MBA in Canada for Indian Students: Eligibility, Top Colleges, Admission, Fees, Job Opportunities, Expenditure, Salary

Studying MBA in Canada for Indian Students is a spectacular opportunity for all MBA aspirers. Master of Business Administration (MBA) provides a graduate degree in courses such as business administration, accounting, investment management, market analysis, and strategic management. In Canada, you not only get 13 internationally recognised institutions offering you the degree but also several post-graduation career opportunities providing a handsome salary and job security.

This aims to prepare you for the challenges and risk factors in real-world business and makes stepping into the domain of entrepreneurialism a whole lot easier. An MBA degree in Canada ranks among the top 10 subjects offering the highest salaries. This blog guides you through the technical and overall details of pursuing an MBA from Canada.

• Why Should You Opt For MBA in Canada for Indian students?
• MBA in Canada for Indian Students Eligibility
• How to Apply for an MBA in Canada?
• Best MBA Colleges in Canada for Indian Students With Fees
• What are the MBA Colleges in Canada without GMAT?
• Financial Expenditure of Indian Students Applying for MBA in Canada
• FAQs on MBA in Canada for Indian Students without GMAT

Why Should You Opt For MBA in Canada for Indian students?

Firstly, 13 of the 47 universities that offer MBA in Canada have made it to the list of top 200 internationally accredited universities. So, ranking is the first deciding factor for all MBA aspirants. Secondly, the visa obtaining process is very simple.

The complications involved in immigration could prove to be a setback for many. But, Canada offers immigration-friendly services and policies which ensure a growth spurt in the employment rate for an MBA grad in Canada.

Therefore, here are some of the options that you should consider when you are looking for an MBA degree abroad:

• Immigration-friendly policies and simple visa obtaining procedure – Undeniably, many abroad countries do have a complex visa process. Moreover, immigration can go on for way longer than expected. But, in Canada, the visa obtaining process takes place at a faster pace and the immigration policies are friendly to all foreigners. This is an added advantage for all the aspirants of MBA from India.
• Cost-friendly degree for MBA aspirants– The cost of MBA in Canada for international students is very cost-effective. They provide the students with affordable options to complete their MBA without having to borrow a huge loan. This is also helpful for international students who have to stay away from their home country and support their expenses.
• Ample Career Opportunities – MBA in Canada for Indian students is an amazing profile for students aspiring to work in the financial services sector. Canadian universities readily provide lucrative career opportunities to Indian students who wish to settle in Canada for work. Students are encouraged to indulge in both theoretical and practical knowledge of their grad degree courses.

Your door to entrepreneurship is wide open with your MBA degree from Canada.

MBA in Canada for Indian Students Eligibility

Here are the requirements that you have to fulfill before you start filling out the application forms for MBA in top colleges in Canada for Indian students.

1. GMAT score – You need to sit for the GMAT exam. Different colleges have different cutoffs when it comes to GMAT scores. Make sure that you score high (above 550) in the GMAT exam in order to get admitted to the premium Canadian colleges for the MBA degree.
2. A Graduate degree – In order to apply for an MBA in Canadian colleges, you need to first get a graduation degree from a government recognized universities
3. Fluency in Spoken and Written English – The national language of Canada is English. Therefore, you need to get a good IELTS or TOEFL score to test your proficiency in English. This is to make sure whether you can grasp the teaching and the lectures delivered in these colleges.
4. Work Experience – It is not compulsory for MBA aspirants to have work experience. But, preference is given to students who have some sort of work experience in the industry. This helps the students understand the lectures and the teaching from a more practical perspective.

Also See:

• MBA in USA for Indian Students

How to Apply for an MBA in Canada?

There is a proper application procedure that you need to follow for getting into an MBA college in Canada. The process takes a time period of 15-18 months. Follow this step by step guide to successfully enrol in your preferred MBA program:

• Visit the official university website.
• Collect all the documents of your graduate program.
• Collect your GMAT and TOEFL/IELTS score.
• Keep ready your financial docs and bank account details.
• Get your SOP, Resume, CV, Cover Letter, and document on work experience.
• Documents required to get your Visa ready.

Joining an MBA program in Canada will give you exposure to the global network and you will have the opportunity to work in international conglomerates. Thus, MBA in Canada for Indian international students is a wonderful opportunity for the aspirants.

Best MBA Colleges in Canada for Indian Students With Fees

Check out the best MBA colleges in Canada below:

1. The Rotman School of Management – Fees: CAD 59,450.
2. York University in Schulich – Fees: CAD 52,040.
3. University of Alberta – Fees: CAD 1,11,750
4. Stephen J.R. Smith School of Business at Queen’s University – Fees: CAD 95,000.
5. HEC Montreal –  Fees: CAD 49,000.
6. UBC Sauder – Fees: CAD 60,045.

What are the MBA Colleges in Canada without GMAT?

There are a handful of universities that accept international students with fewer GMAT scores. However, the candidate’s profile needs to be exclusive with great academics and a well-written Statement of Purpose.

Here are the ones that you can hope to apply to if you have low GMAT scores.

1. Ivey Business School – Western University Canada
2. HEC Montreal
3. Schulich School of Business- York University
4. Rotman School of Management

Financial Expenditure of Indian Students Applying for MBA in Canada

Indian students living abroad have great expenses to carry out in Canada. The cost can range from CAD 6000 to CAD 16,800. The cost can go up to CAD 20,000 if you decide to live outside of the campus. Considering the other expenditures, the total expenses can amount to CAD 35,0000 – CAD 55,000 per annum.

FAQs on MBA in Canada for Indian Students without GMAT

1. Is GMAT necessary for MBA in Canada?

GMAT is a compulsory requirement in a number of premium MBA offering colleges in Canada. But, you can apply to other colleges which do not consider your GMAT score for admission.

2. What are the top MBA colleges in Canada for Indian students?

Some of the top MBA colleges are Ivey Business School – Western University Canada, HEC Montreal, Schulich School of Business- York University, and Rotman School of Management.

3. Does India accept and acknowledge an MBA degree in Canada?

Yes, MBA in Canada is internationally recognized. What’s more, MBA in Canada makes your profile extraordinary and builds you for the real-life business challenges that might be present.

4. Does an MBA in Canada require work experience?

Work experience in the industry is not a necessity but some of the top universities require an experienced individual solely because it makes the discussions and the lectures a far more practical and hands-on experience for the aspirants.

Final Reviews

Passing the eligibility requirements for admission to top colleges of MBA in Canada for Indian Students is an achievement in itself. That means your profile is top-notch and you have put your hard work into your academic goals. You can apply for loans and financial aid if you cannot support MBA fees all by yourself.

The opportunities that this program provides to an aspirant are worth all the work and struggle. The salary of MBA students from premium institutes in Canada is also huge. So, even if the qualification requirements seem way hard, the fruits of this test are worth all your time and hard work. For more course or career-related articles do visit our main page @NewsOzzy.com