Masters in Canada: Fees 2024, Top Colleges, Placements & Salaries

Best Universities in Canada for Masters

Currently, over 3,200 masters degree programs across 100+ universities in Canada are available to international students. Some popular universities offering masters degree programs to Indian students across various Canadian cities are as follows:

Masters in Quebec

Masters in Ontario

Masters in British Columbia

Masters in Alberta

Masters in Other Canadian Provinces

Why Study Masters in Canada?

• World Renowned Universities: Canada houses 3 of the top 50 and 8 of the top 200 universities in the world according to THE World University Rankings, 2024.
• Specialization Options: In Canada, you can choose from a wide range of masters programs in numerous study fields. There are a range of traditional and modern-day courses in the field of Engineering & Technology, Business, IT, Medicine, Finance, Architecture, Supply Chain, Nursing, Design and more.
• Visa Acceptance: Canada is known for having an easy and fast visa process. Some Canada student visa are processed as fast as within 3 weeks of application.
• Work While Studying: Full-time Indian students on a Canada student visa can work both on and off-campus. Indian students can work up to 20 hours per week while classes are in session. Students can work full time during vacations.
• Affordability: Although Canada offers world-class programs across its globally ranked universities, the tuition fees in the Canadian universities are comparatively lesser than the US institutes. Furthermore, the living expenses in the cities in Canada are comparatively lesser than the US counterparts. This ensures similar education quality and lifestyle at affordable rates, making Canada a reliable place for students on a tight budget.
• Scholarships: International students can avail a range of scholarships and other funding towards their tuition and living expenses in Canada. Some scholarships in Canada can cover up to 100% of your expenses, while others will partially cover the amount.
• Job Opportunities: Employment opportunities in Canada are steadily increasing since 2020. The growth in annual jobs generated in Canada is graphically provided below:

Applying for Masters in Canada

Admission to the universities in Canada is gradually becoming competitive with the rapid influx of international students. Just like the USA, academic sessions in Canada also start in September (Fall).

Indian students are advised to apply at the earliest in Fall, as, it is the largest intake and maximises the chance of admission for international students. Besides, it becomes a bit difficult for international students to acclimatize to the freezing weather in Canada if they start the session in Winter intake. Details of admission application in Canada are as follows:

Eligibility Criteria for Masters in Canada

For admission to masters courses in the Canadian institutions, international students should satisfy the following eligibility criteria:

• Minimum GPA of 3.0 out of 4.0 (85%)
• Standardized test scores (Course-specific):
  • GMAT: 550
  • GRE Verbal: 140 | GRE Quantitative: 150
• English proficiency requirements:
  • IELTS: 6.5-7.0
  • TOEFL iBT: 80-100
• Professional work experience of 0-3 years (Depending on course and university)

Supporting Documents:

• Statement of purpose or essay
• 1-3 Letters of recommendation
• CV/ Resume
• Valid passport
• Financial statement (Proof of fund availability to stay and study in Canada)

Affordable Universities for Masters in Canada

Some masters courses in Canada can be budget friendly, depending on the university type, program type, location, and related factors. Here are some universities in Canada offering masters to international students at affordable rates:

Cost of Living in Canada

The cost of living in Canada is 63,000 CAD (38.97 lakhs INR) per year, on average. The living cost depends on the university location, selected residence, health insurance, and miscellaneous expenses. The average flat rent in some popular Canadian student cities are as follows:

Jobs and Salaries After Masters in Canada

Some top companies hiring the masters graduates in Canada are, Amazon, Microsoft, Deloitte, Accenture, HSBC, and Adobe among others. After completing masters in Canada, graduates reportedly earn an average salary of 69,000 CAD (42.60 lakhs INR) per year. Some top professions pursued after completing various masters courses in Canada are as follows:

Securing high paying jobs after masters in Canada is not the only goal for graduates. After gaining considerable local work experience in Canada, Indian graduates can apply for Permanent Residency in Canada. This will help in gaining social benefits similar to Canadian citizen, like work or study anywhere in Canada for around 5 years.

Furthermore, free universal healthcare, free education for children, social security benefits, family sponsorships are also available with a Canada PR. After staying in Canada for 3 years on Canada PR, you can also apply for Canadian citizenship. All these benefits, combined, makes Canada an ideal destination to pursue masters programs.