MBA (or Master of Business Administration) is a course that plays a crucial role in building a secure future of yours. This program is the door which can open lots of opportunities for you. That’s why you need to make the investment in it after thinking hundreds of times. With Canadian MBA programs aiming to develop the necessary skills required to successfully deal with real-world business challenges, pursuing an MBA from Canada can be a life-changer.
Why pursue MBA in Canada
There are more than a single reason to pursue your MBA from Canada. Few of them are:
Globally ranked institutions:
As per the QS MBA Rankings, nine universities from Canada are ranked in the top 150 global universities for MBA.
Promising course option:
Having a Canadian business degree is concerned among the top 10 subjects also you can get a good salary.
Flourishing financial sector:
Also the financial services sector is quite strong in Canada. As per the research it has grown approx. 11.6% in the past decade. This simply indicates that the MBA graduates are having higher employment opportunities in Canada as compared to India.
Post-study work opportunities:
Just because the Canadian government is encouraging various SMEs as well as teh startups to build the infrastructure of the country. That’s why the work opportunities are increasing in Canada.
Easy to settle: Just because of the friendly work policies, Canada is the first choice for lots of students. Not only this, they are offering the work permit so you can also plan to settle there.
Also read the Reasons to choose Canada for Study
Types of MBA in Canada
So, the Canadian universities and the colleges are offering many types of MBA degrees which suit the needs, interests and the requirements of the international students. Some of them are listed below:
Full-Time MBA: The duration of Full Time MBA in Canada is two years. It’s required to understand the diversity of the Canadian workforce and let the student successfully enter the job market as a leader.
Part-time MBA: As compared with full time it is relatively for a longer duration in contrast to a full-time MBA. The course is suitable for those who are planning to do studies along with doing some part time work.
International MBA (IMBA): In this, international students are exposed to global experiences via international field study, integrated curriculum, global courses, and many other modes. The duration of the program is usually 20-28 months.
Executive MBA: Executive MBA is designed for the students who are planning to work while doing their studies. This will help you to gain practical corporate knowledge along with a degree. Generally, the duration of the program is 13 months and results in personal and professional growth.
Eligibility criteria to pursue MBA in Canada
- While each institution will have their own set of entry criteria for MBA programs, here are the most common requirements:
- Having a bachelor degree from any recognised institute is mandatory. While most of the universities or colleges ask for the four year bachelor’s degree where some may also accept 3 year degrees.
- Institutions prefer students with a minimum of 12 months of work experience. And that work experience is needed to be in any related field.
- English language proficiency tests scores (such as IELTS), also a good GMAT score can land you in a top Canadian institution
Cost of studying MBA in Canada
To study MBA in Canada, the average tuition fee ranges between $30,000 – $40,000. Which is considered affordable compared to other study abroad countries. The completion of an MBA degree takes about two years.
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