Low Cost MBA in Canada

Management degree programs are notorious for being one of the most popular courses amongst students as well as working professionals. Moreover, with a plethora of specialisations on offer, an increasing crowd of candidates are planning to pursue an MBA abroad to attain an international level exposure into the business industry. Renowned for its globally acclaimed business schools, Canada offers a multitude of affordable MBA courses as well as low costs of living. 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.

Low Cost MBA in Canada 2021

Here are the top Low cost MBA colleges in Canada 2021:

University	Program Fees 2021
Memorial University of Newfoundland	CA$9,700 (5,22,600 INR approx.)
University of Northern British Columbia	CA$3,604 (1,90,000 INR approx.)
University of Manitoba	CA$27,919 (16,14,000 INR approx.)
University of Saskatchewan	CA$4,992 (2,63,000 INR approx.)
Saint Mary’s University	CA$28,655 (15,07,200 INR approx.)
University of Ottawa	CA$18,699 (9,84,00 INR approx.)
University of Waterloo	CA$18,774 (9,87,000 INR approx.)
John Molson School of Business, Concordia University	CA$37,500 (INR 20,27,120 approx.) **all-inclusive
HEC Montreal	CA$45,000 (24,32,600 INR approx.)
Carleton University: Sprott School of Business	CA$55,000 (29,73,100 INR approx.)
Ted Rogers School of Management, Ryerson University	CA$35,818 (19,36,190 INR approx.)
University of New Brunswick	Year 1: CA$12,410 (6,70,900 INR approx.) Year 2: CA$9,930 (5,36,700 INR approx.)
University of Prince Edward Island	CA$30,000 (16,21,780 INR approx.)
Wilfrid Laurier University	CA$36,240 (19,59,200 INR approx.)

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 2021: 

University	Low Cost MBA in Canada
Memorial University of Newfoundland	International Student Full-time MBA
University of Northern British Columbia	MSc in Business Administration (2 Years)
University of Manitoba	Asper MBA (2 years)
University of Saskatchewan	MSc in Finance (2 Years)
Saint Mary’s University	MBA (12 Months)
University of Ottawa	MBA (1-1.5 Years)
University of Waterloo	Master of Management Science (MMSc) (1 Year)
John Molson School of Business, Concordia University	Executive MBA (36 months)
HEC Montreal	Part-time MBA (French) 24 months
Carleton University: Sprott School of Business	Professional MBA (16 months)
Ted Rogers School of Management, Ryerson University	MBA (Management of Technology & Innovation)
University of New Brunswick	Full-Time MBA
University of Prince Edward Island	MBA in Global Leadership (full time 12 months)
Wilfrid Laurier University	MBA-Master of Public Policy

Most Affordable MBA Colleges in Canada

Here are the most affordable budget MBA colleges in Canada:

• Memorial University of Newfoundland
• University of Northern British Columbia
• University of Manitoba
• University of Saskatchewan
• Saint Mary’s University
• University of Ottawa
• University of Waterloo
• John Molson School of Business, Concordia University
• HEC Montreal
• Carleton University: Sprott School of Business
• Ted Rogers School of Management, Ryerson University
• University of New Brunswick
• University of Prince Edward Island
• Wilfrid Laurier University
• Laval University
• University of Calgary
• Simon Fraser University
• Mcmaster University
• University of Montreal
• University of Victoria
• University of Sherbrooke
• Vancouver Island University
• Southern Alberta Institute of Technology

Low Cost Online MBA in Canada

Here are the top affordable online MBA in Canada 2021:

University	Online MBA in Canada	Fees
University Canada West	Online MBA – 2 years	CA$35,100 [20,29,000 INR approx.]
University of Alberta	Part-time MBA & Executive MBA	CA$31,600-CA$73,700 [18,27,000 INR-42,61,000 INR]
Queen’s University	Executive MBA	CA$106,000 [61,29,000 INR]
Dalhousie University	Online Blended MBA	CA$47,600 [27,52,000 INR]
McMaster University	Online Blended MBA	CA$19,164 [11,08,000 INR]

Types of Low Cost MBA in Canada

The costs of MBA courses 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

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 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

Management degrees delve into innumerable subfields offering students the opportunities to combine both core disciplinary knowledge with industry training and business acumen. We hope that this blog helped you understand the key facets of pursuing low cost MBA in Canada. 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.