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Masters in Management in Canada 2024: Fees, Ranking, Best Universities
Edited By Porishmita Paul | Updated on Jul 23, 2024 06:15 PM IST
MIM in Canada is a popular choice for international students who are willing to develop a career in management and business fields. Each year, many international students choose to study Masters in Management in Canada due to its decent job opportunities and exposure to global markets. The average course duration for an MIM in Canada for international students is between 9 months to 2 years. Prospective students can apply for different full-time, executive, and joint programmes depending on their goals and future perspectives.
Latest: Canada Country Guide
This Story also Contains
- Masters in Management in Canada 2024: Highlights
- MIM Requirements for Canada
- Why Study Master in Management in Canada?
- Top Universities for Master in Management in Canada
- MIM in Canada Without GMAT
- Masters in Management in Canada Fees
- Cheapest MIM in Canada Universities for Indian Students
- MIM Scholarships in Canada
- Jobs After MIM in Canada
Some popular MIM specialisations in Canada include business, including supply chain, finance, accounting, leadership, and more. Most MIM universities in Canada offer MIM courses with no prior work experience and general business and management knowledge. Overseas students willing to study in Canada for top MIM courses must complete a 4-years bachelor’s degree with at least 60% marks. While GRE and GMAT are mandatory requirements for most Canada MIM universities, however, many top universities in Canada consider academic profiles and standardised essays to enrol potential students.
The average MIM in Canada fees for international students is around Rs. 5 to 30 lakhs per annum for top-ranked universities. Potential international students can apply for various scholarships and grants to cover the course requirements and the cost of living in Canada. Read the entire article to learn more about the course, including its duration, eligibility, and other details to study Master in Management in Canada.
Masters in Management in Canada 2024: Highlights
Particulars | Details |
Programme Name | Masters in Management in Canada |
Programme Type | Full-time, Executive Programmes, Joint Programmes, Erasmus Mundus Joint Masters |
MIM in Canada Duration | 9 months to 2 years |
Masters in Management Canada Eligibility Criteria | Bachelor's degree |
MIM in Canada English Proficiency Requirements | IELTS or TOEFL |
MIM in Canada Cost | Rs. 5 to 30 lakhs per annum |
Best MIM Colleges in Canada |
|
Average Salary | CAD 70,000 per annum |
Standardised Test | GMAT/GRE |
Top MIM in Canada Specialisation |
|
MIM Requirements for Canada
International candidates must fulfill the following requirements to study Masters in Management Canada:
A 4 years undergraduate degree with at least 60% in any relevant field.
Before applying to top MIM universities in Canada, students must take the ELP test like IELTS or TOEFL.
Students must get the minimum GRE or GMAT cutoff score for their selected universities to fulfill the eligibility requirements.
A minimum of prior work experience is also required by many universities to select prospective students.
Documents Required to Study Masters in Management in Canada
Here’s a list of documents required for MIM in Canada for Indian students:
A complete application form
Passport copy
GMAT/GRE scores
Also Read: Masters in Canada
Why Study Master in Management in Canada?
Some significant benefits of studying MIM in Canada are as follows:
Students can get access to top MIM universities in the world with quality education and facilities.
Candidates can enjoy a vibrant and culturally diverse learning experience.
Over 767 scholarships are awarded to potential international students by the Canadian government and external resources.
Top Universities for Master in Management in Canada
Canada is a top destination for popular MIM universities in the world for international students. MIM universities in Canada offer full-time, executive, joint programmes, and Erasmus Mundus Joint Masters for overseas students. Here’s a list of top MIM universities in Canada for Indian students.
MIM in Canada Universities for International Students
University | Programme Fees (INR) |
4,659,000 | |
2,915,900 | |
788,000 | |
5,497,000 | |
2,505,900 | |
531,000 | |
412,000 |
MIM in Canada Without GMAT
Can I get into MiM without GMAT? Yes, it is possible to study MIM in Canada without GMAT. However, if you are an international student and wish to study Master’s in Management in Canada without a GMAT scorecard, you need to score at least 70% above GPA from a recognised university. Many top MIM universities also ask for an admission essay which can improve your chances of admission.
Top Universities for Masters in Management in Canada without GMAT:
Schulich School of Business
Thompson Rivers University
University Canada West
Ivey Business School
Smith School of Business
People also like to read:
Masters in Management in Canada Fees
Study MIM in Canada is an affordable option for international students who wish to pursue a career in business studies. How much does a Masters in Management cost in Canada? The average cost of MIM in Canada is between Rs. 5 to 30 lakhs per annum for Indian students. The fee range may vary depending on the city of residence and university ranking. Candidates living in Canada's larger cities, including Toronto, Vancouver, or Montreal require more funding in comparison to smaller cities. On average, the average cost of living in Canada for Indian students is around CAD 10,000 - 20,000 which is approximately 206.8% higher than the cost of living in an Indian city.
Cost of Living in Canada for International Students
Top cities in Canada | Cost of living in Canada per month |
Montreal | CAD 15,000 |
Vancouver | CAD 17,000 |
Toronto | CAD 22,000 |
Ottawa | CAD 15,000 |
Quebec | CAD 17,000 |
Cheapest MIM in Canada Universities for Indian Students
MIM in Canada has developed as an affordable alternative to the Master of Business Administration (MBA) for international students. Canada is popular for offering affordable MIM universities for potential students. Here’s a list of the top affordable MIM Universities in Canada with low fees for international students:
Also Read: Cheapest Universities in Canada
MIM Scholarships in Canada
Canada offers various MIM scholarships and financial aid to support the Master in Management journey of international students in the country. A few popular scholarships to study in Canada are as follows:
DFL Scholarship Program
Amberscholar Scholarship
Rotary Foundation Global Scholarship Grants for Development
Canada-ASEAN Scholarships and Educational Exchanges for Development
Study in Canada Scholarships
Future Innovator Scholarship
Ellen Nilsen Memorial Graduate Scholarship
People also like to read:
Jobs After MIM in Canada
Masters in Management in Canada offers extensive career choices in many fields and industries. Some popular job industries include marketing, accounting and finance, human resources, healthcare, supply chain management, consultancy, public administration, and others. Students can learn managerial practices and software tools, as well as marketing strategies in national or international contexts.
Some popular job titles to study MIM in Canada are as follows:
Marketing Managers
Account Managers
Financial Analysts
Budget Strategists
Business Consultants
Investment Brokers
Frequently Asked Questions (FAQs)
1. Is Canada good for Masters in Management?
Yes, Canada is among the top study destinations for MIM courses for international students. MIM in Canada universities offers high-quality education with a practical learning approach. Also, the rate of employment for MIM in Canada is very high for international students. Students can get high job roles with potential salaries.
2. What is the salary after MIM in Canada?
The average salary after MIM in Canada is around CAD 70,000 per annum. The average salary is significantly higher for candidates with relevant experience and skills. Students can get higher salaries in global markets for top MIM specialisations.
3. How much does it cost to do a Master's in Management in Canada?
The cost to do a Master's in Management in Canada is approximately Rs. 5 to 30 lakhs per annum in Indian rupees. The cost includes the tuition for the universities and other course requirements. This fee range is comparatively higher for private universities. Students can check the official website of their selected university to look for estimated MIM costs for popular courses.
Articles
Feb 19, 2025
Questions related to
Get answers from students and experts
Hi Madhvi,
With 42% in 12th, admission to universities in Canada can be challenging, as most require at least 50-60%. However, you still have options:
-
Diploma Programs
– Some colleges like Seneca, Humber, or Centennial offer diploma courses with flexible entry requirements.
-
Foundation Programs
– You can take a pathway course in Canada to improve your academic profile before entering a degree program.
-
Private Colleges
– Some private institutions accept lower percentages, but research them well before applying.
- Improve Academics – Consider reappearing for 12th exams or taking additional certification courses to boost your profile.
Also, ensure you meet the IELTS/TOEFL score requirements for student visas.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
kumardurgesh1802 16 February,2025
After completing a BBA in Finance, top programs in Canada include MBA (Finance), Master of Finance, Master in Financial Analytics, CFA certification, or PG diplomas in Financial Planning, Investment Banking, and Risk Management. Choose based on career goals, budget, and university reputation.
Ankit 30 January,2025
Hello there,
NEET (National Eligibility cum Entrance Test) is primarily an entrance exam for medical courses in India. If you're considering studying medicine in Canada, here are some key points to consider:
NEET and Medical Studies in Canada:
-
Not Required for Admission : NEET is not required for admission to medical schools in Canada. Canadian medical schools have their own admission criteria, which typically include undergraduate degree requirements and standardized tests like the MCAT (Medical College Admission Test).
-
Eligibility for International Students : To apply to medical schools in Canada, you usually need to complete a bachelor's degree (often with a focus on science) and achieve a good score on the MCAT.
-
Application Process : Each Canadian medical school has specific admission requirements. It's important to research individual schools to understand their criteria, including GPA requirements, volunteer experience, letters of recommendation, and personal statements.
-
Recognition of Indian Medical Degrees : If you complete your medical studies in Canada, your degree will be recognized, but if you study medicine in India, you’ll need to go through the Medical Council of Canada (MCC) exams to practice in Canada.
Recommendations:
-
Research Canadian Medical Schools
: Look into the specific requirements for the medical schools you are interested in.
-
Prepare for MCAT
: If you're aiming for medical school in Canada, focus on preparing for the MCAT and meeting the prerequisite courses for admission.
Conclusion:
NEET is not necessary for studying medicine in Canada. Instead, focus on completing an undergraduate degree, taking the MCAT, and meeting the admission requirements of Canadian medical schools.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
kumardurgesh1802 12 October,2024
Hello Aspirant
Foreign Universities require a candidate to have a 4-year Bachelor's degree from a recognized University/college with enough credits. The problem that many Indian students face is that they have a degree in bachelor's but in a 3-year course. This stops them from pursuing further studies at a foreign university. Still, some universities offer bridge courses for such students. For this, they need to reach their universities 2-3 months prior and do the Bridge course. But all of this depends on the university. This is why NEP introduced the new 4-year bachelor's course.
The best course of action is to go to the Canadian Universities' websites that you wish to join and contact their admissions office via mail and talk to them about your situation, they'll help you out with it. Also, when you sit for their interviews and have a valid answer for your gap year after your Bachelor's, it would be great if you have work experience for that duration.
Hope this helps.
Ishita 20 July,2024
The eligibility criteria for MHCET (Maharashtra Common Entrance Test) can be based on domicile rather than place of birth.
MHCET often considers domicile, not necessarily the place of birth, for exam eligibility. Since your son has completed his entire school education in Maharashtra, this might strengthen his case for domicile in the state.
Overall, while being born in Canada might not be a direct disqualifier, having completed his schooling in Maharashtra strengthens his case for domicile in the state. By gathering documents to prove his residence and referring to the official MHCET website or helpline, your son can get a clearer picture of his eligibility for the exam.
https://www.careers360.com/exams/mht-cet
I hope it helps!
Nitin Kumar 08 June,2024
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