Master’s In Business Management in Canada

Business management is undoubtedly the most popular program in Canada among international students. Students or professionals who wish to hone their management skills or those who wish to start their businesses often wish to pursue a course in business management. The universities in Canada are known to have the best faculty, and every program is carved out quite thoughtfully. 

Canadian universities welcome students from all over the world, and students who complete their graduation have lucrative careers. Also, most of the universities in Canada offer good scholarships based on merit. Let us in this article find out more about top universities to pursue a Master’s in Business Management in Canada, the programs offered, and fees, etc.

Master’s In Business Management in Canada: Course Highlights

Degree/ University

Duration

Average fees in CAD

Course Type

General Eligibility

Exam required

MSc International Business

 

16 months

72,000.00 CAD – Full Course Fee

Full-time

  • Bachelor’s degree
  • English proficiency test scores

IELTS /TOEFL / PTE

MBA In International Business 

20 months

28,281 CAD/Year

Full time

  • Bachelor’s degree
  • English proficiency test scores

IELTS /TOEFL / PTE

Master of Global Business

1 year 16 months

36,994 CAD/Year

Full-time

  • Bachelor’s degree
  • English 

IELTS /TOEFL / PTE

One-Year Executive MBM

13 months

116,542 CAD

Full -time

  • Bachelor’s degree
  • English proficiency test scores

IELTS /TOEFL / PTE

DAN Management & Organisational Studies

1 year

50,000 CAD per year

Full-time

  • Bachelor’s degree
  • English proficiency test scores

IELTS /TOEFL / PTE

Why study Master’s In Business Management in Canada? 

Master’s in Business Management is a very popular course in Canada, as the program offers basic business management and enhances the students’ leadership skills. The knowledge the student gains from these programs can be implemented across industries.

Reputed Universities – Canada has several popular universities offering excellent MBM programs. More than 21 universities from Canada were ranked in the World University Ranking 2022 list from QS. The choice of management programs is plenty.

Best city for students – Canada is quite welcoming, and the cities here are perfect for international students. As per the Best Cities 2022 rating, five Canadian cities ranked in the list of 150. The student-friendly cities include Quebec, Montreal, Ottawa, Toronto, and Vancouver. 

Stay-back option – The Canadian government has provided a very convenient option for those students who want to stay back after graduation and look for a suitable job. The government provides 180 days after the course completion, during which the student can apply for a work permit. 

Excellent work opportunities – The universities in Canada often collaborate with multinational companies to provide campus placements to students. In addition, more than 50 universities provide co-op programs where students can work in a similar field and receive a stipend or remuneration. 

Types of Masters in Master’s in Business Management in Canada 

Students looking for a specialization in Master’s in Business Management can find excellent options in Canada. The universities here offer excellent programs; a few are specially crafted for international students. Added below is the list of the same.

  • Master’s in Business Management
  • International Master of Business Management
  • Master of Science in Business Administration
  • MSc in International Business

Students can also find various one-year and two-year executive programs like Master of Management, Professional Master of Business Management, Certificate Management, etc.

Best Universities for Master’s in Business Management in Canada

Most of the universities are the best and offer excellent programs for Master’s in Business Management in Canada. Therefore, it can be said that there is no shortage of reputed universities in the top student-friendly cities in Canada.

Listed below are the best universities for a Master’s in Business Management in Canada. 

Top Universities

World Ranking

Program Offered

Annual Tuition Fees (CAD)

Application Deadline

University of Toronto

34

M.Mgmt Analytics

72,630

January 25, 2023

University of British Columbia

47

Master of Management

52,641

Round 2 Application Deadline: January 10, 2023
Round 3 (Final) Application Deadline: March 14, 2023

McGill University

31

M.Mgmt Finance

60,345

January 15, 2023

University of Manitoba

651-700

Master’s in Management

18,969

Fall: February 1, 2023

University of Windsor

751-800

Master of Management

29,400

The application is currently open for Winter 2024 

Now that we know about the universities let us check out the curriculum, the eligibility, and a little more about the admission process. 

Eligibility Criteria for Master’s in Business Management in Canada

The eligibility criteria for a Master’s in Business Management in Canada can differ based on the program and the university chosen. However, a few general guidelines for the same, common in most Canadian universities, are added below.

  • Students need to have an undergraduate degree or its equivalent.
  • GRE / GMAT scores, as mentioned by the university
  • Related work experience, if any
  • English language test scores
  • Valid passport and study visa

Students can check the detailed checklist of the documents required, along with the eligibility criteria, on the official website of the universities. Most of them also mention the scores required in English language tests like TOEFL, IELTS, and GRE/GMAT.

Admission Requirements for Master’s in Business Management in Canada

The admission requirements for a Master’s in Business Management in Canada include the eligibility criteria and the documents students must submit during the application process. Some of the documents that the students need to keep handy include the following,

  • Certificates of the educational qualifications
  • Updated resume
  • Letter of Recommendation
  • The State of Purpose
  • Scorecards of IELTS or TOEFL
  • Scorecards of GRE or GMAT
  • Certificate of work experience, if any
  • A write-up about why you wish to study the program in Canada: students can also include their interests and achievements, if any.

Admission Process for Master’s in Business Management in Canada

The overall admission process to apply for a Master’s in Business Management in Canada is not as hard as everyone assumes. Students with the required documents and the needed scores in the GRE/GMAT and English Language tests are often given admission to the university they apply for. Let us have a look at the step-by-step process behind the same.

  • The first step includes finalizing the course you wish to pursue with the university. 
  • Once you find the best university, you can collect all the information about the program, eligibility, etc.
  • Now, proceed with the online application. First, duly fill in all the details required without any errors. Then, upload the documents as required. 
  • Pay the application fee, if any.
  • Once your application is approved, you will receive an email asking for an interview. Again, prepare well as you can showcase your skills and knowledge during this stage.
  • If your application and interview are both approved, you will receive a letter of acceptance confirming your admission into the university.
  • Reply to the university with your content, and apply for the study permit next.

Cost of Studying for Master’s in Business Management in Canada

Studying for a Master’s in Business Management in Canada includes various costs. Let us check it out in detail.

Application and Travel – Once you have decided to pursue a Master’s in Business Management in Canada, you will have to apply for the same online, and most of the universities charge an application fee. Once the application is approved, you will have to apply for a student visa and book the travel tickets. These are the costs you will have to consider.

Tuition fees – Apart from those mentioned above, students will have to pay the tuition fees based on the course they opted for. Some universities offer scholarships and internships, but the students still need to keep the funds ready for the remaining fees, books, etc.

Cost of living – Another cost factor students need to consider when traveling to Canada to pursue a Master’s in Chemistry is the overall cost of living. These costs include accommodation, traveling, food, utility bills, and other miscellaneous costs.

Scholarship and Financial Aid for Master’s in Business Management in Canada 

The universities in Canada offer excellent scholarships to deserving students. These scholarships are given to international students based on their skills and merit. Some of the basic details about the same are mentioned below. Students can contact the university they are applying to for more details. 

Name of the Scholarship               

The Stipend Provided 

Education Future International Scholarship

CAD 3,232 - 16,164

Conestoga College International Degree Entrance Scholarships

Up to CAD 1,900

Ambedkar Overseas Vidya Nidhi Scholarships For SC

CAD 16,164

MBA Indigenous Entrance Scholarships

CAD 10,000

Michael Lang Youth and Leadership MBA Award

CAD 10,000 - 40,000

Career Opportunities after Master’s in Business Management in Canada 

Students who have completed their Master’s in Business Management in Canada can expect an average salary of CAD 60,000 per year. This again depends on the company you are working for and the job role. Most universities encourage campus selections, and merit students often land a good job opportunity as soon as they graduate.

Listed below are a few job profiles and the average salary.

Master’s in Business Management in Canada

Average Annual Salary (in CAD)

Management consultant

96457

Business Analyst

83855

Supply Chain Manager

80357

Business Manager

67523

Account Manager

58765

The friendly and welcoming nature of the locals, the study and work permit rules, and the excellent Master’s in business management programs are some of the many reasons why students wish to pursue their higher education in Canada. 

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Post-Baccalaureate Diploma in Business Management

Cape Breton University, Canada

  • DURATION
    2 Years
  • FEES
    INR 10.67L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    SEP 2024

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