• Study in Canada

Why Study MBA From Canada?

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By:CANAM Group
Updated On:Jul 27,2024 12:23 PM IST

The top-notch education along with the welcoming and vibrant environment makes Canada a popular choice for business enthusiasts.
MBA in Canada can help you build strong connections in the industry and thrive in the global business market.
The PGWP in Canada helps you stay back and explore lucrative career options after completing your MBA.
Following every step of the academic process carefully and adhering to the deadlines can help you secure your spot for an MBA in your desired university.

Why Study MBA From Canada.webp

Are you considering to study an MBA in Canada but feeling unsure about your decision? There's no need to worry! According to data by IRCC, over one million Canadian study permits were granted to international students globally in 2023. Among these students, India had the highest number of aspiring scholars, with over 400,000 choosing to study in Canada.

These numbers are evidence of Canada's trending popularity as a study destination for international students. Beyond the numbers, however, lies a narrative that makes Canada an attractive destination for business and management studies. The write-up below delves into the compelling reasons to choose an MBA in Canada.

But before that, let's get a brief overview of MBA in Canada.

MBA in Canada

An MBA or Master's in Business Administration is one of the most sought-after courses that open the doors to lucrative opportunities and successful career paths. MBA in Canada is globally regarded and comparatively less expensive than in other study-abroad destinations. It offers quality education and comprehensive support to Indian students with hands-on learning experience and practical learning. The table below caters you to the brief overview and highlights of MBA in Canada.

Specifications	Details
Types of MBA	Full-time, Part-time and Executive MBA
Program Duration	1-2 years (full-time)
Approximate Cost	CAD 30,000- CAD 90,000
Major Specializations	General Management, International Business, Finance, Entrepreneurship, Supply Chain, and Economics
Exams Required	GRE/GMAT (optional), IELTS, TOEFL
Eligibility	Bachelor's degree + Aggregate score of more than 70% + GMAT/GRE (optional) score(university-specific) + English Proficiency Score + 2-5 years of work experience.
Financial Aid Offered	Scholarships, Awards, and Bursaries

Now that you have an overview of a Canadian MBA, let's learn about a few persuasive reasons why you should ditch other study destinations and pursue an MBA in Canada.

Reasons to Study MBA in Canada

With its breathtaking scenic beauty, highly ranked courses and institutions, and a diverse range of job opportunities, Canada is the perfect destination for MBA aspirants. Here, you will gain access to a plethora of advantages that will help you achieve your career goals and make the most of your academic journey. Let's explore the perks of getting an MBA in Canada before making an informed decision for your future.

reasons to study MBA in canada.webp

Quality of Education

Colleges and Universities in Canada offer a quality learning experience to international students through an updated module, teach skills required for the jobs, and prepare them to compete in the market. Also, top business schools in Canada offer excellent infrastructure, exposure, and scholarships to support students' education and living costs. Major components that contribute to the explicit education quality are -

Globally Renowned Institutions - Canada is home to some of the world's best business schools. These institutions offer top-notch MBA programs focusing on practical skills and real-world applications, ensuring graduates are well-prepared for the competitive global job market.
Diverse and Inclusive Environment - As an international MBA student in Canada, you'll be welcomed into a multicultural community that encourages cross-cultural learning and networking. This will help you gain an enriching educational experience. But is your pocket happy with your decision to study in Canada? The following details might give a little boost to your decision.

Affordability

Studying MBA in Canada is considered more economical than studying in the UK, Australia, or the USA. The tuition fees and the expense of living are lower in Canada than in other study-abroad destinations. The factors that make Canada an affordable country are -

Cost-effective Tuition Fees - Canada is an attractive study location for international students who seek high-quality education while keeping the costs under control. The average tuition fee for an MBA ranges between CAD 30,000 and CAD 60,000. In addition, the cost of living in Canada is also manageable, with an average monthly expense ranging from $1,500 to $2,200.
Work While Studying - Canadian student visas permit you to work part-time while studying. This opportunity not only assists you with your living expenses but also provides valuable work experience. Several students find internships or co-op placements relevant to their field of study, which improves their employability after graduation.

Now, let's take an in-depth look at Canadian culture, the environment, and all the experiences one can encounter in its stunning landscapes.

Beauty & Landscape

Canada has a very peaceful environment and political stability. Also, the crime rate is low in Canada, making it safe for students to live and study peacefully. You can find multiculturalism not just in people, but one can find it in everything like food and art. It caters you to: -

Work-life Balance – The country offers a unique blend of top-notch education and a vibrant and healthy lifestyle to international students. It provides them opportunities to take a break and discover the hidden adventure in the Canadian environment.
Safe and Welcoming Country- Canada is consistently ranked one of the safest countries for international students. Canadians are friendly and celebrate diversity, so you'll feel welcomed and secure.

Networking & Alumni Connections

MBA in Canada exposes you to a worldwide network system as an international student pursuing a Business Administration degree. You can share your knowledge and experience with colleagues from all across the world. Moreover, while studying MBA in Canada, you can have the: -

Strong Alumni Networks - Canadian business schools maintain active alumni networks that provide mentorship, job referrals, and networking opportunities.
Access to Industry Leaders - While pursuing an MBA in Canada, students can establish connections with professors and industry experts, providing opportunities for future collaborations.

Now, let's find out what Canada repays to international learners after the completion of their academic degree.

Post-study Opportunities

If you are enrolled in full-time studies for at least six months, many international students in Canada are permitted to work up to 20 hours per week. Former students can apply for a post-graduate employment visa after graduation and stand tall in the competitive Canadian job market.

Work Permits - Canada provides outstanding post-graduation work permits (PGWPs) that enable international graduates to work in the country once they complete their MBA. The duration of the PGWP can extend up to three years.
Thriving Job Market - An MBA degree in the country signifies your advanced knowledge and skills that help you become a competitive candidate in the job market. It helps you land high-paying and lucrative career opportunities.

Now that you have decided to advance your higher studies in Canada learn how to go about it.

Application Process to Study MBA in Canada

As an international student, you might be daunted by the application process and the endless requirements you need to meet, but now no need to worry! we've got just the right process for you to follow when applying to study in Canada. Follow the below steps to avoid unnecessary hassle and have a stress-free application.

Research and Shortlist Universities	Research properly about the universities offering MBA programs, tuition fees, rankings, and more. Select the institution aligning with your aspirations.
Prepare for Standardized Tests	Most Canadian MBA programs require either the GMAT or GRE. Prepare thoroughly for the chosen test to achieve a competitive score.
Gather Required Documents	Collect all the required documents, such as SOPs, LORs, and academic transcripts. Avoid mistakes and last-minute stress.
Application Forms and Interviews	Please complete the application forms on time from official university sites and prepare for the entrance tests, interviews, and any other formalities.
Acceptance Letter	Wait for the acceptance letter from the desired Canadian university. Be patient.
Student Visa Application	After the seat is confirmed, apply for a student visa and complete all the formalities. Then, fly to Canada and pursue your dream academic career.

Note - Students need to strictly adhere to the deadlines for document submission and other formalities for a hassle-free application process to study abroad.

Conclusion

Canada is a great option for international students who are seeking a high-quality education at a reasonable cost. There are numerous reasons why it has become a popular study-abroad destination worldwide, including the affordable cost of living in Canada that attracts students from all over the world.

If you want to learn more about pursuing an MBA in Canada, such as the universities, entrance criteria, scholarship process, and so on, you can reach out to the study abroad consultants at Canam for guidance and assistance throughout the study abroad process.

FAQ

Is it worth going to Canada for an MBA?

Canada has some top-ranked universities, and the MBA degrees gained from these institutions are valued worldwide.

Are Canadian MBA fees more affordable than in other countries?

An MBA in Canada is one of the more affordable options for Indian students abroad. However, the cost depends on your chosen college and specialization.

Is it possible to work in Canada after completing the MBA?

Yes, you can work in Canada after completing your MBA. You can apply for a post-graduation work permit (PGWP) that allows you to work in Canada for up to three years after graduation.

Which MBA specializations offer the best career opportunities salary-wise?

Specializations such as Finance, Marketing, and Information Technology (IT) offer good career prospects and competitive salaries for MBA graduates in Canada.

Is a Canadian MBA valid in India?

Yes, a Canadian MBA is acceptable in India. A foreign MBA can easily help you get a lucrative job in India.

How much is the percentage required to study for an MBA in Canada?

A minimum aggregate score of 70% is required to study for an MBA in Canada.

What is the salary of an MBA in Canada in Indian rupees?

The average salary after an MBA in Canada is between CAD 64,000 and 66,000 (39-40 Lakh INR) annually. For freshers in Canada, the starting MBA salary is around 51,900 CAD (32.25 Lakh INR) per year.

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Why Study MBA From Canada?

Table of Contents

MBA in Canada

Reasons to Study MBA in Canada

Quality of Education

Affordability

Beauty & Landscape

Networking & Alumni Connections

Post-study Opportunities

Application Process to Study MBA in Canada

Conclusion

FAQ

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