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Requirements for MBA in Canada • AdmitAbroad

Requirements for MBA in Canada

Admit Abroad - Requirements for MBA in Canada

Table of contents:

 

Having a sense of market scenarios and applying it to practical situations is what makes any business successful. In the last decade, MBA or Masters in Business Administration has gained broad exposure. People with a qualified MBA degree are touching the pinnacle of success in all industries. However, this degree will stand out if it is from a reputed University. Accompanied by experienced faculty, established infrastructure, and structured academic courses, a student can easily create a career in Business Management. The growth possibilities in this field are immense, making it a stream that will never fade from the limelight. The Canadian Job market is predominantly occupied by small and medium enterprises. These create a demand for 150,000 professionals every year and create 60% of total employment opportunities in the country.

Why to study MBA in Canada

 

At the outset, we have to understand what are the reasons people are opting for MBA in Canada. Canada is beautiful and provides a high quality of life as a country. Apart from that, there are some more reasons why people want to pursue an MBA in Canada. 

  • Nearly 11 Canadian Universities in World come under the top 200 Universities (Financial Times MBA Rankings 2021)
  • 6 Business schools in Canada come in the Top 100 (QS MBA Rankings 2021)
  • Business management courses fall under the top 10 subjects in Canada that international students prefer
  • MBA aspirants are offered lucrative job opportunities after they pass out. The Government gives a massive boost to SMEs (small to medium enterprises) thus making it easy for MBA students to excel.

Types of MBA in Canada

 

There are different types of MBA that Canada offers. Usually, the course type varies according to its duration: they do this to ensure that the students can choose as per their requirements.

  • Full-time MBA- This is for those who want to conquer the industry; the Full-Time MBA is a perfect choice. The course duration is two years, and regular classes are held. For international students, the requirements are good scores on GMAT and passing language proficiency tests.
  • Part-time MBA- If you are already working and want to attain a degree along with that, the Part-time MBA is suitable. Duration, in this case, may range from three to six years.
  • Executive MBA- The Executive MBA is for the executive who wants to reach the managerial level. You can gain a colossal position change in your present job by doing this course. The duration of this course ranges from twenty to twenty-eight weeks.

Paperwork requirement for MBA in Canada

 

Some documents are essential for admission to an MBA in Canada. This list will vary from one University to another.

  • All your academic certificates
  • Marksheet of all your proficiency exams
  • Statements of your Bank accounts
  • Any past work experience details
  • At least two letters of recommendation
  • MBA essays if the University has asked for them
  • Statement of Purpose
  • Visa and Passport 
  • Photographs

 

The Statement of Purpose

 

The Statement of Purpose is simply an essay of 1000-1500 words. This essay highlights why the applicant wants to opt for an MBA from that University. Your SOP should showcase your personality, future plans after the course gets over, and any other topics you would want to talk about.

Letter of Recommendation

 

A letter of recommendation comes from a person who has analyzed your caliber and abilities. The letter should be written in simple terms and highlight your achievements and laurels. Most Canadian Universities pay a lot of attention to these letters. It is one significant criterion to see if your profile suits their institute or not.

MBA without GMAT

 

If you do not have a GMAT score to present, some Universities do accept students without the GMAT score. But these institutes may have some other requisites like specific years of Work experience, minimum GPA level, etc. They might also expect you to have a particular TOEFL score proving your caliber.

Academic requirements for MBA in Canada

 

To acquire admission for MBA in Canada, you must have any of the following:

  • Bachelor’s degree from a college or University
  • GMAT score
  • Work experience if you have any
  • Details of any English proficiency test scores, e.g., TOEFL, IELTS

Admission process for MBA in Canada

 

Next, you should know the procedure you must follow to apply for an MBA course in Canada.

  • Select the course you wish to pursue
  • Find which Colleges and Universities are offering the course
  • Go to the College website and find out all the details
  • Fill out the entire form and pay your fees
  • Open the form and upload your documents
  • You will have an Interview with the University directors. Try your best to impress the interviewers with your skills and presence of mind
  • After receiving the admission letter, you can accept your offer! 

Best MBA colleges in Canada for International students

 

The Universities in Canada offer extensive yet affordable MBA courses. The pursuit of an MBA degree in Canada is relatively cheaper compared to any other country. Here we are going to tell you some of the best MBA colleges in Canada. 

University Global ranking University Rank
Rotman School of Management 45 1
McGill University 59 2
Robert H. Smith School of Business 66 3
Ivey Business School 69 4
Schulich School of Business 88 5
Sauder School of Business 94 6
Alberta School of Business 101 – 110 7
John Molson School of Business 121 – 130 8
HEC Montr̩al 141 Р150 9
Dalhousie University 151-200 10

 

Exams required for MBA in Canada 

 

As mentioned above, Universities expect the students to have IELTS or TOEFL scores. Their minimum scores should be:

  • IELTS – 6.5 to 7.0
  • TOEFL – 90+
  • GMAT – score above 550

Top MBA courses in Canada 

 

Moving on, let us have a look at the Top MBA courses in Canada. 

  • MBA in Finance – This course is for students wishing to pursue a Finance specialization. The topics covered as per the curriculum are 
  1. Financial analysis and reporting
  2. Market Finance
  3. Corporate finance
  4. Portfolio management
  • MBA in HRM- If your career goal is an HR-based job, then this MBA specialization is suitable. In this course, you will learn about employee management, productivity, training, and hiring.
  • International MBA- Want to gain global exposure, then the International MBA is the course to consider. Duration of the course range from 20-28 months. It covers international field study, integrated curriculum, etc.

Cost of doing an MBA in Canada 

 

Let us now look at the cost of doing an MBA in Canada. Actually, education in Canada is pretty affordable. This, coupled with the quality of living, makes it a highly popular study option.

Type Cost (Indian Rupees)
IELTS/TOEFL Fees (One time) 15,500/13,700 
Application Fees (One time) 3700-14831
Tuition fees (Yearly) Up to 59 lakhs
Books (yearly) 1 Lakh
Accommodation (yearly) 47000-71000
Visa Application (One time) 8700
Health Insurance ((yearly) Starting from 15,000
Air tickets (one time) 1.2 lakhs

 

MBA scholarships in Canada 

 

Apart from all the above, the Canada Government has many scholarships to offer. Some of them which are hugely popular are:

Scholarships Institute Amount (CAD)
Scotiabank Scholarships Schulich School of Business 20,000
MBA Excellence Award Rotman School of Management 20,000
Global Business Leader of Tomorrow Sauder School of Business 10,000 to 15,000
Ivey MBA Scholarship Ivey Business School 10,000
MBA Entrance Scholarship Haskayne School of Business 7500 to 11,500
MBA Admission Award DeGroote School of Business 1000 to 10000
MBA in-course & Entrance Scholarship DeGroote School of Business 500 to 1000
Hardeep Grewal MBA Scholarship Endowment Concordia University Variable

 

Jobs you can get after MBA in Canada

 

An MBA degree holds a lot of promise in any company. Every year firms hire around 150,000 jobs that deal with this profession. Small and medium-sized firms are growing at a rapid pace in the country. Such firms actively look to fill positions like:

  • Marketing manager
  • Marketing analyst
  • Manager-Sales and marketing
  • Marketing coordinator
  • Human resources manager
  • HR coordinator
  • Consultant
  • Business development officer
  • Administrative manager
  • Business management consultant

Work permit required 

 

As the requirements for MBA professionals increases, the possibility of studying management in Canada is quite exciting. The Canadian Government is also trying its best to support management graduates. It seamlessly awards work permits, making it simple for the MBA pass-outs to start working. The requirements for a work permit are as follows:

  • Newcomers have to apply for a work permit within 180 days after graduation completion
  • With a work permit, the graduates can work with any company in Canada
  • The work permit allows three years of stay in Canada
  • Students pursuing an MBA course with a duration of 8 months to 3 years can apply

 

To sum up

 

The admission process for MBA in Canada is extensive. It would be best to start with the work at least 12-15 months prior to joining the course. This would give you enough time to decide which University to apply for and complete the paperwork.

The MBA stream is growing globally at a rapid pace. If you want to complete your MBA in Canada, you may contact our team. We will guide you in finding the exact requirements for admission to Canada. With our support, you might bag a prestigious seat and make headway in this field.