MBA in Business Analytics in Canada 2024

MBA in Business Analytics in Canada 2024

What's New?

  • Top Universities: MBA in Business Analytics is offered by top universities in Canada like McGill University, McMaster University, Queen’s University, etc.
  • Tuition Fees: The average tuition fee range for MBA in Business Analytics in Canada is 21,000-56,000 CAD (12.74 lakhs-33.99 lakhs INR).
  • Cost of Living in Canada: The annual cost of living in Canada for an Indian student is around CAD 63,738 (39 lakhs INR).
  • Career Opportunities: Canada is home to top recruiters like EY, Deloitte, Amazon, and more, offering students plenty of career opportunities.

MBA in Business Analytics in Canada is a two-year program that combines business management education with specialised training in analytics, data management, and statistical analysis. It prepares you to work in various industries, including finance, healthcare, marketing, and consulting. It is a popular course offered at several top universities in Canada such as the University of Calgary, McGill University, McMaster University, Queen’s University, York University, and University of Alberta, among others.

For Indian students, MBA in Business Analytics in Canada has an annual fee ranging from 13 lakh to 34 lakh INR per year. The admission requirements for the course include:

  • 4-year UG with 3.0 out of 4 GPA (85%)
  • GMAT 550-700
  • IELTS 6.5-7.0

The demand for business analytics in Canada is growing consistently, but the job opportunities for Indian students are still limited, and therefore the course is highly competitive. It is most suited for individuals with about 4 years of work experience and a background in data analysis who wish to go for management and consultancy roles.

Upon placement, students can earn an average annual salary of CAD 88,000 (53 lakhs INR). The top recruiters for MBA in Business Analytics in Canada graduates include EY, Deloitte, Amazon, and more.

Top Universities for MBA in Business Analytics in Canada

The table below shows the details about MBA in Business Analytics in Canada for Indian students in the top universities.

QS Ranking 2025 University Program Offered Application Deadlines
#29 McGill University MBA in Business Analytics 1st Aug 2024
#176 McMaster University MBA in Business Analytics 15th Dec 2024
#198 University of Calgary MBA in Business Intelligence and Data Analytics 1st Mar 2025
#193 Queen’s University MBA in Financial Analytics 1st Sep 2024
#423 Laval University MBA in Business Analytics 15th Aug 2024
#362 York University MBA in Business Consulting 9th Oct 2024
#741 Carleton University MBA in Business Analytics 1st Mar 2025
#1201 Brock University MBA in Business Analytics 1st Aug 2024
#96 University of Alberta MBA in Operations and Business Analytics 1st Nov 2024

Among these universities, McGill University is most preferred by Indian students due to its course structure, quality of education, and placement opportunities. The university has a placement percentage of 92% within six months of degree completion for its MBA graduates.

Why Study MBA in Business Analytics in Canada

An MBA can give your career a boost, and a specialized MBA can do much more. Here are some reasons to consider an MBA in Business Analytics in Canada:

  • Canada has a number of top ranking universities including University of Alberta (QSWUR #96), McGill University (QSWUR #29), University of British Columbia (QSWUR #38), etc. The quality of education, state-of-the-art infrastructure, and international exposure contribute to the high rankings of universities in Canada and attract Indian students.
  • Data analysis provides accurate and predictive insights for business administration, which is why this MBA specialization is gaining momentum. The compound annual growth rate for business analytics is 9.63% from 2024 to 2031, marking substantial growth.
  • The course equips you with a highly versatile skill set that is highly valuable in today’s market. Additionally, the alumni networks and connections with top-tier business schools after MBA in business analytics in Canada often provide access to lucrative career opportunities.

MBA in Business Analytics in Canada: Course Modules

The courses taught in MBA in Business Analytics in Canada include:

  • Business Analytics
  • Big Data in Finance
  • Business Economics
  • Portfolio Principles and Management
  • Predictive analytics
  • Project management
  • Strategy and enterprise analysis

The course trains students to be able to solve business-related problems using data insights. It is a STEM program that involves big data processing and analysis along with business and project management.

MBA in Business Analytics in Canada: Admission

The intake seasons for MBA in Business Analytics in Canada are Winter (January), Fall (September), and Summer(May). The detailed admission requirements are provided below.

Eligibility Criteria

There are certain skills essential for an analyst profile before you can study business analytics. These include:

  • Statistics
  • Data Science
  • Programming Language (Python, R, Teradata, MySQL, VBA)
  • Visualization Tools (Power BI, Tableau)

To be eligible for admission to MBA in Business Analytics in Canada, you need:

  • Four-year undergraduate program with linear algebra, statistics, and calculus
  • GPA of 3.0/4.0 (83%-86%)
  • GMAT: 550 - 700
  • English Language Requirements: IELTS 6.5 - 7 or Equivalent
  • SOP
  • Letters of Recommendation
  • Work Experience: minimum two years
University GMAT IELTS
McGill University 700 6.5
McMaster University 600 7
University of Calgary 550 7
Queen’s University 600 7.5
Laval University 550 6.5
York University 550 7
Carleton University 550 6
Brock University 550 6.5

You need a minimum of two years of work experience for admission to an MBA in business analytics in Canada, though the average work experience of people in the course is 4 years.

Visa Requirements for Indian Students

The application fee for a Canada student visa is CAD 150 (INR 9152.69). The documents required for a visa include:

  • A confirmation letter from a designated learning institution (DLI)
  • Statement of Purpose
  • Proof of identity
  • Proof of financial support up to 11,000 CAD (6 lakhs INR) per annum
  • Medical examination report

The processing time for a Canadian visa application is about 11 weeks. You can apply for a visa both online and offline (paper application). The process is outlined below.

Canada Student Visa Application Process

Cost of Studying MBA in Business Analytics in Canada

Studying in Canada can be expensive. It includes tuition fees and the cost of living in Canada. The annual fees for some popular universities are provided in the table below.

University Annual Tuition Fee (CAD) Tuition Fee (INR)
McGill University 49,750 30.2 lakhs
McMaster University 21,450 13 lakhs
University of Calgary 39,660 24 lakhs
Queen’s University 52,550 31.9 lakhs
Laval University 31,455 19 lakhs
York University 56,125 34 lakhs
Carleton University 55,000 33.3 lakhs
Brock University 34,175 20.7 lakhs
University of Alberta 30,578 18.5 lakhs

The tuition fees for MBA in Business Analytics in Canada range from INR 12 lakh to 34 lakh.

MBA in Business Analytics in Canada Tuition Fee

Cost of Living in Canada

The cost of living in Canada varies depending on the university, location, and student’s lifestyle. The below table shows estimated living expenses in Canada for Indian students.

Expenses Cost (in CAD) Cost (in INR)
Books and Supplies 300 18,300
Accommodation 250 - 900 15,200 - 55,000
Meal 250 15,200
Transportation 150 9,200
Clothing 100 6,100
TOTAL 800 48,800

Cost of Living in Canada

MBA in Business Analytics in Canada: Scholarships

Scholarships help offset the cost of studying MBA in Business Analytics in Canada. Some of the scholarships available to Indian students are tabulated below:

Scholarships Awarding Institution Eligibility Benefits
Adam Dinkes MBA Leadership Award McGill University Academic Merit | Leadership Skills 10,000 CAD
Sandhya and Swati Sharma MBA Leadership Award McGill University Academic Merit | Leadership Skills 10,000 CAD
DeGroote MBA Scholarships McMaster University Academic Merit | Leadership Skills | Financial Need 500-10,000 CAD
General Entrance Scholarships Queen’s University Academic Merit 10,000-70,000 CAD
Seymour Schulich MBA Entrance Scholarship York University Academic Merit 27,104 CAD
Tanna H. Schulich MBA Entrance Scholarship York University Academic Merit 27,104 CAD
Merit Scholarships Carleton University Academic Merit 1,000-20,000 CAD
Goodman Scholarship Program Brock University Academic Merit | Leadership Skills | Financial Need 3,000 CAD
Claude Winspear MBA Award University of Alberta Academic Merit | Leadership Skills | Financial Need | Business and Entrepreneurship background 10,000

All of the above-mentioned scholarships are merit-based, i.e., individuals with exceptional academic records are eligible for these scholarship programs.

MBA in Business Analytics in Canada Placement

The average salary after MBA in Business Analytics in Canada for an Indian student can reach up to 154,000 CAD (93 lakhs INR) per year. It is better to have at least four years of experience under your belt before you go for an MBA in Business Analytics in Canada.

An important point to note is that though the salary range in Canada is quite high when compared to India (INR ), the chances of finding a placement there are limited. Some of the common job roles taken up by MBA in Business Analytics in Canada graduates are:

Job Title Average Salary Package (CAD) Salary Equivalent (INR)
Merchandise Planner 60,000 36.42 lakhs
Business Analyst 68,000 41.28 lakhs
Business Consultant 69,000 41.88 lakhs
Business Continuity Professional 105,000 63.74 lakhs
Business Development Coordinator 51,000 30.96 lakhs
Business Development Associate 51,000 30.96 lakhs
Business Development Manager 70,000 42.49 lakhs
Business Operations Specialist 60,000 36.42 lakhs
Business Process Writer 106,000 64.35 lakhs
Business Development Specialist 61,000 37.03 lakhs
Senior Business Analyst 91,000 55.24 lakhs

Due to the growing popularity of big data-related jobs, MBA in Business Analytics in Canada is getting a lot of attention. Popular universities, such as McGill, McMaster, and UBC, have seen an increase in the number of applications from Indian students. The job opportunities in the field will increase by over 20,000 in Canada by 2031, indicating more career opportunities for MBA in Business Analytics graduates.

FAQs

Ques: How much does a graduate of MBA in business analytics earn in Canada?

Ans: Graduates of MBA in Business Analytics in Canada can expect to earn a highly competitive salary upon completion of their program. According to recent surveys and industry data, the average salary range for graduates of MBA in Business Analytics in Canada is between 90,000 CAD to 222,000 CAD per year. This equates to approximately 54 lakhs to 1.34 crore INR per year, making it one of the most lucrative fields of study in Canada.

Ques: Is a business analytics job in demand in Canada?

Ans: From 2022 to 2031, there will be 20,400 job opportunities available in Canada for economists, economic policy researchers, analysts, business development officers, marketing researchers, and consultants due to expansion and replacement demand.

Ques: Is GMAT required for MBA in business analytics in Canada?

Ans: Yes, a GMAT score of 550+ is required for MBA in Business Analytics in Canada

Ques: Which institute is best for MBA in business analytics in Canada?

  • McGill University
  • McMaster University
  • University of Calgary
  • Queen’s University
  • Laval University
  • York University
  • Carleton University
  • Brock University
  • University of Alberta

Ans: Following are the top universities for MBA in business analytics in Canada:

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