Pursuing an MBA from an international university allows students to develop the much-needed global outlook that helps them work with various MNCs when they launch their careers. Canada is one of the popular countries to pursue business management studies. So, let’s understand why you must choose Canada as your destination to pursue MBA, the top universities and other interesting information.

Key Highlights:

• Benefits of pursuing an MBA in Canada
• Top MBA universities in Canada
• MBA in Canada requirements
• Cost of MBA in Canada for Indian students
• Types of MBA in Canada

Benefits of pursuing an MBA in Canada

• According to a recent survey, 25% of the participants selected Canada as their preferred study abroad destination. Reputed universities offer a world-class education with several areas of specialisation, including MBA courses in Canada.
• Student-friendly student visa policy is another reason that attracts a huge student body to Canada. You can opt for Post-Graduation Work Permit in Canada. This permit will let you live in Canada to explore work opportunities for up to 3 years post-completion of your studies.
• Besides, you will like the warm and welcoming environment in Canada. Students find Canada to be a safe place to stay and study.
• The large Indian diaspora in Canada is another factor that attracts Indian students. With so many reasons to study in Canada, it is one of the best study destinations to pursue an MBA.

Top MBA universities in Canada

Sr. No.	Name of the university	Quacquarelli Symonds (QS) World University Rankings 2023	Times Higher Education (THE) World University Ranking 2023
1	University of Toronto	1	1
2	University of British Columbia	2	2
3	McGill University	3	3
4	Université de Montréal	5	5
5	Western University	4	10
6	University of Alberta	6	6
7	Queen’s University	7	12
8	McMaster University	13	4
9	York University	8	17
10	University of Ottawa	14	7

MBA in Canada requirements

• Once you complete a bachelor’s degree, you can apply to business schools in Canada.
• You have to clear any of the following English proficiency tests:
• Test of English as a Foreign Language (TOEFL)
• International English Language Testing System (IELTS)
• Pearson Test of English (PTE)
• Duolingo English Test (DET)
• It is also necessary to appear for any of the following entrance exams:
• Graduate Record Examinations (GRE) for all graduate programs, including MBA
• Graduate Management Admission Test (GMAT) is exclusively for management studies
• Ensure you meet the basic GPA/percentage requirement of your chosen university
• Work experience will earn you some brownie points too

Cost of MBA in Canada for Indian students
The cost of MBA in Canada will vary depending on the university you select. The annual tuition fees will be approximately USD 30,000 – USD 40,000, i.e., ~INR 24,00,000 to INR 32,00,000. You also have to consider other expenses when studying in Canada, such as travel, accommodation, food etc. The cost of living in Canada will be ~CAD 9,000 to CAD 15,000, i.e., ~INR 5,52,000 to ~INR 9,20,000.

Types of MBA in Canada

• Full-time MBA: Depending on the varsity, the duration will range between 1-3 years. You will get to access a wide range of learning methods, including guest lectures, seminars, insightful sessions mentored by business experts etc. Some popular specialisations are MBA in Human Resources, STEM MBA, and MBA in Finance in Canada.
• Part-time MBA: If working professionals intend to earn an MBA degree while continuing with their work, they can pursue MBA courses.
• Executive MBA in Canada: Executive courses are designed for working professionals looking forward to climbing the corporate ladder by upgrading their managerial skills.

Whether you plan to pursue a full-time, part-time or executive MBA, it holds great value in Canada. So, you will benefit by pursuing your career in Canada after completing your studies.
If you have resolved to study MBA in Canada, this is the perfect time. Don’t let financial obstacles stop you from achieving your academic aspirations. You can opt for an education loan for Canada to study business management programs. An education loan for study abroad programs is a fantastic way to finance your higher education independently. If you want more information, please connect with us. We will be glad to assist you.