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Canada has seen a significant increase in international students applying and attending colleges, especially with all the uncertainty surrounding the US H1-B visa situation and the pandemic. Quite a few companies, startups and unicorns are looking at Canada as an attractive option to move to or invest in due to its immigrant-friendly labor laws, better quality of life and cheaper real estate and living costs.
For students, this is great news. One drawback Canada had earlier was that it is a very small traditional market, as compared to the US or UK, but that is fast changing. And with these developments, we expect new jobs being created at a much faster pace!
Why should you consider an MBA from Canada? Here are our top reasons to be bullish about Canada!
- Internationally ranked MBA programs with Great Employment outlook
Canada is home to some great programs which are ranked in the Top 100 Schools globally. Also, there is a thriving market for local graduates, which is always great. Average employment rates of over 80% and starting post-MBA salaries around C$90,000 make an MBA in Canada a great investment option in terms of RoI.
- Immigrant friendly labor laws
Graduating from an eligible MBA from a Designated Learning Institution (DLI) in Canada (which most good universities are), students are eligible for a post-graduation work permit (PGWP). If your MBA is two years, then you may receive a PGWP that’s valid for two to three years. This should give you ample time to look for a job and settle in, before applying for the PR if desired. Canada’s PR process is the most straight forward and transparent points-based program.
- Affordable Tuition Costs
Most reputed B-Schools in the US have tuition fees over $120,000, most Canadian MBA programs cost around C$100,000 which is 40% cheaper in real terms! Scholarships are also more available and accessible to international students.
- A very diverse community
No matter where you’re from, you’ll find your tribe in Canada. Canada is a truly global country and has embraced a multi-cultural population as its own. The government is pro-immigration, offers a lot of support and benefits, and actively engages with minorities.
- High Quality of Life, cheaper cost of living
Rentals and amenities are much cheaper in Canada as compared to most large cities in the US. Additionally, the government offers a whole host of healthcare and social benefits to all its residents.
Top MBA Programs in Canada
- University of Toronto’s – Rotman School of Management
- McGill University’s – Desautels Faculty of Management
- York University’s – Schulich Schools of Business
- Western University’s – Ivey Business School
- HEC Montréal
- Queen’s Smith School of Business
- Alberta School of Business
- UBC Sauder School of Business
- Concordia University – John Molson School of business
- Sobey School of Business
If you’d like to discuss your profile with our admissions experts, and evaluate if, and which, MBA program in Canada is best for you, click below to schedule a FREE Canada MBA Admission Session with us!