Get instant loan offer suitable to your profile !
On this Page:
Planning to pursue your MBA in Canada? Curious to know the cost of studying in Canada? Well, read this blog to know the in-depth details.
In this blog, we will understand why MBA in Canada is in demand and the cost of studying for an MBA in Canada with various other points.
Check Your Education Loan Eligibility
Canada, the country of maple Leaf is one of the top preferred destinations by International students to study MBA. Scenic places, beautiful valleys, world-renowned institutions, and good quality of life are a few of the reasons that attract International students. Let's look at facts and figures from various institutions ranking sites.
Read more about: MBA in Canada: Top Universities, Eligibility, Cost and Scholarships
These are the top reasons for students that makes Canada an ideal country to study MBA. Now that we know the reasons, it's time to look at the types of MBA with their study costs in Canada.
Struggling with Your Admissions?
Part-time MBA |
CAD 30,000 - 40,000 |
Full-Time MBA |
CAD 60,000 - 100,000 |
Executive MBA |
CAD 40,000 - 135,000 |
International MBA (IMBA) |
CAD 71,000 - 112,250 |
Dual-degree MBA |
CAD 230,201 - 476,970 |
Accelerated MBA |
CAD 79,000 - 84,000 |
Average cost of Part-time MBA: CAD 30,000 - 40,000
Average cost of Full-Time MBA: CAD 60,000 - 100,000
Average cost of Executive MBA: CAD 40,000 - 135,000
Average cost of International MBA: CAD 71,000 - 112,250
Also known as a Joint degree or Combined degree MBA, a dual degree allows students to combine a business degree with a different graduate program, for example, a Law degree or an MD. Some joint degree programs offered are:
Average cost of Dual-degree MBA: CAD 230,201 - 476,970
Average cost of Accelerated MBA: CAD 79,000 - 84,000
So, we are now clear on the various types of MBA offered in Canada. Our research doesn't stop here! Let's get deeper to know all the details.
The cost of studying for an MBA in Canada varies from university to university. In general, it will cost you around $50,000 to $1,50,000 (institution cost only). When compared to countries like US and UK, the cost of studying MBA in Canada is more affordable. Also, there are various scholarships available for Indian students that we will discuss in the coming stages.
The below table contains information about top universities along with the cost of studying and top programs.
Kellogg/York University: Schulich |
$112,250 |
Cornell University: Johnson/Queen's University: Smith |
$74526.11 |
University of Toronto: Rotman |
$133,740 |
Queen's University: Smith |
$104,100 |
Western University: Ivey |
$123,500 |
York University |
$133,700 |
HEC Montreal |
$59,000,38 until summer 2022 |
$86,000-$92,000 |
|
$40,824.64 |
A student living in Canada will have to bear expenses ranging from 19,000 to 22,000 CAD annually. The following is a breakdown of the same monthly:
Accommodation cost |
900-1200 |
Food |
400-500 |
Phone & Internet |
200-300 |
Entertainment |
60-200 |
Miscellaneous |
200-400 |
Read more about: Cost of living in Canada
It is estimated the pre-arrival cost would be around CAD 13184 to CAD 2000.
Let’s understand the breakdown:
one-way flight tickets |
1500 |
Visa fees |
150-200 |
University application fees |
150 (varies according to the university) |
Purchase of GIC (Guaranteed Investment Certificate) |
10,200 |
Health insurance |
600-900 |
The next part of the blog is a crucial segment as you will learn about the eligibility criteria
Read Also:
The following are the most common MBA entry requirements, although each institution will have its own.
Check Your Loan Eligibility for Study Canada
Often students search for scholarships to support their education expenses. Below are some of the scholarships that will help you out:
These are a few scholarships that might help you to fund your tuition fees. Read more about: Scholarships for International Students in Canada
Check Your Education Loan Eligibility
Ask from a community of 10K+ peers, alumni and experts
Trending Blogs
Similar Blogs
Network with a community of curious students, just like you
Join our community to make connections, find answers and future roommates.. Join our CommunityCountry-Wise Loans
Best Lenders for Education Loan
ICICI Bank
Axis Bank
Union Bank
Prodigy
Auxilo
HDFC Credila
IDFC
InCred
MPower
Avanse
SBI
BOB