5 Remarkable Universities in Canada for MBA 

5 Remarkable Colleges in Canada for MBA

Master of Business Administration (MBA) is a much sought-after program. It provides one with endless job opportunities. The vast opportunities that await an MBA graduate motivate many to pursue the program. And Canada, with its high-quality education and affordable tuition fees, is the perfect place to study MBA.

If you are here, you might also be planning to pursue MBA in Canada. You’ve made the right decision. I’ve made a list of the best universities in Canada for MBA for you.

Best Universities in Canada for MBA

Schulich School

Schulich School is the Business school of Queen’s University. It has been named the best school in Canada for MBA by CNN Expansion, the Economist, and Forbes.

The Schulich School aims to equip its students with specialized knowledge and leadership skills that will help them gain a competitive advantage. Students can hone their skills in their area of interest from an extensive 17 areas of specialization provided by the school. Schulich School offers flexible study options so the students can switch between full-time and part-time enrollment.

The faculty at Schulich School combines classroom learning with real-world experience. The students will also have a two-term strategic consulting project where they will have to work with clients on real business problems.

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Eligibility Criteria

  • Applicants must have a minimum average grade of B in the last 2 years of their undergraduate degree
  • Applicants with a 3-year degree must have 1 year of work experience

Tuition fees for international students

26,722 CAD per term

University of Toronto

The University of Toronto is an institution that has consistently ranked no. 1 in Canada. The MBA program at the University of Toronto lasts for two years and is a full-time program. Students may specialize in one major.

Getting an MBA from the University of Toronto will help students enhance their knowledge and skills. The MBA program at the U of T blends theory with practical knowledge and prepares students for professional success.

It includes 14 months of academic study and an opportunity to do an internship for 4 months. The dedicated faculty’s supervision and feedback ensure that the students are at the top of their game.

Eligibility Criteria

  • A 4-year bachelor’s degree from a recognized institution in a field related to commerce
  • Or a master’s degree with a first-class grade in a field related to commerce
  • Transcripts from universities and board exams
  • language proficiency test score
  • letter of recommendation
  • statement of purpose
  • Proof of funds

Tuition fees

49395 CAD

Students studying

The University of British Columbia

The University of British Columbia is a prestigious university in Canada. It offers Aa full-time MBA program that is of 16-month duration. Its MBA program integrates an innovative curriculum with new technologies and teaching methods.

Students can major in any of these areas:

  • Finance
  • Innovation & Entrepreneurship
  • Custom
  • Technology & Analytics Leadership
  • Product & Service Management

Eligibility Criteria

  • GMAT or GRE scores of 550 and 310, respectively
  • A PTE score of 70
  • A TOEFL score of 100
  • An IELTS score of 7.0

Tuition fee for international students: $90,056

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University of Alberta

The University of Alberta is a leading institution in Canada that was founded in 1908. Its MBA program, which is of a duration of 20 months, aims to equip students with business knowledge and sought-after skills to further their careers.

University of Alberta’s MBA program follows a teaching approach of blending lectures, case studies, and applied to learn.

Eligibility Criteria

  • A four-year bachelor’s degree or its equivalent from a recognized university
  • A minimum of 3.0 GPA 
  • GMAT or GRE scores of 550 or 300+ respectively 
  • 60 credits of undergraduate study
  •  English proficiency test score
  • At least two years of work experience after graduating from college.
  • Records of work experience 
  • Volunteer and education experiences

Tuition fees

21,211 CAD per year

student taking notes

McGill University

McGill University is the seventh oldest university in Canada. Its MBA program focuses on AI, financial technology, data analysis, and design thinking which most other universities seem to neglect.

The MBA program of McGill University allows students to personalize their degree in a way that will give them a competitive edge and suits their career goals. It also provides a one-week workshop to ensure that the students have a basic level of quantitative competency. The students are provided with an amazing learning experience by means of interactive classes and case studies.

Eligibility Criteria

  • 2 year’s work experience
  • 2 letters of recommendation
  • academic transcripts
  • GMAT or GRE
  • English Proficiency Test Scores ( TOEFL iB : overall score of 100 with a minimum score of 20 in each category or IELTS Academic: overall score of 7.0

Tuition Fees

99,500 CAD


Is pursuing an MBA in Canada worth it ?

Yes, MBA is a much sought-after course since it opens an ocean of opportunities for an individual and also results in salary increment. People with an MBA degree are one of the highest-paid professionals in Canada. Moreover, Canada provides a world-class education that is recognized worldwide. Canada has some of the best universities in the world, and pursuing MBA from one of those institutions will only help you gain knowledge and have a great career.

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Is IELTS necessary for MBA in Canada?

Yes, IELTS is necessary for pursuing an MBA in Canada you come from a country where English wasn’t the primary language of communication to prove your proficiency in English. There are other English proficiency tests too. Check the university website to know if the university you want to apply to accepts other English proficiency tests such as TOEFL and CAEL. The minimum IELTS band score required for MBA is 6.5.

Is GMAT a difficult exam?

Yes, the GMAT is a very difficult exam. It takes a lot of effort and hard work to score good marks on the GMAT exam. Every year thousands of students take the GMAT exam, and only 6% of them are able to score 720 or more. To pursue MBA in Canada, you can either write GMAT or GRE exam. Universities accept both GMAT as well as GRE scores. So you can attempt cracking one of these exams to pursue MBA in Canada.

What are the requirements for pursuing MBA in Canada?

The requirements for pursuing MBA in Canada are as follows:

  • A four-year bachelor’s degree or its equivalent from a recognized university
  • GMAT or GRE scores
  •  English proficiency test score
  • Transcripts from universities and board exams
  • some universities require you to have work experience

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