Top Business Colleges and their courses in Canada – Everything you should know!


business colleges

Students from around the world are flocking to Canada because of its reputation as a top study destination. Business and entrepreneurship programmes can be studied in a variety of ways in this country. Business colleges in Canada provide a variety of degree options in addition to the MBA, including diplomas, continuing education certifications, and joint bachelor’s degrees. There are approximately 25 business colleges in Canada ranked for their MBA programmes.

With the United States and Great Britain, Canada has ranked as one of the top three countries in the world for its number of top-ranked business schools. The expense of an MBA in Canada, on the other hand, is lower than it is in the United States and the United Kingdom. In your first year at a Canadian business college, you’ll learn the fundamentals of running a firm, including topics like business law, communications, finance, and statistics. Students can then choose from a variety of specialisations that focus on different aspects of the business to further tailor their education.

Globally Ranked Business Colleges in Canada

College/University Global Ranking Business Programs Offered
University of Toronto #26 8 undergraduate degree; 1 graduate degree
McGill University #=27 4 Bachelor degree; 9 Master’s degree; 1 Executive Master’s degree;
3 Diploma courses; 2 Graduate certificate courses; 1 Certificate course
Western University #170 1 MBA course; 1 EMBA course; 1 Ph.D. course; 1 minor course;
1 Certificate and diploma course; + more combined degree programs
Queen’s University #=216 1 M.Sc course; 1 Ph.D. course
York University #=494 8 undergraduate program; 3 graduate program

Business Colleges in Canada: Specializations and Degrees

Students in business courses in Canada have a variety of options for specialising, which can help them find work and advance in their careers. According to a recent survey in the Canadian Business journal, a person who holds an MBA degree from a top Canadian university is 27 percent more likely to earn a promotion.

Because Canadian institutions offer a wide range of specialisations, it’s a good idea to know which ones are most popular among students right now.

  • Business communication
  • Business management
  • Business law
  • Marketing
  • Canadian business
  • Professional business communication
  • Business valuation
  • Strategic management in business
  • Business financial accounting
  • Human resource management in business

A student can get the following degrees:

  1. Undergraduate degree: BA/BBA
  2. Graduate degree with MA, M.Sc, MBA, MFA, and IMBA that may include B.C.L. and L.L.B.
  3. Doctorate degree as PhD

Business Colleges in Canada: Undergraduate Programs

A bachelor’s degree in business administration typically takes between two and four years to complete, depending on the chosen specialization.

Business Colleges in Canada: Eligibility for Bachelors 

The requirements for admission to various Canadian institutions vary, but in general, almost all universities demand that applicants pass specific tests before being admitted to Canada. Undergraduate business degree applicants in Canada must meet the following criteria:

  • Applicants for a bachelor’s degree from any of the aforementioned Canadian universities must meet the following criteria: IELTS (6.5)/TOEFL (84-95) and PTE (60-65).
  • A high school diploma or an equivalent from any recognised board is required for admission to the bachelor’s degree programme.
  • Colleges may have additional requirements aside from those already mentioned.
  • Applicants from outside the United States should be aware that each university’s eligibility requirements may differ slightly. The minimum criteria for admission to a BBA programme in Canada or other business bachelor’s degrees are the IELTS, TOEFL, and PTE.
Business Colleges in Canada: Fees & Funding for Bachelors 

Students in Canada’s undergraduate business programmes may have difficulty obtaining scholarships. Admission to the University of Toronto’s undergraduate business programme may be challenging for some students due to the lack of scholarships and the high cost of tuition.

If you want to earn a degree at a lower cost, you can take advantage of the scholarships offered by universities such as the University of British Columbia, York University, and University of Alberta to do so.

For a year-long course, the cost might range anywhere from CAD 27,000 to CAD 74,000.

Program  University  Duration  Yearly fees in CAD
Bachelor of Business Administration  University of Toronto 4 years 74,470.70
Bachelor of Commerce in International Business (Vancouver) The University of British Columbia 4 years Approximately 66,491.70
Bachelor of Business Administration York University 4 years 47,874.02
Bachelor of Business Administration / Bachelor of Computer Science University of Waterloo 4 years 57,182.86
Honours Bachelor of Business Administration (Finance) Sheridan College 2-4 years 27,546.56

Business Colleges in Canada: Postgraduate Programs

MBA programmes are typically two years in length. However, the Executive MBA programme lasts for a total of 13 months.

Popular masters in business degrees in Canada include:

  • Masters in Business Analytics in Canada
  • Masters in Business Management
  • Masters in International Business in Canada
Business Colleges in Canada: Eligibility for Masters

Admission to postgraduate business programmes in Canada is based on the following criteria:

  • There must be a good result on an English proficiency exam like the IELTS or TOEFL.
  • There are a few universities that require students to take mathematics up till 12th grade.
  • Universities and institutions in Canada likewise place a high value on GMAT scores.
  • MS students in Canada are required to submit a SOP.
  • Universities listed above typically require a TOEFL score of at least 90. MBA programmes consider a high GMAT score to be an asset. Furthermore, in order to enrol in an MBA programme in Canada, students must hold a four-year undergraduate degree or its equivalent.
  • As with undergraduate courses, students may need to meet additional admission requirements in order to be admitted to their preferred universities.
Business Colleges in Canada: Fees and Funding for Masters

As a result of the generous financial aid packages and specialised resources provided by many Canadian colleges, the number of overseas students studying in the country has grown to 5.9% annually.

Scholarship recipients can expect a reduction in tuition of 25% to 50%. There are colleges and institutions that offer housing as well. Because of this, a student must make a very careful choice while picking a college or university for their postgraduate business degree programme.

The cost of an MBA programme in Canada can range from $22,000 to $90,000, but it can be cut in half if students take advantage of scholarships available in the country.

Program  University  Duration  Yearly fees in CAD
Masters of Business Administration (specialization: Management) University of Toronto 2 years 83,399
Masters of Business Administration (specialization: Business Analytics) McGill University 2 years 60,792
Masters in Business Administration  The University of British Columbia 2 years 85,489
Masters in Business Administration  York University 2 years 72,190
Master of Business Administration University Canada West 2 years 22,037.25
Executive MBA Western university 12-13 months 90,808.66
MBA in Finance University of Alberta 2 years 39,515.06

Business Colleges in Canada: Doctoral Programs

Doctoral programmes are typically four years long. The following colleges offer Ph.D. degrees in business, and they’re popular among overseas students.

Business Colleges in Canada: Eligibility for PhD

An IELTS or TOEFL score of at least 7.0 is required for admission to PhD programmes. If you want to attend a Canadian university’s PhD programme in business, you’ll need fluency in a second language. Besides this, a candidate may be required to take an entrance exam at the university and submit a SOP for Canada.

Business Colleges in Canada: Fees & Funding for PhD

A student pursuing a doctorate in business studies must pay between $7,000 and $21,000 per year in tuition costs. Many institutions provide admission to students with a master’s degree in the same subject who are eligible for financial aid.

For international students, many colleges and universities that offer scholarships have a restricted number of spots available. As a result, students need to keep an eye on the university’s official website in order to apply in a timely manner.

Program  University  Duration  Yearly fees in CAD
Doctor of Business Administration Royal Roads University 4 years 21,478.64
Business Administration (Management), Ph.D. Saint Mary’s University Sobey School of Business 3 years 14,597.43
Ph.D. in business Administration McMaster University 4 years 7,003.37
Doctorate in Business Administration Athabasca University 4 years 13,395

Business Colleges in Canada: Scholarships Offered

Studying in Canada includes the cost of living in Canada, which can significantly increase the amount of money needed to maintain yourself in the nation. Scholarships for study in Canada are available to international students at all times. The following is a list of some of the most popular ones:

Scholarship Scholarship is given by Scholarship is given to Amount of the scholarship
Lester B. Pearson International Scholarships University of Toronto International students with academic excellence Tuition, books, incidental fees
Carleton University Awards for International Students Authority of the university All graduate students Varies
Dalhousie University Scholarship Authority of the university All graduate students Varies
University of British Columbia Scholarships for International Students University of British Columbia Undergraduate International students Tuition and books
BBA Entrance Scholarships @ HEC Montréal HEC Montréal. No separate application is required. US International students of BBA $7500
York University International Student Scholarship York University International students with academic excellence CAD$60,000-$100,000
Vanier Canada Graduate Scholarships Government of Canada Doctoral students CAD$50,000

As a result of these scholarship levels, a qualifying student will be able to continue his or her education thanks to both the university and the government of Canada.

Business Colleges in Canada: Jobs and Salaries

As one advances from a basic bachelor’s degree in business to a doctorate, not only does the number of job prospects increase, but so does the compensation package. the sector’s rise and other relevant statistics are depicted in a visual infographic:

At the listed positions, a business student can expect to earn the following salary:

Designation  Average Annual Salary in CAD
Account Coordinator 116,000
Assistant Manager 146,000
Business Development Manager 174,000
CEO 268,000
Chief Financial Officer 243,000
Corporate Director 186,000
Private Sector Executive 155,000

Businesses and allied industries are seeing rapid growth thanks to rising median earnings and annual wage increases of 12 percent. As a result, pursuing a business degree in Canada is an appealing prospect. Due to Canada’s moderate immigration regulations and welcoming citizens, a person with a business degree can easily relocate to the country.

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