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Best MBA Colleges in Canada: 10 Best Universities in Canada For MBA

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As an entrepreneur or a businessperson, you will want to enrol in the top MBA colleges in Canada to stay on top of your game. Persistent Business professionals graduating from MBA universities in Canada earn an average of CA$ 80,000 annually. If you aspire to be one among them, you are at the right place!

Crack the code of getting an admit to the top universities in Canada for MBA. Also, learn all about the best MBA schools in Canada for a rewarding future.   

Suggested:Know All about MBA in Canada

Table of Contents

Why Study MBA in Canada?

Pursuing an MBA in Canada is beneficial for international students. You are exposed to the business world on a global stage. Studying at the top MBA colleges in Canada will allow you to gain exposure on a massive scale.

  1. Global exposure: Did you know? Personalities like Elon Musk, Margaret Atwood and many more popular people have studied in Canada! Some of the best universities in Canada for MBA provide you with a global stage to showcase your expertise.  
  2. Top universities: Canada houses about 45 institutions that offer MBA. Eight of these universities are among the top universities in Canada for MBA. Isn’t everything quality? Of course! Thus, top MBA schools in Canada ensure quality education.
  3. Part-time work opportunities: Apart from your learning, you will also have several part-time job opportunities in Canada during your MBA from best business schools in Canada. This will help you manage your expenses and network.
  4. Post-study work opportunity: After the completion of your course from any of the best MBA colleges in Canada, you are eligible to apply for a post-study work permit. This is an awesome opportunity for students aspiring to work abroad after their education.
  5. Entrepreneurial development: MBA is a Business course, making it quite obvious that you will be developing Business skills. However, pursuing an MBA from the best business schools in Canada also helps you build an entrepreneurial mindset as you will have to work on real projects. You will have to display your talents in actuality. Thus, making you industry ready!\

Suggested:Job Opportunities in Canada

10 Best MBA Colleges in Canada: Where should you study MBA in Canada?

MBA is one of the most competitive yet rewarding degrees in the market today. An MBA from top MBA colleges in Canada promises high returns. Similarly, the top business schools that offer top-class MBA in Canada are:

  1. Schulich School (York University)
  2. Rotman School Of Management (University of Toronto)
  3. Sauder School Of Business (University of British Columbia)
  4. Desautels McGill University
  5. Smith Queen’s University
  6. University of Alberta
  7. Ivey Business School
  8. HEC Montréal
  9. John Molson School Of Business
  10. University of Canada West

Let us know about each of these top 10 MBA colleges in Canada, in detail: 

Schulich School of Business (York University)

If you want to belong to the creme-de-la-creme of the business world, then joining the Schulich School of Business must be your goal. Awarded the position #1 by the prestigious Forbes, Economist, CNN and more, this is one of the best MBA universities in Canada. 89% of graduates have grabbed attractive jobs right after their graduation here.

University Type

Public

QS World University MBA Ranking 2022 

81 

Fees

106,900 CAD or 6,67,000 INR 

Requirements

  • An undergraduate degree from a recognized post-secondary institution with a minimum B average in the last two full years (or equivalent) of academic work.
  • GMAT scores
  • IELTS (overall 7) or TOEFL (100 iBT)
  • 2 years of minimum relevant work experience
  • Online application (2 written essays, 1 timed written essay, 2 videos)
  • Resume
  • 2 LORs

Suggested:Cost of Studying MBA in Canada 

Rotman School of Management (University of Toronto)

The Rotman School Of Management is a Business school of the University of Toronto. Rotman School is one of the best MBA colleges in Canada for Indian students as many Indians reside in Toronto. The high employment rate of graduates from Rotman College too add up to the benefit of studying there.  

University Type

Public

QS World University MBA Ranking 2022 

42

Fees

131,120 CAD or 8,00,000 INR 

Requirements

  • An appropriate bachelor's degree, or its equivalent, with a final year average of at least mid-B from a recognized university.
  • A minimum GPA of 3.0
  • GMAT or GRE score
  • 2 years of relevant work experience
  • LORs
  • Essay and video submission
  • IELTS 7 overall or TOEFL iBT 100
  • Interview

Sauder School of Business (University of British Columbia)

UBC’s MBA Business program is among the best Business courses in Canada. This is considered to be one of the best MBA colleges in Canada for Indian students because of the myriad of opportunities posed to the students after their education.

University Type

Public

QS World University MBA Ranking 2022 

84

Fees

90,057 CAD or 5,50,000 INR 

Requirements

  • Three or four-year Bachelor's degree with a B+ average, or recognized equivalent from an accredited institution
  • Minimum 550 GMAT score
  • 155 GRE score on both the verbal and quantitative sections
  • IELTS - 7 overall or TOEFL iBT - 100
  • 3-5 years of work experience
  • 2 LORs

Desautels McGill University

McGill University’s MBA programs is one of the top rated business programs in Canada. The program offers 6-10 weeks of internships to students, giving them an opportunity to explore the real Business market.  

University Type

Public

QS World University MBA Ranking 2022 

74

Fees

31,000 CAD - 32,000 CAD or 1,80,000

Requirements

  • 2 years minimum work experience
  • 2 Letters Of Recommendations
  • 2 Official transcripts
  • GMAT/GRE Score
  • IELTS (7 overall) or TOEFL iBT 100
  • Interview (By invitation)
  • 3 Essay questions to be answered

Suggested:Scholarships to Study MBA in Canada 

Smith School of Business (Queen’s University)

Smith School of Business promotes leadership and a career driven approach towards business studies. From allowing students to design their own career paths to making sure they have attractive opportunities and exposure, this university is one of the best places to be.

University Type

Public

QS World University MBA Ranking 2022 

64

Fees

102,100 CAD or 6,24,000 INR 

Requirements

  • Resume
  • Application form
  • Transcripts
  • GMAT or GRE
  • IELTS (7 overall) or TOEFL iBT 100
  • Cover letter
  • 2 LORs
  • 2 Video questions
  • 1 written response
  • Personal interview

Suggested:Cheapest MBA Colleges in Canada 

University of Alberta

94% of MBA graduates arrive at rewarding opportunities after studying at the University of Alberta. The course is designed to prepare you technically as well as with all the necessary softskills to ace the Business world today. 

University Type

Public-Research University

QS World University MBA Ranking 2022 

-

Fees

60,000 CAD or 36,72,000 INR 

Requirements

  • A four-year undergraduate degree from a recognized institution with a minimum grade point average of 3.0/4.0 or 60-credits of study.
  • Minimum of 2 years work experience
  • Score a minimum of 550 in GMAT or a 50% in GRE
  • IELTS (overall required score of 7) or TOEFL iBT of 100
  • 2 LORs
  • Video interview
  • Video and Written questions

Ivey Business School

Quality education, top job opportunities and several scholarships offered by the Ivey Business School makes it one of the best places to study MBA in Canada. Students aspiring to receive financial aid must apply here for fruitful results. 

University Type

Public

QS World University MBA Ranking 2022 

72

Fees

1,20,500 CAD or 73,45,000 INR 

Requirements

  • Transcripts
  • GMAT score OR GRE score
  • Resumé demonstrating a minimum of two years, full-time work experience.
  • TOEFL or IELTS score
  • Two professional references.
  • Online application including completion of two required written essay questions and two required video questions.
  • Application fee of $150 CAD.

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HEC Montréal

Along with learning from top experts in the field at HEC Montreal. You will also be exposed to the multi-cultural environment at the university. With the diverse group of students, you will be able to enjoy a socially rich environment.

University Type

Public

QS World University MBA Ranking 2022 

151-200

Fees

54,000 CAD - 59,000 CAD or 30,60,000 INR 

Requirements

  • An Undergraduate degree.
  • Have at least 3 years' full-time professional experience
  • GMAT (minimum score required 570) or GRE (score equivalent GMAT)
  • IELTS (Overall 7, 7.5 or 8) or TOEFL iBT (95-114)

Want to know more about MBA in Canada? Read our suggestions below: 

1-Year MBA in Canada 

MBA in Canada Without Work Experience 

GMAT Score for MBA in Canada 

MBA in HR in Canada 

John Molson School of Business

John Molson School Of Business is regarded as one among the good universities. The reason behind this is the regularly updated curriculum and the analytical skill development that is imbibed in the students. If you are someone who enjoys learning with practical experiences, then this is the place for you!   

University Type

Public

QS World University MBA Ranking 2022 

131-140

Fees

47,900 CAD or 30,00,000 INR

Requirements

  • A bachelor's degree in any discipline from a recognized university, with minimum GPA of 3.0/4.3
  • Video interview
  • CV
  • A statement of purpose (approximately 500 words)
  • 3 letters of reference
  • Online assignment form.
  • A minimum GMAT score of 580.
  • TOEFL iBT minimum score 95, Academic IELTS minimum score 7.0 or Duolingo English Test minimum score 120

Yocket Prep

University of Canada West

University of Canada West is a private, for-profit institution. However, students aspiring to up their Business skills in Canada can opt to study here. With standardised education, you are also exposed to the corporate world at the university level.

University Type

Private

QS World University MBA Ranking 2022 

-

Fees

36,800 CAD or 22,50,000 INR 

Requirements

  • IELTS (Overall 6.5) or TOEFL
  • A minimum of 3.00
  • Bachelors in Business Administration with atleast 70%
  • GMAT or GRE scores
  • Minimum of 3 years work experience

Suggested:GRE Accepting Universities in Canada for MBA 

MBA is one of the trending business qualifications in today’s world. Actually speaking, along with the trending aspect of an MBA, students are highly seeked in the professional world. Corporate thrive to have Business associates with an MBA. There are options to pursue a 1 year MBA course in Canada. To further seek assistance with your MBA admission in Canada or scholarships, reach out to a Yocket professional to help you out!

Frequently Asked Questions About MBA Universities in Canada

Ques. Is MBA from Canada worth it?

Ans. Canada has one of the strongest economies in the world. In addition to that, Canada is also a welcoming country to foreigners. Hence, providing several job opportunities to MBA students after graduation. This makes studying abroad in Canada totally worth it!

Ques. How much does it cost to study MBA in Canada?

Ans. Studying in Canada costs anywhere from 30,000 CAD - 90,000 CAD, depending on the university and specialization you choose.

Ques. When to apply for MBA in Canada?

Ans. Canada offers three intakes .i.e., Fall (September), Summer (May)  and Winter (January)  intake. You can enroll for MBA during any of these intakes. However, most Indian students prefer the Fall intake for MBA as it is the most popular time for enrolment.

Ques. What are the top MBA specialisation options in Canada?

Ans. The top MBA specializations are:

  • Finance 
  • Marketing 
  • Business Analytics 
  • Entrepreneurship 

Ques. What are some top MBA colleges in Canada?

Ans. Top MBA colleges in Canada are:

  • Schulich School (York University)
  • Rotman School Of Management (University of Toronto)
  • Sauder School Of Business (University of British Columbia)
  • Desautels McGill University
  • Smith Queen’s University