Yes, you can get PR after an MBA in Canada. An MBA is a valuable credential that can help you qualify for various Canadian immigration programs that lead to a Permanent Residency (PR). It is essential to know all the possible options to get PR after studying in Canada. In this guide, we have covered the eligibility criteria for obtaining permanent residency in Canada after completing an MBA program. So, if you’re interested in pursuing a cheapest MBA in Canada and want to learn more about your prospects, read on.
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Factors Affecting PR Eligibility
- Program Duration: Generally, a full-time MBA program of at least one academic year (two semesters) is required. Some programs might require even longer durations.
- Type of Program: Select an MBA program designated under Canada’s Post-Graduation Work Permit Program (PGWPP). This allows you to gain valuable Canadian work experience, which is a major plus for your PR application.
- Language Proficiency: Demonstrate strong English or French language skills through standardized tests like IELTS or TEF.
- Work Experience: While not mandatory for all programs, relevant work experience strengthens your application.
- Immigration Status: Students must have a valid immigration status to be eligible for PR. This means that they must have maintained their status as a student throughout their studies in Canada.
HOW TO GET PR AFTER MBA IN CANADA?
To obtain a PR after MBA in Canada, follow the given steps:
- Familiarize yourself with the different pathways to obtain PR (given below)
- Ensure you have an MBA degree from a recognized Canadian institution
- Get a Post- Graduation work permit and gain valuable work experience
- Determine your eligibility by the Comprehensive Ranking System Calculator
- Submit your PR application through any of the immigration pathways and undergo medical and scrutiny checks
- Once approved, you will receive a Confirmation of Permanent Residence (COPR)
Express Entry System
This points-based system awards points for factors like education, work experience, language skills, and age. An MBA can significantly boost your points and improve your chances of receiving an Invitation to Apply (ITA) for PR.
Provincial Nominee Programs (PNPs)
Many Canadian provinces have Provincial Nominee Programs (PNPs) with specific streams for international graduates. These programs offer faster processing times compared to Express Entry, often 6 months. Research PNPs in provinces that align with your career aspirations and immigration goals.
Canadian Experience Class (CEC)
If you gain work experience in Canada after your MBA through the PGWP, you may be eligible for PR through the Canadian Experience Class (CEC). If you apply through the CEC program, your application will be processed in 3 to 4 months.
MBA Costs To Get Canada PR:
The cost of an MBA program in Canada varies depending on the university. Below are the tuition fees of a few popular universities this year.
- McMaster University – $6,307.20 annually
- University of Guelph – $3,979 per term
- York University – $6,000 per term
- Wilfrid Laurier University – $6,885 annually
- Rotman School at the University of Toronto – $6,210.0 annually
For students who cannot afford an MBA, Government MBA scholarships give financial aid and promote educational accessibility.
MBA Points Required To Get PR In Canada:
An MBA can be a valuable asset for obtaining permanent residency (PR) in Canada through the Express Entry system, but it doesn’t directly translate into a specific number of points. Here’s a breakdown of how an MBA can contribute to your points:
Canadian Educational Credential:
Completing a two-year Master’s degree (including an MBA) from a designated learning institution (DLI) in Canada awards you 30 points under the Canadian Education factor in the Comprehensive Ranking System (CRS).
Work Experience:
- Your post-graduation work experience in Canada can significantly boost your CRS score.
- Skilled work experience in an in-demand field (which many MBA graduates qualify for) can lead to additional points.
Language Skills:
Strong English and/or French language skills are crucial for obtaining high scores in the Express Entry system. An MBA program often requires proficiency in these languages, potentially improving your score.
Overall, an MBA can contribute to your Express Entry profile in several ways, but it doesn’t guarantee a specific number of points.
MBA Programs In Canada
Renowned for its world-class education system, Canada stands as an attractive destination for those seeking top-quality MBA courses. Whether you want to improve your leadership skills, specialize in a particular field, or expand your global network, the MBA value in Canada is very high & can provide experiences that can help you shape your future career. Check our shortlist of Best MBA Colleges In Canada for detailed insights into the topic.
SCOPE OF MBA In Canada For International Students
The prospect of studying in Canada not only opens doors to top-notch education but also your career. After an MBA, jobs in Canada often offer strong career prospects, competitive salaries, and opportunities in diverse sectors, particularly in finance, technology, and consulting. As you begin your MBA journey, it’s essential to explore the diverse job market awaiting you after graduation. Discover the MBA in Canada jobs that offers exciting possibilities and learn how it can be a transformative step towards a successful and rewarding career.
Read More: Top Paying MBA Specializations In Canada
ADVANTAGES OF PR AFTER MBA IN CANADA FOR INTERNATIONAL STUDENTS
- Having a Canadian PR allows you to stay in Canada for 5 years with the freedom to move to any province in Canada.
- It is a pathway to Canadian citizenship which you can get once you have lived in Canada for at least 3 out of 5 years.
- You can enjoy the free healthcare facilities for Canadian PR holders.
- Social Security benefits such as employment insurance, old age security, pension plans, etc.
- You can seek to sponsor your family members or dependent members once you have acquired the Canadian PR.
Courses After MBA In Canada In 2024
If you ponder on “what can I do after MBA in Canada,” here are some of the best after-MBA courses in Canada available in top universities you may be interested in. We have also provided duration and tuition fee estimation as well.
| University | Course | Duration | Tuition Fee in CAD (annually) |
|---|---|---|---|
| McMaster University | PhD with specialization in Marketing, Management Science, Finance, OB, and more | 4 years | CAD 6,307.20 |
| University of Guelph | PhD in Consumer Behavior, Organizational Leadership, and Services Management | 5 years | CAD 3,979 (per term) |
| York University | PhD in Administration | 5 years | CAD 6,000 (per term) |
| Wilfrid Laurier University | PhD in Supply Chain, Operations, and Technology Management | 4 years | CAD 6,885 |
| Rotman School – University of Toronto | PhD in Organizational Behavior and Human Resource Management | 5 years | CAD 6,210.0 |
MBA Cost For PR In Canada:
MBA fees are cheaper in Canada for those who have a PR card. International students sometimes have to pay 2 times as much as a Canadian citizen or permanent resident, and sometimes the difference is even bigger, depending on the university. For instance, If the MBA fees of a certain college are $40,000 for international students, PR holders can get it for min $25,000 This is one of the benefits of being a Canadian citizen or permanent resident. Actual fees & costs vary by chosen university.
Alternative Of MBA To get PR in Canada:
While an MBA can be beneficial, diploma programs in high-demand fields like business, engineering, healthcare, computer science, and skilled trades can also be a pathway to PR through the Express Entry system, often at a lower cost. Find out the best colleges that offer Diploma Programs in Canada and apply for them.
Cost of diploma in Canada:
Diploma courses in Canada vary in cost per institution and program. International students often pay between CAD 15,000–CAD 35,000 per year for tuition.
Living expenses for diploma:
Canadian students can afford housing, groceries, transportation, and other necessities with a CAD1200–CAD1500 budget.
PR benefits with Diploma:
In Canada, Diploma with co-op programs not only increases the chances of getting permanent residency (PR) by giving students valuable job experience, but it also makes it easier to move on to postgraduate (PG) or PG diploma courses, giving students a well-rounded academic and professional path.
You can also check the easiest provinces to get PR in Canada through their PNP programs
Courses To Get PR in Canada:
The Canadian immigration system is a points-based system, and your eligibility for PR is based on a number of factors, including your education, work experience, language skills, and age. However, certain courses and programs may be more helpful than others in increasing your points score and improving your chances of getting PR. Below are a few examples of courses.
- Diploma or degree programs in in-demand occupations: This could include programs in business, engineering, healthcare, computer science, and skilled trades.
- French language courses: If you can speak French, you will receive additional points on your PR application.
- Programs that offer co-op or internship opportunities: These programs can give you valuable Canadian work experience that can help you qualify for PR. Read our article on Top Diploma & Certificate Programs in Canada with a list of best colleges for 1-year & Co-op programs to try this year.
Our Verdict:
Getting permanent residency after completing an MBA in Canada can be a great opportunity for international students. It not only allows them to stay and work in Canada for an extended period but also provides access to various social benefits and opportunities to apply for Canadian citizenship. Moreover, a PR status can also enhance one’s career prospects, open up new job opportunities, and allow for greater mobility within Canada. Therefore, international students should consider the benefits of pursuing permanent residency after completing their MBA program in Canada.
Faqs:
Candidates with a CRS score above 450 have a higher possibility of getting an invite to apply for PR. However, this varies for each draw conducted by the IRCC.
Yes, family members including your spouse/common-law partner and children can be included in your PR application. However, they will be required to meet medical and scrutiny checks.
Yes, you can work part-time while studying for your MBA without having a PR in Canada.
If your PR application is rejected, you have the chance to reapply considering the reasons for rejection. You can consider alternative immigration pathways or seek advice from an immigration consultation to help you with your application.