Nix Study Abroad

MBA in

Canada

MBA in Canada – Top Universities, Eligibility, Fees, Scholarship

Students from all parts of the world choose to pursue an MBA in Canada as its institutions and universities are top-ranked and have great infrastructure support with much emphasis given to Research and Development. Canadian Universities are world-famous for their comprehensive curriculum and teaching methodologies. Plus, the universities offer a spectrum of specializations in their MBA programs to cater to different career goals. An MBA in Canada uniquely prepares students on both theoretical and practical concepts of business management as well as its leadership aspect to provide students with a broad-basedglobal-minded outlook.

Canadian MBA programs focus on hands-on learning approaches through internships, co-op placements, or industry exposures. The exposure to the real world in turn gives the students first-hand experience of what it takes and how they can start building their professional network. With an MBA from Canada being a globally recognized degree, MBA graduates can have leading roles in fields like finance, consulting, technology healthcare, and others.

Why Study MBA from Canada

  • 23 business schools in Canada are ranked in the QS Global MBA Rankings 2025.
  • Diverse specializations available tailored to various career goals.
  • A multicultural environment that enhances learning and networking.
  • High employment rate and competitive salary packages for MBA graduates.
  • Opportunities for internships and practical work experience in top international companies.
  • Strong post-graduation immigration policies allowing pathways to work and residency.

Chat with our expert counsellors for Free

Eligibility to Study MBA in Canada

  • A bachelor’s degree or equivalent in a relevant field.
  • Minimum GPA requirements set by universities (varies by institution).
  • Professional work experience (2-5 years on average).
  • Proof of English language proficiency (TOEFL/IELTS scores).
  • GMAT/GRE scores as required by specific universities.
  • Statement of purpose and letters of recommendation.

Documents Required to Study MBA in Canada

  • Academic transcripts from previous institutions.
  • Valid passport copy.
  • English language test scores (TOEFL/IELTS).
  • GMAT/GRE scores (if applicable).
  • Resume/CV highlighting professional experience.
  • Statement of purpose (SOP).
  • Letters of recommendation.
  • Proof of funds for tuition and living expenses.

Book a free Counselling session

Intake to Study MBA in Canada

SemesterMonths
FallSeptember
SpringJanuary
SummerMay

Fees to Study MBA in Canada

UniversityTuition fees per year
Rotman School of Management, University of Toronto$110,000
Desautels Faculty of Management – McGill University$105,500
Ivey School of Business$129,750
Smith School of Business at Queen’s University$110,000
Sauder School of Business, University of British Columbia$103,258

Chat with our expert counsellors for Free

Cost of Living in Canada

Here is an estimate of living costs while studying MBA in Canada as per Concordia University.

ComponentCost (per month)
Books and supplies$2,843
Housing (Rent)$8,060
Internet/Cell Phone$1,040
Food$6,101
Personal expenses$1,837
Transport/Travel$1,178
Miscellaneous$500

Study Visa Cost for Canada

ComponentCost
Student Visa Application Fee$150
Biometrics Fee$85
Study Permit Extension Fee$45

Top 10 Universities to Study MBA in Canada

Name of UniversityQS RankingFees 
Rotman School of Management, University of Toronto#39$110,000
Desautels Faculty of Management – McGill University#66$105,500
Ivey School of Business#76$129,750
Smith School of Business at Queen’s University#91$110,000
Sauder School of Business, University of British Columbia#101-110$103,258
Schulich School of Business, York University#101-110$123,732
Alberta School of Business#131-140$88,000
John Molson School of Business, Concordia University#141-150$53,511
HEC Montréal#151-200$62,600
DeGroote School of Business, McMaster University#151-200$75,222

Chat with our expert counsellors for Free

Scholarships to Study MBA in Canada

Scholarship

Granted by

Eligibility Criteria

Amount

Ontario Graduate Scholarship

Government of Ontario

Strong academic record

Up to $15,000

Rotman School of Management Scholarships

University of Toronto

High GMAT scores and leadership potential

Varies

International Student Entrance Scholarship

Various universities

Academic excellence

$2,000-10,000

Scotiabank Graduate Scholarship

Various Canadian institutions

Academic excellence and financial need

Up to $10,000

Vanier Canada Graduate Scholarship

Government of Canada

Exceptional leadership skills and academic performance

$50,000 per year for up to 3 years

 

Student Visa to Study MBA in Canada

To apply for a student visa to study in Canada, you need the following things.

  • Valid passport.
  • Acceptance letter from a designated learning institution (DLI).
  • Proof of sufficient financial resources.
  • Medical examination certificate.
  • Biometrics and application processing fee.
  • Statement of intent to return to home country post-study.

Popular MBA Specializations for Canada

Specialization

Offered by

Admission Requirements

Fees

Finance

Rotman, Schulich

GMAT, work experience

~$110,000- $124,000 per year

Marketing

Sauder, McGill

TOEFL/IELTS, SOP

~$103,000- $106,000per year

Technology Management

UBC, Alberta

GMAT, relevant work experience

~$88,000- $103,000per year

Entrepreneurship

Queen’s, HEC Montréal

Resume, letters of recommendation

~$62,000- $110,000per year

 

Jobs after MBA in Canada

Graduates of MBA programs in Canada benefit from high employability and competitive starting salaries, thanks to the country’s robust economy and business-friendly environment. Post-MBA, students often find opportunities in leading industries such as finance, technology, consulting, and marketing. 

  • Business Analyst: 80,000-95,000
  • Marketing Manager: 85,000-110,000
  • Financial Advisor: 75,000-90,000
  • Operations Manager: 90,000-110,000
  • Management Consultant: 95,000-130,000

Conclusion

Choosing to study for an MBA in Canada is a strategic decision that can significantly enhance your career trajectory. With world-renowned universities, a multicultural learning environment, and strong economic stability, Canada provides an unparalleled educational experience. Graduates are equipped not only with the knowledge and skills to excel but also with the international exposure that is highly valued in today’s global job market. By pursuing an MBA in Canada, students invest in a future marked by personal and professional growth, setting the stage for success in the competitive world of business.

Book a free Counselling session

FAQs to Study MBA in Canada

Most MBA programs in Canada are 1-2 years long.

Yes, many universities offer part-time or executive MBA programs for working professionals.

Yes, international students can work up to 20 hours per week during the semester and full-time during breaks.

It typically ranges from 600 to 700, depending on the university.

Get free counselling