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Top MBA Schools, Colleges and Universities in Canada

Canada has the best educational institutes due to its commitment to enhancing education. The MBA or Masters in Business Administration degree takes you places in your career. In addition, studying MBA in Canada gives you an edge compared to your peers.

The country has allotted a substantial portion of its budget for the education sector than any other country. No wonder students flock to Canada for their MBA degrees every year.

Canada has options for full-time and part-time courses for MBA.

Do you want to study in Canada? Y-Axis is here to guide you to your bright future.

Why Study MBA in Canada?

These are the advantages of studying in Canada

Exceptional exposure

Studying in Canada gives you the much needed exposure for your professional and personal growth. The faculty of the business schools in Canada have substantial experience in the field and thereby, they are able to impart invaluable skills and knowledge to the students.

You also have an opportunity to interact with your classmates who come from all over the world. You get to learn about their cultures and traditions.

Renowned universities

Canada is a home to many renowned universities with years of educational legacy and exemplary alumni. Universities like HEC Montreal or Queen’s University are some of the oldest business schools.

Opportunities for part-time work

The MBA students in Canada can be employed in a part time job. They can work for 20 hours per week when the classes are in session.

Opportunity to work post-study

The PGWP or Post Graduation Work Permit was brought into effect in 2003. It allows the students to work in Canada after they have completed their MBA degree program and work for 3 years.

Development in entrepreneurial skills

An MBA program in Canada arms you with leadership, and budget and diversity management skills. These are vital skills for entrepreneurs.

Top MBA Schools of Canada

The top 10 MBA colleges of Canada are listed below.

Rotman School of Management

The Joseph L. Rotman School of Management is Canada’s leading school for MBA. It is situated near Toronto’s financial district and has flexible schedules for your convenience. It helps you meet your learning goals.

Rotman offers full-time MBA programs in:

Master of Finance
One-Year Executive MBA
Global Executive MBA
Master of Financial Risk Management
Master of Management Analytics
Graduate Diploma in Professional Accounting

Fee Structure of Rotman Business School

The fee structure of the Rotman School of Management is as follows.

	Total Academic Fee	1st Year Academic Fee	2nd Year Academic Fee
Fee for International Students with Study Permit	CAD $135,730	CAD $66,210	CAD $69,520

It ranks 26 in the QS Rankings of 2022 and the acceptance rate of Rotman School of Management is 70 percent.

The Rotman School of Management offers multiple scholarships. The amount for the scholarships range from 10,000 CAD to 90,000 CAD. These scholarships are awarded to those students who show exceptional achievements in their academic and professional field.

Placements

The starting salary of Rotman MBA graduates is 100,000 CAD.

Queen’s School of Business

The Smith School of Business is the center of Canada’s most credible undergraduate business studies, much commended MBA programs, and various other excellent graduate programs. It is also known as one of the largest and most esteemed schools of executive education.

Queen’s School of Business offers MBA in

Executive Coaching
Finance
Healthcare Management

Fee Structure for MBA in Queen’s University

The fee structure for the 16 months long MBA study program is given as follows.

Fee for International Students
Upon Acceptance	2,000 CAD
Fall Term	15,585 CAD
Winter Term	17,586 CAD
Summer Term	17,586 CAD
Fall Term	17,586 CAD
Student Activity Fee	2,330 CAD
Total	72,673 CAD

The Queen’s University ranks 10^th among the Universities in Canada and is acceptance rate is 42 percent.

The Queen’s University offers scholarship of the amount 4,000 CAD to 20,000 CAD for Indian students.

Placement

The graduates of the Smith School of Business go on to become marketing managers or coordinators, project manager, or are in the executive management team. The salary ranges from $43,000-$123,000.

Ivey Business School

The Ivey Business School is one of the top most business school in Canada. It has business schools in Canada as well as Hong Kong.

It is credited with starting the country’s first MBA and PhD study program in Business.

Ivey Business School was established in 1922, and the school offers

MBA
Executive MBA
Accelerated MBA

Fee Structure

The fee structure of the MBA program is given as follows.

School	Ivey
Duration	One Year
Total Tuition	$120,500
Supplies & Fees*	$5,320
Living Expenses**	$22,500
Program Cost Sub-Total	$148,320

The acceptance rate of the Ivey Business School is approximately 8 percent.

The scholarship in the business school range from $10,000 to $65,000. There are no specific criteria for the scholarship but every students applying for Ivey Business School need to fill the section of scholarships in the online MBA application for admission.

Placements

Renowned companies like Amazon, Apple, BMW, and many others recruit from the business school of Ivey.

McGill University

The McGill University is located in Montreal and ranks among the most prestigious universities of Canada. It attracts thousands of foreign national students from more than 150 countries per year.

It has the most number of PhD students than any research university in Canada.

The University MBA programs in

Master of Management in Analytics
Master of Management in Finance
Master of Management in Retailing
Master of Management in Global Manufacturing and Supply

Fee Structure for the MBA Program

The fee structure of the MBA program at McGill University is given as follows.

Fee structure	Amount in CAD
Tuition	21,006 CAD – 56,544 CAD
Books & Supplies	1,000 CAD
Ancillary Fees	1,747 CAD – 4,695 CAD
Health Insurance	1,047 CAD
Total Cost	24,800 CAD – 63,286 CAD

The McGill University ranks 27 globally and is among the top 3 universities of Canada. Its acceptance rate is 46. 3 percent.

The MBA full-time scholarships can range from 2000 CAD to 20,000 CAD. The scholarships are awarded to students with academic merit.

Placements

The graduates of the McGill University were employed by Walmart, Christian Dior, Deloitte, KPMG, and the like.

Schulich School of Business

The Schulich MBA will arm you with the required knowledge and skills for leadership you need to have an edge. The MBA program offers specialization in seventeen areas of management functions, special business issues, and various sectors of industry.

The MBA programs offered by this school are:

MBA
Executive MBA
Master in Business Analytics
Masters in Finance
Post-MBA Diploma in Advanced Management

Fee Structure at Schulich School of Business

The fees of the MBA program at Schulich School of Business is given as follows:

MBA program	Fees
International Students per term	26,730 CAD
Estimated Program Total	106,900 CAD

The acceptance rate of Schulich School is 25-30 percent.

This business school offers scholarships of the amount 20,000 CAD to 40,000 CAD to meritorious students.

Placements

A degree of MBA in York University opens up a wide range of avenues for you. The alumni have been job opportunities by the most renowned companies like Deloitte, Amazon, P&G, IBM, Canadian Imperial Bank of Commerce, and the like. More than 140 companies have hired MBA or International MBA students from Schulich.

The average salary the graduates receive from this business is approximately 68,625 USD per year.

Sauder School of Business

The Sauder School of Business is a center for learning, teaching, and research. It has been ranked in the best MBA schools in Canada. The sixteen month full-time MBA has one of the most culturally diverse campus in Canada.

The programs offered in Sauder School of Business are

MBA
Professional MBA
International MBA

The average fee is 90,057 CAD

Fee structure of Sauder School of Business

The fee structure of the above mentioned business school is given as follows.

Fee structure	Amount in CAD
Professional MBA Tuition	90,057 CAD
Student Fees	2,600 CAD
MBA Student Building fee	1,600 CAD
Textbooks, course fees, supplies	3,000 CAD
International Student Medical Insurance	500 CAD
Estimated Subtotal	97,757 CAD

The acceptance rate of Sauder School of Business is 6 percent. It ranks quite high in the QS rankings of Canada and globally placed in the 2^nd and 5^th position, respectively.

The scholarships offered by the business school ranges from $2,500 to $10,000.

Placements

The MBA study program in British Columbia is designed to enable students for employment in the private or public sector of managerial professions. The graduates are employed at Nestle, Amazon, TD, RBC, Telus, BMO, CIBC, Avigilon, Lululemon, Labatt, and the like.

The recurrent job titles after graduation from UBS includes:

Senior Manager in Strategy
Senior Manager in Value Creation Services
Project Manager
Retail Solutions Manager
Management Consultant

Alberta School of Business

The Alberta School of Business offers one of the best MBA program from skilled instructors. The skills and experiential learning in this business school makes you stand out of your peers.

The programs offered by Alberta School of Business are:

MBA
Executive MBA
MBA in Financial Management
Masters of Accounting

Fee Structure of Alberta School of Business

The fee structure of Alberta School of Business is given as follows:

Fee structure	Costs involved
Tuition & Fees 1	4,676.55 CAD
Books & Materials	500 CAD – 800 CAD
Campus Accommodation	500 CAD – 1500 CAD /month
Food/Living Expenses	300 CAD /month
Transit Pass	153 CAD (U-Pass)
Total	42,500 CAD – 65,000 CAD

The Alberta School of Business ranks 7 in Canada in the QS Rankings and its acceptance rate are 51 percent.

John Molson School of Business

The business school of John Molson helps its students develop business leaders for the next generation. The MBA program of John Molson offers flexible schedule so that they give their best while being taught by experienced instructors.

The programs offered in John Molson School of Business are

Full time and part time MBA
Executive MBA
MBA in Investment Management

The average fees is 47, 900 CAD

According to the QS Rankings, John Molson ranked among the top 3 in Canada and the acceptance rate is 40 percent.

HEC Montreal

HEC Montreal was established in 1907 and is considered the first management school of Canada. The school offers MBA in

MBA
Executive MBA
MBA in Financial Services and Insurance

The average fees for doing MBA in HEC Montreal is 54,000-59,000 CAD

It ranks 3^rd in Canada according to the QS Ranking and 38 percent.

HEC Montreal offers a scholarship to students who perform well academically, who need financial aid, and to international students.

Placements

The graduates of HEC Montreal are employed in the best companies. McKinsey, Deloitte, Morgan Stanley, and KPMG are some companies that hire from this university.

The MBA graduates have an average salary of 99,121 CAD.

Dalhousie University

The unique MBA programs in the Dalhousie University offer options when it comes to development in career.

The programs are characterized by well-acclaimed instructors delivering relevant, practical, and experiential learning that can be applied to your job on a day-to-day basis.

The Dalhousie University offers MBA programs in

Corporate Residency MBA
MBA Financial Services
MBA Leadership

Fee Structure of Dalhousie University

The fee structure for the MBA program at Dalhousie University is as follows.

Program	Fees
M.B.A Financial Services	13, 645 CAD
M.B.A Leadership	13, 645 CAD
MBA	MBA

According to the QS ranking, the Dalhousie University has a ranking of and its acceptance rate is 60-70 percent.

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Top 5 MBA Colleges in Canada

Top Colleges

HEC Montréal

York University

Queen’s University

University of British Columbia

Desautels McGill University

University of Toronto

University of Alberta

John Molson School of Business

Ivey Business School

Beedie School of Business

University of Ottawa

Edwards School of Business

Ryerson University

McMaster University

University of Victoria

University Canada West

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FAQ

How much does MBA in Canada cost?

Generally, the tuition fee for doing MBA in Canada costs around 30,000 CAD to 40,000 CAD. But it varies based on the university and course you choose.

How can I do MBA in Canada without GMAT?

There are few colleges in Canada like Ivey School of Business, Smith School of Business, and Schulich School of Business that accepts students without a GMAT score.

How can I do MBA in Canada without work experience?

Some universities of Canada offer MBA without work experience like York University and Queen’s University.

Is Canadian MBA valid in India?

People who don’t want to work in Canada can come back to India after completing their course, the Canadian MBA degree is valid in India as well as other countries also.

Is IELTS enough for doing MBA in Canada?

IELTS is mandatory for pursuing MBA in Canada. International students require a score of 8.5 and above to get admission in the top Canadian MBA universities.