MBA in International Business in Canada trains professionals to face the global challenges and gain the necessary skills to handle MNCs. MBA in International Business in Canada is a 2-year full-time course. Candidates can work as an international marketing manager, foreign policy advisor, international finance manager after completing international business masters in Canada. The MBA fees in Canada range from 28,847-112,250 CAD (17.4-68 lakhs INR). Some of the top recruiters of graduates in MBA in International Business in Canada are Deloitte, Amazon, Rogers, and McCain. Top universities like University of Torronto and University of British Columbia provides MBA in international business in Canada. The average cut off for IELTS to study MBA international business in Canada is 6.5-7.5.
Table of Content
- Why Study MBA in International Business in Canada?
- MBA in International Business in Canada Structure
- Best Colleges in Canada for MBA in International Business
- Admission Process for MBA in International Business in Canada
4.2 Eligibility Criteria for MBA in International Business in Canada
4.3 University-wise Admission Requirement
4.4 Admission Documents Requirement
- MBA in International Business in Canada Scholarships
- Jobs after MBA in International Business in Canada
7.1 Top Recruiters for MBA in International Business in Canada
Why Study MBA in International Business in Canada?
- Canada has a diverse culture, hospitable environment and quality educational institutes that offer MBA in international business in Canada.
- As several universities are top of QS World Rankings, Canada could be a good choice for you as a postgraduate aspirant.
- The MBA in international business colleges in Canada has affordable tuition fees and cost of living
- Canada has a high population of international students in its universities with diverse cultures and peaceful environments.
- As approximately 45% of Canada's goods and services are exported to other countries, there is a natural demand for graduates with MBA in International Business in Canada.
MBA in International Business in Canada Structure
MBA in International Business in Canada itself is a specialisation. It has different subjects in different semesters as follows:
| Semester I | Semester III | Semester II | Semester IV |
|---|---|---|---|
| General Management | International Marketing | Marketing Management | International Marketing Research |
| Accounting for Managers | Service Marketing and Customer Relationship Management | International Trade and Policy Framework | Cross-Cultural Consumer and Industrial Buyer Behavior |
| Economics for Managers | International Trade Practices, Procedures, and Documentation | Operation Research for Business Decision | Global Strategic Management |
| Legal Framework of Business | International Financial Management | International Business Environment | International Advertising and Brand Management |
| Entrepreneurship and New Venture Planning | International Supply Chain Management & Logistics | Corporate Finance | International Human Resource Management |
| Corporate Governance and Social Responsibility of Business | Foreign Language for Business – 1 | International Financial System | Foreign Language for Business – 2 |
| Business Statistics and Research Methodology | Training Report | Internet Security and Cyber Laws | Project Report |
Best Colleges in Canada for MBA in International Business
The following table shows the top universities, their tuition fees for MBA in International Business. The best colleges in Canada for MBA in international business are tabulated as follows:
| University | Tuition Fees of one year | |
|---|---|---|
| Fees in CAD | Fees in INR | |
| York University | 51,373 | 31 lakhs |
| University of Regina | 18,229 | 11 lakhs |
| University of Alberta | 28,172 | 17 lakhs |
| Trinity Western University | 24,858 | 15 lakhs |
| Luther College | 14,914 | 9 lakhs |
| Fleming College | 18,685 | 11 lakhs |
Admission Process for MBA in International Business in Canada
The admission provess for MBA in International Business in Canada is quite simple. The basic process that candidates need to follow are:
- Research thoroughly the programme that candidates want to join
- Shortlist the university the candidate wants to get admission in
- Visit the university’s official website
- Select the programme you’ve chosen to pursue
- Fill out the application on the online portal
- Upload the required documents
- Pay the application fees
- Submit the application
Once successfully submitted, candidates can expect a response in 2 to 4 weeks. This depends on the quantum of applications received by the university.
Admission Deadline
The admission deadline for the top universities for an MBA in International Business in Canada is as follows:
| University | Application Deadline |
|---|---|
| York University | April 12, 2023 |
| University of Regina | March 1, 2023 |
| University of Alberta | March 1, 2023 |
Eligibility Criteria for MBA in International Business in Canada
Admission for an MBA in International Business in Canada requires the following eligibility criteria:
- 10+2 from a recognised school
- 3-4 years Bachelor’s degree from an accredited university with an overall aggregate of 70% or more (grade B)
- Prior experience in teaching
- Official transcripts from previous institutions where studied
- 2 academic and 1 professional Letter of Reference (LOR)
- 500-word Statement of Purpose (SOP)
- One sample of written work with a body of literature.
- IELTS, or TOEFL & GMAT
- Resume or Curriculum Vitae
- Valid Passport
- Student Visa
University-wise Admission Requirement
The university-wise admission requirements for MBA in international business management in Canada are given below. This includes masters in international business in Canada without GMAT:-
| University | GRE Score | Degree Score | IELTS Score | TOEFL score |
|---|---|---|---|---|
| York University | Minimum: 550 (or 50th percentile in GRE in all sections) | Average: 660 (50th percentile in all sections) | 74% - 76% in the last 2 years of study | 7.0 (6.5 in each section) | 100 (23 in each section) |
| University of Regina | 500 (or equivalent GRE) | 70% | 6.5 (6.0 in each section) | 80 (20 in each section) |
| University of Alberta | Minimum: 550 (50th percentile of GRE also accepted) Average: 605 | Minimum: 80% | Average: 89% | 7 | 100 |
Admission Documents Requirement
The documents required for admission to top colleges for MBA in International Business in Canada are as follows:
- Academic mark sheets of secondary, higher secondary and bachelor’s degrees.
- Academic transcripts from school and undergraduate degree
- A score on English languages proficiency tests like IELTS or TOEFL
- 2-3 LORs (Letters of Recommendation)
- Statement of Purpose (SOP)
- Writing Sample (if required)
- Updated CV or resume
- Work experience documents and certificates
- Photocopies of passport ID
- Recent Photographs
MBA in International Business in Canada Cost
The cost of education is mainly composed of tuition fees and cost of living for MBA in international business management in Canada. The average tuition fee for an MBA in International Business in Canada is between CAD 28,847 and CAD 112,250 (INR 17 Lakhs and INR 22.54 Lakhs). The other expenses include cost of living.
Cost of Living in Canada
The cost of living in Canada for an international student is about 1,987 CAD (1.19 lakhs INR). The split-up of the cost of living is given below:
| Expenses | Monthly Cost | |
|---|---|---|
| CAD | INR | |
| Accommodation | 1,037.00 | 62,465.00 |
| Books and Supplies | 163.00 | 9,818.00 |
| Food | 290.00 | 17,471.00 |
| Gas and Electricity | 200.00 | 12,000.00 |
| Groceries | 1200 - 1500 | 72500 - 90700 |
| Internet | 80.00 | 4,819.00 |
| Miscellaneous | 310.00 | 18,673.00 |
| Phone and Internet | 50 - 76 | 3000 - 4600 |
| Private Apartment | 400 - 1500 | 24200 - 90700 |
| Public Transport | 100 - 150 | 6000 9000 |
| Shared Rental | 250 - 700 | 15000 - 42300 |
| Transport | 107.00 | 6,446.00 |
MBA in International Business in Canada Scholarships
There are various scholarships for MBA in International Business in Canada for Indian students to assist with their expenses
| University | Scholarship | Amount (in INR) |
|---|---|---|
| University of Alberta | Entrance Awards | Up to 11 lakhs |
| Hong Kong Economic & Trade Office MBA Award in International Business | 1.21 lakhs | |
| Karl Funke Graduate Scholarship in International Business | 60,000.00 | |
| Rolf Mirus Graduate Scholarship in International Business | 60,000.00 | |
| University of Regina | FGSR - Graduate Scholarship Base Fund | 3.02 lakhs per year (for 2 years) |
| York University | Resource Capital Funds Scholarship | 9.06 lakhs |
| Robert Krembil Scholarship of Merit | 24.16 lakhs |
Jobs after MBA in International Business in Canada
It offers students high-paying jobs with an average annual salary from an average salary of 84,000 CAD (51 lakhs INR) per annum. Some of the top job roles and their average salaries are given below:-
| Job Roles | Avg Annual Salary | |
|---|---|---|
| CAD | INR | |
| Chief Operating Officer | 149,000 | 89 lakhs |
| Product Development Manager | 139,000 | 83 lakhs |
| Project Manager | 92,000 | 56 lakhs |
| Product Manager | 90,000 | 54 lakhs |
| Assistant Sales Manager | 77,000 | 47 lakhs |
| Business Development Manager | 76,000 | 46 lakhs |
| Logistics Manager | 67,000 | 40 lakhs |
| Logistics Coordinator | 45,000 | 27 lakhs |
Top Recruiters for MBA in International Business in Canada
The top recruiters of graduates in MBA in International Business are
| Company | Annual Salary | |
|---|---|---|
| CAD | INR | |
| TD Financial Group | 101,000 | 61 Lakhs |
| Otis Elevator Company | 65,000 | 40 Lakhs |
| Thought Technology Ltd | 48,000 | 29 Lakhs |
Work Permit for MBA in International Business in Canada
Candian government has formulated some rules and regulations for stay back and work after study in Canada. Candidates must:
- Completed course from Canadian institute with a duration of 2 years
- Have a work experience of 1 year
- They are eligible for a permanent residence ship under a system called Canadian Experience Class.
- Eligibility to permanent residentship through another system which is known as Provincial Nominee Program.
- International student who completes a full time one year to two-year degree program after secondary educationis is entitled to earn 15 points.
- Full-time Master’s program or doctoral fellowship, or any course 3 years at a post-secondary are eligible to earn 30 points.
ROI for MBA in International Business in Canada
Some top universities in Canada give significant returns on investment. The ROI of the top universities in Canada offering MBA in International Business in Canada is tabulated below:
| Name of University | Tuition Fee | Cost of Living | Total Expenses | Average Annual Salary | ROI |
|---|---|---|---|---|---|
| York University | 51,373 CAD (INR 31 lakhs) | 6,000 CAD (INR 3,66,076) | 57,373 CAD (INR 35,00,479) | 65,000 CAD (INR 39,65,823) | 113% |
| University of Regina | 18,229 CAD (INR 11 lakhs) | 24,229 CAD (INR 14,78,275) | 268% | ||
| University of Alberta | 28,172 CAD (INR 17 lakhs) | 34,172 CAD (INR 20,84,924) | 190% | ||
| Trinity Western University | 24,858 CAD (INR 15 lakhs) | 30,858 CAD (INR 18,82,728) | 210% |
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