MBA programs in Canada- Management programs in Canada- MBA education in Canada
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MBA programs in Canada
In the last few years,it goes without saying that International full time MBA programs are the post graduate courses which most of the students prefer to do when their complete their graduation.The salaries of the graduates of B-schools from Canadian universities are really very high.Canadian Schools rank among the top ten MBA institutions in the world.
In Canada, the average total tuition cost for a Master of Business Administration (MBA) program for international students is $30,435-$31,856. Perhaps not surprisingly, as with the fees for Canadian students, the tendency is for the largest and most prestigious institutions to have tuition that is over the national average. However, somewhat of a surprise may be that HEC Montreal and the Schulich School of Business at York University, which are often grouped among Canada's, and often the world's, elite schools by reputable sources like Business Week and the Financial Times, and many major employers have tuition fees that fall below the national average for MBAs.
Except for Lansbridge University, Queen's University, and Simon Fraser University, all tuition fees for international students are higher than those for Canadian students.
What is the criteria for deciding on a Canadian MBA school and program in Canada?
Once you have determined that earning an MBA is important to achieving your objectives you must choose the appropriate program and school which is right for you. The search for the right education will be an involving and time-consuming project but will be worthwhile if you want to find the proper degree for you. The following is a list of 16 of the most important things to consider when choosing an MBA, albeit every individual may not take all of them into consideration:
Criteria for Choosing a MBA School and Program--
Costs and benefits
Specialized, general, or combined MBA
Reputation of the MBA school
Cooperative MBA programs
Distance MBA programs
Full-time vs part-time MBAs
Size of student population
MBA in Canada
Canada provides the right opportunity to turn your dream of pursing an MBA into reality, through meeting international high educational standards and low study and living costs. Students who earn an MBA degree from a Canadian B-school have better chances of career opportunities, business networking, lucrative earnings, and growth prospects.
MBA program curriculum extends beyond teaching business fundamentals and disciplines, and developing soft skills within future professionals. The duration of a MBA program in Canada runs from 10 months to about 2 years, depending upon the structure and curriculum of the MBA program applied for. B-schools in Canada offer three kinds of MBA programs, namely, generalized, specialized, and combined. Generalized MBA, also known as generic, general management, or traditional MBA, imparts in students management knowledge, skills, and abilities essential for operating within varies aspects of a business. A generalized degree runs for 2 years in length, wherein the first year educates about basic business fundamentals while the second year gets a step deeper into an area of concentration the students wish to specialize in.
Specialized MBA programs run for 1 year or even less, offering applicants to sharpen their knowledge and skills in a particular area or aspect of business, valuable for a specific field, industry, or sector. However, there are certain B-schools who offer customized MBA, also referred to as Corporate MBA, which can be availed only by working professionals to enhance their abilities and hence, are tailor-made. Finally, the combined MBA programs, lasting for up to 4 years, provide the opportunity of earning a degree in business and in another discipline, such as agriculture, arts, engineering, law, and medicine, both at the same time. Depending upon the structure of the program, a portion of the course can be either generalized or specialized. The successful completion of the course and being honored with an MBA degree opens numerous career opportunities in the private, public, and not-for-profit sectors.
The academic calendar for Canadian universities and private colleges is pretty similar to universities in the United States. An academic year comprises of two terms and one session. The fall term runs from September through December while the winter term begins in January and ends in April. The winter term is followed by a summer session which starts in early May extending up till mid-August.
Admissions Requirements for MBA in Canada
Previous academic record plays a vital role in deciding upon your eligibility for securing admission in a MBA program in Canada. It is important to hold a good and positive academic record to obtain admission in a reputed B-school.
Though each business school has its own individual minimum requirements for admission to an MBA program, it is highly recommended that you have completed a 4-year undergraduate course.
Transcripts (mark sheets) should be provided by each and every educational institution you have attended post secondary school. They should be duly signed and attested across the seal by the registrar. In fact, most business schools demand transcripts to be sealed in an envelope. Get multiple copies of all the transcripts.
Never convert your marks in your country’s system of grading into the Canadian Grade Point System, as the conversion may not always be accurate and can cause problems in granting your admission. Ideally, you can attach an explanatory note from your college stating your rank in the university, against the number of students in your class and in the university.
All transcripts produced in a language other than English must be translated into English, only by the issuing authority or university; else your application may be disqualified.
GMAT and TOEFL are the two standardized tests necessary to qualify for admission to an MBA college in Canada. The minimum GMAT score required by a top university ranges from 500 to 600, while the minimum score for TOEFL varies from 550 to 600 (Paper-based test) and 213 to 250 (Computer-based test).
Applying for an MBA program in Canada requires the applicants to have a working experience of a minimum 2 to 3 years. As such, a detailed resume should be drafted, indicating all the necessary information about the professional working experience, such as positions held, achievements, and scope of work.
Letters of reference or recommendation are extremely important for admission to an MBA program in all Canadian universities. These proofs of your professional and personal background should be signed by people who know you well professionally or have taught you in a subject related to the course you are applying to. These should highlight some concrete examples of your qualities, strengths, and potential.
Statement of purpose or personal essay is yet another significant criterion for evaluating your application for admission. This essential factor is important for presenting you as an individual and marketing yourself to the university applied.
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