Master’s in Management in Canada: A Comprehensive Guide

Master’s in Management is a great opportunity for students to advance their career and work with leading organisations. Canada has become a popular destination for Master’s in Management (MiM) students due to its reputed colleges, and excellent employment opportunities after graduation.

Key highlights:

  • Benefits of Pursuing a Master’s in Management in Canada
  • Master’s in Management Courses in Canada - Course Overview
  • Master’s in Management University List in Canada
  • MiM Fees in Canada
  • Career Opportunities After Completing MiM in Canada

Benefits of Pursuing a Master’s in Management in Canada

  • Universities offering MiM programmes in Canada offer plenty of options to students in terms of choosing their desired course to specialise in.
  • Graduates of Master’s in Management from Canadian universities get access to high-paying jobs.
  • Canadian universities are among the top universities for Business and Management courses.
  • Canada’s universities are globally recognised for providing advanced education and research facilities and world-class infrastructure.

in Management Courses in Canada - Course Overview

The Master’s in Management (MiM) is a postgraduate business degree specifically designed for university graduates, particularly those with limited or no prior professional experience. It is a 1 to 1.5-year graduate programme that covers effective business strategies and problem-solving skills for complex challenges. Unlike an MBA, which focuses on developing leadership abilities in experienced professionals, the MiM is uniquely designed for students directly transitioning from their undergraduate studies. It is ideal for students with little or no professional experience, offering ample time to explore and decide on a career path after graduation.

Eligibility Criteria for Master’s in Management in Canada

Admission to MiM courses in Canada requires candidates to fulfil academic criteria, demonstrate language proficiency, and meet any additional requirements specified by the universities.

  • A bachelor’s degree from a recognised university
  • A Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) score (required for admission in certain universities)
  • International English Language Testing System (IELTS), Test of English as a Foreign Language (TOEFL), or Pearson Test of English (PTE) scores are required.
  • Statement of Purpose (SOP)
  • Letters of Recommendation (LOR)
  • Work Experience (Not mandatory)

Top MIM Specialisations in Canada

MiM students in Canada can customise their studies by choosing from a variety of specialisations based on their interests, such as the following:

  • General Business Administration
  • Human Resources Management
  • Accounting and Finance
  • Data Science and Business Analytics
  • Entrepreneurship and Innovation
  • International Business
  • Health Management
  • Marketing and Consumer Studies

List of Master’s in Management Universities in Canada

Here are the top 10 MiM universities in Canada as per the Quacquarelli Symonds (QS) World University Rankings and Times Higher Education (THE) World University Rankings.

  • QS category: QS Business Master’s Rankings 2025: Management (Canada-specific)
  • THE category: World University Rankings by Subject 2025: Business and Economics (Canada-specific)
Sr. No. Universities QS World University Rankings 2025 THE World University Rankings 2025
1 University of British Columbia (UBC Sauder School of Business) 1 2
2 Western University (Ivey Business School) 2 5
3 Université de Montréal (HEC Montréal) 3 3
4 University of Calgary (Haskayne School of Business) 4 11
5 Concordia University (John Molson School of Business) 5 18
6 University of Ottawa (Telfer School of Management) 6 16
7 University of Victoria (Peter B. Gustavson School of Business) 7 20
8 McGill University - 4
9 McMaster University - 8
10 University of Alberta - 6
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Also Read: PGWP Canada Duration Guide 2025

MiM Fees in Canada

The average annual tuition fee for a Master’s in Management in Canada is about CAD 47000 for Indian students, not including additional living costs such as accommodation, food, shopping, and other personal expenses. Here is an estimation of some popular courses for MiM in Canada with fees.

Universities Course Fees (Annually)
British Columbia (Sauder)
  • Master of Management
~ $60,938 CAD
HEC Montréal
  • Master of Management (MSc)-Organisational Development
  • Master of Management (MSc) – Management
  • Master of Management (MSc) – Strategy
~ $33,500 to $37,800 CAD
Haskayne School of Business
  • Master of Management
~ $55,679.22 CAD

Also Read: Business Management Courses in Canada

Career Opportunities After Completing MiM in Canada

An MiM from a Canadian university unlocks diverse career opportunities across industries. Top job roles after completing a master’s in management in Canada include:

  • Business Analyst
  • Marketing Manager
  • Consulting Associate
  • Operations Manager

Pursuing a Master’s in Management courses in Canada offers an exceptional opportunity for students to enhance their skills and boost job prospects. While Canada is a great destination for MiM programmes, tuition and other expenses can still be a barrier.

At Avanse Financial Services, we offer customised study abroad loan designed to cover tuition, living expenses, travel, and more. Our educational loans provide up to 100% financing with easy documentation and flexible repayment options. You can use our educational loan calculator to understand monthly EMIs and plan your finances better. Contact us with all your loan queries and take the step forward to fulfil your academic dreams.

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