Top universities for MBA in Canada 2024!

Introduction to top universities for MBA in Canada 

In this day and age, specialization is the key to success. Rather than being the jack of all trades and master of none, it is better to focus on one area of study and then pursue it seriously. Having a professional degree proves to the corporate world that you have the skills and capability to perform well in the respective field. Students around the globe travel abroad to countries like the USA and Canada to pursue professional MBA programs. Canadian universities are known for their high standard of education. Over time, it has earned itself a name in providing students with quality professional education and is home to some of the top  MBA colleges in Canada. Offering MBA courses in a professional yet comfortable manner, Canada is where you want to be if you want a quality MBA degree.

Best universities in Canada for MBA!

Many large, well-reputed organizations seek graduates with an MBA degree for leadership positions. Millions of professionals around the globe are pursuing this option, aiming to bolster their careers. Since it is difficult to choose a business school from the many options available, we have decided to compile a list of the best universities for MBA in Canada.

1. Sauder School of Business, University of British Columbia

Affiliated with various universities abroad, Sauder is widely known for its reputation for excellence in research. Easily one of the top universities for MBA in Canada, Sauder connects its students with its large alumni base. Famous for its business research, the tuition fee for the program is $98,341 CAD. Combine this with other expenses, such as food, accommodation, study materials, etc., and your total approximate cost of doing a full-time MBA at the Sauder School of Business will amount to $160,000 CAD.

2. Rotman School of Management, University of Toronto

With total academic fees of $136,410 CAD for international students, the University of Toronto offers the knowledge, confidence, and agility you need for transforming your future. Rotman offers both full-time and part-time MBA programs, as well as morning and evening shifts, to facilitate students. There’s also a one-year executive MBA course you can take up. The average boarding cost at Rotman is between $8,000 to $14,000 per year.

3. Desautels Faculty of Management, Mcgill University

In addition to a full-time and part-time MBA, Desautels also provides a bilingual EMBA. The faculty boasts of 6 Nobel Prize winners. The university provides students a unique experience by mixing practical experience with innovative research. The university charges total annual fees of $83,500 for Canadian students and $102,500 for international students. The additional expenses will round up your expenses by about $24,195 CAD.

4. HEC Montréal, Université de Montréal

Injecting new possibilities and skills in its students, HEC Montreal provides an MBA program that is a springboard for the future. With quality faculty and a teaching program designed to enhance your knowledge and expanding your networks, the university encourages its students to take up business ventures of their own. The university charges $59,100 for its full-time MBA program.

5. Ivey Business School, London, Ontario

Established in 1948, Ivey Business School’s 12-month MBA program is modeled on the Harvard Business School MBA. The university’s full-time MBA program is currently ranked 1st in Bloomberg for student satisfaction, making it the highest-ranked Canadian business school. The university has an annual tuition fee of $83,250 for Canadian students while international students have to pay $126,600.

6. Smith School of Business, Queen’s University

An incomparable and transformational learning experience, Queens provides its students with outstanding business education. The team-based model learning program is designed to produce exceptional leaders, valuable team members, and highly effective managers. Nurturing its students in accordance with the team building models of today, the program ensures that qualities valued by top employers like teamwork and hard work are instilled in the students. The program charges domestic students $83,795 and international students $105,100. To compensate for their expenses, Smith has made sure that more than 95% of their students receive an offer for an average salary of $127,681 within 3 months of graduation.

7. Alberta School of Business, University of Alberta

By designing a 20-month program that is challenging, inspiring, and learning, the Alberta School of Business hones the skills of the students to react adequately to strategic and organizational issues a company faces. Equipping the students with the knowledge needed for shining in a professional environment, the university boasts about being one of the top universities for MBA in Canada.

8. Schulich School of Business, York University

Providing a 16-month program that offers professional courses, Schulich is renowned for integrating processes and general management functions. Fast-tracking your career to the corporate world, Schulich instills strong management and a diverse skill set, helping you gain a strong international perspective. The program charges $18,083 per semester from Canadian students and $29,464 per semester from international students (tuition fees). To compensate for their expenses, Schulich has made sure that more than 89% of their students receive an offer for an average salary of $93,100 within 3 months of graduation.

9. Haskayne School of Business, University of Calgary

The Haskayne School of Business, University of Calgary aims to transform Canada’s business landscape. The school offers 6 different types of MBA programs, including a Daytime and an Evening MBA course, along with an Accelerated MBA, a combined MBA, and an Executive MBA program. Students can choose from 8 different specializations and are also given international opportunities. Haskayne makes sure to enable students to become leaders by offering them an immersive experience in management. It charges $51,777 for international students joining in the fall or spring.

10. Conrad School of Entrepreneurship and Business, University of Waterloo

The Conrad School offers a unique MBA course in Masters of Business, Entrepreneurship, and Technology. It boasts of teaching students outside of the classroom through practical experience and hands-on learning at the Waterloo entrepreneurship community. The program is offered both full-time and part-time and is designed for bright, ambitious, and curious team players. It is ideal for those who wish to become entrepreneurs. The tuition for a full-time MBA at Conrad is approximately $67,941 CAD for international students.

11. John Molson School of Business, Concordia University

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With classes offered in the mornings, afternoons, and evenings, this university provides you the option of completing the program on a full-time or part-time basis. You can choose your specialization and area of interest and learn and gain from outside the classroom at Concordia as well. The MBA program costs $15,600 to Canadian citizens, and $47,900 to international students per semester and it is one of the best MBA programs in Canada for international students

12. DeGroote School of Business, McMaster University

One of the top universities for MBA in Canada, DeGroote, McMaster University accepts students from all kinds of backgrounds. Like Science, Engineering, Social Science, Humanities, and several other fields. The school believes that everyone has a potential waiting to be unlocked. The DeGroot school offers a full-time MBA course, an Accelerated MBA, and even an Executive MBA to prospective students from all over the world. Students also have the opportunity to do summer internships and work at companies in a foreign land. The fee for a full-time MBA course at DeGroote is $111,300 CAD.

Which university should I choose?

To find out, first decide which course type you’re interested in. Do you want to study business research or would you prefer to get an internship instead? Once you know that, you can pick a program of your choice. But while doing so, make sure you’re eligible to apply for it.

Once you have decided which program you’re going to apply for, it’s time to prepare for the standard tests. At the same time, I suggest you start collating all the documents you’ll need for your application.

Key takeaways

• Pursuing an MBA from a Canadian university provides a strong foothold in the world of finance and business management.
• Sauder School of Business, HEC Montreal, Ivey Business School, and Conrad School of Entrepreneurship offer some of the top MBA programs in Canada.
• Understanding whether you lean towards a research-oriented or hands-on experience driven program will help you make an informed decision about the university you choose to attend.
• Ensure you meet the program’s eligibility criteria before applying to your desired university.

If you have any questions or would like further assistance, do not hesitate to reach out to us. We’d be very happy to help!

All the best!

Liked this blog? Read more: Exploring the 8 best MBA scholarships for Indian students!

FAQs

Q1) What’s the minimum GPA required for admission to MBA programs in Canada?

Answer: While the GPA requirement differs according to the university and the particular course, universities generally prefer GPA 7 and above.

Q2) Does an MBA need a GRE or GMAT?

Answer: To pursue MBA in Canada or otherwise, you need to give the GMAT.

Q3) Does MBA in Canada need work experience as a prerequisite?

Answer: Yes, an MBA in Canada requires a minimum of 2 years of work experience. However, some universities may waive off the condition, especially if the profile is well-rounded otherwise.