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MBA in Canada. All about Canadian MBA. GMAT required. Is education consultancy required?
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MBA Canada
Is consultancy services required for studying MBA in Canada?
Overseas education is an expensive affair and its best to take the correct decision in the start that can help you through the Canadian admission and visa process correctly, help you get some study abroad scholarships possibly, and save money, time and efforts in your dream of attaining a good overseas education.
The answer to whether you need consultancies (consultants for education specially and not management consultants essentially) to assist you is a certain "Yes". You do need an education counsellor. Education consulting firms (education consultants for Canada specially) are very few in India who help you through a list of processes that you need to follow from selection of right Business Schools, to help you edit the essays (incl. scholarship essay), apply for admission, liaise with the Universities, help you with the student visa process and much more.
Importantly, when you know that there are 5 business schools in Canada which offer an MBA that come in the top 100 world MBA ranking (Financial Times Global MBA Rankings 2011), you must understand that the competition of getting an admission in to a Canadian MBA will not only be high but also will be extremely difficult. Each of the following business school has a class of its own not only in Canada, but also in the Global MBA Ranking:
1. University of Toronto,
Rotman MBA, Canada
2. University of Western Ontario, Ivey MBA, Canada
3. York University, Schulich MBA, Canada
4. McGill University, Desautels MBA, Canada
5. University of British Columbia, Sauder MBA, Canada
Besides the above, there are several other top MBA programs in Canada which can be studied to make a good future. There are about 100 Universities in Canada. A thorough understanding of the different MBA courses (MBA Management, MBA in Finance, MBA in Marketing, MBA HR, MBA IT Executive MBA or even MBA Distance Education) at a B School is essential. Canadian B Schools have a high entry requirement in general where GMAT, sufficient managerial work experience, good academic scores are important. Having stated this, your MBA admission is entirely dependent on how you present your case to the MBA admission committee.
It's easy to type your favourite words in Google, or Bing, or Yahoo when you plan to search for MBA Universities or MBA Colleges across the Globe and the words that immediately strike you are "Harvard Business School", "Harvard University", "London Business School", "University of Toronto", LSE, NYU, IIM, ISB and such top names. Interestingly, even Harvard (HBS) writes on the website that there is no minimum or maximum work experience required for the MBA program. Candidly, after having read it, do you believe that admission in to these top business schools will be done or your MBA study will be a cake walk?
There are so many questions besides your application and education that keep grilling your mind. For instance, which entrance test to appear for, what should be a good GMAT test score for each of the B Schools, what about TOEFL or IELTS, application deadlines, is 16 years education compulsory in Canada or are there MBA degrees in Canada for students with the Indian 15 years education system, does your MBA University have a standing in India, what about the "MBA jobs" in Canada, or in India, what about jobs in Canada and Canada immigration, will you be able to work in Canada, is the MBA course content correct for your future plans, MBA ranking, will MBA in Canada be as reputed as you hear of IIMs or is it a top MBA College, what about the MBA fees, cost of study and living cost in Canada, are there study and work programs (co-op or interships) in Canada, and a plethora of questions on accommodation, scholarship, travel and more follows. Each of these questions for an overseas education consultant is important. At least that is true for us and we enjoy helping you through such queries.
Your studying abroad dream must come true. When you plan to spend a few lacs of Rupees you must know how to invest and where to invest. The decision is yours. Select your best education consultant and most importantly, your best MBA in Canada. Study well. Good luck!
Reputed MBA Programs in Canada
Some known MBA programs in Canada with duration and GMAT requirement are as follows
(note: these are only a few and the list is extensive):Brock University, Canada, September, 2 Years, GMAT 550
Carleton University, Canada, September, 12-18 months, GMAT 550
Concordia University, Canada, Sept, Jan, May, 16-24 months, GMAT 600
Dalhousie University, Canada, September, 2 years, GMAT 550
Mcgill University, Canada, September, 2 years, GMAT 570
McMaster University, Canada, September, 2 years, GMAT 600
Memorial University of Newfoundland, Canada, September, 2 years, GMAT 500
Queen's University, Canada, May, 1 year, GMAT 600
Royal Roads University, Canada, April, 2 years, GMAT
Saint Mary's University, Canada, September, 2 years, GMAT 500
Simon Fraser University, Canada, Sept, Jan, May, 4 semesters, GMAT 550
University of Alberta, Canada, -, 16-20 months, GMAT 550
University of British Columbia, Canada, September, 15 months, GMAT 550
University of Calgary, Canada, September, 16-20 months, GMAT 550
University of Manitoba, Canada, August, 11 months, GMAT 500
University of New Brunswick, Canada, October, 12 months, GMAT 500
University of Ottawa, Canada, August, 15 months, GMAT 550
(at least a 50th percentile overall score on the GMAT, achieving a score above the 45th percentile for each individual component and a score of 4.5 on the essay writing)University of Saskatchewan, Canada, September, 2 years, GMAT 600
University of Toronto, Canada, September, 8-16 months, GMAT 650 +
University of Victoria, Canada, August, 17 months, GMAT 560
University of Western Ontario, Canada, September, 2 years, GMAT 550
University of Windsor, Canada, September, 2 Years, GMAT 550 (minimum quantitative score of 30 and minimum verbal score of 26 required)
Wilfrid Laurier University, Canada, August, 1 year, GMAT 550
York University, Canada, Jan, Sept, 16-20 months, GMAT 600
Note:
While GMAT requirement is mentioned above, it is not exact and Universities also look in to other factors that can compensate lower GMAT scores. These could be work experience, personal statement, career aspirations and such other factors
Some B Schools like HEC Montreal, York University, Cape Breton University, University of British Columbia mention that a satisfactory GMAT score is a required. Thus, the above table should only be considered to understand the average requirement of GMAT in Canada rather than literally. Its best to check on the respective University websites or write to the Universities
There are a few programs that do not essentially require a GMAT score. Contact us for more information
A 550 score in Graduate Management Admission Test (GMAT) is the average score required by MBA schools in Canada. It could go to as low as 500 to a high of over 600. Universities that are higher in the ranking generally ask for a higher GMAT score. Historically, elite business schools like Joseph L. Rotman School of Management at the University of Toronto, Queen's University, and Richard Ivey School of Business at the University of Western Ontario have a higher GMAT requirement for being considered for an MBA admission.
Accreditation in Canada. Which MBA to select in Canada?
Generally, MBA programs in Canada will be accredited by one of the three accrediting bodies. These are AACSB, AMBA, or EQUIS. Several MBA courses are accredited by a combination of two of these or by all three. Accreditation gives business schools international credibility and status since they pass through rigorous criteria. You know you are safe when you are joining one of the accredited programs.
Note: MBAs who not have acceditation are also good. It is not necessary that one must only join those MBAs which have one of the above accreditation. The fees of the MBA program generally rises when a program is accredited
All AACSB Accredited Business Schools in Canada
AACSB (Association to Advance Collegiate Schools of Business) is a process of voluntary, non-governmental review of educational institutions and programs. Institutional accreditation reviews entire colleges and universities, while specialized agencies award accreditation for professional programs and academic units in particular fields of study. As a specialized agency, AACSB International grants accreditation for undergraduate and graduate business administration and accounting programs
1. Faculty of Business, Brock University
2. John Molson School of Business, Concordia University
3. Faculty of Management, Dalhousie University
4. HEC Montreal
5. DeGroote School of Business, McMaster University
6. Faculty of Business Administration, Memorial University of Newfoundland
7. School of Business, Queen's University
8. Sobey School of Business, Saint Mary's University
9. Segal Graduate School of Business, Simon Fraser University
10. Faculte des Sciences de l'Administration, Universite Laval
11. School of Business, University of Alberta
12. Sauder School of Business, University of British Columbia
13. Haskayne School of Business, University of Calgary
14. Asper School of Business, University of Manitoba
15. Telfer School of Management, University of Ottawa
16. Joseph L. Rotman School of Business, University of Toronto
17. School of Business & Economics, Wilfrid Laurier University
All EQUIS Accredited Business Schools
in Canada
European Quality Improvement System (EQUIS) is granted by the European Federation of Management Development (EFMD) to business schools demonstrating that they deliver high quality education for international management. EQUIS is not primarily focused on the MBA or any other specific program; its scope covers all programs offered by an institution from the first degree up to the PhD. Many B Schools prefer EQUIS accreditation and its also popular amongst European MBA Schools
1. Faculty of Business, University of Victoria
2. Queens School of Business, Queens University
3. Richard Ivey School of Business, University of Western Ontario
4. HEC Montreal
5. Sauder School of Business, University of British Columbia
6. Faculte des Sciences de l'Administration, Universite Laval
All AMBA Accredited Business Schools in
Canada
Established in 1967, the Association of MBAs often referred to as AMBA is the international impartial authority on postgraduate business education. Its accreditation service is a recognized global credential for all MBA, DBA and MBM programs. AMBA accreditation is also the most preferred accreditation in Europe and most business schools would aim to be accredited by AMBA
1. Telfer School of Management, University of Ottawa
2. School of Business, Queens University
3. HEC Montreal
4. Schulich School of Business, York University
MBA Programs in Canada
Asper School of Business , University of Manitoba, Canada
Centre for Innovative Management , Athabasca University, Canada
College of Management and Economics, University of Guelph, Canada
DeGroote School of Business , McMaster University, Canada
Desautels Faculty of Management , McGill University, Canada
Division of Graduate Studies and Research, Royal Military College, Canada
Ecole des sciences de la gestion (ESG), Universite du Quebec a Montreal (UQAM), Canada
Edwards School of Business, University of Saskatchewan, Canada
Faculte d'administration Universite de Sherbrooke , Universite de Sherbrooke, Canada
Faculte d'administration , Universite de Moncton, Canada
Faculty of Business , Brock University, Canada
Faculty of Business, University of New Brunswick (Saint John), Canada
Faculty of Business , University of Victoria, Canada
Faculty of Business Administration , Simon Fraser University, Canada
Faculty of Business Administration , Universite Laval, Canada
Faculty of Business Administration , University of New Brunswick (Fredericton), Canada
Faculty of Business and Management , University Canada West, Canada
Faculty of Management, Royal Roads University, Canada
Faculty of Management , Vancouver Island University, Canada
Haskayne School of Business, University of Calgary, Canada
Hautes Etudes Commerciales, Hautes Etudes Commerciales (HEC Montreal), Canada
Kenneth Levene Graduate School of Business , University of Regina, Canada
Memorial University Faculty of Business , Memorial University of Newfoundland, Canada
Odette School of Business, University of Windsor, Canada
Online MBA/eMBA, Lansbridge University, Canada
Queen's School of Business, Queen's University, Canada
Richard Ivey School of Business , University of Western Ontario, Canada
Rotman School of Management , University of Toronto, Canada
Sauder School of Business , University of British Columbia, Canada
School of Business , Trinity Western University, Canada
School of Business Administration, Dalhousie University, Canada
School of Business and Economics, Thompson Rivers University, Canada
School of Business and Economics, Wilfrid Laurier University, Canada
School of Commerce and Administration , Laurentian University, Canada
Schulich School of Business , York University, Canada
Shannon School of Business , Cape Breton University, Canada
Sobey School of Business , Saint Mary's University, Canada
Sprott School of Business , Carleton University, Canada
Ted Rogers School of Management , Ryerson University, Canada
Telfer School of Management , University of Ottawa, Canada
The John Molson School of Business , Concordia University, Canada
UNBC School of Business, University of Northern British Columbia, Canada
University of Alberta School of Business, University of Alberta, Canada
MBA fees of courses in Canada
The MBA program fee range in Canada is listed below so that you can decide on your Canadian MBA Schools accordingly:
MBA Canada Fee Range: Less than or around 20000$ (CAD) (or a little higher)
Memorial University of Newfoundland
Dalhousie University
Lakehead University
Kenneth Levene Graduate School of Business at University of Regina
Lansbridge University
Odette School of Business at University of Windsor
Carleton University
University of Ottawa
Lethbridge University
HEC Montreal
University of Newfoundland at Fredericton
MBA Canada Fee Range: Less than or around between 20000$ and 30000$ (CAD) per year (or a little higher):
Royal Military College
University of New Brunswick at Saint John
Wilfrid Laurier University
Cape Breton University
John Molson School of Business at Concordia University
Sobey School of Business at Saint Mary's University
Laurentian University
Asper School of Business at University of Manitoba
Schulich School Business at York University
University of Victoria
First Nations University
University of Saskatchewan
Vancouver Island University
MBA Canada Fee Range: Less than or around between 30000$ and 45000$ (CAD) per year (or a little higher):
College of Management and Economics at Guelph University
Sauder School of Business at University of British Columbia
Haskayne School of Business at University of Calgary
DeGroote School of Business at McMaster University
University of Alberta
Desautels Faculty of Management at McGill University
MBA Canada Fee Range: Less than or around between 45000$ and 60000$ (CAD) per year (or a little higher):
Athabasca University
Royal Roads University
Queen's University
MBA Canada Fee Range: 60000$ (CAD) per year (or higher):
Richard Ivey School of Business at University of Western Ontario
Joseph L. Rotman School of Management at University of Toronto
Duration of MBA Programs in Canada
In general, most MBA programs in Canada are 2 years, with some MBA programs that one can finish in 18 months (also known as Accelerated MBA). However, if you wish to check the One Year MBA Programs in Canada whereby you can finish your education early, have a look at the options below.
List of One Year MBA Programs in Canada:
University Canada West, Canada, Faculty of Business
University of Manitoba, Canada, Asper School of Business
Richard Ivey School of Business, Canada, Ivey MBA Program
McMaster University, Canada, DeGroote School of Business
University of Saskatchewan, Canada, Edwards School of Business MBA
Thompson Rivers University, Canada, Master of Business Administration
University of Ottawa, Canada, Telfer School of Management
Lakehead University, Canada, Faculty of Business Administration
University of New Brunswick, Saint John, Canada, Faculty of Business
Ryerson University, Canada, Ted Rogers School of Management
New York Institute of Technology, Vancouver, Canada, School of Management
York University, Canada, Schulich School of Business
1 Year MBA programs in Canada are a good option for students who are working, cannot spend two long years finishing the MBA, or students who hold a Masters degree or post graduate studies of any level.
So do you need a consultant? If an education consultant can put in this level of research is just helping you select the right University to study an MBA in Canada, do you have to think twice? This is especially when you know you will be spending good amount of money, time, efforts. Contact ILW at +91 9820864001 for your free counseling session
Quick Tips from ILW Overseas Education Consultants for admission to MBA in Canada and the process involved:
You must apply to at least 4 to 6 Universities for MBA in Canada
Finish your research on Canadian MBA courses while you are preparing for your GMAT examination. Thus, you will know what is the average GMAT score you must target. Secondly, you can send your scores to 5 Universities across the world for free (save some money). This mean your GMAT score will reach the correct Universities
Prepare for your GMAT (GMAT prep generally takes 2 to 3 months). Book your test date. Take your GMAT test and accept the scores if you feel you have done well. A 700 plus score in GMAT is voila! Above 650 score in GMAT is very good. Above 600 score in GMAT is nice and acceptable. Above 550 score in GMAT means you still have a good chance of joining a good MBA. Between 500 and 550 GMAT score, do not panic. Leeser than than you must look at Universities which do not essentially require a GMAT
While preparing for your GMAT preparations are on or even while GMAT practice sessions are ongoing, keep gathering the documents required for applications to MBA programs in Canadian Universities. You will save time. Do not wait for your GMAT scores and then decide which Universities you may want to apply to. GMAT scoring is an art and until you have deadlines and a targetted approach, you may struggle with the score. This is true even at the stage of GMAT preparation and GMAT practice test you are achieving a good score. Generally, your scores go lower than the ones you are getting at the GMAT training and GMAT practicing level
Book yourself for the TOEFL test (TOEFL prep time could be 10 to 15 days). Again select the right Universities because you can send out free scores
Make a note of all deadlines by which you must apply and send out the application documents. Canadian Universities may take between 4 to 6 weeks (and in some cases beyond 12 weeks) to reply with the decision
Select at least one or two Universities in Canada where you stand a realistic chance to get admissions. You do not want to apply to 6 Universities only to find that none offered you an admission and you lost money on application fees, courier charges, entrance tests and others (if any)
Universities may generally send a confirmation when you apply and would suggest when to contact them. Stay alert. Check your emails. Write to them after the time they have suggested for a decision (if not yet received)
Check the visa process on the VFS (VFS Canada) website and ensure that you are doing the required timely to prepare for a visa application to Canada
Make a final decision after receiving the admission offer letters from Universities. Accept your admission. Make any tuition fee payment if required to the respective University
Apply for your visa with the correct documentation. Check out accommodation options with the University primarily. Book it timely
Book flight tickets after you get your Canadian visa. Finish medicals. Buy required forex. Start packing your bags early
Fly
Easy, isn't it? Not when you have to do this all alone. Contact us and we will do much of the above for you
Did you know?
Most students from India who wish to study MBA in Canada apply and enroll for a Graduate Certificate or Graduate Diploma after which they get a chance to work for one year at least in Canada. Admissions to Canadian MBAs is difficult and thus students first finish the Graduate Studies and then after some work experience move on to applying for an MBA
You may also wish to have a look at:
Steps to study abroad - details what should be your thought process and planning while deciding on your overseas education
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