MBA Scholarships in Canada

Meridean Overseas
Meridean Overseas

Updated On 09 April 2022 & Read Time 6 minutes



MBA Scholarships in Canada of 10,000 CAD and above!

Studying an MBA in Canada can cost you approximately between 40,000 CAD and 1, 50,000 CAD, which is clearly a hole in your pocket. But the good news is that even foreigners can claim MBA scholarships in Canada. This will help you to relax your study expenses in Canada.
So, let us dive into the MBA scholarships in Canada for international students and also check the scholarship application process in this blog.
Best MBA Scholarships In Canada: Which Scholarship Should You Apply In Canada For MBA?
To study MBA in abroad with scholarships, you must demonstrate your brilliance. One way to do this is to get an outstanding GMAT score. With excellent academics, good scores and performing overall, you will be able to win MBA scholarships in Canada.

Some of the best MBA scholarships to look for are:

Ontario Graduate Scholarships Program

The Ontario Graduate Scholarship is a highly competitive scholarship to be won. International students who aspire to pursue a master's degree or a two-year course in Ontario can apply.

Ontario Graduate Scholarships Eligibility

  • The candidate must be enrolled in one of the universities in Ontario.

  • You should take a 2 year course.

  • You must show a minimum of A- during the last two years of your studies.


  • Fellows receive approximately CA$5,000 per semester.

  • You could receive CA$10,000 over 2 semesters or CA$15,000 over 3 semesters.


Haskayne Entrance Donor Scholarships

The University of Calgary, Haskayne School of Business MBA Scholarship in Canada offers scholarships to international students with high GPA and GMAT scores. If you are academically strong and looking for a scholarship for an MBA in Canada for Indian students, then this is a good option.

In addition to the entrance scholarship, the Haskayne Business School offers many other MBA scholarships during the first and second years of your education.

Haskayne School of Business MBA Scholarship Eligibility

  • Scholarships are awarded on a variety of assessments based on your scores, academic excellence, professional goals, etc.


  • Fellows receive between CA$3,000 and CA$17,000 during their tenure.


Ivey MBA Scholarships in Canada

There is very little chance for students to get fully funded MBA scholarships in Canada. As MBAs are very competitive and have a pretty good rate of return on investment, it's a good deal if you get at least half of your fees funded. The Ivey Business School MBA Scholarships offer exactly that.

Ivey MBA Eligibility

  • MBA applicants are screened based on their academic grades, work experience, GMAT, leadership skills, and more.


  • Applicants receive approximately CA$10,000 at half covered MBA tuition based on their caliber.


Alberta MBA Scholarships

The Alberta School of Business MBA program offers so many of scholarships for study abroad. The previous year, approximately CAD 1 million was allocated for MBA scholarships. So, you have a good chance of winning even a half scholarship or a full scholarship for an MBA in Canada here.
The Alberta School Of Business offers a variety of awards throughout your course ranging from CA$1,000 to CA$10,000 depending on your caliber.

Alberta MBA Scholarship Eligibility

  • High GPA (3.5 or above), academic merits, GMAT scores, work experience, etc.


  • Claude Winspear MBA Award, Michael Lang Youth Award, MBA Leadership Award, AIMCo Scholarship, etc. award approximately CA$10,000.

  • Other grants range from CA$1,000 or higher depending on your caliber.


Sauder School of Business Scholarship

Sauder Business School in Canada offers its own brand scholarships to outstanding international students. If you are looking for a scholarship for Indian students in Canada for an MBA, you should definitely look to the Sauder School of Business. Offering many MBA scholarships for Asian and international students, you too could get funded.
Some of the popular scholarships under the umbrella are Asia Top Talent Scholarships, Women in Business Leadership Scholarships, Hari Varshney MBA Entrance Scholarship, Dean's Entrance Scholarship and international studies for talents.

Sauder MBA Scholarship Eligibility

  • Entrance scholarships (a selection based on merit is made)

  • Demonstration of entrepreneurial skills

  • Leadership skills

  • Previous business experience

  • Academic excellence


  • Some scholarships offer CA$10,000 to CA$40,000 to students.

  • The Hari Varshney MBA Entrance Scholarship and Madhu Varshney MBA Scholarships offer up to half of your tuition fees.


Rotman School of Management Scholarships

The Rotman Business School at the University of Toronto is one of the top business schools in Canada. So is it competition? Therefore, getting to a business school and landing a scholarship is a challenge, but worth it!
Rotman is offering MBA scholarships in Canada for Indian students. This is one of the scholarships that offers a fully funded MBA in Canada.
Joseph L. Rotman Scholarship, Rotman Family Healthcare Scholarship, Entrance Awards, Business Design Initiative (BDI) Scholarship, 30% Club Full-time MBA Scholarship are some of the popular MBAs.

Rotman School of Management Scholarship Eligibility

  • Applicants must be enrolled in Rotman's MBA program.

  • Merit-based awards are given.


  • Fully funded C$10,000 scholarships are available.

  • Rotman offers over 10 scholarships. Each of the scholarships varies. However, financial benefits are included in all of them.


Schulich School of Business Scholarships

Study MBA Abroad with Scholarships in Canada at Schulich Business School by submitting your high scores. York University Schulich Scholarships are awarded to students around the world to promote higher education.

Schulich School Scholarship Eligibility

  • Entrance scholarships (selection based on merit)

  • Continuing scholarship (exceptional contribution during the course)


  • Various scholarships of approximately CA$25,000 - CA$40,000 are awarded to students.

Some of them are:

  • Robert Krembil Merit Scholarship

  • The Goldberg Leadership Excellence Award

  • Seymour Schulich MBA Entrance Scholarship

  • Tanna H. Schulich MBA Entrance Scholarship

  • Heather L. Main Fellowship (Women in Capital Markets)

  • Scotiabank International Business Scholarship

How to Apply for MBA Scholarship in Canada?

Applying for scholarships abroad is not complicated. You can apply directly on the online business schools website. In case of confusion, you can also contact the administrative department of the University of your Choice to guide you through the process.


To apply for MBA scholarships in Canada:

  • Visit the official university website.

  • Understand the eligibility criteria for the university scholarship.

  • Gather the necessary documents.

  • Pass the required tests (GMAT, IELTS).

  • Register and apply for the scholarship online.

  • Wait for the university's response.

Scholarships are a great way to fund your MBA studies in Canada. However, you must have noticed that the commonality of getting a scholarship in Canada solely depends on merit, GMAT scores, high GPA, work experience, etc. This means that you will need to put extra effort and make sure you get excellent scores in your sub-degree to successfully get a scholarship.

If you are having difficulty applying for scholarships to study in Canada or you are struggling with the dilemma of – How to get a scholarship for an MBA in Canada for Indian students? Then simply contact a professional from Meridean Overseas Education Consultants to enlighten you on the subject.

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