Masters in International Business in Canada is an advanced study course for 1-2 years. The program deals with the specialization of MSc and MBA in International Business in Canada. The best colleges in Canada for International Business Management offer effective guidance to develop the career of the students. Candidates must have a GPA of a minimum of 3.0 on a scale of 4 to be eligible for Masters in International Business Management Canada. IELTS or TOEFL scores are required to be submitted as proof of English Language proficiency. The tuition fees of the top universities in Canada for Masters in International Business vary from 30,800 - 73,800 CAD (INR 18,55,328 - 44,42,938). Graduate students in international business find a wide range of job opportunities after completing the program. The average annual salary of the graduates pursuing Masters in International Business is 62,000 CAD (INR 37,39,483).

Table of Content

  1. Why Study Masters in International Business in Canada?
  2. Top Universities for Masters in International Business in Canada
  3. Admission Process for Masters in International Business in Canada
    3.1 Admission Deadline
    3.2 Eligibility Criteria
    3.3 Admission Requirements
    3.4 Admission Documents Requirements
  4. Masters in International Business in Canada Fees
  5. Masters in International Business in Canada Scholarships
  6. Jobs after Masters in International Business in Canada
    6.1 Top Recruiters
  7. Work Permit
  8. ROI for the top colleges providing Masters in International Business in Canada
  9. FAQs

Why Study Masters in International Business in Canada?

There are multiple reasons for pursuing Masters in International Business Management in Canada. The most popular reasons are as follows: 

  • With Masters in International Business in Canada, candidates can network and meet people to develop communication skills, which makes them valuable in their field.
  • In Canada, a master's program in international business enables candidates to expand their knowledge and helps them to attain in-depth knowledge of the sector.
  • Candidates attain various job roles like Executive Assistant, Financial Analyst etc after completing MSC International Business Management Canada.
  • Candidates get high salary packages after pursuing MSc International Business in Canada. The average annual salary of Masters in International Business graduates is 62,000 CAD (INR 37,39,483).

Top Universities for Masters in International Business in Canada

Candidates can pursue Masters in International Business Management Canada from the Canadian top universities. Here, given below the top universities in Canada for Masters in International Business along with their tuition fees:

Name of University Program Total Tuition Fees
University of Alberta MBA in International Business in Canada 65,000 CAD (INR 39,14,299)
University of Victoria MBA in International Business Management in Canada 43,765 CAD (INR 26,35,116)
University of Regina MBA International Business in Canada 72,228 CAD (INR 43,49,067)
Western University MSc International Business Management in Canada 73,800 CAD (INR 44,42,938)
Trinity Western University (TWU) MBA in International Business in Canada 36,225 CAD (INR 21,82,118)
Queen’s University Masters of International Business (MIB) in Canada 55,975 CAD (INR 33,71,818)
HEC Montreal MSC in International Business Canada 30,800 CAD (INR 18,55,328)
University of New Brunswick (UNB) MBA in International Business in Canada 31,366 CAD (INR 18,89,422)

Note: 1 CAD = 60.24 INR (as dated 01/05/2023)

Admission Process for Masters in International Business in Canada

The admission process for applying for an MSc or MBA in international business management in Canada is as follows:

  • Choose the universities for applying for Masters in International Business in Canada.
  • Browse the official website of the university to check the admission criteria.
  • Fill in the application form.
  • Pay the application fee.
  • Upload the required documents as suggested on the website.
  • Attend the interview, if asked.
  • After getting the confirmation letter, apply for a visa.

Admission Deadline

The admission deadline for applying to the top universities in Canada for Masters in International Business is as follows:

Name of University Application Deadlines
University of Alberta 1 June 2023
University of Victoria 30 April 2023
University of Regina Application Closed
Western University 9 May 2023
Trinity Western University (TWU) 9 January 2023 (Closed)
Queen’s University -
HEC Montreal 15 September 2023
University of New Brunswick (UNB) 15 May 2023

Eligibility Criteria

The top universities in Canada have certain eligibility criteria for Masters in International Business. Candidates can pursue Masters in International Business in Canada without GMAT score. The eligibility criteria for Masters in International Business in Canada are as follows:

  • A bachelor's degree in any discipline is required for admission.
  • A GPA of a minimum of 3.0 out of 4.0 scale (65-70%) is necessary.
  • GMAT score of 550 or higher is required.
  • IELTS score of 6.5 or above is required.
  • A minimum of 68 of PTE score is required.
  • TOEFL score of a minimum of 100 is required.
  • SOP of 1-2 pages is required.
  • 2 years of work experience if required.

Admission Requirements

Candidates must attain the IELTS and TOEFL score cutoff to apply for Masters in International Business in Canada. The English language proficiency score requirement of the top universities for Masters in International Business Management Canada is as follows:

English Language Proficiency Test Minimum Scores
IELTS 6.5-7.0
TOEFL iBT 86-100

Admission Documents Requirements

The documents required for admission to the best universities for Masters in International Business in Canada are as follows:

  • Academic transcripts.
  • 2-3 LORs
  • IELTS/TOEFL score card.
  • Statement of Purpose within 2 pages.
  • Video essay 
  • Updated CV/ Resume
  • Cover letter
  • GMAT score card.

Masters in International Business in Canada Fees

The cost of living in Canada for pursuing Masters program in International Business is as follows:

Expense Type Average Cost
Accommodation 1,037 CAD (INR 62,566)
Food 290 CAD (INR 17,496)
Transport 107 CAD (INR 6,455)
Internet 80 CAD (INR 4,826)
Books and Supplies 163 CAD (INR 9,834)
Miscellaneous 310 CAD (INR 18,670)

Note: 1 CAD = 60.24 INR (as dated 01/05/2023)

Masters in International Business in Canada Scholarships

International students may apply for one of the many scholarships available in Canada while pursuing a degree there. A few institutions, a few government agencies, and a few private trusts grant scholarships. The scholarships that are offered to international learners studying in Canada are listed here:

Scholarship Name Eligibility Amount Granted
HEC Montreal Entrance Scholarship International students pursuing master’s degrees. 2000- 4000 CAD (INR 1,20,457 - 2,40,915)
Ontario Graduate Scholarship Candidates with a minimum of 80% of marks 15,000-30,000 CAD (INR 9,04,851- 18,09,702)
Queen’s University Entrance Scholarship International students pursuing masters in international business at Queen’s university. 2050 CAD (INR 1,23,469) per term
UVic Fellowship Awards Students with good academic records 17,500 CAD (INR 10,54,004) per year

Note: 1 CAD = 60.24 INR (as dated 01/05/2023)

Jobs after Masters in International Business in Canada

Successful program graduates may find employment in a variety of fields, including consulting, education, wholesale and retail and many more. The table given below highlights the job profiles and average salary of the candidates pursuing Masters in International Business in Canada:

Job Title Average Salary
Customer Success Manager 69,020 CAD (INR 41,62,663)
Executive Assistant 44,245 CAD (INR 26,68,458)
Financial Analyst 48,927 CAD (INR 29,50,834)
Account Executive 49,119 CAD (INR 29,62,414)
Strategic Partnership Manager 90,315 CAD (INR 54,46,985)
Senior Financial Analyst 85,146 CAD (INR 51,35,238)
Quality Assurance Manager 74,533 CAD (INR 44,94,688)

Note: 1 CAD = 60.24 INR (as dated 01/05/2023)

Top Recruiters for Masters in International Business in Canada

The top employers of MBA in International Business graduates are listed in the table below.

  • Norsat International Inc.
  • Key Media
  • Unibail-Rodamco-Westfield
  • Sia Partners
  • Humber
  • Scotiabank
  • KPMG
  • Canada Border Services Agency
  • Altus Group
  • EDC
  • Colliers

Work Permit

International candidates attaining Masters in International Business in Canada must apply for Post-graduation work permit (PGWP). This visa will allow the candidates to stay and work in Canada. Candidates can pursue their job in Canada for at least three years after completing their graduation. For obtaining the visa, candidates must be enrolled full-time in a recognised institution. PGWP permits work experience in Canada in Training, Education, Experience and Responsibilities (TEER) categories 0, 1, 2 or 3. This visa allows the candidates to get permanent citizenship in Canada. 

ROI for the top colleges providing Masters in International Business in Canada

The ROI for the best colleges in Canada for International Business Management is tabulated below:

Name of University Annual Tuition Fees Cost of Living Total Expense Annual Salary ROI
University of Alberta 30,578 CAD (INR 18,40,869) 1,937 CAD (INR 1,16,663) 32,515 CAD (INR 19,58,340) 62,000 CAD (INR 37,39,483) 190%
University of Victoria 21,882 CAD (INR 13,17,349) 23,819 CAD (INR 14,34,176) 260%
University of Regina 36,114 CAD (INR 21,74,150) 38,051 CAD (INR 22,91,105) 162%
Western University 36,900 CAD (INR 22,21,469) 38,837 CAD (INR 23,38,432) 159%

Note: 1 CAD = 60.24 INR (as dated 01/05/2023)

Candidates’ pursuing Masters in International Business in Canada get a vast scope of career opportunities in various fields. The top universities of Canada offer various learning programs for Masters in International Business Management. Candidates must meet the minimum eligibility criteria to apply for International Business Masters courses in Canada. There are multiple scholarships available to give the candidates financial aid for pursuing their studies in Canada.

FAQs

Ques. Which university is best for International Business in Canada?

Ans. The top universities in Canada for Masters in International Business are University of Alberta, University of Victoria, University of Regina etc.

Ques. How much does a master in international business make in Canada?

Ans. The average annual salary of the graduates pursuing Masters in International Business is 62,000 CAD (INR 37,39,483).

Ques. Is it worth doing international business management in Canada?

Ans. Candidates enjoy various job profiles after pursuing international business management in Canada. They get job positions like Executive Assistant, Financial Analyst, Account Executive and many more.

Ques. Can I apply for masters in international business in Canada without a GMAT score?

Ans. Candidates can pursue Masters in International Business in Canada without GMAT score. There are certain universities that do not accept GMAT scores for admission in Masters in International Business in Canada.

Ques. Can I do a Masters in International Business with 60% in Canada?

Ans. Candidates must have a GPA of a minimum of 3.0 out of 4.0 scale (65-70%) for applying for Masters in International Business in Canada.

Ques. How much does a Masters in business cost in Canada?

Ans. The tuition fees of the top universities in Canada for Masters in International Business vary from 30,800 - 73,800 CAD (INR 18,55,328 - 44,42,938). The cost of living in Canada is 1,937 CAD (INR 1,16,663).