Cost of studying MBA in Canada for Indian Students 2025
The average cost of studying MBA in Canada is around INR 30 to 60 lakhs. However, this cost includes multiple factors such as the location of the university, its ranking, the quality of education, infrastructure, etc. However, there are many affordable MBA universities in Canada available for international students that offer lower tuition fees for students. Meanwhile, many government and private organisations offer scholarships and funds for international students to sustain themselves while managing the cost of studying MBA in Canada. The cost of living in Canada is around CAD 10,000 - 20,000 per month. However, the average cost of living in Canada is comparatively lower than in most other countries, like the USA and the UK. Read the complete article to learn more about the cost of studying MBA in Canada and other details.
Cost of Studying MBA in Canada
The average cost of living in Canada for international students ranges from CAD 10,000 - 20,000 per month. This amount includes all necessary expenses such as rent, food, transportation, clothing, and so on. The average cost of living in Canada 2025 is around 206.8% higher than the cost of living in an Indian city. The overall average cost of living in Canada 2025 is around 206.8% higher than the cost of living in an Indian city. A list of the overall living expenses in Canada for international students is given below.
Cost of Studying in Canada
Expense Item | Cost of living in Canada per month |
Tuition Fees | CAD 40,000 to CAD 1,00,000 per year |
Accommodation | CAD 1,917 |
Food expenses | CAD 150-250 |
Transportation | CAD 100-150 |
Utility costs | CAD 220 |
Healthcare | CAD 250 |
Miscellaneous | CAD 200 |
How to Manage the Cost of Studying MBA in Canada?
The cost of studying MBA in Canada can be financially exhausting for international students. Therefore, Indian students who are planning to apply to the top MBA universities in Canada must plan their budget accordingly. Here are some practical strategies to help manage the cost of doing an MBA in Canada for international students:
Research and Choose Affordable Universities and Programmes: A few cheapest MBA universities in Canada offer affordable study opportunities for international students. Compare the tuition fees and other course requirements beforehand applying to any institution.
Explore Scholarships and Grants: Many universities as well as external organisations offer scholarships and funding opportunities for international students to manage their course requirements in the country. Look for fully-funded scholarships and grants to manage your cost of studying MBA in Canada.
Student Loans and Financial Aid: The Indian government offers various student loans and financial assistance for potential students who wish to study MBA in Canada. These loans cover all the study expenses and cost of living in Canada.
Part-Time Work Opportunity: Try to explore various part-time work options and internship opportunities available at the university and off the campus. As per the latest guidelines, Indian students can work up to 20 hours a week during their academic sessions and can work full-time during the holidays.
Living Arrangements: The quality of lifestyle and choices of the students can impact the overall cost of studying MBA in Canada for international students. Try to plan your living expenses as per your budget and spend accordingly.
MBA Tuition Fees in Canada for International Students
The list of the top business schools in Canada is mentioned in the table below according to the QS Global MBA Rankings 2025. Indian students who wish to build a career in MBA can apply for the top MBA colleges in Canada.
Top MBA Universities in Canada Fees 2025
University | MBA Tuition Fees For Indian Students |
University of Toronto - Rotman | CAD 120,680 |
McGill University - Desautels | CAD 89,000 |
Western University -Ivey | CAD 123,500 |
CAD 90,057 | |
CAD 99,500 | |
York University - Schulich | CAD 99,400 |
CAD 61,500 | |
CAD 61,200 | |
CAD 40,000 - CAD 50,000 | |
CAD 72,000 |
Cheapest MBA Universities in Canada for International Students
Pursuing an MBA in Canada is rewarding for international students. However, the cost of doing MBA in Canada is very expensive for Indian students. For those looking to balance cost with quality, universities like the University of Ottawa, University of Guelph, University of Alberta, and others offer affordable education for international students to manage the cost of studying MBA in Canada.
Cheapest MBA Universities in Canada 2025
Universities | MBA Tuition Fees For Indian Students |
University of Ottawa | CAD 33,000 |
University of Guelph | CAD 35,437.68 |
CAD 16,245 - CAD 19,543.50 | |
University of Alberta | CAD 30,000 |
CAD 34,012 | |
CAD 30,480 - CAD 45,419 | |
University of Northern British Columbia | CAD 16,668.69 |
CAD 18,100 | |
CAD 31,796–CAD 49,665 |
MBA Degree Cost in Canada 2025: Scholarships and Grants
With an increasing number of MBA students in Canada worldwide, the government, non-government organisations, and various universities in Canada encourage students by providing scholarships every year. The scholarships are awarded mostly based on merit, determined by the GMAT score. Please check the detailed information on MBA scholarships before applying for MBA scholarships in Canada. A few popular scholarships in Canada for international students are:
Ontario Graduate Scholarship (OGS) Program
Rotman School of Management Scholarships
Sauder School of Business Entrance Scholarship
Entrance Scholarships, Continuing Student Awards
Ivey Scholarships, Ivey Global Leader Awards
MBA Entrance Scholarships, Business Leadership Awards
Students can apply for various study loans in Canada to manage their course requirements in the country. International students are advised to demonstrate a strong academic record, high GMAT/GRE scores, and a compelling personal statement to increase their chances of getting a scholarship to manage the cost of studying MBA in Canada.
MBA Work Opportunities in Canada 2025
While the fee for an MBA in Canada isn’t usually as high as the fee for the top programmes in the USA, arranging for such finances can still be a challenge for many, especially those coming from economically weaker sections. To overcome these difficulties to an extent, there are several options for working while studying in Canada.
Citizenship and Immigration Canada (CIC) allows international students to work on-campus or off-campus or even opt to work as co-op students or interns during their stay in the country. Students who are qualified for off-campus work can work up to 20 hours a week during their academic sessions and can work full-time during the holidays.
To be eligible for on-campus work, the candidate needs to be a full-time student and have a valid work permit. This enables students to work at various bookstores, university libraries, and coffee shops. Students looking for financial help are urged to check out scholarship options, as many organisations are willing to extend a helping hand to meritorious students.
Job Opportunities after MBA in Canada
MBA in Canada offers plenty of job opportunities in various sectors for international students. With the help of the post-study visa in Canada, Indian students can be eligible to work for 3 years after their degree in Canada. A few of them are listed below for your reference.
Faculty in Universities
Strategy or Business Manager
Financial Consultant
Human Resource
Marketing Analyst
Operations and Supply Chain Management
Average Salary of MBA Graduates from Canadian Universities
University | Average MBA Employment Salaries |
CAD 123,438 | |
CAD 1119,000 | |
CAD 98,165 |
Frequently Asked Questions (FAQs)
Q: Is an MBA in Canada worth it?
A:
Yes, MBA in Canada is worth it for international students. Canada MBA universities are among the top QS universities for 2025. Again, MBA holders from Canada universities are among the highest paid job holders in the world.
Q: Is MBA affordable in Canada?
A:
Yes, MBA in Canada is affordable for international students. Canada offers a cheaper MBA for Indian students compared to other top countries like the USA and UK. Also, study MBA cost in MBA can be reduced through a variety of scholarships and grants.
Q: How much will it cost to study an MBA in Canada?
A:
The average cost of studying MBA in Canada is around CAD 40,000 to CAD 1,00,000 per year. The overall cost of an MBA in Canada for Indian students ranges between Rs. 20 and Rs. 60 lakh each year. Additionally, the cost of living in Canada ranges from CAD 10,000 - 20,000 per month for international students.
Q: How much does it cost to study MBA in Canada for PR holders?
A:
The cost to study MBA in Canada for PR holders is around CAD 30,000 to CAD 126,600 per year. Therefore, Canada can be recognised as an affordable country for PR holders.
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your career plan is valid as it provide knowledge which is relevant to become ips officer but you need to prepare for other subjects too because UPSC's ips broad syllabus includes Indian governance and current affairs too.
I advice to choose b.a in psychology in india as this avoids the need for an equivalency certificate after your graduation from canadian universities from the Association of Indian Universities (AIU) that is mandatory for foreign degrees.
But still if you want to prefer canadian degree then you can consider Simon Fraser University and the University of Windsor which offer a combined degree B.A. in Psychology and Criminology.
Hope it helps...
An undergraduate degree abroad is a good investment if you pursue it in canada because it provides quality education at affordable costs, along with a clearer path to post-graduation work and permanent residency,making it a reliable option to settle abroad.
Coming to U.S. it offers top-tier universities and higher salaries, but have very high costs and a difficult visa process for international graduates.
And if you are not sure go for studying in your home country which is more affordable and offering opportunities in a growing tech sector.
Ultimately, a strong focus on finances and long-term career plans, including any desire to immigrate, will guide your decision.
Good luck!!
After completing a BSc in Biochemistry, you can pursue various courses in Canada such as MSc in Biochemistry, Biotechnology, Molecular Biology, Pharmacology, or Clinical Research. These programs offer advanced knowledge and open opportunities in research, healthcare, and industry.
Hello,
Yes, you can pursue MD in Radiology in Canada after completing a B.Sc. in Radiology, but you need to complete a recognized medical degree (like MBBS) first. After that, you must pass the Medical Council of Canada Qualifying Examination (MCCQE) and complete a residency in radiology. Alternatively, you can explore postgraduate diploma or master’s programs in medical imaging or radiology if you wish to specialize without an MD.
Hope this helps you,
Thank you
https://www.careers360.com/courses/md-radiology
hi ,
yes , you can pursue undergraduate degree in AI ML in Canada with 65% in 12th grade , bit your options may be limited since many top universities require a minimum of 75-70% , however with some colleges or universities with flexible admission requirements may accept you .
eligibility criteria for AI /ML in Canada
academic requirement - Most top universities require 70-80% in 12th PCM for direct admission.Some colleges/universities accept students with 60-70% in 12th PCM.
English proficiency test -
(if your schooling was in English, some institutions may waive this)
- IELTS: 6.0 – 6.5 overall (no band below 6.0)
- TOEFL: 80 – 90 (iBT)
- PTE: 50+
mathematics requirement
Since AI & ML are math-heavy, having good grades in Math (especially Calculus) will strengthen your application.
hope this helps
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