Pursuing a Master of Business Administration (MBA) degree from a reputable university in Canada can prove to be incredibly beneficial for career advancement.Â
Canada is one of the most popular study-abroad destinations for pursuing an MBA owing to the presence of top-tier universities, a phenomenal education system, part-time and post-study work opportunities, and competitive salaries.
Moreover, Canada has lucrative immigration policies, a diverse cultural setting, an overall inclusive approach, and excellent quality of life making the country a highly sought-after destination for pursuing higher education. Whether you are an international student aspiring for a globally recognized degree or a native applicant looking to enhance your career prospects, the top universities in Canada for MBA present a wealth of opportunities.Â
From the bustling universities of Toronto and Vancouver to the tranquil campuses of Montreal and Calgary, each university offers unique strengths. So, let’s explore the top 10 universities in Canada for MBA and learn about their unique program offerings, distinctive features, and the myriad benefits they offer for their students.
MBA Degree: Types, Reasons, Concentrations, Cost
1. Schulich School of Business, York University
The business school is ranked number one in Canada by the Financial Times, Economist, CNN Expansion, and Forbes.Â
This pre-eminent school offers flexible study options, allowing students to accelerate their MBA or switch between part-time and full-time programs. Throughout the MBA program, you will be able to seek guidance from the in-house team of industry advisors and certified career coaches and access the Centre for Career Design (CCD) and other innovative resources for advanced learning.
| Location | QS Global MBA Ranking 2022 | Full-time MBA Fees (CAD, approx.) | Admission requirements | Top recruiters | Full-time MBA employment rate (3 months after graduation) | Average annual compensation (CAD) |
| 111 Ian MacDonald Blvd, North York, ON M3J 1P3, Canada | #81 | 106,888 | – An undergraduate degree from a recognized university with a minimum B average in the last two full years (or equivalent) of academic work – Acceptable GMAT or GRE scores – Minimum two years of relevant post-degree, full-time work experience – IELTS (overall 7) or TOEFL (100 iBT) as proof of English language proficiency | Amazon, CIBC, Deloitte, IBM, TD, P&G | 89% | 132,504Â |
2. Rotman School of Management, the University of Toronto
While studying in Canada pursuing an MBA from the Rotman School of Management can prove to be a catalyst for your career development owing to its matchless prestige, innovative curriculum, excellent learning facilities, and employment opportunities. The B-school is also recognized as one of the top universities in Canada for MBA finance.
At the Rotman School, you will be able to master the business fundamentals and avail yourself of hands-on learning opportunities to become a competent business professional in the future.
| Location | QS Global MBA Ranking 2022 | Full-time MBA Fees (CAD, approx.) | Admission requirements | Top recruiters | Full-time MBA employment rate (3 months after graduation) | Average annual compensation (CAD) |
| 105 St George St, Toronto, ON M5S 3E6, Canada | #13 | 136,410 | – Recognized undergraduate degree or equivalent – Acceptable GMAT/GRE scores or the equivalent Rotman EDT test score – TOEFL or IELTS score required for non-English language degrees – 2+ years of mid-to-senior management experience | Accenture, Deloitte, Bain & Company, Abbott Laboratories Inc. | 96% | 121,471 |
3. Smith School of Business, Queen’s University
The Smith School of Business is ranked # 1 among the top 75 in the world for overall satisfaction by the Financial Times. The B-school is focused on staying updated with the rapidly-changing business landscape and preparing its students for the same.Â
At the Smith School business, you are sure to benefit from their ingenious learning methodologies, world-class faculty, and scholarship facilities, along with customization, dual-degree, and international exchange provisions. Â
| Location | QS Global MBA Ranking 2022 | Full-time MBA Fees (CAD, approx.) | Admission requirements | Top recruiters | Full-time MBA employment rate (3 months after graduation) | Average annual compensation (CAD) |
| Goodes Hall, 143 Union St, Kingston, ON K7L 3N6, Canada | #76 | 129,190 | – A four-year undergraduate degree from a recognized university – GMAT(600+) or GRE (315+) scores – TOEFL, IELTS, PTE, or MELAB scores as proof of English language proficiency – A minimum of 2 years of full-time work experience | Amazon, BCG, Deloitte, RBC, P&G, Google, J&J | 98% | 135,898 |
4. Desautels McGill University
Founded in 1906, the Desautels Faculty of Management at McGill University is recognized as one of the best international business schools.Â
Located in the vibrant city of Montreal, the school offers flexible specializations in finance, marketing, business analytics, entrepreneurship, and global strategy and leadership. Also, you can avail of lucrative scholarships, internships, and exchange program opportunities for a rewarding MBA journey.
| Location | QS Global MBA Ranking 2022 | Full-time MBA Fees (CAD, approx.) | Admission requirements | Top recruiters | Full-time MBA employment rate (3 months after graduation) | Average annual compensation (CAD) |
| 1001 Rue Sherbrooke O, Montréal, QC H3A 1G5, Canada | #73 | 99,500 | – 2 years minimum full-time work experience – 2 Letters Of Recommendations – 2 Official transcripts – A valid GMAT/GRE Score – IELTS (7 overall) or TOEFL (iBT 100) – Interview (By invitation) – 3 Essay questions to be answered | AT Kearney, BCG, IBM, McKinsey, Google, Amazon, Meta, P&G | 94% | 115,058 |
5. Sauder School of Business, University of British Columbia
The MBA program at UBC Sauder’s Robert H. Lee Graduate School is specially designed for ambitious, high-achieving individuals who are passionate about becoming global business leaders.
The B-school offers progressive programs, believes in diversity and inclusion, provides support beyond the classroom, and fosters professional development and lifelong learning.
| Location | QS Global MBA Ranking 2022 | Full-time MBA Fees (CAD, approx.) | Admission requirements | Top recruiters | Full-time MBA employment rate (3 months after graduation) | Average annual compensation (CAD) |
| 2053 Main Mall, Vancouver, BC V6T 1Z2, Canada | #151-175 | 98,106 | -A four-year bachelor’s degree with a minimum B+ average, or recognized equivalent from an accredited institution – A minimum 550 GMAT score Or 155 GRE score on both the verbal and quantitative sections – IELTS (7 overall) or TOEFL (iBT – 100) – 3 to 5 years of professional work experience – 2 LORs | Amazon, Best Buy, Deloitte, Nestle, Royal Bank of Canada | 92% | 113,095 |
6. The University of Alberta
By pursuing an MBA at the University of Alberta, you are sure to be equipped with knowledge and skills to help you advance your career manifold. Also, this university is known as one of the top universities in Canada for MBA finance.
The Alberta School of Business offers dedicated career management programming to help students thrive in a corporate or entrepreneurial setting, a collaborative environment that extends beyond the classroom, outstanding faculty, and immense opportunities for personal growth and professional development.
| Location | QS Global MBA Ranking 2022 | Full-time MBA Fees (CAD, approx.) | Admission requirements | Top recruiters | Full-time MBA employment rate (3 months after graduation) | Average annual compensation (CAD) |
| 11211 Saskatchewan Dr. NW, Edmonton, AB T6G 2R6, Canada | #101-110 | 78,145 | – Recognized undergraduate degree with a GPA of at least 3.0 – A valid GMAT or GRE score – English Language Proficiency proof for Non-native English speakers – Professional work experience (2 years minimum) – Statement of Intent – Two letters of reference – Admissions interviews | AIMCo, ATB Financial, RBC Royal Bank, Syncrude Canada | 94% | 125,500 |
7. Ivey Business School
The Ivey Business School offers a 12-month MBA program ranked # 1 in Canada by Bloomberg Businessweek for seven years.Â
It is one of the top universities in Canada for an MBA in marketing, finance, operations management, and many other programs. The business school follows a case-based learning approach and an integrated curriculum and offers diverse experiential learning opportunities and personalized career support. Furthermore, the Ivey MBA community fosters a collaborative culture that helps students build long-lasting relationships beyond the MBA program.Â
| Location | QS Global MBA Ranking 2022 | Full-time MBA Fees (CAD, approx.) | Admission requirements | Top recruiters | Full-time MBA employment rate (3 months after graduation) | Average annual compensation (CAD) |
| 1255 Western Rd, London, ON N6G 0N1, Canada | #72 | 120,500 | – A completed university degree from a recognized institution – A valid GMAT or GRE score – A minimum of two years of full-time work experience – TOEFL or IELTS score – Two professional references – Online application including completion of two required written essay questions and two required video questions | McKinsey & Company, Deloitte, RBC, Johnson & Johnson | 97% | 121,000 |
8. University Canada West (UCW)
Established in 2004, University Canada West is a technology and business-oriented institution located in lively Vancouver.Â
The MBA program offered by UCW is ACBSP and NCMA-accredited and will prepare you to navigate the challenges in the corporate world through intelligent decision-making and drive success to your organization.Â
Also, the college has partnered with several prestigious tech and business companies including Amazon, Facebook, Salesforce, etc. to incorporate their expertise and the latest technology in the MBA course.
| Location | QS Global MBA Ranking 2022 | Full-time MBA Fees (CAD, approx.) | Admission requirements | Top recruiters | Full-time MBA employment rate (within a year of graduation) | Average annual compensation (CAD) |
| 626 W Pender St #100, Vancouver, BC V6B 1V9, Canada | #201-250 | 36,850 | – A bachelor’s degree from a recognized university with a cumulative GPA of 3.00 (on a 4.33 scale) or better OR successful completion of UCW’s MBA Foundation (MBAF) with a GPA of 3.00 – A valid GMAT or GRE score – A minimum 3 years of professional work experience with evidence of career progression – IELTS (at least 6.5) or TOEFL score | Scotiabank, Apple, Telus, Nestle, Oakville Trading | 95% | 110,000 |
9. John Molson School of Business
Established in 1974 by Concordia University, John Molson School of Business is located in the idyllic city of Montreal, Canada. Furthermore, the school’s MBA program is ranked among the top 3 in Canada for ROI and is AACSB accredited.
Pursuing an MBA from this institute is a great option owing to its world-class program, small class sizes, flexible schedule, experienced faculty, diverse and stimulating environment for learning, and strong alumni network.
| Location | QS Global MBA Ranking 2022 | Full-time MBA Fees (CAD, approx.) | Admission requirements | Top recruiters | Full-time MBA employment rate (3 months after graduation) | Average annual compensation (CAD) |
| 1450 Rue Guy, Montréal, QC H3H 0A1, Canada | #82 | 47,900 | – A bachelor’s degree from a recognized university( minimum GPA of 3.0/4.3) – Video interview – A statement of purpose (approximately 500 words) – 3 letters of reference – Online assignment form – A minimum GMAT score of 580 – TOEFL iBT (minimum score 95), Academic IELTS (minimum score 7.0), or Duolingo English Test (minimum score 120) | Apple, Ericsson, PWC, Aldo Group | 93% | 110,000 |
10. HEC Montréal
Founded in 1907, HEC Montréal, a bilingual public school, is recognized as the first established school of management in Canada. The B-school’s full-time MBA program is ranked among the world’s best by Bloomberg Businessweek, Forbes, Corporate Knights, and AméricaEconomÃa.
At HEC Montréal, you can enhance your business knowledge, leverage modern learning methodologies, get job-search assistance, and grow your professional network. In other words, you can expedite your professional development by leveraging the one-year regular MBA program at this prestigious B-school.
| Location | QS Global MBA Ranking 2022 | Full-time MBA Fees (CAD, approx.) | Admission requirements | Top recruiters | Full-time MBA employment rate | Average annual compensation (CAD) |
| 3000 Chem. de la Côte-Sainte-Catherine, Montréal, QC H3T 2A7, Canada | #151-200 | 59,000 CAD | – An undergraduate degree from a recognized university – At least 3 years of full-time professional experience – GMAT (minimum score required 570) or GRE (score equivalent to GMAT) – IELTS (minimum 7) or TOEFL iBT (95-114) | CGI, Chappuis Halder, Coveo, Deloitte, EY | 98% | 99,121 |
How to Apply for an MBA in Canada
Wrapping up
If you are aspiring to pursue a management degree from one of the top universities in Canada for an MBA, MSM Unify is the one-stop destination for end-to-end career guidance. Furthermore, MSM Unify can help you explore top universities in Canada for MBA without GMAT, such as York University, Queen’s University, HEC Montréal, etc.
MSM Unify is an incredible platform where you can explore more than 50,000 courses offered by reputed foreign universities, get in touch with credible agents to streamline your admission process and get tailored solutions for your career-related queries.Â
MSM Unify overseas education consultancy has partnered with more than 1400 campuses worldwide and has helped more than 1,45,000 students achieve their dreams of pursuing higher education abroad.
So, do not delay any further and join the bandwagon of our happy and successful students living their study-abroad dreams in the most fulfilling way!
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