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650
Avg. GMAT
24
Avg. Age
 CAD 60K
Avg. Cost of Study
1-2 YrsÂ
Months DurationÂ
CAD 100K
Avg. Salary
Canada is a great place to study an MBA for a number of reasons. The country has a strong economy, welcoming immigration policies, and diverse population. Canadian universities are also consistently ranked among the best in the world, and the cost of studying an MBA in Canada is much lower than in other countries like the United States and the United Kingdom.
After graduating from an MBA program in Canada, you will have access to a wide range of job opportunities in a variety of industries. You may also be eligible to apply for a post-graduate work permit, which allows you to work in Canada for up to three years. This can give you the opportunity to gain Canadian work experience and eventually apply for permanent residency.
If you are looking for a high-quality, affordable, and rewarding MBA experience, then Canada is a great option.
Here are some of the specific benefits of studying an MBA in Canada:
If you are interested in studying an MBA in Canada, I encourage you to research the different programs available and find one that is a good fit for you.
In Canada, there are various types of MBA programs offered to cater to the diverse needs and preferences of students. Some of the types of MBA programs available in Canada include:
Full-Time MBA: This is a traditional MBA program that requires students to dedicate their full time to studies. The duration of a full-time MBA in Canada is typically around 1-2 years.
Part-Time MBA: Part-time MBA programs are designed for working professionals who want to pursue an MBA alongside their job. The duration of a part-time MBA in Canada can range from 3-6 years, allowing students to balance their work and studies.
Online MBA: Online MBA programs provide flexibility and convenience for students who prefer to study remotely. These programs allow students to access course materials and lectures online, providing a self-paced learning experience.
Executive MBA (EMBA): EMBA programs are specifically designed for experienced professionals and executives who want to enhance their leadership skills and strategic thinking. These programs often have a higher level of work experience requirements and are structured to accommodate the busy schedules of working professionals.
Specialized MBA: Many Canadian universities offer specialized MBA programs that focus on specific industries or functional areas. Some examples include MBA programs with specializations in finance, marketing, entrepreneurship, healthcare management, and technology management.
It is important to note that the availability of these MBA program types may vary depending on the university.
CAD 40,000
Avg. Tuition Fee
+Â
CAD 20,000
Avg. Living Cost
+Â
CAD 150
Avg. Visa Charges
Avg. Cost of Study
The average tuition fees for an MBA in Canada are CAD 30,000-40,000 per year. However, the cost can vary depending on the university and program. For example, the tuition fees for an MBA at the University of Toronto Rotman School of Management are CAD 52,700 per year, while the tuition fees for an MBA at the University of Ottawa Telfer School of Management is CAD 37,000 per year.
The average cost of living in Canada for an international student is CAD 15,000-20,000 per year. This includes accommodation, food, transportation, and other expenses.
The visa charges for a student visa to Canada are CAD 150. You will also need to pay a biometric fee of CAD 85. In addition to these costs, you may also need to factor in the cost of textbooks, travel, and other expenses.
The eligibility criteria for MBA in Canada vary from university to university. However, the following are the general eligibility requirements:
The specific eligibility requirements for each university can be found on their website.
Here are some additional details about the eligibility requirements:
A merit-based scholarship offered by the Government of Ontario for master’s or doctoral programs at participating universities. Value: CAD 5,000 to CAD 15,000 per year.
Offered by the Haskayne School of Business at the University of Calgary to exceptional international students admitted to the MBA program. Value: CAD 1,500 to CAD 20,000.
Provided by the Ivey Business School at the University of Western Ontario for outstanding international students accepted into the MBA program. Value: CAD 10,000 to CAD 50,000.
Offered by the Schulich School of Business at York University for exceptional international students admitted to the MBA program. Value: CAD 10,000 to CAD 50,000.
Provided by the Rotman School of Management at the University of Toronto for outstanding international students accepted into the MBA program. Value: $5,000 to $50,000.
Here are some of the top companies hiring for MBAs in Canada:
Deloitte: Deloitte is a global professional services network that provides audit, tax, consulting, and financial advisory services. They are known for their strong training and development programs for MBAs, and they offer competitive salaries and benefits.
EY: EY is another global professional services network that offers a variety of opportunities for MBAs. They have a strong focus on innovation and technology, and they offer MBAs the chance to work on cutting-edge projects.
Google: Google is a multinational technology company that is known for its search engine, online advertising, cloud computing, and software. They offer MBAs the chance to work on challenging and innovative projects in a fast-paced environment.
Amazon: Amazon is a multinational technology company that is known for its e-commerce platform, cloud computing services, and artificial intelligence. They offer MBAs the chance to work on a variety of projects in a variety of industries.
RBC: RBC is a Canadian multinational financial services company that offers a variety of banking, insurance, and wealth management services. They offer MBAs the chance to work in a variety of roles, including investment banking, corporate banking, and retail banking.
Bank of Montreal: BMO is another Canadian multinational financial services company that offers a variety of banking, insurance, and wealth management services. They offer MBAs the chance to work in a variety of roles, similar to RBC.
McKinsey & Company: McKinsey & Company is a global management consulting firm that offers MBAs the chance to work on a variety of projects with leading businesses around the world.
Bain & Company: Bain & Company is another global management consulting firm that offers MBAs the chance to work on a variety of projects with leading businesses around the world.
Boston Consulting Group: The Boston Consulting Group is a global management consulting firm that offers MBAs the chance to work on a variety of projects with leading businesses around the world.
Top Canadian companies hiring MBA graduates in Canada include those in the banking and finance, consulting, technology, retail and consumer goods, and healthcare industries. These companies regularly hire MBAs for positions in investment banking, corporate banking, financial analysis, strategy consulting, operations consulting, IT consulting, product management, marketing, sales, marketing, supply chain management, retail operations, healthcare administration, marketing, and sales.
With a strong economy and a growing job market, Canada is a great place for MBA graduates to find a job.
Employed within 3 months of graduation
Avg. Salary
Financial Analyst
Corporate Treasurer
Financial Manager
Chief Financial Officer
General Manager
International students who want to study MBA in Canada will need to apply for a student visa. The visa application process can be started 120 days before the start date of the program.
The required documents for a student visa application include:
Once the student visa is approved, the student will be able to enter Canada and start their studies.
| University | Details | Suggestion |
| Rotman School of Management, University of Toronto | Duration: 2-3 Years Format:Â Full-time or Part-time Avg. Working experience: 40-80 hours per week Location: Downtown Toronto, Ontario | |
| Smith School of Business, Queen’s University | Duration: 2-3 Years Format:Â Full-time or Part-time Avg. Working experience: 40-60 hours per week Location: Kingston, Ontario | |
| Ivey Business School, Western University | Duration: 1 Year Format: Full-time Avg. Working experience: 60-70 hours per week Location: Kingston, Ontario | MBA in Ivey Business School |
| Desautels Faculty of Management, McGill University | Duration: 1-2 Years | MBA in Desautels Faculty of Management |
| Schulich School of Business, York University | Duration: 2-3 Years Format:Â Full-time or Part-time Avg. Working experience: 60-80 hours per week Location: Toronto, Ontario | MBA in Schulich School of Business |
We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks
Step 1
GMAT / GRE Score
2-3 months.
If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average.Â
Step 2
Profile Evaluation
 1-2 weeks.
Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile
Step 3
Application Prep
3-4 weeks at least.Â
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
Step 4
Interview Prep
1 week
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.
Admission requirements may vary depending on the university and the specific MBA program. Generally, you will need a bachelor’s degree from a recognized institution, relevant work experience (typically 2-5 years), a competitive GMAT/GRE score, English language proficiency test (such as TOEFL or IELTS for international students), letters of recommendation, a statement of purpose, and a resume.
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Yes, some Canadian universities offer scholarships, bursaries, and financial aid for international students pursuing an MBA. The availability and criteria for these awards can differ by institution. Make sure to check with the universities you are interested in for specific details and opportunities.
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Most full-time MBA programs in Canada typically take about 12 to 24 months to complete. The duration can vary depending on whether you choose an accelerated program, part-time studies, or if you decide to pursue specializations or co-op/internship opportunities.
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The cost of an MBA in Canada varies depending on the university and program. Additional expenses, such as living costs, accommodation, books, and supplies, should also be considered.
Canada offers a favorable job market for MBA graduates with a wide range of opportunities across industries. Graduates can find employment in sectors such as finance, consulting, marketing, technology, healthcare, and more. Canada also has various immigration pathways for international students, making it possible for graduates to explore and pursue a career in the country after completing their studies.
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