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.
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Top Universities Offering MS in Business Analytics in Canada
Below are some of the top universities offering MS in Business Analytics in Canada:
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PictureUniversity NameCoursesUniversity Details
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Rotman School of Management (Toronto)Master of Management AnalyticsIn Person
Full Time
Tuition fees: CAD 76,260
Duration: 11 months
Intakes: Aug
Placements: 96%
Acceptance Rate: 33%
QS Ranking: 16 -
McGill (Desautels)Master of Management in AnalyticsIn 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)Master of Business AnalyticsIn Person
Full Time
Tuition fees: CAD 69,745
Duration: 12 months
Intake: Aug
Placements: 87%
Acceptance rate: 52%
QS Ranking: 31 -
HEC MontrealMaster of Science – Data and Business AnalyticsOn 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 UniversityMaster of Business AnalyticsIn 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.
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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.
University | Application Link | Application Fee |
Rotman (Toronto) | Link | CAD $195 |
McGill (Desautels) | Link | CAD $136 |
British Columbia (Sauder) | Link | CAD $160 |
HEC Montreal | Link | CAD $329 |
Saint Mary’s University | Link | CAD $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 Role | Expected Salary | Responsibilities |
Data Analyst | CAD 50,000 – CAD 70,000 annually | Analyzing data, preparing reports, and identifying trends to support business decisions. |
Business Intelligence Analyst | CAD 60,000 – CAD 80,000 annually | Analyzing key metrics and designing and managing dashboards. |
Data Scientist | CAD 80,000 – CAD 110,000 annually | Implementing machine learning algorithms and developing predictive models. |
Marketing Analyst | CAD 55,000 – CAD 75,000 annually | Analyzing consumer behavior and campaign performance. |
Financial Analyst | CAD 60,000 – CAD 85,000 annually | Budgeting, 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.