If you aspire to pursue an MBA in Canada but are concerned about the costs, fear not—we’ve compiled a list of budget-friendly MBA programs in the country. These universities not only provide quality education but also offer affordable options for international students. Let’s explore the most economical MBA programs in Canada to help you achieve your dream without breaking the bank.
1. Memorial University of Newfoundland
- Located in Atlantic Canada, Memorial University is the largest in the region and offers an affordable MBA.
- Annual MBA fees: $4,833 CAD
2. University of New Brunswick
- Established in 1785, this is the oldest English-speaking university in Canada.
- Offers a Master of Business Administration (MBA) and Juris Doctor (JD) program.
- Combined annual fees: $12,410 CAD
3. Laval University
- Founded in 1663, Laval University is one of the oldest and most prestigious institutions in Canada.
- MBA fees for the 1.5-year program: $14,774.16 CAD
4. University of Victoria
- A public university in British Columbia with over 21,000 students.
- Daytime MBA fees: $12,737.73 CAD
5. McMaster University
- Ranked 5th among Canadian universities and in the top 150 globally.
- MBA fees: $19,868.16 CAD
6. University of Sherbrooke
- A French-speaking university in Quebec, ranked 24th in Canada.
- MBA fees: $13,065 CAD
7. Concordia University
- Ranked 17th in Canada and among the top 500 globally, with a strong business school.
- MBA fees: $27,168.75 CAD
8. Vancouver Island University
- Known for its international MBA program, attracting students from over 20 countries.
- MBA fees: $25,600 CAD
9. Carleton University
- Ranked 22nd in Canada, Carleton University is recognized for international business courses.
- MBA fees: $26,918 CAD
Additional Affordable MBA Options:
Saint Mary’s University – Sobey School of Business
- AACSB-accredited with an Accelerated MBA program.
- Program fees: $11,018 CAD (12 months)
University of Alberta – School of Business
- Over a century old, it offers a fast-track MBA for approximately $14,664 CAD (10 months).
Simon Fraser University – Beedie School of Business
- Ranked by QS World University and accredited by AACSB and EQUIS.
- Part-time MBA fees: $18,950 CAD (24 months)
Ryerson University – Ted Rogers School of Management
- Located in Toronto, it offers a part-time MBA for $35,818.86 CAD (24-36 months).
University of Calgary – Haskayne School of Business
- Known for its MBA concentration in Global Energy Management and Sustainable Development.
- Part-time MBA fees for international students: $32,462 CAD (32 months)
Embark on your MBA journey in Canada without the stress of exorbitant fees. These universities not only provide quality education but also offer affordable options for students seeking to enhance their business skills. Your dream of pursuing an MBA in Canada is within reach without the need for GMAT.