Master of Business Administration [MBA]
Field of Study:
₹73 L/Yr
MBA at McGill University (Desautels): Fees, Eligibility & ROI for Indian Students (2026)
McGill University's MBA, offered by the Desautels Faculty of Management, is a 2-year full-time program based in Montreal, Canada. McGill ranks #27 globally (QS 2026) and the Desautels MBA ranks #87 in the Financial Times Global MBA Rankings 2026 — the only Canadian MBA in the FT top 100.
It is ranked #1 in Canada for ROI and Alumni Outcomes by QS Global MBA Rankings 2026. The total cost for international students is approximately ₹90–95 Lakhs over 2 years (tuition + living), with a Post-Graduation Work Permit (PGWP) of up to 3 years upon graduation.
Admission Status (Fall 2026): The international deadline of March 15, 2026 has passed. The Fall 2027 application cycle will open later in 2026. Express interest on the Desautels website to receive updates on the next cohort.
- Why Pursue an MBA at McGill's Desautels Faculty of Management?
- McGill MBA Fees for International Students (Fall 2026)
- Cost of Living in Montreal for McGill MBA Students
- Admissions: McGill MBA Requirements for Indian Students
- McGill MBA Curriculum — Brief Overview
- McGill Desautels MBA Rankings (2026)
- Scholarships for McGill MBA — International Students
- Placements & Career Outcomes — McGill MBA 2025
- ROI: McGill MBA for Indian Students
- FAQs
Why Pursue an MBA at McGill's Desautels Faculty of Management?
- Ranked #1 MBA in Canada for ROI — QS Global MBA Rankings 2026
- Mean base salary of CAD 1,05,511 (~₹71.04 Lakhs) — 3-year cumulative average (2023–25)
- Montreal's cost of living is 30–40% lower than Toronto, reducing total program cost significantly
- Graduates are eligible for a PGWP of up to 3 years, a direct pathway to Canadian PR
- Access to a global alumni network across Bain, BCG, McKinsey, RBC, Google and more
McGill MBA Fees for International Students (Fall 2026)
Exchange rate used: CAD 1 = ₹67.34 (April 13, 2026 — Yahoo Finance). All INR figures are approximate and subject to exchange rate fluctuation.
| Fee Component | CAD | INR (Approx.) |
|---|---|---|
| Total Tuition (Full Program — 2 years) | CAD 1,08,500 | ₹73.06 Lakhs |
| International Study Trip (excl. airfare) | CAD 3,000 | ₹2.02 Lakhs |
| Compulsory Fees (Registration, IT, etc.) | ~CAD 1,600 | ~₹1.08 Lakhs |
| Health Insurance | ~CAD 1,800 | ~₹1.21 Lakhs |
| Total Program Cost (Fees Only) | ~CAD 1,14,900 | ~₹77.37 Lakhs |
The CAD 1,08,500 tuition covers the full 2-year program — not per year. This is a flat program fee, not a per-credit charge. A non-refundable deposit of CAD 5,000 is required upon accepting the offer.
Cost of Living in Montreal for McGill MBA Students
Montreal is the most affordable major business school city in Canada. Total monthly expenses excluding rent average CAD 600–750 (~₹40,404–50,505).
| Expense | CAD/Month | INR/Month (Approx.) |
|---|---|---|
| Groceries | CAD 300–400 | ₹20,202–26,936 |
| Transportation (STM monthly pass) | CAD 85–100 | ₹5,724–6,734 |
| Utilities (if off-campus) | CAD 80–120 | ₹5,387–8,081 |
| Miscellaneous | CAD 100–150 | ₹6,734–10,101 |
| Total (excl. rent) | ~CAD 600–750 | ~₹40,404–50,505 |
On-Campus Graduate Housing (2026–27 Official Rates):
| Option | Monthly Rent (CAD) | INR/Month (Approx.) |
|---|---|---|
| Shared Facilities — Single Room (3704 Peel) | CAD 875–1,100 | ₹58,923–74,074 |
| Solin Hall — Single Room (Shared Apt) | CAD 1,135–1,295 | ₹76,431–87,175 |
| Apartment Style — Studio (Greenbriar) | CAD 1,155–1,385 | ₹77,778–93,236 |
Off-campus rent in the McGill area typically ranges from CAD 900–1,300/month for a shared apartment. International students can work up to 24 hours/week off-campus during academic terms (IRCC, November 2024) and full-time during scheduled breaks. Quebec's minimum wage is CAD 16.10/hour (2025).
Admissions: McGill MBA Requirements for Indian Students
The program admits students for Fall semester only. There is no Winter or Summer intake.
| Round | Deadline |
|---|---|
| Round 1 | November 15, 2025 |
| Round 2 | January 15, 2026 |
| Final (International) | March 15, 2026 |
| Final (Canadian/PR) | May 15, 2026 |
Deadlines above are for Fall 2026. Fall 2027 deadlines will follow a similar schedule.
Eligibility:
- Bachelor's degree from a recognised university (4-year degree; Indian 3-year degrees may not qualify — verify with Desautels)
- Minimum 2 years of full-time post-graduation work experience (mandatory — no waiver)
- GMAT or GRE: Required — no waivers granted. Average admitted GMAT score: 660–670
- Application fee: CAD 139.63 (non-refundable)
Application Process:
- Apply via McGill's Graduate Admissions System (Minerva)
- Official transcripts from all universities attended (with certified English translation if applicable)
- CV/Resume
- 2 professional Letters of Reference (from direct supervisors — not academic)
- 3 Essay Questions (500 words each — career goals, teamwork, decision-making)
- Interview by invitation only (conducted via Skype for international applicants)
English Language Proficiency (ELP):
| Test | Minimum Score | Waiver Condition |
|---|---|---|
| TOEFL iBT | 100 (min. 20 in each section) | Waived if undergrad was at a recognised English-medium university |
| IELTS Academic | 7.0 overall (no band below 7.0) | Waived if undergrad was at a recognised English-medium university |
Note: Only tests taken at official test centres are accepted. At-home tests are not accepted for MBA admission.
McGill MBA Curriculum — Brief Overview
The 2-year program is structured around a core semester followed by electives and a specialisation.
- Core Semester (Year 1): Financial Accounting, Managerial Economics, Organisational Behaviour, Marketing Management, Operations Management, Corporate Finance, Business Strategy
- Electives (50+ options): Students choose from over 50 management electives
- Specialisations (choose one):
- Business Analytics
- Entrepreneurship
- Finance
- International Business
- Marketing
- Technology Management
- International Study Trip: Mandatory global immersion component (CAD 3,000 excl. airfare)
- Internship: 78% of full-time MBA students seeking employment secured an internship (2025–26 data)
McGill Desautels MBA Rankings (2026)
| Ranking Body | Rank | Year |
|---|---|---|
| QS World University Rankings (Overall) | #27 | 2026 |
| Financial Times Global MBA | #87 | 2026 |
| QS Global MBA — ROI & Alumni Outcomes (Canada) | #1 in Canada | 2026 |
McGill climbed from #94 (FT 2025) to #87 (FT 2026) — the only Canadian MBA in the FT Global top 100.
Scholarships for McGill MBA — International Students
| Scholarship | Eligibility | Value | Deadline |
|---|---|---|---|
| McCall MacBain Scholarship | All nationalities, incoming master's/MBA | Full tuition + stipend | June 1, 2026 (for 2027 cohort) |
| Desautels MBA Merit Awards | All admitted students (merit-based) | Partial (varies) | Automatic at admission |
| Weston Fellowship | All nationalities, incoming & current | Varies | Check GPS portal |
| McGill Graduate Award Program | Current students, no citizenship restriction | Varies | Ongoing |
Merit-based scholarships of up to 50% of tuition are available for Canadian citizens and PRs. International students are considered for Desautels-specific awards at the time of admission — no separate application required.
Placements & Career Outcomes — McGill MBA 2025
All data is from McGill Desautels official 2025 employment statistics.
| Metric | Data |
|---|---|
| Mean Base Salary (3-yr avg 2023–25) | CAD 1,05,511 (~₹71.04 Lakhs/year) |
| Mean Signing Bonus (3-yr avg) | CAD 21,114 (~₹14.22 Lakhs) |
| Placement Rate (within 6 months) | 83% — Full-Time MBA 2025 |
| Top Functional Area | Consulting/Strategy — 23% |
| Top Industry | Financial Services — 33% |
| Location of Employment | Montreal 66% / Toronto 31% / International 3% |
Salary by Industry (3-year cumulative mean):
| Industry | Mean Base Salary (CAD) | INR (Approx.) |
|---|---|---|
| Consulting | CAD 1,14,990 | ₹77.42 Lakhs |
| Technology | CAD 1,12,400 | ₹75.68 Lakhs |
| Financial Services | CAD 97,352 | ₹65.54 Lakhs |
| Manufacturing | CAD 90,000 | ₹60.61 Lakhs |
Top employers include Bain & Company, BCG, Deloitte, RBC, TD Bank, McKinsey, Amazon, Google and Morgan Stanley.
ROI: McGill MBA for Indian Students
| Cost Component | CAD | INR (Approx.) |
|---|---|---|
| Total Tuition + Fees (2 years) | ~CAD 1,14,900 | ~₹77.37 Lakhs |
| Total Living Cost (2 years) | ~CAD 43,200 | ~₹29.09 Lakhs |
| Total Investment | ~CAD 1,58,100 | ~₹1.06 Crores |
| Mean Base Salary (post-MBA) | CAD 1,05,511/year | ₹71.04 Lakhs/year |
| Mean Signing Bonus | CAD 21,114 | ₹14.22 Lakhs |
| Break-Even Period | ~14–16 months post-employment | — |
The PGWP of up to 3 years post-graduation provides a direct route to Canadian PR through Express Entry (Canadian Experience Class). For Indian students targeting consulting or financial services in Canada, the McGill MBA offers one of the strongest ROI profiles among Canadian business schools — ranked #1 in Canada for ROI by QS 2026.
McGill's Desautels MBA combines a globally ranked program (FT #87, 2026), Montreal's low cost of living, a mean post-MBA salary of CAD 1,05,511 and a 3-year PGWP. At a total investment of approximately ₹1.06 Crores — recoverable within 14–16 months of employment — it is the most cost-efficient top-100 global MBA available to Indian students in Canada.
FAQs
Ques. Is a 3-year Indian bachelor's degree accepted for the McGill MBA at Desautels?
Ans. McGill requires the equivalent of a 4-year bachelor's degree for MBA admission. Most Indian 3-year bachelor's degrees (e.g., B.Com, B.Sc. pass courses) do not meet this requirement. Indian students with a 3-year degree should complete a postgraduate diploma or master's degree first to meet the eligibility threshold. IIT/NIT B.Tech (4-year) and other 4-year Indian degrees are generally accepted.
Ques. Can Indian students get a GMAT waiver for the McGill Desautels MBA?
Ans. No. McGill Desautels explicitly states that no GMAT or GRE waivers are granted for the MBA program. All applicants — including Indian students — must submit official GMAT Focus Edition or GRE scores. The average admitted GMAT score is 660–670. Scores must be sent directly to McGill using GMAT Institution Code: 58 H-MN-22.
Ques. What is the Post-Graduation Work Permit duration after the McGill MBA and does it help with Canadian PR?
Ans. McGill MBA graduates are eligible for a PGWP of up to 3 years (as per IRCC's updated policy for master's graduates). This open work permit allows graduates to work for any Canadian employer. With a mean salary of CAD 1,05,511 and Canadian work experience, MBA graduates can qualify for Canadian PR through Express Entry — Canadian Experience Class typically within 1–2 years of working post-graduation.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹7302050 (CAD 108500) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living Expenses | ₹1014749 (CAD 15078) |
| Health Insurance | ₹77732 (CAD 1155) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2025 | ₹7302050 (CAD 108500) |
| 2024 | ₹2004194 (CAD 29780) |
| 2023 | ₹2092559 (CAD 31093) |
| 2021 | ₹6696350 (CAD 99500) |
Important Dates
Applications are now open for 2026 admissions.
| Event | Application Date |
|---|---|
| Second Application Deadline For Fall 2026 Intake | |
| Final Deadline For Fall 2026 Intake | |
Scores Required
TOEFL iBT: 100 with a minimum score of 20 in each category.
IELTS Academic 7.0 overall with no score below 7.0 is required.


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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Kelly Family MBA Leadership Award | $15,000 | Students should have good Academic merit and leadership skills |
| Adam Dinkes MBA Leadership Award | $10,000 | Preference will be given to international students with an interest in entrepreneurship. |
Key Resources for Your Study Abroad Journey
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Masters in Management in Canada: Deadlines, Fees, Jobs, and Salary
Programs Comparison
| ranking | # 60 for Business by QS World University 2025 # 84 for Business by Times Higher Education 2025 | # 91 for Business by QS World University 2025 # 301 for Business by Times Higher Education 2025 # 62 for Business by Financial Times 2024 | # 60 for Business by QS World University 2025 # 84 for Business by Times Higher Education 2025 | # 24 for Business by Times Higher Education 2025 # 33 for Business by QS World University 2025 | # 401 for Business by QS World University 2025 # 401 for Business by Times Higher Education 2025 | # 86 for Business by QS World University 2025 # 96 for Business by Times Higher Education 2025 | # 29 for Business by Times Higher Education 2025 # 49 for Business by QS World University 2025 | # 79 for Business by Times Higher Education 2025 # 108 for Business by QS World University 2025 | # 5 for Business by QS World University 2026 # 12 for Business by Financial Times 2024 |
| application | - | - | - | #1656 Applicants # 275 Admissions # 16 % Acceptance Rate | # 41 % Acceptance Rate | #343 Applicants # 151 Admissions # 44 % Acceptance Rate | # 99 Admissions | - | - |
| exam scores | IELTS - 7/9TOEFL - 100/120 | IELTS - 7/9TOEFL - 100/120 | IELTS - 7/9TOEFL - 100/120 | IELTS - 7/9TOEFL - 5/6 | Duolingo - 120/160IELTS - 7/9TOEFL - 4.5/6 | Duolingo - 125/160IELTS - 6.5/9TOEFL - 92/120 | IELTS - 7.0/9PTE - 70/90TOEFL - 100/120 | GMAT - 630/800GRE - 312/340IELTS - 7/9TOEFL - 95/120TOEIC - 781/990 | Duolingo - 135/160GMAT - 690/800IELTS - 7.0/9PTE - 72/90TOEFL - 100/120 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Nov 15, 2025 (First Application Deadline For Fall 2026 Intake) Jan 15, 2026 (Second Application Deadline For Fall 2026 Intake) Mar 15, 2026 (Final Deadline For Fall 2026 Intake) | - | Nov 15, 2025 (First Application Deadline For Fall 2026 Intake) Jan 15, 2026 (Second Application Deadline For Fall 2026 Intake) Mar 15, 2026 (Final Deadline For Fall 2026 Intake) | Sep 10, 2025 (Round 1 Application Deadline For 2026 Intake) Nov 19, 2025 (Round 2 Application Deadline For 2026 Intake) Mar 4, 2026 (Round 3 Application Deadline For 2026 Intake) | Mar 1, 2026 (Application Deadline For Fall Intake) Jun 1, 2026 (Application Deadline For Winter Intake) | Apr 13, 2026 (Round 2 Application Deadline For 2026 Intake) Jul 6, 2026 (Round 3 Application Deadline For 2026 Intake) | Mar 24, 2025 (Supporting Documents Deadline Foe 2026 Intake) Jan 9, 2026 (Round 2 Application Deadline for 2026 Intake) Mar 10, 2026 (Round 3 Application Deadline for 2026 Intake) Jun 30, 2026 (Official Documents Submission Deadline For 2025 Intake) | Mar 15, 2026 (Round 1 Application Deadline for September Intake 2026) May 15, 2026 (Round 2 Application Deadline for September Intake 2026) Jun 15, 2026 (Round 1 Application Deadline for January Intake 2026) Oct 15, 2026 (Round 2 Application Deadline for January Intake 2026) | Feb 19, 2026 (Round 3 Application Deadline For September 2026 Intake) Apr 9, 2026 (Round 4 Application Deadline For September 2026 Intake) May 28, 2026 (Round 5 Application Deadline For September 2026 Intake) Oct 2, 2026 (Round 1 Application Deadline For September 2027 Intake) Dec 16, 2026 (Round 2 Application Deadline For September 2027 Intake) |
| cost to study | - | - | - | Total Cost (Tuition + Living) -INR 6925506.5 | Total Cost (Tuition + Living) -INR 3987053.9 | Total Cost (Tuition + Living) -INR 9401406.2 | - | - | Total Cost (Tuition + Living) -INR 6931900 |
| Return on Investment/Average Package | - | - | - | - | - | #Average SalaryINR 9504846.3 | - | - | - |
| - | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison |
College Student Profiles
Options Available
| Program | Delivery Type | Duration | Program Type | Tuition Fees |
| MBA Management Business Analytics | full time | 2 years | on-campus | ₹2074657.1 |
| M.B.A Management - Finance | full time | 2 years | on-campus, Course Based | ₹2074657.1 |
| M.B.A Management - Marketing | full time | 2 years | on-campus, Course Based | ₹2074657.1 |
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| McGill University International Entrance Awards | Scholarship per student₹ 6.7 L/Yr$10,000 | Level Of StudyMaster | TypeCollege-Specific | |
| Axol Science Scholarship | Scholarship per student₹ 1.3 L/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| University of Montreal Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student₹ 67,300/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student₹ 2.4 L/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
-- | INR 81.8 L/Yr CAD 121,600 /Yr |
| ||
EMBA, McGill University15 months | Application Deadline For Fall 2026 (1st May 2026) | INR 65.3 L/Yr CAD 97,000 /Yr |
|
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Comments
Found 1 Comment
A four-year bachelor’s degree is typically required to apply for graduate admission at McGill University. However, the university also somtimes accepts applications from students who have completed a three-year bachelor’s degree on a case-by-case basis. However, meeting the minimum admission requirements does not guarantee admission to the program, as admission decisions are highly competitive and based on a holistic review of each students’s credentials.