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:
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:
University of Windsor
University of Waterloo
MBA scholarships in Canada for foreign students: Ontario Graduate Scholarship
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.
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
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
FortÃ© Foundation Scholarships
Candidates must showcase exemplary leadership ability
Demonstrate a commitment to women and girls via personal mentorship or community involvement.
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.
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
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.
Early Admissions Round
1st Admissions Round
2nd Admissions Round
Final Admissions Rounds
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
AIMCo MBA Award
Offered annually to full-time MBA students specializing in finance.
a) High academic achievements
b) Excellence outside the classroom is also considered
c) GMAT Score
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.
Michael Lang MBA Award
Another popular MBA scholarship in Canada, it is awarded to full-time candidates.
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.
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
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.
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
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.
Early submission: January 15 (decision made by March 1)
Final deadline: June 1
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.
Robert Krembil Scholarship of Merit
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
Tanna H. Schulich MBA Entrance Scholarship
Scotiabank Scholarships in International Business
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.
The Thomas Beck MBA Award
Awarded based upon academic achievement as well as specific criteria
Carol Anne Letheren Women’s MBA Award
Sony of Canada MBA Scholarship
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
Stay tuned to www.studyabroad.careers360.com for more stories on Canada
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