If you want to receive a high-quality higher education while enjoying the great outdoors and a welcoming environment, Ontario, Canada, can be an excellent place to study. Part of the Great Lakes region, Ontario is also well located for students who would like to explore nearby U.S. destinations, including New York State and Michigan. Below are notable schools for business studies that you can find in Ontario, along with information that may help you decide which school to consider.

Top Business Schools in Ontario

1. University of Toronto

The Joseph L. Rotman School of Management is the business school of the University of Toronto, one of the best public universities in Canada. Rotman offers undergraduate business study through Rotman Commerce, several MBA and specialized master’s programs, and a Ph.D. in Management.

Rotman’s programs emphasize research, experiential learning, analytics, finance, leadership, strategy, and innovation. The school also publishes research and thought leadership through the Rotman Insights Hub.

Rotman’s Self-Development Lab supports students and professionals in building communication, interpersonal, resilience, and self-awareness skills that are useful in business and leadership roles.

2. York University

Part of York University, the Schulich School of Business is ranked among the leading business schools in Canada and the world. Schulich’s current rankings page lists several recent recognitions, including top Canadian placements in the 2025 Corporate Knights MBA ranking and the 2026 QS Master of Supply Chain and Master of Marketing rankings.

Schulich offers undergraduate, graduate, postgraduate, doctoral, and executive education programs. The school also has a global footprint through international partnerships, exchange opportunities, and satellite centers in several countries.

Schulich students can pursue a wide range of business specializations and participate in case competitions, international learning opportunities, and experiential projects that connect classroom learning with real business issues.

3. Western University

Ivey Business School at Western University traces its business education history to 1922 and is one of Ontario’s best-known business schools. Ivey’s current rankings page lists the school as No. 1 in Canada in the Financial Times Global MBA Ranking 2026 and No. 1 in Canada in several recent executive education and Bloomberg Businessweek categories.

Ivey is especially known for case-based learning. Ivey says it has been the second-largest producer of business cases in the world after Harvard Business School, and Ivey Publishing maintains thousands of active cases for business education.

The school offers bachelor’s, master’s, and doctoral programs, including HBA, MBA, MSc, Master of Management in Analytics, Executive MBA, and Ph.D. options. The HBA follows a 2+2 structure, allowing students to explore academic interests during their first two years before entering Ivey.

4. University of Ottawa

The Telfer School of Management is part of the University of Ottawa. It is one of only two business schools in Canada with the Triple Crown of accreditations from AACSB, AMBA, and EQUIS. The school also lists additional accreditations and recognitions connected to consulting, accounting, responsible management education, and human resources.

Telfer offers undergraduate, graduate, doctoral, executive, and diploma programs, including the Bachelor of Commerce, MBA, Executive MBA, Master of Science in Management, and Ph.D. in Management. Students can also access academic, career, and wellness support through the university and Telfer’s student services.

5. Queen’s University

Smith School of Business is part of Queen’s University. It offers a broad range of programs, including the Certificate in Business, Bachelor of Commerce, MBA options, professional master’s degrees, graduate diplomas, research-based MSc, and Ph.D. in Management.

Smith is also known for international learning opportunities. Its Bachelor of Commerce program lists more than 120 partner schools in more than 45 regions for international exchange.

The school focuses on developing practical business skills, research ability, adaptability, and leadership. Students can also participate in experiential learning opportunities such as case competitions, consulting projects, and internships.

6. Brock University

The Goodman School of Business is part of Brock University. The school was renamed in 2012 in recognition of a transformational gift from the Goodman Family Foundation.

Goodman is accredited by AACSB and CPA Ontario. The school offers undergraduate and graduate business programs, including BBA, Bachelor of Accounting, MBA, MSc in Management, Master of Accountancy, graduate diplomas, and professional accounting pathways.

Goodman also offers a BBA Co-op International Double Degree in partnership with leading European business schools. This program combines international study with co-op work experience.

At the graduate level, Goodman provides MBA, MSc, MAcc, and accounting-focused graduate programs. It also maintains international partnerships that allow students to study business in other countries while working toward their Brock degree.

7. Wilfrid Laurier University

The Lazaridis School of Business and Economics is the business school of Wilfrid Laurier University. It is AACSB accredited and offers business and economics programs at the undergraduate, graduate, diploma, and doctoral levels.

The school offers undergraduate programs in areas such as business administration, economics, accounting, finance, business technology management, and related fields. Graduate options include MBA, MFin, MSc, MABE, and Ph.D. pathways.

Students interested in finance and analytics can consider combined options such as the Master of Finance and Management Analytics double degree. Laurier is also home to Canada’s largest business degree co-op programs, giving students opportunities to gain paid work experience before graduation.

We hope this article about the best business schools in Ontario was helpful. Make sure also to check out our Study in Canada page and the Available Business Programs for International Students!

About the Author: Hyun Lee

Hi! I am Hyun, and I am the founder at Global Scholarships. I've received a full-tuition scholarship at Birmingham-Southern College and a $1,000 Burger King Scholarship for my undergraduate degree and was offered a fully funded scholarship consisting of tuition, living stipend, and health insurance for computer science Ph.D. program at North Carolina State University. You can read more about my scholarship journey here. If you are interested, you can follow me on Linkedin where I regularly write about scholarships.

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