Management degree programs are well-known among students and working professionals as one of the most common courses. Furthermore, with so many specializations available, a growing number of candidates are preparing to seek an MBA abroad in order to gain international exposure to the business world. Canada, which is known for its internationally acclaimed business schools, offers a wide range of competitive MBA programs as well as low living costs. If you are planning to pursue this degree from an academic institution in the country, here is a blog that details the varied aspects of low cost MBA in Canada as well as different universities and schools offering this popular program.

Types of Low Cost MBA in Canada

The costs of MBA in Canada may vary with respect to the duration, nature, structure and popularity of your chosen course. Further, the location and the language of instruction, since a few states are French-speaking, also impact the fees implemented. Amongst the list of courses for low cost MBA in Canada, here are the different degrees you can pursue:

• Full Time
• Part-Time MBA
• Accelerated MBA
• Executive MBA
• Professional MBA
• Dual Degree MBA

Low Cost MBA in Canada 2022

Here are the top Low cost MBA colleges in Canada 2022:

Most Affordable MBA Programs in Canada

The universities offering low-cost MBA in Canada are spread out throughout the length and breadth of the country. Given below is a table that has elaborate few popular courses and universities that have managed to gain popularity in the past few decades for their career-focused courses as well as experienced faculty. Here are the most affordable MBA programs in Canada 2022: 

Low Cost MBA in Canada (Online)

Here are the top affordable online MBA in Canada 2022:

Note: Many of the above are offered as a 1 Year MBA in Canada and include a period of internship and training. In addition to that, you can also choose to pursue a MIM in Canada.

How much does MBA in Canada cost?

In particular, the economical cost of studying in Canada is a major factor that attracts foreign students. Moreover, the country houses some of the best educational institutions in the world, for instance, Rotman School of Management, University of Toronto, amongst others. The duration of MBA in Canada can usually range from 1 year – 20 months or 2 years. Further, the cost of an MBA in Canada will mainly depend upon the program as well as the university. There are numerous universities which offer low cost MBA in Canada, almost with a fraction of tuition fees, as that of the leading institutions. For a low cost MBA, you can expect to pay around roughly 33,200 CAD to 101,500 CAD (17,45,500-53,37,000 INR approx.) for tuition fees. Moreover, Canada also offers numerous part-time programs that allow students to find work opportunities in the country while studying.

Eligibility for Low-Cost MBA in Canada

Now, let’s understand the criteria of eligibility for MBA in Canada. Due to the multifarious MBA programs on offer, the eligibility conditions vary more than slightly in terms of experience required and prior qualifications amongst other prerequisites. However, these conditions are still lesser when compared to the top brass institutions and often have further relaxations in the shape of pre-master courses and preparatory classes etc. Take a look at some of the basic eligibility criteria you must know about while exploring low cost MBA in Canada:

• A bachelor’s degree or it’s equivalent in any related specialisation or subject of your chosen MBA in Canada
• Relevant work experience in your field of study (preferable)
• Good GMAT scores, usually above-average and high scores get successfully shortlisted.
• Language proficiency scores of TOEFL, IELTS or PTE.

Note: These eligibility prerequisites are only for indicative purposes and actual requirements might differ as per the course offerings and university.

You can pursue MBA in Canada without submitting GMAT scores by applying for universities and colleges that do not require GMAT. Check out these MBA colleges with our exclusive guide on MBA in Canada without GMAT!

FAQs

Needless to say, to gain entry into universities abroad offering such sought-after programs is a daunting task and a bit of experienced guidance goes a long way. The experts at Leverage Edu are well-equipped to assist you throughout this process so that you can build a rewarding career in your chosen field of interest.