Bachelor of Commerce [BCom] (Entrepreneurship & Innovation)
Field of Study:
$19,099 /Yr
University of Manitoba Bachelor of Commerce Entrepreneurship/Small Business is a four-year Honours degree at the Asper School of Business. The programme runs full-time on-campus in Winnipeg with Fall, Winter and Summer intakes. International tuition totals about CAD 107,482 (INR 71.46 Lakhs) across the full four-year sequence, with a Class 12 minimum of 70%.
The major trains you to launch startups, run family businesses and manage small enterprises through the Stu Clark Centre. Distinctive features include free venture coaching and a CAD 15,000 (INR 9.97 Lakhs) Manitoba Undergrad New Venture Championships prize. It suits Indian applicants who want a startup path plus a three-year Post-Graduation Work Permit.
- Class of 2019 alumni averaged CAD 41,250 (INR 27.43 Lakhs) starting pay with 80% employment inside the graduation year.
- Winnipeg tuition undercuts Toronto and Vancouver Asper peers by CAD 8,000 to CAD 15,000 (INR 5.32 Lakhs to INR 9.97 Lakhs) each year.
- AACSB accreditation places Asper inside the top 5% of business schools worldwide, a badge only around 1,000 institutions hold.
Current Admission Status
Applications for the September 2027 intake are Open. International student deadline: 1 March 2027.
Indian applicants targeting direct BComm entry should aim for the Fall 2027 cycle; Winter 2027 and Summer 2027 intakes remain open to Advanced Entry transfers only.
Also Check: University of Manitoba Admission for International Students
University of Manitoba Bachelor of Commerce Fees and Living Costs 2027
Asper School of Business charges international BComm students CAD 895.68 (INR 59,554) per credit hour for the 2026-2027 cycle. A full 30 credit-hour year takes the direct tuition to CAD 26,870.40 (INR 17.87 Lakhs) before mandatory ancillary fees.
| Fee Component (2026-2027) | Amount (CAD) | Amount (INR) |
|---|---|---|
| Application fee (one-time) | CAD 130 | INR 8,644 |
| Tuition per credit hour (International) | CAD 895.68 | INR 59,554 |
| Annual tuition (30 credit hours) | CAD 26,870.40 | INR 17.87 Lakhs |
| Endowment plus student organisation fees | CAD 808.50 | INR 53,757 |
| Student services and administrative fees | CAD 507.65 | INR 33,754 |
| UMSU health and dental cover | CAD 380.00 | INR 25,266 |
| Year one total (tuition plus fees) | CAD 28,566.55 | INR 18.99 Lakhs |
| Four-year total (tuition plus fees) | CAD 114,266.20 | INR 75.98 Lakhs |
Source: University of Manitoba Registrar, Tuition and Fees 2026-2027.
All INR conversions in the article use a conversion rate of CAD 1 = INR 66.49 as of July 2026. Rates fluctuate daily, verify before applying.
- Tuition alone over four years reaches CAD 107,481.60 (INR 71.46 Lakhs) at the current per-credit rate.
- UMSU health and dental cover is mandatory unless Indian students hold equivalent private coverage and opt out on time.
- The CAD 130 (INR 8,644) international application fee is non-refundable and must clear before Asper starts file review.
- Fees are re-approved every May by the Board of Governors so Indian applicants must verify the current cycle rate before wiring deposit.
Read More: Cost of Studying in Canada for Indian Students
Cost of Living in Winnipeg for Bachelor of Commerce Students
Winnipeg sits among Canada’s most affordable major cities for international students. Monthly expenses for an off-campus BComm student typically fall between CAD 1,570 (INR 1.04 Lakhs) and CAD 2,490 (INR 1.66 Lakhs).
| Expense (Winnipeg) | Monthly (CAD) | Monthly (INR) |
|---|---|---|
| Rent (shared apartment near campus) | CAD 750 to 1,200 | INR 49,868 to 79,788 |
| Groceries and food | CAD 300 to 500 | INR 19,947 to 33,245 |
| Transit extras beyond U-Pass | CAD 20 to 60 | INR 1,330 to 3,989 |
| Utilities and internet | CAD 100 to 180 | INR 6,649 to 11,968 |
| Books, supplies, phone, personal | CAD 400 to 550 | INR 26,596 to 36,570 |
| Monthly total | CAD 1,570 to 2,490 | INR 1.04 Lakhs to 1.66 Lakhs |
| Annual total | CAD 18,840 to 29,880 | INR 12.53 Lakhs to 19.87 Lakhs |
Check Out: Cost of Living in Canada Guide
ROI reality: A four-year Asper BComm with Winnipeg living lands near INR 1.55 Crore at the upper cost band, against first-year Canadian pay of about INR 27.43 Lakhs. Indian graduates on the three-year PGWP typically clear payback within five to seven working years.
University of Manitoba Bachelor of Commerce Admission
Direct entry to the Asper BComm demands a competitive Class 12 file with English, Mathematics and two academic subjects. Indian applicants shortlist through a 70% overall cut and then clear the university’s English proficiency bar.
Intake windows and international deadlines
Asper takes new BComm students in Fall, Winter and Summer, though Winter and Summer intakes are typically Advanced Entry only. Indian direct-entry candidates should build the file around the Fall cycle.
| Intake | Term Start | International Deadline |
|---|---|---|
| Fall 2027 (Direct Entry) | September 2027 | 1 March 2027 |
| Summer 2027 (Direct Entry) | May 2027 | 1 February 2027 |
| Winter 2027 (Advanced Entry only) | January 2027 | 1 October 2026 |
- Fall is the only cycle open to fresh Class 12 Indian applicants without prior post-secondary credits.
- Advanced Entry deadlines run two weeks later than Direct Entry for BComm and add a transcript-review step.
- Space-available basis applies to Winter, so late Indian files rarely secure a seat.
Academic eligibility for Indian applicants
Manitoba does not publish a country-specific percentage bar so Indian scores translate through the University 1 international standard. WES (World Education Services) sets the official credential equivalence.
| Requirement | Manitoba standard | Indian equivalent (approximate) |
|---|---|---|
| Overall Class 12 average | 70% overall with no course below 60% | 70% aggregate CBSE, CISCE or State Board |
| Required subjects | English 40S, Mathematics 40S plus two academic 40S | Class 12 English, Mathematics and two accepted electives |
| Asper progression GPA | 2.00 on 4.5 scale after University 1 | Approximately 55% or CGPA 5.5 on 10 for Indian applicants |
- Meeting the 70% bar guarantees Class 12 review, not a seat, since BComm remains academically competitive.
- State Board applicants often need a WES evaluation before Asper reads the file cleanly.
- Commerce stream Class 12 files land better than Arts stream for the Business track.
English language proficiency requirements
Manitoba accepts six tests for undergraduate international admission with published overall and per-component minimums. Every test cited on the Registrar’s page is verbatim below.
| Test | Overall Minimum | Per-Component Minimum |
|---|---|---|
| IELTS Academic | 6.5 | 6.0 in each of the four modules |
| TOEFL iBT (before 21 January 2026) | 86 on the 0 to 120 scale | 20 per section |
| TOEFL iBT (from 21 January 2026) | 4.5 on the 1.0 to 6.0 scale | 4.0 per component |
| PTE Academic | 58 | Not specified |
| CAEL | 60 | Not specified |
| Duolingo English Test | 120 | 105 in each of four components |
| Cambridge C1 Advanced and C2 Proficiency | 180 | Not specified |
Note: TOEFL iBT moved to a 1.0 to 6.0 band scale on 21 January 2026. Manitoba lists both scales during the 2026 to 2028 transition. Verify the current requirement on the official admissions page before applying.
- IELTS 6.5 remains the most accessible test for Indian applicants but the 6.0 per-band bar blocks weak Writing profiles.
- Book the test at least four months before the March deadline to leave rebooking room if a component slips.
- Duolingo at USD 65 (INR 5,405) suits budget-constrained applicants but 105 per component is a hidden barrier.
Tip for Indian students: Send the WES evaluation early because Asper often waits on the credential report before releasing a conditional offer, and delays can push you past the 1 March cutoff.
University of Manitoba Bachelor of Commerce Application
Manitoba runs a single online portal for undergraduate international applications, with Asper BComm flagged at the programme-selection step. The file must land complete by the international deadline to enter the competitive review pool.
Upcoming cycle deadlines
Only cycles that remain open to fresh Indian applicants are shown. Fall is the direct-entry cycle and takes the bulk of Indian files.
| Intake | Expected Deadline | Status |
|---|---|---|
| Winter 2027 (Advanced Entry only) | 1 October 2026 | Open |
| Summer 2027 (Direct Entry) | 1 February 2027 | Open |
| Fall 2027 (Direct Entry, primary Indian cycle) | 1 March 2027 | Open |
Documents Indian applicants must upload
Asper reads the file in one pass after all documents arrive, so partial uploads pause review. Applicants should batch documents rather than trickle them in.
- Class 12 official transcript and predicted marks if the board result is pending.
- English proficiency score report from IELTS, TOEFL, PTE, CAEL or Duolingo direct from the testing agency.
- WES or ICAS credential evaluation for State Board or non-CBSE Class 12 records.
- Passport bio-page scan valid at least 18 months beyond the intake start.
- Application fee of CAD 130 (INR 8,644) paid by international credit card.
- Statement of intent for the Entrepreneurship/Small Business major on 500 words.
Timeline Indian applicants should follow
Working back from the 1 March 2027 Fall deadline builds a clean, low-stress prep runway. The plan below leaves room for one test rebook.
- By October 2026, book IELTS or TOEFL and start the WES evaluation to arrive before file review.
- By December 2026, gather Class 12 transcripts, the passport scan and prepare the 500-word statement of intent.
- By mid-February 2027, submit the application, pay the CAD 130 fee and forward test scores through the official portal.
- By June 2027, accept the offer, wire the tuition deposit and lodge the study permit file with IRCC.
Application tip: Ask the Entrepreneurship statement to name one venture you have run, coached or funded, since Asper reviewers weight lived startup exposure over polished essay prose.
University of Manitoba Bachelor of Commerce Scholarships
Manitoba offers automatic entrance awards for international BComm applicants who clear a high Class 12 average. Continuing students unlock Asper-specific prizes tied to the Entrepreneurship/Small Business major.
Awards available to international BComm applicants
Every scholarship below is verified from the University of Manitoba Financial Aid and Awards office. Amounts reflect published tiers for the current cycle.
| Award | Amount (CAD) | Amount (INR) | Eligibility |
|---|---|---|---|
| International Undergraduate Student Entrance Scholarship (85% average) | CAD 1,000 | INR 66,490 | 85 to 89% Class 12 average; automatic on admission |
| International Undergraduate Student Entrance Scholarship (90% average) | CAD 2,000 | INR 1.33 Lakhs | 90 to 94% Class 12 average; automatic on admission |
| International Undergraduate Student Entrance Scholarship (95% average) | CAD 3,000 | INR 1.99 Lakhs | 95%+ Class 12 average; automatic on admission |
| International Undergraduate Student Scholarship (continuing) | CAD 1,000 to 4,000 | INR 66,490 to 2.66 Lakhs | Sessional GPA 3.5 after 24 credits; ranked by GPA |
| International Student Bursaries (need-based) | CAD 500 to 3,500 | INR 33,245 to 2.33 Lakhs | Application through Aurora by 1 October; not for first-year Canada students |
| Bammeke Entrepreneurial Excellence Scholarship (Asper) | Variable | Verify at Asper Awards | Asper BComm students in the Entrepreneurship major with strong startup work |
- The 24 credit-hour full-time load is a hard eligibility bar, and part-time Indian students automatically lose entrance awards.
- Entrance awards do not stack with IB entrance scholarships or other University of Manitoba entrance prizes.
- Applications are due by 1 March 2027 because entrance awards use the admission file itself with no separate scholarship form.
- Asper’s Entrepreneurship prize pool includes the Manitoba Undergrad New Venture Championships worth CAD 15,000 (INR 9.97 Lakhs).
Also Check: University of Manitoba Scholarships for Indian Students
Scholarship reality: Even the top CAD 3,000 (INR 1.99 Lakhs) entrance award covers less than 4% of four-year tuition of CAD 107,481.60 (INR 71.46 Lakhs). Indian applicants should treat Manitoba as a cost-of-degree play, not a scholarship-heavy one, and target external Government of Canada or private awards for larger relief.
University of Manitoba Bachelor of Commerce Salary and Placements
Asper BComm graduates with the Entrepreneurship/Small Business major track two routes: founding a venture or joining a small-to-mid Canadian firm. Manitoba’s published employment data pegs the class 2019 outcomes at 80% placement inside the graduation year.
Employment outcomes for Entrepreneurship graduates
Salary bands mirror Asper’s broader employment reports and Winnipeg’s SME hiring market. Indian graduates typically enter regional firms first before scaling to Toronto or Calgary roles.
| Metric | Value (CAD) | Value (INR) |
|---|---|---|
| Average starting salary (Entrepreneurship major, 2019 cohort) | CAD 41,250 | INR 27.43 Lakhs |
| Employment inside graduation year | 80% | Not applicable |
| Asper BComm typical starting range | CAD 45,000 to 60,000 | INR 29.92 Lakhs to 39.89 Lakhs |
| Mid-career pay after five years (Canadian SME operator) | CAD 70,000 to 95,000 | INR 46.54 Lakhs to 63.17 Lakhs |
| Manitoba minimum wage anchor (2026) | CAD 32,600 annualised | INR 21.68 Lakhs |
Source: University of Manitoba Explore programme data and Asper School of Business career outcomes.
- Take-home pay drops roughly 25 to 30% after federal and Manitoba provincial tax, so a CAD 45,000 offer nets near CAD 33,000 (INR 21.94 Lakhs) annually.
- Indian graduates should model take-home on the University of Manitoba profile tax reference and adjust for Manitoba’s lower cost basis.
- Founders who bypass the salary path can access Manitoba’s Entrepreneur Pathway visa if they run the venture full-time.
- Family-business graduates return home in about 30% of Indian cases based on Reddit and Quora signals.
Career paths from Entrepreneurship/Small Business major
The major routes graduates into roles that hire from Winnipeg’s SME ecosystem and beyond. Family business succession is a distinctive path Asper leans into.
- Small-business operator or founder using the Stu Clark Centre venture-coaching pipeline.
- Family enterprise manager returning to the Indian family firm with a Canadian credential.
- Corporate innovation analyst inside Manitoba’s insurance, agriculture and cooperative sectors.
- Not-for-profit founder in the social-innovation space Asper explicitly trains for.
ROI reality: A CAD 41,250 (INR 27.43 Lakhs) starting salary against tuition-plus-living of about INR 1.28 Crore looks light, but Winnipeg’s low cost base and the three-year PGWP typically clear payback inside six working years for disciplined Indian graduates.
Canada Visa Pathway for Bachelor of Commerce Students
Indian applicants need a Canadian study permit (IRCC study visa) plus an IRCC Provincial Attestation Letter (PAL) for Manitoba. The four-year Asper BComm qualifies graduates for a full three-year Post-Graduation Work Permit, the longest tier IRCC issues.
- The study permit fee is CAD 150 (INR 9,974) plus biometrics of CAD 85 (INR 5,652) for the file lodged with IRCC.
- Proof of funds needs one year of tuition of about CAD 26,870 (INR 17.87 Lakhs) plus CAD 20,635 (INR 13.72 Lakhs) living cost as of the 2026 update.
- The Student Direct Stream (SDS) closed on 8 November 2024 so Indian students now file through the regular Study Permit stream with 8 to 12 week processing.
- Post-Graduation Work Permit runs for three years since the BComm is a two-year-plus programme and Bachelor’s degree grads are exempt from the field-of-study list.
- Spouses of full-time BComm students qualify for an open work permit valid for the same duration as the study permit.
- Manitoba Provincial Nominee Program routes fast to Permanent Residency after one year of skilled Canadian work experience.
Visa reality: Manitoba’s low tuition and cost base help the proof-of-funds check, and the PGWP-to-Manitoba Nominee route gives Indian BComm graduates a defensible three-to-five year path to Canadian Permanent Residency.
University of Manitoba Bachelor of Commerce Ranking 2027
Manitoba sits in the mid-band of Canadian research universities but Asper punches above its weight in Business and Management league tables. Indian applicants should read the numbers as directional, not decisive, for a BComm choice.
| Ranking Body | Category | 2026 or 2027 Rank |
|---|---|---|
| QS World University Rankings by Subject 2025 | Business and Management Studies | #251 |
| QS Full-time MBA Rankings 2026 (Asper) | Global full-time MBA | Ranked band |
| QS World University Rankings 2027 | Overall | #560 global |
| Times Higher Education 2026 | Overall | #501 to 600 global |
| Collegedunia Study Abroad 2026 | Overall | #408 global, #25 in Canada |
| ARWU GRAS 2024 | Food Science and Technology (illustrative Asper-adjacent strength) | #45 global |
- QS Business and Management ranks put Asper above Manitoba’s overall placement, showing the discipline pulls institutional weight.
- Manitoba climbed 111 QS positions across three editions, reflecting reputation gains that help future employer signalling.
- AACSB accreditation is the ranking-adjacent seal Asper leans on, held by only about 1,000 business schools globally.
- Indian recruiters weigh QS subject rank more than overall placement for a Bachelor of Commerce hire.
Also Check: University of Manitoba Rankings 2027
Honest take: Manitoba is a subject-ranked business school inside a mid-ranked university, so Indian applicants who prize cost of degree and PGWP over global brand find the trade-off works, while applicants chasing top-100 prestige should aim elsewhere.
The Asper BComm Entrepreneurship/Small Business major fits Indian applicants who want a low-cost Canadian business degree with a real venture-building runway and a three-year PGWP at the exit. Choose Winnipeg if cost of degree and Manitoba’s PR pathway matter more than the top-100 brand of a Toronto or Vancouver Asper peer.
University of Manitoba BComm Entrepreneurship/Small Business FAQs
Ques. Is the University of Manitoba BComm Entrepreneurship/Small Business worth it for Indian students?
Ans. Yes for cost-conscious Indian applicants who want a startup track. Total four-year outlay of about INR 1.28 Crore is roughly INR 40 Lakhs below peer Toronto and Vancouver Asper equivalents, and the three-year PGWP plus Manitoba Provincial Nominee route delivers a defensible PR pathway.
Ques. What is the total cost of the Asper BComm Entrepreneurship major for Indian students?
Ans. Four-year tuition sits at CAD 107,481.60 (INR 71.46 Lakhs) and full tuition-plus-fees runs to CAD 114,266.20 (INR 75.98 Lakhs). Adding Winnipeg living of CAD 75,000 to CAD 120,000 (INR 49.87 Lakhs to INR 79.79 Lakhs) takes the total to about INR 1.25 Crore to INR 1.55 Crore.
Ques. What Class 12 percentage do Indian students need for Manitoba’s BComm?
Ans. A minimum 70% overall Class 12 average with no course below 60% is the baseline for BComm direct entry. English and Mathematics are mandatory subjects and a 90%+ average unlocks the CAD 2,000 (INR 1.33 Lakhs) entrance scholarship tier.
Ques. Does the Asper BComm Entrepreneurship major qualify for the Canadian PGWP?
Ans. Yes, the four-year Asper BComm qualifies for a full three-year Post-Graduation Work Permit, the longest tier IRCC issues. Bachelor’s degree graduates are exempt from the PGWP field-of-study list so entrepreneurship graduates get the same duration as any other Asper major.
Ques. Can Indian students switch into the Entrepreneurship/Small Business major after University 1?
Ans. Yes, Asper BComm students typically declare a major at the start of their third year after clearing University 1 with a 2.00 Degree Grade Point Average. Indian applicants entering through University 1 have the same major-declaration flexibility as direct-entry BComm students.
Important Alert
- Direct Entry Application Deadline For Fall 2027 Intake - Oct 1, 2026 - Mar 1, 2027
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $19099 (CAD 26900) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $8520 (CAD 12000) |
| Transportation | $554 (CAD 780) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $13703 (CAD 19300) |
| 2022 | $15691 (CAD 22100) |
| 2021 | $12396 (CAD 17459) |
Important Dates
| Event | Application Date |
|---|---|
| Advance Entry Application Deadline For Winter 2027 Intake | Aug 1, 2026 - Oct 1, 2026 |
| Direct Entry Application Deadline For Fall 2027 Intake | Oct 1, 2026 - Mar 1, 2027 |
| Advance Entry Application Deadline For Fall 2027 Intake | Nov 1, 2026 - Mar 15, 2027 |
Scores Required
Required Document List
Complete Application
Application Fee
Official Transcripts
English Language Requirements
Completion of secondary school


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Career and Placement after Course
After completing this program students have job opportunities in an established small or medium-sized enterprise, both in the for-profit and not-for-profit sectors.
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| Jared J. Davis Grant | Scholarship per student$ 710/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 1,420/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| University of Montreal Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student$ 710/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Advance Entry Application Deadline For Winter 2027 Intake (1st Oct 2026) Direct Entry Application Deadline For Fall 2027 Intake (1st Mar 2027) Advance Entry Application Deadline For Fall 2027 Intake (15th Mar 2027) | USD 19,099 /Yr CAD 26,900 /Yr |
| ||
BCom, University of Victoria4 years | Application Deadline For 2027 Intake (31st Jan 2027) | USD 30,644 /Yr CAD 43,161 /Yr |
| |
Application Deadline for winter Intake (18th Oct 2026) Document Submission Deadline for winter Intake (1st Nov 2026) Application Deadline for Fall Intake (1st Apr 2027) Document Submission Deadline for Fall Intake (2nd May 2027) | USD 37,761 /Yr CAD 53,184 /Yr |
|
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