MBA in Canada: In the international study destination game, Canada has escalated. Master of Business Administration (MBA) is a post-graduate degree for those who want to learn business and management. Doing MBA from abroad is a dream for a few students one best thing about doing an MBA from abroad is students will get practical knowledge and better job opportunities. Most students give preference of doing an MBA from Canada. Here will discuss all detail related to doing MBA from Canada like cost, eligibility, duration, scholarship, and Top universities.
MBA in Canada
Master of Business Administration makes students experts in business management. Master of Business Administration degrees helps students in getting good job opportunities. Doing MBA from abroad will help candidates getting jobs in Multi-National Companies (MNC).
Master of Business Administration provides knowledge in Marketing, Finance, and Leadership. You can do a general MBA or you can choose a specific degree in subjects finance, marketing, or consulting.MBA from Canada is preferred because Canada has many industries and internationally- accredited business schools. Canada comes among the top 5 places in the world for higher education. After completing MBA from Canada students will get an internationally recognized degree, one more benefit is that admissions and students’ visa process in Canada is very easy there are not so many complications. Within three months of graduation, business school graduates in Canada, such as the Schulich School of Business and McGill University, were offered jobs. For Schulich, after MBA, roughly 89 percent of the class were offered jobs in Canada and 90 percent of McGill MBA graduates earned their placement offers.
Why study MBA in Canada?
Nine Canadian Universities made it to the top 150 universities for MBA globally, as per QS MBA Rankings (2020). Canada is the world’s most educated country. Because of good living environment and education Canada has became student’s preference. One more benefit of doing MBA from Canada is after completing MBA students get opportunity to apply for permanent residency in Canada. In Canada, a business degree is rated to be one of the top 10 subjects with the highest graduate pay. After getting MBA degree from a recognized university of Canada students get job opportunities by universities so that students can settle in Canada after MBA.
MBA from Canada not that much costly if you compare to other countries like the USA and UK in these countries study is costly as compare to Canada. In particular, the financial services industry remains high in Canada, with growth of about 11.6 percent in the past ten years (2007-2017). For an MBA graduate in Canada, the chances to work in the sector are greater. The doors of entrepreneurship are still open to an MBA graduate in Canada, with funding for SMEs and start-ups.
Eligibility Criteria of doing Master of Business Administration from Canada:
. Candidate should have a Bachelor degree.
. Candidates who have 12 months or more than that experience in any relevant filed will get preference by universities, this experience is not compulsory.
. Candidates have to prove their English by getting good marks in IELTS, GMAT and TOEFL to safe their admission.
. Graduate Management Admission Test (GMAT) marks are required to get admission in the best university of Canada.
| University | Graduate management admission test marks |
| University of Toronto (Rotman) | 672 |
| McGill University (Desautels) | 655 |
| University of Western Ontario (Ivey) | 655 |
| Queen’s University (Smith) | 650 |
| University of British Columbia (Sauder) | 646 |
| HEC Montreal | 630 |
| University of Alberta | 623 |
Application Process to study Master of Business Administration from Canada:
This process is so lengthy so you have to apply before 15-18 months of start planning to do MBA from Canada. You can get admission form from top universities on their official website.
mBA in Canada Without GMAT
Most MBA business schools in Canada request the submission of the scoresheet for the Graduate Management Admissions Test (GMAT), based on which admission is granted. However, there is no need to worry if you are an MBA aspirant who does not do very well in testing. You’re not out of luck altogether. Students are tested on their analytical, decision-making, communication, and leadership skills during admission decisions through education and work experience. As long as they fulfil some other criteria, there are many top-notch Canadian universities that consider applicants without their GMAT scores. Some of these colleges are Schulich Business School, York University, Smith Business School at Queen’s University, and several others.
These universities depend on other criteria instead of GMAT ratings, such as completing an undergraduate degree in business or related fields with an average of B+ or higher. Another criterion is that students must have full-time job experience of at least two years.
Documents required in the application process:
- .All documents related to Graduation degree.
- . English language proficiency test (IELTS/TOEFL) or GMAT test marks.
- . Bank statements or documents which can prove your financial conditions
- Transcripts
- Resume (their employment history)
- .Work experience related documents.
- .Letter of recommendations from last supervisor under whom you have work and who have seen your work closely
- Essays (During the admission process, writing a good application essay may be the qualifying factor. The principle behind it is to provide a chance for students to express themselves in structured prose.)
- . Admission essay or statement of purpose basis of these admissions committee will judge candidates
- . All documents related to VISA
different MBA types in Canada
In Canada, there are many types of MBA degrees offered to fit international students’ diverse preferences and requirements. Below, some of these are detailed:
- Full-Time MBA: An MBA program prepares a student to enter the job market as a leader, with an awareness of the diversity of the Canadian workforce. The length of the program is normally one to two years and full-time students may choose to study. The curriculum is perfect for a student who can dedicate their time entirely to learning.
- Part-time MBA: In contrast to FT-MBA, an MBA program of longer length but more fitting for working professionals pursuing a degree alongside the job.
- International MBA: The IMBA offers some of the world’s best professors with business expertise and the ability to collaborate with the most recognized industry leaders in the world. International students are exposed to global experience, aside from individual growth, such as international field research, global courses, integrated curriculum, etc. The program’s duration is typically 20-28 months.
- Executive MBA: Typically the length of the program is 13 months where both personal and professional are the return on investment. It is ideal for students who want to work while studying and strive, along with classroom learning, to acquire practical corporate knowledge.
Expect foreign students to study in Canada to receive joint MBA degrees (a mixture of pharmacy, law, engineering with global affairs) and dual degrees (MBA/JD or MBA/MFA/MA).
MBA in Canada Course Fees
At Canada all citizens get high-quality life style, Fees for doing MBA in Canada University is between ,000-$ 40,000 it is less than fees taken by US and UK universities.
| University | Duration | Fee |
| Rotman School of Management | 2 years | $84,028 |
| York University – Schulich | 2 years | $99,400 |
| Queen’s Smith School of Business | 1 year | $71,445 |
| University of Alberta | 20 months | $53,392 |
| McGill Desautel | 20 months | $89,000 |
| UBC Sauder | 16 months | $60,440 |
| HHEC Montreal | 1 year | $33,200 |
| Ivey Business School | 1 year | $101,500 |
Scholarships in Canada:
Getting a scholarship for MBA is limited in Canada because the Master of Business Administration is a professional course. The scholarship is for those who have good academic performance. Sometimes because of the good score in GMAT and other achievements students get a good scholarship that means there half study is free.
Here are some scholarship programs students who want to get some financial aid can apply to these scholarship programs:
Ontario Graduate Scholarship (OGS): This is offered by the governments for the students who want to get a master and doctoral level education.
University of Waterloo Graduate Scholarship: This scholarship is offered by the University of Waterloo for merit list students who are doing their graduation.
Central Sector Scheme of National Overseas Scholarship for SC etc Candidates: This scholarship is provided to students who want to continue their study in master or Ph.D. from abroad and to the deserving candidates. UK’s students cannot get this scholarship.
Go clean Scholarship: This scholarship is for merit list ranked students who want to continue their higher studies from abroad.
jobs in canada after MBA
In Canada, Canada will potentially obtain a three-year work permit for foreign students who have completed a two-year master’s program from a Canadian University. In terms of work prospects in Canada, Canada opens a vast range of doors for MBA students as the second-largest nation on Earth. Some of these prospects for employment are discussed below:—
Finance and Consultancy:- The big recruiters of MBA students are conventional MBA employers, financial services companies and consulting firms. Therefore, the bulk of foreign students go to Canada for an MBA in Finance.
SMEs:- Small and medium-sized companies are now one of the main recruitment markets for talent in business schools. This choice is seen by MBA students who are specifically educated in the management field as a great opportunity for learning and exposure.
Technology:- Living in the 21st century, all other economic fields have been replaced by technology. For MBA students, technology-based firms have always been the most attractive career option.
With the exception of blessing the planet with thinkers such as Justin Trudeau, Canada has also succeeded in making its mark in the education industry. While Canada may not have an MBA as regards its neighbor (USD), the country’s immigration-friendly policies, multicultural culture, welcoming nature makes it one of the most popular destinations for international students.
