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MBA Courses at McMaster University

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McMaster University MBA/PGDM
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What’s New at McMaster University MBA 2024? Oct 11, 2024, is the McMaster University application deadline for international students for 1st round.

One of the top 10 universities in Canada, McMaster University offers the best Master of Business Administration program for international students. The McMaster University ranking for the MBA program is 151-200 in the world. High ranking if the program and quality education make the McMaster best choice to study MBA in Canada for international students.  

International students can submit their McMaster University admission application online and complete it by submitting the required information. Students need to provide their academic qualifications, additional test scores, and other details during the application process. There is a McMaster University application fee, which students need to pay to submit the application

Download the McMaster University MBA brochure for more detail

McMaster University MBA Tuition Fees

Among all the McMaster master’s programs, the MBA is the most preferred choice among international students. McMaster offers an MBA program in two different degrees, i.e., Full-time MBA and MBA with Co-op. The McMaster University fees for international students to study MBA program are between INR 24.8 L - INR 58.9 L.

Fees components

Amount

Tuition & fees

INR 58,86,720

Hostel & Meals

INR 7,20,510

Insurance

INR 46,358

Total

INR 66,53,588

Also read: Most Affordable MBA Colleges in Canada

McMaster University MBA Entry Requirements

International students who wish to study Master of Business Administration program at McMaster must meet the admission requirements. They need to complete the admission application before the McMaster University deadline.

McMaster University MBA Selection Criteria

To complete the McMaster MBA admission application, international students must meet the entry requirements. They also need to submit their additional test score on the GMAT/GRE while submitting the application. There is a McMaster University application fee for international students, i.e., CAD 150, which students need to pay to submit the application. Check below the McMaster University admission requirements for international students to study MBA program:

  • A bachelor’s degree with a “B” or 75% average, or higher, in the final two years of your degree
  • Additional test scores of GMAT/GRE

  • English Language Proficiency test score of IELTS or TOEFL

  • Two Letters of Recommendation

  • KIRA online interview

Also read: Eligibility for MBA in Canada for Indian Students in 2024

McMaster University MBA English Language Proficiency Exams

International students whose native language is not English must provide proof of English Language Proficiency. McMaster University accepts IELTS and TOEFL scores as an English Language Proficiency requirement for MBA admission.

English Language Tests

Minimum Score Required

IELTS

7/9

TOEFL

100/120

McMaster University Acceptance Rate

The McMaster University acceptance rate is 59%, which means out of 100 applications received only 59 are admitted. The high acceptance rate at the university makes the McMaster University admission slightly competitive for international students. It is necessary to have a qualifying GPA to get into the university successfully.

McMaster University MBA Admission Dates

To study the MBA program at McMaster, International students can apply for admission in three different terms, i.e., September, January, and May. The McMaster University application deadline 2024 for MBA admission is Oct 11, 2024, for Round 1. We have mentioned below the McMaster University MBA admission dates for international students:

Rounds

Application Deadlines

Round 1

Oct 11, 2024

Round 2

Nov 28, 2024

Round 3

Feb 28, 2025

McMaster University MBA Rankings

The McMaster University ranking for the MBA program is high, as it ranks among the top MBA universities in Canada by QS World University MBA Ranking 2023. Currently, McMaster ranks 11 in Canada for the MBA program. If we talk about the McMaster University QS ranking for MBA in the world, then it is ranked 151-200.

McMaster University MBA Scholarships

McMaster University scholarships are offered to full-time international students at the time of admission. Students get scholarships based on their academic and extracurricular achievements. Some McMaster scholarships are automatically awarded based on grades and others require an application. In 2023, the average scholarship received by an admitted applicant was USD 6K. The McMaster Entrance scholarships range from USD 3K to USD 30K.

Scholarships

Benefits

The Cecil and Yvette Yip Graduate Bursaries

Tuition & Fees waiver

The David S. Daly Academic Grant

Tuition & Fees waiver

The George and Nora Elwin Scholarship

INR 3,09,250

The Golden Bruce Bursary

Tuition & Fees waiver

Read more about the Top Canada Scholarships for International Students in 2023

McMaster University MBA Placements

For the MBA class 2022, the McMaster University employment rate is 95% for MBA graduates. McMaster University MBA Graduates get employment within three months after graduation. The McMaster University average salary for MBA graduates is USD 82,464 and the average signing bonus received by the graduates is USD 8,782. Financial Services is the top industry, which hires the highest number of MBA graduates. Check the below list of employers who have hired McMaster MBA graduates:

  • Amazon
  • CIBC
  • Deloitte
  • Google
  • IBM
  • KPMG
  • P&G

International students can check Highest Paying Jobs in Canada in 2023

McMaster University vs York University vs Western University

McMaster University, York University, and Western University are the top universities in Canada. They offer the best Master of Business Administration program for international students. Every year, many international students apply to these universities to study MBA abroad in Canada. We have compared them below in terms of MBA fees in Canada and QS MBA ranking:

MBA Universities in Canada

1st Year Tuition Fees

QS MBA Ranking 2023

McMaster University

INR 24.8 L - 58.9 L

151-200

York University

INR 31.9 L - 49.1 L

98

Western University

INR 50.9 L - 77.6 L

69

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McMaster University MBA FAQs

Q:   What are the benefits of studying MBA at McMaster University Canada?

A: 

Master of Business Administration (MBA) is one of the best courses offered at McMaster University Canada. With the help of this course, students get to develop communication skills, analytical and strategic thinking abilities, and leadership skills by getting to work in teams. Given below are the details of the McMaster University MBA:

ParticularsDetails
Annual Tuition CostCAD 113,500 (INR 70 L)
Duration20 months (including an optional 4-month paid summer internship)
Placement Rate94% of the students get placed within 10 months of graduation
Specializations

General MBA

Accounting & Financial Management Services

Business Analytics

Finance

Health Services Management

Strategic Marketing

Strategic Business Valuation

Average Salary & Signing Bonus

Salary: CAD 81,900 (INR 50 L)

Signing Bonus: CAD 9,900 (INR 6 L)

Salary & Signing Bonus Range (the lowest - the highest)

Salary: CAD 44,500 (INR 27.4 L) - CAD 128,800 (INR 79.3 L)

Signing Bonus: CAD 1,500 (INR 92.3 K)- CAD 50,900 (INR 31.3 L)

Conversion Rate: 1 CAD = INR 61.60

Q:   What are the requirements for MBA course at MCMasters University?

A: 

In order to get into McMaster University for MBA, international applicants must fulfill the admission requirements listed below:

  • Applicants need a minimum GPA requirement of 8.0 which is a B average. Applicants with a GPA below 8.0 may be able to qualify for GMAT waiver. However, the University still asks the applicants to submit a GMAT score;

  • 2 Letter of Recommendations (One academic and one from a direct supervisor or manager);
  • At least 1 year work experience in any field;

  • Resume showing professional experience;
  • If a GMAT is not awarded, the applicants will still be welcomed and reviewed equally .Submission of one of the below teasts will be required at the time of application:

  1. GRE

  2. MCAT

  3. CFA level 2

  • Applicants must meet the minimum English language requirements listed below: 

    English Language Proficiency Tests

    Minimum requirments 

    TOEFL iBT

    A minimum score of 100

    IELTS

    Minimum score of 7.0 

Q:   Is MBA course good at MCMasters University?

A: 

McMaster University MBA program has consistently been ranked among the top 200 in the world QS MBA rankings and Times Higher Education (THE). The rankings portray the quality education of the programme and the skills and knowledge that the graduates acquire. The program offers various and variety curriculum for it’s students as it prepares students for various types of career in business. Check the table listed below for McMaster University MBA rankings:

Ranked By

2021

2022

2023

QS - Accounting & Finance 

#251-300

#251-300

NA

QS - Global MBA

#151-200

#151-200

#151-200

THE (Times Higher Education) - PG Business & Economics 

#151-175

#201-250#301-400
 

Q:   What is the acceptance rate for McMaster University for Indian students?

A: 

McMaster University admission are highly competitive because of its acceptance rate. The McMaster University acceptance rate for international students is 59%, which means out of 100 applications received only 59 are admitted. Students must have a qualifying GPA to get into the university successfully. They also need to meet the admission requirements to get admission to the university.

Q:   What is McMaster University MBA fees for international students?

A: 

The McMaster University MBA fees for international students is INR 59 L for first year. Students can check the complete first year package to study MBA at McMaster University:

Fees components

Amount

Tuition & fees

INR 58,86,720

Hostel & Meals

INR 7,20,510

Insurance

INR 46,358

Total

INR 66,53,588

Q:   Which are the popular MBA colleges in Canada for international students?

A: 

There are many MBA colleges in Canada for international students that ranked among the top 100 in the world for MBA. We have mentioned below the list of popular MBA colleges in Canada that rank under top 100 MBA universities in the world:

MBA Universities in Canada

QS MBA Ranking 2023

Toronto (Rotman)

41

Western (Ivey)

69

Toronto1 (Desautels)

73

Queen's (Smith)

76

UBC (Sauder)

92

Q:   How much does MBA cost at McMaster University?

A: 

For international students, the McMaster University MBA fees is CAD 113,500 (INR 70 L) per academic year. Note that the duration of this MBA course is 20 months - 2 years. It is expensive to study this course, however, the return on investment is quite impressive as the graduates secure top-notch placements. Given below are the details of the salary:

ParticularsReturn on Investment (ROI)
Average SalaryCAD 81,900 (INR 50 L)
Average Signing BonusCAD 9,900 (INR 6 L)
the highest SalaryCAD 128,800 (INR 79.3 L)
the highest Signing BonusCAD 50,900 (INR 31.3 L)
the lowest SalaryCAD 44,500 (INR 27.4 L)
the lowest Signing BonusCAD 1,500 (INR 92.3 K)

Conversion Rate: 1 CAD = INR 61.60

Q:   What is the application fee for MBA at MCMaster University?

A: 

McMaster University MBA application fee stands at CAD 150. This fee is typically required when submitting an application for admission. It is important to remember that the application fee may be subject to change, so it is advisable to confirm the current fee amount before applying. The application fee helps cover administrative costs with processing and evaluating the applicants. Applicants are suggested to check the official website to avoid the last minute hassle.

Q:   How can I get into McMaster University for MBA?

A: 

Securing an admission in the McMaster University Canada for MBA is a competitive affair, but not impossible. International students must fulfill the McMaster University MBA admission requirements listed below order to boost their chances of pursuing the course:

  • Completion of an honors bachelor’s degree from a recognised university;
  • GPA of 8.0 (on a 12.0 scale) in the two most recent years of undergraduate study, or the equivalent of 60 academic credits;
  • At least 4 years of relevant full-time post-graduate work experience;
  • GMAT score;
  • Resume/CV;
  • 2 letters of references, including at least one from a current or former supervisor;
  • Proof of English language proficiency; and
  • Admissions interview.

Given below are some interesting details about the latest MBA class at McMaster University:

ParticularsDetails
Average Years of Work Experience

Total: 5 years

Full-Time MBA: 5 years

Full-Time MBA with Co-op: 2 years

Accelerated MBA: 1 years

Academic Background
Business: 38%
Science: 31%
Engineering: 17%
Arts & Humanities: 12%
Other: 2%
Countries Represented13
Gaduates Employed Within Ten Months94%
Students Who Secure Summer Internship91%
Female Students55%
Male Students45%

Q:   What is the average GMAT score for McMaster MBA?

A: 

International students who wish to MBA programme at McMaster must provide the additional test score of GMAT/GRE. The average GMAT score for McMaster MBA is 600 for international students. Each application is processed on its own merits with higher scores on some criteria compensating for lower scores in other areas.

Q:   What are requirements for McMaster University for MBA admission?

A: 

Check below the McMaster University admission requirements for international students to study MBA program:

  • A bachelor’s degree with “B” or 75% average, or higher, in the final two years of your degree
  • Additional test score of GMAT/GRE
  • English Language Proficiency test score of IELTS or TOEFL
  • Two Letters of Recommendation
  • KIRA online interview

Also read: Top Countries to Study MBA without Work Experience

Q:   Is McMaster University good for MBA?

A: 

McMaster University world ranking is 189 by QS World University ranking 2024. The McMaster University MBA ranking is under the top 100 MBA universities in the world. Students get quality education and better placement opportunities after completing the degree. The McMaster University placement is also good and the recoded placement rate for 2022 is 95%. Therefore, McMaster is the perfect choice to study MBA Abroad in Canada.

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McMaster University

Student Forum

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Answered 5 days ago

Living expenses at McMaster University for one academic year in Canada amount to $12,260 CAD, which account for accommodations, food, transport, and all personal costs. There is a difference in paying fees based on the type of residence and the range is around $6,250 to 10,400 CAD per year. Typicall

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Addula Yaswanth

Contributor-Level 10

Answered a month ago

Bishop's University and McMaster University are both well-known and reputed universities located in Canada. There are multiple parameters that need to be taken into consideration to determine which university is better than BU and McMaster University such as the programs offered, tuition fee, schola

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Nikita Peter

Contributor-Level 10

Answered 2 months ago

Based on the ratio of admissions to applications, the McMaster University acceptance rate stands at 59%. Since, the stats are on the higher end, we can conclude that the university is moderately competitive to get into, as it admits more than half of the applicants. Once an applicant fulfills the Mc

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56255227
Anushree Sinha

Contributor-Level 10

Answered 2 months ago

Yes, meeting the English language requirements is one of the major McMaster University eligibility criteria for international students. Students can refer to the table below for the minimum score requirements:

English Proficiency Exam

Minimum Score Requirements

IELTS Academic

Overall score of 6.5 or higher

(with minimum of 6.0 in each band)

TOEFL iBT

Overall score of 86 or higher

(with no less than 20 in each component)

PTE Academic

Overall score of 60 or higher

(with at least 60 in Writing and Speaking)

56255227
Anushree Sinha

Contributor-Level 10

Answered 2 months ago

McMaster University allows overseas candidates to apply through one of the four intake seasons: Spring/Summer, and Fall/Winter. Listed below are the McMaster University Canada application deadlines for international students:

ParticularsDeadline
OUAC Application DeadlineJan 15, 2025
Final DeadlineApr 1, 2025
Spring/Summer (May Start)Apr 1, 2025
Spring/Summer (Jun Start)May 15, 2025

56255227
Anushree Sinha

Contributor-Level 10

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Chandra Shekhar

Study Abroad Expert

With over 6 years of overall work experience in Content Writing, Chandra Shekhar has worked on various content writing profiles like Technical and Education-based. He has been involved in writing for higher education and abroad studies for more than ...Read Full Bio

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