Best Business Schools In Canada For Masters

Last Updated on January 18, 2023

Are you considering applying for the best business schools in canada for graduate programs ? If so, this article may help! This article provides you with the most recent information on courses on the best business schools in canada for masters

Here you’ll find details on masters in business administration in canada for international students,top universities in canada for masters in international business,which university has the best business program in canada and many more related topics on CollegeLearners.

Business Administration (BA) - Mesarya Technical University

Business Administration is a branch of Business & Management that will teach you how to lead a company or business venture, keep track of performance and make crucial decisions that will result in developing a better and profitable business.

Business Administration degrees are some of the most interdisciplinary academic programmes, seeing as they combine theoretical knowledge and practical solutions with notions of Finance, Economics, Human Resource Management, Marketing, Information Systems, Accounting, and more.

While studying a graduate degree in Business Administration you’ll get the opportunity to develop skills that will be very useful in selling products, managing the financial health of your company, interpreting performance data, keeping employees motivated, keeping efficiency high, and making impactful business choices that drive results.

A Business Administration programme offers a lot of benefits and development potential, but will also demand a lot from you. Most MBAs require significant work experience for admission, and you will most likely have to provide GMAT exam grades as part of the application process. Universities are looking for determined, motivated students who will become the entrepreneurs of tomorrow.

As a graduate of a Bachelor’s or Master’s in Business Administration (B.B.A. or M.B.A.), your job offers will be varied and quite impressive, allowing you become a Business Owner, Risk Management Consultant, Financial Planner, Purchasing Agent, Research Analyst, Marketing Representative, Quality Assurance Specialist, or Office Manager.

Masters in Business Administration

Masters in Business Administration teach students how to manage limited resources to turn a profit and grow a business. Graduate Business Administration studies, such as MBA degrees offered by international business schools, teach notions like production and planning, decision making, project management, as well as allocating human resources and finances in line with organisational goals, policies, and procedures. MBAs are some of the most popular Business degrees in the world and they offer a competitive advantage to Managers who want to reach the highest levels of their career.

You should study a Master’s degree in Business Administration if you feel inspired by iconic entrepreneurs like Bill Gates, Elon Musk or Steve Jobs and have a ground-breaking business idea or are in search of one. Studying in a business school will teach you how to look at numbers to evaluate success and potential wins towards making a business truly successful.

Business Administration specialisations

Masters in Business Administration offer a wide range of specialisations, including: Finance, Banking, Digital Marketing, Hospitality, Human Resource Management, and pretty much any field you can do business in. Even with a specialisation, Business Administration Bachelors are flexible degrees, so you will not just learn about a single aspect of business.

You will find Master’s degrees in Business Administration offered as M.A. degrees (Bachelor of Arts) or M.B.A. degrees (Bachelor of Business Administration). Most Business Administration Bachelors take 3 years to graduate, but you can also find 2-year accelerated Bachelors as well as 4-year Bachelors, usually offered by universities

Business Administration courses and skills

Business Administration courses equip students with a strong understanding of business fundamentals, management principles, and the interpersonal skills needed to succeed in the business world. Most majors include classes in Mathematics, Marketing, Statistics, Business Law, Accounting or International Business. You will also learn elements of Micro- and Macro-economics and become familiarized with using quantitative methods. Critical thinking, an awareness of social factors in business and good communication are essential skills you will develop during your Business studies.

Thinking about doing a Master in Management in Canada? You’re not alone. Each year, many international students choose to go to study for the business masters programs—such as a Master in Management (MiM), a Master in Finance program, or another specialized MSc program—in Canada. And why not? Canada, with its liberal visa policies and openness to international students, is a great place to study for an MiM. And since both English and French are spoken as official languages, many international students can fit right in immediately.

Many MiM programs and other business masters degrees are available, across Canada. Some MiM programs in the country allow students to specialize in a specific area of business, while others are more general programs, exposing students to all areas of business, including supply chain, finance, accounting, leadership and more.

Business Colleges in Canada: Postgraduate Programs

At the very beginning, it was mentioned that MBA is the most preferred course in Canada among international students. The reason behind this is very clear: job prospects and cushy median salaries.

Duration: MBA programs are supposed to be for 2 years. But, the duration of Executive MBA is 13 months. Find out the most preferred MBA programs in Canadian colleges at present by the international students here.

Program University Duration Yearly fees in CAD
Masters of business administration (specialization: management)University of Toronto2 years$83,399
Masters of business administration (specialization: business analytics)McGill University2 years$60,792
Masters in Business Administration The University of British Columbia2 years$85,489
Masters in Business Administration York University2 years$72,190
Master of Business AdministrationUniversity Canada West2 years $22,037.25
Executive MBAWestern university12-13 months$90,808.66
MBA in FinanceUniversity of Alberta2 years$39,515.06

Other popular masters in business degrees in Canada include:

  • Masters in Business Analytics in Canada
  • Masters in Business Management
  • Masters in International Business in Canada

Business Colleges in Canada: Eligibility for Masters

The admission requirements for the postgraduate business courses in Canada includes

  • Proficiency in the English language, i.e. a decent score in IELTS or TOEFL.
  • There are a few universities, which look for mathematics as a compulsory subject upto 12th grade.
  • GMAT scores are also given much priority by the universities and colleges of Canada.
  • Statement of Purpose for MS in Canada

The universities listed in the table above, mostly ask for a 90 or above score in TOEFL. GMAT score is taken as an added advantage in the MBA programs. Plus, a bachelor’s degree of 4 years or equivalent is also mandatory for an MBA course in Canada.

Just like the undergraduate courses, the eligibility criteria may vary and students may need to qualify some other entrance to get the admission in their desired colleges.

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Business Colleges in Canada: Fees and Funding for Masters

Most of the universities offer scholarships and have unique facilities, which enhance the rate of international students in Canadian universities each year to 5.9%.

The students can expect 25-50% fee relaxation with the scholarship in these universities. There are universities, which provide accommodation too. Therefore, a student needs to make a very smart choice at the time of selecting the college or university for their postgraduate business degree.

The approximate expenditure of the MBA program in Canada ranges from $22,000 to $90,000, but it can easily reduce to half with the use of the scholarships.

Business Colleges in Canada: Scholarships Offered

The cost of studying in Canada will also include your expense of living in Canada, which can add drastically to the sum required to sustain in the country. International students can always avail of various scholarships offered for studying in Canada. Some of the popular ones are listed below:

ScholarshipScholarship is given byScholarship is given toAmount of the scholarship
Lester B. Pearson International ScholarshipsUniversity of TorontoInternational students with academic excellenceTuition, books, incidental fees
Carleton University Awards for International StudentsAuthority of the universityAll graduate studentsVaries
Dalhousie University ScholarshipAuthority of the universityAll graduate studentsVaries
University of British Columbia Scholarships for International StudentsUniversity of British ColumbiaUndergraduate International studentsTuition and books
BBA Entrance Scholarships @ HEC MontréalHEC Montréal. No separate application is required. USInternational students of BBA$7500
York University International Student ScholarshipYork UniversityInternational students with academic excellenceCAD$60,000-$100,000
Vanier Canada Graduate ScholarshipsGovernment of CanadaDoctoral studentsCAD$50,000

These scholarship amounts show that a qualified student will be given sufficient support from the university as well as from the government of Canada too, so that he or she can continue his or her studies.

Business Colleges in Canada: Jobs and Salaries

From a basic bachelor’s degree in business to a doctorate, with each added qualification there is not just a rise in the number of opportunities to avail but also a hike in the salary package. Detailing the hike in the sector with other important statistics is an infographic:

With various sectors to explore, a business student can earn the following salaries in Canada at the mentioned job roles:

Designation Salary range per annum in CAD
Marketing professional $60,000-$1,10,000
Financial advisors$78,416-$1,24,000
Legal advisor$87,627-$1,18,000
Business planners$54,052-$1,35,000
IT professionals$80,700-$2,21000
HRM$65,000-$2,15,000

With cushy median salaries and an increment of 12% per year, business and related industries are booming at a great pace. This makes studying business from Canada a lucrative program option. Settling in Canada with a business degree is also easy because of the lenient immigration laws and welcoming nature of the citizens.

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