10 Best Universities in Canada for MBA: Admission Requirements, Eligibility, Cost and Placements

10 Best Universities in Canada for MBA: Admission Requirements, Eligibility, Cost and Placements

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Canada is home to 8 top universities offering MBA in the world as QS World Rankings 2022. The country is popularly known for its MBA courses due to its friendly immigration policy and world-class quality education. Canada offers a wide range of MBA courses comprising part-time MBA, Full-time MBA, and Executive MBA. To secure admission into top universities offering MBA in Canada, students are required to submit a minimum of 6.5 bands in IELTS, 550 in GMAT, and 2 years of work experience.

For an Indian student, pursuing MBA in Canada from tier-1 universities will cost between 70 lakhs to 80 lakhs whereas students can also enroll in affordable universities. After graduation, students are recruited in industry giants such as KPMG, Deloitte, Accenture, and others. The top universities in Canada like UToronto and Alberta offer jobs in MBA with average salary packages up to 134,000 CAD.

Types of MBA Offered in Canada

Canadian universities offer a variety of MBA courses comprising part-time MBA, Full-time MBA, Executive MBA, and more. Some of the top MBA programs offered in Canada are mentioned below.

  • Part-time MBA courses – Part-time MBA courses are best suited for students who are willing to pursue jobs with their studies. Part-time MBA courses are generally for the duration of 3-4 years.
  • Full-time MBA courses – Full-time MBA courses are generally for the duration of 2 years. Most of the universities in Canada accept GMAT tests as the admission criteria for full-time MBA courses.
  • Executive MBA – Executive MBA is mainly for the corporate executives, who have experience of a minimum of 8 years. This course helps them to enhance their knowledge and future advancement.
  • Joint-MBA degree courses – For students planning to pursue other courses with MBA, then joint-MBA degree courses is the right option for them.
Full-time MBA Executive MBA One-year MBA

10 Best Universities in Canada Offering MBA Courses

There are many universities that offer different MBA courses in Canada. The course fees and application deadlines are as follows:

University Tuition Fees (INR) Application Deadline
University of Alberta 21 lakhs 1 October 2021- 15 April 2022
University of Toronto 52 lakhs Early round : 3 September 2021Round 1: 4 October 2021Round 2: 10 January 2022Round 3: 7 March 2022Round 4: 25 April 2022
Queen’s University 78 lakhs Rolling Basis
McGill University 74 lakhs Round 1: 1 November 2021Round 2: 15 January 2022Round 3: 15 March 2022
University of Western Ontario 90 lakhs Rolling Basis
York University 80 lakhs Round 1: 28 October 2021Round 2: 10 February 2022Round 3: 31 March 2022Round 4: 19 May 2022
HEC Montreal 40 lakhs Round 1: 15 November 2021Round 2: 15 January 2022Round 3: 15 March 2022Round 4: 15 May 2022
Dalhousie University 61 lakhs Round 1: 14 January 2022Round 2: 28 February 2022Round 3: 22 April 2022
University of Canada West 27 lakhs Round 1: 14 February 2022Round 2: 16 May 2022
University of British Columbia 67 lakhs 5 April 2022

Click below and find about Top 5 Colleges in Canada 2023

MBA in Canada: Eligibility

To Pursue MBA in Canada, international students are required to submit documents and eligibility requirements. Some of the common requirements are mentioned below.

  • A minimum of 2 years of work experience
  • 3-4 years bachelor's degree from a recognized university of any country
  • English language proficiency tests accepted in Canada are IELTS and TOEFL.
  • For MBA courses in Canada, some universities need GMAT scores.
  • Academic degree
  • LOR
  • Statement of Purpose
  • Canada Student Visa

MBA in Canada: University Specific Admission Requirements

Every university has its own admission requirements for an MBA in Canada. The top 10 universities in Canada with admission requirements are tabulated below.

University Work Experience LOR GMAT/GRE UG Scores English Language Proficiency Test Scores
University of Toronto Min 2 years Required Min 550 Min 4 years of a bachelors degree from recognized university IELTS|TOEFL-100
Queen’s University Min 2 years Required Min 600 Min 75% marks in bachelors IELTS-7 |TOEFL:103
Mc Grill University Min 2 years Required GMAT scores not mentioned Bachelors degree from recognized university IELTS -7|TOEFL -100
University of Western Ontario Min 2 years Required GMAT scores not mentioned Bachelors degree from recognized university IELTS-6.5
York University Min 2 years Required GMAT scores not mentioned 2-3 full year bachelors degree from recognized university IELTS-6.5|TOEFL-83
HEC Montreal Min 3 years Required GMAT min 570, recommended 630 Bachelors degree from recognized university IELTS-7|TOEFL-95
Dalhousie University Min 2 years Required GMAT waived Bachelors degree from a recognized university IELTS -6
University of Canada West Min 2 years Required GMAT scores not mentioned Bachelors degree from recognized university/ GPA 3 IELTS-6.5|TOEFL -88
University of British Colombia Min 2 years Required Min 550 Min 4 years of a bachelors degree from a recognized university IELTS - 7

Scope After MBA in Canada from 10 Best Universities

An international student moving abroad to pursue MBA in Canada is always concerned about the job prospects of country. The top universities in Canada offering MBA offer great salary packages to students. Hence, the 10 best universities for MBA jobs in Canada with average salary packages are tabulated below.

University Average Salary Package (CAD)
University of Alberta 123,000
University of Toronto 134,000
Queen’s University 122,000
McGill University 149,000
University of Western Ontario 135,000
York University 178,000
HEC Montreal 99,121
Dalhousie University 100,000
University of British Columbia 110,000

In today's world, an MBA is one of the most popular business degrees. In fact, students are in high demand in the professional world, in addition to the trending aspect of an MBA. Business associates with an MBA are in high demand in corporate organizations.

FAQ

Ques. What type of MBA courses are offered in Canada?

Ans. Canadian universities offer a variety of MBA courses comprising part-time MBA, Full-time MBA, Executive MBA, and Joint-MBA degree courses with different durations.

Ques. Why is Canada the most preferred study abroad destination?

Ans. Canada is one of the most preferred studies abroad destinations for MBA courses for its friendly immigration policy and world-class quality education. More than 10 universities of Canada are featured among the 150 best universities in the world. This is what makes Canada one of the most preferred study abroad destinations for an MBA.

Ques. Is GMAT/GRE exam score needed for MBA in Canada?

Ans. Yes, most of the universities require GMAT or GRE scores for MBA admissions. The GRE scores may vary depending on the universities requirement.

Ques. What are the Eligibility Criteria and admission requirements to apply for MBA courses in Canada?

Ans. For taking admissions in MBA courses of Canadian Universities, international students need to follow some eligibility criteria. The admission requirements and eligibility criteria are academic degrees, LOR, Statement of Purpose, Visa documents, IELTS/TOEFL certificate, and GMAT scores.

Ques. Do Canadian Universities provide scholarships to international students for MBA courses?

Ans. Yes, every Canadian University provides financial aid to international students (pursuing MBA courses)in form of various scholarships. These scholarships are based on the financial need and the academic performance of the students. The MBA scholarships vary for different universities.

Ques. What are the deadlines of the best universities providing MBAs in Canada?

Ans. All the best universities providing MBA in Canada differ. Generally, they have different rounds for application deadlines. Deadlines start from Oct-Nov2021 and end by April-May2022 for most of the universities.

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