How much will be the cost for doing an MBA in Canada?
MBA, also acknowledged as Masters in Business Management, is one degree that is well-liked among students currently. Canada is an excellent destination to follow management studies. Students from all over the world are applying en route for Canadian business schools. Lots of students worldwide like better Canada for their higher studies. Students from all over the world are reaping the advantages of studying in a global environment.
MBA in Canada is a two-year program utterly premeditated for those students who are interested in making a long-standing outlay in their professional and individual development. MBA is a program that will facilitate you build a great career. An MBA allows students to get to their professional and individual goals.
Cost of MBA in Canada
As per the approximation, a standard MBA would cost you something like C$ 30,000. Nevertheless, given below is a breakup for all costs that play a key role in the by and large MBA package.
Tuition for Regular MBA– C$ 1,500- 110,000 depending on the extent of the MBA course (1-2 years).
Tuition for EMBA– C$ 69,000- 139,000, yet again depending on top of the MBA duration.
Rent– C$ 500-1500, varies from county to county
Domestic costings– C$ 800-1000
Food– C$ 300-400
Other expenses, for instance - transport, internet, entertaining activities, etc. diverge from individual to individual.
Most Reasonably Priced Canadian MBA Programs
HEC Montreal - One of the most excellent MBA programs in the world is also very reasonable and worldwide students shell out $35,000 CAD.
John Molson School of Business - is a great institution that possesses manifold accreditations and high rankings and worldwide students are charged $38, 000 CAD.
Sobey School of Business - at Saint Mary’s University in Halifax – it maintains manifold accreditations and is very much regarded by the institutions. For worldwide students, tuition and other fees is something like $42,000 CAD.
Ted Rogers School of Management - is situated in the heart of Toronto, offering lots of specialized opportunities to business school students. Global students shell out $36,000 in tuition and fees.
Looking from worldwide Students’ point of view, Canadian B-Schools offer a lot. A few of the key attractions are:
Competitive set of courses
Accessibility of reputed universities
Prospect to settle down within Canada
Chance to experience the civilisation and standard of living
MBA Specialisations in Canada
MBA in Finance Management, Business Analytics, HR Management, Marketing Management, Travel and Tourism Management, International Business, Healthcare Management, Operations Management, etc.
Let’s take a look at the essential eligibility criteria:
Minimum educational prerequisite: Bachelor’s Degree
GMAT, GRE or pertinent admission examination
Work experience (3-4 years, may diverge however)
Non-native English speakers and worldwide students must hold a compelling score in English language tests TOEFL/ PTE
In view of the fact that you are here, you may also feel like to check Top MBA Colleges and the costs involved. Hope it facilitates!
What are the benefits of doing MBA in Canada?
Doing MBA in Canada is well thought-out more within your means than in the USA. The college fees over and above the cost of living are to some extent lower in Canada. In addition, the place has a life inside and outside your college grounds to walk around different foodstuff, music, art, and adventures.
Quality education and brilliant career opportunities are the key reasons for pursuing higher education from the world’s most excellent universities. Canadian MBA colleges and universities are a few of the most favourite options owing to the quality learning experience offered to students all the way through an updated curriculum. Business schools in the nation state offer brilliant infrastructure, experience, and scholarships.
Paying in support of your education is an outlay for the future. At what time it comes to studying abroad, tuition fees turn into a huge economic undertaking for lots of students. Studying in Canada is an assurance to dig up the full return on your outlay.
Several well-known business institutions in Canada are featured in well-recognised worldwide rankings. Another ground to study in Canada is the prospect to experience living in a multicultural countryside. Furthermore, it is a country in the midst of political stability and a calm environment amid a low crime rate. The country encompasses two official languages – English and French. This gives students an opening to build up innovative language skills.
Top Universities to do MBA in Canada?
Sauder Business School, University of British Columbia
University of Alberta, Alberta School of Business
University’s Schulich School of Business
Queen’s School of Business, Queen’s University
University of Toronto: Rotman School
Why You Should do MBA in Canada?
Canada is fast turning into a prosperous place to study. As many as 80% of worldwide students that complete a one-year MBA do not leave Canada just the once after completing their studies.
At the moment, Canada has gained in actual fact a strong reputation for steadiness. Worldwide students in Canada stand to benefit from open-minded post-MBA visa policies. For instance, those doing two-year degrees are allowed to work intended for three years subsequent to graduation, which gives them sufficient time to apply in favour of permanent residency in Canada.
Canada is experiencing the major increase in immigration. The MBA is a sort of big financial outlay and one that students make with the hope of having strong post-MBA career projection. Canada’s post-graduation work permit makes it much easier for worldwide students to stumble on post-graduation employment and reduces a little of the insecurity and stress that can get nearer from having to find an employer keen to hire and sponsor a student intended for a work permit.
Employers value Canada’s highly skilled employees. Amazon, for instance, has created numerous jobs in Canada over the precedent few years, in the midst of plans to add more in next to no time. Seeing as you are here, and at this moment that you make out Why You Should do MBA in Canada.