Masters in Business Analytics in Canada: Best Universities, Eligibility, Cost, Scholarships, Salary & More

Before applying to a course in masters in business analytics in Canada, make it a point to be thoroughly informed about everything possible, like the top universities, course duration, fee structure, etc. First, let us have a look at the program structure for the various business analytics courses in Canada.

Program Duration

Most universities offer their students a two-year MSc Business Analytics Canada program. Besides, there are various “accelerated MBA” courses that are completed within 18 months. Some universities and colleges even offer a one-year-long course for a master's in business analytics in Canada. It is advised to contact and gain awareness about your favorite college and see how long their course lasts to make the necessary arrangements.

Program Curriculum

Under a master’s in business analytics course in India, your curriculum and subjects depend on the type of degree you go for. MS in business analytics, MSc, MBA, etc, all have different curriculums. The core subjects included in a typical business analytics course include supply chain analytics, data visualization, big data analytics, and programming for analytics. There are several specializations available under this degree as well, including customer analytics, people analytics, etc.

Alternatives for Business Analytics in Canada

A master’s in business analytics is not the one and only way around the field. You can explore several other alternatives. Countries like Canada and the USA hold a postgraduate diploma degree equal to a master’s degree in most cases. Other than that, you can choose your core subject, which differs from an MBA, MS, and other courses.

Suggested: 10 Best MBA Colleges in Canada!

We have summarised the 5 best universities in Canada for a master’s in business analytics degree that will help you ace your course. Find below the colleges with MS in business analytics in Canada ranking, location, courses, their fees/duration, and other information so that you can smartly shortlist where to apply.

• University of Alberta
• York Schulich School of Business
• Carleton University
• Western Ivey Business School
• UBC Sauder School of Business 

1. University of Alberta

The following are the key factors of the University of Alberta.

2.  York Schulich School of Business

Following are the course, fee structure, location, and other features of the York Schulich School of Business.

3.  Carleton University

Following are the course, fee structure, location, and other features of Carleton University.

4.  Western Ivey Business School

Following are the course, fee structure, location, and other features of the Western Ivey Business School.

5.  UBC Sauder School of Business

Following are the MSc in Canada requirements of UBC Business School.

Suggested: Cost of Living in Canada!

If you are on your journey to study a Master's in Business Analytics in Canada, chances are you’ve already started looking at universities. But navigating through countless universities can be overwhelming, no? But fear not! Yocket's University Finder Tool is your compass to discovering the perfect academic destination tailored to your preferences. Say goodbye to information overload and hello to a personalized university search experience.

To apply to the best universities in Canada for a master's in business analytics, you will need to meet these eligibility criteria. Let’s explore them. 

Educational Requirements

You must have completed a preferably 3 to 4 years long bachelor's or undergraduate degree (or equivalent) in a related field with a B+ average (87-89%). Some universities accept only specific undergrad degrees for admission to master's, so ensure you are fully aware.

English Language Proficiency Tests

Canada requires an English Language Proficiency Test like the IELTS or TOEFL that tests the language of international immigrants. The minimum average band score for the IELTS is 7.0, or 100 for the TOEFL. This also varies from university to university. 

Prior Work Experience

Other than these, having prior work experience or practical knowledge of your field adds heavy weight to your student profile. Although not compulsory, prior work experience can really be a great add-on that pushes you towards more chances of acceptance. Exposure to subjects and topics related to fields like calculus, statistics, programming, etc. are excellent assets. 

Other Test Scores

Tests like the GMAT (minimum score of around 550) or GRE (minimum score of 155) must be covered to get admission to a master's course in business analytics in Canada. This score is again flexible from university to university.

Suggested: Study Master in Canada

The following are documents required for an MS in business analytics in Canada.

• Academic transcripts as demanded by your course and university
  
  
• English language proficiency test scores
  
  
• GMAT/GRE test scores
  
  
• Proof of finances
  
  
• Statement of Purpose
  
  
• Letter of recommendation
  
  
• Your CV
  
  
• Prior work experience certificate (if any)
  
  
• Prior internship certificate (if any)
  

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After analyzing the available options, make sure to have a short list of universities you want to try. It is best to apply to multiple universities for safety. Follow these generic steps for a successful application procedure:

• Go to the official website of your university
• On the website’s search bar, type in the course you’re interested in.
• Read the text that comes up thoroughly to understand everything about your course in detail
• Proceed to the “Apply Now” button that appears in most courses at the bottom
• The screen will guide you through a number of steps. You will be asked to turn in certain information and documents, so stay prepared.
• Next, submit the application fees. Remember that this will be non-refundable and a little expensive as well.
• Complete the registration procedure and keep a lookout for the results date.
• If you are admitted, reply to the admission offer you receive and pay the required tuition fees to secure your seat.
• Proceed with applying for a Canadian Study Permit.

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Studying abroad can be a little financially challenging for most people. But knowing the approximate value of your expenditure beforehand helps you with better preparation and lessens the burden significantly. The total cost of living and studying MBA in Business Analytics in Canada as an international student can be categorized as follows.

Pre-arrival Costs

These are the expenses you will have to meet before setting off for Canada.

Tuition Fees

The average tuition fees for studying business analytics in Canada have already been summarised in the top colleges' section. For a broader approach, the course costs between CAD 20,000 (INR 12,19,878) and CAD 50,000 (INR 30,49,695) per year, depending on your college, location, course, duration, etc. Research-based and co-op courses have higher fees, while some have relatively lower fees.

Get the exact numbers from your university’s site while applying. There will always be a finance section or fee estimator where you can get an exact idea of what to expect. Add the ancillary fees, deposits, insurance, stationery fees, etc. to get the complete information and plan accordingly.

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Living Costs

Living in Canada as an international student can also be pretty expensive. The accommodation costs around CAD 8000 (INR 4,87,950) to CAD 10,000 (INR 6,09,940) annually if you live on campus. Off-campus, in a shared apartment, the rent falls between CAD 400 (INR 24,400) - CAD 700 (INR 42,700) monthly. The exact cost of accommodation depends on living standards and locations. Traveling costs are around CAD 100 (INR 6,100) per month, food costs around CAD 350 (INR 21,350) (again depending on diet and preferences), and an extra CAD 200 (INR 12,200) monthly for recreation, etc.

Suggested: Colleges in Canada with no Application Fee

To ease the burden of finances on students’ shoulders, promote higher studies and attract highly skilled immigrants to the nation, there are many scholarships supporting your master's. Make sure to apply for all that you’re eligible for to make the most of this opportunity.

Suggested: Scholarship in Canada for International Students

One of the most pronounced reasons to study business analytics in Canada is the high ROI and career prospects it offers. Find below the job titles you can go for and the average salary of business analysts in Canada.

There are multiple reasons why anyone would dream of studying in Canada. For one, it offers really high student living standards and allows for cost-effective education opportunities compared to other destinations for studying abroad. Canada also has a very welcoming community, making it an ideal place to go as an international student.

The ROI of Canadian students is exceedingly high. The place offers numerous career prospects and growth, promising investment returns faster than most nations. Speaking of an MBA degree, Canada, being a developed nation, provides many opportunities for MBA graduates. The nation also generously gives easy citizenship, offers of permanent settlement, excellent salaries for business analysts, and much more to add to the sugar dust.

All this information can be intimidating! Therefore, if you get stuck at any step or need end-to-end guidance from our counselors, subscribe to Yocket Premium.

Pursuing a Master's in Business Analytics in Canada opens doors to a world of opportunities, offering top-notch education, vibrant career prospects, and a welcoming environment. With detailed insights into program structures, top universities, eligibility criteria, costs, and scholarships, you're well-equipped to make informed decisions. Canada's high ROI and diverse job market make it a prime choice for aspiring business analysts.

If you find yourself in a quandary about selecting the right path for a Master's in Business Analytics in Canada, look no further! Enhance your understanding of the best universities, eligibility criteria, costs, scholarships, salary prospects, and more with Yocket Premium. Our dedicated counseling ensures a thorough and efficient experience, providing all the essential information for your pursuit. Delve into the realm of opportunities by exploring Yocket Premium, and schedule a counseling session today to discuss every aspect of your journey into business analytics in Canada. Your informed decision-making begins here!