Study BCom in Canada: Top Universities, Eligibility Criteria, Fees 2024, Scholarships and Job Opportunities

BCom in Canada, also known as Bachelor of commerce, is usually a 4-year degree that deals with fundamental principles of business management. It is the most popular undergraduate-level course to study in Canada after science. The program allows students to learn the concepts of strategic management in various business disciplines. The tuition fee for a BCom in Canada is somewhere around 20,000 CAD - 61,581 CAD (12.29 lakhs - 37.84 lakhs INR). However, it can go beyond 70,000 CAD (44 lakhs INR) in some universities.

At present, there are 43 colleges and universities in Canada offering BCom degrees. This also includes top universities like University of Toronto, University of British Columbia (UBC), and University of Alberta (UAlberta). BCom in Canada has very good job prospects according to recent research by Economic Times. According to the research, there are more than 54,000 positions to be filled in Canada for graduates with BCom degrees. The average salary with jobs after a BCom degree in Canada is 66,000 CAD (40.57 lakhs INR) per annum.

Check out the complete study guide for international students in Canada:

Highlights

Top Universities for BCom in Canada

Tabulated below are the top universities for Bachelor of Commerce (BCom) in Canada with the program offered, admission deadlines and tuition fees.

BCom in Canada: Course Details

The Bachelor of Commerce (BCom) provides in-depth knowledge of modern business and how it is practised. The program is specifically designed for those willing to develop their skills in finance, accounting, banking, and marketing. It also helps students to master their analytics, problem-solving, and communication skills. The curriculum majorly focuses on specialisations like accounting, entrepreneurship, business analytics, and travel & tourism.

Some of the top subjects taught in a BCom degree are listed below:

• Principles of Management
• Business Economics
• Business Decision-making
• Operations Research
• Industrial Relations
• Marketing Management
• Sales and Distribution Management
• Corporate Strategic Management
• Leadership and Ethics
• Business Communication
• Project Management
• International Business Management
• Industrial Relations

Why Study BCom in Canada?

Before moving further, let us discuss how beneficial it is to pursue a Bachelor of Commerce in Canada for international students.

• Quality of Education: When it comes to quality of education, Canada is no less than the United States. There are wide range of specialisations available with BCom degree in Canada.
• Affordable Cost: The cost of studying in Canada is quite affordable as compared to studying in USA or UK. The BCom course is available at different costs ranging from higher to lower, making it easier for international students from low-income families. Additionally, there are extensive range scholarships available, that will help an individual to reduce his/her financial burden.
• Work Permit: This is one of the major reasons why international students prefer Canada to pursue their higher studies. The Canada work permit allows international students to work part-time during their semesters for up to 20 hours/week. However, the working limit has been lifted for international students which means they can work as much as they want.

BCom in Canada: Eligibility Criteria

As there are more than 40 universities for Bachelor of Commerce in Canada, the eligibility criteria may differ from university to university or the specialisation they offer. The basic admission requirements for international students planning to pursue a BCom degree in Canada is mentioned below:

Basic Admission Requirements:

• 10+2 qualification with a minimum GPA of 3.0 or above in the last year.
• English language proficiency:
  • IELTS- 5.0-7.0
  • TOEFL- 80-100
• Standardised Scores
  • SAT- 1300+
  • ACT- 23+

Documents Checklist:

• Transcripts of previous qualifications achieved
• English language test scores such as TOEFL, IELTS, Duolingo or PTE
• Score results of SAT or ACT exam
• Financial evidence to meet expenses in Canada
• Passport Copy
• Study Permit or Canada Student’s Visa

BCom in Canada: Cost of Studying

The cost of Studying in Canada highly depends on the university, and its location. On average, the tuition in Canada for pursuing a BCom degree ranges between 20,000 CAD - 61,581 CAD (12.29 lakhs - 37.84 lakhs INR). while the cost of living in Canada is between 15,000 to 20,000 CAD (9.21 lakhs to 12.29 lakhs INR) per year.

Tuition Fees:

Estimated tuition fee in Canadian Universities for Bachelor of Commerce degree:

Cost of Living in Canada:

BCom in Canada: Scholarships

There is the range for scholarships provided by Canadian universities based on academic average or financial need. Many universities offer special scholarships for international students to help them cover their tuition fees or their entire education in Canada. Those who fail to meet the minimum eligibility criteria for these scholarships may look for popular scholarships in Canada.

BCom in Canada: Job Opportunities

Earning a BCom degree in Canada is prosperous as the graduates may pursue their careers in a variety of business and management fields. It not only contributes to the country’s economy but also to the global economy. Coming to the average salary, BCom graduates in Canada generally earn 66,000 CAD (40.56 lakhs INR) per annum.

The popular jobs after completion of a BCom degree are Financial Analyst, Accountant, Operations Manager, Financial Controller, etc. Some of the top companies where majoriy of BCom graduates in Canada are shown below

Top Paying Jobs Profiles in Canada after Bachelor of Commerce (BCom):

Also Check: High Paying Jobs in Canada

BCom in Canada - ROI:

BCom in Canada: Comparison By University

Comparing top universities and business Schools and Canada offering Bachelor of Commerce on the basis of basic admission requirements and test scores.

BCom Vs BBA in Canada

Comparing BCom in Canada vs BBA in Canada based on objective, tuition fee, career opportunities and average salary.

Pursuing a BCom degree in Canada is a good choice for those planning to make a career in finance and accounting. Also, it is one of the top courses in Canada after the science stream and has very good career prospects. Graduates of BCom degree usually earn higher salaries compared to BBA graduates. The program is recommended if one is planning to pursue an MBA in finance after completing an undergraduate degree.

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