Top 10 Universities in Canada for MBA in 2023

 

From Adventures City Quebec to the Rocky Mountains of Vancouver, Canada has so many amazing places it's hard to choose.

Despite all these facts, Canada is also known as the center of education, every year many students from all over the world come to Canada for further education. In addition, excellent quality of life, huge job after graduation and immigration opportunities also attract students to land in Canada.

Did you know?

Canada's top universities are ready to welcome MBA students in 2023.

Let's list the top 10 universities in Canada for MBA students and even the reason why you should study MBA in Canada.

Why study MBA in Canada?

One of the key reasons is that Canada is relatively affordable compared to other countries, which is a pre-consideration for any student before flying to any country. This also allows post-work visa students, more SMEs and startups after completing MBA, and these main reasons and features attract students to study in Canada.

Document required for MBA in Canada:-

Here is the list of documents you must have before applying for an MBA in Canada:

• All academic records and transcripts
• Scorecard of proficiency exams
• Bank statement
• Proof of work experience (if any)
• Letter of recommendation
• Statement of purpose
• MBA essays (if asked)
• Updated resume/resume
• Photo
• Visa
• Top 10 universities

1. Desautels School of Management - McGill University

The 201-year-old MC Gill University is named the best-ranked university in Canada and even ranks 31st in the world.

The MBA program at MC Gill University is recognized as the most dynamic degree program in the world. If we go through the curriculum of the university, then it is built on interdisciplinary integrated models that include research, practice and teaching. The university is honored with six Nobel Prizes and 127 Rhodes Scholars.

fees:

Tuition for students who come from other countries is $49,995.00, estimated to include student services, company fees, computer fees, etc.

Eligibility:

1. Students who have attended have uploaded a complete record of study from each higher education institution they have attended by the date of application.

2. Transcripts in a language other than English or French must be accompanied by a certified English or French translation.

3. Students are required to submit signed and sealed official transcripts from each school they have attended.

4. Applicants must prepare a resume that includes any employment history, title, dates of employment, and even indicate whether they worked there part-time, full-time, or as an intern.

Best specialization offered in MBA:-

•      Master of Management in Analytics.
•      Master of Management in Finance.
•       Master of Management in Retail.
•      Global manufacturing and supply chain management.
•       Graduate Certificate in Healthcare Management.
•       Graduate Certificate in Professional Accounting.

2. MC Master's University

MC Master's University is among the top 3 universities in Canada, founded in 1887. In the 19th edition of the university ranking, McMaster University was ranked 152nd.

Despite all these facts, this university has the largest range of enrollments for students. The university offers courses and programs that lead students to officially recognized higher education.

Fees:-

The initial deposit fee is $82,000 for international students. This information includes tuition, fees, and the mandatory GSA health plan enrollment fee (subject to change each year). There are a variety of financial aid options available through McMaster, including scholarships and loans. Scholarships are available for full-time, co-op and accelerated program students.

Eligibility:-

Applicants to MBA programs must have completed a four-year degree or its equivalent for admission.

Full-time University MBA Program applicants must submit a completed application and all college transcripts from degree-granting and non-degree-granting institutions.

Applicants must also submit their GMAT scores with a recommended verbal score of 28 and a quantitative score of 37 (a total score of 600 is normally competitive); GRE tests may be accepted in lieu of the GMAT if the applicant scores within the 80th percentile on both the Verbal Reasoning and Quantitative Reasoning sections.

Best specialization offered in MBA:-

•       General MBA.
•       Accounting and financial management services.
•       Business Analytics.
•       Finance.
•       Management of healthcare services.
•       Strategic marketing.
•      Strategic valuation of the company.

3. Smith School of Business-Queens University:-

Queens University is known as a very prestigious institution, it was established in 1841. It is ranked 3rd among the best universities in Canada for MBA.

This school offers several programs at more than 115 institutions in 38 countries, including Paris, National University of Singapore and Copenhagen Business School.

fees:

An initial deposit of $102,100 is required upon registration. Students are required to pay the fee in three installments. In addition, students must pay activity fees of approximately $1500.00.

Eligibility:-

1. Applicants must initiate the pre-assessment by completing the online application form and attaching a scanned copy of their CV and transcripts.

2. The applicant's resume includes academic experience, work experience, membership in professional associations, and volunteer and community activities.

3. A cover letter outlining current responsibilities and tasks, career achievements, reasons for applying to the Full-time MBA and your professional and personal goals is required.

4. Once an applicant's file for admission to the program has been selected, they may be invited for an interview. They must provide the interview either in person or via a web platform such as zoom. Interviews are mandatory and tailored based on each applicant's background and experience.

Best specialization offered in MBA:-

•       Masters of Management in Consulting
•       Masters of Management in Digital Business
•       Masters of Management in Business and Innovation
•       Masters of Management in Finance
•       Masters of Management in Management Analytics
•       Masters of Management in Marketing and Sales

4. Ivey Business School - Western University.

Western University is well known for its excellent curriculum and across businesses, the university was established in 1878. It is ranked 4th.

From basic to applied knowledge, it is the best research university. It has a placement rate of 91%. They have partnered with high ranking career management teams for your bright future.

Fees:-

An initial deposit of $83,250 is required upon registration.

Eligibility:-

Unofficial transcripts from all post-secondary institutions. If an applicant receives an offer of admission, one copy of official/certified transcripts will be required.

GMAT score (Ivey designation with code CMB-MG-18) OR GRE score (Ivey designation with code 0292).

The GMAT requirement does not apply to applications that have passed all 3 levels of the CFA designation, have a CPA designation (CPA Canada), have a P.Eng designation (P.Eng Canada), or have a valid and competitive LSAT or MCAT. score.

A resume showing at least two years of full-time experience.

We require two professional references.

Best specialization offered in MBA:-

•       Accelerated MBA
•       MBA Direct for HBAs
•       Executive MBA

 

5. HEC Montreal - University of Montreal

The University of Montreal was the first business school in Canada, founded in 1907. Currently, this university ranks 5th in the list of Best MBA Universities in Canada.

The university is known for its research in finance, economics, logistics, information technology and operational research. If we look at the internship part, then companies like L'oreal, Morgan, Stanley, McKinsey, EY and KPMG come for internship opportunities for students.

Fees:-

The initial deposit fee for students who come from other countries is $59,000.

NOTE:- Fees are approximate. Including school fees and other ancillary fees. Subject to change without notice.

Eligibility:

1. Hold a bachelor's degree.

2. Have at least 3 years of full-time professional experience at the start of the program (excluding internships)

3. Take one of the admission tests:

4. GMAT (competitive score: 630 or higher, recommended minimum: 570)

5. GRE (score equivalent to GMAT score)

6. TAGE MAGE (competition score: 300 or higher, recommended minimum score: 250)

Best specialization offered in MBA:-

•       Master of Management in International Arts and Management
•       Masters of Science - Applied Financial Economics.
•       Master of Science - Data Science and Business Analytics.
•       Master of Science - Finance.
•       Master of Science - Financial Engineering.
•       Master of Science - Global Supply Chain Management.
•       Master of Science - International Business.
•       Master of Science - User Experience.

6. Sauder School of Business – University of British Columbia

Founded in 1908, this university is ranked as the 6th best university in Canada for MBA program, although it is ranked 47th in the world.

The business school under this university is one of the leading academic business schools with excellent programs and the great thing about this university is that it provides great placement opportunities for students.

Fees:- Approximately $51,415

All applicants (Canadian and international) would be required to pay a non-refundable fee of CAD 154.25 before the application can be processed.

Eligibility:-

Applicants are carefully selected against competitive requirements to ensure they learn from peers who have demonstrated vision, leadership and experience.

Applicants who have been denied admission in one cycle cannot apply for the following year's cycle.

Requirement to submit the following documents: transcripts/certificates/translations, contact information for your two references, GMAT/GRE and English test.

Best specialization offered in MBA:-

•       Professional Master of Business Administration.
•       International Master of Business Administration.
•       Master of Management.
•       Master of Business Analytics.

7. Alberta School Of Business - University of Alberta

The University of Alberta is a research-intensive funded institution in Canada, introduced in 1908 and ranked 7th in Canada.

The university rises to 16th place in the 19th edition of the QS World University Rankings, which comes with increases in several important categories, including academic, employer and citation reputation.

The main focus of this university is to provide personalized and high quality education to students.

 Fees:-

Tuition and non-tuition fees are assessed annually to students. Annual tuition is $28,281.60.

Non-tuition is ~$1,800.00/year.

Total Program Fees = ~$60,000*

 Eligibility:-

1. A recognized bachelor's degree with a GPA of at least 3.0

2. Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) scores

3. Knowledge of the English language for non-native English speakers

4. Professional work experience

5. Declaration of intent letter

6. Two letters of reference

7. Recruitment interviews

 Best specialization offered in MBA:-

•       Executive MBA
•       Energy MBA
•       Master of Accounting
•       Masters programs in China
•       A powerful and professional program

 8. Conrad School of Entrepreneurship and Business - University of Waterloo

The University of Waterloo is known for its advanced technology, it was founded in 1957. This university is one of the most innovative universities in Canada. It helps the student to gain experience with the employers of some big companies like Google, Facebook and Amazon.

Fees:-

Daily tuition for an international student is approximately $64,701* CAD plus ancillary fees.

Eligibility:-

High school diploma or equivalent with a minimum of six grade 12 U or M courses, including all required courses.

Grade 12 U or M courses must be taken through schools that are accredited by the Ontario Ministry of Education.

Entrance fee averages depend on the number of applications received and the number of available seats. The above range is based on previous years.

Repeated courses may be considered depending on the program.

Best specialization offered in MBA:-

•       Accounting and financial management
•       Biotechnology/Certified Professional Accountancy
•       Business Administration (Laurier) and Computer Science (Waterloo) Double Degree
•       Business Administration (Laurier) and Mathematics (Waterloo) Double Degree
•       Computing and financial management
•       Environment and business
•       Global Business and Digital Art
•       Arts and Business Honors
•       Management of information technology
•       Management Engineering
•       Mathematical Finance
•       Mathematics/Business Administration
•       Mathematics/Professional Accounting
•       Mathematics/financial analysis and risk management
•       Business in the field of recreation and sports
•       Science and business
•       Sustainability and financial management

9. Haskanya School of Business - University of Calgary

Established in 1966, this university is known as one of the best comprehensive research universities in Canada. It is built on a foundation of academic excellence and business principles.

The university was ranked 8th in Canada and 190th in the Center of World University Rankings. Haskanya School of Business helps students develop their critical thinking and leadership skills.

 

Fees:- Approximately CAD 26,500

Initial deposit of ? 9.4 Lakh/Yr is required at the time of registration.

Eligibility:-

1. GPA of 3.0 (out of 4.0) or higher in the last two years of a four-year undergraduate degree at an accredited university; AND

2. At least two years of professional experience after graduation; AND

3. A score of 550 or higher on the GMAT exam. (Or an acceptable equivalent GRE test score.)

 Applicants for whom English is not the first language must also achieve:

•       A score of 97 or higher on the Internet version of the TOEFL; OR
•       A score of 7 or above on the academic version of IELTS.

 

Best specialization offered in MBA:-

•       Business Intelligence and data analysis
•       Entrepreneurship and innovation
•       Finance
•       Global energy management and sustainable development
•       Management Analytics
•       Marketing
•       Project management
•       Real estate studies

10. Rotman School of Management - University of Toronto

 

Known for its diverse thought leadership and financial programs, the University of Toronto ranks among the best universities in Canada and is ranked 34th among 50 universities in the world.

The university has boosted a 90% employment rate and given a chance to a student to be employed by companies such as Deloitte, Apple, Amazon, KPMG, IBM and McKinsey.

Fees:-

All applicants (Canadian and international) will pay a fee of CAD 133,740 / USD 104,639 before the application is processed.

NOTE:- The above fees do not reflect tuition fees for our combined degree programs. Figures in US dollars (USD) are based on the annual exchange rate set by the Bank of Canada.

Eligibility:-

1. A relevant Bachelor's degree or its equivalent with a final year average of at least half B from a recognized university. A minimum GPA of 3.0 in the final year of undergraduate studies at a recognized university.

2. There is no minimum GMAT requirement. For average GMAT scores and undergrad GPAs, see our class profile.

3. A minimum of two years of full-time experience is required except for those applying for joint and combined degrees. See our class profile for average work experience.

4. A minimum of two years of full-time experience is required except for those applying for joint and combined degrees. See our class profile for average work experience.

5. Bachelor's or postgraduate degree from a recognized university in the English language.

6. All applicants accepted into the program will be interviewed. Interviews are by invitation only.

Best specialization offered in MBA:-

•       Brand management
•       Business Design
•       Advice
•       Financial reporting and analysis
•       Fund management
•       General MBA
•       Global management
•       Management of the health sector
•       Innovation and entrepreneurship
•       Investment banking
•       Leadership and change management
•       Management Analytics
•       Process and supply chain management
•       Property
•       Risk management and financial engineering
•       Social impact and sustainability

 Pack:-

Studying in Canada is always the number one choice for students to fly out of the country to study because it provides students with a high quality of life.

A higher level of education is one of the important reasons why most students choose Canada.

Now MBA admission 2023 is starting in Canada and it is time consuming to finalize which university is best for you.

We have mentioned all the essentials related to universities.

All the best from overseas Vihaan; I hope you get lucky with your dream of studying abroad and make it a reality.

Also, if you get stuck somewhere, don't hesitate to contact us.