8 affordable MBA colleges in Canada for international students
Canada has become one of the most sought-after destinations for studying MBA. They have the best MBA colleges in Canada for international students.
MBA as we all know is one of the most demanding programs for students over the past few decades. One of the major reasons most people shy away from studying MBA in Canada I as a result of financial resources.
Not to worry, because this article will educate you on the best and most affordable MBA colleges in Canada that are perfect for international students. We also cover the fees for each college, the various programs they offer, and their QS ranking.
Top 8 affordable MBA colleges in Canada for international students
Some of the most affordable MBA colleges in Canada that offer MBA for international students include:
- Wilfrid Laurier University
- Saint Mary’s University
- Memorial University of Newfoundland
- University of Victoria
- Laval University
- University of Calgary
- Asper School of Business, University of Manitoba
- University of New Burnstick
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Wilfrid Laurier University:
The Wilfrid Laurier University having a current QS ranking record of 250+ is one of the most affordable MBA colleges in Canada. They focus on empowering students with the right tools and skillset that is necessary for their success on their path of choice.
Each program delivers the best student experience possible and some of their programs include;
- Full-time MBA
- Part-time MBA
- Full-time + co-op
Their average fee per year is CAD 16,000. When it comes to student satisfaction, Wilfrid Laurier University has ranked number 1 for the past four years as stated by Macleans Magazine.
Saint Mary’s University
Saint Mary’s offers a specially designed immersive MBA program that focuses on bringing forth responsible leadership alongside unique business experiences both locally and internationally.
Their primary goal is to nurture your innovative and entrepreneurial mindset using their various modules. Their average fee per year is around CAD 25,000
They are one of the most affordable colleges you can study MBA at and they are currently ranking by the QS as 252+. some of the programs include;
- Fulltime MBA
- Executive MBA
- Parttime MBA
Memorial University of Newfoundland
This college is popular for offering one of the cheapest MBAs in Canada for international students. They aim to offer fundamental business knowledge alongside leadership skills that would meet their business-orientated goals.
They currently rank #641-650 in QS World University rankings and have an average fee per year of around CAD 24,000. Their popular programs include;
- Master of Business Administration (MBA)
- MBA in social enterprise and entrepreneurship.
The Memorial University of Newfoundland is the first business school in Atlantic Canada to be accredited by AACSB International.
University of Victoria
If you are looking for a good college in Canada that offers low fees for the best program, then the University of Victoria is one you should look out for. Most of their cheap MBA programs are offered by Sardul. S. Gill Graduate School at the Peter B. Gustavson School of Business.
With a QS world university rank of 322, they seek to usher international students into new career paths such as community building, socially minded corporate leadership, etc.
Some of their programs include;
- Juris doctor +MBA
- Master of Business Administration.
Their average fee per year is CAD 39,000 and graduates from this college are highly sought after by top companies.
Laval University
Laval University is amongst the most affordable MBA colleges in Canada for international students. They are the leading college that has been offering affordable MBAs in Canada since 1924. Their faculty of business has one of the best well-equipped modern business schools in Canada.
They offer;
Full-time MBA
Executive MBA
Part-time MBA (MBA Global Business)
Laval University ranks 441 according to the QS World University ranking, and their average fee per year is CAD 16,000.
University of Calgary
The University of Calgary is a great budget college for MBA in Canada. They offer programs that would allow for the customization of student experience through specialization and internships.
This program accommodates professionals looking to earn a widely recognized credential in the private, public, and non-profit sector career paths.
They have a QS ranking of 201-250 and their average fee per year is CAD 26,000. Some of the programs they offer include;
- Full-time MBA
- Executive MBA
Asper School of Business, University of Manitoba
Asper School of Business was founded in the year 1968 and in 1999 it was accredited by AACSB. They deliver an MBA program that fulfills the market demands of the Modern industry.
The Asper School of Business currently ranks #111-120 on the QS university ranking and their average fee per year is CAD48,000.
University of New Burnstick
The New Burnstick University offers an MBA program aimed at developing innovative and entrepreneurial leaders. There are a good number of networking opportunities and business consultations open to you once you complete your program with them.
Depending on what you want, you may choose to do a full-time program or part-time. This university is currently ranking at 711-720 on the QS World University ranking. The offer
- MBA Juris Doctor
- MBA Sport and Recreation Management
Why study MBA In Canada?
Let’s quickly look at the reasons why studying MBA in Canada is the right choice;
- For starters, the quality of education is top-notch.
- You will get proper practical and theoretical expertise
- there is a high chance of you staying back upon completion of your degree
- Canada has proven to be one of the most cost-effective places you can study MBA Abroad
- Most MBA colleges in Canada offer dormitories to international students at affordable fees
- Finally, if you do their immigration process correctly, there is a high chance of getting permanent residence in Canada as a student.
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Top MBA Colleges in Canada 2024; Which ones are best for you?
We have looked at the most affordable MBA colleges in Canada, but this article won’t be complete if you don’t cover the top ones in Canada.
If you’ve got the extra money and would like to spend a little more in your pursuit of an MBA, then here is a list of the best and more pricey colleges for an MBA;
| MBA COLLEGE | DESCRIPTION | MBA RANKING (BY QS) | TUITION FEES (PER YEAR) | COURSE DURATION |
| Toronto (Rotman School of Management) | This is a business school at Toronto University. They provide executive MBA and Full-time MBA programs to students | They are ranked Number one (1) by QS | CAD 67,532 | 20 Months |
| York (Schulich School of Business) | This school of business is located at the business hub of Canada in Toronto. They offer a wide range of management programs in finance and marketing for international students | They are ranked Number six (6) | CAD 112,250 | 12 Months |
| Western (Ivey Business School) | It is one of the top MBA colleges in Canada for international students. This business school is defined by its outstanding education in management programs | They are ranked Number three (3) | CAD 126,600 | 12 Months |
| Alberta School of Business | This school of business is known for its undergraduate and postgraduate programs. They offer core MBA courses with an internship program for international students. | They are ranked Number seven (7) | CAD 65,000 | 20 Months |
| DeGroote School of Business | One of the leading colleges for both undergraduate and postgraduate programs. They offer full-time MBA and online MBA programs to international students. | They are ranked Number ten (10) | CAD 67,014 | 20 Months |
Eligibility Criteria to Study MBA in Canada
It is important to know that the criteria for admission may vary depending on the college you are aspiring to or the course you are looking to cover. With that being said, let’s look at some general eligibility criteria for study MBA in Canada;
- You must complete your bachelor’s degree from a reputable university. Your minimum GPA however will depend on the College you are aspiring to.
- You must have a valid score on the GMAT or GRE
- Your English language proficiency test score is necessary, you must submit that
- You are to have relevant experience as per the requirements.
