With 2000+ successful admits, MBA in Canada remains a top choice for applicants of LilacBuds, a leading MBA admissions consultant. Renowned for its education system, inclusive culture, and job market, it’s ideal for launching your international career.
Top Universities
Canada boasts over 250 esteemed business schools, including globally recognized institutions such as Rotman School of Management (University of Toronto), Desautels Faculty of Management (McGill University), Ivey Business School (Western University), and Smith School of Business (Queen’s University).
Flexible Programs & Degrees
Students can choose from Full-Time, Part-Time, Executive, and Online MBA options, catering to professionals at various career stages. Programs typically range from 1 to 2 years, with some institutions offering accelerated or co-op-integrated formats.
Average Expenses
Annual tuition fees for MBA programs in Canada range from CAD 30,000 to CAD 130,000, depending on the university and program type. Additional living expenses can add CAD 15,000 to 25,000 per year.
Career Ready Experience
Over 80% of MBA graduates secure internships or employment within six months of graduation, with top employers including Deloitte, EY, RBC Bank, Amazon, and Scotiabank.
Visa & PR
Graduates are eligible for a Post-Graduation Work Permit (PGWP) lasting up to three years, facilitating valuable work experience in Canada. This pathway enhances prospects for permanent residency through Canada's Express Entry system.
Strong Job Market
Average base salaries for MBA graduates in Canada range from CAD 66,000 to CAD 149,000 annually, varying by specialization and industry. High-paying roles include Management Consultant, HR Manager, Marketing Manager, and Product Manager.
Canada is one of the most sought-after destinations for international students, offering a diverse range of academic opportunities, world-class universities, and unmatched career prospects. Home to some of the top MBA programs in Canada, it is known for its inclusive culture, cutting-edge research, and exceptional quality of life. Studying in Canada empowers students to grow academically and personally in a globally respected education system.
Top Ranked Universities and Quality Education
Canada is home to top-ranking institutions like the University of Toronto, McGill University, and UBC—renowned for academic excellence, innovative teaching, and global recognition across disciplines.
Unmatched Research Opportunities
Canadian universities lead globally in research, particularly in fields like AI, healthcare, sustainability, and business innovation—offering students direct access to pioneering projects and top-tier resources.
Flexible and Diverse Programs
With a broad spectrum of MBA specializations and flexible learning paths, Canada’s education system supports personalized study plans and experiential learning tailored to individual career goals.
Career-Boosting Internships and Networks
Many Canadian MBA programs integrate internships, co-op terms, and corporate projects—connecting students with major employers such as RBC, Deloitte, Shopify, and global tech firms.
Rich Cultural Exposure and Diversity
Canada is known for its multicultural society and welcoming environment, offering international students the chance to thrive in inclusive communities and develop a global mindset.
Vibrant Student Life
From urban hubs like Toronto and Vancouver to scenic university towns, students enjoy a high quality of life, outdoor adventures, and a supportive campus culture that makes studying in Canada truly enriching.
Our AI-Powered Program Matcher helps you discover the best-fit MBA programs across top Canadian universities—categorized into Dream, Reach, and Safe options based on your academic and professional profile. TRY IT NOW to explore programs in Canada that match your goals, experience, and budget, and take the next step to study MBA in Canada.
The application process for Canadian universities involves several critical steps, from gathering required documents to securing a student visa. Follow this guide to ensure that your journey toward studying in Canada is seamless and successful.
Complete the online application form for your selected MBA programs and submit it before the university’s deadline.
Application fees typically range between CAD 100 to CAD 200 per university for processing MBA applications in Canada.
Upon acceptance, you’ll receive an official offer letter from the Canadian university, confirming your admission.
Submit your study permit application with proof of admission, financial support, and other required documents to begin your Canadian MBA journey.
Admission requirements for MBA programs in Canada vary by university but generally follow a standardized process. Here’s what you’ll typically need to qualify for admission to a Canadian MBA program.
Minimum GPA and Academic Eligibility
A bachelor's degree with a minimum GPA of 3.0 on a 4.0 scale (or equivalent) is commonly required by top Canadian business schools.
TOEFL/IELTS Requirements
International students must demonstrate English proficiency—typically a TOEFL score of 90+ or IELTS score of 6.5–7.0 overall.
Work Experience Requirements
Most MBA programs prefer 2–5 years of full-time work experience. Executive MBA programs may require 7–10 years of professional experience.
GMAT/GRE Expectations and Waivers
A GMAT score of 550–650 is generally expected, however, some schools offer waivers based on work experience or academic background.
Required Application Documents
Submit transcripts, GMAT/GRE scores, English test scores, resume, Letters of Recommendation, Statement of Purpose, and application form.
Use our AI-Powered Document Draft Creator to craft standout SOPs, LORs, and Essays tailored for top Canadian MBA programs—quickly and effortlessly in just minutes!
Explore the academic vibrance of Canada by choosing from some of its top student cities. Each city offers unique cultural experiences, world-class universities, and abundant career opportunities for international students studying in Canada.
Canada’s largest city and financial capital, Toronto is a multicultural metropolis with top-tier universities and unmatched networking opportunities for MBA students.
Set against a stunning natural backdrop, Vancouver combines academic excellence with access to thriving industries in tech, sustainability, and entrepreneurship.
Known for its vibrant culture and bilingual environment, Montreal is a student-friendly city offering affordable education and a strong academic community.
A growing business hub with a focus on energy, innovation, and entrepreneurship, Calgary offers a welcoming atmosphere and competitive MBA programs.
Canada’s capital city blends political influence, economic strength, and a vibrant student lifestyle—ideal for those looking to combine public and private sector careers.
Canada’s largest city and financial capital, Toronto is a multicultural metropolis with top-tier universities and unmatched networking opportunities for MBA students.
Set against a stunning natural backdrop, Vancouver combines academic excellence with access to thriving industries in tech, sustainability, and entrepreneurship.
Known for its vibrant culture and bilingual environment, Montreal is a student-friendly city offering affordable education and a strong academic community.
A growing business hub with a focus on energy, innovation, and entrepreneurship, Calgary offers a welcoming atmosphere and competitive MBA programs.
Canada’s capital city blends political influence, economic strength, and a vibrant student lifestyle—ideal for those looking to combine public and private sector careers.
Find the perfect program tailored to your goals. Discover detailed information on top universities, courses, fees, and more to kickstart your academic journey.
Tuition Fee
The tuition fees for studying an MBA in Canada vary significantly depending on the university, program, and whether the institution is public or private. On average, tuition can range from CAD 28,000 to CAD 133,000 per year. Here’s a detailed breakdown of the fees for public and private universities in Canada:
Public Universities
Generally more affordable than private universities, with fees typically ranging from CAD 24,600 to CAD 92,500 per year. For instance, the University of Alberta charges approximately CAD 28,281 for domestic students, while the University of Toronto's Rotman School of Management charges CAD 92,500 for its full-time MBA program.
Private Universities
Tend to be more expensive, with fees ranging from CAD 56,000 to CAD 123,732 per year. Notable examples include the Ivey Business School at Western University, with fees around CAD 83,250, and the Schulich School of Business at York University, with fees ranging from CAD 56,000 to CAD 67,000.
Student accommodation can range from CAD 3,000 to CAD 22,000 annually, depending on your living arrangements while studying in Canada. The major components of living expenses include:
Rent (on-campus or off-campus)
Utilities (electricity, water, gas, internet)
Food (groceries, dining out)
Travel (to and from your home country)
Other costs (books, personal)
Other monthly expenses can include:
Take-out food
Travel and vacation
Car rental/insurance (if applicable)
Entertainment/TV
Other costs (transport, personal)
Canada offers a variety of scholarships to international students pursuing an MBA, aimed at alleviating tuition and living expenses. These scholarships are categorized based on merit, financial need, diversity, and other criteria. Below is a structured overview of available opportunities:
These scholarships recognize academic excellence, leadership potential, and professional achievements. They are often awarded automatically upon admission or through a separate application process.
These awards are provided to students who demonstrate financial need, often without the requirement of repayment. They can be offered by universities or external organizations.
These scholarships are funded by government bodies, foundations, or international organizations, and are available to students from specific regions or countries.
These prestigious awards are typically offered by university leadership and recognize exceptional students.
Aimed at promoting inclusivity, these scholarships support students from underrepresented groups.
These scholarships support students with entrepreneurial aspirations and achievements.
What are the eligibility requirements for international students applying to MBA programs in Canada?
International students typically need a bachelor’s degree from a recognized institution, a competitive GMAT or GRE score, proof of English language proficiency (IELTS or TOEFL), and 2–5 years of work experience. Some universities may also require letters of recommendation and a statement of purpose.
Can international students work while studying an MBA in Canada?
Yes, international students with a valid study permit can work up to 20 hours per week during academic sessions and full-time during scheduled breaks without a separate work permit.
Is it possible to stay and work in Canada after completing an MBA?
Yes, graduates are eligible to apply for a Post-Graduation Work Permit (PGWP), which allows them to work in Canada for up to three years, depending on the duration of their program. This experience can also help in applying for permanent residency through programs like Express Entry.
Get personalized guidance on universities, scholarships, eligibility, and career prospects.
Explore flexible work options and gain valuable industry experience while studying abroad in Canada. From on-campus roles to internships, find opportunities that enhance your academic journey and career prospects.
Flexible Work Options
International students with a valid study permit can work part-time (up to 20 hours per week) during academic terms and full-time during scheduled breaks while studying in Canada, with options available both on- and off-campus.
Post-Graduation Work Permit (PGWP)
After completing an MBA program, students may qualify for the PGWP, allowing them to work in Canada for up to three years. This permit provides valuable industry exposure and enhances permanent residency prospects.
ODiscover programs that match your goals and increase your chances of admission.
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Types of Visas
Study Permit (Primary Visa for International Students)
The Study Permit is the primary visa for international students pursuing full-time academic programs in Canada, including MBA degrees.
Cost: CAD 150 (approx. INR 9,296)
Validity: Duration of the study program, up to a maximum of 3 years, depending on the program length
Post-Graduation Work Permit (PGWP)
After completing an MBA program in Canada, graduates may be eligible for a PGWP, allowing them to work in Canada.
Validity: Duration of the study program, up to a maximum of 3 years, depending on the program length.
Visa Requirements
To apply for a Canadian student visa for an MBA program, you’ll need to gather the following documents:
Academic Records and Supporting Documents:
Visa Application Process
Here are the steps of the visa application process for studying an MBA in Canada:
Visa Denials & Rejections
While Canada has a high acceptance rate for student visas, denials can happen. Common reasons include:
Let Us Guide You Through the Process!
Get expert insights and personalized support to make your France MBA visa journey smooth.
Here are some quick facts and stats about pursuing an MBA in Canada:
Canada hosts over 1 million international students, with a significant number enrolled in MBA programs at top institutions.
The country boasts several world-renowned business schools, including Ivey Business School, Rotman School of Management, and HEC Montreal.
Canada's MBA programs are globally recognized, with schools like Rotman and Ivey consistently ranking among the top 100 worldwide.
The average starting salary for MBA graduates in Canada varies by industry and location, with figures ranging from CAD 70,000 to over CAD 100,000 annually.
Graduates from Canadian MBA programs often secure positions in major cities such as Toronto, Vancouver, and Montreal, which are hubs for finance, technology, and consulting industries.
Canada's Post-Graduation Work Permit (PGWP) allows international MBA graduates to gain valuable work experience in the country, often leading to permanent residency opportunities.
Student life in Canada is diverse, with a strong emphasis on academics, personal growth, and social activities. Universities offer robust support networks to help international students settle into both their academic and social environments, ensuring a smooth transition to studying in Canada.
Work-Study Balance
International students can work up to 20 hours per week during academic sessions and full-time during scheduled breaks. Many MBA students take up part-time jobs or internships to gain industry exposure and manage living expenses while studying in Canada.
Accommodation Options
Students can choose from on-campus residences, homestays, or off-campus apartments. While first-year students often opt for university housing for convenience, many graduate students prefer private rentals for more independence and space.
Cultural and Social Exposure
Canada’s multicultural society enables students to experience a wide range of cultural traditions, food, and languages. Universities actively support diversity through cultural events, student clubs, and inclusion programs, enriching life outside the classroom.
Student Blogs & Vlogs
International MBA students frequently share real-life experiences through blogs, YouTube channels, and social media. These platforms offer authentic insights into campus life, academic workloads, budgeting, and settling in—making studying in Canada more approachable.
Hear from MBA aspirants who successfully achieved their academic goals with our expert guidance.
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