Top 10 MBA in Canada for international students

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MBA programs have become increasingly popular among international students in recent decades. Earning an MBA at one of Canada’s top business schools would provide them with extensive exposure.

Due to the significant advantages that an MBA from a reputable business school can provide, international students compete for admission to Canada’s best management universities. This article lists the top 10 universities in Canada that offer international students an MBA degree to study.

1. University of Toronto -The Rotman School

Of its top-notch faculty and research facility, The Rotman School is the top business school in Canada and one of the top five worldwide. Given the large number of foreign students who live in Toronto, Rotman School is among the best MBA schools in Canada for international students.

The Rotman MBA program is offered full-time, with 16 months of coursework and a 4-month paid internship. International students must pay CAD 133,740 in tuition. You can opt to focus on topics such as financial reporting and analysis, money management, business design, consultancy, brand management, etc. Another highlight of this program is the high employment rate of its graduates. 

2. McGill University – Desautels Faculty of Management

The MBA program at McGill University is regarded as one of the world’s most prestigious, diverse, and dynamic MBA programs. In 2022, The Financial Times Global Ranking placed the MBA program 90th internationally and 2nd in Canada. Through a condensed, one-semester core, a choice of four concentrations in finance, marketing, global leadership, and business analytics, as well as an experiential component, the curriculum focuses on maximizing student preparation for future careers. McGill MBA is one of the most prestigious degrees in Canada. 

If you select a 48-credit option, you can complete the program in 12 months or in 16–20 months if you choose a 54-credit option. The full-time MBA costs CAD 99,500 in tuition. Participation in an experiential learning initiative, such as a practicum, internship, or international exchange, is required for the final two semesters.

3. Queen’s University – The Stephen J.R. Smith School of Business

The MBA program at Queen’s University is one of Canada’s top three programs. If you want to become a better leader and succeed in your job, this MBA is for you. The school’s location offers a variety of networking opportunities because it is midway between Toronto and Montréal and right on the US/Canada border.

The MBA program offers several specializations, including those in consulting, finance, healthcare management, marketing and sales, entrepreneurship and innovation, and general management. The full-time MBA program costs CAD 104,100 for international students and takes 12 months to complete.

4. University of British Columbia (UBC) – Sauder School of Business

One of the top academic business schools in the world is the University of British Columbia’s Sauder School of Business. According to the Times Higher Education World University Rankings by Subject in 2022, it holds 35th place overall for business and economics.

The MBA program gives students the chance to pursue their dream of starting a successful business by providing them with networking and mentoring opportunities. Students may participate in a summer internship, business venture, or industrial project through the program. The 16-month full-time MBA program costs CAD 71,145 for international students.

5. University of Western Ontario – Richard Ivey School of Business

Ivey Business School is renowned for its quality worldwide and is distinguished by its exceptional management education. It was ranked 170 in 2022 by the QS World University Ranking. Bloomberg Business week ranked the program as the top MBA program in Canada 6 years in a row.

The MBA curriculum aims to provide students with the fundamental set of skills required for efficient management in the nonprofit, public, and commercial sectors. It lasts one year and costs CAD 123,500 for overseas students.

6. York University – Schulich School of Business

According to The Economist, Forbes, and CNN Expansion, Schulich School of Business’ MBA program is at the top in Canada. With the help of the MBA, students will be given the particular knowledge and leadership abilities necessary to establish a competitive edge. 

The tuition fees for 2 years full-time MBA program are $112,250 total for international students. Additionally, this university offers scholarships for up to CAD 85,000.  88% of students entered the workforce within three months of graduation. Graduates of the Schulich MBA can find employment in a range of fields, such as operations analyst, brand manager, business analyst, and associate in commercial banking.

7. Concordia University – John Molson School of Business

According to the QS World University Ranking 2023 by subjects, John Molson frequently ranks among Canada’s top 10 MBA programs. The Business administration Curriculum emphasizes the utilization of current case studies to convey material in a way that closely reflects how the business world presents challenges to top managers.  The cost of tuition for the 16-month, full-time MBA program is CAD 67,541.80.

Students can focus on a particular topic or analyze many management-related issues. Due to the small class sizes and remarkable thirty-to-one student-to-professor ratio, each student is able to receive a personalized education.

8. University of Alberta – School of Business

The full-time MBA at the University of Alberta gives students the skills they need to succeed in an industrial or entrepreneurial setting. In 2022, the university is ranked among the top 130 by the QS World University Ranking.

The program can be completed in 20 months and costs CAD 65,000 for international students. The program includes a summer internship and in year two, students could choose to specialize in a particular field based on their interests. With a small number of students, the MBA offers a customized and excellent educational experience.

9. HEC Montréal MBA

One of Canada’s most reputable institutions, HEC Montreal School, has earned three accreditations from AMBA, AACSB, and EQUIS. The MBA program at HEC Montreal lasts one year and focuses on practical training.

The program’s curriculum includes:

  • Courses in management simulation.
  • Data analysis for decision making.
  • Managing financial information.
  • Implementing processes and systems.
  • Other related topics.

Students will be able to participate in a business consultation project offering in-depth training and real-world experience. The tuition for overseas students was CAD 54,000 until the summer of 2022, but starting in the fall, it will be CAD 59,000.

10. University of Calgary – Haskayne School of Business

Ucalgary MBA program is open to students having a four-year degree or equivalent in any discipline. The program is designed to help professionals looking to obtain one of the degrees most commonly recognized in the workforce’s public, nonprofit, and commercial sectors.

The full-time MBA is a two-year long duration, traditional Masters of Business Administration program providing students with case competitions, study abroad experiences, internships, and eight specialization options. The three-year Evening MBA program is open to full-time employees. Tuition for the first year is CAD 19,104.

An MBA can be a rewarding career for many international students in Canada, but as an international student, you may need to check Canadian immigration rules, such as visa policy or PAL requirements and tuition costs, to follow for higher studies in this country. Take help from a professional agency if required. 

Standard requirements for Masters of Business Administration for Canadian universities

While you are planning to study MBA degree you must fulfill the common admission requirements set by the individual business schools in Canada. This degree costs a fortune and also very competitive for admissions. Here’s a general overview:

Academic Background

  • A four-year bachelor’s degree from a recognized university.
  • A minimum GPA in the last two years of your bachelor’s program, typically around a B (3.0 on a 4.0 scale).

Work Experience

  • Many programs require a minimum of two to three years of full-time work experience
  • Some look for progressive experience and evidence of career advancement.

Standardized Tests

  • The GMAT or GRE is often required, but some schools are waiving this requirement.

Additional Requirements

  • A statement of interest outlining your career goals and motivations for pursuing an MBA.
  • Resume or CV showcasing your academic and professional achievements.
  • Proof of English language proficiency for international applicants (e.g., TOEFL, IELTS).
  • Letters of recommendation may be required by some schools.
  • An interview is a common part of the application process.

Holistic Admissions

Many Canadian MBA programs consider applicants holistically, meaning they look beyond just GPA and test scores. They value qualities like leadership potential, interpersonal skills, and your unique background and experiences.

Where to Find More Information

It’s best to check the websites of the MBA programs you’re interested in in order to obtain precise information on admission requirements. Usually, the program’s website has this information in the “Admissions” or “Application” sections. Alternatively you can also seek help from educational agencies in Canada.