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

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Yocket Editorial Team
7 mins read
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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:

  1. Why Study MIM in Canada?
  2. Eligibility Criteria and Admission Requirements for MIM in Canada
  3. Documents Required for MIM in Canada
  4. Admission Process for MIM in Canada
  5. Cost of Studying MIM in Canada
  6. MIM Universities in Canada
  7. Top Scholarships for MIM in Canada
  8. MIM in Canada without GMAT
  9. Jobs after MIM in Canada
  10. Frequently Asked Questions about Studying 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 organizations, as the course shapes them into responsible and learned professionals.

Suggested: Complete Guide to pursue MBA in Canada!

 

Eligibility Criteria and Admission Requirements for MIM in Canada

The MIM in Canada requirements varies across universities. Some basic requirements for Masters in Management in Canada by top universities are:

  1. Undergraduate Degree
  2. GMAT or GRE Score (Recommended but not necessary)
  3. Language Requirements
  4. Passport & Visa

Let us now take a closer look at the requirements and eligibility for MIM Colleges in Canada:

1. 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.

2. 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.

3. 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:

 

4. Passport and Visa

A valid passport and student visa are a must for all international students to study any course at any university in Canada. Do keep in mind to apply for your visa at least 3 months prior to the expected date of travel.

 

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)

 

Admission Process for MIM in Canada

A step by step guide to apply for MIM in Canada is discussed below:

  1. Finalize the university where you want to apply for the MIM course in Canada.
  2. 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.
  3. Upload scanned copies of all the required documents (transcripts, CV, IELTS/TOEFL, GMAT/GRE scorecards)
  4. Fill the desired application form and pay the fee.
  5. 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.
  6. 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.

 

Tuition Fees

There are different fee structures for MIM courses in Canadian universities. The fee also depends upon the course type of specialization you choose. On average the MIM in Canada fees range between CAD 30,000 to CAD 60,000 on yearly basis.

 

Cost of Living

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.

 

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 

 

1. 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

 

2. 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

 

3. 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

 

4. 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

 

5. John Molson School Of Business (Concordia University)

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 organizational behavior 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

 

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

Thomson Rivers University

Not Required

TOEFL, IELTS, PTE

 

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

Business Coordinator

CAD 50,000

Research Analyst

CAD 55,000

Assistant Manager

CAD 47,000

Junior Accountant

CAD 43,000

Junior Business Analyst

CAD 40,000

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.

Let’s take a look at the frequently asked questions about MIM in Canada before ending this blog:

Frequently Asked Questions for MIM in Canada

 

  1. Is MIM in Canada good?

Ans. MIM in Canada is definitely a good choice if you are looking for a career in management and related domains. Besides, Canadian universities also have a worldwide reputation for offering quality education and training.

 

  1. Is work experience required to pursue MIM in Canada?

Ans. Not all MIM universities in Canada require work experience to pursue MIM courses. Some universities do ask for minimal work experience while others have no such requirements.  

 

  1. What is the duration of MIM program in Canada?

Ans. The maximum duration for full-time MIM in Canada is 12 months. The part-time programs may extend up to 15 months.

 

  1. Is MIM equal to MBA?

Ans. Both MIM and MBA offer individual sets of learnings, advantages and opportunities. So, it is unfair to compare both the courses on any basis.

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