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Complete Guide to MIM in Canada: Top MIM Universities in Canada, Admission Requirements, Cost & More

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Rohan Deshmukh
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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.

Table of Contents

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.

Suggested: Complete Guide to pursue an MBA in Canada!

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:

Suggested: Sample SOP for MIM

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)

Suggested: All about MIM Without GMAT

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.

Suggested: Intakes and deadlines to study in Canada in 2022!

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.

Suggested: Difference Between MIM and MBA

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:

  1. Rotman School of Management, University of Toronto
  2. Sauder Business School, University of British Columbia
  3. McGill University
  4. Queen’s University
  5. 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

Suggested: MIS vs MEM vs MIM vs MBA - Which is Best?

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

Ontario Graduate Scholarships

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

Suggested: Scholarships to study in Canada for international students!

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

York University

Not Required

TOEFL, IELTS

Lakehead University

Not Required

TOEFL, IELTS, CAEL, PTE, DET

Ivey Business School

Not Required

TOEFL, IELTS, CAEL, PTE, DET

Thompson Rivers University

Not Required

TOEFL, IELTS, PTE

Suggested: Difference Between MIM and MBA

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

Suggested: Best Jobs after MIM for International Student

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.

 

 

Frequently Asked Questions about MIM in Canada

Is MIM in Canada good?

Is work experience required to pursue MIM in Canada?

What is the duration of the MIM program in Canada?

Is MIM equal to MBA?

What are some of the best programs in Canada?

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