Canada is known for its universities and hospitality toward international students. The country accepts thousands of them each year, and the number only increases with time. Among the country’s specializations that are very famous among students is a master’s in business administration.
The MBA has been one of the most studied programs in the world. Its vast popularity among students, entrepreneurs, and industrialists is because this degree has a lot to offer. Not only does it equip the learner with all the necessary information about business administration, but because of its versatility, the student can opt for many different career choices.
Canada is an excellent place for anyone to commence their MBA degree because of how widely the country is recognized for its program. In this article, we will take you through the five best universities in Canada that are offering MBA programs that you can apply to.
Top Schools Offering MBA Programs in Canada
Canada is a great country for any student because it offers great opportunities and a stimulating learning environment to the students. Following is a list of Canadian universities that are offering MBA programs to national and international students along with some information about the course and its fee.
1. University of Toronto
Rotman School of Management is the graduate business school of the University of Toronto, located in Downtown Toronto. It was inaugurated in 1950 and has been one of the most esteemed business schools in Canada since then. Its degrees are well-reputed worldwide, and its graduates have a very high career projection.
The university offers part-time, full-time, and executive post-graduation degrees in business administration, finance, and commerce. The university accepts international students for their MBA program and has various sources of scholarship and funding opportunities.
The MBA program is two years and offers a plethora of electives and core courses from which the students can choose. The tuition fee for international students per the whole degree in a full-time MBA program is around US $102,069. For Canadian citizens and permanent residents, the cost comes to US $67,888.
2. University of Western Ontario
Our second recommendation for top schools offering MBA programs in Canada is the University of Western Ontario’s Ivey Business School, which has existed since 1922. The institution offers various degrees in business administration, including the EMBA and MBA, among the most famous programs.
Some sources, like Bloomberg Businessweek, have dubbed their MBA program the best in Canada. The course curriculum at this business school is very diverse and robust. The students can choose the courses according to their career choices.
The tuition fee for a full-time MBA program at the Ivey Business School is around CA $129,750 for international students and CA $83,250 for Canadian students. The university offers installment plans for learners to pay the tuition cost.
3. McGill University
The Desautels Faculty of Management is part of McGill University and is one of the most famous and top institutions in Canada. It was established in 1906 and has been the choice of business school for many international students since then.
It offers full-time MBA and EMBA degrees with a wide selection of elective courses. McGill University’s business administration graduates have a very high employment rate, making it one of the best programs in Canada. Moreover, it offers a dual degree in MBA/Law Program.
The tuition fee for a full-time program is around CA $102,500 for the whole degree, and for Canadian students and permanent residents, it is around CA $83,500. Students can apply for need-based and merit-based scholarships to help with tuition and living expenses.
4. Queen’s University
The Smith School of Business is part of Queen’s University. This Canadian institution ranks among the top 75 MBA-offering universities in the world. The school is very famous among both national and international students for its MBA degrees.
It also offers different types of business administration programs, such as Executive MBA and Accelerated MBA. The institution also partners with Cornell University, where students can get an MBA program in both schools.
The all-inclusive program fee for international students is around CA $110,000; for Canadian students, it is around CA $83,885. The university teaches using a blended approach, including experimental, simulation, and case study methods. In addition to the degree, students can opt for various certifications that will come in very handy later on in their professional careers.
5. York University
The Schulich School of Business is the business school of York University in Toronto, Ontario, Canada. It was founded in 1966 and is one of the best business schools in the country, with an excellent MBA program. Students can choose from 15 distinct concentrations in management, various industries, and more areas to develop their talents in the major that most interest them.
You can customize this degree with flexible timings, course selection, and fee payment plans. The tuition fee for the whole degree is around CA $123,732 for international students and CA $72,180 for Canadian students.
FAQs: MBA in Canada
Which Field of MBA Specialization is the Best in Canada?
The field of MBA finance is the best and most famous in Canadian business colleges and universities. Other specializations in Canada are operations and human resource management. Students opt for finance because it is one of the most stimulating and invigorating fields of business administration.
That being said, it is not everyone’s cup of tea. You will need prior knowledge of finance to get into an MBA finance program. Unlike a bachelor’s degree, where you can choose a major later on, you must select your specialization first, as in the case of this course.
Can International Students Get a Job in Canada?
Yes, international students can get a job in Canada only after their degree program starts. They cannot work in the country if they go early and before their program starts. Even after their degree has begun, they cannot continue their job full-time and only work around 20 hours per week.
It’s all possible if your visa clearly states that you can work on or off campus in Canada for the tenure of your degree. You can also do freelancing in Canada on your student visa. An international student can work and get a job in the country at the start of their study period.
If you want to pursue business administration courses in Canada, you can select various MBA programs there. The Canadian MBA programs mentioned above are associated with excellent and acclaimed universities. Refer to the links for more information about the courses, and good luck with the application!
We hope this article on the best universities offering MBA programs in Canada will help you make a choice on where to pursue this degree. Also, you can visit our Study in Canada page and Open Courses for more information about studying in the country!
