MBA in Canada - Top Universities, Courses, Fees & Scholarships

dummy
Meridean Overseas
Meridean Overseas

Updated On 28 January 2023 & Read Time 10 minutes

2.4k

MBA or Masters in Business Administrator is one of the most popular courses that almost every Indian student chooses nowadays. The course provides the most sought-career opportunities after getting a professional degree.

It is very important to do your course from top colleges abroad for more career options. But which country is best to study in MBA?

Well, after discussing with so many students who are studying abroad said that Canada is the best one for Masters’ study.

The Canadian government provides a great education system for international students. They offer a large number of specializations at top-ranked colleges.

So if you want to study MBA in Canada, then you should know everything about the course. This article provides a detailed analysis of the MBA in Canada, its course types, universities, specializations, fee, scholarships, etc. Check the information below.

 

Why Study MBA in Canada

International students always need help deciding where to study for a Masters in Business Administrator. This is the most significant early investment in their academic and professional careers.

Many factors influence the decision to choose the best MBA colleges in Canada. As most candidates select Canada for this course, what makes this country so attractive to overseas students?

 

Check the top reasons to study in Canada for MBA

  • It is an affordable country to study from all other countries.

  • It allows doing part-time work with graduate & post-graduate degrees.

  • You can get work permit in Canada in multi-national companies after the degree.

  •  All the top universities and colleges of Master in Business Administrator are here.

  • International students can find multi-cultures and interact with different people who come from 100+ different countries.

 

Important Highlights to Study MBA in Canada

 

Below are the key highlights to study in Canada for MBA Course.

Course Name

Master’s in Business Administrator

Country

Canada

Number of Colleges

40+

Top MBA Courses in Canada

Finance, HRM, IMBA

Exams Required to study

Yes (IELTS, TOFEL)(GMAT ,GRE)

Average Tuition Fee

60000 to 1 lakh CAD (Can Vary)

Eligibility

Bachelor degree

Scholarships

Available

Types of MBA in Canada

 

Majorly there are 3 types of MBA degrees –

  • Full-Time

  • Part-Time

  • Executive

But which one is best suited for you? This is the top question that comes in mind. Although, choosing the best MBA type in Canada is completely based on the student. If you are working professionally and now deciding to do a master's in your field, then you can choose a part-time MBA.

Moreover, candidates who want to focus on their studies can choose a full-time course. Executive MBA is only for those who want to work while studying.

As an expert in abroad education, Meridean Overseas found that many Indian students prefer to do work to manage their expenses. So, we suggest you choose Executive MBA in Canada. 

 

Top MBA Courses in Canada

 

Once you find the best MBA type, you should search for the best specialization. We all know many subjects are available in an MBA degree, but which is best suited?

So, it is important to choose the best MBA Courses in Canada in which you are interested, or you find the best job options.

Here, we are providing the list of specializations that you can choose to study abroad.

 

MBA Courses in Canada

Course Duration

No. of Colleges in Canada (Approx)

Finance

2 Years

5+

Human Resource

1-3.5 years

5+

Business Analytics

1-2 years

7+

Marketing

2 Years

7+

International Business

2 Years

3+

General Management

2-3 years

9+

Supply Chain

2 Years

10+

Entrepreneurship

2-3 Years

9+

Economics

2 Years

11+

Top MBA Universities in Canada

As we have defined, if you select any of the courses mentioned earlier, then you can get a job in MNCs after completing your MBA from the country.

Although, universities also play an important role in making a bright career. Every year, more than 90% of students get placed in top companies after their degree.

So, we suggest you choose the college very carefully as it allows working with top professionals directly after a Master’s degree.

Here at Meridean Overseas, you can also check the top Universities in Canada for MBA, which have good placement records.

 

Best Universities in Canada for MBA

  • University of Toronto

  • Queen’s University

  • Western University

  • McGill University

  • York University

  • University of British Columbia

  • University of Alberta

  • Concordia University

  • Dalhousie University

  • University of Montreal

  • McMaster University

  • Brock University

  • Saint Mary’s University

  • Simon Fraser University

  • University of Victoria         
       

Important Note – All these MBA universities in Canada provide full-time courses. If you want to study part-time or do an executive course, then you can talk to our counselors  They will help you clear all your doubts and provide a complete guide to which one is best for you.

Intakes in Canada

When you start applying in Canada, you may wait for some time. Because Canadian universities open their doors in three intakes –

 

If you are an Indian Student or, we can say, an international student, then you can apply for any of these intakes.

Is your university open up in the same intake to which you want to apply?

Discuss with Meridean Overseas Consultants to know the deadlines and other overseas education-related doubts through application02@meridean.org.

Requirements to Get Admission in Canada for MBA

Think if you are going to apply to Canada University for MBA, but you still need to complete some required documents. Then, you may have to wait for next year.

So, it is necessary to have all the required documents ready. Here are some basic requirements for admission in Canada for Indian Students.

  • Must have a graduate degree with at least 60%.

  • Have a certificate of English Language Test Scores such as IELTS Exam with 6.5 overall and no band less than 6.

  • GMAT Exam with 550 or a GRE score of at least 300 (Optional).

  • Some colleges require to have a work experience of a minimum of 1 year.

  • SOP for MBA.

  • Recommendation Letter 1 from your academic background and 2 from your professional background.

  • Study Visa.

 

Although universities have their percentage criteria or score in graduation and English language test.

Fee Structure & Scholarships for MBA Courses

The admission fees in Canada may vary. So, before applying, you must be aware of their charges for international students.

While checking the MBA in Canada Fees, you will find major differences between international & domestic students. Why is International students’ fee too high?

Well, most of the students outside the country depend on their parents, so it may be expected that they can pay high tuition fees. Also, international students are the main source of income for the government.

Generally, MBA in Canada Fees for Indian students is started from 15 to 20 lakh per year, which can go high depending on the university & course.

However, Universities offer scholarships to students to manage their cost of studying MBA in Canada. Here are some scholarships provided for Indian students –

  • Women in Business Excellence Award

  • Sauder School of Business Entrance Scholarship

  • Hari Varshney MBA Entrance Scholarship

  • Madhu Varshney MBA Entrance Scholarship

  • MBA Admission Awards

 

You can check the complete details of MBA Scholarships in Canada here to know more about it.

 

Cost of Living in Canada

 

Along with the course fee, you have to manage your expenses to live. According to the students, the cost of living in Canada is slightly higher than other countries. The average annual cost of living in Canada is around INR 6 lakhs. This may vary as per your choice.

But to reduce your cost of living, you can start a part-time job as they allow students to work part-time while studying.

PR Rules for Canada

To get Canada PR, you need to know the rules & regulations first. Below, we are providing the three major rules that you must know to apply for Canada PR.

In the past 5 years, you must have spent at least 730 days in the country.

The 730 days are optional to be consecutive.

Depending on the circumstances, part of your time abroad may be counted toward the 730-day minimum.

 

Canada Visa Process

 

As we have already mentioned, Canada Students Visa is the most required document to study. If you want to pursue academic, professional, or vocational training at a university, college, or other educational institution, you must first get a student visa.

But how to get Canada Study Visa?

Well, to study in this country, first, you must apply for a Temporary Residence Visa from the Canadian High Commission, which is aided through Visa Application Centers. The cost of a Canada Student Visa is CAD 150 after that you can apply for Biometrics which costs CAD 85.

Once you receive it, you have permission to study in the country.

MBA Salary in Canada

Students who have completed their MBA in Canada study, can earn more than 1 lakh CAD per year depending on the skills the have. The highest-paying specializations are finance, marketing, senior project management, etc.

As per the student’s report, the average salary of an MBA in Canada is 80000 to 90000 CAD.

 

Top Recruiters That Hire MBA Students

 

Everyone wants to work with top professionals in Multi-National Companies. And the country provides you with an opportunity to join MNCs. Below, you can check the list of top companies where you can get a place after completing your MBA studies in Canada

 

Top Recruiters That Hire MBA Students

American Express

Toyota

Hyundai

Nestle

Google

HONEYWELL

Capital One

PricewaterhouseCoopers

Citigroup

shell

IBM

KPMG

TATA

Microsoft

Deloitte

Deloitte

Procter Gamble

Infosys

Ernst & Young

ABBDeloitte

PWC

Unity Technologies

Goldman Sachs

GlaxoSmithKline

Aditya Birla Group

BCG

Amazon.com

Walmart

SAP

CIBC

Accenture

Scotiabank

McKinsey

Sony

Apple

 

Conclusions

Above, we have covered the details of an MBA in Canada that you should check before applying in abroad universities. This information will help you in each & every step of your course journey.

Although, you may need some help in getting admission because of the complicated process. So, to help you out, Meridean Overseas has come up here.

 

Our counsellors will provide you complete guidance and help you to get ready all the documents that are required to study MBA in Canada. You can talk with us through application02@meridean.org or call us at our toll-free no. 1800-1230-00011.

FAQs

Q: Is MBA from Canada worth it?
A: - Canada has perhaps the most grounded economy on the planet. Likewise, it is also an inviting country to outsiders. Thus, giving a few open positions to students after graduation. This makes studying abroad in Canada absolutely worth the effort!

 

Q: How much does it cost to study MBA in Canada?
A: Studying an MBA in Canada costs CAD 15000 to 90,000 depending on your college and specialisation.

 

Q: When to apply for an MBA in Canada?
A: Canada offers three admissions intakes, which are: fall (September), summer (May) and winter (January). You can enlist for an MBA in any of these intakes. Be that as it may, most Indian students lean toward fall admission for MBA as it is the most popular enrollment time.

 

Q: Is the study gap acceptable in Canada?
A: Yes, the study gap is acceptable in Canada. There are many universities that allow students with study gaps. However, they have to submit some required documents and the reason of the study gap that should be justified.

blog meet

Get the best study abroad guidance

blog meet

Get the best study abroad guidance

Meridean overseas whatsappChat