Lazaridis School of Business & Economics: Rankings, Courses, Admissions, Tuition Fee, Cost of Attendance & Scholarships

Waterloo, OntarioLocation
SchoolSchool type
Estd1966established year
Public
Partner [2 Courses]

Lazaridis School of Business and Economics is the business School of Wilfrid Laurier University in Waterloo, Ontario, Canada. It is recognized by AACSB(Association to Advance Collegiate Schools of Business), which is a tremendous accomplishment considering that only around 5% of the world's 13000 business programmes have this accreditation. Programs at Lazaridis School of Business and Economics offer a wide range of options to applicants ranging from accounting, business technology management etc. The business degree with co-op is the one of the largest programs in the country immersing the students in the real-world environment in which they would work after graduation.

Admission to Lazaridis School of Business and Economics are offered in fall, spring and winter semesters. Online applications are submitted through OUAC portal along with the requisite application fee. Transcripts, ELP scores, and supporting documents are required to seek admission at the school. The annual cost to attend the school is around 40,000-46,000 CAD. The school provides scholarships and has a high employment rate of 99.5% for BBA and BA (Economics) and can thus assist the students in getting some of Canada's best-paying jobs. The college has 11 Canada research chairs, one UNESCO and one NSERC chair leading the world change and preparing the students for the same.

Highlights

Type of University Public
University Website https://www.wlu.ca/
Sex Ratio 59 Male : 41 Females
Faculty Members 9
Campus Urban
Total enrolment 20,000
Annual Acceptance rate 80-89%
Basic tuition fee for international undergraduate students 24,104 – 29,637 USD
Basic tuition fee for international graduate students Depends on the programme selected
Student-Teacher Ratio 25:1
Test Scores Accepted GMAT, English Proficiency Test Scores.
Graduation Rate 98%
Employment Rate 99.5%

Lazaridis School of Business and Economics Campus

Waterloo and Brantford are Laurier's two biggest campuses, but the institute also has a Faculty of Social Work in Kitchener and a weekend MBA programme in Toronto. The Waterloo campus is home to 16,000 Laurier graduate and undergraduate students, as well as the Faculties of Arts, Music, Science, Education, Graduate Studies, and the Lazaridis School of Business and Economics, as well as several of Laurier's research centres and institutes. More than 3,000 students are enrolled at Laurier's Brantford campus, which houses the faculties of Liberal Arts and Human and Social Sciences. Some of the features of the campus life are :

  • On the Lazaridis School of Business and Economics campus, there are approximately 22 clubs and organisations centred only on business and economics, with over 2300 business students participating. There are a total of 270 clubs and groups at Laurier, with over 6000 students active in them, including these 22.
  • The Waterloo campus is 11.6 kilometres from the Kitchener (YKF) Airport, and it takes only an hour to get there from Toronto.
  • A variety of tours and events are held on campus from time to time to help students clear their minds.
  • Academic and faculty buildings, living rooms (both dormitory and apartment-style), food outlets, the Athletic Complex, and the Laurier Library are all included in the campus tours.
  • Maureen Forrester Recital Hall and Robert Langen Gallery, WLU permanent art collection, Woldemar Neufeld art collection, University Players stage productions, Festival Laurier, and many organisations and organisations offering social and cultural events are among the campus's other amenities.

Residence

Laurier is ranked #1 for Residence Life and Extracurricular Activities in Maclean's University Rankings in 2019, 2018 and 2017. All undergraduate students enrolling in a tertiary institution for the first time are guaranteed a residence. Your application, along with your non-refundable 600 CAD deposit, had to be sent to the institute by June 1, 2021 at 11:59 p.m. to be eligible for the resident guarantee.

Rooms are assigned based on availability and preference. Rooms are assigned based on availability and preference. A student can request to live with a friend; if that is not possible, the institute matches you with a roommate who shares your habits.

  • The rooms in the resident buildings are completely equipped and include amenities such as a washing room, a kitchen, a common area, a study lounge, and access to the internet.
  • For the 2021/22 academic year, the residence cancellation deadline is June 30, 2021 to be eligible to receive a refund of the residence deposit.
  • Studio apartments, 3-bedroom apartments, 4-bedroom apartments, and shared apartments are also available as off-campus housing options.
  • Off-campus housing includes completely furnished rooms, a living room, a kitchen, and a bathroom, as well as internet and air conditioning.

Note: Students living in residence for the 2021-2022 academic year on either our Waterloo or Brantford campus will be required to be vaccinated against COVID-19 before their scheduled move-in date.

Estimated Cost for an year is as follows:
Residence Style Waterloo Campus Per Year in CAD Brantford Campus Per Year in CAD
Dorm (Single and Double) 6,472 – 8,114 N/A
Apartment: Single 7,376 –9,118 7,515
Apartment: Double 5,400 – 6,980 7,011

Note: All costs are based on a yearly basis.

Lazaridis School of Business and Economics Programs

UG at Lazaridis School of Business and Economics offers around 100 courses, whereas the graduate degree programmes have 22options to choose from. Laurier has more than 100,000 graduates from 85 different countries. All courses require a minimum of 60% in all preceding courses/classes to be eligible.

The school offers a double degree program of its own kind under the Canadian Education system combining Master of Business Administration (MBA) and Master of Finance (MFin). This combined program enables the students in leadership skills and investment banking at the same time.

Lazaridis School of Business and Economics Application process 

Applications for fall 2022 will open in October 2021. The application deadline for Ontario high school applicants is January 13, 2022. All other applicants must apply by April 1, 2022.

Term Deadline
Winter 2022 November 17, 2021
Spring 2022 March 17, 2022
Fall 2022 April 1, 2022

Application Portal – Online, Application Fees – 125 CAD

Undergraduate Requirements

  • Official high school/ college transcripts
  • Applicant Background Summary Form
  • Proof of English Proficiency through test scores as provided in the table below:
Test Score
TOEFL IBT 83(with a minimum score of 20 in each component)
IELTS 6.5(with a minimum of 6.0 in each band)
CAEL 70
PTE 59
Duolingo English Test 115
CAE 176

Note: If the program's basic criteria are satisfied but the English Proficiency criterion is not, students must enrol in the Laurier English and Academic Foundation (LEAF) programme.

Graduate Requirements

  • Official college transcripts
  • GMAT
  • Statement of Purpose
  • Updated resume
  • Reference letters
  • English proficiency test (The required minimum score is the same as for undergraduate applications.)

Lazaridis School of Business and Economics Cost of Attendance

The following is an estimate of the academic and cost of living in Canada for overseas students for one academic year:

Expense Estimated Cost per year in CAD
Tuition 24,104 – 29,637
Student Fees 1,188 – 1,426
Books 950
Total Academic Expenses 26,242 – 32,013
Residence 6,472 – 8,114 (Waterloo: dorm or apartment style) 7,515 (Brantford: apartment style only)
Meal Plans 2,180, 5,250 or 5,650 (Waterloo) 800 – 1,200 (Brantford)
Health Insurance 624

Lazaridis School of Business and Economics Scholarship

For international students, financial aid is provided in the form of part-time jobs, bursaries, and scholarships in Canada. Students can work as teaching assistants, computer analysts, tele fundraisers, or in the food service industry as part of part-time employment programmes. Few of the scholarships offered at Lazaridis School of Business & Economics are listed below:

Entrance Scholarships are for those who are starting their degree at Laurier with fewer than 4.0 university credits previously attempted (at any university) or less than 1 year of full-time college education. Applicants must be registered full time (2.0 credits minimum per term) to receive the full entrance scholarship amount and you must be registered in two terms within your first academic year

Scholarships for admission are awarded based on your admission average. There is no need to fill out an application.

Entrance Scholarship Values

Admission Average Award Value in CAD
80.0–84.9% 1,000
85.0–89.9% 2,500
90.0–94.9% 3,000
95.0–100% 4,000

President's Gold Scholarship valued at 4,000 CAD is for students scoring 95% or higher.

New Laurier Scholars’ Awards are prestigious Laurier Scholars Award, founded in 2021 to provide high-achieving students with the chance to participate in a dynamic academic environment that fosters innovative thinking and ethical, imaginative leadership. This award is worth up to 40,000 CAD over the course of four years.

This scholarship requires an application. The deadline for fall 2021 was April 8, 2021. You must have an offer of admission for fall 2021 and have a current admission average of 90% or higher to apply for the Laurier Scholars Award.

Entrance Bursaries are based solely on financial need, entrance bursaries are worth a maximum of 1,500 CAD and do not need to be repaid. To be eligible, you must be a Canadian citizen or permanent resident and attending postsecondary for the first time.

Lazaridis School of Business and Economics Alumni

The Wilfrid Laurier Alumni Association is a large organisation with about 104,000 alumni members. Laziridis graduates are automatically included in the alumni network. An Alumni card comes with a slew of perks, including career services, bar access, and discounts and other perks at the library and other establishments. Some of the Notable Alumni are:

  • Mike Lazaridis: Founder of Blackberry
  • Suresh Prabhu: Member of Rajya Sabha
  • Martin Lee Ka-shing: Co-chairman of Henderson Land Development

Lazaridis School of Business and Economics Placements

To encourage students and assist them in exploring career alternatives, the University hosts a variety of career fairs and seminars. Every year, more than 900 firms recruit students for about 4900 employment openings. According to Maclean's rankings, the University has continuously ranked first in terms of student satisfaction for the past three years. There was a 98% employment rate for the BBA program and a 100% employment rate for the BA (Econ) program in 2019. Many large organisations visit the university for placements, and all students who apply are hired.

Some of the sectors and high paying degrees and the annual salaries are discussed below:

  • Masters in Finance- 140,000 CAD
  • Masters in Management- 85,000 CAD
  • Financial Services- 126,000 CAD
  • Executive Management- 155,000 CAD

The university offers an excellent MBA co-op program, the biggest benefit of the program is you earn money while pursuing your MBA which helps to defray the expense of school. - Gain 8 months of essential work experience in a variety of industries, paving the way for future job prospects. Also, there are ample scholarships to students. In conclusion, the university is the place to go if you want a valuable business degree and exposure.

FAQs

Ques. What is the average GMAT score required to get admission into the MBA program at Lazaridis School of Business & Economics?

Ans. The average GMAT score required to get admission into the MBA program at Lazaridis School of Business & Economics is 610. Moreover, a student can also get more scholarships with an excellent GMAT score .

Ques. How is the faculty at Lazaridis School of Business & Economics?

Ans. The faculty experience is absolutely fantastic; they are truly excellent people who are extremely knowledgeable about the business subject. Furthermore, the teachers provide a great deal of motivation along the journey and even provide personal guidance on your company ideas, and they are always willing to listen to your next move.

Ques. Are international students eligible for the Toronto part-time alternate weekend MFin program?

Ans. We do accept applications from international students. International students do not typically apply to our part-time Toronto program because they are not eligible for a post-graduate work permit (PGWP).

Ques. If a student passes the CFA level 1 exam, will he/she be exempted from GMAT requirement?

Ans. If s student passes the CFA Level 1 exam and completed a previous degree in North America, the GMAT requirement can be waived.

Ques. Is Co-op placement guaranteed for co-op students?

Ans. Co-op employment is not guaranteed. Co-op students apply for co-op positions posted by companies. The companies select those students they wish to interview. If a co-op student fails to secure a position in the fall term, he/she can continue interviews in the winter term. After two terms, a co-op student without co-op job offer will be converted to the regular stream.

Ques. Is work experience required to be considered for MFin program?

Ans. A minimum of two years of full-time work experience is required for our alternate weekend MFin program in Toronto. No work experience is required for our full-time MFin program in Waterloo.

Lazaridis School of Business & Economics Program Fees & Deadlines

ProgramImportant DatesFeesExams ScoreAction
B.B.A
4 years
Application Deadline For Fall 2024 Intake (1st Apr 2024)
INR 13.3 L/Yr
CAD 21,645 /Yr
  • TOEFL: 83
  • IELTS: 6.5
  • PTE: 59
  • Duolingo: 115
M.Fin
1 year
Application Deadline For Fall 2024 Intake (15th Apr 2024)
INR 24.5 L/Yr
CAD 39,930 /Yr
  • TOEFL: 100
  • IELTS: 7
  • PTE: 60
  • GMAT: 650
Application Deadline For Fall Intake (1st Apr 2024)
INR 6.9 L/Yr
CAD 11,157 /Yr
  • IELTS: 6.5
  • TOEFL: 83
Application Deadline For Fall 2024 Intake (30th Apr 2024)
INR 24.4 L/Yr
CAD 39,791 /Yr
  • TOEFL: 89
  • IELTS: 7
  • PTE: 60
Application Deadline For Fall 2024 Intake (1st Apr 2024)
INR 13.3 L/Yr
CAD 21,645 /Yr
  • TOEFL: 83
  • IELTS: 6.5
  • PTE: 59
  • Duolingo: 115
Application Deadline For Fall 2024 Intake (1st Apr 2024)
INR 13.3 L/Yr
CAD 21,645 /Yr
  • TOEFL: 83
  • IELTS: 6.5
  • PTE: 59
  • Duolingo: 115

Master of Business Administration [M.B.A]

1 year
Co Op, On Campus
English
Full Time
Exam Scores: TOEFL100|IELTS7|GMAT550|PTE60

Bachelor of Business Administration [B.B.A]

4 years
Co Op, On Campus
English
Full Time
College Partner
Exam Scores: TOEFL83|IELTS6.5|PTE59|Duolingo115
Options Available:
Important Date: 01 Apr, 2024

Master of Finance [M.Fin]

1 year
Co Op, On Campus
English
Full Time
Exam Scores: TOEFL100|IELTS7|PTE60|GMAT650
Important Date: 15 Apr, 2024

Diploma Business Administration

1 year
On Campus
English
Full Time
Exam Scores: IELTS6.5|TOEFL83
Options Available:
Important Date: 01 Apr, 2024

Bachelor of Arts [B.A] Economics

4 years
Co Op, On Campus
English
Full Time
Exam Scores: TOEFL83|IELTS6.5|PTE59|Duolingo115
Important Date: 01 Apr, 2024

Lazaridis School of Business & Economics Scholarships


NameScholarship Per StudentLevel of StudyType
VueVille Future Technology ScholarshipScholarship per student₹ 82,890/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Paul Foundation scholarshipsScholarship per student₹ 16.7 L/Yr$20,174Level Of StudyDiplomaTypeMerit-Based
Ncert book testing schloarshipScholarship per student₹ 8.3 L/Yr$10,000Level Of StudyBachelorTypeMerit-Based
QS Leadership ScholarshipScholarship per student₹ 8.3 L/Yr$10,000Level Of StudyMasterTypeMerit-Based
FINCAD Women in Finance ScholarshipScholarship per student₹ 16.6 L/Yr$20,000Level Of StudyMasterTypeMerit-Based
aaa updatedScholarship per student₹ 46,999/Yr$567Level Of StudyBachelorTypeMerit-Based

Lazaridis School of Business & Economics Admissions

Lazaridis School of Business & Economics Exam Scores

ExamsAvg. ScoreMin ScoreMax. Score%Submitted'
Language Proficiency
TOEFL101.583120-
IELTS7.56.59-
PTE74.55990-

Attendance Cost

₹1,329,003

attendance cost

The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees

Tuition fees
Undergraduate Programs
₹1,329,003 / Year
Post Graduate Program
₹2,451,702 / Year

Lazaridis School of Business & Economics Campus Location


+1-519-884-0710
Telephone
64 University Avenue West, Lazaridis Hall 4001, Waterloo, ON N2L 3C7
Address

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