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CARLETON UNIVERSITY, OTTAWA, ONTARIO - PROGRAMS

Ottawa, OntarioLOCATION
UniversitySCHOOL TYPE
Estd 1942Established Year
  30416Enrollment

Master of Business Administration [M.B.A] (Financial Management)

 2 years
 full time
  English
 on campus

Field of Study

Offered by     Sprott School of Business

$ 32,475 

1st Year
Fees

International Student Tution

Check Detailed Fees

Program Description

  • Carleton University offers an MBA in Financial Management for a duration of 2 years.
  • The Sprott MBA Financial Management concentration gives the necessary tools and concepts for those who want to excel in corporate financial management.
  • The main components of the programs are:
    • Business Case Analysis and Presentations
    • Sustainable Business Development
    • Modeling Business Decisions
  • The program consists of a course work pathway option that offers an integrated core curriculum, complemented by doing specialization in Business Analytics.
  • The major areas of MBA program are:
    • Business Analytics
    • Financial Management
    • International Business
    • International Development Management
    • Management and Change
  • MBA core courses cover a cross-section of business disciplines to give students a foundation of integrated knowledge and skills needed to identify and solve complex management problems.
  • Sprott School of Business of Carleton University is AACSB Accredited.
  • Students need to have more than 2-years of professional work experience.
  • It delivers a high-quality management education with award-winning faculty delivering a challenging program that showcases the latest management tools and best practices, combined with real-world solutions. 
  • The student-faculty ratio of the MBA program is 27:1.
  • Sprott School of Business provides an internship program that provided placements for candidates to work with companies like Deloitte, CBC, and Maple Leaf Sports and Entertainment.
  • The MBA department provides the opportunity to the students (approx. 93%) to receive their first job offer within the 3 months of their graduation.
  • Job opportunities after MBA are Manager Consultant, Marketing Manager, Corporate Banking, etc and the average salary goes up to 73,800 USD.

Program Highlights

Degree Type Offered Master
Duration2 years
Fees$ 66,506 for 2 years
Delivery TypeFull Time
Admission Intake Fall (Deadline - Mar 01)
Language Proficiency IELTS,TOEFL,PTE
ExamsGMAT,GRE
Offered bySprott School of Business
Program Urlhttps://sprott.carleton.ca/programs/mba/financial-management-2/

Eligibility & Entry Requirement

Academic Eligibility:

  • Students must have a 4-year bachelor’s degree in a related field from a recognized institution.
  • The related fields include a UG degree in Marketing, Finance, Arts, Science, Government, Retail, Manufacturing.
  • GPA of at least 3.0/4.33 (B grade) which is the equivalent of 8.0/12 on Carleton’s scale is required to be eligible for the program.

Work Experience Eligibility:

Students must have a 2-years of professional work experience to apply for the MBA program.

Others:

Students without related academic experience or work experience students are also encouraged to apply, given they fulfil the following requirement:

  • Students who do not possess 2-year of professional work experience must complete the Internship portion of the MBA program.
  • Two academic recommendations from professors are required unless the candidate meets the work experience criteria.

Indian Student Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

  • Completed of both a Bachelor’s (3 years) degree and a Master’s degree.
  • Or, completed a Bachelor’s degree requiring 4 years of study (e.g., B.Pharm., M.B.B.S, or B.Arch).
  • Or, obtain a first-class division (75% or above, Distinction or Outstanding).
  • Or, complete 3-year UG from an institution accredited by either AACSB, EQUIS or AMBA.

Submission of GMAT scores is compulsory for this program, however, students may submit a GRE score too in lieu of that.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.


Required Document List

Following are the required Documents:

  • CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
  • Transcript: A PDF copy of all post-secondary transcripts within the application or in Carleton Central.
  • Letter of Reference: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
  • Statement of Intent: Explain the reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • Writing Sample: Students applying for a job, internship, may be asked to provide a writing sample that allows an employer or graduate program to judge student ability to convey a written message.
  • Preference Form: It allows students to outline their preferences for the program specialization or research area.
  • MBA complement form: Students have to fill the Complement form and upload a PDF copy in Carleton Central.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.


Application Deadline

Fall
Mar 01


Scores Required

550 / 800

Avg. Score in

GMAT

6.5 / 9

Avg. Score in

IELTS

87 / 120

Avg. Score in

TOEFL

60 / 75

Avg. Score in

PTE

309 / 340

Avg. Score in

GRE


Fees & Funding

Tution & Application Fees

YearYear 1Year 2
Tution fee$32475$32475
Health insurance$477$477
Others$301$301
Total fees$33253$33253

Scholarship Grants & Financial Aids

NameAmountInternational Students EligibleApplication Deadline
Ontario Graduate Scholarship $10,847 Yes N/A
JN Tata Endowment Scholarship Variable Yes 09 Mar, 2020
Bharat Petroleum Scholarship 2020 Variable Yes N/A
Paul Foundation scholarships $20,174 Yes N/A
Forktip Women’s- Innovation Scholarship Variable Yes 30 Aug, 2020
(ISC)² Women’s Cybersecurity Scholarships Variable Yes 19 Feb, 2021
FINCAD Women in Finance Scholarship $20,000 Yes N/A
Ontario Graduate Fellowship $8,459 Yes N/A
Aga khan Foundation Scholarships Variable Yes 31 Mar, 2020
Ellis R. Ott Scholarship for Applied Statistics and Quality Management Variable Yes 01 Apr, 2020
Collegedunia $150 Scholarship Program $150 Yes N/A
Go Clean Scholarship $3,500 Yes 31 Dec, 2020
BrokerFish International student scholarship $1,000 Yes 21 Dec, 2020
VueVille Future Technology Scholarship $1,000 Yes 30 Sep, 2020
Debesh Kamal Scholarship $1,385 Yes 30 Apr, 2020
Show More

VISA & Work Study

VISA

  • Students need a Study Visa to stay in Canada. After receiving the study permit, they can apply for the Temporary Resident Visa (TRV) or Electronic Travel Authorization (eTA).
  • The cost of the Study Visa is 112 USD and valid for the length of the study program, plus an extra 90 days.
  • At the time of VISA application, students need to provide various documents:
    • Application form and Study Plan.
    • Completed IMM 1294 (Application for Study Permit Made Outside of Canada).
    • Letter of Acceptance (Student Information for a Study Visa from Carleton University).
    • Valid Passport (photocopy or scan).
    •  Biometrics (fingerprints and photo)
    • Financial Evidence.
    • No criminal record certificate
    • Results of a medical exam.

Work Study

  • The Work-Study Program provides students a chance to get at a part-time on-campus job.
  • In On-Campus program students may work up to a maximum of 192 hours for the work-study period and earn up to a maximum of $3,000 for the fall/winter session.
  • The work-study hourly wage is $15.00/hour plus vacation pay.


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