Top 10 Universities in Canada for MBA 2023

MBA stands for Master of Business Administration, is a post graduate course where you will be taught technical, managerial and leadership skills.

After MBA, your opportunity will increase to get job but availability of good university for MBA is limited. Canada is one of the popular country where many international students take admission in Canadian universities.

In this article, we going to explore details about tuition fees, class profile, location, specialization, required GMAT score etc. which is sought in Canadian universities. We will provide you details about top 10 universities in Canada for MBA.

Universities for MBA

Most of the international students wants to study in Canada with their number increases every year because of its immigration friendly policy and an array of post-study opportunity. Also there are lots of world class MBA colleges in Canada.

Why you choose Canada to do MBA?

Canada is a student friendly as most of the MBA program offers high quality of exposure and peer interaction during their course and also have affordable programs in comparison to US and UK where it is high.

Canada offers post-study work permit up to 3 years as it has no restrictions with regard to work visa like in the case of America’s H1B visa for international students.

Now look at the top 10 universities in Canada for MBA. Below we have provided best B-school in Canada and you need to know everything about them.

  1. Rotman School Management
  2. Ivey Business School
  3. Schulich School of Management
  4. Smith School of Business
  5. De Groote School of Business
  6. Sauder School of Business
  7. De Saulels Faculty of Management
  8. HEC Montreal
  9. John Molson School of Business
  10. University of Alberta School of Business

Top 10 Universities in Canada for MBA

1. Rotman School of Management

Year of Establishment: 1950

Rotman School of Management has top the chart for decades, known to be one of the most innovative B-school in Canada.

Rotman was the first to introduce video essays to its admission process, a critically acclaimed self-development lab and flexible internship programs have earned Rotman its teller record as far as campus placement.

Programs offered by Rotman School of Management are:

Program Offered: MBA (U of T), Skoll BASc/MBA, JD/MBA, Master of Global Affairs (MGA)/ MBA, Morning and Evening Part-time MBAs, Omnium Global Executive MBA, Rotman Commerce (undergraduate degree), Collaborative Program in Asia Pacific Studies, Master of Financial Economics, Dynamics of Global Change Program, Collaborative Program in Environmental Studies, PhD.

Class Profile:

  • Average Age: 28
  • Location: Toronto, Ontario
  • Duration: 1.8 years
  • Average Work Experience: 5 years
  • Average GMAT score: 680
  • Tuition Fees: CAD 120,680 (₹ 65,29,957)
  • Ranking: In 2019, The Financial Times ranking of the executive MBA program, Rotman rank the first in Canada and 29th in overall.

2. Ivey Business School

Year of Establishment: 1922

Ivey Business School is yet another chart topper when it comes to MBA ranking in Canada and a few want to experience practical training then this is the college for you.

They employ the use of case studies, simulation, assessment and evaluation in their program where participants are able to learn in an active environment.

Their in-house career management team are internationally acclaimed for the they do. The credit of establishing first MBA and PhD programs in Canada in business.

Program Offered: HBA (Honours Business Administration), MBA (Ivey), Executive MBA, Accelerated MBA, MSc in Management, Executive Development, PhD MBA.

Class Profile:

  • Average Age: 28.4 years
  • Location: London, Ontario
  • Duration: 1 Year
  • Average Work Experience: 4.8 years
  • Average GMAT score: 670
  • Tuition Fees: CAD 111,750 (₹ 60,44,014)
  • Ranking: In 2020, The Financial Times ranked the MBA program no 1. in Canada and 87th globally.

3. Schulich School of Management

Year of Establishment: 1966

This is the most easily recognized name on the list of top MBA colleges in Canada. It is known for being highly student centric offering flexible study options that you can take classes at Keel campus or at the Toronto Satellite campus.

The most interesting part for the most of the students is its two-term strategic consulting project where you get to work with clients or real business problem and solutions.

Program Offered: BBA, iBBA (International BBA), MBA, iMBA (York), MPA (Master of Public Administration), MF (Master of Finance), Master of Accounting, MSc in Business Analysis, Executive MBA, MBA/MFA/MA (MBA/Master of Fine Arts/Master of Arts), MBA/JD (MBA/Juris Doctor), PhD, Financial Engineering, Post-MBA Diplomas, Executive Education Programs.

Class Profile:

  • Average Age: 29
  • Location: Toronto, Ontario
  • Duration: 20 months
  • Average Work Experience: 5 years
  • Average GMAT score: 660
  • Tuition Fees: CAD 103,800 (₹ 56,14,350)
  • Ranking: In 2019, Forbes best business school is Schulich School of Business at no 1 and 9th in the world.

4. Smith School of Business

Year of Establishment: 1841

Smith School of Business delivers both technical, expertise and interpersonal skill development where employer today required.

Irrespective of the specialization, you choose to go for the Smith School of Business required you to take mandatory-individuals project course. As part of this you can work with an existing company to help deal with real world business situation.

Program Offered: Full Time MBA, Executive MBA, MBA for Business Graduates.

Class Profile:

  • Average Age: 28
  • Location: Kingston, Ontario
  • Duration: 1 Year
  • Average Work Experience: 4 year
  • Average GMAT score: 627
  • Tuition Fees: CAD 99,500 (₹ 53,80,932)
  • Ranking: The Economist rank Smith School of Business at 47th position in Canada and 88th position globally.

5. DeGroote School of Business

Year of Establishment: 1952

In DeGroote School of Business, MBA is available in multiple formats but the full time program lasts a minimum of 20 months and in-house career management service host company’s information sessions, mock interviews night and one-on-one coaching sessions help you to take full time advantage of the course.

Program Offered: Accounting, Strategic Business Valuation, e-Business, Innovation & New Technology, Operations Management, Information Systems and Human Resources streams.

Class Profile:

  • Location: Burtington, Ontario
  • Duration: 20 months
  • Average Work Experience: 3 years
  • Average GMAT score: 600
  • Tuition Fees: CAD 87,000 (₹ 47,05,265)
  • Ranking: As per QS Ranking it ranks 13th position in Canada 20th globally.

6. Sauder School of Business – British Columbia

Year of Establishment: 1956

British is the second among the most fascinating provinces in Canada. The city is mostly chosen by international students are the Vancouver and Victoria.

Vancouver is considered as one of the most live able and loveable city of the world. The living cost and housing are high around the city.

But, so are the job opportunities, if you want to study in this province then you are at the advantage of getting what is called the British Provincial Nominee Program that benefits the immigrants who wish to settle in Canada permanently. This place is also less cold than Ontario and Quebec.

The disadvantages are, it is expensive especially in cities like Vancouver and Victoria. But one of the best B-school in British Columbia is Sauder School of Business.

Obviously, Sauder is one few B-school that allows you to customize and create your own concentration during the latter half of your 16 month MBA program.

High on the customization factor you will be see Sauder B-school has a multi tutors self-development programs headed by the Business career center.

Services available include one-on-one career coaching guidance lectures and workshop.

Program Offered:

MBA (UBC), Part-time MBA, International MBA, Master of Management, Master of Management in Operations Research, EMBA in Health Care, Joint MBA/ JD, Joint MBA/MAPPS, Bachelor of Commerce, MSc in Business Administration, PhD in Business Administration, Diploma in Accounting Program (DAP), Diploma in Marketing and Sales Management, Executive Training/ Programs, Licensing Courses and Credit Programs (Real estate), Business Families Centre Programs, Advanced Management Program, Ch’nook Scholars Program.

Class Profile:

  • Average Age:  29
  • Location: Vancouver, British Columbia
  • Duration: 16 months
  • Average Work Experience: 5 years
  • Average GMAT score: 550
  • Tuition Fees: CAD 82,263 (₹ 44,49,273)
  • Ranking: As per QS ranking it ranks 13th position in Canada and 111th globally.

7. De Saulels Faculty of Management

Year of Establishment: 1906

Moving on to the third provinces of Canada, Quebec. The quality of life in Quebec is exceptional. It attracts more than 50 thousand students.

This province has ultra-modern infrastructure, affordable cost of living and culturally lively and among the safest provinces in Canada. Quebec province assure students safety and the universities that boast ultra-modern infrastructure.

And the disadvantage is the province prefer student who can speak French and is also a court problem. Desautels Faculty of Management offers a variety of MBA program. Some of them can be integrated into other field of study such as Law, MBA, MDMBA.

The McGill care competition Association offers you excellent opportunities to learn in real world scenario.

Program Offered:

B.Com, Honours in Investment Management Program, International Management, International Summer Program, MBA (McGill), Professional Part-time MBA Program, Law MBA Program, MD MBA Program, McGill-HEC Montreal Executive MBA, International Masters for Health Leadership, MBA Japan, Post-MBA Japan, International Masters in Practicing Management, Masters in Manufacturing Management Program, Public Accountancy, McGill Executive Institute, McGill-HEC Montreal Executive MBA, Advanced Leadership Program, International Masters in Practicing Management, PhD.

Class Profile:

  • Average Age: 28.5
  • Location: Montreal Quebec
  • Duration: 16 months
  • Average Work Experience: 5 years
  • Average GMAT score: 660
  • Tuition Fees: CAD 98,000 (₹ 53,00,424)
  • Ranking: According to The Financial Times it ranks 2nd in Canada and 87th globally.

8. HEC Montreal

Year of Establishment: 1907

HEC Montreal has 300 faculty members who are industry expert from various work. This popular B-school offers an Optional Global Immersion Program which is an integral to make the very best of the HEC Montreal full time MBA.

This B-school has also an excellent placement record with an average wage increase of 28% across the board.

Program Offered:

Bachelor of Business Administration (BBA), Certificates, MBA (HEC), EMBA, D.E.S.S. (Graduate Studies Diploma), Master of Science in Electronic Commerce, Master of Laws, Taxation option (LL.M), Master of Management in Cultural Enterprises, Short Graduate Program – CGA, Short Graduate Program in Process Performance Improvement – Health and Social Services System, Master of Science in Administration, Short Graduate Program in Data Mining in Business Intelligence (in French only), Master of Management in International Arts Management, PhD in Administration, Executive education programs.

Class Profile:

  • Average Age: 31 years
  • Location: Montreal, Quebec
  • Duration: 2 years
  • Average Work Experience: 8 years
  • Average GMAT score: 625
  • Tuition Fees: CAD 48,856 (₹ 26,42,916)
  • Ranking: According to KUBS research business ranking, HEC Montreal stands 1st in Quebec, 3rd in Canada and 57th globally.

9. John Molson School of Business

Year of Establishment: 1974

This B-school gives you the opportunity to choose your own topics to study. It could be business analytics, entrepreneurship, family funds, people and organization consulting strategy, globalization and experimental and many more.

Only 39% of an average MBA batch of John Molson School of Business is made up of Canadian students and also very popular among international students.

Program Offered: Data Science and Business Analytics, Finance, Financial Engineering, Global Supply Chain Management. MBA, MBA in Investment Management, Executive MBA, PhD in Business Administration.

Class Profile:

  • Average Age: 29 years
  • Location: Montreal, Quebec
  • Duration: 16 months
  • Average Work Experience: 5.5 years
  • Average GMAT score: 623
  • Tuition Fees: CAD 42,000 (₹ 22,72,034)
  • Ranking: Rank 45 in Canada and 78 globally.

10. University of Alberta School of Business

Year of Establishment: 1916

MBA from this university equips you with the right knowledge to help you succeed in all kinds of environment from large corporate to start ups. Mandatory Capstone Project at the end of the program requires you to work with an external organization. Trying to help them handle critical real life problems.

Program Offered: Alberta B. Com, MBA (U of A), Part-Time Evening MBA, Executive MBA, Fast Track MBA for Business Graduates, Ft. McMurray MBA, Doctor of Philosophy, Executive Education, Master of Financial Management.

Class Profile:

  • Average Age: 28 years
  • Location: Edmonto, Alberta
  • Duration: 20 months
  • Average Work Experience: 5.4 years
  • Average GMAT score: 613
  • Tuition Fees: CAD 57,909 (₹ 31,31,789)
  • Ranking: Ranks no 6 in QS global ranking in 2020.

Related Article: Importance of Education in Our Life

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Frequently Asked Questions

Q1. What is the duration of MBA in Canada?

Ans: The duration of MBA in Canada is 1 to 2 years.

Q2. Is there any difference between 1 Year and 2 Year MBA?

Ans: Option of an internship is not available and are intensive course. You need to be more focused and may not be suitable for individuals.

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