Introduction to business and management programs for international students
Canada offers a dynamic and globally recognized environment for higher education in business and management courses. The country is particularly known for offering highly valuable degree options to develop well-rounded, analytical, and forward-thinking professionals who can tackle complex challenges in various industries.
Studying business management in Canada provides students with a rich experience in terms of the knowledge and skills they gain through an advanced course structure and various practical experience opportunities. Business schools usually emphasize the practical application of learning through case studies, internships, co-op programs, and business simulations.
Students can choose from an interesting range of specializations, such as finance, marketing, entrepreneurship, human resources, and international business. The curriculum is usually designed to reflect the current industry trends and global economic shifts, ensuring that the graduates are prepared for the job market demands. This is made possible by strong industrial connections forged between educational institutions and corporate partners, many of whom also have professionals as faculty members in the top business schools.
Types of Business and Management Degrees
Bachelor’s in Business and Management
A bachelor’s degree in business and management from a Canadian institution provides a strong foundation for students to pursue a wide range of careers in the business world. Most of these programs have a well-rounded curriculum that combines core business courses with opportunities for specialization in fundamental areas such as accounting, finance, marketing, management, economics, and business ethics.
Students also get the opportunity to choose elective courses to tailor their higher education to their interests and career goals. Canada’s best business management degrees incorporate hands-on learning through projects, case studies, internships, and co-op opportunities, allowing students to apply classroom knowledge to real-world situations. To train students to excel in the global business environment, institutions also focus on developing soft skills among students.
- Course Duration: 4 years
- Course Fees: CAD 20,000-60,000
- Entry Requirements: Applicants should have a high school diploma and provide English language proficiency test scores.
Master’s in Business and Management
Master’s degrees in business and management offer advanced education for individuals looking to excel in business. Canada offers a wide range of master’s programs in business and management to cater to different career goals and backgrounds. The most common options include the Master of Business Administration (MBA), Master of Management (MMgt), and specialized master’s programs such as the Master of Finance, Master of Marketing, and Master of Supply Chain Management.
Regardless of the specific program, students can expect a robust curriculum that covers core business courses in finance, marketing, operations, strategy, and organizational behaviour. These are complemented by many elective courses that allow students to customize their education to their specific interests. Many courses also provide experiential learning elements, such as capstone projects, consulting engagements, or internships, to students.
- Course Duration: 1-2 years
- Course Fees: CAD 35,000-70,000
- Entry Requirements: Applicants must hold a bachelor’s degree from a recognized institution, and some universities may require competitive GMAT or GRE scores, particularly for MBA programs. Relevant work experience is also a prerequisite for most MBA programs. International students must also provide English language proficiency test scores.
PhD in Business and Management
PhD programs in business and management in Canada offer an unparalleled opportunity for in-depth research, advanced study, and the development of expertise in specific business areas. These programs have been created for individuals aspiring to become scholars, researchers, educators in academia, and experts in specialized fields within the business world.
- Duration: 3-5 years
- Course Fees: CAD 6,000-15,000
- Entry Requirements: Applicants must hold a relevant master’s degree or an exceptional bachelor’s degree with research experience. Apart from English language proficiency test scores, a well-defined research proposal is also required.
Scholarships
While the availability and eligibility criteria for many scholarships can vary by institution, program, and scholarship provider, you can find some common funding options for international students below:
- University-specific scholarships: Many Canadian universities readily offer scholarships for international students enrolling in business and management programs.
- Government scholarships: The Canadian federal government and various provincial governments offer scholarships and fellowships for international students pursuing higher education in Canada.
- Business school scholarships: Business schools within Canadian universities often have their own scholarship programs for international students.
- Professional Associations: Some business and management-related professional associations in Canada, such as the Canadian Business Hall of Fame and the Canadian Association of Business Students (CABS), offer scholarships and awards to students pursuing business degrees.
- Corporate Scholarships: Several Canadian corporations and multinational companies in Canada offer scholarships and sponsorships for students pursuing business and management degrees. These opportunities may be linked to internship or co-op programs.
- Research and Teaching Assistantships: Graduate students in business and management programs may have opportunities to work as research or teaching assistants.
Jobs and Careers
A business and management degree in Canada leads to diverse career opportunities across various industries. Graduates with these degrees possess versatile leadership, decision-making, problem-solving, and strategic thinking skills, making them highly sought after in the job market. Following are some common jobs and careers that individuals with business and management degrees can pursue in Canada:
- Business Analyst
- Marketing Manager
- Financial Analyst
- Management Consultant
- Human Resources Manager
- Entrepreneur/Business Owner
- Supply Chain Manager
- Operations Manager
- Financial Manager
- International Business Specialist
Salaries
Salaries for business and management graduates in Canada can differ based on multiple factors like the specific job role, level of experience, industry, and geographic location. On average, entry-level positions may offer salaries of around CAD 82,426 annually, with variations depending on the specific field. With a few years of experience, professionals in roles such as marketing managers, financial analysts, or human resources managers can earn annual salaries of around CAD 112,197 annually, especially in major cities like Toronto, Vancouver, and Calgary. Senior-level executives, such as CEOs and top-level managers, can command salaries well into the six-figure range.
Where can I study Business and Management in Canada?
To learn more about the best business and management universities in Canada, find details on the top ranking Business and Management programs in the QS World University Rankings by Subject 2024 below:
- University of Toronto
- University of British Columbia
- McGill University
- Western University
- University of Montreal
- University of Alberta
- Queen’s University at Kingston
- York University
- University of Calgary
- University of Waterloo
Study Business and Management in Canada
If you would like to apply to a Canadian university or college, contact SI-Canada today for a free consultation.
FAQ
What are the best business management courses in Canada?
The best business management courses in Canada are the Master’s in Business Administration and the top universities’ postgraduate programs in project management.
Which are the best business management colleges in Canada?
Canada’s best business management colleges include George Brown College, Seneca College, Sheridan College, and Humber College.
What are the specific requirements for studying business management courses in Canada?
If you want to take business management courses in Canada after the 12th, you will need a high school diploma. For master’s degrees, a bachelor’s degree, GRE/GMAT scores, and work experience are required. All courses also require English language proficiency test scores.
What is the salary for a business management graduate in Canada?
As per the latest trends, the average salary for business management graduates is around CAD 112,197 annually.