Executive MBA in Canada: Fees, Top Colleges, Career

Executive MBA is a program designed for working professionals in senior executive or managerial posts. An EMBA program is offered by several world’s top business schools. Talking about top business schools in the world, it’s impossible not to mention Canada as the country which houses some of the best business schools. Not only is it recognized for its quality education, but also attracts a massive foreign student population. Most of the business schools and universities in Canada have partnered together to provide Executive MBA programs. Read the full blog to know more about how to pursue an Executive MBA in Canada for Indian and international students.

Course Name	Executive MBA
Country	Canada
Course Duration	1-year
Course Fees	INR 16.7 to 83.73 lakhs
Prerequisite	GMAT/GRE Score (not mandatory)Work Experience: 5-7 years
Estimated Pay Scale	Up to 1 crore per year

Know everything about the January Intake in Canada for MBA

Top Universities Offering Executive MBA in Canada

Below we have mentioned the list of top business schools and universities which offer Executive MBA in Canada for Indian & international students :

University	Business School	QS World University Rankings 2023
University of Toronto	Rotman School of Management	#=34
McGill University	Desautels Faculty of Management	#31
Queen’s University	Smith School of Business	#=246
University of Western Ontario	Richard Ivey Business School	–
University of Ottawa	Telfer School of Management	#=237
York University	Schulich School of Business	#456
University of British Columbia	Sauder School of Business	#47
University of Alberta	Alberta School of Business	#110
Concordia University	John Molson School of Business	#551-560
McMaster University	DeGroote Business School	#152
University of Calgary	Haskayne School of Business	#242
Saint Mary’s University	Sobey School of Business	–
University of Carleton	Sprott School of Business	–
Simon Fraser University	Beedie School of Business	#=328

Explore Best Colleges for Executive MBA in the World 

Rotman School of Management- UToronto

The Rotman School of Management’s Executive MBA program is a 13-month program that can help you grow as a leader. Through this program, you will get fresh insights into the fast-paced corporate world and will be able to apply them to your job.

Deadlines	March & June
Work Experience	8+ (overall), 3+ (senior or mid-senior roles)
Class Profile Average	15 years (overall), 9 years (management)
Exams Accepted	University entrance exam or equivalent GMAT/GRE scores
English Language Proficiency	TOEFL– 93IELTS– 7.0
Other Requirements	Current full-time employment

Desautels Faculty of Management- McGill University

McGill’s EMBA program is a 15-month program offered in collaboration with HEC Montreal. It is a multilingual course that provides students with issue-driven learning and experiences.

Work Experience	10 years (overall), 5 years (management)
Class Profile Average	17 years (overall), 12 years (management)
English Language Proficiency	IELTS Score: 6.5 or above TOEFL Score: 93
Mandatory Documents	2 Letters of Recommendation, employer support letter, response to 5 question essay
Interview	Required

Smith School of Business: Queen’s University

The Queen’s-Cornell cooperation has resulted in the Executive MBA at Smith School of Business. The program is 17 months long and provides professionals with innovative remote learning opportunities.

Deadlines	August
Work Experience	8 -10 years
Class Profile Average	13 (overall), 8 (management)
Mandatory Documents	2 Letters of Recommendations, 3 application questions
Interview	Required

Schulich Business School- York University

The Executive MBA at Schulich Business School is offered in collaboration with Kellogg School of Management and is ranked #1 in Canada by the Economist. With over 40 specialized optional courses to choose from, the Kellogg-Schulich EMBA allows practitioners to customize their degrees.

Deadlines	December
Work Experience	8-10 years
Class Profile Average	13 years (overall)
English Language Proficiency	IELTS- 7.0, TOEFL- 100
Exams Accepted	GMAT/GRE (may be asked)
Mandatory Documents	2 LORs, essay questions
Interview (If Applicable)	Required

Richard Ivey Business School- University of Western Ontario

The Richard Ivey Business School offers a 15-month Executive MBA program for experienced career executives. It offers you challenging and transformational experiences that will help you advance in your profession.

Deadlines	November
Work Experience	8 years (overall)
English Language Proficiency	TOEFL- 100
Exams Accepted	GMAT score may be required
Mandatory Documents	2 Letters of Recommendations

Best Universities for Executive MBA in Canada Without GMAT

Two of Canada’s top ten business institutions offer MBA programs without requiring GMAT results. The remainder is significantly lower on the list, although they are still popular among international students. The following are some of the universities/business schools in Canada that offer MBA without GMAT:

• Schulich Business School
• DeGroote Business School
• Thompson Rivers University
• New York Institute of Technology (NYIT)
• Lakehead University
• Wilfrid Laurier University

Why Study Executive MBA in Canada?

Some of Canada’s most prestigious institutions have partnered with some of the largest and most prestigious universities to offer combined Executive MBA programs in Canada. Professionals can broaden their horizons and study on a worldwide scale as a result of this. The course’s strength is the balance of work and learning. Below, we have listed some more reasons why you must consider Canada to pursue an Executive MBA. Some of the well-known advantages of pursuing an Executive MBA in Canada for Indian & international students are:

• The procedure for admission and obtaining a visa is easy.
• Canada’s educational institutes/colleges provide internationally recognized degrees.
• Business programmes offered by Canadian schools help EMBA professionals advance in their jobs, boosting their earning potential.
• Internship programmes allow students to get professional experience.
• Because the EMBA degree instils real-world knowledge, professionals get exposure to a variety of business intricacies.

Know all about MBA for Working Professionals: Online, 1-Year Executive

Admission Requirement for Executive MBA in Canada

For professionals seeking admission in Executive MBA in Canada, the following are the employment and educational requirements you will need to meet. 

• An undergraduate degree or postgraduate degree with 80% – 90% marks in aggregate or CGPA of 3.0 out of 4.0. 
• English proficiency test scores: IELTS, TOEFL or Duolingo
• Scores of GMAT and GRE. 
• Official academic transcripts
• Previous full-time work experience: Universities will ask for around 5 – 7 years of work experience. 
• Statement of Purpose, Letters of Recommendation (usually two), and MBA Essays. 
• Interview: Universities take 30 – 50 minutes long interviews that help them in evaluating the applications and let them decide how suitable they are. 
• Letter of Sponsorship

English Language Requirements

Because the scorecard for these tests is valid for two years, students should familiarise themselves with the university calendar and apply for admission carefully.

Test	Average Score Required
IELTS	6.0 – 6.5
TOEFL	80 – 90
Duolingo	115

Work Experience Requirements 

Let’s have a look at the minimal work experience required criteria for some of Canada’s most well-known top-ranked colleges that offer Executive MBA programs in Canada:

University	Work Experience Required
University of British Columbia	5-years
University of Alberta	8-15 years
Concordia University	5-years
McMaster University	7+ years
University of Calgary	10+ years
Saint Mary’s University	5 years
University of Carleton	5 years
Simon Fraser University	10 years (overall), 4-years (management)
University of Ottawa	5 years

Cost of Studying Executive MBA in Canada

The average cost of studying for an Executive MBA in Canada at one of Canada’s leading institutions ranges from CAD 29,000 to CAD 145,000. This might range from INR 16 to INR 83 lakhs for a student Check out the cost of studying at the top universities for an Executive MBA in Canada for Indian & international students :

University	Average Estimated Fees in INR
University of Toronto	70.16 lakhs
McGill University	55.3 lakhs
Queen’s University	89.16 lakhs
University of Western Ontario	69.8 lakhs
University of Ottawa	43.1 lakhs
York University	77.3 lakhs
University of British Columbia	50.6 lakhs
University of Alberta	44.7 lakhs
Concordia University	45.5 lakhs
McMaster University	55.9 lakhs
University of Calgary	17.6 lakhs
Saint Mary’s University	35.2 lakhs
Simon Fraser University	35.4 lakhs

Note: The above-mentioned course fees might vary! Get in touch with our Leverage Edu experts on 1800572000 to know more about the cost of studying Executive MBA in Canada. 

Cost of Living in Canada

Apart from the cost of studying, given below is a breakdown of the different expenses which are important to consider while calculating the cost of studying and living in Canada for Indian & international students :

Living Cost in Canada	Cost
Flight Expense	INR 1,00,000 – 2,00, 000/- per flight
Study Permit Fees	CAD150 (INR 11,123)
Work Permit Fees	CAD155 (INR 11,493)
IELTS test Fees	INR 14,700
Accommodation	CAD 5,000 – CAD 10,000(INR 2,67,000-INR 5,39,000) per annum
Travel Costs	CAD 80 – CAD 110 (INR 4,300-INR 6,000) per month
Health Insurance	CAD 300-CAD 800 (INR 17,000-INR 44,000)
Food	CAD 300- CAD 400 [17,508 INR-23,344] (monthly)
Entertainment	CAD 750 [43,770 INR] (monthly)

Get your personalized Cost of Living in Canada using our revolutionary tool: Cost of Living Calculator

Scope After Executive MBA in Canada

The market is highly competitive in economic terms, where many businesses see the light of day regularly while others are left in the dust. Executive MBA programs in Canada help you hone your concentration and desire to achieve your maximum potential. Employment and career opportunities after an MBA and jobs after an Executive MBA in Canada differ not in the sort of business or industry in which you work, but in the type of role, you are offered. You may earn up to 237,000 CAD [INR 1.4 Cr] per year if you have prior experience in Canada and additional training from your EMBA from Canada. 

Job Roles	Average Annual Salary (CAD)	Average Annual Salary (INR)
Director of Operations	119,385	72.6 lakhs
Executive Director	99,144	60.29 lakhs
Finance Director	118,279	71.93 lakhs
Operations Manager	104,948	63.82 lakhs
Marketing Manager	93,970	57.14 lakhs
Business Development Director	118,159	71.85 lakhs
HR Director	120,021	72.98 lakhs

UK vs Canada: Where to Study in 2021?

Canada Study Visa

To obtain a Canada Study visa for Indians, one needs to apply to the Citizen and Immigration (CIC) which is the main concerned authority for obtaining student permits for international students. There are two ways to apply for Student Permit in Canada or a Canadian study visa:

• Regular Study Permit Application Procedure: On the other hand, the regular study permit application procedure is a traditional method in which you can either apply online or on paper. The eligibility criteria are similar to the student direct stream, however, it can take a little longer for the screening of applications. The application fee for Student Visa in Canada is CAD 150 [Rs 8,000 approximately].
• Student Direct Stream: For Indian students, the best way is to apply through the student direct stream in which you must register online at the official website of the CIC, submit biometrics (fingerprints and photo), and then wait for at least 20 days for the verification and result.

Documents Required for Visa

• Letter of Acceptance
• Valid Passport
• Transcripts/ Marksheets
• School Leaving Certificate
• Evidence of GIC Purchase
• Scholarship/Funding Details [If Applicable]
• Proof of your English or French Proficiency Test
• Student Questionnaire
• Medical Test for Canada Student Visa
• Family Information Form
• IT Records of your parents [Last 2 years]
• Use Representative Form (IMM 5476)

FAQs

Canada being one of the most welcoming studies abroad destinations is certainly one of the top choices for professionals as well as indian & international students to pursue their Executive MBA in Canada. To ensure you get selected in one of the top universities in Canada, it’s highly imperative to have your application stand out. Call our Leverage Edu experts today on 1800572000 and take the first step towards fulfilling your dream of studying in Canada.