Top Universities for Master’s in International Business in Canada

Studying for a master's in international business is becoming popular and courses are available at many universities across Canada. The best universities for MSc in international business are:

1. Western University
2. University of Alberta
3. Queen’s University
4. Carleton University
5. York University
6. University of Victoria

So, these are some of the top universities in Canada for masters in international business. Let's get in detail.

1.Western University

MSc in International Business course presents various managerial challenges faced by businesses operating internationally and applies numerous analytical perspectives to describe these challenges. International students will be engrossed in some of the most socially and internationally diverse classes at Ivey (Ivey's Master of Science in Management), learning how to direct the complexities of the business world through case-based learning.

QS World Ranking 2022	170
Type of University	Public
Popular Course	MSc International Business
Duration	16 months
Tuition Fee	September 2022 & January 2023 Intakes: 72,000.00 CAD full course fee.

2.University of Alberta

The MBA at Alberta university is a two-year degree program wherein the 1st year starts with course orientation, a core curriculum, and a summer internship. While in the 2nd year, international students get the opportunity to modify the MBA program as per their professional goals and interests by selecting electives of their choice or participating in an international exchange program.

QS World Ranking 2022	126
Type of University	Public
Popular Course	MBA in International Business
Duration	20 months (full time)
Tuition Fee	28,281 CAD/Year

3.Queen’s University

Master of International Business at Queen's University is available in single- and double-degree options. The Single Degree Option allows international students to cover the program in 12 months, including one semester at one of the university's international business school exchange partners. In comparison, the double degree allows getting a second Master's degree from one of the international business school partners while in the program. Regardless of which option a student chooses, they will spend a substantial portion of the program on the campus and with one of our international business school partners.

QS World Ranking 2022	240
Type of University	Public
Popular Course	MSc International Business
Duration	12 months (full time)
Tuition Fee	Single Degree: 54,950 CAD (Total Fee) Double Degree: 84,625 CAD (Total Fee)

4.Carleton University

The Sprott School of Business offers an MBA International Business program. It covers a cross-section of business disciplines to give international students a basis of integrated knowledge. Students can choose one specialty option from Financial Management, International Business, Business Analytics, International Development Management, and Management and Change.

QS World University Ranking 2022	601-650
Type of University	Public
Popular Course	MBA International Business
Duration	16 months
Tuition Fee	34,373 CAD/Year

5.York University

It is a specific MBA program in international business for students who want to start a career in international business. The MBA program is offered full-time, part-time and students may shift between full-time and part-time status as the need arises during their degree.

QS World University Ranking 2022	494
Type of University	Public
Popular Course	MBA International Business
Duration	16 to 20 months program
Tuition Fee	53,460 CAD/Year

6.University of Victoria

The UVic Master of Global Business program is a 12–16-month program, including a global internship, that takes students to 3 countries (North America, Europe, and South America or Asia),depending on route choice, and is an entirely exclusive experience. International students will spend about three months in each country rolling through three modules: Global Business Opportunities, Global Business Fundamentals, and Global Business in Action.

QS World University Ranking 2022	334
Type of University	Public
Popular Course	Master of Global Business
Duration	1 year 16 months (full time)
Tuition Fee	36,994 CAD/Year

Program Structure and Curriculum for Master’s in International Business Canada

For master’s in international business, students will be immersed in an integrated set of core courses introducing strategic business concepts. Within each course, students will get the learning required at the appropriate time. The core subjects of this academic course make it appropriate for studying as well as working abroad.

Let’s look at some of the master’s business courses:

• International Finance
• International Study Tour
• Global Business Environment
• International Marketing
• Measuring and Assessing National Economies
• Managing International Enterprises
• Strategic Supply Chain Management

Eligibility Criteria & University Requirements for MSc in International Business in Canada

Before taking admission to top universities for masters in international business, students are required to look over the eligibility criteria and university requirements for MSc in international business.

1. Bachelor’s Degree
2. English Language Proficiency Test
3. Canadian Study Permit
4. Additional Requirements

Let’s discuss in detail about these requirements:

1. Bachelor’s Degree

For admission to a master's in international business in Canada, international students should have a UG degree with a strong academic record and a minimum required score of 78%. The bachelor's degree must have these subjects: international business, accounting, finance, marketing & organizational behaviour, & human resource management.

2. English Language Proficiency Test

International students whose home language is not English are required to submit English proficiency test scores. It includes a TOEFL score of 100 or IELTS 7.0, 5.5 on each band and PTE minimum score of 68.

3. Canadian Study Permit

International students interested in taking admission for masters in international business are required to apply for a Canada study permit. Applications for study permits will be accepted once a student receives an admission acceptance letter from a university.

Documents Required for Master’s in International Business in Canada

There are some additional documents required for applying MSc in international business Canada for international students:

• Two- three professional LOR
• Official transcripts
• Statement of Purpose
• Video essay component
• Updated Resume
• Cover letter
• GMAT/GRE minimum requirement 600 (optional)

Admission Process for Master’s in International Business Canada

Studying international business permits international students to understand how globalization has brought an increasing 'connectedness' of companies, people, markets, and information across countries. The following admission process is:

1. As an international student, you will begin by selecting the university for a master's in international business and then proceed with the online application available on the respective university websites.
2. The following process is to submit the academic transcripts like UG degree and other additional documents required by the specific university.
3. After submitting the additional documents and the English language proficiency test score, wait for the admission result.
4. Once an application is accepted, you will get an email regarding admission confirmation. You are required to revert within the allotted timeline and pay the tuition fee.
5. After completing all the official admission formalities, now apply for a Canada study permit and, once received, plan your journey to Canada.

Cost of Studying Master’s in International Business

When an international student plans to study abroad, one of the most important aspects is the cost of studying. So, to give an estimate, we have mentioned below the average tuition fee for masters in international business and the cost of living in Canada.

Tuition Fee

The Master's in International Business program gives international students an understanding of the diverse business management practices found worldwide. The cost of pursuing a master's in Canada can range from 1,075 – 65,000 CAD/Year. Moreover, various scholarships are also available for MSc in international business that students can go through and ease their study expenses.

Cost of Living

As an international student, you can find on-campus accommodation in Canadian universities. In general, the cost of living on campus ranges between 8,000 to 10,000 CAD per year, and if you are going to live- off campus, then the rent may cost high. In addition, the average monthly cost for food and other expenses may cost around 200 – 600 CAD per month.

Difference between MBA in International Business and Master’s in International Business

The following difference between the master's degree in international business and an MBA in international business are: 

MBA in International Business	Master’s in International Business
MBA emphasizes more on the practical features of business management.	Masters in International business focus more on the theoretical part.
The number of credits desired to earn an MBA degree varies by program. The length of the program will also depend on whether you attend full- or part-time, but it will usually be able to finish in 2 years.	The degree programs in MSc will usually require around 30 credits and can take anywhere from 1-2 years to complete, depending on the particular program.
During an MBA program, students will be required to take core business classes that might cover accounting, leadership concepts and skills, strategic marketing, ethics in business, and economics.	The coursework for an MS in the international business program will focus on studying different business topics and concepts within an international framework.
To take admission in an MBA program with this specialization, students need to have some professional experience.	In a master's in international business, experience is not mandatory.

Scholarships for Master’s in International Business in Canada

There are only a few universities in Canada offering scholarships to international students pursuing masters in international business in Canada. The following scholarships available are:

Scholarship Name	Eligibility & Amount Granted
HEC Montreal Entrance Scholarship	It is an entrance scholarship awarded to international students pursuing the degree. Amount Granted: 2000- 4000 CAD
UWO Scholarship	Entrance scholarships available for international students applying for the program. Amount Awarded Varies
Queen’s University Entrance Scholarship	Entrance scholarships for international students who are planning to pursue masters in international business at Queen’s university. Amount Granted: 2050 CAD/per term

Career Opportunities in Canada after MSc in International Business

There are various job options available that a student can choose according to their interest and skills. The following job options are:

Job Designation	Average Annual Salary
Global Product Manager	122,344 CAD
External Auditor	121,000 CAD
Supply Chain Manager	80303 CAD
Market Analyst	68,250 CAD

Masters in International business is the subject of choice for all those students who care about making globalization virtuous by working in government, business, the community/NGOs, or who choose to run their businesses. So, if you're passionate about running your own business, doing a master's in international business will help you grow and explore other important factors required to develop. You can also connect with our Yocket professionals and plan your voyage to study MSc in international business in Canada.