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Top MBA Colleges in Canada to Target This Year & Beyond

So, you’re considering taking the next big step in your career and exploring Canada’s top-notch MBA programs? You’ve come to the right place. This article highlights some of the top MBA colleges in Canada that can help you reach your professional goals and make a real impact. Here you go!

Why Choose Canada for Your MBA?

Before diving into the list of the top MBA colleges in Canada, here are some advantages of choosing this country for your studies:

  • World-class education
  • Diverse and inclusive culture
  • Strong economy and job market
  • Affordable tuition and living costs
  • Post-graduation work permit
  • Beautiful landscapes and high quality of life

Top MBA Colleges in Canada

Here’s a snapshot of the top-ranked MBA programs in Canada that you should be targeting:

Top MBA Colleges in Canada QS Global Ranking (2024) Program Duration Full-time MBA Tuition Fees Average Post-MBA Salary
Rotman School of Management #1 2 years CAD 136,410 CAD 104,622
McGill Desautels Faculty #2 2 years CAD 99,500 CAD 149,000
UBC Sauder School of Business #4 2 years CAD 70,919 CAD 190,000
Ivey Business School #3 1.8 years CAD 177,089 CAD 179,196
Schulich School of Business #6 2 years CAD 124,686 CAD 166,534
Queen’s Smith School of Business #5 1 year CAD 150,176 CAD 138,388

Now that we’ve got the numbers, let’s explore these schools in more detail.

  • Rotman School of Management (University of Toronto)

The Rotman School of Management, part of the University of Toronto, was founded in 1950 and named after Joseph L. Rotman in 1995 following his significant donation. 

Located in downtown Toronto, Rotman’s modern campus features state-of-the-art facilities, including the BMO Financial Group Finance Research and Trading Lab.

Rotman’s full-time MBA program spans two years and is known for its innovative approach to business education. The school’s signature “Self-Development Lab” helps students hone their communication and leadership skills. 

The class profile typically includes students from diverse backgrounds, with an average of 4-5 years of work experience and GMAT scores of around 670.

  • McGill University – Desautels Faculty of Management

The Desautels Faculty of Management at McGill University, located in Montreal, Quebec, has a rich history dating back to 1906 when it was established as a Department of Commerce within the Faculty of Arts. 

The faculty was named after Marcel Desautels in 2005 following his transformative donation, and since then, it has been making strides as one of the top MBA colleges in Canada. 

Desautels offers both 1-year and 2-year MBA programs, catering to students with varying levels of experience. The school’s bilingual environment is a significant attraction for many international students. 

Its MBA class typically consists of about 80 students, with an average of 6 years of work experience and GMAT scores of around 660.

  • UBC Sauder School of Business

The UBC Sauder School of Business, part of the University of British Columbia in Vancouver, is one of the top MBA colleges in Canada. 

The school is particularly known for its focus on sustainability and innovation, reflected in specialized courses and research centers like the Centre for Social Innovation & Impact Investing. 

The school offers unique global immersion experiences, including exchanges with over 50 partner schools worldwide. 

Sauder has strong ties to the Pacific Rim economies and is particularly noted for its strengths in real estate, sustainability, and technology management.

  • Ivey Business School (Western University)

Another strong contender on our list of the top MBA colleges in Canada is the Ivey Business School, Ontario. It is particularly renowned for its case-study method of teaching. 

Ivey offers a unique 1.8-year MBA program, one of the most intensive of its kind in North America. The program typically enrolls about 150 students, with an average of 4-5 years of work experience and GMAT scores of around 660. 

The school also offers a strong career management program and boasts one of the most extensive alumni networks among Canadian business schools. 

Ivey’s strengths lie in general management, finance, and entrepreneurship.

  • Schulich School of Business (York University)

The Schulich School of Business, part of York University in Toronto, was founded in 1966 and named after Seymour Schulich in 1995 following his substantial donation. 

The school operates from two campuses: its main campus in Toronto and a satellite campus in Hyderabad, India.

Schulich offers one of the most flexible MBA programs in Canada, with full-time, part-time, and accelerated options. The full-time program can be completed in 16 or 20 months. 

The school typically enrolls about 400 students across its various MBA formats, with an average of 4-5 years of work experience and GMAT scores of around 660.

  • Queen’s Smith School of Business

Rounding out our list of the top MBA colleges in Canada is Queen’s Smith School of Business. 

The Smith School of Business at Queen’s University, located in Kingston, Ontario, was founded in 1919 and renamed in honor of Stephen J.R. Smith in 2015. 

Its main building, Goodes Hall, is a unique blend of a 120-year-old schoolhouse with a modern wing, symbolizing the school’s respect for tradition and drive for innovation.

Smith offers a 12-month full-time MBA program to professionals with at least two years of work experience. The program typically enrolls about 80 students, with an average of 4-5 years of work experience and GMAT scores of around 650.

Conclusion

With competitive salaries, lower tuition fees, and robust job markets, Canada continues to be a top destination for MBA aspirants. Choose the program that fits your career goals, and you’ll be well on your way to success in the global business arena.

Happy choosing!

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