Pursuing an MBA in Finance in Canada is an excellent choice for an international student. As Canada is known for its high-quality education, affordable fees, and enough job opportunities, it has become as a preferred destination for international students.
Explore the various aspects of pursuing an MBA in Finance in Canada, including the top universities offering the program, eligibility requirements, the application process, and post-study work opportunities.
Pursuing an MBA in Finance in Canada offers a number of advantages. The country’s education system is known for its importance on practical learning and industry exposure, enabling students to cover the gap between theory and practice knowledge.
Additionally, Canadian universities provide a multicultural environment, promoting diversity and allowing students to build a global network. By studying in Canada, you can benefit from the country’s stable economy and connection to the international business community, paving the way for exciting career prospects.
Rank in Canada | University | Course Duration | Fees (CAD) |
1 | University Of Toronto | 2 years | 120,000 – 135,000 |
2 | University of British Columbia | 16 months | 70,000 – 95,000 |
2 | McGill University | 20 months | 90,000 – 100,000 |
3 | Simon Fraser University | 16 months | 48,000 – 60, 000 |
4 | McMaster University | 20 months | 57,000 – 89,000 |
5 | Concordia University | 20 months | 39,000 – 49,000 |
6 | University of Alberta | 20 | 48,000 – 60, 000 |
7 | University of Ottawa | 1 year | 33,000 – 61,000 |
8 | Western University | 1 year | 105,000 – 120,000 |
9 | University of Calgary | 20 months | 50,000 – 75,000 |
11 | Queen’s University | 16 months | 83,000 – 106,000 |
The students must have the following for admission in any Canadian university:
The cost of living in Canada depends on the city's area and personal lifestyle. Therefore, the Average cost of living in Canada is mentioned below.
Expense | Cost of Living (CAD) | Cost of Living (INR) |
Books and Material/year | Up to 1,670 | Up to 1 lakh |
Health Insurance/year | 550- 920 | 33,000 to 55,000 |
Food/month | 250 | 15,000 |
Transport/month | 30- 70 | 2,000-4,000 |
Entertainment/month | 140 | 8,000 |
Phone & Internet/month | 30 | 2,000 |
Things required to study MBA in Finance in Canada are:
Follow the steps to apply to any Canadian university for MBA in Finance:
After completing your MBA in Finance in Canada, you can use the post-graduation work permit (PGWP) program. The PGWP allows international students to work in Canada for up to 4.5 to 6 years, gaining valuable work experience and becoming eligible for permanent residency. This post-study work opportunity is an excellent advantage, as it enables you to apply the knowledge and skills you learned during your studies, further enhancing your career goals.
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