The Master of Business Administration (MBA) is one of the most sought-after courses and offers an array of career opportunities to students across the globe. The MBA degree offers a deep understanding of various aspects of management, in addition to real-life applications and experiential knowledge that pushes students to discover practical business solutions.

If you are seeking an MBA degree in Canada, check out our comprehensive guide to learn about the best business schools and universities, as well as eligibility requirements, tuition fees, intakes and more.

Table of content:

  • Why study MBA in Canada?

  • How much does it cost for obtaining an MBA in Canada?

  • How many years is an MBA in Canada?

  • How do you select the right university for your MBA degree?

  • Top 10 business schools in Canada for your MBA degree

  • Admission requirements for MBA in Canada

  • 1 year MBA in Canada

First, why study MBA in Canada?

  • An MBA degree from Canada is internationally recognized, and it will enhance your career prospects and earnings potentials

  • In comparison to other countries, studying MBA in Canada is less expensive.

  • Canadian business schools offer internship opportunities to help students gain industry experience while studying their MBA degree

  • Canada is a multicultural country, which means that you will study alongside students from different cultures. This will enable you to broaden your cultural perspective of business and management.

How much does it cost for MBA in Canada?

The average cost of an MBA degree in Canada is approximately CAD 20,000–CAD 50,000 per year (an indicative price). Your certified IDP counsellor can provide you with the latest information about the cost of studying for an MBA degree in Canada and help you choose the best business school that suits your budget.

Read more on the cost of study in Canada

How many years is MBA in Canada?

The duration of most of the MBA programs in Canada is 2 years. However, some business schools in Canada offer an Accelerated MBA which would take 18 months to complete. Other universities and colleges offer a one-year MBA degree.

Read more on master’s in Canada

How do select the right university for your MBA degree?

Selecting a university to study in can be rather tedious task. Here some of the key factors to consider while selecting the right university for your MBA in Canada:

  • Academic Excellence – Make sure the university you select to study in offers high quality education with excellent teaching standards.

  • International student support – It is advised to select a university that has a well-planned structure for international students that includes orientation to the university, accommodation help and other advice services.

  • Location – Analyse the location of the university and its nearby area as you will be staying there for a substantial period of time.

  • MBA cost – Take into account the cost of MBA programs as it varies from university to university.

Top 10 business schools in Canada for your MBA degree

According to the QS Global MBA Rankings in Canada, these 10 universities and their business schools offer the best MBA programs in Canada:

Admission requirements for MBA in Canada

Most business schools in Canada require the below for MBA admission:

1 year MBA in Canada

In recent years, the one-year MBA from Canada has become increasingly popular among students who can only study abroad for a short time. Getting your MBA in Canada in just a year can give your career a significant boost without putting undue stress on your finances.

FAQs about the MBA Programs in Canada

Is Canada good for pursuing an MBA?

A master's degree in business administration (MBA) in Canada is generally preferred by international students because of the country's higher pay scale structure and the cost of education is less than that in other countries.

How to get a job in Canada after an MBA?

You can get your foot in the door for a job after graduation in Canada through the Post-Graduation Work Permit Program.

Can I get a Permanent Residency (PR) after an MBA in Canada?

With the course duration of an MBA program being two years, you can expect a Canada work permit of up to 3 years. Aspirants are permitted to work and live legally in Canada with a work permit valid for three years. You may apply for permanent residence in Canada during this time if you meet the necessary requirements – Please consult the IDP Office in Canada as they can direct you to our immigration partners.

  • 12 months of full-time work: 30 hours/week for 12 months = 1 year full-time (1,560 hours)OR

  • Equal amount in part-time hours, such as:

15 hours/week for 24 months = 1 year full-time (1,560 hours)30 hours/week for 12 months at more than 1 job = 1 year full time (1,560 hours)Also, you must complete an Express Entry profile.