If you’re aspiring to pursue a bachelor’s program in the field of business or commerce, then B.Com is an excellent choice. In this article, we will explore the top Bachelor of Commerce colleges in Canada, carefully chosen based on QS rankings, providing you with career prospects and why Bachelor of Commerce is beneficial for you.
Top 7 B.Com Universities In Canada In 2024
Here are some of the best colleges in Canada for commerce students. To get complete details like admission requirements, entrance tests, GPA requirements, etc., you may click on a button in the table below.
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PictureUniversity NameLocationUniversity Details
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Vancouver, British ColumbiaPrivate College, Estd 2004
QS Rank – 5 Star
On-Campus, Online
Duration: 4 Years
Scholarships: Upto CAD 18,900 -
Toronto, OntarioPublic College, Estd 1827
QS Rank – 26
On-Campus
Duration: 4 Years
Scholarships: Upto 100% of the tuition fee -
Vancouver, British ColumbiaPublic College, Estd 1908
QS Rank – 46
On-Campus, Online
Duration: 4 Years
Scholarships: Upto CAD 80,000 -
Edmonton, AlbertaPublic University, Estd 1908
QS Rank – 119
On-Campus
Duration: 4 Years
Scholarships: Upto CAD 120,000 -
Victoria, British ColumbiaPublic University, Estd 1963
QS Rank – 351-400
On-Campus
Duration: 4 Years
Scholarships: Upto CAD 2,500 -
Toronto, CanadaPublic University, Estd 1959
QS Rank – 401-500
On-Campus
Duration: 4 Years
Scholarships: Upto CAD 40,000 -
St. John’s, NewfoundlandPublic University, Estd 1925
QS Rank – 641-650
On-Campus
Duration: 4 Years
Scholarships: Upto CAD 16,500
Benefits of Bachelor of Commerce In Canada
Here are various benefits of doing BCom in the best commerce school in Canada:
- B.Com offers a broad foundation in business and commerce, making it suitable for a wide range of career paths compared to other specialized degrees.
- Graduates can pursue careers in finance, accounting, marketing, management, entrepreneurship, and international business, giving them flexibility in job choices.
- Due to the high demand for business professionals in Canada graduates often are offered with competitive salaries.
- B.Com programs focus on practical skills like critical thinking, problem-solving, data analysis, and communication.
- Many Canadian cities, such as Toronto and Vancouver, have thriving business communities, providing students access to job opportunities.
- B.Com graduates can pursue advanced degrees like an MBA or professional courses like CPA or CFA to boost their career further.
- B.Com offers a broader knowledge base and more versatility in career options compared to other programs like BBA.
Affordable B.Com Programs In Canada
We understand the importance of finding quality education without breaking the bank. We have curated a list of some of the most budget-friendly B.Com options in Canada, ensuring that you can pursue your aspirations without financial burden. Fill out the form, and we’ll guide you in choosing an affordable and best universities for your business studies.
Admission Requirements
Bachelor’s Degree: To enroll in a bachelor’s degree program in commerce in Canada, candidates must possess a higher secondary certificate or a 10+2 degree from a recognized institution. Most Canadian universities prefer applicants with a strong academic background, typically accepting students with a GPA score of 3.0 or higher in their last qualifying exams.
Master’s Degree: For those aspiring to pursue a master’s degree in commerce in Canada, a recognized bachelor’s degree in commerce or a related field is required. Similar to undergraduate programs, universities often look for candidates with a competitive GPA, showcasing their academic excellence.
Language Requirements
International students hailing from non-English speaking countries need to demonstrate English language proficiency to study in Canada. This is typically done by taking standardized language tests such as IELTS (International English Language Testing System) or TOEFL (Test of English as a Foreign Language). The minimum required test scores are:
- IELTS: 6.0 – 7.0
- TOEFL: 80 – 100
Additional Test Scores
While not always mandatory, submitting additional test scores can enhance your application’s competitiveness. Universities may accept scores from standardized tests such as SAT (Scholastic Assessment Test), ACT (American College Testing), GMAT (Graduate Management Admission Test), or GRE (Graduate Record Examinations). Including these scores in your application can give you an edge in the admission process.
Study Permit
International students planning to pursue commerce courses in Canada after 12th grade must obtain a valid study permit. It is crucial to apply for the study permit at least three months before the planned date of travel to Canada. A valid passport and visa are essential documents for all international students.
Documents Required
To complete the application process for commerce courses in Canada after the 12th grade, candidates are required to submit a set of essential documents, including:
- Translated Transcripts
- Letter of Recommendation
- Statement of Purpose
- Portfolio (if applicable)
- English Language Proficiency (ELP) Test Scores
- Passport-size Photograph
- Curriculum Vitae (CV) or Resume
- Proof of Financial Resources
Tips For Joining Bachelor of Commerce In Canada
- Explore various universities in Canada offering BCom programs. Consider factors such as location, reputation, faculty, and program structure.
- Look into the specific BCom programs offered by each university. Some universities may have specialized tracks within their commerce programs.
- Familiarize yourself with the eligibility criteria, including academic requirements and language proficiency tests.
- Ensure you have the necessary educational qualifications and meet the language proficiency standards (IELTS or TOEFL) required by the university.
- Gather all required documents, including transcripts, letters of recommendation, a statement of purpose, and any additional materials specified by the university.
- Ensure that your documents are translated into English if they are in a different language.
- Be aware of application deadlines for the universities you are interested in. Submit your application well before the deadline to avoid any complications.
- Investigate financial aid options, scholarships, and grants available for international students. Many universities and external organizations offer financial assistance based on merit or need.
- Some BCom programs in Canada offer co-op or internship opportunities. Consider programs that integrate practical work experience into the curriculum to enhance your learning and employability.
- Some universities may require an interview as part of the admission process. Prepare for potential interviews by practicing common questions and expressing your interest in the program.
- Understand the process of obtaining a study permit for international students in Canada. Apply for the study permit well in advance and ensure that you meet all the requirements.
- Reach out to current students or alumni of the BCom program you are interested in. They can provide insights into the program, university life, and potential career paths.
- Familiarize yourself with Canadian culture, lifestyle, and the city where your university is located. Understanding the local culture can help you adapt more easily.
- Arrange for accommodation well in advance. Whether it’s on-campus housing or off-campus options, having a place to stay is crucial for a smooth transition.
- Canada is known for its cultural diversity. Be open-minded, embrace different perspectives, and engage with students from various backgrounds.
Career Prospects of B.Com In Canada
It is important to note that the courses and credit hours required for B.Com programs may vary depending on the university and the chosen specialisation.
- Career Paths: Some of the popular career paths include finance, accounting, marketing, human resources, consulting, entrepreneurship, and operations management.
- Average Salaries: The average salary for a Bachelor of Commerce graduate in Canada varies depending on the field of work and years of experience. On average, a B.Com graduate in Canada can expect to earn between CAD 40,000 to CAD 70,000 per year. However, the salaries can go as high as CAD 100,000 or more depending on the industry and location.
- Job Opportunities: The job market for B.Com graduates in Canada is quite diverse, with opportunities in both large corporations and small businesses. Some of the top employers include the big four accounting firms (Deloitte, PwC, EY, and KPMG), banks, investment firms, marketing agencies, and consulting firms.
- Further Education: After completing a Bachelor of Commerce degree, some students choose to pursue further education, such as a Master of Business Administration (MBA) or a Chartered Professional Accountant (CPA) designation. After completing MBA career opportunities include management, consulting, finance, and entrepreneurship. Salaries for MBA graduates often exceed six figures, depending on factors like experience and industry. You may check this post for an idea.
- On the other hand, obtaining a CPA designation can lead to a rewarding career in accounting, audit, taxation, or finance. CPAs typically enjoy competitive salaries, with the potential to earn a comfortable income over time, especially as they gain experience and expertise in their field.
Here’s a table summarising the popular career paths and average salaries for B.Com graduates in various specializations in Canada:
| Career Path | Average Salary |
|---|---|
| Finance | CAD 50,000 |
| Accounting | CAD 45,000 |
| Marketing | CAD 40,000 |
| Human Resources | CAD 40,000 |
| Consulting | CAD 50,000 |
| Entrepreneurship | CAD 30,000 |
| Operations | CAD 40,000 |
Courses In Canada After Bcom In 2024
| Course | Duration | Syllabus | Learning Opportunities | Career Support |
|---|---|---|---|---|
| MBA | 1-2 years | – Economics, accounting, finance, operations management, statistics – Optional: leadership skills, business ethics, international business, etc. | – Internships – Research Projects – Exchange Programs – International Study Tours | – Networking Opportunities – Specialized Programs – Skill-building Workshops – Interactions with Industry Professionals |
| Finance | 1-2 years | – Financial markets, corporate governance, financial instruments, risk management – Optional: GARP, CSC, CFA exam preparation | – Research and practical experience – High-paying job roles in top companies | – Career Counselling – Networking Opportunities – Skill – Building Workshops – Mentorship Programs |
| Global Management | 1-2 years | – International business law, global business strategy, international marketing – Certification courses available | – Internship Research Options (e.g., Royal Roads MGM) – Valuable work experience through certification programs | – Networking Opportunities – Skill -building Workshops – Mentorship Programs |
| Project Management | 1 year | – Team dynamics, project leadership, project negotiations, procurement management – Electives: information technology, public sector, construction, strategic portfolio management | – Co-op work term for real-world experience | – PMI Certification (Quality Assurance) – Networking Opportunities – Career Guidance |
| Sales and Marketing | 8 months – 2 years | – Marketing management, professional communication, web design, business-to-business selling, global market strategy, new media marketing, search engine marketing, innovation applications | – Work Placements – Work Projects – Co-op Options | – Job-ready Training – Networking Opportunities – Career Placement Assistance |
| Business Analysis | 1-2 years | – Data Analysis, Business Process Modeling, Business Strategy and Planning, privacy and ethics, strategic leadership, business process analysis | – Hands-on Learning – Work-integrated Learning Semesters – Industry-based Capstone Projects | – Career Counseling – Networking Opportunities – Skill-building Workshops – Job Placement Support |
| HR Management | 8 months – 1 year | – Organizational performance, principles in human resource management, strategic training and development, recruitment strategy, management accounting for human resources | – Internships – Workplaces – Co-op Terms | – Job-ready Training – Networking Opportunities – Career Placement Assistance |
BCom Vs BBA
| Aspect | BCom (Bachelor of Commerce) | BBA (Bachelor of Business Administration) |
|---|---|---|
| Focus | Broader focus on commerce-related subjects (e.g., accounting, finance, economics) | Specific focus on business administration and management (e.g., marketing, HR, operations) |
| Flexibility | More flexibility in course selection, allowing diverse skill development | Structured curriculum with a clear progression aimed at developing management skills |
| Depth of Subject Knowledge | In-depth coverage of traditional commerce subjects | Balanced coverage of core business subjects with emphasis on practical applications |
| Career Opportunities | Wide range of career paths in accounting, finance, banking, and general business management | Suited for entry-level managerial positions, grooming for leadership roles |
| Postgraduate Options | Opportunities for postgraduate studies and professional qualifications (e.g., CA, CMA) | Considered a direct pathway to pursuing an MBA for advanced managerial positions |
| Professional Development | Emphasis on a comprehensive understanding of the business environment | Incorporates internships, case studies, and real-world projects for practical skills |
| MBA Pathway | Suitable for those seeking a broad foundation before specializing further | Direct pathway for those aspiring for advanced managerial positions and an MBA |