Thousands of students chose to study in Canada because of the many benefits associated with studying and living in Canada. One of such benefits is the fact that some universities and colleges have very cheap and affordable programs compared to countries like UK and Australia. The MBA program is not left out. Everyone knows just how expensive it is to study MBA in some countries. Today, I have put together a select list of universities in Canada with cheapest MBA. In order words, the tuition fees charged by these universities for MBA program are lower than what other universities or countries charge.
Applying for admission into these universities is pretty much straightforward and well laid out. What you have to do is check their requirements on the university website and if you are suitably qualified, begin the online application and ensure that you submit all relevant documents. Once you have submitted your application, the university admissions department will reach out to you and inform you about the status of your application.
Affordable Canadian MBA programs
The 10 Canadian universities offering the most affordable MBA programs are shown as follows. Tuition amounts are in Canadian Dollars:
- Memorial University of Newfoundland ($5,718)
- University of Quebec and Montreal ($8,186)
- Moncton University ($9,810)
- Sherbrooke University ($11,000)
- Dalhousie University ($11,500-$15,300)
- Lakehead University ($12,500-$17,500)
- Kenneth Levene Graduate School of Business at University of Regina ($13,083-$22,000)
- Lansbridge University ($14,000)
- Odette School of Business at University of Windsor ($14,134.50)
- Carleton University ($15,265.08)
Current Canadian student visa requirements include candidates having to prove they have sufficient funds to support themselves during their stay in Canada. This is put at CAD10,000 for every year of your stay in Canada, on top of your tuition fees. Please bear this in mind when putting together your budget.
MBA Admission Requirements in Canada
Each institution establishes specific admission requirements but typically for an international student to be considered on to an MBA program in Canada, you should already have a 4-year undergraduate degree, a Graduate Management Admission Test (GMAT) score, work experience, and a Test of English as a Foreign Language (TOEFL) score (for applicants whose first language is not English).
Most programs in Canadian institutions are delivered in English with some in French. Proficiency in English is a must before you are granted admission. Most Canadian universities typically accept IELTS proficiency test with others accepting TOEFL. Cut off mark for these test is determined by individual universities.
How to apply
All instutitions in Canada accept online applications. Please note that there will be a non-refundable application fee ranging from CAD$100 to CAD$150, so you should have a valid credit card which allows international payments, or you might be able to make a bank transfer. Before completing your application online it is also vital that you check the visa requirements for studying on low tuition in Canada.