Master of Business Administration [M.B.A] (Financial Management)
$31,017 /Yr
Tuition Fees
Year | 1st Year Fees |
---|---|
Tuition Fees | $31017 (CAD 43079) |
Other Expenses
Head | Avg Cost Per Year |
---|---|
Room(On Campus) | $10817 (CAD 15023) |
Room(Off Campus) | $5400 (CAD 7500) |
Previous Year Tuition Fees
Year | 1st Year Fees |
---|---|
2024 | $28749 (CAD 39929) |
2023 | $12468 (CAD 17316) |
2022 | $26710 (CAD 37097) |
2021 | $22275 (CAD 30937) |
Important Dates
Event | Application Date |
---|---|
Application Deadline For Fall 2025 Intake | |
- Carleton University offers an MBA in Financial Management for a duration of 2 years.
- The Sprott MBA Financial Management concentration gives the necessary tools and concepts for those who want to excel in corporate financial management.
- The main components of the programs are:
- Business Case Analysis and Presentations
- Sustainable Business Development
- Modeling Business Decisions
- The program consists of a coursework pathway option that offers an integrated core curriculum, complemented by doing specialization in Business Analytics.
- The major areas of MBA program are:
- Business Analytics
- Financial Management
- International Business
- International Development Management
- Management and Change
- MBA core courses cover a cross-section of business disciplines to give students a foundation of integrated knowledge and skills needed to identify and solve complex management problems.
- Sprott School of Business of Carleton University is AACSB Accredited.
- Students need to have more than 2-years of professional work experience.
- It delivers a high-quality management education with award-winning faculty delivering a challenging program that showcases the latest management tools and best practices, combined with real-world solutions.
- The student-faculty ratio of the MBA program is 27:1.
- Sprott School of Business provides an internship program that provided placements for candidates to work with companies like Deloitte, CBC, and Maple Leaf Sports and Entertainment.
- The MBA department provides the opportunity to the students (approx. 93%) to receive their first job offer within the 3 months of their graduation.
- Job opportunities after MBA are Manager Consultant, Marketing Manager, Corporate Banking, etc and the average salary goes up to 73,800 USD.
Eligibility & Entry Requirement
Academic Eligibility:
- Students must have a 4-year bachelor’s degree in a related field from a recognized institution.
- The related fields include a UG degree in Marketing, Finance, Arts, Science, Government, Retail, Manufacturing.
- GPA of at least 3.0/4.33 (B grade) which is the equivalent of 8.0/12 on Carleton’s scale is required to be eligible for the program.
Work Experience Eligibility:
Students must have 2-years of professional work experience to apply for the MBA program.
Others:
Students without related academic experience or work experience students are also encouraged to apply, given they fulfill the following requirement:
- Students who do not possess 2-year of professional work experience must complete the Internship portion of the MBA program.
- Two academic recommendations from professors are required unless the candidate meets the work experience criteria.
Indian Student Eligibility:
Indian students are eligible to apply if they meet one of the following eligibility criteria:
- Completed both a Bachelor’s (3 years) degree and a Master’s degree.
- Or, completed a Bachelor’s degree requiring 4 years of study (e.g., B.Pharm., M.B.B.S, or B.Arch).
- Or, obtain a first-class division (75% or above, Distinction or Outstanding).
- Or, complete 3-year UG from an institution accredited by either AACSB, EQUIS, or AMBA.
Submission of GMAT scores is compulsory for this program, however, students may submit a GRE score too instead of that.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.
Scores Required
Required Document List
Following are the required Documents:
- CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
- Transcript: A PDF copy of all post-secondary transcripts within the application or in Carleton Central.
- Letter of Reference: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
- Statement of Intent: Explain the reasons or intentions for pursuing studies in this program, including a description of prior experience.
- Writing Sample: Students applying for a job, internship, may be asked to provide a writing sample that allows an employer or graduate program to judge student ability to convey a written message.
- Preference Form: It allows students to outline their preferences for the program specialization or research area.
- MBA complement form: Students have to fill the Complement form and upload a PDF copy in Carleton Central.
- ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

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Scholarship Grants & Financial Aids
Name | Scholarship Per Student | Level of Study | Type | |
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Ontario Graduate Scholarship | Scholarship per student$ 7,200/Yr$10,000 | Level Of StudyDoctorate | TypeCollege-Specific | |
VueVille Future Technology Scholarship | Scholarship per student$ 720/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
Paul Foundation scholarships | Scholarship per student$ 14,525/Yr$20,174 | Level Of StudyDiploma | TypeMerit-Based | |
Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
QS Leadership Scholarship | Scholarship per student$ 7,200/Yr$10,000 | Level Of StudyMaster | TypeMerit-Based | |
FINCAD Women in Finance Scholarship | Scholarship per student$ 14,400/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based |
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