This post contains a compiled list of the cheapest MBA in Canada for international students who are on a budget. The tuition for the MBA programs in these Canadian universities is made cheap so that students from other parts of the world can enjoin in their world-class MBA degree.
Canada is widely known as a top education hub and also for opening its doors wide for prospective students who want to earn a degree from a Canadian institution. They accept eligible candidates from all over the world to join in her world-class education and also earn an equally widely recognized degree.
Canadian institutions offer all kinds of degrees, certificates, and diplomas. Associates, bachelor’s, master’s, and doctorate degrees are offered in various fields of study most of which are ranked among the best programs in the world.
The MBA is one of them, and since you have shown an interest in earning an MBA program from Canada this article will help you in kick-starting your studies and advancing your career.
Generally, studying in another country is usually expensive for international students and Canadian universities aren’t exempted. Studying in Canada is expensive but to help students, there are a series of scholarships set aside by universities, the Canadian government, charity foundations, etc. to financially assist international students.
However, this article isn’t about scholarships for international students but the cheapest MBA in Canada for international students.[lwptoc]
What is an MBA?
MBA is the short form of Master of Business Administration it is a graduate business degree that equips graduate students with technical, managerial, entrepreneurial, and leadership skills.
With an MBA degree, you can hold the following job positions;
- Financial Advisor
- HR Manager
- Business Consultant
- Finance Manager
- Marketing Manager
- Investment Banker
- Chief Executive Officer
- Health Services Manager
- Operations Research Analyst
- Management Analyst
- Sales Director
- Chief Technology Officer
- Public Relations Director and more.
MBA degrees are the most popular degree in some countries like the United States and you can earn a degree in regards to your specialization. It is also very expensive to get especially if you are an international student.
Fortunately, we at Study Abroad Nations carried out in-depth, extensive research concerning cheap MBAs for international students, that is, aside from scholarships and other forms of financial aid. Turns out there are some universities that offer MBA degree programs to international students at a low budget.
Normally, an MBA in Canada will cost an international student around $100,000 or even more but the cheap ones are really considering students’ budget and they are around $38,000 to $45,000.
Now you’re all psyched up to know these universities. Keep reading!!!
Cheapest MBA in Canada for International Students
The following are the cheapest MBA in Canada for international students;
- Memorial University of Newfoundland MBA Program
- The University of Regina MBA Program
- Simon Fraser University MBA Program
- University of Calgary MBA Program
- Laval University MBA Program
Memorial University of Newfoundland MBA Program
The Memorial University of Newfoundland is ranked no.1 cheapest MBA in Canada for international students. Domestic students also enjoy her cheap, quality education but since this is about international students.
The MBA program is administered by the Faculty of Business Administration in the Graduate section and gets a substantial amount of donations from the province which is why the MBA program is cheap. The MBA program at MUN is also ranked among the top 5 in the country.
The program is completed in 2 years and the tuition fee for an international student is $12,905.26 for the whole 2-year program.
The University of Regina MBA Program
With a reputation for experiential learning, offering internships, professional placements, and practicums, the University of Regina offers one of the cheapest MBAs in Canada for international students.
The MBA degree is administered through the Kenneth Levene Graduate School of Business and equips students with the right skills required to achieve their personal and career goals. The MBA program at this university is a 39 credit hour course that can be completed in two years of full-time study.
The tuition fee for international students for the MBA program at the University of Regina is $9,386 per year.
Simon Fraser University MBA Program
Established in 1965 with three fully-established and functional campuses located in Vancouver, Burnaby, and Surrey, Simon Fraser University stands among the cheapest MBA in Canada for international students.
The MBA degree program at SFU is provided through the Beedie School of Business which features a world-class faculty and experiential learning. The program is completed in 12 months of full-time study and costs CAD 55,600.
University of Calgary MBA Program
As a world-class higher citadel of learning that inspires and supports discovery, creativity, and innovation, the University of Calgary is ranked among the most affordable MBA in Canada for international students.
The University of Calgary’s Haskayne School of Business offers a variety of MBA degree programs which are; Daytime MBA, Evening MBA, Accelerated MBA, Combined MBA, Thesis MBA, and Executive MBA all committed to empowering students to become a leader with real-life expertise.
The tuition fee for international students is $13,330.
Laval University MBA Program
The Faculty of Business Administration at Laval University offers the cheapest MBA in Canada for international students. It is a 45-credit program that can be completed at your own pace, as it has the distance learning option, full-time, and part-time options as well.
If you hold a bachelor’s degree, you can totally sign up for this degree and expand your knowledge, critical thinking, and analytical skills for business purposes. The tuition fee for this program for an international student is $1,942.86 per 3 credits.
Cheapest MBA in Canada for International Students without GMAT
Below, you will find the cheapest MBA in Canada for international students that do not require students to take the GMAT.
The GMAT – Graduate Management Admission Test – is a computer-based test designed to test the analytical, writing, quantitative, verbal, and reading skills of candidates aspiring to enter a management program such as the MBA.
While most universities in Canada require their applicants to take the GMAT, few do not request it but waive it off instead.
In this section, you will find the cheapest MBA in Canada for an international student without a GMAT that you can apply for. You won’t need a GMAT to enter the MBA program at these Institutions as it has already been waived off and they are also cheap.
- Queen’s University MBA Program
- Wilfrid Laurier University MBA Program
- Ivey Business School MBA Program
- Lakehead University MBA Program
- York University MBA Program
Queen’s University MBA Program
The Smith School of Business at Queen’s University has waived off the GMAT requirement for its 12 month MBA program. The program stands as one of the cheapest MBA in Canada for international students without GMAT.
It instead requires applicants to have a bachelor’s degree in business, finance, economics, accounting, or related field and at least 2 years of work experience. Students must also take the English language proficiency test, such as the TOEFL, IELTS, or PTE, and submit results.
Wilfrid Laurier University MBA Program
The Lazaridis School of Business and Economics at Wilfrid Laurier University is the faculty responsible for offering the MBA degree program and it does not require a GMAT to gain entry into the program. The MBA program is available at both the Waterloo and Vancouver campuses and has various study options.
The study options are full-time, full-time + co-op, part-time evenings, part-time accelerated, and part-time weekends. This is designed so that students can study at their pace and working graduates can also find the time to attend classes.
Ivey Business School MBA Program
Ivey Business School is located in Toronto and it ranks among the cheapest MBA in Canada for international students without a GMAT. The school waived it off and requested for a higher standing bachelor’s degree and an IELTS score of 7.0.
The Ivey Business school is affiliated with the business school of the Western University, Ontario also known as UWO. The school offers a 12 month MBA program which is cheap and does not require GMAT to gain entry.
Lakehead University MBA Program
With an innovative curriculum and a cutting-edge faculty, the MBA program at Lakehead University is designed to equip graduate students with innovative skills that will prepare them for a successful career in the business world.
Lakehead University MBA Program does not require GMAT and is equally cheap, making it stand out as one of the cheapest MBA for international students without GMAT. The program is completed in 12 months of full-time study or 3 years of part-time basis and prefers students with a high academic standing of at least B in their bachelor’s degree.
York University MBA Program
York University is a popular one holding both national and international prestige. The university offers one of the cheapest MBA for international students without GMAT through its Schulich School of Business.
The GMAT is only waived if the applicant meets the academic requirement of achieving a B+ or even better in the last two years of undergraduate studies. The MBA degree program at Schulich is designed to produce graduate students with the specialized knowledge and leadership skills required to gain a competitive advantage in the business world.
Cheapest MBA in Toronto, Canada for International Students
Here, you will find the cheapest MBA in Toronto, Canada for international students.
International students prefer to study in schools in Toronto due to the larger number of English speaking individuals, the diverse culture, safer environment, and other side attractions. Toronto is the most popular place in Canada and has a whole lot to offer foreigners.
So, if you are one of those students who want to study in Toronto for an MBA degree, let’s help you get the cheapest MBA in the area.
- Ryerson University MBA Program
- McMaster University MBA Program
- Wilfrid Laurier University – Toronto Campus MBA Program
Ryerson University MBA Program
Ryerson University is located in Toronto and offers one of the cheapest MBA in Toronto through its Ted Rogers School of Management. The tuition fee for the MBA program for international students is $32,488.
The MBA has both full-time and part-time study option which is completed in 12 and 36 months respectively. The program equips graduates to become business leaders who are responsive to emerging trends and the immediate demands of the marketplace.
McMaster University MBA Program
At McMaster University’s DeGroote School of Business, an international student can earn an MBA degree with total tuition and fees of $80,000. The MBA program at DeGroote includes the normal MBA (full & part-time), MBA with Co-op (full & part-time), and an accelerated MBA, and students from all parts of the world are welcomed to apply for their preference.
The program takes about 8 to 36 months to complete depending on the study option that applicants pick.
Wilfrid Laurier University – Toronto Campus MBA Program
Wilfrid Laurier University is listed among the schools offering cheapest MBA in Canada for international students but it also turns out it has a campus in Toronto which also makes it rank among the cheapest MBA in Toronto for international students.
The university’s MBA program is cheap in general but since it has a Toronto campus then it has to be listed here too. The link provided in this segment is the Toronto based campus.
Well, here are the cheapest MBA in Canada for international students. The proper links have been provided to get you more info such as “how to apply” and “application deadlines”. The information will facilitate your admission process by getting a cheap and internationally recognized MBA in Canada.
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Thaddaeus is a lead content creator at SAN with over 5 years of experience in the field of professional content creation. He has written several helpful articles for Blockchain projects in the past and even recently but since 2020, he has been more active in creating guides for students who want to study abroad.
When he's not writing, he's either watching anime, making a delicious meal, or definitely swimming.