8 minutes reading time
(1658 words)
MBA in Canada for International Students
Canada is a recognised nation for international students who want a postgraduate degree in a foreign country. Its high-quality education system and friendly environment draw the attention of many international students.
Doing an MBA in Canada will open a new world of opportunities for international students. Many students want to do a master's in business administration in Canada. Still, one thing that holds them back is a lack of financial resources.
This post will give you information about Canada's less expensive and top universities. I'll also cover the importance, types, and eligibility criteria for MBA in Canada for international students.
You will also get information about working in Canada during and after your studies.
So, let's dive into this!
Table of Contents
- Cultural Diversity
- Globally Ranked Universities
- Friendly Immigration Process
- Medical Insurance
- Post-study work permit
- Great job opportunities
- Stable economy and high-quality life
Why Pursue MBA in Canada
There are many reasons to seek your MBA degree in Canada. Some of them are given here:
Cultural Diversity
Canada is a country with many cultures. Over a half-million students go to Canada every year for their studies. Over 50 nationalities are found in Canada. You feel like your home as Canadian people are very welcoming and respect your cultural differences.
Globally Ranked Universities
Due to high-quality education, Canadian universities attract many international students. Around nine universities are ranked globally in the top 150 universities for MBA.
Friendly Immigration Process
When you aim to study abroad, you must face many visa restrictions, paperwork, and a hectic immigration process. But in the case of Canada, these things are a little easier and a simple immigration process for international students.
Medical Insurance
Your health worries and expenses are taken care of in Canada as the Canadian government covers your medical insurance.
Post-Study Work Permit
After completing your MBA degree, you can apply for the Post Graduation Work Permit Program(PGWPP). Canadian universities also allow you to work during your master's study.
Read More: Canada Student Visa Process
Great Job Opportunities
Canada is a thriving job market. As many startups and businesses start every year, there are many job opportunities for Fresh MBA graduates.
Quick Read: Job Opportunities in Canada for Sri Lankan Students
Stable Economy and High-Quality Life
Canada enjoys a reputation among international students because of its tough economy and high-quality life. It offers many facilities to newcomers and its residentials. There are many things to enjoy and places to explore along with your studies.
Types of MBA in Canada
Canadian universities offer different types of MBA. These types are classified generally based on course length. You can choose any according to your interests and requirements. There are three types of MBA:
- Full-time MBA
- Part-time MBA
- Executive MBA
Full-time MBA
The period of a full-time MBA is one to two years. In this course, students dedicate their full time to their studies. It is better for those who want to enter the job market as leaders. Students don't work during this MBA and focus entirely on their courses.
Part-time MBA
A part-time MBA is suitable for those students who want to get their MBA degree while working. The duration of a part-time MBA is generally three to six years. The classes are usually taken in the evening after work hours or on the weekend.
Executive MBA
Executive MBA is for senior management and higher-level executives with enough experience. EMBA is also suitable for entrepreneurs who have their businesses. In this MBA, students get more leadership experience than any other MBA. Its duration is generally between 20-and 28 months. One thing that is required to get admission in EMBA is prior experience. The time of this necessary experience depends on the university you are choosing for your MBA.
Eligibility Criteria for Study MBA in Canada
When you study MBA in any Canadian university, you have to meet some eligibility criteria. The requirements to take admission to an MBA are given here:
- Bachelor's or equivalent degree from a recognised university or institution is required.
- A good score on the Graduation Management Admission Test (GMAT)
- Proof of your English proficiency through an English Language proficiency test such as IELTS or TOEFL
- Previous work experience in the relevant field. Although this experience is not mandatory, it gives you an edge over other students.
- At least two letters of recommendation
- Statement of purpose
- All academic records and documents
Application Process for MBA in Canada
It is recommended that if you are applying for an MBA in Canada, you must begin the application process one or two years prior. You can easily prepare and pass your GMAT and IELTS with good scores during this time. Here, I'm sharing some points that will help you in a smooth application process:
- Do thorough research about MBA schools and universities, their offering, criteria, and facilities based on your expenses
- Prepare and pass the entrance tests required for an MBA admission, e.g., IELTS/TOEFL and GMAT/GRE.
- Find and apply for a scholarship that is best suited to you.
- Prepare your resume/statement of purpose
- Prepare all the necessary documents and start using them at the selected universities
- After you get to set, you have to prepare for an interview.
- If you pass the interview, the university will notify you about your enrollment
- After you get enrolled, apply for a Canadian student visa
Top Universities in Canada for MBA
MBA is a rewarding and high-demanding degree. As a business person, you may want to get an MBA from a top-class university to stay higher in your game and get high returns on investment.
Here are the top Canadian universities that offer MBA:
|
Sr no. |
Top MBA Universities |
QS Ranking |
Fees in CAD |
Duration |
|
1 |
McGill University |
59 |
43,000-45,000 |
12-20 months |
|
2 |
University of Western Ontario |
69 |
1,10,000 |
1 year |
|
3 |
The University of British Columbia |
94 |
58,500-60,000 |
16 months |
|
4 |
Concordia University |
121-130 |
38,000-40,000 |
16 months |
|
5 |
Dalhousie University |
151-200 |
40,000-42,000 |
1 year |
|
6 |
University of Toronto |
45 |
55,000-56,000 |
2 years |
|
7 |
Queen’s University |
66 |
88,000-90,000 |
1 year |
|
8 |
York University |
88 |
48,000-50,000 |
16-20 months |
|
9 |
University of Alberta |
101-110 |
20,000-22,000 |
20 months |
|
10 |
HEC Montreal |
141-150 |
45,000-47,000 |
1 year |
MBA Scholarship in Canada
MBA is a highly competitive and rewarding degree. Still, if you decide to get this degree from a Canadian university, it will be very costly. Canadian universities offer many scholarships for international students to bear their expenses and pursue their MBA in Canada.
A list of various scholarships for international students is given here:
| Sr no. | Scholarship Name | Value/Award |
| 1 | Ontario Graduate Scholarship | $5,000 per term up to a maximum of $15,000 per academic year. |
| 2 | University of Waterloo Graduate Scholarship | $1000 per term for up to three terms |
| 3 | Go Clean Scholarship | $3500 |
| 4 | Central Sector Scheme of National Overseas Scholarship for SC etc. Candidates | $2600 per annum |
| 5 | Hani Zeini Scholarship | $1000 |
| 6 | Haskayne School of Business MBA in Canada Scholarships | $5750 per year or $11,500 for two years |
| 7 | Ivey MBA Scholarships in Canada | from$10,000 to half tuition |
| 8 | Alberta MBA Scholarships | $10,000 |
| 9 | Sauder School of Business Scholarship | $10,000-15,000 |
| 10 | Narotam Sekhsaria’s Scholarships | Upto 26,000 |
MBA in Canada Without GMAT
The students who want to go to Canadian universities without GMAT can also get admission as some universities don't require GMAT, but you should meet other requirements if you are applying without the GMAT. Some of the main conditions are given below:
Following are the top universities offering MBA without GMAT:
- The University of Northern British Columbia
- Executive MBA at Concordia University
- Executive MBA at HEC Montreal
- Executive MBA at McGill University
- New York Institute of Technology
- Ivey Business school
- Alberta School of Business
- Part-time and Executive MBA at the University of Toronto
Related articles:
| Cost of Living in Canada | Cost of Studying in Canada |
| Study in Canada without IELTS | Canada Student Visa Requirements |
Jobs & Salary for MBA graduates in Canada
One reason behind the student's high attraction toward MBA in Canada is the job opportunities and lucrative salaries offered to the graduates after their MBA completion.
The estimated salary of an MBA graduate is 1,33,000 CAD.
Business degree holders occupy 60% of the Canadian job market. So, getting an MBA degree from Canada is a big step towards a stable career.
Work Permit After MBA in Canada
Suppose you have completed your master's in business or MBA and now want to stay and work in Canada. In that case, the Canadian government gives you this opportunity through Post Graduate Work Permit (PGWP).
After getting a work permit, you can stay and work in Canada for up to three years, depending on your study program.
If your program is for two years, you can work for an extra year. But if your program is less than two years, you can only stay for the duration of your degree.
You can also apply for a permanent residence permit if you have qualified for the Express entry program.
AECC is one of the world's leading educational consultancies with versatile expert professionals who are ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey of fulfilling your dream.
