MBA in Canada - Best MBA Colleges in Canada for Indian Students


Meridean Overseas

Updated On 12 December 2023 & Read Time 7 minutes



Are you planning to choose Canada as your study-abroad destination for pursuing an MBA? If yes, then read this blog till the end, as it discusses all the pivotal details of MBA in Canada and the top MBA colleges in Canada.


Pursuing an MBA in Canada is an excellent option to pursue a professional higher studies degree abroad. It opens doors to several new opportunities, assists with job changes, fosters the growth of entrepreneurial abilities, and strengthens professional contacts.


However, as several universities have something distinctive to offer, the location of the degree programme is even more crucial. This blog provides all the details about fulfilling your dream of studying MBA in Canada. So, let us get started.


Top MBA Colleges in Canada

Are you looking for the best MBA colleges in Canada?


It is one of the most popular destinations among international students, providing good quality education with well-recognised degrees. This is mainly attributable to an outstanding track record of academic offerings from Canada's leading universities.


To save you time and effort in choosing the best university, we have sorted out the Top 10 Universities in the country.


Desautels Faculty of Management

Desautels Faculty of Management is a college under McGill University located in Montreal and is one of the prestigious universities offering several different programs. The university understands the needs of the market and prepares students accordingly. Research, practice, and teaching are all blended into the DFM program through an interdisciplinary and integrated approach. McGill is the best college in Canada to pursue an MBA.


Course Duration: 12 Months

QS World University Ranking: #30


Rotman School of Management

The world is changing rapidly, and so does the ethics work. The Rotman School of Management is affiliated with the University of Toronto and provides Part-time,  Full-time, Joint and Executive MBA programs. It also allows you to get hands-on experience to learn and grow.


Course Duration: 20 Months

QS World University Ranking: #21


Sauder School of Business

School is well-known for its academics and teaching methods at the University of British Columbia Sauder School of Business. They encourage students to work on global platforms and enhance their leadership skills. MBA in Canada opens doors to various unique opportunities on a worldwide level.


Course Duration: 16 Months

QS World University Ranking: #34


Alberta School of Business

Alberta School of Business, a subsidiary of the University of Alberta, is known for offering core MBA courses. They have the best faculty with a student counselling department. Along with this, the University of Alberta is best known for its research-intensive techniques and boasts award-winning researchers.


Course Duration: 20 Months

QS World University Ranking: #111


Smith School of Business

Smith is a college for MBA in Canada. It is a part of Queen’s University in Kingston that allows you to personalise the course per your career goals. The college offers two intakes, i.e. January and September, for full-time MBA courses. Also, they focus on improving your analytical as well as interpersonal skills.


Course Duration: 12 Months

QS World University Ranking: #209


HEC Montreal

It is a top B-school in Canada, offering a Global Immersion Program with the best placement record. HEC Montreal is well known for research in economics and finance. The university focuses on training you in organisational skills and helps you get internships and in-depth knowledge about the market situation.


Course Duration: 12 Months

QS World University Ranking: #141


Schulich School of Business

It is a school associated with York University in Toronto. It offers flexibility in switching between full-time and part-time MBA courses. They teach students to solve real-world problems, and they have on-campus accommodations. Further, the Schulich School of Business has a vast network of alumni, which also helps students build strong connections in the field.


Course Duration: 12 Months

QS World University Ranking: #353


Ivey Business School

The IBS is the best college for an MBA in Canada, with the highest rating. Students must pass the GMAT exam to get admission to Ivey Business School. It uses the case study method to teach students and give them real-life situations, preparing them to make decisions and take on leadership roles.


Course Duration: 12 Months

QS World University Ranking: #114


John Molson School of Business

John Molson School of Business is in Montreal and is part of Concordia University. The university arranges college fairs to help students find potential employers. The college tops the list in Montreal and is in fourth position in Canada.  Also, it has an excellent academic record and is accredited by the Association to Advance Collegiate Schools of Business (AACSB).


Course Duration: 20 Months

QS World University Ranking: #387


DeGroote School of Business

DeGroote School of Business is associated with McMaster University and ranked among the top 3 research-intensive institutes in Canada. The best college for an MBA in Canada has an innovative approach towards teaching and improving critical thinking skills that help young minds grow.


Course Duration: 20 Months

QS World University Ranking: #189 


MBA in Canada Cost (fees)

There is a wide range of specialisations available in management programs. Many top universities in Canada are offering top-notch MBA courses to international students. Therefore, if you wish to study at the best universities for an MBA in Canada, here is a guide that familiarises you with the financial aspects of the best universities in Canada for an MBA.

MBA in Canada Cost

University Name

Cost (CAD)

Desautels Faculty of Management


Rotman School of Management


Sauder School of Business


Alberta School of Business


Smith School of Business


HEC Montreal


Schulich School of Business


Ivey Business School


John Molson School of Business


DeGroote School of Business


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Scholarships to Study MBA in Canada

MBA in Canada can be expensive, and financial constraints often hinder students’ plans to study in Canada. However, you can get financial aid through scholarships to study in Canada, which will ease the burden and bear some of your expenses. Here, we have listed the best scholarships available in the country for international students in some top-notch colleges.


University Name


Entrepreneurship Fellowship

Ivey Business School

CAD 40,000

Alberta Graduate Excellence Scholarship

Alberta School of Business

CAD 12,000

Forte Fellowship Awards

Rotman School of Management

CAD 10,000 to CAD 25,000

UBC Sauder scholarships and awards

Sauder School of Business

CAD 10,000 to CAD 60,000

Laurentian Bank MBA Leadership Award

Desautels Faculty Of Management

CAD 4,000

Robert Krembil Scholarship of Merit

Schulich School of Business

CAD 80,000

General entrance scholarship

Smith School of Business

CAD 10,000 to CAD 70,000


 In summary, Canada hosts some of the best MBA colleges worldwide, affordable to most students looking for global exposure. MBA in Canada not only offers good quality education but also job opportunities on a global level. The cost of an MBA varies from college to college, and so do the scholarship options. Some colleges provide scholarships that cover the cost partially. On the other hand, some scholarships cover the total cost. Choosing the right university is an essential step towards a successful career in the business world.


Moreover, students who wish to study MBA in Canada and are looking for more details can contact our expert educational counsellors at any Meridean Overseas Education Consultants (MOEC) branch. Our expert consultant for study in Canada will provide you with the best guidance and support you need to be admitted to the top intakes in Canada in 2023-24. They will also help you with the visa process. Moreover, the students can also take free online counselling through our website. For more information or queries, mail us at or 1800-1230-00011.



  Q. Is an MBA in Canada suitable for Indian Students?

A: Pursuing an MBA in Canada is fulfilling personally and professionally when considering seeking education abroad. It provides a globally recognised degree and access to the Canadian job market.


Q: What is the salary after pursuing an MBA in Canada?

A: Canada is a hub for MBA students and business professionals that attracts students worldwide. It is popular because Canada offers abundant opportunities for getting a high-paying job. The average annual salary for MBA students is $70,373, which in INR is 43,20,465.


Q: What are the requirements to pursue an MBA in Canada?

A: 1. Previous work experience.

2. GMAT score.

3. English proficiency tests, i.e., IELTS and TOEFL. 

4. Statement of purpose.

5. 2 Letters of Recommendation

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