If you are looking for cheap universities in Canada for MBA, then this blog will help you in finding the best one. Canada is renowned for its highly effective business schools and MBA programs for International students. Nowadays it has become difficult to pursue masters in Canada due to the increasing cost of living in Canada and study expenditure. Keeping that in mind, we have curated the list of cheapest MBA universities in Canada, and those offering the best MBA programs within a low cost budget. Depending on the duration, nature, structure, and popularity of your chosen course, the cost of an MBA in Canada may vary. Canada cost of living can be managed better by joining one of these.
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PictureUniversity NameLocationUniversity Details
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Vancouver, British ColumbiaPrivate College, Estd 2004
QS Rank – 5 Star
Online and On-Campus -
St. John’s, NewfoundlandPublic College, Estd 1925
QS Rank – 751-800
On-Campus -
Regina, SaskatchewanPublic College, Estd 1974
QS Rank – 935
Online and On-Campus -
Nanaimo, British ColumbiaPublic College, Estd 1969
QS Rank – 27
On-Campus -
Québec City, QuebecPublic College, Estd 1663
QS Rank – 433
Online and On-Campus
Top 5 Cheapest Mba Universities In Canada
- University Canada West
- Memorial University Of Newfoundland (MUN Canada)
- University of Regina
- Vancouver Island University
- University Laval
University Canada West
Master of Business Administration (MBA):
Duration: 16-24 months (depending on the start date and delivery mode)
Fees for International Students: CAD 38,700 per annum
MBA Foundation Program:
Duration: 8 months
Fees for International Students: CAD 5,165
MBA with a Specialization in Human Resources Management:
Duration: 16-24 months (depending on the start date and delivery mode)
Fees for International Students: CAD 38,700 per annum
MBA with a Specialization in Marketing:
Duration: 16-24 months (depending on the start date and delivery mode)
Fees for International Students: CAD 38,700 per annum
MBA with a Specialization in Leadership:
Duration: 16-24 months (depending on the start date and delivery mode)
Fees for International Students: CAD 38,700 per annum
Memorial University Of Newfoundland (MUN Canada)
- MBA (General)
- MBA (Specialization in Social Enterprise and Entrepreneurship)
- MBA (Specialization in Oil and Gas Management)
- MBA (Specialization in Information Systems and Technology Management)
- MBA (Executive)
Duration: 2 Years
Tuition Fee: CAD 22,500
University of Regina
- Master of Business Administration (MBA)
- Executive Master of Business Administration (EMBA)
- MBA in Health Systems Administration:
- MBA in International Business
- MBA in Public Safety Management
Duration: 2 Years
Tuition Fee: CAD 37,375
Vancouver Island University
- Master of Business Administration (MBA)
Duration: 20 Months
Tuition Fee: CAD 55,250
University Laval
- MBA – General Management
- MBA – International Business
- MBA – Digital Transformation
- MBA – Healthcare Management
- MBA – Executive
Duration: 2 Years
Tuition Fee: CAD 64,200
Cheapest MBA Programs In Canada
It’s important to note that while these programs may be considered low-cost compared to other MBA programs in Canada, they still require a significant financial investment. Additionally, it’s important to research each program thoroughly to ensure that it meets your academic and career goals.
Types of MBA Programs In Canada
Full-time MBA
A Full-time MBA is a two-year, post-graduate degree program designed to provide students with a comprehensive education in the core areas of business, such as finance, accounting, marketing, strategy, and management. The program is typically taken on a full-time basis, meaning that students attend classes during the day, on weekdays, and engage in extracurricular activities and networking events throughout their MBA journey.
Low Cost Full-Time MBA Universities In Canada
- University of Northern British Columbia
- University of Saskatchewan
- Memorial University of Newfoundland (MUN)
- University of Victoria (UVic)
- University Laval
Part-time MBA
Part-time MBA programs are designed to be flexible, allowing students to balance their work, family, and other commitments while pursuing their degree. This type of MBA program is often popular among working professionals who want to improve their skills and knowledge in the field of business while continuing to work and gain practical experience.
Low Cost Part-Time MBA Universities In Canada
- Memorial University of Newfoundland (MUN)
- Simon Fraser University
- Concordia University
- York University
- University of Alberta
Executive MBA
An Executive MBA (EMBA) is a graduate-level business program designed for experienced professionals who want to enhance their business knowledge, leadership skills, and expand their career opportunities. Unlike a traditional MBA program, the EMBA is tailored to meet the needs of working professionals and is typically completed part-time over the course of 1-2 years.
Low Cost Executive MBA Universities In Canada
- University of Calgary
- Saint Mary’s University
- University of Ottawa
- Concordia University
- University of Alberta
Online MBA
Online MBA programs typically use a variety of online tools, such as video lectures, online discussion forums, and virtual classrooms, to deliver course materials and facilitate interactions between students and faculty members. Some online MBA programs may also require students to attend on-campus events, such as weekend residencies or networking events.
Low Cost Online MBA Universities In Canada
- University Canada West
- The University of Fredericton
- Laurentian University
- Thompson Rivers University
Can You Get MBA for Free In Canada?
No, MBA programmes in Canada are not free, but there are some universities which provide MBA at affordable tuition fees. Some of the affordable Canadian universities include Laval University, Concordia University, the University of Calgary, Ryerson University, and the University of Waterloo.
There are numerous full-time and part-time jobs, awards, and scholarships provided by these universities and also outside the province in Canada. You can check the eligibility criteria provided by each of these universities whether you are eligible for these awards and scholarships and apply for the the same accordingly.
Is College Free In Canada?
Cost of colleges in Canada starts from as low as CAD 20,000 to CAD 120,000 per year. However, the tuition fee may vary based on area and University. To get complete tuition fee details of any university of MBA program, fill the form below so that our expert team can reach out to you right away to guide you choose your suitable university for MBA.
What is the cheapest MBA University in Vancouver?
The cost of an MBA program can vary depending on the university, program length, and other factors. However, some of the cheapest MBA universities in Vancouver are:
- University Canada West: The tuition fee for the MBA program at UCW is relatively affordable compared to other universities in Vancouver.
- Thompson Rivers University: The MBA program at TRU has a lower tuition fee than many other universities in Vancouver.
- Vancouver Island University: The MBA program at VIU offers an affordable tuition fee for international students compared to other universities in Vancouver.
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