Top 10 MBA Colleges in Canada 2022: Ranks, Courses & Fees

Are you looking for good MBA colleges in Canada? Are you wondering which college would suit your requirement while handing you a recognised degree? Of yes, then you have landed on the right page.

This article will discuss not only the names of the Top 10 B-Schools in Canada but also provide details on full-time MBA tuition fee, MBA class profile, GMAT scores required for eligibility, etc. You will also discover a list of popular business programmes offered by Top 10 Universities for MBA in Canada. Additionally, you will get insights into the part-time and executive business programmes offered by reputed Canadian colleges.

Canada is one of the most sought-after countries for studying amongst international students. With its immigration-friendly policies and an array of post-study opportunities, international students went to study in top universities in Canada for an MBA. Apart from this, there are numerous best MBA colleges in Canada which offers world-class education to students.

Why study an MBA in Canada?

With state-of-the-art universities and excellent job opportunities to MBA graduates after completing their studies, Canada is on the list of top countries for studying MBA abroad. Many Canadian universities offer both full-time as well as part-time MBA courses to international students. Let us now discuss the top 10 Universities for MBA in Canada.

Top 10 Universities for MBA in Canada

Here is a list of the best Canadian business schools or the top 10 universities for MBA in Canada:

1. Ivey Business School
2. Schulich School of Business
3. Rotman School of Management
4. Desautels Faculty of Management
5. Sauder School of Business
6. Queen's School of Business
7. HEC Montreal
8. Alberta School of Business
9. Beedie School of Business
10. Edwards School of Business

Keep reading for the details on types of programmes offered in all these universities along with understanding their class profiles.

Details on Best MBA Colleges in Canada

Having studied about the reasons and benefits of studying in Canada, let us now discuss details of the best MBA Colleges in Canada along with the tuition fee, business programmes offered, class profile, GMAT scores required, etc.

1. MBA at Ivey Business School – University of Western Ontario

Established: 1922

Credited with establishing Canada's first MBA and PhD programmes in business, Ivey is one of the most prestigious business schools of Canada. The school also has an outstanding track record for developing leaders. The school is known for its state-of-the-art curriculum and Cross-Enterprise learning method.

Some of the programmes offered are:

• HBA (Honours Business Administration)
• MBA (Ivey)
• Executive MBA
• Accelerated MBA
• MSc in Management
• Executive Development
• PhD MBA

Ivey Business School MBA Class Profile of 2021

• Average Age: 28.4
• GMAT Range: 520-760
• Median GMAT: 660
• Average Years Work Experience: 4.8 years
• Indian Citizenship/Birth Country: 17%/22%
• MBA Tuition Fees: CAD  1,20,500 (for International students) + other expenses of CAD 23,164
• MBA World Rankings: PG Business and Economics - THE (Times Higher Education) 2021 #126-150, Global MBA - QS 2021 #69, GMBA Ranking - FT (Financial Times) 2020 #87, Best Business School Canada - Bloomberg 2019 #1

2. MBA at Schulich School of Business – York University

Established: 1966

Recognised for its global reach, innovative programmes, and diverse perspectives the Schulich MBA is a 16-month programme that offers an integrated approach to general management fundamentals and combines classroom learning with hands-on experience through an eight-month strategic consulting project working with real clients, problems, and solutions. The programme offers 19 different specialisations, year-round study options including full-time, part-time (evening and weekend) and accelerated, 75 exchange partners and internship opportunities. The school is known for being highly selective for its undergraduate programmes, with an acceptance rate of approximately 8%.

The programmes offered are:

• BBA, iBBA (International BBA)
• MBA, iMBA (York)
• MPA (Master of Public Administration)
• MF (Master of Finance)
• Master of Accounting
• MSc in Business Analysis
• Executive MBA
• MBA/MFA/MA (MBA/Master of Fine Arts/Master of Arts)
• MBA/JD (MBA/Juris Doctor)
• PhD
• Financial Engineering
• Post-MBA Diplomas
• Executive Education Programs

York University MBA Class Profile of 2019

• Average Age: 29
• Average Work Experience: 5 years
• Average GMAT: 660
• GMAT Range: 550 – 800
• Average GPA: 3.3/4.0 (B+)
• International Students: 50%
• MBA Tuition Fees: CAD 53,460 and living expenses of CAD 23,247
• MBA World Rankings: Global MBA - QS 2021 #88, PG Business and Economics - THE (Times Higher Education) 2021 #101-125

3. MBA at Rotman School of Management – University of Toronto

Established: 1950

The Joseph L. Rotman School of Management commonly known as Rotman School of Management, or just Rotman, has been offering undergraduate courses in management since 1902. The school’s dean, Roger Martin is considered as one of the most influential management thinkers in the world by Business Week. The school aims to become one of the world's top ten business schools. Rotman is known for an innovative curriculum with a cross-functional and integrative approach.

Programmes offered:

• MBA (U of T)
• Skoll BASc/MBA
• JD/MBA
• Master of Global Affairs (MGA)/ MBA
• Morning and Evening Part-time MBAs
• Omnium Global Executive MBA
• Rotman Commerce (undergraduate degree)
• Master of Financial Economics
• Collaborative Program in Asia Pacific Studies
• Collaborative Program in Environmental Studies
• Dynamics of Global Change Program
• PhD

U of T MBA Class Profile of 2023

• Class strength: 278
• Average Age: 28
• Average Work Experience: 5 years
• Average GMAT: 678 GMAT Range: 550 – 780
• International Students: 58% MBA Tuition Fees: CAD 64,910 (for International students) + CAD 19,306 (other expenses)
• MBA World Rankings: Global MBA - QS 2021 #45, PG Business and Economics - THE (Times Higher Education) 2021 #24, Best Business School Canada - Bloomberg 2020 #7

4. MBA at Desautels Faculty of Management – McGill University

Established: 1906

The MBA programme at McGill University’s Desautels Faculty of Management is touted as one of the world’s most recognised, international and dynamic degree programmes. Desautels houses numerous research centres and academic programmes at the undergraduate, masters, executive, and PhD levels. The curriculum is built on an integrated, interdisciplinary model that combines research, practice, and teaching. This valuable, holistic approach prepares students to successfully manage and lead in today’s increasingly interconnected world. The school’s graduates and faculty have included six Nobel Prize winners and 127 Rhodes Scholars.

Programmes offered:

• BCom
• Honours in Investment Management Program
• International Management
• International Summer Program
• MBA (McGill)
• Professional Part-time MBA Program
• Law MBA Program
• MD MBA Program
• McGill-HEC Montreal Executive MBA
• International Masters for Health Leadership
• MBA Japan
• Post-MBA Japan
• International Masters in Practicing Management
• Masters in Manufacturing Management Program
• Public Accountancy
• McGill Executive Institute
• McGill-HEC Montreal Executive MBA
• Advanced Leadership Program
• International Masters in Practicing Management
• PhD

McGill MBA Class Profile of 2021

• Average Age: 28.5
• Average Work Experience: 5 years
• International Students: 55%
• Average GMAT score: 670
• GMAT (range): 600 – 780
• Overall GPA: 3.3/4.0 (B+)
• MBA Tuition Fees: CAD 62,187 + CAD 16,485 (other expenses)
• MBA World Rankings: Global MBA - QS 2021 #59, PG Business and Economics - THE (Times Higher Education) 2021 #82, Best Business School Canada - Bloomberg 2020 #5

5. MBA at Sauder School of Business – University of British Columbia

Established: 1956

One of world’s leading academic business schools, Sauder School of Business, is dedicated to rigorous and relevant teaching, with programmes creating business leaders who drive change and shape industries and organisations around the world. The School has produced than 34,000 accomplished business professionals in 77 countries.

Programmes offered:

• MBA (UBC)
• Part-time MBA
• International MBA
• Master of Management
• Master of Management in Operations Research
• EMBA in Health Care
• Joint MBA/JD
• Joint MBA/MAPPS
• Bachelor of Commerce
• MSc in Business Administration
• PhD in Business Administration
• Diploma in Accounting Program (DAP)
• Diploma in Marketing and Sales Management
• Executive Training/Programs
• Licensing Courses and Credit Programs (Real estate)
• Business Families Centre Programs
• Advanced Management Program
• Ch'nook Scholars Program

UBC Typical MBA Class Profile

• Average Age: 29
• Average Work Experience: 5 years
• Average GMAT: 650 (at least 550 or higher)
• Average GPA: 3.3/4.0 (B+) or 76%
• International Students: 55%
• MBA Tuition Fees: CAD 67,543 + CAD 27,196 (other expenses)
• World Rankings: Global MBA - QS 2021 #94, PG Business and Economics - THE (Times Higher Education) 2021 #28

6. MBA at Queen's School of Business – Queen's University

Established: 1919

The Queen's School of Business is a part of Queen's University but managed separately with its dean and budget. Queen's Commerce is Canada’s oldest and most prestigious undergraduate business programme. The school utilises an innovative approach to team-based learning and experiential learning. In addition to its highly acclaimed MBA programmes, Queen's School of Business is also home to Canada's most prestigious undergraduate business programme and several outstanding graduate programmes. The school is one of the world's largest and most respected providers of executive education.

Programmes offered:

• Bachelor of Commerce
• MBA (Queen's)
• Executive MBA
• Cornell-Queen's Executive MBA
• Accelerated MBA for Business Graduates
• Executive Education
• Master of International Business
• Master of Finance – Toronto
• Master of Management Analytics – Toronto
• Graduate Diploma in Accounting
• Master of Science in Management
• PhD

Queen's MBA Class Profile

• MBA Tuition Fees: $85,000 (for International students) + $1600 (Student Activity Fees) MBA
• World Rankings: Global MBA - QS 2021 #66, Best Business School Canada - Bloomberg 2019 #2

7. MBA at HEC Montreal

Established: 1907

HEC Montréal was Canada’s first business school when founded in 1907. The School is also the first and one of two schools in North America to hold the three most prestigious accreditations in its field: AACSB International, EQUIS, and AMBA. The school is known for its research in finance, economics, logistics, information technologies, and operations research. It is known for its international atmosphere, with one-third of the students and 40% of professors coming from abroad, and favours a multilingual approach to business education, offering bilingual (French and English) and trilingual (French, English, and Spanish) bachelor's degrees, and graduate degrees both in English and in French.

Programmes offered:

• Bachelor of Business Administration (BBA)
• Certificates
• MBA (HEC)
• EMBA
• D.E.S.S. (Graduate Studies Diploma)
• Master of Science in Electronic Commerce
• Master of Laws, Taxation option (LL.M)
• Master of Management in Cultural Enterprises
• Short Graduate Program – CGA
• Short Graduate Program in Process Performance Improvement - Health and Social Services System
• Master of Science in Administration
• Short Graduate Program in Data Mining in Business Intelligence (in French only)
• Master of Management in International Arts Management
• PhD in Administration
• Executive education programs

HEC MBA Class Profile for 5 years

• Average Age: 31
• Average Work Experience: 7 years
• Average GMAT: 630
• Average Tage-Mage scores: 345
• Represented countries: 66
• MBA Tuition Fees (2014): CAD 54,000 (for International students) + CAD 1,658 (other expenses)
• MBA World Rankings: Global MBA - QS 2021 #141-150, Best Business School Canada - Bloomberg 2020 #3

8. MBA at Alberta School of Business – University of Alberta

Established: 1916

The Alberta School of Business, University of Alberta, is a research-intensive publicly funded institution. It consistently ranks in the top 50 publicly-funded universities for research by the Financial Times of London. The Alberta MBA provides for a personalised and high-quality experience with a focus on teamwork. The Alberta School of Business has produced four winners of the national 3M Teaching Fellowship, more than any other Canadian business school.

Programmes offered:

• Alberta BCom
• MBA (UofA)
• Part-Time Evening MBA
• Executive MBA
• Fast Track MBA for Business Graduates
• Ft. McMurray MBA
• Doctor of Philosophy
• Executive Education
• Master of Financial Management

Alberta's MBA Class Profile

• Average Age: 28
• Average Work Experience: 5 years
• Average GMAT: 630
• Average GPA: 3.4/4.0
• International students: 50%
• MBA Tuition Fees (2019): CAD 16,520 (for International students) + CAD 21,719 (other expenses)
• MBA World Rankings: QS Ranking 2019 World University Ranking # 109, Bloomberg 2019 Global Best Business School Ranking 2019 # 103

9. MBA at Beedie School of Business – Simon Fraser University

Established: 1966

Simon Fraser University (SFU) is home to the first Executive MBA (EMBA) programme in Canada, and now, the largest business school in Western Canada. The school offer various under undergraduate and graduate programmes in business.

Programmes offered:

• Bachelor of Business Administration
• Executive Education
• Full-Time MBA (SFU)
• Part-Time MBA
• Executive MBA (EMBA)
• EMBA in Aboriginal Business and Leadership
• Management of Technology MBA
• Master of Science in Finance
• Graduate Diploma in Business Administration
• PhD
• Research

Simon Fraser's MBA Class Profile

• Average Age: 27.5
• Average Work Experience: 5 years
• Average GMAT: 630
• Average GPA: 3.4/4.0 (B+) or 76%
• Typical Countries of Origin: Canada, India, China, USA, Mexico, Iran, Brazil, Peru, Greece, Pakistan, Lebanon, Malaysia, Italy
• MBA Tuition Fees (2019): CAD 51,700 (for International students) + CAD 21,668 (other expenses)
• MBA World Rankings: QS Ranking 2019 World University Ranking # 264

10. MBA at Edwards School of Business – University of Saskatchewan

Established: 1914

The Edwards Master of Business Administration focuses on developing an integrative and strategic approach to management, gaining a deeper understanding of organisations and their local and global context. The programme focuses around team-building, leadership and business strategy. The school strives for a diverse student cohort, ensuring that your experience in the classroom in addition to the academic programme, adequately prepared you for the work world of business. The uniqueness of the Edwards MBA lies within its modular delivery, in that it allows a student to incorporate their studies into their lifestyle – 12 months or 36 months

Programmes offered:

• Bachelor of Commerce
• MBA Program (uSask)
• Master of Science in Finance Program
• Master of Professional Accounting Program
• Business Administration Certificate
• Executive Business Administration Certificate
• Aboriginal Business Administration Certificate
• Edwards Executive Education
• The Cameco Business Co-operative Education Program (BCEP)

Saskatchewan's MBA Class Profile

• Average Age: 30
• Average Work Experience: 6 years
• Average GMAT: 560
• International students: 15%
• MBA Tuition Fees (2018): CAD 47,409 (for International students) + CAD 12,210 (other expenses)
• MBA World Rankings: QS Ranking 2019 World University Ranking # 461

You may also be interested in finding out the other details of pursuing MBA in Canada along with information on eligibility, scholarships, cost of living, the application process, post-study work permit in Canada, etc.Also, refer to the list of top business schools in the USA, Canada, and Australia to pursue an MBA without GMAT.

Popular Part-Time MBA Programmes in Top B-Schools in Canada

Some aspirants do not have the time or funds to invest in a full-time MBA programme. There are multiple options available for such aspirants. Check out the following part-time business programmes offered by some of the top Canadian universities:

Programme Name	Tuition fee	Course duration
University of Alberta – Executive MBA	$51,020	6 years maximum
York University – Schulich International MBA	$99,400	20 months
Rotman School of Management – Morning and Evening MBA	$109,970	32 months
Queen's University – Accelerated MBA for Business Graduates	$81,000	12 months (1 year)

To receive expert guidance on best MBA colleges in Canada, register with Shiksha and avail the free-of-cost counselling services starting from profile evaluation until visa filing. Learn how the Shiksha counsellors rate student chances of getting into a college abroad.

All the best!