Masters in Business Analytics in Canada

Have you considered pursuing your higher education in business analytics? Great choice! Businesses worldwide increasingly rely on data to make informed decisions, and business analytics empowers them to base these decisions on solid data rather than intuition or guesswork.

If you’re considering where to pursue a Master’s in Business Analytics, Canada stands out for its world-class universities and promising career opportunities in data analytics. In this guide, we’ll explore why studying an MS in Business Analytics course in Canada is a smart choice and highlight some of the top Canadian universities offering these programs.

Why Study MS in Business Analytics in Canada?

  • The job outlook for Business Analysts is positive: According to current projections, Business Analysts will remain in high demand across various industries, including healthcare, finance, and technology in 2025, offering a career path with significant growth opportunities.
  • Canada is an excellent choice for a well-rounded education: Canada offers a solid balance of top-ranking institutions, low tuition fees, research opportunities, and strong ties with the tech world, making it an ideal destination for pursuing an MS in business analytics.

Explore: Study in Canada.

Get Accepted By Top Universities Abroad

Benefits of choosing studyHQ

  • Guaranteed admission to elite global institutions.
  • StudyHQ provides complete support to the students.
  • Unlimited complimentary counseling sessions with StudyHQ professionals.
  • Receive advice from seasoned experts to master the IELTS.
  • Complete knowledge base in obtaining scholarships, loans, foreign exchange, travel advice, student housing, and much more.

Top Universities Offering MS in Business Analytics in Canada

Below are some of the top universities offering MS in Business Analytics in Canada:

  • Picture
    University Name
    Courses
    University Details
     
  • Rotman- Toronto
    Rotman School of Management (Toronto)
    Master of Management Analytics
    In Person
    Full Time
    Tuition fees: CAD 76,260
    Duration: 11 months
    Intakes: Aug
    Placements: 96%
    Acceptance Rate: 33%
    QS Ranking: 16
  • McGill (Desautels)
    McGill (Desautels)
    Master of Management in Analytics
    In Person/ Online
    Full Time/ Part time
    Tuition fees: $67,000 – $72,000
    Duration: 12- 16 months(MMA In-person) & 20 months(MMA online)
    Intakes: Jan & May
    Placements: 82%
    Acceptance rate: 30%- 35%
    QS Ranking: 18
  • British Columbia- Sauder
    British Columbia (Sauder)
    Master of Business Analytics
    In Person
    Full Time
    Tuition fees: CAD 69,745
    Duration: 12 months
    Intake: Aug
    Placements: 87%
    Acceptance rate: 52%
    QS Ranking: 31
  • HEC Montreal
    Master of Science – Data and Business Analytics
    On site
    Full Time/ Part time
    Tuition fees: Min $24,000
    Duration: 16- 24 months
    Intakes: Sep & Jan
    Placements: Nearly 100%
    Acceptance rate: Around 17%
    QS Ranking: 101+
  • Saint Mary's University
    Saint Mary’s University
    Master of Business Analytics
    In Person
    Full Time
    Tuition fees: $52,000
    Duration: 16 months
    Intakes: Sep
    Placements: High
    Acceptance rate: 60%- 70%

Eligibility Criteria

Outlined below are some of the common academic requirements for international students pursuing an MS in Business Analytics in Canada:

  • A three or four-year undergraduate degree from a recognized institution. In addition to this, the student must have a minimum GPA of 3.0 on a 4.0 scale in the last two years of academic work.
  • IELTS and TOEFL score requirements vary by university. Generally, for a Master’s in Data Science at Canadian universities, the minimum IELTS score is 6.5, and the minimum TOEFL score is 86.
  • Generally, Canadian universities do not require GRE or GMAT scores. Having said that, some universities may still request these scores. Refer to the individual university’s test score requirements page for specific details.

Read more about English Proficiency exams: IELTS, TOEFL and PTE.

Documents Required

  • Unofficial transcripts
  • Essays
  • An up-to-date resume
  • Reference letters
  • Proof of English language proficiency 
  • Personal statement
  • Relevant work experience certificate (if applicable)

Learn How to Write SOP for Canada.

Application Process

  • Create a username and password through the university’s online application system or check the link below.
  • Log in and fill out the application by providing personal information, academic history, referees, and other important details.
  • Upload all the relevant materials.
  • Pay the application fee.
  • Submit the application.
UniversityApplication LinkApplication Fee
Rotman (Toronto)LinkCAD $195
McGill (Desautels)LinkCAD $136
British Columbia (Sauder)LinkCAD $160
HEC MontrealLinkCAD $329
Saint Mary’s UniversityLinkCAD $125 (non-refundable)

Scholarships for MS in Business Analytics

Below are the scholarship details for a Master’s in business analytics in Canada:

McGill University

  • Entrance Scholarships: All Master of Management in Analytics students are eligible for entrance scholarships.
  • Eligibility criteria: Merit-based.
  • Application deadline: Applicants are selected automatically. No additional application is required.

HEC Montreal

  • Entrance Scholarships: The scholarship is awarded by the MSc in the Administration Program Office to the top candidates. For international students who have never studied in Canada, an exemption fee may be added to an entrance scholarship.
  • Eligibility criteria: Based on academic record at the time of admission.
  • Application Deadline: No separate application is required. Eligible candidates will be notified via email.

Find more Scholarships in Canada for International Students.

Business Analytics Job Roles And Expected Salaries

After your Master’s in Business Analytics, you have a variety of job roles to choose from. The average salary for Business Analytics postgraduates in Canada ranges between CAD 55,000 and CAD 75,000 annually. Below are some of the job roles and expected salaries:

Job RoleExpected SalaryResponsibilities
Data AnalystCAD 50,000 – CAD 70,000 annuallyAnalyzing data, preparing reports, and identifying trends to support business decisions.
Business Intelligence AnalystCAD 60,000 – CAD 80,000 annuallyAnalyzing key metrics and designing and managing dashboards.
Data ScientistCAD 80,000 – CAD 110,000 annuallyImplementing machine learning algorithms and developing predictive models.
Marketing AnalystCAD 55,000 – CAD 75,000 annuallyAnalyzing consumer behavior and campaign performance.
Financial AnalystCAD 60,000 – CAD 85,000 annuallyBudgeting, conducting financial forecasting, and identifying areas of financial risks.

Conclusion

Canada’s reputation for quality education in data-driven fields, combined with its multicultural environment and favorable immigration policies, makes it an ideal destination for international students pursuing higher education in business analytics. All you need to do is choose the right university, program, and location, and you’ll be on your way to building a promising career in this fast-growing field.

FAQs

Typically, a Master’s in Business Analytics takes 1 to 2 years to complete. There are some programs that offer co-op opportunities, which may take longer to complete.

There are several cities, but the major ones are Toronto, Vancouver, Montreal, and Calgary. These cities have thriving tech and other industries.

Yes, Canada provides post-graduation work opportunities to international students. You can use the Post-Graduation Work Permit (PGWP) to work for up to 3 years after completing your studies. This is an excellent opportunity to gain experience and transition into permanent residency through other immigration pathways.