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

5 Best Universities in Canada for Masters in Business Analytics

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.

QS Ranking 2024	111
Institute Type	Public
Courses Offered	Master of Business Administration UAlberta MBA (Business Analytics)
Complete tuition fees	CAD 59,780.64 (INR 36,46,250) CAD 59,780.64 (INR 36,46,250)
Duration of the course	24 months 24 months
Location	Edmonton

2.  York Schulich School of Business

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

QS Ranking 2024	353
Institute Type	Public
Courses Offered	Master of Business Analytics (MBAN)
Complete tuition fees	CAD 80,150 (INR 48,88,660)
Duration of the course	12 months
Location	Toronto

3.  Carleton University

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

QS Ranking 2024	671-680
Institute Type	Public
Courses Offered	Sprott MBA concentration in Business Analytics Master of Applied Business Analytics
Complete tuition fees	CAD 1,26,804.92 (INR 77,34,330) CAD 22979.02 (INR 14,01,580)
Duration of the course	16 months 12-24 months
Location	Ottawa

4.  Western Ivey Business School

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

QS Ranking 2024	N/A
Institute Type	Public
Courses Offered	Master of Science in Management MSc In Management Business Analytics
Complete tuition fees	CAD 69,950 (INR 42,66,520)
Duration of the course	16 months 16 months
Location	London, Ontario

5.  UBC Sauder School of Business

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

QS Ranking 2024	N/A
Institute Type	Public
Courses Offered	Master of Business Analytics (MBAN) UBC MBA + MBA Dual Degree UBC MSc in Business Administration
Complete tuition fees	CAD 60,249 (INR 36,74,820) + deposit fee CAD 5000 (INR 3,04,970) CAD 90,057 (INR 54,92,930) + deposit fee CAD 5000 (INR 3,04,970)
Duration of the course	12 months 24 months
Location	Vancouver

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.

Eligibility Criteria for Masters in Business Analytics in Canada

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

Documents Required for MS in Business Analytics 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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Admission Procedure for MS/MBA Business Analytics in Canada

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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Cost of Studying MBA in Business Analytics in Canada

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.

Particulars	Cost
Visa	CAD 150 (INR 9,150)
Canadian Study Permit	CAD 150 (INR 9,150)
IELTS/TOEFL fees	CAD 245 (INR 14,940) - CAD 250 (INR 15,250)
Registration fees	Variable
Flight tickets	Variable
GRE/GMAT fees	CAD 230 (INR 14,030) - CAD 250 (INR 15,230)

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

Scholarships Available for Studying Business Analytics in Canada

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.

Name	Eligibility	Value
Ontario Graduate Scholarship 2024	Select universities	Partial funding
Agnes K. Missirian Scholarship	Armenian students	Partial funding
Global Citizen Scholarship 2024	For universities supported by MPOWER	Full funding
NLB Scholarships, 2024	Students of Singapore	Full funding
International Peace Scholarships (For Women)	Female candidates, only at approved universities	Full funding
Scotiabank Fellowship	International students	Up to CAD 80,000 (INR 48,79,510)

Suggested: Scholarship in Canada for International Students

Career and Scope of Business Analytics in Canada

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.

Job Title	Annual Average Salary of Business Analyst in Canada
Data Analyst	CAD 58,544 (INR 35,70,820)
Data Scientist	CAD 79,751 (INR 48,64,320)
Business Intelligence Analyst	CAD 73,206 (INR 44,65,120)
Revenue Management	CAD 92,134 (INR 56,19,610)
Management Analyst	CAD 66,156 (INR 40,35,110)
Market Research Analyst	CAD 80,834 (INR 49,30,380)
Business Intelligence Managers	CAD 91,266 (INR 55,66,670)

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.

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From the Desk of Yocket

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!