The business world encompasses a whole range of exciting roles. Every role in an organisation contributes to growth, development, or management. But how can one become capable enough to attain a global career opportunity? By gaining academic knowledge and skills to develop a broad understanding of business and specific areas, such as finance, human resources, etc. For this, one can pursue a business management course from countries like the US, UK, Canada, etc. But as you are here, you must be planning to study a business management course in Canada. After completion, the business management courses in Canada can help you earn a yearly average salary of CAD 83,150/ INR 50,41,768 as a business manager.
Therefore, you are right to consider this country and course to build an impeccable career. Another reason to consider masters in business management Canada after graduation is that you can get internships at big companies.
Let’s explore the best business management colleges, admission requirements, career opportunities, etc.
Overview of Business Management Courses in Canada
Bachelors or masters in business management Canada is consistently a popular choice among international students. Why should one pursue a business management course in Canada? It helps you develop fundamental management skills, become an entrepreneur, increase your capability, etc. Along with this, there are other reasons to pursue business management in Canada.
- World-class faculty
- Thoughtfully carved-out programs
- Students from all over the world
- A welcoming environment
- Promise of a lucrative career
- Amazing scholarship opportunities, and more.
Let’s check the key features of business management in Canada.
|
Course |
Business Management |
|
Duration |
9 months to 4 years |
|
Fees |
CAD 19,000-56,000/ INR 11,52,057-33,95,538 a year |
|
Requirements |
GRE/GMAT scores (different for each university) Statement of Purpose Letters of Recommendation Scores of standardised tests for Canada IELTS: 6.5 TOEFL: 83 PTE: 61 |
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Now you know in brief about the business management course in Canada, let’s explore the top specialisations to begin this course.
Business Management Courses in Canada
Which business course is best in Canada? There are several course options for pursuing business management masters in Canada. These include bachelor's, diplomas, PGs, and masters in business management in Canada.
The specialisations in business courses in Canada include:
- Bachelor of Commerce
- Master of Business Administration
- Professional Master of Business Administration
- International Master of Business Administration
- Master of Management
- Master of Business Analytics
- Master of Science in Business Administration
- PhD in Business Administration
- Diploma in Accounting Program
- Diploma in Marketing & Sales Management
- Certificate Management
- Certificate Indigenous Business Management
- Diploma Management: General
- Professional Development Certificate in Collaboration and Productivity
- MSc in Economics
- Diploma in Business Management
- Diploma in Global Business Management
- Bachelors in Business Management
- MSc in Management
- Diploma in Business Management
- Diploma in Global Business Management
- Bachelors in Business Management
- MSc in Management
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Now you know the best business management courses in Canada, Next, let’s check the top business management colleges in Canada and business management universities in Canada.
Best Colleges in Canada for Business Management
With five universities in the Top 100 world ratings, there is no dearth of good schools in the North American country of Canada. Below are some of the best universities to pursue business management courses in Canada after 12th.
- University of Toronto
- University of British Columbia
- McGill University
- Western University
- Université de Montréal
1. University of Toronto
You can gain robust business training and enhance your leadership skills to accelerate your career at the University of Toronto.
|
QS Ranking 2023 |
34 |
|
Type |
Full-time |
|
Duration |
13 months |
|
Courses offered |
One-Year Executive MBA |
|
Fees Yearly |
CAD 116,542/ INR 70,66,479 |
2. University of British Columbia
The business management programs combine theory with practical application, emphasising business fundamentals and critical thinking at the University of British Columbia.
|
QS Ranking 2023 |
47 |
|
Type |
Full-time |
|
Duration |
9 months to 4 years |
|
Courses offered |
Bachelor of Commerce Master of Business Administration Professional Master of Business Administration International Master of Business Administration Master of Management Master of Business Analytics Master of Science in Business Administration PhD in Business Administration Diploma in Accounting Program Diploma in Marketing & Sales Management |
|
Fees Yearly |
CAD 16,273-CAD 67,972/ INR 9,86,707-41,21,456 |
3. McGill University
Business programs are designed by McGill University to give a competitive edge to the students to thrive in the complex economic environment.
|
QS Ranking 2023 |
31 |
|
Type |
Full-time |
|
Duration |
12-16 months |
|
Courses offered |
Certificate Management Certificate Indigenous Business Management Diploma Management: General Professional Development Certificate in Collaboration and Productivity |
|
Fees Yearly |
CAD 57,465/ INR 34,84,368 |
4. Western University
Here, you can graduate with two degrees in business management in a period of five years by opting for the combined degree program.
|
QS Ranking 2023 |
172 |
|
Type |
Full-time |
|
Duration |
12 to 15 months |
|
Courses offered |
DAN Management & Organisational Studies Ivey Business Administration |
|
Fees Yearly |
CAD 50,000/ INR 30,31,731 |
5. Université de Montréal
This university’s business management program provides research training oriented primarily on economic policy issues. Let’s check the other key factors to pursuing business management masters in Canada.
|
QS Ranking 2023 |
116 |
|
Type |
Full-time |
|
Duration |
2 years |
|
Courses Offered |
MSc in Economics |
|
Fees Yearly |
CAD 12,000/ INR 7,27,615 |
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Next, let’s explore the eligibility and admission requirements for applying to a business management course in Canadian universities.
Eligibility and Admissions Requirements for Business Management in Canada
Following are the requirements to study business courses in Canada at the best colleges for business management in Canada.
|
University Names |
Requirements |
|
Humber College |
High-school graduation Strong background in mathematics and statistics TOEFL: 80 IELTS: 6.0 |
|
Centennial College |
An undergraduate and or diploma degree in management Minimum 2 years of work experience TOEFL: 80 IELTS: 6.0 |
|
Toronto School of Management |
Completion of grade 12th TOEFL: 65 IELTS: 5.5 |
|
Fleming College |
An undergraduate degree Work experience in business management TOEFL: 88 IELTS: 6.5 |
|
Conestoga College |
Degree equivalent to Ontario Secondary School Diploma with minimum 65% Knowledge of mathematics and English TOEFL: 80 IELTS: 6.0 |
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Now you know the business management course in Canada requirements. Next, let’s check out the document requirements.
Documents Needed to Study Business Management in Canada
Those looking for business management undergraduate courses in Canada, as well as a diploma, need to complete 10+2 from a recognised board. This has to be within the minimum marks specified by the particular university. For masters in business management in Canada and PG diplomas, a bachelor’s degree is compulsory.
Other document requirements for business management courses in Canada for international students are:
- GRE/GMAT scores (different for each university)
- Statement of Purpose
- Letters of Recommendation
- English Proficiency in IELTS or TOEFL exam
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Next, let’s go through the cost of studying bachelors or masters in business management Canada.
Cost of Studying Business Management in Canada
If you are looking to pursue business management courses in Canada, then be prepared to spend between CAD 6,300 and CAD 55,000 or up to INR Rs 32.7 lakh. Besides this, there are other factors that can influence this estimated cost like:
- Housing Rent
- Tuition Fee
- Food and Beverage
- Local Travel
- Personal Expenses
- Private Loans
- Utility Bills
- Communication
- Accomodation Location
Please note that the business management courses in Canada for international students fees range from CAD 19,000 to CAD 56,000/ INR 11,52,057 to 33,95,538 a year. Therefore, if a student wishes to reduce their financial burden, they can apply for the top scholarships in Canada.
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Let’s explore a few top scholarships!
Scholarships for Business Management Colleges in Canada
Studying in Canada is relatively easy in your pocket. Getting admission to the best colleges in Canada for business management won’t set you back by a huge amount. Still, there are several scholarships that you can choose to apply to.
Here are some of the scholarships for business management courses in Canada for international students:
|
Scholarship |
Coverage |
|
Education Future International Scholarship |
CAD 3,232 - 16,164/ INR 1,95,971 - 9,80,098 |
|
Conestoga College International Degree Entrance Scholarships |
Up to CAD 1,900/ INR 1,15,205 |
|
Ambedkar Overseas Vidya Nidhi Scholarships For SC |
CAD 16,164/ INR 9,80,098 grant |
|
NTR Videshi Vidyadharana Overseas Scholarship |
CAD 16,164/ INR 9,80,098 grant |
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After completing a business management course in Canada, the international students can explore the following job opportunities.
Career Opportunities after Completing Business Management in Canada
The average salary for someone who completes their business management courses in Canada after 12th is CAD 60,000/ INR 36,38,007 a year. The job roles that one can work on after bachelors or masters in business management Canada include:
- Actuarial Analyst
- Corporate Investment Banker
- Business Adviser
- Arbitrator
- Business Development Manager
- Data analyst
- Management Consultant
- Forensic Accountant
Further listed below are some prominent career options with their average salaries:
|
Job title |
Estimated Annual Salary (in CAD/ INR) |
|
Management Consultant |
96,457/ INR 58,48,633 |
|
Business Analyst |
83,855/ INR 50,84,516 |
|
Supply Chain Manager |
80,357/ INR 48,72,416 |
|
Business Manager |
67,523/ INR 40,94,231 |
|
Marketing Manager |
64,844/ INR 39,31,791 |
|
Sales Manager |
62,801/ INR 38,07,914 |
|
Account Manager |
58,765/ INR 35,63,193 |
|
Office Manager |
51,700/ INR 31,34,809 |
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The inviting nature of the locals and the specialised courses are a big draw for international students to Canada. The highly-rated colleges with pocket-friendly tuition fees and a high standard of living make this North American country a much sought-after education destination.
If you wish to know more about business management or any other course in Canada, subscribe to Yocket premium. Our counsellors will not only provide detailed information on your dream course but also make your study abroad journey easier than ever!
Frequently Asked Questions on Masters in Business Management Canada
Ques. Why study Business Management in Canada?
Ans. One can pick from several colleges when pursuing business management courses. Not only are they easier on the pocket, compared to other big countries, but they are also specially catered.
Ques. Which are the best Business Management in Canada colleges?
Ans. While there are several good-rated colleges, five of them feature in the Top 100 universities in the world. They are the University of Toronto, University of British Columbia, McGill University, Western University, and Université de Montréal.
Ques. What is the salary for a Business Management in Canada graduate?
Ans. The average salary of a business management graduate in Canada is CAD 60,000/ INR 36,38,007 a year. But one can earn as much as CAD 96,457/ INR 58,48,633 a year.
Ques. What are the requirements for doing Business Management courses in Canada?
Ans. One needs to have completed 10+2 from a recognised board. Apart from this, scores of standardised tests for Canada are required (IELTS: 6.5, TOEFL: 83, PTE: 61), GRE/GMAT scores (different for each university), a statement of purpose, and letters of recommendation.
Ques. What is the average cost of living in Canada for international students?
Ans. The average cost of living in Canada is between CAD 7,000 to 20,000/ INR 4,24,442 to 12,12,692, depending on the international student’s living standards, accommodation place, personal expenses, etc.