Top MBA colleges in Canada are known for their academic excellence, global rankings, and strong return on investment. Institutions like Rotman School of Management (University of Toronto, QS Global Rank 39), Desautels Faculty of Management (McGill University, Rank 66), and Ivey Business School (Western University, Rank =76) offer competitive MBA programs in key specializations such as Finance, Marketing, Business Analytics, and Entrepreneurship.
Tuition fees range widely—from CAD 9,666 at Memorial University to CAD 105,000 at Queen’s University—with program durations vary between 12 and 24 months. Admission requirements include a bachelor degree, GPA 3.0, GMAT scores from 550 to 670 and English proficiency tests like TOEFL (79–105) or IELTS (6.5+).
Studying an MBA in Canada provides access to a globally respected education system, multicultural campuses, and a favorable immigration pathway. Graduates also benefit from strong employment outcomes: entry-level MBA salaries average between CAD 70,000 and CAD 90,000, while experienced professionals can earn over CAD 130,000 annually in roles across finance, consulting, technology, and management.
Check Out: Study in Canada
Top MBA Colleges in Canada
Canada offers world-class MBA programs across its top universities. Based on the QS Global MBA Rankings, here are the top MBA colleges in Canada:
| QS Global MBA Rank | University Name | Location |
|---|---|---|
| 39 | University of Toronto (Rotman) | Toronto, ON |
| 66 | McGill University (Desautels) | Montreal, QC |
| =76 | Western University (Ivey) | Ontario |
| 91 | Queen’s University (Smith) | Ontario |
| 101–110 | University of British Columbia (Sauder) | Vancouver, BC |
| 101–110 | York University (Schulich) | Toronto, ON |
| 131–140 | University of Alberta | Edmonton, AB |
| 141–150 | Concordia University (John Molson) | Montreal, QC |
| 151–200 | HEC Montréal | Montreal, QC |
| 151–200 | McMaster University (DeGroote) | Hamilton, ON |
| 201–250 | Dalhousie University (Rowe) | Halifax, NS |
Read More: Top Universities of Canada
Top MBA Colleges in Canada for Finance
Canada offers some of the top MBA courses in Finance, designed for students seeking careers in investment banking, corporate finance, or financial consulting. Here are the best MBA colleges in Canada for Finance, with details on program duration and tuition fees:
| University | Program Name | Duration | Tuition Fee (CAD) | Tuition Fee (INR) |
|---|---|---|---|---|
| McGill University, Montreal | MBA Management – Finance | 2 years | 29,780 | 18.81L/Yr |
| University of Alberta, Edmonton | MBA Finance | 20 months | 28,847 | 18.22L/Yr |
| Laval University, Quebec City | MBA Finance | 2 years | 21,432 | 13.53L/Yr |
| Dalhousie University, Halifax | MBA Financial Services | 2 years | 57,600 | 36.37L/Yr |
| Carleton University, Ottawa | MBA Financial Management | 2 years | 43,079 | 27.20L/Yr |
Also Read: MBA in Finance in Canada
Top MBA Colleges in Canada for Business Analytics
Business Analytics is one of the fastest-growing specializations in Canadian MBA programs, blending data science with strategic decision-making. Here are the top MBA colleges in Canada for Business Analytics, with program details and tuition fees:
| University | Program Name | Duration | Tuition Fee (CAD) | Tuition Fee (INR) |
|---|---|---|---|---|
| McGill University, Montreal | MBA Management – Business Analytics | 2 years | 29,780 | 18.81L/Yr |
| University of Alberta, Edmonton | MBA Business Analytics | 20 months | 46,200 | 29.18L/Yr |
| McMaster University, Hamilton | MBA Business Analytics | 2 years | 41,247 | 26.05L/Yr |
| Laval University, Quebec City | MBA Business Analytics | 2 years | 21,432 | 13.53L/Yr |
| Carleton University, Ottawa | MBA Business Analytics | 1 year | 56,250 | 35.52L/Yr |
Top MBA Colleges in Canada for Marketing
Marketing-focused MBA programs in Canada offer a mix of strategic thinking, consumer behavior insights, and digital marketing tools. Below are the top MBA colleges in Canada for Marketing, featuring program details and tuition fees:
| University | Program Name | Duration | Tuition Fee (CAD) | Tuition Fee (INR) |
|---|---|---|---|---|
| McGill University, Montreal | MBA Management – Marketing | 2 years | 29,780 | 18.81L/Yr |
| Laval University, Quebec City | MBA Strategic Marketing | 2 years | 21,432 | 13.53L/Yr |
| Queen’s University, Kingston | MBA Marketing and Sales | 1 year | 105,000 | 66.31L/Yr |
| Brock University, St. Catharines | MBA Marketing | 2 years | 20,175 | 12.74L/Yr |
| Desautels Faculty of Management, Montreal | MBA Management – Marketing | 2 years | 29,780 | 18.81L/Yr |
Also Check: MBA in Marketing in Canda 2025
Top MBA Colleges in Canada for Entrepreneurship
For students aiming to launch startups or lead innovation-driven businesses, several Canadian universities offer specialized MBA programs in entrepreneurship. Below are the top MBA colleges in Canada for Entrepreneurship, including program details and tuition costs:
| University | Program Name | Duration | Tuition Fee (CAD) | Tuition Fee (INR) |
|---|---|---|---|---|
| University of Alberta, Edmonton | MBA Innovation and Entrepreneurship | 2 years | 28,847 | 18.22L/Yr |
| Laval University, Quebec City | MBA Entrepreneurship and SME Management | 2 years | 21,432 | 13.53L/Yr |
| Memorial University of Newfoundland, St. John’s | MBA Social Enterprise and Entrepreneurship | 1 year | 9,666 | 6.10L/Yr |
| School of Business, University of Alberta, Edmonton | MBA Innovation and Entrepreneurship | 2 years | 28,847 | 18.22L/Yr |
Know More: Best Master in Entrepreneurship Colleges & Universities in Canada in 2025
MBA in Canada: Admission Requirements
Admission to the top MBA colleges in Canada are competitive and holistic. Below is a structured overview of the general eligibility and document requirements:
1. Academic Qualifications
- A bachelor’s degree or equivalent from a recognized institution is mandatory.
- A minimum GPA of 3.0 to 3.3 on a 4.0 scale is commonly required.
- Some schools (e.g., UBC Sauder) expect a strong quantitative background with coursework in linear algebra, calculus, and statistics.
2. Work Experience
- Most programs require a minimum of 2 years of full-time post-graduate work experience.
- While not always mandatory, competitive applicants typically have 3–5 years of professional experience.
3. English Language Proficiency
Required for non-native English speakers:
- TOEFL iBT: 90–100
- IELTS: 6.5–7.0 (with no band less than 6.5 for top schools)
- PTE: 61–70
- Duolingo (accepted at select schools): Minimum 120
4. GMAT/GRE Scores
- Most top schools require a GMAT score between 550–670, or a GRE equivalent.
- Some schools offer GMAT waivers (e.g., CFA Level 2 holders at Rotman).
- A GRE score of 330+ (combined verbal and quant) is considered competitive.
5. Documents Required
- Official/Unofficial academic transcripts
- Resume/CV
- Two or three reference letters (academic or professional)
- Statement of Purpose or Essays (e.g., Rotman requires essays + a video interview)
- Proof of English language proficiency
- Financial documentation (where applicable)
- Online application form and application fee payment
Canada offers a range of MBA programs across fields such as Finance, Marketing, Business Analytics, and Entrepreneurship. Admission typically requires a strong academic background, relevant work experience, standardized test scores, and proficiency in English. With multiple options across provinces and program formats, students can choose from a variety of institutions that match their goals and qualifications.
FAQs
Ques: What is the average cost of an MBA in Canada for international students?
Ans: MBA tuition in Canada typically ranges from CAD 20,000 to CAD 60,000 per year, depending on the university and program.
Ques: What are the eligibility criteria for studying MBA in Canada?
Ans: Most MBA programs require a bachelor’s degree, GMAT or GRE scores, 2–3 years of work experience, and IELTS (6.5+) or TOEFL (90+) scores.
Ques: Is work experience mandatory for an MBA in Canada?
Ans: Yes, most universities expect at least 2 years of full-time work experience for MBA admissions.
Ques: What are the post-MBA job prospects in Canada?
Ans: Entry-level MBA graduates can earn CAD 70,000–90,000, with experienced professionals earning over CAD 130,000 annually.
Ques: Can I stay in Canada after completing my MBA?
Ans: Yes, international students are eligible for a Post-Graduation Work Permit (PGWP) of up to 3 years.
Ques: Do Canadian universities accept 3-year bachelor's degrees from India?
Ans: Many universities accept 3-year Indian bachelor's degrees, but it's best to check with the specific university for confirmation.
Ques: Is GMAT mandatory for MBA in Canada?
Ans: While GMAT is required by most top B-schools, some universities offer GMAT waivers based on academic or professional experience.
Found 72 universities
| Rank | College Info | Tuition Fees & living Cost(Avg.) | Top Courses | Ranking & Reviews | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| #1 |  Richard Ivey School of Business, LondonOntario, Canada8%Acceptance Rate | Living: $9K/Yr (CA$12,262/Yr)Admission | MBADuolingo125TOEFL92$97.1K/Yr CA$132,994 Course duration: 1 year Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #2 |  Desautels Faculty of Management, MontrealQuebec, Canada35%Acceptance Rate | Living: $7.6K/Yr (CA$10,350/Yr)Admission | MBAIELTS7$79.2K/Yr CA$108,500 Course duration: 1 year 4+ More Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #3 |  Rotman School of Management, TorontoOntario, Canada70%Acceptance Rate | Living: $4.4K/Yr (CA$6,000/Yr)Admission | MBATOEFL100$51.3K/Yr CA$70,260 Course duration: 2 years Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #4 |  John Molson School of Business, MontrealQuebec, Canada40%Acceptance Rate | Living: $10.5K/Yr (CA$14,400/Yr)Admission | MBADuolingo120TOEFL90$20.4K/Yr CA$27,950 Course duration: 2 years 1 More Program | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Partner Colleges
Best In Academic
University of Regina
Regina, Saskatchewan
$14.8K
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Vancouver, British Columbia
$33.6K
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St. Catharines, Ontario
$28.9K
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University of Ottawa
Ottawa, Ontario
$25.8K
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Ottawa, Ontario
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Dalhousie University
Halifax, Nova Scotia
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University of New Brunswick (Fredericton)
Fredericton, NewBrunswick
$4.9K
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Brock University
St. Catharines, Ontario
$28.9K
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Trinity Western University
Langley, British Columbia
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Thompson Rivers University
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| #5 |  Stephen J.R. Smith School of Business, KingstonOntario, Canada45%Acceptance Rate | MBATOEFL100$61.2K/Yr CA$83,785 Course duration: 1 year 1 More Program | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #6 |  HEC Montreal, MontrealQuebec, Canada17%Acceptance Rate | Admission | MBAGMAT630TOEFL95$46.7K/Yr CA$64,000 Course duration: 1 year 1 More Program | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #7 |  Sauder School of Business, VancouverBritish Columbia, Canada40%Acceptance Rate | Living: $21.7K/Yr (CA$29,700/Yr)Admission | MBAIELTS7.0PTE70$57.1K/Yr CA$78,188 Course duration: 16 months Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #8 |  Ted Rogers School of Management, TorontoOntario, Canada80%Acceptance Rate | Living: $9.5K/Yr (CA$12,975/Yr)Admission | MBAGMAT650TOEFL100PTE68$42.3K/Yr CA$57,891 Course duration: 1 year Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #9 |  University of Alberta, EdmontonAlberta, Canada58%Acceptance Rate | Living: $14.1K/Yr (CA$19,344/Yr)Admission | MBAGMAT550TOEFL100PTE68$56.9K/Yr CA$78,000 Course duration: 20 months 7+ More Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #10 |  Queen's University, KingstonOntario, Canada42%Acceptance Rate | Admission | MBATOEFL100$61.2K/Yr CA$83,785 Course duration: 1 year 2+ More Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| #11 |  Schulich School of Business, North YorkOntario, Canada30%Acceptance Rate | Living: $3.3K/Yr (CA$4,500/Yr)Admission | MBATOEFL100$90.5K/Yr CA$123,928 Course duration: 8 months 1 More Program | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #12 |  School of Business, University of Alberta, EdmontonAlberta, Canada21%Acceptance Rate | Admission | MBAGMAT550TOEFL100PTE68$56.9K/Yr CA$78,000 Course duration: 20 months 4+ More Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #13 |  DeGroote School of Business, HamiltonOntario, Canada63%Acceptance Rate | Admission | MBATOEFL100$78.3K/Yr CA$107,300 Course duration: 20 months 1 More Program | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #14 |  Beedie School of Business, VancouverBritish Columbia, Canada59%Acceptance Rate | Admission | M.B.A Management of TechnologyGMAT620TOEFL93PTE65$14.1K/Yr CA$19,351 Course duration: 24 months 1 More Program | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #15 |  Haskayne School of Business, CalgaryAlberta, Canada56%Acceptance Rate | Admission | MBAGMAT550IELTS7PTE68$63.8K/Yr CA$87,449 Course duration: 2 years 1 More Program | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #16 |  Rowe School of Business, HalifaxNova Scotia, Canada38%Acceptance Rate | Admission | M.B.A Financial ServicesGRE300TOEFL92PTE65$42K/Yr CA$57,600 Course duration: 2 years 1 More Program | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #17 | Telfer School of Management, OttawaOntario, Canada50%Acceptance Rate | Tuition: $23.4K/Yr (CA$32,013/Yr)Admission | MBAGMAT550IELTS7PTE68$25.8K/Yr CA$35,367 Course duration: 2 years 1 More Program | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #18 | Goodman School of Business, St. CatharinesOntario, Canada50%Acceptance Rate | Tuition: $25.2K/Yr (CA$34,553/Yr)Admission | MBAGMAT550TOEFL105PTE72$28.9K/Yr CA$39,565 Course duration: 2 years Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #19 |  Peter B. Gustavson School of Business, VictoriaBritish Columbia, Canada64%Acceptance Rate | Admission | MBATOEFL90PTE65$17.4K/Yr CA$23,781 Course duration: 2 years 2+ More Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #20 |  Edwards School of Business, SaskatoonSaskatchewan, Canada60%Acceptance Rate | Admission | MBADuolingo120IELTS6.5PTE63$51.8K/Yr CA$70,915 Course duration: 12 months Programs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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