Canada has many excellent MBA colleges that offer world-class education, experiential learning opportunities, a multicultural environment and excellent job opportunities post-graduation.
Canada is worth considering if you are an international MBA student.
With a wide range of specialisations, competitive tuition fees, and excellent job prospects, an MBA from Canada could be the key to unlocking your career potential.
Canada has become an increasingly popular destination for international MBA students.
This article will discuss the top 10 MBA colleges in Canada for 2023, their ranks, courses, and fees.
List of Top 10 MBA Colleges in Canada with Tuition Fees
|
Rank |
University |
Tuition Fees (CAD) |
|
1 |
The University of Toronto, Rotman School of Management |
120,680 |
|
2 |
Western University, Ivey Business School |
106,500 |
|
3 |
Queen's University, Smith School of Business |
94,500 |
|
4 |
The University of British Columbia, Sauder School of Business |
89,400 |
|
5 |
York University, Schulich School of Business |
89,100 |
|
6 |
The University of Alberta, Alberta School of Business |
64,925 |
|
7 |
The University of Waterloo, Conrad School of Entrepreneurship and Business |
45,150 |
|
8 |
Dalhousie University, Rowe School of Business |
42,770 |
|
9 |
McMaster University, DeGroote School of Business |
40,000 |
|
10 |
The University of Victoria, Gustavson School of Business |
37,005 |
University of Toronto - Rotman School of Management
The Rotman School of Management at the University of Toronto is one of the top MBA schools in Canada and the world. The program is designed to prepare students for leadership roles in the business world. Students can choose from consulting, finance, marketing, and entrepreneurship.
The tuition fee for the full-time MBA program is CAD 135,680 for Canadian citizens and permanent residents and CAD 152,680 for international students.
Western University - Ivey Business School
The Ivey Business School at Western University is another top MBA school in Canada. It offers a full-time MBA program that can be completed in one year. The program is designed to provide students with a solid foundation in business fundamentals and practical experience through various experiential learning opportunities.
The tuition fee for the full-time MBA program is CAD 103,500 for Canadian citizens and permanent residents and CAD 120,000 for international students.
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Talk to an ExpertThe University of British Columbia - Sauder School of Business
The Sauder School of Business at the University of British Columbia is a leading business school in Canada. It offers a full-time MBA program that can be completed in 16 months. The program is designed to provide students with a solid foundation in business fundamentals and opportunities to develop leadership and teamwork skills.
The tuition fee for the full-time MBA program is CAD 68,000 for Canadian citizens and permanent residents and CAD 94,500 for international students.
McGill University - Desautels Faculty of Management
The Desautels Faculty of Management at McGill University is a prestigious business school in Canada. It offers a full-time MBA program that can be completed in 20 months. The program is designed to give students a solid foundation in business fundamentals and opportunities to specialise in various areas, including finance, marketing, and entrepreneurship.
The tuition fee for the full-time MBA program is CAD 100,950 for Canadian citizens and permanent residents and CAD 108,250 for international students.
York University - Schulich School of Business
The Schulich School of Business at York University is one of the top business schools in Canada. It offers a full-time MBA program that can be completed in 16-20 months. The program is designed to give students a solid foundation in business fundamentals and opportunities to specialise in various areas, including finance, marketing, and strategy.
The tuition fee for the full-time MBA program is CAD 89,000 for Canadian citizens and permanent residents and CAD 120,900 for international students.
Queen's University - Smith School of Business
The Smith School of Business at Queen's University is a leading business school in Canada. It offers a full-time MBA program that can be completed in 12-16 months. The program is designed to give students a solid foundation in business fundamentals and opportunities to specialise in various areas, including finance, marketing, and entrepreneurship.
The tuition fee for the full-time MBA program is CAD 105,000 for Canadian citizens and permanent residents and CAD 126,500 for international students.
The University of Alberta - Alberta School of Business
The Alberta School of Business at the University of Alberta is a top-ranked business school in Canada. It offers a full-time MBA program that can be completed in 20 months. The program is designed to provide students with a solid foundation in business fundamentals and opportunities to specialise in a range of areas, including energy and environment, finance, and entrepreneurship.
The tuition fee for the full-time MBA program is CAD 50,040 for Canadian citizens and permanent residents and CAD 79,328 for international students.
Concordia University - John Molson School of Business
The John Molson School of Business at Concordia University is a well-respected business school in Canada. It offers a full-time MBA program that can be completed in 16-20 months. The program is designed to give students a solid foundation in business fundamentals and opportunities to specialise in various areas, including finance, marketing, and entrepreneurship.
The tuition fee for the full-time MBA program is CAD 43,500 for Canadian citizens and permanent residents and CAD 59,500 for international students.
University of Ottawa - Telfer School of Management
The Telfer School of Management at the University of Ottawa is a leading business school in Canada. It offers a full-time MBA program that can be completed in 12 months. The program is designed to give students a solid foundation in business fundamentals and opportunities to specialise in various areas, including finance, marketing, and entrepreneurship.
The tuition fee for the full-time MBA program is CAD 29,954 for Canadian citizens and permanent residents and CAD 51,768 for international students.
HEC Montreal
HEC Montreal is a well-respected business school in Canada, offering a range of undergraduate, graduate, and executive education programs. It offers a full-time MBA program that can be completed in 12-16 months. The program is designed to give students a solid foundation in business fundamentals and opportunities to specialise in various areas, including finance, marketing, and entrepreneurship.
The tuition fee for the full-time MBA program is CAD 35,500 for Canadian citizens and permanent residents and CAD 53,000 for international students.
Eligibility Criteria
- Educational qualifications: Candidates should have a bachelor's degree in any discipline from a recognised university. Some universities may require a minimum GPA or grade point average.
- Work experience: Many universities prefer candidates with work experience, especially for their full-time MBA programs. The work experience requirement may vary from one university to another, but most programs require at least 2-3 years of work experience.
- Entrance exams: Candidates must submit scores from entrance exams such as the GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination). Some universities may accept the Executive Assessment (EA) or Graduate Management Admission Council's (GMAC) Common Entrance Test (CET) as well.
- English language proficiency: International students must demonstrate their proficiency in the English language by providing scores of standardised English language proficiency tests such as TOEFL (Test of English as a Foreign Language), IELTS (International English Language Testing System), or PTE (Pearson Test of English).
- Essays, letters of recommendation, and interviews: Many universities require candidates to submit essays and letters of recommendation and attend an interview as part of the admission process. These components evaluate the candidate's communication skills, leadership potential, and overall fit with the program.
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FAQs
How long does an MBA program in Canada usually take?
Most MBA programs in Canada are full-time, typically taking 12 to 24 months to complete, depending on the university and program structure.
Are there part-time or online MBA programs available in Canada?
Yes, many universities in Canada offer part-time and online MBA programs that allow students to study while continuing to work.
What is the average cost of an MBA program in Canada?
The cost of an MBA program in Canada varies depending on the university and program structure. On average, Canadian MBA programs can cost anywhere from CAD 20,000 to CAD 100,000.
Can international students work in Canada after completing their MBA program?
Yes, international students can work in Canada after completing their MBA program. They may be eligible to apply for a post-graduation work permit, which allows them to work in Canada for up to three years after completing their studies.
What are some of the popular specialisations for MBA programs in Canada?
Some popular specialisations for MBA programs in Canada include finance, marketing, entrepreneurship, leadership, and international business. Many universities offer specialised MBA programs in healthcare management, technology management, and sustainable business.
