IELTS is the majorly accepted standardised test score in Canada. International students with an IELTS score of 6.0 to 6.5 are commonly accepted by the top universities in Canada. The universities also alternatively accepts TOEFL iBT scores of 80 or above for admission to the program. Other English proficiency test scores accepted by the top universities in Canada include TOEFL PBT, Duolingo, PTE among others.
No, MBA in Canada is not free. But many reputed universities in Canada offer affordable MBA courses. You can easily choose decent universities to pursue an MBA without compromising on the quality of education. As per the fee trends of top business schools in Canada, an MBA degree will cost around 34,000 CAD to 255,000 CAD.
Here are some of the affordable Canadian universities that you can consider for MBA.
Other than that, you can also opt for many popular scholarships available for MBA students in Canada. You have the option to work while studying as well.
The eligibility criteria for the popular scholarships to study in Canada are dependent on factors like scholarship type, level of study, fund availability and more. Some of the common factors considered for the merit based and need based scholarships to study in Canada are as follows:
The top universities in Canada with excellent placement records according to Times Higher Education are listed below:
| University | THE Employability Rank 2022 |
|---|---|
| University of Toronto | #11 |
| McGill University | #29 |
| University of British Columbia | #36 |
| University of Montreal/HEC | #63 |
| McMaster University | #81 |
| University of Alberta | #172 |
| University of Ottawa | #175 |
Executive MBA in Canada is reportedly the highest paying degree for international students with an average salary of 159,000 CAD (96.63 lakhs INR) per year. Students with Doctorate degrees in Canada earn the second highest with an average salary of 150,000 CAD (91.16 lakhs INR) per year. Following are some of the highest paying degrees in Canada for international students:
| Profession | Average Salary (CAD) | Average Salary (INR) |
|---|---|---|
| PhD | 126,000 | 76.58 lakhs |
| LLM | 114,000 | 69.29 lakhs |
| MBA | 110,000 | 66.85 lakhs |
| Masters in Finance | 106,000 | 64.42 lakhs |
The amount of funds required to avail Canada student visa are provided in the following table:
| Individual Visiting Canada | Fund Required Per Year (CAD) | Fund Equivalent for Indian Students (INR) |
|---|---|---|
| Student | 10,000 | 60,690 |
| First family member | 4,000 | 2.42 lakhs |
| Any additional family member accompanying the student | 3,000 | 1.82 lakhs |
The average cost of living in Canada for an international student is around 12,000 CAD per year. For an Indian student, this cost is equivalent to 7.28 lakhs INR per year. This cost includes rent, meals, travel, personal expenses and academic miscellaneous expenses.
The application deadlines for Fall intake in Canada ranges between September of the previous year to July of the year of enrollment. International students are advised to apply to their desired programs at the earliest to increase their chance of getting selected. This is because several universities offer admission on a first-come-first-serve basis.
International students mostly prefer Fall intakes while studying in Canada. The top universities in Canada accept the majority of the students through the Fall intake. This allows the students to acclimatise with the weather of the country before the arrival of winter season. Winter is the second most preferred intake in the country for international students.
In Canada, international students are generally accepted in the Fall, Winter and Spring/Summer. A majority of the international students in Canada are accepted through the Fall intake.
Explore: Intakes in Canada