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|
|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|
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.
|Work Experience||8 -10 years|
|Class Profile Average||13 (overall), 8 (management)|
|Mandatory Documents||2 Letters of Recommendations, 3 application questions|
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.
|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.
|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.
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|
|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)
An EMBA comes at a significant personal and financial cost. It entails balancing full-time employment with a demanding academic program and, for many, family obligations. Simply put, it means making many big sacrifices. It calls for single-minded determination and tough survival skills.
Any candidate who has earned a bachelor’s degree from a recognized university with a minimum of 50% aggregate or equivalent. Many institutions do not have a minimum cut-off score for Executive MBA admissions. The candidate must have at least two years of management or executive experience.
The EMBA (Executive Master of Business Administration) is frequently misunderstood as a superior version of MBA education. In reality, both curricula have equal cachet and importance when it comes to graduation. Their goal and delivery format distinguish them, resulting in two completely different experiences.
Canadian pricing not only makes MBA programs more accessible but also provides a good return on investment. In 2020, the average MBA income in Canada will be just under $100,000, which is greater than comparable salaries in France, Australia, and the United Kingdom.
Another factor contributing to the high cost of an Executive MBA program is that it is frequently taught by a school’s best professors and includes dedicated career coaches and development staff. The high prices are also a reflection of the brand’s strength. Schools with well-known brands can get greater deals than others.
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.