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Top MBA schools, colleges, and universities in Canada
Canada has the best educational institutes due to its commitment to enhancing education. The MBA or Masters in Business Administration degree takes you places in your career. In addition, studying MBA in Canada gives you an edge compared to your peers.
The country has allotted a substantial portion of its budget for the education sector than any other country. No wonder students flock to Canada for their MBA degrees every year.
Canada has options for full-time and part-time courses for MBA.
Do you want to study in Canada? Y-Axis is here to guide you to your bright future.
Why study MBA in Canada?
These are the advantages of studying in Canada
- Exceptional exposure
Studying in Canada gives you the much needed exposure for your professional and personal growth. The faculty of the business schools in Canada have substantial experience in the field and thereby, they are able to impart invaluable skills and knowledge to the students.
You also have an opportunity to interact with your classmates who come from all over the world. You get to learn about their cultures and traditions.
- Renowned universities
Canada is a home to many renowned universities with years of educational legacy and exemplary alumni. Universities like HEC Montreal or Queen’s University are some of the oldest business schools.
- Opportunities for part-time work
The MBA students in Canada can be employed in a part time job. They can work for 20 hours per week when the classes are in session.
- Opportunity to work post-study
The PGWP or Post Graduation Work Permit was brought into effect in 2003. It allows the students to work in Canada after they have completed their MBA degree program and work for 3 years.
- Development in entrepreneurial skills
An MBA program in Canada arms you with leadership, and budget and diversity management skills. These are vital skills for entrepreneurs.
Top MBA Schools of Canada
The top 10 MBA colleges of Canada are listed below.
1. Rotman School of Management
The Joseph L. Rotman School of Management is Canada’s leading school for MBA. It is situated near Toronto’s financial district and has flexible schedules for your convenience. It helps you meet your learning goals.
Rotman offers full-time MBA programs in:
- Master of Finance
- One-Year Executive MBA
- Global Executive MBA
- Master of Financial Risk Management
- Master of Management Analytics
- Graduate Diploma in Professional Accounting
Fee Structure of Rotman Business School
The fee structure of the Rotman School of Management is as follows.
| Total Academic Fee | 1st Year Academic Fee | 2nd Year Academic Fee | |
| Fee for International Students with Study Permit | CAD $135,730 | CAD $66,210 | CAD $69,520 |
It ranks 26 in the QS Rankings of 2022 and the acceptance rate of Rotman School of Management is 70 percent.
The Rotman School of Management offers multiple scholarships. The amount for the scholarships range from 10,000 CAD to 90,000 CAD. These scholarships are awarded to those students who show exceptional achievements in their academic and professional field.
Placements
The starting salary of Rotman MBA graduates is 100,000 CAD.
2. Queen’s School of Business
The Smith School of Business is the center of Canada’s most credible undergraduate business studies, much commended MBA programs, and various other excellent graduate programs. It is also known as one of the largest and most esteemed schools of executive education.
Queen’s School of Business offers MBA in
- Executive Coaching
- Finance
- Healthcare Management
Fee Structure for MBA in Queen’s University
The fee structure for the 16 months long MBA study program is given as follows.
| Fee for International Students | |
| Upon Acceptance | 2,000 CAD |
| Fall Term | 15,585 CAD |
| Winter Term | 17,586 CAD |
| Summer Term | 17,586 CAD |
| Fall Term | 17,586 CAD |
| Student Activity Fee | 2,330 CAD |
| Total | 72,673 CAD |
The Queen’s University ranks 10th among the Universities in Canada and is acceptance rate is 42 percent.
The Queen’s University offers scholarship of the amount 4,000 CAD to 20,000 CAD for Indian students.
Placement
The graduates of the Smith School of Business go on to become marketing managers or coordinators, project manager, or are in the executive management team. The salary ranges from $43,000-$123,000.
3. Ivey Business School
The Ivey Business School is one of the top most business school in Canada. It has business schools in Canada as well as Hong Kong.
It is credited with starting the country’s first MBA and PhD study program in Business.
Ivey Business School was established in 1922, and the school offers
- MBA
- Executive MBA
- Accelerated MBA
Fee Structure
The fee structure of the MBA program is given as follows.
| School | Ivey |
| Duration | One Year |
| Total Tuition | $120,500 |
| Supplies & Fees* | $5,320 |
| Living Expenses** | $22,500 |
| Program Cost Sub-Total | $148,320 |
The acceptance rate of the Ivey Business School is approximately 8 percent.
The scholarship in the business school range from $10,000 to $65,000. There are no specific criteria for the scholarship but every students applying for Ivey Business School need to fill the section of scholarships in the online MBA application for admission.
Placements
Renowned companies like Amazon, Apple, BMW, and many others recruit from the business school of Ivey.
4. McGill University
McGill University is located in Montreal and ranks among the most prestigious universities of Canada. It attracts thousands of foreign national students from more than 150 countries per year.
It has the most number of PhD students than any research university in Canada.
The University MBA programs in
- Master of Management in Analytics
- Master of Management in Finance
- Master of Management in Retailing
- Master of Management in Global Manufacturing and Supply
Fee Structure for the MBA Program
The fee structure of the MBA program at McGill University is given as follows.
| Fee structure | Amount in CAD |
| Tuition | 21,006 CAD – 56,544 CAD |
| Books & Supplies | 1,000 CAD |
| Ancillary Fees | 1,747 CAD – 4,695 CAD |
| Health Insurance | 1,047 CAD |
| Total Cost | 24,800 CAD – 63,286 CAD |
The McGill University ranks 27 globally and is among the top 3 universities of Canada. Its acceptance rate is 46. 3 percent.
The MBA full-time scholarships can range from 2000 CAD to 20,000 CAD. The scholarships are awarded to students with academic merit.
Placements
The graduates of the McGill University were employed by Walmart, Christian Dior, Deloitte, KPMG, and the like.
5. Schulich School of Business
The Schulich MBA will arm you with the required knowledge and skills for leadership you need to have an edge. The MBA program offers specialization in seventeen areas of management functions, special business issues, and various sectors of industry.
The MBA programs offered by this school are:
- MBA
- Executive MBA
- Master in Business Analytics
- Masters in Finance
- Post-MBA Diploma in Advanced Management
Fee Structure at Schulich School of Business
The fees of the MBA program at Schulich School of Business is given as follows:
| MBA program | Fees |
| International Students per term | 26,730 CAD |
| Estimated Program Total | 106,900 CAD |
The acceptance rate of Schulich School is 25-30 percent.
This business school offers scholarships of the amount 20,000 CAD to 40,000 CAD to meritorious students.
Placements
A degree of MBA in York University opens up a wide range of avenues for you. The alumni have been job opportunities by the most renowned companies like Deloitte, Amazon, P&G, IBM, Canadian Imperial Bank of Commerce, and the like. More than 140 companies have hired MBA or International MBA students from Schulich.
The average salary the graduates receive from this business is approximately 68,625 USD per year.
6. Sauder School of Business
The Sauder School of Business is a center for learning, teaching, and research. It has been ranked in the best MBA schools in Canada. The sixteen month full-time MBA has one of the most culturally diverse campus in Canada.
The programs offered in Sauder School of Business are
- MBA
- Professional MBA
- International MBA
The average fee is 90,057 CAD
Fee structure of Sauder School of Business
The fee structure of the above mentioned business school is given as follows.
| Fee structure | Amount in CAD |
| Professional MBA Tuition | 90,057 CAD |
| Student Fees | 2,600 CAD |
| MBA Student Building fee | 1,600 CAD |
| Textbooks, course fees, supplies | 3,000 CAD |
| International Student Medical Insurance | 500 CAD |
| Estimated Subtotal | 97,757 CAD |
The acceptance rate of Sauder School of Business is 6 percent. It ranks quite high in the QS rankings of Canada and globally placed in the 2nd and 5th position, respectively.
The scholarships offered by the business school ranges from $2,500 to $10,000.
Placements
The MBA study program in British Columbia is designed to enable students for employment in the private or public sector of managerial professions. The graduates are employed at Nestle, Amazon, TD, RBC, Telus, BMO, CIBC, Avigilon, Lululemon, Labatt, and the like.
The recurrent job titles after graduation from UBS includes:
- Senior Manager in Strategy
- Senior Manager in Value Creation Services
- Project Manager
- Retail Solutions Manager
- Management Consultant
7. Alberta School of Business
The Alberta School of Business offers one of the best MBA program from skilled instructors. The skills and experiential learning in this business school makes you stand out of your peers.
The programs offered by Alberta School of Business are:
- MBA
- Executive MBA
- MBA in Financial Management
- Masters of Accounting
Fee Structure of Alberta School of Business
The fee structure of Alberta School of Business is given as follows:
| Fee structure | Costs involved |
| Tuition & Fees 1 | 4,676.55 CAD |
| Books & Materials | 500 CAD – 800 CAD |
| Campus Accommodation | 500 CAD – 1500 CAD /month |
| Food/Living Expenses | 300 CAD /month |
| Transit Pass | 153 CAD (U-Pass) |
| Total | 42,500 CAD – 65,000 CAD |
The Alberta School of Business ranks 7 in Canada in the QS Rankings and its acceptance rate are 51 percent.
8. John Molson School of Business
The business school of John Molson helps its students develop business leaders for the next generation. The MBA program of John Molson offers flexible schedule so that they give their best while being taught by experienced instructors.
The programs offered in John Molson School of Business are
- Full time and part time MBA
- Executive MBA
- MBA in Investment Management
The average fees is 47, 900 CAD
According to the QS Rankings, John Molson ranked among the top 3 in Canada and the acceptance rate is 40 percent.
9. HEC Montreal
HEC Montreal was established in 1907 and is considered the first management school of Canada. The school offers MBA in
- MBA
- Executive MBA
- MBA in Financial Services and Insurance
The average fees for doing MBA in HEC Montreal is 54,000-59,000 CAD
It ranks 3rd in Canada according to the QS Ranking and 38 percent.
HEC Montreal offers a scholarship to students who perform well academically, who need financial aid, and to international students.
Placements
The graduates of HEC Montreal are employed in the best companies. McKinsey, Deloitte, Morgan Stanley, and KPMG are some companies that hire from this university.
The MBA graduates have an average salary of 99,121 CAD.
10. Dalhousie University
The unique MBA programs in the Dalhousie University offer options when it comes to development in career.
The programs are characterized by well-acclaimed instructors delivering relevant, practical, and experiential learning that can be applied to your job on a day-to-day basis.
The Dalhousie University offers MBA programs in
- Corporate Residency MBA
- MBA Financial Services
- MBA Leadership
Fee Structure of Dalhousie University
The fee structure for the MBA program at Dalhousie University is as follows.
| Program | Fees |
| M.B.A Financial Services | 13, 645 CAD |
| M.B.A Leadership | 13, 645 CAD |
| MBA | MBA |
According to the QS ranking, the Dalhousie University has a ranking of and its acceptance rate is 60-70 percent.
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Other Top Colleges for MBA in Canada
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Top 5 MBA colleges in Canada
Courses
| MBA - Finance | MBA - Business Analytics | Others |
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