Canada is known for their universities and hospitality towards international students. The country accepts thousands of international students each year, which only increases with time. Among the specializations in Canada which are very famous among students is a master’s in business administration. MBA has been one of the most studied programs in the world. The reason behind its vast popularity among students, entrepreneurs, and industrialists is that 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 a great place for anyone to commence their MBA degree because of how widely the country is recognized for its MBA 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.
Which Field of MBA Specialization is the Best in Canada?
The field of MBA finance is the best and the most famous field in Canadian business colleges and universities. The other MBA specializations which are also great in Canada are operations and human resource management. The 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, where you can choose a major later on in the degree, you will have to select your major first in the case of an MBA.
Can International Students Get a Job in Canada?
Yes, international students can get a job in Canada but only after their degree program has started. If they go early and before their program has started, they, unfortunately, cannot work in Canada. Even after their degree has started, they cannot work full-time but can only work around 20 hours per week.
This is 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. So an international student can most definitely work and get a job in Canada for the start of their study period.
Top Universities 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. Rotman School of Management – University of Toronto
Rotman School of Management is the graduate business school of the University of Toronto which is located in Downtown Toronto. The school was inaugurated in 1950 and since then it is one of the most esteemed business schools in all of Canada. Its degree is very well reputed around the world 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 of two years and offers a plethora of electives and core courses that the students can choose from. The tuition fee for international students per the whole degree in a full-time MBA program is around $100,066. For Canadian citizens and permanent residents, the fee comes to USD 67,888.
2. Ivey Business School – University of Western Ontario
Our second recommendation for top schools offering MBA programs in Canada is the Ivey Business School. It is the business school of the University of Western Ontario and it has been around since 1922. The university offers a wide variety of degrees in business administration. Their EMBA and MBA are one of the most famous offered degrees. Some sources have also dubbed their MBA program as the best one in Canada.
The course curriculum for the MBA degree at the Ivey 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 university costs around 126,600 Canadian dollars for international students and around $83,250 for Canadian students. The university offers installment plans for the students to pay the tuition fee.
3. Desautels Faculty of Management – McGill University
The Desautels Faculty of Management comes under McGill University and is one of the most famous universities in Canada. It was established in 1906 and has been the choice of university for many international students since then. The university offers full-time MBA and EMBA degrees with a great selection of elective courses. The employment rate of MBA graduates of McGill University is very high, making it one of the best MBA programs in Canada.
The tuition fee for a full-time MBA program is around 99,500 Canadian dollars for the whole degree and for Canadian students and permanent residents, it is around 82,500 Canadian dollars. Students can apply for need-based and merit-based scholarships to help with their tuition and living expenses.
4. Smith School of Business – Queen’s University
The Smith School of Business comes under Queen’s University. The university ranks in the top 75 MBA-offering universities in the world. The school is very famous among Canadian and international students for their MBA degrees. The all-inclusive program fee for international students is around 105,100 Canadian dollars and for Canadian students, it is around 83,795 Canadian dollars.
The university has a blended way of experimental, simulation, and case study teaching. Along with the degree, the student can also opt for various certifications that will come in very handy later on in their professional career.
5. Schulich School of Business – York University
The Schulich School of Business is the business school of York University and is located in Toronto, Ontario, Canada. It was founded in 1966 and has been one of the best business schools in Canada with an excellent MBA program. You can customize your MBA degree with flexible timings, course selection, and fee payment plans.
The tuition fee for international students is around 117,800 Canadian dollars for the whole degree and for Canadian students, it is around 72,050 Canadian dollars.
All of the Canadian MBA programs mentioned above are associated with great and acclaimed universities. Please refer to the links for more information about the courses. Good luck with the application.
We hope that this article on the best universities offering MBA programs in Canada will help you make a choice on where to pursue your MBA in Canada. Also, visit the Canada Scholarships Page for more information about studying in Canada!
