MBA in Canada: Universities, Colleges & Fees

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Piyush Kohli Study Abroad Expert
Updated on Apr 21, 2022 22:42 IST

MBA in Canada: The Master of Business Administration (MBA) is one of the most sought-after courses that offers a wide range of career opportunities for students worldwide. MBA in Canada is offered by approximately more than 40 universities and colleges. To pursue MBA from top MBA universities in Canada an average GMAT score of 550-720 is required. MBA in Canada is one of the most affordable courses for international students as compared to other popular study destinations.

MBA in Canada Highlights

Total number of MBA Colleges in Canada

Approximately 40+ MBA colleges

MBA cost in Canada

INR 26 lakhs (approx.)

Top Specialisations

General Management, International Business, Business (others), Finance, Entrepreneurship, Supply Chain, Economics

 Exams required


Top 10 MBA Colleges in Canada

Here is a list of the top full-time MBA programs in Canada by QS.


QS University Rankings MBA 2022

Toronto (Rotman)


Queen's (Smith)


Western (Ivey)


McGill (Desautels)


York (Schulich)


UBC (Sauder)


Alberta School of Business


Concordia (John Molson)


HEC Montréal


Dalhousie (Rowe)


Top MBA Specialisations in Canada

Here is a list of top MBA Specialisations in Canada for Indian students looking to study in the country.

MBA in General Management

MBA in Entrepreneurship

MBA in Finance

MBA in Economics

MBA in Business (Others)

MBA in International Business

MBA in Supply Chain


Top MBA Universities in Canada – by Specialisation

In this section, we are going to talk about the top MBA universities in Canada as per popular ranking publications.

Top Colleges for MBA in General Management in Canada


QS World University Rankings 2022

University of Toronto


The University of British Columbia


University of Alberta


McGill University


York University


MBA in Canada Cost

In this section, we will be discussing the average cost of studying MBA in Canada and the cost of living in Canada for international students. The average first-year MBA in Canada cost is INR 25.96 lakhs. The average cost of living in Canada is around INR 5.97 lakhs per year. The living cost would be subject to increase/decrease depending on the lifestyle and preferred accommodation of the candidate.

Canada Student Visa

If you wish to take academic, professional, or vocational training at a university, college, or any other educational institution in Canada, you will require a student visa before entering Canada. This permit is issued to students upon arrival in Canada. However, to get there, a student must first apply for a Temporary Residence Visa issued by the Canadian High Commission which is facilitated by Visa Application Centers. The Canada Student Visa cost is CAD 150.

MBA in Canada – Eligibility Criteria

Candidates looking to pursue MBA in Canada are required to fulfill these primary requirements:

  • Students must have a bachelor's degree in any disciplinary
  • A minimum score of 75% in bachelor's or equivalent CGPA
  • Most universities require GMAT or GRE scores for admission
  • For pursuing MBA in Canada, students must appear in English proficiency tests such as IELTS, TOFEL, PTE; followed by a personal interview conducted by some universities
  • 2 -3 years’ of work experience is mandatory for getting enrolled in various Canadian universities

Work Permit after studying MBA in Canada

Getting a PGWP (Post-Graduation Work Permit) while studying in Canada depends largely on the chosen course and its duration. Permission to work under the PGWP is usually issued for the duration of the study program. The maximum length of the PGWP in Canada is 3 years. It means that if the duration of your post-graduate course is two years, you get a three-year PGWP visa. A postgraduate work permit cannot be issued for more than the duration of program. The duration of the course should be at least eight months for you to obtain a PGWP permit in Canada.

MBA Scholarships for Canada

International MBA students in Canada can apply for many scholarships. Candidates seeking MBA scholarships to study in Canada can view the most comprehensive study of abroad scholarships mentioned on our website. Our website currently registers almost 200o scholarships distributed in 11 countries amounting to over INR 1,300 crores in the total amount.

MBA Jobs and Salaries for Canada

In this section, we are going to talk about top MBA universities in Canada their first-year tuition fees and the average salary students can expect upon graduation.

College Name

First-Year Tuition Fee

Average Salaries (Source – emolument)

McGill University

INR46.8 lakhs


University of Toronto

INR 39.42 lakhs


McMaster University

INR 23.7 lakhs


University of Windsor

INR 30.0 lakhs


The University of British Columbia

INR 49.1 lakhs


Top Recruiters for MBA in Canada

Canada is home to some of the top multinationals and being an immigrant-friendly nation it is one of the best places to work after studying MBA in Canada. Below we have listed some of the top MBA recruiters in Canada.


Top Recruiters

University of Toronto

American Express | Hyundai | Google | Capital One | Citigroup | IBM | TATA | Deloitte | Procter Gamble | Ernst & Young | PWC | Goldman Sachs

The University of British Columbia

Aditya Birla Group | | SAP | Amazon | Accenture | Ernst & Young | IBM | McKinsey | Apple | Toyota | Nestle | Google

University of Alberta

Google | HONEYWELL | PricewaterhouseCoopers | shell | KPMG | IBM | SAP | | Microsoft | Deloitte | Ernst & Young | Infosys

McGill University

ABB | Deloitte | Unity Technologies | GlaxoSmithKline| KPMG | BCG |Walmart| CIBC | IBM | Scotiabank|McKinsey & Company | Infosys

York University

KPMG | IBM | E&Y | Deloitte | Microsoft | Amazon | PWC | Siemens | IBM | P&G | SONY | American Express

MBA in Canada FAQs

Q. Is MBA from Canada worth it?

A. As one of the largest and most powerful economies in the world, Canada offers many job opportunities to MBA graduates. In addition, it is home to some of the top MBA recruiters such as Deloitte, Unity Technologies, GlaxoSmithKline, PWC, KPMG, etc., and provides a peaceful environment for international students who want to study abroad.

Q. How to study in Canada for free?

A. If you want to study in Canada for free, you can choose to go to a low-paying university and get a part-time job. Another way to reduce your expenses is to get a scholarship.

Q. Are there scholarships to study MBA in Canada?

A. Yes, you can check a comprehensive list of a variety of scholarships for studying MBA in Canada that you can apply for on our website.

Q. Is work experience mandatory for studying MBA in Canada?

A. Yes, prior experience of 2-3 years is required.

Q. How much GMAT score is required for MBA in Canada?

A. The required GMAT score range is 550-650. However, there are some colleges in Canada where GMAT is not a mandatory requirement.

Q. Is MBA from Canadian University accepted in India?

A. Yes, an MBA from a Canadian university is recognized worldwide. If you are planning to return to India after completing your MBA in Canada, it is not just your formal and accredited education, you are more likely to earn better than those with an MBA from their home country. 

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