Are You Eligible For Study MBA In Canada? (Ultimate Checklist)

Canada is a hub of education. It offers world-class quality education to the students. Universities in Canada offer MBAs in Canada at a very low cost.

Not only the tuition fees but the living expenses in Canada is also very low. From accommodation costs to transportation costs, Canada is way cheaper than in the United Kingdom, the United States, and Australia.

Tuition Fees

If you want to study in Canada but are worried about the tuition fees, then here is some good news for you. The average tuition fee of an MBA in Canada costs between $30,000 and $40,000, which is far less than what the US, UK, and Australia charge.

Remember that in Canada itself, tuition fees vary from city to city and university to university. For example, the universities of Newfoundland have the lowest tuition fees while the universities of Ontario have the highest tuition fees in Canada.

There are many scholarships available for international students who wish to pursue an MBA from a Canadian university. For instance, Global Scholarships at McGill University is a program that offers international students with financial support for their first year of MBA program at McGill University.

The cost of studying an MBA degree in Canada can vary from one institution to another depending on a number of factors such as location, program duration, institution type, etc.

Moreover, the tuition fee of an MBA course in Canada also depends on which MBA degree program you have chosen. Master’s in Business, Computer Science, Engineering and Law are the most expensive MBA programs in Canada. You could spend up to 60,000 dollars on these MBA programs.

If you are confused about which university to attend in which state, then contact Goreto Educational Consultancy. We can help you find the best colleges & universities in Canada to secure your abroad study.

Accommodation Costs

When moving to a new country, your first concern is to find a place where you can stay for the maximum time.

In most cases, international students tend to look for university residences which are managed by the respective universities. The rooms in this residence area are shared with other students and each student has their own private room. A shared kitchen, bathroom and living space are part of the facilities provided at university residences.

Canada has multiple accommodation options for international students coming from different backgrounds and cultures. In fact, universities in Canada offer many different types of accommodations ranging from student residences to homestays with local families or renting an apartment or a room.

Students from abroad can stay in the following accommodations in Canada:

• Student residences: C$ 250 – C$ 625 per month
• University-arranged homestays: C$ 400 – C$ 800 per month
• Rent & share an apartment: C$ 300 – C$ 700 per month
• One-room apartment: C$1,000 per month

Room rent in Canada may be determined by location, facilities, and other basic utilities. For such utilities like electricity, water, heat, and garbage you need to pay extra charges. Your monthly bill for this will be about 150 dollars. In addition, you have to pay 50 to 70 dollars for internet service in Canada.

Food Costs

The cost of living in Canada is high since it is a developed country. However, students can easily manage their expenses if they live in self-catered accommodations and buy groceries from local supermarkets.

Low groceries bills make student life in Canada very easy. You don’t have to spend too much money on food bills in Canada because groceries costs in Canada are also very cheap. You will have to spend only around C$ 300 per month when you buy groceries from local supermarkets in Canada.

Additionally, snacks and meals are also very cheap in Canada. A three-course meal for two people in a mid-range restaurant cost only between C$ 50 and C$ 65.

But if you wish to have an occasional fine dining experience then you will have to spend C$ 110 on a three-course meal for two people at a mid-range restaurant.

You can even save more money on food if you take advantage of the free food offered by some colleges or get the special student discounts offered by many restaurants, cafes, bars, and pubs.

Transportation Costs

Canada has very low transportation costs for students. Anyone between 18 and 25 will get discounts when they buy a monthly transportation pass. A monthly transportation pass costs you C$ 90 per month. A one-way ticket costs C$ 3.

The number of MBA applicants in Canada has increased in the past few years.  Many Canadian universities are offering full-time and part-time options for MBA students. In addition to full-time and part-time MBA programs, Canadian universities offer Executive MBA programs to international students.

Let’s discuss all these types of MBA programs in Canada.

1. Full-Time MBA Program

The MBA is one of the most recognized and prestigious degrees in Canada, as well as international. Canadian universities offer full-time MBA programs that will help you develop the skills needed to advance into management roles.

Those who are a full-time MBA graduates in Canada obtain a general management degree that provides insight into how businesses function and how business leaders adapt to ever-changing challenges. The full-time MBA program includes courses in finance, marketing, strategy, human resources, and operations management. A full-time MBA from Canada is recognized worldwide.

This program includes everyday day classes where students can have a great campus experience. You can take classes, join clubs and social events when you choose a full-time MBA program in Canada.

In Canada, a full-time MBA program is generally 1 to 2 years in duration. Most full-time MBA programs offer a summer internship so students can gain real-life experience and explore different career options.

2. Part-Time MBA Program

Most MBA programs in Canada offer students one or two classes on weekends. However, when you choose a part-time MBA, you are able to do a full-time job as well.

The part-time MBA program in Canada takes three to five years to complete. Since it covers the same content as the full-time MBA program (just over a longer period), the difference in fees is not significant.

The program will provide students with a wide-ranging understanding of key business functional areas and their interconnectedness, to develop a business skill.

3. Executive MBA (EMBA)

The Executive MBA is a practice-oriented graduate business degree that is designed for working professionals at senior executive levels. One of the most significant features of the EMBA is its emphasis on group learning through peer exchange and collaborative teamwork. It helps working professionals to share their peer experience, enhance their knowledge and broaden their horizons.

If you have at least 5 to 7 years of experience in the relevant field, you can apply for an EMBA program in Canada. GMAT scores are not required for studying an EMBA in Canada. You can work while studying EMBA in Canada.

The duration of an EMBA program in Canada is one year, and it can cost anywhere from C$ 29,000 to C$ 145,000 CAD depending on the university you choose. Don’t worry because it’s like an investment that will pay you back a lot! An EMBA degree holder gets a job in Canada and can earn up to C$ 207,000 annually.

You can earn a Canadian master’s degree in business administration (MBA) in as little as 12 months. If you are a working professional, you can choose to pursue an executive MBA and continue working while studying.

4. Dual Degree MBA

A great way to get an MBA education in Canada is by joining a Dual Degree MBA program. There are many MBA colleges in Canada offering Dual Degree MBA programs which are specially designed for students who want an MBA and a second complementary degree at the same time.

With a Dual Degree MBA program, a student can obtain both an MBA degree and a graduate degree in engineering, medicine, science, law, education, or technology.

Check out the top five most popular specialized MBA programs in Canada to see if they suit your needs. If you are among those who are looking for specialized MBA programs to apply, then don’t stress as we at Goreto have compiled the top five most popular specialized MBA programs in Canada.

1. General Management

The General Management MBA program is designed for students who want to advance their careers with an MBA from a top Canadian business school. The curriculum focuses on a wide range of management skills, perspectives and competencies.

General Management is the most popular specialized MBA program in Canada, which is designed for students who want to develop a wide range of management skills. General Management programs cover a wide range of topics such as human resources, marketing systems, and UX.

This program will equip you with knowledge, skills and attitudes necessary to become a successful manager and leader. You will develop your understanding of how organizations work and learn how to analyze them from multiple perspectives. This program also emphasizes the importance of ethical leadership, global awareness and social responsibility.

2. Hospitality Management

Are you interested in the tourism sector? Canada offers a specialized MBA program in Hospitality Management as well. An MBA in hospitality management in Canada helps you develop business strategies in the tourism industry.

As a student of this program, you will learn how to manage and operate resorts, hotels, restaurants and other facilities that cater to tourists. More importantly, this program will teach you how to improve customer service and meet the demands of your clients.

Tourism is the fastest growing industry in the world. With the high customer demand and increased competition, businesses need to constantly innovate to stay ahead of the game. A full-time MBA degree in Hospitality Management at Canadian universities would provide you with excellent skill sets for a successful career in this sector.

3. International Management

If you are dreaming to work abroad in multi-national companies then the specialized MBA program is the perfect program for you. The international management program allows you to learn critical skills, finance, operations, and strategies to do business with international companies globally.

This specialized MBA course is designed for professionals with an undergraduate degree who want to boost their career and reach their goals. The course explores the core skills that are key to managing an international business and teaches you how to develop a strategic plan with a global mindset.

You will learn how to manage foreign operations and gain new insights into how organizations can become more competitive internationally. This MBA program also focuses on how different cultures impact international business and helps students master leadership skills.

4. Marketing

The Marketing MBA program will make you perfect in promoting products and services, and executing marketing campaigns. It will also develop your communication skills with customers and will upgrade your growth to marketing skills.

Marketing MBA program is one of the best ways to get a job in the business industry. It allows you to learn about all aspects of marketing, promotion, and advertising. As well as you will learn about business strategies and practices that are used in marketing and how to manage a marketing department. One can do specialization in segments like sales, advertising, and public relations.

Doing an MBA in marketing will also make you perfect to work with clients and customers by listening to their needs and requirements so that you can fulfill them through your services. It is one of the best courses for building your communication skills with customers and developing techniques for promoting products and services.

MBA in Marketing is very beneficial for those who want a successful career in management. It allows the students to become perfect managers of a marketing department by providing excellent knowledge regarding different marketing strategies.

5. Finance Leadership

The MBA in Finance Leadership is a 15-month program aimed at helping students develop the skills needed to become leaders and innovators in today’s volatile, global economy.

If you are among those who prefer focusing on finance then a specialized MBA in Finance Leadership could be the best option for you to study in Canada from Nepal. You get to learn accounting, statistics, analytics, and more in a Finance Leadership MBA program.

You can also enjoy the benefits of studying in Canada from Nepal if you opt for an MBA in Finance Leadership. You will be able to study accounting, statistics, analytics, and more in a Finance Leadership MBA program. If you are among those who prefer focusing on finance then a specialized MBA in Finance Leadership could be the best option for you to study in Canada from Nepal.

This MBA specialization is best suited for those who want to develop their leadership skills as well as their understanding of global finance and capital markets. This can help you establish yourself as a leader in any industry that has a connection with global markets.

You can expect to learn about financial operations, risk analysis, investment management, strategic planning, and more through this program. These skills are going to be highly sought-after by employers once you enter the job market.

As the demand for MBA programs is increasing, the supply of universities is also increasing. The requirement of admission is different from university to university.

It is not mandatory that you must have a GMAT score for your admission in the university as some of the institutions are accepting GRE score as well. You can also see that some of the colleges have lower GMAT score (around 500) for their admission process.

However, if you want to gain an edge over others then try to get high marks in your GMAT or GRE exam so that you will be able to apply for those universities which require higher marks for admission.

You can directly apply to the university using their official website. But if you are not sure how to apply or want some help in the admission process then you can reach out to Goreto Educational Consultancy for free counselling by clicking here.

In the table below, Goreto Educational Consultancy lists 10 top MBA universities in Canada in order of tuition fees, GMAT scores, location, and type of MBA program.

If you are planning to study in Canada, then you can visit or contact Goreto Educational Consultancy.  We are a unique consultancy firm that helps students get across their visa application for the desired course.

We are a group of trendsetters with our team of highly qualified professionals. We help students get selected to their desired course and university by making precise assessment of their academic records and future goals.

We have a special division which consists of ex-consulates who have years of experience in the field. Unlike other consultancies, we at Goreto Educational Consultancy never fail to gain the trust of our students. We will help you throughout college selection for the visa application.

International students from Nepal are eligible for a wide range of scholarships, grants, and bursaries to help fund their studies at universities in Canada.

To apply for scholarships, you need to understand the application process and stick to the deadlines specified by the granting institution or organization.

The eligibility requirements and application package differ according to the type of scholarship. For example, some scholarships may require a personal essay and/or request references from past teachers or employers. Other scholarships may be primarily offered based on academic performance, extracurricular achievements, or other creative skills.

Nepalese students are also encouraged to apply for foreign government scholarships. These scholarships are available through the Education Abroad Section at the Ministry of Education, Science and Technology.

Students must meet certain requirements to apply for MBA programs at Canadian universities. We have listed a few most common requirements a Nepalese student must meet before applying for a study permit.

• Academic records of bachelor’s degree from a college
• GMAT score
• Must have work experience in relevant fields
• English language proficiency test scores (IELTS or TOEFL)
• Statement of Purpose
• Two Recommendation Letters
• Bank statements for financial proof.

Pursuing an MBA from Canada can be a challenging task, even for the most experienced students. The process for applying for an MBA program in Canada is often complex and time-consuming. This is why we recommend you take help from a professional study abroad consultant to avoid any mistakes during the application process.

Some of the few universities in Canada particularly don’t ask for any work experience of a candidate. The name of such universities are New York Institute of Technology, Thompson Rivers University, Cape Brenton University, University of Windsor, and Brock University

Then, after reviewing your application, you will be shortlisted for an interview. By passing the interview, you will become eligible to apply for a Canada study permit.

The process to apply for an MBA can be lengthy, so as one of the top MBA consultants in Nepal, we recommend you begin the application process for an MBA at least two years before your intended start date for Canada.