Study MBA in Canada

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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 for an 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 more 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 MBA courses.

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 much-needed professional and personal growth exposure. The faculty of the business schools in Canada have substantial experience in the field, and thereby, they can impart invaluable skills and knowledge to the students.

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

  • Renowned universities

Canada has many renowned universities with years of educational legacy and exemplary alums. Universities like HEC Montreal or Queen’s University are some of the oldest business schools in the world.

  • Opportunities for part-time work

MBA students in Canada can be employed in part-time jobs. They can work 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 three years.

  • Development in entrepreneurial skills

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


The top 10 MBA colleges in Canada are listed below.

1. 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

The Rotman School of Management offers multiple scholarships. 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 fields.


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

2. 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 one of the largest and most esteemed executive education schools.

Queen’s School of Business offers MBA in

  • Executive Coaching
  • Finance
  • Healthcare Management

Fee Structure for MBA at Queen’s University

The fee structure for the 16-month-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 University's acceptance rate is 47.9 percent.

Queen’s University offers scholars of 4,000 CAD to 20,000 CAD for Indian students.


The graduates of the Smith School os go on to become marketing managers or coordinators, project managers, or executive management teams. The salary ranges from $43,000-$123,000.

3. Ivey Business School

The Ivey Business School is one of the top business schools 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
DBusiness 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 scholarships in the business school range from $10,000 to $65,000. There are no specific criteria for the s. Still, every student applying for Ivey Business School must fill out the scholarship section in the online MBA application for admission.


Renowned companies like Amazon, Apple, BMW, and many others rIvey'suit from the bushel of Ivey.

4. McGill University

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

Ithighest the most number of PhD events 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 University MBA program 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

McGill University ranks 30th as per the QS World Ranking 2024. 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.


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

5. 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 industry sectors.

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 up to 20,000 CAD scholarships to 40 deserving meritorious students.


An MBA degree at York University opens up many avenues for alumshe alums. There have been job opportunities by the most renowned companies like Deloitte, Amazon, P&G, IBM, Canadian Imperial Bank of Commerce, etc. More than 140 companies have hired MBA or International MBA students from Schulich.

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

6. Sauder School of Business

The Sauder School of Business is a learning, teaching, and research center. It has been ranked among the best MBA schools in Canada. The sixteen-month Business MBA has one of Canada's most culturally diverse campuses.

The programs offered by the 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 for the business school mentioned above 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. Prettynks is relatively high in the QS rankings of Canada and globally placed in the 2nd and 5th position, respectively.

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


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

The recurrent job titles after graduation from UBS include:

  • Senior Manager in Strategy
  • Senior Manager in Value Creation Services
  • Project Manager
  • Retail Solutions Manager
  • Management Consultant
7. Alberta School of Business

The Alberta School of Business offers one of the best MBA programs from skilled instructors. This business school's skills and experiential learning make you your peers.

The programs offered by the 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 the 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 101-110 in Canada in the QS Rankings 2024; its acceptance rate is 21 percent.  

8. 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 a flexible schedule so that they give their best while being taught by experienced instructors.

The programs offered by the John Molson School of Business are

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

The average fee is 47,900 CAD

9. HEC Montreal

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

  • MBA
  • Executive MBA
  • MBA in Financial Services and Insurance

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

HEC Montreal ranks 141 in the QS Ranking 2024 and 38 percent; the acceptance rate for MBA programs is 35-40%.

HEC Montscholarships scholarship is given to students who perform well academically, who need financial aid, and to international students.


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.

10. Dalhousie University

The unique MBA programs at Dalhousie University offer options for career elopement development.

The programs are characterized by well-acclaimed instructors delivering relevant, practical, and experiential learning that can be applied daily.

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

According to the QS ranking 2024, Dalhousie University has a ranking of 298, and its acceptance rate is 60-70 percent.

Other Top Colleges for MBA in Canada
Top 5 MBA colleges in Canada


MBA - Finance MBA - Business Analytics Others





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