Master of Business Administration at McGill University - Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

McGill MBA Fees, Requirement, Application, Deadline 2026.

Montreal, QuebecLocation
UniversitySchool type
Estd1821established year
40531enrollment
Public
7.3/10

Master of Business Administration [MBA]

1 year
Full Time
Co Op & On Campus

Field of Study

Ranked #60 out of 650 by QS Global Ranking 2025

₹73 L/Yr

CA$108,500 /Yr
5 Students Applied
3 Students Admitted
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Collegedunia Team

Content Curator | Updated on - Apr 13, 2026

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?

  • 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

Year1st Year Fees
Tuition Fees₹7302050 (CAD 108500)

Other Expenses

HeadAvg Cost Per Year
Living Expenses₹1014749 (CAD 15078)
Health Insurance₹77732 (CAD 1155)

Previous Year Tuition Fees

Year1st 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.

EventApplication Date
Second Application Deadline For Fall 2026 Intake Jan 15, 2026
Final Deadline For Fall 2026 Intake Mar 15, 2026

Scores Required

7 / 9

Avg. Score in

IELTS

100 / 120

Avg. Score in

TOEFL

139

Application Fees

48

ECTS Credits

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.


Ranking

202520242023202220212020201920182017

QS World University logo
Business 60 out of 650 in Global Ranking
( #4 out of 44 in Canada 2025)
( #5 out of 44 in Canada 2025)

Times Higher Education logo
Business 84 out of 990 in Global Ranking
( #4 out of 29 in Canada 2025)

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TOP Scholarships

Scholarship nameAward amountEligibility
Kelly Family MBA Leadership Award$15,000Students should have good Academic merit and leadership skills
Adam Dinkes MBA Leadership Award$10,000Preference will be given to international students with an interest in entrepreneurship.

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 scoresIELTS - 7/9TOEFL - 100/120IELTS - 7/9TOEFL - 100/120IELTS - 7/9TOEFL - 100/120IELTS - 7/9TOEFL - 5/6Duolingo - 120/160IELTS - 7/9TOEFL - 4.5/6Duolingo - 125/160IELTS - 6.5/9TOEFL - 92/120IELTS - 7.0/9PTE - 70/90TOEFL - 100/120GMAT - 630/800GRE - 312/340IELTS - 7/9TOEFL - 95/120TOEIC - 781/990Duolingo - 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 datesNov 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 6925506.5Total Cost (Tuition + Living) -INR 3987053.9Total Cost (Tuition + Living) -INR 9401406.2--Total Cost (Tuition + Living) -INR 6931900
Return on Investment/Average Package-----#Average SalaryINR 9504846.3---
-Read Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full Comparison



Options Available

ProgramDelivery TypeDurationProgram TypeTuition Fees
MBA Management Business Analyticsfull time2 yearson-campus₹2074657.1
M.B.A Management - Financefull time2 yearson-campus, Course Based₹2074657.1
M.B.A Management - Marketingfull time2 yearson-campus, Course Based₹2074657.1

Comments


Found 1 Comment

L
lunjapikai haokip
May 3, 2023 15:14
What are the chances of getting admitted with 3 years Bachelor degree?
S
Sinbad Chongtham
May 4, 2023 08:01

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.


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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
McGill University International Entrance AwardsScholarship per student₹ 6.7 L/Yr$10,000Level Of StudyMasterTypeCollege-Specific
Axol Science ScholarshipScholarship per student₹ 1.3 L/Yr$2,000Level Of StudyBachelorTypeCompany-Sponsored
Business Administration ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
University of Montreal ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
VueVille Future Technology ScholarshipScholarship per student₹ 67,300/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Go Clean ScholarshipScholarship per student₹ 2.4 L/Yr$3,500Level Of StudyBachelorTypeMerit-Based

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
--
INR 81.8 L/Yr
CAD 121,600 /Yr
  • TOEFL: 93
  • IELTS: 7
Application Deadline For Fall 2026 (1st May 2026)
INR 65.3 L/Yr
CAD 97,000 /Yr
  • IELTS: 7.0
  • TOEFL: 100

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