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A total of 23 MBA colleges in Canada are ranked among the top 300 in QS Global MBA Rankings 2025. 10 of these colleges ranked in the top 200 in the world for MBA by QS World University Rankings 2025. The MBA in Canada is available in a wide range of specializations with most popular being finance, international business, management, supply chain management, investment, and accounting.
- The 10 best MBA colleges in Canada include Rotman, Desautels, Ivey and Smith School of Business.
- The annual tuition in the top 10 MBA colleges in Canada ranges between £32,565 - £129,750 (₹19.64 lakhs - ₹78.28 lakhs).
- University of Victoria and University of Quebec at Chicoutimi are the cheapest colleges for MBA in Canada with tuition fees of $7,771 (₹4.96 lakhs) and $9,864 (₹5.95 lakhs) respectively.
- You need at least 3.0 GPA (70-74%) with 2 years of work experience for admissions in top MBA colleges of Canada.
Also Read:
| 1 Year MBA in Canada | MBA In Vancouver |
10 Best MBA Colleges in Canada
Given below are the 10 best MBA colleges in Canada as per QS Global MBA Rankings 2025:
| QS Global MBA Rankings 2025 | Top MBA Colleges | Annual Tuition Fees (CAD) |
|---|---|---|
| #39 | Rotman School of Management (Toronto) | $68,880 |
| #66 | Desautels Faculty of Management (McGill) | $105,500 |
| #76 | Ivey Business School (Western) | $129,750 |
| #91 | Smith School of Business (Queen's) | $110,000 |
| #101-110 | Sauder School of Business (UBC) | $103,258 |
| #101-110 | Schulich School of Business (York) | $61,886 |
| #131-140 | Alberta School of Business (Alberta) | $32,565 |
| #141-150 | John Molson School of Business (Concordia) | $53,511 |
| #151-200 | HEC Montreal (Montreal) | $62,600 |
| #151-200 | DeGroote School of Business (McMaster) | $47,800 |
Note: 1 CAD = 60.40 INR as of November 29, 2024
Most Affordable MBA Colleges in Canada
Tabulated below are some of the most affordable MBA colleges in Canada for Indian students:
| QS Global MBA Rankings 2025 | MBA Colleges | Annual Tuition Fees (CAD) | Annual Tuition Fees (INR) |
|---|---|---|---|
| #251+ | University of Victoria | $7,771 | ₹4.96 lakhs |
| - | University of Quebec at Chicoutimi | $9,864 | ₹5.95 lakhs |
| - | University of Northern British Columbia | $17,665 | ₹10.66 lakhs |
| #251+ | Wilfrid Laurier University | $17,418 | ₹10.51 lakhs |
| - | Memorial University of Newfoundland | $18,473 | ₹11.15 lakhs |
Also Check: Affordable MBA Colleges in Canada
Admission Requirements for Top 10 MBA in Canada
The below table consists of specific entry requirements admissions across top colleges for MBA in Canada:
| Colleges | GPA Required | Work Experience | ELP Scores | GMAT Scores |
|---|---|---|---|---|
| Rotman School of Management | 3.0 GPA on 4.0 Scale or B Grade (70-74%) | 2 years | IELTS: 7.0 | TOEFL IBT: 100 | 672 (Average) |
| Desautels Faculty of Management | 3.0 GPA on 4.0 Scale or B Grade (70-74%) | 2 years | IELTS: 7.0 | TOEFL IBT: 100 | 675 (Average) |
| Ivey Business School | No minimum GPA requirement | 2 years | IELTS: 7.0 | TOEFL IBT: 100 | 665 (Average) |
| Smith School of Business | B+ Grade or 75% | 2 years or less | IELTS: 7.0 | TOEFL IBT: 100 | GMAT score 600 or GRE- 315+ |
| Sauder School of Business | B+ Grade or 75% | 2 or 3-5 years for competitive edge | IELTS: 7.0 | TOEFL IBT: 100 | GMAT score of 550 (515 in GMAT focus) or650+ (605 in GMAT focus) for competitive Edge |
| Schulich School of Business | B Grade (70-74%) | 2 years | IELTS: 7.0 | TOEFL IBT: 100 | GMAT score of 550 (515 in GMAT focus) or669+ (615 in GMAT focus) for competitive Edge |
| Alberta School of Business | 3.0 GPA or 70-74% | 2 years | IELTS: 7.0 | TOEFL IBT: 100 | 550 |
| John Molson School of Business | 3.0 GPA on 4.3 Scale or B Grade (78-81%) | 2 years | IELTS: 7.0 | TOEFL IBT: 95 | 580 or better |
| HEC Montreal | No minimum GPA requirement | 3 years | IELTS: 7.0 | TOEFL IBT: 100 | No minimum test requirement |
| DeGroote School of Business | B Grade or 70-74% | 2 years | IELTS: 7.0 | TOEFL IBT: 100 | 555+ |
Also Check:
| Application Deadlines for MBA in Canada | MBA in Canada Without GMAT |
MBA Colleges in Canada With Highest ROI
Listed below are the MBA colleges with the highest ROI in Canada against the annual tuition fee:
| MBA Colleges | Annual Tuition Fees (CAD) | Average Annual Salary (CAD) | ROI |
|---|---|---|---|
| Wilfrid Laurier University | $17,418 | $86,722 | 397.89% |
| Alberta School of Business | $32,565 | $95,000 | 191.72% |
| John Molson School of Business | $53,511 | $105,113 | 96.43% |
| Rotman School of Management | $68,880 | $123,724 | 79.62% |
| DeGroote School of Business | $47,800 | $81,900 | 71.34% |
| HEC Montreal | $62,600 | $103,500 | 65.34% |
| Schulich School of Business | $61,886 | $91,359 | 47.62% |
Note: 1 CAD = 60.40 INR as of November 29, 2024
Also Check:
MBA in Canada in one of top business schools is worth going for. Not only these programs are affordable but also offer high ROI with graduates earning a salary between £32,565 - £129,750 (₹19.64 lakhs - ₹78.28 lakhs) annually. With an MBA in Canada from top business schools, you can expect job offers from top MNCs like Accenture, KPMG, Deloitte, EY, Scotiabank etc. One can also look for affordable MBA colleges in Canada withe tuition ranging between $7,771 (₹4.96 lakhs) and $18,473 (₹11.15 lakhs)
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