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Everything You Need to Know About MBA Colleges in Canada

MBA Colleges in Canada

Candidate MBA programs has become popular in recent times, making Canada one of the top three countries for MBAs. Studying MBA in Canada opens the way to working with leading global companies while living in diverse, multicultural cities around the world. More than that? It offers the same opportunities that countries like the US and the UK provide at a much lower cost, making it a more affordable option for aspiring applicants. Read on to learn more about the best MBA colleges in Canada.

An MBA in Canada is a 1–2-year degree program that offers a good return on investment. There are Canadian universities with accelerated MBA programs that can last less than a year. MBA in Canada can be obtained in several cities such as Toronto, Montreal, Vancouver, Ottawa, and others. Also, with the current uncertainty surrounding the H1-B visa program in the US, Canada has quickly become a promising destination for international students. Moreover, according to the survey, an MBA in Canada has become one of the best places to study in 2023.

Let’s get started…

What all is covered in this post?

To make it easier, we have created a quick guide to everything you need to know about top MBA colleges in Canada.

MBA colleges in Canada Covers

MBA in Canada is available at 47 colleges and universities. 6 MBA colleges in Canada are among the top 100 in the QS Global MBA Ranking (2023). The average fee for an MBA in Canada ranges from CAD 30,000-40,000 per year. But thanks to part-time scholarships, you can reduce the total cost of studying for an MBA in Canada by CAD 10,000.

MBA applications begin in September at most Canadian colleges. Each college accepts applications in several rounds, with the final round in March. To get higher education in MBA colleges in Canada, a foreign student needs a GMAT score of 650-720 with an average work experience of 3 years. Still wondering why MBA in Canada is the best option for you? Obviously, because you will get exposure to the business world on a global stage.

Here’s the list of best MBA colleges in Canada along with details on fees for Indian students that have produced some of the most influential people in business –

Top MBA Colleges in CanadaFees
Brock UniversityRs. 40,97,574
Concordia UniversityRs. 16,34,606
Dalhousie UniversityRs. 11,90,030
McGill UniversityRs. 59,44,130
McMaster UniversityRs. 21,82,939
Queen’s UniversityRs. 60,99,454
Saint Mary’s UniversityRs. 27,24,719
Simon Fraser UniversityRs. 36,73,519
University of AlbertaRs. 16,89,507
University of British ColumbiaRs. 53,79,945
University of MontrealRs. 17,94,780
University of TorontoRs. 39,55,385
University of VictoriaRs. 27,40,913
Western UniversityRs. 59,70,296
York UniversityRs. 16,76,125

In this section, we will introduce you to the explanation of the above-mentioned list of best MBA colleges in Canada:

Brock University

The MBA degree offered by Brock University in Canada is a two-year, full-time program at the Goodman School of Business. Brock University is one of the top MBA colleges in Canada that offers degrees that equip people with the academic knowledge and real-world experience to make a difference.

  • Location: St. Catharines, Ontario, Canada
  • Popular Specialization: Accounting (CPA accredited), Business Analytics, Human Resource Management, Marketing, Finance, Operations Management, etc.
  • Placement rate- 95%
  • Eligibility Criteria: 4-year bachelor’s degree from an accredited institution and minimum class required B or 75% (based on the last two years of undergraduate studies)

Concordia University

The Master of Business Administration at Concordia University is offered as a 2-year program (minimum). Offered through the John Molson School of Business, one of the best MBA colleges in Canada accredited by the Association to Advance Collegiate Schools of Business (AACSB).

  • Location: Montreal
  • Popular Specialization: Accounting, Digital Marketing, Finance, Health Care Management, Project Management, etc.
  • Placement rate – 92%
  • Eligibility Criteria: A bachelor’s degree in any business discipline from a recognized university and a minimum GPA of 3.0 out of 4.3 is required.

Dalhousie University

Dalhousie University’s Faculty of Management offers the Corporate Residency MBA Program, Canada’s only Corporate Residency MBA, which provides opportunities for accelerated career growth in the student’s chosen field.

  • Location: Halifax
  • Popular Specialization: Business & Government, International Business, Marketing, etc.
  • Placement rate: 89%
  • Eligibility Criteria: 4-year Bachelor’s degree in any discipline from a recognized Dalhousie University and grade point average of B (or 3.0) or higher for the past two years (20 credits).

McGill University

McGill University is one of the best MBA colleges in Canada. The MBA at McGill University’s Desautels Faculty of Management is considered one of the world’s most renowned international and dynamic MBA programs.

  • Location: Montreal
  • Popular Specialization: Finance, Marketing, Global Leadership and Business Analytics, etc.
  • Placement rate: 91%
  • Eligibility Criteria: an honors degree in a business administration program or a degree in another discipline, like any business program, may also be eligible for admission; A GPA of 3.2 out of 4.0 is required to apply to this Master of Business Administration program at McGill University.

McMaster University

McMaster University’s DeGroote School of Business offers a 20-month full-time MBA program with an optional co-op (28 months) that helps students gain valuable hands-on business experience, case studies, and group projects with real organizations.

  • Location: Hamilton
  • Popular Specialization: General MBA, Accounting and Financial Management Services, Business Analytics, Finance, Health Services Management, Marketing, etc.
  • Placement rate: 93.9%
  • Eligibility Criteria: UG Degree in Marketing, Finance, Arts, Science, Public Administration, Education, Manufacturing, etc.; a competitive GPA in the last 2 years of undergraduate studies; and a B average (73-76%, or 3.0 on a 4.0 scale) in the last 2 years to be competitive.

Summing Up!

In the above article, we discussed in detail about best MBA colleges in Canada. Although studying abroad is a dream for many students it is equally essential for students to be aware of everything that it takes to pursue higher education in Canada.

iDreamCareer is on a mission to reach every state and every child in order to ensure that talent is appropriately delivered to the industry.

Talk to our study abroad experts who have 20+ years of experience to know yourself in and out! We have helped several brilliant but confused minds with the aim to select their most-suited career choices. Hear the success story of Aayush who got an offer from the top 3 universities and is now studying at a University in Ottawa in Canada after getting career guidance from our industry experts!

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FAQs

How much does an MBA cost in Canada?

To get an MBA in Canada, the average tuition fee ranges from $30,000 to $40,000 per year, which is considered more affordable than in other study-abroad countries. It usually takes about two years to complete an MBA.

Which MBA has the highest salary in Canada?

The highest-paying MBA specializations include finance, operations, information technology, and human resources (HR). It is important to note that the average salary after an MBA in Canada depends on the university and the student’s program.

Which MBA specialization is in demand in Canada?

Some of the popular MBA specializations in Canada are General Management, Marketing, Finance, Human Resources, Entrepreneurship, Operations Management, Hospitality, etc.

How to get admission to an MBA in Canada?

You will need to submit an application along with documents and appear for an interview to gain admission to Canada. For this, you need to check when the annual recruitment for your chosen university starts.

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