Top 10 MBA Colleges & Universities in Canada: Programs & Fees
Get complete information on Top 10 MBA Colleges/Universities 2022 located in Canada. Check Rankings, Programs, Eligibility & Admission Requirements.
The top MBA colleges in Canada offer both full-time and part-time MBA programs to international students, along with several executive business programs. An MBA in Canada is a 1-2 year business program that is recognized globally for enhancing the career opportunities and earning potential of students.
MBA colleges in Canada are affordable compared to other top countries such as the UK and USA and introduce students to a comprehensive study of the business world. These colleges help the students to gain adequate knowledge and skills required to adapt to the ever-changing business environment.
Canada offers immigration-friendly policies and a variety of post-study opportunities that attract international students to pursue their masters from top MBA universities. Read through this article to learn about the top 10 MBA colleges in Canada, including their fee structure, eligibility requirements, and popular business programs.
List of Top MBA Colleges in Canada
Canada is home to some of the best business schools in the world offering quality business programs in different disciplines such as management, finance, marketing, etc. The average cost of attending the top MBA colleges in Canada ranges from $16,000 - $80,000 per academic year. The table given below shows the top 10 MBA colleges in Canada, along with other important details:
|
Sr.no |
MBA Colleges |
Tuition Fees (CAD) |
GMAT |
Location |
Type of MBA Program |
|
1. |
$131,120 | 670 | Toronto | Full time, Part-time, Executive, and dual degree | |
| 2. | $102,100 | 654 | Kingston | Full time, Part-time, Executive, and dual degree | |
| 3. | $120,500 | 680 | London | Full-time, Executive, dual degree | |
| 4. | $99,500 | 675 | Montreal | Full time, Part-time, Executive, and dual degree | |
| 5. | $106,900 | 660 | Toronto | Full time, Part-time, Executive, and dual degree | |
| 6. | $90,057 | 650 | Vancouver | Full-time, Part-time, dual degree | |
| 7. | $60,000 | 650 | Edmonton | Full time, Part-time, Executive, and dual degree | |
| 8. | $54,000 | 625 | Montreal | Full time, Part-time, and Executive MBA | |
| 9. | $58,058 | 615 | Vancouver | Full time and Part-time | |
| 10. | $54,854 | 550+ | Saskatchewan | Full-time and Part-time MBA |
Rotman School of Management
Rotman School of Management is the business school of the University of Toronto and was established in 1901 by Joseph Rotman. It is a global center of research and academic excellence located in Toronto, Ontario. The Joseph L. Rotman School of Management also known as Rotman is known for its innovative curriculum with a cross-functional and integrative approach.
Rotman School of Management Rankings
Rotman School of Management is one of the top 10 MBA colleges in Canada and has been ranked as Canada’s #1 Open Enrolment Executive Education Provider by the Financial Times. Rotman ranks in the top 10 MBA colleges in Canada for its faculty and research. The other Rotman School of Management rankings are given below:
- Ranked #1 in Canada as per QS Global MBA Rankings 2022
- The Executive MBA program at Rotman is ranked #1 in Canada by the Financial Times
- Ranked among the top 20 universities in the world by Times Higher Education Ranking
Programs Offered at Rotman School of Management
Rotman School of Management offers a wide range of full-time and executive-level programs in different fields of study like health care, business design, behavioral economics, and more. It also offers joint degree programs in partnership with other programs and schools across the University of Toronto. Several executive graduate or diploma programs are offered to working professionals. Some of the popular Rotman School of Management programs include:
- Full-time MBA
- Executive MBA
- Global Executive MBA
- JD/ MBA
- Skoll BASc/ MBA Program
- Combined PharmD-MBA Program
- Health and Life Sciences Global Executive MBA
- Master of Finance
- Master of Management Analytics
- Ph.D.
- MBA/ Master of Global Affairs (MGA)
Rotman School of Management Admission Requirements
International applicants at Rotman are shortlisted for admission based on grades, professional achievements, interpersonal skills, and leadership potential. Given below are the minimum admission requirements for Rotman School of Management admissions:
- Minimum GPA: 3.0
- The average age of applicants: 28
- GMAT score: 673
- Work experience required: 6 years
- TOEFL: 100/ IELTS: 7
Read More: Rotman School of Management
Smith School of Business
The Smith School of Business also known as Stephen J.R. Smith School of Business is the business school of Queen’s University and was earlier called Queen’s School of Business. It is Canada’s premier business school and has earned international recognition for its innovative approach to business education and focussed on team-based and experiential learning. It offers one of Canada’s most prestigious undergraduate business program, and an MBA program in addition to other highly-ranked graduate programs.
Smith School of Business Rankings
Smith School of Business is a public university accredited by the Association of Advance Collegiate Schools of Business (AACSB International). Some of the rankings of Smith School of Business are listed below:
- Ranked #80 overall and #47 regionally as MBA rankings by the Economist
- The MIB program at the Smith School of Business ranked 1st in North America in the years 2019 and 2020.
- Ranked #27 for Best Executive Education by the Financial Times in 2020
- US News ranked it at 42nd place among the best business schools in 2021
Programs Offered at Smith School of Business
Smith School of Business offers both undergraduate and graduate business programs in addition to certificate programs in business management. The Bachelor of Commerce program at Smith is one of the most prestigious undergraduate business programs in Canada. Some of the other programs offered at Smith School of Business are given below:
- Bachelor of Commerce
- Certificate in Business
- Full-time MBA
- Executive MBA
- Accelerated MBA for Business Graduates
- Executive MBA Americas- Cornell-Queen's
- Master of Management Analytics
- Global Master of Management Analytics
- Master of Management in Artificial Intelligence
- Master of Finance
- Master of Financial Innovation and Technology
Smith School of Business Admission Requirements
Smith School of Business admission is highly competitive. Students are accessed based on academic performance, leadership skills, career progression, and communication and interpersonal skills. Some of the other requirements for Smith School of Business admissions are as follows:
- GMAT score: 600
- GRE score: 315+
- Work experience required: 2+ years (Full-time)
Ivey Business School
Established in 1922, Ivey Business School is the business school of Western University providing real-world, case-based business education to students from all over the world. It is one of the top MBA colleges in Canada, having extensive research facilities and offering students the best classroom experience through Case-Method Learning.
Ivey Business School Rankings
Ivey Business School is credited with offering Canada’s first MBA and Ph.D. programs in business and is ranked among the top business schools in Canada. Listed below are some of the Ivey Business School rankings:
- Ranked #1 MBA program in Canada by Bloomberg Businessweek for six consecutive years
- Ranked #3 in Canada as per QS Global MBA Rankings 2022
- The Executive Education program at Ivey is ranked #1 overall in Canada by the Financial Times
- MBA program ranked #1 in Canada and #60 in the world by the Economist
Programs Offered at Ivey Business School
Ivey School of Business offers undergraduate, graduate, and doctoral degree programs in various disciplines such as business, management, finance, and more. Listed below are some of the popular Ivey Business School courses:
- Master of Business Administration (MBA)
- Honors Business Administration (HBA)
- Accelerated MBA for Business Graduates
- MBA Direct for Ivey HBA Graduates
- Master of Science in Management (MSc)
- Ph.D. in Business Administration
- Executive MBA program
Ivey Business School Admission Requirements
Ivey is one of the top 10 MBA colleges in Canada with a GMAT score requirement of 670. The GMAT requirement is waived off for MBA applicants who have passed all 3 Levels of the CFA designation. Some of the other admission requirements are as follows:
- The average age of applicants: 28
- GMAT score: 670
- Work experience required: 2+ years (full-time)
- TOEFL: 100/ IELTS: 7
Read More: Ivey Business School
Desautels Faculty of Management
Founded in 1906, the Desautels Faculty of Management at McGill University is one of the world’s top international business schools. The Faculty’s innovative programs and historic reputation for excellence make it one of the top MBA colleges in Canada attracting the finest students and the most prominent professors from around the globe. The academic curriculum at Desautels is built on an integrated, interdisciplinary model that combines research, practice, and teaching.
Desautels Faculty of Management Rankings
Desautels Faculty of Management is ranked among the world’s top international business schools by BusinessWeek, Canadian Business, Forbes, and The Economist. Given below are some of the Desautels Faculty of Management rankings:
- Desautels BCom program ranked #4 in Canada for sustainability by Corporate Knights’ Rankings
- McGill MBA ranked #2 in Canada by The QS World University Rankings
- The McGill Master of Management in Finance (MMF) ranked #1 in Canada by QS World University Rankings
- McGill MMA program ranked #1 in Canada and #10 in the world by the QS World University Rankings
Desautels Faculty of Management Programs
Desautels Faculty of Management offers 12 academic and 4 unique executive programs in subjects like accounting, economics, finance, information system, and more. The academic programs are offered at the undergraduate, master’s, executive, and Ph.D. levels through its many research centers. Find below some of the popular Desautels Faculty of Management programs:
- Bachelor of Commerce (BCom)
- MBA
- Law MBA Program
- McGill-HEC Montréal EMBA
- Master of Management in Analytics (MMA)
- Master of Management in Finance (MMF)
- Master of Management in Retailing (MMR)
- Graduate Certificate in Professional Accounting
- Ph.D. Program in Management
- McGill Executive Institute
Desautels Faculty of Management Admission Requirements
Desautels Faculty of Management admissions are available in multiple intakes around the year. The Desautels BCom program has the highest admission standards of any undergraduate business program in Canada with the average high school entering grade being 95%. The other admission requirements of the Desautels Faculty of Management are as follows:
- Average GPA: 3.3
- The average age of applicants: 28
- GMAT score: 670
- Work experience required: 2 years (Full-time)
- TOEFL: 100/ IELTS: 7
Schulich School of Business
Founded in 1966 as the Faculty of Administrative Studies under York University, Schulich School of Business is rated among the top business schools in Canada and the world. It is known for its global, innovative, and diverse business programs that combine classroom learning with hands-on experience. The Schulich MBA program is offered in19 different specializations at both part-time and full-time levels.
Schulich School of Business Rankings
Schulich School of Business is considered one of the top MBA colleges in Canada as it is ranked #1 in Canada by several ranking sources. Some of the Schulich School of Business rankings are given below:
- Ranked #1 in Canada and #12 in the world by the Economist
- Ranked #1 in Canada and #9 in the world among two-year MBA programs outside the US by Forbes
- Ranked #5 in Canada as per QS Global MBA Rankings 2022
- Ranked #1 in Canada in the 2020 Global Executive MBA ranking by the Financial Times
Schulich School of Business Programs
Schulich School of Business offers 20+ degree programs in different study areas like accounting, business analytics, finance, marketing, and more. Several undergraduate programs, specialized master’s programs, and graduate diploma programs are available. Listed below are the programs offered at Schulich School of Business:
- BBA/ International BBA
- MBA/ International MBA
- Master of Public Administration (MPA)
- Master of Finance (MF)
- MBA/ Juris Doctor
- MSc in Business Analysis
- MBA/ Master of Fine Arts (MFA)/ Master of Arts (MA)
- Executive MBA
Schulich School of Business Admission Requirements
With an acceptance rate of around 30%, the Schulich School of Business admission is competitive with limited seat availability. The admission is based on the academic performance of the students and the supplementary application. The other admission requirements of the Schulich School of Business are given below:
- The average age of applicants: 29
- GMAT score: 660
- Work experience required: 5 years (full-time)
- TOEFL: 100/ IELTS: 7
Read More: Schulich School of Business
Sauder School of Business
Sauder School of Business (UBC Sauder) is the business school of the University of British Columbia founded in 1956 and is located in Vancouver, BC. UBC Sauder is accredited by AACSB which is globally renowned to be the longest-standing and most recognized form of specialized accreditation an institution and its business programs can earn. Sauder School of Business offers a range of internationally recognized bachelor’s, master’s, and doctoral degree programs in the fields of business and accounting.
Sauder School of Business Rankings
Sauder School of Business is a leading academic business school in Canada globally recognized for its excellence in research. It is ranked among the top 25 business research universities in the world by The Financial Times. Listed below are a few Sauder School of Business rankings:
- Ranked #6 in Canada as per QS Global MBA Rankings 2022
- Ranked #10 in the Top Global Business Schools Report by Forbes in 2020
- Ranked #1 in Canada and #40 globally in the Business and Management category by the QS World University Rankings 2020
Programs Offered at Sauder School of Business
UBC Sauder offers over 20 academic programs with the UBC MBA being the most popular among international students. A range of undergraduate, graduate, and professional degree programs are offered in various study areas such as business administration, commerce, management, and more. Given below are some of the major programs offered at the Sauder School of Business:
- Bachelor of Commerce (BCom)
- Diploma in Accounting
- Diploma in Marketing & Sales Management
- Full-time MBA
- Professional MBA
- International MBA
- Master of Management
- Master of Business Analytics
- Master of Science in Business Administration
- Master of Business Administration + Master of Business Analytics (MBA + MBAN) Dual Degree Program
- Bachelor + Master of Management Dual Degree Program
- Master of Business Administration + Law Degree Program
- Ph.D. in Business Administration
Sauder School of Business Admission Requirements
Sauder School of Business MBA admission is a rigorous process. The applications are accepted on a rolling basis and are reviewed holistically. The applicants are shortlisted carefully against competitive requirements that demonstrate vision, leadership, and experience. Listed below are a few admission requirements at UBC Sauder:
- Average GPA: 3.3
- The average age of applicants: 29
- GMAT score: 650
- Work experience required: 3-5 years (Full-time)
- TOEFL: 100/ IELTS: 7
Alberta School of Business
Alberta School of Business is the business school affiliated with the University of Alberta located in Edmonton, Canada. It is one of the world's leading institutions of business education and research. Founded in 1916 as the Department of Accountancy at the University of Alberta, it is recognized for its leadership in research, the quality of academic programming, graduate career success, and economic impact for Alberta and the world.
Alberta School of Business Rankings
Alberta School of Business is one of the world’s leading institutions of business education and research. It is ranked by several national and international ranking agencies for its research, academic excellence, and more. Some of the Alberta School of Business rankings are given below:
- Ranked #7 in Canada as per QS Global MBA Rankings 2022
- Ranked #4 by Maclean's Best University Business Programs in Canada
- Ranked #4 in Canada and #101 in the world by QS Business Masters: Finance
- Ranked #8 in Canada Bloomberg Businessweek Best B-Schools
Programs at Alberta School of Business
Alberta School of Business offers management, accounting, and research programs in the form of bachelor's, master’s, and doctoral degrees. It offers 200+ undergraduate and 500+ graduate programs in different disciplines such as finance, international business, marketing, and more. Listed below are some of the Alberta School of Business programs:
- Bachelor of Commerce
- MBA
- Energy MBA
- Executive MBA
- MBA in China
- Master of Financial Management (MFM) in China
- Master of Accounting
- Ph.D. program
Alberta School of Business Admission Requirements
Alberta School of Business MBA program is for academically exceptional students who demonstrate strong leadership qualities, unique backgrounds, and work experience. Some other admission requirements for the Alberta School of Business admissions are:
- Average GPA: 3.4 out of 4
- The average age of applicants: 28
- GMAT score: 630
- Work experience required: 5+ years (Full-time)
HEC Montreal
HEC Montreal is the first business school in Canada established as a French-language institution under the University of Montreal. It is the first business school in North America to receive accreditation from AACSB, EQUIS, and AMBA that demonstrates its three-fold mark of quality.
HEC Montreal Rankings
HEC Montreal is globally recognized as one of the top business schools in Canada and around the world. It is an internationally recognized business school with a reputation for academic excellence. Listed below are some of the HEC Montreal rankings:
- Ranked #9 in Canada as per QS Global MBA Rankings 2022
- In 2021, QS Subject Rankings placed the university between 141 and 150 in the category of Global MBA.
- The MBA program at HEC Montreal ranked #3 in Canada by Canadian Business
HEC Montreal Programs
HEC Montreal offers a wide range of specialized programs for students from all over the world. Over 100 business programs and around 90 international training programs are available in study areas such as finance, marketing, management, etc. Given below are some of the popular HEC Montreal programs:
- EMBA McGill- HEC Montreal
- Full-time MBA
- Master of Management in International Arts Management
- Master of Science in Applied Financial Economics
- Master of Science in Data Science and Business Analytics
- Master of Science in Finance
- Master of Science in International Business
- Ph.D. in Administration
Admission Requirements at HEC Montreal
HEC Montreal full-time MBA admissions are offered to students with an undergraduate degree with at least 2 years of full-time professional experience at the start of the program. Some other admission requirements at HEC Montreal are as follows:
- The average age of applicants: 31
- GMAT score: 630 or higher
- TAGE MAGE: 300 or higher
- Work experience required: 2+ years (Full-time)
Read More: HEC Montreal
Beedie School of Business
Beedie School of Business is the business school of Simon Fraser University located in Vancouver, BC. It is one of Canada’s leading business schools operating on all campuses of SFU in Downtown Vancouver, Burnaby, and Surrey. Beedie is home to 4,000+ undergraduate and graduate students with over 23,000 alumni spread across 70+ countries.
Beedie School of Business Rankings
Beedie School of Business is known for its dynamic teaching and learning setting with a reputation for producing global-class research for the knowledge economy. It is consistently ranked among the Top 100 business schools globally for research output. The other Beedie School of Business rankings are shown below:
- Ranked #201 in the Global MBA Rankings 2021 by QS World University Rankings
- Ranked #101 in the world for its Masters of Finance Studies course
- Ranked #12 in Canada and #274 in the world in the top business schools category
- Ranked #14 in Canada as per QS Global MBA Rankings 2022
Programs Offered at Beedie School of Business
Beedie School of Business offers 6 programs at the undergraduate level and 10 programs at the graduate level to students from all over the world. The courses are offered in different business disciplines such as finance, business administration, etc. Listed below are a few Beedie School of Business programs at different levels of study:
- Bachelor of Business Administration (BBA)
- BBA Joint Major
- Double Degree with Mechatronics
- Full-time MBA
- Part-time MBA
- Management of Technology MBA
- Executive Master of Business Administration
- Master of Science in Finance
- Beedie Ph.D. Program
Beedie School of Business Admission Requirements
Beedie School of Business accepts applicants to the full-time MBA with a 4-year undergraduate degree from a recognized university. Students are required to submit translated transcripts if the transcripts are not in English. Some other admission requirements at Beedie School of Business are shown below:
- Average GPA: 3.4 out of 4
- The average age of applicants: 27
- GMAT score: 600+
- Work experience required: 2+ years (Full-time)
- TOEFL: 93/ IELTS: Overall 7
Edwards School of Business
Edwards School of Business is one of Canada’s oldest business schools located in Saskatoon and is affiliated with the University of Saskatchewan. Being one of the top MBA colleges in Canada, It is among the top 5% of the business schools in the world with an accreditation from AACSB.
Edwards School of Business Rankings
Edwards School of Business is a renowned higher education institute in Canada considered in the top 5% of business schools in the world. It has been awarded top rankings by several ranking agencies both nationally and globally. Listed below are a few Edwards School of Business rankings:
- Ranked #201 in Global MBA Rankings by QS World University Rankings in 2021
- Ranked #14 in Canada by Webometrics
- Ranked #394 in the world by Webometrics
- Ranked #20 in Canada as per QS Global MBA Rankings 2022
Programs Offered at Edwards School of Business
Edwards School of Business offers a Bachelor of Commerce program with six majors in addition to a study abroad program and a cooperative education program. A variety of graduate programs are offered in various fields of study including accounting, business administration, finance, and more. Listed below are some of the popular Edwards School of Business programs:
- Bachelor of Commerce
- Certificate in Entrepreneurship
- Certificate in Business
- Master of Business Administration
- Master of Professional Accounting
- Master of Science in Finance
- Master of Science in Marketing
Edwards School of Business Admission Requirements
Edwards School of Business accepts admissions from international students in a variety of direct and non-direct programs. International students who do not meet the minimum language requirements can still be admitted by enrolling in a Language Centre program. Some other admission requirements of Edwards School of Business are as follows:
- The average age of applicants: 30
- GMAT score: 560
- Work experience required: 6 years (Full-time)
- TOEFL: 86/ IELTS: Overall 6.5
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