Masters in Entrepreneurship in Canada is a highly popular category of masters courses in Canada for 1-2 years. There are numerous Entrepreneurship Master degree programs offered at top universities in Canada. Candidates need a bachelor’s degree in a relevant field to apply for Masters in Entrepreneurship in Canada. Masters in Entrepreneurship in Canada requires candidates to submit language proficiency test scores; IELTS or TOEFL. Postgraduate Diploma in Entrepreneurship in Canada guides students to use their creativity and strategic thinking for creating effective business plans. The average annual tuition fees of the top universities in Canada vary from 16,950 CAD - 65,000 CAD (INR 10,19,720- INR 39,10,431). Candidates get high salary packages after completing masters in entrepreneurship and innovation in Canada. The average annual salary of entrepreneurship graduates in Canada is 91,000 CAD (INR 54,88,853).
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Why Study Masters in Entrepreneurship in Canada?
Canadian Universities and schools provide numerous Masters courses in Entrepreneurship. Candidates must study Masters in Entrepreneurship in Canada due to the following reasons:
- Masters in Entrepreneurship in Canada is more focused on the innovative mindset and startup mentality.
- Students enrolled in a Master's Entrepreneurship course in Canada will develop better communication skills and also learn basic management and leadership skills.
- The top universities offer a wide range of job opportunities to the candidates.
- There are a lot of job openings for masters in entrepreneurship and innovation in Canada.
Top Universities for Masters in Entrepreneurship in Canada
Universities in Canada are famous across the world for their splendid programs and facilities. The top universities offering Masters in Entrepreneurship courses in Canada for Indian students are as follows:
| Name of University | Tuition Fees |
|---|---|
| Queen’s University | 52,976 CAD (INR 31,88,341) |
| McGill University | 57,600 CAD (INR 34,66,246) |
| University of British Columbia | 53,147 CAD (INR 31,96,829) |
| University of Alberta | 65,000 CAD (INR 39,10,431) |
| Wilfrid Laurier University | 49,738 CAD (INR 29,92,261) |
| University of New Brunswick | 16,950 CAD (INR 10,19,720) |
| York University | 56,114 CAD (INR 33,75,098) |
Note: 1 CAD = 60.15 INR (as dated 25/04/2023)
Admission Process for Masters in Entrepreneurship in Canada
Candidates interested in Master of Management Innovation & Entrepreneurship Canada must follow the admission process to apply to their preferred universities. The admission process for Masters in Innovation and Entrepreneurship Canada is listed below:
- Shortlist the universities as per preferences.
- Visit the official websites of universities to check the admission requirements.
- Check the eligibility criteria and course fees before applying.
- Upload all the documents required for the application process.
- Now, Submit the application form.
- Pay the required application fee.
- Once selected, candidates must apply for Canada student visas
Admission Deadline
Candidates must check the admission deadline to apply for Masters in Entrepreneurship and Innovation Canada. The admission deadline of the top universities for Masters in Entrepreneurship in Canada are as follows:
| Name of University | Application Deadline |
|---|---|
| Queen’s University | June 15, 2023 |
| McGill University | May 1, 2023 |
| University of British Columbia | March 14, 2023 (Closed) |
| University of Alberta | January 31, 2023 (Closed) |
| Wilfrid Laurier University | March 1, 2023 (Closed) |
| University of New Brunswick | March 1, 2023 (Closed) |
| York University | June 1, 2023 |
Eligibility Criteria for Masters in Entrepreneurship in Canada
Candidates must check the eligibility criteria to apply for Master of Technology Entrepreneurship and Innovation Canada. The eligibility criteria for Masters in Entrepreneurship in Canada are as per the following:
- 3 or 4 years of UG degree in the relevant field from an approved university.
- Bachelor degree with at least 60% marks is required.
- A minimum GPA of 3.0 out of 4.0 is required.
- GMAT score of 540 or above is required.
- GRE score of 170 or above is required.
- TOEFL score of 90 or above is required.
- IELTS score of 6.5 or above is required.
Admission Requirement
Candidates must be aware of admission requirements to get admission to their preferred universities. The table shows below highlights the English Proficiency Test Score requirements for applying in Masters in Social Entrepreneurship Canada:
| English Language Proficiency Test | Minimum Scores |
|---|---|
| IELTS | 6.5-7.0 |
| TOEFL iBT | 90-100 |
Admission Documents Requirement
The documents required for admission in top Canadian universities for Masters in Entrepreneurship in Canada are listed below:
- Academic mark sheets of secondary, higher secondary and bachelor’s degree.
- Student Curriculum Vitae.
- English Proficiency Tests Scorecards.
- GRE or GMAT scorecards.
- Statement of Purpose.
- Student Visa Application.
- Photocopies of passport/ID.
- Letter of Recommendation.
- Education Loans.
- Photographs.
- Updated CV or resume.
Masters in Entrepreneurship in Canada Cost
Candidates must consider the cost of living for studying Masters in Entrepreneurship in Canada. The cost of living in Canada is tabulated below:
| Expense Type | Average Cost |
|---|---|
| Accommodation | 1,037 CAD (INR 62,351) |
| Food | 290 CAD (INR 17,436) |
| Transport | 107 CAD (INR 6,433) |
| Internet | 80 CAD (INR 4,810) |
| Books and Supplies | 163 CAD (INR 9,800) |
| Miscellaneous | 310 CAD (INR 18,639) |
Note: 1 CAD = 60.15 INR (as dated 25/04/2023)
Masters in Entrepreneurship in Canada Scholarships
There are various scholarships for Indian students to assist them for their expenses during their Masters in Entrepreneurship in Canada. Here tabulated below some popular scholarships for studying Masters in Entrepreneurship and Innovation in Canada:
| Name of Scholarships | Amount Granted |
|---|---|
| Ontario Graduate Scholarships | 15,000 CAD (INR 9,01,887) per year |
| Affiliated Fellowships Master's Program | 16,000 CAD (INR 9,62,013) or higher per year |
| International Development Research Centre (IDRC) Research Awards | Ranges from 42,033 - 48,659 CAD (INR 25,27,269 - 29,25,651) |
| University of Alberta Graduate Entrance Scholarship | 17,500 CAD (INR 10,52,197) |
Note: 1 CAD = 60.15 INR (as dated 25/04/2023)
Jobs after Masters in Entrepreneurship in Canada
Candidates get a wide range of job opportunities after completing their Masters in Entrepreneurship in Canada from top universities. The table given below highlights the various job profiles and average salary of entrepreneurship graduates in Canada:
| Job Title | Average Salary |
|---|---|
| Chief Operating Officer (COD) | 133,554 CAD (INR 80,27,693) |
| Chief Executive Officer (CEO) | 189,129 CAD (INR 1,13,68,207) |
| Director of Operations | 98,632 CAD (INR 59,28,784) |
| Product Manager, Software | 80,528 CAD (INR 48,40,550) |
| Program Manager, Non Profit Organization | 58,662 CAD (INR 35,26,503) |
| Project Management Office (PMO) Manager | 119,104 CAD (INR 71,60,013) |
| Project Management Officer | 107,530 CAD (INR 64,64,235) |
Note: 1 CAD = 60.15 INR (as dated 25/04/2023)
Top Recruiters for Masters in Entrepreneurship in Canada
The top recruiters of top universities for Masters in Entrepreneurship in Canada are tabulated below:
- A.T. Kearney
- AIG Japan
- Amazon Inc.
- Bain & Company
- BCG
- CAE
- Credit Suisse Group
- Deloitte
- DHL Supply Chain
- Flare Aviation Consulting
- Hootsuite
- KPMG (Ignition Group)
- TTT Studios
Work Permit
After completing your Masters in Entrepreneurship in Canada, candidates can opt to work temporarily or live permanently in Canada. For this, candidates need to apply for Post-graduation work permit (PGWP). This work permit will enable the aspirants to stay in Canada and to gain work experience. PGWP visa allows Canadian work experience in Training, Education, Experience and Responsibilities (TEER) categories 0, 1, 2 or 3. The work experience candidates get while working may help them to attain permanent residency in Canada.
ROI for Top Colleges Providing Masters in Entrepreneurship in Canada
The ROI for the top colleges offering Masters in Entrepreneurship in Canada are as follows:
| Name of University | Annual Tuition Fees | Cost of Living | Total Expense | Annual Salary | ROI |
|---|---|---|---|---|---|
| Queen’s University | 52,976 CAD (INR 31,88,341) | 1,937 CAD (INR 1,16,496) |
54,913 CAD (INR 33,02,071) | 91,000 CAD (INR 54,88,853) |
165% |
| McGill University | 57,600 CAD (INR 34,66,246) | 59,537 CAD (INR 35,80,125) | 152% | ||
| University of British Columbia | 53,147 CAD (INR 31,96,829) | 55,084 CAD (INR 33,12,354) | 165% | ||
| University of Alberta | 65,000 CAD (INR 39,10,431) | 66,937 CAD (INR 40,25,107) | 135% |
Note: 1 CAD = 60.15 INR (as dated 25/04/2023)
Canada is the hub for top universities for Masters in Entrepreneurship in Canada. Candidates must have a GPA of 3.0 out of 4.0 to apply for masters in innovation and entrepreneurship Canada. International aspirants need to apply for a visa to pursue their Masters in Entrepreneurship courses in Canada. There are also various scholarships available for candidates to attain their preferred programs in Canada.
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