Top 10 MBA Colleges in Canada for Indian Students with Fees

 

Did you know that Canada has experienced a 350% increase in international MBA students in the past decade? This rise is because Canadian MBA programs offer a unique mixture of theory knowledge and practical exercises, making Canada a great destination for Indian students who want to get a good rapport in the global job market.

Why Choose an MBA in Canada?

Canada is home to some of the best MBA colleges in the world. The University of Toronto’s Rotman School of Management, the Sauder School of Business at the University of British Columbia, and the Schulich School of Business at York University are just a few examples. An MBA education in Canada is one of the perfect ways for anyone looking to increase their career growth, increase their salary potential, and get valuable leadership skills. Canada’s MBA programs offer an inclusive and supportive learning environment focused on developing well-rounded individuals who can thrive in today’s global marketplace.

Top 10 MBA Colleges in Canada

Canada is home to some of the world’s top-ranked colleges and universities, offering a wide range of programs and opportunities for students from all over the globe. According to the most recent QS World University Rankings for 2024 and QS Global MBA Ranking 2024, the top 10 colleges in Canada are:

Universities	QS World Ranking 2024	QS Global MBA Ranking 2024
Toronto (Rotman School of Management)	21	1
McGill (Desautels Faculty of Management)	30	2
Western (Ivey Business School)	114	3
UBC (Sauder School of Business)	34	4
Queen’s (Smith School of Business)	209	5
York (Schulich School of Business)	353	6
Alberta School of Business	111	7
Concordia (John Molson)	387	8
HEC Montréal	141	9
DeGroote School of Business	189	10

Detailed Look at Top 5 MBA Colleges in Canada

Toronto (Rotman School of Management)

The University of Toronto’s Rotman School of Management is a highly respected and globally recognized institution. Its MBA program is one of the most sought-after, offering a comprehensive education covering all aspects of business management.

Admission Criteria:

1. Four-year undergraduate degree
2. GMAT/GRE Scores (550-670)
3. English proficiency test scores (TOEFL: 100/ IELTS: 7.0)

Overview:

Parameters	Details
Course Length	20 Months
First-Year Tuition Fees	INR 41L
QS Global MBA Ranking 2024	1
Scholarships	Awards for In-Program Students, Professional Student Loan Plans with BMO & RBC
Top 3 MBA Courses	MBA in Financial Risk Management, Global Executive MBA, Master of Business Analytics (MBA)

McGill (Desautels Faculty of Management)

McGill University’s Desautels Faculty of Management is a top-notch institution offering a comprehensive MBA program. It focuses on developing well-rounded leaders who can thrive in today’s global marketplace.

Admission Criteria:

1. Academic Transcript
2. Letter of recommendation
3. Statement of purpose
4. GMAT/GRE Scores (550-670)
5. English proficiency test scores (TOEFL: 100/ IELTS: 7.0)

Overview:

Parameters	Details
Course Length	12 Months
First-Year Tuition Fees	INR 61L
MBA Ranking	2
Scholarships	Desautels Leadership Scholarships, Desautels International Student Scholarships
Top 3 MBA Courses	MBA in Finance, MBA in Marketing, MBA in Global Strategy and Leadership

Western (Ivey Business School)

The Ivey Business School is renowned for its outstanding MBA programs and excellent faculty. It has a long-standing reputation for producing successful business leaders.

Admission Criteria:

1. Academic Transcript
2. Letter of recommendation
3. Statement of purpose
4. GMAT/GRE Scores (550-670)
5. English proficiency test scores (TOEFL: 100/ IELTS: 7.0)

Overview:

Parameters	Details
Course Length	12 Months
First-Year Tuition Fees	INR 77L
QS Global MBA Ranking 2024	3
Scholarships	Ivey MBA Entrance Scholarship, Ivey Emerging Leaders Award
Top 3 MBA Courses	MBA in General Management, MBA in International Business, MBA in Analytics

UBC (Sauder School of Business)

The University of British Columbia (UBC) consistently ranks among the top 40 universities in the world. The Sauder School of Business at UBC offers exceptional MBA programs.

Admission Criteria:

1. Academic Qualifications
2. Letter of recommendation
3. Statement of purpose
4. GMAT/GRE Scores (550-670)
5. English proficiency test scores (TOEFL: 100/ IELTS: 7.0)

Overview:

Parameters	Details
Course Length	16 Months
First-Year Tuition Fees	INR 58L
QS Global MBA Ranking 2024	4
Scholarships	External Scholarships, International MBA Scholarships
Top 3 MBA Courses	MBA in Entrepreneurship and Innovation, MBA in Marketing, MBA in Finance

Queen’s (Smith School of Business)

Queen’s University, located in Kingston, Ontario, offers a highly regarded MBA program at the Smith School of Business.

Admission Criteria:

1. Academic Qualifications
2. Letter of recommendation
3. Statement of purpose
4. GMAT/GRE Scores (550-670)
5. English proficiency test scores (TOEFL: 100/ IELTS: 7.0)

Overview:

Parameters	Details
Course Length	12 Months
First-Year Tuition Fees	INR 64L
QS Global MBA Ranking 2024	5
Scholarships	International Student Entrance Scholarship, Smith School of Business MBA Diversity Scholarship
Top 3 MBA Courses	MBA in Entrepreneurship and Innovation, MBA in Marketing, MBA in Finance

Criteria for Choosing Top MBA Colleges in Canada

When choosing the best MBA colleges in Canada, consider the following:

1. Rankings from reputable sources such as the Financial Times or QS World University Rankings.
2. Faculty Qualifications and Industry Experience.
3. Curriculum that covers all essential business areas.
4. Networking Events and alumni connections.
5. Placement Rates, internship opportunities, and career services.
6. Diversity of the student body and international exposure.
7. Scholarships and financial support for international students.

Eligibility Criteria for Indian Students

To study MBA in Canada, Indian students must fulfill the following criteria:

1. Completion of an undergraduate degree
2. English language proficiency scores (TOEFL: 100/ IELTS: 7.0)
3. GMAT/GRE Scores (550-670)
4. Letter of Recommendation
5. Statement of Purpose
6. CV and Work Experience (not mandatory but preferred)

Top MBA Colleges in Canada Without GMAT/GRE

Worried about GMAT scores? Some universities in Canada don’t require GMAT scores but have other criteria such as a strong resume, excellent academic records, an impressive statement of purpose, and a cover letter. Here are some top MBA colleges in Canada that don’t require GMAT scores:

1. Ivey Business School at Western University Canada
2. Schulich School of Business at York University
3. HEC Montreal
4. Rotman School of Management
5. Telfer School of Management

Cost of Studying in Canada for Indian Students

The cost of studying in Canada varies based on the program, institution, and location:

Programs	Average Cost
Undergraduate Programs	CAD 20,000 to CAD 40,000 per year
Graduate Programs	CAD 25,000 to CAD 60,000 per year

Cost of Living in Canada for Indian Students

Living expenses in Canada depend on the city. Here's a breakdown:

Expense	Approximate Cost (INR)
Rent per month	2L
Basic Utility (Monthly)	13,000
Transportation	6,000
Miscellaneous Expenses	60,000

Average Salary of an MBA Graduate in Canada

The average salary for an MBA graduate in Canada is around INR 72L per year. The salary range can vary depending on the industry, location, and experience.

Other Affordable MBA Colleges in Canada

For budget-friendly options, consider these affordable MBA colleges in Canada:

Colleges	Fees for International Students
Memorial University of Newfoundland	INR 23L
Concordia University	INR 29L
Vancouver Island University	INR 32L
University of Calgary	INR 16L
University of Ottawa	INR 42L
University of Saskatchewan	INR 43L

Why Choose Canada?

1. Exceptional education and career opportunities.
2. Canadian companies actively seek international talent.
3. The strong economy and low unemployment rate.
4. Supportive policies for international students, like post-graduation work permits.
5. A welcoming and inclusive culture.
6. Numerous internship opportunities in leading companies and organizations.

Conclusion

Pursuing an MBA in Canada is an excellent choice for those looking to advance their careers, increase their salary potential, and gain valuable leadership skills. With world-class institutions, a supportive environment, and ample opportunities for international students, Canada offers everything you need to succeed in today’s global business landscape.