Update on 2024-04-15
Let's look at why Canada is a better choice for an MBA study abroad than any other country before discussing the finest MBA universities in Canada.
It is well known that MBA programs are expensive and require strong financial support in order to be pursued. Particularly when compared to MBAs from universities in the USA, an MBA from a Canadian university is more inexpensive due to the comparably lower tuition costs.
After graduating from a Designated Learning Institution, Canada issues a Post Graduate Work Permit. The duration of the course determines how long the permit will be valid.
Therefore, if you complete a program that is less than two years in length, the permit's validity will likewise be for that amount of time. You will, however, be granted a three-year work permit if your MBA is two years or longer. Canada also offers distinct point-based permanent residence programs.
After earning an MBA in Canada, you may be confident that your money will be well spent. Your starting salary after receiving an MBA should be around CAD 94,021. Furthermore, Canada has one of the highest employability rates in the world at 85%.
One of the countries that are most welcoming to immigrants is Canada, which supports immigration. Their immigration policies are intended to draw in more people and ease their transition.
Here are Rankings for MBA Programs that offer a thorough overview of the top universities.
1. Rotman School of Management, Toronto
Rotman School of Management is a renowned Canadian business school. The University of Toronto stands out as one of the best universities due to its exceptional academic program. The international setting of the university and its emphasis on the world give even more appeal to the course.
Salary | CAD $112,897 (INR 68 Lakh) |
Course Duration | 2 years |
Course Fee | CAD $133,740 (INR 82 Lakh) |
GMAT Score | 700 |
Size of Class | 278 |
Average Work Experience | 5 Years |
2. Smith School of Business, Kingston
Queen's School of Business has long been recognized as one of the top business schools in the world. With a reputation for using cutting-edge methods to teach business.
Salary | CAD $135,856 (INR 82 Lakh) |
Course Duration | 12 Months |
Course fee | CAD $104,100 (INR 63 Lakh) |
GMAT Score | 645 |
Size of Class | 78 |
Average Work Experience | 4 Years |
3. Ivey Business School, Western Canada
The one-year MBA program at Ivey, which begins in March, is intended for high-achieving leaders who want to advance their professional achievements. The prestigious MBA program at Ivey is home to a diverse group of students from different racial and ethnic origins.
Salary | CAD $117,525 (INR 72 Lakh) |
Course Duration | 12 Months |
Course fee | CAD $139,000 (INR 84 Lakh) |
GMAT Score | 665 |
Size of Class | 140 |
Average Work Experience | 5 Years |
4. Desautels Faculty of Management, McGill
The corporate environment is as dynamic as business education. The Desautels Faculty of Management MBA program at McGill University is renowned for being up-to-date with industry standards.
Salary | CAD $93,389 (INR 57 Lakh) |
Course Duration | 1-2 Years |
Course Fee | CAD $99,600 (INR 61 Lakh) |
GMAT Score | 655 |
Size of Class | 80 |
Average Work Experience | 5 Years |
5. Schulich School of Business - York University, Toronto
With an international, creative, and diverse student body, the Schulich School of Business is undoubtedly one of the best business schools in Canada. The accomplished and devoted alumni of the Schulich MBA offer an unparalleled experience.
Salary | CAD $94,200 (INR 58 Lakh) |
Course Duration | 3-4 Years |
Course Fee | CAD $112,250 (INR 68 Lakh) |
GMAT Score | 660 |
Size of Class | 328 |
Average Work Experience | 5 Years |
6. UBC Sauder School of Business, Endowment Lands
The University of British Columbia's Sauder School of Business offers a 16-month full-time business program. It is one of the top academic business schools in the world. Students at Sauder receive world-class education so they can become future business leaders.
Salary | CAD $89,000 (INR 56 Lakh) |
Course Duration | 16 Months |
Course Fee | CAD $90,000 (INR 68 Lakh) |
GMAT Score | 550 |
Size of Class | 110 |
Average Work Experience | 4 Years |
7. Alberta School of Business, Alberta
The renowned Alberta University in Canada's business school is known as the Alberta School of Business. Both it's undergraduate and graduate programs are renowned at ABS.
Students can enroll in core MBA courses together with an internship program.
Salary | CAD $79,800 (INR 50 Lakh) |
Course Duration | 20 Months |
Course fee | CAD $60,200 (INR 37 Lakh) |
GMAT Score | 590 |
Size of Class | 48 |
Average Work Experience | 6 Years |
8. Concordia (John Molson)
One of Canada's top schools for the MBA program is Concordia's John Molson School of Business. According to QS World University Ranking 2025, John Molson continuously falls outside of the top 10 MBA programs in Canada.
Salary | CAD $99,500( INR 62 Lakh ) |
Course Duration | 20 Months |
Course fee | CAD $130,000( INR 80 Lakh ) |
GMAT Score | 620 |
Size of Class | 90 |
Average Work Experience | 3 Years |
9. HEC Montréal, Quebec
HEC Montreal is one of Canada's top business schools. It is listed among the top business schools in the world. The university offers some of the best MBA programs in Canada.
The management program at HEC Montreal places a lot of focus on managing in real-world circumstances. The expertise, skills, and experiences of their peers would be beneficial to the working professionals enrolling in this program.
Salary | CAD $93,500 ( INR 56 Lakh ) |
Course Duration | 24 Months |
Course fee | CAD $56,000 ( INR 34 Lakh ) |
GMAT Score | 540 |
Size of Class | 110 |
Average Work Experience | 3 Years |
10. Dalhousie University
One of the top universities in Canada for undergraduate and graduate studies is Dalhousie University. Dalhousie draws students by offering the greatest MBA program with the appropriate practical expertise. It provides students with full-time MBA and online MBA programs.
Salary | CAD $94,500( INR 64 Lakh ) |
Course Duration | 24 Months |
Course fee | CAD $85,000( INR 50 Lakh ) |
GMAT Score | 510 |
Size of Class | 95 |
Average Work Experience | 3 Years |
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