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Thunder Bay, OntarioLOCATION
Estd 1965Established Year

Master of Science [M.Sc] (Business Management)

 2 years
 full time
 on campus

Field of Study

Offered by     Faculty of Graduate Studies, Lakehead University

$ 17,080 

1st Year

International Student Tution

Check Detailed Fees

Program Description

  • MSc in Business Management at Lakehead University allows students to complete in 2 years.
  • The MSc in Management program is designed for students with degrees in business and related fields to prepare for professional careers in management.
  • Students who complete the MSc Management program will have:
    • advanced knowledge of the theoretical and conceptual components of the management disciplines.
    • be able to independently undertake original research within the domain of management disciplines.
    • be able to disseminate research findings in business contexts.
    • be able to apply research findings in business contexts.
  • Students have the option to choose between a research project or thesis stream and work closely with a faculty advisor throughout the research process.
  • The faculty of business administration accredited with AACSB.
  • Students gains advanced knowledge of theory and its practical application by conducting research within the domain of management and commerce disciplines.
  • Students have an opportunity to closely examine a particular aspect of the business while developing advanced skills in management and research. 
  • The degree also includes seminars and classes that build relevant knowledge and skills that enable the student to use the research process to translate theory and evidence to effective business practice.
  • The job opportunities after this program are Business adviser, Business analyst, Business development manager, Chartered management accountant, Corporate investment banker, etc.

    Program Highlights

    Degree Type Offered Master
    Duration2 years
    Fees$ 35,868 for 2 years
    Delivery TypeFull Time
    Admission Intake Winter (Deadline - Sep 30)
    Language Proficiency TOEFL,IELTS,PTE
    Offered by Faculty of Graduate Studies, Lakehead University
    Program Url

    Eligibility & Entry Requirement

    Academic Eligibility:

    • Students must have a four-year bachelor’s business degree or equivalent with at least second class standing.
    • GPA of at least 3.0/4.0 [B Grade].

    Indian Student Eligibility: 

    • Students must have a bachelor’s degree in Business with at least 70% of average.
    • Program-Specific Prerequisite courses completed at the senior secondary level are:
      • English
      • Math

    The submission of GRE/GMAT scores is compulsory for this program. GRE minimum test score is 300 or GMAT minimum score is 500 for this program.

    Required Document List

    Following are the required documents:

    Supervisor Information: Interested students are encouraged to contact potential supervisors directly and before submitting an application for graduate study.

    Official Transcript: Students have to submit a copy of their original official transcripts.

    Statement of Academic Intent:  outline the nature of the academic and work history, the academic and career goals, and the strengths and weaknesses of the applicant.

    ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL or other test scores.

    Graduate Studies Reference Form: Students have an electronic reference form will be automatically sent by email to the references they identify in the graduate studies application form. This form is requested in support of the applicant's ability to undertake advanced study and research

    Application Deadline

    Sep 30

    Jan 15

    Scores Required

    80 / 120

    Avg. Score in


    6.5 / 9

    Avg. Score in


    58 / 90

    Avg. Score in


    500 / 800

    Avg. Score in


    300 / 340

    Avg. Score in


    Fees & Funding

    Tution & Application Fees

    YearYear 1Year 2
    Tuition fee$17080$17080
    Total fees$17934$17934

    Living Costs

    HeadAvg Cost Per Year
    Housing and food (residence hall)$ 10,950
    Housing (townhouse)$ 7,560

    Scholarship Grants & Financial Aids

    NameAmountInternational Students EligibleApplication Deadline
    Ontario Graduate Scholarship $10,847 Yes N/A
    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
    Forte Fellowship $24,623 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
    QS Leadership Scholarship $10,000 Yes 30 Apr, 2020
    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
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    VISA & Work Study


    • There is no particular visa type to study in Canada but students require a study permit.
    • International applicants who are applying for a student visa are required to have TRV (Temporary Resident Visa) or eTA (Electronic Travel Authorization) for entry in Canada.
    • The document required for the VISA Application:
      • Valid Passport
      • Proof of acceptance by a DLI (Designated Learning Institute),
      • Medical Report.
      • Proof of financial support.

    Work Study

    An international student is working up to 20 hours per week during the academic school year and up to 40 hours per week in the summer if students are not enrolled in classes.

    Career and Placement after Course

    Followings are the career/job opportunities after MSc Business Management:

    • Business adviser
    • Business analyst
    • Business development manager
    • Chartered management accountant
    • Corporate investment banker

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