Top 10 MBA Schools In Canada With Tuition Fees
MBA programs are offered in institutes, faculties, colleges, and schools throughout Canada.
Each MBA program may indeed have a few more unique requirements for enrollment.
These prestigious schools are leaders in academic achievement, equipping professionals and students for prosperous careers in the dynamic field of management accounting.
Because Canada is still one of the world’s economic superpowers, there is a greater need than ever for qualified MBA leaders.
The MBA schools on our list are well-known for their top-notch instructors, cutting-edge facilities, and wide selection of programs, which appeal to students from both domestic and foreign countries looking for an elite MBA education.
After providing you with an overview, allow us to tell you the key information you should be aware of to apply to the top MBA programs in Canada.
Why You Should Pursue Your MBA in Canada
It is well-known that Canada has emerged as a popular choice for those seeking higher education.
Students who want to pursue an MBA in Canada would find it suitable due to its simple immigration process, cosmopolitan atmosphere, easily accessible road to obtaining Permanent Residency (PR), and accessible citizenship process.
Let’s now examine some of the main arguments in favor of choosing this nation as the location of your MBA.
1. Multicultural Environment: An estimated 500,000 foreign students come to Canada each year to further their studies.
This nation offers a genuinely multicultural society because of its diversified population.
You would also be able to learn, train, and make the most money possible in an atmosphere of peace, stability, and less crime.
2. Reasonably priced: Compared to studying for an MBA in the USA, obtaining one in Canada will be less expensive.
The annual cost of an MBA in Canada ranges from 10,000 to 35,000 CAD, which is a significant difference of approximately 10,000 US dollars compared to the average of 45,000 USD.
Compared to many educational destinations, Canada has substantially reduced living and study expenses.
3. High-quality education: The top MBA programs in Canada combine high-quality instruction with internationally recognized degrees.
This aids in making the most of your education to secure the finest employment prospects. It also implies a higher return on investment for MBAs.
It also means that among the most sought-after choices for MBA hopefuls are Canada’s best universities.
4. Accessible Visa and Citizenship Option: You don’t have to spend hours filling out papers to enter Canada.
You should consider selecting Canada as your MBA location because it offers a comparatively simpler route to obtaining Canadian citizenship and permanent residence.
5. Employment prospects: Similar to other MBA programs, Canadian universities work with several top organizations to improve their curricula and place their students in top positions.
It may surprise you to learn that more than fifty Canadian colleges have business co-ops, which enable students to work productively in their profession while earning compensation.
Additionally, during the ordinary academic term, you are permitted to work for up to 20 hours per week—on or off campus—without a work permit, provided you are a full-time student and have successfully obtained a study permit.
International students can work up to 40 hours a week during the school year’s holidays, providing them with invaluable practical experience.
6. Scholarships: Based on your academic record, the majority of Canadian B-schools grant entrance grants.
Your eligibility for these scholarships will be based on your academic standing as well as the leadership skills you have demonstrated through your activities, work experience, and education.
Based on the GMAC poll, there has been a significant change in the number of people deciding to pursue an MBA in Canada.
A rise of 7.7% from 2019 is evident. This means that, in addition to providing you with exposure to the industry and top-notch education, an MBA from a B-school will help you get your ideal career.
Now that you are aware of the financial benefits of earning an MBA in Canada, let’s concentrate on the top MBA schools in the country.
Top 10 MBA Schools In Canada With Tuition Fees
1. University of Toronto – Rotman School of Management
Ranked among the best MBA programs in the world and Canada is the University of Toronto’s Rotman School of Management.
The curriculum is meant to get students ready for positions of leadership in the corporate sector.
Consulting, finance, marketing, and entrepreneurship are among the options available to students.
For Canadian citizens and permanent residents, the full-time MBA program costs CAD 135,680 in tuition; for overseas students, it costs CAD 152,680.
2. Western University – Ivey Business School
Another prestigious MBA program in Canada is Western University’s Ivey Business School. Full-time MBA program is offered, with a one-year completion time.
With a variety of experiential learning opportunities, the program aims to give students a strong foundation in business basics and real-world experience.
For Canadian citizens and permanent residents, the full-time MBA program costs CAD 103,500 in tuition; for international students, it costs CAD 120,000.
3. The University of British Columbia – Sauder School of Business
One of Canada’s top business schools is the University of British Columbia’s Sauder School of Business.
The full-time MBA program that it provides can be finished in sixteen months. The curriculum is meant to give students a strong foundation in business principles as well as chances to hone their leadership and collaborative abilities.
For Canadian citizens and permanent residents, the full-time MBA program costs CAD 68,000 in tuition; for international students, it costs CAD 94,500.
4. McGill University – Desautels Faculty of Management
Located at McGill University, the Desautels Faculty of Management is one of Canada’s most renowned business schools.
A full-time MBA program that takes 20 months to finish is offered. The curriculum is meant to provide students with a strong foundation in the principles of business as well as chances to specialize in several fields, such as marketing, finance, and entrepreneurship.
For Canadian citizens and permanent residents, the full-time MBA program costs CAD 100,950 in tuition; for overseas students, it costs CAD 108,250. 
5. York University – Schulich School of Business
One of the best business schools in Canada is York University’s Schulich School of Business. It provides a full-time MBA curriculum that takes 16 to 20 months to finish.
The curriculum aims to provide students with a strong grounding in the principles of business as well as the possibility to specialize in a range of fields, such as strategy, marketing, and finance.
For Canadian citizens and permanent residents, the full-time MBA program tuition is CAD 89,000; for international students, it is CAD 120,900.
6. Queen’s University – Smith School of Business
One of Canada’s top business schools is Queen’s University’s Smith School of Business. It provides a full-time MBA curriculum that takes 12 to 16 months to finish.
The curriculum is meant to provide students with a strong foundation in the principles of business as well as chances to specialize in several fields, such as marketing, finance, and entrepreneurship.
For Canadian citizens and permanent residents, the full-time MBA program costs CAD 105,000 in tuition; for international students, it costs CAD 126,500.
7. The University of Alberta – Alberta School of Business
One of Canada’s best business schools is the University of Alberta’s Alberta School of Business.
A full-time MBA program that takes 20 months to finish is offered.
The program’s objectives are to give students a strong foundation in business principles and the chance to specialize in a variety of fields, such as finance, entrepreneurship, energy and the environment, and energy and the environment.
For Canadian citizens and permanent residents, the full-time MBA program costs CAD 50,040 in tuition; for international students, it costs CAD 79,328.
8. Concordia University – John Molson School of Business
In Canada, Concordia University’s John Molson School of Business is a reputable business school. It provides a full-time MBA curriculum that takes 16 to 20 months to finish.
The curriculum is meant to provide students with a strong foundation in the principles of business as well as chances to specialize in several fields, such as marketing, finance, and entrepreneurship.
For Canadian citizens and permanent residents, the full-time MBA program costs CAD 43,500 in tuition; for international students, it costs CAD 59,500.
9. University of Ottawa – Telfer School of Management
One of Canada’s top business schools is the University of Ottawa’s Telfer School of Management.
It provides a 12-month full-time MBA curriculum for students to finish. The curriculum is meant to provide students with a strong foundation in the principles of business as well as chances to specialize in several fields, such as marketing, finance, and entrepreneurship.
For Canadian citizens and permanent residents, the full-time MBA program costs CAD 29,954 in tuition; for international students, it costs CAD 51,768.
10. HEC Montreal
In Canada, HEC Montreal is a reputable business school that provides a variety of graduate, undergraduate, and executive education programs.
It provides a full-time MBA curriculum that takes 12 to 16 months to finish.
The curriculum is meant to provide students with a strong foundation in the principles of business as well as chances to specialize in several fields, such as marketing, finance, and entrepreneurship.
For Canadian citizens and permanent residents, the full-time MBA program costs CAD 35,500 in tuition; for international students, it costs CAD 53,000.
Eligibility Criteria
Educational requirements: A bachelor’s degree in any field from an accredited university is required of candidates. A minimum grade point average, or GPA, may be required by certain universities.
Job experience: For their full-time MBA programs in particular, several universities provide preference to applicants who have prior job experience.
While the amount of work experience required varies by university, most programs demand a minimum of two to three years of work experience.
Exam results: GMAT (Graduate Management Admission Test) and GRE (Graduate Record Examination) results must be submitted by candidates.
The Common Entrance Test (CET) of the Graduate Management Admission Council (GMAC) or the Executive Assessment (EA) may also be accepted by certain universities.
English language proficiency: Test results from standardized English language proficiency assessments, such as the Pearson Test of English, the TOEFL (Test of English as a Foreign Language), or IELTS (International English Language Testing System), must be submitted by international students to prove their proficiency in the language.
Essays, reference letters, and interviews: As part of the admissions process, many institutions demand that applicants turn in essays and recommendation letters and attend an interview.
These elements assess the applicant’s capacity for leadership, communication abilities, and general program fit.
FAQs
What is the average duration of an MBA program in Canada?
The majority of full-time MBA programs in Canada last between 12 and 24 months to finish, depending on the university and program design.
Do any online or part-time MBA programs exist in Canada?
Yes, a lot of Canadian colleges provide online and part-time MBA programs that let students work while they study.
What is the typical price in Canada for an MBA program?
Depending on the university and curriculum design, the cost of an MBA degree in Canada varies. Canadian MBA programs typically cost between CAD 20,000 and $100,000.
Can foreign students who have completed an MBA degree find employment in Canada?
Indeed, after earning their MBA, foreign students are eligible to work in Canada. After finishing their courses, they could be able to apply for a post-graduation work permit, which would let them work in Canada for a maximum of three years.
Which specializations are most popular in Canadian MBA programs?
The following are some of the most sought-after specializations for MBA programs in Canada: international business, marketing, finance, entrepreneurship, and leadership.
Specialized MBA programs in sustainable business, technology management, and healthcare management are offered by numerous universities.
Conclusion
To wrap up this article, we have included the top 10 MBA programs in Canada for students from both domestic and international countries in 2024.
Every university included on this list is essential to determining how MBA practices will develop in the future, both in Canada and internationally.
The breadth of MBA programs offered in Canada is reflected in the variety of specializations, curricula, and pedagogical approaches presented in this list.
A truly global perspective on MBA and MBA issues is provided by these MBA schools, which boast a diverse community of instructors and students from all over the world.
