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MBA in Canada for Indian Students 2024: Fees, Universities, Requirements
Edited By Stuti Jain | Updated on Sep 04, 2024 04:58 PM IST
MBA in Canada 2024 is recognised globally due to its wide range of specialisations, quality of education, industry connections, return on investment, and job opportunities. Moreover, several MBA colleges in Canada for Indian students are ranked among the top 100 MBA colleges in the world by QS and THE.
Latest: Canada Country Guide
This Story also Contains
- MBA in Canada 2024: Highlights
- Benefits of Studying MBA in Canada
- Top MBA Universities in Canada
- MBA Admission Requirements in Canada
- Documents Required for MBA Admission in Canada
- Cost of MBA in Canada 2024
- Affordable MBA Colleges in Canada
- Scholarships for MBA in Canada 2024
- Work After Study in Canada
- Job Prospects After MBA in Canada
Indian students can study at some of the MBA universities in Canada, including University of Toronto - Rotman, Western University -Ivey, and University of British Columbia. These business schools are known for their excellent teaching, cutting-edge research, and strong connections with industry leaders. Study MBA in Canada offers a wide range of career opportunities for international students.
The average MBA salary in Canada is around Rs. 37,00,000 per year. The average MBA in Canada cost is around Rs. 20 to Rs. 60 lakhs for Indian students. Additionally, students require approximately Rs. 6 to 12 lakhs per month to manage their cost of living in Canada. In addition to this, many government and non-government organisations offer various scholarships and grants for Indian and international students to manage their finances in Canada.
The qualification of GMAT or GRE is a mandatory requirement to study MBA in Canada for Indian students. International students with a non-native English background must provide a valid score in TOEFL or IELTS to demonstrate English language proficiency. Read the complete article to learn more about MBA in Canada, the benefits of studying in Canada for international students, academic requirements, fees, and more.
MBA in Canada 2024: Highlights
Course name | Master of Business Administration |
Short Name | MBA |
MBA in Canada duration | 1 to 2 years |
MBA Course Fees in Canada | Rs. 20 to 60 lakhs |
Top MBA Specialisations in Canada |
|
Exams Required | GMAT, GRE, IELTS, TOEFL |
Scholarships for MBA in Canada |
|
Average MBA Salary in Canada | CAD 60,000 for entry-level graduates |
Benefits of Studying MBA in Canada
Canada is well-known for its universities, excellent quality of education, student life, and employment opportunities. An MBA from the Canada is widely acknowledged throughout the world. There are several benefits of an MBA in Canada, some of which are listed below:
- Quality Education: The Canada country is renowned for quality education. The advanced course curriculum, and quality education standards equip you with the necessary skills required for real-world businesses.
- Top MBA Universities in Canada: There are almost 21 business schools in Canada that offer you the best MBA programs in the world as per the QS Global MBA Rankings 2024.
- Three (3) years Work Permit: International students who study MBA in Canada are eligible for a 3-year post-graduate work permit (PGWP) and work in Canada for up to 3 years.
- High Return of Investment (ROI): Students who have graduated from MBA courses in Canadian Business Schools can expect a minimum starting salary of Rs 51 lakhs. On average you spend Rs 25 to 30 lakhs for your MBA course in Canada and the return you receive by earning is very high. Check out the average salaries of MBA graduates from the top business schools in Canada.
Top MBA Universities in Canada
Top universities in Canada that offer MBA programmes for Indian students are ranked on a variety of factors including infrastructure, quality of education, campus life, employability, and more. According to QS 2024 Global MBA Rankings, University of Toronto - Rotman, McGill University - Desautels, and Western University -Ivey are among the top 3 colleges in Canada for business and MBA programmes. A list of the best MBA colleges in Canada for Indian students is mentioned below.
Top MBA Universities in Canada 2024
University | QS MBA Ranking 2024 |
University of Toronto - Rotman | 40 |
73 | |
74 | |
University of British Columbia -Sauder | 89 |
=92 | |
98 | |
121-130 | |
131-140 | |
151-200 | |
151-200 |
MBA Admission Requirements in Canada
All Indian students seeking admission to MBA in Canada are required to fulfil the admission requirements set by the universities. However, some of the general eligibility requirements, that one must meet to be considered at Canadian universities are mentioned below.
Candidates must hold a bachelor's degree from a reputable Indian university.
Most US colleges need a minimum GPA of 3.0 or above on a 4.0 scale to be considered eligible for admission to MBA programs in Canada for international students.
All Indian students are required to submit a valid GMAT/GRE score.
International students, including those from India, whose first language is not English must demonstrate English language proficiency, which requires a minimum IELTS score of 6.0 and a TOEFL score of 80 or higher.
Some colleges in Canada might demand work experience for acceptance to their MBA degrees.
Documents Required for MBA Admission in Canada
Indian students are required to submit the following documents for admission to MBA programmes in Canadian universities:
A valid bachelor’s degree and certification
Official academic transcripts
English proficiency scores (PTE / IELTS/ Duolingo English Test)
CV/Resume
Portfolio
Proof of funds
GMAT scores (if applicable)
Essays
Passport
Can I Do an MBA in Canada Without GMAT?
It is not mandatory to have a GMAT score, as numerous Canadian universities have removed the GMAT requirement for international students, provided that applicants have excellent academic records and strong professional experience. Here are a few universities that offer an MBA in Canada with no GMAT requirement:
Thompson Rivers University | |
Schulich School of Business | |
University of Alberta | |
Smith School of Business at Queen's University | DeGroote School of Business |
Ivey Business School |
How To Study MBA In Canada Without Work Experience?
Even though work experience is a must for pursuing an MBA in Canada, there are alternatives for students who do not have work experience. If you want to pursue an MBA but lack experience, here are some of the Canadian colleges that offer MBA programmes without work experience requirements.
MBA Intakes in Canada
The fall intake is the most popular among international students among Canada's three intakes (fall, winter, and summer). It is widely available across Canadian universities, offering a diverse range of courses and attracting a large number of candidates. As a result, this intake often has lower acceptance rates and larger class sizes. Furthermore, it offers numerous scholarship options in Canada, reducing the financial strain for those studying abroad.
Canada Intakes for MBA
Intakes | Admission Month |
Fall | A popular intake among international students, the fall (September) intake in Canada begins in September |
Winter | The winter intake, starting in January, offers the best opportunity to enjoy breezy weather |
Summer | The Summer intake typically commences between April and May, accessible for select programs and colleges |
Cost of MBA in Canada 2024
To study MBA, the average tuition fee in Canada can be around CAD 40,000 to CAD 1,00,000 per year. For Indian students, the MBA in Canada cost in Indian rupees is Rs 20 to 60 lakhs. To complete the MBA at an affordable cost you can choose the course from the cheapest universities in Canada. As a student, along with the study costs you need to consider the living expenses in Canada throughout your study period. The average living expense for international students living in Canada is around CAD 10,000 to 20,000 per annum.
MBA Tuition Fee for Canadian Universities 2024
University | MBA Tuition Fee per year |
CAD 68,190 | |
University of Toronto - Rotman | CAD 67,530 |
McGill University - Desautels | CAD 102,500 |
CAD 70,500 to CAD 117,500.00 |
Affordable MBA Colleges in Canada
Several universities in Canada offer MBA at lower tuition fees. Indian students who wish to study in Canada at a lower cost of tuition can apply for the cheapest MBA colleges in Canada. Some of the affordable MBA Universities in Canada along with their tuition fees are mentioned below.
Cheapest MBA Colleges in Canada 2024
University | MBA Fees in CAD | MBA Fees in Rs. |
CAD 34,026 | Rs. 20.66 lakhs | |
CAD 35,310 | Rs. 21.44 lakhs | |
CAD 36,947 | Rs. 22.44 lakhs | |
University of Northern British Columbia | CAD 44,988 | Rs. 27.32 lakhs |
CAD 47,200 | Rs 28.66 lakhs |
Scholarships for MBA in Canada 2024
Top universities provide scholarships, bursaries, and other financial aid to help students manage their finances seeking higher education in Canada. MBA Scholarships in Canada are provided based on academic merit and financial need of students, provided that the applicant meets the requirements set by the university. Scholarships for MBA in Canada for Indian students offered by some top universities are mentioned below.
Ontario Graduate Scholarships
AIMCO Scholarship
Women in Business Leadership Scholarships
MBA Indigenous Entrance Scholarships
Forte MBA Fellowships by Forte Foundation
Work After Study in Canada
After earning an MBA in Canada, international students can apply for a Post-Graduation Work Permit (PGWP) in Canada. Candidates who have finished their two-year MBA degree are eligible to stay in Canada for up to three years. Obtaining a work visa in Canada after earning an MBA is a simple process that takes only a few steps.
International graduates have 180 days after graduation to apply for a post-graduation employment visa. The work visa enables graduates to seek employment with any Canadian organisation, providing more flexibility. Graduates with work visas are authorised to stay in Canada for up to three years, allowing for extended professional experience.
Read More: Post Study Work in Canada
Job Prospects After MBA in Canada
Candidates can look for several job opportunities after completing their MBA in Canada. Top recruiters for MBA in Canada include IBM Canada, Forazni Group Ltd, Capgemini Group, Petro Canada, Royal Bank of Canada, Unilever Canada, Business Development Bank of Canada, Ceridian Canada Ltd., Manulife Financial Corporation, TD Canada Trust, and others. On average, the starting salary for an entry-level graduate is around CAD 55,000 - CAD 60,000. Here are some of the career prospects you can work at entry-level positions after studying MBA in Canada.
Faculty in Universities
Strategy or Business Manager
Financial Consultant
Human Resource
Marketing Analyst
Operations and Supply Chain Management
Job Opportunities After MBA in USA
Marketing Manager | Business Management Consultant |
Human Resource Manager | Marketing Co-ordinator |
HR Coordinator | Administrative Manager |
Marketing Analyst | Business Development Officer |
Frequently Asked Questions (FAQs)
1. How much does an MBA in Canada cost?
To study MBA, Indian students are required to Rs 20 to 60 lakhs per annum. The cost of tuition fees for International students and local Canadian students is different, So you can check these details while veiwing the tuition fees of Canadian universities.
2. Is Canada good for MBA?
Yes, Canada has a good number of top universities that offer MBA courses. The universities deliver the best course curriculum and quality education for the international students. Moreover, the tuition fee is affordable in Canada when compared with USA or UK, etc.
3. What is the salary after MBA in Canada?
After completing an MBA in Canada, one can expect a salary of CAD 60,000 to 80,000 per year. Candidates in entry-level positions can expect a salary of CAD 60,00 per year.
Articles
Nov 19, 2024
Questions related to
Get answers from students and experts
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
Hello aspirant,
Canada offers ample opportunities in the field of radiology. With a B.Sc in Radiology, you can explore various career paths in Canadian healthcare institutions, including hospitals, diagnostic imaging centers, and clinics. It's advisable to research the specific requirements and licensing procedures for radiology professionals in the province where you plan to settle, as regulations may vary. Pursuing further certifications or examinations recognized by Canadian authorities can enhance your prospects in the field of radiology in Canada.
Thank you
Hope this information helps you.
Sajal Trivedi 08 March,2024
Dear aspirant !!
Hope you are doing good !!
Indian students must have an MBBS and clear USMLE tests to gain admission to post graduation after MBBS abroad in USA . It is important to understand that an MD/Doctor of Medicine (USA equivalent of MBBS in India) degree alone is not enough to practise medicine. A Medical PG in any specialisation is necessary..
Hope it helps you !!
Thanking you !!
Shivanshu 26 February,2024
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