Top 5 MBA Colleges & Universities in Canada for 2024
Starting an MBA program in Canada guarantees outstanding university education. This program, which lasts two years, provides a thorough understanding of important business ideas. The advantages are substantial since Canadian colleges have strong corporate relationships, which open up fantastic employment opportunities for graduates. In addition, Canada’s standing as a friendly and safe travel destination guarantees a rewarding and interesting academic experience.
MBA Programs in Canada are known globally for their quality education, and they draw students from all over the world. The usual study areas include a variety of business subjects such as finance, marketing, strategy and leadership skills. Many people who complete their MBA degree from Canadian universities find themselves ready to face international business difficulties and can have successful careers in different industries.
Why Study MBA in Canada?
For international students, pursuing an MBA in Canada has advantages. You are exposed to the international business scene. Enrolling in one of Canada’s top MBA programs will provide you extensive exposure.
- Worldwide exposure: Were you aware? Well-known figures from the public eye, such as Margaret Atwood and Elon Musk, have studied in Canada! Several of Canada’s top MBA schools allow you the chance to present your knowledge on a worldwide scale.
- Leading universities: There are roughly forty-five MBA-granting institutions in Canada. Among the best universities in Canada for MBA programs are five of these institutions. Thus, excellent education is guaranteed by Canada’s best MBA schools.
- Post-study work opportunity: Post the completion of your education from one of the best MBA colleges in Canada, students are eligible for a post-study work permit of at least two years. This helps students cover their investments and explore their professional opportunities.
5 Best MBA Colleges in Canada for 2024
MBA is one of the most gratifying and competitive degrees available today. High profits are guaranteed by an MBA from one of Canada’s best MBA schools. In a similar vein, these are Canada’s best business schools that grant excellent MBAs:
- Schulich School (York University)
- Rotman School Of Management (University of Toronto)
- Sauder School Of Business (University of British Columbia)
- Desautels McGill University
- Smith Queen’s University
Schulich School of Business (York University)
Want to get a glimpse of one of the best business programs in the world? The Schulich School of Business should be an ideal choice if you want to be among the elite in the business world. Rated as one of the top MBA programs in Canada by the esteemed Forbes, Economist, CNN, and other publications. Following their graduation, 89% of graduates landed desirable jobs here.
University Type: Public
QS World University MBA Ranking 2024: 67
Fees: CAD 106,900 or INR 6,67,000
Requirements:
- An undergraduate degree from a recognized post-secondary institution with a minimum B average in the last two full years (or equivalent) of academic work.
- GMAT scores
- IELTS (overall 7) or TOEFL (100 iBT)
- 2 years of minimum relevant work experience
- Online application (2 written essays, 1 timed written essay, 2 videos)
- Resume
- 2 Letters of Recommendation (LORs)
Rotman School of Management (University of Toronto)
The Rotman School of Management is a prestigious business institution within the University of Toronto. As a top-tier MBA institution in Canada, it attracts a significant population of Indian students due to their large presence in Toronto. Additionally, the excellent employment prospects for graduates of Rotman College further enhance its allure as a prime study destination.
University Type: Public
QS World University MBA Ranking 2024: 48
Fees: CAD 131,120 or INR 8,00,000
Requirements:
- An appropriate bachelor’s degree, or its equivalent, with a final year average of at least mid-B from a recognized university.
- A minimum GPA of 3.0
- GMAT or GRE score
- 2 years of relevant work experience
- Letters of Recommendation (LORs)
- Essay and video submission
- IELTS 7 overall or TOEFL iBT 100
- Interview
Sauder School of Business (University of British Columbia)
One of the greatest business programs in Canada is the MBA in Business offered by UBC. Because of the plethora of options available to students upon graduation, this is regarded as one of the top MBA programs in Canada for students from India.
University Type: Public
QS World University MBA Ranking 2024: 80
Fees: CAD 90,060 or INR 5,50,000
Requirements:
- Three or four-year Bachelor’s degree with a B+ average, or recognized equivalent from an accredited institution
- Minimum 550 GMAT score
- 155 GRE score on both the verbal and quantitative sections
- IELTS — 7 overall or TOEFL iBT — 100
- 3–5 years of work experience
- 2 Letters of Recommendation (LORs)
Desautels McGill University
The MBA program offered by McGill University is considered to be one of the best in Canada. This public-funded MBA program in Canada also offers 8–10 weeks of internship opportunities to students, which in turn allows students to attain crucial pragmatic training in the real, advancing market.
University Type: Public
QS World University MBA Ranking 2024: 77
Fees: CAD 32,000 or INR 1,80,000
Requirements:
- 2 years minimum work experience
- 2 Letters Of Recommendations
- 2 Official transcripts
- GMAT/GRE Score
- IELTS (7 overall) or TOEFL iBT 100
- Interview (By invitation)
- 3 Essay questions to be answered
Smith School of Business (Queen’s University)
The Smith School of Business encourages career-driven business studies and leadership. This university is among the finest because it gives students the freedom to choose their own career paths and ensures that they have access to chances and exposure that choose their professional goals best.
University Type: Public
QS World University MBA Ranking 2022: 72
Fees: CAD 102,100 or INR 6,24,000
Requirements:
- Resume
- Application form
- Transcripts
- GMAT or GRE
- IELTS (7 overall) or TOEFL iBT 100
- Cover letter
- 2 Letters of Recommendation (LORs)
- 2 Video questions
- 1 written response
- Personal interview
Conclusion
After exploring the various MBA colleges in Canada, get expert academic counselling from Admissify! Our team of seasoned experts excel in offering tailor-made advice, all at no cost! Team Admissify offers holistic advice- right fro, university shortlistings to visa filing.
FAQs
Is Canada good for pursuing an MBA degree?
Absolutely. Canadian universities are not only backed by QS ranking but also real-life student testimonials. Thus, Canada is a good option for Indian students who wish to pursue an MBA
Is IELTS mandatory to study MBA in Canada?
Yes. IELTS is an important prerequisite for students who wish to study in Canada because of the country’s diverse lingual culture. Asic comprehension of the English language is a must when applying to universities in Canada.
