Are there scholarships for studying an MBA in Canada?
Updated: Feb 21
A lot of Canadian universities and colleges make available a broad range of scholarships to meritorious students worldwide to facilitate them fund their studies. With the exception of this, lots of scholarships and grants are also offered by the Canadian government, and other establishments.
The main criterion for admission to top MBA colleges in Canada and nearly all scholarships is a good academic score; on the other hand, it also depends on factors such as your preferred destination, subject matter and stage. In a few scholarships, factors like secondary activities, and volunteering can also be used to benefit.
You may have to make known scores of an English language proficiency test that is by and large accepted by all Canadian institutions.
The sum total of money available and category of award varies between different institutions. Receiving a scholarship from top MBA colleges in Canada is competitive and as a result, you must apply well in advance in time. We suggest you begin with the procedure about 8-12 months earlier than the chosen intake begins.
Here are a few popular government-funded scholarships offered for MBA in Canada for Indian students to study in Canada:
1. Shastri Indo-Canadian Institute offers a range of fellowships at different levels, such as graduate, post-doctorate, research fellowships, etc.
Eligible students can also follow an e-course (unit/fraction of a course), or carry out an e-internship at Canadian universities. The worth of this fellowship is CAD 500-1,000. The period is up to 8-12 weeks for students
2. Canadian Commonwealth Scholarship and Fellowship Plan identify students amid high intelligence from Commonwealth countries applying to programs of higher study and research at the Master/Doctorate level.
The award comprises travel, living grant and the required tuition fees. It takes account of Graduate Students Exchanges (GSEP), which makes available $10,000 intended for transportation, livelihood and other expenses in Canada.
3. Ontario Graduate Scholarship Program offers the scholarship amount as $5,000 per session. As a result, you may get $10,000 (two following sessions); $15,000 (three following sessions). In all, the part will restrict itself to one-third of the cost of the entire award to be obtained by you.
Each award is justifiable meant for one year (two to three college sessions). The value and time are determined by the giving graduate unit and detailed of which will be mentioned in your offer communication.
4. Quebec Provincial Government Scholarship is intended for students studying in Quebec. There is financial support to students at master’s level or beyond.
Each application is assessed on top of its merit Value and time are determined as per the stage of study. Doctoral program offers $25,000 a year and time is up to 3 years with a likely extension up to 12 months. Postdoctoral scholarships take account of $35,000 for one year only. Short-term research scholarship is offered as $3,000 each month for 4 months
5. Ontario Trillium Scholarship is intended for doctoral students from all over the world to study in Ontario. Each scholarship is worth $40,000 per annum, renewable for an upper limit of four years
6. Banting Postdoctoral Fellowships are offered by the Canadian government to worldwide students to follow postgraduate program. This Postdoctoral Fellowship is worth $70,000 per annum.
If you are applying to top MBA colleges in Canada and especially if you are looking at an MBA in Canada for Indian students you must plan your options properly. Talk to our MBA in Canada consultants for the best options of colleges that you should apply to and get started.
How can I earn an MBA in Canada without work experience?
What universities in Canada offer MBA admission to fresh graduates with no prior work experience?
There are suggestions on the plan at what is a good time to apply for an MBA. The one piece of suggestion that goes on popping around about doing an MBA is that it is a to have work experience before pursuing the MBA course. So, how should you plan an MBA in Canada without work experience? Usually, this seems like an improbable option that holds no value in the realistic world. Most individuals consider that work experience aids students have a better-looking resume at some point in the placement period of the program.
It is also believed that students in the midst of preceding work experience have better communication proficiency in the company of both their juniors and seniors, and have a better vision of their future plans.
At the same time as this might be somewhat hard to believe, but one can do an MBA in Canada without work experience.
There are several other ways to make up for one’s deficiency of work experience. If you are not sure which school you should apply for, get in touch with our MBA admission consultant for a candid discussion on your goals.
Are there any advantages of pursuing an MBA in Canada without work experience?
There are scores of advantages to starting with one’s MBA right after your under graduation. A widespread belief is that when an individual starts working; he begins from scratch and creates a position for themselves in their relevant career fields. Subsequent to a certain point, withdrawing from that position and expansion is considered somewhat of a setback in one’s career. A very important reason, but a reason to be well thought-out, is the foregoing of one’s income as a working individual at what time one starts by way of their MBA again.
Students pursuing an MBA in Canada without work experience right after completing their under graduation definitely have an early start in support of their career.
What are the requirements for doing an MBA without Work Experience in Canada?
There are a lot of other requirements to apply for an MBA, which has no link to work experience. If paid appropriate attention to, these requirements can establish to be advantageous and work in favour of those wishing for pursuing an MBA devoid of work experience in Canada. These requirements are:
The foremost requirement universal for all kinds of students is a Bachelor’s degree with an aggregate percentage specified by the desired college.
The second prerequisite for pursuing an MBA without work experience in Canada is a GMAT or other comparable exam score, a good score close to the average score of the college to be applied for is important.
IELTS or another comparable exam score, for those whose local language is not English.
Which are the colleges that offer MBA in Canada without work experience?
Some of these colleges are:
New York Institute of Technology
Thompson Rivers University
Cape Breton University
University of Windsor
Vancouver Island University
Here are a few other management schools offering MBA in Canada and many other masters courses to applicants without work experience-
Sobey School of Business
The Rotman School of Management, University of Toronto
Lazaridis School of Business and Economics, Wilfrid Laurier University
University of Alberta School of Business
Smith College of Business
Schulich School of Business, York University
Connect with our MBA admissions consultant with your profile to select the best school you should apply for.