MBA in Canada for Indian Students
MBA (Master in Business Administration) in Canada is one of the top destinations to pursue a degree in business and management. As per the QS World University Ranking, the top 104 universities are based in Canada. The country has 92 institutions, 175 technical institutes and colleges that offer professional, academic and vocational programs for international students.17 Canadian universities are ranked in the top 500 of the QS World University Rankings 2020.
The country attracts a large number of international students through its booming economy and cultural diversity. MBA universities in Canada offer world-recognized curricula to international students. Business programs offered by Canadian universities boost the earning potential.
MBA in Canada: Quick Highlights
Follow the quick highlights for MBA in Canada:
Particulars | Details |
Degree Awarded | MBA |
GMAT or GRE | Yes, Required |
IELTS/TOEFL | Yes, Compulsory |
Course Duration | 1 or 2 years |
Annual Fees | Starts from Rs. 9 lakhs |
Language of Teaching | English Language |
Job Offered | Manager, Analyst, HR, Finance, Marketing, Banks |
Why Study MBA Course in Canada?
Following are the top benefits of studying MBA in Canada for Indian students:
- MBA universities in Canada are globally recognized with a well-developed curriculum.
- Business programs offered by the Canadian university provides excellent career opportunities from all parts of the world.
- Admission to MBA in Canada is simple or you can apply for direct admission at an affordable cost.
- Canada has a multicultural society that allows outsiders to experience the culture of the world.
- The country has world-class business schools having renowned professionals, professors who offer quality education to international students.
Eligibility Criteria
Following is the eligibility criteria required for applying MBA in Canada:
- The applicant must have a bachelor’s degree from a recognized university.
- The candidate who has the relevant work experience in the respective specialization is also eligible to apply.
- Applicants must have a good GMAT score while applying for an MBA in Canada.
- The applicant needs to clear English proficiency tests like IELTS or TOEFL for applying for the MBA in Canada.
Admission Process (2022-23): Applying for an MBA in Canada
For applying MBA in Canada, the applicant needs to apply 15 to 18 months before the commencement of the academic year of respective MBA universities in Canada:
Following are the basic steps required for applying MBA in Canada:
Step 1: Select colleges and courses.
Step 2: Visit the official portal of the university and register for the respective course of application.
Step 3: Apply for the entrance exams like GMAT, GRE, IELTS, TOEFL.
Step 4: Pay enrollment expenses.
Step 5: Application review will be conducted in between 2-3 weeks after the date of application.
Step 6: Get an invitation letter via email.
Step 7: Mark the confirmation of the seat by paying a substantial amount of tuition fees.
Step 8: Apply for the student visa Canada.
Step 9: Report the date of arrival at the Canadian university.
Document Required for Applying MBA in Canada
Following is the document checklists required for applying MBA in Canada:
- Copy of Academic records (10+2 mark sheets)
- GMAT Scores
- IELTS/TOEFL certificates
- Financial Statements
- Bank Statements
- Work Experience (If required)
- Letter of recommendations (letter from the previous university)
- Statement of Purpose
- Copy of Passport
- Passport size photographs
Scholarships Offered for Studying MBA in Canada
Following are the scholarships offered for studying MBA in Canada:
University of Waterloo Graduate Scholarship
University of Waterloo Graduate Scholarship
The scholarship awarded to meritorious students of the graduate’s studies by the University of Waterloo.
Ontario Graduate Scholarships
Ontario Graduate Scholarships
The scholarship is awarded to doctoral and master students funded by the government.
Central Sector Scheme of National Overseas Scholarship
Central Sector Scheme of National Overseas Scholarship
The scholarship is awarded to international students who want to pursue a degree at a master and doctoral level.
Go Clean Scholarships
Go Clean Scholarships
It is the merit-based scholarship awarded to international students who want to pursue their higher studies abroad.
Cost of Living
Following is the cost of living in Canada:
Particulars | Cost in INR | Cost in USD |
Accommodation | 40,000 - 50,000 | 680 - 850 |
Food | 15,000 - 20,000 | 250 - 340 |
Transport | 5,000 - 8,000 | 85 - 135 |
Note: 1 CAD $ = 58.50 Rs (for calculation purpose)
About Canada
- After Russia, Canada is the 2nd largest country in the world.
- The country is bordered by three oceans like Pacific, Atlantic, and Arctic and is situated in the top half of North America.
- It has the most impressive geographic features including more than 2 million lakes and vast mountain ranges.
- It is a multicultural and diverse country that represents 250 ethnic origins and ancestries.
- Federal government institutions and other business schools offer bilingual courses for international students.
- Business schools in Canada are well-known for their excellent academic structure and for their great infrastructures.
Top MBA Universities in Canada: Fee Structure (2022-23)
Following is the low fee structure of top MBA Universities in Canada:
Name of the Institute/University | Fees Per Year |
University of Ottawa | Rs. 23,78,652 |
University of Canada West ( UCW ) | Rs. 15,36,5680 |
University of Saskatchewan | Rs. 32,67,565 |
Carleton Universit | Rs. 32,65,876 |
University of Windso | Rs. 20,46,684 |
University of New Brunswick | Rs. 10,98,469 |
Laurentian University | Rs. 21,71,9905 |
Trinity Western University | Rs. 14,37,757 |
Royal Roads University | Rs. 20,69,07 |
HEC Montreal | Rs. 32,15,0345 |
Course Duration of MBA in Canada
The MBA course duration in Canada is of 1 or 2 years. The details about the MBA course durations are discussed below.
- MBA in Canada lasts for a duration of 1-2 years.
- The courses taught in the English language.
- During the course of the study, students are subjected to an advanced training program as conducted by the MBA universities of Canada.
MBA Syllabus: Applying for MBA in Canada
Following is the MBA syllabus taught while studying MBA in Canada:
1st Semester | 2nd Semester |
Managerial Micro and Macroeconomics | International Business |
Managerial Data Analysis | Operations and Supply Chain Management |
World of General Manager and Strategic Management | Marketing Management |
Management Skills and Organizational Behavior | Financial and Managerial Accounting |
3rd Semester | 4th Semester |
Business Simulation | Entrepreneurship and Leadership |
Strategic Management of Information Technology | Human Resource Management |
Business Simulation | Project Management |
Final Project | Managerial Finance |
Types of MBA Program in Canada Offered
Following are the programs offered for studying MBA in Canada:
1 Regular MBA
The period of the MBA program is 2 years. The course includes the study of business fundamentals such as accounting management, strategy analysis, management statistics and data analysis.
2 Specialized MBA
The duration of the MBA program is 1 year or less. The MBA programs are also known as a corporate MBA or a customized MBA program.
3 Combined MBA
The duration of the MBA program is 4 years. The students can opt for a combined MBA program while pursuing the study in other disciplines.
Career Opportunities for Studying MBA in Canada
There is an enormous number of career opportunities available after completing an MBA studies from Canada:
MBA graduates are paid highest among the graduates of other disciplines. They can work in various sectors:
- Health Industry
- Accounting and Consultancy
- IT Services
- Oil and Gas
- Education
The Canadian government also offers job opportunities to the number of MBA graduates. Management graduates can also work in technical management, sales, marketing, product and project management.