MBA in Canada: Top Universities, Colleges, Cost 2025, Eligibility

Master in Business Administration (MBA) in Canada: The Master of Business Administration or MBA in Canada is one of the most sought-after courses that offer a wide range of career opportunities to graduates worldwide. As an affordable alternative to studying in the US, Canada has several high-quality MBA options for prospective students. MBA from Canada is one of the most affordable courses for international students as compared to other popular study destinations. 

International students must meet the entry criteria and have an average GMAT score of 550-720 to pursue an MBA course in Canada. Applicants must have a bachelor's degree and meet English language requirements to study MBA program. MBA in Canada salary after completing the degree is around CAD 165,900 or INR 1.01 Cr (CAD 1 = INR 61.04 as of Jul 17, 2024). 

Also read: Study Guide to Canada for Indian Students

MBA in Canada Highlights

Over 50 MBA colleges in Canada offer Masters of Business Administration program for International students. Canada MBA fees range from INR 5 L to INR 70 L as per the university. Mentioned below are the highlights of the MBA in Canada for International students:

Head	Details
Total number of MBA Colleges in Canada	50+
MBA cost in Canada	INR 5 L to INR 70 L
Top Specialisations	General Management, International Business, Business (others), Finance, Economics, etc.
Exams required	GMAT, GRE, IELTS, TOEFL

 

Also read: Top Universities and Colleges in Canada

Types of Master in Business Administration (MBA) in Canada

MBA in Canada is available in multiple types for International students such as full-time, part-time, and executive MBA as well. Mentioned below are the types of MBA in Canada and their course module:

• Full-Time MBA - This is a traditional MBA program that typically lasts for one or two years. This MBA program will build a complete understanding of business and management and is available for students who want to study full-time. 
• Part-Time MBA - Part-time MBA in Canada are usually flexible and can be completed in two to four years. This MBA program is for working professionals who want to earn an MBA while continuing to work.
• Executive MBA - Executive MBA (EMBA) programs are typically part-time and allow students to continue working while earning their MBA degree. EMBA curriculum will focus on developing strategic thinking and decision-making skills.

Also read about Types of MBA Specializations in Demand Abroad

Top 10 MBA Colleges in Canada

Canada is home to some top-ranked universities in the world that offer quality master's programs to international students. Some MBA universities in Canada are ranked among the top 100 MBA schools in the world in 2025. Take a look at the best universities for MBA in Canada for international students in the table below:

MBA Colleges in Canada	QS MBA Ranking in Canada 2025	QS MBA Ranking in the World 2025
Toronto (Rotman)	1	25
McGill (Desautels)	2	29
UBC (Sauder)	3	38
Alberta School of Business	4	96
University of Waterloo	5	115
Western (Ivey)	6	120
HEC Montréal	7	159
McMaster University	8	176
University of Ottawa	9	189
Queen's (Smith)	10	193

Check the list of Top Ranked MBA Universities in Canada

Popular MBA Specializations for Canada

MBA in Canada for Indian students is available in multiple specializations. Some popular MBA specializations in Canada among International students are Marketing, Health Administration, HR Coordinator, Finance, Strategy, etc. The table below includes some popular MBA specializations to study in Canada:

Popular MBA Specializations for Canada
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	MBA in Healthcare Management

Also read: top MBA programs in Canada

MBA in Canada Fees

Canada MBA fees vary from INR 5 L to INR 70 L per year as per the university. Canada has around 22 colleges that offer MBA programs under INR 10 L per year. The cost of studying in Canada for Indian students depends on the types of course, and university/college. The cost of living in Canada is around INR 10 L to INR 15 L per annum on average. The living cost would be subject to increase/decrease depending on the lifestyle and preferred accommodation of the candidate.

Check the list of Most Affordable MBA Colleges in Canada

MBA in Canada Student Visa

International students who wish to study MBA in Canada must have a Canadian Students Visa for getting admission to top Universities in Canada. This permit is issued to students upon arrival in Canada. The Canada Student Visa cost is CAD 150 (INR 9,296) for Indian Students. 

Also read: Canada Student Visa Documents Checklist

MBA Requirements in Canada

Applicants must meet the MBA requirements Candidates looking to pursue an 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
• Students must appear in English proficiency tests such as IELTS, TOFEL, and PTE followed by a personal interview conducted by some universities to pursue an MBA in Canada
• 2 -3 years of work experience is mandatory for getting enrolled in various Canadian universities

Work Permit after 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 the 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-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 total amount.

MBA Jobs & Salaries for Canada

The table below the MBA placement record and MBA fees of popular MBA universities in Canada for Indian students:

College Name	MBA First-Year Tuition Fee	Average Salaries
McGill University	INR 14 L - 60 L	INR 57 L
University of Toronto	INR 18 L - 46 L	INR 87 L
McMaster University	INR 7 L - 41 L	INR 69 L
University of Windsor	INR 12 L - 22 L	INR 52 L
The University of British Columbia	INR 6 L - 43 L	INR 58 L

The below graph includes the average salary of MBA graduates by job profile:

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:

University	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 | Amazon.com | SAP | Amazon | Accenture | Ernst & Young | IBM | McKinsey | Apple | Toyota | Nestle | Google
University of Alberta	Google | HONEYWELL | PricewaterhouseCoopers | shell | KPMG | IBM | SAP | Amazon.com | 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

 

Sai Sneha07-23-2024 11:11