Top Universities to Study MBA in Canada
Canada offers a diverse range of top universities for MBA studies, including institutions ranked among the top 50 by World University Rankings.
Here are 10 top universities in Canada known for their MBA programs:
- Rotman School of Management, University of Toronto
- Ivey Business School, Western University
- Schulich School of Business, York University
- Sauder School of Business, University of British Columbia
- Desautels Faculty of Management, McGill University
- Queen's School of Business, Queen's University
- HEC Montréal
- Smith School of Business, Queen's University
- Telfer School of Management, University of Ottawa
- Ted Rogers School of Management, Ryerson University
Eligibility Criteria to Pursue MBA in Canada
Unlike other top destinations, Canadian universities are liberal when it comes to eligibility criteria for International students. The eligibility criteria for pursuing an MBA in Canada can vary among universities and programs, but there are some standard requirements.
- UG Bachelor's Degree: International applicants need a four-year undergraduate degree or equivalent from a recognized institution. Some programs may accept three-year degrees with additional qualifications.
- Work Experience: Many MBA programs prefer candidates with work experience ranging from 1 to 5 years. However, some also admit recent graduates.
- GMAT/GRE Scores: Most universities require GMAT or GRE scores, although some may waive this requirement based on work experience or other factors.
- English Language Proficiency: International students must often provide TOEFL or IELTS scores
- Letters of Recommendation: Applicants may be asked for reference letters and a statement of purpose
- Student Interview: A few programs require interviews as part of the admission process. It is mandatory for international students to attend student interviews prior to admissions as a means to analyze student capabilities and other facets required to attend the university.
- Application Materials: Each university may have specific application materials and deadlines, so checking the requirements for the program you are interested in is essential
Types of MBA in Canada
In Canada, you can pursue various types of MBA programs, including:
Full-Time MBA: A traditional two-year program offering a comprehensive business education with internships and networking opportunities. Full-time MBA programs typically take 1-2 years and require full-time attention to prepare students for the Canadian job market with a diverse skill set.
Part-Time or Evening MBA: Designed for working professionals, allowing them to balance work and studies, typically taking longer to complete. Part-time MBA programs are designed for working professionals who pursue their degrees alongside their jobs. These programs usually last 3-6 years, and classes are often held in the evenings or on weekends.
Executive MBA (EMBA): Tailored for senior executives with extensive work experience, focusing on leadership and management skills through weekend or modular classes, often completed in 1-2 years. EMBA courses combine theoretical learning with practical corporate experience, emphasizing developing leadership skills and promoting personal growth.
IMBA: IMBA programs last between 20-28 months and provide global exposure, collaboration with industry leaders, and a diverse network. They equip students with practical management knowledge and open doors to international career opportunities.
MBA Admission in Canada 2023 – 2024
MBA admissions in Canada have already commenced for the year 2024. The primary intake is fall, which falls in September, and another popular intake is in January, the winter when most International students apply for universities for master’s programs.
- Application deadlines for the September intake are usually between January and February. Experts recommend applying at least 6-8 months before the deadlines.
- The application process usually takes 3-4 months. Students applying for the winter intake in January or February are advised to use it in April or May 2023.
- To get into a top university, you need a good GMAT score. This can increase your chances of selection and open up opportunities for scholarships. You also need a good IELTS or TOEFL score.
- International students must craft a compelling SOP outlining their goals, experiences, and why they're a suitable candidate.
- Letters of Recommendation: Students must produce strong letters of recommendation from academic or professional references.
- VISA Interviews: Prepare for interviews, as some schools may require them as part of the admission process.
MBA Admission in Canada 2023 – 2024
- Canada Graduate Scholarships - Master's Program (CGS-M): Offers funding for Canadian citizens and permanent residents pursuing an MBA at the master's level.
- Ontario Graduate Scholarship (OGS): Provides financial support to domestic and international students studying in Ontario, including MBA candidates.
- Vanier Canada Graduate Scholarships: A prestigious award for doctoral-level studies, but some MBA programs may also be eligible.
- Canada-ASEAN Scholarships and Educational Exchanges for Development (SEED): Available to students from ASEAN countries pursuing MBA programs in Canada.