Study MBA in Canada – Top Colleges, MBA Careers and Expenses

Keywords: MBA in Canada, Study in Canada, Careers in Canada, Cost of MBA in Canada, Top MBA colleges in Canada, Top Business Schools in Canada, MBA salary in Canada, MBA Tuition Fees in Canada, MBA Jobs in Canada, Post Study Work Visa in Canada

Canada is the third most popular study destination in the world for MBA. This is because Canada is one of the world’s biggest economies with plethora of employment opportunities for MBA graduates and the neighbour of the world’s biggest MBA market – the US. In addition, Canada is home to some of the best business schools in the world.

Six business schools in Canada are ranked in top 100 of the QS Global MBA Rankings, showing the high quality of Canadian MBA programs.

Also Read: Cost of study in Canada

Top business schools in Canada 2018

MBA Careers in Canada – Job and Salary

Employment statistics from the top three MBA schools shows that finance is the dominant market for MBA hiring. Of the classes of 2017, 44 percent at Rotman, 30 percent at Ivey and 25 percent at Desautels were hired by the companies of the finance sector.

An MBA in Canada is quite attractive to international students due to the friendliness of the visa system as compared to the USA. It is easier to study in Canada, and also to secure a full-time MBA job after the completion of the studies. Many US tech companies including Facebook have set up offices on Canada’s West Coast specifically for recruiting international

Also Read: How to get Canada PR by Express Entry

Vancouver is one of the hiring hubs in Canada, together with Toronto – the financial capital of the country – and Montréal. This is reflected in the high number of business schools you’ll find in and around these cities. Schools based elsewhere will often have bases in the biggest urban hubs.

MBA salary levels in Canada are among the world’s most generous. The current average base salary is US$99,800, according to the QS Jobs & Salary Trends Report. This figure places Canada on third position in the global top 10 for MBA salary levels. Moreover, MBAs can expect an average bonus of around US$11,300, taking total remuneration levels comfortably into the six-figure zone.

Also Read: MBA without work experience

MBA tuition fees in Canada

The tuition fees varies from university to university, with Top institutions charging a lot more than the others. In general, MBA tuition fees in Canada is lower than most of the MBA schools in US or other English Speaking Countries.

Tuition fees for international students at Rotman School of Management is around US$85,000 in total, while the international student’s tuition fees at Ivey (a one-year program) and Desautels or other top-10 programs is around the US$70,000. HEC Montréal, is the only exception with MBA tuition fees at US$26,000. Other than these top institutions, there are plenty of options which charge lower MBA tuition.

Study visas for Canada

As in other countries, international students require a study permit to study in Canada. You have to show that you have sufficient funds to pay the tuition fees and to support yourself for the duration of your program, and fulfil minimum English Language requirements by taking IELTS exam.

Spouses of students may also apply for an open work permit, which allow them to work while in Canada.

Also Read: How to apply for Canadian Study Visa

Post-study work visas in Canada

Graduates completing a two-year MBA programs automatically become eligible for a post-graduation work permit of three years, to help them find a job. Graduates of one-year programs get one year to do the same. Spouses may join on these visas and are also permitted to work. Canada also offers a start-up visas for entrepreneurs that permits permanent residency

MBA scholarships in Canada

There are many options to fund your MBA in Canada. The government of Canada as well as individual institutions provide scholarships to international students. To know more about the scholarships please feel free to contact us.

We hope that this blog gave you detailed information on how to study MBA in Canada including Tuition Fees and living expenses. If you have any doubt or questions, please feel free to arrange a FREE Counselling session with one of our experts over phone or in office at Road to Abroad.

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