Education
MBA in Canada & Best Business Schools in Canada
MBA in Canada: Understanding the changing business environment and acting accordingly is key to the success of any business. Candidates with management skills help many industries around the world feel its success. Yes, management is an art!
Gaining knowledge and abilities at a higher level of managerial experience is possible if you get an MBA in Canada from a suitable institution. With an experienced teaching staff, amazing infrastructure, relevant academics, and an internationally recognized degree, you can make your career in business management.
Benefits of MBA in Canada
A beautiful location, the best universities in the world, and a great quality of life, it’s not hard to see why international students prefer Canada for higher education. This is all too obvious for students wanting to pursue an MBA. The average annual tuition fee for an MBA in Canada ranges from $20,500 to $112,000 CAD, which mainly depends on the specialization and the university you choose. Great, isn’t it! So what’s so special about getting an MBA in Canada?
According to the Financial Times 2021 MBA ranking, about 11 universities in Canada are among the top 200 universities in the world.
According to the QS MBA ranking (2021), almost 6 business schools and universities in Canada are among the top <> in the world.
According to the global MBA ranking, Canada’s top 20 business schools are among the top 200.
Business management programs are among the top 10 subjects in Canada that are most preferred by international students.
Awesome post-study job opportunities for MBA applicants! The Canadian government welcomes large small and medium-sized businesses and startups that increase the demand for MBA applicants.
Types of MBA in Canada
The Master of Business Administration is now available in a wide range of specializations. Generally, courses can be selected based on some important factors, including the area of interest and duration of the course. Generally, the types of MBAs in Canada can be broadly categorized based on the length of the course. You will get a clear idea of choosing the right course.
Full-Time MBA in Canada – If you want to enter the job market as a leader, a full-time MBA in Canada is the way to go. Get an amazing opportunity to understand the diversity of the Canadian workforce. The duration of the course is 2 years, which allows students to study full-time. International students are expected to have decent scores on the GMAT and language proficiency tests for admission.
A part-time MBA in Canada is a great opportunity for job seekers who want to pursue a management degree while on the job. The course duration of this degree can range from three to six years depending on the university you choose.
Executive MBA in Canada – This program is optimized for executives and job seekers who want to have (senior) management-level experience. You will need to do this for 20 to 28 months.
Best MBA Colleges in Canada for International Students
Canada is one of the top five destinations for international students wishing to pursue management programs. This is mainly due to the excellent history of academic programs at Canada’s top universities. Canadian MBA universities have drawn the attention of the whole world to the preparation of applicants who meet the requirements of the global market. Management programs in Canada are cheaper than in other popular destinations in the world.
According to the QS MBA Rankings (2021), 6 business schools and universities in Canada are among the top 100 universities in the world. We’ve sorted the best universities for you to minimize your time and effort in choosing the right one.
Best MBA Courses in Canada
MBA in Finance
International students who want to make their careers according to financial reporting and analysis, portfolio management, corporate finance, market finance, etc. The average course duration is 2 years.
MBA in Human Resource Management
Canada’s top universities offer an excellent MBA in Human Resource Management program. You can gain knowledge and make your career in people management, the hiring process, training, and improving the performance of employees in an organization.
International MBA (IMBA) in Canada
International students who want a global experience can pursue this program. You can take international field training, an integrated curriculum, global courses, internationally recognized graduations. The duration of the program is usually between 20 and 28 months.
MBA in Canada Tuition Fees
With the increase in demand from job seekers, a wide range of specializations are now available in management programs. To provide students with the opportunity to experience business all over the world, top universities offer top-notch MBA courses to international students. Taking into account various course selection factors, the cost components are among the most important. If you’re planning to pursue an MBA in Canada, here’s an amazing guide to help you stay on top of the financial aspects of planning.
MBA in Canada Requirements
Document Requirements for MBA in Canada
Generally, there are some documents that need to be submitted to the relevant university in Canada. These requirements may vary from one to the other. However, we have offered you the expected general documents, which are listed below:
List of Academic Credentials and Transcripts
Qualification Exam Grade Map
Bank statements
Proof of work experience (if any)
LOR – Letter of Recommendation (minimum 2)
SOP – Statement of Purpose
MBA Essay (if needed)
Updated CV/Resume
Photographs
VISA
Eligibility for MBA in Canada for Students
Studying MBA in Canada is easy if you have a list of eligibility criteria set by universities. Below are some of the main criteria to help you prepare ahead of time.
International students must have a bachelor’s degree or its equivalent in any discipline from recognized institutions.
Hands-on and experiential learning is an integral part of management courses, where work experience also plays a very important role. Gain an added edge over other job seekers by earning a certificate of work experience.
What Exam is Required for MBA in Canada?
Universities expect English proficiency certificates, which include TOEFL and IELTS, which students must have.
TOEFL: 90+
IELTS: 6.5 to 7.0
GMAT scores are mandatory if applicants must score a minimum of 550 points.
MBA scholarship in Canada
It’s easy to get the right scholarship! There are 5000 types of scholarships in Canada for international students to pursue any master’s degree, including government scholarships, non-government scholarships, and educational institution scholarships.
Post MBA Jobs in Canada
MBA graduates from Canada with a world-class degree are among the most sought-after professionals in a variety of positions. In Canada, the opportunities are enormous, with medium and large firms offering about 150,000 jobs. This is mainly due to the increased participation of SMEs, which is a strength of the Canadian economy. Small and medium-sized firms and startups are eager to hire MBA graduates for a good salary.
Marketing Analyst – $51,000 CAD
Marketing Manager – $84,900 to $141,400 CAD
Sales & Marketing Manager – 359 160 CAD
Marketing Coordinator – $70,000 CAD
Senior HR Manager – $105,560 CAD
HR Manager – 71 208 CAD
Human Resources Coordinator – $47,277 CAD
HR Director – $100,000 CAD
Human Resources Coordinator – $350,400 CAD
Consultant – 85,000 Canadian dollars
Business Development Officer – $75,000 CAD
Business Management Consultant – $69,000 CAD
Administrative Manager – 376 680
(The above salaries are annual)
Salary after MBA in Canada
In addition to large recruitment agencies, the Canadian market is filled with small and medium-sized companies. Consequently, in recent decades, the demand for employers in various industries has been high. Business management has a known scope of application, and every year it increases. Moreover, earning an MBA in Canada makes exceptional value for job seekers with high-paying jobs. The highest-paid recruiters welcome passionate graduates in a variety of fields, including business management, operations management, human resources, finance, traditional and digital marketing.
Work Permit After MBA in Canada
With a dynamic, multicultural society and the growing demands of business school graduates, job seekers love to stay and work in Canada. The Government of Canada welcomes graduates who have completed MBA courses. Thus, getting a work permit after an MBA in Canada is easy and flawless. Yes, by following a few simple and timely measures, you can effectively obtain a work permit.
We’ve covered some important information regarding post-MBA work permit policies, and it’s listed below.
International students have 180 days to apply for a work permit after graduation.
An additional benefit of the work permit policy is that graduates can work for any company in Canada.
After obtaining a work permit, graduates can live in Canada for 3 years.
It is not surprising that Canada is the most favorite destination for international students. Obtaining an MBA in Canada will increase your professional level, which is recognized all over the world. In addition, the friendly policies and regulations of the Canadian government allow international students to pursue management programs. Of course, understanding the expert is important for making the right decisions regarding the specialization of MBA and universities.