and 300 courses, the BCIT Business School can help you improve your skills and business potential through study opportunities.”
This is one of the best MBA universities/schools in Canada.

BCIT Tuition and Fees

The BCIT programs typically consist of 10 to 15 courses per year – good value for your educational investment. Average tuition fee cost per year for a two-year diploma program is CAD $13,500 – CAD $19,500.

BCIT Business School Ranking

The BCIT Business School is ranked 31 in Canada and 726 in the world.

BCIT Business School Programs

The BCIT School of Business offers more than 130 references that can be completed full-time, part-time or online. The certificates are qualified in diplomas.


The Business School offers more than 20-degree programs that cover a wide range of specializations in the fields of business and media. The diplomas are completed in two years full time or courses per part-time course.


BCIT offers a bachelor’s degree in business administration and a bachelor’s degree in accounting. Students can obtain a bachelor’s degree in three years by completing a degree program and an additional year of business studies.


BCIT offers two graduate certificate programs. The Graduate Certificate in Business Administration is a one-year full-time program that is transferred to several international MBA programs. The Graduate Certificate in Analytics is completed in the afternoon for a period of one year.Visit Website