686
Avg. GMAT
23
Avg. Age
CAD 55K
Avg. Cost of Study
24
Months Duration
CAD 75K
Avg. Salary
Why Study Master of Business Analytics in Canada?
Students who want to work at the nexus of business and data analytics have grown more interested in Canada’s Master of Science in Business Analytics (MSBA in Canada) programs. An in-depth education in data analysis, data-driven decision-making, and corporate strategy is offered by these programs.
Canada provides an excellent environment for studying Mban program at universities like McGill university or UBC master because of its strong academic institutions, cutting-edge technological infrastructure, and vibrant commercial climate. Numerous prestigious colleges and business schools in Canada offer MSBA programs that incorporate challenging coursework, real-world projects, and industry partnerships.
Students enrolled in MSBA programs at Canadian universities are frequently given a strong foundation in data analytics methods, statistical modelling, machine learning, and data visualization. The curriculum is made to help students become more adept at working with massive datasets, gaining insights and effectively presenting findings to corporate stakeholders. Through case studies, internships, and industry partnerships, students can also get practical experience that will help them use their analytical skills in real-world business situations.
The welcoming culture and society of Canada also help MSBA students have a diversified and worthwhile educational experience. Furthermore, the price of an MSBA program in Canada might vary based on the university, length of the program, and the student’s residency status. International students should budget between 30,000 and 50,000 Canadian dollars for tuition per year.
It’s crucial to remember that overseas students have access to scholarships, grants, and financial assistance options that can help defray the cost of their education and living expenses.
Top 5 Colleges for MSBA in Canada
1.Sauder School of Business
The 12-month UBC MBAN at UBC Sauder’s Robert H. Lee Graduate School covers the whole advanced analytics spectrum, from data management to prescriptive analytics. Data handling, decision analytics, and practical business skills are all covered in the courses.
As an MBAN student, you will master analytical methodologies for thriving in today’s diversified big data world and competencies in strategy, finance, operations, supply chain, marketing, human resources, and other areas. You will learn how to create strategic suggestions and data-driven business decisions, which are critical for cutting-edge firms all around the world.
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2. Queen’s University
The Master of Management Analytics program at Queen’s University provides an exciting opportunity for individuals aspiring to explore data-driven decision-making. Completed over a 12-month period on a full-time basis, the program offers a comprehensive learning experience. International students benefit from accessible tuition fees, amounting to $76,750 for the winter term and $79,900 for the spring session. Additionally, the program offers flexibility with two learning formats: blended learning or in-person classes located in downtown Toronto. This adaptable approach allows students to customize their learning journey, fostering an inclusive and supportive atmosphere at Queen’s University.
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3. Rotman School of Management
The Master of Management Analytics (MMA) program at Rotman School of Management spans eleven months and is offered on a full-time basis, ensuring a concentrated and immersive educational experience. International students are required to pay a tuition fee of CAD 67,160, ensuring accessibility to top-tier education in the field of analytics. With a curriculum designed to equip students with cutting-edge skills and knowledge, the Rotman MMA program stands as a premier choice for those seeking to excel in the dynamic realm of data analytics.
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4. Ivey Business School
Ivey Business School presents an intensive one-year, full-time Master of Science in Business Analytics (MSBA) program, catering to students seeking a comprehensive education in data analytics. Overseas students considering this program can anticipate an average tuition cost of $72,000, ensuring access to world-class education in the field. Upon completion of the program, graduates can look forward to promising career prospects, with an average annual salary of $73,988, supplemented by potential bonuses. With its rigorous curriculum and promising career outcomes, the Ivey MSBA program stands as a lucrative option for those aspiring to excel in the dynamic field of business analytics.
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5. HEC Montreal
The Master of Science (MSc) in Data Science and Business Analytics at HEC Montréal is a highly ranked program that prepares students for careers in data science and analytics in a business context. The program offers a strong theoretical foundation in data science and statistics, as well as practical training in programming languages, machine learning, and data visualization.
In addition to coursework, students in the MSc in Data Science and Business Analytics program have the opportunity to participate in research projects, internships, and case competitions. These experiences give students the opportunity to apply their skills to real-world problems and gain valuable experience in the field.
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Eligibility Criteria : Masters in Business Analytics in Canada
There are requirements or additional course information you must meet to be a strong candidate for business analyst courses in Australia, just like there are in any other university and nation. Let’s examine each one in turn.
Bachelor’s Degree
You must have completed your 10+2 an undergrad in business analytics (or a comparable discipline) with the minimal grade point average and score required for admission to a master’s program in business analytics.
Above Average Grades
Consistently good grades are essential to be considered for admission in Australia. Due to the high level of competition, it is crucial to demonstrate strong academic performance throughout your undergraduate studies.
Aptitude Test Scores
Business schools in particular need applicants to take the GRE or GMAT and obtain the minimal score threshold. These exams make sure you are the best candidate and will pay off in the long run.
Language Requirements
To be admitted to an Australian institution, you must pass the IELTS or TOEFL, much like in the majority of other English-speaking nations. The minimal band score varies by location, but generally speaking, IELTS 6.5 and the TOEFL equivalent are accepted.
Documents Required
After the eligibility criteria, we move on to the documents you will have to provide at the time of application to ensure you have evidence to prove all your eligibility. And obviously, every application procedure has a lot of paperwork.
Passport
Visa
Official Transcripts
SOPs
LORs
Resume
Work Experience Certificate
IELTS/TOEFL scorecard
GRE/GMAT scorecard
Financial Proof
Photographs
ID proof
It is important to carefully review the specific admission requirements of the universities or programs you are interested in, as these requirements may vary. Start the application process well in advance to ensure you have sufficient time to gather all the necessary documents and meet the deadlines.
Program Costs + Living Expenses : MSBA in Canada
CAD 40,000
Avg. Tuition Fee
+
CAD 9,000
Avg. Living Cost
+
CAD 5,500
Misc. Expenses
Avg. Cost of Study
Student fees
Depending on your college, location, subject ( degree in business analytics) , length, etc., the course might cost anywhere from 20,000 CAD to 50,000 CAD (per year). In contrast to some courses, research-based and cooperative education courses charge more tuition.
While applying, get the precise figures from the website of your university. You may always find a precise estimate of what to pay in the finance section or charge estimator. To get the full picture and make informed decisions, include the ancillary costs, deposits, insurance, stationary fees, etc.
Living Costs
Additionally, it can be quite expensive to live in Canada as an international student. The cost of the lodging ranges from 8,000 to 10,000 CAD if you reside on campus each year. Rent in a shared flat off-campus ranges from 400 to 700 CAD per month. The cost of lodging varies depending on the area and living conditions.
Spend about 100 CAD a month on travel, 350 CAD a month on food (again, depending on diet and tastes), and 200 CAD extra each month for entertainment, etc.)
Types of Financial Aid Available : MSBA in Canada
There are numerous scholarships available for students studying in Canadian MSBA colleges. Popular scholarships include the following:
The Canada Graduate Scholarship
It is given to outstanding graduate students enrolled in master’s or doctorate programs in Canadian universities that focus on original research. The scholarship has a 12-month value of CAD 17,500.
Students in Ontario pursuing a master’s or doctoral degree are eligible for this scholarship. The scholarship has CAD 15,000 worth over the course of one academic year. The highly motivated and academically superior doctoral candidates continuing their studies in Canadian universities are eligible for the Canada Graduate Scholarship. The scholarship has a three-year value of CAD 50,000 per year.
Scholarship from the Social Sciences and Humanities Research Council (SSHRC)
These financial aid are awarded to college students undertaking research in the arts or the social sciences. For one year, the scholarship is worth between 17,500 and 35,000 Canadian dollars.
The Mitacs Globalink Graduate Fellowship
It is given to foreign students who wish to enrol in master’s or doctorate programs in research at Canadian universities. The scholarship has CAD 15,000 worth over the course of one academic year.
Brazil Scholarship program – Canadian Bureau for International Education (CBIE)
Brazilian students are given this grant in order to pursue graduate studies in Canada. The scholarship is worth 12,700 CAD.
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Career Prospects : MSBA in Canada
Employed within 3 months of graduation
Avg. Salary
Most Sought-after Jobs
Business Analyst
Data analyst
Financial Analyst
Marketing Manager
Operations Manager
Project Manager
The average pay for MSBA graduates in Canada might differ depending on a number of variables, including the sector, job function, geographic area, and years of experience. Recent research indicates that an MSBA graduate in Canada can expect to earn between CAD 78,000 and CAD 95,000 annually. However, based on the aforementioned conditions, earnings can range from 60,000 to 120,000 Canadian dollars each year.
It is crucial to remember that depending on the sector and job function, compensation might vary greatly. For instance, a recent MSBA graduate may make more money working in the consulting or financial industries than in the non-profit one. Jobs like data analyst, business analyst, and data scientist are similar.
Overall, earning an MSBA from a Canadian college can lead to a successful profession with competitive pay and room for advancement.
Visa & Stay Prospects : MSBA in Canada
The visa application process for masters programs in business intelligence (ms business analytics) can be completed through online or offline methods. Students have the option to apply offline by submitting all necessary documents at the visa application centre. Alternatively, they can submit their documents online and then visit the application centre to provide their biometric details. Subsequently, after the application is processed, candidates may be invited for a personal interview. As part of the application requirements, they will need to demonstrate proof of sufficient funds and may be required to undergo a medical test.
Visa Prerequisites
The prerequisites for obtaining a student visa for pursuing an MSBA in Canada vary depending on your nationality. Nevertheless, most nations mandate students to possess a valid passport, an acceptance letter from a university, and substantiation of financial backing. It might also be necessary to provide a police clearance certificate and a medical examination report.
Visa Fees
The visa fees for enrolling in an MSBA program in Canada are contingent upon your nationality. Generally, these fees fall within the range of $100 to $200.
Post-Course Stay in Canada
Following the completion of your MSBA program in Canada, there’s a potential to extend your stay for employment purposes. The extent of this extension relies on the specific category of your visa.
Post-Study Work Permit
International students completing their Master’s degree in Canada are eligible to apply for a post-study work permit (PGWP). This permit allows you to stay in Canada and engage in full-time employment for a maximum duration of three years.
Job Prospects
The employment opportunities for MSBA graduates in Canada are promising. The nation houses numerous multinational corporations and financial institutions that are swiftly embracing data-driven decision-making approaches. Consequently, there’s an escalating demand for proficient data analysts in Canada.
Cost of Living
The cost of living in Canada can be substantial; however, it is in line with other advanced countries. The average monthly cost of living in Toronto is approximately $1,500.
FAQs about MSBA in Canada
Why choose Canada for an MSBA program?
Canada is renowned for its high-quality education system and is home to several top-ranked universities offering MSBA programs. Additionally, Canada has a diverse and vibrant culture, providing a welcoming environment for international students.
What are the admission requirements for MSBA programs in Canada?
Admission requirements can vary between universities, but typically they include a bachelor’s degree (usually in a related field like business, economics, engineering, or computer science), standardized test scores (e.g., GMAT/GRE), letters of recommendation, statement of purpose, and English language proficiency (for international students).
Are there any scholarships or financial aid options available for MSBA students in Canada?
Yes, several Canadian universities offer scholarships and financial aid for international and domestic students. Students are encouraged to research and apply for scholarships based on their academic achievements and financial need.
Can I work while studying for an MSBA in Canada?
Yes, in many cases, international students with a valid study permit are allowed to work on or off-campus while studying. There are certain restrictions, so it’s essential to check the specific regulations and guidelines.
