MBA Courses in Canada

Gain an MBA from a Canadian Business School

Canadian business schools offer MBA programmes catering to students of every academic level, budgetary requirement, and career aspiration. They provide an international mix of students, teachers, and work opportunities unrivalled in many parts of the world.

Canada is home to some of the world’s best business schools in terms of quality of teaching and brand recognition. Students with strong first degrees and solid career starts will be able to learn how business works while also building a network of contacts that will pay off in the future.

With the ever-changing business landscape of the world, which is increasingly becoming more connected, a global MBA degree that can be valued in different parts of the world can be a great investment for students. Canada is one of those countries that offers world-class education at relatively lower costs and provides many other benefits to students pursuing higher education. A Canadian MBA offers diverse specializations to align with the career goals of students with varied interests. MBA courses in Canada can be completed through a full-time or part-time setup, which is particularly beneficial for working professionals looking to pursue the course to advance their career pathways.

Types of MBA

Full-time MBA

Canada’s full-time MBA programs offer an immersive business educational experience, due to which several international students are attracted to the course. The comprehensive curriculum covers core business subjects such as finance, marketing, strategy, and management. Many courses may also provide opportunities to specialize in entrepreneurship, sustainability, or technology management. One of Canada’s best aspects of MBA degrees is the strong focus on experiential learning, through which students get practical exposure to real-world business challenges. As an MBA is one of the most popular courses for international students in Canada, the universities provide robust career services to students that include job placement assistance, career coaching, and access to job fairs and networking events.

• Course Duration: 1-2 years
• Course Fees: CAD 30,000-126,000 per year
• Entry Requirements: An undergraduate degree, GMAT or GRE scores, some work experience, and language proficiency in English or French.

Part-time MBA

Part-time MBA programs in Canada have been designed to accommodate working professionals who wish to expand their knowledge base. These courses deliver high-quality education through a comprehensive finance, marketing, strategy, and management curriculum. Additionally, many part-time MBA degrees offer students several specialization opportunities, allowing them to tailor their studies to their unique career goals. One of the hallmarks of Canadian MBA education is experiential learning, and part-time degrees are no exception. Even while working, students can tackle real-world business challenges, apply classroom knowledge to practical situations, and gain valuable hands-on experience.

• Course Duration: 3-5 years
• Course Fees: CAD 29,000-60,000 per year
• Entry Requirements: An undergraduate degree from a recognized institution and GMAT or GRE scores with a few years of work experience and language proficiency in English or French.

Executive MBA

The Executive MBA programs in Canada have been designed to impart quality education to seasoned professionals and executives who wish to take their careers to greater heights. The courses attract a diverse mix of professionals from several industries who take up classes on weekends, in modular formats, or as part of intensive residencies. This format allows professionals to continue working while pursuing their EMBA, applying what they learn directly to their roles. Most EMBA courses cover advanced leadership, strategy, finance, and management topics. Although core business principles are present, the EMBA curricula are often more strategic and leadership-focused. Like all other MBAs, the EMBA programs also value experiential learning in Canada.

• Course Duration: 16 to 24 months
• Course Fees: CAD 40,000-135,000
• Entry Requirements: Applicants must have an undergraduate degree, GMAT or GRE scores, and 5-10 years of work experience. Language proficiency in English or French is also required.

MBA Scholarships

International students pursuing an MBA in Canada have several scholarship opportunities available to help alleviate the overall financial burden of tuition fees and other living expenses. Following are some of the scholarships and funding options for international MBA students in Canada:

• University-Specific Scholarships: Many Canadian universities offer scholarships exclusively for international MBA students, which can be based on academic merit, leadership potential, or other criteria. The major examples include the Rotman School of Management’s Global Executive MBA scholarships at the University of Toronto and the Schulich School of Business International Student Entrance Scholarship at York University.
• Government Scholarships: Some provinces in Canada offer scholarships to international students. For instance, the Ontario Trillium Scholarship (OTS) supports high-achieving international students pursuing research-focused graduate courses, including MBAs, in Ontario.
• External Scholarships and Foundations: Various private organizations and foundations outside Canada provide scholarships to international students pursuing graduate studies, including MBAs.
• Corporate Scholarships: Some companies and organizations also offer financial aid options to support employees who want to pursue an MBA to enhance their skills and qualifications.

Jobs and Careers

The career you pursue after completing an MBA will depend on factors such as your prior work experience, chosen MBA specialization, and personal career goals. Yet, there are some common career options, which are mentioned below:

• Business Manager
• Financial Analyst
• Marketing Manager
• Consultant
• Entrepreneur/Startup Founder
• Supply Chain Manager
• Human Resources Manager
• Healthcare Manager
• Technology Manage
• International Business Manager

Salary

Generally, MBA graduates in Canada tend to earn higher salaries than those with just undergraduate degrees; on average, they can earn around CAD 81,208. The starting salary can be around CAD 57,000, while experienced workers can make up to CAD 155,800 annually.

Where can I study an MBA in Canada?

To learn more about the best MBA’s in Canada, find details on the top ranking MBA programs in the QS Global MBA Rankings 2024: Canada below:

1. University of Toronto (Rotman)
2. McGill University (Desautels)
3. Western University (Ivey)
4. University of British Columbia (Sauder)
5. Queen’s University at Kingston (Smith)
6. York University (Schulich)
7. University of Alberta School of Business
8. Concordia University (John Molson)
9. University of Montreal
10. McMaster University (DeGroote)

Study an MBA in Canada

If you want to study an MBA in Canada, arrange your free consultation today.

FAQ

What is the MBA duration in Canada?

A full-time MBA can be completed in 1-2 years, while a part-time course is completed in 3-5 years.

Which university is best for an MBA in Canada?

The University of Toronto is the best for MBA study in Canada.

How much does an MBA cost in Canada?

Generally, an MBA in Canada can range from CAD 29,000 to 135,000 annually.

What exams are required for an MBA in Canada?

The GMAT (Graduate Management Admission Test) and GRE (Graduate Record Examination) are Canada’s most commonly required standardized tests for MBA admissions.