Commerce Courses in Canada: All You Need to Know About Pursuing Commerce In Canada Image
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Commerce Courses in Canada: All You Need to Know About Pursuing Commerce In Canada

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Yocket Editorial Team
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Pursuing Commerce Courses in Canada will help you in getting the knowledge on the fundamental principles of a well-rounded and a solid foundation in the field of business management. The commerce programs may deal with the learnings of strategic management concepts in a range of business disciplines including planning, organizing, leading and evaluating. The programs emphasize areas such as human resource, finance, operations, and marketing.

This is the most sought after program by candidates after science in Canada. The average salary of a bcom graduate in Canada is around 45,201 CAD that can go upto 141,691 CAD on experience. Thus, if you are planning to study commerce in Canada, this blog will help you in getting all the necessary information about the courses to make it to the best colleges in Canada for commerce.

Table of Contents

  1. Why Study Commerce in Canada?
  2. Course Overview for Commerce in Canada
  3. Top Commerce Specializations in Canada
  4. Best Universities in Canada for Marketing
  5. Eligibility Criteria and Requirements for Commerce Courses in Canada
  6. Documents Required for Courses after 12th Commerce in Canada
  7. Cost of studying Commerce in Canada
  8. Career Opportunities in Canada after Commerce Courses
  9. Frequently Asked Questions about Commerce in Canada


Why Study Commerce in Canada?

Before we talk about the overview of the commerce courses, let's first find out why studying a commerce course in Canada after 12th is beneficial for you as an international student.

  • High Quality Education: Getting degrees, certificates and diplomas from Canadian universities are considered as equivalent to the degrees of US. The variety of commerce courses in Canada is vast, with everything from marketing to accounting and finance.

  • Top Ranked Universities: Canada is the home of world's best universities and the universities serve as the symbol of trust and excellence among the international students. It is worth mentioning that around 28 universities of Canada are ranked among the QS World University Rankings 2022.

  • Work Permit: The best reason for you to study in Canada is their opportunities to work while studying. If you are pursuing masters in commerce in Canada, you have the option to work anywhere in Canada for at least 20 hours per week while studying and staying in Canada.

Suggested: Guide to studying in Canada after 12th


Course Overview for Commerce in Canada

Commerce Courses in Canada are offered by Canadian colleges and universities under different levels of study: bachelor, masters and diploma. Below we have curated a list of different types of commerce degree programs in Canada that are offered across a range of disciplines.

Diploma

  • Diploma in Commerce and Business Administration
  • Diploma in Marketing
  • Diploma in Business - International Commerce & Import / Export
  • Diploma in Commerce & Business Studies
  • Diploma in Accounting - Commerce
  • Diploma in Human Resource - Commerce

Bachelor

  • B.Com Business and Computer Science
  • B.Com Human Resource Management
  • B.Com Finance
  • B.Com Accounting - After Degree
  • B.Com Entrepreneurship and Innovation
  • B.Com Business
  • B.Com Logistics and Supply Chain Management
  • B.Com Management Economics and Finance

Masters

  • MCom in Human Resource Management
  • MCom in Accounting
  • MCom Finance
  • MCom Accounting - After Degree
  • MCom Entrepreneurship and Innovation
  • MCom Business
  • MCom Logistics and Supply Chain Management

Now that we know about the different types of commerce degree and specializations in Canada, let's understand about some of the best courses for commerce students in Canada.

Recommended: Best Business Schools in Canada


Top Commerce Specializations in Canada
 

The Commerce degree program in Canada are offered by different colleges and universities at different levels of study under a range of specializations. The Management courses are considered as the best for commerce students in Canada. Some of the best bachelor of commerce programs in Canada are

  • Management
  • Accounting
  • Finance
  • Human Resource Management
  • Marketing


Management Courses in Canada 

The management degree explores the role of commerce in our modern society while developing confidence and skills in analysis, effective communication and decision making. It balances a solid understanding of business and modern society along with a command on business disciplines such as accounting, finance and economics.


Accounting Courses in Canada

Accounting program at the universities of Canada will introduce you with the basic of accounting like simple organisation and accounting methods, and specialised training in taxation and auditing. This course will help you in gaining sophisticated accounting software and accounting systems. Business Law, statistics, financial planning and ethics, tax and forensic accounting are some of the topics includes in the program.


Finance Courses in Canada 

These courses focuses on business and administration finance, accounting finance, that will prepare students for a multitude of roles. This program will prepare the students to counsel the clients on financial decisions such as investment, retirement planning, estate planning and many more. Courses like taxation and risk management provides a thorough understanding of the factors affecting the financial planning.


Human Resource Management Courses in Canada

The Human Resource Management program will introduce you with the small case environments and its courses makes extensive use of case studies, simulations, and project based learning that will prepare you for real workspace situations. The program deals with topics such as management accounting, staffing organisation, labour and employment law, strategic compensation, training and development etc.


Marketing Courses in Canada

This program will prepare you to become a marketing professional that carries out a broad range of marketing functions within the business and not for profit organizations. It will cover marketing management along with related subjects such as brand management, project management, digital marketing, marketing services, integrated marketing communication, and international marketing strategy. This will develop a solid understanding of domestic and international marketing issues.


Best Universities in Canada for Commerce Courses

Apart from the world class infrastructure and quality of education, Canada is well known for its reputed universities and colleges as well as the academic curriculum they provide. There are different types of commerce colleges in Canada that offer a range of commerce courses in a range of specializations. Here we have a list of Canada commerce colleges that you can look upto for studying.

  1. University of Toronto
  2. The University of British Columbia
  3. University of Alberta
  4. University of Calgary
  5. University of Manitoba

Let us discuss the best colleges in Canada for commerce students one by one in detail.


University of Toronto

The university provides admissions to a bachelor of commerce in Canada that is the combination of economics and various sub-disciplines of business and management that enables students to develop analytical skills and gain knowledge of the institutions. Accounting, finance, marketing are some of the specialization programs offered at the university.

Type of Institution

Public

QS World University Rankings 2022

26

Annual Average Fees

58,160 CAD

Programs Offered

  • B.Com in Accounting
  • BA Honours in Commerce
  • B.Com in Economics
  • B.Com in Finance and Economics
  • Masters in Accounting and Finance


The University of British Columbia

The commerce programs at UBC will provide you with a solid foundation about the basics of business and management skills that you will need to thrive in any career you choose. This course will sharpen your skills in problem solving, critical thinking, organizations and leadership. This diverse range of course offerings and specialization courses allows you to tailor the degree to your interests and career aspirations.

Type of Institution

Public

QS World University Rankings 2022

46

Annual Average Fees

41,156 CAD

Programs Offered

  • B.Com in Accounting
  • B.Com in Business Technology Management
  • B.Com in Entrepreneurship
  • B.Com in Global Supply Chain and Logistics Management
  • B.Com in Marketing


University of Alberta

The University of Alberta offers admissions to one of the largest BCom programs in Canada, along with five different types of degree programs, 16 majors and various opportunities for specializations and work experience, including student clubs, business incubators, case competitions, study abroad programs and many more.

Type of Institution

Public

QS World University Rankings 2022

126

Annual Average Fees

35,700 CAD

Programs Offered

  • BCom in Accounting
  • BCom in Business Economics and Law
  • BCom in Business Studies
  • BCom in Business Technology Management
  • BCom in Entrepreneurship and Innovation
  • BCom in Human Resource Management


University of Calgary

The University of Calgary has been ranked amongst the world's top universities that offers a diverse educational and research experience to students with their top undergraduate and graduate degree programs. The Bachelor of degree program can prepare you for graduate studies or another professional degree such as law, medicine, education or veterinary medicine etc.

Type of Institution

Public

QS World University Rankings 2022

235

Annual Average Fees

26,406 CAD

Programs Offered

  • BCom in Business Analytics
  • BCom in Business Technology Management
  • BCom in Energy and Professional Land Management
  • BCom in Entrepreneurship and Innovation
  • BCom in Finance
  • BCom in International Business Strategy
  • BCom in Operations Management


University of Manitoba

The Commerce degree program offered at University of Manitoba offers a broad based general business education and the opportunity to specialize in either one or two major. Students are required to complete their 120 credit hours to get the commerce degree at the university. Finance, accounting, generalist, entrepreneurship or small business, human resource management etc are some of the specialization offered here.

Type of Institution

Public

QS World University Rankings 2022

601-650

Annual Average Fees

22,100 CAD

Programs Offered

  • BCom in Finance
  • BCom in Generalist
  • BCom in Human Resources Management/Industrial Relations
  • BCom in Indigenous Business Studies
  • BCom in International Business
  • BCom in Actuarial Mathematics (Business)


Eligibility Criteria and Requirements for Commerce Courses in Canada

As we know that there are a wide range of commerce courses offered at different levels of study. The eligibility criteria and requirements of all of them varies in terms of the degree level. Some of the common requirements that must be followed are

  • Educational Qualifications
  • Language Requirements
  • Additional Test Scores
  • Study Permit

Let's discuss about each one of the requirements in detail


Educational Qualifications
 

To pursue a bachelor degree in commerce in Canada, you must have a higher secondary certificate or a 10+2 degree from a recognised institution. For masters in commerce in Canada, you must have a recognised bachelor in commerce or related field. Most of the Canadian universities accept students with a GPA score of 3.0 or higher in the last qualifying exam.


Language Requirements

If you are applying as an international student and come from a non-English speaking country, you are required to submit proof of English language proficiency to study anywhere in Canada. To do so, you can appear in language tests such as IELTS or TOEFL. The minimum test scores ar


Additional Test Scores

Apart from the language tests, it is also mandatory in universities to submit some entrance test scores as a part of the application process. The test scores accepted at the universities and colleges are in terms of SAT, ACT, GMAT or GRE. However, presently these scores are not mandatory but submitting it in the application will stay you ahead in the competition.


Study Permit

A valid copy of your passport and a visa are a must for all international students who are planning to study commerce courses in Canada after 12th. Do make sure you may apply for the study permit at least 3 months prior to the date of traveling in Canada.


Documents Required for Courses after 12th Commerce in Canada

In order to study at the commerce colleges in Canada, you are needed to submit some documents at the application. They are

  • Translated Transcripts
  • Letter of recommendation
  • Statement of Purpose
  • Portfolio
  • ELP Test scores
  • Passport size photograph
  • CV or Resume
  • Proof of Financial Resources

Now that you know about the requirements, let's talk about the studying costs of commerce degree in Canada.


Cost of Studying Commerce in Canada

The cost of studying commerce courses in Canada for international students depends on the number of factors. Broadly speaking, the overall cost of studying a commerce degree is divided into two different categories: tuition fees and the living costs.


Tuition Fees

On an average, the average tuition fees for studying commerce courses in Canada should range anywhere between 8,000 CAD to 33,000 CAD per year. However, the average tuition fees of the courses here in terms of the program and from one university to another.


Living Costs

Apart from the tuition fees of commerce courses in Canada, as an international student you need to spend a lot of money on your living too. The living costs may depend upon your type of lifestyle and the preference. On an average, you have to spend between 925 CAD to 1,625 CAD in your living. This will include all your basic amenities such as foods, stationary, housing etc.

Suggested: Estimated cost of living in Canada for international students


Career Opportunities in Canada after Commerce Courses

A Commerce Graduates earns a very good salary in Canada. Students after completing graduation in commerce can expect anywhere between 35,000 CAD to 56,000 CAD per year in Canada. However, your salary may depend upon your specializations and the job roles. After a couple of years, you can expect a rise in your income drastically and can reach upto 72,00 CAD per year.

As an accountant in Canada, you can earn between 40,000 CAD to 72,000 CAD, whereas the average salary of an investment banker can reach upto 82,196 CAD. Apart from this, some of the job roles of a candidate after the completion of commerce courses in Canada are given below

Job Profile

Average Annual Salary

Financial Analyst

58,421 CAD

Accountant

50,769 CAD

Marketing Coordinator

46,098 CAD

Marketing Manager

62,963 CAD

Project Manager

73,642 CAD

Financial Controller

84,593 CAD

The best part about studying commerce courses in Canada after graduation is that you can be assured of learning from the top marketing experts in your field. You will also have the opportunity to learn from some of the best universities of Canada. This means that you will have a lot of scope and career opportunities in future.


Frequently Asked Questions about Commerce in Canada

Ques. Is Canada good for Commerce students?

Ans. Canada is a popular study abroad destination for international students and lucrative options for any career choice for them. Various specializations and courses in Canada for international students that international students choose from at Canadian colleges and universities are accounting, finance, marketing, human resource etc.

Ques. What is the best masters courses in Canada for commerce students?

Ans. Apart from MCom in Canada, there are different types of courses for commerce students in Canada such as MBA, MS under different specializations.

Ques. How long is BCom and MCom in Canada?

Ans. The bachelor of commerce in Canada lasts for four years and generally includes two years of foundational and elective followed by two years of intensive business courses. Whereas the length of Masters in Commerce in Canada is 1.5 to 2 years.

Ques. How much is the tuition fees for pursuing MCom in Canada?

Ans. The average tuition fees for pursuing Masters of Commerce in Canada is between 15,000 CAD to 27,000 CAD per year.

Ques. What are the best courses for commerce students in Canada?

Ans. Some of the best courses after 12th commerce in Canada are

  • BBA in Marketing
  • BBA in HR Management
  • Bachelors in Digital Media
  • BBA in Supply Chain Management
  • BA LLB
  • Bachelor of Hotel Management
  • Bachelors in Fashion Designing

Ques. What is the highest paying job in Commerce?

Ans. Here is the list of top five highest paying jobs of Commerce Graduates

  • Chartered Accountant
  • Investment Banker
  • Chartered Financial Analyst
  • Certified Public Accountant
  • Cost Accountant
  • Professional Accountant
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