Commerce is a subset of business that focuses on selling finished or unfinished goods rather than sourcing, production, transportation, or marketing. It operates under the concept that everything produced must be consumed. It helps connect suppliers of specific goods and services with the consumers who need them.

A degree in commerce will provide you with the fundamental skills necessary to analyse successes and failures, examine management from a variety of angles, and add an applied emphasis on organisational analysis and consulting to every theory. You'll be given the skills necessary to perform real-world leadership duties, such as resolving disputes, comprehending people from different cultural backgrounds, making decisions, leading teams, setting budgets, etc.

Trade and commerce are crucial components of any firm. Businesses, startups, nonprofits, banks, outsourcing companies, insurance firms, auditing firms, governmental agencies, and e-commerce companies hire graduates in commerce.

Global ranking of some of the top universities in Canada for Commerce courses

The top Canadian universities in Commerce are listed below, based on QS Rankings 2022 by subject "business and management studies."

Programs for Bachelors in Commerce with tuition fees in Canada

Undergraduate Studies in Commerce in Canada is a 3 to 4-year program. The table below lists some of the top ranked universities that offer a bachelor's program in commerce or a similar discipline, as well as the tuition rates for international students.

Academic Requirements

• A minimum score of 70% at the high school level.
• SAT score if required by university.

English Test Scores

• IELTS: Minimum score of 6.0 overall.
• PTE: A minimum score of 58 overall. 
• TOEFL iBT: A minimum score of 80.

Programs for Masters in Commerce with tuition fees in Canada

The table below lists the top universities in Canada that offer a postgraduate taught program in Commerce or a closely related field.

Academic Requirements

• A 4-year undergraduate degree in the field or commerce or related discipline from an accredited institution.
• GPA score of at least of 3.0 on a 4.0 scale.
• A GMAT or a GRE score if required by university. 

English Test Scores

• IELTS: Minimum score of 6.5 overall with at least 6.0 in reading and writing.
• PTE: A minimum score of 70 overall. 
• TOEFL iBT: A minimum score of 88 overall.

Programs for Ph.D. in Commerce with tuition fees in Canada

The table below lists the top universities in Canada that offer a postgraduate research program in Commerce or a closely related field.

Academic Requirements

• A bachelor’s degree or recognised equivalent from an accredited institution
• A master’s degree from an accredited institution with a minimum admission grade point average equivalent to 3.5 on a four-point scale in the last two years of university work. 
• As part of the application, some universities also ask for a viable research proposal of up to 5000 words which has the potential to make a significant contribution to prior literature. 
• A GMAT/GRE score if required by universities.

English Test Scores

• IELTS: Minimum score of 6.5 to 7.0 overall with at least 6.0 in reading and writing.
• PTE: A minimum score of 74 overall. 
• TOEFL iBT: A minimum score of 97 overall.

Top Commerce Universities in Canada: Scope

Universities in Canada offer various specializations at the graduate level. Here is a list of some of the common specializations in commerce.

• Accounting
• Business Technology Management
• Entrepreneurship
• Finance
• General Business Management
• Global Supply Chain and Logistics Management
• Information Systems
• Marketing
• Operations and Logistics
• Organizational Behaviour and Human Resources
• Real Estate
• Retail Management
• Strategy & Organization

Top Commerce Universities in Canada: Scholarships

Some of the scholarships offered to international students at different universities in Canada are listed below.

Top Commerce Universities in Canada: Scope

In Canada, graduates in commerce make a very decent living. Graduates can anticipate earning anything from $30,000 to $53,000 annually. However, your pay may vary depending on your job duties and areas of expertise. After a few years, you can expect a sharp increase in your income, which might reach up to $92,000 annually.

Job Titles

• Accounting
• Advertising
• Business development
• Corporate and commercial banking
• Corporate finance
• Data analytics
• Entrepreneurship
• General management
• Human resources
• Investment banking
• Management consulting
• Marketing and brand management
• Private equity
• Project management
• Real estate finance
• Retail management
• Sales and trading
• Strategic planning
• Venture capital

Top Recruiters:

• IG Wealth Management
• Veeva 
• Scotiabank 
• BMO 
• Hudson's Bay Company
• Canadian Tire  
• FreshBooks 
• Unity Health
• Maccabi
• Payments Canada
• Rogers 
• TD Bank 
• Teranet