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Canada's topmost MBA colleges - An overview

Canada's topmost MBA colleges - An overview | Makehomecanada
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Canada’s topmost MBA colleges – An overview

Embark on your journey to success with this comprehensive guide to Canada’s topmost MBA colleges in 2024. These institutions, renowned for their exceptional quality and affordability, attract a global student body. Offering a diverse range of specializations, including International Business, Entrepreneurship, and General Management, their MBA programs are meant to equip you with the essential skills and expertise for you to thrive in today’s competitive business world.

Canada’s leading MBA colleges have earned their place in the prestigious QS rankings 2024, a testament to their academic excellence. These institutions have seen a surge in popularity among international students in recent years, offering full-time and part-time programs across a wide range of specializations. With a variety of scholarship opportunities available, it’s no wonder that these colleges are the top choice for thousands of international students.

Canada has emerged as the ultimate country to study for an MBA as it has worldly-reputed universities. Here’s a list of QS Global Ranking for MBA Colleges in 2024 for those seeking admission to well-recognized universities.

Canada’s topmost MBA colleges in 2024

The QS Global Ranking list for MBA colleges in 2024 is given below:

  • Rotman School of Management – Number 1
  • Desautels Faculty of Management – Number 2
  • Ivey Business School – Number 3
  • Sauder School of Business – Number 4
  • Smith School of Business – Number 5
  • Schulich School of Business – Number 6
  • Alberta School of Business – Number 7
  • John Molson School of Business – Number 8
  • HEC Montreal – Number 9
  • DeGroote School of Business – Number 10

Rotman School of Management, Toronto – A number-one choice

Toronto University comprises the Rotman School of Management, which aims to become a leading business school across the globe. The university offers a full-time MBA program, along with an executive MBA, to international students. The MBA course has a timeline of twenty months, with a number one QS ranking this year. The tuition fee for the first year is CAD $67,532.

Desautels Faculty of Management, McGill – A leading faculty in Canada

The curriculum of the Desautels Faculty of Management is primarily well-known for its dynamic and international programs. It is an interdisciplinary model, which is a blend of practice, training, and research. The faculty has listed six Nobel Prize winners and 127 Rhodes Scholars. The duration of this course is twelve months, with a number 2 MBA ranking. The tuition fee for the first year is CAD $99,500.

Ivy Business School, Western – A faculty of world-class education

Ivey Business School provides excellent education with a wide variety of management programs. It comprises an alumni network with more than 23,000 students from more than 98 countries. Candidates must demonstrate that they have cleared GMAT to qualify for admission to this business school. It holds one of the chief positions among MBA colleges in Canada for international students. The duration of the course is twelve months, with a number 3 MBA ranking by QS. Also, the tuition fee for the first year is CAD $126,600.

Sauder School of Business, UBC – Number four among Canada’s top most MBA colleges in 2024

The University of British Columbia comprises the Sauder School of Business, with a reputation as the most extraordinary academic business school. Moreover, this business school ensures that it converts its students into world-class business leaders. The Times Higher Education World University Rankings of 2022 has listed this business school among the 35 world business schools. The duration of the course is sixteen months, with a ranking of 4th in the MBA program. The tuition fee for the first year is CAD $94,559.

Smith School of Business, Queen’s University is also among Canada’s top most MBA colleges in 2024

Smith School of Business at Queen’s University ranks 5th in the MBA rankings per the QS. However, it is widely known as the second-most prominent business school in Canada for international students. The full-time MBA program starts the yearly admission of students between January and September. The course duration is twelve months, with a first-year tuition fee of CAD $105,100.

Schulich School of Business, York – Bringing a breath of innovation

Schulich School of Business exists in Toronto’s business hub of Canada. This university will establish innovative programs for business leaders in the upcoming years. It offers varied finance and marketing management programs to students. The university offers scholarships worth CA$ 85,000. It is Canada’s chief short-duration MBA program for international students. The course duration is twelve months, with a total program fee of $112,250. It holds a sixth position in the MBA QS ranking.

Alberta School of Business – Undergraduate and post-graduate programs

Alberta University in Canada consists of the Alberta School of Business, which is reputed for the undergraduate and post-graduate programs it offers. It provides chief MBA courses to students and also includes internship programs. The duration of the course is 20 months, with total program fees of $CAD 65,000. The QS MBA ranking is at the seventh position.

Concordia (John Molson) – A leading institute

Concordia consists of the John Molson School of Business, and it has emerged as one of the prominent institutes for an MBA program. John Molson has consistently held the top position among the top ten schools in Canada. It is in the number eight position among the QS MBA rankings in 2024. The duration of the course is twelve months, with total fees of CAD $47,900.

HEC Montreal – The first Canadian business school

The first business school in this country was HEC Montreal, founded in 1907. Montreal has a worldly reputation for its research, finance, operations research, and economics. The HEC Montreal MBA program offers excellent practical education. Students get to learn to access their skills toward management through innovative teaching strategies. The course duration is twelve months, with a total program fee of $CAD 59,000. It holds a QS MBA ranking at the ninth position.

DeGroote School of Business – Number 10 Canada’s topmost MBA colleges in 2024

DeGroote School of Business in Canada’s McMaster University is one of the reputed universities for undergraduate and postgraduate programs. This school invites students by offering the best MBA program with concrete practical knowledge. It provides students with online and full-time MBA programs. The duration of the course is twenty months, with a total program fee of CAD $67,014. It ranks number 10 among the QS MBA ranking.

Studying MBA in Canada

Studying for an MBA in any of the above top MBA colleges in Canada in 2024 will have the following benefits:

  • Canada has emerged as one of the most affordable countries for pursuing an MBA. 
  • International students get access to dormitories at affordable fees. 
  • They also have the possibility of being in Canada once they complete their degree. 
  • If they adhere to the immigration process carefully, they might permit students to attain Canadian permanent residence.
  • Students have the chance to access quality education at Canada’s MBA universities.
  • They will be able to acquire solid practical and theoretical knowledge.

Eligibility criteria

The eligibility criteria to be admitted to Canada’s top colleges in 2024 will differ based on the course and college requirements. Given below are the basic eligibility requirements to pursue MBA programs in Canada:

  • Completion of a bachelor’s degree from a recognized university with the minimum GPA requirement. 
  • Must demonstrate considerable experience according to the requirements.
  • Possess valid GMAT or GRE exam score.
  • Score submission of the English Language Proficiency Tests, including IELTS, TOEFL, and PTE.

The most affordable Canadian MBA colleges

Canada also offers various MBA options to those who can’t spend enough to study for an MBA. Let’s explore the available, affordable options:

  • Memorial University of Newfoundland – The overall program fee is $36,947.
  • University of Saskatchewan – The fee for 2024 to 2025 is $68,190.
  • Concordia University – The fee for international students is $47,900.
  • University of Ottawa – The professional MBA fee for students in this university is $68,000.
  • Vancouver Island University – The international student fee for MBA here is $51,408.
  • Simon Fraser University – The international student fee for an MBA is $63,320.
  • University of Calgary – The fee for MBA international students is $25,293.

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