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Masters In Canada: Tuition Fee, Living Expenses, Student Visa & More

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Canada is home to some of the top universities in the world that have been ranking high in the QS World University Rankings year-on-year. Accredited course curriculum, world-renowned tutors, advanced teaching methodologies, live projects, internships, networking and placement opportunities draws international students to pursue MS in Canada. Gaining a comprehensive understanding on the costs that entail in pursuing Masters courses in Canada will help you set the right foot forward to your journey of studying abroad. This blog will be your guide in costs to pursue Masters in Canada for Indian students. 

Table Of Contents

Top Factors That Determine Cost Of Studying Masters In Canada

As an international student, checking on the MS in Canada fees for the course of your choice is the first natural action to take. But apart from the tuition fee at a Canadian university, there are several other costs involved. Masters in Canada cost is broadly divided into the following categories.

  • Tuition Fee
  • Living expenses
  • Other Essential Costs
  • Pre-Arrival & Post-Arrival Costs 

Study masters in Canada

Let’s discuss each in detail.

Cost of Studying MS In Canada

Most of the Masters courses in Canada charge tuition fee per semester/term. Some of the universities have a per year fee structure. It varies based on the course, specialization and Canadian university you choose to study in. We have detailed five top universities in Canada for Masters and the average tuition fee in the table below.

University

QS World University Ranking 2023

Average Tuition fee for Masters Courses

University of Toronto

34

8,810 CAD/5,32,254 INR-74,110.28 CAD/ 44,77,359 INR per annum

McGill University

31

9,577.35 CAD/5,78,613 INR-11,138,89 CAD/6,72,95,412 INR per annum

University of British Columbia

47

10,071 CAD/6,08,437 INR-60,224.34 CAD/36,38,443 INR per annum

University of Alberta 

110

8,546.28 CAD/5,16,322 INR -8,874 CAD/5,36,121 INR per annum

McMaster University 

152

6,000 CAD/3,62,489 INR-21,395.24 CAD/12,92,590 INR per term

Pro Tip: You can check for scholarships for Masters in Canada on the official website of the Canadian university you want to study at. Apply for the scholarship for Masters in Canada that you are eligible for. This will help in reducing your tuition fee.   

Top Universities for Masters in Canada

Living Expenses To Study Masters Degree In Canada

Living expenses incurred during your course of stay to pursue your Masters degree in Canada contributes to a large portion of your total expenses. Housing is a major component of the living expenses while you are in Canada. So, choose your stay wisely. The rental is based on the type of accommodation and the city you are in. Universities in Canada for Masters also provide housing for international students. You can pick the accommodation that is comfortable for you. We have detailed the cost factors involved in Masters in Canada for Indian students in the table below. 

Factors

Average Monthly Cost

Accommodation

400 CAD/24,500 INR-600 CAD/36,700 INR

Food & Grocery

200 CAD/12,053 INR-300 CAD/18,000 INR

Transportation

100 CAD/6,000 INR-250 CAD/15,000 INR

Internet

30 CAD/1,800 INR-50 CAD/3,000 INR

Miscellaneous

600 CAD/36,200 INR-700 CAD/42,200 INR

Other Essential Costs Of Studying Masters In Canada

1 year masters programs in Canada for international students and 2 year masters programs in Canada for international students involve a few essential costs. They are explained in detail below.

Student visa fee

Fees to be paid to apply for a student visa in Canada from India is 150 CAD/9,170 INR. In addition, fee for biometric stands at 85 CAD/ 5,200 INR.

Application fee

As an international student, when you submit your student application to study Masters in Canada you must pay an application fee. Each university decides the application fee based on the course. You can check the exact application fee for your course on the official website of the Canadian university. It is a one-time cost and it can range anywhere between 45 CAD/2,750 INR-200 CAD/12,220 INR.

Overseas student health cover 

For international students to pursue masters program in Canada, it is mandatory to have a health insurance cover. Some of the states in Canada provide free health insurance cover for international students for their course of stay. So, you will first have to check the state that your university falls in. Next, check the official Government website to find out if the Canadian Government covers insurance for international students. If it doesn’t, you must get a health insurance cover before you apply for your Canadian student visa. On an average the health insurance premium will cost anywhere between 600 CAD/36,700 INR-900 CAD/ 54,950 INR per annum. This is included in the cost for MS in Canada for Indian students. 

Proof of funds

It is mandatory for international students to present the proof of funds to the Immigration officials while submitting the application for student visa. When you choose to study MS in Canada, you must have sufficient funds to cover your tuition fee, living expenses and other additional costs. In the table below, we have detailed the amounts for which proof of funds must be submitted. Please note that additional proof of funds are required if any family members will accompany you to Canada as dependents during your course of study. 

Region

Funds required for one year

Funds required for one month

Outside Quebec

10,000 CAD/6,10,990 INR

833 CAD/50,900 INR

Inside Quebec

Less than 18 years of age: 6,569 CAD/4,01,400 INR

18+ age: 13,134 CAD/8,02,476 INR

Less than 18 years of age: 547 CAD/33,421 INR

18+ age: 1,095 CAD/66,900 INR

Pre-Arrival & Post-Arrival Costs Of Pursuing MS In Canada

There are two types of costs involved while studying MIM in Canada for Canada universities for MS. It is divided as pre-arrival and post-arrival costs. They are explained extensively below.

Entrance exams

As an international student, if English is not your native language you must pass the English Language Test. In addition to this, your University might require you to undergo any other entrance exams based on the masters in Canada course you choose. The minimum score acceptable varies by the course you want to study and the university. It is pre-decided by the university and the exact minimum scores accepted are mentioned on the official website of the university. In the table below, we have detailed the widely accepted entrance exams and the costs associated with each of them.

Test

Registration fee

Total number of free scorecards

Cost per additional scorecard

IELTS

15,500 INR

5

1,500 INR

TOEFL

15,475 INR /190 USD

4

1,629 INR/20 USD

GMAT

22,400 INR/275 USD

5

2,850 INR/35 USD

GRE

GRE General Test & GRE Home Test: 17,350 INR/213 USD

GRE Subject Test: 12,200 INR/150 USD

4

2,444 INR/30 USD

CAEL

16,400 INR /268CAD+ tax

5

1,630 INR

Entrance exam for Canada

Air tickets

The cost of air tickets from India to Canada depends on several factors. They are the boarding city, destination city, flight you choose, date of booking, date of boarding and the flight class for which you book the ticket. It costs between 1,00,000 INR-2,00,00 INR.

Medical test

The Immigration Department of the Government of Canada has listed specific physicians for student visa applications to undergo medical examination. The cost of the medical tests required must be paid in advance. The costs depend on the type of tests required and the location.

Post-arrival

Tuition fee

Most of the universities in Canada for masters require international students to pay the first year tuition fees in advance. In case your university accepts partial payments or requires you to pay fee for books, stationery, etc after you reach Canada, you may do so.

Cost of masters in Canada

Cost of living

In addition to the factors discussed in living expenses section above, we have detailed the types of accommodation and their corresponding costs in the table below. You can refer this to plan your expenses while studying MIM in Canada.

Type of Accommodation 

Cost per month

Dormitory

350 CAD/21,370 INR-600 CAD/36,640 INR

Townhouse

250 CAD/15,300 INR-650 CAD/39,700 INR

Shared apartment

400 CAD/24,400 INR-800 CAD/48,850 INR

Unfurnished apartment

300 CAD/18,300 INR-500 CAD/30,500 INR

Living cost in Canada

Wrapping Up

Getting to know the costs and getting your finances in place is the first step in beginning your application process. The costs mentioned in this blog gives you a fair idea of the amount of funds you need to have in place in order to study Masters in Canada. After you complete your course, you can also look out for job opportunities after Masters in Canada. If you have chosen the course you want to study but are yet to decide on the Canada universities for MS, or, you need help in choosing the right course specialization to meet your educational goals, you can always reach out to our Yocket counsellors

Frequently Asked Questions About Masters In Canada Cost

Ques: How much does it cost to do Masters in Canada?

Ans: The exact cost of pursuing 1 year masters programs in Canada and two-year programs depends on the course, university, city you live in and the standard of living you adopt. The approximate total cost to do MS in Canada as an Indian student is 32,69,800 INR.

Ques: Which are the best Canada colleges for MS?

Ans: Apart from the colleges mentioned above, Queen’s University, University of Ottawa and University of Calgary are some of the best Canadian universities to pursue Masters.

Ques: Is the tuition fee high to study Masters in Canada for international students?

Ans: The tuition fee ranges between 6,000 CAD/3,62,489 INR-74,110.28 CAD/ 44,77,359 INR per annum for MS courses in Canada. You can get to know the exact tuition fee for the course you want to study and the intake from the official website of the Canadian university. You can avail scholarships to reduce your tuition fee.

Ques: Is it easy to get work permit after Masters in Canada?

Ans: You can get jobs in Canada after you complete your Masters or even while you are pursuing the final term. After you graduate, you can apply for a Post-graduation work permit (PGWP) while you are still in Canada. You are eligible to apply for PGWP within 180 days of graduation for a maximum period of 3 years.

Ques: Is it difficult to get jobs after Masters in Canada?

Ans: If you build your professional network while you are studying and apply for jobs in your final term of Masters, you can quickly secure a job in Canada. The country is a land of opportunities for international students. You can also look to convert your internship into a full-time job opportunity.

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