Top Business Schools in Canada for MBA in 2023

Choosing to study business in Canada is commendable. Whether you are a citizen or foreigner, you are of advantage. This is because Canada has been seen as one of the top ends for higher education. Asking the best school to study business (MBA), don’t panic, you are on the right page. In this article, you will be provided with the top business schools in Canada for MBA. Just keep going down the article. 

Want to know what MBA is? MBA is a program in business in the faculty of arts. The full meaning is Master for Business Administration. This is a course offered by degrees and recipients. However, those who are enthusiastic about administering business research may decide to seek a doctorate in business or management. It is a course that has opportunities all over the world. 

Master in Business Administration provides students with the knowledge of organizational limited resources to turn a profit and grow a business to a standard of your choice. On the contrary, Graduate Business Administration studies, such as MBA degrees offered by international business schools, teach notions like the following:

• Production 
• Planning
• Decision making
• Project Management 
• Allocating human resources 
• Finances, etc. 

Studying an MBA will offer you a competitive advantage over Managers who want to reach the outstanding statuses of their careers.

Why study MBA in Canada? 

Since Canada is a developed country, filled with arrays of high-earning job opportunities for students after graduation. Studying for an MBA in Canada will help boost your knowledge of business law strategies. Plus an easy path for getting Permanent residency (PR) and citizenship. Truth be told, MBA in Canada offers students a detailed international educational basic experience with an uncountable number of benefits. Below are reasons why you should study MBA in Canada: 

• Their universities are well established since they have well-recognized global rankings. 
• It is open to international students. 
• Its tuition fee and other fees are affordable. 
• It offers quality education. 
• MBA workers are well paid. 

Factors To Consider When Selecting Business Schools For MBA In Canada 

Canada is indeed a good place to study business, especially a Master of Business Administration (MBA). Not all schools offer business. Below are six factors to consider when selecting the business school of your choice. 

• Program 

Before you select any business school, check out the kind of program the school is running. Some schools run flexible programs. Just like the University of Toronto’s Rotman School of Management, they run both full-time and part-time programs. It’s your choice to select a program that suits you. Remember that

MBA candidates have already established professionals, and many have families. For that reason, all kinds of programs will not be favorable to them. Some might prefer part-time while others will choose full-time to expertise on MBA. 

• Cost 

This is one of the major factors to consider when selecting the business school of your choice. All schools have their specific fees. Some are affordable while some are expensive. Survey the cost of the business schools before you apply. For instance, you might prefer Queen’s Smith School of Business, but after research, you find out that you can’t afford their fees. It’s your choice to select any business school that you can afford. However, getting your master’s is a big investment, but with the right program, the time and money you pay will settle off tenfold.

• Professors 

Your level of knowledge and expertise in business especially MBA relies on the professors or lecturers. If they are excellent and competent, no doubt you will become like them. Checking for the kind of professors in any business school before you apply matters where you get your MBA, the professors will have a huge impact on shaping your experience. Top MBA programs have a discerned faculty who can deliver both vital academic basics and practical, real-world experiences, regardless of your field of study. Get to know your professors’ abilities. 

• Location 

Studying for an MBA in any school is based on the location of your choice. Whether far or close. You know our needs when it comes to location. York University’s Schulich School of Business might be your choice school but the distance is not favorable. You just need to change the school to your favor. 

• Financial Aid / Scholarship 

This is another important factor to consider when selecting a business school in Canada to study MBA. We have many business schools but not all offer financial aid or scholarships. Survey the business school that will suit your social strata. If McGill University’s Desautels Faculty of Management doesn’t offer financial aid and you can’t afford their fees, you can change to another institution. 

• Alumni network 

This network engulfs many MBA graduates who passed out many years ago. They create job opportunities for the students who are about to graduate. In the best business schools, your MBA doesn’t halt laboring for you once you graduate. A strong alumni network offers advantages that stay with you for years to come.

Since you have known the factors to consider when selecting business schools for MBA, let’s look into the top business schools in Canada for MBA. 

Top Business Schools In Canada For MBA 

Canada has many business schools but we will pinpoint the 5 Top Business Schools In Canada For MBA that have the highest rank for MBA. 

#1. Rotman School of Management

Rotman School of Management is affiliated with the University of Toronto. Later renamed to Joseph L. Rotman School of Management in 1997. It is a public business school for MBA, established in 1950 in the province of 105 St. George Street, Toronto, Ontario, Canada. 

Before the existence of the Rotman School of Management, the parent school has been offering undergraduate courses in commerce and management since 1901. But, since 1950,

the Institute of Business Administration charged for business courses for undergraduates. Although it was changed to the Faculty of Management Studies in 1972 and then in 1986, it was shortened to the Faculty of Management in 1986.

The institution offers undergraduate, graduate, and doctoral programs in the following.

• Business Administration
• Finance 
• Commerce, 
• Full-time, part-time and executive MBA programs 
• Master of Finance program
• Master of Management Analytics
• Master of Financial Risk Management
• Graduate Diploma in Professional Accounting
• Doctoral program
• Rotman Ph.D., etc. 

The institution is ranked as one of the top business schools in Canada for MBA and you will enjoy studying in the school. In case you require the website, go down below 

http://rotman.utoronto.ca. 

#2. Queen’s Smith School of Business

 This business school is ranked as one of the best schools in Canada. It is affiliated with Queen’s University, formerly called Queen’s School of Business. The school was established in 1919 and is situated in Kingston, Ontario, Canada. One important thing about studying in this business school is that they award so many programs like the following: 

• Bachelor of Commerce (BCom)
• Master of Business Administration (MBA)
• Executive MBA (EMBA)
• Accelerated MBA (AMBA)
•  Master of Science in Management (MSc) 
• Master of Finance (MFin)
• Master of International Business (MIB)
• Master of Management Innovation and Entrepreneurship (MMIE)
•  Master of Management in Artificial Intelligence (MMAI)
• Master of Management Analytics (MMA)
• Ph.D. in Management degrees 
• Graduate Diploma in business (GDB)
• Graduate Diploma in Accounting (GDA). 

Offering MBA in this university is advantageous because you will be trained to the core. The website is http://smith.queensu.ca. 

#3. Ivey School of Business 

This institution is under the faculty of a business school. Established in 1922. It is a constituent unit of the University of Western Ontario in the province of London, Ontario, Canada. It is credited with founding the nation’s first MBA and Ph.D. program in Business. The school is affiliated with They offer quality education in business. It award the following programs: 

• Master of Business Administration (MBA)
• Master of Science in Management (MSc) 
• Full-time undergraduate (HBA)
• MFE and Ph.D. programs. 

The business school was officially established in 1949 when Western University established a different faculty as the School of Business Administration. Later on, the school was renamed the Richard Ivey School of Business after an $11 million donation by the Richard M. Ivey family. The school has about 109 Academic staff, 1,300 Undergraduates, and 300 Postgraduates. Their firm has gone far because of the standard of education they offer to business students. Their website is http://ivey.uwo.ca. 

#4. Desautels Faculty of Management 

Desautels Faculty of Management translated in French as Faculté de gestion Desautels is ranked as one of the top business faculties in Canada. It is affiliated with McGill university. They have offered excellent and standard teaching experience to many business students training them to be professionals. It is a French school of business founded in 1906 and is situated in Montreal, Quebec, Canada. However, the Faculty’s innovative programs and historic reputation for superiority continue to entice the finest students and the most prominent and distinguished professors from around the globe to its downtown campus located in the vibrant metropolis of Montreal.

Truth be told, the faculty provides a range of undergraduate and graduate-level business programs which include the following :

• Bachelor of Commerce 
• Master of Business Administration 
• Doctor of Philosophy in management degrees. 
• Joint MBA/Law program with McGill’s Faculty of Law.

According to research, the faculty has over 116 Academic staff, 3,051 students, 2,300 undergraduates, and 315 postgraduates. The school offers both online and offline business teaching including MBA. Their website is https://en.m.wikipedia.org. 

#5. Schulich School of Business 

This is one of the prominent and excellent business schools for MBA. Just apply to study at this institution and you will become an expert when it comes to business. Established in 1966 in the province of Toronto, Ontario, Canada. Its parent university is York University. The institution was formally called the Faculty of Administrative Studies (FAS). It provides undergraduate and graduates degree and diploma programs in the following programs: 

• Business administration 
• Finance 
• Accounting 
• Business Analytics 
• Public administration 
• International Business 
• Ph.D. and executive programs, etc. 

In addition, the institution offers an unparalleled experience including _successful and devoted alumni, a powerful network of superficial stakeholders, and outstanding and distinct students all help Schulich rank among the top business schools in the world. Its website is http://schulich.yorku.ca.

Other schools of businesses for MBA include: 

• UBC Sauder School of Business 
• Alberta School of Business
• Concordia University – John Molson School of Business
• Rowe School of Business
• McMaster University – DeGroote School of Business
• Brock University – Goodman School of Business
• University of Ottawa – Telfer School of Management
• Simon Fraser University – Beedie School of Business
• Sobey School of Business
• The University of Calgary – Haskayne School of Business
• Ryerson University – Ted Rogers School of Management
• Edwards School of Business

Admission Requirements for MBA in Canada 

As a student who wants to study MBA in any business school in Canada, there are some eligibility requirements that you must keep ready. Those requirements are: 

• An applicant must provide a Bachelor’s degree from a recognized university or education institution.
• He must pass the graduate Management Admissions Test (GMAT) with a good grade or score. 
• He must have previous relevant work experience.
• He must pass the English language proficiency test, like IELTS or TOEFL.
• He must submit a statement of Purpose.
• He must provide 2 Recommendation Letters.
• And then pass the admission interview.

Conclusion 

Business schools in Canada have been recommended to many students who want to study MBA because of their professional and standard approach to teaching. There are certain factors to consider when selecting the business school in Canada for MBA like the flexibility of their program, professors, lecturers, Alumni network, and many more. It will help you make better choices. 

There are beneficial reasons you should study MBA in Canada in one of the business schools. They run both indigenous and international studies. They offer online tutorials, in case you don’t want to relocate to Canada. Their business schools are the best in training students to competence. There are different business schools in Canada for MBA but I have mentioned the top 5 among them. However, before you apply to study MBA in any business school, try to check out their eligibility requirements.