Mba in Canada for Indian Students
Mba in Canada for Indian Students - Apply now for 2023-24 Intakes
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The Great White North is a perfect study destination if you wish to spend all your study years in a vibrant and diverse environment. Canada is one true example of having a diversified population and a thriving student community. The country suits all kinds of students’ financial situations by establishing all types of colleges: community colleges, polytechnic colleges and universities. These colleges have set up a minimal and affordable tuition fees, making students’ study-abroad dream a reality. More importantly, students don’t have to worry about their safety as it is one of the most-peaceful countries in the world, ranking in the 12th place in the Global Peace Index. To provide students with the best study experience, Canada’s universities have set up an excellent curriculum and implemented the best student-friendly policies for immigration and work opportunities. Irrespective of your degree program choice, Canada ensures a perfect study environment, providing all the facilities to help them complete their studies and gain exceptional knowledge in the best way possible. |
Table of Content
- Why MBA in Canada?
- Best MBA Colleges in Canada for Indian Students
- TOP MBA Courses in Canada
- MBA in Canada Fees
- MBA Tuition Fees in Canada for International Students
- Cost of Living in Canada
- MBA in Canada Requirements
- MBA Scholarship in Canada
- Jobs After MBA in Canada
- Salary After MBA in Canada
- Work permit after MBA in Canada
Why MBA in Canada?
- In the present-day,Canada boasts a group of top 8 universities, popular for providing the best platform to study Business degrees, each ranking within the top 250 business schools of the world.
- Among the 8 universities, four rank in the top 100, providing students the best possible education.
- Business degrees like MBA is ranked as one of the top and most-popular courses to study in Canada.
- Internation students studying at a DLI (Designated Learning Institute) in Canada are eligible to apply for a PGWP (Post Graduation Work Permit), which allows them to stay for three years after graduation to find a job.
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Canada boasts some of the best-established and popular organisations to work in and gain a work experience that serves them the best for their future career growth.
Types of MBA in Canada
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International MBA (IMBA) - International MBA is the study of business practices to lead and run businesses in a global market. Both aspiring and established business persons can pursue the program to learn and understand more about international business relations, practices and ethics. The duration of the IMBA in Canada is 2 years.
- Executive MBA (EMBA) - Executive MBA is purely for working professionals who already have 8 to 10 years of experience in managerial and leadership roles. Executive MBA teaches more about advanced business practices, including learning professional management and leadership skills to run businesses more competitively. The duration of an EMBA is 2 years in Canada.
- Full-time MBA - Full-time MBA is the traditional MBA which has been in practice since its inception. In Full-time MBA, students learn about the general and necessary business ethics, principles and practices, to run a business efficiently. Like other MBAs, the duration of full-time MBA is 2 years in Canada.
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Part-time MBA - Part-time MBA is for working professionals who don’t want to quit their day job. In part-time MBA, students can study all about the degree program just like full-time MBA students but for a duration of 3-4 years.
Best MBA Colleges in Canada for Indian Students
|
S.No |
University |
World Rank |
Average Annual Tuition Fees |
|
1. |
Rotman School of Management, University of Toronto |
18 |
$131,120 |
|
2. |
Queen’s Smith School of Business |
80 |
$102,100 |
|
3. |
Ivey Business School, Western University |
92 |
$120,500 |
|
4. |
Desautels Faculty of Management, McGill University |
64 |
$99,500 |
|
5. |
Schulich School of Business, York University |
13 |
$106,900 |
|
6. |
UBC Sauder School of Business |
35 |
$90,057 |
|
7. |
Alberta School of Business |
136 |
$60,000 |
|
8. |
John Molson School of Business, Concordia University |
78 |
$41,500 |
|
9. |
HEC Montreal |
156 |
$54,000 |
|
10. |
Rowe School of Business |
150-200 |
$82,205 |
Top MBA Specialisations in Canada
- MBA in Finance - With numerous acclaimed financial institutions promoting the growth of the country’s economy, Canada has become a popular destination for attracting finance aspirants and graduates. A pure study of Finance, students enrolling in the specialisation can perform well in the finance sector and become an asset for the economy's growth.
- MBA in Marketing - Another well-performing MBA specialisation in Canada is Marketing. In the present-day’s scenario, marketing is much needed for every product and service. Marketing specialists are in high demand to analyse the current market trend and the customers' needs.
- MBA in Human Resources - MBA in Human Resources in recent days has become the popular choice of specialisation for most of the MBA aspirants. It is a complete study of effective recruitment and other processes of employee hiring and management.
- MBA in Supply Chain Management - An MBA in Supply Chain Management is the study of administration and management of flow of goods and the processes of transforming them into finished products. This is an another specialisation that is currently popular, giving a sure return on investment in the form of high-end jobs and handsome salaries.
- MBA in Operations - Studying MBA in Operations Management gives you a great edge because IT organisations are in need of capable and efficient professionals who can proficiently administer and run their business and ensure its operations run as smoothly as possible. If this is your choice, then you can be sure of having a great start to your career and be that potential candidate every organisation desire
MBA in Canada - Cost
Pre-Departure costs
|
Expenses |
Cost in CAD |
Cost in INR |
|
Application Cost |
$150 |
Rs. 9,206 |
|
Student Visa |
$235 |
Rs. 14,424 |
|
Health Insurance |
$600 to $900 |
Rs. 36,827 to Rs. 55,240 |
|
English Language Test Application |
$215 to $310 |
Rs. 13,196 to Rs. 19,027 |
|
Airfare |
$1500 |
Rs. 92,068 |
Post-departure Cost
|
Expenses |
Cost in CAD/Year |
Cost in INR/Year |
|
Accommodation |
$7,500 |
Rs. 4,60,340 |
|
Food and Grocery |
$400 |
Rs.24,551 |
|
Transportation |
$150 |
Rs.9,206 |
|
Tuition Fee |
$6,800 (UG) $21,100 (PG) |
Rs.4,17,375 (UG) Rs.12,95,091 (PG) |
MBA in Canada - Requirements
- All Academic Transcripts - High school, UG and PG
- Score Certificate of English Language Proficiency Exam you attended.
- GMAT/GRE score
- Work experience certificate
- Statement of Purpose (SOP)
- Letters of Recommendation (LORs) - Maximum 2
- Updated Resume/CV
- Proof of Fund
- Study Visa
To study MBA in Canada, students must meet certain requirements set by the Canadian universities.
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Pursued a bachelor’s program in any stream at any accredited educational institution.
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Must hold 50 to 60% in the bachelor’s degree.
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Passed the GMAT/GRE with the required score.
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Must have work experience of 2 to 3 years.
- Taken any English Language Proficiency exam.
- Attended the GMAT/GRE.
- IELTS - Minimum 6.0 and above.
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TOEFL - Minimum 80 and above.
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Duolingo - Minimum 120 and above.
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GMAT - Minimum 550 and above.
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GRE - Minimum 320 and above.
MBA Scholarships in Canada
|
S.No |
Scholarship |
Eligibility |
Amount in CAD |
|
1. |
Ontario Graduate Scholarship |
Should pursue a full-time MBA |
$15,000 |
|
2. |
Rotman School of Management Scholarships |
Must be a Rotman Business School student |
$20,000 |
|
3. |
Sauder School of Business Entrance Scholarship |
Possessing outstanding leadership skills and academic achievement |
$10,000 |
|
4. |
Alberta MBA Scholarships |
Must have enrolled in a full-time MBA program at Alberta University |
$10,000 |
|
5. |
Ivey MBA Scholarships |
Showcasing competitive qualities like leadership and academic achievement |
$10,000 |
|
6. |
Haskayne School of Business MBA Entrance Scholarships |
Must be from a not so sound financial background |
$1,500 to $20,000 |
|
7. |
Schulich School of Business Scholarships |
Enrolled through Merit at Schulich |
$20,000 |
Jobs and Salary After MBA in Canada
With more powerful finance organisations, MBA aspirants don’t have to worry about pursuing an MBA degree in the country. The most-rewarding jobs that can be availed in Canada as an MBA graduate are given below.
|
Jobs |
Top Employers |
Salary in INR |
|
Financial Analyst |
EY, KPMG |
Rs. 98,24,948 |
|
Chief Finacial Officer |
QAcademy |
Rs. 1,49,21,640 |
|
Marketing Manager |
Microsoft, HOYA Vision Care |
Rs. 1,28,33,839 |
|
Marketing Development Manager |
Trelleborg Sealing Solutions |
Rs. 1,02,54,790 |
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Chief Marketing Officer |
FilSwan |
Rs. 1,36,93,522 |
|
Human Resource Manager |
Scotiabank |
Rs. 1,09,30,255 |
|
Recruiting Manager |
McKinsey & Co, Amazon Advertising Canada |
Rs. 1,07,46,037 |
|
Supply Chain Manager |
Capgemini, KPMG |
Rs.1,38,77,740 |
|
Chief Operating Officer |
Prairie Center Credit Union, Vessi |
Rs. 1,28,33,839 |
How to get a Work Permit after completing an MBA in Canada?
To work in Canada after completing your studies, you must hold a valid student visa permitting you to apply for a PGWP, which is also called Open Work Permit. Upon nearing your final year, you are required to apply for a Post Graduation Work Permit (PGWP) before 180 days of completion of your study. The PGWP allows you to stay back and look for a job for a period of 3 years. Your stay-back period depends on the length of your study program.
PGWP also allows you to work as an immigrant in any sector of the country, irrespective of the course you chose. As an immigrant, you can work for the period approved by your employer. To continue your stay, you will require an employment-specific work visa, which your employer will arrange for you.
