Canada is famous for its business schools that provide quality courses in the field of Business and Management. While MBA in Canada still occupies an important place, the MIM course in Canada has witnessed huge popularity over the recent years. The Master in Management (MIM) provides general business and management knowledge for graduates from different areas of study. If you are looking for a cost-effective, less lengthy and well-acclaimed business course, MIM in Canada is a great choice.
In this blog, we take you through all the requirements, costs, job opportunities, top MIM universities in Canada, and everything else that you must know about MIM in Canada.
Why Study MIM in Canada?
Let us begin our discussion by looking into the perks of pursuing MIM at colleges and universities in Canada. Some important benefits of MIM programs in Canada are:
- MIM is a one-year program that saves up time and helps students to kick start their careers early. This is not the same with other management courses like MBA.
- Most MIM students are fresh graduates who come from different fields of study. The coming together of students from different disciplines brings in the aspect of diversity to the teaching-learning process.
- To study at MIM colleges in Canada a student requires little or no experience. It is not the case with other management courses like MBA, where work experience is a compulsory requirement.
- The MIM graduates are sought-after by all reputed companies and organisations, as the course shapes them into responsible and learned professionals.
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Eligibility Criteria and Admission Requirements for MIM in Canada
The MIM in Canada requirements vary across universities. Some basic requirements for Masters in Management in Canada by top universities are:
- Undergraduate Degree
- GMAT or GRE Score (Recommended but not necessary)
- Language Requirements
- Passport & Visa
Let us now take a closer look at the requirements and eligibility for MIM Colleges in Canada:
Undergraduate Degree
Three to four-year non-business Bachelor’s degree with a B+ average or equivalent from an accredited institution. To make it to the best MIM universities in Canada you must have a minimum B+ or an A in your undergraduate.
GMAT or GRE Score
A GMAT or GRE score is not a compulsory requirement for a Master in Management at Canadian universities. However, you will need them to get admission into the top universities. The GMAT score ranges from 550-600.
Language Requirements
The English proficiency tests to study in Canada are mandatory for all international students to get admission at Canadian universities. Minimum scores as per the tests are:
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Documents Required for MIM in Canada
Admission to MIM colleges in Canada requires a set of documents. Some of the common document requirements are mentioned below:
- Transcripts of all educational qualification
- CV or Resume
- LOR or Letter of Recommendation
- SOP or Statement of Purpose
- Scorecards of IELTS/TOEFL
- Scorecards of GMAT/GRE (Recommended but not compulsory)
- Experience certificate (if required)
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Admission Process for MIM in Canada
A step by step guide to apply for MIM in Canada is discussed below:
- Finalise the university where you want to apply for the MIM course in Canada.
- Visit the official university website and collect all data relating to eligibility and the admission process. Do check if your bachelor's degree is accepted by the university.
- Upload scanned copies of all the required documents (transcripts, CV, IELTS/TOEFL, GMAT/GRE scorecards)
- Fill the desired application form and pay the fee.
- Once you fulfill all the requisites, you will receive the conditional offer letter. The letter is the proof of your selection, after which you may book your seat at the particular university.
- Pay your deposit by agreeing to the terms and conditions of the university. The deposit is non-refundable.
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Cost of Studying MIM in Canada
The overall MIM in Canada cost depends upon the type of university and the lifestyle you choose. The costs further may be divided into two parts: Tuition fees and cost of living.
- There are different fee structures for MIM courses in Canadian universities. The fee also depends upon the course type of specialisation you choose. On average, the MIM in Canada fees range between CAD 30,000 to CAD 60,000 on a yearly basis.
- The cost of living in Canada again depends upon your lifestyle and preferences. An estimated cost per year for international students is CAD 15,000 - CAD 20,000 per month. It covers all amenities like housing, food, travel, stationery, recreational activities, etc.
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MIM Universities in Canada
There are some distinguished colleges and universities that offer top MIM programs in Canada. Each of them offers a wide range of programs and specializations that help you learn and excel in your management career. Top MIM colleges in Canada include:
- Rotman School of Management, University of Toronto
- Sauder Business School, University of British Columbia
- McGill University
- Queen’s University
- Ivey Business School
Rotman School of Management (University of Toronto)
The University of Toronto’s graduate business school, Rotman School of Management occupies the top position amongst all the MIM universities in Canada. The MIM program here is specifically designed to strengthen the students’ quantitative and computational skills. The classes here are a combination of both domestic and international students of different nationalities.
|
University Type |
Public |
|
Location |
Toronto |
|
QS World Ranking 2022 |
26 |
|
Programs Offered |
Master of Management Analytics Master of Management and Professional Accounting Master of Management of Innovation |
|
Average Tuition Fees Per Year |
CAD 67,160 |
|
Application Deadline |
31 January 2022 |
Sauder Business School, (University of British Columbia)
The University of British Columbia offers one of the best MIM programs in Canada. Students with a bachelor’s degree in non-business discipline can also apply for UBC’s MIM course in Canada. It provides the opportunity for students to master the fundamental principles of business and management. Accounting, Strategic Management, Finance, Marketing, etc. are some core modules of the course.
|
University Type |
Public |
|
Location |
Vancouver |
|
QS World Ranking 2022 |
46 |
|
Programs Offered |
Master of Management |
|
Average Tuition Fees Per Year |
CAD 50,616 |
|
Application Deadline |
January 31, 2022 |
Desautels Faculty of Management (McGill University)
McGill University is another top university that offers the MIM course in Canada. It is an intensive full-time, one-year, pre-experience program with a strong emphasis on experiential learning. The Master of Management curriculum here strikes a balance between advanced statistics, technology, and business strategy to give students a broad range of practical skills and perspectives.
|
University Type |
Public |
|
Location |
Montreal Quebec |
|
QS World Ranking 2022 |
27 |
|
Programs Offered |
Master of Management Analytics Master of Management Finance Master of Management Manufacturing Management |
|
Average Tuition Fees Per Year |
CAD 54,990 |
|
Application Deadline |
January 31, 2022 |
Haskayne School Of Business, (University of Calgary)
The University of Calgary offers one of the best MIM programs in Canada. The course helps the students to supplement their undergraduate field of interest with business skills and knowledge. The graduates acquire an interdisciplinary skillset upon completion of their course. The 10 months of full-time intensive study develops a broad business essential knowledge in students.
|
University Type |
Public |
|
Location |
Calgary |
|
QS World Ranking 2022 |
235 |
|
Programs Offered |
Master of Management |
|
Average Tuition Fees Per Year |
CAD 43,643 |
|
Application Deadline |
January 15, 2022 |
John Molson School Of Business (Concordia University)
The John Molson School of Business is amongst the well-known MIM Colleges in Canada. A part of Concordia University, the business school offers the MSc Management course with a view to preparing students for the data-driven industry. The research-based graduate program here develops expertise in areas of human resources, individual and organisational behaviour and strategic management.
|
University Type |
Public |
|
Location |
Montreal, Quebec |
|
QS World Ranking 2022 |
521-530 |
|
Programs Offered |
Master of Science in Management |
|
Average Tuition Fees Per Year |
CAD 42,200 |
|
Application Deadline |
January 31, 2022 |
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Top Scholarships for MIM in Canada
Canada offers a wide range of scholarships (undergraduate, graduate, doctoral) to its international students. Some such scholarships for MIM in Canada for international students are discussed below:
|
Scholarship Name |
Awarded to |
|
All international students pursuing full-time and part-time graduate courses in Ontario with a first-class or equivalent in the qualifying exam.
Amount/Benefit: CAD 15,000/ year |
|
|
University of Manitoba Graduate Fellowships |
Students pursuing graduate programs at University of Manitoba who demonstrate superior intellectual ability and academic accomplishments.
Amount/Benefit: CAD 14,000/ year |
|
Asian Top Talent Scholarships |
Meritorious students from Asian countries who are students at University of British Columbia.
Amount/Benefit: CAD 10,000 - CAD 35,000 |
|
Derrick and Lytta Pereira Prize |
Student demonstrating excellent accomplishment during that application process at University of Lethbridge for MSc Management program.
Amount/Benefit: CAD 15,000 |
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MIM in Canada without GMAT
One of the most popular queries amongst students for MIM in Canada is the GMAT requirement. The top MIM universities in Canada do ask for a decent GMAT score, but there are other universities and colleges in Canada where GMAT is not a compulsory requirement. Some of them are:
|
University Name |
GMAT |
Other Requirements |
|
Not Required |
TOEFL, IELTS |
|
|
Not Required |
TOEFL, IELTS, CAEL, PTE, DET |
|
|
Ivey Business School |
Not Required |
TOEFL, IELTS, CAEL, PTE, DET |
|
Not Required |
TOEFL, IELTS, PTE |
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Jobs After MIM in Canada
The MIM Graduates in Canada are highly sought after for employment by both public and private sectors. Being well equipped with all the management skills you can land into high-profile positions. The recent graduates have been employed in well know companies such as:
- SAP
- Accenture
- Microsoft
- Apple
- Amazon
- Deloitte
Some popular jobs with their average salaries are mentioned below:
|
Job Title |
Average Salary Per Year (in CAD) |
|
Business Coordinator |
50,000 |
|
Research Analyst |
55,000 |
|
Assistant Manager |
47,000 |
|
Junior Accountant |
43,000 |
|
Junior Business Analyst |
40,000 |
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MIM in Canada is a great way to start your professional career in business and management from an early stage. The skills and knowledge pave the way for you to prosper and be exposed to job opportunities in Canada. This will also help you in drawing a better comparison of both the courses to make your choice. And if you want to know more about MIM programs in Canada, sign up on Yocket and get your queries resolved easily.
