Peter B. Gustavson School of Business: Courses, Fees, Admission 2026 & Scholarships

Peter B. Gustavson School of Business: Courses, Fees, Admission 2026 & Scholarships

Victoria, British ColumbiaLocation
SchoolSchool type
Estd1990established year
21593enrollment
Public
Partner [10 Courses]
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Naman Mittal

Updated on - Jun 2, 2026

Peter B. Gustavson School of Business is the business school of the University of Victoria, located in Victoria, British Columbia, Canada. The school is known for its innovative approach to business education and offers a range of undergraduate, postgraduate, and doctoral programs for international students.

  • Primary intake: September (Fall Intake)
  • An additional January (Winter) intake is available for selected postgraduate programs, such as the Master of Global Business (MGB)
  • Popular programs include Bachelor of Commerce (BCom), MBA in Sustainable Innovation, Master of Management (MM), Master of Global Business (MGB), and PhD in Management and Organization
  • Tuition fees vary by program and study level
  • Scholarships, awards, and bursaries are available for eligible international students
  • On-campus and off-campus accommodation options are available

For admission, students must meet the academic requirements of their chosen program. Undergraduate applicants are generally required to complete Class XII from a recognized board, while postgraduate applicants must hold a recognized bachelor's degree. International students are also required to demonstrate English language proficiency through accepted tests such as IELTS, TOEFL, PTE Academic, or other approved examinations.

The cost of living in Victoria is an important factor to consider when planning to study at Gustavson. International students can expect living expenses of approximately CAD $1,380 - 2,050 per month (₹0.95 - 1.41 Lakhs), depending on their accommodation choice and lifestyle. Since university housing is limited and allocated on a first-come, first-served basis, students are encouraged to apply for accommodation as early as possible. In addition, the University of Victoria offers a variety of scholarships and financial aid opportunities that can help eligible students reduce their overall study costs.


Peter B. Gustavson School of Business Intakes and Deadlines

The table below outlines the official intake and deadlines published by the University for international students.

Study Level Intake(s) International Application Deadline(s)
Undergraduate September (Fall) May 1 (all other undergraduate programs)
Postgraduate September (Fall) April 30 (For some courses, it may also)
Postgraduate January (Winter) August 1 (January intake)

 

Note: Some programs continue accepting applications after the published deadlines due to factors such as high demand and increased capacity.


Peter B. Gustavson School of Business Popular Courses and Fees

The university offers a wide range of business programs at the undergraduate, postgraduate, and doctoral levels. Some of the most popular courses among Indian students are:

Courses Duraction Annual Fees in CAD Annual Fees in INR
Master of Business Administration 2 Years CAD 16,172 INR 11.11 Lakhs
Master of Business Administration Sustainable Innovation 2 Years CAD 16,172 INR 11.11 Lakhs
Master of Management 1 Year CAD 27,602 INR 18.97Lakhs
Master of Global Business 1 Year CAD 30,234 INR 20.78 Lakhs
Bachelor of Commerce 4 Years CAD 37,576 INR 25.82 Lakhs
PhD Management and Organization 4 Years CAD 10,434 INR 7.17 Lakhs
International Summer Institute for Business Management 3 Weaks CAD 5,700 INR 3.91 Lakhs
Summer Graduate Business Studies 5 Weaks CAD 9,500 INR 6.53 Lakhs
International Business Program 3 Weaks CAD 6,850 INR 4.70 Lakhs

For more information, check out the Peter B. Gustavson School of Business Courses and Fees


Peter B. Gustavson School of Business Admission Requirements

Indian students must meet specific academic and English language requirements to be admitted to Gustavson programs.

Undergraduate Admission Requirements (BCom):

  • Academic qualification: 12th pass (Class XII) from CBSE, ISC, or state board
  • Minimum grades: High school average of 70% or higher
  • English language proficiency: IELTS 6.5 (no component less than 6.0) OR TOEFL 79+ (no sub-score less than 17)
  • Additional requirements: Some programs may require supplementary application materials
  • Entrance exams: SAT, ACT, or AP exam results accepted in place of entrance exams

Graduate Admission Requirements (MBA/MGB):

  • Bachelor's degree: 4-year bachelor's degree from a recognized institution
  • Minimum GPA: Equivalent of minimum "B" grade (3.0/4.0 or 70%+)
  • Work experience: An MBA requires 5+ years of full-time work experience
  • GMAT/GRE: GMAT score of 550+ recommended for MBA
  • English language: IELTS 6.5+ OR TOEFL 79+
  • Statement of purpose: Essay explaining career goals and motivation
  • Letters of recommendation: 2-3 professional references

English Language Test Alternatives:

  • CAEL: Accepted
  • Cambridge CAE/CPE: Accepted
  • MET (4-skill only): Score of 64+
  • PTE: Accepted
  • Duolingo: Score of 110+

For more information, check out the Peter B. Gustavson School of Business Admission


Peter B. Gustavson School of Business Living Costs

Victoria is one of Canada's most affordable cities, but living costs are still significant for international students.

Monthly Living Expenses (2026):

Expense Category Monthly (CAD) Monthly (INR) Annual (INR)
Accommodation (On-campus) CAD $800-1,200 ₹55-82K ₹6.6-9.8 Lakhs
Accommodation (Off-campus shared) CAD $600-900 ₹41-62K ₹4.9-7.4 Lakhs
Food & Groceries CAD $300-400 ₹20.6-27.5K ₹2.5-3.3 Lakhs
Transportation CAD $50-80 ₹3.4-5.5K ₹0.4-0.7 Lakhs
Utilities & Internet CAD $80-120 ₹5.5-8.2K ₹0.7-1 Lakhs
Entertainment & Misc CAD $150-250 ₹10.3-17.2K ₹1.2-2.1 Lakhs
Total Monthly CAD $1,380-2,050 ₹0.95-1.41 Lakhs ₹11.4-16.9 Lakhs

Annual Living Cost Estimate:

  • On-campus accommodation: CAD $16,560-24,600/year (₹1.14-1.69 Crores)
  • Off-campus shared accommodation: CAD $12,600-18,900/year (₹86.6-1.30 Crores)

Peter B. Gustavson School of Business Scholarships

The university offers a limited number of scholarships for international students, which are generally awarded based on academic merit, leadership qualities, and program-specific eligibility criteria. Some of the notable scholarships available at the Peter B. Gustavson School of Business are listed below.

Scholarship Eligibility Award Value
Peter B. Gustavson School of Business Undergraduate Entrance Scholarship Academically outstanding students entering the BCom program Varies
Peter B. Gustavson School of Business Entrance Tuition Scholarship Students entering the BCom Core Program based on academic performance Varies
Peter B. Gustavson School of Business Tuition Scholarship Continuing BCom students with strong academic achievement in 300-level commerce courses Varies
Jean Foley International Business Scholarship Outstanding BCom students participating in an international exchange semester Varies
Albert Hung Chao Hong Scholarship in International Business and Entrepreneurship Students in the International Business or Entrepreneurship specialization Minimum CAD 3,000
Thomas (Bill) Orr Scholarship in Business Business students demonstrating involvement in athletics, clubs, or campus organizations Varies
Stephen W. Long Award in Business Female BCom students entering second year, with preference for demonstrated financial need CAD 3,500

Canada Student Visa for Indian Students

Indian students planning to study at the Peter B. Gustavson School of Business must apply for a Canada Study Permit, which allows international students to study at designated learning institutions in Canada.

  • Obtain an official Letter of Acceptance (LOA) from the university.
  • Complete the online Study Permit application.
  • Submit the required documents and biometrics.
  • Pay the visa fees (CAD 150) and biometrics fee (CAD 85).

The total cost of a Canadian student visa is approximately CAD 235 (₹16,154). Students are advised to apply several months before their course start date to avoid delays in visa processing.

Also check, 


FAQs

Ques. What IELTS score is required for admission?

Ans. Most programs require an IELTS Academic score of 6.5 overall with no band below 6.0.

Ques. How much does it cost to study at Peter B. Gustavson School of Business?

Ans. Tuition fees vary by program and study level. Students should check the official program page for the latest fee details.

Ques. What is the average cost of living in Victoria, Canada?

Ans. International students typically spend between CAD 1,380 and CAD 2,050 per month on accommodation, food, transportation, and other living expenses.

Peter B. Gustavson School of Business Program Fees & Deadlines

ProgramImportant DatesFeesApplication FeesEligibilityFinancial Aid
MBA
2 years
Application Deadline For September 2027 Intake (30th Apr 2027)
INR 16.7 L/Yr
CAD 24,258 /Yr
18360%, TOEFL: 4.5, IELTS: 6.5, PTE: 65
Application Deadlilne For January 2027 Intake (15th Jun 2026)
Application Deadlilne For May 2027 Intake (15th Oct 2026)
Application Deadline For September 2027 Intake (15th Dec 2026)
INR 5.9 L/Yr
CAD 8,571 /Yr
183TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
Application Deadline For September 2027 Intake (15th Dec 2026)
INR 5.9 L/Yr
CAD 8,571 /Yr
183TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
Application Deadlilne For January 2027 Intake (31st Aug 2026)
Application Deadline For September 2027 Intake (30th Apr 2027)
INR 29.3 L/Yr
CAD 42,501 /Yr
183TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
LLM
1 year
Application Deadline For September 2027 Intake (13th Dec 2026)
INR 7.9 L/Yr
CAD 11,428 /Yr
183TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
-
MPH
2 years
Application Deadline For September 2027 Intake (31st Jan 2027)
INR 16.8 L/Yr
CAD 24,477 /Yr
183TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
Application Deadline For September 2026 Intake (31st May 2026)
Application Deadlilne For January 2027 Intake (30th Sep 2026)
Application Deadlilne For May 2027 Intake (31st Jan 2027)
INR 4.9 L/Yr
CAD 7,142 /Yr
183TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
Application Deadline For September 2027 Intake (30th Nov 2026)
INR 5.9 L/Yr
CAD 8,571 /Yr
183TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
Application Deadline For September 2026 Intake (1st Jun 2026)
Application Deadlilne For January 2027 Intake (1st Oct 2026)
Application Deadlilne For May 2027 Intake (1st Feb 2027)
INR 5.9 L/Yr
CAD 8,571 /Yr
183TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
Master
1 year
Application Deadlilne For January 2027 Intake (1st Aug 2026)
Application Deadline For September 2027 Intake (30th Apr 2027)
INR 31.2 L/Yr
CAD 45,351 /Yr
183TOEFL- 4.5 | IELTS- 6.5 | PTE- 65

Do you think the Dates are wrong ?  Report Here

Important Alerts

EventsDates
Master of Global Business Application Deadlilne For January 2027 Intake
Closing in 6 days
Biochemistry and Microbiology Application Deadline For September 2026 Intake
Closing in 6 days
Master of Global Business Application Deadline For Spring 2027 Intake
Closing in 5 days
2 years
On Campus
English
Full Time
Ranked #251 out of 340 by QS Global Ranking 2025
Exam Scores: TOEFL4.5|IELTS6.5|PTE65
Important Date: 30 Apr, 2027
Entry Requirement: 60%, TOEFL: 4.5, IELTS: 6.5, PTE: 65
INR 16.7 L/YrCAD 24,258 /Yr
24 months
On Campus
English
Full Time
Ranked #151 out of 151 by QS Global Ranking 2025
Exam Scores: TOEFL4.5|IELTS6.5|PTE65
Important Date: 30 Apr, 2027
Entry Requirement: TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
INR 16.7 L/YrCAD 24,258 /Yr

Bachelor of Commerce [BCom]

4 years
Co Op, On Campus
English
Full Time
Exam Scores: TOEFL4.5|IELTS6.5|PTE65|Duolingo120
Important Date: 31 Jan, 2027
Entry Requirement: GPA: 3.2, TOEFL- 4.5, IELTS- 6.5, Duolingo- 120, PTE- 65
INR 29.7 L/YrCAD 43,161 /Yr
1 year
Co Op, On Campus
English
Full Time
Ranked #151 out of 151 by QS Global Ranking 2025
Exam Scores: TOEFL4.5|IELTS6.5|PTE65
Important Date: 30 Apr, 2027
Entry Requirement: TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
INR 28.5 L/YrCAD 41,403 /Yr
1 year
On Campus
English
Full Time
Ranked #251 out of 340 by QS Global Ranking 2025
Exam Scores: TOEFL4.5|IELTS6.5|PTE65
Important Date: 31 Jul, 2026
Entry Requirement: TOEFL- 4.5 | IELTS- 6.5 | PTE- 65
INR 31.2 L/YrCAD 45,351 /Yr

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Peter B. Gustavson School of Business Ranking

2025202420232019

QS World University logo
Management 151 out of 151 in Global Ranking
( #5 out of 8 in Canada 2025)
Business 251 out of 340 in Global Ranking
( #16 out of 44 in Canada 2025)

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Peter B. Gustavson School of Business Scholarships


NameScholarship Per StudentLevel of StudyType
Ontario Graduate FellowshipScholarship per student₹ 8.6 L/Yr$8,875Level Of StudyDoctorateTypeMerit-Based
Jared J. Davis GrantScholarship per student₹ 96,380/Yr$1,000Level Of StudyBachelorTypeMerit-Based
The Google Lime ScholarshipScholarship per student₹ 9.6 L/Yr$10,000Level Of StudyBachelorTypeMerit-Based
Golden Key Graduate Scholar AwardScholarship per student₹ 1.4 L/Yr$1,500Level Of StudyMasterTypeMerit-Based
Axol Science ScholarshipScholarship per student₹ 1.9 L/Yr$2,000Level Of StudyBachelorTypeCompany-Sponsored
Adobe Women in Technology ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based

Do you think the Scholarship is wrong ?  Report Here

Peter B. Gustavson School of Business Admissions

  • Regular Decision Deadlines

    Important Date: April30 (Application deadline)
    Important Date: July30 (Application results)

Peter B. Gustavson School of Business Exam Scores

ExamsAvg. ScoreMin ScoreMax. Score%Submitted'
Language Proficiency
MELAB-90--
IELTS-6.5--
TOEFL-90--

Attendance Cost

₹590,028

attendance cost

The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees

Tuition fees
Undergraduate Programs
₹2,672,025 / Year
Post Graduate Program
₹590,028 / Year

Peter B. Gustavson School of Business Accreditations

Program wise accreditation
Programs
Association to Advance Collegiate Schools of Business

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