Top 10 MBA Colleges in Canada: Check Application Deadlines, Tuition Fees, and Program Duration

Top 10 MBA Colleges in Canada: Check Application Deadlines, Tuition Fees, and Program Duration

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Syed Yusuf Ashraf

Content Curator | Updated On - Oct 3, 2024

The top 10 MBA colleges in Canada are ranked among the top 200 in the QS Global MBA Rankings 2024. 6 of the colleges are listed in the top 100 for the Global MBA program which includes Rotman, Desautels, Ivey, Sauder, Smith and Schulich School of Business. These MBA in Canada from top colleges attract Indian students due to their high ROI, flexible mode of delivery and diverse curriculum.

Nearly 90% of the graduates from top MBA colleges in Canada receive job offers within 3 to 6 months of graduation. In fact, Canadian business schools are 50% cheaper than top business schools in USA, which makes Canada an ideal option to pursue MBA program. Some of these business schools also allow students to pursue an optional internship, hands-on learning opportunity, or work full-time while studying.

Top 10 MBA Colleges in Canada

Tabulated below are the top 10 MBA colleges in Canada according to QS Global MBA Rankings 2024:

QS Global MBA Rank 2024 University Application Deadline Total Program Fees (CAD)
#40 University of Toronto - Rotman Round 1 [Sept 25, 2024] | Round 2 [Jan 15, 2025] | Round 3 [Mar 5, 2025] | Round 4 [Apr 30, 2025] $139,140
#73 McGill University - Desautels Round 1 [Nov 1, 2024] | Round 2 [Jan 15, 2025] | Round 3 [Mar 15, 2025] $105,500
#74 Western University - Ivey Round 4 [Sept 23, 2024] | Round 5 [Nov 18, 2024] | Round 6 [Jan 10, 2025] $129,750
#89 University of British Columbia - Sauder Early Bird Round [Sept 03, 2024] | Round 1 [Oct 15, 2024] | Round 2 [Jan 10, 2025] | Round 3 [Mar 11, 2025] $103,258
#92 Queen’s University - Smith September 1, 2024 $110,000
#98 York University - Schulich January 2025: Round 4 [Oct 16, 2024] | Round 5 [Nov 27, 2024] September 2025: Round 1 [Oct 09, 2024] | Round 2 [Jan 15, 2025] | Round 3 [Feb 19, 2025] Round 4 [May 7, 2025] | Round 5 [Jul 17, 2025] $1,23,732
#121-130 University of Alberta - Alberta March 1, 2025 $88,000
#131-140 Concordia University - John Molson Fall [Mar 1, 2025] | Winter [Jun 1, 2025] $53,511
#151-200 McMaster University - DeGroote Early Bird Round [Sept 17, 2024] | Round 1 [Oct 16, 2024] | Round 2 [Nov 27, 2025] | Round 3 [Mar 26, 2025] $53,800
#201-250 University of Ottawa - Telfer March 1, 2025 $47,155

University of Toronto - Rotman

University of Toronto offers a 20 months program through Rotman School of Management. The Rotman MBA involves 16 months of academic study and 4 months of paid internship. With this program students can develop their network with top industry leaders from diverse backgrounds and experiences. Recently, 96% of the Rotman MBA graduates secured employment within 3 months of graduation. The average salary offered to MBA graduates was 140,289 CAD per annum.

Particulars Details
Average GPA 3.6
Average GMAT Score 672
Average Work Experience 5 years
Total Tuition Fees $139,140
Placement Rate 96%
Average Salary $140,289
Top Recruiters McKinsey | Bain & Company | Boston Consulting Group

McGill University - Desautels

McGill University MBA is a 20 months program offered at the Desautels Faculty of Management. This program ranks no.1 in Canada for alumni satisfaction and among the top 3 in the world Financial Times Global MBA Rankings 2024. The Desautels MBA boasts high employability, with 92% of graduates receiving job offers within 6 months of graduation. The average salary of recent MBA graduates from McGill University was 92,000 CAD per year.

Particulars Details
Average GPA 3.3
Average GMAT Score 670
Average Work Experience 5.5 years
Total Tuition Fees $105,500
Placement Rate 92%
Average Salary $92,000
Top Recruiters Abbott | Bell Canada | Apollo Scooters | CIBC | Deloitte | EY | Google | IBM | KPMG | McKinsey | PwC | RBC

Western University - Ivey

The MBA at Western University is a 1-year program offered by the Ivey Business School. This MBA has been consistently ranked no.1 in Canada for 9 years by the Bloomberg Businessweek. 89% of the Ivey MBA graduates receive job offers within 3 months after graduation. The graduates of Ivey Business School reported the highest salary after MBA in Canada, with an average annual pay of 131,CA2 CAD.

Particulars Details
Average GPA 3.3
Average GMAT Score 665
Average Work Experience 5.5 years
Total Tuition Fees $129,750
Placement Rate 89% within 3 months
Average Salary $131,CA2 CAD
Top Recruiters McKinsey | Bain & Company | Deloitte | Cognizant | L'Oréal

University of British Columbia - Sauder

UBC Sauder offers a full-time MBA with a duration of 16 months. UBC currently ranks no.1 for business programs in Canada by the Maclean's. The Sauder MBA can be specialized in Technology & Analytical Leadership, Finance, Innovation & Entrepreneurship and Climate etc. With an MBA from Sauder School of Business, one can expect an average annual salary of 101,431 CAD. According to recent graduate outcomes for, 89% of the graduates of Sauder MBA received job offers.

Particulars Details
Average GPA 3.2
Average GMAT Score 650+
Average GRE Score 320+
Average Work Experience 6 years
Total Tuition Fees $103,258
Placement Rate 89%
Average Salary $101,431
Top Recruiters PwC | Deloitte | Aritzia | Amazon | KPMG | RBC

Queen's University - Smith

Queen's University offers a full-time 1-year MBA through its Smith School of Business. This MBA can be specialized in areas such as finance, entrepreneurship, management analytics, consulting etc. Smith MBA also offers exchange opportunities for students in one of the 25 top business schools in the world. Around 96% of the recent MBA graduates received job offers, with average annual salary being 101,385 CAD.

Particulars Details
Average GPA 3.2
Average GMAT Score 600 (565 GMAT Focus)
Average GRE Score 315
Average Work Experience 4+ years
Annual Tuition Fees $110,000
Placement Rate 96%
Average Salary $101,385
Top Recruiters Amazon | Boston Consulting Group | Deloitte | P&G | KPMG | Walmart | Google

York University - Schulich

The York University MBA is available in full-time, part-time as well as weekend mode of delivery. The full-time MBA can be completed 16-20 months and even 8 months with advanced accelerated mode. This program allows students to choose from 15 specializations. The Schulich MBA ranks no.1 in Canada by Forbes, The Economist and CNN Expansion. 82% of MBA graduates from Schulich School of Business secure jobs within 3 months after graduation.

Particulars Details
Average GPA 3.3
Average GMAT Score 690
Average Work Experience 5.5 years
Annual Tuition Fees $123,732
Placement Rate 82% within months
Average Salary $91,359
Top Recruiters Amazon | CIBC | Deloitte | EY | IBM | KPMG | TD Bank | P&G

University of Alberta - Alberta

The University of Alberta offers a 20 months full-time MBA and a 10-22 months fast track MBA specifically for business graduates. The full-time MBA demonstrates a high employment rate, with 85% of the graduates securing jobs within 3 months of graduation. 32% of the graduates secured jobs in the public and healthcare sector, while 21% received job offers in consulting or strategy industries.

Particulars Details
Average GPA 3.5
Average GMAT Score 630
Average Work Experience 5.6 years
Annual Tuition Fees $88,000
Placement Rate 85% within 3 months
Average Salary $93,000
Top Recruiters ATB Financial | RBC Royal Bank | KPMG | McKinsey | Scotiabank | Google | Deloitte

University of Ottawa - Telfer

University of Ottawa offers a 1-year full-time and a 2-year professional MBA program that allows students to work full-time while studying. The Ottawa MBA is delivered through Telfer School of Management. 100% of the MBA graduates from Telfer receive job offers within 3 months. The average salary offered to recent Telfer MBA graduates was 97,500 CAD per year.

Particulars Details
Average GPA 3.2
Average GMAT Score 628
Average Work Experience 8 years
Annual Tuition Fees $47,155
Placement Rate 100% within 3 months
Average Salary $97,500
Top Recruiters Accenture | Deloitte | EY | PwC | Gartner | Scotiabank | IBM

Concordia University

The MBA at Concordia University is delivered in full-time, part-time mode at John Molson School of Business. This MBA is majorly focused with a hands-on learning approach unlike other MBA in Canada. Within the John Molson MBA, you can expect to earn an annual average salary of 65,000 CAD.

Particulars Details
Average GPA 3.3 on 4.3 Scale
Average GMAT Score 640
Average Work Experience 5.5 years
Annual Tuition Fees $53,511
Placement Rate 90%
Average Salary $65,000
Top Recruiters Deloitte | AECOM | Air Canada | CIBC | Microsoft | Morgan Stanley

McMaster University - DeGroote

McMaster University MBA is a 20 months full-time program that also includes a 4-month summer internship. The program is best suited for those with 1-7 years of professional experience. On average, applicants with 5 years of work experience are admitted to the Degroote MBA program. 94% of the graduates with MBA from Degroote School of Business secure full-time jobs within 10 months while 91% of the students pursue summer internships.

Particulars Details
Average GPA 3.3 GPA
Average GMAT Score 600
Average Work Experience 5 years
Annual Tuition Fees $113,500
Placement Rate 94% within 10 months
Average Salary $81,900
Top Recruiters Amazon | Affinity Health | CIBC | Deloitte | EY | Ford Motor Company | Hamilton Health Sciences

MBA in Canada in one of top 10 business schools is worth going for. Not only these programs are affordable but also offer high ROI with graduates earning a salary between 65,000 to 140,289 CAD (40.17 lakhs to 86.70 lakhs INR) annually. With an MBA in Canada from top business schools, you can expect job offers from top MNCs like Accenture, KPMG, Deloitte, EY, Scotiabank etc.

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