Executive MBA in Canada: Check Top Colleges and Fees

Highlights:

• Duration: The duration of executive MBA in Canada is 12-22 months, depending on your chosen university.
• Work Experience: Work experience is one of the most crucial factors for admission to EMBA programs. You need at least 5-7 years of work experience for the same.
• Tuition Fees: As it is a professional course, the average annual tuition fees are high at 89,000 CAD or around 55 lakhs for Indian students.
• Salary Difference: With an executive MBA, you can expect to earn around 36% higher than a regular full-time MBA. Indian students can expect to earn around 72.62 lakhs/ year on average with an EMBA.

An executive MBA in Canada is a professional degree, specially designed for working professionals. It is a 12 months to 24 months course depending on the university. To pursue an Executive MBA or EMBA from a top business school in Canada, you must have at least 5-7 years of experience. GMAT scores are a mandatory requirement for pursuing an EMBA from Canada. As an Indian student, you need to have a minimum IELTS score of 7.0 to show your English proficiency. The average tuition fee for this program is between 48.74 lakhs to 60.92 lakhs for Indian students. A few top universities offering executive MBAs in Canada for Indian students are the following

• University of Toronto: Rotman School of Management
• York University: Schulich School of Business
• University of Ottawa: Telfer School of Management
• University of Western Ontario: Richard Ivey Business School
• McGill University: Desautels Faculty of Management

The 1 year executive MBA in Canada programs are the best way to improve your professional skills. The main difference between a full-time MBA and an executive MBA is that executive MBA is designed for students who are further along in their careers and want to continue working full-time while studying. Comparatively, full-time Master’s in Business Administration (MBA) programs are full-time academic programs for students with fewer years of work experience.

With an executive MBA degree, Indian students can become CEO, Executive Director, CFO, Vice President in companies in India, Canada or worldwide. Graduates with an executive MBA in Canada degree earn more than the students earn with a full-time MBA degree. As per Payscale, you can expect to earn 119,000 CAD/ year on average with an EMBA and 87,000 CAD with a MBA in Canada degree.

Universities for the Top EMBA Programs in Canada

As per QS Executive MBA rankings, the below tabulated universities offer the best executive MBA in Canada

Note: 1 CAD= 60.97 INR as of June 20, 2024

Admission Requirements for Executive MBA in Canada

The university-wise admission requirements for executive MBA in Canada are tabulated below

Eligibility Criteria and Documents Required for EMBA in Canada

An undergraduate degree in any discipline from a recognized university with at least a 'B' average (3.0/4.3 GPA) or equivalent is required to be eligible for admission. If you are an Indian student, apply with a minimum of 83-86% marks. Additionally, you need to submit the following documents to get into top executive MBA programs in Canada.

• Transcripts of previous education
• Letter of Recommendation from employers.
• Answers to Essay questions included within the application package by universities
• Proof of tests required to study in Canada- like IELTS/TOEFL/GRE/GMAT
• Letter of current full-time employment

Canada Student Visa

Already admitted to a one-year executive MBA in Canada? Now it's time to apply for a Canadian student visa. The application fee for a student visa in Canada is CAD 150 and the processing time is 44 days if applied from India. For Indian students, the best way to apply is via the Student Direct Stream program. The documents you need to submit are the following

• Letter of Acceptance
• Valid Passport
• Transcripts/ Marksheets
• School Leaving Certificate
• Evidence of GIC Purchase
• Scholarship/Funding Details [If Applicable]
• Proof of your English or French Proficiency Test
• Student Questionnaire
• Medical Test for Canada Student Visa
• Family Information Form
• IT Records of your parents [Last 2 years]
• Use Representative Form (IMM 5476)

Read more: Canada Student Visa

Class Profile Analysis

Here we have given a detailed analysis of the EMBA class profiles of the top 5 business schools in Canada for Indian students.

Note: As you can see there is no GMAT score mentioned in the table above. The business schools want you to have more professional experience than academics. Hence, they prioritize the work experience you own.

Cost to Study Executive MBA Courses in Canada

The overall cost you spend to study in MBA college in Canada will include tuition fees, cost of living, residence, leisure, and more. The tuition fees for top universities in Canada offering EMBA range from 40,000-135,000 CAD. For an Indian student, this goes up to 24.33-82.12 lakhs INR. The estimated expenditure and cost of living in Canada for an Indian student is around 1,987 CAD per month. The estimated bifurcation of costs are tabulated below

Note: 1 CAD= 60.97 INR as of June 20, 2024

Job Outcomes After Full Time Executive MBA in Canada

Toronto and Vancouver are the two most suitable cities in Canada for businessmen and students. Toronto is a fast-growing commercial and tech hub. It is home to large multinationals, many startups, and the financial industry. On the other hand, Vancouver is blessed with almost zero snow. We would recommend you to plan your studies and try to settle in any of the cities. Now the salary. The reported average annual salary after EMBA in Canada is 119,000 CAD which is almost 36% higher than an MBA salary. The popular job roles that Indian students can pursue after EMBA are given below

Note: 1 CAD= 60.97 INR as of June 20, 2024

Read more: High Paying Jobs in Canada

Note that there are a few universities that offer scholarships for this program, but that too not for Indian students. So if you are thinking of paying the executive MBA in Canada fees via scholarship, that is not possible as it is a professional course designed for candidates who already are settled and have enough income. However, if you are still interested in business administration, you can choose to study for a full-time MBA. Canadian universities offer a wide range of MBA specializations in marketing, finance, health administration supply chain management, economics, digital marketing and many others.

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