MBA scholarships for foreign students in Canada
Updated on Oct 24, 2016 - 6:13 p.m. IST by Manashjyoti
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MBA scholarships in Canada: An MBA degree from a top university in Canada can offer you guarantee of a decent job and fast career growth. But while an MBA degree in Canada is most desired, it is the cost of pursuing MBA in Canada which can be a deterrent, with tuition fee hovering in the range of $31,800- $105,690. Add to that living costs and other variables like health insurance, and what you have is a hefty bill. One way to circumvent the financial burden is by taking help of MBA scholarships in Canada for foreign students.

Here we have listed some of the top MBA scholarships in Canada that are worth a try: 

1. Ontario Graduate Scholarship (OGS) Program 

 

A popular MBA scholarship in Canada, the Ontario Graduate Scholarship funds graduate studies at the master’s and doctoral levels. It is a merit-based scholarship offered by top universities in Canada in the Ontario region. Also being merit-based, the scholarship is highly competitive.

Participating universities: Some of the popular participating universities include:

  • Carleton University

  • York University

  • University of Windsor

  • University of Waterloo

MBA scholarships in Canada for foreign students: Ontario Graduate Scholarship

Scholarship

Value

Eligibility

Deadline

Ontario Graduate Scholarship

5,000 per term up to a maximum of $15,000 per academic year.

Should be enrolled in graduate studies in master’s or doctoral level

 

Should be pursuing a full-time program comprising 2 or more terms (21 to 52 weeks in total)

 

Should be attending a participating Ontario school

Applications become available in October. Deadlines vary by school and you need to contact your university for the deadlines.

2. Rotman School of Management Scholarships

 

Around one-third of students enrolled at Rotman School of Management, University of Toronto, are granted entrance scholarships, fellowships and awards every year. Among the popular MBA scholarships in Canada for foreign students, Rotman scholarships seek to remove the financial barriers that may come in the way of qualified applicants seeking admission at the business-school.

 

MBA Scholarships in Canada for foreign students –Rotman School of Management

Scholarship

Value

Eligibility

Deadline

Rotman Entrance Awards and Fellowships

Two popular entrance awards granted to students enrolled in Morning & Evening MBA programmes:

 

Five Women in Business Excellence Awards of $10,000

 

Two Morning MBA Excellence Awards of $20,000

 

All students admitted to Rotman School of Management are automatically considered for Rotman Entrance Awards and Fellowships

 

Students though need to fulfill MBA programme admission requirement, which includes English language proficiency TOEFL/IELTS test scores, GMAT scores and interview

First Application Deadline for morning and evening MBA: November

 

Forté Foundation Scholarships

$40,000

Candidates must showcase exemplary leadership ability

 

Demonstrate a commitment to women and girls via personal mentorship or community involvement.

MGA/MBA Awards

$30,000

Offered to the top student in the MGA(Master of Global Affairs)/MBA Programme

How to apply: Students are automatically considered for the awards based on their application for admission and don’t have to apply separately.

3. Sauder School of Business Entrance Scholarship

 

Sauder School of Business at the University of British Columbia offers its own brand of MBA scholarships in Canada for foreign students to attract potential talents from across the world. Sauder extends merit-based entrance scholarships to outstanding international students.

MBA scholarship in Canada: Sauder Entrance Scholarships

Scholarship

Description

Value

Eligibility

Global Business Leader of Tomorrow Scholarship

 

This scholarship is awarded to candidates with the potential to make lasting impression to Sauder’s global brand.

 

$10,000 - $15,000

A holistic approach is adopted to select students, including parameters like GMAT/GRE and GPA scores. 

 

Other contributing factors include application essays and interview performance.

 

Accelerated Career Scholarship

 

This award is for candidates with outstanding career potential, especially who can lead by example and showcase Sauder’s commitment to excellence.

 

$5,000 - $10,000

How to apply: No separate application form is needed for applying to Sauder Entrance Scholarship, among the popular MBA scholarships in Canada.  

Deadline:  

Application Round

Deadline

Early Admissions Round

December

1st Admissions Round

February

2nd Admissions Round

April

Final Admissions Rounds

June

4. Alberta MBA Scholarships

 

Alberta School of Business, University of Alberta, extends a number of MBA scholarships in Canada to meritorious and needy international students. These scholarships are generally offered for the duration of the MBA program.

MBA Scholarships in Canada for foreign students: Alberta MBA scholarships

Scholarship

Description

Value

Eligibility

Deadline

AIMCo MBA Award

Offered annually to full-time MBA students specializing in finance.

$10,000

a)  High academic achievements

b) Excellence outside the classroom is also considered

c) GMAT Score

April

Claude Winspear MBA Award

Open to students with leadership skills and academic credentials and who are enrolled in a full-time MBA program at Alberta University. 

$10,000

Michael Lang MBA Award

Another popular MBA scholarship in Canada, it is awarded to full-time candidates.

$10,000

How to apply: Generally no separate applications are need to apply for the scholarship, as your program application form will be used to judge your eligibility.

5. Ivey MBA Scholarships

 

One reason why you may want to study at Ivey Business School could be that Ivey offers a number of MBA scholarships, including some of the largest merit-based MBA scholarships in Canada. 

MBA scholarships in Canada for foreign students: Ivey scholarships 

Scholarship

Description

Value

Eligibility

Deadline

Ivey MBA scholarships

Largest merit scholarship funding in Canada

Amounts ranging from $10,000 to half tuition

Based purely on merit and leadership qualities

 

Selection parameters include exceptional professional experience, leadership skills, and academic excellence, in addition to strong GMAT scores.

 

Applications accepted multiple times a year, including in November and January

How to apply: There is no separate scholarship application. Instead, you need to complete the scholarships section included in the online MBA admission application.

6. Haskayne School of Business MBA Entrance Scholarships

 

This scholarship aims at removing obstacles faced by international students in their path towards becoming future leaders. Among the popular MBA scholarships in Canada, the Entrance Scholarship also intends to attract high-achieving students from across the world to the university.

MBA scholarships in Canada for foreign students: Haskayne MBA Entrance Scholarships

Scholarship

Description

Value

Eligibility

Haskayne School of Business MBA Entrance Scholarships

Helps needy international students in their path towards becoming future leaders by sponsoring their studies

$5,750 per year or $11,500 for two years (assuming 10 half-courses per year and a minimum grade of B on all of their courses)

Award is based on merit and takes into account GPA and GMAT scores

 

Offered to daytime and evening students.

 

All international daytime visa students are eligible

How to apply: There is no separate application form as your MBA applications will be used to evaluate eligibility.

Deadline

Academic session

Deadline

Fall Admission

  • Early submission: January 15 (decision made by March 1)

  • Final deadline: June 1

Winter Admission

November

7. Schulich School of Business Scholarships

International students at Schulich School of Business Scholarships can choose from a number of scholarships to fund their MBA studies. Many of these scholarships offer good monetary value to be considered among the most generous MBA scholarships in Canada. MBA scholarships are available under two categories: 1) Entrance Scholarships and 2) Continuing Student Awards

 

1)      Entrance Scholarships: These scholarships offer generous amount of money and are offered to full-time students at Schulich.

Scholarship

Value

Eligibility

Deadline

Robert Krembil Scholarship of Merit

$33,000

Full-time students at Schulich are selected based on merit

No separate application is necessary as full-time students are automatically considered for these MBA scholarships in Canada

Seymour Schulich MBA Entrance Scholarship

$24,200

Tanna H. Schulich MBA Entrance Scholarship

$24,200

Scotiabank Scholarships in International Business

$20,000

2) Continuing Student Awards: This specific type of MBA scholarship in Canada is available to students enrolled in MBA, IMBA or MPA programs at the University of Schulich.

Scholarship

Value

Eligibility

The Thomas Beck MBA Award

$5,000

Awarded based upon academic achievement as well as specific criteria

Carol Anne Letheren Women’s MBA Award

$3,000

Sony of Canada MBA Scholarship

$3,000

Wigwamen Scholarship

$2,500

How to apply: No separate application is necessary as full-time students are automatically considered for these MBA scholarships in Canada

 

Deadline: Schulic offers both part-time and full-time MBA. Deadlines for part-time MBA end in early-May.

 

Full-time MBA deadlines

Entry

Round 1

Round 2

Round 3

January

Sep

Oct

Late applications

September

Jan

Feb

April

Stay tuned to www.studyabroad.careers360.com for more stories on Canada

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