1 October 2021
When it comes to studying abroad, Canada is on the mind of most students in India. Thanks to its world-class education system, affordable living, top-ranked universities, and better life index.
One of the popular study programs in Canada is MBA.
Have you heard of the one-year MBA program? Yeah, it is one of the sought after courses among international students who are not willing to stay away from their desired career. As the name suggests, it is completed within 12 months compared to its traditional counterpart that requires 2-years.
Enabling students to complete their MBA degree quickly, within a year, the one-year MBA program in Canada is a lucrative option. These programs are designed to train students for leadership in the corporate world. A student can learn important skills in the field of finance, marketing, and human resources while being exposed to teamwork and management skills.
Last but not least—the 1-year MBA accelerates your career without putting unnecessary strain on your budget.
Top Universities in Canada for 1-Year MBA
| UNIVERSITY | Top 1 Year MBA Programs in Canada | QS World University Rankings: 2022 | FEES (IN CD to INR) | REQUIRD EXAMS |
| Rotman School of Management, University of Toronto | 1-Year Executive MBA | 26 | CA$42,643[25,12,926 INR] | IELTS, TOEFL, GMAT & GRE |
| Smith School of Business, Queen’s University | Full-time MBA | =240 | CA$110,260[64,97,555 INR] | IELTS, TOEFL, PTE, GMAT & GRE |
| Ivey Business School, Western University | MBA | 170 | CA$111,750[65,85,360 INR] | IELTS, TOEFL, PTE, & GMAT |
| Wilfrid Laurier University | MBA | – | CA$15,405[9,07,807 INR] | IELTS, TOEFL, PTE, GMAT & GRE |
| University of Saskatchewan | MBA | 458 | CA$47,883.48[28,21,744 INR] | IELTS, TOEFL & GMAT |
| University of Waterloo | MBA (MBET) | =149 | CA$58,680[34,57,977 INR] | IELTS, TOEFL & PTE |
| HEC Montreal | MBA | – | CA$54,000[31,82,187 INR] | IELTS, TOEFL & GMAT |
| Lakehead University | MBA | – | CA$37,800[22,27,531 INR] | IELTS & TOEFL |
| John Molson School of Business, Concordia University | MBA | 521-530 | CA$29,362[17,30,285 INR] | IELTS, TOEFL, GMAT & GRE |
| Royal Roads University | MBA in Global Management | – | CA$33,475[19,72,662 INR] | IELTS & TOEFL |
| McGill University | MBA | =27 | CA$99,500[58,63,475 INR] | IELTS, TOEFL, GMAT & GRE |
| University of Alberta | MBA | 126 | CA$16,129[9,50,472 INR] | IELTS, TOEFL, PTE, GMAT & GRE |
| Ryerson University | MBA | 801-1000 | CA$38,740[22,82,924 INR] | IELTS, TOEFL, PTE, GMAT & GRE |
(Data Source: CollegeDuniya.com)
Benefits of Pursuing MBA in Canada
- Canada has globally ranked educational institutions. According to the latest survey, nine Canadian universities are being adjudged as among the top 150 universities for MBA across the world.
- Canadian business degree is ranked among the top subjects ensuring the highest graduate salaries.
- MBA graduates have higher employment opportunities.
- With friendly immigration work policies, Canada ensures PR to the students.
- It won’t eat up your budget. Where a two-year MBA can cost you to 1 CRORE easily, a one-year MBA will cost you no more than 67 lakh. Furthermore, it will save you time.
Downsides of Doing One-Year MBA in Canada
Although there are many benefits of doing a one-year MBA in Canada, it might come with some cons such as…
- Since the entire degree is completed within a year, most universities are not able to offer internship programs to the students. The internship program is an important part of the traditional MBA program.
- Not all schools offer a one-year MBA in Canada. After all, it is still a unique concept in the nation. The number of the school offering one-year MBA is lower than those offering 2-year MBA.
- A one-year MBA is also likely to be stressful with tight schedules and long study hours.
What is the Cost of Studying MBA in Canada?
The average cost of doing an MBA in Canada is $30,000-$40,000. And this is an affordable cost compared to other nations.
Where You Can Work After Pursuing MBA in Canada
- The finance and consulting sector has been the major recruiter of MBA students.
- SMEs have also been evolving as the largest sector to hire business school graduates.
- Technology-based firms have one of the preferred choices for MBA graduates.
Understanding the Eligibility Criteria of Doing 1-year MBA in Canada
(The eligibility criteria might vary based on university. It is just a general overview. Make sure to read the guidelines of the institutions.)
- A bachelor degree or its equivalent qualification from a recognized institution.
- Securing a good GMAT or GRE scores.
- Professional work experience is required by some universities.
- SOP, LORs and CV
Let Our Study Visa Experts Help You with Your One-Year MBA in Canada
If you’ve made up your mind of doing a one-year MBA from Canada but don’t know where to get started, contact our study visa consultant right away.
We will help you choose the right course at the right university. We are one of the reliable and experienced Canadian study visa experts and have helped many students study and settle in Canada.
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