Top M.B.A Colleges & Universities in Canada in 2025 - Courses, Fees, & Eligibility
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Manik

Study Abroad Content Specialist | Updated on - Jul 30, 2025

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

Check: Business Analytics Colleges in Canada


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.

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Found 72 universities

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RankCollege InfoTuition Fees & living Cost(Avg.)Top CoursesRanking & Reviews
#61University of Regina logo

University of Regina, Regina

Saskatchewan, Canada90%Acceptance Rate
Tuition:  $14.4K/Yr (CA$19,990/Yr)Living$5.6K/Yr (CA$7,780/Yr)Admission M.B.AGMAT550IELTS7.5PTE68$14K/Yr
CA$19,441
Course duration: 2 years
1 More Program
6.2/10(4 Users)Ranked 801 by THE in 2025Ranked 1001 by QS in 2026
#62University of Saskatchewan logo

University of Saskatchewan, Saskatoon

Saskatchewan, Canada75%Acceptance Rate
Living$8.4K/Yr (CA$11,684/Yr)Admission M.B.AGMAT500IELTS6.5PTE63$8.8K/Yr
CA$12,231
Course duration: 12 months
1 More Program
7.0/10(12 Users)Ranked 351 by THE in 2025Ranked 378 by QS in 2026
#63University of Toronto logo

University of Toronto, Toronto

Ontario, Canada43%Acceptance Rate
Living$16.5K/Yr (CA$22,953/Yr)Admission M.B.ATOEFL100$49.6K/Yr
CA$68,880
Course duration: 2 years
1 More Program
9.0/10(80 Users)Ranked 21 by THE in 2025Ranked 29 by QS in 2026
#64University of Victoria logo

University of Victoria, Victoria

British Columbia, Canada63%Acceptance Rate
Living$7.8K/Yr (CA$10,879/Yr)Admission M.B.ATOEFL90$11K/Yr
CA$15,279
Course duration: 2 years
2+ More Programs
9.3/10(10 Users)Ranked 301 by THE in 2025Ranked 358 by QS in 2026
#65Vancouver Island University logo

Vancouver Island University, Nanaimo

British Columbia, Canada57%Acceptance Rate
Living$11.4K/Yr (CA$15,852/Yr)Admission M.B.ADuolingo125IELTS6.5PTE60$22.2K/Yr
CA$30,844
Course duration: 20 months
Programs
6.0/10(4 Users)
#66Western University logo

Western University, London

Ontario, Canada58%Acceptance Rate
Living$13.2K/Yr (CA$18,400/Yr)Admission M.B.ADuolingo125TOEFL92$93.4K/Yr
CA$129,750
Course duration: 1 year
Programs
8.3/10(25 Users)Ranked 201 by THE in 2025Ranked 151 by QS in 2026
#67York University logo

York University, Toronto

Ontario, Canada27%Acceptance Rate
Living$8.5K/Yr (CA$11,860/Yr)Admission M.B.ADuolingo130TOEFL100$52K/Yr
CA$72,180
Course duration: 8 months
1 More Program
6.3/10(40 Users)Ranked 401 by THE in 2025Ranked 333 by QS in 2026
#68Brock University logo

Brock University, St. Catharines

Ontario, Canada73%Acceptance Rate
Tuition:  $27.5K/Yr (CA$38,216/Yr)Living$6.7K/Yr (CA$9,280/Yr)Admission M.B.AGMAT550TOEFL105PTE72$40.7K/Yr
CA$56,520
Course duration: 16 months
3+ More Programs
5.3/10(10 Users)Ranked 1201 by QS in 2026Ranked 1305 by CWUR in 2025
#69Odette School of Business logo

Odette School of Business, Windsor

Ontario, Canada73%Acceptance Rate
Admission M.B.ADuolingo120TOEFL100PTE68$28.5K/Yr
CA$39,600
Course duration: 16 months
1 More Program
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#70School of Management Science, University of Quebec at Montreal logo

School of Management Science, University of Quebec at Montreal, Montreal

Quebec, Canada50%Acceptance Rate
M.B.A Accounting SciencesGMAT570IELTS6$15.7K/Yr
CA$21,770
Course duration: 2 years
Programs
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#71Fairleigh Dickinson University logo

Fairleigh Dickinson University, Vancouver

British Columbia, Canada85%Acceptance Rate
Living$8.1K/Yr (CA$11,200/Yr) M.B.A International BusinessGRE299TOEFL70PTE53$23.1K/Yr
CA$32,100
Course duration: 2 years
1 More Program
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#72New York Institute of Technology - Vancouver Campus logo

New York Institute of Technology - Vancouver Campus, Vancouver

British Columbia, Canada60%Acceptance Rate
M.B.ADuolingo135IELTS6.5PTE65$14.3K/Yr
CA$19,845
Course duration: 2 years
1 More Program
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