Step up the success ladder with Canada’s excellent MBA programs

MBA, the popular acronym for Master of Business Administration, is a highly specialised and much-demanded study program in Canadian universities. Several international students opt for the course to make a significant entry into the area of work of their choice with a prestigious, highly-valued MBA program. Besides offering the course at considerably reasonable prices, Canadian universities also offer a host of specialisations in MBA programs to international students. This article details the top reasons for pursuing an MBA in Canada, its fee structure, and eligibility requirements.

Why Study MBA Courses in Canada?

MBA is a highly popular degree worldwide, and several international students choose to pursue it Canada. Here are some key reasons MBA in Canada is in great demand:

  • Canada offers MBA programs at relatively lesser fees than what is charged in other abroad destinations.

  • Canadian MBA degrees are internationally accredited, which makes it easier for graduates to find an appropriate job after an MBA anywhere in the world.

  • Most Canadian universities offer internships and placement opportunities to students upon course completion, allowing them to put their knowledge to practical use in the industry.

  • As per the MBA 2022 Employment Report of the Smith School of Business, nearly 51% of the graduates from the university found jobs in the Consulting sector.

Related Source: https://smith.queensu.ca/mba_programs/mba/CAC-MBA-EmploymentReport.pdf

Specialisations in MBA in Canada for International Students

An MBA degree is one of the most sought-after postgraduate programs opted for in Canada by students from different parts of the world. The course is in high demand due to the ample job opportunities it can open up upon graduation. Several students in Canada pursue an MBA and a host of specialisation courses depending on their interests. Some of the key specialisations in MBA programs in Canada are:

  • Entrepreneurship

  • Marketing

  • Management

  • Healthcare Management

  • International Business

Cost of Studying MBA Courses in Canada for Indian Students

The average cost of pursuing an MBA degree from a Canadian university is estimated between CAD 30,000 and CAD 40,000 per year. The figures are indicative and likely to vary between different universities. For a more accurate estimate of the MBA cost in Canada, speak to your study-abroad expert.

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Eligibility Criteria and Admission Requirements to Study MBA Courses in Canada

Students interested in pursuing MBA courses from Canada are required to adhere to certain eligibility criteria for colleges. While each university may have a different requirement for admission, some of the common MBA entry requirements in Canada are:

  • An undergraduate degree in any relevant discipline from a recognised university in Canada or an international equivalent qualification from overseas

  • Prior professional experience in a related domain of work (preferred by some universities)

  • SOP outlining the purpose of study in Canada

  • Interview for admission (in case required at the applied university)

  • GMAT scores (as required by the applied institution)

  • An overall 6.5 on the IELTS Test Report Form as proof of English proficiency for international students

  • LOR (minimum 2)

Disclaimer: The admission requirements for MBA programs at different universities in Canada may vary. Please consult your study-abroad expert for more details.

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Top Universities / Colleges in Canada for MBA Courses

Canada is known worldwide for some of its best MBA colleges that impart top-class learning to students from all parts of the world. Some of the most popular MBA colleges in Canada among international students are listed as follows:

Related Source: https://www.topuniversities.com/university-rankings/university-subject-rankings/2023/business-management-studies?page=1&countries=ca

Career Opportunities After Pursuing MBA Courses in Canada

An MBA degree from an acclaimed university in Australia has the potential to generate employment opportunities in various sectors for graduates. Some of the most-bagged jobs after MBA in Canada include:

  • Project Manager

  • Investment Analyst

  • Sales Manager

  • Human Resource Director

  • Business Development Manager

FAQs

1. Which MBA specialisation has more scope in Canada?

Accounting and Finance specialisations are generally considered more popular in Canada for MBA courses among international students.

2. Which universities in Canada offer MBA courses?

Some of the famous Canadian universities offering MBA study programs are:

  • University of Toronto

  • Queen’s University

  • Western University

Related Source: https://www.topuniversities.com/university-rankings/university-subject-rankings/2023/business-management-studies?countries=ca

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3. How much does an MBA cost in Canada?

The actual fee structure for an MBA course at a Canadian university may vary; however, the average cost of pursuing the course at a recognised institution is likely to range between CAD 30,000 and CAD 40,000 per year.

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4. What is the salary after an MBA in Canada?

Students with an MBA from an accredited Canadian university can expect to earn an average annual pay scale between CAD 56,000 and CAD 83,000. The figures are indicative and only used for reference.

Related Source: https://www.glassdoor.ca/Salaries/mba-salary-SRCH_KO0,3.htm

5. What jobs can I do in Canada after pursuing an MBA course?

MBA graduates from Canadian universities can look forward to applying for several lucrative career positions, such as:

  • Management Consultant

  • Financial Manager

  • Operations Manager

  • Marketing Manager

6. Is getting a job in Canada easy after an MBA?

With the right knowledge, skills, qualifications, and relevant prior experience (generally preferred by most employers), MBA graduates in Canada are highly likely to find the job of their choice.

7. Which one is better - an MBA or a PGDM from Canada?

An MBA is pursued as a degree program at the postgraduate level, while a PGDM is a postgraduate-level diploma course for students. An MBA offers domain-specific learning and generally better career prospects to students upon graduation than PGDM courses.

8. Can I work while studying MBA in Canada?

Yes, international students in Canada are permitted to work part-time for up to 20 hours per week while pursuing an MBA degree from a university in the country. Students are also allowed to work full-time during college holidays and breaks.

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