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Cheapest MBA Colleges in Canada: Cheapest MBA in Canada for International Students

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Yocket Editorial Team
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Pursuing an MBA in Canada is a dream for many, but not all manage to turn it into reality. One of the prime reasons why students step back from studying abroad is the lack of enough financial resources. But the good news here is there are some of the cheapest MBA colleges in Canada. There are many options to pursue the cheapest MBA in Canada while experiencing this beautiful country on a budget. Renowned universities like Memorial University of Newfoundland, Laval University, University of Calgary, etc. offer some cheapest MBA programs in Canada. In this blog, we cover a list of MBA colleges in Canada with low fees and different programs offered to give a clear idea of the cheapest MBA in Canada for international students.

Table of Contents:

  1. Top 8 Cheapest MBA Colleges in Canada
  2. Frequently Asked Questions for Cheapest MBA Colleges in Canada

 

Top 8 Cheapest MBA Colleges in Canada

The cost of an MBA in Canada varies depending on the duration, nature, structure, and popularity of the program. Furthermore, since a few provinces are French-speaking, the location and language of instruction have an impact on the costs charged. Although they might be low in terms of cost, the quality and effectiveness of the courses are kept intact. This is what attracts students worldwide to pursue a low-cost MBA in Canada.

Some of the cheap universities in Canada for MBA include:

  1. Memorial University of Newfoundland
  2. University of Victoria
  3. Laval University
  4. University of Calgary
  5. Asper School of Business, University of Manitoba
  6. University of New Burnstick
  7. Wilfrid Laurier University 
  8. Saint Mary’s University

Let us discuss the specifications of each of these universities:

1. Memorial University of Newfoundland

The Memorial University of Newfoundland offers one of the cheapest MBA in Canada for international students. It is the first business faculty in Atlantic Canada to be accredited by AACSB International - the Association to Advance Collegiate Schools of Business. The affordable MBA in Canada from MUN aims to provide fundamental business knowledge and leadership skills to the students to meet their business-related goals. 

QS World University Ranking 2022

751 - 800

Average Fees Per Year

CAD 24,000

Popular Programs

Master of Business Administration (MBA)

MBA in Social Enterprise and Entrepreneurship

 

2. University of Victoria

University of Victoria is one of the best MBA colleges in Canada with low fees. The cheap MBA programs here are offered by the Sardul. S. Gill Graduate School at the Peter B. Gustavson School of Business. It leads the students into new career avenues, such as socially-minded corporate leadership, community building, and entrepreneurship. The University of Victoria MBA graduates are highly sought-after by top recruiters.

QS World University Ranking 2022

334

Average Fees Per Year

CAD 39,330

Popular Programs

Master of Business Administration (MBA)

Juris Doctor + MBA

 

3. Laval University

Laval University is amongst the cheap universities in Canada for MBA. The Faculty of Business Administration (FSA) here is a well-equipped modern business school in Canada. The school has been leading in offering an affordable MBA in Canada since 1924. The Laval MBA achieves a balance between high academic quality and professional relevance by providing close interaction with the business world.   

QS World University Ranking 2022

414

Average Fees Per Year

CAD 16,000

Popular Programs

Full-Time MBA

Executive MBA

Part-Time MBA (MBA Global Business)

Suggested: Complete guide to pursue 1 year MBA course in Canada!

 

4. University of Calgary

University of Calgary is one of the most affordable MBA colleges in Canada. The low cost MBA in Canada for international students here is a highly regarded degree. The curriculum is designed to accommodate professionals seeking to earn a widely recognized credential in the private, not-for-profit and public sector career paths. It offers several ways for students to customize their experience, including internships, specialization, etc.

QS World University Ranking 2022

235

Average Fees Per Year

CAD 26,557

Popular Programs

Full-Time MBA

Executive MBA (Global Energy)

 

5. Asper School of Business, University of Manitoba

The Asper School of Business under University of Manitoba is amongst the cheapest MBA colleges in Canada. It was established in the year 1968 and accredited by AACSB in 1999. The MBA from Aper School of Business maintains a tradition of quality instruction and mentorship in business fundamentals, decision-making methods and leadership strategies. The MBA program here is designed to fulfill the market-driven demands of the modern industry.

QS World University Ranking 2022

601 - 650

Average Fees Per Year

CAD 48,300

Popular Programs

Asper MBA

 

6. University of New Brunswick

The MBA program at the University of New Brunswick aims to develop innovative and entrepreneurial leaders. As a student one can access a number of networking opportunities, business consulting projects, etc. after completion of the course. You may either opt for a full-time or part-time MBA at the University of Brunswick based on your interest and preferences. The knowledgeable faculty members help you grow as a business and management professional.

QS World University Ranking 2022

651 - 700

Average Fees Per Year

CAD 12,850

Popular Programs

MBA Juris Doctor

MBA Sport and Recreation Management

 

7. Wilfrid Laurier University

Wilfrid Laurier University is amongst the cheap business schools in Canada for international students. The objective here is to empower the students with the tools and skills necessary to succeed on the path of their choice. Each of the different programs has been designed around delivering the best student experience possible. All these have made Laurier #1 in terms of student satisfaction for the last four years by Maclean’s Magazine

QS World University Ranking 2022

N/A

Average Fees Per Year

CAD 16,579

Popular Programs

Full-Time MBA

Part-Time MBA

Full-Time + Co-op

 

8. Saint Mary’s University

The MBA program at Saint Mary’s University aims to bring forth responsible leadership while offering unique international and local business experiences. It helps in cultivating your innovative and entrepreneurial mindset through its various modules. These specially-designed immersive MBA programs develop your ability to embrace uncertainty and successfully strive in the market. 

QS World University Ranking 2022

N/A

Average Fees Per Year

CAD 25,000

Popular Programs

Full-Time MBA

Part-Time MBA

Executive MBA

Tuition fee is a dominant factor amongst your expenses while considering the cost of studying in Canada. Low cost MBA program in Canada at top universities not only allow you to learn and explore world-class facilities and amenities, but they also open the way to high-paying jobs in Canada!

 

Frequently Asked Questions for Cheapest MBA Colleges in Canada

 

  1. Is MBA in Canada cheap?

Ans. Pursuing MBA in Canada for international students can be a costly affair. An MBA from the top universities in Canada can cost anywhere between CAD 40,000 to CAD 100,500. But there are certain cheap business schools in Canada for international students where the fees start from as low as CAD 12,000.

 

  1. Is the cheapest MBA in Canada worth it?

Ans. Surely yes! There are some best MBA colleges in Canada with low fees that offer quality education and training to mold the students into leading business professionals.

 

  1. What are the cheapest MBA in Canada for international students?

Ans. Apart from the above-mentioned ones the cheapest business schools in Canada include:

  • University of Alberta
  • Vancouver Island University
  • University of Sherbrooke

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