Canada is one of the mainstream education destinations that is immensely popular among international students for various reasons. Did you know that according to a recent study, 8,00,000+ international students were studying in Canada in 2022? If you are planning to study in Canada, here are some incredible benefits and other interesting information. So, let’s dive in!

Key Highlights

• Why choose Canada for higher studies?
• Canadian universities for masters
• Eligibility criteria to pursue master’s in Canada for Indian students
• How much does it cost to study in Canada?

Why choose Canada for higher studies?

• World-class education

Canadian universities offer a perfect amalgamation of theoretical and practical knowledge. Also, you can access a plethora of research opportunities as Canadian universities offer several research-oriented study programs. You will be amazed to know that 5 Canadian universities are among the top 120 educational institutions listed on Quacquarelli Symonds (QS) World University Rankings, 2023. Whereas, according to Times Higher Education (THE) World University Rankings 2023, 6 Canadian universities are among the top 120 varsities.

• Why Canada is best for study, you ask? Student-friendly visa policies

You can expedite the student visa procedure by applying to Student Direct Stream (SDS), a program specially designed to quicken the application process. Through this stream, the applications are processed within 20 calendar days. Also, as per the latest update, till December 23, you can work more than 20 hours per week off campus while continuing with your study program.

• Quality of life

Did you know Canada is highly ranked for its standard of living? According to US News and World Report, 2022, Canada is the 3rd best country for its quality of life. You will be part of a warm and welcoming population and enjoy equal rights as other citizens.

• Work opportunities

Canada is an economic powerhouse that can open a new dimension of employment opportunities for international students. Furthermore, you can opt for a Post-graduation work permit (PGWP) to work in Canada post-completion of your course. So, depending on your study program, your PGWP will be valid for 8 months to 3 years.

Eligibility criteria to pursue master’s in Canada for Indian students

• To pursue a master’s degree, you need to first complete a bachelor’s degree
• Please check the minimum Grade Point Average (GPA) your preferred university requires.
• If you are pursuing business management studies, you need to appear for Graduate Management Admission Test (GMAT)
• Graduate Record Examination (GRE) is for all graduate programs, including MBA
• In addition to entrance exams such as GRE and GMAT, you also have to appear for the English proficiency test. English language exams such as the Test of English as a Foreign Language (TOEFL) and the International English Language Testing System (IELTS) are accepted in Canada.

Note: Please check university-specific requirements before applying your chosen varieties.

How much does it cost to study in Canada?

A Master’s degree will cost you around CAD 2,500 to CAD 20,000, i.e., ~INR 1,50,610 to ~INR 12,04,000 per year. However, this will vary depending on the course selection and university. The other living cost will be around CAD 600 to CAD 800, i.e., ~INR 36,000 to ~INR 48,200 per year.

Please remember you have to consider various costs such as tuition fees, accommodation costs, travelling costs, living expenses, the cost of learning devices, etc. Therefore, ensure you carry out thorough research to ascertain the cost of education to be ready with the required funds to study abroad.

At Avanse Financial Services, we offer an education loan for study abroad programs that cover the holistic cost of education, including tuition fees and all education-related costs. If you want to turn your dream of studying abroad into a reality, you can opt for a student loan to fund your education independently. If you need more information, please connect with us today.