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Low Cost MBA In Canada

Low Cost MBA In Canada

If you're thinking about getting an MBA, In that case, Canada is a popular destination for studying abroad that attracts many international students every year. Students from south Asian nations such as China, India, and others make up a significant portion of Canada's international MBA student community. Because Canada has such a significant international student population, it assures that students on a budget have access to various less expensive education opportunities. We have figured out some of the low cost MBA in Canada.

The low cost of attending one of Canada's less expensive Courses offered does not mean that the quality of education or opportunities available to MBA graduates after graduation is compromised. You can indeed find the best and low cost MBA in Canada. Stay connected till the end of the article.

Low Cost MBA In Canada 2022

There are numerous reasons to pursue a low cost MBA in Canada 2022. Canada boasts some of the best and most less expensive business schools in the world. In addition, six Canadian business schools were placed among the top 100 in the world. Canada offers a high rate of return on investment (ROI), as well as a high rate of post-degree employment and job prospects, in addition to quality education, global rankings, and inexpensive fees. Also, Canada is the world's second-easiest place to start a business.

Furthermore, after completing their education, students can work anywhere in Canada with the Post-Graduate Work Permit (PGWP). There are numerous programmes available to apply for Permanent Residence (PR), such as the Canadian Experience Program.

Finally, most business schools in Canada offer scholarships to students who thrive academically. 

Must Read: MBA in Canada for Indian Students

Most Affordable MBA Programs in Canada

Canada is comparable to the United States, but the programmes are one-fourth the price in terms of educational standards. Now that Canadian colleges are trying to attract international students, the prices for Indian students are not as exorbitant.

The TOP MBA schools may demand a hefty tuition fee of around $40,000. However, several colleges have reasonable costs and respectable international rankings while providing Canada's most affordable MBA program. Additionally, you can offset the costs by working part-time while studying. So, if you're looking for a low-cost MBA program, 

Here is a list to get you started.

University Programs
Memorial University of Newfoundland MBA
University of New BrunswickMaster Of Business Administration (MBA) and Juris Doctor (JD)
University of VictoriaDaytime MBA
Laval UniversityMBA
McMaster UniversityMBA
University of SherbrookeMBA
Concordia UniversityMBA
Vancouver Island UniversityMBA
Carleton UniversityMBA
Saint Mary's University - Sobey School of BusinessMBA
The University of Alberta - School of BusinessMBA
Simon Fraser University - Beedie School of BusinessMBA
Ryerson University - Ted Rogers School of ManagementMBA
University of Calgary - Haskayne School of BusinessMBA
The University of Alberta- School of BusinessMBA in Innovation and Entrepreneurship
Athabasca University- Faculty of BusinessMBA in Supply Chain Management

Low Cost University in Canada for MBA

Many MBA colleges in Canada provide outstanding programs with skilled instructors, cutting-edge infrastructure, and professional chances for a low cost. A two-year full-time MBA program in Canada also offers a three-year work permit. This can support long-term integration in Canada.

So, if you want to do an MBA in Canada but cannot afford the high tuition, this post will help you achieve your goals.

Let us have a look at some of the low cost universities in Canada for MBA:


QS World University Rankings: 2022


Tuition Fees 2022

Toronto (Rotman)




Queen's (Smith)




Western (Ivey)


Accelerated MBA


McGill (Desautels)


Full Time MBA


York (Schulich)




UBC (Sauder)




Alberta School of Business




Concordia (John Molson)




HEC Montréal


Executive MBA


Dalhousie (Rowe)


M.B.A Leadership


McMaster (DeGroote)




Brock (Goodman)




Telfer School of Management




Simon Fraser (Beedie)




Saint Mary's (Sobey)




Wilfrid Laurier (Lazaridis)




Haskayne School of Business




Victoria (Gustavson)




Ryerson (Rogers)




Saskatchewan (Edwards)




Low Cost MBA Colleges in Canada for International Students

Suppose you want to pursue this degree at a Canadian university or school. In that case, a blog discusses the various components of a low-cost MBA in Canada and the various institutions and schools that offer this popular curriculum.The cost of an MBA in Canada varies depending on the program's duration, nature, structure, and popularity. Furthermore, since a few states are French-speaking, the location and language of instruction impact the costs charged. Here are the various colleges from which you can pursue. 

The list of Low Cost MBA colleges in Canada for International Students are as follows:

  • Memorial University of Newfoundland
  • University of Northern British Columbia
  • University of Manitoba
  • University of Saskatchewan
  • Saint Mary's University
  • Sprott School of Business, Carleton University
  • HEC Montreal
  • University of Waterloo
  • John Molson School of Business, Concordia University
  • University of Ottawa
  • Universite Laval
  • Ted Rogers School of Management, Ryerson University
  • University of New Brunswick
  • Wilfrid Laurier University
  • University of Prince Edward Island

Low Cost MBA in Canada: Eligibility & Requirements

The following are some of the basic requirements for MBA admission:

Most institutions need applicants to submit a GMAT score to be considered for admission. You must register for the GMAT test on the official GMAT website. Furthermore, each college has its GMAT score criterion. So, before you start studying for the GMAT, you should have a target score in mind.

International applicants who wish to pursue an MBA in Canada must ensure that they meet the degree's basic criteria. You should be aware of the fundamental application process and eligibility requirements for top MBA programs in Canada. Some of the elements that overseas students should be aware of while applying for an MBA in Canada are listed below.

Although GMAT and work experience are required at most top colleges, numerous universities in Canada offer MBA without GMAT and MBA without work experience.

Some of the requirements to qualify for the low cost MBA in Canada are:

Bachelor's degree: A bachelor's degree from a recognized university or institution is required.

Job experience: The candidate must have relevant work experience, as institutions prefer applicants with work experience. It is not a prerequisite, but it does provide candidates with an advantage over others.

English Language Competency: If the candidates are from a nation where English is not the native language, they must demonstrate their English proficiency. To be admitted, they must obtain a decent IELTS or TOEFL score.

GMAT: A high GMAT score is essential for admission to a top university or college in Canada to pursue an MBA programme.

Must Read: Eligibility for MBA in Canada for Indian Students

Some other requirements for low Cost MBA in Canada

Standardized Visa and Immigration Procedures:

Every student who has ever considered studying abroad knows that the complicated Canada Student Visa and Immigration procedure may be a significant deterrent. MBA applicants would benefit from immigration-friendly policies and the chance for Indian students to obtain a speedier visa.

Canada's financial services sector is robust, with an annual growth rate of roughly 11.6 percent from 2007 to 2017. In Canada, MBA graduates have more options to work in the field.

The doors of entrepreneurship are always open for an MBA graduate in Canada, thanks to government assistance for SMEs and start-ups.

Quick Read: Canada Student Visa

Low Cost MBA in Canada: Admission Process

International applicants who wish to pursue an MBA in Canada must ensure that they meet the degree's basic criteria. You should be aware of the fundamental application process and eligibility requirements for top MBA programmes in Canada. Some of the elements that overseas students that should be aware of while applying for a low cost MBA in Canada are listed below.

International students should know that a four-year bachelor's degree, GMAT score, English proficiency, and previous work experience are essential prerequisites for an MBA in Canada. In Canada, there are additional paperwork requirements for an MBA. Most B-schools in Canada require an IELTS Score of 7.0 and a TOEFL Score of 100.

Online Application: Each university has its application portal where applicants must register and fill out an application form. In some situations, you may need to fill out applications using province-specific application portals such as OUAC/ApplyAlberta.

Application Cost: Candidates must pay an application fee in addition to completing the online application (in Canadian funds). When submitting the online application form, this charge can be paid by credit card and is non-refundable.

Although GMAT and work experience are required at most top colleges, numerous universities in Canada offer MBA without GMAT and MBA without work experience.


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