Top MBA Colleges in Canada 2025: Ranking, Fees and More
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The high-quality education and affordability of top MBA colleges in Canada attract students from across the world. These colleges offer MBA courses in various specializations such as General Management, International Business, Entrepreneurship and more. Recently, the QS ranking 2025 of the top 10 MBA colleges in Canada is announced.
Top MBA Colleges in Canada: MBA is one of the most demanding programs among international students in the past few decades. Canada has become the most sought-after destination for studying MBA. Pursuing an MBA in Canada is still a dream for many international students. Canadian universities provide full-time and part-time MBA programs in different specializations with many scholarship opportunities. In this article, we will inform you about the top MBA colleges in Canada along with their fees and eligibility criteria.
Canada is a perfect destination to get an MBA degree from well-recognized universities. Students can learn all the latest tactics to solve all the problems organization. International students are looking to get admission to top management universities to complete their MBA degrees. We have listed below the top 10 MBA colleges in Canada 2025 (rankings are based on QS Global MBA Rankings Canada 2025).
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Top Ranking MBA Colleges in Canada 2025
Based on QS Global MBA Rankings 2025, the following Canadian universities have been ranked for offering top MBA programs in Canada to international students:
| Canada Universities Offering MBA |
QS Global MBA Rankings 2025 |
|---|---|
| Rotman School of Management |
#39 |
| Desautels Faculty of Management |
#66 |
| Ivey Business School |
#76 |
| Smith School of Business |
#91 |
| Sauder School of Business |
#101-110 |
| Schulich School of Business |
#101-110 |
| Alberta School of Business |
#131-140 |
| John Molson School of Business |
#141-150 |
| HEC Montréal |
#151-200 |
| DeGroote School of Business |
#151-200 |
Check out the following section for elaborate details on top MBA colleges in Canada and corresponding information.
10 Best MBA Colleges in Canada 2025
Do you know which is the best MBA college in Canada? Well, the "best" college for you depends on your requirements such as course, budget and other information. Below, we have mentioned the list of top management colleges in Canada. These educational institutes offer admission to those students who fulfil the required eligibility and have decent GMAT scores.
MBA is one of the most demanding courses in Canada and students from various parts of the world apply to get enrolled in this. Let us now go through the details of the top MBA colleges in Canada for Indian students:
1) Toronto (Rotman School of Management)
The Rotman School of Management is a business school at Toronto University. It is on a mission to become one of the world’s top ten business schools. This university provides an executive MBA and a Full-Time MBA program to students. Rotman School of Management is the best MBA college in Canada in terms of ranking.
- Course Duration: 20 months
- 1st-Year Tuition Fees: CAD 67,532
- MBA Ranking: 39 (by QS)
2) McGill (Desautels Faculty of Management)
The MBA program at McGill University’s Desautels Faculty of Management is known as one of the world’s most recognized, international, and dynamic degree programs. DFM curriculum is built on an integrated, interdisciplinary model that combines research, practice, and teaching. The school’s graduates and faculty have included 6 Nobel Prize winners and 127 Rhodes Scholars. No doubt, Desautels Faculty of management is one of the best business schools in Canada.
- Course Duration: 12 months
- 1st-Year Tuition Fees: CAD 99,500
- MBA Ranking:66 (by QS)
3) Western (Ivey Business School)
Recognized for its excellence worldwide, Ivey Business School is defined by its outstanding education in management programs. It has a great alumni network of over 23,000 students from over 98 countries. You need to complete the Graduate Management Admission Test (GMAT) for admission. It is one of the top MBA colleges in Canada for international students.
- Course Duration: 12 months
- 1st-Year Tuition Fees: CAD 126,600
- MBA Ranking: 76 (by QS)
4) Queen's (Smith School of Business)
Smith is the business school of Queen’s University. It holds 5th rank in the list of best MBA colleges in Canada for international students. The annual intake of the university is in January and September for the full-time MBA program.
- Course Duration: 12 months
- Total Program Fees: CAD 105,100
- MBA Ranking: 91 (by QS)
5) UBC (Sauder School of Business)
The Sauder School of Business is a business school at the University of British Columbia. It is one of the world’s leading academic business schools. Sauder provides better education to students to make them future business leaders. It is in 35 positions in the world for business and economics by 2022 Times Higher Education World University Rankings by subject
- Course Duration: 16 months
- Total Program Fees: CAD 94,559
- MBA Ranking: #101-110 (by QS)
6) York (Schulich School of Business)
Schulich School of Business is located in the business hub of Canada in Toronto. This university develops innovative programs for future business leaders. Schulich offers a variety of management programs in finance and marketing for students. This university also provides scholarships up to the value of CA$ 85,000. It is one of the best MBA programs in Canada for international students with short duration.
- Course Duration: 12 months
- Total Program Fees: CAD 112,250
- MBA Ranking: #101-110 (by QS)
7) Alberta School of Business
Alberta School of Business is the business school of the popular Alberta University in Canada. ABS is known for its both undergraduate and postgraduate programs. It offers core MBA courses with an internship program to students.
- Course Duration: 20 months
- Total Program Fees: CAD 65,000
- MBA Ranking: #131-140 (by QS)
8) Concordia (John Molson)
Concordia’s John Molson School of Business is one of Canada’s top institutions to learn the MBA program. John Molson consistently ranked among the top 10 MBA schools in Canada by QS World University Ranking 2025 by subjects.
- Course Duration: 20 months
- Total Program Fees: CAD 47,900
- MBA Ranking: #141-150 (by QS)
9) HEC Montréal
HEC Montréal was Canada’s first business school when founded in 1907. Montréal is known for its research in finance, economics, and operations research. The strength of the HEC Montréal MBA program is in its practical education. Its amazing teaching methods prepare students to use their skills in organizational management.
- Course Duration: 12 months
- Total Program Fees: CAD 59,000
- MBA Ranking: #151-200 (by QS)
10) DeGroote School of Business
DeGroote School of Business comes under McMaster University. It is one of the leading universities in Canada for undergraduate and postgraduate programs. DeGroote School of Business attracts students by providing the best MBA program with proper practical knowledge. It offers full-time MBA and Online MBA programs to students.
- Course Duration: 20 months
- Total Program Fees: CAD 67,014
- MBA Ranking: #151-200 (by QS)
Also Check: MBA in Canada without GMAT
Why Study MBA in Canada?
In this section of the article, we will look at some reasons to study at the best colleges for MBA in Canada:
- It is a cost-effective country for international students to study MBA Abroad.
- MBA colleges in Canada offer student dormitories to international students at affordable fees.
- Chance to stay in Canada after the completion of the degree.
- Following the immigration procedure carefully may allow students to get permanent residence in Canada.
- Students get quality education at MBA Universities in Canada.
- You will get proper practical and theoretical expertise.
Eligibility Criteria to Study MBA in Canada
Admission criteria, for the best colleges for an MBA in Canada, vary as per the college and course requirements. We have covered below the basic criteria followed by the students to study MBA programs from universities in Canada.
- Complete the Bachelor’s degree from a recognized university with the minimum GPA required by the University.
- Must have relevant experience as per the requirements.
- Must have a valid score on the GMAT or GRE Exam.
- Also submit the score of the English Language Proficiency Tests such as IELTS, TOEFL, PTE, etc.
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 program. There are multiple options available for such aspirants. Check out the following part-time business programs offered by some of the top Canadian universities:
| Programme Name |
Tuition fee |
Course duration |
|---|---|---|
| CAD 83,197 |
6 years maximum |
|
| CAD 136,410 |
32 months |
|
| CAD 81,920 |
12 months (1 year) |
Source: Shiksha Study Abroad
Cheapest MBA Colleges in Canada
Canada offers several MBA options to those who do not wish to spend an exorbitant amount to pursue an MBA. Here are some of the cheapest MBA colleges in Canada:
- Memorial University of Newfoundland: The total fee for the programme is $36,947.
- University of Saskatchewan: Fee for the 2024-25 year is $68,190.
- University of Ottawa: University of Ottawa Professional MBA costs $68,000 for international students.
- Concordia University: Concordia University MBA fees for international students is $47,900.
- Simon Fraser University: MBA fees for international students is CAD 63,320.
- University of Calgary: MBA fees for international students is $25,293
- Vancouver Island University: MBA fees for international students is CAD 51,408.
To receive expert guidance on the best MBA colleges in Canada, register with Shiksha and avail yourself of free-of-cost counselling services starting from profile evaluation until visa filing. Learn how the Shiksha counsellors rate students' chances of getting into a college abroad.
All the best!
MBA Colleges in Canada FAQs
Q. Is Canada good for pursuing an MBA?
A. International students looking for a top-notch MBA frequently choose Canada as their destination. Studying MBA in Canada may be a fantastic option for many reasons. For one thing, academic quality is highly regarded in Canadian institutions, which provide a choice of programmes and courses to suit different interests and professional objectives. Additionally, studying MBA in Canada gives students the ability to interact with individuals from all over the world and experience a different culture and way of life. Canada is a wonderful location to further your academic and personal objectives because of its open and inclusive society, first-rate healthcare, and high level of life.
Q. Which are the top 10 MBA colleges in Canada?
A. Here is the list of 10 best colleges in Canada for MBA studies for International students:
| Canada Universities Offering MBA |
QS Global MBA Rankings 2025 |
|---|---|
| Rotman School of Management |
#39 |
| Desautels Faculty of Management |
#66 |
| Ivey Business School |
#76 |
| Smith School of Business |
#91 |
| Sauder School of Business |
#101-110 |
| Schulich School of Business |
#101-110 |
| Alberta School of Business |
#131-140 |
| John Molson School of Business |
#141-150 |
| HEC Montréal |
#151-200 |
| DeGroote School of Business |
#151-200 |
Q. What are the admission requirements for top 10 MBA colleges in Canada?
A. Depending on the university and programme you are applying to, there may be different entrance criteria for MBA programmes in Canada.
- Candidates hold an undergraduate degree with a minimum GPA of 3.0 or above.
- Candidates must also provide official transcripts, a CV, letters of recommendation, and a statement of purpose.
- Good score in exams like the GMAT or GRE.
- International students could also be required to provide TOEFL or IELTS results as confirmation of their English language competency.
Q. What are the career options after MBA in Canada?
A. For graduates, earning an MBA in Canada may lead to a variety of professional prospects. The economy of the nation is booming. Average salary of MBA graduates in Canada is CAD 88,000 (53.44 Lakhs). You can get job profiles like Financial Manager, Financial Analyst, Marketing Analyst, Recruitment Specialist, Sales Manager, Investment Analyst, Business Analyst, Business Development Manager, and Project Manager.
Q. How do I reduce the cost of pursuing an MBA in Canada?
A. Students may choose to apply for scholarships and/or work part-time in Canada to reduce their overall cost of pursuing an MBA degree.
- The Ontario Graduate Scholarship
- The Robert Krembil Scholarship of Merit
- The Goldberg Leadership Award of Excellence
These are a few of the well-known MBA scholarships in Canada for overseas students. These scholarships are designed to help students who are struggling financially accomplish their academic and career objectives by offering financial support.
Q. What is the cost of pursuing an MBA from Canada?
A. The cost of pursuing an MBA from Canada for top colleges can range from CAD 45,000 to CAD 126,000 for 1 year. Depending on the institution and programme you choose, as well as your residency status, the cost of an MBA in Canada can change.
Q: What is the CGPA requirement for Prince Edward Island?
International students must meet the general undergraduate admission requirements to study at Prince Edward Island. Applicants must have a minimum cumulative grade point average (CGPA) of 1.7 in the major subject requirements for Prince Edward Island University admission.
Read about the Canada Grading System
Q: What IELTS score is required at Prince Edward Island University?
International students must meet the Prince Edward Island University IELTS requirements to get admission to UG and PG programs. Applicants whose first language is not English must submit the IELTS score to meet the English language requirements. Mentioned below are the minimum IELTS score required for undergraduate and graduate admissions:
English Language Exam | Arts, Science, Business, Engineering and Bachelor of Education | Nursing, Radiography, Doctor of Veterinary Medicine & Education |
|---|---|---|
IELTS (Academic) | Overall score of 6.5 with no band below 6 | Overall score of 7 with 7 in writing and speaking; 6.5 in reading and listening |
English Language Exam | Regular Offer (All Programs Except Those Noted In Next Column) | Regular Offer (Nursing, Education, Doctor Of Philosophy, Doctor Of Applied Health) |
|---|---|---|
IELTS (Academic) | 7 in writing and no band lower than 6.5 | 7 in writing and speaking; 6.5 in reading and listening |
Q: Is Manitoba Institute of Trade and Technology good for international students?
Manitoba Institute of Trade and Technology is one of the best institutes in Winnipeg for international students. They offer various bachelor, master, diploma, and certificate programs in fields like Business Administration, Culinary Arts & Design, Hospitality Management, Automotive Services, Applied Leadership, Industrial Welding, Rehabilitation, Software Development, Medicine, Graphic & Print, Hairstyling, and Electrical Applications.
According to the Manitoba Institute of Trade and Technology review the MITT faculty is dedicated, encouraging, and helpful to international students to get settled in their first year. They offer a wide range of activities, and the majority of the teachers are quite skilled. Smaller class sizes allow students to connect with the teachers more often and improve their grasp of subjects requiring much explanation.
Q: What is the processing time for the application process at Northern College, Canada?
Northern College can take up to 6 weeks to provide an offer letter to international students. Since thousands of applications are enrolled at the college for programs under different specializations, the college reviews each application and segregates them. The whole process is quite time-consuming. The segregation of applications is done based on the student’s academic performance, English language scores, extracurricular activities, and relevant experiences.
Q: What type of programs are offered by ICM Canada?
ICM Canada offers UTP Stage I and Stage II programs. The UTP Stage II program is equivalent to the first-year university program at the University of Manitoba. When students complete the ICM Stage II program, they will be eligible to get transferred to the second year of the degree at the University of Manitoba. UTP Stage I a foundation or pre-university studies programme that acts as a bridge between secondary school and university studies.
Study areas of the UTP Stage II programs are:
- Agriculture and Food Sciences
- Engineering
- Business
- Environment, Earth, and Resources
- Science
- Recreation Management and Community Development
Q: How many intakes are there in Saskatchewan of Polytechnic?
Applicants aspiring to get admissions into the Saskatchewan Polytechnic are required to submit their applications before the set deadline of that particular year. Following are the general admission deadlines, however, applicants should check the official website for program-specific application dates.
Entry Term | Deadlines |
|---|---|
January Intake | Oct 1, 2024 |
September Intake | May 1, 2024 |
Note: For international applicants with student visas, the application period closes on December 31.
Q: Which one is better - North Alberta Institute of Technology or Saskatchewan Polytechnic?
Saskatchewan Polytechnic and North Alberta Institute are renowned institutions offering unique campus cultures and various academic programs. While they share a great reputation, there are subtle differences between the two universities. The below table compares the rankings, fees and acceptance rate of Saskatchewan Polytechnic and North Alberta Institute . Overall this information could be useful for students who are considering them.
Here is the comparison highlighting the differences between the Universities:
Name of The University | Ranking | Acceptance Rate | 1st Year Tuition Fee |
|---|---|---|---|
Saskatchewan Polytechnic | #1386 | 96% | UG: INR 9 L - 13 L PG: INR 12 L - 15 L |
North Alberta Institute | NA | 86% | UG: INR 10 L - 12 L PG: NA |
Q: What is the acceptance rate for Fairleigh Dickinson University Canada for international students?
For FDU Vancouver, the acceptance rate has not been mentioned but, this is one of the campuses of FDU New Jersey University, so, the acceptance rate can be considered as 87%. The acceptance rate signifies that the university is less selective during admission, but, there are a few of the master’s programs of the university that are highly competitive to get into such as MSc in Applied Computer Science.
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Hello. A Master's degree definitely has more value as compared to a Diploma. You must note that top MBA programmes usually require some work experience. However, the GMAT is not compulsory in many cases (though it will be usually required by the top universities). Since you do not have work experie
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Hello. Please refer to the above article once again. You can visit this link as well: https://studyabroad.shiksha.com/canada/mba-colleges-dc
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Please refer to the following links: https://studyabroad.shiksha.com/canada and https://studyabroad.shiksha.com/canada/mba-colleges-dc
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