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Let’s just cut to the chase – MBA in Canada is expensive! As one of the most popular academic degrees in the world, it is kind of a given. But there is a workaround! It is not a Master’s degree if that’s what you are wondering. It is in fact a thorough research of affordable options that can replicate similar results and that is (drumrolls) Low-Cost MBA in Canada. And in this blog we are going to discover some of the cheapest MBA in Canada for International students, shall we?


1.     MBA fees in Canada
2.     Eligibility for MBA in Canada
3.     Cheapest MBA in Canada for International Students
4.     Top MBA colleges in Canada with fee structure

MBA fees in Canada

MBA degrees are universally expensive and are not losing their charm anytime soon as well. The average MBA fees in Canada range from $30,000 – $40,000. Which is still more than other popular study destinations like the UK, US, Australia, and more.

FYI, MBA in Canada Fees in INR is 23.3L – 29.7L

However, low-cost MBA fees in Canada for international students can go as low as $8,540 (Université SaintAnne) and that’s not all we will go into further detail about the cheapest MBA in Canada for international students in the next section.

Eligibility for MBA in Canada

MBA colleges in Canada may have different entry criteria for different specializations, but generally, they all require, a 3 or 4-year Bachelor’s degree from a recognized institution, a minimum of 2 years of work experience, IELTS 6.5 or above, and GMAT/GRE scores depending upon the program.

Cheapest MBA in Canada for International Students

Doing an MBA doesn’t necessarily mean you need to spend an impossible amount in order to thrust your way out of an ordinary pay scale. Lucky for you, we did some research and put together a list of the cheapest MBA in Canada for international students along with QS rankings and tuition fees, let’s go!

Cheapest University in Canada for MBA

QS Ranking

MBA Fees in Canada (CAD)

Memorial University of Newfoundland 751-800 $9,700
University of Northern British Columbia 801-100 $24,320
University of Manitoba 601-650 $27,919
University of Ottawa 230 $18,699
University of Waterloo 149 $18,774
John Molson School of Business, Concordia University 521-530 $37,500
HEC Montreal 61-70 $45,000
Sprott School of Business, Carleton University 601-650 $55,000
Ted Rogers School of Management, Ryerson University 801-1000 $35,818
University of New Brunswick 651-700 $22,340
Laval University 414 $15,225
University of Alberta 126 $28,281
Simon Fraser University, Burnaby 298 $34,060
University of Victoria (UVIC) 236 $12,390-$19,700
University de Sherbrooke 751-800 $13,065
Vancouver Island University 1222 $25,600

Want to know how GMAT-ready are you?

Top MBA Colleges in Canada with Fee Structure

We are not going to bore you with the details about what an MBA can do to your career graph, because we know you know. But an MBA from the top b-schools in Canada can undeniably take your career graph off the charts!

The average salaries of MBA graduates from top Canadian universities can go up to a whopping $178,000 and more. Curious how much you need to pay to get into one such university? Given below is the list of top MBA colleges in Canada with fee structures:


Course Duration

MBA Fees in Canada (CAD)

Rotman School of Management 2 years $59,450
Queen’s Smith School of Business 1 year $91,000
HEC Montreal 1 year $49,000
York University – Schulich 2 years $52,000
McGill Desautel 20 months $44,500
University of Alberta 30 months $16,520
Ivey Business School 1 year $111,750
UBC Sauder 16 months $60,045

Have more questions about studying in Canada? Our counsellors are ready with answers. Call us for a free 15 minutes session and we will guide you through!

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