Minimum Percentage Required For MBA In Canada

Last Updated on September 1, 2023

Minimum Percentage Required For MBA In Canada

Canada is ​an increasingly popular‌ destination for individuals seeking a prestigious Master of Business Administration (MBA) ‍degree. With its ‍high standard of education, diverse culture, and excellent job prospects, Canada attracts students from all over the world. However, one key aspect to⁤ consider‍ when applying for an MBA ⁢program in Canada is the minimum percentage required for admission.

Canadian ‍universities typically have⁢ stringent admission requirements for their MBA programs. These requirements may include academic achievement, relevant work experience, English language proficiency, and strong performance in standardized tests such as⁤ the Graduate⁢ Management Admission Test (GMAT) or the Graduate Record‍ Examination (GRE).

Regarding⁢ academic achievement, most Canadian universities require a minimum percentage or grade ​point average (GPA) for admission ​to their MBA​ programs. While specific university requirements vary,

Frequently, searching the internet for required information does not always bring up the right answer, and that is a fact. This is mostly because the internet is filled with a great deal of information that is not always sourced from credible sources. Now, if you’ve been searching for information on Minimum Percentage Required For MBA In Canada, Top MBA Colleges in Canada Types of MBA in Canada this article brings you all you need to know and more.

An MBA in Canada is a 2-years degree program opening a world of lucrative career options. Master in Business Administration (MBA) degree from top business schools in Canada costs anywhere from 16,000 to 80,000 USD. For an Indian student, this will range between 11 Lakhs to 59 Lakhs (affected mostly by the choice of institution). These expenses can be cut to a minimum with the help of scholarships to study in Canada.

Eligibility for MBA in Canada [2021 Checklist for Indians] - Leverage Edu

MBA Fees in Canada for International Students

Almost all Canadian Business Schools require 16 years of undergraduate education. That is, four years of education after High School/Junior College. 

If you have a three year degree from an Australian, Indian, New Zealand university or such similar three year degree programs, you will not be eligible for admission to most MBA programs. You would require a professional four-year degree like engineering or other such courses.

Most business schools in Canada require a minimum GPA of 3.0 – 3.5 (More than 70%) for admission to the MBA program.

Admissions to Canadian business schools are extremely competitive.

If you wish to get admission to MBA in Canada, you will need to have at least 76% (or more) in your bachelor’s, IELTS score (7.0 or other test equivalents), GMAT scores (waivers available as an exception), and prior work experience (3-7 years).

Masters (MS) in Canada - Cost, Eligibility, Scholarships, Top ...

Top MBA Colleges in Canada with Fee Structure

Cost/Quality of Life

College/UniversityDurationTuition Fee (for 1st year)
Rotman School of Management2 yearsCAD 59,450
Queen’s Smith School of Business1 yearCAD 91,000
York University – Schulich2 yearsCAD 52,040
McGill Desautel20 monthsCAD 44,500

MBA Fees in Canada for Permanent Residents

Scholarships/Financial aid

Being a professional course there is a limited scope of getting financial aid for international students for pursuing an MBA program in Canada. However, some students can get scholarships based on their excellent academic and other achievements relevant to the program. Many a times students are awarded part waiver because of the top scores in GMAT and other academic achievements. Apart from this, candidates can apply to these popular scholarship programs:

  • Ontario Graduate Scholarships (OGS): The aim of this fellowship is to provide quality education at the master’s and doctoral levels. It is funded by the government.
  • University of Waterloo Graduate Scholarship: The University of Waterloo offers this scholarship to meritorious students who are pursuing graduate studies.
  • Central Sector Scheme of National Overseas Scholarship for SC etc. candidates- (All countries except UK): This scholarship is awarded to the meritorious students who wish to pursue master’s or Ph.D. abroad.
  • Go Clean Scholarship: This scholarship is awarded to meritorious students and want to pursue their higher studies abroad.

Eligibility/Requirements for studying MBA in Canada

Some of the basic requirements for getting admission in MBA programs:

  • Bachelor’s degree: The candidate must have a bachelor’s degree from a recognized university/institution.
  • Work experience: The candidate must have relevant work experience as universities give preference to those who obtained work experience. It is not a mandatory requirement, however, it gives an edge to the aspirants over others.
  • English Language Proficiency: If the candidates belong to a non-native English-speaking country then they need to prove their English language proficiency. They need to secure a good IELTS or TOEFL score for securing admission.
  • GMAT: A good GMAT score is required to get into a top university/college to pursue an MBA program in Canada.

Most universities require candidates to submit a GMAT score for giving admission. You need to visit the official… and register for the test. Also, every college has a different GMAT score requirement. So, you have a target score before planning for the GMAT test.

Top MBA Colleges in Canada

Some of the best business schools in Canada rank globally amongst the QS top Global MBA Rankings (2021). International students can pursue a variety of MBA programs in Canada. The table below gives the duration of the full-time MBA programs. 

University NameBusiness School/Duration of ProgramTuition Fee(USD/year)Deadlines (Round 1/Upcoming)Brochure
MBA at UTorontoRotman School of Management (2 year)44,587Sept 3Brochure
MBA at McGill UniversityDesautels Faculty of Management (1 year to 20 months)34,970Nov 1Brochure
MBA at Queen’s UniversitySmith School of Business (1 year)71,250Sept1, 2021Brochure
MBA at UWOIvey Business School (1 year)88,125Sept 20Brochure
MBA at York UniversitySchulich School of Business (16-20 months)39,030Oct 28Brochure
MBA at UBCSauder School of Business (16 months)46,835August Brochure
MBA at UAlbertaAlberta School of Business (20 months)23,500 Nov 15Brochure
MBA at Concordia UniversityJohn Molson School of Business (16 months)30,975 Mar 1
Jun 1 
MBA at HEC MontrealDepartment of Business (1 year)36,750Nov 15Brochure
MBA at Dalhousie UniversityRowe School of Business323,83Apr 1,
Aug 1, 
Dec 1
MBA at McMaster UniversityDeGroote School of Business (28 months)33,000Oct 15Brochure
MBA at Brock UniversityGoodman School of Business (2 years)23,062Aug 1
Nov 1
MBA at SFUBeedie School of Business (16 months)55,825Nov 26Brochure
MBA at University of OttawaTelfer School of Management (1 year)51,000May 15Brochure
MBA at Saint Mary’sSobey School of Business (16 months)43,000Nov 2Brochure
MBA at Wilfrid Laurier UniversityLazaridis School of Business and Economics (1 year)11,553Jan 15Brochure
MBA at University of VictoriaGustavson School of Business (2 years)30,076Opens- Sept 1Brochure
MBA at uCalgaryHaskayne School of Business (2 years)53,116Nov 15Brochure
MBA at University of SaskatchewanEdwards School of Business (2 years)47,883June 30Brochure
MBA at University of ManitobaAsper School of Business (2 years)27,919Mar 1
Jul 1
MBA at Ryerson UniversityTed Rogers School of Management (1 year)36,544Jan 18, Feb 22 (UG without business)
Jan 18, Mar 22 (UG with business)

As per Financial Times MBA Rankings 2021, only four business schools in Canada for MBA made it to the top 100. However, as per QS MBA rankings (2021), six business schools and universities in Canada make it to the top 100 list. An overall of 20 business schools from Canada made it to the top 200 rankings for Global MBA. Most graduates from top B-schools, like Schulich School of Business and McGill University, were offered jobs in Canada within three months. For Schulich, around 89% of the class was offered employment and 90% of McGill’s MBA graduates got their placement offers. 

Why Study MBA in Canada?

  • 11 Canadian universities made it to the top 200 universities for MBA globally, as per QS MBA Rankings (2021).  
  • A business degree in Canada is considered to be among top 10 subjects with the highest graduate salaries. Given below is a graph giving the average salaries of MBA graduates from top universities in Canada
Average MBA Salaries by University
  • Simpler Visa & Immigration Process:- Every student who has ever thought of studying abroad can not deny that the complex process of Visa and Immigration can be a huge discouragement. With immigration-friendly policies and an option for Indian students to get a faster visa is an added advantage for MBA aspirants. 
  • The financial services sector particularly stays strong in Canada, with a growth of around 11.6% in the span of 2007-2017. The opportunities to work in the sector are higher for an MBA graduate in Canada. 
  • With support towards SMEs and start-ups, the doors of entrepreneurship are always open for an MBA graduate in Canada.

Also Read: How to immigrate to Canada!

Types of MBA in Canada

There are several kinds of MBA degrees offered in Canada to suit the diverse interests and requirements of international students. Some of these are detailed below: 

Full-Time MBA

With an understanding of the diversity of the Canadian workforce, an MBA program prepares a student to enter the job market as a leader.

  • The duration of the program is usually two years and students can choose to study in full-time.
  • The program is best suited for a student who can devote their time solely to study.
  • Applicants are often required to appear for GMAT and language proficiency test scores to get admission with FT-MBA courses in Canada.

Part-time MBA

  • An MBA program of longer duration in comparison with FT-MBA but more suitable for working professionals looking for a degree alongside the work. 
  • The course duration is usually 3-6 years depending on the university you choose to study the course with.
  • The course is designed for students who are fresh graduates but cannot devote time to on-campus studies.

Executive MBA

  • Usually, the duration of the program is 13 months, where the return on investment is both personal and professional.
  • Designed for executives and those with a managerial level of experience looking to advance their education.
  • Often applicants are required to have at least 8-10 years of prior experience to get admissions with executive MBA courses in Canada.

Except for these, international students can also pursue Joint MBA degrees (a combination of pharmacy, law, engineering with global affairs) and Dual Degrees (MBA/JD or MBA/MFA/MA) available for studying in Canada

MBA Specializations in Canada

Some of the popular specializations to pursue when planning to study MBA from Canadian colleges are:

  • International MBA:- IMBA provides business insights from some of the world’s best professors and the opportunity to work with the world’s most renowned industry leaders. Apart from individual development, international students are exposed to global experiences such as international field study, global courses, integrated curriculum, etc. The duration of the international MBA in Canada is usually 20-28 months.
  • MBA in Finance: Dealing with different aspects of finance studies, MBA in Finance in Canada includes core courses like financial reporting & analysis, portfolio management, market finance, corporate finance, and more. MBA finance in Canada is usually 2-year long.  
  • MBA in HRM: MBA in human resource management specialization is available with only a handful of colleges. Focusing on people management, MBA HR in Canada trains applicants on the process of hiring, training, and managing employees in the organization. 

Apart from the above-mentioned streams, international applicants can also choose marketing, accounting, business analytics, hospitality management, digital marketing, tourism management, supply chain management, and many more streams to specialize in. 

MBA in Canada Admission

International applicants planning to pursue an MBA from Canada must ensure that fulfill the basic requirements for the degree. You must be familiar with the basic application process of top MBA universities in Canada and their eligibility. Given below are some of the details which international students must be aware of when applying for an MBA in Canada. 

MBA in Canada without GMATLOR of MBASubmitting LORsSOP for MBA

Though most of the top universities have GMAT and work experience as an integral eligibility criterion, there are many universities offering MBA without GMAT and MBA without work experience in Canada.

Online Application:- Every university has its own application portal where candidates need to register and complete the application form. In some cases, you may be required to fill in the applications through the province-specific application portals, like OUAC/ApplyAlberta, etc. 

MBA in Canada Admissions Deadlines

The application deadlines for getting into MBA admission 2021 in Canada’s top colleges are discussed below:

UniversityOther Admission Rounds
University of TorontoOct 4 
Jan 10, Mar 7
McGill UniversityJan 15, Mar 15
University of Western OntarioNov 8
York UniversityFeb 10
University of AlbertaApril 15
Simon Fraser UniversityJan 28
Mar 25
May 7
Saint Mary’s UniversityJan 4
Feb 3
University of CalgaryJan 15
Mar 1
McMaster UniversityJan 13, 
Mar 17

Application Fee:- Along with the completion of the online application, candidates must pay an application fee (in Canadian funds). This fee can be paid by credit card and is non-refundable when submitting the online application form.  

MBA in Canada Eligibility

International students must note that some important requirements that are to be fulfilled for pursuing MBA in Canada include a 4-year undergraduate degree, GMAT score, English language proficiency, and previous work experience. There are additional document requirements for MBA in Canada. The business school-specific eligibility for the MBA program in Canada and documents required are detailed in the sections below:

UniversityUG Degree RequirementLanguage Scores
Rotman School of Management8.0/10
7.5/10 (for IIT graduates)
IELTS: 7.0
TOEFL: 100
McGill UniversityRelevant bachelors degreeIELTS: 7.0
TOEFL: 100 (iBT)
600 (pBT)
Ivey Business SchoolRelevant UG degreeIELTS: 7.0
TOEFL: 100 (iBT)
Smith School of Business75% (B+ on grade scale)IELTS: 7.0
TOEFL: 96 (iBT)
Schulich School of BusinessUG degree (B+ grade)IELTS: 7.0
TOEFL: 100 (iBT)
Alberta School of Business80% or moreIELTS: 7.0
TOEFL: 100 (iBT)
Sauder School of BusinessB+ gradeIELTS: 7.0
TOEFL: 100 (iBT)
John Molson School of Business80% or moreTOEFL: 95
IELTS: 7.0
DeGroote School of BusinessB GradeTOEFL: 100
IELTS: 7.0

Average scores or experience is the one which was present in the previous class of MBA of the university. However, the required are the minimum scores or work experience required for pursuing MBA in Canada. 

MBA in Canada: GMAT Requirements

UniversityGMAT Score Required
UTorontoRequired- 550
Average- 669
McGill UniversityRequired- 550
Average- 660
UWORequired- 550
Average- 667
Queen’s UniversityRequired- 600
Average- 654
York UniversityRequired- 550
Average- 660
University of AlbertaRequired- 550
Average- 612
University of British ColumbiaRequired- 550
Average- 650
Concordia UniversityRequired- 580

MBA in Canada without GMAT

Most of the business schools in Canada for MBA ask for the submission of the Graduate Management Admissions Test (GMAT) scoresheet, based on which admission is granted. However, if you are an MBA aspirant who does not perform very well in tests, there is no need to worry. You are not completely out of luck. During admission decisions, students are evaluated on their analytical, decision-making, communication, and leadership skills through education and work experience.

There are several top-notch Canadian universities accepting candidates without their GMAT scores as long as they meet certain other requirements. Some of these universities are the Schulich School of Business, York University, Queen’s University Smith School of Business, and many others

MBA in Canada: Work Experience Required

Top Universities offering MBA in Canada, require you to have work experience. The minimum requirements for top universities are:

UniversityWork Experience Required
University of TorontoRequired- 2
Average- 5
McGill UniversityRequired- 2 
Average- 5
UWORequired- 2
Average- 4.8
Queen’s UniversityRequired- 2
Average- 4.4
York UniversityRequired- 2
University of AlbertaRequired- 2
Average- 5.4
University of British ColumbiaRequired- 2
Average- 3 to 5
Concordia UniversityRequired- 2
Average- 6
McMaster UniversityAverage- 4

MBA in Canada without Work Experience

Though various business schools in Canada for MBA might not mandatorily ask for work experience as a part of the admissions process, the class profiles of these schools suggest that they prefer students with a work experience of as much as 3-4 years. You can still find some B-schools in Canada that will allow you to enter an MBA program without work experience. Some of these are:

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  • New York Institute of Technology (Vancouver, BC): For MBA admissions you will require to submit a GMAT score and work experience is not required.
  • Thompson Rivers University:  Though the university prefers students with work experience, it is not mandatorily required for taking admission to the university.
  • Cape Brenton University:  To apply for the MBA program you need not have work experience. 
  • University of Windsor: Admission to the MBA program does not require previous work experience. 
  • Brock University: The university allows to you apply for MBA programs without previous experience. 

MBA Requirements in Canada

  • Transcripts:- To secure admission in Canada, international students need to submit scanned copies of all official transcripts through an online application portal. 
  • Resume:- Applicants must submit a one-page resume containing the details of their employment history. A well-made resume should have a record of the candidate’s academic qualifications presented in reverse chronological order. 
  • Letters of Recommendation/ Letters of Reference:- As a mandatory part of the admission process, students must submit at least two professional letters of recommendation. These letters must be directly from individuals who have been responsible for evaluating the candidate’s work performance and potential. 
  • Essays:- Writing a strong application essay can be the qualifying factor during the admission process. The idea behind it is to provide students with an opportunity to express themselves in formal prose. Students are asked to describe why should they be considered for the program. These essays are judged on the basis of their content, style, and tone.
  • Scores of exams required for studying in Canada include language proficiency scores and GMAT/GRE scores. International applicants from non-native English-speaking countries are required to submit these scores. 
  • Work Experience:- Most of the top universities admit candidates who have at least two years of full-time experience. 
  • Interview:- After a preliminary review of a candidate’s application, admitted students will be shortlisted for the interview process. Usually, for international students, the interview is conducted over Skype. 
  • To study MBA in Canada, it is compulsory for all international students to obtain a Canadian visa and study permit for the duration of their study. Unlike other countries such as US or UK, Canada’s visa policies are less complicated, transparent, and accessible for students. Applicants must receive a letter of acceptance from a Designated Learning Institute (DLI) which is applicable at the post-secondary level.

Here is a sample SOP for MBA for your reference!

MBA in Canada Cost of Study

For an international applicant planning to study in Canada, the costs for studying can be widely distributed into three categories. These are pre-arrival costs, cost of study, and cost of living. The cost of studying or the tuition fee MS in Data Science in Canada varies from 11,600 USD to 33,000 USD.

Pre-arrival Costs

Given below is a table indicating the one-time major costs involved for an international student planning to study abroad.

Type of ExpenseCost (USD)
Program Application Fees76-136*
Visa Application Fees178**
Health Insurance10,000
IELTS Fees185-190
TOEFL Fees160-250

*Depends on the university. 

**114 USD for a Canadian Study Permit and 64 USD is Biometric fees.

MBA in Canada Fees

The annual tuition fees for popular business schools in Canada for MBA are detailed above. However, it can be said that the tuition fees for the whole program range from 32,574 USD to 89,174 USD. This will mean that an Indian student will spend around 24,60,000 to 67,36,000 INR in total as the tuition fees for the program. When expected to spend such hefty amounts on tuition, the obvious question that arises is the rate on investment. Looking for MBA in Canada on a Budget? Find out details on Cheapest MBA in Canada for International Students

MBA in Canada Fees for Indian Students

UniversityTuition Fees
University of Toronto32,65,000 INR
McGill University25,61,000 INR
UWO64,53,000 INR
Queen’s University52,18,000 INR
York University28,58,000 INR
University of Alberta11,92,000 INR
University of British Columbia34,30,000 INR

Cheapest MBA in Canada for International Students

As the cost of pursuing MBA in Canada exceeds too much, finding a university that offers MBA at a cheaper price is bliss. Here are some of the universities that offer a cheaper MBA in Canada:

UniversityFees (USD)Fees (INR)
Memorial of University Newfoundland (2 years)9572~7 lakhs
University of Saskatchewan (2 years)4991~3 lakhs
Southern Alberta Institute of Technology (1 year)13,947~10 lakhs
Carleton University (1 year)10,977~8 Lakhs

Cost of Living in Canada 

The cost of accommodation, books & materials, transport, food & beverages, etc make up the cost of living for an international student. The cost of living in Canada may vary slightly depending upon the university and city the international student is living in. Basic living expenses are as follows:

Type of ExpenseCost (USD)
Books & Material1500/yr
Food & Beverage3000-5000/yr
Other Related Expenses78-163/month

International applicants must not that the cost of accommodation in Canada will highly depend on the type of student accommodation opted for. 

MBA Scholarship in Canada

As the cost of study for an international student is cumbersome to support, international students look for scholarships available to study in Canada. Some of the popular scholarships to study MBA in Canada are detailed below:

ScholarshipAmount (CAD)Offered by
Women in Business Excellence AwardUp to 10,000Rotman School of Management
MBA Excellence AwardUp to 20,000Rotman School of Management
Global Business Leader of TomorrowUp to 10,000-15,00Sauder School of Business
Ivey MBA ScholarshipUp to 10,000Ivey Business School
MBA Entrance ScholarshipUp to 7500-11,500Haskayne School of Business
Scotiabank ScholarshipsUp to 20,000Schulich School of Business
MBA Admission Awardup to 1000 to 10000DeGroote School of Business
MBA in-course & Entrance Scholarship500 to 1000DeGroote School of Business
Hardeep Grewal MBA Scholarship EndowmentVariableConcordia University

MBA in Canada Jobs

In Canada, international students who have completed a two-year master’s program from a Canadian University can automatically receive a three-year work permit for Canada. As the second-largest country on Earth, Canada opens a large number of doors for MBA students in terms of job opportunities in Canada. Some of these career opportunities are discussed below:-

  • Finance and Consulting:- The traditional employers of MBA, financial services firms, and consulting companies remain the major recruiters of MBA students. Hence, the majority of international students go for MBA in Finance in Canada.
  • SMEs:- Small and medium-sized enterprises are becoming one of the biggest hiring sectors of business school talent. MBA students who are specifically trained in the sector of management find this option as a great opportunity for learning and exposure.
  • Technology:- Living in the 21st century, technology has surpassed all the other sectors of the economy. Technology-based firms have always been the most enticing career choice for MBA students.

Some of the popular job destinations and their average salaries in Canada offered to MBA graduates in Canada are given below:

DesignationAverage Annual Salary (USD)
Business Development Manager182,000
General Manager180,000
Project Manager138,000
Business Advisor141,000
Strategy Director200,000
Chief Financial Officer148,000
Executive Director80,000
Financial Analyst59,000
Marketing Manager46,000
Operations Manager61,000

Is MBA in Canada Worth It?

Applicants must note that for some of its most popular business schools, Canada offers an increment of as much as 80% on the salaries as compared to pre-MBA salaries. With your MBA degree, you can also choose to apply for Immigration to Canada. The alumni weighted salary for the top three business schools are compared with their annual tuition in the graphical representation below:

Tuition Vs Weighted Salary of MBA from Business Schools in Canada

ROI for Top MBA Colleges in Canada

UniversityHighest MBA Salaries (INR)
Ivey Business School62.3 Lakhs
Schulich School of Business54.9 Lakhs
SFU52 Lakhs
University de Montreal73.7 Lakhs
University of Ottawa79.9 Lakhs
UBC53.3 Lakhs
University of Windsor58.8 Lakhs
University of Victoria69.0 Lakhs

So except for blessing the world with intellectuals like Justin Trudeau, Canada has also managed to make its mark in the education sector. Even though Canada may not have an MBA as regarding as its neighbor (USD), the immigration friendly policies, multicultural society, welcoming nature of the country makes it one of the most popular international student destination. Home to over 100 higher education institutions and some of the top recruiters, Canada has spiked on the study abroad destination chart. The latest statistics suggest that the employment rate of MBA graduates in Canada has moved up considerably. You can earn as much as 80,000 to 200,000 USD annually with MBA jobs in Canada (~59 LPA to 1.4 Cr INR/yr). The country offers enormous opportunities to MBA graduates in SMEs, start-ups, and other popular MBA recruiters like Amazon, EY, Accenture, etc. This makes the MBA in Canada totally worth the expense. 

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