Table of Contents
2.Types of MBA in Canada Top Canadian MBA Programs
5.Online MBA Programs offered by institutions in Canada
6.Low cost/ Budget Online Mba Canada
7.Scholarships to study MBA in Canada
8.Eligibility Criteria/ Admission Requirements to do your MBA in Canada as an International Student
9.Applying and Preparing for GMAT
10.Applying and Preparing for TOEFL
11.Tuition Fees/ Cost of MBA in Canada
12.Placements
MBA in Canada? Admissions? Requirements? And then the “Can I?” Here’s everything you need to know about doing your MBA in Canada after your Bachelor’s in Engineering (BE/ B.Tech).
Why do your MBA in Canada?
Canada is known as the land of the free and as a land of diversity and strength. The nation has welcomed immigrants’ most number and ethnicities while also offering employment and educational opportunities through flexible immigration policies. Canada offers impressive tuition and living costs, stay-back and career options, and higher education quality. The technological advancements of Canada are also well-acclaimed, making it an encouraging arena for engineering graduates. The institutions and educational system of Canada are always in the top lists of quality education global rankings.
Types of MBA in Canada - Top Canadian MBA Programs
Canadian biz schools offer a wide variety of MBA programs to ensure flexibility of time, duration, and base qualification. They are:
- Full-Time MBA/ Daytime MBA
- Part-Time MBA/ Morning & Evening MBA
- Accelerated MBA/ Fast Track MBA
- Executive MBA
- Professional MBA
- Dual Degree MBA
- Online MBA
In terms of specialization, you can choose from the following assortment:
MBA in General Management | MBA in Accounting |
MBA in Accounting and Financial Management Services | MBA in Marketing |
MBA in Finance | MBA in Innovation and Entrepreneurship |
MBA in Leadership and Change Management | MBA in Management Analytics |
MBA in International Business | MBA in Investment Banking |
MBA in Financial Services | MBA in Entrepreneurial Studies |
MBA in Entrepreneurship and Innovation | MBA in Consulting |
MBA in Business Consulting | MBA in Business Analytics |
MBA in Business Design | MBA in Business Intelligence and Data Analytics |
MBA in Business & Sustainability | MBA in Funds Management |
MBA in Financial Reporting and Analysis | MBA in Business & Sustainability |
MBA in Financial Reporting and Analysis | MBA in Brand Management |
MBA in Operations Management & Information Systems | MBA in Operations & Business Analytics |
MBA in Process and Supply Chain Management | MBA in Project Management |
MBA in Risk Management and Financial Engineering | MBA in Strategic Management MBA in Strategy & Consulting |
MBA in Strategic Business Valuation | MBA in Real Estate |
MBA in Real Estate & Infrastructure | MBA in Sport Business |
MBA in Arts, Media & Entertainment Management | MBA in Energy Finance |
MBA in Global Energy Management and Sustainable Development | MBA in Global Mining Management |
MBA in Global Management | MBA in Global Retail Management |
MBA in Organization Studies | MBA in Health Industry Management |
MBA in Health Sector Management | MBA in Health Services Management |
MBA in Public Sector & Healthcare Management | MBA in Social Sector Management |
MBA in Social Impact and Sustainability |
Top MBA Colleges in Canada
Ivey Business School’s MBA is the only Case-based reasoning (CBR) program in Canada and employs approximately 300 cases per year.
Other colleges are:
Brock University-Goodman School of Business | Simon Fraser University- Beedie School of Business |
Carleton University-Sprott School of Business | Université Laval |
Concordia University-John Molson School of Business | The University of Alberta - School of Business |
University of Montreal-HEC Montréal | University of British Columbia (UBC) - Sauder School of Business |
Rotman School of Management | University of Calgary - Haskayne School of Business |
McGill University-Desautels Faculty of Management | University of New Brunswick - Saint John Campus |
McMaster University- DeGroote School of Business | University of Toronto - Joseph L. Rotman School of Management |
New York Institute of Technology (NYIT)-Vancouver Campus | Thompson Rivers University |
Queen’s University-The Stephen J.R. Smith School of Business | University of Western Ontario- Richard Ivey School of Business |
Ryerson University-Ted Rogers School of Management | Wilfrid Laurier University - Toronto Campus and Waterloo Campus |
Saint Mary’s University-Sobey School of Business | York University- Schulich School of Business |
University of Manitoba-Faculty of Business |
Cheapest MBA in Canada
Getting to Canada can be expensive, but your course need not be. So, here are a few of the B schools that offer MBA courses for the lowest fees.
B Schools | Fees |
Memorial University of Newfoundland | $4,833 |
Saint Mary’s University - Sobey School of Business | $11,018 |
University of New Brunswick | $12,410 |
Laval University | $14,774 |
University of Victoria | $12,737 |
The University of Alberta - School of Business | $14,664 |
Simon Fraser University - Beedie School of Business | $18950 |
McMaster University | $19,868 |
University of Sherbrooke | $13,065 |
Concordia University | $27,168 |
Vancouver Island University | $25,600 |
Carleton University | $26,918 |
Online MBA Programs offered by institutions in Canada
The Athabasca University of Canada even aced the world by launching its fully interactive online MBA program way back in 1994! Other colleges include:
- Ivey Business School
- Université Laval - Faculté des sciences de l'administration
- University Canada West (UCW)
- University of Alberta
- McMaster University - DeGroote School of Business
- University of Fredericton
- University of Calgary - Haskayne School of Business
- Laurentian University
- Saint Mary’s University - Sobey School of Business
- Dalhousie University - Rowe School of Business
- Hult International Business School
- Smith School of Business at Queen’s University
- University of Guelph
- University of Victoria - Gustavson School of Business
- Queen’s University - Smith School of Business
Low cost/ Budget Online Mba Canada
The most pocket-friendly online MBA options are:
- McMaster University (offers Online Blended MBA programs for $19,164)
- University of Alberta (Part-time MBA and Executive MBA starting from $31,600)
- University Canada West (the user-friendly UCW website offers a 2-year online MBA for $35,100)
- Dalhousie University (offers Online Blended MBA programs for $47,600)
- Queen’s University (Executive MBA for $106,000 and above)
Scholarships to study MBA in Canada
But then, if you’d need financial help for your MBA course, you can either apply for one or choose a biz school that readily avails you one.
- Ontario Graduate Scholarships (OGS): You get this scholarship based on your academic excellence and can employ it to do Post-Graduate programs in the four universities of Ontario - Carleton University, Yor University, University of Windsor, and University of Waterloo.
- Narotam Sekhsaria’s Scholarships: It provides a maximum of INR 20,00,000 per student without many restrictions.
- Hani Zeini Scholarship: Provides a maximum of INR 75,530 (1,000 USD) per student without many restrictions.
- Rotman School of Management Scholarships: The Biz School offers scholarship to about 30% to 35% of the applicants admitted based on their academic excellence.
- Sauder School of Business Entrance Scholarship: Upon admission, the University of British Columbia, one among the top three Canadian universities and the top twenty globally, provides this scholarship based on merit.
- Jared J Davis Grant: Provides a maximum of INR 75,530 (1,000 USD) per student without many restrictions.
- Ritchie- Jennings Memorial Scholarship: Provides a maximum of INR 75,5300 (1,0000 USD) per student without many restrictions.
- Erasmus Scholarship: Merit-based scholarship.
- QS Undergraduate Scholarship: Provides a maximum of INR 75,5300 (1,0000 USD) per student without many restrictions.
- University of Alberta- India First Year Excellence Scholarship: Provides a maximum of INR 2,71,150 (5,000 CAD) per student without many restrictions.
The University of Alberta and the Richard Ivey School of Business also provide scholarship from the respective institutions.
Eligibility Criteria/ Admission Requirements to do your MBA in Canada as an International Student
- A decent GMAT score: GMAT/GRE score is close to mandatory for MBA in Canada. The university or B-School may relax the GMAT/ GRE score for students with excellent records and experience. GMAT score is also not necessary if (i) you have a good GPA in your Bachelors, (ii) you have work experience of more than three years, and (iii) you have a CV/Resume that speaks for you. The CV should consist of proof of internships, work experience certificates, letters of recommendation from your network, etc.
- A Bachelor’s degree or equivalent in any area of discipline from a reputed university: Since the Undergraduate degree should be of 4 years while most of our universities offer only 3-year courses, you may need to do a Masters in the meanwhile. Some universities do not accept a one-year completion of a Master’s either.
- IELTS, TOEFL, or PTE score: Mandatory to get admission at most biz schools. Some institutions, such as the University of Toronto, would accept CAE (now known as C1 Advanced) scores as well.
- A valid Student VISA
Applying and Preparing for GMAT
The seven-decade-old Graduate Management Admission Test or GMAT is the preferred entrance exam over the Graduate Record Examinations or GRE both by students and universities. The 50 topics you’ll need to cover for the GMAT session are divided into four broad sections - Quantitative Reasoning (31 questions in 62 minutes), Verbal Reasoning (36 questions in 65 minutes), Integrated Reasoning (30 minutes for 12 questions), and Analytical Writing Assessment (for which you do an essay in half an hour). The GMAC also offers two optional ten minute-breaks during GMAT. Since the exam involves a lot of math and geometry, you can stress more on the topics to have the upper hand. Educational behemoths such as Kaplan provide textbooks and workbooks for all 4 of the sections. You may choose the ones that suit you the best. You may attend the GMAT up to five times a year but no more than eight times total. Also, you must ensure that there is 16 days gap between your attempts. There are standardized test centres spread across 114 countries at the time for GMAT evaluation. Once you have completed your undergraduate eligibility for MBA in Canada, you may apply for GMAT. Just ensure that you are 18 years or 13 years old and have a letter of consent from your guardian to give the exam. The cost of registration for GMAT in India is around $250, which is almost INR 18,300.
Applying and Preparing for TOEFL
TOEFL Exam Format is as follows:
Task | Description | Approximate time |
Reading | 3-4 passages, each containing 10 questions | 54-72 minutes |
Listening | 5-7 passages, each containing 5–6 questions | 41-57 minutes |
Break | Mandatory break | 10 minutes |
Speaking | 4 tasks | 17 minutes |
Writing | 2 tasks | 50 minutes |
To attend the exam, you must be at least 18 years old. Candidates of at least 15 years of age may attend the exam after being accompanied to the hall by a parent or guardian to complete the formalities. You may need to pay $185 (around INR 14000) to get registered. You can also do the IELTS or PTE instead of TOEFL, although TOEFL is of broader acceptance.
Tuition Fees/ Cost of MBA in Canada
Average tuition costs 30000-31000. It can range from 20000 to well above 60000. You can work if you have a Labour Market Impact Assessment (LMIA) permit. Citizenship and Immigration Canada (CIC) allows international students to work and earn their livelihood.
Firms may hire you based on the Temporary Foreign Worker Program (TFWP) to fill labour and skill shortages.
Canada is known best for its job opportunities, flexibility of hours, and pays. The country’s educational institutions, including the University campuses, also hold out opportunities in the form of both On-Campus and Off-Campus jobs to support yourself. For an on-campus job, you can either work for the institution itself or a firm within or associated with the campus. What more could you ask for?
While most Off-campus jobs would require a permit, On-Campus jobs are possible without the hassles of getting one.
Placements
Most of the institutions mentioned above conduct campus placements by the end of your last semester. You need only prepare well while having good academic records. The country is also known the best for its citizens that exhibit the best of politesse and gentility. So, one can expect that once you are on your way, you may not have much trouble finding help.
We wish you the best while you cut nimbus after nimbus into the corporate skies with one wing of technological knowledge and managerial skills.