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Can I get Scholarship for MBA in Canada?

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Arnav Patel Posted On : February 10th, 2022
lives in Mumbai, Maharashtra, India

Yes, there is a wide array of fully funded and university scholarships available. If you are planning to pursue an MBA from Canada, here are some of the most popular scholarships that you can apply. 

Scholarship  Amount (CAD) Offered by 
MBA Excellence Award Up to 20,000 Rotman School of Management
Women in Business Excellence Award Up to 10,000 Rotman School of Management
Global Business Leader of Tomorrow  Up to 10,000 - 15,000 Sauder School of Business
MBA Entrance Scholarship Up to 7500 - 11,500 Haskayne School of Business 
Ivey MBA Scholarship Up to 10,000 Ivey Business School 
MBA Admission Award Up to 1000 - 10,000 DeGroote School of Business 
Scotiabank Scholarship Up to 20,000 Schulich School of Business 
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What is MBA salary in Canada?

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Krishna Srivastav Posted On : February 10th, 2022
lives in Bengaluru, Karnataka, India

According to salary trends, the average salary for MBA jobs in Canada ranges from CAD 83,000 to CAD 90,000. Here are the average annual salary statistics for MBA graduates from top-rated colleges in Canada. 

University  Average Annual Salary (CAD)
University of Toronto  116,000
McGill University 83,000 - 118,000
Western University  101,000
York University  93,000
University of Alberta  94,000
Concordia University  117,000
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Can I do MBA in Canada without GMAT?

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Debadrita Sinha Posted On : February 10th, 2022
Indian Institute of Foreign Trade, Delhi (2019)

Very few universities in Canada offer MBA without GMAT scores. They will consider other factors as eligibility criteria such as work experience for selection.

 York University’s Schulich of School of Business, McMaster University’s Degroote School of Business are some of the most reputed business schools in Canada that offer MBA without GMAT. Other than these, other universities offering MBA without GMAT are New York Institute of Technology, Thompson Rivers University, Lakehead University, Wilfrid Laurier University. 

You have the option to apply for executive MBAs without a GMAT score, too.

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Is MBA free in Canada?

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Bhavya Sinha Posted On : February 10th, 2022
lives in Bengaluru, Karnataka, India

No, MBA in Canada is not free. But many reputed universities in Canada offer affordable MBA courses. You can easily choose decent universities to pursue an MBA without compromising on the quality of education. As per the fee trends of top business schools in Canada, an MBA degree will cost around 34,000 CAD to 255,000 CAD. 

Here are some of the affordable Canadian universities that you can consider for MBA. 

  • University of Alberta - INR 17.8 lakhs/year
  • Memorial University of Newfoundland - INR 3.9 lakhs/year
  • University of New Brunswick - INR 7 lakhs/year
  • University Laval - INR 9.2 lakhs/year
  • University of North British Columbia (UNBC) - INR 10.1 lakhs/year

Other than that, you can also opt for many popular scholarships available for MBA students in Canada. You have the option to work while studying as well. 

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Where can I do MBA in Toronto?

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Arpita Sinha Posted On : February 10th, 2022
lives in Bengaluru, Karnataka, India

With a friendly immigration policy and a wide array of post-study job opportunities, Toronto is one of the most happening MBA destinations among international students. Here are few of the top B-schools in Toronto.

  • University of Toronto - Joseph L.Rotman School of Management (#1st in Canada by QS Global MBA ranking)
  • York University, Schulich Scool of Business (#1st in Canada 2021 Global MBA ranking by The Economist)
  • Wilfrid Laurier University, Toronto Campus (#401-500 in QS World University Ranking for Business and Management Studies in 2021)
  • Ryerson University, Ted Rogers School of Management 
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How many years of work experience do you need for MBA in Canada?

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Anamika Dasgupta Posted On : February 10th, 2022
Ph.D. English Literature & British Literature, University of Sheffield

For pursuing an MBA in Canada, students are required to have work experience of 1-2.5 years. On average, MBA students of Canada have 6.4 years of work experience. The required work experience varies depending on the institute and the nature of the MBA program. 

There are also many colleges in Canada that offer MBA programs without any work experience. New York Institute of Technology, Thompson Rivers University, Cape Breton University, University of Windsor are a few of such institutes. 

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MBA in Canada with 6.5 IELTS?

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Deepali Guha Posted On : February 10th, 2022
lives in Hyderabad, Telangana, India

The minimum IELTS score required for Canadian immigration is 6. A score in the IELTS band of 6.5-7, should fetch you a reputed B-School. Here is the IELTS requirement for some top Canada B-Schools. 

B-school  IELTS Score 
University of Toronto  6.5 
University of British Columbia  6.5
McGill University  6.5
University of Alberta  6.5 
University of Newfoundland  6.5 
University of Windsor 
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What is the MBA in Canada eligibility for Indians?

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Himanshu Lahiri Posted On : February 10th, 2022
MS Mechanical Engineering, Northwestern University (2022)

Most universities or colleges of Canada have their own set of eligibility criteria for MBA admission. But the common prerequisite for international students is as follows.

  • You need to have a bachelor's degree in any discipline from a recognized university. Usually, most universities accept a 4-year long undergraduate course. But there are some institutes that accept 3-year long bachelor's degrees too.
  • Proof of relevant work experience. Since MBA is a professional degree, most institutes prefer students with 12 months of work experience. Though having work experience isn’t mandatory.
  • For most of the top business schools in Canada, a good GMAT score is mandatory.
  • As an international student applying for an MBA in Canada, you will also require to have a decent language proficiency score such as IELTS, TOFEL, PTE. 
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When to apply for MBA in Canada?

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Anumita Gupta Posted On : February 10th, 2022
lives in Bengaluru, Karnataka, India

In Canada, the admission circle for MBA starts at least six months before the session commences. Most universities already wrapped up their first round of admission of full-time MBAs, for 2022. 

Below are the upcoming deadlines of some top MBA programs in Canada. 

Rotman School of Management 

3rd round - 13th April, 2022

4th round - 15th June, 2022

Desautels Faculty of Management 

Application closes for international students - 15th March, 2022

Schulich School Business 

3rd round - 31st March, 2022

4th round - 19th May, 2022

Smith School of Business 

1st September, 2022

Sauder School of Business 

Last round - 5th April, 2022

Alberta School of Business 

Fall 2022, September term - 

Admission closes for international students - 15th April, 2022,

Executive MBA application closes - 30th June, 2022

If you are planning to do your MBA from Canada, you should start your application process at least two years prior to your actual joining year. That way you will have enough time to plan out the whole process.

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What are requirements for MBA in Canada?

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Anuj Sengupta Posted On : February 10th, 2022
Graduate Certification in Business Intelligence

Most reputed business schools in  Canada require the following for MBA admission. 

  • A bachelor's degree from a recognized university.
  • Graduate Management Admissions Test (GMAT) score.
  • English Language Proficiency Test IELTS, TOFEL, or PTE score.
  • Statement of Purpose
  • 2 Letter of Recommendation 
  • MBA essay (if asked)
  • Previous relevant work experience poof (if any)
  • Bank statement
  • Photographs
  • Visa
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