Canada: Favorite Destination for International Students
The number of international students in Canada reached 572,415 in 2018, up from 492,545 the year before. This compares to the 690,468 foreign students in Australia as of November 2018, and the 458,490 EU and non-EU students in the UK during the 2017/18 academic year. [source: ICEF]
The number of Indian students in Canada reached 172,600, growing by 40% from a year earlier. In fact, India is sending more students to Canada than China.
Canada offers affordable education, with world class resources, a multicultural exposure, good living standards, and most significantly, the opportunity to conveniently transition from studying to a legal working status.
Top MBA Colleges in Canada
|1||University of Toronto||$91K||658||Nov 20,Feb 19,April 15||$105K|
|2||University of Montreal||$49K||630||Nov 15,Jan 15,Mar 15||$83K|
|3||McGill University||$47K||550||Nov 1,Jan 15,Mar 15||$117K|
|4||University of Alberta||$58K||550||Mar 1||$70K|
|5||University of British Columbia||$65K||550||Oct 22,Apr 7||$81K|
|6||Western University||$112K||667||Sep 23,Nov 12,Jan 6||$103K|
|7||York University||$26K||550||Nov 29,Jan 31,Mar 12||$92K|
|8||Simon Fraser University||$41K||550||Oct 25,Jan 17,Mar 20||$88K|
|9||Concordia University||$41K||580||Mar 1||$64K|
|10||McMaster University||$87K||600||Oct 25,Jan 17,Mar 20||$73K|
Working in Canada during and after Your MBA
International students can qualify to work in Canada after completing their MBA under PGWPP (Post-graduation Work Permit Program).
- After completing a 1 year MBA, you are entitled for 1 year open work permit.
- After completing a 2 year MBA, you are entitled for 3 year open work permit.
Skilled Canadian work experience acquired under the PGWPP helps in qualifying for permanent residence in Canada. The MBA in Canada gives you sufficient CRS (Comprehensive Ranking System) points to clear the immigration threshold and can fetch you a PR.
While studying your MBA, your spouse may also be eligible to apply for a work permit and work as long as you hold a valid study permit.
If you are going for a 16-24 month MBA program, you could get up to 4 months internships, which plays major role in getting jobs.
Though, for a 12 month MBA program, you could get 1 month internship, which is not much useful.
Multicultural Society Welcoming International Students
Canada has the highest per capita immigration worldwide, with a big percentage of its population coming from a 1st or 2nd generation immigrant family or refugees.
The country believes in a Canadian culture which is an amalgamation of numerous religious beliefs, regions, languages, and cultures. Immigration is considered economically, and socially, rather important to the nation. It has put in place policies that actively engage immigrants in the Canadian society.
Such an environment fosters a favourable lifestyle for international students flocking in from all over the world.
International students can avail of the straightforward immigration process to earn their right to work lawfully in the country.
If you graduate from a Designated Learning Institution (DLI), which is any institution approved by provincial or territorial government to host foreign students, you may be eligible to apply for a Post-Graduation Work Permit (PGWP).
You need to qualify certain eligibility criteria that require you to be enrolled full-time in a DLI program for more than eight months. The validity of the PGWP depends on the duration of study.
For example, if you are enrolled to a 2 year MBA program, you can stay up to 3 years. For any other program less than 2 year but more than 8 months, you can work up to the length of the study program.
Qualified students are also eligible to apply for permanent residency through Express Entry. Check-out the details on the immigration website here.
Better Quality of Life in Canada
Canada offers an excellent lifestyle to its residents.
Medical treatments are not just state of the art but also free.
Tuition fee for an MBA program is in thew range of $50K-$75K USD, which is significantly cheaper than cost of MBA in USA.
After completing your MBA, you can get a job paying salary of around $100K.
So, an MBA from Canada will cost you less and you can get a good job with good chances of getting a permanent residency.
Selecting the Right MBA School in Canada
A number of Canadian schools offer a degree in business.
But selecting the right institution to pursue the course is a cumbersome task.
Here are some key factors to consider while choosing a your best-fit school:
- Academic Excellence – Make sure that the school you select has high education standards and an excellent teaching staff.
- Location – Analyze the location of the institution and its nearby area as you have to stay there for a prolonged period. You may prefer large cities such as Toronto, Vancouver, Ottawa and Calgary for better career prospects.
- Tuition Fee – Tuition fee is one of the most important aspects. You should select schools in the mid-range, optimizing for the education loan amount that you may need to take.
- International student support – Select a school that has a well-established support services for international students, which includes orientation, accommodation help, career and other advisory services.
- Alumni base – Selecting a schools with a large alumni base will help you tap into alumni network for internship and job opportunities.
Eligibility for admission to an MBA in Canada
Following are the key requirements for admission to an MBA program in a Canadian school:
- A relevant four-year bachelor’s degree obtained from a recognized institution
- Some schools may ask for work experience
- IELTS (6.5) or TOEFL (98) score
- Some schools may ask for GMAT score in the range of 550-700.
If you have completed 15 year of formal education, you can go for PGDM (Post-graduate Diploma in Management).
Please do check the school website for the complete list of eligibility criteria.
Scholarships in Canada for International Students
Check-out our original list of scholarships in Canada for international students
Following are some additional scholarships for Indian students.
|Program||Managed / Funded by|
|Canada Excellence Research Chairs (CERC)||Canada Excellence Research Chairs|
|Canada Gairdner Global Health Award||The Gairdner Foundation|
|Canada Gairdner International Awards||The Gairdner Foundation|
|Canada Research Chairs||Canada Research Chairs|
|Canadian Queen Elizabeth II Diamond Jubilee Scholarship||Government of Canada|
|CIHR Fellowship||Canadian Institutes of Health Research|
|IDRC Doctoral Research Awards||International Development Research Centre|
|IDRC Research Awards||International Development Research Centre|
|Research Associate Program||National Research Council Canada|
Check-out this site for additional scholarships.