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MBA Programs in Canada With Highest ROI 2024: Top Colleges
Edited By Prabhjyot Kaur | Updated on Jul 29, 2024 04:37 PM IST
One of Canada's most desired and applied programmes is the Master of Business Administration or MBA. The major reason international students opt for this course is that there are some of the best MBA programs in Canada with the highest ROI. First, the MBA rate on investment in Canada (MBA ROI Canada) is related to the estimated financial advantages.
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These are such as salary hikes, skill enhancement, career growth, global networking opportunities, and others after completing the MBA degree in Canada. In simple terms, the best ROI MBA in Canada is determined by comparing the total costs (MBA tuition+living expenses in Canada) with the offered opportunities after graduation.
Some of the top business schools in Canada offering the best ROI MBA programs include Rotman School of Management, Desautels Faculty of Management, Ivey Business School, Sauder School of Business, Smith School of Business, and many others. Moreover, academic courses such as International Business, Entrepreneurship, Supply Chail Management, Finance, Healthcare, Human Resources, etc are a few of the top MBA programs in Canada with highest ROI.
Graduates from MBA programs at Canadian business schools can expect a starting salary of at least Rs 51,00,000. Typically, the cost of studying MBA in Canada ranges from Rs 25 to 30 lakhs, indicating a high ROI. Read the article below to learn more about the ROI MBA programs, their eligibility, job prospects, etc. Also, it talks about the top 10 MBA colleges in Canada along with their rankings.
MBA Programs in Canada with Highest ROI: Top Specialisations
Canada is a hub that offers different MBA specialisation options that are among the best MBA programs in Canada for international students. These specialisations are curriculum with globalistic business trends that help international students to choose wisely as per their career goals and aspirations.-Some of the high ROI MBA programs in Canada include the following:
Human Resource Management
Financial Management
International Business
Supply Chain Management
Strategic Management
Marketing
International Relationships
Accountancy
Top 10 MBA Colleges in Canada
The best ROI MBA colleges are located in Canada and also offer some of the best business courses. These top business schools in Canada are ranked highly as per QS WUR 2024 in the category of ‘MBA”. Moreover, these university offers almost all major specialisations that are considered the best MBA programs in Canada. Here, we have listed in the table, the top 10 MBA colleges in Canada for international students.
MBA Colleges in Canada with Highest ROI
University Name | QS WUR 2024 (MBA) |
Toronto (Rotman School of Management) | 40 |
73 | |
Western (Ivey Business School) | 74 |
UBC (Sauder School of Business) | 89 |
92 | |
98 | |
121-130 | |
131-140 | |
151-200 | |
151-200 |
Eligibility for MBA Programs in Canada with Highest ROI
Securing admission to one of the best colleges for MBA in Canada for Indian students requires them to meet the academic requirements. However, these entry requirements for the MBA programs in Canada with highest ROI vary slightly as per the university and the type of course. The common eligibility criteria for MBA in Canada are mentioned below:
International students must have completed their bachelor's from a recognized university or its equivalent in a relevant field of study such as business, economics, management, accounts, etc.
Students must demonstrate their English command via one of the acceptable English tests. A few of the acceptable English tests such as IELTS, TOEFL, DET, CAE, PTE, etc are acceptable.
Most of the business schools in Canada require international students to submit GRE or GMAT scores. Some of the MBA colleges in Canada may waive this standardised test requirement when the candidate has a certain professional work experience.
International students require at least 2 to 5 years of work experience on average to be eligible for admission into some of the best MBA programs in Canada with highest ROI.
There is also a requirement to submit Letters of Recommendation (LORs), Statement of Purpose (SOPs), resume, academic essays, academic transcripts, and other supporting documents with the MBA applications.
Some of the high ROI MBA colleges in Canada may require students to go through an interview screening to secure admission.
International students must hold a Canadian student visa to study legally in the country.
Tuition Fees for Best ROI MBA Colleges in Canada
One of the major components in determining the ROI MBA programs of the universities is the tuition fees for the MBA course. The tuition fees may vary from one university to another as well as the selected best MBA programs in Canada. In the table below, we have listed the tuition fees for the top 10 MBA colleges in Canada for international students.
Tuition Fees for MBA Programs in Canada with Highest ROI
University Name | Average MBA Tuition Fees |
Toronto (Rotman School of Management) | CAD 131,120 |
McGill (Desautels) | CAD 99,500 |
Western (Ivey Business School) | CAD 120,500 |
UBC (Sauder School of Business) | CAD 90,057 |
Queen's (Smith School of Business) | CAD 102,100 |
York (Schulich School of Business) | CAD 106,900 |
Alberta School of Business | CAD 60,000 |
Concordia (John Molson) | CAD 41,500 |
HEC Montréal | CAD 54,000 |
McMaster (DeGroote) | CAD 86,000 |
MBA ROI Canada: Job Prospects and Salaries
An MBA enhances one’s capabilities in a professional way to manage and lead in their career fields. So, the ROI is quite impressive with cost-effective MBA tuition fees in Canada. There is an abundance of work opportunities for international students after obtaining a degree in any of the MBA programs in Canada with highest ROI.
We have mentioned a few of the top MBA career prospects along with their estimated salaries in Canada.
Expected Salaries and Best ROI MBA in Canada
MBA Jobs in Canada | Estimated Salaries (in CAD Approx) |
Business Development Manager | 70,000 to 120,000 |
Supply Chain Manager | 70,000 to 110,000 |
Financial Analyst | 60,000 to 100,000 |
IT Manager | 75,000 to 120,000 |
Product Manager | 70,000 to 120,000 |
Finance Manager | 70,000 to 120,000 |
Human Resources Manager | 65,000 to 110,000 |
Management Consultant | 80,000 to 140,000 |
Marketing Manager | 65,000 to 110,000 |
Operations Manager | 65,000 to 110,000 |
Is It Good To Do MBA From Canada?
Yes, pursuing an MBA from Canada is one of the wise decisions for international students. There are a lot of benefits to studying in Canada. The nation is also among the popular study-abroad destinations in the world for international students planning MBA studies. A few of the top reasons to study ROI MBA programs in Canada include the following:
Top Business Schools in Canada: Canada is a hub of some of the top universities in the world for Masters in Business Aadministration Canada. It offers students world-class faculty contributing to business research. Some of them are also affordable making them the cheapest universities in Canada.
Top Business Programmes: Some of the business courses offered in Canada are among the best in the world and are also ranked highly by official ranking bodies such as QS and THE.
Growing Economy: Canada has a thriving industry that is rapidly growing allowing international students to learn to a great extent by practical hands-on experience through numerous internships, hackathons, and case studies. This helps students to gain more benefits from ROI MBA programs.
Work Opportunities: International students are provided with work opportunities of both kinds which are full-time and part-time. So, many part-time jobs while studying in Canada are available for up to 20 hours per week. Moreover, full-time post-study work opportunities in Canada are also given to students to start their business careers.
Scholarships in Canada: An abundance of scholarships in Canada are available for international students to finance their MBA programs in Canada with highest ROI. Hence, students can avail them either from external sources or via the university-based portal.
Frequently Asked Questions (FAQs)
1. Which MBA has highest ROI?
There are so many specialisations available for international students to pursue along with the general MBA to enhance their career prospects. Some of the MBA with highest ROI include Healthcare, Marketing, Human Resource Management, International Business, Finance, and many more.
2. Which MBA course is high in demand in Canada?
A few of the MBA courses that are in high demand in Canada include Business, Finance, Accountancy, Healthcare, and IT. This is because of the thriving Canadian economy that creates more and more job prospects for international students.
3. Which is the most prestigious MBA in Canada?
Some of the most prestigious MBA are provided by a few of the top business universities in Canada that includes Rotman School of Management, Desautels Business School, Ivey Business School, Smith School of Business, Sauder School of Business, Alberta, and many others.
4. Which MBA has the highest acceptance rate in Canada?
Some of the universities with the highest acceptance rates in Canada include Odette School of Business University of Windsor, Rotman School of Management University of Toronto, and Athabasca University, Laurentian University.
Articles
Nov 21, 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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