MBA Cost in Canada for International Students: Top Colleges and Fee Structure
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Wondering if pursuing an MBA in Canada is within your reach? Ok, let us show you a figure here, Canada's top MBA business schools have seen a significant surge in enrollment from Indian students, with numbers soaring by 30% in recent years (source economictimes). Do you have it in you to study that MBA course, If yes, then, let's dive into our guide on MBA costs in Canada for international students, revealing the top colleges, fee structures, total cost for an MBA, and more.
MBA Colleges in Canada with Fees
The MBA cost in Canada typically ranges from INR 10 Lakhs to INR 50 Lakhs for the first year. While many Canadian universities charge tuition fees between INR 20 Lakhs to INR 40 Lakhs, some top institutions that have a high global ranking may have first-year tuition fees exceeding INR 40 Lakhs.
Below let us take a look at the top 6 universities and the total cost of an MBA in Canada for Indian students in rupees and CAD
1. University of Canada West MBA Fees
Situated in Vancouver, the University Canada West has earned a prestigious 5-star rating from the QS Stars higher education rating system, making it the third university in Canada and the first in British Columbia to achieve this distinction. Below is the University of Canada West MBA cost
2. University of Toronto MBA Fees
The Rotman School of Management by the University of Toronto stands as the premier MBA offering in Canada. The business school ranks among the global elite, boasting a faculty and research program consistently ranked within the top 5 worldwide.
The major specializations include Brand Management, Business Design, Consulting, Financial Reporting and Analysis, Funds Management, and more
3. University of British Columbia MBA Fees
The University of British Columbia (UBC) stands proudly among the world's leading public universities, consistently ranked within the top 100 globally by esteemed ranking providers. UBC boasts a student body of 72,585 individuals, with 60,607 studying at the Vancouver campus and 11,978 at the Okanagan campus.
Predominantly composed of undergraduates, around 80 percent of UBC's total population is pursuing undergraduate degrees across both campuses.
4. York University Canada MBA Fees
York University, renowned for its teaching and research, stands as a top public university in Canada's largest city, Toronto. York University has achieved top rankings in the Times Higher Education Impact Rankings for 5 consecutive years.
Recent reports reveal an impressive placement rate of 91%, signifying that 91 out of every 100 students secure job offers within 6 months of graduation.
5. University of Calgary MBA Fees
The University of Calgary, ranked among the top 200 universities globally, holds the #182 spot in the QS Best Global Universities rankings. Its MBA program features a capstone project, offering students the opportunity to tackle real-world business challenges with their acquired knowledge and skills.
Here is a comprehensive list of MBA universities in Canada.
6. University of Windsor MBA Fees
Established in 1857, the University of Windsor is a prestigious public research institution. With a total enrollment of 16,321 students across full-time and part-time programs, it stands as the southernmost university in Canada. Representing 23% of the student population, international students from over 100 countries contribute to the university's diverse community.
Top 12 Colleges for Low-Cost MBA in Canada in 2024
Below are some of the universities that offer low-cost Canada MBA fees for Indian students. By choosing one of these low-cost options, you could potentially save a significant amount of money on your tuition fees, while still receiving a high-quality education.
Want to know how to prepare the SOP for MBA in Canada, then read this blog, Sample SOPs Inside
Total Cost of MBA in Canada for Students Including Cost of Living
Living costs for MBA students in Canadian colleges can range from INR 18,000 to INR 20,000 per month for off-campus accommodation and escalate to INR 1L to INR 10L for on-campus living arrangements. When factoring in additional expenses (such as electricity, water, recreation, and others), the total annual living expenditure amounts to approximately INR 57L inclusive of tuition fees.
Also Read: Top 20 Best Courses After an MBA in Canada in 2024
Pre-Arrival MBA Cost in Canada
Scholarship for MBA Course in Canada for Indian Students
The MBA tuition fees in Canada for International students can be quite overwhelming, however, you should consider scholarships such as merit-based, women's scholarships, and more which can alleviate the course cost. Here are some of the top scholarships with grants and eligibility for the same.
Must Read: How to Pursue an MBA in Canada Without GMAT?
Canada Calling: Unlock MBA Course with GetGIS Consultants
In conclusion, while the prospect of pursuing an MBA in Canada may seem daunting in terms of cost, our exploration has shed light on various factors to consider. From tuition fees and living expenses to additional costs, understanding the full financial picture for making an informed decision.
Additionally, with GetGIS Study abroad consultants you can navigate the complexities without any hassles. Our seasoned professional will guide you towards your MBA aspirations in Canada, by offering end-to-end assistance such as s student visa, prearrival preparation, post-landing services, and more.
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Frequently Asked Questions
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